Intrensic value column. He has written several books including origins of the crash, the end of wall street and tonights topic of discussion Americas Bank he let me know there is a great review of it coming out in the Washington Post tomorrow so we can read about that tomorrow. He has three children and lives with his wife in newton, massachusetts. Please join me in welcoming roger lowenstein. [applause] debra, thanks very much. A wonderful introduction. I am glad i dont have to talk about dinosaurs. I dont know much about that. What im going to do is mostly talk to you and read you passages as well that i mope High Pressure c hope conveys the drama of the story. This was my first history story. It was the most exciting project i have been in. The people i wrote about reminded me of people on the scene and the book is full of stories. Last night, anyone who saw the republican debate, you saw rand paul came out against the Federal Reserve and tasaid ther is no point in having a Federal
Become the adviser and then the transition in your mind to be much more precise how does that workout at home . How did they react to someone who has to talk that way . I a big kiss by my wife to quit talking like that at home. I dont do that necessarily. [laughter] but it understated and that pressure. My home life was a tremendous relief and my wife is good at giving me the oasis or the sanctuary to think about Something Else for a change. Is added page 42 you talk about the bookie were riding with the call that changed your life to be appointed to the Federal Reserve you were working on a book called the age of delusion how politicians and big ears created the Great Depression and. What will the next call, what title would they give to a similar book describing the lead up . Probably Something Like asleep at the switch your too complacent now wind of the aspects that they is looked stable overall. With that housing eland mortgage sector but it depended on shortterm debt that led to
In davos, discussing the freeze in relations between russia and the west with Russias Deputy Prime Minister. He accuses the u. S. Of faking images of russian aggression in ukraine. Asias only grand slam singles champion le li na and news shes pregnant. And talking about davos as well and in particular security. Absolutely. President obama says no foreign nation or hacker should be able to shut down our networks intrude our trade secrets. Can you fight cyber~ crime while at the same time keeping the trust of all of us who use the internet . Hello. Its midday in london. 1 00 in the afternoon in davos, 7 00 a. M. In washington. Where a defiant president obama has declared an end to the financial crisis. In his annual state of the union he called for a new chapter in u. S. History that ushers in a fairer economy. The widening gap between rich and poor is one of the key talking points at this years gathering of politicians and Business Leaders at davos. We will bring you there in a moment.
Closed. We take a look at the difference between extreme wealth and poverty in istanbul. Hello. Welcome to the program. President obama has declared an end to the final crisis saying the u. S. Has turned the page after years of war and recession. In his state of the Union Address he appealed to the Republican Controlled Congress to back his strategy for what he calls middle class economics and he would veto any bill that would threaten his administrations achievements. Reporting from washington. The president of the United States. Reporter the capitol hill for his sixth and penultimate state of the union speaking for the first time before a republican congress. The president set out to ex extricate america from its foreign wars is now having to cope with a myriad of new challenges abroad not least the jihadist threat to ancient allies like france. We will continue to hunt down terrorists and dismantle their network and we reserve the right to act unilaterally as we have done relentless
Care and critical infrastructure. Soon it will be where your refrigerator is and things you wear in your car. Ouruse we have connected whole lives, the people who would do is home harm, that is where they come. For our children, as secrets, our infrastructure. It cuts across every responsibility that the fbi has. I was in indiana and someone was responding reminding me of the great vector change of the last century. It was the combination of the automobile, which introduced a new kind of crime to this country. Criminals can travel very quickly. It was important to have a National Resource to respond to that. I was reminded of it while they were talking to me about John Dillinger. I said in response, John Dillinger could not do 1000 robberies in the aim day in all 50 states in his pajamas halfway around the world. That is the challenge we now face. It is a internet, challenge that we are trying very hard to respond to and attract and retrain great people and given the technology they ne