But in 2000, Congress Gave wall street an exemption thats turned out to be a very bad idea. Its legalized gambling. It was illegal gambling, and we made it legal gambling. With no regulatory controls. With absolutely no regulatory controls. Zero, as far as i can tell. I mean, it sounds a little like a bookie operation. Yes. [watch ticking] i dont to die. I shouldnt have to die. Helen sharp, suffering from lymphoma, just got the letter that says her county hospital is cutting charity care to Cancer Patients. Its a symptom of the recession Public Hospitals forced to cut Vital Services just when people need them the most. When you read this letter, what did you think it meant to you . A death sentence. Welcome to 60 minutes on cnbc. Im steve kroft. In this episode well meet some big winners and some big losers in the high stakes game of world finance. Up first, the secret vaults of geneva and zurich, which have served as repositories for the wealth of dictators and despots, mobsters and a
Of gaming laws. But in 2000, Congress Gave wall street an exemption thats turned out to be a very bad idea. Its legalized gambling. It was illegal gambling, and we made it legal gambling. With no regulatory controls. With absolutely no regulatory controls. Zero, as far as i can tell. I mean, it sounds a little like a bookie operation. Yes. [watch ticking] i dont to die. I shouldnt have to die. Helen sharp, suffering from lymphoma, just got the letter that says her county hospital is cutting charity care to Cancer Patients. Its a symptom of the recession Public Hospitals forced to cut Vital Services just when people need them the most. When you read this letter, what did you think it meant to you . A death sentence. Welcome to 60 minutes on cnbc. Im steve kroft. In this episode well meet some big winners and some big losers in the high stakes game of world finance. Up first, the secret vaults of geneva and zurich, which have served as repositories for the wealth of dictators and despots
Let them eat cake. Since our report first aired, the bakery has moved into its maya lindesigned facility and more than doubled its brownie production for ben jerrys, the vermont ice cream company. Julius walls jr. Resigned as c. E. O. Of the greyston bakery in 2009 to pursue a fulltime church ministry. His successor, william mistretta, is the first baking Industry Professional to run greyston as it continues its Double Bottom line mission. Thats this edition of 60 minutes on cnbc. Im steve kroft. Thanks for joining us. Captioning by captionmax www. Captionmax. Com [watch ticking] Bradley Birkenfeld spent most of the last decade living in switzerland helping wealthy americans hide their money. Youll hear how he did it and how he touched off an investigation that would shake 300 years of banking secrecy to the foundation of its underground vaults. How unusual is it for a swiss banker to come forward and say, this is how it works . Its never happened before in history. Im the first one. [
Let them eat cake, huh . Let them eat cake. Since our report first aired, the bakery has moved into its maya lindesigned facility and more than doubled its brownie production for ben jerrys, the vermont ice cream company. Julius walls jr. Resigned as c. E. O. Of the greyston bakery in 2009 to pursue a fulltime church ministry. His successor, william mistretta, is the first baking Industry Professional to run greyston as it continues its Double Bottom line mission. Thats this edition of 60 minutes on cnbc. Im steve kroft. Thanks for joining us. Captioning by captionmax www. Captionmax. Com [watch ticking] Bradley Birkenfeld spent most of the last decade living in switzerland helping wealthy americans hide their money. Youll hear how he did it and how he touched off an investigation that would shake 300 years of banking secrecy to the foundation of its underground vaults. How unusual is it for a swiss banker to come forward and say, this is how it works . Its never happened before in his
Through the volume of the imagery. China also helps satellite images before releasing them to the public. Part of it is not telling the other guy what you got. The reason for that is theres some capabilities that a lot of countries want to keep hidden. One of those capabilities is how fast can you take a satellite image and actually analyze it and use it in an operational sense . Many countries see that as a very closely guarded operational secret. The search from the air see equally complicated. Three orion military intelligence planes two from the Royal Australia Air force and one from new zealand have been dispatched with large area search sensors and radar. Planes capable of low level flight that can stay aborn up to ten hours. The u. S. Navy has sent a p8 poseidon with a unique capability. This aircraft can in essence be the controller of a fleet of drums. It can go up above 20,000 feet or even depending on what theyre doing, then it can control a fleet of drones as they look at v