i'm talking about the michael milkens who came on the scene, they went to war against what they thoughtf as a kind ofs ofify ed, sclerotic bureaucracies that was responsible for the inability to compete abroad. they began to systematically dismantle the industrial -- those leveraged buyouts, began to dismantel that industrial order, the kind of dominant economy we live in today. >> and an economy of great speculation, of great rewards for handful of people who get rich, but make -- don't necessarily make life better for everyone else. >> exactly right. when you look at that civilized capitalism that lasted say from the new deal through the 1970s, a half century, you see the come prex of -- compression of what once had been that wide gulf in income and distribution of wealth. because of that safety net, because of progressive taxation, then the scissors moved in the opposite direction in the reign of capitalism. that's the destruction of the safety net. the destruction of unions is very demobilizing. it robs them of the arm achur to fight back. people are being put upon, sometimes they f

if there's a movie about michael milken, i predict john up of it will play him.t officer at a caliphate state teachers retirement system, otherwise known as counselors, who nailed it. , it was close.y is 11:14.all i have i want to point out that the cio at coasters will be my guest host here on monday. it will be a huge day. >> is that the prize for the yearbook game? if you win the yearbook game, you will be the guest host on the following monday. >> it is also a big day because the ceo of wells fargo will be with me at 10:00 on monday morning. looking forward to that. >> i will tune in. i wasn't going to watch, but now i will. something i would never, ever miss is bloomberg on the markets. >> we forgot to say something. have a great weekend. oh, yes, have a great weekend. >> have a great weekend. u.s. stocks are in the green. they have turned higher and have built on their advance heading for their seventh straight week of gains after better than estimated jobs report boosted optimism about the u.s. economy. the dow is creeping ever closer to 18,000, not 17,990