Wall Street Week
Blooomberg Wall Street Week - September 6th, 2024
Sep 7, 2024
Lawrence H. Summers, former US Treasury Secretary, critiques the notion of a US sovereign wealth fund. Sam Palmisano, ex-CEO of IBM, analyzes Intel's fall from tech supremacy, highlighting the need for innovation adaptability. Scott Rechler, CEO of RXR, discusses challenges in commercial real estate amidst soaring interest rates. Meanwhile, Darren Walker, President of the Ford Foundation, reflects on his impactful legacy, emphasizing the importance of community involvement in philanthropy and addressing social justice issues.
38:36
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- Lawrence H. Summers criticizes the concept of a US sovereign wealth fund, highlighting concerns about its potential effectiveness and implications for fiscal policy.
- Sam Palmisano discusses Intel's struggles to regain its semiconductor dominance amidst intense competition and the need for strategic reinvestment in innovation.
Deep dives
Understanding E-mini and Micro-Sized Contracts
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