Morgan we know and jamie dimon their Business Model is to keep 0. 90 of every dollar they steal they pay 0. 10 of every dollar they steal as a fine they played hundreds of millions of dollars in fines jamie diamond before the crisis was mid level in america and now hes a billionaire from committing serial fraud and theyve been you know had to face the music many many times so i dont understand why theyre singling out mexico it seems like crime pays well this is a local think tank and theyre looking around and wondering why is the 1st year in a decade that the economy the g. D. P. Has shrank and theyre saying well perhaps if we cut down on all these headlines on these stories of cartels beheading people but yet youre mentioning that there is a crime wave that goes on in america and perhaps if we got rid of all the jamie diamond taking all the money. Member the velocity of money chart we showed perhaps there would be more velocity of money but just in terms of ending that crime if you en
Librarian singing timbuktu which told a riveting story of how timbuktu in northern probably managed with very brave helpers smuggled more than 350,000 historical manuscripts out from under militant to safety about 600 miles away. The book was a bestseller established as someone for truly, a great story. And hes done it again with his new book which recounts another to tail of adventure. This one about wildlife. Josh is a journalist by trade and hannah, a pretty adventurous globetrotting run himself, working for newsweek over nearly two decades. He joins this week in the late 1980s in the business and cleanup writer, is off to cover the rest of the world on postings that based him in berlin, jerusalem and back here in the u. S. In los angeles. For the past decade and a half, hes continue to report and travel widely, a range of publications. Four years ago, he won the National Magazine award and reported for peace title, nurses are dead and i dont know if im already infected. [laughter]
Epicenter of the crisis. And the e. U. Unveils plans to try to resolve the real lifetime limits caused by Artificial Intelligence. Nowhere is safe for civilians and province that was the message at the United Nations as the Security Council met for a briefing on syria the u. N. Says almost 1000000 people have fled since the start of december thats the biggest displacement in the nearly 9 years long conflict there being squeezed into ever smaller areas near turkeys border under her render. The uns humanitarian chief told the council at least 100. 00 civilians have been killed so far the smalled in air and ground strikes 35. 00 of those victims with children the presence of turkish soldiers is complicating the fighting and it and neighboring provinces along with russia are walls sponsoring a cease fire and the u. N. Special envoy is calling on them to find a way to deescalate the situation mike hanna reports now from the United Nations. We have repeated violent confrontations between tur
Build things all they do is extract and then destroy and they dont invest in the economy here this guy is saying well if we just get rid of the Violent Crime then people are going to mess here but nobody in this nobody invest its all speculation and by initialisation hollowing out of assets i remember during the 2008 liquidity crisis when credit froze the only actual money available for banks to keep the lights on came from mexican drug cartels it was part of the mexican drug cartels and Italian Mafia yes they did say there we covered that with the un itself there organized Crime Division said that that was the money flowing especially through europe but again i mean obviously crime getting rid of crime and Violent Crime is certainly a very good thing tens of thousands of people are murdered every single year here of course there are several big banks we wont mention them that have paid fines for participating in financing and laundering money for those gang. But speaking of crimes i w
Latest on the story. The financial. Max ties are this is the kaiser report remember bill black he said the best way to rob a bank is to buy a bank or therefore Something Like that this is all going to make a lot of sense stacey well for those who dont know william k. Black was a special prosecutor during the savings and loan crisis in the 1980 s. When there was widespread fraud especially there were a lot of Congress People involved in some of the bush family involved and he said at he put 800 bankers behind bars and that set in motion the boom times that followed where all the all the criminals were taken off the street by wall street he said the best way to rob a bank is to own a bank because therefore you get away with crimes here is crime in this headline because many people do associate with mexico with the cartels and crime wave here curbing crime could boost mexicos Economic Growth says think tank cutting crime in mexico could encourage more investment leading to higher Economic