stephen ivy, and from detroit, taunya allen, president and ceo of the skill man foundation. stephen, should detroit have been asked to, made to sell off more of its assets in order to satisfy creditors? >> detroit, under municipal bankruptcy detroit cannotting forced to sell off assets. i think the wall street creditors, the bond companies have concerns about their treatment relative to other creditors who have similar claim to being repaid. that's a lot of what the wrangling going on in court is about. >> maybe forced was a bad word, but they look at the pile of assets detroit owns and they say hey there is money in those assets, and you say you can't afford to pay us. >> onus. >> yes, there is this wall street-main street narrative used to characterize the bankruptcy controversy, but the wall street creditors are not saying take money away from pensioners and give it to us, they're saying you have not done enough. are you sure you can't raise taxes a little bit, and that art, it might be a good idea to sell off some of the art and pay us and give us a higher rate of recover

>> and them from a guy turned out to be one of the biggest page garrists in the world, stephen glass. glass had ivy league credentials and there was something wrong with him. he turned out to be a fake. melissa: 73% of the people in the financial services industry have lied on their resume'. >> that's stupid. they shouldn't. >> i will say this, if you didn't graduate from college now, i remember at a time first started in didn't have to graduate in college. my mentor, bob greene, great investigative reporter from "newsday." had two pulitzer's. went to fordham but never graduated. michael moss at "new york times." melissa: more reason he shouldn't have lied bit. >> here is the difference. now, if you almost can't, people won't interview you. >> i don't agree with you, charlie. there are people here who work at fox news right now did not graduate from college. >> as entry level, it is a fox news -- >> people on silicon valley didn't graduate from college. >> that is different. entrepreneurs totally different. melissa: scotland's independence vote two days away and britain's prime minister david camer

stephen: do we even need the s.a.t.s anymore if we have the marshmallow tests. we get all the kids in the room, the kid who waits for the two marshmallows, right to the ivy league.e are a few steps in between. but there's no question that being able to do what you didn't do-- ( laughter ) is-- is something that can be very, very useful for you because what it's saying to us is that you actually were able to keep a goal in mind-- i want the two-- you were able to inhibit interfering responses like shoving it right in your mouth. ( laughter ). >> stephen: so good, though, they're delicious. >> you know, they're very special. >> stephen: yeah, yeah. >> and you're able to use your attention, which you didn't do-- ( laughter ) in a way that lets you actually not gobble the marshmallow and keep on going. that's a very fundamental skill. it now has a fancy name. it's called executive control. >> stephen: these are very good marshmallows. >> they're very special. >> stephen: were they this good back in the 60s, because i know marshmallow technologies-- every 18 months the storage capacity of a marshmallow doubles. i believe it's called s'mores law. ( cheers and applause