he is going to lindsay goldberg, .f the mega buyout shops that we know, blackstone, kkr, those who have hired big government officials. this is a more traditional mainline private equity firm that does family-owned businesses and that sort of thing. 24,000 suvs from volvo, planning to modify them to permit autonomous driving. it is a private company owned by a chinese firm not affiliated with volvo ab. why go for volvo? >> one of the things volvo has going for it is the cars are generally known to be quite reliable and quite safe. they have fitted in with lots of lasers and cameras and gps and all sorts of things so they can drive on the road, but they have had a backup person sitting in front just in case something goes wrong. so far, those tests have proven pretty positive. the fact they are buying 24,000 cars suggests that they are reasonably happy with how the tests went. i think they had 100 of those for those initial trials. so, that is what they are doing. >> nestle could be going shopping. based company said to

he is going to lindsay goldberg. this is not one of the mega buyout shops.hired former big government officials. privatea mainline equity that does family owned businesses. sherry: what will his job be there? very, --vary,s it and we will see where they go. it is a private equity firm. we don't know whether he will role oroperating whether he will be something of a rainmaker. this has been the something where private equity firms lean on these guys. david: time will tell. the background of tim geithner and jack lew are different. jack is an inside the beltway guy. he knows his way around capitol hill. he is not a deal guy. jason: that is exactly right. when we go back to the 90's, part of it is just opening doors. it is easier to get a meeting when you have a former treasury secretary who is playing your wingmen. david rubenstein did that effectively with jim baker who was the former secretary of state. early times, carlucci was another one who worked in the defense department . it is a lot of door opening, and what these guys will do is make a lot of money.

. >> lindsay goldberg based in new york verizon is leading the dow we mentioned the nfl talks but wellst to outperform price target 50. they say the bad news is out that we'll get more fiber plans and that's going to add visibility about costs and they are focused on 5g which is still a prove me technology at this point or prove it or however you want to put it it depends on who you talk to, but real deployment of 5g is some ways out. >> for verizon, they want to be ahead on that. remember the stock has been hit lately when the sprint t-mobile talks fell apart, suddenly the idea that oh, man we're still going to have four competitors, shareholders are didn't take that too well. you could make the argument again, argue why the deal never would have passed antitrust muster in the first place. if verizon stock gets hit on the idea they'll remain four as opposed to potential of three. >> a lot of people have been playing these just by looking at the cell phone tower companies, that's the way i look at watch american tower, that often tells you ahead what the talks are. i remember last week

he will become a partner at lindsay goldberg, according to firm executives.he company has about $50 billion in capital and specializes in investing and family and found a run this is. the move marks a return to finances for mr. lew, who worked for two years at citigroup. his purposes are at the treasury ,epartment, timothy geithner became the private equity firm president after he left the government. from new jersey, democrat line, next up, sue. caller: good morning. can you hear me? guest: -- host: i can. caller: i was thinking about mr. trump's reaction to the father of those three boys, or one of the boys. i do not know if i can make a remark about that? host: you can, but what do you think about jeff flake's statements first? caller: i think he is one of the intellectuals, one of the few intellectuals, and in that party. i think he is very honest. and he is very proper. host: so you think what he says about the future of the republican party is right. why is that? caller: because he has been watching this crazy messed from day one, coming down the escala

guest on this program has a new gig this morning, former treasury secretary jack lew joining lindsay goldberge $15 billion in capital and specializes in investing in family and founder run businesses the move marks a return to finance for lew who worked at citigroup in between cabinet level stints in the clinton and obama administrations. >> and who is it that invented the selfie >> yes, anthony weiner -- no, it's not anthony >> he perfected it. >> a version of it he's in prison we should layoff him for a while -- no, okay. it was paris hilton making a bold claim over the weekend tweeting that she and britney spears invented the selfie 11 years ago. users on twitter agreed with evidence of other selfies throughout history, including bill nye, the junk science guy and george harrison. >> science guy. >> he doesn't have a degree in science -- anyway. >> frank sinatra too in our ear right now cult leader charles manson died at the age of 83 the california department of corrections said he passed from natural causes in a hospital he was serving a life sentence for ordering the murders much nine p