The go west. Thousands of afghans that played off can stand to be lucky enough to get on flights are being looked off to being held before they are flown on 2 countries. Weve seen Hundreds Today being processed. We believe having come from some of the hangers in which theyve been staying and being processed by, by the country of one group on its way to mexico. Would you believe we spoke to a family in that group . Family of 6 . They said that was very relieved to have got out of afghanistan. Very afraid of the kind of future. The tyler by an old i see the taliban is offering them. But of course were very unsure about the future. At the same time, people hear that we like to be very grateful to the countries for their help happening reports of exceptionally cramped conditions and problems that the countries always have been placing in processing these refugees. But as i say, i think that could be pretty much expected, considering the numbers. People have been very grateful that weve spoken to and as i say, we are expecting more flights today. Im looking at at least 5 strokes, 6 see 17 at Country Air Force carriers plains, whereabouts to hopefully get on a flight ourselves to cobble in the next hour or so. And as i say, were expecting more people for our games to arrive here in casa throughout the day, and in the coming days ahead. Many, thanks for that update, charles trotted. Meanwhile, most E U countries have agreed to take in a small number of afghans flown out a couple European Commission president or live on the Lane Visit to the spanish military airport, being used as a temporary Transit Point for the evacuees a week on from hays. Hes devastating. Earthquakes of authors are facing severe shortages of aid and shelter. Government is facing growing criticism over its response to disaster. Our team visited a makeshift campus survivors and found a pooling condition. At least 41. 00 palestinians, including children, have been injured after the israeli Army Fight at protest is demonstrating near the gods border. The protesters were reportedly hiring 5 ohms from behind the Strip Sport Offense and israeli soldier was also injured. Meanwhile, these already army said this launched asteroids against, for how much positions and gather in response to these protests as well as Defense Minister has said his country will not accept any violations at the board offense. Millions of people in thE U. S. Being warned to propose fierce winds and heavy rain as Hurricane Henry heads towards the east coast. Many a preparing to hunker down. The storm is expected to make landfall in long island, new york or southern new england on sunday. More than 40000000 in the region on the hurricane, or tropical storm warning, another Hurricane Grace has killed at least 8 people along mexicos east coast. One of the most powerful storms to hit the region in years. And brought winds for up to 200 kilometers per our massive wildfires, burning through 200000. 00 hector as a protected land in bolivia, the areas home to an isolated indigenous community near the Brazil Border Lake authority say least 15 far as continue to threaten conservation zones. And red animals like jack was thousands of parents and teachers in korea have rallied for their government rios and schools. No children have not been in class since march as last year. Thats when the government closed or education Facilities G to the pandemic. That was the headlines and hes continues here now does era after the men who stole the world the. Ready news it was july 1st, 2009. I was living in Hamburg Germany at the time. I was in my flap with my wife that i had just married. 2 men came to the door and did not recognize. I did not answer the door. Minutes later i left the Building Walk to the car and to unidentified Georgia Police officers showed up in front of me and in german basically identified themselves and said they were their interpol, f, b, i a warrant. Come with us. The that was not at all what he was expecting. Obviously he looked at his wife and blew her a kiss and was pretty sure he would never see her again. Thats a feeling of total fear because you have the total unknown of what the future holds. The thought there was taken on a plane to chicago with where he had been criminal charge and entered thE United states justice system, which is a really scary place to be was a thing charges of ups going with 460000000. 00 from the F B i for, for the me, my name is phillip James Baker and im the former Managing Part of a 1000000000. 00 investment Funds Collapse during the financial crisis. My story is arise and fall to redemption story. Ive been rich. Ive been on the top and ive been behind bars and i know what it is to be called a financial criminal. I think for non free. And i want to speak out because of what i saw because ive been there. I can tell that if we do nothing, everything can happen. Again. They had no consequence. The titans of Wall Street basically faith, nothing. For my life, i went to prison. Some people would say, well, you know what, you did wrong. Its fair. Its just argument could be, i agree. But what about the people in the titans of Wall Street . The business started in the basement of my parents, and this company grew to be a 1000000000 dollar company lakeshore. It was a Hedge Fund firm. Philip baker set up a Hedge Fund and it was designed to trade in commodities on the prices of oil, coal. And like that, he was a marketer. He was the client guy. He was the one who would go out to wealthy individuals or institutions and get them to put their money with lakeshore clients were global investment banks from around the world. Goldman sachs, World Bank of canada. Name your bank comments, hsbc, banking. Those goes credits with u. B. S. Subs medalist we operated in close to 40 different countries around the world, brazil for room, panama, columbia, japan, taiwan, hong kong, obviously throughout europe. The were making millions per month, offshore accounts, not paying taxes. I was living the Dream Work worried about anything, but in my particular instance, i had something to worry. All sorts of investors all over the world were very eager to put their money with them because he was generating very good returns. And thats what investors want. He turned out to be doing something else, which was he was misappropriating the Investors Money and the investors thought they were achieving these excellent returns. In reality, they were not. Phillip baker and his partners were essentially making it up. They were like ah, ah, the 2nd thing and in some way the more damaging issue is that as they sought to recruit additional investors, new investors, which were essential because they needed to paper over the lots of money that theyd already lost. They were in their prospectuses and the documents they provided to investors to show investors how well theyve been doing the relying there to when they were saying, instead of having lost 50 percent of their assets in the 1st year they were saying, oh, look at us. Weve got a long Track Record of very impressive return. The they were lying not only about the returns, but they were lying about the longevity of the fun. So they were saying they had, i believe, a 14 year Track Record just wasnt true that they had not been traded for 14 years. Trading results were falsely reported. And hence that was a fraud. You cannot do that one, penny not reported properly is wrong. The victims were everyone who invested with investors who lost their money initially. Investors who put their money in after the initial fraud occurred. And so there were hundreds of millions of dollars that vanished as a result of this ive been asked why did i break the line . I wanted to protect what i had money, family, power. Everybody does that, dont they . What do you mean . How many people say no, i dont want the power. I dont want the money and walk away. Would you say that you are right . Color printing. Yes. Sir. Interesting. When you see your name, phillip James Baker versus thE United states of america. Its overwhelming. Then you face the assistant us attorney as hes looking you in the eye. And when you go through that circumstance, there are no words that really can describe the depths of the loneliness you feel at that moment. ThE Ultimately completed a Plea Deal with United States government. I was sentenced to 20 years for waterfront. Theyll be a criminal. Is he the type of financial mastermind that cause the financial crisis . Absolutely not. This is a guy who is, was not very sophisticated about his crime with not very malicious about his crime. And he admitted that he committed a crime. This is a classic example of where the Justice Department takes a shortcut. They want to generate publicity for themselves as going after financial groups and everyone want them to do that. Any time and time again, the people that theyre going after are these little min, theyre not going after the big fish are not going after the bankers for the most part. Theyre certainly not going after the senior executives at the banks or other big financial institutions that were the decision makers leading up to the financial crisis. In 10 years after the financial crisis. How many white collar criminals are behind bars . Dreams, theyre golden from your credits with is the only banker of Wall Street to go to jail related to Crisis E last, just a few 1000000. Not really big fish. Not a true alcohol. Could you tell me only one big bank, top executive name here, or the number of people convicted of crimes linked to the crisis in thE Us . The court of the financial times, 324 people from main street 0 Wall Street chief executives have been depressed even though there is today absolutely no doubt that Wall Street executives and politicians were complicit in creating the price i i. This is the story of how massive global banks made billions by packaging toxic mortgage loans and financial products and sold them all around the world. I, american politicians pulled the trigger. It all started with the political philosophic or a grand emission of allowing everyone to own a Home Or Government is supporting Home Ownership because it is good for america. It is good for our families. It is good for our economy. Part of the american dream that was pushed by, you know, all sorts of president clinton bush, whatever for years was homeownership authority kept the interest rates very low in order to make money very, to boil Wall Street. And politicians had agreed to work together. Wall street was the pursuit of profit politicians of the pursuit of government in appearance on economic growth, which could be turned into election victories for years to come. This was the beginning of the housing bubble. When the bubbles expanding everybody as a winner. Everybody is a genius. The lenders make money. The real Estate Development companies make money. The construction workers make money. Everybody loves a bubble. But this was a Devils Deal between politicians and Wall Street. The setting to a perfect storm. What happens in a boom is lenders take more and more risk and borrowers take for a risk because they both think things are safer than they appear to be. And one of the ways they persuade themselves to take more risk is through financial innovations on Wall Street and created the risky loan called for merck. And to deal afford to pay the bank that they had just applied for the public were given access to 0, low income and even no job loans. So if you want to be absolute craziness, it would be the ninja loan. So, ninja stands for no income, no job, and no assets. And the idea is that you would lend money to people that gave you know, information about whether they had any income, whether the at any job and then you add that it will allow you to grow enormously because now you can loan in thE U. S. Context 2 ends of millions of people have a lot of the how many people out there are there who cant get alone . Tens of millions of people in thE United state, tens of millions people, and friends. In the circumstances. This goes under the general category of predation in thE United states. The people that were targeted for the worst. Wow, were overwhelmingly a combination for demographic factors, blacks, latinos, the elderly, and the males. That is incredibly important as to why. Almost everywhere in the world these things are crimes ah, in ah, the talk to loans became a Gold Rush for the wholE Us banking an angel industry. All the major actors of Wall Street, one of the piece of the some prime Party Goldman sachs, lehman brothers, morgan stanley, Merrill Lynch Bear stearns, j. P. Morgan, City Group. And so the friends extended itself and loans were sought by the public by falsifying their own financial situation on loan application. Therefore, the public and banks are complicit. Committee Bank Fraud I. My name is richard. I was senior President And Business chief underwriter for 2nd. Good. Me at the time City Group was the largest thing it was my responsibility to make sure that the 90000000000. 00 a year that we were purchasing and mortgage alarms that were originated by other banks and mortgage companies. These met our policy standards in early 2006. I discovered that over 60 percent of these mortgages did not meet our guidelines. They were by definition defective. When i discovered this in this was june of 2006 silly me, i thought it was my job. I started showing warnings because i was supposed to make sure that these met our policy guidelines. And i sent email. I put it in my weekly report, i made committee presentations, i mean, im not a shy guy. I cornered people in the hallways at the Water Fountain and everyone say, yeah, yeah we, we, we know where we need to fix that. But nothing would happen. And through 20062007, the volumes kept increasing and the rate of defective mortgages increased from 16 to an excess of 80 percent 80 percent of these mortgages that we were in turn, selling and giving our representations and warranties that they were that map our policy guidelines did not meet our policy guidelines. This is mr. Presentation that is true. As a matter of fact, that was fraud. I. Ive seen plenty of alone documents with my own eyes that were falsified, and the borrowers still find them as if they were correct. People who were typically hair dressers, gardeners, and such reporting incomes of over 100000. 00 a year. Now their actual incomes would be in the range of about 16000. 00. In those cases, their income is inflated by 6 types. You would have waiters in a restaurant showing that they made 150000. 00 a year. I mean that clearly is is out of wine, but nonetheless, the Loan Type permitted that to happen. Richard bowen and his staff very carefully, very professionally, are documenting that these loans. The refs and warranties are false. But city is overwhelmingly turning around and re selling these low City Group. Didnt want to know, because if it looked at these places, it couldnt possibly continue to use them. It was all about generating revenue. People who worked on Wall Street, it seemed of the idea of securitized mortgages package, the thing mortgages up into securities, they actually arrange to buy the mortgages. They would package them up into securities. They would file documents with the Security Exchange Commission that they had to be able to call them securities and then they would sell them to investors all around the world and all along the way they were making money. It was almost like it was a perfect product that anybody who touched a mortgage, i made money off of it. The November 2nd of 2007, sitting at my kitchen table. I put together an email and i sent the email to Robert Reuben who the next day on sunday at the Board Meeting was Name Chairman of the board. I also sent to the chief risk officer, the chief financial officer in the team order. I said urgent, read immediately, financial issues. I put that in all capital letters. I call for an outside investigation. I said come in here from the outside and investigate what is going on here. Because everybody here already knows. And no One Contact me throughout november through december. No with no contact, no one said a word. I would tell you that that particular point in time before i would even get in my car, i was doing what they do in the move. I was looking underneath my car, look, it was a very frightening type. The february, the 6th i received, there was an email that went out with regard to reorganization. And in that reorganization, i was stripped of all my underwriting responsibilities. That next week i was put on in ministry believe and told him not to come back to the back. I. 2 me with the challenge in the brazilian dictatorship, the democratically run football team. The corinthians change the course of the nation. The center was a revolutionary football, known to locals, as the Doctor Football rebels concludes with the celebration of Life And Legacy of socrates and the corinthians, democracy movements on al jazeera, the venezuela, Columbia Boucher has become a stomping grounds for trespasses as desperate people transgress and illegal passage to feed an emerging fuel trafficking market. We follow that perilous journey unguarded through the line of fire. Risking at all and his wayland columbia. On al jazeera. Oh, the conflict between the government and the regional take great people. The Duration Fund has skills 1000 and internally displaced more than 2000000 over the past 7 month. 350000 people in the region are facing families according to thE United nation, which says that Star Ration is being used as a weapon for those who managed to cross the border, say its not because transitions have improved back home. They say to grants, continue to be targeted because of and many properties are being reported and all becomes taken refuge conditions. Here are some of the money in sight and he top stories on algebra that reports havE Up to 4 people crushed to death that cobbles, airport is off. Guns desperately tried to leave the country, but he says its mathematically impossible to evacuate thousands of afghans by the August 31st deadlines set by thE Us President Job bided. Most countries have agreed to take a small number of afghans flown out of cobble. The European Commission president ursula on the line visited a spanish military airport being used as the temper