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tv   Documentary  RT  May 31, 2023 9:30pm-10:30pm EDT

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do you have a special going so knowledge about the solutions bottom with the creation by low of a special cut me to you able to deprive city city as citizens, individuals for their wise to be elected to the us government is concerned by the polish governments passage of new legislation that could be misused to interfere with poland is free and fair elections. we share the concerns expressed by many observers that this law could be used to block the candidacy of opposition politicians without due process. the new lawyers are set to create a commission to investigate, alleged russian interference, since 2007 a critic see the move as an attack on the opposition. as political opponents wouldn't have the power was needed to challenge the decision in court. it also threatens to bring on a scrutiny. the main opposition leader, donald truss, cruz both the former prime minister and the former e. you council president. well, i discussed all of this with the senior research fellow with the global policy institute, a john george, that me really. he believes western criticism could ultimately make the polish
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government backed down the whole is very sensitive to the very negative views. i mean these up basically, they want, they want to keep in with the west and mazda is so it might cause the leasing. it's happened before. the pulling is made all day. shes moves. um, such as, for instance, um the denial of a foreign ownership of media. this applause upset immediately the americans because it meant the americans were going to be pushed out to hold as media market and poland very quickly back down. so it's possible that the they going to, uh, back down in the face of this uh, we do a breakfast. no, it takes, but the, you know, they also know then donald, to us is their mind. they, they want those to in the selection, even though they've done everything that they can to be even more. and the russian
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then goes to live on the line, or anyone in washington escalating the conflict and ukraine to further involve western countries. would have hom, the security interest of washington, that's according to the us national security council spokesman john cubby. although he added the us will continue. it's ministry a to key of know my so what, what we better learn more about this right now. most of live now do audio correspondent, caleb monthly for the very latest on this caleb. some of the key takeaways from mr . cubby's comments, if you would be so kind, i'm sure john kirby said that's at this point. the united states is not a party to the conflict, it is only providing weapons providing training, but it is not interested in directing ukraine and where to target or who to attack . now at this point, he did also mentioned that the united states as counseling ukraine, but he didn't describe exactly what that entails. the u. s. a does not want to know
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who conducted strikes against the ground one, and it turns a blind eye to us provided weaponry that is now being used on russian territory. here's what he said, isn't it? so when skiing is military commanders decide what they're going to do from a military perspective and they decide what they're going to do with the equipment that has been provided to them. and that the, you know, all that said, we have been very clear with the craniums privately. we certainly been clear publicly that we do not support attacks inside russia. and we do not enable and we do not encourage attacks inside russia. we've seen the ukrainian denial that they didn't seem to do what you're talking about the drugs take on the apartment building in moscow. so we'd refer you to the crane government to speak to that. we don't have any specific information that the tells us who is responsible and it's not like we're going to go out and investigate
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this. and you know, it's not that that wouldn't be appropriate for us to do. now when speaking, john kirby also remarked that the united states of the photos is a tax on russian territory because they want to quote, avoid world war 3. however, he added that despite the debt ceiling prices in the united states, there is no question the us aid will continue to flow to ukraine. here's what he said about bathrooms and ask for the, the dead ceiling. uh, the, the deal. uh it wont don't have are what happens in the halls of congress. there won't be in effect on our ability to support ukraine. so as we heard from john kirby, he expressed the fact that the united states is going to continue to arm ukraine. provide them with the training exercises council, but insisted that the united states is not overseeing and is not responsible for the actions of the branding and military that they then carry out with this
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training after these exercises with this counsel from the united states. uh, find it quite an interesting case, john. courteous trying to make here saying that the united states is going to remain heavily involved in facilitating the conflicts in the brain, but should not take responsibility for being directly involved. and after doing a slide from new york. thank you. a colonial era scramble for resources now south africa. it's actually being remembered today. if i took this wednesday mocking of the a 100 and 21st, i have a 3 of the end of the 2nd bow, a war. one of the biggest and cost of this conflicts the british fort before the 1st world war, the one of the 20th century of birth and attended to well satisfy his appetite for the south african minerals on gold craving, some 70000 lives in the process. the ministry power was pretty on even 500000 british soldiers against 88000 bow, a troops and due to an unknown and difficult terrain for the british or the
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republic gained the upper hand of us. but british forces finally prevailed. looking back from, i'm going here with auntie is a catholic, i'm a so of the narrative of those concepts believed. or rather between these 2 more in foreign sites on the african. so has been carried through over many years and the police and the dispute thoughts. so the involvement of subjects who not only i'm reading your thoughts in this whole thing, did some of the west pain and see facts. blacks are employed in the concentration camps, the main woods as minutes you supply and age 14 and well the transporting food and weapons as well as animal seats. the women on the other hand, as well as the children are not stayed as the woods in the concentration camps as assistance to the food women. this rule was to feed the frontline commandos. now, the british clinic suits in using the black label s 5 and the movement of the fluids, as well as helping which is navigate to the south african landscape. now many of these black men and women died not as
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a result of the void south that's from multiple diseases, from the overcrowding in those concentration comes as well as plus invitation in 2019 a purchase and to defend that the actions of his full fathers during a dialogue about winston churchill legacy. now, jacob reese mould was justifying concentration. came steering an appearance on pvc christian time. while these concentration camps held black and we'll women and children against, they will often abruptly see them from the funds was over 27000 of them died at those kinds. only $6000.00 men died as a result of the voice of that with which mt insist that the formation of the camps will for the safety, south african concentration camps have exactly the same mortality, right? as existing laws go at the time. so that not a good thing, but where else where people going to live when the use of concentration got? no, i didn't. i'm talking about the bull bull talk people pushing comes full,
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the protection bridgework then to the use of concentration, but i'm afraid or confusing concentration comes with it, says extermination. come outside of this. i like the any calls in the family. i wouldn't be for these are people who are in ton for the safety. the numbers of those that perished during the war remained conclusive for the port and the british . but alarmingly, the black masses, who account for launch a percentage of the dates, remain unknown, which is campaign. and it may be a clubhouse has come out with the latest evidencing how look mona was a deal of the british army, had been since or other had rather sent places to live or other. he seems to be able to meet the situation in south africa at the time. he also writes places that meets the atrocities posts to the boys and the natives of the land using peep schools of children that were dying and how the conditions in black came. so atrocious with little to no food as well as milk. basic health care. the theory that all the weekly children being dead,
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the rate would fall off is not so far borne out by the facts. the strong ones must be dying now, and they will all be dead by the spring of 19 o. 3. i thought we had begun to turn the corner and that after having reached unparalleled heights of mortality in october, we should now show a heavy decline. unfortunately, the figures have risen again alarmingly. pacific and football was a complex and lighted concepts that have far reaching consequences for southern africa and the glue. it remains an important event in the history of imperialism and colonialism and serves as a reminder of the human cost of will and concepts. that's a from so me, so are to just finish that. we can get it much that broad a perspective on this right now costing life to south africa. national assemblyman buffalo was a job who is joining us here in the us. so you international mr. jago, a very warm welcome to you. thank you so much for coming. on the program this evening, it's about 11 20 pm. my local time here at most good that that have been so many
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colonial was waged on the african continent. what, what makes the 2nd beula war? so infamous and you of you. it is. thank you very much for having me and a good evening to, to all of us and hello all the way from south africa. now the, the, i don't know, blow o, as it is, or i know. well, that's true, said to call it the south african war because it really involved the peoples outside of actually the capital of my call for a month plus all racial a device and not necessarily just to say that the boy was the after time else. and the, the british, the also africans were involved in the when, in fact the, also the folding chairs from across the world at home from, i don't know, what makes it into my says the effect that the, i think it was the, any point between describe issues that had been happening between the was in the
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british and i think if you out of this corner of history would remember that in 18881821218. $81.00 for about 3 months. the was the 1st of the war which was called the fest with war freedom for the blogs. and the contest was that at least 50 termination the was definitely done that a so serious about self determination, on the, on the land that they had to go to pipe. now i started the by the central us on the dash east indian company, both of those $200.00. yeah. as it is. so they wanted to really form via own the independence that have their own self determination as a nation within the country. and that's what they swear to the war, and that's why it's switching from us. it's been from us because it was interesting between the was in the british. uh huh. of course they were talking a 120 years ago. and. and when i was trying to look up online to,
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to find out details about about, for example, the thousands of africans who died and concentration comes compared to the book. and there's hardly any information about that a oh, on like, why is the so live information about the thousands of africans who died in the concentration comes? i don't know. what is the said about those who lived history that he's going to be lost to the vic tests? and in this instance, the applications way only come on for the in the us, not the old. these are the, or between the 2 ordering functions, which i origin a touch from to draw a graphic color. a pull up points within the, the political emilio, of the south african nation as it was that in his formative stages. so definitely kids were pushed out of the picture because they were just nearly participant in the, on the, were not even recognized by the way they say as citizens and all that humans within
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the context of what was being thoughtful. and that is why you would never records of i think, can even though you has overtaken these are indefinitely, kenzie died in these concentration caps. you never even mention of their cause of history about them because as they say history belongs to the vic task. yeah. why so certainly, right, and i say that it is it because indeed who, who write the history books. um, i think uh it was that what was it the movie deliberately, i think deliberately, was one of the one of the movies are linked to was it to the 2nd book? what was the, the hollywood act to mel gibson. he wasn't that i think 1982 was a good number of years ago now, but i wanted to ask you, well, what do you think was the last thing impact of the war? i guess on the indigenous population of south africa does, the history remained. is it still passed down through the generations? a yes, in the, in the main you have,
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this is deposit down through the generations that i think, you know, the biggest impact of the, what was the implementation of the sports pushed us a policy which was good. but it is to ensure its victory in the, the, the, the, the general tactics which was not something the, the, the, the british way with comfortable with all the, with designed or the design to contain. and so the costs of that, they decided, let's go for the, the cost of policy, let's just make uh, everything and, and what kimball untenable, so that we can range the victory. so the cost of that more was high end. it's impact long lasting, even on the between those people's are based on the basis that when you have a low risk cost of policies and pro and you understand what that means. it means
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activity coming from structured as well as the. busy the period is destroyed, the food supplies, water supplies, all of that is affected on in the interest of winning the oil. and so it is a winning by all means and not at all costs. and the means justifying that well, i guess i'm gonna guess at the end of the day and, you know, obviously people say that history has a tendency to repeat itself. are we talking about the war a 121 years ago before as i? and now the african continent does seem to be going through changes looking forward to this, but also being multi poder world of course african leaders also asking for more representation on the global stage and of the united nations as well. about photos that jago a member of a south african national assembly. joining us live here with all the international . i really appreciate the comments for you on the inside. thank you very much for your time today. thank you. thank you so much. thanks as well. africa is designed to find
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a new equal place in the modern world and profit from its own natural resources. it has one most goes backing russia. so top, different about made the comments while in mozambique the latest leggett, as latest africa, to a. the good news which is, africa does not want to return to colonial times. it wants to make the most of the natural resources it possesses and not just to trade raw materials that have been exported from here for centuries, but to make products that will have added value and be in demand. and of course, today's africa is immeasurably more aware of its identity and is increasingly insistently demanding for itself an equal place in the emerging multi polar world order, including through proper and fair representation in the un security council, which rushes supports hope so to get all of those visits and walls and they can be a pest, concise that followed after i think provides very good snapshots of the changes happening within the international system. because many african countries,
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as really happens reporting throughout this visit, have taken the position of neutrality. when it comes to the conflict in ukraine, they refused to succumb to the west, some pressure to impose sanctions against russia or terminate financial and r g o other. so it's of deals with the russian federation as to the level such today of the press conference. this is demonstration that africa is not what it used to be. you know, africa wants to be treated with dignity. it wants to be treated with respect. it doesn't want to be a rubber stamp in the united nations. it wants to take a self interest, a constructive and substantive role in international affairs. mozambique is a good example of that because it's a country that has had a productive relationship with mosca ever since its independence in 1975 has pretty vibrant industrial corporations with the soviet union. and the one thing i want to mention is that most on pick itself is no stranger to arms conflict. its face the
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very bloody civil war. back in the 1998 is still suffering from militant insurgency in the north of the country, but the position of mos on because that all of conflicts need to be subtle through direct dialogues. so we stress the need for the entire international community to seek local solutions to local problems. our prism emphasize the role of russia in the mediation of numerous conflicts, including the cleaning conflict. in particular, the chinese initiative, emphasizing the need for direct dialogue between countries. she also welcomed the efforts of the russian federation to organize the 2nd rush of africa for them. unexpressed readiness, if necessary, to contribute to the establishment of peace and good neighborliness between russia and ukraine. now, uh, there was also a very interesting question about uh, the rumors surfaced by the american ambassador to south africa about this. suppose it a trade, a weapons trade between south africa and russia and russian for ministers sub,
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if american ambassadors have any issues or doubts about that. they shouldn't mind their own business. use the media if something was stopped by the american or any other overseas. and bassett, or then in general, you need to know your place and not get into other people's affairs. as for the topic of arm supplies, i would like to emphasize once again that we never violate international norms. but our western colleagues do violate them. they declare neutrality with regard to the events and ukraine, but pump the country with a huge amount of modern, long range and generally unsafe weapons, including for those who use them, i mean the shelves with depleted uranium to give support to redeem whose official representatives loudly threatened to kill all russians, all of them. therefore, it is probably better for american and passengers to take care of their own image in the eyes of the foreign public, viewable p. accuse the west uh, directly off. exploiting africa and then many other parts of the world. and he said
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that the many countries do not want to go on with that. as before, it's come to light. a british journalist who works with the investigative news site, the grades, and was recently detained on question by british counter terror pulling us on arrival in the u. k. that's a, according to the greys on itself discipline. a tip tyrant bug was detained in london on may 17th, after arriving back from the serbian capital where he lives to his question for more than 5 hours about his elliptical views on everything. from the car. in british political leadership to the ukraine conflict, electronic devices was seized, interrogate is specifically the modest to know whether the grays on had ties with rushes, security surfaces to publish, pack strongly material. so no reason was given full, the attention apparent, but this was on reports from on how there was a secret intelligence plot to install bars. johnson, as prime minister, a british plans to bottom the bridge connecting crimea with russia until even
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a pull to destroy the gray zone itself. i mean, i interviewed kit a number of times and then investigative groups editor in chief of might, some blumenthal, believes the british authorities are simply targeting those who expose that violations of law. so this was, in my view, political repression by the british state, which has no really speech protections against a journalist who has been exposing, in, meticulous and completely factual fashion. our british intelligence has been violating international and domestic law in order to carry out some very dark machinations. what kid hasn't done is broken. any laws are violated. any journalistic f ethics. what he's done is standard practice, even at legacy wester. newspapers like the washington post in the new york times. this was a baseless interrogation. it was a fishing expedition by british intelligence. they're going after journalists,
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who are dissenters, dissidents, and who are exposing their own violations of international and domestic law. we've received the outpouring of solidarity and support and we're hoping that groups like the reporters without borders will weigh in here. i know kits been in contact with them that other press freedom. ngos will actually speak up. this really is a question of whether you agree with me or kit clarin berg. it's about whether journalist can continue to follow standard journalistic practice and using leads material to provide news that's in the public interest. yeah, thanks for joining us there. one of the international, your news returns at about 25 minutes or the the criminal and has made it clear deliveries of at 16 jets because would be an unacceptable escalation. we've heard this farmer friend ruth, before think back to the weeks before the start the brush and special military
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operations. the russians weren't bluffing and they're not fluffing. now the thousands upon thousands of americans lost their homes during the economic crisis of 20082009 commonly known as the housing level. one of the primary reasons why this happened was because of something called subprime loans. mortgage loans were made to people who simply shouldn't have qualified for them. the reason banks do this is simply greed. they hope they can guides consumers and keep the losses in check. but then what happens when the economy slows at the same time? what happens when people just can no longer make the payments? the result is that the entire system falls apart. and that's exactly what happened in 2008. i'm john kerry ok, welcome to the whistle blowers the
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. 2 2 2 2 2 2 the housing bubble, economic collapse of 20082009 was the worst period in economic decline since the great depression. indeed, it's called by many the great recession. memoirs by former fed chairman and secretaries of the treasury are clear economic business and banking leaders had no idea how to get themselves out of a crisis caused by greed and with money being too readily available. that greed was simply providing loans to people who shouldn't have qualified for them and who had no way to pay them back. at the 1st sign of economic trouble. as the economy slowed and unemployment went up, people suddenly fell behind on their payments. hundreds of thousands just walked away from their homes, turned the keys over to the banks and watched as everything fell apart. but none of this should have come as a surprise. there was ample warning, but
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a disaster was approaching. our next guest was one of the people who was warning his leaders about the danger as a chief business underwriter for city group, during the housing bubble and the subsequent financial crisis. richard bowen repeatedly warned executive management and the banks board of directors, as many as 60 percent of prime mortgages were a risk. he also warned about the risks associated with cities practice of lowering its standards for sub prime mortgages. his warnings were ignored, and as if that wasn't bad enough, city stripped him of all responsibilities, placed him on administrative leave and told him that his presence at the bank was no longer required. but every thing richard said turned out to be true. he later testified before the securities and exchange commission and he gave nationally televised testimony before the financial crisis. inquiry commission. richard's experience was covered by the renowned news program 60 minutes,
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as well as by the wall street journal, the new york times and the washington post. as well as other major outlets. richard, thank you so much for joining us. welcome to the show. thank you john. it's a pleasure to meet you as well as be on your show. thank you sir. the pleasure is all mine, richard for so many americans. the housing bubble hit like a ton of bricks with no warning, but that really wasn't the case. there actually were indications that something terrible was going to happen. when did you 1st see something was a miss? and what did you do at the very beginning as well in 2006. citigroup was the largest bank in the world. and in early 2006, they consolidated all of their banking operations. very diverse banking up for one inch. and they, um, they consolidated these and they, i received a huge promotion. i re, was promoted to business chief underwriter,
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i had responsibility to make sure that the $90000000000.00 a year of mortgages, that city group was purchasing from other banks. a mortgage company. now understand citigroup did not make these mortgages. they didn't not originate them. they purchased them from other banks and mortgage companies. and when they use these, they would turn around and they would sell the they would sell them to fannie mae, freddie mac, mortgage securitization. and when they sold them, they would give their guarantees, they would give their representations and warranties the page mortgages met their policy guidelines. well, i took over my new responsibilities in early 2006 and by june of 2006. and again, that's my responsibility to make sure that these met our policy guys will much.
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well, in june of 2006, i discovered that over 60 percent of these mortgages did not meet our guidelines. they were by definition defective. many of them were 480 silly me. i thought it was my job because they were selling them in guaranteeing, but they were group mortgages. so i started the warnings. i sent the email i put in my weekly report, i made committee presentations, my current people in the hallways at the bottom. i'm not a shy guy. and 320062007. the volumes kept increasing, and the rates of the fact the mortgages increased from 60 to an excess of 80
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percent. oh my gosh. been in yet. nothing would happen. they continued to sell them and guarantee to the purchasers the thing that our guidelines. so i knew somehow this had gone up very high in the organization. i knew somehow i had to get to the board of directors. but how do you do that? and i was agonizing over the ash when on november the 2nd of 2007. it hit all of the press that they were calling an emergency board meeting for that coming sunday, november the 4th and it was in the crash bed that charles krench was going to resign at the board meeting as chairman and robert reuben was the one to be named german of the port. that's it. yeah,
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that's how what my warnings to the board meeting. so the next day on saturday, november the 3rd, sitting at my kitchen table. i put together an e mail. i addressed it to robert reuben, who was was name chairman of the board the next day. and i also sent it to the major executives, the chief auditor, the chief financial officer, the chief risk officer. and i told them the story about how it been if, when warnings for a year and a half. wow. because i knew under sarbanes oxley, i knew they were legally bound to tell the board can count investors that those as fraudulent activity going on. well,
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it's a, uh, i got their attention, all right. i subsequently not to come back to the bank and this was not a fun time in my life. i imagine not going back to that period. you were clearly a detail person. you were looking at the numbers, the charge, the graphs, the complicated data related not just the economy, of course, but to the banks holdings and loans. you saw this troubling pattern. you went to the banks, executives about it. and the reaction then was well at the beginning to just ignore you. why is it, why is it that they chose to ignore you? because obviously they have access to the same kind of information that you had. you are the one who are supposed to, who was supposed to be sort of the, the, the analyst for them. so why, why did they just dismiss you? and no one could argue with what i was saying. these are just
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technical exceptions. you know, there's no fee, but this is tony, you know, we're gonna have watches on this. and of course this was while the bubble were still expanding and yet have those losses. and i say ok if it's, if it's simply a policy issue, it's technically against parts and change the policy what i couldn't do that. but the real reason, in hindsight, john is this was a very boss, suitable business model of buying defective mortgages and selling them. and by the way, this wasn't just was, this was with other mortgages. the other mortgage companies were doing this to, on a very wide spread stages. and this was drawing up for me in this amount of incentive compensation that went into all of the managers pockets. so if they were
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gonna take any action on what i was yelling about, they would have had to have each again shut down this very profitable business model. and of course, you know that that would have personally been pretty honors to uh, to some of the executives in law. so they, they, they to keep, continue collecting money and ignore me. but i wasn't through what city? well i'm, i'm curious when things began to turn for you personally, you are providing information based on years of experience and analysis of the data that could potentially have saved citigroup billions of dollars. but as often happens with whistle blowers you were silenced, you were essentially suspended and thrown out. at what point did that happen when citigroup turned on you? were things already going down the drain economically? or was this still at the, at the height of the bubble?
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as you said, this was still really at the height of the bubble. why did it get it? not completely turned. yeah, it was, it was starting to and um, you know, if uh, if anyone paid any attention to what i was talking about, you know, the numbers were climbing the delinquencies. uh, uh, you know, the 1st payment, the falls. uh they were going up again. it hadn't fully shipped yet, but there was no doubt where this is gonna be at least heard. let's talk about your mindset at the time you had been paid to do a job to advise the bank based on the economic data you had done exactly that. your 1st ignored and then actively punished. when did you decide? all right, i've had enough. i'm going to go to the authorities and, and this is really for my own edification. did you consider yourself to be
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a whistle blower at the time? you know, yeah, no, i didn't know what i learned as it was obvious. this was going to blow up. it was my responsibility. i took this very personally that i needed to warn them. i mean, that was my job. i was a business chief of the wire and after they had thrown me out and i wanna end up, that's one i want to know. this is, this has got to be stopped before it. you know, really clauses have it in the car. and that's when i went and i testified for 2 days while before c c in washington, um i actually gave them and this was in july of 2008. i actually gave them a 1000 pages, documents showing the man sheep for that was going on within the city. and
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these, these young prosecutors and there were some of the vision they got really excited me and i and we are going to show this. and then 3 months later i then i never heard anything from them. 3 months later was when citigroup was bailout in 3 separate bailouts, where they received close to the $500000000000.00 in capital in toxic asset guarantees. plus they received another $2.00 trillion dollars of secret low interest loans on the southern reserve. we never for them that are about that 2 years like the end of the united states government took ownership and they did not nationwide, but they took ownership of 36 percent of the world's largest bank. and the fcc has refused that they've locked up my testimony. they were
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really nice. and there's, there been many request under the freedom of information act to release some of the, you know, a testimony that i gave them and they have totally refused saying that the documents are confidential and trade secrets. so i guess that includes the fraudulent representations which were given to the purchasers of mortgage backed securities, which the s e sease on public website, where the securities were registered. richard, please stay with us. we're speaking to city group whistle blower. richard bowen about his actions during the economic crisis of 20082009. stay tuned. we have a lot more to come. 2 2
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the, [000:00:00;00] the, the, the, the welcome back to the whistle blowers, i'm john to reaku. we're speaking with the city group with of lower richard po and who tried repeatedly to warn the bank. bad prime and subprime mortgage loans could
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sink the company as the economy began to slow. he was ignored and then punished for his revelations, even though he did it in exactly the way that he was supposed to do it. richard, thanks again for being with us. that, thank you, john. richard, i'm curious as to how far the company went to punish you for your revelations. it seems that so many big companies as well as government agencies simply don't care that we have whistleblower protection laws in the united states. the revelations you made should have been protected by law. so what happened once the company lashed out at you? i know that you eventually went to the government accountability project. one of the most important whistleblower groups in the, in the united states is that when that happened? well the, um, i actually that i did not originally go to the government accountability project. i'm very sorry that i didn't,
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i wasn't aware of in the beginning. i started out with 2 separate attorneys and this is one thing i caution everyone about is i get good legal representation. my attorneys are very quickly figured out which side of the bread the butter was on, and it was not my side. and then i was later introduced to the government accountability project, which i know you're familiar with. oh yes. and they absolutely wonderful when they took over with their marshal and they started guiding me through this quite frankly, that's one of the reasons i think i survived the ordeal. is because i have the government accountability project on my back. and they have that with their legal prowess they, they protected me and really i great group of people. yes. yeah,
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they are. tell us more about your testimony before the securities and exchange commission and then later, the financial crisis inquiry commission. at what point in your whistle blowing, did that happen, and what was the reaction from your former bosses and colleagues at city group or? well understand i was already gone when i was so grown out, i guess this was in the early 2008. and i really had no interaction with the, with my former colleagues, and quite frankly they um, they were very cautious of interacting with me also because i obviously had quite a stigma with the bank. um, but you were talking about the cc, you know, if you, you could, if you think about it and you can sort of understand what the fcc was doing. and this is
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a sad observation. but if they ever did release any of the 1000 pages of documents that i gave to them, then they would basically have to admit that the united states government has full knowledge of the mass sleep mode that was going on within the city group before they pay you the amount and that's why they have continued to cover this up today. in spite of many request under the freedom of information act, they still will not release any of those documents. richard, a psychologist to study, whistle blowers have concluded that they have a very highly defined sense of right and wrong. far more highly defined than the general population. but at the same time, people who blew the whistle on wrong doing almost never make of financial. come back. how have you fared in the 14 years since you blew the whistle at city? well, i will try you a. i became
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a professor little county at the united at the university of texas, dallas. and i attribute that to my sanity to be able to work with these young people. and i am a cpa i the accounting background and to be only work with these young people in the end. why to prepare them to at least be conscious and aware when they join corporate cultures. and so that is, that is really now i recently retired from the university and i still speak on the subject on ethics. but um, you know, my, my being able to be a professor. i actually was a, was a haven and uh uh, helped me as i finished up as a matter of fact when i went to the c c. and when i ultimately testified,
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and we haven't talked about the she had before the financial crisis in for a commission. i was, i was a professor at the university of texas now. excellent. and are what was their reaction like because, you know, it's, it's so often that uh, that really any large organization, including universities, are risk of risk averse. and here they've got a professor who is in the news he's testifying before the securities and exchange committee for commission rather on something that's arguably the biggest economic story of the last 75 years. they were okay with that. they treated you well. i understand. i never told the university, i did tell a few people that i was testifying before the cc. the only time it was widely known that i had testified was after i had testified the funding and
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inquiry commission and received all the publicity that went along with that. so it is the, it, the school has been very, very supporting the, the, the dean of the school of man. and it's not, he has been aware of everything that is going on and he has, he has supported me as well as the, the rest of the, the rest of this little, little ministration of it. and then some, stan, it's been exceptionally rewarding. it truly hash, ma'am, i want to tell you about an experience that i had with the securities and exchange commission and i want to get your reaction to it. i was the chief investigator on the senate foreign relations committee from 2009 to 2011. and there was a large scale ponzi scheme that had taken in thousands of americans for billions of dollars. and so the c c was supposedly investigating this thing. i wanted to
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at least begin an inquiry up on capitol hill. and so i went to the c. c for a, a, a previously scheduled meeting. they, they wouldn't let me in. now i had scheduled a meeting in advance. i had transferred my security clearance to the c c just so that there wouldn't be a problem, but they would only meet me in the lobby of the building. and then after the meeting was over and i went back to my office in the senate, they emailed me and asked him very politely, if i would please drop my inquiry. i wouldn't. and they went over my head and they called the chairman of the committee who was sitting under john kerry at the time my, my boss. and he forced me to drop the inquiry. what was the reception like for you at the cc? because the, the reason i ask this is the fcc is supposed to be the good guys here. this is what they're, they're in the position to do to investigate these kinds of allegations. it sounds like you had not such a great experience. i certainly had not such
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a great experience, but i'd like to hear your side of it. you know, again, uh, from my side of it they were initially they, they have tremendous initial enthusiasm as again these investigators, uh, these, the, some of these were prosecutors and, or unfortunate division. they got very excited when i was talking to them and going through the evidence that i was giving them and who was only later, you know, very short while later that obviously they received word from on high that they were to drop this and cover it up there there's, that's the only explanation. so really hearing here testimony was, was never made public. know then people or subsequently know now they have refused continuously to refer to release any of the 1000 pages of documents that i
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gave to them. and there's been, there's been a number of publications in new york times actually investigated, everything that happened. and in september of 2013, they actually wrote a full page op add in their sunday edition, explaining what it happened to richard bowen and how he had been muscle. and it was a boy not only as the fcc, but also at the financial crisis inquiry commission. i would like to thank our guests, richard bohn for joining us and thank you to our viewers for tuning in. there are very few people or companies who are publicly opposed to whistle blowing. after all was the blowing is always in the public interest, but support for whistle blowers is usually the exception. rather than the rule. the economist magazine said many years ago, whistle blowing is good for society, but bad for careers. it should be good for both. that's where we come in. evidence
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of waste, fraud, abuse or illegality shouldn't be shouted from the rooftops, just like richard. but what did? we're right there wrong. let's keep it up. i'm john carrie, otto and you've been watching the whistle blowers until next time. 2 2 the look forward to talking to you all that technology should work for people. a robot must obey the orders given it by human beings except we're so shorter is a conflict with the 1st law show you live in just a patient. we should be very careful about visual intelligence at the point, obviously is to makes a truck rather than fit the area. i mean with the artificial intelligence we have so many with the in the
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a robot must protect this phone. existence was on the the headlines right here. we're not the international as a ruptures. defense ministry says, but the church and ministry unit called box has been ordered on the offensive and gone fast while in odessa, russian, the 4th assign ukraine's last naval best guns, which something was thought by the american or any other overseas investigators. then in general, you need to know your place and not get into other people's affairs. we never violate international norms, but our western colleagues to violate their brochures of 4 minutes. so taking a swipe of western assets, huge during his tour of africa while hailing independent decision making for the
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continents culture. washington tries to convince new dallied had joined the navy. tov flushed, a lion of phasing. so just like us myself, i'm trying to fit india against china. the color i lot of flesh points in the world on this wednesday is we're now moving into a thursday, june the 1st at just off the midnight local time here and most. so the church and ok mazda armed forces unit has been cool to go on the offensive and bone bass sits according to the russian defense ministry. goals are out of the do cranes, life naval war ship has been destroyed in the port city of a desa almost goes as a high precision strike hit the ship. there are some unverified images repeatedly showing the moment of the strike. with more details on these developments of these steps we of these uh, special operations policies. this is a unit by you staying uh chechnya has started, somebody could volunteer against ukrainian to, to make
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a ton of money and cut another suit about 30 kilometers to the west. of a don't yet, this is up to the crews will. this is a ukrainian stronghold, i mean, just being used to going to attract so on a civilian navies on residential areas since fighting begun in 2014. now we also heard the ministry say that ukraine had lost some $200.00 soldiers in the throne, yet screeching along with a range of military hop. and now this includes uh, a number of, uh ahmed vehicles and transport vehicles. and at least uh, 2 of these uh, multiple logs will consistence of the game use so effectively into deadly effect on the civilian populations have. and as we heard in a piece that the last ukranian warship has also been strong, struck uh, some cause of all the off. it was struck in a presentation striking to pull the city of a desk. so now it was somebody the in the last 24 hours, the russian defense system,
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which of working so hard to keep it on boss region save up down to a number. so they said 12 rockets launched by the us applied high miles system, along with one of the storm shadow is a these are the long range missiles that were supplied by the british government as announced by the defense 63 ben boys in mid may. now this comes is like just developed, these latest developments come off to at least 5 people believe to be construction work for killed and at least 19 were wounded in ukrainian. ok. talk on a post to form in newtown square. the latest developments you can probably, hey, maybe perhaps shedding, there's been a tax on the residential instability. there is a cost on the city today. we've seen smoke billowing all through the roof is of impact to don't know target. so these latest developments will potentially bring
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something for relief for the people of don't pass who of course have come on the day, the a talk for the last 9 years. meanwhile, in lieu guns got 5 people killed, 19 wounded in ukrainian, showing a local poultry farm. and the village of cup of coffee was reportedly struck. show you some of the altima from damage done to buildings and vehicles, as we understand the dead, to believe, to be civilian construction workers in the town of ship eco and rushes belgrade region that was also hit over night. at least 4 people wounded. there will show you some images from the scene, a residential buildings damage. some cause destroyed, follows another attack on the border area earlier this week, which left us civilian data and 2 more wounded. when a refugee center was fed, local officials have now begun to evacuate the children from several board of districts, the 1st group of 300 leaving the region today. the washington ministry, a to ukraine. it needs a review. well, that's according to us, congressman, you hung omar. she says a tax on a russian territory,
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including the region, drug and stripes on moscow. i would call for a new calculation. there is an escalation where you cream is now sliding inside of flesh and causing lives to be lost in that regard. but then you would have to make a different calculation if there are ukrainians that are now attacking russians in russia. that changes as well. this comes in the off the mouth of ukrainian drawing strikes on moscow and the region a one civilian wounded during all of that, which have been called x, a terabyte flooded my food. and eventually they were in response to the russian shelling of the ukrainian military intelligence headquarters. several prominent western politicians have said that kia has every right to attack russian territory . but i spoke with the april times reporter, liam calls grove, who got the statement from the congress woman to believe the washington in key. i need to stop escalating the war to avoid
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a final nuclear exchange. i think the response is interesting and i think it is a bit helpful that we are insured towards the potential for peace talks. um, you know, she was dissenting with a lot of her democrats colleagues by saying that, or at least some of them, that is the official by an administration position as well as that we do not support traits on ukraine. but at the bottom, ministration refuses to talk to boot unless the wednesday is present, but to doesn't want to have them with. so in c, i for, i don't know what all the details are, but i would just encourage, you know, all parties to start talking in some way whether or not, you know, gets perfect set up. i will start talking, you know, there's been reports in the us that kind of like anonymous reports that the us and ukraine are actually willing to give up. try me. yeah. so i think that's a great starting point in terms of negotiations. but yeah, in terms of the people who keep escalating this for i think some of it is ignoring . so i think they, you know,
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they think the war started in february of 2022. they think students, hitler, and that's, you know, just isn't the full story of like our involvement, the us involvement in the elk grove. you had a cove, it's so part of it is misunderstanding the war. but regardless of your understanding of the war, you need to recognize the risk of nuclear war. and you need to be a talking to avoid that africa's desire to find a new equal place in the modern world and profit from its own natural resources. as one, the backing of moscow. russia is totally different document the comments, while the most i'm be the latest legged as latest africa to that's the good news. which of africa does not want to return to colonial times. it wants to make the most of the natural resources it possesses and not just to trade raw materials that have been exported from here for centuries, but to make products that will have added value and be in demand. and of course,
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today's africa is immeasurably more aware of its identity and is increasingly insistently demanding for itself an equal place in the emerging multi polar world order, including 2 proper and fair representation in the un security council, which russia supports quote. so to get all of those visits and balls and they can be a pest, concise that followed after i think provides very good snapshots of the changes happening within the international system. because many african countries, as we have been reporting for all of this visit, have taken the position of neutrality. when it comes to the conflict in ukraine, they refused to succumb to the west. some pressure to impose sanctions against russia or terminate financial energy. other sorts of deals with the russian federation as to the level set today of the press conference. this is demonstration that africa is not what it used to be. you know, africa wants to be treated with dignity. it wants to be treated with respect. it
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doesn't want to be a rubber stamp in the united nations. it wants to take a self interest of constructive and substantive role in international affairs. and mozambique is a good example of that because it's a country that has had a productive relationship with mosca ever since its independence in 1975 has a pretty vibrant industrial cooperation with the soviet union. and the one thing i want to mention is that most on pick itself is no stranger to arms conflict, its face the very bloody civil war. back in the 1996. it is still suffering from militant insurgency in the north of the country, but the position of mos on because that all conflicts need to be settled through direct dialogues. so we stress the need for the entire international community to seek local solutions to local problems. our present emphasized the role for russia in the mediation of numerous conflicts, including the cleaning conflict. in particular, the chinese initiative, emphasizing the need for direct dialogue between countries. she also welcome the
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efforts of the russian federation to organize the 2nd rush of africa for them. unexpressed readiness, if necessary, to contribute to the establishment of peace and good neighborliness between russia and ukraine. now, uh, there was also a very interesting question about the rumors surfaced by the american ambassador to south africa about the suppose it trade a weapons trade between south africa and russia and russian for ministers sub. if american ambassadors have any issues or doubts about that. they should mind their own business, use the media if something was stopped by the american or any other overseas ambassador. and then in general, you need to know your place and not get into other people's affairs. as for the topic of arm supplies, i would like to emphasize once again that we never violate international norms, but our western colleagues do violate them. they declare neutrality with regard to

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