Now on booktv Thomas Stanton argues the main difference between companies that successfully made it through the 2008 financial crisis and those that didnt was the willingness of upper management to listen to feedback before making decisions. This is about an hour and 15 minutes. Good afternoon and welcome to the cato institute. I am the director of Financial Regulation studies at cato. I am also honored to serve as moderator for todays book form. Reading press coverage of the financial crisis one comes across phrases such as banks did this and banks did that. These generalities, there was no response to the financial crisis or events that preceded it. To confirm took different approaches and several ceos and their boards made poor decisions, others made good decisions, prudent decisions and sometimes brilliant decision that not only saved their firms but about and to gain market share come out stronger than ever. In my own riding i tend to place considerable emphasis on the poor Public
Getting things up and rung. I appreciate it. From my i hear constituents is not good. I hear so many stories of rebuild,nts who cant who havent gotten money. Theres so much red tape that theirannot possibly find way through. So i want to ask each of you tape thats of red concern me that hopefully you can give me the road forward so let my constituents know that relief is possible. Secretary donovan, this one seems very difficult. A number of my constituents were that becauseearn they accepted Small Business administration loans that they now ineligible for cdbg funding. I understand the need to make duplication in getting federal benefits and we want to protect against fraud, but and that is absolutely critical to the integrity of this program. But is there any distinction grantsn be made between and loans under the duplication of benefits regulations . And under the current federal regulations what are the options for sandy affected homeowners whoaccepted sba loans but believe they ar
All High School Juniors and children in the gallery and state legislatures a. Some of those elements we think are not ones that the court should acknowledge is whether or not it advances religion. If you ask a chaplain for the state assembly i and sacrament f california who is going to the assembly are you going to advance your religion today . What this court said is the limit of the legislative prayer is a problem ties to example. We think with respect to the Second Circuit if got it just about right to the question is does it preach conversion or threaten and damnation to non believers or you use the word advanced and proselytized. Its not proselytized or advanced. That is the link which is the proselytized and whether or not it is in fact fair to ask the minister or the priest or the chaplain if he or she advances their religion. We dont whitmarsh says is advanced doesnt mean having a single chaplain of a denomination were looking at the content of the sectarian prayer in light of
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Sabres. We had to try them on. We had to do last minute alterations to make sure they fit. Im worried about the twominute costume change. There is technical choreography to this. Well show you more coming up in a full hour on today. We want to begin with the massive sing hole in florida. Demolition crews are outside the house to tear it down. Gabe, good morning. Reporter lester, good morning. Engineers determined that the site is entirely unstable. Demolition is under way. This is the first look we have gotten inside the house. Authorities abandoned their rescue and Recovery Efforts after finding no signs of life. With a sinkhole expanding beneath this house, rescue crews say they have no choice but to demolish the home today. The growing cavern is 30 feet wide, 50 feet deep and they dont know when it will stop. We met with the family, advised them of that, and that at this point we have to move beyond the rescue to demolition phase. Word that the victim may never be recovered hurt the