absolutely fantastic, appreciate your liz: "money" with melissa francis is next. melissa: i am melissa francis enters what is "money" tonight. crisis management for the fed. they said bernanke never should've opened his mouth this week. with the fed making a financial mess, how to prepare with what is coming next. and surviving the apocalypse in style. california developer opening the world's largest doomsy shelter and resort. where do i make my reservation? man behind it is with our spirit and who lost money to a? so much money it would make john rockefellercry. even when they say t is not, it is always about "money." ♪ melissa: it ithe end of a very tumultuous week on wall strt and its time for some street crisis management for the fed. you are enring the spin zone. ben rnankeetting flight for statements he de aut the possibility of using off the bond buyingrogram coming two days of ththe fed chrman was basically fired on the charlie rose show. i don't know if you saw this, lots of moving pieces but we want to let you know what you have to do to protect yourself

"money" with melissa francis is next. melissa: i'm melissa francis here is what is money tonight.ith whitn breaks ou the crystal ball and states that make a surprise comeback. she joins us with a new forast yoyou willnly get right here. >>> plus an ominous warn ing from whistle-blower edward snowden sneaking by everyone. the nsa may have bigger problems than china to worrybo. foer congressman ron paul joins us with reaction. "who made money today"? they're probably enjoyg more than a few pena coladas. that is your clue. find out who. even when they say it's not it is always about money.

. > money with melissa francis is next. melissa: i'm melissa francis and here's what's "money" tonight. the irs has been doing such a great job. itits employees are getting $70 million in bonuses. waitwhat? how on earth is this possible? congressman john mica tells us if insanity can be stuff stopped >>can money be pulled out of politics forever. owner of ben & jry's will be here to tell us now. >>> "who made money today"? not even a recall could stop him from making money. not sure who it is? stay tuned and find out. at the end of the day it is always about money. melissa: we start with a brand new irs shocker today. reportsre out that the disgraced agency is about to pay out $70 millioin bonuses to its employees. i know, is scandal louse, piling on to the orageous stories we've been reporting one after another. here with reaction is congressman john micaho is on the oversight committee for government reform as well. welcome back to the show, congressman. >> good to be with you and bad to hear this latt nnws on the irs. mel

and david axelrod next it "moneh melissa francis. we'll se you tomorrow. melissa francis and here's what's money tonight. conservative groups fire back at the irs. targeted leaders detail rampant harrassment to congress. now red flags are being raised about the epa doing the exact same thing. >>> a former trader a memoir blows the roof off ll street. drug, insider trading, you name it. how much is all that driving the latest scandals at places like sac capital? the author gives us the juicy details. >>> plus who made money today? investors gulping down profits from one energy drink company. stay tuned for the afternoon pick me up. even when they say it's not, it is always about money

. > money with melissa francis is next. 'm melissa francis and here's what's "money" tonight. the irs has been doing such a great job. itits employees are getting $70 million in bonuses. waitwhat? how on earth is this possible? congressman john mica tells us if insanity can be stuff stopped >>can money be pulled out of politics forever. owner of ben & jry's will be here to tell us now. >>> "who made money today"? not even a recall could stop him from making money. not sure who it is? stay tuned and find out. at the end of the day it is always about money.

"money" with melissa francis is next. melissa: i'm melissa francis here is what is money tonight.ks out the crystal ball and states that make a surprise comeback. she joins us with a new forecast you will only get right here. >>> plus an ominous warn ing from whistle-blower edward snowden sneaking by everyone. the nsa may have bigger problems than china to worry about. former congressman ron paul joins us with reaction. "who made money today"? they're probably enjoying more than a few pena coladas. that is your clue. find out who. even when they say it's not it is always about money.

"money" with melissa francis is next. lori: have a great night everybody. thanks for joining us. 'm melissa francis and here's what's "money" tonight. the government wants 2.7 million chrysler vehicles off the road. as if an accident could make them burst into flames but chrysler says no. it won't recall them. is it asking for a financial train wreck? >>> plus, how do you become the most popular airline in america? do exactly the opposite of your competition. allegiant air's ceo tells us exclusively how they're conquering the friendly skies. >>> who made money today? the mysterious winner of last month's $590 million powerball jackpot, the biggest ever, and they finally came forward. stay tuned to find out who cashed in. even when they say it's not

"money" with melissa francis is next. melissa: i'm melissa francis here is what is money tonight. meredith whitn breaks ou the crystal ball and states that make a surprise comeback. she joins us with a new forast yoyou willnly get right here. >>> plus an ominous warn ing from whistle-blower edward snowden sneaking by everyone. the nsa may have bigger problems than china to worrybo. foer congressman ron paul joins us with reaction. "who made money today"? they're probably enjoyg more than a few pena coladas. that is your clue. find out who. even when they say it's not it is always about money. melissa: tonight we'll start with a very special guest wall street's st famous oracles. she predicted a subprime cris. she i back with a new book, state of the states, rewriting the geography of the u.s. we'll talk about all of that. it is a fantastic book..3 why she says that the central corridor of the country is poised to become the new economic backbone of america. on a day when the marketsell triple digits we have to start with some of the biggest issues facing the economy today. thanks

absolutely fantastic, appreciate your liz: "money" with melissa francis is next. am melissa francis enters what is "money" tonight. crisis management for the fed. they said bernanke never should've opened his mouth this week. with the fed making a financial mess, how to prepare with what is coming next. and surviving the apocalypse in style. california developer opening the world's largest doomsy shelter and resort. where do i make my reservation? man behind it is with our spirit and who lost money to a? so much money it would make john rockefellercry. even when they say t is not, it is always about "money."

and david axelrod next it "moneh melissa francis. we'll se you tomorrow. melissa: i'm melissa francis and here's what's money tonight. conservative groups fire back at the irs. targeted leaders detail rampant harrassment to congress. now red flags are being raised about the epa doing the exact same thing. >>> a former trader a memoir blows the roof off ll street. drug, insider trading, you name it. how much is all that driving the latest scandals at places like sac capital? the author gives us the juicy details. >>> plus who made money today? investors gulping down profits from one energy drink company. stay tuned for the afternoon pick me up. even when they say it's not, it is always about money >> agents and agencies of the federal government do not understand that they are servants of the people. they think they are our maers and they are mistaken. i'm not interested in scoring political points. i want to protect and preserve the america that i grew up in. the america that people cross oceans and risk their lives to become a part of. and i'm terrified it

liz: "money" with melissa francis is next. enters what is "money" tonight. crisis management for the fed. they said bernanke never should've opened his mouth this week. with the fed making a financial mess, how to prepare with what is coming next. and surviving the apocalypse in style. california developer opening the world's largest doomsday shelter and resort. where do i make my reservation? the man behind it is with our spirit and who lost money to a? so much money it would make john b rockefeller cry. even when they say t is not, it is always about "money."

liz: next it "money" with melissa francis. we'll see you tomorrow. here's what's money tonight. conservative groups fire back at the irs. targeted leaders detail rampant harrassment to congress. now red flags are being raised about the epa doing the exact same thing. >>> a former trader a memoir blows the roof off wall street. drug, insider trading, you name it. how much is all that driving the latest scandals at places like sac capital? the author gives us the juicy details. >>> plus who made money today? investors gulping down profits from one energy drink company. stay tuned for the afternoon pick me up. even when they say it's not, it is always about money

melissa francis is the host of money with melissa francis, weekdays 5:00 p.m.n fox business network. good evening, melissa. what's behind today's roller coaster ride? >> a lot of it was really inspired by the bond market, we saw a lot of selling there. right now, the bond market is the epicenter of panic. that's where they're hanging on every word from ben bernanke to try to see if he is going to begin selling, what's going on there. they want to beat him to the exit, sell before the government starts selling. stocks in turn, we are watching them react. we saw a roller coaster ride. it is important for viewers, anything related to interest rates, and we do, mortgage, car rate loan, student loans, whatever it is, credit cards, dependent on interest rates, keep an eye on this as well. >> not to mention national debt tied to all of that. >> great point. >> also trouble brewing in china, making investors nervous. what about that. >> without question. i mean, the government is trying to call this a controlled implosion. they have a credit bubble like we did during t

"money" with melissa francis is next. melissa: i'm melissa francis and here's what's money tonight.er spy for china? one of china's foremost experts make that stunning declaration. he joins us with details. >>> plus, get all your vitals in the comfort of your own home. a new device could prove a breakthrough for the health industry. it gives your about ten seconds. i tried it. the man hyped it is here for a live demonstration. it is pretty cool. >>> "who made money today"? one of the nation's biggest investors who refuses to give up on old media. can't figure it out? stay tuned to see who it is. even when they say it's not it is always about money.

fox business news anchor melissa francis is in new york to help us sort it all out. melissa, why are the markets so nervous? >> reporter: you know, it's amaze, ben bernanke didn't even say that much. what he said was that if the economy continues to grow at the pace that it is he may start trimming that bond-buying program by the end of the year. not that he's going to stop it all together. not that they're going to sell their enormous balance sheet. nothing like that. they just may start trimming it. that sent the market absolutely reeling. and it shows you that this unprecedented program that has been started by ben bernanke, the dismount from this, isn't going to be pretty. >> let's look at this a different way. if bernanke is talking about easing off the stimulus even a little bit, d ton that mean the economy is improving? isn't there some good news here? >> it's true. it does mean that. but if you look around the funds are better but they're not that strong. we got some jobs numbers today that were pretty good, some housing numbers, existing home sales that were

"money" with melissa francis is next. melissa: i'm melissa francis and here's what's money tonight. is edward snowden an under cover spy for china? one of china's foremost experts make that stunning declaration. he joins us with details. >>> plus, get all your vitals in the comfort of your own home. a new device could prove a breakthrough for the health industry. it gives your about ten seconds. i tried it. the man hyped it is here for a live demonstration. it is pretty cool. >>> "who made money today"? one of the nation's biggest investors who refuses to give up on old media. can't figure it out? stay tuned to see who it is. even when they say it's not it is always about money. melissa: tonight we start with a shocking new suspicion of nsa whistle-blower edward snowden, is he in fact a spy for the chinese government? snowden keeps leaking information to china, the latest revelation being the u.s. has more than 61,000 hacking operations around the globe, and that we specifically been targeting the chinese. everyone has been wondering why he chose to hunger down in hong kong to begin

. >> money with melissa francis is next. ncis and here's what's "money" tonight. the irs has been doing such a great job. its employees are getting $70 million in bonuses. wait, what? how on earth is this possible? congressman john mica tells us if insanity can be stuff stopped >>> can money be pulled out of politics forever. owner of ben & jerry's will be here to tell us now. >>> "who made money today"? not even a recall could stop him from making money. not sure who it is? stay tuned and find out. at the end of the day it is always about money.

"money" with melissa francis is next. lori: have a great night everybody. thanks for joining us. melissa: i'm melissa francis and here's what's "money" tonight. the government wants 2.7 million chrysler vehicles off the road. as if an accident could make them burst into flames but chrysler says no. it won't recall them. is it asking for a financial train wreck? >>> plus, how do you become the most popular airline in america? do exactly the opposite of your competition. allegiant air's ceo tells us exclusively how they're conquering the friendly skies. >>> who made money today? the mysterious winner of last month's $590 million powerball jackpot, the biggest ever, and they finally came forward. stay tuned to find out who cashed in. even when they say it's not, it is always about money melissa: well our top story tonight, chrysler brazenly thumbing its nose at the national highway transportation safety administration after if issued a recall request on almost 3 million jeep grand cherokee and jeep liberties. safety officials say the gas tanks in these vehicles could catch fire in a

whether the president is doing the same thing and 's getting old, and melissa francis o investors who say we got it wrong. he's not the real crank and he's nots the real oz, and someone else is, and if he screws u, we go down. mary kaherine, the pivot, way do you thinkf it in >> i agree with larry hat this is self-preservation of liticians, and the pesident's particularly good at running ot the clock, i think. that's why you didn't get the obamacare regulations until three years after the bill was passed because he kw if they did that, people react before the electn. he's good at this thing. he also has a way of lecturing the rest of us how we should not jump to cop collusions unless he wants to jump to conclusions, and if it's trayvon matin, what have yo, he's happy to act poetic about whatever it is and jump to plenty of conclusions, but we are not allowed to if there's a bunch of political terms for conservates to target pple from the irs. neil: looking at the markets generally, melissa, they re ot interested in what he's doing, but what the real as is doing. >> that's federal rese

it is your freedom, you basic american cheryl: "money" th melissa francis now. melissa: here is what is "money" toght. edward snowden goes off the grid. but the fallout is just beginning. is china lking his chops? another nsa whistleblower on what it is like. plus community windowshopping like this before. suitable windows in new york city. the first plan to look how they can revolutionize the industry. and who made money today? some serious green from egg whites. in one essay it is not, it is always about "money." r top story tonight, the latest revelations of the nsa whistleblower. 29-year-old high school dropout edward snowden admits he -@released the details behind te phone management defines everywhere. in hong kong but now reportedly in an undisclosed location. questions are swwrling about whether he will be extradited back to the u.s. and why he chose hong kong as his first stop to begin with. senior intelligence analyst for 30 years, not usingechnology that may have prevented the september 11 tror attack. one nsa istleblower to another, does it sound auth

. >> i'm melissa frances, and here is what is "money with melissa francis" -- "money" tonight. american ceo being held hostage in china by his own workers. inese officials are sitting on their hands. is doing business in china even more dangerous than we thought? plus, too big to fail banks are under assault. some of theed's most powerful officials tell congress that now is t time to break tm up. are they right? legendary bank analyst joins us. andou made "money" today? they are cranking up the music style on the dasoard to celebrate. stay tuned to find out who it is, because it when the say it's not it is always about "money." ♪ melissa: our top story tonight, then the normal. the supreme court's htoric decision striking down a key provision of the defense of marriage act or doma which means that same-sex couples have the same right to traditional benefits as tditional couples. with mor on this one. >> reporter: hello. two key rulings. significant wins to reporters of same-sex marriage. the first of what the federal law. the defense of marriage act which blocked same-sex coupl

we have melissa francis ere. there is a lot of crainess. >> it is out of control and no one would like to t rid of them more than i would. please do not therme. neil: look at you. [laughter] >> that is right. obviously it is not going to happen. but it seems likevery cabinet we open here, something else comes up. more than a thousand cases in thpast two years, they have employees who misuse their corporate credit card for the irs. they didn't ha enough funds in the account to cover it they did all these things. and then they found that they weren't even punishing them for that they we more lenient with their employers antheir ployees were with the taxpayer. neil: do you think any of this -- and we talk about a lot nservative tea party actions the. >> i wish. >> i don't think we will see much of this. >> people keep saying that we have all of these hearings. we are going to have a big reform. i don't think that's goi to happen. this is the problem with government. this is why we don't want government - the person

. >> thank you for watching america, i hope you have a goodh melissa francis is next. melissa: here's wht's "money" tonight. can you trust the i.t. staff f your company? in the wae of the snwden scandal, they may be the biggest risk to business security and private data. how? plus paula deen's fod empire is burning to the ground, but a top pice manager says she cn still pull it out of the ffire. he has a step-by-step plan to save it. hope she's watching. who made money today? one of the few groups that stand to make money from obamacare. stay uned, find out who it s. even when they say it's not it's always about ""money." ♪ so we start tonight with something yo probably ever think abt, though it stems from th scandals swirling around the nsa leaker, edwardsnow den, we have the latest on that in a moment, but whether you are an employee o the bos, do you know now trustworthy your i.t. departme ? a new spotlight on how system administrators m actually be the biggest threat to the company's securitity and yours. you won't believe what ccompanis faced due to i.t. staffers p

hedge the bets, folks, hedge your bets, and "money" with melissa francis is next. s what's "money" tonight. can you trust the i.t. staff of your company? in the wake of the snowden scandal, they may be the biggest risk to business security and private data. how? plus, paula deen's food empire is burning to the ground, but a top price manager says she can still pull it out of the fire. he has a step-by-step plan to save it. hope she's watching. who made money today? one of the few groups that stand to make money from obamacare. stay tuned, find out who it is. even when they say it's not, it's always about "money." ♪

liz: money with melissa francis is next. e france an here's what's "money" tonight. forget the whistle-blower, should a journalist who leaked secret nsa documents be prosecuted? congressman peter king says yes. he joins to us explain why. >>> plus, should employers be able to reject job applicants because they have a criminal history? regulators sue two major companies over it. we'll tell you how the outcome could affect every business in the country. >>> "who made money today"? let's just say they're cranking up the music and head banging in celebration. stay tuned to find out who exactly that is. even when they say it's not, it is always about money.

cheryl: "money" with melissa francis now. melissa: here is what is "money" tonight.rid. but the fallout is just beginning. is china licking his chops? another nsa whistleblower on what it is like. plus community windowshopping like this before. suitable windows in new york city. the first plan to look how they can revolutionize the industry. and who made money today? some serious green from egg whites. in one essay it is not, it is always about "money."

we have melissa francis here.re is a lot of craziness. >> it is ouofcontrol and no one woullike to get rid of them more than i would. please do not bother me. neil: look at you [laughter] >> that isight. obously it is not going to happen. t it seems like every cabinet open here, sometng else comes u. more than a thousand cases in the past twoearsthey have emplees who misuse their corporate credit card for te s. they didn't have enough funds in the account to cover it, they did l these things. and then they fod that they weren't ev punishing them for that they were more lenent with their employers and thr employees were with the taxpayer. neil do you think any of this -- and we talk out a lot of conservative tea party actions the. >> iwish. >> i don't tnk we wilsee much of this. >> people keep saying that we have all of these hearings. we are going to have a big reform. i don't think that's going to ppen. this is the problem with government. is is why we don't want government -- the person has to be sitting tre for

. >> i am melissa francis. here is what is money tonight. president obama fighting climate chae. but one industry is doing a victory dance and it is not leasing. plus, get bend the wheel of the car of the future. groundbreaking technology making even the worst drivers look good on the road. we geta first-hand sneak peek. and who made money. one of the strangest in recent memory. not sure w it is? we will have the details. even when they say it is not, it is always about "money." >> ♪ >> today for the sake of our children and the health and safety of allamericans, i am directing the epa to put an end to the dumping of carbon pollution and new standards for existi and upcoming powerplants. melissa: it is pretty much over for the american coal industry. the president announced he is using the epa to impose tough new regulations on power plants, those that could end up killing coal. the death of coal could have dire consequences for the u.s. ecomy at large. more expensive energy and the cost of everything goes up. and that is passed right on cue. here to break it down is john kingsto

melissa: i melissa francis and here's what's "money" tonight.ants 2.7 million chrysler vehicles off the road. as if an accident could make them burst into flames but chrysler says no. it won't recall them. is it asking for a financial train wreck? >>> plus, how do you become the most popular airline in america? do exactly the opposite ofof your competition. allegiant air's ceo tells us exclusively how they're conquering the friendly skies. >>> who made money today? the mysterious winnerf last month's $590 million powerball jackpot, the biggest ever, and they finally came forward. stay tuned to find out who cashed in. even when they say it's not,

. >> thank you for watching america, i hope you have a goodh melissa francis is next. s wht's "money" tonight. can you trust the i.t. staff f your company? in the wae of the snwden scandal, they may be the biggest risk to business security and private data. how? plus paula deen's fod empire is burning to the ground, but a top pice manager says she cn still pull it out of the ffire. he has a step-by-step plan to save it. hope she's watching. who made money today? one of the few groups that stand to make money from obamacare. stay uned, find out who it s. even when they say it's not it's always about ""money." ♪

it is your freedom, you basic american cheryl: "money" th melissa francis now. is what is "money" toght. edward snowden goes off the grid. but the fallout is just beginning. is china lking his chops? another nsa whistleblower on what it is like. plus community windowshopping like this before. suitable windows in new york city. the first plan to look how they can revolutionize the industry. and who made money today? some serious green from egg whites. in one essay it is not, it is always about "money."

. ♪ melissa: i'm melissa francis, and here is what is "money" tonight. u.s.ay to syri rebels. a no-fly zone may be rightt3 behind them. the red line has beenross. how high will the price tag go for u.s. intervention? should companies be forced to pay intns? a landmark ruling may have killed unpaid internships forever. al a stampe of lawits is headed for businesses everywhere , a who made money today? they're making a bang with record sales. stay tuned to find out who that is. the villain is a it's not, it's always about "money." ♪

. >> i'm melissa frances, and here is what is "money with melissa francis" -- "money" tonight.n china by his own workers. chinese officials are sitting on their hands. is doing business in china even more dangerous than we thought? plus, too big to fail banks are under assault. some of the fed's most powerful officials tell congress that now is the time to break them up. are they right? legendary bank analyst joins us. and you made "money" today? they are cranking up the music style on the dashboard to celebrate. stay tuned to find out who it is, because it when they say it's not it is always about "money." ♪

we'll go to steve moore and melissa francis. it's always in the eyes of beholder. what do you make of it? >> absolutely. i watched the whole thing live. if you try to kror correlate with what he said, it's like readying tea leaves. it's important thing to notice, we saw stocks sold off and bonds sold off. that is not usual. what it tells you the market doesn't have a lot of confidence in the dismount strategy. as we get closer they are not convinced the feds can hold on to it. we can hold on to mortgaged backed securities but i don't think the marketed thinks that is going to smooth things out enough. >> neil: there is that soft landing we got to do here. that is dicey game. the markets fear to her pointed that he is not going to be able to pull it off. >> you said that you need to read the tea leaves, you need a decoder. what i heard ben bernanke saying loud and clear was this plan of asset purchases, your viewers should know the fed has purchased $3.6 trillion of assets over the last four years. it did not say it's going to take the punch bowl away. your cups are

. >> i am melissa francis. here is what is money tonight. president obama fighting climate change.ng a victory dance and it is not leasing. plus, get behind the wheel of the car of the future. groundbreaking technology making even the worst drivers look good on the road. we get a first-hand sneak peek. and who made money. one of the strangest in recent memory. not sure who it is? we will have the details.

next is money with melissa francis. david: the hand story we'll talk to you about that tomorrow. melissa: we are starting tonight with a market massacre. ben bernanke saying if the economy continues to improve he will cut back on his 85 billion-dollar a month bond buying program by the end of the year. that reality terrifying wall street. because the market may have to stand on its own two feet. combine that with a massive credit crutch in china and u.s. markets got absolutely slaughtered today. the dow closing down a staggering 353 points. look at that. 2.3% there. if you control down on this market massacre, christian dorsey from the economic policy institute. sam stovall, chief equity strategist at s&p capital iq. gentlemen, thanks so much for joining us. sam, shouldn't have been that big after deal. all ben bernanke said, if the economy continues to improve we may taper back on the buying by the end of the year. not that they will stop it all together. not that they will sell what they already have. look at the big gyrations we've seen. doesn't that tell you how ugly and messy

. ♪ melissa: i'm melissa francis, and here is what is "money" tonight. u.s.eapons are on theiway to syri rebels. a no-fly zone may be rightt3 behind them. the red line has beenross. how high will the price tag go for u.s. intervention? should companies be forced to pay intns? a landmark ruling may have killed unpaid internships forever. al a stampe of lawits is headed for businesses everywhere , a who made money today? they're making a bang with record sales. stay tuned to find out who that is. the villain is a it's not, it's always about "money." ♪ melissa: our toptory tonight another red line has officially been crossedand it will not come cheap. the u.s. wl begin arming syrian rebels, this as the white hoe confirmed the assad regime has ud chemical weapons ainst his people. in a glittering -- considering a no-fly zone over syria that wod dump e moreuel the fire. it sounds awfully costly for a war that st amecans don't wa to get invold with. joining us now to help put a price tag on all of this because ter al the show is cled "money," fox news midea expert

. ♪ melissa: i'm melissa francis, and here is what is "money" tonight.he men's wear house kicked into the curve, but hell hath no fury. he may soon have his revenge. plus, the ceo is getting a $159 million pension, pension, not compensation. how did he score such an all inspiring pay out? and who made "money" today? they own shares of a company that is more heated than smallpox. they are letting the sweet smell of profits today. not sure who it is? state in and find out. even when they say it's not, it's always about "money." ♪ melissa: to the extent that there is a notion and a concern that there is over redaction, that is something -- >> this is junk. this has no meaning. >> it might be john, but it might be sensitive to spare information. >> it is not. we know it is not the man you're hiding behind it. in telling you, i'm putting you on notice. this committee intends to double the 1998 act, and we will follow through on it to make sure that the irs is forthcoming and not creating a bunch of nonsense hiding behind bureaucratic doubletalk. melissa: i gu

. >> i am melissa francis. here is what is money tonight. president obama fighting climate chae.try is doing a victory dance and it is not leasing. plus, get bend the wheel of the car of the future. groundbreaking technology making even the worst drivers look good on the road. we geta first-hand sneak peek. and who made money. one of the strangest in recent memory. not sure w it is? we will have the details.