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Quest Means Business
Anger and Protests in Ferguson; Law Enforcement Update from Missouri's Governor; Ferguson Protests Across America; Dow Down Slightly; US Q3 GDP Revised Up
Aired November 25, 2014 - 16:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
(NEW YORK STOCK EXCHANGE CLOSING BELL)
RICHARD QUEST, HOST: Another record on the Dow. It was up for most of the session. The trading bell -- the trading day comes to a close. The
Vitamin Shoppe ringing the closing bell.
(GAVEL POUNDS)
QUEST: And a hefty hit with the hammer on Tuesday, the 25th of November.
In Ferguson today, defiance, despair, and disappointment. And above all, appeals for calm. There are press conferences taking place in this
next hour. You'll hear about them.
The pope's wake-up call to Europe, basic and blunt: stop acting elderly and haggard.
And Twitter's fail beyond the pale. The CFO comes a cropper on his own website.
I'm Richard Quest. We have an hour together, and I mean business.
Good evening. We start tonight, as we must, with the events in Ferguson, Missouri, where the community is coming to grips with a grand
jury's decision not to charge the officer, Darren Wilson, with any crime after he shot Michael Brown to death.
If that was the only story, well, so much. But the events of last night were quite dramatic. Following the grand jury's decision not to
charge -- the 18-year-old American, of course, died in August, he was unarmed -- well, there are more than 100 protests planned across the United
States this evening in support of the Brown family and to rally activists who now say that justice was not served.
This is why the events are so significant today, because as you can see from Ferguson this morning, burned-out buildings that were left
smoldering. Angry crowds went on a rampage last night following the decision not to indict the police officer.
Look at the violence. Overnight looters and vandals took advantage of the situation. Protesters showed their anger. The Brown family attorney
called for protesters to push for positive change, and Benjamin Crump rejected violence.
(BEGIN VIDEO CLIP)
BENJAMIN CRUMP, ATTORNEY FOR MICHAEL BROWN'S FAMILY: The legacy of Michael Brown, Jr. should be one not where we just make a lot of noise, Mr.
Brown. That wouldn't be the proper legacy to your son. The legacy to Michael Brown, Jr. should be that instead of just striving to make a lot of
noise, we strive to make a difference.
(END VIDEO CLIP)
QUEST: Now, there have been many comments and criticisms of the way the authorities handled the events of last night. The governor of
Missouri, Governor Jay Nixon, is due to hold a press conference. We are waiting, as you can see the podium. The governor, along with law
enforcement officials, is due to speak coming up in the next hour. If and when it happens, we'll bring it to you.
Protesters stayed on the streets on Tuesday. This is a peaceful march in front of the Justice Center in Clayton, Missouri. The video was shot
roughly 12 hours after the grand jury's decision was made public. CNN's Chris Cuomo was on the ground in Ferguson in the aftermath of the
announcement. He saw a very different scene to the dignified protests of those you see looking at now.
(BEGIN VIDEOTAPE)
CHRIS CUOMO, CNN CORRESPONDENT (voice-over): Ferguson on fire after no indictment of Officer Darren Wilson. As many as a dozen buildings
torched in the worst conflicts to date as outrage ran through the streets.
Local authorities thought they were prepared, that teargas would not be needed. They were wrong.
(EXPLOSIONS)
CUOMO (on camera): Here come flash bangs and canisters coming right up at us.
CUOMO (voice-over): Live on air --
CUOMO (on camera): We're getting gassed right now.
CUOMO (voice-over): -- gas shot around reporters, forcing the crowds to flee. Further down the street --
UNIDENTIFIED MALE: Teargas.
CUOMO: -- police firing more teargas directly into the crowd.
(EXPLOSION)
CUOMO: Officers trying to disperse the crowd, but there would be no control.
JON BELMAR, CHIEF, ST. LOUIS COUNTY POLICE: I didn't see a lot of peaceful protest out there tonight. What I've seen tonight is probably
much worse than the worse night we ever had in August.
CUOMO: All this because a grand jury refused to indict Officer Darren Wilson. Small groups of agitators ravaging Ferguson, looting businesses --
(CAR HORNS HONKING)
CUOMO: -- and setting fire to police cruisers. Tears streaming down the face of Michael Brown's mother after the decision was read.
ROBERT MCCULLOCH, ST. LOUIS COUNTY PROSECUTOR: The grand jury deliberated over two days. They determined that no probably cause exists
to file any charge against Officer Wilson and returned a no true bill on each of the five indictments.
CUOMO: Brown's parents saying, quote, "We're profoundly disappointed that the killer of our child will not face the consequence of his actions."
Officer Darren Wilson's lawyers also releasing a statement: "Officer Wilson followed his training, followed the law."
(CROWD CHANTING)
CUOMO: Minutes after word of the grand jury decision, President Obama called for peace.
BARACK OBAMA, PRESIDENT OF THE UNITED STATES: Hurting others or destroying property is not the answer.
CUOMO: Prosecutors released all evidence presented to the grand jury, 24 volumes of transcripts reviewed by the 12 grand jurors, 7 men, 5 women;
9 white, 3 black. Also for the first time we see photos of Officer Wilson taken immediately after he fatally shot the unarmed black teen six times.
More photos of the scene itself.
We now know Wilson testified that when he first saw Brown and his friend walking in the middle of the road on the morning of August 9th, he
yells, quote, "Hey guys, why don't you walk on the sidewalk?" That's when Wilson says Brown walked over and slammed the police cruiser door as Wilson
tried to exit.
Wilson testified the teen hit him in excess of ten times, landing two blows, causing minor bruising. These photos showing a swollen right cheek,
scratches on the back of his neck. Wilson also says after a tussle over his gun and two shots fired in the car, Brown takes off, Wilson pursuing
him down the street yelling, "Get on the ground!"
The teen eventually stops, turns towards the officer with, quote, "an aggressive face." Officer Wilson says Brown then charges him. And when
Brown was only 8 to 10 feet away, the officer fires two fatal shots, hitting him in the head.
(END VIDEOTAPE)
QUEST: Chris Cuomo reporting there on the grand jury decision. Well, as you know, as we've just been discussing, after that jury decision was
announced by the officials in Missouri, there was extreme violence, looting, burning, cars destroyed, businesses wrecked.
For some local business owners, their lives in Ferguson as they knew it, well, for those 12 stores, they are now, quite simply, ash.
(BEGIN VIDEOTAPE)
(EMERGENCY VEHICLE SIREN)
JAKE TAPPER, CNN CORRESPONDENT (voice-over): The day after. Stores and livelihoods, people's dreams destroyed, looted, trashed, and torched.
How did we get here?
(CROWD CHANTING)
TAPPER: Last night was one of palpable disappointment and anger.
MCCULLOCH: They determined that no probable cause exists to file any charge against Officer Wilson.
TAPPER: Protesters sad, anguished, furious that Officer Darren Wilson will not face any charges in the killing of Michael Brown.
BELMAR: I didn't see a lot of peaceful protest out there tonight, and I'm disappointed about that.
TAPPER: Police "disappointed" that unrest spilled over into destruction.
OBAMA: Hurting others or destroying property is not the answer.
TAPPER: And the president, largely unheard.
(CAR HORNS HONKING)
TAPPER: At least by the violent demonstrators he attempted to appeal to in the midst of it all. They were oblivious to his calls for calm.
(CAR HORNS HONKING)
TAPPER: Before the grand jury decision was announced, hundreds gathered in front of the Ferguson Police Department.
UNIDENTIFIED MALE: Disperse now, or you'll all be subject to arrest.
TAPPER: The crowd grew more reckless.
UNIDENTIFIED MALE: Stop throwing objects at the police immediately or you'll be subject to arrest.
TAPPER: Destroying police cars, even setting them on fire. It was surreal covering this. In my earpiece, I heard President Obama pleading
for peace and encouraging the media to focus on the positive.
OBAMA: We have to make sure that we focus at least as much attention on all those positive activities that are taking place as we do on a
handful of folks who end up using this as an excuse to misbehave.
TAPPER: True, most in Ferguson were not on the streets rioting. Most were likely at home. But the disconnect was jarring. It was as if I was
listening to a speech from another time or from another planet far from this one.
(POPPING NOISES)
TAPPER: Fewer than two hours after the grand jury's decision was announced, teargas was being used by police to clear the streets, even
while the police Twitter account insisted it was only shooting smoke. That was definitely not the case.
TAPPER (on camera): There's glass all over.
TAPPER (voice-over): Pushed down the street along with everyone else, my crew and I witnessed the devastation of a city block vandalized, looted.
A woman, a local pastor, pleaded with those stealing from Beauty World to stop. They did not listen.
Cars pulled up with people inside, struggling to deal with the teargas.
(CROWDS SHOUTING)
TAPPER: As the gas affected more demonstrators, some became enraged at the scene unfolding.
UNIDENTIFIED FEMALE: The teargassed the girl! They threw gas on the girl! On top of her body! She's passed out! And they started throwing
teargas at the crowd!
TAPPER: Frustrations in the fractured community were clear.
UNIDENTIFIED FEMALE: You all should have seen this coming!
TAPPER: While in downtown Ferguson, businesses were being burned. At one point, we began filming these men with bricks in their hands. Then we,
too, were attacked.
(CROWD SHOUTING)
TAPPER: It was all the kind of scene Ferguson officials said they had prepared for but had hoped to avoid.
RON JOHNSON, CAPTAIN, MISSOURI STATE HIGHWAY PATROL: If we are going to survive at all, we're going to have to come together. And what happened
tonight can't happen, can't continue on.
(END VIDEOTAPE)
QUEST: That's Jake Tapper reporting from Ferguson last night. Now, of course, to give it in some perspective to you, it's four -- it's seven
minutes past 4:00 in the east, ten minutes past 3:00 in Ferguson. So now, the officials there are starting to make plans for how they will handle
whatever happens this evening.
We are expecting to hear from Governor Jay Nixon, the governor of Missouri. He's expected to be joined by senior officials, law enforcement
officials. And I'm guessing that they're all starting to gather now and come to the podium. There is the governor. He's going to come to the
podium. We will listen to him, his statement about his intentions for tonight and his questions.
GOV. JAY NIXON (D), MISSOURI: All right. Good afternoon and thank everybody for joining us. First, let me introduce who is with me today.
Chief Dan Isom, the director of the Department of Public Safety in the state of Missouri. Colonel Ron Replogle of the Missouri State Highway
Patrol. Chief Jon Belmar of the St. Louis County Police Department. Assistant Chief Al Atkins of the St. Louis Metropolitan Police Department.
We're also joined by Major General Stephen Danner, the general of the Missouri National Guard, as well as Brigadier General Gregory Mason from
the Missouri National Guard.
Last night, criminals intent on lawlessness and destruction terrorized this community, burning buildings, firing gunshots, vandalizing
storefronts, and looting family businesses, many for the second time.
I am deeply saddened for the people of Ferguson who woke up this morning to see parts of their community in ruins. I just came from West
Florissant. It's a heartbreaking sight. Seniors afraid to leave the house, school canceled, kids scared to go outside and play.
What they've gone through is unacceptable. No one should have to live like this. No one deserves this. We must do better, and we will.
This morning and into this afternoon, I met with Guard and law enforcement leaders. All agree that the violence we saw in the areas of
Ferguson last night cannot be repeated. That is why in order to protect lives and property, we are bringing more resources to Ferguson and other
parts of the region to prevent a repetition of the lawlessness experienced overnight.
The National Guard presence will be ramped up significantly in Ferguson and ensuring that they are ready to react quickly to prevent
violence.
First, we are deploying hundreds of additional guardsmen to Ferguson, who will be stationed throughout the community to protect homes and
businesses. With these additional citizen soldiers, law enforcement officers will be better able to focus on protecting lives and property in
the community.
The Missouri National Guard will also continue to provide security at critical locations, including the Ferguson Police Department.
Last night, more than 700 guardsmen were at nearly 100 vital facilities throughout this region in both the city and the county, and I
thank them for their work. It is a testament to the professionalism of local law enforcement, the Missouri State Highway Patrol, and the Guard
that no one was killed or seriously injured last night.
Third, the Guard's rapid response teams will be positioned so that they are ready to act at a moment's notice if challenges arise.
Altogether, there will be more than 2,200 National Guardsmen in the region. Lives and property must be protected. This community deserves to have
peace. We will provide safety and security to the region.
I know this morning that there is pain the hearts of this community. I also know that it is vital for us to understand how we got to this place
and how to make it better. I continue to be heartened by the steadfast work that so many people in this region are doing on behalf of peace and
understanding to avert violence and move forward together.
I'll now call on some folks to say something, then I'll be glad to take questions. Let me first call on the commander here, Brigadier General
Gregory Mason. General Mason?
GREGORY MASON, BRIGADIER GENERAL, MISSOURI NATIONAL GUARD: Thank you, Governor. As in August, the Missouri National Guard will deploy a trained
and ready professional force. Our soldiers, who are equipped to do the job in August, we return to Ferguson and this region and we will continue to do
a good job and protect the citizens and life and property.
So again, we're here as trained and ready soldiers to do what we've always done, and that's serve the citizens of the state of Missouri.
NIXON: Thank you, General. The colonel of the Missouri State Highway Patrol, Colonel Ron Replogle.
RON REPLOGLE, COLONEL, MISSOURI STATE HIGHWAY PATROL: Thank you, Governor. I just want to say that we have worked with the National Guard
many times throughout the past years in disasters around this state. Last night was a disaster, and we're prepared to team up again with the National
Guard, with the other local law enforcement to address this tonight.
As the governor said, we cannot have a repeat of what happened last night. It was very disappointing for me to watch the hard work of Chief
Belmar, Chief Dotson, and Captain Johnson over the last 100-plus days, the tremendous work that they've been doing, go up in flames, so to speak, last
night.
They will work more, they will work harder, and we will work harder, but we will not have a repeat of last night's activities. Thank you.
NIXON: Thank you, Colonel. Now I call on the chief of the St. Louis County Police Department, Chief Jon Belmar.
BELMAR: Thank you, sir. I, too, would like to thank General Mason for the assistance he's going to give us. Last night, we had about 400-
plus police officers down there before we called about 60 officers from St. Louis City and another 100 officers from municipalities.
So, I think it just goes to show you the value that the Guard can bring to us, force, protection, different things, such as that. The
message here is, our community not only needs to be safe, they need to feel safe. And I appreciate the governor's leadership and certainly General
Mason's troops in that regard. Thank you.
NIXON: Thanks, Chief. The director of Public Safety for the State of Missouri, Director Dan Isom.
DAN ISOM, DIRECTOR, DEPARTMENT OF PUBLIC SAFETY FOR THE STATE OF MISSOURI: It was clear that last night was a disappointment. A
disappointment in so many ways. So much work has been done by the unified command over the last 100 days, and we deployed many officers out in the
area.
And unfortunately, there was a group of people who were intent on causing violence and mayhem. We will do better tonight. There will be a
significant presence in the community. And we hope that we will protect the property and protect the businesses of those people in Ferguson and
also throughout the city of St. Louis and our community.
NIXON: Thank you, Director. Glad to take any questions.
UNIDENTIFIED MALE: Governor, was your failure to deploy National Guard promptly, specifically to Ferguson (inaudible).
NIXON: No, I mean, we had -- as I said before, we had about 700 guardsmen in 100 locations in the city and the county last night, late last
night, early this morning, I'm not sure exactly the time. I was late last night, we deployed guardsmen to the Ferguson Police Department as
additional force strength there.
And as was indicated by the folks here, we have -- will continue that mission, along with the other two missions that we talked about to expand
the role of the Guard. We're working to make sure that there's public safety and that the Guard is -- that that force amplifier is used in a way
that makes sure that tonight is a safer night.
(INAUDIBLE QUESTION)
NIXON: I didn't. I mean, we had 700 National Guardsmen out throughout the region that were -- that went out early last evening,
including late last night, guardsmen deployed directly to Ferguson Police Department. So I say they --
UNIDENTIFIED MALE: But you're going to have more than 2,000 now, if I heard correctly.
NIXON: That's how many -- that's the force strength we'll have in the area. We'll have a significant number out tonight, but obviously, we work
shifts. But the bottom line is that we are going to -- as I said before, we're going to continue to up their numbers here and work with the unified
command to make sure that we keep things calm and safe.
(INAUDIBLE QUESTIONS)
NIXON: Come here. Yes, Jason? Go ahead, Jason. I'll come back, I'll come back.,
UNIDENTIFIED MALE: Was the National Guard on West Florissant before the looting and the burning of the buildings happened? And if not, why
weren't they there?
NIXON: The National Guard was part of the unified command. They were providing services all throughout the area so that officials would be freed
up to be part of that command.
As I said before, we had 700 guardsmen in the region doing a lot of static work out there such that others could. We certainly had Guard at
the command post, and as I said, later in the night, we had Guard at the Ferguson Police Department.
But we will have more out there tonight, and we will continue to provide resources as necessary. I promised over here first. Yes?
UNIDENTIFIED MALE: How many National Guardsmen did you have in Ferguson last night, in Ferguson particularly. Not the region, I'm
interested in Ferguson specifically. And how many will be there --
NIXON: As I said before, we had some -- I'm not sure of the exact number -- at the command center at various times. And somewhere in the
neighborhood of 100 at the police department eventually as the night went on.
UNIDENTIFIED FEMALE: As far as the (inaudible), he is saying that (inaudible) have been pressured by the Obama administration, by the Justice
Department, to not deploy guardsmen to Ferguson, asking if they can actually do something, as opposed to just guard federal buildings, such as
the police building. Can you please respond to this charge?
NIXON: That is false and absurd and politics has nothing to do with what any of the folks up here are doing. We're doing our duty. You have
behind me a series of sworn officers. You have hundreds of people out there putting their lives on the line each and every night. Politics has
not one bit to do with the tasks at hand, the responsibilities at hand, and the seriousness of this mission. Yes, sir?
UNIDENTIFIED MALE: Governor, you had a plan at one time (inaudible). How would you change that plan?
NIXON: I'm not -- once again, I don't -- I'm --
UNIDENTIFIED MALE: Why did the unified command change that plan?
NIXON: I'm not going to go through operational things other than we have been working these plans for a period of time. Obviously, we're going
to have more folks out there tonight. We're moving folks into that area, but we want to stay agile also.
And the bottom line is that as we look towards missions we were putting out, we had 700 guardsmen out there that were dispersed in the
area. Most of those were in a situation such that they could free up post- certified officers that could be freed up to be agile it the force. Tonight, we'll put additional guardsmen to make sure that things are even
safe. Yes, sir? Yes, yes. Yes.
UNIDENTIFIED MALE: Are you just deploying military policemen out there, or are you putting an infantrymen out?
NIXON: We'll have force strength as appropriate for the tasks that are in play.
UNIDENTIFIED MALE: Will you have infantry dealing with (inaudible).
NIXON: Like I said, we have force strength as is necessary to deal with it. We -- I'm confident our folks are trained and ready for the task
at hand. Yes, Art? Go ahead.
UNIDENTIFIED MALE: Any consideration about shutting down West Florissant tonight or going forward?
NIXON: We're going -- there's going to be a lot of folks there, a lot Guard, a lot of other resources. We're certainly looking at those as
options, but I think what people want is peace, what they want is safety.
We've got to get through to that point where the people of this region are confident to walk up and down their streets, and the best way we can do
that is to deal with the issues we have that are facing us right now in a strong, unified way to make sure that the people of this region on their
streets.
Not that we have to have guardsmen or police officers or things of that nature. We're trying to get to a place -- back to a place where the
city of Ferguson and the region feel comfortable walking around with their families, walking around with their kids. That's our goal, not to shut the
place down.
Thank you all very, very much for your time.
QUEST: So, there we have the governor of Missouri, Governor Jay Nixon, he just addressing the media, along with his senior law enforcement
officials.
It doesn't matter who you listen to, they all had pretty much the same message, and it can be summed up in one sentence: whatever happened last
night, there can be no repeat tonight. We cannot have a repeat of last night. Again and again, that was the message.
Describing last night's violence as "unacceptable," the governor said that more National Guard would be introduced into Missouri. He said that
it would be the security or the force presence would be, in his words, "ramped up significantly."
He said there would be more than 200,000 -- 2200 National Guardsmen in the region, that 100 additional facilities would be guarded. There would
be security at critical facilities. The goal was, he says, "lives and property must be protected."
But it's not only, of course, in Missouri where there have been demonstrations. This picture taken -- I mean, this video now, live, coming
from outside the CNN Center in Atlanta. A small demonstration that you can hear in Atlanta.
But these sorts of demonstrations this evening are expected to take place in dozens, maybe hundreds of places across the United States. The
call, of course, remains for them to be peaceful. But we will have full coverage as, indeed, the hours pass by.
Let me leave you with one thought: they described last night's events in Missouri as "a disaster." We'll be back in a moment.
(COMMERCIAL BREAK)
QUEST: Heavens to Murgatroyd! I must apologize to you. When you and I joined each other this evening, I started off by saying the Dow was at a
record. Well, I wasn't being inaccurate. When we spoke at the beginning of the program, it was at a record. It was up about 4 points.
But that little bit of tick-tock over as the trading session ends and the book squaring takes place, as you can see, it landed down just three
points. So, no record on the Dow.
What was driving much of the session during the course of the day was US economy numbers, which showed that the US economy was growing stronger
in the third quarter than first thought. The Dow traded -- although we had some bit of an odd session earlier, end of session, but it traded largely
on the US GDP.
The original reading was 3.5. The new reading is 3.9. It certainly shows that the United States GDP in 2014 -- take a look at 3.9 as versus
3.5.
Now, the third quarter growth was lower than the previous, and that was rebound because you've got to bear in mind, the year has been far from
normal. Q1 was blamed on bad weather. But the last six months -- the last six months for the economy, there you have your bad weather. There you
have your rebound.
You've got a bit of a -- now you've got a better number than first thought. Put it together, put these two together, and you have the best
economic performance since 2003. Which all means I need Anthony Chan, chief economist at Chase, to explain, sir, why? What's driving those
numbers?
ANTHONY CHAN, CHIEF ECONOMIST, CHASE: Well, what's driving those numbers is clearly that the US economy is improving. We've seen all the
effects of all this quantitative easing, the economy on steroids.
But you also have to be careful, because the upward revision came because all of a sudden the inventory situation is a little different.
QUEST: Ah!
CHAN: And we know that if inventories go up, that means they may go down in the fourth quarter.
QUEST: Our old -- forgive me interrupting you -- our old friend inventories.
CHAN: That's right.
QUEST: And when you see inventories driving a number, that is a red flat.
CHAN: It is a red flag, because you did see a slight upward revision in inventories. And so, as a result, as you go into that fourth quarter,
all those extra inventories will probably come off.
So, I think in the fourth quarter, we're probably looking at a number of 2.5 to 2.6 percent. Which by the way is still a pretty good number. I
think you pointed out that big jump in the second quarter. That was a rebound. That's not real.
QUEST: Right. But that 3.9 -- the fourth quarter, you've got the holiday season, which kicks off this week. So, might you be being -- dare
I respectfully suggest? -- pessimistic at 2.9 in Q4?
CHAN: I don't think so. Because remember, all these numbers are seasonally adjusted, which is another way of saying that even though there
is a lot more retail activity taking place in the fourth quarter, that number's already baked in the cake. They know that. And so the seasonal
factors depress economic activity.
QUEST: As we come to the end of the year, what's your forecast for 2014 US?
CHAN: I think in 2014 we'll probably see something in the neighborhood of 2.5 to 3 percent, so I'm going to pick a number of about
2.7 percent for 2015. Which by the way is faster than potential growth, not a bad number.
QUEST: 2.7? But just -- I just want to put it into bleak perspective for our viewers this evening, for you this evening. That 2.7 or the 3.9 we
saw today, give me the annualized for Europe.
CHAN: For Europe, we look for 2015 to be something in the neighborhood about 1 percent on a year-over-year basis. This year, I'm
looking for eurozone growth of about 0.8 percent. A little disappointment --
QUEST: Disappointment?
CHAN: I would have loved to have seen 1 percent. But you've got to remember, in Europe, potential growth is 1 percent. In the United States,
potential growth is almost double that, 2 percent or a little bit more. So 1 percent number is not at all bad, especially given what Europe has been
through. So it is an improvement.
QUEST: One percent's an improvement.
CHAN: Absolutely.
QUEST: Good to see you.
CHAN: My pleasure.
QUEST: Thank you very much, indeed.
CHAN: All right.
QUEST: Now, the leader of the Catholic Church says Europe's lost its soul even at 1 percent. The pope's message and the lawmakers' response.
It's after the news headlines. It's QUEST MEANS BUSINESS.
(RINGS BELL)
(COMMERCIAL BREAK)
QUEST: Hello, I'm Richard Quest. There's more "Quest Means Business" in just a moment. This is CNN, and on this network, the news always comes
first. The family of Michael Brown are calling for all police officers to wear body cameras following a decision not to indict the police officer who
shot and killed the teenager in August. There were violent protests overnight on Monday. The Missouri Governor Jay Nixon says there must be no
repeat. He has said that the security forces in Missouri will be ramped up significantly this evening.
Authorities in Nigeria say they're investigating a deadly attack by two female suicide bombers. They say the women blew themselves up minutes
apart in a crowded market in the northeastern city of Maiduguri. A medic said as many as 50 people may have been killed.
Syrian opposition activists now believe more than 60 people have been killed in government airstrikes in the city of Raqaa. They say more than
half of those killed were civilians. The death toll is expected to rise as some people are believed to be trapped under the rubble. ISIS has declared
Raqaa the capital of its self-proclaimed Islamic State.
Two people who tried to rob a Cartier Jewelry Store in Paris are tonight in custody after a shootout with the police and the car chase. The
police say the thieves shot at the officers as they tried to make a getaway from the store which is close to the Champs-Elysees. They then fled on a
scooter and hid in a hair salon where they took a hostage. A short time later, they surrendered to the police.
Pope Francis today delivered a searing indictment of Europe's government and its economy. In a speech before the European Parliament,
the Pope said the rest of the world increasingly views the continent as elderly and haggard. They were the words he used. "Elderly" and
"haggard." And the Pontiff warned Europe is building a culture that turns men and women into mere cogs in a machine. He called for a rediscovery of
European ideals - to welcome immigrants, to create jobs and to improve working conditions.
(BEGIN VIDEOCLIP)
POPE FRANCIS, BISHOP OF ROME, VIA INTERPRETER: The time has come to work together in building a Europe which revolves not around the economy
but around the sacredness of the human person - around inalienable values.
(APPLAUSE)
(END VIDEOCLIP)
QUEST: Now, the father of Patrick Daly is the general secretary of the commission of the Pope's conferences of the European community. He
joins me now form Strasbourg. Good evening to you, sir. The Pope's message was blunt.
FATHER PATRICK DALY, GENERAL SECRETARY, COMECE: Good evening.
QUEST: Good evening. He talked about European institutions being bureaucratic technicalities, he talked of a selfish lifestyle marked by
opulence, and he said that basically he rounded on the Europeans.
DALY: Well, I do think your word indictment was very strong and we here experience the Pope's speech to the European Parliament as being one
of hope, encouragement and affirmation. Affirmation I think of the European project and what is achieved and indeed a cautious admonition
about some of the areas that perhaps European policy was neglecting and overlooking. So I would agree only to some extent with your rather harsh
interpretation of the Pope's words.
QUEST: Well, well you say it's harsh, sir, and I offer this up my - you know - in defense. He talked about Europe being elderly and haggard -
a grandmother no longer fertile and vibrant. Now I understand of course he wants to jenny them up a bit. The Pope's really good at sort getting his
message across, but they are very, if you like, blunt terms for a Pontiff to use.
DALY: Yes, his language I think was strong and indeed a little like the Old Testament prophets did ruffle some feathers. And he focused on
areas of policy such as for example he advocated a humane treatment of migrants into our community. He also spoke about particularly the
loneliness and isolation of many of our elderly and he focused very much on the idea of human dignity as being central to the European project. And I
think he was quite right in drawing attention away from the economic thrust to focus on a more humane and holistic approach to the European ideal of
integration.
QUEST: His Holiness talked about this fresco by Raphael which is the "School of Athens." You've got Plato and Aristotle, Plato is pointing
upwards to the world of ideas, Aristotle is pointing to the earth and concrete reality. This - we were looking at this magnificent fresco. Now,
but this goes to the very heart of what the Pope's message is these days, isn't it? Materialism needs to give way to spirituality.
DALY: It does but I think - I saw it more as a reflection of the two important aspects of the European project. The European Project after all
started as a dream. It was burn - it was born - out of the ashes of war, it advocated peace and it still remains a peace project. So there were
very heady ideals in the beginning. What was one which dealt with the lives of real people dealing with concrete problems on the ground - hence
the contrast between Plato's idealism and Aristotle's practical approach to perceived reality.
QUEST: The Pope's getting a bit of a reputation as being anti- capitalist. Is he?
DALY: I think that what the Pope advocates is a social market economy, a mixed economy, one where the spirit of competition works which
motivates people to produce and to work, but also one which takes care of society, which doesn't overlook the needs of the poor, of the outcasts, of
those who live on the margins as well as of those who have a difficulty and struggling against the capitalist system. But I don't think he is overtly
engaged in a frontal assault on capitalism. He wants the forces of the liberal free market economy to work with a human face.
QUEST: Father Patrick Daly, thank you, sir for joining us tonight from Strasbourg. We very much appreciate it and it was indeed one of the
most fascinating speeches probably that the European Parliament has heard. Thank you, sir. "Quest Means Business" will be back in just a moment.
Good evening to you.
(COMMERCIAL BREAK)
QUEST: In many places around the world, holding elections that are both free and fair remains a hurdle to democracy. A company called
Smartmatic - sounds like one of those things that sells you a gadget that'll help cleaning the bathroom or something. But it's not - it's much
more important than that. Smartmatic is trying to change all of that. It recently worked to organize ballots in places like Brazil and the
Philippines, and since the year 2000 have counted over 2.3 billion votes in gazillions of elections. Lord Malloch-Brown is the former deputy secretary
of the U.N. and the coja now (ph) set to become the chairman of Smartmatic's parent company which is some initials. But Smartmatic while
on the ground is much more exciting, isn't it? I mean, what's the goal here? To use technology to run elections?
LORD MARK MALLOCH-BROWN, CHAIRMAN, SGO: Yes, I mean, when I was in the U.N. and trying to find ways to really tackle poverty, I found one of
the most powerful ideas we had was to ensure that poor people had a vote in their country's future. Because that allowed them to hold governments to
account to make sure that resources were directed at them too - not just the wealthy urban elites. And so democracy has been a huge, booming thing
-
QUEST: Right.
MALLOCH-BROWN: -- over the last decade or so - more and more countries using it. But the actual quality of those elections has frankly
deteriorated as elites have found new ways to manipulate the vote. So a company which has got a guaranteed 99.9 percent security of its vote from a
biometric identification through to all sorts of IT controls and security systems which -
QUEST: Right.
MALLOCH-BROWN: -- actually those watching the vote can participate in. This is really a game changer.
QUEST: And surely the nirvana for technology and voting is when we do get online voting. Because if you just take Facebook, if you take the
option of online voting, perhaps would get voting numbers up into the 80 and 90 percents.
MALLOCH-BROWN: Now that's actually right. But you have to look at online voting as a substitute for today's postal ballots. It's a critical
part of the election but it's never going to be as secure as the old- fashioned going to the polls. Or at least it's not yet as secure. When we've got biometric identification cracked, it will be. But for now, you
know, what we envisage is a system where when you actually go to the polling booth, you vote online and that's 100 percent secure. If you can't
and you do a postal ballot, that is much securer than today's postal ballot but not the same top level of security.
QUEST: Right.
MALLOCH-BROWN: Over time that's going to change. But the whole issue here is not just to give people a sense their vote is secure and will
count, but to make it as easy as possible, to make it then - make it as accessible as possible. To do it in the shopping mall, --
QUEST: Right.
MALLOCH-BROWN: -- to do it from home.
QUEST: But -
MALLOCH-BROWN: Do whatever it takes to get participation rates up.
QUEST: You, sir, are - I mean - your name is well known in these circles. Your - you have a reputation that is gold-plated, so, sir I ask
you - putting your name to a venture like this, you must've had to think twice or at least three times before you looked at the reputational
possibility for damage.
MALLOCH-BROWN: Well look, I kicked the tires hard but, you know, for me the fact is I have spent my whole career trying to find ways to apply
technology to development solutions, trying to find ways to bring the private sector in to development solutions. And above all, as I say, to
kind of enfranchise and empower poor people around the world. So for me, this was a kind of, if you like, a perfect triangle - risk certainly but
from my point of view this is a big step forward in terms of global empowerment if I can use that rather grand term for a commercial venture.
QUEST: Commercial venture nonetheless, we'll - -when you've got results, we'll have you back on the program to justify the profits or the
losses and then see how we do. Thank you, Mark, good to see you tonight, sir.
MALLOCH-BROWN: Thanks, Richard.
QUEST: The price of gold rose by about 50 cents an ounce today. Gold. It's the asset people have always turned to when they're concerned
about possible threats to wealth. In some cases of course it's the last refuge of the bankrupt investment. Now, though, gold is getting harder to
find. The miners are going further, they're digging deeper and it's all in pursuit of this precious metal. This metal that is elusive, that some
people worship and others believe is a complete and utter waste of time. CNN's Jim Boulden explains.
(BEGIN VIDEOCLIP)
JIM BOULDEN, CNN INTERNATIONAL CORRESPONDENT: You see few workers 350 meters below ground here in this gold mine, 125 kilometers inside the
Arctic Circle.
Male: An efficient mine is a mine where you don't really see much people, you see big machines working alone like this one here.
BOULDEN: Yes. Much of this work is now done by machines - really big machines.
INGMA HAGA, VICE PRESIDENT EUROPE, AGNICO EAGLE MINES: They're all quite automatic so the operator, he just plugs in the program, he puts
that into the machine and he may start the machine and it operates on itself. Maybe some type of move to the case where everything will be
operated from surface. We are not there yet but maybe one day.
BOULDEN: This mine is owned and operated by a Canadian Company, Agnico Eagle which is very familiar with mining in tough environments.
SEAN BOYD, PRESIDENT AND CEO, AGNICO EAGLE MINES: We're finding that we have to go further afield to find quality ore deposits. The easy stuff
has been found now. You look at the industry average - gold grade is a little over 1 gram per ton. And so the gold reports in minute particles.
As a result of that, you're having to move much more rock that you used to, to get the same amount of gold.
BOULDEN: It's a laborious process using chemicals to extract tiny particles of gold. The product has been broken using the grinders, but
still not small enough to extract the gold. So they go back into the grinder, they broke it down using these very heavy balls. For security
reasons, we're not allowed anywhere near where the gold is formed into bars. It's not even clear how it leaves the site. But when it does, much
of it heads into secure vaults, stored as physical gold or used as jewelry.
BOYD: Shanghai has built a gold exchange over the last dozen or so years. They've just opened it up to international players. Their goal is
to make that the largest physical bullion market in the work, and that's a sign that the market continues to move to the East. I don't think gold's
going to go away. I think it's still has an important role to play in a number of areas. Demand is continuing to grow in a part of the world
that's growing population-wise and is growing from a wealth perspective.
BOULDEN: The Kittila Mine is expected to remain open until at least 2036. The goal - extracting more than 5 million ounces. To achieve that,
they'll need to take this mine down to at least 900 meters below the surface.
BOYD: It's growing as it goes deeper, which means more investment in infrastructure - more investment in tunnels and equipment. But as we move
to the north, we seem to be getting slightly better grades, the deposit tends to get thicker - that helps us and helps the economics as we go
forward.
BOULDEN: There are other industries here in Northern Finland - winter sports/tourism being the main drivers. But for now, local authorities are
using the tax revenue from the gold mine in order to build up the tourism industry. For that one day when the gold runs out or when it becomes too
expensive to mine for gold.
(END VIDEOCLIP)
QUEST: Argh is the new meaning to that phrase, "There's gold in them there hills." When we return, a Twitter executive accidentally made a
private tweet public. May this be the original mis'tweet'ment. He revealed, but what did he reveal about Twitter's emanaia (ph) activity.
(RINGS BELL).
(COMMERCIAL BREAK)
QUEST: You thought had problems using social media. Well the chief financial officer - the CFO - of Twitter apparently has trouble of his own.
And, yes, it's trouble using his own app, Twitter. Anthony Noto accidentally tweeted what was supposed to be a private message. But in the
process, he could well have revealed who Twitter is about to make an offer to buy. This is what he tweeted, "I still think we should buy them
(LAUGHTER). He is on your schedule for December the 15th or 16th. We will need to sell him - I have a plan. Noto's tweet was quickly deleted, taken
away although it was in the Twitter-verse long enough to kick off speculation over the company that he is talking about. CNNMoney's digital
correspondent Paul LaMonica is with us. We have much to get to, sir. Which company -
PAUL LAMONICA, CNNMONEY: (LAUGHTER).
QUEST: -- is he talking about?
LAMONICA: I wish I knew, I wish I could tell you. It is impossible to know because, one, we have no idea who Noto was tweeting at - was it CEO
Dick Costolo, someone else in his department? What I found interesting from that tweet, though, is it seems like someone that doesn't want to be
bought. As he said, "we still should buy them," "We need to sell him." My guess is it's some private startup because that what Twitter has
historically purchased - not big, splashy deals.
QUEST: Everybody's looking at their diary to check who's seeing - who's available - who's not available - on December the 15th. How does
this sort of thing happen? What did he do? Did he send a general tweet when he meant to send a DM? Do we know?
LAMONICA: That - yes, -- that seems to be the case. I mean if he was just intending to send a direct message to a colleague, unless his Twitter
account gets hacked, that shouldn't have shown up. Clearly, this was a mishap, and it's sort of amusing because he's the CFO of the company and he
doesn't know how to use his service. You know, so make fun of you - make fun of him - for that if you want. Now, a lot of people are but I don't
think that he was clearly really intending to make this public.
QUEST: Right. I mean, he did the Twitter equivalent of reply all. But in this case, he replied all to the entire Twitter universe.
LAMONICA: Right. And as we know, just because you can delete a tweet quickly doesn't mean it's really gone. All it takes is for someone out
there watching to do a screen grab and then, lo and behold, it is out there for everyone to see.
QUEST: Is this worrying that somebody like this can't use it? Or - fun for the rest of us who all sort of can never work out what
notifications and what DMs are and all those things. Or is it just incompetent and just embarrassing for Mr. Noto?
LAMONICA: I think it is definitely more of an embarrassment. I mean, he's clearly - he's the CFO, he's the numbers guy. If he was one of the
tech executives and he didn't really know how to use it, that would be more alarming. But I think he will definitely a lot more careful any time he
sends the next message that should be a DM.
QUEST: Paul, good to see you -
LAMONICA: Thank you.
QUEST: -- what are you doing on December the 15th and 16th?
LAMONICA: I am not meeting with Twitter.
QUEST: You sure? You sure?
LAMONICA: Yes, yes.
QUEST: You sure?
LAMONICA: I don't want to be bought by them, I can assure you of that.
QUEST: (LAUGHTER). We haven't got time to delve into that one. That's a subject for another day. We're going to have a profitable moment
after the break.
(COMMERCIAL BREAK)
QUEST: Tonight's "Profitable Moment." Raphael's "School of Athens" which of course was referred to today by the Pope in his speech to the
European Parliament. Supposedly depicting heaven and earth, it's been used to suggest Europe, the good and the bad. Unfortunately, from Europe's
point of view, they got an absolute scolding from his Holiness. It doesn't matter which way you slice this, to call Europe a grandmother who's no
longer virile and fertile - to say that Europe's haggard, elderly, lost its way. And yet Europe still tries to put the best face on it - an economy
that's slow seemingly, immigration problems all over the place. No wonder it took the leader of the Catholic Church to give them a jolly-good
scolding. Will they listen? That of course is the question. Or will they still prefer just to say, `Pretty pictures' at the Vatican. And that's
"Quest Means Business" for tonight. I'm Richard Quest in New York. Whatever you're up to in the hours ahead, -- (RINGS BELL) - I hope it's
profitable. Join us again tomorrow.
END
