i know we are talking about hertz talking about hertz. i don't know what we are looking at. we talk about the bonds. this is your wheelhouse. what does that tell you? sonali: certainly money has been made when they were facing bankruptcy just a while ago, but i have to also say, while the bondholders have made out like bandits, the stockholders are in the red since the listing on the nasdaq. so interesting, old wall street wins again when it comes to herds. -- talk hertz. -- to hertz. taylor: let's get more on this story with someone following this closely. good to have you, particularly following that. from a bond-credit analysis. what is that telling you? is that believable. >> sure. i think the hertz situation is an interesting one to watch. management is in the process of trying to shed its bankrupt self. it has the momentum of the meme stocks to back it up and keep interest going, but more than that, we see the company is keeping its capital structure good. it has raised money this past month. and the shareholders that brought it out of bankruptcy -- we see that managem

sell cars to hertz. it ended up going up some 30, 40% from that point. but we're in the process of giving that back you can see the wedge is drawn look at the second of three charts so often after breaking out the well defined top at a common level, you will check back to it if you simply take the highs from which the stock gapped up on the hertz news, that gets us back to the 9, 10 level. that's about a 10% from here the final chart of three is all the lines together so we're down 19% from the peak. that would make sense for such a high flyer it's got some beta the question is, do we fill that gap from that euphoric knee-jerk reaction on october 25th on the hertz news my hunch is yes. if you fill that gap, buy some tesla. if you have tesla now, sell it >> all right cbc, it closed the day down 6.5% call it 10-14. it is in the extended trade now. if it really is a 9-10 target, what exactly is the trade on tesla? >> it depends a little bit on how much capital somebody wants to allocate to a trade just spea

>> jack, hertz is no longer speculative.s action of the best business now and travel through the rent-a-car at hertz, raking in record profits. they are in short supply anyone renting a car there often wondered dollars a day or more. it's a great balance sheet for emerging from bankruptcy there trades are under ten times and got a big buyback program in place and profitable initiatives like by 100,000 cars from tesla. >> andra want to ask about your income story bonds are not giving much yield to investors at this point. but you like a master limited partnerships and utility think those are better for investors right now? >> mlp other pipeline companies office of the best yields right now the stock market. six -- 10%. the outlook for the industry for 2022 looks pretty good. volume should go as well as a free cash flow and it offers eight lower risk way to play the energy sector than oil and gas producers. some of the bigger names in the group include enterprise products, williams is a large natural gas transport as well as m

. >>> and hertz, bouncing back after bankruptcy what the popular car rental company just did that has customers and a sitting u.s. senator demanding answers. welcome to allstate. where you can pay a little less and enjoy the ride a little more. ♪ ♪ ♪ ♪ now, get new lower auto rates with allstate. because better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today. you're in good hands with allstate. ♪ ♪ ♪ hey google. ♪ ♪ ♪ ♪ ♪ ♪ >>> two teenagers went missing in indiana nearly five years ago now. cops said they found the bodies of abigail williams and liberty german in the woods of their hometown of delphi, about an hour and 20 minutes north of indianapolis, but they never found the girls' killer. now they say they're looking for any information connected to a fake social media account, uncovered during the investigation. they say somebody created accounts on instagram, snapchat and possibly other platforms under the name anthony underscore shots they say the person used the accounts in 2016 and 2017 to post and send to under

and hertz, of course, went bankrupt in 2020 until robin hood de traders rescued it. and they are engaged in a huge stock buyback. now less than a 2 years after they nearly went bankrupt. max, when you worked on wall street, this sort of thing never happened, but also, you know, we just discussed that the president has had, okay, i'm, i'm here to sign into law that we're raising the debt limit because we always pay our debts. i mean, this is the same sort of thing ever. it's, it's, it's debt roll over all the way down. you know, everywhere you look it's, it's plunder. it's the, it's a private equity model of just swapping debt for a bankrupt entity. and you keep on loading up already bankrupt entity with more and more debt until you just crush the company. and that's where like loads of big, big companies as 5 hundreds of years in america. got crushed by the private equity model where they had a whole bunch of debt loaded up on them and then it all collapsed. right. it should be noted that we also see the us dollar going up at the same time and other currencies around

i mean, a perfect example of this insanity is hurts hertz corporation went bankrupt in 202021. and when they were bankrupt, the momos on robin hood pushed the stock of a bank or company, which means just equity is worth 0 up to over $60.00 a share and then said, oh, let's issue some more worthless shares. and the judge said, oh, you can't do that. so that was an example of how insane the pricing is. now, after a couple months in bankruptcy, hertz came out and said, ok, well, now we're going to buy a $100000.00 tesla's. so they're going to spend $4000000000.00 on one 100000 test was maybe a little over $4000000000.00 and announcement came out. you must p r team had the price of a test for the market cap went up several 100000000000. so how is that proportional? i mean, we just have stuff trading in the stratosphere. that's absolute lunacy. so this is definitely going to end badly. it's worse than 1929 to 1999. combined. valuations have never been stretched in the history of the planet. no, it's not different this time. it's not different next time, it's never different. and this

dinner slats between the two towers stabilize the structure and also emit a 1000 hertz tone that cann windy days. >> typically they are very high winds with the wind coming from the west or a slight angle from the north or the south. >> yesterday was so loud we can hear from her house. >> u-shaped aluminum clips are only an eighth of an inch wide that will be painted international orange. each slack, all 12,000 of them, get to clips and rubber inserts. it will take golding great bridge workers about six months to installed. >> they will be installed on the slats on both ends, the sharper edge of the slats, and they will be vertical, so they will go top to bottom covering the entire age of both ends of the slats. underneath those clips is a small rubber sleeve or rt that will help dampen some of the vibrations further. >> the fix will cost $450,000 and should turn the volume down. >> the work is expected to be completed by the end of 2022. at the golden gate bridge, cbs5 . >>> president biden was in kentucky today to get a firsthand look at tornado damage in me with survivors. at leas

. >>> and hertz bouncing back after bankruptcy what the popular car rental company just did that has customers and a sitting-u.s. senator demanding answers. >>> two teenagers went missing in indiana nearly five years >>> two teenagers went missing in indiana nearly five years ago now. cops said they found the bodies of abigail williams and liberty german in the woods of their hometown of delphi, about an hour and 20 minutes north of indianapolis but they never found the girls' killer. well now, they say they are looking for any information connected to a fake social media account uncovered during the investigation. they say somebody created accounts on instagram, snapchat, and possibly other platforms, under the name anthony underscore schatz. they say the person used the accounts in 2016 and 2017 to post and send to underaged girls images of a male model asking as if they were the model the person allegedly used the accounts to solicit photos and try to get girls to meet up. police say they identified the model featured in the photos, and confirmed he was not behind the accounts our

hertz rolls out and hits greg ward jr. for a 19-yard score. they win 27-17. philadelphia is 7-7 tied with minnesota and new orleans for the last nfc wild card spot. the 49ers are on a short week. they face tennessee on thursday. >>> it's now 4:57. coming up,. >>> another leap in the fight against covid. the new treatment that could be approved as early as today. >>> the wa hear hearing the boyfriend of a woman who disappeared during a powerful storm. >>> a live look from brian kiley on highway 4. a wet morning out there on the roads. please drive safely. we will ho. ho. ho. it's santa. we got a problem. ♪ ho! ho! ho! >>> live from the cbs bay area studios. this is kpix5 news. >>> california becomes the second state to require booster shots for health care workers. what the governor said before today's announcement. >>> plus a san francisco restaurant becomes the first in the city to require booster shots to eat indoors. that rule goes into effect. >>> and the push from some california lawmakers to tighten up covid restrictions on domestic flights. >> and a ra

take a look now at all the boomers legal results so far on it matched a 70 fryeburg, a beat susan hertz, had defeated endorsement spiel, fell that stunned abbe leipzig and frankfort beat mice off. and i am andrew with glad bach bull home down on yawn. berlin and foot shared the spoils with owls bark . byron, a dismantled vol. score on friday and cologne are right now battling just got as soon as update up as our i'll be back with more headlines at the top of that with the landscape. a reflection of a turbulent history. the cities, a mosaic of different people and languages. iran's mountains reveal unparalleled beauty. the scenery is magnificent, but people are warm and our position is exceptionally ah, a special look at a special country. iran from above. starts december 27th on d, w. ah. this week unwell stories. do hon is burg fighting the corona virus. a dispute over a coal mine in britain? but we began in ukraine. there was international concern about the deployment of russian troops on the countries east in border how i residence in the border region handling the threats. this mudd

and with their side hosting dormant the match was set to be equally flashy. hertz her fighting to avoid the relegation. battle came out firing ms. yon melita burst ahead of norman's defense and tap home. just 15 minutes in but after a v r cheque teammate ye shock built, the deal was real to be a hair off side on the play. no gold. the visitors didn't squander their good fortune with eulley and bland summoning a spectacular tidings finish. 16 minutes later. one mill with dormant hopes of chasing barn still alive but her to return from the half time break. reinvigorated bel, fidel made good on his earlier infraction racing past his opponents to equalize with a strong solo effort in the 51st minute and 6 minutes later. here to double their lead. marco victors screamer, left doormen, stunned. before richter twisted the night, making it 31 with 20 minutes left to play. stepping diggers, cut diamonds deficit with elite header, but it was already too late. dormant were dealt their 2nd loss and 4 matches. a serious blow to any realistic title. hope's will heritage celebrated the holiday gift of

so if you simply take the highs from which the stock gapped up on the hertz news, that gets us back to> i was looking at the january 1100, 1120 call spread this is where i'm talking about how much capital you want to allocate even though this stock is $1,000 a share, you can find smaller ways to make bearish bets. >> since then shares have indeed pulled back. what gear may be next? carter, we'll go to you first. and then get word from mike. what do you think? >> well, we had a nice crack there, a really aggressive, down 6% to 7% but, to be fair, tesla has bounced back ultimately the question is, is this period of distribution, selling, whatever you want to characterize it, is it over? i think not. i think we're still going down to about 900, 910. >> mike, what do you think >> so the call spread we sold has collected about a dollar week over week, which is okay. here's the important thing to remember we've had some big insider selling. some of that is probably tax-related because elon had some options he has to pay taxes on those options because he had to exercise them, otherwise they w

the rams entered the game on a 17-0 run to win it 20-10 >>> across the countryin philadelphia, jalen hertz soared high in his tuesday performance against the washington football team he threw for 296 yards and a touchdown, but he was even more electric on the ground rushing for a pair of scores in the 27-17 win over washington. >>> ahead of their week 16 match-up, a billboard pro proclaiming buffalo bills fans the best in football showed up near the patriots stadium. the pats already have one win over the bills this season >> i'm sure the pats' fans are going to let them hear it this weekend. >>> nbc meteorologist janessa webb is tracking a winter weather alert on this wednesday, three days before christmas. good morning >> hi, good morning. yes, we do have some coastal low that's causing rainfall for the carolinas. we're over the severe weather for florida today. but we continue to watch this make its way off shore the problem is it's colliding with the cold front, cooler's in place, that's why we're going to see the significant snowfall from connecticut to maine. maine i'm reallyconcerne

the goth via says pile of of local hertz, the local gutter years that we used to where we are kids. i would never forget going to the old school shopping for all sorts of styles of god for years. and i realized that was, there was tons of the flint patterns and designs. but the challenge, he says was turning his idea into a functional unsustainable stadium in a country where temperatures reach almost 50 degrees celsius stadiums are air condition too. while it's open to the sky, and interestingly, even ventilation, these, the skin has some openings wherever the wind has been calculated, to penetrate through, to create the proper breeze. and all the technical matters, categories, home to less than 3000000 people. and with vast, undeveloped land, it's been in a unique position to build stadiums without controversial relocating homes are seen in some of the previous house countries. the locations of the stadiums were wisely chosen to be built in an area that the national strategy in the country is moving toward and trying to move population toward. since kat are one the world cockpit, i

i mean, just my and hertz will do that and i met her and she said, why did you give me that terrible snort? i didn't say i couldn't so it's just got done like you very much. could i? no. oh, what did you say? i just said, hey, to meet you ma'am, and i'm not like, but she never started in her life. i mean, i don't, i don't know why i gave her that laugh, but it just worked. and then once we gave a freckles once we just had a pretty good for my make for now. and she got a colander and she just sprayed orange paint through a calendar for a freckles. it's really good to do over the oh, i'm sure i'm sure most of the equivalent sill fluids that were strictly from royal . but just in the off chance she got towed, we'd have to re shoot the whole sure. i well i do get the feeling sometimes at pinch. charles, he must be dying to begin now. and he must be like encouraging his mom to go on dancing on. i, i feel that something i nice to a would be a special show tonight since that happened with their mentors and their own family is a sort of slight tone or a bit more trouble than somebody like je

cuz our gene just bummed and hertz will do that. and i met her and she said, why did you give me that? terrible. sure. i didn't say i couldn't so it's just got done like very much. could i? no. oh, what did you say? i just said had nice to meet you ma'am, and i'm not like, but she never started in her life. i mean, i don't, i don't know why i gave her that last but it just worked. and then once when we gave a freckles once we just had a pretty good for my make for now. and she got a colander and she just sprayed orange paid through a calendar for a freckles. it's really good to do over a sure. i'm sure much. the queen was seal fluids that were strictly from royal, but just on the off chance she got towed, we'd have to re shoot the whole. sure. well, i do get the feeling sometimes at prince charles. he must be dying to be king now. and he must be like encouraging his mom to go on dancing on a saturday would be a special show tonight if that happened with their mentors and their whole family is a sort of slight tone old and a bit more

and his mother and hertz will do that. and i met her and she said, why did you give me that? terrible. sure. i didn't say i couldn't so it's just got like very much. could i? no. oh, what did you say? i just said had nice to meet you ma'am. i'm not like, but she never started in her life. i mean, i don't, i don't know why i gave her that last but it just worked. and then once we're me gave a freckles once we just had a pretty good for my make for now. and you got a colander and she just sprayed orange paint through a colander for a freckles. is really good to do over the oh, i'm sure i'm sure how much the greenwood seal fluids that let's start with from royal. but just on the off chance she got towed, you'd have to re shoot the whole sure. well, i do get the feeling sometimes at prince charles. he must be dying to be king now. and he must be like encouraging his mom to go and dancing on. i a would be a special show tonight if that happened with their mentors. and it's a sort of slight tone old. i don't know, but more trouble than somebody like jeremy by on the program today.

. >> we have public and private partnership the employers came from hertz rent a car and many privatee city staff so the airport is here, starbuck's is here we've been retail we have restaurants, we have offices and so the young people will get an opportunity to partner search warrant with so many of the great champions for jobs. >> for the past 5 years we've hired over 3 willed youth to work as business traces they have been promoted to supervisors. >> if you're doing a job at starbuck's the opportunity for them allows them to understand math if tire working at anothers architectural firm understanding debris or a media to understand reading and writing differently those are opportunities that the mayor is clear he wanted to provide we're going to be do mock interviews helping young people that the resumes a it pulls them to the career opportunities and building inspection commission make sure they're prepared for those opportunity educational and in terms of their preparation skills by the time many of them leave they'll leave with jobs and new relationships building their network o

alicia hertz, their former neighbor and teacher withdrawaled parents that seemed formidable. to ignore, a dinner party at their home. jose told his guests he'd brought back a vhs tape from a trip to brazil. >> and i have to show you guys this. because it's so unique. and so he puts it in. and i don't remember the name. >> reporter: she said the film showed adults engaging in sex acts in front of children. >> and we saw a few seconds of it, a few minutes. and we made excuses. a lot of us stood up and said, "we have to leave." we couldn't stand to see it, to watch it. >> reporter: but jose found this engaging. >> oh, hysterically funny. >> reporter: these stories of the menendez family had been buried for years, until the sons were charged with murder. and she signed on to defend them. veteran criminal defense attorney leslie abramson, known for her brash style in the courtroom, and with the press. >> you want that? that's what you get today. >> reporter: reporter robert rand, who wrote a book on the case recalled her passionate devotion to her clients. >> i've never seen anybo

yes, herk by way of background was a spinoff from hertz in 2016 and the rental is the third largest rentalit's really in the early stage of upcycle of a multi-year, you know, boost of u.s. construction. and on the recent infrastructure bill it's also very strong catalyst for herc. now we are in an inflationary environment so having pricing power is very important. we think herc will continue to have, you know, strong pricing power and also the recent supply chain shortage will field that pricing power in terms of having strong demand but not enough supply but there's also a secular trend, you know, from ownership to renting because of better cost flexibility and, you know, be better utilization and in this market valuation is extremely important. herc still trades at significant discount to its larger peers, united rental and sunbelt. so we think it's going to be a catchup play and also in addition to its margin expansion so both eps growth, you know, surprise we think, and also multiple expansion >> watching herc holdings, it's been on fire this year stock number two, we think -- we drive

. >>> part two of the investigation into hertz rental car company.rs who say they were wrongly arrested after legally renting their cars. >>> drew barrymore joins us and opens up about struggles with mental health and importance of getting help. drew says let's talk about it. see you at 7:00 on the dot. >>> 6:38. coming up on kpix5 and streaming on cbsn bay area. >> what is forcing blue origin to delay next launch in the new timetable for the company's lift off. >>> successful launch for spacex and how it is helping nasa in the future. >>> a live look with our high def doppler radar. you see things are wrapping up. we had light rain last night and now looking at clearing. we are going to catch sunshine, temperatures will be on the cool side in the 50s this afternoon and with breezy conditions, it will be feeling chillier. grab that coat. i will have your full forecast coming up in a few minutes. >>> the market just opened about ten minutes ago. dow is down in the red about 135 points. diane king hall breaks down the numbers right after the break. ♪ i

as of yesterday's closed it lost all the gains, sparked by the 30% rally in the deal it struck with hertzouch below 900 bucks a share. >>> on deck, stocks looking to bounce back and put an end to the recent slide why the return of risk may be a good thing for the markets and what investors need to do around it >>> and catch david faber's exclusive conversation with bob iger as he prepares to step down from disney. and the growing battle for viewers within the streaming space. >> i think you're seeing a migration to more digital, direct to consumer forms of entertainment distribution and being in that business in a larger scale, which i think that will provide more growth for the company than the traditional media platforms would have, and just the migration,the erosion of the traditional media platforms and the growth of the new ones we're playing in that space much more aggressively than we would have obviously without disney plus, without hulu as well >>> welcome back to "worldwide exchange" and back to the markets. as futures point to a rebound following monday's selloff on the one, tw

the return of leisure travel left companies like avis and hertz flat footed.tories and they're having trouble ramping up the fleets. the average price to rent a car is over 30% higher than time last year. that amounts to about $81 a day. >>> your friendly neighborhood super hero sure hit a nice stride. >> you're struggling in everything you want. >> marvel's latest film spider man, no way home, broke the billion dollar mark. it only took 12 days. the film is a bright spot in a dark year for movie theaters. sales down 16% from 2019. we'll see if movie studios stick with more releases on streaming services which could further hurt the traditional movie houses. >> i'm still not ready to go back to the theater. so much good stuff at home to stream. >> i know. >> so much good content right now. >> yeah, i agree completely. >>> later today president biden is joining his coronavirus response team as they discuss with many of the nations governors what's happening right now. it's a sign of omicron's rapid spread across the country and the top of the president's agenda

back on 2021 we can't forget the impact retail investors had on reviving troubled businesses like hertzs sort of like is all of this -- did we suspend? even with student loans, on one hand, this wave is going to come due. on the other hand, nope, six more months, nothing is going to happen. >> it propped up consumers and businesses that a people would argue would have caught bankruptcy protection in 2021. once those benefits go away in 2022 i think we will really see kind the true sense what have these businesses are facing. >> absolutely leslie we appreciate it less low picker reporting. that does it for "the exchange," everybody. thank you for your time, i will be joining frank holland for "power lunch," which starts right now. ♪ >>> thanks a lot, kelly and welcome to "power lunch. i'm frank holland. here's what's ahead on the show. russia risk. president biden and putt continue to speak this afternoon amid heightened tensions over ukraine. at stake the natural gas market and potential for higher prices. >>> forget faang, there is a new basket of stocks to watch in 2022 we will talk t

paul hertz is here he's nasa's director of astro physics.'t already know >> well, because we're measuring polarization of x-rays, they come from right down near the black holes. we can see all the way down to it the place we have never seen before >> how do the -- what do the x-rays give us that we couldn't have gotten otherwise? >> well, x-rays are only emitted by the most energetic or hottest places in the universe if we want to study the extreme parts of the universe near black holes, neutron stars, the remnants of supernova, we have to look at them in the x-rays to understand them. >> where is the excitement what are those doing the observing the most excited about from this launch >> well, it's really about testing our theories and seeing if we understand how nature works. we have seen just x-rays for years. and we want to know how they are created. now we're going to look down, compare our theories to what we see. >> the james web telescope is set to launch later this month everybody in the scientific community has been pumped for that

. >>> and hertz, bouncing back after bankruptcy what the popular car rental company just did that hastomers and a sitting u.s. senator demanding answers. woman: i have moderate to severe plaque psoriasis. now, there's skyrizi. ♪ things are getting clearer ♪ ♪ yeah i feel free ♪ ♪ to bare my skin, yeah that's all me. ♪ ♪ nothing and me go hand in hand ♪ ♪ nothing on my skin that's my new plan. ♪ ♪ nothing is everything. ♪ woman: keep your skin clearer with skyrizi. most who achieved 90% clearer skin at 4 months had lasting clearance through 1 year. in another study, most people had 90% clearer skin at 3 years. and skyrizi is 4 doses a year, after 2 starter doses. ♪ it's my moment so i just gotta say ♪ ♪ nothing is everything. ♪ skyrizi may increase your risk of infections and lower your ability to fight them. before treatment, your doctor should check you for infections and tuberculosis. tell your doctor if you have an infection or symptoms, such as fevers, sweats, chills, muscle aches, or coughs or if you plan to or recently received a vaccine. ♪ nothing is everything. ♪ woman: talk t

stand there with a basket which is what we do and three or four years ago when it was spun out of hertzz: i was just going to say with ibm, mario, it's not always a silver bullet. year-to-date ibm is down 88% it's just kind of meandering over the past several years, so just because you're going to do these maneuvers -- >> i agree but liz they got a new ceo, they are doing financial engineering so think about it. think about ibm at $120 a share, what's the downside, and what's the upside now that they spun off kd? my point of view i have a company i happen to like the agricultural echosystem, i like the american farmer planning fence to fence work trying to get his prices down and products exported and then because of the labor shortages going to autonomous equipment, so that you can sit at your desk at a farm and you know 20,000- acres you have and how to where the holes are and where the water is needed and how to drop, so companies like deere are getting multiple precision farming. the one i like in part in addition is case new holland. case new holland, cnhi, is .3 billion shares the

good thing for hertz share holders, david. david: stuart: on.r people were injured, and good news they're all in stable condition. that plant refines. 4 million barrels. qud-dile is that it. lauren: they agreed to buy or the they clinical for $6 million. david: planning to roll out the 5g service from at&t around verizon but boeing and airbus are urging the white house to postpone this. why? lauren: they're concerned for potential interference from the 5g communications. that it could affect the conditions in low visible conditions. possible consequences if they go through with this, 345,000 flights could be canceled or delayed if there is interference. david: wow. that is a big decision to make. lauren: yeah. david: there are always consequences. there are no sew uggs loos, only tradeoffs. lauren, thank you very much. lauren: i have got one more. david: faa. lauren: they're trying to get the boeing 777 back in the air this is a strange story. they're making, recommending that boeing make the engine cover stronger because this is crazy, plane pa

the biggest has to be hertz. >> one of the biggest for sure. more than one way. it was one of the first and only true pandemic caused bankruptcies. it also suffered from supply-chain imbalances and disruptions, but on the other hand, the other major theme of the pandemic has been a ton of government stimulus, and hertz and other distressed situations rebounded in a way we have rarely seen to, in the case of hertz for instance, rebounded, which is unusual. >> you mentioned the stimulus, the monetary stimulus in particular. how much of that success in the distressed world is coming to an end in 2022 now that some of the stimulus is getting cut back from a monetary and fiscal perspective? >> it is interesting because the stimulus has sort of handed outside returns for certain investors but most of the distressed debt market is actually looking forward to the wind back of the stimulus because they actually do better when there's a wide array of opportunities in troubled companies, so they may have fewer hits, fewer huge hits, but more opportunities

i worked there as the booking director, booking the opera house, the symphony home, the hertz theater and about a dozen years ago i was promoted to the deputy director of the department which gave me oversight of all the facility operations and event production and got a $6 million renovation from 2013 to 2016. and i look forward to working with you and expanding our tenants, getting them up and running and continuing to expand these types and kind of events that happen in the park. thank you so much. that concludes it. >> director: can i just say it's really nice to have you. you do have big shoes to hear. but i'm always excited to hear someone's a transit rider and they come to work for the t.j.p. so that's good to hear. >> director: welcome. it's great to have you. >> and, with that, our facilities director. john has been instrumental by working closely with our transit operators, neighbors, and i ask that manager lincoln property company. he's also worked to ensure we keep our retail tenants on board so that they're with us when we get to the other side of this pandemic and that's

you look at what happened with companies, you know, it's hard to say in hindsight but the anc and hertz that could have been in distress, had it not been for an army of retail investors who say i see value here, i'm going to drive up the stock price, it's interesting to think about what could have been >> yeah. no doubt it's a great point that you make one frankly that i wasn't thinking about because as you mentioned, let's say, you know, amc, for example, you use the added interest and your stock price to raise the capital that you've needed and had maybe not the same kind of avenue to do it so it's a great point you make i do think to your point as well, stimulus and relief of many factors has played into the reason why those numbers were lower than they have been in prior years. >> if we look at kind of dry powder and fundraising, distressed funds have been waiting to get into the game and start investing in real distressed opportunities they have still been on a fundraisinsee if next year prese opportunity for them as well >> yeah, good stuff. >> don't miss another edition of our cn

and all these -- when they got the thing -- got the car towed back to the hertz dealership they saw alltar last week who said regarding something like that. oh, that's life in the big city. seth rogan? life in the big city, brian. ainsley: after we picked upth kids up from school yesterday. she had just been at the drugstore. she comes into my apartment and says you are never going to believe what happened to me. i'm at the dwayne reed and this guy walks in with a big red, you know, fresh direct bag what these get. big toted bag and just walks along the aisle in duane reed and just puts everything in the bag and just keeps doing it and walks out. when the bag was full. and everyone was saying, sir, please leave. please leave. and he said i will leave. i'm leaving. i'm leaving as he is walking out. fills the whole bag up. steve: now there is a move that a certain private businesses will start to hire, particularly in california, off duty police officers just as security. that way they will be there at the door with a gun. brian: right, can they use it security guards are limited. ainsley