>> "elf." i think i'm positive. david: you might be right. i love the "polar express." i will go with "elf" as well. what the answer is. the grinch. that was funny, good graphics on that one. $512 million when it was released. well look who is back with us, neil cavuto. >> the grinch. neil: i heard that line. let me write that down. we're focusing on market still looking for the santa claus rally, not materialized yet. we're still looking at some awful numbers on the year in case you're keeping track of this. the nasdaq is still down 33% on the year. can you believe that? it was down a lot more. just think of that. it could be even worse. it has to be going into today, down 20% own the year, a bear

market. the dow under 10% from where it started the year. there is a little bit more balance in the dow, toward less than the technology arena. we'll explore that, the backdrop for the economy. we have ha lot of special guests coming up including governor chris sununu of new hampshire. often mentioned as a possible presidential candidate. one of earliest donald trump critics republicans have to move on, given a lot of developments that transpired since. he was prescient on that. what does that mean going forward for the economy, could be the wind at present white house's back, or problem for republicans down the road. anyone's guess. susan li has been following the backdrop for this market and some other currents, even all the way over to japan. good to see you, kiddo. >> reporter: good to see you as

well. neil: are you back on twitter? >> reporter: no, still not on it. neil: really? >> reporter: do you even use it? neil: why do you assume? >> reporter: he still hates you. hate is strong word. loathe possibly. you're doing a badge of honor, journalist doing your job, finding the truth. neil: still suspended. >> reporter: correct. make you can do something about that. neil: i try not to interfere with your battles. report report the portfolio in your rolodex, you know the top guys. neil: not to digress too much. gets producers angry. the suspension thing, most everyone has been unsuspended. >> reporter: correct. exempt for two. it is myself. there is a business insider reporter who has been covering musk and tesla and both of us, you know, we just call balls and strikes. that is what we do. neil: do you think he gives up control of twitter?

>> reporter: i think people at tesla, investors at tesla are hoping that he does. neil: but he is not? >> reporter: i think he will give up control of twitter. he wouldn't launch the poll if he didn't know the response. neil: he said blue check people response the poll. >> reporter: he is moving the goalpost. suspended, unsuspended. it is a moving range. neil: all everyone talking about since the saturday show since you were on. i kid you not. must have gotten half a dozen emails on this? >> reporter: not tweets. i wouldn't know. i don't get to see it. i have no idea. neil: keep us posted. what have you got going. >> reporter: i want to talk about leadership as well especially with amazon, you interviewed jeff bezos in the past. we have apnew custodian jesse that took over. only second ceo of amazon. amazon is staring down the worst year since the 2020 bubble

burst. they're down 50% on the year. they're also guiding for the worst sales growth over the holiday shopping period in the company's history. they're laying off 10,000. one piece of good news this morning they avoided paying the european union fines by promising to change their business practice. so they won't scrape anymore data from third party sellers to benefit their own private labels which some said you shouldn't have done in the first place. they started the year with a first loss in seven. they are laying off 10,000. that would extend into next year. wouldn't you say it has been a pretty rough time for andy as you mentioned to you? took the over the job 18 months ago in july, taking from bezos. he was one of the first amazon employees. he turned aws into a money-making machine. there are whispers in the market, like iger being brought back to right the ship over at disney, there is talk if this type of stock performance

continues bezos might be brought back to head up amazon. what do you think? neil: i find it to be a very different case, you know. >> reporter: founder led. you talked to all the founders. steve jobs, jeff bezos. neil: i don't think there would be such an uproar call to get out. you're done. >> reporter: rough 18 months. same thing with bob chapek, rough two years on the job. jesse is much better liked within the company. neil: we'll watch. >> reporter: talk about something like bank of japan or is that boring for you? it is a big deal. neil: leading the way to it. right? >> reporter: shocking for a country been in deflation for 30 years. talk about bridges to nowhere, right? bank of japan shocked everybody. this is big deal. interest rates move trillions of dollars around the world. you saw a selloff in asia, takes

place, europe. there was a bit of a hiccup with this shock move for the bank of japan. rates have been negative, negative, in japan since 2016. you pay the bank of japan to hold your money. neil: what exactly? preference for different securities? >> reporter: also gave a range. it will be zero. interest rates will be zero. you can move up 50 basis points or move down 50 basis points. the pressure is to go up with the highest inflation we've seen in 40 years expected in november. so we're looking at 3.7% or so which is nothing compared to here but for japan, that has been at basically deflation, falling prices for 30 years, that is a big deal. neil: got it. >> reporter: the yen surged last night. neil: just on the notion it is going to go the route pretty much much every other major country has gone. >> reporter: we missed opportunity to go to japan for cheaper. neil: we did. great country. great, great country. not a fan of the food, me, myself. >> reporter: not a fan of the

food? it is the best in the world. never get bad meal, italian, japanese. it is absolutely true. there is no other country that has more three star michelin stars. neil: okay. >> reporter: do you see why i'm off twitter, right? neil: i'm suspending you from this show beginning now. all right. susan li. great seeing you, kiddo. the thread needle ventures founder is with me. before i get the backdrop, susan reporting about the bank of japan, it's a weird move. it triggered my interest, japan say way of the world is higher rates, without saying way of the world with higher rates, game over. swifts land, -- switzerland, bak of england, norway, our own country, it's a worldwide move towards higher rates. now including japan. what do you make of that? >> neil, i love that you're covering this japan move.

to hear susan so animated talking about it, what i think has been missing, i said this multiple times the last couple months, looking outside the u.s. saying what is going on with global demand? as a result what does that mean for recession risk. this has caused this. disruption and this much dialogue. basically to your point, expected continued inflation in japan. as a result we need to put up rates. really getting market to hone in on thing fact that global recession risk was a lot higher. that is part of what is feeding into today's selloff. neil: i'm wondering is this robing a chance of for this santa claus rally and other factors but what happened to it? >> i don't see any santa claus rally, neil. one of the predictions i made earlier this fall, i think the market will head back down

toward levels we saw in the summer trough. boy going in that direction. i think only place this is going now is south, neil. the reason i'm a little bit pessimistic about that, things like consumer sentiment is going to deteriorate. the impact of high energy costs, particularly in europe. those signals come back to the u.s. instead of having a santa claus rally. i think we have grinch dip going into the exit of this year. neil: what about survey, wealthy investors they think it could get even worse next year? older baby boomers for example, in the camp that we could slide another 20% next year. millenials a little less convinced it is that bad but still not bullish by any means, what do you make of that? >> i do stand in the camp it is going to get worse before it gets better in first half of next year, neil. that hinges on a couple issues, consumer perspective, we're seeing now a double-whammy of consumer debt levels spiked

above levels we've seen over the last 20 years at interest rates higher than we've seen since before the great recession. and you put those two things together, you're going to see disposable income continue to go down, not because of inflation, but the cost of interest on consumer debt. that is issue number one. issue number two, no one is talking about very much yet, is the fact that the amount of corporate debt out there is large and levels to which the interest rates have gone up again are very large and we're not yet hearing the dialogue, we'll hear it q1 of next year got stress of those levels of leverage and interest costs of that, on cash flow. we're going to start seeing that kick in, fuel this recession come january, february. neil: ann, thank you very, very much i always enjoyed your expertise this year. hope a lot more next year. have a merry christmas in the meantime and a happy new year. ann berry, one of the best. very honored to have her frequently on this show. not honored to tell you the next story of a major storm preparing

to grip much of the country here. by week's end it will be a mess for everybody. kendra lewis, fox news meteorologist, what we have to look forward to or not kiana, what if going on? >> reporter: we have a expansive system, watching next couple days looking more impactful to more than 48 million folks across the central and midwest portioning of the country. kicks off thursday, see the area of low pressure moving into areas across the central half of the country, eventually peaking into friday. major storm expected. convergence zone is along that cold front. with all the moisture pulled in from the gulf. we have opportunity for winter storm. we have good-looking totals. good if you're home stationery for the holiday staying indoors. however if you're traveling this may not be the best news for you. areas getting a foot of snow, especially upper midwest wisconsin, illinois, chicago

under the threat of up to a foot of snow as well. off to the east of that, into parts of the michigan, almost two feet of snow expected there in south bend as well as northern portions of indiana. this will be a very expansive storm. it will take us through the course of the next couple of days, latter half of this week, really. winter storm watches already in place. this spans through at least saturday. we do have the opportunity for blizzard conditions to start moving throughout the areas as well. really areas shaded in pink throughout the upper midwest will get the brunt of this impactful storm. pushing into washington, parts of central plains through tomorrow morning. convergence is on place, on the front end of that cold front, front on colder side and back end. by friday most of the rain moves threw out upper parts midwest, snow, excuse me, rain along the

i-95 corridor, now much rain do we get out of this heading into saturday? we'll see areas get in on at least two to three inches of rain, especially north of new york city. includes boston, south of that into philadelphia. one to two inches, looking at cold conditions behind that. great news all. you had to remind us of all that hell coming our way. thank you very. i hope you get home yourself. kiyana lewis following all of that at fox weather. doesn't jeff flock know that already affecting upwards of 113 million americans who are trying to travel this week i guess as the week progresses. it will get dicey. jeff in philadelphia with more. hey, jeff. >> reporter: would be a beautiful day to travel today, neil. in philadelphia,. of the northeast it is actually sunny, not a whole lot of traffic. so minimal delays and cancellations here as you can see at philadelphia international. kiyana and company gave as you couple maps.

i'm headed for milwaukee. we're covering that on thursday and friday. where we will get as she points out maybe a foot or so of snow. the problem with air travel, not only the snow, pretty good moving it off runways in chicago and milwaukee but there is that wind and when you get that wind blowing i tell you, a lot of flights get canceled. it is the worst possible time, neil, because air travel is up almost to prepandemic levels. 28.8 million according to hopper going to travel this christmas. that is up 18%. busiest days will be thursday, the day that storm is hitting the upper midwest and friday december 30th on the return trip. the folks who know say, they think people will try to travel anyway. nobody is canceling flights or canceling their plans. they want to get home for the holidays. listen. >> people will want to push it. they do not want to cancel their plans. they spent their hard-earned

money on plane tickets and hotel rooms, things like that, that will take a lot for people to cancel their trips to keep them home. a lot of folks will be ready to weather the storm. >> reporter: neil, you're looking live here at the departure board here in philadelphia. there you go. a lot of delays already. it's a nice day here, but if you're coming from the pacific northwest or going out there bad and of course the next few days, wherever you go almost. it is not going to be fun. i'm going to milwaukee. i don't know who i ticked off to get that assignment, but well, there you go. neil: cheese capital of the world my friend, hello. i would choose that over paris. >> reporter: good point. neil: you skinny guys don't appreciate the magnitude of what's before you. all right. listen. have fun. >> reporter: cheeseheads. neil: fine, fine. you got it. jeff flock following all of that. by the way we told you about, we were watching this very closely, when china lifted that zero

tolerance when it came to covid. well now it has got a striking number of new cases and now deaths compounding these concerns all over the world, maybe china has to find a middle ground here because this is problematic. we heard from john kirby at the white house the u.s. is monitoring china's covid situation. including potential impact on the u.s. real impetus to reopen chinese factories and the like. in fact they did, but a great many workers there are concerned. now a great many are showing up in hospitals. now, more than just a few have died. the u.s. has said we already built up our resiliency. we're ready for anything and everything but they're watching china closely as are we. stay with us.

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♪. neil: all right, it was a pause, it doesn't mean it is an outright stop. the supreme court yesterday holding off on you know, getting title 42 to just sort of evaporate and go away on the 21st. at most extended another few days. after that the supreme court will make the decision for its future. it isn't even that clear. grady trimble from cochise

county, arizona, where they have a lot at stake. what are you hearing, grady? >> reporter: i spoke with the sheriff here in cochise county. he is preparing for title 42 to be lifted regardless of the legal limbo it is in right now. you're right, they're dealing with a lot here on this part of the border. you can see right here where we are. you see the wall. goes all the way down that way, down that way and as far as the eye can see. this direction this is private property, owned by cattle rancher john ladd. you've been ranching here, fourth generation, you said you never seen migrants crossing over in these large numbers you've seen lately. you are worried it will get with title 42 potentially being lifted? >> that's right. the caliber of people we're getting, they're not giving up. they're not asylum seekers. they're dressed full camo. have carpet shoes, and a cell

phone. >> reporter: we picked up carpet shoes. they're basically to disguise footprints in the clay so they can't easily be traced. as opposed to other parts of texas getting into the united states, you deal with smugglers, runners for the cartel. they're damaging their property. we heard you get a call earlier you have cows on the loose, they cut your fences, break your water lines? >> that is every day. this is overwhelming. it is last two years of the biden administration. basically it is an open border right now. luckily for us our border patrol are here. we have a really good sheriff but our border patrol is hamstrung with what this administration is doing to them. >> reporter: neil, the biden administration said they're surging resources to the bored err. john told me, both the sheriff in cochise county they're not seeing that. they still feel like nothing has

changed even with title 42 being prepared to be lifted potentially the coming day or days. neil? neil: thank you for that, grady. go to derek walls, former special agent in charge of drug enforcement. derek, this goes way beyond those who get through the border. nefarious types might be doing just that. a double worry here, especially on the drug side, huh? >> 100%, neil. you look at today, the dea released the latest statistics showing this year alone they seized over 50 million fentanyl pills. as you may know that they determined six out of 10 of the bills have a deadly lethal dose. but you got to understand, the cartels are a global enterprise. they will maximize profits. they will take advantage of the weaknesses. what they're doing now, neil. is they're flooding the country with their operatives as well. that's why i as an example we

saw recently last week in south texas, the seizure of 3,000-pounds of liquid meth. there was also a seizure reported of liquid fentanyl in texas. that is because they bring the stuff into america. they convert the liquid into the powder. then they distribute it all over. and neil, because this is a business show, i want to highlight something. right now in america if you have a pill processing mill in your location, you can produce 5 to 10,000 pills an hour. if each pill is selling for $10 a pill, that is 50,000, to $100,000 of sales in an hour. in an eight hour day, that is 400,000 to 800,000 just in pill sales. bad guys throughout america are taking advantage of the profit of this very addictive, deadly substance, fentanyl. the other thing, the chemicals coming from china, look 15 years

ago, 207 million in cash, all 100-dollar bills in mexico city. that was from a chinese chemical broker. chinese chemical brokers are sending precursor chemicals into mexico to make methaphetamine and fentanyl at record levels. the operatives are flooding the country and selling the drugs to our kids. we're seeing increase in overdoses kids as young as 12 years old to 18 years old. it is off the charts, it is dangerous, it is deadly. right now the white house is silent what is going on down there. neil: we'll have to watch it closely, derek, thank you very much. derek waltz following all of this. we're waiting to hear if the supreme court does on this. if they start deliberating it could mean a few days title title 42 will resume or cut a at that point a day later. we simply do not know. looking at title 42 implications

for the u.s. economy. we're getting details on the number of deaths and hospitalizations. there is a new study has been done out of hong kong that talks about an unprecedented wave of restrictions but getting reliable numbers from china is proving next to impossible. some had feared in this, you know, country of close to two billion people, that there is a possibly nearly one million deaths. as a result, hospital beds are filling up in shanghai, even neighboring hong kong. so this is something that has widened considerably but there is no way to put an overall number on it. that if you take a look at the normal percentage growth in cases like this the surge now is running about 1 1/2 to 2 1/2 times available hospital capacity. hence the worry, hence our concern that we are resilient here, showing no signs of vulnerability what is happen being over there but we are on

top of it. stay with us.

neil: we're told, more than 4,000 pages. to avoid a government shutdown they're kind of like, when you buy a car, new car, used car, sign on the dotted line, don't worry about the $1.7 trillion price tag. that is a measure to fund the government through most of next year but, you know, give or take a couple hundred billion dollars. aishah hasnie on the controversy it is creating because it doesn't look like a done, deal, does it? >> reporter: it is not a done deal, neil. there are a lot of critics kind of scratching their head, why does congress do this every single time, cram it right at the end, everything they want, all the goodies? we are expecting the senate to take its first procedural vote today sometime about this afternoon around 2:30 p.m. and they need to get this done to get it over to the house before the december 24th deadline.

so it is 4,000 pages long, not a lot of time for lawmakers to look through it. we looked through it. take a look at some of the biggest headlines we found. the bill includes $45 billion in ukraine aid, 40 billion for disaster relief. also some funding for programs authorized by the infrastructure an investment jobs act, chips act and pact act for veterans. electoral count reform act win is bipartisan in here. so is senator josh hawley's tiktok ban we were talking about. that bans tiktok on government devices. what is out the safe banking act would have allowed marijuana businesses access to banking, also money for afghan resettlement to get the people here to the u.s., also the child tax credit. gop leader mitch mcconnell is endorsing this spending bill as a really big republican win. because it includes $850 billion in defense funding which

outweighs the 770 billion in domestic spending. he is saying that the military spending in this bill is way more than what the biden administration original asked for. >> compared to where the negotiate -- negotiators started we transferred huge sums of money away from democrats spending wish-list and towards national defense and armed forces. >> reporter: a lot of pressure on him, he has to convince 10 republican senators to vote for this. plenty of republican senators speaking out, criticizing this bill as way too much spending when we should be talking about inflation. neil? neil: thank you for that ashiah. let's go to sean duffy, knocks news contributor, former wisconsin congressman. a few years later is hosting a fancy shmancy show on this network, kicked off 23rd of

this month with dagen mcdowell, "the bottom line." you've been through the kabuki theater and budget spending deals. it has caused consternation even among republicans. where do you see this going? >> each one is different, neil, right? all the circumstances change but in this one you have republicans taking control of the house on january 3rd. so instead of waiting to do a short term cr, continuing resolution, maybe get the government funded until the first part of february, let republicans in the house have real imprint on the spending and mitch mcconnell, 10 republicans partner with democrats to do a massive spending bill? doesn't make a whole lot of sense. you see republicans with no power in the house until january 3rd they're outraged. you're starting to hear senators on the republican side of the aisle, going, listen why are we doing this? what you talk on the show all the time is inflation. spending is driving inflation. instead of spending more money

we should be looking at where can we cut back on spending? that is not part of the conversation really, neil. how do we cut a deal right before christmas. we all want to go home. emergencies are great to get things done. >> right. >> was it barack obama who said don't let any crisis go to waste. they're not right here. neil: rahm emanuel actually. >> that's right. neil: interesting, sean, what kind of pressure is exerted, and you've been through this with your eight years on the hill? it is christmas, we all want to get home, we all want to get home, sign on the dotted line, get the heck out of here? >> oh, it is real. not only do you have constituents, fellow members but you also have your spouse, you have your kids. listen, when are you coming home? are you coming home for christmas. i hate this job. it is never predictable. you don't know how members react when they have an angry, angry spouse especially on christmas. so you know, not a joking matter, it's real, you know, neil, that is why they wait so

long, right? they want the pressure at christmas. they want you to want to go home. 4,000 page bill that no one is going to read? you will have a couple hours to read this bill? no one will know what is really in it but for the top lines we see right now? they don't know. they expect that pressure to get these massive bills done and big spending that no one would ever vote for to get done at christmas. so i think there should be a revolt in the congress, listen, we'll not let this happen anymore. if you wait until the last minute like this, it will be no. it should have been done a month ago, two months ago. neil: let me ask you this, you hear there is bitterness, some of kevin mccarthy's comments, even his look when referring to mitch mcconnell and this idea that, you know, let's get it done and move on, i'm just wondering whether it is opening up a fissure here among republicans and those who have had it with the just do as we usually have done it system?

>> well i think there is a feeling, especially, i'm a house guy, neil. i have kind of a house perspective. but i know a lot of senators feel the same way. you have mitch mcconnell doing far more partnering and negotiating with democrats than with his own party. it is frustrating everybody who ran in races in districts or in states that want to serve. they want to do the right thing for the country and here you get mitch, by the way putting pressure on nine of the senators to get on board. and you know, to kind of throw the rest of the party and principles they ran under the bus. i think that fissure is real. there is significant frustration in the house especially with mitch mcconnell, because again the house is going to go to republicans in a couple weeks. why wouldn't you wait for your colleagues and your friends, your party to take control where you have more leverage and more power to negotiate a deal? why are you cutting one right now? so many people go

mitch mcconnell wants to work with democrats. there is big spending that mitch wants to get done in a bill like this as opposed to waiting and letting kevin mccarthy and republicans in the house have you know their fingers in the budgeting process there is lot of money we might want to ramp up, whether irs, talking about cutting a little bit of irs money, still $12 billion to the irs? come on, neil? this is ridiculous spending. we should have border wall money in this budget which republicans can negotiate for. those kind of priorities can't happen because there is only 10 senators as opposed to a full house on january 3rd. neil: real quickly, kevin mccarthy going to be speaker or not, what do you think? >> that is a good question. if you're making me bet, i don't have a crystal ball i would say 65% kevin gets it. all the messaging has been right. i think listen to me, i will predict this next few days you will have 10 republicans say, you know these freedom caucus guys that are

holdouts its not going to be someone you want. the 10 of us will pick whether it will be adam kinzinger or liz cheney or fred upton. we'll pick a more moderate republican member, partner with democrats to make them the speaker. we'll not let you pick the speaker. kevin mccarthy or someone really liberal that will be the choice that the republicans have in the house. in the end i think they rally around kevin mccarthy. neil: i will hold you to that. if you're wrong, i will keep playing conversation. >> great. neil: i hope you have a beautiful christmas, my friend, congratulations on new show, on 23rd. you and dagen will hit it out of the park. >> thank you, my friend, bottom line, p.m. starting start 6:00 p.m., starting january 23rd on fox business. we have the dow up a teeny bit, up 66 points. if you're waiting to see a

positive santa claus rally out of this, we're running out of time. all major averages are are down, down a whole lot, including nasdaq down 33%. stay with us. ♪ [laughing and giggling] (woman) hey dad. miss us?

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she has a rap sheet, 1times for burglary in the last two years. de niro is leaving the 69,000-dollar a month rental townhouse on upper east side. sources were following avilla breaking into nearby buildings. she went in through the basement door. they found her rummaging through christmas gifts under his tree. this is growing crime trend in new york city, robbery, felony assault, burglary, transit crimes are all up from last year. with total crime up more than 23% from 2021. back out here live, check it out over my shoulder, that is here as the investigation is probably blocked right now by cars, neil, but the suspect is being held on bond. she will be in court on friday but it is possible as we know here in new york city, she could be back out on the streets before christmas. neil? neil: that is the pattern in new york. alexis, great reporting.

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neil: all right, sam bankman-fried is come towing the united states with the understanding there is no way in heck he will be able to leave the united states. go to chief national correspondent connell mcshane following all of this for us. connell? >> reporter: discuss a question when he is coming, neil. a spokesperson for sam bankman-fried told me a short time ago that things are still in flux and it is not immediately clear when he will actually arrive here in new york from the bahamas. what happened a lawyer his lawyer waiting in the after the hearing that he actually waived his right to extradition. the feeling was they would have another hearing. according to reports from the bahamas there is no set time for hearing.

everyone is trying to figure out what is going on in the bahamas. sam bankman-fried leaving the courthouse in nassau yesterday, things inside of the courthouse things are truly chaotic. he was shocked to see minimum in the courtroom his lawyer said, that sbf needed more information before he agreed to extradition before they certainty him back to jail. the same lawyer told reporters later in the day he agreed to go along with the extradition after all. you can follow all of that. once he eventually arrives here, eight federal charges here he is facing, wire fraud, securities fraud, money laundering, campaign finance violation, related to millions in political donations. speaking of donations, "axios" is reporting nonprofit news organization "propublica" returning $1.6 million from freed freed foundation -- sam bankman-fried foundation. sbf is accused of taking

billions of dollars of customers money through his exchange, to fund his life-style and lavish spending and this donation as well. before i go back to you, fox learned it is likely that bankman-fried will be released on bail once he arrives here in new york in a deal struck between the prosecutors and his lawyers, but that ultimately decision will be up to the judge. it is judge roney abrams presiding here, obama appointee. we're all in fluctuating to see what happens in the bahamas. maybe looking more likely tomorrow at the earliest for sam bankman-fried here in new york. neil? neil: connell, thank you very much for that, connell mcshane following all of that. to guy lewis, former u.s. attorney. guy, some dumb questions i have to ask you, so little time. i assume his passport, that is sam bankman-fried's passport so he isn't a flight risk. there are always ways around

that but what can you tell me? >> that's right, neil. before woe begin to have discussions with the u.s. attorney's office, the fbi and others they would require him to turn in his passport, any travel documents. they would go through a financial background and history so there is a lot of questions to be answered and frankly despite the speculation, i am still betting he gets detained pending trial as a risk of flight. neil: what about the bail would even have that opportunity what are we talking about? >> so the court is going to require, which the court will have to approve no matter whether the government and the defense lawyers agree or not, the court will have to look at it and approve. but you can bet that if there is an agreement and that's a big is, it is going to be millions of dollars. families putting up properties,

waiving extradition from any third party country, maybe an ankle monitor, maybe even hired professional security where they report routinely to the authorities on his whereabouts. very, very strict reporting requirements. neil: would that extend, guy, to his parents and his girlfriend who have also been questioned we're told? >> short answer, neil, is yes but again they will be, they being the federal authorities are going to be very skeptical. look, we know the parents will promise he will appear in court. we know the girlfriend is going to promise but look in reality, neil, this young man has two, two assets that he is trading with the government right now. one is cooperation which amounts to the return of money. we know there is 3 or

$400 million at least that is still missing. and the second is cooperation in terms of who else was involved in these crimes? and the government mass got has got to be interested, neil. look, they added a charge regarding political donations, as a prosecutor, i want the money, where is the money, sam, and who else was involved in these crimes including the big-time politicos. neil: do you think whatever happens, when all is said and done, guy, bankman-fried will be spending the rest of his life behind bars? >> i got to tell you, neil. that is what he is facing right now. the way the guidelines are, the federal guidelines, as a part of example the previous story, the lady arrested 17 times and obviously you know going to get out, the guidelines here are going to be a mandatory life and mandatory life means, hey, you die in jail. they carry you out in a box.

it is a very, very tough. that is all driven by the amount of the loss which in this case really could be a billion dollars or more. it is going to make the bernie madoff case look like a small fish. neil: wow. amazing. guy, so are you, guy lewis, former u.s. attorney following those developments. dow 124 points. no santa class rally in any real shape, way or form. after this. ♪. whom.. ..

dirksen senate office building 02 thirds of the country will experience a white christmas the way things are looking for this massive storm and it might not scare many people. in florida they are talking temperatures 30 ° below normal. i am kidding but it would is cold and nasty and following all that all of this with a backdrop where we are waiting for the santa claus rally.