By the time i took this job in 2015, having come out of the private sector. All the loan funding had been obligated and my principle focus was to ensure we had the best possible oversight practices, one of the first things i did was hire an independent Consulting Firm to do a Risk Assessment of all the companies fresh. Our approach was driven by three unique challenges. First, the challenges coops have had should not be viewed as a co op problem. But as a Small Business startup problem in a very difficult industry. I hazard to say that all the Small Companies experience similar challenges. Co op and nonco op. While we were making loans with companies to 30 to 50 employees, they are competing with companies with multiple thousands of people and worth tens of billions of dollar s in capital. Trial and error is a part of creating success. In this situation, with the limited capital available, and competing against giants. The coops had very little room for error. Second, as mr. Cumaha the
Generating 46 million in proceeds. Beyond our brick and mortar infrastructure is our Information Technology infrastructure in which the government and the Global Economy depends. Reliable i. T. Is vital to all of the services the government provides. However, many agencies are not able to effectively have i. T. Infrastructure, emission writ call systems due to large upfront Capital Investment needs and increasing share of costs that maintaining these older systems occupy in technology budgets. To address these issues, the budget includes requests to establish a 3. 1 billion Information Technology fund, which would be used to retire and modernize legacy and Information Technology systems to improve Cyber Security and the delivery of services as well as reduce costs. In closing, gsa has made significant progress in fulfilling our mission to delivery the best value and Real Estate Acquisition and Technology Services to government and the American People. The president s fy2017 request wil
Celebrity activists talk about their causes. Former governor jeb bush on the bill of rights and the founding fathers. On cspan 2 at 10 00 a. M. Eastern, venturing into the argument of good writing with steve pin ker. At 7 00 p. M. , pamela paul and others talk about their reading habits. The fall of the berlin wall with cspan footage of president george w. Bush and bob dole, with speeches from president S John Kennedy and ronald reagan. At noon, fashion experts on first ladies fashion choices and how they represented the styles of the times in which they live. Of the times in which thn 10 00 news anchor tom brokaw on his more than 50 years of reporting on world events. Thats on Christmas Day on the cspan networks. For a complete schedule go to cspan. Org. American history tv visited the macarthur memorial in norfolk, virginia, hosting a symposium marking the world war i centennial. Author katrine clay talks about royal cousins george v of ing gland, kaiser will hem. Of germany and nich
Our first speaker today is catrine clay who had two years. From the 1980s to 2003 she was a writer, director and producer for the british broadcasting corporation, the bbc, where she directed numerous documentary skbroekts and worked as a produc producer. In her second career ms. Clay left the bbc to become a full time writer. Accomplished researcher and outstanding story teller. King kaiser czar is more closely tied to the topic today and recounts the lives of the three royal cousins, georgeie, willie and nicky who became king george v of great britain, Kaiser Wilhelm ii of germany and czar nicholas ii of russia. All relatives of queen victoria, three royal cousins. In a compelling exploration of oh family drama clay reveals how Family Dynamics had real historical significance, especially for world war i which toppled Kaiser Wilhelm the second, el killed czar nicholas ii and left only george v in place on his throne. Her book recounts the majesty and dysfunction of three royal boys tu
Elimination of a single word. Patience. Will the fed lose its patience . Will it stay in the statement . Will it be gone for good . What will it mean . Will it mean another taper tantrum in the markets. Also high on the agenda this morning, everything else. Look at the tenyear note theres the yield at 2. 05. Gold down just a little bit. West texas up just a little bit. And the euro lower. It just takes 1. 06 now to buy a euro. Mandys out. And as i mentioned, sarah joins us from the nyse. As you mentioned, all ten s p sectors are actually red today. Materials, consumer staples, and energy getting hit among the hardest. Bob pisani down here ahead of the fed release tomorrow. Lets talk about those Energy Stocks that made a turnaround. Its very hard to put together two up days. I want to show you the s p 500, where were coming off of the bottoms, but not by too much. Were still in the red. And as sarah mentioned, its energy that you want to watch. Now, this happened yesterday and its happe