with more now we're joined by cbs news business analyst jill schlesinger. jill, less's talk about the criminal case. what do you think happens next? >> well, i think it's really hard to make criminal case. that's why no c.e.o. has gone to jail since the whole financial crisis erupted. we've seen a lot of civil suits but no criminal cases where someone has actually had to go to jail. they are notoriously difficult to bring and to win. so it may be one more case that gets settled. but i don't expect there to be a criminal charge against jay me die man individually or anyone else in that c suite. >> jeff: a $13 billion settlement, what cuss it mean for us. >> i don't think it means that much, i know that is disheartening. there will be some that get mortgage modification, that's great. and there will be a lot of money to be pour mood that. but for the regular old person out there, if you own jpmorgan stock t didn't really affect your stock price, it is a deal anticipated for quite some time. and for the rest of us, i don't feel really good about this deal and

but, you know, i think it's going to go right to the bitter end. >> okay, jill schlesinger live for us in new york, thank you, jill. >>> it is 5:44 right now. coffee or sex? if people had to pick, which would they choose? >> good question. plus, need to lose a little weight? try the instagram diet. how the photo sharing website can have an impact on your appetite. >> but first, robbery revenge. a store clerk stares down the barrel of a gun. the item he reached for that sent the would-be robber running. ,,,,,,,, ,, ,,,,,,,,,, getting away with anything, except his life. we have the surveillance video from deli on new york's long isl. >>> a machete stopped a would- be robber from getting away with anything except his life. we have the surveillance video from a deli on new york's long island. a man wearing a mask walks in, pulls out a gun and demands money from the clerk. well, that's when the employee pulls the large machete from under the counter and chases the suspect out of the store. it's not what police recommend. >> it's probably best to comply with his demands and give the money u

cbs news business analyst jill schlesinger is here with what you should look for. good morning, jill. >> reporter: good morning. >> so what do we need to know to protect ourselves? >> reporter: you know, number one, there is no affordable care insurance card. beware. the better business bureau has issued a warning that con artists are trying to lure people into providing social security numbers or bank account numbers so they can send you what they are calling a new insurance card. well, unlike medicare, there are no obamacare cards. another thing to watch out for, the healthcare act created a designated breed of advisors. they are known as navigators. they generally work at places like the united way and local agencies and they are supposed to help the public sign up for coverage. well, imposters are now calling and e-mailing posing as navigators trying to steal your identity or sell you phony health insurance. remember, nobody from the government will call you, email you or show up to your house. if one of these posers appears, hang up, hit delete or shut the doo

jill schlesinger, thank you so much. >>> 5:43. a stinky surprise. the shocking discovery found inside a berkeley mailbox that will have you sailing, yuck! >> plus, a low tech method for detecting alzheimer's. how researchers say it may be as simple as smelling peanut butter. >> images of marilyn monroe like you have never seen before. the plastic surgery the legendary beauty had done coming your way. ,,,,,,,,,, crisp, fall rocky mountain air makes an epic journey, matched only by our journey to capture its scent. crafted by expert perfumers. part of our limited edition national park collection. air wick. the craft of fragrance. to a year in prison. dan sandler was known as "el elmo"... bec >>> a man known for harassing people in san francisco has been sentenced it a year in prison. dan sandler was known as evil elmo because he dressed as the sesame street character while bothering people in san francisco as well as new york city. yesterday, sandler was sentenced after pleading guilty to extortion. he was accused of threatening to publicize false inf

jill schlesinger of cbsmoneywatch.com, thank you. >>> 5:42 right now. there really is something frightening about those scary contact lenses some people wear on halloween. the warning feds are giving. >> you can't beat the look on this little boy's face when he hears for the first time. the other remarkable things he has learned to do in the past few months. ,,,,,,,,,,,, i love watching tv outside. and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the important part is that you're happy now. and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. father's voice for the first time. fast forward a couple of months.. and dr. jon la-pook shows us the other incredib things little grayson is now able t >>> the

we'll have more business news from jill schlesinger coming up in just a few minutes. >>> bay area parks and attractions affected by the shutdown are set to re-open today including the rosie the riveter national historic park over in richmond, muir woods national monument in marin county and, of course, alcatraz right in san francisco bay. >>> the big question this morning: can bart and the unions come up with a contract agreement? both sides have been talking since yesterday morning at 10:00. kpix 5 reporter anne makovec is in oakland with the latest developments. anne, that marathon session is still going on. >> reporter: it is. they pulled an all-nighter. they have been here as you mentioned since yesterday morning. so the negotiations continue. last official word we heard was at about 10:30 last night from the chief negotiator. no strike today. tomorrow, no guarantees. >>> reporter: it's been a week since the state-ordered cooling- off period ended and the piecemeal 24-hour strike aversions have only proven to frustrate commuters. with so many making alternate plans, bart ridership i

here to explain why this is happening is cbs news business analyst jill schlesinger. good morning. >> reporter: good morning. >> so, jill, how many uninsured people are expected to pay more under this new system? >> reporter: the government said it's going to cost about 328 bucks per month per person, right? well, that's a little bit different depending on what group you fall in. so here we had three specific groups of uninsured americans. according to the kaiser family foundation 38% of uninsured americans fall below the poverty line so that means they should be eligible for expanded medicaid, okay? so that's one group. a big chung, 52% will qualify for tax credits on a sliding scale based on household income. but there's this 10% of americans who don't have insurance right now who earn more than 4 times the poverty level so that's about household income for a family of four we're talking about $94,000. so those 10%, the bill for healthcare is going to be steep and could be, you know, 30, 40% more expensive than the government's initial estimate. of the average. >> w

. >>> jill schlesinger is with us this morning. >> good morning. >> are they exaggerating when they say it could be catastrophic? >> i don't know. i figure let's not go there and test this. this is really uncharted borders. we go back to 2011. it was very devastating. the markets were down 17% after the debt ceiling crisis. the economy was damaged. and let's remind everyone what happens here. on october 17th, we reach the debt ceiling. we probably get through the rest of october oklahoma. on november 1st, they're supposed to write a check to social security for $25 billion. november 15th we're supposed to make an interest payment on our bonds of $30 billion. without an increase to the debt ceiling, we cannot make those payments. >> what happens is the president has to prioritize himself. he has to make decisions about who gets paid. >> absolutely. we don't know if that means delaying the social security checks or the bond interest. i think the government would work very hard to make the bond interest payments. this is a destabilizing effect. remember what happens when the markets don't

cbs analyst jill schlesinger is looking into the prices and what they may mean for the family. what are you finding? >> it varies on how much you're going to pay, how much you make right now, where you live, and what type of insurance you choose. so the pricing is all over the place from state to state and you can't -- that average is a silly number bus so many people are paying above or below that. >> are most people going to have to pay more? >> no. here's how it breaks down. about 38% of the people uninsured will fall into a category where they will be eligible for medicaid. that's for poorer people, right? and for some states, they have accepted dollars to expand their medicaid programs. then there's another 51% of people. those people will get subsidies from the government and they should be able to pay sort of a reasonable amount and probably less than what they're paying now. it's the 10% who are getting slammed. these are people who make more than that level at which you get a subsidy. so for example, this is a family of four that makes more than $94,200. those people a

. >>> jill schlesinger is with us this morning. >> good morning. >> are they exaggerating when they say it could be catastrophic? >> i don't know. i figure let's not go there and test this. this is really uncharted borders. we go back to 2011. it was very devastating. the markets were down 17% after the debt ceiling crisis. the economy was damaged. and let's remind everyone what happens here. on october 17th we reach the debt ceiling. we probably get through the rest of october oklahoma. on november 1st they're supposed to write a check to social security for $25 billion. november 15th we're supposed to make an interest payment on our bonds of $30 billion. without an increase to the debt ceiling, we cannot make those payments. >> what happens is the president has to prioritize himself. he has to make decisions about who gets paid. >> absolutely. we don't know if that means delaying the social security checks or the bond interest. i think the government would work very hard to make the bond interest payments. this is a destabilizing effect. remember what happens when the markets don't kn

cbs analyst jill schlesinger is looking into the prices and what they may mean for the family. what are you finding? >> it varies on how much you're going to pay, how much you make right now, where you live and what type of insurance you choose. so the pricing is all over the place from state to state and you can't -- that average is a silly number bus so many people are paying above or below that. >> are most people going to have to pay more? >> no. here's how it breaks down. about 38% of the people uninsured will fall into a category where they will be eligible for medicaid. that's for poorer people right? and for some states, they have accepted dollars to expand their medicaid programs. then there's another 51% of people. those people will get subsidies from the government and they should be able to pay sort of a reasonable amount and probably less than what they're paying now. it's the 10% who are getting slammed. these are people who make more than that level at which you get a subsidy. so for example, this is a family of four that makes more than $94,200. those people are

jill schlesinger looks at how it will affect families and the future of our economy. >>> no illusion mirrors are bringing light to a dark corner of norway. the town that's waking up to a new dawn. >>> neighbors say a hot sauce factory is bringing them nothing but pain. a look inside the home of sir siracha. >>> i'm accountable to you for fixing these problems. and i'm committed to earning your confidence back by fixing the site. >> right off the bat, secretary sebelius apologized. she brushed off calls for her to resign. >> they no longer deny the health care website was a mess. >> a new height for the dow. what's driving this? >> corporate america is in great shape. >> china's calling a car attack in tiananmen square an act of terrorism. >> the fact is they almost didn't make it out of st. louis. >> a marine veteran dies saving kids in a school shooting. his widow remembers his bravery. >> i knew exactly what he did. >> an american soldier reunited with the afghan translator who saved his life. >> did you ever think this was not going to happen? did you ever give up hope? >> i had a