this is what adelson says made him stand out among other casino tycoons. was listening to you speak, and you mentioned you wanted to build a las vegas in macau, if you could just pick it up and move it, you would. how come no one else saw that? >> i guess that is what visionary is made out of. >> people thought you were crazy. >> of course. i have been in dozens of businesses. every time i go into business, everybody thinks i am crazy. nobody wants to recognize that doing something different than what people do routinely is viable. nobody wants to recognize that. the only way i could prove it is to do it and succeed. >> adelson did not just succeed. he dominated. his first resort, the sands macau, was so successful he made back the $265 million investment in the first year. >> 30,000 people showed up. more than 30,000 -- we do not have the exact number, because when they came in, they knock the doors down. >> he went on to build a massive hotel. and the 2900-room venetian macau. he plans on adding another property to be completed by the end of 2016. bringi

betty: that is not how adelson sees it.ldon: she doesn't like that we are a competitor in the ferries. i can't say that i am the ferry expert of the world, but because she got bitter over the competition, so she has been bitter all this time. betty: coming up, the clash of the titans continues as they look beyond macau for the next gambling mecca. ♪ betty: the explosion of the casino business in macau has been a huge windfall for this tiny territory and the beijing government. casinos paid the government almost $18 billion in taxes and fees. with great success comes a great amount of squabbling. adelson, a man who is not afraid to wade into conflict, whether it is about israeli rights -- sheldon: there is no such history as the palestinian people. betty: or how the gop can take back the white house -- he has seen his share of battles against the ho family. sheldon: there was a meeting of concessionaires. pansy ho was there. it was not a very congenial environment. betty: she was not nice to you? sheldon: i don't think she w

shelled jan adelson has a wife who is israeli. he launched the paper.was the most wide by circulated newspaper. the difference two the two papers and owners adelson, moses has been laid bear. >> translation: the rivalry between the owners to a large degree explains the difference between the papers. it has to do with the personalities and ideologies of the owners of these publications, influencing the content. >> you would see the front page was basically top to bottom about binyamin netanyahu. binyamin netanyahu's wife who has a long record of erratic behaviour. and all the different major analysts weighing in as to why it is important and significant. >> if you look at the front page, you are in that same period of time last week. it's towelall directed at the speech in congress. a head line said "i am travelling to alert the united states about the dangers of the deal with iran." you see binyamin netanyahu standing and praying at the wailing wall and the narrative here is clear, of course. it is religious and messianic narrative. >> what has come to

adelson sustained newt gingrich's campaign with personal checks for a month. and that is a new dynamic here and what we see is that you know, marco rubio's got a billionaire in florida. scott walker's got a billionaire in chicago. they're all lining up. they've got the billionaires here and then they'll have their super pac there. and if you get all the tools together you can play. >> how do the democrats respond to this? and does hillary clinton have her own billionaires? >> i'm sure she does. they haven't been named yet. but to be honest, the docrats are mortified at this moment. that may be because they're frozen in place and so they can't really tell what they will accomplish. but they know -- they don't just have adelson and these other billionaires and the cokes. they're talking about spending 9 $900 million by themselves. they've got all kinds of different places where a lot of republican is going to come at them and they don't have a history. they just don't have the history of playing and raising this kind of money because they're ideologically oppose

betty: they do not think about sheldon adelson. sheldon adelson is thinking about beijing.ernment did say who has to sell their promise over the past 10 years. with sheldon adelson, he delivered the dream. no one else really had the courage to do that. he has built a strip similar to las vegas. no one else thought you would have the returns that would keep you in business and here he has as one of the most wealthy people in the world. betty: is it going to go back to bite him? chad: the good thing with their business is they are more relying on the mass market and non-gaming. they do not have a huge vip segment. the real anticorruption campaign is hurting the vip market. betty: and you have seen that, the vip market has declined since the anticorruption. chad, macquarie capital analyst on gaming. if you want to watch more of our interview and learn more about macau, watch "titans at the table: the rise of macau" on bloomberg.com. in the race of the white house candidates can and will -- candidates can alienate a lot of people. should it be your wife's employer? heinz and kr

that was true with newt gingrich, former speaker of the house funded almost entirely by sheldon adelsonit was also true for rick santorum the former pennsylvania senator who was funded almost entirely by foster freeze. everybody is keeping a close eye on the biggest of donors knowing only one could potentially finance a legitimate run through a republican primary. mark: phil mattingly running us from washington. thank you. tonight on charlie rose, john brunner, director of the central intelligence agency. that's tonight -- john brenner director of the central intelligence agency. that's tonight at 7:00. gm and ford are taking different ways getting money back to shareholders. matt miller will have the details when "bottom line" continues in just a moment. ♪ mark: welcome back. this is "bottom line" on bloomberg television streaming on your tablet, phone and bloomberg.com. general motors agreed to buy back $5 billion worth of shares in exchange for harry wilson giving -- harry wilson giving up his battle for or deceit. it leaves gm at the bottom engine it's stated cash range with $20 bil

sheldon adelson is netanyahu's most important backer financially and politically. he is a casino billionaire who has given hundreds of millions of dollars to the g.o.p. "n supported mitt romney during the 2012 elections. he has chosen for various reasons to be the first israeli prime minister who makes israel into a partisan issue in the united states. it's unprecedented and it's worrying to american-jews because they tend to be simultaneously supportive of israel and very much democrats. until now it was kind of easy to live with that cognitive dissonance. now it's problematic. for israelis, they don't like--i think most israelis don't like netanyahu's style. he can be crass and vulgar. he's not well liked by the obama administration. that worries israelis because they know that america is an important ally with them, and it's important to have good relations with the u.s. on the other hand, while they may object to netanyahu's method of communication, and having turned the relationship with the white house into an almost overtly adversarial one with the substance

one of the people that contributed significantly against legalization was sheldon adelson. so if you're outspending him, you outspending a lot of people. in one state. so the second thing is that when i called it rosy colored memories [inaudible] it's always better to remember it in the rosy colored state. if we try going through it again it won't be so rosy. people knew and they knew lots of people who had smoked marijuana, no big deal and third. a campaign in classic terms using medical marijuana, a person that can't get relief in any other way. so medical marijuana is a wedge. giving people the chance to feel better and it's the only thing that they think will make them feel better better than cocaine for example. there was a great athlete who was struck down and he was a superb physical specimen. and it happens [inaudible] >> cocaine takes you to your knees. this stuff does not take you to your knees, it kind of lose you in a very different way. so this argument, it seems that it obtains the american people with as the sympathies. what kind of people can you be to deny

opponents were outspent three to 321 and one of the people who contributed significantly was sheldon adelson. if you're outspending him you are spending a lot of money. it will be several they knew lots of people's marijuana maybe they had, no big deal no harm that's not the marijuana we have today. third, very effective campaign and classic terms, the argument medical, medical marijuana, the person who can't get relief anywhere else. it was the wedge. that is what it was in colorado, many states saying how you can deny people. people they make it struck down the same way. happens. people calling my show we will often say that no one dies for marijuana. well, people do, but not often and not in the same way as other drugs. drugs. cooking takes you to your knees. the stuff does not. it moves you in a very different way. this argument is able to work. it seemed to play on people's sympathies. what kind of what kind of person can you be to deny someone medical marijuana. so colorado initial permits slips for medical marijuana were about 5,000. in the and the courts released and said you can hav

>> sheldon adelson and the koch brothers are not giving money not to influence them.y to play. >> they want it their way. >> the same thing happened -- these cunning are hoping to at least get goodwill from the clintons if not more -- >> a personal had been taking money, wouldn't you go after them? >> if it tested well in a poll, sure. >> you're unbelievable. >> i disagree with tad about the e-mails. my sense is this is typical more washington chatter than anything. this has a partisan smell to it. >> but it didn't come from the part sans. >> well -- >> are you going to buy into the carville theory that the right-wing talking points were handed over to "new york times." >> isn't he always right? >> he's smart. the roundtable is staying with us. you next, that effort by republican snorts to go around the white house and scuttle the nuclear talks with iran before they get signed. this is "hardball," the place for politics. you wouldn't expect an insurance company to show you their rates and their competitors' rates but that's precisely what we do. going up! nope, coming

casino magnate sheldon adelson, one of his leading backers, netanyahu unequivocally vowed never to allow a palestinian state, if he is re-elected. crooks i think whoever moves to establish a palestinian state or intends to withdraw from territory is simply yielding territory for radical islamic terrorist attacks against israel. this is the general and morality that was created in the past few years. those who do not understand that they're either heads in the sand. left-wing parties do it, bury their heads in the sand time and again. amy: the obama administration has pressed for a peace deal between israelis and palestinians which includes a palestinian state. netanyahu's closest rival, yitzhak herzog, has sought to capitalize on public frustration with netanyahu's hardline policies. >> the public is generally frustrated. they want a change. the public asked for a change and they aspire for hopes. it is revolted by an fed up with the status quo. i am the only one who can change the country situation. i'm the only one who can get a mandate from the president to form a new government, to g

paging sheldon adelson. all of thelet's bring in phil mattingly for more. are they? how grotesque? how offended are we about to be? it seems that there is no amount of money to stand in the way of supporters trying to help them win. phil: we are talking billions when it is all said and done. what is interesting right now is how the game has changed on the fundraising side of thing. the rules have not changed since 2012. in 2012, obama and romney used super pac's to raise money. what is different now is the interaction between candidates. back in 2012, obama and romney were cautious on how they dealt with super pac's. lawyers were very wary about where the rules were. now, no caution whatsoever. once you enter the race, you are not allowed to coordinate with your super pac. if you have not, you can. right now people are raising a ton of money on the candidate level for the super pac's before they even launch. the game is really just cranking up to another degree right now. stephanie: is this why we are seeing jeb bush and hillary clinton all over the place t

sheldon adelson and his wife. billionaires who helped fund republican campaigns and have done so very much supporters of israel. and a guest of the house speaker, nobel peace prize winner and obviously well known author and holocaust survivor and then you have people like alan dershowitz. you see him in the legal arena. he's also upstairs. you definitely have an interesting mix of people who were invited here for these hot tickets to come and see the speech. >> it's amazing when you think about it dana. you said that elizabeth warren democratic senator from massachusetts, very popular with that democratic base she has publicly decided to boycott the prime minister of israel's address today. is that what i heard? >> that's right. she did. i can tell you antidotally, i was talking to alan dershowitz who said he called up her chief of staff right away and said this is a huge mistake, and you definitely do have democrats feeling like they have to make a decision between something that they think is wrong and partisan

it was a home run for sheldon adelson, but maybe not now. we would be back. stay with us.g "market makers" on bloomberg tv. ♪ >> market -- live from bloomberg headquarters in new york, this is market makers with erik schatzker and stephanie ruhle. stephanie: i'm stephanie ruhle. joe: another triple digit move. let's go back to scarlet fu. scarlet: i wanted tell you about arcadia national. this is not a great sign from the parent company of jeopardy's -- of jefferies. trading revenue tumbled by 56 percent because of a slowdown in trading and fewer high-yield options. it could be an indicator of how the trading results fixed income to. jpmorgan will report its first quarter results on april 14. if the investment bank chief, as he said in late february, the year was off to a start -- strong start but we will see how that plays through march. goldman sachs and morgan stanley those lost 1%. this is an update from mgm, it is staging the biggest rally in two years. volume in the stock is three times the daily average after a land in buildings. a hedge fund urge the company to get

netanyahu is backed by the billionaire casino mogul sheldon adelson, who owns the newspaper here.le say it is a little rich coming from netanyahu. it will certainly be an exciting election and the aftermath will be tense. mark: an outsider looking in it would say that israel has a huge amount of challenges, in terms of security. are they getting a mention during the campaign? elliott: netanyahu would like them to be getting more prominence. during the campaign, he went to washington to congress to talk about the danger of iran and a bad nuclear deal with iran. he was in switzerland today. he would rather focus on security, his strong point. israelis are more concerned with humdrum issues. a big concern is a soaring cost of housing and. that is something herzong and livny have been focusing on. herzog says he agrees that we need to be wary of iran. i just don't think that antagonizing the biggest allied the united states and of obama is the way to go about it. mark: if the zionist union wins, what happens? elliott: an interesting question. the right wing party, when you add up all

sheldon adelson, politically not talking about that but businessman fantastic. tough to watch.'t own them. steve i have worshipped him from the day, philadelphia when my father said this is the great american businessman, be like him. he's still stuck with china. >> big risks, not always -- they don't always pay off. >> no. exactly right. chinese were a wild card. who thought they'd go this way? >> opening bell in 5:30. don't go away. there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink

among others, although according to the "washington post" some well-known republican backers, sheldon adelsonngland patriots john harwood, do you expect fireworks on this? we should note the white house at 11:30 is going to hold their own video conence from with leaders from the uk france germany and the eurozone on this. >> yeah. little counter programming there, carl. i wouldn't expect fireworks from the speech. i think the fireworks are the fact that the invitation was made extended and accepted and the speech is being made. i would expect prime minister netanyahu to try as he did yesterday and to some degree the president did, to minimize the sense of personal antagonism and strain in the u.s./israeli relationship. the president said yesterday, even though susan rice national security adviser, said prime minister netanyahu's decision to come here had been destructive under the circumstances, president said it's not permanently destructive and i would expect prime minister netanyahu, given the criticism he's received including some at home in israel, is going to try to tamp that down while

will do anything to grandstand, to make themselves look good for the defense industry, for sheldon adelsonho was in the gallery at netanyahu speech anything to raise money. they don't care what the american public thinks the stuff they don't care what we want. they want to raise money so we can stay in office and get government contract and weapons. it is the military-industrial complex in a different form. it is like the revival of the neocons. john bolton has been on tv. it is just bizarre. it is all about money. they could give a dam about what happens to the country. they don't even know where iran is on a map. it's about raising money. host: ok. steve in indianapolis, independent. hi, steve. caller: it is unprecedented what they did, just by listening to people -- other senators. they are just trying to undermine the president. the president has done a really good job. he is actually trying to save israel from themselves. you got net nodule -- netanyahu and just like john mccain, he's a hock. they don't want to go to war with iran. republicans just to anything they can do to undermine

sheldon adelson, big republican money man in the gallery for that joint speech.back home. >> all right. nbc's andrea mitchell in tel aviv. andrea, great to you have with us on this morning. we'll watch you later this afternoon on "andrea mitchell reports ". >>> richard haass, michael crowley puts in his political piece, "bebe wins big." did the job, won the election. but what did he lose along the way? >> two things. the move to the right should not have been as surprising as many seem to think it subpoena this is an israeli society that's moved to the right. because of immigration patterns and because of the mix or balance between secular and religious. the polls are almost always wrong and almost always under count conservative tendencies in israel. secondly bebe has three constituencies to work with. one ealienated, andrea talking about the united states. one out of five israeli citizens are arab. israel does not want a situation one out of five citizens feel alienated. a real problem there and obviously the palestinians. i think the chances of progress on the

shelled on adelson went up by $5 billion. larry page went up by $6.7 billion. sergey brin's wealth wept up by $6.4 billion. added together, their wealth went up by $157 billion. this is a reality my republican friends don't want to deal with. they do not want to ask the wealthiest people in this country, many of whom are paying an effective tax rate lower than truck drivers and lower than nurses to start paying their fair share of taxes. their solution to the deficit problem is to cut programs for working families, the elderly the children, the sick and the poor. and despite the fact that the billionaires of this country are doing phenomenally well, their view is oh, no, we can't go to those guys. they may be potential campaign contributors. we're going to go after the elderly. they don't contribute a whole lot. elderly people on the meals and wheels program. elderly people making $14,000 a year. those are the easy targets. they have no political power here in washington. they have no lobbyists out there. we'll just go after the working families the poor, the e