Force going nowhere to go beyond the gang of place that us president biden promised would take them away, but it shops, so your position, the criteria who is most recent by the telephone from one another so my mother has been some idea for the last 6 days, but the best of luck im nice took outside because of all the people at the gate, knock them out of them. This is the north gateway. Most people are asked to enter through. But in recent days it has been closed because of what the us is, is security threats from iso. But for most people here, the biggest threat is a stampede is the Hydration And Gunfire pulled and 20 people have been killed in the last week in and around the pools. And again, if im living here with my children right now, im scared of the crowd and all the gunfire. Theres no information you, i shouldnt have announced anything if they werent able to take people out on the road to the north gate. This is where the Telephone Presence ins and ask in special forces begin specifically in d s 0 units. The 2 are separated by a piece of string the, the 0 unit span filming, so we record on our phones. All other ask and security forces surrounded, but they did not. 0 units are funded by the ca and accused of night rates and human rights abuses pop out of the saw us. There is a lot oF Danger here. The india 0. You next doing a lot of fighting, threatened people. A lot of people who was the us put them in charge of this stretch of road to separate western forces from the telephone. Still, as we filmed the telephone drove past on whom do at the Airport Gunfire has been the main cause of injuries. These were the 0 units last week, shooting appears to be the preferred method of crowd control. The telephone has also moved in some of its most viewed faces. The buttery 313. It is a special Forces Wing associated with the powerful her connie, and it works. They anal securing the perimeter of the air force. Youve been trying to reach evacuation flights because they say scared of the taliban gate, its the taliban. They must get through 1st followed by 0 units in a stretch of land. The us is it is flying out tens of thousands of people for their protection. But 1st, making them cross a dangerous road to safety. Charlotte Dallas Al Jazeera in the headlines, the us. Madisons regulator is fully approved the 5, the vaccine against covered 19 for Everyone Age 16 and above spending Emergency Use since december. The pentagon now says its compulsory for members of the u. S. Military to get a vaccination and new York City is making it mandatory for all teachers and school employees. If youre one of the millions of americans who said that they will not get the shot when its until the has full and final approval of F D a. It is now happened the moment you been waiting for it here. Its time for you to go get your vaccination and get it today. Today. Its an important moment in our fight against the pandemic. Anti Ones President has received her 1st Choice of a locally developed vaccine as a nationwide rollout gets on the Way Tie in when broadcast the job on social media to try and raise public confidence in the management vaccine. Taiwan pushed to develop a local vaccine off the delays and deliveries from mcdonough and astrazeneca. Those are the top stories this our stay with us. The men who stole the walls is the program coming up next . Oh i the it was july 1st, 2009. I was living in hamburg, german at the time. I was in my flat with my wife that i had just married. 2 men came to the door. I did not recognize denies the door. Minutes later i left the Building Block 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 bigger was taken on a plane to chicago with him 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 up scalding with 4 160000000. 00 from yes, the i for fraud, the me, my name is phillip James Baker and im the for me, managing part of a 1000000000. 00 investment funds, the 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. I know what it is to be called a financial criminal. I miss my guilt, but 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 faced nothing. From my life. I went to prison. Some people would say, well, you know what, you did wrong. Its fair, its just the argument can 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, 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. Our clients were global investment banks from around the world. Goldman sachs World Bank of canada, named pure 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 Werent 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 that they provided to investors to show investors how well theyve been doing their relying there to when they were saying, instead of having lost 50 percent of their assets in the 1st year they were saying, look it up. Weve got this 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 trading 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, the victims were everyone who invested with investors who lost their money initially, investors who would put their money and 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 doesnt, 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. If very 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 10 to 20 years for waterfront. Still bigger the 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 was not very malicious about his crime. And but 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. Theres 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 credits, which is the only banker of Wall Street to go to jail related to the 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 u. S. The court of the financial times 324 people for mainstream 0. Wall street chief executives have been depressed even though there is today absolutely no doubt that Wall Street executives and politicians were complicit. Crating 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, the american politicians pulled the trigger. It all started with a political philosophic or a grand ambition of allowing everyone to own home our 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 the Home Ownership 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, the pursuit of Government Interference and 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 is 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 loans called prior to mac and ill afford to pay the bank when they had just applied for the public were given access to 0 low income and even know job loan. 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 they had 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 States, tens of millions people, and friends, and they circumstances. This goes under the general category of predation in the United States. The people that were targeted for the worst, well, were overwhelmingly a combination for demographic factors. Blacks, latinos, the elderly, and the males. That is incredibly immoral 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 frying 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 were complicit. Committee bank for me. 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 and 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 are 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 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 met our policy guidelines did not meet our policy guidelines. This is mr. Presentation that is true. As a matter of fact, it was fraud. I. Ive seen plenty of alone documents with my own eyes that were falsified, and the borrowers still find them. If they were correct, the people who were typically hairdressers 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 them 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 reselling 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 the 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, matina 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 there was no contact, no one said in 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 movies. I was looking underneath my car. And look, i was a very frightening on the february, the 6th i received, there was an email that went out with regard to reorganization. And in that reorganization, i was script of all my underwriting responsibilities that next week i was put on in, been grading believe. And told him not to come back to the back. I. 2 me the me the story of life. Life and death. An israeli spelling operating on the deep cover in syria, knowing that discovery would mean certain death. Algae, 0 well health gripping story markets by l. E coming, operated on the cover in syria, in the 960 Notation Career that ended in public execution. L eco. And most of the agents on al jazeera, most people will never know whats beyond these, the deafening silence of 100000 how it feels to touch danger every day. Most people will never know what its like to work with. Every breath is pressure with fear is not an option. But were not most people a tale of 2 president s, venezuelan, military defectors, me american mass, and reese, ah, and the bizarre told Daisha Attempt at regime change in the bone of every republic of venezuela. People in power, the bay of pigs on al jazeera, the diverse range of stories from across. From the perspective of our network, gentlemen, on the al jazeera, ah, ah, marianne noisy in london with our main stories. Now the taliban is warned of consequences if us and allied troops cross its red line and remain in afghanistan be on the deadline. Thats just 8 days from now. Us president Joe Biden is on the pressure to keep american troops on the ground to continue with evacuation efforts. Fortune and fonts are among those calling for that deadline to be ease. We are engaging with the taller bod, consulting with the taller bond on every aspect of whats happening and cobble right now