i always have. >> rose: george soros and the relationship the two of you had. you were there, turn guy when the great decision based on the devaluation of the pound happened. you bet right. >> yes. >> rose: and you bet a lot. >> yes. >> rose: and you made a billion dollars plus. in one day. >> something like that, yes. >> rose: something like that. you know precisely. >> okay. true. >> rose: so who has -- who has -- i'll use the polite term. who has the -- who's the bigger nerd? you or george? >> oh, i'd say george -- >> rose: who has more ice water? >> george has more ice water than i do. i'd say if you look at our records, they're very comparable. when he ran quantum and i ran quantum they're almost within decimal points and i'd say george made more spectacular events and my record was a little more -- the vets were more consistent but the results were the same. >> rose: do you agree with him in that if you see an opportunity just go all in? >> oh, yeah, if there's one thing i learned from george and what made me a better money manager because of george it's

i love the objectivity of that. >> george soros. the relationship you two had, you were there. you are the guy when the great decision based in the devaluation of the pound happened. >> yes. >> you bet right. and you bet a lot. >> yes. >> and you made $1 billion in one day. >> something like that. >> you know precisely. >> true. >> to use a polite term, who is the bigger nerd? you or george? >> i would say george has more ice water than i do. i would say, if you looked at our records, they are very comparable. when he ran quantum and iran quantum, they are almost within decimal points. i would say george made more spectacular bets and my record was a little more -- the bets were more consistent with the results were pretty much of the same. >> do you agree with him? if you see an opportunity, go all in? >> if there is one thing i learned from george and what made me a shirt money manager because george is exactly that, it is not whether you are right or wrong, it is how much money you make when you are right and how much you lose when you are wrong. >> and how confident you are

and you would think that the only people in politics were the koch brothers and george soros.he most wicked things are sent back and forth and the most incredible suspensions about those that the koch brothers are taking down the country and so is george soros. >> look, part of that is people trying to encourage their respected bases to send contributions and be politically active and to be involved. look, there is a big difference between some political operative at some political group or political action committee or campaign doing it and the president of the united states doing it and president obama had it right in 2008. when he said that he wanted to be the president, not a red states or blue states but the united states. particularly in the second term a president has the opportunity to rise above partisanship. they are not running for re-election. their name will never be on the ballot again. that's the moment where they can really bring people together. we have seen since this president won re-election that this attitude that he had this first term of i won, you know,

of the alps is a long way to come for the rich and powerful, but you'll run into billionaire george soros; eric schmidt, the guy who runs google; nobel prize winners; captains of industry; kings; and even a queen. >> lot of the work is done just sitting in the cafeteria in the congress hall and just seeing people pass by and discussing things. >> the queen hangs out in the cafeteria? >> i enjoy hanging out in the cafeteria. i'm gonna do it this afternoon, actually. it's fun. >> welcome to 60 minutes on cnbc. i'm steve kroft. in this episode, we'll look at the yin and yang of international investment. first, a 2008 report on an american company in serious trouble in colombia, a country that was just beginning to emerge from the throes of civil war and narcoterrorism. chiquita brands international, of cincinnati, ohio, made millions growing bananas there, only to emerge with its reputation splattered in blood after acknowledging that it had paid nearly $2 million in protection money to a murderous paramilitary group that has killed or massacred thousands of people. when we first reported th

so you have carl icahn and george soros cheering while ackman is not too happy, i'm sure.t's move on to vitamins gnc holdings, probably should take a close eye on pfizer as well, and this is all on research here by the analysts' research findings of internal medicine. talk about vitamins and you know what? they say? you know what? vitamins are not worth it. as a matter of fact, not only do they not benefit you, but also they can be harmful according to this study. they said it does nothing to show that it slows your cognitive memory at all in addition to the fact other things -- it doesn't prevent heart attacks or cancer or chest pains or even prevent you from going to the hospital. so a whole study says forget spending your money on vitamins. back to you. liz: thank you very much. i know, i looked at my red rice yeast and wondered, should i take it? >> reporter: i don't know, did you take it? liz: yes. [laughter] okay, thank you, nicole. looks like there is a new sky high power player in the aviation business. listen, this was a big surprise. they kept it very quiet, but

george soros, bull on this one versus bill ackman who's been very bearish and called the whole companythe meantime, stock's been up about 127% this year, so you know ackman's been a loser on this one, but now you have that carl icahn's making some big comments right now across the board on the wires and the like saying he's never doubted herbalife. the company is undervalued, he's a big fan of buybacks from the companies that are cheap, so he is still -- and he even gave a jab to ackman saying ackman on herbalife is often wrong, never a doubt. so there's a lot going on -- liz: nicole, let me just jump in here, this had absolutely nothing to do with this one up manship between icahn and ackman. this had to do with something that happened way back in april where, of course, the pricewaterhousecoopers auditor, i believe, scott london, remember this guy if he was taking envelopes of cash from jewelers in los angeles, getting passed all kinds of information because he had been the auditor of herbalife, and in essence, they had to redo all of the audits his fingers had touched because he was

that tax exempt or otherwise publicly subsidized organizations like the fordorg s foundation, george soros open on society foundation's, and the new israel fund are working to block peace and reconciliation between jews and palestinians it israel. this is about one hour and 20 minutes. >> so i am edwin black and thisa is myck second appearance in th ubst two years.on the s on the subject of human rights. i will begin this briefing briefn the same way that i began my last briefing for congress, for representative trent franks on the subject of eugenics in the united states. that is that i come here not as a republican or democrat or liberal or conservative, but as an historian and investigative reporter who is concerned primarily with human rights. i make no political distinctions in fact, it is because i make no political distinctions in because i have combated within a political point of view, that the reason for my presence here is so apropos. it has been a long journey for me to get to this room. really, it is the culmination of almost half-century of hum almost a half-century of human

the star of the theater so i would serve the few moments ago now we have to distinguish between is soros a rhetorical position and its actual position israel wouldn't be investing billions and billions of dollars into building this wall if it wanted terror authority beyond the wall if i go back to our lines of you know i mean i think if i had a hard time doing it's not days go ahead go ahead go ahead i'm sorry if it's if it's not just the the wall and the west bank and gaza they're in seven down now. because. they're. drilling gas. also gas and oil. is on a big journey. one hundred twenty three days. through to. relate. to people who are sitting. in a record setting trip. air. a little torch relay. m r. c international shops restaurants with a target for the latest wave of car bombings across the iraqi capital baghdad and the blasts in predominantly shia areas took at least thirty nine lives and injured well over one hundred at this stage carrying out the attacks and a peace activist. he believes sectarian violence is a result of iraqis losing a sense of citizenship after the u.s. led in

plenty of groups on the left there's groups funded by the progressive state network funded by george soros that. does this that proposes model legislation what they do is they put it on an open list serv and say here's what we think they don't say vote for this don't vote for this they say here's what we think here's what we think about this issue this is a model was that ideas drawn up on the on the no and in fact alice the left you know sister to alec. does the same thing as well so this is a total misnomer that there's only conservative groups or alec is the only one well alex alex requires their members to actually swear allegiance to them just like. the oath was released last week in these papers and this is a note that conservatism or is an overdose of the actual word of alan to al loyalty to al and you guys don't know where you take sort of questions about people's loyalties but i think the reality is if you have to look at individual proposals you have to look at whether they're good proposals whether they come from alec or ellis or be here to form logon to your heritage board or a

different sets of retaining his seat and tedious world's most endangered cds been blessed with a wide soros in force today friday column keep the top of expressing themselves on our own on twitter in the us and europe on the dayak tasks with the folks who come and vote against his party today he said. in backing onto her fortune favors the brave with the phrase and they needed to read and answer has weathered directors take your pick a color tv or fearful itself was copy of mentor that the boy everywhere. brian twenty seven year old man has appeared in court challenge to the merger of the man who was burnt to death in phoenix. last friday morning. a teenage girl remains in custody in connection with the debt karen moore and was brought by god the printing is called the station to the criminal courts of justice this morning to face a charge of murder. twenty seven year old who lives in company called incumbent street in dublin this question for twenty four hours over two days. but the murder of a mom when she rolled to the phoenix park here goes last friday morning gerrard only from south du

jon: this is the george soros started organization?e soros-funded organization. >> and the group was instrumental in sort of, incubator for a lot of ideas about this health care plan but one of the interesting things, he was talking about young people and talking about the balancing out inequality of wealth but of course, the thing that obamacare does is, it takes money from young people, healthy people, and give it to wealthy people who are older. that is, so he can talk about all he wants to but his law does the exact opposite. jon: so as ed henry pointed out, that harvard university poll showing 56% of americans, 18 to 29-year-olds would vote to recall this president right now. that is a pretty stunning figure. >> i think it will get worse, because a lot of people just sort of know about it, from on tv and things like that. they haven't really gotten into the nuts and bolts of it. jon: we'll continue to cover it reason as the president continues to tout it. charlie hirt, "washington times." >> thanks, jon. jenna: you talked about it

he has unlimited loss potential like carl>> small guys, icahn and george soros, saying -- wait a minute i will have to buy back the stock, so he is kind of inviting other long investors to put him into a short squeeze, which makes him very dangerous, but now there is a third level. >> you were kind enough to provide us with a chart so that we could play the home game. pretty big names here. >> you see what happens, when ackman first made the big announcement, the stock did in fact to drop dramatically. carl icahn said he was not so sure about this, he came in and the stock recovered, but later on as they looked at this and said that they could force the sky to sell by jumping in, this shows you how much risk there is in this tactic. that is important to understand. this new tactic, i think, could be fairly effective. herbalife is now going to the youstors and saying -- do see how dangerous the bet is that your client has made? a goodat sound like fiduciary bet to you? >> they are essentially targeting the consultants, basically with bigger pensions plans and other institutional investor

he is the quintessential washington insider, spearheading until just a couple of days ago george sorosn, the center for american progress, steeped in progress in politics which makes him right at home and the obama white house. my feeling is that as talented a manager as he is, he is not going to have much influence. he will be a bill daley kind of character, someone who is brought in ostensibly to try to out straighten things out. the inner circle remains the inner circle. that is it. lou: that is a very tight group. let me ask you this. is the fact that no one has been fired here because there is pleasure at their service or is it becse the optics don't permit it? layer and someone els who are being brought in for what is clearly a deerate white house. >> it is a good point. i do think adding t what i think is essentially an echo chamber for the obama administration is a good thing. they need fresh vision and voice. they do need to listen. the president can no longer afford to hear what he wants to, and i think that the numbers are finally resonating with him that it is time to make

there are rumors george soros was funding the 99% protests. it is a known fact that people with a lot of money like to influence politicians. does it matter where donations come from? guest: i like the sentiment behind the person's tweet. i, too, tire of the scrutiny of who is paying for what and where these donations come from. we focus on policies. we talked about policy solutions. i think it is important to look at what an organization advocates and not who their donors are. host: john on our line for democrats. caller: i am sure you tire about the scrutiny of the donor base. that is connected to our democracy. the donor base -- the billionaires that are backing you are overriding concerns of people i know. i do not know a lot of people who worry about overspending more than they're worried about redistricting, like here in ohio. it makes it totally unfair to get congress selected. the voter suppression is taking place and is real. it is not just a voter id issue. it truly is suppressing votes in this state. you support subsidizing oil comp

jon: george soros is born into communism, one of his supporters. george soros is a billionaire.arack obama and many on the left, this is not just him, a whole point of view developed by academics on the left many years have a static view of american society. the idea that nobody can move up through the income scales and people at the top stay there and never come down. it's a very dynamic country, jon, and i don't think barack obama sees it that way at all. jon: you point out he has been president for the last five years and has something to do with -- >> there is all these opinion polls out say people are down in the dumps about the lack of opportunity right now but that reflects the way people feel in his presidency. he has been president for five years. we've had a growth rate of about 2%. ronald reagan had a growth rate of about 7% for several years. and i think if people could they would go back to that right now. jon: daniel henninger from "the wall street journal." >> thanks, jon. jenna: horrifying crime. a young man slaughtered in broad daylight on the streets of a major

13f forms that these funds file with the s.e.c., trying to find what stocks investors like george soros icahn might be getting into or maybe getting sick of and a lot of people make the mistake of assuming they might be wrong if they happen to own any of the stocks that these big boys happen to be selling. what do people do when they read these? >> sell, sell, sell! >> they dump these stocks even though they've done an enormous amount of homework on them, based on the presumption that no matter what you know, these iconic money managers have to know more, right? the most closely followed trail is the one by the greatest investor of our time, warren buffett. this is a mug's game. you should never dump a stock you have conviction in simply because you found out some famous money manager is selling. >> sell, sell, sell! >> how do i know this? first of all, selling is not like buying. we have no idea why some hedge fund might be selling something. maybe the portfolio manager who specifically followed that stock has left the firm. maybe the stock is in a sector of the economy that's fallen o

he's not a strong candidate but that candidate is going to have money coming in from soros and everyonelse. mcconnell has got to repair those burned bridges. >> jimmy, it looks bad doing this. people are going to haul out with advertisements what he said about government shutdowns and republicans and defunding and the house of representatives. he insulted john boehner and now he's going to take -- he becomes the mike lee and ted cruz of this battle. is that what he really wants to be? >> i think what he really wants to be on the side is prosperity and he wants to cut spending and probably wants to lower taxes. >> before jesus was born, he's on the appropriation committee. >> he's got -- >> he's been watching larry. >> i'm going to defend his honor on this. i just don't understand this latest maneuver. it's going to pass. that's what hoeven said. you said it's going to pass. >> it's going to pass. >> i think what he's probably looking for is a better deal. i think he. >> they are going to vote on monday and tuesday. >> that is not going to happen. there's no way that's going to happen. >

. >> soros. >> bill steritz and soros, we think it is. already, as he said, restructured his investment there to ease some potential pain of a -- you know, a so-called short squeeze. >> that's what i was going to ask. he did convert -- it was a little less than half of that position from a pure short into a bet on out of the money options, de not? i've got to imagine that those, you know, assuming they were at a strike price well below where we're trading now, are almost worthless, vindicated not only by reaudited financials but the court ruling in favor of herbalife validating the company's profile, the way it does business, just in the last couple of days. >> right. there's already been a lot of pain felt by bill ackman in this particular trade. i don't know how many tens or hundreds of millions of dollars he is down on paper as a result of everything that's happened. because of the herbalife short and the fact the stock has rallied. now sits, as we were watching live, exploding up to $75 a share. i think most people really expected tha

soros, paulson got in it. plain sexy. google glasses and microsoft glasses, i had technologies.l over the place next year. >> simon, i think you have your beer goggles on. >> simon baker, stay in the uk and may attention to that market. >> wow. to vote for bakes tweet @simonbaker. let's talk about groupon. up 108% this year. you've made fun of some of the picks here saying that the ship has sailed. >> i just like -- >> why do you think this one keeps going. >> you save the best ideas last. groupon, some of the smartest hedge funds are buying groupon. it has no debt. $1.1 billion in cash. it's a turn around story. 2014 is when it will take off. barely scratched the surface. >> himx. >> a good joke about goggles. 2014 is about wearable googles. go to vegas and csc everybody is talking about googles. >> what are googles? >> google goggles. >> google glasses. >> this is the most important thing in i.t.. it's going take off. sexy little company. >> i want to go to the referee. help. >> wait approximately goggles. googles. identify been out with you before for giggles. you look better

i also want to make clear that although i do give some time investigating the george soros foundations and the new israel fund, the new israel fund was very, very help pull in all of my work and very transparent with me and hit just about nothing, which is why i was able to get just about everything. so, let's talk about what the new israel fund is doing. the new israel fund is getting charitable donations, but it's not a charity. the new israel fund is a social action entity. it is a political entity. they like to say, we are not about soup kitchens, were about social change. and they fund about 800 other ngos as nongovernmental organizations in israel. .. >> in a multitude to tell me that they believe that the new israel fund is committed to destabilizing the israel defense forces and erasing the jewish identity from the state of israel itself. i'll be specific. i'll give you just three names, but there are many more. the deputy knesset, the deputy speaker of the knesset went on record stating that the new israel fund is determined to destabilize the idf. i'm going to tell why he thi

george soros and here he is. may be the fiscal conditions become sound. our life will be terrible. there is no exit. that is borrowing words again. he wants to end deflation. it is extreme. we were told deflation. >> how viable is that? anit is going to have to see extension. if you talk about the wages, it is probably the most important component they need to get on board. it is going to be really hard convincing the rest of the corporations that they should consider the projections. there's a economics theory of what inflation will produce. deflation is ending. biggest rise in winter bonuses. that is a big boost. these will start flowing to japanese consumers who absolutely are dependent. >> they're trying to wire this before the tax comes in. >> the fourth quarter is always usually good anyways. is an eight percent tax. >> we're going to get that breaking news out of japan in 40 minutes. you're going to take care of that for us. we will see that supports the bigger story you have been reporting. >> we will see if this continues to support and left. >> he can hear challenges from

two guys probably like that news -- george soros and john paulson taking stakes in the company.you look at these online sales numbers, they have certainly been strong. one would think that is good news for fedex. is it carrying into more shipping if people are buying online? >> it does seem to be. the trend we have seen recently generally in schippers is that people are buying more stuff online and that means they are more.g things shipped but customers are tending to opt for the cheaper option. in other words, they don't want to pay a premium to get it overnight. they're willing to ship it ground, payless and it takes a little longer. the company is not going to see as much profit necessarily even though there's a surge in online shopping area the plus sizes as the economy heats up even more, potentially there's an upside as people start opting in for more expensive premium options. >> you wonder how much has been priced in. with this stock doing as well as it has done, everybody anticipating this economic recovery. you look at the gdp growth and the trend down in the unemploym

argues that tax exempt or otherwise publicly subsidized organizations like the ford foundation, george sorosen society foundation for the new israel fund are working to block eastern reconciliation between jewish and palestinians in israel. this is about an hour and 20 minutes. >> so i am edwin black and this is the second appearance in congress in the last two years on the subject of human rights. i will begin this briefing in the same way that i began my last briefing for congress, for representative trent franks on the subject of eugenics in the united states. that is that i come here not as a republican or democrat or liberal or conservative, but as an historian and investigative reporter who is concerned primarily with human rights. i make no political distinctions in fact, it is because i make no political distinctions in because i have combated within a political point of view, that the reason for my presence here is so apropos. it has been a long journey for me to get to this

also want to make clear that although i do give -- i am in the spend time investigating that george sorosoundation and the new israel fund, the new israel fund was very, very helpful and all my work. very transparent. paid just about nothing which is why i was able to get just about everything. so let's talk about what the new israel fund is doing. the new israel fund is giving charitable donations but it is not a charity. it is a social action entity, a political entity. they like to say we're not about soup kitchens but social change. and they find about 800 other ngos non-governmental organizations in israel. in many of those organizations have been doing very important work uplifting impoverished families existing battered women looking for ethnic equality in a country that so many ethnic a coming together to pull the cloth. so there is lot that they are during that is very good which is important to recognize. the people who i have investigated a trying hard to achieve their goal. but just as the people running the eugenics program in the united states thought that the best way to ac

george soros might be '80. he has a public relations problem.wledging it and likely to take a less public, less public fight here. he will continue behind the scenes obviously. he has plenty of lobby its. working with lawmakers to try to get the ftc to basically kill the company. adam: draw the figure on the line for him? it's huge. >> he said 500. has to be more than 500. he said that the stock, before the stock's latest rally. i talk to people, that know carl icahn just look at numbers. whether there is a pyramid scheme or not, in the short term, the stock could go to $100 a share. adam: you talked last week potential to take it private. >> lbo. the cereal dude, owns one of the big cereal companies but a good investor is talking to people. from what we understand he has yet to call us at the fox business network back. we understand he is talking to people about potentially buying the company. he likes the company. whether he does or not i can't tell you. i know he is clearly is indicating he would like to own the thing. he owns a big stake. he

. >> now, icahn and other high profile investors such as george soros are on the opposite side of the. the hedge fund manager has publicly accused the company of being a pyramid scheme herbalife has denied the statements. ackman says it's not the role of herbalife's auditor to determine if the company is a pyramid scream. that determination is depends on whether distributors earn more from recruiting new did it attributers than from retail sales to consumers who are not distribut distributeders. herbalife is a pyramid scheme that would be shut down by regulators. ackman has lost a substantial sum on his herbalife short. last month, he said his firm lost between $400 million to $500 million. >> thanks very much indeed for that. have a good day there stateside. >>> meanwhile, facebook is going to start selling video ads this week. "the wall street journal" reports starting thursday, they will start to on sell these regardless on whether people click on them. the ads will show up on the web and on smartphones. one of the big ads will be a teaser trailer for divergent. it could help try a

in particular, please take a look at msnbc reporter at am sor soros' fantastic piece.aid no. >>> up next, president obama echo askey message of nelson mandela's. is inequality in america the ke death fining issue of our time? [ male announcer ] here's a question for you: if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain reli

but then, there's herbalife, which you had a number of people -- whether it's carl icahn or george sorostz appears on the radar of a large number of hedge fund guys as a stock that holds some value that needs to be unlocked and they believe that that will happen in the months and, you know, years ahead. >> yeah. that push of 28 is an all-time high for htz, of course, highs of the days on strong volume. scott, thanks for your reporting today. scott wapner back at hq. >>> if you're in the market for a new car, you should hurry down to the dealership, because today is the day you're most likely to get a good deal. we will tell you why in a moment. >>> but first, rick santelli is watching year-end action. rick? >> absolutely. and according to reuters, hot off the presses, the euro will be the best performing major currency of the year. we know the worst performing major currency of the year was the yen against just about everything. but we have mark grant at the bottom of the hour to talk about foreign exchange europe, and anything he sees in his crystal ball for 2014. bottom of the hour. ♪

. >> as did soros. and once you had all of these heavyweights, it became almost insurmountable adds for a guy like ackman whose case was predicated on only one thing. and that was not whether earnings were going to fall, not whether they were going to sell fewer shakes or whatever they do, it was that the government was going to come in and shut the thing down. >> well, do you think he felt -- i mean, one of the things we've all gotten very cynical about government. we know if you're a certain industry, you go in and buy a lot of congressman -- i didn't mean to say buy a lot of congressmen but -- there's always someone who wants to have a big investigation. because of jobs? >> with wall street being viewed the way it is in some corners of washington, d.c., i'd make the argument that a big, blustery hedge fund guy going public and urging the government to do something about it to make him money was going to be a negative. like why would the government given the climate that has existed over the last year