Cyber espionage. The hack of opm is the latest example. Do the chinese steal our Naval Technology and apply it to their navy, and as a corollary to that, are you aware of any evidence concerning china stealing u. S. Civil Nuclear Technology and diverting it to its nuclear navy . Sir, im not personally aware of any instances of another nation stealing our Nuclear Technology and applying to their navy, including china. That may be happening, im not briefed on any intelligence that would implicate that. I think its wellunderstood that there is Cyber Espionage that occurs. We have concerns from time to time about our cleared defense contractors for example in their Cyber Security. I think Frank Kendall and at l is working hard to tighten that up as best we k. I was reflecting on this earlier we talk about Nuclear Matters. As a sort of graduate of the Navy Nuclear Propulsion program. One of the things that has intrigue said me intrigued me over the years, the element of Human Performance th
Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a little harder to buy bounds. No question about it, and sell them as well. But what will happen afterwards, the banks will sell their operations to hedge funds to other companies, to the employees themselves and theyll get reorganized to find the capital and make money, because there are opportunities to make money when people demand liquidity, by the way, theres no such thing anywhere of free liqui
In a hurry were going to drop down temperatures more over the weekend. All of a sudden, were talking about winter like temps. Tonight, 32 to 38 in most suburbs. Morning and were looking at temperatures well back into the 20s and this is going to bring a widespread freeze into the area which essentially means the end of the growing season. That freeze watch is up, not up north and west because the greg over. Then as we head toward monday, it gets cold tracking snow showers thank you were following two developing stories. A 20 year old hacker arrested accused of stealing military members and then giving it to isis. He was detained in malaysia. Officials say he stole names, addresses, and photographs of more than 1300 service members. Isis posted that Information Online in a quote, kill list, urging lone wolf attacks against americans the fbi announcing the dow jones was hacked for trading tips. Dow jones officials are denying those claims but are looking into it a new clue tonight in an