a lot more process internal to goldman sachs and exturn to goldman sachs making sure that things are well complied. for example, when we go out and validate an investment that we're very transparent about what we do, rules that govern what we can say about certain things and certain times. making sure that both sides of an issue are explored. so in other words, yes there's more process and there's more scrutiny oversight. but basically, the substance of what i said, what our role is in the world is an intermediary between people who need capital and the big pools of capital, that's been pretty, that role has been a necessary role for thousands of years of financial history. >> rose: talk about this conference that you're having and what might come out of it. how fast will the shell revolution come on stream. when we will see the consequences. >> there's a number of consequences we will see. one consequence already with the ambiguities that exist, you can see part of the revolution has alreadycthere's a lot more enery becoming available. oil and natural gas. and we're well on our way

there is a lot more process, both internal to goldman sachs and external to goldman sachs, making sure that things are well-complied. for example, when we go out and validate an investment we are very transparent about what we do. rules that govern what we can say about certain things at certain times, making sure that both sides of an issue are explored. yes, there is more process and there is more scrutiny oversight, but basically, the substance of what i said what our role is in the world isn't it in a year -- an intermediary between people who need capital and pools of capital, that role has been a necessary role for financial history. >> talk about this conference you are having and what might come out of it. how fast will the shale revolution, and stream? -- come on stream? >> there are number of consequences. one consequence already with the state of regulation as it is with the ambiguities that exist, begin see part of the revolution has already been felt. there is a lot more energy becoming available, oil and natural gas. we are well on our way, not being independent because w

. >> goldman was stabbed about 20 times. and he put up a struggle. >> there was literally a river of blood flowing down. >> the evidence was so clear. the blood evidence, the footprints.j1qú >> o.j. simpson was such a legend. no one has that famous has ever been on trial in this country. >> would not have committed this crime. >> it turned into a circus. >> if it doesn't fit, you must acquit. >> evidence looking at was just all right there. >> these are the racist l.a. cops. >> feel changed their entire lives around this trial. >> hello, i'm greta van susteren. 20 years ago, in june of 1994, police were called to the scene of a horrendous double homicide in los angeles. left to die in a river of blood where nicole brown simpson, ex-wife of football great oj simpson and her friend ronald goldman. the trial of÷x for these murders lasting astonishing 16 months it has h. twists and turns playing out in the courtroom while a nation watched on television. i covered the case from the beginning. when i last sat down with oj simpson

including goldman sachs. which is why to this day i admire the firm that i run today because they have a good sense. but, i did, are the only job i could get that kind of had you know related to wall street was j. arnie and company, a commodity trading firm which onn equities and fixed income and commodities commodities is just above the toaster compared to the other job but i got a job there and soon that got acquired by goldman sachs. that's how i got into goldman sachs. >> for the record when i got out of school instead of going to vietnam i applied to two firms both offered me a job. goldman was one of them. i turned them down and went to solomon brothers. >> between solomon brothers and vietnam. [laughter] >> and then you got fired. >> and then i got fired in 1981, yes. best thing that ever happened to me. but you know i've always thought tomorrow is going to be the best day of my life. i really can't remember even the day i knew i was going to get fired i never had been fired before and i wanted to see

goldman was stabbed about 20 times.truggle. >> ron goldman was a waiter at a restaurant. he had seen nicole when she had been there. they had become sort of friends. >> on the night of the murders nicole's mother dropped her sunglasses at the restaurant. ron a handsome model aspiring actor offered to bring them to nicole's condo. >> that's how he ended up there. at the wrong place at the wrong time. >> the front door is open lights on, the gate is open. she is expecting ron goldman. >> a good samaritan not as a boyfriend. >> not as a boyfriend. he's bringing back jennifer brown's glasses. >> totally a good samaritan. >> sure. she is outside. she is waiting outside. >> i can't remember who they said who died first, but they were quite certain about it. >> nicole was attacked first and would have lost consciousness as soon as the neck was cut and goldman was a few wheatfeet awa. >> more with my interview with o.j. simpson just ahead. hey. i'm ted and this is rudy. say "hi" rudy. [ barks ] [ chuckles ] i'd do anything to k

that firm was acquired by goldman sachs them and that is how i got my job at goldman sachs. >> you had been extraordinarily scrappy to get to the top. >> like a lot of people you had to be one of those salmon that made it upstream. >> you got turned down by goldman sachs back in the day. >> i did, and then i got fired by salomon brothers. but things work out. >> 30 years ago, what was your motivation? what did you want to become? >> i do not remember sitting schoolut of graduate saying i knew what i wanted to do. i was supposed to go to vietnam, but at the last minute they would not take me because of flat feet. a friend of mine said to go to wall street and talk to goldman sachs. said who do -- what do they do and who are they? got a job fornd i 15 years and it was interesting. that, hiset through career and mine have been very similar. neither of us are slow, diplomatic type of people. we say what is on our minds of every once in a while you wish you had not come every once in a while everyone hate you for it. but at least people know that is what you mean. you, what did you feel 30

goldman was one of them. i turned them down and went to salomon brothers. >> was that a close between salomon brothers and vietnam? [laughter] >> yeah. and then you got fired. >> and then i got fired in 1981. yeah. best thing that ever happened to me. but i've always thought tomorrow is going to be the best day of my life. and i really -- i can't remember -- even the day i knew i was going to get fired i had never been fired before. and i wanted to see what it was like. [laughter] i just -- i have nothing in common -- >> like going in the deep end, isn't it? >> i have nothing in common with people who are looking at the glass being half full. it is what it is. that was yesterday. what are you going to do about it? just tomorrow. and it's always been a successful formula. i think most people are successful. every once in a while you buy a lottery ticket that gives you $100 million. but most people optimists go out and create things. and i've always described a good salesman is a salesman that if the door is sl

. >> goldman was stabbed about 20 times. and he put up a struggle. >> there was literally a river of blood flowing down. >> the evidence was so clear. the blood evidence, the footprints.j1qú >> o.j. simpson was such a legend. no one has that famous has ever been on trial in this country. >> would not have committed this crime. >> it turned into a circus. >> if it doesn't fit, you must acquit. >> evidence looking at was just all right there. >> these are the racist l.a. cops. >> feel changed their entire lives around this trial. >> hello, i'm greta van susteren. 20 years ago, in june of 1994, police were called to the scene of a horrendous double homicide in los angeles. left to die in a river of blood where nicole brown simpson, ex-wife of football great oj simpson and her friend ronald goldman. the trial of÷x for these murders lasting astonishing 16 months it has h. twists and turns playing out in the courtroom while a nation watched on television. i covered the case from the beginning. when i last sat down with oj simpson

we could only guess as to why not. >> victim ronald goldman's father, fred goldman had his own ideas.ght, quit following him on the freeway, do what you would do with any other fleeing felon. he's a fugitive, he's running, take him down. i don't mean take him down shoot him and kill him, stop him, arrest him. >> when you were meeting with other members of the lapd when this was going on, tell me how you were preparing and strat guidesing for number one possible gunfight, shootout. or number two, surrender. >> when we had those discussions, it was a dynamic situation, whether or not we should do some type of intervention. it could have gone sideways instantly. the officers on scene would protect themselves. it could have resulted in a shooting. >> still free, and leading police on this bizarre slow speed chase, o.j. does something unexpected. he calls his deceased ex-wife's family from the back seat of the bronco. >> did o.j. at any time call you? >> i talked to him, i said listen, you have two kids. then i gave the phone to my dad. >> did your dad try to talk him out of it? >> yes, he

alix steel reports from the goldman sachs energy summit.o liana goldman breaks down the latest rumor news national poll. we begin with peter cook on capitol hill and more on last night shocking primary defeat for house majority leader eric cantor. peter, let's begin on the breaking news about his future. >> that is right, his future on capitol hill will not include serving as majority leader of the house of representatives. he is going to be stepping down at the end of july from that position. at is the immediate consequence from, as you said, his stunning defeat in the virginia primary yesterday. 24 hours ago, people saw him perhaps replacing john boehner, and now, he is effectively out of a job and will be out of the leadership at the end of july, a stunning turn of events for somebody who was ratcheting to the top of the republican party leadership. it is hard to imagine this could have happened 24 hours ago, but that is what happened. a tea party conservatives, the seventh district in virginia, challenged eric cantor, saying he was not

d the male victim as 25-year-old ron goldman. at this point they didn't know much about him. >> there's numerous wounds on the neck. goldman fought like hell. >> asleep inside the house were the simpson's two children, sidney and justin, who hadn't heard a thing. they were take on the a nearby police station. >> we need next of kin to take care of these kids. we need to find o.j. simpson. >> as dawn broke in brentwood, they were sent to simpson's estate nearby. one was detective mark fuhrman. arriving detectives feared the worst, that simpson may have suffered the same fate as his ex-wife. >> we just lift a bloody crime scene. is simpson in there, one of the victims? what are we going to do now? car is in the driveway, lights are on, nobody is answering. >> so without a search warrant, detective fuhrman jumped the wall and let in the other cops. detectives found simpson's 25-year-old daughter, arnell. they learned their father was out of town in chicago. in the other bungalow, detectives woke up a shaggy haired young man named br

against goldman by the senate. this did a lot of reputation damage. >> it really crossed the line on the mutilation front. i wonder what the response from goldman was to that evaluation they didnd is that why not pay this man $8 million? he got notime he said pushback of that self-evaluation, except for a different line in which he compared himself to michael jordan and they asked him to be a little bit more professional. so that got the criticism. he said at that time he got no criticism of it until the senate started asking about it and then it became an issue. >> there is no question that he has a very high opinion of himself. february 25, aon transcript that you have a copy of, at that hearing he says, let's be very clear, i was one of the most sought after professionals in the mortgage industry with the opportunity throughout the course of my every month,lmost i could leave for other opportunities. he thinks that he is pretty hot. >> the casey is making is that goldman executives made verbal promises to him an

but i will say this, goldman sachs pares every year from its bottom 10% of performers. constant state of flux. the bottom 10% get weeded out. it's one of the things that people think make it a great firm. liz: they eat their weak. >> they fire their weak, but anyway, this is different. i'm going to point out this is not the bottom 10%, this is a reaction to the trading environment -- liz: sure. >> whether it's long term, this is going to be more than the 10%, and i think they're looking at making some sort of broader announcement about their intentions and what they might do going forward during second quarter earnings. that's going to be key. everybody's going to be cued into that because goldman sachs goes with trading, you can expect other firms, you know, to mimic -- liz: and if they make a formal announcement, you think it would be around july? >> from what i understand, that's the plan. now, they may not do this, they may say, you know, we don't have any problems. they may have decided that this is, you know, this is something that we can live through. but from wh

this after being added to the conviction buy list over at goldman sachs.e know it's been a tough year so far for amazon, but seeing a pop of almost 2% today. >> well, interesting to see how this plays out. we know that amazon is dominant in books. about 40% share. dvds, not quite as much, and plus, dvds are giving way to streaming here. is amazon over playing its hand? they might be. >> not to mention time warner obviously a huge company. not trying to say the battle is like a david and goliath and this is a goliath and goliath but we know the book business is declining. a lot is going online. this is a different battle altogether, a new front for amazon. goldman note didn't mention it at all. basically saying, look, buy the stock. we think it has a higher ori from a cash perspective than any other internet name and didn't touch this. >> goldman likes it because of a better return on investment than other names in the sector? >> in the internet space. >> okay. >> margins are razor thin, investing a lot in ideas, but when you look at amazon from a cash pers

no doubt that is what goldman pulled off of simpson during the fight they had. he pulled the stocking cap off. he pulled the glove off his hand. when simpson went to the final stabbing wound to ron goldman, he probably stabbed his own finger on his left hand and he just left. >> go through the evidence. what else? >> this is the left-hand glove that was left here at the scene here. there was bloody shoe prints in this area that went all the way down with blood dripping to the left of the bloody shoe prints. size 12 shoe we knew later. going back to a gate. at that gate, shoe prints continue. blood to the left continues. to the alley, where the suspect most probably got into a vehicle, the blood stopped. >> there's nothing ex-cup pa toir. everything pointed at him. his blood's ail over the crime scene. nicole's blood is in his bedroom. there's no unanswered questions here. >> unaware of the couple's rocky relationship and worried about the young children, if you rememberman, lank and other detectives heard to his nearby estate. he's not home. but his adult daught

that's the latest from goldman sachs.ther news, the spanish prime minister announced king carlos will abdicate with prince felipe taking over. he became the king in 1975. he's credited with returning the nation to democracy. he became spain's first reigning monarch to visit the united states as well. and so often attempted coup in 1981. he has suffered with health issues over the last year. he's had five operations in just 18 months. >>> still to come, from the links to possible inside trader. reports say u.s. authorities are looking into business dealings involving one of the world's most recognizable professional golfers. more details are coming up. [ female announcer ] there's a gap out there. that's keeping you from the healthcare you deserve. at humana, we believe if healthcare changes, if it becomes simpler... if frustration and paperwork decrease... if grandparents get to live at home instead of in a home... the gap begins to close. so let's simplify things. let's close the gap between people and care. ♪ let's clos

where was ron goldman? >> right where nicole's body is here, just to the north, in the bushes, was his body, laying feet to the south, head to the north, in kind of a canted position, on his back. this is where the confrontation with simpson and goldman started and ended. right in this area here, in dirt. you can see the one glove and the stocking cap. no doubt that is what goldman pulled off of simpson during the fight that they had over here in this area. he pulled the stocking cap off and pulled the glove off of his hand. and then when simpson went to the final stabbing wound to ron goldman, he probably stabbed his own finger on his left hand. and he just left. >> go through the evidence. what else? >> this is the left-hand glove that was left here at the scene here. there was bloody shoe prints in this area that went all the way down with blood dripping to the left of the bloody shoe prints, size 12 shoe, we knew, later, going back to a gate. at that gate, shoe prints continue, blood to the left continu

apple and google didn't make the goldman cut. we'll tell you why not, and the under the radar stocks that did. >>> check out the views. just the views from this incent penthouse in new york valued at $118 million. we will take you for an exclusive grand tour, next. >>>. >>> being news, hewlett-packard and its shareholders have reportedly settled a lawsuit over the autonomy software acquisition. the deal is said to drop all claims against meg whitman and board members while it consolidates efforts to hold account and they have spiked in terms of volume on that reuters report coming out, but the stock price has not move appreciably. it took a charge just last year. >>> back over to you. so what can investoring expect in the second half of the trading year? josh lipton has some predictions. >>> here's what to watch for in the tech sector in the second half. there are nearly 2 billion smartphone users in the world, you might have a few more options when deciding what your next device should be. amazon will ship its new phone on july

ron goldman's sister heard the news from her father. >> he said did you hear about o.j. simpson and nicole brown? who are these people, what is happening? and he said he was dead and i did not understand right away and he repeated again and i remember i was spiraling. i went down to the floor. >> are you there? >> the shocking case turned surreal when he went on the run. >> months later, the marathon trial of the century. >> would you please stand and face the jury? >> and the acquittal that shocked the world. >> we did jury find the defendants not guilty of the crime of murder. >> today, the victims families still struggle to cope. >> i can still feel him and see him and i want to call. i have to stop myself from grabbing the phone. >> it is as painful as it was 20 years ago. people asked me occasionally you'll get someone to say have you gotten closure, is an over, did you learn to live with it. all of which is no. you don't learn to live with it. >> at one point, kim considered getting even with the man she believed killed her brother. >> didn't you spot simpson in a

yeah. >> kim goldman was watching and worrying.we need to bring him to court. >> if he's not guilty, then what's he running for. >> all i did was love nicole. all i did was love her. >> i understand. >> i love everybody. i tried to show everybody my whole life that i love everybody. >> it was surreal, it was devastating cox this get any worse. >> well, maybe not worse, but certainly more weird with crowds cheering on simpson as if he were making a heisman like dash for the end zone. >> in front of the suspect vehicle. >> it became something of a macbre carnival. it was a very good chance this was going to turn out to be something truly ghastly. >> finally, they finally pull into rockingham. >> everyone's hearts was pounding through their chests. we don't know what's going to happen. we don't know if he's going to get out of the car and have a shootout with the police. knowing o.j.'s tendency toward the dramatic, i couldn't have written off the possibility that he was going to kill himself. >> for nearly an hour, he sat in the bronc

. >> the one is goldman, yeah.ing uniformly badly, there are different degrees of badness, but it means that combined with the fact that none until interactive brokers did this, one of these online brokage firms are sending their orders either. they're starved of activity a bit, but it's changing. i heene, the book's been out eight days. there's enormous pressure in the system for people to, if the investors ask for their orders to be directed this way, for them to be directed this way. so it's a pretty hopeful-looking situation right now. >> hi. thanks for being here. so i'd like your opinion about what i look at as the 50,000-foot view, and that is when you have guys like hank allson who used to run -- paulson who used to run goldman and then was running the treasury department and other former bank guys in government positions, it's sort of like the fox in the chickenç coop. regardless of all the things that are going on with high frequency traders, if the problems stem at the top -- and that is the guy that wi

morgan will take isis public i've said it many times like goldman if they had a chance they would have taken its public back in the thirty's and i think that goldman given the chance now would be more than happy to take ice as public they don't they don't they're the same people lloyd blankfein and whatever's running isis are separated at birth the socially they are twins their ideological twins are willing to kill for a net goal they believe they have some kind of ideological pretext for this which is the jihadi in temperament lloyd blankfein of the wall street jihadi whoever runs isis is the middle east type but they're the same for the probably other probably lloyd blankfein is probably isis well actually it started before two thousand and three before the iraq invasion over in jordan they tried to overthrow jordan that didn't work and they went to iraq after the u.s. overthrew saddam hussein so they found some remember. that was him this is his group originally then they rebranded and now they're out war over branding with al qaeda they they don't like each other because now as our

the president with goldman sachs are making a push to support small business.as dedicated half $1 billion to start a program to give entrepreneurs a chance for success. the program is called "10,000 small businesses," and goldman ceo lloyd blankfein and michael bloomberg are cochairs on the advisory board. bloomberg television's stephanie ruhle sat down in a conversation with lloyd blankfein and mike bloomberg. >> when we think about your careers, lloyd you were not born and bred a goldman sachs banker. mike, you went from salomon brothers, you left, you started a tech company, four guys, no

we'll take you to the goldman sachs energy summit to hear from goldman president, gary cohn.-pound gorilla of video streaming, everyone from nasa to lincoln turns to this company. you'll hear from the founder of ustream. donkey drugs? we'll tell you about the company that takes human pharmaceuticals and turns them into meds for pets. this is "market makers quots bloomberg television. i'm erik schatzker. stephanie is on assignment today. more now on the political story that's shaking washington and wall street to the core. the surprise defeat in a republican party primary of house majority leader, eric cantor, one of the financial industry's favorite congressmen. we're going to explore the implications right now with our own al hunt. he's been covering washington since the coolidge administration, and he's now a bloomberg view columnist and host of "political capital." plus we have g.o.p. strategist tir holt, a former aide to john boehner, who also worked on the bush-cheney campaigns. al remembers this well. we haven't seen anything like the cantor defeat in about 20 years. re

melissa: charlie has breaking news, goldman sachs staffing cuts at goldman sachs. >> particularly in trading, what sources tell fox business is goldman is weighing some formal announcement on how much weather, what they are going to do in terms of their trading staff and in terms of cuts and they are making that announcement during third quarter earnings. we were the first report that there's a debate inside goldman, large cuts, larger than usual, goldman slices 10% of its, quote, weakest performers, this goes beyond that, buying larger cuts in trading range particularly fixed income. we should point out lloyd blankfein, the ceo is hesitant to make the cuts, he does not know whether it is a cyclical downturn or coming back. melissa: one of the sentences he wrote that caught my attention is sharp reduction and panic inside goldman sachs. >> talked to the typical goldman sachs trader they are freaked out, they are sitting on their rear end, there's not a lot of volume and it is unclear whether this is cyclical for a permanent change because of dodd-frank. they are planning, they are re

and goldman sachs chairman lloyd blankfein coaches small-business entrepreneurs.nd to our viewers here in the u.s. and those joining us around the world, welcome. megan hughes report, keep plan to build a radar system to track space travel. overe begin with in dear a president obama's trip to europe. what is his main agenda during this trip? >> the president is in three different countries over four days. objective is to show solidarity with our allies, and also to show a warning to vladimir putin that if he goes further with more provocations in europe that there will be more pain to come on the other end. and don't forget, they are delivering the end of communism in warsaw. and it is the sovereignty of the nations in europe that have led to this time of peace. he is trying to underscore that message very strongly and will be meeting with ukrainian newly elected president tomorrow as well. >> and the next up is brussels for the g7 meeting. what is on the agenda and where do things stand with collective action over russia's annexation of crimea? thet is a key ques

goldman sachs, u.b.s. have released these fascinating reports which predict who is is going to be the winner and whether or not it impacts the country's stock market if they do win or host country. do you spend much time thinking about that kind of stuff? >> we have done some leg work as construction gets underway. who benefits from it. some of the sponsors will benefit for sure. in brazil, they have been a strong -- already. >> since march. it is in a bull market. >> it is guaranteed a bull market. we'll see if it continues. >> who is going to win, by the way? >> you won't get that out of me. >> england. england . england won't win. what are the risks, this lack of volatility when volatility starts to pick up. what are the risks out there? >> earnings i think are the one thing we do need. if you look at equities as an asset class, we were historical trends. we were at the loped of ranges. now very normalized. we're not cheap anymore. we're not expensive but we're kind of in between. for us to continue to

the goldman sachs harvard university global education conference is underway.t brings together 600 leaders in education from the public and private sectors. with companies like poor sarah, daphne, and annex already disrupting traditional education models, what will we -- what will be the next big thing in education? i spoke with george from the telecom unit at harvard and asked him about what he is most excited about in education today. >> we are excited to be cohosting this with harvard. we have an extraordinary group of people. it is a unique conference as goldman sachs conferences go, in that it brings together companies, investors, academics, administrators, policymakers, government people. it is a unique group of folks. the recurrent theme from the discussions this morning is the possibility for technology disruption in this space, to increase the access, quality, and outcome of education throughout the world. it is a very exciting time in this market. >> historically education, and education technology companies have not become huge companies, especially

that's not citi and b of a and goldman sachs. the capital markets related banks, the private equity firms, they lag very conspig with cuou i wonder if the market thinks this is as good as it gets in terms of returns. if the real world banks continue to do well, that's an opportunity and confirmation that things look okay out there. >> pete, you've been talking about this. >> the one pushback i have, they have lagged. if you look over the last week and a half two week, as we accelerated this move to the upside, look at the accelerated you're move you're getting out of goldman sachs and names like citi. i think the lagers need to catch up. they are going to catch up. they will catch up. that's why i'm so impressed with the potential upside that lies in front of us. >> in an environment, mike, before you answer, where you already had some very high level folks within those firms come out and say, the trading environment stinks, i don't know what the expectations are going to be for earnings coming up, but they're probably not going

capitalism has become terrorism and the so called terrorists don't see themselves as any different than goldman sachs or j.p. morgan or a month or exxon they issue their annual reports a complete with info graphics they talk about various metrics and big data and they're in the same business as halliburton or chevron and they're competing with each other in this region of iraq that they they are become the equivalent of goldman sachs in the area and we were saying this for quite some time that there really is the difference or come from the same cloth the terrorists and the bankers there they have the same mindset they're both the jihadi s. one follows out of smith one follows the qur'an they're both ideologically willing to kill themselves and others for their belief. using financial weapons of mass destruction or roadside bombs and makes no difference well that's kind of the foundation of all of our global trade and financial system is you know markets started back in the sixteen hundreds in the netherlands announcer down and why they were seeking funds to go off on their ships across the wor