joining me is analyst jim kavanaugh and washington post political analyst peter walston. you have worked on these pieces that have revealed to us things that we did not think were possible at the white house. so many things, like, for example, that people are not simply staring at that front fence all day long, waiting for someone to go over. that someone was able to go over that fence and not be seen by anyone to the point where he was actually able to get all the way into the building. >> well, what we found and what my colleague has found in her great reporting on this, her ground-breaking reporting is that multiple levels, there were multiple levels of failure there, there were counter surveillance officers outside the fence who were supposed to be looking for suspicious people, they didn't see him. there was an alarm that probably did go off when he crossed the fence, but there is now in dispute -- it's not clear what happened after that. there might have been a dog that could have been released. the attack dog was not released. it's mott clear why he was able to go

we have a lot to talk about with been and our next guest is a front of beds, ryan kavanaugh.der and relativity media, one of hollywood's most successful movie producers and financiers. branching out to television, sports and digitals and with that could come in ipo. , ben, welcome. what does the new hollywood look like? what is your new role? >> that's a big question. first of all, thank you for having me today. i should say this morning, because it is 4:00 a.m. in honolulu. what does the new hollywood look like? i will answer from the movie level. all other studios but us are generally owned by very large fiscally conservative fortune 100 companies. when you look at where how they would was and where it started, , with ther studio exception of maybe some small independents that are not on the radar, but every major studio is owned by a fortune 100 company. ago, hollywood was about box office. there was no tv, no dvd, no netflix, no ancillary market. everything was judged on what the movie cost and what box office did and that's how the entire industry has been built and how

the underlying rationale for the three-judge district court decision written by judge kavanaugh of thedistrict of columbia court of appeals basically was there was a justified interest in the government running the election, having the election -- control of the elections and not have outsiders come in and tell americans and that the canadians cannot spend their money. it's precisely the same rationale that would support michigan's decision that we wouldn't let citizens from indiana or wisconsin spend unlimited sums of money trying to influence our elections. >> host: how would you state the constitutional dimensions of that principle? do you states have an interest in preserving the integrity of their own elections? >> guest: there is a powerful state interest in having fair elections and it's an interest that can trump the first amendment right in certain situations. and the court in its views on this issue have treated the first amendment issue as trumping everything else. i think they failed to give adequate weight to the interest in people running their own sh show. >> host: peopl

. >> let me bring in jim kavanaugh. a former atf speci. they believe the man planned it out.ion begs perhaps he planned an exit as well. how confidence are you he's in the area with what you know? >> good morning. i think i'm confident based on what the state trooper commanders have said, i believe the tactical teams have found evidence he's there. the rifle on the tree, the magazine on the rock which looks like it was placed for tactical retreat. and they probably found some food items and wrappers and various things that indicate he's in the area. i think they're right about that. and i think he's he wants to confront the offices at the redoubt. >> he's been described as self-taught survivalist. he said his son was a great shop. when you're negotiating with someone who sees the government as the enemy here. how as a negotiator do you find any breakthrough or are you hoping simply they are worn down, their survival skills are not great as they believe or simply can no longer stay on the run. >> that's a great question, tamron. you can negotiate with anybody who is a human be

he and i will sit down with ryan kavanaugh, the true personality, the founder of relativity who saysany as much a chinese company as he does a u.s. one. he creates these box office hits for the summer. we need to find out what his formula is. >> i have just gotten into the office. >> where have you been? >> i never had time and i'm finally on netflix. i'm watching season three and i love it. >> we will put him in the hot seat and he will tell us what networks make the most sense. he has a new show tracking a latino audience. -- attracting a latino audience. , theyd that latino market will crack it wide open. -- i don't get it, personally. --an't believe people would they don't care that i think they are nonsense. are these youtube stars clawing ?o be the next george clooney's >> thank you so much, stephanie ruhle of "market makers." will scotland voted to break away from the u.k.? what is at stake? stay "in the loop." ♪ >> time for the global outlook. residents of scotland will vote next week in the country's first ever independence referendum. the consequences for the country's curr

thathan kavanaugh says there are strong surplus numbers and it is constructive.follow the dates and data to see a trend. will reach 6.0. you have a rate. 1% and justreciated over 1.4% for the first half of the year. we take a look at what we can act going forward and the market has priced in the latest. it recommends selling one week for word on the trade numbers that are coming out very soon. that is a check of the global outlook and how the chinese numbers impact the currency market. >> all right. returning to our coverage of 2014. the man who runs the largest budget carrier. >> a friend of bloomberg. looking for a single market. what impact will that have on the aviation industry? if any, given that they are suffering from overcapacity. we are joined. overcapacity issues in asia. a single market. what does that mean? bloombergto correct propagating this overcapacity. and theake two airlines balance and orders in the domestic market. there isn't really an overcapacity. we are in southeast asia. >> you are cutting back. there is a delay. we went out on a breakne

ryan kavanaugh. tinder. stay with us. newsroom.ut to the julie hyman is "on the markets."ves. time for today's options insight. is baycrestith more partners' anshul agarwal. not much action overall in terms of movement. you are looking at the vix. interesting trade. the vix has been picking up. >> not really surprising. we are heading towards the fomc meeting next week. it is not surprising, the jump from 12 to under 14. there until the fomc. an interesting thing that happened this morning, someone was selling the vix september 18 x, an etfting the vx that loosely tracks vix, and b uying the 88 strike calls. >> why? >> vix options expire wednesday morning. selling those options that do not capture the fomc. in strike,re equal he is buying those and not paying any money. it is an interesting way to capture the fomc spike. >> which tends to happen. more volatility around those announcements. another stock that has been volatile is ebal. -- is ebay. that is because of the announcement of apple pay. investors questioning what is this going to meet for a company like ebay, whic