as you say i am here with hunter harrison. been trying to straighten a deal with norfolk southern valued in the tens of billions of dollars and, hunter, let's start with that. you are still pursuing norfolk southern. you made overtures to csx, another railway you had potential talks with in the past. there's a little confusion as to who you want more. i will put it in terms i know you will understand. if i am making moves on to the girls on either side of the dance floor and both of them know about it, neither of them is going to be very pleased with me. what do you do? hunter: you do it very carefully. erik: [laughter] we have said both of our organizations in the east would work with our franchise. there is not a favorite. one has this advantage. one has that advantage. we think we could fit well with either one. but neither of them think that they would fit well with us. so, i have a sewing job to do for either to be successful. are: is it a sign that you running out of patience with norfolk southern or the prospects of get

earlier today, we sat down with the canadian pacific railway ceo, hunter harrison. ik schatzker asked about his efforts to buy norfolk southern. hunter: there is not a favorite there. both the organizations in the east would work with our franchise. there is not a favorite. one has this advantage, one has that advantage. we think we could fit well with either one. either one of them -- one of them would fit well with us. aik: is the approach to csx sign, an indication that you are running out of patience with norfolk southern? o'er the prospects for getting a deal done there are deteriorating? hader: if you go back, we the initial conversation with csx. offer --ke we made an you don't do that in a 1.5 hour meeting. erik: you have not made an offer? hunter: no. i have a reputation of being a past gun, but i'm not that fast. we spend an hour and a half with them. this goes back five or six months ago. the initial talks, things did not work out. wasid not look like it going to fit for either one of us. we stepped back at that point in time as a result, look at other alt

ploring a merger with erik schatzker sat down exclusively with hunter harrison on his farm in ridgefieldcut, to discuss what is next for the company. hunter: we have said there's not a favorite there. both the organization in the east would work with our franchise. not a favorite. when has this advantage, when has that advantage. we think we can fit well with either one but neither one think they fit well with us. ife got a selling job to do we are going to make this successful. is the approach a sign you are running out of patience with norfolk southern or at the very least, the prospects for getting a deal done there are deteriorating? so.er: i don't think the initial conversation was with csx. that should clarify something. it was like we made an offer and were rebuffed. you don't do that in an hour and a half meeting. you have not made an offer? hunter: no. i have a reputation of being fast, but i'm not that fast. this goes back five or six months ago. talks, things did not work out. it didn't look like it would fit for either one of us and we step back at that time and look at other

stephanie: hunter harrison put in that piece -- bill ackman needs this. forth and going after csx. let's take a look at chesapeake. an interesting story, to say the least. aubrey mcclendon being indicted. has had its own issues with $15 billion of debt. it has less than a $10 billion market cap. chesapeake has really had issues, the drop near 90% for the year. stephanie: a big negative for carl icahn, one of the largest holders could matt. a steppingceo of zyng down. ceohanie: mark took the seat again last april. what have we seen since april? the stock down 25%. they are in a world of hurt. not as new people are playing -- not as many people are playing their games. ♪ david: this is "bloomberg ." gerardo rodriguez joins us this hour. this is the time to get into local de denominated debt because the yields are good and the price is so low. india and indonesia, have you taken a look at those? gerardo: absolutely. in general, you could make the argument with emerging markets -- they have underperformed over the past four years. they certainly look very

we will hear from the chief executive hunter harrison from his farm in connecticut.est on his deal wealth northbrook southern. andie: former ceo john mack died at the age of 86. we will up back at his amazing career. desk go to the market where julie hyman has the latest. julie: i will s i

harrison. danbury, connecticut, at 35. 36 in stanford. you'll see some rephrase freeze here. hunter, high point, 36 in chester and saddle river your temperature is 37a the winds are still gusty out there, between 20 and 30 miles you have to dress for the windchill temperature tonight. 20s in most spots and eventually a lt of teens on the map ater on tonight and early in the morning. look at the low spinning there. it did intensify. that's why they saw that heavy snow band apt t the jersey shore htoday. we'll see some light rain showers tonight, maybe an icy mix for a brief time. tomorrow we'll be up in the 40s. there's a little light precipitation coming in for sunday morning and then it's gone for the rest of the week. and then we get the warmup coming our way. nice weather coming up next week. enjoy your weekend. back to you. >>> sluging it out in the streets of california. a driver rec ded this fight. three people going at it, spilling out of their cars into the streets. mmelling the passenger of the truck. then the driver of the truck jufrs jumps out, gets into the mix. >> all o