As we first reported on power lunch yesterday, the engineer pioneer died in a car crash in oklahoma yesterday, less than 24 hours after he was indicted on charges of conspireing to rig the price of oil and gas leases. Reuters now reporting the private equity fund emg halted new deals with mcclendon just before his death. Bethany mcclean is a contributing editor at vanity fair and cnbc contributor. We knew aubrey was scheduled to be in court later on that day. And now this. What have you found . Well, this is clearly a guy who was under siege from a lot of quarters and im connecting multiple dots, but you have obviously the indictment by the u. S. Government, and having the weight of the u. S. Government brute force come down on you is not an easy thing to live with. Thats been an investigation ongoing for the last four years. He was clearly starting to have a lot of trouble raising money and keeping his empire together. He tried to raise 2 billion in an ipo for American Energy partners
Century. The original copy. Apple is talking to hollywood executives about creating its own shows in a bid to compete with netflix. This after announcing a tie up with cisco. Now it was the worst month for the s p since may of 2012. The dow since may 2010 and the biggest gain for the volatility index back to 1990 and as you can see that volatility may continue into september. Were now looking at the Dow Jones Industrial in premarket trade down nearly 400 points. A big move. The s p 500 down about 49 and the nasdaq down about 113. This as Oil Prices Continue to move lower after that big rally that we saw over the past three trading sessions. Want to point your attention to whats happening here in europe in the month of august. European stocks suffering the biggest loss since august 2010 and here in september were starting the month off on a down note. Were looking at the xetra dax seen as the power house down about 300 points. We got the disappointing data from asia. Telling economists
Century. The original copy. Apple is talking to hollywood executives about creating its own shows in a bid to compete with netflix. This after announcing a tie up with cisco. Now it was the worst month for the s p since may of 2012. The dow since may 2010 and the biggest gain for the volatility index back to 1990 and as you can see that volatility may continue into september. Were now looking at the Dow Jones Industrial in premarket trade down nearly 400 points. A big move. The s p 500 down about 49 and the nasdaq down about 113. This as Oil Prices Continue to move lower after that big rally that we saw over the past three trading sessions. Want to point your attention to whats happening here in europe in the month of august. European stocks suffering the biggest loss since august 2010 and here in september were starting the month off on a down note. Were looking at the xetra dax seen as the power house down about 300 points. We got the disappointing data from asia. Telling economists
[applause] aubrey has had a very distinguished career. Working on a number of projects over the years long before either of us came to the Atlantic Council and our share of stories from various friends in africa. Aubrey is managing director of the group and Investment Advisory firm where she helped to facilitate 2 billion investments in capital flows to africa. She has worked with numerous fortune 500 companies. Shes also been recognized by diplomatidiplomati c career magazine as one of the top 99 foreignpolicy leaders under 33 from washington and i wont say when that honor occurred. Aubrey, very much delighted to host the occasion here at the Atlantic Council. Following a presentation we are delighted to have Lesley Wroughton commented state Department Correspondent to moderate the discussion. We are grateful to leslie for being on this several days where anyone associated with the state department is that reporting on the journalistic senator spinning on the other side deal on the Ir
Looking for record territory of their own. Shares of best buy set for a nice gain after earnings ahead of estimates. Well tell you why its still about the tablets. Strong demand for jeep brand helping sales at fiat chrysler. What to expect from ford and gm when they report later on this morning. You saw it happen here on squawk on the street during yesterdays session. The nasdaq hit 5000 for the first time in 15 years. The index finishing above that level. Now about 40 points away from its record close. Meantime, the dow and the s p each posting alltime closing highs, along with the russell. As you might expect jim, broad media all over it. The nasdaq 5000 logo, bleeding into the mast head over at usa today. Interesting, i think they dont have i think that most people would know Kim Kardashian far better than what stocks are doing on the nasdaq. Last time the man on the street new it was time to buy cmgi. They didnt know it was time to sell cmgi. Priceline did come public this day in 1