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Apr 24, 2016
04/16
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BLOOMBERG
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and so i got to know sergey.ly: what was that like for you being on the front lines at the founding of google? anne: i think sergey and larry, the thing i was most inspired with was they did not start it because they wanted money. they started it because they had the dream of having the world's information on their laptop. i remember at one point they could have sold the company and then be professors and life would've been good, too. they did things in their own way. secondly, i would complain to larry about the health care space and how much i felt like healthcare was dysfunctional. he's like look, you're either part of the solution or part of the problem. that was kind of one of those calls to action. that was very much them. like, if it's bad, fix it. emily: one of the things you learned early on was that sergey was predisposed to parkinson's disease. that became a critical part of the story of 23andme and the way you communicated what you were trying to achieve. anne: the discovery came out right around the
and so i got to know sergey.ly: what was that like for you being on the front lines at the founding of google? anne: i think sergey and larry, the thing i was most inspired with was they did not start it because they wanted money. they started it because they had the dream of having the world's information on their laptop. i remember at one point they could have sold the company and then be professors and life would've been good, too. they did things in their own way. secondly, i would complain...
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Apr 10, 2016
04/16
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BLOOMBERG
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bill: anne and sergey was insistent i go back to california.ntroduced me to -- me to david drummond. over the course of 19 interviews, they decided ok, bill, we will ask you to start looking into this. there was no checkbook given or anything. what should we do in venture? i spent six months looking at different models and looking into how it might work, and then part of my job was we hired a recruiting firm to start google ventures. it was not going to be me. but as i interviewed people for the role, i discovered the thing i discovered when i sat next to anne and we talked to people pitching us companies. nobody does anything. -- nobody knows anything. the people i am talking to to start this fund do not know anything about google. it does not seem like they have special knowledge about these technology companies. so i just volunteered and said i would like to give it a try. emily: you rebranded from google ventures to gv. was this an attempt to distance yourself from the google name? bill: no. people called us gv anyway. it was the easiest th
bill: anne and sergey was insistent i go back to california.ntroduced me to -- me to david drummond. over the course of 19 interviews, they decided ok, bill, we will ask you to start looking into this. there was no checkbook given or anything. what should we do in venture? i spent six months looking at different models and looking into how it might work, and then part of my job was we hired a recruiting firm to start google ventures. it was not going to be me. but as i interviewed people for...
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Apr 9, 2016
04/16
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BLOOMBERG
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emily: anne went on to marry sergey brin. the cofounder of google. she is the cofounder of 23 and me. she told you about google. bill: here are these two stanford dropouts starting the company. i had a path i was on and i wanted to see where it would lead. emily: you started a web company in vermont and sold it. bill a lot happened in between. : i slept under my desk and ate a lot of canned foods. payroll with my credit card, and march of 2000 when the market crashed, it was not worth anything to anyone. we had to see it through the period and sold it in 2002 to web.com. emily: you ended back at google. and sergei were insistent that i go back to california, because that is where the future was. over the course of 19 interviews, they decided ok, bill, we will ask you to start looking into this. there was no checkbook given. what should we do in venture? months thinking about different models and how it might work. of my job was that we hired a recruiting firm to find ahead of google ventures. it was not going to be me. as i interviewed people for the
emily: anne went on to marry sergey brin. the cofounder of google. she is the cofounder of 23 and me. she told you about google. bill: here are these two stanford dropouts starting the company. i had a path i was on and i wanted to see where it would lead. emily: you started a web company in vermont and sold it. bill a lot happened in between. : i slept under my desk and ate a lot of canned foods. payroll with my credit card, and march of 2000 when the market crashed, it was not worth anything...
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Apr 5, 2016
04/16
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CNBC
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sergei in new york. sergei. >> caller: hey, jim. it's serge. boo-yah. >> what's up? >> caller: i see there is weakness in the restaurant space. there is a stock i like. will we see new lows on buffalo wild wings? >> this stock has not kept pace with the market. i think we just got march madness. i saw the stock go down after march madness. i am going to tell you that i don't think it is the right time now for buffalo wild wings. there is others in better. not many companies can raise past the resurgence of mcdonald's. but sonic can. i think the company has room to run. there is more "mad money" ahead. the biotech has shown signs of life. i will see if the uptick continues and looking for plays in the patch? i will tell you who can weather the storm. plus have your questions ready. i'm taking your calls in the lightning round. so why don't you stick with cramer! ♪ the new craftsman pro series riding mowers. now available with power steering. so you can turn with ease. available with the tightest turning radius in the industry. and powerful v twin engines with up to 26
sergei in new york. sergei. >> caller: hey, jim. it's serge. boo-yah. >> what's up? >> caller: i see there is weakness in the restaurant space. there is a stock i like. will we see new lows on buffalo wild wings? >> this stock has not kept pace with the market. i think we just got march madness. i saw the stock go down after march madness. i am going to tell you that i don't think it is the right time now for buffalo wild wings. there is others in better. not many...
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Apr 3, 2016
04/16
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BLOOMBERG
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i go sergei was insistent back to california. over the course of 19 interviews, they decided ok, bill, we will ask you to start looking into this. what should we do in venture? i spent six months looking into how it might work, and then part of my job was we hired a recruiting firm. as i interviewed people for the role, i discovered the thing i discovered when i sat next to anne and we talked to people pitching us companies. nobody does anything. the people i am talking to do not know anything about google. it does not seem like they have special knowledge about technology companies to try volunteered and thought i would like to give it a try. was this an attempt to distance yourself from the google name? bill: people called us gv anyway. it was easiest. ventures wouldle kind of misleading in a way that we would not call it verily ventures. it is wrought her than that. it is not a google service. we tried literally 1000 or so different names and we thought gv was the most obvious. the same as it was between gv and google before t
i go sergei was insistent back to california. over the course of 19 interviews, they decided ok, bill, we will ask you to start looking into this. what should we do in venture? i spent six months looking into how it might work, and then part of my job was we hired a recruiting firm. as i interviewed people for the role, i discovered the thing i discovered when i sat next to anne and we talked to people pitching us companies. nobody does anything. the people i am talking to do not know anything...
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Apr 21, 2016
04/16
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KCSM
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. >>> japanese foreign minister fumio can i shia and his russian counterpart sergei lavrov met in tokyo and agreed to hold working level talks on signing a peace treaty after the summit. the negotiations on the treaty will seek to find a mutually acceptable solution for the territorial dispute over four islands that japanese call the northern territories. a day earlier putin told reporters he and abe will discuss all issues. he said the two countries will be able to reach a compromise on the islands someday. >>> in india's northern state, rescuers are trying to pull people from the rubble of a collapsed building. it happened in early hours of wednesday. police and firefighters launched a rescue operation. >> translator: i was inside my house when suddenly i heard people screaming. the building had collapsed. people were lying underneath the debris. >> last month in calcutta, a highway overpass that was being built collapsed, killing dozens of people. in 2013, at least 74 people were killed when a building under construction collapsed in the western city of mumbai. >>> as many as 500 are
. >>> japanese foreign minister fumio can i shia and his russian counterpart sergei lavrov met in tokyo and agreed to hold working level talks on signing a peace treaty after the summit. the negotiations on the treaty will seek to find a mutually acceptable solution for the territorial dispute over four islands that japanese call the northern territories. a day earlier putin told reporters he and abe will discuss all issues. he said the two countries will be able to reach a compromise...
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Apr 5, 2016
04/16
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CNNW
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but a musician named sergei roldugan is. he's a lifelong friend of mr. putin.sian journalist who combed through the papers explains what that might mean. >> translator: asset turnover results to millions of dollars. the most important here, is that he is a musician. he cannot have this on his own. we suppose he kept it for the head of state. we see the way his companies are financed. and it violates the law because money obtained from equity trading from russian state companies was transferred there. but in reality, the equity trading never took place. the deals were back dated. he secretly owned assets in russia's strategic industries. >> and the kremlin has dismissed the panama papers as a series of fibs meant to discredit president putin. matthew chance has more on the reaction from maoscow. >> reporter: the kremlin says this is putin phobia, to describe what he says is the west's inability to stay anything positive about russia or its leadership. the kremlin spokesman saying that these reports were specifically designed to target vladimir putin, with the in
but a musician named sergei roldugan is. he's a lifelong friend of mr. putin.sian journalist who combed through the papers explains what that might mean. >> translator: asset turnover results to millions of dollars. the most important here, is that he is a musician. he cannot have this on his own. we suppose he kept it for the head of state. we see the way his companies are financed. and it violates the law because money obtained from equity trading from russian state companies was...
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Apr 13, 2016
04/16
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LINKTV
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a source says russia's lower house speaker, sergei naryshkin, plans to visit tokyo in june for a cultural event and is considering going to hiroshima to pay respects to the victims of the atomic bombing. russia apparently wants to demonstrate it recognizes the devastation caused by the bombing. it may also be aiming to stop america's initiative in talks concerning nuclear-related issues. russia has been strengthening its criticism of the atomic bombings of hiroshima and nagasaki. >>> when the u.s. dropped an atomic bomb in hiroshima in 1945 it killed tens of thousands of people including a group of american p.o.w.s. few people knew about the death of the u.s. servicemen but one survivor is trying to change that. he's the focus of a documentary telling the lesser known stories of world war ii. >> reporter: a moment that was years in the making. meeting with the families of p.o.w.s who died when the u.s. bombed hiroshima. it's a scene from the do you meanary "paper lanterns." he was only 8 at the time of the bombing but devoted much of his adult life piecing together what happened to 12 ame
a source says russia's lower house speaker, sergei naryshkin, plans to visit tokyo in june for a cultural event and is considering going to hiroshima to pay respects to the victims of the atomic bombing. russia apparently wants to demonstrate it recognizes the devastation caused by the bombing. it may also be aiming to stop america's initiative in talks concerning nuclear-related issues. russia has been strengthening its criticism of the atomic bombings of hiroshima and nagasaki. >>>...
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Apr 5, 2016
04/16
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KNTV
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the papers point to sergei roldugin, godfather to putin's daughter, placed in charge of the company. then there's putin's banker, uri co-val chuck, already under u.s. sanctions for ukraine, nicknamed by u.s. officials, cashier to the kremlin. and more mystery. another major player in the documents, mikhail less in. the former head of putin's propaganda operation was found dead in this washington, d.c. hotel in november, bludgeoned to death. >> he would have been able to speak about that but not anymore. >> reporter: protests tonight in iceland where the prime minister accused of hiding money denied wrongdoing but walked out of an interview when asked about it. many of these offshore companies are legal, and putin's spokesperson called the vinvestigation an attack against russia. >> i think putin's press barons will now work overtime to make sure this story is buried. >> reporter: the law firm says it only sets up the companies. it's not responsible for how they're run. no comment from jackie chan. but the justice and treasury departments are already poring through these documents, le
the papers point to sergei roldugin, godfather to putin's daughter, placed in charge of the company. then there's putin's banker, uri co-val chuck, already under u.s. sanctions for ukraine, nicknamed by u.s. officials, cashier to the kremlin. and more mystery. another major player in the documents, mikhail less in. the former head of putin's propaganda operation was found dead in this washington, d.c. hotel in november, bludgeoned to death. >> he would have been able to speak about that...
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Apr 17, 2016
04/16
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BLOOMBERG
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through building a relationship and getting to know larry and sergey and various people inside the teamot more and more comfortable with the executives, and a lot of the people we were working through that -- the investment process, as well as the preceding two and a half years. so, we have been dating for a while, in a way. we were dating before we got married for two and a half years, so we really got to know each other. the final part was the last three months. it was really this -- maybe we should get engaged discussion. should we get engaged? do you want to have kids? where do you want to live? what would we call the kids and what would our last names be? it was all of those little details before we said we were going to get married. emily: was there any part of you that said, "god, i don't know, this is my baby," maybe it could be bigger. -- this is my baby. maybe it could be bigger?" randy komisar, kleiner perkins, thought you could be far bigger than even $3.2 billion. tony: it was never about money. it was about building the right thing. this wasn't about money. the number was
through building a relationship and getting to know larry and sergey and various people inside the teamot more and more comfortable with the executives, and a lot of the people we were working through that -- the investment process, as well as the preceding two and a half years. so, we have been dating for a while, in a way. we were dating before we got married for two and a half years, so we really got to know each other. the final part was the last three months. it was really this -- maybe we...
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Apr 29, 2016
04/16
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BLOOMBERG
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sergey brin was still touting google blast in 2010.ne, ad revenue rose 62% from the previous year. bloomberg sat down with facebook's vp for global marketing solutions to find out how the company markets to different asian companies. >> it's interesting. we do see cultural differences. for example, we have certain countries in asia that think we should have more marketing available via facebook and instagram newsfeeds. i'm fine with the marketing, but make sure it is relevant. the number one complaint we get about facebook is not that there is too much or too little, it's that it is not as relevant as it should be. because the expectation is, if you are reaching me on my personal device, you are serving up something that is going to be useful and add to my experience. reporter: is that down to the technology, the algorithms to be able to help personalization that much more? >> we are actually making significant investments in artificial intelligence to make the algorithms even smarter, to determine what content should we serve up. at a
sergey brin was still touting google blast in 2010.ne, ad revenue rose 62% from the previous year. bloomberg sat down with facebook's vp for global marketing solutions to find out how the company markets to different asian companies. >> it's interesting. we do see cultural differences. for example, we have certain countries in asia that think we should have more marketing available via facebook and instagram newsfeeds. i'm fine with the marketing, but make sure it is relevant. the number...
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Apr 24, 2016
04/16
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BLOOMBERG
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this as ceo anne wojcicki had to face a very public divorce from her husband, google co-founder sergey later, wojcicki and 23andme had made a remarkable comeback with its first fda approved consumer product, new funding and a $1.1 billion
this as ceo anne wojcicki had to face a very public divorce from her husband, google co-founder sergey later, wojcicki and 23andme had made a remarkable comeback with its first fda approved consumer product, new funding and a $1.1 billion
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Apr 6, 2016
04/16
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ALJAZAM
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the russian foreign minister sergei lavrov made the pledge to special u.n. envoy who was visiting moscow. the geneva-based peace talks have stalled because the syrian negotiators have been unwilling to discuss the possibility of president assad leaving office. >>> fighting shows syrian army forces firing on al nusra targets. it's part of a push to retake the village that overlooks the highway to the capital of damascus. it's currently controlled by the al nusra front group that is linked to al-qaeda. and in the heavy fighting prompting groups to warn that syria's largest city could face a devastating siege. >> ahmed and his family rely heavily on food handouts. but it's barely enough. he is scared that kurdish fighters could cut off the only road out of aleppo. >> god for bid if the road is closed it would an big problem for us. there would be shortage in cooking oil, flower, other food stuff, but the problem is people are poor. they don't have the ability to stock food. >> aleppo is syria's largest city. government forces control the eastern side while the
the russian foreign minister sergei lavrov made the pledge to special u.n. envoy who was visiting moscow. the geneva-based peace talks have stalled because the syrian negotiators have been unwilling to discuss the possibility of president assad leaving office. >>> fighting shows syrian army forces firing on al nusra targets. it's part of a push to retake the village that overlooks the highway to the capital of damascus. it's currently controlled by the al nusra front group that is...
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Apr 5, 2016
04/16
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CNNW
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but many russians are, including a musician named sergei, a close friend of mr. putin.ussian journalist to exam the papers explains what that might mean. >> translator: asset turnover in these companies amounts to billions of dollars. the most important note is that he is a musician. our guess is that he kept it for someone else. and we suppose that he did so for the head of state. >> let's bring in cnn money europe editor, nina dos santos, who joins us live from our london studios. hey, nina. vladimir putin not named in the leaked papers. his close friends are. and moscow is not happy. what's the fallout so far? and where is this all going? >> you have to remember, rosemary, that vladimir putin enjoys record popularity in russia. from london, these allegations have raised all sorts of eyebrows. let me remind you of what we're talking about. vladimir putin, 1 of 12 current heads of state, that seem to have had their names dredged up, for a massive download of documents, a panamanian law firm, whose prior mare goal, who spent years poring through some of the files, this
but many russians are, including a musician named sergei, a close friend of mr. putin.ussian journalist to exam the papers explains what that might mean. >> translator: asset turnover in these companies amounts to billions of dollars. the most important note is that he is a musician. our guess is that he kept it for someone else. and we suppose that he did so for the head of state. >> let's bring in cnn money europe editor, nina dos santos, who joins us live from our london studios....
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Apr 10, 2016
04/16
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BLOOMBERG
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yet in 2008, sergey brin and larry page tapped him to start a capital fund.gle ventures , or g-v was born. ,since then, the investment arm of awful that has become one of the most active vc firms in silicon valley, with $2.4 billion to spend and investments in over 300 companies, including
yet in 2008, sergey brin and larry page tapped him to start a capital fund.gle ventures , or g-v was born. ,since then, the investment arm of awful that has become one of the most active vc firms in silicon valley, with $2.4 billion to spend and investments in over 300 companies, including
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Apr 6, 2016
04/16
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ALJAZAM
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special envoy is in moscow to meet the foreign minister sergey lavrov.e is hoping for more negotiations ahead of the next round at that you can answer to end the conflict. >> i want to make a point, we are pleased on the case came from the englishration it is a symbol of what needs to be beginning of freeing the area for international value, which we have been waiting for. it's something. >>> there are con conflicting reports as to whether a cease-fire between azerbjain is holding. the two countries agreed to halt futuring after four days of conflict t armenian backed forces say the cease pfeiffer held overnight. but it is reported 115 armenian violations in the past 24 hours. more to come on the newshour including these stories. panama's government goes do damage control government it's all about reforming the financial sector, it says. plus. >>> i am andrew thomas. the port villa airport in vanauatu. i will explain why the poor condition of this runway is a man-made disaster is equivalent to a cyclone that hit this country. >> barcelona. that will stor
special envoy is in moscow to meet the foreign minister sergey lavrov.e is hoping for more negotiations ahead of the next round at that you can answer to end the conflict. >> i want to make a point, we are pleased on the case came from the englishration it is a symbol of what needs to be beginning of freeing the area for international value, which we have been waiting for. it's something. >>> there are con conflicting reports as to whether a cease-fire between azerbjain is...
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Apr 7, 2016
04/16
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ALJAZAM
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sergey lavrov held talks with him in baku. russia has helped to hold a truce in the territory. >>> sod sides in january agreed to a transitional government in sudan, reappointing the former vice president. >>> hundreds of bangladesh students protested against the killing of a liberal blogger. a law student who had expressed secular views on line was hacked with machetes and sheen shot. demonstrators blocked roads around the university demanding those responsible be arrested. we know how many assailants there were. are the authorities talking about an official motive here? >> no, their usual answer is they're looking into it, there will be investigation into it. of course most of the people are arrested on suspicions and they're usually from a brand of local militants organization, although we can't independently confirm those things. bangladesh has experienced last three years, six of these blogger killings, along with writers and even in some cases journalists. there were a couple of journalists, both were killed inside their
sergey lavrov held talks with him in baku. russia has helped to hold a truce in the territory. >>> sod sides in january agreed to a transitional government in sudan, reappointing the former vice president. >>> hundreds of bangladesh students protested against the killing of a liberal blogger. a law student who had expressed secular views on line was hacked with machetes and sheen shot. demonstrators blocked roads around the university demanding those responsible be arrested....
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Apr 12, 2016
04/16
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WNBC
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offshore companies fronted by friends of his, including a close family friend who's a cellist, called sergei roldugin and also his judo master, no less. >> seth: that's right. he allegedly funneled money through his judo master which makes sense because vladimir putin loves judo. in fact on multiple occasions he's granted media access to his judo session. and as you'd expect they're super weird. [ laughter ] >> seth: move over jet ski, there's a new way to look lame and active. also, anyone else get the sense his opponent was taking a fall? first rule of vladimir putin fight club, go rag doll limp. [ laughter ] but maybe the most embarrassing thing about this for putin is the revelation that he even has a judo master compared to president obama who, of course, is his own judo master. >> that's the most persistence fly i've ever seen. [ smack ] nice. [ laughter ] >> now, where were we? [ laughter ] [ cheers and applause ] >> seth: i identally, that fly was also funneling money for puknoin. [ laughter ] so the putin allegations are the most colorful example of corruption associated with offsho
offshore companies fronted by friends of his, including a close family friend who's a cellist, called sergei roldugin and also his judo master, no less. >> seth: that's right. he allegedly funneled money through his judo master which makes sense because vladimir putin loves judo. in fact on multiple occasions he's granted media access to his judo session. and as you'd expect they're super weird. [ laughter ] >> seth: move over jet ski, there's a new way to look lame and active....
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Apr 5, 2016
04/16
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CNNW
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sergei roldugin, a concert cellist who has been a friend of putin's since they were children. dollars in profits through those offshore companies. >> i think it shows that mr. roldugin might abe better investor than he is a cellist. >> reporter: sergei roldugin told the guardian he was connected to those businesses a long time ago, "before perestroika, when russia became more open to the west in the late 1980s." the accusations stretch beyond russia's borders. saudi arabia's king salman allegedly used a company in the british virgin islands to take out $34 million in mortgages for his london homes. there's nothing to suggest anything the king did was illegal. >> he may be looking to these offshore accounts as just a safer place to hold their money. >> reporter: but the perception inside his kingdom, analysts say, may hurt him. >> i can imagine that the people on the ground in these countries are likely seething as they -- as the optics are rather horrible. >> reporter: cnn tried to get response from the saudi government to the reports in riyadh and here in washington. they hav
sergei roldugin, a concert cellist who has been a friend of putin's since they were children. dollars in profits through those offshore companies. >> i think it shows that mr. roldugin might abe better investor than he is a cellist. >> reporter: sergei roldugin told the guardian he was connected to those businesses a long time ago, "before perestroika, when russia became more open to the west in the late 1980s." the accusations stretch beyond russia's borders. saudi...
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Apr 10, 2016
04/16
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FOXNEWSW
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i'm proud of such people like sergei among my friends.the money he earned there to buy rare musical instruments and brought the home russia. >> hard to imagine someone could make hundreds of millions of dollars buying and selling musical instruments. the kremlin acted very strangely. a week before we publish this story acting on questions we sent to them they called a press conference and denounce this. they said it's a plot of the u.s. to discredit russia. we knew it would be a much bigger story. >> where do you think this is headed? >> hard to know. we're working on 370 journalists in more than 100 countries. they have eyes on the documents. millions of secrets here. >>> as we look at this and the bigger picture in terms of what this means for somebody like the kremlin i don't think anyone had any idea that put wasn't corrupt. i think that's a well-known fact most of eastern europe is corrupt. is there a chance we'll learn how corrupt or how they are doing it, how they are moving money. those kinds of things? >> we're seeing for the ver
i'm proud of such people like sergei among my friends.the money he earned there to buy rare musical instruments and brought the home russia. >> hard to imagine someone could make hundreds of millions of dollars buying and selling musical instruments. the kremlin acted very strangely. a week before we publish this story acting on questions we sent to them they called a press conference and denounce this. they said it's a plot of the u.s. to discredit russia. we knew it would be a much...
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Apr 1, 2016
04/16
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CNBC
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russian foreign minister sergey lavrov says leaks on a deal between assad are unfounded, saying the futurefor the syrian people to decide. >>> the brussels airport will reopen tonight. but airport police may strike sunday to protest what they say were lack security measures by authorities. >>> security camera video captured the moment when a car bomb exploded in southeast turkey. today the outlaws kurdistan workers party claimed responsibility. >>> seven people were injured when a harbor cruise boat hit a pier while docking in san diego on thursday. the bow of the vessel was badly damaged. mechanical malfunction is being blamed for the crash. that's the cnbc news update for this hour. sara, back to you. >>>ant to draw your attention to the market. one hour into trading here, we have seen quite a reversal for u.s. stocks. the dow is now positive, just around the unchanged line after being down triple digits earlier in the session. some of the energy and commodity names are still being hit hard after a 3% fall in the price of oil, better economic news starting with the u.s. jobs report. and
russian foreign minister sergey lavrov says leaks on a deal between assad are unfounded, saying the futurefor the syrian people to decide. >>> the brussels airport will reopen tonight. but airport police may strike sunday to protest what they say were lack security measures by authorities. >>> security camera video captured the moment when a car bomb exploded in southeast turkey. today the outlaws kurdistan workers party claimed responsibility. >>> seven people were...
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Apr 4, 2016
04/16
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CNNW
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. >> reporter: sergei rodugan who has been a friend of put ip's since they were children. he made hundreds of millions of dollars in profits through those offshore companies. >> i think it shows that mr. rogugan may be a better investor than cheflis icellist. >> reporter: russia became more open to the west in the late 1980s. it stretched beyond russia's borders. there's nothing to suggest anything the king did was illegal. >> he may be looking to these offshore accounts as a safer place to hold their money. >> reporter: the perception inside his kingdom may hurt him. >> i can imagine the people on the ground in these countries are skeeeething as the optics a horrible. >> reporter: cnn tried to get a response from the saudi government to these reports. they have not responded. the panamanian law firm denies doing anything illegal. it's possible at least some of the alleged corrupt transactions could have used the u.s. financial system which would be illegal under american anti-corruption and money laundering laws. the justice department says it's aware of these reports. it
. >> reporter: sergei rodugan who has been a friend of put ip's since they were children. he made hundreds of millions of dollars in profits through those offshore companies. >> i think it shows that mr. rogugan may be a better investor than cheflis icellist. >> reporter: russia became more open to the west in the late 1980s. it stretched beyond russia's borders. there's nothing to suggest anything the king did was illegal. >> he may be looking to these offshore accounts...
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Apr 27, 2016
04/16
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the russian media has been trying to rewrite history as what happened with sergei mignitski. the united states, the administration has used its inherit authority to grant certain types of sanctions against those who perpetrated those crimes in russia and has also used the authority under the law that was passed. can you just comment as to the basis for imposing those sanctions as it relates to the allegations that has been made by the russian press? >> one thing i've learned about our sanctions programs in this job is how high the bar is for our lawyers, our investigators, the folks who determine whether a particular individual meets the criteria that congress has laid out for application of a particular sanction and i can tell you in the migniski case, we relied on multiple sources of information in making these determinations. it's reviewed by many people in the united states government who have to be confident that the information is credible before we put somebody's name on that list. the justice department is involved. the treasury department is involved, in addition to
the russian media has been trying to rewrite history as what happened with sergei mignitski. the united states, the administration has used its inherit authority to grant certain types of sanctions against those who perpetrated those crimes in russia and has also used the authority under the law that was passed. can you just comment as to the basis for imposing those sanctions as it relates to the allegations that has been made by the russian press? >> one thing i've learned about our...