here with r t live from moscow our top stories the former boss of barclays is set for tough questioning from british m.p.'s this wednesday over a d. printing banking scandal but many are asking why the u.k. government has allowed the financial industry to maintain a stranglehold on politics for so long. you parliament is expected to decide whether a highly disputed anti piracy act will get the green light anti counterfeiting trade agreement known as act is aimed at tackling copyright fast but critics say it risks destroying online freedom. than with the final episode of julian assange just

newsmaking interview show airing on our t.v. look back at the highlights and impact of the series it was a blower himself from remains holed up in after the exam to see waiting for a decision on his side of the bed. now as the occupy protest gears up for its first u.s. national protests on america's independence day we talk to former wall street insider alexis goldstein who decided to change sides and join the movement. i. for seven years she was a wall street insider to day she is an occupy wall street activists alexis goldstein joins me now to talk about her experience in one of america's most profitable industries alexis thank you very much for sitting down with our to thank you for having me since the start of the occupy movement in september two thousand and

eleven you may be possibly one of the most vocal wall street insiders in the u.s. to come out and pretty much blow the whistle on the culture there you recently wrote an article saying that wall street may do cynical bitter depressed exhausted and paranoid and you felt everyone was out to screw you you spent seven years there why did you put up with that kind of environment for seven years well i think it's a pretty easy answer you're paid pretty well on wall street and it's also pretty alluring you work with a lot of people that are very smart it's sort of this culture where everyone sort of feels superior and so you're of always jostling for position neighing and so it's very competitive and i'm competitive and i you know in some ways enjoy that environment and you know you're paid better than really pretty much anywhere where else you work unless maybe you became an entrepreneur and hit it rich so there's a lot of things about it that are very appealing and sort of compel you to stay as long as you can stay the public often hears the stereotypes of wall street being

toxic and pervasive and ruthless but you basically say that's all true can you give me examples of that i mean what how is it as bad as you say face the reason it's so difficult is because no one goes on wall street to help the world everyone goes to wall street to make money and so because everyone is there to make money you're in competition with everyone else and even though almost every bank or i think everything worked out in the most banks on the street you're not allowed to talk about compensation and. some big it's actually a fireable offense that doesn't stop people from spreading rumors or guessing about how much other people are made so that's the sort of focus at all times is an idea in compensated fairly and might be compensated more in this person than i think it does a worse job than i do and so it becomes this this environment of envy and that's not a very comfortable happy place to work it's all about how much money you're making you're in competition with everyone else right there is one bonus pool and there

might be sort of sections of the bonus pool for different departments but you're always in competition with others and that makes for i think a pretty toxic environment according to reports the bonus on ball street at the end of last year was roughly one hundred twenty one thousand dollars. are some people so greedy that that type of bonus is not even enough for them well yeah it all depends where you sit right the people in sales and trading which so there's something called the cost center and the profit center on wall street and the profit center are people who make the profits in theory the traders the sales people getting clients and then there's the cost center that's things like technology and legal and operations and so i think you know maybe in sales and trading that would actually be a pretty paltry bonus where is you know in the cost center that might actually be a great bonus or you know so it all depends on where you sit but absolutely that is not the kind of bonus that your top trader is going to want to be making or they would walk one hundred twenty one thousand dollars for

a top trader that would not be very much no you worked at morgan stanley merrill lynch which was it across the board all banks and every bank has its own culture but it's all about money at the end of the day and so there is one thing i think that they all do have in common that there is this tremendous amount of competition it is ruthless you're never quite sure who's on your side and who isn't so even though every place is slightly different i do think that they have that in common you know from the get go you were going to wall street in the hopes of making. a lot of money what surprised you that you weren't expecting because you knew you had to have known it was going to be cutthroat sure i guess maybe what surprised me is that you're never satisfied you're always sort of looking to go up the food chain you're always kind of looking for the next step up and and there's always someone to compete with now i was sort of if you compare me to sort of a top trainer who was nowhere close to that but that doesn't mean that you don't still have this same sense of need more more more and at least for me that that

left me feeling very empty and it wasn't a fulfilling place to be it wasn't something that i felt satisfied at the end of the day you're always sort of on your blackberry right before you go to sleep you're on your blackberry right when you wake up and so it's not like i felt fulfilled professionally by what i was doing and so it's just sort of maybe you know there wasn't a spark but it not on me over time and i really felt like i wanted to do something that that brought me more meaning wall street contribution though can it really be one hundred percent terrible across the board does the financial industry in the u.s. do anything to create jobs or strengthen america's economy based on what you experienced it depends what area you're talking about so most of these being sort of these large mega banks that have commercial banks and investment banks and i do think that the commercial banks are very important for you know making student loans giving out mortgages but i do think that a lot of what happens on the investment bank side is what we call financial engineering which is basically creating new products and sometimes those products

are created to run around regulations or to run around tax and there's been studies about you know what percentage of them are and aren't done in order to evade taxes and evade regulations but i would hazard to say that it's a fairly high percentage of them that are created for that purpose and that is not something that is moving the economy forward that is something that's serving to enrich a group of already fairly wealthy people you say that wall street so-called american dream is to earn enough money so that you can be. even a way that makes the very existence of other people irrelevant if that is the case do you think the financial industry is threatened by the occupy movement i don't know that they are but i think that there is probably going to be a lot of flight from maybe wall street banks to hedge funds at least for the people that can make that move if they are threatened because that still at this point in

this country a fairly unregulated space is the hedge fund space but it isn't a bubble right so i do think that there probably are people that aren't threatened that much by the occupy movement but i also think it's having some effect on recruiting so i do think it is having a small impact but it's probably not having much of an impact at the very very top because they are so disconnected in that it's a bubble it's a very insular place and like i said in the article the goal is to make i guess you money if i can say that if you can and so if you have a few money you don't really care what's going on in the wider world if elected officials if u.s. lawmakers are leaving the doors open for these banks to continue gambling with people's jobs with their pensions with their retirement funds with their homes that. doesn't the responsibility also falls out of the elected officials because every a lot of people are saying wall street greed wall street greed. where does washington come in there's a lot of blame to go around and i do think that washington is has very much

a part of this that is very much to blame for a lot of the deregulation that led to the bubble from everything from alan greenspan keeping interest rates low for so long to be like what's happening now right but i guess we were sort of in more of a boom back then and we are right now but yeah sort of so everything from fiscal policy to things like killing glass steagall in one thousand nine hundred nine which under the clinton administration that's right you know the commodity futures modernization act which came about the year before and was. really hard by senator phil gramm whose wife wendy gramm was on the board of enron and he put a nice little enron loophole in there there's there's a lot of blame to go around i found very interesting about the occupy movement is how many of those taking part. of his staff are aware of the financial influence the corporations and the banks the u.s. have on u.s. politics they know the amount of financial contributions and donations that are

being made to every u.s. alexis official all the way to the top all the way to u.s. president barack obama. is that the biggest hurdle for this movement to really overcome because if that if you have corporations that are so powerful and giving so much money to the people in the united states that are governing and making the decisions and writing the laws how do you change the system i think i think you're right i think that is the biggest hurdle i think there if there is one general theme that unites all of occupy it is that money and politics has sort of corrupted the system to the extent that everything is broken so i do think that that is their biggest challenge is how do we sort of pull back on that and how do we how do we fight one of my favorite signs and t. shirts i've seen and i saw a bunch of this on may day was someone was wearing a shirt that said i can't afford a lobbyist so i occupy wall street i mean there's been studies that have shown that the sort of bottom third of the income brackets have no say have no influence over

their elected officials and you know the sort of the middle has something that has the most say so i do think that this is a big byproduct of the sort of corruption and of money in politics is the occupy movement in the article that you recently wrote you called on your friends who quote still do well behind on wall street to come join the occupy movement how many more wall street employees are out there that share your sentiments you know there's more than you would think a lot of them still are employed though so they act in anonymous capacities and then there's a number of people who have left one of my members in. a former derivatives trader i've worked with someone in the alternative banking working group who is a former quantity there's more of us than you would think but i and there are a lot of people on wall street who are disgruntled so that's sort of who the call was out to was my friends that are still there that i know would like to leave but for whatever reason i haven't done so yet in january u.s. president barack obama announced the creation of

a residential mortgage backed securities fraud task force since the creation of that unit more than four hundred thousand homes have reportedly been foreclosed on . and not one bank or employee has been charged or held accountable for fraud or abuse that led up to the two thousand and eight financial crisis recently you took part in it event in which dozens of americans were volunteering their help to that task force you were out on the streets. a few people were arrested can you tell me more about that event so it is state of the. taskforce there's five co-chairs of the task force they don't have an executive director yet but they have these five co-chairs the co-chairs whose office we had a sit in in is is attorney general eric schneiderman of new york he was recently profiled in this magazine the american prospect and he said basically i need

everyone out there to help to make this as strong and thorough of an investigation as it needs to be so we had big signs with his quote on it about the strong and thorough investigation and we were chanting outside literally we're here to help we're here to help there's a lot of questions about this task force there's a lot of questions that we have there's a lot of questions that the public has about you know why do we only have fifty people right now if you compare that to the enron investigation there were one hundred people and that was just one company you compare it to savings and loan there were a thousand we have seen no arrests and the ironic thing about the sit in was even though we were peaceful and we were talking with a rep from his office who had come down they did not call the police but the building manager did call the police and the police were on the megaphone saying you know you have to leave you have to leave even though we were having a very fruitful discussion with the rest of the office and then the police decided to arrest for of the protesters for trespassing and so we now have four people who are arrested for going to the office and trying to ask questions and trying to

offer assistance but we still have no no arrests for anyone who been responsible for bringing down the economy thank you very much thank you for having me. really.

hard to use top stories the former boss of barclays is sacked for tough questioning from british m.p.'s this wednesday over a deepening banking scandal but many are asking why the u.k. government has allowed the financial industry to maintain a stranglehold on politics for so long. parliament is expected to decide whether a highly disputed anti piracy act will get the green light the anti counterfeiting trade agreement known as act is aimed at tackling copyright theft that critics say it risks destroying on line freedom. but also with the final episode of julian assange just news making interview show airing on our t.v. we'll look back at the highlights and the impact of the series the whistleblower

himself remains holed up in ecuador as embassy waiting for a decision on his asylum it. up next we get the latest sport with paul. thank you very much lisa welcome to the sports headlines here's what's coming up packing up their bags at russia's last female representative at wimbledon maria kirilenko is out as poland's are next door advance go reaches the semifinals. through the gates twenty two year old peter sagan wins his second stage of the tour de france but having cancer lara still leads the overall standing. and sailing success after gnawing grueling months french team group parma in the volvo ocean race claiming unassailable lead in galway. but first the semifinal lineup in the women's single that wimbledon is now nine however russia won't have

a representative after maria kirilenko went down in three sets to poland's agnès got to advance her in the quarterfinals rance goal was the only top ten player never to reach the last four of a grand slam but she rectified part against her former doubles partner a resilient performance following three rain delays and amid. so far so far from school. grounds going now faces germany carver in the last four after she became patrick and maria sharapova is conqueror serving as its three card but eventually to the point of six three six seven seven. meanwhile serena williams is on course for a fifth all england club try to see our sickening champion prosecutor in straight sets america to promote six three seven five to scoring a pro se to last. me this feels like a good win you know she was playing very well. so i don't know if it was more about

the throwing or just going out there and just playing the mansion doing the best i could. well next up for the american is victoria azarenka who sweeps the semi's for a second consecutive year the world number two the world number thirty seven made a project in straight sets six three six six. while the semifinal lineup in the men's draw will be no later on wednesday that is of course weather permitting russian mikhail youzhny faces a tough test against six time champion roger federer in the last eight the thirty year old from moscow has lost his previous thirteen meetings against the world number three also show jewel for center court as the match between palsied andy murray and spaniard started for there in the other two quarterfinal matches world number one novak djokovic takes on german florian meyer the thirty four seed has already equalled his best ever grand slam appearance by reaching the quarters of frenchman joe wilford tsonga will be trying to equal his best wimbledon performance when he takes on meyers comparative philipp kohlschreiber song there was

a big incentive find this twelve months ago. now in football andre lost by us has returned to management in england the former chelsea boss back in london to take over the reins at tottenham the portuguese has been out of work since being sacked by chelsea in march he now takes over the spurs job which was left vacant by the departure of harry redknapp three weeks ago the thirty four year old signing a three year deal tottenham finished fourth last season for the second time in three years. now over to cycling where the sport could have a new star so lucky is peter sagan has won stage three of the tour de france to add to his opening stage victory the one hundred ninety seven kilometer stage from all she to belong somewhere turned out to be a treacherous route for many of the riders with four large crashes some were forced to retire with injuries no avoided all pitfalls the twenty two year old david tennant was the first to cross the finish line. with a forrest gump esque celebration as he did so probably in cancellara finished

fourth but retains the overall it is yellow jersey as well as his seven second lead over british rival wiggins bradley. inferential silver sharon l. thanks for taking place on wednesday with a two hundred fourteen kilometer ride from others we'll tell you on. now in athletics great britain have selected the seventy eight track and field athletes to compete in the london olympics controversial sprinter doing chambers is among them the london born athlete was picked for the one hundred meters and the four by one hundred meter relay now earlier this year the british in him because it was forced by the court of arbitration for sport and lift its lifetime ban on chambers for a previous doping offense i know a lot about it too and we've been very clear we will embrace any update clueless you can get the team the world the team were given the versa paul and hope we were to leave the best performance possible. for happy about now with those games less than a month away organizers are taking no chances with the most sought after prize is

the english capitals historic tower of london becoming the safe haven for the four thousand seven hundred gold silver and bronze medals the tower has house the fabled crown jewels for more than six hundred years the first medals will be presented in the women shooting events on july the twenty eighth with eight hundred four victory ceremonies to follow. now in a formula one motor city is test driver maria has regained consciousness after suffering life threatening injuries during a crash out of next weekend's british grand prix the thirty two year old smashing into a support lorry after completing her first lap at duxford airfield i witness is stating to go to was attempting to slow down for a mechanical check when her car suddenly sped up and hit a stationary truck the daughter of former formula one driver emilia was motionless for fifteen minutes but then began moving her hands before being moved to a nearby hospital she is now conscious but under constant surveillance. then boxing nonito donaire and jeffrey mathew below are preparing to go head to head in

their junior featherweight unification bout this weekend south african matthew puts his i.d.f. belt on the line where the filipino flash could sacrifice his w b o title as well this is eleven year twenty seven bout winning streak. i'm very excited actually i'm really really excited knowing there. was going to be a challenge you know it's something that i've never been in a zone and i want to tell myself that. there's i mean when i thought there was a you nobody you know what i was able to announce this guy you know you may not know you know but he's an incredible fighter now to go where the russian amateur open championship ended this weekend on the outskirts of moscow that in there are supposed. crowned champions as constantine but top of reports. previously this competition was also into professionals but it's now an all amateur tournament however that didn't affect the nerve of the event keeping speak taters thrilled

until the last hole in men's can petition by demon or ship of the crown with a relatively modest score of two over seventy one in the final round at the call all sums designed course seventeen year old or super for managed to beat the runner up or swiss alexander clearest by three strokes even after making double bogey on the eighteenth for the ever so it was a great pleasure to play the championship and everything was organized really well i'm happy to win the title although it wasn't my my aim was to perform well and cart a good score i think i did that and i'm satisfied. meanwhile in women's two and mean that bigger confidently grabbed the title dominating from the start the eighteen year old set a new course record at the argo of golf club with a six under par sixty five on the opening round and she kept up that form until the end there were topping the little board on the floor and overall that was

a whopping nine shots clear of her nearest rival. and there he had been this is the . point right in the middle and on the second day. barry we were a no it was very hard to play. and there we had this is a great score from last year's winner was foreign tennis number one you get to go but because he is now a goal for he wasn't able to defend his title however just allowing amateurs to compete does give up incoming talent to chance to shine in the ones russia's long term goal of producing golf stories in the future constantine brought up of our team and a fine day to sailing with crew parmar have become the twenty twelve volvo ocean race champions with a leg to spare the victory marking only the second ever win by a french crew in the prestigious insurance event from commerce and company trading leads with companies eland telefonica throughout the five hundred fifty nautical

mile mindful leg parma however only needed a top four finish in the sprint and then coming home second into goal why an island behind camper that was all secure in them an unassailable twenty four point lead with only an import race remaining meaning the celebrations could begin in so. it's a very bad day for me. i've got three oh yeah it's now clear with me why i think i did. it. would be yeah i think yes i would but you know and. i was. like. well that is all from the water sport for now you know we'll have more for you in a little under two hours time here and i'll take join in then the world whether it's next.

well for the future of science technology innovation and all the news developments from around russia we've got the future covered. wealthy british style. that's not on the top of the fine. markets why not come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report on our cheek. if. moshe would be so much brighter if you knew about

someone from funniest impressions. please for instance on t.v. dot com. he.