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tv   Charlie Rose The Week  PBS  September 23, 2016 11:30pm-12:01am PDT

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>> welcome to "charlie rose: the week." charlie is traveling. i'm jeff galore of cbs news. wells fargo, scandal and new calls for accountability. strong words from egypt's president. and bono celebrate 40 years with u2 and a decade of philanthropy. >> you could get these two pills, if you have hih-aids in new york or dublin, but it was a kathy sentence, an accident of latitude and longitude. >> rose: geography >> geography. where you live should not decide whether you live. that was our tattoo. >> we will have that story and more on what happened and what might happen. >> rose: funding for "charlie rose" has been provided by:
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>> and by bloomberg, a provider of multimedia news and information services worldwide. captioning sponsored by rose communications >> it's a forever thing. >> rose: what's the object lesson here? >> justice, not charity. >> tell me the significance of the moment. >> this was the week charlotte, north carolina, was placed under a state of emergency after unrest following ago police shooting of a black man. world leaders gathered in new york for the opening of the united nations general assembly. and facebook founder mark zuckerberg and his wife pledged $3 billion to fight diseases worldwide. here are the the sights and sound of the past seven days. >> investigators are looking for possible links to international militant after a series of domestic attacks. >> rose: more devices found after multiple attacks. >> as governor of new york, this is my worst nightmare. this is the nightmare scenario.
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>> city officials calling for calm after the fatal police shooting of a black man >> this is not a good scene here. >> protesters clash with police in charlotte. >> he is armed with a handed gun. because of that at least one of our officers fired. >> hay said, "hands up. he got a gun. he got a gun. pow, pow, pow." >> we have two more names to add to a list of african american killed by police officers. it's unbearable, and it needs to become intolerable. >> in particular, in tulsa, this young officer, i don't know what she was thinking. i don't know what she was thinking. >> the president used his final address to the united nations general assembly to take some not-so-subtle shots at donald trump. >> a nation ringed by walls would only imprison itself. >> zucker berk took to his facebook page to share his next nichive. >> we are proud to work with you to share ciewrlg, preventing and
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managing all diseases. >> the secret service is looking into whether hackers accessed the private passport information of michelle barack obama. >> we take any report of a cyber breach seriously. >> at least half a billion yahoo accounts were hacked ♪ i want bourbon i want scotch ♪ >> bill murray was in brooklyn trying his hand at a different profession ♪ cars >> a race official had had to dodge oncoming cars. >> race officials said it was safe to go on there, but obviously not. >> in devastating news. >> brangelina, it's all over. >> said sade one observer ♪ so no one told you life was gonna be this way ♪ ♪ your job's a joke, you're broke, jur love life's d.o.a.♪ >> the nation's second largest bank was the focus of a
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blistering senate hearing this week. investigators say wldz fargo employees opened millions of cred lines and new accounts and moved money from existing ones without customers' consent. the bank fired more than 5,000 employees. but some on capitol hill asked why no one in upper management was being punished. >> so you haven't resigned. you haven't returned a single nickel of your personal earnings. you haven't fired a single senior executive. instead, evidently, your definition of "accountable "is to push the blame to your low-level employees who don't have the money for a fancy p.r. firm to defends themselves. it's gutless leadership. >> sheila bair ran the federal deposit insurance corporation during the financial crisis. she joins us from washington college in maryland where she is president. thank you for joining us. let me start with this. when you saw all of this, how surprised were you? >> i was surprised.
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i mean, i've always viewed wells fargo as a pretty well-managed, tightly run bank. so this could have happened that it went on as long as it did was very sprieding. >> let me ask you about that. because wells fargo did emerge from the great recession cleaner than other banks did. >> they did, yeah. >> what was it they were-- they were perceived to be doing right back then before all of this came to light? >> well, i think they stuck to more traditional mortgage lending standards. they stuck to knitting, if you will. ironically this was part of their traditional business but done in a way which was really quite problematic, which, again, was surprising given their reputation for knowing how to serve customers, run a large retail operation. for this kind of thing to happen was surprising. >> that said, this put pressure on employees, the cross-selling, that is, getting existing customers to sign up for new accounts. >> right, yeah.
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what's astonishing to me, though, is the way they set goals. it seemed to be based on number of accounts, number of products, and not looking behind it to see if the the customer was using it, whether it was profitable, how long they stayed open. the goal of to serve customers and become profitable by good service to customers, not game the system. that's what was so surprising here. they set goals that were not well thought ow and they didn't properly monitor it. >> i suspect there are a lot of wells fargo customers this week or past weeks that have gone back and looked at statements. >> they should. they should probably be calling their wells fargo rep to be sure there's no issue here. the regulators have been on this now. wells fargo was required to hire a third-party term to do a deep dive to identify all these phantom accounts, if you will. the real damage here is the to the reputation of the bank and shareholder value. you mentioned wldz fargo system
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second largest bank. it used to be the largest bank until this happened. their share prices have taken quite a hit. the true victims were the banks and the owners and their once good reputation which one hopes they can restore. but that's probably the victim as much as anything here, is the reputation of the bank. and that's really sad, i think, because, again, this seems like it shouldn't have happened. >> is it that not come from the top down? >> well, i don't know. you know, i think-- look, wells fargo has always been known, they are a relentless profit-making machine, and that may be fine if you're doing it in a way that's providing good value to your customers. if you're doing it in a way that's creating relentless pressure on people to make money or appear to be making money at any cost, that's not so good. >> it would seem the fed is not going to get involved in this particular issue, beyond what investigators have done so far, and what senators are encouraging people to do right
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now. so, i mean, what does come next? >> i believe, you know, there may be some department of justice interest. there may be some state-level interest. there is a potential for litigation. there's always this kind of piling on effect when you have a big headline grabber like this. and i think an important question is, is this a systemic problem throughout the banking industry, or was it this a particular problem at wells fargo? i mean, this was just illegal. this was fraud. this was already prohibited. this was prohibited before dodd-frank and new regulations on all banks is probably not well advised unless there is more evidence that this was a systemic problem. >> president cece has ruled egypt since leading the coup that toppled mohammed morsi. he has come under increasing fire for cracking down on dissent. caught up in that is an egyptian
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american human rights worker. she and her husband have been detained by the government for more than two years. charlie rose sat down with president cece when he arrived in new york for the u.n. general assembly this week. >> rose: we watched president mubarak leave. president morsi overthrown. you have taken command and elected president. there are those who worry that if egypt doesn't checkyou might face the same kind of revolution that came about with the arab spring. can do you worry about that? >> ( translated ): now there is a constitution. there is a state with institutions, and now there is an egyptian president who cannot stay in office any other day more than his tenure. >> rose: many people are saying that the united states has-- will have to reconsider its relationship with egypt if there is not a dramatic improvement in your human rights record, that there are non-governmental organizations that are being seized, that
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journalists are in jail, that there is a crackdown on human rights, and it's offensive to the united states government because it goes to the heart of american values, and they believe in some cases you are doing it and using security and the threat of terrorism as an excuse to solidify your power, and that it approaches authoritarianism. >> ( translated ): no president will be able to set one more day in his chair beyond the tenure because the constitution will not allow him, neither will the egyptian people. this is one thing. the other thing is that we are trying to strike a balance between stability and security because this country cannot be violently shaken because if it is violently shaken, there will be a lot of consequenceon the
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country and on region. >> rose: but that's not the cause. those people who are human right advocates are not the cause of the security threat. i mean, i want to raise the race of american citizen, been in jail in egypt with her husband for two years. she ran a nonprofit to help people. that's a concern to the united states. you know about that case. she's not a threat to egypt's security. she's not a terrorist. >> ( translated ): we address any issue in egypt within the legal framework of the laws applicable in our country. this is very significant, very much committed. if you want to make our judiciary system table and strong, we have to all obey the legal framework of the laws applicable in our country. >> rose: you say you respect the rule of law, and you say, "we want to do this with parliament."
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but it's causing-- it's acknowledge-- it's damaging to the image of egypt. >> ( translated ): we're talking about an extremist faction. we're talking about factors that want to destabilize countries. we need to be very sensitive when we deal with all of this, while being committed to the human rights. but at the end of the day, we need a country that is stabilized. otherwise, there will be many, many violations of human rights if this country is not stable. >> 41 years ago this week, the socialite and heiress patti hurst was arrested for armed robbery in san francisco.
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now jeffrey toobin has chronicled her story in a new book, "american heiress: the wild saga of kidnapping, crimess and trials of patti hurts." >> this is the book i have written between the border of journalism and history. port natalie, most of the people were still alive 40 years later. but it was enough in the past that it really felt like another time that i was writing about, not current events. and that was fun for me. i had never done that before. >> rose: in the patti hurst case, first, who was accessible and not accessible? >> most prominently patti hurst was not accessible. >> rose: didn't want to talk. it. >> she does not want to talk about it, which i understand. she is in her early 60s. unfortunately, bernie shaw, her former body guard, whom she married, died in 2013. she's a widow. she's a grandmother. she's very involved in raising show dogs. >> rose: champion show dogs.
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>> champion. in fact, rocket, her winning dog's photograph is in the book. i'm all over this, charlie. and she's sort of moved on. the remarkable-- one of the many remarkable things about this story is that she has led the life that she was destined for anyway. un, and that does mott include talking about her life as tanya. the other part of it, which is a little more, you know, i think has a little more edge-- at least from my perspective-- is she has given many enterviews over the years, almost exclusively to people who don't know a lot about the facts of the case. i know a lot of the about the facts of the case, and there are parts of the story that do not reflect well on her, and i don't think she wants to talk about it. >> rose: like what part? >> mel's sporting goods. mel's sporting goods on-- just to shorten the story-- she's kidnapped in february of '74. they rob the bank in april of '74. may 16, 19 store, a month after
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the bank robbery, they flee to los angeles. there are nine of them, eight s.l.a. member members and patri. three go shopping. they go to a place called mel's sporting goods. bill harris-- no genius, at least when it comes to this-- decides to shoplift. pait tricia is across the street in the van alone-- keep in mind, she's alone in the van, key in the ignition, she could walk away. she could do whatever she wanted. she could go home, she could go to the police, but she waits in the van. bill harris gets tackled on the sidewalk for shop living. so what does patti do across street? does she run away? ask does she wait and see what happens? no, she picks up a machine gun and fires a fusillade of bullets across the street to try to free bill harris. she thinks about it for a while. picks up another gun, fires more
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weapons. miraculously, not hitting anyone, but succeeding in getting bill and emily harris back into the van. that is not the act, in my opinion, of someone who is a terrorized victim. that is the act of a coconspirator. >> rose: so how did she become that is the question? >> that's what the book is about, and that is really the core of the mystery that is the patti hertz story. >> professional tennis has a new old superstar. 31-year-old stan welrinka took top honors at the u.s. open with a comeback victory over the men's defending champion, novak joke witch. roger federer, ravel nadal, andy murray, and djokovic.
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>> rose: explain this to me. you did not even play in a grand slam until you were, what, 28? >> i didn't make the semifinal. >> rose: until you were 28? >> yes. >> rose: and now you're 31? >> yes. >> rose: and you've won three of the hour. >> it's crazy what's happened, but it's crazy for me. it took me time to be at my best game, and since three years now, i have the confidence every time i step on the court. it doesn't matter who is in front of me. i can beat him. >> rose: you were not intimidated by him even though you beat him before, you were not intimed when you walked on the court and lost the first set. >> no, i was ready for the fight. i was ready for a long match. i knew i was in the grand slam. you have two of three sets so it's always tough to go there, but i was playing well all the tournament. i knew i was feeling really well before the the final. and i was ready to find a way to win it. >> rose: can you beat number
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one? >> no, i'm not consistent enough. if you look, novak is making final or winning every tournament that he's playing. i can play amazing. i can win one slam. but i'm not playing well enough during year. >> rose: how do you get up for break point? you treat them differently. >> to save them. >> rose: okay, your break point. let's start there first. if the break point-- if you're taking-- receiving serve and it's a break point. do you say to yourself, "if he puts it here, i'm going for it, a winner?" >> depends on match. but sometimes, yeah, you tell yourself, "okay, my plan is to get to that point of the rally. that's when i can really crush the ball." so, yeah, it can happen. >> rose: and what if it's a break point against you? >> the same.
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i'm trying to be even more tougher with myself, not to give a ball, to make him win the point. if he plays better than you, if you make a winner, okay. that's okay. but trying not to give free point. >> rose: you get the sense that you could feel it coming together. the game of sharper. serves were better. the second serves were-- all of that. you can feel it. >> i feel it curing during tournaments, yeah, during a match. sp that's what happened again at the u.s. open. all the pieces of the puzzle are together, then i know that i can-- i can win the tumor. tournament. ♪ ♪ >> this week marks the 40th anniversary of the founding of the legendary rock band u2. bono, the band's front man, is also known for his philanthropic
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work around the globe. earlier this week, his advocacy group red maded a $100 million donation to fight aids, tuberculosis, and malaria. charlie rose caught up with bono in new york on sunday. >> rose: let me talk about what's happened to you recently. >> we were in paris at the night of the bat clan. we were rehearsing a mile away when all that went off. we went back, though, two weeks later, and the band that had been through the ordeal, we brought them on stage at the end of our show. ♪ people have the power and that was a big, big moment. and, you know, there's a thing about these groups, you know these terrorist groups, they love the phenomenon of the gray zone, you know, which is where people get on-- christians, muslims. they loathe the gray zone where people mingle. and they want to divide us. and i thought, you know, when we went back, we had-- it wasn't about the melody. it was about harmony. that's what i felt.
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i felt it was like-- it wasn't about our song. it was about the crowds singing it back to us sort of thing. it was-- you know, it's powerful, rock 'n' roll, as an act of defiance. >> rose: let me talk about red, tenth anniversary. why africa always? why we all picked a fight with aids it sort of focused you on this inequality. you know, that you could get these two pills in any dwayne reid, if you had h.i.v./aids here in new york or dublin, but it was a death sentence, you know-- an accident of latitude and longitude. >> rose: geography. >> geography. where you live should not decide whether you live. that was our tattoo. so it was justice-- if you're asking what motivates, it's justice north charity. and as it happens, that whole mode is shifting now to a more--
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to a self-interest narrative. and europeans are realizing that the continent of africa is eight miles away. and that if people are running from burning homes and burning villages, they will strap themselveses to bits of wood, teachers, nurses, educated people, will putheir children in little dinghies and risk everything to find liberty. they'd swim to europe. and we can't stop them, nor should we. >> rose: is it hard for you to write a song? >> no. i've been writing melodies since i was a kid, since the piano keys were taller than my head. so i remember-- and i didn't know how to play, but i remember putting my foot on the pedal and finding out where reverb was, and making a sound, a note, and then finding another note that felt good with it, as a child.
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so i had that. and -- >> what is this talent, though, what is it? >> i don't know what it is. >> rose: obviously it was a give. >> i guess it is. and i guess that's why you shouldn't be arrogant. having a gift, it's like being porn-- it's like inherited wealth. being talented-- i say this to beautiful girls, too. i say, be humble. be humble. you didn't work for this. these are gifts. we're all given these gifts. i mean to have such beauty and talent, how did that happen. ( laughter ) >> rose: here is a look at the week ahead: sunday is the 40th anniversary of the founding of the band u2. monday is the first presidential debate between candidates donald trump and hillary clinton. tuesday is first day of paris fashion week. wednesday is the 26th annual penn lit real estate awards in beverly hills. thursday is the opening day of
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the vancouver international film festival in vancouver, canada. friday is the first day of play in the 2016 ryder cup competition at minnesota's hazeltine national golf club. saturday is national day, marking the founding of the people's republic of china. and here's what's new for your weekend: the 2016 i heart radio music festival is hosted by ryan seacrest in las vegas, nevada plus, once-in-a-lifetime surprise collaborations you won't see anymore but iheart radio. >> rose: bruce springsteen releases a new compilation album "chapter and verse." and den velwashington, chris pratt, and ethan hawke are in theaters with the remake of "the
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magnificent seven." >> i'm jeff galore, and that's "the week "for this week. thank you for joining us. we leave you tonight with another musical performance to commemorate 25 years of charlie rose on public television. here's natalie merchant in the studio in 1998. ♪ i don't care to say among the living ♪ i don't think i will remain where living
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♪ ooooooo ooooo ♪ and i don't care to stay among the living ♪ i don't think i will remain where living ♪ >> rose: funding for "charlie rose" has been provided by:
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>> welcome to the program. i'm leslie stahl, cbs news in for charlie rose who's away this week. we begin with ian mcewan who spoke to jeff glor about his newest novel "nutshell." >> the first sentence drifted into my mind after other activities, and i always think hesitation is important so i sat there for a while, and i started building up around it and, sooner or litter, i had a talking fetus who knew a great deal about the world through the radio and podcasts and knew a creel about his mother's private life. >> we continue with the creator and stars of the i.f.c. show "documentary now!." they spoke to matt zoller seitz and roger e

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