i had an agreement with the dean of undergraduate at wharton. look, i have six courses i'm not coming back in september, this is it. he said if you achieve a certain average for the six courses you'll be good to go. i hit the number right on the number. and he said, well, you're in and you're out, goodbye. but it's been nice knowing you. >> host: you mentioned a moment ago the impulse discoteque. and you write about this in the book. did master mike learn anything from mix master mike, anything that applied to your governance? >> that's possibly some of the best training and i'll tell you why. at the club i met a lot of people, i shook a lot of hands, i had to remember a lot of people, and every now and then, you know, you might have to throw someone out. you know, i'm not like the biggest guy around so i learned some negotiating skills, some people skills on how to nicely put somebody out of a nightclub, and as mayor, you know, i met a lot of people, i shook a lot of hands. i had to remember a lot of folks, and every now and then i had to put s

. >> how did you get to wharton? how did you achieve that? >> it was a long torturous path. 95% torture created by myself not necessarily being the most studious person impulse working 60 hours a week may be studying about 60 minutes. [laughter] so it is clear that morton denied my application because i did not take the full course load that at the time was for courses. then i tried to transfer and said if you do that again and not successful we will kick you out of school. so i said okay but i want to go to wharton for a course of study so switch to the faculty of arts and sciences. same you're not a wort and student and if not we will kick you out of school. so i got more serious about my work i did take courses multiple times so in may 1979 i was six courses short of graduating so for some bizarre reason they let me finish and then i had to go to summer school but with the political deal to have an agreement with the dean of the undergraduate to say you have six courses not coming back until september. this is it. he said if you achieve a

i'm going to talk to wharton expert dr. jeremy siegel one we can expect in march.ore you decide, you should know that chevy silverado's are the most dependable, longest lasting full-size pickups on the road. which means that ford f-150s are not. (laughs) which truck would you pick? the chevy. the chevy. the chevy. there you go. boom. that was obvious. plus it looks cooler. no doubt about it. now they know what to get me. (laughs) charles: a couple of trends have emerged that should warm the hearts of middle america. the stocks where people eat and drink have been on fire, under scoring a renewed confidence. the parents of ihop and applebees, these stocks rallied anywhere from 5% to 10% for the week. this week we are seeing brick and mortar. yesterday dillard's was bidding. the fly-over country, all states won by trump during the presidential election. the key is will it be enough to keep the economy and stock market rally going? let's ask jeremy, a professor at wharton school. >> we saw what happened after the powell testimony to congress. i think the market will b

it's really difficult the moment to wharton electricity is completely cut there are some boreholes of people trying to do as they can with whether they have food also supplies or laws there's lots of people are complaining about being hungry because really there is no all the markets are not functioning we haven't brought a convoy for more than three months now and we had just a tiny one of the fourteenth of february so it's this year it's the physical not knowing if they're going to live another day or not because of the aerial attacks and buildings several buildings collapse when there's baton bombs fall and on top of it is the hunger and of course trying to to conciliate the children and you know elderly or people who are in a vulnerable situation it's just too much and has been going on for now says a thousand and thirteen of the siege so that certainly there an impossible situation and it's one sees is un regional humanitarian coordinator for the syria crisis thank you. and all eyes are on new york right now diplomats at the united nations there are giving it another try to pass

after retiring, he moved back to his hometown of wharton. during his retirement, he's traveled by r.v. to all 48 continental united states and nine providences in canada. he's also traveled the world visiting 42 countries. as he often says, and i'm quoting now, when you're 100 years old, you just go wherever the wind blows you. mr. mccain, thank you for your service to our country and to your community. i hope you had a great 100th birthday. mr. speaker, i'm here today to remember the life of a great constituent and family friend, joe fulton, who passed away recently at the age of 83. joe not only lived in corpus christi, he helped shape the city's skylines. his project as a general contractor included the south texas art museum, the texas state aquarium, the bay front omnihotel, frost bank tower, the courthouse, the terminal at the corpus christi international airport, and waterburger field, home of the corpus christi hooks. fulton's work received national attention when in 1993 the engineering news record named his company, fulton construc

the 15-year-old anthony wharton was shot five times while he used his body as a human shield and remains in the hospital and recovery. thank you for your courage. we are all rooting for you. assistant football coach aaron feis shielded students from a hail of gunfire, giving his life to save others. was thereott bible exceeded his classroom but opened his door to let students run into safety. that cost scott his life but saved the lives of so many others. numerous other teachers sheltered students in their classrooms. tomorrow we will be hosting parents, teachers, and students here at the white house to discuss issues and safety of schools. members of parkland will be anticipating a listening session and people impacted by past school shooting including sandy hook and columbine. on thursday will be hosting officials like law enforcement committee to continue the conversation. as the president has said many times, it is the right of every american child to grow up in a safe community. the begins in america's neighborhoods. the brave when an -- men and women of law enforcement have full su

let's bring in wharton professor jeremy segal for more on where he thinks the market goes from here, professor, welcome back, always good to talk to you >> thanks for having me. >> we had a guest on yesterday, as i mentioned already, who suggested, by history's suggestion, that we were going to go retest those lows. do you think we do that? or is the market making a pretty clear statement today and subsequent days about where we are? >> well, first let me echo and agree with some of your guests, that it was an overreaction yesterday in the market. we have to remember, three weeks ago on january 31st, we hadn't had that stock market correction at all we were two days from the all-time high. remember that crazy st. louis gdp now report, first quarter, going to be 4 to 5%? smart money has it just barely over 2%. and the fourth quarter is probably going to be revised down to 2.4% outside of a little bit of, you know, hotter news on cpi, all that super growththat they expressed concern about, you know, three weeks ago has really cooled down in the recent data that being said, i do think w

[ screaming ] >> these two have submitted to the wharton school at u penn penn, basically one of thehey've wanted to go forever. they've been working super hard. the cool thing they also had their laptop cameras rolling, first person perspective in their face, we get it from the other camera. >> they definitely got it. with a reaction like that, that's incredible and good they both got in, because if one did and the other one didn't that would have sucked. >>> not the only version of this we've got. i've got another one right here. anders is waiting to see if he got into vanderbilt. >> oh my god. oh my god! [ screaming ] >> mom's happy, too. the house is going to be empty -- i mean, yeah, he's going to college. >>> that's our show but there's lots more to see at rightthisminute.com. check it out, and catch us on the next all new "rtm." and i am a senior public safety my namspecialist for pg&e. my job is to help educate our first responders on how to deal with natural gas and electric emergencies. everyday when we go to work we want everyone to work safely and come home safely. i live

honorable dwight bush; discover financial services; enterprise rent-a-car; paul, weiss, rifkind, wharton & garrison llp; price waterhouse coopers; and others. from queens, new york, to the world stage, law has been his calling and justice for all his life's mission. his name is eric holder, and the historymakers, the nation's largest african american video oral history archive, is proud to present "an evening with eric holder," and now to our host tv journalist jonathan capehart. capehart: good evening. his life has been a series of firsts-- the first african american u.s. attorney for the district of columbia, the first african american deputy attorney general, the first african american attorney general of the united states. his life has been committed to excellence and social justice. tonight we are here to celebrate a life well lived, and here to help us is the amazing artistry of mr. raul midon. [playing "invisible chains"] midon: ♪ when i was a little boy vivid dreams were my favorite toy sweet music set me free i closed my eyes to see the invisible chains invisible chains now i've

it's really difficult the moment to wharton electricity's completely cuts there are some boreholes of people trying to do as they can with whether they have food also supplies is very low so there's lots of before complaining about being hungry because really there is no all the markets are not functioning we haven't broke see it a convoy for more than three months now and we had just a tiny one of the fourteenth of february so it's it's this year it's the physical not knowing if they're going to live another day or not because of the aerial attacks and buildings several buildings collapse when this battle bombs fall and on top of it is the hunger and of course trying to do conciliate to children and you know elderly or people who are in a vulnerable situation it's just too much and has been going on for now that says a thousand thirteen of the seats so that's really not an impossible situation i'm as you know of course the u.n. security council is scheduled to consider momentarily a temporary humanitarian resolution again after russia blocked it initially yesterday what would a cease

was a common assumption and no they decided to go back to that all day beach was sort of health for wharton and it's probably done exactly to hit a good excuse for they needed the parade today because the parade is definitely issue no i was going to suggest that this is perhaps an attempt by pyongyang to balance out the soft power of their athletes taking part in the olympics alongside the south with hard power and a show of military might absolutely is the shore of defiance but it's a short of mortars and velde measured defiance as a continuing their charm offensive as they have sent a delegation to there in big games it gives pretty much everybody's expectation and they're the same time they have a military parade their message is simple the a nuclear and missile power and nor much of what we wrote that he made such a power in the face you will future and that he had a nuclear test. would be dangerous but yet what do you make of the seniority then of the delegation if indeed this is true that kim jong un sister is to lead the delegation i mean that's quite significant isnt it. well it's p

i went to wharton. that was the bridge that got me from professional athletics into business. >> so, what's it like in business now i mean, we had a guest -- ice skater, gold medalist who said for him the highs are not the same as they were, obviously, when you win a gold or have that kind of peak career moment what's the business experience been like for you? >> i love it i love it. the stakes are really high as a ceo. you know, when you start to raise venture capital dollars and we've raised over $40 million with tier one vcs. you start building products for large customers like microsoft, dell and hp and products for microsoft del and hp and sis khouw -- the stakes are high i love that pressure, and i love the challenge of building a great team and building a culture and hiring talented people so i'm really enjoying it. >> what's your biggest money mistake, either personal or business, that comes to mind along the way? >> the biggest what? i'm sorry. >> what's your biggest money mistake? it is a ques

i'm a smart guy, i went to wharton, when he's not particularly smart. i would have gone into the building with gun fire to save the students when i don't think he would have gotten near any of it. >> one of the defenses you were seeing from the president up until today when he started calling the officers who did not go in cowards, some people were saying, well, trump isn't saying he would have gone in himself, well, now he is. >> and now the defense subsequent to that is, he's not saying he would have saved the day, but that he would have gone in. well, for -- but, of course, he's saying he would have gone in. and as you're suggesting among his many lies in his life, it's among the most preposterous. and anybody who has a sense of not just him but reality and anybody without a child there would do, who isn't a police officer, running in unarmed it's ridiculous. there are those people as you say who will continue to support and believe him because they are his true believers and can accommodate any fantasy to keep that up. but let's remember what he sai

we are joined by jeremy siegel, university of pennsylvania wharton school professor. -- got one surprise increasingly comfortable that inflation will pick up, albeit gradually. jeremy: yes. one has to remember that meeting was three weeks ago. it was before the stock market selloff. they were seeing much stronger gdp growth than some of the later data. retail sales were very disappointing. the people i follow say that the first for gdp is now looking just a bit over 2% when they were looking at 3% or more. -- away, there's dated month from today, march 21 is going to be an extraordinarily important meeting. the first meeting that jay powell will preside over. also a new look at the dot plot and their expectation of future fed funds rates. the markets should shrug off a lot of what they've seen because there's been so much that has happened subsequently and that will happen in the next three weeks. lisa: can you talk to us about what is more important right now for the federal reserve? inflation, which is something they talked a lot about, or the fact that at some point, they may have to

caused riots years ago that now we think nothing of, to read hemingway properly, you should read edith wharton, anderson, and then read hemingway again for the first time to understand how different his writing was. i recommend audible books. because you hear the difference. my leanings were toward dos passos. his works have become creaky, harder to access than hemingway is, to this day. >> i love it. most of the time, i am the person working the q&a as .pposed to being on the stage i'm going to ask you to more we are goingd then to quickly end. >> may be recovered everything. >> i think we did. we are fantastic. unfortunately, we do not have enough time to look at what happened to the friendship of .os passos and hemingway >> you can read it in the book. assuming we have examples of hemingway's writing while he was in high school. >> yes. >> and immediately after he went to europe. can we tell how much his experience actually impacted his writing? certainly a big part of my book. he learned how to write in a certain way with a certain kind of freedom. he wrote some very accomplished .arrative

let's bring in the host of work life, a wharton professor. congratulations on the pod cast. you're an expert in how companies deal with certain strife and leadership issues. what do you make of the situation that the chief of staff finds himself in now? >> it's a tough situation. right? normally you have to deal with accountability to a whole group of stake holders. you have to deal with your board, your ceo, your customer. now there's o whole other layer to deal with. that's the general public. >> dana: anthony scaramucci who was there for ten day, but he remains an adviser to the white house. he said in a report out of axias that he, meaning john kelly, lost the locker room. the morale in the white house on a scale of one to ten is minus 15. you cannot run the white house through fear and intimidation. i don't know if that's how he runs the white house. i hear different things from different people. if the rank and file are uncomfortable, if they are saying they can't trust the chief of staff and they want him out, is there something in the private sector that is a good co

i mean, i was a wharton school of graduate so i was about data and information and regression analysis and i was going to figure this thing out and i went down to voter registration and started looking because i wanted to understand the constituents. there were three apartment buildings. i lived in the really cool building and the other two were more senior residents. i'm like eight-- 1898 date of birth, 1901, 1905, so i realized it's very old constituency and i was in my early 20s and there were a part of buildings, so there were days where i would literally wait until someone came out of the building and suddenly i realized maybe i can go in this way to put stuff under people's doors, which you are not supposed to do in the first place, but lillian with everyone and i virtually knew no one and she kicked my butt. at the time committee people ran every two years and now they run every four years. i ran again, without a little closer, but it was clear would probably take about 20, 25 years and two of her beat her peer she may have passed away so another big political decision, i moved.

i would love to sell it back to wharton. neil: how is business? how does that translate into you. >> good question. the reality we're in a turnaround. the good news we brought new management aboth. i'm reasonably optimistic that this new strategy which is going back to the future. ashley: reinventing yourself. reinventing the wheel. >> yeah. we've gotten rid of the hand-cut wood fired grill and pub diet and appetizers. gone back to basics, what works. we have a long history what works. applebee's, applebee's was the brand in the casual dining space. we were largest by far. there is overbuilding. there is marginal restaurants. we've fallen on hard times. the restaurant business is cyclical. ashley: sure. >> the chain business particularly. >> right. >> taco bell which is high-flyer today, was on the verge of bankruptcy in '13. they were about to file. ashley: the person running that is at chipotle. >> chipotle run into a different problem. chipotle's whole brand and markets was about sustainable foods and no gmos. they gave you mcdonald's 10,000 co

after graduating from the wharton school of business and harvard law school he started his career as a law clerk for the d.c. circuit. he began his career with the department of attorney general's where he served as a prosecutor. following that role he served in a number of supervisory roles within the department as well as the united states attorney in maryland. in 2005 president bush appointed him to be the united states attorney for the district of maryland and he assumed that office following confirmation by the united states senate. as u.s. attorney he served as the chief federal law enforcement officer for the district of maryland, he held this post with 12 years until last year when he was confirmed as the deputy attorney general of the united states. ladies in german, the deputy has been and continues to be a true advocate for law enforcement and for victims of human traffickin trafficking, their support networks and all of you here today. please join me in welcoming our deputy attorney general. [applause] >> thank you very much. good afternoon. i hope everyone had a producti

joining us by phone is long-time bull and wharton financial school professor jeremy s echei. >> we haven't had a correction in a long time when you have a lot of momentum players, that's what you get at the end. we all know in the short run trying to predict when the movements are going to be where they are but i think overall, the market is not going to be up as much in 2018 as we saw in '17. >> professor, what are you thinking today, especially having seen this decline i'm just curious, what do you make of, you know, being down at one point almost 700 points on the dow simply from -- i would like you to -- what are you reflecting on as you watch all of this play out today >> of course, 700 points is not what it used to be i mean, we're down 2.5% on the dow. which is a big decline but, you know, it doesn't really reach the big leagues in terms of percentage i think what happened today was an interest rate effect. i think, you know, when that -- when i saw at 8:30 that wage year over year hitting a nine-year high, i said, wow, we're probably going to get four interest rate hikes. we're goi

but tax hikes are not good >> were you at wharton -- >> no, i studied history >> sounds like you knowut economics. >> but i worked in business before running for congress. >> but it didn't disqualify you as a democrat. >> no. lower taxes. what about the blue laws i can't go to foot lock nerbeer bergen county on a sunday. >> i'll find you a store >> and becky wants her own e-zpass lane >> no. no >> i'll get what you need. >> i'm good. >> she backed scott garrett. >> i did not >> we'll see you again soon. >>> when we come back at the top of the hour, a guest host double play, blair schlosstein and ralph effron are here to talk about deal making, the markets and much more. we'll be right back. it keeps your insights from prying eyes, so they're used by no one else but you. it is... the cloud. the ibm cloud. the cloud that's designed for your data. ai ready. secure to the core. the ibm cloud is the cloud for smarter business. secure to the core. nothey're not investing iney commoditiesies. or fixed income. what people are really putting their money into is what they hope to get out of lif

so i don't understand why -- >> wharton. >> went to fordham? >> did ge to fordham? >> before that. >> he went to fordham. >> he's really smart and he says that everything happens inside his head. >> what shocks me is, let's find this just think about this. if you want to know where we are right now, this is where we are with the president. michael schmidt. maggie haferman, the lawyers don't want him to talk to robert mueller. in part because they know robert mueller is a lot smarter than donald trump. so donald trump something led around by the nose by his lawyers. and everybody else -- >> who don't believe in him. >> they don't believe he's smart enough to handle bob mueller. his lawyers are concerned -- this is amazing. that this is the second paragraph of the lead story in "the new york times." his lawyers are concerned that the president, who has a history of making false statements and contradicting himself, could be charged with lying to the prosecutor. so basically, his own lawyers are suggesting, mr. president, his own -- >> mika, let me finish a sentence. t