unlikely investigations, however, by the fec. >> and you, paul s., correct? >> that's correct. >> paul, thanks for joining me this morning. big, big numbers. >>> coming up, donald trump's meeting with members of hispanic and african-american groups, any minute now. >>> plus, the latest from italy as the death toll continues to climb from yesterday's devastating earthquake. using 60,000 points from my chase ink card i bought all the fruit... veies... and herbs needed to create a pop-up pick-your-own juice bar in the middle of the city, so now everyone knows. we have some of the fresst juice in town. see at the power of points n do for yr business. learn more at chase.com/ink this is todd hardy. a tness buff, youth baseball coach-and lung cancer patien the day i got the diagsis, i was just shocked. e surgeon in dallas said ie the top left lobe ofy lung removed. i wanted to know what my other options were. and i found that at cancer treatme cents of america. at ctca, our experts examine a variety of therapies, treatments and technologi to identify a pl

. >> guest: the fec, federal election commission is a body that was created after watergate. it is supposed to be bipartisan, unlike a lot of agencies it has five members so that the president's party has a majority. majority. this one has three republicans, three democrats. what it is supposed to do is hear complaints, campaigns or private citizens can file them in someone says they broken a campaign-finance law. what we have an i will put in the book is that we have a lot of examples of the staff inside the federal election commission. again. again i think it's an ideology thing. they don't like money and politics either. it's just sort of naturally disinclined. it's not their job to have a statement on that or to rigged the system in any way against money. we have the laws that we have, but you but you can tell that they just generally do not like it. i think it is true that republicans often embrace it, you see a little bit of a bias there. they don't like the republican groups that have complaints filed against them. that is what we have, there some stories of it in here

. >> have to be reported to fec but there's no limitation to promote candy to the rnc. >> regardlesse wins chairmanmanship, -- chairmanship. there's changes and that battle will have to wait until november. adam: that was james rosen in washington, d.c. thank you very much. lauren: coming up the u.s. continues to lead in gym nis, individual gold medal. all the highlights coming up. suicide squad number one at the box office. >> everyone will die otherwise. lauren: it's doing a lot better than expected. big opening week for sausage party. right now you're watching fbn:am, first look at moing markets and breaking news. ♪ [announcer] is it a force of nature? or a sales event? the summer of audi sales event is here. get up to a $5,000 bonus on select audi models. hey how's it going, hotcakes? hotcakes. this place has hotcakes. so why aren't they selling like hotcakes? with comcast business internet and wifi pro, they could be. just add a customized message to your wifi pro splash page and you'll reach your customers where their eyes are already - on their devices. order up. it's more tha

marÍa elena: el juez federal de california dijo fec para un juicio civil en el que el candidato tuvoanda. los demandados alegan que la universidad de trump y el propio trump se confabularon para ofrecer material con el objetivo nebuloso. la candidata demÓcrata reiteró sus crÍticas a las prÁcticas de negocios de donald trump. desde denver, colorado, dijo que si trump quiere que amÉrica sea grande otra vez, deberÍa empezar por fabricar productos de los estados unidos. clinton hizo una lista de los productos de la marca trump que se produce en el extranjero. con un aviÓn serÁ publicada hoy la zona de miami donde se han presentado por lo -1 docena de casos de transmisiÓn del virus del zika a travÉs de mosquitos. autoridades dicen que el insecticida que usarÁn es seguro aunque en puerto rico fue prohibido. el alcalde del condado miami dade enviÓ un mensaje de tranquilidad a los habitantes del Área. vilma: la lucha desesperada para acabar con los mosquitos transmisores de zika y evitar que extienda al resto del paÍs, se trasladÓ de la tierra al aire. ahora los mosquitos se publicarÁdesde e

the fec said potential buyers could offer a good deal which could be less than what car owners can get from volkswagen under the settlement. >> a wake-up call if you have a camera to keep tabs on what is happening in your homes someone else could be watching. the texas summer discovered strangers were viewing the stream from a camera set up in her children's bedroom, an oregon mother saw and alerted the houston mother through facebook people are watching my kids in their home dressing, sleeping playing, your worst nightmare. >> in the system is connected to the interest rate it is vulnerable and most of the systems are not designed to be secure. the mother believes that someone hacked into her camera through a video game her kids were playing. >> there are quite a few barts on bart, with 20 dressed up in bart simpson masked traveled from car-to-car from embarcadero on tuesday. artists say that this is the first bart on bart public art project. the idea is to get people off their cell phone and interacting with each other. the horror! those involved have more ideas in the works. >> i ge

. >> 60 days to the fec.ut i think part of the problem is i suspect they didn't raise as much money as they needed to. and i think there's money to it that still has to be raised. because i know governor rendell was working the phones like a madman. everybody i see in town tells me they got a phone call. >> did you get a call? >> ah, ajay got a call. >> i'm sure ajay got a call. [ laughter ] >> i think sunshine is the best disinfectant, and if they don't release it, assange or wikileaks will release it. i mean, we learned that lesson now. but i don't think -- i agree with sam. i don't think there's anything that they're hiding. i think they're just trying to get their act together, still trying to collect more money. >> there may be a spillover to the city, that the city may have financial obligations that it wasn't counting on because the party didn't fulfill it. >> do you think the voters really care about this? >> no. >> i mean, she raises a great point. we need to, you know, put pedal to the metal, but i

. >> the fec that it is after watergate. and how that has the majority of republicans and three democrats to hear complaints they claim summary has broken the campaign finance law but what we have is a lot of examples inside the federal election commission this is ideology data like politics either. edison their job to rig a the system in any way but generally they just don't like that because they often embrace that they like those republican groups and that is what we have but one commissioner you manage to root out some pretty ugly and -- of the samples to bring charges to change things around. and we expose some of that. >> lots of the lawyers that is the typical ruling classes feet from those who were not smart enough to appreciate all of progress the left can offer and then to say what goes on with the simple partisanship is this a way to be thinking with the use of government power. >> you can see that in the irs and other intimidation things. the wisconsin prosecution but you have is a bureaucracy and preprogrammed l

undergoing a not at preventing him from releasing his tax returns -- i would be interested to read the fecx: i asked both of you these question -- this question -- is there such thing as a pivot in american politics in this day and age? mike: i think you can evolve a bit at you cannot be the man of thousand faces. part of the problem trump has is that he has pivoted so many times, when is he not pivoting? he is like a real time pivot machine. it creates a number of trust issues for his voters. it's it has political interest to be less terrifying on the immigration issue but if he ever starts to gain traction, he will pay the price when it comes to his supporters that are very nativist. i think he has checkmated himself on that. you will see lots of pivoting optics, the occasional kinder adjectives. they will start putting soccer moms behind him at the rallies, but the core message never changes because it affects trump. i don't think any campaign management team can put it in the box. john: i'm not going to let you answer the pivot question because we are running short on time, but i want

that according to a filing with the fec. that takes sales to one point $4 billion in 2016 alone.hares of the online retailer up 30% this year. david: a potential sale could value the treatment at $500 million. valeant declined to comment. that is your business flash update. a company said a drug for lung cancer failed clinical trials. if you take a look, you can see how shares plunged. is cynthia.ow tell us about the drug and what exactly happened in the trials. studyan interesting case in how you design your trials. bristol's a case of work drugs necessarily. it's that bristol try to target the biggest population. that group was known to be a better responder to this type of shownnd merck's data has that drug works in the small patient population. if bristol had done the result, it would have a tremendous because it would have made them the leading therapy for first-line lung cancer, a big patient population. it would have represented a big advance for lung cancer. it didn't show that. that's not necessarily completely unsurprising. they were trying to do something different but

fec even if it is a dud, if it lands on you, it will crush you like a bug. you can feel the ground shakes when the bomb exploded. one direct hit, hit the wall of this billing auilding. this is of course, ammunition magazine of 300 gun powder barrel. it did not go off and it probably did not do much than knocking a few bricks out. it panicked everyone. oh man, it went over and exploded, it would have been anatomic bomb going off and could have changed the whole outcome in the battle and one lucky shot. guys were running in and spreading them out and one lucky shot would take everybody out. there were some direct hits and i think these direct hits really show the types of defenders who were here. there is one direct hit that landed on a point or bass gym of the fort. there is a guy name was levy cla k cken. he's a prominent businessman. he came out his stomach and buried himself two feet in the ground, killed him instantly. it shows you the power of one shell. clacken, he had a full blown military funeral. his name is in a special monument in downtown, baltimo

we learn this from the financial disclosure they provided to the fec. the trump campaign spent more on domino's pizza than on melania's speech. evenho them in 30 minutes or less. [ laughter ] [ cheers and applause ] in a prepared statement today the speechwriter said, i worked hard for the money, so hard for the money, i worked hard for the money so you better treat me right. meanwhile, revealed today that donald trump, the trump campaign, used campaign contributions to buy $55,000 worth of donald trump's own book to give out as gifts at the rnc. illegal, it's like sending yourself flowers on valentine's day to the office, it's sad. delegates at rnc were given canvas tote backs with a copy of his book, kleenex, make america great again cups and t-shirts, and plastic fetus figure reasons. you know, when you're traveling and you need one. sounds like the worst oscars gift bag ever. they bought the books at barnes & noble for full means for the first time since 2006, someone bought books at barnes & noble. which i believe counts as a charitable donation. [

the fec, t f commission, cracking down on bogus candidates who enter races just to put if you know names in. deez balls would be one example. >> i think it's deez nuts. >> did you throw that in to sabotage me? did you do that to end my career? >> no. that was accidental. >> we are talking about the same thing. so it just kind of rolled off >> all right, deez nuts, that's the one my kids like, for obvious reasons, they are 12-year-old boys, this one still polling at 10%, and the federal election commission says they are tired of the jokesters. >> forget the f.e.c. how about the fcc. we are going to lose our license over that. th i wrote that for you. >> how you turned nuts into that, that was a typo. that was freudian. >> a freudian slip. yeah. >> women, we do everything. >> sabotage your male coanchor? >> sometimes it seems like men have all of the fun, and it seems like that might be true well. women are more likely to have worrisome dreams, stress dreams, while men are more likely to have fun doing things like flying. >> can i get back to deez appendages? that was on my. >> i wrote it

we're going to see his fec reports. to $3 million to try to keep his seat in a primary against a guy who has been a businessman his whole life. people are upside with paul ryan's agenda. he had to go on local radio here to reassure people he still had a soul. just like christine o'donnell had to say she wasn't a witch. listen, if you can get the speaker of the house to go on and say you still have a soul when in fact he sold his soul to the globalests. and i called him a soulless globalest. >> what does this mean to you now that donald trump is not, you know, standing by his earlier commitment to you? yes, you say it's for party unity, does that make it excusable in your view? >> donald trump's message hasn't changed. he is against foreign corporations taking our jobs. and paul ryan is the biggest open borders, anti-worker, pro wall street member of congress on either side of the aisle. donald trump is not endorsing paul ryan's tpp plan to ship our jobs overseas. donald trump is not endorsing paul ryan's let's bring in

she has to report it to the fec but there's no limitation on the use of fund piston pro -- funs to promoteheir candidate so i to the chair. >> she was replace reince priebus who has not indicated if he is going to run for a fourth term to lead the rnc. >> how does donald trump figure into this? >> trough. success until his bid to win white house it's all but certain the next rnc chair will not be fiorina. a republican president hat considerable say who chairs the party, and during the primary season you might recall that fiorina and trump had a number of very harsh exchangeses. fiorina became the running meat of ted cruz and to date has not endorsed trump and no indication she will do so. itch elected to chair the rnc is it likely she will oversee changes to rnc rules and give him some power to select party officials. the changes could help pave the way for ted cruz to make another run for president. >> more on that. thank you, david lee miller. >>> there was word that hackers can get inside your car without busting through a window or prying open a door. a new report says computer securit

clinton and trump are off the campaign trail both are pushing big fund raising efforts ahead of the next fec deadline. lauren blanchard, fox news. >> well tragic start to day in st. petersburg. police say a woman in wheelchair was hit and killed by a tow truck. this happened in area of fifth avenue north and 34th street. officers are looking into what led up to that acci you're going through downtown tampa. some major roadway construction is under way in channelside district. today that includes closing two lanes on morgan street at channelside drive right across street from amalie arena. fox 13 jen epstein takes look how long this project should take and what it means for the area. >> driver around channelside is about to get a bit more challenging. today is day 1 of an 18 to 24 month project to change this while channelside district for morgan street. that's what we're standing on right now. two lanes are blocked off along morgan street. traffic is still able to access one lane on either se of roway one lane northbound southn between old waters street. this is going to last until november.

. >>> momentos de pÁnico se vivieron en ferguson donde se fec actuaba uno manifestaciÓn pacÍfica recordandores. la vÍctima fue llevada al hospital con lesiones g. chofer fue arrestado y dijo que no lo habÍa hecho intencionalmente. >>> un nuevo escÁndalo salpica a la primera dama de mÉxico. el periÓdico informo que rivera ocupa un departamento de lujo en miami que serÍa propiedad de una empresa que espera tener contratos con el estado mÉxico, el gobierno de ese paÍs desmintiÓ la publicacion, pero para este abogado en mÉxico el incon entre la compaÑÍa y la primera dama es preocupante. >>> probablemente mÁs grave yo creo que se confirma dos casos de conflicto de interÉs muy claro. >>> en marzo del 2014 la compaÑÍa cuyo presidente es ricardo, pagÓ los impuestos del departamento que se le angÉlica rivera con un total de 29703 dÓlares. >>>. >>> en mÁs de mÉxico, donde la cifra de muertos tras el paso de earl continÚa en ascenso las autoridad confirmaron la muerte de 50 personas, en veracruz se declarÓ el estado de emergencia para 26 municipios despuÉs que la tormenta arrasara con 6300 viviendas y

. >>> july fec filings on campaign donations are out and donald trump support from hedge funds seems falling short. kate kelly is at hq with more on this money race. >> hey there. a few weeks ago fund to fund managers and trump supper guessed some 20% of the campaign's $70 million in july donations would come from hedge fund managers. based on what he had seen as the results were published by the fec over the weekend seemed the industry chipped in far less than that. the good news for trump his campaign raised $80 million including many small donations which was a trend that helped barack obama win the presidency. but in early check of the recent tax filings and i'll make the disclaimer still early, suggests that a mere 2 million or so came from the hedge fund industry not $14 million. the vast majority came from secretive renna san's technology robert mercer who gave to an anti-hillary pack called make america number one and a $75,000 donation from robert bishop who runs the hedge fund in connecticut. but some of the big names acting as trump's economic advisers including, for examp

she'll have to report it to the fec, but there's no limitation on the use of those funds, to promote her candidacy to the rnc. >> regardless of whether carly fiorina seeks or even wins the rnc chairmanship, party insiders tell fox news there is a real hunger in the grassroots for changes to the way the rnc governs itself. but that battle will have to wait until after november. doug? >> james rosen, thank you, james. >>> well, like it or not, political polling has become a huge part of the way the media covers elections. tonight, my colleague, bret baier, has the nuts and bolts of good polling and not so good polling and how to tell the difference. >> in the presidential race, a brand-new abc news/washington poll. >> hillary clinton is extending her lead over donald trump in several national polls. >> as you take a look at the real clear politics average of polls. >> reporter: polls are everywhere. >> our new nbc news/survey monkey online tracking poll. >> reporter: and one thing is clear. most people, especially trump supporters this year, don't like them, don't trust them, and don't

fec rules state you cannot be an independent director if you have a financial tie like this to a company. we hope they do. i know a lot of you would, too. stocks falling 5%. closing bell ringing and 45 minutes. dragging the dow lower. united health group and mark along with caterpillar. get your craft here. craft brew alliance signing a 10 year distribution deal with anheuser-busch but the maker of these are two small beers like kona brewing company, square-mile traitors. they will see 300,000 miles 300,000 miles of here. investors got going down the stock today, jacking it up by 22%. good job. as soon as the session started in just less than five minutes, the dow jones industrials reflected all the fear fined 1089 points. that was one year ago today which cause total mayhem. the markets plummeted more than 1000-point ipo pain. i was there on the floor of the new york stock exchange that day. neil cavuto was back here working at, kicking it. today are up for traders are on the floor to tell us if they see another plunge or record highs. which comes first. more about that when we come rig

. >> so, this would be another element added within that fec regime that does dictate, in effect, behavior> i think you can say that. the reality is, the american people have a right to know and you've been touching on these questions throughout the show. for example, whether a political candidate has foreign investments. are there conflicts of interest there. does a candidate give to charity? these are questions that seems to me, democrats and republicans have all said, in effect, go with the turf. nobody is required to run for president of the united states, but there's been a standard that you would disclose this information and has, apparently, been the case fairly often when mr. trump thinks it's convenient. he just ignores the standard. >> i would like you to address something since you're the highest ranking democrat jurisdiction over all of this in the senate, address something that i answer every once in a while on twitter, why doesn't the irs release the returns, why can't they say whether they're auditing donald trump or not. i try to explain, the rigorous privacy that surrounds

let me just point out here that is exactly what the supreme court ruled in 2014 with the mccutcheon v fec case when it says it does not lead to corruption. tell me, bring that to the american people and ask them if they really believe that. that is unfortunately the system we have been given. >> we have this system. basically there's two kinds of politicians like there's two kinds of everything. there's the rich person who can pay their way right through. trump was certainly doing that pretty effectively. the rockefellers, corzine in new jersey, frank lautenberg. they can write the checks. you want those people running the country? or the other kind of people like the clintons? they basically live off of the friendship of people and the money they give to them and those people are still their friends when they get elected. >> they are. two things, one, to the idea that this is a noble foundation and it is, the inferences that but for this relationship, those people who gave that money wouldn't give that money. well, if the foundation is that noble they would have given it under their own

she'll have to report it to the fec, but there's no limitation on the use of those funds, to promotedidacy to the rnc. >> regardless of whether carly fiorina seeks or even wins the rnc chairmanship, party insiders tell fox news there is a real hunger in the grassroots for changes to the way the rnc governs itself. but that battle will have to wait until after november. doug? >> james rosen, thank you, james. >>> well, like it or not, political polling has become a huge part of the way the media covers elections. tonight, my colleague, bret baier, has the nuts and bolts of good polling and not so good polling and how to tell the difference. >> in the presidential race, a brand-new abc news/washington poll. >> hillary clinton is extending her lead over donald trump in several national polls. >> as you take a look at the real clear politics average of polls. >> reporter: polls are everywhere. >> our new nbc news/survey monkey online tracking poll. >> reporter: and one thing is clear. most people, especially trump supporters this year, don't like them, don't trust them, and don't think t

a former deutsche bank risk officer is refusing a reward from the fec, which would be in recognitioning the whistle on the lender for overvaluing derivatives. but in turning down the money, he says the regulator should have gone to senior executives in the case rather than putting shareholders on. we're joined on set with the details. what message is he trying to communicate? is he being dogmatic or pragmatic in terms of changing something? >> well, it is unlikely that something can change at this point, but he is clearly a very principled individual. he says he was looking out for shareholders all along, and that the sec should have gone after the invectives involved rather than making shareholders pay up, presumably who were the aggrieved party to begin with. the bank was in stating its financials correctly. guy: is no money going to be paid, or is some money going to be paid? . [laughter] that is yet to be seen. we are going on a column he wrote, so i'm sure there are some details. ex-wife having some claim -- guy: they are not completely off the hook. >> rate. -- right. the overa

i don't know at what point that reaches the level that corporate governance experts or fec people would be interested in or at what point any of this becomes criminal. >> woodruff: which is a w question we can't know the answer to at this point. shelley ross, you did write that you've known roger ailes sinceer the beginning of your career practically. you wrote of meeting him over lunch. he proposed what you described as a sexual alliance as you were going to work for him. your lawyer contacted his lawyers. he then apologized. you did work with him. you have since stayed in touch with him over the years. but you go on to say in this article you wrote in "the daily beast," you said "sexual harassment in network television is pervasive." how pervasive is it? >> it's everywhere. it's everywhere i worked and it has many levels, many facesc being thrown into a swimming pool on a company picnic iss sexual harassment. it's an act of hostility. i was the one at abc, i was the producer doing this very first stories on sexual harassment around the time of anita hill's testimony against clarence t

i understand your lawyers are preparing a claim with the fec against debbie wauserson schultz alleginghe was unfairly using resources to influence this election. do you have any hard proof of that? you say those leaked e-mails are a part of that. >> sure. the wikileak e-mails are the big part of this case. my lawyers have been going through these e-mails. 19,000 e-mails. we're not rushing to get the complaint together. it's a treasure trove. and it's very clear that wasserman schultz was using the dnc resources to monitor my campaign and strategize on how to crush the campaign. that's a violation of federal law. so we're preparing a complaint to the federal election commission on this. that's just the tip of the iceberg on what she was doing at the dnc. a lot of folks are very unhappy with her. she'd be a drag on the ticket at this point. she was neglecting the interests of this district for a while. the highest absentee rate in florida's delegation last year against senator marco rubio. she's not been attentive to the needs and problems of this district and folks loorking for a change

now, he's in the fec's june filings they have compiled a list of donor hydrogen sulfide that ga --s thatrimaries. historically donors to losing candidates turn around to give the money to the party unit, everybody is together in the end. and with many of the hard line conservative, libertarian candidates, that is what we're seeing, donors to candidates like ted cruz and ben carson and rand paul and scott walker, those donors have largely transitioned to giving money to donald trump, that's what we're use to seeing happened. but that is not what is happening to donors with the established candidates. more of the donors have gone to trump than to clinton, a still big chunk have gone to clinton. when it comes to the don minors of lindsey graham, chris christie, john kasich and jeb bush, when it comes to people who gave them money, those who decided to donate to second candidate have not been choosing donald trump, they've been choosing the democrat. they've been giving their money to hillary clinton, chris christie donors they're not uniting around the republican party nominee for president

according to fec reports for july, clinton raised about $90 million for a campaign in the democratic party. meanwhile, trump raked in more than $80 million for his campaign and the republican part y party tim kaine will travel to las vegas to two events. mike pence will hold an event in iowa while trump has a rally in ohio. let's bring in jacob rascon from our d.c. bureau and with a good day to you, jacob. you heard kellyanne conway's answer on whether a deportation force will remain part of trump's immigration policy. what happened that signalled he might be leaning toward a shift. >> the reason she was even asked that question is because yesterday after the round table with hispanic leaders and trump some of the leaders signalled trump sounded more open to doing something different ly there ar reports that he talked about legalization. those hispanic leaders that we talked to said he never mentioned that word, he asked for ideas about what to do with the 11 million undocumented in this country. the estimated 11 million important what she said there that trump during that meeting sa

trump restaurants paid $125,000, all according to fec records.r backlash from this has been what? >> well, we'll wait and see this. this story hit this morning, and a lot of the donors were under the impression that this is a guy who doesn't spend -- doesn't waste a lot of money. we'll see if they're still eager to open up the wall and write that check once they see how the money is being spent. >> sv dade, thank you for joining us for the reporting on the "huffington post" this morning. >>> coming up, the price of the muc much-need much-needed epipen skyrocketing. went from $100 to more than $500. we'll be right back. i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance comp

a new report based on fec filings says donald trump jacked up the rent in his own -- that his own campaigng for using office space in new york's trump tower. charging the campaign four times more for using the same space once he began accepting donor contributions. joining me now, josh maybe i shouldn't have said the same space because they argue a bigger space just this afternoon tim kaine took this up. take a listen. >> donald trump is renting space in one of his buildings to his campaign and the qualm pain is paying him specially for the space. he was self-funding for a while but once he started to fund raise dramatically he immediately tripled the rent payment that his campaign was paying him personally. so once donors were writing him checks trump said wow, i can get more money personally out of th this. >> it looks like an easy story for democrats. >> it wasn't an immediate jump. the rent payments have stepped up and the trump campaign has said they were using more office space they were initially just using a floor. the strange thing about it, the overall staff campaign hasn't goon

fec filings say the campaign last made a rent payment in may for the property. the olympics does not make it up to expectations. they promised advertisers free advertising. viewing is down from the 2012 olympics. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. i am mark crumpton. this is bloomberg. back to you. federal courts are hanging out the help wanted sign as judge vacancies take a large toll on business litigation. in key cases.s here to talk more about it is she joins us more from washington. thank you for your time. me about the problems caused by a shortage of judges and business litigation. a we talking about it takes a lot of time or do something's not get through? nancy: perhaps both. what we found is there are 90 vacancies from the federal judiciary and 30 of those are considered emergencies. we're talking with the federal district court and the appellate courts, but mostly the district court. what happens is the cases that cannot be heard languish on the back burner and it takes longer lo

most major publicly-traded companies in the risk factors of their 10k and 10q, one of the risks with fec guidance that they talk about is cyber security. >> and we have maybe one more question from the audience, perhaps, okay. thank you. >> so along those lines, what would your advice be for companies that don't have the resources that you guys have? >> i can tell you that in my last company which made about as much money in a year as -- was gained yesterday in macau, you really don't have a choice. that is -- and at some point the general counsel just has to insert her or himself into the process with the cfo, with the head of internal audit and you would be surprised between those three how sophisticated an enterprise risk management analysis you can come up with. you don't have a choice if you're a public company, you have to conduct them periodically anyway. the hardest part, i think, of erm is at some point the d -- the department or unit managers are sophisticated enough to know that it's a play for dollars. all right, so if it is riskier than security or riskier money laundering r