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Quest Means Business
Hillary Clinton Clinches Democratic Nomination; Sanders Influencing Clinton Economic Policies; Ryan Calls Trump Remarks Racist, Still Backs Him; Trump: Comments on Judge Misconstrued; U.K. Issues New Travel Advisory for France; Nestle Celebrates 150 Years in Business; Hackers Hijack NFL Twitter Account; Inside Nigeria's Space Program; Cameron Makes Case Against Brexit; Undisputed Online King Kimbo Slice has Died. Aired 4-5p ET
Aired June 07, 2016 - 16:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
[16:00:00] PAULA NEWTON, CNN HOST: Hard to believe, I know, but the DOW crossed 18,000 earlier in the session, but it isn't going to finish there.
Trading has come to an end on Tuesday, the 7th of June. Tonight, victory is in sight. Hillary Clinton prepares to declare herself the Democratic
nominee. Britain warns of a high terror threat in Paris. I'll speak to the head of the Paris Tourism Board. And unsportsmanlike conduct. You
won't believe that the NFL is latest victim of a high-profile twitter hack. I'm Paula Newton and this is QUEST MEANS BUSINESS.
Tonight, Hillary Clinton has broken through the glass ceiling that haltered her rise eight years ago. The former U.S. senator and secretary of state
has become the first woman to capture a major party's nomination for the U.S. presidency. This as Bernie Sanders apparently he didn't read the
headline, insists this race isn't over yet. By CNN's count, Clinton has 2,384 delegates and superdelegates. That's one more than she needs.
Now, the Sanders campaign argues those superdelegates shouldn't be counted until they cast their ballots at next month's convention. Superdelegates
are Democratic party officials, governors and senators who act as, we'll call them free agents, and may choose to support whichever candidate they
want. Now, on the campaign trail, Hillary Clinton has often touted the historical significance of putting a woman in the White House. Eight years
ago today she spoke of a time when such a possibility would be unremarkable.
(BEGIN VIDEO CLIP)
HILLARY CLINTON, U.S. DEMOCRATIC PRESIDENTIAL NOMINEE: It will be unremarkable for a woman to win primary state victories. Unremarkable to
have a woman in a close race to be our nominee. Unremarkable to think that a woman can be the president of the United States. And that is truly
remarkable, my friends.
(END VIDEO CLIP)
NEWTON: Gosh, hard to believe that's just eight years ago. Clinton isn't declaring victory yet. She said she has primaries to win. Six states are
voting today. California is by far the biggest prize with 475 delegates at stake in that Democratic contest. New Jersey is second with 126 followed
by New Mexico, Montana, South Dakota and North Dakota. Jeff Zeleny is CNN Senior Washington Correspondent. He is in Brooklyn with the Clinton
campaign right now. And he joins me now on the phone. I mean, Jeff, if you can characterize the kind of day it's been especially when Bernie
Sanders is still being quite stubborn and saying, look, we are taking this to the convention.
JEFF ZELENY, CNN SENIOR WASHINGTON CORRESPONDENT (via telephone): You could say he's being stubborn or waiting until the final votes come in.
This is so interesting that this is happening on the eight-year anniversary of when Hillary Clinton made that speech. I remember being there very
well, but it's important to note the timing of that. That was not directly after the last votes were counted. That was several days after. So there
were three or four very long days back in June of 2008, where people were wondering if Hillary Clinton was going to get out, if she was going to stay
in. Many supporters urging her to stay in and fight. So it's so similar to what happened eight years ago.
So the Clinton campaign is leading the charge in saying that we are going to give him at least a little bit of space. She is tonight going to give a
major address here in Brooklyn. She's going to, you know, really mark the moment that she is the first woman in America to become the presumptive
presidential nominee of a major party. But she's not going to go any further, and saying that senator Sanders should step aside. They believe
that's going to work out in the decent time here. But the party is beginning to rally around her beside her. At least for now they're giving
him at least a touch of space until those final votes come in, in California and the five ore states here in the western United States.
NEWTON: Sounds like she'll be taking a longer term view knowing she has to unify her party. Jeff, we were supposed to be talking to you live. We are
on the phone with you. There is some kind of an interruption shall we say to the campaign event. When's going on there?
ZELENY: well, the reason we are talking to you on the telephone and not live is that there's just a normal security sweep that's happening at the
location here combined with a bit of a rainstorm here in New York City. So that's why I am coming to you on the phone instead of live on the picture
so we could see each other. So there's not anything to worry about or be concerned about. It's just one of those things that happens. The whole
event is going to take place.
[16:05:00] She'll be speaking several hours from now so six hours or so before she begins to speak. They'll wait for the votes to be counted in
New Jersey and California and those four other states you mentioned and she doesn't need those, but she wants the votes so she can have the overall
majority of pledge delegates. That's what tonight is important mathematically speaking at least. Because tonight she goes over the top in
terms of those pledge delegates that we talked about so often.
NEWTON: Our Jeff Zeleny, there with the Clinton campaign, appreciate that.
Now, Bernie Sanders has had an undeniable effect on Clinton's policy positions. Austan Goolsbee is a former chairman of the Council of Economic
Advisers. He's been critical of some of Sanders proposals. I put hit to him that Bernie Sanders had caused Hillary Clinton to change some of her
positions, especially on trade.
(BEGIN VIDEOTAPE)
AUSTAN GOOLSBEE, FORMER CHAIRMAN, COUNCIL OF ECONOMIC ADVISERS: Secretary Clinton has not specified a lot of her specific opinions on trade
agreements. The most obvious one that changed is the -- what we presumed was support for the TPP. And her saying in the form that it is now she
doesn't like it. I don't know if that came from Sanders or not. It would be interesting to see how that plays out when you got Trump in the general
really all over the map, but sounding like he wants to declare a trade war against three of our biggest trading partners simultaneously, and stop all
immigration. So, it will be interesting I think to see how that one is going to play out.
NEWTON: And on that point, though, since Bernie Sanders says he is going all the way to the convention, do you worry even more of what he wants
economically will end up in that Democratic policy platform in November? Because his supporters will demand it.
GOOLSBEE: You know, I'm not sure. I live through -- it's funny for me because I lived through the 2007-2008 and hard-fought primary campaign
where secretary Clinton was the opponent. And she went all the way through all the primaries and when they went to the convention I think there will
be some influence on the platform. I don't personally think platforms are that important. I don't think anybody votes in November based on what
happened in the platform writings in July. So, I don't know that anybody really cares what's in the platform. I just find it hard to believe that
the supporters of Bernie Sanders, which there are many, that they would honestly do anything to endanger the country that Donald Trump might become
the president. I don't think that's going to happen.
NEWTON: They may not do anything to vote against it, but they actually have to come out and vote for Hillary Clinton if they want to support that
Democratic ticket one way or the other. I want to ask you, though, we had a jobs report that didn't look so good last week. I mean, Hillary Clinton
essentially running on Obama 2.0 economy. Do you think it will become more difficult for her to defend the Obama legacy on the economy?
GOOLSBEE: It may be a more difficult position. I don't think -- I don't necessarily consider that the role of policy. You know? I think a lot of
what's going on in the slowdown of the world economy has to do with a bunch of things going wrong in China, in Europe and emerging markets and that's
blowing back on to the U.S. But I do think it may get a little more difficult. It's certainly not going to be, in my view, as if it were 1984
or 1996, you know, some year of a really substantial boom year in which everybody's pushing each other, trying to take credit for it. I did it.
No, no. I did it. I don't think it will be like that.
(END VIDEOTAPE)
NEWTON: Turning to Republican side now, there's a growing revolt against the presumptive nominee. Donald Trump is defending himself against
accusations he made racist comments. Earlier on Tuesday, Paul Ryan said Trump's comments about the judge handling the Trump University case were
unacceptable.
(BEGIN VIDEO CLIP)
PAUL RYAN, U.S. HOUSE SPEAKER: Disavow these comments. I regret those comments that he made. I don't think -- claiming a person can't do their
job because of their race is like the textbook definition of a racist comment. I think that should be absolutely disavowed. It's absolutely
unacceptable.
(END VIDEO CLIP)
NEWTON: Now even as some Republican supporters have distanced themselves from Trump, others are standing by him and that includes New Jersey
Governor, Chris Christie.
(BEGIN VIDEO CLIP)
[16:10:03] CHRIS CHRISTIE, NEW JERSEY GOVERNOR: I know Donald Trump. I've known him for 14 years and Donald Trump's not a racist. And so, you know,
the allegation that is he is are absolutely contrary to every experience that I have had with him over the last 14 years and so we're going to end
it there.
(END VIDEO CLIP)
NEWTON: Now, we want to point out that Trump's dealings with Chris Christie include huge real estate deals across New Jersey. As Claire
Sebastian reports, Trump has a checkered history with the Garden State.
(BEGIN VIDEOTAPE)
AUGIE RENNA, FORMER EXECUTIVE, TRUMP PLAZA: The town had a buzz to it. It was excitement to it.
CLAIRE SEBASTIAN, CNN CORRESPONDENT (voice-over): Augie Renna says Trump's early years in Atlantic City were the best days here.
RENNA: We're America's playground.
SEBASTIAN: A lifer in the casino industry. He spent 4 1/2 years in the early 90s at the Trump Plaza, which closed in 2014.
RENNA: He was an excellent leader, an excellent boss. He picks the best, most knowledgeable, most talented people.
SEBASTIAN: The Trump plaza, the Trump Castle, the Trump Taj Mahal, in the 90s and early 2000's the Trump name was everywhere in Atlantic City. Now
this is all that's left of Donald Trump in Atlantic City, his name on the Taj Mahal Casino. It's actually now owned by billionaire, Carl Icahn, who
struck a deal with Donald Trump to keep the name. So while Donald Trump no longer owns or operates any casinos here, his Atlantic City legacy has been
fair game on the campaign trail.
(BEGIN VIDEO CLIP)
TRUMP: Made a tremendous amount of money in Atlantic City.
(END VIDEO CLIP)
(BEGIN VIDEO CLIP)
CLINTON: He believes we can treat the U.S. economy like one of his casinos.
(END VIDEO CLIP)
SEBASTIAN: Trump's three casinos led to four corporate bankruptcy filings. Fitch Ratings even labeling them serial filers in a report three years ago.
(BEGIN VIDEO CLIP)
TRUMP: Almost every hotel in Atlantic City has either been in bankruptcy or will be in bankruptcy.
(END VIDEO CLIP)
SEBASTIAN: Trump says the casinos were part of a general decline in Atlantic City's gambling industry. Many here say that's only part of the
story.
JOE WEINERT, CASINO INDUSTRY CONSULTANT: The big one, of course, Pennsylvania legalizing it and then New York state. And once the regional
competition came, everybody in town started feeling the pain. But other properties were better capitalized than Trump.
SEBASTIAN: look again at that Fitch report. The reason for the bankruptcies it says unsustain bring high leverage, basically too much
debt. Steven Perskie, headed New Jersey's Casino Control Commission during Trump's first Atlantic City bankruptcy in 1991.
STEPHEN PERSKIE, FORMER CHAIRMAN, NEW JERSEY CASINO CONTROL COMMISSION: I can tell you that the interest rates on the bonds were in the 15, 16
percent area. Which is highly risky in any business.
(BEGIN VIDEO CLIP)
Trump: That the bondholders were very strongly and professionally represented.
(END VIDEO CLIP)
PERSKIE: He and the investors that invested in him made a calculated risk and they lost.
SEBASTIAN: for small business owners like Mike Diehl, the risk wasn't so obvious. When the Taj Mahal opened, the music company won a bid to supply
them with $100,000 worth of pianos.
MIKE DIEHL, FORMER OWNER, FREEHOLD MUSIC CENTER: I talked to my lawyer whether I should put a lien on these pianos to make sure I got paid. And
my lawyer said, oh, you are doing business with Donald Trump. Don't worry about a thing.
SEBASTIAN: After several months waiting for the money, he got a letter from the casino.
DIEHL: It said we have financial problems and we have three choices to give you. You can either accept 70 percent on the dollar. You can wait
until the casino makes enough money to pay for it or you can get together and put us into bankruptcy.
SEBASTIAN: He took the first option losing $30,000. CNN's reached out to the Trump campaign several times asking about the claims and hasn't heard
back.
PERSKIE: He left Atlantic City with so many empty hands out that he owed money to. He has never once from then until now accepted any degree of
responsibility.
SEBASTIAN: In a town where fortunes come cheap, his legacy continues to divide opinion. Claire Sebastian, CNN Money, Atlantic City, New Jersey.
(END VIDEOTAPE)
NEWTON: An interesting look there at Trump's past dealings. He is still talking, though, about his future dealings and has to do, again, with Trump
University. Now, just in to CNN, Donald Trump says and I'm quoting here, in a statement, he says, "It's unfortunate his comments have been
misconstrued as a categorical attack of people of Mexican heritage." Our Sara Murray joins me now. You have been following the campaign for months,
Sarah, and I know that of course, it doesn't surprise you what's come in this statement. But at the end of the day he seems to be doubling down
saying, look, I don't regret what I said but I will not talk about this any further.
I don't know if Sarah can hear us. Sara, can you hear me.
SARA MURRAY, CNN POLITICS REPORTER: He is saying he is not going to talk about in it further, which of course is notable, especially after he did
the call with surrogates just yesterday. Suggesting -- yes, I can hear you. So he did this call with surrogates just yesterday suggesting that
surrogates should essentially create an echo chamber. And continue to echo what he was saying about this trial. Now it appears like he is
backtracking on that. But there was also another part of this statement that I think is important. And could be important to other Republicans who
are still sort of on the fence about Trump, and that's where he says, "I do not feel that one's heritage makes them incapable of being impartial. I
think if you were a Republican who's on the fence that might make you feel a little bit better about the situation.
[16:15:00] But I think the big question here is whether the damage is already done. We have seen a number of Republicans make very tough, very
harsh public statements coming out saying that Trump was completely wrong about this issue, saying he needs to get on message. We have seen
Republicans even today suggesting Donald Trump is unfit for the presidency. Because of his temperament and so I think that's one of the things that
Trump and the team will still be grappling with even after the statement sort of settles.
NEWTON: Yes, and despite making those comments, again, he said he's not going to comment on this further. Sara, do you really think this is going
to continue to dog him in the campaign or he will just be able to move on to the next chapter, whatever it may be?
Just going to say a delay there.
MURRAY: Well, I think there were broader questions about Trump University. About how Donald Trump managed his businesses. And sort of what people
said in these documents. What people, students said in the documents about the experience, about their feeling like they were defrauded by Trump
University. Now, of course, Trump said a lot of students had a very positive experience. These are the kinds of things that I think could
still follow him and there are a number of Republicans who feel like he made the story worse by dragging this judge's heritage into the mix and so
I think the question is whether this statement puts that part of the issue at least to bed for him.
NEWTON: Sara, I appreciate you getting on the air so quickly. As we continue to try and parse this statement. Appreciate it. Sara Murray,
continues to track that Trump campaign.
Now, more countries are sounding the alarm, the threat of a terror attack will be high in the European football championships in France. And add to
that deadly floods and chaotic strikes. Of course, we'll be speaking to the chief of Paris terrorism board straight ahead.
(COMMERCIAL BREAK)
NEWTON: You should be vigilant at all times. That's the latest terror warning from the U.K. government for those visiting France for the European
football championships. The tournament kicks off in just three days and the country remains in a state of emergency, still reeling from the deadly
attacks carried out by ISIS last November. Officials are concerned all of these problems could weigh on terrorism as we head into summer. We hit the
streets of New York and spoke with people and they didn't seem deterred.
(BEGIN VIDEOTAPE)
UNIDENTIFIED MALE: It would concern me but not deter me, no.
UNIDENTIFIED FEMALE: I've been there before and it's a beautiful city. Can't let terrorism dictate how we live our lives.
UNIDENTIFIED MALE: I don't know. I think that it's one of those things that is it's like a -- it's an experience. You can't let that kind of
thing deter you from doing what you want to do.
UNIDENTIFIED MALE: I feel like Paris is pretty's safe. I feel like the media hypes it up a lot. And I feel like, I don't know, as far as places
you can go that would be dangerous, I feel like France is not that bad.
UNIDENTIFIED MALE: Paris is just a beautiful city. One should never be deterred by the problems or the terrorism we have seen. And that if we let
that happen, we have lost some of the great parts of our society.
(END VIDEOTAPE)
[16:20:00] NEWTON: All of that will be really comforting to the ears of my next guest. Joining me from Paris is Nicolas Lefebvre. He is the managing
director of the Paris Tourism Board. And thank you for joining us there live from Paris. As you can see, we went out on the streets of New York
today, and all lot of those people were undeterred. And really took a stand in saying, look, when it comes to security at least, we should not be
afraid to continue to go to Paris. But I have to say in looking at the latest stats, as much as a 30 percent decline in hotel bookings. We have
the strikes going on, the labor chaos, again, hotels are saying it's definitely taking away business. I mean, at this point in time, what are
your hopes in the months to come?
NICOLAS LEFEBVRE, MANAGING DIRECTOR, PARIS TOURISM BOARD: OK, you know, we faced major problems as you said. Due to the attacks of November and due
to really recent problems with flood especially. But I think now it's over. And we are very much waiting for this big event coming in France and
in Paris. In a few days now. And we make a lot of hope on this events because it will put the light on Paris and France and we think it's very
important at the moment to see that we can host a very -- such an important event like this soccer championship. The major event for sporting in
Europe. And it's at a moment that we know that European people, especially, but also people from all around the world as to see Paris as it
is. As a large city, as a beautiful city that we all know and we all like, and it's a unique opportunity for us to show this face of Paris.
NEWTON: The attacks of November did target a sporting event. How important is it for you that Paris show its resilience through this next
big sporting event coming in the next few days?
LEFEBVRE: Yes. So we as I said we faced these problems. We still have a lot of problems. And especially, in the last week with the flood in Paris.
That makes a lot of problems for us, for tourists and especially for businesses. I think of them today, especially, you know, we are to close
some museums. We had troubles on the Seine River, with this flood. And things are going to change, I'm rather confident. The sun comes back,
first thing, and I think really that this event is very good news for Paris. To show the world, to show Europe especially, to show France, also,
that we will be able to welcome this great event, funny, very nice event, sporting event in Paris.
NEWTON: We certainly all hope that the sun returns to Paris in both a literal way and figurative way. But you know, Paris does still kind of
have that reputation despite through a lot of adversity that you can't control, that there are things that you can control. I mean, what kind of
a pledge can you throw out there to tourists who want to believe that Paris is safe and that it will be a welcoming city to look, come, we are prepared
to host you and it is still the city you may have fallen in love with when you were a child?
LEFEBVRE: Yes. We understand that there is a threat regarding the security because we had a major attack in November. But we know that --
I'm not a security expert -- but we know that the French authorities, police, government, they took the appropriate measures for security. In
fact, it will be a major issue for this event with a lot of measures. It will be a little bit different as with what we are accustomed to live in
Paris, but we have to do that, of course. It is very important. And it's very important to show the world and to the supporters coming to Paris and
to France, but especially to Paris, of course. That we can ensure a total security for the event, in the stadiums and the different places where all
the supporters will be. We are waiting that 2 million, 2 to 3 million supporters in Paris. Of course, it is very important for us to be able to
ensure the security.
NEWTON: We certainly hope it marks the beginning of a successful tourism season there in Paris. Thank you very much for joining us. Appreciate it.
European markets finished higher. The arrows are all green with Germany and France posting the biggest gains. Investors were responding to Janet
Yellen's comments on Monday. That all but ruled out an interest rate hike this month. Some were expecting it this month and she pretty much took
that off the table.
[16:25:00] Nestle is marking its 150th anniversary this month. What started as a small condensed milk company in Switzerland, has morphed into
an international food giant. Nestle's CEO, Paul Bulcke, told Richard Quest a company that has such a history can afford to play the long game when it
comes to business.
(BEGIN VIDEOTAPE)
PAUL BULCKE, CEO, NESTLE: Nestle has always had a medium to long-term perspective on things so we don't think quarter to quarter, day-to-day per
se, although that's a reality. But we always inspire of a longer view. And yes, I think that's one of the key elements that brought us onto 50
years down the road.
QUEST: How easy is it to shift direction in a company the size and scale of Nestle?
BULCKE: First of all, we are not one big thing. We are many small things. And that is basically what we have been trying to organize ourselves into.
Not a big tanker but a fleet of fast-moving ships. Although when you aggregate it, it's Nestle. And we are also decentralized. We are very
close to realities. There we have the people who react fast and swift on new realities. Still, there's permanent challenge to see how can you
combine size and translate that into scale, so that that goes into our benefit of building competitive advantages?
QUEST: Now of course, you'll be aware that I went with Nestle to the Ivory Coast and I saw the work that you -- the company is doing --
BULCKE: I know.
QUEST: -- with cocoa growers. Has that been a sea change? Not just with cocoa but in terms of milk formula, in terms of environment, in terms of
developing countries, not just being seen as profit centers?
BULCKE: What do we want to be as a company? We want to be a permanent nutrition, health and wellness company. We want to be a part of people's
lives, positively. We want to give people healthier and tastier choices. We want to enhance quality of life. And I do see a piece of chocolate as
part of that. And there's disengaging because there's some questioning around it. There's not responsibility. I feel it's much more responsible
for a company like ours to say let's go responsibly about that. Hence, what we do in Ivory Coast and go after the possible issue that are linked
with cocoa. And do that with the stakeholders that are involved there, and do that over time. I feel it's much more responsible than saying, well,
that can create some questions. So we don't want to have questions. So we get rid of it.
QUEST: I need to ask about Brexit, of course. How worried are you that a vote to leave would be extremely disruptive?
BULCKE: I'm for and Nestle is for an open economy where products and ideas and everything flows, where that's the most efficient way of organizing the
world. We know that. And so a Brexit would be some disruption there. I think it's not good for Europe, definitely not, nor for the U.K. It is
just one step backwards and I rather want society to go forward, and build upon what we have. Instead of going backwards.
(END VIDEOTAPE)
NEWTON: The NFL becomes the latest victim of hackers. They hijacked the league's twitter account and claimed commissioner Roger Goodell was dead.
He's not. More on the rash of recent rash of high-profile hacking, that's ahead.
(COMMERCIAL BREAK)
[16:31:00] NEWTON: Hello. I'm Paula Newton. Coming up in the next half hour of QUEST MEANS BUSINESS, we'll take you inside Nigeria's plans to join
the space race and the death of a very modern fighter. Mixed martial arts is mourning Kimbo Slice. Before that, these are the top news headlines
we're following this hour.
Eleven people were killed after a car bomb exploded during rush hour in central Istanbul. Local media reports say the bomb set off remotely as a
bus carrying riot police drove past. Seven officers and four civilians killed. Four people have been detained in connection with that blast.
Hillary Clinton has become the presumptive Democratic nominee for president, the first woman to lead a major party's political ticket in the
United States and however she is still urging her supporters to go to the polls Tuesday as six states cast their votes.
Donald Trump said the comments about the judge handling the Trump University case have been misconstrued. Earlier on Tuesday, House Speaker
Paul Ryan called Trump's remarks about the judge's race, quote, a textbook definition of racist comments.
The NFL's twitter account became the latest victim of hackers after someone took control and falsely tweeted the league's commissioner had died.
Several high-profile targets have had their accounts hijacked in the space of a few days. CNN money's Samuel Burke is here to explain all of this.
He obviously didn't pass away and came as a shock when it -- a couple of major news organizations in the United States reported that he had died
before they had to kind of correct it after a few seconds. It seems that twitter's having a real problem.
SAMUEL BURKE, CNN BUSINESS CORRESPONDENT: We have to say, he is only 57 years old so for the moment in newsrooms across the world especially here
in the United States where the NFL is popular, a real moment of people were upset. A 57-year-old man could be dead. Thank god, he is not.
I want to go through a list of people that this happened to just in the last week. National football league. Mark Zuckerberg. He's the president
of the biggest social network in the world. Katy Perry with the largest social media account on earth. Tens of millions of followers. Her account
was hacked. As well as President Obama, earlier on. Not in the past weeks. Britney Spears and we'll do one for Canada since you're our chief
Canada correspondent. Justin Bieber.
Again, Jack Black a few weeks ago. You're right. Twitter has a problem and we have a problem because people don't realize that when people like me
go on television and say you can't use the same password for every account, mom, that you really shouldn't do it because then if one is hacked, this is
what happens. Any other account can be hacked.
NEWTON: Okay. This is where you get a hard time by me. I was hacked a couple of weeks ago. What they put on, you know, wasn't pleasant.
BURKE: Pornography wasn't it?
NEWTON: Yes. They are posting pornography so I had to deal with that. The point is, look, I don't use the same password. I'm not your mom. I
don't use same passwords. I don't have time for the extra security steps for every account I'm on. What is twitter's responsibility in all of this?
BURKE: Twitter's responsibility, and you're not going the like this answer, to make sure that they have two factor authentication and which is
what they have and which is a lot better than other places. What does that mean? You need two pieces of material to get on. Your password and in my
case what I use on twitter is I have a text message. So I log in with my password. It says is this really you? We're going to send you a message
to your phone. I get a code and put it on. Annoying? Yes. But I don't want people putting pornography on my account and pretending to be me,
Paula Newton.
NEWTON: You're rubbing it in that I let it happen.
BURKE: Not just you but also the NFL.
NEWTON: If companies are so smart, why can't they fix it?
BURKE: This is the only -- listen. We know and including the tech company that is passwords are a problem and working to fix it with other types of
identification.
16:35:00] Like using the iris, for example. Using the thumbprint. It's going to change. In the meantime, whether it is you or whether it's the
people who work for the NFL Commissioner who thank god is alive and well, they have to use these type of steps. And it has to be -- especially a big
organization like the NFL. Maybe not Paula Newton and Samuel Burke. Come on, as the NFL, if running a CNN twitter account, you have to have two
factor authentications.
NEWTON: It was really quite sad. Imagine somebody that knows him personally for an instant wondering what happened.
BURKE: Good lesson. Double check. Just because twitter said it, it's not true.
NEWTON: Richard will hold you to task for that as well. Plummeting oil prices squeezing economy, millions of citizens below the poverty line and a
militant group spreading terror. Nigeria's problems run deep, now the country is looking to the heavens for solutions. Eleni Giokos takes a
closer look in our series "Nigeria: An Economy Divided."
(BEGIN VIDEO CLIP)
That's one small step for man. One giant leap for mankind.
(END VIDEO CLIP)
(BEGIN VIDEOTAPE)
ELENI GIOKOS, CNN INTERNATIONAL BUSINESS CORRESPONDENT: When you think about space exploration, Cape Canaveral and the international space station
probably come to mind. Here's another place to add to that list. Nigeria. That's right. Nigeria has a space program. The National Space Research
and Development Agency.
S.O. MOHAMMED, DIRECTOR GENERAL NASRDA: We're not part of the race for the moon. We are not part of the race for Mars. The space program in Nigeria
has always been focused on bringing practical solutions to Nigerian's problems.
GIOKOS: it might seem surprising that Nigeria, a country with spotty electricity, a 70 percent poverty rate, a life expectancy of 53, would fund
a space program. Even Nigerians who work there have had a hard time believing it.
Were you surprised there's a space agency in Nigeria?
SADIYA BINDIR, ENGINEER NASRDA: I was initially. When I tell my friends where I work, they are like, we have that agency?
GIOKOS: Researchers here say satellite images are key to understanding big problems like rapid urbanization, a swelling population and a looming food
crisis. The agency has eight locations including the Center for Satellite Technology and Development in the capital city of Abuja.
Its sprawling campus is home to a ground station, a conference center, even a museum. The laboratories look more like high school science classrooms.
The agency put five satellites in orbit since 2003. Those satellites were not built or launched on Nigerian soil. That's the next goal.
S.O. MOHAMMED, DIRECTOR GENERAL NASRDA: By 2018, we will be able to view the satellite from our facility here in Nigeria. In 2030 we hope to have a
facility to launch satellite on Nigeria Territory.
GIOKOS: Why not keep outsourcing the heavy lifting to places like Russia and China that have launched Nigeria's previous earth observation and
communication satellites? An engineer who worked on the designs says it's about national pride.
SADIQ UMAR, ENGINEER NASRDA: We should be able to translate what we have seen abroad here in Nigeria so that we can have our own satellite that we
would be proud of.
GIOKOS: Perhaps the most ambitious goal? Putting the first African astronaut in space by 2030.
UMAR: Putting a man in space is one thing everybody can appreciate and one goal that every country wishes to actualize. My country Nigeria cannot be
left out.
GIOKOS: The space agency's also using their satellites to look for almost 300 schoolgirls kidnapped in 2014 by Boko Haram. For this year Nigeria
allocates $20 million to the space agency. The Director says more money is always needed.
You need $30 million for this year.
MOHAMMED: Yes.
GIOKOS: During these tough economic times, why should the government be spending this money?
MOHAMMED: This is the same question that I've always have been asked in the U.S. why waste the money on NASA? Budget for satellites also a budget
for culture, budget for satellite is also budget for environment. Money is $30 million, is it a waste? To me it is no.
GIOKOS: CNN money. Eleni Giokos, CNN Money. Abuja.
(END VIDEOTAPE)
NEWTON: The Brexit battle is heating up. Two weeks before the historic U.K. vote. David Cameron is making his case directly to voters right now
for staying in the E.U. but a lead supporter of leaving is offering an opposing view. We'll have that when we come back.
(COMMERCIAL BREAK)
[16:41:47] NEWTON: Residents of the U.K. face a midnight deadline to register to vote in the EU referendum. Now ahead of that deadline Prime
Minister David Cameron and UK Independence Party leader Nigel Farage are on live TV right now trying to answer questions about the implications of a
possible Brexit, following it all is CNN's Nic Robertson joining me live from London. I was commenting to someone other the day, leaving the EU
depending on which side you listen to is either utopia or the apocalypse. Are you hearing something that's more reasonable, something that voters can
sink their teeth into and look at some measured arguments?
NIC ROBERTSON, CNN INTERNATIONAL DIPLOMATIC EDITOR: I don't think they're hearing anything new. I've been listening to the debate until two or three
minutes ago and nothing new in there. It was the same arguments and positions. You know, it was the tone that was a little bit more measured.
Perhaps than we have seen in recent days. There's a real sense here that this is, you know, apocalypse or whatever, a roller coaster.
The leave campaign feels they got some momentum. The remain campaign sees that the polling is getting closer. They're getting worried. The rhetoric
on both sides. So much at stake is ratcheting up. I think people heard what they heard before. But also, you know, two weeks to go more or less
give or take a day or so. People really realize they have to make up their minds and so maybe they are tuning in a little bit more attentively.
People are still confused, though.
NEWTON: And is it confused, at the end of the day, is there one central issue that this will hinge on? The debate has either highlighted whether
or not you buy the economic arguments on either side or whether there's something more emotional at stake here.
ROBERTSON: Yes. Head or heart. The head issue here is the money issue. That's what the remain campaign is sort of put all their stakes in and in a
way they have played the card already. Laid out. President Obama visiting. As IMF have done and so many both international and more
regional financial institutions said. Britain is better off to be inside the European Union.
And is what if you will David Cameron is taking to the bank but that argument is already spent because he made ground on that. On the other
hand, it's the heart issue, the immigration issue, the sovereignty issue and that's where the Brexit, leave campaign feels is the Achilles heel of
the government. And that's a message that's been more dominant over the past few days and that's why there's been some momentum in the sort of
polling figures, you know, that pollsters are seeing right now for the leave campaign.
But yes. It's head and heart. It's your pocketbook, your head or your heart that will get more sovereignty. And more control over migrants if we
opt out of the European Union.
NEWTON: We have seen everyone from the WHO to president Obama weigh in. Do you get the sense in the next couple of weeks that we will hear more
from Europe? Let's face it. They have a big stake in this, too.
[16:45:00] ROBERTSON: Oh sure. There will be a cooling off period. The problem of Cameron has had and, you know, all frankly all politicians
around the world are facing at the moment, those in Europe, too, not immune to this is there's a lack of trust.
So when politicians in Europe speak out as they have been, German foreign minister a few days ago, it goes on day by day, people are still skeptical
of it. They don't know who to trust. We'll continue to hear more voices. I think there will be a cooling off period.
There's certainly a sense that the remain campaign continuing to focus on the money, people that don't trust the figures or don't trust the people
telling them the figures, you know, are open then to the leave campaign that say this is fearmongering and scare mongering so they have to be
cautious and careful. And therefore the more sort of European leaders that weigh can be counterproductive but yes they have been putting their voices
out there.
There's real concern in Europe. There's concern. No one knows what would happen to Europe if Britain pulled out and that is very troubling for the
European enterprise.
NEWTON: Yes, a lot at stake and they don't have any control over what the outcome is going to be. Our Nic Robertson will continue to follow the
debate there from the U.K., appreciate it.
Now, if Britain does vote to leave the EU, the Chancellor of the Exchequer warns Northern Ireland would be impacted more than any other part of the
U.K. George Osborne said Northern Ireland would lose close to $2 billion over just 2 years as well as suffer 14,000 job losses. Meantime in the
Republic of Ireland, the leader of the main Irish opposition party told Richard Quest not enough strategic planning has been done in the run-up to
this referendum.
(BEGIN VIDEOTAPE)
MICHAEL MARTIN, LEADER, FIANNA FAIL PARTY: It doesn't have a plan "B" if Brexit comes along and I'm worried about that and I'm raising that issue.
I think there's not enough scenario planning in the event of Britain leaving the European Union. There's some talk of a two-year negotiation
phase and so on. But generally speaking, I think it would spell trouble for us in terms of the economy and in terms of border controls again, on
the northeastern part of the island of Ireland and there would be real issues there, common travel area.
I think everybody's hoping and hoping that it works out in a different way, in other words, that Britain stays within the European Union. And if it
doesn't, there will be a lot of soul searching, even in Britain as you know, there's been different scenarios as to what will happen if a vote to
leave succeeds. And you had the treasury document in terms of Canadian trade agreement option or World Trade Organization or closer to home in
terms of Norwegian and so on like that.
So no one is quite clear what happens afterwards, and I think that uncertainty is really an issue that worries a lot of people in Ireland and
indeed I think in Britain, as well.
RICHARD QUEST: For a country like Ireland that is only just coming out of what -- by any definition was the most dreadful recession has made huge
economic progress, this could tip you back into recession.
MARTIN: I think it could. In terms of the uncertainty, yes. In terms of even our exports and the exchange rate and so on. That's an immediate
potential casualty of -- from a Brexit. And in terms of uncertainty of the movement of goods and services, that equally would be very problematic for
us.
Now, I mean, we are a very good destination of foreign direct investment, we are very resilient. We have a strong modern economy in terms of life
sciences and the technological revolution that occurred in the last 20, 30 years. All the big names are here so we would like to think
notwithstanding that we would be somewhat resilient and I can tell you this. It will give us a headache. One hell of a headache that we just do
not need.
QUEST: Are you surprised that the British government has got itself into this mess in the first place? You have quite a lot of experience in this
country with referenda.
MARTIN: I'm very surprised and was very surprised when Prime Minister Cameron made the decision to opt for a referendum. I have a lot of
experience myself of European referendums and I led the last one in terms of second one to stay within Lisbon and pass the Lisbon treaty.
QUEST: Have the brits done everything wrong in terms of decision to have it, the way it's structured and the whole thing cobbled together? I
realize that's a difficult question to answer.
MARTIN: I think naive is a more polite word to use. I think you need a hell of a lot of preparation in advance of any referendum these days, very
often people discuss issues that are not exactly specific to the referendum, there's all sorts of issues. You need to prepare the ground
well and I'm not sure the ground was as well prepared as it could have been.
(END VIDEOTAPE)
NEWTON: It is a rags to rich story. A once homeless YouTube street fighter rose to become a mixed martial arts sensation. We'll examine the
legacy of Kimbo Slice after the break.
[16:50:00] (COMMERCIAL BREAK)
NEWTON: Now in the same week that the boxing world is mourning the legendary Muhammad Ali, the world of mixed martial arts suffered its own
grave loss. May not have been a familiar name around the globe but his legacy will undoubtedly leave a huge mark on professional fighting.
Kimbo Slice died Monday night at the age of 42. The cause of the death is so far unknown, if you have never heard of Kimbo Slice, he rose to fame as
a bare knuckle fighter. Internet videos of the amateur street brawls became a viral sensation. He was known, of course, for intimidating power
and his brute strength, and he was able to parlay the online fame into a successful MMA career.
Joining me now here in New York is Phoenix Carnevale, she is a mixed martial arts commentator. Thanks so much a big shock for everyone
following the sport. But how can you define his legacy, this was an extraordinary story. I don't know much about the sport but, you know,
people were riveted to this first on the internet and then they really followed him and followed his career.
PHOENIX CARNEVALE, MARTIAL ARTS MEDIA PERSONALITY: Well, Kimbo Slice was a polarizing figure because he -- he's sort of a rags to riches story if you
think about it, as well. As somebody that loves martial arts and as an art form and also understands it as a combat sport, I originally was not a fan
of Kimbo Slice and he won me over.
I wasn't a fan of people taking violence and it getting viral and then turning it into fighting and how it became famous. But he appreciated
mixed martial arts for what it was and knew he had to train diligently, and to really become not just somebody that brawls in a street fight, but
learns how to be a professional athlete and that's why I think a lot of us in the MMA world appreciated him because he appreciated us.
For example, when he wanted to get into the UFC, Dana White said that if you wanted to get into the UFC you had to earn your way in. He had to be a
part of the Ultimate Fighter which was a show where you had to fight your way into the UFC. He had to learn not just to fight with the hands and
bare knuckle and be a brawler but to learn mixed martial arts skills, which is many martial arts mixed and takes a lot of skill and you have to be a
professional athlete, not just somebody who fights.
NEWTON: If you admire that in him, what would you say you admire about what he gave to mixed martial arts in terms of the growth of the sport over
the last few years?
CARNEVALE: He was like a gateway drug. People might have been interested in the violence and the brutality and then saw the hard work and discipline
and what it is like to be an athlete in that sport. You might have liked him because you liked looking at something sensational, and then realized
you had to work hard and you had to be an athlete. And then realize that he was a charming person and that, you know, maybe he got into fighting
because it was all he had. And that was an outlet for him.
[16:55:00] And, you know, he was able to take that and go from nothing. He was homeless one point. A bouncer at one point. He was able to take that
skill into an actual career.
NEWTON: That's what people appreciate about the story. We have to mention in the last few months, he had failed a drug test for steroid use. He paid
a fine. He was still going to be able to take part in a huge fight in London, England, despite that test. I mean, we can't say, we have no idea
how or why he died. But at the same time, how do you think that legacy will impact the sport to come? Because everyone wants people to know this
is supposed to be a clean sport.
CARNEVALE: I think that as it becomes more and more popular, there's much more attention to the drug use that's happening so I've worked primarily
with the UFC and they have instilled strict rules using USADA and things like that. Different organizations have different, you know, ways that
they handle drug use and now guys have to test for it and they're fined and we are really looking into it.
What's sad about it is I think the athletes feel pressure to do a lot of drugs, especially as they get older and testosterone levels are lower and
lower and he was 42. I'm not condoning the drug use in any way and I understand why these high level athletes feel the need to use them and it's
very important for the sport that we clean this up for their safety.
NEWTON: Definitely he was known as a tremendous athlete. We should say a very nice guy.
CARNEVALE: Yes.
NEWTON: Out of the ring besides. Thank you so much. Really appreciate it.
CARNEVALE: Thank you for having me.
NEWTON: We'll be back with more QUEST MEANS BUSINESS in just a moment.
(COMMERCIAL BREAK)
NEWTON: Time for one last look at how the markets did today. The DOW finished up to 18 points pairing some gains in the final hour of trade and
it couldn't quite crack that 18,000 but stay tuned for this week. Recent increases in the DOW have put it within 400 points of its all-time high set
back in May, 2015.
[17:00:00] And while the S&P 500 is within 1 percent of its own record high.
And that's it for QUEST MEANS BUSINESS. I'm Paula Newton in New York. Thank you for watching. I'll see you right back here tomorrow.
END
