to broadcast live images up until right now 2:30 a.m. in cairo. they brought us live images of celebration of euphoric magnitude all throughout egypt. in fact, all over the arab world. of course, this is in unprecedented event in egypt. in fact, in the arab world with exception of what happened in tunisia less than a month ago. experts on al jazeera, for example, compared this day to the fall of the berlin wall for those who have any understanding of the dynamics in the culture of the middle east, according to them the tune issue in shan revolution has started a domino effect in the region. now that domino effect is even stronger of with the fall of what they view is the most brutal dictator in the arab world. shepard: go ahead, sorry. in fact, in short, in the mumbarak are a vijay, regime. this is the feeling. this the mumbarak regime can be brought down all other regimes
we ll see what that means for egypt and the world. this is a pivotal moment. above all, this transition must bring all of egypt s voices to the table. shepard: plus, remember how mumbarak has all that money? let s just say he may have trouble making a withdrawal any time soon. tonight, fox reports live on the fall of mumbarak and the future of egypt. [cheers] shepard: first, from fox this friday night, revolution. hosnihosni mubarak s in the hanf the biggest popular uprising in the history of the modern arab world it has massive implications for the united states, for israel, and for the region. but for tonight, celebration. it s been going on for hours. exsill lear ration in the streets of egypt. after they learned that the man who oppressed them for decades now is gone. take a look what s happening in cairo. similar scene across that
asked. but one thing is for sure, egypt s economy needs to be fixed now. this country desperately poor has already suffered after 1 days of uprising. now that the protesters have got what they want, this country begins the business of rebuilding. and, shep, it s going to take a while, but tonight they are not thinking about that. they are just celebrating their freedoms. shepard: ashley webster from the fox business network live in cairo early this saturday morning. government officials in switzerland today announced an immediate freeze on any possible assets belonging to the former egyptian president hosni mubarak or his family. that s including real estate. a foreign ministry spokesman says the government wants to avoid any risk of misappropriation of egypt-owned funds. he did not specify the value of those assets. but some of the experts have said that between swiss and british bank accounts, and international real estate holdings, mumbarak s family fortune could be worth up to
president mumbarak yesterday promised retribution against those who egyptian demonstrators. everybody knows they were actually working for him and doing so. now that we have a new the egyptian army forces in power and other people are in power now, i hope that listen, this is not about retribution at this moment. shepard: understood. we need to build a new egypt. it is not about red tri biewtion. we need to help new forces for democracy to show up, to have their voices heard so we can build a democratic, free egypt. shepard: that s enormous task for people who have two thirds of the country have never known anything but hosni mubarak and certainly in many cases don t understand the concept of freedom. that s why this is going to be more difficult. this is why the military has to play a try to need to show people and assure everybody that they are not there to stay forever. they are there only to safeguard
bill: right. overnight. okay. but i predicted he would leave. so i mean it was pretty the writes wag on the proverbial wall. the army said, look, you are either out of here or we are going to take care of you, so see you later. where do you think mumbarak is going to go and were you surprised that the swiss immediately froze about $3.5 billion that he has or his associates have as well in switzerland? the surprise me. not the fact that they froze it. this is what these past few days was all about. was all about the money. mumbarak wanted guarantees that the money would be protected. nobody could give him those guarantees. he wouldn t leave until then. so they forced him out, froze the money. my guess is he is going to saudi arabia. the saudis have been very pro-mumbarak. they love him. no one else who wants him at this point. that s where i think he is going. he has got family in london. and he has probably got money other places stashed all over the place, right? you wou