michael bloomberg bloomberg or jamie di minutes and p. morgan these are the new honda the new honda remember the hunt back in the seventy's a totally screwed up in a country where the troika is the new one would be the other thing about this oil dump on to the markets is that obama now gets to claim that he's tough on speculators all those speculators driving up the cost of oil and gasoline well of course only speculators only these top guys these hedge funds in the world traders make money on the downside right contango why the release of oil from the s.p.r. is a doomed idea by dumping sixty million barrels of oil on the market or saying they're going to announcing a head of time the price of oil has fallen. today in the market today not in the future now traders are able to buy this oil cheap from the u.s. government from the japanese government from the south korean government france and germany they're able to buy it today at this ninety dollars price of her w t i a hundred and ten dollars price for brant they will to buy that and sel

bloomberg being of course now running for president supposedly law. i think things up where is he getting that money oh i get it it's inside information which he will of course try to legalize to cover his butt at the end of the article there's a quote it's going to be awfully tough to identify the source of the leak in this case because of course it's always awfully difficult to prove insider trading twenty eight nations were involved so a whole lot of people knew this ahead of time well these fifteen other regulators they don't have the money to pay for the subscription on bloomberg to show you who's trading on inside information they're bankrupt purposely on purpose so that they can possibly prosecute insider traders but also as leoben graff goodman proved earlier this week is most things are no longer illegal anyway they've been unwound all the regulations against insider trading and trading on this sort of information is no longer illegal but you have to say gary gensler former goldman sachs guy he gives his blessing to outright market manipulati

the official home of mayor michael bloomberg. in just a short while mayor michael bloomberg will officiate at the wedding of two of his male staffers and we'll bring that to you here live in the cnn newsroom. >>> new york city was so swamped for marriage licences they had to hold a lottery for 764 open slots. if all of those weddings happen today, it will be a one-day record for the city. our susan can ddiotti takes us there. >> reporter: they're the first male cup toll say "i do" as cameras rolled at the city clerk's office. >> till death do us part. >> when i heard those words "till death do us part," i started to cry. i couldn't stop at that point. >> reporter: they exchanged vows in front of a handful of witnesses. they met online, fell in love at first sight and have been fighting for same-sex marriage ever since. >> we've been waiting for this. >> this is my husband now, freddie, as opposed to my boyfriend or my partner. >> reporter: the significance hasn't escaped them or what they hope to proudly tell their children one d

how is bloomberg doing progress of journalism? we may be thinking about different definitions of what that is. i'm not sure if the segue from that into investigative journalism made a lot of sense to most people's thinking in terms of how that is defined. >> have another question? >> i am a local free-lance journalist here. a couple of years ago, i had a friend. we were trying to figure out the feasibility of starting a nonprofit journalism in denver, and i remember coming across this corporate structure that i believe vermont, maybe one other state, uses in the country, but it is called a low profit limited liability company, and it is a structure that is meant to allow for profit but also to allow for tax-exempt status for donations. i found it really interesting. i found it surprising that other states did not have a similar model. this could also be a model to help budding companies in the future by allowing them more flexibility in how they acquire financing. i'm curious how many of you on the panel are familiar with this typ

bloomberg say he's not doing it. >> chris, i want to play for you angus king. he was on another show this morning, one that i'm familiar with called the daily rundown. he brought up a candidate. listen to who angus king floats as a potential candidate for an independent candidacy or third party ticket. listen. >> i think it would be somebody, a guy named chuck hagel a republican senator from nebraska. >> who endorsed obama, essentially. >> she a terrific guy. i could say a guy like that and maybe a slightly disaffected democrat coming together and forming a team that could shang american politics. >> this goes to the idea that the business community isn't well thought of these days you're not going to get a businessman. there's no other figure like that. it would have to be a did affected paul. >> who is that handment guy interviewing angus king. >> he looked better looking this morning than now. >> i thought he was going to say chuck todd. >> well. >> you bring up a good point that wall street business tycoon type is going to wear a little less well after ever

aides of mayor michael bloomberg and guess what?was a beautiful ceremony. you got to love that. whether it's an opposite, couples of opposite sex or same sex. weddings are always beautiful and it's nice. congratulations to them. we hope they're together for a long time. many happy years. >>> you heard the mayor say you know what? they both have to show up as work tomorrow. they have to show up at work tomorrow, and before we get to that i want to thank our couples who got married today, thank you all. go back to your ceremony and your guests now, for your receptions. >> okay. thank you very much. >> and have a great time. congratulations to you. and then our couple standing by in new york, doug and michael, joining us from our new york bureau, go back to your guests, and have a great reception, and a great long and happy life together. okay? >> thank you so much. we certainly will. >> thank you. >>> and you heard the mayor say, mayor bloomberg, guess what? these workers wanted to be away tomorrow but we have a budget crisis and they

probably at the let's start with obviously we saw that al qaeda video and then we saw the mayor bloomberg response which gun rights advocates say you know he's going after gun rights he's exploiting this but is the what's wrong with closing loopholes that congress is going after this private sale loophole is one of them that is aiming to keep guns out of the hands of people that shouldn't have them well there's nothing wrong with having a legitimate debate about that policy but to say ah here's something that we can make people really afraid about and we can leverage politically and exploit it to push our agenda you know that really lowers the debate because there's no logic there's no rationale behind this we can't have a reasonable conversation we can say what actually leads to better reality from gun control policies with the worst effects in terms of making people prone to attacks by criminals or less able to defend themselves or more money wasted in a government bureaucracy that's ultimately completely futile and being able to have that discussion is very important and i don't mind b

the comparisons that we've seen though from some who have written, comparing her to bloomberg and to donald trump where it gets ridiculous. >> jon: she has better hair than donald trump. we've talked about joe biden before and doozies, but usually seems to get a pass. >> the biden list is long list. and i agree with what jehmu says, certain candidates get certain reputations and the media gave them that reputation, it would be hard to statistically figure out

he built bloomberg just the way perot built perot systems and so forth.hese are guy whose know how to build empires in business, who think, some of them, that they can build a temporary empire, which is what a presidential campaign is. bloomberg says he's not going to do it. >> angus king, one of the great names of american politics, on another show this morning, one that i'm very familiar with called "daily rundown." i asked him. he brought up a candidate. a potential candidate for an independent candidacy or third-party ticket. listen. >> i think it would be somebody, a guy named chuck hagel, for example, a republican senator from nebraska. >> endorsed obama, essentially. >> yeah, yeah, and she a trick guy. i could see a guy like that and maybe a slightly disaffected democrat coming together and forming a team that could change american politics. >> this goes to this idea that, because the business community isn't very well thought of, frankly, these days, you're not going to get a businessman, a la perot or lee iacocca, warren buffett, probably too old

they're good there are michael bloomberg now that we've seen the media get it wrong twice in two weeks and they can both dominique strauss kahn and casey anthony before they faced a fair trial mayor bloomberg is reconsidering the whole idea of perp walks in the united states in an interview with the new york times bloomberg said if somebody is innocent even if they're guilty they're not guilty until they're convicted and yet we vilify them for the benefit of theater for the circus you know they did it in roman times too it's not a new. billboard is right our court system depends on juries not answered grace let's hope we learn some lessons as to case the bad. republican senator james inhofe after nearly nearly killing a team of construction workers when he landed his plane on a closed runway last year inhofe is now trying to rewrite history claiming he was the victim introduced legislation this week to create a pilot's bill of rights because he thinks the f.a.a. treated him as a pilot unfairly last year when they threaten to revoke his license over the closed runway and so i guess inho

the whole idea of perp walks in the united states in an interview with the new york times bloomberg if somebody is innocent even if they're guilty they're not guilty until they're convicted and yet we build a fire them for the benefit of theater for the circus you know they did at the roman times too it's often you. will grow it is right our court system depends on juries not nancy grace let's hope we learned some last two cases the bad. republican senator james inhofe after nearly nearly killing a team of construction workers when he landed his plane on a closed runway last year inhofe is now trying to rewrite history claiming he was the victim introduced legislation this week to create pilots bill of rights because he thinks the f.a.a. treated him as a pilot unfairly last year when they threaten to revoke his license over the closed runway and so i guess inhofe thinks pilots have a right to land their planes anywhere they want even on top of construction crews and he's willing to spend taxpayer time and money to make sure he gets those rights and the very very ugly minnesota repub

because mayor bloomberg, michael bloomberg and two handsome grooms -- do you say bride and broom?iful bride and handsome groom? they're going to make history right here on cnn. mayor bloomberg is going to be officiating. two of his top aides, john and makeal, are going to get married -- john and jonathan, i should say. they're going to get married at gracie mansion. that's going to be history. we're going to carry it live for you on cnn. conservative mayor, once presidential contender. who would have ever thought that you'd see something like that? the reason i have this helmet is we went down to get one from one of the stores downstairs. this is a college football helmet. it's pretty similar to the ones that are used in the nfl. right? 75 players filed a lawsuit saying that the nfl knew about head injuries years ago, maybe as far back as 1920, but didn't say anything. so they filed a lawsuit. now with this new agreement that they're coming up with now with the lockout and all that, they're hoping -- it's going to add hundreds of millions of dollars. will that make this lawsuit go

she has tim geieiner and mayor bloomberg tomorrow.h of these men watching the world markets about what could come on monday. >> well, exactly, david. trying not to spook the markets has been their goal ever since this debt crisis began. and so you noticed that they did announce the collapse after the markets closed on friday and they're desperate to at least have some kind of outline before the markets opened on monday. >> christiane, you saw the debt clock moments ago. time is ticking. what if there's no deal at all. >> well, here's the thing. we're going to ask secretary geithner exactly what plans they have in place, to handle any potential financial or economic chaos that would result if a default happens. mayor bloomberg said that if there's a default, it would mean that people would not have 100% faith in u.s. credit worthiness. that would be very bad not just for the markets but for americans. >> some tough questions from you tomorrow morning. christiane, thanks.. as i mentioned treasury secretary geithner and mayor bloomberg t

>> here's the issue with mike bloomberg, mike bloomberg likes to put his money and support against strange against tonight if he's going to against coal plants, he needs to figure out another alternative that works. >> i grew up to the oldest nuclear power plant in america. >> where? you turned out fine, bob. >> i swam in it in february because the water was warm, and that's why they think i'm a liberal. >> mayor bloomberg does support the relicensing of indian point. if they want the new york economy to thrive -- >> if the french can figure it out, we can figure it out. >> if they don't relicense it, it will cost the state a fortune. >> it's 25% of new york state's energy. it's an example of how warped our thinking is on energy, and the advances that american companies have made on clean bowl are tremendous. so i think that the -- on clean coal are tremendous. so i think that the money he gives -- >> money not welcome. >> they're telling me we've got to go. coming up on "the five," the government's plan to dictate your diet to you. don't miss this one. don't forget to email your thoughts

i worked at bloomberg 15 years ago, and i was in europe as a foreign correspondent. there were 40 journalists, and now, there are thousands. i think it depends on the interests of certain people, but they are being tapped, and you can get them to lend to foundations and do this type of stuff. it is just creating the bridge from the journalism world into that world, and it is not as hard as you would think, in my experience. >> i would just say that a few of those individuals you had mentioned are not examples of the types of progress of journalism that i think a lot of people are here to talk about and listened of route -- was it about. these guys are kind of villains in a sense of where we want journalism to go. fox news and the daily, who knows where that is going to go, but they are not necessarily public-interested, public radio, publ

. >>> we want to bring in a media writer for bloomberg business week and he joins us from bloomberg headquarters here in new york. fel felix, it's good to have you on. i want to get straight to this. do you think after watching what we saw yesterday did the murdochs help or hurt themselves by the showing that they put on at that hearing yesterday? >> i think they definitely helped themselves in the short term and they got a nice bump in the markets yesterday, the share was up. i think there's still a lot of long-term questions hanging over this question. yesterday it was really interesting. i mean it was a new playbook for them. essentially you had rupert coming out and saying, well, this is a huge company. news of the world where the phone hacking took place is less than 1% of our business, i was largely unaware of it. i think that's an effective strategy to a certain degree but he came across a little bit as being out of touch with what was happening at the company and i think that's only going to raise more questions about, you know, he's 80 years old, is he really the right guy to be running

the city's mayor, michael bloomberg, taking part officially. officiating the wedding of two of his top staff members. mayor bloomberg said, this is one of the biggest days of their lives. i'm honored to be a part of it. the law was signed into law one month ago. >>> and police in london are expected to conduct an autopsy on the late singer amy winehouse today. fans creating a makeshift memorial outside of the home where she was found dead on saturday at the age of 27.ng ct saying it's unappropriate to speculate on how winehouse died. the singer had a well-documented struggle with alcohol and drugs. winehouse and family is asking for privacy, saying in a statement, our family has been left bereft by the loss of our daughter, sister and niece. she leaves a gaping hole in our lives. and we would appreciate some privacy and space at this terrible time. >>> still ahead on "way too early," a sports moment almost too good to be true. a pastor steals the show at saturday night's nascar race, going all "talledega nights" during the innovation. you shoul

the groom and groom are both members of bloomberg's staff.th state to allow same-sex marriages. the first couple took their vows right after midnight in niagara falls and the wedding bells have been ringing all day ever since. new york city was so swamped by requests for marriage licenses for today, it had to hold a lottery of 764 open slots. if all those people actually did get hitched, it would be a single day record for the city. our susan candiotti takes us there as new york kicked off a long, happy day of nuptials. >> reporter: they're the first male couple to say "i do" as cameras rolled at the city clerk's office. >> till death do us part. >> when i heard those last words and till death do us part, i started crying and couldn't stop. >> reporter: freddie and marcus exchanged vows in front of a handful of witnesses. they met online, fell in love at first sight and have been fighting for same-sex marriage ever since. >> it's the moment we've been waiting for for years. >> a dream come true for us. >> a dream come true. this is my husband

imagine that michael bloomberg runs. he does not need a dime from anyone. he attaches a on to his plan a carbon tax to raise money for government research. he will get more than ross perot's 18.9% of the vote, and i think it would really shake up the system. this system needs shaking up. we are trapped in a corrupt duopoly and basically -- one thing about the internet and the hyper connected world. it has gladdened every hierarchy -- flattened every hierarchy in the world from the new york times to the banking industry. it has gladdened every hierarchy -- black and every hierarchy -- flattened every hierarchy in the world except the two-party system, and that will not remain. that is a prediction that i will make. i think this is going to be radical election unless barack obama becomes the third party candidate. >> that texas back to lincoln -- that takes us back to lincoln. you had a movement that eventually changes things. let me open it up. since we have started running people for president. >> i think we only have one microphone. right here, and then wh

it's another excuse and it gives people like mayor bloomberg an excuse to push that in any time there's a tragedy nothing about it added to the international video concerns us that when you as a gun enthusiast and as firmly believe in second amendment rights that video devan alarm you at all well it does concern me in and of itself but you know i'm from new mexico and in new mexico i open carry everywhere i go and that's a great benefit of living in a state where i have more freedoms than i do here in the district of columbia so if you if you live in a city where you're not allowed to arms are allowed to put a lot on farms and you're already completely dependent on the government for your own protection then yeah it would because be afraid but you shouldn't be afraid that your over all are concerned that someone is taking advantage of you for being disarmed but that there's a massive government effort to keep people disarmed under some power to keep these rights away from us despite our founders' best efforts to protect them and the constitution ok so you're talking about that right tha

then it will guns right back because it argued this is the case that new york mayor michael bloomberg exploited that video to push his gun policy agenda here's a little bit of that. the latest now kind of plot instructs terrorists on the bike guns in america so what are you waiting for. all your member of congress tell them to close the loopholes that let terrorists and criminals barred guns and we wanted to take the opportunity to exploit the subject for our own use to have a debate over gun rights and gun control in the u.s. so earlier i spoke with our own adam koch ashleigh's host of adam vs the man i asked him what's so wrong with mayor bloomberg another is fighting to close loopholes that keep guns out of the hands of people who shouldn't have them here's his response. well there's nothing wrong with having a legitimate debate about that policy but to say here's something that we can make people really afraid about and we can leverage politically and exploit it to push our agenda you know that really lowers the debate because there's no logic there's no rationale behind this we c

bloomberg says he's not doing it. >> an gus king, a great name in u.s. politics was on another show this morning, ""the daily rundown"." he brought up a candidate. listen to who he floats as a potential candidate for a third party ticket. listen. >> i think it would be somebody, a guy names chuck hagel, a republican senator from nebraska -- >> who endorsed obama, essentially. >> he's a terrific guy. i could see a guy like that and a democrat coming together to form a team that could change american politics. >> chris, this goes to the idea that because the business community isn't well thought of these days, you are not going to get a businessman. warren buffett is probably too old to run for president. >> first of all, who was that handsome guy interviewing him? >> bring it on. i know. he's better looking this morning than right now. >> chris, i thought he was going to mention chuck todd. >> yeah, well -- >> you know, you bring up a good point. wall street, business tycoon type is going to wear a little less well after the bank bail out and everything w

i'm jane king from the bloomberg business report. >> u.s.ials are investigating a hacking group's claim that it stole 90,000 military e-mails and addresses. these are addresses and passwords belonging to the government's homeland security consultant bruce hamilton or defense contractor such as lockheed martin. they are made up of a members known for a recent hack on government and corporations. no comment from the government. >> the justice department says it will begin requiring firearms dealers in california and other border states with mexico to alert officials any time they sell more than two semi-automatic rifles to someone in a gief five-day period. they say federal officials the new requirement will help authorities detect and disrupt border smuggling gun operations. it will affect some 7,000 dealers. they are highly sought after by drug traffickers. >>> we're learning more about some of the attempts the u.s. government made to track down osama bin laden. the british paper guardian says the c.i.a. organized a fake program in the town

. >> reports that bloomberg and apple and google are considering bits to phone designed technology.igital has 1300 patents. they bought more than $4 billion in patents. the technology patents have companies to defend themselves against legal actions. >> the dow is up about 67 points is in the green and bloomberg is a bit lower, down about quarter of a percent. >> and exxon mobil is most valued company, the oil giant may be about to lose that distinction and guess who -- the company's performance, apple is poised to overtake as the most valuable public company. exxon mobil $410 billion and apple is $309 billion. right now it's down a little bit. i'm jane king, bloomberg news. >>> as we enjoy relatively nice temperatures here in the bay area, forecasters say nationwide today and tomorrow will be the hottest they've been since 1950. heat watches and warnings were in effect in more than 30 states. it felt like 130 degrees in some areas. in iowa, blistering heat buckled this highway. scorching temperatures expanded metal causing water main breaks in oklahoma city. temperatures are foreca

bloomberg business report is coming up. >> and twitter heongs, hackers take over fox news accounts andthere is a fatal attack on president obama. >> move over 3-d. a small company that is [ mom ] can a little bowl of cereal change your life? i think it can. one of the challenges for kayla being gluten-free is actually finding choices the whole family will love. five flavors of chex are gluten-free, including the honey nut flavor, and that's amazing to a mom like me. as a parent you dot want to have to tell your kids "no" all the time. it's nice for me to be able to say "yes" to something th they want to eat. [ male announcer ] chex cereal. five flavors. gluten free. >>> coming up on 6:44 on this independence day. and there is moisture up in southern california. scattered thunderstorms around palm springs possibly around yosemite. 93 in yosemite. 87 in tahoe. sunshine along big sur to 81 in l.a. >> it's 6:44, fox news says political twitter account was hacked and is apologizing for any distress caused by tweets of president obama's assassination which was false. it came before midnight.

. >> we talk to michael bloomberg about marriage, taxes and washington on the rocks. >>> welcome to the program and there's lots to get to today but first, some news since your morning papers. it's a day of remembrance in norway. a country that's reeling from friday's bombing and shooting massacre that killed 93 people. this morning in oslo, a memorial service of sorrow and hope. the king and queen are there as is norway's prime minister who declared that we will never give up our values, our answer is more democracy, more openness, more humanity. abc's miguel marquez joins us with more of what's been described as the first massive attack by somebody who's described as a christian extremist amid fears that it could become a rallying cry for the right wing fringe in europe. >> reporter: christiane, we are learning much more about the self-confessed shooter anders behring breivik hours before he went on his rampage. he posted a video and a 1,500-page manifesto online. it's a racist anti-islamic creed urging european conservatives to embrace martyrdom and also hearing some incredible survi

it is no secret that bloomberg is a well-known name. -- ask away about bloomberg. can tell you that i report to a number of season journalists, and i have never been told we should or should not do a story for political reasons. that is not the way it works. host: previously he was a european economics correspondent for the international her heral- tribune. he freelances in places like central africa. he writes on twitter -- an oversight committee is different than the spiro. he does raise a question, which a couple of the callers have mentioned, about what his role -- some have voiced concern about growing government. he raises the point of what happens once the bureau makes the finding. guest: it definitely has some teeth. he himself of the former attorney general. they can take people to court in civil cases. if they have a criminal record, they have to pass that on to the justice department. this is an outfit that clearly has the potential to be very proud nations when it comes to litigation. i would expect that over time. look at details of the consumer financ

news. -- this could impact the rupert murdoch empire, i am joined by a senior business writer for bloomberg news. what can they say that will reassure shareholders? >> i think shareholders will want to hear that the worst is past. there's a sense among shareholders -- viavoice given rupert murdoch -- they have always given rupert murdoch a bit of a break. there has always been a bit of a murdoch discount thinking he is going to do what he wants to do and do not always what is best for shareholders. they've given him a break because he has a good view long- term of where the company is going. now he and his management team look like a group that is not in front of the news. they continue to get hammered by events. they are not prepared for it. they're constantly reacting. i think shareholders will want to see that the worst is behind them and they have their arms around this and know where it will go from here. >> is there any threat to the murdochs themselves? are their personal reputations so damaged it is now a liability for management? >> there is a possibility that is the case. the boar

some of bloomberg's properties compete with murdoch.ey anthony shows 17% would absolutely welcome anthony's of the not guilty verdict after she faced charges. >>> gold surge go to a record high this morning after concerns about a u.s. debt crisis and government debt problems in europe. at the new york stock exchange, i'm jane king. >>> caltrans will have to do major surgery on the san mateo bridge to repair a cracked steel beam that was put in place during a retrofit. the bridge will have to be closed for two weekends next year to do that job. wish boned shaped steel beam east of the high-rise section has developed a ten inch crack. crews made a temporary fix to the crack but permanent repair will cost an estimated $12 million. engineers are trying to determine the exact date of the closure but we will keep you posted. crew of the space shuttle atlantis will finish packing up today in premise raise of the departure of the international space station. cargo bay is spilled with space equipment and trash. atlantis will undock tomorrow and

president's news conference earlier today in washington, with chuck todd of nbc news and hans nichols of bloomberg television. >> i think in the president' press conference we heard sort of a resignationf sorts that look-- he knows how this is going to end. he is going to get a small deal of some sort. and heants to just define the terms of the post debate after the debt sealing is raised and after he signed some sort of bill tt might cut a little bit of spending but isn't going to include any tax hikes of any sort. might include a commission to look at entitlements or a congressional commission to look at tax reform. but ultimately it felt le almost a post debate. charlie: we look now to global implication of the conversations in washington and also in europe, the issue about sovereign debt. joining us for that, john chambers of stdard & poor's, zanny menton of the economist magazine, gillian of "the financial times" and bill gross of pimco. >> the problems as john says may have actually helped the u.s. in the short term but we have the potential of a really perfect storm here. for some kind of a