Plus the head of dnc, in the middle of another debate cheating scandal. What todays batch of wikileaks now revealed. Donald trump barnstorming through michigan this hour. Election just eight stays away. Polls are tightening. David very exciting. Back to the market. Dow ending in the red for the Third Straight month is longest losing streak in five years. Fox business contributor is watching action in oil and gold from cme. And Ashley Webster on floor of new york stock exchange. Ashley before we get to anything else, you have breaking news on valeant. Go ahead. Seen stock price tumble down 12 1 2 . Word of a report from bloomberg that says u. S. Prosecutors, now focusing on Valeant Pharmaceuticals exceo, and excfo. J Michael Pierson and exceo howard schiller. They are looking into potential accounting fraud charges related to the Canadian Company hidden ties, it gets confusing but to ties to a Specialty Pharma Company that valeant secretly controlled. In other words were they funneling
On this story. According to sec documents in my possession, documents right here, pierson sold 288,000 shares on june 30th for proceeds of 5. 7 million. That was filed and is publicly known. Then on july 1st, and this appears to be new. The motherload. 4. 1 million shares, with proceeds of 82. 8 million. There was another sale known by now some 411 million shares, total proceeds from all this, 96. 8 million. My panel with me, and kate on the case. Boy, interesting. I dont think the market knew or knows about this sale of the 4 million shares. Might explain, scott, why were not seeing a down tick in the stock price right now. Very interesting. I think on the one hand, pierson might be expected to want to liquidate holdings, no longer has skin in the game except as a matter of principle. A company he helped build, of course a darling of many hedge fund investors. Their benefit and litter detriment for some time. Sequoia as well. Popular stock for a period of time. Replaced by joseph popp
President and ceo walter isaacson. Great to have you on the program. Great to talk to you again. Our top story will be this. New privacy concerns surrounding pokemon go and its creators. Some are calling out the company for collecting massive amounts of player data. In a letter he writes im concerned to the extent which niantic may be unnecessarily collecting using and sharing a wide range of users personal information without their consent. The games creator released an update adjusting how much data it actually has access to but clearly were in the opening innings here of trying to understand the social regulatory, political consequences of augmented reality. Exactly. I mean, here in aspen yesterday all sorts of people wandering around there and of course youre using it and its collecting your data and also collecting all of your google data. Thats a little bit much. One of the wonderful things about it is it will inform us and make us think more about what data we want to block and
Word to use theyd stayed with the swimmers. Theyd stayed with the swimmers. And this driver, when he heard the news, he called in the information that he heard from his taxi, and he brought this to the attention of the police unit. And that began to tell us that the athletes or at least one of them had a motive, perhaps, to tell a story that was different from the real one. This had not been disseminated previously. Now we can reveal this. Several measures were taken. We looked for images, we collected images from closed circuit cameras at the gas station and other places and their arrival at the olympic village, and we began to investigate. The unit for serving citizens is a special unit to liaison with the citizens, and we sought people who had the real version of what happened and that this, perhaps, was not a real robbery, but they entered in contact with the Police Chiefs headquarters, and these individuals, these citizens who said they had knowledge of the true happenings had a w
Shots fired cross the bow by candidates last night. And where we go from here. Charged with conspiracy, what the former head of Chesapeake Energy is facing. Ted olson will join us about the companys next move. But it was a big win for front runners donald trump and Hillary Clinton on super tuesday. Both winning in seven states. Clinton showing her strength with minorities in the south and trump taking on states from massachusetts to the deep south. Marco rubio landing his first win in minnesota. Here are some highlights from last night. Take a listen. Instead of building walls, were going to break down barriers and build [ applause ] build ladders of opportunity and empowerment. I am a unifier, im going to go after one person, Hillary Clinton, on the assumption shes allowed to run which is a big assumption. I dont know that shes going to be allowed to run. Take a look at the math, trump is about a quarter of the way to the delegates for the nomination. Won a majority of the 15 contests