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Already got some news now from what is really the biggest hedge fund industry conference in the entire world.
The conference is -- assault takes place in Las Vegas and that's where we pick up the phone with our very own -- -- -- Charlie what's happened since we talked yesterday and -- -- have you gone to sleep.
I was related news is that -- mopped -- our eyes.
And Bay Bridge could be -- really.
Really religious event last night's closing and -- I prayed that this is a great place because.
It's like you know every single major hedge fund guys here I mean he's sold my tweets from yesterday I mean.
Still Falcone went -- -- state debt -- -- -- -- that attack against Yahoo!.
-- -- Starwood chairman is actually really sport investor.
I mean this is a place where you can you know -- luckiest -- learn a lot about the markets.
And you know it's great network -- -- -- -- that's what guys here.
Social place because it's -- Las Vegas where you could hurt a little bit and or in my case a lot and a I'm not certain and I wish I could get to -- a great exploits last night but -- It really was you know double Martinis while more than a couple thousands.
Of players and -- at stake in -- bed.
Some highlights from the conference a lot of these things are off to record we did speak to people and they were -- out I mean Barry start might -- one of these things.
-- did to the Obama administration -- -- pretty.
Pretty much about you know basically you know sixties exactly you know I was you know.
These things or to a wreckage -- the quote the people come out.
But is -- exact quote something along the lines of you know you can't to Actuate to prosperity.
It is extremely dismissive of the economic policies of President Obama.
-- global from what I understand spoke about Yahoo! you know he's a he didn't want to change in the CEO CEO as you know -- Thompson.
Allegedly or at least I think the company discloses.
You know popped up his resume -- he ran a tech company when he did or at a background technology when it didn't which is -- little odd given the fact that you running Yahoo!.
You know he basically said that some of the twentieth and Tuesday it was pretty funny quote he doesn't want -- to CEO of Yahoo! -- activist shareholder.
Remember he's about to be attacked these -- exorbitant CEO position of -- nobody make great board member.
We'll see -- with distinction -- -- -- Gamble of third point to be active shareholder vote to get rid of the CEO made probably will.
The -- sit on the board that was suggested.
Credit -- and start not a pretty picture trying to picture -- or capital.
You know even tell us you know from what I have stated.
Every year -- talk about the Volcker -- -- a lot of these guys are traders here right.
But they -- and hedge fund side not the Wall Street side because of the vocal rule.
-- or Wall Street.
Are like there's not a betrayed -- they can't -- giving risk.
So they're bolted for the hedge fund business and he was talking about getting a court date from big time traders about working -- so Volcker Rule.
Really is having an impact on Wall Street I should point out that besides -- predict.
You know fight to the survey here they would -- -- bombs that would reelection.
That is -- overly optimistic totaled about you know what about the Wall Street guys to go that well maybe -- credit risk they have been mapped.
That is it Wall Street -- or on the stand -- -- it's good old is the it -- if this probably get the president.
You know I think the -- rules would be watered down if the Republicans would tree branches.
Which is possible.
The Volcker Rule -- and got dot -- is done.
So I mean I out of the big getting snapped like -- the other -- assistant outlawed political talking about it.
-- like a likely and -- you know maybe almost definitely second two.
Are right Charlie good stuff in while keeps up today behave yourself and we'll talk to see Charlie Clinton targeted -- I -- the salt conference in Vegas as we do every fifteen minute.
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