you're a black person at a starbucks you can't use the y. five but if you're a white person and more fortunate exciter you can and starbucks is discriminatory. and this action is you say by the c.e.o. sort of nips at the but a little bit they've essentially written the next news story and they got a head of the news cycle and not only did they take action what also he didn't do he didn't blame his stock and he didn't call it a one hour incident he took this across the corporation immediately and stocks every single facility in the u.s. will be shot for that afternoon and i think that's a very good move and it shows they mean it and they mean it is the important part you know i was talking about a little bit of this the spin in they've written the next story for reporters and opinion editorialist etc but the bottom line is what they're doing is trying to do the right thing not just for their their their brand of their p.r. but for their customers they're doing it and very importantly now we'd love both you and i we love to think that everybody watches the news they don't we love to think that everybody reads the news they don't however

a lot of people go to starbucks they're going to feel this they're going to be aware of it and that's a huge difference versus it just being taken care of hopefully in the news cycle the public will feel this and they'll see the difference do you think just what before we go here we got about thirty seconds do you think there are any more big shoes to drop with facebook i know it's hard to know but what's your gut tell you hilary it tells me that they're trying to address things but that they're all over the place i think that they did a brilliant job in terms of their crisis communications about was wonderful on capitol hill i think it's wilma hail that takes the credit for that the crisis management team that the detail the coaching but look about get a good job i think that they realize now they need outside experts as soon as a an organization realizes we need some external experts that are on the right track they need external experts and they need a lot of them you know the best ones out there and even in the news department and even now also cause the political bias they're not hiring and he said that he's aware of this you know silicon valley he's not hiring out of bring in young university they need to have more diversity in terms of their staff in terms of their political persuasion they. i wouldn't run into quite as much as this because

that's where the anger comes from also in terms of the voting public hillary for which c.e.o. of straw mark thank you as always hillary about loving to be here. and time now for a quick break but stick around because when we return there's a new service in the works to be offered by volvo general motors and amazon where the packages will be delivered directly to your vehicle lauren fix the car coach joins us to discuss plus david burchell of a left and vestments joins us to talk about wells fargo is there an easy exit ramp for them in their beleaguered the beleaguered bank we'll talk about it when you and your break hear the numbers at the closing bell.

a little blog selling you on the idea that dropping bombs brings peace to the chicken hawks forcing you to fight the battles that. the new socks try to tell you that the beach gossip the tabloids lifestyle. doesn't tell you that you are not cool enough to buy their product. these are the hawks that we along with our good luck. you never know what's around the corner you never know what's in the pub even though you can take excitement it's that mood now and that's where the adrenaline in much comes from. communities and the political machine and the extremes the world pulls and. the violence he's a pug an example mars

a schizophrenia. where you can do these things and behave badly. they're going to be public hospital for a little while but for the both of us both more so for the last. one this may and infirm. will get done far less in the start. of a broader way and if i figure out a really good opposed i don't want to get. moving in these in the least if you don't involve these comes in the envelope and. welcome back mick mulvaney the head of the consumer financial protection bureau or c f p b told the american bankers association conference in washington that as a congressman he refused to meet with lobbyists who had not given money to his

campaign what a slimy thing he told thirteen hundred bankers we had a hierarchy in my office and congress if you're a lobbyist who never gave us money i didn't talk to you if you're a lobbyist who gave us money i might talk to you move any represented south carolina in the u.s. house of representatives at least one congressional did district until he was picked to serve as the trumpet ministrations budget director a position he still holds as he tries and effectively to run the c.f.p. . b. as a second job nobody's comments about donations bringing better treatment but made to the very sector he is responsible for regulating struck many observers as inappropriate here especially after more than he stopped a c.f.p. rule opposed by high interest payday lenders who donated sixty three thousand dollars to his congressional campaigns veiny also told the bankers that he will bar public access to c.f.p. be on line consumer complaint database more veiny holding up

a copy of the bill that's a dud frank bill the wall street reform consumer protection act created see if p.b. told the bankers i don't see anything in here that says i have to run a yelp for financial services. in recent weeks including their effort to purchase tribune media sinclair media is now selling some of their nearly two hundred local television stations in order to gain approval from the federal communications commission in order to go forward with the tribune deal in full sinclair is expected to sell twenty three stations in eighteen different markets which include tribune owned stations in cleveland dallas denver houston miami and sacramento sinclair previously announced that they would sell tribune stations including chicago's infamous w g n t v and newark new york w p.i.x. t.v. plus stations and several other markets. turning to wal-mart is

closing in on a deal to acquire online retailer flipkart if successful wal-mart's acquisition would give the discount chain a means to compete with amazon for the indian market bloomberg reports that wal-mart is prepared to pay twelve billion dollars to buy flipkart india's most popular online retailer from major stockholders including among others tiger global management and soft bank who both own about twenty percent bloomberg also reports that flipkart board is considering amazon as a corporate suitor or had considered them as a corporate suitor but were dissuaded from that option by the predictable and i trust challenges that if flip car were to be sold it would be a problem if it was sold to its biggest competitor and other indians is the nation's largest cell phone service in india be hearty our tel was has posted an eighty two percent drop in earnings for q one pretext profits fell to the equivalent of eighteen million dollars down from close to one hundred million

a year before air tel is reportedly under severe pressure from a new competitor reliance jiah low g.i. low made a big splash on entering the market with offers of seven month of free service and price points well below the previous industry norms after just a year and a half jar low is one hundred seventy five million customers competitors and other critics say gyros levis support from parent company reliance industries to a twenty nine billion dollars in capital that was abused into jai low amounts to and i competitive practices be hardy are tell is owned by be hearty mittal while reliance is owned by rival cash bunny india's richest man. and volvo and general motors are working with amazon to create a service that will deliver packages directly to your vehicle customers would use amazon's key app for deliveries in thirty seven u.s. cities the new business stream is not only one of the most recent but most

impressive inventions that combine automakers with emerging technologies volvo is also reportedly in talks with amazon to be able to offer customers with a package return service which would have all the customers placing packages in the trunks of their cars for pickup and hear discussed is about the best person one could imagine none other than the car coach lauren fix who joins us from our new york studio lauren thank you as always for being with us this is really something i imagine that rather than having a package sitting on your front doorstep out where somebody could steal it folks might feel a lot better having the package delivered to their vehicles and it seems like a pretty innovative deal what are your thoughts well i think there's good and bad to that i mean if you've ever had a package stolen off your doorstep which i have not thank goodness you can be very you know it's very intrusive so nish lee amazon had this key program where they could actually get in your house and put the parcel inside the door the problem is people that have animals they could get out with the birds cats or dogs and that

created some concern for some people so that obviously didn't apply so what do you do what if you put it in the trunk of their vehicle maybe you're at work the only problem is if you're in a locked in area or parking garage they can access that has to be in a public area and then of course if you're carpooling that could be a problem too so there are a few little things or i see you put the parcel in my trunk and as you walk away the amazon guy walks away i could break your window and steal your parcel so i think there is some negatives to it but i think there are some very positive people who don't want to carry large containers of toilet paper homes. good point and as bizarre as this whole thing might see lorne it isn't the only sort of new fangled service idea for an innovative business dream out. they're also read the toyota is partnering with pizza to actually deliver pizzas in autonomous vehicles and ford is doing the same thing with with domino's i mean are we just about to see the all deliveries in autonomous vehicle cool's is growing going to be the next one we see

. that may be true i think the big thing that you're thinking about these autonomous vehicles and everybody is going that direction i think it's really important for all of us to take a step back we've had a lot of hold on the programs for a ton of this vehicles when you look at some of the studies especially recently and after the death that happened in arizona you're seeing that sixty some percent of people wanting to ride in an autonomous car then want to be on the road with them or millenniums are more into potentially riding in one so those numbers are low the take rate is low and we still have the big hurdles of hacking that we have not addressed and of course the attorneys they're very excited for this to get on the road because they know they're going to be making a lot of money for manufacturers and everyone else in the insurance companies are a little bit concerned so i don't think we're there yet i think we're just in the testing mode but hey you want to deliver a pizza to me had become interesting but you don't get a tip then do oh that's a good point also well speaking of autonomous vehicles d.-d. the right healing service in asia that we reported on yesterday's going to mexico

and competing with a lift in latin america they're going to do so dry being a service also and they may be doing a public offering it's reported today seventy eighty billion with a b dollars for those of us that don't know much about d.d. give us a little background on one who they are what they are and what the future holds for them right here in the u.s. you might say getting in that seems to be like thermos and band-aid and clean x. it's very standard conversation but in china the word is d.d. which translates as beat beat so that has become their mainstay their big app and as a matter of fact we're gave up trying to compete with them and they own about seventeen point seven percent of d.d. and d.d. is now be. regulated by the chinese government because the fact is they don't have a yellow cab scenario like we do here in new york city what they're using is this app service because they have high speed trains and when you get to your destination you still have that last mile issue which means you get your train

station but i need a mile to get to a market or to my home they're going to try and work an autonomous car so they can pick you up at the train station so when you purchase your ticket for the train you'll get a notification on your phone saying hey your autonomous vehicle is there they're still going to have problems with infrastructure charging which is a huge issue as they work toward going pure and large cities they are producing nuclear power plants as quick as they can they put up eight last year and they realize that there is an electricity shortages same problem that we have here in the u.s. which is going to be a hold up for any city to go all electric or any state for that matter lauren fix the car coach thank you as always for being with us sure appreciate it lauren thank you. now we move to wells fargo a bank which actually helped build the united states but has had some really enduring problems being back to two thousand and sixteen in the last several days

they agreed to a one million dollar one billion dollars settlement with the consumer financial protection bureau and the comptroller of the currency related to claims of misconduct on auto and mortgage loans and part of the settlement includes wells paying restitution to its customers and the requirement to improve their compliance and management practices and here discusses david merkel of l.f. investments david thank you so much for coming in and spending time with us but sure appreciate it so how in the world did they get into this mess i mean it's a big deal it's been going on what would what was it instigated by wealthy in for profit margins that were too high than could really be afforded by the business and as such they entered into various types of marketing schemes and there is types of products that were aggressive complex could fool people they accepted in their management practices they would look past things that were deviations that were that were in their favor and they would then scrutinize heavily the things that cut

against current profitability and so you ended up with small people who got consumer loans from them getting the short end of the stick and they originally you know when you go back twenty sixteen they created all these added accounts they created savings accounts with right now ask for exciter and on the auto loans that i was just talking about it in the introduction a lot of those it wasn't that they opted consumers their customers rather in two auto insurance when they did now support things like that they they force placed insurance on these customers saying that they didn't have adequate insurance and when they did frequently have adequate insurance and that forced them to basically it would work you. they take the interest in the next part of the payment to insurance and then to principal that may force a number of them into noncompliance with their loans they would then go and foreclose on the loans and sometimes ripple the car and some of these people would then have difficulties getting to their work and so you know this ended up creating

losses of one hundred eighty one hundred eighty million dollars on that and on the rate locks for the mortgages that was another hundred million dollars where they basically because of their delay not because of the consumer delay forced the people to pay more in order to keep their loans locked at the interest rate that they wanted to have that was one hundred million not it and so they got is a billion dollar fine but it's not over i know they just asked for an extension was it from o c c n n extension for additional compliance so they still don't have every everything right yet it was and i money laundering and these are still some there are still some things going on with them with wealth management and some things with their commercial lending that they are still being looked into so these things go on these are complex institutions and in one sense if it's going to be complex you've got to create either the complexity to do the compliance or face more things like this again and again earlier in the program we were talking with

the hill reportage about how. facebook could handle their circumstance and how star book box dealt with it and i put wells probably in the facebook camp of not dealing with things appropriately and it brings to mind i know they just had a shareholders meeting out in iowa did that tim sloan the c.e.o. made seventeen point six million dollars last year that's two hundred ninety one times the average person i mean talk about bad optics do you think he's safe i know i know that's not an industry standards totally out of line but given the circumstances there and it seems like a pretty bad deal i'd say that he's not safe if another thing happens you know why . one two three strikes you're out but you know the thing is often these things happen because boards are you know they take what's given to them by the consultants and they think that every c.e.o. is above average since they're above average they give them slightly more than what the market south salary surveys will say and as such the next year when it comes up

again will the market averages move up because everyone's done this so often some of these things happen for innocent reasons personally for me i vote down every pass say on pay thing that for my clients i don't see the value in c.e.o.'s getting paid that much it seems pretty crazy to me i mean there's a value but boy i mean two hundred ninety one times what your employers make thank you so much david really appreciated merkle thank you they left investor it's good to have you here hate it thanks part. and before we go in the past we have covered some pretty big names in pop culture who are getting in on the block chain rush but now we even have some who are performing for it in may in new york city will see its own block chain week and the names that will come with it so who is on the bill snoop dog is going to be taking the stage next month he'll be singing for the v.i.p.'s vent which is being hosted

by ripple snoop is even tweeted about the event saying that he and others are putting the crip back into crypto that's all for this time thanks for watching the show to catch boom bust on you tube you tube dot com slash boom bust r.t. say next time. with this manufactured sentenced to the public will. when the ruling classes protect themselves. with the famous merry go round be the one percent.

we can all middle of the room sick. room. for headline stories this. comes on during crease pressure from regional rivals a new report claims the even hired a pentagon link. to create a movie linking to terrorists. thousands of people really across germany against a recent spike in anti semitic attacks with chancellor merkel admitting the country is facing a new form of jewish sentiment. coming up of new york's police union is accused of manju fuck sharing public rage over the release of a former black nationalist who spent four decades behind bars for the killing of

two officers. global news live every hour from the russian capital this is r.t. international i mean only welcome to the program the bureau of investigative journalism has released the report's revealing aid to buy based company hired a top level p.r. executive to produce a film linking qatar with terrorism it is claimed he previously created propaganda material for the pentagon breaking it all down for. steve. there's no propaganda quite like military propaganda psychological operations that these psyops serious stuff aside from mere unlimited money you also don't have to deal with all those annoying ethical restrictions on tissues newsgathering. balancing

the process and work in the process so then realize this is a big project so we would do the news items that would go out on the news and or on various channels locally and we were to make it its best we could look. as if it was made locally belled part to injure specialized didn't military grade propaganda the british p.r. firm was active in iraq for years to the us commander there they did crazy stuff faked local news reports smeared iran put together al qaida propaganda videos planted them in people's homes and tracked who viewed them i was asked by my horse. we need to make this style of video. and we've got to use ok it is footage and all their propaganda to it and we're going to track of our google analytics

good times last year bellport injure lost its license after it emerged that it likely stalked racial tensions in south africa as part of its work their thing with having morals is once you lose them it's difficult to pick them up again but i digress guess what bellport injures former boss is up to the biggest diplomatic crisis in the middle east since the first gulf war a growing diplomatic crisis of qatar seems to be in crisis as more middle eastern countries sever diplomatic ties with saudi arabia bahrain egypt and the u.a.e. have all cut diplomatic ties with cut you know the whole cats saudi arabia schism where the two u.s. allies almost came to blows here that was helped by charles and dreher the man who oversaw bellport injures operations in iraq propagandist extraordinary

financial and logistical support for terrorists and terrorism groups like hamas the taliban and al qaida who operate freely out of doors and use business and financial institutions to support radical islam. and global jihad. mr own dreher was paid handsomely by a dubai based company to smear cata tire to terrorists to iran to tell everyone how bad and dirty it is using the iraqi formula in even less radical islamism is operation. christian going to be fine with. these documentary it really isn't became available on netflix you tube it was shown to trump's former chief strategist steve bannon former cia director david petraeus ex defense secretary leon panetta just to make it

clear foreign money gulf arab money used to make a fake propaganda film by professionals and then shown to millions shown to some of america's most influential figures to promote an international conflict on fake grounds this is psyops the big time league of propaganda. murat against the ever we have contacted the firm associates which produce the film as well as the buying base company lapis communications for comment so for no response the film was released on a time when gulf states cut diplomatic trade and transport ties with qatar accusing it of supporting terrorism something doha has repeatedly denied back then the u.s. president sided with the majority of our nations saying qatar out of history of funding terror very high level saudi arabia took the lead in the isolation campaign

and the kingdom's foreign minister is now warning that qatari government that it could collapse if it doesn't pay for washington's military presence in syria could start should finance the u.s. military presence in syria and send its own military forces there before the u.s. president lifts american protection for qatar if the u.s. is to withdraw its protection represented by its military base in guitar then the regime there will fall within less than a week. just some background to this the saudi foreign minister was referring to the presence of over eleven thousand u.s. troops in qatar he made the remarks call from money and ground support in syria from his wealthy allies in the middle east however security analyst and former british army officer charles street bridge believes riyadh should itself be worried over its friendship with washington. is using this issue as

a stick to beat qatar of course qatar has used its considerable wealth to attack for example propaganda term saudi arabia both countries have been uncomfortable allies for some time certainly that by backing the syrian rebellion of course in this particular instance saudi arabia knows that qatar is not in a position to physically provide troops on the ground simply because its armed forces are small but of course they would like to see qatar's finances further trained it's interesting donald trump's remarks himself has said that without us in other words without the americans those countries would fall within hours or weeks or something like this and said this is a truce that is very rarely spoken publicly and they want to deflect attention onto one another. thousands of people are making their voices heard across germany decrying a recent spike in anti semitism in the country. has admitted that germany is not

facing a new form of hatred towards jewish people or europe correspondent peter all of her was out there early it was just last week when a nineteen year old syrian asylum to jewish men friends allow all of the area of. no no no she was from it is a situation that is just. not from the jewish leaders in the city to say the jewish people should refrain from wearing the keep. well that prompted many people to come out here on to the streets of the german capital in order to say that they were going to wear the traditional jewish headdress that they came out here today this evening and said we are proud of our jewish heritage i spoke to some of those and asked them exactly why they were here and what they wanted to say i think we we need solidarity. with all or illiterates. with an all or addictions

christians jews people and. muslim make us well every religion has this right to live here and to leave and it's freedom to give or you wouldn't to i muchly a christian jewish people belong to the same group of religions as i do i'm here to show my support what's happening in germany right now is no good we've seen people beaten simply because they're wearing a kippah that schools have to be protected at all times kindergartens as well this is an acceptable as we've seen from some of those people we just heard for this isn't just steve jewish people that have come out wearing the yarmulke in support of the jewish community here in berlin people from all faiths have done the same thing now we have seen a recent rise in anti semitic attacks in some of those involving schools now we did hear from the german chancellor angela merkel who had this to say about recent arrivals and their contribution towards the un systematic problem

in germany right now noir we have a new phenomenon as we have many refuges among whom there are for example people of arab origin who bring in another form of anti-semitism into the country and it's that that's prompted thousands of people to come out here on to the streets of the german capital to say you know chandy semitism in this city and you know to of the semitism in all its forms i'm not. telling stateside now we're a public golf club in pennsylvania. apologized to five black women for calling the police on them they were kicked off the grounds after the kohinoor of the club and his father complained that the women were playing too slowly it's the latest in a series of incidents where african-americans have been arrested or asked to leave a public facility in the us. on sunday a black.