and japan more as michael woodford former president and c.e.o. of olympus author of exposure in just a moment. still ahead from senate confirmation high jinks to senator alan simpson a video about the old coots cleaning out the treasury has or has words will cover both after the break but first your closing market numbers. wealthy british soil the sun. rises. markets why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report. download the official publication to choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch on t.v. any time of the. crime. good good. good . welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's here on our set giving us the lessons that he feels not pulling any punches when it comes to japanese corporate governance and now i want to speak more broadly to you about th

and japan more as michael woodford former president and c.e.o. of olympus author of exposure in just a moment. still ahead from senate confirmation hi james to senator alan simpson video about the old coots clinton out the treasury has or has words to cover both after the break but first your closing market numbers. culture is that so much different a huge percentage of the person on the mark with her would seem like fantasy only two years ago could become a reality very soon with a strong sense of identity and spread across the middle east because. the same issues. are going to take three years for judges. to make amends three. three stooges priests. mostly blunt just plug in video for your media projects a free media dog r t v dot com. or you. can. go to the my. mum. good. welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's here on our set giving us the lessons that he feels not pulling any punches when it comes to japanese corporate governance and now i want to speak more broadl

and japan more as michael woodford former president and c.e.o. of olympus author of exposure in just a moment. plus still ahead from senate confirmation hi james to senator alan simpson video about the old coots clinton out the treasury has or has words will cover both after the break but first your closing market numbers. here is mitt romney trying to figure out the name of that thing that we americans call a dollar. i'm sorry i'm just a guy who cares an awful lot of money you sir are a fool you know what kind of my soul but i don't want us to defeat terrorism the only liberal democrats trying. to secure the support of the. you know the for going to distract us from what you and i should care about because they're profit driven industry that sells a sensationalistic garbage he calls it breaking news i'm abbie martin and we're going to break this that. welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's here on our set giving us the lessons that he feels not pulling any punches whe

company to blow the whistle on his own company and he then says he fled japan fearing his life michael woodford is here to tell us about and the broader issues we should be aware of his former president c.e.o. of the m.p.'s and he's written a book about all this you can see it there it is called expose your and he's going to expose to us what perhaps a limp is serves as a lens into corporate culture to sorry i just had to get all those horrible little metaphorical figurative language to bits in there but thank you for being here it's my pleasure so let's start you know going back a little bit for our audience that is ever million with this story and hasn't read your book yet i set it up a bit but let's back up because when you're at this company you are trying to get to the bottom of these bizarre mergers and acquisitions these financial such shenanigans as money that was going to the cayman islands and then you were fired then you went public so maybe you could just back up and kind of tell us what you

of the japanese company olympus michael woodford is here he went from thiel level executive to whistleblower he's here to talk about the one point seven billion dollar fraud he exposed as well as what he thinks about warren your business practices and economic help in japan and president obama says he would love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector we'll have a reality check plus former senator alan simpson has been a guest on this show and he has a new message for millennia old. used to gramley your breakfast in your first world problems and give the on you tube show you can see gangnam style well. we will talk more about what's behind the debt related directive in loose

and japan more as michael woodford former president and c.e.o. of olympus author of exposure in just a moment. plus still ahead from senate confirmation hi james to senator alan simpson video about the old coots clinton out the treasury has or has words we'll cover both after the break but first your closing market numbers. wealthy british style. is not on the tires on. the. market so why not. come to find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines join in two cars a report on. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture. eh. eh eh eh a. good laboratory. to build. anything tim's mission to teach me. this is why you should care only. welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's h

and japan more as michael woodford former president and c.e.o. of olympus author of exposure in just a moment. still ahead from senate confirmation high jinks to senator alan simpson video about the old coots cleaning out the treasury has or has words to cover both after the break but first your closing market numbers. for the. science technology innovation all the moves developments from around russia we've got the future covered. mission free accreditation free in-store charge is free. range means free. three stooges free. old free broadcast clothing videos for your media projects a free media dog r t v dot com. the gold fever. turns out his hands into slaves. my father but also among brotherhood involved in the mines and since i started working at the moment i stated i look a. bit multinationals. trying to be milked dry but i think that in this country gold medal logie has an environmental cost which is unacceptable notably. this was labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we

and japan more as michael woodford former president and c.e.o. of olympus author of exposure in just a moment. still ahead from senate confirmation hi james to senator alan simpson video about the old coots plan an out the treasury has or has words to cover both after the break but first your closing market numbers. low. technology innovation all the developments around russia we've got those huge earth covered. the gold fever. trance thousands into slaves. must follow but also among brotherly involved in the monsoon and since i started working at the moment i stated i look at it and feel multinationals. make it a cash cow to be milked drawing and if i think that in this country gold medal logie as an environmental cost which is unacceptable to local business was labelled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace. most book almost but we are forced to pay protection to illegal groups watch for prices colombia going to pay. the price of the modest effect on r.t. . is due to its. fo

michael woodford was president and ceo of japan's olympus corporation.ream job turned in to a nightmare when he discovered the company had hidden more than $1 million in investment losses. he has a new book out called exposure. you had been at the company for a while but you were not the president and ceo. >> i'd been with the company for three decades. but became president on the first of april and was fired as president and ceo on the 14th of october. so 6 1/2 months. >> was it the previous ceo that orchestrated this? >> yes, he's admitted his guilt. >> and chairman was in cahoots? >> the former chairman and ceo became president. >> were you chairman, as well? >> no i wasn't. i was president and ceo. he remained chairman. he was known by many as the dr. evil character. and if you see his face, he looks like dr. evil and he was evil. >> it's hard to imagine. this is kind of a stunning story. just the idea that you could cover p broad losses. your problem was you looked and you saw the acquisitions that looked like ridiculous deals. advisers were getting