2020 the Investment Committee is ready to go. Halftime report starts right now. Welcome good to have you with us our Investment Committee with us today. Jim, the brothers, megan and cnbcs jim cramer. He, the host of mad money. Stocks up for the first time in four days. Trade headlines again the stories, still the worst week for the dow in four months investors getting whip saw ed b the deal no deal drama jim, just call me when a deal and im done okay i cant deal with this day in, day out. Theres a deal, theres no deal. May not wait, may not have one before the election. Were close, were not close i was a judge on the apprentice for many years. There are always two sides i have to tell you, many time, sworn about what happened in the actual room, but we wanted these guys to be pitted against each other. The ratings wouldnt go down if it was just resolve like this. We had to kind of have an eliminati elimination. You got kudlow schwartzm schwartzman, navarro perhaps. So what happens is t
Decision easterbrook, of course, took over as ceo in march of 2015 before todays move, the stock was up 96 under his leadership since he took over under that tenure, the company sold off many of its company own stores to franchisees and previeded over the launch of alldaybreak fast and mcdonalds named usa president the new ceo of the company but a lot to talk about there. Joining us to have that conversation right now about leadership change at mcdonalds, jeff simonfeld and cnbc contributor. This was a huge surprise, jeff clearly made a mistake but it was a consensual relationship and we now had a handful of these situations how do you read it well, we do see a trend here that of these roughly 90 ceos who left office last year is 40 of them was for misconduct we havent seen numbers that high 40 for misconduct and most of that misconduct was had to do with improper relationships at work but you make an important distinction, this was consens l consensual we say Harry Stonecipher at boei
Elected president in my opinion, the market drops 25 . We are americans. We believe in making these investments to create lots of opportunity. We are happy to do it. All were saying is if you make it big, i mean really big, i mean one tenth of 1 big, pitch in two cents so everybody else gets a chance to make it now lets welcome in Lee Cooperman, joining us today from florida, should let you know we invited senator warren to take part in this conversation with us today and we have not heard back from her campaign Lee Cooperman, as you can see is here its good to see you thanks. Youve created all the problems for me the whole thing started at delivering alpha im not a political analyst, im a financial analyst. It was your words, not mine, lee. Yeah. The only i would like to modify my words a little bit first of all, i want to say the significance of an event for the stock market is a function of what the stock market is discounting at the time the event occurs the market at 3,050 whereve
Guest indy. I have about those issues with me. I think we last visited when i was visioning finishing the reauthorization of the fcc, which is not been done since 1990. Of course, the mobile now bill, the precision agricultural bill and some of those components that are foundational items and in our internet ecosystem getting those provisions finished was important and then bringing that knowledge and expertise to the senate where we are dealing with privacy and Data Security issues not only in commerce but also Judiciary Committee. One thing i have found interesting about being in the senate is how you take one issue and work closely or across the platform on it. Im also on the Armed Services committee and the Veterans Committee and at veterans we are working to get everybody records in the cloud. We are doing the same thing at Armed Services so we can have someone enlist for the rest of their life and their records are all cloud based and then as they need medical care or if they wan
Technology. Were you able to bring that to the senate . Such as data privacy and things like that. Guest indeed. I have about those issues with me. You know, peter, we last visited when i was finishing work on the [inaudible] act which was the reauthorization of the fcc which is not been done since 1990 and then of course the mobile bill and the precision agriculture bill and some of those components that really are foundational items and in our internet ecosystem so getting those provisions finished was important and then bringing that knowledge and expertise to the senate where we are dealing with the privacy and Data Security of data issues not only commerce but Judiciary Committee. One thing i have found so interesting about being in the senate is how you take one issue and work across platform on it. Im also on Armed Services committee and the Veterans Committee and at veterans we are working to get everybodys records in the cloud. We are doing the same thing at Armed Services so