Page 20 - Eric Schmid News Today

than expected. google founder page and grin are shuffling their responsibilities with schmid who has been the company ceo for 10 years. more tonight from money scope reporter david. >>reporter: geeling is flying high financially. it reported its fourth quarter results today. revenue up 26 percent compared to a year ago. so why change ceo? heres what eric schmid said on the earnings conference call. >> i believe larry is ready. hes been working on this area for a long time. his ideas ar...

with credit default swaps and insurance and all that stuff. but we made it a background. thats the way we treated it. we treated the crisis, its all there. you parallel it. but we kept our eye on the foreground which is these six characters that are swimming around in the new york shark tank. >> my character is the demonic, you know, antagonist of our world. not of just even this small world but hes the one that basically creates. and instigates this massive fall if the world, in our c...

>> rose: welcome to our program. tonight eric schmid, the c.e.o. of google. >> social networking is important and facebook is a consequence and very impressive com.

labeouf. >> the 2 o 008 market is more difficult to understand with credit default swaps and insurance and all that stuff. but we made it a background. thats the way we treated it. we treated the crisis, its all there. you parallel it. but we kept our eye on the foreground which is these six characters that are swimming around in the new york shark tank. >> my character is the demonic, you know, antagonist of our world. not of just even this small world but hes the one that basically c...

labeouf. >> the 2 o 008 market is more difficult to understand with credit default swaps and insurance and all that stuff. but we made it a background. thats the way we treated it. we treated the crisis, its all there. you parallel it. but we kept our eye on the foreground which is these six characters that are swimming around in the new york shark tank. >> my character is the demonic, you know, antagonist of our world. not of just even this small world but hes the one that basically c...