nice-- he says that would be nice. the number one thing to watch tomorrow will be whether or not the 70000 figure breaks through to a new record. >> "the willis report" is not. jerry, are there companies promising help for blind people with braille. what about student loans? >> tonight we had the illinois attorney general bringing suit against these companies that say they can help cut student loan debt. they do just the opposite. also coming up tonight on the show, too scared to quit. young workers are staying put even if they can find better opportunities elsewhere. what effect this is having on the economy. also a new report revealing the dangers of the centers for disease control and prevention may be exposing employees to. our citizens at risk also? and it's a solution gaining traction. tapping into your 4o1k to have your debt. will cause more problems? "the willis report" where consumers our our business starts right now.

gerri: we begin tonight with a new threat targeting our nation's young people. the debt settlement industry. as graduates enter the labor market with overwhelming debt and unlimited job prospect debt settlement copies are honing their sights on students with questionable if not illegal practices. illinois become the first day to crack down on these companies. state attorney general joins the now with details. welcome to the show. ray to have you here. i have to tell you this sounds very familiar to me. i have heard these countries before. what are they promising students? >> you are absolutely right. you are familiar because you have heard about them when people were struggling with credit card debt and strategy paper mortgages and now what they're telling people telling people with student loan debt is the same thing. we can cut your dead and hot, we can illuminate your student loan. of course, when you hear these ads and you get your hopes up and you call what

they then really want is a very large upfront payment and they are aggressive that about getting your critic card number and your bank account number and taking that money and never provide you with any services and you really add insult to injury and the reality is the programs available are available no cost. the one that is right. that is the tragedy at it always happens this way. you can get the services free elsewhere, but these guys charging up to $1200 a pop to students to settle and get rid of the student loan debt. a lot of people when they hear this think i would never get caught up in anything this stupid, but let me tell you it's pretty convincing. we have an accurate what to show you. take a look. >> if you are still paying student loans and get ready for a special announcement. your entire student loan can be forgiven. broadsword student advantage has for information on how you can have the remainder

of your student loan debt completely forgiven. gerri: do they do anything to reduce debt? anything at all? >> well, what they do again is illegally taken up front payment and they may or may not do anything because the reality is you may not qualify. your loans may not be consolidated, which what is one of the main program the department of education offers and what they are really doing is draining resources from people who are least able to make their payments. as you know we have over 40 million americans with over $1.2 trillion in student loan debt, so they are ripe targets for these ads and every single person i spoke with tells me the same thing. they were hopeful and excited and they picked up the fine and made the call and obviously the people doing the sales work on the other end are very comforting and we are here to help and we know you're struggling and we just need an up front payment, which is something we made a

little in illinois in 2010. gerri: tell me and why we are talking about this, when the names of the comedies doing this so people can get their arms around that, broadsword and first american tax and the fact complaints are through the roof, up 10%, howard people typically contacted? with a contacted by telephone, e-mail, what was happening? >> most people we spoke with who have been victimized as on the radio. those ads are also on tv and on the internet. i have even seen the ads on posters, the small posters attached to a lamp post or around neighborhoods. that is how most people contacted and what people really need to do is do their own research. you should contact the department of education to find out what programs are available and may be able to reduce your monthly payment and maybe to consolidate your debt and so there are free legitimate programs

available. in addition, you can reach out to consumer financial protection bureau and reach out to the national consumer law center, but get free information. never pay anyone up front for information about what you can do to deal with your student loans. gerri: you can consolidate that debt, but these copies are not the way and that is the message tonight. thank you so much. >> thank you. gerri: our next guest says he is seeing these practices firsthand. he is the founder and director of attorney point usa. welcome back to the show. you say you have seen it firsthand. why have you seen? >> i'm here in chicago and a lot of my friends and peers that are knee-deep in student loan debt that have just graduate college have told me they have heard these radio ads and seeing the ads on the internet and they have put over their credit card and bank information and they just disappear. there's no service rendered and that is disappointing and unscrupulous and immoral behavior by these companies, but i will say this.

this conversation needs to close how are we going to prevent these students from getting into student loan debt in the future because we know it's a problem. we just can't treat this is the can't help students not to go after these copies. we should have a conversation to knock it the students in the student loan debt. gerri: you make a good point because there is a pot of money out there and a lot of distress and so what happens is at the end of the day there are scam artists attracted to this and want to set up a business plan around and according to general manikin that his ways happening happening. you create summary problems, all this free and easy college money that is out there. it is offered willy-nilly to students with no limitations really when you think about it. it creates problems for them. increase promise for their parents. when you look at this kind of practice, what do you take away? what are you telling your friends who call you up and say i dealt with one of these companies and i don't think their legitimate?

>> i thank you bring up a great point. these companies are by definition predatory and they're going after these students in extremely aggressive manner, by will at this. there is another entity out there that accident very predatory way and that is the federal government. the federal government will e-mail college-- high school seniors every single day until their high school graduation asking them to fill out the federal financial aid form and they will offer them subsidized student loans and they will offer them out locations for grants in the same manner these scam artists will and i think we need to include them in this indictment saying we can go after these students for the even know what they want to do with the future. when i was a high school senior i got at least 200 e-mails from the time i was i think people of my senior year to the time i graduated ask me to fill up forms for federal loans and that is wrong because i might not have known what i wanted to do with my future in these kids think they had to take out the student loans and

what it does is totally distorts the decision-making process that makes way for the scam artist to come into the market place. gerri: will, if you can pay for it might as well do it. charlie, thank you were coming on back thank you. gerri: from highflying promises of debt reduction to worry some development in the sky, i'm not sure what will make it harder for me to sleep on my next flight. the uncomfortable seats or uncomfortable knowledge that the air traffic controller and not playing is pretty tired. joining me now is mike murphy, the founder and ceo of travel. welcome back to the show. so, new information that air traffic controllers are super tired and they work incredible hours. tell us about the schedules these folks have to follow. >> they can choose to follow these rattler schedules and they are basically jamming a 40 hour workweek into four days. the benefit to the air traffic control guy if he gets 80 hours off in one shot, so it's like the nursing profession and other professions where they jam it in. gerri: what with the hours and days look like leading up to that weekend?

>> in those four days you may go to work and get finished at 3:00 p.m. and be back on at 11:00 p.m. and that is where gets messed up because it disrupts your sleep pattern. if you can have a consistent sleep pattern each of those days it would be better than doing two eighths within a 24 hour. back because your sleep pattern is completely disrupted. you guys in the control tower that feel jetlagged. gerri: i shouldn't be operating a tricycle when i have jetlagged much less operating trains and directing planes through an airport. so, these schedules are preferred by these controllers themselves, why can we get rid of them? >> three years ago they talked about with some reason, it are traffic controllers and both of them are very common, some of them were filmed sleeping at the wheel, if you would.

now, they clamped down on that and said they would try to change this and three years in advance and we still see the same scheduling, so do they need to comply with what the pilots are doing? gerri: knows my next questions because pilots absolutely have to get sleep. why not air traffic controllers? >> i think has to be regulated. these are the things you have to make sure that safety is the number one priority, so the government will have a spotlight back on it again, i think. by putting a spotlight on it i guess we can get it done. gerri: now, we will switch gears of it and have airtight fun. the mac gears is an appropriate word, because if i have a step-- 10 speed in the air will that work? gerri: this is unbelievable to me, but there are makers of planes that went to put like a bicycle seat in-- i can't believe you would actually buy a ticket for a seat like this. take a look. it would be like writing a

bike when you sat on the plane, completely comfortable. good idea? >> it's an application right now, for this new design, which hopefully will never come to for wishing. if you remember writing air try to do strap hanging, so of course they wouldn't allow that and the question is will this be safe? they will test it out and the goal of the airline is one thing, more people are more revenue. gerri: more money. >> it can be configured for almost 850 a comment passengers. gerri: that is so annoying. i can't believe it. terrible. here's what i'm thinking, what if there is an emergency? how would all these people got the pain-- plain? >> you practice it in your spin class-- no, you make sure you can get the heck off the plane and as is the first thing they will do. they will check how long it takes to clear out that plane and if you can get it cleared out, which they got approved for with the two jacks 850 a comment

passengers even if they added more, which they will try to do with a larger plane they will continue to do that as long as-- gerri: will they reduce my fair? >> heck no. ideally you will pay more and get less. gerri: it is the way of the world and the air. thank you for coming on. now, we want to know what you think jury hears her question, would you buy a bicycle the on an airplane? log onto gerri willis.com. and vote and i will share the results at the midnight show. there is more and more to come to the including your voice during the show. we went into facebook me, tweet me a gerri willis at the end and what you think about tonight's topics and on the bottom of the hour i will read your comments. not enough people are quitting their jobs. that lower job turn is hurting young workers. ♪

gerri: young americans are facing a new normal in today's economy. those lucky enough to have a job are too scared to ever leave it. even to find better higher-paying opportunities elsewhere. economist and federal reserve chairman janet yellen say this pure has brought and damaging effects on the economy.

yet the president of the american action form and he joins us. welcome back to the show. good to see you seen that good see you. gerri: this is one of those stories that isn't obvious, i think. you know you have the level hard time getting jobs and what you don't realize is that they have a hard time advantage. how important is it to the broader economy? >> it's very important. it's hard to find a job where your technical skills are very-- valued and your writing skills fitted and where your initiative is what the coming is looking for and so in the typical career a young person will try a couple of those jobs until they find one where they fit in. what that means is their skills are being used most productively in that job whereas they weren't being used productively and the other ones and that is where the economy benefits. if we can get people in the right jobs we are getting rater productivity. gerri: and want to show some numbers here that i thought were just fascinating. the median tenure, the amount of time young workers stay in the job is up 19% each wing 2008 and 2012.

here's another set of numbers and what to show you. the proportion of the number of people voluntarily leaving jobs in 2006 it was 3.1 million. by may of this year it is falling to 2.5 million. you see this lengthening of time people stand the job. it seems to me from my experience that is the only way you get new opportunities and the way you learn anything new is to move around. >> purvis-- perversely enough that quit rate is a real indicator of the healthcare of the economy and if people are afraid to quit and they don't have the confidence that when they do they will find another job and it will be a better job is a sign of problems in the labor market and it's spilling over to the young people because now some of them are coming out of college and high school and they can't get into the first job and the long spells of on up limit before you get your first job of the things that are in most damaging to a young person's career. for the album with me as a

whole and those particular young workers is one of the things we have to do better at. gerri: 66% of your lifetime earnings or wage growth that is, so your improvement in wages, the first 10 years of being on the job. >> you can lose double digits in your lifetime earnings by getting off to a bad start. that is a great concern now and the kinds of things we should be worried about is as a society and nation when we look at the situation is making sure we have a cotton too many hurdles people at the jump to make these changes. on the employer side you don't want to have a lot of expensive mandates stopped you from rolling the dice and hiring another person giving them a chance. from the individual site you'd certainly don't want to let things like lots of student debt that you talked about or a big social welfare program that gets in the way people getting their first job. we have to look at both sides of this equation carefully because it's harming the economy as a whole and a generation of young american.

gerri: one of the numbers that struck me, graduating into a recession always earl1980erede f sito 7or incrthe tl bs re. a cessis hing t wee non a sio th is nilly dog anngor t lk. >>the yes wee b the sionasbe bpary meanyeasu. peop talthe high levels of unemployment and pae joowloyment and th, f wa this recove if you'renot e ineay yo t ejo u o on the u economy. te

th givople confenjp bem. wn u a sp rri: don if havet kiting io thlaboforcnow,but who's trying to get a job maybe try to get the first job or the second job about what to do in this economy? >> i have two children both of themi' lkto repled to find as take the first one. getting in a job is more important than getting the perfect job because you always learn something and you always display some skills and you create the ability to get the next job. waiting we see in the number's is a mistake. we know personally it's hard on people. get in the job and get going. gerri: take the first jobs, the words of wisdom. inky. still to come, tiger woods

is trying to make a comeback at the british open, but will his game be derailed by new details about how much time he spent with alex rodriguez doctor. we have top analysis after the break. you've reached the age where you've learned a thing or two. this is the age of knowing what you're made of. so why let erectile dysfunction get in your way? talk to your doctor about viagra.

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new line. gerri: did you see it this weekend, it was very exciting. of course, i'm talking that the unexpected win at the women's british open, check this out. american women, mo martin eagled the 18th hole after a spec tackler shot to win the british open and snatch her very first career victory. joining me now is jessica martins ferry, golf magazines associated as her. that was so much fun. >> could it be better ending and it wasn't even the

ending. should wait over an hour for the rest of field to come through and finish and she is had to eagled in her career up until that point. that was only her third eagle of her career and perfect timing i would say. gerri: after seeing michelle domine at the us open the second week after the men this came as a super surprised. this is a woman i have never heard on. initiate pro? >> she spent six years on the development all two were and has been on the lp ag-- lpga tour. she has had a few good finishes and events, but nothing better than to 25 and here she is not only winning her first event of her career, but it's a major championship. not bad. gerri: what does it tell you about her that she does this? the pressure is enormous, right? you either make it or break and mrs. the last hole and look at what she does. what does that tell you i

met she was the 36 hole leader didn't have a great round in the third round, so she was kind of plane in later teatime, but sort of middle of the pack and then you saw. she also was surprised. she kind of did a little victory dance afterwards. i mean, making a six footer for eagle is special. gerri: i know that players and fans are eager for an american women to do well and have another american woman like michelle is a good thing. >> americans are three for three in the ladies issue. i would say that lpga tour is rocking. gerri: speaking of rocking, someone who is not rocking so much right now is tiger woods. new line acacia doubt and more details really that he has been meeting with alex rodriguez is doctor, which is three words you don't want to see in any sense together. what was he doing?

some of this detail is new. what are we hearing? >> tiger's association with is old news. it's going back a few years. we knew he had visited with him, but he had been having blood spinning treatment to inject the plasma back into the bloodstream and that is supposed to help you heal after an injury. this was after his knee surgery in 2008. we knew he had a few visits with this doctor, now they say there were a lot more visits than we had initially thought there were and tiger , i think, but a lot more money with this doctor. it was around $76000. gerri: we are looking at hundred thousand dollars. big numbers. is it possible that tiger took drugs that are not legal? how serious is professional golf about testing its players? >> very serious especially now the cop is an olympic event beginning in 2016. drug testing has been a huge part of the world tour is in

every player has tested and you can run into about any guy and someone has had a drug test. tiger has never failed a drug test. gerri: you never hear about it from the golf media. it's never part of the discussion like baseball or basketball, why? >> they keep the disciplinary records and any action they take against players extremely under wraps, so had there been any retaliatory measures against tiger woods we'd wouldn't know. gerri: there is no record of it. so, you are telling a golf could have censured him in some way and you have no idea? >> it is possible. but tiger is the most scrutinized player in golf, not just golf, but one of the most scrutinized athletes in the world, so we have to take it with a grain of salt. he has said he has not taken performance enhancing drugs and the doctor has said he has not given tiger performance enhancing drugs. his coach was spent a lot of time with him during those years has said he never saw

anything happening there. gerri: what he said is never in my presence did anything happen. his comments were very very circumscribed the mac you have to give tiger the benefit of the doubt. without hard solid evidence we have no choice. it is pure speculation at this point. gerri: it is, but don't you think this will be a question of the british open? >> yes and his press conferences tomorrow morning and you know how the press overseas can be. they are a bit more aggressive than we are, so i asked that the topic to come up tomorrow no doubt. gerri: great job. good to see you. coming up later in the show, is it a good idea to tap into your 4o1k to pass your debt? a new report is revealing the dangers of the centers for disease control prevention may be exposing its employees to an possibly our citizens also. shocking details coming up. she's still the one for you.

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gerri: new reports from the center for disease control and prevention revealing how government laboratories have had problems handling terms and a series of incidents going back to 2006. now another investigation is finding more safety problems. with me now, the new york cardiac diagnostic center. welcome back to the show. are you surprised? >> i'm not surprised by this. if you look at the information, most of this has occurred in the shipping samples to other laboratories. this is an area that you have to be very careful with and where the problems have developed those with anthrax and hd in one virus. the other problem that has occurred with this type of situation is reporting. at one point it took about six weeks for the supervisory people to find out there was a problem. procedures have to be changed in shipping, quality-control and reporting. gerri: so what we have are

dangerous germs including anthrax, botulism, and a strain of bird flew improperly cent among other government bureaucracies. why would it be a problem now? >> they become all lax in their compliance. one individual they give their responsibility to to check this. there isn't anybody. it is probably up to the individual workers. we need to have one person in charge of safety control and enforcement to make sure it is done properly. gerri: you know, everyone comes in and tells me what we need is more government workers to monitor the government workers who. this is an agency that is supposed to protect the american people. if they are having problems of this magnitude, why aren't we thinking about the other kind of

germs and microphones that might be out there going to the wrong place? should there be a big investigation. >> there should be an investigation. fortunately no one has been harmed as far as we know. i think you're 100 percent right we need to know enforce what is going on and investigate and see what is really the problem. again, it has to do with shipping and reporting. those are the areas they have to focus on and really see what's happening. gerri: always good to see you. >> good seeing you. gerri: enjoy my to carlo, my friend. >> thank you. gerri: well, the company that makes the volkswagen beetle is getting crushed. sales figures show that new car buyers are barely even tapping the brakes as they pass by. our own jeff flock tells us, the german auto giant is open to change all of that while adding thousands of american jobs

. >> that's always a good story. we learned over the weekend germans are great at soccer but not so hot with soccer mom's. take a look at these numbers. it has been a great year for automotive makers in the u.s. everyone except a volkswagen. everyone is up just about. chrysler is up 12%, toyota is up even gm with all the recall problems. if you take a look at the numbers, the w down 13 percent and last month alone down 22% they're trying to do something about that. take a look at the pictures. this is the ceo. the senator from tennessee, bob corker announcing that volkswagen will be bringing a concept vehicle, a made-sized suv that they will be bringing and doubling down on the u.s. market.

it is a good looking vehicle. they have not had a very good competitor in that market. they will spend a billion dollars to bring this vehicle here. take a look at what the ceo had to say. they have finally decided we'd better tailor this to the american market. this will be a true american car big, attractive, and a lot of high-tech on board. above all, this will be built by american workers. take a look at how they have done in the market thus far. it has been abysmal. they make a smaller suv. that compares to like the toyota ralphs for and that gm equinoxes, the ford escape. take a look at the sales last month. these are very popular vehicles, 20-25000 of these. take a look. about 2,000. it may be no coincidence that it was just not too long ago that

the plant down in chattanooga rejected the uaw. some people think maybe there is a quid pro quo. volkswagen has been supportive of the union. they work with unions in europe. still, they are bringing the new vehicle here and a billion dollars worth of investment. 2,000 u.s. jobs. good news down in tennessee. gerri: i have to tell you, is a big reason. what kind of name is that? and have no idea what that means. [laughter] all right. thanks a bunch. great to have you. >> thanks. gerri: later in the shell, is it a good idea to tap into your retirement to pay off debt? a new report is revealing the dangers the cbc may be exposing employees to. details on that story after the break. ♪

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there was like an eruption on my skin. i had no idea i had shingles. red and puffy and itchy and burning. i'd lift my arm and the pain back here was excruciating. i couldn't lift my arms to drum or to dance. when i was drumming and moving my rib cage and my arms like this it hurt across here. when i went to the doctor and said what's happening to me his first question was "did you have chickenpox?" i didn't even really know what shingles was. i thought it was something that, you know, old people got. i didn't want to have clothes on. i didn't want to have clothes off. if someone asked me "let's go dancing" that would have been impossible.

♪ gerri: well, if you hold bonds in your portfolio get ready to have the steam come out of your years. they're is a move on in washington to tax as if we want to sell out of some of our own assets. the so-called exit fees were to go through that would mean you do not have as much money as you might think you do. listen to this. is your family getting in the way of your financial security? we are "covering your assets" tonight on "the willis report." i'm joined by a certified financial adviser and will street journal reporter awhirl three thank you for coming in. i want to start with this potential exit fee. i have to be honest. this may not happen. the fact that they are talking about it makes me nervous.

why would they impose an exit fee when you sell a bond? >> the federal government and reserve, they are trying to prepare for what is about to happen. they are tightening monetary policy. it will make it tougher to borrow money. what happens is, there is an inverse relationship between interest rates in the value of bonds. they are preparing as for a mass exodus out of bonds. they're hoping it will stop people from rushing out. gerri: how big of of year is this? you talk to lots and lots of financial advisers. why is this a worrisome? >> there is this herd mentality. the average investor inertia is the prominent theme. they probably would not do that. like we said, this is

speculative. this probably won't happen, but if it does -- who would really hurt would be the retail investor, the ones who get hit with the fees. not to mention, where are they going? that's what i want to know. who is getting the money? gerri: the treasury department. [laughter] >> that's a really bad thing for the average investor who can't afford those fees to begin with. gerri: this idea that we will protect you by imposing a tax that is going to make your portfolio worth less. how crazy is this? >> absolutely crazy. if you think about what they're doing, the reason they're doing it is because they don't want people to sell bonds. once the talk about imposing this what do you think the result will be? so what they're trying to do is stop the run on the bank just like what happened in the great depression.

the big fear is that there will be overrun on bonds, specifically bond mutual funds. they're trying to find creative ways from stopping us to get our money. gerri: i hope you are all getting this. i know you have bonds in your portfolio. write your congressman right now . >> you're talking about a fixed income generally. so you are hitting a fee. upside like stocks. well, the actual return. >> does nothing for investor confidence. what does this do to the investor? gerri: great question. i want to switch to your story in the wall street journal. you interviewed a lot of financial advisers talking about how metal and relatives are getting involved with older relatives portfolios and doing bad stuff. >> you have to ask yourself why.

one of the reasons is they want to be helpful, but they might have malicious intentions, like the one alone that they don't want to pay back. they want you to sell stocks. there are all of these reasons that are motivating people. >> one item i particularly like. the sun that was trying to be helpful because he needed $50,000. >> that is not that unusual. >> it is so disruptive to the planning practice. here is what you should do. well, my son said he should do this. gerri: here is my question, it seems to me that people who are in their 70's, 80's, 90's would be prime suspects for younger relatives, kids who want to get involved in the process. as an adviser it must be difficult to stand outside and

say, no, i don't want to do this >> i view this as a form of elder abuse. children who did not pay much attention to their parents or grandchildren all of a sudden become the favorite. and all they're really looking to do is look out for their own best interest. we need to be very careful. getting the family involved is important because you can't trust any adviser 100 percent. you can't trust a family member 100 percent die there. gerri: they're is a sandwich generation that could be helpful. >> one thing i found, the inheritors are never less careful with the money as the one who learned it . gerri: thank you for your wisdom great stuff. great to have you here. now we want to hear from you. here is what some of you are tweeting me. would you buy up bicycle seat on

an airplane? to i have to paddle to keep the plane up? maybe if it was like this. someone sent us a picture. that is ridiculous. if this becomes a standard for air travel i will cease to fly. i am not a cow. people are mad. if the price is right and the flight is short i hope they adjust for height. gerri: we have more coming up. my "2 cents more" and tapping into your 401(k) is becoming a popular fakes. is it a good idea? the answer after the break. ♪ i'm only in my 60's.

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gerri: everyone has been in a bind where you need money and don't know where to turn. a lot of people turn to their 401(k). in fact, 47 percent of americans have borrowed from their 401(k) to pay deaf babies joining with me now, president of the on-line 4o1 ks . conventional wisdom is you never borrowed to pay off debt. is that true? >> that is an oxymoron. i would have to agree. i would go with conventional wisdom. gerri: the other way you could look at it is, it is sort of an arbitrage. how much am i making and how much am i paying? can you look at it that way? >> that is one part of the equation. interest rates you are paying on your debt. still forget that if you take money out of your 401(k) you will have a tax penalty . the income taxes. that should factor into your

decision. gerri: that makes it super expensive. would you try to exhaust all other sources before you did that? where can you go? >> if you have no stake you should preserve it as much as possible. paid out of your paycheck slowly there is always that consolidation loan. those are not as bad. gerri: it is not just the fees and the fines. you are reducing your nest egg for when you won't work anymore. >> you are robbing from your future self literally. gerri: i think that is a good point. for more numbers on this, 29 percent of us have taken a loan from savings. 47 percent have borrowed more than 20% of savings. here is the logic. people are always asking me, i really need money to buy a new

home. i have a medical issue. i want to borrow from my 401(k). is that a good idea? they don't even listen to my answer if you are facing at disastrous medical issue, that seems to me may be a reason you might borrow. >> medical issues, areas where you are, perhaps, unemployed for an area of time, those are the types of things. gerri: all right. you know, talking a lot about 401(k) in the last few days on michele, how people are trying to amass wealth. if you borrow at some point you make it that much harder to actually have enough money. >> there is that old adage if you find yourself in a whole stop digging. gerri: that is absolutely right. what are your words of wisdom for somebody trying to make this decision? >> you have been smart enough to put it away. by all means reward yourself and

keeping it there and find any other way you can. gerri: thank you. we appreciate your time. we will be right back with my "2 cents more" and the answer to our question of the day, would you buy a bicycle seat on an airplane? stay with us. ♪

>> airbus is trying to patent bicycle like airline seat with no tray table, no headdress and very little agreement. would you buy a bicycle the airplane cracks 2% said yet, 98% said no. be sure to log onto gerri willis.com. for our online question every week. well, it was a catch of a lifetime. 76 or old jack from california caught a 482-pound specific halibut

while vacationing in glacier bay alaska. take a look at that. it took 40 minutes and the help of two other people for him to reel in the giant. after posing for photos, how that was delayed. it yielded nearly 200 pounds of meat divided up among the maguires and three other fishermen. he is planning to celebrate his catch with a fish fry with family and friends. finally, one story i can't get away from, the mortgage melt them. citigroup will pay a $7 billion settlement to federal regulators for its role selling shoddy mortgages in the run-up to the financial crisis. consumers get a piece of the action, some $2.5 billion used to modify mortgages for troubled homeowners. i wonder if anyone will actually follow up to find out how the money really gets used. these settlements don't really mean that much of the

bankers themselves, 7 billion is less than six months with a profit to the bank and subprime mortgage industry has largely been shut down already and no one went to jail for their role in the meltdown. that's it for tonight's willis report. thank you for joining us. we will see you right back here tomorrow. ♪ charles: tonight i make them of the trade it's a remains the same because everyone does the arc of instability even though the markets not reacting at. i will teach you how to build around your investment. coral icon spooked investors pretty good last week, but if warnings like a sound familiar it was. those that have heeded his warnings have missed the entire bull market and in the meantime coral icon has made a lot of money in the stock market. from a macro point of view in individual stocks as we move into the second half. speaking of stocks, if you-- yet this number to winner in the entire market