The problem with that is when job,graduate and find a there are only so many of that type of job. But frankly, there are more jobs these days that you can get without having a college degree. Most of my employees with our half, had noaybe background and what we do prior to working for us. We train them. You looking for basic skills and then train them. Paul exactly, we are looking for hardworking ethic. And we have settled with saying we will teach them the rest. My cto has become the educator in chief, helping employees develop and grow skills. You can see that across all industries. I dont think there is a job shortage. I think there is a worker shortage. But i dont think theres a people shortage. Bob we could spend a lot of time. Heidi, if you could address this briefly and then audience questions. Heidi i think the key is education reform, and private Public Partnerships like ibm is doing. Things like that where you got employers telling the Education System what skills they need a
To protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named Eileen Foster, a former Senior
About 8 billion to banks at discounted rates. The goal is to allow the firms to relend the money to small businesses. Its been more than 24 hours since swiss Central Banks shocked the financial world. It abandoned its cap on the euro an were still learning about the fall out. Regulators around the world are looking for information about what happened and how some retail brokerages entered insolvency. It says the volatility left it with a negative equity balance and its trying to sure up its capital. Lets take a look at whats happening with the u. S. Equity futures this morning. The dow was down by triple digits yesterday. The dow was indicated down by 42 points. S p few turs down by 6 and the nasdaq down by over 28 points. Of course as weve seen what happens in these early hours is no indication of what would happen by the market close. No indication of what would happen by the market open. So true. A lot of volatility out there. It is. Corporate news this morning, heres our early stoc
To protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named Eileen Foster, a former Senior
Bill Erik Schatzker tweeted from somewhere in east asia. Stephanie he tweeted a picture of a goat. I cannot believe it is the first day of spring and it is freezing out. Im going away next week. Will you be here . Bill im going away, too. To visit my parents in florida. Stephanie lovely. You dont want to hear about our vacation plans. The top business stories of the morning you have to pick up the pace. They have told the Prime Minister that greece must submit a more concrete reform plans of that bailout talks can speed up. Greece is quickly running out of money after four hours of talks in brussels cyprus put a positive spin on the issue. I hope after this the liberation deliberation, all the sides will try to do their best to overcome the difficulties as soon as possible. Stephanie no Firm Deadline for when greece could run out of money. Eurozone Officials Say this only a matter of weeks. American Airlines Flying high today. At the close of business, the company will be added to the