First, our top story. X factor creator facing the music. The discovery of the simon callow, a multimillionaire music mogul was having an affair with his best friends wife is being slashed on headlinesnd the route newspapers around a world adding spice to the scandal. She is pregnant with his first child and her estnged husband has named cal in a divorce papers. Now, this is outlandish behavior from all sides, but there are lessons we can take away from this. Here to weigh in, fox is legal analyst, divorce attorney, and welcome to you all. A great group of people to talk about this. I want to start with you. So clearly he does not have a corner on the market for stupidity, but he sure is a trailblazer when it comes to this. I want tknow how much money he could lose and all of this. Aot. He has 350 millilion that has bn reported. What will happen, but with the divorce proceeding in the child custody proceeding. We will find out exactly, forensic analysis about how much money he has. Child custody is usually set up on the lower grade. You have so much more money than god. He will be paying a lot of money gerri but let me ask you. Is the Biggest Issue the child or is there somebody else coming for his money . It is secondary. There is no paternity test. Once w find out and determine scientifically he that he is the father of this child, then there will be ahild support issue and hearing. First and foremost it is how did they get divorced . Get seasick and im going to take less because i dont want him to testify during the divorce hearing and open up all of this. That is what is happening we can late, but cant wait. But in the courtroom every day we dont want him to be testifying. So subtle. Get less out of the deal. Walkaway saying everyone found out you cheated. Gerri we already know. Apparently he said i will take care of this child. To you. It is so interesting. 350 million estate. The husband saying that he once clearly is trying to get himself of all that having to pay anything. What is at stake here for simon and the wife . Well, certainly it is a publicrelations nightmare. But there is a lot of prejudging going on. First of all, his track record in other situations has been good. He has not run from respsibilities. There is no indication he will do that here. Gerri to that point, that tv hosts inngland. He gave her 9 million. A fiancee that he also supported. This is a guy who makes good on his promises. Has already said cmon going to take care of this child would it be a trust . Exactly. A trust could be set up. He wont get custody because they are not married. Gerri i dont think he wants it. The other thing is aenatn of affection with silverman to the husband because he could file a who separate lawsuit. Gerri would that be . Alienation of affection. You took my wife. The medieval sort of standard, but it is possible. This is what it will be. He will have some type of custodial parents rights. Albees advocate. A legal standpoint,hat he did is disgusting. But she is obviously very currently. We will happen is you will pay a lot in Child Support over the minimum guidelines. The child should benefit. Child care, nannies, cars, clothing. Thishild will not want for anything. Trusts, college funds. Gerri what about her . She doesnt work. The point is, first of all, even though there is no fault divorce in new york, our conduct may obviously play into this. But from the standpoint that nt see why we are prejudging him and all of this negativism other than getting involved. She may embrace. Heay when w take care of this child. Gerri well she has t that he has not denied. They used to travel together. Come on. He honestly and the really bad plan and poor judgment when he did this. You cant really i mean, you cant support this guy for doing that. Im not saying that. But i think there is prejudging going on the divorce settlement, less than she would less than the divorce settlement that would have been issued yet have the divorce and the child. Youre the one that wrong your husband because youre right. New york is no fault. He didnt go with no fault. Evenith adultery. This is t the fault divorce. Unusual estranged. Gerri we do it a lot of times because we want to pay back that paramour. On person that actually cheated on you. Everyone wl know about it. That is what we do. Research. That is what happened. Jurisdiction over this guy. What about him . The fee is named as a respondent. Legitimatat so clely a few problems. He has done this sort of thing before. What should he do financially to protect himself if he know that occasional things get out of hand and you want to protect your assets from her husband. Or should you do . A tough call because with every does now will loo like he is fightingt. The insurance policy, go to the Insurance Company and say i won an insurance policy. Gerri Life Insurance for Child Support because god forbid he has to underwrite that. All of his assets. He would not have control over it. The end of the day nobody would. Anybody that has a lot of money has to anticipate this. A any type of trust to protet your assets from creditors. Unfortunately. While. Im glad we did this. Thank you. Great job. Thank you so much. Well, i hope you heard that. Coming up nt, a big tax breaks this weekend, especially if you live in one of the states. All about it. Did u know there are over 700 wireless plans to choose from . Picking the right one is a nightmare. How do you do that . We have you covered. [ male announcer ] these days, a Small Business can save by sharing. Like carpools. Polly wants to know if we can pick her up. Yeah, we can make room. Yeah. [ male announcer ]. Office space. Yes, were loving this communal seating. Its great. 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Its called hp moonshot. And its giving the internet the room it needs to grow. This. Is going to be big. Its time to build a better enterprise. Together. Gerri backtoschool shopping season is upon us. Nell is the time for shoppers to start getting their lists of must have together. Luckily there are 16 states offering sales tax holidays, with many coming up this weekend in states like florida, south carolina, alabama. Clothing, supplies, and they vary by state. Thats pretty cool. Most state sales taxes fall between four and 8 . That is a great discount. Tips on how to get the most of those sales. Kate rogers. Good to have you here. I know everybody out there is trimming their budget this year for backtoschool. I hear they will spend 8 percent less. If you use these tax sale holidays you could save a ton of dough. Lets get to tips on how to save money. A lot of different ways. Families will be spending about 35 on average per kid this year. The first way is to buy discounted this gift cards. Go on sites. By giving cards for certain stores that are discounted by about five to 10 . You usehemuring the tax holiday and go get a Double Discount at some stores. Gerri also, checking circulars, newspaper ads, for online coupons. Youre trying to double down on savings. If you know you want shop at macys and are in one of the 16 states that will be offering a tax holiday get a coupon and go and double down. Gerri shop early because everyone in the mother will be out. Experts say it is not quite black friday crazy, but if you have a child or a teenager in particular the wants aertain sneaker or type of clothing in need to go early. A lot of sales start this weekend in alabama, arkansas, florida. They say you should go on the number one. That would beugust 2nd, today, tomorrow, sunday. Really take advantage. Gerri we have to find out. You say also online discounts are key. Andrew napolitano no. We have to be in certain states. Some of them are more lenient. All the breakdowns for the 16 states. It depends on what state youre an m1 state the stories in the youre ordering from. Gerri thats cool. Did not know that. Check to see which items are exempt. Exactly. Weave these tips of there. In certain states like texas, there will have clothing that will be exempt. But certain items like climbing boots will be part of the tax holiday. Climbing boots will be included. Gerri the devil is in the details. Check what you want and make sure it will be able to be discounted during holiday. Gerri thank you for coming on. Appreciate it. Great job. Well, i case of buyers remorse. Weve reporte citol hill anxiety after going on the Obamacare Insurance Exchange since it was on kick on fr. The white house saying today that the office of Personnel Management has decided lawmakers and their staff will go on to the exchanges but the government will keepubsidizing coverage. My next guest says this fight is just srtg. The heritage foundation. Thank you for coming on. How is it possible that this is just Getting Started . At how we were done. The office of Personnel Management has ruled. We have not actually seen the ruling. They have three years to rule. They have not. Now suddenly at the end of the game they are. We are you in a paper, my colleagues and i just published, one of my colleagues being a former general counsel of the office of Personnel Management, they dont have the Legal Authority to dt. One of the many messages in obamacare. Congress sewed it up for themselves as well a everybody else. Now congress is trying and the administration is going to give them a fix. It looks like the administration is sing we will do this anyway , do something were not allowed to under law, but we are not worried because you will benefit, you, congress. You wont complain in the public wont know. Gerri what do you think this is being done in august . So that you and i dont know about it. Gerri how did they think it will get awawith this idea . The rest of america has to play by these rules, but when it comes to congress and their employees, no way. This is the thing. Thus the problem there are a lot of arguments that said the provisi does not work. The other provisions that dont work for businesses, unions, theyre complaining. That is the whole problem. I think maybe what happened is that the fact were comingut with this analysis forced their hand sooner than it wanted to. Gerri very perful. The deal here, the bottom line for taxpayers is that the government pays 75 percent of premiums for health care. Workers in congress as i understand it and now the office of Personnel Management says the government will keep paying. You say, before i go any further, maybe not. Congress has to rule on this. It seems to me if youour taking people out of the pot that should be paying in, doesnt that hurt taxpayers more . What happens is these are employees. The program runs. This is true of all federal workers. They pay 75 percent of the premium, like anybody else, up to a certain amount. The problem is not so much the money. The problem is that congress, like so many other places in this legislation justice of together job. It and know what theyre reing and in of wrigley kick themselves out of their own health plan. Okay. Fine. Theyve done a lot of other silly things because they did not pay attention. Now theyre the only ones that get a deal over. But the consequences for businesses, insurers, hospitals, unio. I mean, why dont they did a duul over . So what theyre tryin to do is avoid what really has to happen. Gerri you know why they dont want to do that. Theyre afraid busy developing flames. Republicans, yet again, the 40th time trying to defund obamacare. And this is why people keep calling in obamacare, but if you think about it thi lousy bill was written by senator reid. We show them the legislative history in great detail, you can see exactly how the senator put this together, grassley actually tried to fix it and got voted down. Again, what happened. When scott brown won in massachusetts and then no longer have the filibuster proof majority it was nancy pelosi is said take the we have an shove it throu. Thats what they did. Gerri of fascinating study. A legislative nightmare that exists. Unfortunately where the ones picking up the tab. Great job. Thank you for coming on. Now we want to know what you think. Heres our question. Should Congress Play by its own rules . G on to gerriwillis. Com, vote on the right hand side of the screen. All share the results of the end of the show. We have more. Would you pay 35 percent more for something that is actually worth less . It turns out millions are. We will explain whats going on there is smart phones could be kiing your relationship. I believe it. Coming up. Gerri wireless carriers over hundds of choices for service hundds of choices for service plans, but they mak no gerri well, the most confusing pricing options ever offer to consumers. You know what is Wireless Phone plants. One carrier, at t, offers 30 different plans and that is just for an individual. If you are a family comestible the confusing. Choosing the right to right plan can be a real headache. The wall street journal just concluded huge investigation. Welcome to the show. Eat to have you. 700 plants. 688 is the actual number if im not inflating it. I have no idea how to even get started trying to figure out the right one. We were startled when we went through this analysis. Took us three months to put this together because there are nearly 700 different combinations at t alone has more than 500. How is theverage consumer supposed to figure this out . Gerri cc and interesting thing. They have plans that contradict each other. If you look at the family plans, and is a legacy family plans, nearly 40 percent of those plans are actually more expensive than the mobile share plans that at t offers with more data and more voice minutes. There all these conflicting plans. Sprint does the same tank. Part of it is when you have confusion in the marketplace people dont know what to do. They end up staying which is with these carriers want. Gerri analysis paralysis. Thats a good way to put it. You mentionedt the wall street journal has a calculated that people can use to navigate the process. Where do we find that . Its free. And again, we are trying to simplify this and bring transparency to the marketplace. We saw all of these plans and people complaining constantly, we tried to find a way to make it easy. Its four simple steps. You can type in the number of lines you need, how much text, voice, and data. Tmobile, at t, verizon, sprint. Gerri i may not know the right answer to that question is the other problem. Shouldnt he just go on limited everything . Its a good question. Sprint and tmobile both d doubt that. Their networks are weaker than at t and verizon. Most people, youre really talking about data because most pele with their smart phones consume a lot of data. Most people use under one gigabyte of data, which is not a lot when ou look at the tiered options. So you really are often paying a lot more than you should. A lot of People Research analysts say people overpaid. Most consumers probably are. Gerri i have a theory. I think youre trying to confuse us of the king give more money. That may be part of it. The carriers will say that, but thats when you looked at data. The tiered options. The carriers like tmobile and sprint to are desperate to get people to come from verizon and at t will do the unlimited and take it. The other carriers realized by having options, youll probably pay more. Gerri i think thats great advice. You have to tell us one more time or goor the speculator. You have to come back. More questions for you. Im not done yet. Thank you. Well, now its time for a look at the stories are clicking on tonight. Michael ell a his buyout partners are upping their bid to take Dell Computers private here. The new bid is 204 billion includes a special dividend for shareholders. Sharehde will vote on the latest offer in september. The federal government along with 33 states are getting closer to decidinhow to penalize apple for pricefixing. The fed accused apple of conspiring with publishers to up raise prices. Among the remedies proposed making it easier for csumers. Delta airlines said friday it but fewer passengers in july. Costcutting and baggage hes to help the airline make more money. Delta is the secondlargest in the country behind united continental. And the stock market ended the week on a high note. Dow and s p 500 closing a new record hig. Even though the latest jobs report was weaker than most, and those are se of the houue stores right now o foxbusiness. M. Still ahead, smart phone surveys that could spell trouble for relationships. And americans spend more time deciding what is for dinner there were to invest the money. We have a survey that shows th. Stay with us. With the spark miles card from capital one, bjorn earns unlimited rewas for his Small Business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purase every day. Produce delivery. [ bjorn ] just put it on my spark card. Garth why settle for less . Ahh, oh [ garth ] great businesses deserve limited reward heres your wake up call. [ male announcer ] get the spark Business Card from capal one and earn unlimited rewards. Choose double miles or 2 cash back on every purchasevery day. Whats in your wallet . [ crows ] now wheres the snooze butn . Its delicious. So now weve turned her toffee into a business. My goal was to take an idea and make it happen. Im janet long and i formed my toffee compa through legalzoom. Never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. Go to legalzoom. Com today and make your business dream a reality. At legalzoom. Com we put the law on your side. Gerri consumer alert. Time warner