You're watching...

Fear the Milken Elites?

Details

  • Description

    FBN’s David Asman at the Milken Global Conference on what’s ahead at this year’s gathering.

  • Duration 1:39
  • Date

Clips

Also in this playlist...

Government

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Next case whenever -- -- -- -- to getting together I'm -- -- -- usually they want more -- money or tell us what to do without lines David Asman.

Now has a tactical and he's at the Milken global confidence in the the Beverly Hills filled with business people political -- so David would -- -- this group gets together.

It usually means they got a tax -- mall but the at a sunny with a environment -- -- inside I -- I know where I know where you're coming from your talking about those folks in -- some places with names you -- now.

-- Beverly Hills.

These are -- reverend Michael Milken is as was what he did when he was -- He's one of the premier capitalism -- times in America -- one of the guys who came up with these creative financial instruments.

There really laid the foundation of the expansion of the 1980s.

Yes he has some democratic friends he himself may -- Democrat but he is that.

Capital -- first and foremost and of people being invited here are primarily capitalists they're people who believed in capitalism power of capitalism.

And that's why we're here because we're going to be talking to the people.

Who will tell us what the future of capitalism is in the united said the people who got Steve Forbes here we got Sam -- -- get Eli Broad.

We got Terry Duffy from the CME he's going to be talking -- was later in the day telling us.

How they're surviving that MF global meltdown.

A lot of things we're gonna be talking about but don't worry none of this internationalist.

Stop that.

You and I hate.

Q you almost that if you this international as I have no idea they're up almost out -- outside.

I know rocket trustee David -- to raise the capitalist stuff flagged cap I was glad to see you do that in California vocalist David thanks a lot we'll see a lot of period.