presumptive nominee goes ugly early. tonight, hillary clinton responds and michael moore whether or not the republican civil war is good for democrats. donald trump caught negotiaing with himself on raiing taxes. >> to the wealthy, i think frankly it's going to go up. >> the department of justice officially goes in on north carolina. >> the state sanctioned discrimination, never looks good and never works in hindsight. >> "all in" starts right now. >> good evening from new york. i'm chris hayes. having all but secured the nomination of a party that struggled for years to engage and win over women voters, especially in presidential election years, donald trump spent his first weekend as the gop's presumptive nominee leaning in for lack of a better term to the war of women. one women in particular, like any with a long career in public life, hillary clinton has an extensive record with plenty of material for possible substantive criticism. that does not appear to be trump's approach. instead he's making his attack on clinton's gender arg guing she is effectively an affirmative action case

tonight. thank you very much to all of you. appreciate it. >> thank you. >> coming up, michael moore is here to talk about 2016, donald trump, and what donald trump doesn't understand about america and the world. t interesting. why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savin

you, rachel. michael moore will join us tonight. his film is the perfect summary of what donald trump does not understand about the world. also tonight, a key member of the obama campaign war room will tell us about the single most important thing that donald trump does not understand about winning presidential campaigns. but first, we are now less than 12 hours away from donald trump's meeting with the man who will be in complete control of the trump agenda if donald trump does become president. >> mr. trump goes to washington. >> his fellow republicans are slowly getting behind him. >> this is a wild week in washington and tomorrow will be the main event. >> though some of them might be back there to push him down a flight of stairs. >> it's the most anticipated closed door meeting in recent memory. >> you want the first time you endorsed donald trump to be special. >> we need to get to know each other. >> shut your eyes and think of reagan. >> there are low expectations for this. >> this is a big ten party. >> snake belly low. >> it's broken into three different factions within the

michael moore and talk about what needs to be done and who needs to go to prison. >>> plus, brand new details about the final moments of the life of prince. even a lifesaving mission on the day he died that was too late. ♪ >>> good afternoon, everyone, welcome to the lead, i'm jake tapper. well, folks, there you have it, donald trump is the presumptive republican presidential nominee, having vaing wished all his republican vie valls including the final holdout, ohio governor john kasich who is expected to drop out of the race in just a few minutes. trump is pivoting to the general election, starting to vent potential vice presidential picks and promising to eviscerate hillary clinton who just previewed the attack she'll take against trump in an exclusive cnn interview branding him a risky loose canon. >>> as trump shifts his focus we're starting to see how many of those never trump stall worths will end up backing the party's standard bearer. jim acosta in new york where trump is plotting strategy. we're already seeing some members of the party who said they would never support trum

michael moore, a bernie sanders supporter who says democrats have reason to be concerned about mr. trump's chances. but we begin tonight with trace gallagher reporting from our west coast newsroom. trace? >> megyn, donald trump is trying to convince west virginia voters that he's dead serious about supporting coal and bringing back jobs. and as the political pendulum swings, he is gaining a captive audience. consider that in 1992 bill clinton dominated coal country, so much so that in many counties along the appalachian mountains clinton won 70% of the vote. but there is clearly a democratic decay, erosion that was helped along by the obama administration declaring war on coal. with the president vowing to bankrupt new coal plants. and then hillary clinton appearing to double down saying, quote, we are going to put a lot of coal miners and coal companies out of business. clinton called her comment a misstatement, but trump won't soon let her forget. watch. >> see, i'm going to put the miners back to work. she said, i'm going to put the miners and the mines out of business. and the

. >> positive. we played in 50 film festivals. harvard 10 times. melissa: yeah. even michael moore? that blew me away. you said during the break michael moore, progressive side, what you're saying is really kind of libertarian point of view. you have to help the people with basics. they have to do it for themselves as they said to have seat at table. even michael moore so progressive liked what you have to say. >> we won aat libertarian film festivals. michael moore said this would change the feeling about poverty. melissa: my gosh. >> we treat poor people like objects you have our charity. objects of our pity and compassion. melissa: okay. >> instead of protagonists of own story of development. melissa: we to go. break right here. michael miller. poverty inc. go see it. david: i am seeing it. many people laughed months ago at idea of trump becoming gop nominee. one columnist literally eating his words.es ♪ equals anti-social. hey guys, i want you to meet my fiancÉe, denise. hey. good to meet you dennis. is it keeps the food out. for me before those little pieces would get in between

have a 6.5 billion 2018 target. it does not seem so crazy anymore. mark: michael moore leaves the u.s. financial -- leads the u.s. financial team for bloomberg news. have they turned a corner or not? it has only been two months since they had to revise their strategic plan. the lack of surprise was good news. having it the study through the restructuring. mark: good news on the cost cuts. winding down the unwanted assets? michael: they're going faster than people anticipated. they are halfway through their annual cost cutting in the first quarter. there is speculation they could go beyond what they originally laid out. they are getting rid of some of the distressed debt that caused so much loss over the last two quarters. news? why the good what is happening in credit suisse's business that is allowing him to do this? onhael: he has been betting wealth management, and that held up ok. the prophet there and in the swiss unit were flat to the year earlier. it was all in the trading business where you saw the losses and the non-core business . the businesses they are investing in hel

, flint's most fame son, mia filmmaker michael moore will join me. but first the cnbc market wrap. >> we had stocks ending lower for a second straight day. the dow sinking by 99 points, the s&p off by 12, the nasdaq dropping 37 points. shares of tesla are higher after hours, they gave an upbeat production outlook. the stock ended the session lower after the departure of two executives. whole foods is rallying and adp says employers added 156,000 jobs last month, fewer than expected. that's it from cnbc, first in business worldwide. both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting mo

common in the mainstream media. "60 minutes" used to do this stuff, michael moore clearly does this stuff. one way to expose it is if you are as a journalist writing about this focus group and you wrote that the audience was flummoxed and paused with dead silence if they didn't have an answer, that would be an absolute lie. and that is exactly what they're trying to convey with the video, and it's just not true. and i agree with you entirely, it's a totally bogus non-apology. kimberly: yes. it's really terrible and so offensive. it's almost as bad as some of these clinton campaign ads you see. it's unbelievable how it tries to demonize gun owners. they should be outraged. this should be edited, corrected, pulls -- meghan: it shouldn't even air or at least not under the implication this is an actual documentary, because this is like a michael moore movie, if you will. >> i know people who have done interviews with "60 minutes," and one of the things they insist on now is they be allowed to record or even have their own camera crew in the room and that way they can't be negatively edi

the private insurance company out of there. john: michael moore made a movie about that. he claimed government healthcare was better than profit-seeking business. i pointed out when profit is involved, people innovate. >> cell phones are better than i used to get. >> you know what i say to people? when are they going to invent a cell phone? john: progressionives' hatred of the free market is so bad they can't acknowledge what the market does. the pride of the soient bloc. -- of the soient bloc. it -- the soviet bloc *. but it's an awful car. it pollutes heavily. this is the best governments could produce. don't even use those for examples. >> i understand why some people don't like the government running things. but the government used to be really good at things. >> if the government is so good at giving all this care, why are patients coming from england here because they can't get an mri scan for 9 months. we get patients from canada who say i don't want to wait 9 months to fix my knee or shoulder. i need this fixed now. john: lasik eye surgery and cosmetic surgery is consumer dr

impacting the jobs market, let's bring in michael horn. let's start with goldman -- michael moore. let's start with goldman. they typically do a 5% cut every year. this year it is going to be a percent and they are bumping it up to 10%. this reflects the environment, the tough markets and perhaps the outlook for the rest of the year as you typically do not see the cost savings from these types of cuts for six to 12 months. this certainly does not bode well for the outlook. mark: banks are having to deal with all sorts of issues. this is the chart of the vix, the volatility gauge in the u.s. we have written a lovely story isthe bloomberg, not only there plenty of volatility but there is little volume. left.t the bravest have chief executive has called it paralyzing volatility that is scaring away clients and causing trade revenue to tumble to the lowest since 2009. clouds, any light at the end of the tunnel when it comes to this from all the banks that we have heard in the last few weeks? michael: i think there have been a few that preached the message of this can turn in a hurry, sentime

so next let's take on the socialist fantasies of people like michael moore and hillary clinton. >> single-payer would have lower many people clean their dentures with toothpaste or plain water. and even though their dentures look clean, in reality they're not. if a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. that's why dentists recommend cleaning with polident everyday. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. ♪red roses too ♪i see them bloom ♪for me and you ♪and i think to myself ♪what a wonderful world ♪music ♪i hear babies cry ♪i watch them grow ♪they'll learn much more ♪than i'll ever know ♪and i think to myself ♪what a wonderful world ♪music ♪oh yeah john: get a grip stossel come at the hospital. ranting about your customer service, get over yourself. that was a facebook post from someone named melissa. a lot of people were angry

partners. >> and michaelle moore won for "making a murderer." this is what he had to say about the battle between amazon and netflix. >> well sh, google is new, but netflix is a force for good. what they are doing with the theatrical along with the netflix is the way to gox and for non-fiction, it is a tremendous force for good. >> a tremendous force for good, said by michael moore, and one of the most interesting parts of last night, kara swisher p presenting the first ever "break the image" award is kim kardashian who breaks the internet on more than one occasion. >> we won't forget that image. and now, they are going to be repositioning with netflix, and narcos and the lines are getting blurry all of the time. >> yes, and the consistent problem is to get paid. netflix is playing month to month, and youtube is doing that with red, and so that sis a tred we will see. >> it is gaining the reputation of second life for content that appeared in the theaters and them on television. so now, a second life. >> and now, talking about mashables, that is making it big in videos. we will be joined

session, up by 2.7%. -- ubs is going on as we speak. let's bring into the conversation michael moore, who's with a subset. good to see you. sum up the banking sector for us. we've had numbers from hsbc, from ubs, from bmp. brady want to focus? michael: it's really how bad was it? everyone knew it was going to be bad and it means people are reacting to have drastic. hsbc was down but not as much as people ask acted whereas ubs and commerzbank were down 50% or more. it's a matter of degree of how bad it was. the key factors was how can businesses change strategy to take on the troubling headwinds they still see, and how much in the short-term can they take out? michael: right. it has been a lot about cost-cutting. you have seen that in the u.s. and in europe. when you have a volatile market, people want to see that you can react to that. what we have seen with the market volatility is everyone knew it would affect the trading investment banking businesses, that it seems to have affected across the board. you have heard that from some of the more retail banks, ubs preaches the consistency of w

with the republican party. donald trump now is sounding like a left wing michael moore whacko. he's oblivious evil of the clan and just coming in as somebody flying and say whatever he has to say, george bush is a liar, john mccain is not a war hero, a disabled reporter should be mocked and laughed at, all of this stuff to me make him unqualified to be president. >> congressman king, these were not on the fence statements here, nothing in common with the gop, left wing michael moore whacko. what changed, why are you supporting him now? >> well first of all i made it clear that i would support the nominee of the party so i'm supporting him as the nominee, and i will vote for him. however, i've also said that i will not be able to campaign for him or be part of his campaign effort unless he somehow consolidates or gives some coherence to his statements. i would say my position vis-a-vis donald trump's position is the same as paul ryan's, except paul said he's not endorsing him yet. >> to be fair, congressman, that's a big difference. >> yes, it is, but the point i'm making is that as

next team leader michael moore is turning us from london live with a preview. what is your reporting telling us? michael: we have a couple of items on the docket addressing long-standing issue, whether it is an independent chairman or investing for people who go into government work. neither of those are expected to gather a great amount of traction. what you are going to be focused on is the common territory but the banks' decision to stick with the trading business after a rough 12 months. and really a rough four or five years. david: this is not a good period for those holding goldman stock. how much pressure is lloyd going to come under? michael: he will get a lot of pressure from the bank strategy and decisions that stick so strongly in the trading business. he is going to point to the cost cutting, the shrinking they have done of the balance sheet. there are real questions. you have analyst coming out and saying the second quarter is expected to be down as well for trading revenue across the industry. so this is a business that has been in decline over the last several years. d

going to hand held devices to help them. where is michael moore and sean penn in this. stuart: where is their money? they're the supporters of the socialist venezuela. ashley: when oil prices were high, instead of saving its money, they use it for government spending. stuart: this is a gross failure of a dictatorship liz: 90% taxes. stuart: and other stuff, too to the corporate front. home depot, we've been covering the retail ice age, but they're bucking the trend. they're a different retailer. ashley: they are tied to a whole different sector out there of consumer. sales up 6 1/2%, remarkably good and upping guidance for 2016. the housing market has shown signs of recovery, that means more people are doing home improvements, to do up the house either to stay there or move on and sell it and because of that, the numbers are very, very good. and better than expected. stuart: look at that, the stock will open down about a buck. i mean, what more-- >> yeah, probably. lowe's reports tomorrow. stuart: there's another retailer bucking this trend and that's children's place. they're not as

and he is feeling good about trading in the first quarter. let's get to michael moore who follows the u.k. banks. when you look around the world, there are so many risks and that means risk to trading and capital markets. michael: it does, and it does not seem like that is going away. you had some analysts come out and say the second quarter is likely to be down again after we saw significant drops in investment banking revenue in the first quarter. while gorman sees upside once things get better, the question is when is that going to happen? i just mentioned this, i refuse to believe that things are normal in a millieu of negative interest rates. what are you seeing in terms of the development of the corner in returning -- reporting of revenues and earnings that is affected by negative rates? michael: you are certainly seeing that on the retail side in europe. some banks have started to move to try to address that, to pass that along to customers but there is not a ton of room there. have some competitors and when people think that this is a temporary thing, they are willing to take

. how many people do you know that have gone to a michael moore documentary and said that was great. i want to see the counterpoint. >> exactly. that's what it is. i love documentaries, but i take them with a grain of salt. >> sure. >> as do you? >> everything is a lie. there's no truth. this is a lie. what she did or whatever did. that is deceptive. i heard about this on npr and they were the ones that said -- when npr says you are anti-gun propaganda is off base you are doing something wrong. they are trying to help you out. >> the thing is they have been doing -- i think the anti-gun people, they don't understand why they are not getting that ir way because it seems there are tragedies and they think it is so obvious that there has to be more gun control and they are not getting it. i think they are pushing too hard. don't you think? >> when you are 100% convinced that you are right and don't want to listen to anyone else you tend to stick to your guns. >> yeah, that is what happens. >> they are stubborn jerks like everybody. >> like everybody. okay. time to take a break. when we co

with women. >> the presumptive nominee goes ugly early. tonight, hillary clinton responds and michael moore whether or not the republican civil war is good for democrats. donald trump caught negotiaing with himself on raiing taxes. >> to the wealthy, i think frankly it's going to go up. >> the department of justice officially goes in on north carolina. >> the state sanctioned discrimination, never looks good and never works in hindsight. >> "all in" starts right now. >> good evening from new york. i'm chris hayes. having all but secured the na

policies. joining us now, michael moore believes the bloomberg finance team. let's rattle through them one by one. ubs is freaking its investment banking operation to focus on wealth management. strategy, at least in this quarter, doesn't seem to be bearing fruit. >> they got hit on both sides. the investment bank, which has been shrieking, had its worst start to a year since 2009. the wealth management, which everyone thinks of as very stable business showed that it also is subject to that market volatility. the revenue debt -- there was down more than 20%. while that is more stable than trading, it is not exactly what you think. mark: what is of concern is that clients are avoiding risks and that is unlikely to be resolved in the for seeable future. that is something that all banks will be worried about, isn't it? >> that is what we have heard consistently from all of the banks. whether the u.s. or europe. deutsche bank talk trading been done for the year, with such a tough start to the year, it puts you on the back foot. >> is this the start of where we will start to see the impact,

with some guy you just met off the street. she's got the momentum now of michael moore and quick sand because she can't get around this. she has to. >> let me ask you. sheryl mills who was the chief of staff for hillary clinton, she did an interview with the justice department and the transcript was released today and there were a lot of instances where her lawyers objected and said she shouldn't answer that. the thing about the time is she's finished her interview but i was looking at the dateline, the last interview schedule is for june 28th. i don't think this is going to be done before the convention. it would take too long for the justice department to get through all of that. >> let's see what determinations they have made thus far. this has been a little bit. justice delayed is not justice denied. let's see what happens. is it going to be in time? that's circles back to what bernie sanders is saying. this is not the safe choice. you are playing russian roulette with the democrat party. there is a major investigation going on. the people are anesthetized to this. they are n

the names in european banking speaking to bloomberg today. john bellows is with us and michael moore joins us from london. int i see across the board the u.s. and europe is a confidence problem. clients paralyzing volatility. that volatility dissipates in a month to come. what's your view? >> i think that confidence question is a big one. a lot of the banking leaders not just talking about the first moreer but seeming negative on the outlook. i think that's playing into investor fears. if activity doesn't pickup from these levels it's going to be a tough year. when we see people talking about record low transaction volumes like at ubs this morning, where is the pathway forward to bring this back up? we not seeing the outlook across europe to change this dynamic in the near future. >> it's important to distinguish the first quarter from what we are seeing going forward. the first six weeks of the year's worth traumatic -- six weeks of the year were traumatic for investors. low interest rates will be with us for a while. growth we will be facing for a while. the first six weeks of the year w

europe but today scanning some 6%. let's get straight to michael moore. great to have you on the program. when i spoke to tidjane thiam he sounded very confident. he could not quite call the end of the sanguine market but he does feel a lot more comfortable. is there anything that analysts should worry about in what we found out today? michael: i think the worry is that is going to be more of a slog. --hink they were protecting predicting confidence in their plan because they had to change the plan in march so i think they wanted to project that they are back on track, that it is just going to be more of the cutting story. surprise better than a is what you got a couple of months ago. they arederstand spinning the span and they are doing a great job in zurich. who will they end up merging with? thatere a list of banks you guys talk about in london? thiam said they will not be merging with deutsche bank when asked about that. the problem is, they are shrinking the investment bank. they are trying to build up and wealth management and they are having enough trouble getting their ow

, michael moore joins us from the city of london. aboute talked all week what ubs called paralyzing volatility could not just european banks but the u.s. banks as well as seems. you are seeing it and all the metrics that we have from goldman. they put out their 10-q this morning. is of the metrics they used trading days where they had more than $100 million in revenue. they used to be that was more than half the time that they would crack $100 million in revenue. the first quarter, they had three days. it is a pretty dramatic decline in activity on the day-to-day basis for them. jonathan: we talked before about immediate job cuts desk cost cuts that could be straightaway like trips abroad. what do we'll job cuts tell you about a strategy and an outlook as well? michael: that seems to be a more permanent move. if you are cutting 10%, typically, goldman cuts 5% of their staff around this time of the year. to do double of that, it certainly says a lot of what they think the environment is now and what it is going to be over the next 12-18 months because a lot of these cost savings you

clown is fit to be president? >> donald trump now is sounding like a left-wing michael moore whacko. >> all of this stuff is just -- to me makes unqualified to be president. >> donald trump's candidacy is a cancer on conservatism. >> seth: so donald trump is a nonserious, narcissistic whacko clown whun there's no way you can support someone like that for president, right? >> if he is the nominee, i will be voting for him. i will be supporting him. >> you know, i have always said i'll endorse the nominee. >> i'm supporting him as the nominee. and i will vote for him. >> seth: but not you, rick perry, right? i mean, you called him a cancer. >> will you support donald trump? >> sure. i've said it from the get-go. [ laughter ] >> seth: so basically you're saying -- >> i'm rick perry and i approve this cancer. [ laughter ] >> seth: this has been "a closer look." ♪ [ cheers and applause ] we'll be right back with more "late night." [ cheers and applause ] ♪ with t-mobile, you pay $95 a month for a smaller network, with cricket, you get an unlimited plan on

clinton responds and michael moore whether or not the republican civil war is good for democrats. donald trump caught negotiating with himself on raising taxes. >> to

? >> michael moore, whose latest film "where to invade next" is available on blu-ray tomorrow. >> and dvd. >> thanks for your time. >> that is "all in" for this evening. good evening, rachel. >> i'm right here, i can hear you. hi. thanks, guys. happy monday. we've got some breaking political news tonight. you have not heard this anywhere else. this is exclusive to us. but we have just got our hands on some brand new national polling from public policy polling. this is just being released for the first time right this second. and i have to assure you not only is this national polling new, i have to also assure you, you'll understand why in just a second, but i have to assure you that it's real. this is not an elaborate joke, like a big misdirection story i'm telling and it turns out to be an april fool's or whatever. this is real. i'm not making this up to entertain you, even though i'm sometime s temperaturted to do. donald trump is less popular than lice. question 23 from the poll, and i quote, what do you have a higher opinion of, donald trump or lice? the proportion of americans who sa

you. you're very nice. you're the last one. >> okay. >> thank you, rachel. michael moore will join us tonight. his film is the perfect summary of what donald trump does not understandbo

flint native, michael moore, about the president's visited 5:00 p.m. eastern on msnbc. >> coming up john kasich about to follow ted cruz's lead to drop out and what will happen to the stop trump movement which spent millions with little or nothing to show for it. ♪ (stranger) good mornin'! ♪ (store p.a.) attention shoppers, there's a lost couple in the men's department. (vo) there's a great big un-khaki world out there. explore it in a subaru crosstrek. love. it's what makes a subaru, a subaru. headache? motrin helps you be an unstoppable "let's rock this" kind of mom. back pain? motrin helps you be a... "side planking, even though you'll feel it later" kind of woman. body pain? motrin helps you be an... "i can totally do this in one trip" kind of woman. when pain tries to stop you, motrin works fast to stop pain. make it happen with motrin® liquid gels. also try motrin pm to relieve pain and help you sleep. this clean was like pow! can a toothpaste do everything well? it added this other level of clean to it. it just kinda like...wiped everything clean. 6x cleaning my teeth ar

hitting those towers. most of those people are used to that michael moore video. there's the first look of the president watching that attack. we move on now to barksdale air force base in louisiana. they kept moving the president. there he is with his chief of staff, andrew card. it was shortly after this photo was taken, steve, where they decided to dump the press corps and leave them in louisiana for security reasons. the next one will be in the air on the way to nebraska. this is going to be an iconic photo. this is lieutenant colonel cindy wright, a member of the white house military office which is in charge of taking care of the president really as he travels around the country. we move on to 8:30 p.m. that night, the president back at the white house. this is the speech where he introduced the bush doctrine. we're getting a look at the mass there, press hysteria taking place. and this final one, that night bush back in the situation room surrounded by his advisers. there you see dick cheney sitting across the table, condoleezza rice and andrew card. a bit of a different look 15

time for the last word. >> okay. >> thank you, rachel. michael moore will join us tonight. his film is the perfect summary of what donald trump does not understand about the world. also tonight, a key member of the obama campaign war room will tell us about the single most important thing that donald trump does not understand about winning presidential campaigns.

the background, michael moore, and others. >> we're watching candidates, this is crazy. we're listening to socialist rhetoric, a couple of us start talking laughing, joke after joke. someone says we need a socialist form of monopoly. david: how does it work. >> you take existing monopoly game. you ice it. david: that is is. by the way, makers of monopoly are okay with this. >> this is parody and satire. you need to get monopoly game. replace it with progressive rule book. david: basics of which is what? everybody is entitled to free money. >> no. in the original monopoly you play to get the biggest pile of money in socialism, you basically play until everyone has 300 bucks and government owns everything. so -- david: so your goal is to equalize everything instead of know no lies everything? >> equality dependence. david: equality means everyone is poor. >> everyone is peer and everyone gets participation award in the end. david: isn't that the point of socialism? everybody is equal but they're equally poor. that is what cuba is about, venezuela is about. we discovered now. >>

clinton responds and michael moore whether or not the republican civil war is good for democrats. donald trump caught negotiaing with himself on raiing taxes. >> to the wealthy, i think frankly it's going to go up. >> the department of justice officially goes in on north carolina. >> the state sanctioned

cryan and rejected the board's new compensation scheme. michael moore is the head of the u.k. finance team for bloomberg news. still with us is kit juckes. michael, when you look at goldman sachs, this was kind of the linchpin of what wall street was getting right. the burning showed us a couple of weeks ago that goldman sachs has cost discipline, and that made it get through a very tough quarter. what will we hear today? will hear some discussion about cost-cutting and their commitment to the trading business. what hashat is kind of set them apart in the last few years as they have been the most vocal about we are staying in the trading business. we are not getting out of significant chunks of it the way you have seen at some of the europeans. and i think they will continue to try to lay out their reasoning and what has been a tough trading environment. francine: i guess shareholders will be quite -- i do not know if it is angry but will ask tough questions. michael: we will see. the last couple years, goldman's annual meeting has been relatively lackluster. there have not been a lot

: michael moore, great perspective. he is with bloomberg news london. we continue with adam posen linking in finance. come on. this is a search for nominal gdp. should i focus on the real economy of europe or do i focus on the inflation dynamics? dr. rosen: in europe and the u.s. you have the luxury of focusing on nominal gdp. excuse me, the focus on real gdp. the debt situation is not a crisis like japan and because you're not in deflation. i think focusing on real what is going on with productivity is what counts. i understand why the ecb has to focus on nominal, but i actually think that is less important. tom: what is the posen peterson and hi institute presumption? it has been years and years, do something. nothing is happening. do somen: the two things is first recognize that growth is not so bad in europe now. second, you want to look at using the migration crisis is away a few of -- of unifying europe, issuing great bonds, trying to go forward. and third, build on that. this is something jacob blanchard and i are working on. the idea of using carrots not sticks. you can ha