she went to gmi, which is no longer called gm institute. she's very sharp. she's very smart. she has teenage boys, she's getting information from the millennial marketplace and the baby boomers and jen x. i would not necessarily jump in and buy the stock, but i think we have positive things coming our way. >> how difficult is it to say redesign corvette or impala to be right there for it to be successful. >> it will take a couple of years. it's not someone just drawing it up and then saying, yeah, let's have do that. there has have wind tunnel testing, production has to be produced, and she's involved in the production side. which is very unusual. she even worked in human resources which is very good when you have to work with the unions. the uaw has got to like her, too. >> lauren, finally, several women occupy executive position at general motors. tell us about that. >> there are a lot of women who are up and coming in a lot of manufacturing companies, and big for gm and for ford and chrysler to do this because women make 85% of the buying and maintenance decisions. we own

global, gmis going is going back. it is trying to focus on its european brands. draghi, be a risk east -- risky strategy. here is a bloomberg exclusive. >> i think the u.s. government has been selling gm for a long time. they're almost out. there were prohibitions put on the management by the u.s. treasury. it made it government motors. it needs to be general motors again. it is a fascinating time and a catalytic time. i think it will release management to put into place demands and do something that is shareholder friendly. that up toot inc. lofty a lot legal? -- goal? >> i think it is probable. 25% is that the first something that will happen in the near term. the rest will probably happen over the next year or two. >> are you going to take an active stake? >> as of right now just passive. >> gm is up well ahead of market. we will hear more from mr. bass and the investment he is betting against. the former fed chief, alan greenspan, says he knows a bubble when he sees it. last night was the annual lighting of the rockefeller christmas tree. the tradition goes b

. >> that bit of the gmi, you've started subscribing a bit of the gmi. >> not really about going into the detail, but capturing the big picture and making it a memorable overall picture at the end of the show. >> because by the end of the show, this entire board, what will it look like, do we know? >> not really. but it should be full of pictures and a summary of everything that was said during the show. >> it's great to have you. you say everything we talk about today will be scribed by amanda. at the end of the show, we will have a graph can representation of the whole two hours of "worldwide exchange." fernando, we'll keep coming back to you on the show. and at the end, you'll be able to see exactly what we talked about, as well. >>> still to come, as well, while the business world is scribing, we'll talk to the founder of innovation arts about how this gets used in the program, as well. but that's happening throughout today's show. >> so the next topic for fernanda to scribe is we'll talk about germany. this weekend, the social democratic party will unveil results of a party ballo

she has been with the company for i believe 30 plus years graduated from gmi. think of gmi like you would west point or nap was. general motors does not run it anymore. they had their own service academy fewell and shoe-in to stanford to get her mba and has performed exemplary. i think it's noteworthy. i think it should be and i think she was well deserving of the appointment. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> good afternoon. i am jeff slacker present of banker richman and service the chair of the system sponsoring committee. i'm honored to serve as your master of ceremonies for this a torri givan. on behalf of various several reserve system centennial coordinating committees i would like to be made to the commemoration of the 100th anniversary of the federal reserve act and the founding of the federal reserve system. the signing of this act by president woodrow wilson wilson was the culmination of decades of discussion and debate on myriad proposals from banking

she graduated from gmi, think of that like you would west point or annapolis. they had their own service academy. she went to stanford. she came back and has performed exemplary. it is noteworthy. it should be. i think she was well deserving of the appointment. >> your announcement today is about the 1.3 billion dollars invested around the u.s. a questioner asks about plans to increase investment globally. >> between product development and capital expenditures, you would spend $15 billion a year. when we spend a billion three sound like a big number. we are doing this around the globe. you see business opportunities and the likelihood of success. we are going to continue to invest at this rate. one of the things we came into this we are so burdened with the debt and we are underfunded. now what we do is we have a fortress balance sheet. we went into bankruptcy at think we have 40 plus billion dollars in debt. now we have a liquid position about $37 billion in cash. shareholders are saying that is too much. we will balance that about what we need. we used to ha

she has been with the company for i believe 30 plus years, graduated from gmi, and think of .hat as annapolis general motors does not run it anymore. we had our own service academy, if you will. she went to stanford to get her nba and came back to the company and has been exemplary. i think it is noteworthy. be, and she was well deserving of the appointment. today ofnnouncement the 1.3 billion dollars invested around the u.s., a questioner asked about plans to increase investment globally. >> well, between product development and capital expenditures, you can spend $15 so we spendyear, 1.3 billion dollars. i know it sounds like a big number, and it is, but in the big scheme where we are doing around the world, where we see this miss opportunities and the likelihood of success, we are going to continue to invest at this rate areas one of the things, when we came in with this, we were so burdened with debt. put inow to invest and our pension funds because they were not performing. they were underfunded. what we do is we have a fortress balance sheet. when we went into bankruptcy, i think we had

connell: ford with the headlines surrounding g gmi have been talking about. through the automakers planning to do about that coming up. dagen: a huge move the upside to the housing starts. real estate guru talks about that, inventory levels, what is hot, what is not. 97 and change. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spai and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a cplex, global economy. it's just one reason over 70% of our mutu funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing. open tinnovation. open to ambition. open to boldids. that's why n york has a new an -- dozens of tax free zones all acro the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. st

she has been with the company for i believe 30 plus years graduated from gmi. of gm might like you would west point or annapolis. general motors does not run it anymore. they have their own service academy if you will and she went to stanford to get her mba and came back in the company has performed exemplary. i think it's noteworthy and i think it should need. i think she was well deserving of the appointment. >> what is going on today comes down to two words and they are not my two words. fundamental transformation. those were obama's words and i asked a couple of questions. when you look at the constitution and the power of the president does the president have the power to and mentally transform america? of course not. and why would you want to fundamentally transform america? that means you don't like america very much, do you? you don't like capitalism private property very much and that means you don't like our constitutional system very much. when you keep hearing this fundamental transformation change is hard and we need to understand this is a direct

she graduated from gmi, think of that like you would west point or annapolis. they had their own service academy. she went to stanford. she came back and has performed exemplary. it is noteworthy. it should be. i think she was well deserving of the appointment. > your announcement today is bout the 1.3 billion dollars invested around the u.s. a questioner asks about plans to increase investment globally. >> between product development and capital expenditures, you would spend $15 billion a year. when we spend a billion three sound like a big number. we are doing this around the globe. you see business opportunities and the likelihood of success. we are going to continue to invest at this rate. one of the things we came into this we are so burdened with the debt and we are underfunded. now what we do is we have a fortress balance sheet. we went into bankruptcy at think we have 40 plus billion dollars in debt. now we have a liquid position about $37 billion in cash. shareholders are saying that is too much. we will balance that about what we need. we used to have

she has been with the company for i believe 30 plus years, graduated from gmi.hink that you might as you would west point and annapolis the general motors doesn't run anymore, had their own service academy if you will. she went to stanford, got her mba and came back to the company and performed exemplary. so i think it's noteworthy. i think it should be, and i think she is well deserving of the appointment. >> what's going on today comes down to two words. and they are not my keywords. on fundamental transmission of those are obama's words. and i asked a couple of questions. when you look at the constitution and the power of the president, does the president have the power to fundamentally transform america? of course not. and why would you want to fundamentally transform america? that means you don't like america very much, do you? that means you don't like capitalism, private property rights very much. that means you don't like our constitutional system very much. when you keep hearing this fundamental transformation, change is hard, we need more time for chan

she has been with the company for 30 years, graduated from gmi. general motors no longer runs it.hey have had their own service academy. i think it stanford is noteworthy. it should be. i think she was well deserving. joining us on the program is sandy read back. reback. of presidentcture obama and vice president biden talking to others about trade policy. president obama has really decided to try to reshape the global trading system. the first was concerned about things like the affordable care act. now he is really turned overseas in many ways and he has a lot of big negotiations going on simultaneously. one in the asia-pacific of the itnspacific partnership and is all part of the pivot to asia. there is concern amongst politicians and the united states, along with other countries in the region. they have grown tremendously economically. the administration believes that through things like trade agreement, that is a way to assure u.s. allies in the region that united states is going to remain engaged in the pacific. there are charts showing the trade imbalance and what the u.s.