tv The Willis Report FOX Business October 4, 2014 5:00am-6:01am EDT
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[ beeping ] ♪ gerri: hello, everybody, i'm gerri willis. coming up today on the show, health officials in texas trying to calm the public's fears of ebola but is enough being done to keep everybody safe? one texas parents speaks to us about her fears of this devastating disease. also we may have added more jobs last month but hourly wages fell. how should you go about asking for more money at work in. the supreme court decided that the americans are paying too much in 401(k) fees? "the willis report" where consumers are our business starts right now. the we begin tonight with a story on everyone's mind, ebola. all eyes on dallas, texas. state health officials say they have narrowed down the list of
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the people they are monitoring for potential exposure to ebola from 100 to just 50. and only 10 of those 50 people are considered high-risk. the white house is holding a briefing at this very moment, you're seeing pictures of it right here, talking about the government's role and its response to the crisis. the headlines are this. assurances from officials that they have this thing under control. also the united states will beef up the response effort in west africa and assist the government there to get the crisis under control. take lacen. >> every ebola outbreak over the past 40 years has been stopped. we know how to do this and we will do it again. with america's leadership, i'm confident and the president obama is confident that this epidemic will also be stopped. >> we're going to continue to monitor this briefing during the show. we'll bring you any news that we get. meantime let's dr. bob lah
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independent da of beth israel medical center. >> gerri, great to be here. gerri: you heard the government official from homeland security saying we know how to do this, we've been doing it for 40 years. >> yes. gerri: are they right? >> they have been doing it 40 years in central africa. they have not been doing it 40 years in the europe and united states. statistically speaking i think we'll have a few cases. now i'm optimistic -- gerri: you say a few cases. we already have one. are you saying people will die? >> when people get this infection, statistically speaking several people will die. i don't know if it is going to be several or many people. gerri: wow. >> you about the infection is going to come to the united states. it is already here. gerri: it is already here obviously. you expect that there will be some people who will not survive this. not even western medicine will be able to help people survive this ebola outbreak. is it, so you believe it is getting worse before it gets better. how easily can this thing be spread?
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that is what so many people are focused on today. comments from cdc say, don't worry about it. it should be fine but what should people be doing? >> we don't want to cry fire in the movie theater. so we have to calm people down. we know we have excellent isolation procedures in our country. we know we're in the process of developing new monoclonal anti-victim'ses for the virus which will not be ready in the short term. we're concerned this virus has incubation period of anywhere 15 to 21 days and therefore you will have people getting on planes, coming here, that asymptomatic. that means without any signs or symptoms. once they get here as we saw with the patient in texas they will have symptoms and signs. i'm concerned as many, many doctors are how we differentiate this from common flu or other kinds of gastrointestinal diseases. gerri: don't you think a lot of people that get the flu will go right into the hospital and into the emergency room thinking
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maybe, maybe it is ebola? >> that is our concern, yes. we're already overcrowded in the emergency room. when people are coming in to say is it ebola, is it ebola, especially in a hospital like mine, five minutes from an international airport, as are many hospitals here in new york city, we have to beef up and we are beefing up and we're going gear up to deal with it in a big way. gerri: so you think you're ready? >> we think we're ready. gerri: we saw the dallas hospital. they thought they were ready. what happened was the communication and information wasn't communicated with the entire team. were you surprised to hear about that gap. >> i was surprised to hear about that gap and i understand that gap. we're crowded and overloaded. people use emergency rooms as primary care physician which very a shortage. you have people coming in and coughing vomiting and having diarrhea. how do we differentiate? we use judgment, gerri. gerri: no doubt about it.
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i would be curious how you grade the government's response to the liberian coming to dallas? there are hazmat units going to the location where they live, where his family lives. they're being quarantined. they're being told they can't leave. have they done the right thing with this? >> they have to do that. i don't see any other way. we have to quarantine people. we started out with 10 people. we're now up to 100 people being quarantined and being forcibly quarantined. we have to wait through the incubation period to see if anybody develops symptoms. most important thing that doctors will understand, they have to get a travel history. were you in africa? the patient we presume is not going to lie and say, no, i just came from dusseldorf. gerri: but you don't know. that is the interesting thing about it. i want to ask you about flying. because, that is one of the big questions people. a lot of calls for people that come to west africa to be quarantined, set aside not to be mixed with the general population. we talked to an expert about the
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state of cleanliness if you will on airlines. listen to this. >> think about it. when you go on a trip, the airlines turn over planes relatively quickly. they go in. service the lava tories and clean up trash and during normal period of time it is not cleaned thoroughly. they are deep cleaned every 25 to 30 days. so when you go on to the airplane you might want to think about wiping down those table trace and maybe the arm rest you put your arms on. and those soft surface, don't tend to get cleaned at all because they are not easy to clean. gerri: so be what do you do? it is very difficult to get the airlines to cooperate with this. they don't want to quarantine people. how can we guaranty the people coming in aren't infecting other travelers? >> we simply can not guaranty anything. i did a piece on this for a magazine about contaminated airline seats, tray tables where people change diapers. i was worried about commonplace strep infections this.
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is over the top. it's a big problem it. >> is over the top. >> it is. gerri: what is the right solution for that? what would you like to sigh as a physician? >> i like them to cleanse planes between flights. i would like the flight attendants and everyone who is dealing on planes, believe me we respond to emergencies on airplanes all the time. it will be a live difficult now for the patient semiconscious, nausea, vomiting in the restroom which is always going to be closed off and has to be cleaned. we're going to see a lot of changes in the way we operate over the next year. i'm not saying this will be something that is resolved in a week or some but over the next year. statistically as i said, at the outset, we're guaranteed to have more cases in this country. no getting away from that. gerri: doctor, thank you. >> thank you, gerri. gerri: we'll hear from a worried parent in texas on this in just a few minutes of the you will want to see that. meantime, we want to get to our other big story today. we talked to you about it last night, that massive data breach, this time at the nation's biggest bank, jpmorgan chase reporting hackers stole
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information from 83, 83 million accounts. you may be one of them. customer money is safe they say but one customer says that doesn't mean you're in the clear. a handful of attorney generals are promising investigation. joining me identity 911 cofounder, adam levin. adam, welcome back to the show. >> hi, gerri. basically theto put this to you people at jpmorgan chase are saying, don't worry, it is not that big of a deal, they didn't get that far. what is your reaction to that? >> my reaction they're underplaying the potential danger you have here. yes, the hackers didn't get their hands on social security information or account information but what they did get was name, address, phone number, and email address. so what that means is, you could end up being unwilting co-conspirator in the theft of your identity. gerri: so you said in notes to our producer something like your
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email address alone is something sold online and is really a key to your entire identity and possibly your financial identity. >> no it is because, think about it, some people on their financial services accounts have their email address as their user i.d. now, when a hacker gets that, and then brute forces their way through the security questions, many of which are easily decipherable, all of sudden they can get into your financial services accounts. not to mention the fact that if they have your email address, they can send you knishing emailings look like there coming from the bank -- fibs email. click on the link and give us some information, and we will reauthorize your account. what you don't realize, you're giving information to the hackers. >> wow. okay, we first learned of this in august, right? then last last night,
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jpmorgan chase filed information with regulators t took them until today to put out a press release. and they have yet to contact customers directly. what should jpmorgan chase do and are they doing enough? >> well i think they're starting to do it. i mean, i myself, got to admit, i'm a private bank customer. i got an email with a letter last night from the head of the privatebank, apologizing for the situation. you know, i think where they're not doing enough i think they're underestimating the potential danger that all consumers face. and here's the reason. because you're now open to the pantheon offings. we talked about the phishing, when you get a phone call directing you to call a number because there is problem with your account. or smishing, you get a text tells you click on link or gives you a number to call. this isn't the bank. these are hackers doing this. too many consumers over the years have fallen for this. as a result, they have given
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away information that led to the theft of their identity. gerri: don't be doing that. don't be responding to anything. if you get contacted, contact the bank yourself and ask for help. but i've got to tell you, i will disagree with you on something. you said you're a private client, private account client, which jpmorgan chase. you're special. you're high net worth. chase has lots of more customers that are not as good as you are and i'm hearing that they are not being contacted directly. that is the news we had tonight. that's what we're hearing from individuals who are very concerned about this indeed. any other recommendations quickly for what people should be doing about this? >> well i think what is very important is, that people should be keeping their eye on their accounts. they should be very careful when they get email. they should be making calls directly. they should be going online directly. they mud never respond to any text. only give information when you're in control of the
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situation. consider transactional monitoring where they notify you of activity in your accounts. credit monitoring. should check credit reports. you have to stay alert. unfortunately now we are all brought into this problem and we're all being deputized and we all have to be working to protect ourselves as well. gerri: adam, thank you. >> thanks, gerri. gerri: now we want to know what you think. here is our question tonight. who should be told first about data breaches? regulators or the public? log on to gerriwillis.com. vote on right-hand side of the screen. i will show results at the end of tonight's show. we have more tonight, more, more on our top story, the ebola case here in the u.s. experts telling us not not to worry but try telling that to a parent who has a kid in a school in dallas. one of those parents, joins me now. thank you so much for coming on the show. i understand that you have a 17-month-old and you're in the dallas area. tell us about your concern for
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your daughter. >> thank you, very much. yeah, i'm actually concerned about my daughter being in a day-care. i wouldn't say necessarily i am overly concerned just because obviously the cases are not that close to the area where we actually live but, given the fact that it is still, you know, the outbreak can spread fairly easily from one person to the next, then, obviously the, my main concern is my 17-month-old daughter and whether any of the other kids at her day care actually have been exposed. gerri: i understand that. have you gotten any communication from the school? >> not as of yet. gerri: so, radio silence from the school. i'm sure you would love to hear from them. is this a kind of thing that you think could escalate quickly? , oh, my gosh. there she is right there. >> i think it could.
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i mean, i don't, to be honest, i don't know the details as to when exactly this started and how, this, how fast this has to spread, but i know, you know, given mortality rates, this can be very, very dangerous. mortality rates as far as i know are between 40 and 90% and out of the 7,000 cases there were found in africa, about 3300 people have died from it. so obviously you know, if one or two people have been exposed to it, especially children, that are very close to their touch and basically share all the toys and everything, you know, it can, i think it could spread fairly quickly. gerri: thank you for coming on and bringing your daughter with us tonight. we really appreciate having you here. we would like to keep in touch with you through this crisis. thank you so much. >> thank you very much.
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>> well, as many americans worry about the spread of ebola just like you saw, scam artists are take advantage. looking to profit from those fears. now don't fall for it, not that expect any of our very intelligent viewers to. the only treatment for ebola is an isolation unit at a hospital. but a quick internet search shows you kind of products these awful people peddling from face masks to loge shunses to serums. these products are advertised on social media. always the case somebody will use tragedy to make a buck. don't fall for that. still a lot more to come this hour including your voice. your voice is important to us. that's why during the show, we want you to facebook me or tweet me @gerriwillisfbn. send me an email going to gerriwillis.com. at the bottom of the hour i will read your tweets and emails. first, obama is taking credit for what he says is awesome jobs report but behind the headlines lies real truth about the state of our economy.
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following a surge in hiring. charles payne, he nailed his jobs prediction on fox business last night. listen to this. >> i'm going with this. going with 250,000 and revision of 60,000 in august. i think that the dow goes up 200 points. >> doesn't get closer than. charles was dead on with the dow soaring triple digits today on the news. but while traders were happy, regular americans just aren't feeling this optimism. we're getting to the real truth behind the numbers with heritage foundation's chief economist, steve moore. steve, welcome back to the program. good to see you. >> hi, gerri. by the way i was on maria's show last tuesday before charles said that and i said we would get over 200,000 and maria doubted me. i can't wait to, look it was a good jobs report. gerri: congratulations to you. everybody is getting it. okay. see, i don't think this was a great jobs report. >> it was a good report. gerri: there are lots of problems. >> there were problems. so let's talk about what is good
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about it and then get into what is bad. we have 250,000, as charles said with revisions we're up to 300,000, that is good number. it suggests that maybe businesses are starting to pick up. starting to put their foot on act sell rate tore a little bit. i'm very happy about that. what i'm very unhappy about, gerri. gerri: okay. >> two things. if you look what happened to wages, you mentioned this earlier on the show, wages have been flat. in fact they're falling relative to inflation. this is the big squeeze the middle class keeps facing. even as we're creating more jobs, what is going on here, we have to look deeper into these numbers. my suspicion that the new jobs that are being created, gerri, are not as good as the bad jobs that were lost. gerri: i think you're right. >> i think americans are moving into jobs that pay them less than they had five or six or self years ago. that is causing a lot of anxiety among the middle class. gerri: here is the wage number i got out of the report. it is not flat.
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actually down a penny. look at private sector wages, $24.53 an hour is median average. >> yeah. gerri: that is down a penny from the last quarter. i see all kind of numbers in here. if you look at labor force participation, the lowest ever on record as i understand it, 62.7%. 100,000 people alone in the month of september decided that they were going to get out of the jobs market. that they were either, you know, so discouraged they wouldn't keep looking. maybe they retired. but i have to tell you this is not, you have to go back to 1978 to find a level like this. why is this concerning to you? >> go back to 1978, that was before the big increase in women into the workforce and big increase in baby boomers into the workforce. that is a very dismal sign. i completely agree with you. as economists we're scratching our head trying to figure out what is going on here, gerri? this is a trend going on five 1/2 years that as the economy, as the recovery, you
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know, moves on, more and more people drop out of the workforce. i mean, that is completely confounding. why is that happening? i think there are a lot of explanations. i think welfare, food stamps other programs are taking place of jobs. i also think americans are looking out there in the labor force and in the workforce and they're not seeing kind of jobs they want to fill. that gets back to our earlier point. if they're not high-paying jobs that americans wants. gerri: so, just, as you go, i want to show folks the real unemployment rate. this is the u-6 number, 11.6%. i think that really rings true with people. people understand that number. that is what it feels like to folks out there who can't get a job, can't get a full-time job, not earning what they want to earn. steve, great to see you. happy weekend. >> you too, gerri. gerri: coming up later in the show, it is cooking with gerri. i'm joined by celebrity barbecue chef, pat neely. and while the jobs report was mostly positive, wage growth continues to be a major problem
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as i said. so we're going to tell you how can you ask for a raise. how do you go about doing that? some help coming up. ♪ hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours.
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liz: if you remember president obama one place promised he'd create millions of manufacturing jobs, but like much of his proximate cause lamations it's a little more than a pipe dream. joins us now we look of how and where obama fell short. jeff. >> yeah, i think it's interesting to look at this up close and personal. there are obviously more manufacturing jobs at the height of the
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recession. if you look, is there as that in here? that is full of lubricant. you know, none of that is actually oil. it is actually all water based and what they do is they use the lubricants to make pieces like this. this is a suspension of an suv. but i tell you, if you look at the promise, the idea from the president was a million manufacturing jobs. we've got about 100 and 89,000 jobs and just 4,000 in the last jobs report. if it wasn't jennifer in the oovment industry, you'd kind of be hurting. >> 80 percent of our business is oovment. >> oovment has taken off. how do you feel about this economy going forward? i got to ask you. >> from our perspective, it's been pretty strong in terms of demand.
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i know there's questions on hiring and unemployment levels. from our side, it's been pretty business for us. >> that's because of the automotive piece of this. this is high strength steel. what happens -- that's a piece of exhaust system, by the way. when they mold these things, they use this lubricant that they make here at he remember co. so this part of it has done well, but the rest of the (?) the manufacturing economy really hasn't done we will. at all. look at that glass, we're only a quarter there of the president's goal. despite perhaps best efforts we're not there. liz: jeff, thanks for that. so we just told you the numbers of how people aren't getting wage gains. so how do you ask for a pay raise in this economy? we've got expert advice from the president of
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associates. a placement and recruitment firm. he's written five books on getting a job, keeping a job, asking for the raise. do you see folks out there frustrated with the pay they're making? >> oh, yeah, they're also afraid of going in and asking for a raise. liz: you're worried if you're too demanding, someone will take you out. how do you negotiate for a better wage when the economy is so bad. >> that's a great question. first of all, plan for asking a raise long before you need one. work really, really hard. show up early. stay late. take on a lot of responsibility that isn't necessarily yours. you've got to show real value to the company that you're working for. if you show that value, when you go in and ask for the raise, put yourself in the shoes of the person doing the hiring or your manager
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and you got to say things like, look, i really appreciate your company. i appreciate you. i appreciate the opportunity to be here. i've added value to your organization, and i'd like you to consider give me a raise. and if you can, come up with concrete examples of where you've added value, where you have made the company better. where you've saved money. liz: let's be concrete. what you're talking about, did you increase revenues. there's nothing like dollars and cents that speaks to a boss. but, you know, i can imagine and i've heard bosses say, well, tony, i'd like to do something for you, but right now i just can't. how do you respond to that? >> you want to make a decision there. what i would recommend is that you say, look, i really understand where you're at, jerry, i understand the situation of the company.
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i'd like you to consider giving me a raise just as soon as you possibly can because i've added value. is there anything else that you can do maybe give me time off. even ask for a deduct blind lease, and he got it just because it was something they could right off. can you help me out with -- my toll tags or my subway passes. can you give me a day off once a month to be with my kids or my family. ask for some pay in some other ways other than just money. and you'd be surprised. if you've added value to the company, and they really want to keep you and they like you and you tell them you appreciate what they -- they have done for you and you appreciate them, you'd be amazed at gft things companies will do. gerri: great stuff. you always provide great advice advice. have a great weekend. coming up our four owe
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1k fees too high. the supreme court may be weighing in the issue. next we go to chef pat neely and his delicious barbecue dishes. you don't want to miss this. that looks good plank how much money do you have in your pocket right now? i have $40, $21. could something that small make an impact on something as big as your retirement? i don't think so. well if you start putting that towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge might not seem so big after all. ♪ no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping.
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gerri: it is going to be an epic weekend for college football. mississippi state ole miss plays alabama. if you're not watching this i don't know what you're doing. it is the first time two mississippi schools have been ranked high at the same time and in honor of this football weekend we're cooking up some good southern food tonight. with pat neely and he has a fantastic restaurant here in new york city.
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you cook an amazing amount of food. >> you're talking about football, you're talking about fcc, you're talking about southern football. these are all our favorite dishes that we tailgate with or that we have at southern football events. three years ago we decided to move them to manhattan. we're right here and all these dishes you can find just up the block. we've got a catfish. you know catfish is a staple in the south. gerri, i need your help. this is pep rica. dump it in the bowl. this is a spice that we're going to use for our blackened. get that in there. we've got some onion powder. we've got thyme and, or he go no and we're going to get a little whisk here multiply can you whisk it, baby.
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this is really the southern staple. now, what we're going to do is sprinkle it on our catfish. just right on. right on. much love. much love. and then i'm going to flip it. gerri: we'll do it again. >> we want to a generous amount of seasoning on. and what i always tell people, blackened catfish this is the key to it is the spice. you see how it really coats the fish. that's what we want. (?) so now we take this in our restaurant and we go straight to our skillet over here, and i only use like a couple of tee spoons in the skillet. you want that skillet super hot. so i always tell people with the blackened catfish you want the skin meat side down first. lay that baby right in there. lay it in there. gerri: it's making a lot of great noises. >> she's doing her
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thing. now, here's what's really cool. because people think pat neely from the south, the only thing that we have is a bunch of fat food and all that. we're going to make -- gerri: i'm not necessarily against that. >> we're going to make a salad. a corn salad. listen, i want you to make my dressing, darling. so what we have is your ingredients for the dressing. we got a little vegetable oil can go right in. then you've got some dijon mustard. take that and there you go. you know how to make that thing happen. right? gerri: yes, i do. >> then we've got salt salt and pepper, then we've got some shallots. then we've got some minced garlic. then we have some lime juice. at the parlor we make all of our dressings homemade. that's one of the unique
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things. such a gorgeous restaurant. have you been? gerri: no, i haven't, but i will come out. >> now we've grilled some corn and we've got some baby arugula. so we're going on with our corn. then we have some cherry tomatoes. we come in with those. now, we want to take your dressing. we get a good whisk. and we're going to add your dressing right into our salad like so. then we're going to add a little feta cheese. just add a little notch to it. then we're going to turn this around. this is gluten free, which is really cool. gerri: i'm going to ask you to get to some of these other dishes. if we don't talk about this bacon my life won't be the same. >> i got to tell you the
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great thing about neely's barbecue parallel or we have candied bacon which is absolutely delicious. we actually do deviled eggs. gerri: i need to eat it. >> go ahead. we can both eat and talk at the same time. this is the catfish when it's done. blackened absolutely gorgeous. we do mac and cheese. gerri: wow. >> we got to have -- you know anything about me, i got to have some barbecue. we got some delicious ribs that we serve wet or dry. make you want to slap your mama. i love my mama. then for the dessert we have a red velvet cake. and honey our bar is knock out. with over 400 recipes of cocktails. and we do a great sang rhea. there's always something to rash it down.
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(?) neely's barbecue parlor this fall we're doing football events. we're doing holiday parties. you guys must get over there and book your reservations for your party. gerri: you are fantastic. >> i'm sponsoring and working with family dollar. we just donated four and a half million meals to feeding america. so i'm super excited about all these things. gerri: love it. we'll be right back. thank you, chef. let's feed some people. they want a little food. take them some of this barbecue. i love that. ameriprise asked people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows. umm... everyone has retirement questions. so ameriprise created the exclusive confident retirement approach.
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company mismanaged their pensions. do the workers have a case? lease, what do you make of this story? >> that's right. you got 20,000 participates in this plan. you know the 401(k) is a 6.5 trillion business at this point. they kind of blindly put their trust in these companies. there's a duty. they breached that. that's what the plaintiffs are saying here. they breached it by putting it in the higher funds exactly the same benefits, but higher fees because the managers can make money off this. >> michael can you defend this company at all. >> no. i don't think the company can be defended and i think ninth circuit said they can't be defended. the only issue has to do
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with the statute of limitations and whether the practitioners can bring their cause or whether they waited too long to bring the action. gerri: can i break in on that. you're exactly right. it's whether the six-year limitation should hold up. and i think the supreme court should be worried about expanding that definition. let's think about the human perspective here. sometimes you don't know that you've been dealt with incorrectly that your managers -- you don't know this. it takes a lot of time to bring a class-action suit. which is what happened here. sometimes you don't have money to hire an attorney. it can take years and i hope the supreme court takes that into consideration. what do you say michael? >> well, i think the supreme court will take that into consideration, and i think that they will evaluate whether or not fiduciaries and whether or not managers have a continuing duty to make sure they review
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investment strategies and that they divest from investments that are not the most efficient and that don't uphold their fiduciary obligations. gerri: i just got to say, the example in this case where they got the wrong class -- so you have several classes of shares in a mutual fund. everybody knows whose in the business, but some of them carry monster fees and for no really good reason. and that's exactly what this company bought into. how should this whole thing end. >> i think the sprout will look at both of the issues the statute of limitations and also the duty of the prudence and i think they're going to rule for the plaintiffs in this one. gerri: i guess we'll have to see. thank you so much for your help tonight. >> thank you. gerri: and still to come my "2 cents more" and next oil prices falling to a two-year low. will gas prices fall even lower. and here's your consumer
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gerri: believe it or not an overabundance of oil too much oil is forcing oil lower. prices have fallen. that's a price not seen since 2012 so why are gas prices dropping even faster. we're joined with patrick. patrick, let's start with how unusual it is for these prices to be so low. >> for the time of this year, it's relatively normal to see falling prices. we're already talking about quite a few states
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seeing subgasoline prices showing up. usually it takes until late october or early november to see those prices. we're well earlier than the curve. crude oil is -- gerri: that's actually what i was referencing was the crude oil prices. it's been some time this has happened. i think it's 18 months since we've seen this. what are the events conspiring to drop oil prices? >> i think one of the biggest that's being the most talk about is the big rise in mass production. i think oil has long ignored the fact that we have seen a huge increase here in this country. it's been paying more attention to geopolitical attentions. now, we're seeing the issues with russia, ukraine, nothing has materialized. meanwhile, the us keeps
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pumping oil. gerri: how long can this go on and do you think prices will further. >> i think the trend will continue as long as north dakota continues to see increases. that's what we've seen. three or four every month increase in oil prices. as long as the us continues on a monthly basis to increase the amount we're pumping i think that's going to continue to weigh on prices. certainly right now the saudis are concerned about this. in fact dropping the price of the crude oil, they need to spawn more demand. they're not really cutting back. i think opec has a problem brewing in all the oil countries we can see a price war break out. gerri: amen, but i see oil prices dropping like aston. while gas prices have come back they're not falling at a slower rate. why is that? >> gas prices are buying gas every two to five
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days. this is when they make their money. they're trying to hold onto profits. you'll see gas prices go down slower than crude oil prices. gerri: that's what i thought was happening. time now to look at stories you're clicking on. stocks soaring today. investors were encouraged by the jobs report which noted 248 new jobs were created in september. the dow up over 200 points. gm announcing 200 more recalls. one covers 400 cadillac srx and assault and battery nr94x suvs because rear suspension nuts may not have been tightened. gm also halted the sale of its new mid-sized trucks to fix an air bag
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issue. the lowest level since january, exports rose to an all-time high. a large deficit would mean a drag to the economy. and the talks are off the table in hong kong. protesters will no longer meet with the leaders after the mobs of people tried to drive them from the streets after their week long protest. hong kong's leader proposed the talks yesterday after refusing to are an. those are some of the hot stories right now. we'll be right back with my "2 cents more" and the question of the day who should be told first about data breaches regularities or the ♪ mr. daniels. mr. daniels. look at this. what's this? clicks are off the charts. yeah. yoshi, we're back. yes, sir! ♪ more shipping! more shipping! ♪
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especially now that i live with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. i was taking warfarin, but wondered if i kept digging, could i come up with something better. my doctor told me about eliquis... for three important reasons. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfarin. two, eliquis had less major bleeding than warfarin. and three, unlike warfarin, there's no routine blood testing. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical
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or dental procedures. those three important reasons are why eliquis is a better find for me. ask your doctor today if eliquis is right for you. your customers, our financing. your aspirations, our analytics. your goals, our technology. introducing synchrony financial, bringing new meaning to the word partnership. banking. loyalty. analytics. synchrony financial. enagage with us. gerri: jp morgan chase said its computer servers were hacked as far back as june. why are we just finding out about it now? who should be told first regularities or the
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public? we asked the question on gerri willis. 84 percent of us said the public. that's right. and finally tonight, i know we're being told that chase bank hack is not that big of a deal. i wouldn't ignore this bun. as you heard tonight the weapon choice of hackers and their attempt to steal your information. some are characterizing it as minor, it's clear they got deep in the system. chase discloses the breach to regularities last night and only told consumers today. and they still haven't reached directly out to its customers. that's wrong. reach out to customers and even offer free credit monitoring. they should treat us like they matter. that's my "2 cents more." this week we told you how to find the right financial advisor. ed joins us on how to
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fire your advisor if they're not working for you. that's it for tonight's willis report. don't forget to dvr the show neil: tonight on "cavuto", the ebola problem spinning faster than we can deal with it. and how about downplaying the terrorism threat and how about jpmorgan chase downplaying their huge hack attack rematch and let's just say that if this guy gets turned down for a mortgage, what makes you think that you will get one? the breast-cancer advertisement that is raising i is faster than awareness. welcome come everyone, i am neil cavuto. we have bad news, it is
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