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Per agenda item for up to two minutes. Item number 1, call to order. Director tsen. Director tsen, youre muted. Here. Clerk director dunlop. Here. Clerk director richardson. Here. Clerk director kwon. Here. Clerk director shifrin. Here. Clerk supervisor haney. We do have a quorum. Good. Thank you. Thank you, directors, for joining us. I know sometimes its technical difficulties with this technology. But i hope that well be able to get through the agenda quickly and efficiently. Thank you all for being here. The last Board Meeting was in october. And what a difference a month makes. Now that we...

And you may begin your comments. You may address the board once per agenda item for up to two minutes. Item number 1, call to order. Director tsen. Director tsen, youre muted. Here. Clerk director dunlop. Here. Clerk director richardson. Here. Clerk director kwon. Here. Clerk director shifrin. Here. Clerk supervisor haney. We do have a quorum. Good. Thank you. Thank you, directors, for joining us. I know sometimes its technical difficulties with this technology. But i hope that well be able to get through the agenda quickly and efficiently. Thank you all for being here. The last Board Meeting ...

Bloomberg television, starting at 9 00 p. M. Eastern. Along the gulf of mexico, the texaslouisiana border is reeling after hurricane laura unleashed a wide swath of destruction, with winds reaching 150 miles an hour after coming ashore. It is now churning over louisiana. It could lead to more than 15 billion in insured losses. One of the top talkers on wall street, meantime, news of wall street joining microsoft to make a joint bid for the social media sensation tiktok. Now aligned with oracle. For more, i want to get to scarlet fu in new york. A lot tied to these remarks from the fed. There w...

People handled . Just to give you a few numbers to think about as we start off, according to the un, there are 272 million migrants in the world, so were talking about people who have moved from country to country. That is a large number. 3. 5 of the global population. But another number more striking is 70 million displaced persons and if you think about that, we are living at a time where we see more people forced out of their lives and out of their homes, sometimes out of their countries than at any time in history, we see these people on the move. Over half of them, over half of the refuge...

Well what is the problem . And when you start thinking about what is the problem, it goes to a lot of different directions. You have an issue of global migration, you have immigration and immigration policy. You have refugees and displaced persons, and you have the treatment and according to the un, there are 272 million migrants in the world, so you talk about people that have moved from country to country, that is a large number. There have been three and a half part of the global perception, but the bigger number is 70 million displaced persons, and if you think about, that we are living at...