What kind of person blows the whistle on bank fraud and tax evasion is fired, hounded, and prosecuted, and then double is down and does it again, what kind of person takes on one of the biggest, oldest and most important things in europe, takes its best shot. And then the best shot of this with government and does it again a whistle blower. Thats who i am. John, carry onto welcome to the whistle blowers the. 2 2 to our next guest is an activist, a whistle blower and a former swish, private banker. Rudolph elmer, worked as a banker for swift banking powerhouse. Julius bare, eventually heading the banks caribbean operations in the Cayman Islands from 1994 to 2002 in late 2001. Julie as bears internal security discovered that some internal data had been downloaded, and it required that every employee submit to a polygraph exam. These internal documents were proof that the bank was involved in fraud and International Tax evasion. When initially approach rudolph didnt take the polygraph exa
A banker for swift banking powerhouse julius bare, eventually heading the banks caribbean operations in the Cayman Islands from 1994 to 2002 in late 2001 julius bears internal security, discovered that some internal data had been downloaded and it required that every employee submit to a polygraph exam. These internal documents were proof that the bank was involved in fraud and International Tax evasion. When initially approach rudolph didnt take the polygraph exam for health reasons, but he took it later and he failed. The bank had a policy at the time that any employee who failed the test would be fired and his employment was terminated. But he still had custody of the documents on the thumb drive. In 2005 rou, ive sold a switch business newspaper, a cd with 160 megabytes of data on it, but was almost immediately arrested in zurich on suspicion of violating bank secrecy laws. He sat in custody for 30 days and started a website for whistle blowers as soon as he was released in 2008. T
Stocks and bonds telling off after u. S. Inflation came up for a third time in a row. Next up, its all about the ecb. Rate cut bets getting paired. Volatility surges in the euro. We are live in frankfurt. Oil back in focus as the United States warns of imminent strikes on israel by iran. Negotiations on a cease fire are ongoing. Quick check on the markets as we digest the geopolitics and Monetary Policy. Futures, a little bit of outperformance in europe. I say this with a wagon of caution here. Youre a stoxx 50 futures unchanged after a major selloff in the state. Europe also outperformed in yesterdays session. How much of that is a reflection of what we may hear at the ecb today . Things seem virtually unchanged. 5208 on those s p contracts. Lets talk about the cross as i picture as well. The bond market is fascinating here. Weve crossed 4. 5 on the 10 year yield. You are seeing a bid into bonds this morning. Again, a move above 4. 5 percent. 20 basis point move in just one session. T
This is r. T. International coming to you live from moscow im Kate Partridge thank you for joining us. Austria is making headlines across europe amid concerns that the newly formed Coalition Government the conservatives have joined forces with the anti immigration ostrem Freedom Party the right wing groups been handed some key positions in the government the foreign interior and defense ministers were all belong to the party. And the fun and all the left wing activists have gathered in vienna to demonstrate against austrias new Coalition Government theyre shouting slogans and holding banners to crying the right Wing Coalition as you can see one point the square where the demonstration is being held hes in gulf layers of smoke right police are at the scene backed by water cannon. Arties peter oliver looks at what the new government means past year and in europe. Theres been widespread condemnation of this agreement across many european Media Outlets lots of fears that this will lead to
Thank you for watching the headlines here at r. T. International broadcasting live from moscow im Kate Partridge protesters have come out in the austrian capital vienna after a far right party joined the new Coalition Government while the new government was being sworn in that viennas historic hofburg palace on t. V. And other left wing activists protested outside a heavy Police Presence stopped demonstrators from entering the building where protesters had been marching through the streets carrying placards saying dont let nazis govern a major concern for them is that key state positions are being given to the Freedom Party it will take on the foreign interior and defense ministries as well as the vice chancellor ship. Theres been widespread condemnation of this agreement across many european Media Outlets lots of fears that this will lead to the the far right side of that coalition having more and more say over politics in austria but we can look at what the well the coalition of put