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Document known as a power of attorney, that enabled mr. epstein to hire people, sign checks. >> this is an incredibly smart guy to have built what he built, basically getting the limited brand and then going over to victoria's secret. and yet turning over the power of attorney to jeffrey epstein, a guy who was a math teacher at dalton and then went on to be bear sterns and nobody know what's happened to him and why he left and also was a drop-out. so why this commitment to epstein? >> and as you suggest, he got fired from bear stearns. he was a math teacher, and les wexner gives him all this k...

Ethics watchdogs see this and see a web of conflict. president-elect said he will think it through and come up with a plan. >> i can be president of the united states and run my business 100%, sign checks. on theory i don't have to do anything. but i would like to do something. i would like try and formalize something because i don't care about my business. >> he says as president he can push this aside and leave it to the children and a lot of ethics watchdogs say wait a minute your children are in transition meeting, your children are a part of this process. you talk about having them as inf...

Trump bragging that he could run his business out of the white house if he wanted to. >> cooring to the law see i figured there's something where you put something in this massive trust and there's always -- nothing is written. in other words, in theory, could run my business 100%, sign checks on my business, i could run my business perfectly and then run the country perfectly. and there was never -- there's never been a case like this where somebody's had like if you look at other people of wealth, they didn't have this kind of asset and this kind of wealth, frankly. it's just a different thi...

That might be one of the rallies. i find it interesting because there is an image or perception problem. he nominated or appointed other figures, but bannon has been painted by many people. we are seeing recognition that there is a difficulty about that. >> i want to play something else he said about the new york times. he was asked about the conflicts of interest and being president if he doesn't set up the blind trust. here's what he had to say. >> in theory i could be president of the united states and run my business 100%, sign checks. i could run my business perfectly and then run the cou...

He made comments about alleged business conflicts. here's what he told reporters. >> in theory, i could be president of the united states and run my business 100%, sign checks in my business. i could run my business perfectly and then run the country perfectly. i assumed that you'd have to set up some type of trust or whatever and you don't and i was actually a little bit surprised. >> uncharacteristically humble. he could run the business and country perfectly. he assumed there was some kind of a trust. and he's referring to the idea that as president he doesn't fall under the same rules that...