eventually, as a result, i was integrated into the goldman sachs firm. d: did you ever meet a person who turned you down at goldman? lloyd: i knew who it was. david: are they still here? lloyd: no, this is 36 years ago. for many years after i got there there would be no one threatened by being at odds with me. it took me a while to work my way up the letterhead. david: did you feel like you are ready to be the ceo of goldman sachs? lloyd: i never felt like i was ready to be the ceo. i've been the ceo for 10 years and i still don't feel like i'm ready to be the ceo of goldman sachs. ♪ ♪ david: you wound up as the vice chairman of goldman sachs? lloyd: well, you know, it took a couple of years. when i was living through it, it wasn't so quick. i got involved in sales and trading and over time, i became a vice-chairman of the firm. one of several. but my particular coverage was over all the sales and trading businesses at that time. david: the trading businesses were the ones when you could lose a lot of money so quickly? so you are worried about people unde

athie parnell was literally goldman sachs, a veteran of goldman sachs.ere this january and february, but he left to run for office for the first time in south carolina. i spent time with him and with film her feet, the front runner for the new jersey governor doyle race. is this because of steve cohen? or is a correlation becoming stronger? max: listen, i think the steve mnuchin is not the fit, but very importa steer -- stevens. i think that you can go back to the middle of the 20th century and find connections between goldman sachs executives and politics. if you want to be generous about it, you consent save there are people at goldman sachs who care about public policy and want to give back by running for office or being appointed to positions like eric cohen. but it's realistic to point out that connections to government are an important part of what makes goldman sachs successful. you cannot find people from morgan stanley, bank of america, or citigroup in the same numbers that you find goldman sachs people in office and running for physicians. what

in a financial crisis, nobody knew anything about what goldman sachs did.hat we do in the communities also what we do raising capital for people who need capital, creating business, hiring people you know, if this ever happens again, i'm not going to allow it to be a vacuum about what we're like i'm going to communicate to the world more of what we do which we've done institutionally, but also there's a personal element to it, too. >> i would say antagonistic -- >> i've always commented on certain issues this is how i think of it. i don't use that platform for lloyd blankfein's personal point of view, i'm interesting to people because of my role at goldman. i've communicated before by press release. i commented on immigration, on lbgt issues, i commented obviously on the environment, and the reason why i do it, it's something that is in our wheel house of expertise, so i commented. before twitter, i did those things by press release. the other thing i'll comment on is when things affect the ability of our people to be who they are and to do their job and to

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system. jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. >> good afternoon it is sunday, june 4 i'm nydia han along with gray hall. >> here's a look at the stories we're following on "action news." >>> police make multiple arrests in connection with the deadly terror attack in london. >> 24 hours after the attack what it means for the benefit concert in manchester. >>> a two-year-old boy is dead

people took their money out of bank of america and moved it to goldman sachs, they would make billions into their pockets. people don't do that. vonnie: $125 billion for goldman. >> talking about a pipsqueak. vonnie: but lloyd invested and has been in it very many times. they have a mission statement they are sticking to. this is what goldman is, it strength. -- its strength. >> goldman has prided itself on being the rest -- the best risk manager, and it still is. it is the leading m&a advisor, one of the premier, still the premier investment banks on the street. ,t is ticking to its knitting whereas morgan stanley want to get more into brokerage and wealth management by buying smith barney. fargo,rgan chase, wells bank of america are starting global universal depository banks. i am not sure the fed would allow goldman sachs to do that kind of a deal to buy was -- depository bank, but maybe he should, maybe he shouldn't. the fact of the matter is he is whatldman's strength it has always been. he will stick to that and is hoping the cyclical currents that have been undermining the stren

goldman sachs as a broker will be in the middle of every deal and will get a commission. now we have gary kohn at the white house, former head of goldman sachs, it was reported was supporter in the middle of us staying in the paris climate treaty. it seems i'm accused of representing economic interest, when i think i'm representing consumer's interest. there is an obvious conflict of interest for people who come out of organizations like goldman sachs. as for the satellite measurements, i defer on that. host: this is john from new mexico. republican line. caller: hello, thank you for taking my call. it's great to talk to you. i would just like to mention that the iscc report was wrong. they had a report to university some ten years ago. i'm telling you that the 777 climate change concert saying that al gore did the whole documentary that al gore did, it was wrong. none of that has come to past. many scientists have jumped back from climate change. said, maybe it's over time in climate. what we have done here is we have elected a president as part of his platform was not t

adviser and director of the national economic council, spearheading energy week, former head of goldman sachs, gary cohn. we covered a lot of ground and dug into -- you'll see. >> has people so energized obviously health care. the senate bill as it stands according to the cbo report, 22 million people will end up uninsured, this is polling in the teens and there's campaign promises that aren't met. if it goes through, will the white house sign it? >> first of all, thanks very much for having me today. when you say if it goes through will the white house sign it, as you know the white house has been working nonsp with the senate to come up with a health care bill that the senate can pass and we can sign. we are very actively involved. we think we're going to get to a place where we and the senate can agree on a health care bill. >> can you sign something that cuts medicaid. you yourself have said if you're on medicaid you're not going to lose it. there's people who are going to lose it. >> we'll have to see what the final piece of legislation that comes out to the senate looks like. we really

it was heavily promoted by goldman sachs.ed to get my father to buy stock, but he would hear nothing of it. i asked him why. he said because no one goes there. i told him that was impossible it was way too highly rated by goldman. my father said all right let's take a trip to franklin mills, a giant outlet mall outside of philadelphia. my father used to go there to see if merchants needed misboxes and bags there was a gantos he said we're going to camp out in front of the store there and make a judgment ourselves whether anybody goes in and out. we sat there for hours and hours talking and watching only about a dozen people entered the darn store and i couldn't recall if person coming out with a bag i shorted the company that monday wall street research can be very wrong. gantos made me skeptical i am offering a way that this show can bolster the process i try to imagine my mother being a caller i try to keep the skepticism of the gantos lesson my father taught me. so you can understand the process of good investing. most of

are goldman sachs and the trump administration closer now?k before the election that goldman didn't do very much business with trump. bill: did any business with trump was the majority investor in a real estate up -- enterprise. look at lloyd blankfein, who just started tweeting as a result of trump getting out of the paris climate accord, those have been very negative tweet. leaderlankfein, as the and embodiment of the firm, is clearly against the trump administration. anna: but he's happy he's got his people there. bill: we talked about that. i'd say it was a blessing and a curse for him. on the one hand, he knows gary, he can call him up. on the other hand ever since the financial crisis, goldman has been enduring a lot of the ire of the nation as a sort a sort of symbol of all that wall street did wrong supposedly during the financial lead up, it's not like the old days when he could call of hank paulson as the crisis was unfolding. scrutinizing things so closely, calling up gary or dena is not something he wants to be seen doing. david:

. >>> and we're pleased to welcome goldman sachs new president and chief executive officer harvey schwartz who is with us here at the new york stock exchange. we'll talk with him exclusively about financial reform, the latest round of the stress tests which, by the way, are coming out a little more than an hour from now a lot to talk with harvey coming up in a little bit here. >>> let's begin though with the health care stocks rising after senate republicans released their discussion draft of the bill kayla tausche joins us from washington with some key takeaways. kayla. >> the discussion draft is seen as an opening volley for the senate side piggybacking off the house plan using tax credits to replace the affordable care act mandates and reoperation virtually all of its taxes, but some key differences are there credits on the tax side are based on income, not on age. the plan elongates medicate expansion with bigger cuts overall when it eventually phases it out and upholds payments to insurers to offset plan costs for those low-income enrollees. the u.s. chamber of commerce says, quote, w

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system. the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. >>> more breaking news more reports of gun violence at this hour. we are told that shots fired at police possibly happening in the area of 9th and pinelstreets that a suspect opened fire on police in the area. we are not sure if the shots were aimed at police no injuries to officers but so far the shooting victim is not located and it's a violent morning in the city of chester as we reported at the top of the hour, a 16-year-old student shot and killed on his way to school and other reports of gun violence and the investigation continuing to an explosion of violence in chester. we'll have the latest on "action news" beginning at 4:00. that does it for "action n

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system. now the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's over 6 times faster than slow internet from the phone company. say hello to internet speeds up to 250 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. >>> returning to one of our top stories tonight, the london terror attack. amid the horrific brutality, we saw the worst of humanity, but also the best as many people came together just to help. we get that part of the story from abc's eva pilgrim. >> reporter: t

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system. lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. the warriors against the cavaliers. warriors came up short last time. they are using the disappointment as fuel. >> i don't want to feel what i felt last year. i'm going to do everything in my power to attack every game with that kind of perspective. we have been through a championship, you know, success story where we know what it takes to win. you have to feel the experiences as best we can. >> you can catch every game here on "6abc." game one tomorrow night, coverage begins at 8:30. >> carson wentz popularity is growing. a student at westchester high school tweeted out this picture. a few hours later, wentz posted this. will this do the trick? >> kids can party for the summer. >>

i'm talking goldman sachs. for more, i bring in max.atural route for republicans, less so for democrats. talk about archie parnell. max: the big thing going on in the united states tomorrow is a hugelyd -- ossof, popular race in georgia. not too far away in south carolina, archie parnell is up in a different congressional race. there aren't that many special elections this year, only, like, half a dozen big elections left. if archie parnell can pull it off, it will be huge. it's the seat that belonged to mick mulvaney. it's the seat that belong to frank underwood on "house of cards." julia: how well are these guys going to do? what is it about goldman sachs means there is a natural path to washington for them? max: i'm not sure archie parnell's biggest problem is golden snacks -- goldman sachs. north carolina voted for democrats for a full century until mick mulvaney come -- came along. they redrew it, some people call it gerrymandering, so it's harder to win now. go to as why goldmanites washington, not only do have gary cohn, steven m

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system.now the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. >>> you do this, all the time, tuesday is best day to book airline tickets. >> but now there are specific dates, on the calendar when you should book the flight. >> i bet lauren cimanetti knows the dates. >> specific to tuesday. one is today, today is cheapest day of the month to fly, sorry. >> but wait, next month, next month is the most, and cheapest day is july 4th the holiday itself. >> and cheapest day and time to bucket flight. >> tuesday is better day to fly. >> look now for a flight that leaves july 4th. >> yes. >> so tuesday's are the days. >> yes, just remember tuesday. >> july 4th is a pretty good day to fly, i have done that. >> it is day after h

goldman sachs down 3.3%. some others down 1%. ldmans was the laggard and did weigh on the dow yesterday. this came after commentary to suggest that trading performance will be down year on year in the second quarter. it slipped in the month of april and did not pick up in may. talked lots about how low volatility was. that weighed on the banks yesterday. i bring it up because i want to yuf set a c offset a couple points, it's more a cyclical factor, not a structural post election evaporation of gains. people have been pointing that we're nearing bear market territory on the banks. goldman sachs is down 16% from the peak. >> ten-year yield at 2.20 doesn't help. >> yesterday it declined, more than a one-off trading update than that more structural end of the reflation trade that the yield curve points to. >> i think it's why the month of may, you know, is being celebrated as a month where the nasdaq rose for a seventh month in a row. the dow and the s&p rose for six, seven months. if you look at the gains, it was a few big cap tech

we have gary cohn, president of goldman sachs.nd wilbur is very rich person in charge of commerce. this is the kind of person we want. the president of goldman sachs, smart, having him represent us. ( applause ) and i love all people, rich or poor, but, in those particular positions, i just don't want a poor person. does that make sense? does that make sense? ( applause ) ( audience reacts ) yeah, the federal department of (bleep), i'll have one of you guys! yay! trump, yay! ( laughter ) who is this guy? donald trump just said we need bankers to run this country and everyone applauded. right now i'm just thinking poor hillary clinton. bankers, goldman sachs bankers? that's what everyone went after her for. now trump went, yay! i imagine everything in hillary's house is bent in rage -- the spoons, the forks, bill, everyone, just bent over, like, ahhh! ( laughter ) you know, at first, i didn't get why the republicans were so ballsy with gutting america's healthcare. but after watching this rally, i finally understood their confidenc

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system. the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. pro-tip for making ribs: don't go it alone. get these great smoked ribs. thanks. sure. twenty minutes on the grill. and they're done. you think he cares if i smoke ribs for six hours? what? what? summer made easy at amazing prices. only at giant. donald tmeet phil murphy,by former goldman sachs bankers. another wall street banker running for governor, whose firm helped trigger the financial meltdown that put millions out of work and out of their homes. murphy's trying to buy the election, paying off new jersey bosses. my name's john wisniewski, and i'm running for governor of new jersey. john wisniewski, the son of a millwright, who uncovered the bridgegate sca

donald tmeet phil murphy,by former goldman sachs bankers. another wall street banker running for governorwhose firm helped trigger the financial meltdown that put millions out of work and out of their homes. murphy's trying to buy the election, paying off new jersey bosses. my name's john wisniewski, and i'm running for governor of new jersey. john wisniewski, the son of a millwright, who uncovered the bridgegate scandal and exposed chris christie's corruption. the choice -- insider wall street politics or main street, new jersey, values. where are mom and dad? 'saved money on motorcycle insurance with geico! goin' up the country. love mom and dad' i'm takin' a nap. dude, you just woke up! ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ geico motorcycle, great rates for great rides.

goldman sachs rising after we saw analysts at j.p. morgan say that they like goldman sachs, morgan stanley, and socgen. united three held visa rounding out the best performers in the dow. vonnie: julie hyman, thank you for the breakdown. we are getting to the federal reserve's talents she breakdown. has prepared investors for a small increase in interest rates to get monetary policy back to whatever normal is. what does the fed intend to do with its balance sheet. the senior director at macroeconomics. thank you for joining us. everyone is that curious about, will there be any telegraphing at the conference about when and how the fed is going to continue making its balance sheet? let's return to the rate hike. the fed has been looking for opportunities to raise the federal funds rate. inflation has been a bit soft. fedink that will allow the to raise rates tomorrow as priced in. more interesting will b communications about gradually phasing down the fed's balance sheet. what will the process be? what will the pace be? vonnie: is there

stockton was the most recent last night but also city and goldman sachs remain very bullish. has been a change in recent weeks. more banks are cutting the forecast rather than talk up the creed by the end of the year. nejra: what are they basing this on? that could be an interesting reading about the frack log. that is one of the big problems at the moment. >> we have seen the decline and when you see the oil prices, you think this is hitting opec because the whole reason they can't and they want to boost prices is because of the run revenue. but now we are seeing this frack log as the biggest in a long time. that comes as the same time as a record amount of increasing. u.s. production did increase today. but you have seen a market downturn in u.s. producers as well which is a sign that the u.s. supply maybe going down. nejra: thank you to bloomberg's abigail doolittle and bloomberg's oil trading european reporter alex longley. great to have you both and fantastic to see your charts. vonnie: time now to check in on the first word news with courtney donohoe. courtney: in flint

colin coleman joining us from goldman sachs. that is up next.come back. we continue with the head of the south african office of goldman sachs. markets globally are fairly tolerant and are actively positive in emerging markets right now. benefiting from that in the totality? in thepolitical risk emerging markets, pretty much everywhere at the moment. is africa on the up or is it catching up? >> coming up from the bottom. we are not benefiting as much as we should from the global fair wind. there is significant, ongoing interest from multinational companies. we see a lot of the ceos coming and payingica attention to how they can take advantage of the long-term opportunity. people see past the short-term and that is positive. the chinese are an ongoing factor. the local countries, particularly the larger ones like nigeria are doing better at taking advantage of these very favorable conditions. matt: was losing jacob zuma as president help or hurt the case for south africa? >> i think -- he has been president now for 10 years of the agency. -- that

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system. now the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. >> all new at 6:00. check out this surveillance video of a determined burglar who broke into a dunkin' donuts restaurant. he kicked a hole and got away with a stash of cash. so far he has not been caught. >>> so this is likely the last thing any one expected to see during yesterday's last car race at dover international speedway. a man climbing this huge fence that hovers right over the track. >> tim furlong spoke with some race fans that had a front row view of that daredevil climb. >> jimmy johnson burns down the house. he won on the track in dover sunday, this guy here lost up above it. police say 43-year-old john enphon tai made a very dangerous decisio

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system.ersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. introducing fios gigabit connection. superfast internet at an incredible price. with speeds up to 940 megs. that's 20x faster than most people have. and, it's just $79.99 a month online for 1 year. and only $5 more per month for the second year. get fios gigabit connection for $79.99 with tv, hbo for 1 year and multi-room dvr service for 2 years. all with a 2-year agreement. switch now at fiosgigabit.com. >> all right, weekend accuweather forecast. >> yes, and the weekend is looking pretty nice. certainly starting out that way. storm tracker6 live double scan showing we are dry out there. we did have a few isolated showers earlier this evening. they have moved out. s

>> i own goldman sachs sack.not my favorite name. they asked for our favorite name i went with my best pick, with city >> i still think when you look at the trades versus tang bable book, that had the most upside of the napes we're looking at, but i'm in the xlf, bank of america. bank of america stock and calls. city, goldman sachs. >> come out of c car, probably the best of all the big banks. they should are b really strong in terms of their results. i think the banks go higher. after the fed, the market is telling you for whatever reason the financials it is the pause that refreshes bank of america >> give you to talk about the possibilities of regulatory relief in there. the idea that c car can go every two years or at least parts of it some relaxation of dividends there is upside for the banks. >> dow is up 88 points as we speak. it is a new all time high for the dow jones industrial average. thank you. >> all right up next, the blitz the trades on eli lily, foot locker, babah, western dig excuse me, are you

i heard the concept when i was in training at goldman sachs i have been buying individual stocks for self and others for half a decade before i got to goldman in '83 as a summer intern at the time i was walking financial news network between classes at harvard law school. that was the predecessor to cnbc when i could, i would run over to the library where they would have reports about stocks totally on a cash basis. it's so nostalgic to look back to what i would do next after i found a stock i liked. i would ask for a microfiche of the firm's fcc filing. everything i did back then is now online and instant and updated. the imperfections in the market right there were legion. now everyone can know everything but more on that later in the show i would speak all week trying to find one stock that i thought would work one stock that would be good for one week, where anyone who wanted to invest could take the idea and run with it then i would take my answering machine and give you a 20 second wrap on that stock.ingi machine imagine? with all those jobs wiped out by your cell phones, answer

goldman sachs goes away now with the announcements that they are going to be taken off.hat thel see>> but one ofions last the concerns is that it is very easy for the drivers to switch to another service. this is like the nasdaq. it is like ebay. if more sellers show up, more buyers show up, that will build a marketplace that is ironclad. the risk is one big group will go somewhere else and all overrs like lyft the world realize the fundamental architecture of the business is not as difficult -- is difficult to build but we are drawing in the drivers or riders en masse could shift market dynamics. concerns about the physical risks of passengers have come up a lot with uber and also concerns about drivers getting paid on the other side. it is going to pay them more money or allow them so on. the business goes away. vonnie: who might some of these other people on the board -- there are plenty of new ones, not just the new ceo -- -- charles sandberg also has it. >> look at>> all of the open jobs they have been unable to fill. you can add ceo to the list. like generals couns

it could be goldman sachs putting out cautious comments .os what it has produced, a sector rotation. really interesting if we take a hop in the terminal. it is out of the election. in yellow, we have the financial. in white, we have the technology. while the s&p 500 has been about even, up 13% for a while, tech had overtaken financials as the top sector, but now we have the financials overtaking tech. financials now at 21%. 18%.ology around joe: thanks. "what did you miss?" the june fomc meeting text top billing in the week ahead. the latest economic data on retail sales and consumer inflation will also be carefully participants.ket on was the morning, we get in sales, which will give us a gate on consumer spending and more clarity on where gdp growth is headed. for more on the economy, i want to bring in andrew, founder of sÃo tomÉ research, for his take. research, for his take. when you look at how the economy is doing, what do you see going on? >> we have seen a lot of peak of everything. peak autos, payrolls. now we will have peace consu

corporations like goldman sachs, gary cohn has top economic advisor came out tweeting for the first time about this, because it's such a bad deal. when you have exxon, doesn't even want it. eric: that's not what i'm saying. let's bring it-- wall street says new record highs, putting in money for the future of the economic growth, not what president obama did eight years ago. it's for the future and if jessica's studies were right and there's going to be $8 trillion of lost gdp, there's no one in their right mind on wall street that would put money into that. >> it's fascinating. the piece on the startups they were going to struggle because of paris climate agreement and then you have this individual come out and basically say he's running one of the companies, oh, no, our investments are going to be fine. yes, it's disheartening that we're not part of the paris climate agreement, but clean energy, those investments are going to continue because the united states is a leader in terms of innovation, of clean energy, as well as oil and energy production. so, i think that even say that that'

you know why >> thank you, sir. >> because lloyd blankfein, the ceo of goldman sachs, pete, will be on with jim cramer tonight. >> my favorite new account on twitter, by the way. >> he's a heavy tweeter. >> he's so good. >> a heavy tweeter >> so you've got to watch lloyd. if you're interested in investing anywhere in the banks, you've got to watch lloyd. >> he's awesome. >> speaking of ceos and speaking of microsoft, sachi nadella, one of those ceos, part of president trump's american technology council. it's a meeting at the white house today along with briothers eamon javers is live at the white house. this will happen late this afternoon? >> we're waiting for some of the ceos to arrive right now you were just talking about jeff bezos and showed that graphic of all the ceos that will be here jeff bezos, here in his capacity as the ceo of amazon and they've been making some big moves lately, but he also owns "the washington post" which has been report ving very aggressively on president trump and the trump administration so there's some subtext there. also some of the biggest names in

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system.he jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. yoit's shocking actually.ey put in tyson fun nuggets. they're made with real 100% all-natural ingredients. like white meat chicken... and that's it. keep it real. keep it tyson. how do you please the world's toughest food critics? with elegant decor and ambiance? nah. just serve up tyson crispy chicken strips. made with real 100% all-natural ingredients. looks like the critics approve. keep it real. keep it tyson. ...where each drop was formulated to be smarter.... ...even smarter than that... ...so if a color didn't go on evenly, it would balance itself out to reveal its truest, richest state. if a paint could realize the fullest potential of any color... ...you

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system.ow the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. 9:42 a.m., there were clouds this morning, chris, make something happen, move them away. >> reporter: they are moving along pretty good, actually. let's go live on sky6 live hd, that's looks good, william penn standing tall. that's from our center city camera. you see the clouds upstairs, but not seeing the rain falling. that's good news there. let's goat over to storm tracker 6 live make a couple of zooms there. most of the rain is east of the delaware river. it's very, very light. a lot of is not in the form of rain. just a couple of showers or spritz or sprinkle. down the jersey shore, most of it is north of ocean city. if you're traveling along route 9 or

companies to find new ways to invest in renewable fuel and when you see people in charge of tesla, ge, goldman sachs saying by removing ourselves from the climate accord we are going to be ceding those jobs and technology in renewable energy to other countries overseas that is not going to help us as a superpower. that will allow china to say we are leading the charge and that is the last thing we want. dagen: we can lead it without being in the pact, apple as an example, apple and facebook increasing their use of renewable energy, apple's new campus 100% renewable energy without being in a global climate agreement. >> apple's new building doesn't make any economic sense. they have cash to burn and it is a multi-billion-dollar company headquarters and it is cool but it is -- as most environmental things are, not economically feasible. getting out of it won't hurt us because it was such a toothless agreement. this many countries involved in something and they're all in agreement it probably won't do anything. if this doesn't cause a recession the united states and china it is not strong enough to hea

vo: as a goldman sachs president,

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system. now the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. >> woman kick out comedy club for her behavior but then things get worse outside. that's where she turns her aggressive behavior on a cop. >> and bad luck for that woman. the ugliness well it was all captured on video leading to some very serious consequences for her. our chris o'connell is live outside the helium comedy club in center city where it was all caught on camera. chris? >> reporter: well, dawn, the show wasn't just at the helium comedy club on sunday night. it was out here on the streets on sansom street. when a local tv personality goes on a tyrant on a local philadelphia police officer it is caught on video. tonight she's facing criminal charg

you're not going to be allowed to do that consulting work for goldman sachs. >> because goldman sachs -- trish: -- a different kind of standard. >> the other thing is i think you don't see these intelligence analysts occupant there necessarily -- analysts out there necessarily tweeting on political issues. in fact, many of them just stay clear of it because it becomes controversial for them. i mean, i've spoken to intelligence agents, analysts who you will ask them a question about a particular case, they will not comment on it. i mean, i think that they take their job very seriously in terms of insuring that, again, that their loyalty is to that organization and to the highest standards of that organization. so i think with winner it was very clear that her loyalty was to an outside cause, it was to the resistance, it was to something elsewhere she felt that she could break the law and release this classified information. >> and look at the damage she did. she horribly damaged u.s. intelligence gathering and national security because now the russians know how we went about detecting

as a matter of principle and first ever tweet goldman sachs ceo lloyd expressed discontent saying the decision by president trump is setback by the u.s. leadership position in the world and his speech announcing that the u.s. would be withdrawing the president trump expressed action with solidarity. cheryl: the mayor tweeted out. lauren: thank you very much. cheryl: former presidential nominee hillary clinton lashing out at president trump during her appearance at a book industry conference in new york city last night. >> i am really worried and i worry not just because there are partisan differences but we are -- we are living in such an abnormal time when we look at the way that this white house is behaving about some of the biggest challenges we face, dishonesty and fabrication and whether you call it fake news or lies, pick your choice, it is deeply troubling. cheryl: well, she also said that the president has unlearned a level of hate and vitriol that's incredibly teenagers. president trump encouraged supporters to encourage verbally and physically. not going quietly. lauren: tha

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system.now the jersey machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. w...that not only made a a big first impression... ...but was designed to withstand sunlight this bright... ...this bright... ...or even this bright. if a paint could protect your door's color against the strongest uv rays... ...it makes you wonder... is it still paint? aura grand entrance from benjamin moore®. only available at independently owned paint and hardware stores. >>> you could call this a miracle get together. hundreds of former patients and their families from around the country return to Ñichildren's hospital in philadelphia today to celebrate the lifesaving treatment they've received. the hospital hosted its 21st annual fetal surgery reunion c

pro, theyt bass bought cabelas with the help of goldman sachs.vate equity say we are going to invest in the private market. >> what areas are totally closed, what is not available? >> the honest answer is almost nothing. there is generally a buyer. is there a buyer and a seller. there a buyer and the price they are willing to take? the place where you are seeing that is some industrial sectors because of how long the recovery is going to last. you're seeing a lot of private equity deals there. there certainly places and retail where buyers and sellers meet. >> great perspective. stephanie, i appreciate it. global head of financing and strategic mn day -- strategic mn day -- strategic m&a. i can't picture that. julia: think big alex. let's get a check on the headlines. mark. mitch mcconnell said today he expects to provide a draft of the senate republicans health bill this week, speaking to reporters at the capitol mcconnell laid out the timeline. >> i expect to have a discussion draft on thursday, and we will go to the bill obviously once we get

vo: as a goldman sachs president, phil murphy made his fortune in a rigged system.y machine has lined up with murphy and his millions. leaders should stand for the people, not the political machine. as a prosecutor, at treasury, and as head of the brennan center, i've taken on the powerful - from the mafia, to the nra, to the dark money that poisons our politics. i'll be nobody's governor but yours. >>> tonight, breaking news. the deadly terror attack in london. people running for their lives. a van plowing into pedestrians on london bridge. then the stabbing spree at a crowded outdoor market. how some took on the terrorists. >>> inside the plot. the urgent investigation tonight. more on those decoy suicide vests, and why the terrorists may have chosen to strike now. brian ross with breaking news on their identities. >>> plus, president trump slamming the mayor of london over his response. taking to twitter, and claiming the attacks are more evidence america needs his travel ban. >>> on edge. the stampede sparked by a loud bang. the crush for the exits. more than 1,

they're creating a market they can say if the modura regime continues in the socialist direction, goldman sachs stay away. and if it succeeds, maybe a sign they're going in the right direction. david: full disclosure, you used to work for goldman? >> yes, i did. david: bill. >> i think that goldman could get a comeuppance. and may decide 50 cents on the dollar, or it would be 50 cents on what you paid, and that could be terrible. david: could this turn out to be bad for the socialist government? >> i'm always an optimist and i think that goldman is not stupid and i think they see light beyond the maduro regime and that's what they're betting on. david: capitalism is at work. thank you, gang. coming up, a new study showing out half of millennials are stressing out over finances while at work. don't fret, our informers with the picks to help fix your money worries, no matter how old you are. >> and we'll see you there every monday morning and every day next week. we are back with the stocks to take away your financial worries even if you're a millennial. mike, under amour. >> under amour is a spo

commodities, i love what goldman sachs wrote this morning, how did we get it so wrong?modities, the bonds market, the equities market, moving forward the next six months, i they don't inthat terms of moving markets. yogi: of course they matter in terms of interest rate sentiment, which impacts the bond in currency markets, which are packing capital flows. we are investors over the long-term, and the fundamental picture has not changed. the market has expected rate hikes in the u.s. for the last two or three years, and they have not delivered, which is why the bond work its have done what they have done. you have a little bit of volatility based on hawkish comments. commentsen carney's change from one week to another. one week he is hawkish, the next week he is dovish, the next week he is hawkish again. manus: is he trading his credibility chips? yogi: i think he is. i thought, are we talking to the same person? what has changed in the markets for him to change his view? inflation has flipped 2.9%, that has not changed. is stillrtainty there. -- brexit uncertainty is sti

we'll tell you why the goldman sachs ceo has substituted some press releases for tweets.story next. stay tedun you're watching "squawk box" on cnbc >>> lloyd blankfein spoke to jim cramer on "mad money" last night. here's what he said about the trump agenda >> i can't say i'm on all fours in line with the administration across the board as far as the economy is going, as far as markets are going, they represent stimulus in a form of lower taxes, spending on infrastructure taking away maybe some of the layers, and layers and redundant regulations, and that's basically good, certainly good for the market but generally i think good for the economy. >> he also explained why he's taken to a certain social media network to sound off >> lloyd, you're tweeting. what is that all about >> you know, i agree, for an institutional kind of firm like us it's not that usual but you asked me about the financial crisis before. in the financial crisis, there was -- nobody knew anything about what goldman sachs did >> no. >> the value we create what we do in communities. also, the importance

we have gary cohn, the president of goldman sachs. in fact, somebody -- he's the president of goldman sachs. he had to pay over $200 million in taxes to take the job, right? so somebody said, why did you appoint a rich person? to be in charge of the economy. i said -- no, it's true. and wilbur's a very rich person in charge of commerce. i love all people, rich or poor. but in those particular positions, i just don't want a poor person. >> reporter: so the president there, talking about his economic advisers and, you know, it's something that i'm not sure, john, any other president or politician would be able to get away with saying, that he does not want a poor person advising him. but that is one of the things that donald trump supporters liked about him. the fact that he was going to appoint successful people all around him. but the whole goldman sachs idea and the investment banker idea is certainly so much different than his message during the campaign, when he railed against wall street. now he, obviously, joined by wall street.

in the xl, goldman sachs, citigroup, also been bank of america.eavy, heavy paper so it's telling us that people are expects sort of a break to the upside ever since the xlm broke out of the financial etf from 23 to 24, when we broke above 24, it's been off to the races since. moving up toward the high. in my mind, i'm looking at a bunch of banks that have done extremely well regardless of where we're looking at rates in this point in time if rates ever work in favor of the banks, only imagine that's a feather if their cap they're doing well without that now. >> i was just going to ask, yield curve is flat. we saw some hike in the ten-year yield. not appreciable. still, these stocks are managing to move even without supposedly the most important thing. >> not really move they moved off of the low. goldman sachs is still 11% from its 52-week high i mean, obviously, it could break out. you have citibank breaking out i know bank of america is pretty well i think in general i don't think the banks act particularly well. i think when you think about som

even his former employee, go goldman sachs does not share the optimism getting to 3% economic growth is easy. your point is important, if it's true that this administration in its work can get us to 3% economic growth, you and i and a lot of americans would wholeheartedly support that but -- >> without a doubt. it's kind of like my weight loss goals. i really plan to be 15 plans heavier but had it for decades and it's not working. >> you have to build your models based on a baseline -- >> and reality. >> it's a really risky proposition that they are getting into here. again, to his point where he said yes, since the crisis we have the strongest balance sheets ever, that's what you get for hoarding cash, hoarding cash also known as saving money. if you have money saved, you don't need to be bailed out. the bailout of banks is what made the banking industry the least trusted industry in the world. >> good interview, i think we got into real issues which is something you and i both prefer to get down to on a dly basis. credit to garycohn to getting to those topics with you. >> without a