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>> our guest on "newsmakers" this week is robert khuzami. mr. khuzami is the head of enforcement for the securities and exchange commission. thank you very much for being here this week. here. "the new york times" ackerman covers the f.c.c. for "the wall street journal" and dow jones news writers. thanks for being here. you. financial crisis have certainly, i understand the feelings given the breadth of the loss and the impact of the financial crisis on people's livelihood and on their savings and investments. but having said that, as you indicated, i think our performance has been very strong in this area over, i think, at last count, 102 entities and firms have been charged and most importantly, over 55 c.f.o.'s, c.e.o.'s and senior corporate executives for conduct across the mortgage-related areas from issuing companies like country wide and new century to those firms that issued c.d.o.'s with misleading statements such as goldman-sachs, j.p. morgan, citigroup to the mutual fund complexes that loaded their funds up with riskier mortgage asset
>> our guest on "newsmakers" this week is robert khuzami. mr. khuzami is the head of enforcement for the securities and exchange commission. thank you very much for being here this week. here. "the new york times" ackerman covers the f.c.c. for "the wall street journal" and dow jones news writers. thanks for being here. you. financial crisis have certainly, i understand the feelings given the breadth of the loss and the impact of the financial crisis on...
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we heard from khuzami is asking for more dollars. what's their view? >> they need to be more important with the money they have. they are open to giving the agency more money, but they want broader structuring before they give them any more money. the sec is kind of the inusual position where they -- their funded by transaction fees that they impose on the firms that they oversee on wall street. and so giving them money doesn't necessarily translate to, you know, increase budget deficit. they are separate from the debate about increasing. >> they are self-funding. >> they are essentially self-funded. but you still have reluctance to throw more money at regulators during this point. he kind of -- he didn't want to admit thatted missing maidoff -- madoff was overshadowing. that's their biggest concern. >> it's also talked about the bettering of their database and talked about the amount of money they spend, versus the large companies they are regulating and the resources on technology are apples and oranges. not only that, we've seen so many instances po
we heard from khuzami is asking for more dollars. what's their view? >> they need to be more important with the money they have. they are open to giving the agency more money, but they want broader structuring before they give them any more money. the sec is kind of the inusual position where they -- their funded by transaction fees that they impose on the firms that they oversee on wall street. and so giving them money doesn't necessarily translate to, you know, increase budget deficit....
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tomorrow on "newsmakers", we are joined by rober khuzami. he talks about what the sec is doing to police wall street including its efforts to prevent another financial crisis and prevent fraud. that is a sunday at 10:00 a.m. and 6:00 p.m. eastern on c-span. >> sunday on "q&a". >> i think the problem is with walter cronkite, people see him as the avuncular, friendly man, which she was, but there was another side of him that wanted to be the best. he was obsessed with the ratings. he is probably the fiercest competitor i have ever written about. and i have written about presidents and generals and c desire to be the best was very proud of. >> douglas brinkley on his new biography of walter cronkite sunday at 8:00 p.m. eastern and pacific on c-span. >> medal of honor recipients gathered at the ronald reagan library in california to discuss their experiences. speaking to an audience of several hundred middle and high school students, the veterans talked about the importance of community service. they answered questions from the audience. hosted
tomorrow on "newsmakers", we are joined by rober khuzami. he talks about what the sec is doing to police wall street including its efforts to prevent another financial crisis and prevent fraud. that is a sunday at 10:00 a.m. and 6:00 p.m. eastern on c-span. >> sunday on "q&a". >> i think the problem is with walter cronkite, people see him as the avuncular, friendly man, which she was, but there was another side of him that wanted to be the best. he was...
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host: robert khuzami is our guest on "newsmakers"at 10:00 eastern time.ack to your calls on the u.s. economy. we're talking about fears of a double dip recession. this is a note about hillary clinton who traveled to the arctic circle with an eye on oil and gas and energy issues. she took a firsthand look yesterday at the region and competition for vast oil reserves. orlean, virginia is next, democrats line. caller: i am shaking my head listening to some of these comments on the republican right. i don't know where to begin. a quick comment --fred barnes was guilty of telling a half truth. yes, there are two houses of congress and yes, the democrats to control the senate but they do not have the 60-vote majority required to block a filibuster so nothing can be done there. everything can be stopped by simply threatening a filibuster. the other thing is mark caines who died a year and a half ago was the host of "squawk on the street." he had the integrity to come out and say there is not a shred of evidence to show that the tax cuts for the wealthy benefit t
host: robert khuzami is our guest on "newsmakers"at 10:00 eastern time.ack to your calls on the u.s. economy. we're talking about fears of a double dip recession. this is a note about hillary clinton who traveled to the arctic circle with an eye on oil and gas and energy issues. she took a firsthand look yesterday at the region and competition for vast oil reserves. orlean, virginia is next, democrats line. caller: i am shaking my head listening to some of these comments on the...
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tomorrow on "newsmakers," sec enforcement officer robert khuzami on efforts to prevent another wall street crisis and ways to prevent waste and fraud and abuse. "news makers" phares sunday at 10:00 a.m. and 6:00 p.m. eastern here on c-span. >> each sunday evening at 7:30 p.m. now through labor day weekend, and "america history tv" features 14 key political figures who ran for president and lost, but change the country. >> i think the right to be president still speaks to people everywhere today. in a sense, politicians need to limit the sacrifices for the country. that is something that we need to remember as well. >> also, we will feature the history of wichita as part of our visit to the largest city in kansas. that is this weekend on c-span3. this weekend, the 16th anniversary of queen elizabeth's succession to the throne. it to our mike will be for diamond jubilee commemoration. the ceremony took place in march and included speeches by the house of lords and the house of commons. you can watch the sunday at 9:00 p.m. eastern on c-span. we return now to a conference hosted by the congre
tomorrow on "newsmakers," sec enforcement officer robert khuzami on efforts to prevent another wall street crisis and ways to prevent waste and fraud and abuse. "news makers" phares sunday at 10:00 a.m. and 6:00 p.m. eastern here on c-span. >> each sunday evening at 7:30 p.m. now through labor day weekend, and "america history tv" features 14 key political figures who ran for president and lost, but change the country. >> i think the right to be...
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our "newsmakers" program with the director of enforcement, robert khuzami. he talks a little bit about the congress' ruling to fund the s.e.c. and you can see this program tomorrow at 10:00 a.m. and 6:00 in the evening. >> what we tried to focus on in a great emphasis on specialization so we can identify wrongdoing earlier in the cycle, before the investor funds are gone and in areas that are not quite as transparent as they otherwise are. we took a look at all the investments and who -- whose returns were statistic over a period of time when you expect to see volatility? those two factors are not necessarily indicative of wrongdoing but that would be the kind of fund that you want to take a second and hard look at to determining whether or not there might be a fault evaluation, things like that. we're using my data to identify subsets or firms of individuals that we want to take a closer look at. host: just to come back to the sort of -- the impact madoff had on the agency, do you feel when you go up to the hill and ask for more resources that that continue
our "newsmakers" program with the director of enforcement, robert khuzami. he talks a little bit about the congress' ruling to fund the s.e.c. and you can see this program tomorrow at 10:00 a.m. and 6:00 in the evening. >> what we tried to focus on in a great emphasis on specialization so we can identify wrongdoing earlier in the cycle, before the investor funds are gone and in areas that are not quite as transparent as they otherwise are. we took a look at all the investments...