Christina Romer
25th Chairperson of the Council of Economic Advisers
In office January 28, 2009 – September 3, 2010
President	Barack Obama
Preceded by	Edward Lazear
Succeeded by	Austan Goolsbee
Personal details
Born	(1958-12-25) December 25, 1958 (age 53) Alton, Illinois
Political party	Democratic Party
Spouse(s)	David Romer
Children	3
Alma mater	College of William and Mary Massachusetts Institute of Technology

Christina D. Romer (née Duckworth; born December 25, 1958) is the Class of 1957 Garff B. Wilson Professor of Economics at the University of California, Berkeley and a former Chair of the Council of Economic Advisers in the Obama administration.^[1][2] She resigned from her role on the Council of Economic Advisers on September 3, 2010.^[3]

After her nomination and before the Obama administration took office, Romer worked with economist Jared Bernstein to co-author the administration's plan for recovery from the 2008 recession.^[4] In a January 2009 video presentation,^[5] she discussed details of the job-creation package that the Obama administration submitted to Congress.

Early life[link]

Romer was born in Alton, Illinois. She graduated from Glen Oak High School in Canton, Ohio, in June 1977. She obtained her bachelor's degree in economics from The College of William & Mary in 1981, and her Ph.D. from the Massachusetts Institute of Technology in 1985. Upon completion of her doctorate, she started working as an assistant professor at Princeton University. In 1988 she moved to the University of California, Berkeley and was promoted to full professor in 1993.

Research[link]

Romer's early work focused on a comparison of macroeconomic volatility before and after World War II. Romer showed that much of what had appeared to be a decrease in volatility was due to better economic data collection, although recessions have become less frequent over time.^[6]

She has also researched the causes of the Great Depression in the United States and how the US recovered from the depression. Her work showed that the Great Depression occurred more severely in the US than in Europe, and had somewhat different causes than the Great Depression in Europe. Romer showed that fiscal policy played a relatively small role in the recovery from the depression in the US, because taxes were raised in the US almost as quickly as government spending increased during the New Deal. However, accidental monetary policy played a large role in the US recovery from depression. This monetary policy came first from the devaluation of the dollar in terms of gold in 1933-1934, and later from the flight of European capital to the relatively stable US as war in Europe became more likely.^[7]

She has done extensive work on fiscal and monetary policy from the Great Depression to the present, using notes from the meetings of the Federal Open Market Committee (FOMC) and the materials prepared by Fed staff to study how the Federal Reserve makes its decisions. Her work suggests that some of the credit for the relatively stable economic growth in the 1950s should lie with good policy made by the Federal Reserve,^[8] and that the members of the FOMC could at times have made better decisions by relying more closely on forecasts made by the Fed professional staff.^[9]

Her recent work (with David Romer) has focused on the impact of tax policy on government and general economic growth. This work looks at the historical record of US tax changes from 1945-2007, excluding "endogenous" tax changes made to fight recessions or offset the cost of new government spending. It finds that such "exogenous" tax increases, made for example to reduce inherited budget deficits, reduce economic growth (though by smaller amounts after 1980 than before).^[10] Romer and Romer also find "no support for the hypothesis that tax cuts restrain government spending; indeed ... tax cuts may increase spending. The results also indicate that the main effect of tax cuts on the government budget is to induce subsequent legislated tax increases."^[11] However, she notes that "Our baseline specification suggests that an exogenous tax increase of one percent of GDP lowers real GDP by roughly three percent." ^[12]

Career[link]

Romer meeting with President Obama and Vice President Biden.

She is a former vice president of the American Economic Association, a John Simon Guggenheim Memorial Foundation Fellowship recipient, a fellow of the American Academy of Arts and Sciences, and a winner of the Berkeley Distinguished Teaching Award. Professor Romer is co-director of the Program in Monetary Economics at the National Bureau of Economic Research,^[13] and was a member of the NBER Business Cycle Dating Committee until she resigned from this position on November 25, 2008.^[14]

In 2008 Romer was set to join the Harvard faculty of economics, while her husband was offered a position at the university's Kennedy School of Government. However, the Romers remained at Berkeley after Drew Gilpin Faust, Harvard's president, vetoed her appointment.^[15] Her decision resulted in substantial discussion within the discipline and in the mass media. The motivations for Faust's decision to block Romer's appointment remain unclear, though speculation has focused on an opposition among "New Classical" economists to her "New Keynesian" tendencies, or a reluctance to appoint MIT-trained faculty at Harvard.^[16]

In late 2008, Romer along with fellow economic advisors Larry Summers and Peter R. Orszag presented then-President-elect Barack Obama with recommendations for a stimulus package.^[17] Romer calculated that a $1.8-trillion package was necessary to fill the output gap, but Summers rejected the proposal and opted not to include it in the memo fearing that a trillion-dollar package would not pass through Congress.^[18] The Obama administration ultimately passed an $800-billion package.

Family[link]

She is married to David Romer, her classmate at MIT and her colleague in the Economics Department at University of California, Berkeley. They have adjoining offices in the department,^[19] and collaborate on much of their research.^[20] The couple have three children together. She is not related to Paul Romer, the economist famous for his work on economic growth, although she has a son with the same name.

References[link]

External links[link]

Wikimedia Commons has media related to: Christina Romer

• Christina Romer's page at UC Berkeley
• Official CEA member profile
• Minneapolis Fed Magazine profile on Christina and David Romer
• Christina Romer at WhoRunsGov at The Washington Post
• Appearances on C-SPAN
• Christina Romer on Charlie Rose
• Christina Romer collected news and commentary at The New York Times
• Works by or about Christina Romer in libraries (WorldCat catalog)

v t e Cabinet of President Barack Obama (since 2009)   Cabinet Secretary of State Hillary Clinton (2009–present) Secretary of the Treasury Timothy Geithner (2009–present) Secretary of Defense Robert Gates (2009–2011) Leon Panetta (2011–present) Attorney General Eric Holder (2009–present) Secretary of the Interior Ken Salazar (2009–present) Secretary of Agriculture Tom Vilsack (2009–present) Secretary of Commerce Gary Locke (2009–2011) John Bryson (2011–present) Secretary of Labor Hilda Solis (2009–present) Secretary of Health and Human Services Kathleen Sebelius (2009–present) Secretary of Education Arne Duncan (2009–present) Secretary of Housing and Urban Development Shaun Donovan (2009–present) Secretary of Transportation Ray LaHood (2009–present) Secretary of Energy Steven Chu (2009–present) Secretary of Veterans Affairs Eric Shinseki (2009–present) Secretary of Homeland Security Michael Chertoff (2009) Janet Napolitano (2009–present)   Cabinet-level Vice President Joe Biden (2009–present) White House Chief of Staff Rahm Emanuel (2009–2010) William Daley (2011–2012) Jacob Lew (2012–present) Administrator of the Environmental Protection Agency Lisa Jackson (2009–present) Director of the Office of Management and Budget Peter Orszag (2009–2010) Jacob Lew (2010–2012) Trade Representative Ron Kirk (2009–present) Ambassador to the United Nations Susan Rice (2009–present) Chair of the Council of Economic Advisers Christina Romer (2009–2010) Austan Goolsbee (2010–2011) Alan Krueger (2011–present) Director of the Central Intelligence Agency Leon Panetta (2009–2011) David Petraeus (2011–present) Administrator of the Small Business Administration Karen Mills (2012–present)* * took office in 2009, raised to cabinet-rank in 2012 See also: Confirmations of Barack Obama's Cabinet

Peter Schiff

Austrian School
Born	(1963-03-23) March 23, 1963 (age 49)
Nationality	United States
Field	Financial Economics
Alma mater	U.C. Berkeley (B.B.A.), 1987[1]
Opposed	John Maynard Keynes,[2] Alan Greenspan,[3][4][5] Ben Bernanke,[6][7][8] Paul Krugman,[9] Christopher Dodd,[10] Barack Obama,[11]
Influences	Irwin Schiff, Ludwig von Mises, F.A. Hayek, Murray Rothbard

Peter David Schiff (pronounced /ˈʃɪf/; born March 23, 1963) is an American businessman, investment broker, author and financial commentator. Schiff is CEO and chief global strategist^[1] of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut^[12] and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City.^[13]

Schiff frequently appears as a guest on financial television and is often quoted in major financial publications. He is host of The Peter Schiff Show, a radio show broadcast on terrestrial and internet radio. He is a frequent guest on internet radio^[14][15][16] as well as the host of the former podcast Wall Street Unspun.^[14][17] In 2010 Schiff ran as a candidate in the Republican primary for the United States Senate seat from Connecticut.^[18]

Schiff is known for his bearish views on the dollar and dollar denominated assets, while bullish on investment in tangible assets as well as foreign stocks and currencies.

Early life and education[link]

Peter Schiff was born and raised in New Haven, Connecticut. His father, Irwin Schiff, is a prominent figure in the U.S. tax protester movement, currently serving a 13-year sentence for tax evasion.^[19] Peter Schiff attended Beverly Hills High School in California,^[20] and graduated from the University of California, Berkeley in 1987 with a Bachelor's degree in finance and accounting.^[1]

Financial career[link]

Schiff began his career as a financial consultant at a Shearson Lehman Brothers brokerage.^[1] In 1996 Schiff and a partner acquired a small brokerage firm that had been founded in 1980, reincorporated it in California and renamed it Euro Pacific Capital.^[21][22] The company today has more than 15,000 clients^{[citation needed]} and six offices nationwide, with its headquarters in Westport, Connecticut.^[12][21][23]

According to a 2005 article in The Advocate of Stamford, Connecticut Schiff relocated the firm to Darien, Connecticut to find brokers "who think like him". The New York Metropolitan Area, Schiff says, has the biggest concentration of brokers in the country, making it easier to recruit employees.^[24] The company has offices in Newport Beach, California as well as in Scottsdale, Arizona, Palm Beach, Florida, Los Angeles and New York City. Euro Pacific Capital also holds the exclusive rights to broker some Perth Mint gold products in the United States.^[25]

Economic forecasts[link]

Peter Schiff voices strong support for the Austrian School of economic thought, first introduced to him by his father.^{[26][27][28][29]}

2002–2008[link]

In his 2007 book Crash Proof, Schiff wrote that United States economic policies were fundamentally unsound, and predicted that the United States dollar would lose much of its value.^[3] Schiff believed that the imbalance between the amount of goods the U.S. consumed and what it produced would eventually lead to problems for the U.S. economy.^[30][31] As a remedy Schiff favored increased personal savings and production which he said would stimulate economic growth.^[32] Schiff cited the U.S.'s low personal savings rate as one of the causes of its transformation from the world's largest creditor nation in the 1970s to the largest debtor nation in the year 2000.^[33] Schiff attributed the low savings rate to higher inflation and the artificially low interest rates set by the Federal Reserve.^[34]

In a May 2002 interview with Southland Today, Schiff predicted that the economic downturn triggered by the bursting of the dot-com stock market bubble, an event that he had also forecast well in advance, would lead to a bear market likely to last "another 5 to 10 years."^[35][36] Later that year, following a 30% decline in the Dow Jones, Schiff reversed his call, and became bullish on U.S. stocks in nominal terms. However, he remained bearish in gold terms. In November 2002, as Schiff predicted, US stock indexes began a nominal bull market uptrend that held steady for five years,^[37] until reversing course in 2008, when they began a decline to less than half of their peak 2008 values,^[38] followed in 2009 by the Dow climbing 61% from its low point over the following year.^[39] However, priced in gold, U.S. stocks remained in a bear market the entire time. In May of 2002, the date of the Southland Today interview,^[40] the Dow Jones was worth over 34 ounces of gold. By 2011 the Dow fell below 6 ounces of gold, a nine-year decline of over 80%, in line with Schiff’s 2002 forecast.^[41]

In an August 2006 interview he said: "The United States economy is like the Titanic and I am here with the lifeboat trying to get people to leave the ship... I see a real financial crisis coming for the United States."^[42] On December 31, 2006 in debate on Fox News, Schiff forecast that "what's going to happen in 2007" is that "real estate prices are going to come crashing back down to Earth".^[42]

As part of these exchanges on Fox News and his repeated appearances on financial news network CNBC, Schiff had mentioned factors such as speculators and "the absence of lending standards" which are now seen by many^[43][44] to indeed be contributing factors to the housing crisis which began in 2007. On December 13, 2007 in a Bloomberg interview on the show Open Exchange, Schiff further added that he felt that the crisis would extend to the credit card lending industry.^[45] Following this observation, it was soon reported on December 23, 2007 by the Associated Press that "The value of credit card accounts at least 30 days late jumped 26 percent to $17.3 billion in October from a year earlier at 17 large credit card trusts examined by the AP... At the same time, defaults -- when lenders essentially give up hope of ever being repaid and write off the debt -- rose 18 percent to almost $961 million in October, according to filings made by the trusts with the Securities and Exchange Commission."^[46]

Since 2007, Schiff has stated many times that if the government doesn't change course there will be hyperinflation in the US.^[3] Schiff is one of a minority of economists credited with accurately predicting the financial crisis of 2007–2010 while "nearly all [macroeconomists] failed to foresee the recession despite plenty of warning signs".^[47][48] In his book Crash Proof, he described several aspects of the U.S. economy that would lead to a recession.^[3]

A YouTube video entitled "Peter Schiff was right" became popular in late 2008 and 2009.^[49][50] The video consists of a compilation of clips of his many appearances on various financial news programs from networks including CNBC, Fox News, MSNBC and Bloomberg, most of which took place from 2005 to 2007. In the video segments Schiff explains the fundamental problems he saw with the United States economy at that time. Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom."^[22][51][52]

2009–present[link]

Despite predictions regarding the housing bubble and automotive industry difficulties coming to fruition, as early as 2009 Schiff was receiving criticism due to the performance of some of his client's accounts in 2008, as well as controversies over the predictions themselves. In January 2009, economic blogger and investment adviser Michael Shedlock reported, "I have talked with many who claim they have invested with Schiff and are down anywhere from 40% to 70% in 2008."^[53] Later that week an article appeared in the Wall Street Journal reporting that Schiff's broker-dealer firm, Euro Pacific Capital Inc., "advised its clients to bet that the dollar would weaken significantly and that foreign stocks would outpace their U.S. peers" and that instead, the dollar advanced against most currencies, "magnifying the losses from foreign stocks Mr. Schiff steered his investors into."^[54]

The Director of Communications at Schiff's investment firm responded to the original Shedlock piece by saying, "While it is true, that our accounts have suffered badly in 2008, a fact that we have never disputed or ran from, [Shedlock's] estimates for the size of our typical client losses are exaggerated and unfair."^[55][56] Schiff personally responded to Shedlock's criticism by saying, "to examine the effectiveness of my investment strategy immediately following a major correction by looking only at those accounts who adopted the strategy at the previous peak is unfair and distortive" and called Shedlock's blog entry "nothing more than an overt advertisement (and a highly deceptive one at that) to use my popularity to advance his career," adding that losses were felt mostly by recent clients and not by others.^[57]

Schiff responded similarly to criticisms made by Wade Slome of Sidoxia Capital Management, LLC. in a September 2009 blog entry entitled, "The Emperor Schiff Has No Clothes."^[36] Schiff stated not only were the losses suffered by his clients in 2008 highly exaggerated, but also that most of those losses have already been recouped, stating that many who were down then are now up, and most long-term clients were never down at all, but merely temporarily lost some of the profits they had earned over the years.^[36]

The January 2009 Wall Street Journal article discussed the value of Schiff's predictions, and stated how deficiencies "made mincemeat of investors who took his advice in 2008."^[54] In an interview the following week Schiff likened himself to billionaire investor Warren Buffett, saying they were both "buy and hold" long-term investors. Contrasting his negative press he compared claims about accounts managed under Schiff's firm to the stock market value of Buffett's company, saying: "His approach is you buy stocks and you never sell them—you hope to never sell them—and Berkshire Hathaway is down 40% in the last thirteen months; I don't see the Wall Street Journal saying 'Warren Buffett made mincemeat out of his clients.'"^[58] The Wall Street Journal also published a letter written by Schiff in response to his critics saying: "My central investing premise, a weakening dollar and safety in gold, commodities and foreign stocks, didn't materialize in 2008. But all the ingredients were (and remain) present for those movements to occur. Over the past year, market reactions that I didn't foresee—massive global deleveraging, a knee-jerk 'flight to quality' into U.S. Treasuries and a sharp counter trend rally in the U.S. dollar—have kept the scenario from playing out."^[59]

In a November 2009 videoblog, Schiff said that five stocks he picked for Fortune Magazine in January 2009 had gained a total of 360%.^[60][61]

In a March 2009 speech Schiff said that it would be impossible for the U.S. debt to China to be repaid unless the U.S. dollar's value is substantially diluted through inflation. In September 2009 Schiff said that "I would not be surprised to see [gold] at $5,000 over the next several years" and that the 2009 stock market rally was a "bear market rally".^[62]

According to economist Paul Krugman, Schiff's Austrian approach to economics led him to incorrectly predict hyperinflation in the United States.^[63]

Political career[link]

Schiff was an economic adviser to Ron Paul's 2008 presidential campaign. In support of Paul's economic revitalization plan, he said: "We need a plan that stimulates savings and production, not more of the reckless borrowing and consumption that got us into this mess in the first place. Ron Paul's plan is the only one that amounts to a step in the right direction. If you want meaningful change—for the better that is—Ron Paul is the only candidate capable of delivering it."^[64]

In 2008, Schiff also endorsed Murray Sabrin for the U.S. Senate seat in New Jersey.^[65]

In an interview in February 2009, Schiff's position was summarized as a nonpartisan critique of American policymakers, comparing former presidents George W. Bush to Herbert Hoover and President Barack Obama to former president Franklin D. Roosevelt, with neither of the more recent incumbents comparing favorably to the earlier ones.^[66]

Schiff supports the reduction of government economic regulation, and is concerned that President Obama's administration may increase such regulation.^[67] Schiff says that the economic crisis of the late-2000s provides an opportunity to transition from borrowing and spending, to saving and producing. He is critical of the U.S. government's efforts to "ease the pain" with economic stimulus packages and bailouts. According to Schiff, the U.S. government's approach of replacing "legitimate savings with a printing press" could result in hyperinflation.^[68]

2010 U.S. Senate campaign[link]

In December 2008, Connecticut citizens created a website encouraging Schiff to campaign against the incumbent Senator Christopher Dodd.^[69][70] Approximately 5,000 people made campaign contributions using the web site.^[69] On February 21, 2009, a moneybomb raised over $20,000 for Schiff's campaign.^[71] In a May 2009 video blog, Schiff said that he was seriously considering a run for the senate and when questioned by a Washington Post reporter, he said the chance of him entering politics was "better than 50-50".^[72] In June 2009 Schiff commissioned a poll of likely voters which indicated that he trailed Dodd in popularity by four percentage points.^[73] On July 9, 2009, Schiff launched an exploratory committee and an official campaign website.^[69] He began accepting donations in an attempt to see if "people who really believe in freedom, liberty, sound money and the constitution are prepared to support that with an actual political contribution or to volunteer their services and work on this campaign." He received over 10,000 donations and many e-mails from around the world.^[69]

After giving some hints on The Daily Show^[74] Schiff officially announced his candidacy for the Republican nomination on September 17, 2009, during the MSNBC Morning Joe show.^[18][75][76] By October 2009 Schiff had received more than 10,000 telephone calls and letters^[69] and raised over $1,960,000 (USD) in campaign contributions.

At the May 2010 Republican convention, Linda McMahon received the most delegate votes but not enough to prevent an August primary election. U.S. Rep. Rob Simmons received more than the required 15 percent of the total votes necessary to force the primary. Schiff then collected the signatures necessary to earn a position on the August 2010 GOP primary ballot, submitting at least 400 signatures over the state requirement.

In July 2010, Schiff's campaign received endorsements from Steve Forbes and Ron Paul.^[77][78]

In the Republican primary, held on August 10, 2010, Schiff lost the nomination to Linda McMahon.^[79] McMahon collected 49% of the vote, with Simmons on 28% and Schiff 23%.^[80]

Ultimately, the election was won by the Democratic Party primary winner, Richard Blumenthal.^[81]

Broadcasting[link]

From 2005 to 2010 Schiff hosted a weekly podcast named Wall Street Unspun. In October 2010 Schiff began hosting a new radio show named The Peter Schiff Show. The show is broadcast weekdays from 10am-noon ET on internet and terrestrial radio. The show has featured guests such as Ron Paul, Rand Paul, Niall Ferguson, Dennis Kucinich, Rick Santelli, and others.^[82]

Books[link]

Peter Schiff is the author of six books published by John Wiley & Sons. His book, Crash Proof 2.0, appeared on both the New York Times and Wall Street Journal bestseller lists.

• Crash Proof: How to Profit From the Coming Economic Collapse, February 2007, ISBN 978-0-470-04360-8 1
• The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up When the Market is Down, 2008, ISBN 978-0-470-38378-0 2
• Crash Proof 2.0: How to Profit From the Economic Collapse, 2nd Edition, September 2009, ISBN 978-0-470-47453-2 3
• The Little Book of Bull Moves, Updated and Expanded: How to Keep Your Portfolio Up When the Market Is Up, Down, Or Sideways, 2010, ISBN 0-470-64399-4 4
• How an Economy Grows and Why it Crashes, 2010, ISBN 978-0-470-52670-5 5
• The Real Crash: America's Coming Bankruptcy---How to Save Yourself and Your Country, 2012, ISBN 978-1-250-00447-5

References[link]

External links[link]

Wikimedia Commons has media related to: Peter Schiff

Wikiquote has a collection of quotations related to: Peter Schiff

• Euro Pacific Capital US Brokerage Firm Website
• Euro Pacific Precious Metals Coin Company Website
• Schiff for Senate Official Campaign Website
• Peter Schiff Online, Official book site for Peter Schiff
• Peter Schiff radio, Schiff's daily radio show
• Peter Schiff's Official YouTube channel

Charlie Rose
Rose in May 2010
Born	Charles Peete Rose, Jr. (1942-01-05) January 5, 1942 (age 70) Henderson, North Carolina, U.S.
Education	Duke University B.A. (1964) Duke University J.D. (1968)
Occupation	Talk show host Journalist
Years active	1972–present
Notable credit(s)	Charlie Rose, 60 Minutes II, 60 Minutes, CBS News Nightwatch, CBS This Morning
Website
http://www.charlierose.com/

Charles Peete "Charlie" Rose, Jr. (born January 5, 1942)^[1] is an American television talk show host and journalist. Since 1991 he has hosted Charlie Rose, an interview show distributed nationally by PBS since 1993. He has also co-anchored CBS This Morning since January 2012. Rose, along with Lara Logan, has hosted the revived CBS classic Person to Person, a news program during which celebrities are interviewed in their homes, originally hosted from 1953 to 1961 by Edward R. Murrow.^[2]

Early life[link]

Rose was born in Henderson, North Carolina, the only child^[3] of Margaret Frazier and Charles Peete Rose, Sr., tobacco farmers who owned a country store.^[4][5] As a child, Rose lived above his parents' store in Henderson and helped out with the family business from age seven.^[6] Rose admitted in a Fresh Dialogues interview that as a child his insatiable curiosity was constantly getting him in trouble.^[7] A high school basketball star, Rose entered Duke University intending to pursue a degree with a pre-med track, but an internship in the office of Democratic North Carolina Senator B. Everett Jordan got him interested in politics.^[8] Rose graduated in 1964 with a bachelor's degree in history. At Duke, he was a member of the Kappa Alpha Order fraternity. He earned a Juris Doctor from the Duke University School of Law in 1968.^[6] He met his wife, Mary (née King), while attending Duke.^[3][4]

Career[link]

After his wife was hired by the BBC (in New York), Rose handled some assignments for the BBC on a freelance basis. In 1972, while continuing to work at Bankers Trust, he landed a job as a weekend reporter for WPIX-TV. His break came in 1974, after Bill Moyers hired Rose as managing editor for the PBS series Bill Moyers' International Report. In 1975, Moyers named Rose executive producer of Bill Moyers Journal. Rose soon began appearing on camera. "A Conversation with Jimmy Carter," one installment of Moyers's series U.S.A.: People and Politics, won a 1976 Peabody Award. Rose worked at several networks honing his interview skills until KXAS-TV in Dallas-Fort Worth hired him as program manager and gave him the late-night time slot that would become the Charlie Rose show.

Rose worked for CBS News (1984–1990) as the anchor of CBS News Nightwatch, the network's first late-night news broadcast. The Nightwatch broadcast of Rose's interview with Charles Manson won an Emmy Award in 1987.^[4] In 1990, Rose left CBS to serve as anchor of Personalities, a syndicated program produced by Fox Broadcasting Company, but he got out of his contract after six weeks because of the tabloid-style content of the show. Charlie Rose premiered on PBS station Thirteen/WNET on September 30, 1991, and has been nationally syndicated since January 1993. In 1994, Rose moved the show to a studio owned by Bloomberg Television, which allowed for improved satellite interviewing.^[9]

Rose was a correspondent for 60 Minutes II^[10] from its inception in January 1999 until its cancellation in September 2005, and was later named a correspondent on 60 Minutes.^[11]

Rose was a member of the board of directors of Citadel Broadcasting Corporation from 2003 to 2009.^[3] In May 2010, Charlie Rose delivered the commencement address at North Carolina State University.

On November 15, 2011, it was announced that Rose would return to CBS to help anchor CBS This Morning, replacing The Early Show, commencing January 9, 2012, along with co-anchors Erica Hill and Gayle King.

Cameo appearances[link]

Rose has appeared as himself in the 1998 film Primary Colors,^[12] in a 2000 episode of The Simpsons^[13] and in the 2008 movie Elegy.^[14] He and his show were also used in the Wes Anderson film The Royal Tenenbaums. He also appears as himself in the 2011 George Clooney directed film, The Ides of March.

[edit] Accusations of conflict of interest

While hosting the 2002 Coca-Cola Company shareholders' meeting, Rose said "few companies are able to connect as completely with consumers in the way that Coca-Cola is. It is a privilege to be associated with [The Coca-Cola family] ... This is the business of Coca-Cola: being part of a family, being worldwide, doing well and doing good at the same time."^[15] Afterward, Coca-Cola agreed to become what Rose called "a leading underwriter" of The Charlie Rose Show, paying "six or possibly seven figures."^[16] Even the Charlie Rose mugs used on his PBS show feature a Coca-Cola logo on one side.^[17][18] Although CBS News policy bars correspondents from doing commercials and product endorsements, the Washington Post reported CBS was "comfortable" with Rose's actions. Rose insists he "would never do a story on 60 Minutes II about anybody who underwrites my PBS show."^[16]

[edit] Quiet influence

The New York Times reported that Rose encouraged a discussion between the leaders of NBC and Fox, that led eventually to a mutual reduction in ad hominem attacks between Keith Olbermann and Bill O'Reilly on their respective news programs.^[19]

Rose has attended several Bilderberg Group conference meetings, including meetings held in the United States in 2008;^[20] Spain in 2010;^[21] and Switzerland in 2011.^[22] These unofficial conferences hold guests from North America and Western Europe, most of whom are political leaders and businessmen. Details of meetings are closed off to the public and strictly invitation-only, and critics^[who?] speculate the controversial nature of these meetings of highly influential people. Accusations from conspiracy theorists against The Charlie Rose show claim that it has become the US media outlet for Bilderberg.^{[23][unreliable source?]}

Personal life[link]

Rose's twelve-year marriage to Mary Rose (née King) ended in divorce in 1980. Mary is the sister-in-law of Morgan Stanley Chairman John J. Mack. Since 1993, his companion has been socialite and chairman of the New York City Planning Commission and director of the city department of planning Amanda Burden, a stepdaughter of CBS founder William S. Paley.^[24]

On March 29, 2006, after experiencing shortness of breath in Syria, Rose was flown to Paris and underwent surgery for mitral valve repair in the Georges-Pompidou European Hospital. His surgery was performed under the supervision of Alain F. Carpentier, a pioneer of the procedure.^[25] Rose returned to the air on June 12, 2006, with Bill Moyers and Yvette Vega (the show's executive producer), to discuss his surgery and recuperation.

In a 2009 Fresh Dialogues interview, Rose described his life as "great and glorious."^[7] He added, '"I get up every morning with a new adventure. The adventure is fueled by interesting people. I get a chance to control my own destiny. I do something that is immediately either appreciated or not. I get feedback."

Rose owns a 575-acre (2.33 km²) farm in Oxford, North Carolina, an apartment overlooking Central Park in New York City, a beach house in Bellport, New York, an apartment in Washington D.C.^[3] and an apartment in Paris, France.

References[link]

External links[link]

This article's use of external links may not follow Wikipedia's policies or guidelines. Please improve this article by removing excessive or inappropriate external links, and converting useful links where appropriate into footnote references. (March 2012)

• Charlie Rose Official website of his eponymous show
• Charlie Rose official channel on YouTube
• Appearances on C-SPAN
• Charlie Rose at the Internet Movie Database
• Charlie Rose collected news and commentary at the Los Angeles Times
• Charlie Rose collected news and commentary at The New York Times
• Charlie Rose at the Notable Names Database
• Charlie Rose shows on Hulu
• celebritynetworth.com, Celebrity Net Worth, Charlie Rose
• Why Business Loves Charlie Rose David A. Kaplan, Fortune, September 28, 2009