274
274
Jun 11, 2018
06/18
by
KQED
tv
eye 274
favorite 0
quote 1
>> enron was a bigger company certainly and more money was involved.was the seventh largest u.s. company at the time. ustheronos is obv a startup, albeit a startup that attracted nearly a billion dolrs in investing, a billion dollars that went poof. but the mostgregious part of the theronos scandal is the wayn the coy was cavalier about putting patients in harm's way. eporting i se of my came across more than a dozen cases of patients who had ver questionable test results and who had health scares and whether or not anyone was harmed is still an open question. and i think that the big lesson is that you can't employ the silicon valley vapor ware, fake it until you make it playbook im the rea of medicine. when you are -- >> there are lives at stake. >> there are lives at stake. >> john carey rou, author of "bad blood." thanks for being here. >> that will do it for us. you cane find mor ours coverage. i'm thuy vu. thank you for joining us. ♪ ♪ captioning sponsored by wnet >> sreenivasan: on this edition :or sunday, june 10 president trump and kim jong un
>> enron was a bigger company certainly and more money was involved.was the seventh largest u.s. company at the time. ustheronos is obv a startup, albeit a startup that attracted nearly a billion dolrs in investing, a billion dollars that went poof. but the mostgregious part of the theronos scandal is the wayn the coy was cavalier about putting patients in harm's way. eporting i se of my came across more than a dozen cases of patients who had ver questionable test results and who had...
64
64
Jun 9, 2018
06/18
by
KQED
tv
eye 64
favorite 0
quote 0
>> enron was a bigger company certainly andy more mone was involved.was the seventh largest u.s. company at the te. theronos is obviously a startup, albeit a startup that attracted nearly a billion dolrs in investing, a billion dollars that went poof. but the most egregious part of the theronos scandal is the w the company was cavalier about yutting patients in harm's way. in the course ofeporting i came across more than a dozen cases of patients who had ver questionable test results and who had health scares and whether or not anyone was harmed is still an open question. and i think thathe big lesson is that you can't employ the silicon valley vapor ware, fake it until you make it pybook in the realm of medicine. when you are -- >> there are lives at stake. re >> the are lives at stake. >> john carey rou, author "bad blood." thanks for being here. >> that will do it for us. you c find more of ours coverage. i'm thuy vu. than ♪ u for joining us. ♪ >> america first or america isolated+si pn trump's trade policies and his nod to russia angers u.s. allies
>> enron was a bigger company certainly andy more mone was involved.was the seventh largest u.s. company at the te. theronos is obviously a startup, albeit a startup that attracted nearly a billion dolrs in investing, a billion dollars that went poof. but the most egregious part of the theronos scandal is the w the company was cavalier about yutting patients in harm's way. in the course ofeporting i came across more than a dozen cases of patients who had ver questionable test results and...
164
164
Jun 9, 2018
06/18
by
CNNW
tv
eye 164
favorite 0
quote 0
it's the same effort that wiseman and his cohorts put into the enron investigation. this is chapter and verse of a federal investigation like this. i believe they're trying to put pressure on paul manafort in the hopes he will give something on donald trump. i don't believe there is anything to give. so paul manafort finds himself in a pressure cooker with really no way out except to face them down in court which is what he plans to do. >> you spoke to him recently. how did he sound to you? >> you know, paul knew what he was signing up for when he decided to fight this. he knew the lay of the land then. he knew the men and women involved in the special counsel's office -- all you had to do was look at enron and the merrill lynch executives who were eventually found not guilty put them in prison while they waited for that. paul had to believe during this stage of the game that it was getting more difficult, wiseman and the rest of the prosecutors in the mueller investigation were turning up the heat. it's hot. of course it is. but paul is standing up tall. he is going
it's the same effort that wiseman and his cohorts put into the enron investigation. this is chapter and verse of a federal investigation like this. i believe they're trying to put pressure on paul manafort in the hopes he will give something on donald trump. i don't believe there is anything to give. so paul manafort finds himself in a pressure cooker with really no way out except to face them down in court which is what he plans to do. >> you spoke to him recently. how did he sound to...
93
93
Jun 3, 2018
06/18
by
MSNBCW
tv
eye 93
favorite 0
quote 0
way back in 2002 as part of the act after the enron accounting scandals, congress closed the loophole that if someone interfered with the witness or destroyed evidence early on because they thought it may lead to legal trouble because the fbi just started looking at it but had not gotten very far they could get away with it. all the arguments were focused on, well, there was an fbi investigation or they didn't know -- they are totally beside the point. and it is remarkable that lawyers who ared a viszi ed a president didn't know that. >> just hours after that story broke, rudy giuliani ramped up threats against mueller telling nbc news if mueller tries to subpoena us, we're going to court. president trump who is spending the weekend at camp david fired off a tweet minutes before the story was published accusing the special counsel and the justice department of leaking that letter to "the new york times." let's bring in julie manchester and aussie barretts from politico. what do you make of the timing of this leak? >> well, the biggest beneficiary is probably the public, but anyone loo
way back in 2002 as part of the act after the enron accounting scandals, congress closed the loophole that if someone interfered with the witness or destroyed evidence early on because they thought it may lead to legal trouble because the fbi just started looking at it but had not gotten very far they could get away with it. all the arguments were focused on, well, there was an fbi investigation or they didn't know -- they are totally beside the point. and it is remarkable that lawyers who ared...
26
26
tv
eye 26
favorite 0
quote 0
of security they got in touch with the us embassy and started long logging all their meetings with enron even potentially kind of contentious and suspicious with you. yes intelligence that was a very big revelation but it didn't seem to bother the parliamentary committee one bit so the bottom line according to our and banks is that he is the target of a witch hunt in the media it was a pretty combative meeting between the braggs it bankroller and the parliamentary committee and i have to say it was really sort of illustrated in the way that he ended up leaving that hearing today i'm just going to leave you to enjoy it or could solve it a little to nothing she says with that it's a leap to the over going to the beach with. the best excuse for the use of the use of the minutes and then give them what he. preaches not to be good if it's good for business it's just because you are the people who believe. in the name if you buy into the. names of the east. cringely that's not going to go down well that's it from a thanks for watching you know nails here in half an hour the next hour to intern
of security they got in touch with the us embassy and started long logging all their meetings with enron even potentially kind of contentious and suspicious with you. yes intelligence that was a very big revelation but it didn't seem to bother the parliamentary committee one bit so the bottom line according to our and banks is that he is the target of a witch hunt in the media it was a pretty combative meeting between the braggs it bankroller and the parliamentary committee and i have to say it...
29
29
tv
eye 29
favorite 0
quote 0
shouldn't like there's no reason someone shouldn't be held accountable what do you think it is about the enron rose case that just takes it to a level where finally this is a not and serious action to happen. i think this has a lot to do with. the person that antwan rose was. in attendance at the funeral folks the way they talked about him talking about a seventeen year old student i like to ski and like to snowboard and smiled all the time and volunteered at a free store and was an honor student and was a poet and all of these things i think when people see images of him and hear stories about him they see the kids that are doing great things in their communities they see their sons and their nephews and their brothers and i think that is motivated and inspired people in a way that i haven't seen before and it's not just activist organizers or community builders at these protests and rallies it's grandmothers in trans women of color and white people and young black people young black people leading these efforts it is people that are the most marginalized within our communities from the homew
shouldn't like there's no reason someone shouldn't be held accountable what do you think it is about the enron rose case that just takes it to a level where finally this is a not and serious action to happen. i think this has a lot to do with. the person that antwan rose was. in attendance at the funeral folks the way they talked about him talking about a seventeen year old student i like to ski and like to snowboard and smiled all the time and volunteered at a free store and was an honor...
28
28
tv
eye 28
favorite 0
quote 0
criticism following the post-coup crackdown there in turkey both in terms of human rights in terms of enron's consolidation of power now with this latest referendum and the election the fact that he is indeed consolidating this power and i'd like to ask you what you see going forward now for the country and the implications of that. well as long as these security you know it was a victory night for him and he. pretty much got what you wanted in the parliament and also managed to secure. the votes for the in the first round now regardless of this so you woke up to a country filled with the economic problems that need to be so and you need to reform and you need to actually do section two to do the so. if. if he continue the way he did so far and you know not much hope on the part of the americans and not much conversation among different groups of lawmakers then i'm afraid. the main problems that are facing right now are going on the other you'll be very difficult to resolve so i think going forward what you need and what needs to happen is that the president's office and the parliament really
criticism following the post-coup crackdown there in turkey both in terms of human rights in terms of enron's consolidation of power now with this latest referendum and the election the fact that he is indeed consolidating this power and i'd like to ask you what you see going forward now for the country and the implications of that. well as long as these security you know it was a victory night for him and he. pretty much got what you wanted in the parliament and also managed to secure. the...
56
56
Jun 16, 2018
06/18
by
FBC
tv
eye 56
favorite 0
quote 0
christopher wray was the supervisor andrew weissmann when andrew weissmann was at his worst heading up the enronosely affixed to robert mueller and rod rosenstein at the doj. the conflicts compound themselves. it's great of both of you to be here. sorry we are out of time. we need to continue this investigation as we try to come to terms with what happened to the fbi and th the department of justice. sydney paul, ned ryun. thank you. that's it for us. have a great weekend. good night. >> announcer: from the fox studios in new york city, this is maria bartiromo's "wall street." maria: welcome to a special one-hour edition of "wall street." i'm maria bartiromo. we have got a fantastic lineup this weekend. it was a very, very big news week. in just a moment i will speak with chrysler ceo. and we'll have the latest on the historic events out of singapore's summit this
christopher wray was the supervisor andrew weissmann when andrew weissmann was at his worst heading up the enronosely affixed to robert mueller and rod rosenstein at the doj. the conflicts compound themselves. it's great of both of you to be here. sorry we are out of time. we need to continue this investigation as we try to come to terms with what happened to the fbi and th the department of justice. sydney paul, ned ryun. thank you. that's it for us. have a great weekend. good night. >>...
54
54
tv
eye 54
favorite 0
quote 0
dollars, you will not believe how else obama white house allegedly tried to help iran, it involves e enron. big news on trump economy there are more job openings and jobless workers to fill them, money and politics, we deliver debate behind tomorrow's headlines, the "evening edit" starts right no right now. liz: first, dow ending up 346. look at this, 25146. surging more than 300 as j.p. morgan and goldman sachs led banks higher. but first secretary of state pompeo with japanese foreign minister ahead of next week's historic summit with north korea. edward lawrence is in dc with details. reporter: we could add one more fact the japanese prime minister will meet with president trump tomorrow, today the foreign minister told secretary of state pompeo that japan does not want to be passed over when it comes to deals made in asia, japanese are concerned if u.s. makes a deal with north korea, china or anyone else in the region, they may be left out, today president trump touting how much work his secretary of state is doing in the region. >> secretary michael pompeo, we're keeping him very busy
dollars, you will not believe how else obama white house allegedly tried to help iran, it involves e enron. big news on trump economy there are more job openings and jobless workers to fill them, money and politics, we deliver debate behind tomorrow's headlines, the "evening edit" starts right no right now. liz: first, dow ending up 346. look at this, 25146. surging more than 300 as j.p. morgan and goldman sachs led banks higher. but first secretary of state pompeo with japanese...
38
38
Jun 16, 2018
06/18
by
FBC
tv
eye 38
favorite 0
quote 0
christopher wray was the supervisor andrew weissmann when andrew weissmann was at his worst heading up the enronmueller and rod rosenstein at the doj. the conflicts compound themselves. it's great of both of you to be here. sorry we are out of time. we need to continue this investigation as we try to come to terms with what happened to the fbi and th the department of justice. sydney paul, ned ryun. thank you. that's it for us. >> an underwater strange inheritance. >> we've had this in the family since 1899. >> their world's an oyster. >> do you want to try and shuck >> i would. it's all about the shuck. >> but their biz is belly-up. >> they pretty much said this oyster-planting business is over. >> they want to revive it. >> a couple drinks make anything sound good. >> so, will they sink. >> we looked at our debt for the first time, like, "whoa. it's, like, $350,000". >> ...or float? >> okay, here we go. come to mama. ♪ [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] ♪ >> i'm jamie colby, in virginia,
christopher wray was the supervisor andrew weissmann when andrew weissmann was at his worst heading up the enronmueller and rod rosenstein at the doj. the conflicts compound themselves. it's great of both of you to be here. sorry we are out of time. we need to continue this investigation as we try to come to terms with what happened to the fbi and th the department of justice. sydney paul, ned ryun. thank you. that's it for us. >> an underwater strange inheritance. >> we've had this...
52
52
Jun 13, 2018
06/18
by
BLOOMBERG
tv
eye 52
favorite 0
quote 0
that goes to the heart of what they are doing, which turns out to be more enron.es still have a little bit of final force mixed in. eric: i want to mention that anyone who wants to understand your thesis bshould go to the report you are making available on the muddy waters website. we cannot get deep into the deils of the argument and the claims you are making here. like any short seller, you know you have critics. i have talked to these critics. they say you routinely twist or ignore facts that challenge your argument. what do you have to say in response, specifically to concernsal. is it possible you are overlooking something? how cap -- how confident are you in this call relevant to call zero made in the past? carson: of course short-sellers have their critics. investing would be a lot easier you do not have to do real work to confirm your thesis. if all you had to do was look at expectations of earning growth and then by the stock, that would be great. i think a lot of the criticism comes from people who are upset that we ran on that prayed -- radende rain on
that goes to the heart of what they are doing, which turns out to be more enron.es still have a little bit of final force mixed in. eric: i want to mention that anyone who wants to understand your thesis bshould go to the report you are making available on the muddy waters website. we cannot get deep into the deils of the argument and the claims you are making here. like any short seller, you know you have critics. i have talked to these critics. they say you routinely twist or ignore facts...
314
314
Jun 11, 2018
06/18
by
KTVU
tv
eye 314
favorite 0
quote 0
it's supposed to allow light and have sort of the exterior enronment really permeate into the building the fifth tallest building in new york city. >>> bay area weather has something for everyone, from fog to downright hot weather. >> we have a warm-up around the bay area. with that localized seabreeze, we will be in the 60s throughout the day. there is a little bit of fog hanging right over city. as we look toward the golden gate bridge, we do have mostly sunny skies around the bay area. here's another view at sfo. san francisco checking in at 65 degrees. 70s for santa rosa. open 67. inner east bay, 76 in livermore and 73 san jose. as expected, temperatures are up over yet -- yesterday. seven in novato. 6 degrees warmer in concord. the temperatures are expected to continue to climb as we get into the second part of your afternoon. high pressure here that is strengthening towards the bay area. that northerly flow is checking out a lot of the fog. we started out with mostly clear skies. at this point, sing just off the coastline. perhaps a little bit near point reyes. take a look all th
it's supposed to allow light and have sort of the exterior enronment really permeate into the building the fifth tallest building in new york city. >>> bay area weather has something for everyone, from fog to downright hot weather. >> we have a warm-up around the bay area. with that localized seabreeze, we will be in the 60s throughout the day. there is a little bit of fog hanging right over city. as we look toward the golden gate bridge, we do have mostly sunny skies around the...
115
115
Jun 16, 2018
06/18
by
FOXNEWSW
tv
eye 115
favorite 0
quote 0
led the enron task force in 2004 that sent a merrill lynch executive to a maximum security prison 700iles away from his team. he spent a year behind bars before his conviction was vacated. the judge presiding over the manafort case dismissed a lawsuit against hillary clinton last year. it alleged that clinton's lack of email security led to the designate of americans in benghazi. >> tucker: thanks. trace gallagher, appreciate that. it's been only a little over 24 hours since the major doj inspector general was release. what is the press missing. kim is on the wall street journal board. what jumped out when you read this? >> most of the headlines today have been focussed on jim comey. no question that this was a very damning indictment of his leadership while he was there. then, again, democrats and a lot in the media would like to pin it all on him. what struck him this was a searing indictment of the entire fbi and its culture. the argument they live by a rule they themselves craft and impose rules on everybody else, but they don't live by them. we have examples in here of employees
led the enron task force in 2004 that sent a merrill lynch executive to a maximum security prison 700iles away from his team. he spent a year behind bars before his conviction was vacated. the judge presiding over the manafort case dismissed a lawsuit against hillary clinton last year. it alleged that clinton's lack of email security led to the designate of americans in benghazi. >> tucker: thanks. trace gallagher, appreciate that. it's been only a little over 24 hours since the major doj...
75
75
Jun 2, 2018
06/18
by
MSNBCW
tv
eye 75
favorite 0
quote 0
way back in 2002, as part of the act after the enron accounting scandal and others, congress closed the loophole that if someone interfered with the witness or destroyed evidence early on because they thought it might lead to legal trouble or because of the fbi had just started looking at it but hadn't gotten very far, they could get' way with it. in this 2002 law congress said it is a crime to impede a proceeding even if that proceeding has not yet started and is not even about to be started. what that means is, if you impede something that is a potential grand jury investigation, which is a proceeding, or a potential trial, which is a proceeding, even if it hasn't happened yet, that is still obstruction of justice. all the arguments are focused on there was an fbi investigation. he didn't know. they're totally beside the point. it's remarkable that lawyers who are advising the president didn't know that. >> we're about to get some more lawyers in the conversation. but i want to ask you this first. charlie, in terms of new pieces of information that came out from this document, one mig
way back in 2002, as part of the act after the enron accounting scandal and others, congress closed the loophole that if someone interfered with the witness or destroyed evidence early on because they thought it might lead to legal trouble or because of the fbi had just started looking at it but hadn't gotten very far, they could get' way with it. in this 2002 law congress said it is a crime to impede a proceeding even if that proceeding has not yet started and is not even about to be started....
126
126
Jun 16, 2018
06/18
by
FOXNEWSW
tv
eye 126
favorite 0
quote 0
he is no strangersm to being toh on white collar criminals he led the enron task force in 2004 then sentmerrill lynch executive to a maximum security prison. he spent a year behind bars until the fifth circuit vacated his conviction and finally we should note the judge presiding over the manafort case dismissed a lawsuit against hillary clinton last year the suit alleged that her lack of email security led to the deaths of americans in benghazi. >> tucker: the mueller guy went to hillary's victory party, that blows my mind. it's been only a little over 24 hours since the massive inspector general report was released in the public is still digesting what's in it. what are the key takeaways and what is the press missing from all of this? kim strassel joins us tonight. what jumps out at this report when you read it? >> i think one thing is most of the headlines have been focused onon jim comey and there's no question that this is a very indictment of his leadership while he was there. democrats and the media would like to pin it all on -- it was a searing indictment of the entire fbi and it
he is no strangersm to being toh on white collar criminals he led the enron task force in 2004 then sentmerrill lynch executive to a maximum security prison. he spent a year behind bars until the fifth circuit vacated his conviction and finally we should note the judge presiding over the manafort case dismissed a lawsuit against hillary clinton last year the suit alleged that her lack of email security led to the deaths of americans in benghazi. >> tucker: the mueller guy went to...
SFGTV: San Francisco Government Television
37
37
Jun 12, 2018
06/18
by
SFGTV
tv
eye 37
favorite 0
quote 0
it's goo the enronment, ifor business and it's ifor business and it's good for the community. - workingor the city and county of san francisco will immerse you in a vibrant and dynamic city that's on the forefront of economic growth, the arts, and social change. our city has always been on the edge of progress and innovation. after all, we're at the meeting of land and sea. - our city is famous for its iconic scenery, historic designs, and world-class style. it's the birthplace of blue jeans, and where "the rock" holds court over the largest natural harbor on the west coast. - our 28,000 city and county employees play an important role in making san francisco what it is today. - we provide residents and visitors with a wide array of services, such as improving city streets and parks, keeping communities safe, and dring buses and cable cars. - our employees enjoy competitive salaries, as well as generous benefits programs. but most importantly, working for the city and county of san francisco gives employees an opportunity to contribute their ideas, energy, and commitment to shape the ci
it's goo the enronment, ifor business and it's ifor business and it's good for the community. - workingor the city and county of san francisco will immerse you in a vibrant and dynamic city that's on the forefront of economic growth, the arts, and social change. our city has always been on the edge of progress and innovation. after all, we're at the meeting of land and sea. - our city is famous for its iconic scenery, historic designs, and world-class style. it's the birthplace of blue jeans,...
73
73
Jun 26, 2018
06/18
by
CSPAN
tv
eye 73
favorite 0
quote 0
enacted 15ation was years ago in response to enron and worldcom and the scandals they had. in your opinion, as a been effective? -- has it been effective? >> it's a sweeping piece of legislation. to come to a single statement about any sweeping piece of legislation from a markets point of view is very difficult. there are aspects that i think investors got a significant bang for the buck. committees,audit the focus on high-quality financial statements, that's a big bang for the buck. some other things, good but not as significant. >> what components represent the biggest costs? >> we are going to be looking at 404. to a large company and for a four applied to a smaller company, the relative burden of a smaller company has been higher. i've seen improvements in the area of application of 44 but i do think that we should look at that relative cost to the size of smaller companies and i intend to do so. >> what is the timeframe for your review. >> the staff is looking now. we are going to have discussions at next thursday's open meeting. >> to chair now recognizes the gentlema
enacted 15ation was years ago in response to enron and worldcom and the scandals they had. in your opinion, as a been effective? -- has it been effective? >> it's a sweeping piece of legislation. to come to a single statement about any sweeping piece of legislation from a markets point of view is very difficult. there are aspects that i think investors got a significant bang for the buck. committees,audit the focus on high-quality financial statements, that's a big bang for the buck. some...
140
140
Jun 10, 2018
06/18
by
MSNBCW
tv
eye 140
favorite 0
quote 1
trump in a manner similar to the one used to prosecute enron in the early 2000 by justice department task force that included the same lawyers serving on mueller's team. do you get the sense that they are preparing for not only smearing that but also the testimony from someone like paul manafort? >> they've shown a willingness to go after the witnesses. they spent a lot of time on comey. they believe the inspector generals report will help them but what i found interesting about mueller's filing is that unlike rudy giuliani and the president, mueller doesn't say anything, and the only way he can speak is through filings, through things like this and when he does that he is able to establish the investigation, to lay out the conduct he has found. he doesn't have the chance, he's not going to hold press conference conferences. he's going to speak in his filings and we've seen in the past like the one where he inindictment it had 13 russians as a way of him telling a story. and it will be interesting to see if he continues to put out more and more documents as a way to get his side of i
trump in a manner similar to the one used to prosecute enron in the early 2000 by justice department task force that included the same lawyers serving on mueller's team. do you get the sense that they are preparing for not only smearing that but also the testimony from someone like paul manafort? >> they've shown a willingness to go after the witnesses. they spent a lot of time on comey. they believe the inspector generals report will help them but what i found interesting about mueller's...
25
25
Jun 22, 2018
06/18
by
CSPAN3
tv
eye 25
favorite 0
quote 0
this legislation was enacted 15 years ago in response to enron and the scandals that they had . in your opinion, has this been effective? >> it's a sleeping piece of legislation to come to a single statement -- sweeping piece of legislation to come to a single statement about any sweeping piece of legislation is difficult. there are aspect of this that i think investors got a significant being for their buck. independent audit committees, the focus on high-quality financial statements, that is a big bang for the buck. some other things, good but not as significant -- >> what represents the biggest cost of compliance challenges for companies ? >> i do think that -- let me give you an example. we will be looking at 404. it apply to a large company and it apply to a smaller company. the relative burden on the smaller company has been higher. i have seen improvements in the area of application of for a for but, i do think -- 404 but i do think we should look at the relative costs for the size of smaller companies. >> what is the timeframe for your review of 404. >> our staff is look
this legislation was enacted 15 years ago in response to enron and the scandals that they had . in your opinion, has this been effective? >> it's a sleeping piece of legislation to come to a single statement -- sweeping piece of legislation to come to a single statement about any sweeping piece of legislation is difficult. there are aspect of this that i think investors got a significant being for their buck. independent audit committees, the focus on high-quality financial statements,...
98
98
Jun 26, 2018
06/18
by
LINKTV
tv
eye 98
favorite 0
quote 0
some of the things that influenced you, your father worked for enron at the time it collapsed and itad an impact on you. and also i'm wondering if you could talk about your experience in college, both you and your brother were at texas a&m. you referred to the ncaa and college sports as a gangster operation. >> it is. the first time ever got the corporate roads, my dad had put so much intoto this company -- the first time i realized, you cannot put so much into a company because companies do not have souls. empathy andave compassion, just a bottom line. it was the first, realized as a child -- my father did everything. all of a sudden it was taken from us. it was our world. all of a sudden, it was gone. different.s no it has no empathy or compassion. it does not have a soul. it is a corporate being. it does not care about the children it affects. it just needs to get to the fiesta bowl could all of these different bowls to get the revenue. --ng in the ncaa double-a being in the ncaa, we would see our jerseys in the stores, stadiums filled with 80,000 people with $200 tickets of pop.
some of the things that influenced you, your father worked for enron at the time it collapsed and itad an impact on you. and also i'm wondering if you could talk about your experience in college, both you and your brother were at texas a&m. you referred to the ncaa and college sports as a gangster operation. >> it is. the first time ever got the corporate roads, my dad had put so much intoto this company -- the first time i realized, you cannot put so much into a company because...
60
60
Jun 21, 2018
06/18
by
CSPAN3
tv
eye 60
favorite 0
quote 0
this legislation was enacted 15 years ago in response to enron and worldcom and the scandals they had. in your opinion, has sarbane-zoxley been effective? >> it's a sweeping piece of legislation to come to a single statement about any sweeping piece of legislation from a markets point of view is very difficult. there are aspects of sarbane-zoxley that i think investors got a significant bang for the buck. independent audit committees, the focus on high quality financial statements, that's a big bang for the buck. some other things, you know, good but not as significant as those. >> what components of sarbane-zoxley represent the biggest cost and/or compliance challenges for companies? >> i do think that from a -- let me give you an example. we'll be looking at 404. 404 applies to a large company and to a smaller company. the relative burden on the smaller company has been higher. i've seen improvements in the area of application of 404. i do think that we should look at that relative cost to the size of smaller companies and intend to do so. >> what is the time frame for your review o
this legislation was enacted 15 years ago in response to enron and worldcom and the scandals they had. in your opinion, has sarbane-zoxley been effective? >> it's a sweeping piece of legislation to come to a single statement about any sweeping piece of legislation from a markets point of view is very difficult. there are aspects of sarbane-zoxley that i think investors got a significant bang for the buck. independent audit committees, the focus on high quality financial statements, that's...
82
82
Jun 8, 2018
06/18
by
FOXNEWSW
tv
eye 82
favorite 0
quote 0
this is the way they got martha stewart, rod blagojevich and others jeffrey skilling at enron. wig deal. >> neil: next week we will get the ig report on comey and the justice department, on barack obama and loretta lynch and clumsy handling of that investigation and who knew what and when and who shared what and when. where is this going to land us a week from now? >> well, who knows? waiting with baited breath to see the ig report that the top brass at the department of justice has already had and is reviewing and is probably trying to make redactions, they will say, for national security reasons. others will say that it's to do it to kind of protect their own butt and cya. but who knows, the reports are so far that that ig report is going to be scathing for not only comey but former director mccabe. >> neil: all right. it's pretty clear that the president's former campaign manager is under the very watchful and increasingly more aggressive eyes of bob mueller, with a new indictment and talk among some in the mueller staff that he even wanted to throw him in jail while we awai
this is the way they got martha stewart, rod blagojevich and others jeffrey skilling at enron. wig deal. >> neil: next week we will get the ig report on comey and the justice department, on barack obama and loretta lynch and clumsy handling of that investigation and who knew what and when and who shared what and when. where is this going to land us a week from now? >> well, who knows? waiting with baited breath to see the ig report that the top brass at the department of justice has...
192
192
Jun 8, 2018
06/18
by
MSNBCW
tv
eye 192
favorite 0
quote 1
trump in a similar manner as enron in early 2000s by the justice department task force included by the same lawyers serving on mueller's team? do you get the sense they are preparing for not just smearing the report mueller may present, but the incriminating testimony from someone like paul manafort? >> they showed a big willingness to go after the witnesses. they spent a lot of time on comey, trying to undermine his credibility. the inspector general's report will help them as they do that. what i found about mueller's filing. unlike rudy giuliani and the president, mueller doesn't say anything. the only way he can speak is through filings is through things like this. and when he does that he's able to establish the investigation, to layout the conduct he has found. he doesn't have the chance. he's not going to hold press conferences, not going to put out press releases. indicting the 13 russians is a way of telling a story. we'll learn more. it will be interesting to see if he puts out more and more documents as possible as a way of getting his side of it out there because he can't t
trump in a similar manner as enron in early 2000s by the justice department task force included by the same lawyers serving on mueller's team? do you get the sense they are preparing for not just smearing the report mueller may present, but the incriminating testimony from someone like paul manafort? >> they showed a big willingness to go after the witnesses. they spent a lot of time on comey, trying to undermine his credibility. the inspector general's report will help them as they do...
189
189
Jun 13, 2018
06/18
by
MSNBCW
tv
eye 189
favorite 0
quote 0
he is like the biz-dev for enron who spent his decade running around to skeevy parts of the world where it takes even more dirty stuff to get things built than new york city, and that's saying a lot. and he dealt with nasty people doing just just at the edge of or outside the edge of the law to try to me donald trump richer by slapping his name on things that donald trump didn't own. that was michael cohen's job, and in trump world, that's a biz-dev job. none of it has anything to do with the law per se. the bigger problem is the stuff he was doing is not prote b attorney-client privilege. and to go back to the real point, dumb. >> you ucan't make this up. >> and deeply crooked. i don't mean necessarily -- i don't know if he has committed crimes. i'm not saying that but crooked as in bent. we know people that the rules don't really matter to them all that much. again, not something that lawyers generally tend to -- real lawyers, an attitude they tend to adopt. >> so senator ron wyden is saying he would like the staff of the intelligence committee to interview ivanka trump. he said he wo
he is like the biz-dev for enron who spent his decade running around to skeevy parts of the world where it takes even more dirty stuff to get things built than new york city, and that's saying a lot. and he dealt with nasty people doing just just at the edge of or outside the edge of the law to try to me donald trump richer by slapping his name on things that donald trump didn't own. that was michael cohen's job, and in trump world, that's a biz-dev job. none of it has anything to do with the...
148
148
Jun 3, 2018
06/18
by
MSNBCW
tv
eye 148
favorite 0
quote 0
michael horowitz worked for the bush justice department after 9/11, helped set up the enron task forceuption cases in new york city. he is a justice department institutionalist. a guy who generally plays it down the middle. and he has been unafraid as inspector general to criticize both democrats and republicans who cross the lines. that's what i expect to see in this next report from him as well. >> all right. we await that report, my thanks to carrie johnson fronpr, katie benner of "the new york times." >>> coming up, who is california's most endangered republic republican, what a win or loss in that could tell us about the midterm elections. advanced connectivity... and one more thing... the world comes with it. the new, reimagined 2019 jeep cherokee. you might or joints.hing for your heart... but do you take something for your brain. with an ingredient originally found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. but as it grew bigger and bigger,ness. it took a whole lot more. that's why i switch
michael horowitz worked for the bush justice department after 9/11, helped set up the enron task forceuption cases in new york city. he is a justice department institutionalist. a guy who generally plays it down the middle. and he has been unafraid as inspector general to criticize both democrats and republicans who cross the lines. that's what i expect to see in this next report from him as well. >> all right. we await that report, my thanks to carrie johnson fronpr, katie benner of...
91
91
Jun 13, 2018
06/18
by
CNBC
tv
eye 91
favorite 0
quote 0
block's firm said in a release wednesday that practiced at tal educatn compare to the financial fraud at enron representatives for the chinese company did not immediately response to cnbc's request for comment, but again, tal shares under pressure, nearing session lows, but the stock still remains higher by more than 100% over the last 12 months. back to you. >> all right, seema, thank you >> let's get to our call of the day right now. yelp being downgraded to a sell at aegis capital, cutting its estimates and lowering its price target to $34 a share. yelp shares are no surprise under some pressure in today's session, but the stock is still uprly 35% over the past 12 months sarat, you own this one? >> i do. it's down 20% from its peak about $48 to about $40 now this is kind of how we look at it the analyst is looking at it very short term. what yelp did was a fundamental change to their business structure. they went from long-term contracts to no contracts. they had been testing this for two years. they found current clients, nothing had changed. but they were able to get more omers who were t
block's firm said in a release wednesday that practiced at tal educatn compare to the financial fraud at enron representatives for the chinese company did not immediately response to cnbc's request for comment, but again, tal shares under pressure, nearing session lows, but the stock still remains higher by more than 100% over the last 12 months. back to you. >> all right, seema, thank you >> let's get to our call of the day right now. yelp being downgraded to a sell at aegis...
77
77
Jun 14, 2018
06/18
by
BLOOMBERG
tv
eye 77
favorite 0
quote 0
that goes to the heart of what they are doi which turns out to be more enron.lock there with erik schatzker. toyota is hiring more engineers for its automated driving team after announcing an investment in grab. let's go to a bloomberg columnist toeen writing about this. pretty vague overall. what is your take? >> it was very vague, that statement that came out during the day. it was full of fluffy buzzwords. it wasngs i took out of talk of financing, of maintenance, those kinds of things. grab andto me that toyota want to be in the business of helping drivers buy cars, find financing and get into the area of insurance. they talk about user-based insurance. way through to predictive maintenance and that is the kind of thing toyota would want to be involved in. it does lead to a will be pushing toyota cars onto drivers , drivers who may have been thinking of buying whatever else. heavy investment grab and holding a seat on the board. that is a good deal for toyota. grab is there a risk that could find itself becoming asset heavy? i am curious on that and how wou
that goes to the heart of what they are doi which turns out to be more enron.lock there with erik schatzker. toyota is hiring more engineers for its automated driving team after announcing an investment in grab. let's go to a bloomberg columnist toeen writing about this. pretty vague overall. what is your take? >> it was very vague, that statement that came out during the day. it was full of fluffy buzzwords. it wasngs i took out of talk of financing, of maintenance, those kinds of...
58
58
Jun 9, 2018
06/18
by
CSPAN
tv
eye 58
favorite 0
quote 0
companies to scale back aid which could go to the guard corps is why our goal is to constrain the enron -- islamic revolutionary guard corps. >> what about the naval aggression? of iran? what should be our goal there? >> with regard to the naval aggression, our presence matters. i differentiate between our presence in general and our aircraft carrier presence, but when president obama, for good reasons, talked about a pivot to asia, what many people in the gulf heard was a pivot away from us, so psychologically, there's a sense of abandonment among some of the gc allies. the reason i talk about taking aircraft carriers and pushing them into the arabian sea, is to neutralize the threat posed iranian small boats swarming tactics, where they can reach us but we can't reach them. we can reach them from the arabian sea, they can't retaliate. >> a stronger presence, am i hearing you saying that would be a change from the obama administration's approach? >> between 2003 and 2011, we had one carrier strike group in the persian gulf. between 2000 -- twee 1991 and 2003, we had one, between 2003 a
companies to scale back aid which could go to the guard corps is why our goal is to constrain the enron -- islamic revolutionary guard corps. >> what about the naval aggression? of iran? what should be our goal there? >> with regard to the naval aggression, our presence matters. i differentiate between our presence in general and our aircraft carrier presence, but when president obama, for good reasons, talked about a pivot to asia, what many people in the gulf heard was a pivot...
96
96
Jun 3, 2018
06/18
by
CSPAN3
tv
eye 96
favorite 0
quote 0
so we offer food as a tool to win allegiances when enron and iraq were having a war.ne of the ways we win allegiances is through food. a little bit more about that in a while. form of patronage became so pervasive that it was described as the democracy of red. just as a lesson in any dictatorship war, the weak point for democracy of bread is that sooner or later, people are going to want real democracy. is that in the arab culture, while bread is basic, if you do not have it, you have nothing. when you were helpless and you can't afford bread, the assumption is it is not available. it is this lack of food subsidy, helpsat that actually trigger some of the movements in the arab spring. in 2008, it was a price hike of food. this is one of the things that happened. about some bit more other things that you might not know about with food and war, i have lots of details about famine, and i don't know if we want to get into all of those grisly facts, but i do want to -- by the way, the bengal famine, which i referenced, had 3 million deaths . there was a vietnamese tonka --
so we offer food as a tool to win allegiances when enron and iraq were having a war.ne of the ways we win allegiances is through food. a little bit more about that in a while. form of patronage became so pervasive that it was described as the democracy of red. just as a lesson in any dictatorship war, the weak point for democracy of bread is that sooner or later, people are going to want real democracy. is that in the arab culture, while bread is basic, if you do not have it, you have nothing....
28
28
Jun 16, 2018
06/18
by
CSPAN3
tv
eye 28
favorite 0
quote 0
. >> well, i appreciate you mentioning that situation, because, i do think in the time of enron, people tried to get the ferc to use all sorts of other standards by which to look at that problem, and i think that the ferc realizes that was -- you're just and reasonable rate clause was the focus and should always be the focus of ferc, so i don't even agree on the security side. i am very well aware where cyber security attacks are coming from, and some of these have been into our plant operating systems, and so it doesn't matter what the plant operating source is. the issue is that cyber security can disrupt any type. any type. so our goal here is to try to build a better resiliency, and backup send information into the system. so that we can better track that kind of attack no matter what the sources. so, i don't even agree that this is an issue about -- that somehow these other sources could be more reliable or secure. i don't even agree with that. we hope the commission will keep playing this role. we are reaping the benefits of what we push here which is to have more natural gas, and
. >> well, i appreciate you mentioning that situation, because, i do think in the time of enron, people tried to get the ferc to use all sorts of other standards by which to look at that problem, and i think that the ferc realizes that was -- you're just and reasonable rate clause was the focus and should always be the focus of ferc, so i don't even agree on the security side. i am very well aware where cyber security attacks are coming from, and some of these have been into our plant...
106
106
Jun 14, 2018
06/18
by
CNBC
tv
eye 106
favorite 0
quote 0
remember enron and world com and global crossing?ryone thought they knew -- >> are you comparing the regulatory authorities in the united states to that of egypt and china? >> what i'm say is that there's knowable information and there's theoretically knowable information and not even the ceos of large companies know what their profits are going to be you guys ought to know that because there's always a forecast and often wrong >> unique recommendation haven't talked about egypt much. craig and mark, thank you. >>> and here's what's coming up on "power lunch. the fight for fox's assets as cnbc's parent company comcast comes in with a big bid. how will disney respond? we will break down the numbers and what's at stake. >>> plus lowering drug prices and the future of health care in america, an exclusive with the ceo of eli lilly plus an e-tailer taking off and it's not amazon liouho dngn w'soi o onne sales right that and more as "power lunch" motors on. since i added futures, i have access to the oil markets and gold markets. okay. i'm
remember enron and world com and global crossing?ryone thought they knew -- >> are you comparing the regulatory authorities in the united states to that of egypt and china? >> what i'm say is that there's knowable information and there's theoretically knowable information and not even the ceos of large companies know what their profits are going to be you guys ought to know that because there's always a forecast and often wrong >> unique recommendation haven't talked about...
97
97
Jun 18, 2018
06/18
by
CSPAN3
tv
eye 97
favorite 0
quote 0
i think in theimes of enron people tried to get ferc to use different strds. ferc realized your just and reasonable rate clause is the focus. i don't even agree on the security side. i'm well aware where the cyber attacks are coming from. some of these have been into our plant operate ing systems. it doesn't matter what the source is. the issue is that cyber security could disrupt any type. our goal is to build better resiliency and back ups and information into the system so we can better track that kind of attack no matter the source. i don't agree it's an issue that these other sources could be more reliability or secure. anyway, we hope the commission will k playing this role. e reaping the benefits of what pushed here, which was to have more natural gas, and now it's here. i think we have to let the market continue to play its role. >> thank you, senator. >> thank you, chairman. april 26th, we introduced the act that makes several common sense reforms to bring the 40-year-old public utility regulation policy act in line with what modern energy markets are
i think in theimes of enron people tried to get ferc to use different strds. ferc realized your just and reasonable rate clause is the focus. i don't even agree on the security side. i'm well aware where the cyber attacks are coming from. some of these have been into our plant operate ing systems. it doesn't matter what the source is. the issue is that cyber security could disrupt any type. our goal is to build better resiliency and back ups and information into the system so we can better...
181
181
Jun 13, 2018
06/18
by
FBC
tv
eye 181
favorite 0
quote 0
can imagine the whole new world order now where, all companies become active players in a veryd enronmentk what at&t offers which is phone brand satelli directv now media conglomerate unless government files appeal 50-50 at this point judge in a manner said please don't going to hold up really huge deal cost so much money unnecessary you made your argument in any case one shot really, take it. >> i think there was a third traded yesterday we didn't talk about, there was warriors done.als randall stephenson >> happy aboutt who is in catbird seat is everybody now up for grabs in terms of content? . >> everybody certainly up for grabs in terms of content what is really interting i wld like to give capital disney offering a streaming service next year 2019, and already stated, that their superhero and "star wars" content will now not be available on netflix going to impacts consumers not just because third partiers are not offering the content and other platform providers going to see a rip ripple effect on netflix hulu. >> have any names particularly attractive? >> john malone sitting there,
can imagine the whole new world order now where, all companies become active players in a veryd enronmentk what at&t offers which is phone brand satelli directv now media conglomerate unless government files appeal 50-50 at this point judge in a manner said please don't going to hold up really huge deal cost so much money unnecessary you made your argument in any case one shot really, take it. >> i think there was a third traded yesterday we didn't talk about, there was warriors...
107
107
Jun 13, 2018
06/18
by
MSNBCW
tv
eye 107
favorite 0
quote 0
he is like the biz-dev for enron who spent his decade running around to skeevy parts of the world wheree dirty stuff to get things built than new york city, and that's saying a lot. and he dealt with nasty people doing just just at the edge of or outside the edge of the law to try to make donald trump richer by slapping his name on things that donald trump didn't own. that was michael cohen's job, and in trump world, that's a biz-dev job. none of it has anything to do with the law per se. the bigger problem is the stuff he was doing is not protected by attorney-client privilege. and to go back to the real point, dumb. >> you ucan't make this up. >> and deeply crooked. i don't mean necessarily -- i don't know if he has committed crimes. i'm not saying that but crooked as in bent. we know people that the rules don't really matter to them all that much. again, not something that lawyers generally tend to -- real lawyers, an attitude they tend to adopt. >> so senator ron wyden is saying he would like the staff of the intelligence committee to interview ivanka trump. he said he would like th
he is like the biz-dev for enron who spent his decade running around to skeevy parts of the world wheree dirty stuff to get things built than new york city, and that's saying a lot. and he dealt with nasty people doing just just at the edge of or outside the edge of the law to try to make donald trump richer by slapping his name on things that donald trump didn't own. that was michael cohen's job, and in trump world, that's a biz-dev job. none of it has anything to do with the law per se. the...
71
71
tv
eye 71
favorite 0
quote 0
shouldn't like there's no reason someone shouldn't be held accountable what do you think it is about the enron rose case that just takes it to a level where finally this is a not and serious action to happen. i think this has a lot to do with. the person that antwan rose was. in attendance at the funeral folks the way they talked about him talking about a seventeen year old student i'd like to ski and like to snowboard and smiled all the time and volunteered at a free store and was an honor student and was a poet and all of these things i think when people see images of him and hear stories about him they see the kids that are doing great things in their communities they see their sons and their nephews and their brothers and i think that is motivated and inspired people in a way that i haven't seen before and it's not just activist organizers or community builders at these protests and rallies it's grandmothers in trans women of color and white people and young black people young black people leading these efforts it is people that are the most marginalized within our communities from the hom
shouldn't like there's no reason someone shouldn't be held accountable what do you think it is about the enron rose case that just takes it to a level where finally this is a not and serious action to happen. i think this has a lot to do with. the person that antwan rose was. in attendance at the funeral folks the way they talked about him talking about a seventeen year old student i'd like to ski and like to snowboard and smiled all the time and volunteered at a free store and was an honor...