his hair cut at super cuts and doesn't wear shoes knows more than alan greenspan and hank paulson. >> dr. mike burry, yes he does. >> seth: please welcome to the show adam mckay. [ applause ] >> seth: how are you? >> i'm g gd. >> seth: i'm so happy you're here. >> it's odd to see fred armisen playing base in your band. >> seth: it's really cool though. isn't really cool? >> very cool. >> seth: and it's cool to have you back in the building. you worked here for a long time at snl. you were the head writer at the show when you were here. >> yes. yes. >> seth: and i was as well. there were stories about you because we do not overlap and one of my favorites is you once pretended to be yankee manager joe torre. >> that is true. [ light laughter ] >> seth: i can't imagine having the nerve to prank call lorne. but you fully did it. >> i'm not sure if it was nerve or i had been there a long time and it was tiredness. >> seth: sure. >> by the way i love lorne. he let me direct for the first time, he hired me. so all love to lorne. however when he would do and you know this, he would do the wed

look up greenspan-sanders. i helped lead the effort against deregulation. unfortunately, we lost that. the result is, was, the worst financial disaster since the great depression. >> thank you, both. >> obviously, we've touched a nerve. we'll be back with more on this subject and much more right after this. stay with us. >> okay. >>> all right. welcome back. let's get right to it. senator sanders, you were talking about all your contributions. you rail against big money and politics. do you realize there's one public financing system that we do have in place, and it is in place to run for president. why aren't you walking the walk on that? why aren't you participating in the presidential public financing system, which is designed to essentially keep big money out of presidential politics? >> we looked at it. it turns out to be a disaster. the way it's structured right now, if you make it all the way to california you can do pretty well. in terms of the early state, iowa and new hampshire, the other states, it just doesn't work. your point is well taken. i b

look up greenspan-sanders. i helped lead the effort against deregulation. unfortunately, we lost that. the result is, was, the worst financial disaster since the great depression. >> thank you, both. >> obviously, we've touched a nerve. we'll be back with more on this subject and much more right after this. stay with us. >> okay. e*trade is all about seizing opportunity. and i'd like to... cut. so i'm gonna take this opportunity to direct. thank you, we'll call you. evening, film noir, smoke, atmosphere... bob... you're a young farmhand and e*trade is your cow. milk it. e*trade is all about seizing opportunity. try cool mint zantac. hey, need fast heartburn relief? it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. >>> all right. welcome back. let's get right to it. senator sanders, you were talking about all your contributions. you rail against big money and politics. do you realize there's one public financing system that we d

look up greenspan-sanders. i helped lead the effort against deregulation. unfortunately, we lost that. the result is, was, the worst financial disaster since the great depression. >> thank you, both. >> obviously, we've touched a nerve. we'll be back with more on this subject and much more right after this. stay with us. >> okay. everyone's lookin' red carpet ready. my man, lemme guess who you're wearing... toenail fungus!? whaaat?!? fight it! with jublia. jublia is a prescription medicine... ...used to treat toenail fungus. use jublia as instructed by your doctor. jublia is workin' it! most common side effects include... ...ingrown toenail, application site redness,... ...itching, swelling, burning... ...or stinging, blisters, and pain. oh!! fight it! with jublia! now that's a red carpet moment! ask your doctor if jublia is right for you. visit our website for savings on larger size. t...to help sense danger before7 was engiyou do. . because when you live to innovate, you innovate to live. the all-new audi q7. a higher form of intelligence has arrived. ♪

look up greenspan-sanders. i helped lead the effort against deregulation. unfortunately, we lost that. the result is, was, the worst financial disaster since the great depression. >> thank you, both. >> obviously, we've touched a nerve. we'll be back with more on this subject and much more right after this. stay with us. >> okay. eks. what are those? crest whitestrips. they whiten way better than paste. crest 3d white whitestrips... whiten 25 times better than the leading whitening toothpaste. i'd say... ...someone's making quite an impression. crest 3d white whitestrips. the way to whiten. >>> all right. welcome back. let's get right to it. senator sanders, you were talking about all your contributions. you rail against big money and politics. do you realize there's one public financing system that we do have in place, and it is in place to run for president. why aren't you walking the walk on that? why aren't you participating in the presidential public financing system, which is designed to essentially keep big money out of presidential politics? >> we l

go to youtube today, look at up greenspan/sanders. listen to what i told them then. i helped lead the effort against deregulation. unfortunately we lost that. the result is, was, the worst financial disaster since the great depression. >> thank you both. >> senator sanders, secretary clinton we've touched a nerve. we'll be back with more on this subject and much more after this. stay with us. in new york state, we believe tomorrow starts today. all across the state the economy is growing, with creative new business incentives, the lowest taxes in decades, and university partnerships, attracting the talent and companies of tomorrow. like in utica, where a new kind of workforce is being trained. and in albany, the nanotechnology capital of the world. let us help grow your company's tomorrow, today at business.ny.gov at ally bank, no branches equals great rates. it's a fact. kind of like vacations equal getting carried away. more proactive selling. what do you think michal? i agree. let's get out there. let's meet these people. ♪ [screaming] ♪ ♪ the bold nissan ro

go to youtube today, look up "greenspan, sanders." listen to what i told them then. i helped lead the effort against deregulation. unfortunately, we lost that. the result is, was, the worst financial disaster since the great depression. >> all right. so much to go through here. i thought hillary clinton was amazing. she was unbelievably prepared and she was very artful in making an honest, serious election question, transforming it into an attack on her which almost, almost made -- until she called it an artful smear and people didn't buy it. bernie never went in for the kill with her. she actually kept it big picture and i think ultimately the audience loved that. >> he wins that way. >> he wins that way. >> everybody knew there were so many times you're going "is he not going to take that punch?" and he set back and he almost let the facts and her own words -- you said she did great. >> she did. >> she did well in a lot of part. >> it was a real debate. >> but there was hypocrisy dripping from that answer. first of all, an "artful smear." for bernie sanders simply

look up greenspan sanders. listen to what i told them then. i helped lead the effort against deregulation. >> so two key assertions there on the policy, kate. one is hillary clinton basically saying that this obsession with this deregulatory act is not the whole story of wall street. two, bernie sanders saying he was right from the beginning and pushing back on alan greenspan before it was cool, before it was popular. and he even implored everyone to go to youtube. the second clip i want to show you is some of their exchanges which are interesting in financial hindsight. let's take a look at that. >> you talk about an improving economy while we have lost 3 million private sector jobs in the last two years, long-term unemployment has more than tripled. unemployment is higher than it has been since 1994. does any of this matter to you? do you give one wit of concern to the middle class and working families of this country? >> i found a flaw. i don't know how significant or permanent it is. but i have been very distressed by that fact. >> and so

as joy said there was a great economic boom in part because allen greenspan did not raise interest rates. putting aside that economic boom, the question is what is the legacy with regard to african-americans from the bill clinton years. it is a double edged sword. it's very hard for hillary clinton to both be part of an administration in many respects very successful and i'm proud to be part of it but also to distance herself from the parts of that administration whose legacy is far less successful. >> the way i've thought about this when you compare to clinton presidency and obama presidency is bill clinton's biggest failures of president endured. things like don't ask, don't tell and doma and the crime bill. his biggest successes which was the tremendous full employment went away. barack obama is sort of the opposite. his big signature achievements, which is finally marriage equality and equality in the military, affordable care act, dodd-frank that endure the biggest failures have been the recovery. the austerity that was imposed that may or may not be here tomorrow. that's one of the

((sot scott greenspan, first time caucus goer )) ((brittany edney)) and to open mindedness, another woman i spoke to, says she came in completely devoted to one candidate... only to change her mind during the caucus... so we definitely saw a lot of healthy debating go on today... denise and dave, back to you. ((dave courvoisier)) > plenty of you took to social media to share your experience at the caucus. these are pictures people sent us.. with the hashtag n-v- caucus. you can see long lines.. people voicing their opinions.. and more. keep those photos coming.. and we'll keep sharing them on air.//// ((dave courvoisier)) > now let's send things over to tony smith ((denise valdez)) he's got a check of your weekend weather./// brian brennan

they created more uncertainty than they would have done than by going back to the greenspan era not saying a word. david: frightening stuff. thank you very much. melissa: did he call her an older -- david: no, no. david: drill in, don't you. melissa: oh, my gosh. campaigning in the deep south, it's a whole different ballgame with very different demographics. >> people in south carolina have always been good to my family and i intend to be working hard here. melissa: we'll take you live to south carolina for an update. david: and is it likely or even possible that come november we could be voting for a candidate who has yet to enter the race? a couple of different options. our panel weighs. in. melissa: cruise ship from hell returning to dry ground. >> i've been in bad situations in my life. i don't scare easy. that scared me. at baird, we approach your wealth management strategy the same way to create a financial plan built to last from generation to generation. we'll listen. we'll talk. we'll plan. baird. the access informationlows us to from anywhere. the microsoft cloud allows us to sca

you know greenspan was not afraid to scold the congress about not taking on big issues. for example, it's no small matter that the number of small businesses in america is shrinking and that people aren't starting small businesses because of all the regulations that have been erected. but unfortunately, the fed -- excuse me for being political -- is chockful of good democrats right now and frankly a liberal democrat at the helm. they don't want to talk about the consequences of obamacare for restaurant hiring or excessive regulations on small manufacturers. it's not just the oil companies. it's a lot of people are suffering from this, and it costs money and keeps people from investing in america. low interest rates don't help that just as negative interest rates are cured in europe they're not going to cure it in the united states. >> can i make a couple points related to that? first of all on the first point about structural problems in the economy, i frankly agree and was surprised that yellen didn't speak up more aggressively, even on something like fiscal policy. ben

even greenspan was a problem all of this. you cannot push problems away. you need to address them. you will continue to have those problems and they will get a lot worse as we go forward. >> this notion that we overdo it. i do not want to tie the two together. really handle it. it seems very disproportionate to what is actually going on. >> i would agree with that. we tend to overdo it. i think you have a tendency for people to overdo it. they do have some serious issues here. they need to be solved. we need free markets and prices. the market. not have the fed worried about price in the market. >> we have mentioned once or twice this campaign that is going on this year. just back from new hampshire. joined by meghan mccain. she has become a real donald trump fan. good to see you. >> he is on fire. i think that they had eaten each other alive. right now he will go on to south carolina with a lot of momentum and energy. >> chris christie may have added to it. unintentionally. that guy going after rubio. he just took out a shot. the party seems to be rallying. maybe for good reason.

go to my website, you will see the dialogue greenspan and i had. turns out i was right, he was wrong. anyhow, here is the point, billions of dollars going to lobbying. campaign contributions and you , have not just republicans but democrats. let's be frank. greenspan andand all those guys on the clinton administration saying we are going to deregulate wall street. get the government on -- off our backs. let us go out and do these wonderful things, the creativity of wall street. they were deregulated and they let out and they had the opportunity to do their thing. what a thing it was. it turned out to be largely fraudulent activity which drove this country and the world into the worst economic downturn since the great depression. millions of people lost their jobs. millions of people have not recovered from that karen this -- from that horrendous recession. and when they crash, they went to running to congress. these are the guys who hit government -- hate government. they went running and i was in the room. they said if you don't give a -- give us

go to my website, you will see the dialogue greenspan and i had. turns out i was right, he was wrong. anyhow, here is the point, billions of dollars going to lobbying. and you have not just republicans, but democrats. all those guys on the clinton administration saying we are going to deregulate wall street. let us go out and do these wonderful things, the creativity of wall street. they weren't deregulated and they had the opportunity to do their thing. it drove this country and the world into the worst economic downturn since the great depression. millions of people lost their jobs. millions of people have not recovered from that her in this recession. and when they crash, they went to running to congress. they went to running and i was in the room. they said if you don't give a 700 billion dollars in a few days, it is likely the world's economy will collapse. they had a three page outline of what they wanted. with the same people who want to cut social security, medicare, and medicaid. they got bailed out, under the argument that banks were too

i know my predecessor has -- i have on many occasions, i certainly remember the chairman greenspan discussed with congress the importance of addressing this. >> thank you. >> time of tgentleman has expired. >> thank you for your leadership in general, but also your participation and patience at this hearing. also want to welcome our visitors and guests here today and thank you for bringing your important message. we do talk about how our unemployment rate has gone down substantially, which it has, below 5% now. but we all know when you get behind those numbers, there is really only two types of jobs being created right now in this country, high skilled, high paid jobs, we need very, very specific skills of advanced educations to get those things and low skill low paid jobs and we're not creating middle skill, middle class jobs, the kind of jobs that have been the backbone of the country for a long time and allowed wages to grow and allow families to raise their families with one job. infrastructure, there is nothing we can do as a country to help address that problem more than rebuilding our

ouring do not miss exclusive interview with former fed chairman alan greenspan. that is tomorrow at 5 a.m. eastern time. we will see you back here tomorrow. due respect to cruise, argue really the right person to be attacking donald trump on the mafia? >> they keep pulling me back in. ♪ john: happy leave day, sports fans. we are making the most of our bonus show on the use of super tuesday. tomorrow i hope bunch of states will vote in the republican and democratic presidential

tomorrow morning, we will have an interview with alan greenspan . that's at 5:00 a.m. eastern. your morningwith tea over in london. check out how stock markets finished. the big news was from china. reserve the requirements. that's ♪ it for bloomberg markets. >> it is noon in new york. >> welcome to bloomberg markets. good afternoon. i'm scarlet fu. this is what we are watching. if you wanted to avoid the worst of the equity route, look at what analysts are recommending. wall street's favorite calls are not heading out. super tuesday is almost honest. we will tell you what donald trump could mean for investors. a crucial time for their industry. what it could mean for dealmaking. we want to get a check on the activity. julie hyman has the latest. a surprise move from china central bank. stocks are rising.

scarlet: and do not miss an interview with alan greenspan tomorrow. why: mark mobius tells us he believes chinese assets will rebound later this year. another is more cautious on the region. alix: a positive outlook. we break down those numbers. ♪ alix: welcome back to "bloomberg markets." i'm alix deal. scarlet: and i'm scarlet fu. let's head over to our markets desk where julie hyman has the biggest winners and losers on the day. julie: let's start with taser, one of the stocks in the plus column. they beat estimates by a pretty wide margin. nine cents a share and profit, up 20%. the weapons of segment -- of course, the tasers most of us are familiar with -- up 54% and ,t also makes axon body cameras that segment surging by 47%. the board authorizing a buyback of up to $50 million. also we are looking at signet jewelers today, one of the best performers in the s&p coming out with earnings, but specifically addressing concerns about its credit business, finance for customers. it lost $60 million in bad debt. that,terest is exceeding and that is whe

are bettingone, you planners and basically on greenspan, bernanke, you get what i'm saying. door number two is the opposite. you are bidding on natural markets, price areovery, that free markets adaptive, complex, homeostatic systems. i think the disparity has never been greater. you know in poker that you have even got the best hand or the worst. are made and you want to avoid the area. this is where we are as investors today. the big problem is there is cognitive dissonance here. it teaches all of us that door number two is the right one to choose. are all piled into choosing door number one. fort ever reason. it clearly feels the best in the short run. let me forget about today until tomorrow, that kind of thing. door will behe cracked open. it may be slammed open. we will see when that happens. the dreaded black swan monster. this is what used to happen with cognitive dissonance we had. beit does not all have to philosophical or theoretical. if you had listened and done it was said,ple, at the dawn of qe, do what bank is telling you to do, by risk assets, make a lot of m