daniel, the hypocrisy of eric adams or bill ackman?th bill ackman. one, he paid $10,000.00 in order to have a peaceful protest turned into a violent one. he should be investigated because that is exactly what he did. that is exactly what he wanted was to see violence take place and he funded it. for that reason, worst of the week. >> who do you have, hayes, the hypocrisy of eric adams and the flag or bill ackman, who is giving money to frat boys? >> i think this one is a tough one. on the one hand, you have eric adams and i think he is, he's trying to harness something that he doesn't really understand. he is putting forward like look at them recently palestinian flag instead of the american flag, it's despicable. yes there's the hypocrisy angle of it all but there's also you don't know what you are talking about angle here that i think we can't really overlook. the nypd and the new york city government has not availed themselves in honor during this whole situation at columbia. on the other hand, bill ackman putting money, the amount

including as well from the business community because i was just reading a tweet from bill ackman for with that sort of sentiment and also could be likely to endorse trump ahead of the election. how strong is that argument and is there any sort of dismantling of it as well between voters views? jeannie: i think bill ackman's voice is an example and i'm glad you raised it, that this is something we hear an awful lot over here. not just from donald trump space, the 30% who say they will stick with him regardless. but you here at throughout, we are hearing it from the speaker of the house, we are hearing it from lindsey graham, high-ranking republicans. to your point, people in key positions in business and elsewhere. they feel the manhattan district attorney, often described by donald trump as somebody who is soros supported, he would have an incentive as a democrat, which he is, to bring this case, that the case did not make sense, he should not have been charged with felonies, and this is something that should not have happened but is happening in donald trump's own voice in a city wh

>> bill ackman does not rule the country. i don't think people care, in general, like the public isn't waiting for that. but i get the streetfighter thing and i also think that what they did with de niro this week was an effort to do that. and i first saw that they were doing that i thought, that is a little weird. i don't know what you guys thought, that is like a weird kitschy thing. but then when they actually did it, i thought oh, they are injecting themselves into the story. i think it is a tricky balance. >> i just think there's a little but of distinction, there is a political point, which i agree with, which is i don't think the fact that the president, the ex-president of the united states and the current nominee was just convicted on 34 felonies in new york by a jury of his peers after two days of deliberation in a six week trial, is going to magically alter the political terrain. >> no. >> if you ask me as an analyst. but i think if i were working in democratic politics, i would try to make -- i think that normativ

he's hot on power, and when you go back to bill ackman and his take on the college protests, it was billcollege students should have their names and faces and identities public because i do not want to hire any one of them at my company one day. the question to ask bill ackman today is would you hire somebody who was convicted of 34 felonys? >> yeah, would you hire someone who acts like trump? i don't know. cnbc's andrew ross sorkin, thank you, and stephanie ruhle who said she would not speak to bill ackman personally. >> no, no, i didn't speak to him personally. i didn't say wouldn't. i would speak to him personally. >> i would speak to him about the dei, he's the face of fighting dei. i wouldn't speak to him. >> stephanie ruhle, we'll be watching the 11th hour tonight at 11:00 p.m. eastern right here on msnbc. thank you both very much. that does it for us this morning. wow, what a day. ana cabrera and josÉ diaz-balart pick up the coverage right now. ♪♪ >> good morning, and thank you for joining us. i'm ana cabrera reporting alongside my colleagues josÉ diaz-balart and katy tur, who is

bill ackman is not a nobody billionaire. the idea we're kind of debating about well, the ceo has to be the ceo of a publicly traded company versus a non-publicly traded company. i understand where you're coming from but -- >> you're talking about -- >> i don't think it negates the amount of money being raised. >> nobody who comes on this show including bill ackman would ever -- and he's a friend of mine. would ever represent himself as the voice of the american business community. the financiers you're talking about, especially some of those activist investors, are just the opposite of friends of the american business community. they're not the voice of the american business community. and i'm talking about public company ceos. yes. have not -- who always in the past supported the gop candidates. >> sure. >> herbert hoover through bush 43. they stopped now with trump. and they've not come back. that's the big issue. ands if they're so generous, brian, how come there's still this enormous 2 to 1 gap -- if the phone lines are

annmarie: bill ackman is -- dani: bill ackman is planning a new ipo a pershing square.cursor to the listing he will sell estate to the investors in the coming day with a valuation of $10.5 billion. brookfield has a slightly higher valuation and manages $525 billion. ipo's have a challenge this year. global shares are up for premarket trade, following a report that sky dance and a sweetened offer for the company. the paramount committee is set to look at the offer shortly. sony, apollo, warner bros. discovery, brian allen, all expressing interest in paramount. the nba finals matchup is set. the mavericks took the series in five games with a statement performance from their star duo. they will be facing the boston celtics, who are coming off of their sweep of the pacers and that series kicks off in boston next thursday. that is your brief. jonathan: we will catch up with you in about 30 minutes time. up next, central-bank convergence. >> they will need more rate cuts than the u.s.. it does add to the attractiveness. jonathan: all of that, coming up. this is bloomberg. ♪ j

it's getting a little bit rich on a valuation perspective, and also looking at a recent 13 f, bill ackmanare reduced their position in chipotle by 10%. now, he still owns 740,000 shares, and you have to acknowledge, this is probably one of the best trades that bill ackman has had owning chipotle over the last several years. he doesn't get enough credit for the winners, and on this one, he should. >> garmin, that was downgraded, joe, to under perform at bank of america. they take the price target from 150 to 165 they say that their worry momentum is decelerating, and that would mean the current valuation is unsustainable and quote unquote, too rich. >> so in advance in reading that note, what i did was observe momentum as we look at it, and try to statistically define where i see momentum beginning to accelerate or neutralize. it's probably around the 144, 145 level for this company so keep that in mind it could drop another $10 at that point yes, the momentum is neutralized. >> we take a quick break, come back on the other side with mike santoli and his midday word, that is next you bring

how do we get these people, the bill ackman's, or the bill mars, the sam harris, the nonwoven liberalserstand these are -- the non-woke liberals who understand the repercussions. how do you get them to the finish line to vote the right way. i see lots of this always couched in i will not vote for trump. kara: there is a prestigious -- there is a prodigious amount of throat clearing that happens when they clear their throat. i am the worst person to ask because i have had anecdotally a friend who moved from manhattan to florida and i was like amazing, another red voter, she was like what are you talking about, why would i vote red? they cannot seem to connect what they are seeing on the ground to their voting behaviors. maybe they will do it in secret so they still get invited to the midtown and georgetown cocktail parties, but i think, when it comes to exposing this, using torrents of information you do not see if you just watch the sunday shows platforms. you look at what is happening in these groups signal chats. people are exposing and generating ideas and a lot of what -- a lot of

you mentioned mary abelson, bill ackman. for them it is the bottom line.mp is promising lower taxes, lower regulation. they value that over all the other concerns that a second trump presidency may prompt. vonnie: will there be any questions about donating? jordan: they are donating to his political committee, so not to trump personally. i'm not sure there would be any legal barriers there but there are some practical questions for donald trump. the sentencing in the new york case is july 11, only four days before the republican national convention is due to begin. if he is sentenced to jail -- a lot of people think that he won't be -- but how would that work out for a major party presidential nominee, not to mention a former president secret service protection? this all goes to show how the u.s. is now in uncharted waters with someone who could be president being a convicted felon. vonnie: i suppose if you are going to give money, now is the time because that is when he will be most noticed. if you are a big money donor, that doesn't preclude you from als

one of the most successful wall street businessman has been bill ackman. he has also been outspoken in a number of other areas including philanthropy and politics. i had a chance to sit down with bill in his office recently and talk about a variety of issues including his latest bet on where the economy is going. >> there is a general consensus in the united states that we probably have avoided a percentage for the near future. we will have a so-called soft landing. that is the consensus. is that your view as well? >> it is really hard to predict. i think the economy is weakening. we are seeing evidence of that in some of our companies. i have some concerns. there has been a huge subsidy in terms of interest rates and most companies fix their rates or their debt at very low rates and certainly real estate investors did the same. and that works until doesn't work. what is going to be interesting is to see what happens when people get to have to replace their debt and i think i can have a cliff like a fax. u.s. and sadly seen that in real estate. ? is are ass

[laughter] in recent years, one of the most successful wall street investors has been bill ackman.e has built pershing square into one of the most successful and listened to firms on wall street. but he has been outspoken in a number of other areas including philanthropy and politics. i had a chance to sit down with him to talk about a variety of issues, including his latest bet on where the economy is going. there is general consensus in the united states in some circles that we probably have avoided a recession for the near future, we are going to have a soft landing. that is the consensus. is that your view as well? bill: that is really hard to predict. i do think the economy is weakening. we are seeing evidence of that in some of our companies. i have some concerns. there has been a huge subsidy in terms of low interest rates, and most companies fix their rates or their debt at very low rates. certainly real estate investors did the same. that works until it does not work. what will be interesting is to see what happens when people have to reprice their debt. that could have so

bill ackman, daniel lobe, big hedge fund guy, jon huntsman, he was furious about penn and wharton.is alma mater. he donated a lot of money. leon cooperman has been on the show. when you think about lou school students, many of them want to go to wall street, do they not? >> reporter: absolutely, those names you mentioned they don't just hire from schools like columbia, they direct recruitment pathways. there is direct relationship between these firms and these schools. to be examining that direct pathway, that says a lot. then i think going back to the federal judges that we started the report with, when it comes to clerkships of federal judges that is when you're going through the law path it is a coveted position. it typically goes to kids in ivy league schools, going to elite law universities. so the fact that 13 federal judges saying we'll eliminate one school entirely, and that is regardless of whether the students have participated or not. they're sending a message to columbia saying we're not going to hire any clerks with columbia on their resume' because of what we're seein

bill ackman reportedly taking pershing square public.and the journal saying ackman looking to capitalize on his performance record and celebrity on social media. it will be interesting to see how his political take now, if, in fact, he is going to be supporting former president trump publicly helps or hurts this offering and his celebrity in that regard. >> funny, suddenly i'm back. i'm back. i love ackman again. same with -- not just because of that. the dei stuff. >> you asked me if i was -- what did i say a man of whatever. >> principle. >> principle. >> because he's got the right principles. now he has the right -- >> before you thought he was terrible. >> before i thought he was terrible because he was a leading guy then realizes how armful things like -- >> that's not why you didn't like him. >> i didn't like he said we're going to hell and covered all his shorts during the pandemic. >> you didn't like him for a hundred reason. now you like him because he supports the guy you like. that's not a principled position. >> you loved elo

billionaires from getting behind trump what are you seeing on fund-raising side governor we are waiting on bill ackmaname around last week. what are you seeing if you talk to people? have you got a sense a after the verdict. >> when you talk about business leaders, you know i see them as job creators people that successful, created jobs created jobs across multiple industries they understand what the people that work for them on front lines, manufacturing, supply chain, transportation you name it they understand how those are hurting the smart businesspeople understand what average american is going through, because either team members or consumers, that is why folks are coming around supporting so whether it is you know a farmer in north dakota, you know having coffee with his neighbors this morning before they go out work in the field, or whether somebody, that has been a very successful businessperson whether silicon valley or wall street doesn't matter they all see the same thing they see president trump when he was leading the economy, we had interest rates were low inflation was down, now we hav

bill ackman.his is a quote from his tweet on twitter, x, does america want to be a nation of victims or people who aspire and work hard to achieve success, greatness and leadership in the world has become the fundamental question of the presidential election. he is a good guy, i don't want to do this, and say trump will carry the bronx in the election. i won't go that far. but i am going to say these are warnings, rumblings, shot across the bow in a sense in the south bronx last night, donald trump gave a national speech because it was covered everywhere. what do you make of that? >> i look at this two would different ways, look at the atmosphere. this thing was lit. you are seeing wrappers rapping about amaga, something unbelievable, the democrats are jealous this has happened, they could never do this. imagine them going to a rural district in a red state and turning out six people, much less thousands of people having a great time and loving donald trump, look at the content which is smart to d

bill ackman, hedge fund billionaire who has been against dei, had an interesting, cordial face-off abouthe merits or demerits of dei with don peebles, investor, entrepreneur has been on your show, don people saying get siding but worst-case examples about dei, how it essentially stifles, reverse racism, the way it is practiced right now is reverse racism and got to stop. so that was an interesting panel and i will be throwing around all day looking for more interesting stuff. todd: thank you for following those developments. we see a lot of sliding in the dow and major markets through the day, weighing these earnings and everything else that indicate they are not as robust as earlier thought but a couple other developments on the stability of the social security trust fund the and other entitlements facing potentially serious financial issues after this. ♪ ♪ light the way. asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible. better questions. better outcomes. ♪operatic music♪ ♪ ♪ ♪♪ ♪ you were made to fin

just to refresh, can griffin was supporting nikki haley and bill ackman supporting dean phillips.re trump critics getting in line? and look at what's going on in the country, can griffin told harvard and the students as they are you need to start embracing western values, that he is bullish on trump as long as he stays pro-business. cut taxes and b pro-business. stuart: the polls and the money are turning towards trump. trump made a pivotal point. lauren: a lot of people don't like the two options. stuart: we shall see. check those markets. 38 minutes of business, dow is up 80, nasdaq is up 29 points. the markets are focused on this week's inflation report. what is today's ppi report for the markets? >> it means to me one of the things you are worried about is whether inflation is going to be sticky and it is sticky and it has got to push anybody for the idea of interest rate cuts, you already said on your show that what about interest rate hikes? that's not off for the table. we continue to see inflation come like this. they said last week a bunch of 38-year-old kids running a lo

bill ackman gave 10 grand to the fraternity gentlemen.ou were doing and standing up for the american flag. >> todd: next month's cover i am all for it. >> cheryl: were you greek? >> todd: i am. tomorrow is 150th running of kentucky derby, to celebrate, we will whip up drinks. janice dean live from churchill downs to show you cocktails. jd, i'm wearing my hat. >> janice: i love it, i can see you, it is pouring rain in louisville, kentucky, which happens. most years i've been here, it has rained on oaks day, which is friday. race for lilly for the three year olds and i have will brooks here, which will serve up drinks. i think we need it in the rain. what is your title and who are you representing today? >> will brooks, ambassador for teq tequila, this is a big year for us, not just 150 for derby, we have amazing hometown town related to brown foreman, distilling for 150 years. >> janice: i've never had a tequila drink at the oaks before. >> the most lucky drink today, horseshoe margarita. >> will it make the rain stop? >> we'll find out. k

even bill ackman giving the fraternity boys $10,000. maria: i love that story. that is great.ident trump returning to court this morning for an 11th the day of the so called hush money trial. bombshell testimony yesterday as stormy daniels' lawyer took the stand, denying the payment from ex trump lawyer michael cohen was a hush money payment. he said this, quote, it was not a payoff and it was not hush money. it was consideration. consideration is a legal term for when somebody gives in return for a promise to you abide by a contract. prosecutors allege trump committed fraud by labeling the payment legal fees. joining me is formerrer assistant fbi director, agent and attorney, chris swecker. thank you for being here this morning. how do you see this? >> yeah, i think a very liberal boston university law professor pretty well summed it you, he said this prosecutions is an embarrassment of prosecution ethics apparent selective prosecution, based on exaggerated legal theories, so allegations. this makes alvin bragg basically the barney fife of prosecutors across the country. this

the wall street journal reporting bill ackman is looking to papersing square public.and expecting to value at $10.5 billion. that deal is expected to close in just the coming days. >>> coming up on the show, digging into the a.i. revolution and how the technology could change the way we invest our money. former nasdaq chairman and ceo bob greifeld lays out why he thinks major sftarhis e just getting started. we're back after this. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. [crowd chanting] they ignored your potential, and mocked your ambition. but it's not the critic who counts. with every swing and block, your game plan never changed. ♪♪ some still call it luck. let them. because you know what it's always been. inevitable. ♪♪ ♪♪ >>> totally revolutionary. it reminds me of when the internet starte

ashley: for that would be billionaire investor bill ackman who threw in $10,000 to a go fund me accountraises money for fraternity members at unc, the money will go toward a party for a group of students who held up and defended the american flag on campus after pro-palestinian supporters replaced the american flag with the palestinian flag. that image resonated with many people online which prompted a go fund me effort, men defended their flag, throw them a wager. the original goal was 15,000. two days organizers say they have around $516,000 raised. safe to say that will be a heck of a wager. remarkable story but listen to what students had to say. >> we have since had contact with the person who started the fundraiser and they are working to use those funds and a manner that is more respectable. there's a big event in the works, anyone else coming to be part of that event, starting a nonprofit called mcafee.org where we intend to properly disseminate those funds in a manner that goes to whether it be our troops, followed police officers in charlotte so we can support the causes that

been set up for the students to honor the boys with a party that they deserve, one of the donors bill ackmanck for the patriotism. police in wisconsin shooting and killing an arm stood outside of middle school officers responded to an active shooter situation when they arrived chaotic students were fleeing for their lives in some getting away with their in-line skates and other terrified kids hiding in closets after they heard multiple gunshots, no injuries reported the shooter was described as a juvenile male and an investigation is underway as to the motive of this. sometimes bigger can be better mcdonald's rolling out a larger burger they'll test the beef patty in several markets cfo ian borden telling investors with donald's has created a larger burger as they look to build on their leadership and recently beef sales have rivaled at mickey d's, take a look at the stock fractionally higher, finally that's an unlikely hero kicking off a game between the diamondbacks in the l.a. dodgers instead of the ceremonial first pitch a beekeeper was called to the mound to end the delay due to a swarm

some breaking news this morning, our partners at the wall street journal reported the billionaire bill ackmanenant half-billion, meanwhile there are reports ackman web been very vocal with the criticism about anti-semitism at college campuses is now considering endorsing former president donald trump in the november election. taxpayers are picking up the bill for the new yorkers is trump trial and the price is shockingly high or maybe is not shockingly high want to ask job or rally but the cost of the trial upwards of $2 million over the six weeks it took to play out in lower manhattan, $50000 a day for safety, money spent towards overtime for staff, security there, not lost on the former president, here's what trump had to say about it, watch. >> it is a disgrace, millions of millions of dollars spent daily on this case outside it looks like it's port knox i've never seen so many policeman in the outside world is watching and the outside world is going to bring their business to new york and not as trillions and trillions of dollars and businesses are leaving. people are fleeing because her

bill ackman was here. they were talking about it as well.g on on campuses just how cowardly the administrations of these major ivy league schools are in the face of what's, you can't sugarcoat it, it is antisemitism, it is allowing it to happen. it is a radicalized minority but sizable minority of the student body. professors teaching radicalization and a certain world view of how to look at israel as some sort of a, a sort of, you know, nazi state. that is what they essentially compare it to. so that is what people are talking about here. let me tell you something, a lot of people here who graduated from these schools. gave a lot of money to these schools. not anymore. liz: good point. [closing bell rings] nice gain of 171. tomorrow scots miracle-gro on cannabis. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. all right,

we are seeing reports that prominent figures, like billionaire bill ackman, wife of jerry seinfeld, givingding. is it dangerous to have outside influence on these incumbents that have mostly been peaceful on these college campuses across the country? are we entering a dangerous time, when you have this kind of influence from outside college universities feeling this type of violence? >> outside, we have seen outside agitators, if you like, and trying to enter these protests, some taking part in them. but also opposing them. and now we have seen a very large counter demonstration that was put on last weekend, i think that brought a lot of people of ucla community onto our campus. i personally witnessed some provocative and aggressive behavior by some masked pro- israel counter protesters, and i think it definitely elevated tensions, but the individuals that carried out this violence on tuesday night, they didn't seem to the part of any organized group. they may have had pro-israel sentiment, many were just acting in a completely violence manner, which i don't think any of the groups that or

. >> bill ackman and all the wall street guys who would never hire a convicted guy to work in their wall are lining up for trump because he's promising them goodies. you have people, nbc news reporting, that the right is now already trying to dox these jurors, trying to uncover their identities so they can set them up for harassment. i didn't know people used truth social other than trump, writing may god strike them dead. we will on november 5th and they will pay. this is what they're writing about these jurors. you have already the mother of michael fanone being swatted. these people didn't have the courage to even stand up to this man. they went for his mama. this is what they're doing. at this point, they're not even -- i don't know if you can call this bullying. this is, it's damn near terrorism. >> it's punks directed to violence. i think when we're looking at the jurors there needs to be a protection mechanism. i started my new company to protect individuals like this. i have people on my board who want to do tech for good. with the jurors, even election workers in 2024, what happ

by the way bill ackman, hedge fund guy, up to 3 or $400,000. people throwing money at them.we have pictures of the american flag. get this up on the full screen. there it is, some fraternity kids from the university of north carolina putting that damn flag up again where it belongs instead of the hamas. i might add to give credit, the chancellor of unc chapel hill, also did the same thing. these kids came along did it again, just to show that all the media shouldn't be covering hamas or the media shouldn't be covering palestine. they should worry about america, america first and some good old-fashioned patriotism. alec, you got the flag. put that thing out there, put it in front of your vest. i want everybody to see that. there you go. we'll put it up there. david asman will guard it. what do you make of this story? >> i got to say first of all i'm proud of these boys, proud of parent raising these kids in our country. don't forget the protesters are dragging the american flag on the floor. only reason they have their protest because people are buried in the dirt defending t

we incorrectly stated hedge fund manager bill ackman donated to counterprotest efforts at ucla. at george washington university. a new hour of ayman, after this. (woman) ugh, of course it stops loading at the best part. (tony hale) you need verizon. get their crazy powerful network out here, and get six months of disney bundle on them! (vo) stream with six months of disney bundle on us. and watch it all on the new samsung galaxy s24+, also on us. only on verizon. you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. [introspective music] recipes. recipes written by hand and lost to time. are now being analyzed and restored using the power of dell ai. ♪ on medicare? have diabet

. >> john: now i'm not so sure about biden, and a democratic donor, bill ackman who of course was verye on x regarding the whole harvard thing a democratic donor as well and michael graham off a biden voter. these are people who put millions of dollars in the campaign of trump opponents know we are saying we need to go the other way? >> yes. that is i think an important development and there was a slow build because what you saw in the cnn interview earlier, that was after several moves from the biden administration. if your member they did not veto u.n. security council resolution that dee linked the hostages to a cease-fire. so, that was a serious kind of shot across israel and then the fact that it at his state of the union president biden used the numbers from the gaza health industry that he himself had earlier said were not reliable. which is a huge part of the hamas p.r. information war strategy. so i think it's like a combination of these things. so all of the good feelings he engendered with his initial very strong support for israel after october 7th, it has kind of faded awa

is going to emerge. >> i had president -- then vice president biden and bill at a dinner at the conference in 2017 and -- >> ackman spilled over to where we are now. i think bill is an analytical guy. i think that's his objective view. he thinks mr. trump is going to win. that's his objective view. i think mr. trump is going to lose because this is a get out the vote situation. these are two candidates that have been in the public spotlight for five decades. there is very few people in the united states that don't know who they are. this is not the barack obama 2008 introduction tour. these are two known entities. >> what do you think -- there is an argument to be made, though, i don't know if you think -- i don't know if you think it is helping him or hurting him, the fact that trump is, you know, down in the courthouse, and has been muzzled, does that help him? there is a view that the public doesn't see him that much, that people forget about some of the things that might be considered on the crazy side, but another view that, you know, he needs to be out there in front of a lot of people to get them excited an

saban might not be in that category, but someone like bill ackman, who was a big supporter of barak obama, might be lulu. you're focused on still another controversy at the supreme court. >> yeah, this is an actually substantial controversy. my colleague jodi kantor, the new york times, had a story this past week. the talked about samuel alito, justice, samuel alito, and how he had after the last election, an upside flag in his yard. it was there for several days and what apparently transpired was that his wife had a personal beef with someone in the neighborhood who had an anti-trump sign and put this flag in the yard. now the problem here is that that flag and that symbol just after the last election was a sign of the fealty towards trump and something that is supposed to signify their belief and stop the steal. justice alito is someone who is actually so involved in the supreme court on all these issues. and the fact at that this was their is deeply, deeply problematic. >> christian got shot. >> so mine is also about the supreme court a little bit different. so most people think electi

we heard today that hedge fund executive bill ackman is likely to support donald trump. we heard about this in the build up to this guilty verdict. we're not really sure it's going to be a negative in fund raising, but we're certain he's going see a boom from major business leaders. >> right so this notion that it's rigged and that this is further evidence he says that they are going after him politically. that's something that's resognating with donors, big donors, too? financiers. steven schwartzman has come back to trump. nelson peltz. given the state of the country, given what they see from the biden administration, issues we're dealing with here like immigration and antisemitism which all seem much bigger than all of this. they're going to continue to back him. now that he's a felon. >> that's right. when you look at it, i don't know if they're thinking about whether they believe trump in how he says things are rigged regarding the election. or that that process has been rigged. i don't know if they go that far, but they're looking at the state of the country and in

. >> how much do you believe that elon might be in the -- almost the bill ackman camp? a view, i think it is a bit of a fever dream, but a view, that somehow if you criticize president biden enough, that maybe somehow magically biden -- joe biden will say, you know what, i'm not going to run for president anymore, and, by the way, maybe gavin newsom or somebody else should take my spot. it is not an endorsement of president trump, but it is this idea that somehow some unicorn is going to emerge. >> the whole democratic party is leaving that as a possibility. that's why the debate is so early. the problem the democratic party has is you have to let kamala have her shot and they don't want to let kamala have her shot. >> i would say this on elon musk, i don't think he's waiting for that kind of pipe dream. he's made it very clear that he does not support democrats anymore. and that he's voting republican. he's not saying i'm voting for donald trump, but he's still saying he doesn't support democrats and his politics has really shifted over the years. and now he really has

bill ackman was criticized for his attacks on diversity and inclusion policies in a closed door paneles. acumen has previously labeled dei initiatives as inherently racist and illegal. one speaker said it reflected a core understanding of the civil rights movement. he said he has written thousands of worried about his nuanced views on this important topic. he asked people to read them fully to understand his perspective. jonathan: up next on the program, bad news still good news? >> as we sit here right now some of the bad news is good news at some point that turns to bad news. i think the fed will cut rates and make sure we do elongate this recovery. jonathan: equity futures positive by one third of 1% on -- good morning. ♪ at morgan stanley, old school hard work meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. jonathan: live from new york city welcome to the program. annmarie in washington. dani burger alongside me. equity futures on the s&p 500 positive by one third of 1%. yields high by a single basis point as yields

a big hedge fund manager, bill ackman , hedge fund manager, bill ackman, is saying, i am probably goingg of wall street, we can see on our screens our live pictures from the streets of new york. >> there's a split crowd. there's somebody holding up a sign there saying lock em up. there are some muggers , some there are some muggers, some make america great again hanging from lampposts , shouting out, so from lampposts, shouting out, so we have those for and those against. and whatever you say about donald trump, he has that ability to mobilise america. i wanted to ask you, though, this key point, laurie, elections in the in britain are won from the centre . they're not won from the centre. they're not won from the right. from the left. they're won by trying to appeal to the middle ground, to the sensible conservative centrist. do you think that those 34 charges will put off the moderate voters, or will they be, pulled into this? oh, no, it's the entire system against trump. it's the judiciary . it's the politicians. judiciary. it's the politicians. everything is against them. where do y

i do think this would be an ideal candidate for a turn around activist, somebody like bill ackman whothe operations the question is, is this at a point that is yet attractive i don't think -- >> and then who is your magician who -- who is the magician who is going to run this company and there is something to be said about the fact that for some reason this company seems to only work really well when howard schultz is running it >> yeah, and that's the problem. it is a problem with the board, who have been complicit in that now, bringing him back over and over i think if you're going to look internally, you want to find the leader who has the greatest social capital for whom people will rally around, who is open to news, who knows the organization from the bottom up, who has been on the ground from the beginning. now, having said that, if it is me, i'm looking at somebody who is at chipotle, who has demonstrated how to do food logistics extraordinarily well, and who has navigated this tension between to go and dine-in. >> what do you think starbucks should be? i think that is also par