Syria and demanding a better way to handle syrian dictator Bashar Al Assad as the middle east roils over and its sickening violence spills over to our country. We have the former ambassador to saudi arabia on what the Obama Administration needs to do in the wake of what looks like mutiny at the state department. Ambassador Robert Jordan is here live along with former president ial candidate, former arkansas governor Mike Huckabee. And will they or wont they . The british decide next week to exit the e. U. , that vote causing angst on wall street. We are still down about 31 points for the Dow Jones Industrials on this final trading day of the week. And oil is gaining some ground. Plus, whos the most vulnerable u. S. Company if britain were to decide to break up with the European Unionon . And do you even want to own that stock or jettison it right now . The Cleveland Cavaliers win game six, but is the poison apple accusation of rigged games going to sicken the nba . And Charlie Gasparino has the latest on the epic fight for control of media giant viacom. Were less than an hour to the closing bell this friday, lets start the countdown. Liz off the lows of the session, but as we go into a weekend with huge question marks at this hour, you can see there is still red on the screen across the board here. The s p losing about 4. 5 points with the closing bell 58 minutes away to ring on this friday. All three major u. S. Indices showing some stress for the entire week. Look, its quite obvious we have whats called riskoff on wall street this hour. Oil snapped its sixday losing streak, and look at this, it settled up nearly 4 today and in the after market session were holding onto just about all of those gains. To put things into perspective, oil has been down two out of the last three weeks. Despite the broader or market pullback, theres a green as golf links bright spot. Golfing stocks. Were into the second day of the u. S. Open tournament. The action appears to be sparking upside moves to golfrelated names, under armour, dicks sporting goods, nike, callaway golf is the one laggard, down just a fraction. You could call that flat for a moment. To the terror attack in orlando. Now more than ever it is dominating the headlines. New developments at this hour just as victims of families begin to lay their loved ones to rest. Fox news confirming in the last hour that the shooters wife, despite her contradictory comments about this, was indeed exchanging texts with her husband just as he carried out the 49 murders at the orlando nightclub. So the how and why questions are causing mass reverberations at this hour as fbi director james comey travels to orlando today. And he has told the media dont blame the fbi agents. Fbi agents do not keep investigations open indefinitely. So since that murderer on your screen hadnt officially joined a terror group, the fbi closed its 2013 query. Americans, including those working in the administration right now, are losing pairption with all of this. It has been revealed that a stunning 51 state Department Officials have signed an internal memo protesting president obamas policies in syria, calling specifically for targeted u. S. Military strikes against Bashar Al Assads regime. It appears there is mutiny on foggy bottom, that is the region of d. C. Where the state department sits. Lets bring in peter barnes. In fact, youve been monitoring the state Department Report today, is it still going on right now about the memo . Reporter yes. It is, liz. John kirby, state department spokesman, is briefing reporters right now on the memo, not saying much other than to say that it exists. And what is so surprising about it is 51 state Department Officials, members of the diplomatic corps, sending this memo through a back channel to the entire department and the secretary of state john kerry. Kerry was in denmark today, and reporters caught up with him, asked him about this memo which was highly critical of the u. S. And the Obama Administrations strategy in syria. And the state, the secretary of state saying he had not read it yet, but he is not dismissing its. Listen. I think its an important statement, and i respect the process very, very much. People or have a chance to talk when i get back. Reporter so this memo came through something called the dissent channel which was set up during the vietnam war to allow employees to express alternative views and perspectives on policy issues. Department watchers are calling the number of signers on this memo on syria unprecedented. It calls for judicious military strikes against the assad regime to help force a political solution, a peace settlement there in the civil war. The wall street journal reporting one line from the cable. Let me read it to you. Quote failure to stem assads flagrant abuses will only bolster the ideological appeal of such groups as daish even as they endure tactical setbacks on the battlefield. Everybody in d. C. Is talking about this memo today, liz. Liz okay. And we should explain. Its not out there. It was allowed to be seen by the wall street journal, correct . Reporter right. And the new york times. Liz yeah. And the new york times. Reporter we have not gotten a copy, and they say theyre not going to release a copy. Liz well, 51 people within the administration. Its pretty stunning, isnt it . Peter, thank you very much. Reporter you bet. Liz so the fight against isis taking another twist today. In a dramatic advance look at these iraqi forces, they have retaken a Central Government compound in fallujah that has long been held by isis forces. But that good news comes just one day after cia director john brennan testified that americans should still expect to be attacked again by isis sympathizers. With me now in a fox business exclusive is the man who understands the middle east like no other. Former u. S. Ambassador to saudi Arabia Robert overdab. Jordan. First, your thought on this state department signed by 51 internal employees about the criticism they have regarding the administration and how its handling the syrian situation. Liz, this is a shocking development. Something that is almost unheard of. And i think it reflects enormous frustration on the part of the rank and file in the state department over what some would call the fecklessness of this administration. It goes back to the days of the red line that was declared by president obama on syrias use of chemical weapons. Liz as in they cross it, well go in well go in. Liz and they crossed it, and we didnt do much. John kerry was saying were going to initiate airstrikes, and that was waved off liz will this memo change policy . Can it force anything . I think not, liz, and heres why. From all accounts, it does not describe exactly what they want to have happen. Or what the end game would be. And so there really is not a solution to the the regimes situation. They dont call for regime change apparently in the memo. And in many ways, we have crossed that bridge. The russians intervention, i think, now means that we would be in conflict with the russians in syria if we launched any kind of airstrikes against bashar. That is probably a bridge too far. Liz okay. So it was an effort, probably wont do anything at least from where you stand. And ill bring up the texts in a minute from the wife of the murderer, but i do have to ask you about this offense that the Iraqi Military managed to pull off and take back at least one headquarters that isis has long used in fallujah. Yeah. Liz this, to me, seems like really good news. I dont want to get too excited. It is good news, and i wouldnt get too excited. These were Iraqi Special forces. This was not the regular army. They are the elite, and they had american air cover to launch the attack. What we likely will see is sunni on shia violence as a consequence of this. Many of the sunnis in fallujah have been evacuated or fleeing from the violence, maybe as many as 70,000. There are shiite militias lingering around the outskirts of fallujah and anbar province. Some of them are reported to be inflicting Human Rights Violations on these fleeing sunnis. These shiites within the Iraqi Special forces as well are not necessarily going to treat the sunnis in fallujah very well. Liz look, it all looks far away on this screen in this video that were showing, but it really hits home when you see that somebody who was inspired right. Liz by isis over there here in orlando kills 49 innocents. Right. Liz and now it appears that, according to fox news, fox news has confirmed that the wife of the murderer was, indeed, texting him during this hourslong disaster, and she reportedly according to fox news, so its confirmed reportedly at one point even told him, i love you. Make no mistake about the brutal the city of these people. Weve got to be on guard every single minute. I think as john brennan has said most recently. Liz what do we do . Well, i think we have to step up the resources allocated. For example, the fbi is now short on surveillance agents and other resources. Congress needs to appropriate more money for this, and it needs to not get hung up in Second Amendment debates about the use of guns or background checks. They need the money, and they need it right now. Liz ambassador Robert Jordan served as ambassador to saudi arabia in 20012003. Thank you so much for joining us here in a fox business exclusive. Thank you, liz. Liz closing bell is about 50 minutes away. We do still have the dow down about 41 points. And, yes, there is market weaknesses. Many, many question marks heading into this weekend, and with just 50 minutes left, we want to show you oracle. The cloud making it rain for oracle, the Business Software giant citing big growth in its webbased, ondemand computing business for its better than expected Fourth Quarter earnings. The stock is jumping about 3 . Its a large cap hightech company lifting some of the other hightech names. And markets may need an oracle to see what will happen if the United Kingdom bails out, pulls the parachute and votes to exit the e. U. But were looking to the future of your portfolio. Coming up, we have the ten u. S. Companies who are most vulnerable if the british back away. You need to hear this list, these names may be in your portfolio. The floor show next on countdown. Dont go away. There are two billion people who dont have access to basic banking, but that is changing. 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Philips sonicare. Save when you buy the most loved rechargeable toothbrush brand in america. Came out today thousands of people to run the race for retirement. So we asked them. Are you completely prepared for retirement . Okay, mostly prepared . Could you save 1 more of your income . It doesnt sound like much, but saving an additional 1 now, could make a big difference over time. Im going to be even better about saving. You can do it, it helps in the long run. Prudential bring your challenges by switching to xfinity x1. Rio Olympic Games show me gymnastics. X1 lets you search by sport, watch nbcs highlights and catch every live event on your tv with nbc sports live extra. Im getting ready. Are you . X1 will change the way you experience nbcuniversals coverage of the rio Olympic Games. Call or go online today to switch to x1. Liz we are less than a week away from britains vote on whether to leave the European Union trading bloc. So what we thought wed do for you is we wanted to do some digging to find out which u. S. Based companies do the most business the European Union. Which in turn could suffer in the short term if britain backcs away from it. Well, the u. S. Companies with the highest exposure to europe are, there are ten of them, cocacola enterprise, priceline, owens illinois, we have mondelez in there, mcdonalds, we have got a whole bunch of other names. This is the exposure that they have to revenue coming in from the European Union among other names, vf corp. , carnival, baxter and 21st century fox, a parent of our company here at fox business. So today these stocks are mixed, but you need to be watching all of these because they may be in the short term either names to avoid or names to buy if they look like bargains. Traders at the new york stock exchange, the cme group as well. Steven guilfoyle, there may be shortterm volatility, real roiling, thursday into friday when the vote happens in the European Union and the u. K. So my question to you is this is that a buying opportunity just as some names drop precipitously for a moment or two . If they vote to brexit, if they decide to leave the e. U. And there is a downsized move of more than 8 in some of these names with all the cash thats on the table, yes, that is a buying opportunity because every corporation that you just mentioned will still do business in the e. U. And still do business in the u. K. This wont be for those corporations a permanent piece of damage. Liz things would be on sale, thats the message that i wanted our viewers to at least understand from you guys as traders. Chris robinson, looking at this action, this price action today, weve got a lot of red on the screen. Nothing too awful at the moment, but it makes you wonder if its just lets stay away until we hear what the decision is. So does that mean were in a narrow trading range anything thursday friday . Oh, yeah, absolutely. I think so. If you look at the last three months of trading range, the dows been at the 800point range, the s ps been about 100point range. Were right in the middle of it right now, so youve got everybody going home for the weekend. It really is going to be the coin flip between now and thursday. And i think once were past that, then were going to be looking at the next unemployment number. Liz right. So all in all, the indexes are hanging in there pretty good, but you probably could get some volatility. And were locked, basically, were whipping around a 4 move. So youve got to get used to that volatility. And i think what he said was correct. If you get a chance to buy a stock thats on sale, step in and buy it. Liz look, we should mention what happened with oil today. Oil had a nice move to the upside, so did brent, so did arbob gasoline, up 3 , natural gas up 2 , and what did we have . I believe for the third week in a row the rig count moving higher. Every friday we get this number from baker hughes and they tell us, oh, how many rigs were started back up because so many of them have been idle. We saw another nine come back on line today. Its kind of a measly total,336. But stephen guilfoyle, as you look at energy names, often when the entire complex goes down, the market goes down. Today we see names, at least some of them, going slightly higher, but its not helping the markets. It is helping the energy sector. The Energy Sectors up about a percent. Without the energy sector, maybe wed be trade anything the lower 60s in the s p 500. So so it is a positive. Liz there you go. Its great to see both of you. Steven, chris, have a good weekend. Everybodys going to be checking their computers on sunday night to see how opening of europe happens, and fox business will be all over that. But before then youve got to stay tuned to wall street week tonight. Anthony scaramucci and Gary Kaminsky are going to recap the action starting at 8 p. M. Eastern, and then its stossel, john stossel and company. They air at 9 p. M. , immediately following wall street week. Closing bell, we are 41 minutes away. From flying mouth guards to flying curse words, up next its just a huge sports weekend as an american rookie tries to make a name for himself at the u. S. Open. Another one shows his frustration, and the worlds biggest sports star tries to end the cleveland curse. Alleyoop, lebron [cheers and applause] countdown coming right back. Cleveland rocks. My name is fred and i carve heads out of cheese. Its not easy. I was once working on a bust of Shaquille Oneill in swiss. I havent worked in swiss since. Everyone called me crazy. Things really took off when i got my domain name headsofcheese. Com from godaddy and now theyre selling like hot cakes. Made of cheese. Got a crazy idea you think you can turn into a success . We know you can and weve got a domain for you. Go you. Godaddy. Liz well, heres hoping that the u. S. Open is a lot drier than yesterday. Its day two of the u. S. Open Golf Championship at the Oakmont Country Club in ma. American rookie Andrew Landry got a lot of notoriety for sitting at the top of the leaderboard on thursdays rainshortened opening day. With the golf balls flying, heres how the leaderboard looks right now. American rookie Andrew Landry still in the lead followed by american Dustin Johnson and edge lands lee westwood. Edgelands lee westwood. Jordan spieth bogeyed and didnt finish his round, can i say it . Yeah. He uttered the word crap. [laughter] he said crap. [laughter] crap. Crap liz who do you want to win . You know, that doesnt usually happen on a golf course. Who would you like to see win . Tweet me lizclaman. All our exclusive videos are at lizclaman. Com. Now to the nba where game seven ticket prices have just hit a retail high on the secondary market. They are now approaching, folks, super bowl ticket levels. Tickets now selling for an average price, game seven, 2,153 on seatgeek. This far exceeds the previous record of 1,417. What was that for . Game five of the series. Another site, ticiq, average price there ooh, go over there, 1,593. Could be nosebleed, we dont know. Thats the average price. So far the most expensive seats sold for game seven costing 10,100. Its a courtside seat currently listed oh, by the way, this is a courtside seat as well currently listed [laughter] at more than 60,000. More than some people make in a year for one ticket. Hey, listen, to see cleveland win . [laughter] ive been waiting. Thank you. [applause] i didnt just break my ankle jumping on the bandwagon. Ive been cleveland all along. Will game seven be more dramatic than last nights game in cleveland . Will the cavs break the cleveland curse . Joining me now, patrick risch. Wow, were you surprised by some of the calls yesterday during the gamesome. Certainly. They were pretty rough on the twotime defending mvp of the league, steph curry. I was very surprised by some of the calls. Hankfully, im not a coach or a player, otherwise id be finded liz he got ejected after he got here he goes. He takes it, he throws his mouth guard out. I looked at that and said we need to see it again. We can show it. Watch him put his hand to his mouth as soon as he there it goes. And, oh. I mean, the most i ever did was toss my retainer at my little brother. [laughter] i mean, if you get the spit some people would like steph currys spit and saliva. Immediately, his wife put out a tweet which she then retracted. Too late, we have it. And she accused the nba of rigging the game just for money to make it go to a game seven instead of allowing the warriors to win. To me, it looked like the cavs were playing better than the warriors last night. No question, liz. Again, its been a great series. I didnt think it was going to return to cleveland. I thought that the warriors were going to close it out in five games when they beat the cavaliers in game four. Give credit to the cavs, obviously, the suspension of Draymond Green in game five made a different, and last night the cavaliers really brought tremendous energy. Its going to be a great sunday night in oakland. Liz you dont often get9 to say that. I went to berkeley, i can say not a lot of great sunday nights, at least when i was there. Does this hurt nba that theres these accusations that they rig games . You hear this all the time, but its not like cleveland has been complete losers. Theyve had a couple of major leads in these games. Theres no concern, as far as im concerned, liz, i moon, as you mentioned i mean, as you mentioned, theres been talk of this for years. Theres nothing going on. Again, it was heat of the moment by ms. Curry. What i think is fascinating is not only the secondary ticket prices, but also the fact that both teams are going to benefit, obviously, from a championship, but i think cleveland stands to benefit even more just because its more of a story. Obviously, the warriors won last year, so its not as new if they repeat back to back whereas cleveland hasnt had a championship in the city for years. Liz well, you know, weve been trying to fight the curse on the indian side, so ive endured a lot of this. I need to see that win. They might be beyond saving. Liz hey, hold on a minute thats not fair. Patrick, tell me, do you think the cavs have a shot at winning . Oh, no question, especially with Andrew Bogart being out. I still dont know if steph is 100 physically. The cavaliers have momentum. Im not calling them the favorite, but i wouldnt be surprised to see either team win. Liz okay. I want one of those cle shirts, those were too cool. Quickly to golf, the nba finals not the only big sports event in town. Weve got in pennsylvania at the Oakmont Country Club big u. S. Open here. The coverage, we need to let everybody know, on fox. Storms shut down the open yesterday. How does that impact the rest of the tournament . Well, folks, i know people personally that were very frustrated that didnt get a chance to see golf yesterday, but these things happen. When you talk about major Golf Championships, whats very interesting is you have a lot of people coming in from out of town. Not the same Economic Impact for the community, the Greater Pittsburgh area as youd see for a super bowl or final four, but it brings a nice increase in occupancies and the like. Liz and Andrew Landry is the rookie, currently at the top of the leaderboard. This kid is ranked, what, 624th in the world . And hes at the top of the leaderboard . Its those kinds of things where you have the underdog or the rookies Cleveland Cavaliers that can really get viewership, correct . Well, it depends on how compelling the player is. This particular player seems, you know, hes a young american, relatively new on tour. This is his first major championship. I dont know if he has the it factor that, obviously, a Jordan Spieth does liz or a rory mcilroy, yeah. Or even Dustin Johnson whos another american whos much more accomplished and has never won a major. So hopefully he can continue to play well. If he finishes in the top ten, hell see a spike in his own doorsments, for endorsements, for sure. Liz patrick has to teach sports. I love it. Washington university of st. Louis. Hey, make sure to watch the entire u. S. Open on fox. Fox sports one, by the way, has Coverage Today until 5 p. M. Eastern and then on the Fox Broadcast Network for the rest of the weekend. The low of the session for the dow today was a loss of 1330 points. Weve certainly come back off that ugly floor. Were down about 55 for the moment. Now it may be more than just harsh words standing in Donald Trumps way. Theres a new force that appears to be hoping to block the presumptive nominee at the convention, and that force could have the rules on its side. What is it . Well explain. Donald trump supporter and former republican president ial candidate governor Mike Huckabee next on the forces working for trump and his road to july. Governors coming right up. Stay with countdown. This just got 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. 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We use the microsoft cloud to visualize information so we can track down the criminals. When it comes to the cloud, trust and security are paramount. Were building what we learn back into the cloud to make people and organizations safer. Im to Melissa Francis with this fox business brief. Right now the dow is trading lowerrer on the day, Lumber Liquidators up 21 . The company says keep going, guys it will not resume the sale of its inventory of chinesemade laminated flooring. The flooring has been the focus of a controversy over whether it might cause cancer. Lumber liquidators has pledged to continue testing its floors. Gun maker smith wesson up 8 after Quarterly Results topped expectations. The stocks of other firearm makers have rallied following Mass Shootings and the possibility of stricter gun laws. China is telling apple they may have violated patents in their iphone 6 and 6 plus. The company may have to stop selling the phones in the country, but it can appeal the ruling. Apple trading down. More countdown to the closing a your enterprise uses goes up. Smart devices are up. Cloud is up. Analytics is up. Seems like everything is up except your budget. Introducing comcast Business Enterprise solutions. With a different kind of network that delivers the bandwidth you need without the high cost. Because you cant build the business of tomorrow on the network of yesterday. Thats why i run on quickbooks. The busidetails. Tomorrow i use the payments app to accept credit cards. And everything autosyncs. Those sales prove my sustainable designs are better for the environment and my bottom line. Thats how i own it. Liz after a week of poor poll numbers, republican establishment backlash and some missed opportunities, donald trump may have one more problem to contented with. Contend with. Weve got this breaking news. The most organized effort to stop donald trump has apparently concocted a new plan to stop the billionaire in his tracks. So hes what it is heres what it is. Its led by a republican delegate from colorado in what is being described as an anybody but trump campaign. The plan is apparently to unbind delegates so that at the convention in cleveland they can vote for whomever they want. Between 3040 delegates spoke in a Conference Call last night to lay out their plan of attack. The measure will be up for vote by the Convention Rules committee on july 14th and 15th, just a few days before the convention formally convenes. But Reince Priebus still contends nothing to see here, tweeting last night flying to dallas now with real donald trump. Reports of discord are pure fiction. Great events lined up all over texas. Republicans will win in november. Lets bring in former republican president ial candidate and former governor of arkansas, Mike Huckabee. Welcome, governor. To this news right off the bat, this plan, apparently, to unbind the delegates so they can then vote for other people who knows who could this derail Donald Trumps candidacy . No, it will derail any hopes these people have of ever being invited to anything again in the republican party. Let me be clear. Them doing something as absurd and, to be blunt, as stupid as this would be, they would be better off getting a thousand skunks, letting them loose in quicken arena and popping them with a pellet gun so they all release their stink, because it would be less smelly than these guys trying to up end the process at this stage. We have a nominee. He won the most votes of anybody. Im one of the people he vanquished, and they need to just get over it and get behind him and lets beat hillary in november. It really needs to be as simple as that, liz. Liz i agree. He got the most votes, and if you go against Something Like that, thats going against, certainly, the will of the voting public in the primaries, definitely. Yes. Liz off this, though you have this, though, and donald trump has often said he loves the polls, he cant possibly love the poll that shows that hispanics really dislike him governor huckabee, 89 of hispanics have an unfavorable view of donald trump. They are a huge minority in this nation. What does he need to do about that . I think he needs to explain that hes not against them, but he is against anything that hurts their future in america as much as it hurts anybodys. You know, i find it interesting, a lot of people are upset with him because of the talk of the wall. What did president obama just get approved today . He got approved for white house wall to be lifted from 7 feet to 11 feet, 7 inches. Now, supposedldly, its a whiz bang wall. Mr. President , if walls dont work, why the heck are you building a new one around the white house in. Liz governor huckabee, surely youre not, surely youre not comparing a security wall around the white house to protect any president who stays there with this idea of a wall with that certainly listen, we may very well need it, but it offends a lot of hispanics who live in this nation who feel that the message of the way it is given makes them feel like theyre you should attack here in this country. No, its not about keeping people out who are hispanic, its about keeping people out who might come to this country to do harm. And we know now that there are people who are affiliated with isis who see this as a rich environment to get to america without having to go through the oldfashioned way of applying for a visa or a permit. So its not an antihispanic wall. I just got back from israel yesterday. Ive been there dozens and dozens of time, ive flown a helicopter the entire length of the wall. One of them said wasnt this offensive, to put up a wall . When you put up the security wall in israel, suicide bombings went from a thousand a year to zero a year. Liz right, right. Why did you put it up . To protect the people. Why do we want to put up a wall . To protect americans. And i think thats defensible, and i think he can defend that downeen now and november. Ballot races, senatorial races and things like that. Marco rubio, one of your former e get to haves and copped trumps competitor, has announced that, you know what . He will run once again for reelection as senator of florida. Whats behind all of that . You know, you have him reportedly facing off against a republican a democrat who may very well have a better shot if a lesser known name were running here because of, perhaps, some alleged distaste against donald trump. This is florida. Donald trump lives there part time of the year. What do you think about marco rubio jumping back in . And does he have a chance of winning . Oh, i think he does. Hes well known, hes generally well liked. I think the difficult thing for marco is that he was so adamant about saying no matter how it turned out, he was either going to be president or a private citizen come january. He was absolutely clear that he didnt like the senate, and he wasnt going to go back. And in part, the main reason because he just didnt enjoy it. If i were a democrat, id make him answer for that every single day. So hes got to come up with a good reason, and it cant be cuz the people just pegged me to run begged me to run, because everybody whos running can claim that their friends all beg them to run. We always do that. [laughter] liz welcome back from israel. Governor huckabee, thank you so much. You bet. Thanks, liz. Liz anytime. Mike huckabee. Closing bell, were about 17 minutes away. Another machete, so to speak, emerging in the battle for control at the top of media giant viacom, and wait until you hear about the golden parachute one executive has, one that could kick in top exec Sumner Redstone gets his way in breaking up the board. Charlie gasparino has been all over the story. You know what . Lets hear it for the boy. Hes been breaking news right and left. [laughter] hes back for more. Were the team, charlie, you and me. Innovative sonicare technology with up to 27 more brush movements versus oral b. Get healthier gums in 2 weeks guaranteed. Innovation and you. Philips sonicare. Save when you buy the most loved rechargeable toothbrush brand in america. Approaching medicare eligibility . You may think you can put off checking out your Medicare Options until youre sixtyfive, but now is a good time to get the ball rolling. Keep in mind, medicare only covers about eighty percent of part b medical costs. The rest is up to you. 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These are the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. Remember, medicare doesnt cover everything. The rest is up to you. Call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. Go long™. Liz the viacom soap opera getting more wild by the minute. At issue is control of the media giant, and its current ceo, Philippe Dauman, is pushed out by Sumner Redstone, the man at the top, there have been other names that have been floated as possible replacements. These guys dont want it. We can put them up on the screen. Charlie and i have already eliminated the possibilities for most of these people, jeffrey catsen burg, dreamworks. Hes not going to do it. Chase kerry, executive vice chair of 21st century fox. The decision may come down to a man whose name has not been put out there yet, tom dooley. Now, dooleys been involved with viacom since 1980, but he is a very close confidant of Philippe Dauman. Interestingingly, he was not one of the names Sumner Redstone tried to boot off the viacom board yesterday. So what are you saying this really means, liz . Well, you know, back in march he resigned his contract, and in that contract it indicated and it may very well affect whats happening now was a provisioning that possibly provision that possibly makes him one of the most expensive line items in the history of contracts. If dooley doesnt get the ceo nod or if the board is changed, he can decide to depart, and he gets a 60 million plus payout. I called a Viacom Company spokesperson who told me, quote it is factual that tom dooleys contract would pay out 60 plus emergencies but should the courts decide it was fair to alter the board, dooley can walk and get paid out. Lets bring in Charlie Gasparino on the possibility of any of that. I think its very possible. We should point out two things that im hearing, then i want to show you a really interesting chart, particularly if youre a viacom shareholder or if its any any portfolio that you have. Philippe dauman, i think, is gone no matter what. I talked to his loyalists on the board, i think hes out. Hes damaged goods. A lot of bad stuff. Liz a lot of money. Hes out no matter what. Now, with that being said, look at this chart. This is how much if dauman goes, if dooley goes dooley eventually goes, and how much Legal Expenses were talking here given the fact that sumner is suing them, theyre suing sumner meaning the board and fred soler know and the current management in delaware court, and the likelihood that both dauman and dooley are likely to leave, think about how much money this is going to cost the shareholders. 95 million for dauman, 63 million for dooley. And here is where it gets interesting depending on how long this thing lasts. If its a protracted legal struggle and then they leave, Legal Expenses between 340 million. You are talking this whole thing, and were being, i think, conservative herere is going to cost the viacom bottom line 200 million. Now, we are talking some this is simple math. The Legal Expenses is something that weve been bouncing off, my producer and i, brian schwartzman, bounds off experts can be bouncing off experts. As you know, corporate lawyers are extremely expensive. These guys are, like, they rack up the fees. Were talking about a 200 million line item, maybe thats why the stock is down a little bit today. Liz yeah. And also, charlie, can i just jump in here . When youre looking at all of that money, youre also looking at a highly litigious family, the redstones. My sources were telling me there was a court hearing, 22 lawyers representing various members trusts. Liz of the Sumner Redstone family. Some dont like him, some dont like his daughter. 22 lawyers. Heres why. Remember, he controls cbs and viacom via something called national amusements. The ownership is carved out into a family trust. And to him. He owns 80 of it, then some of it goes to his wife excuse me, to his daughter, and then rest of it to various members, various parts of the family that are part of the trust. And the trust, essentially, controls all that even though hes the main guy. So thats why him, you know, calling the shots is so important. Liz the question of his competency is still out there. Thats what fred salerno and Philippe Dauman are saying right now. He is not competent to make the calls. Hes not meeting with us. Liz thats the biggest red flag, dont you think . None of the Board Members this is weird, folks. If you are running a company and youre on a board, you get to meet the chairman on occasion. Or the owner, or the guy, the guy that calls the shots. Now, im going to say this, i know fred salerno a long time. Hes been on a lot of boards, longtime fixture in corporate, in new York Financial circles. He doesnt need this job. He doesnt need this insanity. Hes not getting paid enough for this. Hes made his money. Im just telling you that, you know, for him he wants dauman in there ill wrap in a second, just want to make this point. For one reason and one reason only, he thinks the sale of paramount is going to add shareholder value, value, and hs the company is better smaller, thats why he wants to keep dauman. Liz Charlie Gasparino, a little assist from his producer, weve been out ahead on this. I agree. Liz charlie, thank you so much. We want you to watch all of our coverage, by the way, of the United Kingdom vote to exit the European Union because Charlie Gasparino is jumping on a plane. He will be live there next week. It matters to your money. Theres a lot of uncertainty. Its being reflected in the markets. Were going to be back with more, the closing bell is six minutes away. The dow is down 55 points. But, youve got hum. So you can set this. And if she drives like this, you can tell her to drive more like this. Because youll get this. You can even set boundaries for so if she should be here, but instead goes here, here, or here. Youll know. So dont worry, mom. Because you put this, in here. Hum by verizon. The technology designed to make your car smarter, safer and more connected. Put some smarts in your car. Liz 3 1 2 minutes before the closing wellll rings. Investors gearing up for the when strategy on how to weather next weeks potential of britain from the European Union . Is it time to abandon ship or ride out the storm. I dont know, what do you think . Jump right in as things start to get crazy . I dont think the britain exit is likely. The polling in britain is notoriously bad. The numbers are showing most people are betting they will stay. But if they dont, you need to be defensive. You need to protect your portfolio. If it does take place it could get ugly over there. Li i like your liz i like your picks. B e, unilever. They do business all over the world. Is that your way of being defensive . If they were to exit, the commodity sector is probably at the bottom end of the cycle. You are looking at a field with upside potential. So rio tinto is a wonderful area within that commodity sector that could take place. Bae, they cant unwind from the euro. The referendum wont take the Defense Sector out of the euro. Liz its like putting teflon around your portfolio. You guys at iht are closing in on about a billion in management. Advise our viewers on dealing with management. Dont buy into the fear. The fear factor is telling people the smart people, the moderates, the middle of the roads will vote the other way because its morris canny to jump on it. We are big contrarians. When everyone is running one direction go the other because you will make more money. Gold is down, take advantage of that fear. Liz there is the closing bell. We have got market set to close lower for the week. Let me send it over to ashley and melissa for after the bell. Reporter stocks ending the week in the red. Melissa here is what else we have for you this hour. Shocking allegations the company knew report that would have prevented an attack on a 2yearold