we can, we know how to get to places that others cannot. i will just throw the guy by the put, he's on purpose. if i said i'm going, i'm going by the way that you tell the story is what can make a difference. me, i me. 11 o'clock into how the top stories here are now to 0. and the you and commission report says the taliban has priority list of people that wants to arrest enough chemist on those talk is it included, soldiers, police, and intelligence personnel. telephones international spectrum dismissed the report saying the group is focused on restoring order. well, the evacuation is diplomat enough. guns is continuing a couple international airport. the us move 3000 people on thursday night to says about 18000 have been evacuated since the taliban took over from the bride. as in

a couple with the latest. at times the taliban will put in place check boys to try to control the numbers down the airport road. that actually gets to the airport to stop people getting that the taliban is telling people that if they don't have a reason to be that they shouldn't be that they should leave. but still people are trying to get there in the court as well as civilians trying to get to the domestic terminal, which remains closed and the taliban and turning them away. there are also lots of other people trying to use the apple road, who i do have a seat on these evacuation slides or special charter flights that are being laid on . who should be allowed to get through. many, we understand all getting through, but there is a suspicion that the taliban will be looking for high profile targets. in spite of their assurances that there is safe passage for any people who being given special flights or special bees is out of here by the us. military or any of these other military missions and adding to the uncertainty. there's a, a huge amount of misinformation the,

i want to show you some of the doing the doing the rounds on the social media at the moment. this just still permitting, this is supposedly a some sort of permit visa for issued by the u. s. embassy. it doesn't say exactly where the u. s. embassy is, but this is supposedly official, is issued by the us. it's also when daddy the local language that says that the there of this just presented to security checkpoints and also conchella officials to enable them to get onto a u. s. evacuation flight. now we have no idea if this is genuine or not, but words like that at this stage of golden. they are very seductive. so this is, this may well have been a genuine document or something similar that may have been issued to some people. but it has certainly been uploaded onto social media. it has done the rounds. people have been printing this off and we understand a number of people have been presenting that the time trying to get into the terminal. as a large aircraft flies overhead probably could well be one of the transport

aircraft that had been doing a lot of the heavy lifting for the us. blazys king has appointed this mel crop as the new prime minister mocking the return of the long ruling party. he replaces more you didn't yes. in who resigned on monday. yes. and coalition fell apart. a criticism he was handled the career and then instead home order is being imposed on vietnam's which human city for monday, lockdown measures in the capital. hanoi have also been extended by 2 weeks countries seeing a rapid rise in infections and death. it's vaccination rate, it's one of the lowest in asia. a current of our lockdown in australia, the most popular city has been extended until the end of september. the state of new south wales is reported to more than 400 cases a day of the past week. most of them in the operators of southern haiti's only medical austin plant are appealing for help after it was severely damaged. last sunday's earthquake demand for oxygen has sold this month,

driven by the cobra. 1900 pandemic and casualties from the earthquake while the 2000 people. and now nature died in the trema. uganda has suspended the operations of 54 non governmental organizations. the state party that overseas n g o says they want complying with regulations including ban on political involvement. the death toll from an ambush on a military school to convey but keener faster, has risen to at least 80. it's time on groups is struck in less than 2 weeks with africa. so hell region as the regular attacks from groups linked to al qaeda, an eyesore, the world's biggest. com a make. twitter is flashy is global production by 40 percent. makes money is blaming shortage of microchips caused by the current of our search in asia. other automakers are also warning of cut back headlines. more news coming up here on algebra right off the men who stole the world. mm

. ready it was july 1st, 2009. i was living in hamburg, german at the time. i was in my flap with my wife that i had just married. 2 men came to the door and 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 there, 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 blew her case and was pretty sure he would never see her again. that's 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 where he had been criminal charge and entered the united states justice system, which is a really scary place to be was facing charges of ups counting with 400 $60000000.00 from the f b i for fraud me,

my name is phillip james baker and i'm the former managing partner of a $1000000000.00 investment funds, the collapse during the financial crisis. my story is arise and fall to redemption story. i've been rich. i've been on the top and i've been behind bars. and 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 off. because i've 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 for my life. i went to prison. some people would say, well, you know what, you did wrong. it's fair, it's just argument could 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. it was a hedge fund firm. philip baker, set up

a head's fun and 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. 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 off shore towns.

not paying taxes. i was living, the dream weren't 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 that's 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 they'd already lost. they were in their prospectuses and the documents they provided to investors to show investors how well they've 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. we've got a 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 funds. so they were saying they had, i believe, a 14 year 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 cannot do that one, penny not reported properly is wrong. the

victims were everyone who invested with 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 i've been asked why did i break the line? i wanted to protect what i had money, family, power. everybody doesn't, don't they? what do you mean? how many people say no? i don't want the power, i don't want the money and walk away. would you say that you are right?

color printing. if you're interesting, when you see your name, phillip james baker versus the united states of america. it's overwhelming. then you face the assistant us attorney as he's 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 by ultimately completed a plea deal with the united states government. i was sentenced 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 a blister for themselves as going after financial groups, and everyone wants them to do that. any time and time again, the people that they're going after are these little min, they're not going after the big fish are not going after the bankers for the most earth. 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. in

10 years after the financial crisis, how many white collar criminals are behind bars? dreams their golden from credits with is the only banker of wall street to go to jail related crisis to 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 global 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, philosophical, grand emission 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 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 with the pursuit of profit politicians at the pursuit of government interference and economic growth. which could be turned into election victory for years to come. this was the beginning of the housing bubble. when the bubbles expanding everybody as 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 devil's deal between politicians and 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 to deal afford to pay the bank loan 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 know, information about whether they had any income, whether the at 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 how many people out there are there who can't 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 of 4 demographic factors. blacks, latinos, the elderly, and the males. that is incredibly, more as to why, almost everywhere in the world. these things are crimes in ah, 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 i my name is richard. i was senior vice president and business chief

underwriter for 2nd grade. mm. 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 loans 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. i mean, i'm not a shy guy. i cornered people in the hallways at the water fountain and everyone say, yeah, yeah we, we, we know we're, 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 miss representation. that is true. as a matter of fact, it was fraud. i. i've seen

plenty of alone documents with my own eyes that were falsified, and the borrowers still find them as if they were correct. people who were typically hairdressers gardeners and such reporting incomes of over $100000.00 a year. now the 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. didn't want to know because if it looked at these places, it couldn't 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, packaging 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 security 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. the november the 2nd of 2007, sitting at my kitchen table. i put together an e mail 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 it 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 movies. i was looking underneath my car and looking it was very frightening. 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 the news grading believe and told i'm not to come back to the back.

i. 2 me with the telephone has taken control of f. kennesaw on 20 years. also it was supposed from power the country now faces a new reality. how will that impact people fall in the world react day with the latest news and analysis from us going on? now when i think of my nature, i think of potential when i think of potential,

i think would be what is not. i think of young people literally take them to the island and do something that they can be part of. tell me the possible. i think it was a challenge with the child in the country. now. my name is ben. gotcha. so and this is my my, my dear on, i'll do there. ah, how many nukes there's too many new america has in many ways driven the arms race parties are much more like the british parties. there are fewer regulation to own a tiger than there are to own a dog. how can this be happening? we take on us politics and society and that's the bottom line, investigative journalist and government panic. they didn't have the interest. sure thing. they promised results in 5 days. but it's been a year examining. the headline. is this another potential flashpoint for conflicts?

voice is from different corner. every house here has someone who has made it to the top of ever. it's not the one but several time program that has been your i to not punitive view of the world today on algae there. ah . at the clock and the top stories here on out 0 and the un commission report says the taliban has priority list of people. it wants to arrest in afghanistan. those targets. it included soldiers, police, and intelligence personnel, and international spokesman dismiss report saying the group is focused on restoring order. for the evacuation of tip for match enough guns is continuing applicable international airport. us moved 3000 people on thursday night. it says about $800000.00 have been evacuated since the taliban took over.