he starts on t.v. don't come. here with r t a live from the russian capital our top stories europe makes an internet piracy pact walk a play project in the agreement which could have allowed big corporations unprecedented power to censor the web the beleaguered bill drew major protests from people claiming their online rights would be to private. war of words i just spewed over a wall allowing russian to be used in ukraine sees riot police tackle angry crowds in kiev the ukrainian parliament adopted a law without debate sparking the protests. and finding a molecule that gave us all this scientists claim they finally discovered the

allusive god particle researchers have hunted behaves boston for decades to explain how everything in the universe exists. now is american independence day and for those demanding freedom from corporate greed and poverty it's a big day with a major show of occupy muscle in philadelphia next a former wall street insider explains why she switched sides to 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 team 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 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 in 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 i think 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 ball street to the end of last year was roughly one hundred twenty one thousand dollars our are some people so greedy that that type of bonus is not even enough for them well yeah it all depends where you sit at 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 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 know 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 i was nowhere close to that but that doesn't mean that you don't still have this same sense of i need more more more and it 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 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 so 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 is that bubble right so i

do think that there probably are people that aren't threatened 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 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 their. doesn't the responsibility also fall out of the elected officials because every 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 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 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 pushed 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 in demos and stuff 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 social 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 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 bracket 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 much 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 the misc passageways 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 an 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 you know this task force 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 is that 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 compared 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 the schneiderman's 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 for the time thank you for having me. wealthy british style. is not on the. market why not come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you don't know i'm tom harpur welcome to the big picture.

artie's top stories europe makes an internet piracy pact walk the plank rejecting the agreement which could have allowed big corporations unprecedented power to censor the web the beleaguered bill drew major protests from people claiming their on my rights would be deprived. of war of words a dispute over a law allowing russian to be used in ukraine sees riot police tackle angry crowds and kiev ukrainian parliament adopted the law without debate and sparking the protests. and finding the molecule that gave us all this scientists claim they finally discovered the elusive god particle researchers have hunted behaves boston for decades to explain how to everything in the universe exists.

the second with you know neil he has a lot of news in the world of sports this hour pressure on him for the last russian standing at wimbledon and certainly is today mikhail youzhny and they say he has to do what he hasn't done on thirteen other occasions if he's to make the semifinals and not beat mr roger federer so big there and all the women out and russian football not too happy after the results in europe looks like pressure on for russian football chiefs exactly right yeah they said today put more pressure on themselves in fact by saying by july twentieth which is the start of the russian premier league season they want a new manager in place so that's only two weeks to go and he said as you said a busy day it will get right to it. thanks for joining us this is sports today plenty of clearing all this leaving

london russia's last female represented about wimbledon maria current link it departs the ground. running about sky. seeking supreme over the russian football union and a new national team manager will be put in place before july twentieth is the start of the premier league season. twenty two year old peter sagan wins his second stage of the tour de france but fabian cancellara still leads the overall stumbling. tennis first where by the end of the day we should know our men's singles semifinalists i will then a massive couple of hours lying ahead for me. as the russian aims to equal his best ever showing at a grand slam event the imposing figure roger federer standing between him on the last stage but it's not only federer it is also the rain because play has not

stopped it's interrupted in london with the first sets was on the way before rhian struck the score for one to federer in the first. as i say play as being briefly suspended with the players waiting to return to court to inclement weather but also on the way before the top seed and defending champion novak djokovic just clash with florian meyer the serve was up for three a close in the first set before us polls in the proceedings. later on the murray versus david for her could be the clash of the day wilfred tsonga will be favored to make the semi's at the expense of german philip cool screen for. the semi final lineup in. the women's side of action is already known but russia will not have a representative there after maria currie lanka went on in three sets to pull in significant advance scout the last eight stage was the only top ten player of the tournament never to reach the last four of

a grand slam but she rectified against her former doubles partner seven five four six seven five the final score afternoon. but rather she faces german i currently lost four after she became popular shroff of us congress had been lisicki in curbishley very much going for six three six seven seven. williams is on course for a fifth all england club title the american i think defending champion petra could be to play in straight sets her finally. just feels like a good win you know she was playing went very well. so i don't know who is more about to dethrone or just going out there and just playing the mansion doing the. next for six seed williams is victoria azarenka after the bell rushing reach the semi's for the second straight year the world number two seeing off on her dog. in straight sets six three seven. brings us to football where

tensions are just now coming dine here after russia's group stage exit at euro two thousand and twelve the country's football union are ready to move forward though saying they will decide on the national team's a new manager before july twentieth that is the kick off of the russian premier league season here alexander was considered last week to have one foot in the door ready having served as an assistant to the recently departed dick advocaat current under twenty one who function like the star and also on the short list as a flurry gets i have got a brief stint with the national team ten years ago but for better at club level winning you have a couple three league titles with c.s.k. moscow and my side bet is a mint manager fabio capello former england. of course you could become the third straight foreign specialist to take over the russians. now some news just in m.p. to you runner oscar pistorius is set to become the first disabled athlete to ever compete at the olympic games the south african prosthetic limb to athletes making

this africa squad in the four by four hundred meter relay discipline the twenty five year old looks set to myside on the games after repeatedly feeling in the individual four hundred metre offense finishing less than a quarter of a second short of his final attempt after the african championships last week the team game though has been the south africans forty of late pistorius making history by securing still right the world championships in the same four by four hundred meter relay discipline the man known as blade runner thus all set for a london twenty twelve adventure this. to him over the cycling where the sport looks to have a new star slovakia's peter sagan winning stage three of the tour de france to his opening day you victory the one hundred ninety seven kilometers from orci to belong to a certain turn out to be a treacherous route for many of the riders with four big crushes some even having to retire with injury so even though avoided all pitfalls the twenty two year old

first across the finish line entertaining fans with the forrest gump but has celebration being country laura finished fourth but retains the overall leader's yellow jersey as well as his seven second lead over british rival bradley wiggins on frenchman silva child n l for takes place on wednesday with a two hundred fourteen kilometer ride from to rule on. great britain have selected their seventy eight athletes who will compete at the london olympic games controversial sprinter dwain chambers is among them earlier this year the british olympic association was forced by the court of arbitration for sport to lift its lifetime ban on chambers for a previous doping offense. i know a lot about it too i think we've been very clear we will embrace any update including those you can see into the team the work of the team will give him the best support and hopefully her chief the best performance possible. for people. in boxing don't area jeffrey must the bull are gearing up to go head to head in their

junior featherweight unification by this weekend so far for ken mutha below will put his i.b.s. belt on the line while the filipino flash could sacrifice his w b o title as well as an eleven year twenty seven by winning streak i'm very excited actually really really excited knowing that. was going to be a challenge for me you know it's something that i've never been in a zone and i want to challenge myself with the mind that not only does it mean when after their defeat you nobody in the world was i was able not that you know this guy you know you guys may not know you know but he's an incredible fighter should be a good one to golf finally where the russian amateur open championships ended this weekend on the outskirts of moscow are also. crying champions us constantly but top off now reports. previously this competition was also going to professionals but it's now an all amateur tournament however that didn't affect the nerve of the

event keeping spectators thrilled until the last hole in men's can petition blood human or ship of clean the crown with a relatively modest score of two over seventy one in the final round at the call all seems designed course seventeen year old or sip of managed to beat the run up or swiss alexander clearest by three strokes even after making a double bogey on the eighteenth. it was a great pleasure to play at the championship and everything was organized really well i'm happy to win the title although it wasn't my aim my aim was to perform well and cart a good score i think i did that and i'm satisfied. meanwhile in women sue and nina bigger confidently grabbed the title dominating from the start date in year old set a new course record at their go out of golf club with a six under par sixty five on her opening round and she kept up that form until the

end their goal at topping the leader board on four under overall that was a whopping nine shots clear of her nearest rival and killing the monarch and there he had been this is more. or less right in the middle and on the second day. there when the when raina it was very hard to play and then we had this is a great score from last year's winner was foreign tennis number one you've got an ego but because he is now a gulf war he wasn't able to defend his title however just allowing him interest to compete does give up incoming talented chance to shine and underlines russians long term goal of producing golf stars in the future constantine but up of our team and that is all your sport fly weather is next year and twenty four hour r.t. .

well for the. science technology innovation called the list i'm elements from around russia we've got the future covered. hold it hold it. hold it hold. it. hold. her mother. that speech. she. gave. her her. i wish i. didn't look. like a missile good. luck good luck.

just see them on the end of the. run a little mouse by me a little and. if. wealthy british scientists sign some time to. market why not come to. find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune in to kaiser report on our.

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