david: right.rles: similar, in our case, we think we will do very well offering our services free for transactions, and that's the commodity part of the business. the rest of us, we give people, if you need help and advice on different kinds of things-- managed accounts, banking, all those kind of things-- but the fundamental service we want to provide is free. david: ok, so i shouldn't worry about chuck schwab and not making money because you're giving -- charles: you should not worry about it. david: ok. charles: we actually are giving up 4% of our revenue in that decision. david: ok, so for those who don't really follow this, you started as a discount broker where you were givg lower commissions than the standard rates were before. today, you've become a conglomerate, in effect, in the financial service world. you have about $3.7 trillion of assets under management, so you make your money on other financial services, is that correct? charles: correct, but, you know, one of the things, i-- we are

>> do you know david camm? >> no. >> you ever met david camm?ou remember the murder of david camm's family? >> on television, yes. >> do you know where david camm lives? >> only on television. i don't even know what his address is. >> reporter: the interrogation went on for some 12 hours with boney sticking to his story. the detectives released him with a warning. >> make no mistake about it, if anything else links you to it, you're done, stick a fork in you. >> now see that would normally worry me. i wasn't there. >> reporter: then, two weeks after letting boney walk, there was something else. something big. >> "early, uh, yesterday morning, i was notified of some uh additional scientific evidence, uh, that linked mr. boney to the, uh, to the homicides." >> reporter: the prosecutor revealed that a palm print found on the exterior passenger side of the bronco doorframe was left there by none other than charles boney. investigators had been aware of the palm print for more than four years but only now did they know whose it was. boney was hauled

david: yeah. that this pandemic has revealed or uncovered is liberal hi hypocrisy. their claims to being great libertarians for being open everything, but when push comes to shove and there's a disaster they're confronted with, we see these authoritarian, knee-jerk reactions all over the place. isn't -- hasn't that revealed something to the american public about the way they operate politically? >> yes. so what happens is when government realizes that they can do things and expand because of a crisis, the number of crises becomes unlimited. and9 what the democrats have notoriously done time and time again that, you know, when i spent eight and a half years in congress, and i finally -- i fully digested this and wrote this book because i want people to be, i want this situation to be ill human may noted. i want them to understand. yes, covid is a big deal and there are things that have to be done, but they took that disaster and that crisis, and then they started leveraging it for things that have

david: okdavid: -- david: ok. you have 30 restaurants, you are also teaching at harvard in food and other things. pretty nice life. you're going to build an even bigger business empire, and all of a sudden, there is an earthquake in haiti. so why did you decide to walk a little bit away from your restaurant business to go feed the people in haiti? you are not haitian. nobody asked you to do this. what propelled you all of a sudden say you were going to feed the people of haiti that do not have any food? jose: i have to almost go back 28 years ago when i arrived in d.c. i was able to go to an first. organization called d.c. central kitchen, the best fighting hunger organization that i know. we were able to take people off the streets, ex-convicts, put them in a place of possible success. we train them to be cooks. in the process, we get food that is about to be thrown away. we put everything together and we give opportunities to people and feed people at the same time. brilliant idea. i saw the power of food to cha

david david i hope you're right. why there is a facebook boycott campaign in australia. >> well, because they blacked out all news sharing in the country. that was the nuclear option that facebook chose in reaction to a new australian law that would force social media giants to pay for news content that they shared on their platform. now, google said that they would pay, facebook said no, and they said they were backed into a corner. reaction to this in other countries like canada, for example, said they are also looking at a similar law, and if facebook tried to do the same thing by block out news, canada would swipe facebook. we'll be hearing from zuckerberg again next month joined by jack dorsey. and also headlines that just crossed, it seems like -- it looks like these three companies will be working with the white house in order to tackle covid misinformation according to reuters' reporting. no specific ideas what they'll be doing, but they'll be on capitol hill in front of, again, testimony in front of congress

♪ david: this is my kitchen table and also my filing system.ver much of the past three decades, i have been an investor. the highest calling of mankind i have often is private equity. then i started interviewing. i know how to do some interviews. i learned how leaders make it to the top. >> i asked him how much he wanted. he said 250, i said fine. i did no due diligence. david: you don't feel inadequate now because you are only the second wealthiest man, right? a man who has almost single-handedly built the largest private company is charles koch. he is well known for his political interests, and his passion is his company, his family, and his philanthropic interests. at 85 years old, he is still going strong. today, i will have conversation with two authors. when is charles koch, a well known businessperson, and the other is the head of a foundation. charles and brian, thank you. charles, you are 85 years old, and most 85-year-olds are not writing books about entrepreneurship or philanthropy. they are doing other things. why did you decide you

david: you are not intending to take a public?: no, we could not have done what we did if we took it public. david: i don't know your company really that well, it seems to be in the oil and refining business, a lot of technical things, but the biggest acquisition was georgia-pacific, and when i read that, i asked what are they buying a for -- a forestry company for? that worked out extremely well, from reading newspapers. what was you thinking about georgia-pacific? i was curious as a business matter. charles: what drives us and has made us successful is we started by understanding and applying the principles of human progress, then, took those and codified them into a management framework, then we use that to create virtuous cycles of mutual benefit, which starts with building capabilities that will enable us to create value for others, so we never considered ourselves industry bound, but capability bound, so we are constantly trying to build new capabilities that will open new opportunities, and then when we get a new opportunit

david: my hair is dark, but by i dye it gray.ow does somebody need your organization to help them give away the money they already have? what do you do for them that they can't do for themselves? brian: as effective as individuals can be on their own, we can have a greater impact when we combine our resources. one of the issues we worked on a lot is criminal justice reform. criminal justice system, which is full of terrible tragedies, has been stuck in a rut for at least a generation. there have been a good attempts to make progress, but they were nearly focused. -- narrowly focused. the breakthrough happened when we combined programs, and that combination allowed us to make some real progress. david: let's talk about racial-related related issues. the black lives matter's issue has brought racial inequality to the forefront. how has your company tried to address this? charles: not only the company, but our views on this is we welcome this conversation about that, about racial inequalities. today, it is a case of the sins of the

david? david: it's horrible and a lot of them, most of them i think it's fair to say have jobs they have to worry about and of course they can't go to those jobs if they have to deal with their children at home. it's a terrible situation. mike, thank you for your reporting. appreciate it. well an incredible story publish ed today by time magazine , offers insight into the orchestrated effort between wall street and the radical left and big tech and more to remove president trump from his office. the piece is titled "the secret history of the shadow campaign that saved the 2020 election. " in it, time gives a detailed account of what it calls a conspiracy between groups like the u.s. chamber of commerce, the american federation of labor , facebook, and other organizations that had ties to leaders of the black lives matter movement, all to make it difficult for president trump to win re-election. practically impossible, time described those groups as "a well-funded cabal of powerful people acr

david: i have something i would like to sell.ou don't feel inadequate now because you are only the second wealthiest man, right? a man who has almost single-handedly built the largest private company is charles koch. he is well known for his political interests, and his passion this company, family, and philanthropic interests. at 85, he is still going strong. today, i will have conversation with two people. one is a well-known business person, and the other is the head of a foundation. charles and brian, thank you. charles, you are 85 years old, and most 85-year-olds are not writing books about entrepreneurship or philanthropy. how did you decide you wanted to write another book? charles: we started the research 60 years ago with these ideas. then i started writing it five years ago. my gifts, mainly in abstract concepts, math, other concepts. the book was mainly theory and history. in the meantime, under brian's leadership, we were using these ideas to empower more people to show how it works and transforms people's lives. i sa

david: you, charles, are 85 years old. most people who are 85 years old -- why did you decide at this stage that you wanted to write another book with brian? charles: i started out with this book and ideas -- the book was mainly about theory in history. it was not measuring up in the meantime under bryan's leadership and staying together, we were using these ideas to empower more people to show how works today and transforms people's lives. i said at the end, i said, "brian, i do not have a book that i believe will do what i want. you need to come in and help me finish it, get it restructured. ," and that's what he did. the reason why i wrote it, and i started on it five years ago, is because i wanted everybody to have the benefit of the ideas that transformed my life and allowed me to change and do things that i thought were entirely impossible. those were the ideas of -- that i call "the principles of human progress." everyone has things that they can offer and they will do if they are empowered to do so. david: and my w

david: and how they stay there. you don't feel inadequate now being only the second wealthiest man in the world, right? one of the world's he owns and operates 30 restaurants around the united states he also operates world central kitchen, something he helped start to feed people in times of great distress around the world, and incredible gesture for which he has been nominated for the world these price. he is also a great chef at his own house. i have eaten at his house, and i can tell you, there is no better meal you can have than eating at the home of jose andres. i'm here with jose undress, the world famous and world-famous humanitarian. we are doing this in a very unusual place, my kitchen, which i suspect is not used quite as well as your kitchen. thank you for coming to my house in bethesda and to my kitchen. >> thank you for having me. it is an honor to be here, really. david: yesterday, i was at your house, and you cook me a terrific meal. i have been to your house a number of times. one thing i don't know

david: yes.onis: i feel like with the right training i made a business out of my passion. i mean, who doesn't love obsessing over network security? all our techs are pros. they know exactly which parking lots have the strongest signal. i just don't have the bandwidth for more business. seriously, i don't have the bandwidth. glitchy video calls with regional offices? yeah, that's my thing. with at&t business, you do the things you love. our people and network will help do the things you don't. let's take care of business. at&t. life doesn't stop for a cold. [man] honey... [woman] honey that's why there's new dayquil severe honey. it's maximum strength cold and flu medicine with soothing honey-licious taste. dayquil honey. the daytime coughing, aching, stuffy head, fever, power through your day medicine. how great is it that we get to tell everybody how liberty mutual customizes your car insurance so you only pay for what you need? i mean it... uh-oh, sorry... oh... what? i'm an emu! no, buddy! onl

david: very good. jose: hey, you want to invest in a restaurant? david: ok, if you're the chef.e: ok. boom. ♪ ♪ emily: a year ago, the pandemic crept into the u.s. after taking a devastating toll across the globe. the early u.s. outbreak was centered in washington state, just miles away from microsoft's headquarters. there, ceo satya nadella made the call that a significant number of the company's 168,000 employees could work from home. now, his focus is shifting to keeping employees not just safe, but engaged with the rise of microsoft's chat product, teams, and a new offering, viva.

david: very good. jose: hey, you want to invest in a restaurant? david: ok, if you're the chef.e: ok. boom. ♪ caroline: following a year of unprecedented disruption, 2021 holds the promise of global turnaround. >> we are not going to broaden the economy until we have a safe economy. >> we have got to get enough to protect as much of the population as we possibly can from the health crisis, we have got to get the economy moving again. caroline: with a global vaccination campaign pushing back against the pandemic. >> the u.s. has promised to 100 million doses in the first quarter.

jose: -- david: ok.eaten fried rice all over the world for many years, and this is the best. [laughter] jose: boom! ♪ >> a major disaster declaration. >> millions without power. >> this is probably going to serve as a reminder that they need a more balanced system. >> texas goes dark and millions of people lost and millions of people lost power. how to prevent it from happening again. >> some of the blame, but -- do not pinpoint renewables. >>

david? david: hillary, thank you very much.oining me now from cpac is florida republican greg steube. congratulations, congressman, for this great conference in your own home state. you're busy down there, but are you ready, are you prepared right now to vote on this covid bill by remote? >> yeah. i mean, we're calling this pelosi's progressive wish list. it's not a covid package. only 9% of this actual $1.9 trillion actually goes towards covid relief. you've got bailouts for states, blue states and blue cities, you've got subsidies to illegal immigrants, you have a whole bunch of things that are completely unrelated to covid that are in this bill. and that's why i hope you're going to see every single republican stand in solidarity against this bill today which is against everything we've done on covid-related legislation for this entire past year. everything has been bipartisan when trump was president for covid relief. so i hope we'll see all the republicans stand against this. only 9% of the bill actually goes to covid reli

david: an egg? oslove eggs. david: ok. jose: i love eggs. fried egg is the most complex thing in the history of mankind, to fry an egg properly. those people that will control the power to fry an egg is the people that have the power to do anything else in life because it is the ultimate thing in life to know how to properly fry an egg. david: so around the world, there is a ratings system of great restaurants, a michelin guide. do you pay attention to that kind of thing? is that important to you, the michelin guide stars, or is that not important to you? jose: when i was in barcelona, i would walk outside 1, 2, 3 michelin star restaurants, only so i could have an opportunity to have a glimpse inside. because my family would not take me. they were expensive restaurants. i still remember that my heart was kind of bumping the first time i came into a michelin star restaurant. in the kitchen. not even to eat. to imagine myself 35-plus years later, obviously, i have two restaurants with two michelin stars in l.a. and miami. the l.a. one is alrea

david: was it difficult for him to do? gov. hogan: it really was, david. learned a lot about integrity and public service for my dad and that moment i was proud of him for was a difficult decision, he was the first republican in congress, the first on the house judiciary committee to come out for nixon's impeachment, the first to say that publicly. he was the only republican in congress to vote for all three articles of impeachment. it was a defining moment for him, a very difficult thing with a lot of people angry. i think history remembers him well. you know, my dad was running for governor of maryland in 1974. he lost the race due to that vote. republicans were angry with him. so, when i was sworn in, elected in 2014, my dad happened to be there and i was proud he was around to see it and i said, dad, it may have taken us 40 years but we are finally going to have a larry hogan in the governor's mansion. so i finally fulfilled his goal. david: when you were younger, when you were a teenager, your parents divorced and you went live with your mother in flo

see what david asman can do. what have you got, david. david: i congratulate larry kudlow. he is a great guy. welcome to "cavuto: coast to coast." i'm david asman in for neil. happy presidents' day. the markets are closed, news is coming at us fast and furious. an investigation is showing beijing spread misinformation about covid, more than we ever knew it did. how will the u.s. spend to that? we'll dig into it. an arctic blast rolling through texas, causing rolling blackouts, spiking oil prices. we have a live report on that. in california an effort is underway to recall governor gavin newsom. it is getting a lot more support now. i will talk to an an official at the center of the recall effort. ann dunsmore, rescue california 2021 group. she will be here momentarily. first the top story, china's role in covid-19. a nine-month investigation showed china played a lead role spreading misinformation and conspiracies about the deadly virus. fox news correspondent benjamin hall with all the details. hi, benjamin. reporter: david, this is a damning investigation, and it lays bar

david, the message from dr. fauci was if you can get the vaccine, get it. david?i'd rather have the johnson & johnson vaccine. blake, thank you very much. well, new york governor andrew cuomo's cover-up of the covid-19 nursing home deaths getting worse by the hour. but remember not long ago when he said this, watch. >> the premise of your question is just factually wrong. people lost, people who were lost in nursing homes were lost because that's where the preys. the virus preys on senior citizensment i put -- citizens. i put my head on the pillow at night saying i saved lives. that's how i sleep at nightment. david: joining me now is ranking republican james comer. congressman, at the time that cuomo said that, he was right smack in the middle of covering up the deaths of thousands of seniors who died because of his nursing home policies. was his cover-up criminal? >> well, it appears it could very well be criminal. here's what we know. he ordered thousands of contagious patients to go to nursing homes, then he lied about it, then he tried to cover it up. and any

david: this is my kitchen table and my filing system. over much of the past three decades, i have been an investor, the highest calling of mankind i often thought was private equity and then i started interviewing. i learned how leaders make it to the top. >> ask how much you wanted, he said to 50 and i did know do diligence. david: i have something i want you to invest in. and how they stay there. you don't feel inadequate being only the second wealthiest man in the world now, right? the man who has built the second-largest company in the world is charles koch. his passion is his family, his company and his philanthropic interest. at 85 years old, he is still going very strong. i will be joined by two authors, charles koch and brian. welcome to our show. charles, you are 85 years old and most people who are 85 years old are not letting books about social entrepreneurship or philanthropy. they are doing other things. why did you decide that at this age, you wanted to write another book with brian? charles: i started doing the research 60

david: we need to attract support, so we want that. i have said, my main driver through my life is to believe in myself. and so i have to do what i think is right, what will allow me to fully develop my capabilities and use them to contribute. and so that is what i do, but when we have criticisms, and to me, that is part of the scientific method, a proposition or innovation, and then not go around and find things to support it, but find challenges to it, encourage challenges to find the flaws in it. so when we are criticized and attacked, we look at, what are we doing wrong? and then part of what we saw is that we were approaching it in a partisan way. that is wrong. we have to approach this in a nonpartisan way. david: if president biden called you, what would you tell him he should do and would you be willing to consult with him? charles: i would say we can help you when you are pushing policies that show you believe in people, that you want to empower people, so they can contribute and succeed, and when you have policies that we bel

david: i wish i were. gov.an: [laughs] david: in a gallup poll, many in this country said, about 40%, of americans don't want to take the vaccine. dr. fauci has said, unless you get the 70% to 80% of people vaccinated you do not get the benefits of herd immunity. how are you going to convince people to take it? gov. hogan: i think we are now better than we were when the polls were taken a few weeks ago. there was a miscommunication about some people had the impression it was being rushed in an unsafe way. now people are feeling more comfortable as more information comes out with the change in administration, everyone together saying the vaccine is good, and works, and is important. but it is going to take some convincing. you are right. we have to get about 70% vaccination if we want to stamp it out. you can't have 60% of people saying they won't take it. david: are you ready to announce today that you are running for president in 2024? gov. hogan: that would really break some news. your show would get a lot of

fauci: thank you, david. good to be with you. david: so, dr. fauci, every time we think we see some light at the end they have covid turtle tunnel, we worry there's another train coming at us. i want to ask you to help us understand what we should worry about, what we should welcome and what we don't know enough , about to have a clear view. so let me begin with this issue of the new variants of covid-19. of the new variants of covid-19. you said on friday that these new variants, which appear to be more infectious, maybe more deadly, maybe harder to treat, could outnumber the old virus by march or april. i want to ask how concerned you are about these new variants and about the possibility that they might produce another surge of the virus that will be difficult to handle. dr. fauci: we take them very seriously, david. rna viruses, which sars coronavirus 2 is mutate readily and mutate much better when they replicate a lot, like when off lot of infection in the community. what we have seen evolve over the last few months is something that is no

david: whoa. lauren: it is astonishing, david.had police reform. the mayor said they couldn't respond to calls that didn't involve public safety. they replaced police with trained unarmed professionals. committed $120 million in budget cuts. i gave you the burglary stat. but the numbers in richmond, move motor vehicle thefts. david: carjackings are through the roof. you see videos of the carjackings they're frightening. lauren, thank you very much. another city is in trouble. this probably won't help. chicago officials are taking aim at some of the city's statues. ash, what are they doing this time? ashley: that is not all david, this they have so far identified 4monuments, plaques artworks they say may promote white supremacy, have ties to racist acts slavery or genocide or demeaning characterizations of native americans. now those works include depictions of christopher columbus, george washington, benjamin franklin, abraham lincoln and on and on. residents in chicago can submit feedback about all of this through a newly-launche

: i'm david david: i am david asman in for liz mcdonald governor cuomo deadly infield policies forcingws covid-19 in new yorkn nursing homes one to me as part of our special series your voice american speaking up and speaking out as my friend fox news senior meteorologist janice dean, thank you so much for coming and i know a lot of people know the back story but it t does seem that the mainstrm media feels that governor cuomo has had it not only the scandal but the sexual abuse charges which we can talk about later but do you think he is finished as governor? >> i'm not sure i talked to lawmakers and reporters out in albany who tell me they think this governor is the terminator nothing could destroy him but i will say over thehe last week or so i'm seeing more reporting on this i been covering it for ten months and this is certainly the most coverage i've ever seen up until this point. david: yet he still has notha ce clean on exactly what happened with the numbers he was fiddling with his whole ministry in. here's what he said this monday take a listen. >> we have had request from th

david: awful. congressman david smith, thank you for joining us. >> thank you, sir.r exclusive "evening edit" series your voices. tonight we're joined by sam vehill whose wife was murdered in their own home by an illegal immigrant. his story next. >> i was in the house, and when i -- i heard the horn, the car. and i guess at that point in time is when they shot her. they shot her through the ♪♪ ♪♪ [ engines revving ] ♪♪ it's amazing to see them in the wild like th-- shhh. [ engine revs ] for those who were born to ride, there's progressive. [ engine revs ] (man) i'm a verizon engineer, part of the team that built 5g right, the only one from america's most reliable network. we designed our 5g to make the things you do every day better. with 5g nationwide, millions of people can now work, listen, and stream in verizon 5g quality. and in parts of many cities where people can use massive capacity, we have ultra wideband, the fastest 5g in the world. this is the 5g that's built for you. this is 5g built right. only from verizon. (judith) at fisher investments, we do thing

david: wow. let me conclude by saying -- think you for your time, and -- thank you for your time and everything you're doing versus six -- four civics education --for civics education. one time you and skip gates and i had dinner. the bill came and i said, i could certainly afford dinner for three people. you said, oh, no. you could not let anybody pay for you. you had to pick up the check because you are so concerned that someone would think that someone bought a dinner for you and it was not an inexpensive dinner. i think of that as the timestat. david: hello, i'm david rubenstein and we are here at mount vernon, george washington's famous home and we are here with another famous general, colin powell

david: hello, i'm david rubenstein and we are here at mount vernon, george washington's famous home and we are here with another famous general, colin powell, also a secretary of state. thank you for being here. secretary powell: thank you. david: as we sit in this incredible house, it was thought hundreds of years ago that this association has bought it and now they operated -- operate it. can you imagine how that worked? secretary powell: they did a great job. they have kept the place looking absolutely beautiful. david: i think is probably true. think about this. we have had 200-plus years with men as president of the united states. what if a woman became president? could they be as good a leader? secretary powell: david, that is a sucker question. there's no reason they can't be. we see them moving up, day after day, within the senate, within the house. now we have the vice president of the united states to be. who will say that she will not be president if something happens or she runs for it? we have four-star female generals all over the place. you've got to treat them like they

david. this yorkshire post. it is the story of libby squire. david.— libby squire. david.avid. this is another, all murder- libby squire. david. this is another, all murder cases | libby squire. david. this is i another, all murder cases are horrendous but this is particularly horrendous. it is impossible to conceive — horrendous. it is impossible to conceive with the family of this poor— conceive with the family of this poor girl— conceive with the family of this poor girl libby squire must have got to in the _ poor girl libby squire must have got to in the long period of time it took— to in the long period of time it took to— to in the long period of time it took to find her body. the only thing _ took to find her body. the only thing i— took to find her body. the only thing i would observe is you just find it— thing i would observe is you just find it impossible to conceive what drives _ find it impossible to conceive what drives in _ find it impossible to conceive what drives in this case a guy who was a butcher— drives in this case a guy who was a butcher needless to

david: i wish i were.hter] david: many in this country said, racing gallup poll -- a recent gallup poll said about 40%, don't want to take the vaccine. dr. fauci has said unless you get 70% vaccinated you do not get the benefits of herd immunity. how will you convince people to take it? gov. hogan: there was a miscommunication about some people had the impression it was being rushed in an unsafe way. now people are feeling more comfortable as more information comes out with the change in administration, everybody together saying the vaccine is good, works and is important. it will take some convincing -- you are right, we have to get about 70% vaccination if we want to stamp it out. david: are you ready to announce today that you are running for president in 2024? gov. hogan: your show would get a lot of eyeballs if i announced -- if we said something like that today! ♪ ♪ david: after you were elected governor and you were helped by chris christie, then republican governor of new jersey, when he ran for pr

it is interesting, david. i met a young man, he went door-to-door in aisle and he has more stories and is probably better equipped to answer that questions. he was trained not to ask what do you want? what kind of america do you want to live in? that is where he found unity. it doesn't matter their political stance. they answered the question the same so we need to get back to a political dialogue that says what kind of america we going to be and how do we deliver it, whether it is delivered by democrat or republican's and you can't do that if you are not knocking on the door and actually asking and respecting the answer that you get and i think democrats, right or wrong, have a reputation for disrespecting people. when i started in politics, my people were elderly -- david: we have a bridge the divide program at the institute of politics. we just had our first day of the 2021 session today. we bring students together from eureka college, rupe college in chicago and the university of chicago and we do focus gr

david?id: coming up, the feds's it to reach agreement with chinese regulators which may help revive the dormant ipo. we have the details on that story next. haslinda: plus, we count down to the market opened in india. we will speak exclusively with india's largest market lender. joining us from mumbai to wanna lose weight and be healthier? it's time for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. haslinda: bloomberg has been told that chinese regulators have agreed on a restructuring plan that would turn jack ma's fintech giant into a financial firm. lulu chen joins us with her take. w