president called you and said the country needs you to be secretary-treasurer, you would say, costa rubenstein? [laughter] >> would you fix your type please? david: people would not recognize me if i fixed my tie. ♪ i don't consider myself a journalist. nobody else would consider me a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tech? ick? let's talk about your career at bank of america and how euros up and became the ceo because i think that is quite interesting. to go back to your background, you are from ohio? and your father was a chemist? >> yes. david: was it dupont? >> yes. david: you the sixth of eight children. >> yes. david: you have a children and you share a lot? >> yet to be very aggressive about getting your share. [laughter] david: he went to brown university and with the cocaptain of the rugby team. rugby is a tough sport. i assume that is not as tough as banking? >> there is nothing more powerful than to see if scrum and i was never i

brian: call david rubenstein? [laughter] david: the call is ♪ unlikely to happen. ♪ everyone uses their phone differently. that's why xfinity mobile lets you design your own data. you can share 1, 3, or 10 gigs of data between lines, mix in lines of unlimited, and switch it up at any time. all with millions of secure wifi hotspots and the best lte everywhere else. it's a different kind of wireless network, designed to save you money. switch and save up to $400 a year on your wireless bill. and save even more when you say "bring my own phone" into your voice remote. that's simple, easy, awesome. click, call or visit a store today. ♪ david: as a child, he grew up doing mathematics and was perplexed when things did not make sense, even the rules for scrabble, monopoly. so he changed the rules. he cannot make mathematics work for him the way he liked in a way that would let him follow in the footsteps of his actuary father, so he turned to economics. richard they are went into faculty until he discovered work an

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america and how you became the ceo. it is interesting. you are from ohio. your father was a chemist? brian: yeah. david: dupont? brian: yeah. david: you were six of eight children. i guess you share a lot. brian: you have to be aggressive getting your share. david: ok. you went to brown university. you're the cocaptain of the rugby team. brian: right. david: rugby is a tough sport. is banking tougher? brian: there is nothing more powerful, but i was never in there because i wasn't big enough. it is a fantastic teamwork game. all 15 players participate fully. david: ev

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america and how you rose up and actually became the ceo. interesting. quite go back to your background. you are from ohio. your father was a chemist? brian: yeah. david: dupont? brian: yeah. david: you were six of eight children. i guess you share a lot. brian: you have to be aggressive getting your share. let's say that. david: ok. you went to brown university. you were the cocaptain of the rugby team. it is a tough sport. i assume that is not as tough as banking. brian: there is nothing more powerful but i was never

he sat down with david rubenstein. they discuss the aramco ipo and much more. chairman ofre the saudi aramco which is the largest publicly traded company in the world and also the largest oil company in the world. is that right? >> it is the largest company from levels, market cap, profits generated are second to none, and the ipo was the largest ipo in the world. david: you went public not too long ago with the valuation of $1.8 trillion, something like that. the valuation was $1.7 trillion, and it went above $2 trillion, and now it is about $1.8 trillion. david: no company is as valuable as that company. it is traded on the local stock exchanges. have you thought about listing it in new york or london or tokyo or other places? >> we only offered 2% of the company. company is owned by the government of saudi arabia. our program is to have a number of listings over the years. , to haveoking into it more offerings. these offerings could continue to be in saudi. if we have any good stock exchange we think and bring some value investors to us, we will definitely c

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america and how you rose up and actually became the ceo. i think it is quite interesting. go back to your background. you are from ohio. your father was a chemist? brian: yeah. david: dupont? brian: yeah. david: you were six of eight children. i guess you share a lot. brian: you have to be aggressive getting your share. let's say that. david: ok. you went to brown university. you were the cocaptain of the rugby team. it is a tough sport. i assume that is not as tough as banking. brian: there is nothing more powerful bu

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america and how you rose up and actually became the ceo. because i think it is quite interesting. go back to your background. you are from ohio. your father was a chemist? brian: my father was a chemist, yeah. david: for dupont? brian: yeah. david: you were six of eight children. i guess you share a lot. brian: you have to be aggressive getting your share. let's say that. david: ok. you went to brown university. and you were the cocaptain of the rugby team. brian: right. david: rugby is a tough sport. i assume that is

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america and how you rose up and actually became the ceo. i think it is quite interesting. go back to your background. you are from ohio. your father was a chemist? brian: yeah. david: dupont? brian: yeah. david: you were six of eight children. i guess you share a lot. brian: you have to be aggressive getting your share. let's say that. david: ok. you went to brown university. you were the cocaptain of the rugby team. it is a tough sport. i assume that is not as tough as banking. brian: there is nothing more powerful but i was never in their and that was one of the

rubenstein. could you fix your tie, please? >> people wouldn't recognize me of my tire was fixed. there we go. ♪ >> i don't consider myself a journalist. no one else would consider myself a journalist. anegan taking on the life of interviewer even though i have the day job at a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america and how euros up and became the ceo. let's go back to your background. you are from ohio. your father was a chemist. for dupont? you are the sixth of eight children. forth.re a lot and so >> you have to be very aggressive with stuff, getting your share. university to brown and you were the cocaptain of the rugby team. rugby is a tough sport. i assume that is not as tough as banking, or is rugby tougher? >> i was never in there, because i was not big enough but it is a fantastic teamwork game. you want teamwork, all 15 players participate fully. bones?you ever break any brian: i got knock

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america, and how you rose up and actually became the ceo, because i think it is quite interesting. to go to your background, you are from ohio. your father was a chemist? brian: my father was a chemist, yeah. david: for dupont? brian: yeah. david: you were sixth of eight children. i guess you share a lot. brian: you have to be aggressive with stuff, at least getting your share. let's say that. david: ok. you went to brown university. and you were the cocaptain of the rugby team. brian: right. david: rugby is a tough sport. i assume that is not as tough as banking.

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america, and how you rose up and actually became the ceo, because i think it is quite interesting. to go to your background, you are from ohio. your father was a chemist? brian: my father was a chemist, yeah. david: for dupont? brian: yeah. david: you were sixth of eight children. i guess you share a lot. brian: you have to be aggressive with stuff, at least getting your share. let's say that. david: ok. you went to brown university. and you were the cocaptain of the rugby team. brian: right. david: rugby is a tough sp

rubenstein. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? let's talk about your career at bank of america, and how you rose up and actually became the ceo, because i think it is quite interesting. to go to your background, you are from ohio. your father was a chemist? brian: my father was a chemist, yeah. david: for dupont? brian: yeah. david: you were sixth of eight children. and eight children -- i guess you share a lot. brian: you have to be aggressive with stuff, at least getting your share. let's say that. david: ok. so you went to brown university. and you were the cocaptain of the rugby team. brian: right. d

i'd like to invite my colleague and dear friend ellie rubenstein to introduce and give context to the songs that i am going to sing . [applause] >> .. she left us with a remarkable poem whose words remind us of the beauty of nature, the sand in the sea, the rush of the waters, the thundering of heavens that she was robbed of far too early in her young life. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [applause] >> every time we sing this song with such children of the march of the living, and replaced bush sought to destroy the jewish people, we know the spirit, the values, the lessons continues to live on. in that way where making a statement. hitler, you did not win. we will return here year after year reciting the words of the very people you try to annihilate. our next song is a reflection of similar sentiment to hope and to fight it written in the 12th century, and express an undying relief. many jews recited these very words with her last breath before they perished in hitler's gas chambers, still believing that a better day would yet arrive. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [app

. >> you can catch more of that interview on the david rubenstein show. turkey is coming close to military confrontation with killedafter an airstrike turkish soldiers. assad has set the regime will pay a heavy price for the attacks. turkey has tried to persuade the kremlin to drop it support for damascus. new doubt has been cast on keith rose third runway at the government says it will not appeal a ruling. the court overturned a ruling against the expansion. heathrow says it will take the case to the supreme court. global news, 24 hours a day on air, on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. francine: thanks so much. tumbling incks are futures signal more pain to come after the biggest route on wall street since 2011. this comes as the coronavirus keeps appearing out of china. the number of cases south korea has gone over 2000. joining us is james, a chief investment officer. what needs to happen for the state to be better? -- this day to be better? james: i think it will

>> the man -- the suspect's name is jack rubenstein, i believe. he goes by the name of jack ruby. >> and here at associated press, a still picture of the moment, the split second as the shot was fired. this is the man dallas police have identified as jack rubenstein and this of course is lee harvey oswald. you see the gun in the hand of ruby and just about to be fired. >> i know my own feelings were and i think they were widely shared by many, if not most americans. this can't be coincidental. the assassin is assassinated in the police station. what in the hell is going on? >> just learned from city hall from an authoritative source, that police are working on the assumption that there indeed is a connection between jack ruby and lee oswald. and that in some manner of speaking, oswald's murder was to shut him up. >> word also in just now from dallas that homicide chief captain will fritz has now said that the case of president kennedy's assassination is now closed with the death of oswald. it may not, however, be the opinion of the u.s. secret ser

smithsonian secretary ronnie bunche and david rubenstein take part in the white house conversation on slavery in washington. nine of the first 12 presidents used enslaved labor at the white house. out,re trying to figure what do you need to get a building going? what you need for the entertainment? what they realized is, enslaved labor that was going to provide the foundation for them to craft and create what became the white house. america, the 1945 film "the shores of iwo jima." 8:00 p.m. on the presidency, a look at lincoln, douglas, and emancipation with historians. explore the american story, watch american history tv this weekend on c-span three. >> in august of 1918 5000 soldiers of the 39th regiment sailed to a russian city 1000 miles northeast of moscow. they would spend the next year in the frozen north fighting the red army in an attempt to aid anti-communist forces. next, author james carl nelson tells the story while discussing his book "the polar bear expedition: the heroes of america's forgotten invasion of russia, 1918 to 1919."

mark gordon, executive committee member of the usc showa foundation, ellie rubenstein, march of the living in canada, phyllis heideman, president of the march of the living and cancer reiki with guitarist sealand from, we like to thank our partners in presenting tonight's program. international march of the living, the counselorgeneral of canada in new york , hanover square press and the usc showa foundation. before we begin take a moment to silence your cell phones to avoid any disruptions during the program. thank you and now please join me in welcoming our first speakertonight , acting canadian council general hawar naseem. >> you rita. recently i was not held up by the impeachment hearings in washington. >> what an incredible honor it is to be here with all of you tonight to pay tribute to a remarkable man , an extraordinary canadian , mister max eisen. my team at the council it has been seeking an opportunity to bring mister eisen to new york. for a man of his age he has a busy schedule and it was not easy to get him here. thank you for joining us thank you to hanover press, usc showa

consulate in new york, mark gordon executive committee member foundation board of counselors ellie rubenstein national director and president march of the living thank you to our partners who are planning and presenting tonight's program for the consulate general hanover square press. before we begin please take a moment to silence yours can one - - her cell phone thank you now please join me to welcome the council general. [applause] >> thank you. i was not held up by the impeachment hearings in washington. [laughter] [speaking french] what an incredible honor it is to be here tonight to pay exibute to a truly remarkable man mr. max eisen. my team at the consulate general takes the opportunity to bring mr. eisen to new york i have to say for a man of his age he has a very busy schedule and it was not easy to get him here. thank you for joining us and to hanover press and the museum of jewish heritage for bringing him here this evening to tell his story. asas a diplomat with many incarnations one of the most memorable opportunities for me for poland to travel to auschwitz with my family and m

lonnie bunch and david rubenstein for this conversation. in addition to the books recommended i would like to invite everyone to our website, whitehouse.org, where there is a treasure trove on the history of persons enslaved in decatur house, those in lafayette park who built the white house and those enslaved to our early american presence in the white house. thank you all for being here and for support of our historic mission. [applause] >> this is american history tv. style,g history, c-span with lectures, interviews and discussions, with authors, historians and teachers. 48 hours, all weekend every weekend, only on c-span3. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] thehis sunday on presidency, historians on abraham lincoln and frederick douglass' views on emancipation here is a preview. >> how does douglass advocate for action as we move toward d.c. emancipation in 1862 and the pressure is building? >> he wants a war against slavery. he wants

addition to being on our board of directors, she chairs the education committee, which is the david m rubenstein national center for white house history, and she chairs the committee for presidential sites where every two years we convene the cost -- across the country. it will happen again on september 2020 in dallas. at american university. anita is a leading of authority on the role of first ladies. she herself has worked for four presidents and was chief of staff to laura bush. we have patricia matson, a speech writer and press assistant for patricia nixon. she continued in the first -- in the office for first lady betty ford. she had many years in senior roles at abc. bettyr dear friend monkman, who worked for years in the office of the curators retiring as chief generator and is a great colleague for us here at the association and has worked with us on many projects. she authored our book on major decorative arts in the white house book, which is available in our bookshop. she is a consultant to our white house history quarterly, which is a quarterly magazine which we are very proud of, an

. >> -- david rubenstein. >> you went public not too long ago. nowhe valuation was 1.7 and we are at $2 trillion for a couple of weeks and now at about 1.8 trillion dollars. >> no company is as valuable as ont company but it is traded the local stock exchange in saudi arabia. have you thought about listing it in new york, london or tokyo? >> we only offered 2% of the company. owned by the shareholder, the government of saudi arabia. now, the program is to have a number of listings over the years. we are looking into it. to have more offerings. >> we have been working for the past 40 years. today is about 60 years. like most other oil and gas companies, concessions are between five and 10 years. aside -- to a site, we want to make sure this world is big enough to produce more. at the same time, depletion rates of these wells is very small. have, 86he wells we thes ago or 84 years ago, updated operations for a number of reasons. is very muchy superb. waterw emission, we have injected. the water we inject is seawater. and the energy we are using to

rubenstein at carlyle group, there co-ceo, hassan liu he. yen showing 110.40, a little bit of stability in a difficult third day for the markets. this is bloomberg. ♪ ♪ have someone that not only knows the company very well. run afew of our him just few of our important businesses, but someone we know well. >> bob has his -- i will double down -- the thing i take away from bob iger's legacy is get the content right and everything else falls in place. tom: never do i say never. i will say it now, i have never seen the shock of the south side like last night. and i'mto paul sweeney thrilled he will join us in the 6:00 hour. alex webb joins us. rich greenfield was stunned. paul sweeney was stunned. why did this happen? alex: we knew he was going to leave probably next year. surprised it has come this year. it is unclear what is going on. there is some suspicion something else is going on behind the scenes, but we had already seen bob iger delay his departure a few times. he stayed on three years longer. we have seen potential successor afte

they spoke exclusively with david rubenstein. david: you are the chairman of saudi aramco, the largest publicly traded company in the world and the largest oil company in the world. >> absolutely, the largest company from a lot of levels, market cap, the profit we generate is second to none, and the ipo we had was the largest ipo in the world. david: so you went public not long ago and the valuation was roughly $1.8 trillion. trillion and now it is about $2.3 trillion. now it is about 1.8 trillion today. david: no company is as valuable as that company, but it is traded on the local stock exchange. have you thought about listing it in new york or london or tokyo? >> we only offer 2% of the company, so still 90% of the company is owned by the shareholder which is the government -- 98% of the company is owned by the shareholder, which is the government. we will have listings over the years, we are looking into it to have more offerings. these offerings could continue to be in saudi, and if we have a good stock exchange that we thin

eastern, the smithsonian institution secretary lonnie bunch and david rubenstein take part in a position on slavery in washington. >> nine of the first 12 presidents brought in slaved people, used in slaved labor at the white house, because you are trying to figure out, what do you need to get a building going, to get a white house going, what do you need for the entertainment? what they realized is it is slave labor that will provide the foundation to craft and create what we can the white house. america" 1: on "reel at 4:00 eastern, the shores of you would you, telling the -- shores of iwo jima where several thousand were marines -- several thousand marines were killed. and then a look at lincoln, douglas and emancipation. explore the american story. watch "american history tv" this weekend on c-span three. ♪ announcer 2: c-span, your unfiltered view of government, created by cable in that and 79 and brought to you today by your television provider. sunday night on to a day, -- on q and a, we will discuss notable speakers of the house with matthew green. >> we have come a long way fr

ellie rubenstein, national director, march of the living in canada, phyllis greenberg hindman, president of the international march of the living, with guitarist found. we would like to thank our partners and presenting tonight's program into the march of the living, the council at general of canada in newark, hanover square press in the usc foundation. before we begin please take a moment to silence your cell phones to avoid any disruption during the program. thank you. please join me in welcoming our first speaker tonight acting canadian council general. [applause] >> thank you rita. gracefully i was not held up by the impeachment hearings in washington. [speaking in foreign language] what an incredible honor it is to be here with all of you tonight to pay tribute to a remarkable man, and extraordinarily canadian mr. max eisen. my team at the consulate general has been seeking an opportunity to bring mr. max eisen to new york. for a man of his age he is a very busy schedule. it was not easy to get him here. thank you max for joining us and thank you to the press and the foundation, and

in addition to being on the board, she chairs the education committee which is the david and rubenstein for white house history and chairs the presidential sites. every two years we convened 200 presidential sites from across the country. that will happen in september 2020. she is the executive resident at the center for congressional and presidential studies at american university. she is a leading authority on the history of first ladies. she herself worked for four presidents and was chief of staff to laura bush. with patricia mattson with us tonight who was a speech writer and press assistant for patricia nixon and continued in the office of betty ford. she had an extremely distinguished career in strategic communications including many years in senior roles at capital cities abc. our dear friend, betty monkman, who worked for more than 30 years in the office of the curator retiring as chief curator. betty is a great colleague for us here at the association. she worked with us and continues to work with us on many projects. book on majorur decorative arts and the white house which i

next, smithsonian institution secretary lonnie bunch and philanthropist david rubenstein discuss the central role of slavery in antebellum washington, d.c. at historic st. john's church across lafayette square from the white house. the white house historical association in -- hosted this event in recognition of their new initiative, slavery in the president's neighborhood. quite please welcome the ,irector of st. john's church reverend fisher. [applause] >> welcome. good evening. i'm the director st. john's church.

you can catch more of the interview on the david rubenstein show wednesday, march 4. much more coming up here on bloomberg television including an interview with the former chief economist at the imf. stay tuned. this is bloomberg. ♪ >> a very good morning. markets have just come online. open in and south korea an hour. welcome to bloomberg markets: asia. decisive point the world health organization urges countries to move swiftly as california monitors 8400 people for signs of the virus. south korea records more cases then china for the first time. we will tell you about the figures. and the fastest stock market correction on record. 10%s&p 500 falls more than in six days at the bank of america warns of the worst shakedown since the financial crisis. let's turn to south korea. numbers coming in at a contraction of 1.3% month on month. the expectation was for contraction of one point 7%. a smaller contraction that expected. afterstill a contraction we saw those december numbers in the green. year on year contracting 2.4%. the number actually much bigger than expecte

a look at slavery in the nation's capital. 2:30, smithsonian secretary lonnie bunch and david rubenstein take part in a white house historical conversation on slavery in washington. >> nine of the first 12 presidents brought in slave labor in the white house. you are trying to figure out, what do you need to get a building going? what do you need for the entertainment? that slaveealized is labor is going to provide the foundation for them to craft and create what became the white house. railamerica, 4:00 p.m. eastern. "to the shores of iwo jima, co-telling the story of the brutal 36 day battle where 7000 marines were killed. presidency,"n "the a look at lincoln, douglas and emancipation. explore the american story. watch american history tv this weekend on c-span3. announcer: in this national history center briefing, we hear about the role of middle east oil and american foreign policy since the end of world war ii, especially the importance of saudi oil. >> i want to welcome you here this morning. thank you all for coming. my name is dane kennedy. i am directory of the national history

leigh-ann: catch more of that exclusive interview on the david rubenstein show peer to peer conversations. tukrkey came close to military conflict with russia after an airstrike killed 33 turkish soldiers. assadals say the regime will pay a heavy price and turkeyident, has been trying to persuade pressure to drop support for damascus. global news, powered by 2700 journalists and analysts in over 120 countries. this is bloomberg. anna, matt? anna: leigh-ann gerrans in london. european stocks are heading for their worst week since the financial crisis. the coronavirus spreading with countries from nigeria to new zealand reporting cases. joining us from beijing, bloomberg's selina wang. what does the global situation look like right now? has long stopped being just about china and has turned into a global story. selina: you are starting to see the momentum shift outside of china, appearing to enter a new phase of global spread, with infections on every continent except antarctica. for a second day, fewer new cases reported in china than the rest of the world. the world health organization sa

david rubenstein speaking with mr. schwab, wednesday at 9:00 p.m. eastern. just a good sent -- set of interviews and this is someone who profoundly changed what we do on global wall street. single best chart with chris grisanti. stock, stock, stock. forget the powell put, it is the power -- powell paul. -- call. accommodation, rates are going higher, no they are not -- no, they are not. you are beholden to central bank policy. how do you deal with it? chris: don't fight the fed, and you look at the coronavirus and what is that doing? making the fed more dovish and adding stimulus in china. francine was talking about where is the bubble? you look at sovereign debt, german bunds, john -- japanese debt, the huge bubble seems to be sovereign debt. with one third of the international yield curve below zero, it is something we have never seen before like mortgages in 2008. francine: what does that actually mean? in europe where we are seeing real negative rates, people are saying this could hurt social cohesion and could cause protests in the street. are we undere

tom: you look at the cross-border mergers never going to happen, and i had a panel with david rubenstein three or four years ago where we said the same thing. there is an institutional doubt to get efficient in european banking. can you own those shares? banks,i own no european not only because of the premise that reconciliation with the realities of hard economics will be a long time coming, but because negative interest rates make it almost impossible for banks to make money. , theve a target two system process by which central banks of europe borrow and lend from each other. germany provides more money to keep the periphery going. the bun has to provide the money -- bundesbank has to provide the money and say, we need more money. the central bank sends the money and a bill. negative interest rates, you have to send us more. commercial banks cannot make sensible returns for their shareholders. francine: what needs to happen to own european banks? consolidation, the end of negative rates, or something else? james: it is both of those. francine: so 2023? james: you need to look at the gl

and the smithsonian institution secretary and david rubenstein take part in a white house historical association conversation on slavery in washington. >> nine of the first 12 presidents used slave labor at the white house, you are really trying to figure out what do you need to get a building going, to get a white house going. what do you need from the entertainment. what they realized is that it was slave labor that was going to provide the foundation for them to craft and create what became the white house. america, the 1945 film, to the shores of the wood gmac, telling the story of the brutal battle where 7000 marines were killed. presidency, a the look at lincoln, douglas, and emancipation, with harold holzer, and david blithe. explore the american story and watch american history tv on c-span three. washington journal continues. host: we are back, starting a discussion about health care and campaign 2020. antos,joined by joseph the health care and retirement policy scholar, and josh bivens, director of research at the economic policy institute. thank you for being here. josh, h