Train, though. Michael lewis wrote a bestselling book about trading and said u. S. Markets were rigged and now everyone cares. And congress is paying attention. A senate panel is holding a hearing this morning into highfrequency trading, asking whether the business is riddled with conflict of interest and if it is responsible for the loss of investor confidence. Megan hughes is covering the hearing on capitol hill. It is a whos who in the industry at this point, right . That is right. I will tell you the star witness is in his first panel, brad cap zeyuma. A brad kat blew the uncovered and whistle on a lot of these highfrequency trading frat practices. His testimony, there seems to be agreement that on some level the market is rigged. New technology should not erase enduring values. Financial markets cannot survive on technology alone. They require a much older concept, trust. And trust is eroding. The next panel, we will have quite a juxtaposition. That is what we will hear from some
Lets tell everyone at the same time. Lets Tell Congress if its okay to tell the white house, whew isnt it okay to tell the peoples house . The white house is not going to do what the ways and Means Committee did with the information with gave them piecemeal, theyre not going to make a big issue until the facts are out. Maybe because the white house is the same party . Right . Could that have anything to do with it. I have no idea but i stress again the facts are the facts. The facts treasury knew, white house knew in april, we didnt know until late june. No one at the irs talked to the white house. How did they find out . Pardon. How did they find out . Im told by the people who read the white house letter, the white house found out from treasury. Nobody from the irs talked to the white house. Someone from the irs talked to treasury, then. Thats what i understand. As i said before, wed like to know who that person is. I hope youll find out. Can you make a commitment you will find out w
Affiliated that is simply false. In that way get away from that question in the further we are. But carters campaign is the reversal in the fact that we spoke about it so freely with his appeal. Ive loved your closing sentence. Maybe he was the last one to no. Whats was his feedback . Steve is more likely to review the and i am. We just sent it to him last week. Iodine to space make city is not the last one. [laughter] but to be clearer that carter is animated or of assessed at dont think that is the bad thing. The world is of better place i dont question that for a moment. But even approaching 90 years old has no indication to lets up. But i think of the most recent book he has not been an advocate for choice. Carters relationship with the Southern Baptist convention by rights is a dysfunctional marriage in the then occasional attempts at reconciliation. It began to go south and he saw that as the real wakeup call. One of the Southern Baptist leaders comes shortly thereafter and his c
They were always very welcoming to me. And i have to tell you that publishers and authors do all kinds of sorts of things to be able to speak at this marvelous place. And it was lovely and as david said, brad and melissa had carried on the wondrous tradition that began with the energy and ingenuity. And they are keeping going and tonight is a testimony to the job that they do and the reverend that they did for books that we all share. Richard nixon is a hard man to let go of. [laughter] i first remember him as a child in a blackandwhite fuzzy television, seeing this odd man. He was on the ticket with general eisenhower. There was some problem of taking money from this secret funds. He was blaming his daughters dog. And i thought, isnt he interesting. Well, he never stopped being interesting. Richard nixon was never boring. And if david mentioned, he was probably as interesting in his after presidency as he was during his presidency. I chronicled in the book, beginning when spiro agnew
And i pray that there will be nothing like it and i think we just have to be sure to hold the president accountable and then get after the congress if theyre not doing their job. Especially on one particular issue that i dont have to even mention. Because theyre so obsessed with looking for that they sometimes end up finding it. So it should balance out in the end. The constitution works and it varies, but it works. I cant think of a better system and im also very concerned with ideas for tinkering with the constitution and that is a whole other subject. And we dont want to play tough politics with the First Amendment or any of it. Hello, my name is richard. You think that theres any truth to the thought when nixon had phlebitis that he was sort of not taking his own life, but not necessarily writing to live . Know, nixon was not a quitter. And then he finished when he quit. And i am not a quitter. And he never quit. He was just down and out as a person could be when he landed in san c