let's talk to iona bain the financial journalist.injust are falling but we have still saw a value of £2 billion in just the last six months of last year. it is still a flood of claims, isn't it? you might guess, the ppi scandal still rumbles on. although there is now a time limit set on ppi claims. if you have not already made a complaint about ppi, you have until the 29th of august this year to do so. after that, you've missed the boat. that will bring the ppi scandal to an end. there is a slight fall in a number of complaints being made and the fca have recognised that a lot of the complaints being brought are now without merit and being driven by claims management companies, so the fca decided last year that it would allow banks to strike from the wreck at any cases where established that actually people did not have a ppi policy in the first place. and that was a significant move. —— strike it from the record. a number of complaints are still really high. when the line is finally gone under this waiter, surely we will still be he

outside little on the hot side in spots 80's some low 90's tomorrow afternoon plenty 80's inside the bain>>this little he wave going to continue right through wednesday maybe late today pick up some fog along the coastline and that fall really kind of wraps up on thursday much cooler temperatures into the weekend as those numbers go in the back to normal saturday and sunday lawrence thank you and thank you for being with 96 you will see you tonight at 8 o'clock kron on is going on next. >>to get that kron on dot t v. >>> meghan markle's mom. she is flying to london. >> the clearest sign yet that the baby is due any day now. >> she has hired a dog walker to take care of her dogs. >> and then who killed the two teens? the new sketch and new video of the suspected killer just released. >> we will not stop. >> and easter egg roll at the white house. who is in the bunny costume this year? >> and then what happened to aj? did this dog just detect a scent in the family car? >> and brittany. spotted for the first time since she was sent

army still bain a province mostly in taliban hands.dge of the city, a front line just months ago. the taliban are just a short drive from here. w ere told to leave quickly. stay, the more people started appring on rooftops, motorcycles driving by. we were being watched. we are told it wasn't safe. w you never know is who, and the taliban aren't far away. a day later, right in the center of the city, a farmer's fair shattered. dozens of afghans injured or dead. ope.l signs of light and girls at school, some for the first time. >> in the future i want to be someone, either a teacher or a doctor. i have to solve the country. there were no schools because of the fighting, but now i'm veryan happy that iome to school. lyse: forbidding girls' education was one of the worst abuses of taliban rule. now some children are in school where it is safe, even in some taliban areas. in conservative rural afghanistan, security, jobs matter most. the start of peace talks bring ends,but until the war most dreams are on hold. lyse doucet, bbc news. laura:

that crash happened on bain avenue on thursday night at 7 o'clock the men died over the weekend. police say drugs and alcohol do not appear to be factors the driver here also cooperating with investigators this is the first deadly collision in south san francisco since 2017. >>to the north bay now part of giant hammer stolen last year in heels berg has been returned a local attorney told police that somebody left the hammerhead portion on sonoma county property was owned by one of his clients, the hammerhead disappeared from the lawn of the hillsborough community center back in october. it weighs more than 200 pounds and is 6 feet tall investigators still looking for the 21 foot long red would handle. the art is valued at $15,000. >>all right time now to check your weather and yeah, the rain is back in the bay area would you back to work monday, we've got the rain that is falling all around now so troubling home that you may be a little difficult up their little bit slippery as we've got the roadways see that rain moving in along the peninsula down the south bay see some heavier

bain and company just published its m&a report.te m&a is at an all-time high, almost $450 billion since 2018, so is health care private equity deal making. one of the important things we found in this year's report is if you look at the last macro cycle, that is what we are concerned about, the next macro cycle, health care deals which originated during last cycle outperformed the deals and health care private equity. it was a 2.7 times return for help their versus a 1.8 times return for non-health-care deals. that is why health care investors that have a long view are so bullish on the sector, particularly where we are in our growth cycle and in an upcoming macro cycle. alix: -- david: that is the macro view of health care m&a. you deal company by company. -- which deals make more sense because of this and which make less? deals we are focused on that are improving access or improving the cost of care. if you look at the long-term equation, things can happen in the short term from a political or macro perspective. there is one thi

our reporter in paris on emmanuel macron laying out his reforms for france, and in washington, ben bainthe volcker rule. kevin, it finally happened, what does it change? kevin: it resets the crowded democratic primary field. joe biden arguing he would be able to win back voters president trump carried in the 2016 race in portions of the states like western pennsylvania, youngstown, ohio, michigan, as well as suburban detroit. he will take a working-class message directly to their. -- directly to there. is reentrant's to the race is also a very different democratic party. he has access to the obama donor

our reporter in paris on emmanuel macron laying out his reforms for france, and in washington, ben bain on a revamp of the volcker rule. kevin, it finally happened, what does it change? kevin: it resets the crowded democratic primary field. joe biden arguing he would be able to win back voters president trump carried in the 2016 race in portions of the states like western pennsylvania, youngstown, ohio, michigan, as well as suburban detroit. he will take a working-class message directly to their. -- directly to there. is reentrant's to the race is also a very different democratic party. he has access to the obama donor class but does not have the opportunity to make inroads with democratic-socialist, the lane occupied by bernie sanders and elizabeth warren. it is a crowded field and a field that is going to be competitive, but no question, behind the scenes, biden-world is very optimistic and a lot of the republican strategists i speak with say former vice president widen would pose -- would poseent biden the biggest risk to president trump, but they also say publicly they are not worri

the bain of my existence. >> many adults need that. >> there is a thought, too.'m sure the world health organization has warnings for us. good morning. i'm dave briggs. >> i'm michelle kosinski. it's 30 minutes past the hour. the list of democrats running in 2020 jumps to 20 today because joe biden will announce his presidential bid this morning. the former vice president rallied donors and supporters on a conference call yesterday. he offered a brief preview of his campaign's message saying the soul of the country is at stake. biden under scored the importance of a strong fundraising performance right out of the gate. >> the pennsylvania native will hold his first campaign event in pittsburgh on monday. then he'll hit the road to iowa, south carolina and new hampshire. biden's decades in the senate, high name recognition and years as vp put him at the top of recent polls. he faces a democratic party far different from the last time he ran for office. progressive issues are now front and center, not foreign policy. >> biden's team thought about releasing the anno

beyond this the end it took baines i'm sick that. they took the music that the arsons yani be our debacle from the synagogue became our common law johnny they came up come he said they came i come to this be our the book you also must be a member. of the libby shark. stumble be too little delish to drown me she hates the idea the bus company because she rolls around the sun the reality policies are the talk she is a mr while i'm a very young they don't just sit on the. t.v. show called. tumble out of the ash to slide the light on when you haven't worked out with the art if the jobs market with i was young all knowing be to believe me siwash maybe demand from nk or your. jani why did i wash her she wash the only see the new bangle stumble. lips a stumble or. some will the ends and i am many basij it was the early cydia last. bynum to be give bush not large to. stumble but on a little bird or small liberty and with a hard now looking thought on how to kiss a chick that had kids been around a kitten departure see i was looking back on t

investors include bain capital and advent international.g up, something for recently evolving crypto enthusiasts. bitcoin now at its most expensive level since before the spectacular crash. we are talking cryptos next. this is bloomberg. ♪ caroline: facebook has nominated paypal executive peggy alford to its board. that is not the only change being made. netflix ceo reed hastings and former white house chief of staff erskine bowles will step down. they have been directors since 2011. an election will be held at a future shareholder meeting. after hitting fresh highs in 2019, the signs of going ahead in the crypto world with an indicator now at its most overbought since hitting a record last year. when the crypto index plummeted 65%. arianna simpson, founder of autonomous partners. welcome. arianna: thank you. caroline: so, technical indicators. how much do the investors, be it retail, institutional, look at technical indicators for things like crypto? arianna: it really depends on your investment strategy. are you more of a venture type inv

joining me for more, author of upside to inequality, former bain capital managing director he had connoru have some insight into successful business and entrepreneurship. i was reading through this cnbc article. i would call it clickbait. there is a lot of caveats here. >> certainly. susan: a study in 2010 were three many type of psychopaths and executives with ceo roles, that percentage is 1%. three times 1% of the population. >> three times one is 3%. it is small. susan: small, right? >> author of a book trumped it up to 20%. cnbc trumped it up to a majority. sure is it a small percent? susan: yeah. >> do those kind of traits help people succeed in business? you have to have single-minded determination to serve customers more effective lynn than competitors. that requires determination. it requires a certain lack of unforgivingness, lack of empathy we'll get the job done no matter what. susan: right. >> a certain amount of self-centeredness to do the job. some of the research cited as well, if you take it too large it will destroy value and competitors will take your business away. sus

. >> schieffer: robert caro, the legendary biographer of lyndon baines johnson, has just released a bookenough to pay him a call. so this is where the magic happens? the only dedications in robert caro's new york city office are the outlines of his next book tacked on the wall and the manual typewriter that's hammering out. why do you do that? why did you never go to compute center >> to slow myself down. so i write my first draft in long hand, because that's the slowest way of committing your thoughts to paper >> no one can accuse 83-year-old robert caro of rushing his work. he's devoted his life to investigating and reporting on just two figures. robert moses, the urban planner who never held elected office but whose roads, bridges, and buildings and parks helped shape new york city more than any mayor or governor in the 20th century. and lyndon johnson, who held every high office in washington, including president of the united states. after more than 40 years and four books about johnson, he is trying to complete the fifth and final installment. he says they are not biographies but s

it happened on bain av%nue around 02:00am police say the suspects kicked in the front door of the house to get in they say a 52 year-old woman was home at the time. the suspects demanded money from her and stole jewelry and personal items. the men then fled the victim was not physically injured, but apparently shaken up at this point there is no description of the 3 men involved all we know is that they might have fled in a vehicle heading west on 3rd lane that's about a block away. the vehicle also apparently had a very noisy exhaust system. >>a 15 year-old boy is among the victims of a triple shooting at a business in east oakland. this all happened yesterday afternoon at an auto body shop on 98th and eat street in street near elm hurst park. police say 2 men with they're getting work done on their cars while the boy was simply putting air in his bicycle tires. officers believe at least one of the victims was in fact targeted investigators are now looking over surveillance video from several cameras in hopes of finding the shooters involved and sam, a tale a police chase ended when a

texas, and there's a political rally, and for the first time in your life you see in person lyndon baines johnson, the senator of the state of texas. what did you think when you first saw him? ve - i was bowled by the helicopter. (audience laughs) was on the town square and the helicopter landed. he traveled the state, this is the 1948 election, which he was beaten by 87 very contested and i have no doubt illegal votes down in the valley of texas. but he was campaigningrd in a , so who didn't want to see a helicopter 48 inhe first year that helicopters were used in campaigns? so i went down to the town square and when he got off the helicopter took his big stetson and tossed it into the crowd. w later learned that he did that at every stop and he had somebody on his staff who went and got the stetson and returned it to the helicopter at the next stop so he could toss it again. mean i learned a lot about politics in that very moment. that realization that this was part of the game. this was just not that he had an endless supply of stetsons in the helt opter, but i remember t spoke must ha

bain about health care m&a. here's what he had to say. >> corporate m&a is at an all-time high.e equity deal making at about $65 billion. help your deals originated during the last cycle outperformed meaningfully the rest of the deals and health care private equity. it was a 2.7 times return for health care versus a 1.8 times for all non-health-care deals. that is why health care investors that have a long view are so bullish on this sector. alix: what is your outlook for health care m&a? tom: health care is an important part of the m&a market. it has been an important part every year. what has driven health care is innovation. companies seeking innovations, companies seeking growth whether it is a pharma company buying a biotech company, amid tech company investing in new product to drive growth, it is the innovation driving it and that will continue and be a major part of the m&a market this year and in years to come. going beyond health care, what are the areas where seo would say that is a good business and i need to be looking at that, they should put those on my target lis

. >> reporter: goldberg managed nirvana forhrhe final and a half years of bain's fe.assive fame came internal struggle. >> he was a master of the craft of rock and roll, but he also was comingrom a place that was very deep havinadto do with olescent pain and loneliness in a way that seems to speak to people. >>eporter: especially his young fans at the time. generation x. who idolized cobain. ♪ thr anthem was their biggest hit. "smells like teen spirit". >> it's a song that says everyone out there who feels the a way iry do, eone out there who feels like an outcast, here's one for you. >> reporter: cobain's fans were crushed by news of his suicide in 1994. >> i pulled overt and i j -- i was there for like 20 t minuteso a half an hour crying right ere. >> reporter: but there were warning signs he struggled with substance abuse. a month earlier in italy, the fell into a coma after a tidangerous combion of drugs and alcohol. the world on edge while he to be dberg wants cobain remembered for his life and artistry. >> the guy that i remember was s genius a sweet person who

londone common theme of baines johnson and mcchesney martin, i need growth and inflation, i need theear from president trump. why do politicians want that when there are so many smart guys like you saying, no, you cannot have the punch bowl 24/7 10 years in a row? jacob: the test of a good central banker is he can take the punch bowl away before the party gets going. politicians have a short run benefit but that comes at a high cost in the long run. the best way central banks can contribute to growth is by lengthening the horizon, by securing the financial system and the price. francine: when can they take the price ball away? it seems like this is the caret that is never coming -- carrot that is never coming. jacob: one of the key points we learned as being the only game in town is a mixed blessing and has become a curse. since the crisis, the only game in town has been the central banks. they have been overburdened and looked around and said, where are my troops? they are gone. it is time for not only fiscal policy but also what we call structural policy, which means making the eco

know is that the chambers have a dramatic effect in improvement of individuals with ptsd as well as bain injuries. what we don't understand is what the addition of oxygen to the presence in that chamber does. and so there has been multiple studies done by the v.a. demonstrating that and look forward to further research on it. brain ress remains one of the mainstays and going into a chamber where there is silence is great value. whether the addition of oxygen under pressure remains in debate. senator cramer: my understanding is that the presence of more oxygen could have the alternative impact because it is sometime youlative, i would guess. mr. stone: in the presence of trying to penetrate oxygen into wounds, that's exactly correct. senator cramer: we would love to help you for that experimentation. the other thing i wanted to mention because you mentioned it in your testimony, 13,000 more people and you are in the people business. it requires practitioners to do the work and they do it really well in fargo and pleased of the service they provide our veterans. but it's getting harder to

kennedy and lyndon baines johnson wanting to get the economy going, he went after william martin.ceos. on how your reporting upset this president is with the chairman of the fed? kevin: i think the bottom line is that when you look at how the president has gone after the fed board with the arrival of , who could face a domination process in the senate, the arrival of stephen moore onto the fed board the president has a voice to press the central bank. even more with the arrival of him is that voice on the fed board. tom: we have never seen this fractious this. a the present year, there is nuance of demoting chairman powell to a member of the board of governors, or what you do with kevin warsh, why would there be a presumption by the white house or president trump the kevin warsh would toe trump line? kevin: when you have seen in the ,ast, fed chairs of yesterday chair yellen and her relationship with the obama administration, she stepped more in line with obama and ultimately went through with her independence. when you take a broader step beyond that and look at u.s.-china trade

let's talk about all of this with former bain capital partner ed connor.nse of capitalism is the economic growth our country is experienced. hard to condemn something that created best jobs environment we've ever seen? >> sure. 4% unememployment. rising wage growth after several decades. the stock market is up 40% since president trump elected. under the obama administration we saw the slowest recovery since the great depression. we see disposable incomes 15 to 30% higher than they are in europe. we know why that is the case. america produces a lot more innovation in europe, by some measures seven times as much. that growth puts upward pressure on wages we don't see in europe. any step that we make in that direction, certainly is going to slow down growth over the long run and reduce america's prosperity. david: i'm smiling it is not steps, but giant leaps they're making towards socialism. you look at the green new deal, mayor pete, a lot of people signed off on, that is not just, eats itsy-bitsy steps towards socialism that is wholesale commitment to it,

it is difficult even though councillors say it is about baines not brexit, for people to feel that. —t comes to it. it is a real concern, maybe people were stay—at—home or maybe they cannot bring themselves to vote for a party name even though it is a local election. in terms of the photos what sense do you have about their plans for this week? are they apathetic or fed up with politics, what is going on with brexit? 0r apathetic or fed up with politics, what is going on with brexit? or did they feel now more than ever they need to get out and vote?” they feel now more than ever they need to get out and vote? i think they would like to. some are following brexit, some have switched off. whether they understand their local politics or whether they feel their vote might actually have something for the bins are planning, or social care. those are things that worried them but they are not sure how much of a difference their vote will make and in the confusion over the national picture i get the sense that people are saying i don't know if it really matters, which could be a problem in ter

by the bay area toll authority and caltrans to assess the condition of state owned bridges in the bain the upper to lower deck because of a failed expansion joint. repairs on the joints have already gotten underway. >>> there will be more environmental testing over the weekend at a berkeley elementary school where 50 students reported feeling sick for an unknown cause. what happened at the malcolm x. elementary on prince street, students reported feeling dizzy or faint while at an auditorium on thursday morning. >>> first responders checked out students for vital sides which were fine and no one was taken to the hospital. later in the afternoon, the district says another group of students as well as some teachers and student teachers reported similar symptoms while in the auditorium. the number of plenary test could not determine the cause. the auditorium is closed while more tests are being done . >>> activists calling on governor newsom to make pg&e a public utility after the big filing. protesters marching from the embarcadero plaza in san francisco yesterday after announcing the co

he's a former bain capital managing director. welcome back to the program.cory booker's attempt to even out income inequality. you raise the earned income tax credit, make more people eligib eligible. what do you think? will it work? >> i don't think so. there's a lot of research on the earned income tax credit. i think it works for single mothers who have a very high disincentive not to work because as they earn more they have their benefits taken away. i think it works for that segment but for everybody else, research says it doesn't work. so for men, they have not worked more, it's very small amounts so we are talking about expanding it to single men and for married women, they actually work less as their family earns more. so the very people he's talking about expanding it to are the very people who are unlikely to actually work more because of it. the whole point of this is to get people to work more by paying them more to work. stuart: exactly. it's kind of a free money scheme. it's like andrew yang. now he is a candidate for the presidency and he's pu

in 1967, lyndon baines johnson, right, directed the cia to engage in domestic surveillance. 1969, richardi have a deep ambivalence about federal law enforcement and black freedom movements. but the interesting thing is this has been flipped, and it's been flipped in order to justify what i think is really, really deeply questionable. >> david, i want you to respond to that. that conservative bedrock there. >> the facts matter, and this is where conversations like this are so important. there is a reason law enforcement needed to surveil the trump campaign. it's because his campaign manager, his son and son-in-law were having conversations with russians. that was sufficient for lawmakers to say what's going on here, whether he's running for president or not. to eddie's point, what we learned from bill barr's testimony is that the fix is in. this is a cover-up. it truly is. literally he will be redacting some of the information. but importantly, he also -- bill barr became one of the people that now will affirm and project the narrative that you put up all of those kind of alt-right -- i do