Navigate . Well talk about all of that. Joining me, paul howard, scholar at man hat the hat tan institute. This is exposing a dirty little secret in the medical industry. Tell us about that secret. This is a open secret because in order to tell doctors about new products they have to get in to see them. Only time they can see the doctor is during lunch when they dont have patients. They buy them pizza and give them samples. Gerri were not talking about pizza here, right. Were talking about everything. Some doctors opinion leaders in the industry, they are paid consulting fees to talk about new products, go on lectures to do those kind of things. They get a lot of payments for that. A small number of doctors get very significant number of payments. Vast majority of doctors might get reprint or a piece of pizza. Those payments were north of 24 billion. So it aint nothing. It is pretty thorough going. If you look at the number of Drug Companies offering this, pfizer, astrazeneca, johnson johnson, glaxosmithkline, merck. The worry here, paul, i think you understand this as well as anybody if a drug company is paying an individual physician money, theyre going to push their drug. Right. The thing to understand is, a lot of these payments can be misread, im paying for Clinical Trial if the doctors name goes there. All that money isnt going to them. It is going to support the Clinical Trial. There is real concern if the person has financial interest in drug company or device company, they own stock, that is a big problem. Always ask your doctor, why am i getting this treatment . What are the risk and benefits for me as individual and really trying to informed consumer to avoid any of these concerns. Gerri so the cms is launching a website, this is the good news that will allow to you check out your own doctor and find out if in fact theyre taking paints from pharmaceutical companies. How well is this going to go in. It will be healthcare. Gov . I was on the website earlier today. I was spoking around on it. It doesnt seem that hard to navigate. Gerri oh, come on. You got to be kidding me so we went on this afternoon. I went on with a producer. Maybe it is just, im just a regular person, trying to find out the information the government has promised me. They will expose my doctor for taking payments. I want to see. That i was looking everywhere for a place to plug your name in. You cant. It is databases. The whole website is designed to help the industry, not individuals. If there consumer page on that website i could not find it. I want to tell you what they told our producer who called the help desk, the help desk for this website. She said, im new to this and i dont understand it. Can you help me. And help desk guy, said im new to this. Im not sure i understand it either. We never got any training. We learned we were going to be helping on this today. It was supposed to be another group of people. Okay, to me, that feels like healthcare. Gov all over again. I guess, this is just standard. Standard operating procedure for the government right now. Look, i think people who are familiar with databases, i went on there, playing around wit, saw names. But for average consumer this will be more confusion. Information is not presented in context. See a number next to the doctor, can you understand what that means, what impact it might have on treatment . You could say im a cancer patient. I want my physician to work with the industry and know what all the latest treatments are. I got to tell you. Im astonished, here again another promise from the administration that they will put a website out there that helps us. I will be darned if i figure out how the stupid thing works. They are only working on four years. It is actually part of obamacare. Gerri it absolutely is. Paul, thanks for coming in. Thank you. Gerri from turmoil and obamacare to turmoil in the mutual fund industry. The fallout from pimco cofounder bill grosss departure, it is only growing. Fund Research Firm morningstar is stripping pimcos total return bond fund of its gold rating of the turmoil might bleed into other markets. The wall street journal is reporting that federal regulators are worried pimcos money drain might cause broader instability in the markets. Here to weigh in, michael herbs of morningstar and jim of retirement resource who is is advising his clients to ditch pimcos total return fund. Welcome to you both. Great to have you here. We appreciate you being on the show. I will start with michael. You downgraded the fund. Now, keep in mind, this is the worlds biggest bond fund. Very important to many, many people. Why did you do it . Essentially the browns rating that weve assigned to the fund reflects our confidence in the managers that stepped into bill grosss role. Scott mather and mark kiesel are investors in their own right and investors we have known a great deal for last 10 years. Why the downgrade you ask . Essentially uncertainty around the fund from here. Everybody is obviously watching the flow situation. Another aspect that were watching closely how well these individual Work Together in their new roles. And third level, that decreases our confidence in the overall offering for investors is actually on the fund, the fund board side where weve seen multiple independent trustees fall off two critical fund boards for pimco fund. Gerri all interesting stuff. We all had our ice on the redemptions. Wall street journal reporting that some 10 billion has been yanked from pimco. Other is are saying it could be hundreds of billions come next. Jim, to you, youre advising your clients to leave pimco total return. Why . And has pimco tried to convince you otherwise . Yes, gerri. Were moving out of this fund because of were in a somewhat unique position maybe compared with individual investors. We oversee something on the order of 600 million of peoples life savings, that is thousands of individuals in 401 k plans that we advise. So that we see the world through a little bit more of a conservative lens. We have to make prudent decisions and, some of the factors that michael just mentioned, a whole series of events over the last year, has impinged upon our confidence and in overall tipped the balance to the point where we believe that those individual might be better served by a different fund with perhaps some more conservative mandate and more consistent management. Gerri lots of changes at pimco as weve seen. Not only did Michael Gross leave or bill gross leave, other people are taking top positions there including one who won morningstars bond fund manager of the year. So back to you, michael. One of my big concerns, and you mentioned it as a big reason for your downgrade, this idea of redemptions. And my question is, how does that reverberate back to individual investors . If im holding this fund, pimco total return fund, how do i get hurt by Institutional Investors and others dumping the fund . Id like to start by saying that in our analysis the fund is actually very wellsituated to weather outflows in the near term. There are many sources of liquidity in the portfolio that would help the managers adjust. Where the risks to investors come in if we see outflows either pick up or continue for a long period of time. In theory that could make it more difficult for the Portfolio Managers to execute their strategies. That would be run risk to investors in the fund. A second potential risk to investors in the fund, and this is a lot more difficult to handicap, is anecdotally, weve gotten evidence that there are other parties on wall street that are taking positions on the other side of positions held by pimco total return. In theory this could affect the pricing of some of the securities that pimco holds in theory it could force pimco to sell securities at prices lower than it would like to. I say on the second count, that second situation is much more difficult situation to handicap at this point. Those are two areas well watch very closely going forward. Gerri i want to mention a couple of numbers here to put this all in context because there are a lot of worries about this fund having to make investors whole who decide to leave and redeem their fund. The trading, in bonds, 500 billion a day, in the Corporate Bond market. 100 billion a day. These are big markets. They are liquid markets. They can withstand a lot. I think theres, a lot of misinformation out there and i worry that people dont really understand the size of these markets were talking about. Jim, before you go, well you revisit this decision anytime soon . Well, probably no time soon because the new Management Team is very talented and were optimistic that they will do a good job but we would need a fairly lengthy period of actual results before we would consider putting money back in. Okay. Jim and michael, thank you so much for being on the show tonight. Well continue to follow this story for some time i think. It will be going on for a while. Thank you. Thank you. Thank you. And still ahead well have more on the breaking news we told you about the at top of the hour. The very first case of ebola in the United States. That patient at dallas hospital. Youre looking at dallas right there. That is a live shot of the hospital. Well go live to atlanta for a News Conference from centers for Disease Control. Stay with fbn for that. Next my oneonone interview with the experion ceo and recent data breaches and what consumers can do to protect themselves. You drop 40 grand on a new set of wheels, then. Wham a minivan tbones you. Guess what your Insurance Company will only give you 37thousand to replace it. Depreciation they claim. How can my car depreciate before its first oil change . You ask. Maybe the better question is, why do you have that Insurance Company . With Liberty Mutual new car replacement, well replace the full value of your car. See Car Insurance in a whole new light. Liberty mutual insurance. Hello. You can go ahead and have a nice flight. Re. Music plays music plays traveling can feel like one big mystery. Youre never quite sure what is coming your way. But when youve got an entire company who knows that the fewest cancellations and the most ontime flights are nothing if we cant get your things there, too. Its no wonder more People Choose delta than any other airline. I research. I dig. And dig some trader more. Search. Because, for me, the challenge of the search. Is almost as exciting as the thrill of the find. announcer at scottrade, we share your passion for trading. Thats why we rebuilt scottrade elite from the ground up including a proprietary momentum indicator that makes researching sectors and Industries Even easier. Because at scottrade, our passion is to power yours. Gerri updating you on breaking news. Were waiting a for a News Conference from the centers for Disease Control in atlanta and were being told that the First American case of ebola has been diagnosed. We cover all the angles with Fox News Team doctor, david samadi. You heard the news. First case of ebola, diagnosed in the usa, actually in dallas. What do you have to say to that . What is your reaction . I think it is concerning but not a huge surprise. We actually have spoken about this. The numbers are slowly on the rise in africa. What is going on in, take as few days for the symptoms to kick in after youre contaminated about i ebola virus. So if youre a passenger contaminated in nigeria and one of those areas and get on a plane to come to the u. S. , it could certainly bring this virus over here and, were probably will see a few more of these cases in the u. S. What i want people to know is, you know, in the Health Care System in this country, were able to isolate patients. That is the key word. By isolating the patients, you can control the disease and there is no need to really panic. This is not an airborne disease. You dont transmit it through cough or sneezing. It is through fluids, so the considers are more than able taking care of this patient and well be in control. Gerri were going to be in control. I hope you will be right on that. People are very concerned about this you said something interesting. It take as while for this disease to incubate and if youre coming from africa where youre exposed you might get on the plane and never know. In the web reporting on this receipt now from tv affiliates in texas were hearing that is exactly what happened. That this person was in africa, came back to the u. S. And then was diagnosed. Does there need to be some kind of a protocal, some kind of a change for people who are traveling in that direction . The protocol that has come down the pipeline from cdc and who is that the emergency room and the hospitals need to look for these kinds of signs and symptoms of the we need to basically be aware, anybody could be exposed to this. Look for those symptoms. If you see any sign of it, to isolate those patients until at least three weeks when we would be in the free zone. The issue is that, you know, the head of cdc announced that there could be up to 1. 4 million of these patients in africa. We spoke about it this sunday. I think those numbers are a little bit exaggerated and out of control. Think were going to see right now about 8,000 cases that have been diagnosed. 3,000 patients have died from this. Were going to see somewhere in the range of 20 to 24,000, 25,000 in the next few months. So im kind of obviously concerned about this that we have it in the u. S. But not to panic and hospitals are more than capable of doing this. Unfortunately because the global travel, were all become one big pietri dish if you can call it and were all exposed to this. Should there be more testing down in africa before they let people go . I dont think we have enough resources to do this on a good note, let me say, receipt now there is about a billion dollar investment from u. S. Directly over there. Were releasing about 3,000 troops and there are also about 20 centers, Ebola Treatment Centers will go up. That is part of the way to control the disease there so we can protect our people here in the u. S. Gerri dr. Samadi, thanks for your team tonight. Thank you very much. Gerri now well be covering a Live Press Conference at 5 30 with the cdc where they will have more details. This is only minutes away now. So stay tuned because we will have that press Conference Live just minutes away. Meantime, the grocery Chain Supervalu says it beefed up security at its stores after malware was discovered at checkout computers. The breach affected albertsons customers. Just in the latest of a series of cases where retailers were hack and information stolen. Biggest being home depot and target. I spoke with greg bound di, the ceo of the biggest Credit Reporting bureaus,. Peer i dont know are about. Experion and the growing problem and how you can protect yourself. On the willis report weve been covering high Speed Computers that crunch terabytes of data looking what is really going on. Craig, you say there is big promise to consume thats will improve their lives. How. Gerri, thanks very much for having me today and great to get a chance to talk about this topic. Big data will make an enormous difference to everybodys lives. Let me give you couple easy examples n Johns HopkinsUniversity Hospital theyre studying Cancer Treatment to improve effectiveness of on new patients if i talk about my own business, experion were working to help millions of people in the u. S. Who live cash only world, getting access to credit. That is people here in the u. S. Gerri but the big question for at love consumers out there, how you build credit and of course Companies Like yours are very important to that effort. But across the board, whether youre talking about your business or other big data companies, i think accuracy is really important and what we see over and over again, with Credit Reporting is that accuracy, i dont know if you say it is not a priority but there are issues, there are problems. For example, as you well know, the federal trade Commission Just a year ago said that one in five consumers have errors on at least one of their three credit scores, Credit Reports that is. And 5 have errors that means it will cost them more to borrow money. Maybe they wont get that loan. So, yes, your efforts to help folks who are renting understood but so many people have frustrations with the accuracy of the reports. What do you say to that . It is really important we start with getting to the bottom of the facts. What the ftc report actually says that 98 of the Credit Reports are materially accurate. That means only gerri im reading directly from their results. These are not fabricated numbers. I wasnt saying there was fabricated numbers. I say you have to get underneath what the analysis is telling you. Telling thaw 98 of Credit Reports are materially accurate. Only 2 have problem with them. Now that not good enough. We continue to invest in the organization to improve that but 9 of Credit Reports are materially accurate. Gerri an example of the broader population, i pulled all three of my Credit Reports last night. All three had mistakes. Some didnt matter probably ultimately but some did much so im in that category of people, am i a part of the 2 . Are you telling me that i am not the 98 of people out there . Well it is great that you raised that point because it allow me to talk about what i hope people can do to try to improve the accuracy of ongoing Credit Repo