Chase Reed opens pawn shop for sneakers

Why barter with other sneaker heads on eBay.com for bootleg Jordans when you can get the real thing for $15,000 at a pawn shop that deals in throwback kicks? The president's teenage daughter collects a paycheck fetching coffee and dry cleaning for the staff over at CBS, but one enterprising 16-year-old has found the perfect niche: a sneaker pawn shop.

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Malia Obama Has a Job

While other teenagers spend their summer splashing in the pool or frolicking on a beach, President Obama's daughter Malia, 16, will be collecting a paycheck as a production assistant on the new CBS show 'Extant'. Malia probably drives to work every day. According to Mrs. Obama, Malia already has her license.

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