f we were able to become actually the force for change in harvard and harvard we changed harvard and harvard changed us. that's essentially what the book is about, a matter of four years what happened before and and after harvard. one significant thing we did is formed the first black student group organization at harvard and we were 18 and the whole class was 1100 so would like 1.59 percent of the class it wasn't that significant. i will tell you about my life a little bit real fast, my parents were from were born in south carolina in the 20s and they went to school in aiken, they got high school degrees in the aiken chapter. my dad, they were part of the great migration coming up to the north. they came up in about 1940ß1, i was born in 42. the federal housing projects my dad has always had three or four jobs and he became a subway modem up in new york. i went to boys high school in brooklyn new york and from there i went on to harvard, after harvard not really realizing what i wanted to do i went to medical school for a year which i really hated and also a part of my mother's, my

we were able to become actually a force for change at harvard and harvard, we changed harvard and harvard changed us and that essentially what the book is about, it's about our four years here and what happened before and after harvard. one significant thing we did is we formed the first black student group organization at harvard and again, we were 18 and the whole class was 1100 so we were like 1.595 percent of the class. it was wasn't that significant. anyway, so i'll tell you about my life a real fast. my parents were from born in south carolina in the 20s and they went to school in aiken, got high school degrees from south carolina and my dad, they were part of the great migration coming up to the north. i came up here in about 1941 and i was born in 42. and we lived in brooklyn. new york in the housing federal housing projects. my dad has always had three or four jobs and the ultimately became a subway motor man in new york. i have a sister who is four years younger and we both did pretty well in school and i went ooboys high school in brooklyn new york and from there went on to har

you applied to law school at harvard. you got into harvard law school. was the class half women and half men, or? [laughter] justice ginsburg: in those ancient days, i went to law school from 1956 to 1959. in my entering class at harvard law school, there were over 500 in the class. nine of us were women. a big jump from marty's class, he was a year ahead of me. there were five women in his class. and today, the harvard law school has about 50% women. [applause] david: now, in your harvard law school class, you did extremely well, and you got onto the harvard law review, and you were near the top of your class, maybe first or tied for first in your class. but then when your husband needed to move to new york, you wanted to transfer to columbia law school, and the dean of the harvard law school didn't think that was such a great idea, if you wanted to be a harvard graduate. is that correct? justice ginsburg: yes. he said i had to spend my third year at harvard. the reason i didn't was marty was diagnosed with a testicular tumor in his third year of law sc

money and harvard's dear to my heart because i'm a harvard fellow i consider myself a harvard man but harvard don't need the money it's exactly what senator cruz said one of the few times i'll agree with him harvard does not need the money how many other places right now are getting money that they actually don't need and how many will be caught and return the money to where it'll go somewhere where it could be used see that's the problem with this whole bailout thing who's going to ultimately get bailed out in the end and i don't think we're going to be happy with the results. now big banks have also been accused of favoring wealthier clients over less lucrative business owners when considering paycheck protection program loan requests surprise surprise it's no secret that banks are in larger processing fees for bigger loans but now 4 of america's largest banks wells fargo j.p. morgan chase u.s. bank and bank of america have been sued for allegedly failing to process forgivable p.p.p. loans on a 1st come 1st serve basis as they're supposed to do just of course banks are trying to pro

please join me to welcome melvin urofsky to harvard bookstore. [applause] >> thank you. as a historian my mentor always told me to start with a story. here is a story. in an eastern european villag village, two peasants got into a fight. they couldn't resolve the issue between them and one of them said let's go to the rabbi. whatever the rabbi says will be the solution. the other one says that is good. i trust the rabbi. and he says myours out h son, you are right. he leaves in the second president comes in and pours out his heart and the rabbi says my son you are right. at which point the rabbi who is been sitting there saying you both told both of them they are right and he said you are right also. and that is affirmative-action. to know that i was conflicted a part of affirmative-action that i like and there are parts that i think are not good at all. this would have been an easy book to write if i had just stuck with the supreme court cases. it would been one tenth of the size and i would have been done a long time ago. but i had to do with a lot of things. so if you

you applied to harvard, yale, and princeton. harvard did not accept you. so you then got out some coins and called the director of admissions at harvard and said you made a mistake. , what was that like? steve: that was frightening. we did not have cell phones then. so i got some quarters, and i found the phone number for the admissions office. the payphone was outside the gym. i stood there and put those quarters in and you could hear the ringing when they dropped down. i asked for the dean of admissions and i was put right through. he picks up the phone and i said i am steve schwarzman from , avington high school in pennsylvania. i am on the waiting list. i would really like to go to harvard. why don't you take me off the waiting list? he said, how in the world did you get through to me? he said you are not allowed to , talk to me. i don't talk to applicants. i said, but we are talking. he said yes. , you sound like a very nice young man, but unfortunately, we are not going to be taking anyone from the waiting list this year. our yield was higher than we

i got into rotc program i could get into at harvard, and the easiest place to get into was harvard business school. i wish i could tell you this had been part of career planning but that is how i ended up at harvard business school. david: you graduated 1970 from harvard business school and went to work at the pentagon. how did that happen? hank: at harvard business school , i basically worked at dartmouth. i did not have any business background. i spent most of my time at wellesley courting my wife to be. one class i did a fair amount of work in was a class that was taught by someone who had been former assistant secretary of defense. he recommended me to work in the pentagon for a small analysis group who worked on projects for the top leaders of the pentagon. that really transformed my life. david: you got assigned to the white house under president nixon and worked for jon erlichman. what was that like? hank: i started in the pentagon in april of 1972, six weeks before the watergate break-in. it looked like he did not understand the implications at the time. i was there it was a landsli

morgan for instance graduated from harvard college to harvard law school where he befriended another of trotter's friends w.e.b. dubois from the unities prize. morgan and trotter rallied their fellow students around protests against segregated barbershops in the 1890s which led to massachusetts civil rights legislation. the black man at the center of that case william henry lewis was morgan's classmate at harvard law school. a graduate of williams college and a scholar athlete who went on to coach football at harvard, lewis's inability to get a haircut at a white owned barbershop during commencement exercises prompted lewis and trotter's first civil rights protest. as an attorney elected to the cambridge common household in the state legislature lewis answered trotter's call when the guardian editor called on boston's small yet significant class of black attorneys to defend rogers in court. unfortunately for monroe rogers, conservative racial accommodation triumphed over radical black demand for his protection . on august 30 1802 at the attorney the writ, police officers who were sup

harvard should pay that back. i want harvard to pay the money back, okay? if they won't do that, then we won't do something else. they have to pay it back. i don't like it. this is meant for workers. >> harvard university did not take one penny that was meant for workers, not one penny. in the $2 trillion relief package that was passed by congress, about 7% of that bill was a specific set aside for the higher education emergency relief fund aimed to help students, not the universities. through a formula in the law, harvard was allocated $8.6 million, 100% of which they have dedicated to students in financial need. most students who go to harvard cannot afford it. 2/3 of the student body gets financial aid from harvard. and much of that aid in effect comes from the university's endowment. president trump specifically said he did not want to mention anyone else who he thought was abusing federal money, so he didn't mention the university with the second largest endowment in america, which is the university of texas, which has a $31 billion endowment. the univ

these were all new things at harvard law school. [laughter] >> and she did this not only in a wholesale way, but also in a retail fashion. in my third year, i was trying to decide which various esteemed federal judge of is going to clerk for after i graduated. i understand these are very much first world problems, but what was me. -- woe was me. so with all the temerity a law student could muster, i decided to place a phone call to the new dean and ask her about my predicament. and she may have had slightly more pressing matters in front of her, like fundraising or reconceptualizing the entire sort of landscape of harvard law school. nevertheless, she called me back and she called me back quickly. and so i said, dean kagan, should i clerk for judge merrick garland? or should i clerk for judge x? and she said, pretty diplomatically at the beginning, at least, they're both wonderful judges. and then her voice sort of lit up, and she said merrick is a friend, and she went on to say i think he would learn a lot from him. by the intonati

look at what harvard said, they said they never sought nor received these funds. if you look at that, wait a second, that's exactly like everybody at home who got a paycheck from the irs or whatever that was, a check from the irs. you didn't fill out paperwork and has for it. if you f qualified, it showed up in your bank account by direct deposit. harvard is saying that's how the legislation was written, that they never sought it. they haven't received it yet, but full disclosure, i went to harvard and i'll tell you if that check showed up, i bet they would've cashed it. but all of this hoopla came up for this so they never got it, never cashed it. my point is that it's the fault of the idiots legislatures who didn't put anat asterisk next to that they were going to support students at universities unless you had in a development that was big enough to rival michael bloomberg's fortune. they wrote the law so fast, we'll send you money to support the students. harvard can afford to support the students on their s own beer they thought about going tuition free. they

the first woman dean of harvard law school. six years after that, president obama invites her to become solicitor general, the first woman solicitor general that we've ever had. and then only one year after that, justice stevens retires and president obama names justice kagan to the supreme court. she is now going into her tenth term here. and we are very privileged to have her as the host of this evening. justice kagan. [ applause ] >> thank you jerry so much. as you can tell from that introduction before coming here i couldn't keep a job. [ laughter ] jerry, thank you for everything you do, for the supreme court historical society and everything that the supreme court historical society does for the supreme court. the historical society does extremely important work in reminding people of the importance of our constitution and our judicial system and its history and we're deeply appreciative. this evening marks the second of the society's 2019 leon silverman lecture series, which is devoted this year to dissents and the supre

harvard university accepting an $8.5 million loan for the bailout and the president weighed in. >> harvard is going to pay back the money. they shouldn't be taking it. when i saw harvard, they have one of the largest endowments maybe in the country, maybe the world. howie: even then it took a day for harvard to say it wouldn't accept the money from the taxpayers. joining us now, griff jenkins, fox news correspondent here in washington. griff, first harvard said it was keeping the money. why did these very smart money at this elite institution in cambridge not see this would be a pr problem. >> maybe the silver lining now they have a textbook case to teach how not to handle it. you first had secretary devos say give it back before the president put the pressure on. they initially said they would reallocate the money to the low income students. that wasn't good enough. greta van sustra nsaid harvard, do what shake shack did. they applied for the money and they realized they were a bigger fish and could perhaps weather this better. they gave the money back. harvard on the other hand certainly

i became aware of those issues at harvard law school? >> host: also at harvard law school you discovered a number theme that would be a liberal bias in academia that i think also helped drive donald trump selection along with other stories like the va scandal that you mentioned. i really do think if you were to read this book especially if you have the polling kale problem allegedly said she didn't know anybody who voted for nixon. if you were in that camp is donald trump this book would definitely help you understand. what was happening that would make people frustrated or angry around america that you may be insulated if you've had a fairly prosperous life. one of them is health care which is the story that is personally touched you. >> guest: that's right. i opened up about my story a little bit in the book. >> host: what you tell us of that about it. >> guest: i plan those words carefully. it's hard to tell your own story and to tell the stories of others but my own story. puts me in an 84% chance of breast cancer for lifetime. i was

luisa, harvard is not in herfuture . college is in her future. she finally marries, married unhappily and we don't really know whatexactly happened but according to charles francis diary , he comes back from the honeymoon and says i'm moving in, i'm not going to stay married to this guy but she does and she spends time drifting around europe and i can never decide whether i should be annoyed with louisa or sad for luisa or a bit of both because she's brilliant and today she would be governor of massachusetts because she's a woman that is going to be denied to her and of course duringthe war he had a brother serving in the army . dad serving in london. and a lot of elite, rob shaw's mother, their raising money for the soldiers getting care packages for manchester or soldiers or their rolling bandages. darning socks this aimlessly around europe. she has a miscarriage, a few years after that, can't have children and youwant to have children in the course role in victorian america is mother or wife or both , you can be a lif

during harvard years, trotter cultivated bonds, morgan you see here graduated from harvard college and harvard law school where he-- another graduate friend for the prestigious prize. they rallied around segregated barber shops in cambridge in 1890's which led to massachusetts civil rights legislation. the man at the center of that case, william henry lewis was morgan's classmate at harvard law school. a gifted scholar athlete who went on to coach football. his inability to get a haircut at a white-owned barbershop led the protests. lewis answered trotter's calls when the guardian editor calls on them to defend rogers in court. unfortunately for monroe rogers, conservative racial accommodation triumphed over radical black demands for his protection. on august 30th, 1902,s at attorney general reviewed the rit, brockton police officers who were supposed to transport rogers from boston instead put him on a train back to north carolina. there he stood trial for arson and attempted murder despite lacking an attorney and even though the white man whose barn he supposedly burned failed to tes

harvard and sta nford so many different ways. harvard and stanford and princeton and numerous other universities and college and large businesses have sent funds back to us and we are pleased to report that the funds have gone out, it is around $358 million and either have not gone out or we have renegotiated it when they are not getting them. so in a couple of cases they are sending them back and sending them back immediately so i think it was very nice and i want to thank harvard and particularly and when they read the facts. we appreciate it very much from harvard, princeton, stanford and other institutions. the bill also includes $30 billion to support small lending institutions helping small lending institutions helping small businesses and as we continue oui’ small businesses and as we continue our battle against the virus, data on the ground suggest we are making progress against the virus. new cases have declined and in the peak week 40% of american counties have also seen a rapid decline in new cases. 46 states report

those charts were very smart very coming up, trump calls out harvard. they said they will not except federal aid. this is bloomberg. ♪ ♪ ♪ earmarks 12 u.s. point $5 billion for colleges and universities in that massive stimulus, but that led to a class but in the president and harvard university. pres. trump: harvard will pay back the money, and they should be not -- and they should not be taking it. , but when i saw harvard, they are one of the largest endowments anywhere in the country, may be the world. they will pay back that money. trump's harvard denied claim, but this afternoon, the school will not accept any of the federal aid. let's bring in janet lauren. janet, just clarify for us here, harvard said initially that it never applied for the aid, that it was something that would've been distributed to the school. explain to us what happened. janet: yes. that is correct. the government came up with a formula that rewarded basically schools that give aid to low income students' pell grants. recipients made up of 25% of the formula, and the ot

harvard got some of it, $9 million. harvard now saying it is going to give back the money. that's interesting, isn't it. isn't that special. 12 minutes before the closing bell rings, another fishy situation, so to speak, is developing with the paycheck protection program, as large restaurant chains like shake shack and ruth's chris steak house came under fire for taking funds from the ppp that were intended for small businesses that were desperately struggling, a lesser known but very wealthy sushi chain has been caught overfilling the plates. california-based curra revolving sushi bar, a publicly traded company that apparently has about $24 million in cash reserves, recently obtained a $20 million loan from its japanese parent company so it had credit. well, it turns out according to l.a. eats website, nearly $6 million in federal stimulus from the ppp, it was able to snag. despite the critics out there, investors digging in on the news and shares are up about 7.6%. i do want to give credit to l.a. eater.com. they were the ones who discovered this and i'll tell you somethi

harvard is going to. you have a number of -- i'm not going to mention any other names but when i saw harvard. they have -- one of the largest endowments anywhere in the country. maybe in the world, i guess. and they are going to pay back that money. brian: yeah. so that was steve mnuchin saying i'm not going to press it but that's not what should happen. the banks should have stopped it, too. it's all new to everybody. here is what jason newton from harvard media relations said caught me by surprise different than everybody else. harvard hasn't supplied or received any funds through the u.s. business administration paycheck protection program with small businesses. reports otherwise are inaccurate. president trump is right that it would not have been open the for our institutions to have received funds designated to struggling small businesses. harvard has been allocated funds as part of the cares act higher education emergency fund. harvard has 100% of these higher education emergency funds provide direc

news on harvard, neil, has got that next. we will see you tomorrow. bye-bye. >> neil: thank you, bill. it is the warning that has everybody talking. why did he mean? what are the cdc director mean about maybe a more maryland strand of this coming later? this has protests keyed up in richmond, virginia, among a half-dozen other cities and states today that are dealing with the shutdowns, which state had enough. we will be up on those protests. but first on what the cdc director meant when he told a "washington post" that there is a distinct possibility that a second stronger virus could be coming our way by the end of the year. the latest from cdc headquarte headquarters, in atlanta. jonathan. >>

he was a music major at harvard and a masters in music from yale. derrick wang is his name. he decided it would be useful to know something about the law, so he enrolled in his hometown law school, the university of maryland. and in his second year, he took a constitutional law course. he read these dueling opinions, scalia on one side, ginsburg on the other, and decided this could make a very funny opera. [laughter] so i'll just give you a taste of "scalia/ginsburg." it opens with scalia's rage -- [laughter] it's very hungarian in style. and he's saying, "the justices are blind. how can they possibly spout this? the constitution says absolutely nothing about this." [laughter] and then in my soprano voice, i answer, "dear justice scalia, you are searching for bright line solutions to problems that don't have easy answers. but the great thing about our constitution is that, like our society, it can evolve." so that sets up the difference between us. the plot of "scalia/ginsburg" is roughly based on "the magic flute." [laughter] scalia is locked up in a dark room. he's being p

this money harvard you pay that money back i want to harvard to pay the money back ok and they won't do that then we will do something else they have to pay it back i don't like it i don't like it this is meant for workers this isn't meant for one of the riches institutions not only far beyond schools in the world. to get paid back one of the paid back. trust your 4 clubs had you were for a little. who didn't have you thought about your eager family members and even some . hateful to how they fit in and. copy your garage you not allowed to have the golf courses open you can't have the clubs open can't have anything it's a it's a big hotel and resort and i think there's probably 70750 people so you can't have anything open and you say what are we going to do have a full payroll and have the whole place with you know there's no income coming in 1st of all everyone's home and they're supposed to be 2nd to florida you can't use golf courses. that one i'm not sure i agree with you know you have parks and golf courses where you have open space but that's what it is so i have others also th

and a warning from a new harvard study air pollution makes coronavirus even more dangerous than it already is. after weeks of negotiation politicians in the u.s. have agreed on a new bailout package to protect the world's largest economy from turmoil caused by the coronavirus pandemic the last few hours the senate passed a nearly 500000000000 dollar relief bill to help struggling small businesses it will also provide more funds for hospitals and testing the package follows a 2 trillion dollars stimulus package signed last month the bill now goes to the house for a vote. this gives us another $310000000000.00 for the p.p.p. we look forward to the house passing this tomorrow in being up and running quickly after that this also gives us $50000000000.00 for disaster loans idle loans that will allow the s.b.a. to make $300000000000.00 of disaster loans all 1st small businesses. also allows us as the president said more money to hospitals and unprecedented amounts of money for testing and again i think we understand hospitals not only the hospitals that have been impacted by coronavirus but more

you heard what is going on at harvard. the other issue in the latest tranche of money, additional $300 billion they can avoid that. let's ask charlie gasparino. harley what are you hearing? >> looks like the treasury has been following our reporting on this network, your show, claman's show on the problem with the ppp. i spoke with treasury department officials yesterday about that. here is what i'm hearing now. this is pretty interesting breaking news, i don't know how it could be, how this will all work out but what i'm hearing now is that the treasury plans to institute what has been described as voluntary clawbacks of ppp money. that is the low interest loan money for small businesses that are going to outfits that don't really need it. it is more than just public companies like shake shack which actually gave it back and some other companies. as we've been reporting, it is hedge funds. it is very profitable businesses. because they have banking relationships with the banks, they automatically get to the front of line.

they are going to pay back that money. >> harvard saying that harvard did not apply for nor did it receive any funds, they have been allocated funds as part of the cares act which will be used to provide direct assistance to students facing urgent financial need to due to covid-19 pandemic. let's bring in the chairman of the senate republican conference, wyoming senator john russelsenator john barrasso. you heard the president's reaction at the briefing to harvard receiving that money, although they didn't say they applied for those funds under ppp, it fell under the cares act for academic purposes. so do you think harvard should give back that money and how do you assure the american people that despite congress securing all this money that it's going to get into the hands of those small businesses that need it most? >> while the president is absolutely right. harvard shouldn't be getting all of this money. the focus of the cares act is to rescue the american economy at a time when we are under attack from a disease. my focus has been hospitals as well as small businesses. what we needed

. >> harvard will pay back the money. they shouldn't be taking it. harvard is going to. you have a number of -- i won't mention names. when i saw harvard. they have the largest endowment in the country maybe the world. they'll pay back the money. >> just the facts. >> harvard it get money. $9 million. what the president got wrong in suggesting that harvard got this $9 million from the package of money supposed to go to small businesses. it didn't. it issued a statement saying it didn't apply. where the money came from was a separate package within the relief bill that was for colleges. there's a fair question should they have taken it. they say every cent of the money has gone to emergency student needs. so those are the facts. >> all right. thank you both. i want to get the truth about testing from cnn drew griffin. hole the rapid coronavirus test the president claim was a whole new ball game. what can you tell us? >> this is the little machine point of care machine. that tells you instantly whether or not you have covid-19. or not. cleveland clinic ran some tests on it

gerardo: la universidad de harvard cuenta con un fondo de unos $40,000,000,000. por ello, causÓ sorpresa e indignación que hubiese recibido un paquete de ayuda para los estudiantes de 8.6 millones. donald trump se uniÓ a los reclamos. [[hablan --[ habla en inglÉs] >> harvard va a devolver dinero. ello no debieron tomarlo. ellos tienen uno de los mayores patrimonio del paÍs tal vez, en el mundo iban a devolver ese dinero. gerardo : la noticia de crÉdito no surgiÓ de una auditorÍa, si no saliÓ del propio periódico de la universidad despuÉs de que dos reporteras de nomÁs de 20 aÑos descubrieron la transferencia. [habla en inglÉs] >> la semana pasada utilizamos base de dato del sitio en la red del departamento de educaciÓn para buscar quejar -- harvard recibirÍa el dinero. gerardo: dijeron que las reacciones fueron inmediatas. [habla en inglÉs] >> recibÍ correos de gente que estaba sorprendida de ver que harvard habÍa recibido esta cantidad de dinero. obviamente, la reacciÓn en redes sociales de polÍticos como ted cruz. gerardo: en principio, dij

david: you went to harvard and got a masters in computer science. did you find it was harder or easier than you thought? jean: i would not say harder or easier. at think it is more interesting, and my key purpose to go abroad is to see the world and meet different people and it was rewarding. david: your english is, by my view, perfect. jean: not really. [laughter] david: pretty good. did you get this at harvard or china? jean: i think i probably got in china. in china, we start to learn english and elementary school. if you have a good english teacher at school, you get ok. i would not, english perfect. david: it is better than mine. when you graduate from harvard, did you decide to go to a great chinese for my goldman sachs? jean: it was almost accidental to join goldman. i did a summer intern in the research division as an i.t. engineer in hong kong. i thought it was fascinating, what people are doing. i decided i wanted to apply for a full-time job. that's why i ended up in the investment banking division in hong kong. david: you stayed in hong

. >> sacando la mejor desde estudiar en harvard hasta un almuerzo con leonardo dicaprio algunas de las cosas que podemos hacer por internet mientras estamos en casa. >> noticias telemundo con vanessa hauc. ♪ ♪ >> el noreste del paÍs estÁ en la mira de las autoridades ante la posibilidad que surjan nuevos focos de infecciÓn, ese es el caso de massachusetts y rhode island, mientras aumenta la presiÓn en las calles para reabrir el paÍs, esto ocurre cuando estados unidos reporta mÁs de 37900 muertes y mas de 726 mil contagiados dos docenas de estados hicieron patentes su deseo de levantar o relajar las medidas de cuarentena, pero muchos se preguntan si el presidente trump se equivocÓ al hablar de una forma prematura de una reapertura del paÍs vamos con javier vega con todos los detalles, muy buenas noches, javier, cuÉntanos >> ¿quÉ tal? vanessa el presidente llamÓ a una conferencia de prensa que no estaba agendada originalmente en la casa blanca y lo hizo para defender las acciones de su gobierno ante la pandemia y los tuit que publicÓ ayer para avivar estas protestas cont

, he graduated first in his class and then he goes to harvard any finishes in three years and he was a little bit turned out by the liberalism at harvard as an undergrad and for law school betty continue to practice his faith and he maintained and him and his wife jane very strong practitioner and we do have a lot of catholics on the court but there have been catholics who have not been conservative such as william brennan and sonya. i don't want to define that so much with him but his face is been very important to him and the one thing i want to mention, even though he bristled against the liberalism at harvard just because his graduating and when he finishes his two clerkships, ronald reagan has just been elected. >> i think you mention what did he hear and ronald reagan. >> the call. >> there he was working for then associate justice at the supreme court in a very super tedious courtship, he's wondering what to do next and he listens to ronald reagan in january of 1981 and he hears him speak about his agenda, economic and social and john roberts says i heard the call, i wanted to

nobody from harvard business school ever went into the commodity division. but, i went to merrill lynch's commodity division. i said, hey, can you give me a job? the director of commodities that summer gave me a job to help him around. in 1973, we have the oil shock, bear market in stocks, commodities is the hottest thing. i was hired as the director of commodities at dominic and dominic having never done anything. i was hired. david: you left that to set up your own firm? ray: yes. that was 1973, 1974, big bear market in stocks. dominic and dominic went broke. i went to hayden stone at the time. it did all of those mergers. i became in charge of institutional commodities, in other words, hedging of all different things. that put me with all different futures markets. then we got into the environment where -- 1974, 1975 -- you got into this environment where interest rates tightening of , monetary policy, all of those things were driving the markets. that got me hooked on those markets. anyway, i got fired from there because i was a bit rowdy. david: did you