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Said what if nobody comes so its nice of you all to come out. I know that some of you are here to talk about the book but the reality is we are fortunate to have with us two friends of mine, it will be more interesting and probably more fascinating to many of you, Jacob Weisberg who many of you may know as the chairman of the slate group, longtime journalist recently published a book on Ronald Reagan that i cant recommend highly enough, particularly in todays political environment and malcolm gladwell, a writer for the new yorker and a very insightful nonfiction bestseller so we talk a little bit tonight about my new book, the seven cents and one of the things that were going to get him very quickly is one of the big ideas in the seven cents is the idea that theres so many questions to answer that this model of us talking to you is not entirely the light model so we will do th ....
Its my pleasure to remind you that you are welcome to buy a copy and how will be available to autograph them after words. Here we are in the stylish new Conference Center to discuss a very old problem, namely how best to survive financial panic of which there have been many throughout the century, how to survive the fear and mistrust when financial actors try to withdrawal from risk to protect themselves, a rational strategy for each but as we all no, not when they do it at the same time. It is highly interesting historically but much more pressing than we can consider as how scotts book does in detail. What should we do in the next panic that will arrive sooner or later. Two centuries ago they accurately observed, on extraordinary occasions, a panic may seize the country one becomes desirous of possessing him self of precious metals. Again such panic concludes that banks have no security on any system that is to say that priva ....
Welcome, ladies and gentlemen, to our discussion of health scotts new book, connectedness and contagion. Here it is. If you didnt notice, we have copies for sale. Its my pleasure to remind that youre welcome to buy a copy and how will be available to autograph them. Here we are in aei stylish new Conference Center to discuss a very old problem, namely how best to survive panics of which there have been many across the centuries and survive fear and distrust when financial actors try to withdraw to protect themselves, a rational strategy for each but as we all know not when they all do it at the same time. Highly interested historically but much more pressing when we consider as his book does in detail and what should we do in the next panic which would surely arrive sooner or later. Two centuries ago David Ricardo observed a general panic may seize the country when everyone ....
The rules say you have to be 18. Is that fair . We want to hear from you. Varney company about to begin. Charles lets get right to the big story. Joining us now is lieutenant colonel. The president of the Federal Reserve said that the cyber sick erie it he is what keeps him awake at night. Do not blame the russians. Why would they not look into these secured networks if we allow them to we would love to do this to the russians, but prudent administrative networks are much more secure. We just had a situation. The former secretary of state Hillary Linton had an insecure email network of her own and which he was conducting the most important foreign business policies of this country. White house is going into damage control mode. I am a former Intelligence Officer. If i can add an access, the white house administrat ....
Let me play it for you. Had you had any knowledge at that mall it was there before the department of justice giving you that notification . We did not, senator, or mr. Chairman. Despite significant investment in multiple layers of detection that we had within our systems we did not. Melissa congressman that is really startling to me. Is it surprising to you they had no idea until they got a phone call from the Justice Department that all this had happened . Unfortunately that is more common than you think. It is usually Payment Card Companies or secret service or fbi that are doing an investigation that stumble on this now there is a system set in place and theyre supposed to do audits and so one of the questions were going to ask of target tomorrow is, were they doing thooe audits pursuant to this standards for security . Answer is no . Well, i hope the answer is ....