cause everyone to go on high alert. scarlet: degrees prime minister accuses european banks of blackmailing them. china stock market drops more than 7% and put to close to bear territory. is this a breather or has the bull market run its course? good afternoon from bloomberg world headquarters in new york, this is the bloomberg market day. with scarletpton fu. scarlet: we begin with equities on this final trading day. it is a mixed session with the s&p losing two points. now industrials getting a boost from nike and it's better than expected results last quarter. the nasdaq is the big trailer

here because of a selloff in chipmakers. part, when it comes currency,o, sell the no matter if greece defaults or if it reaches a deal with creditors, because the ecb bond purchase is the big driver here, according to investors. barclays is looking for euro-dollar parity in the third quarter. mark: the u.s. supreme court today making history and capping the biggest civil rights transformation in half a century. justices ruled same-sex couples had a set -- constitutional right to marry. the boat was 5-4, with anthony kennedy writing the opinion. they said states lack any reason to deny couples to marry. president obama had this reaction. >> this ruling is a victory for america. this decision affirms what

millions of americans already believe in their hearts. when all americans are treated as equal, we are all more free. mark: the president also said today's ruling would end the patchwork of laws on marriage across the country and the uncertainty they create for same-sex couples. president obama is in charleston, s.c. to eulogize the minister killed in last week's church max kerr. clementa pinckney was also a state senator and an obama supporter. calling gathered at the state capital where the body was lying in state. the president is expected to speak shortly after 3:00 eastern time and will bring you his remarks when he begins. john boehner and hillary clinton will also be in attendance. mark: the greek government rejecting an offer to extend the country's bailout program by five months. these would also have received another $17 billion in aid. offer was made by the agent national monetary fund, european

central bank, and european commission. german chancellor angela merkel said she spoke to alexis tsipras earlier and urged him to accept what she called a generous offer. the band that tuesday, the same day greece must make a loan payment to the imf. more than 80 people are dead after terror attacks in four countries. european officials are investigating but they say there was no evidence the attacks were coordinated. in tunisia, gunmen opened fire at a beach resort popular with tourists. 37 were killed. the government said most of the victims were tourists. one suspect was arrested. in southeastern france, american attack did an gas company. one suspect has been arrested there. i would also like to say all over the national territory

under miami responsibility is, a powerful deployment to protect religious sites and sensitive establishments has been activated to ensure the protection of the french who have been especially hit by terrorist attacks. scarlet: in somalia, a terrorist aoup says that it attacked group. in saudi scarlet islamic state called for attacks to happen during this month of ramadan. u.s. officials say there is no evidence the attacks were coordinated. mark: americans are growing more confident in the economy. the university of michigan index exceeded all estimates in a bloomberg survey. a stronger job market and your record stock prices are making households more upbeat. serious xm has agreed to pay $10 million over a lawsuit over royalties on

recordings made before 1972. this case was closely watched by the music industry. all began two years ago when members of the 1960's group the courts sued serious xm in saying their music was being broadcast without authorization. mark: if you are heading to disney world less week, -- next week, leave yourself a stick at home. they are banning them starting tuesday. they will also be forbidden at disneyland resorts in california on june 30 and the disney parks in paris and hong kong july 1. disney says it will be checking bags. hour, up in the next half just to is the best ceo on wall street? who mightket crowns be a surprise for some. who made it to the top. attention has of been focused on gender diversity in silicon valley.

who is the future queen of wall street? we will introduce you to some of the women who could be the first thing a ceos in finance. expanding the highly profitable series of harry potter in an unexpected way. although stories and more coming up. back to our top story, the u.s. supreme court decision to legalize gay marriage nationwide is a significant victory for many residents of the 14 states were same-sex marriage was banned. scarlet: douglas hallward-driemeier is a partner and ropes & gray and was one of the attorneys who argued the case. he joins us from our washington newsroom. congratulations on winning the case. what are you going to do now? disneyland without a selfie stick is one possibility, but seriously, what is next? douglas: thank you for having me. we are thrilled with the outcome today.

i plan to celebrate with my clients and cocounsel. it is a wonderful day for them, their families, but it's a wonderful day for all americans, i think. scarlet: we should clarify for everyone, your role in the case was to argue question two, does the 14th amendment require a state to recognize a marriage between two people of the same sex when their marriage was lawfully licensed and performed out of state? ask you to do the argument before us, but a personal question to you, what was it like arguing before the supreme court? i know you have presented at least 50 cases before appellate courts and in front of supreme court as well, but this must have been different. douglas: this was clearly a much more momentous case than the others i have argued. obviously, we all take them seriously. we knew that there were so many, hundreds of thousands of people, whose sense of dignity and equal

respect that they are entitled to under the constitution hung in the balance here. obviously, that was something that i took with me, but i also knew i had those hundreds of thousands and the millions upon millions of people who believe in equality standing behind me. that gave me a lot of comfort. mark: can you talk about the economic at -- implications of this decision, what will it mean for this country as same-sex couples marry, get the same benefits and rights as heterosexual couples? isglas: one thing we know that marriage has been fundamental to united dates, to the society, to our economy for a long time. in part, because merit does provide stability to the+++

and to their children. so this decision will extend that stability to hundreds of thousands of additional couples. of course, we expect to see in the marriage industry a nice uptick in their activity, and that will be thrilling, but it is the longer-term fact that these couples can count on the protection of law that will be the great contribution to us as a society. scarlet: i want to get back to your preparation and how you felt during the argument. at what point did you feel the most frustrated perhaps while it was proceeding, and at what point were you most optimistic? don't know that there was any point when i was frustrated. the justices are always very probing in their questions, as an advocate, you have to ready to answer all of them, the hard ones, and occasionally you get a nice soft balls which is nice. i don't know that i was ever frustrated. for questions are really welcoming because it gives you a chance to really answer the questions that might be on the justices mines, the thing that might be lurking in the back of

their mind, questioning whether they could rule for you. in terms of what i was happiest in the arguing, and during the rebuttal. the last five minutes of the argument perhaps because it was the end of the day and they were tiring out, but they gave me some time to talk and i was able to speak about the experiences our individual clients. they are really so compelling. i think we see in justice kennedy's opinion today that he heard that. he understood how important this issue was to the real lives of real people and their families. scarlet: our thanks to douglas hallward-driemeier. congratulations once again on the case. bloomberg bracket ologies. mark: we ranked the top bank ceos. who came out on top. and here is tim cook's tweet on today's supreme court decision.

♪

mark: welcome back to the bloomberg market day. i'm mark crumpton with scarlet fu. scarlet: let's bring in julie hyman with a look at what is going on. we have some big movers today. look at some

individual stocks. always a good place to find action. let's start with zoetis and valeant. a report overnight that valeant may have made some overtures to zoetis. analysts are poor and a lot of cold water on the idea saying the math does that make sense of the two companies. analysts at morgan stanley says that a potential deal would lack of tax synergies that valeant typically looks for when it makes these overtures. also, an analyst at be a most saying this would be surprising because valeant is still digesting another big acquisition. take a look at their acquisition history. 2015, the company made a lot of acquisitions. more to the point, one big one. sale experience all $.5 billion acquisition. there is still by digestion process going on there. it would be strange for the company to go in and make another offer. zoetis was a $26 billion company

. interesting story there. also looking at peabody energy. coal stocks have done very poorly as of late. a lot of competition in the utilities market from natural gas, which is becoming a cheaper alternative for the markets for metallurgical coal have seen weak pricing as well. affecting their credit rating and moody's has given them a negative outlook on their rating. peabody energy down 6.7%. i want to mention up movers. deere. it looks like the stock is rising as corn has rebounded. we have seen a long decline in prices ever since they peaked in late 2012, but we have a couple of days of a rebound for corn prices, so shares are up 3%. tenet healthcare.

they rallied yesterday on supreme court ruling yesterday related to the affordable care act. it is continuing their gains today. among other things, a lot of the hospital stocks are getting an upgrade from analysts. mark: thank you, julie hyman. scarlet: coming up, wall street women to watch. the three front runners that could take over the c-suite at a big u.s. bank. ♪

mark: the banking world is known for big personalities and even bigger egos. cap whenhat categories it comes to terminate the best ceos. torlet: earlier we spoke michael moore about how he set out to answer that question. banks,ook the 16 largest narrative down to the largest, and then we took only the ones who have been in their jobs for the last three years.

so they would have a track record. we excluded any of them who were state owned or state-controlled. scarlet: no rbs or chinese banks. >> the ceos who have the final say that have a track record. at return on equity, wanted to see how well they were doing. stock performance. a different measure for each round. the first was return on equity. that is the most widely look that. scarlet: and that is what they are paid on. michael: for each of these measures, some of their pay is tied. own we, relative performance compared to the index in their home country. pull up thewe can charts on that, that there would it down quite a bit. were the biggest of performers, 30% higher than their benchmarks. that surprised me.

i did not realize they had done so much better than some of the japanese banks or the french banks. japanesesome of the banks have higher return on equity, but over the last three years, u.s. banks of done quite well. that is where many of the u.s. guys advanced. pimm: you have return on equity, stock performance, and then -- michael: the growth in book value per share. how quickly you are increasing your equity base. that is warren buffett's favorite measure for how he is doing at berkshire. we thought that would be a good one. pimm: that there was it down. michael: that gets you to the finals. two very different candidates, lloyd blankfein from goldman ultimate wall street bank, and john thune at wells fargo. the ultimate consumer bank. f at wells fargo.

pimm: what decided the winner? michael: legal costs. which ones have managed to stay out of the spotlight in terms of legal expenses and litigation. scarlet: drumroll please? pimm: the winner is -- stumpf. john wells fargo had some of the top profitability, they stayed out of the spotlight on legal, legal bills have been fairly low compared to the other u.s. banks , and they have had good stock performance. he checked all the boxes. pimm: so he gets bragging rights. so does warren buffett as berkshire hathaway is a big investor. that was michael moore on the best banking ceo on wall street. mark: missing from that list

couldemales, but that soon change. these three women all with three different murray backgrounds are within striking distance of the c-suite, a feat that no woman has done before at the biggest u.s. investment banks and financial firms. scarlet: for some context, we have with us from charlotte via skype, someone with many years of experience as a woman on wall street, mary and, president of turnberry advisor group. we keep hearing about banks are encouraging the number of senior-level women but the numbers indicate that this is just not happening. we have enough women graduating as mbas, banks offering affinity groups, apparently, return to work programs, what is not being done? from my opinion, the primary challenge of what is not being done is we need to get more male leaders engaged in the process. they need to make sure that

diversity is a business imperative, not just that they will pay lip service, they have to hold all leaders, male and female accountable, they have to make sure they are measured against a specific target and that they are paid against the target. mark: is that one of the ironies of this, perhaps that some of the men in positions of power in the c-suite do not feel that they have a role to play here, when in fact, they do? maryann: absolutely. it's a combination of women have created women's groups and have, inadvertently, excluded men. and men have not reached out as much to participate in the dialogue and to have a discussion. we get to that point, if you are a mid-level woman and a bank right now and do not see a path forward to the upper levels, should you be considering lateral moves that will expand your range of

experience, even though that may hold you back later on? maryann: lateral moves come in my opinion, are a good idea if it helps you get an additional skill set, particularly if you get p&l experience. one of the challenges of most senior-level jobs require you to have p&l experience. many women traditionally have not had that. if you are making a lateral move it but it will get you p&l long term, i believe that is very sound strategy. if you are making a lateral move and it is just doing more of the same, i would discourage it. ms.ann: ms. bruce --mark: bruce, you speak to a lot of women on a regular basis. what are their concerns? the corporation itself is not in a position to help them succeed. a good analogy that i use is that corporations have planted many trees in the form of attracting and identifying high potential women, but the

organization or the forest is choking the tree and making it difficult or women to thrive. so we need to figure out a way to better deal -- a better way to deal with the unconscious biases, otherwise women will continue to leave to make their own startups or will go to other industries, such as health care, where they feel they can make more of a meaningful difference and see success. as you mentioned, on wall street, there are a lack of mentors, role models, sponsors. until some of these issues are addressed, unfortunately, i believe, very talented senior women will continue to leave the street. more thanou have three decades of experience, have worked at a number of wall street firms, oppenheimer, evergreen. can you share with us why you decided to leave wall street? maryann: i laugh because there was a large corporate restructuring, and acquisition, and as a result, my position was eliminated.

i was given another opportunity to stay at the organization but it was not at the same size and scope of what i was used to and i did not feel it took advantage of my skill set, so i decided to leave. i was going to pursue other opportunities and then there were some medical issues with my daughter i had to deal with, and then ultimately, i decided to do a complete shift and focus on board. the president of turnberry advisory group and director at mbia. fascinating. scarlet: mark, you are done for the afternoon but i know you will be listening to the president when he is speaking. mark: in about half an hour. scarlet: here is a look at that memorial service in charleston, s.c. ♪

♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage, all of taylor swift's music videos, interviews, and more. xfinity is the destination for all things taylor swift. scarlet: welcome back to the "bloomberg market day." pakistani taliban has issued

a warning that it will target the country's main electrical company if it does not and power southern part. that is where an intense heatwave has killed 850 people in the last week. the power cuts during the heatwave have also called public protest in karachi. temperatures did begin to drop yesterday. the foreign ministers around the united states and france are leading the way to talks on iran's unclear program, trying to overcome disputes ahead of a june 30 target date for a deal. foreign ministers from russia, china, britain, and germany have not yet said if they will participate. the vatican has signed a treaty with a quote, state of palestine and says it hopes official recognition will help stimulate peace with israel. israel had expressed its disappointment with this decision. this is the first legal recognition by the vatican of a palestinian state. moving over to california, a controversy line to require almost all public schoolchildren

be vaccinated has passed a major hurdle. protesters demonstrated outside at the state assembly. it strikes down the state's personal belief exemption. the state senate has passed a similar bill. supporters say california needs to boost vaccination rates after an outbreak of measles that began at disneyland. boeing ceo won't be clipping any coupons when he is in retirement. he will be getting almost $4 million a year once he retires. he steps down as chief executive next week and he will stay on as chairman until next year. mcnerney will get $900 million annually from two boeing plants. those are your latest top headlines. coming up in the next half hour in the "bloomberg market day," greek negotiations enter the weekend after a week of unproductive talks. at this hour the greeks are gathering in athens to voice their frustration over where things are headed great this is supposed to be the weekend to make a deal. fans of harry potter in london have a surprise coming, as j.k.

rowling at sign another piece to the potter franchise. in, southent is carolina remember the nine victims of last week's racially motivated shooting at a church. we will bring you his comments live at the top of the hour. all those coming up in the next hour of "bloomberg market day." greece has more than a 50/50 shot of reaching a deal with creditors. chiefs something that the economist says has to happen. she joins us now with more from chicago. you say more austerity is the wrong move, and austerity is what the two sides would have to greece ton order for get more money. yet negotiations now are all about politics, are they? guest: i don't think austerity is necessarily the wrong move, but it would be a difficult move. you're talking about an economy that is suffering from dilapidated growth, struggling amidst a debt to gdp ratio of

almost 200%. when we talk about implement in a burlesque -- implementing a -- the endgameam is the same as it has been since negotiations started several years ago. that is to allow greece to go back to their domestic currency and inflate some of these price pressures away. the endgame for the greek people would then be the same, a decline in the standard of living, but from a political standpoint, i think we can agree it is much easier to spell inflation that it is austerity. -- than it is austerity. scarlet: a question is whether a greek default would look like lehman brothers, where the fallout is unimaginable and spirals very quickly, or something like radioshack, where the collective reaction is it was expected great what does it appear now, based on the years,

months, weeks of negotiations that the market has seen -- that the market now factors in as the default scenario? this is unprecedented territory. if we did see a great default and eventually greek exiting the euro area, we expect an extreme amount of volatility as this would be an emergency type situation for the government in greece. euro zone.% of the we are not talking about a vast percentage of growth in the area. cooler heads would prevail in the near term, and it would not be seen as a domino type scenario, meaning investors would now be looking for who is next, is it italy, spain, portugal -- these are economy is quite different from what we are seeing in greece. scarlet: i want to bring this over to the united states. there is an argument that some people have made, that the whole greek drama is good from what u.s. markets because it keeps

because it keeps the rally in check. prices and bullishness to not get out of hand because the uncertainty creates an overhang. we have her janet yellen refer to prices being a little bit rich, valuations being [inaudible] maybe this keeps this from getting even worse. guest: if we do see greece leave the eurozone, we would see that increased volatility, forcing investors to look at that trade. from a currency standpoint, on a relative basis, certainly the dollar has benefited over the past several months, and this would create an upward momentum scenario for the u.s. currency as well. scarlet: i want to turn to today's economic data, the university of michigan consumer confidence report. it was higher than expected and it kept the most optimistic first half of any year since 2004. not putting ainty dent into consumer sentiment? last month we fell to a six-month low. now we have reverted back to

what is a five-month pie in that final june prints. consumers are very concerned. there is a lot of volatility in the marketplace. economy hast the improved from the general malaise we saw january through march, that is getting to make in sumer's feel more confident about their current situation. long.sm can only last so we need to see that actually follow through, come to fruition in the underlying data, and that means long-term confidence will be supported only by organic job and income growth. we need to see further momentum in the second half of the year. dataet: we know the fed is dependent, and we have a big data point next week on friday, the jobs report deue out. are you looking for in terms of what that report would mean to the calculus of what the fed this next? guest: it is interesting. it seems as if the bar for labor market improvement has continued

to be lower throughout the year. the market seems to be looking at any side of the report above 200,000 is good enough. remember that good enough at 250,000 is a significant step in the wrong direction from that plus 325,000 pace we saw at the end of last year. we are expecting for employment gains to remain positive, but very modest, and certainly well below what we saw at the end of last year. scarlet: still some moderation compared to the end of last year. we also have ism numbers due out. manufacturing has been a weak point for the u.s. economy. manufacturing has been slow to recover. does that change? manufacturing was a silver lining to that 2014 rebound we saw in the middle part of last year. after producers realized that above 4.5 gdp rate was not being maintained and further into this

quarter, we did see a fullback in production and employment and new orders. in production and employment a new orders. production, but it is that second derivative decline or, that loss of momentum that is concerning when we compare it to production levels we saw this time last year. rate of change in trend overall. thank you for joining us this afternoon. coming up on the "bloomberg market day," chinese stocks capping their steepest plunge since 1996. ♪

scarlet: welcome back to the "bloomberg market day." here is a look at the memorial service taking place in charleston, south carolina, for the reverend who was killed along with nine people last week at a historic black church there. youident obama is there are will be delivering comments. we will renew his remarks when they happen, scheduled to be at the top of the hour. let's get a check on how commodities prices settled in new york trading. i want to bring in bloomberg's commodity index manager. withyn, we usually start nymex crude because it is such a good gauge of what happens in commodities overall. it is a friday. that has an impact? guest: market has been waiting to see what happens with iran. it was the 29th week where we saw the count up.

the market was watching what is going to happen with iran. scarlet: they are in a wait-and-see mode and nymex is down slightly, caught in this range. nat gas seems to -- the thinking is it trades in tandem with crude but that is not always the case, is it? caroline: there is a great demand story building up for nat gas over the summer. the way weather patterns are now, this quite a lot of demand in the summer. scarlet: that is surprising. ,ur home is heated by nat gas so it goes up in the winter. there has been a lot of controversy around 30 energy sources. nat gas is clean energy, right? caroline: it is.

we have seen a lot of coal retirements, especially in the midwest. that has had a real poll on natural gas demand. we see natural gas demand, the chart we are looking at right here is power generation from nat gas. we see the orange line is actually 2015 and this is versus the five-year average. scarlet: where the demand is higher than it has been over the last four years, and we expect it to continue? caroline: we do expect it to hold up. this is actual real demand coming into the natural gas market. let's pivot to gold prices. yesterday it tumbled. what is driving this move lower and gold? caroline: the market has been stacked up on the short side for

gold. iran, we talk about greece. the market perception is these two issues will be resolved. the need for gold as a safe haven, currency as a safe haven store value, has started to diminish your -- diminish. that is where the trend has been on the market has been extremely short. we have a couple charts we will show on that. scarlet: i like what you say about how positioning dictates a lot of the moves. inflation is not really the issue right now. if you are positioned a certain way, that will dictate the knee-jerk reaction. d-managed short money contracts. caroline: this is the gold contracts outstanding. we are at the highest level that we have been. this is the one your chart. this is the highest point we have ever been. gold shorts are at that high level. scarlet: what is the next move?

geopolitical environment is good, greece is good, iran is good. rates?out interest we are talking about potential interest rate hikes. we have a good chart that shows when interest rates really start to move, when there is volatility in interest rates, there is a pickup in gold demand and gold prices. scarlet: they give so much, carolyn obama -- caroline abramo joining us. right now we are going to cross over to john, bloomberg politics managing editor, along with phil mattingly, with live coverage of the funeral taking place interest in, south carolina. >> god will bless our going out in our coming in. john: good afternoon. we are here to bring you the president's eulogy of clemente pastory, the methodist

who was also state senator for south carolina. he had a wife and two young daughters. he was shot to death in his church in charleston, along with eight others. we're waiting for the president to arrive and give his speech. this service has been going on for a while now. it is been a sad day in charleston. the president coming from washington, d.c. the supreme court deciding to legalize same-sex marriage of the country, comes at the end of a week in which the president has had many great [indiscernible] including the approval of fast-track authority for his

trade effort, trade pack in asia. yesterday the supreme court toing on the administration hold subsidies for the affordable care act, more or the putting to rest question of whether the affordable care act will survive through the end of the president's term in office. it has been a week in which the president has been able to celebrate a great deal and in some ways the best week for him politically of his second term. it all comes on the heels of this great tragedy in south carolina last wednesday night, when a white supremacist gunman entered the church in south spent about an hour with a prayer group there, and then opened fire and killed nine. the political fallout from that has been far-reaching and intense.

south carolina state officials debated and quickly came to the conclusion that the confederate flag should be taken down from above the capital -- capital grounds. a furious debate has broken out across the country in places like mississippi and other places where the confederate flag still flies. time for we come to a mourning. there have been several funerals of others who were victims in this shooting in charleston over the last several days. was a risingkney star in democratic politics, someone president obama had met when he campaigned in south carolina in 2007 and 2008, winning the democratic primary there. there is a personal connection here. this is undoubtedly a big moment for president obama, and a big moment for the country. he is about to take the podium, so let's listen now.

♪ president obama: giving all calls usd honor to god to hope, to persevere, and have faith. they were still living by faith when they died. the scripture tells us.

they did not receive the things promised. they only saw them and welcomed them from a distance. admitting that they were foreigners and strangers on earth. we are here today to remember a man of god who lived by faith. a man who believed in things not seen. believed there were better days ahead. often the distance. distance.the a man who persevered, knowing full well he would not receive all those things he was promised because he believed his efforts would deliver a better life for those who followed. wife,nnifer, his beloved

to his beautiful, wonderful , to the people of charleston, and the people of , i cannot claim to have had the good fortune to well,he reverend pinckney but i did have the pleasure of knowing him and meeting him here in south carolina. back and we were both a little en we were bothwh a little bit younger. back when i did not have visible gray hair. [laughter] the first thing i noticed was his graciousness. his smile, his reassuring

baritone, his deceptive sense of , all qualities that helped him wheresoever leslie -- wear effortlessly the burden of expectation. friends of his mentioned that when clementa pinckney entered a room, it was like the future arrived, that even from a young age folks knew he was special. anointed. he was the progeny of a long line of the faith, a family of preachers to spread god's word, the family of protesters who so changed to expand voting rights and desegregate the south. clem heard their instruction and he did not forsake their teaching. 13,as in the pulpit by

pastor by 18, public servant by 23. he did not exhibit any of the cockiness of youth nor youth insecurities. instead he set an example worthy of his position. wise beyond his years. in his speech, in his conduct, in his love, faith, and purity. a senator, he represented a sprawling swath of country, a place that has long been one of , a most neglected in america place still wracked by poverty and inadequate schools, a place where children can still go and the sick can go

without treatment. a place that needed somebody like clem. [applause] his position in the minority party met the odds of winning more resources for his constituents were often long. his calls for greater equity were too often unheeded. the votes he cast were sometimes lonely. but he never gave up. he stayed true to his convictions. .e would not grow discouraged after a full day at the capitol he would climb in his car and head to the church to draw sustenance from his family, from his ministry.

from the community that loved and needed him. faithhe would fortify his and imagine what might be. embodied anckney politic that was neither me nor small. -- mean nor small. he conducted himself kindly and quietly and diligently. he encouraged progress not by pushing his ideas along, but by ,eeking out your ideas partnering with you to make things happen. empathy andof fellow feeling, able to walk in somebody else's shoes and see through their eyes. no wonder one of his senate colleagues are membered pinckney

as the most gentle of the 46 of us. the best of the 46 of us. clem was often asked why he chose to be a pastor and a , but the person who asked probably did not know the history of the ame church. [applause] as our brothers and sisters in the ame church know, we don't make those distinctions. once said, islem not just within the walls of the congregation, but the life and community in which our congregation resides. [applause]

he embodied the idea that our christian faith demands deeds and not just words, that the sweet hour of prayer last the whole week long. action put our faith in is more than just individual salvation, it's about our collective salvation. the defeat the hungry and clothe the naked and house the homeless is not just a call for isolated charity, but the imperative of a just society. what a good man. sometimes i think that is the best thing to hope for when you .re eulogized

after all the words and recitations and resumes are read , to just say somebody was a good man. [applause] you don't have to be of high station to be a good man. preacher by 13, pastor by 18, public servant by 23. what a life clementa pinckney lived. what an example he set. what a model for his faith. him at 41, lose slain in his sanctuary with

eight wonderful members of his h a different stages in life but bound together by a common commitment to god. daniel simmons. sharonda singleton. myra thompson. good people. decent people. people.ing [applause]

people so full of life and so full of kindness. people who ran the race. who persevered. people of great faith. families of the fallen, the nation shares in your grief. our pain cuts that much deeper because it happened in a church. the church is and always has been the center of african-american life. [applause] own in a tooll our often hostile world, sanctuary from so many hardships. over the course of