17 Burst results for "Markopoulo"
"markopoulo" Discussed on Asian Americana
"Are you viral right now and I was like something on. MTV and buzzfeed disguise viral right. Now you should check this out. And they're like Oh yes let's see let's see it so then I pulled lit up and I showed them they're like oh that's hilarious and I got a call like forty minutes later. As soon as I walked the audition I call my agent. I was like Yo I got got this and he's been booking work ever since it has changed my life as weird as this sounds having a beard. Secure some jobs for me. Sometimes Times. They're looking for men with beard and my competition is very limited. It just really helps me get into the door and then I do the rest of the where does men men also did not start his acting career with facial hair in fact he was actually not allowed to grow facial hair when he was younger. Muhdad has a has a big thing against facial he's like mm stereotypically Singapore in and anyone who has facial hated him shifty dude so in my house the moment I started showing any sort of facial it was like he is a razor. Go town the first time he tried growing at his facial hair was his living out of the House as a college for an exchange student in the states and I was when I was nineteen. And I'm just not going to buy a razor. And how did it go. It was horrible like it was really thin twenty percent density of what I have now which is still quite thin and so you can imagine it was. It wasn't good. It was around this time. That desmond was joking around with his fellow East Asian Australian aspiring actor friends in a pub and he came up with a theory about male actors in Hollywood. He posed it to saga. Can you guys think of an Oscar winning actor who doesn't have the ability to grow facial hair honestly. Leonardo DiCaprio weren't Oscar only after he grew exactly that we went through this whole thing. We went through the list. We will like this person. It's not clear. And there's a notion that and then went onto the discussion of like whatever anyone of these actresses making Oscar bid. What is the first thing? Go Away. See on their face some sort of visual head. That says something about the character already. It's acting without acting. I mean this. Frankly something that I brushed up against like this whole goatee thing and the long hair. That I'm growing out was a pretty. It was pretty calculated decision if you search for music video of Desmond with musician. Jennifer virtual from two thousand and eight back when they were students at UC Irvine. He looked pretty different. He was clean shaven with short. SPIKY hair Now so I I do I I guess about very good John Now. Yeah now I saw nine. He looks like a model because he was a model his agent was sent him out for a lot of leading man. Auditions like these are the rooms. Were at the time for me at walk in. They'd be like fifteen guys. They're thirteen of them. White One black guy and as me. Frankly we never get a callback. They were looking for a certain thing. And it wasn't me with short hair and clean lean shaven so desmond made a choice to grow out both his hair and his facial hair so at the time I was like okay what are the shows going out of the costing my look it. It was Markopoulo Crouching Tiger all those like period warrior shows. What can I do to look more like that? He started getting called in for what he considered. More Asian Asian specific roles which sometimes meant not the lead roles. It wasn't until recently the Asian roles and the leading man roles started to collide for him crazy in the summer of two thousand nineteen he started the ABC series Frick. He played detective White Coal Opposite. Poppy Montgomery's catch chambers the former criminal now working for the government there the shows will they or won't they couple. I'm here because I want to be with you really. We're from totally different worlds. Why it would never work in the long term? I've been there trust me when I say I know about this. I'm not going anywhere. It's GonNa take some time for you to come round to that but you you a magic not a cop and another kind of man so now there's long hair and goatee look look have made him a Hollywood leading man. What does he think now looking back at his younger self with his friends at a pub feeling like he would never be an Oscar winning actor fire if he couldn't grow facial hair? One hundred percent was coming from a place of business. We'd all had a frustrating year. I think we're all pretty decent actors we would just so so bitter and we will like just trying to break down why we would getting anywhere. So that's kind of sucky balance that I have to have to to pull In a way the face it kind of makes me more of that stereotype of manliness. That they're looking for which is not again something that we should necessarily be aspiring to. But this is kind of where we're at right now to be frank.
"markopoulo" Discussed on Gaslit Nation with Andrea Chalupa and Sarah Kendzior
"We're putting out. There isn't a fringe opinion. This idea that we should continue investigating investigating continue holding hearings in the House and not immediately passed these articles to the Senate John. Dean for example has said the same thing because the goal all should be transparency. The goal should be rooting out corruption. The goal should be preserving election integrity. It should be delivering the truth the full truth to the American doc in public because they deserve it. You deserve the truth you know don't settle for crumbs. There's this mentality now. Because the public has been relentlessly abused by the trump administration and to some extent much lesser extent but still by the Democrats who have played down a lot of these atrocities who have refused to follow through on investigations who've been apathetic to a lot of human suffering particularly that of migrant children on the border and other crimes against humanity people are exhausted people are battered down and when that mentality sets in a lot of bad things happen you see. Colts emerged urge personality. Cults you see Save Your Syndrome emerge where you're just waiting for someone to swoop in and rescue you and you also see mentality of settling of settling for less us than you deserve but don't subtle subtle the score. That is what we need to do as a country. All right and you talk about manafort yet this. I always want to doc. I will sum up briefly. What happened yesterday big day so there are certain topics that we always come back to the show and one of the main ones is crime machine? Jean Paul Manafort and not just because he is obsessed with Andrea sister. Who is Alexandra Chalupa for the Bro Journalists Listening to the program so Manafort Manafort is at the heart of the criminal hijacking of American democracy and we urge you to listen to the earliest gasoline nation episodes from two thousand eighteen when we discuss our or mutual horror back in two thousand sixteen? That manafort was selected as trump's campaign manager and this is part of what drew Andre Together and sew Monday was I know it's very very romantic. My name was a significant day because what we have long asserted on gasoline nation was confirmed by the new report by the Inspector General for the DOJ which is that Manafort was under FBI investigation. Not only in July twenty sixteen as has been publicly stated needed but before he became trump's campaign manager in the spring of two thousand sixteen. This is not surprising as Manafort's dirty deeds date back decades but it does yet again. Raise the question of why the F. B. I.. Allowed a compromised money launderer to run a campaign for trump. Who is himself? A Mafia Africa and Kremlin associate thus enabling both of them access to classified intelligence and a road to executive power that puts the very sovereignty cindy of our country in jeopardy so Andrea. What are your thoughts on that? All of this was in the public domain. And I just don't understand why hi the FBI. Like where was James. Combs press conference on the fact that the FBI was investigating Donald Trump's campaign chairman for money laundering tax evasion. And why was he going after. Hillary Clinton who smartly had her own private server because the United States government was getting deeply hacked by authoritarian. Teheran regimes like China and Russia and their which was a major national security breach so hillary Clinton was vindicated with her private server and yet had James Comey with his documented. Misogyny called her out on this and yet refused to inform the American public. that a Kremlin operatives who was under investigation for money laundering tax evasion was was managing the campaign of a man that was getting closer and closer to winning the White House. The ridiculous thing is just all of this news. That's been coming out since we've launched the show. We are demanding with every episode of gasoline nation. That there needs needs to be an investigation of how American intelligence agencies let it get to this point in the first place because if you were relying lying on the American people to save the day the ballot box in two thousand sixteen. Then why did you not take into account that there was a sweeping PSI diop's campaign being waged against the American people. When all of this was going on you had in the Brexit vote for instance Brexit was the warning? Shot that the Kremlin fired the Kremlin had one hundred and fifty thousand twitter accounts driving the Brexit. Vote helping tip the scales in that corrupted brexit. Vote look at what what's going on in in the US you had militarize propaganda from Cambridge Analytica and on top of that manafort partner Rick Gates he brought in a science organization. This this was all going on. When American intelligence agencies apparently thought that the the American voters would save the day and they didn't have to do anything they could just succumb to their own misogyny and arrogance thinking that they could attack Hillary Clinton relentlessly and try to humiliate her during two thousand sixteen? Meanwhile right in front of their faces in plain sight site to promote his book ahead of its launch. You had this massive sweeping criminal operation that was relying on new technologies like militarized propaganda across all social media media channels that American companies launched. This was a massive intelligence failure. If we somehow avoid deepening this essential threat of of where we are now. And with the Democrat winning the White House and twenty twenty that Democratic president that administration must must must order an investigation into how US US intelligence agencies failed so badly against metaphor and Putin's operation to bring their asset to power in two thousand sixteen is stealing this election Senate and subverting our democracy yes absolutely and it's frustrating to me that within the candidates in all of the debates and discussions around this race. We're not not seeing discussion of this in forthright terms. I think Warren is the closest when she talks about corruption when she talks about Kleptocracy and in our relationships with other authoritarian states who are not only hostile to their own people but who have hijacked our own democracy and pose a danger in that respect act but there should be if we're not going to get hearings on this which apparently some of the Democrats don't WanNa do think some do want to do that. So hopefully they'll still go in that direction but if we're not going to get hearings. We need debate. We need answers. We need to remove this sort of untouchability of the intelligence community. It is clear there are fractures within it. It's clear that there is an enormous fracture within the FBI in two thousand sixteen where you saw. Experts on the Russian mafia people like like Lisa page doing their job trying to save this country and immediately are purged after and then you have operators like Komi talking out of both sides of their mouth and then you have what appears like a contingent linked to Rudy Giuliani. Who are helping move? This long helping trump ascension to power through through illicit means. And then if you look at that historically you see a number of former FBI directors including Louis Freeh and William sessions who went on to represent the Russian mafia and the main Russian mobster to whom they are connected is Semyon mcgilla bitch whose name POPs up over and over again. He is linked to do the criminal. Maxwell Family d'alene Maxwell who was Epstein partner like there is a network here there is as I've said a billion times a transnational it crime syndicate and it is not only infiltrated and influenced our own government but other governments around the world has just said with Brexit and people. Just keep deep beating around the Bush with this. I think some of it is. They're frightened. I think many people are threatened. I think it's incredibly overwhelming and confusing and believe of me. I have sympathy for everybody trying to tackle it because we have on the show and also independently for years and there is so much I do have a book coming out in in April. Twenty twenty called hiding in plain sight. It is a sliver of what is out there you know. It's an overview of the last forty years but honestly we need an encyclopedia. Hiya of crime like we need like you know books that show up once a month like dealing with each participant that is the extent of this network and the magnitude of their crimes. Like imagine if you had an entire book just about Manafort and everything that you know all the shit you got up in over the last forty years like it's immense. It is very frustrating frustrating and of course it's frustrating as you just said before that this was in the public domain your sister was the canary in the coal. Mine going out and telling everybody. Hey Hey Paul. MANAFORT is the Kremlin operative and a mafia associate perhaps shouldn't be running a presidential campaign and instead was targeted did herself and not protected and dismissed and this is just an ongoing pattern and while honestly I was frustrated back in two thousand sixteen that so few seem to should be catching on to this but it was new. It was an unprecedented crisis for our country but it is three years later we have had hearings. We have had had expert testimony. We've even had people from the inside. People like Michael Cohen who are involved in the crime. Come out and tell everybody like yeah guys like it's the mafia and you know what what else trump's not going to step down in two thousand twenty maybe get prepared for that. You don't hear forthright discussion about this. Almost anywhere you get maybe a few soundbites. Yes and that just does an enormous service to the American public because again this is about the public this is not about institutions and this is not about individuals also at least in terms of preserving their greatness. You need to earn the People's trust so Put up or step down. If you're wondering how we got got to this point how. Ivanka trump and jared Kushner are the de facto President United States how this assembly of autocrats consolidating pollinating their power and basically trying to live above any accountability from Erta one to Putin and so forth. We got here because simply put Savior Syndrome. If if things are really that bad somebody must be doing something about it and a really great sort of case study. That should've warned us. That could have gotten this bad with a Russian mafia acid in the White House. Is the story of Harry. macropoulos a forensic accountant. Who tried to warn anyone who would listen that? Bernie Madoff Bernie madoff one of the wizards of wall. Street's when most powerful men on Wall Street was a giant Ponzi scheme no one would would take Harry more Coppola's seriously and he was somebody that was incredibly passionate very much in the weeds in pulling together. Yeah they're all this information and and he had all this damming information and the numbers don't add up and and Bernie Madoff Ponzi scheme but to say Bernie Madoff Ponzi scheme is to say that Donald Trump is a Russian mafia asset and twenty. Sixteen people about that. You are crazy people about that. Your conspiracy theorist this is just another cautionary tale. That if Bernie made off is really a Ponzi scheme certainly somebody somewhere would be doing something about it certainly the SEC or the US government or somebody would step in and stop this. This shouldn't be on little Harry Markopoulo. A father of three and just a forensic accountant all beyond him to stop greatest Ponzi schemes in human history. No and so. That's what this comes down to is. The world is being destroyed because everyone just assumes that somebody else's saving it that's why Andrea and I are always encouraging you stand up for yourselves. Stand up for each other as Andre always says find your community build an activist service movement. No one is coming. There isn't going to be a magical fix even if by some miracle say trump is impeached. Any is removed you're still still dealing with the GOP. The packing of the courts the entrenched corruption the purging of agencies the gutting of institutions that we need like the State Department Department. You're still dealing with the Kremlin you're dealing with Saudi Arabia. You're dealing with this Trans National Crime Network. These are enormous problems and then add on top of those income inequality quality hoarding of wealth by Leeds. Job Loss all the social ills that we live with every day. And we shouldn't have to. You know if you need motivation. Asian you know. Look at kids. Look at the world that they've grown up in look at how they see this as just normal daily life and to some extent. I'm kind of glad that kids don't have this Savior Syndrome. I'm glad that you know when I talked to children not just mine. I'm not trying to work my own children but honestly when I talked to kids they see a lot of issues where clearly they see. Climate change more clearly and they see that trump is a lunatic more clearly. They're not saying he's going to pivot. They're not saying there must be a secret plan. They're like Holy Shit like that guy is obviously nuts like at the least he's not in his right mind and so oh you know my hope for the future to some degree lies on people. Adopting the clarity of mind that you'll find in a child or a teenager who isn't isn't sentimental who doesn't have false expectations and who often isn't afraid because they don't know enough to be afraid but it is our job as adults to protect. Act these kids to protect the future. The future is an endangered commodity. And it's up to us to try to preserve it and that's why we bother with with this like we don't bother with this show or all the things we do because we think all hope is lost and that we are doomed it is the opposite. We are persevering and we're persisting in are oftentimes annoying to some people commitment. She bringing the truth to the public and to digging deep into everybody's corruption into everybody's sins against this country and trying to make them right because you can't fix problems that you won't expose. I WANNA walk through so in in lead up to Christopher Steele I g report that just came out. I WANNA walk through. Just to sorta hit home for everybody. The public domain richness of Paul Manafort crimes. There it is out there there for anybody to write about yell about is want to walk through. Just a bit of a timeline And then we'll go into the big Christopher Steele News and his interesting relationship with vodka trump so the revolution Ukraine begins at the end of November in peaceful demonstrations at then turned violent when government riot police start beating protesters in early December. I tweeted about Paul Manafort. This December twenty thirteen my first tweet about manafort. And that he was advising He's a Republican operative that was advising victory on a Kovic. That's significant because this was this just underlines that this was in the public domain and you my sister's being hounded by Republicans relentlessly. They're they're terrorizing her. They're trying to equate her as you've always say that. She some deep state operatives like how the Hell Did she know that Paul Manafort was such a bad guy will look at my Tam tweet from December for twenty thirteen. That was Paul Manafort's wikipedia page that I tweeted out. That's how my sister knew before. She came into this to try to alert everyone..
"markopoulo" Discussed on The Next Big Idea
"To some whatever reason he is like a little out liar. Who is one of those rare group of people who who's my detector occur is not set to the opposition? He does default. The truth is more you learn about Harry Markopoulo one you learn these people country people are useful. I Call Them Holy Fools else there really. Is there the kid who looks at the emperor and says he's not wearing any clothes right. They're capable of seeing things. The rest of us can't but at the same time and he's a he's a little bit crazy become convinced by the end of the the scandal I he thinks that made ups GonNa Kill him because then Russian hitmen after him and then after made up to read so he convinced that the SEC is GonNa kill him and he barricades himself in his mansion in the Boston. Suburbs puts on a gas mask asking like loads up his disciples and like stays all night with his shotgun changes. You're the idea that the SEC would send a squad is the product of a extending the hyperactive paranoid fantasies. But when is it. That's all of a piece. That's what it's like to be someone who does not be true. You don't want to live in a society full of Airy micropolis right. It doesn't work. You can't have Harry more complex. Run the SEC. He's he's he cannot be an organization assumes that absolutely everyone doing something a little bit unusual is a crook that's disastrous walston would come to a shuddering halt if every every single transaction was considered suspicious. And yet that's exactly. What hurt copies is? He's someone from the world is a overwhelmingly suspicious place which I do take away from it. Desire to be able to switch my to turn my lie detector on and off you know. I wonder to what degree that's not something. An individual can modulate in certain contexts. I think were quick to reach that threshold of doubt. Email would be a good one. You get an email. You you know from a Ukrainian 'cause Donnie and Email address promising. A great wealth and you click on a link. You know you are default. Choose into those circumstances anymore so sure but I think I don't know whether under most reasonable situations this is something we can just this kind of casually flip on enough. I think it's either on or it's all the whole point of this. Is You just not that. There's a better way to do. This is the best way to do. This is to develop a truce group but think about this you are someone who has. You were serial entrepreneur who has successfully created a series of successful organisations from scratch. Right you could not do that if you were not fundamentally someone who was trusted Yes yes it would be unlike. So why would you wanNA bus with this. There's no question that entrepreneurs are the extreme of defaulting to truth and not reading dangerous sides. But I do wonder though whether sure I mean. We're grateful for Harry MARKOPOULO and I. I do wonder if one of the conclusions isn't that we should cultivate or at least you know deploy a small Paul quantity of Markopoulo says in the right areas of our lives to make sure that we don't have massive fifty billion dollar Ponzi schemes. Well okay another way. I would rather that. We make adjustments to our social station so that we aren't relying on the compasses so if people were uh exercise some common sense would need Harry accomplice to sniff out pretty bad off. The problem is social institutions are run in by people and those people often need to deal with and make sense of strangers. The next big idea is sponsored by policy genius. It's already December as much as we love getting seasonal. This month can be a bit stressful title to look. We've all got a long list of things to do for the holidays and if life insurance is one of the things way down on your list policy genius might be able to help you cross it off. 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"markopoulo" Discussed on The Next Big Idea
"This week. Why we are too trusting when it comes to other people the story about Florentino Oren Tino auspey yoga the Cuban defector is from talking to strangers the new book from our next big idea club co curator? Malcolm glad well Malcolm says Cuba's decades-long decades-long deception isn't just interesting. Real life spy thriller it's also a perfect illustration of how bad we human beings are at understanding people who are different different from us. Malcolm has been helping us make sense of human behavior for years in his articles in the New Yorker and his bestselling books like the Tipping Point Blink and outliers high listened to the talking to strangers audio book while I was hiking. The Appalachian trail talk about changing the way you see the world. I've got Malcolm in my ear. Buds and keep meeting fellow hikers all perfect strangers. For maybe the first time in my life. I'm really thinking about the way I form impressions of people. I don't know now what I can glean from quicken actions or think I can and I have to say I always thought I was pretty good at reading people but talking to strangers has forced me to rethink that. We got hold of Malcolm between stops on his book tour joining Conference now. Hello Malcolm Eddie when you guys are great so just for fun. Can we start with the extraordinary story of Fidel Castro. And how he toyed with the CIA for for a generation we have this Cuban spy right. Who walks into the? US Embassy in Vienna and just drops his bomb. Castro had over the course of more than a decade completely pulled the wool over the eyes of the CIA not just in a minor way but you know overwhelming catastrophic traffic way. He deceived everyone about everything. And I just think that's his tastic introduction to this discussion of you think you understand the stranger no like not even the most sophisticated dealt with service in the entire world understand strangers a the detail that I love is that Castro and Cuban intelligence makes a documentary film right from Multiple Camera Angles of all these agents executing their work being duped and then finally when the Americans ask hey. Could we get a copy of this film. They sent over right away dubbed in English uh-huh. Yeah so they they're following. They have so completely pulled the wool over the Americanized that they are they have camera crews following living. CIA officers around. They meet with their agents and they're filming like with great shown to camera angles and they make kind of private documentary entry. which is this you know it was but this kind of complete an utter humiliation of the Americans? And and then when the Americans find out that they've been duped. The the Cuban cinema copy has kind of final screw dubbed in English which is great detail but of course the extraordinary point in here is that it was not in fact. Brilliant Tradecraft Right. It wasn't that these Cuban spies were so impeccable with their work that caused them to be so effective right someone who devours huge numbers of spy thrillers. Essential theme of spy thrillers is almost always that the spying works because at the brilliance of the spy. Why so spies are celebrated their you know the secret agent is alleged to be smarter and more daring and more duplicitous? And whatever ever gotten to the rest of the James Bond right in fact when you look at these actual real life cases of spies spies work not because Speiser because people being spied on our human and they are inherently gullible and this is the first big argument Malcolm Mix it's drawn from the work of a psychologist named Tim Levin and the idea is devastating but also pretty obvious as human beings we are built to believe we will always unless you're giving some powerful reason not to our default mode is to accept what the stranger says as true you and it is that tendency that makes US INHERENT TENDENCY THAT MAKES US extraordinarily susceptible to deception. I tell another story of a very very very damaging spy Anna Montanes. She probably betrayed as As many American secrets as anyone in the core era when she was coming who rose to very highest level of the DIA. The Defense Intelligence Agency the whole time looking for Fidel Castro. And I tell the story of how she was at first suspected then uncleared and then finally uncovered and that is not about her brilliant. She was she had to. She had the codes that she used. WHO's to communicate with her Cuban handers in her purse she had she had her own radio in a shoebox required star from? She's like like amateur hour another high-ranking person. DA is convinced the Cuban spy and can't convince anyone she and she's sales through the examination. Why what's again is because not because of extraordinary brilliance on her part or incompetence on the part of her investigators but because of this foundational factors human nature which is a program to believe? I remember being told in Grade School. That gullible was not in the dictionary and and for two or three seconds. I believe this to be true until I realized I was being. But that's been very effective ploy for many generations. Thank for just this reason and so Tim Wien. His research is fascinating. Yeah a very logical to take all around the world who studied deception. And who had been puzzling with with for years about why. We're bad knowing when we're being lied to and you know this has been studied thousand times and every time you study it and you could say a AH anyway you want human basically sunny better than chance knowing whether we're being deceived lean. I think has the best explanation as many as mission to assist. His explanation is suppose I have a hundred videotapes. A people making a statement and in half of those cases. They're telling a lie had an half of those cases. They're telling the truth and I ask you rufus wash all one hundred. Identify the lawyers in the truth. Tellers you will almost certainly get about fifty fifty two percent of the enters right. It doesn't matter who you look at with very few exceptions. We're right around low fifties just about chance and he looks very closely what he discovers his. It's not because we're wildly guessing. We don't know what's going on and we're kind of all over the map and that's what they know it's because we are overwhelmingly guessing at the person who is speaking telling the truth. It's really really hard for us to conclude uh-huh line so we're guessing true true true true true true true and so we're getting all of the true is right and we're getting all liars wrong because we're biased to truth to believe we won't be presenting which isn't altogether a bad thing. Tim Levin the psychologist says Gullibility is the foundation for a healthy functioning civil society. We need to have a baseline assumption that the person we're talking to his telling the truth you can't communicate efficiently we. You can't create any kinds of organizations you can't do any kind of meaningful transactions everything crumbles and so it would make sense that that over the course of human history. Evolution would have favored in a sense the gullible and think about how what your life looks like. If you don't default assault the truth you don't put your kids on the bus in the morning to go to school because you're convinced that the bus driver is a or that you don't believe that they're actually going to school. How do you know they could be taking the kids to some other place and doing all kinds of various things to them? You don't want the doctor says says you have cavities. You're like I don't know show me I don't know you you know. And so all of a sudden a twenty minute visit to the dentist becomes a three hour argument. I could go on. Nothing works if you don't have this fundamental belief in the truth of what's being said to you and lean. When is that that is what makes civil society possible but it also means that we will occasionally be be deceived and it doesn't happen a lot because most people are not liars but it's y wants to generation? There is a made off very mad off who comes along and Sheets people out of their money or once in a generation there is an anti as a spy in the upper levels of the dia who betrays all of our cetlics fix liars and Crooks Cheats Prey on the fact that we default to truth. It's how they sneak by even were suspicious that something is off but at what point do we start taking our suspicion seriously. He makes the point that for us to overcome our default shoot down have to reach a a critical of a very high threshold anyone's is not the presence of doubt it causes you to become skeptical. Usually what happens when you have since you just pushed question. What does have to accumulate to a point where you simply can no longer find any conceivable reason to excuse them? You say at one point in the book that are lie detectors are set in the off position. Another adjustment to that might be our lie. Detectors are set in the incredibly insensitive position like there has to. Yeah this overwhelming. Yeah it takes a lot to move out of that mother. Unless you're Harry Markopoulo Harry Mark Coppola's. You might not not remember him. But he's the guy who tried to blow the whistle on Bernie madoff every year for ten years. He went to the Securities and Exchange Commission and gave them evidence that made off was a fraud even though no one.
"markopoulo" Discussed on Podcast RadioViajera
"Needs to get the auto in- and big in all I do not got a Lotta means and I'm on the Illinois at the end I see not the not. The computer compete in another year for seven assist child for eating enough. I'm the you know the Gaza in January and Shimpei in middle or will be thousand square feet. I I believe we know Yemen with the big eddy among entitled to equal. She North Bay in thank. You don't dump on getting offers. I'm normally I'm looking at a UP. He ever Nestle for in India and we've been yelled at giant. You might go shopping. I would it should be ended up at orbit or you know set off their condo no naming the fears you. I'm most many more Montana and goes down the avenues near know. WHO's not nuking? Okay Masekela instead of Carlos P and not even look I can you know they need theory. Is they moved to the Mohali. Finally we have no inner Bada the end of this weekend. You don't get up on on what he added. They are not already a better topic upon dental. Go on and on talking donahue yeah okay an on up with it you know what I call it gets models it might not. You'll get the Kamenica went on to say. Compare this to be Malla. Nepal United on import on weight. On the end you'd have another at the end up going up on your Barilla e gotTa love me out but I'm on die now. Let's go. There's nothing you need. You know at Markopoulo. Yeah He. He ended up when I got home and they told the ourselves with Italy most of them in there and e e Elda you know got it got up there right now on. The ryen arm did it with him on Monday night. I'm actual called the compromise online the audience for the money in the middle of Buddha. He known connecting. You might find it for the United Ninety Time Piano Against Mementos Sheila Michael Gets Yeah today young yet. Thank up here on base. So they got out Saturday by POCO Tina No. I thought that he does not buy you a model kit into the Korean. No relevant Info Komo knowing that a target now yet the Kalem together. Okay or move we when you're Yay per day or get bothered immobile. Where AH at Kabul's understood yet? I'm not sure cobbled poor Gheorghita no different than Petkovic Kid. I got nothing better than that. I guess I as you know the only thing I did the data thing. I won't.
"markopoulo" Discussed on TechStuff
"That was the business that started it all really all the way back in eighteen in seventy eight and the Edison Electric Light Company but innovation can sometimes be a double edged sword the move toward led lights which can last for thousands thousands of hours meant that there just wasn't as big a demand for light bulbs anymore because if you don't have to worry about the light bulb burning out on a regular basis. There's not much call to a buy new ones you just by the led's you might sell your house before you ever have to change that lightbulb so light bulbs sales. Were starting to drop. There just wasn't enough enough call for them. I bet it may g long for the days when informed that secret lightbulb cartel in which companies agreed to limit the useful life of a light bulb through engineering era and things were rougher shareholders too since G had cut its dividend payouts a few years earlier. The payouts had slowly increased again. They grown up to twenty twenty four cents per share. So that was an improvement. It was still below the thirty one sense that it had been at its peak but was better but in late twenty seventeen. Ge had to cut the dividend again that time down to twelve cents and then not too long after that there were forced to do another cut they they just realized that there just wasn't enough money to cover the dividend payout so the dividend got cut down to just one cent per share. It just didn't have the money to cover the payments otherwise in addition. JI was having to deal with an unexpected cost. The company had not issued any long term care the insurance policies since two thousand six and in fact it had spun off almost its entire insurance business with a company called. Gen worth however in order to make that deal happen. G was forced to agree to cover any losses from long term care insurance. It was just seen as too great a financial risk otherwise otherwise so. Ge signed that agreement now. Those long term care agreements are policies that are meant to cover the elderly and it turned out that ensures ensures not just at Ge but across the industry had underestimated how long policyholders would actually live and the medical costs including things like nursing home fees would tend to get higher as customers got older so as people lived longer they were creating a larger and larger drain on resources sources for these insurance companies like if you looked at it from a financial perspective the person who was paying for the policy was getting way more benefits out of it they were paying into it and that was an issue so this was a huge cost for GE and it's no wonder that the company was continuing to try and find ways to get completely out of the insurance business to meet the obligation flannery had to redirect fifteen billion dollars of GE's wealth in two thousand eighteen just to cover the obligations of that insurance policy stuff and the company was also hit with a seven and a half billion dollar after-tax charge so things were really rough also in two thousand eighteen GE would leave the Dow Jones industrial average. If you listen to my previous episodes you remember number that was one of the original companies listed on that average when it was first created and it was the only company of that original list that still existed in two thousand eighteen it had been part of the Dow Industrial Average for one hundred eleven years but the performance of the company along with the perception. Shen that industrial companies in general weren't really key indicators for overall market performance meant that those days were over so in its place a different company would join the Dow that was walgreens boots alliance drugstore chain company meanwhile a problem with Geez most recent heavy duty gas turbines binds caused other issues for General Electric Utility in Texas had shut down to different power plants for repairs due to failures with these new turbines that news would end up hurting G. power sales which weren't doing super great at that moment already flannery efforts were seen as insufficient by the board of directors directors and on October first two thousand eighteen the company announced that flannery had been removed from the position of Chairman and CEO and the board appointed an outsider Laurence Kulp to serve as the new chairman and CEO Flannery had been CEO for about fourteen months and then he was out the would give flannery flannery the unenviable distinction of having served the least amount of time as CEO of all Gao's at least so far cope would be the third CEO to lead the company since two thousand seventeen the company cup took over was in turmoil and there were pending pending investigations into GE's accounting practices which had for years as I said earlier been described as opaque polite way of saying the company wasn't making it easy to see where money was coming from or where it was going to Ge had already settled SEC charges in the past but there were others that it sought to find out more about the finances of the company and then of course there was the recent report from Markopoulo. The Guy who was one of the early whistle blowers on Bernie Bernie madoff before everyone was aware of the Ponzi scheme that made off was running. The MARKOPOULO report alleges that GE is essentially robbing Peter to pay Paul also shifting cash around frantically to fend off insolvency. It's kind of like a shell game to try to move money around fast enough so oh that the company doesn't collapse. Ge I should add disputes this report and says that the allegations are baseless and it cannot be ignored that Markopoulo himself himself actually stands to make a lot of money should. GE's stocks decline in value so you could argue there is a motive for markup lists to try and drag GE's name in the mud so they're valid arguments on either side about whether or not this report is something you should pay attention to or if it's something thing that has ulterior motivations behind it that being said the fact that the Markopoulo report came out doesn't change the fact that there were already already numerous investigations government investigations into GE's businesses that could end up hindering the company further so there seems to be smoke. There is just a question of is the fire what Markopoulo says saying or is it something else on top of all the problems. The company faces aces is another external force. That could really spell doom. Many financial analysts say that signs point to another global recession already already industries like manufacturing and freight are in a bit of a slide so a recession would greatly exacerbate General Electric's problems so are we we seeing the end of days for a company that helped launch the technological age. I don't know I don't feel great about it but it is a very large company. It's not like any of these things is definitively the death knell for General Electric and there's lots of that could happen we could see. Ge Get broken broken up into smaller companies that individually are able to succeed much better than they can collectively all of that remains to be seen but it was fascinating waiting to learn more about this company's incredible rich history and I know that this last section was much lighter on the tech side as I said at the beginning thing but at the same time I thought it was important for us to understand how a company that had been so instrumental and setting the tone for the technological analogical age could be facing extinction in two thousand nineteen at so. Here's hoping that things turn around for G. She e that the company is able to reconcile all these accounting practices that is able to deliver value to employees employees to customers to retirees and to shareholders not just to shareholders and that wraps up this episode if you have suggestions for future topics of tech stuff whether it's a company a technology concept in tech anything like that. Let me know. Send me an email the address this is tech stuff at how stuff works dot com or drop me a line on facebook or twitter handle. Both of those texts stuff h s w you can also pop on over to our website site. That's tech stuff PODCAST DOT com. GonNa find a link to the archive of all of our previous episodes there so you can look up all the different stuff. We talked about including the previous episodes I did on. GE's history where Chris Paul at night sat down and talked about it but the show was very different back in those days. If you WANNA hear a different take on the same sort of stuff you can check that out that one came out I believe in two thousand twelve and don't forget we also have a link to our online store where every purchase you make goes to help the show and we greatly appreciate it and I will talk to you again really soon. The tech stuff is a production of iheartradio's. How stuff works for more podcasts from iheartradio visit the iheartradio APP apple podcasts or wherever you listen to your favorite shows here sports business and everyday life breath there were rules fertile. If it has to do with rules you can learn all about it on the podcast. Good calls with me. Euros deemed blondie each each week. We'll break down the call. Everyone is talking about in take you into the world of sports officiating no way that hasn't been done with listen to good costs on apple podcasts on the iheartradio. APP or wherever you listen to podcasts..
"markopoulo" Discussed on Here & Now
"<music> <music>. Oh hey it's not just you. This week does feel like it's gone on forever and it is over. Join me sam sanders to get some perspective. Catch my show show. It's been a minute where we look back on the news and culture and everything else downloaded every weekend from n._p._r. Investors are reacting today to another worrisome headline about general electric fitch ratings which monitors the credit health of companies said that g._e.'s reserves for its long-term healthcare. The business are below average. This appears to mirror concerns raised last week by a harry mark hopeless you might remember coppola's as the bernie madoff whistleblower well. He said that g._e. Is a bigger fraud than enron. Let's bring in robyn farzad hosted public radio's full disclosure. Hi robyn hello peter and we reported on markopoulo markopoulo says warning last week but now fitch is calling g._e.'s insurance business risky <hes> what is looking at what what are they concerned about. Yes s. long-term care coverage which <hes> just a refresher pays for assisted living in nursing homes that turned out to be just so much more expensive to pay out than what these insurers imagine when they wrote the policies say twenty or twenty five years ago and when you're g._e. And you have to set aside billions to replenish your rainy day reserve. That's gotta come out of somewhere. Geo already has one hundred and five billion dollars in debt and it's a it's a company kind of in an identity crisis in desperate turnaround when mar coppola's raised his concerns last week the stock stock tanked eleven percent started to come back up but then g g issued a rebuttal <hes> the c._e._o. Bought two million dollars worth of shares as a way this show confidence in the company but then now there's this report does that undermined undermined the confidence g._e. Tried to instill yeah of course i mean you have a major credit rating agency telegraphing that it also also is concerned and and look at the wording quote should have to increase reserves further. The capital base continues to be dwarfed by this very large exposure close quote at g._e.'s insurance operating trading subsidiary. That's not exactly fitch saying okay. There's nothing to see here and it's only going to intensify the calls to management from wall street. Analysts and institutional shareholders management is really on the defensive here markopoulo made his name by raising the flag early and often about bernie madoff ponzi scheme but i just wonder on this issue if he's credible <hes> because as we've reported before or he wrote the report on behalf of a fund that's been short-selling g._e. Shares which means they make money he makes money. If the share price falls yeah i mean he's credible. He and he would make money but look shortsellers like him. They are credible in that sharks and barracudas are credible important players of the marine ecosystem in this case. You know if he's wrong. Wall street sends g._m. Shares higher the shortsellers liable to lose a lot of money and markopoulo of course he transacts in his reputation so it's all connected as you mentioned g._e. Has been on this kind of slow decline. They've sold off business units to raise cash. What happens to this iconic american company if the credit rating agencies sees continue to lose confidence is g._e. Endanger yeah. I mean borrowing costs on more than one hundred billion in debt. Those are the kinds of things that can make or break a conglomerate of this size when you start worrying about liability limits and if it has enough cash at a company whose stock is already been pulverized. You start to worry about the self fulfilling prophecy. The shares fall you as management desperately. Don't want to sell cheap shares or cheap.
"markopoulo" Discussed on Buzz Burbank News and Comment
"Enron and worldcom lasted four months after exposure. Does your says markopoulo adding we'll see how g._e. Does markopoulo also accuses g of stock market manipulation bernie they made off by the way was sentenced to one hundred fifty years in prison but there was encouraging news this week that was as big as it was surprising because they can smell the villagers burning torches and see the prongs of their pitchforks against the skyline corporate. America is pondering how to save itself. There was a business business roundtable this week. Representing nearly two hundred of the nation's top companies and nearly all of the representatives signed a statement in that meeting getting saying that making money for the stockholders is not accompanies. Only job indeed said this joint statement companies must also serve serve their communities their employers their suppliers and of course their customers. It was not in an alternate universe that they had of j. p. He morgan chase had written a letter to shareholders. Many americans are struggling to often hard. Work is not rewarded now whether you believe he wall street or jamie diamond or not all of this is considered a sign that corporate america sees trouble on the horizon from the villagers who are both divided and angry and and business realizes it has to change to survive it is however a ray of hope for higher wages closing pay gaps even even helping the environment and climate change which was included in that joint corporate statement this week. Even corporate america agreed. It's time for a change health. Officials are now investigating more than one hundred fifty cases of a lung illness. That's been tied to the use of e cigarettes many of the sicker thicker and hospital some in intensive care. Some are on ventilators doctors. Don't yet know if the victims will get well or whether they will get completely yeah well. Their lungs are injured damaged. The outbreak of whatever this is has reached at least fourteen states symptoms include breathing difficulty shortness of breath chest pains. Perhaps fever cough vomiting and diarrhea. The centers for disease control is looking for a common thread in addition in developing that ties these cases together. The source appears to be vaping pens bought on the street often containing t._h._c. You may not vape you may not drink even the green tea and you may not consume any beverage ending with chino. If you are a member of the church which still known as the mormons coffee tea and caffeine in general have always been verboten as have been smoking and alcohol consumption but the modern ages ages forced the church to be more specific in its shots the new guidance for the deep breath church of jesus christ. Latter-day saints says that if it it ends in chino it probably contains coffee no cheating the church is now being besieged with questions like what about coffee flavored desserts that contain little or caffine the church's response when in doubt rule it out the church also forbids recreational marijuana of course but says pot and opioids are are fine if they are prescribed by dr the mormons are still teetering on we'd the church has publicly said it approves of medical marijuana <hes> while simultaneously opposing a medical marijuana bill in the utah legislature. The news rocked texas like in in oklahoma earthquake was it true had the lonestar state's republican governor signed the bill passed by the state's republican legislature that accidentally antolin legalized the possession and sale of marijuana back in may texas lawmakers overwhelmingly passed a bill to legalize the agricultural possession sale and transport of hemp. How would they know the difference. Between ham marijuana t._h._c..
"markopoulo" Discussed on Here & Now
"She's somebody who has struggled with questions about linking her own heritage to the native community. What that means you took a d._n._a. Test so i'm particularly particularly curious to sort of see how she's able to resonate or not resonate you know we'll see with members of the native community and tribal leaders there beyond that jeremy though i'm also very interested in joe biden as a whole. I think he's somebody who we saw. Slip up have a couple of gaffes in iowa during his campaigning there last week. <hes> i'm just sort of curious to see how he is able to broaden his appeal and whether or not some of those gaps continue to catch up with him and the next debate is coming up in the middle of september were a couple of weeks away from the deadline to qualify for that but <hes> maybe it'll be a little smaller than the last time with twenty people and that's the case okay. That's up v._r.'s political correspondent asthma holly thank you you're welcome. Shares of general electric are heading back up today. After they took an eleven percent drubbing gene yesterday investors bailed after a whistleblower claimed the company is hiding major losses the whistle blowers harry markopoulo s- best known for sounding the alarm on bernie madoff ponzi scheme meighan is bloomberg's senior editor and mike. What exactly is g._e. Hiding here according to this whistle blower you're well. There's a few things being alleged remember g._e. Is a conglomerate involved in a lot of different businesses but the most serious one is it's long term care insurance insurance business and that's health insurance which basically covers prolonged medical events that aren't completely covered by medicare were traditional insurance and and.
"markopoulo" Discussed on WMAL 630AM
"However at the time, Michael is an attorney in the United States reading the New York Times, where did you come across this crime? Michael I said at breakfast one morning reading the New York Times and read about a man with whom I had grown up in Arkansas who was murdered near to Boise. And that was pretty Woodruff. It was a riveting tale because someone I knew had grown up to be a CIA operations officer. And I was in thrilled. But also sensitive to the fact that his family my friends needed information in order to finish their grieving process. So I set about to try and give them more information on what was an incredible mystery. Over these next years Michael will use various skills to win information from the US government. And eventually we'll go to the Georgian government and others. However, the first response that he has as is a genuine who. And why and how because there's an arrest. There will be a trial and then arrest ninety three to ninety four. So we introduce the suspect the man who will be condemned for the murder ends are shar made say who is he and what is the claim of the accusers. Censorship. Am I was a a soldier fighting for Georgia and a Qazi during the civil war there he returned to to see a couple of days before and was allegedly on the road on his way to see his mother after not having seen her for several months. Their car runs out of gas. And he is standing on the side of the road trying to stop cars for gasoline. According to the official version held our Gogoladze speeds by does not dim his bright lights, the drunken Sharma aides it takes offense and takes a pot shot at the Neva that strikes, Freddie, and the head, Freddie is killed Eldar doesn't stop Eldar doesn't close the road Eldar races away to try and get medical care. That's the version that we're given a trial and the trial ends in the conviction of answer. He has two friends with him. Gala and Gennady. They're not accused of murder is that correct? That is correct. They were arrested with answer surprisingly by Eldar Gogoladze, himself and gala and Gennady turn on answer. Accused him of shooting the weapon that killed, Freddie, and ultimately answer himself confesses how I'll be it under torture. Right torture is routine investigation. Investigatory skill used in Georgia and other parts of the South Caucasus and to my knowledge around the world, it does not lead to clarity. And that's what why Michael's here. Now, that's the crime and zora's condemned Michael now begins pursuit that includes. The fact that answer or didn't do it. So who did do it? A couple more details because of the crime, they're all these details. The FBI show. Shows up and does their own investigation FBI officer show up on their given understanding that they will not be at risk in an extremely fraught environment. This is a this is a country that's been cut free of its Soviet masters, but is run by warlords, and gangs and militias. So what does the FBI determined on this theory that the Georgians us that it was a magic bullet? The FBI did really three separate examinations. The I was very very quick within twenty four hours of the shooting in which it FBI agent examined the car and determined. There wasn't a bullet hole in it. Then they dispatch you're shooting team from Washington DC with the hostage response team as bodyguards they are allowed to talk only to the American employees and to visit the site when they go to the site. The Georgians have seeded it with evidence they've planted evidence there and the Americans see that they are being manipulated and wonder whether the Georgians think that they're idiots. They are never allowed to interview the suspect who was later convicted and their only opportunity to talk to Eldar the driver is when he drove them out to the site and their indication from him was that he didn't really know where the murder had taken place and had a difference of opinion with answer as to the location of the shooting. You learn this through the your seeking documents through the freedom of information act or during the nineteen nineties the Clinton administration, and it lays itself out from the US government's investigation of the death of a CIA officer. Now, let's go ten years later your first visit to Georgia comes at a propitious moment. It's the fall of two thousand and three George Bush is in the White House. It's a month before what will become the rose revolution. What did you learn in that first visit and who became your interlocutor your help made through these many years of investigation. Absolutely. The greatest asset that I could have possibly found. A woman named lolly leads became my interpreter. She'd been recommended to me by the local American Bar Association office and was at that time Edward Shevardnadze's interpreter of English she had on her on her telephone the number of literally everybody, I would ever need to talk to and could get me into every office that I wanted to access Shevardnadze is now the silver FOX is now the leader of Georgia having been the last foreign minister for Gorbachev and the end of the Soviet Union is now the leader in Tbilisi. Although Michael, you give the impression that this really no one in charge. This is a series of clans who brush up against each other and settle their own affairs over many years one more detail about that. I visit your then back after the rose revolution. Which happens member of oath of oath? Of a free when a man named Saakashvili who was educated in American speaks English rises to power to replace Shevardnadze returned in February of a four and then you're back again in November of over four. Did you expect the ashville? Administration to be more friendly to you. Absolutely. I had taken the information. I got after my first visit to Georgia and gone to the family of Freddie, Woodruff, simple, pious people and their response to the information. I provided about Enzo shutter my aides or was this is terrible. What are we going to do to get this young man out of prison because he's innocent? They engaged me. John to represent their interest in Georgia to get the young man convicted of that murder out of prison. I then took that very very gracious offer to to your shock really thinking that he would jump at the chance to do Justice to do fairness and to fulfill the wishes of the dead man's family. He opposed me the American government opposed me, and the only assistance I could get we're from retired FBI and. CIA officers and surprisingly from the Russian government. The book is the spy who has left behind Russia. The United States in the true story of the betrayal and assassination of agent. Freddie. Woodruff Markopoulo is the author women come back the rest of the story. I'm John Batchelor..
"markopoulo" Discussed on WBZ NewsRadio 1030
"We check the four day WBZ AccuWeather forecast. Right now, David the storm is nearly here. That's right. Yeah. Not too far away. Just started in White Plains just north of the New York City. So not that far away. Looks like a start time here between eight and ten o'clock this evening, Mike, and it's about a twelve hour storm so about eight to ten o'clock tomorrow morning, it's ending. But during that period of time here are a good four to eight inches of snow. The heaviest will be between midnight and six or seven AM. So right up until the the morning rush. So it's going to be a slow commute for sure. And you have to get what are south here to get some lighter amounts as you get out toward the Cape down to the south coast Raynal Mixim with it to hold the accumulation just a couple of inches, but good general four to eight inches. It's going to be seen over much of the area, and it will get clearing today. Whereas on it up to around forty two degrees. So the afternoon commute not impacted nearly as much, but after that I have to watch for some black ice tomorrow night is plunged down into the teens. And it stays very cold. Than the rest of the week. I'm AccuWeather meteorologist Dave Bowers WBZ. Boston's NewsRadio thirty eight degrees. The temperature right now in Boston box office. Congratulations going out to Esther Markopoulo of north reading Esther. You've won a four pack of tickets to visit the Peabody Essex museum in Salem, presenting. Nature's nation now through may fifth for information and schedules. Visit P E M dot org. 455 on WBZ dime for eye on politics. We got another major storm brewing. This..
"markopoulo" Discussed on News Radio 690 KTSM
"You want to answer. Exposing the lies admits that the big brokerage firms, the mainstream press and the government are pushing to keep Americans away from financial freedom. You can't handle the truth ringing America the truth about what really happens in the financial world, ladies and gentlemen, we're out here to indulge fantasy. But in an economic reality. This is the one-stop whilst. Welcome everybody. All right cited today rogue, I get fired up when. When I get inundated with a lot of emails questions and phone calls over the course of the week, the big weekend program, Ron now, we are live on many stations around the while we go this our time, we go over the satellite is from eight AM to eleven AM on Saturdays, many stations picking up played at various different times, sometimes twice afternoons weekends. That's kind of the nature of the beast for weekend programming. So the best way best way to get in contact. With the reason why we don't take phone calls during the program because Ron here there and everywhere on the weekend is the Email us. Email author even call me during the week people are actually shocked they call and I answer their phone calls. We always have people answering twenty four seven eight hundred four seven one fifty nine eighty four, but we're here to help. And last week on the program. We spent a great deal of time a great deal of time talking about shirts. And it's a very very difficult topic for me to cover here on the program. It's hard talking about shirts on radio a lot of numbers. But obviously, I initiate a pretty good conversation out there. A lot of people calling in signing up for financial planning help kits are insurance health kits and getting the help you need throughout the next. Well, we're gonna be doing it on a regular basis. We'll be getting into various different aspects in particular. Long term care had a lot of questions when it comes to long term care insurance. And I'm going to actually bring an expert on the program within the next couple of weeks talk about that as well. But anyway, very very good stuff. Also got some questions or people actually questioning the and what I was talking about. This is in terms of some of the rip offs and scams that we cover here on the program, and the SCC and FINRA and my thoughts about them. Well, again, I've written extensively about this. And it reminded me of a column that I had written five six years ago. And. I was really kind of turned off who wouldn't be turned off. You remember the everybody knows the big Martin Scorsese film, the wolf on Wall Street and their portrayal of Jordan Belfort and Stratton Oakmont and all of the God awful things that they did. But they didn't focus and the movie, and this is where the movie bothered me. Well, we've bothered me a great deal because the focus was on more. So on the hedonism rather than the people that actually got hurt. And I mentioned here on the program a far superior film. I bet you if you got you sat Martin Scorsese down, and you say come on man, which which was a better period piece about a similar topic. Was it wolf on Wall Street or was it boiler room? I would almost bet that Scorsese would say boiler room almost positive. But anyway, it didn't show in the movie. The pain. The money that was lost didn't show people getting ripped off and scammed and only showed Jordan Belfort and his boys his crew out there acting like animals and Iran hookers and doing drugs and all the things that they did which was true. Most certainly was the case. But out of the stuff that I wanted to see cover well when they screen the movie, they screened it believe it or not downtown York screening for in downtown York down in the financial district. And sure enough. Sure enough all the wall streeters went down there to see the movie. And let me tell you something. It was like a pep rally. It was. I was like a pep rally. Watching these executives. You're watching these people all different levels at the big brokerage firms who in Howard it up with all the all the abuse all the things that were going on in this movie. And quite honestly, maybe sick to my stomach. It really did. Anyway. Again, Belfort was another example, I talked about that. They do. Okay. The government knew what was going on the SEC new back then and SDR they knew what was going on. They didn't do anything. My point has been here on the program. What I'm trying to get across to people is that if you're counting on some sort of government agency regulatory agency to protect you from financial fraud. You will lose. The only guy that has been doing it consistently now for about twenty years on air and much much much longer. We're here at Marquette investments myself here on this program. One of the things that we have on our website. It's our our count repair kit that goes back to that goes back to the early nineties. This system that we have put together still works where we help people. And we show them what it's gonna take to rebuild all of the losses that they were taken in their accounts back in the day. You're all hard. It was for us. We're fielding phone calls left, right? All over the place working seven days a week. Working on portfolios million dollar portfolios. That were now portfolios that were eighty to one hundred thousand dollars people that I had two hundred fifty thousand dollar portfolios that we're now down to fifteen to twenty thousand dollars. Stupid. What are you dealing with those losers for they lost money, then already money left? What are you doing with them? And this Wall Street for you. These people need help is what we're doing. These people have been wiped out. They need. They need some sort of system some sort of plan. Some sort of plan to get them selves back to where they were again, I've talked about here on the program. Many people were so we're so shells so shellshocked so knocked down by this entire thing. They didn't listen. They wanted to believe that for some some some magical thing was going to happen and the crappy stocks a crappy penny stocks that they had their portfolio. We're gonna make some sort of comeback. Or that they could trade their way back. They could trade their way back to where they were there one hundred thousand dollar portfolio. They're gonna make they're gonna turn it back to a million dollars. Yeah. It can be done. But it's gonna take a long time. An essence people doing the same thing. They were doing before and expecting a different result. So yeah, we we've got some experience in this. We've been doing this for a very long time. Wasn't too long ago. I'll give you an example of how it works because nobody ever talked about this J P Morgan Chase big Bank. They finalize the deal with. The Manhattan US attorney, they paid them Q billion bucks. Few million dollars over the fact that J P Morgan knew what was going on with Bernie Madoff scandal. And in fact, aided and abetted here's crime. J P Morgan. Chase had been in business with made off for two decades. And they claim that they did not have the proper systems in place to detect the fraud. Which is ridiculous. Absolutely ridiculous. What J P Morgan did know is that they were making a hell of a lot of money off made off. They could give a rat's ass how he was doing it. They didn't care they were getting paid. Of course, nobody from J P Morgan was prosecuted. And there's countless instances of this. What I found interesting about this. And I wrote about it was the fact that. The United States government was collecting fines. Portion of the money for somebody was going towards the victims of the swindle. Portion of it. But of course, the government has to take its junk as it always does. And the reality is that for the federal government to actually even receive a nickel. Is this swindle in of itself? As early as nineteen ninety two. The SEC ignored all red flags around Bernie Madoff. In fact, there was two accounts that were actually charged with marketing made off investments. With bogus promises of sky high returns. Why he was they went after those guys. What? With made off that might the problem might be with made off himself. Doc about Harry Markopoulo and how he broke down. Adolf scam? And gave it to the SEC saying this guy is a fraud. Yup. Regulators went in and they did nothing. Nothing. Baid off had powerful friends in government. Paid off made enough political donations to keep any the meddling agent's office back. This is how it works. Okay. Talk about they call him a wolf on Wall Street. Jordan Belfort the wolf on Wall Street, if he was the wolf on Wall Street, what would you call these big investment firms today? Where else? Okay. Massive huge scary. Where wolves? Belfort's wolf because. Isn't that he small potatoes compared to the nonsense that goes on today? You want help you on honesty in regards to what's going on. You give us a call. We'll tell you. We'll tell you. It's a rip off. We'll tell you if it's a scam. We'll tell you if it's on the up and up it doesn't even take us that long. Just stop being a victim. Get the help you need get to our website watchdog on Wall Street dot com. That's watchdog on Wall Street dot com. Our newsletter consultations with our certified financial planners, all sorts of great stuff those. Yes. Those.
"markopoulo" Discussed on KUGN 590 AM
"Nine eighty four, but we're here to help. And last week on the program. We spent a great deal of time a great deal of time talking about. Very very difficult topic for me to cover here on the program. Snotty? It's hard talking about shirts on radio a lot of numbers. But obviously, I initiated a pretty good conversation out there. A lot of people calling in signing up or financial planning health kits are insurance health kits and getting the help you need throughout the next. Well, we're gonna be doing it on a regular basis. We'll be getting into various different aspects in particular long-term care had a lot of questions when it comes to long term care, and I'm going to actually bring an expert on the program within the next couple of weeks talk about that as well. But anyway, very very good stuff. Also got some questions or people actually questioning the and what I was talking about. This is in terms of some of the rip offs and scams that we cover here on the program, and the SCC and FINRA and my thoughts about them. Well, I've written extensively about this. And it reminded me of a column that I had written five six years ago. And. I was really kind of turned off while who wouldn't be turned off. Remember, the everybody knows the big Martin Scorsese film, the wolf on Wall Street and their portrayal of Jordan Belfort and Stratton Oakmont and all of the God awful things at they did. But they didn't focus and the movie, and this is where the movie bothered me. Well, we've bothered me a great deal because the focus was on more on the hedonism rather than the people that actually got hurt. And I mentioned here on the program a far superior film. I bet you if you got you sat Martin Scorsese down and you're at a second man, which which was the better period piece about a similar topic. Was it wolf on Wall Street or was it boiler room? I would almost bet that Scorsese would say boiler room almost positive. But anyway, it didn't show in the movie. The pain. The money that was lost didn't show people getting ripped off and scammed and only showed Jordan Belfort and his boys his crew out there acting like animals and Iran hookers and doing drugs and all the things that they did which was true. Most certainly was the case. But out of the stuff that I wanted to see cover well when they screen the movie, they screened it believe it or not downtown you're screening for in downtown New York down in the financial district. And sure enough. Sure enough all the wall streeters went down there to see the movie. And let me tell you something. It was like a pep rally. It was. Was like a half rally. Hey, watching these executives you're watching these people all different levels at the big brokerage firms who and Howard it up with all the all the abuse all the things that were going on in this movie. And quite honestly, maybe sick to my stomach. It really did. Well, anyway. Again, Belfort was another example, I talked about that. They do. Okay. The government. Do what was going on the SEC new back, then and SDR they knew what was going on a didn't do anything. My point has been here on the program. What I'm trying to get across to people is that if you're counting on some sort of government agency regulatory agency to protect you from financial fraud. You will lose. The only guy that has been doing it consistently now for twenty years on air and much much much longer. We're here at Marquette investments myself here on this program. One of the things that we have on our websites are our count repair kit that goes back to that goes back to the early nineties. This system that we had put together still works where we help people. And we show them what it's gonna take to rebuild all of the losses that they were taken in their accounts back in the day. How hard it was for us. We're field and phone calls left. Right. All over the place working seven days a week. Working on portfolios million dollar portfolios. That were now portfolios that were eighty to one hundred thousand dollars people that had two hundred fifty thousand dollar portfolios that we're now down to fifteen or twenty thousand dollars. Stupid what dealing with those the losers for they lost money that already money left. What are you doing with them? And this Wall Street for you. These people need help what we're doing. These people have been wiped out. They need. They need some sort of system some sort of plan. Some sort of plan to get them selves back to where they were again, I've talked about it here on the program. Many people were so we're so shells. So shell shocked so not down by this entire thing. They listen. Hey, wanted to believe that for some some some magical thing was going to happen and the crappy stocks crappy penny stocks that they had their portfolio. We're going to make some sort of comeback. Or that they could trade their way back. They could trade their way back to where they were there one hundred thousand dollar portfolio. They're gonna make they're gonna turn it back to a million dollars. Yeah. It can be done. But it's gonna take a long time. And assets people doing the same thing they were doing before and expecting a different result. So yeah, we we've got some experience in this. We've been doing this for a very long time. Wasn't too long ago. I to give me an example of how it works because nobody ever talked about this J P Morgan Chase big Bank. They finalize the deal with. Manhattan, US Turney, they paid them. Two billion bucks. Few million dollars over the fact that JP Morgan knew what was going on with Bernie Madoff scandal, and in fact, aided and abetted his crime. J P Morgan. Chase had been in business with made off for two decades. And they claim that they did not have the proper systems in place to detect the fraud. Which is ridiculous. Absolutely ridiculous. What J P Morgan did know is that they were making a hell of a lot of money off made off. They could give a rat's ass how he was doing. It. Dating care. They were getting paid. Of course, nobody from J P Morgan was prosecuted. And there's countless instances of this. What I found interesting about this. And I wrote about it was the fact that. United States government was collecting pines. Portion of the money for somebody was going towards the victims of the swindle. Portion of it. But of course, the government has to take its chunk as it always does. And the reality is that for the federal government to actually even receive a nickel. Swindle in of itself. As early as nineteen ninety two. The SEC ignored all red flags around Bernie Madoff. In fact, there was two accounts that were actually charged with marketing made off investments with bogus promises of sky high returns. He went after those guys. Do with made off that might the problem might be with made off himself. Talked about Harry Markopoulo and how he broke down. Off scam. And gave it to the SEC saying this guy is a fraud. Yup. Regulators went in and they did nothing. Nothing. Laid off had powerful friends in government. Paid off made enough political donations to keep any the meddling agent's office back. This is how it works. Okay..
"markopoulo" Discussed on MacBreak Weekly
"Told me kind of funny. Christmas. For him. Get dinosaurs dinosaur, cookie malts, he's not allergic to the dinosaurs. He nobody's allergic to dinosaurs. Alex Lindsay pick of the week. So I am I am I had a I had a reverse pick a couple months ago with the NPR app because they took away the playlist. That. And and I was you know, my whole equilibrium had been kind of thrown off. And so I'm I'm returning back to pick the NPR app because they have added the playlist back into the app. Not only have they added it back into the app, but it is better than it was before that was a great feature because you could basically line up all the shows you wanted to listen to get new are for a long trip was doing every day. Yeah. And then I stopped and literally just kind of went NPR LA's, you know, for a long time because I just didn't want. There's NPR has in my opinion has a lot of fat in in the in the standard morning afternoon. There's just a lot of things I don't care about. And so there and they're about every two or three are like I don't want to listen to that. So having to skip through them was just kind of a pain. I also like to reorder things like, oh, I think this is these are more important stories that if I don't get through all of them. I wanna make sure to listen to these ones, and I want to rearrange them. And so that's all back. It's all possible on the up. And and the best thing that they added is that now when you're in the playlist. One of the things that you had to do before you had to go to the story, and then added to the playlist, which is a pain in the neck is once I see the title. I know whether I want to listen to it or not I don't need to read any more description. And so they've added the little check Mark. Now, that's on the on the list of you open up all things considered or if you open up morning edition, or we can addition or whatever they you can now have you have the little the little check Mark right by the title. And I know it seems like a little thing. But if you're building to play list, it's a real it's a real time saver if you're doing it every day. And so I it's actually better than it was before it's a great addition in back to listening to my NPR, everyday and acquire. It's it's pretty much. I listened to a lot of different news sources because I think you should I don't think you should trust anyone source, but but kind of the backbone of of knowing what's going on each days is usually listening to morning edition and all things considered a marketplace. Marketplace is still all one big thing. But for some reason marketplace's denser, and I I just. I had the exact opposite relationship with marketplace. They do all the stories separately. And I'm like just keeping Markopoulo whole half hour because it's it's very rarely. I don't wanna be interrupted and try to figure it out. I actually so it's it's it's two opposite relationships that I have. But those are kind of the things I do anyway. So it's a I'm putting it backwards. Great. It's it took it off because you put on the playlists the playlist is better than ever. So if you if you missed it, it's an an and it's the way to listen to NPR like once you get used to build your own playlists. You will never ever go back to listening to any in any other way. My -pinion. I will tell you something that NPR told me this morning just if case you've got any Romain lettuce in your frigerator throw it away. You know, I don't having CDC's saying there's an e coli outbreak in all Romain lettuce don't serve it for thanksgiving all remain lit us should be thrown away. So just a little. Where to warning here. I have two picks one you should do when you should absolutely not do how about that. So I this was and actually have tried it. But I want you to try to Alex. It's AT free app noise reduction up the mutes the background noise during your calls..
"markopoulo" Discussed on The Complete Guide to Everything
"Called tool time. There's a TV show called home improvement unless they lived in the home improvement universe. There's no TV show called or if they were talking about maybe they're watching maybe they're like cuts online of just tool time tool time good show, a better show than home improve. I'm sure there's like somebody online. That's just edited out all the tool time segment and put those on lines. So then you could watch tool time. Yeah. And maybe if I was like excuse me, sir. The Che's called home improvement. Not tool time, they'd be like I'm talking about watching edited segments on the internet that are just a minute. And thirty seconds of tool time have you ever been to the Tim Allen sub read it where you can get? Cuts of time. Also, the other thing in Vegas. I knows right after I got off the plane is that there's a lot of like men older than us like ten years older than us that thirties that. Still think mall punk is a desirable. Yeah. Yeah. Was it Mark, hops. It wasn't Mark hopping. No. But I saw like a lot of men his age that seems like a like one of the Vegas styles guys in their late forties. Dressing like a two thousand and two puncture get I mean, and I like I don't think more copies like dresses like that anymore. Right. Like, even on tours and stuff like that. I imagine like he wears like probably like a lot of black just kinda like nondescript clothing, look, he seems like a nice guy. Oh, yeah. Absolutely. But I'm nothing against the hob. And that's my point like, I don't think Markopoulo probably dresses like he didn't the nineties anymore. Right. But a lot of men who presumably did. Even have an excuse. It would be very lucrative. Costume that. I wear. A mandate. Alice Cooper for wearing all that face pain. Right. But there were a lot of people. They're probably like fans of that kind of stuff that that. Yeah. That's that's how they like. I saw I saw man easily in his fifties wearing jinx jingo jeans. They're coming back. Well, any was riding a skateboard coolest way to get around for any age. Yeah, you're doing that in Vegas. It's the desert all sand or sand in your pain. Yeah. They have pave some of it was there were there, roads and stuff. The road was called the Las Vegas strip. It was that whistle because he think like that's where the strip club is. Now. I think the strip club is everywhere. I didn't see any strip game. I hid myself year. That's a later topic. Okay. But I got off the plane went to the Las Vegas strip the sunset strip. No god. Dammit. You're in LA. Yeah. Very stayed the sentence for at one time I stayed on the sunset strip in Los Angeles. God, dammit. It was not good. Yeah. Yeah. Too bad part of town. Motel six something. One of those. Yeah, it's bad read Rufin. Yeah. There was one room that didn't have windows in it. Rooms to go in there. I was there with my band. Okay. And there were five of sharing a room. And so there was one room that had Queen bed that three of us shared. There was another window. Through. Yeah. Another window list. The head a stain on the ceiling above the bed, which is like what tragedy happened here that the ceiling probably a tragedy. Happened upstairs from that room. Yes. So anyway. The Vegas trip. Say like can compare them. But the hotel talk reminded me of the hotel talk that I wanted to talk about when I said, I forgot what I was gonna say was that somebody I was talking to their had gotten in late and they had to. So you know, they they got in late, and this another thing these frigging casinos, and we had this happened. Once I think when we went to Atlantic City for a friend's bachelor party where you get there. And they're like, well, I have a reservation under Reynolds..
"markopoulo" Discussed on Historical Figures
"There would be no more world travels for the world's most famous world traveler although he and his uncle my fail were said to finance other expeditions they never returned to asia or the silk road instead it would be the quiet family life of an italian merchant marco lived in venice for the next quarter century he contracted an illness in thirteen twenty three and was confined to bed reportedly when marco polo was on his deathbed he received friends and fans who beseeched him to come to clean they said now that his life was coming to an end it was time for him to confess to his bold exaggerations but he refused saying he had not written half of what he had seen still he was popular tab so many people coming to visit him at the end that's right but sadly there would be no recovery marco polo died in january of thirteen 24 his final resting place is in dispute which is so marco polo even in death there is controversy over the facts some say he was buried at the church of san lorenzo in venice but that his tomb was lost when the church was remodeled others say he was actually buried at the church of sense a best yano but either way he passed on and his beloved venice survived by his wife and three daughters a successful husband and father ultimately what was marco polo's legacy obviously he has a place in pop culture there have been films about his life a net flicks television series a video game is even in a guy called commercial depicting marco polo playing the pool game marco markopoulo yes the pool game but how did the italian merchant become the subject of a pool game for children like most everything else about marco polo.
"markopoulo" Discussed on Adventures in Finance: A Real Vision Podcast
"And he was so i as i was love of that not because i think is a good idea but because i see creasing via an and unfortunately think you're right and will only seat increase or grant before we run out of time out let me move on to my short for the week which is actually not i don't know if which one is morse is is is sadder but i am short g and recently jeffrey mo who is the ceo who will go on talking about jeff remote announced the transition plan and who know john flannery is going to be taking over as new appointed ceo of a for g and basically it should they talked about how g has the largest pension shortfall of all the sp five hundred s p five hundred companies and of any corporation in the united states and so they have essentially a thirty one billion dollar pension hole on their balance sheet meanwhile the past couple of years g has spent forty five billion dollars on share buybacks yet the i so this article and shameful frankly an but again we talked about blame a some of the blame he has to go to shell does you should be in those shareholder meetings agitating and and make a lot of noise about this and say hey you would they lead him but of course the five banks boost the share price and so this is all about incentive systems the incentives for executives to get paid off a full shepherds performance and shareholders to to see the devaluation of stocks cup plus of course you've got the fact the jeez other how many etf setzer is suggests because as you very hard of but that none of that helps this either but i i totally agree getting it's absolutely shameful yup it shameful one and unfortunately probably going to see more of these these headlines emerge caroline manziel's prevention and slugs obsolete and has a lot to do with our commentary future this week where we're going to be river revisiting one of my all time favorite real vision tb interviews harry markopoulo s now harry's irreverent style and just just going after what most in the industry would consider sacred i think.