track record just wasn't true that they had not been trading for 14 years. trading results were falsely reported and hence that was a fraud you can't do that one penny not reported properly is wrong. the victims were everyone who invested with. investors who lost their money initially investors to 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. i've been asked why did i break them on i wanted to protect what i had money family power there but it doesn't. let you me how many people say no i don't want the power i don't want the money.

and walk away. were you says that you are right good of women were this. were. very interesting when you see your name. philip james baker versus the united states of america. it's overwhelming. then you face the assistant u.s. attorney as he's 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 and feel of the moment.

ultimately. completed a plea deal with the united states government. i was sentenced to 20 years. for wire from. the base as a criminal is he the type of financial mastermind that caused 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 drugs and everyone wants them to do that. and yet time and time again the people that they're going after are these little minnows they're not going after the big

fish they're not going after the bankers for the most part they're 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. 10 years after the financial crisis except iceland. how many white collar criminals are behind bars. from credit suisse is the only banker of wall street to go to jail related to the crisis. just a few 1000000 not really big fish not a true. only one big bank top executive name. the number of people convicted of crimes linked to the crisis in the u.s. according to the financial times 324 people from main street. 0 wall

street chief executives have been to prison. even though there is today absolutely no doubt that wall street executives and politicians were complicit in trading the price. 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. the american politicians pulled the trigger. it all started with a political philosophical grand ambitions of allowing everyone to own a home. our government is supporting homeownership.

because it is good for america. it is good for families. it is good for our economy 7. part of the american dream that was pushed by you know also. it's of presidents clinton bush whatever for years was homeownership. authorities kept interest rates very low in order to make money. there used to bore . wall street and politicians had agreed to work together. wall street with the pursuit of profits. the politicians with the pursuit of government interference 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 is aware. everybody is a genius. the lenders bank money the real estate development companies make money the construction workers make money everybody loves a bubble. but this was a devil's deal between politicians and wall street. the setting to a perfect storm. of what happens in a booth is lenders take more and more risk and borrowers take for the race because they both think things are safe and they appear to be. and one of the way they persuade themselves to take more risk is through financial innovations. wall street created the risky loans called subprime to americans. who could you afford to pay the bank loans. that they had just applied for.

the public were given access to 0 low income and even no job. so if you want of the 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 the at any job. at any assets. it will allow you to grow enormously because now you can loan in the us context to

ands of millions of people at rates or. how many people out there are there who can't. get alone. tens of millions of people in the united states tens of millions of people in france and these circumstances. this goes under the general category of predation in the united states the people that were targeted for the worst loans were overwhelmingly a combination for demographic factors blacks latinos the elderly and females that is incredibly and so why almost everywhere in the world these things are crimes.

these talks of loans became a gold rush for the whole u.s. banking and financial industry. all the major actors of wall street want a piece of the song crime part of. goldman sachs. lehman brothers organ stanley merrill lynch their sterns j.p. morgan citigroup and so on. the friends extended itself the loans were sought by the public by falsifying their own financial situation on loan applications. therefore the public and banks were complicit committing bank fraud.

my name is richard on. i was senior vice president and business chief underwriters for citigroup. at the time citi group was the largest bank and. it was my responsibility to make sure that the $90000000000.00 a year that we were purchasing were going to loans that were originally aided by other banks and mortgage companies these map 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 an e-mail i put it in my weekly report i made committee presentations i mean i'm not a shy guy i cornered people in the hallways at the water fountain and everyone say 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 $62.00 in excess of 80 percent it was 80 percent of these mortgages that we were in terms selling. and giving our representations and warranties that they were they met our

policy guidelines did not meet our policy guidelines this is misrepresentation that is true as a matter of fact it was for all. i've seen plenty of alone documents with my own eyes that were falsified and the borrower still signed them as if they were correct. 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 it 6 times. you would have the waiters in a restaurant showing that they made $150000.00

a year i mean that clearly is. it is out of line but nonetheless the loan type permitted them to happen. richard bowen and his staff very carefully very professionally are documenting. that these loans their reps and warranties are false. but city is overwhelmingly turning around in reselling these loans. citi group did not want to know because if it looked at these places it couldn't possibly continue. to use them. it was all about generating the revenue. the people who worked on wall street conceived of the idea of securitizing mortgages. packaging mortgages up into securities they actually

arranged to buy the mortgages they would pack of 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 a mortgage i made money off of it. november the 2nd of 2007 sitting at my kitchen table i put together an e-mail. and i simply e-mailed to robert reuben who the next day on sunday at the board meeting was named chairman of the board. i also sent it to the chief risk officer the chief financial officer in the chain of order. i said urgent read a meeting at work find the interest 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 contacted. throughout november through summer there was no contact no one said the word. 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 books i'm just looking underneath my car and good luck. it was a very frightening time. and you worry the 6th i received there was an e-mail 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 street he believes and told him not to come back to the back. 2 out jazeera well to meet some extraordinary women. who are making things happen that way. following their daily struggle to survive.

for their families to thrive. egypt swimmin street sign as an al-jazeera. the most memorable moments with al-jazeera was when i was on air as hosni mubarak fell with the crowds in tahrir square to alter. isness and. if something happens anywhere in the world al-jazeera is in place we're able to cover news like no other news organizations. were able to do it properly. that is our strength. i've always been fascinated by space but the story of the space race isn't just about the men who risked their lives to travel into the unknown but the ones who held those lives in their how.

grandfather and his colleagues worked on the space suits they design the space suits apollo 11 was his triumph. and the perfectly designed space suits for his legacy putting man on the moon on al-jazeera. i know i maryam namazie and on then a quick look at the headlines now in turkey president party has lost control of the city of istanbul for the 1st time in 25 years the opposition now really won the may oral race when it was initially held in march before the ruling ak party forced a rerun citing electoral irregularities these are the results so far with nearly all the votes counted at crime and along new from the opposition c.h.p.

as it won with 54 percent of the vote but the act party of ben ali older him is that 45 percent. according to the results as of now my competitors not in the race i congratulate him and wish him good luck. a marriage to work with the turkish president in harmony and i aspire to do that i am announcing that in front of all the residents of his temple once the legal process is completed after receiving the mandate and the searing deal fis i would like to visit him as soon as possible to present a road map and opinions and listen to his views our breaking news story this hour saudi state media saying a syrian resident has died after a suspected drone attack on airport in the south of the country yemen's hooghly rebels claimed responsibility for the attack on sunday which injured several others who feel spokesperson says 30 operations have been carried out over the past 48 hours. ethiopia's government says it's foiled an attempted military coup in the

northern state of the military says it's restored control after a renegade general tried to seize power that of the army was shot dead by his own bodyguard trying to prevent the takeover say are a mckernan was killed at his home in the capital addis ababa the leader of the am hurrell was also shot and killed in his office along with his aide the prime minister of a ahmed says he attempted power grab was led by a high ranking general if the o.p.'s head of army intelligence has called for calm . and at least 4 civilians have been killed in syrian government as strikes on the opposition held region of the rescue workers say 2 children are among the dead it live is supposed to be protected by a buffer zone deal but since april has been heavily bombarded by the government and its ally russia will bring you more on all of those stories in the news hour that's coming up at 2100 g.m.t. i will see that of course there is also our web site al jazeera dot com or the latest on our top stories and analysis there as well.

greed was definitely the driver. as it is almost forgotten until. citigroup was not the only one. comparable level of fraudulent mortgage loans have been seen in all the big wall street banks. and knowing the risk of bankruptcy. banks began for a massive amount of money to buy more and more mortgage loans and package them into derivatives. the top honor writer in the peak years of 2005 in 2006 limits dropped. at $106000000000.00. to name then it was one of the largest makers and sellers of the the

absolute most toxic loans in the entire world lehman brothers was one of the largest fraud vectors in the history of the world. my name is am time belugas. i go by the name tony. in new year 2009. 3 months after the lehman bankruptcy i was appointed by the federal court in new york to act as an examiner. i was independent of i me of the party in among the responsibilities of the court charged me and my team which was to determine how and why lehman went into

bankruptcy. and when you're talking about the lehman bankruptcy you are talking about the largest single bankruptcy in the history of financial institutions total amount of the bankruptcy $693000000000.00. so we told the story of what happened. lehman brothers with the 4th largest global investment bank in the world. but by themis c.e.o. dick fuld. hi my name is dick fuld the chairman and chief executive officer of lehman brothers now's a terrific time to be joining lehman brothers i've been here 30 years and i can't think of a better time for you to take part in changes in opportunities that are going to. affect they do you get food what would be the 1st thing that crossed your mind. a

person who was viewed as a lion on wall street i believe that in the year 2008 the very year the bankruptcy was named by forbes as one of the top 10 executives in the country. they call them the gorilla and i think they call them that for a reason he was brusque borish take no prisoners kind of guy you know run through a wall for lehman brothers. hyper competitive. hyper narcissistic. squeeze some of those shorts. squeeze him hard. oh ok. not that i want to hurt him who don't get that please because that's just not who i am who i am soft i'm lovable. but

what i really want to do is i want to reach in ripped out their heart and eat it before they die the man who lost them and brothers the man who presided over its decline and fall a man who could have done something about it but chose not to the man who refused to see the writing on the wall the man who you know. kicked off in many ways which became the great recession. my name is all over buddha and i was an in-house lawyer at lehman brothers for years. i discovered many things that were at least unethical. if not illegal. and eventually i decided to quit. i was earning a lot of money. but it was not enough for me to turn a blind eye to all that was happening in. the tone coming from the

top didn't fuld the guys around him or go for pushing go beyond the limits the key at lehman was to evaluate the risk and the reward and never mind the law that might be in between there if if the reward is high enough and the risk is low enough we will do it and we will sort it out later. this was a culture of risk. and this was all about money. lehman brothers risk analysis program was considered a model on wall street i mean it was brilliantly conceived. the problem was it was simply ignored you have to understand you talk about to pull folks made his fortune at lehman brothers he was a billionaire. so if you say what i think he had a wrong it ask you are you a billionaire if you made a $1000000000.00 trading i you and he had. 2

in the years leading up to the crisis everything the financial health of lehman brothers could not have been better at least on paper. they expanded the use of their toxic the rules. and the ratio of lending. in 2008 humans was massively leveraged. lehman brothers had one of the highest leverage ratios in american financial institutions a leverage ratio is a ratio of your debt to your equity another word for equity is capital it's ratio depending on the exact time was 30 to $40.00 to $1.00 in other words for every

dollar of suppose a capital that had it had $30.00 to $40.00 in debt. lehman became the focus of worldwide attention because they were perceived as the next weakest link they were the next domino to fall. so lehman engaged in a scheme. accounting scheme to make it look better and what they did was involved was called repo one of. this was something that lehman used every quarter to hide some of the borrowed money. you see lehman would borrow money and they would pledge securities that they had as collateral. at the end it was $50000000000.00 each quarter they would borrow $50000000000.00 and they would give $50000000000.00 in collateral. but they would

actually say that this was a sale this was not a pledge for a loan but this was a sale of those assets for $50000000000.00 and they would treat the $50000000000.00 not as debts but as cash that they just got. and by doing that and using that cash to pay down still other jet they could they could materially significantly move that leverage ratio. you know down. then as soon as the quarter was over and they had published their number they would undo that transaction and presto they would. give back the money take back the securities and again be leveraged just as high as they were before they did this only to fool the public and no other reason. the effect of that was in june they were able to show that their leverage had been dropped dramatically. and the street said wow lehman's doing ok. are for strong today

and we will emerge from this cycle he even stronger. we've done it before. and we will do it again so if it's the number yes my opinion they absolutely fudge the numbers they they engaged in a trend even within their own e-mails they referred to it as a drug they were on. a sham an accounting gimmick to make themselves look better so they knew what they were doing so that where i didn't information to the police yes that's my that was the opinion we can reach in the report isn't it against an oh well if you file a misleading statement and you knowingly file a misleading statement and a judge concludes that you have done so or a jury does that is against the law yes there was a basis by which such a claim could be made yes we did indeed against dick fuld the c.e.o.'s yes. but nobody was arrested or charged for that now is there were no arrests there were

no charge there was no jury trial there was no civil case brought which the jury heard the case and then decided the case not all those things took place now. let me start by saying that i have absolutely no recollection whatsoever of hearing anything about we're seeing documents related to repeal 105 transactions while i was the c.e.o. of lehman you think it's possible that deferred didn't know now is the of course of course not. there were senior executives at lehman who were interviewed by mr valukas and others who said that yes he did know that e-mails were sent to him that showed the repo 105 portion of the financials to show the facts of this and then dick fuld answer was well they might have sent me e-mails but i don't know

how to work a computer i don't know how to open an attachment that would have a spreadsheet to show this so i never saw it i was never aware this was historic. wall street misrepresented its financial condition. at the same time millions were spent in bonuses. this was a jackpot. place to make money and the most money was wall street. bonuses reached levels that had never been even approximated in the world. millions of dollars a year it's like the greatest job that you could ever imagine getting without putting any of your own capital with.

its lifestyles. they were willing to take risks to support that lifestyle. there's a great bit of narcissism and antisocial personality disorders and with those they might feel like they have a sense of entitlement or they're above the law or they're too good to get. on wall street these c.e.o.'s they can they pull away and some of them would pull in $100000000.00 a year and dick fuld had several years were. it was $789100000000.00 in one year. he had a 1000000 dollar home in greenwich and that's where he lived most of the time but he also kept a very fancy miles high 1000000 dollar apartment on park avenue and he had another home down in florida also worth $1015000000.00 another place in idaho

a sun valley some sort of a cabin in the woods there but again multimillion dollar property. since 2000 you've taken home more than $480000000.00 that's almost half a $1000000000.00 your company is now bankrupt our economy is in a state of crisis but you've got to keep 480 $1000000.00 i have a very basic question for you is this fair i would say to you the $500.00 number is not accurate and i believe the amount that i took out of the company over to that was. i believe a little bit less than 250000000 still a large number of those still a large number. of the time in fact both numbers were wrong and both numbers were low the true number was 530000000 420022007 dick fuld said you know i only made 3 $110.00 that's over

$200000000.00 that he took off his total under oath i swear to tell the truth the whole truth he did it on television 1 for the world and this stood up. for what. i don't even think i could resist if you gave me the opportunity to make $550000000.00 and all i had to do was hurt $6000000000.00 people i would think about it the temptation is there the real message is we don't care how you did it we don't care where there's real we don't care whether it's honest just do it. because you'll be rich and i'll be rich. in the financial context modern executive compensation didn't just create the most criminogenic environment it created the biggest crimes in financial history and has nothing close. this is

absolutely stunning wall street has seen very very few days like this. you never will have. the house of cards came falling down. lehman brothers 150 year old firm filed for bankruptcy brought down by bad mortgage investments lehman which has $25000.00 employees will be liquidated. someone said you know corporations die of cancer investment banks heart attacks. there was a time when these assets were completely toxic and when they completely toxic anybody owns it as a terrible problem and that's the situation lehman found itself in. people basically ran. to it and the government behind it saw it collapse. the 15th of september 2008. lehman brothers goes

bankrupt. had its biggest drop in a single day since 911. banks began to stop lending money to each other. the collapse of lehman brothers triggered markets around the globe stocks tumbled in india then. the 2008 financial crisis displayed what the world now identifies as financial contagion. there was a worldwide recession you know the value of real estate plummeted people lost their homes you could go through. southwest side of chicago to see foreclosure foreclosure foreclosure home after home after home they were going belly up as a result of that. numerous businesses went out of business.

this is a fraud but if this is not random it's not hoops. everybody got hurt i mean the impact across the world was measured in the trillions of dollars the value of. what was was turning up here in times almost in calculable we've never seen anything like that since 1920. this crisis has changed the world to many long lost stay where. without the crisis breaks it would not have happened and donald trump would not be

president of the united states this is a major turning point you never know what it will be but the thirty's transformed the world. because you brought us the 2nd war it's somewhat sceptical to become john's to do with the great depression. so it changes everything. the leading company executives were ever brought to justice. i lost everything. all the money everything i had. my wife my family connections i lost everything.

i'm just a small fish and. i was brought to justice. they all went free. the system is is what it is. and until the system changes the powerful continue to walk. the you've seen that there were some very large settlements that were made but they never admitted that they did it.

there was no ignition of guilt there was no charge of any criminal activity and i have always represented that those payments were nothing more than payment. so the extortion to the department of justice to seal the evidence to lock up the evidence so the public would never see how widespread and pervasive the fraud was that was committed and i truly believe that. these crimes are so vastly larger than any blue collar crimes it's just off the charts non comparable in terms of these things it's what balzac actually set behind every fortune that you can't explain lies that just a fraud but one a fraud executed so well that it wasn't prosecuted.

we are now in midtown manhattan on park avenue. this is the old this is where lehman was after 911 and this building across the street is where dick fuld the c.e.o. is working today and his new company matrix capital nothing has changed he's in the same business he always was some people may think of him as some sort of. you know guy that was banished forever but now he's just fine. the world collapsed there were trillions of dollars of damage it didn't cost dick fuld a dollar to man put $550000000.00 into his pocket he kept it all and presumably he's probably grown that child quite considerably perhaps he has a 1000000000 by now the stock market has been doing very well since the crisis.

prison was the beginning of the redemption. the judge told me to. do something good with your life. and that's why i'm trying to make a difference by speaking to the public. about my failures and how they can be aware of. what the world is facing. do i think it could happen again do i think that that's i think that's yes and you . the seeds of the next financial crisis have already been planted that they're growing. we can't see them yet but there are plenty of signs all around of of trouble brewing. i think there is no doubt

that. we are going into another crisis of a greater stability than we have just been through. i can't predict what the instruments are going to be i can't predict the specifics but i know it will be driven by greed and misbehavior has no consequence we have shown that. we the public and decision makers. basically haven't learned because we never so much understood the crisis but the bankers have learned the lessons. and the lesson was this is wheat. this is perfect this is a sure thing i will be fabulously wealthy and i will not pay any price for it thank you lord.

hello again it's good to have you back we did see some very heavy rain down here across parts of south western australia all dealing with a cold front that you can see right now that is moving across the bite so perth is getting better temperatures have come down just slightly though but they are drying out but the cold front is going to be making its way towards adelaide in the coming days now the amount of rain that's going to come out of the system is actually going to weaken and it's just going to be cloudy as it makes its way towards adelaide with a temper there on monday of 11 degrees melbourne not looking too bad but sunny at

13 degrees there there's that front pushing through a little bit drier though as a pushes to adelaide we're going to be seeing some clouds across queensland new south wales and victoria but not a lot of rain in those clouds as we go towards tuesday brisbane a little bit cooler for you at 19 degrees well for the north in the south island of new zealand we're going to be seeing some better conditions one storm is now pushing into the pacific and we're going to be left with much clearer skies as we begin the week here so for christ church we're looking at some clear skies at 11 agrees same with auckland maybe some windy conditions there along the coast but as we go towards monday and into tuesday we are looking at some better weather there with temperatures into the low teens and then very quickly for japan tokyo is going to see some very heavy rain here on monday with a temperature of about 20 degrees and sendai at 18 degrees few. capturing a moment in time. snapshots of other lives. other

stories. providing a glimpse into someone else's work. inspiring documentaries from impassioned filmmakers i'm at the front lines i feel like i know it i have the data to prove. witness on al-jazeera. the latest news as it breaks communities may be in disagreement accusing the other for these attacks and the chilling with details coverage thousands of protesters have been stripping away from where to go how but our goal have been dog from around the world that provide what happed a bad the brunt of those sucked up by this is what this is all about. exposing injustice is not an accident it was

a crime this is minute he nation this is propaganda is dissin from a show that is trying to push that agenda holding the perpetrators to account these is meant to be a way to simply peacekeeping force to launch the book complete with undercover investigations and in-depth reports of people in power reveals the use and abuse of power over around the world on al-jazeera. this is al-jazeera. hello i'm maryanne demasi this is the news hour life from london coming up. celebrations in istanbul as the main opposition candidate is elected mayor in a rerun vote cram in a mall to says his win is

a new beginning for turkey. for ethiopian government officials including the country's military chiefs are killed during an attempt to seize power in more than an on a par a state. foreign exchange to iran in talks to use currencies other than the us dollars to trade and ultimately bypass american sanctions. and faith in the unity meet the church leaders standing side by side with protesters in hong kong as they demand democracy. in sport pakistan revive the hopes of reaching the semifinals of the cricket world cup. south africa is a wrong when it. is the biggest blow to turkey's president during his 16 years in power or party has

lost control of the city of istanbul for the 1st time in 25 years the opposition now or anyone that my oral race when it was initially held in march before the ruling ak party forced a rerun citing election irregularities so these are the results so far with nearly all the votes counted. from the opposition c.h.p. as one with 54 percent the ak he's banani older and is at 45 percent. reports now from istanbul. they stumbled changes hands for the 1st time since 1904 the main opposition c.s.p. candidate. has been elected mayor of the city in a controversial run that has polarized the nation the 49 year old was relatively unknown but has managed to win the backing of crucial allies such as the kurdish people's democratic party the s.d.p.

stumble you shared it i'm ready to work with the turkish president in harmony and i aspire to do that i am announcing that in front of all the residents of istanbul once the legal process is completed after receiving the mandate and assuming the office i would like to visit and as soon as possible to present a road map and opinions and listen to his views. lose weight is a major setback for ben ali yielded a former prime minister and a party's candidate for the mayoral election gilder is loss is widely interpreted here as an indication of a party's waning influence. according to the results as a now my competitors in the race i congratulate him and wish him good luck. all marsh 30 of. them were defeated here's why i will buy and i will marginal party contested the outcome claiming that some of the results here weren't ratified by

election officials the higher election boards ordered every election undeterred by the decision it. held multiple rallies reminding his supporters that their victory was stolen by our party. because none of the democracy has won just as has won people care about democracy i congratulate the future president of the country told our papers we increased our gains by having more votes from the party supporters which means there are also disgruntled. the new mayor faces the delicate task of running the country's biggest wealthiest and most populous city. but his supporters already see him as the right person to run against president rise of they have done in the 2023 presidential election although this is a local election it's all to come is likely to shape the future of a party which faces a deepening crisis loyalists and people across the country all agree abdul has

a ruling party has failed to fix our economy in tatters. iraq is the board. so for more nest let's speak to blent he is the director and senior associate of the techie project at the center for strategic and international studies joins us via skype from washington we were hearing was of congratulations from president the winner of this election but do you think he perhaps regrets supporting a rerun of the istanbul rice i'm sure that's all very much the case because if you have not actually press poll or the rerun or the spin claims that he called on except that the result on the 31st of march the damage to him on to his party would have been much worse than we've is now what's the way forward i mean he suffered perhaps not one setback but 2 now how is he going to tackle the economic

difficulties and the challenges that that i suppose led to this result you're absolutely right when it's the the economic downturn. that was behind the victory of the. opposition candidate in the capital on her as well as in a sample. of 3 months that have been pretty much wasted focusing on the on the local elections instead of on the there will be the economic difficulties may have contributed if you were there where much worse results than in the on the west the march or and what you most or don't or do on the spot here is what they have to face their trick in the presidential and parliamentary elections it's going to be if before and a half years does he have enough time to improve his party's prospects. because whether he has any message from him it's worth recording his brothers the police

began when you won the mary mary election if you missed them when 1904 and the spidy held sound well for the 25 years after that and then of course they gained national power in 2002 we worry must be for him and his party is that what was working for may not be working but one has to arsk where are the so many years ready of power you have through the early 20 to transform themselves into a more attractive while walking to an electorate seems to be moving away from them . and as you say the economic recession double digit inflation and the sort of weakening current seen unemployment and all those things certainly contributing to what we've seen in a stumble bot also do you think it reflects a general apathy where arena stis content with the ak party. well it's

almost inevitable that the 70 years i'm not in power and a great success their appeal was the economic improvements in turkey on that now with the it's like air sea salt they are a bit up one via the commie was was there a while and unfortunately they were writing it down when they met one has to add one other factor into the equation in addition to the mess that got with the difficulties that missed out on the mouth race and the continuing economic difficulties you also have major geopolitical concerns and it's interesting to see that a talk about some one of his upcoming meeting with president drum and then at the g 20 summit where you're talking about the the s 400 russian missile. f. 35 u.s. plane crisis. and he wants the focus on those but of course there was a not easy to deal with as well so he has to grapple with the difficult problems at

the same time thank you very much but i know as a director of the tech you project to the strategic and international studies sentiment that in washington. you. what the news out live from london well still ahead. a show of force from the military in the democratic republic of congo as soldiers launch a major operation against. protesters pour in from all corners of the czech republic to help the largest rally since the velvet revolution. and in sport roger federer hits another career landmark as he prepares for his latest shot at the wimbledon title. ethiopia's government says it's foiled an attempted coup in the northern state of. military says it's restored control now after running general tried to seize power

ahead of the military was shot dead trying to prevent the takeover they are holding has more from. ethiopia's army chief of staff general sahara mckown and seen here in august of last year he was shot and killed by his bodyguard inside his home in addison abba the general was in the process of responding to reports of a coup in the northern i'm hard region the message this attack was against the people and the government and all of its armed forces this was also an attack against an entire country everyone in the military and the public has been should strongly oppose this attack and those who are behind this will be brought to justice and i call on everyone including those in the military to cooperate with investigation. it began on saturday night nearly 500 kilometers away in before dark one of ethiopia's 9 autonomous areas witnesses reported hearing gunfire the reagents president had been shot and killed in his office along with his aide this

was the crisis general mckiernan was responding to back in the capital when he was killed prime minister abi admit appeared on television to condemn the attacks and urged calm. one don't want to see as. the people of if you have proved that it's possible to remove dictators with a unified and democratic struggles in past years the people of ethiopia have with a unified voice showed that they will not accept governments that have the attitude of dictatorship like what. he said a high ranking military official general awesome a new sygate was behind the attacks and that he had used what he called mercenaries might despite. himself because. it so happens that the guy who is accused of leaving the cool. he was in prison when i became to power for an island school he was he tried at

them to the 2009 and he was in prison so pardoned him and made him chief of security in the region trust him maybe in his in his loyalty there was an assassination attempt against the prime minister himself exactly a year ago 2 months after he came to power a grenade was thrown into a crowd to a large rally for abby more than 100 people were hurt ethiopians had braced for a government crackdown which had been the norm during previous governments but it never came i think the government in the past surely remarkable limbless. it was an assassination attempt against the prime minister that did not lead to. you know significant. opposition against the be here africa's youngest head of state of the ahmed has brought in sweeping reform.