May vote to tighten this thing within this hour. Well let you know the second it happens. This action comes just one day after billionaire republican president ial candidate donald trump said he would ban all muslims from having this country. It has touched off quite the firestorm on all sides of the aisle. In fact, comments are dripping and jumping in every second. Ill bring those to you. Trump also calling members of congress messy and confused, blaming them for the current situation. So we are going to ask one of them about that. Congressman barry latter milk, republican and a member of the House Homeland Security committee. Wait million you hear what he has to say. Visas not the only tool in terrorists kit, when Edward Snowden exposed the Government Surveillance Program in 2013, did he give americas enemies a way to hatch their devious plans . Were going to talk about that, its an important question thats really something we immediate to discuss. Retired general Keith Alexander is the man to discuss it with. He was the nsa director when snowden dropped his digital cyber bomb. General alexander will tell us in a fox business exclusive if america is now more vulnerable to attacks thanks to Edward Snowden, and what can we do about it now . So with the markets fighting for oxygen, were less than an hour to the chosing bell so, come on, lets start the countdown. There. Liz breaking news. Right now when you see this number on your screen, we have the dow down 158 points, that is well off the lows. The nasdaq just a second ago punched into positive territory, not quite there yet, kind of trying to claw back and forth here. But right now the nasdaq is lower by about three points. A far cry from its low of the session earlier today, the nasdaq was down about 56 points. I need you to look at the u. S. Dollar. Why . Well, you can see because it all relates to the Oil Situation here, the dollar is stronger against major currencies, but Canadian Dollar canada, of course, hugely dependent on oil and on gasoline and all the things that are plummeting right now, so its canada we dont have the norwegian crown at the moment, but norway heavily dependent on that commoditybased economy. It, too, has a currency that is floundering at the moment. U. S. Dollar muscling right now. Mechanic one of the leading Sectors Health care one with of the leading sectors today, and there arent many of them, but right now we do have the Health Insurers pretty mixed here, lower, but health care and things like biotech looks stronger. Materials are the big laggards today, that does weave in with whats happening with oil. We have the index here, its unchanged at the moment but weaker over the past couple of days as oil gets whip sawed particularly in the last half hour. I guess you could back up an hour before that, because earlier today oil prices showed severe signs of breaking down, tumbling before noon below 37 a barrel. Thats first time thats happened in nearly seven years. The Closing Price in the last hour ended up being the lowest settlement price in seven years. Overseas to the brent market, also breaching a key level, falling below 40 per barrel. This is what trades overseas. Below 40 at one point today, we havent seen that in six and a half to seven years. Theres a trade on the other side, but timing is crucial. Lets bring in eric bolling who traded oil for years in the pits of the cme along with michael holland, chairman of holland and company, and we have got Teddy Weisberg on the floor of the new york stock exchange. Eric, i will hold up this. I know where youre going with it. Liz you do. Buy a barrel of oil with that someday . [laughter] liz will a barrel of oil be 20 . You know, lizzie, maybe 16, 17 years ago you could buy two barrels of oil with that 20 bill. It dipped down to 10 a barrel at one point. Look, ive been coming on this show the minute it broke 100 a barrel, 90, 80, 70, i think were going to see 20 maybe upper 20s, low 30s, but that hasnt happened in quite a long time. 33 a barrel, i think, seven or eight years ago, that was the low before big spike up to 140. So many things going wrong for the oil market, the oil price, but right for the economy. Number one, strength in the dollar puts absolute downward pressure on all commodities. Number two, overhang in supply. Plenty of supply. Opec number, three, theyre not going to support the price be, four, brent breaking below 40 a barrel is an absolute weight on the oil market here. You know the old saying, dont catch a falling knife. This is a falling chain saw, a falling hacksaw. The oil market, ive traded that for so long, it goes further up than anyone expects and further down than anyone expects liz thats why teddy has his hands folded behind his back. Lets bring it to what youre seeing whether its the miners, the drillers, the integrated oil, right now it is causing what we see the dow down 134. Well, you know, the whole oil conversation is a great conversation, and i can remember in the early 90s when oil was 20 a barrel, and all the predictions were that it was on its way to zero. And eric is 100 right. Things always get overdone. They get overdone on the downside, on the up side because theres nothing rational at all about this business even though we try to make some rationality out of it. [laughter] so but having said that, were in the funny time of the year where the weak stocks tend to get weaker, a lot of tax telling, but beyond that, liz, and weve talked about this before, the fact that the popular averages continue to levitate at or near their alltime highs is really very deceiving because the amount of damage thats being be done in the markets being done in the markets, in the market internals in certain sectors, i mean, weve got a lot of stocks that are trading at or near the 20082009 lows. Now, a lot of them are in the commodity sector, a lot of them are in the energy sector, and some of the smaller Energy Stocks have just disappeared, quite frankly. Liz well, heres the guy whos made a lot of money not panicking and not trading daytoday, and its michael holland. Michael is about to make a call on oil and whether we do see this 20, are we going lower . Are we going higher . What is your perspective right now . Everybody hold on, michael holland. Okay, im panicking right at the mome. [laughter] liz you look panicked. I think the way eric just described it, someone whos been in the business for many years, in the past hes seen these kinds of moves. The intense emotional response to all this stuff, he laid out the several physical things that are going on. Then you have the other two things going on in the market, one is emotion which ted weisberg talked about and eric referred to, and the other is the machines. I asked eric off set what he thought was the percentage of trading thats done in the oil pits right now done by machines, not by human beings. Because thats having a big effect on the stock market. Obviously; when liz and what did he say . Most of it. Most of it. So its not so you could have this thing, as he says, go further than anyone suspects as it often does because of emotions, and the machines algorithms trading and people getting really panicked, as you say, at the bottom. If it goes from where we are now to the low 30s, high 20s, i think were putting in somewhere near a bottom, that would be my guess only because of the emotions. Well, yes and no. It depends on whats your affinity for pain. If were at 38, 37 a barrel, if you can handle a 29 barrel, then maybe youre right. And then you can wait out a longterm recovery in the oil markets. But heres the other part of the problem. If you do have ted by weisberg teddy can weisberg talked about stocks at or near alltime highs, if you have a turning down of stock market, you may see some selling of everything, just the mass liquidation of assets; stocks, bonds, commodities, across the board. Weve seen that before, thats not a phenomenon. But long term i would agree with you. I would say a 30 barrel of oil or 40 liz so why not just buy futures right now . Lets talk to our investor audience. Because youre going to get blown out buying futures right now. Liz how much lower can you ive had friends, lizzie, made all their money in oil, multimillionaires, and literally carried out in a matter of a day or two or three days with a massive washout of the oil market. Liz teddy, are you seeing any of the proverbial blood on the streets at the moment . That maasive sort of i hate to say it not yet. Liz what Charlie Gasparino says, the pword, but the vomiting that comes to whats going on when you hit that bottom. Liz, if you go back to 2008, just the general market now, 2008 markets overall were down about 38 . First three months of 09 up through march of to 09 we were down another 1315 . That first three months was when all the damage was done, thats when people were throwing stockings away. Were not quite there yet in the oil sector, but we can easily get there between now and the end of the year simply because the tax selling, people are going to say you can keep jeez, let me out of the trap. So there might be an opportunity, but i sure would wait for the last couple of days of the trading year if i were going to put a toe in the water. Liz great to see you, teddy. Eric bolling, wonderful to have you. Michael hollands going to stay with us. I want to keep people posted here, we are awaiting a decision, a vote on the visafree travel crackdown. The the Visa Waiver Program will allow does allow citizens of 38 countries to travel to the u. S. Without a visa. That may all change within this hour. So we are watching it very closely. Closing bell, were 50 minutes away. Lebron james signs a lifetime deal with nike thats worst millions, but what is that deal news doing to the value of the vintage pair of lebron sneakers in your closet . We are going to show you now how theyre suddenly skyrocketing in price. And donald trump says ask them their religion as they arrive in the u. S. And then ban them if they say muslim. Look at this case of the bombing and the killing, the carnage, where he had bombs all over his apartment, and people knew it, and they didnt want to call the police. They knew there was a problem because they didnt want to raciallyprofile him. He says keep them out. Congressman Barry Loudermilk is joining us next on countdown with a strong opinion on this. Stay tuned, dont go away. Dow jones industrials down still about 148 points. Feel a cold coming on . New zicam cold remedy nasal swabs shorten colds with a snap, and reduce symptom severity by 45 . Shorten your cold with a snap, with zicam. Some of these experimentsere notmay not work. Il. But a few might shape the future. Like turning algae into biofuel. New technology for capturing co2 emissions. And cars twice as efficient as the average car today. Ideas exxonmobil scientists are working on to make energy go further. No matter how many tries it takes. Energy lives here. Liz okay. Folks, with 45 minutes before the closing bell rings, its the nasdaq you want to keep an eye on here. Its just three points to the downside, its been trying to punch in and out of positive territory. If it makes it, well see. 44 minutes now to see if it can make the green win. Morgan stanley adding to the pain on wall street today, the bank announced it is cutting an additional 1200 jobs. That includes 470 in its fixed income and commodity business right before the holidays. Terrible timing. Company also announced itll take 150 million charge in the Fourth Quarter to cover receive advance expenses. The stock is down 1. 75 . Its a tough market to trade in, especially with fixed income. Donald trump doubling down this morning on the comments he made last night, these inflammatory comments on how to handle the syrian refugee crisis in the wake of recent global terror attacks. Listen. Donald j. Trump is calling for a total and complete shutdown of muslims entering the United States [cheers and applause] until our countrys representatives can figure out what the hell is going on. Liz so he, in essence, is blaming our countries representatives, so we thought get one of them in front of the cameras here. Were very happy to be joined by congressman Barry Loudermilk, republican from georgia, who, actually, not only do you sit on the Homeland Security committee, but perhaps more pressing for our news viewers here, youre a cosponsor of whats going on with the Visa Waiver Program. Do you think thisll pass . Because were expecting to see it within the next hour or two. Well, i think it will pass, itll pass. Weve had bipartisan support for the bill. If we can get to it. Right now its kind of a circus on the floor with every 30 minutes a member of the Democratic Caucus calling for a motion to adjourn. And so were having to stop what were doing to deal with that. But were going to get there before the night is over with, and this is something its just one of 32 recommendations that a Counterterrorism Task force that i served on made back in september. And its not a fixall, but it is definitely a step that we must take. Liz well, there is no fixall, but steps are important. Donald trump has come out with what he believes might be a fixeverything situation by banning muslims. First, your opinion on what he has said about not allowing any muslims to come into this country. Look, i understand, i think i understand what his sentiments was, that most of the terrorist attacks in this nation in the past several years have been by radicalized islamic extremists. But we have a freedom here, a freedom of religion. We have a constitution that every person who takes an elected office here in this nation and every member of congress and the president swears to one thing, to uphold the constitution. I think his remarks were irresponsible, but we kind of live in an era right now where you can say anything and get away with it. We have an administration right now that says isis is contained, and so, therefore, were supposed to believe theyre contained even though theyre expanding. He says theyre the jv team. Theyre not. Theyre a wellorganized military force. Theyre a nationstate for all intelligents and purposes intents and purposes. They have a government, they have an economy. And when you look at the terrorist attack in paris, that was a wellorchestrated military operation where they were able to maintain operational security. So we have to get beyond thes irresponsible statements and actually start taking action. Liz well, heres a statement. Representative david jolly, republican from florida, is actually calling on trump to drop out of the race. Would you go that far . What does his presence mean for your party right now when he is saying things that seem to be antithetical to, a, the u. S. Constitution and, b, what america tends to stand for . I think its hurtful for the party, for the brand, and, look, were about the constitution. Were about freedom and liberty for all, but we do have a responsibility to protect liz should he drop out on this, representative . I think he needs to come out and explain what he exactly means liz oh, hes explained, sir. Hes been on every single network, including fox news, and he has explained, he was on msnbc for 32 minutes. Hes not backing down. Theres his explanation. Well, if, and is it for me to call for him to back out . No, i dont think so. But i think its time for the American People to wise up to whats going on in this nation. And so, hey, he has every right to continue to run. I think if hes going to drop out of the race, thats a decision he has to make, but i think the American People need to Pay Attention not just how hes saying things, but what he is saying. Liz working hard in congress, you are, to try and make sure that this country stays safe, and we do appreciate it. Congressman Barry Loudermilk, let us know what happens. In fact, weve got our cameras trained on the floor of the house to see if that visa waiver tightening program will come through. Thank you very much. Tune in to Charles Payne tonight. Why . He has that congressman, david jolly, who is demanding donald trump get out of the 2016 race. Its a dontmiss, cantmiss interview, charles has got it. 6 p. M. Eastern. Closing bell, were 40 minutes away. So we also have to tell you about the latest on the chipotle e. Coli outbreak. As you know if youre a fan of countdown to the closing bell, it did not scare me off exactly two weeks ago when i enjoyed by veggy burrito bowl with no effects ten days later, because thats the incubation period. How many people are reconsidering now that 80 people in boston arent feeling so good right now . Lori rothman talking to patrons at one of chipotles most successful new york city locations. She is right there. And a question for you, who is best equipped to stop isis and protect Americas National security . Is it facebooks mark zuckerberg, apples tim cook or president obama . May all depend on which side of the privacy encryption debate youre on. Former nsa director general Keith Alexander answers that question in a fox business exclusive just minutes from now. Should we reinstate the phone Data Collection that was shuttered a week and a half ago . Tweet me or post on facebook. Com lizclaman. All of our clinks to all links to all of our interviews are on lizclaman. Com. Please be part of our family. Dow is down 164 points right no moment. Right this moment. Opinions. Theres no shortage in this world. Who do you trust . Whose analysis is accurate . How do you make sense of it all . A simple, unbiased stock score consolidated from the opinions of independent analysts. Is that too much to ask . Nope. Equity summary score, powered by starmine, will help you execute your ideas with speed and conviction. And its only on fidelity. Com. Open an account and find more of the expertise you need to be a better investor. Liz ive got this breaking news, and it is just moving right now. I have just pulled this from twitter. Donald trump has just tweeted a few minutes ago, quote a new poll indicates that 68 of my supporters would vote or me if i departed the gop and ran as an independent. As this is breaking right now, i am seeing this is a poll that hes referencing from usa today, suffolk university. Is this a shot across the bow . He has been pummeled by republicans. You just heard representative loudermilk saying its not what we stand for. A couple of other quotes, jeb bush came out this morning and said donald trump is unhinged by suggesting muslims should be bans from entering this country, Lindsey Graham has said that donald trump is the isil man of the year. Hes xenophobic and a religious bigot. So donald trump is now making noise that possibly again, were trying to interpret this, but possibly can we show that tweet one more time . That he might consider leaving what has become a very unwelcome atmosphere with the gop and possibly run as an independent. We will get you anything more on this story as it becomes available. Now lets get to some sports news here. Its a slam dunk for lebron james. The superstar forward has struck a lifetime sponsorship deal with nike. The first of its kind, and it certainly pays. The the contracts expected to be worth well over 300 million. The market cap of midsized companies. Small caps and mid caps. Thats in addition to what nike and lebron have made over the past 12 years, but we thought wed do some dig doing. As soon as this news came out, the used lebrons for sale on ebay began skyrocketing. Heres one going for a mere 8,000. And these nike zoom lebrons are selling for a massive 10,000. But nike may soon be in for some competition. You should armours gaining under armours gaining traction with soaring share price. In the past year, under armour shares have soared nearly 250 , while nike no slouch saw a 185 gain. The Golden State Warriors are undefeated at 220, and theres the nike under armour check this, both moving higher today. Chipotles in a difficult position. It was a couple weeks ago that it had its first scare we coal lie, but now we coal lie with now 80 students ill near Boston Colleges campus, the stock is moving lower by two and a third percent, and the number of sick are climbing from just 50 this morning. We thought lets get lori rothman to the chipotle this midtown manhattan. And what are you getting the sense from the people who are there, lori . Reporter theyre unfazed, steady stream of people. Weve been out here all day really and the lunch rush was pretty much what it normally is. We talked to a lot of folks as they came out from their lunch and said, how was it . Whyd you decide to eat at chipotle . Havent you heard about these e. Coli issues and this latest instance which, by the way, chipotle is sayings likely a nor provirus, but it hasnt been confirmed by the cdc. Honestly, im not super concerned about it. Maybe its stupid, but im going to keep coming here anyway. Take the risk. It hasnt stopped me. Reporter are you not worried about it . No, im not worried about it. Im not worried about it either. I dont really care. I did check the stock, and the stock completely plummeted reporter have you heard about the e. Coli outbreak . Yes, i did. Reporter did that make you nest . Of course it did. And you decided to take the risk . Took the risk. It was so good. [laughter] reporter good stuff, right . I mean, were standing out here all day, liz. Ben west, our awesome photographer, was like, you know what . I have kind of a craving. Check this out, he had lunch there too. Liz, so i got something for you. I had no problems here. Liz, you want a bite . [laughter] liz i do, i do, ben. Thats our ben west. Reporter hungry time. Liz hes as gutty as i am. I would eat there all the time reporter and i just want to make clear that you do. And chipotle is saying the situation near Boston College where 80 students were sick is an isolated case. They believe, as i said, the cdc is still investigating here, but they point to a specific instance where an employee showed up to work sick, and Health Officials discovered the meat was stored at an improper temperature. Its really taken a hit, stock off now 25 in the last three months. Liz thats no laughing matter either but, thankfully, nobody has died just yet. There may be a norovirus question about what the actual question was but, hopefully, a speedy recovery for the Boston College kids. Ben, well see you in ten days after the incubation period is done. I was fine. Closing bell, were 29 minutes away. The dow is still struggling here, down 165 points. Now, remember when everybody said follow the money after the San Bernardino shooting murders . Well, the feds have, and the trail is still hot. The discovery of a mysterious 28,000 deposit in the suspects bank account has investigators now encouraged and working overtime to find out whos doing the funding. Jeff flock is hot on that money trail. Hes going to join us live in just a second. And he was the head of the nsa when nsa contractor Edward Snowden revealed americas secret Surveillance Program, but did the revelation do damage beyond repair to our nations ability to protect ourselves . Has edward snowed been, the man on the right, become isis greatest ally . Former nsa chief general Keith Alexander joining us in a fox business exclusive next on count down and what should we do next. The generals coming right up, dont miss it. Woù est. Mon. Hotel . We have a reservation. Nous avons une. Reservation. My wife needs new shoes. Mon. Preparing to travel can get complicated. Switching your Wireless Service can be easy. Just visit your at t store and see. Can i help you . Oui. I mean, yes. Its this easy. Theyll explain your options, answer questions. And thats how you shoot a panorama. Magnifique. And right now, get three hundred dollars in credits for every line you switch. I can transfer contacts and photos, too. Incroyable. See why jd power ranked at t highest satisfaction with the purchase experience among full service wireless providers. And this is a good translation app. Merci beaucoup. Right now, aarp members can get a 10 discount on your qualified wireless plan. Plus, three hundred dollars in credits for every line you switch. To make your appointment call at and switch the easy way. Liz weve got breaking details on the investigation of the San Bernardino terrorist attacks pulled off by those two people. Fox news is obtaining exclusive information on the male shooters bank account records. So it appears that 28,500 deposit was made to syed farooks bank just two weeks before he and his radicalized wife allegedly carried out the deadly massacre. Fox business jeff flock live on the ground in riverside, california, outside the house of a man named enrique marquez. Hes the man who, correct, brought the guns for syed farook . Reporter that is correct. And part of the money trail as well, we think, liz, or at least the government is looking into that. You mentioned that nearly 30,000 deposit. The headline good news on that is it appears it did not come from someone outside the country or some entity outside the country. According to fox news exclusive reporting on this, it appears it was a loan they took out but, certainly, that goes to the issue of premeditation as well. Take a look at what syed farook was making in terms of salary, based on information that weve obtained from San Bernardino county public records. His salary was a little over 51,000 a year with the benefits, comes up to 71,000, but he wouldnt have had, of course, cash access to all of that. Hence, potentially the loan. Enrique marquez comes in because he bought the guns, there is some speculation the government is looking into whether a 10,000 withdrawal from his account, from that 28,000 originally could have potentially gone to compensate mr. Marquez. And the other money apparently going to mr. Farooks mother. The headline, liz, the good news is it didnt come, apparently, from outside the country. Liz well, the important underlying issue here is that they are on the case, the investigators are just fighting to get on this trail and, jeff, i know youll keep us posted, thank you. Jeff flock in california. So theyre looking at everything from bank t accounts to phone records. Now, the program allowing the nsa to collect indepth phone records of americans was shuttered november 28th all because of this man, former nsa contractor Edward Snowden. He, you may remember, released highly classified information about the nsas Surveillance Program during my next guests tenure as the director of the National Security agency. Outrage followed, and then the program was shut down, but the end of the program also comes at a critical moment in the fight against isis as agents of terror have taken to the web and communicated by cell phone to recruit and radicalize new members. Let us bring in, in a fox business exclusive, former nsa dictor, retired fourstar army general Keith Alexander. Welcome, general, thank you for being here. Thank you, liz. Good to be here. Liz this just struck me, and i thought let me start with this. How valuable would the nsa Metadata Program as its been known would it have been either before or after the San Bernardino shooting to track down and pinpoint not only the killers, but their possible cohorts . So i think the program was more important for what happened after to see if there are others in the country affiliated with this group. As you may recall, liz, that program was actually to look at those outside the United States communicating with people inside the United States. In that regard, probably not a lot of value to start. But if there were other entities in the United States that were talking to this group that were going to conduct mumbaistyle attacks, it would have been critical for it. Liz but we dont have it. Do we need to get it back, general . Well, i think thats one of the things we should look at in some form. Now, supposedly the Service Providers are supposed to give us that, and i think theyre working their way through. I think what the president ial review group came up with, actually, is a good stages point for staging point for our country. But what you bring up, liz, is a hugely important issue. How do we approach countering terrorism at a strategic level of which this is one piece of it . What are the intelligence authorities we have . I think we have to put all of that together and have a debate within our country of what we can and cant do; Law Enforcement, intelligence agencies, gun control and arrests. Whats our strategic approach to countering terrorism . With this program i do think we should bring parts of it back. I think we should have outsiders like Jeffrey Stone and others look at it every year to make sure that what nsa and Law Enforcement are doing is exactly right. Liz okay. Well, you know, you talk about somebody as yourself whos fought on both real battlefields and on pixelated battlefields. Who now, have we ceded the power to go after isis to is it the Mark Zuckerbergs of facebook and the jack dorseys of twitter . Is it tim cook with apple because of the phones or is it president obama . Who holds the keys now to going after these guys . So thats a great point because technologys moving at a great pace what the Technology Companies can do in encrypting data would make it very hard for Law Enforcement and Intelligence Community to get after it. I think what everybody is calling for is a discussion between the Technology Companies and our government on what and should we do. And, you know, liz, i think this is something that should be not only a u. S. , but an international approach. Its got to be. Liz do we leave it up to anonymous, the hacker group . They are in just a few days going to do a whole day of lets attack isis through the web and through all of these social media sites. I mean, whoever thought we would be linking with anonymous to get these guys, but maybe they have more power x thats a sad state of affairs, is it not . Well, it is in that one statement, but note that attacking isis just on the web is not going to be sufficient. Weve got to attack it across all these fronts. Whats it take to defeat isis . Is and, you know, its more than attacking on the web. Its the physical attack, its shutting them down, its multiple countries working together. I do think we have to look at allowing terrorist groups like isis to use the internet for recruitment, for social media. We ought to look at that. And so i think in that regard getting the Tech Community together with our government is the only way we can handle it. You know, were allowing them to recruit folks to radicalize folks using our internet capabilities that we developed. We ought to, we ought to work that together. Liz general, youre a fourstar general, and were talking about the web, and were talking about phones. Should we have boots on the ground too . Well, thats i think so, yes. To be candid, weve got to have some, and i think they are looking at what you can put on the ground. But before you put boots on the ground, i think i would step back and say whats the strategy to solve the terrorism problem. Liz right. And, you know, that talks about things like security, stability, Economic Development in the middle east so that these people have something greater than jihad to go for. Im concerned, think about egypt. 25 unemployed. Liz yeah. What do they have to look forward to . So we are right now not going at the roots of terrorism. We need a strategic plan. Liz okay. And i think the tactical part that you bring up, boots on the ground, yes, we should do that, but that should be embedded in this comprehensive strategy. Liz general Keith Alexander joining us in a fox business exclusive. Thank you so much. Thank you, liz. Liz he also runs iron net cybersecurity, the guy to go to for that. General Keith Alexander, our thanks. We will be right back, stay tuned for more. You both have a perfect driving record. Perfect. No tickets. No accidents. That is until one of you clips a food truck, ruining your perfect record. Yup. Now, you would think your Insurance Company would cut you some slack, right . No. Your insurance rates go through the roof. Your perfect record doesnt get you anything. Anything. Perfect for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. And if you do have an accident, our claim centers are available to assist you 24 7. For a free quote, call Liberty Mutual at switch to Liberty Mutual and you could save up to 509 call today at see Car Insurance in a whole new light. Liberty mutual insurance. Hgoogle voice response t inachim sigsa. How long does milk last . Google voice; one week after the sellby date. How much vitamin c is. Is in an orange . Set timer for twelve minutes. Google voice ok, twelve minutes. Where can we find donuts around here . Coffee . What about crepes . How about a bagel . What is the most important meal of the day . Google voice breakfast is the most important meal of the day. Liz herbalife taking a major shot at its arch enemy today. We have obtained a letter that the nutrition companys Legal Counsel sent to pershing square, the hedge fund run by billionaire bill ackman. Its a juicy letter. Charlie gas primo. Right. What theyre saying is this youve hired private investigators, we are hes looking to dredge up confidential information about our product. We think thats crossing the line into illegality. Please stop, cease and desist right now. Were going to have a writeup on this on foxbusiness. Com. Were going to put the letter on there. The letter is being, essentially, written by barry goldsmith. Interesting guy, used to work for the sec and nasdaq, and hes one of the better Financial Crime investigators over the years, i could tell you liz well, scared me. Hes a nice guy. Liz scary letter. He was one of the guys that went after the sleazy Analyst Recommendations where analysts get paid to recommend certain stocks through Investment Banking fees. He was on the front lines, so this guy knows what hes doing. And he did send the letter to ackman and this private investigator to allegedly dredge up this information. Neither ackman, nor the investigator is going to comment, but this is the latest salvo in this fight, and its interesting. Herbalife initially, when this battle began weve been talking about this for how many years now . Feels like forever. Liz december of 2012 is when bill ackman said i hate this company, it is a pyramid scheme, and im going to short it. Were going on 2016, and for three years, and whats interesting is at first herbalifes modus operandi was, screw him, let him do what he wants, the market will take care of itself. For the last year, i would say, th have markedly ramped up their fighting of bill ackman. They have gone after him. Theyre obviously now going after his liz well, it started to kill the stock. It was as 27 as bill ackman said this company shouldnt exist, and now look at it. The annual high is about 61, so theyre climbing back. Yeah, its climbing back. It was as high as 70, wasnt it . Liz well, this year, 61. 95. It was higher at one point. Liz no, thats a six month. It was higher at one point. It was close to 60 and maybe higher. What have we got there we go. Look, it was at 80. It came down. Look how far it came down, now its back up again. When it made that dip, i think, is when they said, listen, were bringing in a guy named alan hoffman, hes going to run our Strategic Communications and corporate affairs, were going to bring him in, and youve seen a fightback which is basically contributing to the strong coming back. They are not taking anything for granted anymore. Theyre fighting for their lives. Ill tell you, it was interesting, Michael Johnson whos the ceo had an oped a couple weeks ago in the washington times, i believe it was, where he went after ackman again. Theyre definitely on the defensive. Im not going to recommend whether to buy the stock or sell it, i can just tell you that the ftc, remember, theyre being investigated by the federal trade commission on the pyramid scheme accusations from act match, that should be coming down pretty soon. Liz well see what happens, but the billionaire, ackman, will not give up go to foxbusiness. Com minutes, were going to post this letter. Liz herbalife is jumping, charlie, up about half a percent. Really in good. Liz so it has moved on that. Charlie gasparino. Well be back in just a few moments, the dow down 128 points, at the lows it was close to double that to the downside. Stay tuned. How low will oil really go with just eight minutes left to go . Announcer a horrific terror attack in paris. Then, a brutal act of terror here at home. Its time for a tested and proven leader who wont try to contain isis. Jeb bush has a plan. To destroy them. And keep america safe. Jeb bush the United States should not delay in leading a Global Coalition to take out isis with overwhelming force. Announcer tested and proven. For the content of this message. I consider this is selling opportunity. There is a lot of reasons for crude to go down. We need to wait for iran thing to be resolved. Theyre geared up to dump a lot of oil on market. If that happens well go down another 10 or 15 bucks. I still think 33. I look for crude to sell off. Mr. Buffett is buyer. I personally dont see it. We have tons of oil. More coming and good for everybody to go lower. Liz back in july, Elliot Warren called it. Oil at the lowest level since february. Aftermarket session still down about three pennies. Here to take a victory lap, are you already out of breath, elliot . Hold on. He is so out of breath we cant even hear him. He is there. We have the mic up. We have mike holland toive you applause. He thinks it is going slightly lower but not much more. He think it is bottoming. What do you think, elliot . It will go to 33 in my opinion. If there any reason for that to be the bottom i would like to hear it. I think it keeps going lower. There is tons of oil. Nothing is changed. Why do you say 33 if it is going lower . How low will it go . I think you will see a two handle. I think it could get into the 20s. Why not . It has been significantly lower. No reason on the horizon to rally. We talked with eric bolling who has been in the pits for many years. So have i. His point, when they go they go too far in both directions. Going from lows 30s to high 20s. You started bandwagon before a lot of people jumped on it. Feels like there is so much emotion. Feels like a classic bottle i dont think, can you see this . Holding up andrew jackson, two handle. 20dollar bill will do it . You. Need some reason to change. We were talking on friday. Facts are a stubborn things. There is glut of oil. Opec is not cutting production. There is no shortage. It is not cold out. There is no reason. Liz people eight months ago said pile into schlumberger and halliburton, some of these other names because they thought the bottom was there. But, mike, when we ask you this, it all dovetails what is going on with the lower book here, down 152 points for dow jones industrials. Oil is bringing down the markets. Does that trend continue . Oil by itself can not take down the market but collateral damage. Liz oil names part of the s p and dow. Exxonmobil which you like. It is larger. The junk bond market is in shambles because of the energy sector. We have regional banks heavily into the energy area, were trading down more than other things. If this become as systemic thing, rather than specific sector thing, then theres a problem. Liz mike holland, thank you very much. Elliot, i need to tell my viewers. I ran into elliot in the hamptons and getting all the chicks to run around him. I called the oil bottom. I said it is going lower. Definitely going lower. Liz elliot, thanks so much. That is it for countdown to the closing bell. David, melissa, a lot of red on the screen of the oil is the central story. David it is and wild markets and while politics. Donald trump calling for complete ban of muslims entered into the United States. A statement condemned by most of his gop rivals on both sides. They are saying this should disqualify him for running for president. Melissa 28,000 was deposited in syed farooks bank account two weeks before the mass shooting in San Bernardino. Where did it come from and where was it going . Were following the money. David 80 College Students fallen ill eating at chipolte restaurant near campus. It is not e. Coli they said. This is something different. [closing bell rings] melissa dow down 160 points as the closing bell sounds on wall street. Nasdaq basically flat on the day, down just a little bit. Crude oil trading at 37. 65. Lets go trait to phil flynn of price futures group. Fox news contributor and in the pits of cme. Phil, oil settling at the lowest settlement in nearly seven years. How much lower do you think it can go . Thats the big question. Right now you have to look at