i'm steve wynn.s 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, really. if you look at las vegas in the 1980s, there hadn't been anything built since 1973 new. and so the city was in a time warp. and, as has so often been the case, in the valley of the blind, the one-eyed man is king. >> so you had an idea, and you were king. >> yeah, all of a sudden, i looked like i was a rocket scientist. >> not a rocket scientist but a showman. >> captain of the britannia! ready, aim, fire! [explosions booming] >> when he imploded the old

20% stake in wynn resorts.ast friday that stake was worth about $2.7 billion. wynn forced okada to sell this at a 30% discount, taking its value down to $1.9 billion. on top of that, okada can only cash in his chips on the sale in ten years n. a statements, wynn said he would force this and fight this forced redemption. he added, quote, the entire process has been tainted by the desire to serve steve wynn's predetermined goal, and that is of removing the u.s. arm of okada's firm as the largest stockholder of the company. this bill their battle will continue. we look to friday to see if okada survives and is chair on the board of wynn resorts. interesting, there is a japanese restaurant called okada at the wynn macau. i think we might be seeing a name change coming pretty soon. >> i think you can count on that. wow, that is getting uglier and uglier. ramy inocencio, thank you very much. charles? >>> let's circle back to that political storm i was telling you is already breaking in the press. and that is on the n

president yee: commissioner wynns? commissioner wynns: i have one question which i found so interesting. on page 116 that are handwritten, the numbers, it says, the board may by -- next to the last paragraph, i'm looking at miss wilson, the board may by 2/3 vote limit or close its vote provided the maker of the motion and opponent of the motion are granted equal time for closing comments. i've never heard that before and as per your training, i have always operated by and told people that motions to end debate are not debatable. so i'm presuming that roberts rules makes a distinction between closing comments and debate? i don't really know, but -- and while she's finding that, i just want to say this in the interest of time, i think for the public, the most important thing is that this is going to be online now. you will not -- in order to be able to do that and to -- and to use the online policy services that allows to be kept up to date with changes in the law and regulations, we have to go through this process so i'

first, check out this chart of wynn resorts. wynn was the undisputed generalissimo of the casino stocks. it outperformed the rest of the bunch and where wynn went, the others followed. however, that will change over the summer and this chart tells us the story of how it happened. the first red flag came on july 19th. when wynn had an outside bearish day and that's when the stock is a higher high and the previous day and then a lower low and it closes down. that is just dreadful. i see your complaints and i know them. this is one of those formations that technicians regard as a serious sign that a top could be at hand and a top is exactly what you've got. that's why sometimes you've got to have it. wynn made a lower high on september 20th and it was like the bearish outside days and they lost its status as the king of the casinos and that the trend was going against it. the stock trended for much lower for months until the recent rebound and look what you would have avoided if you would have just followed this bearish day. more o

commissioner wynns: that's great. that's exactly something that maybe kevin truitt might relate to our office of family engagement. that's great. thank you. >> i actually wanted to explore the restorative practices work with you for a minute, too, although this is sort of a companion piece. so i went on saturday at the summit to one of the restorative practices workshops and was there to see everybody coming out of the first one, and then went into the second one. so i talked to a lot of people about this. i think that they were all or almost all administrators that were in the workshop. and they were all or almost all from schools that are not demonstration schools, and that seemed to me had not had training yet. so there was a huge amount of interest, and everybody was very enthusiastic and really happy to hear the small amount that they were able to learn in the short time. but it seemed to me that -- i'd just like, as this goes along, i'd be very interested to come to these conversations. i appreciate you giving u

control of the $15 billion wynn empire.e wells just got out of the courtroom and joins us now. >> brian, this is just a little bit of the paperwork. a lot of lawyers in there. court ended shortly with the judge hinting that she may have some sympathy for at least some of his requests. if you look at the tape with robert schapiro, wynn was arguing he was the company's largest shareholder, a chinese billionaire, does not have a right either as a director or shareholder to sue for access to the company's books. he wants more information on hundreds of millions of dollars in expenditures going back 12 years. the judge will determine in two weeks which of those requests are reasonable hinting she thinks some are and some are not. listen. >> we're going to go back to the board of directors of wynn. consider those requests. and the reasonableness of them. and report back to judge gonzalez in two weeks as she has asked us to do. >> now, wynn's team argues this is all a red herring that okada is angry that his one-time best friend r

a wynn was down 5% today. >> wynn missed estimates which was a problem for them. these are the two bs names. and this is where i'd focus. >> how does courtney get that gig in vegas and you're here talking options? >> come on. i wouldn't trade this assignment for anything. >> we don't believe you. >> what's your pick in the casino? >> i made an ill-advised pick. wynn i thought the shareholders suing them for more transparency and other issues. i thought that was holding it back. but they missed. and the big as we said. stock's down 5% and can't get going. that to me is troubling. lvs trading at 52-week highs. a better bechlt >> this weekend is all about the super bowl. tonight is no exception. darren sits down with patriots owner robert kraft and steve tish to break down what a win means to the franchise. many more surprises. that's tonight at 7:00 p.m. eastern on the nbc sports network. and tune into nbc sunday to catch super bowl xlvi as the giants takes on the pats. live coverage kicks off at noon. >>> time for the final call. >> god on the side of the quarterba

>>eporter: wouldn't it be nice if wynn could get a warning before his next heart attack? now doctors are testing a new device called guardian, which can alert patients when there are changes in their heart function. >> a device that will help our patients decide whether, if they're having any symptoms. is a true heart attack or false alarm. >> reporter: the device comes in two parts. one is similar to a pacemaker, it's implanted in the chest and connected to the heart. it transmits data to a small pager-like machine that patients can wear on their belt. interventional cardiologist is testing the device here in virginia. >> it can detect any decrease in oxygen, or suggestions of changes in the blood flow to the heart. which is usually the cause of a heart attack. >> reporter: when these changes occur, the device in the chest will vibrate and the pager will beep. if a yellow light is flashing it means there's been a nonemergency cardiac event and the patient should see a doctor in the 48 hours. but if the light is red, the patient could be having a heart attack right now an

for the entire hour we are at wynn loss vague us and kau seen now. you will hear from the candidates. >> joined by somebody who has cake shaken up the race with a big endorsement. take a look. it's my honor, real honor, and privilege, to endorse mitt romney. mitt is tough. he's smart, he's sharp. he's not going to allow bad things to continue to happen to this country that we all love. so governor romney, go out and get them. you can do it! >> joining me now to explain his decision is the one and only donald trump. welcome. >> great to be in your neck of the woods, which is vegas, new york. your presence is sort of everywhere. >> we set up in a lot of different places. >> it's funny, and maybe i shouldn't do this but i'm going to do to anyway, when i was with you a few weeks ago we had a long discussion privately off air about the candidates and you were adamant and passionate that mitt romney needed to show, needed to step up in these debates and show the person that he was showing you privately. >> that's right. >> and you were a little bit, you kn

. >> reporter: michael wynn is all too familiar with what it feels like to have a heart attack.hat's because the 67-year-old virginia man had three of them last year. >> that's kind of the way the last year went. it seemed like every time i tried to do anything, i would have a heart attack. it's kind of a scary thing, because you'll just be doing fine, and the next minute you're going. >> reporter: after surviving the trio of heart attacks, he and his wife said he must have nine lives, but they also realize it's likely he'll have another episode, and that's no laughing matter. >> i know eventually i'm going to have one, and i won't make it. that's just the way it is. it's family history, smoker, all the odds were against me. >> reporter: wouldn't it be nice if wynn could get a warning before his next heart attack? now doctors are testing a new device called guardian, which can alert patients when there are changes in their heart function. >> a device that will help our patients decide whether, if they're having any symptoms. is a true heart attack or false alarm. >> reporter: th

tonight we are coming to you live from the wynn hotel and resort. over the next hour you will hear directly from presidential candidates mitt romney, newt gingrich and rick santorum. now an invitation to participate in this forum was extended to congressman ron paul, but it was declined. tonight the main focus of my questions will be on the most critical issues facing the country, the economy, and here to join us and kick things off is somebody who picked up a big enforcement today from the one and only donald trump, and that's gov. mitt romney. governor, how are you? >> i'm fine. thanks, sean. >> big endorsement from donald trump today. >> a big endorsement. he shares my concerns about china yeah, the fact they have been able to run roughshod over many industries in this country. people have complained good but not stopped them from taking away our jobs. >> how do we get fair trade balance without starting some type of a trade war? how do you pull it off. >> you have to open up new markets. a highly productive nation like ours has to have new marke

wynn about that.ntly raises that issue. >> steve wynn said they are going after the company because the two had a falling out over the decision to expand in the philippines. the next court hearing is the same day of a wynn board meeting. they put up the directors to replace those up for reelection this year. thank you. >> thank you very much. jane wells, one of the most prestigious golf course communities filed for bankruptcy that partnered with tiger woods in developing golf courses in north carolina after being overwhelmed by $50 million in debt. seeding control to a texas couple. we auction off properties to get the company back on track. there is an ap for just about everything these days. aren't there? now for mobile dating. not just online dating, mobile online dating. 14 million americans have given it a try and a new documentary, nbc news correspondent explores the leading edge of an industry that has gone mainstream. >> it's 7:30 on a tuesday night and 25-year-old alicia and her two friends a

commissioner wynns: i wanted to make this announcement before everybody leaves. at the end of the meeting i'll report on my recent trip to washington with the national school boards association. but i brought all the members of the board and the superintendent a little gift, which is a luggage tag and bumper sticker that says "be the change for kids." the reason i brought these is that this is a campaign that was -- i was at the national school boards association leadership conference, the executive committees of all the state associations, and this campaign was designed by and carried out by the new york state school boards association for some of you who know her, when florence johnson was the president of the association, who's now the past president and has been close to us for a long time through the council of great city schools and others. but the amazing thing is that this is a great example of setting the agenda and doing effective advocacy. this campaign has taken over new york state. and the amazing thing is that now this, year and last year, politicia

one for wynn, one for his technology company.ing occurred, there's a range of possible penalties including losing those licenses. though he can't remember that ever happening in the modern era of vegas. >> a license revocation is a very unusual action and usually the result of a fairly egregious set of behaviors. >> now the philippine regulator who was comped this room tells the wall street journal that's not true. a former prosecutor says while comping rooms is a common practice, it is illegal to do so for someone with authority or influence over any titles. >> thank you very much. >>> oscar nominees go for the gold on sunday. this year the little man, statue, carries more weight than ever when it comes to reaping the revenues. julia boorstein has that story now. what is winning an oscar worth to nominees this year? >> well, bill, it's worth a lot. and it's worth more this year than ever because the worst movie has performed the big e in impact of winning the actual award has on the box office and also on home video sales, dvd r

but wynn shares are down. next guest is bullish and says wynn is a cash cow. robin, welcome to the show. >> hi, thanks. >> how concerned are you about mccall, the street seems to be concerned about it, perhaps more so than you are. >> look, i would say the fourth quarter it was a disappointing quarter. there's no way around that. they did come in below estimates. but our buy rating is a long-term buy. and you've got of look out ahead and look at the best in class operator there and they do ahead of their fair share of the market. >> what about what's going on in vegas? >> you know, vegas is a much smaller part of the wynn story. right? most of the recent of what's going on in asia. the quarter was okay in las vegas. >> how is the development coming in cotai robin? >> that is one of the reasons why we still have a buy in this stock. although we only expect a small amount of growth in the town in 2012, they are developing a resort in cotai and i think that investors will start to pay for that as we move closer to the development of that. >> i'm wondering what yo

commissioner wynns: aye. president yee: aye. >> thank you. president yee: i am going to be a little confused on the next one. item p, consent calendar resolutions severed for more discussion. this never happens. none tonight. [laughter] i am confused that we do not have any. item q, first reading, none. item r, first reading, none. board minute -- and board reports, any outstanding committee reports? i believe there is the budget emphasis report? commissioner fewer: yes, we had a budget committee meeting on january 31, 2012. we had one action item which we were unable to give a recommendation for due to lack of information. that was the authorization to grant our board an alternative to the night the renewal for the high school. we had to approve kay rezos, which had no problems. we heard a state budget update by the superintendent lee and we developed a calendar for the fiscal year 2012-2013. president yee: or delegates to member organization? go ahead. >> i just wanted to announce that the rule policy and legislation committee, which was li

yesterday and the wynn macau board.both sides return for round 3 of this vegas title fight. guys, what we haven't been able to determine yet is whether the 1 24.5 million shares have been returned from the float. it doesn't look like it. we don't know quite where those shares are. >> okada is also fighting back, isn't he? this is a big deal for wynn. i don't want people to be mistaken. this is a serious fight they have on their hands here. >> well, he was the biggest. yes, steve wynn and he used to be equal weight, but after steve's divorce from his wife -- this really goes back, most people believe, to the philippines deal. okada wanted to do a deal in the philippines, wynn said know, they claim he was throwing wynn's name around, pwent ahead on his own, and that puts them at odds. >> jane wells, thank you very much. >>> 132.30 is where we're trading at the moment. it's been a good week. let's bring in andy bush. this was not the way you thought it would work, i believe? >> no. i think there's a few other people that a

wynn has asked the tycoon to resign from the board. he is pushing back. >> pretty vigorously, too. >> he is suing. i mean, this is going to be a long, drawnout and very interesting case because i imagine we are going to learn a lot about the wynn organization and things that steve wynn may not love and i'm sure they're all going to be throwing everything into the box. >> this is a partnership that brought these two huge casinos which make up, as "the journal" points out today 75% of what the entire las vegas strip brings in so this is an incredibly profitable relationship. ended very abruptly with an e-mail after the board meeting came out. we haven't seen the last of it. quite a bit to come. >> scott, i feel like this is a documentary. >> you think? >> it could be. a trip to macao. >> what do you think about it? >> put it in the back of your brain there. >>> a check on the markets this morning after all of this news. the futures this morning, something to really keep an eye on, right now those dow futures are up by about 35 points, pa

however, i did spend an hour reading the wynn conference call. steve wynn, you are always welcome on the show. you are welcome at my house. you are terrific. they gave an absolutely fantastic refutation of why this guy had to leave. it was a little bit like the gaming license situation in a famous movie with marlon brando and -- well, let's just say, yeah, it was spot on. yeah. let's go to jeff in florida. >> caller: big boo-yah from florida. how are we doing? >> all right, sunshine. how about you? >> caller: not too bad. i have been following rim for a while now. they have been making headlines moving upstairs officers around. do you really think the new playbook software is enough to save the stock of the company? do they need to make bigger changes? >> you are in florida, okay. there's a team that plays in port st. lucie. spring training. the mets. they are making the moves, shuffling people around. you think it means anything? i have to tell you, rim is still a sale. >> sell, sell, sell. >> you can't go against apple's iphone. i was talking t

listen, apple, chevron, kim errly clark, wynn, and enteda, and i was wondering if i am diversified or not for that. >> let's go to work. whichever ron, major oil company, real good. apple, one of our favorite companies. and wynn, i like the fact that they bought out the dissident casino, and kilmerly, great yielding and teva, the ceo on "squawk on the street." drug, oil, tech, entertainment, and consumer products. that is perfect diversification, which by the way, a very nice yield when it comes to kimberly and chevron. >>> leon in pennsylvania. >> caller: hey, jim, a big booyah from southwestern pennsylvania. transplanted long islander here. long-time fans too. >> big marcellus shale booyah to you. >> caller: absolutely. i have apple, exxonmobil, united health group, mcdonald's, and proctor & gamble. >> let's get right to work. united health. large medical provider, doing very well by the way. missed that move, my bad. exxonmobil, largest oil company, not my favorite oil, but that's okay. no one ever got hurt owning exon. computer company apple, prock-to-& gproctor & gamble, and mcdo

wynn is expensive but macau is going to be the gambling mecca of the future. >> cortes?s getting hit today. i like this boring dividend name. >> patty? >> if you followed me in on t.a.l., time to take a little bit off the top before earnings. >> joey? >> an interesting conversation with herb before. remember quality right now is doing well i

in the southern hemisphere, that cyclone.ense wynns are 140 miles per hour.oving through madagascar are. be a devastating storm. it is right in the center. meanwhile, looked at the cold air that continues. it is beginning to break. this was a great picture from space. there is england and there is france. look at the snow. if you want snow, that is the place to go. there is the snow from the weekend over us. that is the beautiful shenandoah national park. here we are in washington. overnight tonight, there is a of moisture coming our way. of this is not reaching the because the air is so dry. overnight tonight, we will see clouds coming through. maybe a flurry well to the north on into tomorrow. temperatures 33 degrees, are around the freezing mark. be a near average day. light winds, temperatures tomorrow, near 50 degrees. we're back to the sunshine on wednesday. be next weather maker would producer as we get on into thursday. do not forget, tomorrow is valentine's day. the weekend, a fair amount of nearine and temperatures 50 degrees. is there. make an appe

elsewhere, over the weekend, the cofounder of wynn resorts was bought out to overseas gambling regulators. legal action to block the board's outrageous move. >> three u.s. lawmakers have asked the federal trade kmigts to investigate reports of prooif i have violations. and looking ahead, analysts are optimistic about existing home sales data for january ya. also on deck, earn lgs craft macys and walmart. if parking is scarce, park at my hout dot com helps you want to to catch n. all right. well, there are hundreds of satellites in orbit above the earth. 50 years ago toad, there wasn't much up there at all. one of a select group of american space pioneers who have the right is it true. >> reporter: they were test pilotings turned into astronauts or what some called them "spam in a can." it was on the third mission, a marine avenue elevator bham the first american to orbit the earth. the mission lasted almost five hours. >> oh, that view is tremendous. >> yesterday, 50 years later, galterred with the scientists who helped america even the score in the space race. >> there wasn't any closer

of the directors of wynn macau on friday.oal? kicking his former friend and partner off the board. and dateline western australia, a 13 care rare argyle pink jubilee diamond was unearthed. experts put a price tag at $13 million. $1 million per car at. the hope diamond is 44.4 carats. >> eamon, i love it when you talk diamonds like that. >>> coming up on "kudlow," is president obama responsible for the high oil and retail gas prices. did you know, retail gas has gone up 9 % during the obama administration? a heated debate about who gets the blame for gas prices. ♪ [ male announcer ] aggressive new styling. a more fuel-efficient turbocharged engine. and a completely redesigned interior. ♪ the new c-class with over 2,000 refinements. it's amazing...inside and out. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. ( >>> welcome back to "the kudlow report" stocks retreat after a three-day winning streak. since early october, the s & p 1200 global stock index, up 21%. in the u

. >> reporter: johnny avello, chef bookmaker at wynn, says the wild card is the giants.his season, the oddsmaccers put them at winning the super bowl, 100-1. >> you're seeing 100-1, at $200, that's going to win $20,000. >> reporter: how many do you have that? >> there's quite a few out there. >> reporter: is it a chance it will break the bank? >> no. it will not break the bank. >> reporter: win or lose, there's no better place to watch the super bowl. >> this is an ideal location to watch the super bowl. we're on the 50 yard line of the bellagio fountains. >> reporter: nightclubs are sports bar for a day. the deejay booth replaced by flat-screen tvs. even the refreshments are exotic. will it go well with nachos? i'm david wright, for "nightline," in vegas. go, new england. >> our thanks to david wright for that. watch "good morning america's" coverage tomorrow live from indianapolis. "gma's" super bowl blowout, including an interview of tim tebow. we'll have more with tim tebow, in an interview with hannah storm on espn, tomorrow on "nightline." >>> next up, "rolling wit

commissioner wynns: aye. president yee: yes. commissioner mendoza: yes. president yee: i now call the public hearing. we are reopening the sfusd to the united administrators of san francisco and to the 2011-2012 initial proposal from the united educators of san francisco to the san francisco unified school district. there is no public speakers for this. and we will end the public hearing and go back to the next item. item m, discussion of other educational issues. superintending, would you like to introduce this topic? >> matt, come on down. >> hi, thank you so much for having agreed since i listened to some most of today's meeting, i know you have been here a while. i will keep this brief and take any questions that you may have. i have just handed out to you my and took me -- my annual state of the station report, a recent publication we made about the station we are using for the public and also our audit for the past fiscal year. i want to thank you very much. one year ago, when i came and reported to you, the board unanimously approved a short line o

. >>> elsewhere over the weekend, the co-founder of wynn resorts was forcibly bought out over alleged improper payments to overseas gambling regulators. the japanese tycoon is vowing legal action to block the board's, quote, outrageous move. >>> u.s. lawmakers have asked the federal trade commission to investigate reports of some privacy violations by google. state fines could follow if the ftc decides google violated a consent agreement reached last year. >>> looking ahead, analysts are optimistic about existing home sales data for january, due out later this week. also on deck, earnings from heavy hitters kraft, macy's, and walmart. >>> finally, if parking is scarce in your area, parkatmyhouse.com wants to help you cash in. it matches desperate drivers with home owners willing to rent out their driveways. >>> defender makes history, mickelson is denied a second title, and some fans get a little more lebron than they bargained for. >>> plus, linsanity consumes the garden as the knicks take on the world champs. your early morning sports headlines are straight ahead. >>> your president

and wynn resorts, profits up 67%, but investors worried about the feud between ex-ceo steve wynn and prominent shareholder. down to the nyse and latest from bob pisani. >> thank you, simon. five to one advancing to decl e declinideclin declining stocks. and are you ready for this? strong volume. we could do 4.5 billion shares on the consolidated, maybe even a little more. haven't done that in quite a while. volume, would you believe it? take a look at new highs of the major indices. dow industrials, all we have to do is close above 12,810 to hit a new three-year high. three and a half year high as well that's historic high for the s&p retail index. it's a basket of all of the retail stocks that are out there. and home builders index, believe it or not, is sitting right near a 52-week high as well. financials are the leadership group even though many sectors are above 1%. particular strength in the big cap financial names. there's your usual suspects. all up 3% to 4%. finally, we had a great week for ipos this week. no, not facebook. i mean regular old ipos that came in down here on t

my name is ed wynn. i have to apologize because our public health director could not be here today. she's very supportive of this effort, and we are also eager to learn how to improve services to the lgbt population. i come from the committee behavioral health services side, which includes mental health. i want to talk briefly in broadly about the services of the department of public health. it is basically over a billion dollars worth of services located between 3 service delivery centers, one is the san francisco general hospital, the other is a good hospital, and the other is a wide variety of community programs -- the other is laguna hospital, and the other is a wide variety of community programs. in the department of public health, which is now under the leadership of garcia, we have really embraced integrated care. the care needs to be duly coordinated so that the mind and body and other needs are the best for the clients. and the service delivery and public health. this also includes collaboration with other city departments. in all of our efforts, we have collaborated with t

wynns are very light. -- winds are very light. 48 inwashington dulles, annapolis. cold air has shifted well to the north east. the cold air has been inching to the south. it is a little bit cooler out here. pleasant winter weather around here. temperatures will stay on the mild side. temperatures are 15 degrees than they were this time yesterday. they start turning a touch cooler off to the west. spell over portions of arkansas and missouri. -- snow over portions of and missouri. it looks like the system is to push eastward. there is enough moisture that we see a few flurries, a patch of light snow. someurecast suggests precipitation will dry up as the wears on. back to sunshine, a pleasant day on wednesday. the next system comes our way on thursday and that will bring a rain to the area. tonight, clouds will continue to increase. cloudy and cold midday and 44. in the afternoon, a 20% chance might see a flurry or sprinkle. wednesday, partly cloudy. a nice looking weekend ahead. >> thank you. let's take a look on what is abc 7 prime time. bachelor at 8:00, he must d

okada is the biggest shareholder in wynn resorts.he company is trying to forcibly buy him out. >> this is the greatest courtroom -- not courtroom, boardroom drama. >> it's going to be a courtroom drama. >> it's a boardroom drama and it's face nating. >> okada wouldn't show up yesterday at the board meeting. forget it. >> reminds me of the old casablanca -- there's gambling going on here. >> that's what i thought, too. >> you had to bribe some regulators in macau. >> wasn't it thailand or somewhere else? >> it was the philippines. i believe they would put them up in the big suites. >> really? >> that's what this was about. the question is whether -- >> they think that there's something more to this than just that. >> part of this is that steve wynn gets to buy the stake at a massive discount. so the question is it would be nice to find something that's a problem. >> that makes a lot more sense to me. >> i don't know what the situation is. >> i did read the full report. it is pretty bad about the things that they did in terms of briber