. >> i've dealt to diana ross, harry belafonte, sinatra. >> sinatra was not supposed to be particularlys. he was a gentleman. but those were the good days. but it's nice now, too. >> would you describe yourself as a degenerate gambler? >> i'm trying to move past that. we have a 2-year-old at home. but i'll always have that gambling gear, no doubt about it. >> eric and erica are professional gamblers, poker players, to be precise. it's routine for them to sit down to a game with a bankroll of half a million dollars. tonight, slightly smaller stakes. >> hey, how do you like my chances? >> good. good. >> that's a trained answer. >> instead of actual poker, we are set up with a dumbed down for the camera version of texas hold 'em. you play against the house. the odds, to say the least, are stacked against you. >> oh, here's a winner. here's a winner. two pair. he's cutting up over there. see how easy it is? you got this game down. >> uh-oh. those are famous last words. >> all right. let's put out a hundred dollars, see what happens. >> all right. now we have a pair of 7s. >> i want to bet.

he would go on to work with michael jackson, luther vandross, and diana ross. the death toll from the sunken ferry in south korea is now at 108-people. 194 others are still missing, but divers are having a hard time looking for them underwater. andrew spencer has more. >> as crews recovered more bodies of the death toll rose to more than 100. a grim milestone for divers for whom the search has been incredibly difficult. >> not only us in the dark but there's sediment and stuff getting moved around. it's like a sand clout where you can't even see your hand in front of your face. >> the conditions are so bad my heart aches. we think there may be survivors but we come back with nothing and we can't even face the families. >> 6 days after the ferry capsized and then sank off the coast, divers face the thought possibility that even with air pockets there may not be anybody left alive. >> i thought of around three or four day mark wants to get past that probably not. >> it depends on how big the air pocket was. >> rescuers refuse to give up. >> i think there are stil

a lot of people remember billie holiday as portrayed by diana ross and the scene on the floor. >> yesoin addiction. >> yes. >> that ultimately consumed her. how did you balance that with reminding people that it was the music? >> well, you know, it's because, in the end, that's what billie holiday did, you know? in the end, you know, it was her music that survived. and she was someone who, even though she had to battle this terrible addiction as well as being an alcoholic, she would tell anybody who got close to her, don't do what i did. you stay away from these drugs. she was not ever once sold them, never tried to get anybody on them, tried to protect people as much as she could. >> some of my best weekends, i put in my billie holiday, the collection set and you just -- you evaporate into her world. >> absolutely. >> become consumed. of course, you won best actress tony award for "pore guy and bess," i saw you on stage. one of the brightest stars on broadway. for a lot of african-americans, especially, they feel there's no place at the table in broadway, in the audience, some of the

. >> diana ross roberts at stanford university institute. welcome to this special edition of econ talk in front of a large audience at the hoover institution's washington office. econ talk is part of the economics and liberty a weekly podcast on economics, philosophy, history, psychology -- whatever i'm interested in actually. sometimes daily life. on itunes we are econ.org. today is february 5, 2014 and my guests are charles calomiris and his pac nine. charles is a professor at a financial institution at columbia university graduate school of business and he directed for institutions regulation and little research initiative. stephen haber is the aa gene welch wallet and professor at the school of humanities and science at stanford university and a senior fellow at the hoover institution. their book is fragile by designing the political origins of thinkin banking crisis and se credit for just our topic for today's episode. welcome to today's econ talk. the clai claim of the book you t the idea to think crises are bad wall or a perfect storm