The Bezos Email Response Amazon Employees Fear: "?"

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Oct. 10 (Bloomberg) -- On today's "The Roundup," Bloomberg's Trish Regan, Olivia Sterns, Adam Johnson, Matt Miller and Julie Hyman wrap up the day’s top market stories on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Time for the roundup.

For tomorrow's open, i have the first one.

After three years of on profitability, meredith whitney has deregistered her brokerage unit.

She built her own unit out there her 2007 call on citigroup.

They featured her as the woman who called the meltdown but her prediction of a 2010 muni bond disaster did not materialize and she is now setting up an investment on.

That 2010 call got a lot of attention.

A lot of people were pretty scared about it.

She had a good track record.

It seemed to make sense at the time.

Artemis municipalities get their money yakker real estate taxes.

-- how do most municipalities get their money?

Real estate taxes.

A lot of municipalities are really out of money but the magnitude is nothing close to what she talk about.

She underestimated the extent of government intervention.

They were bailed out one by one.

If you were someone like meredith, you wonder if there is preference to come out with these big, bold comments because that's how you make a name for yourself.

Citi was the first time she had made a bold call because someone explained it all in michael lewis's book, what would happen and she made an incredibly bold call and people thought it was going to be dead wrong and she was bang on.

She wanted to do the same thing again but it had to be bolder, a headline grabber.

It was.

Is great if you are right.

The people on the street love to hate this woman.


We begged to have her on every show and so does every other financial network.

People pay attention but in terms of professionals on the street, she's not the most popular.

Paulson is m&a similar to commit.

-- paulson is in a similar predicament.

He is bleeding because of his gold desertion.

She shut down the broker- dealer but she is staying in a business managing money.

Bloomberg is this week reporter brad stone with a new book out called the everything store, jeff bezos and the age of amazon.

What an especially interesting tale.

The ceo jeff bezos has a very public e-mail address.

Not only does he read complaints but you forward them on.

It is a one character addition.

What's going on here?

He sends a one character e-mail to people and it puts them in a tailspin as the try to figure out whatever is happening.

What you make of that management?

It sounds like he's in charge.

Imagine you get an e-mail from the boss that just has a question mark in this.

Figure it out, fix it, and come back to me with details of all of the above.

It also talks about how he fosters this sort of environment of conflict because he thinks that way you get things done and you get innovation, people banging heads.

Historically, leaders that the side fear in striking terror into the hearts of your followers, cos nosasa nostra, they tend to finish poorly.

They say this type of intensity is pretty typical of technology ceos.

Steve jobs had a reputation for firing employees in the elevator and the former ceo of intel in one meeting with an employee, allegedly, made him cry.

Do you think they can get away with it because there are more financial incentives?


They are willing to put up with a little bit more.

As opposed to wall street, they are not the founders of the company, people there from the very beginning.

You think of amazon and you think of jeff bezos.

They are very tied into what the company is so perhaps that is why there is also more to follow.

Wall street is just different culturally.

Very, very different versus silicon valley.

You guys wear ties.

What a concept.

You see a lot of parallels in this article in the way jeff bezos runs amazon.

You're being a mean and nasty person and it works out well.

If it's your own company.

Everyone can read about that in the bloomberg businessweek magazine coming out this week.

Another industry with a lot of hotheaded ceo's, movies.

If content is king, digital distribution might be the queen.

He says netflix is our patron saints when they provided them with 300 hours of new content earlier this summer and they said there's not a minute of the day that he does not think about how to exceed the expectations seeing even more opportunities in digital distribution.

He had nothing to do with "breaking bad," he made headlines by offering to pay 75 million dollars for three more episodes.

His goal, to distribute them online with a pay for view model.

If you could actually put them out come of there is enough demand.

It seems like he floated it as an experiment.

He wanted to see if people would pay for content and not model.

Think about the "breaking bad" do not extend the people who watch the series.

-- think about the "breaking bad" fanatics.

Do you think people would not pay?

That is why we keep saying content is king.

Talk about someone else being andnot a nice person, nickel and diming.


I'm just going to say it's bad karma.

Are you a socialist now?

It doesn't make any sense.

I do want to pay for a three to six minute scene.

Someone else who wants to see it will pay.

How do you price that?

$.50? one dollar?

It's interesting on two levels because not only is this a sign of studios shifting their priority but also to the internet.

Dreamworks also added a teen network on youtube.

Is that how you found out about wofford?

[laughter] i'm going to move on to saving the planet.

This is my bleeding heart theme today.

Conservationists are using night vision goggles, drones, and google earth to help stop poachers.

They are facing the most serious threat from poaching in almost a quarter of a century and the risk here is elephant.

They are sold for as much as $1000 per kilo.

Google earth allows conservationists to track conservation and night goggles keep anaya on them in the darkness.

The drones track the poachers and it turns out the sound of incoming drones frighten the elephants and probably poachers as well.

Drones doing good work.

I have always had this romantic notion of stopping poachers.

Hiring guys to do that down in south africa.

But i guess this just takes it a step or there.

This is what dreams were -- d reamworks should be getting into.

The furor on panda cams being turned off.

This text has been automatically generated. It may not be 100% accurate.


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