15 Burst results for "Doj Bank"

"doj bank" Discussed on This Week in Startups

This Week in Startups

03:34 min | 11 months ago

"doj bank" Discussed on This Week in Startups

"Dennis is the head of research at synergy. Jia capital synergy capital He said that tether news is less of a market negative because it is an investigation into executives and alleged practices. He said that that's not as concerning as an investigation of what tether is stable going. I don't exactly understand his analysis there but sure whatever it's all bad news i mean if if you're any objective person looking at this from the outside oh my god what an issue. Oh this is turning out to be i. People are going to look back at this moment in time. Weather tether is on the up and up or not or fouquet's your fraud or just loosey-goosey with the rules or maybe bending rules until they break whatever they're doing over there. This is terrible for the industry. It is a just terrible black. I if you're in the crypto space you should be absolutely ashamed to share the crypto space with tether. You should absolutely get off tether as quick as possible. You should not be associated with something with this much heat on it right. This is like somebody involved in a heist who then goes in buys a cadillac and biza for code. You guys ever see goodfellas where everybody shows up. And they've all spent their money from the big ice at jfk or whatever it was like. That's not what you do. You're bringing heat to the entire space tether is bringing so much heat and scrutiny to this space that you don't want tether on your squad if you're in the crypto space cut them loose these. These guys are going to sink the entire space. Get your dollars out of tether and put them into you know. Cash fiat bitcoin by bitcoin. Sell your bitcoin. Whatever it is. I the last place any dollar should sit is in tether at this point until such time as their audited and then they claim they're going to get audited and it's not going to be years it's going to be months who's doing the audit you know. We're going to play this cat and mouse with them. Like we did with elizabeth homes for a year or two where she is going to go to this conference. She's gonna show up the machine's gonna cure cancer. Everybody's going to know you know with a pinprick. Three hundred different measurements of the blood and she just kept stalling and stalling installing until the whole been collapsed. Is that what's happening here. Feels like it. Maybe it's not but it feels like it and if it feels like it and you don't clean it up you're the problem tether your ceo your cfo and in fact your and your cto. Which i don't think actually have ever seen the commercial paper. I'm gonna go out on a limb here and make a crazy prediction. The cto and the g see the general counsel who were on cnbc. I don't think they know what's going on. I think they might be in an information vacuum. That's why they're going on. Cnbc in public. They have plausible deniability. How can they incriminate themselves. If they go yeah. We have chinese paper. The can say. Well i just knew we had international paper. I never saw the paper. That was the cfo's job and the ceo could say. Well i don't know the cfo. I don't know where the show is. I'm i'm on some island somewhere and that's what. A lot of these crypto people are winding up doing. There's a reason why they're moving to weird jurisdictions and getting out of dodge. I think there's a lot of dirty stuff that went on here. And i think the postmortem on the crypto space is gonna be wild promising technology. Tons of drifters tons of scams. And then the promising technology coming out the other side and changing the world but we're in that middle piece right now where it's just filled with scam. Artists charlatans and weirdos and hopefully this all ends and we can all move forward. if you're in the crypto space distance yourself from tether as my best advice if you own any tethers liquidate them immediately. Get bitcoin get cash by disney..

Jia capital synergy capital cure cancer Dennis bitcoin elizabeth cnbc Cnbc disney
"doj bank" Discussed on This Week in Startups

This Week in Startups

04:11 min | 11 months ago

"doj bank" Discussed on This Week in Startups

"It in earnest with a major project you probably know about that already because they would have been hiring people and when they interview people typically the way these stories like the apple car story. It's very hard to hire one hundred engineers for a project and not find out about it. The way steve jobs figured out that google was going to watch chrome the chrome browser. Was they were interviewing safari team members the safari browser obviously by apple. So when you start recruiting in earnest for a project. That's when the stuff leaks because people will get interviewed don't sign. Nda's they might use a handshake agreement to not talk about it. But they'll say get some currency out of it. Sure some people will leak it. And that's how a lot of big projects like a are at apple as well. The reason people know there's a lot going are with a our cars and previously the watches because they were hiring tons of people to work on wearables to work on cars into on self driving and mobility but according to an article by coined. His desk speculating on bitcoin. Sunday run up. Here's the quote experts say short-squeeze of heavily leveraged traders may have added to upper pressure on prices. Okay so hearing about this. This is called defy decentralized. Finance people are taking their crypto holdings. And they're getting levered against him. What does that mean. They're getting alone just like High net worth individuals might able to have the had one hundred million dollars in facebook shares. They might be able to borrow a fifty percent of that as alone and banks typically provide the rich folks. Now it's coming down to anybody with crypto. You can borrow against your crypto but if the price changes radically either way if you're shorting if you're long whatever you make liquidated so supposedly a lot of people got liquidated so the prevailing theory amongst pro. Bitcoin people i think is the rumors of amazon which would be in the category of tesla buying a bunch of bitcoin. Just an incredible incredible. Check box to get amazon onboard. The bitcoin train but that turned out to be false. That think it's false because we're not hearing any jobs being posted about this or you know a bunch of people being recruited. So i doubt it that you know amazon's any more inquisitive than any other company but It costs enough of a price. Increase that little amazon. You know maybe got some people off the fence which then created the short stories if that makes sense but the pro pickling crowd is also i think downplaying the tethered doj prob-. I could see the tether doj pro being leaked yesterday amongst people who are insiders like let's say exchanges and then if you are on these exchanges especially offshore ones that use a tether if you saw people cashing in their tether for bitcoin. Which would be the smart thing to do if you think tether is going to collapse or they might get arrested etc and it all gets frozen. Will you would want to not have your money frozen because it could be frozen for five or ten years just like when poker sites assets got seized. You know you're you're just out of luck for years. You eventually were able to claim that you had some assets in there but you have to jump through hoops so any person hearing my voice right now who owns tether. And who's been listening for. The last month must be trying to get outta tether and move their tether into bitcoin or a theory you do not get the stability or supposed stability of a stable coin but you do have something that you can download and put it into your own wallet. Put in cold storage and get off of these crazy Exchanges that could also get seized. Tether could get shut down and these exchanges can get seized and everybody could lose everything where people can abscond with your money so you gotta get your coins into a wallet into cold storage off of these services unless it's maybe coin base or something that runs in the west and you feel a little bit more secure in so I think that is what we're looking at here is maybe some of that and it could be a combination of all of these things. Short-squeeze amazon rumors. Doj rumors tether tether people move into bitcoin. And you get this super storm. Dennis vinokourov hopefully pronouncing your name correct. Dennis is the head of research at synergy. Jia capital synergy capital He said that tether news is less of a market negative because it is an investigation into executives.

apple amazon Nda steve jobs doj tesla google facebook Dennis vinokourov Doj Jia capital synergy capital Dennis
"doj bank" Discussed on This Week in Startups

This Week in Startups

04:05 min | 11 months ago

"doj bank" Discussed on This Week in Startups

"Clip from tethers co-founder talking about solving banking problems. Interesting solution here you know. We've we've had banking hiccups in the past. We've just we've always been able to route around eight or deal with it. Open up new accounts. Or what have you shift different. Corporate entity didn't lots of cat-and-mouse tricks that everybody in bitcoin industry has to avail themselves. Of all right listen the first twenty seconds everything and you didn't know about these characters. I mean oh my lord. We've always been able to route around and deal with cat-and-mouse tricks. They're they are on record saying they're doing this. Shell game to get around regulations. And i think that's a lot of people in crypto. They believe that if they can route around regulations are going to do it. We start with. Ico's we just had on the program on friday. That injuries and horowitz company. That's has a class action suit. You're going to see this over. And over again. Where people are trying to reinterpret the laws or route around them and then. They claim that they're the victims and Okay maybe but i don't buy it quote. From bloomberg in recent months and then in parentheses federal prosecutors sent letters to individuals alerting practices again taylor executives that they are targets of the investigation the notices signal that a decision on whether to bring a case could be made soon with senior justice department officials ultimately determining by the changes. Charges are warranted. Okay this means they're going to do it. I mean honestly when when you see this level of investigation. I think nine times out of ten. They don't take on. These cases is my understanding. I listened to pre bars. Podcast in you know. He gives you a really good inside baseball about this. I also listen to the law fair. Podcast generally these kind of prosecutors. Do not go after targets. In less they really feel confident that they're going to bring charges and certainly the information doesn't get leaked in less. I think there's a really strong chance of this going to be charges now. Who leaked it. It might be people from the doj it could be lawyers who maybe didn't get paid in between it could be a paralegal. It could be somebody who's friend of a friend who knows who was involved in this was writing them out. It could be that in exchange You know that tether works with got a bunch of got interviewed got a bunch of document requests and they then lead to bloomberg because they don't want to be on the hook maybe they're doing some. Cya you get the idea when these things come apart. It's every man rat woman for themselves. Everybody's racing for the exits trying to get some cheese cheese on their on their co conspirators. If that's in fact the case here we don't know that yet. There's a very interesting claim made in the bloomberg article. It doesn't have much attribution. But this is the quote. The tokens importance to the market. Is clear tethers in circulation are worth about sixty two billion and they underpin more than half of while. bitcoin trades. so that's interesting. Obviously we know tether is super super popular but you. This all happened the day after bitcoin price spike yesterday and it went up from thirty four to forty k. These kind of jumps are not unprecedented for bitcoin. But they are certainly not common. Know this this level of job. This is a big jump here talking about jumping six seven thousand dollars on a in a couple of hours or a day and there's a bunch of theories around this jump one. Was you know there was a sunday night rumor. That amazon was going be announcing bitcoin payments and they might create their own cryptocurrency while amazon actually denied these rumors today also denying that they would launch amazon coin in twenty twenty two but said it will continue to explore crypto according to a spokesperson. You know if they were in fact working on a secret project amazon coin which doesn't seem unfathomable or if they wanted to hold some bitcoin or let people pay in it. I don't see why they wouldn't do that. Or maybe as an experimental project but it certainly if they were working on it in earnest with a major project you probably know about that already because they would have been hiring people and when they interview people typically the way these stories like the apple car story..

tethers co bloomberg Ico horowitz justice department doj taylor baseball amazon apple
"doj bank" Discussed on This Week in Startups

This Week in Startups

06:28 min | 11 months ago

"doj bank" Discussed on This Week in Startups

"And everybody's supposed to buy at the same time and hold forever and you know how this goes. It's a standard pump and dump nonsense. So maybe this isn't about tether manipulating the price of bitcoin or therion and maybe it's not about their holdings in commercial paper. Maybe from china maybe some fog as he paper who knows what's going on there because they wound simply tell us if tether had nothing to hide they would simply say. Here's our commercial paper they on. Cnbc said they have international paper but they win specifically say it's china we've had people on the program talk about. They think it's chinese paper. Who knows but if it is chinese paper and china's coming apart right now in terms of entrepreneurship in terms of ipo's in the government closing ranks. I mean what if the government in china just says hey yeah your commercial papers not worth anything here. Or what if they were buying commercial paper. That was you know worth ten cents on the dollar but it appears to be one hundred dollars but they pay ten dollars for you. Get the idea. There's all kinds of weird stuff that occurs if you are or your mind wanders to places when you don't disclose the holdings that they have so i said last week on episode twelve fifty after we saw the cnbc interview that i felt that the general counsel and cto. They did not seem like they were being. This is just my read on it as a poker apply. They didn't seem like they were super confident. Or being upfront about it. So i think they might be in a cleanup process. I also have a question. I would have asked which is to see. How are you involved in the purchase of commercial paper. Have you ever been involved in the purchase of commercial paper. Have you ever seen the commercial paper held by tether. Yes for now. When is the last time you had access to that commercial paper. It may turn out that the cto is the fall guy. Maybe the cto has never seen any of this paper. And they're putting him out there. To take the daggers. And to take the bullets take the arrows for the ceo and cfo. Who nobody seen because they are media shy. According to the cto general counsel when they're on cnbc like yeah they don't like to be in the limelight. Trust me if my company or any normal person's company was under this amount of scrutiny. Doj new york. Attorney general jim. Cramer financial times bloomberg. You know coffee zillow myself. Everybody asking these questions constantly. The ceo would of course come forward. And say i'm the ceo. Here's what's going on at my company. I am the cfo. The buck stops at my desk. Here's what's happening with our company if the cfo and the ceo will not talk to the press and to their customers publicly and address. These issues that kind of for me. That's the end of the line. I would never participate in any of these financial systems if the ceo and the cfo. Are you know in the worst case on the lam and afraid of getting arrested. Which who knows me this. Doj is the reason they're not talking and the reason nobody knows where they are or their location seems to be a mystery because maybe they're in a jurisdiction where they don't have an extradition treaty. Who knows again when you have this kind of opaqueness in a serious situation. It's pretty clear to me what's going on if anybody in my family or anybody who a friend said. Should i do business with a company that the new york attorney general has banned from new york. That's under doj investigation. That will not answer questions. That will not just you. What's going on in their. Ceo and cfo are mia fresh. Shy on the lam. Who knows what the accurate description here is. I'd say absolutely not. And so. I think that's what's at work here and we didn't see at any time during that. Cnbc interview last week that we talked about them. Say we're under doj investigation. They said that they were the leaders. Transparency and so this is just more fuel to the fire. It's hard to be charitable at this point with a group of people who are attacking anybody who has a reasonable question. Which is the sign of a fraud. By the way when you have a fraud on your hands the foul the people involved in the fraud. Either go missing which we have two of the four are missing in action or they attack the messenger. And they say they're spreading fear uncertainty in doubt so if bloomberg's reports are accurate. The doj is not looking into this market manipulation but the banking history. Or maybe they go after the banking history and then they go over the next two or three things and then they find out there's market manipulation after they figure out what happened with this bank manipulation so tether responded with a statement on their website the website went down actually So you're crypto currency. You can't keep your website up. I'm not sure if should be running a stable clean but let's put that aside. Here's a quote. I mean in. These folks are just poor writers and terrible communicators today. Comma bloomberg published an article based on unnamed sources and years old allegations patently designed to generate clicks. Okay so they're saying bloomberg's which is a money. Printing machine that makes money from subscriptions to terminals is only attacking poor tether because they need extra clicks bloomberg does not need extra clicks newsflash. They charge like five or ten grand a month for those crazy terminals. Their headquarters is filled with bouillon diamonds and money sloshing all over the place. They don't need the clicks continuing the quote from the tether team. This article follows a pattern of repackaging style. Claims has and then in quotes news. Okay so number one. Yeah there unnamed sources that is an issue. Yeah okay years. Old allegations okay. Opened investigations tend to take years. And we don't think it's designed to get clicks. I mean no more. So than any other article. It's kind of attacking the messenger technique and then follows a pattern of repackaging style claims as news. So now they're saying that bloomberg is not a good judge of what's news and what's not. I don't know if anybody buys that. I'll be totally honest. Say the same thing about the financial times or jim cramer or any number of people. Who've covered this issue the continued efforts according again to discredit tether will not change our determination to remain leaders in the community. So that's the indignation. We are the good guys and we're going to ride this out but you know that that is just terrible. Pr right there in..

china Attorney general jim doj Cnbc new york cnbc bloomberg zillow Cramer Doj Comma bloomberg jim cramer
"doj bank" Discussed on This Week in Startups

This Week in Startups

03:58 min | 11 months ago

"doj bank" Discussed on This Week in Startups

"Wd dot com slash twist alright tether executives are reportedly facing a department of justice criminal probe for bank fraud according to bloomberg a story published today claims at the department of justice is probing rather on whether it's executives committed. Bank fraud is you now doing the twitter investigation here on the podcast for the past couple of weeks maybe even months now and slowly but surely were figuring out how this stable coin aucoin crypto currency. That's backed reportedly dollar for dollar with the us dollar and we found out that they no longer do that. They've got a collection of assets Well this is a separate issue. It seems than their holdings and this is on top of their top two executives. Being mia and the two Two other executives who are very vocal on twitter their general counsel and their cto being on cnbc last week and never mentioning anything about this so this is typically what happens in the case of a fraud or people who were playing fast and loose with regulations. We don't know what this is at the very least. It seems like they're Loosey-goosey with regulations here obviously the new york attorney general had sanctioned previously and come to a settlement with tether because they lied about being one for one peg to the dollar. They keep brushing that off but bloomberg published an article today which claim that the department of justice is in fact probing. Tether a weather it's executives committed bank fraud and it looks like someone at the doj leaked information to bloomberg which cited three unnamed sources familiar with the matter now again unnamed sources but. There's three of them and there has been all this smoke around tether and there's in fact been fire with the new york attorney general banning tether from working with new york residents so there is actually a fire here in the question is how big is the fire. There's a ton of smoke and all of the different journalistic Entities out there with any kind of investigative group or sources are starting to ping people. That's typically what happens in these kind of cases that happened with our nose with the wall street journal and other sources and these kind of things with made off. They go from being on the fringe to becoming mainstream. And we'll see if this ends like there are no or made off or if they just put it behind them in. It's a speeding ticket. Doesn't feel like a speeding ticket to me. At this point it feels like something a little more serious. Perhaps with the risk of ruin. We'll get into that. But according to the article federal prosecutors are not going after tether for any recent crimes. Okay so this is something historical. According to the article the doj is reportedly. This is a quote focused on conduct. That occurred years ago when tether was in its more nascent stages specifically federal prosecutors are scrutinizing weather tether concealed from banks that transactions were linked to crypto. This seems like something they would do. I'll be totally honest. And many crypto exchanges people who are trying to get their money into the crypto economy needed on ramp. What's the on ramp. typically. It's wiring money from your bank. And then buying crypto or i guess you could send a check or ach somehow getting your money into this. Casino is the issue now banks who are very very particular about who they do business with your in the united states because of kyc know your customer anti money laundering statutes and regulations. These things are very cute. They come with the risk of ruin banks can be shut down for not following these and and in fact people can go to jail for money laundering obviously and not knowing where their customers are so specifically federal prosecutors are scrutinizing again. This is the quote whether tether concealed from banks that transactions were linked to crypto. Here's the quote. The current focus on bank for it suggests. Prosecutors may have moved on from pursuing a case tied to market manipulation. So there's also been this theory that the printing of tethers was occurring. It may be out of sync with reality in some way..

department of justice bloomberg twitter new york cnbc mia the wall street journal united states kyc Casino
"doj bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:06 min | 2 years ago

"doj bank" Discussed on Bloomberg Radio New York

"Solly in Singapore. We check the markets every 15 minutes here on Bloomberg. Daybreak, Asia was seeing a little bit of weakness in the early morning decision in Asia. The embassy Asia Pacific index down around 2/10 of 1% with healthcare and Industrials lagging, you sing flat Pick up in some of the real estate and consumer discretionary stocks. South Korea is out of action for a public holiday today, most of the positive Momentum is coming through in the New Zealand market. We've heard New Zealand is delaying its election by four weeks to deal with the Corona virus impact and that look down in Oakland. The incidents 50 up by 1.3% and Taiwan's TAIEX also doing quite well. But elsewhere. You're seeing weakness in some of the other. Bigger markets like the 6 200 down 3/4 of 1% and Japan's Nikkei 2 to 5 is down 3/4 of 1% at 23,120 points. Japan's economy, suffering a record contraction in the second quarter due to the state of emergency and lockdowns in now the major export markets, which really hammed consumer spending, production and exports on an annualized basis, second quarter GDP falling by 27.8% worse than the expected 26.9% decline. This is the worst in records going back to 1955 during the global financial crosses, GDP shrank. By around 18% will sustain China City one reference rate today at 6.9362 against the US dollar, which is pretty much where you're seeing the offshore currency trade at the moment, just slightly stronger against the greenback. Ozzy also stronger at 71 87 cents and having a look a commodities a little bit of a tick down in the gold price. $1934 an ounce. Brent crude is high and $42.23. Let's get it over to Ed Baxter in San Francisco for global news, Alright. Thank you very much. Julia in New Zealand Prime minister send our turn has delayed the election for four weeks to October 17 she says. After careful consultation with all party leaders, Taiwan has formally signed an agreement by 66 of the latest F 16 jets built by Lockheed Martin. Partial restoration of diplomatic ties between the U A e and Israel established. Israel drops annexation of West Bank plan House Speaker Nancy Pelosi is called the House back in the session to work on problems related to the postal Service and mail in voting. They want to get some legislation that would stop the commissioner from making major changes. In the service leading up to the election actually beyond into January for Inauguration Day Democratic virtual convention begins tomorrow in the US that runs through Thursday. Trump administration backs off the president's Birther conspiracy theory regarding Kamala Harris and Victoria has extended its state of emergency. As the death toll from Cova, 19 has surpassed 300 South Korean officials warning of potential virus flare up in a soul church in San Francisco. I met Baxter, This is limber Juliet. Thank you. And let's get back to Rajiv D'Mello, chair of the development, immediate mass from joining us from Singapore. We've been talking about some of your conviction calls, but the main focus here really remains. When do we see a vaccine? How do we see a vaccine roll out? With all of that in mind when it actually occurs. What sort of moves to we see here in bond yields and I notice is well that you're seeing a little bit of Ah, suppose you're in a negative position when it comes to the Dola. Bye, kids absolutely critical. We need to see some really good results coming out them. The candidate vaccines right now in the face three trials, which means large scale testing, so we could get some results by the end of the year. If things going real well, so that that's definitely a positive. Ofcourse, the rollout will be probably focused on healthcare workers. First broader role out will take longer into inter next year. But for markets that will definitely be positive effect. Now in terms of bond deals, Bondi of have very low And that's because central banks keeping policy very competitive on Dell's line back a lot of bonds as well. Yet we have seen the long and you'll start to creep up a bit. A CZ. The economic data is improved slightly on I mean, it's improving slightly on the year you're on your basis. But actually, what one sees is that on a month on month basis Come on, Reed is quite shop. But nobody is expecting a strong economy by all means, but it's definitely much less worse than it wasa Bania do have some room to grow up, and it's plenty supply companies have been assuring government issuing a lot on that'll put pressure on the longer end ofthe money of driving them slightly higher. On $2. We are negative on the dollar is a lot of things, which was put in a dollar over last couple of years, which unwinding somewhat examples such as the interest rate differentials. US field was significantly higher than yield in other countries. On that's coming down. Now that the Fed has cut rate is very competitive right now, where is the TV and the DOJ bank haven't really had any room to cut rates very much. They have me put in place using policy. But not to the extent that the U. S. Has the U. S. Has a couple of other worries such as elections, a cz well as changing the feds framework to keeping rates lower for even longer with increasing putting up a bit that scares us from the dollar. So, Rajiv, you're you're basically positive Here. It seems you've got on your conviction call list, even even some of the most troubled troubled areas like travel industry and hospitality and such If you do go with some pics in those areas. How long do you think you have to wait? When do we see some response from those stocks? Well for the photos really badly affected the ones you just mentioned. Travel industry, hotels, restaurants change there. We need to see some signs that the vaccine is coming on board. I think I'm positive because while we've seen infection, we'd go up..

US New Zealand Rajiv D'Mello Taiwan Asia Singapore Ed Baxter San Francisco Japan Israel South Korea Asia Pacific Solly Bloomberg Oakland Dola Brent crude Kamala Harris
"doj bank" Discussed on 600 WREC

600 WREC

14:35 min | 2 years ago

"doj bank" Discussed on 600 WREC

"FM so Peter you're just talking about an aspect of starry wisdom which the caller had highlighted about introducing what a computer virus into DNA yeah it's a it's called bio hacking it's an actual thing as a couple of years ago was in twenty seventeen I believe university of Washington students were able to do this they took to a gene sequencing machine which are getting really inexpensive these days are getting more and more accessible to more more people like crisper it technology as well really which is like gene splicing equipment a kind of a gene editing equipment let's say and they were able to assemble a mall where a computer virus program it into a DNA molecule so when the gene sequencer at a target institution would read the DNA molecule the code would assemble itself in that computer then I **** with the reading and then create a computer virus it was benign but they did it this is proof that it could be done so because the genetic code is basically a digital code and I write about that a lot and and some of my other books but also in starry wisdom I go into detail about this as well and I'd like to say I I basically foot on everything but in the novels I tried not to footnote two months that would kind of break up the flow everything that I talk about from that perspective is is based on you know it's based on research is based on fact so this this thing happened in the university of Washington I remember that now in twenty seventeen and they were able to at some conference table to to show how they did it so this is part of the problem that we face now because the equipment is becoming really inexpensive high schools have this equipment in very short time in a couple of years you're gonna find gene sequencing and crisper technology everywhere and see the implications for that are enormous yes in my high school is worried about kids making smoke bombs in science class that's going to sound kind of cute and quaint exactly wildcard waltz is in Allentown on coast to coast wall Dr bonded please forgive me as you know I also call last evening so I beg your forgiveness you're you're not the only one so ever I think so go ahead yep you had a question why not I agree with you that the role of stems from apathy to a certain degree but also from ignorance not even if I may be a little irreverent and saying what I'm going to say is in my opinion our so called the holy Bible and our holy Karan orange evil as mine com now if I can briefly a good explain myself mind confidence was settlers diatribe declaring that stuff if you know the the blonde blue eyed Arian race was the so called match the race but the whole theme of the your off of the Old Testament is that the Jews are the quote unquote chosen people about it I I if I may say so I'm going to my may sound a little red rimmed laws the Jews are the chosen people does that make the rest of us chopped liver I think you're missing the point of that though it's not just Jewish people the argument about chosen was that there may have been other other hominids at that time but that our legacy our spiritual legacy our our our connection to a divine comes through the the garden story so that there was a group that was chosen to succeed while these other groups failed and so by that we're not talking about religions we're talking about like the adder tall or some of the other hominids that might have existed at one time but let's go ahead and get Peter on that Peter yes or no did the chosen people think in the mist misinterpreted you know a lot and I don't think that it it's really intended to mean that the the Jews are a superior race in the way that Hitler meant the Aryans the so called Aryans were a superior race I don't think it's the same thing I mean the way I heard it described when I was very young with a very the Jews were chosen to receive the word of god right now but it did make them once they receive that they gave it to everyone it wasn't a question of you know the Jews themselves being a special rates are set apart from everyone else but if you could misinterpret the Old Testament that way I mean since you sure can all kinds of different ways and and mistranslated as well so I think we're in Forney territory there well it's it's at least a broader conflict this is what I'm trying to say sure right it's a broader conversation then something reduced to just that so that's what makes it thorny it's like well that's that's a fair start but that's not what we're gonna finish but we don't have time to finish that so we'll go first time caller line with Robert in Altoona Robert hi how are you doing Brian good you're you're talking with Peter live under okay I I'll make this there I have just a couple quick comments thanks for taking my call actually the first time I ever got on the air glad to have you got bless you zero yeah I think Walt did the Bible more in this game you must understand the end user hard on that but if for evil also one comment I have is it was once very wisely said because we are a fallen and perfect great and I can't remember who said that it's driving me crazy but it was I think was a writer and he said there is no evil of what use single human heart is not capable yeah everybody has a dark side the other comment I and I'll take my response is off the air is are you familiar with the nineteen fifty six movie forbidden planet sure yeah at my all time favorite movie and I'll tell you why it it it makes of it most people don't get the point of that movie because what's the problem one of them point of it it takes place in the future and Walter Pidgeon played main character Dr Maura the they find a machine made by an alien race thank and the machine will perfect your intelligence even though he was intelligence was perfect what happened he still had that dark side and the machine actually gain physical form through his dark side that's why the monster recalled it I had actually separated it from his mocking he would follow in the like a slate when someone angered him even if some colleges they only showed that is one part in the movie when it's hot in the federal nectar defense field because it's been visible sure very stable don't get the point the dark side of doctor Morbius is full of mine that's right how old he is fair enough well I'm sure a lot of people will the priest that addition and next time they see it they will see it for more than just the the birth of Robby the robot I believe too right east of the Rockies Joe is in Long Island on coast to coast AM Joe one you know in the seventies your around these people which is say this may be one set that up for you as a non participation are they going to direct higher to achieve not participating and then with movies such as game of thrones are right those people are sentenced a walking all of the people but they don't seem to identify the players like aerial stand ten year old girl I believe that was the characters that the guy you know they would ever anticipate someone like that doing that so so they seem to miscalculate within their sinister and assistant who might do what and what time and the thing at the end it was at the very end of that movie was interesting for us the they couldn't get out the helicopters you know then work and then the electricity went off and now the the weather it's going to hundred below an age of you know have that face off and they're just looking at each other and you know the ending is not gonna be that either one of them banks Peter yeah I guess I'm trying to figure out what I should respond to in that it's okay we've got some other people who are hanging on being around being around with but one thing I can respond as being around those people that and not joining any of these groups of these organizations they knew of from the get go that I I wasn't going to write but I was around constantly so they just got used to me and you know we have very good intelligent conversations and all of that so there was not a question of you know them hello holding themselves aloof from me or me holding myself loose from them I hung out with all of these people are just simply didn't join their organizations and they didn't seem to hold that against me Mike is in Virginia beach on coast to coast AM for Peter live and Mike thank you very much Peter you talked about your time as you can you're going to a bookstore in New York where all the which is an occultist and hung out and you said that the shore AT ball all the definite G. wall that appeared was shuttle on that ledge on knowledgeable Jesus Christ himself said that men love darkness rather than light because their deeds are evil now tonight I heard of a best selling author determines the slider on CNN describe exactly where the money came from that brought to your door row hotel and Country Club that the trunk was determined to have beer G. O. twenty some of that not sure your hair appeared does he want gonna hold it there anymore now here is what determines the slider said he said not only did the money to buy that comes from the DOJ bank which was the only bank that would lend him money yeah that happened to be but Deutch bank that has been laundering money problems just pushes or any government illegal ways we know where the evil live it is hiding from the life of Jenna three Schneider okay not the question that appears on my screen that you're going to ask so we'll just leave that there for now and go to Melinda I'm a first time caller line in Sedona on coast to coast AM Melinda are hi there yeah on I'm kind of nervous I have actually been in touch with one of these alien non human entity and I don't think that they're evil per se not on I think that on what it is is that they're so different from us that we can't describe you know good and evil to them only if if children alien mentality all and I think that may be body is fighting evil for them we don't know what good and evil are ultimately because if you if you assume that on like we have different lives and we're learning in our different lives that you know maybe something that looks evil in the flight that's helping our growth ultimately okay as interested Peter thought yes I mean that's that's one way which does two aspects what you said one was you know having an experience of of an alien entity the idea is that to ascribe good or evil to add to it whatever it is would be the work will be false would be non productive because we're just not on the same page is what I've been saying you know this since the beginning of our of our discussion we just don't we don't have definitions ourselves for for good and evil were still struggling with the concept of evil we may know when evil happens we may look at something and say that was evil right there but to really to understand it to to give it a shape in a form and to predict it which is what you know scientists would have to do right have to be a repeatable experiment that would have to think that is always evil we have a hard time with that and we're still struggling with it which is why I'm I'm saying we should maybe slow down on the A. I. for free gene splicing we're doing to get a handle on it but of course that would mean we won't but you can see exactly what we never have wildcard line.

"doj bank" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

13:19 min | 2 years ago

"doj bank" Discussed on Newsradio 1200 WOAI

"You're just talking about an aspect of starry wisdom which the caller had highlighted about introducing what a computer virus into DNA yeah it's a it's called bio hacking it's an actual thing has a couple of years ago was in twenty seventeen I believe university of Washington students were able to do this they took judging sequencing machines which are getting really inexpensive these days are getting more and more accessible to more more people Lancaster it technology as well really which is like gene splicing equipment cut gene editing equipment let's say and they were able to assemble a mall where a computer virus a program it into a DNA molecule so when the gene sequencer at a target institution would read the DNA molecule the code would assemble itself in that computer then it's going to be reading an entry to computer virus it was benign but they did it just to prove that it could be done so because the genetic code is basically a digital code and I write about that a lot in some of my other books but also in starry wisdom I go into detail about this as well and like to say I I basically foot on everything but in all of the trade how to footnote two months that would kind of break up the flow but everything that I talk about from that perspective is is based on you know it's based on research is based on fact so this this thing happened in university wash and I remember that now in twenty seventeen and they were able to at some conference we will have to show how they did it so this is part of the problem that we face now because the equipment is becoming really inexpensive high schools have this equipment in very short time in a couple of years you're gonna find gene sequencing and crisper technology everywhere and see the implications for that are enormous yes my high school is worried about kids making smoke bombs in science class that's going to sound kind of cute and quaint exactly wildcard Walt is in Allentown on coast to coast wall Dr bonded please forgive me as you know I also call last evening so I beg your forgiveness you're you're not the only one to ever I think so go ahead yep you got a question why not I agree with you that evil of stems from apathy to a certain degree but also from ignorance not even if I may be a little irreverent and saying what I'm going to say is in my opinion our so called holy Bible and our holy Karan orange he will and mind calm now if I can briefly a good explain myself my confidence was settlers died tried declaring that the you know the the blonde blue eyed Arian race was the so called match the race but in the whole scheme of the of the Torah of the Old Testament is that the Jews are the quote unquote chosen people about it I I if I may say so I'm going to my may sound a little red ring while at the Jews are the chosen people does that make the rest of us chopped liver I think you're missing the point of that though it's not just Jewish people the argument about chosen was that there may have been other other hominids at the time but that our legacy our spiritual legacy our our our connection to a divine comes through the the garden story so that there was a group that was chosen to succeed while these other groups failed and so by that we're not talking about religions we're talking about like the other tall or some of the other hominids that might have existed at one time but let's go ahead and get Peter on that Peter yes or no did the chosen people think in the mist misinterpreted you know a a lot and I don't think that it it's really intended to mean that the the Jews are a superior race in the way that Hitler meant the Aryans the so called Aryans were a superior race I don't think it's the same thing I mean the way I heard it described when I was very young with the fate of the Jews were chosen to receive the word of god right now but it did make them once they receive that they've given to everyone it wasn't a question of you know the Jews themselves being a special rates are set apart from everyone else but if you could misinterpret the Old Testament that way I mean since you sure can all kinds of different ways and and mistranslated as well so I think we're in for any territory there well it's it's at least a broader like on my comp I guess is what I'm trying to say it's a broader conversation then something reduced to just that so that's what makes it thorny it's like well that's that's a fair start but that's not what we're gonna finish but we don't have time to finish that so we'll go first time caller line with Robert in Altoona Robert hi how are you doing Brian could you talk with Peter live under okay I I'll make it fair I have just a couple quick comments thanks for taking my call actually the first time I ever got on the air glad to have you got bless you zero yeah I think Walt did even read the Bible more here's ABC misunderstand the abuse part in that but if for evil okay one comment I have is it was once very wisely said because we are a fallen in perfect great I can't remember who said that drive me crazy but it was I think was a writer and he said there is no evil of what you're single human heart is not capable yeah everybody has a dark side the other comment I and I'll take my response is off the air is are you familiar with the nineteen fifty six movie forbidden planet yeah my all time favorite movie how tell you why it makes of it most people don't get the point of that movie because what's the what was the point of it it takes place in the future and Walter Pidgeon played the main character Dr Maura the they find a machine made by an alien race thank and the machine will perfect your intelligence even though he wished for for his intelligence was perfected what happened he still had that dark side and the machine actually gain physical form through his dark side that's why the monster recalled it I had actually separated it from his mocking he would follow in there like a slate one following angered him even if some colleges they only show that is one part in the movie when it's hot in the federal sector defense field because it is invisible sure right people don't get the point in the dark side of doctor Morbius is whole mind that's how old he is fair enough well I'm sure a lot of people will the priest that addition and next time they see it they will see it for more than just the the birth of Robby the robot I believe too right east of the Rockies Joe is in Long Island on coast to coast AM Joe one you know in the seventies your around these people which is say this may be one thing that I thought he was a non participation are they going to direct from higher towards you but not participating and then with movies such as game of thrones are right this people are sentenced a walking all of the people but they don't seem to identify the players like aerial stand ten year old girl I believe that was a character stabbed the guy you know they would never anticipate someone like that doing that so so they seem to miscalculate within their sinister and assistant who might do what and what are and the thing at the end it was at the very end of that movie was interesting for us the they couldn't get out the helicopters you know then work and then the electricity went off and now the the weather it's going to hundred below an age of you know have that face off in a just looking at each other and you know the ending is not gonna be that either one of them makes so Peter yeah I guess I'm trying to figure out what I should respond to in that it's okay we've got some of the people who are hanging on being around being around with but one thing I can respond as being around those people that and not joining the any of these groups for these organizations they know of from the get go that I I wasn't going to write but I was around constantly so they just got used to me and you know we have very good intelligent conversations and all of that so that that was not a question of you know them hello holding themselves aloof from me or me holding myself Lou from them I hung out with all of these people are just simply didn't join their organizations and they didn't seem to hold that against me Mike is in Virginia beach on coast to coast AM for Peter live and Mike thank you very much Peter you talked about your time as you can you're going to a bookstore in New York where all the which is an occultist and hung out and you said that the Chaudhry wall all the definite eve wall that appeared once you have someone that much farm normal Jesus Christ himself said that men love darkness rather than light because their deeds are evil now tonight I heard bestselling authors journalists the slider on CNN describe exactly where the money came from that brought to your door row hotel and Country Club that the truck was determined to have be a G. R. twenty some of that not sure your hair appeared goes to find the one going to hold it there anymore now here is what determines the slider said he said not only did the money to buy that come from the DOJ bank which was really only bank that would lend him money now there has been debate but Deutsche Bank that has been laundering money problems just pushes Lauren government illegal ways we know where the evil live it is hiding from the light I'm Jenna three Schneider okay not the question that appears on my screen that you're going to ask so we'll just leave that there for now and go to Melinda I'm a first time caller line in Sedona on coast to coast AM Melinda are hi there yeah on home kind of nervous I have actually been in touch with one of these alien non human entity and I don't think that they're evil per se not on I think that on what it is is that they're so different from us that we can't describe you know good and evil show them only if if children alien mentality on and I think that maybe by describing evil to them we don't know what good and evil are ultimately because if you if you assume that on like you we have different lives and we're learning in our different lives that you know maybe something that looks evil in the flight of helping our growth ultimately what is interesting Peter thought yes I mean that's that's one way that which does two aspects what she said one was you know having an experience of of an alien entity the idea is that to ascribe good or evil to add to it whatever it is would be the false would be non productive because we're just not on the same page is what I've been saying you know since the beginning of our of our discussion we just don't we don't have definitions ourselves for for good and evil were still struggling with the concept of evil we may know when evil happens we may look at something and say that was evil right there but to really to understand it to to give it a shape in a form and to predict it which is what you know scientists would have to do right have to be a repeatable experiment that would have to think that is always evil we have a hard time with that and we're still struggling with it which is why I'm I'm saying we should maybe slow down on the A. I..

"doj bank" Discussed on KCRW

KCRW

04:04 min | 3 years ago

"doj bank" Discussed on KCRW

"Loans over the years dating back far before he was president congressional investigators have asked Deutsche Bank to turn over the president's carefully guarded financial records, but his lawyers have filed suit to block the subpoenas. NPR's lucian. Kim has the backstory from Berlin. President Trump doesn't like to reveal the details of how he does business. But when he was still on the campaign trail he gave a little bit away. It's called opium. I do that all the time invisible other people's money. There's nothing like doing things with other people's money because it takes the risk a lot of that OPM came from Deutsche Bank, which kept lending Trump money, even after he defaulted on a loan, even after he sued the Bank, claiming it was responsible for his failure to pay his debts. It might seem like bath. Alling behavior for such a venerable institution. Dutch Bank was founded in Berlin. In eighteen seventy. I've come to its former headquarters, which were housed here in a complex of massive stone buildings symbolized, solidity, and the proximity to power after World War Two, the Bank relocated to Frankfurt in west Germany in the nineteen nineties, the Bank started taking on evermore risk as it went logo. There was nothing solid, nothing professional about that Bank. That's Dirk loves author of bad Bank. The rise and fall of Deutsche Bank lending to Donald Trump was only one of many questionable moves Deutsche Bank bought up mortgage backed securities was dangerously exposed when the global financial crisis hit in two thousand eight this still comes as a shortfall of Germans, I think it's hard to understand for people brought how big this Bank was and how important it was for the mindset. It's like Mercedes full costs. That's such a Bank is for, you know, finance business in Germany, but Dirk lob says this image of a bastion of financial prudence didn't reflect. The changes taking place on paper, the head, quote of budget banks Frankford. But in the mid nineties, the Paula really shifted to London and New York. That's when Dutch banks started aggressively competing with Wall Street banks, that was also when American banks, which had been burned by Trump's defaults on casino loans stopped lending to him German journalist Ingo twosies says Dutch banks doing business with Trump as a price of getting into the game Bank wasn't Bouches be Bank that had to deal with B Klein's. And in that time Donald Trump and shebang needed one another. So it was kind of a symbiotic relationship this month. Trump tweeted, it was fake news at banks wouldn't lend to him. He said he didn't need the money. But don't you Bank did take risks that more established Wall Street players, wouldn't Drik lobs says the banks leadership in Frankfurt had lost control the investment bankers, in London in the York, wouldn't we listen to the? The bosses and framework. That's why it was British and American regulators who stepped in since two thousand three they've ordered Deutsche Bank to pay penalties for selling toxic mortgages, manipulating interest rates, and laundering ten billion dollars of Russian money has promised to clean up its act with better internal controls and reduced exposure to derivatives. In a statement to NPR DOJ Bank, spokeswoman said, the Bank has increased its anti-financial crime, staff and enhanced controls and takes compliance with anti money, laundering laws, very seriously, but yard Schick, a former German lawmaker who now campaigns against financial crime, says Donncha lacks a clear strategy defy buses someday super. He says it's business model for the future is still open that perhaps it should said a more modest goal of just being a big European Bank author, Dirk lob says, it's too late for reform, the reputation of dodge van is damaged for good Germany in November dozens of German law. Forcement officers, raided the bank's Frankfurt headquarters in a money laundering probe last week as the Bank held its annual shareholders meeting stock price hidden, all time low, if dodge Bank turns over records of its dealings with Donald Trump. There may be more.

Deutsche Bank President Trump dodge Bank European Bank Dirk lob Frankfurt Bouches be Bank Berlin NPR west Germany president Kim opium London Paula New York Frankford Donncha
"doj bank" Discussed on WJR 760

WJR 760

06:30 min | 3 years ago

"doj bank" Discussed on WJR 760

"House, you know, she and Chuck Schumer have been lecturing, the president about proper decorum in the dignity of the office and something that he sometimes does stray away from. And I always pleased when he does, but he is who he is. And he does business the way he does. But see, if you don't agree that her soft indignities are just as bad listened. The this sound bite when she talks about. Well, perhaps, the president really doesn't want the job anymore. We're not saying the president said, if you don't, if you don't stop investigating me, if you don't stop honoring your oath of office. I can't work with you. That's basically what he's saying, maybe wants to take a leave of absence. I don't know. Maybe he wants to take a leave of absence. Is that dignified really that kind of it's not even speculation? It's just insulting your thoughts on this. Is it possible that maybe the president is getting her into moving forward with impeachment because he knows that they're not going to get anything done anyway? And that would be a very, politically perilous road for the Democrats to travel. It's Chuck who's in Ohio this afternoon. Chuck it after noon. Yes. How you doing? I'm excellent few questions and this way, you can either bring it out to you, or your audience when somebody is taking the oath of office, and government, and instead of going on constitutional grounds of the bible, and they actually go on the Koran is that a possibility that if they are either impeached, or brought up on for education. Of wrongdoing, that you cannot prosecute her because she didn't go to your office on the constitution. And in the bible, where she she does an oath of office of the Koran so you can't indictor what I'm looking at. Who are you referring to Chuck, I'm not sure what the relevance is to the conversation here. Helped me out. Well, the it's it's apprising that we have to people that are in government. Now took the oath of office on the Koran. All right. Okay. And I don't think there's anything in the constitution that demands what holy book, you your lay your hand on. But okay, so you raise the argument what what does that have to do with speaker, Pelosi's craziness today? Well Pelosi is far as what goes on. What happened to? And, and the time when Fannie Mae and Freddie MAC, took about all the money that was given out. And then they had, it's called the movie was the big short right, where everybody turned around and lost all the money. But the people were actually, the ones putting the Bill where Nancy Pelosi looks at now and she's trying to find impeachment but they don't know how much stuff is, is actually brought up on Hillary Clinton or Bill Clinton, because all these people that are that are involved here. Why don't you look up the Fabian society and George Bernard Shaw, okay? We're a little far afield. They're chuck. But I'll I'll try to work that in. All right. I thank you for your call. Let's go to Jerry in Toledo as we discussed. Let's get a little bit back on track. You're the speaker of the house, and her admonishment of the president today. She's running with a football after she was after the meltdown yesterday saying that actually, the reason this is happening is because the president wants impeachment that he's angry with her because he's she's holding back the tide. Upper most liberal members of our caucus and won't let them go for impeachment. We lost Jerry there. But jury callback. We'll try to get you back in the mix. Let's go to Dave in Detroit. Hello, sir. I believe that Trump in this campus misreading the impeachment benefit using the Clinton example, and they should be looking at the Nixon parallels, much closer, set the his peril, then does the Clinton case? Do you think I mean, are you agreeing with, with the, the speaker here, or is it possible, that, that she makes reasonable point the speakers are just waiting for all the damning evidence? The complete they wanted a couple of court appeals subpoenas. Apparently Muller Muller tonight, apparently get into the details financial transactions with the banks, which we we might thought he did. Yeah. I think the George Bank did Deutsche Bank documents that was prepping on some other stuff. But the DOJ Bank documents go to the house. Investigators today to I don't know if that was. As well. I think as well to, to them. I don't know. Deutsch was one of the okay. Here's the nine Bank, then that nine or seven banks. But they've got some of his stuff now. Yeah. Muller muller. Also, his exoneration on the conspiracy gets three sack you they use was gets the fact that did they have enough evidence where you could go to our jury of twelve and get all twelve beyond a reasonable doubt. He had tons of evidence that there was suggesting there were people lying about stuff, which, which is, which is a valid of, of, of guilt in part of evidence, not enough to take to a regular criminal jury, twelve so I think they the house will will will try to before they introduced the impeachment. Well, let the let us other stuff come rolling out, and then I, then there's a piece that will not work for Trump like it did for Clinton. We will we will see either way, the, the public loses voters lose citizens lose because this is a horrible distraction and work isn't getting done. We need that infrastructure Bill. We need the US MCA to be ratified. We need them. We need. We need a spending Bill. We need a budget Bill. They, they need to sit the new budget ceiling. It's all important, and it ain't happening as long as they're in this giant urinating match over this David thank you for your call. We will continue taking your calls at one eight hundred eight five nine zero nine five seven short break little traffic and weather back to your calls after this. If you're on the road now there's a pretty good.

Chuck Schumer president Muller Muller Nancy Pelosi Hillary Clinton Trump Bill Clinton George Bernard Shaw Clinton US Jerry Fannie Mae George Bank Ohio DOJ Detroit football Deutsche Bank
"doj bank" Discussed on Trump, Inc.

Trump, Inc.

11:54 min | 3 years ago

"doj bank" Discussed on Trump, Inc.

"Ladies and gentleman. Very welcome in January, the head of Japan Christian seven did an interview with the Houston business editor at the German newspaper did site. The two were speaking at a reception at the World Economic Forum in Davos, Switzerland. You wanted to become a journalist of all profuse Heusen, the newspaper, man, asking the banker if you were a journalist, how would you report on Deutsche Bank today? So in a nutshell what you, right? The Deutsches CEO is taken aback. He fumbles for a moment. I would say Deutsche Bank is the most significant self-help story, the financial industry. That's how the detailed editor doesn't really want to talk about self help sometimes with Dutch makes the case that just it seems to get better. There is another problem like in, in November when things really looked up and then all of a sudden stated Tony's came in search dodger Bank headquarters under the suspicion that Dutch was involved in in Monday, laundering activities. What was your first thought? In a nutshell. A few months earlier, the German police had raided the bank's Frankfurt headquarters. No. Of course at that point in time. It's it's disappointing not disappointing. You know, personally for me, but being subject to investigations and regulatory actions has become the new normal for Bank in recent years. The Bank has been fine billions of dollars for lax controls on everything from laundering Russian money to violating sanctions against Iran, Libya. And Sudan, somehow you life is tainted by pest how with the constant uncertainty that something is light pop up. You know, I think that makes live really interesting, right? I mean. That's life has become very interesting for deutchebanks. In a recent portfolio congress reveal that has been asking for detailed records of frump family business interactions with Deutsche Bank in the file in congress said straight out, it's investigating the relationship for possible money laundering, illicit financial deals fraud and foreign influence in the two thousand sixteen elections. By its own admission. Deutsche Bank has a history of serious compliance. Deficiencies when it comes to global money laundering in the very recent past. Now comes a new revelation from the New York Times deutchebanks own anti money laundering experts flagged multiple suspicious transactions, they were as recent as twenty sixteen and twenty seventeen and involved Trump's business and the one formerly run by his son in law, Jared Kushner among the transactions one, we're money had moved from Kushner companies to Russian individuals. The times wrote that deutchebanks money laundering experts were so concerned they wanted to report these transactions to the US treasury, but supervisors refused to do so. Carrie McCue, deutchebanks spokeswoman said in a statement alert dispositions by investigators undergo a higher level review by qualified staff. Transaction monitoring castle wide net and not all alerts will result in esscalation. She added we take responsibility for compliance very seriously. And that the Bank has increased our anti financial crime, staff and enhanced its controls in recent years. A spokesperson for the Trump organization emailed, the statement, this story is absolute nonsense. We have no knowledge of any flagged transactions with Deutsche Bank. In fact, we have no operating accounts with Deutsche Bank, we sent questions to the Kushner companies, the White House Trump's private banker and lawyers for the Trump's in Jared Kushner, the White House did not have comment. The others didn't respond. Meanwhile, the investigations pile up those Pena's were sent a multiple financial institutions including Georgia Bank, the house, intelligence and financial services committees are hoping to get information on loans. The German Bank gave a to the Trump and Trump organization and vicious presidential harassment. This is all these people do ever Trump earlier today and FOX and friends calling it harassment is the Trump family and the organization, sue deutchebanks and Capital, One two blocks of Pena's. So we've issued subpoenas into your Bank, and we are collecting a lot of the documents that we had requested. And we are reviewing I can only tell you that the investigation came about as the result of the testimony, Michael going. Hello, and welcome to Trump Inc podcast from WNYC, and propublica that digs deep into the secrets of the Trump family business. I'm Andrea Bernstein today on the show Trump and his family's relationship with Georgia Bank, a Bank with a history of problems. They were laundering money for wealthy Russians and people connected to Putin in the Kremlin in a variety of ways for almost the exact time period that they were doing business with Donald Trump. This is David enrich, the finance editor of the New York Times, and all of that money through DOJ Bank was being channeled through the same exact legal entity in the US that was handling the Donald Trump relationship in the us. And so there are a lot of coincidences here. There's a lot of smoke. I have not found any fire, but unfortunately, I do not possess subpoena power. We're going to walk you through all that smoke. Trump Inc, is an open investigation. So we're just going to say wait now. We're still not sure what this all adds up to. What we do know Trump right now about three hundred and fifty million dollars to your Bank more than he does any other financial institution. And so much is happening regarding the Bank so fast. But we decided to lay out what we've learned by digging into Trump's financial deals with the Bank and why his recent loans, raise so many questions questions raised by congress. The new York Attorney General and the bank's own employees. Let's get to know Deutsche Bank it likes to think of itself as a cousin of other global institutions like J, P Morgan Chase or Citi group, but Deutsches recent history, sets it apart from its competitors after the global financial crisis in two thousand eight Deutsche Bank, like all banks was under financial pressure. At the same time, there was more and more wealth, building in Russia and Russians wanted to get it out of the country. Maybe they earned it illegally. Maybe they were just scared that, if they kept their money in Russia, Vladimir Putin would have it seized banks are supposed to run checks to make sure they're not helping criminals move dirty money, and New York state regulators found deutscher didn't do that between two thousand eleven and two thousand fifteen the Bank improperly and covertly helped usher, ten billion dollars out of Russia and into London and New York and it got caught. We spoke to the woman. Man who did the catching my name is Maria Vullo? And I was the superintendent of financial services from early two thousand sixteen through February one of two thousand nineteen, she oversaw banking, and insurance in New York state, just after Trump was inaugurated Vullo signed a consent order with, which a Bank in it Deutsche acknowledged it had allowed bad actors to achieve improper ends. This consent order addresses the man had serious compliance. Deficiencies that spanned deutchebanks global empire. These flaws allowed a corrupt group of Bank traders offshore entities to improperly and covertly transfer more than ten billion dollars out of Russia by conscripting Deutsche Bank operations in Moscow London and New York to their improper purpose. Deutsche Bank paid over six hundred million dollars in penalties in New York, and in the UK and said it would address its deficiencies. Here's how the corrupts game worked it began in Moscow with an order by a shell company to buy a specific amount of stock, but the buyer, one asked for a particular company stock just the amount. They wanted to spend investigators found some prettiest Pacific emails like this one I have a billion ruble today. Misspelled, by the way ruble. But will you be able to find a security for this size? So then what would happen the same day, which a Bank made up Murchison in Moscow, it would make a sale in London of the same amount of stock the trades. Mirrored each other for that reason, they're called mirror trades, ten billion dollars were moved in this way rubles to pound two dollars, possibly dirty money going in clean money coming out. If you're a Bank, you're supposed to have systems in place to prevent trades like this, because it makes it easy for criminals to wash their money through the. Mancial system. So, yes, there was a supervisor on the Moscow desk, which appeared to have been paid a bribe or some other undisclosed compensation to facilitate the schemes employees complained. They were pushed off. No one did anything even when another bag asked which Bank is something going on here. Deutsche Bank responded, essentially, no, no problems here. Instead, they should have elevated the concerns. Yes, and should have raised a red flag again, and we're looking at issues, like know your customer, looking at who these counterparties are, and who's behind the counterparties, if one was going to actually do the proper KYC process, KYC know your customer, this is key underpinning of the financial system away to keep the money launderers terrorists, and other crooks out, or somebody comes to the Bank, who is this person Deutsche Bank, did not have a central? Is know your customer system and its Moscow office Deutsche Bank, had one person as head of compliance, head of legal and anti money laundering, all at the same time, and you certainly need more than one person who is doing three jobs to actually have an effective compliance system. I mean staffing for compliance is essential. And this was woefully inadequate. New York regulators were not able to track them the actual people behind the ten billion dollars in suspicious transactions. And so a very big question remains. What was the reason behind the because money was exchanged, why we still don't know. There's no evidence, these mirror trade deals, involve Trump were telling you about them because in the words of New York regulators, serious compliance deficiencies at the Bank spanned deutchebanks global empire during the same period. Donald Trump was borrowing hundreds of millions of dollars. And because congress is taking a closer look, according to a legal brief fits investigating. Whether Deutsche Bank is doing enough to stop schemes like mirror trading. The brief says this is important in determining the volume of illicit funds that may have flowed through the Bank and whether any touched the accounts, held there by Mr. Trump his family or business.

Deutsche Bank Bank Donald Trump Trump Trump Inc dodger Bank New York German Bank Moscow Georgia Bank congress DOJ Bank New York Times Jared Kushner US editor Vladimir Putin
It's Been an Interesting Year for Deutsche Bank

Trump, Inc.

11:49 min | 3 years ago

It's Been an Interesting Year for Deutsche Bank

"The head of Japan Christian seven did an interview with the Houston business editor at the German newspaper did site. The two were speaking at a reception at the World Economic Forum in Davos, Switzerland. You wanted to become a journalist of all profuse Heusen, the newspaper, man, asking the banker if you were a journalist, how would you report on Deutsche Bank today? So in a nutshell what you, right? The Deutsches CEO is taken aback. He fumbles for a moment. I would say Deutsche Bank is the most significant self-help story, the financial industry. That's how the detailed editor doesn't really want to talk about self help sometimes with Dutch makes the case that just it seems to get better. There is another problem like in, in November when things really looked up and then all of a sudden stated Tony's came in search dodger Bank headquarters under the suspicion that Dutch was involved in in Monday, laundering activities. What was your first thought? In a nutshell. A few months earlier, the German police had raided the bank's Frankfurt headquarters. No. Of course at that point in time. It's it's disappointing not disappointing. You know, personally for me, but being subject to investigations and regulatory actions has become the new normal for Bank in recent years. The Bank has been fine billions of dollars for lax controls on everything from laundering Russian money to violating sanctions against Iran, Libya. And Sudan, somehow you life is tainted by pest how with the constant uncertainty that something is light pop up. You know, I think that makes live really interesting, right? I mean. That's life has become very interesting for deutchebanks. In a recent portfolio congress reveal that has been asking for detailed records of frump family business interactions with Deutsche Bank in the file in congress said straight out, it's investigating the relationship for possible money laundering, illicit financial deals fraud and foreign influence in the two thousand sixteen elections. By its own admission. Deutsche Bank has a history of serious compliance. Deficiencies when it comes to global money laundering in the very recent past. Now comes a new revelation from the New York Times deutchebanks own anti money laundering experts flagged multiple suspicious transactions, they were as recent as twenty sixteen and twenty seventeen and involved Trump's business and the one formerly run by his son in law, Jared Kushner among the transactions one, we're money had moved from Kushner companies to Russian individuals. The times wrote that deutchebanks money laundering experts were so concerned they wanted to report these transactions to the US treasury, but supervisors refused to do so. Carrie McCue, deutchebanks spokeswoman said in a statement alert dispositions by investigators undergo a higher level review by qualified staff. Transaction monitoring castle wide net and not all alerts will result in esscalation. She added we take responsibility for compliance very seriously. And that the Bank has increased our anti financial crime, staff and enhanced its controls in recent years. A spokesperson for the Trump organization emailed, the statement, this story is absolute nonsense. We have no knowledge of any flagged transactions with Deutsche Bank. In fact, we have no operating accounts with Deutsche Bank, we sent questions to the Kushner companies, the White House Trump's private banker and lawyers for the Trump's in Jared Kushner, the White House did not have comment. The others didn't respond. Meanwhile, the investigations pile up those Pena's were sent a multiple financial institutions including Georgia Bank, the house, intelligence and financial services committees are hoping to get information on loans. The German Bank gave a to the Trump and Trump organization and vicious presidential harassment. This is all these people do ever Trump earlier today and FOX and friends calling it harassment is the Trump family and the organization, sue deutchebanks and Capital, One two blocks of Pena's. So we've issued subpoenas into your Bank, and we are collecting a lot of the documents that we had requested. And we are reviewing I can only tell you that the investigation came about as the result of the testimony, Michael going. Hello, and welcome to Trump Inc podcast from WNYC, and propublica that digs deep into the secrets of the Trump family business. I'm Andrea Bernstein today on the show Trump and his family's relationship with Georgia Bank, a Bank with a history of problems. They were laundering money for wealthy Russians and people connected to Putin in the Kremlin in a variety of ways for almost the exact time period that they were doing business with Donald Trump. This is David enrich, the finance editor of the New York Times, and all of that money through DOJ Bank was being channeled through the same exact legal entity in the US that was handling the Donald Trump relationship in the us. And so there are a lot of coincidences here. There's a lot of smoke. I have not found any fire, but unfortunately, I do not possess subpoena power. We're going to walk you through all that smoke. Trump Inc, is an open investigation. So we're just going to say wait now. We're still not sure what this all adds up to. What we do know Trump right now about three hundred and fifty million dollars to your Bank more than he does any other financial institution. And so much is happening regarding the Bank so fast. But we decided to lay out what we've learned by digging into Trump's financial deals with the Bank and why his recent loans, raise so many questions questions raised by congress. The new York Attorney General and the bank's own employees. Let's get to know Deutsche Bank it likes to think of itself as a cousin of other global institutions like J, P Morgan Chase or Citi group, but Deutsches recent history, sets it apart from its competitors after the global financial crisis in two thousand eight Deutsche Bank, like all banks was under financial pressure. At the same time, there was more and more wealth, building in Russia and Russians wanted to get it out of the country. Maybe they earned it illegally. Maybe they were just scared that, if they kept their money in Russia, Vladimir Putin would have it seized banks are supposed to run checks to make sure they're not helping criminals move dirty money, and New York state regulators found deutscher didn't do that between two thousand eleven and two thousand fifteen the Bank improperly and covertly helped usher, ten billion dollars out of Russia and into London and New York and it got caught. We spoke to the woman. Man who did the catching my name is Maria Vullo? And I was the superintendent of financial services from early two thousand sixteen through February one of two thousand nineteen, she oversaw banking, and insurance in New York state, just after Trump was inaugurated Vullo signed a consent order with, which a Bank in it Deutsche acknowledged it had allowed bad actors to achieve improper ends. This consent order addresses the man had serious compliance. Deficiencies that spanned deutchebanks global empire. These flaws allowed a corrupt group of Bank traders offshore entities to improperly and covertly transfer more than ten billion dollars out of Russia by conscripting Deutsche Bank operations in Moscow London and New York to their improper purpose. Deutsche Bank paid over six hundred million dollars in penalties in New York, and in the UK and said it would address its deficiencies. Here's how the corrupts game worked it began in Moscow with an order by a shell company to buy a specific amount of stock, but the buyer, one asked for a particular company stock just the amount. They wanted to spend investigators found some prettiest Pacific emails like this one I have a billion ruble today. Misspelled, by the way ruble. But will you be able to find a security for this size? So then what would happen the same day, which a Bank made up Murchison in Moscow, it would make a sale in London of the same amount of stock the trades. Mirrored each other for that reason, they're called mirror trades, ten billion dollars were moved in this way rubles to pound two dollars, possibly dirty money going in clean money coming out. If you're a Bank, you're supposed to have systems in place to prevent trades like this, because it makes it easy for criminals to wash their money through the. Mancial system. So, yes, there was a supervisor on the Moscow desk, which appeared to have been paid a bribe or some other undisclosed compensation to facilitate the schemes employees complained. They were pushed off. No one did anything even when another bag asked which Bank is something going on here. Deutsche Bank responded, essentially, no, no problems here. Instead, they should have elevated the concerns. Yes, and should have raised a red flag again, and we're looking at issues, like know your customer, looking at who these counterparties are, and who's behind the counterparties, if one was going to actually do the proper KYC process, KYC know your customer, this is key underpinning of the financial system away to keep the money launderers terrorists, and other crooks out, or somebody comes to the Bank, who is this person Deutsche Bank, did not have a central? Is know your customer system and its Moscow office Deutsche Bank, had one person as head of compliance, head of legal and anti money laundering, all at the same time, and you certainly need more than one person who is doing three jobs to actually have an effective compliance system. I mean staffing for compliance is essential. And this was woefully inadequate. New York regulators were not able to track them the actual people behind the ten billion dollars in suspicious transactions. And so a very big question remains. What was the reason behind the because money was exchanged, why we still don't know. There's no evidence, these mirror trade deals, involve Trump were telling you about them because in the words of New York regulators, serious compliance deficiencies at the Bank spanned deutchebanks global empire during the same period. Donald Trump was borrowing hundreds of millions of dollars. And because congress is taking a closer look, according to a legal brief fits investigating. Whether Deutsche Bank is doing enough to stop schemes like mirror trading. The brief says this is important in determining the volume of illicit funds that may have flowed through the Bank and whether any touched the accounts, held there by Mr. Trump his family or business.

Deutsche Bank Bank Donald Trump Trump Inc Georgia Bank Dodger Bank New York German Bank Congress Doj Bank New York Times Jared Kushner Moscow United States Editor Vladimir Putin
"doj bank" Discussed on WCPT 820

WCPT 820

03:19 min | 3 years ago

"doj bank" Discussed on WCPT 820

"You, Tommy. Corduroy on wearing. A fire. Join up again quarter does not Shad rug is fire. Orange shag is that what the kids are gone. We agreed shag growing orange. All right. Shag. And I understand we're all going through a lot of stress to focus. No, can we just stay on bread. Carpenters are think Ryan night the baby of the family thing. We just talked to Matt Miller about he said if you haven't figured out yet rod Rosenstein is not a patriot. And somewhere along the way flipped over to the dark side. People all going to be on the wrong side of history. Okay. Adam Schiff, smooth, jazz, congressman. He comes. He tweeted Robert Muller must testify before congress when we will make sure that he does the American people have every right to hear directly from the man who conducted the investigation, they certainly cannot rely on bar who has misrepresented Muller's work from the beginning. It makes me at least that people like Adam Schiff and Maxine Waters are out there. There's a lot of stuff going on that we don't even know. But the fact that he's chairman of intelligence, and she's chairman of financial services and anti Maxine is going to get those. Tell you that right now and the DOJ banks stuff. So. Yeah. Ian tweets, it's telling that, the very last line of the Muller report ends with quote, no person in this country is so high that he is above the law, and then sites US versus versus Nixon. Then it ends me thinks smallers ending was not a happenstance. Yeah. I was I was reading that again. And I was like, oh, yeah. That couldn't be clear the very last line Delaney in Missouri. Hello. There and get your speaker. I was hoping sure or such mazing research, and she has been working weapons on with y'all dark and the former Soviet Union and the emphasis right now, I understand obviously on the Muller report and on the campaign and the Trump administration, but Republican party seems to have been tied in with this stuff. Yeah. You know, I it's deeper been the NRA. And I don't know what kind of what how Delaney why shouldn't balloons e Graham have to step down. Now as chairman of the Senate. He he just urged a private citizen to defy a subpoena or take the fifth, right? Don, jR, absolutely panicked. Crazy and Wallace and got to be. I mean, there's got to be stumping pretty serious going on if there's more than just getting reelected. This is you know, in in our current political climate that's enough to make somebody completely told her soul. But I can't help. But feel that there's obviously something very big and answer the Republican party as well. And we're not hearing about it. But I think they're all compromised. They went over there on July fourth how much more open to be. They went to Russia all these Republican. Yeah. Yeah. Crazy. Yeah. Yeah. Okay. Till they need is as bad as you think. And yet it's going to get worse than Syracuse your joins us. Scrapped yourself in. Thank you. Thank you. All right. State bouts going to bump. What are you? Don't hide in your shirt. Okay. She's back. You just went full Mitch McConnell with a scaring me..

Robert Muller Maxine Waters Republican party Delaney Tommy Graham Mitch McConnell US Soviet Union DOJ rod Rosenstein Syracuse Ryan Nixon Matt Miller congressman Senate NRA Wallace Don
"doj bank" Discussed on 90.3 KAZU

90.3 KAZU

08:42 min | 3 years ago

"doj bank" Discussed on 90.3 KAZU

"Audie Cornish to congressional committees. That are looking into president. Trump's finances have issued subpoenas to a number of banks among those institutions Germany's Deutsche Bank over the years. It's done a lot of business with Trump and his company the Bank also has a checkered history that includes laundering money for Russian individuals to talk more about Deutsche Bank. We're joined by NPR's, Jim zarroli. And Jim the subpoenas are basically putting a spotlight on Deutsche Bank in its past what kind of relationship did it have with the president. Well, you go back to the nineteen nineties when some of the casinos that Trump owned declared bankruptcies, a lot of banks wouldn't lend to Trump after that. But DOJ Bank did so when Trump became president. He had very large mortgages with Deutsche Bank on some of his best-known properties. Like that the Trump national arou- resort in Miami, Trump International hotel and tower in Chicago, also the Trump internet. National hotel in Washington, he owed more than fifty million dollars on each. According to the financial statement that he filed in two thousand seventeen so there's always been this open question about why have banked lent to Trump when other banks wooden and for investigators? The question is all the more pressing because don't you Bank has really a record of of now fees in irregularities. Tell us more about that history. Some of the allegations we mentioned money laundering earlier. Right. Well, yeah. The money laundering the Bank paid fines, totaling six hundred thirty million dollars in two thousand seventeen regulators said some of its clients moved a huge amount of money like ten billion dollars out of Russia into offshore accounts illegally and Deutsche Bank, basically allowed it to happen. The and the allegations about money laundering, continue just recently and November the bank's headquarters in Frankfurt were raided by investigators. They were looking at how to Bank helped set up illegal accounts as part of this big money laundering, global money laundering scheme. So add to that Deutsche Bank paid seven point two billion dollars for helping setup toxic mortgages before the financial crisis. It paid a big fine for violating US sanctions against Iran and Syria. So really the Bank has has a long record of scandal. To to say, the least why are congressional investigators interested in the Bank at this point. What we don't know. Exactly. But one of the interesting things that has come out involves Michael Cohen, the president's personal lawyer who has pleaded guilty to tax and Bank fraud and is about to go to prison. He testified before congressional comedian February he said that in early twenty fourteen Trump wanted to buy the NFL team the Buffalo Bills. So he went to Bank for a loan, and he gave the Bank of financial statement. And according to Cohen this statement, really. Inflated the value of Trump's assets Cohen said Trump did this a lot we should point out here that Deutsche Bank was also subpoenaed by the New York attorney general's office recently it to investigating Trump's finances. Has deutchebanks anything to say so far about these Pena's yet says it's cooperating with investigators as much as a can this is generally how it responds to these allegations. The Bank is trying to sort of salvage reputation after years of lawbreaking. We also comment contacted the president's presidents attorneys for comment, they didn't respond, but Trump's son Eric put out a tweet today. He accused congress of harassment. He said he said, quote, this nonsense is the exact reason Americans have such disdain for politicians. And that my father was elected president. All right. That's NPR's. Jim zarroli? Jim. Thank you. You're welcome. For the first time and African American has won the Pulitzer prize for editorial cartooning Darren Belton started his career doing editorial cartoons and comic strips in college. But he took a break from editorial cartooning in two thousand one. He didn't start doing them again until a dozen years later during the trial of George Zimmerman who shot and killed Trayvon Martin a black teenager in Florida. Trayvon Martin's death, moved bell to devote a week's worth of cartoon strips to the story and after the trial bell started tackling other things in his cartoons like immigration policy climate change and President Trump Darrin bell joins us now. Congratulations to you. Thank you. So what was it about the trial involving Trayvon Martin's death that inspired you to start doing aditorial cartoons? Again. The trial of George Zimmerman pretty quickly turned into the trial of Trayvon Martin. As far as I was concerned. It seemed like it was like it was a criminal trial of the person who had been killed and half the country, basically decided that Trayvon Martin was responsible for his own death before the trial even started and they didn't change their minds. No matter what they saw and around the same time, my wife, and I found that we were pregnant with my first son, and it occurred to me that if he were to grow up in something like this were to happen to him. Half the country would say he had it coming. And I wanted to protect him the only way I knew how to do that was through cartoons. That's that's what I do. I mean, when we think of cartoons, we often think of art that makes us laugh, and you tackle stories that obviously are not funny at all. Can you talk about the way cartoons? Help us think about serious or painful stories differently. Well, artwork and cartoons. Have always been used to help us think things through. We're hard wired to respond to images it began with the first cave paintings written language began with hieroglyph IX, there's something called art therapy that I think a lot of people know about and sometimes I think that's what cartooning is for me. When an issue is too hard to think about I just start drying and see what happens, and I just hope that if it's not funny at least. It's therapy. And if it's their -peutic for me, I figure it's going to be that way for for readers as well. Part of the reason there have been no other African American winners in this category. Is simply because there are so few African Americans doing at to'real cartoons. Were there people you could turn to for inspiration in this field as you are working your way up in it? Well, I wish there were there were plenty of African American cartoon is stating back a hundred years or so one of the best cartoonists we've ever had was Oliver Harrington somewhat. I didn't know about until I was in my twenties when I was growing up the only people I I was exposed to where the cartoonists who were hired by mainstream newsrooms, and none of them were African American. So my influences were Conrad, Jeff McNally and Herblock mainly so given that you didn't have anyone who looks like you doing this kind of work when you were growing up who do you? Now want your work to reach. I want my work to reach everyone. I was inspired to do what I did not. Because there was somebody who looked like me doing it. I didn't know there was I thought everybody was white. And I thought it doesn't have to be that way. So it doesn't matter to me. Who's inspired by my work. I hope African American kids are I hope Latino kids are I hope everyone who's underrepresented in newsrooms are inspired to pick up a pen and just start drying their stories Darrin bell is the winner of the twenty nineteen Pulitzer prize for editorial cartooning, congratulations again. And thank you so much for joining us today. Thank you. You're listening to all things considered from NPR news. Now to Utah and young university where students are protesting that school strict honor code. They say the administration has used the code against victims of sexual assault or harassment and some victims claim they've been punished for reporting their own sexual assaults. Dacia eaten of member station. K U E R reports from Provo Brigham.

President Trump Darrin bell Bank Deutsche Bank Trump president Jim zarroli Trump International hotel Trayvon Martin Pulitzer prize NPR Audie Cornish George Zimmerman harassment DOJ Michael Cohen Washington congress
"doj bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:24 min | 3 years ago

"doj bank" Discussed on Bloomberg Radio New York

"Let's get a check on the latest headlines at Hanna George at the Bloomberg daybreak desk. Good morning Hannah. Good morning. Karen Facebook shook of privacy scandals within earnings beat that sending the Shazad higher. The report eclipse lackluster results from Microsoft that stoked concern about slowing cloud growth. President Trump will meet with China's vice premier in the Oval Office today, it'll be the highest level get togethers since his sat down lesion ping in Argentina tesla. Lost another top executive while fourth quarter results. Nist Chaz slumped off to Elon Musk's at the company's chief financial officer is retiring deutchebanks much-touted merger with rival Commerzbank. Could finally beyond sources tell Bloomberg. Doj banks talk exacts a bracing for. Possible government broke deal by Michio pull the news you need to start your day. Check out daybreak on your mobile phone on the Bloomberg anywhere app. Karen? All right Hannah. Thank you. You did mention Facebook shares are up eleven point two percent in early trading employs for their highest level since September twenty eighth right now s and p futures are up two points. Dow futures down ten NASDAQ futures up twenty one the Dax in Germany is up about a tenth of a percent ten year treasury of four thirty seconds yield two point six six percent. Yield on the two year. Two point four nine per cent. Not Mexican oil down two tenths percent or twelve cents to fifty four eleven a barrel. Comex gold up nine tenths percent of eleven dollars ninety cents to thirteen twenty seven forty ounce. The your L dollars fourteen Eighty-three the yen one zero eight point six zero. That's a Bloomberg business flash. Now, here's Michael Barr with more on what's going on around the world. Michael Barone partisan committing in congress began negotiations to the sitter President Trump's demand for funding a border wall another government shutdown looms after. Current funding ends February. Fifteenth NATO's chief has called on China to treat to Canadian citizens detained fairly and with due process secretary general Jens Stoltenberg said today that he was following the situation of the Canadians detained in China in December with concern in his first public comments about the case. The Canadians have been held in an apparent retaliation for the arrest of a top Chinese while executive in the NBA. The Knicks lost the Celtics wizards were winners. Global news twenty four hours a day on air and 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 Karen Facebook Michael Barr President Trump Hannah China executive Facebook Hanna George Elon Musk Jens Stoltenberg Twitter Microsoft Michio Michael Barone chief financial officer Commerzbank Doj Knicks