that havethe ones been heavily sold into asia. that is a different set of circumstances.ld like to think they would then trigger through the coupon and you would see it coming as the capital ratios fell. convenient one to get sorted out quickly. old theo eof the sorting it out under the carpet. jonathan: where else do you go if you look at single b's and compared to where cocos are, you are almost pushed up there or down the capital structure. isn't that the real take away here? in europe, there aren't many places to go. ,> negative yields in germany like you said, for mom and dad investors to get any income, they have to take more risk, and the question is how much risk are they taking to get that additional income. what investors have to remember is that these are want like instruments that trade more like equity, and equity markets can be more volatile, so you are almost doubling up your investments if you own equities ad cocos, and when there is run on the bank, the only concern is think careful and understand what you are investing in before you go in for that coupon

they could potentially havethe d twond but it is now back-to-back launches from either coast.e significance of these launches? dan two back-to-back launches from either coast. emily: what is the significance of these launches? dana: what you are really seeing is spacex has come back from the mishap of last september and they are launching rockets on a regular basis. they want to launch 24 rockets this year. if they get that, that would be incredible. emily: what are they two back-to-back launches from either expecting? launches could shift a lot because of last minute issues or the weather, but if they launch one rocket from florida on friday and another rocket from california on saturday, that is pretty unprecedented. emily: put it in the big picture for us when it comes to the space race, the private space race. dana: spacex is really focused on dragging down the cost of space and reusing rockets is a big part of that. they had a big milestone in march were they reused a rocket for the first time. they are going to be launching rockets on a more regular basis. the more they

i havethe men encountered in high position, halleck was the most hopelessly stupid. it was more difficult to get an idea through his head then can be conceived i anyone who never made the attempt. he ever had a correct military well, those kinds of condemnations, when added with the condemnations of historians are bad enough, but they still do not reach the level of hisctive displayed by political contemporaries, the ones he dealt with regularly in washington. weighed -- ben wade. put halleck in front of 100,000 men, and he would not scare piece from their nest -- ."ese from their nests another description described as affort in the war "strangling incubus." that says something. but that is not the two most inventive comments. i think these are better. you can decide. the two most inventive critics of how it -- halleck were another politician and this time a political general. namely, a navy secretary, gideon welles, and general benjamin butler. welles despised old brains with a passion. campaign,n this whole halleck originates nothing, anticipates nothing, takes no

comey believe that sessions, the head of the independent law enforcement agency that , would havethebi turned around and warm the president that comey had great concerns about what had just transpired. you can also assume that the special counsel robert mueller either knows what comey is referring to or is eager to find out. you can read the full essay on time -- online at slate.com. good morning. caller: hello? yes, sir. -- theern is the obvious main thing is that the security risk, it is obvious all the groups have confirmed, without doubt, that s came through and influenced and metal than our systems -- meddled in our systems. is it so obvious that the president united states, who should be protecting us against those things, is working so hard to protect himself instead of getting on the bandwagon. so that obviously tells me something is going on. as far as i feel about sessions testifying, i do not think you can or will tell the truth. tweet, sessions was a u.s., they meet with foreign dignitaries. that is their jobs. quit listening to liberal established media, nothing there. g

also the 30 if i haveth record close -- 35th record close. analysts looking at valuation of some of these names. facebook, apple, amazon down more than 3%. alphabet google down 3%. netflix down 4%. apple was up 55%. there were comments about apple's iphone in the fall, whether the chip might be slower download. apple had the worst day in sometime over a year. $25 billion was lost in market value for apple but apple closing at 148 and change. tech certainly weighed. market really held well considering we had comey, uk news. we're finishing at a record, finishing higher on the dow by88 points. back to you. david: steve forbes. record high in the dow, nasdaq getting crushed! >> tech stocks have done extremely well. and i think it is time for a pause. doesn't mean they're all going to collapse like they did, the industry did 15 years ago, 19 -- 2,000, 2001. they had amazing rise. amazon doesn't do much for profits. people take that on faith and delivered on materials making it a big company. it all underlines, david, what we've been discussing ma

as you pointed out in your top, attorney jeff sessions will be on the senate side to havethe capitol at what was going to be bawjt hearing for the justice department, pretty routine and not exciting, but now jeff sessions questioned by senators, that's going to be high drama. >> rose: he's a form senator among other things. >> great point, a member of the club who's coming back who has huge questions about him including -- so during the testimony this week with the intelligence officials wednesday, director comey on thursday, so many times they tantalizingly said i can't say that in public session. they're inviting conversation in the private session. yesterday, director comey, after his gripping, amazing testimony in front of the cameras, he goes behind closed doors and we very quickly learn quickly a leak that he said that there was yet another contact with the russian official that the attorney general hadn't disclosed. so now the attorney general has his own issues. we had the surprise the week, the news that the president wasn't happy with jeff sessions, that he apamptly had bee

we havether thing -- some openings. thanks. and you have five minutes before the next talk. sort of brief. [indistinct conversations] >> so, our live coverage will continue and about five minutes here on c-span3 -- in about five minutes here on c-span3. missed it onu c-span -- retired brigadier general gerald calloway on the possible threat of climate change on national security. >> if you go back to earlier field manuals, there's one from the 1990's that said weather, terrain, and the most significant aspects of battlefield combat -- whether it is run ways that have to be open, the open seas, when they are going to change, and they are going to change right now, the military is concerned about that. the military has long had a concern in forecasting what might happen. >> wisconsin congressman jim sensenbrenner at a town hall meeting. >> [indiscernible] [applause] >> remember what i said at the beginning of the meeting and that is interruptions, you know, are not going to be tolerated. >> [indiscernible] sensenbrenner: would you please sit down, sir? the floor. you do not. w

we havether thing -- some openings. thanks. and you have five minutes before the next talk. sort of brief. [indistinct conversations] >> so, our live coverage will continue and about five minutes here on c-span3 -- in about five minutes here on c-span3. >> gerald connolly on the possible threat of climate change on national security. if you go back to older feel mammals, there's one that said -- older field manuals, whether it's the runways it have to be open so you can land on it afterwards the open seas or the hill you are going to climb, they are in change right now and the military is concerned about that. the military has long had an interest in dealing with things like this and forecasting what might happen. i want to know why don't you just have -- >> remember what i said at the beginning of the meeting and that is interruptions, you know, are not going to be tolerated. >> i said at the beginning of the meeting that interruptions will not be tolerated. would you please sit down? would you please sit down or go out in the hallway. thank you. dayaintenance or angus king