. >> douglas o'neill joining us from charles stanley.he two companies are negotiating a potential deal. the chief executive of glasgow -- glaxosmithkline. company has no such plans in the near term. suppliern automotive is said to be working with citigroup on an ipo later this month -- later this year. they could be the largest ipo in germany this year. a nine-month strategic review comes to a close. what does it reveal? find out. ♪ good morning, everybody. welcome back. we are live on bloomberg television, streaming on your tablet, your phone, it and bloomberg.com. raceop of the red bull air in poland. spectators. check this out. blood, the fairmount of -- a fair amount of blood rushing to your feet and that kind of a situation. it really is exactly like the disney films laying -- playing. ferro, take me away. >> a busy week. the fed decision on wednesday. losses friday, a mixed session in europe right now. daxtaxes that flat -- the is dead flat. asian equities saying mrh. .- meh it youu.s. and europe, will need some strong earnings. re

we have vincent reinhart from morgan stanley, after fed meeting and after charles plosser's dissent.my. formally with craft international, this guy resurrected oreos in china. one of the great brand managers in the world. looking forward to it. hans, thanks. -- tom andmixing up hans. looking forward to the show. group fell.est we just sat down with the company's chief executive, this is what he had to say about the default situation in argentina. >> we expected this, i am sorry to say. our operations have been fully depreciated. they're basically written off. it is a sad situation in argentina. we believe this is going to go on for some time. -contained, argentinian base. are completely self sustained in argentina. it is now i totally regulated system. we do not see a particular impact on us. weis time for argentina, have physically taken our measures a year ago. >> we also asked about the impacts of what is happening and rash on his business. russia on his business. we do notsian assets, see an related issue on operations. these are things we monitor closely. we are very concerned t

this is charles who i showed earlier when he had more hair was dr. stanley collins. he was the head of the bermuda station and he had a lot of success in catching german spies. here they are again. older picture from '44. i am not showing you this, not to read everything, but to show you the fbi was on the rampage against nazi spies and they cellbrated their successes. the british wanted to keep everything secret and didn't want the stuff to get in the newspaper because people know about the methods and the british want to turn their agents into double agents and you don't want the enemy to know you have them. we were much more straightforward and hoover wanted to send them right to jail. so the last one here has secret ink letter here. and it is just -- you will have to read it. the red says troops are coming to new york next week. so that is the secret writing that uncovered these chilling messages. here is one of the nazi spies to give you an example of someone that dent caught because of the bermuda traffic. this is one of his mugshots on the left. he used pyrami

could call financial services, you know, include charles schwab in there, everything else seems to be moving higher. citi, goldman sachs, morgan stanleyxpress all looking better. i need to get to jeff grossman. jeff, help us differentiate between the august contract of oil, we just flipped over to the suspect contract, and -- september contract, and i personally noticed september is a bit lower here. so what does that mean, that we're going too fall, the colder months certainly, and yet oil is pulling back? >> well, again, this is the last day of trading for august, so you really had to throw that out. there's very few people involved. the open interest is minimal, and the market moves around. pretty much free range here. now, it happened to have been there was a bit of a squeeze here for some of the shorts at the very end of this month, and they did blow out that split. the truth was september was a better indicator of where we are for the last couple of sessions now already, and it's working its way lower. if you look at it, it had a nice bounce off of the lows that took place last week which i took my bows about, and -- [laughter]

charles peabody will join us. his simple perspective on the treatment of cancer. we'll look at the equity markets, the dow near 17,000. adam will join us from morgan stanley.here past the 4th of july holiday and into earnings season really looking forward to catching up with adam. we've got a lot of other guests as we go to the jobs report. the jobs report is tomorrow not friday. thursday jobs report. >> i wanted to say sorry and i mean it. i'm sorry that the u.s. didn't make it past belingm yesterday. i know they were knocked out of the world cup 2-1. i gather your goal keeper had an amazing game, 16 saves which was a record. but my commizz rations. >> yes. we went further than the united kingdom did. i believe we went further in the tournament. no one knows why this is. but it was a great time. i actually spent it watching with my colleague adam johnson. we had a lot of fun watching it. >> you went further than england did, and never ask me why we didn't go so far because we've been chatting in about 24 hours. it's a long long debate. well done to the u.s. for doing so well. we'll see you in about 20 or so minutes. thanks for being with us. let's move it