Naturally to. But theyre acting more like republicans. You can see the whole spectrum has moved to the right. Ive read your biography of fdr and i would like to say that we are fortunate that a Canadian Scholar will tackle so many of the questions in american history. I look forward to reading the book. I have to confess a in that department it was a very large department, 100 some faculty members. I was the First American on board. And they wanted me there because they wanted to teach american government. So in my entire exposure i taught american government. You see the statement in the policy discussion. It has unleashed a the war in iran into this theme and my question is do you think its fair to argue that we can blame the iraq war largely for the arrival of isis . So long as they remain in power they kept a lid on the secular state. I have been thinking a great deal about is there another Foreign Policy position that one might outrank the decision to go to war in iraq. The only o
And the vast majority of everything we do is right. Firing the highest number of people in 2013 but bragging about your presentation penetration rates in 2014. You knew it was material to shareholders and you knew it was a funny number that you fired people phony number that you five people for falsifying. Fired people for falsifying. We did not know if those were good accounts are not. We looked at 20,000 credit you fired 5300 people. He took 5300 could americans and turned them into felons with a system that you created, benefited from and drop your stock price up by bragging about your levels of new accounts. I disagree with that. Im not surprised. We have institutions that are too big to fail. We found that they were too big not to bail. Eric holder has told us that they are too big to jail saying he fears for bringing equivalent indictment. We now learn they are too big to manage, too big to regulate. It is time to break them up. The time has expired. The chair recognizes the gent
Advantage of customers and consumers when we had the financial crisis. I have individuals right now who are on the street, on the street, not back in their homes. They had these fraudulent mortgages. Nobody said, im sorry that we gave you these fraudulent mortgages. Were going to put you back in your home and were going to make sure that everything is ok. No one has done that for them. You havent volunteered to do that. Will wells fargo put people back in their homes . Mr. Stumpf congressman, if i could respond for a second, please. Theres no question we dont do everything right and we made mistakes. Were upping our game. Mr. Meeks so who should pay for it . Who is accountable for it . Mr. Stumpf we are going to make it right for every one of our customers. Mr. Meeks your institution is make over 22 billion yearly. Who is paying for it . Whos taking responsibility for it . Dont come tell me youre sorry mr. Stumpf were taking care every one of our customers who is impacted. Mr. Hensarli
I helped write that law in 2008. We made sure that we got the qualitative we continue to stand by that. Well, you dont have the qualitative military edge with the same amount of money. Ill leave the discussion of the military issues to our military experts but this is a financial matter is ab important commitment between the United States and israel. Congress appropriates the money. Dont you think we have a role in that. Congress has the right to appropriate the money. I wont challenge that. If i could just say, though, i think anyone comparing israels economy and iran the economy, iran has a broken economy. They have gotten some relief because of taking apart Nuclear Program but israel has a very not a dime of that goes to the iron dome or to combat weapons going to israel. I totally agree with you we should stand with israel. The time of the gentleman has expired. The chair recognizes the gentleman from florida, mr. Posey. Thank you very much, mr. Chairman. Secretary lew, i have an i
There. The stock already the worst performer on the dow over the past year and now one of chinas most powerful businessmen says the company is outdated. Cnbc asked an industrialist about apples future. He is ringing alarm bells. Translator in china, can you see that apple has already begun to lose the rapid sales growth momentum. One of the most Important Reasons is that apples innovation has become extremely slow. Two apple analysts join us now. One is bearish on april well a neutral rating for all of last year but three months ago but a buy rating on the stock. Guys, great to have you with us. You know, one of apples latest innovations is the apple se. But some say that make shift could present problems for apple when it comes to margins and average selling price. There was this interesting stat if, 10 million customers chose to buy an se instead of a 6s, that will put a pressure on margins. How much for apple Going Forward . Yeah. This will have some impact on apple. At the same tim