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presented to them after total secrecy. >> seems fair. and now, saudi arabia has owned other sports teams, including new castle united football club in the uk, and these sovereign friend took over the -- some of them may depend on what happens with the doj, but where else do you see them try to invest and buy sports teams to help their image? >> formula 1 is an obvious target. they are beginning to initiate talks with 80 ptens, the men's tennis tour. there is a distinction here. it's one thing for the saudis to invest in a sport or business. they have money in uber, they have money in -- the saudi investment fund is 700 billion dollars. they have to invest somewhere. there is a difference between that and lock, stock and barrel owning something 100 percent. most reasonable american businesses limit sovereign government investment and their companies to around 20%. the nba is doing that. the adam silver of the nba has
i want to work part time and ease in to it. the key is, have a picture of where you want to go when life gets hard, which it will. it will drive you to making good financial decisions. >> neil: well-put. thanks very much. derrick was pushing that i do this retirement story with you. thanks for that. you never know. you have to be prepared. i have to tell you, folks, it sounds simplistic, money in, money out. you can't spend more than you're taking in. it's as simple as that. maybe you'll have a long, long retirement doing that. not unless you're a prime customer. the ftc cracking down on amazon saying they're giving prime membership fees to customers that never wanted prime. what the heck is going on? >> well, neil, do you find yourself signing up for something and you go to the cancel the subscription and you can't figure out how to do it?
listen hand and that they will act if necessary. listen hand and that they will act if necessary-— if necessary. that is true, if you no back if necessary. that is true, if you go back to _ if necessary. that is true, if you go back to the _ if necessary. that is true, if you go back to the start _ if necessary. that is true, if you go back to the start of- if necessary. that is true, if you go back to the start of the - if necessary. that is true, if you | go back to the start of the week, credit suisse, switzerland's second biggest bank, but it has had a rocky few years with money being taken out of it, and the biggest shareholder, the saudi national bank, said they would not put any more money on. they were not worried about the turnaround, but had reached the threshold of almost 20% it did not want to go above it. that did spook the markets, we have had turmoil over the last few days, which adds the turmoil we have had over the last week. people wanted to take their money out, in effect, and there was the worry that if the biggest investor was not going to put money in, whether the money come from? yesterday the share price of credit suisse collapsed overnight, then the swiss central bank stepped
influencers. i think the real thing here _ influencers. i think the real thing here that — influencers. i think the real thing here that we're looking at is whether— here that we're looking at is whether or not an individual like kardashian can actually influence the way — kardashian can actually influence the way in — kardashian can actually influence the way in which people behave and therefore _ the way in which people behave and therefore influence the price of a certain stock. that's why the certain 5tock. that's why the security— certain stock. that's why the security and exchange can and became involved. _ security and exchange can and became involved, because of that fair of market — involved, because of that fair of market manipulation. again, itjust shows— market manipulation. again, itjust shows the — market manipulation. again, itjust shows the importance of some form of regulation _ shows the importance of some form of regulation in _ shows the importance of some form of regulation in these markets because there _ regulation in these markets because there is— regulation in these markets because there is a _ regulation in these markets because there is a risk that people put money— there is a risk that people put money in. _ there is a risk that people put money in, they lose their money, etc. money in, they lose their money, etc i_ money in, they lose their money, etc ithink— money in, they lose their money, etc. i think there is a bigger story there _ etc. i think there is a bigger story there about — etc. i think there is a bigger story there about the role of crypto currency _ there about the role of crypto currency in the role of influencers influencing — currency in the role of influencers influencing prices.— influencing prices. does a 1.26 million sound _ influencing prices. does a 1.26 million sound about _ influencing prices. does a 1.26 million sound about right - influencing prices. does a 1.26 million sound about right as i influencing prices. does a 1.26. million sound about right as the fine? , , ., �* ., ,, .,' fine? they should've taken her off the air. i prefer _ fine? they should've taken her off the air. i prefer a _ fine? they should've taken her off the air. i prefer a television - the air. i prefer a television without— the air. i prefer a television without the _ the air. i prefer a television without the kardashians - the air. i prefer a televisionj without the kardashians it's incredible _ without the kardashians it's incredible they— without the kardashians it's incredible they didn't - without the kardashians it's incredible they didn't take i without the kardashians it's i incredible they didn't take her without the kardashians it's - incredible they didn't take her off the air~ _ incredible they didn't take her off the air~ what _ incredible they didn't take her off the air. what can— incredible they didn't take her off the air. what can you _ incredible they didn't take her off the air. what can you do? - incredible they didn't take her off the air. what can you do? one i incredible they didn't take her off. the air. what can you do? one point something _ the air. what can you do? one point something is— the air. what can you do? one point something isjust _ the air. what can you do? one point something is just a _ the air. what can you do? one point something isjust a start. _ the air. what can you do? one point something isjust a start.— something is 'ust a start. that's the start. — something is 'ust a start. that's the start. r — something isjust a start. that's the start. |think_ something isjust a start. that's the start. | think it _ something isjust a start. that's
you're manufacturing in china, i'm out. and not only that, he's willing to invest his own money in, where? where's that place we all used to talk about? oh, america. he's going to build factories >> joey: well, california. >> tyrus: it's still ours and bring him a cup of water. but it's phenomenal what he's doing and of course the critics are going to say he's crazy but you know what? if that's crazy sign me up i'll have two of what he's doing. hats off, thank you sir >> geraldo: katie what about that fact unlike lebron for example taking on china. >> katie: con yaw west is a very successful designer, he's an independent and free man and when you do business with china, it's not a 2-way street. you give china a lot of power over your marketing value. >> like apple. >> katie: over your intellectual property and kanye west's intellectual property is what he thinks is the most valuable to him and clearly given he wants to bring jobs back from china he
just how dangerous would that be? >> it's very dangerous, and i hope they all lose. if you can't accept the result of this last election and you want to run, what's that going to do to the process? so i hope they all lose. it's terrible that that happened. by the way, interesting in michigan. this guy gibbs who beat meijer, meijer voted to impeach donald trump. the democratic party itself put money in, put money into the gibbs campaign because they thought he'd be the weaker candidate and they were able to defeat meijer who actually stood up and voted to impeach trump. now, you go figure that one out. that's kind of wacky and not good for the future of the way we do elections in this country. >> it's a big risk. it's true, the dccc put all this money behind meijer's opponent who won last night. how much of a sure bet is it that he would lose in the general? >> it isn't a sure bet --
money. he may very well have thought that given what he had already accomplished, the highest and best use of his remaining years was to spend that money helping humanity. >> it was just a few months back, if your company ended in dot-com it was a good thing. but at the end of this brutal week on wall street, a lot of analysts think the internet bubble is ready to burst, and by this time next year, a huge number of those dot-coms might be dot gone. >> a year ago, investors were so eager to buy into the internet they were happily ignoring traditional measures of success. sales, profits and growth. but reality has now set in. >> these upstarts didn't have any income. they were saying, we are worth billions of dollars. where's your revenue? they didn't have any. >> when the venture capitalists stopped putting money in, you could time the bubble. you could say you know, if we all believe this fantasy it works. if some of us stop believing,
he's a pragmatist, he doesn't approve want to spend big, so i was going to manage that and push some of his reforms, the issue of retirement is one which really bothers people here. but doesn't redo that, he isn't going to get the money in. he redo that, he isn't going to get the mone in. ., , redo that, he isn't going to get the mone in. , ., , money in. he has proposed this extension. _ money in. he has proposed this extension, his _ money in. he has proposed this extension, his response - money in. he has proposed this extension, his response to i money in. he has proposed this extension, his response to how| money in. he has proposed this i extension, his response to how to keep spending on health care and france's generous social system without raising massively taxes. his parishioners, people have to work longer to continue funding at that system. clearly, that's not a measure of it's going to be popular. he wants to raise the retirement age from 62 to 65. he wants to raise the retirement age from 62 to 655-— from 62 to 65. that doesn't go down well with many _ from 62 to 65. that doesn't go down well with many people, _ from 62 to 65. that doesn't go down well with many people, to _ from 62 to 65. that doesn't go down well with many people, to be - from 62 to 65. that doesn't go down | well with many people, to be honest! quick word on the left, did well in the first round, not get a united group, perhaps they can be, what are their prospects? it’s
accomplished, the highest and best use of his remaining years was to spend that money helping humanity. >> it was just a few months back, if your company ended in dot-com it was a good thing. but at the end of this brutal week on wall street, a lot of analysts think the internet bubble is ready to burst, and by this time next year, a huge number of those dot-coms might be dot gone. >> a year ago, investors were so eager to buy into the internet they were happily ignoring traditional measures of success. sales, profits and growth. but reality has now set in. >> these upstarts didn't have any income. they were saying, we are worth billions of dollars. where's your revenue? they didn't have any. >> when the venture capitalists stopped putting money in, you could time the bubble. you could say you know, if we all believe this fantasy, it works. if some of us stop believing, it's a prelude to its failure. >> most dot-com retail companies will be out of business by next
set up a charitable foundation were all net proceeds from the sale will be donated to the victims of ukraine and he also said he will not be calling in any loans. he has loaned chelsea one and a half billion pounds. if you consider the possible sums of money that the club could be “p sums of money that the club could be up for sale for in the region of around two and a half billion pounds, that's a huge amount of money that potentially roman abramovich is preparing to write off. the big question of course, what now for chelsea both on and off the field? , i, , , i, i, the field? presumably one of the considerations _ the field? presumably one of the considerations is _ the field? presumably one of the considerations is that _ the field? presumably one of the considerations is that at - the field? presumably one of the considerations is that at some i the field? presumably one of the i considerations is that at some point the british authorities might bring in sanctions which would put that money in jeopardy anyway. that in sanctions which would put that money in jeopardy anyway. money in 'eopardy anyway. that is what we money in jeopardy anyway. that is what we are _ money in jeopardy anyway. that is what we are led _ money in jeopardy anyway. that is what we are led to _ money in jeopardy anyway. that is what we are led to believe. - money in jeopardy anyway. that is what we are led to believe. there | what we are led to believe. there can be no coincidence here that roman abramovich has hastily tried to arrange the sale of chelsea. you can only believe that it was in badin is about possible freezing of