last week dropbox shortened the lockup period.w going to end on august 23rd that is just ten days from now. now, i don't think it really matters whether they end the lockup in two weeks or six weeks. but for people who just bought the stock going into the quarter, the impending lockup probably came as a jarring surprise. >> sell, sell, sell! sell, sell, sell >> at the end of the day, though, dropbox sold off after the quarter because the stock was inundated with hot money the darn thing had rallied from nine straight session. so when they actually reported these hot money guides just sold on the news. this has happened before as eric johnson, my colleague at thestreet.com, what a great tech writer he is, points out, dropbox saw its stock surge 40% in a span of a few days in june with nothing more than vague buyout speculation then gave up the entire move the stock is a wild trader so what do you do with it here look, i'm still a believer in the story, maybe more so down here dropbox has a terrific subscription based model the fant

now back to lockup. due to mature subject matter, viewer discretion is advised. >>> got to have some kind of hustle while you're in here. to operate here, you know. so it's like this here. i just charge a dollar personally. you know, the first -- we still want to try looking at presentable as possible. >> you know what i mean. we want to get business-like here. a lot of times you don't know when they're coming, so in case you might want to take a picture, you know, you look your best. appreciate it, junior. >> the kite found on "b" yard brought the officers no closer to the location of weapons. in order to prevent another stabbing, isu and the institutional gang investigators or igi plan an early morning raid. this time hitting the inmates while they sleep. >> we're looking for weapons, dope, tobacco. we've got to be real careful with these guys. the last time we did this in june in that same facility, the northerners will make sure that they flush -- try to get to the toilets as soon as they can. the so

>>> coming up next on "lockup: extended stay."ob's release date arrives. but is he ready for the outside world? >>> and later, can rookie officer faldon stop an inmate's anger from escalating into violence? come away with me barnabas! but i am a simple farmer. my life is here... [telephone ring] ahoy-hoy. alexander graham bell here... no, no, my number is one, you must want two! two, i say!! like my father before... [telephone ring] like my father before... ahoy-hoy! as long as people talk too loudly on the phone, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. play "connection" by onerepublic. ♪these days, my waves get lost in the ocean♪ ♪seven billion swimmers man ♪i'm going through the motions ♪can i get a connection? ♪can i get can i get a connection?♪ the first survivor of alzis out there.ase and the alzheimer's association is going to make it happen. but we won't get there without you. join the fight with the alzheimer's association. >>> due to mature subjec

this is "lockup: corcoran extended stay." inmate interaction in prison is volatile at best. >> dude told me he was going to stab me. i told him to get his knife and i went in and got my knife. >> whether it's with officers. >> you are the captain, man. something has happened to you. >> disputes with other races or gangs. >> i got in a fight on the level one yard. i had lied to some home boys, fresno home boys of mine. and i guess i had it coming. >> or even a prison romance. >> i had sex with my cellie. >> in corcoran it's not a question of if there will be violence, but when. >> everybody down! get down! >> violence flares in the gym on "a" yard and officers move quickly to reclaim control. david salazar, the victim of the battery, refuses to identify his attacker, and the corcoran officers launch a massive investigation. >> let me see your knuckles. >> flip them. can you pick up your shirt? >> take your whole shirt off. >> take it all the way off. >> there is more than just what he's telling us. >> hey, salazar, are you a -

but now for whatever reason, they have moved her from one lockup to another. that means she's only about two blocks away from where paul manafort's trial has been underway in virginia. that's not the courthouse where she'll be tried. she'll be tried in washington, d.c. we know it is not unheard of for people waiting to end up in this virginia jail instead. and it is surprising that nobody knows why she was moved. according to her lawyer, neither she nor her lawyer had any notice before it happened 40 night. her attorney said, i got a collect call. i was discon nkted before i would speak. he visited her this morning. she was not in, i am still unaware of the reason. we contacted him today to see if he had learned today why his client was moved from d.c. to virginia. he told us, quote, no news. i have no answers yet. you can ask the marshals service. it is their call. we did ask the marshals service and they didn't call us back. surprise! if we do get a call back from them, i will let you know. there's no reason to think that they'll have contact with each other

this is lockup corcoran extended stay. >> most of these people out on this yard could die right there and i would watch them die. i don't care about them. >> when it comes down to it, you miss one beat, you're going to miss the whole burrito. >> from old school prison gangs, to destructive street gangs, it's a dangerous mix. >> bulldogs are at war with everybody. >> officers who have known gang members into the shu where they have a choice, stay in the gang or drop out. >> you're going to have to die sometime. i might as well go out with a bang. >> california state prison corcoran has the largest housing unit or shu in the state. split between two units, the shu houses some of the worst inmates in california. the majority of these are validated gang members or inmates too violent to be housed in the general population. shu inmates are kept in 8x12 foot cells and receive only 10 hours of rec time each week. when moved, they are shackled and escorted by two officers at all times. awareness is vital. >> we have to wear these hard shields for the purpose of the inmates on the tier like to

by some estimations around fifty percent of the world's sapphires now come from a lockup. he. is french but he has lived in madagascar for years he's fascinated by precious stones and is always looking for especially beautiful specimens. but love. the most important thing is the color. if you find one you like moist mint and shine a light on it. check the clarity and then he cracks and. then make your offer if the seller doesn't like it there are two hundred other dealers here. i shall know. very little some of the items being offered as precious stones are in fact colored glass. blue sapphires are well known across the world but the gems here come in all the colors of the rainbow most rough sapphires from madagascar are sent to asia for cutting and polishing very little of that work is done here. the company that chioma works for is one of the few in madagascar that turns local gemstones into high quality jewelry. and i want to know if i saw a wants to sell the gym he found in his mind shaft if it's a sapphire it will fetch a good price here. he only takes a look and knows im

now back to "lockup." >>> you're limping right now. >> i'm not limping. >> you're limping! the staff have been working together so long that they think of one another as family. and some of them actually are. >> just to let you know, the new sanitation sheets that they're doing -- >> yeah? >> i got one today where you're not to fill anything out -- >> lieutenant dejarnett and his younger brother, who's a sergeant, have been on staff together for nearly 14 years. >> and i'll make sure we get something before it becomes a bigger problem. >> the mentoring part's pretty much done. he did that, though. he took care of me early on in my career. he bought my first gun for me. i paid him back, but you know, he really helped me along with a lot of things, you know, helped me out immensely coming through academy, you know. probably a big part of the reason that i was the honor grad out of the academy was because of what i knew coming in from him. we're pretty much equal footing now except for the rank thing, so. >> but when the brothers have a dispute about rank or anything else, the

the lockup of the stock expired when.olders of the stock are allowed, if they so desire, to sell share, dropbox selling to lowest level since ipo in march. today adding onto it. trading volume 21.7 million shares on the move. >>> not banking on tesla. fox business confirming that jpmorgan standing on the sidelines of drive to go private for now at least. sources telling charlie gasparino that the wall street behemoth wants to avoid the drama, quarterback elon musk facing a field of obstacles from legal battles to funding doubts as he aims for privatization touchdown. charlie gasparino is here and couple things, charlie, have you breaking news you just got, too. let's start with that. >> this stuff is breaking fast on the privatization plans or the plans to go private. not quite there yet. skid why is elon musk hiring all the bankers, right? it's morgan stanley, goldman sachs, it's silver lake, and why isn't the company retained a banker yet? one of the reasons i hear is that as of -- and this is time sensitive in the sens

. >>> jim fayed was in a federal lockup facing white-collar charges, operating an internet gold business license. but lapd detective salaam abdul-rahman was investigating whether jim had killed his wife to keep her from cooperating in that federal case. the detective focused on that security video and realized that those grainy pictures were so telling not because of what jim fayed is doing, but because of what jim isn't doing. it's the moment of pam's murder in the parking garage next door, and everyone in the frame starts to react, to move toward the sound of pam fayed's screams. everyone, that is, except jim fayed. he doesn't seem interested. >> is it your belief that at the time surveillance cameras capture mr. fayed sort of walking around the courtyard area, that he knew his wife was being killed at that exact moment? >> yes. the reason i base my belief on that is mr. fayed, when he walks out of the building everyone is interested in what's going on in the parking structure except mr. fayed, because he knows what had just transpired. >> but that apparent disinterest in pam's screams

described him, i just want to read a little bit of your description, after spending more than a month in lockup so he hadn't had access to the high style designers, but you wrote that while his hair maintains the same sweeping part, the edges are jagged in an imprecise, jailhouse barber way that the unincarcerated paul manafort would never abide. sitting at the defendant's table, he not infrequently -- i love that, it captures so much right there. >> there's so much of his personality that's marched through this trial. this focus on his clothing. and i think the clothing does suggest something about the man. he wasn't just buying these things in order to launder money through these tailors. he was doing it because he had an obsession. he accumulated vast sums in the ukraine, yet it still wasn't enough for him. gates described this today, the way in which manafort by the year 2015 was in desperate financial straits. and so in those desperate straits he did desperate things, like lying to banks about loan applications. that trail led him to take this job with donald trump for free in 2016. >> for

this is "lockup: corcoran extended stay."

the ministry of commerce have shortened the lockup.d by foreign investors to one year, from three, also allowing equity and ineign companies -- equity foreign companies to be used as payment for stakes. facebook has a campaign to behind -- they have deleted at least 32 pages which are suspected of meddling in the elections. facebook says it does not yet accounts.s behind the the los angeles district attorney's office says a plan to prosecute cbs boss les crimes for si sex cannot occur, because too much time has passed. reports that the statute of limitations had expired on three of the alleged incidents. the national basketball association is betting on mgm, the league forming a union with the casino operator, as its first gambling partner. top of the deal is worth $25 million, and mgm was sports betting is legalized, will be able to use nba and wnba logos and trademarks. they will also have access to for streams from the nba betting. global news, 24 hours a day, on air and at tic-toc on twitter, powered by more than 2700 journalists a

is an idiosyncratic or beginning to be a lockup and em currencies?e are still in the nature of more idiosyncratic in general. if we look at some of the constituents of the e.m. bucket when you're looking at turkey and south africa, they have specific structural impediments, structural risks. it makes perfect sense for investors to stay clear of some of the em currencies. i don't necessarily think it is a scenario are the investor stands aside from all em currencies. yes, we are seeing funding pressures in terms of rising dollar rate, but i don't think we are seeing a broad base in emerging markets as of yet. it is something investors are remaining mindful of. tom: will the leading central banks remain mindful of what we are seeing in em? argentinian peso, i notice indian rupee, the same idea. does this begin to play on developing economies and economics? patrick: i don't think yet. i don't think we are having any real economic impact. we have seen probably in overbought positioning, people trying to be picking up. the specific issues with south afric

francine, we are seen markets lockup. it's not a crisis but it's different from yesterday.isis but it's a panic. it's looking ugly out there. investors are a little bit in a panic because they don't know what the president of turkey will say. crisis but ifl on you are invested in turkish lira, it's not a great day for you. day is the quote of the what is being reported by turkish state media. it's very clear that for the moment the president is still defiant over this market rally. worldwide, the president of turkey speaking not once but twice here in the new york morning. right now, your morning briefing with sebastian. the lira plunging even further into record territory. it was down as much as 13 percent against the dollar. turkishutweighing attempts to stop the rout. the financial times says the ecb is concerned that turkish borrowers may default on foreign currency borrowing. tesla is moving ahead with its review of elon musk's call to take the carmaker private. toy are likely to tell him recuse himself while they consider the plan. capital investments are on a strong