Out of millions of dollars. Medawar was extraordinarily, um, good at what he did. He was the consummate con man. [ music ] i would ask the, uh, witnesses to, uh, rise. Andand raise your right hand. In the summer of 2002, a ceo is called before congress, grilled about why his company has gone bust, and why shareholders have lost a total of 180 billion. Each of you is now under oath. Good afternoon, mr. Chairman. I served as ceo of worldcom for 17 years. During that time, i helped a Small Company rise to one of americas largest corporations. Bernard ebbers, former ceo of worldcom, symbolizes an era of corporate greed and fraud. Worldcom is one of the fastest Rising Companies in u. S. History. And one of the hardest to fall. The year is 1983. At a diner in the small town of hattiesburg, mississippi, local businessmen meet over coffee and donuts. Ma bells monopoly on Long Distance is breaking up. The businessmen see an opportunity to get in on the Long Distance game. In the early days, the
What it means is that crude is having a really tough day. You have Oil Producers from saudi arabia, others, really trying to renegotiate a deal to reduce the output, but crude is not getting a lift on that new. Getting a look at the Retail Stocks we were looking at, after the massive route that we had, the Smallest Companies in the s p 500 are retail. Taking a look at the midcap index, macys was removed on the s p 500. 13 other companies within the s p 500 ended last week with him lower market values and so you had Companies Like cap, kohls, nordstrom, capri, haynes, getting hit hard. So if they go, if they follow the precedent set by macys, they could potentially be getting kicked out of the s p 500. Just an incredible move. One of the Big Questions is it the fed would start lending to junkbond Companies Like macys. One thing that you noted a lot in your research is what is systemic, right . Who is providing the jobs and what classifies something as too big to fail, if you will. A lot
Where i am celebrating the life of a Country Music legend kenny rogers has died at the age of 80. Im calling aspen thanks for joining us germany is bracing for the full impact of the corona virus pandemic the countrys finance minister says its preparing a supplementary budget of 150000000000 euros as part of a broader funding package to tackle the Economic Impact of the outbreak close to a 1000000000 people now were around the world have been confined to their homes as governments attempt to slow the global spread of the coronavirus germany is among the worst affected countries 2 of its 16 states of imposed a full on. Down saarland in the west and the area in the south where the streets of the capital munich look a lot like this there are nearly deserted police say there have been a few violations of the 2 week curfew since it came into fact effect on saturday morning other states are considering following suit while the German Government is thinking of imposing tighter restrictions on
The case is this all 211000. Train bound for. The camp and celebrating the life of a Country Music legend kenny rogers has died at the age of 18 why. Thanks for joining may rule beginning in italy which is reported its biggest ever one day rise in deaths from the coronavirus nearly 800 people died from the infection there in the apos 24 hours usually is the worst affected country in the world the corona virus has killed nearly 5000 people there and around the world more than 300000 people have been infected more than one in every 6 cases is. In italy. This is the chapel at cremona hospital in northern italy. The morgue is full so bodies are being kept here until they can be buried. In the intensive care unit has no bad to last medical staff are struggling to cope. Its not me. We are here. They. All leave we are told to form or. If you are worth in. Here or in war because we are. Here for the patients. The battle against the spread of the coronavirus is not just in hospitals but on the
A Country Music legend kenny rogers has died at the i just want. An jarad raid thanks for joining me we begin in easily which is reported its biggest ever one day rise in deaths from corona virus nearly 800 people died from the infection there in the past 24 hours now usually is the worst affected country in the world the corona virus has killed nearly 5000 people there and around the world more than 300000 people have been infected more than one in every 6 cases is initially. This is the chapel at cremona hospital in northern italy. The morgue is full so bodies are being kept here until they can be buried. In the intensive care unit has no bad tonight medical staff are struggling to cope. Its not me. We are here. And they are all me we are all poor form or. If you are worth in. Here or there war because we are. Here for the patients. The battle against the spread of the coronavirus is not just in hospitals but on the streets of autonomy in times and Cities Police have been making sure