| 00:05:47 |
Rhodes, William R. - President and CEO
WILBUR AND TERRY, FOR YOUR VERY KIND COMMENTS. I SHOULD MENTION THAT, ACTUALLY, THE TITLE OF THE BOOK WAS THE IDEA OF McGRAW-HILL, THE PUBLISHER, TO...
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| 00:34:23 |
Rhodes, William R. - President and CEO
IN JAPANESE. [LAUGHTER] >> AND THE BOOK, BILL, IS
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| 00:34:30 |
McGraw, Terry - President and CEO
IN PORTUGUESE, IT'S IN SIMPLIFIED CHINESE, KOREAN AND NOW JAPANESE. AS WELL. UM, I THINK THAT, YOU KNOW, THE DISSERTATION WE JUST HEARD FROM BILL,...
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| 00:35:49 |
Rhodes, William R. - President and CEO
WAS AN INTERNATIONALIST FIRST CLASS. AND HE EXPANDED CITIBANK SIGNIFICANTLY OVERSEAS. HE WAS A GREAT FRIEND OF JAPAN. HE USED TO GO TO JAPAN REGULARLY,...
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| 00:40:01 |
McGraw, Terry - President and CEO
AND AGAIN, WHEN YOU START TALKING ABOUT THE KIND OF RELATIONSHIPS AND THE KIND OF LEADERSHIP, YOU KNOW, WE TILL SEEM TO HAVE -- WE STILL SEEM TO HAVE...
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| 00:40:57 |
Rhodes, William R. - President and CEO
CHINA. >>
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| 00:40:58 |
McGraw, Terry - President and CEO
AND CHINA. NOW WE ADD ANOTHER 21% OF WORLD GDP, THE UNITED STATES, WHICH IS UNDER 2% GROWTH AND, YOU KNOW, IF WE DON'T RESOLVE SOME OF THE DEBT CEILING...
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| 00:41:25 |
Rhodes, William R. - President and CEO
7%. >> EXACTLY. >> WITH SO NOW YOU'RE UP TO
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| 00:41:29 |
McGraw, Terry - President and CEO
50% OR SO OF WORLD GDP THAT IS A DRAG ON THE ECONOMY. HOW DO YOU LOOK AT, YOU KNOW, THE BROADEST SENSE OF CONTAGION AS IT RELATES TO EMERGING MARKET...
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| 00:41:48 |
Rhodes, William R. - President and CEO
TRADE FIGURES TELL IT ALL, WHETHER YOU AGREE WITH THE FIGURE ON GROWTH OR NOT, I THINK THE TRADE FIGURES SHOW WHAT'S HAPPENING. AND THERE'S NO DOUBT...
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| 00:46:39 |
McGraw, Terry - President and CEO
THINGS THAT YOU WERE TALKING ABOUT, THE LEADERSHIP, POLITICAL LEADERSHIP, TIMING AND THE BANKING UNION, GETTING THE BANKS BACK INTO THE LENDING AND...
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| 00:47:25 |
Rhodes, William R. - President and CEO
BIG OPPORTUNITY FOR THE PRIME MINISTER TO SHOW WHAT COULD HAPPEN IN RUSSIA. WE'LL JUST HAVE TO SEE BECAUSE THEY'RE SITTING ON TOP OF ALL THESE OIL RESERVES....
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| 00:49:51 |
McGraw, Terry - President and CEO
AND LET'S OPEN IT UP, AND LET'S START RIGHT OVER HERE. >>
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| 00:50:00 |
Unidentified Speaker, -
JIM BIXLER. LOTS OF ECONOMISTS SUCH AS YOUR FRIEND RUDY DORNBUSH FROM MIT THAT YOU MENTIONED, ARE BELIEVERS THAT COMPETITION IS THE HALLMARK OF A COUNTRY...
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| 00:51:13 |
Rhodes, William R. - President and CEO
I THINK IT'S A VERY GOOD QUESTION. A LOT NEEDS TO BE DONE THERE. AND I THINK THAT AT THE TIME THAT THE EURO WAS PUT TOGETHER AND MY GOOD FRIEND BOB ...
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| 00:53:56 |
Unidentified Speaker, -
IN 10 OR 20 YEARS? EURO? >> I THINK THEY'LL
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| 00:54:01 |
Rhodes, William R. - President and CEO
MAKE IT THROUGH. I THINK YOU CAN QUESTION WHO THE MEMBERS ARE GOING TO BE. I THINK, OBVIOUSLY, IN THE CASE OF GREECE NOBODY WANTS TO DO ANYTHING BECAUSE...
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| 00:55:28 |
Unidentified Speaker, -
TIME. >> [INAUDIBLE] >> DID EVERYONE HEAR
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| 00:55:32 |
Unidentified Speaker, -
THAT? I THINK -- >> DID THE U.K. MAKE
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| 00:55:34 |
Unidentified Speaker, -
THE RIGHT DECISION IN NOT BEING A MEMBER? >> WELL, THE PRIME
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| 00:55:41 |
Rhodes, William R. - President and CEO
MINISTER AT THE TIME CERTAINLY THINKS SO. AND AS YOU KNOW, CAMERON OSBORN IS SORT OF A YOUNG MENTOREE OF HIS. SO YOU CAN ARGUE THAT BACK AND FORTH AT...
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| 00:56:33 |
McGraw, Terry - President and CEO
GETTING A LITTLE TIGHT HERE, SO LET'S GO TO TWO QUESTIONS VERY QUICKLY. RIGHT HERE AND THEN RIGHT OVER HERE. >> DO YOU THINK IT WOULD
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| 00:56:43 |
Unidentified Speaker, -
ENHANCE ECONOMIC OPPORTUNITIES IN ASIA IF WE HAD MORE ASIAN MEMBERS OF CONGRESS? >> THAT'S AN
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| 00:56:52 |
Rhodes, William R. - President and CEO
INTERESTING THOUGHT. OF COURSE, SOME VERY SENIOR MEMBERS OF CONGRESS, IN FACT, THE SENIOR SENATOR JUST DIED WHO, INOUYE, WHO HAD TREMENDOUS CLOUT THERE....
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| 00:57:15 |
Unidentified Speaker, -
WHO ELSE -- [INAUDIBLE] >> WELL, YOU
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| 00:57:19 |
Rhodes, William R. - President and CEO
HAVE, I THINK THERE ARE SEVERAL. YOU HAVE ONE WHO'S A KOREAN, I THINK YOU HAVE ONE KOREAN-AMERICAN, AND I THINK YOU'LL SEE MORE GOING FORWARD BECAUSE...
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| 00:58:25 |
Unidentified Speaker, -
THE FORMATION OF THE EURO, THE THREE-TIER EURO WAS CONSIDERED BUT NOT ADOPTED. AN UNFORTUNATE RESULT OF THIS HAS BEEN THAT THE MEDITERRANEAN COUNTRIES...
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| 00:59:22 |
Rhodes, William R. - President and CEO
TO SAY HISTORICALLY WHEN I TALK ABOUT LATIN AMERICA AND ALSO ABOUT THE ASIAN FINANCIAL CRISIS -- CAREER -- KOREA IS AN EXAMPLE, INDONESIA ALSO -- IS...
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| 01:02:11 |
McGraw, Terry - President and CEO
LADIES AND GENTLEMEN, I'M AFRAID -- I'VE GOT THE BAD JOB OF HAVING TO SAY, I THINK WE BETTER HOLD IT THERE ON THIS ONE. AND WHAT AN OUTSTANDING PRESENTATION....
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.