david: so where did the name elliott come from? paul: my middle name. david: ok. so that was hard to find, that middle name, or did you think of any other greek names or roman names? you just thought your middle name? that was the only name you considered, or-- thought it was better than paul. david: ok. when did you realize you were really better than te average guy doing thnds of things? i never thought of it that way. i was completely determined to just make a rate of return, really, recapture my parents' money that i had lost previously, and keep finding ways to pursue that goal of absolute retu sat a time when convertib were , everaged, and more competitive. david: the core of what you do, you call it a macro nd or a value fund? what would you describyour inv? some people call what we do multi-strategy. others call it absolute return. as close as le to all the time. what we've done over the years in pursuit of that goal, as vanilla convertible hedging became uninteresting, was add other ways of generating absolute return to the mix. for example, we-- i came t

david: how are we going to do that?l: of all the categories, the one that has gone better than i would've expected five years ago is this work to make artificial meat. you have people like impossible or beyond meat which i invested in. david: do you eat it as well? do you like it? bill: absolutely. you could go to burger king and buy the impossible burger. david: is it healthier for you? bill: it is slightly healthier in terms of less cholesterol. it is dramatic reduction in methane emissions, animal cruelty, manure management and the pressure that meat consumption puts on land-use. david: are electric cars a solution? bill: absolutely. if you look at the transport sector, passenger cars with another factor of two to three in battery improvement which is possible, the mainstream for passenger cars can become electric. you have to make that transition. you've got to scale it up and make sure electricity is zero emission. but for trucks and planes, there is almost no chance the batteries will be good enough. you will stil

david: so, you're at juilliard. you're playing with other people, and then you decide ultimately to go to college at harvard. yo-yo: the fields i was most interested in were anthropology and archaeology. and you may ask why. david: becauseechey both start with aau you liked the "a"s or-- - exactly! before getting to the "b"s, there was, you know--so... you'o clever! and so, the thing is, i was a very confused child cause when you move, you know, everything-- all the things that you hold to be sort of solid and true visualu know, emotionally, often, but certainly in terms of habitsnd people, it all changes. you know, the rules are dierent. people say different things. and so it was, you know, a lot of our french friends couldn't understand why we would move and certainly, a lot of americans thought, you know, this is the best country in the world. my parents kept telling me, "chinese culture-- so incredibly important." so i was kind of befuddled, because, you know, nobody can be-- you know, not everybody can be right

[laughter] david: all right.ow, the largest companies in the world and in the united states today are technology companies -- apple, facebook, google, microsoft and so forth. do you worry that there is too much power and too much data in the hands of these technology companies, and are you surprised the government has not done something more than they have today about this? bill: well, technology has become so central that government has to think ok, what does that mean about elections? what does it mean about bullying? what does it mean about wiretapping authorities that let you find out what is going on financially, or drug money laundering and things like that. so yes, the government needs to get involved. i, for the early years of microsoft, bragged to people that i did not have an office in washington, d.c. and i eventually came to regret that statement because it was kind of almost like taunting washington, d.c. and so now the technology companies -- partly because of the lesson of microsoft -- they could h

david?ark. thanks so much, a sharp downturn in manufacturing and weakening service sector numbers do not seem to of hit jobs very hard, at least not yet. everyone is at least concerned about the growth of the u.s. economy. we welcome david mcintosh, president of the club for growth. great to have you here. the numbers seem to be coming down. we are not continuing the breakneck pace. how concerned are you about the jobs numbers? david m.: i are not concerned with these. i think they showed a steady report. if you look at the annual average, about 160,000 jobs each month. that is 60,000 more than we saw during the obama years, when it was a flat economy. we are still adding jobs. the unemployment rate hit a historic low. in political terms, that is helpful to president trump, it gives him leeway on the economy, at least with the average american. for the markets, i think what it did it show everybody we are not on the precipice of a collapse. we saw the bounce up today in the markets. what tha

david: you must've gotten a lot of attention for your exercise routine. >> [laughter] david: when didt start? are you still lifting weights or whatever you are doing? jus. ginsberg: as recently as tuesday. [applause] jus. ginsberg: i have been with the same personal trainer since 1999 when i had my first cancer bout.-- cancer after dear husband said going through surgery, chemotherapy, radiation, i looked like a survivor of auschwitz. he said you must do something to build yourself up. get a personal trainer. started, in 1999. so absorbed in my work i don't want to let go. but when it comes time to meet my trainer, i drop everything. as tired as i may be in the beginning, i always feel much better when we finish. david: did marty's mother ever give you any advice? jus. ginsberg: she gave me wonderful advice. we were married in her home. and she said, dear, i would like to tell you a secret of a happy marriage. ♪ david: ok, so you met your husband marty. for 56 years.ed you met him at cornell. jus. ginsberg: i met him when i was 17 and he was 18. david: what is the likelihood of a woma

all right. ♪ david: i don't consider myself a journalist.ody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? when you went to cornell, your grades were obviously good. you applied to law school at harvard. you got into harvard law school. was the class half women and half men? [laughter] jus. ginsburg: in those ancient days, i went to law school from 1956 and 1959. in my entering class at harvard law school, there were over 500 in the class, nine of us were women. a big jump from marty's class, he was a year ahead of me. there were five women. today, harvard law school, it is about 50% women. [applause] david: in your harvard law school class, you did extremely well and got onto the harvard law review and you were near the top of your class, maybe first or tied for first in your class. when your husband neededm to new york, you wanted to transfer to columbia law school

david: ok. on disease, do you think it's possible to eliminate all heart pro by diet, exercise, and statins? francirt disease has a strong genetic component. if you're somebody in a family where heart disease has happened, that's something that probably could apply to you. olesterol is certainly a big risk factor. if your cholesterol is in that range up above 200 and, increasinglre saying maybe even below that. reducing it clearly reduces the likelihood of a heart attack, and so it's worth doing. so more and more people aring this recommendation about statins. it's particularly important for somebody ta who's had a heart and doesn't want to have another one to get on a statin and to really manage their cholesterol very tightly. that clearly is one of the reasons why people are living longer. david: so that do you think is single greatest health challenge the united states faces today? francis:now right now, it is the opioid crisis. i'm spending a huge amount of my time working with tector of the

david: that is a fund of $1 billion. bill: right. david: you put in $250 million. so can $1 billion make that much of a difference? bill: $1 billion, it has actually been very catalytic. so far, they have 20 investments. late next year, we will probably raise another $1 billion to $1.5 billion. you know, this is all about innovation. so right now, the premium -- if you said ok, you have to make steel with no emissions, that will cost you four times what still does today. your electric bill would double if we take the technology we have today. so yes, supporting those companies and drawing other investors in. one thing breakthrough energy has done is got a lot of investors. green investing did not go well in the first round. so it looked like the field that might evaporate to some degree. because b.e. has been able to bring a depth of understanding, they have been able to invest. the first $1 billion will be fully committed in the first year, but we have other investors. that has gone quite well. the technology -- they only invest in companies that have a chance of

>> do you know david camm? >> no. >> you ever met david camm?amm's family? >> on television, yes. >> do you know where david camm lives? >> only on television. i don't even know what his address is. >> reporter: the interrogation went on for some 12 hours with boney sticking to his story. the detectives released him with a warning. >> make no mistake about it, if anything else links you to it, you're done, stick a fork in you. >> now see that would normally worry me. i wasn't there. >> reporter: then, two weeks after letting boney walk, there was something else. something big. >> "early, uh, yesterday morning, i was notified of some uh additional scientific evidence, uh, that linked mr. boney to the, uh, to the homicides." >> reporter: the prosecutor revealed that a palm print found on the exterior passenger side of the bronco doorframe was left there by none other than charles boney. investigators had been aware of the palm print for more than four years but only now did they know whose it was. boney was hauled back into the interrogation room

david: you have any grandchildren? jus.erg: i have four grandchildren, two stepchildren and one great grandchild. [applause] david: what do your grandchildren call you? rbg? [laughter] jus. ginsberg: i am a jewish grandmother so i am called bubbie. david: you were flooded with job offers from the major law firms? [laughter] jus. ginsberg: there wasn't a single firm in the entire city of new york that would take a chance on me. ♪ sometimes your small screen is your big screen. and with the xfinity stream app, which is free with your service, you can take a spin through on demand shows, or stream live tv. download your dvr'd shows and movies on the fly. even record from right where you are. keep what you watch with you. download the xfinity stream app today and get ready for xfinity stream tv week. watch shows like south park and the walking dead october 7th through 13th. viviana: coming up on "bloomberg best," the stories that shaped the week in business around the world. signs of a global slowdown multiply. u.s. manufacturi

david?: ed rendell has won his share of races, from district attorney and then mayor philadelphia and then governor of pennsylvania. this time he is rooting for his friend, joe biden. we welcome governor rendell coming to us from philadelphia. thanks for being with us. gov. rendell: my pleasure. david: you've not been secret about your support for vice president joe biden. one of the questions was whether anybody would ask about his son, hunter biden. that was put to rest pretty early on. this is what the vice president said. >> my son did nothing wrong. i did nothing wrong. i carried out the policy of the united states government in rooting out corruption in and around ukraine. does that put it behind him? gov. rendell: donald trump will never but it go. if joe biden is the nominee the day before the election, he will be talking about it. donald trump can only win by deflecting election away from himself. he cannot call joe biden a socialist. joe biden is a moderate, middle-of-the-road poli

david: great point.an vice president biden really get the nomination by saying you want a third obama term? that is what it sounds like on the debate stage. >> the problem for joe biden is that may have worked in 2016. i am skeptical about it now. the energy of the democratic party has changed. it is much more progressive, much more liberal. he is claiming he can keep that coalition together. i am not sure he can re-create it or keep it together. i think for the president, he would have a tougher time running against elizabeth warren or someone who he has not found his footing in terms of running against. david: does joe biden have a money problem? >> i think he does. look. we are seeing these national polls. we have seen reporting. look at the beginning of the race. iowa, the caucuses, he is way down in the polls, number 3, 4 behind warren, buttigieg, bernie sanders. he has a money and an early state problem. david: to that point, but one person who seems to not have a problem is pete buttigieg. >> he i

david: ok. so i practiced law in new york initially, as well, and i practiced law in washington-- paul: sad to hear it. david: so when i gave up the practice of law mto go into business, her said, you know, "you went to law school. "what are you going to do? you don't knthing about business." what did your mother say when you said, i'm going to give up the practice of law"? id, you know, what? paul: "can you earn a living?" [laughter] dao you started, and you worked out of your apartment, and you had the $1.5 million from friends and family, so what was the strategy that you used to get off the ground? a tiny bit of context. my dad was a retail pharmacist, and after i started attending law school, he said, "well, you have to learn how to be an investor." and he and i traded tiny amounts of tech stocks and mining stocks together. li,000 of this or $5,000 of this, so i became very, very interested in markets and in trading, in the period of time from 1967, 1968 througd 1974, he and i found just ab

i'm david asman in for trish. breaking tonight, a source confirming to fox that a career state department official overseeing ukraine policy told house investigators he raised concerns all the way back to early 2015 about vice president joe biden's son serving on the board of an energy company in ukraine. but he was turned away saying the vice president was preoccupied with his other son's battle with cancer. joining me now is house oversight committee member south carolina congressman ralph norman. is this worth investigating? >> absolutely. you look at what the democrats are doing to this president with trying to impeach him behind closed doors. the fact that a state department official would say this -- it's interesting "the washington post" had it was a staffer. the buck stops with the boss, the boss was joe biden. he was the vice president. it wasn't a staffer making that decision. but absolutely ought to be explored and get the details on it. it will be interesting if it's pushed at all. but it should be. da

david? david: thanks so much. coming up, president trump up against the democratic house at every turn. what does it mean for his presidency and the 2020 race? we talk with our political panel. that is coming up next. this is balance of power on bloomberg television and radio. ♪ gut sense is democrats want to impeach, period, and i think we will see acquittal in the senate. the politics will overtake. david: that was former republican house majority leader ing a taker giv yesterday about where the impeachment inquiry is headed from his point of view. we welcome our political panel. basil's michael and kelly sattler. before we get to impeachment, which is the subject we want to address, we do want to mention defense secretary is speaking right now about extending 1800 sending 1800ut troops to protect saudi arabia. we have seen this before we we have a president under investigation for impeachment. how much more complicated does it get? unfortunately this impeachment move is purely political, driven by nancy pelosi,

david? david: thanks, mark.tina has a new government, bolivia has a disputed presidential election, and to lay has experienced a week of protests, causing the president to cancel the apec summit scheduled for next month. eric farnsworth. let's start with shuai, we had , we hadwith chile that cancellation of aipac. this is what was said in part. >> fundamentally, these are all people who feel that the system is not working for them, and it is the establishment in office and the elites they are connected to. david: this was triggered by a proposed increase in fares on mass transit down there, and i have also read it is more the middle class that are behind it rather than the thoroughly downtrodden. right.hat is absolutely thanks for having me back, david. it seems to be a season of discontent across much of south america anyway. what started the chilean highernd protests was a fare on public transport, which has now ballooned into a protest against the economy. the president has had difficulties trying to on that

david: raising children is difficult. kennedy said if you mess up raising your children, nothing else matters. you have three well-adjusted children. how do you avoid spoiling kids like that? bill: i think that is a huge problem. our kids have benefited from having a great education and opportunity to travel. they are very lucky in that sense. making sure the visibility and the way people treat them is natural. so far, they have handled it well. melinda is the one who deserves almost all the credit for the kids so far doing very well. our kids, we have said to them, the money is going to the foundation and they do not think of themselves as aristocratic. david: do they say, can you give me a little bit? [laughter] bill: they will get a little bit. david: how much has your foundation given away? bill: about $40 billion. david: if people say, i want to do something about climate change but i am just one person. what can an average person do that has some impact on climate change? bill: certainly, they can take things like t

david: david: would we pay attention to it? of us in the real world get all of these agreements online. i frankly don't even look at them. click at the bottom, except. do we think consumers read that stuff and make an informed decision? consumersink what will elect to see is some standardization of those terms. if you knew that this was a type a, b, or c disclosure, where it says use my data for whatever you want. use it only for the transaction that we are about to engage in, and then throw it away. type b was a more nuanced one that allowed the company to use it for a limited use. some simple set of options like that are at the limit of what a consumer would like to deal with. i would hope the regulators and industry starts to encourage more standardization of those terms and conditions. david: take us behind the scenes. we heard from mr. zuckerberg and others that they think the time has come for regulation. are they working with you behind the scenes, is facebook being cooperative in thinking through these things in a respo

david: do you have any grandchildren? jus.erg: i have four stepchildren, two grandchildren and one great grandchild. [applause] david: what do your grandchildren call you? rbg? what do they call you? jus. ginsberg: i am a jewish grandmother, so i am called bubbie. david: the harvard and columbia law review, you were flooded with job offers from the major law firms? jus. ginsberg: there wasn't a single firm in the entire city of new york that would take a chance on me. ♪ scarlet: i'm scarlet fu. this is "etf iq," where we focus on the access, risks, and rewards offered by exchange traded funds. ♪ scarlet: escalating the price more. charles schwab shoots down the fee-based business model that it helped to build. it has moved to zero commissions on equity and etf trading. seeking return and stability. kelly ye makes the case for an actively managed high-yield low volatility fund. china's communist party celebrated

david westin. welcome to "balance of power," where the world of politics meets the world of business. on the brief today, stephen engle from hong kong on violent demonstrations on the anniversary of the people's republic of china. from the white house, kevin cirilli on the widening impeachment inquiry and from london, edward evans on prime mr. johnson's plan to get a brexit deal. where do things stand in hong kong right now? stephen: it is an extremely difficult situation to encapsulate in a minute. so many issues at play. what i can tell you is what happened today. it is october 1. that means it is a national day in china. the 70th anniversary of the founding of the people's republic of china, and the protesters wanted to send xi jinping and the leadership in beijing a message. they do not want the further perceived erosion of their rights protected under the basic law after the handover for 50 years. look at what has happened. there has been running violence with the police and violence. police d

david: many people say to.l: once you pick what you care about, if somebody has something that can make a difference in global help, we're super interested. and we have a staff of 1,500 people and if it's to do a global health, some of those people will come out and talk through with you whether your innovation is and how we can partner with you on that. so that's clearly in our area. if it's something that can substantial improved k through 12 education, then we're going to be very interested in it. if people are asking outside of easy to things, fortunately, you can say no because focus is key. the philanthropy. david: so people have recognized over the years that raising children is difficult. jackie kennedy said if you messed up raising children, nothing matters. you have three children. seem to be well adjusted and you've kept them out of newspapers and so forth. how do you avoid spoiling kids like that? bill: i think that's a huge problem. obviously, our kids had benefited from having a great education an

rachel: this is david. david: hi. i'm david. hello. athena: hi, david.was to have athena take rachel through the commercial baking process, for her to see the efficiency and how the cost could be lower. but instead of rachel having an open mind and learning... rachel: i use fresh eggs, so i don't know if you -- athena: eggs come pasteurized in boxes. rachel: oh, oh, no. so, we use the fresh, and we have a machine that cracks them all. lemonis: ...she's arguing about the eggs... rachel: i have tried those eggs, and they don't taste as good. athena: no one will taste the difference. rachel: all right. we'll see. we'll see. lemonis: ...and the butter... rachel: i use salted butter, by the way. athena: you do salted butter? we're gonna get rid of that. rachel: no, it makes it so good, i'm telling you. athena: but you don't want to add that to -- you can control it. rachel: i know! i add it, too. i add salt, too. lemonis: ...which doesn't sound very constructive to me. athena: we're gonna do two versions of this. lemonis: we're gonna do her version and your v

david? david: thanks. coming up, one of the big issues addressed by some democratic candidates for president is the possibility of a wealth tax. we talked with the professor who is advising senator warren and senator sanders on their plans. this is balance of power on bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television and radio. i am david westin. the democratic debate tonight builds on positions candidates have taken an earlier debate. we welcome from washington, laura davidson. welcome. to what extent do we expect economic issues to be front and center tonight? laura: so far in the debates they have been at relatively low level. we have seen skirmishes between candidates about whether their plans would raise taxes on the middle class, but tonight we could see discussion on the middle class. bernie sanders came out with his plant, and it is a lot like elizabeth warren's, just bigger and larger and would tax more wealth. that is where you could start seeing warren a

david: that is a fund of $1 billion.ou in 250 million dollars. -- you put into hundred $50 million. we will probably raise another 1.5 billion. this is all about innovation. withu have to make steel no emotions, it would cost you four times -- with no emissions, it would cost you four times than it does today. supporting those investors, investinggh energy -- did not go very well in the first round. it looked like the field did -- because being able to bring in a depth of understanding to these things, not only have they been able to invest, the first billion will be fully committed within the next year. we have other investors. that has gone quite well in the technology, they only invest in companies who have a chance of reducing greenhouse gases mesh -- gas emissions by half a percent. they have found 20 and i am sure they will found -- find another 20. david: i am the smallest investor in that fund. am i going to get my money back? bill: of the things you invest in, it is probably one of the higher risk things. it is

david: how far are you along the process? david a.: from the automation standpoint? david: yes.avid a.: i will give the u.s. as an example, we are probably getting about 70% of our packages through our automated systems. within the next year and a half, we will be very close to 100% of the targeted volume. we are progressing rapidly. automation system, a little better. that is the exciting part. david: you also made news in the c suite because your chief operating officer stepped away. every successful company has a succession plan. was he part of your succession plan? david a.: jim has done an excellent job. job. it is sort of a natural progression that a lot of us spend our entire working career at the one company and jim has done that. he has accomplished a lot. i have the ceo for five years. our plan started right after i started. it was a nonstop thing. we do not talk publicly about who may or may not -- we have a deep bench and we have a good group of management. our leadership team is in good shape. i can tell you that. david: i was not asking you to name names, but what

david: welcome back, everybody. it's time for trending with shiver with david.e now is advisory board member madison, great to see you. it's a historic day for nasa, astronauts christina cooke and jessica moore completed an all-female space walk with president trump taking part in the celebration. let's take a listen. >> station, this is president donald trump. do you hear me? >> we do hear you. >> that's great. [laughter] david: i think it's very cool, don't you? >> it's awesome. talk about girl power. this is the first ever all-female pace walk, and it's the first time since 1969 that a sitting president talked to astronauts outside of a spacecraft. that was pretty cool for the two astronauts, and i know people across this country are proud of these two women. david: we are, indeed. good stuff. meanwhile, something we may not be as proud of, nba commissioner adam silver says china asked him to fire houston rockets' general manager daryl maury for speaking out in favor of the hong kong protests. this is extraordinary. and then the chinese say, no, we didn't do

that's great thanks david. david: thank you very much.n just releasing a sweeping labor reform platform , we're going to look at the impact on businesses, and the economy, coming next. announcer: fidelity is redefining value with zero account fees for brokerage accounts. and zero minimums to open an account. at fidelity those zeros really add up. ♪ maybe i'll win ♪ saved by zero if you have postmenopausal osteoporosis and a high risk for fracture now might not be the best time to ask yourself are my bones strong? life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®. only prolia® is proven to help strengthen and protect bones from fracture with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it or take xgeva® serious allergic reactions, like low blood pressure trouble breathing; throat tightness; face, lip, or tongue swelling rash; itching; or hives have happened. tell your doctor about dental problems as severe jaw bone

i'm david asman in for trish tonight.ouse intel committee chair adam schiff saying nothing to see her. schiff claims there is zero reason for the american people who kicked off this whole thing. take a listen. >> our primary interest is making sure that person is protected. there is more than one whistleblower, that they are protected. given that we have the call record. we don't need the whistleblower. we'll make sure we protect that whistleblower. david: the whistleblower's identity is another in the long lift of secrets in the democrats' impeachment push. the republicans have had enough and they are calling them out. >> they leak out selectively the thing they want for their narrative. our position is the american. you should know about all of the facts. >> the tragedy and the crime here is that the american people don't get to see what's going on. louon.dave will be congressman louie gohmert joins me. i understand one of your colleagues matt gaetz was kicked out of a committee hearing by adam schiff today. tell us wha

david: from new york, i'm david westin. 2/1i'm david westin. word news, we go to ritika gupta. pro-democracy demonstrators urged people to celebrate halloween by wearing masks in defiance of a government ban on masks. clear not immediately whether there had been violence between protesters and offices are anybody had been arrested. in southern california, more than a dozen brushfires have broken out. the biggest in your the ronald reagan presidential library. in northern california, firefighters are gaining the upper hand on a fire in one country. it has burned down more than 76,000 acres and has destroyed dozens of homes. transcanada energy's keystone pipeline we can estimate of 383,000 gallons of oil in northeastern north dakota. regulators discover the leak earlier this week, and the pipeline has been shut down since. million gallons a day. some wetlands were affected but no sources of drinking water. resuming hismp is social media attacks on the federal reserve after a -- casting doubts of a trade agreement with the administration. the pres

david: quickly.have president trump coming up, the doj investigation, turning criminal, if in fact that story is true, some people say the doj can't investigate itself which is what it might be doing. what do you say? >> it can. there are two options. one, to have career attorneys at the department of justice investigate wrongdoing by agents, for example at the fbi. or, the attorney general can appoint a special prosecutor. either way, it is absolutely essential that if there was wrongdoing in the issuance and obtaining of a foreign intelligence surveillance act warrant on u.s. citizens, that we get to the bottom of it. and i think bill barr, my namesake as attorney general, is absolutely correct in pursuing that. david: congressman, forgive me. the president is speaking. this is from moments ago. let's listen in. >> the economy is booming. we have a new record in sight. could happen even today but we have a new stock market record. i think it will be about 118 times we've broken the record. jobs loo

david: some people are afid of ai. they think it will lead to things that are not good, and you're not as worried about that. i feel very strongly that it is gonna solve more good than bad. it's partly why i said we called it "cognitive." it's also, though, why we felt really strongly and at davos this year published a set of principles for ai. because as one of the makers and the founders of this, i t's important we guide technology safely into the world. one is being clear on its purpose. it is to augment what people do. t me just--to be sure everybody understands. so, as an example, we've come so far since the game show of watson and "jeopardy!" but today, it's about, as you know, all the work we've done on oncology. we will now--watson will have been trained to diagnose and treat what causes 80% of cancers by the end of this year. we'll be up to, by the end of the year, 100,000 patients. it is rolling out in china. it is rolling out in close to 20 other countrieg around theorld. hackensack, in new jersey here, is g

i'm david westin.a has a federal election coming up today. federal analyst michael bociurkiw grew up in ottawa and spent his career studying canadian politics. great to have you. we want to talk about the polls today because there is an election going on but it seems to be pretty and between the two principles. michael: exactly. among thing that distinguished the campaign was the two main parties, the liberals and conservatives, were they connect. that was a big difference from 2015 when justin trudeau swept over our. yesterday, last time i looked, they were pretty and i can that. conservativesthe , justinndrew scheer trudeau 11 down, we probably will not know until late tomorrow morning. in the old days, used to be able to know how the election would turn out by how quebec and ontario voted, but now it could be up to british columbia to decide this time around. david: typically, we have two candidates, sometimes a third. now you have two leading candidates but also three others on the ballot who could

david: wow. jus.sberg: she said, ruth, you have your chemotherapy on friday, that way you will get over it during the weekend, so you can be back. [laughter] david: now, the best way to win a case if you are arguing one before the supreme court is to write a great brief, to write a -- be a great oral advocate. does the oral argument make a difference or the brief or what is the best way to win a case in the supreme court? for somebody who might want to argue a case. [laughter] jus. ginsburg: to have a case that is strong on the merits. an oral argument at the court is not a debate. i would say of the two components, the brief is by far the most important. it is what we start with and what we end up with when we go back to chambers. oral argument is fleeting. david: if somebody wants to be a supreme court clerk, do you send in a letter applying or how does that work? [laughter] jus. ginsberg: we get hundreds and hundreds of applications. ♪ david: the court meets from october until june, more or less. w

david: i am davi david aldrich - david asman. ukraine company, but critics maintain he has been profits off his father's name, he does not dispute that charge. >> you don you didn't have extee knowledge about natural gas or ukraine. >> no, but i had as much knowledge as anyone else on the board. >> if your last night was not biden do you think you would have been asked to be on the board. >> i don't know, probably not, i don't think that there are a lot of things that would not have happened in my life, if my life last was not biden. david: does his admission announcamountto at least appearf conflict of interest. >> he said it himself, been trading off of the biden name since the begin of time. u.s. naval research program on a waiver, and discharged for testing positive for cocaine, and on the board of the ukrainian company with no other qualifications than having last name of biden, maybe he is not clever enough to realize all of the issues in conflict of interest, but his father who has been in government pretty much since the

david: from bloomberg world headquarters in new york, i am david westin. welcome to "balance of power," where the world of politics meets the world of business. on the brief today, kevin cirilli from the white house on the death of big daddy -- al-baghdadi and what it means for president trump. from london, what premised are johnson will do with that brexit extension. kevin, let's start with you. pretty dramatic yesterday morning. i am sure we were all gathered around our televisions. what does it mean for president trump? kevin: for president trump, it means two things. first, from a foreign standpoint, the president declaring victory, saying with the killing of abu bakr that isis is on the retreat. at the chicago chief of police summit, the president also sang another president should have gotten that done. meanwhile, the president has faced increasing criticism with regard to his decision to put troops from northern syria. that comes at a time when the president has also remarked about having a permanent cease-fire. then, domestically, it comes at a tim