i mean, when i think of jimmy cain, i think of old school wall street.d, you know, the power of an old-fashioned handshake. that was jimmy cain, to me. >> yeah. well, it wasn't just cigars he was smoking. he leaves a mixed legacy. he smoked a lot of weed, he was a professional bridge player, as you mentioned. and, you know, he was helming bear stearns at its apex when they were sell anything 2007 for 170 share, it was the fifth largest securities firm on wall street and then, of course, in 2008 he was ousted as the firm began hemorrhaging hundreds of millions of dollars as their bets on subprime mortgage went south. and just a few months later they were sold for $10 a share. reports that he'd been largely absent during critical moments in 2007 and 2008 when he should have been in the office. instead, he was off playing bridge and golf. so, again, he was a very colorful character, as we mentioned, but leaves a mixed legacy. of course, for better or for worse, he was responsible for some really pivotal moments of wall street history. lauren: yeah. and, you

jimmy cain, who led bear stearns during its rise, has died at age 87. he was a college dropout who became a bond broker on wall street. he ceded the job to alex schwartz. it is another record high for european stocks. one hour into cash equity trading for european equities. that is surpassing the record set in mid-november. it is the santa rally. light volumes today led by ftse 100 stocks. those are at the highest since february 2020. the ftse 100 was closed and is playing catch-up. take the record gains the grain of salt. gas continues to fall for another day as lng shipments attracted by the high prices. we also looking at a sideways market in the u.s. big cap tech leading the way up. still demand for oil, up 0.4%. iron ore tumbling after weaker data in china's property sector. bitcoin still under $50,000, on track for one of its worst months. this is bloomberg. >> from the heart of where innovation and money collide in silicon valley and beyond, this is "bloomberg technology," with emily chang. emily: i'm emily chang in san francisco, and this is "bl

pete hegseth, rachel campos-duffy and will cain will present live coverage of the new year from nashville, tennessee. lawrence and fox across america hosts jimmyp in fox square. all join the show live along with special appearances from judge jeanine, dan bongino, and ainsley as well. what a line up. i'm so excited. ainsley: it's going to be fun. have great time. steve: they did ask -- thank you very much, carley, they did ask me if i could appear, here is the thing, two things, it's new year's eve so the doocys will probably be drinking. lawrence: exactly. steve: here's the other thing, when was the other thing when was the last time you were up until midnight. ains when they asked me i did say can i do it earlier in the show? because at midnight i might sound a little different. lawrence: steve, i'm up to midnight all the time. that's what we do. one day you will be enterprise reporter. ainsley: that's because you are single. steve has three kids. those days are done for us. steve: i can outdo you. i'm up at 3:00 a.m. every day 30 years 3:00 a.m. completely different. lawrence: more cities adopt mandates. new poll reveals america's true thou