tv MONEY With Melissa Francis FOX Business May 30, 2013 12:00am-1:01am EDT
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neil: you can't -- i am saying we can address tha your concerns and these concerns. you can have your cakend eat it tto. we'll see how it goes girlfriens spending too much money. david: money with melissa francis is next. melissa: i'm melissa francis and here's what is "money" tonit. a deadly virus spreads. its killing more than half the people it infections. health officials call it a threat to the entire world. how much damage will it cause the global economy if it spreads even further? a revolutionary idea to lock in college tuition shun rates. texas has the big idea. they will tell you why other states should be taking note. who me moy tod, investors in one company that aren't just taking home the bacon. they m be rolling in it. can you fure out who it is? i have no idea. keep watching. even when they say it's not it is always about money.
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melissa: so we start tonight with what the worldealth organization is calling the greatest global health concern. it is a new sars-like virus. the middle east respiratory system corona virus or mers already hit eight countries across europe an the middle east. so far there have been 49 confmed cases and 27 of those, more than have, they were fatal. you remember the panic and subsequent economic impact of the 2003 sars tb. are we looking at anothe global outbreak withevere economiconsequences? here for more are dr. ernest -ppatti, senior attending physician of emergency medine at st. barn bass hospital in the bronx. and my favorite economist, peter morici. thanks toboth of you for joining us. dr. patti, let me start with you. how is this different from the other sars virus? >> there are actually a lot of similarities, melissa.
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the problem when you have viruses like this, viruses are simple and they easily dapd to changing environments and it is quite scary because we don't kow how the virus is fully transmitted and w don't know its natural harbs. meliss i heard it described as less contagious but more dead. of those two i don't know which one i want. they both sund horrible. >> theyoth are very concerning, and half of the cases they diagnosed reportedly resulted in death. that is something very concerning the world health ganization is right to raise the alarm about this. melissa: peter, that is what makese nervous when th wto steps in and says this is the issue of greatest concern around the world, that makes me nervous. this could keep people at home, stop travelers, stop businesses from traveling. and really slow down a recovery that isn't that robust in the first place. >> well absolutely. the recovery really nott3 very strong in 2013.
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it is much less than 2012 and something that was widespread that covered several continents caused people not to travel. took at random critical personnel out of organizations, you know because they get very sick and some dn't return. it has the potentl to slice a percentage point off of gdp. when you start looking at something like that you could derail the recovery, that is possible, yes. melissa: dr. patty, what is the appropriate response to something like this? >> first you have to isolate cases like this and i think that's the goal right now. they're effectively doing thatut we really need to findut more about this particular strain of virus. don't forget, as peter mentioned with air travel this type of virus can spread like wildfire and we don't want to have another global epidemic. melissa: absosolutely. peter, one thing that makes me nervous, this has been tracked through the middle east and of so many business travelers, you know, right now going through that area in particular, when it is isolat in asia i think people feel safer for one
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reason or another, that they can stayway from that region of the world but this is a central area where people are traveling through on businesand where the economy is really flourishing. isn't that a concern? >> absolutely. there are two kinds of places, those that are not in the global network and those that are. places like shanghai new york and dubai and so forth. when tough in of those locations if it can spre persono-person, think what goes on in airplanes. it is very easy for one or two people to get on with th virus and 30 to get off with the virus. they go to other places and other places and other places of the before you know it, not only do you ha the problem of sickness you have pple afraid of being sick. pelia: right. >> that can even be more devastating. melissa: absolutely. sound like a terrible movi pharmaceutical companies i uld imagine, are they already racingto do something about this or is it too early? >> well it is still i think at the early stages. don't forget, we, most human beings get complacent aot of time with anti-bacterial
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this and anti-bacterial th. common sense dictates eventing this in a lot of case. >> what can i do? >> we think it is spread by droplet or respiratory droppest are. what i mean a person sneezes or cgh and th micro aerosolized go on doorknobs or countertops. you put it into your mouth or nose and transmit it to yourself. melissa: disgustg. >> that happens every day and peoplere touching their faces with inanimate objects. war something very important. if you're on a plane people are coughing and sezing you want to be sure toa prautions. some people on a long plane fight would wear a ma. melissa: would you do that right now? >> if i was flying to one of the middle eastern countrs would probably consider it, i would. melissa: we don't know if this is transmitted by drlet. >> they're not sure. they assume it is like corona type virus it could be transmitted same way but they're not certain. it could be another way of
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transmission. these are early stages and still needs to be investigated. >> peter, do you imagine that pharmaceutical companies and companies from economic perspective are raising to get involvedn this and do something about it that would help the world and also help their profits?. >> can't blame them for doing that. melissa: no. we need them. >> you know, don'tave no know enoughf a virus to co up with a vaccine to go into the flu shot or some sort o anti-viral drug. and what w'rehearing from the doctors that we know so little about it and we haven't adequately isolate it. if you don't isolate you can't address it, ist that right, doct? >> yes, that's correct. don't forget they also found cases in germany and france. we know abo france and germany and great britain of isolated cases as well. it is europe as well. melissa: gentlemen, thank you so muc we appreciate your information. >> thank you very much for having us. melissa: time for today's fuel gauge report. total, the frenchil giant is feeling the wrath of u.s. and french officials t has been smacked with a $398 million fine for allegedly
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making corrupt payments in iran for years. officials plan to bring total and itseo to trial over charges in paris. exxonmobil expansion of the oil project canada is 30% complete. that is according to exxon ceo rex tillerson. it is on target to begin operations by the year 2015. the project is expected to produce $4.6 billion barrels of oil over 40 years. oil futures sank to a low after concern about chinese demand and caused a selloff in prices. crude went down to 92.13 a barrel. next on "money," why are companies hiring old bosses that already said sayonara? will places like proctor & gamble and jcpenney turn companies around? steve forbes joins us on the power of money. plus how texas may have come up with the best solution for soaring college costs well, since college.
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melissa: call them the boomerang bosses. os wh leave their company and get called back to retake the helm aer their successor, well, performs a little poorly the latest two examples are newly repointed proctor & gamble ceo a.g. lafley and jcpenney ceo mike ullma. what is with the second chances especily, they were originally fired themselves. surely it is an example of the power of money or vintage money maybe. my next guest certainly knows a thing or two about all that. steve forbes is the chairman of forbes media. great to have you back on the show. >> thank you, melissa. melissa: have you noticed this trend? peop like old school, steve jobs, howard schultz, who invent a company, you know, and they get it off the ground. they leave and itort of wobbles and they have to come back and right i, that's one thing. but these other guys like a.g. lafley or myron ullma who was basically ousted out of jcpenney for po performance. they put mebody else in
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and got to bring him back, what does it tell you about a company? >> what it tells you they made the wro decision on succession. it is one thingg for a founder, no one likes to leave the corporate thrown. melissa: yeah. >> so they want to get back. it doesn't always work the formeread of occidental tried to get back, got tossed off the board for his efforts. they did not want him back even though the current ceo had certain questions about his performance. >> in the case of founders they always know how to do it better than successors. in the case a starbucks it certainly has worked out. steve as you alluded to, was fired from his job. lissa: right. >> took him 12 years to learn how to be a ceo. he was a terrible leader in his 20s when heame back, he was a formidable one. melissa: what did he learn? how did he learn this time around? >> he learned how to attract talented people, how to get the best out oftalented people even though he had a prickly personality. thatas a painful process. took him 12 years to do it. became a great corporate
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leader, one of the greatest of all times. without that 12 years in the wilderness he never would ha been able to do what he did. melissa: the stage would not really be set for michael dell. >> there's a man who left the company. came back not because of the money. he is a very ealthy man. meliss suree >> because he felt the company was starting to flounder. the stock collapsed. what he has discovered turning thishing around, reshaping the company is formidable. what he is doing the buyout for is n to do a financial engineering deal but he think i realizes there will be real blood on the floor to reshape this company. he does not want to be part of the shareholders. he wants to do it on his own. he thinks he can do it and only one he can do it. melissa: do you ha nfidence in him? look what has happened to the company since he came back in 2007. the stock has fallen almost 50%. >> i think the slide was already beginning before that. melissa: yeah. >> and the prospect of him coming back boosted the stock initially but i think he wants to move away from the stock. this is his baby. he wants to be able to have a chance to revive it.
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he knows it will take massive surgery. he doesn't want quartey reported shareholders on his back. lissa: is it hubris when these guys come back? they have been on top part of one reason or another. >> part of it is ego. they love doing it. it is really the entrepreneur. theentrepreneur created somethg. this is his creation. when he sees it is not being run the way he thinks it should be run, getting away from the original spirit he will come back. in the cas of penney, that was highly unusual one. melissa: that is exactly where i was going. bless s heart, myron ullman, he was out ofed from this company. it is not like -- >> here is a very strange case. everyone felt jcpenney was on a slow decline. so they bing in ron johnson. had a great record at apple. great record at targ. target as thekills call it, and massive failure. they didn't stick with him. he didn't providehe money to see this thing through and hired his predessor. melissa: do you think that was a mistake, that they
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should have stuck with ron johnson? >> they should have known once the thing started to flounder that the time to reshape this thing would be massive amount of time. now where are they going to go? i'm not sure how long mike lman will be there. what they have to do is stop the bleeding. that is what he is there to try to stop. melia: do you think he is just tporary and think the samehing about a.g. lafley or is this -- >> lafley left in a blaze of glory. the company was stiltfied and turn it around and at is not more of assors had leisurely case but a case where ey have to bring in newalent. they're a lite short on the top bench. it will takeim a couple years to dit. but he h success where ullman was seen, you didn't do that very well. compared to what? melissa: yeah. i thk th was the biggest surprise of all of them, when they said they were bringing ullman back a lot of people couldn't belve it. you think that is very temporary where they do some sort of search because they weren't happy with his performance in the first place? >> thequity funds got to sit down and figure o wh should this company be? where can it go?
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then be willing to provide the resources and the time to turn the thing around. these quick turnarounds only happen in movies. real life it is very difficult. melissa: steve forbes, such a wealth of knowledge. thanks for coming on and sharing it. we appciate it. coming u on "moy," college costsre skyrketing but what if you coul lock in theew it wi rate. it is a revolutionary idea gaining steam, where else in texas. wait unt you see what they're doing. plus one of the america'siggest companies is spending $15 billion to what a good idea! maybe this will get california and new yorkto snap out of it!. do you ever have too much money? ♪
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what if you couould lock in the rate for four years? is a bold new plan by a texas lawmaker and would require state universities to offer students tuition at a fixed price. fox news's casey stiegel is in dallas with the details. casey, i like the sound of is. >> hey, melissa, i like musical interlewd coming back in from commercial break. right now is graduation season of the a lot of kids are heading out into the big world with big bills, no doubt about that. college loan debt in this country has topped $1 trillion. th is trillion with a t. it has surpassed all american credit card debt combed. lawmakers here in texas taking steps to make the st of higher education, not only more affordable but also morepredictable, the legislature just passed a bill that would require ste universities here to offer students a tuition freeze. meanin they can lock in the same rate for all four years. a huge advantage when you
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consider college tuitition rates are surging every year, up to four times above the regular rate of inflation. >> institutions have incentives and right now their incentives aren't based on providing students with a good vue. right now they're based on getting students in the door and getting students to pay as much as they can. >> this bill now has to clr the state senate but some schools are already doing it voluntarily like on the ut-dallas campus for example. it only offers this fixed tuition aadthe students we talked to there, it i am nates as you can imagine a whole host of hassles. >> it extremely frustrating for students like me to have a unersity comes in hey, when you art university, you pay x-amount, and when you finish thexact same amount. it allows me to planmy entire financialuture that way. >> texas governor rick perry
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are urging state schools to offer a $10,000bachelor's degree and nine schools here already started doing it for certain majors. florida and wisconsin governors by the way are also looking at similar plans for students in their states because, melissa, as you know, the cost of going to college these days is so outrain just, many people now kind of -- outrageous many pple are opti out because they just can't afford it. with no guaranties finding a good job in this econo once you're out, it is a lose, lose situation foa lot of yng students. melissa: it sure is. a $10,000 bachelor's degree is a step in the right direction. >> it is. melissa: great report. >> yep. melissa: whether on wall street or main strt here who made money today. investors in smithfield foods, one of the china's biggest meat producers is buying it for $4.7 billion. the news sent shares of smithfield foods through the roof, gaining 28%. if approved by regular regulators it would be the
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largest takeover yet by a chinese company. losing money today, netflix. as if diocre reviews for "arrted development" were bad enough, it has been illegally downloaded more than 100,000 times since sunday's debu can you believe that? netflix makes 7.99 a month per subscription. that lost revenue could buy a whole lot of frozen bananas the. trying to make money today. bruce willis is putting his beverly hills mansion on the market for $22,000. wow! it is 11 bathroom and bedroom estate. and includes a pool. he bought it for $9million in 2004. if he gets his ask a nice piece of pocket change. california and new york are already blowingt on tracking. a $15 billion is investment in in fracking is here to stay. we'll tell you who is anting up big-time.
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move. shares of nbn energy. midamerican energy is owned by berksre hathaway will acquire nbn energy for $10 billion or 23.57 ashe. they serve 1.3 miion ga or electric customers in nevada -- nv energy. >>it is investing $15 billion in fracking, which probably means the method isn't going anywhere anytime soon, right? despite states like california and new york doing everything they can to avoid it. what exactly is ge buying in big-time? nick loris is energy expert from the heritage foundation. nick, welcome to the show. i like this quote from a seni vp at , mark little, said the company did nothing in oil and gas over a decade ago but they have invested more than $15 billion in the just the past few years. why doou think we're seeing the big switch for them? >> well, oil and gas development ha really been one of the bright spots in
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the u.s. economy over the past few years and with the glut ofoil and natur gas that we have here at ho, it makes sense for them to be investing in it. we use it as a critical resource for electricity, for transportation fuels. so why not? melissa: well, because it is not without controversy. there is a lot of backlash bense fracking. if you listen to folks in new york and califnia, especially california. they make it seem like it can be stamped out and stopped, ge isn't a company to really take a flyer. it is a very large company. if they're goi to turn the ship, li a huge, you know, battleship. it takes a while. so for them to decide to make this kind of strategic move it's a bet that will stay here for a while in spite of the fact that there are so many people fighting it. >> it is and it has beenen around for a long time too ani think that's on point too people often forget that we've been fracking here in the united states for about six decades now. when you see the success stories in places like north dakota, pennsylvania and ohiohere jobs are
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being created, energy is coming out and it is lowering prices for american consumers, to me it sound like a sound investment. melissa: yeah. mark little also drew parallels between ge's work in the aircraft industry saying that many decades ago when they got int the business of flying that was considered dangerous as well. would you say that this is this is a vote of confidence for the frackingndustry, at it will be able to overcome oppositions from those who thk that it's not proven and safe from an environmental standpoint? >> i think so and ge usually taking the path of rent-seeking for subsidies en it comes for wind, solar, other renewables that heavily rely on xpayer dollars to succeed. here the technology and two sources of energy and oil and natural gas that haven't needed help from the fera government by means of subsidies. i think with again the glut of natul gas and oil that have in the united states and the important role that fracking is going to play to extract those rources,
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yeah, i think it is here to stay for a long me. melissa: do you think they should be worried from a pr point of view? ge is a company tha has taken a lot of heat over the years for various things. it tried to reinvent itlf as very much a clean company, at the forefront of clean coal? you mentioned what they're trying to do in wind and solar energy. from a pr perspectivedo you think this is a smart move to get involved in something where ere are hollywoo movies telling how bad fracking is? >> that's a great question. and i think they ll receive a little bit of backlash from that, again especially for the amount of money the poured into renewables but at the same time, natural gas is often sold as a clean, fuel than coal. so, you know, tat i guess remains to be seen and again it's a resource tha we've used for industrial processes for a lot of our electricity demand andt is cleaner than coal but at the same time, it succeeded in the marketplace without federal help. melissa: yeah, nick, there you go. thanks so much for coming on. appreciateour time. >> you b thank you. >> a stunning new statistic.
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i can say that, is a clear sign of the times. an extraordinary 40% of the u.s. households with children now boast the mom as the primary breadwinr. we have really come a long way, baby. researchers behind the pew study says the trend is all but irreversalable. how did we get here and what is in the future. we have all-star panel. hadley heath. noell nikpour is with us and julili roginsky, a fox news contributor. great to have a the ladies -pwith us. >> tnks very much. julie, were you surprised at this number? i was. 40% are the primary bread winnerses. that is most half. >> i'm not college at higher rates than men. guys, have to step it done because women are graduating in much higher rates than men are day. you have a rise and spike in single mothers. melissa: yep. >> single parent households. combine the two trends makes perfect sense why women are
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doing so much better. you have a more educated workforcand workforce wherwomen are the sole breadwinrs. combine those two facts, how could it not be? i'm not surprised i is not 50% at this point. meliss hadley, what do you think about that? what do yothink of the stat that a lot oo households have just one parent bringinin the money? that was exactly my first reaction. aren't they considering how many single parents households areed by mothers. of coursehose women are breadwinners. it is not always by choice. so thetatistic doesn't indicate good nws. it could also mean bad news foa lot of women who are breadwinners by necessity. melissa: noelle, what do you think abt that? what are your thoughts? >> fir of all, melissa, ladies rule. this is fantastic. the second thing of it is, we're encouraged to g our degrees d become professionals. when we go to coollege we want to be able to use those degrees. so you know i think you're seeing a little bit of this, i wasot shocked at all about the 4 because i know a lot of ladies here in
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arkansas, texas, new york, florida, that are actually the one main breadwinner of thr family. so i'm seeing it as it is happening. i think that, you know, entually the role of the tradional stay-at-home mom is going to become somewhat of anntique. melissa: well, i mean the whole thing about choice everybody should have the choice to do whether they want, whether working or staying home. we all respect each other's choices. i thought what this kind of proved there are more choices out there, that maybe women are as able to go out and be the main breadwinner. possibly it isn't as hard for women to earn the same wage where they can support their family. so when you have a family, with two parents you can decide who can go work. maybe if the husband gets laid off, gives the woman an opportunity to go out to suppt the family. you have more options. what do you think about that? let's let julie go. >> yeah,ook i haveriends who actually have husbands who decided they would stay home with the kids and the wife decides she will go out and be the main breadwinner.
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think that's great. it is about having options. i know woman w have no choice but to work and rather be home from the kids. it works f different peop. i stayed home after having a baby for two weeks and incredibly relieved to go back to work. exactly right. a lot of people don't feel that way. a lot of people wanted to stay at home with their baby. a wonderful option for woman but sadly many don't. melissa: hadley, what would you say? >> i don't an about the statistics what choices are available for women. this is just result. >> why do you say that? just to go through the stats 40% of the households woman was larger salary and primary breadwinner, 2/3 of those it was a single household and one-third both parents were working the mom was actually making more. >> right. melissa: that says something about the abity of women to earn the same or greater wage, at leas that one-third group? >> of course. m not questioning women's abilities. of course women can do anything men can do, maybe
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even better sometimes but this is not a case where you'resking women in this stud if fo example was this your ideal world this be your prefence? another study from the pew research center found 23% of the married mothers wod prefer not to work full time. pome women toochoose to stay at home. god bless them if they have the opportun to do that. but this particular statistics doesn't tell us about what their preferences are. melissa: does anyone ever ask men if they would prefer to stay at home? if they rather the woman was supporting the family a they could stay homend not work and ta care of the kids? i throw it out there. >>e should. we should ask them. melissa: we don't often say that. go ahead, noelle >> i wish sobody would have shown this recent poll to paultudor who made that horrible comment that, you know, that h didn't s much use for the women investment, that there weren't a lot of succsful won investment bankers and --. melissa: you're talking about the quote that paul tudor jones made, it was a poor choice of words but
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what he was trying to say the particular job hea talking about is a 24/7 trader. if y're going to be available to trade around the clock it takes a very specific kind of person who basically isn't attached to anne. i think that person is not a great mom a not a great data moment but probably not a job you have for your whole entireife. maybe you do that for a period of time when you're younger. unfortunately he said as soon as womenhave cdren they're not, i don't want to pararaphrase him incorrectly and further, make this argument even worsehan it already is but whate was talking about, iean i ink would have applied both to men and women. >> yeah. melissa: i don't know. julie,in thoughts before we go? >> i got to tell you if you're a guy and have a baby anrade 24/7 i don't want to be married to you i don't want to be married to that guy. melissa: that's my point. that guy is not a great dad either. thanks for coming on. wish we had more time. we'll do it again. here is our "money" question of the day,oms are now the top earners in 40% of the homes. how abou your home? does it ring true?
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we want to hear more from you. phrase book.co book.com/melissafrancisfox or follow me on twitter @melissaafrancis. coming up, the nfl is encouraging players to intern on wall street a give them a second career when they're done with the league. a buffalo bills lineman beefg up his resume' with a internship at ba of america, merrill lynch. he will tell us how he will make sure he doesn't go broke. because at the end of the day it is all about money. ♪
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melissa: how did you find out about itand how did you decide what to do? >> well the nfl offers internships with companies around the country and each team has a player development person that works in house with you and presents these oppounities to you and, i heard about they were doing one with merrill lynch and i had a economics degree from vanderbilt. so i was really interested and perhaps pursuing a career in finance when i got done playing football. so reached out to them nd they put me in contact with merrill lyh and a great financl advisor, jim graves interviewed me and was willing to take me on as an intern. melissa: you're training to -pbe a trar, wealth manager or what is it specifically you learned how to do? >> i interned with private wealth manage with merrill lyh.
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so just all the things that go into financial advising and asset allocation and market resech and everything that go into that. melissa: it makes a lot of sense from the outside to people. you know some people think that players make millionsns of dollars and they're on the fieield and they make so much money, that you don't need to plalan for the future. others realize, an injury can instantly take you out of the game. at the same time, you kw as a professional athlete you're supped to be totally focused on your career, totally focused on the game, believing in yourself 100%, believe that you're going to be in it forever. so it seems like having a plan b, doesn'to with the psyche of a being a professional athlete. how do you reconcile that? >> well, i think you always have to have a backup plan. you can getnjured tomorrow and you could never play again. you could get cut tomorrow and never play again. so like i heard you saying before the average career of nfl player is only 3.5
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years. so i know that. i'm going into the fourth year. i might understand i might not have too many years left in this game. i have to prepare myself to take ce of myself and family when i get done playing. while i'm still here i'm 100% focused getting the jojob done at hand. during the offfseason i need to take time betttr might have self as a person to help me. melissa: what was the reaction from your other temates? i would imane in the off-season maybe they're having a great time. here you are working. was, were othe people doing things like th? al you have a degree in economics from vanderbilt. so you have thoughtbout these thin but not everybody,re there a lot of other players have a plan b or would you say that you're e exception? >> i wouldn'tay i'm the exception. you hear about tons of guys that have businesses on the side. i know a couple other guys did internships. they offer these business management etrepneural programs at some of the best business schools around the couny. i did one at wharton this
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off-season. they do them at harvard, northwestern, stanford. they have many opportunities for you and i would say the guys understand that they're not going to play forever and only a few guys make that huge amount of mney where they don't have t worrabout working when they get done. so i think everybody, i guess kind of proud of me i tookhe nichetive to -- initiative to get something done when i'mou of football. melissa: good for you. thanks for coming on the show. >> thanks for having me. melissa: up next, does this teapot look like anyone familiar? look at it? the resemblance to one so famous dictator, jcpenney sold out of these things. that has not stopped many shoppers from getting steamed. we'll explain why in spare change. you can not have too much money. ♪ . [ male announcer ] this is the age of owing wht you're made of.
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do you see it. before that, i don'tnow. after the buzz -- the whole inventory sold out in a matr of hours. i mean, what do you think? >> listen, ts is the last thing that j.c. penney needs, a decatur -- dictator small appliance line. i don't think it looks like killer at all. i'm sorry. i don't see it. melissa: what do you think? did not see it in theegular picture. i thought it was a very key teapot wit a bell on the end. of course, and we juxtaposed th the picture, there you go. >> the thing they're on something. of holt series. miscellany latte machine. [laughter] this dahlin dear stein. this is a whole theme. continuation. >>he tempest in a teapot. melissa: this could be a big meback for j.c. penney. i love your idea.
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pat and that. don'call in, they will make you the new ceo, and you don't want that job. don't do that. next story, the hamptons, one of e most sought after and coveted places around, and the pined season -- the time season for renting as beautiful homes has arrived. this year it comes with some big dollar signs. brokers are estimating half a dozen homes are renng for about a million dollars. just for this summer, to break that down, that is $9,803 a day. 800 -- i'm sorry, $408 per hour. does this surprise you? >> as if the hamptons could not get more obnoxious. the people who rent homes like that of a once a cut in front of you on the b a line or in t deli line out there i have bee there. i don't go any more. melissa: they don't eat bagels. >> oh, yes they do. yeshey do. they are cutting right and left. melissa: they have chefs. the chefs are cut in <
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>> they go out and get their little cfee. lissa: what do y think? do you have a home that is $9,803 today? >> i d't, but if i did for -- melissa: you wouldet the teapot? >> in the know it's been the next two weeks and nike of furnishing it at 20 pallets of furniture. someone be over. >> y drive for two hours to sit a someone's house. melissa: they don't. they take a helicopter. up next, think your password is safe? think again. an experiment, 18 of hacrs successfully figured out 90 percent of more than 60,000 passwords and less than an hour, and that eeen include a 16-character passwords. do you think your pass received? no. >> different ways. >> a terrifying story that they could crack. in less than an hour holy mackerel. melissa: why do we even he
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passwords then? was the point? >> true. and listen, these guys are pretty smart. they managed to crack 90% to then, ofhe passwords. over 16,000 passwords. these re not easy passwords. extremely complicad. >> if you make up a pass or that someone cannot cracky have absolutely no hope of remembering it, so whats the point. l rig. next one, so check that out. that is an extreme sport stars setting a record-breaking dive wow. look at that. jumping offf the north face. oh, m gosh, of mount everest. a jump that took two years to prepare, four days to climb the north face of everest, all four ok at that. >> it was rlly all inspiring. this is the same nig that jumped into an active volcano in the far east and is also leapt
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from a big mountain in the antarctic and the himalayas, so he has been doing it, but to jump into an active volcano. melissa: havou jump into an active volcano?3 does is spew you back out? county you jump io an active volcano? i don't get it. did you bring any answers? >> i am curious as to why rebel seems to have an extraordinary amou of disposable marketing dollars that anybody that some straw high place they feel compeld -- compelled to sponsor. melissa:f those is disposable. thiseems like a very clever way to spend marketing dollars. more work on the active volcano. >> it is a developing story. melissa: 70 you feel about the craze. i did not know this. a gun that hybri because you don't have enough oil in your body alrdy. one partcular bakery in new york city is selli these tasty
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treats. theyey have now become so populr that there's a line of the door everyday debt snag the daily make. now, on. only in new york scalpers are king advantage in selling among craigslist for $40 each, that includes delivery, i would pe. i don't know where to start. would you pay $40? there has to be a service charge and probably tax and all of it. >> i would pay substantially more. the combination of dough, sugar, and butteall melded together in a variety of flavors. it's pretty good. melissa: wouldn't you just vomit? this seems like a lot to digt. >> you know what i would do, i would p $10 to buy a box of eclair and put plays on them and sellhem to the gentleman. melissa: maybe that is what is happening.
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had we know they are authentic. this is somebody out there? >> the fraudulent scandal. melissa: it could be. so, last one. imaginbeing able to get a massage at work. a report by bank of america says 31% of small businesses provide extra speci amenities like massages and healthy snas. do we think this is cost-effective? ssa: ts has been going on for really long time. they cannot afford expensive health coverage sonstead we will give you a massage or healthy snack. i think it is a great idea. melissa: really? >> i would rather have a massage lissa: what do you think? >> that wou be very happy. melissa: you would much rather have that. a massage. >> and i'm done. take away my vacion. melissa: why don't we get massages your? >> i don't know. we should definitely work on that. melissa: thanks.
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you guys were fantastic. that is all the "money" we have today. u will see you back here at the se time tomorrow. here comes the -- "the willis report" next. report" next. the followings a paid advertisement for starvista entertainment and time life's video collection. ♪ one day at a time, sweet jesus ♪ bill gaither's homecoming concerts have brought us songs of hope and inspiration. ♪ell, it's houtin' time in heaven ♪ ♪ a sinner once lost is found ross america... and around theorld, millions have experienced these timeless songs that celebrate our faith. ♪ turn your radion [turn your radio on] ♪ and now the greatest gaither gospel performances ever are all together on dvd for the very first time. ♪ oh, he touched me
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