We will kick it off with what analysts are talking about, one intense weekend in the ukraine. What is the Russian Military going to do next . Friday, 10 helicopters. Saturday, two more warships. Monday, two more warships. Whats next . Russia sent 6000 troops into the ukrainian peninsula. This morning Vladimir Putin took action under the banner of protecting the russian speaking population that lives in crimea. All right, putin, but do not say president obama did not warn you. It would be a clear violation of the borders of ukraine. And of international laws. Just days after the world came to russia for the Olympic Games they would invite the combination of nations around the world. Indeed, the United States will stand with the International Community in affirming the cost on military intervention in ukraine. A mildly tough talk from the president on friday. There could be only one way for his administration to get the message out over the weekend. The sunday news talkshows. Russia has engaged in a military act of aggression against another country. This act of aggression is completely trumped up. What has happened is that it is really 19thcentury behavior in the 21stcentury in violation of the u. N. Charter, the helsinki final act, in violation of the 1997 Ukraine Russia basis agreement. I spoke to 10 of the Foreign Ministers of those countries most engaged. The g8 plus some others. Every single one of them are prepared to go to the hilt to isolate russia with respect to this invasion. They are prepared to put sanctions in place. They are prepared to isolate them economically. Secretary of state john kerry threatening future economic sanctions. President obama warning against possible costs. The u. S. Must have some sort of leverage over russia. Modest. Not extensive. We are talking about economic sanctions. They are an option, but there are so many selfinflicted wounds as well. Europe, for instance, it will hurt the europeans as well. Of course europe has 30 of the natural gas coming from russia. Any other possible sanctions on the table . They will look at asset visas. Asset freezes. Russia is a really big economy. It is not like the other countries that have been effectively targeted. From an analytics perspective, very little reason to believe that the sanctions strategy will work. To coherce the russians. Not much leverage from the u. S. Or europe, really, but there is a lot of ukrainian debt owed to russian banks. No, for two reasons. No, first of all, this is absolutely after chechnya the most Important National interest that russia has. This position of ukraine. There is nothing that the west could do short of a military conflict that would have them even considering moving out of crimea. That is the first point. The second is that the european s are not going to support that kind of behavior. Germans are blanching even at the idea of throwing russians out with the g8. The notion that they will risk their economic relationship with russia given their relationship to support the u. S. Here with serious sanctions, it is just not on the table. I fear the Obama Administration really overextended itself. Wow, the u. S. Talks tough because it has to, but it seems that russia is willing to go the distance for the ukraine. He cares more about it than we do, by a lot. These economic sanctions we are talking about historically only work on smaller countries that are more dependent. This is a large economy that is predominantly independent on oil and gas exports. Obviously the European Union has has i dont see them agreeing to embargo 30 of their gas supply. It is easy for president obama. The United States is very little trade with russia. Europe does a lot of trade with russia. This is how Vladimir Putin does business. I am not sure that he cares much about their image. This man who believes in traditionally hard power, doing things through strength, not goodwill. I dont think he cares much for the hearts and minds of the world. Yes, they shined during the olympics a bit, thats fine, but he will take care of his neighborhood the only way he knows how to do it. Unambiguous strength. Does putin have an endgame in mind . I dont think that he knows yet. I think he is not interested in the annexation of ukraine. There are ways for him to get what he wants short of annexation. Annexation would be very difficult to carry through. The saber rattling over the ukraine sent the markets down to start the week, but do not be surprised, investors have been looking for a chance, taking taking take some gains on multiyear highs. They got one, putin and obama, the other world leaders, just reading the script, doing what they have to do. Hitting the roads next, we will tell you how the big carmakers weathered the story months of february. Wall street, a storm of their own, and the fight for fannie and freddie, coming up on lunch money. As we head to break, the volcano near guatemala city, three miles into the air. Officials are considering evacuating 3000 people. This is lunch money, on bloomberg television, streaming live on bloomberg. Com, your tablet, and your smart phone. Motors, the february snowstorms kept buyers out of dealerships, for the most part, unless they were there to buy suvs and trucks. Sales fell at gm and ford in february, car buyers stated way way stayed away because of the big snowstorms. Americans did by allwheeldrive vehicles, especially jeeps. 47 of sales went to the fiat owned brands. Nissan sales also went up 19 in the months. Chrysler deliveries rose 11 . Nissan had Something Like 16 in the game. Ford and toyota fell. Inclement weather is not just affecting sales, it is affecting the roads and the potholes, as you are probably seeing. They are not just ruining cars, they are taking down city and state budgets as well. Take a look. Potholes. They are everywhere. Like landmines. Too many potholes. Dangerous, gaping holes. Crews, of course, working overtime to fill the worst. They are out there seven days a week, even overnight. All right, we cant get rid of the potholes, apparently, but next we are going to talk about getting rid of the driver. Florida showcases an Autonomous Vehicle that uses infrared light to map its surroundings. Jessica howard has more. This is a ford fusion hybrid. It looks like any other ford, except it has infrared lights that scan the environment than much the same way another would. The same way a dolphin would, but without the clicks. Creating a threedimensional map of everything, making 2. 5 million measurements every second. It means the car can accelerate, brake, or swerve without being told to. It is autonomous. There is a long way to go in that. The next big step will be cars talking to cars, Road Conditions and safety conditions. I suspect the technology will be there before the legislation and drivers are ready to accept it. Ford aims to have them on the road by the next few years. Selling cars is a job that often carries a negative stigma, but there is one salesman who has found success in a life dealing wheels. Heres edwards. There is not any car that i cannot supply within 40 hours. Ive never been challenged. If you want a supercar, where do you go to buy one . Londons mayfair might sound like a good place to start, or you could try behind these gates. In englands rural midlands. It is here that you will meet tom hartley, a School Dropout who has been selling cars and and since he was 12 years old. His speciality is finding the highperformance cars that you cannot. You could call me a dunce. In the early 1970s there was a magazine called dandy. It had comics. I used to use something called the glassy glide. The car valuation. You said that you never switch off. Is that something that you were born with . I do think you have to be born with the gift. He boasts about not being able to use a computer. His son, does, though, and it is changing the way they do business. It can be late at night, on twitter, just a bit of banter. The next thing you know you have bought a car. Or i have bought a car from him. Instant messages, anything like that. What is the quickest you have gone from the start of negotiation to the end . This morning i sold a rolls royce in six whats up messages. In six . Yes. This lamborghini is our new model. While these are toys for the rich and famous, he does not own one himself. I dont have a passion for cars. The last 10 years have become very much global. Very strange. All right, coming up, investors wage war over fannie and freddie. Hear the arguments from bruce or horowitz, next. And meet the man behind the social media site, pinterest. We have got a new development in the deal that just wont die. Mens wearhouse, joseph a bank has reached an agreement to share the confidential information, moving the menswear rivals closer to a potential merger. After several failed attempts. Looks like it is full steam ahead, for sure. For a long time, you know, the the bank was resisting mens wearhouse, overturning the bid, beating it back, announcing a crazy deal to buy eddie bauer, making itself a your and more improbable. Now the two are sitting at the table. Bank looks like a hero because they are getting that 65 per share that it wanted all along. Again, even if the two sides agree on price, it is not a done deal. There are many more hurdles. There are. If you look at this deal, obviously it does raise some antitrust scrutiny, right . One thing i had been hearing is that if bank wants to be difficult, which they have been over this entire process, that could bring them some protection in case regulators do not sign off on the deal, which could make mens wearhouse somewhat uneasy, complicating the negotiations going forward. For example, oftentimes or unusually in these situations, sometimes the acquirer in this case would demand something called a hell or high water which would force the buyer to close in on regulators if they do not sign off on it. Wall street, fighting for fannie and freddie, bruce berkowitz, he is betting big. Suing the u. S. For compensation for the value of stock lost after the u. S. Took over fannie and freddie in 2008. Berkowitz is taking it one step further, demanding the Company Retained Earnings and stop borrowing for the purpose of dividends to the u. S. Government. He spoke of the Surveillance Team this morning. In my opinion there is no debate. Fannie mae and freddie mac are private companies. They are no different than cocacola. People talking about the debate around privitize, the last time i looked on the bloomberg screen, i was on the list of shareholders who owned a piece of fannie mae and freddie mac. It does not make sense to me. We own them. I do not see anyone else who owns them. Pay back the taxpayers, time to move forward. My note to the directors is to remind them of who they were. Exactly, this is the issue, the directors of fannie and freddie have a lot of weight on them from washington. What will be the catalyst to get washington to move . I look at it as if i was a director. I have a fiduciary responsibility to all shareholders. I do not listen to what someone in washington tells me to do. I listen to the owners of the company that i represent. And chris, let me ask you, a federal judge recently gave you the right to discovery in a lawsuit to find out if there were changes made. What do you hope to find . What do you think was hidden that you could not find before . The last decision made on fannie and freddie, 2012 when the sun was shining, it was obvious these companies were going to make very good money. An amendment to the deal was made between one Government Agency and another. We do not understand it. It was not necessary and did not make sense. We are trying to understand the thinking, because we cannot find logic to it. It is a mistake being made. It could have been an oversight, a careless mistake, or something i prefer to believe it was a simple mistake. It is about the past. My discussion with the board of fannie mae and freddie mac, chatting with me, is about the future. Government had every right to change their relationship. Government does not have the right to alter past agreements from the 1970s, 1980s, 1990s and so on. Its time for the board to represent their own. That is the primary reason to have directors. We have directors capable of doing it and they are paid very well to represent the owners. It is time to separate fact and fiction. There are 19 other lawsuits challenging the government bailout of fannie mae and freddie mac. Hollywoods biggest night, from celebrity tweets to speeches, we have it covered tonight in oscars. This is lunch money. China is vowing to crack down on terrorism. Nese president xi jinping attackedand of thieves people with knives, four attackers were killed. No group has claimed responsibility so far. And the murder trial of Oscar Pistorius is underway in south africa. The blade runner, he is accused of killing his girlfriend, revis dean camp, on in 2013. s day was an he taught she intruder. He has pleaded not guilty to the charges. A rally in washington, d. C. Walk ended in front of the white house. Calling oners were president obama to stop drilling. In politics, the more things change, the more things stay the same. Dingell is retiring after 58 years. He says it has become too obnoxious to serve in the house. Al hunt, first question, if there is anything he could change, what would it eat . What would it be . The nasty partisanship. This should not be that way. The congress is the coming together. The great assemblage of the american people, deciding the issues that are important. The second thing is, all the business has been moved into the office of the speaker. Newt gingrich and tom delay started that. It gave them control over the then congress, having the control they wanted to have to run the place. You would return that power . Sure, i would. First among equals, but not more than that. In the english parliament, the speaker is the kings man and is excluded or most of the decisions. Here it is different. So, vying for his seat, his wife is undeterred by the dysfunction that her husband is decrying. Yes, i am a candidate for the democratic nomination for the 12th Congressional District in michigan. Even if i were not married to him, i would have tried to talk him into running for another term. With senator levin retiring, i believe we need the wisdom, experience, and dedication that john has brought to this job for 58 years, serving the people of southeastern michigan. It was a tough decision for him. But i respect the fact that he has decided it is time. If she wins, a dingell will have sat in that seat for 82 years, starting with the senior in 1982. 1932. Maybe kashkari can get some political advice from the family. The former treasury official is challenging jerry brown, running on the platform of education and reform. And jobs. Here he is on bloomberg west. I want to bring manufacturing back to california. It is great that apple and these other companies have designed great technologies here. Lets produce them here, too. 17 of californians need work. We can bring that down by putting people back to work. How is it that the ceos and leadership at google have had so much success . It started with a great education. I know that many are donating money to education and nonprofits. They know that education is the key to the future. Governor brown says we are doing great, but our schools are 46 in america. Unless we can get every kid and education, we will not be a fair society. You can watch more of those interviews on bloomberg. Com, or on our awardwinning tablet app. You can marvel at the strange, weird circus of weirdness that is politics. Next, we have an exclusive interview from the founder of pinterest. His advice on how to inspire the next generation of entrepreneurs. Plus, the big winners at hollywoods big night. We have the details you need to know about. The academy awards, coming up. Before we had to the break. Speed, precision, skill, red bull in abu dhabi. This is lunch money, on bloomberg television, streaming live on your tablet and smartphone. I am matt miller, in for adam johnson. Social, we are focusing on one of the worlds hottest startups, pinterest, putting the companys value at nearly 4 billion. Ceo and cofounder Ben Silverman had his doubts on whether the company would ever become a success. Emily chang sat down with silverman in a rare and exclusive interview. It has been a long road. But i think that most things in life that are worthwhile take a while. Both of my sisters are doctors. Parents are doctors. That is a minimum 12 year commitment just to be the most Junior Doctor out there. That has always been in the back of my mind. When i think of how long things should take. Yes, i think it is a long road for a lot of folks. If you are having fun and learning, if that is what you want, now is a great time to try it. Was there a moment where you said now i need to make sure i do not give up . I know that in the early days it took a while for things to catch on, right . There were a lot of times you can get a little bit discouraged. But i think the thing for me what was helpful was having people around me. That i trusted. For me it was folks like my girlfriend, now my wife, my cofounder, mentors and friends, i had to say would be great if you kept going. You have come such a such a long way. What is your vision for what pinterest will become . We think pinterest is a visual discovery tool. We are building towards it. I have so many folks i looked up to. You mentioned people like elon musk, amazing. Literally making rockets and electric cars. He and i look up to other entrepreneurs. Jack dorsey at square. People who are more into arts and science as well. Anyone who is trying to build things make the world better. I think its really cool. Specifically along this journey, who has given you the best advice . What has that advice been . I dont know. One piece of advice that i got was from kevin hart, who founded zoom. We were talking and i said you know, like, i know that this will not be one of those Huge Tech Companies and he said why not . Could be. I think that was a cool thing to say. So many people give you reasons about why things wont work. He was saying, what if you imagine that it would work . What about silvermans involvement with the Education Charity . I was introduced to build by dorsey, and i thought the mission was really cool. The idea of getting kids excited about entrepreneurship is a really good idea. So applicable to real life. Sometimes school can feel abstract. Not connected to daytoday. Why do you think it is important to teach these kids these skills . I think that a lot of entrepreneurship is about trial and error. It is easy when you are a student to get discouraged and have someone tell you you are not smart enough. Building the discipline of taking the criticism and keeping going, that is great. Especially high school kids, they should develop this as early as they can. What advice would he have for his kids . I would tell them not to give up on what they want to do. Do not let someone talk you out of your ambition. When you are a kid you put so much stock in what a doll say, say, in what adults say, good or bad, but no one, boss or teacher, knows what is in store for you. Now, the tweet retweeted around the world, Ellen Degeneres is selfie bumped out the president of the United States. A big night for the oscars, ratings were up seven percent over last year. In case you missed it, here are the five big awards in under 25 seconds. Actor, supporting role jerod leto. Best actress in a supporting role lupita nyongo. Director alfonso cuaron. Best actress cate blanchett. Actor in a leading role matthew mcconaughey. Best picture, 12 years a slave. Thats it. 12 years a slave, the big winner, winning seven statues. Here is the director, steve mcqueen, with charlie rose. I wanted to make a movie about slavery, because for me there was a hole in the canon of cinema. It was not referenced, it was not there for me. I wanted to investigate and find out about that. All right, also a big winner, gravity, seven awards, with best director, sandra bullock. Up for best actress. All of those things that frustrated me were things that once i figured out were a benefit hopefully the same thing is happening to the character and space. The loss of control, the frustration, the loneliness, the isolation. Instead of fighting it it became a friend rather than something that was a problem. Big disappointment for american hustle, which went home completely emptyhanded. And the wolf of wall street failed to win any trophies, despite five nominations. You do not have to be an oscar winner to win big bucks. Here are the top actors that have yet to win the gold. On the animated side, frozen took home best animated feature and best song, they crossed over the 1 billion mark for worldwide ticket sales. The only other animated title to do that has been toy story three, so to save to say that frozen is hot. Frozen is based on the Hans Christian anderson tale, the snow queen. A film that walt disney had hoped to make himself. Patience pays off. We had to wait a few decades. Frozen follows recent hits like tangled and reckitt ralph. It is an exciting time at the studio. Disney animation is in the midst of a creative renaissance. He cites their 7. 4 billion purchase of pixar in 2006. Bock recalls the sentiment at the studio shortly before the deal. It was a different attitude towards animation. Definitely a different feeling in the studio. He credits the leadership of two of their founders. John lasseter was the first filmmaker to run the studio since walt disney. He understood what everyone was going through at each stage of production. You cannot buy that sort of empathy. Andrew millstein showed us the caffeine patch, where the central animators were in mind. It is important for us to have accidental encounters of people, to check in and see what people are doing. For the first time director, she says the studio feels somewhat startup like. It is sort of like go ahead, try, blow it up if you have to. Push. That is such a wonderful mentality. Frozen uses much of the power powering many animated films, but it also stays distinctly disney. There are lots of different people throughout the country who are rooting for disney animation to find its way back, creatively. Congratulations to all the oscar winners and nominees who did not win. I am sure that they are happy the awards are over. Now they can eat again. It is 56 minutes past the hour, here is a look at on the markets. Stocks at the end of the day at one point done more than one percent. Consumer discretionary as well, leading the charge downward. World stocks followed by what was happening in ukraine. Chinas official manufacturing dropping two and eightmonth low. Slowdown worries there. Watching the treasury market on the back of that, investors had to invest somewhere, and that was in the treasury. Continuing to move lower as investors move in. Somethat market pullback, are questioning wether the markets will recover to with alltime highs that we saw just last week. A longerterm drop. Tom lee was on in the loop this morning. Look at whaten we really matters for the next few years, i think it will be corporate balance sheets. I think they have been cautious, needlessly cautious. Capital stock needs to be replaced. Coming. A caps fan cycle look at consumers, hugely thertant to the economy, deleveraging cycle i think is done. Banks are beginning to ease lending standards which have been unusually restrict it the last few years. Can see it in measure data. Fannie and freddie last year the average fight those score for an improved loan was down 13 points from where it averaged from 2009. Almost 30 points higher than the early 2000 cost. We have room. Not all investors have the same bullish sentiment. One man pointed out terms easing is done in of more easing. The fed has been talking about ultimately tightening which has of thebeen a bane markets. Growth has been relatively modest. People point to weather. Have risinge commodity prices. Crude oil is up from its recent january lows. You are starting to see a tightening of conditions on the commodity side of the equation. The fed side of the equation. With global tensions rising, there is a bit of a pullback. Treasury yield should fall in a slowing economy. We have a falling economy in china. Weak pmi. I can put downward pressure on yields. Gold, crude oil, commodities have outperformed equities in recent weeks. Pulling back to the big picture, there are a couple of companies we wanted to highlight. Bank wearhouse, joseph a retailers. Moving closer to a potential merger. It would be a miracle. For have been in a battle five months. Joseph a bank offered to buy the smaller company, 65 a share. We are also watching kroger. For on the markets,