lupe fiasco's code man of the year in 20061 good evening. i am eliot spitzer and this is "viewpoint" where we drill down on the top stories of the day in search of facts that in form. the results are in ole gop primaries. listen to mitt romney with the call. >> thank you to wisconsin maryland and washington, d.c., we won them all! >> the results brought him a substantial step closer to winning the gop nomination for president. final tallies aren't in yet but based on results romney edging rick santorum by four points in wisconsin, hammering santorum by

18 points in maryland and crushing him by 59 points in the district of columbia where santorum failed to get on the ballot. the associated press 135 for newt gingrich and 51 for ron paul. romney ignored santorum in his victory speech focusing on attacking president obama, attacking the president's economic record with a shout out to a group that has been rejecting his candidacy. >> millions have lost their homes. a record number of americans are now living in poverty. the most vulnerable are the ones that have been hurt the most. 30% of single moms are now living in positivity. >> rick santorum quickly put his losses behind him while looking to the next round of primaries. >> this isn't half time, no marching bands. we're hitting the field. the clock starts tonight.

we've got three weeks to go out here in pennsylvania and win this state and after winning this state, the field looks a little different in may. >> santorum could be competitive in may primaries in states like north carolina, nebraska, arkansas and texas but first he has to make it through april through new york connecticut rivaled all considered i'm romney targets. cantor rum's lead over romney in pennsylvania is down to 6% in the latest poll. the onslought of attack ads await him. david shuster this was according to script, romney moving forward slow deliberate grinding down of rick santorum and to say what we've been saying now week after week

isn't it finally over, is this bad movie finally coming to an end? what do you think? >> according to the santorum campaign it's not over until somebody gets 1,144 delegates to the convention. we're talking about june until mitt romney is able to get there. the big question is does santorum stick around. his big problem is that he hasn't made up enough ground on the football field to bury himself the last three or four weeks. all of these states one after another, which he thought maybe we can win wisconsin can't do that maybe pennsylvania. the polls are tightening there. mitt romney is running state after state now and it's been a while since rick son has had a victory. >> persistence at life until the point of absurdity.

at some point, he's going to have to listen to the leadership of the republican party co lessing around mitt romney saying we've got to refocus on november. to get to the logic and strategy if there is one in rick santorum's mind, let's recap the numbers. this did go pretty much according to the script although the margin in wisconsin is not that big. the polls have been at seven, is that a signal, is there anything positive there for santorum that he's closer to the poll numbers than predicted. >> the message from santorum would be look, you've already heard it tonight and you'll hear it tomorrow, yet again mitt romney outspent us 5-1. mitt romney pumped between mitt romney and his super pac almost $4 million into wisconsin in a state that didn't matter because he's going to get the

nomination. rick santorum cement around $800,000. both candidates are pumping money into the states. it may not be fair that rick santorum is getting spent 4-1 in these states, but mitt romney's done a better job with the super pacs and fundraising than rick santorum has. maybe there is an unusual year because of the resources mitt romney has but a victory is a victory and until santorum puts victories in his column, the drum beats look, at least stop the negative attacks and run a positive campaign from here on out like mike huckabee did in 2008 when he tried to stick around. >> it's one thing to run when you're affirmatively damaging your opponent to run in september. the continuous vicious attack

against mitt romney is doing harm to his capacity to win in november. i think the president is sitting in the white house applauding rick santorum every day his favorite friend for attacking mitt romney and putting out a budget accessible to attack. the poll numbers showing women turning significantly against the republican party over the past couple of months, that i think to a great extent because of the argument being made by rick santorum. >> to a certain extent. the other issue is and you see the pressure not just at the national levels, but members of congress worried about the impact that all these negative ads in state after state, it is depressing turnout. you're seeing record low turnout due to the negative ads rick santorum's and mitt romneys

making the republican party feeling very unenthusiastic about their party. that what may be what causes rick santorum to get out. it's one thing to hear from the money people in washington saying if you want a chance at 2016, you've got to get out. once you hear from the members of congress and candidates up for a tough reelection that we're really worried about the overall brand and what this does and possible control of the u.s. house, then you see rick santorum have a different reaction. >> is there anything in the exit polls that has jumped out at anybody in terms of support? is mitt romney showing he can reach out to the conservative theological piece of the republican party which has been pretty positive for rick santorum, anything mitt romney can use to say look, i can bring these voters with me in november? what do the exit polls tell us? >> they show washington, d.c.

and maryland, we've got a republican electorate that is more socially progressive than other states. wisconsin, you only had 40% of republicans self identified as evangelicals or sort of towards that right wing. in most states, it's been higher. again, mitt romney he's having a difficult time with that particular base. you see consistently as you mention rick santorum but also newt gingrich, they are drawing most of the evangelical voters. most of the republican base that is active in these primaries are not particularly enthusiastic. the more moderate republicans are turning out right now that mitt romney is winning these primaries. to win the general election you have to energize not just moderates, but you have to get your base out. that is the big fear right now in republican circles that perhaps mitt romney is not enthusiastic and not getting his base to be enthusiastic about him. >> at one level the argument

would be they have nowhere else to go, they are not going to swing to the barack obama, if they don't turn out, mitt romney is not going to get the votes he needs. thanks for being with us tonight. >> sure. >> wrapping up tuesday's gop primaries, i'm joined by craig crawford. craig, thanks for being with us. >> let the beef steaks begin. >> i was going to get to that. is it now time to begin the inevitable speculation who is mitt romney going to pick. >> i had to chuckle on my twitter feed governor about when paul ryan started speaking, about a dozen national political reporters simultaneously said something like is this the v.p. tryout? i could tell. i could sense it in their

tweets, they are ready to go on veep stakes. >> what about the fiscal policy, he's having the time of his life in his current job. >> they asked lyndon johnson that when he was senate majority leader. they thought he would never take it. he said boys, when they show you the green valleys of the white house, you don't turn it down. that would be the first time for a republican running mate to come from the house since gold water's running mate, bill miller, who happens to be current's own stephanie miller's father. >> there are two remarkable pieces of data points that are amazing. i'm not sure that the gold water metaphor is one that really knee wants to be hearing right now. i was only five, i got to admit. my recollection is the 1964 didn't turn out so well for the gold water campaign. i'll have to go back to the map

and look at that. mitt romney is getting the delegates, going to be the nominee. he's going to have a load of fun between now and november but the polling data that we see every say say he has lost the center, women and minorities as well. what's the strategy the romney campaign is looking at to reclaim that centrist vote? >> one thing that's going to help him lordy, i'm going to miss them, the gop crazy train is pulling into the station now. all these right wingers have been saying all this wild stuff and making the whole party look like it believed these things including romney. at least that's out of the picture and he can sound more moderate himself, but then he's got these very conservative wisconsin voters. the numbers struck me in the exit poll, the people who said the most important factor for them in voting was to have a true conservative as the

republican nominee. santorum beat him by 50 points. >> this problem among -- you know, still within his party much less independents, this problem is still there for him. >> the best metaphor of the campaign so far is the etch-a-sketch candidate, his own campaign manager said we'll shake the etch-a-sketch and redraw the candidate. the problem he's got is nobody today knows what he stands for. if he redesigns himself to appeal to that moderate vote, overcome the gap he has got with women, he may lose those conservative voters that he needs. you're stuck between a rock and a hard place. how does he do it? what's the strategy. >> it reminds me of the john kerry campaign. we were always bugging them. he won the nomination against -- the democratic nomination against george w. bush's reelection campaign.

he had that locked up. he never did fire up the grassroots ideological base of the party. the kerry people kept telling us it's no problem they hate george w. bush so much, they're going to show up and vote and of course he lost that election. i hear the same thing from the romney camp about their problem with the ideological base. they hate barack obama so much, we're not worried about it. that's why he is just attack attack attack on obama as he did in his speech tonight in wisconsin. of course, the president is game on. they started ads. today, the president actually said the words mitt romney. in the masonic function of politics, that's game on. >> clearly the starting gun has gone off the president's speech today notable for its direct attack on that mitt romney, the romney budget. this is going to be a very different campaign in 2008. this is going to be a down and

dirty ugly campaign, negative. there is no question that is missing, affirm active compassion on either side. there's a whole lot more for bob than i sense on the other side of the i'll for mitt romney, but there's not a whole lot in certain younger voters even for barack obama right now those who were so overwhelmingly passionate about the campaign in 2008. this is not going to be a campaign filled with passion. you started out with the v.p. stakes, who is going to be the one mitt romney looks out at and says gee, i need help with latino voters and women. >> given his character he's going to get his power point out and run numbers and do something safe, like rob portland to get ohio perhaps and maybe paul ryan's on the list. he seems a little young to me and new to the scene. marco rubio is another. >> neither of those is going to help with women. >> i agree.

this is a problem the party has is who are the women on the national stage of the republican party? mccain had this problem. they decided they wanted a woman, it was a short list, particularly if you have to get someone who is not pro choice. >> craig, quick answer here. >> i'd go for olympia snow. >> i've got an even crazier one. maybe you think sarah palin coming back. she's been tested. how crazy is that? >> or mike huckabee. i'll top you another crazy one. >> all right. craig crawford, politics blogger on craigcrawford.com many thanks. this story keeps on going. this is a bad sequel to a bad movie. next up, from the primary to the general election. we'll talk to vice president al gore.

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president obama opening statement and he comes out swinging. special treat. vice president gore joining us next. and as i understand it in radio they can't see you, so this is big for me. >>tv and radio talk show host stephanie miller rounds out

current's new morning news block. >>it's completely inappropriate for television. >>sharp tongue, quick wit and about all, politically direct. >>politically direct to me means no bs, the real thing, cutting through the clutter. my show is the most important show in the world. the newest voice in cable news is on the new news network. >>it is an independent progressive voice and i love that. >>jennifer granholm joins current tv. a former two term governor. >>people like somebody who's got a spine. >>determined to find solutions... >>we need government to ensure that people have freedom. >>driven to find the truth... >>what's really going on? >>fearless, independent and above all, politically direct. today the battle began as president obama became

campaigner and chief. take a listen. >> now the proponents of this budget will tell us we have to take -- make all of these cuts because our deficit is so large. that might have a shred of credible were it not for their proposal to trend is $4.6 trillion over the next ten decades. it is a trojan horse. an attempt to impose a radical vision on our country. thinly veiled darwinism. >> then the president turned to what is the most contentious domestic issue on the agenda, health care. >> there is a reason why there's a little bit of confusion in the republican primary about health care and the individual mandate since it originated as a conservative idea to preserve

the private marketplace in health care, while still assuring that everybody got coverage in contrast to a single payer plan. now suddenly this is some socialist overreach. >> joining me now is former vice president of the united states and i will tell you his most agust title chairman of current tv al gore. sir a pleasure to have you on the program tonight. >> thank you, eliot. and welcome. and we appreciate your continued loyalty. we are determined to live up to our mandate to be independent, fresh, hard-hitting political direct, and eliot you are right in that tradition and welcome. >> thank you, sir.

i'm doing my best. and i just respect so much all that you have done in the different positions that you have had. >> thank you. >> looking at the president's speech today, is this the template for the campaign we're going to see between now and november. is this the argument he is going to make almost a new-found populism his vision of america versus what paul ryan laid out in the budget that was passed just a few days ago. >> i'm sure it will be a part of his standard attack in the campaign because it represents the reality of what the republicans and the congress have been doing. i'm sure that he will make a lot of other important points as well but this budget that governor romney endorsed and called marvellous is a fraud. the economist paul krugman is

among many who have added up the numbers and pointed out it is entirely fraudulent. it expands the deficit, and the national debt while at the same time ripping apart important parts of the social safety net, and giving more unjustified tax breaks to the very wealthiest in our society. >> i hate to just parrot what you are saying but it is just appalling when you look at that ryan budget tax cuts for the very wealthy. restored money to the military. a wrenching tear in the social safety net. it's an entirely different vision, and you wonder why after 2011 where paul ryan proposed the same budget last year they are going forward over the same cliff. i'm not sure as a political matter it will succeed.

i would be curious about your sense about whether paul ryan can market this to the american public? >> i rather doubt that he is going to be able to. there will be loud voices on the right wing trying to give them help, and saying up is down and white is black, but actually the numbers speak for themselves and what you said about the social safety net is certainly true. it really raises the fundamental question about who we are as americans, and what we feel is our fundamental obligation to one another. do people have a right to expect common standards of decency if somebody shows up at the emergency room? justice scalia for example, on the supreme court said that we ought to revisit the question of whether or not somebody who shows up at the emergency room should be given medical care if

they don't have private health insurance. well that's just a violation -- that proposal would be a violation of the fundamental values that most of us as americans hold dear. >> you are so right. and obviously that raises the very real issue and tension between the white house and the supreme court that is emerging. and one wonders whether that attention will become part of the political discourse between now and november if though supreme court overturns the bill, will the president go after the supreme court and say we are seeing a supreme court that is ripping apart the social fabric of this nation. you were so respectful to the court, will the supreme court and has the supreme court injected itself into the politics of this november? >> well i think there is certainly in deng danger of

doing that. we are a nation of laws. that's the bedrock of -- on which our constitution rests, and i have always encouraged respect for the supreme court because under our constitution it interprets the laws, but the court is at grave risk of unmining the respect that all of us should have for the supreme court when they speak from the bench cracking jokes and speaking about laws under their consideration without knowledge of what they are referring to. for example, justice scalia again went for laughs in criticizing a provision that was once proposed during the debate on the healthcare bill referred to as the corn husker kickback. it was never put into the bill. it wasn't even a part of the bill, and the justice spoke of

it as if it was a part of the law that was being considered by the court. well, that is really shocking to me. and then to go into political speculation about the prospects for getting 60 votes in the senate to make changes to the law, that -- that pushes the court into the partisan political arena, where it should not be. and if the court decides to go down that road i fear that they really would be putting at risk the image of the supreme court and its role that -- that all of us should hold up as a matter of respect for the rule of law, even if we disagree with their decisions. >> that is so correct. and what they are doing is putting themselves in the same position that the supreme court did almost 70 years ago, when it

tried to stand in the way of the new deal and of course that effort on their part failed as they finally came around and understood what the federal government was about to do and what needed to do to s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s

we're back with former vice president and now my boss al gore. thanks for sticking around. >> of course. >> i want to talk about the war against women and the war against science. the republican party is trying to become the party of the 1800s in his world view. what are we missing here? and why are they doing this? >> it's a puzzle to me eliot because the question to whether women and men should have access to contraception used to be

controversial decades ago, but i has been pretty much settled for at least 30 years, and i don't understand why they have brought that back up. mainly it was one of governor romney's opponents who brought it up, but he refused to address it. at least that's the impression i got when he was asked, and some of the other questions they brought up are really unusual, and you see the results in the polling that now measures a very sharp drop in the superport among women, including among republican women. and where the war on signs is concerned, i don't even know where you want me to start there. but you can guess they'll start with global warming. >> yes, sir, please do. >> it was 87 degrees here in nashville yesterday, 84 today. in michigan minnesota, new hampshire, the month of march, the daily low temperatures if in

cases were higher than the previous all-time high temperatures. and of course one month doesn't make pattern, but the last 20 30 years do. we have seen record-hot years one right after another. and we see these catastrophic extreme weather events more than ten climate-related disasters in our country last year that cost more more than a billion dollars each. and they are on the news practically every night. and people are really asking the question, wait a minute are the scientists right? ever national academy of signs on this planet says yes. every scientific society, 97 to 98% of all of the climate scientists are most accurately publishing. so is some right wing group

going to be their authority against the very powerful evidence from mother nature? i just think they are swimming against the tide here. >> they are swimming against the tide, but of course the great concern is by putting themselves in a blocking position preventing the united states from providing a leadership role they are stopping the international types of actives that need to be taken, and we could get to that tipping point where it's almost impossible to stop a process that is right now endangering us but there are some easy reasonable things that could be done that would be very effective. >> yeah. sure, and those companies that are taking leadership roles are making money in reducing pollution. as to why they are doing it, i don't think it is so complicated. they get so much campaign cash from the large carbon polluters they are beholding to them.

we are putting 90 million tons up there every day, 20% will still be there 20,000 years from now. but these polluters want to continue to use our atmosphere as abopen sewer so they can freely dump all of this pollution on the heads of the rest of us and the future of this country and other countries, and not make any responsibility for it. and these candidates who are in their hip pocket because of all of the campaign support and lobbying and all of that they are just doing what they are ordered to do. they are dancing to the tune that the piper is playing. >> look, mr. vice president, clearly you and i agree not only on this issue, but on so many others, but what is emerging to me is that the next generation those below the age of 40 look at these issues through the prism that you and i do and

rick santorum is leading the republican party and mitt romney is following right behind him so that long-term they simply will not be speaking the same language of the next generation and it's really folks who view the world in a different way. sorry for that monologue to end this mr. vice president. we want to thank you so much for your time tonight. thank you, sir, for your service to this nation in so many different ways. >> thank you, again, eliot, and again i want to thank the current viewers for their continued loyalty and support. >> thank you, sir. next up we'llllllllllllllllllllllllllllllllllllllllllllllllllllllllll

♪ >> they still don't get it. wall street bankers and ceos

saying why don't people like us? here to help us understand and maybe help them understand former -- i should say former -- i should say "money and power: how goldman sachs came to rule the world," and full disclosure, a person friend, william cohan, bill, thanks for coming. >> great to be back here with you. >> just last week congress passed this bill this is like fraudulent bill. how long is this thing? >> it's right out of george oreswell. it allows companies with under a billion dollars in revenue to basically side step all of the

securities. >> so -- wait -- i want to make sure i'm getting this right. the crisis was in '08. the economy still hasn't come back. we have poured trillions of dollars into the coffers of the banks, and now they have bought the congress to repeal the very few provisions that were put in place to protect the economy? >> and to protect investors. >> at what point do you give up and say, congress -- can we indict the entire congress and say you are as an entire organization corrupt? >> congress approval rating has never been lower. and for good reason. you have by partisan support for something called a job's act? >> look you know the ceos and i say this with serious deference, you have written about wall street and the most sophisticated books, you were an

investment banker do the ceos really not intellectually understand what contributed to the cataclysm of '08? >> you have got two sets of ceos. those that are no longer there because the firms they were ahead of are no longer in existence. those ceos are off on the beach somewhere. those guys are not even in the picture anymore. then you have the ceos who are still there, they actually believe that their companies did the right thing, and they lead their companies properly through this crisis. >> let me interrupt you, though. goldman sachs which i think it's fair would not have made it. the fact of the matter is they would have gone bust -- >> morgan stanley was next when they became a bank holding

company -- >> goldman sachs became a bank-holding company overnight. why? so they could get a federal guarantee of all of their debt. >> so they could get access to the federal window. the problem these banks were funding themselves in the short-term market and then pledging long-term assets to do so. >> who was standing behind them? >> the feds. >> who is the feds? >> we are. the american people is now funding the balance sheets. >> this technical shift when goldman became a bank holding company and had access to the fed window so when they pay themselves $12 million in bonuses, that was our money. >> i think it's safe to say they wouldn't be in business without our help. >> and they did get $12.9 billion in one check.

i want to add you wrote this spectacular article about why the sec -- or asking questions why is the sec still not giving you the documents you tried to get. >> right. >> what are they hiding? >> i don't know. but every time i have asked the federal government and the agencies in the federal development, whether it's the fed, state department the sec, so give me documents about these banks that i'm writing about, what do i get? nothing, eliot, zero. and then after the books come out, i get a disk or this or that. i got a disk from the fed about government -- >> okay. there's an answer, though. i'm going to apply to become a bank holding company. clearly that's the way to live. >> you don't have to reveal anything about yourself. >> all right. we'll do that by tomorrow night you and i will be a bank holding

company.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y.y. ah, claim trouble. [ dennis ] you should just switch to allstate, and get their new claim satisfaction guarantee. hey, he's right man. [ dennis ] only allstate puts their money where their mouth is. yup. [ dennis ] claim service so good, it's guaranteed. [ foreman ] so i can always count on them. unlike randy over there. that's one dumb dude. ♪ ♪ the new claim satisfaction guarantee. dollar for dollar, nobody protects you like allstate. attack on women that perhaps the majority of the population woke up? >> idaho is not known as approaching act i.v. you had hundreds of women show

up, thousands signed petitions. they made their voices heard. what happens is that now, the legislators are running scared. very similar laws have passed quietly in other states for the past 10 years, really in the past two years have intensified. pennsylvania a similar law was shelved, idaho this proved to be political poison. women are paying attention and having their voices heard. >> thanks for coming in. >> the aclu considers a demand that to get a job you have to let an employer open your private mail, the senate wants to make it illegal to hand over a password to your facebook account.

still to come the prodigal son departs. and let's check in with governor jennifer grandholm in "the war room." i'm sure you have your eyes in wisconsin tonight, jennifer what is coming up? >> the polls closing at the top of the hour, so we'll be following that. i expect there won't be a big surprise. but we'll let everybody know what happens there. we're going to continue the conversation with al gore but we'll go inside the war room with the press secretary. it is a heyday for democrats. and van jones is going to join us to talk stregy and green jobs and all of that. so stay tuned. >> i did an event in washington

west tuesday night with van jones. what a powerful voice he is. how did you get him on i think its brilliant. >>current tv welcomes two new hosts. news and analysis with a washington perspective from an emmy winning insider. >>i know this stuff and i love it and i try to bring that to the show. >>and humor and politics with a west coast edge. >>politically direct means no bs, cutting through the clutter. >>bill press and stephanie miller, current's new morning news block. weekdays six to noon. it takes people with real knowledge to build and maintain a race car. polymers, hydo-carbons, thermal plastics, math and science? you bet it is. many kids don't understand how important these subjects can be that's why time warner cable developed connect a million minds. to introduce kids in our

communities to the opportunities that inspire them to develop these important skills. how can my car go faster? maybe your child will figure it out. find out more at connectamillionminds.com here is my view. the president should have vetoed the miss named jobs bill that was named by congress last week. it repeals the few remedial measures put in place to eliminate the most egregious proud tos from the marketplace. wall street wants us to believe, one, you can trust us and two, we can regulate ourselves. let me tell you a story bark when i was attorney general we were about to bring a huge fraud

case against merrill lynch. and they said eliot you are night, but we're not as bad as our competitors. and they thought that was a defense. so we put in place some measures to make sure they couldn't lie to the public the same way they had been. you know what this bill does? this bill repeals those measures. it's wrong. it's not fair. if there is no integrity in the marketplace, the middle class will not invest. that will be bad for the economy, bad for jobs bad for all of us. you know what the marketplace needs rules. it needs enforcement, and when wall street can dictate what those rules are or are not, bad things happen. how quickly can we forget the cataclysm of nearly four years ago, 2008. greg smith recently resigned from goldman sachs a senior executive and wrote a scathing op-ed?

which he said it was a toxic environment. an environment where they, willing to lie to their customers simply to take a few bucks. and despite that congress passed a horrendous wanna know the difference between a trader and an elite trader? it's this... the etrade pro platform. finds top performing stocks -- in three clicks. quickly scans the market for new trading ideas. got it? get it. good. introducing new etrade pro elite.

is a father sacrificing his son to save his company. the latest fallout in the murdoch hacking scandal the son of rupert murdoch steps down. damage com comes week after murdoch stepped down just months ago. he released a written statement saying and i quote vrm :

the timing is likely not coincidence, the fbi, examining the likelihood that phone hacking happened here in the united states, also in the coming weeks of powerful british parl men try committee will put out a detailed report on the scandal. joining me now american correspondent for "the guardian, " ed pilkington. first the timing of this suggests that james murdoch knows something about what is going to be in that report. how do you understand the timing and what do you think is going to be in the report? >> the pressure is starting to really pile up on the company in this corporation. on both sides there is a lot of trouble over the corruption act. and in the uk we have already had coming up to something like

45 arrests charges are bound to follow soon, and once that starts we're going to be seeing trial after trial. it will be very bloody instead. >> i want to take a part a couple of statements you made. 45 arrests in britain. how far up in the corporate hierarchy does this go? has james insulated himself by resigning and fleeing his homeland of britain and coming to the united states? >> right. of course the big question in all of this will we reach rupert murdoch. his son is one step beneath him. and we have some very very senior people in murdoch's empire in the uk have been arrested. and this is so close to the murdoch family as to almost touch them. >> there was an email chain that laid out for james murdoch the extent of the hacking scandal.

and james defense was, gee, i didn't read all the way to the bottom of the email. >> the first time he said he was never shown the email. and then he people who gave him the email said he wasn't telling the truth. he then said he didn't read down to the bottom of the email. >> and next time he is going to say it's invisible ink. how much credible does he have left? >> essentially almost none. bare in mind the murdoches think only of television. the whole phone hacking scandal has been about establish newspapers. it is all about television. when he is forced to step down from the biggest tv company in europe, this is serious. >> you mentioned up to 45 arrests at this point. how many bribes paid? how many phones hacked? and remember when it first

broke, they said one rogue reporter. >> the company has one rogue reporter and stuck to that story until they were forced to give that story up. we have not got up to 6.5 thousand people who have had their phone tapped. >> and bribes being paid to whom? >> bribes paid to police officers paid to military defense officials, at very senior levels within those two institutions. >> and the magnitude of the payments? how much money is involved? >> we think relatively small. thousand dollars here or there. but mounting up to hundreds of thousands of dollars. >> so from an accounting point of view -- under the fca, this is material not only with materiality being the legal standard here, not only in terms of the dollar amounts involved but also the credibility and integrity of the company.

>> right, one, did they actually carry out bribery? these are employs of news corporation in the uk two, did they cook the financial books? >> i want to jump halfway around the world very very quickly, a news -- news out of australia last week that there was hacking there as well. am i correct? >> yes. it has been a scandal boiling up over the smart cards used in cable tv. and there was [ inaudible ] going on in australia -- >> in the murdoch empire. >> yes. >> and if you begin to show a global reach of the scandal becomes that much more relevant. did it happen here? >> yes. bare in mind the scale of the fca has reached $800 million. people have been put in prison for 15 years and this is really serious stuff. >> i want to thank you for joining us. i want to add as a