Transcripts For ALJAZ 20240710

Card image cap

People and get them to the airport because of the threat to tell about also saying to us, were also trying to secure the perimeter were also trying to isolate we also understand that theyve got to kind of do strategy to get people. And we were witnessing this yesterday with their putting people on buses, essentially pre facing them at different places around cobbled checking that theyve got the paperwork they need to get through. And then taking those buses as kind of a streamlined process to get past the taliban. Mexico has accepted its 1st Group of refugees from ive got this done more than 100. People arrived overnight on 2 separate flights. Some after nationals of arrived in uganda under the deal arranged by the United States and officials say the evacuees will only stay in the country for a short while before being recycled elsewhere. 24, our coffee has been put in place. And then jerry, in the city of george soft, a gunman killed at least 36. 00 people during a raid on a mainly christian community. Please say 10 suspects have been arrested supporters oblivious former into the president , janine and yes, reminding her released from Prison Medic say on is in a stable condition after she tried to take her own life. Shes been charged with genocide over the death of protesters in 2019 indigenous activists in brazil waiting for the supreme court to make a crucial ruling and rights to their ancestry lands. Rights group appealed against the states view that indigenous communities can only claim land if they live there or made their claim before the law came into force. 30 years ago. Indigenous people say many of their communities had been expelled decades before the mob. Our people were decimated, we were 1000000, and now we are very few. Many of our People Cant even see who they are anymore. This invasion was huge and this time limit must be removed. We cannot pay with our lives because im in authorities seized more than 1. 2 tons of cocaine from a dissident on group. They say to foreigners, under columbia, and were transporting it on a bald headed towards central america. The group allegedly responsible as an offshoot of the fall could give the organisation forms by those who rejected a piece, deals with the government. Every rains of left several communities in columbia, underwater weathers have swollen flooding, tons and destroying plantations. The rainy seasons already killed dozens of people that damaged thousands of homes that grab a thing where you the houses flooded and water up to your neck. My mother in law also lost everything. Her chickens also drowned. We need the government to help us. Were like a Ghost Town together with them for every time theres a wet season. We have this problem, year after year, until the national government makes a final decision on a dime. We will always continue to have this problem rapidly expanding bush fires, threatening homes and businesses in san bernardino, in the us state of california firefighters. Se wins and making it difficult to contain people living in the area have been advised to leave. The state of new york is revealed that more than 12000 Kona Virus deaths went unreported under former governor andrew cuomo. It brings the number of deaths in the state to more than 55000 the previous records. It excluded those who died of their own homes and other locations. A Landmark Case accusing indonesia as president and top government officials of failing to Car Pollution in jakarta has been delayed for a 7th time. It was filed in july, 2019 against president joker. What dodo . Check out his governor and 7 other officials and those are the headlines. More details is always on the website. Odyssey the Dot Com coming up next. A man who stole the world. I i it was july 1st, 2009. I was living in Hamburg Germany at the time i was in my flat 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 that was not at all what he was expecting. Obviously he looked at his wife and bluer a kiss, and it 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 bill 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. Now was a thing, charges of, of scanning with 460000000. 00 from the F B i for fraud me. My name is phillip James Baker and im the former Managing Partner of a 1000000000. 00 investment funds, the collapse during the financial crisis. My story was a rise 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 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 can be, i agree. But what about the people and 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 was the Hedge Fund farm. Philip baker set up a Hedge Fund that 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. A clients were global investment banks from around the world. Goldman sachs World Bank of canada, of commons, 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 town. Not paying taxes. I was living the Dream Work worried about anything, but in my particular instance, i had something dory, that 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 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 at us, weve got a long Track Record of very impressive return with the they were lying, not only about the returns, but they were lying about the longevity of the fund. 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 them, 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, i, 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 to 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 the united States Government i was sense to 20 years for waterfront still big as 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 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 wants 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 earth, 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, except i thought, 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 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 gold banks made billions by packaging toxic mortgage loans and financial products and sold them all around the world. The american politicians pull the trigger. It all started with the political build off a garage, grand emission of allowing everyone to own a 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 the 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 profits. Politicians of 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. Wall street the setting to a perfect storm. What happens in a boon 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 prime for americans ill afford to pay the bank that they had just applied for the public were given access to 0, low income and even no 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 no information about whether they had any income with any job, any assets. It will allow you to grow enormously because now you can loan in the u. S. Context 2 ends of millions of people at reef have a lot of 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. In these 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 with pianos, the elderly, and the males. That is incredibly important as to why almost everywhere in the world these things are crites. Ah, in, ah, do you talk to loans . Became a Gold Rush for the whole us banking, financial 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, 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. The me. My name is richard. I was senior President And Business chief underwriter for 2nd group. Me at the time City Group was the largest bank 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 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 issuing 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. 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. It was 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 in the borrower, still find them as if they were correct. People who were typically hairdressers gardeners and such reporting incomes of over a 100000. 00 a year. Now their actual incomes would be in the range of about 60000. 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 was almost like it was a perfect product that anybody who touched the 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, 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 a word i will 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 and 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 the News Grading believe and told him not to come back to the bank. Ah. 2 ah, in the financial online be part of the debate or pacific people. The ocean is our identity and the source of well being. We are the ocean when no help take it off the table. Its a shooting site atmosphere. People are demoralized. Theyre exhausted and many Health Care workers are experiencing p, tfc like symptom. Jump into this dream and julian global community. If youre online on youtube right now, you can be part of this conversation as well. This stream announces era. Im the like of us in the south of india and find out call me back in this, steve brought an extensive Mining Operation to a gun, corona virus, west across the world with devastating effects. And its widely believed to be connected to the legal wildlife slave. Here in vietnam, we visit a Rescue Center for some of the worlds most threatened to animals and joined the cauldron, and the global wildlife chase. Rise on Al Jazeera to know where the fires are and where they are going greeks to the skies worrying sign helicopters have been getting close to major towns and cities. This one has just arrested and become much bigger. And if you can see by the, the fires, climbing up the hill just behind us on the ground. This is what the business of fighting fires looks like. Holding back inevitably of mother Natures Fury is dangerous and exhausting. Were down to give whatever we hope is the fire will stop when it runs out of fuel. But for the moment, the fuel is everything inside ah about us and, and how the top stories on odyssey that theres less than a week to go before the deadline. To complete evacuations from afghanistan, but the u. S. Is telling you citizens not to go to the airport because of a security threat. Its urging americans already there to leave. Panic is going among files and so were still trying to get on to flights. Charlotte better says more from couples, we know about 1500 us possible holders remain and cavil were meant to be evacuated. We understand that they starting to 2 out of the why, if you will missions with this in the helicopter to try and retrieve these people and get

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.