john: correct. david: morgannley said we are going to change that, and you became a trader for morgan stanley. john: i became a salesman at morgan stanley. that was what they needed. david: did you want to be in >> -- david: so you did that for a while. did you want to be in management, or did you want to be a trader or salesman? john: i like success. so, i thought the right way to go was managing. and that was what i wanted to do. there is disagreement if i were any good, but i thought i was pretty good at it. david: you rose up and ultimately are offered the position of being the ceo of morgan stanley. john: well, yeah, eventually, but there are a lot of blocks along the way to do. david: all of a sudden, you decided you need to do a merger with dean witter. john: right. david: why did you need to do that? john: well, dean witter was owned by sears, and they had decided to spin it off. morgan stanley got the order from sears to do this transaction, to raise money in an equity transaction, so we met with phil pu

the ban on political robins was imposed in 2016 by then president john morgan. fully his successor, samuel slew hudson lifted the band 2 weeks ago as part of a broader set of reforms, but also warned against violations of law and order. since coming to paula in 2021, she has introduced limited reforms including lifting a band on pregnant girls at central soft school and launching a covey 19 vaccination program. opposition activists expressed relief, but say more reforms are needed. they are calling for a new constitution, but guarantees more political freedoms. really about all what comes on yet. we think the president for the decision to allow political reli so we can exercise our constitutional right. now we expect the police not to cite with the government was on the i see now we need the new constitutional reforms and free and fair elections . the constitution we have now does not favor the political system we have does any is preparing for civic pauls next year, and a general election 2025 opposition parties are promising morales and the monday. but the election laws to guarantee that

john morgan torched washington in a pamphlet published in april 1776. so almost aeabefore washington gives the order, his surgeon general i aounded by washington's decision not to inocat theolers. washington had had the opportunity to do so, morgan thought while soldiers were encamp osideosn, they thought he could have inoculated new recruits at any time. they joined the ay,ut he hadn't. morgan thought that he had squandered time. general gage, the british general, had inoculations to take place of his soldiers and of the civilians in boston. but washington didn't do the same, despite knowing that that's what the british were doing. at the same time, morgan wrote a couple of good quotes here. morgan wrote next to lug jury ambition and the pride o kings. thispprs to be the severe a scourge that ever afflicted the unhay ce of man. and he wrote to specifically aimed at washington to forbid inoculation when thus circumstance is a greater violation of the natural rights of mankind to achieve self-preservation. he goes on to write in that little ellipses ther

straight was a union raider, sort of like john morgan. if anybody knows that name, the legendary confederate straight would would attack supply areas, train stations, railways. so confederates hated straight. they caught him. so he was a very high profile prisoner. he was in a dungeon in solitary. so they had to confide in him because he could see what they were doing. so he from cell he helped them to escape. colonel frederick bartel said he had lost an arm continued to fight. he couldn't escape because of the one arm. he couldn't climb down into the dungeon and help dig. but he wrote he was a poet and he wrote ptry and wrote lovely letters to every all the prisons. why daughters, mothers, girlfriends and helped everybody deal with it through h poetry, corcovado was from cuba. he was so livid with the idea of of slavery that he saw it as similar to what the spanish was doing to the cuban people. so he joined and fought for the union he was a balloon spy, i guess you could say he would float over the battlefield in a balloon and using sem

john feel. -- faced injury and illness. also, nikita morgan not identified until 20 years later. >> john, let me start with you. what is your reaction to santos lying on 9/11? we've >> got a lot to unpack here, right? he's the forrest gump of -- the whole pulse nightclub, veterans dog, 9/11. is nothing sacred to this man? to every organization, every group, every background that he has hurt, he did it maliciously for self gain. and it's repugnant, it's repulsive. it's vial vile. >> it wasn't just lying to be a fabulist -- . >>, -- -- , -- listen, i know this is a cable show. and i can get colorful. by do not want to start using four letter words about this man. i'm disgusted. and i probably had about 300 a 400 text messages and emails today, most of them were from widows. one thing i learned about 18 years ago in the 9/11 community, you don't kick off a 9/11 widow. these women, who are generally peaceful, they want blood. we want to be left alone. we are a finite number in the 9/11 community. we are getting smaller. you lose somebody, on avera

. ♪ >> this is bloomberg mar'm kriti gupta alongside john, it is been a big day for big american banks. jp morganbank of -- bank of america, citigroup, wells fargo all have earnings that beat forecast. joining us is the director of research at argus and bloomberg intelligence in your bank analyst. , start with you and talk about whether or not this is fair to say where the rubber meets the road. a lot of the margin pressures that the banks were talking about our kind of priced in. what do you think? guest: i think the banks did ella tilly well this quarter against expect -- relatively well this quarter against expectations. the loan loss provision area we expected a bit lower. banks are being cautious and reserving a bit higher, some banks going as far as saying, citigroup for example, they expect a recession later in the year. the other thing was some wide swings in the revenue components. 30% increase in the net interest income at j.p. morgan. 60% drop in investment banking revenues at citigroup. the big swings in the last year, this quarter they took credit loss reversals. this time of provisi

john, we're getting more earnings early next week, we'll get goldman sachs, morgan stanley, united airlines in the week ahead and then it's pretty much off to the races for the s&p 500 reporting their fourth quarter. what kind of fourth quarter are you expecting? >> well, we've gotten quite a start today haven't we, maria, with all the big news. we're looking for about 3 or 4% decline in fourth quarter earnings is the initial forecast but what i find comforting is that the market or companies typically beat by 3 or 4% so we could see a flat earnings but today's a really important day because beats are nice but i think it's more important to look at the overall trend and if you're seeing provisions escalate and you want to get a better handle on -- it's a little early, i haven't looked at all the data yet, i want to get a better handle on loan growth. that really gives an indication. jamie dimon was saying the economy was going to be less bad if you will than the original prognostication, i think the provisions really are the tell for what the banks think about the economy going forward. so

says you either find it inside you or somewhere really close our porch, morgan says sacred johnny about to one's self. so i see the john of spiritual growth. but i think he washer whichever you ever had some revelations or what you felt like a miracle, anger journeys that he couldn't explain from a materialistic, clear point. as, as i know, i've had some insights into the simple truth year that there's nothing more important than family. for example, no de la d to devote most of your time to your loved ones. you the and every journey is away . hell, a put on my way home. you're right. so ash was now your period one, sir craig, i actually rode all the way to the north pole by on my fat bike up before that sir . i've been seeing people and in nordic countries riding their bikes on the snow there, i said, i wandered before the water. i took a fed bike to my upcoming expedition to the north bowl. could they so i rode my bike there and as i was riding alone through the arctics, which ingeniously missed something changed in me by me, we all leave with endless background noise her even if you are home, you sheer clock stickin

morgan and henry luce of time magazine sort of wrote glowingly about him. at the time. john foster dulles, representing people connected to sullivan cromwell, law firm. he broke into a large bond sale internationally for the german nazi regime under adolf hitler, which helps germany to rearm. and the idea was that this was a, a bulwark against the russians over communism. and the u. s. it was the u. s. that was in standard oil that was selling all the oil to the japanese when they were sweeping across, you know, up through, up to the point where they invaded fridge into china. so they were fueling these japanese wars in china, especially. so we supported and then, and then we, we turn against them to basically take over the fascist parts of the, of the global empire and really make japan and germany into satellites and so on. but we scoop up a lot of these nazi's and 1000 but era here and i thought it was about democracy. sorry, i didn't know this here. ok, i, it's all about democracy versus a talk chrissy. that's what we're all told here. no. and we both of my guess here ar

john, thank you for that. will northbound 101, north of cochran road in morgan hill. i'm tracking in accident down there. >> however, you see our other highways in the south bay and in the north bay. so 101, 2, 80 17. 85 not seen any major issues or delays there. so traffic is still moving pretty light. there is a 20 minute systemwide bar delay the put that in place because of the wet slick conditions. they want you to be safe, ok, 18 minutes maze to that fremont street exit meter lights are on to traffic's building at the bay bridge. our san mateo bridge, 80 to 1, 0, one, 15 minute heading across towards the peninsula. if you're traveling along a highway still pretty green right now, crockett down towards the mays. 17 minutes of your taken. 24 walnut creek down to 5.80, around 14 minutes traveling through 6.80, walnut creek martinez. there. traffic's moving at the limit. a little slow in walnut creek, not much sally down towards milpitas. about 25 minutes 6.80, through san ramon hayward. if you're traveling along 5.80, to 2.38, you see things start to delay here and

contain his anger. focus tara morgan for patrick will always fun to war magnum, couldn't i, losing the memory to walk of seneca currently? jay, i'm good at golden corral, john and doug in little containers. i don't one day tom did. if i could pursue causing what he got so much, people are nowhere. in 2012, he started to learn protest in front of the national assembly and wrote and illustrated a book about his time at the brothers home. capturing the media is a nation's attention. and over to coaching one? no. well, oh yeah. the citizen could or couldn't uterus from new york to work on ecology so cool. are you got alter to the, are you going to come in pinch mcdonald was the one with all which music fellow survivor choice on. woo hoo. together with his younger brother spent 5 years of his childhood dropped the brothers home. join hands, fight for justice, hook up, issue command on this one. okay. then, right. oh no, no one is on the thought. percy pensions on could you can mo, totaled it on. finally, in november, 2018 came powerful support. the countries then prosecuted general moon move ill, making a tier full apology to victims here pier period started. is

morgan easier mommy? time as a mock all mobile shock and little utility union down got united for shock who was competitive, so called did you want him when you were quoted before guard john did somebody, michael? what year? the design g. it's on the corner cause i will not support him a wanda, it will if i heard you know, liza more you look what it on you know what you want to get to where the journalism is. portal, you wonder how many football basketball for the board of the he look at? wouldn't it a wonderful job with them you can reach out for cocaine. she'll show them the competency in case she interviewer civil. yep. yeah. he looks like on movies im hardy's no vertical model . what was it for him or not yet? okay. and then what, what is the one ah, ah, african stories from african perspectives isn't well yet. i suppose i will keep me short documentary from african filmmakers from miami and synagogue for you. she is. you're gonna download version to rick mama, elizabeth now cuz she the mushroom, the adventures off of a car and led to africa direct on al jazeera, the latest news, as it breaks. also narrow supporters across the country. they don't take to the street un

morgan. i waited for pull back but i think this is a total winner let's go to john in ohio, john >> caller: jim: thanks. love your show. >> thank you. >> caller: i'm a long term investor and calling about virgin ga lactic no doubt significant customer backlog and 22% of the shares are shorted and some long term looking at this, is virgin galactic -- >> john, as i listen to you say it, i kind of never thought i'd say this as a spac that sounds good got some customers there could be a squeeze going there. i don't encourage short squeezes but you may have a winner. mandy? >> caller: hi -- >> you're up how are you doing, mandy >> caller: i'm doing well. how are you? >> i'm doing well. thank you for asking >> caller: thank you for taking my call. >> of course. >> caller: shoutout to you and your crew. >> all right >> c >> caller: my grandson and i love your show big fan. >> tell him thank you. >> caller: thank you i'm thinking of taking bhp or do you think it's better -- >> look, why don't we wait until after tomorrow bad numbers tonight and people will associate that with bhp good to got caught up

also, nikia morgan, whose mom died on 9/11 and whose remains were not identified until 20 years later. john to santos lying about 9/11? >> i mean we got a lot to unpack here, right? he is the forrest gump of common. i mean, the holocaust, pulse nightclub, veteran's dogs, 9/11, there is nothing sacred to this man. and for every organization, every group, every background that he's hurt, he did it maliciously for self-gain. it's repugnant. it's repulsive. it's vile. this doesn't end well for him. >> it wasn't just lying to be a fabulist. it's lying to help your political career or lying to make money allegedly from a gofundme page. >> to capitalize on other people's pain, whether it's for political gain or financial gain, to continue to throughout his adult life, i don't have -- listen, i know this is a cable show, and i can get colorful, but i do not want to start using four-letter words about this man. i'm disgusted. and, you know, i probably had about 300, 400 text messages and emails today. most of them were from widows. one thing i learned about 18 years ago in the 9/11 community, you do

morgan stanley reporting earnings today. look for a restructuring announcement within goldman's earnings. finally, fed speak 8:00 p.m. u.k. time. john williams will be speaking at an event hosted by the bank. coming up on this program, decision date for the boj tomorrow. how do you position for it? we will discuss that next. this is bloomberg. ♪ dani: it may be almost a day away but it is all this market can care about and pay attention to. it's the boj decision tomorrow. will there be a change on white? reporter valerie tate tell is here with the chart. valerie, what has cello -- changed since last months policy might give us clues for tomorrow? >> bond market functioning has deteriorated since last boj meeting which is here in the redline. you can see the bond market conditions have deteriorated meaning the line has moved higher. why am i putting this out? because governor kuroda's key reason why he claimed he was whitening ycc bands to begin with was to improve market functioning. we have seen market conditions worsening. does that pose a question that maybe he could step further with bolder action in tomorrow's meeting? dani: va

john logan, he is the senior caucus islander. he's taken over from mcpherson and has ridden away from that part of the field. so morgan al smith is now new corps commander joseph andrew jackson, lt was the brigade commander. he's the new division commander. well, as has jones, the 53rd ohio, who doesn't even know this is a regimental that now is control of the brigade. all that happened within 20 minutes of the attack. these men have not used to being able to handle these new duties that quickly. and because of that, since the first time you're going to see this corps routed. and here's hood with a new battle plan. he's not routing the force northward, but he can destroy, completely destroy army. the tennessee by sending all these troops eastward. all right. and the moment that's above the august, the troops herd house near the georgia railroad and you see digresses is for 20 pounder parrots and there's six more guns of the battery. a battery of ten pounder parts. all those guns are captured. here's an image from the cyclorama fire showing the troop herd house and showing the confederates around those guns. all right.

morgan stanley. >> one of the reasons this is so interesting is that there is a cfo role. over at alphabet, you long watch johno see what his next move would be. >> mark mason and jane fraser at citigroup it is this from another place? >> they move together. mark mason and jane fraser are the left-hand in the right hand. so, --. >> she speaks to him on a daily basis. >> i like to sit outside in camp outside of the feds. but the reality is that they are close to jane in a very important part of her turnaround story, whether the -- whereas john grew send is not. the succession plan is thick and if you were to go into something like private equity, with a place like carlisle, where the politics are very very very challenging. to have a cfo and ceo type two smooth that over makes a lot of sense. >> stay close. we'll break those numbers when they came out. winning for bank of america and j.p. morgan and that 60 miss. we are here with our next guest. what are you looking at for bank of america? wes what we are looking at for bank of america and its peers are a very strong topline revenue growth that comes from inter