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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Broadsheet

The Broadsheet: February 11th

Kristen Bellstrom
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Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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February 11, 2016, 7:45 AM ET
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Good morning, Broadsheet readers! Carly Fiorina calls it quits, Theranos gets a deadline, and Aussie legislators can now breastfeed in the chamber. Have a terrific Thursday.

EVERYONE'S TALKING

• Out of ink. After a dismal showing in Iowa and New Hampshire, Carly Fiorina has ended her presidential campaign. In a Facebook post, the former Hewlett-Packard CEO addressed female supporters directly, saying, "Do not listen to anyone who says you have to vote a certain way or for a certain candidate because you're a woman." I can't imagine who she's referring to...  Fortune

ALSO IN THE HEADLINES

• Walgreens wants answers. Walgreens has given controversial blood-testing company Theranos 30 days to fix problems found by federal inspectors in its labs. The drug store chain, which is Theranos' main retail partner, is threatening to end the relationship if the Elizabeth Holmes-led startup doesn't comply.  WSJ

• Better believe it. About one in ten Swiss men don't believe that men and women should be paid equally for equal work, according to a survey by Glassdoor. Also enraging: One in four American men say they would work in a company that doesn't pay male and female employees equally. Fortune

• Mylan wants Meda. Pharma giant Mylan, led by CEO Heather Bresch, has agreed to buy Sweden's Meda for $7.2 billion in cash and stock.  WSJ

• Vetting for vets. The House passed a bill that would require the Department of Veterans Affairs to examine whether its mental health and suicide prevention programs meet the needs of female veterans.  LA Times

• Sore over scores A new study finds that American women tend to have lower credit scores than men—despite having less overall debt and lower credit card balances. Fortune

• Like father, like daughter? Keiko Fujimori, the daughter of former Peruvian President Alberto Fujimori, appears poised to follow in her dad's footsteps, with a commanding lead over her 18 rivals. Bloomberg

• AOL to Antarctica. Jean Case, a former AOL executive and CEO of the Case Foundation, has been named chairman of the National Geographic Society—the first woman to ever hold the position. Fortune

MOVERS AND SHAKERS: Lisa Borders, a Coca-Cola executive and former president of the Atlanta City Council, has been named president of the WNBA. Whitney Bouck, former SVP of global marketing at Box, is now COO of electronic signature software company HelloSign.

IN CASE YOU MISSED IT

• Forza, Fiorentina! While most EU countries field a number of pro women's soccer teams, Italy has just one. Now, that club, Fiorentina, is hoping to bring about some long overdue changes to how the country treats women's sports. New York Times

• Aussie rules. Under new rules, women in the Australian House of Representatives members can breastfeed in the chamber. Unfortunately, most of the world's female lawmakers don't have that option. Broadly

• Not-so neutral. Swiss bank UBS is reviewing its compensation to look for—and address—instances where male bankers are paid more than their female colleagues. Fortune

• Golden listing? Alex and Ani, the Rhode Island jewelry company founded by Carolyn Rafaelian, just made an acquisition that may be a precursor to an IPO.  GoLocal

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ON MY RADAR

Chipotle ordered to pay $600,000 in gender discrimination lawsuit  Eater

All the sexist ways female characters are introduced in scripts  Time

Student debt makes college more expensive for women  Bloomberg

The crisis facing America's working daughters  The Atlantic

QUOTE

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