Kingdom needs and of discussion from there on Everything Else was taken to get he explained to mr bachchan that this was a deal with saudi arabia and therefore things were done differently. They wanted 43000000000. 00 worth of weaponry that was 6000000000. 00 pounds in commission. The false majority of most people understand this bribes. Well continue to Work Together against the terrorists who threaten the way of life pacifist. One day i started crying and it was a man to look at it coming im actually he said ive been working for a travel company and we had a kind of slush fund we used to distribute to saudis and other arabs when they came to britain for be all to help the path of alms deals along. I did tell the sexual trysts or is that when the saudi military officers would come along he would present them with canteens of cut 3 that was something that they liked another thing they liked was girls so he would take about the town and get the girls. To be honest it seemed like quite s
And walk away. Were you says that you are right good of women were this. Were. Very interesting when you see your name. Philip james baker versus the United States of america. Its overwhelming. Then you face the assistant u. S. Attorney as hes looking you in the eye and when you go through that circumstance there are no words that really can describe the depths of the loneliness and feel of the moment. Ultimately. Completed a plea deal with the United States government. I was sentenced to 20 years. For wire from. The base as a criminal is he the type of financial mastermind that caused the financial crisis absolutely not this is a guy who is was not very sophisticated about his crime was not very. Malicious about his crime and but he admitted that he committed a crime this is a classic example of where the Justice Department takes a shortcut they want to generate publicity for themselves as going after financial drugs and Everyone Wants them to do that. And yet time and time again the
Walk away. Would you say that you are right could a criminal. This. Is very interesting when you see your name. Philip james baker versus the United States of america. Its overwhelming. Then you face the assistant u. S. Attorney as hes looking you in the eye and when you go through that circumstance there are no words that really can describe the depths of the loneliness and feel of the moment. Ultimately. Completed a plea deal with the United States government. I was sentenced to 20 years. For a wire from. Bill because a criminal is he the type of financial mastermind that caused the financial crisis absolutely not this is a guy who is was not very sophisticated about his crime was not very. Malicious about his crime and but he admitted that he committed a crime this is a classic example of where the Justice Department exits shortcut they want to generate publicity for themselves as going after financial drugs and Everyone Wants them to do that. And yet time and time again the people
That lehman used every quarter to hide some of the borrowed money. You see lehman would borrow money and they would pledge securities that they had as collateral. At the end it was 50000000000. 00 each quarter they would borrow 50000000000. 00 and they would give 50000000000. 00 in collateral. But they would actually say that this was a sale this was not a pledge for a loan but this was a sale of those assets for 50000000000. 00 and they would treat the 50000000000. 00 not as debts but as cash that they just got. And by doing that and using that cash to pay down still other jat they could they could materially significantly move that leverage ratio down. Then as soon as the quarter was over and they had published their number they would undo that transaction and miss. Presto they would. Give back the money take back the securities and again be leveraged just as high as they were before they did this only to fool the public and no other reason. The effect of that was in june they were a
Much the government takes in and how much it spends. Just one month after taking office the president vowed to cut the deficit in half. It stood then at 1. 4 trillion. This year the Congressional Budget Office puts that number at 1. 1 trillion. Progress, but, no. The president did not make good on his promise. Henry blodgett is the ceo of the online publiccation Business Insider and will cain is a conservative blogger. Henry, this is the chart you brought, the chart that says it might get the president fired. Shows the current Unemployment Rate versus the administrations predictions for we we should be, both without and without the stimulus. Either way, were supposed to be closer to 5. 5 right now. Can obama win with these numbers, and tell me, tell me about this chart. The polls suggest he can win. Hes been ahead in the polls and looks like he can win. This chart shows the Obama Administration really underestimated how bad things were before they came into office and how much the stim