. >> we work with organizations that run the gamut from procter and gamble to the international aids vaccine initiative. there is an art and science to taking a problem and making a well-defined problems out of that. it is kind of that average -- that at age -- that addage. you might have 100 individuals trying to solve the challenge of the same time. we are allowing them to assemble into teens and teens can find each other in aggregate to find better business -- building materials and trying to find a better material to avoid fingerprints on the front of your pga. -- pga -- pda. we think that is a solution to get 7 billion people working on the problems that matter. >> what is next? for us, 2010 is about going green. the entertainment industry is going through a change. we make a product and put out a disk and put it out in retail. in our case, would provide a peripheral that you have to physically picked up at the store and play. if you look at the games that are being created today and becoming popular, you'll see that games are going on-line. a great example is it -- is that all

procter and gamble, general lechter, general motors, and most recently in 1973, fedex. so, they're very interesting. we have -- one of the newest was started by a doctor and another woman, very interesting. this is a hot and cold pack that has both heating and cooling properties. you can stick it in the microwave. this one is for your eyes. makes you want to go back to sleep. this local company is based in howard county. this just started because she handed her a key pack -- pea pack for her eyes. they came up with it this idf. similarly, i covered another company -- they came up with this idea. similarly, i covered another company that came up with at the idea of stem cell sutures. this is in the pre-revenue and i have nothing to show you, but it was born from conversation. >> a good year to do that. before we run out of time, we want to get to the employment picture, particularly contract in which is seeing an uptick? >> all the -- contract thing, which -- contracting, which is seeing an uptick? >> the downside is that there will not be insurance or benefits, but the

. >> we work with organizations that run the gamut from procter and gamble to the international aids vaccine initiative. there is an art and science to taking a problem and making a well-defined problems out of that. it is kind of that average -- that at age -- that addage. you might have 100 individuals trying to solve the challenge of the same time. we are allowing them to assemble into teens and teens can find each other in aggregate to find better business -- building materials and trying to find a better material to avoid fingerprints on the front of your pga. -- pga -- pda. we think that is a solution to get 7 billion people working on the problems that matter. >> what is next? for us, 2010 is about going green. the entertainment industry is going through a change. we make a product and put out a disk and put it out in retail. in our case, would provide a peripheral that you have to physically picked up at the store and play. if you look at the games that are being created today and becoming popular, you'll see that games are going on-line. a great example is it -- is that all

troops will remain, and american companies, procter and gamble, coca-cola, infrastructure and consumergood companies, will rush into north korea to take advantage. god help the north koreans when they get there on mcdonald's -- their own mcdonald's, but american companies will rush in to take advantage of the opportunities. i don't think it will be anywhere near enough to sustain the rehabilitation process. even though i don't think unification is going to happen anytime soon, i think is going to be a very, very expensive process. with that, i know the korean embassy does not follow the victim that you should -- the dictum that you should get the work out of the way first, but i would like to opening up for discussion. my friend christian caryl, an old "newsweek" friend, was in berlin when the wall fell in 1989. i would like to get feedback and comments and questions. i would be happy to talk about any subject i have not discussed. if you get tired of talking about unification, you name it, i am happy to talk about it. with that caught fire away with your questions. -- with that, fire

troops will remain in the american companies whether from bechtel to procter & gamble and coca-cola and cargill and infrastructure and consumer goods companies will rush in to take the advantage of them. god help the north koreans when they get there on mcdonnell's but american companies will rush in to take advantage of the opportunities in north korea so the burden will fall exclusively on the south korean people or any government but i done think that's going to be enough -- near enough to sustain the rehabilitation process. so that's why even though i don't think unification's going to happen anytime soon i think it's going to be a very expensive process. with that, i know of the korean embassy does not follow the dictator that you should eat before viewing the dimas mountains so we are getting our work out of the way first so i don't want to keep us to a long from a nice lunch but i would like to open things up for discussion. also my friend a christian carl, told newsweek ran, he was in berlin when the wall fell in 89 and wrote some exciting stories, work that he has done. i would

the big companies like procter & gamble and g.e., both major important citizens in cincinnati, those major companies don't need that much help to figure out how they're going to export products. smaller companies of five, 10, 50, 100, 200 employees need some assistance. when they try to export, when they work with another country trying to sell their products in another country, so often other countries whom they are competing with, other companies in other countries with whom they're competing, those countries -- those companies usually have their government standing right side by side with them in partnership. that's what we need to do for our small businesses, our -- especially our small manufacturers who are trying to sell more products abroad creating jobs in this country. we know for every billion dollars that we export, we create about -- create in our country whether it's in albuquerque or whether it's in ashland, ohio, santa fe or whether it's in sidney, ohio, we know $1 billion in exports creates 15,000 jobs. right now we have a huge deficits. hundreds of billions of dollar

someone posts a challenge on your web site -- >> we work with organizations running the gamut from procterover the world can engage with. if you ask the right question the right way, that has become of the art and science. when you put it over the internet and you invite people all over the world to solve those problems, today we work individually. you might have 100 individuals or organizations around the world trying to solve a challenge at the same time. we are allowing them to assemble into teams and teams can find each other and aggregate to work on better building materials in africa were trying to identify better materials to avoid a fingerprint on your psda. we have people who would have never worked on these problems working on these problems. we're getting 7 billion people to work on the problems that matter. >> what is next? in the spirit of today's conversation, 2010 is about going grain. what do i mean? for us, the game industry is going through a fundamental change. traditionally, it has been a packaged food business where we make a product, put it out for retail. i think tha

i think that's in anywhere if we had been more proactive, we the federal reserve, have been more procter, it would have been helpful because i believe, again responding to senator bunning that it was not monetary policy so much as problems in the mortgage market that led to the housing boom and bust. secondly, while again, as you kindly put it, there were mistakes made all around including other regulators, the private sector, congress and so on, in the area where we had responsibility in the bank holding companies. we should have done more. we should have required more capital, more liquidity. we should have required tougher risk management controls. i think the summary is that, and to be quite frank, you talked about clairvoyance. i did not anticipate a crisis of this magnitude in the severity. but given that it happened, many of the base, but not all of them serta, but at least some of them were not adequately prepared in terms of their reserves, in terms of their liquidity, that is a mistake we won't make again. and i advocate not only strengthening regulation, and strengthening supe