of risk? you know, let's take a look at the different types of threats. if you saygç what is acceptable in allowing a terrorist into the united states along the southern border? that level of risk is very small, in my mind, right? we have to do everything and anything which, by the way, the reason why when we look at how do we assess that risk, right first we take a look --í,r(÷ ifh anybody askedË6=ime, chief,6m v is the border secure or not, we transition it ;2 state of the border? if you're talking about the arizona corridor, let's have that discussion about arizona. because what i'm about to explain in arizona may or may not apply in a state like south texas. so the first thing we do and this is a continuous process by the way, we'll take a look at what the intelligence excerpts are. what is the internal telling us about the intent and1i) capability of any adversary, regardless of who they are in& that spectrum and define the threat for us. the border patrol doesn't do that. we don't own th

of risk?> that is an excellent question. you know, let's take a look at the different types of threats, right? if you say what is acceptable in allowing a terrorist into the united states along the southern border, that level of risk is very small in my mind, right? we have to do everything and anything. which, by the way, the reason why, when we look at how do we assess that risk, right, first we take a look -- if anybody asked me chief, is the border secure or not, we transition that to, what is the state of the border? let's take a geographic section. if you're talking about the arizona corridor let's have that discussion about arizona. because what i'm about to explain in arizona may or may not apply in a place like south texas. so the first thing we do, and this is a continuous process, by the way. we'll take a look at what the intelligence estimates are, we'll take a look at the current intel. what is intel telling us in terms of the intent and capability of any particular adversary rega

, an unmeasured risk, a risk just for the you know adrenalin rush. that doesn't appeal to me. >> what does it feel like walking in space and going blind, i'll speak with chris hadfield about his scariest moment after this. o. >> i'm thomas drayton. you're watching "talk to al jazeera." my guest this week is astronaut chris hadfield. was there a heart pounding moment in space, a moment that scared you? >> the only time i felt a raw animal shiver of fear go up my back was watching a shooting star like a meet meteorite enter the atmosphere. there is darkness and then a blistering streak of light cuts across the sky. my first reaction was wow, beautiful, a shooting sar. but my thought was then, what was that, a ball one derg ancient rock coming in at 20 -- blundering rock coming in, if it was a little higher it would have hit us, instead of feeling like i was on the front of the titanic like king of the world suddenly my.spaceship felt like a little bubble. >> you went blind in space. wasn't that scary or dangerous? >> we only go out when we need the dex

an acceptable risk? we looked to examples like drowsy driving or examples like drunk driving. driving under the influence of alcohol. to try to understand society's tolerance for risks from drugs and one of the things we look at is the legal definition. not to give legal advice but to warn patients about if you take this particular drug, would you be impaired to the same degree that you might be from alcohol at the legal limit for driving? i think too that normally when you think of adverse events from drugs, you think about injury to your liver or skin reactions. that kind of thing. certainly crashes are a serious adverse event and even the whole -- even if it's not illegal, being stopped by the police is something that patients would be interested in avoiding. so the car crashes are right in the middle of frequent events and rare events. so that if you give somebody a drug and they get into a car crash, they are frequent enough so you can't say necessarily that the drug caused the car crash and rare en

he is the ceo of control risk. do they have any of the risk map? they published a risk map from. jim is not just the ceo of control risk, he has experience as an operator in the intelligence field area to his right is mark schneider. a he is from the international crisis group. he has had many positions in government. he was the director of the peace corps. it's great to have him here to talk about the handout for his organization, the 10 worst watch. he will talk about what's wrong with that assessment. we will have our own hall stairs -- paul stairs. he prevented the priorities survey. he is the author of 10 books. he is at brookings and other places as well. what i would like to do is have a vibrant discussion with the entire group. we will start off with each of our panelists giving a brief overview of the work that their organization has been doing. we think about all the crises in the world. talk about the criteria and the way you think through how to rank order things in your methodology. do all that really briefly. we will start with jim. >> thank you ray much. it's great

not all risk is equal.and, again, we're not espousing that we're the experts in understanding risk and mitigating risk. there's a whole host of those and perhaps some of you in the audience that can help us in the outyears try and understand how to we actually implement and manage this. we're really at the infancy in understanding this new shift in our strategy and how, how do you assess risk. and by the way the border patrol's not going to be the only one, you know, dictating what is acceptable. there's a whole bunch of voters out there i'm sure are going to have a voice in this. >> actually, if i could follow up on that and ask robert a question regarding, you know, not all risks are created equal, and when you have a risk-based strategy, you have to take several factors into consideration. one of your articles talked about a traditional approach and traditional capabilities in technology, and so could you talk a little bit about capabilities in approaching the risks as identified in a strategy and the so

you know, if i was going to take any risk at all, i'd rather take the risk making a story that wasn't being told. and i was concerned that the iraqi perspective would be neglected. so i came and st- stayed in baghdad and worked in baghdad, instead of working embedded with us military. >> it used to be that you could do a mix of both. i tried to keep it 50/50, so that i saw the war from the soldier's point of view, and i saw the war from the local iraqi's point of view. >> journalists play this vital role as sort of an outside presence, an independent person to sort of see how this war is being conducted. >> if you want to get to some of these stories, you have to take the risks of the people who are living through the same thing, and sometimes that means risking torture, risking kidnapping, risking death. >> i faced tremendous amount of danger. i was shot at several times. my car still ha-- bears the marks of uh. of bullets. i was chased several times. i got messages, uhm. letters were taped on the outdoor of my house. >> kidnapping was, and is, a very real problem in iraq. criminal g

here are the fringe cases here are the failure points and risk risks. how do we infiltrate those for ooir aircraft. >> i said that the highest priority most difficult research studies that i identified had to do with issues, the question of verification valuation and version and how you go about setting appropriate standards of risk that apply to these light, srksusas systems in a world that was meant to deal with manned large aircraft systems of mass. it's a very different world and commands very high priority in our view. >> as dr. hanson mentioned, the harder problem of inoperability, particularly with the larger aircraft so that's something that nasa has taken on. we're doing that research. so the sense and avoid work. but also, as you, the sense and avoid systems work, how you display that information to the pilots so that they can make informed decisions and we're doing research in both of those areas in up isority of the oritysupport of the faas standard development. >> thank you that's all helpful. those whoa have thoughts honw to integrate as w

the key issue remains how do you allocate the risk how do you limit the risk. the options come down to how do you buy. it is equivalent to the size of the euro economy. 14% would be french debt. the other aspect is who buys and holds the risk in their own books. the risks are that national central banks will be told to buy a portion of the debt and keep the risk on their books. if spain or portugal want to buy heavily their own country's debt, german taxpayers don't end up bearing the risk of that. that might end up with the german public. this is quite a sticking point. the concern is if you make this too complicated, it makes it too hard to convey the message to investors the governing council is serious and reduces the effectiveness. the simplest way would be the ecb buys a lot, the risk is shared, and there you go. >> nothing is simple in europe. i know you're going to be a busy day -- to have a busy day. is there a risk this thursday becomes too complex to understand what they are really doing? >> the expectations are pretty high. we need to get something

vaccines are not without risk. they do have risks. that are many many children that get injured by vaccines every year, and i feel like that's something that's not talked about very much. >> they don't cause very many deaths. >> dr. blumberg, one thing that talking about off the top of the show is this confusion right, you have a symptom, or you have a concern you google it and you get 100 different answers and they are impossible to discern emily is talking about the risks are these manufactured risks from people who are naive and posting things online? or are there valid risks that parents should be having conversations with their kids physician before freeing to these vaccines? >> every medical treatment every vaccine has side effects and does have real risks associated with it. and so disimportant to know that there are risks with vaccines. however, for all the chide high school vaccines the benefits vastly outweigh any of those risks. parents should get good information relate dodd the vaccines i want parents do feel very comfort

the main risks and some of the lesser risks of drugs, which goes to patients, too. foñ i think the pointarmacists is about the risks of drugs is :wb@f1vz something that the fda is very upá÷ interested in doing, and fy1/v increasing the awareness of a patients about the risks of drugs for driving and trying to ]tu"ç figure out strategies to reach patients about those risks.3b %eñ 5ñ >> thank you.9zbhhr member rosekind? >> thank you.zbrggé"em dr. ohayon i'm going to start with you. we often talk about crashes being at the top of the pyramid, especially in human performance issues, we're always concerned 4qo cf1 o about the near misses underneath that, the errors below that. so the first panel we talked, ;v"% mr. teft on the spot, 400,000 crashes, maybe 5,000 fatalities every year. 13.4 million from your z fbs)ulation surveyed, that's a big number, twice the risk.abha so give us some comparisons so &+sú÷>&? hw18! qclv@ ( @r(t&háhp &hc% we have a sense of other kinds of issues that you look at. there was a little bit about mental health issues there but tell us where that 13.4 million sort o

the income impact from the 93 percent that shifts out so we elbow that is supportive of taking on risk earlier on the the glide path so we have a captain forensic slide 12 is the distribution of outcomes with we see with we simulate the possible results using our meaning contribution rates and model contribution rates this is the district of columbia source income relative to the total in case the total income includes pension and social security if there is any and this is the target for the targeted funds the distribution results and the fact that the income replacement as i mentioned earlier the target of $16,000 on an annual basis is lower than what we see for the medium or lower than the target for the medium contribution rates that's one reason we model with the model contribution rates a low possibility of success with the low values transcribed but generally their higher like the pension and social security that we are incorporated into the process any questions on slide 12 >> yeah. a couple so to cut to the chase that in the year 2014 analysis 78 percent of the income would be

>> the risks compound and increase. bad people do bad things and there is nothing inherently bad about technology or the internet. i would be a great advocate. we have organizations that exist without an embed people try to do bad things. you can do it with little risk of prosecution, compared to physical industries. >> i can do my bit. what should i? >> check your passwords and think when the e-mail comes in. >> not opened automatically. >> basic intelligence. >> think of what happens and you will see the e-mails coming. you have credits. do not click it. if you really think about it, go back to a different route and check it. we will find it there. do not click. think. >> thank you so much. the director of cyber security. terry king. >> we take you back to the move of the morning. the staggering move. it is a staggering decision to end the defense at the 120 level. look at where we are question mark we are down by 30% on that. the qe story and the ecb story is coming up for the national bank will stop they decided to

so from a risk standpoint if you look at uav operations, two risk areas ground impact hazard people being hurt by drones coming out of the sky or mid air collision risks. the ground impact hazard, you can do the analysis -- it really scales significantly by vehicle mass. studies have been done and you can look at the risk versus the reliability required to compared compare those with manned airplanes in said standards there. from the air born collision risk standpoint it also scales with size so for very small uavs we design airplanes so they can take bird strikes so an interesting question is what is the threshold mass for a uav for which the existing regulatory guidance on bird striking criteria would allow you to work there. above that size, you need some method to separate airplanes. the easiest thing is to do segregation. that's where we're working now. the hard is to come up as i said before, concepts of operation that would allow you to operate in the same air space and be coordinated in some way. that's where we really need to work is the concepts. >> i would agree with that. that

one of the risk fatters with cervical cancers is hpv but there are other risk factors. smoking is another one. oral contraceptive pills are one, and multiple partners et cetera. all of these are risk factors. but early on the answer to your question, it seems based on the recommendation hpv tests could be very effective, because we can find that as opposed to real cancer of precancerous lesions that you can find more after the age of 30 so you can combine pap and hpv tests after 30 but at a younger age get hpv test. >> do you have to request that? because it's just one exam? >> look it's always -- this is what comes down the pipeline from the guidelines that we have. so gynecologist to gynecologist may practice differently but you can talk to them. ask them, and also, it's prevented. >> how about a vaccine? the kids -- boys getting a shot? >> that's a very good point. so there are two vaccines available. a lot of people may or may not know this but at the age of 11 or 12, you can get the vaccine that can prevent you from getting this hpv. if you have it, it's not as eff

he's ceo of control risks do we have any other risk map here? we have recently published the risk map, which is a pretty interactive piece online as well. jim is not just the ceo of control risk. he has great experience as an operator. he's had many positions in government, you can read all their bios in the handouts. he is also the director of the peace corps it's great to have him here to have him here to talk about the handout for his organization is the ten wars to watch, he'll talk a little bit about what's wrong with that and what's right with that particular assessment. and finally, we have our own cfr's paul astairs, who's the director for the center for preventative action and they have published the preventive priorities survey. paul is the author of about ten books, soon to be is11, i think. >> hopefully. >> and experience at u.s. institute of peace, brookings and a number of other places as well. so what i would like to do actually, i would like to have a vibrant discussion with the entire group in the room, but we'll start off with

how big is political risk in 2015?ink it is very big and particularly in certain cases, for example, in the u.k., it begs a much bigger question that could have significant macroeconomic effects. let's say we get some sort of coalition. it will involve some sort of euro referendum and that could really do for investment and anybody particularly wanted to get involved in u.k. asset. over the next 18 months even. in the eurozone, if you view it in the metric that you have a collection, you have places like spain where you could be reacting to the whole crisis a variable for their popularity, and you could have a fairly significant shift in the political landscape, and that is not going to be lost on the people in brussels and in frankfurt, and, again, that is one of the big arguments that i think does support qe coming along. what europe needs more than anything else is growth. that is what it needs. and just as we saw in japan with abenomics, they put all of their chips on the table. the political agenda could be encour

i think that in many settings where you have a risk like driving that's such an every day risk, we all get in our wbnéçcars it is such a familiar, comfortable risk, that we all take just about every day, that when a vehicle is used for work purposes, there's not necessarily the sensitization to that as a really significant workplace risk because it is such -- it is something we don't even think about. >> how do we deal with the kind of concept -- you talked about it a little bit with the police officers -- that their duty is so important that they just need to fight through fatigue. >> well i think -- in my view, i think the biggest blockade if you will and policing is the. >> caller: tur of the occupation. if we could dent the culture, we could probably do a lot better. but it is so engrained from tradition and it is so engrained in firefighters, for example, and police officers that we can do it without sleep. we can do all of these things and we don't need to get the sleep. we need to break through that. we need to look more at the sociology of that culture. the culture that doesn't

>> so from a risk standpoint, if you look at the risk of uav operations we don't have the risk to the passengers on board so the to risk areas are ground impact hazard people being hurt by drones coming out of the sky, or midair collision risks. the ground impact hazard, you can do the analysis. it really scale significantly by vehicle mass. and studies have and imagine you could look can look at the risk versus the reliability required, compare those with manned airplanes and set standards. from the airborne collision with standpoint it also scales with size. so very, very small uavs you design airplanes so they can take bird strikes. interesting research question is what is the threshold mass for a uav for which the existing regulatory guidance on bird strike criteria would allow you to work there. about that size you need some method to separate the airplanes. the easy thing is to desegregation. that's where we are working now. the hard is to come up with as i said before concepts of operation that would allow you to operate in the same airspace and the coordinated similar. that's

>> the risk is small and things could happen. the risk is quite low, as far as this is concerned.hey could happen. it is in the price of the dollar. looking at the last six months, we have seen the increase in the index that is substantial and it will continue at a slower pace. >> does greece move the euro? >> i do nothing with see -- i do not think that we see a scenario similar to the second quarter of 2012 and i want to differentiate between the big picture and the fluctuations. i think that i have little doubt that around the election time and after there will be fluctuation and pressure. the big furniture -- the big picture is that greece is not that relevant right now. >> not even the situation with the chancellor and the similar situation in spain. >> we need to differentiate the scenarios. the central scenario, looking right now is the lead narrowing and we will have to see correlations. we'll have to see coalitions with parties willing to incorporate. we will see a significant turn from compliance with the european peers. we will go back into a dollar strength scenario wi

and political risk around sterling.is more nor -- what is the more negative outcome for struggling in this campaign? there are three possible. you can get some form of coalition. what would make strong negative? >> each of those three scenarios, a split vote. not too much focusing on the referendum on either end. the deficit, referendum conservatives have promised by 2017, or potentially the s&p does well with the legs coalition and the skies referendum will be back. maybe one-party doing well. -- with the latest coalition and the scottish referendum will be back. the broader the coalition, the probably worth it is. >> let's start with the referendum. on your call of the euro, you reference the political risk saw the euro trading below financial estimates. we know it is reasonable risk. but for sterling, could you say the same thing for sterling? >> slightly extreme and we look at the scottish referendum and a little preview of what political risk, like. maybe 2%, 3% when it fell hard in september. probably the start of

they may not be as risk averse as, you know, men or a little bit more on the risk taker side.ould be more transactional based. a lot of the research and studies, even the men with the highest levels of testosterone take more risks. afraid to cut their losses. while women might be more prone to do it. charles: the one word is practical. matt: i heard was testosterone. >> all you heard was testosterone. right? they are. they do their due diligence. they focus on their homework. they know when they can cut their losses and walk away. >> which works well in the year we have. this could work against us when we had a better market year. that could work against women for being less risk taking. charles: let's talk about the real, real deal with all this. since this show is about solutions and how to make things better. i want to talk about why men are down so much. yesterday a letter came out, there was a fund manager who came out, these older 65 guys give the money to the money managers who haven't done a great job. a money manager called kanarcie capital. i lost it all. now i'm dow

the 2nd goal is to reduce taxpayer risk. risk. the primary way that we do this is by increasing the role of private capitol in the mortgage market. in 2014 ff hfa triple the enterprises credit risk transfer requirement and the enterprises executed transfers on single-family mortgages with a combined unpaid principal balance of over $300 billion last year. use the models that have already proven successful other ways of transferring and reducing risk to taxpayers. our 3rd goal is to build a new securitization infrastructure used by the enterprises. last year we defined the government structure of the common securitization plan and the enterprises announced a feel for this joint venture the common securitization platform technology and a single security. our strategic plan and 3rd 2015 scorecard offer affordable rental housing for the enterprises. peace weather is adequate private-sector coverage and to ensure that affordable housing and that the housing needs of people in rural and other underserved areas are met f hfa is also focu

free. 60 days risk free. use promo code: onguard. order now and get this document shredder to keep sensitive documents out of the wrong hands. a $29 value free. call the number on your screen or go to lifelock.com/onguard to try 60 days of lifelock identity theft protection risk free and get a document shredder free. call the number on your screen right now. >>> welcome to worldwide exchange live from the world economic forum here in davos. >> these are your headlines from around the world. >>> less than three hours to go until the ecb finally announces a widely expected qe plan. the cnbc sources confirming mario draghi aims to buy 50 billion euros in bonds a month. portugal's economy minister tells me qe will be crucial. >> this program of quantitative easing i think might play a very important role in -- for us in europe to have a normal inflation. >> but leading economists tell cnbc the euro area needs more than it is likely to get today. former member of the bank of england's monetary policy committee say

operations, we don't have the risk to the passengers on-board so the two risk areas are ground impactrd. people being hurt by drones coming out of the sky or mid-air collision risk. the ground impact hazard you can do the analysis. it really scales significantly by vehicle mass. so we -- in studies have been done and can you look at risk versus reliability required to compare those with manned airplanes in set standards there. from the airborne collision risk standpoint it also scales with size. for very very small uavs, we design airplanes so they can take bird strikes. so an interesting research question is what is the threshold mass for uav for which the existing regulatory guidance on bird strike criteria would allow you to work there. above that size you need some method to separate the airplanes. the easy thing is to do segregation. okay? that's where we're working now. the hard is to come up with concepts of operation that would allow you to operate in the same airspace and be coordinated in some way. that's what we get to work more is the concepts. >> i would agree with that.

so they take risks but they want to be well educated about those risks before investing.ed to take note. 81% of these women use an adviser but their satisfaction level is very low. 38% actually say they're relying less on their advisers now. among the reasons, too much focus by advisers on products rather than planning and not enough communication. back to you guys. >> robert, stay right there. by the way, what's the threshold income level for these women we're talking about ? >> it's at least $200,000 but many are over $400,000. >> i want to bring? gemma godfrey. it's agreedgreat to see you again. the women you have been dealing with, has there been some sort of massive shift of mentality, is it the millennials? >> the interesting and most important take away is that financial advisers to survive they need to do two things. they need to communicate better and they need to embrace new technology. so what we heard was the fact that most of the dissatisfaction has been driven by poor communication, and the reason is that many of us in finance are guilty of trying to sound s

you're doubling down, which always carries risk.ck with cramer if you want to know more about how to actually manage your retirement money so you can build lasting wealth for you and your family. there is much more "mad money" ahead. americans are living longer these days and yes, that should change the way you prepare for retirement. i hope you fill the golden years with green and suspects the 401 k match doesn't cut it. when to go above and beyond your normal contribution. ira, 401 k, both i'm weighing in. stick with cramer. >>> everybody in this country wants to get rich quick except for hippy types that don't believe in currency, want to live off the grid but to make obscene amounts of money overnight is peddling a scam or doing something illegal. how about the meth operation in "breaking bad." i love when he came on "mad money" and talked about his product being like apples. you didn't need the fabulous distribution network, that darn pure blue meth sold itself but spoiler alert, that get rich scheme ended real bad. the best mo

ility of risk of drugs. all drug have risk. what's an acceptable risk? the legale%l 8÷ definition, not to give leap advice toc!"s warnéa patients aboutw= b if you take this particular drug, wouls3gÑ you be impaired to the same degree that you might be from alcohol at ther , legally. for driving and i think too that normally when you think of adverse events from drugs you think about injury to your liver or skinjfrj÷ reactions that kind of thing, but certainly crashes areí@fy seriousv) adverse event and ;f #1 oÕven the whole even if it's notrthvñ illegal, being stopped by the police, that would certainly be something thatp06" patients interested in avoiding. so the car crashes are kind of right in the middle of frequent bcseuj and rare events soz$#: that if you give somebody a drug they're frequent enough you can't say:drdy necessarily the car caused the crash, yet they're rare enough if you do a clinical trial of an experimentalk:ja 6zyñÑx tvdrug you see a few core crashes,?mi3t you don't have the statistical power to determine most of the time if the dr

we are doing risk transference. anytime the private sector can't cover the risk and we take on that responsibility you, the taxpayers are backing it. it may be good policy the desire and intent of congress, which i would support, but i must always caution that in transferring risk back to the flood insurance program which is over 20 billion in debt we have to understand that it is not an accurately sound program we will not be able to pay back that any growing and exposure may be good policy, but it is one that we need to go forward and understand what the risk is. the challenge is understanding the infrastructure and how we protect but also how we enforce the future and ensure we don't continue to grow risk which does not mean we cannot building coastal areas. it does mean we have to build differently. the question that i would narrow back down to is, we have got a lot of businesses, a lot of homes property that is exposed. insurance is not available or affordable. it would be a huge economic loss. if it makes sens

are and also contributes to people being at risk for hiv.make it hard for people who are hiv positive and living with hiv and aids, hard for them to access services as well. the criminal justice system plays a large part, the fact that we have not adopted legal syringe access programs here throughout the south also makes it difficult. >> so that social profile that you just laid out i mean after all when we are talking about truvada it is a very expensive medication but we're also talking about a population that has trouble accessing medical scare and is still at greatly risk for infection. where -- >> yes. >> doshes prepdoes prep fall into that profile? >> i'm really not sure. hiv continues to be one of those things that those who are at the bottom still have a hard time accessing medication, getting to their doctors appointment and fitting it in with their everyday life. so i think there will be people who will be able to access it easily and there will be people who cannot and it will be some of the same things i feel like we're seeing no

those entities that use the hedges to mitigate commercial risk. if regulators raise the cost of the end-user transactions they may create more risk. it is imperative that the regulators do not unnecessarily diapered working capital from our economy into the margin accounts in a way that would discourage hedging by end-users or impair economic growth. and i might add to that quote from the senators that it would also increase cost in the marketplace to consumers. stand-alone legislation passed the house to fix this problem last congress with 411 votes broad bipartisan support. in the senate legislation to deal with the end-user programs introduced originally by a bipartisan group of six democrats and six republicans. congressional intent was to provide an explicit extension of the margin requirements from margin requirements from the nonfinancial end-users that qualified for the exemption which this language accomplishes unless congress acts the new regulations would make it more expensive for farmers manufacturers for energy producers and many sma

free. 60 days risk free. promo code: onguard. order now and get this document shredder to keep sensitive documents out of the wrong hands. a $29 value free. call the number on your screen or go to lifelock.com/onguard to try 60 days of lifelock identity theft protection risk free and get a document shredder free. call the number on your screen right now. >>> a big market day. >> here are your headlines from around the world. >> we'll start with switzerland. jumping against the euro as the swiss national bank drops the 120 minimum exchange rate and cuts the interest rate to minus 0.75%. >> the decision surprises markets and european marks turn sharply lower. and u.s. futures also making a u-turn into the red. >> bank of america and city group reporting before the bell. >> no deal on the line. blackberry shares reverse course after jumping as much as 30% after the phone makers and samsung deny a report of a deal. >>> you're watching worldwide exchange. bringing you business news from around the globe. >> and th

our retention effort will focus these patients at risk of becoming loss to care or loss in care. it's important this is feasible and a financially sound initiative because the expansion of access to health insurance due to the affordable care act so we have a great debt of thanks to president obama. let me introduce my consortium members presenting today. dr. diane hadley chief of the division of san francisco aids in san francisco general hospital. dr. susan buck binder at bridge and at san francisco department of public health and kneel jewel ano and the first presenter and the chief executive officer of the san francisco aids foundation. >> good morning. thank you mr. chairman, supervisors. i will present some information today just to give you an up date on the data and you will hear specifically about the proposal in a bit as well. this pin wheel is important. it's as important as it is colorful because it represents all of the various partners within the community who are involved, members of the consortium, partnering organizations in the public and private sector as well

risk associated with surgery and anesthesia as well as risks associated with taking a daily hormone and injections, to cause super ovulation. the most common and serious short-term risks is a very and hyperstimulation syndrome. >> with this syndrome, it is the result of the ovary being put into hyper drive. it is producing a lot of eggs. and when you do that to a persons body, it also produces other changes in the body which can actually, in some people, can have the risk of death. >> in june of 2009, new york state became the first in the united states to offer compensation to young women who donate their eggs for scientific research. under this debated read -- legislation, women could make up to $60,000 in exchange for their eggs. >> now i see a shift. all of a sudden we have money injuring him, in terms of research. and we see young women being looked at, as a market for eggs. a woman has become a walking ovary. and ovary factory, an egg factory. i think women should not be treated that way. >> why do you need more eggs? >> because we need more cells. one study says, as many as 1

the mix of risk assets.e tactical views really anchor around near term forecasts, and if we think we're going to be in for a rough couple of years, which i say we do not, but if we do like we did in 2007-2008, we do scale back risk, and we do it across the whole path. we will take bigger derisking bets. >> we were talking earlier off camera about something that is always perplexing to me about target day funds which that becomes immensely popular. they're practically in every 401k. millions of investors millions of them in your funds. >>ly have the money i need for retirement. an investor needs to discuss something on a deeper level. >> it's the real risk with investing for 401k plans is there's an implicit aassumption or some people think there's a promise there that we're going to be able to generate the returns, and the thing about defind contribution plans is that they're defined contribution, and the money you put in is as important or more important than what we're able to do to generate returns for yo

risk of getting sick.have governments come up with that money you need this broad awareness. encourage these governments come even though these people are far away and not often seen and these deaths are one at a time not this one a tragedy, it does grab people, this ongoing set of diarrheal deaths or pneumonia deaths that if you have an awareness of debt and see it can be cut you volunteer time or give money but you make your government takes some of its resources come even 1% would be jus very generous and give that to poor countries. >> we will have more of his exclusive interview with bill gates throw the day on bloomberg and more tonight on "charlie rose." build belichick spoke to the media today -- build belichick spoke to the deflated ball controversy. >> i came in monday morning and i was shocked to learn of the news reports about the football'ss. i had no knowledge whatsoever of this situation until monday morning. i have learned a lot more about this process in the last three days than i knew in

. >> i had put myself at risk by having unsafe sex. i learned that they didn't disclose their hiv status. >> gourdine ended up testing negative for hiv, but the experience left him shaken, and the new awareness of what engaging in risky behavior could mean. >> i was concerned, devastating. that is the one word that describes it. >> now he takes a daily pill which he says protects him from ever feeling that fear again. it's part of an overall program called prep or pre-exposure to propalx. it it protects against infection by 92%. >> hiv does not get into the cells. it's met on the surface of the cells by the drug. >> the program includes taking truvada every day and checking in with a doctor every three months. a year of truvada costs $13,000, but most health insurers cover the drug. only an estimated 4,000 people who are hiv negative are taking it. a clinical research director at whitman walker one of washington, d.c.'s oldest clinics serving the gay community. he said that the prep's adoption especially in a high-risk population, coul

i had to weigh the risk, the risk of kids in my office gets measles-- potentially dying-- versus the rights of those parents not to immunize when i thought most of them were making that choice based on bad information. do you have any special concerns? >> reporter: dr. goodman said he's tried for years to educate parents about the safety of vaccines. when you have that talk with them, do they ever change their minds? >> very rainfall and i've tried and tried to convince them and i can't convince them. >> reporter: what are they basing this on? >> all the internet, not based on science. >> reporter: you are the doctor. >> but they believe the internet sometimes more and that's why i took the stance. believe your doctor, listen to your doctor, not the internet. >> reporter: or go somewhere else. >> or go somewhere else. >> reporter: some parents we spoke to who oppose vaccine say they feel bullied by doctors who threaten to drop unimmunized patients but scott, dr. goodman's stance is having an effect. patients are calling for vaccinations. >> pelley: quick action in the cock pist a jet

listen, he did it without a risk. you have to take a certain amount of risk. and hold the right blue chips, you'll get to the same place with less risk. a couple of crashes put that to the test. probably big chunks of money at a time if you want to take the risk and you're aspirational. those looking to maintain, you know, which might be a lot of people around 65. the notion is to go the market route. not swinging for the fences, but looking for your money to make money. doesn't have to make money, but you want to beat the averages. then the rich people like jim. they got that way by knowing that money loses value if you put it in coffee cans. at the same time, you don't want to take the extra risk. the idea is to make sure you don't lose money or value. all right, steve, so to answer your question, i think most investors probably fit those first two categories. you should have foreign investments. also, don't be bashful about taking profits. i hope i answer this question. what do you think, matt? matt: great answer. have your core holdings, that are your long