tell me, who is einhorn and who is the bradley foundation?well, einhorn is just a local family foundation run by a hedge fund manager out of milwaukee, wisconsin. the bradley foundation, i mean, they're the granddaddies of them all as they say. bradley has financed close to half a billion dollars since 2000 in terms of funding the right wing infrastructure, the junk science. they've now got into funding organizations that are trying to repress the right to vote. it is massive. as you've said, the guy behind it, michael grieve i, a king maker. he's connected to scott walker as his campaign co-chair. he's connected to paul ryan, who paul ryan called mike grievey, his political godfather and reince priebus, when he was fighting to be the rnc chair saying this is my guy. >> scot, you want the simplest explanation for everything. when you look at this map, if you were to put this king maker, grievey at the center of a map and play that map out, the money badger map, it is pretty extraordinary in terms of the connections. they are not just sort of

tracy: charles, give us a list of all einhorn stocks. ashley: counter einhorn. >> i know how to make friends an influence people. ashley: all right. a little after quarter past the hour. as we do every 15 minutes let's check the markets. the dow still up in positive territory. go to nicole at the nyse. another day, we've been talking about it, special dividend. >> that's right. tell chars, dave einhorn is on phone for him. look at costco. it has been a top performer on the s&p 500. look at this stellar performance from this retailer, wholesale retailer. it has joined, there are over 100 companies now that have accelerated dividends, special dividends, all of this to avoid the fiscal cliff, right? so ideally what we're hearing, lawmakers don't figure it out, taxes will go up on dividend payments. so what the companies are doing, they're paying special dividends. in this case costco is doing it. it will cost them $3 billion. $7 a share for this special dividend. they join weight watchers and wal-mart and ethan allen and dillard's and las v

david: how much money did david einhorn lose today?e's a guy that not only bet against it, but tried to encourage as many people as he could to bet against it back in october. >> reporter: well, it's down 35% year to date, so i guess if he sold today before earnings, he's all right. or bought it back, right? liz: he's smart enough to have all kinds of stop loss programs put in place. nicole, thank you very much. >>> today marks three weeks since election day and still no sign of a compromise. if congress and the white house remain at odds, will we fall off the fiscal cliff, and what happens? david: rich edson joining us with the latest from capitol hill, and we just heard a trader at the cme say it is very dicey, at least the traders in chicago think it's very dicey, it could go either way. are they right? >> reporter: they are right, david, and congressional aides say we're still at the political posturing phase of all this, both sides going out, selling their message. maybe some real deal make anything the next couple of weeks. harry

don't know if einhorn is still short it. but if he is, i lost money. not only the cost to borrow but the stock is actually higher than it was two years ago. >>> shares of apple also trading lower today in perhaps another sign that investors just can't get on-board with the new ipad mini as that hit the markets today. is it worth it though? scott, senior editor at cnet. give us the bottom line. >> the good, the fact that this thing is every bit as versatile as an ipad in a smaller size and it is the most affordable ipad apple has. the bad is that compared to other small tablets out there, it is expensive. the kindle fire hd around barnes & noble's new nook tablet are at $199, not $329. the screen a little lower resolution. fur a reader or techie, you may notice that. bottom line, it is still the most useful tablet. if you're going to spend $330 on something -- >> why when i can spend $499 and get the full size one. >> some people might say why do i need something that just has extra features when i want to get basic stuff done and don't want to use it l

if you had gone with ray or david einhorn, a lot of individuals who happen to have the skills to performy well. it's the investor's job to find those people. not necessarily make blanket statements about which style works and which style doesn't. >> you know, ron, my issue is you're not talking 30% or 40% underperforming. you're talking 80 -- 75% or 80% outperforming. i think that's asking investors to basically find the needle in the haystack. to me it's the fed. the fed is manipulating markets, influencing markets. it's risk on, risk off -- >> but i don't think it's going to stay that way. >> the average investors doesn't have access to david einhorn, right? >> has access to contra fund or slidly performing mutual funds. go to morning star and find active managers who outperform on a consistent basis. >> that's fair enough. past performance is no guarantee of future results. >> that's true in passive investing as well. people were saying to buy the chinese etf for the last five years. if you did that passively, you were down passively 50% while the s&p was up 110. it's not as easy as s

let's try another one here this this one is from lamar einhorn.nyone who can translate what they're saying for us?" really, yes. there's a guy who's been bugging me -- he's bugging me to come on the show and he swears he can translate what turkeys are saying. please welcome back to our show animal expert randy williams, everybody. [ cheers and applause ] ♪ >> jimmy: yeah, man. >> what's up? come on. >> jimmy: nice to see you, randy. good to see you, man. >> come on, get real. thank you. yeah. great. thanks. no, really? >> jimmy: what? >> bugging you to be on the show? bugging you to be on the show? >> jimmy: yeah. >> i sent 34 faxes, okay? but you know, i just thought the first 33 didn't go through. [ light laughter ] >> jimmy: you thought the last one went through? >> i was sure it did. but i'd like to just bury the hatchet 'cause i'm that kind of guy. so, let's just bury the hatchet. [ light laughter ] >> jimmy: all right, man. >> okay? >> jimmy: yeah, very good. >> all right. >> jimmy: i'm glad you're here. >> okay. >> jimmy: randy, thank you,

. >> david einhorn made a play but i thought he might have gotten out of it.mark fisher, mbf corporation, managing manager of monroe capital and mbf trading. someone e-mailed in and said you cut him off at the most interesting part of the interview. you said the world over the next five years would be up or down 15% and i said what do you do in that environment and then i said we have to go to commercial. what do you do in. >> one, you settle volatility and if you can handle the stomach pain of every time the market looks great you sell and every time it looks terrible you buy it, you made the comment about japan going nowhere, i think we're going relatively nowhere. there will be some sectors like the gentleman from citibank on before ted morris talking about import prices of oil. i think he's wrong but even if he's right or wrong the refinery stocks over the next couple of years explode because we may be producing more oil in this country but we're not building any new refineries. you look at the stock prices of the companies, they've gone up 40%, 50%, 60% f

selling off and selling off more and you're seeing big guys taking money off of the table like david einhorn stake, and doing much of the same. mention a market cap, still below $500 billion but earlier in the day it was below $500 billion the first time since may so we will watch the tech giant but 547 is no $700. tracy: is not and 522 the next resistance level and guys like david do something like that it scares the market and selling began selling. we will see you at the top of the hour. coming up is the united states in need of a new electrical grid? people in long island, i know what they are going to say. could we afford it? leading analyst weighs in on that but let's look at today's winners and losers as we head to break. the dow down 34 points, 40 of that attributed to walmart but on the nasdaq research in motion believe it or not up 3%. cisco systems still up, yesterday's earnings call. we will be right back. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350

. >> david einhorn had made the bid deal. >> target would make arch stone the biggest commercial real estate ipo ever and the listing will be in the form of a real estate investment. and twinkies aren't dead yesterday. hostess and its second largest union have agreed or a bankruptcy judge has said why don't you need mediate. try to save the 18,000 jobs. although they're been arguing for a year already. if they can't agree, they'll go back to it. but the goal is to keep the maker of baked goods like twinkies, ding dongs and ho-hos from going out of business. i have a picture of my stash. >> how much did you get? >> they were going store to store. >> and the only reason i didn't, we had such a crazy weekend. >> two of everything, like noah's ark? >> yeah, i've been watching to see if they would make more so i'll never run out. but no movement in the boxes. >> keep one box and eat the other box. >> some new tabt -- >> i'd like to make a bet at this table right now. i did some reporting on this yesterday because i wrote my column about twinkies. there is very little chance. >> you know wh

i don't know what david einhorn was thinking about this now.brewing system also forecast earnings for the current quarter and full year which were much stronger than analysts expected. >>> s.a.c. capital set to hold a conference call with investors. they're expected to talk about the insider trading scandal that has hit the hedge fund giant. >>> and then, a closer look at the regulatory landscape with eric dinallo the former new york state insurance superintendent. >>> also at the top of the next hour, warren buffett on the fiscal cliff, markets, and much more. a special interview with mr. buffett. "squawk" will be back after a quick break. >>> time now for today's aflac trivia question. what song is the best-selling christmas single of all time? the answer when cnbc's "squawk box" continues. hope i don't miss work this christmas. yeah, how will you pay for things like food... electricity? dental bills... gazooks. you need a back-up plan. [ santa ] ho, ho, ho. that's why we have aflac! so i'll have cash to help pay bills! great...but what if yo