Our top story comes from zurich where swiss police have raided a hotel and detained a number of fee th investigation to corruption. Andrew martin has been covering the story. What do we know at this point . Reporter what we know is that the Swiss Police Raided a hotel injuring where the leadership were staying as part of an annual meeting and president ial election. At least six feet for officials were arrested fifa officials were arrested today. There were six arrests including some of the top officials. The top lieutenants were including jeff webb of the Cayman Islands who is considered to be the heir apparent. And Eugenio Figueredo of uruguay. A number of top chief officials. The allegations are wire fraud and Money Laundering, how much are we talking . We are still waiting for a lot of the details but the swiss police let out this tantalizing detail that there were bribes and kickbacks from the early 1990s to present day totaling 100 million. Some of the details have yet to emerge.
Isnt the government supposed to protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named E
Isnt the government supposed to protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named E
Europe. A lone gunman puts the world on high alert. Moft and google join forces to make it harded to find child abuse information online. Frances president has spoken in the last hour before the israeli knesset. He has yet to raise his opposition, saying his country will not allow teheran to arm armively of in nuclear weapons. Translator france wont allow iran to get hold of a nuclear weapon. We have nothing against iran which has a real history, nothing against its history to get reasonable energy. But neucialg energy is a danger to the but Nuclear Energy is a danger to the entire world as well. Hollande was given a warm welcome in the knesset. What else did he have to say . Music to israeli ears, since the french president has arrived here he has been fated by the israeli leaders as a man who is standing up to the threat as israel sees it from iran, that burst of applause there you heard in the knesset or parliament was repeated many times. There was a more muted response when once s
Passengers the left stranded and deadly protests against United Nations peacekeepers in the democratic republic of congo. Critics say the troops in blue helmets failing to protect civilians from militia violence. Ah, im painful and welcome Russian Energy company gas problem is canada gas supplied to germany through the north stream pipeline. Germanys Network Operator says flows have dropped to just 20 percent of their normal volumes. The cuts will make it difficult for germany to fill its reserve tanks before the winter and further reductions could trigger emergency plans to ration gas. The french government now says it could help out supplying 2 percent of germanys needs over the winter. But your Business Reporter and foreman, moscow correspondent aaron tilton, is here. Aaron, how would that little offer of help from the french help in this huge problem for germany . Well, it is very little offer, considering the huge hole that because in germanys energy budget, should russia actually