Im talking about falling prices. Ofs underlying story disinflation tells you the challenge the ecb has got, the dilemma they face. You have the likes of france, could be falling into recession. We are not just talking about this rift anymore. The ecb needs to do more. You look at all of these kind of numbers, they are not painting a positive picture. If the ecbs mandate is inflation, than it needs to take further policy action. Lets talk about a forecast. Next year, inflation running at 4. 1 . That is well below their 2. 1 inflation target. 2015 forecast, that is important. Everyone response to that is, what is an extended period of time . You have to look at the forecast to gauge. They tell us there is no north south divide. You only have to listen to the do voices coming out of the ecb right now. They all have a different view. The likes of the german central , they seem to be a theirre hawkish because respective countries are doing a lot better than the likes of the greeses and cypr
That means they are raising it. 8 billion, making the biggest ipo in american history. The apple ceo takes shots at Companies Like facebook and twitter. He says that apple does not scan your emails and believes in telling customers upfront what will happen to their personal information. First, the lead story of the day. Billionaire Larry Ellison is stepping down as ceo of Software Giant oracle and will become a chairman and chief technology officer. He is the worlds seventh richest person, and has been the only ceo in oracle history. The company in 1977, growing into a world leader in Database Software with a market cap of more than 185 billion. Twong over for him are trusted deputies who will become coceos. They stress continuity. They deserve recognition, they deserve the ceo title, and i am happy that our Management Team continues forward as a team. Oracle shares are trading down at afterhours. Corey and is bill, san francisco, and the cofounder of a sun microsystems, which was sold
Kissinger and Greyhound Bus in the same sentence. They wandered onto the wrong bus and ended up in a promise keepers rally in arlington, virginia. [laughter] but the marriage is obviously going very well indeed. Spina bifida roast, in 1997. What did you see in that clip you my comments on . Nothing. It is Andrea Mitchell who was a terrific journalist. You cannot emphasize that enough. It looked just seeing that right now it looked like a jokesly washington event. Are told. Looks like a lot of comedy. Anything wrong with that . Really. Ot i think the reference he was making was to Andrea Mitchell and Alan Greenspans wedding that had been held around then. They are a power couple. Andrea mitchell is a great journalist. Alan greenspan is one of our most powerful economic minds in the last decade. It is an interesting dynamic when you have this crossover between friendship and social life. The president of the Motion Picture association told you he would never lobby. He did. I think what c