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Mar 6, 2014
03/14
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since santos was 19 and sarah johnson was 16, the johnsons repeatedly warned santos not to see theiraughter again, but santos refused. >> to try to rule bruno in or out, we tested almost every piece of clothing that he was wearing that day and the following day when we arrested him. >> we never found his dna, fingerprints or anything in the crime scene and any of alan or diane's blood or dna on any of his clothing. >> so, bruno santos was eliminated as a suspect. with no other possibilities, authorities then began to focus on the johnsons' daughter, sarah. >> no more what? >> kids. >> no more kids? >> no more! >> they learned that sarah was taking antidepressants and had a stormy relationship with her mother. sarah's relatives thought she was being a normal teenager pushing against authority, until they noticed her unusual behavior after the murders. >> she did not seem to be going through any sort of grief at all. she was not concerned at all about losing her mom and dad. she wanted to see her friends, she wanted to get her nails done. i mean, it was just really bizarre. >> this led
since santos was 19 and sarah johnson was 16, the johnsons repeatedly warned santos not to see theiraughter again, but santos refused. >> to try to rule bruno in or out, we tested almost every piece of clothing that he was wearing that day and the following day when we arrested him. >> we never found his dna, fingerprints or anything in the crime scene and any of alan or diane's blood or dna on any of his clothing. >> so, bruno santos was eliminated as a suspect. with no other...
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Mar 8, 2014
03/14
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WUSA
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three on the way is off the mark and johnson skies for the rebound. turnaround by johnson is short. right to ben carter. >> doug: nick johnson is trying to do too much. trying to take over this game. you've got to take good shots. >> andrew: loyd for the tie. you bet. the captioning on this program is provided as an independent service of captionmax, which is solely responsible for the accurate and complete transcription of program content. cbs, its parent and affiliated companies, and their respective agents and divisions, are not responsible for the accuracy, or completeness of any transcription, or for any errors in transcription. there's this kid. coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. closed captioning provided by cb
three on the way is off the mark and johnson skies for the rebound. turnaround by johnson is short. right to ben carter. >> doug: nick johnson is trying to do too much. trying to take over this game. you've got to take good shots. >> andrew: loyd for the tie. you bet. the captioning on this program is provided as an independent service of captionmax, which is solely responsible for the accurate and complete transcription of program content. cbs, its parent and affiliated companies,...
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Mar 30, 2014
03/14
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captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations >> osgood: good morning, i'm charles osgood this is "sunday morning." 46 years ago tomorrow millions of americans heard a stunning televised announcement of president lyndon baines johnson, lbj, entangled that he was not running for another term the 1968 presidential election. how did ballots against his controversial war is a debate that has raged ever since. as the story goes, another familiar tv star is playing him on stage. david martin has reserved us a seat. >> what the hell is the point of being president if you can't do what is right. >> the president is lyndon baines johnson as played by brian cranston. >> you see him as heroic figure? >> he went against the norm in a time in the early '60s when he just as easily could have just let it be the status quo. >> ahead on sundae morning, the try you have and tragedy of an merge president. >> osgood: the phrase "writing on the wall e. comes from the book of daniel and refers to proxy. unless it's referred
captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations >> osgood: good morning, i'm charles osgood this is "sunday morning." 46 years ago tomorrow millions of americans heard a stunning televised announcement of president lyndon baines johnson, lbj, entangled that he was not running for another term the 1968 presidential election. how did ballots against his controversial war is a debate that has...
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Mar 27, 2014
03/14
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CNBC
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we have senator johnson, and we bring in bob lutz.hey'll talk about tax reform, exactly the topics that jim cramer was discussing, let business breathe. let business breathe. let the market work, and please stay with us this evening. we'll be right back. >>> hi, larry. i have absolutely loved our amazing bull/bear conversations over the last year. you're one of the great. a true privilege and honor to work with you. wish you all the best. i know we'll have great conversations in the future, and honestly it just means the world to me to have been part of the show with you for the last year. thank you. >>> larry kudlow, my dear friend, my sources are telling me that these last ten years of our conversation are just the beginni beginning. i've enjoyed every moment, especially coming to your television show. and i hope and continue our conversations on air, on radio, and everywhere. again, larry, my sources promise me you'll be with me for a long, long time, and i with you. e, an. announcer: where can an investor be a name and not a numbe
we have senator johnson, and we bring in bob lutz.hey'll talk about tax reform, exactly the topics that jim cramer was discussing, let business breathe. let business breathe. let the market work, and please stay with us this evening. we'll be right back. >>> hi, larry. i have absolutely loved our amazing bull/bear conversations over the last year. you're one of the great. a true privilege and honor to work with you. wish you all the best. i know we'll have great conversations in the...
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1.1K
Mar 25, 2014
03/14
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COM
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, his johnson's johnson. and apparently it was aptly named. >> stephen: really? >> yeah. >> stephen: could he pick up peanuts with it. not enough-- not enough presidents talk about their balls. >> no, i know, i know. >> stephen: this guy literally would grab his nut sack when he was eating. >> he would grab his nut sack, take a crap in front of people. we bring them from the oval office into the private bathroom, drop his drawers and take a crap. >> stephen: do you think obama could get more legislation passed if he would just drop it in front of boehner. just pinched one off. >> that's got to be the title of one of his memoirs, dropping a deuce in front of boehner. >> stephen: why did johnson care some of. the play takes place from 1963, november of '63 after the assassination of president kennedy to november of '64 when johnson is re-elected, spoiler alert. and it's really about him driving through the civil rights legislation. why did it matter to him? he's a guy from texas which is not a great state for c
, his johnson's johnson. and apparently it was aptly named. >> stephen: really? >> yeah. >> stephen: could he pick up peanuts with it. not enough-- not enough presidents talk about their balls. >> no, i know, i know. >> stephen: this guy literally would grab his nut sack when he was eating. >> he would grab his nut sack, take a crap in front of people. we bring them from the oval office into the private bathroom, drop his drawers and take a crap. >>...
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Mar 30, 2014
03/14
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KTVU
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jimmie johnson had never lost a race after leading more than 271 laps.e led 296 today but lost out to kurt busch and company. pick a work site, any worksite, and look over the fence. ta da! your next truck: ford f-150. the truck that's number one in the hardest-working industries. maybe 'cuz its got the power and the fuel economy of an ecoboost engine. it doesn't matter what they're doin' on the other side of that fence. more guys count on f-150 than any other truck. shovels down. this is the ford f-150. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? i have a big meeting when we land, but i am so stuffed up, i can't rest. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms,
jimmie johnson had never lost a race after leading more than 271 laps.e led 296 today but lost out to kurt busch and company. pick a work site, any worksite, and look over the fence. ta da! your next truck: ford f-150. the truck that's number one in the hardest-working industries. maybe 'cuz its got the power and the fuel economy of an ecoboost engine. it doesn't matter what they're doin' on the other side of that fence. more guys count on f-150 than any other truck. shovels down. this is the...
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Mar 15, 2014
03/14
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BLOOMBERG
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someone like don johnson. don is a whale meaning he risks millions at the casinos and makes millions too. he is a legendary gambler. he won $15 million in one streak from some of the biggest casinos brands in the business. his game is blackjack. he hits the casinos when they can least afford it. when he walks into a club, dancers show off his initials, and celebrities pay their respects. the scene is all engineered by the casinos because they want to win his money. i want don to show me how he beats the casinos at their own game. hi. >> hi, trish. >> so nice to meet you. my guide treats the casino like a battlefield. he studies the industry, its strengths, and its shortcomings. to know las vegas, he says, you have to start at the beginning. where are we heading right now? >> where all of vegas started. >> you come here and gamble? >> more to just play around and have fun. i come down here because it is nostalgic. >> gamblers often learn to play here because the bets are low and it is relaxed, friendly. the fir
someone like don johnson. don is a whale meaning he risks millions at the casinos and makes millions too. he is a legendary gambler. he won $15 million in one streak from some of the biggest casinos brands in the business. his game is blackjack. he hits the casinos when they can least afford it. when he walks into a club, dancers show off his initials, and celebrities pay their respects. the scene is all engineered by the casinos because they want to win his money. i want don to show me how he...
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Mar 11, 2014
03/14
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CNNW
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bar in the northern california town of guerneville was becoming a hangout for 32-year-old michelle johnson. the one-time aspiring model had fallen on tough times. after the breakup of her ten-year marriage, michelle and her two young children were forced to live with her parents, and that wasn't working out. >> there was some strain between michelle and her mom and the stepfather, paul. they didn't see eye to eye on a lot of things. >> so, michelle moved out and got her own apartment. to celebrate, michelle went to the bull pen bar, where she was supposed to meet her friends. michelle stayed for about 25 minutes, talked briefly to some bar patrons, and had three drinks. >> we could see that she seemed to be acting appropriately, she seemed to be having a good time. >> then she left by herself at 12:54 a.m. michelle's friends who were in michelle's apartment building left to meet her at the bar. but as they walked outside, they saw something unusual. it was a red pickup truck with a woman in the back of the truck flailing her arms. >> all we knew was there was a woman who was in distress in
bar in the northern california town of guerneville was becoming a hangout for 32-year-old michelle johnson. the one-time aspiring model had fallen on tough times. after the breakup of her ten-year marriage, michelle and her two young children were forced to live with her parents, and that wasn't working out. >> there was some strain between michelle and her mom and the stepfather, paul. they didn't see eye to eye on a lot of things. >> so, michelle moved out and got her own...
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Mar 27, 2014
03/14
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johnson always thought he had a brief time here on earth.had better take advantage of it. >> civil rights, voting rights, poverty. all kinds of social wealth for -- social welfare. >> he remembered his background. your member what it was like. he was something special. think, why was it he couldn't get his arms around vietnam? he had memberss , johnson wasara always the smartest man he'd ever known. mcnamara was wrong on that war. johnson was wrong on that war. >> i love the thing that jim wright supposedly said. i don't know the next president will be, but i know who his best friend is going to be. bob strauss. he said that not about jimmy carter, but about somebody else. what is it about you that powerful men are attracted to? toi don't have any desire run for public office. i was nonthreatening. i had a reputation as being loyal. of goodreputation judgment. >> judgment is what it is about. wax that is the main thing. >> somebody you can trust. , somebody that has good judgment. >> and not in it just for himself. the country is good, and t
johnson always thought he had a brief time here on earth.had better take advantage of it. >> civil rights, voting rights, poverty. all kinds of social wealth for -- social welfare. >> he remembered his background. your member what it was like. he was something special. think, why was it he couldn't get his arms around vietnam? he had memberss , johnson wasara always the smartest man he'd ever known. mcnamara was wrong on that war. johnson was wrong on that war. >> i love the...
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Mar 27, 2014
03/14
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president johnson is on the phone. say to her, i'm not going to let that guy intimidate me again. i get on the phone, and sure enough johnson would take over. he knew had my number. >> did anybody else have your number? >> no. he did. >> what was it about him? >> he was an intimidating fellow. he knew how to intimidate you. he like to intimidate you. >> they always say the johnson treatment new the weak spots. he could find it. he could push it. >> he knew that i was intimidated. he never failed to take advantage of it when he could. i liked him a lot. he wasn't the most likable man in the world. >> you can get that from the phone conversations. >> oh yes. >> you just see it coming out. the charm. he exercised power as well as anybody. >> as effectively as anyone. he did it for the right reasons, most of the time. he did it to move programs. watching it up close as i was privileged to do, he was a master. he was determined to get those programs done. johnson always thought he had a brief time here on earth. he had bett
president johnson is on the phone. say to her, i'm not going to let that guy intimidate me again. i get on the phone, and sure enough johnson would take over. he knew had my number. >> did anybody else have your number? >> no. he did. >> what was it about him? >> he was an intimidating fellow. he knew how to intimidate you. he like to intimidate you. >> they always say the johnson treatment new the weak spots. he could find it. he could push it. >> he knew...
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Mar 6, 2014
03/14
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adam johnson is killing me this morning. with me isene and scarlet fu and adam johnson.s a michael fertik, ceo of reputation.com. >> we have a lot of news. factory orders and germany are bouncing back. that is after a drop back in december. the gain also tops estimates. economists had been looking for .09% gain. in u.k., gold prices are accelerating. they jumped to an average of $301,000. this is according to lloyds bank. the rise is the largest monthly gain since may 2009. it is also a 10% jump over one year ago. and the israeli prime minister says that he can help california with the drought. they signed a deal to ease the state water shortage. desert and has used irrigation techniques to provide water to its population. that is coming together. fascinating. >> new research out. about who stereotypes telework and works from home. or from a local starbucks. according to a new study, three out of four are men. they are not working mothers or millenials. kelly is the ceo of a flex strategy group. she joins us. why are these remote workers so overwhelmingly men? >> the mos
adam johnson is killing me this morning. with me isene and scarlet fu and adam johnson.s a michael fertik, ceo of reputation.com. >> we have a lot of news. factory orders and germany are bouncing back. that is after a drop back in december. the gain also tops estimates. economists had been looking for .09% gain. in u.k., gold prices are accelerating. they jumped to an average of $301,000. this is according to lloyds bank. the rise is the largest monthly gain since may 2009. it is also a...
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Mar 10, 2014
03/14
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. >> the next suspect was bob johnson, a roofing contractor. darrell fired johnson just two weeks before his murder. >> he was upset that he wasn't going to continue to work there because according to him, darrell had promised him continued work. >> darrell's family never met johnson. but they had heard of him. >> darrell had mentioned that he had had some problems with him. he usually didn't bring his problems home, and so since it was something that he had shared with me, i thought it was probably serious. >> incredibly, just two days after darrell's murder, johnson called asking to get his job back. >> the superintendent felt like it was odd that bob johnson was calling there, when can i come to work, after the fact, after darrell's been murdered, because his belief was that darrell didn't want him there. >> johnson said that on the day of the murder, he was with his child in a dallas hospital. this was verified. but he still had time to commit the murder. >> the alibi wasn't sufficient enough, in my mind, to totally exclude him. >> but like
. >> the next suspect was bob johnson, a roofing contractor. darrell fired johnson just two weeks before his murder. >> he was upset that he wasn't going to continue to work there because according to him, darrell had promised him continued work. >> darrell's family never met johnson. but they had heard of him. >> darrell had mentioned that he had had some problems with him. he usually didn't bring his problems home, and so since it was something that he had shared with...
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Mar 6, 2014
03/14
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Mar 3, 2014
03/14
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joining me is scarlet fu and cory johnson. russia, theyrom raised their key interest rates in response to the ruble falling. bps, up to seven percent. an eight month low. >> that's a big move. china pmi, u.k. mortgage approvals, personal income and spending and i is a manufacturing -- we will see that later today. ism manufacturing. let's look at a data check. futures are -18. all10 year yield has been over the place which is a good barometer of linking the ukraine to the market with equities and bonds. nymex crude and brent are elevated. on to the next screen -- the vxx 14 and the ruble 36.49 and brent crude again. that is the big change from friday. oil is really on the move. to see somearting response in the market from the tension in ukraine. f everyone ignored it last week. >> if you look at the front page, it is more focused. >> it has to do with the ukraine. both the financial times" calls it the russian creeping invasion. they received permission from the russian parliament to send troops there. there has been no publi
joining me is scarlet fu and cory johnson. russia, theyrom raised their key interest rates in response to the ruble falling. bps, up to seven percent. an eight month low. >> that's a big move. china pmi, u.k. mortgage approvals, personal income and spending and i is a manufacturing -- we will see that later today. ism manufacturing. let's look at a data check. futures are -18. all10 year yield has been over the place which is a good barometer of linking the ukraine to the market with...
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Mar 3, 2014
03/14
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CNNW
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>> police conducted extensive interviews with sherry's friend, kevin johnson. he insisted he had nothing to do with her disappearance. >> he was later able to provide some information what he was doing on the day she was reported missing. >> sherry's co-workers told them about a comment she made the day before she disappeared. >> she said if anything happens to me, my life is in my desk. and in her desk, among other things, was a long letter, a draft of a letter, she had written to her husband in an effort to try to explain why she felt it necessary to leave him. >> my spirit is crushed. i feel that you were too controlling and obsessive and jealous, and i just can't live with those personality traits anymore. i can't go on pretending that there's nothing wrong. i'm unbearably unhappy. the bottom line is i don't love you enough to stay married. >> also in her desk were books about divorce. >> she was planning the separation and she had saved up some money and she had spoke to a couple of lawyers to get some advice. she was making her plans to move on to her new
>> police conducted extensive interviews with sherry's friend, kevin johnson. he insisted he had nothing to do with her disappearance. >> he was later able to provide some information what he was doing on the day she was reported missing. >> sherry's co-workers told them about a comment she made the day before she disappeared. >> she said if anything happens to me, my life is in my desk. and in her desk, among other things, was a long letter, a draft of a letter, she had...
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Mar 19, 2014
03/14
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BLOOMBERG
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we have much more from guy johnson. he will speak to boris johnson's advisor.ntime, here's a company on the move. could go to -- and offer is known as ivr asked. it is part of the investment bank. toshiba plans to sign a partnership. it will manufacture lighting fixtures in europe. one of thebecoming biggest suppliers of leds. -- is poised to score a gain on investment on can be crushed. crush.y they could be worth more than $3.5 billion. that theile says iphone subsidies and regulations are ahead of earnings reports tomorrow. hans nichols breaks down the challenges for the biggest carrier. is that all that is happening? >> no. francine, this is the flip side to the success story of companies like alibaba. for consumers out there in china that need to run this, they need a better network. china mobile has 772 million subscribers and they have a massive network. you have factors that they mention that could cost cut into profits by $1.85 billion. take a look at the income and messaging services. they are buying iphones at subsidized rates and there will be a new
we have much more from guy johnson. he will speak to boris johnson's advisor.ntime, here's a company on the move. could go to -- and offer is known as ivr asked. it is part of the investment bank. toshiba plans to sign a partnership. it will manufacture lighting fixtures in europe. one of thebecoming biggest suppliers of leds. -- is poised to score a gain on investment on can be crushed. crush.y they could be worth more than $3.5 billion. that theile says iphone subsidies and regulations are...
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Mar 25, 2014
03/14
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BLOOMBERG
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eye 73
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i'm adam johnson. here's what we have today. the ceo sees only one way out of this battle of broadcasters -- winning. gm's road bump is getting bigger. the carmaker slammed with some lawsuits following that massive recall. a wage war in nation. two sides of the wage debate. we will duke it out right here. one of the world's toughest sailing races. virtual reality. is it finally here? we will take a look at the oculus rift. we're kicking off with what everyone is talking about. it looks like someone is not invited to the party. >> the big industrial nations essentially kick russia out of the g8. it is the g7. they won't be attending the g-8 meeting in sochi. >> so the group of seven industrialized nations, the u.s., canada, france, germany, italy, japan and britain are all coming together. they came together in the netherlands. they said in a statement, they won't go to russia's g8 gathering in sochi. instead, they will throw a party of their own in brussels. they look so happy around the table. >> we are very much in favor of di
i'm adam johnson. here's what we have today. the ceo sees only one way out of this battle of broadcasters -- winning. gm's road bump is getting bigger. the carmaker slammed with some lawsuits following that massive recall. a wage war in nation. two sides of the wage debate. we will duke it out right here. one of the world's toughest sailing races. virtual reality. is it finally here? we will take a look at the oculus rift. we're kicking off with what everyone is talking about. it looks like...
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Mar 6, 2014
03/14
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CSPAN
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johnson of georgia. the chair: pursuant to house resolution 501, the gentleman from georgia, mr. johnson, and a member opposed, each will control five minutes. the chair recognizes the gentleman from georgia. mr. johnson: thank you, mr. speaker. i thank the rules committee for making my amendment in order and urge my colleagues to support my commonsense amendment to protect the right of the public to comment on federal projects under the nepa review process. the purpose of my amendment is simple. it protects the right of the public to comment. this amendment would ensure that h.r. 2641, the so-called rapid act of 2013, does not restrict the right of any member of the public to comment on construction projects that may have an environmental impact. like the administration and more than 20 well respected environmental groups, i oppose the rapid act. this bill threatens public health and safety by putting a thumb on the scales in favor of private sector businesses in the project approval process. it is yet
johnson of georgia. the chair: pursuant to house resolution 501, the gentleman from georgia, mr. johnson, and a member opposed, each will control five minutes. the chair recognizes the gentleman from georgia. mr. johnson: thank you, mr. speaker. i thank the rules committee for making my amendment in order and urge my colleagues to support my commonsense amendment to protect the right of the public to comment on federal projects under the nepa review process. the purpose of my amendment is...
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Mar 26, 2014
03/14
by
KQED
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eye 133
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i get on the phone and sure enough johnson would take over. he had my number. >> rose: do you know anybody else that had your number. >> no, not like, no. i really hadn't suffered that much. but he damn sure did when i was around him. >> rose: what was it about him. >> he was intimidating fellow. >> rose: first of all he's large in size. >> yes. and he knew how to intimidate you and he liked it. >> rose: he always said the johnson treatment knew the weak spot. >> yes. >> rose: he could find it and he could push it. >> he knew i was intimidated by him and he never failed to take advantage of it when he could. and he rather liked me and i looked him a lot. he was many the most likeable man in the world or the most charming. >> rose: you had some telephone conversations -- >> oh yes. >> rose: between president johnson and the first lady -- >> yes. >> rose: he exercised power as well as anybody this town has ever seen. >> certainly effectively as anyone. he did it for the right reasons most of the time. he did it to move his programs and move kenn
i get on the phone and sure enough johnson would take over. he had my number. >> rose: do you know anybody else that had your number. >> no, not like, no. i really hadn't suffered that much. but he damn sure did when i was around him. >> rose: what was it about him. >> he was intimidating fellow. >> rose: first of all he's large in size. >> yes. and he knew how to intimidate you and he liked it. >> rose: he always said the johnson treatment knew the...
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Mar 5, 2014
03/14
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cory johnson and scarlet fu. i am tom keene.ay for the affordable health care act, obamacare, offering health plans that don't meet the requirements the affordable care act for another two years. the change will avoid another wave of policy cancellations at least for two years. china says it will declare war on smog. the country's premier said pollution is a warning sign of "an efficient and blind development." he outlined plans to remove high emission cars and close coal-fired furnaces. the recent frigid weather on the east coast will be to the highest electricity prices in six years. some parts of the years, wholesale power in new england trading 20% higher than last year. levels not seen since 2008. those are your top headlines. >> time for our frigid single best chart. >> we stick with the weather seen. it takes a look at the number of alpine skiers, basic downhill skiing, and how it has been declining over the past five years. fallen from over 11 million to just over 8 million. what is on the rise is what cory johnson does,
cory johnson and scarlet fu. i am tom keene.ay for the affordable health care act, obamacare, offering health plans that don't meet the requirements the affordable care act for another two years. the change will avoid another wave of policy cancellations at least for two years. china says it will declare war on smog. the country's premier said pollution is a warning sign of "an efficient and blind development." he outlined plans to remove high emission cars and close coal-fired...
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Mar 14, 2014
03/14
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joining me, scarlet fu and adam johnson. we have important breaking news from malaysia airlines. >> malaysia looking at the possibility of pilot and crew involvement. the defense minister in the news conference also said he can't affirm that there is no hijacking as well -- involved as well. >> we will come back to this in a moment. let's look at the morning brief. >> overnight, indian wholesale to a inflation eased nine-month low in january. in the u.s. we are adding consumer price index and then the university of michigan confidence number. how are we all feeling? lines and then something to note, secretary of state john kerry arrived in london. he will be meeting with his russian counterpart, foreign minister sergei lavrov. as you know, there will be this vote on whether or not crimea will secede on sunday. >> we had a couple of days of good feeling and it reverses as we go into a nervous weekend. futures go up, but look at the 10-year yield, down to 2.78ish and a lower yields and higher price. the euro comes back, 1.3888
joining me, scarlet fu and adam johnson. we have important breaking news from malaysia airlines. >> malaysia looking at the possibility of pilot and crew involvement. the defense minister in the news conference also said he can't affirm that there is no hijacking as well -- involved as well. >> we will come back to this in a moment. let's look at the morning brief. >> overnight, indian wholesale to a inflation eased nine-month low in january. in the u.s. we are adding consumer...
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Mar 8, 2014
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i am adam johnson.lackberry's john chen faces a tough road as he tries to turn around the phone maker. he spoke with jon erlichman yesterday. starting with blackberry's mobile device management. >> is very commoditized. the real competition is to offer the enterprise customers a lot more than mdm. the enterprise mobile platform, whether you build and manage applications, identity management. our bbm as a messaging layer. this is important stuff. the competition is on. there is a huge amount of market potential. >> this company changed its name from research in motion to blackberry last year. looking back, do you think that is the right name. to have the corporate name blackberry. >> hard for me to comment on whether that is a good or bad thing. not being there to see the pros and cons. i like research and motion better. maybe because i grew up with a pager with a keyword. the name is interesting. this is a joke. i will share a joke. i always tell people if my kid is not doing well in school, i will name
i am adam johnson.lackberry's john chen faces a tough road as he tries to turn around the phone maker. he spoke with jon erlichman yesterday. starting with blackberry's mobile device management. >> is very commoditized. the real competition is to offer the enterprise customers a lot more than mdm. the enterprise mobile platform, whether you build and manage applications, identity management. our bbm as a messaging layer. this is important stuff. the competition is on. there is a huge...
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Mar 31, 2014
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johnson & johnson accepting a $4 billion offer from carlisle, accepting a $4 billion offer.g premarket? >> only 600 shares, the minimus, up a little bit. roll is nice to see them that out carlisle. >> especially towards the middle of the year. stephen roach is with us. he got off the plane last night and made it straight to set. >> i would do anything for you, tom. >> talk about what you saw there. all of the spheres, discussions of a hard landing for china. is that what you saw when you were there russian mark >> not at all. in the west we are one-dimensional in the way that we look at china. china is fixated on reform. that is objective number one. and it is a big deal. >> defined the reform. >> reform is basically changing the growth model from 30 years of a producer focused on manufacturing and exports to now focusing on services and internal private consumption and letting the markets play a more "decisive role errico introducing a whole new process of governance in the legal system to go along with it. this is a massive, complex transition. there will be consequences f
johnson & johnson accepting a $4 billion offer from carlisle, accepting a $4 billion offer.g premarket? >> only 600 shares, the minimus, up a little bit. roll is nice to see them that out carlisle. >> especially towards the middle of the year. stephen roach is with us. he got off the plane last night and made it straight to set. >> i would do anything for you, tom. >> talk about what you saw there. all of the spheres, discussions of a hard landing for china. is that...
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Mar 10, 2014
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with me, scarlet fu and adam johnson.ere's adam johnson with the top headlines. >> in ukraine, russian troops are solidifying their hold over crimea. the u.s. estimates there are about 20,000 troops there. russia ignoring demands to stop the takeover. votes in crimea will whether to leave ukraine and become part of russia. the last surviving grandchild of ford motor founder henry ford has died. william clay ford was 88. he spent 57 years but the automaker and was vice chairman when he retired. he was better known as the owner of the detroit lions football team and was the father of current for chairman bill ford. bitcoin enthusiasts are showing california the physicist who denies a report that he created the digital currency. they have donated about $28,000 to him in the last few days. according to reports, nakamoto has bitcoins worth over a billion dollars when the price peaked in december. >> anyone interested in the story, listen to the interview trish regan and i did friday afternoon with a reporter for newsweek magaz
with me, scarlet fu and adam johnson.ere's adam johnson with the top headlines. >> in ukraine, russian troops are solidifying their hold over crimea. the u.s. estimates there are about 20,000 troops there. russia ignoring demands to stop the takeover. votes in crimea will whether to leave ukraine and become part of russia. the last surviving grandchild of ford motor founder henry ford has died. william clay ford was 88. he spent 57 years but the automaker and was vice chairman when he...
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Mar 17, 2014
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here that an johnson. -- here is adam johnson. >> overnight, asking prices for homes searched -- surged to a new price. the south korean prime minister said that people need to be aware about increased prices. earnings before the bell. happy st. patrick's day. >> some welsh. >> green beer later on this hour. i am a quarter irish. >> here is a headline. inflation and little but lower than expected. sir .7% -- 0.7%. let's do a did a check. and optimistic bounce off a tough week. 10 year yield goes nowhere. euro essentially goes nowhere. nymex crude is still under. vix, 14 to 18. yan is a little bit lower. the rubel goes nowhere. that is a headline. part of it back stories on commodities. here is copper, the ascension of china. there is the financial crisis. we have rolled over again in copper. why have we rolled over again? >> all of the volatility in china. financial trades really have nothing to do with actual supply and demand. copper, you secure it, are you unwinding that and have to sell it? some things are going down copper, but other things are going up. >> right. you have oil that
here that an johnson. -- here is adam johnson. >> overnight, asking prices for homes searched -- surged to a new price. the south korean prime minister said that people need to be aware about increased prices. earnings before the bell. happy st. patrick's day. >> some welsh. >> green beer later on this hour. i am a quarter irish. >> here is a headline. inflation and little but lower than expected. sir .7% -- 0.7%. let's do a did a check. and optimistic bounce off a tough...
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Mar 5, 2014
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it has invested in pinterest and ben johnson -- cory johnson said down with him and asked him how the process made him a better investor. >> people feel like they know me before they meet me, and that is a big advantage. youthey see you come express yourself and put yourself out there. they say i know this guy. i have read your stop. the first time i met my friend i was like hey, i know you, i have listen to your albums by 400 times. great youe that is know me already. this is helpful in building a relationship. >> that is why it is important to be real. >> at is what is really hard and writing. appreciatehat people itut the blog in the book is is the august side of it. cover up theng to things i did wrong, i am saying this is what happens. what are the strength and weaknesses? >> i think because getting started is easier. in a lot of ways they are younger, which is a strength and weakness. the strength of being young is you do not have the old paradigm in your head so it is very easy to break it, which is a big deal in technology companies. the disadvantage is here you are . there is
it has invested in pinterest and ben johnson -- cory johnson said down with him and asked him how the process made him a better investor. >> people feel like they know me before they meet me, and that is a big advantage. youthey see you come express yourself and put yourself out there. they say i know this guy. i have read your stop. the first time i met my friend i was like hey, i know you, i have listen to your albums by 400 times. great youe that is know me already. this is helpful in...
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Mar 26, 2014
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adam johnson.aking a look at the menu, here is what we have got today. a rough first day. and when will it end? this is a bloomberg exclusive. says it will not tap our phonorecords, but it still has a way to find them. we will show you how ford builds its best selling truck. it is awesome. and around the world dining for breakfast. in the far east, we have got it all. lunch money. all right, we are kicking it off, another deal for the world social network. >> facebook making another multimillion dollar acquisition, is done by a virtual reality company for $2 billion. >> yes, you heard her right. facebook, where millions of people log on every day, like chris martin and gwyneth paltrow's breakup. yes, it is true. i say, they are trying to bring virtual reality to the mass market, trying because it does not actually sell anything yet. >> there is a lot to get it out there. it is one thing to make a prototype in a room that can be moved. it is another thing to make it a few hundred dollars in a mass m
adam johnson.aking a look at the menu, here is what we have got today. a rough first day. and when will it end? this is a bloomberg exclusive. says it will not tap our phonorecords, but it still has a way to find them. we will show you how ford builds its best selling truck. it is awesome. and around the world dining for breakfast. in the far east, we have got it all. lunch money. all right, we are kicking it off, another deal for the world social network. >> facebook making another...
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Mar 10, 2014
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i am adam johnson. the 106tharch international women's day.interviewed women like kristin gillibrand, on a mission to get more women intto run for office. exception to washington being broken -- the women work very well together, both democrats and republicans find common ground and compromise and get things done. my goal long-term is to change the players. make sure we have more women winning these elections. off the sidelines. a nationwide call to action asking women to be heard on the issues they care about. this cycle, we are going to women$2 million for candidates. last cycle we raised $1 million. it goes straight into campaigns so their voice can be heard. they can tell people what they care about and why they are running. >> anyway to make the senate more bipartisan? should be welcomed to us all. congress cannot do business and must republicans and democrats agree. people wonder is there common ground between you and, say, senator deb fisher from nebraska? do you find common ground because you share certain points of view? >> i think de
i am adam johnson. the 106tharch international women's day.interviewed women like kristin gillibrand, on a mission to get more women intto run for office. exception to washington being broken -- the women work very well together, both democrats and republicans find common ground and compromise and get things done. my goal long-term is to change the players. make sure we have more women winning these elections. off the sidelines. a nationwide call to action asking women to be heard on the issues...
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Mar 12, 2014
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i'm adam johnson. take a look at the many. here's what we've got. the president walks in to the gap. forget the euro crisis. the euro has bigger problems. with politics, marco rubio a new course after regrets on immigration reform. a 20 billion neighborhood. -- a $20 billion neighborhood. take ae man who wants to bat wing suit for a ride off mount everest. we will kickoff with a special happy birthday to the world wide web. www turns 25 today. search,o a google you'll find there are several dates to celebrate our eternal love of the internet. aday marks the 25 years since proposal to improve the flow of information. "a web of notes with links between them." the international governing body wwer the internet declared w technology free and open to everyone. >> everyone in the world can have access to some basic service for an affordable price or for free. a waynk we can do this in that gets people access to some basic services. while increasing the overall number of subscribers. and profits so people can invest more. zuckerberg talking last month abou
i'm adam johnson. take a look at the many. here's what we've got. the president walks in to the gap. forget the euro crisis. the euro has bigger problems. with politics, marco rubio a new course after regrets on immigration reform. a 20 billion neighborhood. -- a $20 billion neighborhood. take ae man who wants to bat wing suit for a ride off mount everest. we will kickoff with a special happy birthday to the world wide web. www turns 25 today. search,o a google you'll find there are several...
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Mar 2, 2014
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jimmie johnson. then side by side, edwards and newman. off turn four. win 24, kevin harvick dominates in the desert. >> he was freaky fast today, boys. freaky fast. >> great job. what a race. thank you very, very much. he goes over and starts his new team with kevin harvick. the only race team he's ever driven for, rcr. and what is the reward? a win. and a prayer. >> that was harvick's fifth phoenix victory in 23 starts here, breaking a tie with jimmie johnson for most wins. he's won three of the last four here. >> must have some friends in the first and second turn sweep. >> he'll let everyone enjoy this i think. >> including his crew. >> this is harvick's 11th year with a sprint cup victory. including the last five in a row. >> there's his friends i was talking about. >> it's the 20th career win for stewart haas. harvick is the third different driver to go to victory lane for this team. they have won at least one race in every one of the six years since this team was formed. >> look at this, he wants to go back. he wants to give his team a little love
jimmie johnson. then side by side, edwards and newman. off turn four. win 24, kevin harvick dominates in the desert. >> he was freaky fast today, boys. freaky fast. >> great job. what a race. thank you very, very much. he goes over and starts his new team with kevin harvick. the only race team he's ever driven for, rcr. and what is the reward? a win. and a prayer. >> that was harvick's fifth phoenix victory in 23 starts here, breaking a tie with jimmie johnson for most wins....
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Mar 27, 2014
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adam johnson johnson has our top headlines. >> thailand satellites have captured images of more than objects in the southern indian ocean you're the search area for the missing malaysia and airline jet. claims had to suspend their search due to poor weather and poor visibility. ships continued on with the search effort, scouring the indian ocean are possible debris from the jet. is meeting with pope francis at the vatican today. economic inequity, poverty, and the situation in ukraine are among the various topics they will discuss. it is the second official trip to the vatican for the president. he met with pope benedict almost five years ago on a stop in italy. you'll also be within a prime minister renzi. lowest. experienced the publishing international causes and 35 years lester. had the fewest births since 1998 as people are being cautious following the recession. the u.s. recorded the most deaths in history. the lighting fertility rate is seen as a drag on the economy -- the lighting fertility rate is seen as a drag on the economy. it is not just the u.s., it is across the world
adam johnson johnson has our top headlines. >> thailand satellites have captured images of more than objects in the southern indian ocean you're the search area for the missing malaysia and airline jet. claims had to suspend their search due to poor weather and poor visibility. ships continued on with the search effort, scouring the indian ocean are possible debris from the jet. is meeting with pope francis at the vatican today. economic inequity, poverty, and the situation in ukraine are...
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. >> johnson's baby of the week time, hodi. >> that time where we announce and celebrate new moms andrable new additions to their families. first is davierre arie ware-sanner born on january 17th in minneapolis, minnesota. his mom says her son is bright and alert and gorgeous baby. >> the next babies are twins. greer patterson and collier wood ragone. born in atlanta, georgia, on january 8th. and their busy mom offered this advice to new parents, don't sweat the small stuff. she's right. >> our next johnson's baby born here in manhattan on january 6th, it is anthony james sabat. his parents say their son loves to snuggle. >> and our final johnson's baby of the week is kenzie elaine eakins, born in harpersburg, west virginia, on february 9th. this little girl was so excited to come into the world that she came three weeks early. her mom says she was the loudest one in the nursery. >> congrats to all the babies. submit your baby to be a johnson's baby of the week, go to klgandhoda.com. >>> we'll show you how to throw an oscar winning party. >> and our friend and actor anthony mackie has
. >> johnson's baby of the week time, hodi. >> that time where we announce and celebrate new moms andrable new additions to their families. first is davierre arie ware-sanner born on january 17th in minneapolis, minnesota. his mom says her son is bright and alert and gorgeous baby. >> the next babies are twins. greer patterson and collier wood ragone. born in atlanta, georgia, on january 8th. and their busy mom offered this advice to new parents, don't sweat the small stuff....
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Mar 26, 2014
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la par lafectaran porqu sdw ojo se joven es indocumentada y se sentÓ cara a cara con el secretario johnsone viajaron de varios estados para plantear sus inquietudes y sus recomendaciones a johnson quien ordenado por la casa blanca revisa el proceso de deportac n deportaciÓn. >>> entre los puntos en que insistieron es la importancia que agentes y oficiales rindan cuentas de sus acciones dijo te abogado de inmigraciÓn, acciones que llevan a la separaciÓn de familias y el principal tema de la cual tambiÉn hoy le hablÓ el congresista luis gutiÉrrez >>> el encuentro se produjo un dÍa antes que los demÓcratas en la cÁmara baja usen un mecanismo conocido como (nombre en inglÉs) en inglÉs, para forzar que se hiere al pleno un proyecto de reforma migratoria >>> haciendo una peticiÓn a los colegas republicanos que tienen control de la cÁmara de representantes que nos permiten el voto para una reforma migratoria >>> pero para los activistas de inmigraciÓn es necesario ahora se tomen acciones administrativas. juega emitas molianita molina Ó quienes cruzan en el desierto. >>> llevamos 150 personas al a
la par lafectaran porqu sdw ojo se joven es indocumentada y se sentÓ cara a cara con el secretario johnsone viajaron de varios estados para plantear sus inquietudes y sus recomendaciones a johnson quien ordenado por la casa blanca revisa el proceso de deportac n deportaciÓn. >>> entre los puntos en que insistieron es la importancia que agentes y oficiales rindan cuentas de sus acciones dijo te abogado de inmigraciÓn, acciones que llevan a la separaciÓn de familias y el principal...
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Mar 25, 2014
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with me, scarlet fu and adam johnson.dent and chief executive officer at the consumer --ctronics administration gary shapiro, president and chief executive officer of the consumer electronics association. upstart streaming service that uses tiny antennas to stream television programs is taking on top broadcasters. aereo is expected to submit a brief to the supreme court tomorrow. ahead of that, we asked david bank to join us to the best. thanks for coming back. >> thank you for having me. >> is the white house siding with the network mean aereo is losing momentum heading into the case? >> is there such a thing of legal momentum in a supreme court case? i don't think there is. but i do think the amicus brief filed on behalf of the department of justice for the broadcasters was a very that-cut powerful argument the aereo technology was essentially a was violation of the spirit of the law. meaningful.s if you are trying to read the tea leaves, sure, you would argue that maybe some of the momentum is going the broadcaster's w
with me, scarlet fu and adam johnson.dent and chief executive officer at the consumer --ctronics administration gary shapiro, president and chief executive officer of the consumer electronics association. upstart streaming service that uses tiny antennas to stream television programs is taking on top broadcasters. aereo is expected to submit a brief to the supreme court tomorrow. ahead of that, we asked david bank to join us to the best. thanks for coming back. >> thank you for having me....
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Mar 20, 2014
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. >> cory johnson is with me now. air b&b is set to raise $450 million. >> those are amazing numbers. raising $450 million is an incredible thing. haveotion that they would a company valued at $10 million before the ipo is unheard of. >> air b&b is always on the list of tech ipos. instead they are raising money. i wonder what that says about the company's readiness. texas civic ist , thised with this deal might be the last funding round before the ipo. given the frosting is of the markets right now and the receptiveness -- class you think they would want to take advantage of this. paul kedrosky is joining us now from san diego. what is your take on this fundraising? >> i think you will see both. i am with cory. this is a pre-ipo rounds. a bunch of folks want to be on board before air b&b goes public. i have no doubt that that is the plan. people are putting a bunch of capital in and they are planning to take it out again in six months. that is a good trade for them. >> we have seen some interesting investment over the
. >> cory johnson is with me now. air b&b is set to raise $450 million. >> those are amazing numbers. raising $450 million is an incredible thing. haveotion that they would a company valued at $10 million before the ipo is unheard of. >> air b&b is always on the list of tech ipos. instead they are raising money. i wonder what that says about the company's readiness. texas civic ist , thised with this deal might be the last funding round before the ipo. given the...
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Mar 28, 2014
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cory johnson was outside the event. >> despite all the people on the streets and the buses arriving, they are not here to see me. they are here to see satya nadella. this is his vision of the world of computing. >> the world in the next five years, next 10 years, will not be defined by what you know and love today, but by the form factors that will come to be over the coming years. if you think about the core evolution of hardware systems and software, the there are many new form factors at a pretty rapid pace and that will make computing ubiquitous. >> that kind of gives you an idea. the ceo has a real clear vision of what the future might be, although not quite sure where microsoft is in that. this is about getting people on all operating systems to subscribe to the microsoft cloud. listen to what he had to say when talking about the cloud and devices and how they are working hand and hand with devices. >> that cloud that is not connected to devices is naked potential. how does the cloud interact with the world? it is through devices. it could be mobile, tablet, a big screen in a c
cory johnson was outside the event. >> despite all the people on the streets and the buses arriving, they are not here to see me. they are here to see satya nadella. this is his vision of the world of computing. >> the world in the next five years, next 10 years, will not be defined by what you know and love today, but by the form factors that will come to be over the coming years. if you think about the core evolution of hardware systems and software, the there are many new form...
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Mar 26, 2014
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and adam johnson.ing digital is the company behind the popular mobile game kenny crush made it trading debut today. it was priced at $22 $.50. that was the midpoint of the range. stocks fell 10% right out of the gate. >> by focusing on the long-term, we create shareholder value. i think we are in an incredibly strong position. is the place where you need to be because games are the number one category in terms of apps and mobile. with more than 70% of time spent oftablets on games and 90% revenue generated through games. we have been around for 11 years. we found out in april, 2011 when we launched our first game on social networks that if you take one of the games we have developed before as a one level only game, and we proposed this game with many more levels, then it becomes a very broad deal. -- wee been in profit in have been profiting from 11 years of work. these games cover a very wide range of different genres. when you talk about the long-term and you talk about the the portfolio, as we know,
and adam johnson.ing digital is the company behind the popular mobile game kenny crush made it trading debut today. it was priced at $22 $.50. that was the midpoint of the range. stocks fell 10% right out of the gate. >> by focusing on the long-term, we create shareholder value. i think we are in an incredibly strong position. is the place where you need to be because games are the number one category in terms of apps and mobile. with more than 70% of time spent oftablets on games and 90%...
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Mar 30, 2014
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>> everett, serving ten years for home invasion robbery and his cell mate joseph johnson, serving tenggravated all the and armed robbery, will be held in their cells. everett says it's of no concern. >> i ain't going to take it serious cause i know that they putting up an act. try to act tough, pull us both out. whatever they find, they find. >> though everett's possible gang affiliation prompted the shakedown, johnson's possessions will be searched, as well. >> is there a particular reason we being targeted? >> targeted? i just reached in and picked your number out. that's it. that's it. you like that answer? >> sounds like a lie to me. >> okay. i wouldn't them bobos. concerned with bobos or sneakers when they come out, helps them get around. they want to fight. it's a whole lot easier for traction. sometimes it's an indication in the day room you'll see several come out in bobos that something's going to happen. >> you was high to me. if i want to fight, i could come out in these. i don't need a particular type of shoes to fight. >> okay. >> i want to fight. taking my shoes not goin
>> everett, serving ten years for home invasion robbery and his cell mate joseph johnson, serving tenggravated all the and armed robbery, will be held in their cells. everett says it's of no concern. >> i ain't going to take it serious cause i know that they putting up an act. try to act tough, pull us both out. whatever they find, they find. >> though everett's possible gang affiliation prompted the shakedown, johnson's possessions will be searched, as well. >> is there...
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Mar 19, 2014
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johnson. toyota pays up here the bill is 1.2 billion dollars, trying to settle the recall, 10 million vehicles. tom keene rubbing elko -- elbows with a cat. the world series and speculation around the search for 370. all that is left is very angry relatives. using form and function, needs the man with a plan. she knows how to sell very expensive fungus and you will not believe it. everybody is talking about russia today. moving one step closer to annexing the ukrainian peninsula of crimea. vladimir putin and crimean leaders signed yesterday, it is legal. russia is excited. here's president putin celebrating with his comrades. russians and crimea already feel part of the model -- the motherland. >> many russian speakers in crimea now consider that climate which islready part, why they look at the ukrainian trip through a station there and thinking, you are a or an army. see that can already in action. the ukraine's navy headquarters in crimea. many women stormed the base earlier today and prote
johnson. toyota pays up here the bill is 1.2 billion dollars, trying to settle the recall, 10 million vehicles. tom keene rubbing elko -- elbows with a cat. the world series and speculation around the search for 370. all that is left is very angry relatives. using form and function, needs the man with a plan. she knows how to sell very expensive fungus and you will not believe it. everybody is talking about russia today. moving one step closer to annexing the ukrainian peninsula of crimea....
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Mar 23, 2014
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i want to talk about jimmie johnson and jeff gordon.when you look at martinsville they've won there eight times. they dominate. they had good runs today. they should go in with a positive vibe. >> they dominate this had race today as well. those cars were both fast. jimmie's was fast out the gate. it's disappointing when you have cars like that and don't win. today just had a little bit of everything. we never knew how the outcome would turn out due to the fact tires were going flat every 25 laps or so. >> it was amazing the winner never had a tire problem and that's why kyle busch could celebrate. tonight on fox bob's burgers, "american dad," "family guy." next sunday we will be at martinsville. you'll see that on fox. vi at midnight, 9:00 pacific for this week and then next week remember on fox sports 1 90 minutes before the race, we'll have a lot to talk about. will we see our sixth different winner to start the season? for michael waltrip, darrell, larry and mike, krista, steve, matt, jeff hammond, i'm chris myers. kyle busch only l
i want to talk about jimmie johnson and jeff gordon.when you look at martinsville they've won there eight times. they dominate. they had good runs today. they should go in with a positive vibe. >> they dominate this had race today as well. those cars were both fast. jimmie's was fast out the gate. it's disappointing when you have cars like that and don't win. today just had a little bit of everything. we never knew how the outcome would turn out due to the fact tires were going flat every...
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Mar 28, 2014
03/14
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BLOOMBERG
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with me, scarlet fu and adam johnson.t has been an ugly quarter for general motors. >> it has not been a very generous quarter for the company, as well. investigation for the decade-long delay in recalling vehicles with faulty ignition switches. there links to 12 fatal accidents. a were entry-level cars marketed to first-time drivers. they were entry-level cars marketed to first-time drivers. you guys went through all the lawsuits and looked through all the data and you found that a lot of the deaths were linked to young kids, 16-year-old, 17 are old. it was not quite clear what prompted the accident. now that there is this the nation switch debacle to people are connecting the dots. >> that is right. .t is a very traumatic incident you are jotting down the road and your car were to suddenly shut off. there was testimony. one of the engineers tried this himself. he did it in his neighborhood and was able to pull it over safely. that is someone who had been driving longer than someone who had been driving longer than some
with me, scarlet fu and adam johnson.t has been an ugly quarter for general motors. >> it has not been a very generous quarter for the company, as well. investigation for the decade-long delay in recalling vehicles with faulty ignition switches. there links to 12 fatal accidents. a were entry-level cars marketed to first-time drivers. they were entry-level cars marketed to first-time drivers. you guys went through all the lawsuits and looked through all the data and you found that a lot...
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426
Mar 3, 2014
03/14
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LINKTV
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johnson hit the ceiling.announced publicly he would call bill martin, the chairman of the federal reserve, down to the ranch for a tongue-lashing. but raising the discount rate didn't keep inflation from growing. it breaks my heart to go shopping. the war kept growing, too. when neither the administration nor congress applied fiscal restraints, the fed decided to go it alone again. they used an open-market operation. in january 1966, they sold government bonds to tighten up the nation's money supply. interest rates rose dramatically. soon, any business sensitive to interest rates was caught in a credit crunch. the housing industry was hardest hit. the full effect of the fed's solitary action took hold in early 1967. inflation dropped, but at a terrible cost-- a zero growth rate for the gross national product. to economists, this was an impressive lesson. the fed was very effective in 1966. the discount rate increase and the reduction in the rate of creation of bank reserves drove up market interest rates, red
johnson hit the ceiling.announced publicly he would call bill martin, the chairman of the federal reserve, down to the ranch for a tongue-lashing. but raising the discount rate didn't keep inflation from growing. it breaks my heart to go shopping. the war kept growing, too. when neither the administration nor congress applied fiscal restraints, the fed decided to go it alone again. they used an open-market operation. in january 1966, they sold government bonds to tighten up the nation's money...