is and what it does the corporation of london or city of london corporation is the government for the city of london the square mile the financial district which is actually the real city of london the rest of london isn't a city and its role is to basically lobby for the city but the thing is the city has been taken over by financial interests and banks so the corporations actual role has become to lobby nationally regionally internationally for the banks located in the city of london in the financial interests that it bought is the title of the documentary is secret city what's so secret about what it does i think in the first instance very very few people in london and certainly elsewhere in the country know about the corporation of london if i heard about the corporation of london they might have heard of the words the city of london but usually in the context of an economic reports that kind of flags it merely is a district within the city of london but it's actually a city and when you've got a city that people don't actually know about it secretive ok the corporation of london

accidental incompetence lord stevenson responded quote i deeply regret the mistakes made in the corporate london book and with the wisdom of hindsight i wish we could have done things to obviate them so with the wisdom of hindsight right here on the kaiser report we're going to look back in time oh to october two thousand and three at b.b.c. dot co dot u.k. mortgage customers urged to law house buyers are being encouraged to break the law in order to obtain huge mortgages the b.b.c.'s discovered brokers and even banking staff have been telling buyers to lie about their incomes to get bigger and bigger loans as they point out this is that a division of boss that they were looking at two thousand and three act over two thousand and three and they said the brokers themselves were telling the customer to lie on their application and then the b.b.c. money program said what shockingly what the ordinary human being out there of the sort that's going to be thrown into a container and. scum village doesn't realize is that they are breaking the law and they will do prison the guy encouraging you to do tha

if you think about it, we've got large corporate in central london burning vast amounts of energy. we've got a lot of historic buildings that's quite hard to green. so the impact of a green roof has fantastic insulation qualities. >> i think actually nbc is in central london. cnbc is here, but nbc will be part of the studios. i don't know if they have anything planned, but if the cost sounds relatively low, why do you think more haven't signed up for this? >> i think they will. i think it's fairly new to london and we're doing it in a fairly radical way by growing produce as opposed to having a green grassy rooftop. we like the idea of solutions getting involved. i think when you grow food, it's more human scale, it's something everyone can get involved in. so employee morale, employee retenti retention, getting that message out to the greener and more energy efficient is always good. >> i wonder if there's some pushback about recycling waste into the rooftops and having to use what's grown there. people aren't still a little bit put off by all that. >> i think today people are muc

corporations are all day. or against but i've been holed up in the ecuadorian embassy in london for six months julie the sun she's not been idle he hasn't let up on his wiki leaks works even published a book too and did on thursday the whistleblower set to announce his plans for twenty thirteen as he prepares to deliver a christmas address is r.t. sarah for. it's been six months to the day since julian a song thought refuge behind the doors of the ecuadorian embassy it was a bid to avoid extradition to sweden where he's wanted for sexual assault allegations that he continues to refuse to travel to sweden because if it will be extradited to the u.s. america investigating the wiki leaks website for publishing documents including on the wars in iraq and afghanistan now despite having twenty four hour around the globe acted within fifty six months the t.v. and we've had him publish a book we seem concerned with his health we seem to live in a sound addressing world leaders as well as giving a number of personal experience of into the city and of course the ongoing protests victories in support of both julian assange

latest news updates carney our london bureau is following the protests in the city against starbucks angry activists who threaten to occupy the company shops over the corporation tax is paid in britain despite huge revenues more videos and pictures from the day of action on our twitter page. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons western countries and said the use of such weapons would trigger foreign military intervention the situation is increasingly drawing parallels with the run up to the invasion of iraq ten years ago he has spoken to fulminate the state department chief of stuff norns wilkinson who was behind the report they know the case for the iraq war and what he thinks is next for syria and how justifiable to feel about its chemical nossel. i would be highly skeptical of any intelligence rendered by the one hundred forty plus billion dollar us intelligence community as to weapons of mass destruction in the possession of another country period i'm not violating any great confidence or any great prohibition in the intelligence community to tell you that we've known for y

know, some guy who isn the london office and you sign off on this, and you're culpable for some really big time penalties, fees and you know, we're asking a lot of corporate america and tying their hands up with the privacy issue, believe me i i'm not on facebook for that particular reason, but you kn, there's a flip side to this. we can't keep pressuring corporate america and ceo's to know every single aspect of their business if they don't have access to it. >> even if there's a law, sarah, asking for passwords, privacy picy is like swiss eese and employers will be able to find out plenty of dirt on people online without needing their passwords? >> i absolutelily come down on the side of privacy on this one. myroblem is really bad management. saying to your employees, i don't believe you have good judgment, i don't believe you're capable of doing whatever it is, t tks i hired you for or wanted to hire you for. it's psychology in the workplace. >> the employee does not need to go into facebook. it's not a law that they need to do it. ty're doing it because they want to reach out t friends and social networking. and lien, what you put out there online is

london property prices. i'm sure we all do. >>> turning to corporate properties, nokia stock is a little bit high tear. teaming up for a launch of its loomia windows phone. they are tapping the customer base. the world's biggest operators got more than 700 million sub skrubers. -- subscribers. tes co's fresh and easy chain was launched back in 2007. it's yet to make a profit despite tesco investing more than one billion pounds in venture. facebook will also soon be able to expand its friends list. they are being added to the nasdaq 100 next wednesday. it's beginning to replace emphasis, which is moving to nyc. the move comes roughly seven months after the firm's ipo. it also gives the company more exposure to investors through popular qtzf, which tracks the index. the qqq is the fourth most actively traded etf. facebook stock today in frankfurt up nearly half a percent. >>> and boeing says the faa will order the company today to inspect its entire flight of 787 dream liner jets for a possible problem with the fuel line. boeing says improperly installed fuel lines could lead to leaks. the inspection wer

york or london where many of our viewers are there is a cab industry and very likely regulations that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing a thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred eighty according to the new york post in stockholm reportedly their system is a little freer market where taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a dearth of cabs and some that couldn't even drive to my address because of the limits of their permits and rules governing them i hopped into a couple cabs to explore our own cities silly regulations and one market antidote we possibly found them taxi. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. i was right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you notice when you're driving cabs to the dad that is

corporate clients. jeremy hammond has been held without bail or trial for more than nine months. last week, julian assange mentioned him in a rare address from the ecuadorean embassy in londonhere he has sought asylum. >> i have been sustained by your solidarity, and i'm grateful for the efforts of people all around the world supporting the work of wikileaks, supporting freedom of speech, freedom of the press -- essential elements in any democracy. while my freedom is limited, at least i am still able to communicate this christmas, unlike the 232 journalists who are in jail tonight. unlike a journalist in sweden, unlike jeremy hammond in new york, tonight. unlike nabeel rajat in bahrain tonight. and unlike bradley manning who turned 25 this week. [applause] a young man who has maintained his dignity after spending more than 10% of his life in jail without trial, some of that time in a cage, naked and without his glasses. unlike some many others whose plights are linked to my own. i salute these brave men and women. >> that was wikileaks founder julian assange speaking at the window of the ecuadorean embassy in london, where he has taken refuge for the past six months. he ha

. >>> now, plans for the london and moscow listings suffered a blow this year when goldman sachs withdrew as a lead individualser on the ipo of alleged corporate governance issues. in a cnbc global exclusive, geoff cutmore asked alisher usmanov if events in october hurt his relationships. >> translator: i have always respected lloyd blankfein. goldman sachs is a company with which we are working with, the company that i control is working with. that is to say, i believe we will continue to work with gold pan sacks in the future. there is no doubt in my mind about that. what happened at that time is there were certain procedures that exist in goldman sachs. lloyd is the leader of a huge financial organization that have certain procedures. so given those procedures, they felt that they needed, at the time of os restructuring, our assets, they needed to make certain verifications, certain clarifications and we for our part felt that we couldn't wait. we didn't want to wait. therefore, we said you either accept our plan and our schedule or we will proceed without you. we'll move on. and it's not a question of goldman sachs rejecting us or us rejec