Period. [applause] no one will take it away, no matter what. Melissa looks like the president has the some major explaining to do because new reports say that when the president made those fateful comments in 2009, he already knew that at least half the people who buy their own health insurance, were not going to be able to keep their existing plan. Politicians had definitely told some whoppers over the years, but just like bush 41s infamous no new taxes promise, president obamas false claim is poised to have hit millions of americans squarely in the wallet. Joining us now, are my favorite professor, charles lib some from the university of chicago and igor stroll can i from think progress. Thanks for joining us. Professor lipton, why these misstatements if you want to call them politely, because they hit peoples wallet. It is about your money. Is that what matters the most . That is when it matters the most. The other reason they matter they are flat statements. You can tell when those promises are being broken and one important difference is that when george h. W. Bush made that promise, he was making it for some indefinite future. He later broke it about two years later. In the case of president obama, it appears, that he actually knew at the time he was saying it that it was false. But its a serious problem because people expect the president of the United States to tell them at least what he thinks is the truth. He may be wrong but at least tell us what he thinks is the truth. Melissa igor, isnt that one of the huge problems . Buried in the obamacare regulations back in july of 2010 it did say that 40 to 67 of the 14 million customers that buy their insurance themselves, on the individual market, were going to lose their plans, that those plans would be eliminateed . Seems like now you can go back and prove he actually new that wasnt true . Thats a huge problem . There are certainly some caveats to his statement but the broad theme of, if you have employersponsored coverage melissa that is not what he said. If you have your insurance that is not what he said. Youre right. That is not what he said. Melissa you said you can keep it. Now there are millions hey, i hear you. He should have been more clear. There are caveats. At end of the day, he couldnt have controlled what insurers did, if they decided to change those policies. Melissa but you knew already. Not about controlling it. It is about admitting what you already know. It is about what insurers do. If insurers decide they will change their policy, if theyre not going to follow these new regulations those are decisions they make. Melissa i dont think it is not about not following new regulations. About the fact it is more expensive to cover more people so theyre not able to offer individual insurance for 98 a month. Youre right. Theyre melissa hang on let professor lip son go. What igor is doing what you will see a lot of over week or two, shift blame to Insurance Companies. Certainly the case that, Insurance Companies had to modify their plans in response to the new law. But that didnt mean that the administration couldnt have successfully grandfathered these in. The reason that they put it in such a flat way, with the word, period, nobody will change your plan, period, was that they feared that if they added the caveat that is eyeing gore rightly says they wouldnt sell the program. This passed by the skin of its teeth. Every single vote was deciding vote. They just couldnt say the truth, i think and pass it. Melissa igor, if you told people what it would really cost them and meant to their money, a lot of us at the time, if you can do math you can see it just doesnt work out. You cant add these many people to the roles especially people who dont have insurance it is too expensive. They have preexisting conditions. Put them on for very little money everyones elses insurance will go way up. If youre honest about the math and money wouldnt have been able to sell it, right. The honest answer about the money for most people in the individual market theyre going to go into these exchanges and qualify for subsidies, so theyre going to get more comprehensive. Melissa that is actually not true. When you look at l. A. Times article. It is true. Melissa case after case. No it is not they have individual case after individual case of people who are case study one person from california. Also states that most people will get subsidies. That same l. A. Times article. Melissa absolutely not true most people will not get subsidies. That is true. Melissa where will money come from . You have to have income level low enough to qualify. That is how you would get it, igor. If youre going to ask me a question you have to let me respond. Melissa you have to respond honestly, cant say things factually untrue remain on the show. That is my job. Hold over one. That is your facts. Make sure youre telling the truth. Or else you cant be on the show. That is the problem. Look at weighted average of exchanges, of plans being offered in the exchange, it is absolutely true, that six out of 10 people who are going to be buying coverage in the individual market are going to be paying under 100. Theyre going to be paying less because of the subsidies that are financed by those revenue raisers in the law. That is way law is built. Melissa if people are paying less money how would the math on this possibly work out . It doesnt. The problem is, what igor is saying in terms of subsidies, is both benefit of the program and a problem of the program. Its a benefit if you receive the subsidies, so you receive less expensive insurance. But somebody has to pay subsidies. Melissa that always somebody. That is paid in the revenue in the law. Law is paid for. Melissa weve got to go. Thanks to both of you for joining us. Huge news on zach Insider Trading saga weve been following forever. Adam shapiro is the breaking newsdesk with details. Yeah. What is new in here is actually kind of old that charlie gasparino, our Senior Correspondent had been reporting this is kind of deal that could actually be playing out. He reported that over a month ago. Heres what is coming down the pike this week, possibly next week, according to charlie, sac may enter into some kind of settlement on criminal issues with the department of justice an pay roughly 1. 2 billion fine. It would be largest fine in the history of these kind ever cases, Insider Trading. When you add already 616 million they have paid in the civil settlement for a previous issue, that is 1. 8, a little 1. 8 billion. But there are still many questions. If they do announce this as the deal, is steve cohen essentially prohibited from trading other peoples money Going Forward . Or would he now then close sac in would he manage his own money the key looks as they have they have got a deal. It has not been announced, nobody from the department of justice or u. S. Attorneys office in manhattan or sac capital would discuss this issue. According to charlie looks as if a deal is in the works that would result in a 1. 2 billion fine and company, not mr. Cohen, he has never been charged with anything, keep in mind, but the company, sac would be pleading guilty to the charges against it. Melissa adam shapiro, thank you so much. You got it. Melissa so is the key to a happy marriage a shared bank account . A new study says yes. Tweet me and tell me what you think. I love your responses so f. Some are scary though. It is our money talker. Forget selfservice grocery checkout, how about selfservice Security Checks . Love it or hate it . Well show you what it is all about. More money coming up. 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. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Melissa so forget love or communication being the key to a happy marriage because a new study says, what can keep you together is actually the most core are uptive thing out there, money supposedly spouse that is share a bank account are happier than those who dont. Do you guys think this rings true . Here with todays money talker, jeff gardere, wall street journal veronica dagger and celebrity and business powerhouse, jill zare ren. Happier couples what do you think . 100 happier. I pool my money with my husbands. He has more than i do. Now im doing okay. But, no, also, it takes one less thing to fight out. One less thing to fight over out of the equation. Melissa really. Married couples fight about money and power who is spending on what. If youre separate Bank Accounts, think about this, who is payin for food this week . Who is paying for diner . Are you paying for diner . Those things cause arguments. If it is pooled melissa a lot of people say it is pooled, other person knows who is the big spender is. So what . Melissa doesnt that cost i think you have to use the study. Selection bias. Work with couples who pool all their money are happy like you and your husband. These are the folks who put skin in the game. Theyre investing investing in r relationship. They trust each other more. More transparency. Of course the study will show they are happier. A lot of people have issues with money. Money is the bain of many, many marriages. Melissa i wonder, veronica, people keep money separate they have one foot out the door . They have separate Bank Accounts to make it easier . It is selfselecting the couples that pool it are thinking staying together. What do you think . I think youre right. If youre thinking about divorce, thinking of walking away or building a nest egg or not so secret nest egg. You want to walk out the door to pay for a lawyer or what else. Melissa that is ridiculous. If you get divorced half of everything is everyone elses anyway. I want to qualify my answer. My mother said, we wrote a book, about secrets of a jewish mother. You always have to have your own knipple. Which my husband does not agree with at all. Melissa do you, jill . On tv. Honestly i used to take cash and used to hide it away. I did. This way i wouldnt have to ask him for money or say, i need money to get amani cure. I hate asking for money even though it is my money. Melissa have an atm card, get money for yourself. Does that. Melissa you dont have an atm card. No. Credit cards. He has most of the money. Cashless society. Melissa wouldnt know what you were spending money on . I did. But then the cash stopped. Melissa that is really comical. I think there should be transparency you say listen i have my account, you have your account and pool something in the middle. Melissa that is very complicated. My mother is like that. You have to have a little bit of privacy. Melissa dont you fight what is coming out of the joint account . Im doing this out of my account but i want you and joint account we pay the rent. Of course people fight about it. Of course they do. Of course people fight bit but again, when you have a marriage it is about communication and you try to work out those issues. You win some, you lose some but at the end of the day you compromise. Having a joint account takes pressure off. You go to wedding and want to buy a wedding gift. I want to spend 300, i want to spend 500. Why do we argue about this. Im in charge buying gifts for family and i go into the joint bank account and buy the gift. Melissa dont you have to have a cfo of the family . In my house thats what you have find. One person who is responsible for keeping track of everything. Otherwise people are writing checks out of the same account. Cfo in most families . Women. A lot of guys they turn over, whether the woman is making own money. Melissa not in my house. Turn it over to the women with wiser about what to do with the money. Melissa are you cfo of your house . My mom takes care of everything. Melissa a lost women arent. That is the problem. Another reason you should have a joint account, if the husband dies, you get a divorce you will be clueless. My mother said a lot of woman are in trouble dont have a knipple. End up getting a divorce. Melissa that sounds obscene. I cant help it. [all talking at once] im sorry. Melissa keep saying that. If one person makes the money and controls the bank account, isnt it lop sided in terms of power . Yes. Very, very lopsided. If one person makes all of the money, you have to melissa and pays the bills. And pays the bills. Melissa even if they toll the other person, do whatever you want i think power i see a lot of women who resented their partners because of that. That may cause a divorce. You will tell you if you have someone makes all the money and controlling it, you better find Something Else in the marriage that the other person will be must more civil on. Melissa each person has to have own separate accounts, that is being didnt now. That is society. Each person has their own rights and do what they want to have privacy. What do you think about that . I dont think my husband needs any privacy. No. But my mother, what happened to the old saying, what is his is mine and what is mine is mine . Melissa yes. Do we like that . Melissa no, i dont think so. Important to have some sort of independence but have it within the confines of relationship. Melissa you want your cake and eat it too. That makes no sense. How do you make that 5 of each of incomes spend without checking with the other person. Or set a spending limit. Melissa now youre starting to make sense. This is something we said, over xamount, whatever is comfortable in your household. You cant go out and spend a thousand dollars, say to the other person, how do you feel about this . I really want to do this. Bobby went downstairs for fedex with business but ended up with three boxes from saks fifth avenue, where did these come from . You told me to go on diet yesterday and i already bought this. Think bull a the money you saved . Melissa im growing to leave you guys here to fight about this. We are going to fight about that. Melissa come into the home without any cash, because after that segment you dont have any cash. Who would not want to do that . Which have all the options. Plus are you ready for selfservice Security Checks . What the cost of making you feel safe . Do you ever have too much money melissa big thing blocking so many from buying a new home is clearly money, but did you know there are ways to pick up a new property without any cash . There are actually some sweet deals for buyers and now, is the time to take advantage, because prices just keep going up. The s p caseshiller index shows home prices rose 12point yearoveryear. Which is 12. 8 . Large aft annual increase since 2006. Real estate expert Stan Humphries from zillow. I was shocked when i saw the article. Yahoo went out and put together a bunch of places where you can get a loan with almost nothing down. A lot of them are government. Veterans administration, no down payment, u. S. Department of agriculture, navy federal in virginia. Some are private. Banks in florida, td a america mortgage. Only requires 5 down payment. Is this surprising that this is going on now, stan . I think a lot of consumers hear that and think 2006 had largely gone away the ability to get a large mortgage with no down payment. Federal Housing Administration where you get as little as 3. 5 , down, persisted during the downturn and the fact that they have persisted is why federal Housing Administration mortgages account for 25 of the market place, when people wanted no down payments they had to go to place like fha the trouble with fha mortgages they tend to be a little more expensive for the right to put nothing down. So if you look more like va loan or Rural Housing service or in a rural community, those have very lowdown payments but, the fees wont be as high as fha mortgage typically. Melissa so, if youre a consumer out there looking at Housing Market and want to get in and buy something right now. Is it smart to go with for one of loans where you dont put anything down, or are there things looking out for . For example, look at td america mortgage. On the surface, looks like really good deal. Down payment of 5 . 2 of the down payment can come from outside sources. Could be a gift. Yeah. I think that in general, i guess i would caution people. I think these are really good products for firsttime homebuyers trying to get into the market to get a foothold and build equity over successive years and equity where they pay larger down payment in the next home. I get a little worried when we see existing homeowners buying next home. Melissa right. Continue to finance with no cash down. That is exactly what got us into this mess in the housing boom when people were putting nothing down an pulling equity out of their homes through home equity lines of credit. They have no equity. When housing turns down, immediately first to walk away. Melissa right. Need to be a little bit careful from lender perspective. I think also to be responsible borer, think about how much you should put a little bit of skin in the game. Melissa what you said is exactly what worries me about seeing so many places now cropping up, even beyond the government. We know the government wants to incent people to get out there and buy homes. , for many different reasons. But now if you see private lenders actually responsible for their losses, actually doing the same thing, it makes me wonder, are we in another bubble, especially when, beginnings of a bubble, especially when you couple it with the caseshiller data, beginning of segment saying home prices have gone up so much . Are we feeling little bit of a bubble right now . I would separate the bubble question into, there is what is happening on the lending side and i dont think i would say right now were in anywhere near, generally lending standards are still quite tight. Quite relative to 2006 standards. Look longer view they look more like lending standards prevailing in the 1990s. They are not crazy. They are very tight and hard to get a mortgage. Zillow analysis last week looking at quotes in the zillow mortgage marketplace, and found a third of americans have less than 620 credit scores, theyre getting no quotes whatsoever. So generally those people are locked out of the Housing Market. When you look at housing bubble, more effective ways what are prices doing relative to historical levels. There the u. S. Generally looks affordable. For the 15 years before the housing runup, americans spent 20 of incomes on mortgage payments. Right now theyre spending 13 . A lot because of low Mortgage Rates. Even if Mortgage Rates go back up, they would only spend 17, 18 incomes on mortgage, less than half historically. Nationally were not in housing bubble. There are markets look a bit more where the margin is much smaller. Melissa quickly before we go, you said something at the top in economics class, if you didnt put money down you were a renter, whether you are a buyer or not. That is what it is about. Do people behave differently if they dont put money down when they come into a house or is that a fallacy. No, that is distinctly not a fallacy. If you look at two most important factors in default rates, they would be how much money you have put down and what your credit score is. So there is sometimes, you hear this concept, you know, down payments dont matter. The Empirical Data show that distinctly that is not true. More money you have, more vested you are in the house and less like i you are to walk away. Melissa Stan Humphries, thank you so much. Good stuff. Thank you. Melissa coming up, ready to check yourself in . The idea of selfservice Security Checks may sound scary. Could be coming to a venue near you. Well show you the first of its kind. Who made money today . He is helping launch a whole new kind of real estate bond. He is making millions from his midas touch. Keep watching to find out who it is. Piles of money coming up. Melissa the Grocery Store checkout, Customer Service tollbooths kamal services now being handled by machines. Coming soon, Security Check in. A california start up we will start offering automated Security Checkpoints as like stadiums and amusement parks. Make sure that the Airports Security line wont be far behind, the woman behind the technology, founder and ceo. Thank you for joining us. Tell us how it works. Well, thank you very much for having me on the show. The way that this works is, this is really a whole entry experience solution. It puts together Different Technology and processes. What you do is walk up to this really beautiful honeycomb looking system and see a green door. He would take your ticket or your boarding pass or your insurance card, whatever it may be for that they swipe it to open the door and place your bag in sight. Then you would walk through whichever date or detection mechanism is already there at the venue. In the meantime the system as multiple sensors that are all looking for hundreds of parameters, calculating. Everything is okay you will take your bag out. You will be the only one that. Melissa one of the biggest differences for people that are experiencing it is rather than putting your stuff on the belts where it goes through and theyre is a human being looking at the monitor and deciding whether or not there is something in your bag, hear a computer is deciding what theyre not their something in your bag. You say the point is not simply to match a knife in your carryon are back with a knife that is in the database, but rather for the computer to understand what a knife is a detective. What does that mean . Well, what it means is that is that this computer understands. We teach it what a threat is and what a Family Affair is which is important because you dont want to be looking for yesterdays problem. You want to be able to find something new and different that you have not exactly seen before and by being able to keep everything in the bank. Melissa how does it do that . Algorithm, heat, how . It uses multiple sensors and calculates based upon the sensors these teaches. It is called Machine Learning and the machine basically learns this phenomenon. Melissa it looks like it will be cheaper than having a normal xray machine, takes up less to have less space, a quarter of this base. 50 percent less staffing. How much do you save on average, and is that one of the big selling points . Well, most definitely if you will be getting down the cost of your personnel by 50 percent or even one third you will be seeing annually large personnel and operational costs. Usually with equipment like this , Service Contracts also cost. Our Security Service makes all of that, but it all into one package melissa how is the basic machine compared to a builtin scanner that we would see if the airport . Cheaper, more expensive . Well, it is entirely unrelated because were putting together an ente suite of Security Services that also include connecting in talking to other systems and all those services that go around it. There is no way to compare. Melissa one cost some amount in the other, Something Else. Is it more expensive but youre saying you give more . The way you might compare it, if you wanted to take someone using a Technology Already in place to replace five lanes you would be able to save anywhere between m million to even two per year on the total package of what needs to be around the systems. Melissa your first batch of centers, five of them, already spoken for. Obviously demand. Thank you so much for coming on. Appreciate your time. Thank you. Melissa you have seen what it is all about. Is it easier to outsmart a machine and a person . A former new York City Police detective and security expert. What do you think . Are undertaking is ambitious, but i have three serious questions. The first is, she earns and that the machine will learn a cumulatively as it gains intel and data it will give more efficient. My first concern is the learning curve. Does it take six months for it to become smart enough to know that the knife is a knife, not a series of of rhythms, as you referenced, which is kind of what is real and lakes is about, an anomaly of pixels in the picture. Melissa i have to say to my just a computer to look eerily throwback better than i just a person, you know, it may be midnight, it may be that they are tired. Distracted, we have all gone through security, whether the tsa or a stadium. I go through a stadium. I mean, its a huge target. They barely check your bank. They let you bring less and less income will you bring in, the pad down is basic. Even if theyre is a learning curve i tend to adjust the machine more. Am i wrong . I would tend to part company with you. My first point would be one not both. Melissa with a polite way to disagree. There is more that came from. The thing is, what about weapons that are not house in traditional bodies. For instance, knives that are belt buckles, handguns that us here at letters, that machine will not learn that in kelp until it encounters that anomaly. Melissa when the human misestimated . Ive not think so. Properly Trained Personnel who are nosey and inquisitive and thorough in on the same alar, a properly Trained Personnel will identify that. Why not both . Melissa but the other problem. You were busy writing. What else bothered you . I was writing down nice way to disagree with you. Trick weapons, a cumulative knowledge, and the fragility of the circumstances the thing is this, if an airport checkin line is 65 degrees and it is chilly, the airconditioning is on and someone is sitting on line and sweating profusely and agitated and nervous, that totality of factors, disparate factors, a human being will subjectively process and say to my guess what, she looks a little suspicious inclined to look closer. Melissa the human element, the debt and steve, this person gets me a feel. I dont really trust. She is saying no. Especially if you look and airports situation, this is not the scanner that the person goes through. This is for the bag. You wonder in combination if you have this on the com system that you showed a switch that is where you put your bag, you kirk fear to you think not having human beings look inside the bag and all, is that a better situation . Worse, the same . Netnet, worse. The reasons i have outlined some of the totality of factors. It helps the process. The database will not have those records. They may not have about belt buckle that is a hand gun or knife that is a cigarette lighter and the other one is quite honestly that this machine is objective. It is waiting for a change in pixels, the same as video analytics. Melissa he thinks objective is better . Absolutely. Melissa interesting. From the u. S. , every money has been flying around every corner of the globe. Struck a deal with the Chinese Company to start offering home theaters. The latest sign of a powerful lure that china has become for hollywood and its suppliers. The deal was made because it expects china to be the biggest market for home theaters. The new system, get ready for this, 250,000. Next to cuba the Un General Assembly is pressing for the 22nd time for the u. S. To end its embargo against the country. Chinas foreign minister says the american policy which has been in place for 53 years is barbaric and amounts to genocide. The economic damage has caused more than a trillion dollars. 188 countries voted for lifting the embargo. Is row was the only country that join the u. S. And voting against it. And over to russia where the country has broken in zero ways to pledge for the upcoming olympics it was the centerpiece of russias bid to host the games. It pross the cleanest olympics ever by not dumping construction waste. The Associated Press went for a visit and reports that tons of construction waste is being dumped in an illegal land fill. That could even possibly contaminate the water were the gains will take place. Evidently russias budget did not provide a full treaty construction waste. Next up, tiger taken out. The newest p. G. A. Golf tour video game will not include them. He is just not money enough. Wait until you hear the details. The end of the day, i guess it is all about b melissa it looks like it is game over for tiger woods, videogame giant Electronic Arts has cut ties, opting to leave him completely out of the pro golf pga game that has worn his name for the past 15 years. It is a sign that his off the course dalliances and declining play have finally caught up with his brand . In Sports Marketing strategist. I mean, is this shocking to you the you have a golf game without tagger in a . Not really. If you look at the fact of why people on buying, its because they make a really good product. The fact that tiger woods, it will be tiger woods pga tour golf, people and not going to not buy it. Melissa my first thought was its all about the money. They dont want to pay him. Is it that or is it that he just carries too much baggage . At this point people look at this as an active thought. A tie him up with the gossip, but the fact is he is winning on the golf course, but not winning majors which is what people really plays into when they think of tiger woods. He has not done it, so he is not as marketable. Melissa a cautionary tale. I mean, and of course i want to make the point that he is not going to miss this. He is still the athlete out there. Im sure he could care less, but is it a cautionary tale for others who are letting their brand slip . Who was to uc in danger of being dropped from being a headliner . I think that if you look at like a boxer, for many years the tiger was a boxing, indestructible. Then you lose one fight, dump floyd may weather for a little bit. All this and you are not as marketable. Tagger had problems of that range, but he also had them on the range and had not been performing at the same level. Melissa 8run is another example. In no way. He never had the endorsement dollars. If you look at overall salary he was always in the top ten because he was the highestpaid baseball player, barely dragging a million in endorsements. Now or never went to him for a major endorsement. Melissa michael vick. Somebody else. Is it possible he is somebody who people watch him again. You never thought i was not sure you would never see him play again. Could he ever reclaim endorsements . It would be tough because when youre dealing with dogfighting, that is something that is hard to come back from, and he is not performing on the field. Who he should look at is kobe bryant. Great charges, Different Things that went on, major indoor surfers bright, nike, and the face of the nba along with lebron james. In terms of coming back from scandal it is really covey bryant is set to stand did. Melissa back to tiger woods. Is it about the play or the gossip . If he was to get back, you know, if that is impossible. If it is even possible. Melissa the invincibility that he had before, even half of it, would he be right back in . Or is the branch is tired . Think the brand is tired and theyre looking to go in a different direction. What this opens up is going to a competitor in helping to brand the competitors new game and really getting a bigger piece of the pie, may be having more creative input. It would be if another game developer could brand their game with him. That would be something to look for. Melissa interesting. Would you pay big dollars for art on an ipad . An exhibit filled with images made on an application. Is it art . What do you think . Look at that. Is that our . Stay where you are for spare change. You can never haven c cpcpcp melissa it is time for a little hard fine in spare change. A whole new medium of art created with an act on an ipad. Britains most celebrated living artist has a new exhibit at the Fine Arts Museum of San Francisco on display. 147 pieces that huckabee created on his ipad and 18 that he made and is iphone. Most of the pieces are displayed on a digital monitor like these, but some of the works of been printed out in their 12 feet tall, like these, you simply national park. Joining me now, the Deputy Director of the Fine Arts Museum of San Francisco, richard. Thank you so much for joining us. What is your response to critics who say it is not art . Well, i would beg to differ with them to start with. David hockney has been interested in technology his entire career and has been making all sorts of prints. I think that this ipad technology and the ability to draw on the ipad is taking him into that next phase. As he says, it is a new medium, and we dont know where will lead, but the one thing that he is doing would be drawings that he does on the ipad to my very similar to what he has done throughout his career. He is printing them, as you said, the bigger drawings are printed 12 feet high. He is using a very highquality ink jet printer that takes 20 minutes for each sheet to printout. He is really pushing the limits of the technology in every direction. The ipad does not draw itself. You have to be a great artist to produce the sorts of things that he has done on the ipad. And, of course and he is pushing the limits of the printer. Melissa i understand the uses his index finger to paint instead of a brush. It is obviously different from blending wiles of watercolors. You know, how can you explain how you get the different pigmentation an intimation of color if youre using your finger rather than a brush and actual physical material . Right. I have not done any myself, but my understanding is hes using an act called brushes on the ipad. And that allows them to select from a huge array of colors and also to makes the colors, but also allows him to adjust the width of the line that he makes with his finger as well as the different effects, whether it is a brushlike effect. And he actually cause calls it drying on the ipad, not painting. And that is a big distinction. Melissa it is. I can see what youre saying. To us it is large and colorful, as they have to think about amateurs are being educated. It seems synonymous with the painting because it is that is how it looks like people of doing it in the facility. Of course of our is priceless. Our show is called money and we are all about money. As of right now is it worth more or less right now . You would know. You can sure these things. Is iworth more less right now . I dont want to talk about the price of art because in the museum field we are all very reluctant to do that. Will say that david has not sold any of these drawings that are printed get. So it remains to be seen but the market will be for them. However, he is still pointing. When he returned to california in jul he started painting in acrylic on while, portraits of his friends and close ones, and we have 18 of those. That young museum in Golden Gate Park where the exhibition is on view. Melissa i am sure it is phenomenal. I looked at the work on line. It is breathtaking. Have been to the museum. Thank you for spending your time with us. We appreciate it. In queue for having me on, and come csn San Francisco. Melissa for sure. Up next, who made today. One of realestate sand used billionaire bowles. I will tell you who it is right after this. You can never have too much money 42 much art. 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. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Melissa whether it is on wall street on main street, here is to make money today. Everyone who owns blackstone group. To hedge fund is preparing to sell half a billion dollars in rand backed securities, similar to mortgagebacked securities, but these bonds are backed by monthly rent paid they allow a transfer of risk from blackstone to bondholders. Investors are liking what they hear about that. The stock closed up more than three and a half today. Jonathan gray collins 40 million shares of the company. That means he made thirtysomething Million Dollars today. Very nice. All right. And finding forgotten money. A guy in norway who bought about 27 worth of bids back in 2009, he was writing a thesis on encryption. He then forgot all about it until the widespread media coverage. When he checked on his investment he calculated that it had turned into a windfall of an amazing 806,000. And i get excited when i find it tandon bill in my jacket. Throwing money away, this guy went to the mat to prevent his exwife from getting any money in a divorce. He told the judge that he converted their life savings of 500,000 into gold, about 22 pounds of it. He then down to it in the trash. The 22 pounds of gold. Im not even sure i believe that story. Thats all we have for you. We hope you made money today. Be sure to tune in tomorrow. Barbara corcoran will be here to talk about making money from food trucks. Plus, i got in one to learn the tricks and the trades. Dont miss that tomorrow. It will be awesome. The willis report is coming up next. Warning, the following jokes are raunchy, risque, and for adults only. Suzanne, you look great. I think ill have your room sent up to mine. No one threw a better party, a better black tie, alist, racy, raucous, hilarious party than the king of cool. Dean martin. Dean martin. Deano. Dean, youre a phenomenon. You look like cary grant and you smell like ed mcmahon. Starvista entertainment and time life present the dean martin celebrity roasts. Dean and i have been on more floors than johnsons wax