. well, cnn reporter spoke to shawn donavan in this week's mastering your money. >> we sat down. we attacked five major barrier to people refinancing. many of those could help other families that don't have a fannie and freddie mortgage. we've now figured out a way to automatically resubordinate second mortgages. you may ask what does that mean? many folks who have an underwater first mortgage also have a second mortgage and they're blocked from refinancing. that automatic resubordination can help them refinance. another example is we've eliminated the need for an appraisal for many of these. that lowers sneeze will allow other folks. if we can take these innovations and spread them more broadly to other parts of the market, we could have a much bigger impact. the president was there on wednesday to announce this. this is an important step. we need congress to do their job. we need them to fast american jobs act. why? part of the jobs act is a project rebuild that would create 200,000 jobs, putting construction workers back to work, renovating and rehabilitating vacant and foreclose

h.u.d. secretary shawn donovan said is the equivalent of a substantial tax cut. >> all right. critics say that it ignores americans who need the most help. >> reporter: well, exactly. even the administration acknowledges that this new program is not going to solve the entire housing crisis. it has been seeing strict limitations. it will only help those current the last six months, haven't missed more than one payment in the last year, so if you really are one of the homeowners struggling, maybe you have missed a couple payments in the last 12 months but managed to scrape it together for the other months. you are still not going to qualify. critics argue those are exactly the people who need to be helped the most. the other big limitation is the same limitation with all the efforts to help homeowners during the entire administration, which is it is voluntary for lenders. banks are not forced to help someone refinance. the administration hasn't even really put out an estimate of how many people will ultimately be helped. we'll just have to wait and see. >> thank you for that, athena jon

time. and shawn cornwell, he's been finding out various things. it's time for this edition of "the boss." >> reporter: previously on "the boss," bottling bliss and your bottom line. e harmony's sean cornwell outlines his strategy for the year ahead. >> the time has come to become truly local in each market. >> reporter: and after bottling it up, sarah curran learns you can't have it all. >> i'm not doing enough with work or not spending enough time with him. we're in nottingham, we moved into this particular location in january 2009 and already we're starting to feel we might be running out of space. >> reporter: that was november of last year. this is now. a new warehouse for mywardrobe.com. 38,000 square feet of it with space and light aplenty. getting here wasn't easy. it took my wardrobe three days, 36 truck loads and 25 people to move more than 49,000 items. a big move for this boss but one that needed to be made. >> when you're looking at a growth plan in your strategy, what we didn't want was to get to a stage where we had been the first time with the first unit where the pr

. le shawn meritus, he has just served a 21-month ban for steroid use. but under a bylaw, he wouldn't have been allowed to compete at the next london olympics. the ioc really wants to punish former cheats a bit more heavily than the world anti-doping agency. but today, the court of arbitration for sport has said that that ruling is unsustainable. so great news for la shawn meritus and maybe others can compete in london, as well. >> don, good to see you. thanks for weighing in. if you don't have a job or if you're poor, herman cain says it's your own fault. [ female announcer ] once you taste new fiber one 80 calories... ...with its sweet honey taste, 40% daily value of fiber... ...and 80 calories per serving... ...you may want to tell a few friends. ♪ or all of them. ♪ i'll go get my bowl. [ female announcer ] new fiber one 80 calories. yes, you can actually love breakfast. ♪ but they also go beyond banking. we installed a ge fleet monitoring system. it tracks every vehicle in their fleet. it cuts fuel use. koch: it enhances customer service. it's pretty amazing when people who

great. 39-year-old shawn wymer wiped his eyes as his preliminary hearing postponed, charged with child abuse. >> why did you think it was okay to let a 9-year-old drive on a public road. >> anything to say to your daughter? >> no comment. >> reporter: friends say he's a great dad who had weekend visitation rights with his daughter. >> now he can't see her. >> what's that doing too him. >> it's going to destroy him. >> reporter: he told a reporter that he's a good dad who made a bad decision. he's been busted before, after crashing while driving under the influence. this time, his daughter said he had been drinking whiskey all day. he refused a breathalyzer test and told police he was just teaching his daughter how to drive. there have been lots of stories of little kids driving their parents' cars. >> i am trying to dive but i couldn't reach the pedals. >> reporter: from this pa-year-old to a 7-year-old, told police he was trying to avoid going to church. at least shawn's daughter didn't hit anything. the "detroit free press" reports she was seen using her turn signal, at least twice.

church. at least shawn's daughter didn't hit anything. the detroit free press repos she was even seen using her turn signal at least twice. it is her father who seems to have taken the wrong turn by turning to his daughter. >> i got, i got a designated driver. >> reporter: jeanne moos, cnn, new york. >> at the world headquarters in atlanta, i'll see you back here in an hour from now. "the situation room" begins right now. >>> after nearly nine years, an abrupt end to the military mission in iraq. all american forces will now be home by the end of this year. also, the death of a dictator. new details of the final chaotic moments of libya's moammar gadhafi. how did he really die? and herman cain surging in the polls. can he win the republican presidential nomination? we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in the situation room. >> today i can report that as promised, the rest of our troops in iraq will come home by the end of the year. after nearly nine years, america's war in iraq will be over. over the next two months, o

great. 39-year-old shawn wiped his eyes as his preliminary hearing was postponed. he has been charged with child abuse. >> what made you think it was okay to let a 9-year-old driver drive a public road? >> anything to say to your daughter? >> no comment. >> reporter: friends say he is a great dad who had weekend visitation rights with his daughter. >> now he cannot see her. that will destroy him. >> reporter: he told a reporter for wxyz that as he good dad who made a bad decision. he has been busted before after crashing while driving under the influence. this time his daughter said he had been drinking whiskey all day. he refused a breathalyzer test and told police he was just teaching his daughter how to drive. there have been lots of stories of little kids driving their parents' cars. >> i'm trying to drive but i couldn't reach the pedals. >> reporter: from this 5 dwroeld a 7-year-old who told police he was trying to avoid going to

user. >> reporter: he knows what he wants. but can shawn cornwall crack the code of love in a tough new market? that's next week on "the boss." >> can't miss that one. >>> well, despite its troubles, greece is reporting an increase in tourism. straight ahead, we'll find out what's behind the tourist boost. you're watching "world business today." that's a recipe for failed investing. open an e-trade account and open doors, seize opportunities, take action with some of the most powerful yet easy-to-use trading tools on the planet all built to help you maximize the potential of every dollar you invest. successful investing isn't done by throwing ideas against the wall and hoping. it's done by lowering your costs and raising your expectations by using unbiased research and powerful screeners to build a diversified portfolio with stocks, bonds, mutual funds, and every etf sold. and we'll help you every step of the way. with 5-star research and free education covering everything from the basics to advanced investing strategies. start now and we'll give you up to $500 and let you trade fre

where i just said hello and it echoed down the hill. >> shawn lavau found his father thursday. the 67-year-old man had been missing for six days. >> i hugged him and we both cried, and i said, you know, how did you make it? and he said i drank the water in the river and i ate leaves and bugs. >> he was heading this direction. another car was heading towards him. had bright lights on so he flashed the lights on the car. i believe at that point probably swerved, went off the road. >> david lavau ended up right next to another wrecked car with a decomposing body inside. the los angeles times reports he wrote on his dirty truck, quote, i love my kids. dead man was not my fault, love dad. the dead man is thinking has been missing. his daughter says she is thankful for answers. >> we may have never found him. we tried to prepare for the worst but hoped for the best. >> authorities have yet to confirm the body's identity. what is certain, david lavau raised some determined kids. tina kim, cnn. >> he certainly did. our thanks to tina for that amazing story. >>> barack obama will go down in hi