mario: coffee time. ♪ betty: we are back with mario gabelli. we've fixed your microphone. rio: i thought you were going to monthly. betty: you mentioned what next. people arext up and indering, investors particular, whether tom dooley who is the interim ceo, whether he is the person to permanent league replace will? mario: if i was sherry, the last thing you want to do is get rid of both of them. i like tom. he's done a great job. betty: even though he has been an architect? >> i have a general contractor and the architect is pulling the spring -- pulling the strings and there's always a fight. you cannot hire a ceo -- this is a perfect, logical thing. if he makes the right changes, that's one thing but if he can't, what do you do question mark in company with scale and that has a certain attraction and that needs to be fixed. betty: but you are willing to give him a chance? mario: i gave him six or eight months back in february or march and that's over. you've got 50 new direct errors on. -- he's gotsing until the end of the fiscal year. why would anyone want to change the

viacom shareholders --viacom shareholder, mario gabelli, is here with his take.er says the central bank is closed to meeting its target. investors will look for more queues at jackson hole this week. turn to thee will 2016 presidential race, donald trump calling for the clinton foundation to shut down immediately. will this move help narrow the gap in the polls? markets close in about two hours. let's had

gabelli together. this was a man we thought would be making some final decisions for sumner redstone," -- how quickly he has fallen from grace. mariothe shares of this company underperforms significantly. he said that sherry redstone was welly and in her moves and look more to the future now, so what is going to happen with viacom? will it stay as a standalone company or might it come back together with cbs? saidt you to hear what he about who might get the job done if dooley cannot. >> let's assume you combine cbs with viacom. number, you talk about a company in three years with $20 billion.of you basically have one owner that controls both so there is no takeover premium necessary. betty: les moonves is one of the highest a ceo's. >> but there's no reason to put a ceiling on it. maybe give him in a $50 million a year because it is extra work, you have to then run both companies. moreuld have to be in cities and more private planes, more speeches. but i don't want to put a ceiling on it. betty: clearly if there was any kind of visual you could have on who has done the best job, i mean look at the stock price of cbs and viacom. per