you sold your company to larry ellison in 2007., what is it like to do deals with larry and to bve partf his network? always hasion, larry been very hands-on. people might be surprised how much. at the same time, mark and safra has had four years to work together. safra has been there a long time, making the trains run on time. it will be interesting to see who really drives the strategic vision and where the company goes. you made the point, a long time ago oracle chose to buy innovation instead of innovating themselves. there are lots of opportunities, and they have the warchest to do so. >> what is larry ellison like to do business with? walk us through your interactions with him. >> he very much knows what he wants. he's very direct and to the point, and he gets what he wants. ee believes in, adopts th japanese cultural way of doing things. samurai is not a bad way of thinking about him. >> i think it works. guy whoid, this is a has been on a massive acquisition spree practically his entire career. they just bought micros systems in june for $5 billion. sun microsystems a few years

i think they are both incredibly loyal to larry, and i think that larry still has the ability to step in and break any ties. i really see it sort of as an announcement of larry shedding some of the less exciting and a more fiduciary and governance aspects of his role in getting to do the fun stuff that he has enjoyed. cto is where his head is that. >> fun stuff like sailing. what you make of this news? >> i agree with scott, i do not think there will be much change. mark has been focused on sales and marketing, and mary has been in the garage making cool product. there has been a clear division of labor for quite some time. i do think that the company is under a business transformation from license to subscription. i just got off the earnings call, and they are talking about it is a transition, so they are guiding below the stream in terms of revenue. i do not expect much is going to change. they have great technology and i think that mark and safra have been doing this for some time. i think this is more headlines and fundamental change. >> there you have it. is oracle in need of cha

larry, real quick?ant to say, i agree with barney frank about community colleges and technical schools. i just wanted to get that in. where i disagree is with senator elizabeth warren who wants to tack million -- tax millionaires to give everybody a break, okay? community colleges, technical schools and you can manage it monthly. i think that's the way to go >> all right. we appreciate what you do for the millionaires. >> we have to be careful about some of the -- we have to be careful about some of the for-profit schools, some of which have been abusive. i think elizabeth warren's argument that we should reduce the interest rate going forward is a very reasonable one and the other thing i want to say is larry's always been somebody i admired and now i have a new ambition, because i'm apparent lakers correspondent and contributor and larry's a senior contributor, so i'm going to work hard to get to larry's status. >> well, we will report when you asend to that role and appreciate the time from both of y

i said, you know, i'm going to be going home tomorrow, larry.r and i started calling him everything you could think of. >> with that, jimmy returned to his cell and waited to be released. you're going home the next day you think and things take another turn. >> about 5:30 in the morning, i hear some little lady in a white doctor smock come walking in. >> it was hall's psychologist and she was furious that jimmy had blasted her patient, turning him into an erosional rack. grab him, put him in the hole. >> they put me in the hole and keep me in there. i'm not worried. they told me 24 hours they'll have me out of here. >> but morn turned into afternoon into evening and the cavalry hadn't arrived. it was hard time at its hardest. >> you can't see if it's day or night because you're in the hole but you can tell what time of day of night it is by what meal is coming through the door slot. here is breakfast, lunk and dinner. next thing is breakfast again. here is coming lunch again. where are these guys? my thoughts were, they did me wrong. they got wh

you need to show up to get elected. >> larry pressler, your opening statement. >> i am larry pressler, independent candidate for the united states senate. i run as an independent to be a powerful voice in the united states senate. there are two independents now and there is going to be a third from kansas and i would be the fourth. this would break the deadlock between republicans and democrats. i am pledged to run one six year term so i would not have to raise money during the term and serve the people of south dakota full time. we need to raise minimum wage, help the teacher's wages. the middle class is suffering and i want to work on the economy. i have had three terms of experience and i can bring that to south dakota and be a powerful voice. there are a number of other issues for the indians across the state. our people have economic problems. our middle class is struggling and we need to help people's wages get higher so they can have more purchasing power to help small business. also on the federal level we must work on the deficit and i will be talking more about that later. a

>> do you have any money, larry? >> do i have money? when you told me about this "candy crush" game at first i thought "so what?", but now i can't stop playing. that's not how it works. i mean it's so simple. it's like my car insurance. i saved 15% in fifteen minutes. well esurance could have saved you money in half that time. three in a row! sweet! 15 minutes for a quote isn't so sweet. level 2! start with a quote from esurance and you could save money on car insurance in half the time. welcome to the modern world. esurance, backed by allstate. click or call. one of our favorite things to do is going to the dog park togher. setimes my copd makes it hard to breathe. so my doctor prescribed symbicort. it helps significantly improve my lung functio starting within five minutes. symbicort doesn't replace a rescue inhaler for suddesymptoms. with symbicort, today i'm breathing bett. come on, boy! [ female announcer ] symbicort is for copd, includg chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort conta

we just are told by our affiliate that larry glazer owned the plane.k to you. >> and, tom, do we know and i guess you're going to continue to get information in, whether or not jamaican authorities evacuated any areas? obviously they then were also watching the plane, escorting the plane as best they could. were any areas evacuated and do we know whether or not the plane came down in a populated area, a rural area or do we have any information on that? >> i've not gotten any of that yet but we're efforting that with jamaica and our producers and reporters who are in that vicinity as well to find out if there was any damage, if anybody on the ground was in any way near this crash. we simply don't know yet. jamaica, of course, is a dense jungle island. it has beautiful resorts but there's also a lot of it that is very remote. >> and our rochester affiliate has confirmed that larry glazer was on the plane. you are looking at a picture of the actual plane. before we were showing an approximation but that is the actual plane. anthony roman, these planes, we

>> do you have any money, larry? >> do i have money? >> i just told her over and over again, something is going to happen to you, something is going to happen. and i -- >> take a breath, it's okay. >> they met at the kentucky derby. she was always a flamboyant media sensation. he was a freelance photographer. but he would become her lover and her baby's daddy and play an important part in the life and times of anna nicole. we welcome larry birkhead to the program. how you doing? was it love at first sight? >> it was more at love at first bite. she kind of tackled me and i was working as a reporter at the kentucky derby. she was one of many stars that came in. i was just doing my job and along came anna and a bunch of her reality cameras and life was never the same after that. >> already playmate of the year, pop culture and reality tv star, anna nicole eats larry birkhead alive. >> what was your relationship like with her? >> the only thing that was out of the ordinary for me is i've never been in a relationship with a girl that has an

she was mad in talking to larry. larry king is back on the line. larry, are you with me?ah, i'm right here. >> larry king, you had talked to us a little while ago about how there will never be another joan rivers. we were talking about her chops, her comedian chops. but to see this different side of joan rivers, to talk about her late husband, she was angry. tell me more about that. >> she was angry, disappointed. she didn't see it coming at all. i guess a lot of people treat suicide differently. i know some people very angry at robin williams for taking his talent away. there's a great argument, a lifelong argument over suicide. is it guts or is it chicken. are you escaping or are you taking the ultimate act that's the hardest to take. i regard it as touching. but she took it badly. i interviewed her so many times. you see all the different looks of joan rivers as you have on the screen there. in fact, i saw her just a couple weeks ago at craig's restaurant here on melrose in los angeles. she looked terrific. she was bouncing up around, table hopping, as she always did.

my problem is i do not think larry is going anywhere.sense, larry is working for the people who work for him. he will be the cco underneath to people who work for him as chairman and if we know anything about larry ellison that means he is still in charge. lisonhad gone on here is el has never liked dealing with investors and never liked dealing with customers. he gets to focus on product. by handing off those duties he gets to walk away from two things he does not like doing and yet remain in charge. position.nique he tweeted that there will only be one ceo, larry ellison. he may have wanted to the company do you think they will have any autonomy? both -- ata dig and them both. he picks up the phone and can call any ceo in america and try to convince them to buy some software and software wrapped in hardware. an amazing story. 10 or 15 years ago she was another banker and now she is the most powerful woman in the history of american business and technology. is in this dominant role and is an amazing story. while mark has a focus on is t

larry ellison, in a surprise move, the oracle ceo larry ellison announced he will step down as the executive of the board and chief technology officer in charge of software and hardware engineering functions. and stepping up as co-chief executive, company insiders and co-president, they came to oracle after being pushed out of hewlett-packard ceo. the move came out after the markets closed and shares fell on the news. john fort has more on the news. john, you have been covering all of this, what we do know about larry ellison is that he has been the only ceo of oracle in all of these years since he founded it. he is a micro-manager and likes to be in control. and this announcement means anything but. what is going on there. >> he likes to be in control, he doesn't necessarily go into oracle every day but has the engineers report to him and kept his hands on all the decisions. as executive chairman he will still be in control. ma mark heard and saffer cat, ellison looks good, but not getting any younger, he is pushing 70 years old, something like that had to happen. >> why now? >> part of it

larry -- >> they don't know -- they don't know what's going on. >> jimmy: no, larry. no.the cap on. [ laughter ] she had no idea. >> jimmy: but what are you doing in new york? why are you here? just for us, or no? >> no. no, my friend's son is getting bar mitzvahed, and -- >> jimmy: that's fun. >> -- so, i came in for that. >> jimmy: that's fun. right? >> no, frankly, i would rather go a funeral than -- [ laughter ] >> jimmy: larry, why? >> those receptions are grotesque. you know? but funerals are interesting on some level. maybe not if you're dead. >> jimmy: yeah, yeah. yeah. [ laughter ] yeah. >> but -- you know, also for a funeral you don't have to bring a gift which is -- you don't have to worry about that. [ applause ] >> jimmy: i didn't think about that. that's true. >> yeah. no, no. it's great. there is no gift. so, that's perfect. you know? actually, bar mitzvahs, they're a good reason for jews not to have children. >> jimmy: that's the reason. yeah. [ audience ohs ] [ laughter ] you get reminded. but you have children. don't you have two daughters? >> i do. i ha

you guys both did that, larry.an you provide some context as to what it takes to run a business and be successful? i feel like we're just focusing on so many negatives in the country now. >> that's a good point. i'm second generation. my father started the business in 1964. this is our 50th year in business. and during that time, we've seen unbelievable amount of problems. in the '80s when the oil bust happened, we lost 60% of our employees. we dropped from a million seven to less than 400,000 in sales. and then in 1984, i lost my father. so the '80s were very difficult on us, and there were more recessions, and then a couple lawsuits on top of that. you know, to be in business today, you really got to want it, and you never run the victory lap because if it's good times right now, you know that it won't be long until things change. and if it's bad times, you got to just hang in there because things will get better. >> and i love your optimism, larry, because i know you do believe that we as a nation here in americ

david: larry shover. liz: thank you, larry.ndices may be near all-time highs but september, you need to remember this, it is seasonally the worst month of the year for stocks. since 1886 the dow jones industrial average has fallen nearly 1% in september on average. that is the most of any month. so now may be a good time for investors to step back, watch the action instead of participating. while you're doing that, reevaluate investment allocation. david: joining us now, somebody who has been focusing on this, j.c. paretz, eagle bay founder and president, has best ways to reposition your portfolio heading into fall. jc, thanks for coming in. we had one of the strongest augusts in a long time. what does that mean for september? >> sure. david, remember we're talking about a strong august but we're coming off a weak july. the last six weeks of the summer was essentially flat. when you look at the dow jones industrial average, with added volatility. so a neutral position -- david: a lot of people were saying we had such a strong a

we are going to open up with larry saying a few words about his work. it is the culmination of many years. large,t just the only comprehensive, encyclopedic, analytic work. he has done this in a bunch of other areas. i wanted to have him offer a few quick reflections. the genesis, the experience of building the book and what it taught him. we will morph from there into our discussion. our discussion will be structured around two big questions. that our very future oriented. pretty much trying to get us thinking about the future. ,he first one is going to be what is the single biggest challenge or problem we need to keep our focus upon, looking ahead over the next 5-10 years? what will that be and why? we have an international law expert and tony coming at this from the perspective of someone involved deeply in the science, research and development of technology. whose life iseone centered in the science delivery and implementation programs. that firstin with question and then morphed from there into whether we believe to biggest idea will be spur innova

larry ellison is stepping down from oracle.ded the company 37 years ago and is been the only ceo has had the reins over. share the role? we have had 24 hours to digest this news, what is your take on how well they can work together? i think they can work together fairly well. my problem is i don't think larry is going anywhere. he is working for the people who work for him. he is going to be the cto underneath to people who work for him as chairman. if we know anything about larry ellison, that means he is still in charge. he has never liked dealing with investors. he finds it a nuisance and he is never like you would with customers. the us to focus on a product by heding out those duties, gets to walk away from two things he doesn't like doing and still remain in charge. the salesforce ceo is also a former oracle employee. these companies are now rivals. he tweeted that there will always be one and only ceo of oracle. he may have intended to give a compliment. they willink that have any autonomy? >> that is a date at them. mar

larry ellison has stepped down.at mean he will be any less involved in the company he founded? that is next on "bloomberg west." ♪ >> welcome back to the best of "bloomberg west." i'm emily chang. on august 12, we spoke with john mcafee about his life after questioning in the murder of another american businessman. he made accusations about the prime minister of belize. he said he intends to post videos and evidence that he claimed showed the government trying to kill him on a website he started. at this point, none of the evidence has been posted on the site. he has not responded to our request to provide the evidence. lawyers sent us a letter denying his claims. we have not been able to independently verify his accusations. we do not agree with or endorse his claims. a titanic change in one of silicon valley's most legendary software companies. larry ellison is stepping down from oracle. he cofounded the company 37 years ago and is been the only ceo. he hands the reins over. can these two share the role? now that

larry ellison has stepped down as the ceo of oracle. mean he will be any less involved in the enterprise company he founded? that is next on "bloomberg west." ♪ >> welcome back. i'm emily chang. we want to follow up with a story we have been following here on "bloomberg west." on august 12, we spoke with john mcafee about his life after fleeing belize where he is wanted for questioning in the murder of another american businessman, gregory faull. during the interview, mr. mcafee made accusations about the prime minister of belize. he said he intends to post videos and evidence that he claimed showed the government trying to kill him on a website he started. at this point, none of the evidence he claims to have had has been posted on the site for stop is not for us what to our request to provide the evidence. lawyers sent us a letter denying his claims. bloomberg has not been able to independently verify his accusations. we do not agree with or endorse his claims. a titanic change in one of silicon valley's most legendary software compan

larry, i'm sorry for your loss, first of all. tell us what your fondest memory of joan was. >> there are so many, al, it's impossible to put together. we first met in miami 45 years ago. she did my radio show there, my television show. both were local. then she did hi national radio shows where you were on many times. she did my cnn show. she's been with me on larry king now, on the internet. i have spent hours with her, been at her home. dined with her . saw her a couple of months ago here in l.a. at dinner. she was a terrific, terrific lady. she was so funny, so caring. she loved her daughter and her grandson. her charitable moment in her life was when -- terrible moment in her life was when her husband killed himself. she never forgave him. the carson thing was sad because she substituted for him, had been on the show. then she took a deal with fox which only lasted a year, but she never spoke to johnny again. he would never take her calls. he expected her to call him before she signed that contract. that dispute lasted foreve

thank you to larry o'connor for joining me today., come back. >> i'd love to. >> here's shep. >> derek jeter, good job, grandchild. this is it. sit down, get popcorn, maybe bring over a little soda. the nfl commissioner, roger goodell, is set to speak at any moment. we'll have live, every single word, without commercial interruption. his first comments since a series of domestic violence incidents. he faced a lot of anger over how the league has handled third. now the commissioner answers his critics. >>> the reach of the islamic state militants with news of the plot to decapitate random people on the streets in australia, we talk to a former fbi official about whether the terrorists can carry out

so thank you, john. >> larry, thank you, and just as larry noted, this is a terrific panel, so thank you to the panelists. and everybody should know also that larry himself, as you may know, is really the premier scholar in this space and has devoted so much time and energy, so thank you, larry, for everything you've dope in this space. you've done in this space. let us -- my goal for today, one, you have terrific people to listen to, so my job, hopefully, is to get them to say as much as they can to help educate both our students that are here and those that are watching on tv and elsewhere. most of today is going to be about policy issues and about how government works, but i want to -- but before we do that, well, just one more housekeeping matter is, larry's right, this is a class. so when we finish the conversation up here on the dais, then we're going to turn first to a set of questions from the students that are enrolled in this class, and then open it up to questions from the larger audience. but before we start to focus on the policy issues, i just, i think i'd like to ask d

>> looking for -- david: that is for larry. go ahead, larry. >> sorry. looking for aounceback of 215 after what we saw last month. we have to keep in mind the numbers have been anticlimactic even when they are really good or really bad. this might be different. it is coming on the heels of draghi and dominoes of day before. thing i'm looking at the most is wage growth. that is the thing we need in economy. we're not seeing it. all eyes are on wagings. liz: rob, you wanted to get in there. what do you expect? will this number be more important than the pictures we're seeing on the screen from hong kong? too i think it is all part of that bigger picture, liz. we have an could economy growing in fits and starts. federal interest rates likely to go up, qe going down. therefore investors would be well advised to be discerning and discriminating in their investments and particularly cautious of small cap cyclical companies. we think there opportunity for investors long term but in higher quality companies. david: joe, talk about financials for a moment because

a celebration of larry gosten's work.nd this very important major opus on global health law has come out this year. and larry raised the idea a few months ago about having an event. we do different kinds of events. we were honored to do that. he's such a pillar in our community here. he's done so much over the years in leadership at the institute and school medicine and his prolific output. influence over all of us >> he's had so much influence over all of us. and such a constructive, forward-looking, gracious way. but we just thought this was a great occasion. so thank you, larry, for turning to us and letting us pick this up. we're thrilled to be able to do it. we also thought let's try and do this as a conversation around the big questions and big ideas and let's try to bring in some of larry's kroesest friends and allies over the years who could help in this celebration, in a kind of deliberate, interactive, brisk discussion. larry agreed to that and has been the leader since 1984 of naid and is a really huge presence

i don't want to keep you too long, larry. i know you want to watch that fdr special that is playing on all the public television stations. >> i like the fdr special even though i think it is a little bit bias. but lets give business profit and the fed some credit for the stock market. >> let's give fairness to all americans. >> we're going to have a big discussion again on this. thanks so much. enjoyed it. >>> coming up, is the lone star state ready for hillary? ountry. we operate just like a city, and that takes a lot of energy. we use natural gas throughout the airport - for heating the entire terminal, generating electricity on-site, and fueling hundreds of vehicles. we're very focused on reducing our environmental impact. and natural gas is a big part of that commitment. welllllllll, not when your travel rewards card makes it so hard to get a seat using your miles. that's their game. the flights you want are blacked out. or they ask for some ridiculous number of miles. honestly, it's time to switch to the venture card fro

i am larry bush and i am a member of the civil grand jury and i was on the committee that dealt with the port as well. we talk about it as a report on the port it is truly more on the water front and as you look at our report and finding the recommendations, it also went off to others to the department. and so you will see that we sent, the request for the permission to mta, and to dpw to the rec and park to all of the different entities planning and that have, and an involvement in what is happening on our water front and so i recommend that the members of the commission, take a look at what responses we got from the other departments as well as look the at your own response. >> first of all, we would like to thank the port staff and all of the people who assisted us because we had a lot of cooperation and there was a lot of requests that came to us time over night responses that are requested and everybody was very hopeful and we were very appreciative of it and also you should know that we were very impressed at all of the wrk that has gone on at the port and along the water front

larry elison, go founder and leader of oracle is stepping aside.ison is giving up his ceo title. he's being replaced by his top two lieutenants, safra catz and mark hurd. who will be joind joint ceos. the move comes earlier than expected and addresses some concerns under the direction of ellison who is 70 years old. in their new role, hurd will be in charge of sales and service. the company's software and hardware units will still report to ellison. speaking with analysts, ellison insists nothing will change under the new management structure. >> mark and safra have done a spectacular job and i think deserve the recognition of their new title. i'm going to continue to work with thomas curry in software engineering and john fowler in hardware engineering and ed skrevin and mark and safra as i have exactly in the past. so i'm going to continue doing what i've been doing over the last several years, they're going to continue what they've been doing over the last several years. >> larry ellison is ranked as the world's fifth richest person according to

you need to show up to get elected. >> larry pressler, your opening statement. >> i am larry pressler, independent candidate for the united states senate. i run as an independent to be a powerful voice in the united states senate. there are two independents now and there is going to be a third from kansas and i would be the fourth. this would break the deadlock between republicans and democrats. i am pledged to run one six year term so i would not have to raise money during the term and serve the people of south dakota full time. we need to raise minimum wage, help the teacher's wages. the middle class is suffering and i want to work on the economy. i have had three terms of experience and i can bring that to south dakota and be a powerful voice. there are a number of other issues for the indians across the state. our people have economic problems. our middle class is struggling and we need to help people's wages get higher so they can have more purchasing power to help small business. also on the federal level we must work on the deficit and i will be talking more about that later. a

then what will oracle look like without larry ellisson. we hear from mark hurd and what the traders debate. how to play rn under the new regi regime. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. introducing a pm pain reliever that dares to work all the way until the am. new aleve pm the only one with a sleep aid. plus the 12 hour strength of aleve. >>> carl icahn had a response to tad's news. as i said in the past and maintain it is a no brainer these companies be separated and thus increase value for all shareholders. josh brown, this is interesting news. why not then, why now? i have a bunch of tweets. let's see. january 22nd. john donahoe. spoke with icahn about the spinoff. we believe it's more valuable as par

i was there with larry summers and the two of us were listening with larry summers.t want the american boots on the ground. they don't need them. they need the lethal aide that byron was just talking about. they'll do the fight, but instead, they got offered $46 million on top of the 78 million that the president is offering. by the way, the mres and other flack jackets, most of that hasn't even arrived yesterday and no one can tell me why that is. so in terms of being a fair weather friend, that's the united states. poroshenko, the president, ukraine is very polite that he was staffed with his visit. i know that anyone that went to the ukraine knows the situation there. >> it's a tenuous cease-fire. tenuous at best. the highest ranking military from nado said as much recently. i think what we have to continue to be engaged. i wonder this is more talk from the obama administration. bl it's ukraine or the situation with isis, there's been a lot of talks, but not a lot activities. when is the administration going to actually act? that's my concern. until we see it, it'

federal sources believe larry glazer was piloting that plane today. he was an experienced pilot who had purchased a new tbm-900 earlier this year. scott, larry glazer and his wife, jane, are now presumed dead. >> pelley: the aircraft flew 1700 miles before it ran out of fuel. jeff, thanks very much. today's jobs report from the labor department shows that the economy created only 142,000 jobs in august. it had been averaging more than 200,000 a month. the unemployment rate fell tof 6.1%, but that was largely because a lot of workers gave up looking for work, and so are not counted as part of the unemployed workforce. and so for those who do have a job, there is yet another problem. michelle miller tells us wages are barely keeping pace with inflation. >> i believe we had one pay increase over the last five years. >> reporter: nick novello has been on the dallas police force for 33 years. like many americans, he can no longer count on a pay raise every year, so he's on a tight budget, has delayed retirement, and even put off needed foot surgery. >> it

don't say good-bye to larry ellison just yet.said on the earnings call, oh, by the way, he's going to still be on the earnings calls as executive chairman and safra catz now the ceo said not only won't there be significant organizational changes as a result of their title shifts, there will be no changes at all. so the more you dig into this, you know, the more things change, the more they stay the same apparently, melissa. >> that sounds like lunacy, jon fortt. thank you very much. >> yeah. complex at this point in time. >> there's two ceos and still on the earnings call, sounds like a lot of cooks in the kitchen. >> well, he is the chairman. >> all right. >>> intel calls it a smartphone on legs. the world's largest chip maker getting closer to putting a robot in almost every home. behind jimmy the robot. of course, we saw jimmy and brian about a year ago, i think, because you're also here for the -- >> yeah. almost a year to the day. >> exactly. and so last time you were here, you brought the larger of these two robots. >> actu

i'm larry michael.ach week we take a look at a piece of this team's storied legacy. today, a fairly recent alum with the burgundy and cold corey rammer. before we do that, redskins fall to 1-3. falling to the giants thursday night 45-14. here's the highlights brought to you by aaa. >> from the pistol, kirk cousins on the read option across the 25, 30, slides to the 32, there you go. >> kirk back to pass, heat off the edge, he fumbles the ball, giants recover at the redskins' 24. >> the shotgun into the end zone, it is caught. giants touchdown, they confront the turnover by kirk cut sins. >> takes a snap, looking end zone, fires, caught back of the end zone. it's a giants touchdown. >> takes a snap. looking, looking. fires. caught, desean jackson up the sideline reaches for the first down marker. >> play action fake, kirk. going to the end zone. a man is there, caught, touchdown andre roberts, touchdown redskins. >> looking right the whole way. looking to the corner. it is up and it is caught. third touc

liz: larry shover in the pits of the cme. larry? say trouble comes in threes but we didn't get the memo. the fed tomorrow, ecb thursday and we have the scottish referendum on friday. an absolute ton to digest. seems like now the positioning was more gloomy than enthusiastic. the market hasn't done anything since august 25th. we were ripe for a bounceback. traders are frustrated doesn't matter whether considerable time is dropped or added or whatever, are they going to roll out some grand exit strategy policy? we don't know. what matters right now is the perception of going forward of the fed and growth. so that with is what keeps traders very locked in and focused but also very frustrated indeed. it will be a fascinating week. >> okay. good to see you, larry. we like fascinating. david: we do. we like exciting. thank you, larry. >>> the federal reserve kicks off its two-day policy meeting today a new poll showing half the country's fund managers say the fed will be raising rates in the spring but our next guest says you will have to

larry ellison is the longest running ceo of a tech company. he's been oracle's ceo for 37 years since he started the company in 1977. it also made him wealthy. forbes said he's the world's fifth richest man worth over $51 billion. at age 70 he's relinquishing the ceo title but not the power to keep running or arc will his way. he will become chairman and chief technology officer. that leaves him in charge of the software company's engineering. two others will succeed him as ceo. katz will focus on legal matters, while hurd, a former hewlett-packard ceo, will leave the company's marketing and sales. both have been highly visible at the annual world coverage, at a gathering for the worldwide customers. ellison as chairman and hurd and katz as ceos will run oracle. some say it may lead to confusion over who is charting the company. >> at the end of the day, the sail can sail best with one captain. and you don't tend to give that up in the midst of something of a storm. >> reporter: the ellison announcement was made on the quarterly earnings day.

as larry mentioned, dr.ci at nih has announced that we're going to move, we started yesterday going forward with the first trials of the ebola vaccine. but, you know, i think this stark situation has raised a couple really critical ethical issues, and one of them is, you know, the who convene a panel on this and do we all agree that it makes sense to provide medications that have not been tested in humans in a context like ebola as the who panel recommended? two, if the answer to that's yes, how do you allocate what will be invariably incredibly scarce resources in the context of the kind of catastrophe we're talking about here? and i guess i would ask kevin maybe to kick us off with a conversation. larry's written about this but, kevin, i know you've thought about this a lot as well. >> and, kevin, also if you will, differentiate between drugs that have not undergone safety or efficacy trials with vaccines because you have a compassionate use of a drug when somebody's potentially dying. but vaccines are giv

happening right now, republican gubernatorial candidate larry hogan is holding a press conference in annapolis. he is asking state and federal to look into whether laws have been skirted. new allegations. republican candidate larry hogan said that outside influence and money has given his opponent an unfair advantage. money donated by companies that received lucrative contracts to work for the maryland health exchange which hogan says warrants an investigation by state prosecutors. >> we need to have somebody with subpoena power look into it to see if the dots connect. called unitedhealth group donated $150,000. to the democratic governors association in 2013. then they received a $14 million contract to fix the website. donated $50,000 to the governor's group just received before it received a contract for millions of dollars. martin o'malley went on to become the finance chair during 2013. ,f the allegations are true this money is tainted. to the campaign and to the democratic candidate for governor. if theeed to figure out companies gave to get something in return. >> the governor

larry the cable guy. british accent. ♪ when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. stuart: larry the cable guy. a good friend of this show. we gave him the commercial. that is not where the interview ended. >> stuart, that is unbelievable. it is about time you got your it just sounds different. stuart: prilosec, i am here to tell you in the audience that that product works. you would not advertise it if you had not tried it. >> you would not believe this, stuart, but i am a frequent heartburn sufferer. when they came to me, i said, hey, i use it. i really

here with us on set larry kudlow, nbc senior contributor. steve liesman is here as well and tobias ludkovitz equity strategist with citi. we switched it up a bit. earlier i said the euro dollar maybe not complete enough. so this is the dollar index, dollar versus the basket versus the dow over ten years. not perfect, larry kudlow, but there does seem to be an inverse relationship. is a strong dollar negative for the dow? >> is the dollar the green line? >> the dollar is the green line. >> it looks pretty steady to me. >> well, yeah. unfortunately that chart sort of flatten out. >> down about 6.5%. >> if you go into it a little deeper you can see the moves more volatile. >> once that blue moon. once in a blue moon a falling dollar helps erase deflationary fears. we're got a lot of deflationary fears. 2008, 2009, 2010, 2012011. the bottom of the dollar however august 2011. and the stock market's gone up 70% since then. go back to the 50s, i hate to pull this but i was here. 50s and 60s the dollar was steady tied to gold. 80s and 90s the dollar

i don't get it. >> larry?y the key, you bring in the content piece and bring in the mobile wallet, then you're bringing in everybody into it because everybody's life, you're walking around using it for stickiness for your life so that's where you can say without the subsidies and go to the lower android but i think they're betting they won't go to the lower android but use it for all parts of their life. so the answer is on coming out with the stickiness is huge and what they really have to do. >> it's a question to come extent of the 1%. tina? >> i this, i that, narcissistic. every breath in -- >> we have blown past that concern. do you have an iphone? >> i have a very old one and i'm much need of an upgrade. >> does the bigger screen entice you most or is it the -- >> making comments about my age? >> no. >> these are very big phones. >> i can go outside the box here. i'm the least technology oriented of anybody but i had the pleasure of sitting next to walter isaacson at a celebration of a mutual friend and