Statement this day after we had a shortterm budget deal. Also earnings trickling out this morning. Mens wearhouse after the bell. Bank. To buy jos. A. Iplon, big news of the day, supposed to be a record ipo or a lodging company. This is not another deal. This is in some way a top of the market deal. Terrific research on this. We will have it all day on Bloomberg Television. I got goosebumps. Almost like 2005 all over again. And is it a problem . Groupl ask a gas from isi and we will talk also to bob nardelli. Why it markets today. Looking at stocks, bonds, currencies, commodities. Boring. The euro, 1. 3764. Crude, 98. 56. Our next board, a little bit of foreign exchange. Under markets, back 16,000. The dollar gives way. The blended basket of our traditional trading partners. Under 80 is a big heal. Finally the dollar weakens and gold is a bit of a rally. The last threed days. The morning papers in the web as well. Heres scarlet fu. It turns out you can cut a bipartisan deal in washingt
Funding. Mr. Kaplan, very quickly if you can add to that. My simple answer is that partnership, Publicprivate Partnership has been very successful and, therefore, in my mind we should invest in debt and make it better as opposed to cutting it back. Thank you so much. Thank you to all of you, and thank you to the chairman. I went over my time, so thank you for allowing me to do so. The chair thanks the gentleman appeared that concludes our first round of question. We will go to one followup per site. And dr. Burgess, wel we will bn with five minutes of followup. Dr. Holtzeakin, i want to follow up on the stuff we were talking about earlier in that first round. It appears in washington today there is a crisis in common. The president has sold the Affordable Care act on just a raft of false premises. You can keep your plan. False. You can keep your doctor. Faults. These are broken promises and these in fact are the opportunity cost that americans are paying for the Affordable Care act. Th
The questioner asks with a do we know about internet with wifi. You have your phone and the 3 g connection, the connection that enables your phone to work is impossibly expensive. It turns out that more than half of the mobile traffic is not on the cellular providers, 3 g or 4g. Its known as wifi, 80211 in the reuters that people use. Its easy to imagine free wifi with common connections where you can use your phone. Voiceover i. P. Allows you to speak over the phone on the Wi Fi Network and that competition will open up those markets, i think. We have just about come to the end of our team. I want to ask you one last question which inevitably came to mind when you were talking about the magical translation devices. Will there be a magical journalism device that will make the communists what is interesting about technology is that we do a pretty good job of catching up to the basics. We dont do a very good job of genius, all right. If you take a look at google news, many of you use goo
Up next, a forum on the occupy movement. This is one hour and a half. [applause] thank you very much, everyone, for coming. Thank you to the department of Political Science. Today, we have for pronounced we have for pamela spirit we will have a bit of discussion between them and then moved to audience discussion. First, deborah is the this is a professor of ethics and society. She is also the senior associate dean for the humanities. She is a member of the Philosophy Department and director for ethics and a society. Her research focuses on the ethical limits of the markets. A place of equality in a just society and a rational choice. She also works on ethics and at the in education. She is coeditor of the forthcoming collection, occupy the future. He is a graduate of mit and an early participant in occupy washington occupy boston. He specializes in web applications and design. A cofounder in danger of some in cambridge. Actually, just in Central Square. If he continues to be engaged in
At that same event hosted by the economist, Lynn Rothschild and how to make society more inclusive. This is about 25 minutes. It is my pleasure to welcome the chief executive of e. L. Rothschild to join me for our discussion about capitalism in the world in 2013. [applause] thank you. Apart from being chief executive of e. L. Rothschild, you are also cochair of the Henry Jackson initiative. That is where we are going to start. First of all, why increasing capital . That implies there is a problem with exclusive capital in the first place. I want to first thank you for including eric schmidt tonight. Their combined ages younger than i am, thank you. Eric makes me feel more comfortable. I appreciate that. Then Henry Jackson initiative on Inclusive Capitalism is a transatlantic, private, Bipartisan Group that got concerned about the feeling that maybe most people that too many people were thinking that capitalism was collusive capitalism. Those of us who were born in the 1950s or 1960s, a