i am pleased to have isadore sharp at this table for the first time. welcome. >> thank you, thank you. >> rose:. >> pleased to be here. >> rose: think back to 1961, what were you thinking? >> well, you know, i have to think about it that i was not building a hotel to go into the hotel business. i had some years before that built a small motel for a friend and i was intrigued of how he and his wife could make that work, and this is in the middle of limited access highway, on the outskirts of toronto, and, you know, i convinced him to maybe make eight little bit bigger and not unfinished because it looked like a big house and he did and he asked me, just as soon as he finished to come back and finish the rooms. so it sparked an interest in me and i decided to try to do that but instead of doing it on the highway i thought if it works so well there, wouldn't it work better to do the same concept of combining the best of a motel and a hotel downtown? so i was thinking as a real estate deal, that was my business, i am a builder by trade and rea real ee is w

. >> rose: we conclude this evening with isadore scharff canadian businessman who found add very successful four seasons hotel and resort chain. >> and the employees are the key, because if we are going to have a customer service focus had to have an employee focus. because it is through them they deliver the product. >> rose: they are the interface. >> they are. they are literally the pride, thei approach to their work ethics and thr passion for their job. so it was a concept of, you know, we held out, you know, many years later of what i thought we had a company could do and what i could do best which was only operate medium sized hotels of exceptional quality and to be the best. >> rose: etch thomas and isadore sharp when we continue, funding for charlie rose was provided by the following. dirnl funding provided by these funders. >> additional funding provided by these funders. >> and by bloomberg, a provider of multimedia news and information services worldwide. from our studios in new york city, this is charlie rose. captioning sponsored by rose communications from our studios in new y

us stock market last week max they say that the motive of the algorithm was clear yes understeer isadore them was a doubling up the new york stock exchange and making a few people fabulously wealthy a mysterious parasite called jamie diamond was swimming in the entrails of the lower intestines of the new york stock exchange and he was getting fat and stealing money along with goldman sachs and barclays and who is this new guy in town martin flung all. links longer in wheatley martin we late here in the u.k. he's a parasite crawling up this strange thing on the alimentary canal of the banking. system in gourgeon himself on the fraud he's getting sacked more mainly on the fraud he's a parasite martyr way later. well again max the motive of the algorithm remains unclear there is other stuff we don't clear about the motive of the other or that much about stealing money doesn't always design those ways right and they get those sharpies down there in the city in the wall street at mit and stanford university to create algorithms to steal money that's not us it's how do you say oh we just accid