15 Burst results for "Edward Rogers"

"edward rogers" Discussed on Rocketship.fm

Rocketship.fm

23:00 min | 4 months ago

"edward rogers" Discussed on Rocketship.fm

"People relying on them across telecom, TV, cable, Internet, the two other major players are bell and tell us. Okay, so let's have a quick history lesson here. Rogers, it traces its origins to 1925 when Edward S Rogers senior founded the Rogers vacuum tube company to sell battery less radios. That's right, in 1925, Ted Rogers invented the world's first alternating current that's AC. Heater fulfillment cathode for a radio tube, which then enabled radios to be powered by ordinary transformer coupled household electronic current. This was a breakthrough in the technology and it became a key factor in popularizing radio reception. On may 6th, 1939, he was working on a radar when he died suddenly due to complications of a hemorrhage just at the age of 38. He left the widow, velma, and a 5 year old son, Edward, who is known as Ted. While his business interests were subsequently sold off, his son was later determined to carry on his father's legacy. Here's a clip of Ted Rogers in an interview post to the Ted Rogers school of management YouTube channel. He invented the alternating current too. Right. And this is basically a radio that didn't need batteries. To not name mattress. Which was revolutionary at the time. That's right. And they started manufacturing them. In 1925, started to see FRB in 27. In order to sell more radios. Yeah. And had a TV license in 31. So he died, however, and 30 5 or 7, whatever it was. In 1930 5 and everything we had in those businesses was either shot down. A loss stolen. And they were all taken. He started the company by buying an FM radio station in Toronto, and went on to found Toronto's first private television station. In 1979, Rogers acquired Canadian cable systems and became listed on the Toronto stock exchange as a result. 1980, Rogers acquired premier cable vision, and they became the largest cable company in Canada then in 1986, Rogers cable was renamed Rogers Communications, and it established operational control over cantel, a wireless telephone company in which Rogers had a significant stake. Now, on December 2nd, 2008, Ted Rogers died of heart failure, but his company and his legacy, they were solidified at this point. But when he died, his son, Edward Rogers the third, who had been the active CEO for about the last 5 years, he actually wasn't selected to take over the company and a new CEO was put in place. So this big family drama started to play out. And this was one of the things that may have caused the environment that enabled the outage of 2022 to happen. Here's an overview from the national post to kind of get you caught up on the drama. His son, Edward Rogers the third, was CEO of Rogers cable from 2003 to 2009. But he wasn't chosen to replace his father as CEO of Rogers Communications. He was made chair of the board. That is, until recently. Edward's fashionable wife, Suzanne, is known for hosting star studded events. They have three children and the family is friends with Donald Trump. Edward also has two sisters, Melinda Rogers hickson, and Martha Rogers, who teamed up with their mother, Loretta Rogers, to remove Edward as chairman on October 21st, 2021. This was after Edward tried to oust chief executive officer Jo Natalie, and a number of other senior executives, and promote chief financial officer Tony Stephen to the top job. But Edward is also chairman of the Rogers control trust, a private entity that controls about 97% of the voting shares at Rogers Communications, a stake worth $6.7 billion. On October 24th, Edward claimed he had changed the board with a written shareholder resolution, and that the new board held its first meeting on October 24th. The company, its new chairman, John MacDonald, and Edward's sister, Melinda Rogers hickson, Paul said that it's legally impossible for Edward to fire and hire directors on a whim, so the purported board meeting is meaningless. Martha has described Edward's fight for control of the company, as less of a family feud, and more of an attempted coup. But eventually Edward would have his day, and in 2021, a Canadian court finally ruled on this quote attempted coup. Here's a clip from the CBC. Moments before the court ruled photographs of Edward Rogers appeared on the Reuters wire service, chairman of the board style, just in time to accompany the news that Edward's power play worked. He won. His lawyers left the court smiling. And Edward himself didn't revel in victory. I take no joy in the decision or the events of the past weeks, he said, the judgment confirms I acted appropriately. What he did was use his position as head of the family trust which controls the voting shares to reinstate himself as chair and appoint an Edward friendly board after the board, including his mother and sisters, had ousted him. This battle among ultra wealthy siblings is unprecedented in Canada because of the reach of the company. More than 10 million Canadians have roger cell phone plans not to mention television stations, sports, teams naming rights on pro hockey rinks, but the public nastiness is what really makes it unusual. Martha Rogers has blasted her brother on Twitter. In a statement today, Edward's mother and two sisters said the ruling represents a black eye for good governance and shareholder rights, adding the company now faces a very real prospect of management upheaval and a prolonged period of uncertainty at perhaps the worst possible time. Management upheaval could mean the current CEO, Jonah tally, is out. So now that he's in the driver's seat, I suspect that Jo Natalia and probably several members of the senior management team will be shown the door unfortunately. And when the family mentions the timing, they're likely concerned about Rogers $26 billion takeover of Shaw communications. Currently, awaiting regulatory approval. So this is the chaotic environment that's team at Rogers is working under. The big outage and more on that chaos after the break. This episode is brought to you by the product institute, the product institute is an online learning home design specifically for product managers. Their content is created by working product experts and it's all refreshingly approachable. Bite sized lessons, activities, and videos, keep you engaged as you learn entirely at your own pace. They're celebrated product management foundations course is the best way for new product managers to get up to speed. They also offer a range of deep dive courses for more experienced product people that can be accessed separately. These deep dive courses they cover market research, metrics, what tech product managers need, UX design fundamentals, user research, and so much more. Product institute courses provide you with reliable frameworks and methods and the confidence to stop wondering, am I doing this right? When you enroll in a product institute class, it's like having a product mentor on standby. So visit product institute dot com to learn more about options for individuals or teams, new students, you can use the code rocket at checkout and role in product institute foundations for just 9 9 9. That's a $200 savings. Just make sure you use the code rocket at checkout. So go to product institute dot com and use the code rocket. There is so much amazing new technology out. And it doesn't always talk to each other, right? You want to use this CRM with your email and sometimes they just don't connect. Well, I'm happy to say that zapier helps to connect all of your software together so we can actually talk to each other. I have built so many pipelines using zapier. It's incredible. Right now we're using pipe drive and I can send myself reminders and things happen with our leads. I can send out emails, I can move tasks around in pipe drive as things happen. It's absolutely incredible because it's all the stuff that I would have to do manually. I just set it up once and then the entire pipeline takes care of itself. Zapier makes it easy for anyone to get started with business automation. There's absolutely no code required. You can easily connect over 4000 of the most popular apps, Google sheets, QuickBooks, Facebook, or Google ads, you can automate just about any workflow imaginable. And with thousands of easy to use templates, you can get started really quick. So you can try zap for free. Just go to zapier dot com slash rocket ship. That's dot com forward slash rocket ship. So before the break we covered a bit of the history of Rogers and the upheaval internally that led to the outage. Then, on July 8th. Millions of Canadians don't have access to the Internet or cell phone service, a massive outage is affecting a number of Rogers services across the country, including a wide range of businesses that rely on the company. Natasha Fatah is tracking this story for us. Tell us more Natasha. Diane, it has been a headache for people right across the country. I'll give you a small sampling of what I had to go through this morning. So like any unhealthy news junkie I roll out of bed to look at my phone to see what's happening on Twitter in the news. Oh, Twitter's not working K phone's not working. Let me get online to see what's happening with work email. Can't get online. Well, I better watch TV. Oh, TV's not working. Let me call Paul our senior producer and let him know I'm having trouble. Guess what? My phone isn't working. So that's just what every Rogers customer basically right across the country is dealing with. And just a short while ago, Rogers issued a statement hours after people had been dealing with this headache and not knowing. So let's bring up their statement on Twitter, which they say we know how important it is for our customers to stay connected. We are aware of issues currently affecting our networks and our teams. We are fully engaged to resolve the issue as soon as possible and we will continue to keep you updated as to when we have more information to share. Okay, so what we don't get there is any kind of clarity as to why this happened in the first place and perhaps more importantly when it's going to be resolved. That was a clip from the CBC news from that morning. Now, she wasn't exaggerating. It was chaotic. I'm a Rogers customer when I left the house. My service was completely dead, no maps, no texts, no calls, 9-1-1 didn't even work. And at the stores, many of them couldn't accept payments because they either couldn't connect to the Internet or their payment provider was down because of the outage. It was chaotic. Yeah, it's sure sounds like it. Now, here's another clip from CBC from July 8th, explaining just how impactful this outage was across the country. I woke up and I thought maybe I haven't paid my bills or something like that. My schedule is usually jam packed. I've got clients and things all the time. So I'm sure a lot of them need to get a hold of me and can't, so it's a little bit worrisome for sure. Untethered from the online world, people saw it in Internet oasis anywhere they could. This library north of Toronto was swarmed by those who usually work from home. So many that they overwhelm the server. For two years and a half, but never I never experienced something like this, but there's always the first time. The Rogers network went down early Friday morning, wireless, cable, and Internet, affecting every corner of Canada. At this pharmacy in fredericton, work ground to a halt. My ability to process prescriptions, ring people through the cash register is answer phones is completely nonexistent at the moment. The ripple effect meant payment systems like interact were down. A major hit to the bottom line for some. I'm just a little small fry down here, but there's lots of small businesses that thrive on tourism. And we have a short window. So what happened that day? How did half of the country's Internet go down for over 24 hours? Well, the telecom had started the 7 phase process to update the core back in February after what the company had described in its CRTC submission as a comprehensive planning process that included budget and project approvals, risk assessment, and testing. The first 5 phases had all gone smoothly, but at four 43 a.m. on July 8th, a piece of code was introduced that deleted a routing filter. In telecom networks, packets of data are guided and directed by devices called rousers. And filters, they prevent these routers from becoming overwhelmed by limiting the number of possible routes that are presented to them, deleting the filter caused all possible routes to the Internet to pass through the routers, resulting in several of the devices to exceed their memory and processing capacities. This caused the core network to shut down. But they didn't initially know this. In fact, in the early hours, the company's technicians hadn't yet pinpointed the cause of this catastrophe. So Rogers apparently considered the possibility that its networks were being attacked by cybercriminals at 6 a.m. just two hours after this code was introduced. Jorge Fernández, who at the time was the company's chief technology officer, reached out to his counterparts at TELUS and bell to inform them of the outage and warn them to look out for cyberattacks. Although ball and tell us offered to help, Rogers quickly determined that it would not be able to transfer its customers to its rival networks because certain elements of the Rogers network, such as the centralized user database, they were inaccessible as a result of the outage. In any case, the rival networks would not have been able to handle the sudden surge of traffic from Rogers 10.2 million wireless subscribers. The Rogers network team gathered at the company's network operations center in brampton Ontario to attempt to reestablish access to the network and to start trying to figure out what was the cause of this outage. In order to communicate with each other and coordinate the recovery effort, some employees started swapping out their sim cards for bell or tell us some cards that they had received back in 2015 as a part of an emergency contingency plan established between the wireless carriers. It wasn't until 8 54 a.m. at roughly four hours after the start of the outage that the company even publicly acknowledged the situation. They said, we know how important it is for our customers to stay connected. We are aware of issues currently affecting our networks and our teams are fully engaged to resolve the issue as soon as possible. We will continue to keep you updated as we have more information. The company's disclosures to the CRTC suggest that the delayed reaction might have had something to do with the problems logging into online accounts used to communicate with customers. Telecom said that in the future, it would ensure its crisis response team to have alternate methods of accessing social media accounts that are protected by two factor authentication linked to Rogers devices. They themselves were completely unprepared for the C Rogers uses equipment from different manufacturers in its network core and two of the vendors the company buys routers from, they have different designs and approaches to managing traffic and protecting the equipment. These differences are at the core of the outage that Rogers experienced, and we learn this finally from the documents that they provided to the Canadian radio television and telecommunications commission. It took all day for the network team to restore the network. They had to disconnect the equipment that was causing the problem, redirect traffic and confirm the stability of the network before slowly bringing services back online. The process had to be done methodically to prevent overloading the network and triggering yet another outage. I can't even imagine being the product team overseeing this upgrade. The pressure is incredible, right? Usually we ship something and if it doesn't work, we roll it back, but I know this one mistake brought down half the country's Internet. Yeah, the aftermath right after this quick break. Mary redeemed a $50,000 cash prize playing chunk of casino online. I was only playing for fun. So winning was a dream come true. It was America's favorite free online social casino. You too could have the chance to win life-changing cash prizes. Am absolutely anybody could be like Mary. Be like Marie. Log on to jumbo casino dot com and play for free now. No purchase necessary void prohibited by law. 18 plus terms and conditions of flight. The website for the jails. The voice of the proceeding commission was not the actual voice of the winner. We want to take a moment to address the Supreme Court decision to overturn roe V wade. A decision that stripped away the right to have a safe and legal abortion. Criminalizing abortions threatens all Americans, though seeking a safe procedure, those medical professionals performing the procedure and those who benefit from the procedure, including men. This decision encourages the loss of other rights. It's only a matter of time, and how can you help? Go to pod voices dot help. Welcome back. So before the break, we learned how this major outage came to be. And what effects it had on Canadian citizens across the country. While they fixed the issue, that didn't prevent them from being hauled down to the CRTC. Here's Francois Philippe champagne, the federal minister of innovation, kicking off the hearing. To come before this committee today. Because let's remember during the outage millions of Canadians were without cell phone and Internet access for more than 50 hours. Hundreds of thousands literally of businesses, small and medium sized businesses out to turn customers away because they were unable to use interactive to complete transactions, government departments lost the ability to provide services to Canadians and most worrisome. Countless Canadians lost the ability to call 9-1-1. Again, this is simply unacceptable, full stop. That is the message. I can wait to Tony's the theory. The CEO of Rogers on matapo occasions since the 8th of July. Here's Rogers CEO Tony stefanie talking with MPs in the Canadian parliament. We had procedures in place to ensure that 9-1-1 an emergency essential services would switch over to an alternate carrier's network for very specific technical reasons that automatic transfer did not happen. And sometimes it would get a little heated. Here's MP Nathaniel B erskine Smith in an exchange with safari regarding the Shaw merger. They have alternative and they have choice. You think Canadians have alternative and choice in this marketplace? Very much so. Now you're saying that with a straight face. Canadians that can get spicy sometimes. Here's another exchange for you p.m.'s out there on the roger sandbox testing environment. And normally one would expect that the upgrade would have been tested extensively and deployed in a sandboxed test environment. And in fact, mister McKenzie indicated this was done when he was responding to an MP cram. So I want to dive a little deeper and ask, did you use both Cisco and Juniper in the sandbox test or only one of those manufacturers products? And how will you ensure future sandbox testing will have greater rigor and resilience? I'll start with two broad comments and one is pre testing of certain changes where practical is always done. In certain cases, it's impractical. And what you saw here was an outage that made its way throughout the entire network. And so it's difficult to have a test environment that replicates the entirety of a very complex network across the nation. And that's why in this case, we would have been unable to test this in what we would call a lab environment. It's very difficult to simulate a live full environment. It can be parts, and this case, because this was the 6th time and the previous 5 times, there was never an indication that there was any issue. This was a unique, very unique case in the way one particular manufacturer designed their system and how it handles flow control and traffic and the way it went into one mode flooded because the other handles traffic in a very different fashion. And it was that within minutes. Could the Canada white failure have been avoided with a staged regional deployment where you would have first deployed in some smaller regional networks and then expanded gradually across the country? Like even over a few days, if no issues were detected? So the all carriers we all use and have for many years, the concept of a common IP core. So the common IP cores, what's at the root here, in a common IP core, is designed for obviously security purposes, it lets you manage and it lets you let you essentially, I would describe it as the brain of the network. And so it's not something that traditionally is regionalized. All operators use a common core and then use what's called access networks to feed into that. The access networks can be managed. Thank you. And I have limited time. So now Rogers has committed to spending $250 million to upgrade the core infrastructure while crosses its fingers, hoping that it hasn't screwed up the Shaw deal that has been working on for quite some time. Well, I hope you enjoyed the episode going behind the scenes of one of Canadians largest communications outages in recent history, all because of some erroneous code. We will see you right back here next week, but until then, for Michael sokka, I'm Mike del sito and this is rocket ship FM. Thank you so much for listening to rocket ship dot FM. It is your support that keeps the show going. If you can take a second and leave us a review wherever you listen to podcasts, it helps out the show so much. We're also part of the network and if you'd like to listen to more

Edward Rogers Edward Rogers Ted Rogers Melinda Rogers hickson Rogers Communications Martha Rogers product institute Rogers network Rogers cable Toronto Edward S Rogers Ted Rogers school of managemen FM radio station Canadian cable systems premier cable vision cantel Loretta Rogers Jo Natalie Tony Stephen
"edward rogers" Discussed on Rocketship.fm

Rocketship.fm

08:39 min | 4 months ago

"edward rogers" Discussed on Rocketship.fm

"To explore today is Rogers. And the incident was an outage caused by a coding error that was shipped during an update that brought down half the Internet in Canada. Okay, so first off, I don't know much about Rogers. What is Rogers? Yeah, okay, so Rogers is like one of the AT and ts of Canada there. A telecom company, they're one of the three that own all the infrastructure up here in Canada. So everyone else that doesn't own a piece of the infrastructure, they have to rent bandwidth from them. So there's a lot of people relying on them across telecom, TV, cable, Internet, the two other major players are bell and tell us. Okay, so let's have a quick history lesson here. Rogers, it traces its origins to 1925 when Edward S Rogers senior founded the Rogers vacuum tube company to sell battery less radios. That's right, in 1925, Ted Rogers invented the world's first alternating current that's AC. Heater fulfillment cathode for a radio tube, which then enabled radios to be powered by ordinary transformer coupled household electronic current. This was a breakthrough in the technology and it became a key factor in popularizing radio reception. On may 6th, 1939, he was working on a radar when he died suddenly due to complications of a hemorrhage just at the age of 38. He left the widow, velma, and a 5 year old son, Edward, who is known as Ted. While his business interests were subsequently sold off, his son was later determined to carry on his father's legacy. Here's a clip of Ted Rogers in an interview post to the Ted Rogers school of management YouTube channel. He invented the alternating current too. Right. And this is basically a radio that didn't need batteries. To not name mattress. Which was revolutionary at the time. That's right. And they started manufacturing them. In 1925, started to see FRB in 27. In order to sell more radios. Yeah. And had a TV license in 31. So he died, however, and 30 5 or 7, whatever it was. In 1930 5 and everything we had in those businesses was either shot down. A loss stolen. And they were all taken. He started the company by buying an FM radio station in Toronto, and went on to found Toronto's first private television station. In 1979, Rogers acquired Canadian cable systems and became listed on the Toronto stock exchange as a result. 1980, Rogers acquired premier cable vision, and they became the largest cable company in Canada then in 1986, Rogers cable was renamed Rogers Communications, and it established operational control over cantel, a wireless telephone company in which Rogers had a significant stake. Now, on December 2nd, 2008, Ted Rogers died of heart failure, but his company and his legacy, they were solidified at this point. But when he died, his son, Edward Rogers the third, who had been the active CEO for about the last 5 years, he actually wasn't selected to take over the company and a new CEO was put in place. So this big family drama started to play out. And this was one of the things that may have caused the environment that enabled the outage of 2022 to happen. Here's an overview from the national post to kind of get you caught up on the drama. His son, Edward Rogers the third, was CEO of Rogers cable from 2003 to 2009. But he wasn't chosen to replace his father as CEO of Rogers Communications. He was made chair of the board. That is, until recently. Edward's fashionable wife, Suzanne, is known for hosting star studded events. They have three children and the family is friends with Donald Trump. Edward also has two sisters, Melinda Rogers hickson, and Martha Rogers, who teamed up with their mother, Loretta Rogers, to remove Edward as chairman on October 21st, 2021. This was after Edward tried to oust chief executive officer Jo Natalie, and a number of other senior executives, and promote chief financial officer Tony Stephen to the top job. But Edward is also chairman of the Rogers control trust, a private entity that controls about 97% of the voting shares at Rogers Communications, a stake worth $6.7 billion. On October 24th, Edward claimed he had changed the board with a written shareholder resolution, and that the new board held its first meeting on October 24th. The company, its new chairman, John MacDonald, and Edward's sister, Melinda Rogers hickson, Paul said that it's legally impossible for Edward to fire and hire directors on a whim, so the purported board meeting is meaningless. Martha has described Edward's fight for control of the company, as less of a family feud, and more of an attempted coup. But eventually Edward would have his day, and in 2021, a Canadian court finally ruled on this quote attempted coup. Here's a clip from the CBC. Moments before the court ruled photographs of Edward Rogers appeared on the Reuters wire service, chairman of the board style, just in time to accompany the news that Edward's power play worked. He won. His lawyers left the court smiling. And Edward himself didn't revel in victory. I take no joy in the decision or the events of the past weeks, he said, the judgment confirms I acted appropriately. What he did was use his position as head of the family trust which controls the voting shares to reinstate himself as chair and appoint an Edward friendly board after the board, including his mother and sisters, had ousted him. This battle among ultra wealthy siblings is unprecedented in Canada because of the reach of the company. More than 10 million Canadians have roger cell phone plans not to mention television stations, sports, teams naming rights on pro hockey rinks, but the public nastiness is what really makes it unusual. Martha Rogers has blasted her brother on Twitter. In a statement today, Edward's mother and two sisters said the ruling represents a black eye for good governance and shareholder rights, adding the company now faces a very real prospect of management upheaval and a prolonged period of uncertainty at perhaps the worst possible time. Management upheaval could mean the current CEO, Jonah tally, is out. So now that he's in the driver's seat, I suspect that Jo Natalia and probably several members of the senior management team will be shown the door unfortunately. And when the family mentions the timing, they're likely concerned about Rogers $26 billion takeover of Shaw communications. Currently, awaiting regulatory approval. So this is the chaotic environment that's team at Rogers is working under. The big outage and more on that chaos after the break. This episode is brought to you by the product institute, the product institute is an online learning home design specifically for product managers. Their content is created by working product experts and it's all refreshingly approachable. Bite sized lessons, activities, and videos, keep you engaged as you learn entirely at your own pace. They're celebrated product management foundations course is the best way for new product managers to get up to speed. They also offer a range of deep dive courses for more experienced product people that can be accessed separately. These deep dive courses they cover market research, metrics, what tech product managers need, UX design fundamentals, user research, and so much more. Product institute courses provide you with reliable frameworks and methods and the confidence to stop wondering, am I doing this right? When you enroll in a product institute class, it's like having a product mentor on standby. So visit product institute dot com to learn more about options for individuals or teams, new students, you can use the code rocket at checkout and role in product institute foundations for just 9 9 9. That's a $200 savings. Just make sure you use the code rocket at checkout. So go to product institute dot com and use the code rocket. There is so much amazing new technology out. And it doesn't always talk to each other, right? You want to use this CRM with

Rogers Edward Edward Rogers Ted Rogers Rogers Communications Canada Melinda Rogers hickson Edward S Rogers Rogers cable Martha Rogers Ted Rogers school of managemen Toronto FM radio station Canadian cable systems premier cable vision cantel Loretta Rogers Jo Natalie Tony Stephen Rogers control trust
"edward rogers" Discussed on Opening Arguments

Opening Arguments

07:37 min | 11 months ago

"edward rogers" Discussed on Opening Arguments

"Dot com slash OA. Oh yeah? And here it is. Their meat is seriously so good that I'm gonna say ain't going. I'm just so happy. I got mink. You know, so long as they keep sending me meat. Thank you, doctor hibbert. I rest my case. You rest your case. What? Oh no, I thought that was just a figure of speech. Case closed. Okay, oh, this is the bullet point I've been excited for. We've got some updates, one of them involving baseball law. Yeah, just thusly. I can never pass up the opportunity to talk about some baseball law. So we broke down the owners lock out of the players. There's been no movement on that front and then expected until January. Some of the players, I think, have kind of pushed back and have said, you know, hey, you should take a look at that MOB statement that that seems almost entirely false from start to finish. In particular, right what players have said is we were talking just fine. There was no need. The idea of we were forced to lock you out. That's just flat out false. I love this. I brought this to your attention. We both agreed we wanted to talk about it on the show because it further emphasizes a point that we made in that discussion. And so I'm just going to quote from so first, if you're not a regular MLB aficionado, you might not know of the preeminent site on the Internet, which is MLB trade rumors dot com. Ball players follow the set, right? And have been interviewed. They've done many high profile interviews in which players are like, yeah, no, everybody tracks the site because they use a combination of really, really good comprehensive reporting and also in depth statistical analysis to do things like projections of what they think the top 50 free agents will receive in free agency. How arbitration cases are likely to break down based on similar players and like they're amazingly good at it, right? So if MLB trade rumors says G man Choi is headed to arbitration this off season and will likely get $3.2 million, like teams read that players read that. Wow. Fans read it and go, yeah, well, probably they're gonna be around that number, right? So in other words, I would be shocked if G man Choi got 5 million, and I don't know that that's the number, but yeah. But if they say a player's gonna get 3.2 million, that player is very likely to get between two and a half and three and a half or $4 million. Really big important site and one I went through that history because one that focuses on the financial aspects of players, which is important to fans of teams, right? This is a piece by dera McDonald, who writes. Whenever a baseball player agrees to a contract, the financials of the deal are quickly reported by various media outlets, including here at MLB trade rumors. What gets discussed much less often, however, are the financial details of the people paying those paychecks. Here is each team's primary owner. Along with their net worth with source links provided. We're about to quick caveat that the financial numbers of this nature are fluid and subject to change. We told you that these were billionaires. It's one thing to hear that it's another thing to go down the list. Angels Arturo Moreno $3.6 billion. Astros, Jim crane, $1.4 billion. Athletics, right? Widely, your Moneyball, right? There's 30 feet of crap and then there's us. John Fisher, $2.6 billion. Blue Jays, Edward Edward Rogers the third, 11 and a half $1 billion. The braves, Liberty Media chairman John Malone, $8 billion. Then we get down markets and asio, the lead owner of the brewers, only worth $700 million. Jeez. Black sheep of the owner. But don't worry, Guggenheim, baseball management, controlling partner, Mark Walter, who owns your beloved Dodgers? Yeah, he's only worth $5 billion. Charles Johnson, who owns the Giants, 5.8 billion, the Dolan family who owns the Cleveland guardians 4.6 billion. 8 is the highest I've heard so far, I think, right? Well, how about Steve Cohen? Let's see. Incoming owner of the mets, $15.9 billion. Yeah, there are only a handful of folks on this list who are not billionaires outright. The lowest Ken Kendrick who is worth a paltry $600 million. I kind of feel bad for him right now. Then we got a couple of guys in the 700 million range. We have, oh no, I'm sorry, I missed Robert H castellini of the reds, only only worth $400 million. Wow. How is he even a Ford day expenses? I don't know. You know what? It's amazing. There aren't that many American billionaires, you know? I think there's like a 700 something, you know, around that. A high percentage of them own sports baseball team. We'll think about that. Once you once you were in the billion range, like you've run out of like ordinary millionaire stuff you can buy, right? You've already bought like, you know, MC hammer's house and as many cars as you want. Like a jet or two and a big yacht and to really spend billions, you know, you've got to buy a huge, huge asset, like a sports team. So I love this. I don't have anything more to say. Other than I thought it was incredibly responsible and worth pointing out that yet another that they made the point that we didn't emphasize and that I didn't really think about it before, that sports deals, one of the reasons. I mean, we talked about that kind of bar talk in equity of you see, oh yeah, you know, so and so gets a, you know, wander Franco gets 11 year $182 million contract and you're like, $182 million to play a game. The very aspect of the fact that sports contracts are discussed in public in a way that other professions are not and in a way that those writing that the checks are not. I thought was just a fantastic, fantastic. I love every minute of it. You know, is that all it was, so it was just listing the words because I would love it if there's any way for them to keep it up and do stuff that's like, oh, stock split just resulted in whatever. Like a dividend for this guy, just gave this person another 100 million. If they could keep up like little transactions that are gonna give them more millions and billions, I know that's probably impossible to do. I'd be funny. We just have an idea for a brand new website. So yeah. Let's talk offline. And I also love the idea too that when you hear that as you said, the bar talk thing of I spied swing a bat for half that kind of crap. All these billionaires is essentially they have billions of dollars and they sit on their asses. You don't have to they earn much more than the players by just doing the job of having money. Just having it earns them far more than these players ever earned. I could not agree more. Oh, good stuff. That was one of my favorite bullet points in the history of the show Andrew. I love that. That's a great idea. All right, on to another bullet point..

baseball Choi dera McDonald hibbert Arturo Moreno Jim crane Edward Edward Rogers Mark Walter
"edward rogers" Discussed on Monocle 24: The Urbanist

Monocle 24: The Urbanist

05:27 min | 1 year ago

"edward rogers" Discussed on Monocle 24: The Urbanist

"Some patients needing a police escort just to get by. They have the center here and it's in opposition to moments such of those that have galvanized the sense of civic duty once again, while also putting focus on the city's leaders. Why, for example, many people in the city asked, did police appear to largely stand back as protesters in some cases, harassed patients and medical personnel at hospitals? While other groups of venerable people in the city were treated quite differently. That is the sound of police forcibly clearing a Toronto park of its encampment of homeless people last summer. Those encampments had become a common sight in cities right across the country during the pandemic, as people experiencing homelessness sought refuge in the parks. But the way the encampments were cleared in Toronto remains hugely contentious Toronto's match on Tory remains the focus for much of that anger. I indicated yesterday and I indicate today I support the fact that that operation was undertaken with decisions being made by the people who undertook it because I think the intent was something that was meant to help the homeless people and was meant to try and achieve it in a peaceful way. The fact that actually no one was injured but that there was a huge police presence and a bit of a tumultuous scene was more a function of all the people who came out and it was their right to do so. But that's really what led to the presence of the police there. But I will say but elsewhere, that's not the only story that John Tory found himself at the center of this year. Rogers, a telecommunications colossus, founded by the late Ted Rogers, spans wireless, cable and Internet to mass media and ownership of the Toronto Blue Jays. What is normally kept private in the corporate offices has spilled into public view after Edward Rogers Ted's son tried to replace the company's CEO jona nataly. Soon, Rogers and other family members were on opposite sides. In the middle of that saga for one of Toronto's most recognizable family names, which is emblazoned on buildings and institutions right across the city, was John Torrey himself, who it was revealed was mediating between the family's feuding factions. A pretty unusual position for a senior public servant to be in. If Tory decides to run for a third term as mayor and next year's municipal elections, his opponents are likely to want to remind voters of his role in both of these city dramas. But there have been new city heroes to Garland here this year too, like the young tennis stars Leila Fernandes and the Toronto born British champion emira kanu, who played each other at the final of this year's U.S. open, and, of course, the Toronto born sprinter Andre de grasse, who won gold in the men's 200 meters final at the Olympic Games in Tokyo. Surrounded by rising American stars he ran faster than any Canadians ever has and it would. Here comes to grass, accelerating the grass at the line. He's got the gold medal. Andre de grasse. When I spoke to maj on Tory earlier this year for Monaco's fourth coming February issue, he spoke about the need to restore confidence in life in the city. While some of that confidence is certainly back, fueled in part by pandemic era initiatives, like the cafe tio program, which saw some city roads narrowed to cars to allow restaurants and cafes to set up outdoor dining rooms during the summer. It has transformed the city's streetscapes and has become so popular that city hall is now debating on whether to make the initiative permanent. The acorn pie may not have been plain sailing for Toronto, but there is a growing sense of optimism that, better, more straightforward days, lie ahead in.

Toronto Toronto park Edward Rogers Ted jona nataly Andre de grasse John Torrey John Tory Ted Rogers Leila Fernandes Toronto Blue Jays emira kanu Rogers Tory Garland Olympic Games tennis Tokyo Monaco
"edward rogers" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

08:27 min | 1 year ago

"edward rogers" Discussed on Monocle 24: The Globalist

"Drink 7 31 here in London now for many Canadian viewers of the TV hit Succession they've had their own real-life family boardroom drama that's unfolded in real time over the last few weeks. One of the country's largest telecommunications companies, Rogers Communications has been engulfed in a boardroom battle between Edward Rogers, the son of its late founder Ted and his wife Loretta and two of his daughters. It began when Edward moved to remove the company's popular CEO who first overheard the plot to remove him when Edward made an accidental pocket dial phone to call him. Loretta, the wife, who's 82 and her daughters have responded by attempting to have Edward removed as chairman of the board. But in the latest twist, British Columbia's Supreme Court has reinstated him. Or to explore the corporate drama. Monaco's bureau chief in Toronto Thomas Lewis had from Aida Wahid who is an associate professor at the university of Toronto's rotman school of management. It is one of the most prominent names you can't really go anywhere at least in Toronto without seeing it from its name on the buildings to the sport venues. It's involved in not just in telecommunications, which in itself is a big deal because we only have a couple of telecommunications companies that essentially dominate the market. But it's involved in media. So there are TV stations and radio stations owned by Rogers Communications. It's involved in sports franchises. It's involved in so many things that it's essentially impossible to save Rogers or does it Toronto without really associated with Rogers Communications? And explain for us if you could where the current is pretty extraordinary family feud that has swamped Rogers Communications over the past few weeks, so publicly, where the story begins. Walk us through this pretty complicated bordering battle if you can. This is essentially a story of one of the largest corporations in Canada and it was founded by Ted Rogers or rather acquired when it was a small business by Ted Rogers who had passed away in 2008. And at the time when he passed away, he left his family in charge of the company in charge of governance, including his son and his two daughters. And his late wife. And the company has been doing, okay, although some people would say that it hasn't been performing too well over the last few years. And so just this past few weeks ago, the son who is the chair of the board of Rogers Communications had decided that the company wasn't performing well enough. So he would replace the CEO of the company with somebody that he believed could do a better job, which was the current CFO. It seemed like the family was supportive of the decision, but it turns out that they did not want the events to go down this way. And when he essentially proposed to replace the CEO and appoint somebody else, the family said, no, this is not going to work. And so essentially, they were trying to work it out privately, but they were not agreeing and at the end, the family said that you can't force your will. We are going to get rid of you as a chair of the board. Now that could happen perhaps in a regular corporation. But what's interesting about the setup here is that Rogers communication has two classes of shares, voting shares and non voting shares. And the voting shares are primarily held by the Rogers family trust in fact Rogers family trust owns almost 98% of all of the voting shares. And it just happens that the sun Edward Rogers is also chairman of the family trust and in his role as a chairman, he actually has authority to cast votes on behalf of the trust. So because of this concentration of power, he essentially turned around and said well, not so fast. You can't really remove me as the chairman of the board because I can just bring the resolution in to a point myself back and replace some directors at the board at my discretion because, you know, I have 98% voting power. So essentially, he's drafted a resolution taken it to the court and now it's the court to decide whether he can essentially appoint this new board. I mean, he's already called a board. He's already selected people and said this is the legitimate board. The family's saying it's knowledge of a board. The shareholders haven't voted on it. And that's where we are right now. And how much of a precedent is there for this drama that we're seeing unfolding in real time here in Canada in your view. It's very unprecedented. I have never seen anything like this. There's always a bit of risk with family owned companies that something like this could happen. The issue with the Rogers Communications is that the concentration of power that exists the concentration of power given to one individual is so vast, it's so unprecedented that it's coming to a point where one person can essentially act as if he's the business dictator and make decisions that affect one of the largest employers and Toronto area in the largest companies in Canada. And that's why we're seeing play out at this public level. And the fact that it's actually gone international the international news is covering Rogers to this extent is a testament to the fact that this is probably the most visible governance issue that's based Canadian public company. That I can remember and I think that the general public is fascinated for the most part by what's going on. There have been likening this drama to some TV shows like Succession or Game of Thrones. And so I think there have been really fascinating by what is happening and how openly all the family issues are discussed in public. So I think there's been a lot of interest and fascination. I really do not think that people believe that this will have actual real implications. It's more of entertainment drama at this point, almost. And this is now in the courts in British Columbia. But do you think looking longer term, perhaps there are any implications at all here for large legacy family owned corporations like Rogers, should other similar companies be looking with a cautious eye at what's unfolding out Rodgers communications do you think? I think it really is a governance challenge and in Canadian society where we have a lot of family owned businesses. And family owned businesses are very important. So don't get me wrong, there is no issued family on businesses. But in a public space, when we have publicly health corporations with family businesses, we always fear Succession issues. And that's always been on a forefront of governance research and governance concern. What happens when the founder who had the vision passes away and are the heirs competent and willing to actually carry on the mission and vision of the company? And so because we don't see often failures or events of disproportion or this visibility, it's easy to forget. And so I think this is just a reminder as to the particular risk that exists with corporations that are family owned and hopefully this reminds us that succession planning and proper governance structure should be considered very seriously when designing these kind of companies. That was aided our head from the rotman school of management, the business school at the university of Toronto, talking to monocles Thomas Lewis. He was a globalist..

Rogers communication Edward Rogers Rogers family trust Edward Toronto Ted Rogers Loretta Thomas Lewis Aida Wahid rotman school of management British Columbia Rogers university of Toronto Canada Monaco Ted Supreme Court London Rodgers communications
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:26 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"Following this story What's been going on with Rogers that has led to this power struggle that's playing out right before our very eyes This is probably one of the strangest situations I've ever covered as a business journalist and I've covered a lot of really strange boardroom battles over the years but essentially what's happening here is the chairman of Rogers who is a son of the founder tried to fire the CEO and they were basically scheming to get the CFO to replace the CEO behind the boards back and behind the rest of the family It came to light because the CFO accidentally butt dialed the CEO and he took that to the board and they retaliated by firing the chairman Edward Rogers from the board But Edward Rogers also is the chair of the family trust that owns 97% of the voting shares in the company So he went back and says that he's now fired directors of the board and reclaim the chairmanship It's a mess And mom doesn't seem too happy either No in fact mom was the Loretta Rogers the mother the matriarch of the family was the one who read the resolution to fire her son Edward Rogers as chairman And the fight now is going to the courts in British Columbia And their siblings who are playing out they're going to have fun at Thanksgiving Well they don't celebrate Thanksgiving right That's kind of This Canadian already had it That's in October I bet that was fun Well how do we so what happens here I mean you know it's a publicly held company There are rules and there's an infrastructure in place and the way things go How might this ultimately play out So I think and look this is a really complex fast moving situation But I think what's going to happen is it's going to go to the BC courts They're going to make a ruling on whether Edward Rogers has the legitimacy to replace the 5 directors that he did at the board level and reappoint himself as chairman They're going to determine whether he has to do that or whether he's able to do that through written through a written shareholder resolution as you says he has or they're going to have to hold a shareholder meeting Ultimately though because he controls the 97% of the voting shares I mean it seems like he's likely going to win in the end but if it could be drawn out for months Well as Carol mentioned this is a publicly traded company It's got a market cap of $28.9 billion Canadian So above $20 billion U.S. what has been happening with Rogers as this has been playing out as a company because shares are down more than 4.5% this year Yes So I think it's basically when the news started to break but the coup that the attempted coup that took place with the CEO the shares traded down and then when they fired the chairman they rose again but now because of the chaos that was created over the weekend with this board meeting where they reappointed he's reappointed himself as chairman I think it's spooked a lot of investors But one thing that's really important to this whole situation is Rogers is actually in the midst of a $16 billion takeover of its competitor shop communication Right And so this is all playing now well the company is going through a pretty dramatic with another company And it seems like it's largely at this point The other companies got to be like those in laws are like do we really want to be part of this family I don't know about it Great reporting We've had fun talking about it and following it and following your reporting Scott Devo joining us is Bloomberg news deal reporter on the phone in New York City Just want to rehash a Facebook because they are up now about 4%.

Edward Rogers Rogers Loretta Rogers British Columbia Carol U.S. Scott Devo Bloomberg news New York City Facebook
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:25 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"Oh the bird world headquarters I'm Charlie how just about the best level of the day right now on the S&P 500 Index back to work Monday after a winning week for the U.S. stock market S&P right now up 22 points of 5 tenths of 1% the Dow is up 60 up two tenths while nez stank is up a 132 up by 9 tenths of 1% Ten years of one 32nd ten year yield now 1.62% spot cold of 8 tenths of 1% back above $1800 1807 the ounce on spot it is up by 14.5 West Texas intermediate crude lower little change down one tenth of 1% down 9 83 67 for a barrel of WTI Stocks hires traders gear for a string of earnings reports from big technology heavyweights including Facebook while keeping in mind inflation concerns and rising COVID-19 risks Facebook reports after the close of trading today Facebook shares up now by about four tenths of 1% Michael nathanson is a founding partner at Moffett nathanson he's got a $420 price target on the stock I've covered the stock for a while There are times when you go through these intense spotlights on regulatory and business model pressures I just think it's going to be quarters and quarters of good top line growth And it's mean expectations And I tell you there's two times in the past where we've seen the spotlight from D.C. and regulators never whistleblowers before And the stock is towers through because they've got a great business model And again he's got that four 20 price target Tesla right now three 25 95 up today by four tenths of 1% Hertz Global Holdings barely four months out of bankruptcy placing an order for a 100,000 teslas in the first step of an ambitious plan to electrify its rental car fleet Shares of both companies are moving higher hurts global up 9.6% Tesla now a $1 trillion company up by 9% One O two on Wall Street time now for the market drivers report With a focus on American depository receipts here he is big warm welcome as always Dave Wilson Thanks Charlie 80 yards are higher though not as much as you as shares The S&P 80 are indexes up to tenth of a percent in the S&P 500s higher by half a percent The Japan's Panasonic has risen 5% in U.S. trading The electronics maker supplies electric car batteries to Tesla and a top Panasonic executive said the company's working to meet next dentin level demand from that company and also to develop an advanced battery for Tesla India's ICICI bank has had a ten and a half percent net income for the fiscal second quarter beat in less average estimate than Bloomberg's survey the bank benefited from rising consumer demand for homes cars and other items And the financing to buy them Finland's Nokia's falling 3.2% in Sweden's Ericsson has lost 4% The makers of phone network equipment received a clone of accelerating from Bank of America as the firm resumed analyst coverage And Canada's Rogers Communications has lost 5.3% amid a rift in the founding Rogers family The son of the founder Edward Rogers with named chairman of the mobile phone in cable company after pointing 5 new directors His mother and two sisters are fighting the move Charlie And we thank you very much Dave Wilson keeping track of those ADRs Again recapping stocks at or near session highs S&P up now by 23 up 5 tenths of 1% I'm Charlie peloton That is a Bloomberg business flash This is balance the power with David Weston We're back in Edwards the activity levels and what goes on day to day Is bigger than it was before the pandemic Despite the surge in delta cases consumers kept spending Where the world of politics beats the world of business We are better than we were to some of these mandates have come into play but we are nowhere near where we need to be Labor prices are up So I do worry that this will be ongoing inflation Balance of power with David Weston on Bloomberg radio Secretary Yellen admits inflation may be lingering but says it's not out of control A handful of suburbs will likely decide the tight race for governor of Virginia and President Biden negotiates through the weekend but doesn't get at least yet.

Tesla Michael nathanson Moffett nathanson Charlie Facebook Hertz Global Holdings Dave Wilson West Texas S
"edward rogers" Discussed on As It Happens from CBC Radio

As It Happens from CBC Radio

07:16 min | 1 year ago

"edward rogers" Discussed on As It Happens from CBC Radio

"If you wanted to know. Who's in charge at rogers communications right now. You might not wanna ask the rogers family. They're in the midst of a big messy boardroom. Fight over the company that controls internet access television in phone service for millions of canadians and happens to have ownership positions in canada's most popular sports teams to and the dramatic public battle is now heading to the bc supreme court. Derek lewis is the managing editor of bloomberg news for canada. We reached him in toronto. Derek who is in control that rogers communication right now. Nobody really knows for sure Edward rogers who was the son of the founder. Ted rogers says he's in control that he's an he's the chairman and that he's got a new fourteen person board of the company that supports him but two of his sisters and his mother And a number of other independent directors of rogers communications say. That's not the case. There still in charge of the board and the chairman of the person named john. Mcdonald's as best we can tell the started with edward rogers attempt to unseat the ceo. How did we get to this point where we literally have two different men claiming to be chair of one of the biggest companies in canada. Yeah i think it does actually go back than than that attempt ceo. I mean there have been tensions within the family within the company for a long time and one of the ways that is reflected is. There's been quite a bit of turmoil at the top of the company. Ted rogers died in two thousand and eight. You've had three. Ceo's and nobody has who has succeeded. Ted rogers in that top executive job has lasted for as long as five years now last month according to reporting by globe and mail and us and others edward rogers did make an attempt to get rid of joan tally and replace him with tony staffy area. He was the chief financial officer essentially the number to the company. But it didn't work because the rest of the board or other members of the board of blocked the move and that is the thing that seems to have triggered this new and accelerated phase of the family war. And i mean not to get too deep in the weeds of who controls the company shares. Who controls the sort of family trust shares. But how much power does edward rogers have at this moment. He has an awful lot of power which almost sounds like a funny thing to say because on thursday. He was removed as the chairman of rogers. Communications but riders. Communications is controlled by a thing called the rogers control trust. And he's the chairman of that he really is on paper certainly and probably in reality the rogers with the most power at the at the company that we all know but really how far that power extends. That's the substance of the fight. That's going on right now. So he's the chair of the this family. Trust which is made up of. I think ten mostly family members and family confidence does he have a fairly firm control of that group that controls like ninety seven point five percent of all voting shares of the broader company. It appears that way. So there's of the ten people on the advisory committee of the trust. There are six rogers family members and four others. One of the four others by the way is john tory. The mayor of toronto. And there's also a couple of longtime rogers executives and directors and they support at work now to further complicate matters in order to remove edward from that position. As head of the trust. You would need seven out of the ten people to agree to that and yet. The family isn't giving up his his sister. Martha as has just unloaded this twitter storm about all this including one that will read here. This should be taken as seriously as if he appointed himself king of england in terms of him appointing himself back onto the board of rogers communication. Just how much candid. Discord is there within this very powerful canadian business family. Only they know for sure. But certainly martha rogers tweets and the number of lawyers that are being hired lining up on the various sides of this. I suggest that there's quite a lot of animosity and if there wasn't the four there certainly is now. This story has involved somebody but dialing the ceo and that's how the reportedly he found out he was about to be deposed. The mother of edward rogers was the one who led the vote to have him removed from the company board. In all of your years reporting on canadian business. Have you ever seen anything like this. I haven't seen anything quite like this. When you think about it. It really does touch a lotta people. Lives between the ownership of the sports teams and wireless business in the cable television and internet business. I mean it really is one of the most prominent companies that we've got you know at the heart of this is a question about whether rogers is an underperforming company and does need to change leadership. Customers loved to hate it. You see twitter's usually rife with complaints about the company not gossip about the the way. The company is run. Does something like this and and a dispute going so public like this. Does it have any trickle down effect into the services that so many of us are paying them for. I'm not sure that it really affects the services but what it does have the the effect doing is it does destabilize the company for a period of time right it. Just it stabilizes senior managers. Who don't know who's going to be in charge who may have been promoted into positions by the existing top executives and their position is kind of uncertain so i think any of us who have ever worked in a company where there was this kind of turmoil within the leadership. Know that it can be a distraction that feeds down into into the rank and file. I don't know that will mean your cable service is be better or worse but but It certainly does have an impact on the company that goes beyond the family members of the people at the board level. So i mean just to recap edwards. Says he's back as chair of the company board with a newly configure. It'd members of that board. The existing board says no. No no. that's not true and we're gonna continue on as we are. How does this get resolved. I think there are two possible avenues. That i can see the courts will decide. Who's in charge or the family comes to behind the scenes. Peace agreement on. What's going to happen and either one of those possible that this family knows the importance of their name. The importance of the company most of their net worth is wrapped up in rogers communications. And they do even though they're fighting right now. You know they do have an incentive to try to smooth this over whether or not that can happen. I don't know as As a number of people upset during this families are complicated. Yes indeed they are. Well listen thank you for your coverage of this and thank you so much for making time to speak with us today thank you. Derrick declared is the managing editor of bloomberg news for canada. We.

edward rogers rogers Ted rogers rogers communications bc supreme court Derek lewis canada tony staffy rogers control trust advisory committee of the trus bloomberg news toronto martha rogers Derek john tory Mcdonald joan twitter john
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:42 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"Susanna Palmer and Bloomberg newsroom President Recep Tayyip Erdoğan said the ambassadors of ten nations including the U.S. Germany and France were no longer welcome in Turkey This after they demanded the release of a prominent businessman and philanthropist The battle that's tearing apart Rogers Communications has escalated former chairman Edward Rogers claims he has regained control of the board and his sister is warning that family members will spend every penny to stop his power play Edward Rogers said late Friday that he had delivered a shareholder resolution to replace 5 existing directors immediately with 5 of his own allies His sisters and their mother wife of Ted Rogers who started the company say he won't get what he wants Citigroup has agreed to conduct an audit of how its business impacts non white communities We get more about that from Bloomberg's Charlie pellet Citigroup becomes the first major Wall Street bank to agree to such a move this audit will be conducted by attorneys at Covington and burling and Citigroup says it will focus on its 2020 commitment to dedicate a $1 billion toward initiatives It hopes will close the persistent racial wealth gap in the United States where the average net worth of a white family is nearly ten times higher than that of a black family Charlie pellet Bloomberg radio Broadway is truly back with the return of the phantom of the opera The curtain rose again on the longest running show in Broadway history making its triumphant return following the 19 month pandemic pause The Andrew Lloyd Webber musical returned Friday night at the majestic theater The sellout crowd roared in response to the legendary chandelier rising once again and the sound of the organ The phantom of the opera debuted on the great white way all the way back in January of 1988 Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer this is Bloomberg I'm Barry Rita you're listening to masters and business on Bloomberg radio My special guest this week is a kinder syn Cassidy She is a technology executive and serial entrepreneur most recently she was president of StubHub She has worked for such August firms as Amazon and Google as well as run a number of startups successfully Let's jump right into a little background on choose possibility You published a letter I don't know was that 5 years ago Tech women choose possibility Tell us about that And is that what led to the new book Well tech wasn't chief possibility with a letter and an open op-ed I wrote on a platform called V code well known digital newsletter Really at a time where everybody and myself included was frustrated that the narrative on women in tech was incredibly negative If you think about 2015 many headline articles the Atlantic the cover of many of The New Yorker I think All of these folks have articles about where all the women in tech and how terrible it is And there's also a lot of great not so great stories about bias discrimination and so on And so at the time I'm a startup entrepreneur and running joyous And of course I have a multifaceted view of this On the one hand I think hey you know what All things being equal I would still choose Silicon Valley It is mostly democratic It has been very good to me I found my tribe right I've been able to thrive Yet at the same time I remember that early experience I had you recall where my boss told me I was too aggressive for the sex carries And I now start a entrepreneur and I hear firsthand stories from other amazing female entrepreneurs and how terrible the experience is fundraising and you know and just the biased experience So I wrote the op-ed by surveying a hundred women in tech from CEOs to entrepreneurs Asking for their opinions on being an entrepreneur and then their experience advice and discrimination And in fact with the what the survey shows which is why write the letters what you'd expect which is you know you know I think a majority had said we have directly experienced bias and discrimination Yet like 80 something percent still recommended entrepreneurship in tech And even for their daughters they said if they didn't recommend it if their daughters wouldn't be because of bias would be because their daughters may be don't entrepreneurship And so you say well how can this duality exist And factuality is sort of like a letter says This is basically saying hey look You know by the way everyday women get up and choose possibility They choose to sort of make their next active tech And you can be successful So don't walk away from this industry Please because tell me women are being successful at increasing rates But if you think it's all great it's not And honestly if I were in the tech industry the call to action I was looking to have happened is like hey you know we think we can solve all the world's problems We tell everybody else we can here in Silicon Valley Why do we not applying any technology solutions to the problem of gender and inclusion Like really like it's shocking to me that we'll talk about solving poverty and clean water and climate change But there are no test platforms to try and solve bias and discrimination And so that was with the letters that have positive that you can both have a positive experience personally Yet still understand this is not what it should be And the rest of the tech industry needs to take some responsibility for trying to equal equalize the playing field What was the feedback to the letter when you published it at it's now at RICO back then What sort of response did you get Overwhelmingly positive A lot more than I expected to keep in mind You know we talk about risks we take in our career Like many other people I spent the majority of my career heads down building my own companies or building it larger companies I really didn't try and use my voice actively on any broad topic So for me it was a risk even write the letter right I'm like what will people think of me Well they think I like you know I'm putting myself out there for the first time as a female first and a leader second which is the exact opposite of how I ran my own career I never wanted to be seen as sort of like for my gender I wanted to see from my capability So let's talk a little bit about the book I don't want to overlook this I like the way you have this structured and three parts Get going get smarter get rewarded explain why you went with that structure Sure So obviously it's probably obvious from this conversation that I've taken a decent amount of risk in my career And I wrote the book because I think people have a very unrealistic sense of what risk and reward looks like compared to how it really unfolds And so I structured the book in a way that really I didn't did not want it to be a memoir But I structured in a way that goes from sort of basic lessons on risk-taking to sort of maybe more complex not ideas but kind of philosophies And it really mirrors maybe the way I learned to take risk you know for me it was really simple in the beginning And you know we talked about those early moves I made 5 or 6 moves in the span of 7 years right So whether they worked out or not I took a fair amount of risk you know and made a number of sequential choices And then I think the middle is about being a smart risk taker nobody says I don't think certainly that this book is about just taking risk Willy nilly It's about how do you become a calculated risk taker right If we're off speed a lean forward and take more risk in your career the question is you want to do it smartly And then the last of course really chapter really kind of talks to how many of these choices really unfold over time Coming up we continue.

Edward Rogers Susanna Palmer Bloomberg Citigroup President Recep Tayyip Erdoğan Charlie pellet Barry Rita Bloomberg radio Ted Rogers Rogers Communications burling majestic theater United States Andrew Lloyd Webber Covington StubHub Turkey Germany France
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:45 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"Our global news update In the murder trial of the three Georgia men charged with killing ahmaud Arbery potential jurors are expressing concerns about remaining anonymous should they be seated on the jury The victim's mother Wanda Cooper Jones says the jury selection process while slow going couldn't be more important As a mom I do feel very very hopeful that we will get justice for our campus frame that we get the right people in the right place to make the right decision The unarmed 25 year old black man was shot and killed while jogging through a Georgian neighborhood last year jury selection resumes Monday The search for a missing New Hampshire boy appears to have come to a tragic end Authorities announced today they believe they found the remains of 5 year old Elijah Lewis after searching for more than a week The boy was last seen 6 months ago His mother and her boyfriend had been arrested on child endangerment and witness tampering charges and stand accused of telling friends to lie about the boys disappearance an autopsy is scheduled for tomorrow Former president Obama is encouraging young people to support Terry mcauliffe for Virginia governor speaking at a rally in Richmond today Obama urged young voters to turn out and help make a difference It's thanks to extraordinary young people like you that I was able to get elected to the U.S. Senate you helped deliver Virginia twice for me I'll always love you for it From now until November 2nd virginians will be heading to the polls to vote for either of the Democrat mcauliffe or Republican Glenn youngkin The U.S. Supreme Court is considering a challenge to the Texas abortion law and will here oral arguments November 1st The court's conservative majority did not put the controversial new law on hold so it can continue to be implemented in Texas Liberal justice Sonia Sotomayor released a dissenting statement saying the law should be temporarily blocked I'm Chris courage Police say 7 people were shot in west Baltimore last night The gunfire erupted just before ten p.m. on the 3100 block of west north avenue officers arrived to find several people with gunshot wounds including four teenage girls all of the victims were treated at area hospitals and are expected to recover Baltimore police are looking for a white SUV and at least one suspect The last Kmart store on the West Coast is going out of business Eddie McCubbin has the details Attention Kmart shoppers That's something customers in grass valley California won't be hearing any more The retailer will close its last West Coast location by the end of the year also marking the end of Kmart's pharmacy business in the contiguous 48 states The first Kmart store opened in the San Fernando valley in January of 1962 Target is set to take over the grass valley location in the new year as it continues to buy up or take over leases at former Kmart locations in California and across the country only about 15 Kmart stores remain including a flagship location in Guam Eddie mcgovern reporting One cruise line is going to set sail for 9 whole months royal Caribbean cruise line announced it will hit the seas in December 2023 departing from Miami Florida the trip that lasts three quarters of the year will take travelers to 150 destinations President Michael Baylor said the trip is called the ultimate world cruise and is meant to make up for all the lost time sailing during the pandemic It will travel around the Caribbean before going to Central and South America and then making stops at the Great Wall of China the Taj Mahal and the pyramids It will cost you about $66,000 to $112,000 a person And on this date in 1980 Mark David Chapman quit his security job and signed out for the last time instead of the usual chappie he wrote John Lennon Chapman would murder Lennon less than two months later on Monday night December 8th outside the Dakota apartment building in New York City where Lennon lived with his wife Yoko Ono and 5 year old son Shaun I'm Chris caraccio And I am Susanna Palmer and Bloomberg newsroom President Recep Tayyip Erdoğan said the ambassadors of ten nations including the U.S. Germany and France were no longer welcome in Turkey This after they demanded the release of a prominent businessman and philanthropist The battle that's tearing apart Rogers Communications has escalated former chairman Edward Rogers claims he has regained control of the board and his sister is warning that family members will quote spend every penny to stop his power play Edward Rogers said late Friday that he had delivered a shareholder resolution to replace 5 existing directors immediately with 5 of his own allies His sisters and their mother wife of Ted Rogers who started the company say he won't get what he wants Citigroup has agreed to conduct an audit of how its business impacts non white communities We get more about that from Bloomberg's Charlie pellet Citigroup becomes the first major Wall Street bank to agree to such a move this audit will be conducted by attorneys at Covington and burling and Citigroup says it will focus on its 2020 commitment to dedicate a $1 billion toward initiatives It hopes will close the persistent racial wealth gap in the United States where the average net worth of a white family is nearly ten times higher than that of a black family Charlie Bloomberg radio Broadway is truly back with the return of the phantom of the opera The curtain rose again on the longest running show in Broadway history making its triumphant return following the 19 month pandemic pause The Andrew Lloyd Webber musical returned Friday night at the majestic theater The zell out crowd roared in response to the legendary chandelier rising once again and.

Kmart ahmaud Arbery Wanda Cooper Jones Elijah Lewis Glenn youngkin Eddie McCubbin Terry mcauliffe Virginia Baltimore Obama Eddie mcgovern West Coast royal Caribbean Edward Rogers President Michael Baylor Texas mcauliffe Sonia Sotomayor U.S. Senate
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:58 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"Trespassing signs are posted outside the home of Brian laundry's family his media cruise continued their stakeout of the property today remains found in Florida's Carlton nature reserve this week were positively identified as the 23 year old authorities described laundry as the only person of interest in the Gabby patino homicide potatoes body was found last month in Wyoming The search for a missing New Hampshire boy appears to have come to a tragic end See police cadaver dog and MSP special emergency response team members located with presumably to be Elijah Lewis's body buried in the ground I'm not going to get into the specifics of the crime scene or in the manner which is boy's body was found at this time That's Plymouth county Massachusetts district attorney Tim Cruz the discovery was made in a wooded area about 70 miles from Louis's home He was last seen 6 months ago his mother and her boyfriend had been arrested on child endangerment and witness tampering charges in the case and stand accused of telling friends to lie about the boy's disappearance And I am Susanna Palmer and Bloomberg newsroom President Recep Tayyip Erdoğan said the ambassadors of ten nations including the U.S. Germany and France were no longer welcome in Turkey This after they demanded the release of a prominent businessman and philanthropist The battle that's tearing apart Rogers Communications has escalated former chairman Edward Rogers claims he has regained control of the board and his sister is warning that family members will quote spend every penny to stop his power play Edward Rogers Sid late Friday that he had delivered a shareholder resolution to replace 5 existing directors immediately with 5 of his own allies His sisters and their mother wife of Ted Rogers who started the company say he won't get what he wants Citigroup has agreed to conduct an audit of how its business impacts non white communities We get more about that from Bloomberg's Charlie pellet Citigroup becomes the first major Wall Street bank to agree to such a move this audit will be conducted by attorneys at Covington and burling and Citigroup says it will focus on its 2020 commitment to dedicate a $1 billion toward initiatives It hopes will close the persistent racial wealth gap in the United States where the average net worth of a white family is nearly ten times higher than that of a black family Charlie pellet Bloomberg radio Broadway is truly back with the return of the phantom of the opera The curtain rose again on the longest running show in Broadway history making its triumphant return following the 19 month pandemic pause The Andrew Lloyd Webber musical returned Friday night at the majestic theater This allowed crowd roared in response to the legendary chandelier rising once again and the sound of the organ The phantom of the opera debuted on the great white way all the way back in January of 1988 Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer this is Bloomberg.

Brian laundry Carlton nature reserve Gabby patino Elijah Lewis Tim Cruz Susanna Palmer President Recep Tayyip Erdoğan Edward Rogers Citigroup Edward Rogers Sid Plymouth county Bloomberg MSP Wyoming Rogers Communications New Hampshire Ted Rogers Florida
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:41 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"Are now posted outside the home of Brian laundry's family Scott Carr reports The signs went up along the home's perimeter today as media cruise continued their stakeout of the property Human remains found in Florida's Carlton nature reserve this week were positively identified by police as belonging to the 23 year old missing fiance of 22 year old Gabby petito Police say they're still trying to determine if there's any link between laundry and potatoes death Police described laundry as the only person of interest in her strangulation death in Wyoming I'm Scott Carr A senior Al-Qaeda leader is dead after a U.S. drone strike U.S. central command says the precision strike in Syria took out Abdul Hamid Al metar According to a command spokesman the removal of the senior leader will disrupt the terrorist group's ability to carry out attacks threatening Americans U.S. allies and innocent civilians An investigation is underway after a prop firearm discharge by actor Alec Baldwin killed one crew member and injured another on a film set in Santa Fe New Mexico on Thursday Hollywood weapons expert Larry zanoff says strict measures are supposed to be in place to prevent such a tragedy The questions that I would always ask is were the safety guidelines of our industry followed The blanks are not designed to do what the final outcome of this was The local county sheriff's offices the prop gun went off on the set of the western titled rust at bonanza creek ranch Baldwin was reportedly told the gun was safe before firing it The director of photography 42 year old Helena Hutchins was killed authorities filed no charges after they questioned Baldwin Production of the film has been shut down The American Film Institute is setting up a scholarship for women's cinematographers following the death of Hutchins reportedly the institute is accepting donations for the scholarship fund that aims to help female cinematographers build sustainable careers in the movie business I'm Chris courage The Justice Department is going after lending abuse in the housing sector We are wasting no time getting to work The civil rights division currently has several open redlining investigations and through partnerships with U.S. attorney's offices the department expects to open more in the months ahead Attorney general Merrick Garland opened a briefing by condemning the practice of redlining He said it involves discriminatory practices by lending institutions that harm minority communities Carlin noted redlining violates federal law The federal deficit is reaching the second highest point in its history Lisa Taylor reports The Treasury Department says the fiscal year 2021 deficit hit $2.8 trillion The highest number ever recorded came in the previous fiscal year as the economy got hit hard by the coronavirus pandemic That's when the government spent trillions of dollars to prop up the economy and help struggling Americans I'm Lisa Taylor Rock a Rod Stewart and his son are planning to go to trial after an incident in South Florida Stewart is being accused of pushing a security worker after being denied entrance to the breakers Palm Beach resort two years ago the venue was hosting a private event at the time The case was supposed to be finalized in court with an undisclosed plea deal The state is now requesting a jury trial another trial date has been set for January 25th of next year It's finally starting to look like fall and parts of New York's tri state area This happens when chlorophyll levels drop due to fewer hours of daylight and colder air the process can bring out vivid colors as the leaves turn shades of yellow orange and red leaf peeping is already started to the north and west but leaves have been slower to change colors closer to the city due to the warm fall temperatures and in music history news on this date back in 1976 Led Zeppelin made their U.S. television debut on Don kirshner's rock concert they performed black dog and dazed and confused I'm Chris courage And I am susannah Palmer and Bloomberg newsroom President Recep Tayyip Erdoğan said the ambassadors of ten nations including the U.S. Germany and France were no longer welcome in Turkey This after they demanded the release of a prominent businessman and philanthropist The battle that's tearing apart Rogers Communications has escalated former chairman Edward Rogers claims he has regained control of the board and his sister is warning that family members will quote spend every penny to stop his power play Edward Rogers said late Friday that he had delivered a shareholder resolution to replace 5 existing directors immediately with 5 of his own allies His sisters and their mother wife of Ted Rogers who started the company say he won't get what he wants Citigroup has agreed to conduct an audit of how its business impacts non white communities We get more about that from Bloomberg's Charlie pellet Citigroup becomes the first major Wall Street bank to agree to such a move this audit will be conducted by attorneys at Covington and burling and Citigroup says it will focus on its 2020 commitment to dedicate a $1 billion toward initiatives It hopes will close the persistent racial wealth gap in the United States where the average net worth of a white family is nearly ten times higher than that of a black family Charlie Bloomberg radio Broadway is truly back with the return of the phantom of the opera The curtain rose again on the longest running show in Broadway history making its triumphant return following the 19 month pandemic pause The Andrew Lloyd Webber musical returned Friday night at the majestic theater The sell out crowd roared in response to the legendary chandelier rising once again and the sound of the organ.

Scott Carr Lisa Taylor Brian laundry Carlton nature reserve Gabby petito Police U.S. central command Abdul Hamid Al metar United States Larry zanoff bonanza creek Helena Hutchins Baldwin Attorney general Merrick Garla Alec Baldwin Edward Rogers breakers Palm Beach American Film Institute Qaeda Wyoming
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:26 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"And Johnson & Johnson pharmacies at Walmart and Walgreens started to midstream the shots yesterday as well as the Pfizer vaccine booster The CDC recommended the Moderna and J&J boosters on Thursday and said it was safe for Americans to choose a different shot from their original vaccine Actor Alec Baldwin says there are no words to convey his shock and sadness following the fatal shooting of a cinematographer on his movie set Baldwin was making a movie in New Mexico when the shooting occurred on Thursday director of photography helene Hutchins was killed when Baldwin discharged a prop gun all reports indicate Baldwin was told the gun was safe before firing it A senior Al-Qaeda leader is dead after a U.S. drone strike U.S. central command says the precision strike in Syria took out Abdul hameed Al matar according to a command spokesman the removal of the senior leader will disrupt the terrorist group's ability to carry out a tax threatening Americans U.S. allies and innocent civilians I'm Chris courage And I am Susanna Palmer and Bloomberg newsroom President Recep Tayyip Erdoğan said the ambassadors of ten nations including the U.S. Germany and France were no longer welcome in Turkey This after they demanded the release of a prominent businessman and philanthropist The battle that's tearing apart Rogers Communications has escalated former chairman Edward Rogers claims he has regained control of the board and his sister is warning that family members will quote spend every penny to stop his power play Edward Rogers said late Friday that he had delivered a shareholder resolution to replace 5 existing directors immediately with 5 of his own allies His sisters and their mother wife of Ted Rogers who started the company say he won't get what he wants Citigroup has agreed to conduct an audit of how its business impacts non white communities We get more about that from Bloomberg's Charlie pellet Citigroup becomes the first major Wall Street bank to agree to such a move this audit will be conducted by attorneys at Covington and burling and Citigroup says it will focus on its 2020 commitment to dedicate a $1 billion toward initiatives It hopes will close the persistent racial wealth gap in the United States where the average net worth of a white family is nearly ten times higher than that of a black family Charlie pellet Bloomberg radio Broadway is truly back with the return of the phantom of the opera The curtain rose again on the longest running show in Broadway history making its triumphant return following the 19 month pandemic pause The Andrew Lloyd Webber musical returned Friday night at the majestic theater The sellout crowd roared in response to the legendary chandelier rising once again and the sound of the organ The phantom of the opera debuted on the great white way all the way back in January of 1988 Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer this is Bloomberg This is Bloomberg law with June Grosjean from Bloomberg radio The demands for justice and police accountability during the demonstrations following George Floyd's murder revived questions about the controversial doctrine of qualified immunity but this week the Supreme Court sided with police in a pair of cases alleging excessive force by officers in California and Oklahoma The justices ruled unanimously that the officers were protected by qualified immunity and could not be sued because previous case law hadn't given them clear guidance that their conduct violated the constitution Joining me is an expert on qualified immunity Joanna Schwartz a professor at UCLA law school German explained what qualified immunity is So qualified immunity is a legal defense in civil cases And the defense means that a police officer or other government official who has violated the constitution is protected from being sued unless there's clearly established law showing that what they did was unconstitutional And the Supreme Court in recent years has offered more and more restrictive descriptions of what it means to clearly establish the law so that they've now really sent the message that you need a prior court case where the almost exact same thing happened before and was ruled unconstitutional in order to clearly establish the law The court said it's not enough that a rule be suggested by then existing precedent The rules contours must be so well defined that it's clear to a reasonable officer that his conduct was unlawful in this situation he confronted Our officers really aware of what these court cases say or is this standard sort of a ruse on the courts part It's a terrific question I think the shortest answer is it is a bit of a ruse When the Supreme Court explains why there needs to be a prior court decision with nearly identical facts They talk about notice that the officer needs to be on notice that the contours of the constitution are hazy and we need a clear articulation of what is in constitutional for an officer to be unnoticed But you are absolutely right Officers are not educated about the fact and holdings of the court decisions that the Supreme Court says are necessary to clearly establish the law And I actually in an article that was published earlier this year studied hundreds of policies and trainings for California law enforcement agencies about the use of force which is the issue that is the basis for these two decisions And what I found was officers are trained about the sort of high level framework that the Supreme Court articulated in a case called Graham versus Connor about the reasonableness of force depending on the totality of circumstances given the perspective of the officer at the time But they are not trained about the fact of holdings of the court decisions that the Supreme Court says are necessary to clearly establish the law Instead their taught those broad principles and taught how to apply them with various hypotheticals that are not drawn from court cases And if you think for a moment about what it would mean for officers actually to rely upon these prior decisions it's fantastical There are hundreds or thousands of opinions that could.

Edward Rogers Susanna Palmer Baldwin Citigroup helene Hutchins U.S. central command United States Abdul hameed Al matar Bloomberg newsroom President R Bloomberg Charlie pellet Alec Baldwin Johnson & Johnson Supreme Court June Grosjean Rogers Communications Bloomberg radio Ted Rogers Walgreens
"edward rogers" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:42 min | 1 year ago

"edward rogers" Discussed on Bloomberg Radio New York

"Phantom debuted on the great white way back in January of 1988 Paul the Castro reporting Kellogg's is being taken to court over one of its popular breakfast items NBC ten reports the company is accused of false advertising regarding its frosted strawberry pop tarts The suit states the labeling is misleading saying the pastries filling has more strawberries than it does The plaintiff is reportedly seeking $5 million in damages The Houston Astros are headed to the World Series They punch their ticket with a 5 nothing win over the Boston Red Sox in game 6 of the American League championship series in Houston last night It's the third time the Astros have advanced to the fall classic and the past 5 seasons winning it all back in 2017 I'm Chris Craig And I am Susanna Palmer and Bloomberg newsroom President Recep Tayyip Erdoğan said the ambassadors of ten nations including the U.S. Germany and France were no longer welcome in Turkey This after they demanded the release of a prominent businessman and philanthropist The battle that's tearing apart Rogers Communications has escalated former chairman Edward Rogers claims he has regained control of the board and his sister is warning that family members will quote spend every penny to stop his power play Edward Rogers Sid late Friday that he had delivered a shareholder resolution to replace 5 existing directors immediately with 5 of his own allies His sisters and their mother wife of Ted Rogers who started the company say he won't get what he wants Citigroup has agreed to conduct an audit of how its business impacts non white communities We get more about that from Bloomberg's Charlie pellet Citigroup becomes the first major Wall Street bank to agree to such a move this audit will be conducted by attorneys at Covington and burling and Citigroup says it will focus on its 2020 commitment to dedicate a $1 billion toward initiatives It hopes will close the persistent racial wealth gap in the United States where the average net worth of a white family is nearly ten times higher than that of a black family Charlie pellet Bloomberg radio Broadway is truly back with the return of the phantom of the opera The curtain rose again on the longest running show in Broadway history making its triumphant return following the 19 month pandemic pause The Andrew Lloyd Webber musical returned Friday night at the majestic theater The sell out crowd roared in response to the legendary chandelier rising once again and the sound of the organ The phantom of the opera debuted on the great white way all the way back in January of 1988 Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer this.

Paul the Castro Houston Astros Susanna Palmer Chris Craig Bloomberg newsroom President R Edward Rogers Citigroup Edward Rogers Sid Kellogg Phantom Boston Red Sox American League Rogers Communications NBC Ted Rogers Houston United States Charlie pellet
"edward rogers" Discussed on As It Happens from CBC Radio

As It Happens from CBC Radio

05:01 min | 1 year ago

"edward rogers" Discussed on As It Happens from CBC Radio

"There are a lot of reasons. To be transfixed by the high stakes boardroom. Drama happening in the rogers communication empire right now but the main reason is the pivotal role of a butt. Dial for those who missed that. Crucial detail the globe and mail reports that the company's cfo pocket or but dialed the company's ceo and overheard him talking about plans to unseat him with the support of then company chair edward rogers who has since himself unseated. Thanks only in part to that mistaken call from one seat of power to another about all seems a bit below the belt still. We'll take this moment to mark the return of the butt dial to the cultural prominence. it deserves. It's not that it ever stopped. Being a problem necessarily just seems to have taken a back seat lately so this is a timely reminder that your bottom can still lend you on your backside just ask former georgia state employees james stevens who has his own cautionary tale. Thanks to a lack of caution from his tail after a long call from his boss. One evening from april twenty eighteen. here's carols conversation with mr stevens concluded. I put the phone in my pocket and walked into the kitchen where my wife was and apologized to her for the intrusion. And while we're in the privacy of our kitchen she made a few less than flattering comments about my job and Everything she said was truthful and methane. That really was unkind. Just things that only an insecure person would get upset and fire someone over and so what the issue here is that okay you you were at home. You'd come home for dinner. Your wife was waiting for you. You took this call fifty minutes here almost an hour on the phone with your boss. How is it that he came to over here this conversation. Well when i when. I my phone in my pocket and walked into the kitchen. Apparently you have a result. Way down the previous number that i had Had owned land back to him. And i was unaware that that had occurred but it was. It was a minute road pocket. Dial my phone did initiate. What point did you realize that you had the phone open My my pocket illuminate. I noticed my pocket illuminated. So i pulled the phone out saw. Let's connective and said oh. Explorer said a word that you'd have to be if i say i disconnected call. We have all i guess. Many people have but had this happened. Where you find yourself hearing a conversation or someone has pocket dialed you and you can hear what's going on and I guess we listen in. But we generally don't tell tell the people that we were listening and we say puckett dow. Maybe we don't you don't refer to but that's not what happened to you is what happened the next day. Tell us what happened when you saw your boss high To two hours into my work the next day. Mr cohen asked me if i could step into his office and he had to. Hr representative there and tell me that Based on the phone conversation he had hurt the previous not that He didn't feel any longer work with me. And that he'd give me the option to resign or or he would fire me. And i said you're going to terminate me for a private conversation. I had him on home. And he said i have spoken with the attorney general's office and they Said that i have already to do that. And that's your choice. You can refine our. I will fire you. James stephen speaking with twenty eighteen about how abud dial ended up losing his job as georgia state employees as.

edward rogers james stevens mr stevens georgia Mr cohen puckett James stephen abud dial