. >> and it comes as leslie wexner, the head of victoria's secret's parent company, speaks about his relationship with disgraced financier jeffrey epstein. this morning, dozens of supermodels are walking the walk in a movement that now has victoria's secret under the microscope. more than 100 models and time's up supporters including supermodel christie turlington-burns and former victoria's secret angel doutzen their name to an open letter sent to the ceo asking the company to take action to protect its models against sexual misconduct and sarah ziff says because how they're hired and fired at will, speaking up could be a major career risk. >> a lot of times our agencies are trying to make the brand happy. we're disposable. you know, we come and go. it makes us that much more vulnerable and makes you feel like you can be replaced, so you don't want to speak up. >> reporter: the open letter follows allegations of sexual misconduct by several industry photographers and allegations that leslie wexner, the head of the parent company knew that financier jeffrey epstein, who is accused of

there's a very wealthy man, he owns victoria's secret, his name is leslie wexner, he lives in columbusear columbus, ohio, so the plan was a very simple plan. name dershowitz in public, then privately, secretly to wexner, and say to wexner, you saw what happened to dershowitz, you want that to happen to you? there are ways of resolving this. and that's what happened, we have the chronology, we have the dates, we have the time, we know that her lawyer went to speak to wexler's lawyer, his lawyer used the word "shakedown" when he spoke to me about it. his wife used the word shakedown, so i was the perfect stalking horse for an extortion plot. as soon as this happened, i took the case to the u.s. attorney's office. i took the case to the district attorney's office, and i said, i want you to investigate me, and i want you to investigate the lawyers, and i want you to investigate my accusers, and i hope they do. [applause] thank you fortz: giving me an opportunity to set the record straight. >> i'm gonna do a hard pivot and talk a little bit about president trump, and specifically, the muell

some is proven by leslie wexner the former head of gap and the fact that he is now dead means a lot fewer people are going to look to those connections and a lot of people who are powerful will be resting easier. >> or is it the fact he's dead will that increase the investigation of the financial aspect? >> the person who knew the most is now dead. they say in the old movies, dead men tell no tales. eric: there's the paperwork and potential truck. >> i'm sure there was but i'm sure no longer exist. >> i think a lot of things were destroyed in the case. will the truth ever come out do you think? >> part will impart well. eric: what he did how he made his money, who he protected coursework. >> i think what is available and i think we will make the tracings. it turned off he was a made off than a genius investor. he was basically supported by very powerful people who invested enormous amount of money for curious reasons and he really was not particularly good at his job. that is part of the powerful people enabling and protecting. >> we also expect opt-out to result later today with an hour.

billionaire leslie wexner says epstein. isappropriating vast sums of money from him and his family. epstein is facing charges of sex trafficking. wexner says he was in the dark about the alleged wrongdoing. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am viviana hurtado. this is bloomberg. francine: let's go back to one of our top stories, the yuan is rising after set higher than expected. the reference rate was set at weaker than seven per dollar, the first time since 2008. it is hitting the lowest level since 2015. enda curran joins us. the market seems to be a little more comfortable about what we have seen so far. is it just because they think pboc is looking for stability and so it does not matter the level as long as pboc is sitting for? enda: that seems to be the takeaway. cost the seven threshold -- past the seven threshold and reinforces the idea that china's currency is weakening. the key takeaway was that the fix was not

then there are those like leslie wexner, who was his only client in theory or even, with there are questionsd jeffrey epstein's brother. all of these different individuals with epstein gone, is there any leverage to, you know, find out the truth and how they were related and get justice for the victims? >> right. well there is two things. the case has a long and tortured history. i remember reading about it carefully 10 years ago, et cetera. i want to dispel one sort of misconception, which you will probably be glad to hear, the death of jeffrey epstein does not, repeat, does not stop the ability to go forward against co-conspirators of his? melissa: does it make it harder? >> not really, and here's why. why it's a little counterintuitive. the witnesses are the victims. jeffrey epstein would not be likely heard at all if we proceeded to trial. in your mind, if agreed to cooperate, my goodness doesn't that track what took place, what we need to know and find out, yeah, of course it would have been much easier, you're right. melissa: doug burns, thank you. i know you will be back. we'll be doi

jeffrey epstein had a lot of information on very powerful people, and you already saw just this week leslie wexner, the founder and chairman of the limited group, the enormous retail group coming out saying he had given jeffrey epstein power of attorney and had discovered in 2007 that jeffrey epstein had, in fact, stolen millions and millions and millions of dollars from him. that in turn asks the question why did he not go to the authorities at the time. you know, jeffrey epstein has been linked in the cases that have come up with bill clinton, with leon black, who kept him on his family foundations until very recently knowing full well that by then jeffrey epstein had gone and served a smaller jail sentence based on charges in florida. these all raise questions, you know, what is it that tied these very powerful people to jeffrey epstein in the lawsuits yesterday. yes, again, it's not the first time prince andrew's name has been raised as someone that virginia giuffre claimed jeffrey epstein asked her to have sex with. the palace denied it, but you know, i think that what's always been fascinati

absence of other information about, for instance, why he had a relationship with leon black or leslie wexnerwall street financial types, jimmy cane, former head of bear sterns, in that book, absence of emails, documentary evidence, i mean, this is the book. this is his private book about people who he should stay in touch with. so i think this just makes a lot of sense if i were a prosecutor to be all over that, but i'm not a prosecutor. i could just pretend to play one and suggest what prosecutors should try to do. >> but do we have any sense of how he made his money, how much remains, and frankly, where it is now? >> you know, i think this is all a big cover story. he was a con man. i think i believe personally in my opinion he was a blackmailer. i think he had information on all of these people. he provided, quote, unquote services to these people. him, he had nothing to do with him providing financial services or trading or any of that. i think that's one big cover story. >> lots more to find out and a lot more questions remain. bill cohen, thank you for joining us this afternoon. >> tha

stuart: leslie wexner had a financial relationship with jeffrey epstein.at a problem for the stock? >> it's certainly a problem for him. he's the largest owner of the stock. certainly that's going to weigh in. to the extent there's going to be impropriety traced to him and his company that will leak out bad news daily for this company. stuart: let me alert you, because the dow is up triple digits. wasn't expecting this. maybe it's the non-inverted yield curve that's helping. we are up 110 points. >>> now, two items of news on apple. number one, they are getting ready to release camera-focused pro iphones. new ipads, and a larger mac book pro. why is that important? is that a big deal, ash? ashley: i kind of think it is. look, it's always the same question. are the changes being made to the iphones which a lot of people focus on, are they enough to make you want to ditch what you have and upgrade. that's always the big question. the iphones, they are going to have these extra cameras on the back that will allow you to pull further back and get a wider persp