thank you. >> lori greiner, jennifer hyman, angie hicks, so glad you were here.courage award only here on "cbs this morning." charlie? >>> earlier this morning we heard exxon mobile's ceo talk about the bp drilling disaster in the gull of mexico. he also talked about balancing the risk and reward of oil exploration. >> in terms of drilling whether it's alaska or offshore or wherever it might be is your philosophy drill baby drill? >> my philosophy is to make money. so if i can drill and make money, then that's what i want to do, but it really is for us about making quality investments for our shareholders. and it's not a quality investment if you cannot manage the risk around it. and so part of that decision to undertake whether it's a drilling program or investment program in some other country, we have to have a very good understanding of what risk are we dealing with, how are we going to manage those? because you may have a fabulous opportunity, but if you manage the risk poorly you've cost you're not only that opportunity but many others. >> as you know many

let's bring in bill greiner, the c.i.o.wealth advisers and number 4 on barron's top 100 financial advisers. he's your "fast money" adviser tonight and will bring you the best ideas for a longer-term asset allocation and retirement planning. great to have you with us, bill. >> pleasure. thanks for having me. >> how should your portfolio look in this kind of a market? >> the area we're looking at right now as far as fresh capital is concerned, we're asking ourselves the question of has the train left the station as far as the markets are concerned? we really don't think they have. but the area in the world we're look at -- and we really look worldwide for opportunities, and the opportunities we're seeing right now we're looking for quality and growth and also valuation. the area we're look at very closely are the emerging markets. and this is an area that a lot of people haven't talked about over the last year or so because the emerging markets in dollar terms are down about 1% over the last 12 months as compared to the s&p a

greiner from baylor had three dunst. >> i don't watch kids playing basketball. >> this one is a womans 6'8" and has more dunks in the ncaa than all players in history. they beat florida state by 50 points. >> i don't know what any of what you said means. >> shepard: this from a person who wants to watch what? >> the sixth nation's rugby. the only sport that matters, rugby. >> shepard: jonathan. thank you. you remember the context, while that matters, there from the president because remember the secret service had the huge prostitution scandal, getting it on in colombia while the president is there. for the first time they don't have a man in there. this time there's a woman. a woman heads the c.i.a. and they said -- i mean the secret service and the vice president said all the agents are excited but new leaf turned and away we go. >>> stunning new details on the gunman in the shooting massacre in arizona. we're learning the guy's parents, the shooter, this guy's parents, were so worried about his bizarreo behavior they took his gun away. that was before jared lee loughner killed six

greiner the dunk, her first on the home floor since she was a freshman. have another look at it.nother look. spectacular shot if you didn't see it yesterday. high school play off, new rochelle looked like they were going to lose it but it's a victory for them as calell steals a shot, throws it in and it goes. new rochelle 61-60 over mount vernon. that kid is a hero. they first ruled it no good. then they looked at it and it is good. >>> you're going to see plenty of nfl players changing uniforms one of them will be the soon to be place kicker for the 49ers david akers at age 38 coming off

greiner the dunk, her first on the home floor since she was a freshman. have another look at it.big 12. it's worth yet another look. spectacular shot if you didn't see it yesterday. high school play off, new rochelle looked like they were going to lose it but it's a victory for them as calell steals a shot, throws it in and it goes. new rochelle 61-60 over mount vernon. that kid is a hero. they first ruled it no good. then they looked at it and it is good. >>> you're going to see plenty of nfl players changing uniforms one of them will be the soon to be place kicker for the 49ers david akers at age 38 coming off