there were a lot of fame ails between clinton and michael bloomberg. none of them were solicited. one of the other interesting emails that you just reported is on cuba. there is a very interesting email sent from jake sullivan are at the planning and policy office sent o secretary clinton saying:. >> that's what you hear from his office to secretary clinton, and clearly they were talking about cuban migration at the time. it was a foreshadowing to the effect that as early as 2009 the obama administration was talking about cuba and tomorrow is the culmination of that. there was a reason to believe the people in favour of hillary clinton as the next president will take solace and comfort in the fact that these are ordinary emails how to use a fax machine, within to order apple, can i have an ice tea. >> we showed the wrong building. it was not the american interest section in cuba it was the cuba intersection in washington. let's go back to the hillary clinton emails how much of an impact will the slow process of releasing the emails have on the clinton presidential campaigns, it ra

michael mckee is senior vice president of reality for all of "bloomberg surveillance." he is with us this morning. and jeffrey davis. michael what do i need to look for at 2:00 p.m. this afternoon? aren't i bored stiff? michael: hillary clinton was running for president last time in 2008. brendan: when is she not running for president? michael: for six years we have been saying that what they say is more important than they do come and this may be the last meeting at which we do that. everyone is looking at changes to the statement to see clues as to when they might rate -- when they might raise interest rates. there is no news conference, no dot plot no economic forecast. tom: i was watching "elizabeth" last night, that magnificent kate blanchette movie from 20 years ago. janet yellen has a palace court. what are you watching today e? michael: you could parse the statement. look for what they might tweak when they talk about economic growth, is the economy getting stronger, and will we see advances continue in the labor market? is the labor market getting stronger? are

back in 2009 when former mayor michael bloomberg won the right to always on the area to make it commercial residential complex. >> $3,500. $25 for $30. how many? and the family. my mother, father, wife, they live with me. >> under the settlement the city along with the private developer, $6developer, $6 million to get the lead in the bronx. but now the 1st stage of eviction has come and gone in that light is nowhere to be seen. >> is bull shipped.shipped. i'm sorry to use this word but this bill should. >> i spokethis photo one owner. he actually blames the city. >> no services at all. they give you no sidewalks no streets. i'm sure you saw when you drove down the street. no snow plowing. we have to plow the streets withwithout machines. we get no city services of any kind, nothing, but if we pay taxes.taxes. over the last 30 years we paid about a million $200,000 in taxes and we got zero for it. >> hit a snag. really it illegal. that is not stopping the election. as for the area workers i spoke to, they are left staring at there old workspace. bill: are they're any business owners that yo

donald trump firing back at new york city mayor michael bloomberg after his media company said his mead candidate is not worth as much. that he is worth less than $3 billion. he said i'm worth more than 10. he is personally offended by all of this in true trump style is going for jugular. he replied about the report claiming bloomberg was jealous. they did it on purpose he said. i think they're a disgrace. and the knicks time i see michael, i'm not going to be nice. maybe michael told them to do it, he goes on to say. maybe he did, because he is always wanted to do what i'm doing, run for president, that is. he also went on to say, that the quality of the organization's report something quote, so bad. now i reached out to mike bloomberg for comment. mike and the organization, they are declining to get involved in this one. a guy who knows a whole lot how to calculate one's worth, steve forbes. home to forbes media. we have julie row beginsky. why is the discrepancy. donald is saying i'm worth more than 10. bloomberg says, 3. you guys are at 4.1 billion. how do you calculate this. >> one

going to new jersey gun owners into thinking that you'll be anything other than a -- a president michael bloomberg if you become successful. >> well, because it's not true. so let's start with that. yeah, does new jersey have a lot of really difficult gun laws? yeah. and they were all signed before i game governor. and i'm still waiting for one fact, one fact from you about me being anti-gun. give me one. one fact. got one? >> hmm. >> by the way, i -- >> all right. he also said he vetoed the i.d. in new jersey. that's what you heard a bit of there. let's discuss this with senior politics reporter steven colinson also joining us political analyst jason johnson. jason i'm going to start were you. you're here with me in atlanta. it seemed to have worked for the room. >> yeah it worked for the room and chris christie is aggressive. he's on point and he's making a policy argument. and that's what you really want to do at this particular point. we're two weeks away from the first debate. chris christie wants to say i'm tough. i'm not a rhino, i can defend myself and that's something i'll be able to do a

this is why michael bloomberg, who had all the money in the world, whether you agree or not. looked at the situation and said i can't win, if he can't win with hundreds of millions, i agree we have a system that voices. >> we need to build an independent political voice to assert pressure for a change. one we could have now without legislation and constitutional amendment is forcing the commission on presidential debates to open the debate, and you create a powerful voice. it's a virtuous circle and you can implement a variety of reforms. fundamental reforms, the political system, the electoral system is a stranglehold. >> let me point out that outside money can help outside candidates. you queen mccarthy told me he'd never challenge lyndon johnson and force him to withdraw in a victory to end the vietnam war, if he didn't have various people contributing to his campaign. sometimes the outside interests help candidates as they help for example others. >> i want to bring up dynastic politics. when you hear the names bush and clinton coming up again for yet another election, do

he spoke in a joint interview with michael bloomberg about china and presidential candidates.e is predicting a long growth for the u.s. economy. but get ready, he says. >> i think it will be jarring when we see an interest rate hike. we have not had one for some time. people get out the smelling salts and take a sniff and recover. when we have the first hike, the fed has suggested it will be conservative at the trajectory of future hikes. su: statements on jobs and the housing markets are improving, but no real timing on the liftoff. no one on wall street is missing the message. rate hikes are coming. >> the statement is setting preconditions of a rate hike. i think we understand it is going to be a slow, measured cycle. nonetheless, the first move always has some effect on the market. the fact the curve is steep and stocks are up, it is surprising to me. su: one reason stocks may have rallied his there was nothing in the statement that conflicts with the view hikes are coming at the end of the year. one economist believes there will be a jolt, but we will get over it. >> the

stephanie ruhle sat down with lloyd going fine -- lloyd blankfein and michael bloomberg. had a wide-ranging conversation on everything from investing to activist shareholders. they started with china. china has an incredible execution problem to get through. that took 150 years to evolve. it's very hard to -- you would like to have businesses that aren't -- in china, if you fire anye people, there aren't employment insurance to cushion the blow. you want to create insurance companies but those pools of capital to invest in are not there because you don't have capital markets. -- if usedwrite off in the economy by building 80 airports at once, 40 of them may be in the wrong place. build an airport in the wrong place in the united states, service doesn't get paid, it gets taken over and they put up a shopping mall. in china, it stays there is an unused airport. that is the system, it has to be corrected, they know it and it will take time. i know that for a long time, that will be incredible execution problem. it doesn't stop me from thinking that in the long term, it will

lloyd blankfein joining michael bloomberg for a discussion about revitalizing the economy.ll bring you that interview, coming up. the new england patriots are lashing out after commissioner roger caddell upheld tom brady's suspension over deflated footballs. robert kraft called the decision unfathomable and said he regretted not appealing the leak penalties against team. evidence,he facts, and laws of science that underscore the situation, it is completely encumbrance of old me that the league continue to take steps to disparage one of its all-time great players and a man for whom i have the most respect. betty: kraft went on to say the revelation that brady destroyed his cell phone was designed to destroy the integrity of the team. rating went on facebook to insist he did nothing wrong -- brady went on facebook to insist he did nothing wrong. >> the cover-up has become the crime. the must suspect tom brady did something or at least knew that was happening. now with the nfl changing its discipline, the fact that he threw out his cell phone. that is the cover-up coming the c

. >> yeah, interesting, i think of him as republican michael bloomberg.e running for office, it great. joanne and andy thank you. >> thank you. >> time for a look at on-line poll results we asked do you agree with governor chris christie, when he said we need more straight talk from our little bittal leaders -- political leaders? time for a few of your comments. >> en. kennedy: with a special of businesses every day every day for the past few months to put on your sweater but i cannot think of a stronger place to start as to come by than show in character the powerful agent from on triage. one. >> thank you for having me. this feels right. and every powerful pop person

. >> yeah, interesting, i think of him as republican michael bloomberg. >> thank you. >> time for a look at on-line poll results we asked do you agree with governor chris christie, when he said we need more straight talk from our little bittal leaders -- political leaders? time for a few of your comments. neil: thank you very much we will see what they do after this. >> ♪ working is important but to date do they have to work nine to five? >> no. i don't think so. >> do they want to work at all? >> yes. i love all love my job is tax free every single one of them. >> politicians say we create those. >> 1.israel million jobs but is that true? >> we look at the number of full-time jobs by 2.3 million dollars. >> they force

. >> yeah, interesting, i think of him as republican michael bloomberg. and andy thank you. >> thank you. >> time for a look at on-line poll results we asked do you agree with governor chris christie, when he said we need more straight talk from our little bittal leaders -- political leaders? time for a few of your comments. ♪ >> social justice -- >> social justice -- >> social justice. john: social justice, something leftists talk about. >> social justice is code for good things no one needs to argue for, and no one dare be against. >> save the whales. >> gays in the military now! >> free nelson mandela. >> they freed him already. john: what's the enemy of social justice? >> capitalism is really what is the oppressive force. john: so what must people do? >> spread those resources. john: when that's tried people have to wait in endless lines for their social justice. >> [inaudible] john: social justice -- >> if we don't get

. >> yeah, interesting, i think of him as republican michael bloomberg.llionaire running for office, it great. joanne and andy thank you. >> thank you. >> time for a look at on-line poll results we asked do you agree with governor chris christie, when he said we need more straight talk from our little bittal leaders -- political leaders? time for a few of your comments. >> good night from new york. kennedy: i am right here, welcome too special kennedy every day is aikena day -- kenna day, we show you famous moments from past few months, put on your snuggley sweater these are the hits. jeremy piv piven came by show in character. it got wild. >> thank you very having me. kennedy: how disney does it feele. -- how does it feel being that powerful. >> it feels right everyd ev powerful person needs a

convinced he could run successfully as a populist i never would have said the same thing of michael bloombergn if you don't agree with him, i think bernie sanders has the traits as well. he's very far left. he's a socialist but similar candidates in that hillary clinton is a preprogrammed machine. lou: he's a socialist. >> they are different candidates but honest. saying that is who i am, take it or leave it and i'm not apologizing for it. >> there is no trump in that party and there is no bernie sanders in the other party. what is occurring right now is the center populism, right populism, take the argument, and trump is the amplification of every guy. lou: and going beyond this. i get a kick personally, i want to hear what you think about this, i get a kick of the number of news organizations saying let's get away from the trump guys, talk about the important issues. there's no other candidate talking as directly about illegal immigration. the impact of the trade deals that stacked up over 40 years talking straight about the quality, the capacity, the effectiveness of our politicians and ou

this policy had been widely criticized and peaked under michael bloomberg.ing people on street and searching them if there was any suspicion there might have been foul play. they might have been involved in. the 14th amendment says you need a reasonable suspicion of a crime being committed. the federal judge found this was in violation of that. as a result this federal junl former federal prosecutor his name is peter zimroth, he was tasked with revising the nypd policy working with them. the first report he has released since he began going back and looking at that. this is what he found, fred. >> how is the nypd responding right now? >> so they are saying that they are going to revise their training so that officers understand how to document their encounters with the public specifically when it comes to stop and frisk. they say it is of the jut most importance to them that documentation is accurate of course. now, another response to this is that peter zimroth is saying that he wants to implement a body camera program that's more random among the different

going to new jersey gun owners into thinking that you'll be anything other than a president michael bloomberg if you become successful? >> because it's not true. so, let's start with that. does new jersey have a lot of difficult gun laws? yeah. they were all signed before i became governor. i vetoed that. i understand if you have a point of view, have a point of view. have some facts to back it up. what are your facts to back up that i'm anti-gun? no. so, now, you're interpreting intent. i had to get muscled into it by who? who has muscled me? gun owners across my state? i've agreed with gun owners on my state. what they're frustrated about is we have a democratic legislature who is anti-gun. and they can't get those laws changed. here's the news for anybody who is governor or president. you're not emperor or dictator. and i'm waiting for one fact, one fact from you about me being anti-gun. give me one. one fact. got one? >> support for a state -- >> by the way, i vetoed the state i.d. system. you're wrong about that, too. >> all right. let's talk about it. we've got cnn politics senior repor

going to new jersey gun owners into thinking that you'll be anything other than a president michael bloomberg if you become successful? >> because it's not true. so, let's start with that. does new jersey have a lot of difficult gun laws? yeah. they were all signed before i became governor. and i'm still waiting for one fact. one fact from you about me being anti-gun. give me one. one fact. got one? by the way, i vetoed the state i.d. system. you're wrong about that, too. >> lisa, this is the tell it like it is candidate, right? that's his slogan. is this the right tone in the wake of charleston? in the wake of chattanooga? in the wake of lafayette? is this the right tone for this topic? >> i think there's frustration. for someone who's worked on campaigns for seven years. there's a lot of misinformation out there about your candidate. this is the job of the candidate. this is the job of someone like chris christie, who is making a presidential run, to set the record straight. that's what he is doing. the individuals in the audience who brought up the questions, questioned governor christie's

de blasio was given a one-year extension of this authority where when you look back at mayor michael bloombergyear extension twice. so listen to some of these comments harsh words from mayor de blasio in what was clearly a very calculated decision to take on governor cuomo. >> what i've found was he engaged in his own sense of strategies his own political machinations and what we've often seen is if someone disagrees with him openly some kind of revenge or vendetta follows. >> he won't on and on wolf this is fascinating. he talked about how the governor had exhibited a "lack of leadership." he said he did not act in the interest of new yorkers and to put this into more context, these are two guys who have a history. back when cuomo was the hud secretary under the clinton administration bill de blasio was working under him. so they've known each other for some time and you're still seeing this friction going on for some time behind the scenes now spilling forth publicly. >> he's accusing the governor of acting out of revenge against new york city. that's a major charge. what's the reaction from

that money has not had an effect in a dramatic way but there are great partners like michael bloomberg and a ton of people to do amazing work. charlie: on education. bill: yes, as a group, we cannot say that the educational impact is been a lot. dropout rates have come down some and there is good turnout from chum -- from some charter schools. charlie: when you watch this as a place of friendship, i think it got accelerated after susie's death and you began to say what should i do? did you have evolving thoughts about philanthropy? warren: i know go into a trance over decisions. it was well thought out. i had to make a change. it was obvious what i should do actually. charlie: obvious that you gave your money away or where to give it away? warren: i wanted to give it away under any circumstances. there is not any other option. charlie: you can't take it with you. warren: everything i wanted in life i could buy. money had more utility to other people than me. the approach that all lives are of equal value -- i would not change a word of that. that is exactly how i feel. the question is,

. >> reporter: the policy peaked under mayor michael bloomberg's administration.ice could detain question even search people if they suspected foul play. it was widely credited with dramatically reducing crime. however, a 2013 report by the public advocates office found the majority of those stopped were african-american or hispanic. months later, a federal judge found the policy was a violation of the fourth and 14th amendments which says there has to be a quote ial profiling. >> we believe in respecting every new yorker's rights regardless of what neighborhood they live in or the color of their skin. we believe in ending the overuse of stop and frisk that has unfairly targeted young african-american and latino men. >> now, they are recommending a random body camera trial to see how the cameras impact the actions of the nypd and the people who they encounter. in response the nypd has revised its training emphasizing that accurate reporting of stop and frisk is of the utmost importance. context is important here fred. new york city's police force is the largest po

to the extent -- in that sense he's mike michael bloomberg, the former mayor of new york worth 30 billion who financed his campaigns in new york and wasn't beholden to anybody. that kind of straight talk without being beholden to political operatives seems to have a lot of appeal. we don't really know the real extent of donald's wealth. >> it seems like it should be appealing to the american people that he's not beholden to anyone. >> that's why i think he's popular right now. >> thank you for coming in. >>> my next guest, a legend of rock and roll and former "celebrity apprentice" contestant who has known donald for years. but that didn't save him from this. >> i have no choice. you know that. gene, you're fired! >> i respect your decision. >> i don't know why you did this. i had no choice. thank you. so long. >> gene simmons joins me exclusively now. did that moment hurt, gene? >> not at all. i had to be in australia in three weeks for the start of the kiss tour. i had to finagle a way. it's tv, you know that. >> the people on there are playing characters as well. >> i think what you se

education broadly about 800 million a year and that money -- there are great partners in this michael bloomberg, people who do amazing work in education, and as a group, we can't say that the educational scores have moved up a lot. dropout rates have come down some and there's a few points of light in terms of good charter schools. >> rose: when you're watching this from a place of friendship you, obviously i think it got accelerated after susie's death. >> right. >> rose: began to say what should i do? did you have evolving thoughts about philanthropy? >> no. i had thought out and then i had to make a change. but, you know, it was obvious what i should do,. >> rose: obvious you should give your money away or where to give it? >> i was going to give it away. there is no other option, charlie. >> rose: can't take it with you. >> everything i wanted with money i bought a long time ago. so money had utility to other people but didn't have any utility to me. and the approach that all lives are of equal value i wouldn't change a word in that. i think that is exactly how i feel. and the question is w

partnership of a new american economy has people like bill i'm talking business luminaries, michael bloomberg you've got bob of disney you have rupert murdoch form orally of microsoft on the board. business see a huge value in smart immigrants and a pathway to likes of what jonathan is talking about. why can we not get that pathway stricken or opened up rather? >> i would ask this question there are 30 million americans who are unemployed, employed but it mafngs a lot of that. we have to look at our u.s. citizens for business and jobs that need to be filled before we look at aliens so many say forget about u.s. citizens plant cheap labor abroad. first let's of course allow and have illegal immigration process that is faster. when somebody cools in legally you need to get that visa faster hiring more government agent it is to do the work. but you be, let's look at our own citizens first. 30 million that's a huge number. >> it is. and the job situation is not great. what you find is immigrants rushing to street corners to you know many of them taken advantage of because they're not legal. but j

michael mckee, bloomberg's economic editor. joe: coming up, soul cycle filed for an ipo. many rides did it do in 2014? ♪ alix: i'm alix steel. joe: i'm joe weisenthal. "what'd you miss?" alix: before the break we talked about soul cycle. joe: the company has been growing rapidly, from 969,000 rides in 2012 to 2.9 million rides in 2014. alix: we were not one of our writers. -- the riders. we're looking at -- joe: with us to discuss technical charts as a technical analyst, and we want to start we want to start off with a chart of gold, particularly in long-term chart of gold. what do we see? guest: this is an interesting part long-term here. 2008, 2009. remember that key resistance right around 1000 bucks? kept bumping our heads up against that. once we broke out in 2009, 2010, we almost doubled from there. that was a powerful move. the mortgage has a lot of memory there. for a long time we figured that , thate ultimate target overhead supply should turn into some sort of demand and that is why we want to be covering short positions. alix: that is the same issue everyone is

he is not michael bloomberg. he is pt barnum. stephanie: does he have any advisors?ople in iowa but it is a shadow network. he is his own advisor. stephanie: and potentially worst enemy. erik: we are going to have to have you back. the campaign is hardly over. he wrote the book " trump nation." read his column today at bloomberg.com. stephanie: nothing is better than a great guest who works here. ♪ ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swift's music videos interviews, and more. xfinity is the destination for all things taylor swift. stephanie: welcome back to "market makers." we are just a few minutes from the opening bell here in the u.s. the bloomberg markets executive editor joins us with three things moving markets. welcome, madame. >> let's talk energy loans. we just at the u.s. banks report second-quarter earnings. we got an update on how the energy loans are doing. we had science bank say nonperforming loans were at $66 million. wells fargo said there was a $416 million loan increase driven by oil and

michael moore with us from bloomberg news and michael mayo will join us at the top of the hour. right now in journalism and newspapers there is a series of headlines. vonnie: the "new york times" reported that pearson may be in talks to discuss a transaction, and we are getting confirmation that there is no certainty that talks will lead to a transaction, but they are in advanced talks of a cell of the financial. tom: ken doctor ripped this apart, and i want to drag in don stressassheim with china. everybody reads the rft. are they a different newspaper than all the other major newspapers? brendan: i think it is asked ordinary, and they have adapted well to the web. they have deep analyses, what they call the deep dive. aside from this news, why did amazon by the "washington post"? the answer is -- coulter matters. you're are better off buying something where the newsroom exists, where habits exist whether it is a history, where you can turn in a specific direction then you are starting up from scratch. you cannot create a news organization -- tom: we rip up the script of course

because of a guy i like a lot, michael bloomberg, and because of two really fine people, congresswoman gabby giffords and mark kelly -- [cheers and applause] but combined it was the first time in a legislative shoot out that the nra was outspent, and we still failed. why? in my opinion, because of the political influence of extremely powerful groups, not just the nra, but the gun lobby and manufacturers, elected officials were unwilling to risk their seats based on past examples rather than do what they knew to be the right thing to do. i have observed that there is a consistent attribute of human nature that affects the decision not only of elected officials but all of us. never underestimate the ability of the human mind to rationalize. i don't know how many members told me, i cannot take the risk, because if i lose you won't have me here to help on food stamps or the other good things. it is called rationalization. you are all susceptible to it. everybody is. something that i urge you to do is to first understand and expose those elected officials who were otherwise good people. the

donald trump firing back at new york city mayor michael bloomberg after his media company said his meadrth as much. that he is worth less than $3 billion. he said i'm worth more than 10. he is personally offended by all of this in true trump style is going for jugular. he replied about the report claiming bloomberg was jealous. they did it on purpose he said. i think they're a disgrace. and the knicks time i see

for erik schatzker and stephanie ruhle is prepping for her interview with lloyd blankfein and michael bloomberging that do not want to miss, coming up in 45 minutes. two well-known tech companies are getting battered in premarket trading. twitter has been down 11%. it also plunged as much as 23%. investors are concerned that twitter is not adding users as fast as it used to. for yelp, the website reduced its revenue forecast and will stop selling national brand advertising. expenses climbed in mastercard the second-largest payment network. second-quarter earnings still matched estimates. a stronger dollar has heard from overseas there is no sign that u.s. consumers are spending the money they saved because of cheaper gas but what are the heck -- the heck are they doing with it? home prices look "bubbly." robert shiller admitted that the housing market can be irrational. robert: if you think home prices are too high and heading for a fall, the best thing you can do is not best. you cannot profit from the knowledge that they're going to fall. that means that kind of knowledge does not get into ma

to worry about being outspent because of a guy i like a lot, he's a republican but first rate michael bloomberg and because of two really fine people congresswoman gabby gifford and mark kelly. [ applause ] combined, it was the first time in a legislative shootout that the nra was outspent. we still failed. why? well, my opinion because of the political influence of extremely powerful groups, not just nra but the gun lobbying and manufacturers. enough elected officials were unwilling to risk their seats based on past examples rather than do what they knew was the right thing to do. even what their people wanted to do. folks, i've observed, there's a consistent attribute of human nature that affects the decisions not only of elected officials but with all of us. it's called rationalization. never underestimate the ability of the human mind to rationalize. i don't know how many members told me, joe i can't take the risk because if i lose, you won't have me here to help on food stamps or help on -- because they did other good things. it's called rationalization. you're all susceptible to it, every

pimm: coming up on the bloomberg , lloyd blankfein and michael berg speaking up -- bloomberg speaking the minimum wage and more. rent to own homes are making a comeback. we will to you how wall street is getting bloomberg speaking i. at 1:00 p.m. we will sit down with the prime minister of canada. going to ask him about energy in the country as well as the downturn in canadian currency. 2000, microsoft windows ran on 97% of the world's consumer computing devices. now it is under 20%. the technology giant is trying to win back customers with windows 10 which launches today. microsoft promises it will reach one billion users within three years. covers technology for us here at bloomberg. what's going on with this new release? alex: no fanfare. no big celebrities. that in -- if they get to one million in three years, that would be the fastest adoption rate for any adoptions -- for any operating system. pimm: it is one million not billion? one billion. ceos.a big release for this is a business that used to be worth $19 billion back in 2013 for microsoft. amy hood said it is around 15 bill

. >> someone more like michael bloomberg. less about super pacts and donors. >> leadership. forward thinking cares about issues that matter in the future. things that affect us today. the environment, gay marriage et cetera. >> i want to see international playing field taken seriously and not demise. >> i want to see someone with demise. >> libertarian. somebody who's liberal on liberal issues and and conservative on everything else. >> when it comes to qualifications i want to know what the resume would look like if you have the skill set to become president? scott walker a guy that didn't graduate college. >> raise your hand if it bothers you? tell me why. >> education is important. for example, the day you were born. you've got kindergarten fifth grade. bla bla bla. high school then you go to college. then you get a degree and get your so called job whatever it is. for example, if scott walker didn't get education, he probably -- >> he went to college, just didn't graduate. >> he was one semester away. that disqualifies hi

erik: bloomberg's michael moore is here to tell us whether the firm is at a disadvantage. the headline getting most attention on wall street is about morgan stanley's archrival goldman sachs and it's eeo lloyd blankfein. he is a -- and its ceo lloyd blankfein. he is a billionaire. why is it taking so long for the first prophet of bank in history? michael: he is been other top of the firm for a long time and the shares have quadrupled under the ipo. erik: he is pre-ipo by a long shot. he had a big slug of stock when goldman went public. about half of it is the value of the company he has now. is his own of it divested assets. do we have any idea whether he is outperforming his own company? michael: unclear. assumptionervative about his ability as an outside investor. brendan: we have seen the big report. michael: is looking good for morgan stanley because what has outperformed his investment banking and equity trading. morgan stanley is much more weighted to equity trading and investment banking. brendan: the big lever is still trading. what about the wealth management busi

i want to thank you very much, bloomberg's michael moore, who knows more than any of us about the bankingtry. well, i am going to say goodbye. betty: thank you, pimm. and now we have the vice-chairman of kissinger and associates. the greekigh in on banking system and all of that in a moment. ♪ betty: a beautiful day here in new york city. welcome back to the "bloomberg market day." i'm betty liu. here is a look at the top stories crossing the bloomberg terminal in the last hour. yellensident janet reiterated that the fed is unlikely to raise rates this year. industry experts say that talk about a hike is likely to have caused mortgage rates to boost the highest since fall. you can watch that 2:30 p.m. alive today at -- today right here. appeared inoof court today, and roof may face the death penalty. the judge also extended a cake order -- gag order last week. gunning down of nine people at a historic black church last month. and economic sanctions have long prevented carmakers from it doing business in the islamic republic, and german carmakers are eager to return. they could reap an add

my thanks a right now to be bloomberg economic editor michael mckee and bonds reporter lisa abramowitz. they will spend more time with me coming up. this is "bloomberg market day." ♪ pimm: welcome back. we will take you to janet yellen butestimony on capitol hill first, let's take a look at the other top stories at this hour. the greek parliament votes today on it deal that would determine whether the country gets a new money.f bailout the prime minister will have to count on members of the opposition parties to get his plan for the parliament. the package includes pension cuts and tax increases and they have led to a revolt in the prime minister's coalition. it is obvious to most of you that this is the difficult part and it does come in fact, have many elements that will have a recessionary effect. there are many reforms that continue the neoliberal direction and will affect growth of many social groups in a questionable way. pimm: he is the finance minister of greece. the international monetary fund has warned of the eurozone that greece needs more debt relief. a new report question

we explore disruptions and vulnerabilities with michael regan of "bloomberg news" and kevin mandia isresident of fireeye, a company that specializes in dealing with cybersecurity and network protection. and we welcome you both to the program. michael regan, to you first, let's start with the new york stock exchange closed down for over three hours. how big a disruption was this and what's known about what caused it? >> well, the problems at the new york stock exchange actually started even before the market opened, when traders send pre-market orders to the exchange, and it was clear that the communication between brokerages and the exchange was not working properly, a lot of customers were not getting the confirmations that their orders had been received. that could cause problems -- trairsd to have to resend orders and have duplicate orders in the system. at first it looked like a routine glitch. by 11:30, the exchange made the decision to shut down trading on that exchange. there are eleven official stock exchanges in the u.s. right now and in the neighborhood of 50 alternative ven

michael mckee, bloomberg new york. anna: what should the fed wait for before hiking rates question mark many data points missing. tweet us @annaedwards. the payroll number is due out at a: 30 a.m. that is 1:30 u.k. time. a couple of other key pieces of data, spanish unemployment comes out at 8:00 london time. then we expect the interest rate announcements, busy and on the move this morning. coming up on countdown -- >> the eurozone can handle this. it depends on the structure of the banks, and the greek economy is no different. it is important to say that greece is small. but the problem is complex. anna: a resolute ceo, that was a clip of him speaking to bloomberg in an exclusive interview. we will hear more from him, when it returned. stay with us. anna: welcome back, 17 minutes past 6:00 in london. the insurance giant ace announced a buyout of arrival. it will help them compete with aig formally led by greenberg's father. facebook will begin sharing advertising revenue with companies that post video on its site. the

michael mckee, bloomberg washington. anna: so much excitement it seems around one word. paul donovan from ubs we talked to him in a moment. in china, the shanghai composite continues to wobble this morning. that is a very technical term. that is driving away investors trading volumes have half since june. juliette has the latest in hong kong. the morning to you. juliet: it certainly has the shanghai composite earlier today, after the lunch break, up by one third of 1%. five minutes ago, it was in the red. up by another 10th of 1%, positive movement in the asian rim. that is coming out of the rally that we did see in the u.s. market. although the cost is being weighed down by week earnings, particularly from samsung which makes up a large part of the index. we have weaker than expected numbers, expanding share prices down to 3.6% in korea. we have a lot of earnings coming out in japan, nintendo is one of the best performers, getting up the share price by more than a percent. in the rebound and commodities really helping players in the region, and listing australia to 2.6%

i stood up to michael bloomberg. you can see in 2009 on the new york times front page, to test the system they denied as a -- us aid. in 2011i had a decision. they did not comply. i lost 85% of my esophagus to esophageal cancer. i am trying to make lemonade now. i am asking if people go on to indigo goegogo, because with disabilities you are allowed to stay at home. but if you are in new york they are saying they can't enforce the order down in new york state i do have a solution. this is it. in this country the law is excellent. it's like giving a metro card in d.c. for life. we have the laws on the books. we protect property. if you are a bad penny you go to court and 15 years later -- 15 days later you are jail. we need a human rights court. host: thank you my much. we will let our guest response. -- guest respond. guest: you're right. in the ada is not a panacea. when you encounter at the state and local level, with your local governments and the bureaucracy that you have to deal with unfortunately you feel like

this is bloomberg "surveillance" vonnie quinn and michael mckee. amazon just turned on the profits. michael: 0.004% went to revenue. and that is a big deal. tom: was it 18%? vonnie: the stock -- tom: he nailed it yesterday. again we will have some on amazon through all of our "surveillance" hours this morning at right now, very interesting set of friday top headlines. here is vonnie quinn pit vonnie: in lafayette, louisiana, oregon man opened fire and a movie theater last night. he killed two people and wounded nine others before killing himself. the shooter tried to escape and then turned back when he saw police entered the theater. governor jindal: when these acts of violence happen in a movie theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. the great thing about america is when any of us suffer, we all suffer. this is a time for us to come together. vonnie: and we have breaking news. anthem will buy signet -- cigna. this had been telegraphed. we'r