At 10. 01 per barrel. It did manage to scratch back about 126 of yesterdays 300 plus loss but energy has swamped the stock market over the past 48 hours, completely wiping out fridays 700 plus point gain for the Dow Jones Industrials. Right now we are looking at the dow swooning at the moment, down 562 points. Thats good for a 2. 33 loss. All three major indices are facing a second straight day in the red. Could a lifeboat arrive within just an hour or two . Word is congress is coming together as we speak to replenish the Small Business rescue plan with a fresh 310 billion round of loans. As some big banks, though, play favorites with the First Tranche of money, nontraditional lenders are fast gaining more respect. Weve got the chairman and ceo of one of them. He has already delivered 2 billion to Small Companies and is ready, willing and able to do it once again. Got to hear how hes doing it. And hollywood is on hold as the sopranos prequell sleeps with the fishes. Steph patt ernot is
Its my pleasure to welcome all of you to our seventh annual Daniel Patrick monaghan lecture. Briefly, were really pleased to see such a full house as always. Were happy to be joined by folks worked with senator monaghan. Mora is pat monaghans daughter and a tremendous supporter of our organization and this initiative from the beginning. Id also like to thank sage publications. Sage in the publishing world is probably the preeminent Publishing House concerned with the social sciences. They also publish the title called the annals of the American Academy. Theyre also the principal cosponsor of this lecture, having given us generous funding to support this enterprise so thank you to them. Also a quick thank you to the willard staff and to my staff at the American Academy. Theyve just been terrific in getting all this started. We are going to have a brief time for question and answer after ambassador powerstalk. Two points about that. One, it is going to be brief. Well only have probably t
Im the executive director of the American Academy of political and social science. Its my pleasure to welcome all of you to our seventh annual Daniel Patrick monaghan lecture. Briefly, were really pleased to see such a full house as always. Were happy to be joined by folks worked with senator monaghan. Mora is pat monaghans daughter and a tremendous supporter of our organization and this initiative from the beginning. Id also like to thank sage publications. Sage in the publishing world is probably the preeminent Publishing House concerned with the social sciences. They also publish the title called the annals of the American Academy. Theyre also the principal cosponsor of this lecture, having given us generous funding to support this enterprise so thank you to them. Also a quick thank you to the willard staff and to my staff at the American Academy. Theyve just been terrific in getting all this started. We are going to have a brief time for question and answer after ambassador powerst
Hosted by the American Academy of political and social science. She is the recipient of the academies 2019 Daniel Patrick moynihan prize. Good afternoon. Can you hear me okay, everybody . Im tom kecskemethy, executive director the American Academy of political and social science. It my pleasure to welcome all of you to our seventh annual Daniel Patrick moynihan lecture on social science and Public Policy. Very briefly before you move into todays proceedings, i know we all want to hear from ambassador power, were pleased to such if the last as always, happy to be joined by folks who work with senator moynihan and to be joined by members of the family who have been so supportive of this enterprise from the start. I havent seen morena yet but she may be. She will be with us at some point today. Maura is his daughter and shes been a tremendous supporter of our organization and this initiative from the beginning. I also would like to thank Sage Publications your sage in the publishing world
But the bond proxies are back and they are big, the car sector an similar stories like that are selling off. German tenyear yields catching more of a bid. Something i want to highlight this afternoon is we are seeing emergingmarket currencies being sold off, including the russian ruble and the south korean south american rant. South african rand. For a bloomberg scoop, sources saying Chinese Stateowned entities are in talks to invest 5 billion to 10 billion in aramcos ipo. This comes as saudi arabia seeks commitment from friendlier governments to shore up the sale. We are joined now by our bloomberg reporter. How much is this impacting u. S. Markets and analyst today who might be interested in the ongoing deal . We knew this was going to get attention from a lot of the big sovereign wealth funds, they were going to be the folks to put their money behind it. This is a huge deal for china. Most people want to wait to see what kind of dividends saudi aramco is going to have. They have com