as you know, george soros likes high-stakes tests. >> would you give george soros a call tomorrow morning what he thinks now about a $60 million stadium world sydney spent that money, maybe a good development. >> or on a honeymoon. he got married last week. i haven't read your book. i have to say other reviews are not so inclined to read it. but what i don't understand so far is what is the message employed? poesy doing with the money? how is it being spent and what was the plan? >> that's a very good question, a fundamental question. apart from telling you to read my book coming in now, the truth of the matter is there's not that much of sachs prescriptions that are novel. but jeff sachs was prescribing with baby down done in a systematic scientific way with everything at once. so that's just building a school in a poor community are just building a while. his idea was that people were trashed by poverty and a way that if you look after one problem without solving all of them holistically as academics like to say, that there was no point. so it was really a matter of a single-minded focu

meanwhile, losing money today, george soros along with everyone who owns j.c. penney.tlook for the company with ccerns about liquidity and sales will not improve as much as expected for the rest of the year. nearly 15%. it 13-year low. 20 milli shares. if he lost $35 million today, although that is just "spare change" for him. and they're now available for rent. part of that dream car service which includes lamborghini and aston martin. how are you supposed to calculate the cost? that is all we have for you. i hope you make money. i will see you right back here tomorrow. ♪ ♪ >> ♪ saturday in the park ♪ ♪ i think it was the 4th of july ♪ >> ♪ whoa-ooh-oh ♪ listen to the music ♪ whoa-ooh-oh ♪ listen to the music >> ♪ even the nights are better now that we're here together ♪ >> in the early '70s, rock music mellowed out and showed a softer side. singer-songwriters, acoustic guitars, and sun-kissed melodies took over the airwaves and the soun

george soros likes it at the moment. black men got out.ou see these people trying to gain some type of move. he knows it is going to happen. a tough day today. >> reporter: absolutely is. a lot of short selling at as well. that is another port. liz: nicole petallides watching j.c. penney and so much more for us on the floor of the new york stock exchange. right now we have a broad sell-off on our hands. there are a couple of bright spots. less talk about those. the energy sector looks good. the floor show, nyse-listed cme, and the nymex. this job to you. to what do we attribute this, especially when we are getting inventory numbers every wednesday. one made this a one story and today they say a different one. >> as always, you have to wade through some of the emperor nation and see whether july's. as i spoke last week, technically once we settled below 10480, the market is somewhat of a downtrend. to have dollars lower in crude-oil. the products, heating oil both took a pounding the first couple of days. they found their footing. today was

meanwhile, losing money today, george soros along with everyone who owns j.c. penney.th concerns about liquidity and sales will not improve as much as expected for the rest of the year. near. it 13-year low. 20 million shares. if he lost $35 million today, although that is just "spare change" for him. and they're now available for rent. part of that dream car service which includes lamborghini and aston martin. how are you supposed to calculate the cost? that is all we have for you. i hope you make money. i will see you right back here tomorrow. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" the numbers of iran. the cost of every american for obamacare. already scaring off the very people that have to sign up to make the law work. what you need to know about trading in your old electronics. how do you do that? "consumer reports" is here to help. suzanne somers is here with the new hit book. i'm too young for this. we are watching out for you tonight on "the willis report." ♪

over the weekend george soros got married over the weekend and married tamiko bolton.s is the reception. 500 people attended this reception including house democratic leader nancy pelosi and former u.n. secretary kofi annan attended that reception. soros is best known for the british pound in 1992. the one trade netted him $1 billion. he has been divorced twice. maybe he's in love? >> our best luck to that couple. i think they are going to make it. >> i want to see more video. >> i want to see the prenup. >> always interesting with a billionaire. >> third marriage, right? >> third, yeah. >> good luck. >> third time is a charm. >>> coming up. >> the next thing we know, we heard some shots and people rushing. ak-47. >> terrorists storm a kenyan mall. dozens murders and nearly 200 injured. the standoff with terrorists continuing this morning with hostages still being held inside. arwa damin' on is live with us the latest after the break. heartburn relief that neutralizes acid on contact and goes to work in seconds. ♪ tum, tum tum tum tums! it's lots of things. all waking

first bill ackman and george soros and richard perry are buying into jc penney.s bring in senior editor john carney. john, when we hear these names, we think yippy, that's a good thing. are these types of investors, the activist ones, doing more harm than good? >> the activists are fine when they're engaged in financial engineering, when they're trying to get a company to, you know, pay out higher dividends. when they try to become operational managers, bill ackman is not, you know, a retail store manager. it goes beyond their expertise. finance into running a store. very few can do it well and you're probably not going to do it -- >> if you're an investor in jc penney you have whiplash, imagine the big guys, soros, out be nursing his neck and lumped with this highly diluted offering. the question that i asked courtney and she couldn't hear, lots of noise out there, is credibility shot at management? >> credibility is shot at management level. they were saying we don't have a problem, we don't need to raise money. brings back echos of 2008 when we heard the same

george soros, well-known financeer but his ex-wife may not be quite as good with numbers especially whenmanhattan apartment is gorgeous. susan weber soros recently relisted the upper westside property after lowering the price for second time. it costs only $39 million. 11, million list than the original list price. >> "off the desk", some people may confuse this video with a seen from war of the worlds. someone was driving this vehicle on a highway in russia. the video was recorded by a passenger in the a car on same highway. it already received, get this, 70,000 views. that is scary, looking for a license plate. keep it rolling. maybe we won't be able to keep going. jeez, i don't see that. i don't see a license. asked you on twitter and facebook as ipo fever sweeps ahead what are the best offerings you heard of? jim on facebook wrote in to say i don't get excited about ipos. >> he doesn't care. "money" with melissa francis up next. melissa: i'm melissa francis and here's what's "money" tonight. just hours before the deadline, syria delivers partial details about its chemical weapons sto

. >> billionaire investor george soros got married this weekend for the third time.im congratulations. we would take a look at how dow and gold has done since his first marriage in 1960s. dow at 600. his second marriage in 1983, the dow around 1200 points, gold 412 per ounce. gold now at 1327 per ounce. david: the number one thing to watch tomorrow is the case-shiller index. liz: "money" is next. melissa: here's what is "money" tonight. how much are you willing to pay to keep the post office alive? emergency jump in the cost of rates could be imminent. the postmaster general joins us on what it will take to stamp out bankruptcy. plus hedge fund commercials and retail apps? would it make you more apt to invest? the first ever after an 80 year pan and. and a created campaign he made for us to show us how to make it rain. and now they are laughing all the way to the b

>> guest: i have a soft spot for george soros. i interviewed him very early on and he had just given $50 million to jeff sachs at the time, and he was a very -- he is a cool customer, and he said very casually, well, you know, 50 million bucks. he said, look, it might work, might not work. the worst thing that happens it is doesn't work and i have ugiven away 50 million bucks for a humanitarian cause, and if it does work, well, hell, i mean, that's a bet i'm willing to take. as you know, george sorros likes high-stakes bets. >> what he thinks of what his $50 million did and where else he might spend that money. maybe on real development. anyway. >> or on a honeymoon. he got married last week. >> i haven't read your book and all the reviews i read, i'm absolutely inclined to read it. what i don't understand from what i've read and heart, what their me methods he employed? what was he doing with the money? how was it being spent and what was the plan? >> guest: that's a very good question. a fundamental question. in parts of this te

and the first person who raised their morning, what time did you smoke your first joined with george soros today? [laughter] >> we would have to discriminate between the two worlds that have to do with this problem of drugs. the world of the consumer and the effects it has on people and economythe criminal that, in some cases, leads one to see how this world operates and which breaks down the states. in the colombian case, to be clear, in colombia, we have not resolved the problem of drugs itated to abuse of the drugs what we have been able to ago, a is -- two years had had alombia checkmate with the criminal bands that had funds that were affecting the country seriously. and the firstn consideration is that one and then to fight criminal colombia which is derived from drugs is to use democratic values. if you were to ask me what is the most harm done by drug trafficking and latin america, it it destroyed my credit values and installed mafia values. corruption became a part or is a part of this mafia mentality. which weremations clearly described for citizens. it is difficult to understand

funds who own big chunks of this country, whether it be heyman, harry capital, soros, name only, george soros making those investments. ackman's out, worries continue, jim, about the fourth quarter outlook or about traffic for the fourth quarter, about -- well, any number of things here in terms of what's going on with this company. >> macy's has been doing this gigantic sales, macy's stock has been going down. but when macy's -- when that stock goes down, it's very difficult to stem the tied for jc penny because they have been perceived as being a little zero sum. jcpenney getting out of martha stewart. the lawsuit has been endless. i don't know. you said to me these guys won't able to get out as quick as you think and that was a great call. >> they don't know anything -- they're looking at a share that will be 3 bucks or more, they will have the financing they need to get that done and that they will emerge victorious from this position. right now not going their way. >> and they're apparel based. you mentioned the interesting "new york post." we haven't mentioned jones. they claim there's

system proliferated into a nuclear war of campaign funds that feingold created loopholes and that george soroso the the left -- to the right. i believe a lot of it is the race for money. i am asked on radio shows about members of congress on both sides of the aisle. there are some people that we know that i've gotten in trouble for unethical activities but the system itself is doomed to corruption. anything jack abramoff and i did , i be sushi with jack abramoff and drank booze with jack abramoff and went to scotland. anything we did is codified in the united states law. if i'm a lobbyist and you are a congressman today i will give true examples in the book that have happened. but put these examples in the book sometimes with names submitted for a reason. if i want to i can take you to i'll you to i'll ask and we can hunt. we can have a three or 4000-dollar dinner better food than jack abramoff had. i can raise $75,000 take you or his staff for some of your family and fly you to las vegas and we have a 3000-dollar dinner. it's all legal as long as we stand up at the reception and. i can have m