All while dealing with a personal struggle. I had nine months to a year to live. They put me on aggressive chemotherapy. I said, i have an obligation to resign if i cant handle the chemotherapy. Robert benmosche was born in brooklyn in 1944. His father moved his family to the catskill mountains. He left the family was left a quarter Million Dollars in debt. From there, having enough money became a driving force in benmosches life. He rose up the ranks in some of the biggest firms in wall street. He became ceo at metlife. In 2009, he took on his biggest job. Turning around the ship at aig. It was in croatia that he took the job. At times, one of the most hated characters in the financial world. During a boat ride along the adriatic coast, benmosche explained how he fell in love with the country years ago. We came here in 1987 with about 250 people. So this was like their reward. They all thought it was a joke. And then they came here and said, this is unbelievable. I decided, in 2000 af
Macau beat las vegas . In a heartbeat. It is a great convenience for people traveling between the two places. High diving, jumping from high platforms up in the air. On the performance basis it is one of the biggest in the world. Brought to you by the macau government tourist office. From our studios in new york city, this is charlie rose. The Prime Minister of italy is here, he has been at the Prime Minister since 2014 and is the head of the democratic party. Italy will remain in recession throughout 2014. Urged him to push through a reform agenda. Structural weakness continues to impede growth potential. Countrys debt is the strongest to be eurozone. It currently holds the rotating presidency of the european union. Technologyth entrepreneurs in front of the United Nations general assembly. I am pleased to have them at the table because i love his country. Think you so much. What did you learn from Silicon Valley . I chose Silicon Valley because i love the future. It is one of the cap
From our studios in new york city, this is charlie rose. Thank you for joining us. I also thank you. It is a pleasure to see you. I am quite gratified to see you after one year. The United States has in syria bombing raids. They notified the beforehand. Were you notified . Mean that theot United States of america these of the its bombardment informed iran deviously, or will inform iran on the Nuclear Talks in a general fashion, this topic was touched upon. They had a general conversation about it, about the fact that the u. S. Intends to extend the range of airborne bombardments we had in iraq. Nothing precise, nothing that came prior to the previous bombardment of syria. Do you approve of what the United States did . Meaning, does the United States think that with bombardments we will be able to destroy terrorism . And make them suffer damages . If that is the lot that it is simply thinking. Including the fact that this terrorism has been taking the lives of syrians for the past three
Amazon Ceo Jeff Bezos has a wide variety of investments and now hes betting on home renovation. He just sunk money into a seattle startup focused on making from projects easier. First to the lead. The top of a bubble is starting to gain speed again. Some are sounding the alarm. Startups are burning through way too much cash leaving many with multibilliondollar valuations. Andreessen recently tweeted when the market turns, and it will, many hibernate companies will vaporize. Andreessen is not stopping. Tweeting up a storm. Another man wrote on his blog that valuations can be fixed and you can do a down round, three or four but earn rates are exactly that, burning cash, losing money, emphasis on losing. Bloomberg contributing editor paul kedrosky, do you agree . Its hard to disagree with math. And whenever the market turns they will be vaporized. There are high burn rate companies. They are a perennial problem with bubbles coming and going. Josh, what do you think . When they talk about
Golf and raising campaign cash. Varney and company is about to begin. Stuart theres another problem surfacing. As the president leaves to raise money. It is the economy. Government been counters say it will expand just 15 , to something a little more positive in the april through june period, annual growth at 2. 2 but overall we are still very pessimistic about the economy. Seven of ten say the recessions impact is permanent. Only half said that in 2009 when the recession officially ended. Here is ed butowksi. Put isis of side, put Vladimir Putin aside, you look at the economy. Is there real cause for concern . People have to understand the strength of the economy converts into tax dollars so remember that if the economy is strong we hope it turns into jobs and gets us more tax revenue to offset the debt and ongoing deficit so when we dont have strength we dont have enough tax dollars. We are spending a tremendous amount of money. 600 billion we are going to be short this year so we ne