tv Charlie Rose Bloomberg November 1, 2016 7:00pm-8:01pm EDT
>> from our studios in new york, this is "charlie rose." charlie: fbi director james comey announced friday in a letter to congress that new e-mails surfaced person to the investigation into hillary clinton's private server. details discovered through eight private investigation into formerly congress meant anthony weiner. in a letter to his fbi staff, comey explained his decision, saying it would be "misleading to the american people were we not to supplement the record." hillary clinton called the move "unprecedented and deeply troubling." she called on the the i director
to release all details of the investigation. described theump scandal as bigger than watergate. authorities obtained a warrant to visit the e-mails of huma abideen and anthony weiner. weekews broke with only a remaining until the election. washington,ow from the chief correspondent from yahoo! news, michael smith of the new york times and with me in the studio, chief white house correspondent for abc news. michael smith, where is the smell, and what is likely -- where is this now, and what is likely to happen next? michael: this is getting off the ground. the fbi is putting these messages into a program that will allow them to go through them, or their duplicates?
are these e-mails we have seen before? is there classified information? this is not a manpower issue. it is about getting the messages in a computer that allows the agent to take a look at see what is actually there. charlie: once they get under the hood, how long should it take them? michael: that is the question. over the weekend the fbi folks i talked to said it would take at least a few weeks. last night they said, maybe we can get this done by election day. the pressure on them using the. i think the justice department is pushing them as well. they will move both heaven and earth to get this done next week. charlie: is this fair to say that everyone wants us thought before election, and i write -- am ir right or wrong? >> i am not sure. police -- unless they can definitively say these e-mails have been accounted for and are exempt duplicates of what they have seen, i am not sure they
will say anything. and i am not sure they would say that. at this point, anything they say about the substance of this matter could be construed as commenting and affecting the election. taking they have been such withering criticism at this point but the best thing they can do is just shut up until after the election. >> there is so much ambiguity here. you have the whole election predicated on what the answer to the question is. this might be absolutely not. please might be -- absolutely nothing . these might be duplicates. there is a reasonable chance that is exactly what is going on. to have this cloud hanging over the entire campaign, only to get answered a couple weeks after the election, seems to me highly problematic. a lot of pressure on comey.
whether or not it is doable is another question. there is an obligation to try and at least answer -- is this a big deal or not? charlie: how do they answer that? >> one way to answer is if this turns out a situation with duplicate e-mails. den access to her e-mails on the server, the same basket of e-mails she already turned over. charlie: is it hurting her? >> is unquestionably hurting her because it has given motivation to republicans in the time that the truck campaign was flagging, when republicans were demoralized. charlie: the numbers were between separating her and him w ere closing. >> the polls were certainly closing.
whether they were closing fast enough is doubtful. the reason why they are closing is because trump has gone over a week without a major scandal. it is certainly possible and may be likely that most of these e-mails are duplicates from before. even oneis several, or that they have not seen before -- there is a process they have to go through. does it contain classified information? >> remember, the bar is higher than that. ben comey said there has to a willful obstruction of justice or mishandling of classified information. she was always found that she was -- she was found to have classified information on her server. >> this will not change much. there were over 100 from these announcements. if you're comey, you want to
wait until the election if there is nothing here. imagine if he said hey, we look at these, and there is nothing here. he would be criticized even more for creating this whole of over 11. nothing.hubub over you would want to release after the pressure of the campaign. charlie: suppose he finds something very pregnant. michael: we are certainly not going to know that before the election. here,otential crime is why this might possibly be e-mailst, siis if these were withheld for some reason. if he once to know why this wasn't over, human abedin was supposed to release all of her e-mails to the fbi in this investigation. why weren't these?
was she hiding them? there is no evidence of that at this point. but if they find there is something in these e-mails that is classified, there is an exercise they have to go through, and is likely to play out over some period of time. charlie: is criticism of the fbi director fiaair for unfair? -- or unfair? >> committees fair that this is unusual if not unprecedented. he made a decision to affirmatively say something about investigative matter after being advised by the justice department not to do that. that is anything any fbi director would be criticized for doing. he probably should have anticipated that much more than i think he did. i know there were a lot of discussions within the dei about
-- within the fbi about how to play this out. i don't think they had someone at the table advising them just what a cure this is going to cause. charlie: he said the first time he went, he made a statement. that he was criticized by donald trump, now by the hillary clinton camp. hened if he does, damned if doesn't. >> the clinton campaign made a decision to do what they did to ken starr, do vilify the prosecutor. in this case we are talking about the fbi director. true, he served under president bush, a registered republican. but nobody thinks that he is a shill for donald trump. you have democratic partisans like harry reid accusing him of using his office to get trumped elected president. odd strategy when you
consider that he is serving a 10 year term. somebody that is trying to skip -- to tip the scales in this election. unless president hillary clinton decides to fire him, he will be her fbi director. this as theey saw lesser of two evils. i'm going to get criticized no matter what i do, but i can live with the criticisms of my judgment for doing this now. when he says "i could not live the criticism that i suppressed information before the election," he thought the history books would be much harsher on him and the fbi. that was too big of a risk for him. charlie: what happens if you discover something damaging to her? an e-mail that shouldn't have been deleted -- whatever it might be -- any of that.
>> we are in incredibly uncharted territory. he could come out and give an update on it in a few days. he might feel pressured to do that. to try and predict it is unusual. no one thought this would come back. this e-mail thing was done, it was over in july. now it is back going again. jonathan made a good point about looking past the election, assuming hillary clinton wins. yeah, james comey is going to be her fbi director. imagine what kind of relationship that is going to be if there is already going to be tengion because of the original comments that he made in july, calling her actions extremely careless. many people at the clinton camp and elsewhere criticized that. imagine they will
have to work together -- it is by the way a parallel to the first clinton administration. clinton and louie free were not even on speaking terms. idea that in a new clinton administration, once again the white house is going to be in a feud or battle with the fbi is not a healthy situation. once the fbi to have this reputation, we follow the facts, we don't care about politics. if he's seen one day going after the republicans, then another after the democrats, that plays into the narrative that we don't care, we will do what is right for the evidence. charlie: what if you are not following procedure. >> there are questions that loretta lynch has to answer.
comey not tovised send that letter, saying it violated long-standing policy. she could have ordered him not to send it. she chose not to because we can assume she did not want to faced the potential criticism of concealing the fbi from taking investigative steps related to the clinton investigation. in some sense, she went through the same sort of calculus that comey did. comey made an affirmative step to make something public. the fact that they both had this kind of political calculus -- what am i going to be attacked for if i do something? -- is worth noting here. hillary clinton's decision about whether she wants to keep loretta lynch on as an attorney general or not. abedin knows human
what is on the computer? >> i don't think so. she was asked to turn over all of her electronics, all of the stuff that could have classified information on it. and by all accounts it looks like everyone did turn over the things they had to. heard refundhave the investigation, she had no clue how these e-mails ended up on the laptop. charlie: how did they? michael: we know from her interview with the fbi in april that it one point, she routinely forwarded state department e-mails and documents to both her clinton e-mail account and her personal yahoo! account so she could more easily print them. at one point, the agents confronted her with a female that had -- with an e-mail that pakistanichment of a
policy paper that was attached to her yahoo! account. did was asked how it -- it was asked how it got there, and that is when she explained. it seems that this laptop of her husband's had this personal or professional account on it, and that is how they got there. this could well have the kind of content and possibly -- kind of substantive ane e-mails on it. whether they were turned over as overproduction is what we do not know at this point. charlie: did she say it was policy documents, or state department pronouncements? michael: her judicial watch civil deposition, she said she forwarded state department press clips from the yahoo! account.
302,f you read the fbi which i did over the weekend, there she is confronted with this policy paper, a pakistani politics part. she said, this is the sort of material she routinely forwarded to that yahoo! account. there is a discrepancy between what she said in the civil deposition and what she told the fbi in april. charlie: i assume they would not be classified, would they? michael: i think some could be. charlie: so she was sending things to the computer that was classified? >> we know there were classified e-mails circulated between hillary clinton and her senior staffers, including huma abiedin. all help meyou can understand, what hillary clinton supposedly deleted from her server, 30,000 e-mails, they
were supposed to personal and in no way official. >> yes, the fbi was able to recover those e-mails. comey in his congressional testimony said there were official state department e-mails deleted as part of that. the clinton team said they did not go through each one with an algorithm, and that there could be some mistakes made. charlie: harry reid raise the question if the fbi is sitting on evidence between the link between trump and vladimir putin and the russian intelligence operations. do you know anything about that? saying, what reid is okay comey, you make this public about the e-mails, but there is this other thing with trump and you are not talking about it. why are you talking about one and not the other? what the fbi would say, comey make this pledge to be as
transparent as possible in the aftermath of the investigation. he would say that he made this pledge, and that he has to update congress, because he told them the investigation was completed. charlie: are there polls to indicate what is happening? >> we have an abc news tracking poll, 2 days of polling data post-comey. what it shows is further tightening of the race. a one-point lead nationally. in the background states, there is no polilng. that republicans or more energized and likely to vote. it is now a one point race nationally. charlie: both michael's in washington, can you believe comey will say something before the election? michael: i thought he might, just to explain it. latesttest on hearing --
i'm hearing is no. i think he is taking it day by day. he is certainly hearing all the criticism he is getting. that has to sting. some of the critics or people that he has respected and works with. larry thompson, his predecessor, his deputy eternal signed an op-ed taking him to task over this. that is not easy for him. i don't know that at some point people want to explain himself. michael: i would be surprised. the fbi's hope is that they can get through this stuff without anymore headlines. to mike's point, there was this eric holder op-ed in the washington post extremely critical of comey. holder was the attorney general lynch -- the attorney general
capital china, its portfolio including the countries major trex company -- major backed companies. but firm has brought companies into the chinese market, linkedin, airbnb. last week zto expressed the sequoia backed -- the largest you are offering since 2016. i am seized to have him at this table for the first time. welcome. it is good to have you here. tell me where you think the chinese economy is at this point. >> if you look at last 10 years, gdp growth has come down. the quality of the growth has improved. if you look at the consumer economy, their weight in gdp has moved up. the last year or so, you are hearing very strong policy toward the supply-sider form. clearly the government is trying
to push for the consumer economy to take more weight. and the service industry can respond to more weight. charlie: do you worry about debt? >> clearly that is an issue people have talked about. with a high-cost economy, all of those issues could be solved. looking at today's chinese economy, there is something called a new economy and old economy. pulled economy is traditional -- old economy is old traditional businesses. the new economy is about sectors like information technology, health care, and consumer sectors which link to the consumption. charlie: using american companies like apple make huge investments. >> exactly. in different sectors besides information-technology. there are health care companies,
consumer companies -- all want to penetrate into china. charlie: how long will it take to turn this economy around from being an export to a domestic consumer economy? >> a a lot of things are in the mix. great progress has been made. i don't know how long it will take for the consumer economy to want to the type of percentage that you see in the u.s. the trend is good. look at one data point. 11, which isember the online shopping day for chinese consumers, 14 billion transactions. one single company. in the u.s. we know there is a cyber monday. the chinese consumer clearly has a very big appetite. i think this is the way to go. charlie: these alibaba going to
go global? >> it is very much so. in fact today they have sales in the u.s., and to europe, and the middle east, south asia -- if you look at all the major companies in china, alibaba -- all of them have international space issues. charlie: what about financial markets? >> they were volatile last year. [laughter] charlie: that is an apt description. >> it is getting much better this year. we are seeing clear report measures in place. china has encouraged the new called -- the so-called new economy companies to get listed more easily in china. reforms --e of those those are some of the reforms the chinese government putting in place.
charlie: he went to school in china, then came to yale? you decided that when were really good and china, he would leave wall street and go back to china? >> i got a call after i had worked at citibank for two years and someone said, we want you in china help the chinese company to raise money. i decided, that is great. that is just the starting point of chinese companies rated money -- raising money. brothers andlehman worked on a number of chinese equity financing. charlie: you were involved in a company that you helped build, and the expedia business. >> that is right. i am proud of that experience. after working in the industry for more than six years, i decided i should try something more entrepreneurial.
with twoed the company of my friends. c-trip, meaning chinese trip. charlie: kind of an expedient china. -- expedia china. >> right. today we're almost the same size as expedient. it is a $20 billion market. charlie: you decided to go into venture capital. with sequoia, but making it run from china. >> yes. it is a very great set up. on the one hand, you have the global brand, the 40 year experience on a global business with sequoia. at the same time, we had a decision-making on the ground by local teams. that is important. unique dynamics in china. oftentimes, some of the things
that work in the u.s. will not work in china and vice versa. charlie: does china have the equivalent of a silicon valley? >> we don't look at one single city. you can combine the cities of beijing, shanghai, shenzhen and comes up. charlie: think about what you just combined. [laughter] >> exactly. and to some extent, there is a unique edge for certain sectors. you have wonderful manufacturing facilities. a wonderful supply chain already in place. for a consumer electronics company, you might have a better chance to be successful in china compared with in the u.s. charlie: what do you advise american companies that want to penetrate the chinese market -- cars, household appliances, or whatever they sell? >> 30 years ago if you were a leading u.s. company, if go into the chinese market, it was an
easy exercise. today, the local companies are very competitive. you may need to think about whether you have an edge. charlie: you need to have a local presence, too. >> right. you need to localize your products and services. you are better to do that working with strong local business partners and with a local team. the chinese businesspeople are very entrepreneurial. you need someone of top talent in china that has the entrepreneurial mindset to help you, not just another guy listening in the head office. charlie: what happened with uber? not just what happened, they went over to compete, and basically said no, we're going to combined with the largest chinese company. they will buy us, and we are out. >> there are sectors in china where receipt -- where we see an example. there are two local companies.
to merge.ey decided another company we founded, its competitor is like the yelp of china. today, whetherna it is the major american tech success, google or facebook, there is a chinese version. they have such a big market, they are able to grow very fast. correct? >> correct. increasingly more to see some business models that you never see in the u.s. charlie: what are they like? >> for example, thdgi based out of shenzhen. they are losing manufacturing capability. they have done a wonderful job to increase market share, beating competitors globally. again, it is original technology
developed in china. charlie: take apple for example. looking at the phenomenal success of the iphone and iphone 6, the chinese market was a big part of that. >> for sure. charlie: it is declining, yes? >> it is a very competitive product offering. it is no different. go to india for europe, you will have the same challenge. any company -- you have to be competitive. chinese consumers are getting sophisticated. there are a lot of local companies that have very technique analogy. -- very unique technology. charlie: with apple, there was skepticism that their price point we be appealing to chinese consumers. it turned out, they wanted quality. >> if you look at a few emerging chinese, they also have high quality. --chinese brands, they also have
high quality. you have to compete effectively. there is not really a policy issue. it is, how much product is competitive? make sure you have local partners to work with you. charlie: as more people come from property and the middle class and any other time in civilization in china, it creates huge growth. including the chinese buying overseas products. i think that is great. i think that helps u.s. companies. many u.s. consumer companies could hire to that demand. charlie: tell me about cto expressed. >> that is a fantastic story. charlie: sequoia made $1 billion. >> a lot more than that. he never went to high school.
he started's business with his fellow friends. he was brought up in a mountain. he identified his opportunity forpeople who want filling servicea when they buy products at alibaba. he notices an opportunity and executes it. it is not easy. charlie: there was a ton of money on delivery so they can deliver within hours. >> and they became the largest express delivery company in china. flick header -- 15 million packages delivered daily with high quality. charlie: one man with no high school education, was it? >> he started before his high school. up in a mountain village, just about a one point 5 hour drive. charlie: what do you attribute
to his success? drive? being good? >> first of all, he is a smart businessman. business savvy. second of all, he runs his business with transparency, with shared success with customers. i think he had the right partner. we have been a big help. charlie: speaking of that, you are in business with our emmanuel. >> they have been in china for more than seven years. they have not done well. we want to help them to escalate that to the next level of success. the sports market in china is just the name recession. charlie: marketing sports. media,ts, events, including online media.
when sports 10 years ago people started looking at the entertainment space in china. when people pay more attention to all of those sports activities, advertisement dollars came in, and this was the right time. we were already doing well in china. he has golf tournaments, various events in china. but with local partners like ourselves, i think we can become a dominant force in china. charlie: you don't talk much about the government. neil: if you're looking at the last several years, i think the g--icy is very favorin i will give you a few examples. there is a strong promotion about innovation and entrepreneurship. they are building a system around that. including government supported funds. this is an important factor in driving entrepreneur spirit. charlie: you travel around the world.
you go to india. what is happening in india? neil: i see a similar dynamic compared to china. fact, especially like china 5 to 10 years ago. internet is growing rapidly. they are disrupting many traditional service sectors. technology has been applied more intensively. obviously people are catching up fast. i see some very similar dynamics just like 10 years ago in china. charlie: is google back in china? neil: i don't know the details. if a u.s. company goes to china, they should do it the same way they did with linkedin and airbnb -- find a local partner, full of the local policy, and trying to compete in the market. charlie: you were the local partner for linked in, right? >> neil: that is exactly what you need to do. the market is competitive, and you need people to help you. charlie: thank you.
thingyou can't feel a you just roll with the punches aww yeah ♪ charlie: i am pleased to have taylor goldsmith at the table for the first time. welcome. there is a what written about your efforts to find the right sound. tell me about that. what is important, what you didn't want to be, what you did want to the, then how do you do that? taylor: like a certain degree -- i feel to a certain degree, a artist shuns a label that is put on them. if you start to tell nirvana, you are a grunge band, i feel like they would resist that. or an example. someone like neil young, you can tell how much of the music
changes, it is clear that the artist identifies himself as something that goes way beyond a simple job. -- simple genre. for us, folk music for 1970's music is a big influence. but just as music that has been laid -- been made these last few years. like any artist, you want to give the full spectrum of what inspires you and what you want to express. in that sense, it is always exciting and inspiring to try and incorporate whatever else that means so much to us, but has not yet become because of us. -- become part of us. charlie: being unique and authentic. how you don't sound like somebody else. taylor: and honoring what feels good about what you already are. not abandoning your sense of self, but elaborating on it.
charlie: you made a comment that part makes the suggestion -- that art makes a suggestion, and sometimes art is disruptive. taylor: i feel like there are so many artists that can make a mere announcement, and it can be so effective. i can sit with the guitar insight "she left me, i am all alone, ia m sad."that will make people feel sympathetic to some degree. but if you leave it at that, it can leave someone hanging. whereas the great stuff -- not always -- but it has an opportunity to offer a means of moving forward. whether that is through the lyrics or just the sound of the music. something that offers a suggestion where you can take something and learn from it and feel empowered or feel edified because of what the music has brought you. charlie: is "we're all gonna
die" sad? taylor: there is the song, and there is the album. to me, it is not sad. as a songwriter you have to write about what buyers you. -- what inspires you. you spend time dwelling about the things on your mind. the idea of death, or with that song, it is more about our purpose and sense of self. charlie: you separate yourself as a songwriter from being a guitarist or a vocalist or anything else. or is this all the same, coming under music? taylor: i would consider myself a songwriter at first. i like singing my songs. i have never had that feeling like i want to go to a certain city and start writing for all these people. i like being in a band and love playing guitar and singing. that is what compels me to stay with it. charlie: is the live show the
best thing for you? he would much rather be in a live show than in a studio recording an album? taylor: i feel more comfortable on a stage. we clock so many hours on one. where in the studio, it lasts about one month each. i still feel green, like this is brand-new to me. on stage, it can change over the course of night to night, but from song to song. i feel like we are all communicating in a way that we can't otherwise. audience and band. charlie: do you feel like the audience comes in without a you, andn orf whatever you can do in the three hours, you can change what they see and know about. taylor: i think it is earned. it's not so much, you are going to come here and be quiet and let me do this. i want to get to those slow ballads where everyone sends softly and feel like you wanted
to be quiet and engage with us. i like the idea of looking at the relationship between an artist and audience as a band. we have to get to this place where we are in line with each other. when you guys want to get big, we all want to go there together. and we want to do the same thing. charlie: the same rhythm. did you identify yourself as foklk? taylor: i guess so. when we begin we were unaware of so much important music. i to a lot of leonard:, bob dylan, and they said you sound like you are from california. but i did not know what that meant. people said, you have to check out jackson browne and joni mitchell -- artists that i was only peripherally aware of. charlie: you wanted to be
informed, but not exactly like them. taylor: we only started doing our homework when people started associating us with those artists. but when people said, you guys are a folk band, i guess that makes sense. charlie: two debuted number one on the folk chart. taylor: that is great. i think folk is more of an ideal. it is so impossible to put into any kind of sonic context. athink that folk -- it is matter of perspective. if someone is born lyric conscious, that is -- people will say the words country or folk. it doesn't matter if it sounds like lady gaga. b the way that people interpret it. charlie: it gives you a chance to be a new band. taylor: i think that is something that any band depends on. look at any artist that we all
love that is been able to stay around through the years. there is always a turning point. in most cases, several of them. did they aren't brave enough to take those steps, they don't say in the conversation, it seems. charlie: this is an album and songs about what it's like to fall in love. taylor: an indirect way, yeah. charlie: were you falling in love when you are writing songs? taylor: yes -- for some reason, at this point in my life, that aspect of my life became more sacred than it had before. i became something that i wasn't as comfortable with putting on display. the songs are not necessarily about that directly, but i felt like i had this wake-up call. i felt like i had realized a certain joy, like i said, a certain sacredness that i never experienced before. evenongs come from it,
though they are titles like "we 're all gonna die." she is an actress, working really hard with that. she is as busy as ia m. charlie: you open for bob dylan on his 13 tour. taylor: goti to meet him briefly. it was obviously a high point in my whole life. charlie: did you talk about songwriting? taylor: it was 20 seconds. [laughter] , he said, wastion that valid you played? -- that last ballad you played? obviously that meant the world to me. i love all of this stuff that is going on. charlie: it is a recognition of songwriting as a series literary expression. taylor: i read an interesting quote about all these playwrights have gotten the same
back nobel prize for literature. stuff is not intended for the page. it is intended to be heard. for that to be going to a musician, it is no different. i love that it inspires the debate. a have a professor started: the right away -- that started caling me right away, what do you think? i am a songwriter so maybe i am biased, but i think of course he deserves this. charlie: is it constantly changing in terms of how you see the music evolving? or do you discover it? is there more vision, more plan, or just being open to wherever it takes you? taylor: i think the latter. for us, it has always been a a work of artting that starts to resemble our commitment to it.
my heroes, musicians and otherwise, go beyond one movie or album or book. looking at the big occasion that spent -- the dedication that spanned 30 to 40 years. like what you do. these guys that have dedicated themselves to what they love for so long. rather than say to you, i want to play in front of 50,000 people that as much as -- as much as i would like that, i want to be able to show my kids, look at these 20-30 records that i made that speak for my time at this age. charlie: much success to you. thank you. dawes.all gonan die," here it is. ♪
when the tequila runs out, will be drinking champagne some girls forgot their bathing suits but felt like jumping in the pool right after making sure the underwater lights were on i was staring at eight select, blushing like a fool letting everyone pretended like they hadn't planned it all aong then our hosts bust out of his bedroom with his glasses slightly bent he gets up on the diving board to tell us how he feels. ladies and gentlemen, we've begun the initial descent, now
john: i am john heilemann. mark: and i am mark halperin. with all due respect to 7-eleven, allegedly donald trump is a wawa man. ♪ mark: we are just one very endless week away from election day. we are in eau claire, wisconsin, where donald trump is holding a rally tonight. questions swirl about whether his narrow path to presidency is maybe widening a bit. they are making a final push for votes everywhere. trump announced today, he is spending $25 million over the