Going to the dealership. The most annoying things about all that technology we use. What bugs you most . All that and more coming up on the willis report, where consumers are our business. Gerri a lot going on in our hour tonight. Were awaiting a News Conference in advance to the highlyanticipated and longawaited fight between Floyd Mayweather, jr. An Manny Pacquiao. This is the only joint press conference the two will have leading up to their may 2nd showdown. Were waiting for the start and looks like it is imminent, we have other news to share with you. Fannie mae making headlines after a scathing review from a new government report. The federal Housing Finance agency filled a critical auditor position with somebody unqualified, potentially putting taxpayers back at risk with more mismanagement. Hear to weigh in is republican strategist Brad Blakeman and options. Com Senior Vice President rick sharga. Welcome to you both. Brad i will start with you. What is in this report and why is it so shocking . It is not shocking really because fannie mae has not learned their lesson. What was in the report is glaring omissions and commissions of gross negligence in my opinion. Here is what the report said. One, is they waited for the auditor to leave. Gerri were going now to the press conference. Manny pacquiao, Floyd Mayweather, here they are facetoface. Take a look. The two facing off this very minute in las vegas. Take a listen. As the two see each other for the last time before the big fight may 2nd. Gerri as we get ready for this lets bring in mike hill from fox sports one to talk about what well be talking about right now. Mike, to you. I know youre following this closely. This is going to be one of the biggest fights ever. Big purse, massive purse. Could set records on a number of levels. Payperview, you name it. What do you make of it . Jerry, we have been waiting for this fight to happen for six, maybe even seven years. The fact that it is going to finally happen on may 2nd is epic. The fact im watching them right now standing on the stage together just facetoface, knowing that theyre going to be fighting in just a couple months the anticipation that built up i am ready for this. The whole world is ready for this. Is the only fight in boxing that really matters right now. If youre not a boxing fan you dont care about anything in boxing except these two men getting into the ring. Gerri so we know there is 250 million purse, presumably. Is that the biggest ever . How does this stack up in terms of the money . I mean were talking about 250 million maybe even close to 300 or even more than 300 million. The fact that Manny Pacquiao is getting 40 of that and Floyd Mayweather getting 60 of that, this will be the biggest fight in history of boxing when it comes to money. The anticipation and buildup for this fight has been like 1971. I wasnt around back then. I was one years old when muhammad ali got in the ring with joe frazier. But this is that type of epic event. This is the type of buildup weve been waiting for. Like i said, this is the only fight in boxing that matters. This is like a super bowl. This is more than just a fight. This is more than just a boxing match. This is a huge event that the whole world will be watching. Gerri what does it tell you about the popularity of boxing right now . A lot of people interested. Is this surprising to you . I think it is kind of sad, you remember 20 or 30 years ago you probably dont remember youre a young lady, boxing was sporting event everybody came to watch especially heavyweight division. You cant name heavyweights out there. Used to be about muhammad alis, joe fraziers larry holmes and mike tysons. Only household names in sport of boxing Everybody Knows about are these two guys facing off on may 2nd. Part of it is sad boxing used to be the sport of kings. Big time sport you see on saturdays. Big pay per views that you would have. Right now if it is not about pacquiao or not about mayweather nobody really cares. There are individual fights that happen out there when they go fight one another. There is buildup for that. Once again i said it many times this is the only fight that anyone wants to see. The only fight. Were watching them as they get prepared to take to the mic here. In the meantime though, what is really at stake here . What is the on the line here . What does it mean for each individual fighter . Well it is a legacy. For Manny Pacquiao, he wants to go down as greatest boxer of his era. He lost three of his last five fights. Im sorry, lost two of his last five fights. He is on a three win streak but had two losses against marquez and bradley. Floyd mayweather this is about him and his legacy. I is 460. That l, that winloss column, that zero mean as lot to him. He wants to go down as greatest of all time. He doesnt want to lose the fight. This is a bigger fight for him. Even though manny lost a couple fights he lost five fights, if floyd loses this fight, of course there will be a rematch. Of course anticipation for that will be huge. Floyd does not want to lose to Manny Pacquiao because everybody will say, you beat everybody else but you lost against only fighter on your level when it comes to greatest of all time and he doesnt want to lose that title. Gerri doesnt want to lose that title. As i was saying what is at stake financially, at least payperview, could set record for that, revenue alltime gate. It is so funny you think of boxing being as ancient sport. Seems this has new energy. Young people really watching. Young people getting involved for the first time. We heard last hour, one of longtime promoters in the sport talking about reaction he is finding for this. Are you hearing same thing . Absolutely. Once again, this is the event. This is super bowl of boxing that weve been waiting for. Talking about knows plead seats at nose bleed seats at mgm going for tens of thousand of dollars. Everybody wants to be in the mgm. That is huge sport. A lot going on. Nba playoffs. Triple crown raising. People are talking about may 2nd. Finally pacquiao, mayweather talking about comp tickets. There are not comp tickets. If youre alist celebrity youre trying to get into this fight. You will have a hard time finding a ticket to get inside of the mgm that night. That is how big the anticipation and build up has been for this particular bought. It is interesting, of course happening in vegas, right . Where else would you have this fight . It is at the mgm. This is not just good for boxing. This is good for las vegas. This is good for entire industry. This is good for the company which is also a public company. Absolutely. This is good for everybody. This is the mgm, this is mgm stands for, according to Floyd Mayweather, may weather gets money. So he loves fighting at the mgm. That is home for him. This is great for sports. We need Something Like this, even though we got everything going on with the nfl. Free agency going on. Well talk that on my show, americas pregame. Baseball season starting up. You talk about it, boxing has been on a down cycle last couple years because the ufc is actually coming up and ufc is beating it now in popularity. For this and sport of boxing this is huge. Not just from a monetary standpoint but just for the sport itself. You would like to see other things kind of spawn off of this and other boxers come up and might have that next mike tyson. Might have the next Floyd Mayweather. Right now this is all we got. Whoever wins this fight, if it is Floyd Mayweather maybe he retires. Maybe doesnt give pacquiao another bought because you know what . What us did he have to win or lose i should say . If he loses the bought well have the rematch. Well see if there is bigger bought when it comes to money with prestige and build upbout. Gerri what Companies Sign on, people who back the fight and people all goods you see around big events. This is something a lot of Companies Get involved in, riding a wave of interest in the sport. I mean when it comes to the money aspects of this, who doesnt want to get involved . Who doesnt want to attach their name to it . Its a payperview bout. If this was on regular television, of course it would sell just like Super Bowl Ads be honest with you when you talk about a 30 second Super Bowl Ad selling for millions of dollars of course that is how much this bout would mean to the advertisers out there. But of course it is on payperview. Of course a couple of weeks later it will be on hbo or showtime, on both i think in this particular case. If youre part of a company, part of endorsement or part of advertisement you want to attach your name to this. All right. I want to bring in aaron pryor, the wba junior welterweight boxing champ 198085. Full disclosure he is my brotherinlaw. He had experience with what we see going on here today. Aaron, are you there. Yes, i am. Gerri good to have you on the show. Thanks for being with us. Yes. Gerri im sitting here listening there is a lot of talk about boxing. Were waiting for the two contenders to get up and speak. Does this all very reminiscent of you. This is exciting. This is what makes championship fight conversations you have here at this press conference. It is very very important. Gerri do you have a favorite in this fight, aaron . Pacquiao. Im going with pacquiao. Normally i would go with mayweather. Im going with pacquiao. He fights like me. With a lot of punches and go from there. That is how i was. I asked for a lot of punches and went from there. Gerri you threw a lot of successful punches, aaron. Mike who are you going for here . Who do you think will actually triumph . You know what is crazy . We loveman any pacquiao on americas pregame. He sang for us even though he has done singing. He sings really good. Look it up on internet. It is really funny. If i had some money to give out or bet on this fight i would go with Floyd Mayweather. How can you deny 46, 470. Pacquiao lost a little bit of his aggression since he got knocked out by marquez. He is not the same fighter he was. Floyd mayweather is, im sure your brotherinlaw can attest to this, he is one of the greatest boxers of his era, i know Bernard Hopkins is out there but he finds a way to get the job done. He is not a fighter. He is not a brawler. He is quintessential boxer. This fight expect it to go the whole 12 rounds. I expect employed may weather to floyd may weather win by decision, close decision. Gerri youre going by numbers. That is how the bet something going. Seems like betting says mayweather will win. Why are you betting on pacquiao. Everybody told me i would lose the fight back in 1980. Im, you know, im looking at the guy got nothing to lose. You know he can go hard with nothing to lose. Gerri thats a good point. I think that makes a lot of sense. When you talk about who is motivated, who is motivated the most. Who is motivated in the right way, you have to ask yourself those questions. Aaron to you, on a big money fight like this, boy this is a big money fight, what is going through your mind as you step through the ring . Well it aint really about the money. Even though fighters talk about the money. It is not about the money. It is about the fight. I have never known anybody fought for the money including muhammad ali. Muhammad ali fought to win not the money. He fought people that fought for the money. The masseurs and the champ, came in that way. I agree. You know what . I agree. I dont think this is just about the money as well because they could have made millions, tens of millions of dollars before three or four years ago but there is something that is much bigger at stake in this fight. And that is the legacy. That is a legacy especially for Floyd Mayweather. Agree what you say when you say Manny Pacquiao doesnt have anything to lose. That is why he will be very aggressive. At the same time, Floyd Mayweather in a sense has everything to lose. This is the only fight that matters to him. You see it on twitter. With all the critics out there. People want to shut him up. He is the muhammad ali of this era. In Manny Pacquiao beats him may 2nd, a lot of people will say i told you so. He is not the greatest of all time or greatest of this era and that he has been ducking pacquiao afraid of this moment. I think mayweather will go in there determined and to get the job done. Gerri aaron . These guys are very smart. They know a rematch is in the making. Somebody will have where the rematch will be bigger than the first match. Over million dollars. I can look for rematch. Thats why imseeing, you know mayweather will not give it all he got. I dont know. He if pacman lose, that is it. But if champ loses he gets rematch. Gerri i want to ask both of you the kind of preparation that goes on for Something Like this. Mike, first to you. I cant imagine how long and how tough training as been to come to this day to come to may 2nd. What is it like . I mean i mean it will be grueling. This is the moment that both of these fighters have awaited for basically their entire career. They are going to train like never before. Of course you heard Floyd Mayweather talking about what he is doing during training. Bringing in a lot of lefties. That is part of the style. Talk to your brotherinlaw about that. Bringing in lefties guys he beat before. He will be in his camp to help get him ready for fight. He will be focused. When you see him coming to the stage. I never seen floyd basically so focused in my entire life ever since ive been watching sport of boxing. Manny pacquiao is that guy. He is always ready for fight. Probably got criticism in the past because he had other things he is interested in. Politics and singing. He has given up singing. Playing basketball and things like that. I guaranty you he will be ready and prepared for the fight on may 2nd. Gerri two different personalities, aaron. You prepared for these fights. What was your preparation routine like . My routine was sort of like his. We went up in the mountains and catskills in new york and trained just like training he is doing here. Getting ready for the fight. They know what to do. All they have to do is do it. It is a job that hasnt been done. That means you have to run. Got to lift. Got to go to sleep early. Get up early. That is do all that. You have to be dedicated for gerri a lot of hard work. Aaron, when you step into the ring though what is going through your head . What are you thinking about . I stepped through the ring 15 times for title fights. You know when i got in the ring, i realized like oh im finally here. This is it. They say im going to lose. Lime gladiator they glad they say i will lose because im going to win. When you sacrifice six to eight weeks of serious training for boxing. It face nominal how, what you get from training hard. Were showing pictures of you, with our ageu, wow, all famous boxers. Aaron pryor was a god back in the day. He was. Gerri yeah, huge. Were waiting for these two fighters take their turn. Mike, to you as you wait for this, is there one of these two fighters better than the prep, bet than the other getting ready . I dont think so. Theyre both consummate professionals. They will be both be ready for this megafight on may 2nd. Floyd, you look at him. He is in vegas. The great thing about floyd, all his preparation is usually on hbo or showtime. They will do this 24 7 where cameras follow him all the time. He is kind of different in his training routine. He starts at 2 00 in the morning. Call his crew. Theyre always on standby. He will go into the gym. Always talking about hard work and dedication. That is his motto. He will be ready to go. Manny pacquiao is basically the same. He had some distractions before. There is no doubt in my mind these guys will have tunnel vision and focus. They have less than two months to prepare for the fight. They will be ready to go. Gerri i think were getting close to the start of this press conference. Might be moments away here. Aaron to you. Boy, i have seen video of your fights. They are intense. You come out with that fist right in front of you. They call you the hawk. Youre still friends with everybody in the business. You know mayweather well. Yes. Gerri you talked about him before. Is it hard not to be in his camp tonight . It is. It is. Because, everybody im growinggoing from the heart. Im saying because i believe in boxing. Boxing has been good to me. Ive been good to boxing. I have to say what i feel about the fight. No matter whatever. Everybody else say. I really look at the fight before i open my mouth. That is the one. He fights just like me. If you saw some of my fights now you could see his fights. See that he fights just like me. Throw a lot of punches. From all directions. Aaron can i ask you a question . What do you think will be mannys tactic on may 2nd going up against a guy like Floyd Mayweather who is such a great defensive fighter . May weather, styles make a fight. Mayweather has some particular style where he has hands low and finishes with jab up. You have to change up. Gerri all right. Guys, were going to have to get to the press conference here. Manny pacquiao getting ready to speak here. Hank tight. Thanks for your help. Here we go. On order of the president of the philippines. We know what graciousness and kindness the filipino people show. We have to only visit a hospital in california in nevada. 80 of the nurses are filipinos. Because they are gracious people and kind people. But i also know growing up that at the start of the second world war, im old enough to remember that, that the philippines troops fought side by side with the americans against the japanese. Defending their island bataan, corigidor and other places. When american troops, because of lack of supplies, were forced to surrender, the philippine troops took to the mountains, and the jungles and became guerrillas and fought tooth and nail against the japanese for three long years until general mcarthur came back. So we know the graciousness and kindness of the filipinos. Exemplified by this man, Manny Pacquiao, who gives fortunes away supporting charities in the philippines. Whether it is founding hospita