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Oracle team usa making an incredible comeback to win the america's cup sailing competition. the team winning race after race on the way to victory. adding to the drama the team is owned by billionaire larry ellison was docked two points for illegally modifying boats in the warm-up regattas. that added intrigue to the whole thing. jim gray joins us now. i could talk a little bit about base fall and -- baseball and football but the america's cup, how is the entire competition is set up? >> the entire competition is the first one to win nine. as you point out they were docked two points before th...

Shouldn't have happened. failure to coordinate, failure to have symmetrical circuit breakers but just as quickly as it fell a thousand points t recovered 600. >> shepard: a lot of people made a lot of money. >> i'm hopeful the markets are going to step back and break a lot of those trades. because -- >> shepard: i was hearing they might today. >> we're hearing that anything between 2:40 and 3:00 down more than 60% is not enough. the public deserves to know there are going to be individual stock circuit breakers and they're not suddenly going to see a stock go from $41 to 1/100 of a penny and b...

Trump/cohen tape. plus, in defense of democracy. how far can the intel community go in speaking out against the president. and cyber war warning. just how vulnerable are the midterm elections to foreign meddling? this is "mtp daily" and it starts right now. good evening, i'm katy tur in new york in for chuck todd. welcome to "mtp daily." as i said earlier today and moments ago, we'll probably keep saying, lordy, there are tapes. at least it looks very likely that there are tapes because there is a tape from someone who was known for making a lot of tapes. everything we've learned points t th...