Not much. Do you have a tattoo . I do not have a tattoo. You dont have a New York Times i dont. Can those be removed . Do you think shes going to did you see the cover of the post. Long three hour. See the cover of the post. You used to be scared to talk about her. Ding dong. Shes gone. You can talk about her now. I prefer jill has been very good to me are you going to look at this. That is her there she is. Her subway token tattoo. Ive never seen you completely naked and so i cant say whether you have i know ive shouted about do you have are you unequivocally saying you dont have a New York Times tattoo. Not in a visible area. How about that . So you leave and all hell breaks loose, sorkin. Its really the last week you were gone we had every merger i timed it perfectly. This time i timed it perfectly because this is something i prefer to the to talk about, as can you imagine. No, i cant imagine. Shes gone. Youre still afraid . In the same way that i would never write about the inner workings of the great family that is nbcuniversal in the New York Times pages i wouldnt talk about the inner workings of the New York Times on this was your chance to be for us to have an insider and that is true. To know what it was like in the newsroom. How about this i dont know. I dont have enough information. How about do you know him good guy . Hes a great guy. Jill was great too. Thats why im not im like a bad guest. Instead of a bad anchor, youre a bad guest. I might get a peacock. Pretty much. For your yard . No, for a tattoo. She said for a at that time too. Although i i dont have a peacock. You dont. Theres not a whole lot to do in prison. Youre not connecting. Desecrate your flesh, is there . Exercise in reading. Spent 14 years. Anyway, the markets because, you know what, i would not have digressed if there was a huge followthrough. See whether there is today and, you know, i was reading yesterday something from jim paulson about all the technical troubling technical things that converged yesterday in addition to closing at 2. 49. Were up a little talking about the tenyear up a little above 2. 5 . But thats how the stock market reacted to worries about Global Growth concerns and, you know, we did have higher Inflation Numbers in line, but if you put slow growth together with high inflation or rising inflation, theres a name for that and people dont like that. In the past when weve had it, its been really bad for financial assets. No one saying well get there yet. You know, inflation is obviously well behaved. But with the eurozone, the 18 country eurozone growing at 0. 8 annually and youre reading more and more people today in the lead story in the journal saying 3 , if people are counting on that for this year and, remember, weve been talking about it for awhile. Whats the tenyear telling us . When you have what were the german bonds in the one and changes. We cant be at 3 when germany is at 1 and change so we are being dragged down by whats happening on the continent. But it certainly isnt saying were just growing gangbusters over here. What does that mean the fed needs to do . Comments from rosengrin. He wants to do a lot more. What are you laughing at and smiling about . Your smile. Nice to see you. You missed my smile. I just, you know we were like where is andrew . Yes. Where is andrew with this andrew, youre an insider at the the New York Times. Was she mercurial and difficult like everybody said . You can say shes mercurial. That means shes just introverted. I think well just turn i heard that when rob portman did a chicken, i heard huhuh peered on another network. He wasnt ill do the sound of a chicken or get his sound. Oh, you could do a chicken. Because you are a chicken. Im a happy chicken. Im a happy chicken. You know, what youre back im finished. Im not going to ask you anything about the New York Times and youre use also. India, the guy won. I know. No, it should be great. Should be great. Straight to there and the results of the democratic elections in and india will have a new Prime Minister. We have more on the victory from new delhi. Good morning to you. Reporter his name is Narendra Modi and leader of the bjp and they swept to victory today. The count is in. Thought only did they secure a simple majority of 272 seats, which are needed to run a workable government here in the lower house of parliament, you can see over my shoulder, but they did so in style. It was a resounding victory. Landslide victory, the saffron surge theyre calling it securing well over 300 seats. If youre talking about a super majority here, the markets rejoiced bench market sensex powered on to new highs today. A little profittaking but similar story for the indian rupee as well. Multimonth highs, 11month highs against the u. S. Dollar. What the markets here are banking on that the government will speak with one voice and speak with one voice on the need for structural reform. They should not be in theory any impediment from the fractious nature of politics since they won such a resounding victory. No need for horse trading here. Thats what the markets are happy about, but its going to take time to turn around the indian economy. Theres no panacea. No Silver Bullet here and i think the bjp recognize this. Their supporters recognize this, in fact, we were out not too far from here a few blocks away which is where the bjp delhi headquarters are. There is a carnival atmosphere. Still partying. People letting off firecrackers and theres even elephants and the elephant is a very useful analogy here. This was a jumbo victory by the bjp but its an elephantine task to turn around this economy. A lot of a number of challenges they have keeping a lid on inflation, eradicating corruption and also attracting Foreign Direct Investment in a bid to try to improve the capital the current account deficit. Thats where we stand at the moment. Back to you. Okay, sri, weve been waiting for awhile yes. Because elections take a while and this was the outcome that was that people thought and even better then people thought. Way better. You know whats weird the way well bring in our International CorrespondentMichelle Carusocabrera but sri spoke about elephants. The universe is weird because at 6 0 well talk about elephants again in a different context. Real elephants. Yes, again. Not republican elephant. Not republican elephants, no, no, no, but in terms of feld entertainment, the circus prevailed completely and well have ken feld on to talk about extracting 25 million from the Humane Society and from the Animal Rights groups that paid a plaintiff to make up false claims about elephant treatment. Really . Yeah, hes going to be on. Just weird. I cant wait to see it. Talking about elephants twice in a half hour. I love that. Not i love elephants. Theres two kinds, though. Asian and african. Yeah. Did you know that . And republican. And republicans. Very aggressive. But your symbol is an ass which seems i dont know. Donkey. Here to talk about the indian elections and what is going on with the eurozone. A move away from socialism under the nehru gandhi family. If you think there was a political dynasty, they have nothing on nehru gandhi in india. We go from socialism to a promarket, probusiness leader in the country. What has modi promised . Massive buildout in infrastructure. How its going to get paid for, unclear at this point but did it in the home state where he was the leader since 2001. More private competition in the oil and gas sector which has been dominated by the state and then for the Stateowned Enterprises better governance and less political intervention into their running and actually more kind of typical running them like a business which should be more efficient. If you could just do those things it would be extremely helpful for the economy which deserves to be doing far better than it has now for the last few years. Lets move on to the eurozone because yesterday and were seeing it again today in particular with greece. The periphery yields rising focused on the United States on our longterm yields going down. Well, greece, spain and italy have gone up. Take a look at greece in particular. Okay, with all the debt they have and its not even at 7 , thats still pretty good, but when you see these charts once again were worried about whats going on . Why, in the last 24 hours weve gotten bad data which really puts a crack in what the ecb has been saying. It hasnt acted much to the complaints of many people because they said, well, we do have a nascent recovery, one, two, we think that Inflation Expectations are anchored. Well, guess what, in the last 24 hour what is did we learn . The gdp recovery is not so good. Italian only in germany. Exactly. Italian gdp went down. France was worse than expected and expectations about inflation went down again. The ecb has signaled they will act in june but a lot of people think its way too late. Why are you so worried about deflation in europe . Primarily because of italy because they have so much debt. Remember, they come after japan and the United States. And yet theyre a much smaller economy. When you go to a closing and you owe 100 grand on a house thats worth 80 grand you have to bring 20,000 to the table. But if you can get inflation going whether its for good reasons or bad reasons and your house rises to a value of 1 to thousand and you make money. You can spread that across an entire country. What weve done here, devaluing the dollar to pay back all our exactly. If you get inflation it helps out utley dramatically. Even the form of capitalism that theyve had for look what the strides india has made. Think if you do unshackle the when you lift the lid of economic oppression even a teeny bit, the changes are dra mat sdmrik should be exciting. Good, fun to watch, i think. I hope so. All right. See you later. Got somewhere to go. Thank you for coming in so early in the morning. Shes been sitting here the last two days while youve been god knows what youve been doing. Hobnobbing. The biggest investors on the planet have been hobnobbing unveiling what theyre buying and selling. Dominic chu has some of the big highlights here earlier. Dominic. I am here early and my producers were here crunching numbers late. Heres the interesting part. Manage more than 100 million bucks you have to make a quarterly filings. Caveat as always is that its a snapshot from the end of last quarter so its already about a month and a half old, but it can help shed a little light on bigger investing themes so lets start with one of the biggest, warren buffet, of course, not a lot of changes to his biggest positions like cocacola or wells fargo but Berkshire Hathaway has a sizable stake in verizon of all companies. Its 11 million shares worth, half a billion and berkshire decreased positions in General Motors and boosted its position retail giant walmart so a big theme there. Next theres Hedge Fund Manager dan lobe. The firm he manages took a stake in verizon. 3. 5 million shares. Small theme. One of his Biggest Holdings is verizon and took a new stake in american airlines. Those stocks have been up big. Americans up about 50 . Then theres yahoo he liquidated 8 million shares he had left and loeb has been winding that down and john paulson he made a new position in verizon. Again, another investor in verizon. Speaking of american airlines, paulson upped his stake by 3. 5 million shares and bought a new stake in media giant cbs so those are three whales. Next hour we have three more including david tepper. The man who doesnt want to be too frickin long this market, john. Over to you. Youre going with the hard k instead of the g. We didnt know if it was frickin or friggin. 4. 4 yield. I didnt do it as a k. You do it as a k. Yeah. Funny that the way we are, isnt it that Everybody Knows what the word is and its implied but you cant say it. Its just weird. Everybody knows what youre saying. Theres another version that have you cant say. Ill tell you about that. When you look at you know what you missed yesterday. I dont know whether you saw this. I feel like i missed you. I missed so much. I know you did. But mostly you. You wouldnt have been you wouldnt have gotten anything because it was just for me. What was that . Im just wearing something in and out of work. A murse. The two of us the proof strutting our stuff. Did you bring that in this morning . Its in my drawer. I didnt bring it home. I wore it up the steps from the set to my desk and that was about can i call it a satchel . You could call it a satchel. Wasnt satchel rowan farrells real name yeah. Then he stopped using it. What about satchel paige. Call it a fannie pack and call it a day. A front. All i carry is an iphone. My makeup is here so i dont need to carry that around. My compact i leave it here primarily and, right, i dont need to carry it around. You can borrow my murse. There was no bro in it. A legal battle under the big top coming to an end talked about this earlier. Feld entertainment ceo used to go to the circus there were protesters about the elephants there and my kids are like, what are they doing it didnt ruin it but, anyway, the ceo will tell us about the big win for ringling brothers against Animal Rights groups and first a great murses in history here. You got a couple of good looks here. Tom brady, thats a good one there, and right in the middle you can see john and me showing off our murses. Back in a moment. Vrj there is an end to feld entertainments case. Other groups have agreed to pay almost 16 million to settle a suit over the companys treatment of asian elephants in the ringling brothers and Barnum Bailey circus. We have the chairman and ceo of feld entertain many. Thanks for joining us. Not a National Nightmare but your nightmare is finally over. Its been 14 years, so almost a quarter of my life spent in litigation and we won the case in 2009 and won two appeals and this was where these Animal Rights groups sued us and what they actually did was they found the plaintiff was a paid plaintiff and found to have no credibility whatsoever and the case was thrown out. They finally settled so they sued us and they wound up paying us with the hsus and the aspca and these other plaintiffs, they wound up paying us over 25 million which was actually what we had in attorneys fees over this time period. So that basically covers your attorneys fees and thinking about the way this is going to be portrayed and we all have a pretty good a favorable opinion of the Humane Society. Who doesnt . Who doesnt want to protect animals. Who doesnt want people watching to make sure that those that cant sort of speak for themselves are treated right. You wont see this vindication in the huffington post. I look in the New York Times i seriously doubt youll see it there either because youre a corporation, youre making money and exploiting these animals. Thats going to be the narrative from there but it doesnt make it okay to pay someone to say youre mistreating animals if youre not. Thats for sure. They really misused the Justice System and they got found out and they paid the price for it. But it dragged us through this the court system for more than a decade. And for us, you know, were focused on entertainment and were focused on the welfare of all of our animals. I mean, its really their agenda, their Animal Rights activists, we are Animal Welfare advocates and practice that 24 7 every day of the week and in addition to what we do on the circuses for these animals, we have a center for Elephant Conservation in Central Florida and we also have programs since 2008 in sri lanka which is has the most asian elephants per square mile of any country on the planet. And theres a huge animal elephant Human Conflict and weve come up with several ways to resolve that. So were doing all this good work. Well continue to and well practice our Animal Welfare. They will, im sure, continue their legislative and let me ask you this. And it is sickening that this went on as long as it did with them. Just because its funny. You wouldnt want to root for them but in this case its awful. What they did to you in this case. Where are they going to come up with the money . Thats what i was going to ask . Well, they came up with the money they came up with the money. Its all paid. These organizations, the hsus, the aspca are collecting hundreds of millions of dollars annually through donations from people. So they had to end up using the donations to pay its just ridiculous. I mean im not saying its not ridiculous to pay you. Ridiculous if youre a donor. How bad to you feel if youre a donor that the money youre giving them to help the animals is now going because they had a specious lawsuit, right . I mean, thats well, thats right. I mean it really, i think, should be a warning shot for the public to really look into where their money goes when they contribute to charities and 501 c 3s to make sure its going to what they think its going to. Where are we, while we have you here, where are we on your view and that this economy is a 3 plus gdp economy based on what youre seeing at your operation . Well, we have various operations. Its not just ringling brothers and Barnum Bailey so we have a motorsports business, we have we operate disney on ice, disney live and we have a new show coming out marvel universe live, so what we have are special events. They come to your city once a year. We found out our business has been quite good. On a scale of one to ten, is it a seven or a three . No, i would say its up about a three. Its not what we thought it was going to be. But its still good because people wan