tv MONEY With Melissa Francis FOX Business November 5, 2013 12:00am-1:01am EST
we're here, every step ofelissas next though. melissa: the jig is up. after a decades-long investigation by the feds, stevie cohen's giant hedge fund, sac capital is going down. it is every man for himself. who will get a life raft? melissa: it is survivor sac style. who is still in, who got out, just in the nick of time? now that a deal's been reached in the landmark insider trading case where does steve cohen and his top players go from here? it is all the word on wall street, let me tell you. with all the gritty details
james freeman with the "wall street journal" who also worked at sec which makes me very nervous and former federal prosecutor, which also makes me nervous, fred tecce. so i'm just terrified. we're focusing what happened in the case and the deal reached and they have been managing their own money and effectively shut down. what does it mean for all the guys inside? let me ask you, james. he had four top lieutenants that stuck through him through all this. tom cahini, solomon kumen. steve kessler,. bill:hower. they're very reclusive from the photos. not high-profile guys on the outside. they stuck with him. what happens to these people? >> based on what we know so far they will be fine. this is largely the end of it i expect in the criminal zone. now we may see something else but i think basically this settles the criminal matter for them. melissa: fred, what do you think
about that? obviously goes a lot further than that because it is not just about' voiding prosecution. where do your careers go from here? do you have another job? should have gotten out before all this happened like some other folks did? there was a whole group of traders that left in early september to join millennium management out the door before things got ugly. they're already settled somewhere else. >> first of all, you have to ask yourself why they were there in the first place. if you read the government's indictment looks like the trading on inside information was the way it worked. you have to ask yourself and you're working there and understand what is going on and you see it and we had to, if you believe the government the question is why did you remain there in the first place? melissa: you think they're tainted. james is sort of saying the opposite. this is, i made a lot of money for a long time. so these guys are valuable on the outside despite what happened. you disagree with that? >> no, no, i don't disagree wit. i'm not so sure i would go so
far that they were tainted, i'm just not crying real hard for them in my beer. melissa: yeah. >> these nice may be very well talent and what they do and bunch of them left to go to millennium. steve cohen is lot of things. he was smart enough to surround himself with people that are very, very bright. they didn't make that much money for being stupid. melissa: james what do you think. >> i will not cry for them either but this may be interpreted as sad commentary on wall street -- melissa: why is this not a sad commentary on wall street? at love folks out there say this firm has been very suspicious for a long time. they were trading ahead of the street. they were too good. made too much money. all the talk on the street for years and years it was dirty money. >> you have to give people their presumption of innocence and you need to keep it in per speck. they had six people convicted of six people of insider trading. there is a firm of about a
thousand people. this is not entirely clear a firm-wide problem although obviously when they agreed to right a very big check, in fact the biggest check ever it raises questions. melissa: it's a firm-wide problem. >> i'm sorry, i read -- melissa: ha is exactly what this was. >> right. melissa: the u.s. attorney, preet bharara, made the point no institution is too big to jail. sometimes you have to fault the entire institution for what is going on inside because it is endemic. they did let it happen and because, you knee, without somebody letting it go on, it couldn't have been so widespread. so it is appropriate to take down the institution. >> let me tell you something. melissa: go ahead. >> these guys are not innocent. i'm sorry i read the indictment. i don't think this is witch-hunt, melissa said, like we're on tv, bottom line, people said we knew, i guess we're on tv, bottom line people knew these guys were playing outside the rules. i'm sorry, they got caught. they struck a check for billion eight and we see where they go from there.
>> who is they? they're not making a criminal case against cohen -- >> how about the eight people named in the indictment? how about stephen cohen who has been charged because he was not keeping an eye on whether or not the foxes were in the henhouse? there is obviously an attitude that whatever goes goes. and if you believe the indictment they looked for and hired people who had insider or access to insider information. that has got to come from somewhere. quite frankly, you know, he was captain of the ship. melissa started talking about it going down. melissa: yeah. >> what he is charged with is not criminal. it's a civil sec case, failure to supervise. melissa: that is the case a lot of people are making about this. do you disagree with anything he just said? >> i think i disagree with a number of things. one that, you know, this is the sad, maybe the sad commentary part is, i think a lot of people actually respect this firm. these people if they want to work will be very employable. but the bottom line, i think the problem here you have this bizarre situation where the
institution gets charged but not any individuals for apparently runing a criminal enterprise. >> eight people got indicted and two awaiting trial? >> no. but we're talking about the management of the firm where you would say this is a rotten enterprise as opposed to several individuals. melissa: that is next? fred is that next? we need to see that because a lot of people are saying it won't be done until we see orange jumpsuits at the top? will that happen? >> you will see at least two. i still haven't heard the u.s. attorney say they agreed not to indict mr. cohen. if that is theory, reality he hasn't been indicted so we'll see. melissa: thank you very much. >> thanks for having me. melissa: up next maybe a few great tips for the sac capital folks. today's money talker takes us through why being fired could be the best thing that ever happens to you. you will never look at your job the same way again, i promise! how much do you hate getting squashed in an airplane seat? new call to standardize the
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melissa: i'm sure you never heard this. being fired could be the best thank that happened to you. i know i didn't believe this at first either. this money talker will make sure you never feel the same way about your job again. all right, guys, being fired, the best thing that could ever happen to you. what do you think, possible? why? >> because it forces you to into sort after rebirth situation where you're kind of frightened. >> broke, worried about how you feed your family. >> what better motivation to get out there to do something you maybe didn't try before and flex some muscles you didn't know you had and use a skill you don't
know you had before. melissa: robert, do you believe that? or does it make you panic that you grab whatever comes your way because you're so worried about feeding your family? if you had a solid job you could think about doing something adventerous, save your money. >> i talk about this all the time, best thing that happened to me, was getting laid off. i wouldn't be on the internet and podcast and fact most of us don't have the opportunities. >> don't have the opportunity to be fired or laid off. >> most of us don't have the opportunity to do something with that experience. most of us, don't have that right skillset or right dream which to pursue. melissa: tara is the most famous person to be fired. you got fired off "the apprentice.", you were fired by donald trump. >> i got fired by donald trump. melissa: is being fired by donald trump the best thing that happened to you. >> i will say it wasn't my most shining moment but i think i turned out quite okay. i'm also of the belief, i agree
with fellow panelists. necessity is the mother of all inventions. a lot of people want to be entrepreneurs. they're at the country because they don't have the courage to step out on faith and follow their dream. melissa: how does getting fired give you faith? that is what i'm having hard time follow. how does it give you courage instead of cripple you at home? there are people who are watching been laid off at their jobs or fired, thinking i'm not feeling courageous or broke and beaten down? >> you have to get out there, but you have nothing to fear but fear itself. try this or be broke. if you do nothing, nothing happens. so being fired and having that, that fear of being broke forever is the motivation. melissa: yeah. >> that is the reason why you get up in the morning and try something new. melissa: that is true. some of the tips we came across, tell me what you think about these. number one, don't tell the whole world what happened. >> that is really good one. that's a really good tip. you don't want people to think you're a failure, in any way,
shape or form. you want to look at this as an opportunity. i tell people, don't even go to the job boards. don't go looking for a job. managing your contact list. start going after people thaw know and look for opportunities. people don't want to help you find a job but they want you to help them with their dreams and opportunities. melissa: you think that is true? doesn't go out to post your resume'? my instinct, you get fired the next day you're so panicked and look and post in social media. everyone is saying get online. you wouldn't jump on line to put up the resume'? >> i think we're in who you know economy. a lot of time people get hired who they know. to work the networks and contacts. you never know who your cousin is married to and what position they hold at a certain company. work the network increases likelihood of hiring. >> how do you that effectively? how do you manage the contacts to be helpful? you don't know your brother's cousin, blah, blah, whatever, guess your cousin too, has a job
that could be helpful to you but if you don't reach out to everyone then how do you know? >> somebody always knows somebody. what you need to do is evaluate what your skillset is and figure out what you're good at. maybe not necessarily what you love to do. i love to spend time with cats. no one will pay me to do that. melissa: you could be a vet. a cat sitter! >> not in that way. >> youtube videos. >> figure out what you're good at. find people, you know i remember this guy. i'm good at sales, i think. i remember my friend had a friend that was salesman. i met him at a party. wonder if he give me the number. look at contacts to see. maybe somebody knows somebody out there to give you a head start to point you in the right direction. melissa: one of the funny tips i read, don't leave on a trip right away. surprised that. we're telling people to take a break, to assess what you're doing. the not jump but don't take a trip. maybe a mind-clearing trip is what you need, no? >> stay local and maintain contacts. >> leave the country.
leave the country. absolutely. go to some task avers country out in the middle of the tropics. >> why do you live here now? >> i have no idea. melissa: just wondering. they say don't decline outplacement services. sometimes your instinct you've been fired and laid off you want to get your stuff and get the hell out. they're saying don't say no to outplacement. do you agree with that. >> i agree. melissa: yeah. >> actually let me rethink that if your job was in line what it is that your dream was, that your passion was, then, definitely don't say no. but if, you know what? this firing, you feel a sense of freedom, then don't. get yourself a new direction, a new way of life. >> i always say yeah. look for opportunities. don't look for the jobs. look for, what, in your skillset and look for what is in your dream set. melissa: how do you listen to what your boss is telling you about to be fired? really take it to heart but not get crushed by it? people have been told you're no
good on tv. you should go look for another job still on tv doing great now. how do you sort through maybe what they're telling you're not a great programmer but what they're tell something not right. >> go ahead, you please. >> you have to take an inventory and be very honest with yourself. take an inventory and what your strengths and weaknesses are and compare and contrast that what you've been told by other people. my position is often if you're told the same thing by a lot of different people it is probably true. melissa: we'll end on that note. good one. thanks, guys, appreciate it. up next where have blackberry's bags of money gone? the company is crashing. even the ceo's golden parachute may not open. stay with me for today's wild ride and go get your measuring tape. there is a call to make all airplane seats the same size, what a novel idea but just 18-inches wide. e you more than 18-inches wide? we'll measure when you come back. do you ever have too much money?
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melissa: calling all investors, what has happened to all of blackberry's bags of money? it is ousting the ceo and abandoning plans to sell, now trying to raise a billion dollars in a last-ditch effort to save itself. i'm a huge "crackberry" addict, i have to ad mist it, but am i left with nothing? from where i'm standing hard to tell what the company is really worth anymore. here is the "wall street journal" columnist spencer jay cub. we have our very own dennis kneale with us as well. i want to start with the ceo. this is just an an incredible story what he has done with the company. you look at the compensation. in 2012, fiscal 2012 and 2013 he made $10 million in both of those years as the company is in
a death spiral, dennis. it gets worse than that. >> i'm not sure there has been a worst high-tech executive in the past year or two. a couple things he did. he is the guy who decided let's buy another new corporate jet. they own two. the company is spiraling downward and they want to buy another. they decided we'll not do that, sell the other two. remember he attacked wall street analyst who raised questions about z-10 and called for sec investigation of stock manipulation because he is clearlying lying. sounds like analyst was right. he was wrong. he originally was supposed to get a $18 million parachute if anyone took over the company. the board expanded that package to $56 million in the middle of the meltdown and on the compensation committee was the ceo of fairfax, the firm that later made a bid to change control which would have paid him off $56 million. melissa: so total conflict of interest and 56 million if he gets fired after the company's sold. that is what is so incredible about this. you talk about the fight he got
into with the analyst. we had him on the show after that. he had smart alec answers to the questions the analyst had. >> never data to prove his case. melissa: you're like if you're a ceo and come on to sort of defend this fight that you're in with an analyst, don't you say something strong as opposed to having, these little short, sarcastic -- >> it was within our expectations. that is all i'm saying. >> is this guy ever going to work in your opinion after dennis and i put him through the wringer? >> i will not be ceo of a large tech company. he came from the handset division of blackberry and went to siemens. and rode in as a white knight to save it. melissa: wow, that didn't work. >> the corporate jet and stuff like that he made a lot of bad decisions. >> like? >> for example, deciding which device to launch first, the bb-10 operating system was delayed and delayed and delayed. perhaps that was out of his control but the device he chose to launch that no one wanted but
at least old diehards at blackberry wanted. >> only reason people myself have brac berry is because of the keyboard. >> i was told that thorsten heins himself was warned by one of the founders of the company, dude, what are you doing with this new z-10 doesn't have any keys? the keys are our whole differentiation. no, we'll go with iphone. and then it bombed. melissa: what left? what is left under the rubble here? >> you have a great recurring revenue stream of great big corporate accounts. microsoft ought to buy this company instead of nokia. melissa: but who, who, would make the devices? i hear their security is better than anything else. >> they're planning keeping device decision. getting infusion of billion dollars with convertible debenture. melissa: how quickly woo they work through that? >> that would extend things about a year. they have 2.$6 billion in cash. this division is recurring but
nothing to hang your hat on. enterprise business. what they used to process secure messages. that will go away. what is that worth without a handset business? they decided to keep the handset business. they brought in this guy john chen who -- melissa: what do we know about him? >> he ran sybase before bought by sap. that company was a mess. he has bonafide credentials turning it around so he is a turn around guy. he wants to run the company as is, keep the handset division. melissa: dennis what do you think? you follow this religiously. >> spencer, i bet he is running the thing to sell it. melissa: that's okay. >> in came bidders, they didn't like it. they couldn't get high enough price. melissa: due diligence was really badly. >> raised to 4.7 billion. someone will buy the company and get it as good as it can, go out for $3 billion instead of 5 billion. melissa: does it ultimately survive? two years from now, does
somebody have blackberries. >> a trinket on somebody's charm bracelet but i don't think it will survive. >> fairfax is making a bet it will survive. they contribute the equity and find some other guys and couldn't find enough people to get the 4.7 billion together. what they have is convertible debenture that is convert at $10 a share. their bid was nine. these convert at 10. >> stock is at seven. >> saying heads i win, tales, whatever, if it goes up they have optionality because they think there's a chance. melissa: great job. from the u.s. to irv corner of the globe money has been flying around the world today, again! starting in germany, a huge art find moreworth more than $1.3 billion in a apartment in munich. authorities found 1500 pieces by such masters as picasso, matisse, chagall among others. the art was said to be looted by nazis during the holocaust and considered missing for decades
wow. to italy, the government wants google to fix its public finances. of course it does. italian lawmakers introduced legislation being dubbed google pack. it would raise government revenues making companies like google, yahoo!, to do business there. what a great idea. it forces them to use ad agencies in italy rather than using agencies in other lower-taxed countries. the italian government would benefit from tax levied on extra income from the ad agencies. sounder really well-thought out. over to the u.k. where targeted advertising is getting even more invasive. the world's third largest retailer is now installing high-tech screens at some gas station stores that will scan the customers that are lined up and taylor ads to them. the system is called optimize, like eyes. cameras are built-in screens that tell if you are mail --
male or female and which one of three age groups you belong to. perfect. what's upnext? what about standard airplane seats being standard 18-inch size. too big, too small? tweet me. this could be what we're buying for the future of travel. "who made money today." his genius electrified the company once again. keep watching to find out who it
♪ melissa: so when you are crammed into a middle seat right next to the bathroom flying the friendly skies can feel downright miserable, but one plane maker is trying to make your next when a little more comfortable. airbus is proposing a standard seaside's for long-distance flights that would be 18 inches. that is about an inch wider than sneak -- seats most airlines offer, but not everyone is
boeing says the airline should be device is set their own see size is with that industry interference. our own money marketing group. i hear you measure your seat. what is -- view very skinny and camera. >> i tried to keep the weight off. i have a ruler in my desk. i just got to my lab. i hit 18 inches without even trying. i cannot imagine how most people will fit into these. melissa: actually, when we were first reading this story at that there were shrinking it. they're saying that 18 is even sort of generous and that there are airline seats that are even smaller, but as a passenger i don't know. you don't have any control. does not tell you you're buying the see what size it is. you are just buying a seat on delta to go to florida. >> that is exactly right. you are not buying a particular
aircraft toward the equipment. as you said, you are having the airline ticket somewhere. now, if an airline would make that proclamation, our seats are wider, although i am not sure 18 inches will do it, but i fly every week. we would look for those things we knew that airbus is an boeing is not, to control the light have of a that is a consumer. melissa: i want to bring in as ceo of best fares who follows closely. let me ask you, did passengers know in general, frequent-flier is, do they understand which airline has bigger seats, or is it one of those things that you feel when you are on and then forget about later? >> i think over the last few years the biggest difference has been the leg room pitch. the seats, believe it or not pop back in 1979, the average seat which was only 16 and a half-inch is ongoing. and now it is 17. most airbuses, except those on
u.s. airways are 18 inches. boeing is about 17. i think what we really miss the most is the fact that -- i don't think we're getting taller, but the leg room is becoming shorter if you look in 1979 up until now we are a little bit heavier. yet our room space is not getting any wider. i think we sort of feel it either way, but that is why the airlines today, if we see them selling anything extra to us today it is not with room ... first-class. the charges 19m29, $39 to give more leg room. melissa: it does seem like that there is moment of collision coming because when you look around we are getting wider and wider and wider. seats are getting smaller and smaller. more and more seats on every plane. this flight, pushing for standards, boeing is saying, no.
we will let you water whenever you want. use them as many seats on there as you possibly want. you know, well, if i can cram an extra passenger and and make extra money you have to go with that decision, but at what point is there a collision? the seats are so small, but, you know, that is the planes that they have. >> at some point of course consumers will revolt. on the other hand, airlines like spirit have been talking about having standing-room-only flights where there are polls and people actually have harnesses the clip on. melissa: do you believe that would never fly in america? timing, that sounds like one of those things you would be hopping from a place to place. i cannot imagine americans putting up with that. >> i think it is a matter of money. there are consumers it will save money against all else. by the way, if your seat is too narrow, it impinges on your comfort, but really committed in binges and the person next to you because you kind of take over part of their seat.
so it becomes a whole issue for the airline says. there are other things they do, handouts' banks. what if they made off his chair 17 inches and make the airline executives sit in them. maybe then they would change. melissa: war, nothing the you put your bag and when you're getting on, they could have a seat and you could put your butt in there and see if you'll make it. if you're not they will let you on the plane. i don't know about that. it is amazing to me. the airlines that have the biggest and smallest seats above asian airlines. they're seats are only 16 inches for long-distance flights. air china has the biggest seats, 21 inches long. domestically, does anyone stand out as having super company plans to offer anyone watching it on and is annoyed? is. >> i think death is doing this.
american airlines are a new 737800. if you look at rose 16 and 17 they left the middle seat out. in other words, it is there, but there is no one sitting there. if you look at that see chart. you have three seats across on both sides but that middle seat is unoccupied on asylum and you don't have to worry about that person sitting in the middle. melissa: with that question is. >> thank you. melissa: from travel to tech software, microsoft as a new initiative began helping hand to those who have risked their lives to keep us safe. the company built a computer school f that trains and then guarantees a high-tech
jobs for graduates. fox news is live in seattle. >> to the unemployed rate nearly 3 percent higher than the national rate that microsoft is not looking at this at charity. this is a win-win. it is an intense 44 a week 16 week class, definitely a boot camp for the brain, if you will. the key is the soldiers are taking it well still on active duty. it will be finished just before leaving the military the 23 students could not be more excited a lot their virginity.
>> you know the guy have a skill set that will be in high demand. two under and 70,000 could be exiting in 2014. that is a lot of people looking for work. veterans will tell you the military builds character and qualities. upton the job skills you do not easily transfer into the private sector. microsoft says the skills gap is not as good as you might think. they believe veterans can make up for some of the decisions in our educational system. >> we have some many people that beat -- will be leaving the military in the next few years and becomes a critical time when we have the skills shortage a nationwide kent in certain fields. >> microsoft has put 1 million
into this program. melissa: another is a lot of demand already. they planning on expanding the program? >> there is demand, especially among all those soon to be veterans. microsoft has said that they will expand this to a bases in texas and california starting in 2014. those graduates will not have a guaranteed job and they get out. huffily the skills that will help them transition. melissa: it makes all kinds of sense. up next, why the money you are spending on food may not be giving you exactly what you think it is. a debate is waging over the labeling of genetically modified food. you could end up feeling that heated the grocery store. we have all the villages details. at the end of the day it is all about your fruits and vegetables. ♪
melissa: about coming to a grocery store near you. it will hit you where it hurts. it comes down to whether not you actually know how -- what you're buying should a genetically modified to be labeled differently? why was this such a big deal? >> it is just a debate bubbling right now. you know, if you buy food that does you a number of things. here in illinois lawmakers want to take things one step further. the modern process of genetic modification. scientists have modified the
genetics to create a better yield at harvest time, make them more resistant. wind once the lot to mandate any food derived from genetically modified organism. label as just that in the grocery store. >> this is about giving consumers a chance to know what is in the food and for them to make a choice. that's all it is. >> researchers have never found health consequences in humans. that does not step protesters. they gather everywhere. chicago to dallas and portland. activists are convinced that gm always franken food. no link. an increase in childhood in elegies.
illinois is one of the state's they already passed laws. washington state could make a difference. quite possibly they will see the evergreen state blaze the trail into labeling these food products. melissa: a lot of questions because people are watching this. what percentage of food is genetically modified? i am betting is higher than people think. >> above 70 percent of the food has been modified. this is not anything new. it has taken place for a long time. it did not look like an ear of corn did win programs to move from the mayflower. melissa: some people say there have not been any testing has
there been a lot of testing? >> they did approve it and there has been a great deal of testing. there a proponent of the labeling what if 30 years down the road we find out that there was a problem. at least if they're is a label you have a better chance of being able to cause whatever disorder may come down the road. melissa: like a counterfactual. final question, what is the bottom line in terms of the cost. if the labeling duster as anyone calculated what it will cost everyone every time you and your sister? >> to pass similar laws in europe. it does not eat into the profit margin that badly. the real income would be a few slaps the level of the product is getting consumers a when the farmers have to go less
efficient techniques. thank you so much. melissa: next, a new way to let there be light for a lot less. it is literally changed the world around us. we have it all in "spare change." you can never have too much "money." ♪ this is the quicksilver cash back card from capil one. it's not the "limit the cash i earnvery month" card. it's not the "i only earn decent rewards at the gas station" card. it's the no-games, no-signing up, everyday-rewarding, kung-fu-fighting, silver-lightning-in-a-bottle, bringing-home-the-bacon cash back card. this is the quicksilver card from capital one. unlimited 1.5% cash back on eve purchase, everywhere, every single day. so ask yourself, what's in your wallet?
♪ melissa: it is time for a little fun with "spare change." to something different. could your "spare change" be going to spare some electricity for a family in need? a company that is helping shine a light to those in the chili dinner have access to electricity. believe it or not, that is about one half billion people on the
planet with no electricity. every time you buy a light, the company gives one to someone in poverty. company has already held almost 300,000. joining me now is the co-founder it is swahili, right? it means -- >> shines light. that's what it does what. melissa: you have one of the devices year. how does it work? >> it is very bright. so careful. melissa: got you. okay. on the side here, the blue light, that indicates it can charge this wirelessly. that is where you have a full smart phone cards within two hours. melissa: to a lot of people that don't have electricity and smart phones? >> actually, they do. melissa: how did they charge in? >> us 60 percentage who own phones. only 23 percent have electricity connection. melissa: how did a charge upon? >> they have to walk, cycle to villages. people collecting batteries,
going from one village to another. charging their phones at a price of 25 to $75 per charge. quite expensive. melissa: the real thing you're trying to battle by providing light is the idea that most of these people don't have electricity use kerosene. that is both very expensive because it can take about 20 percent of someone's income to buy kerosene and is dangerous because you're in a close space. so providing this type of light debt charges during the day could solve all of these problems. you take this thing out into the sunlight and you just leave it sitting there all day. how many hours of flashlight like the you get for that? >> you leave it for five or six hours. in new york it would take a little bit more than that. but after five or six hours you have a full battery and you get 100 hours of light and a full charge. faugh -- what you were saying about the kerosene, 16,000
people per day are injured because of accidents. melissa: less talk about your business plan because a lot of people have great ideas for things that the world needs. the problem is that there is not enough money. was interested in you because you're doing something similar. very famous for you by pears juice and you choose to pay whatever it is for the get the you actually want and give away a pair of shoes to somebody does not have them. you do something similar with this. can it pay for it? is a workable? tell me about that. >> doing the exact same model for a campaign for syria. together with the international community. and for each day by christmas for yourself or your family, one also goes to the syrian family. the way we can do that is because we sell this direct to consumers. it does not go through retail, and we use that margin this time for the campaign, the specific promotion. melissa: people understand and they're willing to pay a little bit more.
>> actually, they pay a little bit less. at $10 discount. melissa: how can you give a discount? i want you to charge a lot because i want you to be able to do this without government help and to get out there and help people live around. >> precisely what we want. depending refunded. melissa: out the you know who to give it to? we have done a lot of segments on that. how'd you get that done? >> we do not go there by ourselves. it takes very brave people to do that. and brave people work for the international rescue committee. they are on site in syria also in the danger zone basically providing humanitarian aid needed for this huge crisis. the biggest crisis since the genocide in '94. 7 million people displaced. melissa: and sunlight. thank you for coming on. good luck to you. >> thank you so much. melissa: of right. who made "money" today? sending shock waves through wall street and his ideas are electrifying. we will have the answers right after this.
after this. you can never have too much when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪
♪ melissa: others on wall street may street coming here is to make -- today. once again, everyone who owns tesla, the electric power company expected to us beat third quarter earnings. some predict the model has had 5,800 units. 850. that is above the company's estimate of 5,000. 5,000 cars. investors getting excited about what they're going. of course wonder boy owns about 27 million shares a tesla. amazing adrian and 601 million. i'm starting to wonder when he will make too much money. making crazy money. none other than abroad.
a little deep watering. $600,000. from a yard sale. but proceeds will benefit the academy in south africa. also making "money" today, anyone who owns mcdonald's. the stock was up. the olympic sprinter admits in his new memoir that during his two weeks of the 2008 olympics in beijing he ate approximately 1,000 chicken magnate its. he said that once he started he could not stop, even down in them for breakfast and asking mcdonald's to go make some money off that news. what better endorsement in the fastest man the world cinnamic nuggets are truly the breakfast of champions. that's all we have for you. i hope you made "money" today. you have to tune in tomorrow. it is all about marijuana. if it were legal would use market? be honest. tweet me. the numbers show there would be a lot more pot smokers than you
might think. we are letting it all up tomorrow, and "the willis report" is coming up next. have a great night. >> announcer: the following presentation is a paid program for the revolutionary hurrycane, the cane that defies gravity for those who defy aging, brought to you by hurrycane.com. lives are changing all across the country thanks to the all-new redesigned hurrycane. >> this cane has given me back a part of me that i lost. >> to me, the hurrycane is just like another leg. >> it's one of the best things we ever bought anywhere because it changed her life completely. >> announcer: it's the fastest-selling cane on national television and the internet. and now the made in america hurrycane is even better. the new hurrycane is 20% lighter and 40% stronger, thanks to the latest in ultra-durable composite materials.