joining me is laura lister host of the capital account on our team who is actually in new york on this lovely friday lauren hanging out with some of those wall street elites i take it. no no no no no no we are way too cool to hang out with the wall street leagues ok but we are here taken on the wall street bull right at the feeding trough a couple of those that are doing the feeding you mentioned in your thoughts j.p. morgan and wells fargo yes a break this down for me i mean how were they able to hide this almost six billion dollars loss. well the question is because what they did is they restated earnings for the first quarter down a little bit lower i believe by foreigners fifty nine million dollars so so that was revised because it's been reported that employees traders try to hide some of the losses to make them seem less but are we surprised by this why wouldn't traders do that i mean the bottom line is that if you're working in a bank and you're making these huge bets that are taking these massive outsized risks you're thinking reward you want that reward you don't want all of y

mongering he went to night school some awards and then we'll have another dose of happy hour thank you laura lister and jim hansen be doing next. those stores. were going to load. my. log you. choose your. take your stuff. to. make your statement. sometimes you see a story. that he's back. in two thousand and twelve to get past now all internet kill switch joe he's pushed for some draconian tech policies in the bads but his previous upwards have thankfully been shot down even presented a previous form of the cyber security act that would have required homeland security to create mandatory security standards for cyber infrastructure but there are some republicans out there the argue that mandates would hurt private companies who actually cooperate with the government on cybersecurity so that connecticut senator he went back to the drawing board now in this new version a national cyber security council would work with industry groups to create voluntary standards to prevent cyber attacks and we were makes it clear that he wants this to be his legacy before he retires at the end of his legislative ses

well the capital account is up next on our let's check in with laura lister to see what is on the agenda laura and what you got cooking for us today hi christine well before i get to the full rundown of the show i have to tell you i just had a really interesting interview with charles ferguson you may recall he's this filmmaker of inside job which won the oscar for best documentary took a look at wall street's role in the financial crisis he's also out with a new book so i had the opportunity to talk to him and i asked him how just trying to get interviews for his book and what the reaction has been since coming out with inside job which of course had interviews with a lot of high level members of i guess what you could call the establishment who clearly it seemed to me at least weren't expecting a tough interview you may be really surprised to hear what dr ferguson had to say we'll play it for you hopefully at the top of our show and have much more on lie bourse a don't miss it. certainly was a movie that was really important i think brought a lot of things to the attention of the ameri

process happening this weekend you see a bit later yet less than two hours i'll be back thank you laura listers a couple of hundred in washington d.c. right after a ball you had learned week up next. admission and free accreditation free in-store charges free. range month free. three stooges free. download free blogs can plug in video for your media projects and a free media dog r t dot com you.

mongering he was tonight's tools i'm award and i will have another dose of happy hour thank you laura lister and jim hansen to be growing. i am. were shot four times in total. war as it were and. sort of the boys are still our bodies. then people should be allowed to defend themselves wherever they are gone from the hands of law abiding decent people are not a problem national rifle association. or group of basically retired military we love to shoot holes and i'm sorry if you know that the bullet comes out here and this makes it go bang and if what's in front of here is going to die that's all the training you really really need raise your hand if you know something's been. ok place to live with one of the philadelphia owners over streets . until about a hopefully we will never have to use the weapons for self defense but we should be prepared the full class including the teacher as a. seventeen students. and one of seven or still. if they shoot something inappropriate for public they can easily be shot by. casualties of war ok. i wish he would have never happened but it has. been a war a t

mongering he with tonight's tools i'm award and then we'll have another dose of happy hour thank you laura lister and jim hansen between. the torrent of american power. things are so bad. might actually be time. that it's going to feel or break it. you know sometimes you see a story and it seems so for lengthly is think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm sorry bloke is a big fish. very good. looking they alone as though they'll get the real headline with none of them are the problem with the mainstream media today is that they're completely disconnected from the viewers and what actually matters to those viewers and so that's why young people just don't watch t.v. anymore if they want news they go online and read it but we're trying to take those stories that people actually care about and transfer them back in t.v. . welcome to the capital account i'm lauren lyster. all right it's time for tonight's tool time of war and tonight we're giving it to one of the most shameless

i think coming up next on our team is the capital account let's check in with laura lister to see what is on the agenda lauren we i know we're speaking a lot today about people being held accountable for their actions and their interactions i know that's something we talk about too when we talk about the economy and wall street is that something you'll be touching on today you know christine are you psychic or maybe this is just such a recurring theme that yes it comes up in so many shows we are talking about that today because today christine is a very special day it is the birthday of sarbanes oxley that is the day the act was signed ten years ago this was a very large regulation supposed to penalize a fraud with with jail time and that was supposed to be the big penalty but yet we haven't seen it used in the wake of the financial crisis we'll talk about that all right lauren let's to re appreciate that and for our viewers you should stay tuned that's going to do it for us for now but for more on the stories we covered go to youtube dot com slash r t america or our website r t dot co

first lauren enjoy the big apple we hope to see you back here very soon thanks so much that was laura lister everyone host of the capital account on our team. part of time for our first break of the evening but when we come back we'll tell you about her latest glimmer of hope down in the peach state then we'll talk to an occupy los angeles organizer she's about it she was there last night and there was a lot of punch. there hasn't been anything good on t.v. . it is to get the maximum political impact. the full source material is what helps keep journalism on the we. we want to present. something else. i. the sky. the light will come down. so why are you singing. and i were reporting a glimmer of hope from the state of georgia where left and right are putting aside differences to fight systemic corruption you see despite talk about increased partisanship these days republicans and democrats actually do agree on some pretty controversial issues large defense spending wall street domination the war on drugs and free trade those are some examples of the bipartisan consensus stifling debate and p

tonight we're gonna get our financial check up a day early laura lister is going to join me to talk about how much farther the barclays scandal could extend alegate a preview of what to expect from tomorrow's jobs numbers then negotiations have been going on all week in san diego for the trans pacific partnership agreement so we're going to talk about why people are saying this is a win for multinational corporations and a big lose for american workers and as this is thursday andrew blake is going to be on the program to talk tech to me a new app helps you record police fraud and rand paul launched a campaign to defend internet freedom and siri has some competition so we'll have all of that and more for tonight including a dose of happy hour but first take a look at what the mainstream media decided to. so the president is just kicking off a bus tour and then made three media is following his every single. morning the president is kicking off a two day bus tour of ohio and pennsylvania it's being called the betting on america bus tour will kick off a two day bus tour through ohio and penn

make sure that you come back tomorrow you have another financial checkup for you with the lovely laura lister as usual in the meantime don't forget to like the longer show on facebook to follow us on twitter and scribe your you tube channel and also don't forget you can now focus on hulu as well coming up next in the news. wealthy british style. sometimes that. markets why not. come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report on our. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. the. big.

s let's check in with lauren lister to see what's on today's agenda laura and what are you working on over there either liz well ben bernanke the chairman of the federal reserve was on the hill today and anytime he is there is plenty of fodder for discussion analysis of course a fair share of criticism and today will be no different they're saying that a scenario in which the g.a.o. would really truly audit the fed and that congress would have more ability to audit the fed's business was a nightmare scenario according to bernie he and to one point he's got it right because while the fed's interests are problematic it would be problematic i can see if congress had more ability to impact fed's interest so what is the answer and then we will talk to the person that so many people want to hear way and on the fed and that is lou rod rockwell of the ludwig von niece's institute on all things fed and ben bernanke he as well as p.s.g. has some revelations of come out from the c.e.o. suicide notes before he attempted to kill himself we'll talk about what those indicate to lauren thanks for tha