>> john goldman of goldman architects. work wg the owners to figure the best way to restore this building. i'm a huge timothy fluger fan and collecting industrial design for 30 years and been a member the art deco society on and off. i have ever book about fluger and had this for years. i have been a huge fan of fluger. modarrin is my favorite style so if anyone is worried about my respect for the building, don't be. my goal along with the owners is figure the best way to restore the building back to what fluger had. his original drawings exist. a lot of the details facade exists. is covered up over the years by bad renovation and the store fronts are not the way they should be. the marquee is gone and the tower. all the details have been either hidden or removed, but my idea is try to get it back to the way it was in 1931 to the extent possible. i love the building and owners love the building and will do right by the building and very much in favor the proposed landmark status. we are looking at state and federal landmar

>> john goldman of goldman architects. work wg the owners to figure the best way to restore this building. i'm a huge timothy fluger fan and collecting industrial design for 30 years and been a member the art deco society on and off. i have ever book about fluger and had this for years. i have been a huge fan of fluger. modarrin is my favorite style so if anyone is worried about my respect for the building, don't be. my goal along with the owners is figure the best way to restore the building back to what fluger had. his original drawings exist. a lot of the details facade exists. is covered up over the years by bad renovation and the store fronts are not the way they should be. the marquee is gone and the tower. all the details have been either hidden or removed, but my idea is try to get it back to the way it was in 1931 to the extent possible. i love the building and owners love the building and will do right by the building and very much in favor the proposed landmark status. we are looking at state and federal landmar

>> john goldman of goldman architects. work wg the owners to figure the best way to restore this building. i'm a huge timothy fluger fan and collecting industrial design for 30 years and been a member the art deco society on and off. i have ever book about fluger and had this for years. i have been a huge fan of fluger. modarrin is my favorite style so if anyone is worried about my respect for the building, don't be. my goal along with the owners is figure the best way to restore the building back to what fluger had. his original drawings exist. a lot of the details facade exists. is covered up over the years by bad renovation and the store fronts are not the way they should be. the marquee is gone and the tower. all the details have been either hidden or removed, but my idea is try to get it back to the way it was in 1931 to the extent possible. i love the building and owners love the building and will do right by the building and very much in favor the proposed landmark status. we are looking at state and federal landmar

the goldman sachs cafeteria? john: that was a halfhearted laugh. not a great joke.sed to be funny, it is supposed to be snotty. john: i haven't heard that one before. you have all this stuff, and a lot of reasons people don't like banks. john: regulatory reform is something, if you want to put points on the board, trump can do a lot of that on his own in a unilateral way. legislation is harder, especially big wings like immigration and tax reform. as the market going to be ok if, in the worst-case scenario, trump runs up a bunch of regulatory reform or rollbacks, but hasn't put legislative points on the board? is that ok with the markets, or do the markets need to see built -- big bills pass? if there is nothing done on taxes are infrastructure or something around the fiscal picture, eventually they'll be a disappointment. it is so clear that the market fiscalcting expansionary policy. tax cuts are why everybody who is bullish on the markets, they all site that. if that can't get done and there is no agreement, if democrats are able to block it, i think that will in

in that environment, goldman sachs will benefit. donald johnmp do that i willar faithfully execute the office of president of united states -- >> the office of president of the united states -- >> and to the best of my ability -- >> and to the best of my ability -- >> preserve, protect, and defend -- >> preserve, protect, and defend -- >> the constitution of big united states -- >> the constitution of the united states >> donald trump of the official president of the united states. plenty of trouble talk coming up. in the latest word on brexit straight from u.k. prime minister theresa may. >> we want to trade around the world, but we also want to make sure that markets are working properly. erik: this is bloomberg. ♪ ♪ welcome back to "bloomberg best." i'm erik schatzker in davos, site of the 2017 world economic forum. british's exit from the european union is the most unresolved issue facing global business today. u.k. prime minister theresa may is developing a plan. we want to build a global forain that is an advocate free trade, free markets

it is a good thing and in that environment, goldman sachs will benefit. i donald johnrump do solemnly swear. president trump: i donald john trump do solemnly swear. >> that i will faithfully execute. president trump: that i will faithfully execute. >> the office of president of the united states. ofsident trump: the office president of the united states. and will, to the best of my preserve, protect, and defend the constitution of the united states. >> so help me god. president trump: so help me god. >> congratulations, mr. president. donald trump now officially president of the united states. he was the focus of much discussion throughout the week in davos. plenty of trump talk coming up and words about brexit from prime minister theresa may. tradersnt to be free and we want to make sure that markets are working properly. erik: this is bloomberg. ♪ erik: welcome back to "bloomberg best." os, erik schatzker in dav site of the world economic forum annual meeting. written's exit from the european union is the most pressing unresolved issue facing global business today. u

goldman, thanks. >>> coming up next, we'll get john dickerson's take on the president-elect versus the media. and later, dozens are rescued as severe weather continues to ♪living well rise above joint discomfort with move free ultra's triple action joint support for improved mobility and flexibility, and 20% better comfort from one tiny, mighty pill... get move free ultra, and enjoy living well. ito become dangerous.d for an everyday item new tide pods child guard pack. helps keep your laundry pacs safe and your child safer. align, press and unzip. have you any wool?eep, no sir, no sir, some nincompoop stole all my wool sweaters, smart tv and gaming system. luckily, the geico insurance agency recently helped baa baa with renters insurance. everything stolen was replaced. and the hooligan who lives down the lane was caught selling the stolen goods online. visit geico.com and see how easy it is to switch and save on renters insurance. >>> it was hard to tell in the president-elect's news conference today whether he was more disgusted with his intelligence community or with the media. john dicke

trump will be both landlord and tenant. >> julianna goldman, thanks. >>> coming up next, we'll get johnrson's take on the president-elect versus the media. and later, dozens are rescued as severe weather continues to storm the west. what's the status? there's a meteor hurtling towards earth. how long until impact? less than a minute. what do you want to do, sir? listen carefully... or more on car insurance. i like the sound of that. geico. because saving fifteen percent or more on car insurance is always a great answer. >>> it was hard to tell in the president-elect's news conference today whether he was more disgusted with his intelligence community or with the media. john dickerson is here, our cbs news political director and anchor of "face the nation." john, mr. trump is rewriting the relationship with the press. >> reporter: he is. all presidents try to do this. they try to control the message by controlling the press. donald trump is trying to do it through intimidation, to soften up the stories about him, but he's also seeking to delegitimize the press

and jobs across the opportunity, that is a good thing and in that environment, goldman sachs will benefit. >> i, donald john trump, do solemnly swear. president trump: i donald john trump do solemnly swear. >> that i will faithfully execute. president trump: that i will faithfully execute. >> the office of president of the united states. president trump: the office of president of the united states. >> and will, to the best of my ability. president trump: and will, to the best of my ability. >> preserve, protect, and defend . president trump: preserve, protect, and defend. >> the constitution of the united states. president trump: the constitution of the united states. >> so help me god. president trump: so help me god. >> congratulations, mr. president. erik: donald trump now officially president of the united states. of course, he was the focus of much discussion throughout the week in davos. plenty of trump talk coming up . and up next, the latest words on brexit, straight from prime minister theresa may. prime minister may: we want to be free traders and trade around the world, but we want to make sure

goldman, thanks. coming up next on the cbs, is we'll get john dickerson's take on the president-elect versus the media. and later, dozens are rescued as severe weather continues to storm the west. coaching means making tough choices. jim! you're in! but when you have high blood pressure and need cold medicine that works fast, the choice is simple. coricidin hbp is the only brand that gives powerful cold symptom relief without raising your blood pressure. coricidin hbp. why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis. >> pelley: i

john podesta. the mills include from paiaid speeches to goldman sachs and other wall strtreet firms.ing the debate, donald trumpp weighed in on the leaked clinton speeches. mr. trump: she got caught in the life. to herers when out friends at goldman sachs and everybody else and she s said things come a wikileaks, that just came out. she lied. amy: so there you have donald trump. talk about the significance of this. >> trump made goldman sachs a villain very early in the campaign. he was extremely explicit about it throughout the entire campaign season, dating back to january and february when he used it as a club to beat on ted cruz because both ted cruz wife and himself at a financial relationship to goldman sachs. he said ted cruz is totally controlled by goldman sachs. hillary is totally controlled by: sex. of not going to be a puppet goldman. d that a campaign aide specifically mention goldman and wall street banks the something new turns around after the election and he brings five people from goldman sachs work four -- or four into the white house. your immediate obvious hundre

goldman sachs was a technology company. wasof the hallmark moments the passing of john glenn. we grew up in space families. a generation, truly. it meant fearless innovation, testing, and i mean this with immense respect for all the lost theen -- have we fear to take a risk? >> we have lost a great deal of that. goes back to the early portion of the 19th century and has to do with funding research that may or may not pan out. basic research. we don't do that. like we usedt fail to. >> we are not willing to fail. it is only the government that can fund the sort of thing. i am referring to government everywhere. by not providing basic research, not providing capital, and not providing encouragement for our young people to become scientists and to explore the in thend the data natural world, we put ourselves disadvantage. >> the book of the year for me has been courageous. he has been criticized for it. he has been critical of how india has tactically imposed a reduction of cash. i know that there is negative interest. what is the future of cash? are we going to be a cash-free society? >> not anytime soon. we

goldman sachs executives, wilbur ross who buys distressed assets. i'd like to see from the boot straps entrepreneurs. i was thinking fred smith of fed ex who started fed ex in 1971 or john mackie of whole foods or peter thiel. he needs a little bit more of that. >> we'll have to leave it there. coming up l.l. bean's co-owner stands up to those calling for a boycott because she voted for donald trump. >> they want to control our money and how we buy and where we buy it. that's wrong. that's not american. k to forb. david: donald trump praising l.l. bean's co-owner for standing up to liberals, calling for a boycott because she supports donald trump. trump tweeting thank you to linda bean of l.l. bean for your great support and courage. people are going to support you more now, buy l.l. bean. kind of an ad. and here is linda bean saying why she is not backing down. >> it's a bullying. it's bullying me personally. it's bullying now the company that didn't give the nation. i gave the donation personally to a pac to support trump, but the point is we should have that privilege. we live in america, this is a free country, i thought. david: i love her attitude. isn't that how c

goldman sachs executives, wilbur ross who buys distressed assets. i'd like to see from the boot straps entrepreneurs. i was thinking fred smith of fed ex who started fed ex in 1971 or john mackie of whole foods or peter thiel. he needs a little bit more of that. >> we'll have to leave it there. coming up l.l. bean's co-owner stands up to those calling for a boycott because she voted for donald trump. >> they want to control our money and how we buy and where we buy it. that's wrong. that's not american. g new car. you're smart. you already knew that. but it's also great for finding the perfect used car. you'll see what a fair price is, and you can connect with a truecar certified dealer. now you're even smarter. this is truecar. >> live from america's news headquarters, i'm kelly wright. good morning. u.s. troops receiving a hero's welcome on the doorstep of russia. the prime minister making part in the ceremony greeting american soldiers. they arrived in the country earlier this week in an effort to deter russian aggression in eastern europe. moscow not happy with the move, it feels threatened by the presence of u.s. troops so close to its border. here at home, wells f

goldman sachs executives, wilbur ross who buys distressed assets. i'd like to see from the boot straps entrepreneurs. i was thinking fred smith of fed ex who started fed ex in 1971 or john mackie of whole foods or peter thiel. he needs a little bit more of that. >> we'll have to leave it there. coming up l.l. bean's co-owner stands up to those calling for a boycott because she voted for donald trump. >> they want to control our money and how we buy and where we buy it. that's wrong. that's not american. afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west are mine. thnorth and the south are mine. all seems beautiful to me. g new cars. you're smart. you already knew that. but it's also great for finding the perfect used car. you'll see what a fair price is, and you can connect with a truecar certified dealer. now you're even smarter. this is truecar. david: donald trump praising l.l. bean's co-owner for anding up to liberals, calling for a boycott because she supports donald trump. trump tweeting thank you to linda bean of l.l. bean for your great support and co

john? jonathan: coming up on this program, trump taps goldman again after criticizing goldman sachs as a symbol of wall street greed in the campaign. the president elect adds another employee to the administration, joining four others. we'll head to d.c. for the latest in another look with bank of america out with eengs, profit up 43%. largely in line with the estimates on the street. the stock up .6% in the premarket. jp morgan and wells fargo results coming up in 50 minutes' time. this is bloomberg. jonathan: from new york city, this is "bloomberg daybreak." bank of america out with earnings, 43%, profit up on bond trading, largely in line with the stipts on the street. jp morgan coming up in 47 minutes' time. and the market futures bid, up about 20 points on the do you -- on the dow, 1% across the board. if you switch up the board quickly, treasuries at the moment, yield down a basis point to 235. the f.x. market, the dollar headed for the biggest weekly drop since the election. the cable rate 121.79. he you're is north of 1.6. david jirgee the president david: the president is adding to his

goldman sachs as a technology company. nternet andwhat jeff immelt is general electric. one of the hallmark moments of december was the passing of johnu and i both grew up in space families, if you will. i was up in rochester with the kodak, and you were among the grumman people of long island. here was the icon of a generation truly, and it meant fearless innovation, testing, and i mean this with the immense respect for all risks taken. have we lost the ability to take the risk as a nation? abby: i fear, as a nation, we have lost a great deal of that. consider for example that many of the large expenses by the government going back to the early portion of the 19th century had to do with funding research that may or may not pan out, the basic research and so on. we don't do that in the same extent -- tom: we don't fail like we used to. abby: we are not willing to fail. it is a great way to express it. it is only the government that can find that kind of thing. when i say government, i am referring to government everywhere, not just the u.s. government. and so by not providing the basic research, not providing the capital, and, by the

john mccain says it was a great date. manning has accepted responsibility to make you the about the effects of war. check in on u.s. stock market futures this morning. goldman futures up s&p futures of two, nasdaq up seven after falling back yesterday. lauren, that's happening now. lauren: the ford mustang getting a kick in the thunder. the 2018 redesigned mustang. gary casserly has the details. hey, gary. >> lorna nicole, failed on board -- ford unveiled an mystically get our first look at the active ford mustang which is the best-selling sports car in america. there are plenty of changes under the skin including the most powerful five-liter v-8 that's ever put the mustang. new suspension to get a better a smoother ride. technology inside as well. full digital instrument cluster and while this is still very much a drivers car for the first time the mustang has some semi-autonomous or irate including one system between the lines on the highway and another that could spot cars in front of it. if you don't there's also a new smartphone now. start the car remotely, i'm not going in if you forget where you park it, you will find it for you, too. although that s

john. ♪ >> we're just starting? just like this? when you were growing up, you didn't have any money. was money something to thought about? >> people seem to blame goldmanr than anybody else. could this be life-threatening? lloyd: life-threatening, for sure. david: do you think, maybe i should step down as ceo and smell the flowers? >> would you fix your tie, please? david: people would not recognize me if i fixed my tie. let's do it this way. all right. ♪

john cryan is speaking out on u.s. tv, saying he had always thought of the settlement, though at a lower number. in a statement yesterday, this settlement has been a financial strain on the bank. goldmane wednesday session, was the subject of a headline. newspapers indicated an unnamed source, saying goldman could cut up to 50% of its london staff in reaction to brexit. but a goldman spokesman contacted by bloomberg says there has been no such decision. oldman blowing out fourth-quarter earnings. we can see that in recent quarters there have been a big just seared revenue in stock trading and bond or fixed income trading, but in this recent quarter, the bond trading revenue rose 78%. that led to his profit exceeding all expectations. earnings of $5.08 a share be the estimate of $4.82. it nearly quadrupled the profit. and in citigroup's numbers, a similar story, bond trading in a 7.1%.y, up 36%, profit in the bloomberg, you see on the far right-hand side of a big increase in the bond trading revenue, from the prior quarter which had been negative. su keenan, bloomberg news. india, its economy has taken a hit from the prime minister's cash band. the move may pay off in the long run if i

goldman is a great example of that. >> that is the challenge of how you parse that. >> here's mitch mcconnell, of course. some argue, johne most powerful republican in washington. he has seated power momentarily until he decides to pull it back. >> there you see elaine chao as well. >> loses power if he's serving under a president of the other party and then his other party comes in. you're the most powerful member of the party, but when you're guy is you have to take direction from him. so mitch mcconnell, yes, he's got power. he's going to have to figure out how to accommodate democrats. but he's also going to have to learn to take signals from donald trump. and is he going to do that? is he going to try to fight him? same with paul ryan. >> kushner family here. on camera right now. also saw earlier elaine chao that we mentioned. former labor secretary. now she's going to be transportation secretary. a lot of experience in government and certainly married to mitch mcconnell, she knows how things get done and how it all works. >> indeed. running joke in the confirmation hearing for her. speaker ryan of course making his

goldman kick in. >>> okay. tomorrow secretary of state nominee rex tillerson will be on the hot seat as his confirmation hearing begins. joining us now is senator johng on the foreign relations committee. good morning to you. >> good morning. >> help us try to understand what you are going to be trying to understand and seek in terms of information tomorrow during this hearing from mr. tillerson. >> sure. all of us in a bipartisan way want to make sure our country is safe, strong, and secure. foreign relations is such a key part of this, especially over the last eight years where, in my opinion, we're less strong as a nation and less respected around the world. so i believe those are the questions that rex tillerson is going to get from both sides of the aisle. he knows the world, traveled widely, obviously ran a large corporation, and i want to talk to him about the use of leverage to get what we need for a safe and strong america. >> senator, i don't need to tell you, but the headlines on rex tillerson around this confirmation hearing have all been related to his relationship with russia and with putin over the years, along with exxon's huge inves

goldman sachs. good to see you. david: good to see you. erik: your boss was here not long ago so we will try to cover some ground that john and lloyd did note is probably not much to talk about as it concerns to ecb because they left rates unchanged. morepect there will be recent to talk about the ecb later so i will begin with this. the conventional wisdom is that it is going to be great for goldman sachs to have so much of the firm's dna in the white house. the list kind of goes on. is that a safe bet that it is good for goldman sachs? it is i think that terrific to have a bunch of pragmatic business people participate in the process, but all of those people will be focused on their reputations and their business so we see how that balances out. erik: i am not suggesting they will favor goldman sachs, but i do wonder, and one does wonder naturally, if all those who were schooled at the firm in the way that you are and come to understand things through the lens of the firm will do things that are not just good for goldman sachs or will advocate for policies that are not just good for goldman sachs but for the industry from whence they cam

goldman sachs. andoptics of this debate whether or not republicans are being seen as helping and given -- giving a hand to wall street is something that could in the long-term backfire. johnt? a lot of cases were trump wants to deregulate, businesses are probably for it and people don't like red tape. wall street is not super popular. who in the administration becomes the public voice for this as the argument unfolds on the trump side? guest: that's a great question. trump is still filling in a lot of these economic positions, particularly looking at the fed will help to dictate who's taking the lead. most likely, the administration will look to congress for an example on how to move forward with this. isht now, jeb hensarling close to mike pence and was an early supporter of donald trump. he has the legislation ready to go. he's expected to roll out a new version of that in the coming weeks, but quite frankly, it remains to be seen. john: what are the things that could cause this to come undone? the biggest hurdles republicans will have to overcome to enact an unwinding of dodd-frank? guest: the first one that comes to mind is rush holt in the senate. you would need 60 v