they gave us some opening information and it was about carl lee the to this day, the authorities believe he's here in one of ages, most important ports, cities. it's about 1000 kilometers to the south of karl lee's home. a long day. not far from the border with north korea metropolis, a millions that profited in the nationwide economic boom of the 1980s the at the time the nation was opening up to the west. thanks to hans dang shopping. now, successor p set up special economic zones in china, where for an investment was possible that's how dang, broad capitalism to china. the in 1984, he also may dial in a special economic zones. it's not possible to say precisely when carl lees family ended up there. despite meticulous research, no details of his use exist. people that knew him didn't talk. the authorities divulge nothing. as though issued with a blanket directive to remain silent. rumors and vague scraps of information are all we have to go on. it's thought he attended a school in dialing in named number 24, an elite school for the children of high ranking party officials. that wouldn'

the company has existed since 2006 a quarter of the shares belong to carl lee and the rest belong to his younger brother, lee fond on the sidewalk, naturalist. the question was, of course, it isn't an industrial ruin. no fuss. is there anything left of it? i t or one are graphite products still being actively produced? they are tired. a question that can only be answered in close quarters. the mother seemed bored in the, at this, when you approached the building this to you, it almost feels like an industrial ruling. let's go through the complex where you get the sense, but nothing's happening there anymore. and then you spot areas with the latest surveillance technology loads of cameras, watch them, anyone approaching the site, hard to factories, probably clinton down the investigation could be brought to an abrupt end at any moment. but instead the opposite happens. come to us, could we get into political dean? you can easily enter the plant grounds. the gates are open. find interesting way. there was no one there to speak to at the time time a team on had this question come on the

and those are nice and kind of where is carl lee? and why is no one in washington talking about him anymore? at the beginning of the binding ministration, i need some general inquiries about carl lee. i and 0 ship not silence in the you know, i'm a former intelligence case office. i've been covering this the high and other invalidated 3 years. so i wondered, well, maybe we jump hoseley fun way. maybe he's our guy now carl lee, a double agent betraying his own business partners to the enemy. it's a bold theory, but there certainly have been such cases in the past. i mean, i have no evidence of that whatsoever, but that's the way my mind works. i mean, i couldn't find any other logical explanation why the us was suddenly go silent about the fun way. but you wouldn't have a very long life in china. i mean, c, a is operations in china from public reporting. we know a bit of disaster. there's security lapses allowed dozens of c, i a sources in, in china to be rolled up and thrown in jail or executed. so the and then a new lead appears onl

how is she connected to carl lee? did she just let him use her address? maybe she's known him since he was a child from their homeland in the far north. i sent off call you back when we asked about carl lee for response was that she didn't know how to contact him to you and then relatively quickly she referred to her age, telling us she was over 80 boss. and then it was our job to find him to feed to this day. this apartment here is the official h q of dallying colorado industry. the, at least that's what it says in the chinese companies registered in this story, every answer leads to even more mysteries, such as the question of who is behind a website, who is leaf on with the one thing we do know, the administrators don't want anyone to know who they are, they've opted for an anonymous domain registration. the content of the site is increasingly strange and elaborate the, the message of this comic is the unscrupulous and profit hungry arms dealer. carl lee has nothing to fear from investigators and prosecutors because he can always hide behind the chines

according to the chinese companies register, carl lee's father league region had himself listed as the company's legal representative . on the 4th of june, 1998. this company was the seed for karl lee's commercial empire. the israel east gave us some of the substance and content of certain emails that showed references to w. m. d, and other materials for weapons procurement, missile production, things like that. the we would work until late at night. we order in pizzas, piers, and just work on this thing all the time. the prosecutors, we're in luck because in one particular aspect, carl lee had been extremely reckless. some of the email addresses were from us providers, hotmail, or yahoo, because they were in the us. there was a procedure to get access to this content of those emails from the email service providers. so we had a starting point. we had some very talented, tenacious prosecutors working on the case. and they just dug into the information they were making connections. what they found trumped all their findings. to date, the investigators stumbled upon in new or bold transa

and so, within a few years, carl lee became the trusted supplier to the iranian weapons industry. the israel spy agencies also stumbled upon kara lee at the turn of the millennium. they feared the business men from china could increase the range of their arch enemies missiles. with dramatic consequences for israel it was more than 20 years ago when the iranians k 1st signed to north korea asking for besides, too bike in the middle school. and it will very um, open towards the needs. and they say we have here on the shelf. besides my, as many as you want to see what any question was very interesting, what is the range of to me sense? and when the newest korean told into the range is 1000 kilometer the say we don't. but if you easy, less than 1300, we don't need and we all want to do maps to see what the 3 hundreds we added to their capability. it was really clear the use less than getting into the office the we've done the 32 bucks, a difference of 300 kilometers to potentially cause hundreds of thousands of states counties. this method will you heat, you keep so crowded into cues.

>>> good wednesday morning i'm carl quintanilla with melissa lee at post nine of the new york stock exchange. setting the agenda, lori ca calvasina is with us marco papic is with us >> later on former jetblue ceo david neeleman talking some of the significant airline dlecline across the market. >> the third quarter this month of july, the dow is down by about a quarter percent. s&p 500 basically unchanged. the nasdaq holding on to just a 1/10 of a percent gain here. of course, we had factory orders that undershot the deceleration from april and also looking ahead to fmoc minutes, that come out in just a couple of minutes. >> get a little color on that last meeting our next guest isn't quite bearish yet. her year-end target warning of worrisome market sentiment, focusing on the resiliency of markets going into an earnings season that will give us some clues on how the rest of the year will play out lori calvasina is here with us on set lori, welcome. >> thanks for having me. >> you've got to feel pretty good about the range you've given the year so far. >> we've said all year -- first of all,

i'm carl quintanilla with melissa lee. setting at again da today, citi's ed morris on his second half outlook on crude and bearishness on brent. >> why the lack of fundamentals is a bubble waiting to burst. >> later, ben silverman on whether the amazon cost cuts should take place. >>> let's take a check of the markets. it's the yield curve that's the story in today's session the two-year yield hitting its highest levels since 2007. this is a fresh cycle high the ten-year also going up it's that spread that's of concern. it's a five-year offering another place for investors to go as an alternative to stocks that's concerning here also, of course, that's a damper on valuations. that's exactly what we're seeing play out in the market today with s&p down by more than 1% at this point. >> premarket was already negative and then we got the labor data, claims about a two-week high. obviously, adp double expectations hasn't been too many firms changing their estimate for tomorrow, but adding that line, there is upside risk to our

. >>> in 2021, that same suspect, james lee ramsey assaulted oakland chinatown leader carl chan. he was able to take pictures of ramsey after the attack that helped oakland police track him down. ramsey was convicted of the assault but hate crime charges were dropped as part of a plea deal. >>> kaiser permanente workers are on the picket lines at 40 facilities across the state to protest staffing shortages. 17 of the facilities are in the bay area. a union coalition representing more than 85,000 workers nationwide is demanding major changes in the new contract. the old contract is set to expire at the end of september. they say because of the staffing short tables, working conditions aren't safe, especially in the wake of the pandemic. >> we want to make sure that we are here. we want to take care of our patients. who is taking care of us? nobody. >> the workers need larger pay increases because more and more employees are leaving kaiser to work elsewhere. kaiser said in many reasons it pays above market average. kaiser released a statement saying, quote, given where we are in th

. >>> good wednesday morning i'm carl quintanilla with melissa lee at post nine of the new york stockri ca calvasina is with us marco papic is with us >> later on former jetblue ceo david neeleman talking some of the significant airline dlecline across the market. >> the third quarter this month of

i'm carl quintanilla with melissa lee. today, citi's ed morris on his second half outlook on crude and bearishness on brent. >> why the lack of fundamentals is a bubble waiting to burst. >> later, ben silverman on whether the amazon cost cuts should take place. >>> let's take a check of the markets. it's the yield curve that's the story in today's session the two-year yield hitting its highest levels since 2007. this is a fresh cycle high the ten-year also going up it's that spread that's of concern. it's a five-year offering another place

lee cowan steadied his sea legs to take us on trunt. >> reporter: carl allen is a fisherman's fishermanbahamas since he was 12 -- never missed a year -- to this small island of walker's cay, where he likes to say the bonefish meet the billfish. >> there we go. a little blue runner, actually, there. >> reporter: but as an adult, it wasn't fish that brought him to this southwest corner of the bermuda triangle. it was the legend of a long-lost spanish galleon. i am a treasure hunter. i fully admit it. >> reporter: the "nuestra senora de las maravillas" was the kind of treasure ship that would have even made the pirate blackbeard blush. onboard, untold riches plundered from the spanish new world. but on one dark january night in 1656, disaster struck. >> there was some miscommunication. the "maravillas" turned, and the other ship turned, and it rammed the "maravillas" midship. these are probably from salvage efforts of the "maravillas" by the spanish. >> reporter: michael pateman is curator of the bahamas maritime museum in freeport. it went down how fast? >> less than an hour. >> reporter:

ktvu crime reporter henry lee was in court and is here now in studio with the latest. henry well, mike, oakland chinatown leader carl chan told me he was very worried after this man was sentenced for attacking him because it came with no prison time. it turns out his fears may have been justified. a mentally ill parolee with a troubling history pleaded not guilty tuesday in the unprovoked attack of an 88 year old woman of asian descent in san francisco. our elderly asian community is in fear every day of walking down the street because of situations like this. san francisco da brooke jenkins says. 27 year old james lee ramsey kicked the woman to the ground near ellis and market streets at about 1115 friday morning. a witness saw the attack and held ramsey until police arrived, but not before he allegedly hit the witness as well. ramsey has bipolar disorder and schizophrenia, according to his attorneys. we have to make sure that people understand that there is accountability in this city. when a crime like this is committed. ramsey is the same man convicted of attacking oakland, chinatown leader carl chan back in 202

carl cannon. he's right behind here. so can we amble over there. he's. i want to introduce you to someone someone. gary lee and i were college together, and i don't think we've seen other's gary hammer yet. when i was at smith before i went to yale and we were friends and he created fantastic marriage. and every since he's been great. she's has a mercury. donor, a writer. i try we all talk. i was the editor of real clear politics. real clear. the head of the publisher. and carl and i, each other from san jose mercury news. so really and gary was a reporter, older we look he wrote for the washington post and he was of the bon bureau in moscow in moscow. so he always thinks german russian and french and his partner's from peru so spanish to me how they know everything, you know, where are you now hear and. see for whatever i'm back here and talk. he also writes for the tulsa managing editor of winchester newspaper area has been around for hundred years. the managing editor that's the area where there was a run. there were riots there. it was like 19, 21 just now. you're not covered that way. no and go. we do

i'm david faber with melissa lee live from post nine of the new york stock exchange. carlra have the morning off. >>> we are actually turned lower on the nasdaq, the s&p. let's call it flat right now but you can see where we stand with the dow the only -- not even -- about the same futures had us up. now we're not. >> we are 30 minutes into the trading -- what do you want to say? virtually unchanged. there we are here are the big movers. starting off with ford, jefferies downgrades the stock to a hold, lowering its price target, citing concern around guidance of the electric e mort vehicle. adobe, 660 to 510, the company will benefit from a.i. powered products sofi posting a narrower than expected loss, adding to its yearly gains up more than 140% in 2023. ceo anthony noto will join us to break down those results. >> speaking of results, it is a busy week of earnings. we have big tech in focus. investors look ahead to not only reports from apple and amazon two of the largest, but coinbase, amd, uber. you can take a look there at what's coming. bring in market commentator m

attacking oakland, chinatown leader carl chan in 2021 is now in jail again for an alleged second unprovoked attack. this time in san francisco. 27 year old james leeamsey pleaded not guilty today in the unprovoked attack of 88 year old asian woman last friday. according to his attorneys, ramsey has bipolar and schizophrenia, schizophrenia. his conviction two years ago came with no prison time. and we have new information right now about the police activity that shut down all eastbound lanes on the bay bridge late this afternoon. the chp tells us they received a call at about 440 this afternoon about a woman driving recklessly and brandishing a gun. she eventually stopped in the middle of traffic, got out of her car with no clothes on and started firing off her gun. officers say when they arrived, she refused to drop her weapon, but eventually did. so she was then taken into custody. so far, the chp is not aware of anyone who was hit by the gunfire. we can go to our traffic map now. you can see that traffic is still backed up. so anyone traveling eastbound on the bay bridge should expect long delays again. officers have reopened the lanes, their tr

crime reporter, henry lee is joining us now live in the newsroom with the latest details on this latest arrest. henry. well, alex and heather, he was charged and convicted of attacking carl chan, a familiar face in oakland, chinatown. now the same man is under arrest in san francisco, accused of a second unprovoked attack. now, mentally ill parolee with a troubling history charged with the unprovoked attack of an 88 year old woman of asian descent in san francisco. 27 year old james lee ramsey accused of kicking the woman to the ground near ellison market streets at about 1115 friday morning. a witness saw the attack and held him until police arrived, but not before ramsey allegedly hit the witness as well. ramsey has bipolar disorder and schizophrenia, according to his attorneys. now ramsey is the same man convicted of attacking oakland. chinatown leader carl chan back in 2021. chan was knocked to the ground at eighth and broadway. now, although bloodied and dazed, chan took these photos of ramsey and which helped lead to his arrest. now, since ramsey is mentally ill, the judge opted not to send him to prison, instead ordering him to spend 18 months in county jail and t