the michael moore if >> the michael moore, who donald trump now is sending like a left wing michael moore waco. this is just wrong. you can have honest differences with president bush. on 9/11, he had no warning whatsoever. and he did unite the country afterwards. i lost many constituents on that day. if i thought that president bush had any responsibility for that, i would be the first to talk about it. but after 9/11, when others lost their nerve, president bush not only united the country, he united law enforcement, the intelligence agent scieagencies brought the country together as far as fighting terrorism with a united voice. the fact is, we have an anti-terrorist infrastructure in place that's prevented any massive attack against the united states. >> president bush has been praised for uniting the country after 9/11, that moment with the mega phone lives on in the memories of a lot of the victims as a healing moment. donald trump has gotten in trouble because on the an ver anniversary on september 11, 2013, he sent out a tweet talking about the anniversary and the haters and loser

my thanks also to michael moore. the next 20 minutes of the bloomberg market day, why did the federal reserve decided not to raise interest rates last month? fedill find out because the market committee meeting minutes are out in just a few hours. hillary clinton is taking aim at high-frequency traders. how much will the so-called flash boys have to pay if mrs. clinton wins the white house? up, an interview with international monetary fund manager director. -- managing director. ♪ pimm: this is the bloomberg market day. i'm pimm fox. story, the uaw committee will decide tomorrow whether to recommend a new contract for its fiat chrysler members. unitedomaker and the auto workers tentative agreement earlier today. at oneon says significant gains and it also says it reached a deal minutes before a strike deadline. german authorities investigating the volkswagen emissions cheating scandal rated company facilities and the homes of several employees today. more than four dozen officials searched bw factories -- vw factorie

i know you like donald trump, but in this particular case, you say he sounds like michael moore.ndications, there have been reports saying more could have been done. you've seen the 9/11 commission reports, for example. >> wolf, i almost entirely disagree with that. yes, there were reports that al qaeda may try to attack the united states. that went back to 1998, 1999, 2000. but president bush was briefed extensively, and every one of those briefings, including the august 6th briefing from mike morell, saying there was no indication whatsoever that there was any planned attack against the united states. the attacks they were concerned about were in europe, and the president specifically asked, is there any evidence at all -- any specific evidence at all of an attack on the united states. the answer was no. in his memoirs, george tenant, director of the cia, said they had no knowledge that an attack was planned against the united states. so, was it a general warning? yes. that's why the president asked to be briefed. that's why he asked for the briefing august 6th on his ranch in

michael moore from bloomberg news.t for the bloomberg "market day." ♪ scarlet: we are moments away from the closing bell. i am scarlet fu. alix: and i am alix steel. joe: and i am joe weisenthal. et: stocks closing, the s&p rising. joe: the question is, "what'd you miss?" scarlet: will the report strengthen or weaken the rally? joe: and intel. we will talk to the chip giant. alix: and don't forget about the emerging markets. we are going to get a top fund manager's perspective. but, of course, we are going to take a look at what the markets wound up doing at the end of the day. it was pretty weak overall, down versus its 10-day moving average. the china trade data.

joining as is michael moore with more on this tory. are they hiring exactly. >> a couple of commodity metals sign firms.of buy it is part of the effort. goldman sachs has historically investingdities effort. now they are building more toward building back into the trading area. they have had to get out of physical investing because of capital rules and scrutiny. top banks among the banks in terms of revenue. they have been the most committed to the business, not surprising given that lloyd blankfein came from the commodities business. that is not particularly surprising. --y have been ready vocal pretty vocal in saying committed to the business while others have pulled back. betty: michael moore on goldman sachs. opening the book after the closing bell. two consecutive quarterly profits. we will find out soon. ♪ the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time

i think is something that sting osha's me from say michael moore. in his films he never has intelligence spokesman on the other side. he wants to make us like the only people on the other side are the foods. i think that not only on the liberal camp but even the radical camp you have an intelligent, passionate people, not like to bring them out and let them have their say. i told people like bill ayers, look, i'm not trying to catch you taking your dose or something like that. i want to do state your point of you as forceful as you can and then i'm going to have my turn in trying to rebut it. but you will have your say and i think i've been able to build up the trust to get those people to come on camera. >> why spend the first 20 pages or so on -- >> turns out is an influential person. i don't think was obvious at the time. at the time look like he was training some effective radical organizers like cesar chavez and others. it turns out he wasn't the strategic mastermind of what can be called the new scourge of modern progressivism of the democrati

is it really just a michael moore and fringe left position to say that george w.ould have paid more attention? >> well, i think jeb bush is trying to paint that. the fact was you had a deep, i mean, a serious level, a deep fissure inside republican circles. those that were realists and were concerned about america's place in the world, and the costs and benefits of various actions, like the potential invasion of iraq. there were many republican realists, very opposed to that action, worried that we'd go the wrong direction. and there were many neoconservatives that were pushing bush to take that action and to sort of own the middle east in a way that we never had before. and i think what jeb bush is doing is he is trying to paint those skeptics as fringe elements. and they simply aren't. they included people like brent scowcroft, his father's best friend, something that hasn't come up much in a media discussion. so there were a number of people that were all of the same ilk, having concern. not necessarily blaming president bush for the 9/11 attacks, but very skep

michael moore, thank you so much, on a busy day at bloomberg.ation the jamie dimon, look for that in the 9:00 hour. us for more on economics, finance, investment, and international relations. we will touch on syria later. this is "bloomberg surveillance." good morning. ♪ francine: this is "bloomberg surveillance." i'm francine lacqua in london. we are not seeing the lavish welcome that we are seeing -- we are not seeing the lavish welcome in london of president xi. he will have a 41 gun salute, lunch with the queen. tom: he is not competing with the pope, either. it was on to see the white house greet the pope and 24 hours later greet the leadership of china. it was clumsy all in all. one of our smartest legal minds at harvard -- this is one of a -- this is a copyright. we just saw the "star wars" piece. this goes to songs from 60 years ago. francine --and vonnie, let me go to you first. the idea of sampling old cuts, from 50 years ago, some people are saying you cannot do that. vonnie: the robin thicke court case -- this has to do with -- it do

angie: michael moore, thank you so much. out of new york this morning.ther headlines right now, lance created the world's largest brewing operation has hit a snag. sabmiller has rejected anheuser-busch's latest offer. the company chairman is said to be leading the fight against the $100 million takeover. he also chairs rio tinto and was responsible for rejecting the merger with glencore. president obama's landmark trade deal has taken a hit from a potential successor. hillary clinton opposes the tpp, saying the pact does not meet her standards. the president has launched a campaign to have the deal ratified, but clinton says it will not create jobs or raise wages in america. >> what i know about it, i am not in favor of what i have learned. there is another element that is important. trade agreements do not happen in a vacuum. in order for us to have a competitive economy, there are things to do at home that raise wages. confirmedkswagen has its new chairman as it faces question at home and abroad about emissions cheating. he will tell the german governm

like being johnmalvich, kauffman will be on the carpet tonight and also tonight is filmmaker, michael moore, that should be a lot of fun. >> and in between -- >> you can see the best cinema from everywhere. >> we have a whole section of films called greater film adelephia, films that are shot or take place here or films by film makers from here. he was here and went to german town academy and the one with richard gere that shot here last year called the ben factor and the one about the fishtown beer runners club. and a doc on george perrier. >> and fun big events to bring film lovers together. >> we are doing a sleep over for wes craven and gymy kennedy is coming to talk about scream. we are really stuffing them in. >> and they have big oscar contenders and foreign films and all genres, 6 abc is a proud sponsor of the philadelphia film festival and we have all the information on our website at 6abc.com. >> thanks. >>> students at one south jersey school had a chance to grab all the reading books that they could handle today. the fourth annual bag of books were held at leap academy charter s

on the national review's website comparing trump's criticisms to those of left wing film maker michael moore piece. donald trump simply doesn't know what he's talking about. and his bluster overcompensates for shocking lack of knowledge on the complex national security challenges that will confront the next president of the united states. i have someone joining me who lost her first born around the towers that day. thank you so much for coming down and seeing you again. you have been on the show before. looking at your son here, can we begin with him. he was coming in on the train into the city. he saw the towers burning. >> the burning towers, yes. >> he went where? he. >> he went downtown toward the tower. he would respond to people in trouble. he was a cad et of the nypd so he changed his route. he went toward the towers and gave. the ultimate sacrifice. >> because this day affects you and your family so profoundly, i imagine it resinates when you also hear this back and forth with regard to these politicians of donald trump and jeb bush. you believe there is a seed of truth in what trump

betty: i want to bring in michael moore for more on this interview.some ways, this is a moot point to talk about with jamie dimon because these legal costs are getting behind them. what more do they have to fight? >> i think it is setting the debate for if there is more on the tail end, whether it is the fx investigation or the libor. you are right. the crux of the mortgage is done. betty: the settlements are done. >> j.p. morgan was early on that front. they were 2013 where as most banks were last year and this year. they have gotten most of it out of the way. i think he is still trying to set the debate for if there are more. betty: is there any sense there could be more? >> i think banks have a new normal in terms of higher quarter to quarter litigation costs. j.p. morgan still had about $2 billion of legal reserves. expectingalysts are an elevated level of quarter to quarter legal reserves, even if there is not a huge settlement like a couple of years ago. betty: jamie also said he does not pay attention -- that quarterly earnings are useless esse

. >> they thought it would be a michael moore film, go in there and sting them. >> it was to the degree he likes to eat steak. >> if they wanted to save chicken, no one mentioned chicken. >> absolutely. if you want to be a chicken, they talk about chicken sactuaries and that is a steak house. if you are a chicken safest place to be is a steak house. there is no doubt about that. would this convince you at all? >> i do like to eat meat which i am lazy and poor. there is an elitism to the diet that has to be addressed. and the idea that the meat is violent is very, very confusing. violence tastes amazing of the. >> it does. >> i had no idea. >> it is delicious and you think that -- there are only so many things you can do in a day if you are an animal rights activist. they are wasting a lot of energy on this steak thing when they can help the homeless animals. >> they can't help the homeless or the homeless animals. they are too busy cuddling and hugging mercy who is adorable. >> you know the real issue that we should be talking about is nuts. what's killing california? nuts. >> i was doi

why would you pick this argument, because this is a michael moore leftist "i hate everything republicany would you take this? >> actually i didn't take this argument. i'm not blaming anybody. i don't like to go back and blame. i like to look to the future. i'm not blaming anybody. the only thing i said, well, you know, he said we were safe. well the fact is, we had the worst attack in the history of our country during his reign. jeb said we were safe during his reign, that wasn't true and the only thing i pointed out. i'm not blaming anybody and i'm not blaming george bush although if you look at his three primary agencies they hated each other, they weren't talking. it wasn't they weren't talking about any mistake, they hated each other and a good leader would make sure they get along and talk and lots of other things happen. with all of that being said, i'm not blaming anybody, but the statement was made that, during, at the debate, "during my brother's reign" essentially, "during my brother's reign we were safe." well, we weren't safe because the world trade center came down and 3,00

studio by here in michael moore and brian charles who covers bank of america. thank you both for sticking around. let me ask you, about what he said at the top of the show. what we're seeing is the core earnings power is always there, starting at the beginning of his tenure. >> i believe him when he says it was always there and it was covered by so much noise and for a little while after the merrill lynch acquisition that was hard to detect. -- been a growing part of the story. it is now starting to manifest itself. i think there is a potential for growth but it would like to see how the bank will manage an interest rate environment if the rates stay low. they talk about the interesting drive. if they do not rise, he mentioned that margins and earnings should drive -- drive up. i wonder to what extent he is expecting rates to rise. portfolio, loan portfolio, i wonder how he will manage different rate environments. few talk about how you would hope to hear more about stress tests and capital ratios. did he say anything newsworthy to you? >> not really on that as

like an activists like michael moore. that's complete historical revictim of. stopped 1900 men stopped box cutters and world trade center. losing argument for trump. if you want to have an argument about what could have been done to roll up al qaeda overseas that still wouldn't have stopped these guys that are already here. that's been one criticism. if you want to talk about that you have got to talk about also the person who is president for eight years before that not the president for 8 months when 9/11 happened, bill clinton. >> jackie? >> one way he is winning is everybody is talking about this. rand paul responding to this on another show. is he managing to get under jeb bush's skin again which he has been very good at doing and making him look frustrated and making him look agitated. that's something he has been very successful at. >> why can't governor bush roll that one back. >> what do you mean? >> in the sense when he responds to donald trump he seems on the defense. he doesn't seem on the offense. why can't he push him so hard that he seems like is

i trust her with national security like i would trust michael moore with my dessert. she has no business being in the oval office. she has no business being in any kind of control. what she did to this country was dangerous. and the fact that they paint accountability as somehow an attack? does that mean can you never investigate anything. why investigate anything? >> we can't investigate her because it's a witchhunt. >> and will she pardon all of these individuals like thomas who were prosecuted for it? >> thomas was not secretary of state. >> does she, do you think she actually has credibility with people in the national security industry? >> i don't think that's up to them. that's like us challenging -- >> she wants to be commander-in-chief. >> that's up to the voters. go right ahead. >> do you think she has credibility with them. >> you're taking the democrat attitude that republicans are so anxious to take her down. >> don't fall for this, republicans. this is the whole thing of like democrats, basically saying that i'm trying to help the democrats? no. the democ

they try to -- ceo michael moore says even that pales in comparison to the third generation of industryy which will connect planes entirely to the internet as the internet of all things from nose to tail. >> there is a lot of work to do to connect all planes because once you start down that path, you are going to want every single plane connected, all aircraft types. you'll want it everywhere on the globe, and you'll expect phenomenal reliability. you'll have to interpace with all kinds of different things. it's not just going to be smartphones and tablets. all of a sudden it's going to be avionics in the cockpit or sensors on the engine. we're going to be busy for a really, really long time getting a smart platform sow can connect everything and have universal availability of our service. give me an idea of the mountain that that is to climb there, and whatsoever time period will get that over? >> it's starting today, and there's no doubt interests interest all around the globe by airlines and we're doing things like processing payments for flight attendants when you buy stuff real-tim

a new york republican say on friday that this looked like a michael moore talking point. that's not something you want to hear if you are donald trump trying to apea to the republican base, a liberal critic of george bush. he has had some problems on the campaign trail appealing to republicans when he has had some pretty liberal positions in the past. >> it was a big applause line when jeb bush said his brother kept america safe during the debate. we'll see how it is received over the next 24 hours. chris frates, thanks so much. >>> look at that scaffolding just crumbling in houston. construction workers are recovering this morning after this collapse. also, nearly two years after a deadly typhoon in the philippines is bracing for another monster storm. what the country can expect. i don't want to live with the uncertainties of hep c. or wonder... ...whether i should seek treatment. i am ready. because today there's harvoni. a revolutionary treatment for the most common type of chronic hepatitis c. harvoni is proven to cure up to 99% of patients... ...who've had no prior

. >> why would you pick this argument because this is a michael moore leftist, i hate everything republican argument. why would you take in? >> i didn't take this argument. i'm not blaming anybody. i don't like to go back and blame. i like to look to the future. i'm not blaming anybody. the only thing i said, well, he said we were safe. the fact is we had the worst attack in the history of our country during his reign. >> post 9/11, many americans would say president george w. bush did everything in his power and did keep us safe, free from another attack. would you not deny that, would you? >> we attacked a different country which i think was the wrong country. >> sometimes reporters talk like mooneys. the question was, was jeb bush right to say he kept us safe? if you look at the statement over the eight years of his presidency, you can't say that's accurate. they don't answer the question. no one would doubt it after that. why do they keep rephrasing the question? >> who do we blame for pearl harbor? >> there was tremendous investigation. paul, young man, there were tremendous conspiracy

you know, a new york congressman made this point saying, trump's argument sounded a lot like a michael moorent. more, of course, is a liberal and very outspoken critic of george w. bush. so that's not the kind of criticism trump wants in a republican primary. especially as opponents like jeb bush try to point him as a new york city liberal, and not some sort of rock-ribbed skr ebed conservative. >> jeb bush will join cnn's jake tapper live tomorrow morning on "state of the union." that is 9:00 a.m. and noon eastern, right here on cnn. and we turn to the latest on two-time nba champion, lamar odom. he is showing signs of improving in a nevada hospital. sources say he regained consciousness friday and was able to say hello to his estranged wife, khloe kardashian. it is the most promising update since the former lakers' player was found unresponsive in a brothel. cnn's paul vercammen has the latest. >> well, poppy, in drips and drabs, more information surfacing that lamar odom's condition is improving and he was able to utter some short words. one source telling cnn that he said "hi" to his est

slamming trump for his lack of foreign policy knowledge and "that trump echoes the attacks of michael moore and the fringe left against my brother as yet another example of his dangerous views on national security issues." last night bush advanced the notion that his brother's presidency or at least the part that counts began on september 12th, 2001. >> his view of history is just wrong. the simple fact is that when we were attacked my brother created an environment where for 20,600 days we were safe. no one attacked us again. and just a tip of the hat to that and moving on to what the threats are today is what we ought to be focused on. >> he may have undercut his own argument with this next line how trump sees vladimir putin's moves in the middle east. >> you can't expect the soviet union whose only objective is to prop up its client state assad to take out isis. that's not their intention. and this lack of understanding of how the world works is what the problem is. >> you did hear that, right? jeb bush referred to the soviet union while blasting donald trump's understanding of world aff

. >> red carpet screening of where to invade next with director michael moore.etails on all the films. it wraps on sunday on 6abc.com and we're abroad sponsors of the festivally. >> pretty good screen face. >>> a warning about a dangerous phenomenon playing out in kitsch cleanse across the country. here's nydia han way preview. >> i couldn't believe what i saw. >> the whole front of the oven exploded out. >> reporter: consumers in the tri-state area and across the country are reporting their ovens are exploding. >> it's a safety issue. >> reporter: we investigate tonight on hack a channel6 "actn news" at 11:00. >> time for your accuweather forecast. >> adam joseph is back and of course a lot hang this weekend. >> it's a big weekend and the good thing is we don't have any major weather to speak of. a few clouds here and there. a little on the cool side but that's about it. as we take a look at drone six flying high above over fairmount park taking a look at some of the fall foliage that is peaking across the area. we still see a little mixing there of some green

he compared him to the liberal filmmaker michael moore and said that trump's campaign is a reality tvhow. unfortunately for bush, it's one gop voters show no sign of turning off. >> reporter: it may be a crowded republican presidential field, but only two men are firmly on top, donald trump and ben carson. a combined two-thirds of gop voters now say trump and carson are the first and second choice, according to cnn/orc's new poll. we've hit a chord, we're both resonating, no question about it. >> reporter: it's not just that trump and carson have support. it's just that supporters are excited about them, which makes them more likely to go out and vote. 30% of trump supporters are enthusiastic. 25% of carson's. by contrast, 3% of jeb bush voters are enthusiastic about him. as he steps up criticism of trump as commander in chief. >> we need to be much more forceful, here to protect the homeland, as well as overseas to create a strategy to unite the world against this grave threat. i don't believe donald trump has capability of doing that. >> reporter: trump is sending some mixed signals

because this is a michael moore leftist i hate everything republican argument. why would you take this? >> again, to be clear, trump's only argument was about who was president on 9/11, 2001, which is not really something open to debate as far as i understand it. but then he was asked about bush response after 9/11. he brought up what may be an even sorer subject for republicans, the iraq war. >> post 9/11 many people, many americans would say that president george w. bush did everything in his power and did indeed keep us safe free from another attack. you would not deny that, would you? >> well, we attacked a different country which i think was the wrong country. i think attacking iraq -- >> but it did keep us safe here at home. >> i think that was a huge mistake. >> did he keep us safe at home? >> well, we haven't had a major problem at home. i agree with that. i never disagreed with that. but we attacked a country. we spent $2 trillion attacking a country. and you know what we have for it right now? zero. >> we could have had a lot more -- >> having said tha

congressman pete king kind of made this argument, saying that trump's comment sounded more like a michael moore talking point, being the very liberal, outspoken critic of george bush. that's not the kind of critics he want, especially as jeb bush tries to point hip as a new york city liberal, not a rock-ribbed conservative. >> we'll see what we hear from this as we move forward on this. chris frates, thank you very much. political pundits debate it, next. get your favorite team's bud light can for game day. ♪ you're down with crestor. yes! when diet and exercise aren't enough, adding crestor lowers bad cholesterol up to 55%. crestor is not for people with liver disease, or women who are nursing, pregnant, or may become pregnant. tell your doctor all medicines you take. call your doctor if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine, or yellowing of skin or eyes. these could be signs of serious side effects. i'm down with crestor! make your move. ask your doctor about crestor. >>> donald trump and jeb bush feuding on twitter. trump

they say he's pedaling michael moore conspiracy theories.es there were intelligent failures for a decade before. you can put it on bill clinton. but there's no denying as donald trump found this weakness that george wish was the one in office when 9/11 happened and that people see that and hear that, they respond to it. again it brings jeb bush back to a time where he doesn't want to be. he would love to get out from his name and his brother. >> a democrat would make this argument ten years ago. donald trump is winning saying this. >> i didn't articulate myself very clearly. what makes this doubly difficult for jeb bush is it's tea party types, rand paul types, ted crews types, from my wing of the party types on foreign policy. the very people that do not want to vote for a bush, that this message appeals to which is sort of the anti-neo-con. >> i think there was a glib assessment by a lot of people who said jeb bush's last name, his association with his brother, the whole thing, that would be a problem for him if he got to a general electio

but what we do have is michael moore, head of the u.s.ivision, he was made aware in the spring of 2014 of a possible emissions noncompliance issue. here is what he will tell lawmakers j. testimony came less than. he said later in 2014, i was informed that the technical teams had a specific plan for remedies to bring the vehicles into compliance and they were engaged with the agencies about the process. the spokesman said later in the afternoon yesterday that he did not know that the device was installed on the volkswagen diesel engine. the software -- that is the thing that is in question. just as importantly today, we will also hear from the epa. and they are going to indicate that the potential finds that volkswagen could face want to be directly proportional to the kind of economic benefit that they gained by selling these engine. they will say that the agency attends to assess the economic benefit of noncompliance and pursue appropriate penalties. they are inspected look at how much economic and environmental damage there was, as well

. >> donald trump is sounding like a left wing michael moore wacko. >> oscar pistorius is at home under house arrest less than a year after shooting his girlfriend. >> one neighborhood in los angeles county was completely underwater. >> the canadian people ousting conservative prime minister steven harper and electing jerry trudeau. >> right after the star wars trailer debuted. >> all that. >> the but ylue jays win tonigh. >> they had three home runs. >> seven turnovers, hardly a work of art, but who cares? >> all of that matters. >> charlie rose the 2015 recipient of the walter cronkite award for professional journalism. >> i get to work with the best people in my profession. >> on "cbs this morning." >> we asked kids in new york what they think about loss angelenos. >> who is better, the mets or the dodgers? >> announcer: this morning's "eye opener" is presented by toyota. let's go places. >>> welcome to "cbs this morning." an urgent investigation is underway to find a hacker who broke into the personal e-mail accounts of two of the nation's top national security officials. sources co

michael moore told lawmakers at the white house yesterday. hans nichols has more in berlin.hat else did he have to say on capitol hill? hans: he was not at the white house, unless there was a big change. anna.d sorry, he said sorry a lot. he seemed just as angry at his own company as some as the lawmakers that were grilling them. and what we have here, we have a company that says he will not be a book to have an easy solution, an easy fix. it will have to actually do some sort of technical hardware, some new engineering. here is how he told it to the lawmakers. michael: around 430,000 cars are the generation one. with the very which was a very early vehicles, and we believe the software only solution will not be possible. logic, to be frank with we would've done it in the first place. hans: i know better than to question your technical knowledge, your expertise of diesel engines. here is a shorthand i use, though. the bigger engines, the two leaders, maybe it was a have a software fix. for the smaller engines, you're going to have to totally rebuild or actually add something

d he understands that and the voters understand that and, you know, to compare me to michael moore is a first. that one hasn't happened before. >> his brother, george w. bush is out there, reports at his fund-raiser struck out at ted cruz for opportunistically embracing you says he doesn't like the guy. is that whatat ted cruis doing, embracing you for an opportunity? >> ted's been very nice. he's been amazingly respectful. he agrees with most of my positions, if not all my potions and, you know, we had a very good relationship, so i don't know if you call that embracing. he respects what i'm saying. i think that's nice. >> you think he could una challenge to you. >> i don't know. i mean i really don't know. i'm just going to put my head -- you know, i've won many times in my life. that's what i like to do is win and that's why the voters see me as somebody that can turn our country around. our country is in serious trtrouble. we lose all the time. whether it's isis or whether it's 19 trillion in debt, you know, we're losing all the time, whether it's t trade dea, no matter what it is

michael moore is here. deepak narula is still with us. what are you making of this? p morgan, bank of america, wells fargo, goldman sachs and citi. michael: it is a tough quarter and it was about cost cuts p you have interest rates hike push you have a tough trading environment and what can you control? you can control costs. the ones that i've cut costs have been rewarded. things for this conversation. the first is who is the most frugal bank ceo on wall street? would you believe -- we will find out on monday. michael: i bet it is brian moynihan. erik: mike corbett is running -- lowest efficiency radio mike corbat, ceo of citi, is running the lowest efficiency ratio. wells fargo has always run, and their numbers are good, but citi's are better. i had to ask brian moynihan when i was in charlotte yesterday about cost-cutting at bank of america and here's what he had to say. n: headcount will 60% down because we are people costs. the question is how do you do that. for a while we had to do that quickly because the las costs were coming down fast and we had 58,000 peopl

let's bring michael moore here to discuss this. we said this two days ago., it is like the legend and legacy completely vanished. fixed income, this is the business he built. he hired. he over hired. the bank be? classic german focused european bank. they will still be decently sized fixed income. but you know, if they lose people from this, they might not be the top player they always were. stephanie: if you cannot pay, there is no way to remain in your position. i think john is taking a .age from james gorman when we were talking to james gorman about the complaints he was fielding from employees at bonusestanley, that the were being cut because it was in turnaround mode, he said if you do not like it, they could leave. they do not have very many places to go. over the past year, wall street has slashed $20,000 -- 20,000 jobs. stanley a little bit. the hedge funds have hired the people they want. stephanie: we heard this out of morgan stanley. we said he -- he said he was leaning out. he did not retreat entirely. he kept a hand in credit and that got cut o

donald trump sounds much more like michael moore, circa 2004 than anything we heard within a republican primary on the topic of george w. bush. there's a reason why you were saying ben carson and mike huckabee are separating themselves. it's an unclear question. a lot of republicans don't like the aftermath of what happened with 9/11 with. they don't like the extended fight in the middle east. you saw trump kind of turn it toward that. trump dealt an initial blow and tried to clean it up. you are going to see him play toward the idea of george w. bush having some play. >> he's saying because of my tough immigration policy, where i wouldn't be letting people in, i would haveeen able to prevent 9/11. let's hear him make that case. >> i am extremely, extremely tough on illegal immigration. i'm extremely tough on people coming into this country. i believe that if i were running things, i doubt those families would have -- i doubt those people would have been in the country. so there's a good chance that those people would not have been in our country. with that being said, i'm not blaming g

. >> caller: tom it is almost been 30 years since michael moore made his documentary, roger and me. he went on went on to make from combo up on trying column fine and he said it's not about gun control is about our miserly social safety net, most other countries have more generous social safety nets. it just seems that we have witnessed this slow motion train wreck with the destruction of the middle class. the cheaters are prospering, no one has been punished and sent to jail for the wall street takedown of the economy. the same can be said of the invasion of the activation of iraq. richard wolff's regular guest on your show, he makes the point that americans no longer have any leverage against the crop bureaucracy. were not needed as consumers as new markets are opened up overseas, could you please talk about the taft-hartley act and how americans have no leverage to fight back against wall street, go bernie. guest: taft-hartley, backup up a little bit prior to 1935 unions did not have federal protection, so if you are unionizing in a company that hired other strike buster groups y