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The -- back Bob back during the -- fiscal cliff debate more than sixty CEOs sign the fix the -- campaigns some signed it didn't say much -- -- but others.
Became very vocal -- claimant is in Davos Switzerland at the World Economic Forum with one of the most passionate of those CEOs.
Very passionate he wrote -- -- he gave speeches he gave us a live interview on election night on Fox Business.
And you know what it was all about how crucial it is to fix the debt he is the CEO of NASDAQ OMX -- -- felt good to see Bob glad to be here half.
And where do we stand now -- think that that any closer well I certainly think we're disappointed with how the fiscal cliff negotiations played out.
And we as CEOs and fix -- debt said that we were fine with tax rates going off on the wealthy.
And we said that in the context of in addition which -- spending cuts we -- one half of the deal.
-- certainly hopeful that congress and the president will go forward with spending cuts as C you know address the -- and other.
Continuing budget budget resolution issues that they have well except that now of course we have this debt ceiling once again are you optimistic about things yeah.
I certainly do not believe the debt ceiling is where these negotiations -- -- should take place we have incurred these debts -- the full faith and credit of the US government should not be put to rest so we think the debt ceiling better or worse -- it made that decision.
Can't go back to -- to.
Extend the ceiling.
They use other places such as sequester or continuing budget resolutions in order to you know basically negotiate the next -- will of -- -- another downgrade of US credit to that there's some.
Noise about -- possibly joining us and PM in cutting the US rate.
At and it wasn't the worst thing in the world the first time that happened a year ago August but.
That affect some of your listed companies doesn't it does in my feeling is that the credit rating we have today.
At this US government we really don't deserve.
So this had been a commercial enterprise companies such as that -- General Motors and acted the way.
The US government did was respectable last debt ceiling debate.
-- be downgraded to jump it's I think it's important for the US government to act responsibly.
To earn a ratio they are a rating that that's proper.
So I would be concerned about downgrades what.
A difference a year makes the last time you and I were sitting here in Davos Switzerland you're teaming up with the IntercontinentalExchange.
To make an eleven point three billion dollar bid for.
I prefer for -- -- of course and and here we are here later and that partner ice partnered with a -- -- To merge yes.
When you heard about that to that's just give you pit.
Your stomach about what you think about them now while I certainly wasn't surprised because in the year the value of -- your -- is clearly decline and were ice bid alone for life was not so it's different.
And they could bid for the whole asset and it was a clear of that merger -- acquisition I think it's good.
You know four.
Of the night easy shareholders but I also think that it probably get so out of a jam with respect to -- London clearing house.
I think places demonstrated capabilities to -- clearing house strategy -- that wasn't so clear.
If their standalone entity they've been pretty obvious about the fact that they may just spin off the Euronext part of -- would you then -- -- up.
Now what we said is to the states that they that's it becomes available we would have to consider -- -- I'm not sure if we'd be interest in bidding.
Or not and I have the money for what's that which you have the money court depends on what the prices.
It's -- question -- -- for the dialysis nothing that we think about two day.
-- -- we're certainly focus on our business plan so we're very.
-- -- happy with the success we've had and it allowed us to really thrive in very difficult times and we had a very strong 2012.
Which -- very good things in 2013.
I was up the NASDAQ for an IPO that got a lot of attention and that was solar city this and of course Elon -- of Tesla who rests on the NASDAQ was there he's the chairman.
And would -- is that is the CEO we've covered the very closely what what is it that we make a pitch.
Why NASDAQ vs nicely and I should mention News Corp.
the -- of our our company is NASDAQ listed except.
The first they have had to say is -- has certainly fantastic -- for Norton and it's really remarkable what he's accomplished with SpaceX has solar and now sold city.
And when you look at the -- value proposition is set nerves are on the fact that we have a very deep relationship with -- listed companies so we just don't have the listing as a touch point.
It's interest seeing that this services that we provide.
Well actually we project twice as large -- -- -- the listing revenue itself.
Once we complete the acquisition of Thomson Reuters assets in this space so we try to maintain a very deep.
And really copper has -- relationship well -- comes over time that's really unique.
He was pretty vocal about.
NASDAQ CEO Bob -- speaking with please claimant you know.