[inaudible conversation] [inaudible conversation] [inaudible conversation] were calling back to order the confirmation hearing of the nominee of the fbi director of Christopher Rankin will begin with senator kearns. Thank you for the opportunities to question the witness. Mr. Ray, thank you for your Prior Service in your continued willingness to serve our country, particularly at this important a difficult time. I know this may not need repeating. Let us not forget why we are having this hearing. Your predecessor, james comey was not even at the Halfway Point of his ten year term of fbi director and President Trump abruptly fired him, without cause and without warning. President trump said when he fired director, that he was thinking about the fbis investigation of russian interference in our election, and investigation that director comey was overseen. Now, more than ever i believe it to be crucial the next fbi director be prepared to be steadfastly independent. As we had a chance to
Chicken shit club. After reading your book i can see that you also answered why does it appear that the Justice Department fails to prosecute executives so lets begin. Why . I cant wait to have this conversation. I think it is the flipside of mass incarceration in this country where we have two tiered justice systems, one group of people is proportionally for and punished to seriously and then weve got what im writing about which is a class of people rich and powerful who seem to have impunity in crime. Im talking about executives at the highest level of Corporate America not just bankers and not just in the aftermath of the financial crisis. This has been a problem that has been building before the financial crisis that existed today and affects not just executives of the big bank. In your book you talk about the fact it never really was the golden age when Corporate Executives violate that. You talk about the silver age and so trying to figure out how we got here i noticed you said t
Inquiry which was why does it appear that the Justice Department failed to prosecute executives . So, lets begin. Why . Guest thanks so much for having me. I can later this conversation. So i think this is the flip side of mass incarceration in this country where we have a too. Justice system. One group of people disproportionately poor to support the people of color are punished too seriously, to punitively. And that was that what im writing about which is a class of people rich and powerful who seem to have impunity to commit crime. Im talking about executives at the highest levels of Corporate America, not just bankers, not just in the aftermath of the financial crisis. This is been a problem thats been building before the financial crisis. It persists today and it affects not just executives of the big banks but industrial companies, retailers, pharmaceutical companies, tech companies. This is a pervasive problem with bringing Corporate America to heal. Host in your book you talk a
Which may be a couple of minutes because of the importance of this event in that it is the launch of what will be an Important New Initiative of the Aspen Institute. The launchingks of a new policy program of the institute that we are calling Cyber Security and technology. Obviously, a talk at that, unless you have been on a Desert Island the last six months, which actually sounds pretty good, you realize it will remain on the front pages and at the front of the National Debate for some time. Seeing some of the reporters in the room today, another sign of the centrality of this issue. We think that 2016 will likely be remembered the year in which Cyber Security really broke through the national consciousness, the coming not just a wonky i. T. Issue where we get reminders about the importance of our Computer Security to something that could actually be a threat to the american way of life. Cyber security, it turns out, is central to almost everything we do. It involves the way we bank,
Which may be a couple of minutes because of the importance of this event in that it is the launch of what will be an Important New Initiative of the Aspen Institute. The launchingks of a new policy program of the institute that we are calling Cyber Security and technology. Obviously, a talk at that, unless you have been on a Desert Island the last six months, which actually sounds pretty good, you realize it will remain on the front pages and at the front of the National Debate for some time. Seeing some of the reporters in the room today, another sign of the centrality of this issue. We think that 2016 will likely be remembered the year in which Cyber Security really broke through the national consciousness, the coming not just a wonky i. T. Issue where we get reminders about the importance of our Computer Security to something that could actually be a threat to the american way of life. Cyber security, it turns out, is central to almost everything we do. It involves the way we bank,