i went to my only other bank where i have a personal account, citibank, and citibank told me i could not submit the application because it didn't have a business account -- because i didn't have a business account. so i have no way to apply. person, mr.he sba hunt, while back, i wrote to him, called him, didn't your word. tried calling my senator, a whole process which i going to try to do to see if they can help me. i would like to know where i can apply. this is another problem with the program,? -- with the program. a lot of banks are no longer accepting application because they have to determine forgiveness and don't want to go through that process. so i would go to a community bank and ask if they are accepting application. if not, a number of online lenders are. we have a list on our website, but we have heard of people getting loans, quicken, paypal, cabbage, they are doing a lot of loans, especially for smaller companies, and they are set upi would encourage you to k for online lenders. some are lending money themselves. some are in partnership with a bank. some of them have

i went to the only other bank where i have a personal account, citibank. citibank told me i couldn't submit the application because i did not have a business account. so, i have no way to really apply to. i did call -- c-span had the sba person, mr. hunt, a while back. i wrote to him, i called him, i did not hear a word from him either. i tried calling my senator. there is a whole process to sending an email, which i'm going to try to do, to see if they can help me. i just would like to know where i can apply. guest: this is another problem with the program. i am glad you brought it up. a lot of banks are no longer accepting applications, because they are the ones who are going to have to determine the forgiveness, and they are starting to realize how much work that is. you do not have to be a customer of a bank, or currently, to submit an application. so, i would go to a community bank near you and find out if they are accepting applications. if they are not, there are a number of online lenders that are. guest: the idea is that it will be forgiven. they

you talk about dividend yields all the time if you like dividend yields, why wouldn't you own a citibank and sell calls every month, collect your money and whatever dividend yield they pay on top of that, even without performance from the stock at all, if it just sits here, you're going to take in nearly double digit yield against that position so that's where i don't really understand it. i'm not nervous necessarily to the downside i don't necessarily see a huge upside but if i can sell calls against this every single month, and collect a dollar at the end of the year from each one of those, and i collect $12 on a 30 plus dollar stock, i think i'm going to do pretty well in terms of my dividend yield >> i understand you selling calls, but you're basically telling me and the whole world when you do that, your investment in the core equity is dead, you're never going to get called away. you're going to get the option value and the stock sits dead. i'm telling you there is other places to put your capital work and a chance for capital gains i feel sorry for the banks money centered banks a

seizure of venezuelan assets from citibank that were given to him quite know and his opposition group. there's a lot of things that don't add up here but the the one is that the opposition and the u.s. government can wash their hands clean plausible deniability we were not involved but had this succeeded big would be the 1st to be taken credit for had this succeeded they would be the 1st ones are marching on need a flow. the presidential palace trying to assume the position of presidency so again we see the create the conditions create the climate in which something as is concocted is this can actually take place and wash their hands in clean clothes will deniability well we know that from john bolton to mike bump able to get abrams the one by you go into the right wing opposition that they represent this is been always an avenue that they sought to smuggle they seek divisions within the military they saw in the past an insurrection in april 21000 and they continue to push these directionless approach instead of accepting negotiations and looking for peaceful solutions within the coun

for using that as well as money from citibank. well i think the opposition is good at spending money that's not there it is actually our taxpayer money that they're spending there's also some speculation as to whether the large u.s. business. interests are involved in this maybe they're hoping to get a big chunk of the action when it's overthrown but which probably won't happen but let's not forget the unintended consequences of u.s. interventions foreign policy is that this bungled attempt actually makes me look a lot better certainly to his own to look through it here's a guy who could take care of these these yankees coming down to overthrow our government here's a guy who can protect us so once again we actually have the opposite effect a new approach have the opposite effect of what they claim to be doing if there wasn't actually real lives at stake and actual blood blood that could be shed this is almost comical daniel we just gotta leave it right there don't you mike adams of the ron paul institute thank you so much. and ot

certainly jp morgan and citibank are vicious in the emfx space. do not hang up the phone.day morning needs to go seamlessly smooth. edward smith. good man. up, boris johnson has mounted a staunch defense of his senior aide amidst angry demands from across the political spectrum. just fire the advisor for allegedly breaking the lockdown role. bloomberg surveillance, simulcast on bloomberg radio and television at 12:00 p.m. london time. bloomberg surveillance. 12:00 noon tuesday. don't miss it. ♪ manus: this is "bloomberg daybreak: europe." boris johnson launches a staunch defense of his senior aide dominic cummings after he allegedly broke lockdown rules. -- u.k. prime minister has minister traveled well he was supposedly isolating for coronavirus symptoms. >> i think he followed the instance of every father and every parent. i do not mark him down for that. i believe in every respect, he has acted responsibly and legally and with integrity. it comes as britain's chancellor has authorized a plan phase strategically important companies. the government would rescue any compan

morgan, bank of america and citibank also and i am starting to look a little bit at german financials which obviously have had just a very, very difficult run, but -- some of them are trading really like options at this point. like which one >> that really caught me off guard. german financials. i didn't think those two words would come out of your mouth in that combination >> they rarely do, actually. so a deutsche bank, a commerce bank i'll look at that. i haven't done anything yet. i don't have positions there, but clearly we've seen how negative rates can hurt banks, right? those are two examples, but they've really just gotten annihilated. they're so cheap the value part of it makes me interested. >> guy adami, i'll go to you so many places to go her. >> hi, mel >> hey, guy. gerard's top pick is bac karen is looking at german financials >> yeah. it's interesting i think karen would agree and i don't necessarily know if a deutsch or commerce bank can be a long-term investment maybe they can, and i've been pretty steadfast in my disbelief and dislike of german banks specifically an

lemonis: this debt is you guys playing high-stakes poker with chase, citibank, discover so that you can have a right to buy a building that you don't own and can't afford that somebody else will finance for you. and if, five years from now, business isn't doing well, whether you'll admit it or not, you don't really care because you can just sell the building and make yourself a couple million dollars. i have to tell you why i'm uncomfortable right now -- you never told me this was a real-estate play. sal: i don't think -- i don't know where you're coming up that it's a real-estate play. lemonis: this is what you just admitted to me -- to keep the business alive so that you can get to this point. i think the challenge that i have, guys, is that my mission is to invest in small businesses, not real-estate companies. i just don't think it's something that i'm interested in. lemonis: you never told me this was a real-estate play. my mission is to invest in small businesses, not real-estate companies. i just don't think it's something that i'm interested in. my main focus is making sure that

citibank is still calling. chase is still calling. the utility company is still calling.hat happens when, in this case, you had to lay off, furlough a handful of employees and let them go and the stress your employees are working under. the community is it able to come together and lift each other up? that's doubtful now. so there's so much left to be seen, stephanie, but it's tough down on main street certainly. >> we're asking landlords to give breaks. they're small business owners themselves in many cases. wes, you're on governor cuomo's recovery task force. what are you going to do? >> well, i think we need to make sure that, as he has said, that we're leading with data. none of this stuff can be political decisions. we know that a lot of the things that are going to come on board are going to be difficult because we have states in our local municipalities that have been so hurt and so cash strapped by this. the other thing that we do know is that there is no rebuilding an economy unless we're also talking about a rebuilding of small businesses and low-wage workers. t

. ♪ >> live pictures of the line citibank on the eat holiday. a rally in asia.ld war between the u.s. and china, a threat going forward. any fallout will be felt in the singapore economy. activity will be impacted. one of the most open economies in the world. down 1.3%. let's get the first word headlines from karina mitchell in new york. karina: china is heading back at u.s. trade pressure. relations between washington and beijing continues to spat -- sour. they restrict access to u.s. technologies. the expansion includes companies and universities have administration says has ties to the chinese military. the hong kong leader says china's proposed security law for the city does not threaten the law that has been in place since the 1997 handover. she condemned the return of anti-beijing protesters to the , saying that the majority of people in hong kong support china's move. she attacked foreign politicians who criticized the new law. legislation on national security is always a matter for the central authorities. politicians who are making such comments probabl

citibank told me i couldn't submit the application because i did not have a business account, so i haveway to really apply to it. i did call -- c-span had the sba person a wild back. i wrote to him, called him -- i did not hear a word from him either. i tried calling my senator. there is a whole process to standing in email, which i will try to do, to see if they can help me. i just would like to know where i can call in. guest: this is another problem with the program. i am glad you brought it up. a lot of banks are no longer accepting applications, because they are the ones who are going to have to determine the forgiveness, and they are starting to realize how much work that is. you do not have to be a customer of a bank, or currently, to submit an application. i would go to a community bank near you and find out if they are accepting applications. if they are not, there are a number of online lenders that are. we have a list of them on our website, inc.com, but i can tell you we have heard, still, people getting loans from intuit, they arepaypal -- doing a lot of loans, especially f

citibank is looking to establish satellite offices in the new york suburbs.is fate having more than half of its -- doesn't anticipate having more than half of its staff in the office. [indiscernible] -- the office. as people will probably work more from home now, i think people are worried about their physical space. i think what we are seeing, a trend a little bit away from urbanization and towards the suburbs, i think that is only accelerating now. shapiro, whos tom invests in a lot of rental homes outside the city to take part in this dear urbanization trend -- this de-urbanization trend. coming up, more on the fed's message and the structural changes within the job market, initial latest read on jobless claims. this is bloomberg. ♪ staying connected your way is easier than ever. you're just a tap away from personalized support on xfinity.com. get faster internet speeds with a click. order xfi pods to your home in a snap. or change your xfinity services with just a touch. all in one place. you're only seconds away from all of that on xfinity.com. faster th

meanwhile, citibank is saying thanks to its employees.y've been told they can take this friday off. those who have to work will get an extra day off later. that will be your bloomberg -- that is your bloomberg business flash. alix: thanks so much. let's stay on bankers. check out this headline. partners email at pgt that gives an example of how demanding hours can be when you are that world. that we might talk about worklife balance and support for your employees, check this out. someone responded that they were in that the time, and a senior banker suggested this wasn't acceptable, i verily saying, "i sleep average five hours or less. i the same for my peers, especially on livedeals." i can kind of see both sides. you, i'm working, should be working. but on the flipside, we are all working from home, and it is not fun. much more coming up. we are breaking it down. target, what you want to do with the retailers, structural margin changes. ,e will talk to cole smead smead capital management portfolio manager, coming up. this is bloomberg.

and citibank when she received help from family, friends and clients.success until two months ago when she was forced to close her doors due to the coronavirus pandemic. >> i did not grow up with a silver spoon in my mouth so i did not come from a family of money so it was hard to get out there and ask for help. >> she and their salon were side-by-side to promote socializing, but a new floor plan now calls for dividers. she says she misses volunteering at homeless shelters, or sheeter staff would cut here provide other grooming services for free. once per month. >>> at 7:38, a new poll this morning from the washington post rating covers around the country and how they're managing the coronavirus pandemic in their states. the ohio governor mike to wind got the highest approval rating , 86%. he was aggressive moving to close down his state, and he is been cautious about lifting restrictions. andrew cuomo, is the second highest rating, 81%, he was followed by california governor gavin newsom. at 79%. >>> the time is 7:38, democratic presidential candidate

which is available for purchase by cybercriminals and this includes employees at major banks like citibankhase, according to these reports. we know that several companies including google, tesla, even nasa, the uk government, the u.s. senate, taiwan, have banned the use of zoom because of concerns of security. we know that zoom itself and the founder has embarked on this 90-day security plan hoping to beef up security since we have heard of zoom bombing which is also now part of the zeitgeist as well since 300 million active daily participants are on a zoom meeting so zoom has a lot to i guess repair for in terms of security but that still hasn't stopped the stock which is up 5% today and doubling so far this year. stuart: well, like ray wang says, zoom has become a verb. susan: part of the zeitgeist. that's right. you zoom now. everyone does it. stuart: susan, thank you. some counties in pennsylvania say they have got to follow their own lead to reopening, regardless of what the governor has to say. they are ready to go back to work and it looks like they are going to actually do it no ma