David she started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has enormous influence at that company and has done a terrific job of making certain their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would really like her to be secretary of treasury. She would be a terrific candidate for the position. David so during this period of time, google has done quite well and alphabet has done well. Your stock is a more than 20 this year and i should say, from the time you became cfo, the stock is up over 200 and market cap is up over 200 . They have done quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 period of time more than ever before or are people not sp
Women in the Business World is ruth porat. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has enormous influence at that company and has done a terrific job of making certain their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would , really like her to be secretary of treasury. She would be a terrific candidate for the position. So during this period of time, google has done quite well and alphabet has done well. Your stock is up more than 20 this year and i should say, from the time you became cfo, the stock is up over 200 and market cap is up over 200 . They have done quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 period of time more tha
Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track
The Fatal Shooting this past spring of breonna taylor. Two police in her hometown of louisville, kentucky were shot after they were called to an area downtown yesterday. Police announced a curfew for the next two nights. The officers injuries were not lifethreatening. Police say they have made nearly 100 arrests in the city. There were also protests in new york, chicago, atlanta, and seattle. Bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. Stocks reversing initial declines. Strong housing dated today and speculation of a new round of economic stimulus. We will discuss with tracy ahearn. It is one of the largest deals yet. United it was via United Wholesale mortgage valued at 15 billion. We will speak with mat ishbia
Financial roadblocks. This is an hour and ten minutes. Mr. Chairman, are you ready to begin . Yes. Please begin your fivesecond countdown. 5, 4, 3, 2, 1. Good afternoon. I call this hearing to order. A quorum is present. Without objection, the chair is authorized to call a recess at anytime. I would like to go over items. If you are experience connectivity issues, please contact your staff. It is committee and Sub Committee, participating members will be muting when not recognized and its out of courtesy so that background noise did not interfere with another member recognized to speak. When you are recognized you need to unmute your microphone and pause before speaking so we can hear everything you say. In order to ensure that everything members say is captured on the live stream of the hearing members are asked to pause for two to three seconds before beginning to speak. If you wish to have a document inserted in the record please ask for unanimous consent and have your staff email t