have quadrupled in quintupled ninety percent of those gains were grabbed by insiders friends of hank paulson remember hank paulson told his investor friends that they were going to bail out goldman sachs and although at the public domain he was saying he wasn't sure or they might have to fail but privately he engaged in a massive insider trading scheme and told people directly that the government was going to line their pockets with several hundred billion dollars well that's good to compare it to the situation at mt gox now what hank paulson did is he told them goldman sachs investors that he would be bailing out fannie mae and freddie mac. though in front of congress to the american people he said that would never happen but indeed he did so only goldman sachs knew that he would bail out fannie mae and freddie mac. so this is one of the speculations about mt gox is that of course they know whether or not they have only mark karr peleus knows if he has been coined to give to his clients so he could if if he does have he could of course buy a one hundred dollars and then sell them at six hun

here to mediate this fight is hank paulson will he rescue this stage rumble in the wall street jungle with a seven or billion times out the audience shrinks yes the game is rigged. dramas that try to be ignored. stories others refuse to know. the faces change the world writes no. food picture. from around the globe. welcome back you're watching r.t. international and british couple are facing a desperate battle to avoid extradition to the u.s. caught in a legal tangle they told r.t. as to her cilia that they'd rather take their own life and be ripped away from their families one morning fourteen months ago a life changing knock on the door with two policeman from scotland yard and i said where i was sorry mr dunham with come to arrest you and your husband since then they've been out on bail and are fighting extradition to the united states to await trial after claims from the dunham's former company in the us that they have more than one million dollars in illegitimate expense claims something the couple say are without merit showing as evidence that they've gathered that some say the

they're in the process of bailing out aig. 36 hours later, ben bernanke and hank paulson go to congress and they say that the government has to step up and bail out the whole banking system. and within a matter of weeks he's moving to slash interest rates. so, you know, bernanke -- that september meeting was really a great example of him playing catch-up and not immediately recognizing the gravity of events that were in front of him. >> okay. how about tim geithner? he later goes on to be treasury secretary. what were his positions at the time? >> tim geithner's a very interesting character here. he spends a lot of time in these meetings sparring and jousting with the fed's policy hawks. officials from regional federal reserve banks who are more worried about inflation than with the financial system stability. and geithner spends a lot of time jousting with them. frankly, you know, there's some moments here where he looks like he's behind the curve. there's a january 2008 meeting where geithner gives his assessment of the financial system, and he says it looks like the process of healin

here to mediate this fight is hank paulson will be rescued this stage rumble in the wall street jungle with a seven or billion times out the audience yes the game is rigged. the united states. significant technological over the rest of it while it is now using that supply on the rest of the wall then there was the deal between the u.s. and england where us spy agencies couldn't spy on people in the u.s. but british spy agencies could spy on people in the u.s. so the two governments said alright each of us will spy on the. other citizens and then we'll trade and that way we'll be surveilling our own people so this is what i think of as the scandal. and. one of the marginalized should be. a pleasure to have you with us here today. it was supposed to be just another news or of course although admittedly for a special occasion it was one hundred twenty three days before the start of the winter olympic games in sochi and i was in greece for the lighting of the olympic flame the ruins of elim pierre one of the most famous monuments of ancient greece the site of the very first olympic games w

the fight is hank paulson will the rescue this stage rumble in the wall street jungle with a seven or billion times out the audience yes the game is rigged. the fifties the. economic up and downs in the final months they belong to the deal and the rest because it's a neat case will be if we constantly. choose your language. we cover though if. someone. chooses to use the consensus you can. choose to use that to. choose the stories that impact your life choose to to access. there is obviously more for the ladies because it's pink. women who wanted to avoid rape they really needed to buy guns environ how to use them i'm. sure this is the one that i want to go with them once again it's the field strength for women definitely the target of the gun lobby the one you don't want to kill but not one that killing money would have somebody with you with this with her. i'm noticing more and more is this really scary marketing tactics which implies that women have some sort of moral obligation to own guns to protect their family and young girls shoot out here too so we do have a pink or. more kid

here to mediate this fight is hank paulson will he rescue this stage rumble in the wall street jungle with a seven hundred billion tarp ouch the audience shrinks yes the game is rigged we all know it's right and yet we continue placing bets and losing our hard earned money on an outcome as if it were not pre-determined how will stacy next the audience went. with thank the hammer paulson was out there they didn't shout out. the speaking of scripted now that i find this very first headline very interesting regarding world wrestling entertainment people are making tons of money betting on fake pro wrestling so from january to april of every year it's called the road to wrestle mania these are the big bouts in april were all the money is made and all the bets place several online sports books including five dimes and bodog have been accepting bets on progress in for years and lately progress slowing insiders have begun to notice an unsettling trend you see oh my boxing or m.m.a. the odds for a pro wrestling match is free of it's versus underdogs flip in such a manner that progress journal

securities fraud sister in law breaker but he will go to the government with his friends maybe hank paulson at the member in two thousand and eight or are now they've got janet yellen over in the fed and they've got jack lew in the treasury they'll go down to washington and all say look i know i broke the law but if you prosecute me i'm going to crash the stock market there's no no no extortion you know that in there he's a brilliant he's a he's a brilliant at extortion he's a brilliant his business model when you say what you think of his business model i mean his business model of extortion he's a brilliant extortion and i don't know why he's not in jail i mean i thought i thought america has a policy against this type of thing in other countries they arrest people and put them into jail for acts of you know what they call terrorism i want to ask you are you surprised that no high level officials at american banks have been prosecuted for misdeeds specifically associated with the housing bubble and financial crisis does this surprise you. well because you have a the government is reliance

here to mediate this fight is hank paulson will he rescue this stage rumble in the wall street jungle with a seven or billion times out the audience shrinks yes the game is rigged. hello and welcome to cross talk we're all things are considered i'm peter lobo is there a new cold war brewing pitting the west against russia what is being called a reset and relations at the start of the obama presidency today is in tatters western media and politicians are determined to betray russia and the worst possible light even to the point of undermining the sochi games what are these new cold warriors hoping to achieve. to cross whether there is a new cold war i'm joined by my guest stephen cohen in new york he is a professor emeritus of russian studies at new york university and author of soviet fates in last alternatives that currently is out in paperback from columbia university press also in new york we have eric draitser he is a geo political analyst and founder of stop imperialism dot org and in london we cross to mark and he is a modern history lecturer at the university of oxford right ge

given, paulson's testimony has % been given, the new york fed president became treasury secretary, hank paulsonas treasury secretary in 2008 and now it is ben bernanke. when we get these documents will be fascinating reading even though it is after the fact of the financial crisis. liz: you watched my copy of the wolf of wall street. remember when eastern european woman was wrapping money around her body to do the swiss thing? that is in a way coming to pass. one of the world's biggest banks, credit suisse actually help u.s. customers hide cash and debate federal taxes? the story could have come out of a james bond movie or wolf of wall street or even a lot pages of sports illustrated. forget the cover. >> do you have the models on today? liz: i have something of a little bit better. many isnoney isn't inside. senate investigators -- according to the permanent subcommittee -- credit suisse went to extraordinary lengths, wealthy americans, vast majority of whom did not declare that money in their bank accounts so peter barnes caught up with credit suisse ceo brady dugan on capitol hill. here's t

. >>> plus, he helped former treasury secretary hank paulson save the global economy and was bill grossght-hand man. now neel kashkari running for governor of california, so can he convince voters he's the one to propel the golden state into a new golden age? neel kashkari giving us his pitch in a fox business exclusive. >>> and the person behind one of wall street's most entertaining and longest running mysteries is finally unmasked. we'll tell you who it is and where the elevator will be stopping next. "countdown to the closing bell" starts right now. ♪ ♪ liz: good amp, everybody, i'm liz claman. so glad you're with us for the last hour of trading. one hour to go. the s&p 500 down but not out. still within reach of its highest close in history. here's the number you guys need to watch, 1848. that is the number to beat. now, overall the major indices are pretty much on the fence here. one factor that could be holding them back, a bigger-than-expected drop in consumer confidence this month. we've got the conference board saying that americans think the economy, yes, it's improved, but t

here to mediate this fight is hank bama paulson well he rescued this state's longball in the wall street jungle with a seven or billion times out the audience shrinks yes the game is rigged. you . might move from one ship to another but what a ship. i was on board the ice breaker fifty years of victory the pride of the russian nuclear fleet for a truly once in a lifetime experience. deliberate flame was traveling to the north pole i was going with. it my stone was telling me to follow the flame i was going to take it as far as i could. see hundred nautical miles of stark beautiful ocean lay between us and the top of the world. well just in case you didn't actually believe we were going to the north pole i think. that eliminates any doubt. it's another historic first for the sochi torch and a relay around the ship was planned for the occasion. and you can learn so many new things but if you get the chance to test your own as well as the cruise experience and check what the ice breaker is really capable of. i mean this tour of the olympic torch to the north pole never before has a surface

we had paulson's deposition, former treasury secretary, hank paulson, we had tim geithner, he was atime of the bailout the new york fed president, big player in this. and now, finally, we've gotten -- we haven't gotten it totally yet, it's still going -@on. we've got ben bernanke's testimony, i wish -- liz: he's poised as a lawyer, he memorized the questions. >> i can't tell you what he said because it's not over yet. liz: right. >> i just tried to get some atmosphere orics about what it's -- atmospherics about what it's like in that room. david boies is one of the best lawyers in the world -- liz: he's a genius. >> he is what he is, he's dyslexic too. liz: i've read the book by malcolm gladwell, he's dyslexic. >> from what i understand, this is a six-hour deposition. it starts at nine, they're going to take a break -- there's me and david, and you were involved trying to break us up there. [laughter] liz: i love that. >> he memorizes every question. i can't even tell you what he's going to say, it's all here. liz: again, as you say, he's dyslexic, but it gives him an advantage becau

. >>> plus, he helped former treasury secretary hank paulson save the global economy and was bill gross for governor of california, so can he convince voters he's the one to propel the golden state into a new

i think my choice of shoe-in for the final 25 is hank paulson.a great manager during the crisis, that being the financial crisis. he basically cobbled together private companies with government to get us through this to help save the u.s. economy. add to that, before it he was ceo of goldman sachs. during that time he helped take the company public. that was a transformative move for goldman sachs, allowed it to compete with the megabanks of the era. >> kayla, what about you? >> of all the 200 people we have on this list, we have michael milken but lou ranieri is lesser talked about, vice chairman of solomon brothers in 1977 when he invented the mortgage-backed security which of course throughout the years took on many forms, but he was the original person behind that. in the 2007-2006 era, that market swelled to $2.2 trillion. as we know now, that is the culprit of the financial crisis. he was on cnbc a couple years ago and he knows that he is one of the people at the forefront of the crisis who is still to blame and this is what he had to say.

save lehman or put them to bed in a more gentle way, this is a joint mistake of ben bernanke and hank paulson, who was secretary of the treasury, but it was very consequential. i mean as you know, all hell broke loose the very next day. >> reporter: but at a town hall in 2009, bernanke told jim lehrer that the fed didn't have the legal authority to intervene in an investment bank like lehman. >> in the case of lehman brothers, there was just a huge $40, $50 billion hole that we had no way to fill and no money, no authorization, no way to do it, so we had to let it fail. we had no choice. >> reporter: to blinder, though, the government made up all sorts of tools during the crash. >> guess what? they had the legal authority to save the money market mutual funds by using something called the exchange stabilization fund, which is supposed to be to support the dollar. now how did that work? but somehow the treasury's lawyers koshered that when just a few days before nobody was koshering a saving of lehman, so i count that as a mistake. >> reporter: but the rest of his tenure you give him an a? >>

here to mediate this fight as hank family paulson will the rescue this stage rumble in the wall street jungle with a seven or billion times out the audience shrinks yes the game is rape. is there a new cold war brewing pitting the west against russia what is being called a reset relations at the start of the obama presidency today is in tatters western media and politicians are determined to between russia and the worst possible light even to the point of undermining the sochi games what are these new cold warriors fulfilling to achieve. it was supposed to be just another news or of course although admittedly for a special occasion it was one hundred twenty three days before the start of the winter olympic games in sochi and i was in greece for the lighting of the olympic flame the ruins of the limpia one of the most famous monuments of ancient greece the site of the very first olympic games where stones like this would have been part of the temple. the temple of the. temple laws. and from.

here to mediate this fight as hank family paulson will he rescue this stage rumble in the wall street jungle with a seven or billion times each the audience shrinks gassed again. president obama says the u.s. immigration system is broken kind of the fixed acclaimed actor producer director and social activist edward james olmos is here to tell us what he'd like to see from the president congress as they tend to limit gratian reform plus all of the sochi olympics safe we'll have security assessments from russia's ambassador to the u.s. and a high ranking congressman just back from russia all next on the politicking. the politicking on larry king and we start the show talking about immigration joining us here.

and if you remember, hank paulson when the bush administration which was so ready to get out of town by january 20th and did not want a major company bankruptcy on their watch. there were looking for an end january 20th. they wanted that to come as quickly as possible. the bush administration near christmas the extended the 25 billion in credit but but the corker principles as part of that. paulson called me up morning. the president called me up morning. fortunately obama capp's those principles and place. if you remember, when emanuel first came into office many would go up and meet with him at the white house. we are falling as principals. he embodied those. the end of the day they forced the uaw to be competitive with the transplant. i thought they did it in at very odd way. the fact is there has no doubt been pent-up anger as a result. >> senator, a diplomatic negotiation on the syrian crisis has ground to a halt. problems will not be pushed to negotiate seriously until there is more pressure on the ground. to use the u.s. -- >> you know, that was happening, by the way, at the s

here to mediate this fight is hank them or paulson will be rescued this stage rumble in the wall street jungle with a seven or billion times out the audience shrinks yes the game is rigged. is obviously more for the ladies because it's pink. women who wanted to avoid rape they really needed to buy guns and burn how to use them i'm. sure this is the one that i want to go away from once again it's the fear that. women are definitely the target of the gun lobby the one you don't kill but not one that killing many but if so many would you would just prefer. i'm noticing more and more if that's really scary marketing tactics which implies that women have some sort of moral obligation to own guns to protect their family and young girls shoot out here too so we do have a pink or. more kids young kids choke on food than are killed by firearms if being armed made us safer in america we should be the safest nation on earth. were clearly not the safest. welcome back you're watching r t international a family caught in illegal rouse say they'd rather kill themselves then be extradited from the u.k.

here to mediate this fight is hank them or paulson will the rescue this stage rumble in the wall street jungle with a seven or billion times. the audience shrinks yes the game is rigged. the interview. is obviously more for the latest because it's pink. women wanted to avoid rate they really need to buy guns and. this is the one that i want to go with. but once again it's the field. when the definitely the target of the gun lobby you don't kill them when you killing money but if somebody would you would piss with her. i've noticed that more and more it's really scary marketing tactics which implies that women have some sort of moral obligation to guns to protect their family and young girls shoot out here too so we do have a pink or. more kids young kids choke on food than are killed by firearms if being armed made us safer in america we should be the safest nation on earth. were clearly not the safest. the olympic torch starts the final leg of its historic relay as it arrives in the host city of sochi heralding the imminent start of the twenty fourteen winter games . the u.s. warns int

securities fraud sister in law breaker but he will go to the government with his friends maybe hank paulson at the member in two thousand and eight or are now they've got janet yellen over in the fed and they've got jack lew in the treasury they'll go down to washington and all say look i know i broke the law but if you prosecute me i'm going to crash the stock market there's no no no extortion you know that in there he's a brilliant he's a he's a brilliant at extortion he's a brilliant his business model when you say what you think of his business model i mean his business model of extortion he's a brilliant extortion and i don't know why he's done jail i mean i thought i thought america has a policy against this type of thing in other countries they arrest people and put them into jail for acts of you know what they call terrorism i want to ask you are you surprised that no high level officials at american banks have been prosecuted for misdeeds specifically associated with the housing bubble and financial crisis does this surprise you. well because you have a the government is reliance o

it will add to his series of books from hank paulson among others who have written about the crisis,t about it and, of course, ben bernanke is currently writing a book but we don't -- i understand that a treatment of bernanke's book is going to be circulating relatively soon. >> steve, it is widely anticipated. thanks for giving us a sneak peek on tim geithner's book. >>> with its whatsapp purchase facebook is doubling down on its bet on growth in emerging markets. our jon fortt is speaking exclusively to the man at facebook charged with ensures that that bet pays off. jon, what did he tell you? >> sarah, yeah, his name is javier. i caught up with here at mobile world congress. kind of thinking about m so of what we talked about in the context of twitter which, as we know, is struggling with growth. facebook clearly has an opportunity here because carriers in emerging markets have a problem with some of their s and s revenues going away. data, they've got to sell and their kusz hers don't necessarily know that they need it. listen to what javier had to say about the importance of dat