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Dec 24, 2013
12/13
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i'm leslie stahl. in march 2009, bernard madoff pleaded guilty to perpetrating what's believed to be the largest financial fraud in history. he received the maximum sentence for his crime, 150 years in prison. but while madoff is behind bars, there's still much we don't know about the scam which involved, by some accounts, a fraud of more than $50 billion. investigators are still trying to figure out who was involved and where the money went. this edition features some of the people most intimately familiar with madoff's schemes: irving picard, the court-appointed trustee charged with finding the missing money, some of the crooked financier's victims and the man who figured out madoff's crimes out before anyone else, harry markopolos. plus, morley safer examines why, even today, investors are so susceptible to con men. we begin with markopolos. at the beginning of 2009, he sat down with steve kroft for his first television interview. >> kroft: until the end of 2008, harry markopolos was an obscure fina
i'm leslie stahl. in march 2009, bernard madoff pleaded guilty to perpetrating what's believed to be the largest financial fraud in history. he received the maximum sentence for his crime, 150 years in prison. but while madoff is behind bars, there's still much we don't know about the scam which involved, by some accounts, a fraud of more than $50 billion. investigators are still trying to figure out who was involved and where the money went. this edition features some of the people most...
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Dec 9, 2013
12/13
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i'm leslie stahl. thank you for joining us.aptionmax www.captionmax.com >> it's called "the social drink" -- the one we can't live without, the one that gets us through the day. >> it's booze without the booze. >> it's a passion... an addiction... a shot in the arm for a nation short on sleep... >> there you go. have a good one. >> ...and a drink that spans generations. >> maxwell house. >> "good to the last drop." >> the only kind i sell. >> off the shelf and at the counter. >> small latte and a small iced latte. >> more coffee is consumed in the u.s. than in any other country -- 400 million cups of it every day. >> you know, you think a baby having a bottle or something, you know, like how that comforts
i'm leslie stahl. thank you for joining us.aptionmax www.captionmax.com >> it's called "the social drink" -- the one we can't live without, the one that gets us through the day. >> it's booze without the booze. >> it's a passion... an addiction... a shot in the arm for a nation short on sleep... >> there you go. have a good one. >> ...and a drink that spans generations. >> maxwell house. >> "good to the last drop." >> the only...
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Dec 24, 2013
12/13
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i'm leslie stahl. thank you for joining us.ptionmax.com [ticking] >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> we spent nine months investigating our story and asked the justice department about the state of their own investigations. the perception-- i mean, it doesn't seem like you're trying. >> well-- >> it doesn't seem like you're making an effort that the justice department does not have the will to take on these big wall street banks. [ticking] >> anton valukas was the man in charge of investigating the collapse of lehman brothers, the fourth-l
i'm leslie stahl. thank you for joining us.ptionmax.com [ticking] >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> we spent nine months investigating our story and asked the justice department about the state of their own investigations. the perception-- i mean, it doesn't seem like you're...
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Dec 24, 2013
12/13
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. >> leslie stahl said something interesting.be addressing you as madam secretary. she said just call me sue. it's this inability to understand that there are people who still have a lot of questions out there. and she didn't seem to want to address them at all. i do think, look, the administration said it was the video, and then said we're wrong, it was terrorism. and i think that's what she's talking about false, about the false controversy, but there's deeper questions there that they still haven't answered for people, that i think she didn't get to in that interview. >> susan? >> yeah. they're missing a whole bunch of important issues about benghazi. why wasn't there security there in the first place? why weren't questions answered after? why was the administration so vacant after the incident of the and the administration has continued to stone wall congress about this. now congress has gone after them, doggedly and issued subpoenas and really tried to take control of this, and the administration has resisted this investigat
. >> leslie stahl said something interesting.be addressing you as madam secretary. she said just call me sue. it's this inability to understand that there are people who still have a lot of questions out there. and she didn't seem to want to address them at all. i do think, look, the administration said it was the video, and then said we're wrong, it was terrorism. and i think that's what she's talking about false, about the false controversy, but there's deeper questions there that they...
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Dec 25, 2013
12/13
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energy lives here. >> in 2008, leslie stahl spoke with gao xiqing, the head of china's new sovereign, which was investing heavily in the u.s. market and making some observers very nervous in the process. >> here's another fear that americans have, and that is that you'll gain a foothold in a company like blackstone, then have blackstone go out and buy a company for you, go buy a technically-sensitive company. >> maybe they love china so much that they just want to steal all your technology for us? >> no, but they'd be afraid if-- if they don't do what you want, that you'll pull the money out, and then they'll collapse. >> if you think things along that line, then there'd be no stopping because... >> chinese businesses come under severe criticism for their secrecy. so one way mr. gao could deal with the suspicion would be to make the fund transparent like norway's sovereign wealth fund, which is considered the gold standard. it has a detailed mission statement, earnings reports, and an exhaustive web site listing all its assets. china's fund has a web site too: just one page, which is
energy lives here. >> in 2008, leslie stahl spoke with gao xiqing, the head of china's new sovereign, which was investing heavily in the u.s. market and making some observers very nervous in the process. >> here's another fear that americans have, and that is that you'll gain a foothold in a company like blackstone, then have blackstone go out and buy a company for you, go buy a technically-sensitive company. >> maybe they love china so much that they just want to steal all...
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Dec 23, 2013
12/13
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i'm leslie stahl, and thank you for joining us.www.captionmax.com >> tonight on the car chasers... whoa! [laughs] >> black shelby. >> oh, my god. that is wicked. this looks like a rock star car. >> oh, this is a rock star car. >> since it's not done, it's got to be dirt cheap. i'm thinking 25,000. >> you want me to take $10,000 off? >> i can pay you 60,000 for cash today. >> ooh, you're reversing everything on me. >> oh, you think my car's weak? >> yeah. >> i think i will beat you. wouldn't that be sad? >> it ain't gonna happen. my name is jeff allen. i buy, fix, and flip cars. but i don't do it alone. i've got perry... meg... and eric.
i'm leslie stahl, and thank you for joining us.www.captionmax.com >> tonight on the car chasers... whoa! [laughs] >> black shelby. >> oh, my god. that is wicked. this looks like a rock star car. >> oh, this is a rock star car. >> since it's not done, it's got to be dirt cheap. i'm thinking 25,000. >> you want me to take $10,000 off? >> i can pay you 60,000 for cash today. >> ooh, you're reversing everything on me. >> oh, you think my car's...
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Dec 26, 2013
12/13
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in march 2009, leslie stahl reported on the furious efforts to stop the then-rapidly spreading computerown as conficker. >> at symantec, the company that makes norton anti-virus software, engineers have been tracking conficker as it worms its way across the globe. >> this map is showing a visual representation of where all of the known infections of conficker are across the world. >> this is conficker. >> vice president steve trilling says the worm is now living on millions of computers, mainly in corporations. so far, the bad guys who created it haven't triggered conficker. it's just sitting out there like a sleeper cell. >> imagine a network of spies that has infiltrated a country, and every day, all of the spies are calling in for their instructions on what to do next. >> what's the worm being asked to do? >> that's the interesting thing. the only thing the worm is being asked to do is to ask for further instructions. >> so we're talking several months? >> that's right. >> several months, it's just been sitting there. >> that's exactly right. >> i don't know. i'm hearing jaws music.
in march 2009, leslie stahl reported on the furious efforts to stop the then-rapidly spreading computerown as conficker. >> at symantec, the company that makes norton anti-virus software, engineers have been tracking conficker as it worms its way across the globe. >> this map is showing a visual representation of where all of the known infections of conficker are across the world. >> this is conficker. >> vice president steve trilling says the worm is now living on...
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Dec 24, 2013
12/13
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i thought very interesting as joe brought up, she was very defensive when leslie stahl said we woulde is no doubt that she not john kerry would be the secretary of state now and there is no doubt that this -- she couldn't get confirmed after this and that's why she is not the secretary of state. >> you know what was hardest for me why don't you just tell us what happened. you know, i understand in the heat of battle you have got to make calls and you can make the wrong calls and 2020 hindsight think i should have done this, i should have done that they had time to think about whole video story and they kept pounding. what about that? panel thank you very much. tonight, 150 u.s. marines on the move spain to africa, they are prepared to go into south sudan if the state department demands evacuation more u.s. citizens. hundreds of americans have already fled the violence plagued south sudan a nation at the brink of civil war. so, let's all go off-the-record for a second. an election year 2012 i was south in south sudan with reverend franklin graham his organization samaritans first has
i thought very interesting as joe brought up, she was very defensive when leslie stahl said we woulde is no doubt that she not john kerry would be the secretary of state now and there is no doubt that this -- she couldn't get confirmed after this and that's why she is not the secretary of state. >> you know what was hardest for me why don't you just tell us what happened. you know, i understand in the heat of battle you have got to make calls and you can make the wrong calls and 2020...
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Dec 24, 2013
12/13
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i'm leslie stahl. thank you for joining us. captioning by captionmax www.captionmax.com [ticking] >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> we spent nine months investigating our story and asked the justice department about the state of their own investigations. the perception-- i mean, it doesn't seem like you're trying. >> well-- >> it doesn't seem like you're making an effort, that the justice department does not have the will to take on these big wall street banks. [ticking] >> anton valukas was the man in charge of investigating the collapse of lehman brothers, the fourth-largest investment bank in the world. >> isn't the government supposed to protect the investors? >> yes. >> aren't they charged with informing investors? >> yes. >> why didn't they do it? >> welcome to 60 minutes on cnbc. i'm bob simon. even though fraud played a significant role in the 2008
i'm leslie stahl. thank you for joining us. captioning by captionmax www.captionmax.com [ticking] >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> we spent nine months investigating our story and asked the justice department about the state of their own investigations. the perception-- i mean, it...
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Dec 16, 2013
12/13
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with the internet and dvds, the movie piracy business has exploded, and as leslie stahl reported in november of 2009, law enforcement is struggling to keep up. [clanking] >> los angeles police department. we got a search warrant. open up the door. >> every month, a special unit of the los angeles police department mounts two or three raids looking for pirates. [men speaking spanish] at a raid on this warehouse in downtown los angeles, they arrested two men who they say have been filling orders for counterfeit dvds for years. >> that's a pretty significant amount there. >> detective rick ishitani found one of their order books. >> these are all movie titles that recently came out. angels & demons, they ordered 100 movies. we got terminator. >> police say the suspects were wholesalers who acted like mobsters. they would pick up customers in this van and drive them around blindfolded before bringing them here to fill their large orders. the dvds are made by pirates who often sit in the back row of theaters and record movies with tiny cameras. illinois police say this man, gerardo arellano, did
with the internet and dvds, the movie piracy business has exploded, and as leslie stahl reported in november of 2009, law enforcement is struggling to keep up. [clanking] >> los angeles police department. we got a search warrant. open up the door. >> every month, a special unit of the los angeles police department mounts two or three raids looking for pirates. [men speaking spanish] at a raid on this warehouse in downtown los angeles, they arrested two men who they say have been...
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Dec 23, 2013
12/13
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she sat dawn with leslie stahl, she answered extensively what she was thinking on the talk shows talking all about a video. >> we saw these same talking points repeated over and over again. but one of the big questions was why was she even there? why wasn't hillary clinton -- >> or anyone at the state department. why wasn't john brennan, one of the security experts to describe what went wrong with benning. benning. -- with benghazi. >> she basically said hillary clinton had a tough week. >> i don't have time to think about a false controversy. in the midst of all the swirl, thing like talking points, the administration has been working hard across the globe to review our security of our embassies and facilities. that's what we ought to be focused on. >> unbelievable. part of that is understanding who attacked you and what went wrong. a false controversy is a huge insult. it goes to show you the mind set within that administration. the video and the movie was an actual joke. as the papers came out, they knew that was not the truth. >> a lot of that information she did give unfortunately c
she sat dawn with leslie stahl, she answered extensively what she was thinking on the talk shows talking all about a video. >> we saw these same talking points repeated over and over again. but one of the big questions was why was she even there? why wasn't hillary clinton -- >> or anyone at the state department. why wasn't john brennan, one of the security experts to describe what went wrong with benning. benning. -- with benghazi. >> she basically said hillary clinton had a...