This meeting is about 90 minutes. We are joined by several members of our committee. Guests will share their perspectives. I hope everyone is staying safe and healthy during these challenging times. I appreciate that so many members who have gathered today for this discussion. I am pleased the public will have an opportunity to listen. A lot of important work has been done responding to the covid crisis. This roundtable discussion follows a virtual roundtable held last week about ices covid19 in detention facilities. I want to thank our guests for taking the time to participate. Think everyone in advance for bearing with technological glitches. I will turn it over to the subcommittee chair. Thank you, mr. Nadler. I want to provide a few guidelines that i think will help this roundtable go smoothly. First, i asked that everyone mute their microphones unless it is your turn to talk. This will minimize interruptions or strain noise. Im going to have my feet on during my video feed on, but
Where democrats on the House Judiciary Committee look at the Trump Administrations response to the Coronavirus Spread in u. S. Prisons and jails. This will minimize any interruptions or noise. Im want do have my video feed on during the entire roundtable, but if you prefer to participate through just audio or if you would like to be visible only when it is your time to speak, you are welcome to turn off your camera at any time. I want to briefly explain how this will work. I will make a few opening comments, then chairman nadler will make a few comments. Our guests will follow with brief opening remarks, then the members will have opportunities to ask questions. This will allow for an informal giveandtake between members and our guests in contrast with the more rigid rules that apply during a formal hearing. I appreciate everyones time and i hope we can manage it efficiently. Im budget limit myself to just a couple of questions and i hope other members will also. I hope we can have a g
Debt. Joining us to discuss is a high veteran, Lehmann Livian Fridson Advisors chief Investment Officer martin fridson. I want to talk about this wave of downgrades we have had. Yet, itenomenal, and seems like we have not reached the apex. Do you anticipate more double and triple downgrades . Martin i think we will see that continue for some time. If is such a dramatic change in environment, it is taking a while to get through all the companies, but in addition to aat, some Companies Just had light switch turning off kind of change. Historically, you have some finance companies go down quickly if they lost their ability to borrow, they could sell quickly. Industrial companies historically have taken a long time to make the migration that we observed recently. 1100 basis points around march 23, and then we had a bit of easing. What do you see in terms of levels, spread wise, and default wise . Martin default will clearly rise. Defaults will clearly rise. We think double digits. The high
My name is theresa zoro and im the executive director of marketing for the random house group and i want to thank you so much for joining us tonight for this virtual commencement. We want to congratulate the class of 2020 and everyone joining us tonight whos looking for inspiration right now. We have the will wonderful lineup of speakers who were honored to share their words of encouragement. We would love to hear your thoughts to what you are reading and we ask that everyone please stay respectful in the chaptered random house will be providing to Penguin Random house. Com on all the books featured tonight. Im so thrilled to introduce our first speaker martha stewart. Martha stewart is americas most prescient lifestyle expert entrepreneur and my winning host and the founder of the first multichannel Lifestyle Companies martha is the author of more than 90 books on cooking entertaining and Home Decorating gardens weddings and decorating. We are so thrilled that marthas joining us tonig
And finally i like to acknowledge and send gratitude to all central workers and First Responders across the globe. Tonight we celebrate this is all i got which is the spirit of the life of a young homeless single mother undid her quest to find stability and shelter here in new york city. The awardwinning journalist and this is her third book and she has written about inequality in its many forms from the new york times, new york, the new republic, the nation, slate and salon. And the producer at npr. And to be in conversation with nonfiction critic. Previously an editor of the book review and Senior Editor at harpers magazine. And those followed by q a from all viewers. Please remember to pose your question on the twitter feed at nyu. Now i pass the microphone to jen to get us started. Thank you again. Hello. Congratulations on your book. And then to start off and how we god into the subject and this is a narrative work of fiction in that bed that it was true to follow the journey of a