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Go safer this intensive form of nononsense job training has generated impressive results. Year up trains 2,000 young people a year in Financial Operations and technology. The first person going to Goldman Sachs tanisha giddons. applause safer we will see how they do it. You are fired. Four years from now get out in four years kroft jay leno is talking about the first time he was asked to leave the tonight show to make room for a younger comedian. Now, its happening again. And now, jay leno kroft tonight, leno talks about that, his future, and his current state of mind. Show business pays you a lot of money because, eventually, you are going to get screwed. And when you get screwed, you will have this pile of money off to the side. Its like, okay, okay, you ready . Are you ready . You have the pile of money . Yeah. Fine. Thats the way it works. Im steve kroft. Im lesley stahl. Im morley safer. Im bob simon. Im scott pelley. Those stories tonight on 60 minutes. 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Its a failure that came to the fore with the murders at sandy hook elementary school. The vast majority of mental patients are not violent, but this is a story about the fraction who are a danger to themselves or others. Parents of mentally ill children in crisis often find, as senator deeds did, that they have nowhere to go. Creigh deeds bears the scars of this failure on his face, his body, and his soul. Creigh deeds i really dont want gus to be defined by his illness. I dont want gus to be defined by what happened on the 19th. Gus was. Was a great kid. He was. He was perfect son. You know, its clear the system failed. Its clear that it failed gus. It killed gus. Pelley we met creigh deeds four weeks after the attack. He was still distraught. But he told us his story was a warning that could not wait. What would have saved gus . Deeds if he could have been hospitalized that night, they could have gotten him medicated, and i could have worked to get gus in some sort of longterm care. Pelley this is gus deeds when he was 20 years old, a talented musician on the deans list at the college of william and mary. Deeds gus, when he turned 20, i was running for governor. He wanted to come, and so he took the fall of 2009 off to be with me. And those are some of the best memories of my life is having him with me there. Pelley but after the campaign, for no reason anyone could see, gus deeds stopped taking care of himself and became paranoid, obsessive, antisocial. He dropped out and couldnt keep a job. In 2011, he was diagnosed as bipolar. His father was so worried that gus would kill himself, deeds told us he got rid of all of the guns in their rural farmhouse, except one hunting rifle that had no ammunition. Later, with medication, gus returned to william and mary, until last fall. Deeds gus had posted weird things on his Facebook Page about, you know, how the professors were ganging up against him, and he was going to start boycotting class. It was pretty clear to me that he wasnt taking medicine. I told gus that he and i needed to talk to somebody together. Pelley thats when deeds discovered that talking to somebody getting treatment is harder in Mental Health than any other kind of medicine. In the decades after the 1960s, most large mental institutions were closed. It was thought that patients would get better treatment back in their communities. But adequate local facilities were never built. The number of beds available to psychiatric patients in america dropped from more than half a million to fewer than 100,000. That leaves many kids in crisis today with one option, the emergency room. Brian geyser you know, every day, we have ten to 20 kids with psychiatric problems come into our Emergency Department, kids who want to kill themselves, whove tried to kill themselves, whove tried to kill somebody else. Pelley brian geyser is a Nurse Practitioner we met in the Emergency Department of Yale New Haven Hospital in connecticut. Its one of the best in the nation in psychiatry. Geyser we have 52 psychiatric beds here at yale, and right now, all 52 are full. And so the seven kids that are here in the emergency room are waiting for an open bed. Pelley how long will they wait . Geyser five of them have been here three days already. Pelley most every day, the beds are full of patients in crisis. 17yearold tyler wrightington was waiting in the e. R. He had just slashed his face with a knife. You hear voices . Tyler wrightington yes. A new voice came about a year ago. And he. Well, i call it a he because it was more of a deeper voice. But he ended up telling me to hurt myself and making me find ways to hurt myself. Pelley do the voices ever tell you to hurt someone else . Tyler wrightington only once, and that was at school. And they. And that was when i got admitted into the hospital, because i was actually considering hurting the people around me. And i was. I was like, this aint me. This is not what i want to do. Pelley tylers dad, ernie wrightington, had called a psychiatrist that week, but couldnt get an appointment for three months. Theres a National Shortage of psychiatrists. Why is there not another option for you . Ernie wrightington this has always been our only option. Pelley the emergency room. Ernie wrightington the emergency room, yeah. Because the. We know that when we come here. They take the time to take care of him. They sit and watch him, make sure hes okay. Pelley but okay usually means okay for the moment. Typically, Insurance Companies pay for this care only as long as the patients are at imminent risk of harming themselves or others. Geyser some Insurance Companies will give us a couple of days, a few days before they ask us to call them back to get reauthorization for the admission. Some of them are every single day that we have to call. And so usually, you know, were talking about, you know, three to four days, and the Insurance Companies are saying, all right, you know, its time. Lets get this kid out. Pelley because theyre not going to kill themselves or someone else right now. Geyser right now, yeah. Pelley many patients need care for months or years. But there are few facilities of that kind, theyre expensive, and often insurance wont cover them. So kids in crisis spin in the Emergency Rooms revolving door. I want to go home geyser we need to be able to set up a system where we follow these kids into the community, we follow the families, we make sure that they have a safety net, and somebodys watching them and monitoring them, because, you know, it could be next month, it could be six months from now, and the child will do something again. But if they are not hooked into a system that is watching them, taking care of them, then we could have problems on our hands. Pelley how many of you have had to take your child to the emergency room . Everybody. How many times . Mary jo andrews i cant count. Meg clancy i couldnt count. Pelley seven connecticut mothers, including mary jo andrews, meg clancy, and dee orsi, told us about their e. R. Crises and battles over insurance. Dee orsi my daughter, after spending. She was eight at the time spending 12 days in the hospital, they told me she was ready to come home. By friday morning, we were in the psychiatrists office for her followup appointment. She was seeing blood dripping from the walls. There were statues telling her to kill me, and she was ready for discharge three days earlier. Clancy we had one with an Insurance Company. They wanted to discharge my daughter. She needed to stay where she was safe, and the Insurance Company would not pay for her to stay, and so i was told by our social worker in the hospital that if i gave my daughter up to department of children and families, that then she would have Insurance Coverage through the state and she would be allowed to stay. Pelley wait a minute give. Give. Clancy give her up. Pelley give her up to the state . Clancy correct. Give her up to the state. Pelley and you said what . Clancy absolutely not. Pelley they formed this support group because so few people understand their troubles. For example, they share the names of contractors to repair walls or remove doors. Their children punch holes in the dry wall, and cant be allowed to lock themselves in a room. What is the difference between being the mother of a child who has mental illness, and the mother of a child who might have Heart Disease or cancer . Clancy sympathy. Pelley being in connecticut, they watched the tragedy at sandy hook elementary with more insight than most. Referring to the killers mother, one of them told us, if nancy lanza had a Health Care Plan for her son, she couldnt have made it work. Andrews theres really no place after the hospital, so the kids end up coming back home, right where the situation started. And you know, the psychiatrists and the hospital will say, youre right, the system is broken. And i remember at one discharge, i refused to sign the discharge paper because i wasnt going to agree that it was appropriate. Pelley they discharged your child anyway . Andrews oh, yeah, yes. Pelley that is essentially what happened to creigh deeds in virginia last november. But his effort was further complicated by the fact that his son gus was an adult, over 18, and gus didnt want treatment. Deeds had to get a court order and sheriffs deputies to take gus to the e. R. A state law, designed to protect patients rights, meant that the court order would expire in only six hours. Thats all they had to find a hospital that would admit him. Deeds whole afternoon, gus didnt sit down. He paced the floor. Hed look at me, hed smile. And i just had this sinking feeling that he wasnt going to be hospitalized. Pelley and if you didnt find a hospital bed in six hours, gus was coming home. Deeds he was coming home. And i was concerned that if he came home, there would. There was going to be a crisis. Pelley a representative of the county agency that manages Mental Health care told deeds that he couldnt find a hospital with a psychiatric bed appropriate for gus case. Youre concerned that your son is suicidal, the clock has run out on the emergency room, and he comes in and says, sorry, youve got to leave . Deeds well, the. He said that gus wasnt suicidal. I guess hed made. Pelley based on his evaluation. Deeds his evaluation that gus wasnt suicidal. Pelley what did you say to him, in leaving the emergency room . Deeds i said, the system failed my son tonight. Pelley there was no place to go but home. Deeds and he sat at one end of the dining room table. I sat at the other end. I ate my food, and he just was writing furiously in this journal he kept. Not much conversation, and i said, good night, bud. I didnt know what was going to happen. But, the next morning, you know, i felt like thered be a confrontation, but i didnt. I had no reason to think thered be violence. And. But, you know, i. I got ready for work, and i went out to the barn to feed the horses, and gus was coming across the yard and he was. I said, hey, bud, howd you sleep . He said, fine. I turned my back and, you know. I turned my back. Had this feed thing in my hands, and. And he was just on me. Pelley he attacked you. Deeds he. He got me twice, you know, stabbed me twice. Pelley with a knife . Deeds the state police told me they found a knife. I turned around and said, bud, whats going on . I said. And he just kept coming at me. I said, gus, i love you so much. I said, dont make this any worse than it is. He just kept coming at me. And he just kept. I mean, you know, i. I was. I was bleeding a good bit but, you know, he turned around and he started walking toward the house. Pelley deeds staggered away. A neighbor found him. A helicopter ambulance was called. Deeds when i was in the rescue squad or in the helicopter somewhere, id heard about some. You know, some call came over the scanner that thered been somebody with a gunshot wound to the head. Pelley the gunshot victim was gus. Deeds oh, yeah. Pelley gus had killed himself. He had found or bought ammunition for that last rifle, the unloaded rifle, that deeds had kept in the house. You were describing the last night in which he was writing feverishly in this notebook before you said good night. Did you go back and look at that . Deeds i did. Pelley what was he writing . Deeds he had determined that i. I had to die, that i was an evil man, that he was going to execute me and then he was going to go straight to heaven. Pelley creigh deeds has now returned to the virginia senate. Hes introduced bills to, among other things, extend emergency custody in an e. R. From six to 24 hours, and to create a computer database to list all the open psychiatric beds statewide. Deeds theres just a lack of equity in the way we as a society, and certainly as a government and insurance industry, medical industry, with the way we look at Mental Health issues. Pelley dont want to fund it. Dont want to talk about it. Dont want to see it. Deeds absolutely. That. Thats exactly right. But. But the reality is, its everywhere. Pelley youve told us in this interview again and again that you dont want gus to be defined by what happened in those few seconds on that day. Deeds i want people to remember the brilliant, friendly, loving kid that was gus deeds. Well use gus, i hope, to address Mental Health, and to make sure that other people dont have to suffer through this. Pelley the state of virginia is investigating why there was no hospital bed for gus deeds that night. Nationwide, since 2008, states have cut 4. 5 billion from Mental Health care funding. Cbs money watch update sponsored by glor good evening. The price of a stamp went up 3 cents today to 49 cents. Car dealers are predicting nearly a 6 rise in new car sales this year. And carl slim, the head of indias largest automaker tata died after falling from his Bangkok Hotel overnight. Im jeff glor, cbs news. [ female announcer ] well cook all day today, but were not staying in the kitchen. Just start the slow cooker, add meat and pour in campbells slow cooker sauce. By the time you get home, dinner is practically done. And absolutely delicious. Everyone is cooking with new campbells slow cooker sauces. [ male announcer ] elevate your style. Introducing the allnew corolla. Introducing the allnew corolla. Safer it may surprise you to learn that even in this time of stubbornly high unemployment, there are hundreds of thousands of good Jobs Available that companies are finding hard to fill. It may surprise you to learn that even in this time of stubbornly high unemployment, but one wall street veteran believes hes found an overlooked source of talent that could be the answer. He started something called year up, a yearlong jobs training boot camp for some of the countrys most disadvantaged young people. And so far, thousands of graduates are now working at Companies Like j. P. Morgan, American Express, and facebook. The result is that many of the countrys most powerful ceos are finding that they can do well by also doing good. One, two, three opportunity starts with me safer for these students, its day one of corporate boot camp. So lets make sure these are up and running. Put your papers down. Safer . Crash courses on everything from building and maintaining computers to the basics of accounting and balance sheets. 18 minutes go safer they will learn to work together, and try to overcome generations of endemic poverty. Your success here is yours. Now, you go to the interview what do you need to use . Safer they must learn not just business and technical skills, but social skills. Why is that a good handshake . Strong. Safer . And work hard enough to build the foundation of a career. What is a better way to make a connection with someone . Safer dont let all the suits and ties fool you. Almost everyone at year up has faced almost unimaginable hardship in getting here poverty, drugs, foster care, mens and womens shelters, you name it. Gerald chertavian we are going into a professional skills course. Safer this allout corporate training blitz is the brainchild of gerald chertavian, a wall street veteran who believes that hes discovered an untapped source of talent among the poorest in the country. Chertavian a majority of the young adults growing up in isolated poverty in our inner cities want opportunity, want to be challenged, want to be held to high expectations, and are motivated to actually get a good job. They havent had any exposure as to how do you do that. Safer yet, to a good part of the population, those people are invisible. Chertavian absolutely invisible. It so saddens me, if someone would see our young adult on the street, and rather than think, thats my next best employee, they clutch their wallet. And that happens. And part of this perception change is, if enough young people see our students working for the best companies, theyll change perception. Safer changing perception started with this kid, david heredia. The two met in 1988 through the Big Brothers Program as chertavian was just beginning his wall street career. Heredia lived in one of the most dangerous housing projects in new york. Chertavian i saw that he had all the potential, but didnt have the access and the opportunity. And having seen that for three years close up, i realized this was wrong. Safer chertavian helped heredia through college, but he wanted to do more. So when he sold his tech company, he finally got the chance. Using his own seed money, chertavian began year up with just 22 students and a mission. Insider trading safer . Create a yearlong job boot camp that provides a pathway to good careers for young people who would otherwise never get the chance. China is having, like, a shrinkage as far as their bonds are going down. Safer these are fairly complex subject theyre dealing with. Chertavian yes, absolutely. Safer he says the formula is simple. For six months, students choose to concentrate their training in Financial Operations or, more often, computer technology. You may see your bios coming up safer why these two specific concentrations . Chertavian so, we look for areas that pay livable wages, places where you can really earn a career. Safer god. laughs i dont think. I dont think i would last an hour at this. Chertavian im sure youd be great at it. Barack obama so this is what my hard drive looks like if i took it all apart . Safer chertavians approach caught the attention of president obama, who visited the washington site. Obama what we wanted to do was highlight the fact that there are all kinds of people who succeed, despite the obstacles. Safer and the white house is looking for ways of duplicating year ups results. At first, chertavian says he had to beg companies to offer internships. Now, firms like j. P. Morgan are actually paying year up 23,000 per intern. Ceo jamie dimon says the 300 they have taken on in their operations, retail, and Technology Divisions provide the firm with a well trained pool of talent. Jamie dimon year up gives them six months of intensive training to teach them basics. So, by the time they come here, they kind of know what a jobs going to be like, they know what an internship is going to be like, and they can kind of just keep on growing in the job. Safer has that investment paid off for you . Dimon it has. One of the biggest expenses for a company is hiring people, or particularly. In particular, hiring the wrong people. So if you end up with great, talented people who end up being permanent, fulltime here, it pays off as an investment. We. I think its important that programs like this have an end goal thats not. Its. Its enlightened, its not just philanthropy. If its just philanthropy, they tend to fall apart over time. We are asking you to acquire a skill so you can go work in corporate america. Safer a key to year ups success, chertavian, says is a relentless focus on networking and Understanding Office culture. Beyond the technical training, how important is the social skills part of this . Chertavian we know you hire for skills and fire for behavior in the work world. And so, we have to make sure our young adults know the social codes, the social norms of working in an organization like a state street, or a bank of america, or a j. P. Morgan. Safer each candidate is put through a rigorous application process, where their backgrounds, and more importantly, their determination are carefully examined. The only requirement is a High School Diploma or g. E. D. You said he was in foster care. Will he be stable for a year . Safer social workers are on staff to help with the inevitable problems, like unstable living conditions. Year up is a tool. Safer during orientation, everyone is encouraged to share their stories. Since i was 12, i have been in group homes and foster homes. My mom and my dad spent all their time working and never got to talk to me, so basically, i was kind of raised by myself. What does this tell us about resilience . Safer . And tap into the adversity and resilience that got them through the door in the first place. We offer you the opportunity to do something for yourself, and its going to be you the whole way. Safer Jonathan Garcia is a graduate. Raised in harlem by a single mother who died when he was 14, garcia is now doing computer Technical Support for the top executives at American Express, including the ceo, ken chenault. Jonathan says getting accepted into year up saved his life. Jonathan garcia back then, i had no ambition. My ambition was just to make money now, so i can eat tonight and tomorrow. Safer how far away did wall street seem to you back then . Garcia oh, it was nowhere near new york. laughter safer when a relative told him about year up, he says, at first, he was skeptical. Garcia where i was born and raised, if its too good to be true, its most likely a scam. But after noticing that everyone was very comfortable and very willing to help you succeed, as long as you have the drive, then, yeah, i made it my business to be the top of my class. Beta and zeta are both optical. Safer Students Earn College credit and a stipend of a few hundred dollars a week. Show up even a minute late to class or forget to turn in your homework, and your pay is docked. More than seven infractions and youre out. How are you . Nice to meet you . Safer a quarter of each class doesnt make it. Chertavian so, just teaching that no one cares why youre late, no one cares the bus was slow or the subway was delayed, no one. They only care that you show up on time every day and youre reliable. And if you are, companies will teach you what they. What you dont know. Good afternoon. Good afternoon safer the program culminates in a sixmonth internship at a fortune 500 company. The first person going to Goldman Sachs tanisha giddons. applause safer chertavians formula has generated impressive results. Year up now has 12 sites across the country, training 2,000 young people a year in Financial Operations and i. T. Jobs. cheers and applause after graduation, 85 go to college or are hired fulltime. Average starting salaries are 30,000, but with computer expertise, can hit 50,000 a year or more. Jay hammonds we take those reports. Safer for the past two years, jay hammonds has worked at facebooks i. T. Department. Born to a drugaddicted mother, he was adopted as a baby by a family friend. Hammonds it was rough. But at the same time, i knew nothing different. For example, i had a cousin who, you know, grew up in the same neighborhood as me. And he went down the wrong path. And a few years later, he was killed and. Sorry. Safer its okay. Hammonds at the time, it was just normal, so i knew nothing different. Safer after high school, he tried college but quickly ran out of money. He says, before year up, he couldnt even get a job at a grocery store. Hammonds i thought that would be, like, a great position for me coming out of high school. And i applied three times and never got the job. Safer doing what . Hammonds a bagger. Safer and that was the best you could. . Hammonds it was the best i thought of at the time. Safer when he saw a year up flyer, he jumped at the chance. Hammonds you know you earn money . You get College Credits . And, you know, i get an internship . That was the. The biggest moment for me, because i realized ive had potential, and that taking this chance, and them taking a chance on me, is going to change my life. And it has. Safer its no secret that wall streets image has been tarnished over the last couple of years. Dimon i. I noticed, yeah. laughter safer but, so to what extent is. Is this not just for j. P. Morgan but a lot of the firms kind of window dressing, showing that, were philanthropic, we want to show civic responsibility. Dimon i dont think we just want to show it. I think we are civically responsible. We dont want to drive successful people down. You want to get people who dont have the opportunity, you want to give them the opportunity, and hopefully they become more successful. Safer American Express Ceo Ken Chenault says chertavian is filling a gap in the economy. There is a shortage of well trained people in the fields of technology and Financial Operations. Ken chenault its a win for the urban communities, its a win for the students, and its a win for our company. We would not be doing this unless these students were active contributors as employees. And they more than pull their weight. Safer can this be expanded on a kind of scale that would have a real effect nationally . Chenault this is a template that i think has demonstrated real success, measurable success. And what needs to happen is the Business Community need to become more aware of the success that a range of companies have had. Safer so, in order to duplicate that success nationally, year up has begun offering its program to Community Colleges like the nations largest, miami dade. The goal to eventually train 100,000 a year across the country. To Jonathan Garcia, his current job at American Express, he says, is just the beginning. Garcia college is definitely important for me because i dont want to be the. The technician that keeps on supporting the executives. One day, i want to be the executive thats being supported. Safer so you want to be chairman of the board or what . Garcia laughs maybe one day. But what im thinking about for now, its the next position up, and then well go from there. [ male announcer ] smuckers Natural Fruit spreads are made with a few simple ingredients, for a sunripened deliciousness that makes every day simply. Extraordinary. With a name like smuckers, it has to be good. [ male announcer ] over time, youve come to realize. Its less of a race. And more of a journey. So carry on. With an aarp Medicare Supplement insurance plan. Insured by unitedhealthcare Insurance Company. Go long. [ bell dings ] [ bell dings ] [ buzzer ] [ buzzer ] [ female announcer ] start the year right at subway [ bell dings ] with meals that earn the american heart associations heart check mark. Subway. Eat fresh. The american heart associations heart check mark. With an innovative showerhead plus wireless speaker, kohler is the proud sponsor of singing in the shower. Kroft every now and then, there are milestones and transitions worth noting, and one of them is about to take place the departure of jay leno from the tonight show. According to a recent poll, leno is one of the five most popular people on television, and soon he will no longer be on it. Its a part of a demographic shift that is beginning to affect millions of baby boomers being pushed aside to make way for a younger generation, the inevitable changing of the guard that also reflects a change in tastes, sensibilities and values. As one of the countrys most influential comedians, leno has been part of the National Conversation during four presidencies, and a central figure in one of the most Bizarre Television debacles of the past 20 years. In 1992, we did our first interview with him when he was about to take over the tonight show. Last month, we sat down again with jay and mavis leno, his wife of 33 years, to talk about everything thats happened, what jay wants to do next, and his current state of mind. Jay leno i always tell new people in show business, i say, look, show business pays you a lot of money, because eventually youre going to get screwed. And when you get screwed, you will have this pile of money off to the side already. And they go, okay, okay. Okay, you ready . You ready . I got screwed. You got the pile of money . Yeah, im fine. I mean, thats the way it works. I mean, you know, thats. Thats the way these things are. Thats the way it happens. Kroft and no one knows it better than jay leno. And now, heres jay leno kroft hes been in show business for more than 40 years, earned hundreds of millions of dollars, and is more than familiar with getting screwed. He almost never complains about it, unless its in the form of a joke. Leno in fact, a couple of weeks ago, president obama called me, told me personally, if i like my current job, i can keep my current job. And i believed it. I believed it. Kroft in 11 days, jay leno will surrender the tonight show he inherited from Johnny Carson 22 years ago. Like carson, he goes out on top, though not under circumstances of his choosing. But hes survived in a cutthroat business largely on his own wits and talent. Its just you, right . You dont have an agent . You dont have a manager . Jay leno no, i dont have an agent or a manager, but the nice thing is i get the unfiltered truth this way. No one says, look, leno sucks. He stinks. We want him out of here. Jay, theyre very happy with you, but they want you to change. Well. Well, i get it right from the horses mouth, you know . And thats. Thats what i prefer. Did you paint that . Wow. Kroft he has never been the critics favorite, particularly in new york and los angeles, where some find him bland and unadventurous. Leno theres a controversy that wont go away this duck dynasty thing. Gays are very upset with duck dynasty. You know who is even more upset . Gay ducks. They are furious. Kroft but neither has leno gotten his due. Hes always had a feel for the audience in the middle of the country and outside the major urban areas. How did you do it . Leno well, i. I think its. Youre trying to appeal to the whole spectrum. If you look at the monologue, for every smart, insightful joke, theres a goofy joke and a silly joke and a fun joke, then a clever joke. Thats the trick, you try to have something for everybody. Kroft and its worked for you . Leno seems to. Kroft but theres been plenty of turbulence along the way. It began in 2004, when conan obrien, lenos young heir apparent, threatened to leave and go to fox if nbc didnt promise to give him the tonight show. The network agreed to what it hoped would be an orderly Succession Plan in which conan would replace leno in 2009. Leno was one of the last people to find out. Leno first time, i got blindsided. Kroft what did they tell you . Leno oh, youre out. You got. You know, going to go with this and ba, ba, ba. Oh, okay. And i went, okay. Kroft youre out. Youre fired. You got four more years. Leno yeah, that was basically it, sure. Kroft did you ask them why they had decided to do this . Leno no. Kroft you didnt . Leno no. I mean, why . No. laughs kroft no, i dont mean like. Leno why . Kroft no, i mean leno why are you doing this . Kroft no, i mean, kind of like, okay, so why . Whats the. Leno you know, you have a girl says. Kroft . Logic behind this . Leno . I dont want to see you anymore. Why . You know . She doesnt want to see you anymore, okay . Kroft they didnt say that. They said, we. We dont want to see you after four more years. Leno youre fired four years from right now. laughs i mean, isnt that hilarious . I mean, its. Its got. Whats more show bizzy than that . Whats the funny. Youre fired four years from now. Get out in four years. laughs kroft but it wasnt funny for nbc four years later when it was time for leno to go. He was still a strong number one, and very much in demand. Desperate to keep him from going to another network, and saddled with disastrous primetime ratings, the network offered him a 10 00 time slot on its schedule. Leno people asking, oh, what are you going to do after the last show . Are you going to go on vacation . That kind of stuff. Actually, im going to go to a secluded spot where no one can find me nbc primetime. laughter of course, were not really leaving; were coming back at 10 00 in september. Ill admit its a gamble, its a gamble. Im betting everything that nbc will still be around in three months. That is not a given. Its the jay leno show kroft lenos 10 00 show tanked, and so did the ratings of the tonight show with conan obrien, which dropped out of first place. Nbc panicked when the networks affiliates began clamoring for lenos return to his 11 30 time slot, and nbc agreed. Leno i said, sure. I said at the time i was going to do a half hour. And i believe conan was going to follow later. He didnt want to do that. He quit. And so they gave me the show back. Kroft were you surprised . Leno stunned. laughs oh, all right. All right, fine. Yes. I. I said, really . Kroft what was supposed to be an orderly transition instead turned into an unscripted reality show that played out every night on Late Night Television conan obrien hosting the tonight show has been the fulfillment of a lifelong dream for me. And i just want to say to the kids out there watching you can do anything you want in life. Unless jay leno wants to do it, too. laughter kroft you were the bad guy. You were portrayed as being the bad guy. Leno yeah, i. I didnt quite understand that. But i never chose to answer any of those things or make fun of any of the other people involved. Its. Its not my way, and you just go and you be a comedian and you do what you do. Mavis leno im sorry. This is a subject im very, very angry about to this day. Kroft jays wife mavis was much more upset than her husband. Mavis leno it made me angry because there was this perception that, for some reason, jay had decided to give up the show. It was like he gave the show to conan and then he took it back. That was not what happened, okay . That was not what happened. Kroft there were a lot of people that felt you should have just. A lot of people, including conan. Leno yeah. Kroft . Felt that you just sort of said. Should have gone off to. To abc or to fox or to someplace else and not. Leno well, you know something . Nbc is my home. Dont forget, back in 2004, i went into work one day and, hey, you lost your show. What . So, suddenly, it was taken from me, and then they said, we want to give it back to you. I said, fine. Kroft did you try and talk nbc into getting rid of conan so you could come back . Leno no, never. I never in my wildest dreams thought that would happen, never. It never occurred to me that they asked me to come back. I thought he would do fine. Theres no place like home. Kroft on march 1, 2010, jay leno was back behind the desk at the tonight show, and almost immediately back in first place. Leno well, Health Officials are now warning that pot smoking can cause apathy. In fact, a recent poll shows that most pot smokers couldnt care less. Kroft today, four years later, the tonight show is still number one in a crowded, highly competitive field that includes his chief rival, david letterman, jimmy kimmel, conan, and stephen colbert. And once again, nbc is pushing leno out in favor of a younger talent, this time jimmy fallon. You would have liked to have stayed . Leno its not my decision. And i think i probably would have stayed if we didnt have an extremely qualified young guy ready to jump in. If they said, look, youre fired. We dont know who were going to get. We dont know what were going to put in there. But anybody but you, we just want you out of. I would be hurt and offended. But this makes perfect sense to me. I understand this. Kroft you would have preferred to stay . Leno well, its always nice to keep working. Sure, it is. Sure, it is. But am i extremely grateful . Yeah. Do i understand the circumstance . Yes, of course. Kroft this is the part i dont understand. I mean, youre still number one. Leno well, i think, because you have talented people will only wait so long before they get other opportunities. And you dont want to lose that opportunity. That makes sense to me. And i thought jimmys been extremely gracious and polite. Kroft you said all of the same things, exactly, about conan. Leno huh . Did i say the same things . Yeah. Well, maybe i did, yeah. Well, well see what happens. laughs kroft you think you might get a call two years from now and say. Leno no. Kroft . You come back . Leno no, this is a lot different situation. Boring auction and dinner set for tuesday, maybe. Kroft this time, leno says he sees the handwriting on the wall. There is a generational and technological shift afoot with twitter and social media that he is finding harder to relate to. Leno i get it, you know . Johnny was 66 when he left. I would be 64 when i leave. And thats about right, you know . I really like jimmy fallon. I think hes terrific. You know, when i see him do a dance number with, you know, Justin Timberlake or somebody, i go, i cant do that. I think, after a while, you know, im. Im not going to be that up on the latest Justin Bieber record when youre 64. You know, whatever it might be, so. Kroft do you know what Justin Biebers latest song is . Leno no, i know you do, but i. No, i dont. laughs kroft do you get the sense, or do you have a feeling now, that things are starting to wind down . Has it kind of like sunk in . Leno oh, yeah. I knew a couple of years ago things where winding down. Sure, but this is my second time doing this, so this is my second time winding down, so you get quite used to it. Yeah. How about that snowstorm back east . New england whiter than a paula deen christmas. Kroft the staff is already working on his latest farewell show, february 6. But what Everyone Wants to know is what is jay leno going to do with himself when all of this is over. He says he expects to spend more time with mavis and puttering around his garages, which occupy two large hangers at the Burbank Airport and house one of the countrys best collections of classic cars and motorcycles. Most of them have been restored by leno and a small staff, and each car and motorcycle has its own unique story. Do you drive any of these cars . Leno no, theyre all. Every car here is on the road. Every car here is licensed, and you can hop in and go for a ride in any one of them. Kroft this batterypowered car goes back to the turn of the last century. Wow, like a tesla leno there were charging stations all over new york, 1907, 1908, 1909. Kroft leno does a weekly webcast out of the garage, and the day we were there, tim allen, another carobsessed comedian, dropped by for the taping and a tour. Id been there 22 years ago. Its still lenos only known outside interest. Its much. Much bigger now. Its a much bigger garage. But are you doing anything else . I mean, have you. In the last 22 years, have you, like, branched out . Leno you mean, like the symphony or something. . Kroft theres been no emotional growth . Is that your. What youre telling me . Leno no emotional growth . How do you mean . In what terms . laughter kroft i mean. Tim allen ooh, look at the time. Maybe ill step over here. laughter kroft you havent branched out. You havent, like, wanted to do new things with your time, with your life . Leno well, i. Each. Each project is a new thing. I mean, it depends. Allen this is getting uncomfortable. Leno im not sure what that means. Kroft grand as all of this is, no one really believes its going to fill the void left by the tonight show. And leno acknowledges that there are no shortage of opportunities for him. Youre a workaholic. What are you going to do . Leno i dont know what ill do. Will i do another late night show to go against any of these people . No. No, that. No. You cant recreate what we had at the tonight show. That was a 22year moment in time. It was fantastic. And i loved it. Would i like to do things with. Oh, i dont know, History Channel . Yeah, i think that would be fun to do. Kroft so youre going to the History Channel . Can we go with that . Leno no, no, no, im not going to the History Channel. laughs but i really like being a comedian. I mean, i like going on the road. Its really fun making people laugh, you know . Kroft his first gig is february 7 in florida, the day after his swan song. Last year, leno says he did more than 100 standup performances, in addition to his tonight show duties, and that doesnt include his regular gig at the Hermosa Beach comedy and magic club. Leno ive been here every sunday night since 1978. So its probably safe to assume this will continue. You know, this club is good because. Kroft do you have a contract . Leno no, no, theres no contract. Its a real audience to test what works and in. In a real situation. Oh, im on right now. Whats more fun . And when its successful, its very rewarding. There really is no greater satisfaction than the adulation and respect of other human beings. Hows the crowd . Good crowd. Leno i get that every day. Every day, someone goes applause well, thank you very much. Well, thank you, thank you. Most people dont get that in their jobs, you know . Every day, i walk out and i get that on my job, and its. Its very rewarding. And i dont take it for granted and its a lot of fun. Here he is right now. Mr. Jay leno, everybody. Jay leno leno. Hi, im terry and i have diabetic nerve pain. Its hard to describe, because you have a numbness, but yet you have the pain like thousands of needles sticking in your foot. It was progressively getting worse, and at that point i knew i had to do something. Once i started taking the lyrica the pain started subsiding. [ male announcer ] its known that diabetes damages nerves. Lyrica is fda approved to treat diabetic nerve pain. Lyrica is not for everyone. It may cause serious allergic reactions or suicidal thoughts or actions. Tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. Or swelling, trouble breathing, rash, hives, blisters, changes in eyesight including blurry vision, muscle pain with fever, tired feeling, or skin sores from diabetes. Common side effects are dizziness, sleepiness, weight gain and swelling of hands, legs and feet. Dont drink alcohol while taking lyrica. Dont drive or use machinery until you know how lyrica affects you. Those who have had a drug or alcohol problem may be more likely to misuse lyrica. Ask your doctor about lyrica today. Its specific treatment for diabetic nerve pain. 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