She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now alphabet. She has enormous influence and has done a great job in making certain their Balance Sheet works well and they really are better organized. I have no doubt she is going to be a power at alphabet, unless the next president says i would like her to be secretary of treasury. She will be a terrific candidate for that position. During this time google has done quite well and alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 and market cap over 200 . Done quite well under your leadership. Im curious, are more people looking at doing searches during this covid19 time than ever before or are people not spending as much time searching . Ruth people are spending a lot of time searching. We have trillions of searches every year. It is the nature of searches that change. Early in the crisis peop
Reportedly uncovering Quality Control concerns at eli lilly plant set to manufacture its covid antibody treatment and apple debuts the new 5g phone line speedier devices, also coming with an even heftier price tag carl, back over to you. All right jim, on the banks this morning, conversation once again about loss provisions. Also about bond trading at goldman. I dont think it is just bond trading. I think goldman did a remarkable job taking some share, which i say remarkable because imagine youre at home, zooming and taking sharefrom others. I do believe that goldmans back to its old ways which is that it is a dry cleaner it doesnt have any risk remember, dry cleaner, what do we do with the dry cleaner give them our clothes and pick them up and they make money. That has been the goldman way until a couple of years where i think it got wayward where it became much more about, hey, lets invest in this, invest in that, no, to me, what theyre investing in, that i really like, theyre invest
[laughter] one of the most powerful women in the Business World is ruth porat. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has the normans influence at the company and has done a terrific job of making sure their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would like her to be secretary of treasury. She would be a terrific candidate for the position. During this period of time google has done quite well , and alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 and market cap over 200 . Then quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 time than ever before or are people
David one of the most powerful women in the Business World is ruth porat. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now alphabet. She has enormous influence and has done a great job in making certain their Balance Sheet works well and they really are better organized. I have no doubt she is going to be a power at alphabet, unless the next president says i would like her to be secretary of treasury. She will be a terrific candidate for that position. During this time google has done quite well and alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 and market cap over 200 . Done quite well under your leadership. Im curious, are more people looking at doing searches during this covid19 time than ever before or are people not spending as much time searching . Ruth people are spending a lot of time searching. We have trillions of searches ever
Women in the Business World is ruth porat. David she started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has enormous influence at that company and has done a terrific job of making certain their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would really like her to be secretary of treasury. She would be a terrific candidate for the position. David so during this period of time, google has done quite well and alphabet has done well. Your stock is a more than 20 this year and i should say, from the time you became cfo, the stock is up over 200 and market cap is up over 200 . They have done quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 period of time