That is coming up next. I mentioned if the goldman shares soaring after reporting 93 revenue trading in the second quarter. The analyst call is underway. What are some of the highlights you can tell us . There is or uncertainty. David solomon did say violet has been very uncertain as far as outlook for reopening, he gave us expectations on what to expect. The expectations for the u. S. Have gotten better. For the globe, worse. This number is equates to a and more than 6 globally next year. If you think banks are undervalued now and you are seeing this type of expansion next year, you are in better shape. That uncertainty still exists. Goldman also gets credit for being able to improve their capital ratios closer to where the fed wants them to be. By selling off assets here and there, we saw a big insurance sale last week to kkr, and being able to offload assets such as leverage loans of the sword. Of the sort. Carol guy talk about the ratio, they have come up 13. 6. Does that mean inve
Economies trying to rio, maybe not reopen, maybe not straightaway, but starting with france in phase two and starting phase two on may 11. There is hope we have bottomed out when it comes to the economic crisis. I am seeing euro movement. Here is viviana hurtado. Viviana the white house is backing away from a projection that shows the coronavirus out rate getting much worse in the u. S. And says by june there could be 200,000 new cases and 2500 deaths per day. The white house says that is a cdc document that has not and presented to the president. Neither allies nor opponents are happy with Boris Johnsons coronavirus plans. Lawmakers from his party want him to ease the nationwide lockdowns. Propernions demand protection for employees. Three months to fix it 3 trillion wanted tate of easing Program Quantitative easing program, this from the German Constitutional Court to the ecb. Claim the bank overstepped its bounds. Oil on its longest winning streak and nine months. For the fifth day
You said, we can sell anything, and i think i need to put that to the test. But if they cant put aside their pride and arrogance. Parker im pretty sure that i ran the biggest business before out of all of us. Travis ive actually done more than you in three businesses that ive owned. You havent taken the time to learn [bleep] lemonis . And prove to me that they can achieve the goals ive set for them. Have you figured out your specific business entirely . Taylor no. Lemonis well, what the [bleep] nobodys stopping you from figuring that out. Taylor were trying. Lemonis . Theyre gonna lose this follower for good. Taylor this is where we think we can add the most value because we just lemonis well, youre not gonna add the most value by getting it and pissing people off. Thats not a good way to add value. My name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering
noise the committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Holding Wells Fargo Accountable and ceo perspectives for the bank that broke americas trust. I now recognize myself for five minutes with an Opening Statement. Today, wells far go ceo, charles scharf, will testify before the committee about how he plans to end wells fargo egregious battle of abuse. Hes the third wells fargo ceo to testify before this committee and less than three and a half years. I will note that each time wells fargo ceo testified before this committee, he has resigned soon thereafter. Mr. Charles scharf, you have taken on a massive challenge and while i certainly wish you luck, it is clear to this committee that the bank you inherited is essentially a flawless organization that has caused widespread harm to millions of consumers around the nation. Wells fargo has opened 3. 5 million fraudulent accounts with their
noise the committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Holding Wells Fargo Accountable and ceo perspectives for the bank that broke americas trust. I now recognize myself for five minutes with an Opening Statement. Today, wells far go ceo, charles scharf, will testify before the committee about how he plans to end wells fargo egregious battle of abuse. Hes the third wells fargo ceo to testify before this committee and less than three and a half years. I will note that each time wells fargo ceo testified before this committee, he has resigned soon thereafter. Mr. Charles scharf, you have taken on a massive challenge and while i certainly wish you luck, it is clear to this committee that the bank you inherited is essentially a flawless organization that has caused widespread harm to millions of consumers around the nation. Wells fargo has opened 3. 5 million fraudulent accounts with their