about what's going to happen in the future not to mention the fact there's this lawsuit with sheri redstone and her national amusements which controls a majority of the voting shares of cbs. >> larry, just to wrap things off, were you making the point earlier les moonves has already done his amazing work for the past decade now the story is quite simple so whether he stays or goes is irrelevant to the stock price. >> this is not a stock you're buying to because they're making deals. there's probably 20 executives who could run the business but a couple of decades ago there was a similar situation with a guy named fred silverman, and he was replace asked the network lived happily ever after. partly anyone is replaceable these are $3 billion companies, and it's more than a one-man show >> we'll leave it there. thank you. >>> casino stocks getting crushed today. mgm the latest to report a mess on earnings. up next we'll discuss whether investors are no longer betting on vegas >>> after the bell we'll get earnings from shake shack, act vision, and go pro >>> casino stocks are mixed today after

the allegations of sexual misconduct or the legal battle with controlling shareholder sheri redstone and her national amusements everybody steering clear after the chief said in light of pending litigation the questions would be limited to quarterly results, and that council could be the two newly named law firms leading the investigation into sexual misconduct against les moonves. and nancy kesenbom will lead the probe. writing, quote, we admit while we have no clue as to what will happen here we do know that cbs stock at this point in time is simply uninvestable. gugen hiem with a birating siing, quote, we understand the uncertainty surrounding the situation and the importance of leadership for the company we'll see what the investigation yields back over to you >> julia, thank you. earlier this week the times up organization tweeting six women have courageously shared their stories and accused ceo les moonves of sexual harassment and assault. we believe you, we are with you. cbs, we are watching we expect a full transparent and expedient investigation now. #times up. joining us no

allegations sexual misconduct what about secession plan no one brought it up the legal battle sheri redstoneajoring stakeholder no questions companies famous like this having friendly naltsdz on call they go to they don't go to the ones that make tough calls the question the whole system is it corrupt? >> should undermine the confidence investors have in analysts for analysts that are constantly trying to prove their about credibility this is a very, very negative way to approach it they should have never complied with that should have asked hard questions they are not defending shareholders that count on them causes these questions need to be answered in the case -- >> they have become a member of a public relations department to company covering that is the problem. >> you choose analysts who ask questions usually top seven or eight that get questions on conference calls. if you have an analyst too hard on a company. >> they don't get asked. they are not let in the door a big, big problem should have forced their way into the door asked questions because people are counting on the truth, d