i'd written a case about dean cayman a few years before that, and you know dean cayman for having invented the segway personal transporter, but it's actually not his most important innovation. >> it's sort of his biggest flop in a lot of -- >> and it really bothers him that it's the thing people know him for. his biggest innovation was the portable drug fluid pump and also the portable dialysis machine and prosthetic arms and ibot -- >> yo, i didn't -- my nephew has one of those. >> you'll have to write him a thank you note. dean cayman and steve jobs had some strange commonalities that at first i didn't understand how they could possibly be hit to innovation. then it hit me, i'm going to study eight serial breakthrough innovators, set up a rigorous process for selecting them so that there's no researcher bias. and i didn't even care if it turned into something i could publish. i knew it was a high risk project, i could find nothing useful or have it be all call tative and the control group is the rest of us. but i did it because it was pure fun. and it was so fun and so illuminating. and

getting in on it's not just a matter of black and white or even the states, these ladies are from the cayman islands. russia anyone. yes, i did say russia. get it >> where did they get those in russia? >> it doesn't matter. the internet is alive and well and if all black people had gone to see this movie it would have made a lot of money but the fact is that everybody can go see it and enjoy it. >> the biggest opening ever. >> that's right. and the numbers keep going up, up, up and up. and i'm here for it. >> they're attempting a 24 hour challenging floating among the waves of florida. >> we started at 6:25. 6:25 official start. >> they have plenty of snacks, fishing poles and even entertainment. see if they're able to survive this adventure. >> that's not a good idea. >> and if you don't mind needles, this beauty trend may be for you. >> she is going to start to insert the needle. >> find out how it works. >> oh, man, folks. -ahh. -the new guy. -whoa, he looks -- -he looks exactly like me. -no. -separated at birth much? we should switch name tags, and no one would know who was who. jamie, y

they're going to cayman but they would much rather come to puerto rico and pay four percent just like they go to switzerland instead of you know as zero tax jurisdiction that maybe is not the place they want to live or operator or such clarity like they pay six percent in switzerland and i think that they will pay four percent and you could get a billion dollars of i.c.'s coming into puerto rico if there's a little bit more clarity and they kind of follow the wyoming lead all right let's dig into some technicalities here and i want to spend a long time on this but i think it is interesting to act twenty x. twenty two these are some of the minutia you encounter when you make decide to make a move like this can you kind of encapsulate in a minute the difference between the two just i just find this interesting michael just kind of brush on the tour so i'm not a lawyer or an account and i used to vote him in desmond's of video there's a lot of great folks down here who know their stuff so act twenty two is the one that is for individuals for investors every year they made it a little bit

have our three banks all set up here maybe something in your something in america something over the cayman islands or do we do all these banks are complicit in their tough talk received a soft. money to do some serious money laundering ok let's see how we did while we've got a nice luxury watch for max and for stacey beautiful jewelry and how about. luxury automobile again for max you know what money laundering is highly. watched keyser of course. they're not ones up to close enough limbs off let down one by its nature the definition is an alibi and the. one seeking that he needs. to. take in the not equal city in the south yes it did me good docs to get the gun and then you're just going to bring the police i think. young would be excuse my not. going to let you know we're not beach this week. south. to the next guest feeling if one means a leftist i know the deep but let me show this them tokio find it is going to keep going to him. to lay. out. his work was because did a piece against him quite a cultural thing i pulled the trendiest. well you know the part they were kind of adopted bec

-- virgin islands, then to cayman islands. the u.s. and the u.k. that are the two countries meet these criteria. rule of law, anonymous companies allowed on a big scale and significant financial. guess is that 80% -- is in these countries. $300 billion is laundered into this country every year. it is a big estimate, but it is big. this is not only russia. $125 billion is another number. get $20 billion or so from russia coming into each of these two countries. then you wonder how much of this is being caught. i would guess about zero because we do not know who owns these companies. they sell companies before they set up new shell companies. taken into real estate. real estate is excluded from the patriot act of 2001. the u.s. banking system is very clean, and the u.s. has cleaned out most of the banking systems in the world. thanks to the patriot act. one of the ways into the u.s. is through law firms because money attorneyd by privilege. these are massive amounts of money coming in to the u.s. in this fashion. and in a simila

poor mitt romney had a small cayman islands career. built his career, made himself financially independent. and they railed on him for his cayman islands account. then they started these negative campaign advertisements that he gave a woman cancer in the middle of michigan. this is what happens in our society, in our politics. you can dislike the president. he is a very good campaign strategist. the decision not to put out is very complicated tax structure and system was probably a good one because it took off the table all of that negativity. >> yeah. but what about truth and transparency to people? are we too dumb to figure out his taxes? >> you have his taxes in. >> no. i would have had experts go over it and outline any issues. >> the people voted. >> they didn't have full information. >> warts and all. >> we're steep in investigation largely looking at exactly -- >> they had full information that they didn't have full information. >> they had full information that they didn't have full information? >> that's exactly right. >> i do

three banks all set up here maybe something in your something in america something overseas or the cayman islands or do all these banks are complicit in the kleptocracy we just have to deal with all it's a journey to do some serious money laundering ok let's see how we did well we've got a nice luxury watch for max and for stacey old beautiful jewelry and how about. luxury automobile again for max you know what money laundering is highly illegal thank you so much guys of course. in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than for knox swiss customs are here permanently all the site is controlled by them and they impose the opening times. opposite the possibilities from is all plus the procedures in place of the strictest in all europe masterpieces by artists like pecan so and modigliani i can't boards and sold inside this warehouse that's where the report comes in it covers up deals which are naturally discreet commercially discreet but also discreet because they concern fraud of some of those pa

have our three banks all set up something in europe something in america something overseas in the cayman islands it will pull these banks are complicit in the kleptocracy who decide to call and say hey i'm ready to do some serious money laundering ok let's see how we did well we've got a nice luxury watch for max and for stacy oh beautiful jewelry how about. luxury automobile from that you know what money laundering is highly illegal don't be so much as a record. fights regularly break outs between refugees of different nationalities due to ethnic conflicts back home the spray shin is everywhere and they have nothing to do and even less to lose. their refugee was stabbed at nights that's why the police came and at the same time they searched people for drugs as we tried to find out what was happening heard there was another fights involving the guy with the broken arm . our guy started running so we followed. apparently the man we had better earlier spots the group that had broken his arm and asked his friends to help him take. the little home. mammoth to the home of the brothers who won

three banks all set up here maybe something in europe something in america something overseas in the cayman islands or do we do all these banks are complicit in the tough talk or say we just have to get much gold and say hey i'm ready to do some serious money laundering ok let's see how we did while we've got all got a nice luxury watch for max and for stacy oh beautiful jewelry and how about. luxury automobile again for max you know what money laundering is highly illegal don't be a close watch guys are of course. field plot three hundred kilometers from new orleans far away from tourists jazz and muddy ground the small town is the gateway to state prisons in a city of seven thousand seven hundred arrests in two years very large number of federal authorities investigate through this man john came back to sampson. was about. you know again. i'll come go pay it back by now. he's looking for witnesses. he was born here everyone knows him a. former soldier decries betray a rest in a city where no one talks without him would be lost talking to residents would be impossible especially with a cam

three banks all set up here maybe something in your something in america something overseas in the cayman islands or do we do all these banks are complicit in the tough talk or say we just have to give him a call and say hey i'm ready to do some serious money laundering ok let's see how we did while we've got a national dream watch for max and for stacy oh beautiful jewelry how about. luxury automobile from that you know what money laundering is highly illegal. much keyser of course. i don't want my wagon that he will go back to life. or yours will pull you out of the. mouth and say what about and i didn't do it will always be the good is it off the. shelf home. how much he's. going to. keep it or don't or don't let you be come up to the group. come on don't you get up i live and i'm mad at that dam and the money on his i'm. not bad was going to but oh november that i say i give them that i don't know what about it but i will be his eyes it and it is about. you know. the. it's really really. was. about the summit that's one of the if you look at me let's look look look. a national day of

our three banks all set up maybe something in europe something in america something overseas in the cayman islands or do we do all these banks are complicit in the club congress to decide to call and say hey i'm ready to do some serious money laundering ok let's see how we did well we've got a nice laundry watch for max and for stacy oh beautiful jewelry and how about. luxury automobile for a match you know what money you want to hire legal. watch guys really quick. another gun some is not is not adequate place is not a good country and. the minister to live bush among us well loves. a visitor that's good at this that's just all there is. to the culture. of the culture of the sure it was from the. second christmas. just little and bias from the moment of i'm still to be a little. play almost anything and a member of the base the last second hour that john said i'm based on the other side no one can i do not believe i would miss rice from that nick matter how not eating. from a show. tonight fucking on a canal seems almost feel right now we're going to fuckin on a cuckoo vets who served in

cayman island to do all these banks are complicit in the progress that we just. need to do some serious mood ok let's see how we did well we've got a nice luxury watch for max and for the jewelry and how about. again from that you know what money is highly. thought of course. when lawmakers manufacture consensus instead of public wealth. when the ruling classes protect themselves. in the final larry go around the lists only the one percent. during the whole middle of the room six. it's a multinational of a particular kind one you all know some of you may even visit it's present across the globe and on the corner of your street. the catholic church. with its hierarchy. its communication. and its very darkest secret. that ophelia. in australia seven percent of priests are thought to have sexually abused minors four percent in the united states. we discovered the clergymen found guilty of better phoebe you are still active often in contact with children. nice to internal documents will reveal how church leaders protect priests accused of sexually abusing minors. by

three banks all set up here maybe something to do your shopping in america something overseas or the cayman islands or do all these banks are complicit in their tough talk pursued a softer give much bonus to them bernie to do some serious interest ok let's see how we did while we've got a nice luxury watch for max and for stacy oh beautiful jewelry and how about. luxury automobile again from ash you know what money laundering is highly illegal. watch because of course. focus ending the war and let's not intermingle the humanitarian concern which is the bombing of hospitals or bombing of civilians the shelling of damascus by rebel groups that's not enough for the bombing by the us as mentioned earlier this a mix of that with the political objectives which some people may still have. teaching it terror a u.k. court convicts an islamic state follower who showed school children images of beheadings and was attempting to create an army of young extremists. western media speculates about an arms race between russia and america after president putin reveals details of his country's new and cutting

they're going to cayman but they would much rather come to puerto rico and pay four percent just like they go to switzerland instead of you know as zero tax jurisdiction that maybe is not the place they want to live or operator or such clarity like they pay six percent in switzerland and i think that they will pay four percent and you could get a billion dollars of i.c.'s coming into puerto rico if there's a little bit more clarity and they kind of follow the wyoming lead all right let's dig into some technicalities here and i want to spend a long time on this but i think it is interesting to act twenty x. twenty two these are some of the minutia you encounter when you make decide to make a move like this can you kind of in. cap's lane in a minute the difference between the two just i just find this interesting michael just kind of brush on the tour so i'm not a lawyer to count and i used to about him and desmond is a video there's a lot of great folks down here who know their stuff so act twenty two is the one that is for individuals for investors every year they made a little bit to

cayman been. in the. in the. fifty years ago breaking and we've been to a concert going on as a sleeping pill and dusty so don't leave because a lot of justice would shift this thought the side effects were terrible but not on the road as shown in dodge one football that would live here not the war. across europe victims are starting legal battles demanding at least some compensation. in two ways first will the physical damage itself but as well that the constant reminder that the people who actually perpetrated this crime has never been able to justice and there has been a couple of. welcome back to the kaiser report imus keyser time now to return our conversation met a.b. writer extra there journalist all right nice guy welcome back thanks for all right so we finish up our last conversation talking about some cultural themes the the zite geist as it were you know you work over there rolling stone rolling stone has always been a barometer of the culture of the pop culture the rock altar the youth culture and tha

three banks all set up here maybe something in your something in america something overseas in the cayman islands or do we do all these banks are complicit in their tough talk or say we just have to give mccomas a camera to do some serious money laundering ok let's see how we did well we've got a nice luxury watch for max and for stacy oh beautiful jewelry and how about. luxury on one bill for max you know what money you want to hire. so much guys of course. the most expensive fish in the world each one is selling for tens of thousands of euros it continues to grow its entire life if it was thirty years old you might have a two ton fish out there and yet they don't get that big today because we're way too good at catching. it's only women themselves a much larger mission was once there and that was much more widely distributed we have politicians that are in office for a few years they have to get reelected everything is very very short term our system is not suited and is not geared for long term survival and that's why we have the catastrophe is that you. make when you have no clean wat

really is singapore and here people are going to bahamas they're going to be the guy they're going to cayman but they would much rather come to puerto rico and pay four percent just like they go to switzerland instead of you know as zero tax jurisdiction that maybe is not the place they want to live or operator or such clarity like they pay six percent in switzerland and i think that they will pay four percent and you could get a billion dollars of i.c.a.o. is coming into puerto rico if there's a little bit more clarity and they kind of follow the wyoming lead all right let's dig into some technicalities here and i want to spend a long time on this but i think it is interesting to act twenty x. twenty two these are some of the minutia you encounter when you make decide to make a move like this can you kind of encapsulate in a minute the difference between the two just i just find this interesting michael just kind of brush on the tour so i'm not a lawyer or an account and i used to vote him in desmond's of b.t.o. there's a lot of great folks down here who know this stuff so act twenty two is

three banks all set up here maybe something in your something in america something overseas in the cayman islands or do we go to these banks are complicit in the progress that we just have to give mccoll and say hey i'm ready to do some serious money laundering ok let's see how we did well we've got a nice luxury watch for max and for stacy oh beautiful jewelry and how about. luxury automobile again for max you know what money laundering is highly illegal thank you so much has a record. the most expensive fish in a will each one is selling for tens of thousands of euros it continues to grow its entire life if it was thirty years old you might have a two ton fish out there and yet they don't get that big today because we're way too good at catching. it's only when themself a much larger mission was once there was much more widely distributed we have politicians that are in office for a few years they have to get reelected everything is very very short term our system is not suited and is not geared for long term survival and that's why we have the catastrophes. what politicians do. they pu

of the end of june. 8%.ings rose by japan was the largest investor byh $2 trillion, followed the caymands, the u.k. and china. the banking regulator of new york state wants deutsche bank and two local lenders to provide information about the ties with jared kushner, his relations and the family business. he and his wife have taken on more debt in the last year since they were appointed advisers to president trump. ushner stepped down from the family business when he joined the administration. but if i has filed for a unique move to become publicly traded. this form went -- this foregoing a traditional process that goes with it. instead, the opening price and d shares will be determined on the day of list. global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries around the world. i am paul allen and this is bloomberg. reporter: thank you for that. the boj is planning to keep both packages to unhold in march. that follows a similar move in january. >> the boj has its critics. some say it amounts to stealth tapering. governor kuroda says he will do wh

suit,cayman a business the man who it never fired a weapon was all decked out in a uniform. they were talking about the civil war. bismarck was very pro-union. he said you want to save the union. grant said and also to end slavery. bismarck said, saving the union was the more important thing. grant said we thought so at first. we saw that the union could not be saved without ending slavery. we do not want to buy and sell people like cattle, and of slavery persisted will be the source of new rebellions. it is not just nationalism. american nationalism has to understand what is best about itself. if the other side had won the civil war, we would still be a nation but not one we would want to live in. out there, it is a huge force, and we have to understand it and be critical in our approach to it. john: i am going to moderate, but i will not give a long essay. one of the statements which best exemplifies how american conservatives today should address nationalism is that long quote from lincoln, in which he talked about the mystic chords of memory but also the quote in which h

after i took office i sat down with first robotics founder dean cayman, where is dean? there he is. i anyhow he was here somewhere. god bless you, buddy. [ applause ] just look for the guy in the jeans. i love it. i told him if he showed up in a suit i'd be sorely disappointed, but i sat down with dean, and we started talking about what we had to do, what we could do to promote s.t.e.m. programs throughout our state. we know dean founded first 26 years ago right here in new hampshire, but support had never been provided at the state level, so we changed that and we put nearly $1 million in a fund, a transform tiinitiative and th robotics education fund so every school in the state of new hampshire would have the opportunity, and the opportunity to inspire the next generation of engineers, and to quote dean, the kids don't build the robots and the robots build the kids, and first robotics is a perfect example of driving innovative school programs today to create the workforce of tomorrow. and part of this -- [ applause ] >> it does deserve a cheer. [ applause ] >> i was -- i just loo

the money goes tradition a ally from cypress through russia to the rich enburg islands and the cayman islands and two countries. the united states and the u united kingdom. because these are the three that are the two countries that are going to be fulfilling this criteria, the rule of law, and the enormous companies allowed on the big scale, and so it is a significant financial debt. so the reasonable guess is that 80% of the russian doing well is in these two kcountries, and th u.s. treasure are ri published a report three years ago and said that $300 billion is laundered into this country every year. as you can hear, it is a biggest mate, and this is not totally true of russia, and recently published the corresponding number, and 125 billion dollars a year. and so this is a massive way to say that we get $20 billion or so from russia coming into each of these two countries. then you wonder how much of this is being caught which is just about zero, because we don't know with who owns these companies. serious russians have 20 or 30 cell companies before they put out new companies in

japan was the largest investor with $2 trillion followed by the cayman islands, the u.k., and china. luxembourg rounded out the top five. brussels is telling the u.k. it must pick up the pace of brexit is to succeed. michel barnier published a draft document on the split, setting out in detail how it sees britain's withdrawal. prime minister may said she could never accept some of the passages, raising the prospect that talks will fail and the u.k. will crash out of the bloc with no deal. >> if we want to succeed in these negotiations, and i want to succeed, we must accelerate. on the 30th of march, 2019, in 13 months, the united kingdom will no longer be a member of the european union. that's what it wanted. by that day, we should have organized a withdrawal in an orderly fashion. paul: india expects to grow faster than initially thought this year,k offering a lift to prime minister narendra modi ahead of elections in 2019. 0.1%s seen rising at 6.6%, above earlier forecasts, but slower than the 7% climb last year. slower growth forced modi to offer an expansionist budget. president

so dean cayman and steve jobs had strange commonalities i can't believe how they're connected to innovation and then it hit me i'll do a multiple case study research project to study eight serial break through inno vai or to set up a rigorous process for selecting them to keep myself out of that process so there's not researcher bias, and i didn't even care if it turned into something i could publish. i knew it was a high risk project to find nothing useful or end up not publish it and control group is rest of us but i did it because it was it pure fun, and it was so fun and aluminated in the end i learned so much. not just about managing innovator or selecting and employees, but also about parenting. like you with learn a lot about kids. studying these people -- >> so what you did it then is same they think you did with jobs for all of these people u you've got every biography you could find. and -- not a lot of videos of marie -- but how did you like -- the actual day-to-day was it -- you sit to read and then -- keep it all in a spread sheet or what? what was the basic? >> all of those th

the fact is, if you want less crime, moved to the cayman islands.ot so few people there that you can go a whole week without the violent crime. >> laura: is that your argument? >> immigrants or any group of people -- if you're going to have people in this country -- 's spoon illegal in this country. >> every group commits some crime, and if you had to -- any chance i could get a word in here? then have fewer people. >> laura: there is a difference between illegal and legal. do you not know the difference? does it matter? >> any chance i can get a word in? the fact is -- >> laura: you can talk during a pause. the census asks questions about citizen status, has it not? >> that's not true, they stopped in 1950. they stopped about the time i was 4 years old and before you were born. >> laura: and then the american family survey -- >> it is not used as the official enumeration. the enumeration of this country is constitutionally required, and getting an accurate count and enumeration is more important, is constitutionally more important than having facts

>> jesse: i would park it offshore cayman so the irs could never find it. >> greg: well. >> kimberly:: all right, kimberly? >> kimberly: pot of gold? well, if i found it would likely belong to someone so i would try to find the owner. >> jesse: what a do-gooder. >> kimberly: true. >> greg: sick to my stomach. juan? >> juan: there was a story yesterday about an airplane taking off in eastern europe maybe afghanistan, even, the door was open and gold -- you saw that? >> greg: yeah, yeah, yeah. vaughnon they had to close it off because people were going to have a gold rush. i guess this is sort of imaginary. if it happened of course you would want to take care of your feamg and stuff like that. once you go beyond that if you were like the founder of microsoft, and you had all this money, so he goes off and he takes on malaria. >> kimberly: you lost control. >> jesse: anything else you want to say? >> juan: i was just thinking. i would open more schools. >> greg: there you go. >> kimberly: hard and soft targets? william do you vein. what's in your safe? >> dana: migrate grandparents' orig

where a subpoena in the united states is issued to a bank but the bank secrecy laws of switzerland, cayman islands is involved and how do we resolve the question. law the conflicts of question is raised in the legislation and created is a new section that addresses a fairly narrow set of situations but nevertheless is clearly set out in the legislation. it is sometimes called a comedy -- comity analysis. in a narrow set of cases where there is an executive agreement between the united states and that foreign country whose law might be violated where that other country offers reciprocal rights for the provider to challenge and where there is an actual conflict than that set of rules in the cloud act would be triggered. if that's the case then the provider is empowered to come to court and say i shouldn't have to comply with this warrant because it highlights the law of zimbabwe. then the court would have a balancing test based on factors set out in the statute. it is an idea of an escape valve to try and address the possibility of a conflict of laws happening. notnt to be clear we have yet

first it goes to cyprus from russia then to virgin islands, then to cayman islands, and then to two countries. the united states and the united kingdom. because these are the two these threeat meet criteria. rules of law, anonymous companies allowed on a big scale and significant financial source. so the reasonable guesses that awayf the russian hidden is in these two countries. the u.s. treasury published a report three years ago and said launderedbillion is into this country every year. as you can hear, that is the big estimate. that is big. publishedin recently a corresponding number. 125 alien dollars here. $125 billion a year. get those coming from russia in into each of these countries, you wonder how much of this is being caught. just about zero because we don't know who owns these companies. cell shell companies before they set up new shell companies ,nd delaware, south dakota elsewhere. the money can be taken in also through real estate. real estate is excluded from the patriot act of 2001 to clean up the banking system. the u.s. banking system is very clean. thanks. cleaned it out t

now dean cayman is one of america's foremost inventers is heavily involved in this and it brings togetherre going from the bench to the bed side here and with the information available from the n ih and the nci and the technical expertise that harper could bring, we could do a lot of biological medicine and biomechanics that would be so important. stuart: bob, please keep up the good fight. everybody is with you on this. everybody. >> well i'm going to see the president tonight and i'm going to remind him how well we're doing and some of his very strongest supporters in the health and human services are behind us. stuart: excellent. bob wright, always a pleasure having you on the show and you do great work, thanks for joining us appreciate it. >> thank you very much. stuart: i'm going to go through some individual stocks which are moving a big sales drop american outdoor brands now has the parent of smith & wesson, a gun company demand for guns they say won't pick up for the next 12-18 months i've got to say i'm surprised at that with all this talk of gun control the stock is way down 3%.

have our three banks all set up here maybe something you're something in america something over the cayman islands or do we do all these banks are complicit in the rights of congress to decide. to do some serious money laundering ok let's see how we did while we've got a nice luxury watch for max and for stacy oh beautiful jewelry how about. a bill for a match you know what money laundering is highly illegal thank you so much guys are of course. harvesting from facebook to another turn britain's defense ministry is revealed eight. parent company for psychological profiling of target audience is. president john bolton else his new national security adviser is known for his negatives. bolton was also in favor of war against both those countries. reveals the moment fatally shoots an arm a block moment in california after mistaking his mobile phone for a gun.

banks all set up here maybe something and you're something going to america something overseas or the cayman islands it will pull these banks are complicit in the kleptocracy who decide to give much gold it's a burden to do some serious. ok let's see how we did while we've got a nice luxury watch for max and for stacy oh beautiful jewelry and how about. luxury automobile again for max you know what money laundering is highly. watched as of course.