Page 232 - Restructuring News Today

Campaign spoke ts people who worked on the campaign? are they moving forward? the 2012 autopsy report from the gop. are democrats looking forward? >> well, a lot of democrats are looking forward i think particularly with the clinton campaign staff, a lot of them obviously are still pretty bitter and involved. an election unlike any and a campaign unlike any weve seen certainly in probably this entire century. so, you know, that certainly will continue going on. the policy people and people withi...

Heard. >> it was milkens genius that created an entire market and fueled this takeover phenomena. >> we romanticize these characters, but these are fat cats, first cousins to the financial manipulators, the robber barons of the late 19th century. >> theyre trying to make a buck by doing nothing and putting people out of work. >> economists agree that some up employment, some hardship is unavoidable in making the united states lean and mean again. but the takeover specialists call corporate restr...

We worked with governor pence and i think we came up with a good solution for everybody. keep the plant open. 1100 people employed in indianapolis. we get to do the preponderance of the restructuring that we were going to do anyway. >> bringing in cristina alesci. one of the union reps here tells cnn they felt like they were part of a dog and pony show at the big announcement. how do you think this will shake out long term for carrier employees? >> its an excellent question. carrier the company ...

No quid pro quo, despite accusations of crony capitalism. >> about a week before thanksgiving, he simply said, look, greg, i need you to relook at the decision to close the indianapolis factory of carrier. he said, were going to do a lot of things in this country thats going to make it a lot more conducive to manufacturing. were going to take the tax rate down, were going to reduce all this burdensome regulation. when all that happens youre going to be printing money. i need you to relook at you...

Also, cambridge, massachusetts. firefighters working to contain a ten alarm fire. en2k3wu6 engulfed eight structuring including a church. two people sustained minor injure yous. for now, back to "split second decision." 911. >> i just saw an accident and the car looks like it might be on fire. >> its one of the most terrifying things you can experience on the road. vehicles burning out of control, on the verge of exploding. the stakes are higher if someone is trapped inside. experts say these ...

The u.s. it claims that the stuff made in the u.s. would cost more and that would make chinese exports even more attractve. what do you say about that? >> this is one of the coming challenges to the congress. because when you speak to members of the republican conference privately, they tend to believe that hes more pliable than he sounds, particularly on trade. a lot of their constituents cant survive, small businesses, the unraveling of nafta. they dont want him to oppose -- to rip up tpp or w...

Billionaire investor wilbur ross. and chicago cubs co-owner todd ricketts as deputy commerce secretary. lets talk about this. im joined by john allison from the cato institute. good morning, sir. >> good morning. >> good morning. i know you met with donald trump with the possibility you might become the treasury secretary. what was that meeting like? >> it was very interesting. i would say president-elect trump is very committed to accelerating economic growth. he believes that -- he knows he wa...

Steve mnuchin is his nominee for treasury secretary and wilbur ross. steve mnuchin is a wall street guy, former goldman sachs and wilbur ross known as the king for bankruptcy for all of the restructuring that he has done with businesses. so i said, is this really draining the swamp? what would you say to critics that its not? the push back the transition team says, look, these are winners. they understand the tax code better than anyone else. they now how the economy works and these are the best...

That corporations have sitting overseas. if they can convince those companies and change regulation to bring that money back, companies have been sitting with massive amounts of cash on their balance sheets for the last few years because they didnt know what they were looking at. >> the obama administration didnt have a plan for that. if they were to get tax reform and infrastructure structuring and repair, president obama tried to do that but congress wouldnt let them. if they are able to do in...

It was milkens genius that created an entire market and fueled this takeover phenomena. >> we romanticize these characters, but these are fat cats, first cousins to the financial manipulators, the robber barons of the late 19th century. >> >> theyre trying to make a buck by doing nothing and putting people out of work. >> economists agree that some up unemployment, some hardship is unavoidable in the vitally important process of making the unite d states lean and mean again. but the takeover spe...