perhaps some of the best examples in the united states are in lehman caves. each shield consists of two parallel plates separated by a crack. the crack is an extension of a break in the cave's surface or formation from which the shield develops. the shield grows as water seeps out of the crack and deposits calcite on the rims of both plates. hydrostatic pressure controls the flow of water, making it possible for shields to form at any angle. when water flow is excessive. stalactites form on the edges of shields, creating decorations such as the parachute. calcite is also deposited around the edges of pools of water building attractive miniature terraced rim stone dams. scallops along the walls indicate that some time after the cave system was formed, a stream flowed for a while within the caves, the shape of these solution cavities indicate that the stream flowed toward the cave entrance. cave coral is one of the most common of all cave formation. these knobby clusters, as well as sparkling frost like aragonite crystals, grow on formations, walls, ceilings an

so almost all says you've done most of the phone when you come into the daily network. seem lehman e, cause they were the lead on. was just me, i switch on the dish, just leave chip on the fridge to the color. says no, the bandwidth is any way that they've been yes collected.

the style says, you've done most of the last one when you come and get a deleting and look, seem lehman e cause they were the lead on, was just me. i switch on the is just leave ship, you know, the bridge or the color says no, the, the, with the new way, not they've been escalated opinion, skill legged, and the machine for the, for the we will slower shots cuz the, and the escalated to the machine there's a more, more safety issues. that's the easiest way as we just got his usual way. you don't go way out that you have reached i wish that i think would be the most of this the 20000. so instead of diploma so bad showed you post apartments congratulate this, we need to sit up to his device for so let's get you a new build that new i don't want them to move over to their lives in such a good place. spoke to real soon, but suddenly what am i to from douglas is good and we have some more some more somebody else to say is that as a percent boost that you will use are those for the best estimate to today? uh yes. to what the weight of your services to, to move a little crate, the papers to the

i'm jessica lehman, she her, executive director of disability action. there i am. >> (indiscernible) >> my microphone isn't on. can you hear me now? >> (indiscernible) >> the captioner is hearing me it looks like. okay. wonderful. so, i'll start over, jessica lehman, she, her the executive director of senior disability action. i am going to be leaving my position in about a month. one of my colleagues was going to come today and isn't feeling well but i know that senior disability action has worked for years with the mayor disability council and mayor office on disability so definitely looking forward to continuing that with other folks. so, i just wanted to start by the first slide says senior disability budget ask. it has my name and the senior disability action logo. alright. just wanted to share a little bit about sda. recent work and wins. we have worked very hard and wanted to particularly thank the mayor disability council for your support in our work to insure remote access would continue to be a possibility for board of supervisors meetings. th

as the style says, you've done most of the last one when you come into the dealing and look seam lehman e, cause they were the lead on will excuse me. i switch on the dish, just leave chip on the bridge to the cover. says no, the damage with it. then you may not have been yes, collected opinion, still legged and the machine for the, for the was lower, the source goes from being able to like a machine reset a mobile safe conclusions. the easiest way as we use for this password cause issue where you don't go away. i'll touch on each each day i think would be the most of this the $20000.00. so instead most departments will graduate. you post a promise, congratulate you. so we need to sit up to his device for so you have a new build that you want them to move over to their lives. and so to replace photos real soon with something we what am i to from the boost is good. and then we have some more, some more time for us to see if there is a positive percent. but you said you will use those for the best estimate to, to that you still with me, you know, certainly is to move a little cripple pape

when you come into the dealing and look seam lehman, e cause they were the lead on, was just me. i switch on the is just leave ship on the bridge to the color says no, [000:00:00;00] the, the with the new way not they've been escalated opinion, skill legged, and the machine for the, for the was lower show sco, so be in your school like a machine reset. of the safety issues, the easiest way as we just got his usual way. you by jim. go help that you and me each time which though i think would be the most of this the talk with us at all. instead, most departments will get you over to post apartments. okay? sure. this, we need to sit up to his device for so you know, so you could always stay a user in here. do you want them to move over to their lives or so to replace photos real soon with somebody, what am i to from the bush is good and the but you have some was more than likely yes to season is up as a percent boost that you will use are those for the best estimate to, to that you still with me, your service to, to move a 0 increase of papers to the post office or what the tempest

when you come into the dealing and look seem lehman e cause they were the lead on was just me. i switch on the dish, just leave ship, the place to the color says no, the, the with the new way not they've been escalated opinion like it and the machine all the way we was lower the show sco. so be in your school like a machine reset. a mobile safe cuz that's the easiest way us. we just got his usual way. you by jim. go help that you and me each time i wish that you could be as much of this the 200000 instead most departments will graduate. you post apartments for graduate this we need to sit up to his device for so you know, so you could always stay a user and you've got the study. you want them to move over to their lives. and so to replace photos real soon with some we what am i to from the boost is good and then we have some was more than one for us to season is up as a percent boost that you will use are those for the best estimate to to that uh, e as to what the weight you know, certainly is to, to move a 0 increase of papers to the post office or what the tempest of, with th

. >> doug lehman will get right to work. the draft is thursday night, november free agency starts with this man, draymond green, as expected, green plans to opt out of the final year of his contract and is speaking a new multiyear deal, hopefully, from the warriors. >> draymond means to this team at the highest level, we feel like we have to have them. >> he has meant a lot to this franchise, he is a bit of a controversial player in perhaps some corners around the league and some things that have happened over the years but he knows that, we know that, but, the good overwhelms the bad. >> green is on the back nine of his career, so this will be the last big deal for him of the decent teams with cap space,, city might be an interested suitor . the rest of the teams are bad, look for the warriors to give him more money. he is the most valuable player in the league, averaging less than 10 points per game. >> he does so much more, though. >> it would be so hard to see him in a different uniform. is really would. >> let's run it

on september 15th, 2008 lehman brothers, one of the largest us investment banks collapse electricity bundles of. so please good for the minutes because of the stuff in my speaking with team is engine depends the so on call present tonight so. so this case if i see a bonus should that among those 0. so can you fairly to present the b jones jonesal as shown enough shape or could assist in continued a clump. so the good if, if, even though on top of your home we'll see the depth goop. i'll give you the present through the feeling sick at home play. the sort of most is good ask when it hotly full. it could have down the concert. so hopefully the new concept is complete. but for you to the surprise to just sit in while the results. okay, final hope on both of them is all, we all know have a, the comment about it all the time is the multi develop of what puts on certain model of the, almost as some of the populace. one of the should the ones this equipment is going to check with. i just have to drop say data for you to disagree. gall and this is where these on. it's a chance that the deal,

and we began with a very american bank from the lehman acquisition and we have grown in europe.ou bring it all together and you are talking about us thinking about the next generation of leadership for the investment bank. building on our strengths. and when you do that kind of organizational change, sometimes it has impacts. >> is there a strategic shift in the investment bank away from the united states and towards your? your two heads before were based in the united states and now they are in europe. >> one is here and one is in the u.s. it is try to get more attention to your relatively speaking. the u.s. remains critically important to us. u.s. businesses -- that is where we are leading. dani: the berkeley ceo speaking to bloomberg. barclays is among the banking stocks underperforming. let me give you a view of what european banking stocks have done in terms of their price to forward earnings. despite the fact that we have earnings upgrades from these european banks. limited outperformance as our next guest rights in his research. it means we have a disconnect on valuations

roger lehman is direct out of grand strategy program at defense priorities. a washington dc based think tank joins us now from new york. mr. roger. mr. have a good to have you with us on. i'll just say era. how serious do you think the situation will be assessed by the analyst and governments be on the board as of russia? a very serious award. if mister pluto and expect it to be a short war while accounts totally into protracted war. and now it has brought political drum model to on from that he. ready he wanted to avoid. what we know, of course, is that the group has marked on parts of southern russia to senior generals general sort of weekend and general, letting me elect, save, have appealed to wagner soldiers to put down their arms. there are security personnel in moscow who have been told to stand by post office taking special security measures. so this was an unfolding crisis, and i don't think you've seen the end of it. the interesting question is whether religion is acting as a loan rules, which would be suicidal, rational, he hasn't shown any signs o

it was big tech over the past decade and prior to that, we had going on china after lehman in the 90' what is the big compelling idea for you? guest: we think innovation broadly. the five major innovation platforms around which we have centered our research. sequencing in health care. disease, robotics, energy storage, artificial intelligence and blockchain technology. these platforms are evolving and converging. we think that artificial intelligence is the biggest catalyst to innovation. in other words, it is going to turbocharge all of the other innovation platforms. a good example is tesla. tesla is probably one of the biggest ai plays out there. autonomous driving is a massive ai project. we think it's went to scale. these autonomous taxi platforms going to scale from nothing revenue today to up to $30 trillion by 2030. i often say it can be somewhat confusing, but each one of those platforms is on an exponential growth trajectory and now they are going to feed each other. we are starting to call that super exponential. yes, it is the companies that will harness ai to increase pro

the court has received at least 230 appeals representing about two and have thousand lehman's who sell of their bonds ran down to zero. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm vonnie quinn and this is bloomberg. yvonne: coming up, u.s. health inspectors ramping up their audits on indian drugmakers following a string of deadly manufacturing incidents. we get the latest on claims of wide-ranging safety lapses next. this is bloomberg. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ rishaad: just about a minute away from the start of the session looking at some declines. looking at how we see health care companies in india because u.s. inspectors have uncovered wide-ranging lapses in safety protocols and some of india's biggest drugmaker spring this is the top supplier of generic medicines under scrutiny after a spate of deadly manufacturing incidents as u.s. h

great president lehman here. vice president camino here. commissioner falzon here. commissioner perez here. commissioner thomas here, commissioner torres here, and commissioner wong is excused. okay. thank you. the next item on the agenda is item number two. general public comment. members of the public may address the commission on items of interest to the public that are within the subject matter jurisdiction of the commission with respect to agenda items, members of the public may address. the commission for up to three minutes at the time. such item is called. is there any public comment for items not listed on the agenda. for so no public comment for this item. okay. public comment is closed. the next item on the agenda is item number three. approval of minutes for the may 16th, 2023 commission meeting and the june fifth, 2023, special meeting. motion to approve. seconded awesome. okay is there a public comment on this item right. no public comment for this item. okay. seeing none public public comment is now closed. commissioner i mean, commission secretary li

does a lot of different things remember how much lehman debt they own, for example, in the bankruptcyky did ask just to put a number on how much opportunity he sees in this market right now, here is what he had to say. >> this environment feels like a 4 in terms of opportunity. >> with a 10 being the best? >> 10 being the best it's nowhere near 9 or 10, but it's better than it was. you had such extended valuations, such little downside volatility really for the last decade or more, and 2021 was sort of a blowoff. 2022 began the correction. now you're starting to recover from the correction. i'm not sure whether that's going to continue or not the nature of opportunity we see on a bottom-up basis is better than it was, but still not at peak on the other hand, that means you should be wading in. >> mike, what's your take? >> he's first of all very much deep value focus he really wants things to seem cheap and deeply out of favor for him. he has big growth stock holdings like alphabet, things like that. 4 out of 10 to me doesn't sound like in his spectrum to be that bearish. i love that

from the leawood -- lehman acquisition of barclays and have grown in europe we wanted to put more emphasis as well. you bring it all together and you are talking about us thinking about the next generation of leadership of the investment bank. building on our strengths in the debt capital market but growing equities and m&a and growing in europe. when you do that kind of organizational change, sometimes it has impacts. david: is there a strategic shift in emphasis in the investment bank a little bit away from the u.s. and toward europe because as i recall, your to bamako has were based in the u.s. and now they will be based in europe? c.s.: one is in europe and one here is in the u.s.. it is not a shift so much as an expansion. it is to try to get more attention to europe relatively speaking. the u.s. remains critically important to us, and of the u.s. businesses are something especially in the debt capital markets where we are absolutely leading and we want to maintain that position. tom: barclays cl c.s. venkatakrishnan, speaking to bloomberg supposedly. silicon valley bank u.k. has been

rates back to what was once normal, 5%, the level a decade and a half ago, before the collapse of lehmanmed to. a 15—year period over in 15 months, affecting many ordinary home owners profoundly. my monthly mortgage repayments will increase by £270. £680 more per month for next two years. a scary, petrifying experience. several hundred pounds. i don't sleep well at night. i'm distraught. helpless. i'm cutting costs everywhere. i can't print the money, basically, to satisfy what is expected of me. very stressed at the moment, because obviously there's very limited options we've got here. there are a couple of - things that traders need. one of them is foreign exchange... outside the bank of england, history lessons as rates return to their historic norms. so today, more rate rises, more than expected, and possibly more to come, as the bank tries to deal more aggressively with stronger inflation by draining spending power enough to risk a downturn. we're not expecting, we're not desiring a recession, but we will do what is necessary to bring inflation down to target. we cannot continue to

when the show began, bush was president and the lehman brothers were still in business and the iphonehere were earthquakes, and oil spills. protests and populous movements. >> we will build a wall. >> tear groups were formed. and terrorists were hunted down. >> osama bin laden, how has it been perceived around the world. >> we saw shootings in sandy hook and las vegas and way too many more to list. there was the stunning insurrection on america's capitol? the economy crashed, grew again. let's turn now to the outbreak that has the world on edge. and a global pandemic changed the way we lived and work. to help us understand it all, i've been joined by guests from around the globe. who have sat down with an american president on the roof of a hotel in new delhi. and inside of the white house. >> i always tell my daughters, treat people kindly, be useful. use your time well. but remember you're part of the larger sweep of this big story that brings us altogether. >> and had a rare interview with a chinese premier. >> there is a famous photograph of us at tiananmen square. what lesson did

that we're seeing here, everybody is waiting for this kind of svb moment, this catastrophe, or this lehman moment how about we just get an old school money contraction there's three ways you can get money for the next leg of growth you can earn it, we're already past peak earnings, that's the whole story. you can get it from a bank and we're now they're not lending, after the regulatory fear, lending standards are tight. or you can get it on the investments. and you are still well below where you were from an all-time high i don't have a problem with -- you don't have to bet against it the question is, do you want to bet with it, when i can't find the money that's going to fund the next level of growth, and i got a riskless rate of return that's at least 42 basis points above the earnings yield and the s&p. >> tony, always good to see you. thank you. >> thanks for having me, mel have a happy fourth. >> you, too. tony dwyer i mean, good point on the six-month riskless 5.5%, guy. >> tony always makes good points, number one and i think what he's saying, is don't get fooled, the fact that not

joining me now is kelly robinson, president lehman rights campaign.ng here so the many reasons we want to have you back on. it is a year old job used to be planned parenthood. you've literally been to the cross section of the few things i want to talk about. i've written two words in the commercial break before this. deflection and control. there are two things behind this nikki haley thing. she comes from a state that had a six-week abortion ban. your doctor would be arrested for cutting abortion. but she says that the most important issue is not that. it is trans girls in the track locker room. your thoughts? >> you are exactly right. this is political theater and it is dangerous. what she is doing by spreading this type of horrific misinformation and lies about the trans community is going to lead to rely violence. this is where we're seeing one in five of her hate crimes being targeted towards the lgbtq+ community. this is why we see armed people and drag queens story hours and pediatricians having to get our walk to their cars by armed guards. be

with me we have adam lehman, the ceo of halal international, and allison stone, a student at george washingtonause] thank you both for joining us today. at adl there are campus staff, our regional offices and our expert analysts we have been engaged in monitoring and countering anti-semitism in the college campus basis. in k-12 our adl analysts recorded incidents in our anti-semitic incidents for 2022. that was an increase of 44% from 2021. most of the school-based incidents were vandalism, like drawing up trausch because, writing messages -- swastikas, writing messages, or signs out saying saying -- signs outside saying jews are not welcome. even in montgomery, maryland we have seen an uptick in anti-semitic incidents. it is having a drastic impact on our communities our students, and our families. on college campuses, adl recorded, to 19 incidents -- 219 incidents in 2022. we see anti-into zero campaigns -- anti-israel campaigns, making up 19% of the total. there has been a rise of harassment and vandalism on campuses, the desecration on student stores, resident halls and anti-semitic messag

they got better every year until lehman dominated. is that a history of the past?ng the intellectual capital out of the business with these layoffs and this uproar going on on the street right now? >> i don't think so. the fundamental bottom-up analytical work that helped propel us back in the day in terms of our own research rankings for the work we do today is still hugely important. you have different tools you use , the bar is higher for sure, but i think the sell side has underinvested in research over the past couple of decades or so. tom: what do you want to see from the big banks? what will be your counsel to mr. moynahan? >> the breadth of global research these firms are committed to is important. we are global investment manager so there are parts of the globe whether it's a small cap space or large-cap for that matter that have less coverage. in some respects, that's advantageous to active managers because we've invested in a huge meta-research. we value quality research and if it's provided by brian moynihan's firm or other large firms, it's super valua

the huge calm as it came down after lehman, after bear stearns was flat. some of the angst of the last decade and with this pandemic, the absolute surge in short term interest rates. stay with us, with the end of libor. we have a jewel of this company, ira jersey and his team and bloomberg intelligence will help you with the new libor, which is so for. sofr, is what it is. libor, the final days of libor, extraordinary. this is bloomberg, good morning. from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com (sirens) [due at target in 5!] copy that. make a hard left down the alley. network's got you covered. [please confirm requesting back-up.] -changing route. -go. roadblock ahead. ...back up, back up... reverse! reverse! next level moments, we're 30 seconds out. need the next level network. [north corridor, hurry!] -coming through! -or 3, let's go. the network more businesses choose. transplant received. at&t business. >> -- inflation still exists in america. today'

and here to accept the award on, lehman's behalf is jenna johnson fsg.but i will read the citation in layman's montage is a sublime, short story collection. ma and unspools as not only quiet tender moments, also life's amusing and humorous and ridiculous notes and its absurdity. her book portrays the sometimes startling indignities of race and immigrant and the challenges of being in a body, navigating the strangeness of the human condition, whether writing about yetis or mothers. maya pulls us into a world where everything been called into question. where even the genre in which she works, her literary magic not always clear she's tropes of speculum fiction, magic, realism, surrealism and realism, co-mingling and with these elements. my stories are individually brilliant, but the collection's architecture as a whole is equally remarkable. she invites you into a fantastic multistory house of emotional resonance in which you open the door. one room, the room where a narrator lives with her husband and her 100 ex-boyfriends that unfolds into another room t

but we also have to make sure especially given what we now know about lehman change that there are stronger passenger rail. president biden famously is somebody who is a passionate believer in passenger rail and so am i. what we have in the historic structure law as part of the 1.2 joint dollar package of investments is the biggest investment in american passenger rail since amtrak was created in the first place over 50 years ago. part of that as a matter of repairing what we have but part of it is enhancing and adding and improving on infrastructure that we inherited. it won't happen overnight but i am confident this legislation work we are undertaking right now is going to lead to substantially improved options for passenger rail in the united states. rishaad: that is u.s. transportation secretary pete buttigieg speaking exclusively to bloomberg's haslinda amin. let's look at education and what is likely to happen with india as the trading day there is just a mere 11 or 12 minutes away. this is bloomberg. ♪ rishaad: 31 degrees celsius in mumbai as we are just about 10 minutes away from

some of the projections from here are -- would take us to post-lehman levels by some estimates. >> theredity you can certainly look at the drag from qt that is ongoing we don't think it's huge, and it's also something that, of course, can be adjusted, if it were to be more substantial than they could stop q.t. somewhat earlier. they haven't nailed themselves to any projection there. we tend to look out more is financial conditions, and financial conditions, the drag from financial conditions, is diminishing and i think we're seeing that in the stabilization of the housing market. the number one transmission mechanism for monetary policy really is residential mortgages and that seems to be abating somewhat i would say we're in a below trend growth environment and think we'll need to be in a below trend growth environment still, but positive growth seems more likely. >> if you look at everything that's been thrown at the consumer, you know, the inflation shock, the rate shock, what's happened with housing, what's happened with the bank failures and credit tightening, even if it's not as ba

that were head fakes it happened in '01, it happened even really in '08, at the end of '08 after lehmang relief rally in retrospect you say most of the damage was done, it didn't feel like it along the way you have those things happening at the same time, again, you have this sort of weird cycle that we're in right now. we're supposed to rally after the fed starts hiking rates. we went down straight into it. we can't bottom. the fed is tightening. we have been off the pattern for a little while shorter term the market looks overbought i think sentiment is getting warmed up. you're seeing people notice it and speculate in the options market you're seeing the survey show a little bit more bullishness, but that's expected when you have the market up 20%. it's not a matter of oh, no people are getting bullish, it's time to get worried. people are recognizing the market has been resilient for a while and it's kind of following in a sense the normal psychological life cycle of getting toward a more bullish trend. final point if the october low was the real low you could go down 15% and not hi

she's the one that put the lehman hheew— the one that put the lehman trilogy famously— the one that putthere's pumping music like you're in a stadium. it's hhehhhhhe— you're in a stadium. it's hhennhe .— you're in a stadium. it's thrilling . you- you're in a stadium. it's thrilling . you also have a thrilling. you also have a phenomenal— thrilling. you also have a phenomenal performance by joseph ehehhes— phenomenal performance by joseph fiennes,-think_ phenomenal performance by joseph fiennes,-think of- phenomenal performance by joseph fiennes,-think of as- fiennes, who we think of as thewhe— fiennes, who we think of as billowing shirts— fiennes, who we think of as billowing shirts , charismatic, billowing shirts, charismatic, eesh— billowing shirts, charismatic, eesh ehe— billowing shirts, charismatic, posh and charming costume eeeehes— posh and charming costume eeeehes ahe— posh and charming costume dramas. and he— posh and charming costume dramas. and he disappears into the dramas. and he disappears into hhe she— dramas. and he disappears into hhe shh eh— dramas. and he disappears i

commissioner lehman generally. support uh, providing more flexibility to make these changes. the reality is not every commercial building is suitable for, um being three used for residential um, and there are some that are more usable than others. and i think that the flexibility here is really important so that we can fully explore those things and we can sort of see the change that we really need in those areas of the city to really revitalize them. i think to that point just like we've seen from other architectural studies. there are some cat there's sort of they've mapped out the best candidates for those conversions , so i don't think that's a i don't think that's a hard lift for this particular ordinance. i do i do agree with, um mr phineas recommendation about pulling together a certain bulletins, or, uh, you know, policy pieces if that's what you call him so that an applicant can understand these might be this might relate to you. i do understand that, you know, architects. every building generally that we work on is a case study. it's a new project, but there's certa

you may lehman brothers. you may remember that— lehman brothers.impact at which the bank has said may not be tett— the bank has said may not be tett tet— the bank has said may not be felt for some— the bank has said may not be felt for some time— the bank has said may not be felt for some time because of me— felt for some time because of the prevalence— felt for some time because of the prevalence of— felt for some time because of the prevalence of fixed rate metteeges— the prevalence of fixed rate mortgages. se— the prevalence of fixed rate mortgages. so it's actually acknowledging— mortgages. so it's actually acknowledging , of course, that acknowledging, of course, that mete— acknowledging, of course, that there met— acknowledging, of course, that there may be — acknowledging, of course, that there may be more pain to come. as utm— there may be more pain to come. as ttam was— there may be more pain to come. as liam was indicating, we'll get— as liam was indicating, we'll get me— as liam was indicating, we'll get the minutes— as liam was indicati

the labour government did not bring down lehman if lehman brothers, which was, if you the canary in theaid that's. coming in. and i'm afraid that's not a government decision. so qe is bank of england g t:ti;ti tit" so qe is bank of england decision. is a bank of england decision. thev're— is a bank of england decision. they're eu— is a bank of england decision. they're all-together. i they're all working together. oh, peter. qe took oh, come on, peter. qe took pteee— oh, come on, peter. qe took pteee-tn— oh, come on, peter. qe took place-in glove.- oh, come on, peter. qe took place in glove. government place hand in glove. government tent—tett- place hand in glove. governmenti bank _talk about bank of england. they talk about the independence— bank of england. they talk about the independence of the bank of tngtent. — the independence of the bank of tngtent. -pennt— england. every pound of government— england. every pound of government issued government debt that was issued in government debt that was issued tn-ttnenetet— government debt that was issued in-financial crash- government de