>> welcome to "lunch money." i am adam johnson. let's take a look at the menu. ford goes global with the new mustang. what is the roadmap for alan mulally? in sports, new york's losers face off. it is a hard sell. alan greenspan says bitcoin has bubble written all over it. and two kings of rock -- their stuff is on the block. ford is unveiling its 50th anniversary of the mustang.

that is happening today, all over the world. this is the first time that they will sell outside of north america since 1964. over one million people on a mustang in the first two years. new features on this year's version -- lower roof, wider wheelbase, and a more efficient engine. that is a first since 1986. what people really want to know will ford's ceo alan mulally become the next ceo of microsoft? we get a chance to hear from the horse's mouth, along with some breaking news. >> you told the board of ford that you will stay at the company. are they asking you again to renew your commitment? >> i love serving ford. i have no changes planned. >> let's try again. >> if i get it next fall, alan, can you tell me that you will still be in the ceo seat?

>> i love serving. >> you have always told me in the past, you will stay until the end of 2014. >> i love serving ford and there is no change in the plan. >> that is the company line. good for ford, bad for microsoft. people really like alan mulally. >> he has done an amazing job. when i brought him in, there was tremendous skepticism. i remember one reporter said to me, you just signed the death warrant of the ford motor company. by bringing in a non-car guy. he has done a wonderful job. part of what we have done is build a really strong team. as good as he is, we knew he was not going to last forever. >> i know alan and he is a terrific leader. he excites people. the question that you have to ask -- does technology fit? does it stretch beyond his capability?

>> he says that he expects to stay at least through 2014. he is dedicated to ford. we will continue to move forward. >> what mr. mulally and the ford crew really want to talk about is the new mustang. this is earlier this morning. >> it represents the heart and soul of the new company -- the company at its best. it is a really big day. 50th anniversary and we could not be more happy to be presenting this. the mustang has universal appeal. to put it into perspective, the mustang has over 5.5 million followers or fans on the spot. over half of them are outside of the u.s. in the four corners of the globe. it has universal appeal. it ignites that sense of freedom and optimism. it is very consistent. it transcends genders, demographics, and nations. >> alan mulally says it is all

part of the one ford plan that was put into motion seven years ago. >> we decided to provide best in class vehicles. also, to make something affordable. >> which was the idea of the pony car in the first place. >> in 1965 at the world's fair, they introduced the first mustang. it changed the auto industry. not only was it a great sports car -- it was a great driving car. >> you could not get in europe. i always wondered why. >> now, we are designing our vehicles to serve all of the markets. the thing about the mustang behind us, left-hand drive, right-hand drive. everybody can now enjoy the mustang.

>> i instantly thought of this as the culmination of your one ford plan. you started designing it when you got there and now it can be sold around the world. another one of your legacies has been to boost fuel efficiency without losing power. talk to me about the four- cylinder engine that provides more power than the v6. >> we talked about the eco boost engines. one of the options -- three different powertrains. one option is a four in-line cylinder ego boost. you get all of that wonderful torque at the lower rpm. it has a 20% improvement in fuel efficiency. >> how many mustangs do you want to sell? >> we will not share -- >> you sold one million in the first two years. you sold almost ten million altogether. >> the market will decide how many are sold. we are so excited about the response. this is what the world has wanted for many years. now, we can deliver this mustang around the world.

someone said the other day, the mustang has now been let out of the corral. >> as an engineer, you're an engineer, right? people were falling all over themselves about the live axle. the one pole that connects the two wheels. the mustang was the last sports car to have that. people could not believe what a great job he did. now it has independent rear suspension. that is like water cooling a porsche. it is unheard of. >> not only do we get to do independent rear suspension, now you can select the ride and performance that you want to have. you can change that to meet your desire for that day. >> have you driven one? >> i have. it is absolutely exhilarating. the whole idea of the mustang was that freedom and personalization.

you get the car you want and you can afford it. it is a great drive. >> is it a margin driver for you guys? i said is the most important car since the model t and he said what about the f-150. >> i think that is the point. you look at this lineup now. that family now, from ford, covers all of the market segments, from small to large. that mustang is right in the middle that family. it is another member of this complete family. >> what do you think about your $65 billion market cap? >> i think ford has come a long way. the most important thing that we do is to stay focused and make the best cars in the world. we are growing our revenue and our operational efficiency. >> when can i get the keys to one of these to drive it? >> i know you have been looking at it carefully. we will get you into one next

fall. >> next fall? >> the color of your choice, automatic or six speed. >> i would definitely go with six speed. >> what color are you going to choose? >> i like this grey, but i like the red also. >> so, who owned the first mustang? >> she was 22 and got her first job as a teacher. she wanted a convertible. he said i have a new one in the back. he took her to the back and took the cloth off. it was the 1955 mustang. he sold it to her and she drove it away two days before it went on sale. she was driving along and people were stopping her. everyone wanted to see it and she felt like a movie star. that captures the essence.

>> while ford is going global, gm is going back. it is trying to focus on its european brands. it could be a risky strategy. here is a bloomberg exclusive. >> i think the u.s. government has been selling gm for a long time. they're almost out. there were prohibitions put on the management by the u.s. treasury. it made it government motors. it needs to be general motors again. it is a fascinating time and a catalytic time. i think it will release management to put into place demands and do something that is shareholder friendly. >> you do not think that up to 40% is a lofty goal? >> i think it is probable. i think that the first 25% is something that will happen in the near term. the rest will probably happen

over the next year or two. >> are you going to take an active stake? >> as of right now, just passive. >> gm is up well ahead of market. we will hear more from mr. bass and the investment he is betting against. the former fed chief, alan greenspan, says he knows a bubble when he sees it. last night was the annual lighting of the rockefeller christmas tree. the tradition goes back to 1933. if you missed it, enjoy. ♪

>> on wall street, kyle bass made a half billion dollars. that was before the housing

collapse. he is betting against a different sector. >> the european banks are good thing to bet against. they have not re-capped themselves. there are 3.5 times better than the american banks. you have industrial production rolling over for the last year. pair that with a big turnaround. there was a qe induced turnaround. sometime at the end of 2011, ip started to rollover. i think it is a very tenuous security. we like vodafone. >> do you want to short them? >> yes. >> any specific? >> no. >> herbalife is one name that he would talk about during this exclusive interview with stephanie ruhle. investors have taken the opposite sides of the company.

bill ackman calls it a ponzi scheme. carl icahn has defended it. count kyle bass among their believers. >> when a particular short seller released a report, it had a kind of abnormally large negative effect. i think that this business is one that is fascinating. it generates significant cash flows with no debts. it is growing. when you have this large cohort of the unemployed, that may be unemployable forever -- there is this new normal in a natural unemployment rate. when you look at these countries with 50% or 60% youth unemployment, there is an interesting percentage of young people who are in these businesses. that may be where this growth is coming from. from a timing perspective, this all played into something that fits into a macro ideology as well. it is interesting.

i think that we are catalyst driven investors. in this case, the catalyst is coming in the next 60 days. i think they will have their three-year audit redone. remember why they have a three- year audit? one of the auditors was insider trading on their equity. there were allegations of improper audits. you have a re-audit being done. in three years, they will be able to access the capital markets. i think they can borrow 2.5 times the free cash flow at live or plus 300. maybe even 250. they will be able to borrow $1.5 or $2 billion and buy back a lot of stock. >> if we do not see their audited financials in the next two months, will this change your tune in any way? >> it will. they have said numerous times that it will be done by year- end. >> so, by january 2. what if they do not?

>> that depends on the situation going into january 2. you can hedge yourself pretty easily these days. you can cap your downside and still leave a significant upside. that is where we sit today. >> so, there are some big-name investors. is it necessarily right to call these guys into battle? >> i do not see myself as a great investor. i try to win more than i lose. there are guys out there who are much better than we are. there are firms that do much better than we do. i think we have a great process. i think that we will prevail over time. i do not know anyone who doesn't do a lot of work. they end up getting caught. the market will catch them if they do not do a lot of work. if you haven't done the work, your emotions will take over.

when your emotions take over, you lose everything. >> is it hard to well now? you have an extraordinary investment process. you have an extraordinary reputation. investors want their return and they want it tomorrow. how does that affect the way you sleep at night? >> what is fascinating is that the bigger investors -- whether it is pensions or big family offices or bigger institutional investors, they give you plenty of time. it is the smaller, more fickle groups of investors that look for returns month-to-month or quarter to quarter. i am kind of ok with them leaving. if they leave because we have a bad six month stretch, that is one thing. if we violate the risk management ideology, then they should leave. but, if they understand what we are doing and why we're doing it and they leave, then they should leave. i think that we have a great -- that is the attitude that you have to take. if you do not, you will hegdge yourself into no returns. >> kyle bass has plenty to say about fannie, freddie, and a number of investments.

you can watch the entire interview on our website. you can also go to our app. kyle bass rocks at his job. so does the boss. we're going to show you the pieces that are selling at auction. but first, kobe's new kicks. the lakers star has a new line of shoes. will he be wearing them on the court anytime soon? we have the answers coming up next. ♪

>> the last time we saw the los angeles lakers superstar, kobe bryant, on court, he was

limping. that was during the playoffs. he had a ruptured achilles tendon that kept him on the bench. he has unveiled his ninth signature shoe. as for what we will see him and his shoes on court together, some expected it tomorrow. now, it looks like sunday, at the earliest. >> i will probably be wearing them, but it probably will not be on the basketball court. >> after so many years on court, we had to ask him what his dream team would look like? >> magic, myself, darrell russell, kareem abdul-jabbar, and larry bird. >> no michael jordan? ouch. we will have our full interview tomorrow. while kobe's return will likely be a sellout, another story for tonight's knicks-nets game. tickets are selling for less than half of what they were at the beginning of the season.

a combined record of 8-26. these teams are terrible. get it together. two tech giants are on the verge of joining forces. apple is dealing with the largest mobile carrier. and what is the fed going to do? we have thoughts coming up on "lunch money." ♪

>> it is not just mongolia's infrastructure attracting companies, the retail sector is seeing the arrival of international brands. we are easy to convert.

>> the games are fast approaching and the races on to market the world's best athletes. >> it is important for us to activate three the olympics. well, i will get my face on a box. >> big ten commissioner takes us inside the workings of the new system. >> we prove that we could get in the room and resolve the issues. >> meet the man who put up the cash to keep the kings in sacramento