Skip to main content

tv   Trending Business  Bloomberg  March 11, 2016 9:00pm-10:01pm EST

9:00 pm
♪ announcer: "brilliant ideas" is powered by hyundai motors. ♪ narrator: the contemporary art world is vibrant and booming as never before. it is the 21st century phenomenon, a global industry in its own right. "brilliant ideas" looks at the artists at the heart of this. they have a unique power to provoke, andnish, shock. in this program, we meet the mad and brilliant heri dono. ♪
9:01 pm
narrator: working across performance, painting, sculpture, and installation, heri dono is a master of satire. using humor to drive home a deeper political message. >> his work begins with that attractive appeal and then draws you in to engage with issues he isn't concerned about -- he is concerned about. narrator: combining tradition with contemporary style, heri dono is, in every way, unique. >> heri dono's work is innovative that he mixes popular culture and indonesian culture, and that has a broad appeal to the international audience areas narrator: and he is are usually one of the most important and socially relevant artists from southeast asia. >> he is one of the really most
9:02 pm
best fantastic storytellers. he is saying a lot about humanity, and it is up to you to reflect. heri dono: how do you make any art of thing? this is like my own life. ♪ narrator: with his flip-flops, t-shirt, and jeans, you probably would not think the man on the bike is one of indonesia's most famous artist. based here in the historical town of yogyakarta, just south heri dono is not one to let success get to his head. he is even named his studio failure, literally. heri dono: welcome to this studio. the meaning of the name, means it never success, meeting failed.
9:03 pm
meaning like the artist failed. perfectness -- unper fectness, and i will show you inside of the studio. ♪ narrator: heri studio may look like a toy museum at first. his work may appear harmless and humorous, but a closer look would remark razor-sharp social and political critique. >> the work is a mirror of his personality. guy as very, very humble well as well as one of the most charming person i ever met who is very sensitive what is going on also in this world. we have interventions, etc. tion, environmental, and at the end you see very
9:04 pm
funny paintings by heri dono. ,eri dono: sometimes in cartoon they have a common message not only about the jokes but a deeper message about something. we have three different level of character of people. the first level is the people who is still questioning about life. the second level is people discussing life. the third level, the people who really love how stupid they are. so we may make this, we know what happened. he cannot laugh, we do not know anything. so this is important. henry was born in jakarta in 1960. as a child, he was surrounded by violence of all sorts. heri dono: every morning, while
9:05 pm
we leave the village, in a newspaper, a person died, a lot veryiminal and like sadistic people killed. that question to me why i didn't , and when i moved to deatha, i explore this from my experience myself. that is why i put some of my paintings with a knife for the healing process about how to become human. in jakarta, sometimes if someone died in front of you, everyone is busy with their business. >> he told me, if i had grown up in bali, probably i would be mystical and ritualistic. but close to jakarta, i grew up
9:06 pm
where politics happened. also all of the military actions happened. there was a lot of tribes happened in indonesia, and that is the world i grew up in. the world which makes me think about. narrator: harry's own father was a freedom fighter. the president0's, who led indonesia's independence in 1945 was removed from power by his own general after a year of unrest. heri and his parents opposed the , and oppressive and bloody regime that lasted for 32 years. >> his father used to be a personal guard. military, and when things got tense, we
9:07 pm
had a new order, his father lost his job. inference thehis way heri think. politically. heri dono: my father was scared about me because my work is very political, but i never involved my parents in my activities because this is the art expression for me. explore and only to the consciousness of humanity. ♪ up under heri grew suhato's rain, which lasted until 1998. he used our to express criticism. in 1992, he created one of his best works.
9:08 pm
aermentation of the mind," biting critique of indonesia's education system. it is exhibited around the world except in indonesia. exhibition inthe 1998, before 1998, it is political. this is my experience, and i was student. i tried it to make a message that our minds are really fermented. it is only counting. we have no creation, we have no future to explore ourselves. creative a newnt version of the work, an update of thoughts for a more contemporary problem. heri dono: the span of political freedom to get in the expression . the government today, they have information from
9:09 pm
internet, and they think this is right. >> his works are reflective of their time, and their situation he is facing. the state and condition of the .orld, situation in indonesia it is almost as if it is a long story. if you look from older works to the present, there is many chapters in a way. that is still continuing. narrator: coming up, we explore the weird and wonderful world of indonesian why young and its influence on harry's work. ♪
9:10 pm
9:11 pm
narrator: heri dono is best known internationally for his unique brand of intelligence and politically decisive works. yogyakarta, his studio shows his mind, filled to the raptor with books and various knickknacks. heri dono: this is like my office. like my mother, we like to read very quick, and then we forget. but the book we have experience. ♪ narrator: heri draws inspiration
9:12 pm
from his childhood love, comic books and cartoons. but it is traditional in his culture, especially in javanese theater, that has interested him the most. school, i went to the puppet master. he lived in europe for 10 years, and he was talking with traditional artists in jakarta, because he was influenced by acting, and he was nominated for his performance. existence. >> when it comes to tradition, he was born and raised in jakarta. he was when he came to study in yogyakarta that he came in contact with those traditional javanese forms, which are a big part of life. in some ways, those traditional element for heri dono's work are quite exotic.
9:13 pm
and he had the opportunity to work with a well-known why young ayang puppeteer who is really informed in white gang -- wayang at the time. the traditional forms could be used to create express contemporary ideas. ♪ art dono: i studied this from the man. we made these slides. and then the body, the hand, the arms is longer than the legs. if they make normal like a human being, we cannot see the movement. i saw in the puppet really connected in the form as caricature. caricature is also good for political issue. >> when heri dono was one of the
9:14 pm
art contemporary artist in this thatr, his works have mystical feel to it. it is quite fantastical even. but it is not overly dramatic. good for a few people only, and it draws you into the intimacy to engage with his story, his tail, and therefore also his concerns. ♪ >> i find heri dono's work really intriguing, especially in the clinical works -- especially the political works. they remind me of childhood slide workers. an, studio is called kalah so he is up not afraid of losing. it really draws you in to the
9:15 pm
installation. ♪ one of harry's best known installations is "flying angels." the series was first made in reign before he was ousted. heri dono: i would not take it anymore. freedom.symbol of angels, flying influenced by classical stories before neil armstrong arrived on peoplen, the story of who live in planet mars, more further than the moon. the idea going forward, our inspiration with the aesthetic,
9:16 pm
the only thing about the future, nobody can stop it. that our ideas, they are inspiration. >> i noticed you put a lot of keys in it. heri dono: the started from the concept of wayang kulit. there is hostility that a long lifeago, people see this as a very sacred. actually, there is no connection with death, because it is like growing on the wall. male and female and like that. ,n the history of modern art how often they use a woman as object of beauty, i think it is more fair if also the mail can show in the figures. >> he is not afraid to go into
9:17 pm
territory of stuff that can be obscene and vulgar. it is endearing how you can be staring at a work and not notice until the very end. at the very end of looking at them, actually that male had genitals and no caps on. -- no pants on. he puts these commentaries in in a very subtle way. >>'s artwork brings a very important point in that, in southeast asia, often we think of culture as a bigot is traditional, something about the past. as something traditional, something about the past. we must make not the assumption. heri dono: sometimes you have a stigma if you use traditional form, you become traditional artist. artistortant of the
9:18 pm
about the message it self, the form can be original, but the message may be about something in our world today. narrator: after the break, heri travel to singapore for his residency and treats us to an exploitative -- exclusive
9:19 pm
9:20 pm
♪ havetor: heri dono's art gotten universal acclaim for its unusual mix of comic book language with harry's own javanese and traditions. his works are in demand all over the world. in 2015, he represented biennale at the end as
9:21 pm
-- vienna's biennale. it is his take on the colonial past with this trojan horse statue. and the cultural and historical significance to the mold. heri dono: what happened, and then my work, i make a dialogue or friendship with other artists from all over the world. i can put this context into international ways with more understand in meaning. ♪ narrator: heri has now been invited to singapore for stpi.ncy at the singapore >> we like to create the opportunities for the artist to grow. we have materials that they have not worked with. looking at harry's work, he is
9:22 pm
showing us the same. it is for him to be here, exploring the possibilities together. isrator: here at stpi, heri experiencing with different mediums from papier-mache to using traditional javanese canvases. he is also learning how to etch in ways he is never done before. heri dono: drop on the upper late on the first page. you have these drawn by hand. now this stage is for heri to do a grain on the top of it in order to create a form. which is basically here. it is like an experiment to do happened, andhat the type of mistakes. [laughter]
9:23 pm
you will learn from mistake. you are absolutely right. [laughter] ♪ >> lay it down. this is here. very good. good job. [laughter] ♪ narrator: back in yogyakarta,
9:24 pm
heri continues to work overtime on his never ending title of projects. heri dono: this is my studio. i say everyone is welcome to come here as a guest or also if they came here. narrator: even though heri has craftsman to assist him, he still believes in doing most of the work himself. heri dono: i don't want to be back. [laughter] so my assistant works from 5:00 in the afternoon. after then, i have to work. but nobody knows, because i work until midnight. ul ofork is the so industrial production, because it is fine art. and fine art means you need to touch it, you need to really, the really message you what to tell people.
9:25 pm
in my studio we are the same level. we are friend. there is no boss and people who are affected because we explore freely from mistakes, from failure, from you know, like this is exploring the works. narrator: heri has his own wayang studio in his theater. his performances are usually about old folktales. this one is a contemporaneous one about nothing at all. >> [indiscernible] heri dono: they are become position today. they can be at the form of artists. like anot professional puppet theater, but we explore and try to develop heart from there. >> [speaking foreign language]
9:26 pm
[laughter] [speaking foreign language] ♪ heri dono: every artist need to consistent become an artist of change, if it means only small things like africa. many people dismiss it like consistent in this to freedom. the good target is different works. artworkan artist and an becomes important in a particular time because of how
9:27 pm
it connects, not just with people but also in terms of regular meeting with the sorts of situations we are facing. these are elements that heri has introduced into his artwork. retireno: i will never as long as i have life. art is like a food. if i did not make any art, i think i suffer. art is like might necessity in life. ♪
9:28 pm
9:29 pm
hey how's it going, hotcakes? hotcakes. this place has hotcakes. so why aren't they selling like hotcakes? with comcast business internet and wifi pro, they could be. just add a customized message to your wifi pro splash page and you'll reach your customers where their eyes are already - on their devices. order up. it's more than just wifi, it can help grow your business. you don't see that every day. introducing wifi pro, wifi that helps grow your business. comcast business. built for business. when it comes to the fithings you love,. you want more. love romance? get lost in every embrace. into sports?
9:30 pm
follow every pitch, every play and every win. change the way you experience tv with x1 from xfinity. david: inside the magazine's news room in new york city. a device that tricks your cell phone into crevealing its serial number. meet the play boy who will introduce you to marco rubio's sugar daddy. all that and more in this week's issue of "bloomberg businessweek." et's go meet the editor. i'm here with the editor of "bloomberg businessweek." in the global economic section of the magazine this week, a profile of the president of brazil in the midst of this scandalous corruption scandal that's widened and widened and widened even more. guest: that's some talk for months and months that he might
9:31 pm
be impeached. it seems more and more like that could happen. she's embroiled in this huge scandal called car wash, which actually has to do with the national petroleum company and whether there were bribes to politicians for construction work, etc. and it's just getting crazy. and likely this weekend -- and there's likely this weekend to be a lot of protests. impeachment may happen. david: you look at a man you describe as marco rubio's sugar daddy. who is me? guest: he is very successful car dealership owner. he's had many lives. he was once the owner of the philadelphia eagles, and now sells very, very fancy cars. he's also been involved in the public life in miami for a very long time. he is rubio's biggest donor. $6 million. and they are very close to each other. you won't find like tons of
9:32 pm
favors back and forth. a few, but not tons. and he likes rubio. obviously rubio isn't doing so well. but he's had this supporter behind him. david: the car wash scandal to the car dealer. in the opening remarks section you look at oklahoma's shale addiction. what is it? guest: oklahoma was really the heartland of the whole fracking history in this country. and fracking did huge things for oklahoma. which was always an oil state. but became a big oil and gas state, was revived. all these companies were suddenly incredibly rich. the economy was doing much, much better. and now of course gas and oil prices are way, way down. the industry is collapsing and oklahoma is really feeling the pain. it's contracted by something over 2% last year, during one quarter. and things are looking really grim. it's sort of your boom-bust cycle. you see it in sort of the history and landscape of this
9:33 pm
town. david: so central to that story, a main character in that story, is who's on your cover this week. the founder, former c.e.o. of chesapeake energy, who met an untimely death. crashed his car in oklahoma a weaker -- a week or so ago. guest: we did a lot of oklahoma this issue. he was a larger than life character. we called him the shale king. he was not afraid of anything. he knew shale was going to be big. he bought up leases. he was really an incredible character. not afraid of debt. had huge amounts of debt. and, again, as gas prices dropped, his fortunes really collapsed. and he had been indicted the day before he crashed his car into a bridge. david: thank you so much. guest: thank you. david: "bloomberg businessweek" reporter spoke to carroll masur about his cover story. let's listen. reporter: he was a very smart, very shrewd guy with a great vision. dogged, hardworking. and at the same time a real fun guy. i never met him. but i wish i had.
9:34 pm
i think he would have been a fun guy to have a beer with. he had many, many interests. and one of them was in making oklahoma city a better place to live and work. and i think many people from oklahoma city would say he succeeded in particular in that vision. >> what's interesting too, there's a quote in your story or a passage in your story, where he had talked to bloomberg markets magazine and it said, if -- this is aubrey, if i wanted to do -- always do the most popular thing, then i'd be a follower. the funny thing is i don't consider myself a gambler at all. that's somebody who just closes their eyes and roll the dice. we don't do that. he knew what he was doing all along the way. in terms of his career. reporter: he did and he didn't. he did a lot of buying of land. so he could drill on the land. sometimes he was pretty sure there was gas under that land. sometimes he didn't really know. and that's risky when it's $10 million for a bad well.
9:35 pm
but he was willing to take those risks because he believed there would be a big surge in producing and in selling this gas. he was right about that. david: this week's focus on section looks into the state of surveillance. did you know there's a device which tricks mobile phones into giving up their serial numbers? this isn't science fiction. the device is called stingray. >> this story is about stingray, it's a brand name, any type of device that massacre aids as a cell phone tower and tricks your phone into giving up sometimes just its serial number and its location, and other times your phone conversations and your texts. carol: this is going on all the time or what? >> police departments around the country love it. the f.b.i. loves it. the military and intelligence company were the first to use it. and surprisingly it's getting cheaper and cheaper and more and more available. this story talks about the ways in which it one day might be something that everybody tries
9:36 pm
to have. carol: my neighbor could do this for not a lot of money. this has to have regulators looking at it closely. are they? >> the regulatory community's in a bind here because the law enforcement community wants to use this and they want to keep using it, so it really can't be banned. they can't -- you can't sort of invent your way out of this problem and build technology to block it because the police like it too much. that means the criminals can use. it that means your neighbors can use it. it's about a network that may never be fully secure. carol: kind of timely when we consider we're talking so much about apple and their battle with the government in terms of privacy issues. that thing of security and privacy. this is a battle that's going to be going on for some time. >> totally. i think the government is so frustrated they can't get into the iphone because they've been so able to get into the network for so long. we have this phone that's very secure. and a network that's not secure at all. they would like the phone to be more like the network. carol: interesting. you do tell the story through an individual. i don't want to give all of him away, but he sounds like a fascinating individual, a very
9:37 pm
smart individual. guest: this guy is the most unlikeliest guy to become patient zero for the stingray. but there he was a few years ago. this tax fraud internet guy who is filing false tax returns and making a little bit of money. carol: went to jail. guest: exactly. then from jail he tried to figure out how they caught him. that's how he learned that these stingrays were not just a military specialty item but they were the police's favorite toy. carol: you're right about all the work he did. why haven't we heard about stingrays before? guest: there's been little bits of stuff that has names like cell site simulator. stingray's made by harris corporation. they also make something called the hail storm and they made something long ago called the trigger fish. so what you get are a lot of different reports and a lot of complaints from the aclu. but what you don't get is the sense of where this is goingment and where it's going is -- going. and where it's going is cheaper, more available, scarier. carol: right. then you've got police forces that want to be able to use this, correct? guest: exactly.
9:38 pm
so the f.c.c. the iphone battle is about the government versus the private sector. the f.c.c. might want to block this. the military doesn't. david: just ahead, how to get hired by an activist investor. plus we'll introduce you to australia's ecommerce superstar and how am did on is trying to keep its employees from -- amazon is trying to keep its employees from stealing on the job. if you want to work out with victoria's secret models, i have the gym for you. ♪
9:39 pm
9:40 pm
9:41 pm
david: welcome back to "bloomberg businessweek." this week's markets and finance section, you can read about a new fad on wall street. catholic schools. among the big name donors writing checks for tens of millions of dollars to schools in boston, chicago and new york, merrill lynch, black stone group and drexel fund. there's still a price to pay. the wall streeters want a say in how the schools are run. in this week's technology section, the most infamous ecommerce pioneer, down under. i spoke with a reporter. >> australians were slow really to adopt internet retail the same way we do at least in the u.s. and this company started about 10 years ago and it was the first to go direct to these manufacturers.
9:42 pm
and ever since then it's been the most aggressive online retailer. david: tell bus the namesake here. how -- tell us about the namesake here. how was he able to get the idea and do it so quickly and well? reporter: he's an immigrant from belarus. he came to australia when he was 6 years old. one of these tales that you might hear about someone, he started all these businesses when he was growing up. he had a golf ball washing business, a car washing business. he did internet companies online. all through high school. and when he was about 23, he was a consultant and he'd made a bit of money and he wanted to buy a tv. and he went to try and buy a high-end one and it was $5,000 and he thought, that's a lot to spend. i wonder if i can get it cheaper. so he contacted the chinese manufacturer directly. and proposed that he would buy -- he pretended that he'd buy 100,000 units just to see what price he'd get. they said, we'll give them to you for $1,000 a poppest. looked at the difference in the
9:43 pm
prices and decided, this is a market opportunity. i can become a tv salesman. his mom started crying when he told her that. david: retailers often rely on consultants. they do a lot of research on what people are interested in buying. this is a company that has a very novel way of finding out what in fact consumers want. reporter: that's right. he makes fun of the idea of having focus groups and he calls people sheep who just take these surveys and say what they'd like, so they go on google, they use google analytics to really monitor what people are searching for. when 3-d tv's came out and tv makers were really pushing that, he went online to see if there was any interest for 3-d tv's and he saw there wasn't much from consumers at all. so they passed on making those products. he looks for specific models. it's not a company that carries everything under the sun. so this 42-inch with these features seems to be what people want, that's what we're going to make. he does the same thing on facebook and really out of the 200 employees that his company has, a huge number of them are
9:44 pm
running these analytics and doing all this this data gathers all the time. david: i'm going venture to guess i'm not the only guy who before reading your article hadn't typed in kogan.com. this is not something many americans know about. can we expect this company to make inroads into the u.s.? reporter: i was in australia and i hadn't heard of him either, then everywhere i went there was a kogan microwave and tv. i looked him up and say the -- saw the business was booming. to date they've tried to get into new zealand and they've done ok and they've tried to get into england and have done ok there. you can go to kogan.com even from the u.s. and order a product. as far as it becoming a household name, that is this guy's intent. that's what he wants to do over the next few years. i think it's going to be much harder for him to build this brand up outside of australia, where he had this advantage of being early to online retail. but that's what he wants to do. david: speaking of ecommerce, amazon has an innovative way of trying to prevent on-the-job
9:45 pm
theft. we spoke with a reporter. reporter: amazon is using anecdotes about people that were fired allegedly for stealing to try to scare or dissuade other workers out of doing it. they've actually got flat screen tv's where you see a black silhouette with the word terminated over it. and then anecdotes about other people that lost their jobs for allegedly taking something they weren't supposed to. carol: is that because amazon is losing so much stuff? are employees taking a lot of merchandise? reporter: theft has been a long time concern for amazon. this is a company that has a high turnover, low pay work force. a lot of valuable, small stuff in their warehouses. so they've gone to great length to try to stop it. carol: there's some history at amazon about their tactics when it comes to employees. they can be pretty tough, can't they? reporter: sure. there's a case that went all the way to the supreme court regarding the wait times to go through security checks and, more dramatically, as my co-author on this story reported several years ago, there were
9:46 pm
situations like the one in 2010 in pennsylvania where workers said they were stuck in the freezing cold in their t-shirts and shorts for hours after a fire alarm got turned on just because the company was afraid that if people could go to their cars it might be covered to steal something. david: in this week's etc. section, the editor gives us a sneak peek at the five most exclusive gyms on the market. he spoke with carol. carol: there's always interesting trends going on in the fitness world but there's some very interesting things going on right now. guest: right. people are always looking for a more exclusive experience at the gym. we found five that are going on this spring. for instance, actually one of the stute yos is the y-7 studio. they're doing yoga that then gets broken up with periods of hip-hop dancing. there's also a class called the skinny bitch collective. and you've got, in terms of names, we have another one called s-10. body ands for sub-10%
9:47 pm
fat. carol: getting all the body fat down. very literal. there's one i think that was called model fit. and there's actually, if you go to class, you're going to find a ot of models in there. >> yes. the train who are started it claims that morovicker toia's secret models have taken his class than any -- more victoria's secret models have taken his class than any other. there are several where you have to apply online and wait to hear back from them. thus the ex clues ivity of some of these. carol: that's what this is. it's being a little elitist. >> a little bit, absolutely. david: next up, afghanistan is looking for a few good bankers. plus brooks brothers discovers seniors may do it better. we'll tell but its factory in queens. also march madness is here and the madness has never been madder and the money has never been bigger. ♪
9:48 pm
9:49 pm
9:50 pm
david: welcome back. in this week's companies and industries section, you'll read about turkey's version of zara.
9:51 pm
a retail chain in turkey offering modest fashion for the field of secular and even observant muslims. the story's crushing local and foreign rivals in turkey. it's almost four times the share of its closest competitor. 80% of the country's consumers have solicited its stores. -- visited its stores. they know what turkish consumers want. another interesting story now in this week's companies and industries section. reporter profiles a pioneering brooks brothers plant. >> they have a factory out in long island city in new york and they make 1.4 million ties a year and half of their workers are 55 or older. carol: half of their workers? >> half. carol: we're in a world where everybody seems to be, you know, seeking out a lot of younger workers, they have found this to be valuable, to have those older workers with experience. >> absolutely. they couldn't operate, they say, without those older workers because they have certain skills that younger people don't have as much anymore. carol: that's why this is happening? >> that's right. but they also need younger
9:52 pm
people. so it's a very multigenerational work force. carol: they use a little bit of both to make it work really, really well. it's interesting, i'm curious if other companies are picking up on that, where they're finding the experience of older workers -- workers make sense for them to kind of hold on to. >> they're going to have to. there are a lot of small businesses doing it but bigger ones are seeing the need because you have so many baby boomers retiring and they have gaps, so they need to hold -- some of those older people in there. carol: in terms of brooks brothers specifically, they have these older workers. they realize they're valuable. is there anything they're doing that's kind of interesting or innovative in terms of policies to help them out? >> yes. older workers need time off for health issues often. so they give everybody 1,400 minutes a year to use to go to doctors appointments, take care of ailing spouses. younger people can use it also to help their kids, do those sorts of things. they also have a flexibility, if you get sick. and they work a lot with
9:53 pm
ergonomics on the job. these people are working manually, they're using their hand, they're moving around a lot. david: in this week's etc. section, a reporter exposes the sophisticated fantasy sports players who may use march madness as a way to take advantage of amateur players. >> we all are familiar with the brackets. office pools, you try to pick who is going to win in the 64 teams. carol: it's a big business. >> and it's mostly a black market. no one really knows, it's probably billions of dollars, but nobody really knows how much money because everybody just turns a blind eye to it. except for what happens in vegas, it's all off the books. we wanted to look at daily fantasy sports, which offers a product that looks kind of like, you know, you can go on, you can kind of guess which players are going to play well in the tournament. and maybe win a bunch of money. which is kind of the same idea. but as we looked into it, it turns out that unlike in your office pool, you're not going to luck into this by picking
9:54 pm
randomly or your favorite players or anything like that. carol: there's professionals out there. you call them in the story the sharks. >> right theefments are guys who play all year round. in particular, with college basketball, its own little funny subculture and community. there is in fact one guy who nobody knows who he is. goes by sox22. carol: not quite james bond but feels like that. >> even these very expert players that we spoke with say he dominates. if he's competing against you, he's going to take your money. he's out there. this is kind of the things you want to know if you decide, hey, i did a bracket, maybe i'll throw a couple of bucks in this fantasy game. this guy, he's waiting. carol: you need to remember that if you're playing, there are professionals out there who do it really, really well. >> especially if you go into the big money tournaments where everybody's allowed in. because that's where these guys really know how to work.
9:55 pm
david: so many other must-read pieces in this magazine this week. in the markets and finance section, you look at activist investors and how many of them have hired women. give us the number. how many have they hired? it's surprising. guest: so, we told this story through a graphic which we love to do at the magazine. nd we looked at how many board members had been appointed as a result of activist investors. since 2011 it was 108 and only five were women. so here's this group, they always say they're going to shake things up, make things better. not so much when it comes to women board members. icon hadent we thought . david: were you able to talk to them and get the sense of why this is the case?
9:56 pm
guest: we talked to one of dan's representatives who pointed out that they were involved in bringing marissa marr to yahoo!. i guess that meant they were very familiar with women. david: there you go. also in the markets and finance section, you look at the bank of kabul in afghanistan. there's now a movement under way to get that to go private again. guest: the bank of kabul in afghanistan has had some very, very bad problems, including terrorist attacks, including its previous management basically told all its assets. the money just left the bank. and for a while the perpetrators were sort of out and about restaurants around town. but i think maybe now they're incarcerated, so now the government wants to sell the bank. and you can buy it for $20 million. it's not an easy bank to run. but it has many branches and if you have high hopes for the future of afghanistan, you may have high hopes for the future of this bank. david: any sense there are people interested in buying it? guest: they have gotten some interest. but they have not decided who's going to get it yet. david: thank you so much.
9:57 pm
thanks for joining us. "bloomberg businessweek" is available now on news stands and online. we'll see you back here next week. im . ♪
9:58 pm
9:59 pm
10:00 pm
>> from our studios in new york city, this is "charlie rose." charlie: c.e.o. and president of yahoo! since 2012. prior to becoming c.e.o., she was at google where she was one of the first 20 employees. on taking the challenge to run yahoo!, she inherited a legendary iconic company in internet history. people want the company to succeed and they want her to succeed. she does not do many interviews and here pleased to have her here to talk about the future and the past. we begin with the future. as many know, yahoo! became because of founder, they own 40% of the chinese company

46 Views

info Stream Only

Uploaded by TV Archive on