Transcripts For KPIX 60 Minutes 20140728 : comparemela.com

Transcripts For KPIX 60 Minutes 20140728

Sits above most of our atmosphere. The night sky here is more brilliant than anything you can see without actually being in orbit. 66 ultrasensitive radio antennas are helping scientists gaze deep into space. Its the most ambitious astronomical project on the planet, revealing things that have never been seen before, literally. Cooper the nile crocodile can grow up to 20 feet long and weigh as much as a car. Theyre patient and stealthy killers that drag their prey into the water, where they drown and dismember them. Hundreds of people are killed every year. Yeah, okay. Anderson, good . Cooper lets go. Okay. Cooper so, why would we go diving with them . To learn more about africas largest and most feared predator face to face. Kroft im steve kroft. Stahl im lesley stahl. Safer im morley safer. Simon im bob simon. Cooper im Anderson Cooper. Pelley im scott pelley. Those stories tonight on 60 minutes. Unlimited cash back. Let that phrase sit with you for a second. Unlimited. 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Toss the tube for good with scott naturals tubefree. This is lady. Shes a unicorn. And a pegasus. And why is she strapped to the roof of my rav4 . Well, if you have kids. Then you know why. Now the real question. Wheres this thing going in the house . The rav4 toyota. Lets go places. 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. But, as we reported last january, 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 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 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 welltrained 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. cheers and 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. Safer since our story aired, year up received over 1 million in donations, 175 more companies have signed on, and applications are up 200 . Cbs update sponsored by lincoln financial. Calling all chief life officers. Good evening, imposed tougher sanctions on russian banks this week, president obama will soon sign a bill that lets people unlock their cellphones. And fast food workers in chicago are promising civil disobedience to win a 15 an hour minimum wage. I am jeff glor, cbs news,. Your eyes are so deep that a man can get lost all the suns admire themselves in their reflection your eyes are a Weather Report your eyes are so clear that they hide your lies your eyes are the windows on the gods the doors on humanity your eyes are so precious that diamonds are jealous your eyes are so unique that nothing similar ever existed in the universe lenscrafters loves eyes to make Peanut Butter so deliciously creamy. It can even be a game changer. Thats why choosy moms and dads choose jif. It can even be a game changer. Duuude. Iphone might be that hasnt happened yet . En. Well. You know that thing youve been waiting on for like two years . And how it is supposed to be awesome. And how its going to blow your mind. Well its been here this whole time. You must be happy. [laughing] [phone ringing] one second. Hey. Its everything youve been waiting for. 5. 1 inches of full hd. On the Samsung Galaxy s5. Simon at this very moment, astronomers are exploring parts of space that have never been seen before. They are seeing the actual birth of planets and stars, countless millions of them, from the top of a remote plateau in northern chile. Deep in the atacama desert, theyve built a revolutionary new observatory known as the atacama large millimetersub millimeter array, alma for short. Its a different kind of telescope, not the kind you look through. Alma is the worlds most powerful radio telescope, which means it deciphers wavelengths of light colors, really that the human eye cannot see, giving scientists a window on parts of the universe that are otherwise invisible. Its a project thats been 30 years in the making and cost 1. 3 billion. Alma is just getting started, and as we reported last march, it has already made some astonishing discoveries. For centuries, people have come to this high plateau in northern chile to look far into the heart of space. Its called chatnontor, which means place of departure. As these timelapse pictures show, it is the earths window to the stars. At 16,500 feet, its above most of the earths atmosphere; theres very little here separating man from the heavens. The result is a night sky thats more brilliant than anything you can see without actually being in orbit. The landscape is otherworldly, and the harsh terrain stretches hundreds of miles. But the same features that make the desert so inhospitable also make it an ideal place to gaze at the galaxies; its high and its dry. Alma is comprised of 66 radio antennas. The expertise and technology assembled here make it the most ambitious astronomical project on earth. Has there ever been an enterprise on this scale before . Pierre cox on this scale, no. Its the biggest one. Simon pierre cox is almas director. His job is to coordinate the 19 Different Countries involved in the project. Cox when i took my job, people said, oh, my goodness. That would be like being the secretary general of united nations. Simon thats what i would have thought. Cox i thought it, also. But then, i thought a little bit about it, and i think, no, its much easier because all the members have the same goal, which is not true for the united nations. Simon but it is a herculean task. Everything you see here had to be manufactured in europe, asia and north america, and shipped to the atacama. It was assembled and tested here at almas base camp at the foot of the mountain, an altitude of 10,000 feet. Then, the trip to the top, at eight miles an hour. Each one of these 7 million instruments has to make the 17 mile

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