joe." coming up on 9:00 in the morning in washington, d.c. just about 6:00 a.m. as you wake up out west. good morning, great to have you with us for our fourth hour and a lot to get to. including a federal judge appears willing to unveil at least some of the affidavits supporting the search warrant for mar-a-lago. we'll get a live report from florida in just a moment. plus the former president has had trouble finding expert legal advice as he faces potential criminal exposure. we'll talk to a prominent defense attorney who worked on the watergate prosecution team. he'll tell us why he turned down a request to represent donald trump. and later this hour, the drama dope sick explores the origins of the opioid crisis in america and how one company triggered its start. we'll be joined by director danny strong and actor peter sarsgaard to talk about how the series has transformed the conversation around opioids in this country. but we start this hour with a

surprise decision from a federal judge in florida who asked the justice department to prepare a redacted version of the affidavit that led to the search warrant for donald trump's mar-a-lago estate. that decision marking more of a middle of the road approach than some expected with the judge saying, quote, very important for the public to have access to as much information as possible. joining us now from palm beach, florida, just outside of mar-a-lago and nbc news correspondent sam brock. good morning. what is the latest here? >> reporter: willie, good morning. the latest is, it is all quiet right now outside of mar-a-lago. after some chaos yesterday in the courtroom. at least in the sense that this was not the result that many in the legal community were expecting, that the judge appears to be sympathetic to unsealing a portion of the affidavit. here is what is happening, what will happen next. the doj has a full week to submit its redactions and the judge will look at those and submit his own redactions and they'll confront and if they cannot come to an agreement, the

judge's version will be sealed pending an appeal. the question is what will this ultimately look like, is it a bunch of pages of blocked black graphs or will there be real material information involved. a couple of notes from yesterday that i thought were interesting. one, the attorney for president trump didn't say anything. she was only there as an observer. it was the attorneys for the media making the argument for unsealing the document and notable, trump's legal team never filed papers to have this affidavit made public. so you hear all of the bluster, and all of the rhetoric, but the actions don't necessarily match that. and you also have the attorney for the media, nor nbc news chuck to bein who said can you not trust what you cannot see and the jung is going to put on his legal lens and try to figure out what would compromise this investigation and what could endanger the health and safety of the agents involved but at end of the day there is some compelling interest for some information for the public to decide for themselves what is and is not material. and certainly this is a judge

who has been under attack himself. he understands the sensitivity to this. he is faced death threats, willie, palm beach gardens has acknowledged they're working with federal authorities to keep him safe. not just that this could derail the investigation if large portions are made public but at the safety of those involved is certainly very important at this point and we have real tangible instances of attacks on the fbi or threats to the fbi that would lend credence to that. so it is a tight line that judge is trying to walk and it will happen over the next several weeks. we'll see how it plays out. >> unfortunately some prominent republicans as we've been talking about this morning feeding the violent rhetoric. sam brock live from outside of mar-a-lago this morning. sam, thank you so much. joe, fascinating that the trump legal team was silent during that hearing yesterday. fascinating and maybe telling that they don't want too much of this out after all. >> yeah. again, as you and i have been talking about for sometime, it

is like rudy giuliani, holding press conference outside of federal courthouses, waving his arms and lying to the american people and then he goes inside and goes mute and when the judge asks are you alleging widespread voter fraud, oh, no, your honor. so obviously there is a play for the base and then there is a play for the federal judge. let's bring in nbc news correspondent ken dilanian. what did you take out of the proceedings yesterday and what you heard from both sides? >> it was a big surprise, joe. normally judges did not even entertain the unsealing of an affidavit at this stage of an investigation when the justice department comes in and said we have an open criminal investigation with grand jury information, a lot of equities here. but i think this judge, as sam said is under threat himself, is viewing this as an extraordinary situation. or you have millions of people who don't believe that this was

a legitimate exercise. and i think he sees some small window of information that maybe could be released. i think we should temper or expectations because i think most of this stuff will be redakted. but maybe there are a few lines that could shed a little more light on the nature of this case and the classified documents an the import of it. >> and by the way, there may be people at home listening and hear about the threats that the federal judge is facing and you may think that is one reason to move in this direction. no, reasonable people, we should explain to people out there, reasonable people, and democrats on the intel committee and republicans are saying this was an extraordinary search of an ex president's home. you have to give us something. you can't just say trust me. and it seemed that the judge followed nbc news' attorney's reasons as well who said, sorry,

we can't trust you until we see what we're supposed to trust. so it was -- it was -- even though it was highly unusual, you could understand given the extraordinary circumstances why a judge might rule this way and try to split the difference. >> that is right. and he knows what is in this document. so he could see before him potentially some areas that could be released without harming the investigation. for example, it is already been reported that the justice department was down in mar-a-lago asking for the documents back and that is in the affidavit and there were grand jury subpoenas. as you know, that is secret information by law. so none of the fruits of those could be released. there is the justice department, i have to tell you, is rattled about threats to its personnel and threats to witnesses. they are going to aggressively try to protect anything that would expose the names or identities in this. and i do want to caution people,

the judge did say even if this document is -- this document may be meaningless gibberish by the time the reactions are imposed. so we may not get very much but we may get a little bit. >> ken, give us a sense of the time frame. sam was mentioning there were a few weeks. we have the november election coming up in a couple of months. do you think we'll have some sense before the midterms of what it was that the fbi took from mar-a-lago and why it conducted the search and why those documents were so relevant potentially to national security. >> i just don't know the answer to that. because i can't get a good answer from the justice department about whether the rules about taking action before an election apply to this case. when donald trump is not on the ballot. and if they do, when does that clock start ticking. we're inside of 90 days. >> again he's not a candidate this year. >> but obviously this is -- he is in politics is infused with

donald trump. so you could make an argument that whatever happens in this case will effect the midterms. >> but at the moment they're going through the documents. so box by box and file by file. how long is that process going to take. >> so we have a little insight the other days, there is a filter team of prosecutors and agents who are not part of the case who are going through and picking out things that may be subject to attorney/client privilege or things that aren't relevant, like they gave him back his passports the other day. so that is suggesting there is a massive amount of documents and then they turn it over to the actual agents investigating. and by the way, the fact that they hands over his passports, that not typical. anybody who has had a subject of an fbi investigation, they don't give you back your stuff. whether it is relevant or not. it just shows that the fbi is taking extra care and while people say, trump's been treated unfairly, they're actually bending over backwards to treat him fairly. >> right.

and we've made the point before katy, and i say this as a member of congress who got intel briefings, if i had taken a document home, that i wasn't supposed to have, the fbi would be knocking on my door the next day. and they wouldn't be polite, they wouldn't be gentle or worried about backlash. they'd be saying get yourself a lawyer, boy, because it is going foe be a rough ride. and chances are good any other member of congress, they would be doing a plea deal in like two weeks. so that is why it is so preposterous, saying donald trump is being treated badly. cia directors get busted by the fbi for doing far, for less than this. sandy burger, national security adviser, busted for doing far, far less. so the idea that somehow donald trump is being treated rough by the fbi, if you look at historical parallels in just how badly members of congress would

be treated if they did this, it just doesn't hold water like all of the other conspiracy theories and lies. >> ands the doj is saying, we've been asking for this politely. they tried the quiet route and saying could we have all of the documents back in january and then in june they go again and say hold on a second, could we still have all of the documents and they tried that route and they didn't get it so they have to conduct the search. they did make search, and i'm sure you could confirm, they didn't wear the big fbi wind breakers that was meant to feel like some -- >> kind of a gentler search. >> the kindler and gentler fbi turned up at mar-a-lago. >> the trump family is threatening to release the surveillance video. >> but will that help them? >> i mean, well i could say this, the fbi is quite rattled because they don't want the faces of their agents on camera and asked news organizations to blur them. >> they've had like 30 agents down there who are all at risk

if their faces appear on camera. and they didn't wear the raid jackets and they tried to do it, and they asked to turn off the video but they didn't do that. >> they did not. let's add to the conversation based in miami jon sale. a former watergate prosecutor and was approached by former president trump's legal team to join their case. mr. sale, thank you for being with us this morning. a lot to ask you about this case specifically, but curious why you declined the invitation to help represent donald trump. >> well good morning. there is not that much to tell. without violating any confidences, so my thought was when i was a very young lawyer, i participated in an investigation of a president who had criminal exposure. so i thought, i'd love to -- it is historical, i would love to do it again on the other side. and i wanted to be just a lawyer, though. i didn't want to be involved in the political aspect of it at

all. but when i dug in the issues, the issues are so complex and interesting that in many case it would have required me to take a leave of absence from my law firm and devote full time to doing this. and i just wasn't in a position to do that. it wouldn't be fair to the matters that i'm work on now. but there was nothing more. to dispel something, payment was not an issue. media was speculating, they don't pay their bills. that was not an issue. they didn't express any concern about not liking the lawyers they already had. would i come in and head up a team and let me point out that department of justice has whole strike force devoted though these investigations so it is a matter of trying to even the playing field. and the attorney general in his press conference reminded everybody that the president is presumed innocent. so i think we ought to bear that in mind also. the other thing that went

through my mind is that a search warrant is probable cause that there is evidence that a particular place, at a particular time but it the not an arrest warrant. and that a particular individual, meaning donald trump, committed any crimes. >> so not even a principle objection, you just couldn't fit it into mur schedule. i'm curious of what you make of his representation. some criticism from defenders of donald trump, the attorney who was in the courtroom just silent yesterday. she was dragged on to fox news and kind of admonished by one of the hosts last night for not saying anything. it might hurt their future case. what did you make of the way yesterday's hearing went? >> well, i thought -- i don't want to criticize any other lawyers because i don't know everything they knew, or what instructions they got from their client. but by not intervening in the proceeding, they're not going to have anything to say about the

redactions. so i've been counsel for a lot of people and companies, particularly in this district who have been the subject of a search warrant, i have never gotten an affidavit. and i've heard very, very good commentators like dave aronberg who is a terrific state attorney and george conway and myself, we all predicted the judge would say no. and in this case, this sort of mixed bag is extraordinary. but i think we're going to all be disappointed and i think it is pretty clear, we're not going to get anything that will compromise the investigation. anything about national security and we're certainly not going to get anything that would lead to speculation as to who the witnesses are. >> yeah. mr. sale, joe scarborough here. i think that is an important insight because a think a lot of people are expecting, whether their news organizations or supporters of president trump, who are expecting to see a lot from these documents that are going to be disappointed.

first thing i want to underline is what you said and it is just so critical, we've been saying on the show for this show for quite sometime, no man is above the law and in this country you're innocent until proven guilty. i don't think we could underline that fact enough. and i would love for you to follow up on what you just said about the possibility that, yes, there may have been a crime committed, but that crime may not -- and i'm not saying this isn't the case, but we just need to lay this out. because i think at times, we, the media, have jumped the gun in the past. but a crime could have been committed. they could have presumed that a crime was committed by not necessarily by donald trump himself. >> there are so many things that we don't know. most crime require criminal intent. so we don't know what the president, former president knew. we don't what advice he was given. we don't know what his intention was to do with these materials and all of that would have to go into the balance before

recommending or for a attorney general deciding to recommend an indictment against the -- against the former president. and talking about the 90-day rule before, one of the things that was disclosed early on is this was in the early stages of the investigation. so, nothing is going to happen for a long time. but they are reviewing -- neither side knows what they have in terms of the documents. so they're doing a filter team. where the filter team, the government filter team is looking for privileges, not only attorney/client privileges but executive privilege, the deliberate process privilege which is a subplot of that. you may recall that eric holder was held in contempt by congress for with holding documents because of this deliberate process of privilege. but i would have, and i'm not criticizing other lawyers, i don't do that. but i would have come in right away and ask for the appointment of an independent special master. if i had a client like former

president trump who has been investigated, he would be very distrustful of the prosecutors an the fbi and we would want a special master for privilege and not the government themselves and it is not something i'm making up. in new york that has been done twice in the district of new york. but that doesn't mean the other lawyer should have done it. every lawyer does what they think is right. but i will say one thing, i would have tried my very best not to try to do it in in the media but as a lawyer but within a few days i would have broken my own rule because i would have done everything i could to denounce the rhetoric, the threats, the threats of violence, the threats to the fbi, to the judge, and after what happened that, tragedy with judge salas's son, i mean we can't say enough to tell people that is a lose-lose situation. we can't blame the fbi.

we can't blame people. i believe in the process. i believe in the system. let the system work. and i think the right result will come out. >> and you know, it really does, and so grateful for you saying that and underlying that fact. when you look at this situation and look at the fact that the fbi and the attorney general has it appears that they understand what an extraordinary situation this is. they took some steps to make it a bit less intrusive. and like you said, most legal experts had thought there was no way that affidavit would be released, any part of that affidavit even in a redacted affidavit and you just said that you were surprised yourself. you've never seen anything like this happen before. i guess that points to the fact that the judge also realizes that this search of a former

president is an extraordinary circumstance and requires us all to sort of wade through this together with everybody doing their best. >> well, i think the judge was not influenced by political pressure. but i think what you pointed out is right. but the judge said that a redacted version might just result in meaningful gibberish, gibberish. i think those were his words. but we might see things like why requests or subpoenas to the former president for documents and showing that the government did go out of their way to avoid doing this search warrant. but let me say, the next time i have a client who is the subject of a search warrant, they're going to say why couldn't i videotape it and the answer is you can't. so i don't know if this is a precedent that none of us want to live with. >> and like any good criminal

defense attorney, a fraudy an slip. if i need a criminal defense attorney, that is the mindset i want right there. exactly. so -- >> a search warrant is not fun. and the affidavit never contains anything favorable. because it is a one-sided procedure. it is only one side. and it is -- and it is in secret. >> exactly. exactly. which of course is what makes all of this so extraordinary right now. that it involves a former president. criminal defense attorney jon sale, thank you so much for being with us. it is very insightful. we appreciate your time. >> thanks for having me. >> all right. katy. >> it was so interesting. there has been so many lawyers or legal experts that said that trump with working with donald trump is that he bends the law to the max, you give your client a -- you think you have an understanding with your client

and he breaks that understanding, things get out into the press. he's a very difficult client for people to deal with. particularly when you have so many investigations. but i want to pick up on what jon sale was saying there but innocent until proven guilty. and we haven't heard from the trump side, all we've heard is the kind of -- the bluster and the rhetoric, but we haven't heard the legal case from the trump side yet. and i guess what could come out from the trump side that would mount a legal defense, i mean we're not going to get much from the affidavit, but which would mount a legal defense of what has happened. >> and we've heard a little of that. their position is donald trump de classified these documents. so there is nothing -- >> is there more that they could -- could they -- something to counter that affidavit to the extent that we're going to see anything from the affidavit. >> only to the extent that their willing to talk publicly and talk about what these documents are. and but to jon sale's point, donald trump didn't pack these

boxes himself. there were other people involved and other potential subjects of this investigation. that i think is maybe the next shoe to drop. who else was involved. how did those documents get there and where is this investigation going in terms of other people. >> all right, thank you so much. ken, greatly appreciate it. >> and willie, fascinating insights from jon sale, who was a good attorney. he didn't give up anything on donald trump. don't know why he didn't take it. but he did exactly what an attorney should do, especially a criminal defense attorney. >> and he also had an important message to knock off the crap threatening judges and the irs and the fbi. something we've been talking about all morning. we'll see if anybody is listening. coming up this hour, one county in texas needs an entirely new staff of election officials after all three existing ones resigned following death threats. details on that story ahead. plus the new plan from the biden administration that it

said will help combat hate-fueled violence. we'll go live to the white house for that. and also home sales plummet across the united states. andrew ross sorkin will be here to tell us what that means for the economy. and later. series dope sick has earned 14 emmy nominations. we'll speak with danny strong and co-star peter sarsgaard coming back on "morning joe." shingles. some describe it as pulsing electric shocks or sharp, stabbing pains. ♪♪ this painful, blistering rash can disrupt your life for weeks. a pain so intense, you could miss out on family time. the virus that causes shingles is likely already inside of you. if you're 50 years or older, ask your doctor or pharmacist about shingles.

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27 after the hour. a texas county needs an entirely new staff of the election officials after all three of the existing ones resigned with one saying she's been stalked and received death threats. it is about 75 miles west of austin, home to some 27,000 people, in 2020 former president trump won that county by 59

points. despite that large margin, elections administrator aniecea herrera told a local paper she was harassed online and got death threats after the election. she blames that on a dangerous misinformation related to election integrity. the judge acknowledged the escalation of the political climate saying, quote, we have some people who are pretty fanatical and radical about things. elections are getting so nasty and it is getting dangerous. with less than two months before early voting starts, the county election website said the elections administrator is tbd. telling "the new york times" that the office will send specialists to train other government employees in the county if it comes to that. meanwhile, the internal revenue service does not intend to use $80 billion of funds from thein nation reduction act to hire 80,000 new agents to target

middle class americans. they say it would fund new agents including armed tax enforcers who would audit citizens making less than $75,000 a year. officials are rejecting the claim that hired agents would carry weapons. arms agents did not interact with active americans. they focus on areas like narcotics and money laundering. in a letter to the commissioner of the irs, treasury secretary janet yellen writes the agency plans to hire auditors who could enforce tax laws against high income citizens and corporations and not the middle class and this means that contrary to what is believed, those earning $400,000 or less will not see a chance of being audited. they will fill the position of about 50,000 irs employees who are on the verge of retirement netting roughly 20 to 30,000

workers. the 87,000 number is from a-year-old report released by the irs which described what the agency could do with nearly $80 billion in new funding if congress would pass the american families plan. so, joe, so much bad information floating around. and again, it is from leading republican senators like chuck grassley and kevin mccarthy, who are putting out this idea that armed irs agents are going to be knocking on your door. >> and all lies. every part of this. like you were saying, not true. the 87,000 agents, that comes from an irs document a year ago that they said, boy, well we could use more agents. the gun situation, as you said, yeah, that is going after

narcotics targets, not going after middle class americans. lying saying their bringing ar-15s and will knock down the doors and again another lie. this is -- the focus is going to be on the rich, people who aren't paying their fair share of taxes, but again, the lies don't matter. but again, you just read that and that is all sane and rational. but again, let me -- chuck grassley said they're going to have a strike force, quote, that goes in with ak-15s, i think he meant ar-15s, already loaded and ready to shoot some small person in iowa. a small business person in iowa. and top news host at fox news said that the irs is coming to, quote, hunt down and kill middle class taxpayers. it is so repugnant.

and they are -- they are putting targets on the backs of americans who are working for their government, and by the way, i don't know if anybody has tried to deal with the irs over the past decade, it is not easy. it is not easy because they've been underfunded for years. some of their systems are 60 years old. you heard the story down at the pentagon, that some of their stuff is like from the 1980s. the irs is worse. and by the way, if you're being audited by the irs, good luck getting somebody on the phone that could, like, walk you through it. good luck. because, guess what, they're understaffed. their technology system is decrepit. all because people think we're going to hurt the irs, underfund the irs. no, it is not hurting the irs, it is hurting american taxpayers who have to deal with the irs.

so, and, katy, on top of this, i said this earlier, when our show started 14 hours ago, that i have a good friend who is an elections officer. and a very republican area. i don't think he's ever voted for a democrat for president his entire life. and when i was talking about how republicans were targeting irs officials and also law enforcement officers and the fbi, he immediately, while i was talking and he texted me and said what about election officials. he said, last four years have just been hell down here. so all of these people, again, and even volunteers who we were talking about in georgia, people who were volunteers are fearful for their lives and having their reputations ruined and you've

told a chilling story about an election official. and where to park their car to protect them from the bomb blast. >> this is a woman who has spent decades to democracy and counting votes. came across, i don't know what party, but she seems conservative in a conservative district, got-fearing woman and she got a death threat that was a bomb threat and the fbi came to her office and said, ma'am, move your vehicle from the parking lot and put it right outside of your office window so that if a bomb is exploded outside of your office, that at least the vehicle will protect you a little bit and stop some of the window shattering. >> it is just madness. >> it is madness. this poor women. she was in tears when she was telling me. and she's determined to stay there. but she said one in five election officials don't want to operate in these conditions and they're just quitting. so then how do we have elections that run smoothly.

so think of the effects of that. we're undermining the election officials and making them too scares to do their jobs and when it takes time to count votes the conspiracy theories start coming in because that is when you have the vacuum of information and that is when people start saying the election was stolen. so we're perpetuating a people that don't trust the democratic process. >> oh, my god, there is somebody on the internet who is saying these things and there is nothing that could be done by the crackpots, no this is being said by one of the top republicans in the house, one of the most senior democrats and -- senior republicans in the senate. this is being said by some of the most top -- some of the most watched cable news hosts. and they are deliberately, again, just -- just republicans. chuck grassley, i mean you need

to talk to this guy. i mean, you need to talk to him. a strike force that goes in with ar-15s already loaded ready to shoot some small business person. what do you think your losing in these senate races? because your seen as radical. and this is more about far more than politics, this is the sort of rhetoric that led to oklahoma city. the post ruby rich post waco rhetoric, the militia rhetoric the survivalist rhetoric that led to oklahoma city. and if you don't care about innocent lives being targeted right now, then just know this -- oklahoma city, the

tragedy of oklahoma city, this sounds very crude and crass, it is just the truth, we were there, we republicans were on the hill when bill clinton was on the run, oklahoma city re-elected bill clinton. i know it sounds really harsh. but it did. because you know what, collectively americans said, okay, this republican movement, it's gone too far. these guys aren't conservative, they're radicals. it is happening again. look at your poll numbers. if you don't care about the next oklahoma city, if you don't care about the next fbi office that is attacked, well then care about your own political future. because this is a really, really bad move on your part. politically, and morally. this morning the biden white house is announced a unity

summit next month and they're hoping that they could combat the growing divisions in this country. according to the white house, it aims to highlight, quote, the corrosiveects of violence and public safety and democracy and find long-term solutions. well it is timely. it is timely. and i hope republicans, some republicans that are scared by rhetoric in their own party that is coming from within will participate. let's bring in white house reporter and "morning joe" senior contributor, eugene daniels. i'm so glad the white house is talking about this. i think more people in leadership positions need to talk about this. you have law enforcement officers under attack. with targets on their back being call the the gestapo by members of republican party. you have irs agents who have being slandered and having targets put on the back -- on their backs. so what could the white house do

about this? >> reporter: yeah, this summit is the 15th aand they're hoping to bring local and federal faith leaders and civil rights leaders because it is just about the rhetoric, against election works and our election process, irs workers, but also different groups around the country who have seen a rise in attacks against them because of hate speech. this white house knows that you can't legislate people's hearts and minds, but they're hoping this conversation that they're going to be having it is going to give them and the rest of the country a blueprint to come together but also find some policy prescriptions for some of these things. this is something that civil rights groups have been pushing the white house to do. really in earnest since the buffalo shooting, talking about this country and this white house has to figure out a way to get their arms around this issue.

and when you talk to aides here in the white house, this is something that they've been thinking and talking about since the campaign, right. this is a president who ran because of charlottesville. he saw white supremacists marching in the street and decided to run for president. it is something that he talk about the in his inauguration, bringing this country together. but then they also know what their up against. they're up against, you know, republicans that donald trump, the leader of the republican party continuing to push some of this hate fueled rhetoric and not carrying at times what ends up happening at the end of the rhetoric. so they're hoping to bring folks together and see what happens. but i will say cautious optimism is what i'll say about how they're feeling about what they're going to be able to do. >> it will be interest hear your report out of that. politico eugene daniels. thank you so much. let's bring in andrew ross sorkin. so the news that the housing sales plummeted to the lowest

rates in about 7 years crossed yesterday. i imagine high interest rates have something to do with this. >> absolutely. so we're seeing prices for july come down about 6%. those are on closings by the way which means people were buying or agreeing to the prices two to three months earlier, thinking june, may or april. so it is likely numbers that will be worse come when we sue numbers for august and september, and when we see the numbers for october. you're also seeing just the number of sales go down. down by about 20% thus far and that is having an impact on builders meaning they're not building as many homes, that has an impact on jobs. now the perverse part of it, we talked about it a million times on this program, is this is all a little bit by design. what the federal reserve has been trying to do is raise interest rates to slow things down and, guess what? it is working.

so in many ways this is what was supposed to happen, there are people hit across the board. for folks who own a home already, who have already locked in their mortgage, for 90% of americans this is not hitting them or 90% of homeowners, this is not impacting them because they don't have variable rate mortgage that is changed yet. but over time, and we'll see what this does to the larger economy later, there could be an impact. >> we'll see how long this goes on. you have to help me understand and our viewers understand this wild story about bed, bath&beyond. you have a 20-year-old math major at stanford, i don't know how a 19, 20-year-old bought a stake in bed bath and beyond and sells the stock and makes $110 million. >> bed bath and beyond has become one of these what they call meme stocks. if everybody remembers the

gamestop phenomenon, folks on reddit who decided these were companies that people have shorted, bet against the companies and say we are going to stick it to the man and we're going to buy what are kaulss options, betting that the stock will go higher and we could create a pressure point if you will that will actual push that stock up and create the sort of self-fulfilling prophecy. there were a lot of folks who bought into bed bath and beyond and in the same way and ryan cohen who is an investor who was the chairman of gamestop made a big bet on bed bath and beyond. and then a lot of his followers dumped into it and bought into it hoping that it would go up. he put three people on the board and bought stock options claiming that the company could be worth $60 to $80 at some point. this is when the stock was trading at $10, $14. well, ryan cohen saw that the

stock got up to $25, $30. he dumped his shares just yesterday. the stock is now down 40%. but in the meantime, there is a whole bunch people that got rich knowing when to get out. but unfortunately, as with all of the stories, willie, there is a lot of people holding the bag and unfortunately there are people all over online, mostly retail investors who thought i'm going to follow this guy ryan cohen in, i made money on gamestop and i'm going to do it again and they didn't do it again. >> i love the part of the story where you just casually mentioned the college student was able to escape together $25 million to get in the game in bed, bath and beyond. that is a different college student than i was for sure. >> i was trying to scrape together 25 cents. >> yeah. finding in the cushions in the dorm. real quick before we go. this apple security issue, which would be known -- what is known

about this. >> this is serious, everybody. and not a joke. if you have an iphone and you're watching the program right now, open up your phone, go to settings and there is a serious security vulnerability to your phone. do it with us. and what i want to you do is hit settings, i want to you go to general, and then i want to you hit software update, and if you have automatic updates on that is good but then hit download and install. sometimes you'll see a little red sort of diagram saying that there is something to update. you may have that an on your screen. still install is and press download and install. there are -- there is a potential hack attack that could allow folks outside of the networks to literally get under your phone. so do it. >> all right. andrew ross sorkin. a great public service. >> could i ask andrew really quickly. about home sales, home sales are

down, but we really find ourselves, especially younger americans, who are trying to buy their first home, find themselves in this terrible situation, home sales are down and that usually means that the market is better for people that are trying to buy. but in a lot of cities, home sales are down because there just aren't good options. all of the reasonable -- reasonably priced homes are gone. >> right. so the conundrum we're going to have now, and it is going to get interesting over the next 12 months to say the least, you'll have home price which will seem down and the cost of the loan is going to be extraordinary, which is one of the reasons that it is happening, and that at the same time you have less building so there is let inventory which will put more pressure on prices. so, this is -- it is a tough -- look, it is always a tough time if you don't have the money but

it is a tougher time with the circumstances we've created today. >> have a good weekend. we'll see you soon. coming up next, behind the scenes of emmy nominated hulo series "dope sick" and danny strong and peter sarsgaard join us next. n us next. i thought i couldn't get treatment yet? well, people may think that their contracture has to be severe to be treated, but it doesn't. if you can't lay your hand flat on the table, talk to a hand specialist. but what if i don't want surgery? well, then you should find a hand specialist certified to offer nonsurgical treatments. what's the next step? visit findahandspecialist.com today to get started. man 1: have you noticed the world is on fire? record heat waves? does that worry you? well, it should. because this climate thing is your problem. man 2: 40 years ago, when our own scientists at big oil predicted that burning fossil fuels could lead to catastrophic effects,

we spent billions to sweep it under the rug. man 3: so we're going to be fine. but you might want to start a compost pile, turn down the ac. you got a lot of work to do because your kids are going to need it. large out-of-state corporations have set their sights on california. they've written prop 27, to allow online sports betting. they tell us it will fund programs for the homeless. but read prop 27's fine print. 90% of profits go to out-of-state corporations, leaving almost nothing for the homeless. no real jobs are created here. but the promise between our state and our sovereign tribes would be broken forever. these out-of-state corporations don't care about california. but we do. stand with us. between two initiatives on sports betting. prop 27 generates hundreds of millions every year to permanently fund getting people off the streets a prop 26? not a dime to solve homelessness

prop 27 has strong protections to prevent minors from betting. prop 26? no protections for minors. prop 27 helps every tribe, including disadvantaged tribes. prop 26? nothing for disadvantaged tribes vote yes on 27. the good news is, the miss branding close is open and shut. everything we've compiled shows that produced systematically over sold the benefit and trivialized the risk of oxycontin. but it doesn't put us over the finish line because we haven't charged individuals in the top and putting executives into jail is the most effective way of deterring companies from this type of behavior. and you could find a company but you can't put it in jail. >> because the company feel those pain. i want purdue to feel some pain, so let's make a final push and shake every tree, financial records, call notes,

applications, marketing materials, see if we could find? hard evidence against top executives, let's go out there and do it. all right. >> that is peter sarsgaard in a seen from hulo's limited series "dope sick." looking the united states and the pharmaceutical giant that made billions of dollars by getting americans hooked. joining us now, the emmy-nominated creator strong and sars guard. guys, thanks so much for being with us. boy, if people haven't seen this series, i really hope they take the time to watch it. it is extraordinary. it's gut wrenching. and, danny, i think in many ways what you have done with this based on a book, of course, is sort of refrain in many ways the way people think about this opioid crisis and its victims. >> yeah. first off, thank you so much for having us and for all the kind

words you just said about the show. we really appreciate it. what you are talking about was a major goal of the piece was to redefine our understanding of opioid addiction. so many people look at it as these are people that are morally weak, that they're losers, failures, dropouts. when, in fact, such a massive percentage of people with opioid use disorder were prescribed it as a medication and became addicted to it quite quickly. you can be addicted to it in three days, very common for a week to a month. all of a sudden their brain is now hijacked by this drug. this is very much why we're in the situation that we're in now, which began in 1996 with the launch of oxycontin. it has exploded the last 25 years. >> yeah. some 50,000 overdose deaths a year in this country. peter, some extraordinary stats about opioids in america.

oxycontin is the brand most people know. in 1997, there were 670,000 prescriptions for it. five years later, 2002, 6.2 million prescriptions. and that's not by accident. so when you came to this piece, when you first started talking to danny about the book and this series, what did you know about the opioid crisis and what did you learn about it playing this role? >> well, i knew quite a bit. i had someone very close to me in my life who was addicted to this drug since kind of the late --. to this day, she still struggles. i did a documentary on epix. i went to dayton, ohio, and i met users and dealers and the police. and my eyes were really opened to the other side. i had just been on the side of,

you know, a family member who was dealing with somebody who was just struggling every day. and what the show really opened my eyes to was the government's culpability, the ways in which we have a lot of people in public office who are receiving contributions from big pharma. and are not acting in our interest, but are acting in the interest of the pharmaceutical companies. and it really made me angry. >> peter, you play the role of a real-life federal prosecutor who tried to take on purdue over oxycontin in 2002. tell us about the role and the struggles he was up against, the mountain he had to move to try to hold purdue accountable. >> well, yeah. like i said, this is a really david and goliath story. the mountain he had to move is

the fact that so many people in public office are, you know, they had them in their pocket. rick and randy -- you know, and i didn't actually choose to meet rick before i did this. a played a lot of real-life people. and i found that can kind of get in the way. like i said, i had so much personal stake in this story. and i'm -- when i heard that warren littlefield and danny were making this, i reached out to warren actually and then had a conversation with danny. because the fury that you see me trying to contain in that scene that you just watched is a personal one. i mean, they were -- even the settlement they got was really, in the end, not much. >> and, danny, for those who

haven't been impacted by this, the addiction is just so deadly. i had a friend who had addiction problems, who is a dear friend of mine. and he had gone through so much. but he told me, and this a very long time ago. we didn't really know about this stuff. he said, you know what, i have beat everything else. i won't be able to beat this. this is what's going to kill me. and he was right. >> i'm so sorry to hear that and for the loss of your friend. i have heard this countless times over and over again. it's just because of how dangerous this drug was. and this is the crime of purdue pharma, which is marketing a highly addictive narcotic as non-addictive. that was the original sin, the

big lie of what they did. then they never backed down. they kept doing it. then it became so lucrative that all these other distributors jumped on board. johnson & johnson, cardinal health. and now the litigation is absolutely endless. and one of i think the biggest tragedies of this case that we dramatize in the show is there were no indictments of individuals. and there still haven't been indictments of individuals in these other companies. and i think indictments of individuals is -- would be one of the biggest deterrents from these companies continuing this reckless, illegal behavior that they have been doing. because an executive realizes, wow, if i keep lying about this, if i keep sending millions of pills into these towns, i could go to jail. but it hasn't happened. so you just see the cycle continuing and continuing for the last 20 years.

>> no family in this country that has not been attached. "dopesick" is available right now on hulu. peter sars guard, danny strong, thank you very much. i hope you win every one of those emmys. >> it is with great sadness we report the passing of richard engel's son henry. >> reporter: he has faced tragedy and conflict across the world, but the news that reached richard engel while on foreign assignment one day in 2017 was like nothing he had ever faced. . >> i got back in this convoy, like, shaking. it was the worst day of my life. >> reporter: richard and his wife mary, learning their 2-year-old son had an extremely rare and in curable genetic

condition. >> i called you. i said we have a result. and i said it's not good. it's not just delay. it means life long, permanent, untreatable physical and intellectual impairment. >> reporter: as he physically grew, henry was unable to walk, speak, or efficiently feed himself. a tough journey was ahead. richard and mary chose to share it publicly. . >> we wanted to raise awareness. >> reporter: the worst days. >> i think it's the hardest that it's ever felt as a caregiver. physically, mentally worrying, the anxiety about what's going to happen with him, regression, what does the future look like. >> reporter: and they shared the best days. . >> ♪ swimming in the sea ♪ >> reporter: and those two unforgettable words. >> henry looked at me and called me dada for the first time just a few days ago.

incident was something i had been waiting for for years. >> reporter: physical therapy helped. briefly sitting up unsupported, a major milestone. richard and mary dedicated themselves to creating awareness of rett's syndrome. researchers studying his cells to one day help others. in may, richard tweeted henry had taken a turn for the worse but was home getting love from brother theo. richard and mary tweeting the crushing news that henry had passed away. writing, he had the softest blue eyes, an easy smile, and a contagious giggle. we always surrounded him with love, and he returned it and so much more. richard and mary's beloved henry was 6 years old. >> if you would like to support rett's syndrome research, you can donate in henry's name to

texas "general hospital". joe, this is impossibly sad. you see the light in the eyes of henry. he was such a beautiful boy. he was around the "today" show studio a couple of times. a lot of us got to spend some time around him. and you cannot say enough about the love and care that richard and mary gave that boy. he was a light. >> he really was. and you see the love of a mother and a father there. just immeasurable pain. >> they were generous enough to share it all with us and the fact that they got the love back and the joy they got from henry too. >> that does it for us this morning. jose diaz-balart picks up the coverage right now. good morning. 10:00 a.m. eastern, 7:00 pacific. which portions should be redacted after a