Me as a Landmark Book on mutual funds by Oxford University press early in the last decade. He followed it up with this book just last year, the unlikely reformer carter glass and financial regulation. The format today, matt is going to talk for however long, we have a few images to supplement his discourse and then you will take some questions, right . So come on up. applause id like to take chuck and the other people for having me here today. I live in cherry chase, maryland and i did not want to drive and look for parking space so i called a lift and they came within a minute. I was barely putting on a tie in learning how to tie a tie again. When i got in the lift as hes pulling away, i realize i did not put a belt on my trousers. I had visions here being on cspan with my trousers falling down. Luckily chuck and one of his colleagues brought me a belt. You are safe from that at least not for my speech. I will talk for 20, 25 minutes and then take some questions. Carter glass was a ma
It is what is known as the belowmaet s Affordable Housing, each tenant pays 30 of their income toward rent. They are extremely difficult to get, they are rare, and every day, they are disappearing. Someone came to the door, new years eve, and handed us an envelope, and it was just a shock. I mean, it was, you just cannot believe you. Reporter the status at fosters landing was established 30 years ago, and expires on december 31 of this year. Of fact that most tenants did not know when they moved in here. Now to be able to qualify for a bmr come you have to prove every single year that you cannot pay for a market rate apartment. So vanessa, and tenants in 74 of the units here, have no choice but to leave. A lot of us are seniors. We have people that are over 80 years old, and they really dont know what they are going to do. This is the tip of the iceberg. Reporter he is the ceo of the california housing partnership. He says these kinds of bad surprises happened to tenants like nasa all
A very indepth look at our top news stories i will be in an hour is to. Enjoy mad max is next with the concert. Guys or this party got gold in money again ready. To do that jay powell do that jay powell old whoa whoa whoa whoa whoa whoa whoa whoa whoa whoa whoa move would get ready this is not virtual this is real they had virtual jackson hole and now its are profoundly consequential zirp for ever essentially were going to have a 0 percent Interest Rates for 0 for 5 years that was on the advice of plucky plucking once again professionally consequential to the World Monetary system so those are forever as we have predicted here for years on kais report remember we said you cant taper a ponzi and it turns out you cannot taper a ponzi theyre admitting that of course a lot of people love it because what happens that the markets boom right and mark i got my money again i got my money again my name is jay jay jay i got my loan a gun i got my money gun all i do is pretty oh good day because i
System so those are forever as we have predicted here for years on report remember we said you cant taper a ponzi and it turns out you cannot taper a ponzi theyre admitting that of course a lot of people love it because what happens that the markets boom right and mark i got my money again i got my money gone my name is jay jay jay i got my money gone i got my money gone all i do is pretty oh good day because i like to see the stock you want because i own the stock myself and id like to retire a billionaire i worked a Hedge Fund Like all the other extra president s do and make more billions because i like my money because a lot of money. More to come on the work in progress. Well i found an analogy for what is happening here is that an analogy or metaphor anyway i found in the Chicago Tribune its called vomit fraud and it could make your trip really expensive so you know you get into your burger at Grand Central and take it down to Freedom Tower and you think way 2527 bucks thats prett
If its covid19 vaccine is effective. Jim, i know that citi news popped for you. Yeah, i candidly mike and donna are friends of mine and friends of my executive producer so i have to reveal that because i say its not about friends its about money this is jarring for those of us older than mike who is 60 but he did work there for 38 years, not retiring until february, but how great. When i spoke to him this morning, how great, jane fraser coming in. The Glass Ceiling in banking maybe a is finally cracking and its a great legacy for mike a period where net income increased from 7. 5 billion to 19. 4 billion, tangible common equity 12. 0 to 12. 5 and returned 80 in capital during mikes reign all those numbers havent necessarily led to great performance a of the stock but they are great numbers mike is a much loved figure as is donna, his wife and i regard them as a team and i know he wants to do many, many things in life and this is a soul searching time, he appointed jane last year, he ma