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BLOOMBERG The Pulse October 8, 2015

Guy good morning. You are watching the pulse. We are right here in london. Im guy johnson. Europes Biggest Investment Bank, germanys biggest bank is racing for its biggest loss and a decade. Deutsche bank could scrap its dividend. Its boosting reserves for legal costs. Sounds like a bad thing. Ryan chilcote here with the details. We got a lot of bad news. It sounds really terrible. But stock is up. What is going on . Ryan the Immediate Reaction was negative. The stock is up. There is a giant competition going on. The balls the balls on the up. K the stock now why . A lot of people saying we thought when they did this announcement we were going to get a Capital Increase. The fact that the dividend is going to take a hit, is a do it is a positive. It increases the likelihood of a
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BLOOMBERG The Pulse October 9, 2015

And pimco says the worst of the price collapse could be over. Merkels moment to is the german chancellor about to win a Nobel Peace Prize . A warm welcome to the pulse, live from london. Im manus cranny. First up, minutes from the latest fed meeting show that the policymakers delayed the worsfit hike last month because of concerns about china. There was plenty of reaction from financial leaders of the imf and world bank. We will hear those voices in just a moment. But first, oil is about 50 a barrel, headed for its biggest weekly gain since august, coming as pimco calls the worst of the collapse and Commodity Prices is over. Bring in mark barton for some context. Mark have i got some stats for world the all country indexes rising for an eighth consecutive day, the longest winning stretch since february minutes from the september meeting are pushing out expectations for w ....

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BLOOMBERG On The Move October 9, 2015

We have seen a complete rally, just an opportunity and in large part this is in some ways been help by auto prices. There really feeding into the stock momentum. Theyre trading in the u. S. , why . Because they all think janet yellen will not pull the trigger in 2015. The federal minutes adding fuel to that fire. See ath 40 of we will rate hike this year. About a frenzy on a friday. Signing a letter of intent with businesses to raise its ownership in mrn, this could be raising by 40 . Out for the Stock Performance drop the day. This is increasing exposure to aluminum. Anteresting movie we saw alco missa shares and after hours. This Country Company is getting into a commodity. Of the on the back danish Trucking Company slashing their cash. Their spending 1. 3 5 billion per share. Is selling a temper sent the ipo as ....

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CSPAN3 Politics And Public Policy Today October 8, 2015

About before. In may of 2014, independent researchers published a report that identity higher than expected emissions which prompted investigations by the ep epa. When did vw first become aware of this researche. End of april, when it was published. I got it in may, i got information about this. What steps did vw take to evaluate the conclusions of the research at that time. First of all, to acknowledge that emission violations or higher emissions are not legal. Secondly, the engineering departments were supposed to recheck those testing results on our own equipments in order to validate this. And thirdly, to correct this with the respective software actions which have been implemented at the end of last year . Who implemented this, and who was responsible for it . Indeed the Software Applications management are being done in germany at the engine and drive Time Departmen ....

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CSPAN3 Hearing On Volkswagen Emissions Violations October 8, 2015

Could members of the media please move out of our way so we can begin the hearing . Mr. Horn, you can sit in that chair. Thank you. Thank you and good morning. We now convene this hearing of the oversight and investigation subcommittee on volkswagen emissions cheating allegations, initial questions. Let me start off by saying my first car was a volkswagen. It was a 76 beetle. I learned a lot about cars. I could take that thing apart continued to work. I did all the maintenance myself because volkswagen had a legacy as the peoples car to be people friendly. I loved that car. Loved it a lot. Not so much as to call it brad, but i loved that car. But i trusted the car to get me around. I trusted volkswagen would continue to build a reliable car. That word trust alone as you know is the key factor in Building Customer loyalty. That trust is what helped build volkswagen because we believed its company looked out for customers first. ....

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