A us lawyer is convicted over the multi billion dollar onecoin scam. Well get the lowdown from new york, and well find out why an Indian Coffee chain is at the centre of a controversy over facial recogntion. Are you tired of following the same path at work but dont know how to navigate this era of constant change . Well get some useful tips from a leading expert. The launch of a new tesla model didnt exactly go according to plan. The idea was to chuck a rock at its window to demonstrate how tough it was. But it smashed twice today we want to know, whats your most embarassing moment at work . Let us know just use the hashtag bbcworklife. Samanthi and i have a future tell you about samanthi and i have a few to tell you about. Hello and welcome to worklife. We start with the social Media Companies and the controversy over their role in political debate. Critics have accused them of allowing the spread of misinformation and even distorting democracy itself. In response, from today twitter
He was kind to keep his commitment to be with us here today. But he will not be able to talk about the Monetary Policy aspect of his position at the fed in todays session. That said, there is lots he cans ill talk about. Very goodwill have a discussion on the topic of too big to fail. Before that, over bit of background on president kashkari. All fed bios are interesting but his is particularly eclectic. Anbegin his career as Aerospace Engineer in california where he developed technology for nasa Space Science missions. After graduate school, he joined Goldman Sachs in San Francisco where he helped Technology Companies raise capital and pursue strategic transactions. To 2009, a very quiet time in terms of the economic and Monetary Policy environment, of course. He served in several senior positions at the u. S. Department of the treasury. 2000 eight, he was confirmed as assistant secretary of the treasury and oversaw the troubled Assets Relief Program or tarp during the financial crisi
captioning performed by vitac so one of the pushbacks that we will get, theyll say its a little bit of strong man argument. If you take a two trillion dollars bank and you divide it up into 2000 billion banks and they make the same mistakes, has safety been improved and thats a very fair question. If you really had 20,100,000,000,000 banks, each with their own boards of directors, theyre not all going to make identical decisions. The point is still taken. A lot of little banks does not necessarily safer than one giant banks if they all take identical positions. I go back to the savings and loan crisis, a thousand little banks failed in america. It was costly for the country. Was there any risk of a National Economic collapse or Global Economic collapse . No. So if we can encourage diversity of use and opinions i think were going to be better off and thats why our capital standards start at 250 billion and above. Smaller banks end up having the Capital Requirements they have today. So t
The potty on in the philippines. Some political to thank you very much for joining us we begin in nigeria where a french engineer who is kidnapped and all the attention of months ago is due to head back to front sydney aus ahead. Paul says that going on who was seized on the theme is but they lost it. And the above grew and grew our own group called ansar which is a Splinter Group of overall effect. Its a claimed responsibility for the kidnapping of the sixty three almost escape from his abductors bosses gospel pray he then took a taxi to a nearby Police Station for strikeouts george body tells us. These are the first pictures of her home since he escaped into the contest french Engineers Committee hearing captain failed to use kidnapping this time in open mind tear it by thirty amen sixty three year old has enhanced the ansari and ninety are in a radical Islamist Group said it wanted to punch from its conduct a mini tree operations in milk money. And for causing untold banning the wea
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