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Its got to be much more subtle than that. It got to be about helping each side see where there might be limited areas where they could work together. Im not the great believer in the grand bargain. Now sit down and have a discussion about every in. It is unlikely to be good but they will be some areas where people have quite significant differences and nonetheless have it limited junior level of communication which delivers from a practical benefit to both sides. We will obviously return in some detail of course and the next session. The secretary has made it very clear [inaudible] there is a ...

Their own studies show the main drivers of default are loan devalue, borrower credit score. Everything else is literally a rounding error. And so of course, the final doddfrank rules essentially abandon the things that actually drive default. And endless servicing requirements, again making it near impossible to foreclose. My opinion is the rule increased foreclosures last time around rather than decrease them. And the harder it is and the mission has nothing to do with financial stability. The mission is to use the the regulatory system to force prudent borrows to subsidize imprudent. We all ...

Minerals for firms not only firms getting the actual hard commodities there, but also for firms well down the supply chain, who have no idea where the aluminum in the electronic parts came from. So i think its telling when a liberal law ultimately convinces the Washington Post Editorial Board that it was a bad idea, which they have come out against conflict minerals. Its time to revisit the motion all together of including immaterial disclosures in security laws. Both by legislative fiat and by the sccs own power. And republican and democratic chairmen have both been guilty of this. I think it...

Or can we fix it . And if so how in particular . Youre about to hear how from our expert panel. Let me introduce them in the order in which theyll speak, as we proceed through the panel well be working our way through the various titles of dodd frank frank. First will be my colleague peter wallacen. He co directs aeis program on financial studies, was co chair of the pew Financial Task force and served on the Financial Crisis Inquiry Commission where he wrote a very enlightening and highly controversial dissent. Previously peter was White House Council to president reagan. General council of t...

For the country post brexit. North korea vows to complete its nuclear programme, as the United States once again warns pyongyang of military action. In sport its go, defoe. Bournemouth have their first points of the season, thanks toJermain Defoes first goal of the season. And stav has got the weather. Good morning, sunday is looking like the better day this weekend. We have more showers and will feel on the chilly side. All the details in about 15 minutes. Thank you. Good morning. First, our main story. Armed police and military personnel are being deployed at key locations across the uk afte...