jim o'neill at goldman would say he never sensed that the bricks rise would be a straight line to the moon, it would be one of tom's and -- it would be one of bumps and peaks and troughs and eventually they would get there. i would say that aie would say the same, this is a projection based on trends but any one of which can be blundered by outside shocks or internal shocks in the case of russia. matt: simon, thank you so much for joining us. simon kennedy, bloomberg chief economic -- international economic correspondent. look, i would not say parlor trick, but fun axis -- but fun academic exercise as simon pointed out. olivia: it is interesting to see

charlie: jim o'neill is here. the former chief economist and head of asset management at goldman sachs. he has not slowed down since retiring in wall street. and prime minister david cameron. that role, he was tasked with advising economic performance. i am pleased to have him back at this table. first of all leaving goldman , sachs, why was that the right time? jim: i don't know if it was. but for many years, there was always a time where you have to leave. a place as competitive as goldman, i had seen a number of senior people stay too long. they did not know how to cope with life. i kind of told myself that i would certainly rather leave before the best time rather than after the best time. of course, you don't know when that is. i thought that i will take the risks when i want to learn and explore elsewhere. when i am comfortable with pursuing the same path. i thought i wanted to do something else besides goldman sachs. i love the place dearly. i saw a couple of people from their over the weekend. i don't thin

it can see all of jim o'neill's interview tonight on "charlie rose" at 7:00 p.m. eastern time on bloomberg television. mark: microsoft is shaking up the management team. several big names are leaving. executive vice president stephen elon is one of them in the former ceo of note here and mark is also leaving. he was hillary clinton's chief strategist in the 2008 presidential campaign. several other executives will also depart. microsoft is forming a new team called the windows and group. forlators have find at&t $100 million for the unlimited data plan. the fcc said they would slow down internet speeds after consumers used a certain amount of data. at&t said they will vigorously dispute allegations. betty: fedex is cutting their forecast in the u.s. economy this year. the -- the operator of the largest cargo airline said the gdp will rise 2.3% in 2015 and down from 3.1% in an earlier forecast. you heard from ceo fred smith on a conference call. are 1.6 billion dollar profit improvement line we outlined in 2012 is on a schedule and we are confident we will reach ou

charlie: jim o'neill is here.ormer chief economist and head of asset management at goldman sachs. he has not slowed down since retiring in wall street. and prime minister david cameron.

thank you for having me. >> jim o'neill, back in moment. stay with us. >> 42 years after the watergate scandal the fascination with richard nixon continues. he was self made man who rose to occupy the most powerful 0 position n. the world. to this day he remains the only one of america's 44 presidents to resign. two new biographers explore his complex character. thankry called one man guest the world, the tragedy of richard nixon by tim weiner and "being nixon: a man divided," by evan thomas, and i'm pleased to have both of them at this table. so the same question for both of you. i begin with you. why 96 on. >> other than what i just said, a fashion that nateing character thaty all some some emotion to. >> for me i had a eureka moment. i was at the presidential library in california two and a half years ago talking about 96 on's relationship with j. edgar hoover. after this, the archivist that rowns the library came up and said list we know how you work, doe classify documents right? by the end of trawnd 14nd all much the documents and the

charlie: jim o'neil. back in a moment. stay with us. ♪ charlie: 42 years after the watergate scandal, the fascination with richard nixon continues. he was a self-made man and rose to occupy the most powerful position in the world. he remains the only one president to resign. this biography explores his complex character. one man against the world, the tragedy of richard nixon. and being that some, a man divided. i am pleased to have both of them at this table. the same question for both of you. wine and other than what i just said. a fascinating character -- why nixon? other than what i just said, a fascinating character. >> i was at the nixon presidential library 2.5 years ago, talking about his relationship with j edgar hoover. the archivists came up to me and said, listen. we know how you work. you like declassified documents. by the end of 2014, all of the tapes and hundreds of hours of tapes never released, he was nixon's chief of staff. by the end of 2014, everything will be out. i thought, i will write that book. th

jim o'neill says a deal can still be reached.ut it with charlie rose. >> it is a game of chicken. i have assumed all along that at the last moment there will be some kind of deal. right now that seems an outrageous thing to say. vonnie: greece could miss payments on the debt if there is no deal by the end of the month. futures traders are betting that policymakers won't raise interest rates until september at the earliest. janet yellen's news conference this afternoon right here live on bloomberg television. a takeover to tell you about this morning in the drug sector. the deal is worth about $2.1 billion. the deal is expected to boost business in facial treatments. it is the nation's fifth biggest arm a cynical company by market value. the u.s. women's soccer team is winning for the world cup. they advanced to the round of 16 with a 1-0 victory over algeria. the americans must wait to find out who they will play in the knockout stage of the tour in the. best tournament. tom: who is the other big team? vonnie: germany. brendan: t

jim o'neill at goldman would say he never sensed that the bricks rise would be a straight line to the it would be one of tom's and -- it would be one of bumps and peaks and troughs and eventually they would get there. i would say that aie would say the same, this is a projection based on trends but any one of which can be blundered by outside shocks or internal shocks in the case of russia. matt: simon, thank you so much for joining us. simon kennedy, bloomberg chief economic -- international economic correspondent. look, i would not say parlor trick, but fun axis -- but fun academic exercise as simon pointed out. olivia: it is interesting to see that they matter as much as demographics. matt: the biggest assumption being that we are all still here. that is the long run, right? in the long run -- olivia: true. why one brokerage firm says commercial real estate is the best investment you can make. ♪ olivia: if an investor put money in corporate on 10 years ago, that investor would be seeing a return of about 15% annualized. if that same investor put in on real in-state -- on field to s

anna: jim o'neill characterized this as a game of chicken. that could go on for longer couldn't it?at the end of the day, at some point greece will run out of money. we're not quite sure when that is going to be but not very long. at that point, you know, if they do -- for example, the 20th of july is the hard deadline always has been when they have to pay back the moneys to the e.c.b. at that point, the e.c.b. was not going to be able to supply liquidity. at that point, it shuts down. anna: there we are. david owens stays with us a little bit longer. we're going to take a short break. coming up after the break. fitbit goes public. they raised $700 million in their i.p.o. we'll bring you that story in a couple of minutes. ♪ anna: we'll be right back to "countdown." here are the stories you need to know this morning. thousands have taken to the streets in athens. later today european finance ministers will gather in luxembourg in order to break the deadlock. that come a.f.c. the e.c.b. raised the level of emergency cash available to greek banks to 1.1 billion euros according to someo

know, jim baker myself, others, were accused of being the pragmatists in the white house, those who would not let reagan be reagan. the reality is ronald reagan was the ultimate pragmatist. tip o'neill used to say, i don't like compromising with reagan because every time i do, reagan gets 80% of what he wants, and reagan would say to jim and howard myself and others, i will take 80% every time. i come back the next year and there's the additional 20%. that is what governing is all about. they can go get 70%, but if you are a good salesman like clinton was or reagan was, you make it look like 80% and then you still come back for the additional 20%. an instructive story for you. at governors island in the new york harbor there is a famous picture now of reagan, gorbachev, and george herbert walker bush with the statue of liberty behind them. this was one of the only times they let me play advance man. i knew the photo i wanted. because i grew up in new york city. gorbachev came to the u.n. to speak and we met with him and we brought with us president-elect george herbert walker bush for a ceremonial passing of the torch. gorbachev began the lunch by explaining that he was not sure whe

eric o'neil is an ex-fbi agent who took down robert hansen and he has said that hansen is in a supermax in solitary. why is it do you think that jimcholson had all these benefits of seeing his family, his parents, you know if he had been put in solitary. which is akin to driving someone insane actually? his son would never have been turned. >> indeed that's true and i don't have a good explanation for why he ended up with a much lower sentence than hansen although hansen did quite a lot more. dancing gave more secrets that harmed u.s. security in a way that nicholson did not. i will tell you there is some perhaps some justice for you. jim nicholson is in the same prison with robert hansen today and it would be interesting for you to read the book and noticed that there is a very small connection between both of their cases which i don't want to give away. >> i think hansen was originally given life without parole and sent directly to the -- and nicholson as you. 23 years initially and after he recruited his son he got the other symptoms piled on. other questions for bryan denson? hold for the mic please. >> has an evaluation been

o'neill is an ex-fbi agent who actually took down robert hanson. and he has a said that hanson is in a supermax in solitary. why is it, do you think that jim nicholson had all these benefits of seeing his family, his parents, you know? if he had been put in solitary -- which is akin to driving someone insane actually -- his son would never have been turned. >> indeed that's true. and i don't know -- i don't have a good explanation for why he ended up with a much less, lower sentence than has hanson, although hanson did quite a lot more, and i think peter knows that case a lot better than i do. hanson gave away a lot more secrets that really harmed u.s. security in a way that nicholson's did not. i will tell you there is some, perhaps some justice for you. jim nicholson is in the same same prison with robert hanson today, and it would be very interesting for you to read the book and notice that there is a very small can connection between -- small connection between both of their cases which i don't want to give away just yet. >> okay. yeah, i think hanson originally was given life without parole and sent directly to the supermax whereas ni