And moderated by cogswell omak. My name is donna rapaccioli. As you may realize, 2020 marks 100 years of purpose driven his education at fordham. Since our inception we believe in the power of partnerships to inform and to lead change. I very much would like to thank the Gabelli Center for Global Security and analysis and our wonderful partners, the museum of American Finance and the society of new york for sponsoring todays conversation. The centennial series was designed to shine light on emerging and important trends. One of the things we had realize is that reflecting on our history provides new insights into the current challenges that have disrupted and change industries and Business Models. Todays session focuses on the challenges that leaders at that j. P. Morgan chase and company faced, and survived, as is seen in jpmorgans fall and revival how the wave of consolidation changed americas premier bank. Im very proud to say that j. P. Morgan is a largest employer of Gabelli Schoo
Words of wisdom from the mouth of music legend bob dylan. But is it literature . Our culture editor will help us you dilate a sensational nobel prize decision. Christopher good to have you with us. Thailand is in mourning after the death of its revered monarch. Speaking had been ill for quite some time with weekly visits to hospital over the past decades. Thousands get it outside of the hospital where he died, many of them in tears. A reign that span to seven decades, he became a father figure for many, symbolizing National Unity and stability. Reporter mourners overcome with grief as they learn the king has passed away. Too many, he was the father of the nation. For the vast majority, he was the only thing that had ever known. Only king they had ever known. Many struggle to express their loss. I feel crushed. We will make him proud when he looks down, and he will feel proud. We have to be strong. Thailand has to be strong and move forward. Reporter he became king in 1946 at just 18. H
Debating fresh measures against moscow. We will find out what leverage the eu has against moscow. And during protests, against Rising University tuition fees. We will go to johannesburg to find out more. Im brent goff. Donald trump keeps stunning the u. S. And the world with democracy on his terms. Today, he said he will accept the outcome of the election if he wins. That came after last nightss debate bombshell, he refused to confirm whether he will accept the results of the election at all. He said that he wanted to keep people in suspense. The Republican Party in damage control tonight, Hillary Clinton describing the comments as horrifying. We begin in las vegas at last nights debate. Threatening the foundation of american democracy is what Donald Trumps critics warn hes doing. I was shocked and i sort of expected it from him. If it doesnt go his way, he says it is rigged. It is very childish. Trump was trump. There is no other word to describe it. He stood by his comments and says
European union to have it loan requested extended by six months. The reaction from berlin was no. The german finance minister said the request lacked a proposal for a solution and accused greece of trying to keep the bailout without meeting the terms. There is only a week left until greece defaults on its debt. It was a previously unthinkable move. In accepting continued supervision by the ecb, imf, and eu the greek government recognized financial obligations to its creditors, but in talks to eurozone finance ministers athens called on its partners to show understanding for the countrys financial difficulties. I believe all the conditions are there for a mutually beneficial solution tomorrow. And i believe this will be the result at tomorrows euro group. If any case, if there is a negation of this huge effort that has been made, each person will have to take responsibility. But in a frank statements, for german finance statement the german finance minister did not hide his disappointme
The industry setting up to get really pummeled if they dont doing do something about sequestering. Back down to the floor of the new york stock exchange, happy new year, first time seeing you, nicole. Whats the word on the floor this morning . A lot of optimism. Happy new year to you as well. A lot of optimism, positive stocks here, up arrows, vix, fear insex, and five year low, youre seeing deals moving higher today, 1. 83 for the tenyear, gains across the board, all of this, obviously, a couple thicks happening here. Number one, you have lawmakers in washington averting the fiscal cliff, coming to a decision, avoiding disaster, potentially, and with that, theres on optimism here on wall street, s p 500 up 1. 7 , and dow up 226 right now, winners, people stepping in, had been on the sidelines, cashed out in december and throughout last year, concerned about taxes. They took profits and are going to get back in, traders say well see the january effect where people get in here and get b