Stocks of companies with obviously great fundamentals but a Battle Ground with fire. And madness. Count me out too much effort. Sometimes though you have to take a stand and in a market like this one where the bullish animal spirits can bowl anybody over. Including today the dow inched up 30 points s p advanced and then some battlegrounds, even for me, too tempting to ignore thats why i have been taking a stand with tesla i might have gone back and forth, two of the biggest hornets nests of our time what separates the tesla a battleground stock that i feel compelled to champion from the netflix which i lost conviction in championing it for years at lower levels okay, all my career i have been fascinated by companies with vociferous bulls and ferocious bears if only because theyre so entertainling. Three things distinguished the stocks from regular run of the mill equities. First, theyre cult like the house of pleasure. People buy them because they love the product and the product trans
Off. It was a busy earnings day dominated by corporate news. And we begin with something no one saw coming. Biotech firm biogen surprised investors when it said the experimental alzheimers treatment was ready for the Regulatory Approval press. As you may recall, seven months ago the company discontinued the study of the drug which some expected to be the next blockbuster. Analysts say the profit potential is huge because there are no current therapies to reverse affects of the disease. A disease affecting millions and projected to affect millions more in the years to come. The news sent smars of biogen 26 , the best oneday gain since 1996. But as meg tyrell reports while there is hope there is a long road ahead. It was a diagnosis you dont expect in the early0s. Jeff was only 51 when he was told he has early on set alzhmerss disease with no drugs approved to slow alzheimerss progression he enrolled in a Clinical Trial of an experimental drug made by biogen designed to attack the am man
[inaudible conversations] the hearing will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Federal
Our second panel is chris brummer, Research Professor director, institute of economic law, and University Law center. Our second witnesses katerina pastore, and columbia law school. Gendler who is professor of the practice of Global Economics and manager. Mit sloan school of management Senior Advisor to the director, Mit Media Lab and codirector of. The next witness will be robert wiseman, president , public citizen, and the final witness will be chief Strategy Officers. Welcome to all of you. Without objection, your written statements will be made part of the record. Each of you will have five minutes to summarize your testimony and with one minute remaining a yellow light will appear. At that time i will ask that you wrap up your testimony so that we can be respectful of both witnesses and Committee Members times. You are recognized for five minutes to present your testimony. Thank you so much. Members of the committee, thank you for inviting me to testify. Im here in my academic cap
Discussion on slave refugee camps during the war. Watch American History tv tonight at 8 00 p. M. Eastern on cspan 3. This past june, facebook announced plans for its own crypto currency called libra. The cocreator of Libra David Marcus answered lawmakers concerned over the Digital Currency before the Senate Banking committee. This is about 2 1 2 hours. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks res