david: would you ever sell? stephen: no. david: never going to sell? stephen: no. david: ok. were you a football player when you were younger? stephen: i played high school football. david: really? what position were you? stephen: tackle. david: ok, there are a lot of people who are owners of nfl teams who are jewish. oare there any jewish football players? [laughter] were there more owners or more players who were jewish? stephen: actually, we have a jewish quarterback, josh rosen. david: so there are some jewish players. stephen: i wish he was a better quarterback. [laughter] maybe i would be playing today. david: did you ever think you would be an nfl player? stephen: not a quarterback. [laughter] david: let's talk about how you came to be an owner. it is not that easy to buy a team. it costs a fair amount of money. let's talk about your background. you grew up, originally, in the detroit area? stephen: yes. david: your father was an inventor? stephen: right. david: what is an inventor? is that a real job? you just tinker with things? stephen: well, i mean, he was always t

david: is it worth $1.1 billion today? stephen: no. a lot more. david: would you ever sell? stephen: no. david: were you a football player when you were younger? stephen: i played high school football. david: what position? stephen: tackle. david: there are a lot of people who own football teams who are jewish. are there any jewish football players? more owners or players? [laughter] stephen: actually, we have a jewish cornerback. josh rosen. david: there are some jewish players. stephen: i wish he was a better cornerback. [laughter] david: did you think you would be an nfl player? stephen: no. david: let's talk about how you actually came to be an owner. it's not that easy to buy a team. it costs a fair amount of money. you grew up in detroit? stephen: yes. david: your father was an inventor. stephen: right. david: is that a real job that you tinker with things? stephen: well, i mean, he was always tinkering. always in the office trying to do something. david: is that a steady income? stephen: not really. he did well. he married my mother. she had a wealthy father. david: w

david: right. dr. fauci: this antibody as we are speaking is being tested in the democratic republic of the congo as one of the potential treatments for ebola. david: somebody comes to me and says i had ebola and i am ok now, it is ok to shake their hand? dr. fauci: yeah. david: they are safe? dr. fauci: well, you may remember when we discharged the young nurse who got infected in texas, and i discharged her from the nih and we had a press conference, and i put my arm around her and hugged her and it made the front page of the washington post. the reason i did that deliberately was to show the rest of the world that when you recover from ebola -- david: what did your wife say? dr. fauci: she thought it was fine. david: all right. this is something you decided you wanted to do in medical school? >> when i was in graduate school, i worked on hiv. and nobody knew much about ebola then, but i noticed that the glycoprotein that hiv uses had some similarities, we thought, to the glycoproteins that ebola uses

david: you got a call to meet with him. >> yes. david: was it like an interview? we picked you and you have to leave your job? >> i thought it was going to be an interview but it was, here's what i want you to do. -- when he told me, when can you start? i said three months and they said one month and you will do it. the next week, i got another call saying you have to come immediately. [bleep] david: what did you tell your family? [laughter] david: what did you tell your family? >> we are all proud to be in the positive changes of the country. -- my kids my kids were younger than -- they all felt this was the right thing to do. david: you have said publicly you would like it to be the largest sovereign wealth fund in the world and get to $1 trillion. >> $2 trillion. david: when do you think you will be able to get to that? >> the number looks big because the largest ever wealth fund today is about $1 trillion. we think it is very much achievable by 2030 and i will tell you where the growth will come from. performance is the first and we are doing extremely good. g

david: they will be all in saudi arabia? yasir: the bulk of them will be in saudi, but now we have been in the financial cabinet of the world, so hopefully in the second half of the quarter our office will be in new york, and potentially london will be in the second half. we are also considering coverage in asia. most likely we will have an office either in china, hong kong, potentially singapore. david: some sovereign wealth funds say their goal is to get the highest rate of return, whatever they can do legally to get the highest level of return in the country come out of the country. is your mission to get the highest rate of return, or do you want certain goals, like improving energy diversification in the kingdom, or getting people to invest money in the kingdom, what is your principal goal? yasir: believe it or not, all of the above. we need to have higher returns, economic impact, positive economic impact, improving the diversity, also be the engine of economic growth in saudi. we are even looking into renewables and h

david: what position? stephen: tackle. david: are there any jewish football players? more owners or players? stephen: actually, we have a jewish cornerback. josh rosen. david: there are some jewish players. stephen: i wish he was a better quarterback. david: did you think you would be an nfl player? stephen: no. david: let's talk about how you actually can to be an owner. it's not that easy to buy a team. a cost of fair amount of money. you grew up in detroit? stephen: yes. david: your father was an inventor. stephen: right. david: is that a real job that you tinker with things? stephen: well, i mean, he was always tinkering. always in the office trying to do something. david: is that a steady income? stephen: not really. he did well. he married my mother. david: what did your mother to? stephen: she was a housewife. david: you grew up in the detroit area. you went to ninth grade. your family moved to my -- miami for high school. why? stephen: my grandfather bought a hotel. my father, his inventing days were over. he had to make a living. he went down to help manage t

david: you are on the uber board? yasir: yes. david: how did that deal come about? did uber call you up, did you say it was a good opportunity? how did that come about? yasir: it came about from an app that i use, uber. it was an amazing app. i liked the service. an amazing disruptor. they came in, provided better service for the same customers for lesser prices. it was an amazing combination. there was one of the uber executives visiting the country, and he was visiting me for something else, and i knew about the uber. i asked him about it, and he said, yes, they were considering a capital raise. i asked the team to look into it. we love it. went through the whole structure we have, and we have layers and layers of investment diligence and what have you. we came to our investment committee, then the board, they all loved it. and so we decided -- david: and so do you use uber yourself when you are in the united states or in the kingdom? yasir: i used to use it a lot. david: they must know who you are when you show up. yasir: [laughs] maybe they do, yeah. david: anot

david: ok. in the harvard law review and columbia law review, you were flooded with job offers from the major law firms. [laughter] justice ginsburg: there wasn't a single firm in the entire city of new york that would take a chance on me. ♪ w?w?uhió'ñó david: from the harvard law review and columbia law review, you were flooded with job offers from the major law firms. [laughter] justice ginsburg: i had three strikes against me. david: after 13 years, did you think you had a chance to be on the supreme court? justice ginsburg: no one thinks, "my aim in life is to be a supreme court justice." david: when you first got on the court, were other justices saying, "we're happy to see you? here? let's go have dinner together?" just. ginsburg: justice o'connor was the most welcoming. he gave me some very good advice. >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok.

david: right. charles: similar, in our case, we think we will do very well offering our services free for transactions, and that is the commodity part of the business. the rest, we give people help and advice on different kinds of things, managed accounts, banking, all of those things. but the fundamental service we want to provide is free. david: so i should not worry about chuck schwab and not making money because you are giving -- charles: you should not worry about it. we are giving up 4% of our revenue in that decision. david: for those who don't really follow this, you started as a discount broker where you were giving lower commissions than the standard rates were before. today, you have become a conglomerate, in effect, in the financial services world. you have about $3.7 trillion of assets under management. so you make your money on other financial services, is that correct? charles: correct. one of the things, we are a conglomerate. but we are really not in the original sense. we only foc

david: was that easy to do for them, because you were a mother? justice ginsburg: he had no qualms about a woman. he had had a woman as a law clerk before. but he was concerned. the southern district of new york was a busy court and sometimes, he would need a law clerk's aide, even on a sunday. so professor gunther, i found out about this years later. i didn't know at the time. the professor said to judge palmieri, "give her a chance, and if she doesn't work out, there's a young man in the class who is going to a downtown firm who will jump in and take over." and that was the carrot. there was also a stick. and the stick was, "if you don't give her a chance, i will never recommend another columbia student to you." david: wow. justice ginsburg: that's how it was for women of my vintage. getting the first job was powerfully hard. david: so after your clerkship, you ultimately got a position as a law professor at rutgers? justice ginsburg: yes. yes, it was an interview, while i was working for the columbia project on international procedure. david: a

david: let me ask you about ♪ david: let me ask you about another job you have. you are the chairman, as we talked earlier, of saudi aramco, the largest publicly traded company in the world, also the largest oil company in the world. is that right? yasir: yes, the largest company from different levels. market cap, the profits we are generating are second to none, and the ipo we had was the largest in the world. david: you went public not too long ago. and that evaluation, as i recall, roughly $1.8 trillion. yasir: it was $1.7 trillion. now above $2 trillion for a couple of weeks. now it is about 1.8 trillion today. david: no company is as valuable as that company. it has traded on the local stock exchange. have you thought about listing it in new york, london, tokyo? yasir: we only offer 2% of the company. 98% of the company owned by the shareholder, the government of saudi arabia. our program is to have a multiple number of listings over the years. we are looking into it to have more offerings. these can continue to be in saudi. if we have any good stock exchang

[laughter] david: all right. now, the largest companies in the world and in the united states today are technology companies -- apple, facebook, google, microsoft and so forth. do you worry that there is too much power and too much data in the hands of these technology companies, and are you surprised the government has not done something more than they have today about this? bill: well, technology has become so central that government has to think ok, what does that mean about elections? what does it mean about bullying? what does it mean about wiretapping authorities that let you find out what is going on financially, or drug money laundering and things like that. so yes, the government needs to get involved. i, for the early years of microsoft, bragged to people that i did not have an office in washington, d.c. and i eventually came to regret that statement because it was kind of almost like taunting washington, d.c. and so now the technology companies -- partly because of the lesson of microsoft -- they could

i'm david westin. a hiring surge last month in the coronavirus. kevin cirilli in washington on the administration's response. and a two man race that has become the democratic contest. we got the jobs report and are encouraged. but that was before the virus. carl: when we look back to what of happening, stocks off all-time highs. 10 year yield were 160. a very different environment and then the virus hit. david: let's try this again. i want to hear every word you say. .arl: this was a snapshot of the before the coronavirus and it looked strong but there was a caveat, because we had a warm winter and that meant labs in the construction sector are behaving strangely relative to what is ordinarily the case. hiring was good but not quite as good as the headline number suggested area david: -- headline numbers. david: we had the president speaking and then is this good news being bad news with the administration saying we don't have to worry about it very much? carl: we see investors treating it accordingly

. [♪] [♪] lou david: good evening, i'm david asman in for lou dobbs. louis in self-consider lou is in self-quarantine. one of his team members tested positive. out of an abundance of caution, he and his team are taking the necessary precautions. president trump is leading the charge in the nation's fight against the covid-19 virus. his message is one of american unity, one of american optimism. the president is saying the nation is coming together to defeat the virus. president trump: there is tremendous hope. i think we'll come out bigger, strong and better. we learned a lot. we learned who to rely on, month not to rely on. our country has been incredible. including the fact i just spoke to senator schumer. we both want to get to a good solution. watching and seeing people that weren't speaking getting along well because we all have one common aim. that's to get rid of this invisible enemy, get rid of it fast, and go back to the kind of economy we had, and maybe even better. david: the president's message of optimism being smeared by the media. saying

david: dr. fauci agreed with you that this drug has been tested so long or time that the side effects are de minimus. thank you very much. we appreciate that. the chinese refusing to take responsibility for their role in covering up the spread of the coronavirus. we'll take that up with china expert dr. michael pillsbury after a few quick messages. robinhood believes now is the time to do money. without the commission fees. so, you can start investing today wherever you are - even hanging with your dog. so, what are you waiting for? download now and get your first stock on us. robinhood. david: the spread of virus steaked -- affected the g-7 summit. instead the president will be talking to world leaders by videoconference. china's failure to admit they covered up the news of the virus. >> i wanted to ask you whether the party apologize for that initial cover-up. >> i think that statement is a distortion of facts. david: mostly it's come from china itself. we detailed the steps the communist part

david: good evening i am david asman in for lou dobbs, who remains home on self quarantine, he is fine and symptom-free. we'll speak with him shortly, we're waiting a briefing from president trump and his coronavirus task force, as scheduled for white house later this hour. we'll be taking that live once it begins. president trump and republican party leading in the response to the coronavirus. the president calling on automakers, ford, tesla and general motors to make ventilators and other products to assist in the fight against the virus. trump administration pledging to go after the price gougers and hoarders of medical supplies for those in desperate need in the nation, republicans doing their part, bringing a $2 trillion stimulus package to senate floor to provide aid for american working families. but democrats are blocking relief, playing politics with the well being of the american worker, mitch mcconnell today railing against democrat party's effort to use this stimulus package for their party's pet projects. >> here are some items on the democratic wish list over which they c

david: many people say no. bill: once you pick what you care about, if somebody has something that can make a difference in global health, we are super interested. you know, we have a staff of 1500 people and if it is to do with global health, some of those people come out and talk through with you whatever your innovation is and how we can partner with you on that. so that is clearly in our area. if it is something that can substantially improve k-12 education, then we are going to be very interested in it. if people are asking outside of things, -- of those then fortunately you can say no, because focus is key to philanthropy. david: so people have recognized over the years that raising children is difficult. jackie kennedy famously said if you mess up raising your children, nothing else matters. you have three children, seem to be well-adjusted, and you have kept them out of the newspapers and so forth. how do you avoid spoiling kids like that? bill: i think that is a huge problem. obviously, our kids have b

david: ok. in the harvard law review and columbia law review, you were flooded with job offers from the major law firms. justice ginsburg: there wasn't a single firm in the entire city of new york that would take a chance on me. ♪ when you move homes, you move more than just yourself. that's why xfinity has made taking your internet and tv with you a breeze. really? yup. you can transfer your service online in about a minute. you can do that? yeah. and with two-hour service appointment windows, it's all on your schedule. awesome. so while moving may still come with its share of headaches... no kidding. we're doing all we can to make moving simple, easy, awesome. go to xfinity.com/moving to get started. david: from the harvard law review and columbia law review, you were flooded with job offers from the major law firms. [laughter] justice ginsburg: i had three strikes against me. david: after 13 years, did you think you had a chance to be on the supreme court? justice ginsburg: no one thinks ,

david: would you ever sell? stephen: no. david: never going to sell? stephen: no. david: ok. and were you a football player when you were younger? stephen: i played high school football. david: really? stephen: yes. david: what position were you? stephen: tackle. david: ok, there are a lot of people who are owners of nfl teams who are jewish. are there any jewish football players actually? are there more owners or more players who are jewish? stephen: actually, we have a jewish quarterback, josh rosen. david: wow, ok. so there are some jewish players. stephen: i wish he was a better quarterback. [laughter] maybe i would be playing today. [laughter] david: did you ever think you would be an nfl player? stephen: not a quarterback. [laughter] david: no, ok. let's talk about how you came to be an owner, because it is not that easy to buy a team. it costs a fair amount of money. so let's talk about your background. you grew up, originally, in the detroit area? stephen: yes. david: your father was an inventor? stephen: right. david: what is an inventor? is that a real job? you just

david? david: thanks very much. coming up, another one bids farewell, and it is now a two man raise between bernie sanders and joe biden. will discuss the pathways for each. that is coming up on "balance of power" on bloomberg television and radio. ♪ david: this is "balance of power" on blaber television and radio. i am david westin. it has been quite a week in the presidential race. toth carolina gave a wind joe biden and the field narrowed wildly. of theome our panel founder of conservative women for better future and former chairwoman of the massachusetts republican party. she comes to us from boston, and the senior vice president of the public affairs firm who joins us from washington. mark, let me start with you. elizabeth warren is out. is is a two person race. what are the paths for bernie sanders and joe biden? biden's winds on super tuesday were norma's. we have not seen anything like that in a number -- were enormous. acrossdouble digit wins the board. we saw increased turnout in virginia, record turnout

david: was that easy to do for him, because you're a mother? justice ginsburg: he had no qualms about a woman. he had had a woman as a law clerk before. but he was concerned. southern district of new york was a busy court and sometimes, he would need a law clerk's aide even on a sunday. so professor gunther, i found out about this years later. i didn't know at the time. the professor said to judge paul judge, "give her a chance and if she doesn't work out, there's a young man in the class who is going to a downtown firm who will jump in and take over." and that was the carrot. there was also a stick. and the stick was, "if you don't give her a chance, i will never recommend another columbia student to you." david: wow. justice ginsburg: that's how it was for women of my vintage. getting the first job was powerfully hard. david: so after your clerkship, you ultimately got a position as a law professor at rutgers? justice ginsburg: yes. when i waserlude, working for the columbia project on international procedure. david: and how did you get conne

david: many people say no. bill: once you pick what you care about, if somebody has something that can make a difference in global health, we are super interested. you know, we have a staff of 1500 people, and if it is to do with global health, some of those people come out and talk through with you whatever your innovation is and how we can partner with you on that. so that is clearly in our area. if it is something that can substantially improve k-12 education, then we are going to be very interested in it. if people are asking outside of those things, then, fortunately, you can say no, because focus is key to philanthropy. david: so people have recognized, over the years, that raising children is difficult. jackie kennedy famously said, if you mess up raising your children, nothing else matters. you have three children, seem to be well-adjusted, and you have kept them out of the newspapers and so forth. how do you avoid spoiling kids like that? bill: i think that is a huge problem. obviously, our kids have b

david: ok. so how come your team is not in the super bowl? stephen: that is a good question. hey, you know. it is not as easy as you think. [laughter] david: so let me ask about this. when will the dolphins be in the super bowl? anytime soon? and i read that tom brady might be a free agent. i don't know if you are allowed to talk about that as an owner. stephen: i heard he was going to be a free agent. but i would say that we are not allowed to talk to him until sometime in march. and you know we are a team that , is building. i don't know why he would want to come to the dolphins. he is probably one of the fiercest competitors there is. and you know we are at the stage , where the dolphins are trying to really build the team for the future and doing it through the draft. david: when it was announced super bowl is coming here, did a one of your friends say, by the way, i would like some tickets? how do you get tickets for this? stephen: i have been inundated with requests for tickets. really the

david: would you ever sell? stephen: no. david: never going to sell? stephen: no. david: ok. were you a football player when you were younger? stephen: i played high school football. david: really? what position were you? stephen: tackle. david: ok, there are a lot of people who are owners of football teams who are jewish. were there any jewish football players? where there more owners or more players who were jewish? stephen: actually, we have a jewish quarterback, josh rosen. david: so there are some jewish players. stephen: i wish he was a better quarterback. [laughter] maybe i would be playing today. david: did you ever think you would be an nfl player? stephen: not a quarterback. [laughter] david: let's talk about how you came to be an owner. it is not that easy to buy a team. it costs a fair amount of money. let's talk about your background. you grew up, originally, in the detroit area? stephen: yes. david: your father was an inventor? stephen: right. david: what is an inventor? is that a real job? you just tinker with things? washen: well, i mean, he always tinkering,

david: right. dr. fauci: this antibody as we are speaking is being tested in the democratic republic of the congo as one of the potential treatments for ebola. david: somebody comes to me and says i had ebola and i am ok now, it is ok to shake their hand? dr. fauci: yeah. david: they are safe? dr. fauci: well, you may remember when we discharged the young nurse who got infected in texas and i discharged her from the nih and we had a press conference, and i put my arm around her and hugged her and it made the front page of "the washington post." the reason i did that deliberately was to show the rest of the world that when you recover from ebola -- david: what did your wife say? dr. fauci: she thought it was fine. david: all right. is this something you decided you wanted to do in medical school? >> when i was in graduate school, i worked on hiv. and nobody knew much about ebola then, but i noticed that the glycoprotein that hiv uses had some similarities, we thought, to the glycoproteins that ebola use

david: right. dr. fauci: now, this antibody, as we are speaking, is being tested in the democratic republic of the congo as one of the potential treatments for ebola. david: so if somebody comes to me and says, "i had ebola and i am ok now," it is ok to shake their hand? dr. fauci: oh, yeah. david: they are safe? dr. fauci: well, you may remember when we discharged the young nurse who got infected in texas, and i discharged her from the nih. we had a press conference, and i put my arm around her and hugged her, and it made the front page of "the washington post." the reason i did that deliberately was to show the rest of the world that when you recover from ebola -- david: what did your wife say? dr. fauci: she thought it was fine. [laughs] david: all right. this is something you decided you wanted to do in medical school or something? >> when i was in graduate school, i worked on hiv. and nobody knew much about ebola then, but i noticed that the glycoprotein that hiv uses had some similarities, we tho

david: dr. rupp, we are grateful you to and your colleagues thank you so much, doctor. >> thank you. david: coming up next, daily coronavirus task force briefing is set to get underway any moment. we'll bring it to you live. >> secretary of state mike pompeo condemning china for their intentional disinformation campaign about who started the coronavirus. we take up that and more with we take up that and more with asia expert gordon my money should work as hard as i do. so i use my freedom unlimited card to buy all the latest tech stuff. today, i'm earning on a charger. so, just the charger then? ummm... ♪ ♪ ♪ ♪ yeah! (sarcastically) fantastic. earn 1.5% cash back on everything you buy with freedom unlimited. chase. make more of what's yours. your cells. trillions of them. that's why centrum contains 14 key nutrients to help feed your cells, nourishing your body inside and out so you can focus on what matters most. centrum. feed your cells. fuel your life. but allstate helps you. with dri

david: ok. so for those who don't really follow this, you started as a discount broker where you were giving lower commissions than the standard rates were before. today, you have become a conglomerate, in effect, in the financial services world. you have about $3.7 trillion of assets under management. so you make your money on other financial services, is that correct? charles: correct. but you know, one of the things, we are a conglomerate. but we are really not in the original sense. we only focus on what we can do for individual investors and advisors who have individual investors. david: so when you started doing this more than 40-some years ago, did you ever envision that you would be in more than the discount brokerage business? did you say i am going to build a giant conglomerate or not? charles: i did not, david. i mean certainly, we had a very limited view of where we were at the time. but frankly, we thought the original business only had -- would help maybe 10% or 15% of the populati

david? david: thank you very much. grady trimble is live at spring training in lakeland, florida, with the very latest. we just heard an alert based on a tweet. we haven't had that confirmed by the mlb about spring training. what's the latest? reporter: well, it's interesting to see that tweet and there are multiple reports that spring training will be suspended and the regular season for the mlb might be suspended as well. what's interesting is that the game is going on right now as we speak inside there. it started a little bit after 1:00 today and they have been letting fans in since about 10:00 this morning. game's still going on, fans say coronavirus is something they are thinking about, but not exactly something that's going to keep them away from the ballpark. now they might not have that choice at all. the mlb might have just made it for them. but i want to show you how we got here because it took several other leagues and several other tournaments to be canceled, and we have a full screen of how that kind of h

david: right. dr. fauci: this antibody as we are speaking is being tested in the democratic republic of the congo as one of the potential treatments for ebola. david: somebody comes to me and says i had ebola and i am ok now, it is ok to shake their hand? dr. fauci: yeah. david: they are safe? dr. fauci: well, you may remember when we discharged the young nurse who got infected in texas and i discharged her from the nih and we had a press conference, and i put my arm around her and hugged her and it made the front page of the washington post. the reason i did that deliberately was to show the rest of the world that when you recover from ebola -- david: what did your wife say? dr. fauci: she thought it was fine. david: all right. this is something you decided you wanted to do in medical school? >> when i was in graduate school, i worked on hiv. and nobody knew much about ebola then, but i noticed that the glycoprotein that hiv uses had some similarities, we thought, to the glycoproteins that ebola uses.

david: i think so. another very visible investment that you made was a very large investment, i think about $45 billion into the so-called first vision fund. so what brought that about, and are you happy with that investment? yasir: the alignment of the thinking -- that is what brought it. i remember sitting down with the crown prince, trying to strategize what exactly would be like to be invested in. of course, it is the future. so we said artificial intelligence, robotics, internet of things. so these were the main things that we would like to be in. remember, 70% of our population is under the age of 30. so we need to have something sustainable for them and for longer-term. forwhen i met with masa-san the first time, he was talking about the exact same things that we were looking for. so the alignment of the thinking us makedrove us to have a party ship with softbank. david: so today you are happy with the investment? 2.5r: it is so far, after $9.5 billion. that is fine. david: so after you made a $4

david: did you play golf at stanford? charles: i did play golf at stanford, only as a freshman, only for a period of time. and i almost flunked out. this was what happened. i was not prepared for college at that moment. david: you graduated from stanford. you went to stanford business school. and you did pretty well at stanford business school. charles: i did. david: when you graduate from stanford business school, did you say, i'm going to join a private equity firm or hedge fund or what did you do? charles: no. i always wanted to do research. as a kid, i wanted to find out how could i become successful. that was important to me. i came through the depression years, my parents did. and i wanted to sort of make money and get the resources to have choices in my life. so i moved off -- financial services was the way to go. so at age 13 or 14, i began to think about this thing, the stock market. and i went to stanford economics, business school, all financial investment management, all of that, in my early career. and then i

david: would you ever sell? stephen: no. david: never going to sell? stephen: no. david: ok. were you a football player when you were younger? stephen: i played high school football. david: really? were you?tion where you stephen: tackle. david: were there any jewish football players? where there more owners or more players who were jewish? stephen: we have a jewish quarterback. josh rosen. david: so there are some jewish players. stephen: i wish he was a better quarterback. maybe i would be playing today. david: did you ever think you would be an nfl player? stephen: not a quarterback. david: let's talk about how you came to be an owner. it is not that easy to buy a team. let's talk about your background. you grew up originally in the detroit area? stephen: yes. david: your father was an inventor? davidstephen: right. david: what is an inventor? is that a real job? stephen: he was always tinkering and always trying to do something. david: is that a steady income? when you are tinkering? stephen: not really. he married my mother. she had a wealthy father. david: what did your

david: let me talk about another company, gm. they have been criticized by some in the administration including the president for not turning out as many ventilators as the president wanted. he has invoked the defense production act, you said he has not had to prefer this because the companies have been doing what you asked. why was it necessary to invoke the act and what you hope to get out of it from gm. another working with men tech to produce the ventilators. >> i love that question because i was in the oval office when the president signed the order and it was a great order for him to sign in here is why, again my office is working with fema, hhs with more than ten different ventilators working on contracts to get these things going. and if you contrast for example, the ford ge partnership to make ventilators, they make ford just like they make cars, they will start making ventilators with ge which has the expertise, they went off and did that voluntarily, make no demands, all the other ventilator companies are cooperating b

david: they will be all in saudi arabia? yasir: the bulk of them will be in saudi, but now we have been in the financial cabinet of the -- capitals of the world, so hopefully in the second half of the quarter our office will be in new york, and potentially london will be in the second half. we are also considering coverage in asia. most likely we will have an office either in china, hong kong, potentially singapore. david: some sovereign wealth funds say their goal is to get the highest rate of return, whatever they can do legally to get the highest level of return in the country come out of the country. is your mission to get the highest rate of return, or do you want certain goals, like improving energy diversification in the kingdom, or getting people to invest money in the kingdom, what is your principal goal? yasir: believe it or not, all of the above. we need to have higher returns, economic impact, positive economic impact, improving the diversity, also be the engine of economic growth in saudi. we are even looking in

david: they must know who you are when you show up. yasir: maybe they do, yeah. david: i think so. another very visible investment you made was a very large investment, i think about $45 billion, into the so-called first division fund. what brought that about, and are you happy with that investment? yasir: the alignment of the thinking. that's what brought it. i remember sitting down with the crown prince, trying to strategize on what we would like to be invested in. of course, it is the future. we sent artificial intelligence, robotics, internet of things. these were the many things we would like to be in. remember, 70% of our population is under the age of 30. we need to have something sustainable for them in the longer term. when i met him for the first time, he was talking about the exact same things we were looking for. so the alignment of the thinking is what drove us to have us make a partnership with softbank. david: today you are happy with the investment? yasir: it is up about $9.5 billion in 2.5 years, so it is fine. david: after you made a $45 billion commitment did you

david: they will be all in saudi arabia? yasir: the bunch of them will be in saudi, but now we have been in the financial cabinet of the world, so hopefully in the second half of the quarter our office will be in new york, attentively london will be in the second half. we are also considering coverage in asia. most likely we will have an china, hongr in kong, potentially singapore. david: some sovereign wealth funds say their goal is to get the highest rate of return, whatever they can do legally to get the highest level of return in the country come out of the country. is your mission to get the highest rate of return, or do you want certain goals, like improving energy diversification in the kingdom, or getting people to invest money in the kingdom, what is your principal goal? yasir: all of the above. returns,o have higher economic impact, positive --nomic impact, change beroving the diversity, also the engine of economic growth in saudi. we are even looking into renewables and how to lower the emissions and all of these

david: right. dr. fauci: this antibody, as we are speaking, is being tested in the democratic republic of the congo as one of the potential treatments for ebola. david: somebody comes to me and you says i had ebola and i am ok now, it is ok to shake their hand? dr. fauci: yeah. david: they are safe? dr. fauci: well, you may remember when we discharged the young nurse who got infected in texas, and i discharged her from the nih. we had a press conference, and i put my arm around her and hugged her, and it made the front page of the washington post. the reason i did that deliberately was to show the rest of the world that when you recover from ebola -- david: what did your wife say? dr. fauci: she thought it was fine. david: all right. this is something you decided you wanted to do in medical school or something? >> when i was in graduate school, i worked on hiv. and nobody knew much about ebola then, but i noticed that the glycoprotein, that hiv uses had some similarities, we thought, to the glycoprotei

david: thanks so much. coming up, we talk about the progress of the coronavirus and what can be done about it. plus, we are keeping an eye on the markets throughout the program. u.s. stocks are down more than 6%. live from new york, this is bloomberg. ♪ guy: -- david: this is "balance of power." i'm david westin. governments and markets are trying to come to terms with the coronavirus. we welcome dr. jay bhattaacharya, professor of medicine and senior fellow at the stanford institute of economic policy research. welcome. it's willy great to have you here. give us a sense, what can we know or at least project about where we are in the progress of this disease, given what we saw in wuhan province? dr. bhattacharya: the data coming in from china, from korea are really interesting. onre's been a lot of focus very high mortality numbers come but the thing to remember is they are measuring people that show up at the hospital who already have severe conditions, just like almost any cold or flu -- severe conditio

david: is it worth $1.1 billion today? stephen: no. a lot more. david: would you ever sell? stephen: no. david: were you a football player when you were younger? stephen: i played high school football. david: what position? stephen: tackle. david: there are a lot of people who own football teams who are jewish. are there any jewish football players? more owners or players? [laughter] stephen: actually, we have a jewish cornerback. josh rosen. david: there are some jewish players. stephen: i wish he was a better quarterback. [laughter] david: did you think you would be an nfl player? stephen: no. david: let's talk about how you actually came to be an owner. it's not that easy to buy a team. it costs a fair amount of money. you grew up in detroit? stephen: yes. david: your father was an inventor. stephen: right. david: is that a real job that you tinker with things? stephen: well, i mean, he was always tinkering. always in the office trying to do something. david: is that a steady income? stephen: not really. he did well. he married my mother. she had a wealthy father. david:

david: you are on the uber board? yasir: yes. david: how did that deal come about? did uber call you up, did you say it was a good opportunity? how did that come about? yasir: it came about from an app that i use, uber. it was an amazing app. i liked the service. an amazing disruptor. they came in, provided better service for the same customers for lesser prices. it was an amazing combination. there was one of the uber executives visiting the country, and he was visiting me for something else, and i knew about the uber. i asked him about it, and he said, yes, they were considering a capital raise. i asked the team to look into it. they loved it. went through the whole structure we have, and we have layers and layers of investment diligence and what have you. we came to our investment committee, then the board, they all loved it. and so we decided -- david: and so do you use uber yourself when you are in the united states or in the kingdom? yasir: i used to use it a lot. david: they must know who you are when you show up. yasir: [laughs] maybe they do, yeah. david: a

david: you are on the uber board? yasir: yes. david: how did that deal come about? did uber call you up, did you say it was a good opportunity? how did a deal like that come about? yasir: it came about from an app that i use, uber. it was an amazing app. i liked the service. an amazing disruptor. they came in, provided better service for the same customers for lesser prices. it was an amazing combination. there was one of the uber executives visiting the country, and he was visiting me for something else, and i knew about uber. i asked him about it, and he said, yes, they were considering a capital raise. i asked the team to look into it. they loved it. went through the whole structure we have, and we have layers and layers of investment diligence and what have you. we came to our investment committee, then the board, they all loved it. and so we decided -- david: and so do you use uber yourself when you are in the united states or in the kingdom? yasir: i used to use it a lot. david: they must know who you are when you show up. yasir: [laughs] maybe they do, yeah.

david: all right. thank you. >> case of an amazon worker testing positive for the veer suss fueling concerns about safety of our packages, in mail that is delivers to our home of day, with us from harvard global health up state. dr. jahd, thank you, i understand there one study that says virus can live up to 24 hours on cardboard. that would give me concerns about bringings packages into my home. >> yeah. no, look, there that one study, we don't know if that leads to people getting infected. we worry about is imagine if a delivery person coughs on that box just before they hadn't it to you, if you are really worried, wipe it down with a clorox wipe or some sort of wipe like that, person willie, i think it is not -- personally, i think it is not a big deal. david: not just that one worker at amazon it goes a lot of different hands before it gets to my door, should i open this outside of my home? >> i don't think that there is -- i think that key circumstance look even if you open and imagine there is vi

david: right. let me just go to susan for a second because the fear, susan, of course is that a lot of these companies will need to be bailed out or this emergency infusion of cash to keep going. >> susan: airlines and carnival cruise lines and all of the cruise lines are the ones being targeted you heard that from steven mnuchin, the treasury secretary this week , testifying in congress. but he doesn't want to call it a bailout. this is not tarp in 2008. we're not bailing out general motors or the big banks just a little bit of help to get them through the tough period when people are not getting on the planes or cruise lines. david: we've got to move on but we'll her more from our panel here. there's a lot of economic stuff. self-isolating just in case what does republican senator rick scott say to critics who feel the president should be doing the same as he is. senator scott joins us next. there's a company that's talked to even more real people than me: jd power. 448,134 to be exact. they answ

david: ok. in the harvard law review and columbia law review, you were flooded with job offers from the major law firms. [laughter] justice ginsburg: there wasn't a single firm in the entire city of new york that would take a chance on me. ♪ good morning! oh no, here comes the neighbor probably to brag about how amazing his xfinity customer service is. i'm mike, i'm so busy. good thing xfinity has two-hour appointment windows. they have night and weekend appointments too. he's here. bill? karolyn? nope! no, just a couple of rocks. download the my account app to manage your appointments making today's xfinity customer service simple, easy, awesome. i'll pass. david: from the harvard law review and columbia law review, you were flooded with job offers from the major law firms. [laughter] justice ginsburg: i had three strikes against me. david: after 13 years, did you think you had a chance to be on the supreme court? justice ginsburg: no one thinks, "my aim in life is to be a supreme court justi

david: was that easy to do for him, because you're a mother? justice ginsburg: he had no qualms about a woman. he had had a woman as a law clerk before. but he was concerned. the southern district of new york was a busy court and sometimes, he would need a law clerk's aide, even on a sunday. so professor gunther, i found out about this years later. i didn't know at the time. the professor said to judge mainieri, "give her a chance and if she doesn't work out, there's a young man in the class who is going to a downtown firm who will jump in and take over." and that was the carrot. there was also a stick. and the stick was, "if you don't give her a chance, i will never recommend another columbia student to you." david: wow. justice ginsburg: that's how it was for women of my vintage. getting the first job was powerfully hard. david: so after your clerkship, you ultimately got a position as a law professor at rutgers? justice ginsburg: yes. yes, it was an interview, while i was working for the columbia project on international procedure. david: an