Good morning good afternoon good evening. The Second Annual Schaumburg Center leader is one Literary Festival. s programs here at the Schaumburg Center coming to you live from new york city in my little one in my living room thank you for tuning in for conversation with authors from across the world life magazine profile of James Baldwin talked about where he grew up which is where he became the Schaumburg Center and said the pain and heartbreak those that connected me to all the people who are alive to introduce us to those with the joy and the sorrow and to spark the imagination and then to confront the present a plan for the future thank you to all the moderators 11 00 a. M. To 5 30 p. M. Eastern and alexandria and those thinkers who exhibit what i described previously earlier the Schaumburg Center for adults and young people i hope you will add to the list we have createds by visiting the website at Schaumburg Center one of the leading cultural institutions to research preservation
Important conversation to be had this afternoon, and i am thrilled to have the privilege to spend some time with our following guests. I want to be very clear, my goal was to discuss some concrete steps that this audience that is with us, the tens of thousands who are with us, and corporate america, what we can take to create some lasting change and benefit for minorities in this country and close the inequality gap in the boardroom and in peoples paychecks. Ursula burns is here. I should tell you she was the first and only female ceo of a fortune a black female ceo of a fortune 500 company when she ran xerox. Board,she is on ubers and ive had the honor and pleasure to have known her for quite some time. Weve had some very important discussions. Also with us, robert smith, founder and chairman of vista equity partners. He is the wealthiest black american in the country, and i should tell you you have him and theched student debt crisis at morehouse. He has the 2 solution, and we are go
Exhibitions at the Schomburg Center for research in black culture coming to you live from new york city in my little living room. Thank you for tuning in to this full day of conversation. 1963, magazine profile of james talks about reading his way to the library in harlem where he grew up which is what became the Schomburg Center. He said you think your pain and heartbreak are unprecedented in the history of the world but then you read, it was books that taught me the things that tormented me most were the very things that brought me to the people who are alive, have ever been alive. Who says you cant read or write deliberation . You can see a Literary Festival expands notions of black mans introducing to scholars, Childrens Book authors, memoirs, those who write our joy and sorrow, rage and triumph. Those who have new ideas and spark our nation, help us make sense of the path past the plan for the future. Take you to all of our authors and moderators on our virtual stage today, i will
David a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way. Blockbuster could have wiped us out many times. When viacom spun off blockbuster in 2004, they saddled them with 1 billion of debt as their goodbye kiss. The covenant on that debt severely limited blockbuster when they attacked
That day . [laughter] david a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me, but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up about 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way, too. Blockbuster could have wiped us out many times. When viacom spun off blockbuster in 2004, they saddled them with 1 billion of debt as their goodbye kiss. The covenant on that debt severely limi