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Up the c suite with ceo dan has he been replaced. Hessy being replaced. And Goldman Sachs and j. P. Morgan, according to regulate us, have not shown that they can collapse without causing Severe Damage to the economy. They are still too big to fail. And as i just mentioned, a morning of failed deals, both in telecom and media. Is someone who has had one of the most successful 10 years of any media company. Bob wright is the former chairman and cto of nbc universal. He is also the cofounder of his company. Make you for being with us. Is anything happening here . The last time you are on, there was lots of media news. You always find the perfect day to come on our show. Off, what do you make of Rupert Murdochs nondeal . Speaks forhat itself. He got out there with a very attractive offer, and offer i hope nobody would talk, ....
Rise. Less concerned about as may have acquisition. Overpaying. A lot of the shareholders who own fox are shareholders in time warner. So while you want to high bid for time warner, you dont want fox to overpay if you own both of these stocks. People were expecting strong numbers out of time warner to so it could profits case. How is this for a good morning for you . Stocks down just before those earnings come out. And at the same time, rupert has a history of overpaying, right . When you look at the write down that he took on the wall street journal, but ultimately financially he paid a lot of money for it. So shareholders are going to go along with that. Theres a comment in the newspaper this morning which is the new and improved Rupert Murdoch that hes learned his lessons from prior battles. I doubt it. He had less power. He would love to do that. The shareholders couldnt call a meeting earlier, that this was going be something ....
And by the way, he wants to run for parliament, too. In motors, reserving a dinosaur from the golden age. What start off with everyone is talking about. Yesterday was not a good day to keep a deal on the table. Sprint once again set to end has0th century fox withdrawn a proposal to buy time warner. Sometimes you need to know when to walk away. It was Rupert Murdoch who forred to buy time warner 75 billion back in july. If you remember the time warner chief shut it down. After consulting with our financial and legal advisors, we determined it is not in the best interests of time warner or our shareholders to accept a proposal or pursue any discussions with fox. Offer was rejected back in july. Time warner was not even willing to engage on the proposal. Said thereay, fox was not going to be a deal if it did not benefit the investors. But his Rupert Murdoch really walking away f ....
Climate change. All Major Economies to be ambitious. All countries developing and across theo work divide for a strong Global Climate agreement next year. Next up for the president , he praised memoirs reforms. Theublicans race was too close to call last week. A runoff in louisiana next month in that last seat. The big settlement in that investigation, regulators in the u. S. And the u. K. And switzerland have ordered five bank to pay more than 3 billion. The banks include ubs, citigroup, royal bank of scotland, and hbc. Ubs will pay the biggest penalties of all, a total of 800 million, and more fines may be underway. The u. S. Office of the comptroller may announce today. Dow chemical may be moving raising itsdow is orderly dividend to . 42, a 5 this. Also reducing its buyback two 5 billion to nine and a half billion dollars. It was said earlier this year do dow should spin ....
Avide so that we can have strong Global Climate agreement next year. The president is on his way to myanmar. A fascinating turn of events involving iran. Russia agreed to sell iran as many as eight new reactors. Russia has been pressing iran to limit its program. Allegations that it nuclear bombs. To monthlong ceasefire in ukraine is falling apart. Prorussian rebels are regrouping and mobilizing forces in the eastern part of the country. The government said rebels shelled troops 30 times yesterday. Russia has been accused of arming the rebels. Vladimir putin says he is no idea what they are talking about. The u. S. , u. K. , and switzerland ordered banks to pay back more than 3. 3 billion. Ubs will pay the biggest penalties. That may just be the start. The Justice Department and the u. K. Are both conducting criminal investigations. Issues,to domestic remember black frida ....