Welcome to the program, lessons and instructions about the Global Economy beginning with jay fishman, chairman ceo of travelers. September of 08, so a long time ago Lehman Brothers went bankrupt and there was lots of discussion in Corporate America about uncertainty. And that was what was keeping Corporate Leaders from investing. And i am one. I have 30,000 employees and we manage business that looks to the future. Thats what we worry about in the insurance business, what is the future going to bement and i couldnt put my finger on what that uncertainty is. And that lead us into a deep dive not numbers. Thats who we are. We are a numbers company, very data oriented. And we did a deep dive. And the numbers are stunning. Rose we conclude with adam posen, president of the Peterson Institute. For those there are sort of two things, the real versus the monetary, the you have to suffer for your sins versus you have to stop the panic. Those are in the sense would be the two schools. Rose your
Versus the monetary, the you have to suffer for your sins versus you have to stop the panic. Those are in the sense would be the two schools. Rose youre in favor of stopping the panic. Absolutely. Rose and not suffering for your sins to you. It to the a morality play f you want to do a morality play we can do lots of things like putting bankers in jails and thing like that but not at the macro level no one is being recorded rdz but most people understand we need entitlement reform and it ought to be on the table. Absolutely. Rose mish phenomenon fishman and pos enwhen we continue. Funding for charlie rose was provided by the following additional funding provided by these funders . From our studios in new york city, this is charlie rose. Rose jay fishman is here, he is is the chairman ceo of travelers. It is one of the nations leading providers in Property Casualty insurance. Travelers has also been a leader in Corporate America to help educate the public at americas debt crisis. The Co
Versus the monetary, the you have to suffer for your sins versus you have to stop the panic. Those are in the sense would be the two schools. Rose youre in favor of stopping the panic. Absolutely. Rose and not suffering for your sins to you. It to the a morality play f you want to do a morality play we can do lots of things like putting bankers in jails and thing like that but not at the macro level no one is being recorded rdz but most people understand we need entitlement reform and it ought to be on the table. Absolutely. Rose mish phenomenon fishman and pos enwhen we continue. Funding for charlie rose was provided by the following additional funding provided by these funders . From our studios in new york city, this is charlie rose. Rose jay fishman is here, he is is the chairman ceo of travelers. It is one of the nations leading providers in Property Casualty insurance. Travelers has also been a leader in Corporate America to help educate the public at americas debt crisis. The Co
Versus the monetary, the you have to suffer for your sins versus you have to stop the panic. Those are in the sense would be the two schools. Rose youre in favor of stopping the panic. Absolutely. Rose and not suffering for your sins to you. It to the a morality play f you want to do a morality play we can do lots of things like putting bankers in jails and thing like that but not at the macro level no one is being recorded rdz but most people understand we need entitlement reform and it ought to be on the table. Absolutely. Rose mish phenomenon fishman and pos enwhen we continue. Funding for charlie rose was provided by the following additional funding provided by these funders . From our studios in new york city, this is charlie rose. Rose jay fishman is here, he is is the chairman ceo of travelers. It is one of the nations leading providers in Property Casualty insurance. Travelers has also been a leader in Corporate America to help educate the public at americas debt crisis. The Co
Versus the monetary, the you have to suffer for your sins versus you have to stop the panic. Those are in the sense would be the two schools. Rose youre in favor of stopping the panic. Absolutely. Rose and not suffering for your sins to you. It to the a morality play f you want to do a morality play we can do lots of things like putting bankers in jails and thing like that but not at the macro level no one is being recorded rdz but most people understand we need entitlement reform and it ought to be on the table. Absolutely. Rose mish phenomenon fishman and pos enwhen we continue. Funding for charlie rose was provided by the following additional funding provided by these funders . From our studios in new york city, this is charlie rose. Rose jay fishman is here, he is is the chairman ceo of travelers. It is one of the nations leading providers in Property Casualty insurance. Travelers has also been a leader in Corporate America to help educate the public at americas debt crisis. The Co