he says one of the reasons for the difficulties is overcapacity, but not to overgeneralize when it comesthe banking sector. >> there are many hundreds of small banks who do a very good job about serving their clients. we certainly don't want to disrupt that. banks thatre other could be consolidated. portfolio manager at pimco, mike amey, go with us. amey, he is talking about bank consolidation. does that make sense to you? >> the european banking sector is weak. you can see that if you look at the bank's stock index. there is the challenge their of lower interest rates and the challenge that put some interest margins. i think he has a point. europe is generally overbanked and could do with consolidation. entitieslian and german have come under the most pressure this year, two heavily banked countries. if you look at the countries that are doing better, spain is a classic example. they took quite decisive measures to consolidate their banking system and the spanish economy is doing quite well. the data is there any message is quite clear. anna: what is the message? take decisive action an

historians would go crazy from a overgeneralization but it comes from the institution of patriarchalystems in europe. it caused overpopulation and people to invade others'lands. in order to justify that, you had to say these people are inferior. you are almost doing them a favor. charlie: they can't govern themselves. there was all kinds of craziness that proved racial inferiority. we have to undo that and it is because as the old cultures will tell us, it takes for generations to heal one act of violence. -- four for generations generations to heal one act of violence? you are way less likely to do it capriciously if you if you will normalize it in one generation, you grow up. -- human beings have a long history of dependency. 80% of our brains develop outside the mother's body in culture. the good news is we are adaptable. the bad news is we are adaptable. we can come to believe that race andeal, that gender is real that hierarchy is real. that there are real divisions? there is a long way to go. at least we have a vision of it and we understand that the way we are currently organi

i have already made gross overgeneralizations. look at mountain view and palo alto. we are living in the elizabethan era of our time. if you go to florence at the time of leonardo we look around, doesn't seem like a culture that invest in things like architecture or art? long-standing notion of itself? of course not. look at the past or go to new york, every school, every hospital is named after some rich douche bag who competes for social prestige by funding hospitals was i went to icon hospital but somehow never walked into it. in general i think the notion of giving back is funding other startups which is a way of sitting back but not like carnegie building a library in every american town, those beautiful libraries are carnegie libraries, that is a legacy he left and somehow the feeling of giving back or investing in the city, nobody cares. that is a feeling i get. look around, this does not seem like florence, they are not patronizing. there are exceptions. . obviously there are exceptions. you are right. progress of a different era. probably i don't know if it

i'm sure historians would go crazy with my overgeneralization, but it comes from the institution of patriarchalystems in europe. it caused overpopulation and colonialism to go off and invade other people's lands. in order to justify that, you had to say these people are inferior. you are almost doing them a favor. they cannot adapt to the future. charlie: they can't govern themselves. gloria: there was all kinds of craziness that proved racial inferiority. they were 100% wrong. we have to undo that, and it is not easy because as the old cultures will tell us, it takes four generations to heal one act of violence. charlie: four generations to heal one act of violence? gloria: that is their cautionary note when they are choosing -- if they feel the have to be validated out of self-defense but you are way less likely to do it capriciously if you understand if you will normalize it in one generation, you grow up. because we as human beings have a long history of dependency. because, what, 80% of our brains develop outside the mother's body in culture. so, the good news is we are adaptable. and the

erik: what are you going to do is one ofalia, that the questions that prompted perhaps the overgeneralizationn my part and in singapore. these are things people wonder. juan: i think they are different. we continue to grow. the way in which to produce a take in the asian markets. erik: are those stakes that you plan to keep? we planese are the ones to optimize, so i think they are slightly different. we have more a strategic relationship with wilmer and react a little bit closer and a little bit more hands-off and australia. we are excited about both of them. erik: another example of this shift, as you describe it, is the business you have been soliciting. juan: yes. erik: what is the status of that? ,uan: we have received a bid several types. some of them are for joint venture, some of them for outright merger. we are in the process of analyzing. some of these are very integrated units, so we need to think about the synergy of one versus the other, so we are analyzing those. erik: characterizing the valuations, are they attractive enough? juan: they are very good and there was competitive te

she said she generalized, overgeneralized but this will be used by the trump campaign to rally his base probably not going to rally that many middle of the road democrats or independents. john: there are reports, whispers the democrats are concerned about the overall campaign, might be looking for a stand-in? >> i think it's far-fetched. the fact that it's being mentioned at npr by people who, you know, like roberts who is not a right-leaning commentator saying that this is being talked about in democratic circles, i think is to be noted but far-fetched at this point. >> bret, we will look at you at special report tonight. jenna: regardless of who wins in november the next american president will have to deal with north korea. south korean officials say the country could conduct another nuclear test at any time. as you might recall the north korea carried out fifth test, concerns that the country is making progress with missile technology. greg in london with more. greg. >> you are absolutely right. officials in seoul saying there's a blast, calling him foolish for ignoring in the words

and right away, she was clear she overgeneralized. difference clearly is that what we have seen is really bad behavior and donald trump not condemning it, this faux outrage all of a sudden hurts donald trump's rallies? >> give me a break. he's spent his entire campaign insulting his way into the poles, he's lived on it, breathed on it, he feeds on it. it's crazy that this is all of a sudden now, we're going to think that because he's reading someone else's words from a teleprompter that he finds it so upsetting? >> it's not donald trump's feelings that are hurt, this statement skeweded disdain for americans everywhere, it was the typical hollywood wall street journal looking down on the rest of america it was a kind of awful elitism, a disrespect for the values and way of life for most americans. >> it was condemning racism, condemn i condemning. >> it was con demming the things that happen in the campaign. >> may i finish? >> let me point out the racism i see in this campaign. whenever african-americans are addressed, the big issue i

i don't want to overgeneralize. african-american vote is so key, look in the charlotte area, the charlotte suburbs, go up to the research trieng until raleigh-durham, there are doctors and lawyers and researchers and professionals who happen to be african-americans who are critical to the vote in that state and some of them are open to republicans on taxing and spending and smaller government issues but it's the language he uses that i think gets him into the trouble. again, we should applaud the effort but think he needs to spend more time in the community because he'll learn the language better. >> we've got to take a break. we've got much more ahead on tonight's breaking news aurks lot more on politics also coming up but we'll look at the charges federal investigators have filed against the suspect in the bombings in new york and new jersey. the latest on that. ♪ mapping the oceans. where we explore. protecting biodiversity. everywhere we work. defeating malaria. improving energy efficiency. developing more clean

that came from, i'm sure an historian would go crazy from my overgeneralization -- but the institution of patriarchal systems in europe caused overpopulation, caused colonialism to go off and invade other people's lands and so on and so on, and in order to justify that you had to say these people are inferior, you're almost doing them a favor, you know, they can't adapt to the future. there came to be all these theories with skull measurements and all kinds of craziness that proved racial inferiority and were 100% wrong. so, you know, we have to undo that, and it's not easy because, as the old cultures will tell us, it takes four generations to heal one act of violence. >> rose: four generations to heal one act of violence? >> that's their cautionary note when they're choosing -- if they may feel they have to be violent out of self-defense, but you're way less likely to do it capriciously if you understand that if you normalize it in one generation, then you grow up -- you know, because we as human beings have this enormous, long period of dependency because, you know, 80% of our brain

hillary clinton did walk back a bit that comment, saying she didn't mean to overgeneralize by saying half of his supporters belong in this so-called basket of deplorables, but she left it out there she finds some of the support she's getting deplorable. there's one with a sign that says he's deplorable and proud of it. we haven't heard officially from incampaign on what he's going to talk about, but we expect the hammer to come down on the deplorable line. iowa is a battleground state. there was a poll released yesterday showing between a two and four-person race, donald trump holding a slim read in the statistical margin of error. this is a tight race in iowa. we expect both candidates to make their way back to iowa between now and election day. >> deplorable and proud of it. at the donald trump event last night, two attendees broke out into a fist fight. so there is some, you know, hillary clinton is making a point that does resonate with some. >> yeah, apparently, this was going on while donald trump was talking about this whole deplorable line. let's take a look at the video. you

one of the reasons for this will noty is capacity overgeneralize when it comes to the banking sector.ndreds more banks that do a very good job serving their clients. that.'t want to disrupt there are other banks that could be profitably consolidated. guy: of the banks that are not small that could be profitably consolidated. deutsche bank setting up 1.33% this morning absolutely -- after being absolutely slammed yesterday getting to a record low. chart. the today we are down 6.3%. difficult days for john cryan. of pmb bear about is still here. -- bnp paribas is still here. >> certainly from our perspective, we would argue that the key driver of euro-dollar is policy divergence or a lack of. really there is all eyes on the fed. this is really what is driving euro-dollar. had we gotten a rate hike from the fed last week, i would argue the dollar would be stronger. euro-dollar would be lower, really what the fed has done his kick the can down the road. the market is now focusing on december. we think they go in december but that is a way off. markets will need convincing and will do rang

i don't want to overgeneralize.an-american vote is so key, look in the charlotte area and charlotte suburbs. go up to the research triangle in raleigh-durham, there are doctors and researchers and professionals who happen to be african-american and who are critical to the vote, and some of them are open to taxes and spending, but it's the language he uses that gets him into trouble. again, we should applaud the effort, but i think he needs to spend more time in the community, because he'll learn the language better. >> we've got to take a break. much more ahead on tonight's breaking news, more on politics coming up. but we'll take a look at the charges federal investigators are filed against the suspects in the bombings in new york and new jersey. the latest on that. tween you ans beautiful moments. flonase gives you more complete allergy relief. most allergy pills only control one inflammatory substance. flonase controls 6. and six is greater than one. flonase changes everything. ♪ always has to be who sat your des

. >> enough of the overgeneralizations.o get specific? i'm happy to. i could give you a list of 1,000 statements he has made. >> let's just do the news. people know the statements. >> they do? i don't think they actually think of them in context. >> well, why don't we -- why don't we move forward, and there's a david duke clip. >> oh, yeah. >> and that will remind everybody that donald trump pretended that he didn't know who david duke was or the ku klux klan. >> right. >> let's read the news and see what happens. >> after a day off the campaign trail in honor of 9/11, donald trump came roaring back against hillary clinton for her comment that half of his supporters belong in a basket of deplorables. she called it a gross generalization. >> what kind of basket is that? you weave it? >> macrame. >> the word became a point of pride for some trump backers wearing it on t-shirts and put ping it on signs. >> can i stop you right there. can we show the picture again? what hillary clinton has done here is she's created a community

presumably, republicans would be worried about defense cuts, democrats worried about discretionary, to overgeneralize. they did not put revenues into the sequester, i assume, because it was too hard to include them. i think that was a mistake. we did an internal commission at the center of a number of years ago, and we had a plan where you would have debt targets that you would have to get to, so that it was coming down relative to the economy. if you fail to get there, there would be across-the-board spending cuts and revenue increases. it was many of the republicans that were a part of the commission who said you need to have the revenue increases. that is what we will not be able to tolerate. we will not let the sequester's hit. but the lesson of sequester, there are two models. you fill it with bad that lawmakers will not get it in place. we have learned that we do not know how to make it bad enough because we allow them to be in place. the other thing when you built sequester, that you build ones that are pretty decent policy that went -- if they wanted to place. smart triggers. if the governmen

they're on their feet 18 hours a day, seven days a week, and sometimes they make mistakes, they overgeneralize, they get the fraction wrong. obviously she shouldn't have said that half of trump's supporters are deplorable or fit into any category at all. as her statement today makes clear, she didn't mean to do that. what she's saying is there is this alt-right, this segment of the trump base that has been kind of let out from below the baseboards of american politics that are showing racism and anti-semitism and misogyny, and it is deplorable. >> she said even before stating that that it was grossly generalistic, meaning she may have had trepidation about saying it before. but when you listen to what bryan llenas reported, this is something she's said before, even on israeli tv. what is hillary thinking, sarah? she's talking about an issue that can cause a badge of honor for those who are following trump and maybe a rallying cry t to fire up the base, those who heretofore were not sympathetic to trump and his supporters but now might consider it. >> right, she's upped the enthusiasm level amo

she said she overgeneralized and regretted using the word half. a third would be all right?it at all. you can say an element of trump's campaign supporters believe whatever. this is almost justice in a way. they did not announce her diagnosis when they should have. we deserve to hear what the diagnosis was. if she followed her doctor's advice at the time she wouldn't have been at that fundraiser and wouldn't have said that phrase that is going to haunt her through the end of the campaigning if she becomes president in the white house. >> good ad always to hear from you. >> thank you. >>> this is a tale of two pictures. samsung recalling galaxy note 7 because of battery explosions. one setting a jeep on fire in florida while charging. then there is apple, the first-ever published photos from the iphone 7 plus. this is a shot from the vikings season opener. tim cook tweeting touchdown iphone 7. is apple going to get a boost from samsung' problems? gene, great to have you with us. samsung is recalling 2.5 million phones. the timing couldn't be better if there were going to be s