joining us for more was moritz kraemer. moritz, good to speak to you.hank you very much for joining us. >> good morning to you. >> talk to us about your concern about the netherlands and the core reason for this ratings drop and why you've actually then put an outlook on stable. >> well, before starting talking about the downgrade, i think i want to reiterate and remind the viewers that the rating is aa plus, which is the second highest on a scale of 21. so i encourage everyone to contemplate that rather than just the action down. but what drove the downgrade this morning, as you pointed out in your trailer, we think that the key factor here to watch is the growth potential of the netherlands. we see that those in recent history and in our projections, that the economic dynamism of the dutch economy will lag behind that where we would usually expect for sovereigns and economies at that level of development and prosperity. so this has been the immediate trigger for the rating action that we published this morning. to aa plus. we think, however, that the

journalist michael moritz wrote a history of apple. he dcreshow plstolthe show.y h logoshoted higher th. th h the iression of an established booth, though it was just drap with crpaper. it was, as they say inicon valley, an ord of magnemore advan. though oy threcomputers we at thfa, the company soon took orders for 300. markkula's comment after the show was, "we're going to be a $500 million company." that breakthrough led to full-scale production. the handful of employees moved to cupertino and launched an advertising campaign. apple ii's design set it apart from competitors. first, it was expandable. owners could add circuit boards to run printers or speech-boxes. the computer had more memory capacity, so it could run complicated programs like visicalc. when wozniak produced a disk drive, it revolutionized the way information was entered and stored. apple developed a floppy disk that they could market. it put them ahead of the pack. by september 1980, the apple ii dominated the personal computer market, used at home for fun and profit, in offices for word proce

according to a coroner's report... 21-year old moritz erhardt died of an epileptic seizure after working three straight days for the bank. an autopsy found he was regularly taking medicine to treat epilepsy. erhardt didn't tell bank officials about his condition, according to medical forms. college enrollment is declining. generic shots of college students on generic campuses avoiding school logos if possible. moody's ratings agency reports-- 40% of universities and nonprofit colleges should expect lower tuition revenue growth.. the agency blames depressed family incomes and competitive job prospects for new grads. federal investigators are looking into whether a unit of caterpillar has been scamming customers, then dumping rail parts into the ocean. according to reuters-- "progress rail" allegedly dumped brakes and other parts into the sea to conceal evidence it was replacing rail equipment that was still in good shape. caterpillar is cooperating... and said in a statment-- "this matter will "not" have a material adverse effect on the company's consolidated results of operation, financi

and we have to sit and moritz. um i think we have to stop me now. and do alright in the beginning and not to that big educational programs so the quest to stop the beginning. eu survey shows the gospel to all acts of anti semitic violence and vandalism have received politico media attention they steal a lot to be done to protect the jewish people in europe. this is wilson truly sweet ratios one. in germany the eye he's really crazy when shimon peres has the new york city to ward israel's presidential medal of distinction two nobel laureates author and activist and the weasel. the meadow which is the highest in the and fauna in the state of israel is the state by the president on to individuals who have made an outstanding contribution to the state of israel to humanity. an unnamed woman emily. a warning. we've gone to the table. it doesn't stop warning to humanity. don't get all of those. good deals well all was said to tim and kim. not to trust my articles tomatoes my guest. but kosovo independence. to save the whale and he's trying to stay doing.

i think mulally would be complemented by someone like bill moritz. >> to what degree do you think mulallye is the guy, makes some strange, starts splitting a apart some units? >> if he comes in and says what are we doing to bing? that's a no brainer. xbox, they lose about $2 billion a year in xbox. it is no strategic value. they thought they wanted to control a living room ten years ago against sony. well, guess what, smartphones and tablets came along. that's what controls the internet now. could you buy back 10% of the stock as well, but i think ballmer doesn't want to stay around after say mulally or whoever comes in, it's going to be a pretty painful process to be second guessed constantly by the changes they make. he owns 4% of the stock. i wouldn't be surprised to see microsoft take the $12 billion in borrowing capacity and take him out of the stock. that would enhance earnings 12 cents reducing the share count 4 percentage points. the harder thing to accomplish is what direction do you go to fix the business? we outlined a number of things we thought the company could do in at that