Apple saying shares are massively undervalued. Recent history repeating futures pointing lower after a big recovery from a dramatic selloff tuesday. Alcoa and pepsi beating the street. Leadership, gap shares down. Murphy announcing he will be retiring. Carl icahn released an open letter to apple ceo tim cook saying the Company Shares are massively undervalued and should be trading at 203 a share now. Icahn expressed support for cooks leadership, urged him to accelerate the share buybacks. He would not tender a share if apple institutes a new Share Repurchase program. Calls cook the ideal ceo. Says this is not a criticism. A long letter about how the market is getting this wrong. I think you are right to say its about how Institutional Investors are underinvested in apple. He also says if you want to get those investors, you cant just keep doing what youre doing. Youve got to really create a short squeeze from the tender offer. Sell 25 million tvs. Its not scathing, but it says, all rig
Quite i mean, i do think that theres been quite a number of serious and conscioequential failures on the part of policymaking, but i think that the states of the region have utterly, utterly failed, to come up with any kind of constructive solution and at the end o f the day, everybody wanted the United States to come and use the air force so that everybody could have an alibi and work. So, without solving the iran, saudi arabia geo political game there which has been fought through sectarian hatred, i really dont think we can get anywhere. Without engaging, without engaging the russias in their, in a peace process, i dont think we can get anywhere. So if we could just face those realities, i think we would be better off. Just a quick question and then well open up to questions from our participants. Marwan, you sort of contrasted tunisia with the rest of the region, but there was this interesting article in the Washington Post today about the large number of recruits to isis from tuni
The chair now recognizes the gentleman from South Carolina, mr. Wilson. On sunday both the fbi and the department of Homeland Security issued warnings to American Military personnel within the United States regarding possible threats from isil. Sadly, this comes after Homeland Security secretary jeh johnson announced, quote, that the president would have no credible information that isis is planning to attack the homeland of the United States, he said this in new york city in front of the council on foreign relations. This incredible statement by secretary johnson, preceded his unconstitutional review of illegal aliens, as a member of this committee as well as chairman of the ampled Services Subcommittee on personnel, im grateful to promote the wellbeing of members and their subcommittee on personnel, im grateful to promote the wellbeing of members and their subcommittee on personnel, im grateful to promote the wellbeing of members and their subcommittee on personnel, im grateful to pr
Regulation worked. Well talk about that at another brookings event. Airline regulation, not quite so much. More people can fly now. If you adjust for consumer price, Airline Deregulation has worked, i agree with you, a lot of airlines suck, but that is not because flying sucks, i just was on an airplane yesterday. I know this is going to be tweeted now. No but that line. A lot of people dont like airlines. And its important to talk about this, because people will say, oh, my god, if you do it for if you do this for communications, look what happened to airlines. I think a lot of what happened to the airlines since, first people misperceived, said rates havent come down, but the planes are all full because they are like buses, okay . But people dont remember the back in the old days, planes were 60 full, all right . And it was a tremendous economic waste. And it was a disaster, all right . And i think the Justice Department probably has allowed too many mergers, all right . And as a res