but she was hardly the first to make her mark in american finance. two other names that most frequently surface are those of victoria woodhall and heddy green. woodall and her sister had made the acquaintance of vanderbilt. they wanted to get rich and opened the first female owned brokerage in 1870. the firm lasted only a few years, and they were largely dismissed as a joke. to be sure, they were more keen on courting publicity than on analyzing earnings. but they were certainly savvy marketers and they courted publicity so well that one can liken them to many of their modern day cohorts in the brokerage industry. heddy green is usually dismissed as a miserly eccentric and certainly her fashion choice did nothing to help her shed that image. she vastly increased her fortune through shrewd investments. her unfortunate nickname overlooks her keen financial mind and her participation in key events of the times. from a broader perspective, the business dealings of these women help not only draw the attention of other women to finance, but to raise the pu

i'm president of the museum of american finance, the only finance museum in the nation. our core mission is to teaching about our nation's finance and financial history and we're a smithsonian affiliate. welcome back, friends of the museum and our friends from c-span who are taping today. today we have sheri caplan, author of petticoats and pinstripes. portraits of women in wall street history. while this is her first book, she is no stranger to writing. you can find her a contributor to forbes and bloomberg law and other media outlets. during her research, she used some of the resources here including a finding in our collection for the image on the cover. she has a wall street background. she was a vice president and assistant general counsel at gold man sacks and also on securities arbitration roster of finra, financial industry regulatory authority. her undergraduate work was at yale, her jd at the university of virginia.

this 30-minute event took place at the museum of american finance in new york city.

despite strides in the labor market-- greg mcbride of bankrate dot com tells us americans continue to play catch up with their finances. "americans financial priorities are really a reflection of the fact that we still have this landscape of high unemployment and stagnant wages. more than a third of americans say their top financial priority has been just staying current or getting caught up on the bills. " mcbride says even americans feeling confident with their own incomes, are committing to helping family members or friends with financial assistance. bitcoins are back in play this holiday season.a group pushing the digital currency..has a list of retailers accepting bitcoins and offering deals at bitcoinblackfriday dot com. consumers can purchase anything from air fare to christmas trees using bitcoins. marketwatch reports-- last year 74 merchants were on the site when it launched.this year there are more than 200. tiffany and company is catching eyes on wall street.the stock bounced 8 % after the jeweler reported in strong earnings thanks to high demand in asia. also, a diamond of a different color scored a big wi

finances. most americans do not like to talk about finances. >> maybe, it is redundant. but if you do one thing, let's get people to talk about money. 56 percent of parents over 50 they do not talk about anything. they do not talk about if they have enough to live on when i get ready to die. if you cannot answer questions like an adult than you are a child. you should have a binder with all of your financial information just in case you get hit by a bus, if your children can go to this binder and say here is the life insurance policy. americans do not like talk about this we are ashamed of money, if i can do once favor, you should talk to your children about health care and money. >> if i have a health care issue they need to know. >> i just thought i would put this all out there. >> there stating that black friday sales are born to be lower this year. does this make you worry about retailers? >> you axed the right question. i liked the idea. would that be said i think retailers, are getting excited. it is down 14%. they're down from 20% a few years ago. this is a good t

and coming out here i now see international markets kind that pays into the american waters of global finance and for you in the u.k. george galloway's sputnik. one member of st petersburg's legislative assembly is trying to get child beauty pageants banned in russia starting with his hometown you know i couldn't agree more with this gent on this issue these kids' beauty pageants not only put a ton of pressure on children to achieve something absolutely pointless but they're also a pedophile's dream come true and are well very very creepy but why are they creepy that's because with the i like it or not human beauty is related to sex so when you try to make children beautiful and wear bathing suits let's just say active poses yet that's called sexualizing children and it's disgusting although adult beauty pageants are also sort of stupid at least the participants are all adults so i see it because beauty pageants are obviously related to sexuality should be able to participate in them until you reach the age of consent in your country otherwise it is just a pedophile buffet but that's just my

. >>> all this week nbr looked at troubled finances of big american cities. today, we looked at baltimore plagued by leaks, not leaks of information but water leaks as it faces a massive funding gap for insfrastructure projects. >> reporter: all this water and this and this isn't from a storm. it's from broken water mains. they call baltimore charles city, but the water system is c cursed. >> reporter: stephanie blake is the mayor. >> we had huge brokes. intersections are gone. >> reporter: on average, three breaks a day. >> every day in the city, somebody you know is dealing with a water main break. >> reporter: in this 284-year-old city, the typical water main break like this is more than 70 years old. replacing them costs around $2 million a mile and baltimore has 4,000 miles. then there is the other end of the system. >> the water is 99.9% water. >> reporter: environmental regulations keep piling up he says but the money to pay for them does not. so you're striking a balance. >> yeah, you want to make sure that the water is as pure as it can be and we wan

behavior by big banks contributed to the great recession a few years back, sinking the finances of so many american families. it all started, of course, with the housing crisis and so many americans have been frustrated that it did not end with stiffer penalties for those who caused it. very few have paid any price at all for what went on. that changed in a big way today as jpmorgan has agreed to pay $13 billion to the federal government. that's the most money any company has ever paid to the feds. we begin there tonight with our justice correspondent, pete williams, at the justice department for us tonight. pete, good evening. >> reporter: brian, good evening. and just to put this in perspective, what jpmorgan has agreed to pay is about three times what bp paid after the gulf oil spill. it was a scene repeated nationwide, people who thought they had achieved the american dream ending up with mortgages that cost far more than their homes were worth. like bridget an army veteran of iraq injured in iraq whose disability payments couldn't cover her mortgage. >> my payments were cut dramatically in hal

their strategy, carver bank was started 65 years ago to serve african-american communities with limited access to mainstream financesthe chairman and ceo said the company just reported it's fourth straight quarter of positive bank results. we thought about 19 different banks in the crisis. the ones who were too big to fail, and everything was directed towards them, including the rules and regulation which most americans were happy were imposed upon them. but we didn't think about the rest of you, the smaller patience that don't have the wherewithal to sustain those regulations. >> well, all of us were suffering from a lack of capital, so those that survived raised capital as carver did, and being in new york city, it was a tremendous advantage. but as the statements were made earlier, the impact of the regulations has been pretty dramatic. we've had to hire additional people who are not focused on lending and new business development, they're focused on making sure that we don't make any mistakes as it relates to the regulation. >> do you have a greater proportion of people who you lend to, who are higher risk or lo

however, while high income americans have a better feeling about their personal finances in the momentht now, they don't necessarily share the financial optimism of those of lesser means. those with low optimism talking about improving, that is from a relative perspective. they might well think it's got to get better because it's pretty tough where i am right now. but it does speak to the lack of confidence of those who are achieving in terms of looking at improvement in their finances in the near-term future. the 50,000, full-time workers with a college degree, 66% of that group say their personal finances is in excellent shape. they say the situation will improve in the next year as opposed to 30%. they are the ones who are most confident about where they are today. they are also the ones that have the greatest drop-off in terms of where they will be the next 12 months. and again, those with the greatest optimism could be 50 million or less. they have a full-time household but no degree. and those from other employed households also at 41%. no full-time workers and no retirees. those

and internal inquiry reveals millions of dollars from american taxpayers one hundred two companies financing afghan terror groups. also the e.u.'s plans to launch its own drone program to trigger a major concerns with activists warning they'll be no guarantee the unmanned aircraft will be used for peaceful purposes. and ukraine's parliament scraps a bill allowing gerald x. prime minister yulia tymoshenko to be treated abroad threshing trade talks with the e.u. which has been viewed by the country's shale gas. international news life from moscow this is our she with me. and welcome to the problem. u.s. troops may remain in afghan laws and still be carrying out military operations after the end of their combat mission in twenty fourteen that's what a draft security deal suggests and the afghan president is urging an assembly of the country's elders to support it but that's while admitting there is little trust between him and washington the loya jirgah council has started debating the draft guiding the role of american troops in afghanistan after there was draw according to the freshly agreeme

and kill our soldiers and internal inquiry reveals millions of dollars to american taxpayers one hundred two companies financing afghan terrorist group. plans to launch its own drive in prague trigger a major concerns with. warning they'll be no guarantee of the unmanned aircraft will be used for peaceful purposes.

finances. an astonishing 87% americans feel confident they understand the information they need to make the right financial decisions. despite that i find it remarkable that the american people are so resilient and quite frankly it is this american tradition of individual responsibility, more specifically the ability to control one's financial decision and destiny that makes this country unique. and the foundation of the culture and political and financial system. the corp. valley could ultimately be in jeopardy. just imagine if suddenly it had less partisanship, more compromised and policies to generate sustainable growth. the poll numbers on trust and economy would rise dramatically. and shadow those clouds of pessimism so why are we deeply troubled by today's findings they do provide a basis for encouragement. the american people want to put aside their interest in were towards the collective good of the country. that confidence that this is still possible. this offers us hope and a sense of optimism that things can change for the better. thank you again for joining us this morning and i look

shaving kill our soldiers the internal inquiry reveals millions of dollars for american taxpayers were hunted to companies financing of its parent group. on the bbc's plans to launch his arm and drug problem trick in teenage sons with us to this morning helping that guarantees that ma and pa for the peaceful use of it ukraine's parliament describ a bill allowing child takes one to seek the attention paid to be treated as though fetching trade talks with the heat which has been inherited by the country's shattered the player. he's like a moth that this is on skype with me here next. the tree. us troops may remain in me down in the woods and still they carrying out miniature operations after the end of a combat mission in twenty fourteen spots and raw security deal suggests on down the president is touching the assembly of the country's adult is to support it. that's why are they saying as little trust between him and washington in the late jack that council has started debating the drops guiding the role of american troops in afghanistan after this trial according to the freshly into agreement up to sixteen thousand

certain to be his legacy because it will have an impact on the finances and lives of millions of americans. or ill?tion, for good >> we are dead in the water until you have your drivers license. >> is person is trying to sign up another customer. >> we have had glitches, but we have overcome them. we are moving along. in the past i have signed up over 100 people. >> a lot better than the national scheme, which has been in shambles. the democrat governor is spending a billion dollars to expand the health care program to the poorest. >> most of these people have never had health coverage in their lives. day andey get up every roll the dice and pray the do not get sick. are one badey diagnosis away from bankruptcy. >> this is a conservative state, 60% voted for him mitt romney. some said they dislike is not just political, it is personal. >> it means higher cost. it means a bigger burden on a college student that is tens of thousand dollars in debt. >> is person is just the sort of person obamacare is designed to help. he could not get any insurance. now companies have to cover him. >> it is

and internal inquiry reveals millions of dollars from american taxpayers one hundred two companies financing afghan terror groups and. also the e.u.'s plans to launch its own drone program to trigger a major going to sun's with activist warning that they'll be no guarantee the unmanned aircraft will be used for peaceful purposes.

certain to be his legacy because it will have an impact on the finances and lives of millions of americans. or ill?tion, for good >> we are dead in the water until you have your drivers license. >> is person is trying to sign up another customer. >> we have had glitches, but we have overcome them. we are moving along. in the past i have signed up over 100 people. >> a lot better than the national scheme, which has been in shambles. the democrat governor is spending a billion dollars to expand the health care program to the poorest. >> most of these people have never had health coverage in their lives. day andey get up every roll the dice and pray the do not get sick. are one badey diagnosis away from bankruptcy. >> this is a conservative state, 60% voted for him mitt romney. some said they dislike is not just political, it is personal. >> it means higher cost. it means a bigger burden on a college student that is tens of thousand dollars in debt. >> is person is just the sort of person obamacare is designed to help. he could not get any insurance. now companies have to cover him. >> it is

americans personal finances and the state of the financial system five years after the market crash.peakers included former federal deposit insurance corporation shares sheila bair along with various financial industry experts. they talked for about two hours and 20 minutes. ♪ >> good morning and welcome. my name is elizabeth baker keffer and i'm vice president of the atlantic and i would like to welcome you this morning to the session on fiscal future on behalf of the atlantic and "national journal" and my colleague ron brownstein who is the editorial director and also on behalf of the allstate corp. which is our partner for this series the heartland monitor poll and in particular thanks to sanjay gupta vice president of corporate relations for allstate. we have had a terrific heart worship dating back to april of 2009 working at what is happening with the middle-class in these months and years since the economic downturn and 2008. the middle-class is obviously central to the customer base at allstate so has been an inspiration trying to understand how the middle-class is faring thr

we're talking about their north american retail finance business, things like private label credit cardset some sense of this in the news reports from a few weeks back. they're going to spin off or i should say issue up to 20% of the equity in an initial public offering. that will be done next year most likely. then a full split off by 2015. >> some people want that. >> of this business. >> some people want -- remember capital one has been a total winner. you get these credit card plays, people are very excited about them. visa disappoint, mastercard, those are different kind of credit cards. this could be something who want a new finance name might go to. >> parting ways by 2015. let's move on to exxon mobil. >> this is warren buffett taking his biggest position since ibm. i had been a big derider of exxon hoping they would show production growth. this last quarter was a good quarter for exxon. a 2.7% yield, this company is a long-range thinking, it hasn't really monetized xto yet, the natural gas company, they've not been in favor of using natural gas as a surface fuel. i think when th

kill our soldiers and internal inquiry reveals millions of dollars from american taxpayer as the war pandered to companies financing are going to terror groups. also the e.u.'s plans to launch its own drone program to trigger a major concerns with activists warning they'll be no guarantee the unmanned aircraft will be used for peaceful purposes. and ukraine scraps preparations for a trade agreement with the e.u. off today's column and rejects a bill which would allow the expert on minister yulia tymoshenko to have magical treatment abroad. international news live from moscow this is us he was me. hello and welcome to the program. u.s. troops may remain immune to our laws and still be carrying out military operations after the end of their combat mission in twenty fourteen that's what a draft security deals address and they are going president is urging an assembly of the country's elders to support it that's why they're meeting their little trials between him and washington the loya jirgah council has started debating the draft guide in the role of american troops in afghanistan after there was draw and according t

miss peyton said, that are looking for ways to steal identities and rip the american people off from their personal financesther private information, you can bter believe that they're looking at this as an open door. melissa: yeah. what a mess. thanks to both of you. we appreciate the information. >> thank you. melissa: from the u.s. to every corner of the globe money has been flying around the world. today first to russia. the doping lab for the sochi olympic games is about to be suspended. if it doesn't make seth changes in the next two weeks. the ultimatum was handed down by the world doping agency which said the lab need to quote, engage independent quality experts. the russian sports minister says they will comply with the instruction. that would be good given the moss moscow lab affiliated is only fully accredited testing center in russia. >>> next to japan thousands cheered in the streets as she is the first female ambassador to japan from the u.s. kennedy traveled in a century's old horse-drawn carriage. this starts the official start of her duties. >>> landing in greece, good news for the greeks. o

kill our soldiers and internal inquiry reveals millions of dollars from american taxpayer as a war pandered to companies financingare going to terror groups. also the plans to launch its own drug program to trigger a major concerns with activists warning they'll be no guarantee the unmanned aircraft will be used for peaceful purposes.

not to the levels they were pack in 2005 and 2006 where you could do 100% financing and have subprime credit ?rrchl most americansnow how the subprime story ended in a global recession. but today builders and lenders have consumer fend and strenld by 2014. and the government does what it can to keep us from an 11th hour of debt default again. >>> let's head down to washington, d.c. and js joie chn is standing by to tell us what is coming up on "america tonight" at the top of the hour. >> good evening. tonight we are going to conclude our week long series about sexual assault on campus. sex crimes on campus. >> we have an expert panel standing by to take on the tough issues here. we have a lot in the studio audience. ?r.t we have quite a crowd and some students and some parents and administrators law enforcement. with us here is vanessa. >> yeah. >> what kind of questions are on your mine. >> sexual assault beyond the physical abuse, the aspect i see every day is verbal assault. zpljt and hoand how rape is treo casually. >> and using rape as a common term beyond what it actually means. zplrnland just joking about

from massachusetts senator elizabeth warren who will talk about wall street reforms at an americans for finance reform event live at 1:00 p.m. eastern at c-span2. richard cordray, the rector of consumer financial protection bureau will testify before the senate banking committee live at 2:30 p.m. eastern on c-span3. public affairs evidence from washington directly to you, putting you in the room at congressional hearings, white house events, briefings and conferences and offering complete gavel-to-gavel coverage of the u.s. house, all as a public service of private industry. we are c-span. created by the cable tv industry 34 years ago and funded by your local cable or satellite provider. and now you can watch us in hd. .> a look now at iran the world affairs council of las vegas hosted middle east expert jerrold geen. the coverage begins by describing the current situation with iran and he then introduces the luncheon speaker. this is just over an hour. >> i'm delighted to see you all here. are you able to hear me in the back? excellent. >> can you make it louder? >> louder? really? ok. i will

finance committee. let's listen. >> the vulnerable, the struggling americans who deserve better health care.mpact on the lives of everyday people is getting lost. i know this because i hear their stories. as i'm sure many of you do. we do have a team of experts working on an aggressive schedule so that the consumer experience on the web gets better every day. and as the chairman has said, by the end of november we are committed to having the site working smoothly for the vast majority of users. while we don't have the fully functioning system yet that consumers need and deserve, we do have a plan in place to identify, prioritize and manage the remaining fixes across the system. we have reinforced our team with dozens of key personnel from both government and the private sector, including respected expert engineers, technology managers and software developers, designers and analysts from companies like oracle and redhead. they are helping diagnose problems, making quick decisions with developers and vendors to analyze, troubleshoot, prioritize and resolve issues in realtime. as this work cont

guest: why doesn't the holy see encourage american leaders to go to the source of extremism, which is the saudi government that finances terrorism and extremist schools all over the world? guest: that's a great comment. you need to read my book. moreholy see has spoken up clearly and aggressively than most elected officials about the impact of the sunni shiite, the intractable hatred and lies in the schism between sunnis and shiites as well as the wahhabism spreading too hereto for secular areas of north africa. we are reaping the fruits now of .0 years of radical madrasahs it is a serious problem. it is a serious problem to try to reconcile the sunni-shiite situation trade that is one of the reasons the holy see -- si tuation. that is one of the reasons the holy see -- caller: hello. gentlemanering if the could tell me whether he thinks that pope francis, who seems to be very progressive, will he granted audience with a group of native americans who have been trying to get an audience with the appleoncerning rule that was declaring -- papal ale that was the clearing right for taking over their lands because they were

however, while high income americans have a better feeling about their finances in the moment right now, they don't necessarily share the financial optimism of those of lesser means. now, those with a little on optimism talking about improving, you know, that is from a relative perspective. they might think it has to be better because it's tough where i am right now, but it speaks to the lack of confidence of those who are achieving in terms of looking at improvement of their finances in the near term future. again, focusing on the group of 50k plus households, full-time degree, 50% of the group say their personal finances are in excellent or good shape. only 36%, however, say that their situation will improve in the next year as opposed to 39% of the sample. again, if you look at those three columns in the center, while they are the ones who are most confident about where they are today, they are also the ones who have the greatest drop off in terms of where they will be in the next 12 months, and, again, you know, those with the greatest optimism are 50,000 a year or less, and nay hav

american liberty league. that was successful because they have unlimited amounts of money. there were so popular, they were not able to stop it. they began to finance right-wing think tanks. they have been successful to the university of chicago economics department and notable fraud such as milton freed man. the idea of neoliberalism is there should be massive, selective tax cuts. margaret thatcher it is there is no alternative. of course that's absurd. there was an alternative. we have to connect the dots to understand what is going on today. i read the chronicle. so what i've done is put together a montage of the murder of public sector, which is going on everyday. in fact all of the public sector is in body shape. public libraries, parks from the municipal to the national level. our character is among the worst in the world. the new deal deals with things in a different way. when i was going to school, california school's were the best. now they are among the worst with the new budget cuts. of course, my university is being privatized. all of the higher education is being privatized. all through the uc system. how do you run a modern state with

finance. >> and if you know this and you need young americans to sign up for this, why was it written in the law to allow everybody to stay on the plan until 26? you need 21 and 26 years old to make the math work? >> absolutely. the whys go on. one can't imagine why you would spend $1.8 trillion to provide coverage for folks who don't have that coverage. this administration got obama care in addition to lying about keeping your doctor and insurance and basically saying that this was going to reduce premium costs and the inverse is happening. this administration has 0, credibility on obama care and affecting the lame duck president's legacy. network thank you, lou, catch you on fox business. >>> bill, as you know it is election day. listen to the watched races. >> updates on that and>>> serious concerns for the american pastor in iran. his life is at risk after a troubling development in that country. >>> here on the left side medicare chief testifying before the senate today. tomorrow hss kathleen sebelius's turn and then what they want to hear. >> i personally shared with the secretary in s

no one has really spoken to the resentment and frustration that americans have of what happened five years ago. small donations to finance their campaign so there's a real gap here. and there is an open for republicans and some republicans are starting to take that seriously. you have people like david vitter who i disagree with vehemently on most issues, but he has worked with sherry brown on some very important pro reform things like raising capital requirements, which is basically saying that things can't operate on so much borrowed money. >> in the world or regulatory news, today was actually a big important day, because the president named a new chair for the commodities trading commission, which is just a jumble of letters, but basically is the relatively small entities that stands between us and the precipice, i mean really, if there's one regulator who's going to keep us from plunging into something as horrifying, destructive and terrible as what we went through, this is that body. >> that's right and i think we have a real danger here, because we have gary ginsler and i like to liken him as the superman of the f

and make a pledge to the american people that they are going to go with public financing of campaigns how else you would ever get the lobbyists out of the way. next question comes up from ephri ephriam. will former president clinton's suggestions on the affordable care act hurt hillary with obama voters? i don't think so. but i think there is a very interesting dynamic playing out right here. i don't understand why president clinton would pick a negative and throw it out there or say that adjustments have to be made when it's all about standards and making the bill better. is he giving hillary clinton a little wiggle room if obama care were to fail? maybe so. but i do think that there is such a big split in this country politically, and there's a lot of liberals, there's a lot of aggressives, there's a lot of centrists who are thinking we can't have those nut jobs in. they're going to vote for hillary. that's the way i would call it. that's the way it's polling right now. so i don't think that president clinton's comments on the affordable care act would hurt hillary in any way. still

secretary that what would you say to the american people to give more americans confidence in the privacy issue? >> pat robertson is on the financeommittee he joins us. nice to see you, sir. >> thank you, greta. good to be back. >> secretary sebelius saying it's possible a navigator could be a felon, that question shouldn't be much of a surprise to her. i have a june 20th, 2013 letter from you and it actually says asks about a convicted felon and you also wrote in october of 201? >> wrote it both times and she has yet to respond. i'm very glad that senator cornynuestion. she did respond. and there is no federal requirement or backup with regards to any background checks. so it could be a convicted felon and, yes, then you have to wonder would that convicted felon use that personal information? doctor has to take an oath. they have to really protect by that oath and by law all of the patient's information. apparently that's not true for the navigator. >> did secretary sebelius say anything to indicate her distress at this vulnerability or that they were working on a solution or doing anything? >> well, that was the last question,

finance. or are they the cultural heroes where african americans have had such a stunning coribution?, my ultimate heroes are my parents. cornel west and i had a conversation once we talked about the absurdity of our parents. i was born in 1950, cornell was born in 1953, but our parents never made us el that there were limits to our imagination, limits to what we could achieve. think about that. and i was born four years before "brown v. board" and they never made me feel that i couldn't be a doctor or couldn't b a lawyer or whatever it was that i wanted. that takes a kind of special person who understands about deferred gratification, who believes in the future believes in the coming generations and knows that they have to propp theirhild, give them armament against the forces that would seek to delimit them or hurt them because of their race or color more to the case of jewish people becse of their religion. so it's that generation that are my heroes. then when i think about the slaves the other thing i was talking to tavis smiley and he says what would give our people hope? not the