emerson? >> yeah, i think when you evaluate the 3% test and take a look at lower load amounts specifically in the range of 100 to $150,000 and there are going to be folks that fall into the bucket that will fall outside of the 3% test, therefore falling outside of the qm rule. >> being from memphis, i serve in a community that's over 60% african-american, and a lot of loans, 11%, affects a major part of these individuals. now my procedures based on this new rule state prices on qm mortgages to address the risk. i don't want to -- it's just not going to serve my community if i have to kmarj somebody for a mortgage i would have given them last year because there's a rule in place. if you find a lower income borrower who doesn't mean the qm standard are you going to charge them a higher interest rate and higher fees? >> i would not go any higher. the problem is on my balance sheet i can only hold so much. if i do say okay, we're going to go full blown into nonqualified mortgages, it's a limited t

emerson and mr. weickenand, it sounds like amendments are continuing to improve qm and you all are happy with it. my question is timing. with new clarifications as late as last fall, does that timing put you -- do you feel like you need an extension to ensure that you get it right or do you think that that would just put you at a disadvantage? >> we're a small shop. i've got 68 full-time equivalent employees and seven offices we have to manage. we have all hands on deck today from our mortgage lenders, our commercial lenders trying to figure out everything we need to do with the new mortgage regulations. more time would be very helpful. we also have to see how software vendors -- they may put in fixes but we need to make sure we know how that integrates. multisoftwa software vendors ha integrate with one another. it's difficult trying to do anything else other than trying to comply with qm and regulations that go with it. >> do you think that holds true for all community bankers? >> yes, i believe it

. >> emerson walls. what is your thoughts on richard sherman in his postgame comment today?ht it was actually very entertaining, especially after the game. one thing i have to say about richard, he's probably of the same ilk that i am. he grew up watching a lot of trash talking athletes. that really proved all the bragging that they had put out there. and he's probably seen the mohammed ali tapes, he's probably seen the tapes against pittsburgh, talking about bradshaw, it's just trash talk and that's really what we do in sports. and he's a young man that i think has been disrespected and really discounted, probably throughout his entire early life in sports. and this was his moment to really show the world just how good he was. i kind of have been through that myself. coming from the cowboys, i was cut by the cowboys, went to the giants. i won that super bowl in 1990 with my teammates, and i remember after the game, i felt such vindication, that i think if someone would have stuck a microphone in my face at that time, i probably would have done the same thing. because at tha

. >>> se parece mÁs a ti o emerson?, el estallido se registrÓ cuando un conducto que transportaba gas sufriÓ una ruptura, bomberos tardaron varias horas en sofocar el fuego, que provocÓ interrupciÓn de servicio elÉctrico. >>> mÁs de 400 aviones 767 seran sometidos a seguridad. autoridades de la aviaciÓn civil ordenaron inspeccionar los mecanismos que ayudan a elevarse y descender, requiere que las partes defectuosas se cambien. investigan el origen de un brode de enfermedad gastrointestinal que afectÓ a cientos de personas en un crucero anclado en las islas vÍrgenes, 281 pasajeros sufrieron diarrea y vÓmitos, y la lÍnea de crucero royal caribbean anunciÓ la cancelacion del viaje de 10 dÍas. el polÉmico joe arpaio volviÓ a hacer de las suyas, aplico a casi 4 decenas un castigo considerado cruel por muchos, lucÍa nos explica en que consiste la sanciÓn, considerado el mÁs temido de todo el paÍs. >>> a dieta de pan y agua tendrÁn que vivir algunos prisioneros durante dos semanas. el castigo lo impuso el alguacil considerado

a final check of harrison and i can conclude that the person in the preferred to olympic gold to emerson's read it. how salty unafraid about these these allegations of corruption that it went away this the summer in the russian media and international press as well it's well documented the budget is six exceeded initial expectations was the money gone. i purposely will it be that this is not correct that there is no budget for the games of which i'm personally as a manager in charge focus of roughly two billion dollars. it's the same life of the previous week begins again as there's an investment into the olympic infrastructure like competition on competition being used and also that surround them and infrastructure to support this band is like college station and some rollers which is due to kick the olympic mates is provided via a private investor from that of private funds to spend some time too much coffee joining us are. they have a case was time for the talking just opening ten days time and time for the sport to take center stage. but he's close call there was mention accusations co

after making that name age gender and phone numbers from the very valuable that emerson telemarketers the more permissive noble about a person the more valuable to the records and records can help companies clue into what the press will want to buy the ultimate advertising and marketing more efficient. it does make a tool to use. but still not legal. their law protecting consumers. they don't seem to be stopping the sale. this year even after the intermission. all the companies that don't have access to it. every penny the non advertising can be better managed. which is about the business the question in a supporting role of business that is more important in protecting consumers. don't go with it up next we'll continue to tell the personal data. it didn't. in today's money matters where tom kelley personal data. due to lack of supervision. e commerce websites have made it easy to tell personal data. but like how the dotcom become the targets are pulling information from consumers the government caught onto the trend today to tell him how to get trickier. due to the kirkland are still

i want to say on a personal note that it is dedicated to my three wonderful grandchildren, emerson, piper, and coal. i am delighted that my cousin bill and his family is here to celebrate with us as well. i would like to dedicate this talk to julie and tricia and adam david, who deserve to see their parents treated fairly. and i think that sandy has told me how the theme for this coming year is taking a new look at richard nixon. that is a great context and the need to tell you about this book. because by telling the story of him through the humanizing perspective of his wife and his marriage, his strings are clarified and his weaknesses are put into perspective. and in 1948 when richard nixon was a member of the house un-american activities committee and he was investigating him for communism, he never dreamed that 24 years later he would be in china and have a curiosity and openness and follow what is emerging rather than keeping to a rigid path what changes you can make. and i have a confession to make you all along that line today. in 1969 was a graduate student at university of texas

growth of the dividend -- i am fascinated by this question where tech people have to act like 3m or emersonlectric and say, let's do a 10% dividend growth. >> we say, how do we create wins for our shareholders? we are already number one with customers. we are number one with partners, number one with innovation. we have to be number one with shareholders. how do we make our shareholders win as we do? we create $10 billion of free cash flow what year. >> i know you are going to talk religion here but it is a question every listener has. why does america so week in wi- fi? "r as the germans say :wee-fee we don't do wi-fi well in america. what is taking us along? >> today, we are number one in wi-fi, mobile wireless, small sale -- wi-fi can't i get link it in the state of texas or near west virginia? >> you should be able to. interestingly enough, at davos we are talking to countries around the world. president parking korea will be the first one who transforms our country around the internet of everything. >> why can't we be like south korea? governor talk to the of texas, they created one th

rise of transcendentalism we remember from my school english -- high school we remember thoreau and emerson in the transcendentalist writers but we forget they were also writes the letters in the public square as well. not the ivory tower theorist for writing in the newspapers of their day. the progressive era ushered in an yellow journalism some call the golden age but the error from which we remember names like horace greeley or pulitzer that the prize was named after the end william randolph hearst whose first newspaper chain in bdm fire is still around today and also by the way of "citizen kane" one of the great movies of all time but it also attainted hearst john foster kane in that movie as a man who was dislocated from his sense of purpose and meaning in his life so much so that he died alone and sad. so we begin to see that as we march through the 20th century all triose covered by the journalist of the day, not just the coverage of a trial but a world view that was on trial and milken made that's clear it was christian inverses progressive as a that was in the dark and not the teac

i have had discussions with bill emerson from quicken about their model which they touted and is a very efficient one-stop shopping model, and that's affiliate models can be -- he also was very frank in acknowledging there have been some affiliate abuses over the years, and we've all seen them. congress drew a line on that, we thought, and we're trying to respect that line. i think -- >> i'm sorry, the time of the gentleman has expired. >> mr. chairman, i know my time has expired, but i would, in writing, i would like to ask how long are we going to be able to wait. we think we have evidence now after 30 days. so do we need 30 days of evidence, 60 days of evidence? because the longer we wait, the more people are going to be impacted and hurt by that. >> i haven't seen any data yet, but within a few months -- >> now the time of the gentleman has really expired. chair now recognizes the gentleman from massachusetts, mr. lynch. >> thank you, mr. chairman. i want to thank the ranking member as well, and, director cordray, appreciate your willingness to come here and help the committee with

but we might remember ralph waldo emerson. ..lord john foster kane and not move the as a man who is really dislocated from a sense of purpose and meaning in his life comes, so at the end of the movie he died alone and sad. so we begin to see that, you know, as we marched to the 20th century, which was covered by the leading journalist of the day, hl mencken and really pitted. it wasn't just coverage of a trial, that it was a worldview on trial as well. that was made abundantly plain that it was the christian world view versus a material scientific world view that was really in the dock and not john's coat, a teacher who was teaching tantra teaching determinism. the trial took place around 1850. if you've read whittaker chambers autobiography witness, you know that trial was not just a trial about whittaker chambers and communist, but it was really a trial of worldviews. the communism versus the theistic worldview that had to come to embrace over the course of his life. it also put what was then a relatively inconsequential, small

from our high school english courses, maybe we tried to forget, but we might remember ralph waldo emerson and other of the transcendentalist writers. they were also men of letters in the public square as well. they were not ivory tower theorists, that they were writing in the newspapers and magazines of their day. the progressive era of the late 19th century also ushered in what some would call yellow journalism, some would call a golden age of journalism, but it's an era from which we remember names likehorse -- horace greeley and then coming forward into the 20th century, men wipe william randolph hearst whose newspaper chain and media empire, of course, is still around today and was the subject, by the way, of the movie "citizen kane" which has been called one of the great movies of all time. but it also really painted william randolph hearst as a man who was really dislocated from a sense of purpose and meaning in his life. so much so that at the end of the movie, he died alone and sad. and so we begin to see that, you know, as we march through the 20th century, the trial of 1925 whic

do they play by a different textbook than emerson electric or that ge plays by?> i think they're pretty different. i just read the book on twitter. that was a pretty fascinating rumble and tumble series of holdups. >> do they represent shareholders in the same way as industrial america, or are shareholders secondary to their own selfish interest? >> they have a different way of going about achieving as a business. >> is there a way to be on board and make profits? >> i think so, but it is all geared around the original controlling entities that own a majority equity. on social media. a lot more later today. coming up, nick heymann on general electric. ♪ across thee and northeast, bloomberg focuses all our attention on this storm. essentially for the guy in the yellow camaro on 58th street. the camaro is still there. we are waiting for the ash for the next move out. a yellowntly drove camaro. >> what was that like? >> it was not that fast. i wanted to drive it in texas, and it was not that fast. camaro is what we will focus on, all of our attention, through the mo

>>> porque emerson te gano. >>> asÍ le cocinas?pacÍfico. >>> esto tambiÉn se puede usar para un cumpleaÑos. >>> claro. >>> porque estÁ de cumpleaÑos eduardo puente. felicidades. te deseamos lo mejor. (aplausos) >>> te quedaron bien las recetas que te di karlita. (risas) >>> ya quisiera cocinar como ella. vamos a la pausa. y entÉrate de que manera celebra justin bieber el dÍa de los enamorados. y todos los detalles del romance de eiza gonzÁlez y pepe dÍaaz. y los gruperos al poder. ahora con su mÚsica tambiÉn en genero regional invade a las redes sociales, no se pierdan los mÁs famosos, los mas vistos en el mundo de la internet. >>> y atenciÓn, poniÉndole ritmo a mitad de semana, llegan los buitres de culiacÁn. ya volvemos a "despierta amÉrica." la mejor manera de comenzar sus maÑanas. ♪ ♪ ♪ hola queremos hacer soneir junto con ha todo america. oats ve por tu caja, sube tu video bailando en bunch of beats dot com y podrias ganar premios. Únete al movimiento que harÁ sonreir a america! no te preocupa quedarte dormido adiós!ú junta. p

i'm a former abc news anchor and i now teach journalism in the school of communication at emerson college in boston. after months of deliberations the commission is releasing its recommendations to the public for the first time here today and online at rwjf rwjf.org/commission. you will hear from my fellow commissioners and experts from a variety of fields. early childhood, community development and health care just to name a few. all of the bios are available online at rwj fdotorg/commission. and with me now, is risa moray, the president and ceo of the robert wood johnson foundation. so good to see you again. >> good to see you again, carroll. >> it has been a while. >> why did the robert wood johnson foundation decide to reconvene the commission? >> let me take you back to 2008 when we established the first commission and if you recall then people were focused on medical care issues and health care and yet we knew there were a broaderco array of factors tht actually affect whether or not people are able to be healthy and the first commission did such an incredible job of advancing the d

but let me pause here for a moment, and i'm just reminded of what emerson said, a favorite quote of mandela. he said, do not, do not be in fear and fail to act because of your fears and your problems. but be led by your hopes and your dreams. and this is about the hopes and the dreams of americans to stay well, to make sure that their children are well, to make sure that if they get sick, they don't have to go into bankruptcy. that's what this is about, and that's why you're right, mr. hearing -- mr. chairman, this hearing is serious, because it has consequences. in terms of security of the web site, however, it is important to highlight all of the facts instead of cherry picking, i said it, cherry picking, partial information to promote a political narrative that is inaccurate. based on the documents we have reviewed -- and when i say "we," i mean republicans and democrats -- and the interviews we've conducted, i believe we can establish several key facts. number one, although some employees express concerns with security testing before this web site was launched, the agency addressed thes

emerson electric, ge, it's not trading at 18, 19, 20 times earnings.of growth, asia is still their best for the next year. 23 you look at china, almost every cyclical in china is turning at nine times earnings. for us, not everything is cheap there. yet, for example, we owned a real company in china that's eight times earnings, net cash balance sheet and could end up being an enormous winner for reform. there's a big disconnect between companies in the u.s. that are exposed to emerging market growth and requiring it trading at 20 times earnings and those markets themselves where stocks are bombed out and are trading at single digit multiples. >> you're buying that rail company in china? you know how to do that? >> we are. cheap stock. >> how do you do that? would you know how to buy a rail company in china? your job is too hard. isn't it government owned. >> partly. that's why the government -- area that owns it wants their money. that's why they have a huge dividend. they are required to pay half their money each year in dividends. some companies are

. >>> breaking news from the energy department, i'm sharon emerson at the nymex, we're looking at naturalic feet in the last week down by 230 billion cubic feet. we are looking at natural gas prices right now that have come off of it. we're down about 32 cents from the highs we saw or the closing price we had yesterday that was a 10% jump in one day, but we have seen prices coming down here this morning even ahead of this release. we are still looking at record levels of demand for natural gas because of the extreme cold temperatures that we're seeing. there are some that are predicting that we will have at the end of this winter a six-month low in terms of the supply of natural gas, in terms of that number. it's going to be somewhere around 1.2 trillion cubic feet. we're also continuing to watch what is happening in terms of the volatility that we're seeing with the now march contract. the volatility we saw yesterday had somewhat to do with the fact that it was the expiration of a contract traders are saying but we're still looking at the bullish bets here natural gas at the highest leve