Moving news from all around the world. Delhi, newg to new jersey and washington come our bloomberg voices are on the ground todays top stories. In asia, you had the pboc lowering the rate it charges on shorterterm loans to lenders. Index added 150 billion yuan into the banking system. Joining us is tom mackenzie. Is this the start of an easing cycle, or a shortterm term liquidity crunch into the new year . Tom it seems like more of a shortterm liquidity crunch. We are looking ahead to january, what it looks like you will get a withdrawal of cash out of the Financial System here of about 450 billion. They take that liquidity out ahead of the chinese new year, which comes in towards the end of january. It does seem like it is more of a seasonal effect. More broadly in the economy, credit has been tightening. We saw today from the pboc was some gradual measures to try and address this queasy liquidity, and a couple of basis points and a sevenday reverse repo as well. About 28ly, you got b
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . After you left as secretary of treasury, hank, you did something that was unusual. Many of them go back into the finance world or go into the finance world if they have not been there before. You chose not to do that. Hank i really enjoyed my business career. I had 32 years there. I had an opportunity to serve my country. What i really wanted to do was take my experiences and apply them to addressing two of what i believe are the most pressing issues of our time. U. S. China relations and Climate Change. David many people say you get on a merrygoround and cannot stop making money, but you said when you left treasury, i have enough money and i will go do the nonprofit things. Is that right . Hank i never had what
Mahindra. Welcome. Counsel,our fourth have i got that right . An extendedlike family now. We will be talking about how technology is radically transforming Customer Experiences. A little bit of background. You are a Top Executive at tech mahindra. It is a Technology Services business. 5 million per year in revenue. Thousands of employees worldwide. Half of your business is in the u. S. You are based in boston. You travel extensively up and down the u. S. Insight a really unique to some of the disruption that is on the way for a number of industries in the u. S. Big industries such as health sector,tail, the tech the auto sector. One of the things you were that Customer Experience will change radically in the years to come. Because technology permits that to happen. I want to see if we can jump straight in with. Scotia bank is the Third Largest bank in canada. It is almost 200 years old. You have been working with them on home loans. Home loans is a painful experience for most people. T
Everybody. Were going to kill our vulnerable population if you make these cuts. Its sickening. And i saw those students when we brought those papers. In minutes, theyre like, sign it, sign it. They said city college is our home. We love city college. Thats the place for them. We want to work with the city on this. So please support it. Hello supervisors. I came at the last meeting. Im an Emergency Department nurse at San Francisco general. And i am also a shop steward for cisu1021 for nurses. So i was a little star struck last night and i met a few amazing supervisors at a get together at our party with a little wine in my system. And i just wanted to say that im really excited i got to meet some of new person. And the reason why im actually here to talk is not to ask you to do anything right now, but i do want to bring to light that i am learning how to be an organizer. We have 2000 nurses in just San Francisco general alone well, in dph. And i know that dph takes up more than a third
I dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . If you left the secretary of treasury, hank, you did something that was very unusual for secretary of treasurys, and many of them go out of the finance world or go into the finance world if they had not been there before. You chose not to do that. Hank i really enjoyed my business career. I had 32 years there, having an opportunity to serve my country, and what i wanted to do was take my experiences and apply them to addressing two of what i believe are the most pressing issues of our time. U. S. China relations, and Climate Change. David many people say when you are in the finance world, you get on a merrygoround and you cannot stop making money. But you said, i had enough money and i want to do nonprofit things. Is tha