We thought it might go to clinton and we were prepared for trump to switch gears in the middle of the night. The thing that a special about the issue is we had photographers at both evening events. We got to tell the story of the victory of donald trump and the defeat of Hillary Clinton in photos as well as words. I think that is Something Special we bring to it. Its a different kind of storytelling. Oliver one thing that was a great way to bring color to donald trump was your wall of trump which is a visual but also about the things he said in the past. The issue has a lot of stories about the election but one thing we did is we went through all of his promises or many of them in his own words and we had a full page of the many promises involving immigration, taxes, involving a whole set of policy initiatives that he promised during the course of the campaign. Carol i feel like it led the coverage. It reminded me how many different promises he made about so many different things. And there has been so much attention to his style, his issues with women, etc. And this was a back to basics and this is what he has promised. In the end, thats what the presidency will be about. Carol and getting responses the morning after, you tapped into the global response. We did, throughout the sections on the election, we have quotes from World Leaders and Business Leaders about their response to the election. We have the heads of states of russia and france and Business Leaders like mr. Dimon of j. P. Morgan chase and others. Oliver you did a great job dissecting how we got to this point and what happens and you look at whats coming and have good analysis on what we can expect next. You approached how to look forward. Ellen we divided the 20 pages into politics and policy. When we got to policy, we were looking at what president tromp will confront as he tries to get his policies through. We looked at how it was possible to change the course on climate, how it was possible to change trade and how it will not be so easy to do what he has been planning to do and what it will take to get those initiatives through. Carol there has been up pushback against wealthy people in the country. Thats who donald trump is but the people who supported him saw him differently. They see trump as somebody who built real things. He did not do something you can explain to your motherinlaw. He built a building and you can see it. You can buy the tie or the cologne or the golf course, you can see it as tangible and that is easier to get your head around than people in Lower Manhattan jockeying numbers and thats part of it. I think there is also people looking at the clintons and you are talking to people who look at the clintons and say those people are not me. What did they do to deserve their hundreds of millions of dollars and they drove that point home. The idea of something for nothing and someone else is getting something for nothing and somehow these people could not share in that and that resonated. We didnt just have the french revolution but we will make sure our voters can share. Oliver this was a followup to the story you did a few weeks back looking at the internals of the trump campaign. Shed some light on what it was like to either even when their numbers were better, they were way off. I think they benefited from being an insurgency. We saw it in 2008 with obama. The reporters said, we are going to go down to san antonio. Its far away from where everyone else is. I think that bought of the trump team a license to focus on what they were doing and not buy into the same scenario being spun in washington and new york. Carol now we have to see whether the group the donald trump appealed to, he can put the policies into place to benefit them. And we will see who we bring to the white house. Carol turning the selection into a cover story was the job of creative director rob vargas. Rob we decided to go with three different covers. We had two photographers in hillarys camp and in trumps cap photographing the night. We did not know how it would go. Regardless of what happened, we wanted to shoot the supporters celebrating or mourning. They shot late in so the night and we saw the pictures the next morning and we found a couple we really liked that we thought encapsulated the enthusiasm of the Trump Supporters and the concern of the hillary supporters. Oliver you were able to pick just one person from each group. Why did you choose to focus on individuals . Rob you see a lot of crowd shots and we wanted to do something that did not feel like everything else. There were shots of trump and hillary and we wanted to take an approach and focus on a supporter that conveyed the feeling of the entire group. When we found these, we think it accomplished that. Carol it grabs your attention. And they will be surprised to seeing their faces on the cover. Talk about the international cover. I love what you guys did this week. We thought this might be abstract for overseas so we wanted to aim more directly at donald trump. We knew there would be of billion photographs of donald trump the next day so we wanted to show him but also not show him. A photographer saw they brought out this cake for him. Its bizarre. Oliver it might be one of the most tweeted photos. Carol thats actually donald trump. We thought it was a fun way to show him without actually showing his face and get straight to the point. Carol up next, the donald trump over there of the elite. Oliver and what happens to donald trump businesses when he is in the white house. Carol and other conflicts of interest, thats next on Bloomberg Businessweek. Carol welcome back. In the special election section, how donald trump plans to run the country without the people who know how to run a country. This is not a normal election. This is more like a regime change. Out with the old, in with the new in a big way. Donald trump made his whole campaign out of condemning the behavior of the leads. Of the elites. Carol washington elits. Even though he is an elite. New york, l. A. , the bicoastal people in prestigious jobs which includes the news media very much. His campaign was raised on the idea that the elite failed america and that resonated with a lot of people. If you are a member of one of these elites, you have to be quaking in your boots a little bit now that he will be in the oval office. Carol there is such an infrastructure in washington, people who have been there for years and usually can go from one administration to the next. What happens to them . Its like the tide coming in and out. The democratic appointees come out of the woodwork and out of the think tanks and so on come out of universities into the administration and then republicans slide back. There is a loyal opposition. Washington is a company town. Everybody knows each other and they may take opposite points of view on the issue of the way but some of them will go to the same cocktail parties and send their kids to the same schools. Its not like america in that sense. America overall is more geographically divided. What donald trump is saying is that game is over, the game with a wink and a nod, we are playing for the same team. No, business as usual is gone now. Oliver who exactly might donald trump bring to washington . Steve minutia and was producing movies about batman and tarzan. Anthony scaramouche he was working on a tv show to bring back wall street from the 1970s. Tom was putting together deals to sell miramax, and less than a year later, those things, these guys are part of the group of the financiers and investors who are now perched in a position to have great power. These are the people who could become treasury secretary or the National Economic council. These are people who will have immense power and the reality is america knows very little about them. Minutian comes from Goldman Sachs. He was a goldman partner. Carol we think about the folks that end up being treasury secretary and they are traditional big bankers and wall street. When you think about Hillary Clinton, maybe they were associated with her. Hillary clinton was so famous and probably so hated for ties to wall street. At the end of the day, im not sure clinton would have been able to put in one of her friends from wall street and she has many. She was a senator from new york, obviously. Im sure a lot of them thought they were options but here we are with donald trump winning and it looks like the lead contender is stephen minutian and he was not like some schlub at Goldman Sachs. His dad is a legend that Goldman Sachs and he became a partner. He had a title like chief administrative officer. He had a senior title. He also worked for george soros and Lloyd Blankfeins face were flashed on the final donald trump ad. He is strongly affiliated with these guys. If he were here, he would say he is less interested in catering to what they think then spreading the donald trump populist message. Carol Big Questions remain about what will happen to Donald Trumps businesses. And his conflicts of interest. We can safely say its an unprecedented level of conflict of interest. When we think about the donald trump assets, there are three big things to think about. The first is his International Licensing agreements. He has licensing and management deals with developers in uruguay, the philippines, south korea and that can obviously influence things. There is his new hotel in washington. He is a licensee to the federal government there. He pays rent to them to run that hotel. Thats a big one and the third one is Deutsche Bank which is currently in negotiations with the department of justice and has other settlement discussions coming down the pipeline. That was originally going to be 14 billion and donald trump has 630,000,000 of debt and half of that is with Deutsche Bank. Do we know what he has to put in a trust or what access his family can have . This truly is unprecedented. The closest comparison is nelson rockefeller. The newest laws to deal with this sort of thing came after he served as Vice President in 1978 which has a whole bunch of conflict of interest rules for everybody in the executive branch except for the president and Vice President where they said it could prevent them from making hard decisions they have to make. There are very few conflict of interest rules that apply to him and anything he does in terms of trying to distance himself from his businesses will be of his own volition. Carol up next, will donald trump really try to build the wall . Will he continue to deny Climate Change . Welcome back to Bloomberg Businessweek. Listen to us on sirius xm, 19 area and 1200 and boston as well. And also a m naik 60 in the bay area. And in asia on the Bloomberg Radio plus at. In the election section would donald trump says about reform. What trump can do through administrative or executive authority that congress. Is one of the areas where the president of the United States has the most authority to act alone. Trump very quickly if he chooses to candy begin begin to make it also the promises that have expanded him of his supporters some of the immigrant advocates in the United States. He did very quickly cancel actions taken by president obama that provided relief from deportation and the opportunity to work for hundreds of thousands of undocumented immigrants including people who came here younger and who did have criminal records. The actions that obama attended to take would have expand that protection to larger groups. He can cancel those which means we could have hundreds of thousands of people who came out of the shadows, so to speak, who have been able to work and start businesses and hire other people to work for them, who have been able to buy homes and are faced with difficult decisions once that protection is revoked. Carol you are talking about president obama expanded the daca programs. Deferred actions for childhood arrivals and deferred actions for parents. Those are the programs you are talking about . Yes, those are programs that donald trump has said he would get rid of any could do it quickly. The irony is that obama was reluctant to go as far as he did to use administrative action and he took pressure from activists and the failure of comprehensive Immigration Reform in congress to get him to move more aggressively. There are many reasons to think that donald trump will not show hesitation about using the full powers of that office to make Immigration Reform, immigration policy look the way he and his supporters want it to. That goes beyond daca. Donald trump could adjust or get rid of the instructions that ice has who is a priority for deportation. People who might have seen as deprioritized could be seen as priorities or there could be more confusion and ambiguity a about who agents will go after with their resources that are below the amount to deport everyone undocumented. Advocates say you can see fear and chaos. Oliver the donald trump stance on energy is starkly different from president obama. All bets are off. The amount of Political Capital and the time and effort that president obama has spent during his second term to focus on climate and the environment and energy, his Signature Initiative, the clean power plant is in limbo. Its being challenged by West Virginia in particular and a number of industries. This is the rule that directs states to lower the Carbon Emissions from their power sector. That will almost certainly not come into being even if the d. C. Court approves the plan, the Trump Administration is unlikely to implement it and can forget about it. They could implement a weaker version of it but it seems likely that the Signature Initiative of president obama is dead on climate. Carol i think about harold hamm who is wellknown when it comes to fracking and oklahoma and elsewhere. I have spent time with him and seeing what they are doing. He has aligned him so what donald trump so what does this mean for the fracking industry, the big oil giants and the big Energy Players . If we see a secretary hamm take charge of the department of energy, we could completely change what we thought would be happening in the next few years. This is an industry that has been under pressure from low oil prices. The administration was trying to squeeze down on them and cleanup things like methane omissions and their ability to frack and explore for fossil fuels on federal lands. This is a shot in the arm for the fossil industry. It seems like a President Trump will basically implement the agenda of profracking led by harold hamm. Oliver when we look at a big efforts to figure out these offhand comments the donald trump has made about climate and energy, is it clear what he wants to target in terms of regions or specific Energy Sources . Do we know about the specifics of whats important to him . We dont, the calculation they were making over the summer was that every barrel of oil not produced in the u. S. Is a barrel of oil produced overseas and gets imported and thats money out of the pocket of people in texas and oklahoma. This is going to be as robust and administration that has existed for fossil fuels since the bush administration. They might be more in favor of fossil fuels than the george w. Bush administration. It calls into question the u. S. Commitment to the paris accords on climate. We cannot pull out of that for a number of years but we seem to have ceded the leadership role that was important to present obama in securing and the handing off the regulatory rules. He set the table with an aggressive climate agenda. His hope was to pass the baton to hillary and it was going to be all she could do to implement those initiatives. Now that is all done. Like so much else, we really dont know, we realize how much we really dont know about what a President Trump intends to do on energy and climate. Carol up next, beyond the u. S. Election. The mexico city neighborhood where life revolves around ewaste from america. Welcome back to Bloomberg Businessweek. Still ahead, what is pending for the u. S. Supreme court. Beyond washington, we will show how neighborhoods in expo revolve around energy from america. Also, the christmas vacation of the Hallmark Channel. Bloomberg businessweek starts right now. We are back with ellen pollock. Just take a look at what is headed for the Supreme Court potentially. Obviously, there is a vacancy. We are appointed by President Trump. He will be a conservative justice. That will change the balance of the court which is now split four and four. One of our Staff Reporters who used to cover Supreme Court fulltime went through the cases, the business cases. We are focused on the business cases that are likely to become funded by the court and that may be affected by whatever they decide. Thought it was interesting that there are a lot of cases still hanging out there. Importantviously very thing about trumps policies. We put a magnifying glass to the things he has said in the past. We did. The issue is if he will have the money to do what he wants to do. Yes talk about cutting taxes. He seems very interested in cutting taxes. Is do the numbers add up . At the moment, it looks like they wont but he is a flexible guy and we will see how it works out. But we sort of spotlighted that. Carol you spent a lot of time on the elec