that was david foley.antst: sheryl sandberg women to lean in, but according to a new report, they are not necessarily getting anywhere when they do. why women are still being held back in the upper echelons? ♪ scarlet: this is bloomberg markets. i am scarlet fu. time for walk the talk, will be looking at a pressure point of social change in corporate america. hillary clinton aims to defeat donald trump to become the first female president of the net estate. whether you are a critic or an admirer, her ambition is well known and well documented. that is not the case in corporate america, where a new study has found there is an ambition gap resulting in women trailing manion c suite jobs. joining us to discuss this is it seems like the problem is not at the start. when you look at the number of women and nine at entry level positions, it is pretty even. the gap start to widen as you move up the ladder. lareina yee: absolutely. by the end, we see 19% women. what is really surprising is we see the equity -- the

alix: how much premium do you want to pay, david foley at blackstone? y for higher-quality acreage. why can we make money when someone else may not? we will do the technical analysis to discern. i've yet to see someone pitch for an investment when they don't have 20% returns on each well. the truth is somewhat different. amount of substantial work on the geology, the technical assets, discerning how much acreage is in a sweet spot and paying for that. the second deal was in a less mature midland basin. there has to be a little bit of a different view than the vast majority. 20%, do youeturn is need 50% or 70%? are looking at building a business. it is not just the well. getting suckered in on a well is a retail investment thing to do. we want to build a business and put individual acreage parcels together to have development over multiple years. a business that can go public and be attractive to strategic tires. something of substance. we have done deals of no debt. , financial leverage or not? in an environment with low and volatile prices for two years

the person you call is david foley if you need money.k to what is happening in the private equity energy market. it will be a fascinating conversation. you know that is my favorite guest of the day. tom: west texas intermediate really indeterminate. alix steel, thank you so much. the news flowom with humility back to janet yellen's press conference. torsten slok of deutsche bank put out a great chart that need some explanation. this is not something from the museum of modern art. willem buiter knows exactly what this is the gray lines, all that noise, is the future markets at a given point on the x axis. what is the guess that interest rates will do? let me count through them. wrong, wrong, wrong. wrong, wrong, wrong. blue, and white -- the recent wrong, wrong, wrong. it comes down to confidence in the crystal ball as we stay at the yellow zero bound. when is the charade going to end? willem: when either we get a market fiscal stimulus, or central banks recognize their ability to boost aggregate demand and achieved even a modest 2% defla

vonnie: david foley is sitting on a $5.5 billion he has to spend on energy in the next four years.ployed nothing in 2015. this year, he has committed more than $1 billion in the permian basin and is buying power plants from american electric power. earlier today he was asked what the recent opec agreement means for his future investments. it was an agreement to study it and come back in november. also notable for what was not included, the carveouts of libya and nigeria were important. libya can bring a lot of incremental production, over one million barrels a day. russia was not involved. i think there is a lot of potential barrels excluded. it is easier to talk about a freeze after you have raised production to its max. one reason they could not do this in november 2014 was because they had a lot of spare capacity. the gulf states have increased production by 3 million barrels a day. it is easier to negotiate a freeze when you don't have to hold at a level that is much below your effective maximum. >> you are skeptical. for your investment, does that change what you are able to b

. >> august 12th, 2012, amateur race car driver david foley gets the starter's green flag.e of adrenaline. >> i've always been an aggressive driver and like to drive fast. >> jeremy is a rookie at the pike's peek international hill climb. 156 hair-raising turns up a 14,000-foot mountain that would give any driver goosebumps. >> it's indescribable. >> cameras mounted inside and outside jeremy's car are recording every second. >> i think it's known actually that being one of the most dangerous races in the country, probably the world. >> jeremy's girlfriend is 3,000 feet up the mountain where it's cold and been drizzling on and off for the past hour. >> we can actually see most of the tracks, so got a pretty good spot. >> in the thin air at 12,000 feet, the time trial is going well. seven minutes in and three to go, jeremy and his co-driver are on pace to finish in third place. jeremy down shifts around a hair pin curve. and then accelerates. this section of the course is called devil's playground. it's about to live up to its ominous name. jeremy drives 80 miles an hour into

you go to david foley of blackrock or robert santangelo of credit suisse.anker for energy equity offerings so far this year. robert, great to see you. thank you for coming. we have oil off by 2.5%. how long has the rebalancing been pushed out? robert: i think the rebalancing is likely pushed out another six months. equity investors do not look at this on a day-to-day basis much as quarterly and midcycle. i think the question is one of timing. i think if you look at stocks in our group, they price a midcycle price. they are certainly volatile in the medium-term. i think people expect some time 2017 you see the market rebound. alix: where you deal price, if you look at equity issuance over the past year, about $20 billion, it has been going up as oil prices came down. he had a chart that showed this. that was not the expectation. the expectation was capital markets would rebalance. shale was going to turn off. added this end up happening? case studyis a great in markets recapitalizing companies that have solid business fundamentals. questioned ate the 2014 op

david fodor michael n. fodor stephen mark fogel thomas j. foley jane c. folger david j. fontana chih min foo delrose e.tham godwin forde donald a. foreman christopher hugh forsythe claudia alicia foster noel john foster sandra n. foster ana fosteris robert joseph foti jeffrey fox virginia elizabeth fox pauline francis virgin lucy francis gary jay frank morton h. frank peter christopher frank colleen l. fraser richard k. fraser kevin j. frawley clyde frazier, jr. lillian inez frederick andrew fredericks tamitha freeman brett owen freiman peter l. freund arlene eva fried alan w. friedlander andrew keith friedman >> and my late let -- wife, laura lee. you, we think of you mom, day, we love you, dad, jeff, craig and me. livecans, one day we can in peace. maybe one day we can all live as one again. >> and my father, port authority police officer nathaniel. you are missed and loved more than you will ever know. you will always be my hero, daddy, and now i get to share you with everyone. [applause] andrew keith friedman paul j. friedman gregg j. froehner lisa anne frost peter christian fry clement a. fumando

david fodor michael n. fodor stephen mark fogel thomas j. foley jane c. folger david j. fontana chih min foo delrose e.donald a. foreman christopher hugh forsythe claudia alicia foster noel john foster sandra n. foster ana fosteris robert joseph foti jeffrey fox virginia elizabeth fox pauline francis virgin lucy francis gary jay frank morton h. frank peter christopher frank colleen l. fraser richard k. fraser kevin j. frawley clyde frazier, jr. lillian inez frederick andrew fredericks tamitha freeman brett owen freiman peter l. freund arlene eva fried alan w. friedlander andrew keith friedman >> and my late wife laura lee fazio. we miss you, we think of you every day, we love you, mom, dad, jeff, craig and me. imagine one day we can live in peace. maybe one day we can all live as one again. >> and my father, port authority police officer nathaniel. you are missed and loved more than you will ever know. you will always be my hero daddy, and now i get to share you with everyone. [applause] >> andrew keith friedman paul j. friedman gregg j. froehner lisa anne frost peter christian fry clement a. fumando s

foley. >> mary wyman. >> jeffrey david weiner. >> william j whitman. >> allison marie wildman. >> glenn e brian patrick williams. >> candace lee williams. >> crossley richard williams jr. >> david j williams. >> david lucian williams. >> gabby l williams. >> duane williams. >> kevin michael williams. >> louis anthony williams. >> lewis calvin williams the third. >> chief john p williamson. >> donna and wilson. -- donna n wilson. david harrell winston. >> glenn. >> thomas francis wise. >> allen. >> frank. >> david whiz wall. >> charlotte weiss. >> markle wittgenstein -- michael wittgenstein. catherine susan walsh. -- wolf. >> brent james woodall. >> james john woods. >> marvin roger woods. >> patrick j woods. >> richard would well. john bentley works. >> martin michael. >> rodney james walton. john w wright, jr. sondra wright. port authority paul jurgens. my brother, thomas edward jurgens from the new york state court office. the whole family misses you and those you did not met -- did not meet. your heroic actions are spoken of often. your life is memorialized by hours. we love you each e

david fodor. >> michael n.fodor. >> steven mark fogle. >> is thomas j. foleyohn foster. >> saun dra n. foster. >> robert joseph foddi. >> jeffrey fox. >> virginia elizabeth fox. >> pauline francis. >> virgin lucy francis. >> gary j. frank. >> morton h. franks. >> peter christopher frank. >> colleen l. frazier. >> richard k. frazier. >> kevin j. frauly. >> clyde frazier jr. >> lillian fredricks. >> andre fredricks. >> tamitha freeman. >> brett owen freeman. >> arlene eva freed. >> allen w. freelander. >> and my late wife, laura lee fazio. we miss you. we think of you every day. we love you. mom, dad, jeff, craig and me. imagine one day we can live at peace. maybe one day we can all live as one again. >> and my father, port authority police officer nathaniel west, you're missed and loved more than you'll ever know. you've always been my hero, daddy, and now i get to share you with everyone. [ applause ] >> andrew keith freedman. >> paul j. freedman. >> greg j. foreigner. >> lisa ann frost. >> peter christian frost. >> clement fromonda. >> steven elliott fuhrman.