we decided redevelopment of pershing park. it is located just one block away from the national press club. you can see the picture on the upper left. that is an overhead shot. pershing park is bounded on the southern edge by pennsylvania avenue and up -- across the street from the department of commerce. it is between 14th and 15th streets and the northern edge of the park is next to the willard hotel and the occidental restaurant. it is a prime location. it is part of what is the most significant concourse the nations capital, pennsylvania avenue. from pershing park, you have a direct line of sight down to the capitol dome. it is one block away from the white house and treasury department. it is a symbolically important location, which is why was chosen in the first place as a memorial to john pershing. and it has received a lot of foot traffic for people visiting the white house and other sites in this part of town. it is located just a few blocks off the mall. it is a highly important location, one that we think merits a si

we chose to propose redevelopment pershing park. for those of you not familiar with the pershing park, it is located one block away from the national press club. you can see the picture on the upper left of this board. that is an overhead shot. pershing park is bounded on the southern edge by pennsylvania avenue across the street from the department of commerce. it is between 14th and 15th streets. the northern edge is pennsylvania avenue next to the willard hotel and the oxidant to restaurant. it is a prime location. what isrs one end of the most significant concourse in the nation's capital, pennsylvania avenue. from pershing park, you have a direct line of sight to the capitol dome. it is one block away from the white house and from the treasury department. a symbolically important location which is why it was chosen in the first place, as a memorial to john pershing and the american expeditionary force. he could receive a lot of foot people visiting the white house and other sites in this part of town. this is located a few bloc

great memorials in the city elected to john j pershing -- erected to john j pershing. aroundhe civil war, many the country established memorials to those who died and fought in their wars for stop -- in their wars. there is the statue of the confederate soldier on washington street in old town alexandria here. -- war. more memorial memorial is a local memorial to world war i. not until the 1970's that we began thinking in terms of national war memorials, and not to the generals, but to the common soldiers in our nations capital. the vietnam veterans memorial is a game changer in memorials in this country. a memorial on the mall to the everyday soldier who fought and died in that war. everve been backfilling since after the vietnam veterans memorial. then came the korean veterans memorial and world war ii. now here we are talking about world war i. the difference with world war i is there is no littering -- no living constituency. the last living veteran of world of i passed away at the age 110. there is not the representation of veterans in congress or on boards. it's

pershing, black jack pershing. >> guest: the end of world war i when he was born, the hero of the day and his mother wanted her son, her black baby to have this important names that would be commemorated of the big hero of the day. c-span: i looked him up and saw he tossed african-americans, general pershing did before he was involved in the war. >> guest: i didn't realize that. that is amazing. c-span: and he was so tough that they used the n word to define him and that crossed over to call him black jack and they meant that. a lot of soldiers thought he was tough and that was negative. >> guest: i can't say whether his mother was aware of that. i doubt she would have been. one of the things i write about this fall hole naming of a child was a special thing for these parents in the south because there was little else they could give their children. they didn't often have anything. they often had these imperious sounding names, queen, admiral, major, particularly militant, name them someone like ulysses from ulysses s. grant because that was a way of affixing greatness to their childr

pershing square has put out a statement which i do have here.ell you that i just got off the phone with bill ackman himself. he confirmed that neither pershing square or valeant took any steps towards a tinder offer before buying allergan stock. that would be prohibited under the law. you could not propose a tinder offer or take any steps whatsoever towards a tinder offer and then acquire the stock. so he tells me neither pershing square or valeant took a tinder offer before buying the stock. it was only after allergan rejected our three offers that we decided to launch an exchange offer. ackman speaking with me, confirming what this statement from pershing square says. now, valeant has made a comment saying, we are confident the trading was completely lawful as our reply to allergan's frivolous lawsuit will make clear. va valeant are also referring to the allergan lawsuit of earlier in the week or last week, accusing pershing square and valeant of insider trading. so that's the latest development, mandy, as we have it. statements from both vale

ida mae brandon gladden, george swanson starling and robert joseph pershing foster. tell us something about ida mae brandon gladden. where did she come from? did you meet her and why did you pick her? >> guest: she was from chickasaw county mississippi. she was the wife of a sharecropper will go where they were working the land of the plants are not counted just before the depression and once the depression hit they were still there. she was terrible at picking cotton and that was one of the things i was interested in. it turned out she was really bad at it and i was glad to tell you that. she had a wonderful way of incorporating both the south and the north into her psyche. she never changed her accent from the moment she arrived in chicago. she spent three times more years in chicago than she did in

going to allow it, and finally pershing prevails. and by march the 369th -- which they learned of their designation from the french -- is with the french. they train for a month, and then not long after they're on the front, the greatest episode in the history of the regiment takes place, and that is the so-called battle of henry johnson. >> henry johnson, yeah. >> and as i mentioned at the beginning in my introduction, henry johnson has passed an opportunity, his application for the medal of honor has passed an important hurdle in that the is secretary of the army has approved it, and now it's with hagel and the chiefs of staff. >> now, henry johnson's story, that story i'd heard when i was in albany because he was from albany, the state capital. and i remember a gentleman by the name of john howe organizing the elected officials to secure resolutions that were sent to the congress on his behalf to have them recognized and then eventually bill clinton gave him an award, a recognition. >> bill clinton, he got the purple heart in the

pershing said sure, as a fighting unit. they won the croix de guerre and they won every medal that's possible to win in war. they risked their lives. they never lost, like max says, a trench. they never lost a trench and they never lost a battle. >> harl emhellfighters. >> they came from harl em, in new york. new yorkers and the 369th was a black regiment. max wrote this book about them and it's a graphic novel. it's really beautiful. >> those things get really popular these days. >> and i think -- i'm not making this up. will smith bought it for sony pictures and they're going to make a wonderful movie of it. >> max signed up some good people, brad pitt, will smith. >> yeah, will smith, the best. this is a remarkable book. and max said give it to tavis and tell him -- i said yes? -- that i will sign it. i will autograph it to him if he puts me on the show. i said okay. >> hand that to me. >> you should see. he was just on conan. >> okay. max, max. we got it. we got it. somebody call max. get max booked on the show. you men

allergan doing what it can to fend off valeant an pershing square. latest on allergan filing in federal court. >> thank you, scarlet fu. house speaker john boehner cannot blame this on the democrats. he hit an unexpected roadblock before a planned vote on an immigration bill. >> it is time to play the yearbook game, which i am terrible at. and a media executive graduated in 1960. i need help. tweet me. ♪ >> you are watching "market makers." i am erik schatzker with alix steel. it was an embarrassing night for house republicans. speaker john boehner had to cancel a vote on immigration after a group of republican lawmakers surprised the gop leadership saying they would vote against the bill. there are signs this morning the law could be coming back from the dead. from cook is with us capitol hill and al hunt is getting ready for tonight's "political capital." what happened last night? and what might happen today? >> surprise, surprise. john boehner faced another republican revolt over the border bill with conservatives saying it was not tough enough de

and pershing square we don't want to pay the u.s. taxes and burger king now will no longer be a u.s. company but now you mention suicide consumption and that takes me to the next headline where i'm thinking well you know americans are it's just more and more of his personal income tax which is paying for the wars that americans love ok they they do love it and they love us they love all sorts of corporations including this now canadian corporation of burger king which they don't mind subsidizing so how are they going to generate more income and i thought a really good way to combine all of this sort of police state suicide consumption and all that comes in the headline from my t.v. suicide tourism numbers double in four years researchers finds a suicide tourism is on the rise experts said after they found out the number of people traveling to switzerland to take their own lives had doubled in four years now one of five of those are brits but i thought you know here we are you know america really specializes in suicide by cop and this

and pershing square we don't want to pay the u.s. taxes and burger king now will no longer be a u.s. company but now you mention suicide consumption and that takes me to the next headline where i'm thinking well you know americans are. it's just more and more of his personal income tax which is paying for the wars that americans love ok they they do love it and they love us they love all sorts of corporations including this now canadian corporation of burger king which they don't mind subsidizing so how are they going to generate more income and i thought a really good way to combine all of this sort of police state suicide consumption and all that comes in the headline from my t.v. suicide tourism numbers double in four years researchers finds a suicide tourism is on the rise experts said after they found out the number of people traveling to switzerland to take their own lives had doubled in four years now one of five of those are brits but i thought you know here we are you know america really specializes in suicide by cop and thi

pershing, became the first five star general in world war i. , thosea young lieutenant were all buffalo soldier troops. those were all african-american troops. one -- he was leading to go around montana and literally round of of all the half breeds, all the vagabond, from haven indians her down to great falls. .ver to missouri up the front range here. up and droveunded in a human cattle drive to great falls and place these people i'm on cattle cars and ship them up to alberta, canada. they drop them off. ran out of when they money, they forced march them on foot to the border. most of the folks came back. family grouping snuck back across the border and hid out along the front range here. they ended up back at the dumps. the same cycle, because they have no other options. that went on. that went on until 1916. that white -- outrage -- of indians not being on the reservations continued. , the fear of indians was gone. -- 1916.by 1914 wounded knee had happened. all of a sudden we are in the progressive era in american history, and all of a sudden there is a new compassion for the unfortun

it was a huge home run for pershing square.ard hughes is another big real estate play in lower manhattan. >> and general growth. >> general growth i think he is out of. i think that's mostly done. burger king, canadian pacific, howard hughes, air products. there is a lot going on. >> many of these are activist plays. some of these are plain vanilla. he bought air products. some of these are past mistakes, they're not all active stakes. hyman.k you, julie wrapping up with bill ackman. a pretty good year so far. " after "market makers, this break. ♪ >> it is 56 past the hour, which means bloomberg is "on the markets." on thea look at equities s&p, surpassing 2000 for the second day in a row. the dow jones industrial average rose above its record closing high. you look at these numbers, and they are just round figures. >> but it is worth taking a moment to ask yourself if they mean anything. could bebe 2002, it 2003, it could be 2004. or 17 145. where are stocks going next? >> they get a bad rap for being a bear. they saw 7% decli

the founder and ceo of pershing square capital management says he offers new shares in an ipo.he sound like a daring step for him whose activism against management like herbalife recently lead to nasty and very public battles, but are there some hidden advantages to going public? greg is joining a, is an activist investor. nice to see this morning. you know ackman, right? >> i knew him for a while. >> what do you make of this news? >> i think he clearly understands that now is the moment for activism. activist are making a big difference in the world and generating big the returns. institutional investors are capable of investing and allowed to invest in hedge fund structures but also interest on investorsf individual and smaller institutions to get in on the game, and this is the allow allow that and to for that. >> what about the tiny echtimin? >> over 10 years -- >>, on, greg, what about recently? >> actors are generally doing well. one thing that is clear is that it is a volatile strategy. it is not one of the things where you want to put your last dollar and hope that next

dow jones is reporting the securities and exchange commission is investigating valiant and pershing square's pursuit of allergan. the s.e.c. probe is said to be in its early stage and may not lead to any enforcement action. many things of interest here. the way that bill ackman and valeant teamed up from the get-go in this bid for allergan was roundly criticized as all of you know who have followed this story, that while at least -- while it may have been perceived to be legal under the current law, that the way that ackman was able to team up with valeant to acquire this big stake in allergan knowing a bid was eventually going to come, many folks have come on cnbc and questioned that entire process. it's also worth noting here that allergan has also filed a lawsuit, you may recall, alleging insider trading against valeant and bill ackman for the way that this was all sorted out. the s.e.c. has declined to comment. the other twist here is that while we're learning here from dow jones that the s.e.c. is apparently investigating here, one of the attorneys apparently consulted in this whole pro

makes it interesting starting to think about the prospects of a pershing square holdings ipo.you absolutely it would not, would not, be listed in the united states, offshore, yes, europe, potentially. so we'll wait for more developments as it relates to thats if it does in fact happen between now and perhaps later in the year as mr. ackman laid out in his letter. just an interesting twist on what is a developing story at this hour. >>> switch to oil. brent crude falling to a 13-month low today. more from jackie deangelis. >> good afternoon, scott. interesting here is that when you look at dti and brent, brent is actually falling faster despite the fact we are watching those headlines as they come out of the middle east, and when i talk about prices here i'm talking sort of globally and generally. we are trading slightly higher on both contracts today. anthony gra saunlty wants to talk what we're seeing, disparity between brent and wti. make sense of this for me. >> weighing on brent no effective production with the geopolitical problems especially habs in iraq. also weighing o

the company says they will scare oscale back production >> pershing and medical company based in lake forest to move headquarters to france. looking to buy part of the company. the world's largest maker of generic injectable drug used in hospitals. the deal is reportedly valued at $5 billion. >> the woman in utah suffered serious chemical burns. police say jim harding got a drink to go. when she took a sip her mouth began to burn. choose immediately taken to hospital. she is now critical condition. an analysis of the drink found cleaning chemicals that are mixed with the tea. >> an employee puts it and decide the droid thinking it was sugar. a man who saved a life. the police sergeant had been bonded by their encounter. the 24 year veteran of the new york police department. was called to the family's home. he delivered cpr to be lifeless child. >> it is just amazing. i'm called her american father. she is like the dollar never had. those about 20 years agdaughter and i never had. >> holiday has moved to the chicago area to attend nursing school. he is getting ready to retire from the

you met with president pershing can means and. also told us about. sending another humanitarian convoy and also. announced that they will continue their operations you. ask the militia to provide a humanitarian corridor or to avoid bloodshed there were also media reports about possible but tougher sanctions. russian servicemen were reportedly. on the territory of ukraine could you give us your words on the situation there what does the future developments in your view think. so let's start with our servicemen. i made a statement about that you know. ukrainian servicemen also found themselves in the russian territory and in a larger number of swans we had four hundred fifty servicemen than we had another sixty and another sixteen many of them with arens and some of them they went to russia and just said you know we were lost what we saw was that they were with armored vehicles well i do believe that they got lost we don't have clear dema cation in some of the areas. so i think it's a purely technical issue we discuss that with the president of ukraine

on wall street threatening to take pershing

every move was then it was during putin and pershing because first encountered two months ago in france and today will be much the same argy will be following their discussions closely throughout today to stay with us to month journalists who were detained in ukraine have been released they were a correspondent and photographer for crimea based newspaper unfortunately there's still no word on the missing photo journalist andrei stan then he disappeared in ukraine three weeks ago numerous campaigns for his release have been held across the globe backed by calls from the un or russia and international human rights organizations were posting updates on the search for under a stand in on a website r.t. dot com. american drones will be flying over the syrian airspace surveilling the position obviously stayed militants the move was approved by the american president in making it a possible precursor for airstrikes however washington made this decision without any approval from the syrian government as a still officially considers the us said to be an enemy but now there's mounting speculation

the russian president was all smiles ahead of the one on one with pershing go the ukrainian leaders face betrayed the fact he was probably a little less relaxed ahead of talks with a lot riding on them. it was a day of tough negotiations but the logic of the peace plan was supported by heads of state but ultimately though no real breakthrough came in attempts to end the bloody struggle in ukraine but after the events of recent months just the fact the leaders are talking is some kind of progress it is a ghost r.t. minsk. civilian areas remain in the sights of ukraine's army in the country's east with residential parts of done yet being hit on a daily basis here says it's only targeting rebel fighters the outskirts of the regional hub down yet scoured come under violent shelling once again paula slip she traveled there and she joins us live on the line now paula thanks for making it over there you've been are really our eyes and ears on the ground what can you tell us you witnessed there. well we spent part of the day in the cullen in ski region of dennett's now this is not far from the c

the russian president was all smiles ahead of the one on one with pershing go the ukrainian leaders face betrayed the fact he was probably a little less relaxed ahead of talks with a lot riding on them. it was a day of tough negotiations but the logic of the peace plan was supported by heads of state which. ultimately though no real breakthrough came in attempts to end the bloody struggle in ukraine some observers clean that's because the decisions don't all depend on president poroshenko western europe the western european bankers and . the european union have an agenda and their agenda is to plunder ukraine the united states government has an agenda too and their agenda is confrontation with russia to justify the expansion of nato and to provide markets for the us fracking industry so nothing concrete came from this meeting in minsk but after the events of recent months just the fact the leaders are talking is some kind of progress in the r.t. minsk. so wm areas remain in the size of ukraine's army in the country's east with residential parts of the lugansk being hit on a daily basis k

allergen suing valeant, bill ackman and pershing square for allegedly violating insider trading laws.ergen is fighting a hostile takeover bid. they allege pershing square bought allergen stock earlier in the year knowing about valeant's then plan for a takeover bid. it's taken valeant up more than $1 billion when they made the initial offer. joining me with more is mark lopresti, a lawyer that represents clients involved in these litigations. mark, thanks for being with us. do you think there's any merit to this lawsuit? >> good afternoon, kelly. thanks for having me back on. it's a very interesting case, because it brings forth allegations that are normally those that you would see in an s.e.c. enforcement action. and one of the questions we're going to see, or hopefully see answered as the case unfolds, is whether or not a private party in a very hotly contested activist battle is able to bring these kind of claims. but i think what it's really going to highlight is whether or not an activist's intentions as it relates to future plans for a target company can amount to insider tradi

not clear how the billionaire hedge fund maker is quare to take pershing s public.t takingbill his management company public. blackstone has done. an effort to raise permanent equity, which would be more akin to what phil falcone did with the harbinger group or did einhorn with greenlight. >> is this a surprise? >> i recall hearing that something like this might happen. it is coming from activist investor. activist strategies can blow hot and cold. you hope your investors are committed and willing to stay with you for a long time. hedge funds, unlike private equity, have to offer investors some equity. they cannot tie your money for seven years at a time. >> it makes them susceptible. >> this would give bill money to manage that he does not lose the risk of losing. ♪ >> live from bloomberg headquarters in new york. this is "market makers." ," goodket makers morning. it is almost noon. is a buzzword. it is a top priority for businesses. harriet is a reminder of how much of a priority it needs to be. hackers are getting more personal these days. yourng their sights on

the proposed location is pershing park in washington, d.c. currently, the park is a memorial -- site is immoral to general pershing. introducedion legislation to congress that passed in the house but is awaiting action in the senate. this event from the national press club is about 45 minutes. >> welcome to the national press club. we are fortunate to have mr. edwin fountain discuss the world war i memorial. my name is tony gallo. i am your moderator. i am with the national press club. memorial e eisenhower now. that has been going on for years. we have no idea when the eisenhower memorial is being built. we have several of the but not a world war i memorial. therefore, there is much excitement about this project.

the billionaire behind pershing square capital management picked burger king to rise and herbalife towas right on both counts. they gained $200 million yesterday. cost half ala could billion dollars. that is the forecast from the world health organization. died.eople have the death toll may exceed all a outbreaks combined. those are the top headlines. >> that really bears continued watching. >> it could spread the congo. >> this is a new strain. a the problem there is it is public health crisis. they don't have the resources. an important issue. the emmys last night, i knew no one. no one. help me here. >> hbo did not win is big. any of -- did not win the big categories. >> the dragon did not take the best i can. >> you can't claim that you don't know breaking bad. do not adjust your bow tie in front of me and tell me that you have never heard of breaking bad. >> i have heard of it. our best chart is on hbo versus netflix. even before the winners were announced, hbo was the big winner in term of -- arms of nominations. they have fallen behind netflix as of the second quarter of this y

in the past five years it's rare to see activist investor engineer a takeover attempt as pershing

this offering would enable the hedge fund pershing square capital management to raise funds that could be fully invested and not at risk of investor redemption. those are the top headlines. back to you. >> thank you. now to the latest on gaza. getting word hamas has agreed to accept a 72 hour extension of the cease fire agreement that would have expired at this hour with israel according to tv in gaza. the latest that you are hearing on negotiations and reports of rocket fire this evening? >> good. the palestinian representative in cairo, the main negotiators speaking a few moments ago have said hamas has agreed to a five day cease-fire extension. 15 minutes ago, quarter of an hour before the current cease-fire was to end three rockets have reported to land in israel. no casualties. an earlier rocket and our half ago that were confirmed by the israeli defense forces. very unclear whether this cease-fire will hold. whether the israelis will respond. and whether the five day extension will hold, we will have to wait and see. >> you spent time near the border in gaza where the rockets hav

and did he act system pershes at all. >> reporter: no one had any idea it was happening.ef said the charges are disturbing and emphasizing that 99.9 percent of the officers are trustworthy. >> they know that and they angers us that one of our people and one of our officers that people trust, and you know, to keep them safe is doing just the opposite. >> he had not been disciplined in his three year police career. >> thank you so much. >> two siblings are recovering after falling from a ferris wheel. the girl's crutches may have slip the out of the cab and caused it to tip over. michigan, witnesses say the 16 year old girl had a bandage on her knee and boarded the ferris while with crutches. she and her eight year old brother dropped out of the cab and feel to the ground. there was no mechanicical problems with the ferris wheel and the ride since reopened. >> washington, down pours and triggering mud slides in an area where recent wildfires stripped the land bare. crews are working over time to clean up the mess. california, an emotional sendoff for thousands of sailors he

. >> that's pershing. ♪ ♪ ♪ a million soldiers to the war have gone ♪ ♪ who may never return again ♪others' hearts must break for those who have died in vain ♪ ♪ it is in sorrow in her lonely years ♪ ♪ i heard a mother murmur through her tears ♪ ♪ i didn't raise my boy to be a soldier ♪ ♪ i brought him up to be my pride and joy ♪ ♪ and to place a musket on his shoulder ♪ ♪ to shoot some other mother's darling boy ♪ ♪ it's time to lay the sword and run away ♪ ♪ there would be no war today if mothers are would say ♪ ♪ i didn't raise my boy to be a soldier ♪ >> okay. there had been, as you know, a great wave of immigration into the country, beginning in the years after the civil war. people not from ireland, and scotland, and england, but people from different parts of europe. and there was a certain amount of resistance to them, as you know. there was a rise in nativism, what we came to call nativism, as people began to arrive. they were russians, and they were italians and they were poles and jews and romanians. and they weren't like us. over the next 50 years, they changed what "us"

this family is kaki, an off shoot, with routes in ancient pershe. this man is a school teacher. he said a lot that is written about the ka ky is wrong. they believe that god is imp, that's the important thing. >> translation: we believe in our religion. we'd never accuse anyone of being an infidel or payingon. we report all religions. they come from a largely christian city. none have militias. they relied on others for protection. his father said what they are suffering is historic. we have seen hunger, thirst and drought. we have experienced natural disasters, but never encountered such loss, a catastrophe as this. >> iraqi minor cities have been dispersed before. many expelled from their land. this time they fear their exile might be permanent. >> turning to ferguson, missouri. a rally supporting michael brown was held. violent protests have given way to peace. now the community is getting ready to mourn michael brown. diane eastabrook joins us live from the church where michael brown's funeral will be held tomorrow. it's been a day of reflection. >> it has. as you mentioned

the night before, there had been massive riot against the united states because we had put pershing two missiles in germany and elsewhere. george shultz called me on the phone and said, "will you tell the president that i share my department's objection to that speech, to the paragraph in that speech, and i hope you will convey my views to the president?" and as everyone on this panel knows, when a cabinet secretary does not ask for 10 minutes of the president calendar but asked you to convey the information, it means i have covered myself with the bureaucracy. [laughter] and if the line fails, and it is a major world crises, it is on your shoulders. we have all had that. president reagan and i were driving to the brandenburg gate in the presidential motorcade. he was reviewing his speech one more time, and he got to that paragraph, and he turned to me and said, "it is going to drive the state department boys crazy, but i am going to leave it in." "mr gorbachev, tear down this wall." ronald reagan basically ended the cold war and brought gorbachev to the table so we got a negotiation. [

bill ackman pershing square is use suing the u.s. government. i love it.m stripping fannie mae and freddie mac's profit illegally shortchanges investors in the common stock. he is with ralph nader on that one. >>> supervalu is investigating a data preach that might have affected a thousand stores. card numbers, expiration dates, cardholders names and other information may have been stolen. >>> facebook new messaging app failing to impress users. 949% have given the rating one star across all the app stores. >>> a start up for $200 million. south korean company joining competitors apple and google in the race to connect home appliances. >>> microsoft building a snapchat-like app for the new phone. time-sharing app is called wind up. that is today's "speed read." liz? liz: monster beverage soaring today as coca-cola take as 17% stake in the company, if you had listened as we do to our own charles payne you could have made big money. listen now. >> my main thesis for being investor in market this, year, last year they had $500 million in sales outside of the

it might've been in the newspaper, had to do with world war i when "blackjack" pershing made the famous line loss yet come we are here, meaning we are returning the favor of what you helped us are in the revolution. and it's a beautiful drawing. as the american dope boys with the tenets and one rifle and long bandanna landing on the coast of france. and then up on the cliffs is a ghostly figure of lafayette. and the voice coming out of the american troops, lafayette, we are here. the french historian told me that what lofty a chip responded was, yes, but did you bring your checkbooks? the reason for that is we never paid it back any of the loan that the british, i mean the french gave us against the british. we're talking millions of dollars which in those days was big money. never paid it back. interesting point to keep in mind when we get so concerned that other countries don't pay us back. let me tell you about probably what i think is the key point in the war where intelligence play such an important role. there's a couple of points, and if i time out how to go into another one, but

his pershing square hedge fund now suing the u.s. government over profits from fannie mae and freddie mac. meanwhile, the sec report he had i investigating whether ackman's pursuit of allergan violates insider trading laws. sort of bill ackman versus the world right now. he will take on all of it. what do you think? >> 20th lawsuit involved with fannie and freddie. this is lot of hedge fund activist managers are going after this much the real issue, has fannie and freddie paid all the dividends they owe back to the government and that will have to be decided in court. melissa: it is an interesting claim. they say the government is stripping profits from fannie and freddie unconstitutionally shortchanging investors. you laugh? i don't know. i think it is reasonable. >> it is ingenius, going after common stock and something different than the previous lawsuits with preferred shareholders. but i think it is, he is not going to win this suit. >> good luck, picking on the government. i wish him luck. melissa: herbalife thing didn't go so

the american commander, general john "blackjack" pershing, recorded this appeal to the home front, thoughtbe the first from a battlefield. >> 3000 miles from home an american army is fighting for you. everything you hold worthwhile is at stake. only the hardest blows can win against the enemy we are fighting. >> reporter: ultimately, more than four million americans fought, 116,000 died and 200,000 were wounded. worldwide, 17 million soldiers and civilians were killed in western and eastern europe, and on other continents. the death and destruction radically altered the maps of europe and the middle east, and the course of world history. in 1917, the russian revolution brought vladimir lenin to power, and led to the formation of the soviet union. the russian empire along with the austro-hungarian and german empires had dominated the european mainland before the war. all three collapsed and their territories ultimately became the states of modern day europe. the ottoman empire was divided into the nation-states including syria and iraq of the middle east. ever since, the redrawn borders hav

it had to do with world war i when blackjack pershing made the famous line, "lafayette, we are here," meaning we are returning the favor of what you helped us with in the revolution. and it's a beautiful drawing. it has the american doughboys landing on the coast of france, and then up on the cliffs is a ghostly figure of lafayette. and the voice coming out of the american troops is "lafayette, we are here." a french historian told me that what lafayette should have responded was, yes, but did you bring your checkbooks? the reason that -- the reason for that is we never paid back any of the loan the french gave us in assistance against the british. interesting point to keep in mind when we get so concerned that other countries don't pay us back on the aid we give them. i want to tell you about probably what i think is the key point in the war where intelligence played such an important role. there's a couple points here, and if i have time, i'll try to go into another one, but it was december of 1776. washington had just been swept out of new york be, he was pushed across new jersey.

an irish couple goes down to washington square to watch the troops march up fifth avenue when pershingich is what we associate with the 20s. freedom going over into license in terms of personal habits largely. margaret sanger brought the first diaphragm, smuggled the first diaphragm into the united states in 1916. and in the '20s diaphragm's became available to women. this is not a matter of technology. this is technology which creates the possibility and then theo y reality of major social changes. the spread of the automobile also affects sexual behavior. we now have lover's lanes. movies, teach generations of us how to kiss. kids used to practice. you used to go to the movies and the girls would practice kissing. it was not that they were lesbians, they were learning how to kiss by watching whoever, mary pickford or -- not mary, she wouldn't. the others. the vamp, what was her name? >> theta barra. you get these songs that reflect this change, at the same time, there's something going on that restricts out freedom. the dough boys come home and find they're not even free to take a dr

pershing square owns almost seven percent of the fast food chain. him and his clients more than $170 million richer. if you were to divvy it up, talking about 48 million. >> the question is it, how many maple bidips? >> stealing each other's customers. hard to believe t-mobile was talking merger. why john ledger is talking to us now. life just hours away from the other pro-football season. why it has seven -- millions of gamers playing madden. you can find us on your tablet. that half.v plus is streaming on apple tv and amazon fire. ♪ >> it is time for bloomberg "west" top tech and media headlines. the new group at superheroes harvell --rvel marvel karmic lineup carved outube first place of the box office. lineuparvel's comic cartel first place of the box office. uber's latest move. the start of the simpsons marathon with a ratings homerun run for the fx cable channel more than tripled the normal audience during prime time audience thursday. it ranks number one in basic 18-34.mong men the channel is showing all 550 two simpson episodes in order. the

this family is the kak quayeea, it's a mystic alt offshoot with roots in pershe. >> that man says a lotings written about the kak ky are wrongment the important thing is they believe god is everywhere. . >> translation: we believe in all religions, no matter which religion or selent. we respect all religions. . >> reporter: they come from a criton city. none of these minorities have militias. they rely on others for protection. his father says what they are suffering is historic we have seen hunger and theirs in drought. and experienced natural disasters, but never encountered such loss or catastrophe as this. ricky minorities have been disappeared and many expelled from their land. this time the exile may be permane permanent. a lot of people do want to go back to their homes. they are demanding a ray out of iraq. and are asking the united states to take them out. >> the u.n. condemned the target of minorities. >>> disarray in french politics after the country's prime minister resigned. french president francis hollande arrived the prime minister to form a new government. the second re

an irish couple goes down to washington square to watch the troops march up fifth avenue when pershingwere not only changes that resulted in greater freedom, which is what we associate with the 20s. freedom going over into license in terms of personal habits largely. margaret sanger brought the first diaphragm, smuggled the first diaphragm into the united states in 1916. and in the '20s diaphragm's became available to women. this is not a matter of technology. this is technology which creates the possibility and then theo y reality of major social changes. the spread of the automobile also affects sexual behavior. we now have lover's lanes. movies, teach generations of us how to kiss. kids used to practice. you used to go to the movies and the girls would practice kissing. it was not that they were lesbians, they were learning how to kiss by watching whoever, mary pickford or -- not mary, she wouldn't. the others. the vamp, what was her name? >> theta barra. you get these songs that reflect this change, at the same time, there's something going on that restricts out freedom. the dough