i became 100, my god. >> matt klein, the owner, proprietor, at max club deuce turned 100 years old thisre. the cigarette smoke and dark dank atmosphere pretty good for a guy that's seen it all. >> that's 73 years ago. fort bening, georgia. i was in the second army division. >> matt klein came from new york's lower east side by way of the battle of normandy. >> i came here because i was wounded and the warm weather was much better for me. >> but there was a lot of g.i.s during the war here, right? >> they saw a world that they didn't believe. >> during world war ii, miami saw a massive influx of military personnel. hotels, which had seen a sharp drop in business, made a deal with the government to house troops at the empty resorts. >> they told their parents about it. their parents came down, son came down, they opened their businesses here, and they were basically jewish at the time and that's how it started. >> by the fall of 1942, more than 78,000 troops were living in 300 hotels in miami and miami beach. >> how long have you been running the deuce? >> i took over in 1964. half of my

following saudi arabia oil company is almost too big to imagine but hasrgan and michael klein been selected to advise the ipo. mattas written several stories on the global oil markets for bloomberg business week. tell us first what is the latest on the ipo? latest is this seems to be going forward. there is been a lot of skepticism about whether the saudi's are real about this. this is kind of more evidence that they are for real about this and bringing in jpmorgan is -- jpmorgan in what is assuming to be the main banker on this. is now in his own boutique shop. it seems like he has more of a strategic role in this. but this is a strong team and more evidence that the saudi's are serious about doing this probally before the end of 17 they say. tell me more about the relationship between j.p. morgan and the saudi arabian family. michael kleinen and the royal family. what kind of background can you give us as to how it was selected? matthew: aramco used to stand for the arabian american oil company. the original owners were exxon, mobil. that relationship goes back decades and decades back to the rockefellers. chase

matt: one of the most read stories on the terminal. best currencies have the month of gain in years. goldman sachs says asian currencies will resume the kleinfurther easing in japan and china are likely to push the yen and yuan to their weakest levels since 2008. asian currencies are on investor radar. i want to you -- i want to move to europe. -- $13.50 apiece. expect favorable rulings on nuclear fuel taxes and says related earnings could be re-rated after the ipo of a new company. rolls-royce in the red but now well-off session lows after falling more than 2%. credit suisse downgraded the stock to an underperform essentially saying sell the shares. short-term pressures in its defense aerospace unit. the analyst sees a 20% pullback over the next year and a caveat, this is the engine maker, not the carmaker. the car brand is owned by bmw. stephanie: the ceo of rolls-royce in response to tesla set we made the first rudderless cars, the rolls-royce, chauffeurs -- the first driverless cars, the rolls-royce. chauffeurs. david: now we turn to saudi arabia. in an exclusive interview we learned about a big economic shakedown in the history -- the