>> you ready, jeff? >> i'm ready. >> all right. >> oh, dear! oh, no! whoa. stay tuned for "across america". liz: state tuned, the gerri willis report is next. gerri: i'm gerri willis. explosive new details in the gm recall situation. gm ceo mary barra under intense scrutiny what she knew and when. also coming up on "the willis report," it's a tricky question for mom and dad. should you could sign that loan? we'll help you make the right choice. kathleen sebelius out at hhs. what does her resignation say about obamacare? our users guide to education. the best strategy getting the free money. we're watching out for you on "the willis report". new developments tonight on the general motors recall. congress making public the documents that the auto company was made to turn over to the

house energy and commerce committee and it appears gm's ceo mary barra knew more than she has been saying. rich edson has been going through all these documents. rich? >> gerri, general motors engineers knew about chevy cobalts shutting off inad vert antly a decade before they recalled dozens of these cars. that is what documents in the house energy and commerce committee showed. engineer was writing aways very aware with inadvertent ignition office. the piece cost of the ignition switch went up 90 cents and $400,000 in tooling and almost 500,000 doll in volume. another gm document showed the company already decided cost was too high. in report entitled, quote, cost estimate to change the vehicle key for the cobalt only, the author writes, quote, none of the solutions represents an acceptable business case. in other words the solution is too expensive that very report

says a lengthy lead time cost and no guaranty their proposed fix would fully solve the problem. by last year, federal regulators were complaining of gm's cooperation saying in an email to the company that quote, the general perception is that gm is too slow to communicate, slow to act and at types, requires additional effort of odi government officials that we do not feel us necessary with some of your pierce. -- peers. committee investigators say ceo mary barra received an email in 2011, discussing steering problems in cobalts, eye ons and other gm models. -- ions. berra was gm of global product development. gm has not got back to us about that particular claim. that issue barra was aware in 2011 was completely separate from the ignition issue. that tweet going out a couple of minutes ago. barra testified on capitol hill

she had no prior knowledge of that ignition problem. federal government gave gm $50 billion in a bailout with a loss of more than $10 billion. gerri. gerri: rich, we spent a lot of time looking at 2011 tweet, that gm says something different entirely what we're talking about the with the gm recalls, it is surprising because the email itself resends a "new york times" story and it describes the recall that we're discussing. then on top of it, there is internal email from, one of the workers there saying, whoa oh, we took care of this. now we took a look at mary barra's comments in front of congress and she said she acted without hesitation. seems like it is at least possible at this point she knew about this far in advance, as long ago as 2011? >> well what the company is saying it is entirely separate issue. that this had to do with a steering function i believe it

was and not that ignition problem that was, that there was so much scrutiny. now easy to possibly confuse the two only because the steering column of course involves the ignition switch where the problems with this. gerri: right. >> if you hit it with your knee the car would shut off and the airbag wouldn't deploy. gm is denying there is any link between the current ceo, mary barra and what had happened but this is a very long list of general motors knowing about this issue at least according to these documents, going all the way back to about a decade ago, taking that long to finally recall and fix this issue. gerri: rich, thanks for that. appreciate your time. with more on this story, what it means for gm is lauren fix, the car coach. lauren, welcome back to the show. great to have you here. >> thanks. gerri: i want to ask you, i want to ask you specifically about this 2011 email received by mary barra. she has been very clear in her states that this was not an issue she was familiar with.

that she acted without estation. -- hesitation. that was her testimony in front of congress. we're looking at that email in question right now. below what you see on tv screen here is the "new york times" story reprinted that describes the problems that we've been talking about with the ignition switch, steerying. and now the company today, this afternoon, tweeting only moments ago that this is not the same issue. that it is something else entirely. what do you make of this scenario? >> right. that is true. this is something else entirely. this is electric power steering. they had quite a few recalls. 3500 on gm vehicles and 846 complaints on saturn. so nhtsa, national highway traffic safety administration investigated in the actual steering rack. this is not the ignition switch. but there is an additional recall on the ignition switch for those people affected by the recall with the ignition key. they're now finding when the key was in the on position, when the car was started you could remove

the key from the cylinder. that is the part where you put the key in the ignition turn it, not the part that steers the wheels. this email that you're looking at, the one where the gentleman who now works for american a sell sent to mary barra is discussing power steering rack which is electric and failure rate which is quite high and there was a recall. she may have been proactive on this but because she was involved in safety makes me wonder what other emails are out there that gives you question about her, what her statement in front of the judiciary committee. and start to think to myself, certainly gives doubt and it makes for a lot of concern for gm as a whole. from my perspective i think it is, this is a big chunk of gm's problem but we still keep going back to why was it swept under the rug? why was this not released to consumers so that cars could be safer on the road?

and that safety definitely is mething that we're still going to have to peel through all the documents. i'm sure we'll be reading them all night tonight trying to figure out more details. gerri: this is the usual friday dump, right? they do this sojournnallists don't look at the stuff and maybe everybody forgets about it. i want you to hear gm ceo barra's testimony in front of congress weeks ago. here she is. >> you mentioned in your testimony this came to light on your batch. so i'm assuming there was no widespread knowledge in fm about this issue until you became ceo, am i correct on that? >> at the senior level of the company, we learned of this after the recall decision was made on january 31st. i was aware in late december. there was analysis going on a cobalt issue but i had no more information than that. gerri: there you have it. she says she didn't know about this until january 31st. given the emails that we see on

other kinds of recalls, it is a wonder she didn't see recalls or emails on this specific issue. does it surprise you? >> no. she was taking advice from her counsel, best thing is to say, i don't know, we'll look into it. as we saw the humor from "saturday night live" following few days. the truth of it is, sad part of this is, very likely to me she was involved in safety, that when she took this position, she went through files to see what was going on and must have knownthis somehow, some way and maybe she thought it was fixed but the problem it still falls back on her watch when she was involved in safety. but she is not the only person. none of these decisions are made by one person. just like on your show, if someone wants to make a change, multiple people are involved in it. so these are things that i think there's a lot more than meets the eye. we're just cracking the surface now. gerri: just cracking the surface. lauren fix, thanks for coming on tonight. appreciate your hustle to get on

the show tonight. appreciate your time. great reporting. >> thank you. >> great reporting from our own rich edson. from safety to health care the face of obamacare is out. while sebelius is out of the picture of course but here's what she had to say. >> kathleen sebelius, my secretary of health and hewlett-packard services told me she would be moving on once the first open enrollment period under the affordable care act came to an end. after five years of extraordinary service to our country, and 7 1/2 million americans who signed up for health coverage through the exchanges -- she earned that right! [applause] gerri: lots of cheering for sebelius but what can we expect going forward? joining me town hall senior political editor guy benson. welcome back to the show. good to see you. >> good afternoon. gerri: are you surprised? do you think this should have happened sooner? >> of course it should have happened sooner. it should have happened on

october 1st when the healthcare.gov and website and exchanges face planted on day one. kathleen sebelius and hhs and this administration had four years of lead time and hundreds of millions of taxpayer dollars to get a functioning website up and running and they said, in public, all the way up until october 1st, we're ready to go. we're ready for prime time. it is launching october 1st even though behind the scene they were crashing in their own tests. this was extraordinary incompetence and glowing words from the president that we just heard are just sort of galling to listen to when juxtaposed with the actual job that kathleen sebelius did. gerri: well, referencing some of your comments there, let's take a listen to some much her more controversial moments. >> there is absolutely no evidence, and every economist will tell you this, that there is any job loss related to the affordable care act. we were anxious to get the website up and running, and

functional, which we clearly have failed to do. >> it is the president's ultimate president, correct? >> you, you clearly, whatever. no one has been fired. my goal is to actually get the website up and running. majority of people calling for me to resign i would say are people who i don't work for. gerri: guy, i have to say i think sebelius became a whipping boy for obamacare in many ways. and i'm not sure that anybody could have overcome what is monstrosity of a law that was badly-written, completely confusing, poorly-incented. just a bad idea. could anybody have run this ship? >> well, if i wanted to channel kathleen sebelius i would answer that question by just shrugging and saying whatever. i will actually try to answer your question, gerri. she, to some extent she was poster wild for this whole mess and out there in testimony and

asked tough questions. if you look at substance of the law, broken promises, people getting cancellation letters, sticker shock, access shock. she did not conceive of and write the law and it was her job to implement the law. she did empirically terrible job doing that. so it should have been an october 1st resignation. she said a few weeks ago she would stick around until november. apparently that is not the case. she's out and good riddance. gerri: talk about silvia burwell, the omb candidate who is coming in. what do you make of her? will she be better? >> let's see how her confirmation hearings go. i don't want to leap to any conclusions about the type of job she would do at hhs i think there will be probably be many some very conscience hearings in the near future. we look back at work product recently for the obama administration. she is at omb, the budget office. she reprided over president obama's recently released budget

came out a month late. so that is maybe not a great start for must miss burwell. i have issues as conservative with the budget itself and so did many members of congress as product she put out on the behalf of the president received two hole votes in house of representatives, rejected 413-2 yesterday. gerri: well i guess they have a long way to go on this one too. i'm not sure if anybody can right this ship, guy. thanks for coming on the show. appreciate your time. >> thank you, gerri. gerri: we have more to come this hour, how do you do that? deciding if you should design on the bottom line for your kids mortgage? markets taking a plunge. what should you do to protect your money? we're looking out for you and your money next. ♪

we all have a fundamental right to a healthy environment. earth justice defends that right in the courtroom. and we win. join our fight. earth justice. because the earth needs a good lawyer. gerri: we have another selloff for stocks today. did you see that? capping off a brutal week for your portfolio. the high-flyers, falling heavily again today. nasdaq slipped to below 4,000 for the first time in more than a month. the dow and s&p 500 also closing

down. for more on this david nelson, chief strategist at bell point asset management. we have ed butowsky from chatwood invests. welcome to both of you. i just had about enough of this, let me tell you. is this the correction, david nelson, that the market has been watching for? >> we saw the first cracks really last month. started in the biotech sector. i can point to the day. it was -- gerri: you predicted it. >> i did put out a note. i put out a note to the press what happened was pretty serious. on that day the house subcommittee sent a letter to ceo of gilead questioning the pricing. that sent a shock wave through the biotech sector. it was a horrific selloff. now the biotechs are down 30% from the highs. gerri: ed, more than just biotech, my friend. the nasdaq getting killed. the nasdaq down.1% on the week. the dow down 2.3%. what is going on here? >> well, i'll tell you what is happening. earnings forecasts are under assault right now. stocks move up in earnings bein.

and right now this is not your average and everyday correction, gerri. you see around the world earnings are not coming in with what people had forecasted. you're seeing earnings revisions coming in and as a result of that, this market, we're entering into a real ugly period. i'm not a naysayer or debbie downer, but don't think this is normal correction. i think we have a lot of downward pressure on this market coming up. gerri: i was really hoping you would wouldn't say that, ed. >> yeah. gerri: he had. do you agree david? i know there is rotation out of growth stocks into some value stocks s that what is going -- what is hyped all of this. >> this is a big part of this. i will not disagree with ed but i think there is another dynamic we have to explore. a lot of these high momentum, high valuation stokes this is where hedge funds live. they're levered up. they're very crowded in these trades. a lot of time we think hedge fund as masters of the universe. sometimes they're the dumb

money. when they exit position it is can look like the three stooges. i think that's what you're seeing, this huge unwind not growing to cash. we're rotating to value stocks right now. gerri: ed, i don't think even people know how to buy value stocks anymore. >> yeah. gerri: you remember when you used to buy, warren buffett, buy value. >> that's right. gerri: i worked at "smart money" magazine we looked for stocks that had been sold off. looking for companies that would grow slowly over time, maybe small caps. what do you make of that analysis? >> well i agree with you. it is tough to discern what is a value stock versus growth stock. and do they trade differently. david and i talk an we agree on a lot of things. david i will disagree this is rotation thing. i agree hedge funds are punishing a lot of stocks. the pain trade is on but stocks move in anticipation of future earnings. tell me where is the earnings growth coming from anywhere in the world? it is not out there. gerri: good question. >> it, you know, ed, i got to disagree to a certain extent.

we knew this quarter -- >> brit on, david. bring it on. >> we knew this quarter would be a washout within a lot of sectors we're seeing growth, even some names being pummeled the growth is there but valuations just aren't. some companies like amazon, netflix, some of these names trade at over 100 times earnings. >> exactly. >> we pushed valuation envelope just too far. gerri: ed? >> well, look, of course we have. we pushed valuation level. you're seeing earnings revisions coming back. this is going to get ugly when the program traders kick in. we start breaching those support levels. gerri: yeah. > when that starts happening we'll see more selling. am i thinking that we're going to see a good market through the summer is? not a chance. if you have money sitting on the sidelines, hold on to it or put it in utilities. gerri: wait minute. wait a minute. are you telling me to sell my stocks? >> i don't know your whole portfolio but don't allocate any new money. gerri: don't allocate new money. i don't go to cash. i'm not one of those people. what do you say?

what is your advice? >> i think you have to take some inventory, gerri. look at your stocks. if you're crowded in at love names maybe do something about it. if you try to trade around this, my guess you will probably damage your portfolio even more than it is right now. gerri: don't trade around it. david and ed, thanks so much for coming on. great conversation. really enjoyed it. you guys were terrific. try to do something about the market, boys to make it go up instead of down. we want to know what you think. here is our question tonight. what are you doing with your portfolio, buying, selling or holding? log on to gerriwillis.com. vote on the right-hand side of the screen. i will show the results at the end of tonight's show. we have more coming up. don't leave your free money laying around. we have a list of grants and scholarships your little johnny never even heard of. irs is knocking on the old on decades old debt. 37 years ago, the irs calling asking for its money back?

come on! ♪ up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. life an everyday miracle of survival today the future of all life on earth hangs in the balance what happens next depends on us ♪ well you done done me and you bet i felt it ♪ i tried to be chill but you're so hot that i melted ♪ i fell right through the cracks ♪ now i'm trying to get back ♪ before the cool done run out i'll be giving it my bestest

♪ and nothing's going to stop me but divine intervention ♪ i reckon it's again my turn ♪ to win some or learn some ♪ but i won't hesitate no more, no more ♪ it cannot wait, i'm yours ♪ open up your mind and see like me ♪ open up your plans and damn you're free you'll find that the sky'snd yours ♪ so please don't, please don't, please don t ♪ there's no need to complicate ♪ cause our time is short ♪ this oh, this oh, this is our fate ♪ i'm yours

gerri: is it right for the feds to go after the you for the debt of a family member even when that debt is decades old? that debt is decades old? well the government's doing it. [ grunting ] i'm taking off, but, uh, don't worry. i'm gonna leave the tv on for you.

and if anything happens, don't forget about the new xfinity my account app. you can troubleshoot technical issues here. if you make an appointment, you can check out the status here. you can pay the bill, too. but don't worry about that right now. okay. how do i look? ♪ thanks. [ male announcer ] troubleshoot, manage appointments, and bill pay from your phone. introducing the xfinity my account app. gerri: hundreds of thousands of taxpayers are having their tax refunds confiscated this year, confiscated, because of debts owed by family members, sometimes the debt is decades old. "the washington post" reporting that the treasury department is intercepted nearly $2 billion in tax refunds already this year. for more on this "national review" columnist john fund. john, this story, is this legal? >> well, there's a new saying in

washington, i complex times the rule of law has proved itself deficient. we much prefer the rule of men. it is vastly more efficient. gerri: oh. listen, i think this is a serious question though. because the opening example in the washington post story is a woman who, as a child, her family got social security benefits and now, the treasury department is saying they were overpaid and they're coming after her for money she wasn't even aware the family was getting 37 years ago. how can they do this? is this fair? is this common? is this the right thing to do? >> look, i'm all in favor of people paying their debts but there is also a principle called equal justice under law. if you overpay your taxes, gerri, you give the government too much money, you have between four and six years to make that correction, otherwise the money is lost. the government had 10 years. so if you look at government they had 10 years to go find you and track you down. this changed three years ago. there was one sentence, one sentence, slipped in the dead of

night into a farm bill, a farm bill, that said that the government could pursue you for decades, as long as they you were alive. and then they could go after your children presumably. so this woman who is pursued after 37 years, it wouldn't have been legal three years ago. now suddenly it is. and there are many more like her. gerri: but the money they're collecting is diminimus compared to the debt that the nation owes or total budget. not that much money. takes more money to track this down and find it than it does to collect isn't. >> gerri, you know when people are really short on paying bills they go into the couch and look for the change. and that's what the government is doing. gerri: that's what they're doing right now. they're looking for the change in my wallet. do you think, i know this woman is fighting back. do you think that she has a chance? >> well, i think members of congress should be contacted on this this is outrageous. you know we have statute of limitations for everything. gerri: yes. >> if you commit, if you commit

multimillion-dollar fraud on wall street there is statute of limitations means the government can't go after you after a certain point of time. now if you owe $700 on some student loan debt or social security disability payment that your parents incurred and didn't even tell you about, the government can go after you? there is something inhernly unfair about that. it is really going after the little guy and gal and really, in a very unfair way, that has never happened until three years ago. gerri: so, you know though what happens when the irs comes knocking at your door. it is scary as heck. and you want to respond and do what they say, right? they're the long arm of the law. they can go a lot of bad things to you if you don't cooperate with them. it is sort after heavy hand here played against a woman who doesn't have a lost resources to fight? >> well her attorney is apparently offering his services for free which is why she can fight the government. but i suspect that the, if, believe me if the government can be sued in a class-action suit, this would be it.

and because this is outrageous, that people haveo put up with this. now, again, if the government wants to change the law, and say, if you overpay the government you can collect the money from the government forever, maybe we can have a conversation but the, people should be treated like an equally. they should not be different rules for the government and different rules for these citizens who pay to the government. gerri: how do they change the rules a couple years ago anyway. thanks for coming on. i want to follow this. i hope they get comeuppance. thanks so much for coming on the show. well, coming up a hollywood actress, you will love this, suing duane reade, for a million dollars over a tweet but it is legal? our last day of user's guide to education. the grants and scholarships, free money you never heard and the best strategies for

. gerri: we have breaking news for out gm story. we told ought the top of the show about new documents out from gm in response to congressional investigation going on right now, and tonight, moments ago, u.s. senator richard blumenthal out with comments. he, of course, has been talking a lot about this case. he says this -- he goes onto say, gm must correct the public record including ms. barrett's testimony. such evidence indicates a line of inquiry that investigators must pursue vigorously as soon as possible. that was senator richard blumenthal, very critical of gm publicly, and calling for recalls, investigations, comments from him tonight on the new gm documents. this story continues.

well onto our user's guide, talking all week about your loved one's college education and how to pay for it. the best way to do that? for filing forms to decoding aid offers. if you missed any of this visit my website, gerri willis.com. don't leave money on the table for college. here with advice on finding the free money is rob franec, senior vice president of publishing at the princeton review and wrote the book the best review of college, which is a good read if you are on the market. >> thank you. gerri: what is the source are in money? where do you get the freeway money? >> there is a lot of the free money, 180 billion dollars this year consistent with last year and four big buckets. the first you had suggested, the free application for federal student aid unlocks

federal scholarship dollars, pell grant, subsidized stafford loans. lots of big money in the federal bucket. gerri: what do you mean by institutional grants? >> direct from the colleges. once you apply for five colleges and you get acceptance letters, they will offer scholarship dollars, merit based money that you don't have to pay back. gerri: we learned most students don't pay the full freight. you might pay a third of the cost, private employer grants? >> where parents are working, good to research on the local level. private money is the one where we got a big myth in there. we have less than 5% money is coming from private scholarship dollars. they get a lot of news but pay out little. gerri: state grants? >> tuition assistance for new york state students. lots of individual states have different programs for the students. staying in state to study. gerri: you say you have to be

proactive, look, the high school counselor isn't going to help you why, is that? >> the numbers speak for themselves, high school guidance counselors to students, 470 students to one counselor. gerri: i want tools, i want to know where to go on the web to find information? >> one of the things i'm most proud about, we have over 800 different financial aid ratings, scholarship.com, think about state scholarships as well. certainly the website fasa.ed.gov is a fountain of information. gerri: but you have to fill it out. and it's a pain in the butt these days. >> and not just once, you have to fill it out each year you apply to college. gerri: i'm sorry i used the word. >> one of our favorites at the princeton review is the georgia hope scholarship. if you are a georgia state

student, and many colleges with programs like this. you have a b+ or better you are going to get glorious scholarship dollars to stay in-state. gerri: in georgia. and there are other kinds of scholarships, do the research to find snout. >> must do it. gerri: i say go to the church, go to local sources, less competition. >> those are the ones that pay off. it's the local connections that pay off for students and families. gerri: rob, thank you, good to see you, appreciate it. from finding free college money to finding tax day freebies, april 15th is almost here. we have the top places can you save that tax refund and get free stuff. number five, on tax day, the sandwich chain gives away free original sandwiches made up of ham, salami and three cheeses, you don't need a coupon but have to buy a 32 ounce drink and a bag of chips.

number four, the great american cookie. no coupon is needed. that sounds good. and arby's, if you have room after dessert, free curly fries, and don't forget to bring coupon from the website. number two, the hard rock cafe, warning no coupon is required but singing is. anybody willing to sing a song in the restaurant a free dinner entree. only good from 5:00 p.m. 207:00 p.m. on tax day. i think i can make that. give your stomach a break and feed a shredder. office depot offering to shred five pounds of documents for free. i have a few things to throw away. you'll need the coupon from the website. the best part of the freebie it lasts longer than one day. the offer is available now to april 29th. how to decide if you should cosign on kid's mortgage,

should you do that? and coming up, why one paparazzi shot of actress katherine heigl could cost duane reade millions of dollars. is it legal? our legal debate next. friday night, buddy.

you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me.

. gerri: could a single tweet be worth 6 million dollars? well, actress katherine heigl certainly thinks so. she's suing duane reade for tweeting a picture of her shopping in mid-march. will her lawsuit hold up in court? joining me is fox news analyst welcome to you. >> explain to me, there's explaining to do. >> explaining. gerri: what is she -- don't people try to get on the twitter feed? >> she's a very famous person, when she's on tweeter feed, she gets paid a lot of money, she's

compensated. they took her picture, put it on twitter, did all that, accept the that out there, and wait a second, that's false advertising because there was no advertising, misappropriation for public image and that's worth a lot of money. gerri: still, wasn't the picture public already? >> nobody forced her to go in the store, she went in, bought something and walked out. it wasn't advertising. they put it up on facebook and twitter accounts. >> exactly. >> she took it and made it into a major lawsuit. now we're talking about it on national tv. >> they took the picture, yes, she had to buy whatever she had to buy at the drugstore, they made that into advertisement to get people in without paying her a penny. gerri: is it an advertisement, a, and, b, don't the starlets, between projects, aren't they constantly calling to get the paparazzi to follow everywhere, like maybe duane reade. >> you read the complaint, it

reads like a summary of the rich and famous. talks about her screen career and all the things she's doing, et cetera, and giving the money to the charitable fund for her brother which is great, but the other half of the complaint is about that! you have to wonder this is a publicist's dream. gerri: you think she's trying get attention. >> twitter has two million followers, okay? and she has -- gerri: duane reade. >> i'm sorry, duane reade has two million and she has a million. now the country knows about it because she made a lawsuit about it. >> the problem is, she's trying to get compensated for their use of her image. you can't use a public person's image without compensate. free advertising? >> what is false about it? is she going in there? did she go in there, did anybody say she is misrepresenting something or duane reade misrepresented something, she walked in and out. >> if you're a famous person

and walk into the store, you don't assume the responsibility or liability that your picture is taken or tweets are going out. >> how is she hurt? she's helped. >> she is not helped. >> no, no. >> well, she's not hurt. gerri: she's been out of the news and the pictures for a little while here. >> she's in the news now, and blew it up into a bigger thing. nothing false about it. she wasn't harmed. >> they are misappropriating her image, you cannot do that. gerri: the purpose of duane reade's advertising is aimed at attracting revenue especially social savvy customers in the young adult demographics. >> she walked in the store. >> come on! you're going to penalize her because she walked into a store. >> what's penalizing about it? we're talking about it on national tv. what is the penalty? >> she's going to do an advertisement she should get compensated for being advertised. even if you're the biggest named celebrity in the world,

you don't think can you go to duane reade and get stuff without it being displayed all over twitter. she was on the street? >> exactly. somebody was going -- gerri: there is no presumption of privacy. >> when you go into a duane reade or store that your image is going to be out there. going back and forth. >> it was outside the store, on the sidewalk, she was carrying bags, they put it out there and said look who shops here. >> she should be compensated for it. >> for doing what? buying something? >> no, they're using her as advertisement, as the pinnacle of advertisement. and putting her image out there. she goes there. >> under false advertising. >> it's not false advertising. they did not compensate. that's the law. >> and they moved it -- gerri: okay, wait a minute, wait a minute, wait a minute, here's my question, i tweet all the time. what do i need to know that i

might get trouble for? >> you are eat tweeting about yourself, what you are doing. gerri: a lot about me. >> it's all about and you it's true, as i'm sure it is. gerri: occasionally i take pictures of other things, possibly other people. >> animals? gerri: she will sue me if i take her picture and put it on twitter. >> most people will compensate you, not sue you. >> that's my point, she got a little money going to charity. was that sarcasm there. >> we're talking press release. gerri: vote for me. we should have voting. thank you. i'm laughing so hard. still to come, "2 cents more" and how you do that? how to decide whether to cosign on your kids' loan, is that the right thing for you to do?

. gerri: are you thinking of

co-signing a loan for your kid? why you may want to think why you may want to think really ha [ grunting ]

i'm taking off, but, uh, don't worry. i'm gonna leave the tv on for you. and if anything happens, don't forget about the new xfinity my account app. you can troubleshoot technical issues here. if you make an appointment, you can check out the status here.

you can pay the bill, too. but don't worry about that right now. okay. how do i look? ♪ thanks. [ male announcer ] troubleshoot, manage appointments, and bill pay from your phone. introducing the xfinity my account app. . gerri: all right, mom and dad, listen up, you may be putting your own credit score at risk when you cosign on a loan for adult children. according to a new report, two and three millennials relied on mom and dad as a cosigner for home loans, but should parents be doing this? joining me now kendra todd. great to have you on the show. thanks for coming on. is this a good idea? should mom and dad be co-signing? >> well, i think it really, really depends on the circumstance. what parents need to really, really consider is the fact that they are equally obligated

to pay that debt along with their child. it's very, very common to see a parent cosign for example on a car loan. but we're talking about a house. so they have to consider the fact that if their child is late on a mortgage payment or skips a mortgage payment, their credit score is going to be affected. and that's not really ideal if you're inching towards retirement. gerri: absolutely not. what i don't understand is why aren't kids doing this on their own? look, i know prices have gone up in a lot of markets and houses are expensive and may be difficult to get that down payment together, but maybe mom and dad help with that but not get the loan. why are they doing this? >> well, there's a couple of instances where it actually makes sense, and there really is a trend in the market. for example, we have a situation right now where we do have a client whose parents are co-signing on the loan, but she's in nursing school. she's getting ready to graduate, and a year from now, she's guaranteed a very

high-paying job. so the thing about it is, young professionals are attracted to the opportunity because if you don't have two years' work experience, none of your income counts. so parents who know that children are fiscally responsible are going have a high-paying job soon or, you know, they're in dental school, they're going to be a lawyer or doctor, and may make sense. other situation where it makes sense is actually parents who are purchasing a home for a child that has a disability, or if you want to purchase a home for your aging parents. those are other instances where co-signing or signing on their behalf really does make a lot of sense. gerri: tell me, kendra, what's the tick tock? for mom and dad who sign, let's say little joey gets a little carried away at the shopping mall, can't make the mortgage. how soon do mom and dad get

called in? >> if you have one 30 day late, everybody's credit gets dinged. a parent has to know that their child is responsible, they can afford to make the payments and they'll come to them if they can't. it can have a negative impact on everyone's credit history, and, you know, i've seen the situation actually in reverse where the parents ruin the child's credit. so it's notway street here. gerri: goodness. i want to show other facts from the experience study, it's interesting. 32% made payments when the child couldn't. 7% took on 100% of the debt. 17% didn't know right away the kid was in trouble, and you know that's true, right? does junior call from across the town or country and say uh-oh, i'm having trouble here. and 12% suffered dented credit scores as you were describing. this is not just maybe bad money management, this is also bad family management in my

view. what do you think? >> i would agree. like i said, it really is a judgment call, but it's a decision that i would think very, very carefully about, if i were a parent, and you know, i do talk to a lot of millennials and they consider this idea and a lot of them say i want to stand on my own two feet. i don't want to ask mom and dad for help. and a few years ago during the mortgage crisis, this wasn't even an option, you couldn't go down this path. i think that if you want to buy a home, it's important to be in a position where you can afford to qualify for the loan. gerri: words of wisdom from kendra todd. thank you for coming on. appreciate your time. >> likewise. gerri: we'll be right back with my "2 cents more," and the answer to our question of the day. what are you doing with your po up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up.

up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again.