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Let's bring in. joins us now from london it will be the biggest i.p.o. of all time but the saudis were planning to make. the sale why did they have to pay back their expectations. well i think their expectations were ultimately slightly high to try and value the overall. business 2 trillion to me was partly a vanity project but very valued and when when they were when they were asking the overseas investors to get involved it was lukewarm pretty much of what he said it's 2 trillion is far too much more realistic valuation now seems to be around the 1.7 trillion to 1.7 trillion but even then i ...

Trump has more than $100 million in his with the rnc having hundreds of millions of dollars. so bloomberg, with his $52 billion, is looking at this like, you know, there may be some opportunity here. gillian: eric, $52 billion in his pocket, a lot of, you know, republicans are saying this is really a vanity project for him, it's not serious. if he was serious, he would have taken the steps he needed to start taking, you know, a year ago. >> well, i'm not sure about that. democrats said the same thing about donald trump when he came into the election. i think bloomberg looks at this and says jo...

Be really less courageous than ambassador yovanovitch and might not want to expose themselves to the ton of bricks that this president is capable of dumping on anyone's head through his twitter feed the moment they displease him or say something that exposes him. he's obviously terribly insecure, he's insecure even about his own legitimacy as president. that's why i'm increasingly inclined to think of him as the anti president. he doesn't really know that he's there legitimately. that's why he wants to cover up russia's role in getting him there and pretending it was ukraine and he is simply t...

If you want to get rid of trump. that's how to do it if you are a billionaire right now, not having a vanity project that's going to buy a few ferraris or beach houses. >> jason, if you listen to the republicans, the democrats are coming for your guns and money. bloomberg is coming for any large shipment of drinks into the house. what's going on right now in your view in the democratic party? >> this sort of fear that they always have it. maybe we have gone too far and they don't seem to want to listen to what the public is saying. this is the party of the world. 40% of the democratic primary ...

>> coming up, we are going to be talking about doral bedbugs. >> hold a second. and i'm serious. i want to be careful here. don junior did not buy the books in bulk, the rnc bought the books in bulk and there is a big difference because if it's don junior, he has his right do it like i'm sure a lot of rich people do that. i never did because none of my books ever sell. but, if the rnc did it, then what that means is probably at the instructions of the president, they used people who had given them $25, $50, a lot of trump's working class supporters to help get republicans elected, they used it...