tv MONEY With Melissa Francis FOX Business August 24, 2013 12:00am-1:01am EDT
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melissa: i'm melissa francis. here's what's ceo tonight, why the company is dumping spouses from the company health care plan, another huge hurdle for workers everywhere. is your company next? do you know what day it is? it's franchise friday, of course. john and lynn are back with the newest hurdle to opening your own franchise, cutting through the red tape you didn't know existed. it is every owner's reality. member, we are taking you through e pcess step by step so you can open yours. i'm opening mine. plus, who made money today? here's a hint. news of the retirement looking good on the surfe, and shareholders seeing green as a result. not sure? keep watching and find out. even when they say it's not,
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it's always about "money." ♪ we start off tonight with a huge global economic guest ahead of an organization that works with almost every economy in the world, the group, the international monetary fund, calling on groups to em base unconventional policy as the fed prepares to cut back on its policiesment find out from one of the most important monetary leaders how to head off risk associated with just that. peter barnes is in jackson hole, wyoming with a special guest. peter, take it away. >> thank you, melissa. that's right. one of the big issues here, melissa, is how, as the global economy seems to recover, that all of these central banks around the world including the
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fed, start to unwind from all the extradinary programs launchedded in the financial crisis five years ago to try to prevent a global meltdown, a global depression, and try to get the global economy growing again, and there was a speech today begin on this about th unconventional monetary policies, and as policymakers, at the fed and elsewhere, consider how to exit them. you said, i do not suggest a rush to the exit. what do you mean? >> i mean, by that, that why those unconventional mop tea policies can want last forever, there should be enough of recovery, and enough certainty of the recovery before unconventional mop tear policies are withdrawn. i also mean by that that not all of them will have to move at the same time. the fed was the first one to adopt those unconventional monetary policies. it was then followed by the bank of england, by the bank of
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japan, and later by the european central banks, so i'm not suggesting that it will b first-in , first-out, but very likely, and they should not all do it at the same time. >> is that because of the global economic recovery is still fragile, the financial system still fragile? whyshould th continue with these policies to some degree? >> well, the recovery is there, but it is from jig. we are forecasting a 3.1% increase for 2013 and more in 2014, but you can't call it a big massive recovery. added to which the recoveryis certainly stronnger in the u.s. than it is, say, in the eurozone. we forecasting, you know, 1.7% increase in the u.s. this year hen we think that it ill be negative yet again in the eurozone, so there has to be coordination which doesn't mean to see that there will all have to withdrawal and phase out at
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the same time. >> melissa, do you want to follow up on that? melissa: absolutely. in the speech oday, you talked about th risks, the financial risks to stability of exiting too late. everyone's very focused on the risk of exiting too early. what do you see as the risk of exiting too late? >> i think there is a fine balance between the two, ad, clearly, that should be really addressed by central bankers, not only looking at the domestic effects of what they are doing, but also looking at the global effects. it's a bit unusual for them, but it's clearly a case where there has to be coordination and where they should not, you know, continue to flood massively when the economy can pick up, recover, and manage without massive, unconventional monetary policies. melissa: so what would be a risk or downside, extraalty of exiting too late? excessive risk chasing yield or what do you see as the problem
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as a result of staying in too long? >> yeah, realm, you know, it's a clear recipe for unnecessarily risk taking incentives where you have zero interest rates, plus unconventional monetary policy, plus search for yields that would possibly generate asset bubble formations. as we have already begun to see in some markets. melissa: like where? what markets? >> what markets, yeah. >> well, we published this month a study that looks at 13 countries from nonunconventional monetary policy country groups, and i'm including countries such as chili, china, canada, indonesia, and various others, and we are seeing in the markets a massive increase of the credit in the economy, a significant uptake in the securities market, and some clear increase in the
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real estate markets, and that is the case, for instance, in canada or in china, so all of that needs to be monitored carefully on a country by country basis and looking specifically into classes of assets because the way in which the unconventional monetary policy adopted by the fed, for instance, that looks at the lng term end of the yield curve has reprecushions on many assets. >> talking about unconventional monetary policies, you talk about low interest rates for extended periods with gyps to the market and forward guidan and quantitative easing, the big one, the trillions of dollars in bond purchases that the federal reserve has undertaken in the last five years, and it's currently at 85 billion a month, and the big subject of discussion here has been when is
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the fed going to start tapering? it could be as soon as meeting in september. when you said i do no suggesta rush to the exit, you specifically mentioned the europeans and the japanese, but you did not specifically mention the u.s.. what would -- what would you like to see the fed approach its exit when we hear more and more about quantitative easing. >> well, from our perspective, two things matter. number one, the communication. we believe that the fed should try its best to communicate as much as possible with one voice. that's number one. number two, they should be called nation between hat the fed will decide which is what happens at home and in other corners of the world because if the spillover effects of the tapering is such that it
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backfires op the u.s. economy, that's an issue for thee@ policymakers. >> melissa? melissa: how much of backfiring is possible, though, it's impossible to get out without royaling the markets, without sing the stock market gyrate. how do you decide what's debt trimmal to growth and updo what's been done in the exit and what's acceptable? >> what is highly recommended s the use of precise measures and the use of certainty rather than uncertainty and lack of clarity. that will be critical for markets and central bankers to anticipate and get together with other policymakers at home to use tools available. it has to do with how it's coordinated, not driven by the spillover effects, but how it's
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coordinated with other players. melissa: okay. thanks to both of you, we appreciate your time. great information. >> no health care for you. more companies pushing spouses off plans. we'll hear from one ceo and why he says it has to be done. plus, it's franchise friday. get your pads and pens because you are going to hear the real story about the red tape you inevitably tackle if you do this, but if our franchise family can do it, you can too. one step closer to opening your very own. more "money" coming up. more "money" coming up. ♪ at a dry cleaner, more "money" coming up. ♪ we replaced people with a machine. what? customers didn'like it.
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are planning to drop coverage for hundreds of workers' spouses. that move is already being made move elsewhere. here to talk about is is dick rush, ceo of the furniture maker. thank you for coming on the show. how did you make the decision to do ths? >> well, it was a necessary decision. melissa, our company's a little unique, quite different than ups. we're a private company. we're entirely 100% employee owned and we look carefully from top management down to the floor worker on the cost. we want to remain a viable company in the future, so we implemented this, the first year, 2013, that we implemented it. roughly 40% of the spouses were carved out, and now these were people that generally,
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exclusively had other jobs with companies that did have insurance plans, so there's a fairness here as long as they buy insurance from their employee, no reason to substitute their employee for their health care costs. melissa: although,i see the other families, i mean, there's things like deductibles that go if you're on the same insurance plan and a family wide deductible. there's a hardship to having your family on two diffeent plans if you have a spouse. do the employees whose spouses don't work get to stay on all the same plan at your company? do they -- are they resented by the ones who, yo know, husband or wife is kicked off the plan because they work somewhere else? >> no, i don't think there's resentment because we are employee-owned. they understand the necessity of watching our costs, giving them cost effective plans. our company is much -- our
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premiums are much lower than our peers. we're a thousand dollars per family less than peers in wisconsin. melissa: why right now? were you looking in the example of ups, they were told their cost of insurance policy was going to go up 11% next year, and so they had to make some sort of decision about how to pay for that 11%. were you facing an increase year over year that made you decide to do this? >> yes, we were facing an increase, not as large as the other company, but the fact is this is an uncomfortable choice, but the effects of obamacare are so draconian and widespread, we really had no choice. we have to maintain a profitable company, maintain the secrity of our company in our industry, in our economy. melissa: but, you know, when people who don't run a company hear what you just said, they say there are different ways to
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pay for this, and you could raise prices. you could limit the number of employees you have, or you could take it out of your profits. i mean, this is sort of the same argument they have with minimum wage. if you aise a wage, it comes out of the profits. why couldn't you absorb the cost and take home less money yoself in order to p for the health care of the people who work so hard for you? >> because we are in a competitive industry. it's not an option to rise prices at this time. the other options were to cut people out to lower wages, and we don't think those are viable choices that would continue to serve kiol in the future. melissa: would it have -- >> there are no good choices. melissa: do you have enough profit to absorb the cash and less of a profit to pay out to yourself. >> sure, absolutely, not to myself, but to all the employees, absolutely, but there are such things as investments
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in new products, new plants, advertising, shows, ect.. you have to remain a viable company, and there's no way to do that if you increase a particular segment of your cost structure be it health care, be it materials, whatever. melissa: yeah. all right, dick, thank you so much for coming on the show sharing what's going on at your company, a problem that many, many, many companies are dealing with right now. thanks for coming on. >> my pleasure, thank you. melissa: this topic is a big talker this week, and our tom sullivan weighs in take. >> senator ted cruz's popular with the right side of the aisle, running around the country lling the idea to defund obaacare, but is it the smartest way to go? because you saw the story about ups dumping coverage for 15,000 spouses, but ups is not alone. under obamacare, companies who pay a dollar or two per life
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coveredded sees the fee jumping to $65 on january 1st to pay for exchanges and costs ups and extra $1 million annually giving all major employers an incentive to cover the fewest people possible. delta airlines just sent a letter out to its employees that the increased cost of obama care will drive that cost to the airline of $100 million annually. back to ted urk. cruz. he is principled in the efforts, but sometimes when there's a bad idea and can't talk them out of it. what's the expression? give them enough rope, and they hang themselves. if the afford care act is a disaster, don't save the authors of it. back away. people will remember who passed it. melissa: huh, well, catch the show this saturday at 10 p.m. eastern. be sure to watch it. coming up on "money," it's a friday of martyrs inthe streets of egypt today, and the mud limb brotherhood protests the removal.
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the latest there and the scary situation in syria as well. we'll go live to the middle east. plus, it's franchise friday. this week, the blow by blow of the bureaucracy, but you have to watch because it's another step in setting up shop. you have to deal with it. i promise it's going to be worth it. more "money" coming up. ♪
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or death, and both sides are prepared for the worst. going live to jerusalem where leeland is following the situation. what do you think of the fact it's relatively peaceful so far in egypt. do you read into that? >> i think you have to, melissa. look at the fact that egypt changed so much in a week. you realize what's changed, and that is the mass arrests and law in place there right now. the muslim brotherhood's top leadership has all been rounded up, and even the middle manageme is rounded up so the people on the streets just don't have the same fire in the belly that they used to have, and in the past, the brotherhood would turn out hundreds of thousands of people, and now there's barely a couple of thousands of people out on the street chanting today "the coo is terrorism" referring to the army coo that released morsi last month, but there's a firm grp on egypt. there's tanks, personel carriers in the street, arrested much of the brotherhood leadership, in control, really, of the city, and we didn't see the brotherhood gunmen out in
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the past. the army has shoot to kill orders even though they let mubarak be transferred from a military prison to a hospital to await retrial on charges of ordering the killing of protesters back in 20 # 11. that didn't get anybody on the streets. it seems as thoughthe fire on the boiling pot of water is turned down in egypt, and the other side, me melissa, is the issue of the islamic extremists throughout egypt. they won the battle, proteers, the islamic jihadists, well-armed, weapons from libya and also from other parts of the arab spring now,they are ready to fight the army in a much more violent way like kidnapping of tourists, suicide bombings, attacks on military bases, that is what you can expect in the next couple months. melissa: turning to syria. everyone here still recoiling from the horrific pictures we have been seeing.
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anymore insight into what they mean and whether or not they are verified? >> no, still, we don't have any kind of independent vefication. in order to verify a gas attack based on something other than videotape, the stuff we've seen coming out, just horrific from outside of damascus wherethere are hundreds, if not thousands of people killed, dead bodies lined up with no visible signs of trauma, look like they are sleeping, other than they are not. they are dead, clearly dying of suffocation or some type of chemical agent. you need tissue samples from the dead, be able to have doctors examine people who survived or soil samples. so far, we have not gotten those because the syria government has t allowed any of the weapons inspectors, even those in syria to drive the 15 miles from the hotel they are staying at in damascus to the site, and whether the syria government allows that to happen tells us whether they are telling the trutwhether they had nothing
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to do with it or they were set up or perhaps they did it themselves. melissa? melissa: at the same time, president obama said it is a very grave concern, but we have to think through our actions, of course. any thoughts on what th u.s. response is going to be? >> well, that's the question going forwd. what's it mean when you cross a red line that the united states laid down? conceivably, syria crossed it. the u.s. had evidence that toxic gas was used by t syria government. the problem is in syria that it's easy to start something and increasingly difficult to end it, especially given russian's air defense system in there nd also president assad is extremely well armed, shows ability to hang on for two years, and what do you do if you don't put boots on the ground, which the administration is not willing to do. easier to launch air raids, harder to stop it. you have to worry about who takes over. right now, inside syria, it's a mess.
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rebels are disorganized, al-qaeda is running the rebels. last thing you want is assad out and have another yemen on israel's border. melissa: thanks so much for the report. tough stuff. all right, up next on "money," turning to lighter topics. prepare for franchise friday. find out first hand why it's not all fun, but it's all totally worth it. it's the next phase in opening your own franchise. taking you step by step. plus, who made money today? one ceo on the way out, leaving a window of opportunity for the company putting millions in the pocket. we're going to tell you who it is, but lately, you guys guess them on twitter. you know the answer. piles of "money" coming up. ♪
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♪ melissa: tgi franchise friday. as you know, every week on "money," we follow the franchise family to get the firsthand accounts of the entire process from the very beginning. also, you can learn the real ins and outs of getting in the franchise game. opening a franchise, i tell you, has been a eam of mine. this is close as you and i can get to finding out exactly what it takes and how to do it without spending our money first. i want to welcome back subway franchise owner, an a franchise newbie on the phone. welcome to you. >> thank you. melissa: i was sad to miss it. lynn, starting with you. when we last off last week, you were hunting for the perfect location. where's that stand? you hit a red tape hudle? >> caller: well, it's exciting, melissa. we probably landed the first franchise, doing it in freehold,
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new jersey, but right now, the red tape is more with, like, the lawyers for the lease, so that went into attorney review, and that's, like, worse than a mortgage. i never expected -- melissa: how is that possible? everyone is trying to get a mortgage. that is absolutely impossible. how is it worse than a mortgage and the lawyer is going through the lease? that sounds expensive. >> caller: it is, but it's just like reading all the legal stuff, and it goes from point this to that, and that's why it's an attorney review, and so when we get back from vacation next week, we'll meet with the attorney and hopefully everything's fine. melissa: john, you have advice; right you say there's a lot of things, red tape-wise, you have to ook at when you think about finding that lease. >> definitely. before you sign the lease and start ommencement, do yourdue diligence before hand. melissa: like what? >> to ensure there's no open violations from previous owner operators in the space or the lain lrd has nothing hidden. melissa: how? go to the city, building --
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>> get a architect. they can a test and pull up anything that might be underneath, hidden. melissa: before you sign the lease? >> right, correct, because -- melissa: when you sign, the clock is ticking? >> exactly. now you have to clear violations in order now get your permits and bill outgoing. melissa: wow, and it's up toyou to fix it, them, how does it work once you sign the lease? what's it mean? >> that's a gray area righ there. don't sign unless you know what you're getting into because is it the landlord or you, you know? melissa: they could be hesitant to give the money before signing, but you say it's a mistake? smarter to spend money before you get into the location and realize what's going on. lynn, so, once the lawyers okay the lease, then where do you go from there? >> caller: them we're going down to the town, and you have to file or permits.
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that's one permit to file for for, like, $35, and you have to do a sketch of the previous existing place that you're looking at, takes about ten days get back, and after that, then you have to go and get a zoning permit, which is about $250, and hey actually walk in, and they look to see if you are, you know,xit signs are in, if your fire hydrants are in, like, and different thing, and they point out what is passed, what's not passing, and then you have to have them come back and do, you know, send in architecture plans, a whole process that i just started learning that, actually, on tuesday, before we started our vacation on wednesday. melissa: this is not the fun i imagined preparing in opening my franchise. how long do you think it's going to be before you get the doors open and i can get my delicious grilled cheese and tomato soup? >> caller: well, i hope, if everything goes as planned, you should be able to be at the location within two and a half months, and you could have your
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delicious donut. melissa: had one on set, unbelievably good. john, is that realistic? how far away do you think? >> there's always bumps, and things unforeseen that come up in the build ot and construction phase. tack on another month. melissa: month beyond what she said? three and a half months away? >> definitely. melissa: we'll have to write it down. how is subway? >> doing well. melissa: did you bring me anything? i need more cookies. >> next week, promise melissa: what's new? >> trying to grow the catering business now. last week, we did an event at chelsea piers so we just signed palee and traveling with him promoting brand. melissa: how does that tie in? >> so we cater events he went to in new york city here. melissa: why? there's a million between here
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and manhattan. how? >> we had a good proximity, and he knew that, you know, we're a good owner-operator to deliver on time and ensure it's a seamless process. melissa: one of the benefits of getting along well with the franchiser? yeah, no, could be backwards. >> could be anybody, really could, all depends on the site of the event, could be any franchise. melissa: lynn, what's left for you before you start staffing up because that was kind of where we were driving next, hiring people. i'm not sure you're that close to hiring yet? >> caller: no, actually, the next thing, if it goes through with the lease, the permits, then we're going to be going out for training for two weeks over in -- actually, out in cincinnati for two weeks, and then when we're done training, we come back and hiring and interviewing, but in the process, as we work on location, we'll have signs up in the window that we are, you know, taking applications so that's a little bit a step so we get, you know, ahead of the gam.
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melissa: lynn, you're more party than i am. if this was my franchise, i would be frustrated with how long it's taki. you watch the money go out and still a ways off u from taking money in, how do you do it? >> caller: well, i have my business, my husband runs his, you know, business,so we have money coming in, but it's the gratification of what becomes when we open up and build the bran across central new jersey. melissa: how do you have time fothis if you do the other things to help you make money? >> caller: multitasking. it's crazy. melissa: hard worker, not sleeping a lot. john, what's left for you? what's going on right now. >> well, for us, i guess -- melissa: with the newest location. have you started hiring there? >> yeah, hiring, pretty much set, but, you know, for lynn, i would say, for examle, you know, right before building out, get a sign up so, you know, let people know and get people excited. melissa: a sign up saying she's
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hiring or coming? >> coming soon and hiring, get people in the community excited to use all the channels, schools, whatnot, to get people. melissa: sign the least before the sign, though. >> exactly. melissa: guys, thank you so much for checking in. love it. catch next week's franchise friday on how to start staffing up. there's great advice for her on that because you've done a lot. i love it, franchise friday, nice. because we love franchise fridays, our it's "money" question of the day. i butchered that. stay with me. what do you think is the hardest part ofcutting through red tape? what do you think it would be? one facebook fan said, regulation, taxes, obamacare. i'm not sure you're the only one who thinks that. a lot do. we want to hear more. follow me on twitter @melissaafrancis. a new scandal in the bernie madoff scandal?
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melissa: the rumors, secrets, behind the sces gossip. if that's what you want, well, you're in the right place because we have it all on "money," and today, everyone is talking about the shocking new allegations tied to bernie madoff and the upcoming trial of the five of the former employees. bomb shell court documents reveal all b one of the workers were in on a romantic an/or sexual relationships with each other, a ove triangle, including madoff himself. they are asking for details. i bet.
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it's all the word on wall street. here with the salacious scoop -- can't get through it without laughing. adam, you apparently have salacious scoo as well? wow. you know, when you hear this story, you sort of cringe. >> it's a visual you don't need, bernie madoff, right. melissa: what's the point of bringing it out now? >> so, what the prosecutors did when they filed their motion which brings up this is they are trying to suppress evidence -- melissa: do you believe that? >> that they want to suppress it? i think they want pressure on the five individuals who come to trial in october and get someone to point the finger at the other. the key player in this is frank and telling prosecutors, look, it's possible that mr. madoff might have had an affair gsh this is hypothetical, with joann, who got in 2008, $2 million from uncle bernie, with which she bought -- >> you are going to ruin people's reputation.
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>> this is a woman though, the problem with her allegeddedly having an affair with bernie is she's a lesbian with a partner and two adopted children. it gets tricky. let the prk speak for itself. it's not an image you want with bernie. melissa: why -- >> it's -- you need a diagram to figure out what the hookups are in this office scenario here, but i -- i guess i might disagreea little. i don't know that it's certain that prosecutors think the sex ane is good for them. i thinkit's possible that -- melissa: how could it be bad for them? >> if their key witness turns out to be someone in a relationship with someone else, another defendant with bern, the love triangle, it could possibly convince a jury to doubt their credibility. i don't know that it's all a plus for the prosecutors. it's possible. they have a very solid case
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forgetng personal relationships in the office, and that's what they want to go with. melissa: go back to why are we talking about this now? it's so far after the fact, but the reason why we're going into this detail is because they are trying to figure out bernie madoff still maintains he did it by himself, and no one had any idea. >> yeah, who believes that? melissa: it would be hard, but so far -- >>five people are coming up for trial in october, and that's not all. i mean, they are still looking at other people in the firm on the 17th floor where this happened, but only two have gone to jail, and only one for the ponzi scheme, and that's bernie. his brother's in jail for other reasons, the best they could do in the prosecution. melissa: do you thinkthis ends in many more people going to jail? do you think that this turns -- >> yes, i think manymore people go to jail. i think these five have a difficult case against them because the number two, frank, ll testify against them. melissa: why has it taken so long then? i mean, this has been going on
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for such a long time. >> well, you know, obviously, they are focused on the civil side trying to recover the money, and that effort's been somewhat uccessful. they got more than half the money back, basically, through the trustee for the process -- >> $11 billion to at a date. >> probably is likely some other people go to jail although it's taken awhile to go to trial. melissa: you talked to, interviewed, e-mailed -- >> he disowned me. he won't talk to me. we went to the prison, wrote up the articles which he threw his four buddies under the bus. they are dead too, conveniently, and he was not happy with the way i wrote the stories, but he does that to everybody who speaks to him. he likes to control everything. melissa: as you followed the story closely, knew so much about it, latest development, shocking to you? >> yes, oh, absolutely.
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this was not, i mean, when this came out, enough to make you hurl. the fact that there was a victim who wrote a book that she alleged to have app affair with bernie madoff, but she was shopping that story to news organizations because she was trying to raise money, so whether you believe that story or not -- excuse me, i get choked up, makes me ill, the thought of bernie having sex [laughter] don't want to rule your meal. melissa: thanks, guys. coming up on "money," a new eye opening way to fly, virgin atlantic with the latest perks having you literally seeing new heights. does it bring in the bucks? that's in spare change. you can never have too much "money." ♪
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♪ melissa: time for a little friday fun with spare change, and we're joined by lloyd weber and phraser. happy friday, you guys. >> happy friday. melissa: thank you for doing this. we're talking about unusual airline perks. i love these. virgin is working on the world's first glass bottomed plain. have you heard about this? they said fliers can view stunning scapes from the seats, and anyone who is scared, could be a t of people, the flit attendants are trained to handle nervous fliers, and it's not the only one offering off beat perks to woo cstomers to woo airlines, a subsidiary,
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designating four rows as child free. apparently, there's a glass barrier between those four and the rest, and -- no, they are not. the european air baltic encourages fliers to betgainst late arrival of the flight, and the winner gets back twice the price of the ticket. seems like a big risk for them. all right. a lot to talk about there. >> yeah. melissa: the glass bottom plane sounds terrifying. >> sir richard branson always says "virgin on the ridiculous." nay have been given ice cubes with its face molded into them recently. you can have a drink with richard branson in there, odd. sounds terrifying for me, and it's been done before. you can see the scenery outside the window. i'd rather do that. melissa: could be cool, but terrifying. would you sign up? >> no, not for anything.
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the richard branson, though, image, is a pr genius. >> yes, he is, yeah. >> terrific pr genius. i think the way -- if the plane is flying low, then the glass bottom plane makes sense, but i'd be treen id. >> yows have to wear payments. melissa: you pay an extra $14 to sit -- if you sit between rows 21 and 25, you can't have kids. what about theperson who paid $14 to sit in row 21, and in 20 is three screaming kids? >> that ll be me. melissa: there's the problem. >> that would be absolutely me, but the plan is a good one, they just have not got it quite right. melissa: always the problem. people talk about, you know, as a parent, i don't want to be
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trapped on aplane with my own screaming child aike on a different plane, but, you know, if you're all in the same cabin, you know, it is a sphere where the echo bouces off. you hear every screaming kid no matter how far back they are, mine -- >> no, no, no, but in principle, it's a good idea. melissa: it only works if the whole plane is kid free. >> great idea. melissa: double the money if the plane is late? that's going to be a loser for the airline. isn't everybody always late? >> well, i think on some levels. there's an absolute outrage, just airlines, again, exploiting consumers. it's not fun. melissa: what do you think? >> i think it's a tough one to do. i mean, airles have such a horrible problem. they are trying to be innovative. everyone hates them. you're on the tarmac, late, and they are trying to do things. richard branson is introducing a comedian on a plane. melissa: not a bad idea. >> the worst idea.
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melissa: whyhy? if they entertain you while you are tortred, that could be the best of the ideas. >> no, here's why. if you don't like the comic, you can't turn him off, and you can't jump. melissa: true. >> there's nothing to do. you have to pray for turbulence. melissa: all right. thanks, guys. next up,ho made money today? a tech titan making millions today reaching the surface of the career. i'll tell you who it is after this. you can never have too much "money." ♪
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of the stock up 7%. investors are betting that the tech giant will be better off without him, he is raking in the doe. he owns 333 million shares, which means he made $791 million today. what a bonus. agassi does not care if people don't like. losing money, anyone who owns pandora. this streaming music servants beat expectations. competition is rising with apple planning to crank up itunes radio. next month pandora stock is down almost 13 percent today. that is not music to their years. then batman, hollywood heartthrob been astolat will play the iconic super hero in the next batman film expected to hit theaters in july 2015. the movie will give cic-book fans what they have been waiting for all their life. a face-offetween batman and superman. the movie is the sequel to the
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$650 million man of steel. i love ben affleck. i am alone in that. everyone else is miserable. that's all we have for you. we hope you made "money" today. if we will b >> john: tonight we eastbound pose mythsnd lies. >> politicians tell us what food we can eat. >> what difference of it of yours what i put in my body? >> a little fat and sugar. >> john: we're told fracking will plagueur water. >> but fracking is good. >> it's an amazing story. >> also because stupid people do this, these people lose their jobs? >> we're less safe because of you awful people. should government deliver the mail? should it build speed at
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