[laughs] when he was a kid, he was weinberg. >> in fact, you were born weinberg. >> and then he changedas about six months old. >> steve and elaine wynn moved to las vegas in 1967. his career took off when he invested in the golden nugget and added hotel rooms to the casino. >> hi, i'm steve wynn, and this is one of the beautiful suites in the golden nugget of las vegas, which as... >> he became its president by the time he was 31 and convinced frank sinatra not only to sing but to appear in a series of commercials. >> hi, mr. sinatra. i'm steve wynn. i run this place. >> you see i get enough towels. >> the golden nugget became wynn's golden egg. las vegas was just a bunch of casinos in the 1980s when steve wynn built the mirage, the first luxury resort on the strip. outside, a volcano exploded every 15 minutes. inside, he hired siegfried and roy to perform. next door, he built another hotel and brought cirque du soleil to las vegas for the first time. the strip wasn't just about gambling anymore, and steve wynn was hailed as a visionary. >> i've been given too much credit for that, rea

asset management firm perella weinberg partners is advising hostess brands says the bidders include five national retailers such as supermarkets. reportedly, six of the bidders have hired investment banks to help. "it would not be a surprise to see a 'white knight' come in and buy the whole thing because of its market presence." but while 19 corporate officers receive nearly $1.8 million in incentive pay to stay on through the wind-down process, what happens to the employees now on unemployment who say their pensions have not received contributions from the company in over a year? "there is a marginal trend to bring business back to the u.s., and food is one of those more likely to stay 'in country' than go elsewhere." challenger, gray and christmas say december is often when layoffs are announced, a process that often continues into january. wall street alone has lost a net 1,200 jobs in 2012 according to new york state's comptroller. and it's about to get a whole lot worse. citigroup is laying off 11,000 people worldwide. bank of america and hsbc combined plan for 40,000 layoffs this y

you know, i was on the stage afterward talking to steve van zandt and max weinberg and all of a suddenwere looking behind mow and they moved away. and stopped talking. so i turned around. there he was. >> jon: and there he was. >> there he was. an he came up and put his hand out. and so i shook his hand. i tried to be cool. i wasn't. and then he said come on, give me a hug. and i said all right. and i hugged him. and-- . >> jon: go he -- did he go come on, stop, let me go. >> no, i was-- you know that is always hard to judge, right, when dow stop the man hug, it's hard. >> jon: you got to give also this, the pat, or did you just go slow dance. >> no i went slow dance. >> jon: you got to be kidding me. >> i z i when slow dance. >> jon: no pat. >> no pat, i went slow dance. but, but then he said the most amazing thing to me. he said it's official, we're friends. >> jon: oh, wow. that's nice. (applause) >> yeah. >> jon: that's nice. i'm happy for you. >> you know what it's like, though, jon, i'm looking for a little more now. >> jon: really? >> you know, it's tough it sticks in your head,

. >> i was on the stage with max weinberg and all of a sudden they were looking behind me and moved awaynd stopped talking and i turned around and there he was. >> there he was. >> he came up and put his hand out. i shook his hand. i tried to be cool, and i wasn't. then he said, come on, give me a hug! i said, all right. i hugged him. >> you go, come on, stop, let me go! >> no. that's always hard to judge, right, when do you stop the man hug. it's hard. >> did you give him -- you have to give also, this pat or did you just go slow dance? >> no, i went slow dance. >> you got to be kidding. >> i went slow dance, i did. >> no pat? i went slow dance. but -- but then he said the most amazing thing to me. he said, it's official, we're friends. >> wow. >> that's nice. that's nice. >> sounds like getting a knighthood, a jersey knighthood. >>> next, remember this from the final days of the presidential campaign? >> i will come on "morning joe" and i will shave off my moustache of 40 years if we lose any of those three states. >> that's right, our old friend and obama advisor david axelrod was so

. >> i was on stage afterwards talking to steve van zandt and max weinberg, and then all of a sudden, looking behind me, they moved away and stopped talking. so, i turned around. there he was. >> and there he was. >> there he was. >> and he gave you -- >> and he came up and put his hand out, so i shook his hand, i tried to be cool. >> sure. >> i wasn't. and then he said, "come on, give me a hug," and i said, all right, and i hugged him, and -- >> then did he go, come on, stop, let me go! >> no. you know, that's always hard to judge, right? stop the man hug? you know, it's hard, but -- >> did you give -- you've got to give also this, the pat, or did you just go slow dance? >> no, i went slow dance. >> you've got to be kidding me. >> i did, i went slow dance, i did. >> no pat? >> no pat, i went slow dance. but then he said the most amazing thing to me. he said, "it's official, we're friends." >> oh, wow! that's nice. that's nice. >> i appreciate that. i appreciate christie admits his bromance. that's a good thing. >> okay. >> now, it wouldn't be cooler without lindsay lohan, an update o

i'm joined by bob pisani and american bankers neal weinberg.le getting hit very hard, down more than 5%. session lows this afternoon. worst day of the year. basically there is a have right of things that are floating around out there about why the stock is down. what's your take? >> my take is that this had to happen some day. whether this is the big hit or not, i don't know. as i've said for many years and heard other people say, trees don't grow to the sky. investors talk about apple as if this there no end to this stock. clearly there will be an end to this stock. i tell people sony used to be apple. >> that's true. >> there's vague concerns that iphone sales may not be as strong this quarter, there's vague concerns that ipad sales, the percentage of tablets may not be as strong. all i know sim's eligible for an upgrade to the iphone 5 just this weekend and i'm getting one next weekend. i's an ipad, iphone fan. >>> another option on the fiscal cliff negotiating table being considered is raising the age when seniors can start receiving medica

and as soon as president bush began the deployments, bud called secretary of defense cap weinberger to urge that daily positions be taken of all tactical units, be recorded so that future studies concerning health effects could take place. should there be chemicals. bud worked tirelessly in this effort. he never stopped fighting for those unprotected. and i think it's a good illustration of the man and his life. so with that, i'll stop. we have time or for questions, i'll take them. i've just tried to introduce you to the story. many of you know the story of this remarkable man h but i'd be honored to take questions. and if you just, there's a microphone over here, we'll start right now. thank you. [applause] .. >> of course, bud was committed to a high-low mix, and committed to a nuclear navy, and was not interested in anything else other than a nuclear navy so there was a conflict between the two, and many times, admiral moore was on on sides with that. i did not have access to the materials that would allow me to answer your question because of the review with most documents unavail

the national security council about getting back to negotiations and what her position was, cap weinbergerident to adopt the phoenix zero, which all of us in the state department was just not credible to allies. they think they two or three ss 20s deployed or under the climate. each one really 800 or 900 warheads directed against europe. our systems were just on the road. we were going to because of the silly aster sows, we can go to the russians and nasa to dismantle their systems so we don't have to deploy. sure enough -- immediately we were proven wrong. the peace movement in europe initially endorsed the idea that the zero option is a great idea, but then the reality sunk in that we didn't have the very strong negotiating position. what our job was in the early 80s was to convince the europeans that the only way we could get an agreement was to go forward with the deployment plan and it was hard. and ross will talk in a few minutes that reagan's own attitude towards nuclear weapons and how that was manifested. but i honestly believe elusiveness to bomb germany 1983. reagan actually saw

the international security council about getting back negotiations and what our position was, cap weinbergeras successful in getting the president to adopt the famous zero option, which all of us in the state department said was just not credible to our allies. why wasn't it credible? the russians had come and i can remember, but they have something like two or 300 deployed under to point to each one of the ss '20s had like eight or 900 warheads directed against europe. and our systems were down the road. we were going to begin deployment into 1993. so we asked ourselves how is it we can go to the russians and ask them to dismantle their systems so we don't have to deploy? and sure enough, well, immediately we were proven wrong. the peace movement in europe, initially endorsed the idea of zero option. thought it was a great idea. but then it kind of reality sunk in. that we didn't have a very strong negotiating position. and what our job was in the early '80s was to convince the europeans the only way we could get an agreement was to go forward with deployment weapons. and it was hard. ross