35 Burst results for "Danske"
Democrats Are About to Expose a Great Political Exodus
"Democrats and the left are about to expose one of the great political exoduses we're ever going to see. Leading up to the 2016 election, it was conceived to be impossible for Republicans to win white, working class voters, specifically in Ohio and Pennsylvania. They are now the base of the Republican Party. The muscular class is the strongest part of the Republican Party. It's changed dramatically, in the case in just 6 to 8 years. Largely because Democrats have gone so socially woke, but also thanks to the pro American policies, pro American immigration policies that made the base of the Republican Party that old base of the Democrat party, which happened almost overnight. And so you have Ricardo Levine, you have William Thomas winning national championships, you have Disney acting like men and women have no differences in contagion Brown Jackson saying she doesn't know what a woman is. I'm going to make an argument. And it's a really good sign, I believe. This is happening so fast. It's so rapid. It's so hyper aggressive. That there is an opportunity the same way that Donald Trump won over white working class voters. That traditional older legit feminists are going to start to push back against the Democrat party. We're already starting to see this with Cara Danske who was a guest on our program with a TBN special that we did. We're already starting to see the early signs of a mass defection from the Democrat party. This is not popular. It just isn't. It's not popular to kick people off Twitter because they dead name somebody, whatever that means.
'Radical Feminist' Kara Dansky Is Fighting for Women and Girls
"Back. We are joined by someone that I was so moved by when I saw segment for conversation with Tucker Carlson, Carrie Danske, a self described radical feminist. Is that fair? Yes, absolutely. And you have some opinions on this transgender topic. I do. I do. And I write all about them in a book called the abolition of sex, how the transgender agenda harms women and girls. So what's wrong with the transgender movement? Why would a radical feminist care about that? Yeah, so I mean, radical feminism is all about protecting the rights privacy and safety of women and girls. And we can not do that as a movement if we can not define the category of women and girls to exclude males. So I'm just so interested in this because it's rare to be able to talk to somebody like you because I've been saying where are the feminists? Yeah. Where are the feminists? And especially when you talk about this whole transgender issue, it would probably be the one group that should be the most vocal about this issue. Why is there a large amount of silence when it comes to this? From most of the institutional feminist groups. Right. It's a really good question. And senator Paul, when he was questioning doctor Levine to be assistant secretary of health at HHS, ask that very question, where are the feminists? And it's a reasonable question because you wouldn't have heard of us because most mainstream media outlets will not talk about us. The New York Times will not talk about us, The Washington Post, NBC, ABC CBS MSNBC. None of them will platform leftist feminist gay rights, critiques of gender identity. And just so you know, I don't call it the transgender agenda. I just call it fighting for women and
UN, US to Sudan military: Show restraint during protests
"Sydney security forces shot and killed protesters in the country's capital as thousands took to the streets to protest recent minute tree Q. the sound of gunshots echoed through the streets of Khartoum Sudanese military patrolled the streets of the capitol as protesters marched in full C. against the minute she government take care of a several people were killed despite repeated appeals by the west to sit danske Medici route is to show restraint and allow peaceful protests spread across two groups had called for protests across the country to prosper reinstating it depends transitional governments which threatens to derail the country's full transition to democracy I'm
Africa's Great Green Wall to combat desertification secures $16.8 billion in international finance Impact
"Now we have science writer. Rachel danske with an update on africa's great green wall project which will soon see an infusion of billions of dollars from the world bank and others this project. The great green wall is intended to serve as a bulwark against desertification of the land south of the sahara desert while at the same time supporting communities that live in this region. Okay rachel how're you doing. I'm doing well. Thanks for having me sure. This is a rape big wall. This is a big project. It's basically supposed to be this green band that spans about seven thousand kilometers across the whole hop of africa. It launched back in two thousand seven. Rachel what would you say. The progress has been since two thousand seven now to two thousand twenty one almost non-existent which is why they launched this new round of funding last month. There was an assessment that found that a fraction of the goal had been achieved so far and the goal is for twenty thirty so they realized that time was running out right throughout this piece. You make this really important distinction between planting a tree and growing a tree. Why is that so important to think about when you know thinking about restoring lands or planting trees to help prevent desertification. The first time. I heard it. I just thought well. That's a really good way to put it. And then when racer after another would phrase it that way that we don't plant trees we grow them because that's been one of the missing pieces in restoration. Efforts globally not even specific to the great green wall but just in restoration landscape and forest restoration. Generally there has been this focus on planting trees but little focus really on looking at what gets planted in the first place in paying attention to the species diversity in the planting material and making sure that it's the right tree for the right place. There's also last follow plus maintenance of the tree then there needs to be talked to someone in west africa who was saying that. He's traveled to so many countries throughout the continental. Seen so many trees planted. But where the forests. Yeah that's a really interesting way of thinking about it. Basically tree planting mania that's been happening has come from all these different projects foundations quotas. That are saying oh. It costs a dollar to put a tree in the ground and we're going to offset our carbon. We're going to green the world but no one's looking after these trees and making sure that they live beyond that for sheer gas so now that we know that. That's not a good way to go about this. There's actually a lot of research. That's found some of the best practices for restoration projects. What are some of the recommendations have come out from research. In the past ten years when paper published last year talked about ten golden rules for reforestation. And they think those summed up a lot of the recommendations really well in addition to just protecting existing forests which probably sounds obvious. But there's a lot of research on the new. I don't have the same benefits that existing ones do and it's hard to replace that beyond that involving local communities has been just incredibly important component that researchers are saying was not really part of the focus before because the restoration ecologists are focused on the physical research and they aren't trained to think about how people play into the picture and it's just so important to the survival of the trees because it's people who are planting trees and it's people who are maintaining the trees and if you don't have community by an investment in rye these trees there and interested keeping them there. The trees aren't going to last and the trees only have their benefits when they last going back to trees here for a minute you mentioned keeping old us in place for protecting them. What else is being looked at. So that's when using a diversity of species so that there can start to be restored. Biodiversity rather than just monoculture of trees. They're starting to be focused now. Also on the quality of the seeds. And what you're actually planting. And how do we build. The systems and infrastructure for collecting and improving. Seeds is going to be the most resilient seed for that species but then it's also about the genetic diversity because there can be inbreeding with plants. If you're not collecting from wide enough geographic area than you can start to sort of limit. The gene pool and that can be problematic. You talk about this example in ethiopia of a seat initiative a network that is supposed to improve the quality of seats. Can you talk about how that would work. And how it would involve the community. The provision of adequate trees deep portfolio or pets. Bo is a project in ethiopia that they're calling it a functional trees seed system. It's a multi-pronged effort. They're trying to develop standards for seed collection and sharing that. There's high quality seed that will ensure that the trees that are planted can be their most resilient they're developing maps for how to source those seeds they're trying to strengthen the research system the infrastructure and the the research system to improve seed quality and they're linking all of that to the people who will use the seeds seeds there's technical training for farmers and the local language and there are diagrams of how to store different types of seeds. They're really trying to get that knowledge to the community to farmers and local nurseries to scale up the capacity of local decentralized infrastructure. Is there another model project that people might be looking at to expand as the money comes in. Are there other areas. That are doing good things. Yeah there was one of their project that i came across the one billion trees for africa project. And it's led by this man from cameroon tabby jota. He talked about how he grew up in this thriving economy system and he went off to university and when he came back the lands that he new as a forest with no longer for us. He started planting marina cheese and cola nut trees and mingo trees and all these different trees that would restore some of the soil health that he thought had been lost but also produce food and income generating opportunities for people so that they would be invested in keeping the trees there. He called his approach. The contagion approach. Because it's just sort of caught on. He got a bunch of men and women in this one community to be involved in the tree planting the neighboring communities saw what was happening and he was very clear that it's not like a drastic change where their community sedley rich where they weren't before but the small benefits were noticeable and so the neighboring community wanted to do something similar. And so it's just been a word of mouth approach so as he developed this very grassroots success he's gotten funding from more international sources than use it to do the work on the ground in these different communities mostly in west africa. And he's starting to do more and more with the great great wall which seems very exciting so there are a couple of different findings that we talked about that suggests the way forward for this type of restoration project involving the community diversity of. They're planting making sure that they're not just putting stuff in the ground but they're actually supporting plant growth and the communities around it but another thing that comes up a lot in your story is now we kind of what should happen. Researchers have come to a lot of conclusions that are very useful. But then there's the practice what's actually happening on the ground and maybe even what will happen on the ground. What are some of the biggest impediments to implementing the results of this research. One interesting comment. That i heard was that the implementing partners people with the money don't have scientist on their teams. They don't realize how complicated it is to plant a tree into get it right and to make sure that grows the lack of knowledge in the right places and the lack of communication between the people with the money and the people with the knowledge and also the community who is going to be involved. Those conversations aren't being had something else that a here is the expectations that donors have. They want fast results. And that's not. How trees in general work. But it's especially not how effective restoration works because all of these things need to happen and they take time getting communities involved. There's a lot of upfront investment. That needs to happen. In developing all of this infrastructure and research systems with a lot faster to just go and say just plant a bunch of eucalyptus trees. Because that's what they have the seeds and planting materials for. There's a disconnect between the speed that donors want to see results and the reality of what needs to happen. I've seen that you've written about this project for years now. What do you think you're going to see if you check back in two years. I hope to see that things. Like the pats project and this other effort the one billion trees for africa a hope that they have scaled and and that they inspire or serve as models for other projects. I don't know where. I'm placing bets. It feels like there is enough of a resounding message coming from the research community about the importance of this and the importance for the effective ecosystem function restoration and the community development but also for the climate benefits and if the global fenders governments who want to plant trees for the climate benefits if they are serious than they will start listening to these researchers. This is like thousands of miles. Four thousand miles. That's like the us plus another third right east west a huge huge area to cover an across countries. And all these different people's. How is this. possible. Rachel i mean this is a global scale. This is a huge project. it's huge. It's huge and that's probably why it sounded like the great idea when they announced it. And why didn't go anywhere for ten years but it's the partner agencies that i've spoken with involved in this project. The great queen wall are really clear that it's an environmental program but it's also the social alliance when that's meant to economic development but also really impart some resilience. See into these communities. Who are the most vulnerable to the effects of climate change. That's why they're really ramping. Up this funding now because they see the value for the planet from a climate change perspective but also for the millions of people across this gigantic area. Pinks rachel thanks for having me. Sure rachel Danske is a science writer based in denver. You can find a link to story on the episode page for the podcasts. At science mag dot org slash podcast.
"danske" Discussed on WTMJ 620
"It is cold out there, especially inland. We have temperatures dipping below zero light winds, So that's a good thing. Mostly sunny and cold Today High 23 for tonight, mainly clear 10 Lakeside zero inland Friday, mostly sunny back up to 30 on Saturday. Increasing clouds snow likely late. Some accumulation of high 31 Sunday. Snow likely some accumulation on high 32 Monday Mostly cloudy and a high of 30 I'm meteorologist Brian is Nancy. With storm team forecast on WTMJ Medicine three Green Bay one Walker's shot, too. It's five degrees in Milwaukee and WTMJ. You missed a lot while you were sleeping Time to catch up with Wisconsin's Morning news featuring Jean Miller. Jane Matinee Air Brian D. With Sports Debbie Lhasa Gone Traffic and Brian is Nevsky Has your storm. Seen forecast now live from the annex Wealth Management Studios and Radio city. Here's Jean Miller. Coldest temperatures of the season so far, that's what we're waking up to this morning and looking around the state. Nothing really terrible out there in terms of below zero called single digits, like Right around eight below, near Western that's close to Los afore balloon and ago but nobody, like really. You know who my God alone? Yeah, none of that yet. We haven't seen any of that this season. Knocking wood or whatever the surfaces. That was my head. But whatever the case, it is gonna warm up nicely and then snow again this week, and they're not putting any numbers on this next weather event Brightness Danske, only saying cryptically that we should keep the shovels ready so that that's gonna be in play that I've heard some comparisons to this new storm being kind of like what we went through earlier this week. Same kind of things instead of 4 to 6 or seven and a really steep radiance in terms of who gets how much and where. So be ready. Group your loins. You've been warned. It may be a big snow event Saturday night into Sunday, but we got through this week. So bring it on 7 13 wtmj coming up at 7 21. We talked with the Journal Sentinel's were tell Ridley. She's done a serious of pieces.
A pound of flour to go? Restaurants are selling groceries now
"Restaurants across the nation are heading produce and dry goods to their menus it's a new way to make money during a tough time as NPR's Camila domonoske reports it also helps address a disconnect in the food supply chain the pandemic has everyone eating less food from restaurants and buying a lot more from the grocery store that means food supply needs to pivot from restaurants to stores but it's not always easy to re direct food for instance restaurants buy in bulk not consumer friendly sized packages restaurants are problem solving by selling ingredients from their own kitchens ala carte and toilet paper too Jennifer Dobbins owns a Raman shop in San Antonio I'm hoping that people can go and buy groceries and then okay well I'll get a sandwich or a bowl of Providence while she says selling heads of cabbage and gallons of milk is not in itself a big money maker Camilla danske
Browns Make It Official
"We will start with the official news out of Cleveland Scavenge to ban skis hired by the browns. They announce officially on Monday. He's thirty seven. Spent fourteen seasons as an assistant in Minnesota but has never been a head coach at any level level his entire. NFL coaching career. As I mentioned has been with one organization the Minnesota Vikings Stansky took over play calling duties on offense late in the two thousand eighteen season. Minnesota ran the ball. Forty seven percent of the time with Danske asked the play caller. That's the second highest rate in that span trailing only the Baltimore Ravens was introduced at a press conference just a little while ago. I the foremost success starts with people and I know we'll talk a lot about culture but it is absolutely about the people and everybody knows the Harry Truman quote. It's amazing what you can accomplish when no one cares who gets. That's the credit and that's what I believe. We have in our building. We have great people. I know we're going to add to it will hire G. G. M. here in the next week can or two and we're going to add to this culture that that we're building here and we have the right people and again. I can't stress enough. How excited I am the be? Just a part of did you know to use a basketball terms to my dad can understand this. I want to be the point guard for this organization. I want to bring the ball up then I wanNA share the basketball and let so what else get an easy bucket though smiling over there. WE'RE NOT GONNA I'M NOT GONNA speak anything into existence right now I can. I promise you that we're GONNA work. I've already spoken to a few of our players already. And that's what I'm about I'm about working and I'm about putting a foundation together the other. We will be methodical about it. We will not skip. Step two two and three to get to four. We're GONNA start in the foundation and then we're going to reinforce foundation Shen said we can build upon it and when I'm talking about this I'm talking about schemes and technique will be diligent about working with our players so that they can develop into the the best versions of themselves and ultimately we're building a foundation for what we hope is a championship. Effort will have a culture of accountability. We'll have structures is in place the players will understand our rules. And what we're about and we're going to demanding and we're going to hold each player accountable. Because ultimately I know this about players they they May Not come out and ask you for that. But that's what they want. Well perhaps the tenth. TIME IS THE CHARM IN CLEVELAND. Stansky is the tenth full time head coach Wjr. The browns have hired since returning to the League in one thousand nine hundred ninety nine that is the most in the league over that span of the previous nine. None have posted a winning record. Heard and not a single one has lasted more than four seasons continuity and consistency has been a real issue in Cleveland. Victor certainly something they'd like to you see changes to fanciest step in the right direction. In your opinion will I believe he is and I think that consistency where it is important. And right because you put up that list of all the coaches and the coaches that they've they've pretty much funneled through throughout the years can you provide that level of stability that they've been seeking for almost a year in and year out. Can you provide that for their now. The thing I do like about Stansky a fan ski is that he has experience with creating plays for two star receivers and I think that's something that's going to have to translate over to the Cleveland. Browns obviously with Odell Beckham junior junior and Jarvis Landry and having that experience I'm sure enticed of that for an office inside bring him in and understanding that they got to get the best out of these players in the best out of all their play makers obviously nick included In the backfield now is he going to be a leader of men and he is he going to be able to handle. The Eagles and the different personalities is that are in that locker room. Desk the biggest question that still remains to be seen. It's defense gas interviewed with the browns. Before in fact it's believed that he was the first source of politics but Desta several seasons ago and and it didn't work out. Matt you spent time with him as part of that Minnesota Vikings Organization. What can you tell us right? He he was a young quarterback coach at the time. And so when I got there was actually a little bit older than he was which is an interesting dynamic but at the same time. He's been all around that building. You know he's an administrative assistant and when he started there then. He was a quarterback coach. He's I've been with the running backs he's been with the wide receivers so he's been in all the different elements of the offensive side of the ball. He's seen the ups and downs. He's seen how free agency can impact so he's got a great feel feel. He's a great leader. He's got a presence about himself in the other thing that I think that the Cleveland browns are probably drawn to is the simple fact that this is a very quarterback friendly offensive structure that he's presented presented in for a guy like Baker Mayfield that had had his struggles last year. And maybe some confidence issues. Maybe not though. Let's see the press conference the same time. It's a quarterback friendly. There's a lot of play action. There's a lot of movement of the pockets. A Lotta easy throws to be made screen. And then there's like you said that balance forty seven percent percent of the time the run the ball. There's great balance in that offensive structure in for a young quarterback and going into his third year after some struggles. I think this is a great fit for that organization Asian and going back to when they actually made this higher People in Cleveland were telling me that it was actually his run game because we see what he was able to do with Dowling Cook and how he was able to make become a good player to really a great one and he's a central part of that offense that we now see in Minnesota and that was a big part of it but in terms of now Cleveland going forward looking for GM the way it was explained to me is they really want these to head coach and gm to work as one. This is why they moved on. From John Dorsey Percy and Freddie Kitchens. They didn't feel like this was working together. So they're looking for someone who has the same vision and the analytics department obviously is of of crucial part of Cleveland. And what they're looking for a head coach and I think that's why Stefanski became that lead candidate because he's accepting of it. He wants to be part of that and You know I think I saw some reports out there about how Cleveland is demanding that their head coach presents the game plan to ownership and really the way it was explained to me. It's not so much that they want to see the game plan. They just want everyone to be in sync to go over to make sure they're all on the same page headed into the game. Well you can't blame him and and that is something that clearly was not the case. I think you make a great point. It's poor in that somebody come in and be able to work and mold Baker Mayfield but also be able to be the CEO and run this whole organization and have everybody else be accountable. I think Freddie Kitchens might have had one of those two things that went by the wayside outside the quarterback with the hiring in Cleveland. What it does mean? Is that every chair on the head. Coaching carousel is now accounted for. The browns were the fifth and final team to hire a new head coach in the off season. Three of the hires tires Stefanski as we just discussed Joe Judge with the giants and Matt Raw and Carolina our first time. NFL head coaches the other two quite the contrary contrary Mike McCarthy in Dallas Ron Rivera in Washington they will get a second chance or in some cases third or fourth various established. NFL head coaches of of all the five. Who Intrigues you? The most in their new spot intrigues me is Matt Rule. I WanNa see what really transpires here right. He seven years sixty million dollar contract. That's a big commitment big commitment. I mean we might need to think about going into coach. That's it has everything else that they're also saying that they're making a commitment to Cam Newton with the type of style and the offensive structured. That they've set up McCaffrey's there I mean they've got the pieces of the puzzle there now. It's interesting to see how that that offensive structure from college translates to the NFL. which is I mean? There's been guys like chip Kelly in the past right John Harbaugh's price guy. That's been the most successful but that was more of a pro style offense with the most the most recent Kingsbury in Arizona so cliff Kingsbury. Excuse me it's been a mixed bag. There's no question. Let me ask you this just circling back to something you said by hiring Matt rule it you believe this means a commitment to Cam Newton. Can you explain why why I just think that The Baylor and watching their offense of structure and the RPO that takes place that's run pass options and all the different things that they're well versed in and that the Baylor offense has been historically historically very successful with in terms of that offense of structure I just think that that Fits Cam Newton's game very well and so I believe that that's a statement saying look. We wanted to bring somebody in here that you're going to be comfortable in this type of offense of structure and go out and be able to put yourself in a position to have success extent to intrigue you for me. Is Joe Judge my beloved giants. I think well I just think because going into it. Once I saw the Vacancy Happen at the head coaching position I was all right. The giants are GonNa come in here and get either like a Ron Rivera type or even McCarthy and get a guy that will come in and commanding presence. Once he walks into the building and I think with the hiring of Joe Judge just left me like okay I. It felt like the same cycle almost felt like coach mcadoo a couple years ago when you give a guy a shot and bring him in if he can transcend The coaching position or the year. After that when you bring in Pat Shurmur and you try to bring take a chance on another guy. Felt like we're taking another chance on another guy but granted. I must say I loved after the press conference I loved his mannerisms I love. He literally embodied what the New York Giants Football Organization is all about when he stepped up there on that podium Liam so I say that with a grain of salt because I love the press conference and I think he's going to bring something different than the other two coaches did in the past. But I still left me scratching my head in terms of who was out there here in the type of guys that could've came in that building and commanded a present these guys by the way Matt Rule and Gioja Geno. It's not about winning the press coverage but they did rule who was must see TV. I was just watching. He's missing time with the giants. Who so I knew all about? He's got does I think you know obviously recruiting such a big part of being a head coach in college. You don't mean to recruit You know when you're in the NFL. Which is why? I'm an agreement with you. I think that is the most enticing match COPA or at least the situation of the coaches just because you just look at history and making that jump from college the NFL. It's not easy and there just hasn't been a high success rate there. I think obviously he spent a little time with a giant. So it's not like he's
"danske" Discussed on Xtra Sports Radio 1300 AM
"Taken right back by the crusaders back out to center ice it goes one forty left in the game long pass intercepted in the neutral zone why the crusaders that's barely tried to come in on showing down the slot written out of the plane the pop taken away goes back the other direction coming in on the goalie red Astrid danske who gives it to a teammate going by Peterson gets it at center ice to leave all last seventy seconds left in the game the falcons about to win their fifth to the season and the four hundred of airforce coach Frank surgeries career at the academy hi to Pinsky on the doorstep drinks a total fires away danske makes the save one minute call and the puck into the Air Force in behind the neck cruise was started out forty seconds ago this is cook handling deep in the Air Force and same two teams back here tomorrow night for the second game of the series and earlier start time tomorrow night is Tom like comes in with the party tried to feed a head intercepted by Holy Cross five oh five start time tomorrow night and its toy toss night everybody come out great toy wrapped up in plastic threw it on the ice with her first gets its first school over just missing on a feed from Tom lack of front under ten seconds to go and at the cadet ice arena on a Friday night little history made in this one is over final score there for seven Ross to four hundred point zero two listen to coach Frank one of the seven coaches coaching currently a college hockey with four hundred wins at that institution we see the captains square for stealing that will give that to break in the locker room but what a way to do it five goals in the third period an airforce team that's struggling to score goals they had scored seven combined goals in the last four games they get seven tonight in a big home win overall across handshakes down below as Air Force wins it by a final score of seventy two with the victory the falcons improve two five eight and team overall this is the news win number four hundred to three Frank to a standing ovation here cadet ice arena the falcons are five four and two now in Atlantic hockey they pick up three huge points here tonight Holy Cross drops to three nine and three overall and to eight and one in conference play we will come back to the navy federal credit union postgame shows a celebrate here ticketed ice arena that's coming up on the air for sports network from we're feel I am G. college presented by USA now the knoll right now the five four jug of napa full synthetic motor oil in a platinum filter is just twenty three ninety eight that's a great deal for a great oil which is another reason why this is the most wonderful time of the year that's not the full synthetic oil in a platinum filter for twenty three ninety eight quality parts helpful people that snap and know how stage presence of president a convertible state local taxes every second loss was less tolerance to a fifteen ninety the holidays time for hot cocoa mistletoe and spreading joy a different kind of joy the joy of pushing your limits on snowy morning that's great news the joy of getting the right motivation thank you can't go any further the joy of giving it all you've got until tomorrow because our kind of joy will keep coming back for more.
Danske Bank appoints new CFO from Commerzbank
"Save an interesting line of for the markets to digest danske bank CFO Balzer is leaving and Stephen Stefan Raab angles it's been named the new CFO at
Official, Miller And Muller discussed on WBZ Afternoon News
"The house Judiciary Committee has subpoena to former trump associates as it continues to look into whether the president's obstructed justice relative to the special counsel Robert bottles Russia probe Natalie Andrews is a reporter with the Wall Street journal it's two names that should be familiar and took him to people who followed the twenty sixteen campaign a Corey Lewandowski who was the campaign manager for a short time and then Mister rich Dearborn who was in a top official in the White House when trump first took office so these two people are quoted extensively through the Muller report both talked to the Miller team and are part of it and danske who is from New Hampshire is hinted that he's considering a challenge to New Hampshire democratic senator Jeanne Shaheen next
"danske" Discussed on WTMJ 620
"One thing about summer fest it's great that it's nice and wide open but but the bad thing is it's nice and it's wide open when that stuff comes right it's really know where to stay dry seven thirteen w._t._m._j. notre nato's report amid last night's weather event that left parts of west and north west of new walkie in the cleveland mode this morning storm team for meteorologist brain is danske there might be a few spots that would qualify as maybe like microburst that's kind of where you get like the heavy wind that's kinda aided by a really bursts of heavy heavy rainfall that they'll allow a lot of the cold air aloft to kinda rush towards the surface that's what it microbursts down burst is there might be a few spots where we saw that and i mean microbursts and causing pretty good damage to i think one of those spots around carol college in waukesha county i could see that maybe being a potential microbursts another one maybe up towards the hartford area those are spots where we saw some significant tree damage pretty localized there so i could see looking at some of the pictures that are coming in this morning you know wins over seventy miles per hour in those spots storm team for meteorologist brain is danske and we're keeping an eye we energy sing they are working to get your power restored forty five thousand out of the peak last night some nine thousand at last count with a power and some folks telling us on the accurate mortgage talk and text line for one four seven nine nine one six twenty that they've been up for more than twelve hours since four thirty five thirty last night when this event started sports is next with brian de sponsored by holiday automotive highway twenty-three in fund a lack holiday automotive it's worth the trip hey wisconsin greg matzek here for holiday automotive in away.
"danske" Discussed on Radio Free Nashville
"This is the Tom Hartman program. Reading from the Muller report. This page, sixty one onto the section other potential campaign interest in Russian hacked material. That's the Trump campaign when they two thousand sixteen the Trump campaign expressed interest in Hillary Clinton's private Email server, and whether proxy thirty thousand emails, and that server had in fact been permanently destroyed as reported by the media. And then, you know goes through some stuff that I read yesterday. So just to jump right to the to the next segment. This is Henry ox, neon ski OG neon ski Trump campaign adviser. Michael Caputo, learn through Florida-based, Russian business partner that another Florida base Russian entry acne out Out-skied who also went by the name, Henry Greenberg claim to have information pertaining to Hillary Clinton, Caputo notified Roger stone, broker communication, through stone and okay. On ski Danske and stone set of may twenty sixteen in person meeting. Okay. Let's see was accompanied to the meeting. Alexi rat raising Erasme a cranium associate involved in Florida real estate at the meeting raisin offered to sell stone. Derogatory information on Clinton raisin claimed to have obtained while working for Clinton raising claim to possess financial statements demonstrating Clinton's involvement in money laundering with raisins companies Cording to Okinawa sqi stone asked if the amounts in question total millions of dollars, but was told it was closer to hundreds of thousands stone refused. The offer stay in that Trump would not pay for opposition research, opensky claimed to, to the office that raisins motivation, was financial Cording to Okinawa. Ski raising had tried unsuccessfully to shop the Clinton information around other interested parties, and Obama ski would receive a cut if the information was sold. Raisin is noted in public source documents as the director and or registered agent for number of Florida companies, none of which appears to be clinic at to Clinton, the office found no other evidence that raisin worked for Clinton or any Clinton, relate. Entities in their statements to investigators oke neon ski and Caputo had contradictory recollections about the meeting of Danske claim that Caputo accompanying stone to the and provided into introduction. Whereas compooter did not tell us that he attended and claim that he was never told, what information out Ganske offered Caputo also stated that he was unaware. Okay. Ski sought to be paid for the information until stone informed him after the fact, page, sixty to the office did not locate raisin in the United States, although the office confirmed raisin had been issued a Florida driver's license. The office, otherwise was unable to determine the content and origin of the information he purportedly offered to stone, finally the investigation did not identify evidence of a connection between the outreach or the meeting and raisin and Russian interference efforts be campaign efforts to obtain deleted Clinton. Emails after candidate trumps dated, July twenty seven twenty sixteen that he hoped Russia would quote, find the thirty thousand emails that are missing and quote. Trump asked individuals, affiliated with his campaign to find the deleted Clinton emails, Michael Flynn, who would later serve national security advisor in the Trump administration recalled, the Trump made this request repeatedly and Flynn, subsequently, contacted, multiple people internet for to obtain the emails Barbara dean, Peter Smith were among the people contacted by Flynn, the dean, a longtime Senate staffer who had previously sought the Clinton emails provided updates to Flynn about her efforts throughout the summer of twenty sixteen Smith and investment advisor, who is active in Republican politics, also attempted to locate and obtain the deleted, Clinton emails. The dean began her efforts to obtain the Clinton emails before Flynn's request is early December. Twenty fifteen on December third. Twenty fifteen shield Smith. Proposal to obtain the Email stating quote, here's the proposal. I briefly mentioned to you the person I described to you would be happy to talk with you either in person or over the phone. The person can get the emails which one were classified into were proline VR enemies that would demonstrate. What needs to be demonstrated and quote attached to the a twenty five page proposal stating that quote Clinton's Email server was in all likelihood breached long ago, and quote, and the Russian Chinese and Iranian intelligence services, quote, could reassemble the servers Email content, and quote the proposal called for three phase approach approach the first two phases consisted of open source analysis. The third phase consisted of checking with certain intelligence sources quote that have access through his on and work with various foreign services end quote determine if any of those services had gotten to Clinton's server. The proposal, noted, quote, even if a single Email recovered and the providence of that Email was a foreign service. It would be catastrophic to the Clinton campaign Smith, forwarded the Email to colleagues and wrote moving to page sixty three we can discuss to whom it should be referred on December. Sixteenth, two thousand fifteen Smith inform Ledeen that he declined to participate in her initiative under, according to one of Smith's business. Ozias. Smith. Believed leans initiative was not viable at that time. Just weeks after Trump's July twenty sixteen request to find the Clinton. Emails, However Smith try to locate and obtain the emails himself. He created a company raise tens of thousands of dollars and recruited security, experts and business associates Smith made claims to others involved in the effort, and those from whom he sought funding that he was in contact with hackers with quote ties affiliations to Russia end quote would access to the emails, and that is coordinated with the Trump campaign on August twenty eight twenty sixteen Smith. Senate Email from an encrypted account with the subject secretary Clinton's unsecured, private Email server to an undisclosed list of recipients, including campaign co chairman Sam Clovis, the mail stated, the Smith was just quote, just finishing two days of sensitive meetings here in DC with involve groups to poke in probe on the above.
How The Danske Bank Money Laundering Scheme Involving 230 Billion Unraveled
"Money laundering is the way clever crooks hide individually spend all the money they've stolen in this tale about what's believed to be the biggest money laundering scheme in history. It involves nearly a quarter of a trillion dollars a very suspicious money from Russia and the former Soviet Union that was funneled into the western banking system, right, under the noses of major banks and regulators in the United States in Europe, who either facilitated it or turned a blind eye at the heart of it is a whistle blower, who found one loose thread in decided to pull on it. Howard Wilkinson is an Oxford man, cautious prudent and a bit of a stickler after his cover was blown last fall in a newspaper article is the person who uncovered the scandal he has spent much of his time wandering the British countryside. Trying not to be found. A whistle blower in a case involving two Russian money. It's not a good place to be you're still concerned, you've got to the very nature of the people who want to learn the money, probably means that not the so you want to go down the pub and have a pint with, but he did sit down with us and told his tale about a financial crime. So big it's hard to fathom and number that's reported for the whole thing over the six or seven years is two hundred and thirty million dollars of suspicious, money one Bank one Bank, two hundred and fifty branch branch Wilkinson had worked. There is a mid level executive for dansko back the biggest financial institution in Denmark, and one of the most respectable banks in Europe is head of markets for the Baltics. He worked out of a branch into Lynn Estonia, the former Soviet Republic now a NATO member right next door to the Russian bear. There were Cancian's, but also business. -tunities in Wilkinson, eventually discovered his branches. Biggest business was converting Russian rubles of highly questionable origin in the Chris clean on traceable American dollars customers will be calling every morning fleas. I want to sell twenty million rubles by Dulles. We would quote them the price that they would get the Dulles Doulos. basically, that was that was the last part of what we did. And there was nothing legal about that. Frank supposed to check the money coming in. Is it clean on the Bank supposed to check what does the money go in the end and you're saying it wasn't being done? Evidently, it wasn't being done. That's an example liberty understatement. International money, laundering laws require that banks know their customers and report suspicious transactions to thorns yet suspicious. Transactions would turn out to be the vast majority of the business in the banks non-resident portfolio, which was made up of clients from Russia as her by John and other. Former Soviet states, a lot of this money came into the Bank was out the door the next day, right? The next day or you think it was that slow. The customers would every everyday they would sell rubles dollas in that would be what we'd say we didn't, we didn't see where the money went, so your businesses really execute the traits, basically. The clients absolutely, not, not the clients job Wilkinson was assured was being done by a special committee that carefully screened, all international customers before they were allowed to open an account. He discovered otherwise almost by accident when a colleague asked him to help with some paperwork on one of the banks. Big customers, a British company called Lantana trade L, L P to me being British the face place to look for financial information about companies, the public register public apparently this was rocket science. This is rookie science and I wanted to have to pass it. Wilkinson consulted a British government website known as companies have paid while pound one dollars thirty. The company's financial statements and it was a bit strange because it said that the company was Dolman not Dolman means the company hasn't done a single transaction. He knew that couldn't have been right. Having looked Atlanta's banks tape how much Lantana money was passing through the back up to twenty million day, twenty million a day sometimes not exactly dormant is not to the public documents raised other suspicions, when panacea to be a British company in name, only with the postal address it an unremarkable office building in north London that it shared with at least sixty four other show companies with accounted dansko Bank, Estonia and connections to remote exotic places known for banking secrecy in money laundering. So we've got a UK company with a registered office in north London with an accountant, Estonian, Bank, actually, on by Russians and the, the onus of. From the Seychelles, and the mosh alliance to Wilkinson it screamed money, laundering, he explained what he found the people at the Bank, who handled the Russian accounts and was told that it was a simple paperwork. Screw up that would be fixed. Thirteen months later, he heard that Lantana had been told the take its banking business. Elsewhere, among the concerns was money laundering by a member of the Putin family sanctity, Mr. eagle Putin. Who's I think the cousin of the Russian president that are links to the FSP? The FSBA is, I think the success of KGB's some sort of secret police the people running the company have been associated with several banks going bust in Russia and absecon Tim stance. stances eager Putin, the president's first cousin is been associated with other Russian money laundering schemes, but as always professed his innocence, the Howard, Wilkinson hearing, the Putin name was further confirmation that something was wrong to do that. This needs to go to copay in this need to go to that head office. So I made a whistle blowing reports to full, very senior executives including one of the executive board whistle blogger, Paul about what's happened. What seems to be real concerned that others at the Bank might be involved in a cover-up Wilkinson decided to look into three more of the thanks customers that were registered in Britain up three pounds on, I took they counts for these next three and they will false your four for four full. Is it possible that people just could have missed this? Well, then went sixteen sixteen by looking at twelve so of which fifteen with the same address. So, yeah. Some point is stocks being possible to coincidence, not just with the account. So folks, they counsel basically look the same just change a couple of numbers where they will basically look the same when you started doing all this, what did people say to you at the back, nothing nothing? Exactly nothing. People stop calling around to say, is it true that a high ranking executive at the Bank told you, quote. The spank is not the police, the Bank has no obligation to report false clients accounts to the authorities. So frustrated with the lack of action Wilkinson resigned and took his family back to Britain. It would take nearly five years for dansko Bank to come up with answers after printing from the Scandinavian in European press after reviewing more than six thousand non-resident accounts, it, acknowledged that news conference last fall, that it's tiny Estonian branch was the gateway for what may be the largest money laundering case in history. I'd only scratched the surface, however, huge numbers saying to me back in twenty thirteen back in twenty fourteen unbelievably, I just scratched the surface of actually going on in the pike. Do you have any idea what percentage of that money was dirty? They said the almost all the customers was suspicious so far at least eighteen former dansko Bank employees are facing charges in the case including. Former CEO Thomas Borgen in his chief financial officer, the Bank itself faces four counts of violating the Danish anti money laundering, at Danske Bank itself, admits to a complete breakdown of every single internal control. This isn't one or two mistakes. This is a mistake of their entire system over years of which they profited, immensely, attorney Stephen Cohn, who has been representing whistle blowers for more than thirty years. And is Howard Wilkinson's lawyer says dansko Bank is not the only one that's profited from the scheme. Most of the two hundred thirty billion dollars pass through big, New York banks undetected for years. What does that sheer number two hundred thirty billion dollars? Tell you, we'll first off, it's almost impossible, but your hands around you dealing with major financial institutions, worldwide, who are complicit. When you sit complicit what do you mean? The. Moment. You're doing money laundering, and large amounts of money, billions, hundreds of
"danske" Discussed on Bloomberg Radio New York
"US unit of the German lender, perhaps flagged some of at least one hundred and fifty billion dollars in transactions of the banks US subsidiary handled for a tiny Estonian unit of Danske Bank, which was involved in a money laundering scheme, or at least the accusations of one joining US Senate discussed this time Schoenberg financial crimes reporter for Bloomberg news joining us from the Washington DC bureau, so Tom can you? I lay out what is the latest with respect to this. Sure. Well, the latest is there's a a number of investigations going on both in the United States and overseas. Into how kind of about two hundred and thirty billion dollars moved through this tiny outpost in Estonia. Of of Danske Bank, and some of the banks that handled that money. One of which handled the most was Deutsche Bank and Deutsche Bank kind of serves as a teller window for other foreign banks that need to access to the US financial system. So. Of that one hundred fifty billion we're talking about is suspicious funds that entered the US financial system through Deutsche Bank. So Tom, why didn't Deutsche Bank identified these issues before? It sounds like maybe they just fell on some deaf ears. Yeah. One of the things we were trying to look at here when this dansko Bank kind of scandal broke, and we learned that Deutsche Bank was being looked at in terms of how they handled funds from that institution. Was what you know. What is this? What is this unit that's handling this money, and what's their controls here for doing that? And we found that in sort of this what's called Deutsche Bank trust company Americas, which is a unit based in New York that they kind of have a twenty year track record of continual sort of issues with their money laundering controls internally. And when we were investigating further. Learn that red flags were popping up on some of the dansko Bank transactions and those were being flagged to superiors in New York. Can now sort of the general sense. We were getting from people is that and this isn't specific to dansko was that whenever sort of these anti money. Laundering compliance folks at Deutsche Bank would raise issues that they were saying about sort of maybe deeper problems with clients or maybe issues from a foreign Bank where they keep seeing problems with clients. They said that they were told that just sort of shut up work on the transaction front of you file a suspicious transaction report if necessary, but then just move on. They didn't want to hear about any larger problems tub. Can you give us a sense of the timeframe here, and how much of the liability is already been baked in to deutchebanks share price as well. As just their overall, financial productions. Well, in terms of the timeframe for for the dansko Bank situation, you're looking at about eight years of. Eight years where this this suspicious transactions were kind of coming out of Estonian into the United States. So I think at the moment, you have a lot of people, including the Federal Reserve really kind of looking at sort of weather Deutsche Bank, did what it needed to do under the law, which when it comes to kind of banking other other financial institutions is different than sort of the type of scrutiny you give to your own sort of clients that you're about to Bank. They rely a lot on that banks knowing who their customers are in their customers that Bank so. The US at times has penalized institutions for sort of turning a blind eye to some of that. I think one of the most. Recent ones was HSBC back in two thousand twelve but sort of this area is sort of one that holds a lot of risk yet for institutions there. You know? There's a lot of sort of haziness in terms of what they actually need to do to make sure that that money isn't illegitimate Thomas Rhett concern out there that some of these regulatory issues around torture Bank may impact any type of merger. They might want to try to affect the certainly talk about Commerce Bank as are concerned that this regulatory overhang could be too much. Yeah. We we obviously we didn't get to deepen that in in the piece it we had this morning. But it seems that if there is any type of. Fines or penalties or even potentially sort of restrictions. That regulators might seek to impose that that could sort of hang up things a little bit. But at this point, you know, I mean, this this investigation is. Less than a year old. And normally these things take time mean at the moment. Sort of the the Commerzbank timeline. I think it'll be interesting to see if they if they do meet up exactly Tom Schellenberg. Thanks so much Thomas financial crimes reporter for Bloomberg news. He joins us on the phone in the Washington DC bureau. Just seems to be a another regulatory overhang or issue for deutchebanks as they tried to navigate what is a very difficult operating environment for them. So much. So that there has been pressure on them and on their management to perhaps effective merger with Commerzbank to try to get bigger to be more competitive globally did extent there's any regulatory concern around this name that could certainly put that process in jeopardy. But clearly the money laundering issue is a huge issue for the global banking system. And it's more technology. Creeps into the banking system, but becomes even more difficult to manage. We've heard that from a number of banks. Now, let's head over toward ninety nine one studios in Washington DC, the Nathan Hager for world and national headlines..
Swedbank chief sacked over money laundering scandal
"Executive of sweat, bang has been fired by the Swedish banks board paying the price for a Rapidly-escalating money laundering scandal. She is the second Nordic Bank chief to lose their job ever Bank laundering scandals which should Millns. How's the FTE's financial editor patching Jenkins? What's nice? I fall. Richard, I gather you're just out of the sweat Bank AGM, and if we can hear any background noises. It's the stage being taken down as neat metaphor for some of the rather dramatic news was revealed earlier today. Yeah. It's been two days of immense drama at sweat Bank. Yesterday was kind of surreal it was just one new allegations after new allegation. The Bank was raided by police prosecutors in Sweden upgraded their investigation from just looking at whether sweat Bank broke insider information rules, whether they'd committed aggravated fraud, which is you know, an extraordinary probe. And finally, we revealed the US regulators probing sweat Bank over the money laundering allegations. And so therefore this morning just minutes before the GM. It was kind of no surprise the sweat banks board decided to fire s- chief executive, but get two bonus on the former chief executive now used to be head of sweat Bank in the Baltics, which is where most of these allegations of money laundering. Come from an really she just paid the price for what's now turning into a hugely de. Imaging's scandal for sweat Bank. And you've been reporting also on the government reaction to this which is pretty extraordinarily harsh as well. Yes, I think it's fair to say that really Sweden's reputation is on the line here. Just as Denmark's reputation was on the line in these countries that pride themselves on extremely low levels of corruption inside that borders that also pride themselves on very high level of trust between individuals between individuals and government, but also between individuals and companies and the problem with the sweat Bank scandal as with the dunce Cabana scandal beforehand is it puts all if that at risk. And so I think ministers in both countries are extremely worried about this trust dimension that if a road's people's trust in society, not just in the specific Bankin question. It's very dangerous. And I think what you see from the government in the post few. Days here in Stockholm is basically swiped Bank his turning into something of a case study in how not to handle live money laundering scandal. So Richard, I know the legal limitations on exactly what we can say here, but what is swept Bank accused of doing. So it basic level. What is come out in an investigation by Swedish public TV SP tea is that internal documents from swipe banks suggests that what they called the high risk non-resident portfolio. So this is risky customers from Russia. Another ex-soviet countries the hundred thirty five billion euros was moved through sweat Bank in the stone you now it's the market leader in the studio, but it's also the market leader in Latvia, and Lithuania. So we're talking about dozens of billions of euros of questionable money flows. US regulators of Austin, whatever its connections to do with a number of no money laundering. Scheme such as the Russian laundromat, Panama papers on offshore companies and Danske Bank and some failed banks such as Latvia's Avio, LV and Yukio in Lithuania. So we're still in nearly stages of really building up a picture of exactly what's going on. But it's fed sakes. What Bank is facing allegations from sort of also school nece reminders of the background to this. Because as you say the done ski- Bank, money laundering scandal blew up several months ago. Now, I'm dates back many years. Of course, how is what happened there linked to these what Bank revelations? Well, it is definitely linked. They both would not banks that went into the Baltics in the early two thousands late nineteen, you know, this was the new land of growth and opportunity, and they were extremely hauled. Hit in the financial crisis. Bowl ticket conham is totally decimated. And so in the recovery some of these banks started making pretty good money. Dansko may just sort of extraordinary returns in the stone year and sweat Bank. Did well is the largest Bank in the Baltics and suddenly the head of dance Kerr in the Baltics and the head of sweat Bank in the Baltics both become chief executive at the Bank together. And then the hit by these allegations, which is basically that Russian oligarchs criminals and people from other ex-soviet countries have used these banks and others to move hundreds of billions of dollars of money through the financial system and into the western financial system and out twelve nobody really knows where the money's gone. It sounds very much as if tempers are running high in the background there. Richard executives perhaps blaming the other for everything going wrong. But just a final Woodham way, you think this is going next. I what Bank or indeed for any other banks in the region. Well, we contain this movie before with dansko. I think it sets the pattern for this. Which is really the you need to change of leadership at the top, and is dense ca found out a change of chief executive isn't sufficient really, you need an outside to come in the head of the board. So I think sweat banks bold is facing enormous questions. Enormous pressure this widespread dissatisfaction with how they've handled this with how they've communicated about it. And then beyond that what you're looking at is investigatory work from US regulators, which can obviously impose very heavy fines and also counterparts in Sweden Estonia Denmark, Latvia, which you take is to go through everything. So, you know, this is a problem that it's going to stay with these banks for very long time and finally other banks gang drawn into this as well. Do you think well today, you'll sing some signs of thatt's as we speak both SEB an Handelsbanken, which the two other. Big Swedish banks a down seven percent percentage. Under those Bankin is unusual because it's the knee wall. New really the big Nordic banks full stock not to have gone into the Baltics it chose the UK. Instead, but regulators in the various Baltic Nordic countries of criticized really all the banks for that controls at one time or another. So it seems you know, the after the financial crisis being a Nordic bang with seen as by postitive thing right now with these money laundering, allegations being a Nordic Bank is a bit of a liability. We'll
"danske" Discussed on WTVN
"Accident. Seventy one southbound near spring off to the right further south seventy one southbound to seventy got a disabled semi blocking the right lane here. So we're backed up almost seventy three fifteen or keeping an eye on the north outer belt to I've due to a couple of problems. We've got flooding concerns still onto seventy both directions west of seventy one and an accident reported eastbound in that area for also just now getting word of an accident six seventy west the convention center. Traffic sponsored by Danske sawmill Toyota, get out of the cold and come see their new hot deals on the corner of sawmill in one sixty one or check them out on the website, tan ski sawmill Toyota dot com when you think Toyota think tank ski, traffic and weather every ten minutes on the tens powered by TempStar. In customer next update at four fifty. I'm Johnny hill. Newsradio six ten WTVN. Your ABC six first warning weather chief meteorologist Marshall mcpeek is joining me now and boy by the week. I'm seeing Saturday now I'm trying to hurry up and get to Saturday because it looks like what fifty eight for the high on over getting rain again, then, but which is fantastic temperature wise, but it comes with a sopping wet afternoon. So yeah, if you're gonna do anything Saturday, make sure you do it earlier rather than later because both days this weekend are looking pretty wet. The good news is it's warm enough that it's rain instead of snow at least for Saturday Sunday. We're watching a cold front that's likely to push in here that will make the rain change into some snow and that could accumulate for us by Sunday night. You got a few days to work on that one yet tonight some showers some of it some downpours will drop to thirty five degrees. We have flood watches in effect across southern and southeastern Ohio tomorrow, some sunshine in Forty-five. All right. Thanks marshall. It's forty. Right now at your severe weather station. This is the Mark blazer show along with Josh sees. So did you hear the thunder snow today this morning? Did you hear it? Did you see it pretty freaky actually to think about thunderstorms? I don't know. I don't think it's a real doesn't happen a lot. But I think maybe once or know for a fact like maybe two or three times in my life. I've heard thunder snow, and I I actually witnessed it in.
"danske" Discussed on WTMJ 620
"It's the early edition. What would still falling as predicted as forecast, gene near as always way said producer, Rachel fry making sure that we stay on the air pushing all the buttons doing all the right things inroad, she'll tell you about the roads, we can tell you. They suck their terrible. It's can't even mince words county cruiser trying to keep up as I could see they made a swipe down forest home a ninety second street. That's a county Trump that was untouched. But guess they're waiting for the morning rush to kick in. So if you're out there now, you're pretty much on your own the freeways, the lines the demarcations, they're rumors. Oh, absolutely. And the Roosevelt capital all of those. They have done a pass maybe a couple of hours ago. So you can get where you're going. But he know we have the same problem when you're in the intersections, and they as they are clearing things is just happens. You have these kind of snow berms in some of the intersections that you have to kind of try it and plow through. So it's not good. Oh, I saw at least one truck in the ditch of eight ninety four. It was a plow truck guy probably going too fast for conditions just guessing. But when you see those kind of trucks in trouble, you can only assume that. Yeah. Yeah. You can go four wheel fast. But you can't stop four wheel slow because they have physics just doesn't work that way. Please drive carefully up there. It is what it is. They're going to try to catch up. We're sure before the morning. Rush is enjoyed big question. Everybody's waking up to this morning. Do we have school? I can tell you right now checking the school closing list that we have virtually no school closings right now. Nothing. It doesn't mean. Things won't change. Right. We're expecting probably a torrent once these superintendents wake up this morning, take a look out the window and see what the road conditions are like, and that's what's unusual about this one as opposed to the ones I think we had earlier this season where the forecast it's going to be bad tomorrow. Lot of districts closed early certainly with the cold, you know, the cold here. It's not going to change. Wake up, and it's going to be fifty degrees after they said, it was going to be twenty below. But we still you never know there's Nagel factor. This thing trek, just the way brain is Danske said it was going to and all the other meteorologists in town to the point where we're getting three four five six inches in some spots. And they didn't choose to close last night. So we'll see what happens is the morning plays up as soon as those major district's come in. We will let you know. And if you wanna check for yourself, just go to WTMJ dot com, we have the complete closing list for you right there. Speaking of Mr. news, Danske, let's check in and see what he.
"danske" Discussed on WBAP 820AM
"Five AM. I was reading the story. And I was laughing out loud by myself, which I do sometimes, but see me laughing out loud. And by myself submarine are just I'm thinking something funny. The exiled lesbian. I love this. I can't stop with the exiled lesbian argue that gender identity is a regressive social movement. Sure, she said sexualities are based on sex but gender identities are based on stereotypes, see George Orwell, nineteen Eighty-four girls who play with trucks and like the color blue boys who play with dolls and like the color pink children with autism. Where autism comes from. I don't know children who would likely grow up to be happy gay adults are now being sterilized for defying sex stereotypes. She said we're losing an. Tire generation of sisters to this madness. That's why it's personal Beck said lesbians in particular have spoken about transgenderism because many less effeminate women are considered likely to be trans rather than accept it. As lesbian women lose the quarter. Roy's this makes transgenderism a form of conversion therapy seat. Now, it's the conversion therapy is what they attack they made up. This whole thing about Mike Pence and conversion therapy pure fiction. Just a just a lot ninety nine point eight percent fabrication. But Kara Danske spoke out against transgender identity being shrines in the law. If the equality act, which she called the women's erasure act becomes law gender, identity will become a protected class in civil rights law. This she said would effectively erase protections for women and girls the wolf spokeswoman.
"danske" Discussed on WMAL 630AM
"Three on Washington. NASA Washington comes to talk. Honestly, the democrat party is site. The train wreck in the movie the fugitive for. Just tumbling down. A hillside rolling end over end. But people flying around the interior of the cars. This is these people are nuts. I love the story. I was literally my best girl was asleep in the bedroom. I I wasn't in the living room. It was about six five AM. I was reading the story, and I was laughing out loud by myself. Which I do sometimes. But. Fieschi me laughing out loud. And by myself summer. You know, just I'm thinking something funny. The exiled lesbian. I love this. I can't stop with the exiled lesbian argue that gender identity is a regressive social movement. Sure, she said sexualities are based on sex gender identities are based on stereotypes, see George Orwell, nineteen Eighty-four girls play with trucks and like the color blue boys who play with dolls and like the color pink children with autism. Where autism comes from. I don't know children who would likely grow up to be happy gay adults are now being sterilized for defying sex stereotypes. She said we're losing an entire generation of sisters to this madness. That's why it's personal Beck said lesbians in particular have spoken about transgenderism because many less effeminate women are considered likely to be trans rather than accept it. Lesbian women lose the quarter. Roy's this makes transgenderism a form of conversion therapy. See now, it's the conversion therapy is what they attack they made up. This whole thing about Mike Pence in conversion therapy pure fiction. Just a just a ninety nine point eight percent fabrication. But CARA Danske spoke out against transgender identity being shrines in the law. If the equality act, which she called the women's erasure act becomes law gender, identity will become a protected class in civil rights law. This she said would effectively erase protections for women and girls the wolf spokeswoman argued. If sex is construed to be gender identity. What that means is that nearly all sex.
"danske" Discussed on Bloomberg Radio New York
"ETF Nathan Karen, Japan and China set the tone for trading in Asia today with the Bank of Japan, cutting its inflation outlook and China offering additional liquidity to banks. Bloomberg's Juliet Sally joins us with details from Singapore. Good morning. Juliet good morning. Nathan and Karen will the Nikkei two to five closed down by a tenth of one percents in Tokyo. The yen fell after the Bank of Japan left its policy on changed at its first meeting of twenty nine teen but lowered its inflation forecast for a full consecutive time in its quarterly outlook report in China. The CSI three hundred gave up early against a close lower by a tenth of one percent. As officials once again opened the stimulus taps say offered. Thirty eight billion dollars of liquidity to banks by an you targeted operation in Singapore. And Juliette Solly Bloomberg daybreak. All right. Juliette? Thank you uncertainty over the US, China trade dispute continues to permeate global market. So White House advisor Larry cudlow says negotiations next week will be key. We're saying. To them. If you play by the rules, if you open up your economy and let Americans come in. We will have a huge flood of exports sales across the board Lewis striking an optimistic tone ahead of the talks, However, Hong Kong chief, executive Mary lamb doubts. Some of the big issues can be resolved before the ninety day. Truce expires hope something positive will come out from the latest round before this three month. Period makes fires but I I'm not too optimistic about lasting deal. The next round of talks began one week from today in Washington in the UK parliament is moving closer to a plan to delay Brexit. Bloomberg's you in pots joins us live from London with the latest. Good morning. You in good morning Nathan. And Karen, the case opposition labor party is now increasingly likely to support the proposal to extend the March twenty ninth Brexit deadline. If Prime Minister Theresa may fell Serena goes, eight eight divorce agreements, that's according to the policies. Chief finance spokesman John McDonnell if labor does back the proposal in the British parliament its formula. It's win enough support to be passed. And if that happens Theresa May then be barred from taking Britain out of the European Union without a deal live in London. I'm you imports Bloomberg daybreak you and thank you for getting word this morning that Deutsche Bank is the target of a pro from the Federal Reserve Bloomberg's John Tucker joins us live with the details. Good morning, John. Good morning. Karen? What may be one of the biggest money laundering scandals ever? Just got more intense. Sources say the fed is examining whether deutchebanks US operations adequately monitored funds from an Estonian branch of Danske Bank. Danske has admitted that much of about two hundred thirty billion dollars flowed through the tiniest Stony and outpost may have been dirty. It us correspondent banks such as Deutsche Bank to move money abroad. Now, the US does require lenders operating under its jurisdiction to scrutinize clients and their dealings deutchebanks said in an Email statement for art, no. Oh probes. John Tucker, Bloomberg daybreak. John. Thanks shares of IBM are headed higher after earnings beat estimates on Iraq Rana covers IBM for Bloomberg intelligence divisions, causing global business services saw some very strong consulting numbers, which to us means that enterprise spending is very strong right now. And it's the follow through effect from very strong Twenty-eight IBM's also out with a positive forecast for twenty nineteen that has shares up six percent in early trading on the docket today. Earnings from two dozen companies and the S and P five hundred including Ford Motor here with a preview. Bloomberg's Jeff Bellinger. The automaker. Disappointed investors at the end of two thousand eighteen demand was under pressure and volume was down year over year in four or five regions, Bloomberg intelligence says going forward attention will turn to improve performance with Ford continuing to push its product line toward trucks. Forecasts are for Ford to post a profit of thirty one cents a share on revenue of nearly thirty-seven point nine billion dollars. Jeff Bellinger, Bloomberg. Daybreak. Jeff. Thanks is earning season rolls on investors hoping for big gains in stocks need to dial back expectations. It's according to Goldman Sachs chief equity strategist, Peter Oppenheimer, fundamentally, we do expect quite low profit growth over the course of this year across major market. So I think that will cap the upside is well new stocks have started the year strong with a five percent gain for the S and P five hundred Oppenheimer calls the rally a reaction to overly negative sentiment at the end of last year, the market's pricing quite a lot of uncertainty probably too much uncertainty on the economic front, which is why we seen this recent rally as some of the data hasn't been coming through quite as badly as the markets were pricing. But I think we're ready relatively flat trading range, the most markets over the course of this year, the all country world index is up five percent this month. That's just behind last year's six percent gain over the same period. This is Bloomberg. It's five oh seven on Wall Street time. You get the latest world and national news for that. We turn to Bloomberg's Michael Barr. Thank you very much. Nathan Senate majority leader Mitch McConnell is now allowing consideration of rival Republican and democratic proposals for reopening the government. It comes as the shutdown has entered its thirty third day. Bloomberg's Bob moon reports though, there is no guarantee. President Trump will go along McConnell has insisted he would not waste time as he put it voting on any measure that Trump opposed. Any initially said a Republican Bill with all five point seven billion dollars for a border wall was the only measure Trump supports that. I've stated consistently over the past month. That fact will earn it consideration here in the Senate that hard line appeared to soften though, when he also scheduled to vote on a funding measure from the house after Senate Democratic leader, Chuck Schumer, Blaine Trump and his party for demanding only their way to allow government funding. Everyone knows that. He an leader McConnell are the only obstacles to opening it back up it appears neither Bill may win enough votes to pass. S Bob moon. Bloomberg daybreak secretary of state, Mike Pompeo is said to be wing at twenty twenty bid for US Senate seat in Kansas. A person familiar with the matter says Bombayo spoke with Senate majority leader McConnell and a GOP strategist flights end to Newark airport were suspended briefly yesterday after a drone was spotted along the airports final approach path. The drones were seen at about thirty five hundred feet up live ATC dot com recorded a United Airlines pilot telling air traffic control about the close. Call the drone bows thirty feet off right way. The FAA prohibits drone use above four hundred feet or within five miles of an airport. Without permission. The leaders of Japan and Russia met in Moscow. Bloomberg's Isabel Reynolds has more from Tokyo twenty fifth meeting between Japanese Prime minister, Shinzo Abe and Russian President Vladimir Putin failed to bring about any substantial progress on a territorial dispute that has lingered since World War Two and a briefing after that meeting in Moscow. Both leaders said the process would be difficult. They nonetheless agreed to continue trying to reach a deal with their respective foreign ministers set to meet again next month in Munich in Tokyo, Isabel Reynolds, Bloomberg daybreak Los Angeles teachers have approved a contract deal ending a six-day strike global news twenty four hours a day on air and at tick tock on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Michael Barr. This is Bloomberg. Nathan, michael. Thank you five..
Fed investigating Deutsche's role in Danske money laundering
"Recent rally as some of the data hasn't been coming through quite as badly as the markets were pricing. But I think we're ready relatively flat trading range, the most markets over the course of this year, the all country world index is up five percent this month. That's just behind last year's six percent gain over the same period. This is Bloomberg. It's five oh seven on Wall Street time. You get the latest world and national news for that. We turn to Bloomberg's Michael Barr. Thank you very much. Nathan Senate majority leader Mitch McConnell is now allowing consideration of rival Republican and democratic proposals for reopening the government. It comes as the shutdown has entered its thirty third day. Bloomberg's Bob moon reports though, there is no guarantee. President Trump will go along McConnell has insisted he would not waste time as he put it voting on any measure that Trump opposed. Any initially said a Republican Bill with all five point seven billion dollars for a border wall was the only measure Trump supports that. I've stated consistently over the past month. That fact will earn it consideration here in the Senate that hard line appeared to soften though, when he also scheduled to vote on a funding measure from the house after Senate Democratic leader, Chuck Schumer, Blaine Trump and his party for demanding only their way to allow government funding. Everyone knows that. He an leader McConnell are the only obstacles to opening it back up it appears neither Bill may win enough votes to pass. S Bob moon. Bloomberg daybreak secretary of state, Mike Pompeo is said to be wing at twenty twenty bid for US Senate seat in Kansas. A person familiar with the matter says Bombayo spoke with Senate majority leader McConnell and a GOP strategist flights end to Newark airport were suspended briefly yesterday after a drone was spotted along the airports final approach path. The drones were seen at about thirty five hundred feet up live ATC dot com recorded a United Airlines pilot telling air traffic control about the close. Call the drone bows thirty feet off right way. The FAA prohibits drone use above four hundred feet or within five miles of an airport. Without permission. The leaders of Japan and Russia met in Moscow. Bloomberg's Isabel Reynolds has more from Tokyo twenty fifth meeting between Japanese Prime minister, Shinzo Abe and Russian President Vladimir Putin failed to bring about any substantial progress on a territorial dispute that has lingered since World War Two and a briefing after that meeting in Moscow. Both leaders said the process would be difficult. They nonetheless agreed to continue trying to reach a deal with their respective foreign ministers set to meet again next month in Munich in Tokyo, Isabel Reynolds, Bloomberg daybreak Los Angeles teachers have approved a contract deal ending a six-day strike global news twenty four hours a day on air and at tick tock on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Michael Barr. This is Bloomberg. Nathan, michael. Thank you five.
"danske" Discussed on NewsRadio KFBK
"Crazy. Yard perfect time to be able to tell story like I'm still get killed about it to this day that nobody believes me like nobody believed that it could actually be extra restaurant. They could be. Now, they walk among us Paula. Yeah. I studied a lot of contact. He's talked about this, especially in Europe. And what do they say they say, they do among us. I mean, first of all you've interviewed Charles hall. You know, I did the Charles hall case that was you. That's right. I mean, and and they would walk downtown Las Vegas, and he talks about that with their CIA guards. I believe Charles hall case. And this was nineteen sixty five though. And then also with a Danske Dem's would get in the car with these people and lecturer in Germany, and it was I if you begin to think about it. It's absolutely normal. They look like us a lot of them. Look like us they they can pass for us. And they don't have to be hybrids. They could just be visited there among us, and they were minus. Yeah, I'm okay with that. It's the it's like a learning expedition, the only thing I'd like to them to believe that we we we would grow up a little bit. Because if you look at the planet in the state, it's in right now, it isn't really volved very much have you ever met someone that you thought might have been in e. Yes, you had an experience in Shasta with.
"danske" Discussed on KTRH
"Shows up, and there's guys like in these suits, and they tell everybody's going standing around our yard, and they made a stay inside, and they left, and we don't know what they did. Or what they were looking for absolutely crazy. And. Time to be able to tell stories like I still get chills about it to the state because nobody believes me like nobody believed that it could actually be extra rhetoric. They could be. They walk among us. Paula. Yeah. I studied a lot of contact. He's talked about this specially in Europe. And what do they say they say, they do among us. I mean, first of all you've interviewed Charles hall. You know, I did the Charles hall case was you. That's right. I mean, and and they would walk downtown Las Vegas, and he talks about that with their CIA guards. I believe Charles hall case. This was nineteen sixty five though. And then also with a Danske Dempsey would get in the car with these people and lecturer in Germany, and it was I if you begin to think about it. It's absolutely normal. They look like us a lot of them. Look like us they they can pass for us. And they don't have to be hybrids. They could just be visited there among us, and they're among us. Yeah. I'm okay with that. It's it's like a learning expedition, the only thing I'd like to them to believe that we we we would grow up a little bit. Because if you look at the planet and the state it's in right now, it isn't really volved very much have you ever met someone that you thought might have been in e. Yes. I had an experience in Shasta with the with with an I knew it was an ET. I had an experience in two thousand fourteen with the Latin American group was Ricardo Gonzales in Shasta. And the and the guy was standing against a tree was ten foot tall. And couldn't understand a word. He was saying it was eleven o'clock at night, and it had seven witnesses and this and grant Cameron did the story it's on his YouTube. So and and it affected me profoundly..
"danske" Discussed on Bloomberg Radio New York
"More news Deutsche Bank. Apparently, the fed is said to be probing the Bank over suspicious does get bang cash and something that we've been following very closely. Yes, indeed, two hundred and thirty billion dollars worth of money laundering, flowed from dance get through their Estonia subsiduary. So what the fed is said to be doing probing the Bank over suspicious movements of cash. Of course, this is not the first time that the regulator. It has scrutinize the Germans the Germans business. This was a number of years ago. They have billions of dollars and suspicious transactions from downscale in the past that got suggestion in in in this particular, red headline the fed is said to propose is probing deutchebanks over suspicious at dance get cash, so. So the issue is of course, what money moved from Danske Bank, potentially through declaring system of Deutsche Bank. Just last week. Of course, you had Christian saving saying this that he had actually launched an internal investigation. Absolutely. Basically looking into the role that Linda's role as a correspondent Bank for done scamming saving saying he hasn't seen any evidence of wrongdoing. But you listen to what the US at say about this. I mean, the Senator Elizabeth Warren has weighed in on this past and she and some of the other Democrats as well have called for the Senate banking committee chairman to probe the companies correspondent banking business four hundred to money laundering. Now just going back to what you were saying, yes. In the heart of this story told you Bank in two thousand seventeen they agreed to pay what forty million dollars to settle allegations that the US business failed to keep sufficient money laundering protections. And the fed said that the banks faulty monitoring involved billions of dollars of potentially suspicious transactions that was way back between twenty. Eleven and twenty fifteen this potentially the sources that speak to Bloomberg's say this is potentially a new investigation by the fed to probe deutchebanks over suspicious. Danske Bank transactions. Yeah. We'll keep a close eye on that, of course at the open. Let's get into some of the other market action as well. We need to talk about what's happening with the Chinese Yuan. Because he had the PBOC that's the People's Bank of China. Of course, the central Bank of the country. Injecting two hundred fifty eight billion Yuan wanna funds to banks in a new targeted operation. Now, this is of course, encourage lending to small businesses, but what the markets live team points to as well look out for the six point eight level. That's gonna be key you Saudis don't want an additional weakening ahead of key trade talks with the US. It just doesn't make much sense. Yeah. But are they really going to have the toast? You got the you got the Kudlow basically say we're going to have in-depth talks. And then of course, you've got the F T dollar dollar-yen because the Bank of Japan has taken a slasher the national to its inflation talk. Don by half of one percent point nine percent. In terms of the inflation, either food twenty nine thousand nine that is hit the view that you're in Parma QE Navonna forever. What can the Bank of Japan really do to raise rates the money? Markets say we are going to be in low rates for a very long time GM. Yes, let's take the white of market action than we had a rough session. If you were trying to make money on the upside in terms of being bullish on US stocks because you had of course, the news around what the administration might do when it comes to these Chinese trade talks looking here currently at an Asian session. That is being led to the downside by the ASX two hundred that about two fifth of one percent stocks in South Korea up a fifth of one percent, but there's a lack of direction there's a lack of conviction. Emerging-market currencies are on the move. The dollar is also the backdrop to all of the EM flow. There's the one you said that you mentioned, of course, at the South Korean won't that little bit higher this morning. Let's get some of the major indices that are coming up this hour from Davos, this is what you wanna stay tuned for Saudi Aramco CEO. I'm a Nassir kingdom holding CEO, Talal Abraham. Yeah. And then you've got also some other voices, including the Qatari Foreign Minister Mohammad bin. If any. Okay. So that's what we got stacked up here in the next couple of. Let's get the first word headlines. Deborah myers. Danny by Deb. China has moved to support the economy in the face of deepening slowdown the PBS see injected about.
"danske" Discussed on WTMJ 620
"And where it is traffic on the tens every morning afternoon. WTMJ news, traffic and weather event. The education being used by storm team four meteorologist, Brian is Danske is unimpressive. Jesse Rick a few clouds and cold temperatures. Let's head into the weather center meteorologist, Brian gutter. Could after noon good afternoon, everyone. Newsradio WGM J, Wisconsin's movers and shakers our guest this week is handled legend in town. His Ritz using guests done smiley the headman at Zimmer. Living our chat with rivers manager Craig counsel. WTMJ conversations Sundays at eleven on WTMJ as the seasons. Change smart, accurate weather. Forecasts are what you need is important to us that you know, what's coming. We don't want you to get caught in a storm. So we're here to help. We scott. Radio station. News Radio WGM, Jay. Now, more of WTMJ conversations. I'm gene Mueller. My guest today is Steve boroughs of Greenville, his HBO documentary weed out available now on the cable service, and you can also see it on HBO demanded tells about his mom's problems after she went into a hospital. West Alice memorial for routine hip surgery, the complications that followed in his legal fight in terms of trying to get answers and some sort of a settlement against big pharma. And big medical one of the things that Steve brings up in the course of the documentaries. The fact that Aurora uses remote cameras in icy used to monitor patients, no doctor on the floor, at least that was the case in his mom's situation while she's in the ICU they use a camera instead of a an actual body. There's there's a nurse on the floor. But no doctor, and they're monitoring her with this camera system that she's at west Alice memorial. The monitoring is happening at the other end of green Mitchell international by a person who's not watching her supposedly. But how many other patients scores of other patients and other issues? Right. Well, we first off we didn't know any of this right now all I knew was mom's in a coma from hip surgery may never wake up. So I call my aunt and uncle, and they come and we start to ask questions. We started talk to the nurse the doctor, and what my uncle wanted to do was he wanted to talk to the doctor the ICU doctor that night. It was with my mom because we looked at the records at night in the ICU and saw that my mom's blood pressures were tanking repeatedly over and over again. And there were six seventy to sixty and then the nurse even wrote at one point below fifty systolic, which is according to the charts. That's Komar death. Right. As she. She wasn't a coma. Right. So we wanted to speak with the ICU doctor that night and the nurse told us. There was no ICU doctor that night. What? She lost half the blender body and surgery. What's going on? And the nurse told us that there was this issue system, which is this camera that is theoretically be monitored remotely by Dr offsite in our case on Grange over there, in some cases with other systems and other cities and other states, and we said, well, okay. Can we talk about Dr while? No, I don't think you can all what about the camera. Can we look at the footage to see what they saw? Well, we don't record that stuff. And in fact, the gentleman who was running the ICU at the time told me that the camera would never on. There's a camera to watch the patient the cameras never on right or sell them on right now. We went through this whole trial and the seven years slog, and it's still not clear whether or not that camera how it even works is an audio thing, you know, the nurse can when when the nurse one of my mom's blood pressure's dropped to one of those deadly levels. She hit some button that notified the folks out at the airport that there was a problem, and it's not clear even to this day. She talked to a doctor or if she talked nurses out there too. There's one we later found out that there was one doctor out there that night who was monitoring not only west Alice, but also all the other Aurora hospitals, and we asked during one of the depositions how many? Patients. She was watching that night to this system. That cameras are maybe not on. Maybe I may not be on. And she said one hundred sixty critical care patients, and I can tell you about my my lawyer was a very cool customer. I've seen him rarely react anything. But when she said one hundred one hundred twenty five to one hundred fifty and then the ICU person for our hundred sixty I mean, he blanched what? And then we have found out that that doctor the airport didn't even know she was replacing the bedside doctor. He didn't know that. There wasn't a doctor there that night. So it was almost like the right hand doesn't know what the left hand is doing so three days in your uncle the doctor says you gotta get a lawyer. You gotta get going on this. Right. First thing he says, you need to become powered attorney because your mom is incapacitated. And she can no longer make decisions for herself. And my mom had her all our papers. And there's another thing people need to get their papers in order. No one wants to do it. My mom. Want to do it? She did it like six months before this happened. But she did. And I became attorney. I was able to get her medical records. And my uncle said, we need some legal guidance on this because things are not adding up here. And we need definitely look at this. And this is where we get into the system itself. And how hard it is for a lay person to get a lawyer that will take this case this kind of a case because the system is so rigged is probably a harsh term, and it seems to figure let's just say politely doesn't work in favor of the patient. Well, I can only quote our first Boyer Lynn lov Moore who is. A great attorney who did this for years, and he says in the film as he said to me repeatedly rig system, the deck is stacked against you. If you're a patient or your family with a patient where something. Doesn't seem right to get him. The fact that you had someone on your side as an advocate that the told you to do this early on is what would you do the top of the list with his office? Then right. Yeah. We needed to talk to someone immediately. And then it became clear that you know, these these plaintiff. Attorneys for patients are getting hundreds of calls a day, and everyone has a sad story. And these guys work on contingency that meaning that they only they will only make money if they win their case. So they are only going to take the best cases. And those cases that they ended up taking they lose ninety percent of those cases nine out of ten. So he's turning down hundreds of calls and cases a week. And maybe they take I don't know. I can't speak for them. But they give me the numbers before. But in our case, they took my my mom's case, and they were very straight with me. They said look we lose ninety percent of the time. So there's this myth out there that there's frivolous lawsuits with medical malpractice, and medical, and it just doesn't that's not true because lawyers who's gonna work for seven years for free on a case. You have a ninety percent chance of losing. And then do that. Even if you win there are caps in how much you can win. Now. Right. That's correct in the state of Wisconsin seven hundred fifty thousand dollar cap. So by the way, the jury's not allowed to know any of this stuff all these laws that are all these laws that are out there, protecting hospitals and doctors drew doesn't know anything about this. We really thought. Well, the jury's got no by the cap now, there's a lot of states that that's not their they're justifying whether there's negligence or not that amount of money would not bring back. Everything your mom lost any head. You won this case. No, no in the house. Her retirement her retirement that was the key. She had this incredible nest egg for her for mom single. She was a single schoolteachers shot at Tottenham. He has for thirty years special. Ed, she saved her money for fifty years. You know, because she was single and she knew that she had to watch out for self, and that money was blown and by March of two thousand twelve coming up next on WTMJ conversations was very encouraging it for she kind of had a pretty good recovery. But like, I didn't even see how bad she was because she hit it. So well, Steve Boros mom comes out of her coma goes into assisted living, the.
"danske" Discussed on FinTech Insider
"On combating international financial crime, the donation totals one hundred seventy eight million pounds compared to the two hundred billion. So this is a big rise in Dansk ship recently coz won the head of the local said that some estimates from the fines some of the finds the Bank was likely to receive were probably inflated. So not surprising. Then that we see this on the back of it that maybe the the supervisors too close to the banks. So we got friend of the show and. Wreck tech expert, Shawn Lewin, aka the doctor herself, it's talk us through this one. She explains what regulatory capture actually is. And how it applies in this case, let's hear from anelle. Regulatory capture. According to a definition by carpenter moss in their Berg, preventing regulatory capture is the result of process by which regulation in law. Application is consistently repeatedly directed away from the public interest and towards the interest of the regulated industry by the intent and action of the industry self several mechanisms for regulatory capture of been thought about and posted in regulatory scholarship, for example, the exertion of industry influenced by lobbying using campaign contributions swipe policymakers three repeated interactions between regulator and the regulated. And we can also think of catcher is being something a little less. Tangible more intellectual or cultural, for example, through the so-called revolving door between industry and the regulators were members of staff from industry regulator and then vice? Versa in the Danske, Bank example, the chairman of the SA until may two thousand eighteen was actually a former finance director at Danske Bank, seemingly clear example of this volving door, but defending the FSA accusation of catcher Jasper Burg the head of the F essay argued that in order to regulate properly episode needs to employ people who have deep practical expertise of financial services, whilst this may well be the case the neat implement measures. Stop the regulator in industry from getting too close for comfort is really made clear by the Danske Bank case, and it'll be interesting to see what kind of measures. They put in place to try and prevent regulatory capture when the future. Thank you very much, Sean.
"danske" Discussed on Bloomberg Radio New York
"Six hundred of the last twelve months that's prompted shakeups at the top of several leading banks including Deutsche Bank and Danske Bank and UBS succession planning is also underway so June. Bloomberg's Francine LA spoke with UBS chairman actual vaber about the future of banking. I think the industry in the middle of transformation already the first ten years after the financial crisis largely so every regulation of the industry and many, including UBS have changed their business model. We were among the first and now over the next ten years. There will be different trends that would shape the industry technology is one of them. Overall, the business model will in my view be challenged by disruption and the question in the future will be can encumbrance like UBS race to the challenge and basically transformed himself rather than being disrupted and we've seen this. In many industry technologies to key driver for that. I think banks will continue to face those challenges. So I think people would rise to the challenge we will basically adopt. What is good through financial technology the business while change it will become more technology driven? It'll become more even more clients and treatment goes to main beneficiary of these technological disruption will be the clouds, but how will the big banks not being disrupted left behind? How do they not become obsolete? I know I will get disrupted is banks that have in their business model a core model that has no distinguishable. Many banks like ours focused on one business area wouldn't say need because it's the we're the largest player in the world in wealth management were content matters and content. We met matter even more in the future. The client experience will change through technology. But clients are getting more educated about financial markets through technology clients are more risk sensitive. They have different interaction with the banks through technology and banks that will assimilate that into the business model with continue to provide content and be industry eaters. Do you think you is a little bit of a blueprint for the rest of the European financials unnecessary because you wouldn't want everyone to move into wealth management, and nobody has the core strength in the whole market that we have it's a small home market, but it's a very lucrative market. And also because of the small size of a home market. We were very early forced as with banks to be very international. And I think at the moment this Internationale tea helps ups, but what are the risks associated with wealth management, especially wealth management for very high net worth individuals? Well, we're seeing an opportunity there. So if you look at what we recently announced with our investor day, we actually think that the current trends in the markets will continue to produce one byproduct of these QE and monetary policy easing that is unwarranted in my view undesirable. And that is increasing difference between the best performing in the economy and least performing so inequality is. Is going to rise. It will continue to produce very high income and very high welts in many of the afternoons parts of our societies and the middle man, we'll continue to feel somewhat left on the sideways, and that will continue to offer opportunities for large banks who can basically focus on the wealthiest of their clients and on the most affluent in the society, and you is one of those banks that has a long track record in that and continues to work with these service the globalists'. And if there is this, you know, wealth inequality, increasing it means that there may be even more populism and more of like anti-globalization sentiments, it hurts your client. It hurts your clients. But if you look at the potential of those top clients in the in China, but what happens is almost every day in new billionaire emerges in Asia Pacific. So yes, there is some disruption. I would say for the average economy, but for the most affluent parts of our societies. And for the most dynamic parts of our economy grow. Realization is the fact that will continue there will be some challenges. There will be headwinds. But I think, you know, ten years after the crisis usually this populist arguments are getting more and more headwinds as the economy. Emerges from the crisis. And I think that's what we're starting to see if you look at the French election or some of this. Yes, they're on nationalist movements, and there's populism, but actually internationalism escorts on points, also recently, and I expect as he continues to heal from the crisis many of the angry voters that look at the crisis and how they Bill hurt will feel that the new developments in the economy worked for their better life. And actually I was starting to feel as angry about the crisis. What exactly do you think the future for these big European universal global banks is or some going to fold are we going to consolidation. You're going to see consolidation in the industry, you're gonna now still have some calls occasionally for national championship. I don't think that's gonna work what Europe needs in order to catch up with American firms is European banks that are larger incisors. Cross-border banks pan-european consolidation, and that's actually a bid against the sentiment or what regulators have been engineering. We're basically too big to fail has led to a lot of regulation geared that the most complex and largest financial institutions, and we're seeing the US that trend get slightly reversed. There's still a lot of regulation for the top banks, but some of the mid size banks find it much easier to get regulatory breaks, and that will enable them to basically start merging. And in Europe. You will see to say so what in ten years, we're going to have five banks five big European banks more. No, I think you're still going to have quite a few more. Thanks. But you at the moment don't have any pan-european MAC, you will see three or four pan European banks that will be true pan-european in the sense that they'll cover the entire euro area or the entire you and being a Swiss Bank and being global. We will continue to be a competitor in these pan-european banking markets and also in the golden market. So you will see much as domestic banks become more pan-european. You will also see US banks taking a bigger stake in Europe. And in Asia corset lines would want exposures and global banking as well what kind of transformation digitally? I don't know whether it's autumn association reputation, or it's just finding different language to speak to millennials. That will be your biggest challenge. I think the challenge is going to be that banks have now tried to drive digitalization himself. I mean at the core banks are technology companies, but what would happen with disruption is banks with monitor the successful in the market of the tax, and they would basically work with them integrate them into their. Value chain integrate them into what they're doing and become better banks with the same client experience that declined is looking for outside you were pivotal in dealing with the financial crisis head of the Bundesback back in two thousand and eight what do you wish you knew back, then that you know, now at the time, but what we experience was a cardiac arrest of the global economy takes a long time to recover. I think the expectation at the time was if we fix these problems we can go back to normal. We haven't gone back to normal and we'll never go back to the old normal. The world is moved on. Some products are gone. I think for the better and in the future. It's all gonna be about. How can we navigate these more complex world were sort of complexity is ever increasing? That was UBS chairman axel vaber coming.
"danske" Discussed on Bloomberg Radio New York
"The second worst performing sector in the stock. Six hundred of the last twelve months that's prompted shakeups at the top of several leading banks including Deutsche Bank and Danske Bank and UBS succession planning is also underway so June. Bloomberg's Francine LA spoke with UBS chairman actual vaber about the future of banking. I think the industry in the middle of transformation already the first ten years after the financial crisis largely so every regulation of the industry and many, including UBS have changed their business model. We were among the first and now over the next ten years. There will be different trends that would shape the industry technology is one of them. Overall, the business model will in my view be challenged by disruption and the question in the future will be can encumbrance like UBS race to the challenge and basically transformed him. Rather than being disrupted and we've seen disruptions in many industry. Technologies to key driver for that. I think banks will continue to face those challenges. So I think we would rise to the challenge we will basically adopt. What is good through financial technology the business while change it will become more technology driven? It'll become more even more clientcentric because the main beneficiary of these technological disruption will be declines, but how will the big banks not be disrupted left behind? How do they not become obsolete? I know what will get disrupted is banks that have in their business model a core model that has no distinguishable. Many banks like ours focused on one business area wouldn't say need because it's the we're the largest player in the world in wealth management were content matters and content. We matter even more in the future. The client experience will change through technology. But clients are getting more educated about financial markets through technology more risk sensitive. They have different interaction with the banks through technology and banks that will assimilate that into their business model with continue to provide content and be industry, leader statements. But so do you think of UBS is a little bit of a blueprint for the rest of the European financials unnecessary because I wouldn't want everyone to move into wealth management, and nobody has the core strands in the whole market that we have it's a small home market, but it's a very lucrative market. And also because of the small size of a home market. We were very early fours as with banks to be very international. And I think at the moment this Internationale tea helps ups. But what are the risks associated with wealth management, especially wealth management for very high net worth individuals? We're seeing an opportunity there. So if you look at what we've recently announced with our investor day, we actually think that the current trends in the markets will continue to produce one byproduct of these QE and monetary policy easing that is unwarranted in my view undesirable. And that is increasing difference between the best performing in the economy and least performing so inequality is going to rise. It will continue to produce very high income and very high welts in many of the affluent parts of our societies and middle man, we'll continue to feel somewhat left on the sideways, and that will continue to offer opportunities for large banks who can basically focus on the wealthiest of their clients and on the most affluent in this society, and you guys is one of those things it has a long track record in. And continues to work with these service the globalists'. And if there is this, you know, wealth inequality, increasing than it means that there may be even more populism and more of like anti-globalization sentiments that hurts your client. It hurts you if you look at the potential of those top clients in China, but what happens is almost every day in new billionaire emerges in Asia Pacific. So yes, there is some disruption. I would say for the average economy, but for the most affluent parts of our societies. And for the most dynamic parts of our economy. Global is Asian is the fact that will continue there will be some challenges that will be headwinds. But I think, you know, ten years after the crisis usually this populist arguments are getting more and more headwinds as the economy emerges from the crisis. And I think that's what we're starting to see. If you look at the French election or some of this. Yes, they're on nationalist movements populism, but actually internationalism escorts on points, also recently, and what exactly do you think the future for these big European universal global banks is you're going to see consolidation anti-industry. You're gonna now still have some Kohl's occasionally for the national champion. I don't think that's gonna work what Europe needs in order to catch up with American firms is European champions banks that are larger in size cross-border banks pan-european consolidation, and that's actually a bid against the sentiment or what regulators have been engineering. We're basically too big to fail has led to a lot of regulation geared that the most complex and largest financial institutions, and we're seeing the US that that trend gets slightly reversed that was UBS chairman actual labor coming up a bull case for apple. We hear from.
Danske whistleblower says big European bank handled $150 billion in payments
"Scale and scope of the Danske Bank, money laundering scandal. We open with a clip from whistleblower. Howard wilkinson. Not to spend too much time on this chart, but you can see this ten banks ten banks there. I think how many countries are. We got Russia. This you Ania Estonia, Denmark, US, we've got European subsidiaries is a lot of countries involved. And in the case of this Danske Bank, money laundering, scandal, they all failed. It's not just stonier and not just their Mark. Every single one of those banks had an obligation to check the money that was going through them and every single one of them failed. Think is important to remember that we're not just talking about thirty money going through Danske Estonia thera to other Danske units in vote Lithuania and Denmark, and I think very important is to look on the foreign no one really knows where any of this money went all we know is that the last people to see it with these three banks in the US there. The last the last check. And when that failed the money was into the global financial system. It was clean. It was free. Howard Wilkinson the whistle blower at the heart of the Danske Bank scandal has been giving evidence to the Danish parliament. And it's rather blowing the lid open on this whole thing. A couple of very big revelations, Richard tell us exactly what struck you. Well. Well, it was an extremely interesting performance from him. He was the whistle blower who warned in four occasions on twenty thirteen in two thousand fourteen than Bank, and what he said in parliament east really taken aim at just about everybody involved in the phase being breaking critical of Danske, Bank and its management. He's taken a big short. Danish regulators. But I think the biggest headline rarely is the he looked at the three correspondent banks that helped and skirt process the money out of it sustained in branch, and in
Deutsche Bank was correspondent bank for Danske Bank in Estonia
"Why didn't you money laundering scandal at Danske Bank is threatening to embroil another big name, a whistle blower told? Danish lawmakers that it's possible that more than half of the two hundred thirty billion suspect dollars handled by the banks Estonian unit was funneled through Georgia, banks American arm. So I it was a so called correspondent Bank for us, operation and
Danske Bank faces U.S criminal inquiry over suspicious Estonian accounts
"Thank you US. Authorities are now investigating a money laundering case involving Denmark's. Biggest bank. Danske Bank says it's received requests for information from the Justice department and can. Action with a criminal investigation. Criminal investigations already underway in Stony a- and Denmark after dansko said more than two hundred billion dollars that flowed through its Estonia unit may need to be treated as
Yeon and Europe discussed on FT Banking Weekly
"Of each individual regulated, the Danish in the stone, Yeon regulators as anybody that follows. Money laundering will know this enormous questions about the European framework of regulation and this division of responsibilities. Does that work? Does Europe need a central anti money
The money laundering scandal at Danske Bank
"We have beaten. We brought over half a million corker starting in June and the rest subject to demand OPEC and its allies pledged back in June to produce an extra million barrels a day, but it is contending with the collapse in Venezuela and production and also renewed US sanctions on Iran. Now, it's another tough day as UK
Under fire Danske Bank faces fresh money laundering inquiry
"Power of these tech companies. Now you bring up the fact that they're becoming a media company. And of course we had AT and t. Time Warner merger which included CNN and of what the judge said in his ruling was looking at the outsized power of these companies in the digital advertising space. You see that response, but is regulation. The right strategy are finds the right strategy is any of that going to make a difference when you consider how large the market capitalization of these four or five companies are. So when you have a company like Google with one hundred billion dollars in cash and you find five billion dollars, what you're actively telling Google to do is to continue to break the law. If you had a parking meter in front of your house, that cost one hundred dollars an hour, but the ticket was twenty five cents. You would continue to break the law and that's what we've been telling these companies to do with fines. That might sound large dollar terms, but in terms of impact aren't that large, you ask what we should do. I believe regulation has unintended consequences. I think GDP are has actually emboli. And strengthen these companies position. I believe that the future to oxygen eight, the marketplace is to break these guys up. I think antitrust action is the way to go that there is a real risk of that. Now, I know that the US attorney general Jeff Sessions having a meeting with states attorneys generals next week to discuss this very topic restarting to hear that word, antitrust rebates starting to hear the word monopoly associated with some of these companies. Is that a growing regulatory risk for these mega tech companies? Could you actually see them getting broken up? I used to think there was no way because Amazon is eighty eight fulltime lobbyists in DC. We in the US I would say suffer a little bit from what I call this gross idolatry of innovators and billionaires. We see them as our heroes, but I do think there is a movement of foot now, whether it happens out of DC, I would say most likely, no. I think the pushback is gonna come out of Brussels and possibly a red state. We're an attorney general in that state's he's at the brightest blue line path. The governor's mansion is to make an argument against these tech. Companies to quite frankly probably haven't been good. Have they been going for California? Yes, New York s? Has it been good for Kansas? What's happened to the ad agencies? The retailers, the businesses in those states. I think a lot of these red states have decided, you know, big tech it. We've been net losers here, so I don't think it's going to come out at DC at might the DOJ should absolutely do its job. The call to restrain. The acquisition of this company was read in comparison to the power of these other companies. So I actually do believe there's there is a non zero probability now that the DOJ or the FTC or a state AG Michael after these companies and accused him of anticompetitive behavior and propose antitrust and breaking up as a solution. It's an interesting paradox because you have Amazon yet to announce the second location for its headquarters, and you have, you know, local mayors and governors of morning Amazon at the same time. You see it coming under increasing potential enemy trust scrutiny and other bad headlines following it as well. Do you. You see public opinion changing at all toward the power of these big tough tech companies. While at the same time, we're also dependent on the warm is absolutely turned two years ago. The only argument was is more Christ. Like we're going to be the next president among their see is really the weaponization of the Facebook platform by the GRU of the Russian government changed everything. And now. Oh, citizens. Citizens have are starting to feel a lot more wary about these firms, but you brought up an interesting point the competition to be the host of the next age. Q. and regulation are linked Stephanie because the next headquarters for Amazon will be Washington DC, the metro area, and the reason why, and it was always going to be DC is one the basis have a home there, and CEO gets to pick with a company. Second headquarters are going to be. And so the only thing standing in between Amazon, Amazon's valuation of one trillion in two trillion is regulation, and no one is going to regulate the individual. The throws out the first pitch at the two thousand nineteen opening game of the Washington nationals which will be Jeff Bezos. This competition was a Reuss to transfer wealth from fire departments and school departments to this shareholders of Amazon. It was always going to be DC. This has been a terrible abuse of the Commonwealth. And how many lobbyists does Amazon have in DC right now. Last check Eighty-eight fulltime lobbyists in DC, Scott Galloway. We're gonna have to see if you're right on that. It's going to be embarrassing of announce big Indianapolis. Well, DC could certainly use the jobs, Scott. Thank you so much. Thank you. Let's turn to Europe and the massive money laundering case that shaking the financial world is he? Oh, of Dansk of Bank is out a new report from the firm details. It's employee's failure to conduct basic due diligence on customers and managers, failure to heed warning signs. The tentacles of the investigation and the alleged wrongdoing are spreading regulators in the United States, Denmark and Estonia, or all probing, dansko bank's operations and the probes center on the banks, tiny subsidiary in Stony a- lax controls. They're allowed through more than two hundred thirty billion dollars. They came from thousands of suspicious customers outside Estonia and that dollar amount is nearly twice what was previously reported. The Bank is alleged to have become a conduit for money coming from Russia and former Soviet states. The allegations are linked with fraud cases exposed by Bill. Browder anti-us former lawyer Sergei Magnitsky who was murdered in a Russian prison. Bill Browder himself was kicked out of Russia. He has since filed several criminal complaints over dansko banks. Behavior Bill is the CEO of Hermitage
Danske Flags More Than $230 Billion in Transactions Related to Money-Laundering Probe
"Largest Bank dansko has resigned over the money laundering scandal. Thomas Borgen is leaving following investigations into funds that were transferred through its operation in Estonia by customers based in Russia and other parts of the former Soviet Union. The Bank said it was investigating about two hundred thirty billion dollars worth of transactions made there between two thousand and seven and two thousand fifteen Dansk is vice chair. Carol sergeant said the scandal had damaged the Bank. Clearly there have been very serious weaknesses in the approach to anti money laundering in Estonia, which should not have happened with major reputational consequences for the Bank, which we realize will be hard to repair, Denmark and Estonia have launched criminal investigations.