steve cohen and the wilpons, the controlling family of the mets, have been down this road before. but people close to cohen are talking and acting like it's his, if the talks progress, and he will be the next owner of the mets. again, i believe it when i see it. by the way, one other thing to throw out there. suppose the ruben brothers say no, we want the mets. i don't know how big baseball fans they are. steve cohen, from what i understand, is a life-long fan. he grew up in long island. but the ruben brothers have capital, have a lot of money, probably have almost as much money as steve cohen does which is estimated at $15 billion. that could happen. a last minute bidder could happen. as we reported, the indications of the bids were particularly weak. j-lo and a-rod just don't have the cash and the capital to compete against steve cohen. i understand their bid is below $2 billion. ira harris, again, you know, he buys mostly stuff in distress. remember, he's a private equity guy. i hear his bid, at least the indication of his bid is below $2 billion. steve cohen is basically lookin

looking to drum up the price of the mets which the top bidder remains, from what i understand, steve cohenthe hedge fund billionaire. he's still the number one bidder, from what i understand. right behind him, i understand, is harris blitzer entertainment, ira harris, steve blitzer, these are long-time ge executives who owned various sports franchises including the philadelphia 76ers. from what i understand, they are indicating to people they are not going to bid much above $2 billion or maybe stop at $2 billion. that's what we have been hearing. they are not denying that. number three is a-rod. kind of interesting in the a-rod bid, alex rodriguez with his girlfriend jennifer lopez, i hear she's involved at least tangentially, they have big money in there. mike repole, vincent viola, also the owner of the florida panthers, they got some bucks in there but what's really got a lot of press lately is all these football players throwing their money in there. i have been told that the money from these folks doesn't really add up to much. even though it's getting huge press that all these sports

not boundaries. >>> welcome back steve cohen point 72 is closing new money. leslie picker following the money for us >> scott, that's right including cohen's own money, that brings the total assets under management to just over $17 billion. raking in $10 billion in a few years is a fete for any manager in an industry that's seen far more capital than in recent years. pleasing guilty to insider trading. $2 billion fine. cohen himself was barred until 2018 when he was finally free to start raising outside capital again many wandered whether the reputational damage would prevent certain investors from forking over their money he was able to rebuild a hedge fund that surpassed that of sac at its peak. now it's up to performance point 72 is up about 4% through the year in june surpassing the s&p which was down about 4% over that time scott. >> thank you steve, reputations go a long way especially when it comes to managing money and being good at it >> yeah. without a doubt. you may ask why would steve want to manage money again when you see a lot like david temper

i'm joined by judiciary committee member, and committee member steve cohen.much for coming on this morning. we always appreciate you taking the type. i want to read a brief excerpt from the attorney general's opening comments here. he says the following or will say the following. ever since i made it clear that i was going to do everything i could to get to the bottom of the grave abuses involved in the bogus russiagate scandal, many of the democrats on this committee have attempted to kiss discredit me by conjuring up a narrative that i'm the president's factotum. judging from the letter inviting me to this hearing that appears to be your agenda today. there's a lot in there. i want to ask you to respond specifically to his charge that there were grave abuses in the russian investigation and it was a bogus russiagate scandal. your response? >> well, he obviously didn't read the mueller report very well. if he would have, he would have seen that mr. mueller said there was a systematic and sweeping effort to disrupt our elections by the russians. that they had

to run steve cohen. so many different walks of life. some are pumping and oddly tried but all of them comes straight from the heart just want to see it even when there's no more delicious the mushroom in trucks to come. from the 1st glimpse of the law to their final resting place the russians do w. documentary. are they friends say wanted to be with you should i steer the door would you wish it was not really a full hum of the bush in his new mission or are they and i mean he's going to finish the feast sealing the border seal prison you may be misusing the water he's going to go get me to my death board for i just donald trump running your pollutant if i were to parchin entry analyzes the difficult relationship between russia and the us and between their presidents how does their little reach and the dangers mutual admiration affect the rest of the world to some bullies trump and putin starts august 3rd on d w. this is news live from berlin a close vote expected as poland chooses a president populist incumbent he's favored to win the r

out there steve cohen. so many different walks of life. some are pumping. oddly trying but all of them come straight from the heart to its former c.e.o. even when there's no more delusion the marsh will enjoy. from the 1st months of the logs to their final resting place the russians on d. w. documentary. beethoven is for me. is for. beethoven as for hell. beethoven. as for the. beethoven is trucks. over is for. beethoven 202250th anniversary year on d. . how does a virus spread. why do we panic and when we'll all. be just 3 of the topics covered and the weekly radio show is called spectrum if you would like any information on the crawl of virus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at. science. this is the w. news live from berlin the u.s. spreads its own record for new covert cases in a single day as the country registers more than 75000 new infections we'll hear from our correspondent in miami of all is an increasingly desperate situation in hospitals that are a

as we reported the other day, steve cohen appears to be in the lead position.s further reinforced by what i'm going to report right now. from what we understand, steve cohen, the hedge fund billionaire, got into some trouble with insider trading, never was personally charged. his first firm was shut down. he set up another one which is doing very well, managing his own money and outside money. he's worth about $15 billion. we understand that cohen is now in direct talks with the wilpons, the controlling wilpon family of the mets, for possible purchase. here's what's interesting about that. cohen is an 8% owner of the mets. earlier in the year, he was thought to be ready to buy the mets for 2.6 billion. they got very close, there was some implosion in the talks between he and the wilpons. there was a lot of bad blood from what i understand. but for some reason, that bad blood has dissipated. they are now in direct talks from what i understand about a purchase. i can't tell you he's going to go for it. i can't tell you the wilpons are going to give up control. bu

prefer to sell it to the rodriguez and j-low group which comes from florida panther s owner, so steve cohenin the mets so that's where the $2 billion price tag comes from but that's actually less than cohen's previous bid at $2.6 billion so negotiations there fell apart at the last minute but didn't j-lo say that love doesn't cost a thing? ashley: well i don't think anyone believes that but okay. if she did, david asman, i know you wanted to get in on this. what do you have to say? david: it's a wonderful story because the wilpon's can't stand financial guys like cohen but they might be stuck and have to take his higher price, because he's offering so much and of course he just made $600 million if he gets a $2 billion deal because he offer ed 2.6 and that deal fell apart, came back now after covid and after the riots and everything, and it's clear that he should be very happy, he should be celebrating the fact that that deal fell apart but again, i think the wilpons would much rather have a-rod and steve cohen really wants to get his hands in the business and that makes the wilpons very ne

you have a hard line to steve cohen to get those box seats. we will see who the owner ends up being for the mets at the end of the pandemic. tom: site line at the met stadium are some of the best in baseball. lisa: pro tip. tom: robert swan has a lot to explain. that is coming up. this is bloomberg. ♪ hike! simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. 49i found you! good job. now i'm gonna stay here and you go hide. watch your favorites from anywhere in the house with the xfinity stream app. free with your xfinity service. now any room can be a tv room. stream live tv, on demand shows and movies even your dvr recordings. download the xfinity stream app today to stream the entertainment you love. xfinity. the future of awesome. ♪ jonathan: from new york city for our viewers worldwide, good morning, good morni

i spoke to steve cohen, a democrat, in the last hour.mentioned the possible of phasing out the $600. not fadesing it out but reducing them over time as opposed to immediately. speaking to folks in both parties, is there a potential middle ground? >> reporter: there is, but that will have to be sorted out between the democratic leaders and the administration with the support of mitch mcconnell. those result maltly the people who will make that decision. the democrats have contended that the $600 a week, while not perfect, it's easiest to implement. if they do something that the republicans are poeing, their argument it would hard toifrlment and would take a longer time to get into the system. what the republicans are seeking is $200 a week and then a two-month transition period that would allow for a 70% wage replacement for federal unemployment benefits. the democrats are ruling that out but not ruling going out the $600 a week. now, that is just one significant difference between the democrats and the republicans. the democratic plan is

reporter: democratic tennessee representative steve cohen wants the house to impeach barr. and barr tangled what went down on lafayette square. >> i learned sometime in the afternoon that the president might come out of the white house and then later in the afternoon, i heard he might go over to the church. >> maybe what happened your secret police were poorly trained just like your bureau of prisons guards were poorly trained and allowed the most notorious inmate in our nation's last several years, jeffrey epstein to conveniently commit suicide. reporter: barr said he doubted election results in november would be rigged. he said that the president would leave office if it was clear that he lost. liz? elizabeth: chad, thank you so much. staying on the hearing, this was the first time attorney general william barr testified before house judiciary. the attorney general did not testify during his tenure as attorney general in the george hw administration. the attorney general was threatened with a subpoena and potential impeachment by democrat chair jerry nadler if he didn't c

i guess the real question is, how much steve cohen has got the strong bid. he could bid a lot more.do they throw in the sports network with it. we are coming to the conclusion of this thing. it's not coming tomorrow but it's coming. we look forward to the end of october to at least have an idea. i think that's the longest -- if someone came in today and said i would give you $3 billion for it, i think that's it. i don't think he's going to do that. he doesn't waste it. that's where we are. i want to make a quick comment, you heard steve mnuchin [ inaudible ] today mention how they're not getting the payroll tax cut. people, you know, this gets back to my story about the internal civil war. there was a civil war. it was between kudlow, who wanted the payroll tax cut and mnuchin, who wanted essentially extension of unemployment and guess who won today. it is steve mnuchin. if you don't think there's a civil war, go on the twitter feed. [ inaudible ] you will see where the civil war is spilling over. it's a pretty interesting debate. basically this comes from the president. he wants a

steve cohen. the speaker pro tempore: the gentleman from tennessee is now recognized. mr. cohen: i appreciate the time, mr. walker and the last time i saw john lewis was march 5, his birthday and you offered the prayer and it showed me the respect he had for you. there was not a more perfect person that served in congress, certainly that i have known in my life than john r. lewis. he had every quality that you would desire in a human being and couldn't imagine a person. he was a hero of the civil rights' movement and cared about the gin justices that he had even as an african-american and aunched him on hiffle rights struggles. it was people of different issues of discrimination, whether it was gays and less byians, native americans or women, and people being victims. john lewis took up the cause and he stood up for everybody. he did not know color, gender, any differences in people, he loved all people. it was an honor to serve with him. early in my career, the american bar association presented the day award to him, john lewis and myself, the award was nothing that i was

steve cohen is hovering and watching those bids.e on the mets as well. neil: i've got a lot going on because i'm doing my virtual town hall. so i really don't have time. got to prioritize here. all right, my friend. charlie: i will keep you appr e apprisappris apprised no matter what. neil: you always do. he breaks more business stories than anyone on the planet. i'm not saying that just because he's a great journalist which he is or that he's italian-american, which he is, which is a relief, but he just does. he might grate on some of you, i hear the nasty stuff, he's the best. a lot of you who criticize him and by extension, sometimes criticize me, we are human beings. we take it personally. more after this. ♪ (vo) we're all moving at our own speed. from essential workers... to frontline responders... to you. whenever you're ready to get out there, enterprise is ready, too. ♪ with our complete clean pledge, you'll have the peace-of-mind that we'll get you safely on your way... wherever...and whenever that may be. enterprise. when

steve cohen from what i understand will not put in a first round bid. do later but he ain't doing it now from what i understand. so again, the mets have a pickle on their hands. they need to sell. the wilpons need to sell. there is another part another called saul katz wants to retire and sell. the wilpons indicated they need to sell. if you don't get this number above two billion, i doubt they will and right now, at least the indications neil, is that the new york mets are selling for less than two billion. just for a little retrospective here, i believe jeter, derek jeter put together a group that bought the marlins, which is a smaller market, much smaller market, in miami, a couple years ago for $1.2 billion. i covered that a lot. think about that. the mets are not selling for much more than that. that may be a function of the fact they're losing money. they're the second team in new york where we have a shortened season because of covid. it tells you, gives you an indication how difficult it is to sell this franchise. neil, back to you. neil: charli

reportedly getting nfl star support new york mets demarco murray brian expected to join a-rod j.lo offer steve cohen business,.com boeing has been awarded a contract with united states air force worth nearly 23 billion dollars to manufacture f50 fighter jets, virginia man has raised more than 150,000 dollars, to buy goya products doebt to local food pantries after critics called for boycotted over ceo pro-trump comments, are a buy cot instead. >> is it johnnie walker whiskey in paper bottle next year if it tastes like a paper straw i am out. >> are you've got wine, and paper containers now plastic, br because everything is to go, right? >> have a. >> and better for the environment that is the point. >> true lauren simonetti. >> thank you very much, are all right future of we will stay with food an alcohol, the industry hit hard by covid-19 pandemic, knc closing deepening rooms in corporate owned stores in florida because of surge in cases across that state kfy owned by yum brands my guest ceo of one of the quick service restaurant companies more than 32 billion dollars, in system-wide sales, joining

earnings that have not really affected where we've been nasdaq off by 85 some other headlines steve cohen's point72 is closing to new money it has raised $72 billion. andrew >> thanks. other big issue with city budge gets being crunched and crushed, municipal bond defaults are rising that's putting pressure on washington to act. seema mody is joining us. >> reporter: andrew, defaults could be a wake-up call for investors who have allocated $20 billion in municipal debt since march. a low risk way to generate tax free income. in the past two months there's a concerning trend that has emerged. two retirement centers in florida. cancer therapy clinic in tennessee and the whole city of bearfield, alabama, has defaulted on the municipal bonds. bringing the total number of delinquencies at 50. that's the highest since 2011. up 40% for the same period from a year ago as cities and states across the nation face a massive budget short fall. so far this year florida is where the most defaults have occurred as tourism revenue has dried up it's the same challenge that face economies that rely on travel

steve cohen. the speaker pro tempore: the gentleman from tennessee is now recognized. mr. cohen: i appreciate the time, mr. walker and the last time i saw john lewis was march 5, his birthday and you offered the prayer and it showed me the respect he had for you. there was not a more perfect person that served in congress, certainly that i have known in my life than john r. lewis. he had every quality that you would desire in a human being and couldn't imagine a person. he was a hero of the civil rights' movement and cared about the gin justices that he had even as an african-american and aunched him on hiffle rights struggles. it was people of different issues of discrimination, whether it was gays and less byians, native americans or women, and people being victims. john lewis took up the cause and he stood up for everybody. he did not know color, gender, any differences in people, he loved all people. it was an honor to serve with him. early in my career, the american bar association presented the day award to him, john lewis and myself, the award was nothing that i was

cohen. where does it stand right now as far as an actual bill? some: the republicans and committee chairman have been meeting with mark meadows and steve mnuchin ands it stands on friday there is a deal in principle on a deal for another relief package. it will not be as big as the cares act that passed in march. negotiators are saying it could be as much as $1 trillion and it will tackle many of the things that were left out of the cares package. there is more funding for $105 billion. more money for contact tracing, testing and liability protection for businesses and schools that reopen. this is just an agreement in principle. we have not seen bills passed yet. mitch mcconnell said that will start on monday. that was the first stage of negotiations. they will take it to nancy pelosi, chuck schumer and then negotiations will get underway. host: where are republicans overall on not only the bill itself but the suggestions for spending? guest: they are split. there are a number of republicans are concerned about spending and the debt and deficit continued to rise. $2.6 trillion in only half of that has been spent. a lot of people are concerned. the

cohen. where does it stands right now as far as this goes? >> guest: the senior center committee chairman, the meeting with white house chief of staff mark meadows and steve mnuchin over the course of this week there is a deal in principle on a deal for another coronavirus relief package, not quite as big as the cares act passed in march but negotiators are saying it could be $1 trillion or more and this bill would tackle many things left out of the cares package. $5 billion at this point, more money for contact tracing, testing a major republican priority and liability protection, businesses and schools the reopen. this is an agreement in principle. we've not seen the bill text with a expect to drop starting monday. that was first stage negotiation, nancy pelosi and chuck schumer and negotiations will get underway. >> where are senate republicans on not only the bill itself but suggestions for spending? >> they are split. a number of republicans are concerned about spending. the deficit continues to rise, $3.6 trillion spent to address the coronavirus pandemic at half of that has been spent so republicans are concerned. job numbers are improving, there a