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Little joins us to talk about the state of spending. Im Katie Greifeld in new york. Another quiet day on the screen behind me. The s p 500 unchanged. The nasdaq 100, more action but to the downside, currently off by. 2 . Also put the vix, not sure why but it never does much. Slightly on the rise, trading with a 13 handle on the vix. Lets find some excitement. Less than blockbuster results for morning brothers warner brothers. Poor performance at studios. Geetha ranganathan joins us now. What was your take away from the earnings . Geetha tv advertising and the Network Business continues to be u...

Owner of the company. I dont really know how many are left. The lastplace oil company said it price of gasoline is at the wholesale distribution point, which is known as the rack. I could go on for an hour about this. When the market goes down they move those prices down. It is too competitive at the wholesale level. You cant have too high a price because people will run away. If i am the owner of the station im going to keep my price up as long as i can. They are out of that business. The exxon station, the price of gasoline is set by the owner of the station, who has a congrats has a contrac...

In a natural relationship. But that being said, you dont want to create the government has a responsibility to the taxpayer to be fair and to be transparent. You have to do that. The question becomes how can you do that but at the same time give industry the flexibility to do what they need to do . I dont know there is a good answer which is why acquisition reform has been a buzzword for decades and continues to be something we continue to strive for and continue to struggle with. But i would say that is probably the hard problem of the century. But nevertheless it is something we have to cont...

Traditional and in some ways Old Fashioned area of technology, yet one of very rapid and ongoing innovation. Very central to the performance of our military forces as well. And were going to talk about software and the ways in which systems, electronic systems, countermeasure systems that have heavy electronics and i. T. Component have to be thought about today, have to be improved. All of this relates clearly to some big themes in defense, budgeting, Defense Strategy, to what extent is Technology Changing so fast that we need to emphasize pursuit of a revolution of military affairs perhaps ev...

Think of me and us as a resource to help navigate that. What i brought today for the purposes of an introduction, im glad to answer any questions about our body of work but i highlights pages to two testimonies and theyre on the table over there. One was a testimony in may of 2010 before this committee, and it was based on a report that came out in july of 2009. And we were asked to look out how much progress had sba made in implementing the Small Business Disaster Response and improvement act of 2008. Its a mouthful. Ill now call it the 2008 act. Very important piece of legislation. It was a ...