And by the corration for public broadcasting. Major support is provided by thn john d. And catht. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information at macfound. Org. F the fondation working with visionaries on the frontlines of social change worldwide. At fordfoundation. Org. Additional support is provided by the abrams foundation,co itted to excellence in journalism. The park foundation,gh dedicated to hning Public Awareness of critical issues. The john and helenlessner family trust. Supporting trustworthy journalism that informs and inspires. And by the frontle urnalism fund, withajor support from jon an jo ann hagler. And Additional Support from the millicent and eugene bell foundation. water burbling Laura Sullivan in 2015, a marine biologist came across a sea turtle in distress. I dont want to pull it too hard. Yeah, i mean, its bleeding already. Oh, poor baby. Im sorry. bleep bleep christ. That is plastico. Oh, man. Thats plasti
Making of modern america which is a chronicle of the first gilded age, the one that happened just before the one that we are in today. Enough about me. I would like to introduce our gilded and gifted panelists. To my immediate left is are the coauthors of the big with the big myth which delves deeper into the way the free market credo has worked its way into our markets and policy as a sort of religious credo and the damage that has done to our way of life and politics and society. Shes the professor of the history of science at harvard and also taught at uc san diego and has written for the Los Angeles Times among many other newspapers. We valued her at the Los Angeles Times as a very important source on issues of Climate Policy and others. Eric is also a historian of science and has been published widely and serves as the historian of at the jet Propulsion Laboratory in pasadena. Next to them, bill cohen. His book is power failure, the rise and fall of an American Icon and as he puts
You also have to stand up. Just because some of the comes in and says you should change the business model, it does not mean you have to go do it. That is what leadership is all about. Him and confidence in his stockholders have confidence in him, they will let him go and ride with him through the tough time because yeah shown in the past that he can do it. He is not going to make all the right decisions, but longterm, he can keep going. The Life Expectancy of ceos in america is 45 years, depending on how you measure it. Social media puts an instant referendum on improving. Everything. Things are different here. Still, Great Companies like Goldman Sachs and other big banks here have gone through good times, bad times. They have regulators that are rational, irrational. Markets that they could control, markets they could influence. Stephanie are you saying that there are some markets that Goldman Sachs can control . Mike no, but they can control how they approach those markets and he ca
As they warn that trade in china is not recovering as quickly as hoped. Shares in vw rally to the top of the dax today after the car makers new ceo vows to wrap up a recall of vehicles effected by the emissions scandal next year. Midweek in the markets. So we get to talk about beers, dont we . Its a little bit early but theres a big takeover battle brewing right now. Sab miller and ab imbev. This is the third attempt to try to buy up sab miller. They have a 34 premium to sabs last close when they first made this announcement to the markets. We have gains today up 3 so far. And actually ab inbev seeing good gains as well. Its hoping to get lucky with with an improved public offer for rival sab. They have offered 42 pounds a share for the british beer and that represens 44 premium to sabs Closing Price on september 17th. They rejected the two offers by the way at 40 pounds and 38 pounds a piece but the major shareholder is urging the board to try to accept todays offer and it is going to
Reject a multibillion dollar bid from the u. S. Giant. And russia braces for further sanctions from the u. S. And europe as prorussia separatists release one military observer but keep seven others hostage in Eastern Ukraine. Youre watching Worldwide Exchange, bringing you Business News from around the globe. French president Francois Hollande is currently meeting with alstoms gm to hear an alternative proposal. Lets go out to frankfurt for more on this. Annetta, what has this approach from siemens meant for the future . This is a good sign that they are quite old when it comes to act weations. So some people would have or already said it might be the case that hes more reluctant and that would be very bad for siemens, so hes not trying to miss out on an outstanding opportunity. Siemens is calling that a good sign for the future. So what is on the table, siemens according to the letter that was sent to the ceo yesterday and circulated and leaked to various media is bidding up to 15. 3