Along the way. They documented all this. One by one, the revenue around mitchell disappeared. They fired him. There was a huge headlines and newspapers and big shock along the way. This really showed that there was some substance to charges about irregularities on wall street. Stock exchange was like a private club whether than public entity. The democrats had just won the election 1932 and were coming into power in march. The incoming chairman of the committee Duncan Fletcher said we want you to stay and continue this investigation. He wrote a memoir and gave a long oral history about his experiences. He talked about the time of Franklin Roosevelts inauguration. Looking at the window and seeing Charles Mitchell walking by himself with his suitcase to union station. There were hotels all around the plaza here. Heres this man that showed up with all this revenue of Bank Officials and Everything Else all by himself leaving in the process. That led to him carrying on an extremely ex tensi
Today. Alix a really exciting couple of hours lined up. The theme is Capital Markets. They will be talking about mifid, regulation, tax reform. To help highlight that, i will be joined by david solomon, coceo of Goldman Sachs. Jonathan i want to know who at goldman wants to move from london to frankfurt. Alix nobody. Jonathan nobody i have spoken to. Alix i am asking him that. That is my last question. Jonathan lets get up to speed on the markets. Futures are firmer as we end the winning streak on the s p 500 in yesterdays session. We pop higher. In the fx market, the euro showing a little strength, up 0. 1 as we march toward Mario Draghis decision. In the treasury market, 2. 40 on the u. S. 10year. David thank you so much. Thats get an update on what is making headlines outside the Business World. Emma chandra is here. Emma the Chinese Party has elevated president xi jinping to the same status as mao zedong. It would give xi more power to enact policies after crucial reshuffle tomorro
Go, go go big or go home go, go welcome to power lunch. As melissa mentioned a major average is bouncing back a bit from yesterdays big selloff as we take a look at the dow right now, we are higher by about 40 poin points s p 500 up by 60. Walmart is up over 2 on the back of their Earnings Report out before the bell. Meanwhile, cisco down sharply. The Company Giving i a weak outlook for the Current Quarter and announcing 1,100 new job cuts. Shares of Athena Health up 20 . Disclosing a big stake in the company and saying its shares are, quote, significantly under belly. Tyler . Thank you very much, courtney. Welcome, everybody. We begin with breaking news. Sue herrera as your news desk, sue . Right now we know one person has died, 12 others are injured after a car slammed into a crowd of people in times square. It was the height of the midday lunch hour. At this point, it is not believed that this deadly crash has any link whatsoever to terrorism. Officials with Homeland Security tellin
Week, but really over the last year to constituents of mine in the state of connecticut. Emergency field hearings did because no hearing were held by the United States senate. No markups and no votes in committee, what we saw here was complete secrecy, a bill produced behind closed doors and being delighted day for thest first time last day. Republican colleagues have gone from total secrecy to total chaos. The reason for the chaos is the fact most dramatically revealed today, six hours ago when the Congressional Budget Office told us not surprisingly that 22 million americans would be thrown to the rules as a result of this and thrown to the wolves of no Health Care Coverage and 49 million americans eventually would be without Health Care Insurance by 2026. Next year alone, 15 million more people will be uninsured under the republican plan trump care to, low income americans would be able would be unable to afford any plan at all and anybody who does would be payinr higher cost for fe
Congress recess. Reflects tight time line mcconnell faces to hold a vote in july and the pressure he under to change the bill to garner enough support to pass it. Talk about that this morning or other Public Policy issue. 2027488001. Democrats, 2027488000. 2027488002. Llen is up first, east lake, ohio, independent. Good morning. Caller good morning. My only comment is that and im certainly by no means actuarial analyst, but if the this medical perplexity situation in the u. S. S so dire and remember, from the information i get from the news was that, this is not omeing from my studies, but average wage in the u. S. Is 26. 19 an hour, half of us are below and half above. Take out your taxes, figure you bringing home 22 an hour if you are lucky, how do you afford medical care . It is that dire, should we onsider a National Medical sales tax of some kind . I think that is silly, im sure they thought about that. Situation is that dire, what is, is there is that a logical alternative . The