wall street investment banker didn't list that he was an investment banker at goldman sacks sanford bernstein and it's a very diversified city. the question si have is this going to be a tail of two cities fwaws incumbent mayor in new york city is trying to change the tale of two cities. it's becoming a tale of two cities. could you comment on that? >> on all of my bio it talks about goldman sacks and i'm proud of it because if you understand my background and my family's background. my family is in newark every day for the last decade. when i went through college and graduate school and got a job at goldman sacks which is the most pretigeyouse bank in the world. if you would have told me ten years ago that working at goldman sachs would be a scarlet let ner many ways i would have said you are crazy. i don't view it that every single one of them is bad because they work in an industry. it's not fair. i left after 9/11 to enlist in the marine corps. i was happy at my job and i was happy in the marine corps because of any service there. it's not fair to brush every single person who works in a

sanford bernstein raise their price target on the google $1500 from your team that -- $1350.y that removed risk. west" this"bloomberg afternoon on what it means for google as they have to figure out how to figure out for eric schmidt's payout for it >> apple and google are teaming up to fight patent lawsuits. they are urging the supreme court to collect lawyer fees from patentholders who lose infringement lawsuits brits apple and google have been hit with patent related lawsuits almost 200 times each in the last five years. value is baba average over 150 ilium dollars valuation. 150 billion dollars. they will go public this year in the biggest ipo since facebook and that will have a big impact on yahoo!. sony is close to selling his japanese pc unit. the jot -- the buyer is said to be in investment group. a widerale as part of restructuring at sony that could be announced as early as tomorrow. let's move to michael jason because there is a lot going on with tech hearings in d.c. havenet companies disclosed company times they had to turn over request to the government. wanting

cis is according to a sanford bernstein analyst.the winter storms of forcing united to cut revenue projections. the airline says revenue will drop after it canceled 22,000 flights due to the weather. no overall figure on how much lower the revenue will be but it prompted one analyst to forecast a much deeper loss this quarter at united. adam? >> we are going to take a very quick rate. when we come back, cut the ukraine be on the verge of tearing itself apart? we will be on the ground in kiev. right here. "bloomberg surveillance" on bloomberg television, streaming live on your tablet, phone, and bloomberg.com, and we will be back with frank keating, former governor of oklahoma and current president of the american bankers association. ♪ >> where did the month of february go? eventful in washington, foreign policy in geopolitics playing a debate inn a february washington. of course, a terrific budget report yesterday showing less of , giving pause as they awaken washington. coming up in the next hour, we are honored to bring you charl

. >> capital investment, we have a guest later from sanford bernstein talking about just that. those are the dynamics find the sector. we are still looking at emerging markets clues for where the mining sector is heading. >> we are looking towards china specifically. a big chunk of this company, 40% of revenue. if you are looking towards china, they can see 60% of global iron ore output. what we are seeing in reality is demand from china being quite resilient on the year, taking higher if anything. the cost of iron ore has started to trend lower but the concern abated by demand in china remaining strong. 2014 globalg for output as 100 million tons on a global basis. investors are going to be quite happy with that increase in the dividend. >> more cash to come maybe from rio tinto as they cut back on capital expenditure. stay with bloomberg for more on rio. >> the u.s. cable giant comcast is said to have agreed to by time warner cable in a deal worth $44 billion. this is according to four people familiar with the situation. here with more is manus cranny. how does the deal stack

her meteoric rise from covering the banks as an analyst at sanford bernstein to running one as the cfo citigroup is the stuff of industry legend. the ascent was not without its views. at the height out of the financial crisis after warring with vikram pandit. she was then running merrill lynch after its acquisition by bank of america. she ran wealth management for bank of america until brian moynihan illuminated her position in a shakeup. sallie krawcheck battled her way to the top of a male-dominated industry twice. bet on is making a new women. an owns a 85 broads, organization to connect women in the work licensure is mapping out a new strategy for wall street's female rising stars. sallie krawcheck is "in the loop." it, thinkou have about your meteoric rise on wall street and still, we do not see a woman running a bang. we have janet yellen running the running gm and hillary clinton could be the next president. >> we have not gone sideways, we have gone backwards because this is what happens during crises. what i saw when i was on wall street is it is not getting rid of people who