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tv   MONEY With Melissa Francis  FOX Business  May 28, 2015 2:00pm-3:01pm EDT

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story. on a programming note "risk & reward" goes from being a lunchtime show tock a cocktail hour show we are very excited. monday june 1st, "risk & reward" at 5:00 p.m. eastern time, 2:00 p.m. pacific time. melissa francis is here and "money" starts right now. melissa: save me a cocktail. fifa's president refuses to quit despite $150 million bribery scandal that rocked the international soccer world. not losing money on purpose. exxonmobil ceo rejecting calls to invest in renewable energy saying he can't fake how he feels about climate change. giving hillary a run for her money. the polls show two gop candidates have a serious chance of beating her, plus the one thing she promises not to do if she makes it to the white house. no relief in sight, the storms have stopped and widespread flooding continues in texas. we'll take you there live.
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and google's game-changer you search and press the button? look out amazon even when they say it's not, it's always about "money." the captain refusing to go down with the ship. fifa president sepp blatter digs in heels as europe's futbol association pressures him to resign after corruption, blatter deflected any blame for the scandal today. >> many people hold me ultimately responsible for the actions and the reputation of the futbol community. i cannot monitor everyone all of the time. if people want to do wrong they will also try to hide it. melissa: he's kidding right? i'm talking to dow manager of
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the "wall street journal" and legal analyst lis wiehl people dare to hold me ultimately responsible. that's not fair i'm only the president. i'm only in charge. isn't that his job? the buck stops with him. >> because he's swiss or living in switzerland, in the united states people know enough not to say i was in charge and i'm not responsible and people do bad things, they'll try to hide them until the prosecutors catch up. this is one of the organizations like the international olympic committee that answers to no one and started in the 20th century as little organizations they have grown into multimillion dollar global enterprises with obviously no tight oversight and fifa finally hit the wall. melissa: and massive amounts of corruption jack. >> it's clearly time for blatter to be relieved. [ laughter ] >> dan heninger is too good for the joke.
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melissa: right for it! >> deeply entrenched. >> the thing is you mentioned the prosecutor here, they made the nine charges right now. you know they're getting all the guys lawyered up and everything, they're trying to relieve blatter absolutely. he's a top guy but the way you get to the top guy is talk to people under the top guy who will get you there and get to you what they say he knew. melissa: it's amazing the whole thing is riddled with corruption he's trying to get another term at this point? >> he is his opponent is the jordanian prince. melissa: he may not lose though! >> i think as the pressure mounts hourly he may lose. he does not have the support of the european futbol federation, eufa, if you don't have the support of the europeans he has the support of vladimir
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putin. the same thing he did to julian assange and americans snowden. melissa: one of the 100,000 households hacked by the irs cyberattack. the irs believes the criminals were based in russia. our own blake berman has more from d.c. blake? >> good afternoon to you, sources have indeed told fox the data breach originated out of russia. the investigation expanded as the fbi announced this morning it will try to determine the scope of this scam. what still remains unclear the level which this was directed in
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more severe than previously thought. in march, a report from the government accountability officer said the irs made improvements to cybersecurity but were not good enough. here's the, quote -- certainly not the warning you want to hear there, melissa. melissa: no absolutely not. blake, thank you so much for the update.
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president obama using visit to the national hurricane center today to warn that climate change will make storms more intense. but the ceo of exxonmobil isn't on the same page. rex tillerson telling shareholders the jury is still out on climate change pushed back calls for exxon to invest in renewable energy saying we choose not to lose money on purpose. my panel is back to discuss this one. jack people say attack him for not believing in climate change but he chooses not to lose money on purpose that's his legal duty. that's his fiduciary responsibility is to make money for shareholders. >> it is a fiduciary responsibility, and exxon is really an anomaly. if you look back over the past half century or more in the u.s. stock market, there's a curse when the company is the biggest company in america it suffers a fall from grace. exxon is the only one to really defy that. it was on top and it's still hanging around the top. if it wasn't for apple, it
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would be the biggest company in america, you don't get that way by worrying about things that make you money you look out for the bottom line. melissa: shareholders green energy survives on government mandates that are not sustainable. he doesn't want to do that. that's the knock on elon musk, we criticize elon musk for living on government subsidies, he's saying that's wrong. >> the renewable energy does need subsidies, with the price of oil falling, more subsidies than ever. tillerson jack is exactly right before rex tillerson there was lee raymond it is run by key, shrewd people who keep their eye on the ball. >> all of this came forward why don't we hire one expert to find out about that. that measure only got 21% of the shareholders -- jumping up thinking about it. how can he go forward with only
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that 21%. melissa: he's making the statements, i interviewed him in the past. we'll invest in renewables when that is the source of energy we're all about -- so he danced around in a way that is palatable, if solar is the thing, we'll do that. he's like forget it. i'm not doing it it doesn't make money. >> doesn't mean there shouldn't be investments like this. melissa: a rare feather in the cap for white house hopefuls. quinnipiac poll finding of the entire gop field, senators marco rubio and rand paul are the only real threats to hillary clinton. if the election were today. she would be jump 4 percentage points and jump about 10 point. they actually say rubio walker are the two to beat hillary clinton.
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you think rand paul is the other one? >> i do not. last week rand paul has damaged himself to attacking his own party saying they created isis position on the national security agency. i think his star is falling. interesting thing in the poll is marco rubio. suggests that marco rubio who has been rising and impressing a lot of people may be moving into the absolute top tier with jeb bush and scott walker. melissa: i would ask either of you two isn't this the number one thing the republicans are focus onned. we know it's hillary clinton, why don't they focus owho could beat her? >> absolutely the only criteria. i agree marco rubio. coming from nowhere in the sense of the national playground. >> bush would have been the answer to who could beat hillary clinton, all the numbers we're seeing point to better and better results for rubio. melissa: absolutely. as gop contenders fight to take on hillary clinton she's turning the conversation to the
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issue that people really care about her hair. >> now let me tell you, i'm aware i may not be the youngest candidate in this race, but i have one big advantage i've been coloring my hair for years. you're not going to see me turn white in the white house! >> why is she doing a southern accent? what was that? is it me? was she doing a southern accent? what was that? not only the hair thing. she's in south carolina so she threw the accent in there? jack, does that play? do you feel good about that? >> in posh westchester county new york does she do the accent? melissa: i don't know. what was that? >> cool and refreshing and keeping it real having her talk about it. melissa: come on, no. >> trying to humanize herself. melissa: first of all, she's got comedy writers, and somebody wrote that for her. >> it was kind of funny.
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>> the weird accent was so distracting but the point is she can talk about her hair but nobody else can. you are a sexist if you talk about her appearance. >> or the pant suits. >> her lawyers' hair may turn white. [ laughter ] >> well played, my friend. thanks, guys. the thunderstorms may be gone but the danger isn't. texas is bracing for more deadly flooding as runoff pours into rising rivers fox news's will carr is live with the latest in houston. >> reporter: sunny out right now this area is under a flash flood warning, expecting more storms in the coming days. at the same time residents in southwest houston are cleaning up their homes for the first time. we want to show you what they're seeing pretty much every yard in the community has been piled up with personal belongings couches mattresses, everything that got soaked by the flash floods. this is a very close community and throughout the course of the day, we've seen people coming over, helping their neighbors out, asking if they
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can help move heavy items to the front yards and want to show you some of what they incurred on the inside with the damage. now this home actually had a foot of water. they've given us permission to come inside and show you. so down here, they actually had to cut out this part of their wall because they had water up to here. they had to let the water get out. this could take weeks maybe months to get back into this home to make this home livable again throughout the course of the day. we've seen insurance adjusters going home to home trying to figure out exactly how much help each and every resident is going to need. melissa? melissa: will, thank you so much. life after lehman brothers. dick fuld's murky investment secret. the former ceo makes his first public appearance since the collapse, and charlie gasparino on the scene watch out, dick. raising alarm over the taliban five, new concerns the former gitmo prisoners will
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return to terror now. more "money" coming up.
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. melissa: very nervous dick fuld speaking for the first time since lehman's implosion in 2008. why was he so nervous? might be because charlie gasparino's story about latest murky deal. charlie joins us with the exclusive details. charlie i heard he shook your hand. >> yeah, it was kind of, he came out after the speech today at this microcap conference in midtown manhattan he had a scowl on his face and believe it or not, when he saw me he smiled shook his head and we shook hands and he jumped in his car, actually he fell and jumped into his car. you got the feeling today by watching him speak it was a pretty rough day for him. the first time he spoke since the lehman brothers collapse in 2008, and, you know, as i predicted early on today,
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maria's show he didn't address much about lehman brothers as a lot of people thought he would. why is that? if you read my story on foxbusiness.com which gets into post-lehman life working in the penny stock business, and one deal that ended tragically with one of the people associated with it committing suicide as fox business was reporting. dick fuld, in that story dick fuld faces pending regulatory investigations by the sec, securities and exchange commission and elsewhere. for him to talk about it would have been problematic. he did speak about stuff about lehman, he defended his tenure there said lehman wasn't bankrupt. that is something dick fuld believes and believed for a long time. he believes lehman fell victim to liquidity squeeze, if the panic didn't happen and the government then the treasury secretary helped bail lehman out lehman would be in business today. he blames the regulators.
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he did a little bit about lehman and his new business. let's be honest part of my story on foxbusiness.com. dick fuld has gone from wall street royalty which is what he was at lehman one of the biggest investment banks to a penny stock guy. that's what he does right now. gets involved in very small deals. they call them microcap companies that's what the conference was a microcap conference. the bottom line is that's the arena he's in, and a risky arena, a lot of the deals are risky companies don't make it. some of them are frauds, as you know we've been covering a lot of that lately about frauds in the stock market. so that's where he was today, i think dick fuld would do well to stop scowling every time he sees a camera. maybe he should see me more, he did smile. melissa: are you sure the scowl wasn't for you you got a little smile. >> no he smiled when he saw me and shook my hand.
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melissa: charlie gasparino, thank you for that. few stories on the radar, mcdonald's employees have to follow guidelines, set in a 31 page manual. order takers will repeat the order to the customer which is then reiterated all over again when you roll up to the cash ear. that's going to take time. yum brands is thinking about home delivery service. food from taco bell and kfc may be delivered to your doorstep. i like that. it would not be an all-day thing. uptick in demand at colleges and weekend evenings who would likely deliver during those times. buzzfeed is considering going public. the popular website famous for articles on cats announced plans during a tech conference thought to be valued at nearly a billion dollars. turning music fans into investors the new way you can make money by supporting your
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favorite artists? plus a new disease with ebola-like symptoms comes to the u.s. have you heard about that? smart money on the way.
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switch to liberty mutual and you could save up to $423. call liberty mutual for a free quote today at 1-888-438-9061 see car insurance in a whole new light. liberty mutual insurance. . melissa: dangerous mistake by the u.s. militahrax sent from a research facility run by the department of defense. the deadly substance sent across the country to nine states, including california and texas. some samples were sent overseas to a research lab in south korea? they were sent out using commercial shippers and the cdc is in damage control mode trying to get them all back to a safe place. four lab workers in the united states are receiving treatment for possible exposure.
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the number is much higher in korea where 22 people may have come in contact with it including army personnel. and tracy morgue an reaching a deal with walmart, the comedian left seriously injured after a walmart truck crashed into his limo last year. the truck driver had not slept in over a day. lawyers say the two sides were able to reach a deal for undisclosed amount. i saw him today. for real. in new york. ebola-like disease makes its way to the u.s., a new jersey man pronounced dead from lhasa fever after returning from a trip to west africa the virus rarely seen in the u.s. is prevalent in many of the same countries hit by the recent ebola epidemic. joining me is manny alvarez the foxnews.com senior managing editor. i haven't heard of this one.
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>> this is a hemorrhagic type of fever similar in symptoms to ebola and killed a lot of people in west africa. melissa: how is it different from ebola? not quite as deadly. >> the ebola has 70% mortality rate, this has 1-5% mortality rate. it does create a lot of complications for patients especially pregnant women, they have miscarriages when you get lassa fever. melissa: this man from new jersey was not identified but died on monday after being diagnosed. he came in through the airport and was monitored and didn't have a fever right? >> well, the whole thing is it teaches the lessons that we have a lot of loopholes and gaps monitoring people from west africa. when he arrived at the airport they gave him an id card,
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monitor the temperature, and if you go to the hospital show them the card. he went to the hospital with a fever a couple of days later. the hospital says we asked where he came from, he didn't disclose that. they sent him home. he got worse returned, they got the picture together and transported the patient to ebola medical center, newark medical center. this system is not working because what they should do, instead of giving them a piece of paper, they should have a database so doctors who say okay, he's not telling us a clear story, look at the database to see if he has traveled to west africa. if his name is there you take the precautions. lassa fever is treatable. if you treat it in the early stages, there is medication to treat lassa fever, antiviral medication is quite effective. you have the fear of exposure to lassa fever and a poor individual that died because of not fully cooperating.
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melissa: dr. manny thank you so much. >> thank you. melissa: google is making it much easier for you to spend all of your money. how a new buy button could change the way you shop. just what we need? keeping your eye on the taliban five why the gitmo graduates could be free to roam anywhere come monday. more "money" coming up.
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♪ melissa: the travel ban is about to be lifted on the television five. freda last year by the obama administration in exchange for boulder goal. now they could be free to travel around the world as early as monday. a fox news military analyst.
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captain nash, let me start with you. these five guys, these are bad guys. transferred to on, moe a. he was army chief. now he will be out to do what he likes. how do you feel about that. he never should have been given that status. he walked off. everybody knew it. mike mullen and the general who was the senior american officer in afghanistan at the time. everybody knew this. our senior military officer in afghanistan knew about it. we went through this grid and rule in the rose garden. jumping up on the stage.
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it is a great day. we got them back. they all knew that he walked off. melissa: and a lot of people are asking how hard it would be to track them. does it really even matter? we know exactly what they are going to do. one was the taliban and deputy intelligence chief. they have terrific resumes. >> they are often up and running. taking the fight against the afghan government. this is the obama outrage of the day. no other way to explain it. the original deal was a terrible unacceptable deal to exchange for these five. and then to send them to cover for 12 months.
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after that, they would refigure out what they were going to do with them. obviously, they will be back on the battlefield. when we do get confirmation what if anything, will it mean to the obama administration? >> they will blow it off. there is a rate. it happens for the low level guys. once they even approach the subject and start talking with the taliban leadership, even considering giving up these five guys they were had. i want to play poker with them. i will be a rich man. melissa: thanks to both of you. adam shapiro has an exclusive report. the same people responsible for the scandal in the first place.
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joining us now from the newsroom. this is an amazing story adam. you have an organization. the cheating scandal and hiring changes that we uncovered here on fox business. the 3000 men and women whose job applications had been discarded by the faa some of them have filed equal opportunity employment complaints. it turns out that the faa has been assigning those companies to workers who happen to also be members of, you guessed it. a lawyer representing one of the people come training to the legal counsel at the faa. they only goal he interfered with the hiring process. the caseworker. a direct and unwinnable bull
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conflict of interest. in this particular case, mr. hill was removed. guess what happened. just last week, one of the people who came public about all of this, his caseworker started to tell him that his case would be thrown out. he demanded a new case. he got a new caseworker. we have been trying to get answers. trying to figure out if the organization was behind the cheating. he kept saying no comment. no comment. they have never responded directly to fox. the organization has never engaged in cheating. melissa: thank you so much. watch out amazon. google is one step away from taking the spotlight. with me now a contributor to
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the street.com. jack is back as well. this makes a lot of sense. they want you to click and five. >> they are definitely chances that it will increase impulse shopping. also i think that this will help consumers find the best prices. keep a good budget, keep a good list of what you are shopping for. you could actually come out ahead. melissa: i use amazon prime now for the first time today. the click and do get it in an hour. the shipping was free. i already got a confirmation that it is fair. it is all about instant gratification online. >> amazon has done a tremendous job of building loyalty.
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i am not sure that the google initiative is the big threat with amazon right now. there are so many things about google that they have yet to really monetize or market. so many things that they are tinkering around with behind-the-scenes. >> it gets you interested. one of those impulse buttons. it will be all about capturing while you are there. >> the big driver behind this is mobile. it is making it a lot easier. there is a degree of security, i think. just putting your credit card into one place. >> i should have had my phone out. >> i have bought three things while you were talking. thanks guys. go pro proving it is no one trip
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pony. not one but two brand-new products. wall street is loving it. how artists and fans are creating a new kind of record deal. at the end of the day it is all about money. ♪ you are looking at two airplane fuel gauges. can you spot the difference? no? you can't see that? alright, let's take a look. the one on the right just used 1% less fuel than the one on the left. now, to an airline a 1% difference could save enough fuel to power hundreds of flights around the world. hey, look at that. pyramids. so you see, two things that are exactly the same have never been more different. ge software. get connected. get insights. get optimized.
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♪ melissa: i am melissa francis with your fox business brief. it is getting a lot more expensive to buy a home.
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mortgage rates surging to the highest level we have seen in years. the average rate for a 30 year fixed rate -- acquiring broad comp. $37 billion. creating a new larger rival. george petoskey. the republican stressing how he won three terms as governor. that is true. he has his work cut out for him. he barely registered on the latest fox news poll. that is the latest from the fox business network. giving you the power to prosper. ♪
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melissa: let's get loud. one company is offering a new way to make music. we have the cofounders of loud. thank you for joining us. what is it all about? >> you partner with your favorite artists. you earn real money. fans actually earn money promoting the music that they love. melissa: how do you do that
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practically? you have a son that you love and you go and share it? >> you download the app. you share the records via any of your social networks. tax one of your friends. had a little message to it. melissa: what do you get? how much? >> the tween one and $5. it depends on how much you partner with the artist. people with number one hit singles. we know that bill o'reilly has a secret dream to be a rockstar. [laughter] melissa: wow. i love that idea. i just want to be a part of that. that is perfect. is there a need for this right now? >> yes. music matters.
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right now the music business is suffering so much. we decided to band together as musicians and businessmen. let's not complain about it, let's actually solve it. at the end of the day all of the revenues come from the fans. melissa: you guys look bloated to me. rolling like rock stars. you guys are rich. what do you mean suffering? >> wells fargo checking account. [laughter] melissa: what is the problem really? >> multiple decades now of the economics of becoming nonviable. what we have is artists that need multiple albums. artists that we love. youtube, johnny cash. companies are taking a different
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economic stance. that was the premise of why we started this. the next bob dylan does not stand a chance. >> your uncle is john tash. >> he is somewhere down the line. i have actually met him twice. melissa: you are so honest. i love that. [laughter] melissa: he told you good luck. good luck. what is the biggest headwind for new artists right now besides this? what other problems are there out there? >> just a lot of noise. it is better to build a community and inspire them and help them share about. melissa: if you are on social media and you are out there no
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one will follow you. it makes sense as a business model. you love this song and people start to follow you. >> right. they will be leveraging loud. your digital word-of-mouth. that is how we all find our music. >> no. melissa: thanks, guys. check out shares of go pro. surging today as they announced plans for two new gadgets. nicole: you have to know those. go pro up three and a half dollars at this point. a gain of more than 6%. announcing products. a camera, camera as i should say.
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six cameras all in one. retailing for over $3000. each of those six cameras can be used individually or you can capture the entire visual with all six cameras. the other project they are working on is a quad copter. it is a drone basically. it will be available in 2016. that will obviously be very costly. over $3000. the options market is really being called three-one. adding to the upside on this stock. heavy volume. melissa: thank you very much. there may be room in your budget this summer. we will tell you why some airlines are slashing prices on some airline tickets. these guys are definitely in vacation mode.
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you can never have too much money or too many hamsters. ♪ ♪ ♪ ♪ ♪ ♪ ♪ the ones with the guts to stand apart - join a league all their own. ♪ the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do.
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melissa: whether it is on wall street or main street, here is who is making money today. get them while you can. airlines dropping prices. all things come with a catch. not as many upgrades on the coveted seats. americans lavishing more than $30 billion in 2014. of 71% in the last 15 years. according to new data released by the "wall street journal." the golden state warriors finishing off the houston rockets last night.
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advancing to the nba finals for the first time since 1975. taking on the cleveland cavaliers. tune in tonight for back-to-back episodes of strange inheritance. highlighting a family whose business was devastated by super storm sandy. will some be able to save their store? it all begins tonight on foxfox business. let's check in with liz claman. liz: we have pending home sales looking the best in nine years and the markets fall. we will let you in on why the stocks are moving lower. so freaked out by charlie gasparino holding a microphone near him that he stumbles trying to get into his car.
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the exclusive story on a new investment that involves a recent suicide. putin prances into the fifa. accusing the u.s. of engineering the whole thing. he says the u.s. did it to snatch the world cup out from russia's bear clause. you see him showing his muscles and doing what he does best. [laughter] melissa: absolutely. find out why being first in line may put you last place for getting the job. at the end of the day it is all about money. ♪ you probably know xerox as the company
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that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every month? or how about processing nearly $5 billion in electronic toll payments a year? in fact, today's xerox is working in surprising ways to help companies simplify the way work gets done and life gets lived. with xerox, you're ready for real business.
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. melissa: so you didn't get the job? now you can blame more than just your credentials and interview skills. the secret to winning a job may have to do with position in the
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interview lineup. the fourth person to be interviewed is more likely to win the position than any other candidate. back with me are jack and lauren. this is not surprising to me at all when i was going on commercial introduce, it was death to go first you wanted to go third or fourth they had a better idea what they were looking for, more warmed up. does this surprise you? >> i don't know how you know a thing like this. people look for a job have enough to be nervous about now they have to worry about place in line. melissa: where the interview was in the order. this is math. >> what matters most is the number of attempts. go for as many as you can. if you're done interviewing, you went second. put on a fake mustache -- [ laughter ] . melissa: that makes a lot of sense. do you believe this? >> i think the thing that stood out is you have five to eight minutes longer if you are
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fourth in line to make an impression. the other thing that is interesting to have a firm handshake make eye contact, those things matter more than experience or education. try to make an impression as quick as you can. melissa: that's a great point. that was really surprising that the actual impression, in some ways it makes sense you are interacting with other people. i do this to my husband when we're deciding where to go for dinner, i never say out of gate where i want to go. that's like you throw that one out the first person that interviews. >> i was focused so much on maintaining contact. this is one to try. melissa: all right, two pina coladas, one for each paw, before we go anywhere have you seen this? these are our favorite tiny hamsters, they're back. this time the furry friends are living their best life at a tiki bar. enjoying umbrella drinks, do
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you think that's the fourth drink. we figured out fourth is the best number. we're going to meet you there. it's 5:00 somewhere. what do you think of the tiki hamsters. we've seen them eating sushi, tiny thanksgiving dinner. now the hamsters are polynesian this time. look, lovely, jack, what do you think? >> in my day, we gave our hamsters beer or whiskey. no umbrella drinks now it seems like everybody has gone soft. melissa: do you think that is why they're moving me to 4:00. this is cocktail hour kind of thing i'm taking the hamsters with me. i'm thinking they're going to have cocktails. thanks to both of you, that is all we have for now, i hope you are making money today. and don't forget my big move coming up next week, starting june 1st. i'm joining david asman "after the bell," that is weekdays at 4:00 p.m. eastern. it. right now i'm handing it off to
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liz claman, on monday, she's handing it off to me at the end of her show. liz: yeah! >> take it away liz claman. liz: thank you melissa francis. former employees have been waiting seven years for answers the infamous dick fuld, the man at the helm of lehman brothers when it came to its knees long-awaited return. there is a sign he won't be showed to the public and only charlie gasparino knows it. we'll bring it to you in a moment. beating out queen bee taylor swift the concert to see, and stubhub tells us how it's going to do it. even this man is weighing in on the fifa scandal. vladimir putin jumped off his horse and jumped to the defense of fifa president sepp blatter accusing the united states of overstepping its bounds. is he right? the last hour of trade. let's start thedown.

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