mark: i mark halperin. john: and i'm john halloween. with all due respect hillary clinton, it's great to hear your voice. she speaks. after 40,000 minutes, hillary clinton looked at the press today in cedar falls, iowa. she gave answers. there's no time to spare. let's go toward big while of hillary answers. number one, her state department e-mails. the state department propose they would all come out at once in january. today, federal judge said no, they have to come out on a rolling basis starting sooner

than that. the question for hillary, do you want them out sooner or later? hillary clinton: i have said repeatedly, i want those e-mails out. no one has a bigger interest than i do. i respect the state department they had their process they do for everybody. but anything they might do to expedite that process, i heartily support. john: let's be fair to secretary clinton. this is out of her hands. she gave to the state department and they have the control of the e-mails. did she help her cause politically today with this answer are not? mark: i think she did in the sense that this is one place where she has been on the side of public disclosure. conspiracy theorists and scrutinizes my say the democratic state department is trying to do her a favor by having them come out in january. but i think based on the judge's order and based on what she wants, i think they probably will come out sooner.

john: the whole heart of this e-mail story that is problematic for her is the expungement of a bunch of e-mails that she deemed personal. she got rid of those. these are the ones she turned over. so it makes perfect sense either the once she is happy to see come out because you're a nose is nothing damaging in the -- she already knows there's nothing damaging in them. mark: the hurt is the react -- reduction. the reason they are delayed is they have to scrub them. that is where i think there would be questions about whether she will leave privacy rights. john: if i were her they think the lack of competition she's facing in the democratic nomination, i would want them out sooner. i would want them out tomorrow. why not get this all out? mark: and maybe in her interest and have them come out in january. there's so much about the primaries and caucuses that they cover up. while that is not exactly what i meant.

on tuesday. as in sid blumenthal. why he was working deals in the country and working for the clinton foundation. the question from the media in the last -- press conference was can you explain your relationship with sid blumenthal? and harking back to the lincoln that room days, should americans expect if you are elected president, you will keep long time how the round -- hal's around? >> i have many friends. i think it is important to keep your friends before you were in politics and understand what is on their mind. he has been a friend for a long time. he sent me unsolicited e-mails that i have passed on in some instances. i see that as part of the give-and-take. john: she does have many old friends. but given almost everybody in obama world thinks he is troubled, a lot of people in

hillary clinton's world think that, why is she standing by her man? john: i know we will -- that -- dissect they answer, but shady would be a kind description of sidney blumenthal. but there are two things about the clintons now. they like people who work in the dark. and they like loyalty. he has been loyal to her and they like the masters of the dark arts. have an insatiable appetite for that. they will never lose sydney. mark: he is someone who has been leah. in this case, a lot of democrats. a lot of democrats who distrusted him look at what he did in peddling stuff about libya, which was in line with his business interests. he's not only one who did it. there are plenty of people who talk to governments of parties without business interests. this is bad news. but she stood by him absolutely. the question that was not asked did you know he had interest?

if she knew before and he was sharing information, bad. if he are sending this e-mail, she should cut him off. john: this question was not well ask. we went over. incoming, question number three. hillary, you're in the tip top echelon of income earners. how do you expect every day americans to relate to you? hillary clinton: obviously bill and i have been blessed. we are rightful for the opportunities we've had. but we've never forgotten where we came from and the kind of country we want to see for our granddaughter. we want to fight to make sure everybody has the same chances to live up to his or her own god-given potential. i think most americans understand that the deck is stacked for those at the top.

i am running a campaign that is very clearly stating we want to read shuffle that -- reshuffle the deck. john: why is she so much better answering that question than the previous other questions? mark: one way hillary clinton is misunderstood, is she's running for president because he wants to help people. as rich as they have become, she understands the realize of real people. and the struggles of middle-class and working people have. when she is, not defenses -- defensive, she answers very well. john: also, very well practice. she has messed up before. she has been turned off before. if she was not right, she did get the style right, i would be ready to give up on her as a candidate. mark: she has become a very rich person, but she understands the last of people in the country. and she has dedicated her life to it.

and the haters who hate her, say negative things but they don't get that that is what she has. john: no silver spoon in dartmouth. a fourth question. mark: the question was the regret the way the clinton foundation handled foreign donations while you are secretary of state? hillary clinton: i'm so proud of the foundation. i'm proud of the work is doing. it attracted donations from people organizations from around the world. i think it goes to show that people are very supportive of the life-saving and life-changing work it has done here, at home and elsewhere. i will let the american people make their own judgment. mark: and that response, was she spinning or speaking her heart? john: spinning and speaking her heart simultaneously. i think the bottom line is they think the foundation does good

work. and the way you could work is you have to get your hands dirty. in the end, the ultimate good against the bribing us, the good triumphs over the grumpiness. that's how they feel in their hearts. but it's also a political answer. mark: and she didn't address the sloppiness. i think the best thing about the answer is the calmness of it. that is more like the real hillary clinton and not the fake hillary clinton. not as good as the previous answer, but still pretty strong. but the foundation questions are going to keep question -- coming. john: and you have to put a little bit of fault on the reporters. they have been waiting for one month to get the questions in, and they ask questions -- asked questions that would be set up to answer in a simplistic way and be able to appeal one off. finally, question number five.

it came from an everyday person. at a so-called roundtable asking where hillary stands on tpp. hillary clinton: i have said i want to judge the final agreement. i have been for trade agreements and against. i have tried to make the evaluation depending upon what i thought they would produce. that is what i am waiting to see. john: later in the day, our colleague got asked elizabeth warren about this. she took a pass on hammering hillary, even though she has continued to equivocate. my question, is she ever going to take a position on tpp or continue to do this thing she is doing all the way through 2016? mark: it's clear to me she leaves this exclusive and say well until there is a final thing, she will not weigh in. but clearly people are weighing in without a final deal. it is a huge.. -- a huge dodge.

john: i don't mean to be hugely critical of our colleagues in the press, but you can ask this different way. would you vote yes on fast track or not fast-track? she couldn't answer. that's not how it works. not ask the question that way. mark: this is an inside thing. this is not the 40% and percent -- 47%. i think it's unfortunate but i think she has dug in now. unfortunately it would be nice to see where she stands. enough hillary clinton for the moment. the man with the milwaukee bucks and a wallet full of rocks. mark is here with us after this. ♪

mark: our guest tonight is a

clinton person, obama person and the co-owner of the milwaukee bucks. he is also founder of avenue capital group. mark lazaray, thanks for coming in. who do you like in the finals, and why? guest: i think it'll be golden stay in cleveland. i'm a big fan of golden state. i think there are great team players. mark: who covers lebron in the final? guest: i don't think anybody can cover lebron. it's a team sport. i think at the end of the day golden state should win. john: last week you hosted one of mrs. clinton's first fundraisers. a lot of people in that room are members of the 1%. there was a story in the new york times were they coded someone who had been at a meeting where she said she was interested in economic policy that involved toppling the 1%.

i know a fair people in the donor world who did not like that story very much. was there much tension in the room among new york donors? i they happy with her? -- are they happy with her? guest: not at all. i think it was a great fundraiser. it was oversold, so we had more people who wanted to come then could fit in our house. i thought she was fabulous. everybody loved her. i thought she gave a great speech when she was there. it went very well. mark: do you think there will be any issues? she is clearly moving to the left on economics, which is not where the donor class is. will that create conflict? guest: i don't think so. she is moving a little bit to the left, and i think that's fine. people were giving money to her understand that. obviously some people have some

issues. i think the vast majority won't have issues. john: one of the things that happened in the last cycle, it was harder for president obama to raise super pac money. a lot of rich democrats don't like to give money to them. people talked about hillary clinton re-think $2 billion plus. is she in danger of not being able to raise as much money as the other side? guest: i think the democratic super pac will raise little less than the republican one. i don't know what the numbers and at being. i think you'll be less. i don't think the campaign is trying to raise 2 billion. i think it's closer to one billion, somewhere around a billion plus. but you will raise money on the super pac. i don't know what the amount will be. mark: but you think hillary clinton will go into the election being outspent? guest: it is what it is.

i think if they get outspent, then they get outspent. i think we will raise quite a bit of money for her. i think she's a phenomenal candidate. i think people will get more and more excited and it will raise more money. it also depends on who that republican nominee is. it's kind of hard to read a lot of money when you don't know who you are running against. john: do you have a sense from president clinton about how he feels right now about her prospects generally and about who he thinks will be the toughest opponent she might face? guest: i think he views her prospects as being very good. if he had to choose, he would tell you she is the best candidate out there. it is a biased view, but i think that is definitely it. i think as to who would be the best nominee on the republican side, i think jeb bush is going

to be very strong. i think walker will also be strong. very different. rubio obviously. but i think at the end of the day it's either going to be pushed or water or rubio. mark: single biggest personality trait difference between president clinton and president obama is what? guest: i haven't thought of that. i think president clinton just loves being with people. i think if you are with resident clinton, he just adores being and campaigning and talking to people. i think president obama likes it, i wouldn't tell you it's his reason for being. john: just to come back to bush. a lot of people in the new york donor world in 2012 there were a lot of people in your world who did not look at it romney has the enemy.

if not, we prefer barack obama but it wouldn't be a horrible thing it romney was the nominee. do you feel it romney were to be president, is very similar feeling among new york donors among jeb bush -- about that bush? with a prefer her to him or he would be all right? guest: i think there's a view -- you definitely want hillary to be the president. and i think the vast majority of people that i know absolutely support her and think she would be phenomenal. i'd think -- i don't think jeb bush would be viewed -- i would look at him and think he would be reasonable and make a good resident. i think i would look at it very differently with other candidates. mark: go bots. thank you mark. after the break, the top one reason we will miss david letterman after this. ♪

mark: tomorrow night david letterman bids farewell. john: he also got all the potus and would be potus. he pieces altogether and we sent will lead to reminisce. >> one cbs was attempting to elude david letterman in 1983 they did not appeal as a comedian but as a broadcaster. they wanted a building. this building. to tie him specifically to the history of television. he was a brilliant comic. more than anything a creature of television. at a time when he watched a man show every night silly because you trusted him. -- simply because you trusted him. when politicians go into television they sell something.

they invent the best possible version of themselves. if you do not bring your a game when talking to dave, you could get burned. at john mccain. >> he had to cancel the show because the economy is exploding and he had to cancel. and you know john mccain is the running mate of sarah palin. you are aware of that. >> dave was constitutionally incapable of being dishonest on television. to sell something family to sell it. david was dave and could only be dave. like his audit -- idols, he took a step away removed away from everything. there was no character or he was just dave. >> sit down and shut up.

>> he was just there, wry knowing, being an actual person in the middle of all the liars haired he was off. he was a bash although liars. he was us. as he grew older, he got a reputation of being mean. but that was it quite right. he just didn't suffer idiots well. you believe dave because you thought dave every night and he never changed. he was always being honest. afterwards he just went home to connecticut and never did any schmoozing. he had nothing in common with those people. this gave him an unexpected gravitas. it allowed him to interrogate politicians in powerful ways. my favorite was when he destroyed rod blagojevich during his bizarre media to her. his disdain is palpable. >> why exactly are you here?

honest to god. >> i've been wanting to be on your show in the worst way. >> well, you are on in the worst way. >> he could cross the aisle as well. remember when george w. bush's fault was likable and real rather than clean -- coying? dave grilled him. >> when that happened, i said this is the only honest moment of the campaign when you call that guy an a-hole. >> have you heard president obama talk more in depth with more feeling about race relations during his entire presidency than he did about baltimore on one of letterman's final shows? president obama: too many communities do not have a relationship of trust with the police. if you have a handful of police not doing the right thing, that

makes the. tougher for all the other police officers. it creates an environment in the community where they feel as if rather than being protected and served, they are the targets of arbitrary arrest. our job has to be to rebuild trust. >> most famously, letterman addressed the nation in one of the first telecast after september 11. many broadcasters could not even attempt to find their place, but no one understood the moment and what it meant for the city of new york better than dave. 14 years later, is just as true and that and perfect. >> courage, as you might know, defines all other human behavior. i believe because i've done this myself, pretending to be courageous is just as good as the real thing. >> we don't watch television for broadcasters anymore. the two jimmy's have shown in

their amiable war, it is more about youtube hits and reviving a fun and happy place for celebrities to be goofy. we don't value his adulthood as more. he is leaving at the right time. as funny as letterman has always been, i'm going to miss dave the broadcaster the most. he looked for it to his president -- president interviews for legitimate conversation. i am going to miss the constant dave. now it's almost over. david letterman has been the signature organizing principle of american pop cultural understanding for 33 years. and to be frank with you, i have no idea what we are all going to do when he's gone. mark: we don't know what we will do either. we will be right back. ♪

john: we are live 20 47 on bloomberg politics.com. tomorrow the great mary matalin joins us live. we are on twice. until tomorrow sayonara. ♪

alix: we are moments away from the closing bells. this is bloomberg market day. i'm alix steel. you are looking at markets closing on a pretty uneventful stock day. the s&p relatively flat with the dow up by 15 points. the nasdaq is definitely the weaker of the day. overall you have the energy sector lien on the sec and oil prices continuing to