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Carol and a different type of crisis that asks if homelessness is a crime. Jason all of that and more. But first, our top story this week. Natos 70th turned out to be less of a Birthday Party and more like a thanksgiving dinner for a big, dysfunctional family. Carol thats right. Not all of them got along. A few snide remarks were made, but in the end, everyone seemed to accept they were stuck with each other. Thats according to mark champion, who covered the summit outside london. Lets talk about nato and what a week it was. Mark it was. I mean, the buildup was pretty extraordinary. This was supposed to be a celebration. It wasnt a real summit. They do that every two to three years. This one, they felt they had to do because it was the 70th. They kept it really short because they specifically didnt want to create a big target for unscripted problems with president trump, which theyve had before. So, and then all of a sudden, in th ....
To celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. Jason but first, the biggest ipo, saudi aramco. Those shares surge to a market value of 2 trillion. Carol a culmination of a fouryear effort from the kingdom. We are in london to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell as much as 5 of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outsi ....
A crime . Jason all of that and more. But first, our top story this week. Natos 70th turned out to be less like a Birthday Party and more like a thanksgiving dinner for a big, dysfunctional family. Carol thats right. Not all of them got along, a few snide remarks were made, but in the end, everyone seemed to accept that theyre stuck with each other. Thats according to marc champion, who covered the summit outside london. He joins us now. Lets talk about nato. What a week it was. Marc it was. I mean, the buildup was pretty extraordinary. This was supposed to be just a celebration. It wasnt a real summit. It wasnt a full summit. They do that every two to three years. This one they felt they had to do because it was the 70th. They kept it really short because they specifically didnt want to create a big target for unscripted problems with president trump, which theyve had before. So, and then all of a sudden, in the weeks before, you ....
Carol and we hit the red carpet to celebrate the bloomberg 50. It is our annual list of those people whose 2019 measurable accomplishments stand out. Jason all of that still ahead. But first off, the worlds biggest ipo. We are talking saudi aramco. Shares surge to a market value of 2 trillion. That magic 2 trillion come at that peak. Carol a culmination of a fouryear effort from the kingdom. Our correspondent is in london to talk about this. A lot of questions. Now it is publicly traded and it it is an ipo, a publicly held company, but it is only a small 1. 5 that is out there in the public in terms of the company. Nini it is. The ipo has not turned out the way they expected it to happen. If you remember back to 2016 when saudi arabia initially announced plans for the ipo, the plan was to sell as much as 5 of the company. More importantly, what we have to look at is what was the purpose of the ipo. The ipo was seen as a means of diversifying saudi arabia away from its oildependent comp ....
Betting. Carol and we have amtraks turnaround plan. You may not like it. Jason here is joel weber on the issue. Lets start by talking about trains. A big travel week. Maybe some people taking a train, flying, but amtrak is in a bit of a pickle. Joel amtrak has been a money loser for years. It has a new ceo who came from the airline industry, and they talked about his plan. A lot of people who are amtrak fans dont really like this plan of his. But it could lead amtrak to be profitable. Carol delays, delays. Never on time, right . Jason it is Richard Anderson, the former ceo of delta, not making a lot of friends out there. Maybe some people making friends, or at least feeling better about the economy, is almost everyone. Peter coy talks about this 180 folks have done looking at the economy. Joel just a couple months ago, it was like rain clouds out. Now it is winter, and suddenly the sky seems to be opening up and everybody is lik ....