would care than? >> we've got carl icahn. >> carl icahn endorsed me. so many people endorsed me. >> i have the greatest businessmen in the world, carl icahn, many endorsing me. >> i will call the executives or i will have carl icahn do it. >> i want carl icahn negotiating for me. >> he loves him some carl icahn. the president's billionaire investor friend carl icahn it turns out loves that obscure irs rule. he says because of that obscure irs rule, that's why he bought an 82% stake in an oil refinery business in 2012. he spent over $2 billion because he saw that rule coming. and that would make it all worth it. there has been only one problem with that investment there is an environmental rule, the renewable fuel standard that has really been eating into the profits of that refinery that he owns are 4/5 of. last year carl icahn fired off an 11-page letter to the obama administration complaining about that rule. he told them the rule is broken and needs to be fixed immediately. the obama administration was not persuaded. they did not pull the rule. that was in august. four months later

time that he got the white house advis adviser gig, carl icahn starting putting bets in the market on one of the issues he was advising the president on. patrick roger keith reported in the new yorker magazine talking about how white house could earn him hundreds of millions of dollars if white house took his advice and paid off for his businesses. that's a crime. statute that makes it illegal to work on any matter in which they may have a direct financial interest. which carl icahn did. that was a real problem potentially for him and white house. and that friday night, this summer in august, i remember the new yorker posted that piece and at the same moment, minutes before, on the same day that steve bannon was resigning and nobody noticed, carl icahn quit and immediately he and white house started to insist, there was nothing to quit. he never had that job at all. that job he just quit, he never had that. white house started to say that carl icahn never had formal appointment or title, even though they formally announced his employment and title. started saying carl icahn was just a

oxygen in the room, on that same day, this guy also resigned from the white house. carl icahn. he had been serving with the president. adviser to the president on regulatory for him since the transition. he was an adviser to the president on regulations and around the time that he got the white house adviser gig, carl icahn starting putting bets in the market on one of the issues he was advising the president on. in august, patrick roger keith reported in the new yorker magazine talking about the kinds of bets he was making in the markets and how the white house could earn him hundreds of millions of dollars if white house took his advice and the belittle paid off for his businesses. that, obviously, is a crime. there's a first of all statute that makes it illegal to work on any matter in which they have a direct financial interest, which he clearly did. that reporting on his business behavior while serving in the white house, that was a real problem potentially both for him and for the white house. and that friday night, this summer in august, i remember the new yorker posted that pi

would care about that? >> we have carl icahn endorsing me. >> i will call i want carl icahn negotiating for me. >> he loves him some carl icahn. >> carl icahn loves that obscure irs rule. he says that's why he bought an 82% stake in an oil refinery business in 2012. he saw that rule coming and that would make it all worth it. it has been only one problem with that investment. there is a renewable fuel standard. last year carl icahn fire aufd an 11-page letter complaining about that rule. he said the rule is broken and needs to be fixed immediately. the obama administration did not pull the rule. that was in august. four months later carl icahn got himself appointed as a special adviser to the president for regulatory reform. it is not an official white house position. he is not taking a salary. he is not bound by any disclosure agreements. he gets to keep all of his assets including his oil refining business. in his new role he has been working triple time to get that regulation overturned that's keeping him from making money. eliminating that rule should earn him nearly a quarter billi

, particularly on a friday? never? ever. okay. that's fine. two, carl icahn just left the administration tonight as well. he left the administration, quit his job literally moments before the new yorker magazine published this piece about billionaire carl icahn using his position in the trump administration to make potentially hundreds of millions of dollars for his own compan s companies. moments before that was published, carl icahn resigned. is that resignation by carl icahn a stand-alone carl icahn potential corruption story, or is his resignation tonight tied in any way to the steve bannon departure earlier today? also, who else is leaving the administration right away? either just to take advantage of the smoke screen created by steve bannon's departure, or because they were tied to bannon and now that bannon is gone, they don't have any political means of staying. >> number three, eric prince, the brother of betsy devoss and the founder of blackwater. politico.com reports that that big meeting on afghanistan today, which was the supposed reason mike pence had to fly

. start with carl icahn who has been tasked with the new administration with advising them on regulations. what carl icahn has been advising the administration is that administration should kill a regulation that will result in nearly a quarter billion dollar a year wind fall for a company in which carl icahn has 82% ownership stake. when the administration did across the board regulation freeze after the inauguration, the one new regulation they didn't freeze was one that would positively effect carl icahn's stake in that company for tax purposes. that is a capital s scandal. that is as big a scandal as like say the one that made vice president resign in 1973. if you don't like that one, may i the tropical storm you in the scott perut special, the former attorney general in oklahoma having his law license reviewed by the state of oklahoma because he overtly simply, clearly lied to the united states senate under oath during his confirmation when questioned about whether or not he conducted government business on his personal e-mail accounts. he did conduct personal business in

icahn. the greatest negotiators read "the art of the deal." >> no exit pollers said carl was the reason behind their vote. it's clear his validation was important to donald trump. just something to keep in mind in case over the next few days you hear the president say about mr. icahn, he joined later in the campaign but he's good guy. look at the time. that's our broadcast on a zpritsds for this week, thank you for being here with us, goonts from nbc news headquarters here in new york. >>> starting in middle school, there's a thing you can do called model u.n. model united nations. it's an educational thing, they do it for college kids, kids in high school and for kids in middle school. it's a very cool idea. you get assigned to represent a country and then as the delegate for that country, you learn about diplomacy and international relations and the workings of international institutions by you acting out your assigned country's best interests along with the other kids in this mock u.n. environment. it's cool. some schools do debate club. my school did mock trial. some schools

. start with carl icahn who has been tasked by the new administration with advising them on regulations. what carl icahn has been advising the new administration is that the administration should kill the regulation that will result in nearly a quarter billion a year windfall for a company in which carl icahn has an 82% ownership stake. when the administration did an across-the-board regulation freeze right after the inauguration, mysteriously, the one new regulation they didn't freeze was one that would positively affect carl icahn's 82% stake in that same company for tax purposes. the carl icahn thing alone is a capital s scandal. just the carl icahn thing, that is as big a scandal as like, say, the one that made vice president spiro agnew resign in 1973. if you don't like that one, may i interest you in the scott pruitt scandal today. he is the former attorney general in oklahoma. he is now having his law license reviewed by the state of oklahoma because he overtly simply clearly lied to the united states senate to when questioned about whether or not he conducted business on his per

dropped. trump named and epa director who shares carl icahn's views and the white house announced that he will have an official role as an adviser and the credits dropped a little more and then a new biofuels regulation plan conceived by karl icahn was delivered to the white house and the price of those credits dropped more. every time that happened, that bet that he made was getting better and better. if you made that bet a few months back that the value of the credits would drop, yeah, you made a prettily good bet but it looks like your actions as part of the trump administration are what made that bet turn out so well for you. this is just textbook. in the months after trump's election the stock price of karl icahn's company which directly benefitted from the dropping price of the credits, the stock price of his refinery company nearly doubled. that's hundreds of millions of dollars for karl icahn. but now karl icahn is out, he resigned as regulatory adviser of the president last week, resigned moments before the new yorker published this bombshell piece detailing, and i mean d

of his company up. the white house defense in the white house lawyer was to deny that carl icahn had ever had to job in the first place. carl icahn? private citizen, nothing to do with us. if you are thinking if smacks of banana rememberic corruption, it does. we showing with the department of ethics. he sent up a emergency flair. most pointedly, who's going to police this. arguably this kind of situation is why we have a public integrity section at the department of justice, but if this particular department of justifies doesn't feel like pursuing, there may be another possibility. it may not be a federal matter. it is a financial matter. it involves a market, a refinery carl icahn owns, a business interests of this particular adviser, when it comes to financial crime, prosecutors from new york state have been known to bring all sorts of things that involve the financial markets that don't seem like new york cases otherwise. previous new york ag's, were known as pit bulls when it came to pursuing white color and financial crime. will the current a.g. take up the case? we've asked er

carl icahn. the billionaire invester on whom president trump bestowed the title president's special advisor on regulatory reform. that was a new job invented for carl icahn. nobody knew exactly what it was going to mean when first announced and regulatory reform. sought by mr. icahn they appeared to sbhes in lose business, the repinery to the tune of potentially hundreds of millions of dollars limits of new yorkers patrick publishing a dead to rights expo. resigned the resignation came in within minutes of the new yorker posting that. remarkably, once mr. icon resigned, he floated the idea that maybe he'd never actually had that job in the first place. i mean, really, if you think about it a certain way, it's like he didn't have anything to resign from at all because maybe he didn't have that job. we may eventually get to see if that argument holds water with very serious prosecutors among the law enforcement that have jurisdiction is the new york state's attorney general office. because so many of the nation's financial markets are head quartered in new york city. the attorney gene

named to that past last year. and a funny thing happened around that time he got that gig. carl icahn started vote on the market while he was offering the president advice on that part of market. he appeared to be doing things as special adviser to the president that would bring about the very thing he bet would happen. hi appears to have done a lot of money doing it. last friday karl icon resigned. this lays out how he may have used his position in the trump administration to drive down costs of his company and drive the stock price of his company up. the white house defense was to deny that karl icon had ever had this job in the first place. he was just a private citizen, nothing to do with us. if you're thinking this whole thing smacks of banana republic corruption, it's because it does. he's been sending up what he called an emergency flare asking questions about that icahn case. who is going to police this in this kind of situation is why we have a public integrity section at the department of justice. but in this particular part of the department of justice doesn't pursue it, there san

. arguably can also be on your plate. i'm going to ask you about carl icahn, famous investor, famous new york figure and former trump adviser. if carl icahn, there's public reporting about this, your office said this issue was on its radar, if he were to be investigated for potentially self-dealing, to goose the market for his own financial benefit, is that potentially a new york state investigation whether or not the justice diplomat decides to pursue it as a matter of public integrity? >> it's -- we're obviously aware of the circumstances. but again, we don't comment on potential or ongoing investigations. but in many cases that involve dealings in the market, new york and the federal government share jurisdiction. so that's pretty common. i've per seed a lot of cases involving fraud. spitser got famous for doing it. there is overlap but as to the specifics of this case, we don't comment on anything. >> that would be in general, not speaking about the specific case, you would expect there are discussions, whether collaborative, with the justice department who would pursue that. >>

to corruption scandals. the first was carl icahn who left his position under a cloud of allegations how he appeared to have use that position for his own enrichment. for tom price, the proximate cause of his resignation is the embarrassment over his extensive and enthusiastic private jet travel, which was all charged to taxpayers. as they published scoop after scoop after tom price's million dollar plus luxury private aviation including hundreds and hundreds of thousands of dollars worth of flights he took with his wife on military aircraft that cost taxpayers up to $25,000 an hour, after those scoops mounted at politico.com, over the last ten days the white house got dragged into it, too. the president himself told reporters he was bothered by what he heard about tom price and flights. then the white house press secretary took care to say yesterday that the white house had had no role in approving any of tom price's private flights but then at 7:00 last night, there was yet another scoop about more than a half million dollars in military flights for tom price and his family, that t

the white house and and advisor on regulation and carl icahn and that same day. then a week later, sebastian gor gorka. all gone. i mean, this is just like the people who have knowable titles. right? all gone. this administration isn't that old. this doesn't show a revolving door. people just fling off the thing with force into the night. right? of course, that's not counting the no notice firings of dozens of federal prosecutors and the firing of the acting attorney general and firing of the fbi director. this is all just white house. last night "the new york times" broke the news that on the day robert mueller was appointed special counsel, president trump reportedly lost his mind at the attorney general jeff sessions because sessions had recused himself from anything related to russia. quote, when the phone call informing him about the muller appointment ended, white house counsel don mcgahn relaid the news to the president and his aids. almost immediately mr. trump lobbied a volley of insults at mr. sessions. telling him the attorney general it was his fault they were in the c

reform, carl icahn, he was out on the same day. he seems to have some law enforcement interest follow him home from the job. a week later, it was that strange guy who doesn't have a job title sebastian gorka. this is like the people who have knowable titles. all gone. and this administration isn't that old. this doesn't show like a revolving door, this is like somebody turning the care oe sell motor and people flinging off the thing into the night. that's not counting the no notice fiergs of dozens of prosecutors, and the firing of the fbi director, this is all just white house. last night "the new york times" broke a news on the day robber mueller's was appointed, president trump reportedly lost his mind at the attorney general jeff sessions because sessions had recused himself from anything relate today russia. quote, when the phone call informing him about the mueller appointment ended, white house council relayed the news to the president and his aides. almost immediately mr. trump lobd a volley of insults at the attorney general saying it was his fault they were in the cur