, anybody remember enron.aughter] enron and worldcom how about worldcom if those companies have listened to whistleblowers inside of their organizations, they could have righted the ship before these companies went belly up. if you know a smart ceo, you are going to want to create a climate in which people feel comfortable telling you and something needs to be fixed. and that is hard to do. you gotta be a pretty self-confident human to be able to take that kind of criticism. but there are leaders like that. and they are extraordinary. >> i love hearing questions from chicago. i am from chicago. >> me to moment. [inaudible conversation] >> i think that's really true. i open the book by talking about that. whistleblowers and has take me to move it because what is happening there, everybody knows that's wrong. there's all these laws of the book. but sometimes the powerful don't want to influence the rules and is in their interests. do not enforce them so whistleblowers really exposes blind spots and for society t

parties and what agreement they've come to then right and wrong caught up with the latest from back at enron thank you. all the top u.s. diplomat in ukraine has wrapped up 10 hours of testimony as part of the impeachment inquiry into donald trump democrats leading the depositions a william taylor provided the clearest account that the u.s. president pressured ukraine twin best to get a political rival and exchange for military aid good to reports. william taylor is the acting u.s. ambassador to ukraine a career diplomat who has served democrats and republican administrations the white house ordered him to ignore the impeachment inquiry he defied that instruction his close to testimony may be highly damaging to preston trump he was worried a white house meeting with ukraine's new president what amuses lensky was being held up until he delivered ukrainian help in investigating donald trump's political rival joe biden in his opening statement he said he spoke with ambassador gordon some learned the u.s. envoy to the european union during that phone call ambassador solon told me that president t

paper, and all of the investors are wearing enron paper when the stock went down.lix: speaking of, i'm really interested in goldman sachs because they could take a hit of hundred $60 million on uber, 200 uber, of $260 million on $264 million on wework. it's all so tied together, so seemingly innocently, but i don't know. level, jp broader morgan is expanding its balance sheet in order to increase net interest income. the question is, how much more risk are they talking on -- are they tacking on in order to do that? much more in this environment to lend to corporations? alix: and how much harder that gets when in a press release, jp diamonds has there's a strong -- jamie dimon says there is a strong consumer, but warning of strong geopolitical risk. gethat gets worse, you worse from consumer discretionary, it's at or. -- this chris neri, -- consumer discretionary, etc. lisa: i really want to hear what jamie dimon has to say about consumer charge-offs and what they are saying with was back to delinquencies and fall off. had the bank of america fund manager survey com

time to check in on the entertainment headlines and we're starting with a movie about a scandal of enron to cable news network. david daniel has more in this morning's hollywood minute. you may have >>there was a dust-up involving yours truly in presidential contender donald trump. >>on the first full trailer for bombshell features and almost unrecognizable shirley's theron as megan kelly margot robbie is a young producer and nicole kidman as gretchen carlson who sued fox news founder roger ailes played by john let's go for sexual-harassment bombshell hits theaters, december 20th. the adams family exceeded expectations debuting with more than million and you know what that means and gm is given the green light to a sequel no details on the follow-up to the animated family film based on the classic characters that we do know it's due in theaters october 22th, 2021. >>officials of the 2020 tournament, rose's laurie hernandez as gina torres. >>this talented trio has a new year's day did pasadena. the grand marshals of the next rose parade represent 3 generations of latina stars. he got winn

now to france where farmers enron have been banned from selling their produce and after a major fire at a local chemical plant the farmers are now seeking compensation from the government .

their challenge for the government of enron con the opposition and now are determined one his resignationthey have been told between the government committee and the leadership of the opposition tried to reggae on the venue for the broader than a clam about the opposition had assured the government that they were not going to the red zone but they did great good snow balling to come thing really big and it will be a major challenge for the prime minister brown can go award that come by in front of the opposition who are now hell bent on what they call our god the moderate means freedom marked dame of god for election and the resignation of the prime minister. for years children have been recruited suffice in conflicts in seat on some of those wars have ended but human rights organizations say many children are yet to be released spy on groups and those who have struggle to rebuild their lives heber morgan reports from science quarter phone this has become the way al had he has and spends most of his afternoons since the 21 year old returned home to ca took me 2 months ago he says drawing

manipulation a really good example short selling thing never get involved identifying the overpriced enron and then up subsequently unraveling their accounting practices. french president emanuel my kronwall visit china next month to meet with his chinese counterpart president xi jinping for talks on an agenda includes climate change and trade this is the french president's 2nd trip to china since taking office in 2017 archie archie surely paris has a story on this upcoming diplomatic journey. well it's been confirmed president maclin is to make a 2nd official visit to china late in the next month in the hopes of deepening trade between his country and china and also to try deepen relationships when it comes to fighting climate change now this comes at a time when there is an escalating resistance from e.u. leaders and also from businesses to do trade with china over what many have seen as china's reluctance to change its practices over what many say are unfair issues such as currency manipulation which also has been a criticism from the united states now this visit will be seen as being v

looks like they're going to go bust it looks like this company is going to go to 0 this looks like the enron of venture capital mitch but you know in the 1st half we covered your chart about the housing bubbles the top 2 cities in terms of the jump since 2009 in the length of time required to afford a home or hong kong and paris both of these cities are now mired and on rest this year they saw in paris obviously and in hong kong we're seeing these enormous street protests is this are these 2 things connected is this a can tell of the fact on display image absolutely max but here is the wrong julie joy in france you see anywhere mentioned in the media the state. newsmedia it is fate news they don't cover of the real important stories you go back to the beginning and go into the housing bubble it isn't sample of central banks gone wrong using the world's largest hence funds speculating in markets and what they've done are inflated the most protest as a well in the history of this plant which will cause the next credit crisis which will be a crisis of the fleet now going back to the correlation

to buy and sell bonds which then you're relying on the same people on wall street that bankrupted enron worldcom week work etc and it's a losing proposition that they can well they don't buy marketable securities so they're held to maturity so that they have to buy low prices all right well we're going to take a break when we come back much more coming your way. thinking of getting a new phone the ones we got in here shows no problem was he didn't know what to do he was trapped in this tiny little wired how much we don't need a crate with him the wall. reaching out into the wall when is freedom anywhere near and thousands of breeding dogs are caged in the interview lane conditions on puppy farm i mean 67 years you know they've been locked up in a cage outside you see no protection from the weather the heat you know the courtier the rain the snow the founder nothing they have no protection. to get well you. know it's ok. across the us cruel puppy mills are supported by dog shows and pet stores most of the puppies that are coming from these large scale factory farming kind of operations a

to the press and as a company that something you should not want you want that internally because enrond worldcom if those companies had whistleblowers inside their organization if you are smart ceo you want to culture that people are comfortable to tell you what they see. you have to be pretty self-confident to take that criticism but there are leaders like that and they are extraordinary. >> i'm from chicago. >> what about the #metoo movement? >> that is true and i open the book talking about that because they are whistleblowers with the #metoo movement because what was happening there there are all these laws on the books but sometimes the powerful don't want to enforce the rules that is in their interest. so it forced society to confront the hypocrisy they got between their ideals and their behavior and we all have blind spot but it's useful to think about what your blind spots are with those alternative points of view and that's what #me to movement did. there are ideological folks on the left and on the right that american constitution democracy is not ideological but committed to

when i started this business, high-profile scandals, ivan bosky, worldcom, enron, they were followedrket swoons. they changed public attitude toward business. president barack obama was antiwar champion and housing crisis fell into his lap and he sailed to victory on corporate greed. no doubt johnson & johnson will weather the storm. i think their actions put the market at risk. made it a lot easier toville noise capitalism. i would like to bringing in capital wave strategist shah ghailani. these companies will be around next 100, 200 years, near term i'm concerned about what we're reading about boeing emails, the repeated problems at johnson & johnson? i think it helps the aocs of the world? >> it does. and however, while it does, as problematic as they are, for the companies and for the market i think these things will pass, the market resilience will stand forward. the market will go higher eventually. these things as they happen, charles. you witnessed enough of them. i witnessed enough of them. the not a lot changes. greed is still greed. unfortunately there is a lot of it on th

polling station in srinagar in indian administered kashmir it's the 1st election since prime minister enron remade the abolished the region's autonomy and imposed a security knock down 3 months ago. i'm voting for kashmir and for my political party because it's my right to vote i'm also voting to strengthen my party datas are electing 300 council leaders but most political parties including india's main opposition congress voting separatist leaders have described the election as an illegitimate exercise under military occupation the candidate such as some may ask that refuse to be intimidated felt that tact is the but the dollar amount is bigger than the threat because when you dollop of nation thousands of lives of sacrifice to develop a nation so i'm one i'm among the doors i think for me development is the. turnout is expected to be low in at least $25.00 councils candidates representing mateys hindu nationalist b j p have run unopposed many kashmiri see the election as a cynical attempt to create a political elite loyal to the major government this election don't mean anything for the p

states states put their power lines underground and they were given money back when the scandal with enron happened back in the early they didn't do that stuff. so you know obviously not happy thrilled know i would rather you know obviously don't want everything to burn down my family has lived in the state since the gold rush before it was even a state and so i love california but now i mean i think there's got to be a better way you know we're not living on the moon somewhere where everything has to be kind of pipe in. there's i've read about know different ways to kind of have microgrids where they could only turn off the power when they need to but mainly the thing is tree maintenance putting lines underground. clearly she's not happy with the genie pg e says if they do the rolling blackouts could last in a perfect world 48 hours not if there's any damage to the power lines can take a lot longer to make the repairs and then re energize the line so pg e still very controversial about this, but they claim this is the lesser of 2 evils considering all the wildfires that we've seen over th

so we code-word searched our emails and turned over enron emails, u.s. attorney emails.ot everyone is taking their legal advice from the top down when they've got a secretary of state who appeared to lie in and around our sunday shows about being on the call in the first place. who is running the rodeo at the state department in toerm terms of those subpoenas? >> that's a good question, and that's presumably why the inspector general is up here today to talk about whether state department officials have been instructed not to cooperate with capitol hill. that's going to be a big deal in the coming weeks and months because you have now three committees all with subpoena power looking into that. and i think if you look deep into these agencies, there are people, career employees, who is don't want to play by the same rules that some of the administration on the political side want to play by. so this is going to be the next tension in the next couple weeks. and adam schiff said we're not playing games, we don't want this to go on forever. but it appears based on what we se

many activists outside provinces of demonstration are threatened with arrest and disappearance so enron what do people believe will come of this investigation. well there's not a huge amount of hope that the investigation will actually tell get any of the people responsible what we're hearing is that the iraqi army was responsible for most of the life on to the crowds they were actually taken away from for example so the city here in baghdad and replaced with federal police forces but charging the army is going to be very politically difficult for the prime minister. and so bringing these people to justice may well be a very difficult thing because under a tremendous amount of pressure by this the most senior religious cleric a shia muslim religious cleric in the country grand ayatollah ali sistani actually gave him a 2 week deadline and said this investigation must take place within 2 weeks and so the protesters been speaking to say well that's a great deadline for us will give him the 2 weeks but if he doesn't come up with a credible investigation where the results are plain and clear

it is important to understand, and it came out briefly in the previous panel, that enron's foreign policy is characterized by a specific structure, but also specific principles that characterize its definition since basically the revolution, but even more since 1989. the empowerment of the current supreme leader. i would argue since then we have seen continuing in the iranian foreign policy, but more specifically, on the iranian foreign policy in the middle east. definen policies that iranian policy are the standing up to hegemonic powers, namely the united states and israel. peacefule to build relations with countries, the desire to defend the rights of --lims and the intention to particularly with neighboring countries. this is not me saying that. you can go into the constitutions and read these principles, clearly outlined by iran. stated bybeen very the supreme leader in particular as recently as 2004, but also more recently with specific dossiers. when you look at the overall framing, this is where iran stands. obviously, with specific dossiers, they will pick and choose which of the

government 10 days to come up with some sort of reforms i mean from everything we're learning in what enron was just saying this is not something that will get fixed that quickly is it. quite right everybody every politician now will follow a trend by distancing itself from the government close and deciding to at least. going to the side of the demonstrators basically this government is one of the good ones who had all the best one we've had for some time in terms of the team being a good team. collaborating together with the presidential the 3 presidents have been teaming up nicely they have been getting on with strategies visions and things to do to deliver on services and meet the expectations of the people but the iraqi system of governance is dysfunctional rule of law is poor the institutions are not solid and it's been this problem these chronic problems have been accumulating for a number of years no government can have the magic wand. quickly delivering on all these promises that they make and this government had the lived a period of 2 months of honeymoon where people gave them the

lot of chinese companies don't ,ooperate with the pc aob overseas auditing that came up after the enron scandal. a lot of chinese companies in the u.s. don't abide by the same standards. marco rubio putting out that that is a risk for american investors, and the white house seems to be taking his line. alix: hang tight with us. alibaba, tencent falling on this news. there's the chinese delegation that is going to meet on thursday. what are they thinking of doing now? shawn was just explaining, all indications is that the mood music is somewhat downbeat ahead of the stocks. there's some expectations among investors in policymakers -- there was some expectation among investors and policymakers that things would get back on track. this doesn't indicate that a near-term deal, or certainly a let'snear-term deal, but not forget china will have something of a response of its own going forward. let's see what kind of mood music does come out of those talks in washington, and how long those talks last. local paper reported that those talks might even finish up early, with the delegation returnin

i have never seen a better example of cash and carry government than this bush administration and enronore or after september 11th, a public that's this out of control with fear should not have a lot of guns or ammo laying around. >> i was shot with a tech 9. >> 9 millimeter? >> yeah. i guess it was supposed to be semiautomatic, but it seemed fully automatic to me. >> this is richard. and this is mark taylor. both of these boys were shot the day of the columbine massacre. richard is paralyzed for life and in a iwheelchair. and mark is barely standing after numerous operations. >> the kids at columbine had to pay a penalty. we paid a penalty that day for this nation. the way we look at it. >> they were disabled and suffering from the 17 cent kmart bullets still embedded in their bodies. as they showed me the entry points, i thought of one way to reduce the number of bullets laying around. i asked the boys if they'd like to go to kmart to return the merchandise. >> hi, we're here to see mr. conway. >> you need to turn the camera off. >> all right. turn it off. >> how are you? >> i'm the d

it's not the panacea for everything the chairman of the 2000 era all of the crumbling companies, enroneady. it wasn't preventive it certainly didn't predict better governance. however, at time of transitions, ceo successions, general motors, procter & gamble the best times are when they had people running cover for them. at caterpillar, david calhoun took on that role very successfully, quite recently until last year, at caterpillar. so i think it works well you know, there's a -- at raytheon in an earlier era, there was a great engineer who got the job earlier, tom phillips he created the patriots missile system he was ceo charles francis adams ran cover for him as chairman handling the regulatory front i think that can be a very effective partnership. it surely will in this case. >> i've known calhoun, dave, a long time. is -- what's the role of a non-executive chairman is he going to be more of a hybrid between executive chairman and non-executive chairman would you think, jeff >> that is such a good question, joe. one i didn't mention that you would know well would be the transitio

it's not just enron, not just the financial crisis, not just my kids on opioids.l do something radical and different. alabama won with yes we cannot weapon could after we put together a committee. so that idea it works as far as people thinking you can win this way in a general election, but it's not going to make people excited. that's why warren and sanders even though he's dropping now have been doing so well. >>> the big news here in washington was testimony by white house aide fiona hill. willie. >> she spent nine hours behind closed doors giving her testimony in the impeachment inquiry yesterday. let's talk about some of what she said. a source telling nbc news fiona hill told lawmakers that after national security adviser john bolton learned of the efforts to get ukraine's government investigate president trump's political opponents, bolton told hill that he want nod part ed n what he called the, quote, drug deal. it also involved white house chief of staff mick mulvaney. hill testified that bolton called giuliani a, quote, hand grenade, and told hill to re