Stress test on march 20th. That is breaking news were getting right now. Well hear more from banks on the stress tests on march 20th. That is the past doddfrank. Lets get more from the pits of cme. Andrew, do you think well have any surprises there. Absolutely not. One thing i keep an eye on cboe volatility index, known as the vix. The fear gauge saying there is not much fear in the market. There is always we have some concern. The fact of the matter the stock market wants to go one direction and that is higher. Im very close to selling a lot of positions but iicontinue to be long and continue to make money. Doddfrank, stress stress, were think that will do anything. I will watch activity in the bank stocks before that. Weve seen a lot of call activity in dfs, discover financial, in march. I dont think it will matter. The stock market continues higher. Andrew, more breaking news on bottom of your screen. Three fed Bank President s voted to increase the discount rate in january. Does that surprise you and what it tells you about the future. Of course it doesnt surprise me. Nothing surprises me in the stock market. Throughout the history of 12 years of trading heart of heart biggest bear out there. Unfortunately if i want to make money as trader, only two ways to be long on the market or flat on market. We have concerns in china. Concerns in emerging markets. Oil breaking above 100. We see cold winters everywhere. We see retail starting to slow down but the fact of the matter s p and dow is continues to move higher there is chase for performance including stocks like tesla. Melissa andrew, thanks for standing by on the breaking news. We appreciate your reaction. Its a money triple header. Jpmorgan laying off thousands of workers in the mortgage and retail bank. That is basically double that was announced. Behind the scenes infighting at pimco that reportedly forced out mohammed elerian. We have fox business, Charlie Gasparino and barrons editor, jack otter. Charlie, jpmorgan first. This is, more or less, i dont know what the stock is doing today. This should be nothing on this. Melissa it is double the amount we heard before. They had said it would be 4,000. It is about 8,000. Down about 1 . We reported in december they would do additional cuts on the mortgagebacked, in the mortgage market, in the Mortgage Business and for the simple reason that bond yields are going up. Melissa regulation. And regulations are going up and they are going to do it. We point out theyre not only one. Everybody will do it. These are marginal cuts. This is not a big study of the we did it in december. Everybody knew it was coming. They announced melissa jack, what do you think . When i refinanced a year ago, guys told me they were working 15, 16, 18 hours a day. They knew this party was over when rates started to go up. I dont think this is a surprise at all. Jpmorgan gave every reporter that call in the december. Maybe i was only one that called, gave guidance this is coming this is not a big story. Melissa move to pimco then. That was the moment you heard mohammed elerian was out. What is the real story . What is growing on behind the scenes . Did we learn more about that today . Bottom line, thanks to the journal story it doesnt make bill gross look very good. I dont think elerian was forced out, just he couldnt take it anymore. Anybody that works there, knows bill gross, im not friends with bill gross, i dont know him, might have talked to him once in my life. Stories of people that work with him this guy sin credibly difficult boss. To survive, he will never retire. Melissa he literally will never retire. Until he is dead, right. Melissa yeah. We should point out mohammed elerian, didnt he manages a portfolio that did pretty lousy . His returns on that global, something, something portfolio he was managing melissa i dont have the off the top of my head. I do. He did have no the returns. He was not doing great. I will tell you when it comes down to it, bill gross is a very difficult guy melissa they were fighting. It plays out like a marriage. Look at these guys, look at cult of personality firms, cult of personality firms. Larry fink, much easier guy to work with than bill gross. Melissa we have got to go. Guy, thanks so much. For more of todays wall street major gossip. This was a blow to more than half a Million People who follow gs elevator on twitter. Turns out he doesnt actually work there. It is this guy. Look at that say it isnt so. Here is the wall street journals john carney. John you collaborated with this guy in an article, right . We communicated number of times. I was not purchase very what his secret identity was. But im not surprised he didnt work at goldman sachs. I did a lot of investigating talked to people worked at goldman. Couldnt pin it down to anybody from goldman of the was pretty sure it was somebody else. He might work for kyle bass actually. Melissa he used to work at citi. He left citi in 2008. That is why, it is not like he was totally out of the blue. He did have a relationship to the Banking Industry but had more than half a Million People following him. He had a huge book deal. The editors behind his book deal say theyre still Going Forward with it, right. Of course they will go forward with it, what i got right was the tone of the way certain people on wall street talk. Melissa yeah. And that is what got him all the melissa why would anyone buy the book now . Whole thing interesting, that somebody inside goldman sachs. A lot of people tweeting from inside somewhere like other financial networks, they are inside over there. None are as funny and on target as he is. That is why people are going to buy the book. If you want a real deep insight what it is melissa doesnt matter if it is on target he is not there one example of tweets. I covered ask. Ac no lies. Could keep miss may back out front with Engine Running all times. Whether or not he did there was some sled of shred of some truth. Now it is all lies. I have no interest in the book. It was always a parody. It was there to make people life. Not there to give you deep insight into goldman. It gave you deep insight into the mindset of certain people that work in finance today and very human or russ one at that. A lot of people will be very into it and the book will sell well. Melissa thanks so much. Coming up bitcoin on the brink. Another debacle hits the troubled krypto currency around ron paul tells us exclusive what happens next a whole lot of green coming your way. This time the shrek kind. Dreamworks animation results after the bell but we have ceo Jeffrey Katzenberg on the future of one of the most famous animation franchises. First, more money coming right up. Melissa bitcoin having a really tough day. Some say this could be the end of the Virtual Currency all together. Jo ling kent is following whats looking to be the demise of Bitcoin Exchange mt. Gox. Jo . Hey, melissa, were trying to get new information for you but now mt. Gox was the most prominent Bitcoin Exchange and was taken down as leading exchanges said it would file for bankruptcy. It might become insolvent after some technical issues and potential major theft amounting to millions of dollars. Mt. Gox was silent until this morning when the website suddenly posted this. In event of recent news reports and potential of mt. Gox operations and market, decision was made to close all transaations in order to protect the site and our users. Well closely monitor the situation and they will react accordingly. This past sunday the ceo withdrew from the bitcoin foundation. Yesterday a group of six Bitcoin Exchanges issued a statement on coin base saying that the alleged misactions on mt. Goxs part is tragic violation of the trust of users of mt. Gox and it was result of one companys actions. They say it does not reflect the resilience or quote, value of bitcoin and the Digital Currency industry. After that came out mt. Goxs website just went down. So a handful of protesters you see here, they have money in mt. Gox. They have demonstrating outside of the Head Quarters in tokyo. The price has been volatile for quite some time. Bit stamp, Second Largest Exchange by val volume, is down 33 month over month. Six Bitcoin Exchanges they insist that bitcoin is alive and well. They say mt. Gox is darwinian, something had to go and weeded out. Melissa. Melissa thanks so much. One of these has sound ad alarm. We have Alabama Security Commission director. Thank you for joining us. Glad to be here. Melissa why are you sounding the alarm right now. Look, we have received a number of complaints and if you look all over the internet people are having trouble getting their money out and i dont think people really understand that this is unregulated. It is a Virtual Currency. It is not backed by anything. Youre taking highrisk. A lot of people got in bitcoin for investment interesting. That is where sec and security regulate, come in. It is transferring money and back and forth that is money transmitter issue. And volatility it acts like a commodity. That is cftc issue. At some point there has to be legislation on this. Melissa defenders say just because mount box has problems doesnt mean the entire currency is debunk. Bit stamp says bitcoin is not dependent on any one actor. Bitcoin protocol works exactly as designed. The bitcoin remains strong despite the failure of any one exchange. How did you respond to that . Didnt you just say a minute ago, their bitcoin is down 40 because of mt. Gox . I would say theyre interrelated. If somebody told me my bank value just went down 40 because a bank across the country just collapsed, i would say i would be really concerned about that. So i think there has got to be melissa is it regulation . Is it do you not want bitcoin around at all . No. At this point i think we have to look at what this is. It is not suitable at this point for Retail Investors or those who think this is a safe investment or somehow, that this is the same as a dollar bill. Its not. Melissa im not sure anyone thinks that. I think people that are investing in it think it is not the same as a dollar bill and thats why theyre interested in it. They have dont trust government currency and they dont trust regulation. They seem like they know what theyre getting into. Let them lose their money if they want to. When you look at what government is supposed to do, it is supposed to have a fair playing fieed. That means you need to know what the risks are. Im not going to get on a plane with only one engine when it is supposed to have four. But if people dont know that melissa everyone on television is talking about that, everyone whole al peep it is not regulated. Untraceable. Seems like the risks are huge and apparent. I think the risks are huge. Im not sure theyre apparent as you think. I think all the protesters terse you were talking about had no idea they couldnt get their money out. Otherwise they wouldnt be protesting. Okay i do think there is a lot of issues. Melissa thank you so much for coming on. I hope you come back to let us know an update on all this. Be glad to, thank you very much. Melissa up next, more on the bitcoin alert. Ron paul is back on the show of the last time he was saying it could kill the dollar. Well see if all that has changed. Ogresized interview with one of the most influential names in entertainment before dreamworks reports earnings after the bell. I have an inside scoop from Jeffrey Katzenberg with inside scoop on the most successful animated franchise. Do you ever have too much money . Predicting the future is a pretty difficult thing to do. But, manufacturing in the United States mes advanced thnology. We lrned that techlogy allows us to be craft oriented. Theres no beer robot that has. No ones losing their job. The technology is actual creating new jobs. Siemens designed and built thright tools and resources to get the job done. Can you start tomorrow . Yes sir. Alrit. Lets share the news tomorrow. Day we failrly by. Tomorrow were booked solid. We close on the house tomorrow. I want one of these opened upbecause tomow we go live. Its a day full promise. And often, that day arrives by train. Big day today . Even bigger one tomorrow when csx trains move forward, so does the st of the economy. Ecsx. How tomorrow moves. Melissa heres one catching our attention. Of the investors powering up shares of game stop today. The stock is on a tear up more than 7 00 percent as retailer announces plans to discount the xbox titan fall bumped dell, whatever that is in its london stores. Im not a gamer. You can reorder it until the game is released in march. The stock is popping. Up seven 1 2 . Good day for those investors, wow. As you heard about it coin not making headlines not in a good way. I want to bring in a man who has thoughts about this and other matters for that matter. Former congressman dr. Ron paul. Thanks so much for joining us. What do you think is going on with mt. Gox . Well, ill tell you what, im not too surprised about it but to me the only disappointment is, we havent seen real good competition with our dollar. I still think gold and silver is the real competition. So im not surprised at all whats happening. I never predicted that this, this type of Digital Currency is going to be able to replace it some day, it might help. You know, substitute for it, once the fed destroys the dollar which is, which is inevitable. And then other things will come about. But ive been so much involved in hard assets and something you can hold and touch, i was melissa you dont like the idea of a Digital Currency . I like the idea of competition. If somebody else can figure something out and dont commit fraud. There are a lot of questions about whether there has been any fraud. No, the concept, i want to make it legal and i want competing currencies but no fraud and, i think, i believe that a Digital Currency was legitimate and the government should never interfere and close it down. That is my biggest concern. Melissa but doesnt this all make sort of an argument for government regulation . Because you look at amount of money people cant find whether it disappeared or not . 350 million in Digital Currency has been separated from its rightful owners. No one has any idea where it is. That seems to be a cry to bring in regulators. One such regulator was on just before you. What good have regulators ever done . Weve been having super regulation since the 19 30s and sure had a lot of booms and busts an inflation. Melissa if a bank goes out of business you can get your money back. It is insured. You know where it is. Go ahead. Actually that is one of our biggest problems is that creates the moral hazard. That is why banks, when they get free money, and then they can make all the mistakes in the world and always guaranteed, there is source of your financial bubbles that in itself is a problem. The market regulates. If it is not there and the consumers know about it, you know, the, the producers didnt get punished. I think the market is much tougher. Today, you know, five years ago, when we had our crisis a lot of people were bankrupt and in big trouble and regulators came in and bailed out all the people who were ripping us off. So the regulators, the regulations are always written by people who are getting regulators. Bank gets control of regulators as well as congressman and they write, they write the rules. So it doesnt do any good to have the reguuations. I think regulations of the marketplace you suffer the consequence you go bankrupt, if you dont do right. Who make the mistakes and pute the burden on the middle class and the poor, then you cant cry for more regulation. Because already melissa the director we had on before you people dont understand the risk involved with bitcoin and dont understand the hazard and that is why government needs to get involved. What do you think about that . That is silly. That is about where my position was. I didnt get involved because i sure didnt understand it. What would i do that for . I mean nobody has been able to tell me, you know, what this alternative currency is like although i endorse the principle but if you ask me to define an alternative currency in gold, let me tell you, i can show it to you and i can have you feel it and touch it and put it in your pocket but nobody knew anything like that when it comes to a Digital Currency. Melissa dr. Paul, thanks so much for coming on. Okay. Melissa up next, the select franchise raked in more than 3. 5 billion at the box office. Wow it is not stopping there. It is reporting earnings after the markets close today but first, here what Dreamworks Animation ceo Jeffrey Katzenberg has to say about his very big plans. Jeopardy purists up in armss the game show villain, arthur chu, he is a hero villain, is back here on money and we cant wait to hear how he will spend all of the cash that he just won. Piles of money coming right up. My dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve problem. Dad, it says your afib puts you at 5 times greater risk of a stroke. Ats why i take mywarfari. But it looks like maybwe should ask your doctor about pradaxa. In a clinical trial, pradaxa® Dabigatran Etexilate mesylate . Was proven superior to warfarin at reducing the risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thanks for calling my docr. Sure. Pradaxa is not for people with artificial heart valves. Dont stop taking prada without talking to your doctor. Stopping increases your risk of stroke. Bereurgery or a medical or dental procedure. Pradaxa can cause serious, sometimes fatal, bleeding. Dont take pradaxa if you have abnormal bleeding or have had a heart valve replaced. Seek immediate medical care for expected signs of bleeding, like unusu bruising. Pradaxmay increaseyour blk ifoure 75 or older, have a bleeding condition or stomach ulc, take aspirin, nsaids, or blood thinners. Or if you have kidney problems, especially if you take certain medicines. Tell your doctors about all medicines you take. Pradaxside effects include indigestion, stomach pain, set, or burning. Ifou or someone you love has ab not caused by a heart valve problem. Ask your doctor about reduci melissa all right, we want to show you whats going on in the market here, we have slipped into negative territory. You can see the dow is down 15 points. We got some Consumer Sentiment numbers that were worse than expected. The s p, though, also slipping about a point and a half, the nasdaq lower as well. And oversized deal is having one company see lots of green. Dreamworks is creating six schleckthemed parks sh shrekthemed parks. I had a chance to speak to the executive, jeffrey cats cannen berg, was here. Good to be back with you, thank you. Melissa tell we about this concept, because it sounds like its much more bitesized and palatable than the big investment of going to disney world. These are smaller parks, the one run by merlin. Is that right . Yeah. Actually more two, two and a half hours, you know . Think about it as almost like a theater show or even a sort of big, you know, movie experience. Its where the audience actually gets to participate in the show itself, and, you know, great interaction and storytelling with the characters, with some Great Technology in it, and its a couple of hour experience, and its right there in the center of london right by the eye. Melissa this is the first one. Itll be completed in 2015. I know there are going to be six altogether. There are no new shrek movies coming out, why did you got not do Something Like madagascar which we are currently watching again and again in our house . [laughter] we like to allow these things to have a little bit of time to res. I think you can be confident well have another chapter in the shrek series. Were not finished and, more importantly, neither is he. Melissa in the long run, how much revenue do you think Something Like this can generate many. Well, you know, theres actually, its kind of valuable for us in a number of ways. You know, once there are half a dozen or more of these up running around, its actually a nice recurring revenue stream for dreamworks. In addition to that, it creates a great presence for us and very, very high traffic, very important, you know, places where lots of people, you know, lots of tourism. Theres a dreamworks store that will exist inside each one of these, so theres a lot of ways in which we will get value and revenue from each of these. Melissa it seems like its all part of a plan to shift a lot of the business or at least a portion of the business away from Movie Theater releases. I know that turbo was a disappointment in terms of revenue, although i have to say i bought four tickets to it two days in a row so, jeff, i did my best well, and its [laughter] melissa were now watching the new series on netflix as it rolls out on turbo. And there you go. And there you go. So even though the movie, you know, really didnt live up to all of our highest expectations, we kind of got crushed there in the traffic of summer, the movie was a very good movie, a lot of great fans like you, thank you very much. And then has moved on to now have a life, you know, in a tv series, very, very successful one for netflix. You know, the toys will continue to be around for some time. So in the long run, it actually will be a successful franchise for us. But to answer your question, we have a Great Foundation with these movies, great stories, great characters, now six franchises. And what we want to try and do is build out the company into a branded Family Entertainment company. It doesnt mean movies are less important to us, it just means that there are many, many Revenue Streams and opportunities beyond that core. And thats what were really focused on today. Melissa but in terms of a percent of revenue, what could you see that shift going to . I know movie revenue now, what is it, 7080 of what youre looking at . When you see met flicks coming in netflix coming in, how much lower could that a number go . What could it be in the next three or four years . Well, you know, i think well be more like three to five years out from now. I think that that number will go below 50 and, ultimately, down to a third. Again, not less important, just the diversity of opportunities and ways for us to use those stories and characters has escalated dramatically as the companys gotten bigger. Melissa how important is that relationship with netflix, and did you encourage them to do this deal with comcast . Well, we had nothing to do with comcast deal. It sounds like a very good one for netflix and, you know, netflix is easily our singlemost Important Partnership that we have. We will be in business them for many, many years to come. Theyve ordered over 300 hours of original, new animation content from us, and frankly, its given us an opportunity to start a whole new business. And so we, we are squarely in the netflix camp. Melissa you see netflix overtaking movie releases . No. I think its a complement to movies. Its another platform, you know . I think movies in Movie Theaters is still an amazing business. Netflix is added value to it. It hasnt taken it away. Melissa a lot of the hollywood gossip is theres a big push coming from your corner to try and push the croods. I know its up against the very popular frozen. What do you think your odds are there, and what would it mean to you . Well, listen, you know, its that sort of cliche which iss3 its an honor to be nominated, or its an honor melissa right. And even better to win. Is. Theres no question. You know, i would have to say to you show me a good loser, and ill show you a loser. [laughter] melissa i love that. The movie has played out. Its a giant success, one of the ten biggest movies of last year. You know, it would be its an Academy Award is not only a great honor, it has real value. Melissa im making that tshirt, show me a good loser, and ill show you a loser. [laughter] dont we know it. Some estimate that the film will make at least 14 million more on average after a one, so we certainll wish him good luck. All right, coming up, the latest on the unrest in ukraine. Talk of a 50 billion ballout, because at the end of the day you know what . It is always all about money. [ indistinct shouting ] [ male announcer ] time andes data. Sptsecond stats. [ indistinct shouting ] its so close to the optios floor. [ indistincthouting, bell dinging ]. Youll bust your brain box. All on thinkorsm from td ameritrade. Linked to itunes for purchasing movies and storing them on the cloud. More than 400 disney be films will be available but no rrated titles are included. Consumer confidence slipping to 78. 1, thats down from januarys revised 79. 4 reading. Consumers are concerned over the shortterm outlook to business conditions, jobs and earnings. And google trying to stop proposed distracted driver legislation of its google glass device. Reuters reporting the company is lobbying at least three of the eight states considering restrictions on driving while using the google glass headsets which feature a tiny computer screen. And that is the very latest from the fox business network, giving you the power to prosper. Melissa from to every corner of globe, money has been flying around the globe starting in brazil where the government plans to build an underground cable all the way to europe to avoid spying by the u. S. An agreement has already been made by e. U. To lay an underseas communication line. The president says she wants to guarantee the neutrality of the internet i dont blame her shield the countrys internet traffic from u. S. Surveillance. Over to japan where soft bank is interested in the app called line. Of it is the biggest messenger app in several asian countries. It has over 300 million users and could be worth nearly 15 billion. That sounds cheap as well. Soft banks founder has already been in talks, and both parties are keeping quiet for now. Landing in bangladesh where many big brands have yet to pay into a fund for last years factory collapse. Do you remember that . Only 5 of the 27 clothing brands linked to the disaster have paid compensation. Brands that havent paid include walmart and jcpenney. Global trade unions are now urging consumers to bombard these companies with demands to pay up. Turning to ukraine now where the Economic Situation is growing more desperate by the minute. Treasury reserves in the wartorn country are dwindling down to nothing. The financial future hingesson who will write them a bailout check that could eventually top 50 billion. Thats not cheap. Rich edson joins me from d. C. Basically, they need 4 billion by the end of month to cover wages, pensions, gas shipment, is that right . Reporter yeah. Its a good question where that money is going to come from. The government said, basically, they these to get some type of assistance within the next couple of weeks, so its not just an end of month type of thing. This is even more pressing when you read some of the reports coming out of country. Melissa so went you break down the situation, they used to get this money from russia, now theyre not going to. So theyre basically looking for the u. S. And europe to bankroll them . Reporter in a way, and theyre also looking for what their governments going to be. The imf appears to be the primary choice right now. Treasury official said that secretary jack lew had spoken with the managing director of the imf, christine la guard,and they would welcome a request from the country once they have a gourd. Theyre supposed to form a temporary government tomorrow, that was supposed to happen today, so thats been pushed off. Once they hand over that formal request, the imf can go in there, look at the books, see what kind of packaging put together, negotiate on the conditions. The problem is, that could talk up to a month, and theyre saying they need money within the next couple of weeks. Melissa what happens if they dont get it . Well, they could default, or russia could step up. Even though theyve decided to suspend their 15 billion aid package, there are some conditions where they may want to reenter. Russia has had such a lay here, this has been an east west thing. They might not want to lose influence. Really depends on what kind of government they come up with tomorrow and in the next few months. Melissa other than for humanitarian reasons, is it worth it . Do we buy enough influence . What kind of influence do we get . What do you think . Reporter its a good question especially when you consider how big the country is economically, its not. Youve basically got this area between the e. U. And nato on the eastern edge and the Old Soviet Union or russia. The u. S. Likes having an ally thats very close, and so anything that we can do to create influence there could be seen as beneficial to the United States. Melissa rich edson, you are so smart. Thank you for coming on the show. We are counting down to the closing bell. Liz claman to give us a preview of whats coming up. So much talk about pimco, i am sure you are all over that story. [laughter] liz yes, we are. Lets face it, many of our viewers have either owned a pimco fund or at least have owned it and then sold it. Who knows . But it is fascinating to watch the drama. Youve been talking about it, but weve got a former insider or whos now running for governor of the state of california, Neel Kashkari. He, to of course, was also the assistant secretary of the treasury. Hes going to be joining us in a fox business exclusive. Right now hes giving a speech to a group of republican women in california, but as soon as he gets out, hes going to come before our cameras, and were going the ask him what can you do for the state of california, and is it in as such bad shape as it was a few years ago . Governor jerry brown has turned a massive deficit into a surplus. What is his fight, his battle plan tt take the governorship of california . And you have been talking about the bitcoin drama. Whats happened . That, of course, was one of the biggest platforms. Weve got a guy, matthew melon, whos with the company that has actually started to look into giving legitimacy to bitcoin throw validation. And were going to ask him what he thinks about what happened to all the missing money and more importantly, what he plans to do to turn this from a negative into a positive for this budding currency. Matthew melon coming up in just a moment. Melissa wow, thats great stuff. I cant wait to hear what Neel Kashkari has to say. Thank you so much. Well look forward to it. Up next, hes a fivetime consecutive jeopardy winner. Critics are vilifying him, saying he is playing the system. Hes not doing it right. Hes laughing all the way to the bank, and he is not done yet. Arthur chu is here. He can never have too much money, i promise you that. Over 100,000, that tells you everything. Melissa okay, i want to show you frontis stock right now, because it is really popping. Take a look at those, those investors are really happy, up better than 10 . Frontier Communications Fourth Quarter profit more than doubled. Versus a year ago period. And you can see they roughly tripled their size in 2010 after buying more than five million rural land lines, aad their investors are liking this most recent report, so a very good day for those guys. Livestock but a big mover. What is dont be cruel . Correct. What is non sequitur . What do i stand for . , 800. Arthur chu cleaning up on jeopardy again last night be, his total winnings topping 900 grand after his latest 100 grand after his latest victory. Hes got no plans to change the strategy that has fans divided. Alex trebek has nothing on us, we had arthur right here almost a month ago. The reaction so far people at home are a little bit upset. Did you care . I didnt expect this to to ba huge backlash that i could see all over twitter, and its my wifes fault, because she kept retweeting [laughter] melissa arthur, welcome back to the show. Coogratulations on winning even more. Well done. Thanks. Melissa i want to explain to our audience, basically, you do not follow down a category like so many people do, and it has people at home very frustrrted because thats the way theyre figured out mathematicallyave because thats the way to win. You get bigger money, you hit the daily doubles. So whats reaction like now . After all of the, after all of the press that its gotten, i think the interesting thing is a lot of the initial reaction was from these hard core jeopardy fans who thought i was being offensive and unsportsmanlike and the reaction to that from the rest of america was, like, why are these people angry . This makes no sense. And now ive got, like, this fan base as a result of the initial backlash, which im very thankful for. So theres a lot of people now who are my fans and supporters online and im really grateful for that. Melissa i mean, youre not breaking the rules. No, no. Melissa youre just doing it in an unorthodox way because you keep winning and winning. How did you come up with the idea . I wasnt the first person to do it. I started by just googling jeopardy strategy and seeing what came up, and theres been a lot of notable champions from the past who have done it. I mean, ken jennings did it a little bit, not so much, but chuck forest was the one way back in 1985 when i was 1yearold who came up with it. Dave madden whos number two in regular season winnings after ken jennings, he was the one to make it famous. Roger craig did it a few years ago. So im just following in other peoples footsteps. Melissa yeah. I studied game theory in college, i think a lot of people did. Its such an interesting application, and im sure theres going to be a case study on this. Its stop fun. Are you making any minor adjustments along the way to your strategy . Im trying not to. I think my first four games i started trying to go back to the easy clues to take sort of the stress of after myself after getting the daily doubles, but i made a few mistakes, forgot there was another daily double on the board in double jeopardy, so for last nights game were just going to stick with the hard clues all the way through just to make sure that other people cant steal opportunities from me. Melissa the money leader of all time is brad rutter, youve made 123,000 which is phenomenal. How high do you think you can go . I dont know. Talk it one game at a time. Melissa i love it. Arthur, best of luck to you. Thank you for coming back. We are rooting for you. Thank you. Melissa coming up, countdown to the president. President obama about to announce husband new initiative his new manufacturing initiative. He says its all about job creation. What do businesses in the sector actually think . Were going to hear from one ceo. Thats coming up next. You can never have too much money, just ask arthur. Ily use helps you be Ready Anytime the moment is right. Ily use cialis is also the only daily ed tablet helpsapproved to treattime the msymptoms of bph, ily use like needing to go freently. Tell yr doctor about all your medical conditions and medicines, and ask if your art is althenough for s. Do not take cialis if youtake , as it may cause annsafe drop in blood pressure. Do not drinklcohol in excess. Side effects may include headac, upset stomach, delayed baache or scle ache. To avoid longterm injury,geta if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, op taking cialis and getg mecal help right away. Ask your doctor abou cialis for daily use and a free 30tablet trial. We dont back down. Only know one direction up so were uearly. Up late. Thinking up gamechanging ideas, like this dozens otax free zones across new york state. Move here. Expand here. Or start a new business here. D pay no taxes for years. With new jobs, new opportunities and a new tax free plan. Theres only one way for your business to go. Up. Find out if your business can qualify at startupny. Com coach callher a team player. She makes the whole team better. Hes the kind of player that puts the puck, horsehide, bull. Right where it needs to be. Coach calls it logistics. Hes a eat pass. Dependable. A winning team has to have one. Somebody you can count on. Somthis is my dad. Ad. Somebody like my mom. My grandfather. Im very pround of him. He them. You really love, at would you do . [ woman ] id be a writer. [ man ] id be a baker. [ woman ] i wanna be a p maker. [ man ] i wanna be a pilot. [ woman ] id be an architect. What if i told you someone could y you and what that person were you . When you think about it, isnt th what retirement shoulde, payinourselves to do what we love . Million mel whether its on wall street or main street, heres whos making money, anyone with a piece of tesla. The stock is on fire today, no pun intended, after a positive report from Morgan Stanley bumping up its price target to 320. Shares now surging almost, well, almost 14 there. Of course, that is great news for reallife iron man elon musk. He just made an extra 800 million today. E he makes it look so easy, hoping to make some money, boeing. The aircraft maker is struggling to sell 11 of its early 787 dreamliners. The planes are somewhat of of a prototype. They cant fly quite as far. Theyve been parked near seattle for about four years. They are collectively worth more than a billion dollars. Maybe elons interested. They should call him. And looking to blow a whole lot of money, mgm resorts. The Las Vegas Casino operator is ready to spend up to 10 billion on a project in japan once the gambling industry becomes legal. Mgm is not alone. Las vegas is also expressing desire to spend billions in an effort to be the first ones there. Some studies suggest japans Gambling Market could eventually generate more than 40 billion a year. I bet. All right, so the president is giving a speech any minute about his manufacturing initiatives, the plan to create 10,000 jobs here in the u. S. In three locations; raleigh, north carolina, chicago, illinois and kenton, michigan. Neil asbury is the ceo of legacy companies. Thank you so much for joining us on the show. Thank you for having me. Melissa what do you think of this plan . Well, first of all, i mean, why these locations . Think about it. I mean, chicago and michigan are two areas that had all these manufacturing jobs once upon a time, were the envy of the world and its particularly the president s policies that hes been championing for so many years thats driven the manufacturing out. I mean, why not sacrament minneapolis or jacksonville . There are people all over this country that are hurting. Yes, manufacturing jobs are key to getting our people back to work, but its going to take more than a feelgood speech to get these jobs back to america. Unfortunately, the president doesnt have any advancement in his policies, and its also going to take a change in heart if were really going to get manufacturing back melissa like what . Whats a concrete thing the president could do right now other than this . What would you like to see him do . Well, we have an administration thats obsessed with raising taxes. We have a regulation in our country thats costing 3. 8 trillion 1. 8 trillion a year that goes right at heart of manufacturing. A regulation like dodd of frank which is destroying our Community Bankers. Our Community Bankers have historically been the backbone of giving credit to our manufacturers and entrepreneurs. It goes right at the heart of our manufacturers when they dont have create. Melissa whats an action he could take today . Do you want to see, you know, a tax holiday for manufacturers who bring jobs back . Are you talking about the Keystone Pipeline . Whats an action he could take instead of this that would create jobs . All of those things are incredibly positive. I mean, if he gets just off of this thing about raising taxes at every other stop that he makes, of course, hes talking about manufacturing, so hes going to talk about the things we want to hear. But tomorrow hes going to be right back to lets raise taxes on americas wealthy and our job creators and our entrepreneurs. You know, you cant have it both ways, and thats why he says, melissa, he has to have a change of heart. And i dont know if he can do that. Melissa yeah. This is a feelgood speech that is just supposed to play to his audience. But i dont see as a manufacturer, i dont expect in anything of it except that its going the fade away and were going to be right back to declining in america. Melissa is it declining in americasome we have economists that say because of cheap energy were discovering here in the u. S. , because of Rising Labor Costs in other places that it is making sense naturally because of Market Forces to bring manufacturing back. Theres more robotics, you can replace Expensive Labor and youre closer to actually selling stuff. We hear manufacturings coming back. Is that not your experience . Youre out there in the field doing it. Well, and thanks, melissa, for bringing that up. Im at the forefront of the movement called back shoring, restoring. I started my career as an asian manufacturer. I came back to the United States and brought my manufacturing jobs back to the United States. We have an historic opportunity right now. If the president would just communicate with the business community, if hes serious about supporting manufacturing and bringing these jobs back. You know, as a back shore myself, we must turn this trick trickle into a flood. America has one great lever for us. Costs in asia are escalating hugely right now. This is an historic opportunity. The president needs to melissa we hear you, neil. Were out of time. I love your passion. I hope youll come back soon. Thank you so much for coming on, love your passion. Thank you. Melissa thats all we have for you. Tune in tomorrow to hear from john sylvia, wells fargo chief econommst at 2 p. M. Tomorrow. Countdown starts right now. Liz bitcoin getting bitten by doubts after one exchange mysteriously shams shut slams shut. Bitcoin believers rushing to make it legit. A fox business exclusive with matthew melon on why the controversy might just help bitcoin move forward. Plus, he helped former treasury secretary hank paulson save the Global Economy and was bill gross righthand man. Now Neel Kashkari running for governor of california, so can he convince voters hes the one to propel the golden state into a new
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