incredible. >> joining us for the last word, madeleine albright. served under president clinton, she is a supporter for hillary clinton for president. your reaction to what we heard donald trump saying. vladimir putin gets an a. for leadership. >> it is great to be on the show. i find that fact that trump admires people like putin, who is a kgb officer, allowing no freedom in his count reese. and it is stunning, very troubling. in terms of somebody who is running for president of the united states. people listen to what he says i am troubled by it i travel abroad all the time. people can't understand, when someone running for president can be so completely irresponsible in what he says. i was listening to what david and andy were saying about secretary clinton's speech. i think she did a fascinating job in combining the political part of this with a substantive foreign policy speech. she talked about what has to be done at home. how important alliances are. how clear we need to be with our adversaries. the zingers, she made clear that donald trump

a conversation with madeleine albright and alan greenspan.om washington and blended this june 27 grade i am tom keene. european eggs flat out front and center this morning. francine: you still tried to frome out the aftershocks thursday. markets across the board are little bit lower. certainly, it is the banks being hit the most. tom: we are really watching take tick.ake -- tick by right now, first word news in new york with taylor raikes. : british prime minister david cameron addresses parliament today. he says he will leave office in october following the vote to leave the eu. he is leaving details of the british exit to his successor. boris johnson says that fears of the consequences are wildly overdone and of sites are being ignored. says contingency plans are in place to shore of the economy. butays that he stands by the uk's in a position to confront the risk. according to people familiar with the matter, the italian $44rnment may inject million of capital into the banks. the brexit vote sparked a .elloff by italian investors the brexi

madeleine albright said that exit -- brexit is a win for russia.leased with what happened. this works to his advantage, because one of his agenda items has been to cause disruption in the european union, to make sure it splits apart, so i think the important part is how nato will function together, and what signals there are for what the eu generally is going to be doing. matt: joining us from washington is marc grossman, former ambassador to turkey. he is now vice-chairman at the cowen group. thanks for being here. i want to ask you about what we hollande,m francois angela merkel, matteo renzi today, it seems there is unity. marc: i'm not so sure. i saw the press conference, but if you combine that with the speech david cameron gave, which you have just shown on your program, i'm not so sure there's any consensus about timing here. keeps theat uncertainty going. mr. cameron said, we will not move forward on article 50 anytime soon, and the leaders seemed insistent they start getting going. one thing that will have to happen, people will have to fo

i echo the assessment of my dear friend madeleine albright who says, and i quote, ajc remains indispensable. no one understands more clearly the need for vigilance and the danger of silence. so, on behalf of president ob a obama, thank you for more than a century of doing the sacred work of building a better world for us all. if ajc were a person like stan, it would be the biggest mensch in the world. next week is the festival of shbuoat. as jews do every year, congregations will read from the book of ruth as ruth pledges herself to her mother-in-law and to israel. wherever you go, i will go. wherever you stay, i will stay. your people will be my people, and your god, my god. that profound expression of family and faith, that joining together of fates is the spirit animating the relationship between the people of the united states and the people of israel. it's an ironclad bond. it's a solemn promise that endures, from generation to generation. ever since president truman recognized israel just 11 minutes after it declared independence, that doesn't mean we always agree on every issue. like

no idea under which context those questions were asked but as a follow-up i do know we had madeleine albright here obviously the nato alliance is very important to europe with the two sides of the ocean more closely together. what we can do to leverage our nato allies. we are a global entity entity, 70 percent of those defense resources are spent by the estate's i realize we have other responsibilities outside of nato but what is the real leverage point for those better someone laggards that violate the treaty commitment? we keep pressuring all of us on both sides of the ideal to talk with counterparts in utica and other places where we're the provider of security services we appreciate so much especially in afghanistan we appreciate their commitment that we still only have four countries honoring the monetary side of the treaty. >> that combination has motivated in ways we have not seen for many years as we head toward commitments to defense spending 70 percent of the allies are making those commitments and most are now increasing their defense budgets and within a few years we will be in do

it was madeleine albright who put salt in the wounds who said that trump would fail her own class at't have somebody in there that doesn't understand the issues and then make snap decisions. by the way, i'm a professor at georgetown university. and i teach a course on decision making. donald trump would flunk my course. >>> meanwhile, trump doubled down on his attacks on the district judge presiding over his trump university case telling the "wall street journal" the judge has a quote, absolute conflict in presiding over the case, given that he is of mexican heritage. he says because he's quote building a wall it's an inheerntss conflict -- inherent conflict of interest. the statement said, trump continues to inject divisive politics into the contest and now it had bled over into his legal troubles. the case will be heard following the 2016 general election. >>> and then there's bernie sanders who's moving full steam ahead tone tuesday's -- into tuesday's primary and he's enlisted the help of singer dave matthews. >>> finally while evens jonah ryan may be the most obnoxious on televi

the secretary of state of the united states, madeleine albright will join us in conversation on radioevision worldwide. good morning. ♪ edition ofa special bloomberg surveillance. spain, italy, united kingdom, it has become circuitous. ?hat about the american economy michael has been gaining frequent-flier miles over the last few days. or we going to go into recession? look liket does not it. there will be an effect on the u.s. economy but it will be small. jp morgan and goldman sachs have taken down there forecast from 2% to about 2.25%. the u.k. as our biggest greatest partner. it wille three ways affect the economy. three possible general global slowdown. we see less demand around the world for anything, including american roddick's. you can see the contribution net exports have made to u.s. gdp. second, concerns about confidence in general. ceos made pullback. not street and ceo's do like uncertainty and that is what will have for a long time. the dollar will probably be the biggest impact because as the dollar gets stronger, we see inflation though down. we will import the inflat

a programming note for tomorrow, we will bring you an exclusive interview with madeleine albright tomorrow0 a.m. in new york. ♪ vonnie: live from new york and london, i am vonnie quinn. it mark: this is a special edition of embark targets. for thes the brexit federal reserve? our next guest says the decision to leave the ee will delay the fed from hiking. joining us on the phone is kathy jones. thank you for joining us. kathy: my pleasure. mark: i am looking at our work function. i'm sure you have seen it. it looks at the odds of a said rate hike this year. july, 0%. september, 0%. surely the fed is not more likely to cut? kathy: we'll take a it cut is very likely. that will probably be one of the last choice is that they make. some sort of easing was going to be. they might choose quantitative easing over a rate cut. they have so little room to maneuver around rates unless they want to go negative. the more likely scenario is there is a hold for the indefinite future. we may not in the rate hike at all. it won't be for december. mark: what does it mean for the 10 year yield? how long befo

fed chair, alan greenspan, former secretary of state, madeleine albright, and citigroup head of mma, tage. what does happen to global mma with this amount of uncertainty in europe? >> i think everybody sits on their money right now. they think it will go away relatively soon. they said, right now, there's so much uncertainty and people will driey.ing them welcome back, john, thank you for joining us on sunday. as we get ready for markets to open tomorrow morning, the question is, how would they react in the united states as well as your? what is the real effect on the u.s. economy potentially pulling out of the eu? rectified the first comes through trade. u.s. exports to the u.k. are only 0.3% of our national output . exports to the whole of the eu u.k., isluding the only about 1.5%. the direct leverage of economic weakness in europe, if it arises from this, on to the u.s. through trade is relatively small. we're talking about tweaking 1/10 of a point, or two. there are two other things to think about. one is the potential to strengthen the dollar. the pound is already at the weakest

madeleine albright says she is not sure the british people understood what they were voting for whencided to ask the european union. albright tells bloomberg television at least one road leader is happy with thursday's outcome, vladimir putin. could -- mr. putin is pleased with what happened at brexit. this works to his advantage. one of his agenda items is to cause disruption to the european union. i think the important part is how nato will continue to whation together and also signals there are for what the eu generally will be doing. mark: secretary albright called the current wave dangerous and said the same trend brought about world wars one and two. prosecutors in paris have manslaughter inquiry into a crash that killed 66 people. authorities say there is no evidence linking the crash to terrorism. investigators decided to start the probe before analyzing the flight data and voice recorders based on evidence gathered so far. the plane was in route from paris to cairo when it crashed into the mediterranean's knee. two big ruling from the u.s. in court on the last day of its cur

secretary of state madeleine albright say she is not sure the british people understood what they were voting for when they decided to exit the e.u. albright told bloomberg one world leader is happy with the outcome, vladimir putin. >> mr. putin is very pleased with what happened with brexit. this works to his advantage because one of his agenda items has been to cause this reduction within the european union, to make sure it splits apart. mark: albright says nato will continue to be the stabilizer in europe. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am mark crumpton. "bloomberg west" is next. ♪ emily: i am emily chang and this is "bloomberg west." coming up, the brexit vote and backlash. we will find out what it means for investors. plus, the largest tech ipo of the year shedding its price range off brexit concerns. we will dig into implications ahead. we will hear from megan smith on how the white house is making it easier for to bring their ideas to market. but first to our lead, global markets continue to reel in the

secretary of state madeleine albright say she is not sure the british people understood what they were they decided to exit the e.u. bloomberg one world leader is happy with the outcome, vladimir putin. >> mr. putin is very pleased with what happened with brexit. this works to his advantage because one of his agenda items has been to cause this reduction within the european union, to make sure it splits apart.

we have madeleine albright, former secretary of state and ambassador to the u.n.ir of the national democratic institute. always good to have you on new day. >> great to be with you, chris. thank you. >> so, let's leave all the name calling to the side that went on during this speech and in response to it and let's get to some of the basic arguments. the trump basic argument is the world is worse. obama as president has made it worse. hillary clinton was there with him. how can she argue that she knows the answers when she created the problem? your response. >> well, first of all, thealigation is wrong. the world is very complicated. it has come about as a result of actions that took place during the bush administration. if president obama is going to be blamed for everything, the bottom line is the situation was created then when america's reputation was damaged and democracy was militarized. but i think that what is important is to understand secretary clinton's record. she is the one that in fact was able to move on sanctions on iran. was able to rebalance our p

you have to pay attention but national security experts, remember the open letter from madeleine albright and david petraeus saying this is right thing to do. henry kissinger as well. this is something important and right things to do. >> jessica? >> yes, ford. >> you're basically putting national security at risk. you say 24 months. that sounds great to the general public in terms of vetting. these people have no papers. you have no idea who they are. you want to look good and play election games. bottom line one or two to blow something up. guess what you will have huge problem. this is bad idea. you're putting national security at risk. >> i'm not just playing for election. that is not what this is about, we have long history of the taking people in this country. we're a nation of immigrants. and it is the right thing to do. to be cautious about it and safe. trish: let me jump in for a moment, let's not forget isis promised to seed these refugee groups with jihadists. you look at the challenges right now that ford, europe is experiencing, and it's clear that this has not been in any wa

detractors, some are suggesting that she is relying too heavily on, if you will the madeleine albrightrescription is, if you don't vote for a woman, you're going to hell? you have a special place in hell, i may have misquoted her slightly. >> special place in hell were the exact words for any woman that doesn't support. she is not a great great candidate, retail politician. she has terribly checkered past. she has a cloud over her, that is funnel cloud, out of oklahoma and the sky is turning green around her. we're waiting for the fbi to finish their investigation, and presumably, indict her, if there is any justice left in the world. so, congratulations to the democrat party in having a woman. another element, we had a african-american president, last two terms, it kind of takes the fun a little bit out of a woman becoming the democrat nominee and it being hillary, takes a lot of fun out of it for everyone i think also. lou: chris, sir, suggesting she has never been a good candidate. she only has to be good candidate once and this candidate would take place over the next five or so mo

me, which i first started flying after it was rolled out to replace seven oh seven's, then madeleine albright 757 has not has not been updated in all these years. there's a back story as to why cannot get from here to europe without a refuel and shannon, it involves the appropriations committee at the time and the need to refuel in alaska, senator ted stevens made sure it was not a longer-range plane. we we shared many long flights and reveals together then he moved on to the white house and has the unique perspective of covering both hillary clinton and barack obama. i want to ask you to speak a moment about your book and then i'll ask you some questions and then questions from the audience. "alter egos" is the perfect roadmap, not only to hillary clinton's mind and heart and the political strength and witnesses , but the obama legacy inform policy, the relationship between these two fascinating political figures and it is the template i think for those of us who are political junkies against which to view this campaign. such as it is in the last 48 hours we see the shape of the general elec

. ♪ your huge you for response to our conversations with alan, madeleine albright, and of course mervynhought lord king was yesterday -- was amazing yesterday on his vigilant stance with, "everybody calm down." francine: very measured, very on the ball. tom: now joining us, we're thrilled to bring you michael , who has created a storm of debate on the governance of american banks. i love your comment, "i love you, i hate you, i love you, i hate you." michael mayo, the u.s. banks -- are they going to lose jobs because of this crisis in london? michael: the u.s. banks have the worst revenue growth in 80 years before brexit, so there is no question banks need to control costs. you are going to be reducing jobs, compensation, and the fallout from brexit for the large u.s. banks would be the cost of doing business goes up, there are capital market headwinds, increased complexity, currency risk, and lastly, central banks for longer interest rates. tom: you're the only one i know who actually understands the derivation of the modern bank of america. 85 mergers since 1910. within that is the id

madeleine albright weighed in with tom keene and michael mckee. >> mr.ery pleased with what happened -- mr. putin is very pleased with what happened with brexit. one of his agenda items has been to cause disruption within the european union to make sure that it splits apart. i think the important part is how nato will continue to function together and also what signals there are for the eu general. there's a school of thought that says nato will have trouble with security arrangements in europe because the europeans may not be getting along. another that says because they are not getting along and they don't know what's going to happen, they will rely more on nato and this could reinvigorate that organization. >> i think nato continues to be the stabilizer in many ways in the alliance that has helped together the land -- the longest. they will be looking to see how security arrangements can be strengthened. a lot of the issues are going to do with what nato is going to do in central and eastern europe. i'm sure they have to consider the entire security p

i echo the assessment of my dear friend, madeleine albright, who remainsd i quote, "ajc indispensableerstands more clearly the need for vigilance and the danger of silence." so, on behalf of president obama, thank you for more than a century of doing the sacred work olam, of building a better world for us all. stan, where a person like it would be the biggest mensch in the world. [applause] like ajc were a person stan, it would be the biggest mensch in the world. next week is the festival of some old -- of sabbaoth. they will read from the book of ruth as ruth pledges herself to her mother-in-law and the nation of israel, "wherever you go, i will go. wherever you stay, i will stay. your people will be my people, and your god, my god." that profound expression of family and faith, that joining together of faiths is the spirit animating the relationship between the people of the united states and the people of israel. it's an ironclad bond. it's a solemn promise that endures. generation."ion to [applause] ever since president , just recognized israel 11 minutes after it declared indepen

i echo the assessment of my dear friend, madeleine albright, who says, and i quote, "ajc remains indispensableno one understands more clearly the need for vigilance and the danger of silence." so, on behalf of president obama, thank you for more than a century of doing the sacred work of tikkun olam, of building a better world for us all. if ajc where a person like stan, it would be the biggest mensch in the world. [applause] next week is the festival of sabbaoth. congregations around the world will read from the book of ruth as ruth pledges herself to her mother-in-law and the nation of israel, "wherever you go, i will go. wherever you stay, i will stay. your people will be my people, and your god, my god." that profound expression of family and faith, that joining together of faiths is the spirit animating the relationship between the people of the united states and the people of israel. it's an ironclad bond. it's a solemn promise that endures. "from generation to generation." [applause] susan: ever since president truman recognized israel, just 11 minutes after it declared independence --

brightthat matalin all -- madeleine albright and dr.inger laid out a path for peace when they spoke before the foreign relations committee. they talked about unfettered inspections and dismantlement of weapons of mass destruction. i agree it will not be easy. it will be impossible. but there is no doubt in my mind that we should lay out that path , and try for complete, unfettered inspections, with nothing off limits, to be followed by dismantlement of the weapons. to those who say it whenever work, maybe they are right. but madam president, we have massiveever, pulled the trigger of the weapons on a nation that has not attacked us first. debating, says the cameras came, there have been five votes in the senate on authorizing the use of force. a significant are these debates sending our military to work? guest: there is nothing more significant for a legislative body to decide then to decide to send men and women into or to risk their lives. i find it interesting that in the senate committing troops to battle go to filibuster. i have as

i felt that madeleine albright and dr. henry kissinger laid out the path for peace when they spoke before the foreign relations committee. unfettered about inspections and dismantlement of weapons of mass destruction. as they said, and i agree, it will not be easy. maybe, madam president, it will be impossible, but there is no doubt in my mind that we should and try for path complete, unfettered inspections was nothing off-limits to be followed by dismantlement of those weapons. for those who say it will never work, maybe they are right. but madam president, we have never, never posed a massive aigger of our weapons on nation that is not attacked us first. >> debating the american involvement in military actions. by our count thereof in five votes in the senate on authorizing the use of military force. how significant are these debates over sending our military to war? mr. frumin: there is nothing more significant for a legislative body, for a government to decide then to send his men and women into war, to risk their live

. >> coming up when madeleine albright said this about women, remember, women who don't back hillarycheers and applause] >> that was albright the theologian. she has made news again for defending hillary. what she said top of the hour. plus you have seen this incredible video out of the state of texas. entire neighborhoods and cars left by devastating flodz there now cars being sold. they are hitting the market and you are buying them. tell you how to spot a car that's been under water before you purchase it. ♪ i believe it all is coming to an end ♪ well i guess we are going to pretend ♪ let's see how a & a financial we've come ♪ let's see how far however we've come. . . >>> heavy rains this past week have led to devastating flooding in texas. take a look at this amateur video capturing the moments two people escaped from an suv. it was just moments before floodwater overtook the car carrying it away. but now flood damaged cars are flooding the market. so how do you spot a lemon? here with some tips is a personal editor for the international business times. good to have you here. thi

let's put the quote on the screen from madeleine albright.e made a mistake and nobody is going to die as a result of anything that happened on emails. >> wrong on two accounts. four people did die in benghazi, and we don't know why or under what circumstances or why they weren't given adequate protection at the embassy. the second thing, if hillary clinton compromised secure information, some of that secure information was things like, this is the name of the spy we have operating at the highest levels of al qaeda. that's the kind of thing that is compartmentalized in top secret, secure information. if that was compromised or hacked into, if some bad guy, some other country got their hands on it, that probably did cost lives. martha: thank you, kt i want to mention you wrote a great piece on foxnews.com about the foreign policy, so-called foreign policy speech yesterday that hillary made. so i would encourage everybody to check that out. thank you. great to see you as always. leland? leland: fox news alert. there is tragedy in texas, four mis

calculating and cavaliered, clinton would agree with her old pal, madeleine albright, what's the purpose of having a superb military if we can't use it. the stern rebuke to that uestion later provided general colin powell that the military is not a toy is lost on the ne rombings cons and clinton. among clinton's weakness, her fear of appearing weak may be her first damning. the second neocon priority, a new cold war with russia. and putin, antagonistic, makes this objective more within reach but trump might avoid it as well. clinton repeats over and over that russia only understands a tough and determined opponent. while trump may have a more sophisticated and mature approach. far less pet lent than most of the former republican candidates, trump said he would actually talk to putin. that takes real courage given the general view among republican elite. contrast that with clinton who says we shouldn't be talking too much to putin and we should further expand nato because in her view russia would be an even greater threat had it not been for nato expansion. of course to admit that -- to a

venus williams, lucille ball, sandra day o'connor, condoleezza rice and madeleine albright and presumptive presidential nominee hillary rodham clinton. many of these high achievers attribute their early exposure to female leadership to their experiences in scouting, the highest award that a girl scout can earn, the gold award, is a critical lesson in leadership. our speaker, ceo of the girl scouts of the u.s.a., anna maria chavez is here to talk about the gold award. they must design, plan, execute to win the gold award. chavez credits her experiences as a girl scout with kindling her interest in public service, helping her to see possibilities beyond the small borders of the town of elroy, arizona. she has had several positions in the bill clinton administration and as deputy chief of staff to janet napolitano. she oversaw food services programs to the hungry and worked for people with domestic violence. since becoming the ceo of the girl scouts of the usa four years ago, this yale alumn has been named one of the world's 50 greatest leaders by "fortune" magazine. she has taken the organiz

i know we had madeleine albright here, we had people of various persuasions in here. obviously, the nato alliance is very important to us and very important to europe. as is hopefully t-tip over time where we end up economically tying the two sides of the ocean more closely together. what is it, on the other hand, we can do to leverage our nato allies, which let's face it, we're a global entity. 70% of the defense resources are spent by the united states. 30% by them. i realize we have other responsibilities around the world outside of nato, but what is it -- what is the real leverage point to get, for lack of a better word, those who are somewhat being laggards, if you will, violating the treaty agreement, the 2% level of agreement. we keep wringing our hands, pressuring all of us on both sides of the aisle talk with our counterparts at munich and other places, but it just continues to be the case where we are the provider of security services. we appreciate so much what they did to help us, especially in afghanistan, which was a very unusual circumstance. we appreci