it turns out between roughly 1990 when the exxon valdez occurred in alaska and the bp spill spurred in 2010, the cleanup technology had not changed. why is that? why isn't it getting better? why can't we clean it up faster? it turns out when the oil spills occurred, the local companies would hire the fishermen to clean it up faster and faster, but there was no innovation there. we ended up funding a $1.5 million prize that wendy -- >> they couldn't get the spill dealt with. >> it was crazy. >> james cameron had just joined our board of trustees. many if you can just double the rate of owl spill cleanup you would earn thes 1. the $1.5 million. top 10 teams went head to head, the wing team increased it 600 percent. six fold increase. why wasn't that done years earlier. >> by the world's largest companies with engineers. >> there are market failures. sometimes i define the expert as the person who defines it as something that can't be done. we'll go to the nonexpertsd exerts -- nosh experts. most of which allows you to drive really true break thrust. the day before the break threw, it wou

you look at how he transformed exxon and grew that company and even though he had to deal with exxon valdezent, not ceo, there were many developments through exxon that grew that company to be the powerhouse that it is in the world. >> thank you very much. appreciate your help. >>> sue, down to you. >> the dow is now up 100 points on the trading session. the u.s. major averages are down between 3% and 7% so far this year. so where are hedge funds making money right now? we will speak with one hedge fund manager about that. he happens to be a two-time nba championship winner and good friend of ty's. >>> plus, microsoft names a veteran insider to be its next ceo. he is not a big household name, either. how these under the radar ceos perform might surprise you. [ male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the trading floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indist

the number of sea otters in alaska's prince william sound has returned to what it was before the exxon valdez oil spill, in 1989. the obama administration has issued another fix to the health care law -- this one, to help states that struggled to get enrollment web sites up and running. the change permits residents of those states to receive federal tax credits, even if they ended up buying insurance outside the online exchanges. white house spokesman jay carney. >> subsidies of aca remain available no matter how you get insurance. we're making sure cms is working closely with states to successfully implement their marketplaces. and that includes making sure that those who are eligible for subsidies are able to receive them. >> woodruff: the problems with the federal health care insurance exchange have largely been repaired. but the states of oregon, maryland, massachusetts and hawaii are still laboring to get their websites into optimum shape. a retirement surge means regional airlines in the u.s. will need hundreds of new pilots each year over the next decade, but they may not get them. the