tv MONEY With Melissa Francis FOX Business June 19, 2013 12:00am-1:01am EDT
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they can be honored,here has to be some give and take. neil: mess, thank you all. we will see you tomorrow. barnee asking questions. david: we have a lot of -- melissa: i'm melsa francis and here's what's "money" tonight. what do high-priced cars and jewelry have in common? they'r're soaring demand could e a dire signfr the markets. plus, would you buy a failing companyust to get its employees? yahoo!'s marisa mayer may be doing that twice. t hero-called aqua hiring could creature moylee atahoo! we'll tell you why. "who made money today"? a hin they're seeing nhing but green on their tv sets rig w. n't fire it out? keep watching. we'll tell you w it is. even when they say it's not it is always about mey.
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>> in rece years, these programs together with other intelligence have protected the u.s. and our allies from terrorist threats across the globe to include helping to prevenent potential terrorist eventsver 50 times since 9/11. >> nsa utilizing 702 authority was monitoring a known extremist yemen. is iividual was in contact with an individual inhe unitt stat named khad owazani. he and other individuals that we identified throu a fisa that the f applied for tough the fisc, were able to detect naentlotting to bomb the new york stock exchange. meliss top government officials defending the nsa's controversial surillance programs in washington today. as youust heard, nsa direct-general keith alexander says, the program helped stop more than 50 terror acts but it is not totally clear whether these types of sweeping
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surveillance programs ar necessary to keep our coury safe. what kind of an impact cululd an atck on e new york stock exchange have on the economy? joining me now is former nsa offici colonel cedric layton. welcome back to the show. >>y pleasure, melissa. melissa: on the positive side reaction to today's hearing sort of across the board w that this certainly seemed up fnt, more profeional, more prepared than thearade of jokers we saw coming out t testify on behalf of the irs or any oth hearings. this had much more official, much more researched feel tooit, would you agree with that? >> o absolutely and when you lookok at the relationship nsa s had with the congressional oveesight committee such as the house coittee where tis hearing was today an the senate intelligence committee, i'll tell you from my psonal experience as well as what i s today it was absolutely the mos% professional hearing. it was very much to the point. it got a lst questions answered
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and, really an exale how these kind o activities can be examined through congressional oversight and something i think americans are hopefully proud of at this point. melissa: there w no sarcastii remarks,hy did you have to go to the w whi house 150 some odd times, whatever the aunt is, nothing abouthe easter egg roll. >> right. melissa: on the fpside wh they're sitting there talking about having foiled 50 attacks and u drill down on details what isctually being sd, it was not clear to me from the testimony that t ppogram was directly responsible. i mean for sure not sely responsible for havinghose attacks not happen. at best iteemed like in a lost case it is was a seconda source for som type of confirmmation. your thoughts onhat? >> well that may be true many of th cases. i think that they're ting to be very cautious with how much success the ascribe to these two programs, the internet
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rveillance one and the one that deals with phone numbers. so they have to be very cautious d que frankly, melissa, when you look at th way in which intelligce isieced together, it is basically putting a jigsaw puzzle tether. there are different pieces that have different sourc. so if you think of the jigsaw zzle coming fm different boxes, different piesg intelligence is put tooether. anth's where one box may very well be part of these activities. melissa: yeah. >> but another box may just be an average citizen on the street ticing sething and saying mething about it. >> but here is the problem for the average citizen out there. they aresked to have a tremendo aunt of trust, that the government i going to cast this very large net and they weret going to abuse it. that they will collect this data and sit on it and only go back to it if they have a good reason to g back and look at it. the flip side of it, you are hearing at the exact same time about, you know, what hpened to james rosen, what happened to
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the ap, to the government using their authoty to overe and look in and get recos from people. so we're seeing, you know, poteially abe on one ha and then onhe other hande're being told we needhis in order to be safe. what kin of case does nsa ve to make to the american public to make them feel better, do you think? >> i think they're beginng to make that case. clrly there are certainly mingas one of the worst possible in thee history of thee lo a the james rosen case andyou the ap case, those were oth arms of government allegedly that did this, that were involved in this and, nsa very specifically, you know, and i canl you from mywn personal experience was not involved in any of those cases. so when you exten that argument you have to ok at the oversight mechanisms that are in place in all these different areas ad perhaps wha vernment ageies need to do,
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othe government aencies besides nsa is take a look how nsa does this kind of oversight and use that as model for their own internaloversight mechanisms. th might be a step in the right dirececti. because th nsa operate in very apolitil, nonpartisan shion. that is precisely what is required of all thesether entities in government. melissa: its, seems like to the government that is not what is goingn. torust one agency to b nparsan when you've seen others that seem to on the surface from the edence we've seen so far have gone in the other direction itsardor the american plic to say this one deserves my trust, this one don't. i n't know, it is an interesting discussion. we'll definily be continuing it. colonel, thanks for coming on e show. we definitely appreciate your time. >> my pleasure, melsa. melissa::tim for today's fuel gaug report. crude didn't just settle at its highest level this year but the highest i nine months. it e ended session, wow, look at that 98.44 a barrel.
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we're bucking 100 again. how did that happen? a big natural gas pipeline being proposeed in north dakota, according to platts. it would run from the bakken shale region to east north dakota. sources say the pjectould costp to $700 million and give a boost to manufacring jobs. chevron slicing its assets in nigeria. it is selli its stake in the area with neay 250 million bears of crude reserve. this follows asset sales by oil giants shell and conocophillips. nigeria's governments pressing for mow you've more domestic ownership of their oind natural gas. they're getti their way. colling up on "money," want to know what i next for stock look up. how a boom in skyscraper construcon could be an early warninsign to sell. we'll ll you why. we'll argue both sides. you have to see i to decide for yoself. plus you think a 95-year-old getting workers disability might
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♪ melissa: whether it is on wall street or main street here is who made money today. anyone who owned sony along with daniel lobe,eo of 3-point. his share has risen t 7%. he is pushing sony tohrine off the entertainment divisn. danielobe controls 70 million shares of sony. that means that he made a one-day gain of 4 #.6illi. not bad for a day's work. --47.6 million. not bad for a day's work. >>nothing brings hom the bacon likeamburgers. it is shutting down 67 of hits mexican grillso focus on the core biness. investors are happy with news. ja in the box shares rose 5%. hoping to make money on transparcy. is starbucks. ignorancwill noongere
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blissith cappcino. starting next week they will post calie counts for every em on the menu. e move affects all 1000 u.s. cations. brace yourselves for one rude awakening. heret comes. can the spending habits of the s super-rich predict mket some behavioral economistthink yes ut it is not intuitive as you might think. the theory goes people make bad decisions at momts of great fear and also great optimism. when youee t wealthy dropping big bucks on expensive art and cars, it cld be an indicator th markets are about to tank. some s that is what is happening right now. sohe big questio is, does the hypothesis hold true? should you be making investment decis based on this? here to answer the questio is peter at water, aehavioral economisand autho of the book, "moods in the markets." also jonathan hoenig a hedge nd mager and fox news contributor.
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welcome to both of you. >> thankou. >> thank you, melissa. melissa: peter, let me start with you, lay out t evidenc om rht now the irrationa behavior that is supposedly going on. some recent examples thare out there. astin martin fet as recor4. # 5 million at anucon in 85 million. it seems like a lot for a car. christie's set 3 record in may, 37 record amounts. more than one a day. luxury vacation firm, abercrombie and kent, they sold ou their african safari touour this is particularry opule. chart ear second jet and do a second round because everyone want to do it. thiss in theory a sampl of excess going going o right now. ter what doou think. i'm a sociomistt.
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melissa: i hd i heardhat. robert precto row.lied from hoe fos did the wave. what i look for examples are of overconfiden. i don't care whathe stor is, people baving in exuberant way, committing capiial, borrowing money, doing thgs that just show that it's good today but it will be evee better torrow. melissa: yeah. >> what i see right now is the very high-end, which typically is the group that has so benefitefrom this bernanke-induced ctral bank liquidy frenzied recovery. melissa: right. >> theyre behingn an% extraordinary way. melissa: s he, yes it does qualify? the stuff i i've seen lately you think qualifies as that irtional exuberance? >> absolutely. melissa: okay. >>articularly the pencil-thin
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buildings going p in every neighborhood in ne york. melissa: we'll get to thatn a second. jonathan, let get reaction to what you heard so far. you agree with theorynd is there eviden out there? >> i definitely agree with the ideas behind behavioral fance. you alluded in intro, looking for eremes in market sentiment. either extreme greed or extreme fear. melissa: right. >> more often applied to te broad public notor the per-rich. dropping mlion on a car is not that big of a deal. a more telling indicator are not investing.e are buying with covered many times, missa, the rich and not so rich, are ill relatively conservative invested. they're not overweit a heavy intocks in '9r ral estate as in 200 so i don't think we'rehere. meliss that is interesting point of view. ter oughup theuildings that is another one we thought of o on our own. this sort of skyscrape index. if you look in the past,hat i
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wanted to do is go bk and see has this beenight in the past thht we've sn great excess at the time the market is to fal from theiggestuildin, woworth building, construction began in 1910. woul behe world's tallest building. the d lost 18% in theanic of 10 just after breaking ground. look at empire state buildg. construction began in 1930. would be the nation's tallest buding. the nation sunko a great depression durin the construction of this building. once ain, chicago spipire, junue of 2007. we know at hpened. it would be the nation's tallest building again. estate in stock market peaked the same week tha construction began. the project has since been abandoned. frighteningly right now we've recently seen an article about this we had to go back a look it up. there w only one billi dollar building between 2008 and 2012. now all of sudden tre are three and they're all in
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manhattan. duri that period otime the billn dollar builng between 08 and 12ad gone away. now all of a sudden there are threof them. what do you think, peter? >> $2.billion of real estate being p put on park avenue tod. you know, you look at the world trade center. it was another example in the late, you kno le '60s,,3 early 70's. same kind of phenomenon. build monuments too ourselves at the top and skyscrapers are just a great example of it. melissa: jonathan, wait, jonathan. hang on. hang on. you had a great point.. i don't want to runut of time. the bfett index. that is one you broughtp this is a great counterpoint. the ount of money people are llinto invest or throw away -@depending on your perspectiie, having lunch with warren buffett. this year it went f a million dollars. that was, which sound like a lot of money but it's a huge drop-off compared to last year and e prious years. you look at 2011, it was
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2.6 million. 2010, same thin all the way back to 2009, was still higr th i isow. jonathan, do youhink this is a sign that people re getting more rational and maybe we're not jumping off a cff >> liz i lived through 1999 thi no 1999. if it was youould see all-time hifor lunch witwarren buffett orinner witwarren buett. we're not seng that. again 're seeing the public, and even ultrarich still relatively cautious when i comes to their investments and with their money. tell you briefly on the skysaper index, only applies to when the world's tallest building is being built. last world's tallest building was built in 2010n the united arab emirates. no doubt that beg a tee-year major downturn for the market. mayb we need to build the world' tallest building ain 'll get bearish. i'm not there yet. melissa:eter, will give you the final word. i want you to tell me once and for all, is this a top in the market? peter, just looking at the behavior of peopl wou you get
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out right now? >> would. "the london telegraph" announcing that london is looking at new world record tall building bei bltn t city of london. toe, nothing says we're at the top than when people want to put a shol to the ground. melissa: all right, guys. that was fun. thank you so much for coming on. we'll see who is right. we'll play it back later. switching gears now, to more of our money being wasted at a time when no one can afford it, reports of widespread dability fraud by federal worke, taxpayers like you and me collectivelyay billions every year just so the guys can llect money on a bogus injury. x news's doug mackel way has more on this. doug, what is going on here? >> well, you kw, melissa, is is a problem that could oly have happene or could not happen with any successful company with the private second or stat government because there are checks and bance to protect faud and they are weak and seldo enforce with the
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federal government. the price is right. she raised her arms high to spin thbig wheel on "the pri is right, federal worker kathy cash well mahaveealed her fate. she was for five years on federal government disability, unable to stand, sit, seat, rise, grasper claim stated. armed with tv video they filed charge she pleaded guilty to fraud and is awaiting sentence. >> more workers m maa take-home pay going on disability than if they stayed on t job. >> an investigati byhe "washington examiner" documents many cases of apparently healthy young federal workers feasting at disability trough. one ran mhons while collecting disality. anotr hauled in $142,000 in does ability payments for a next injury while buying a boat called free ride, traveling the world and doing trapeze fli on club med vacation and enjoying snowkiing a scuba ding. 15,000 recipients are 66 years old orlder.
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some six are over the age of 100,. fica where the federal disality proam is run, lax controls that state or priva sector perps have. >> state plans have much stronger antifraud provisions th federal government's antifraud provisions are basically, we trt the worker to tl us the t. >> under such a system, disality amounts t a lucrative retirement plan t pays 75% of the wages for most recipients and it is tax-fre byomrison, federal retirement pay amounts to only 60% the wages and it is taxed. the federal governmt has little incentive to cracks down, funding for all agencies, $3 billion a year is automatically appropriated and run throughhe department of lar. the u.s. post service with its legis of letter carriersops the list of federal disability claims at 40%. in a statement to fox news the postal service's inspector general says workers comp has become an unintended retiremen system.
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the lab department is not addresng these abuse and has no incentive to strike at fraud. reform is needed. complicating effective oversight the federal ogm does not require employing agencies to der a second opinion. the claimant can pick his own doctor if his claim isejected he can file for a different disability asftens he likes. nator susan collins of mine has been at theorefront o pushing t close that loophol >> i'm outraged that a program that is intended to prode financial, medical, and rehabilitation support to injured workers instead is plagued with fraud and abuse. >> in a statement the department of lbor today told fo news it is quote, strongly committed to program integrity. we dagree with i's assessment that the rate aud the fica progm is high but we cside any amount of fraud or improper paymentso be unacceptable. a lawyer who presen federal woerin disabilit cases defended t program, quote. everyederal worker pays into the fica proam and these who
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become disabled are getting benefits from the systetem they paidnto while they serve. he adds vast majorityf feder workerseceiving benefitsre getting them legimately. the private sector has its own problems wh disility claims. they have tried sce the year 1980 the aging of the workforce and recession explain much of thatut so does aider latitude in the diagnosis of depression and anxiety, three tis as many americans claim mental disily as they did 30 years ago. melissa. messa: wow, that was really irritating story. it is betr to know than not to know. we can't affo to put our heads in the sand. doug, thank you very much for that report. >> well-put, melissa. mess up next on "money," a group of 711 owns turn their stores into quote, a modn plantation system. how do they pull off such braze fraud and identity theft will legal immigrant we'll follow the money. yahoo!'s marisa mayer may by
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♪ melissa: so it is being lld the modern day plantatn stem. federal authorities have seized 14 stores iew -- virgiiia. franchise owners are facing seriousrges of waste left end use of faulty social security numbers and more of t largest crimin ever granted. investigions ever. with me now is foer federal prosecutoroug burns, look bk tohe show. >> thank you. melissa: this is an iredible story for a number of reasons. on is the spe.
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there are just so many sres that are involved. tell me exactly what was going on. >> havbeen in a couple of these casesn both sides of court as a prosecur and defense lawyer in the mall with the same judge basically this scheme -- is out right complicated,ut you boy tdown. they areunningleven, hire illegal alis, then use legitimate social security numbers of other people and use the social security number that is real, associated with a particular employee. w, is a franchise. the main coany is processing a barrel. they issued a paycck for t real worker. they intercepted the franchise owner. its $500 then pay a worker a fraction. in a show the home of one o the franchise owner the was involv, living very opulentl nodea what commissions is peop living in. and stand at the cas came to light because into for wke
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francis@xbusiness.com -- in two differt cases of wkers went to the police and said i am working in did n receive any wage it had to take a lot. >> you just made a gre p. e of the essens of the scheme like is is it getting them to come forward. melissa: of ththin that are amazing to me and that this case no one at 7-eleven cooratheadquarters got this and that system, eloyees ung essential security number. right there if they notice that they were paying t multipl ople und the same number, no cuts in the stem. >> you can argue that both ways demand will. the first i your way which is ridiculous how they did not catch it. some kind of out rthr computer program. th reverse is, and all of society where he hd complicated bureaucracies, whether government corporation. melissa: i don't care about that
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>> said that an excuse. kendis telling you whyt happened. melissa: my other question to mi waseven somewhere talng about illegaimmigrants being a legal wages. money was paid intoocial security. where is that now? we don't know. messa: money went to social security that is n going into someone's account. to thapersonhe credit? there were pay money into of social security. the same. is not belong tonyone. lets return this money. >> some residual accounts. on the side. melissa: i don't want tout it the side. want to know what happens. >> i prosecutedases where the husband di and she receives a check and continues.
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in that case not to pay back restitutio but in the coue of my travelsn most cases i also learned that social security sometimes has the funds they cannot specifically identify and they puthe pen -- melissa: what happens? >> the use it as a reserve for efficient. you ask an even better question, the user id theft and tug t legitimate joe blow security numb. no, those in the person has y on account follow me. melissa: i'm running the show. it's confusing. %-money whent hapns to that it goes into the account of the person who was sexlly the employee? is theuestion. it's being in pate to evaporated to someone's account. >> directly a realerson has that money in the name, b his
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that their money. that say they sal my social security number and then pay an illegal aliee. they deduct money againsty social security number, and now it is on rrserve. melissa: on reserve means -- >> person whose nbe that is affiliate with and they will say, you have this money and social secity. and then they say, i never worked. mess and reserve means social security keeps it and use it for what they want to know what that is a question for other type. thank you for coming on. thank you r coming on. next on "money," why would bar some fire want t buy two family start-ups? for the talent, naturally. well her hiringtrategy cause a bigger problems one venture capitalist says yes, and he is here with the detai. plus, is there really no such thing as bad publicity? under armor flash logo plays bake in a helicopterescu you can see it right there.
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hours expecting third quarter earnings topping expectations. reing strong gwth for creative cloud oigatns. so it looks like yahoo ceo has a new trick upper sleeve after some high-profile auisitions, namely tumbler which youngho boug for a cool billion. reportedly in talks to buy it to fail start-ups. it is called acqui-hiring. you must the words togetr and try and say it. e idea is to basically buy the talenttse companies. not everyone is on board with this strategy. venture-capital st says it will din morales from existing employees and sd thente company down the wrong path mark the two companies said she is looking at. they're is a lot of speculation. the first is zombie.
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u pnted that out. did not even get it from looking at it. might be 30 to40 million. the company makes address book applications which does not sound that exciting, but they couldrovide workers the woodwork on the mobile veron. gooduisiiion, bad acquisition, weird acquisition? >> l me first sayhat i don't want to call the ofailed start up. it is an incredibly good engineering team. >> they're not making a lot of moy. melissa: are they going to go on the business because they cannot generate arofit? i don't know. melissa: tt is where the failure comes from. great idea and marketing and buys, but if you do not eventuallyake money- @% i'm going to put a positive spin on this. they have not yet become enormously successful, but i want to tell you that the leaders used to workingahoo. incredibly tald engineers, and that the debt is the key. incredibly talented engineers to
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work there before and are likely this day after the acquisition. melissa: $50 million. technology that rns into video. i don't know why i need my web search to be a video. might usehem to makeheir search rults page look better. will this be eventually profitable? would this be a good bailout? >> my feeling is morriso has laid out the case that she wants to be a mobile firsompany meaniig they want great mobile engineers because wenow that traffic is incasingly becoming mobile. and what they're really after is engineers you could buildreat mobile apps. what usually happe is they shut down theroduct. melissa: and they keep the people on n board which is where the phrase acqqi-hiring -- it sounds like there is water involvnd everyone is swimming while they're buying the company, b that is where it is comingrom. basically paying a million dollars an engineer to get this talent on board.
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ok. maybe that worth it. great point of what it means. why this could undermine people who have been working there faithfly to make weekenddto the evenings, year in europe. thships are deadline set the death march into the enches. these oer resurrected the regular people. they're coming and sitting next to you. they made a million dollars. do a startup. get some angel money get urself a big day monday competition, will the press. re legions of impssionable people and com back and sell the company. sounds like at least one of these companies that is exactly what hapned. now they're going to sell it back. the pele thareally stuck it out, they're goingo say thanks lot. y am i herelaving? >> obviously i said all of that tongue-in-eek. it used t be a milon dollars
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per eineer. what the rumor is, yes who is now saying it will tke 2 million. ink it comes down to three things. number one is, if your the person who is in the trenches, six months in a row and then turn out this 16 year-old kid from england to sells the company to you f $30 million shut down next week. the sort of have to ask yourself, do i feel mivated? secondarily, that sends message to meet. if i really believe in myself and and talented e message you're sending to me isuite and go do a start up. melissa: is that danger is? >> of course because if you hired n people and 1walk out the doo and mos of these don't work in the e see reallyntellectual property added melissa: 80 for coming on. good sff. coming up on "money," you have for thisnd no publicity is bad publicity. under armor helps save the day in a helicopter rescue. the bnding c doorehan
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♪ melissa: they s any publicity is good publicity, butthat is notlway the case. over t weekend to teenage boys get stuck up almt 9,000 feet in the air after they made a dari i'll be down decision declined to the top of a clipping cifornia. theideo of the nauating narrow ledge and a helicopter rescue straight out of the movies are the only images the standout. look a that logo. you cannot miss it. free adversing, but is it necessaril good pr? marketing group route joing me now. what is your take? >> said think this is great advertising for under armor. you ow, bad coverage -- coverage of a bad event does not equate t bad coverage. these kids are heroes. under armor is right there. melissa: i don't know how you see them aseroes.
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under armor is abouough, smart, athletes and know what they're dng. these kids that like cats that crawled up the wrong tree. look athem pered on a led. i mean, if they were my kids i would murr them. there way up on this legend say, we kept climbing and climbing and wanted to take a good cture and then realized there was no way down. so i don know that these are the people that i where my product. come on. go do somethi dumb. >> he said the right thing. climbing and climbing loong to take a great picture. for millennlism these kids it has to be posed for the. nothing matters unless they can put it on faceboo they can. and as far as under armor is concerned, nine dozen feet up, 30 mileser-hour wind. tt the of the kids gee pothermia? this is not i t thi ceo shoul pay for the rescue. e should sponsor it.
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melissa: if i do something stupid want to wromething highly reflective so that they can find me. let me give you another example. leme try anoer o. what about the lockerbie jet bombing incident when one of the planners -- one of the people that had been convicted of the 1988 lockerbie bombing gotff the plane to come home and it was in libya, greeted like a hero, got off the plane and is wearing and ne cap. look at that. and you see the logo as he is coming down. and thiss somebody, you know, that so many people are furious with. is there any good case you can make at of this one? >> t are cringing on tt one. we know is alobal brand, and you will blame the company of someone ooses to whether a product. nothing gd came of that one. that was advertising, notood, bad.
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melissa: how would you control that if you were inhat situation? t as far away as you possibly can? >> exactly right. no one will assume that have squeezed the guys said too tight. nothing will com out o it. however, that is the kind of ing that when you say nothing you don get invved and can ve that ooe. you just let i go. melissa: thanks you so much. ourey question of the day. goodr bad? the majy of youaid it is bad. he is disagreeing. he is tryingo meet of the television s right now. once a year from more of you. follow me on twitter. club next on "money," if you're spenng tens of millions of youronoplane , t broure better be le to fly. details on the private jet taking s high luxury to new heights.
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okay, so first story, unknownst to most passengers, these ped-cabi can cart almost twice as much as a taxi. the driver said that heas victimzed for hving his name in the press after a 425-dollllr pe-cabi ride. >> he was oughto trial because he tacked on $42.50. that is against the law and you cannot add a tax toa pedi-cabi. yet atinysign that says that every person that gets they katanas $100 a piece. and he said that i'm not going to give you a hundred dollars
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each beyond if yo ar new yoer, you nve get into anything without saying what is this gng to cost me. you wouldn't hop in and fid out what was ing across your after-the-fact. >> a lotf peopleon know. theydont realize you could walkhose 1foster friess. >> that is an hour or two in a stretch limo plus champagne. >> i don't even kno. melissa: $100 perperson. who uld ever pay that? >> no one would ever pay that. no one in their right mind. melia: this seems really dangerous. >> an exorbitant aunt of money and you're taking your lifeinto yourhand melissa: i'm sure that bloberg loves him. ving on from a good marketing technique.
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a catag for one of the largest airplane manufturersn the rld. yes,it is showing off a new private jet that the company has desied. can u imagine e money they spent on this? what does a catalog like this cost? >> i don't know how much thi particular thing cos, but they said it is designed to look like a coffee table book. this is the luxury market aea so it is not like they are passing out to jut verybody. melissa: did you get one? [applause] >> no, i did not. >> in the 80s there wa a crcrazy about superconductivity. ey areot using superconductivity, but i thik a bettdea woulde been a catalog that was brought to you by jerome, one those nic little tiny helicopter guys.
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>> if they fly in, they can also ta y out. melia: thats the nerdiest response i've ever heard on "spare hng [laughter] >> okay. do you ever wonder how muchour nations lawmars are aking? the t highest earners are nancy pelosi, 24.4 million, and use jority lear eric cantor. what do think? >> he is making 4.4 million. >> how dare nancypelosi criticize the rich. it ridiculous. >> she is railing against he 1% and she can eat her own hypocrisy he. they have a lot of money, a lot of great investments. so god bless them. but do not attack everyoneelse. lissa: that is a the "money" that we have for you today.
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