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shares of mufg, mizuho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we ve seen credit suisse drop another 5% in early trading. on monday, major us banks lost around $90 billion in stock market value, bringing their loss since svb s collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we re nowjoined by greg swenson, who is an international investment banker and founding partner at brigg macadam. good to have you with us. let s pick up good to have you with us. let s pick up on that thought about rate because that progressive increase increase in interest rates has been one of the things cost for the collapse in svb. will the federal reserve be looking at this closely? i think the key word is maybe. goldman sachs came out yesterday suggesting that they would pause and not raise rates at the next meeting, b ....
Sean for some breaking news. we are going to preston crown court now for this sentencing of eleanor wilkinson, after having made unsubstantiated claims of being sex trafficked by an asian gang over many years. bi; trafficked by an asian gang over many yew- trafficked by an asian gang over many years. by way of very broad summary. many years. by way of very broad summary. this many years. by way of very broad summary, this defendant - many years. by way of very broad summary, this defendant made i many years. by way of very broad - summary, this defendant made serious allegations of a sexual nature against a large number of men between the october of 2017 and march 2020. in relation to each of the counts there are a number of ways in which the jury could have convicted the defendant, but each count was divided into paragraphs a and b. paragraph essay in each count represented the making of false allegations. paragraph b in each count represented the fabrication of evidence to suppo ....
From counts six and nine, paragraph i was further particularised. the jury i was further particularised. the jury was directed that they should only convicted of the crown had proved so that they were all sure of at least one of the paragraph essay or one of its particulars, or of paragraph b. thus it is important for me to identify in each count my findings as to what was proved to the criminal standard. at the time of the commission of count one of the defendant was 16 and i7. of the commission of count one of the defendant was 16 and 17. in relation to couch to for she was 18. in relation to the other counts she was either 18 or 18 and i9. 18. in relation to the other counts she was either 18 or 18 and 19. she is now 22, having turned 22 during the course of her trial. on count one to the defendant made an allegation against the young man whom i will refer to as c, who was hosting an informal get together at his house. the defendant became ....
Was a fraud the day i met him, and it was quite easy to pickf out. au well, so you assessed hisy character and his vibe because you met with in person. you also assessed, you know, the the fundamentals of his company. as someone involved in business would. why didn t the regulators do that? where was gary gensler? well, i don t know what gary gensler was, but my regulator at the cftc, i bribed i asked them why in the world are you invoking the commodity exchange act, section five , paragraph b , which says commission will entertain innovation. it also says in that same part of the act that you will protect market under surveillancegraph- and everythin else to protect the consumers that are using those markets. sue marketthey were using that. i want to know, was thereessure pressure put on the agency from politicians or not? and there hearingslitician comie i hope someone has the courage to take on a commissionerto tak to the cftc and others and ask them why they were trying to ....
Now time for the last word with lawrence o donnell. good evening. good evening. we ll be joined by one of the three the washington post reporters, as you know, who broke this story tonight. but before you go, i want to read to you the law on the inspector general. you were discussing this in the last hour as the news was breaking during your hour. i managed to get my hands on the law. it is fascinating. because there is nothing i see in the law that supports the withholding of this inspector general s report. yeah. it says, on receipt of a transmittal form the inspector general under sub paragraph b, so when the inspector general sends this on to the director, the director shall within seven calendar days of such receipt forward such transmittal to the intelligence committees together with any comments the director considers appropriate. it s very clear there, rachel. ....