19 Burst results for "Tom Wright"
"tom wright" Discussed on Skip and Shannon: Undisputed
"They had a twenty five. Twenty your Jameis Winston. All those two hundred yards and thirty three touchdowns but they went with. Tom Brady forty three. Oh we know what his past? We know what he's accomplished skip. That's a leap of faith. Faith what he did he'd have a choice. Don't wait a second time out. A leap of faith is a gamble. It has some fear factor to it where you have to plunge close your eyes and plunge the box didn't have to close ours and plunged. Thank you God. Tom Brady fell into their laps and they said we can't wait to go with Tom. Brady for two years. You You tell me that when Koji doors teams Play owner than teams. Move on ball player. You should be suspicious. Coding Belichick to everybody says argument. The greatest coach of any sport unwilling to give a contract extension. While will obviously bill bell check deals like he's earned the ride. After twenty years with Tom Brady to prove to the world he can win a super bowl without Tom. Brady and I'm fine with that. I don't condemn him for that. Let's see here. We go but again I. He had an ulterior motive. That was a selfish motive. It's not that he's saying Brady can't play anymore is saying I need to. It's time for me. How old is he sixty-seven? It's time for me to start from using. I can win one without Tom Wright. Were here's the thing though skill. He's not saying that Brady can't play. He said I don't believe Brady can play at the level it for the money that he's a check that's what he believes was scale. We need Brett. Farve is absolutely wrong. Tom Brady did not take a leap of faith. A leap of faith leaving something and it's going a news. What did Tom Brady lead? He didn't have a contract if he had two contracts he asked for the Patriots to release or trade him. That leap of faith to give back without a job will take a leap of faith. I started something new without.
What happens if Uncle Sam goes home?
"Support for Donald Trump and Bernie Sanders indicates more and more. Americans are questioning the nation's role as global leader. But what happens if Washington Jettison? Us alliances and ended the Ford Presence of U. S. forces according to Thomas wrought in the Lightest Foreign Affairs magazine. That's a distinguished New York based journal a strategy of Retrenchment. He argues would among other things. Destabilize the regional security orders about Europe and Asia increase the risks of nuclear proliferation and aggravate the threat of major power conflict. The foreign affairs article is cold. The folly retrenchment. Why America can't withdraw from the world? The author Thomas Rod is director of the Center for the United States and Europe at the Brookings Institution and is affiliated as Nonresident Fellow with the Lowy Institute in Sydney. He's based in Washington. Hi there Tom Hi Tom. It's great to be Richard and join us in cine studio. Is Doug Bandow? He's a senior fellow at the Cato Institute also in Washington a former special assistant to President Ronald Reagan and this she's scholar in residence at the Center for Independent Studies. That's a Sydney based think tank that I had welcome back. I glad to be on Tom. Tom Why do you still support a foreign policy? Strategy that Yusei quote has served the US. Whoa for decades. Well I think that the you know the. Us has had a critical role to play in Europe and in Asia since the end of our two and then after the Cold War And I think it really has worked. You know it's it's created sort of stable open and prosperous regional orders. I think if the US was to withdraw from those regions those orders will be at jeopardize some. We'd see all sorts of negative effects and I think as we look at American farm policy. Be Up to distinguish between some of the conflicts in Afghanistan and elsewhere that might make sense to to to pull back from or to to to end and the more broad sort of American commitment to international security. And I'm sort of worry that we might throw the baby out with about water in this when we talk about you know how engaged the US should be in the world but your critics would say that the US has over extended itself Particularly in nations. That don't directly affect the American national interests. I think of Afghanistan Iraq Libya many people would say strategic disaster after strategic disaster. Doesn't that undermine the case for? Us Global leadership role. Well I think that we can. We can debate the merits of of each of those and certainly in Afghanistan. Icee in the piece that it's time to end the the Board Air. I think Iraq is a sort of a tricky case because there needs to be some sort of a small presence to prevent the resurgence of Isis. And but the main point of the piece actually is that the US has not overextended in Europe and Asia. So all those cases you mentioned are sort of the Greater Middle East right there nod And Not in Europe not in Asia and I think the strategy in those two regions is basically working has worked quite well and so I don't really see the evidence of an over extension in either of those two places over extension dot band. I think we're clearly overextended. The problem is it's going to get worse. You look financially at the United States. It has a trillion dollar annual deficit for the foreseeable future without a financial crisis. Those numbers will get worse of the entitlements. Is the elderly retire? The question is how one maintains globe spanning military capable of trying to contain nations along their borders essentially everywhere and also fund other commitments. I think is going to put enormous pressure on the US budget. And I think what we see today is basically an overhang of a policy. It's inertia for policy that worked well in terms of containing the Soviet Union but doesn't make much sense when it comes to Russia and a policy that in East Asia's very complicated China's strikes me as being the major problem that we face but it makes no sense to extend ourselves everywhere for primarily concerned about China. I kept isn't a US. Pullback from Asia and Europe want that be more likely to embolden regional powers like China and Russia. I don't view Russia's being particularly strong power the stage Russia doesn't dominate Europe the way the Soviet Union threatened do so Russia doesn't have anywhere close to the relative strength towards Europe that China does Europe strikes me as being a very good example of where history suggests we should change policy changing circumstances. Meena change the policy now argue frankly. Us policy's been destabilizing. American policy towards Russia in terms of NATO expansion involvement in Ukraine and Georgia has actually provoked the Russians and has created greater problems there and argue greater threats than an alternative policy. Would Have Tom Rock. Well I guess I would sort of ask Doug if you pull of NATO or reduce the US commitment to troops in the to to the countries in the Baltics Eastern Central Europe. I mean I see the presence there as having a deterrent effect. In that if we didn't have NATO Basically have Russian incursions into those countries in greater instability. I also think NATO helps to sort of try to slow the rise of authoritarian intimate some of those countries. We have big problems in Hungary and elsewhere. I think if NATO was to disband pullback those problems get worse than that. We need to be more focused. On Democracy. In those countries that are currently in the NATO Blah if as the retentions argue the US should basically withdraw from NATO or weedy ended started military. An present there that will have significant negative consequences in another part of Tom. Wright's thesis in his Foreign Affairs as I dug Bandau is that. Us retrenchment leads to nuclear proliferation that is US allies. No longer protected by uncle. Sam would be tempted to acquire nuclear weapons of their own. Why Co that danger Doug Bandow? Everything's relative here. Sometimes you live in a world with bad choices so if the question is to the United States forever defend lots of allies being willing to sacrifice American cities to defend them or should they have nuclear capabilities. Themselves it's not so clear to me. That proliferation is such a bad thing. It's not a good thing but the question is does. The United wanted to risk Los Angeles to protect Taipei and Sydney and Seoul and Tokyo should the US be prepared to risk. You know. The United States still cities and dealing with Russia when in fact already Britain and France have nuclear weapons. Perhaps the European Union are some European defense for should also have nuclear capabilities. I don't think that it's a good alternative. On the other hand the assumption undebated you know kind of unconsidered. I think that. Us should of course maintain this Really starts falling apart especially in Northeast Asia if North Korea possesses missiles capable of hitting the United States and targeting American cities doesn't make any sense for the United States to be prepared to go to war on the Korean Peninsula. What risks are at stake? What interests are at stake? I look at that and say this really is at point to argue that. Maybe we need to reconsider. Who has want Tom Rod on that note? How would you respond to Doug? Bangles question does the. Us wants to risk of Los Angeles to protect Taiwan. Yeah I just. I just think it's really. You know in the exaggerated concern. I mean this is a very real concern. At the height of the Cold War there was a problem. Extended deterrence you know. Obviously there was a number of Said's and brinksmanship but since the Cold War the US has been able to deter Russia in Europe and Saudi. Different way you know actors in Asia what I going to the brink of a global crisis and You know that would precipitate nuclear war. Hasn't we haven't seen that pattern of crises in the last three decades so The evidence would suggest that deterrence in Europe is fairly stable. I came guests. Doug band out from Kite. When Thomas Rod from Brookings? Both prominent washington-based think tanks. And we're dividing. Tom's lightest site in Foreign Affairs magazine. The folly of retrenchment. Why America can't withdraw from the world before we turn to Australia's neighborhood in is Doug. I just want to put it back to you on this question of pulling America out of certain regions. Say the Middle East if the US pulls out of Iraq and Syria a want you just invite those suny jihadist or even the Shia militias to fill the void while they're already there. I mean the reason. Shia militias are active in Iraq is because we blew it up. I mean the notion that America promotes stability in the Middle East. I think is a fantasy the? Us helped blow up Libya now. We created the precedent that if you're dumb enough to give up your nuclear weapons and missiles we take you out who what dictator wants to follow more Merck Offi. I think the the Iraq circumstance you cannot complain about Iranian involvement there when we took out the anti Iranian dictator. So I don't see us as being able to promote relative stability in Iraq in twenty eleven when Obama Administration withdrew. Us troops that created a vacuum for those Sunni. Jihadists non-islamic stunned. I mean th this. As soon as you hottest were active. The reason we have al-Qaeda's it was created al Qaeda in Iraq which transmuted into Isis Obama pulled out following the George W Bush plan Bush could not get a status of forces agreement through when he had all the troops. So the blame Obama for this. I think is silly. And if American troops had been there there's no reason to think they would have maintained stability they would have been a target not only of Shia militias it would have been targeted Sunnis. Both sides would viewed the United States as being a problem. I told me dot band now. He he's a former Reagan. Adviser Menu reflects with I express themselves in different ways Obama trump and sands would essentially agree with Doug Bandow. How would you respond? But I think Obama. The Obama Administration came to the conclusion that it had sort of made a mistake in pulling out of Iraq in the manner in which it did because it went back in. You know to fight. Isis applied played an isis merged So I think you know. I think there's a tendency when we look at these issues you know to say the US withdraw from all of these conflicts to say. It's a Bama toward the beginning. Iraq was the wrong war. Could start it on false. Premises and Afghanistan was the good war Because it was legitimate when it began and broader than looking at the strategic consequences of both which are sort of independent of the causes right. And you know if you have a country `significant you know as Iraq in the heart of the Middle East. What goes on there has consequences and consequences for the region at a time when there is still continuing terrorism threat. I think is happening now. Let's bring it to Asia a dog. You obviously five a retrenchment of US power from not just Europe in the Middle East. I completely get that but you also support a retrenchment from East Asia question. Why China just feel the strategic vacuum left by Uncle Sam and therefore threaten the integrity of many sovereign states in the region. Doug Bandow well. China's the great challenge and the question of how to deal with China. There's no easy answer. I think the question of what America's role should be. It's clearly much more of a backup role it's not America's job to protect scarborough reef for the Filipinos me last year. Rodriguez territory announced after the Chinese Sankar ship. The US should send the navy in and start bombing. And I'm here with them. I mean it shows the danger of essentially transferring these decisions to local powers. And there's no doubt I think providing security guarantees
No. 3 Kansas ends No. 1 Baylor's 23-game winning streak
"Eight Tom Wright Baylor's big twelve record twenty three game winning streak that's over as well the bears falling to number three Kansas sixty four sixty one you don't get as a booking another huge game for the Jayhawks twenty three points
"tom wright" Discussed on VIBES-LIVE
"Stole. Two free. Frost? Has. No. In this world with don't in go off my daughter's big, Tom Wright, big pin on the mission noted Tom where the team appeared at all for that won't me without. All in the name of the solution in all the soldiers to win the same cash for to sit. I still put faith. They. Full presidency break free. Public. Fifties case. For they clocks. States stint of western of keep pressing in. Self you with. Chase the money. You can take on. Rookie Ben Franklin. Like city life word chase. Peppering nightspot make pole in the street for can't be pink with copper. Time phone in raise known the kid popping two different world. You can call it sin. Cut me. No magic carpet. Different. Nowhere thing that he'll man up play for the school truck it proponent he'll man shot that housing this one hip forever. Saint kenya. From the collector Kelly. Kelly. Get the work that we meet. Trashing for crates move shell is three pin net point mouth. With in the pain. We got like. Be separate safe going. Stay deli shooting. King don't live in the palace. It's still Jesus music. When you hear it in the. The tissot. Me women hanging out with the Kelly London stealing dry where we're had cuts. This. Just. No. Gotta love. Bond. James? Thanks. Used boats and helicopters to rescue people from flooded parts of northern Australia where forecast call for more heavy rainfall more than eleven hundred people have been rescued from their homes and evacuation efforts are continuing more rain in Townsville and the surrounding areas over the next two days could cause flash flooding the floodgates of the city's dam were opened earlier to prevent the Ross river from breaking its back. We use. After. Son. Long. Everybody. So. Feeling. Spree. Speech. Free. News cruiser. In that. Swinging. Everybody's on the word. Likes. We use. All god. Have dr. Please. Problem. So. Scree soul. Good. Should I like to swing real? Everybody off. When. Dr. Spray. Three. Stray from Seoul. Straight. Straight. About. Strays? Straight. Place to be for free airport, Robin. On clinker spindles running productions little Little Hayes. Hays country, all the PD. All these join seem chat room this song. As we go from the floor. With robin. Kemin? She to win the gusto thing play it back may. Chamber. He. Doc. Helping the morning. Computer? Yo, what's? Still winning. What this? Jumpy from the page. Challenge bringing aid away scale. Twenty four seven blown. Spoil call it. Prime swing on the microphone for the chat room. With robin. Doing the gusto think play pacman. Chair. This is Dr. A game day exclusive going ladies pop. Conversation in a chat room move me. Y'all it where we doing now? Like a college. Student concrete went to steps to Three. bring. Baby girl on the hoax like she's still store going to catch you into a motive. Pretty close with the stepping Willie Brown he'd dropping west coast. Sam from the cram like. Like, we ramped up fighting. Putting feel talk back. Spach posts another chance. With rapidly. All the kids. She to win. The gar store thing. Play. It back may. Chair..
"tom wright" Discussed on The Complete Guide to Everything
"Plate right of the dishwasher could be food. What time you leave this copy, honest with you? Sometimes I set this thing to make a meal, and then it's it's an hour before I get to it and eat that meal. I'm grateful. It's been keeping the food warm. Yeah. Well, that's nice. So it serves a function. Yeah. And no in all honesty. That's nice on saying. He's like, yes. It's a nice feature. It's a feature, and you're like to crab each I'm a little little peeved. And I'll tell you why. All right. I got an instant pot like a year and a half ago. And like, it's I know it's a superhero movie. So like you didn't hear a lot about it. But this is kind of been like a phenomenon like PM, you know, hundreds of thousands of people by these things and they love them. It's a very well. The you know, how many millions of people saw the offenders. Okay. It's a it's a great selling appliance that that people love and people like really fall in love with this thing. Right. And so married one. On four had sex with them. I'm sure is I listened in warm function. But freaking. I I suggested we do this topic probably seven or eight times in the last year. And you got an instant pot. What yesterday? No, I got one for Christmas. But I used it for the first time a few days ago. Yeah. And suddenly, you're like I want these things maybe we should try doing an episode on. No, I wasn't. I just threw it out there as an idea, and then finding what you wanted to get here today. And you're like do you have one of these? Like, you don't even God damn listen to me. I mean often I don't that's a fair criticism. All right. Well for those of us that don't. Eat all our meals out of a freaking pizza box. Eat a lot of pizza, Tom Wright and other meals. I put in a pizza box for a hobby plates. How often do you make your own meals?.
"tom wright" Discussed on Rich Dad Radio Show
"This is a very important show because you'll find that what's really going on the banking system that little friendly neighborhood Bank on the corner of there is not really good for you. It's not good for you. So that's what the show about jaylo or Jolo's was about how did a twenty seven year old job yellow Chinese kid from Malaysia. Repulsed billions of dollars, and you're gonna find out what motivates the banks get sucked into this questions. And the name of the book is billion dollar whale, and it's a true story and based on two very, very smart smart Dern list of the Wall Street Journal. So I highly recommend it. If nothing else, it's going to be entertaining. And I'm really interested to see what happens. I mean, this guy, Tim, lice, ner he's, he's a key player in this thing can associate out no Malaysian. He worked very closely with Jolo what's going to happen there? What's going to happen with lows? Joma having new book is called fake fake money, fake teachers and fake acids, and what we're hitting on in this program. Here's what really goes on behind the scenes. While you sit in their walk into the Bank, checking another credit card, putting money in checking account, your wealth is being ripped off. So the book is called fake fake money, fake teachers and fake assets, because that's why. Had Tom right on this program to promote his book billion dollar whale, and the story is still unfolding the best parts of check out this little Asian guy was hot blonde. Well, that's kind of like me. Kim on Mike, but anyway, Perez Hilton much better than shoes. Okay. Chris, pushing Elissa. This question is from amber in Denver, Colorado. Favorite book, rich dad guide to investing Robert, how to banks make their money. And do you see a collapse coming in the banking industry? It's a fabulous question was ago shamelessly pump. My book fake is because that's why the rich that company was flounded years and years ago. Well, twenty years ago, but my search began in nineteen eighty three. When I read the book grunge of giants by Buckminster, fuller and grudge was bought a hell. The ultra ultra ultra rich people. We never see a ripping us off every single day and more and more books are coming out like the creature from Jekyll island by Jesuit Griffin and road to ruin by Jim's records more and more is being disclosed. So we'll let crash probably because it's so corrupt. But if you read records, book, read Griffin's book. Krisha them Jekyll Allen. This is part of the process. What they do is a crate, all these huge loans. The thing crashes has happened back in the savings.
"tom wright" Discussed on Rich Dad Radio Show
"They ripped off their Clinton, but wh what's going to be interesting here is, you know, what did this Bank, Tim listener, the partner who was the golden party who was really to what did he know? And you know, after he left Goldman. Asia the time, yes, and then new Jolo and spent a lot of time with Jolo and when he left in two thousand sixteen, as I mentioned earlier, he tried to set up a. He tried to help Jolo by a Bank in Mauritius, and this is at a time when we'll come out and then news started to come out in Jolo can't use the American banking system. There's a lot that we don't know yet. Why was he? Why was he doing such such. Thank you very much. The book again is the billion dollar whale. It's better than any any TV. This is real. And how at twenty seven year old kid can be the biggest Bank robber possibly in world history and it's ongoing today. So thank you for your conscientious reporting. Thank you. The true crime thriller. It has the finance lessons, but it's really a, it's really a thriller. Money can buy you anything. There's a picture of those fat little Asian guy was Paris Hilton and all that you go home paid for who he paid. He paid to the world. Money can't buy you love escort for the day. Tom. Thank you. Thank you for your great work. We appreciate it. Thank you. Thank you all the best to you and we'll come back with going to ask Robert, you're listening to the rich dad radio show with Robert kiyosaki. Don't be like Charlie, Charlie is that do-it-yourselfer who does himself in do it. Yourself is good for tile and grout. It is not good for asset protection, Charlie thought he'd save a few dollars forming his LLC online.
"tom wright" Discussed on Rich Dad Radio Show
"Yes, exactly lifestyles of the rich and famous attended this policy. Now, Ruben each was confused because Robin Leach should have been used used to covering celebrities who wanted their parties and spending to be in the pages of us. Papers. Joke Jolo invited, Robin, Leach told him, we, he writes about this because obviously the money was stolen and Robin. This is the prologue of book this party, and we, it was excerpted in the Wall Street Journal just last weekend. You know, I'm one of those kids who was never invited to the parties in all. My friends are invited to parties and stuff like this. I was never invited. That's why ever close kindred spirits. Right. Well, tell you what. This one. I mean this this party it involves like a loss of Vegas strip and Robin Leach said the most celebrities than at anytime body Oscars. You know, DiCaprio was on stage rapping Britney Spears the found of a birthday cake. The, you know, Kim Kardashian? Was there. This is two thousand twelve. Is this really like this? You You never. never know. Now this is peak. We call it peak Jolo. And they're about to stop, filming the wolf of Wall Street. Thanks, he's done with it, but you actually started asking me, whereas you now said that that was peak Jolo then in two thousand fifteen. When we broke the stories about him, he was banished overseas by his protective of Malaysian Prime Minister because there were always questions at home about who is this guy, and he taken all this money and he goes to China. He's an ethnic Chinese Malaysia, and he goes to China where he starts to do deals with Chinese state owned companies to invest in Malaysia. Now his protected. The Malaysian Prime Minister is still in power. And so they do these deals and they, they his those deals with Pat padded meaning that the Chinese state on companies overpay over page to build infrastructure in Malaysia and more money was taken. And this was some kind of tempted to fill the holes from the earlier for that had gone on. And as far as we know he is still in China, the the Malaysian Prime Minister has protected nudge, ab- lost power. Power in may and election in. By friends out there, huge, huge news because militias like many countries in the world. I don't think Americans always realized this little countries have a cool democracies. They have voting every five years or whatever it is, but they are extremely corrupt and the legal systems, judicial systems, not independent. The press is not free and Malaysia is a democracy, but it was a deeply flawed one that was terrible. Gerrymandering of election districts has lots of money flowing around and cash during election times to to buy votes. But despite all of that and despite the prime minister's hold on power through the sort of corrupt electoral system, he still lost because the Malaysian people was so angry about this corruption, right? It's their money taxpayer. So they're going to be on the hook for the money. This money, the Goldman helped fundraise will start coming Jew. These these, these bonds will start coming to you in the next few years. You know, billions of dollars that these these tax payers will be on the hook for. So they were angry. So they kicked out not Jeb and that changed the game. Suddenly not you not been cooperating with the US which was investigating this. The US is interested in story because the US tries to police corruption. It doesn't want corrupt foreign officials coming and buying assets in the US and Jolo had bought bought the Time Warner penthouse at Yonsei, had once rented. He, he had obviously bought this film company. He bought mentioned in LA. He bought a Lerma Taj hotel in Beverly Hills. He she bought a sticking EMI music publishing. He bought the Park Lane talent, central park, Sally, all of these assets that the US department of Justice is now seeking to seize..
"tom wright" Discussed on Rich Dad Radio Show
"They are now part of Hollywood, then the whole thing blows up on him. Well, I mean, nobody really knew about the militia connection. Gelo Joe never did anything. He never sort of acted like mogul in the limelight, all of the rain behind the scene. So there was rumors in Malaysia. This was, you know, the actual front man of the company that made the wolf of Wall Street was the stepson of the prime minister of Malaysia, an an an another American guy, joy McFarland who were the co, founders of the company. Jolo is always in the background arranging the financing, so so going back to Wall Street for just a moment. Tom, you know, in the US we're told since the since the great recession the Wall Street's going through all this reform and regulation and things are getting tighter and we're, there's, they're more. There's more accountability is there is one. The one question that we ask towards the end of the. A book in a chapter cool, white collar crime. You know, obviously, no Banco went to jail for the after the global financial crisis, or I think maybe one Banca did I see different accounts of this credit? Swiss banker maybe been really know senior executive went to jail. And so the question here is, you know, does does anyone from Goldman get sanctioned there have been some arrests will ready in sentencing in Singapore of of executive who with the Swiss Bank that I mentioned earlier that took the money Jolo basically took over the Swiss Bank could be SI and all the executive working for him and a couple of executives from that Bank in Singapore went to jail. But in general, you know, in the last in the last ten years since the crisis, the rule is being that white collar crime doesn't lead to jail. Time leads to deferred prosecution agreements. We're, you pay a lot of money for these. Who went to the White House has Trump's adviser. He was he was Goldman on Gary Cohen played fairly large role in this. I mean, he wasn't the guy on the ground over if he was president of Goldman very high level executive, but he was it. This thing this program is I Goldman cooled that was called Mon informally called monetize in the state, was his with his thing. And this was you know, the idea that big pools of sovereign wealth and you go, go and co invest with them, could advise them could help them raise money like they did in this case in Malaysia all over the world, every state has guys enter. Yeah. And every doing this, everything. For these banks? Yeah, and and. Cohen Cohen when there was pushback inside Goldman about Rx about lowering the cost, you know the fees, they were challenging. The Malaysian fund Cohen was supportive of keeping them where they were so. Advised Mr. Trump. That was something else. Yes, your muscle. What we're trying to talk about here is while you're at work, you know, trying to save pay some taxes and in the struggle to save a few bucks. There's a whole nother game being played that nobody ever ever sees now come out with a book called fake, and this book fake was triggered back in nineteen eighty three. When my teacher Mendon Buckminster fuller wrote a book called the grunge of giants. It was how the real game of money is played way outside our realm of reality. And the thing that's kind of exciting is as coming. You know, more and more is coming to the surface every day now. So wash my book fake, hey, when we come back, Tom, we're going to talk about more on the on the, you know, how do you protect yourself from this in this world where there's so much. It's not just corruption. It is sanctioned corruption and so much greed. So much like the New York Times just came out with, you know that whole sexual on what happened after Lehman crashed and they had the whole back. Pages as blind paces, how many people went to jail? It was black. You know, let me for blankfein of Goldman, but anyway, it was blank. Nobody goes to jail for this stuff. And that's one of the reasons that Richard company was formed..
"tom wright" Discussed on Rich Dad Radio Show
"The one end to be funded Jolo was running from behind the scenes, asks for it to be deposited into Swiss Bank account. What sort of wealth fund would use a Swiss Bank account? You know, vivid wholesome, be this country's fund, right? Correct. Why would help who's or any other big fund in in America? Use a Swiss Bank account use a Swiss Bank account when you wanna hide your money from the tax man. Right? So there were a lot of red flags in and Goldman's banker lawyer at Linklaters and Singapore. She at the time said, look at you sh- will you raise money for this fun? You should be putting it into a Swiss Bank account. So those red flags for which they could be fined. They could be fined a lot of money under the Bank secrecy act in America. The same act that was used to find j. p. Morgan when it failed to recognize what was up to. But he might have had his accounts of j. p. Morgan. So there's that. But then there's also this Banca, Tim, life's not who is who was. Partner Goldman and the lead banker on this Steele who was very close to Jolo and left Goldman in two thousand sixteen subsequently helped Jolo try by Bank in Mauritius and he he's in plea deal, talks with its parliament of Justice as we speak as we speak, which means that you know, we don't know what the outcome is. It looks like he's going to plead guilty to something or he's cooperating with them. Perhaps it must take you a long time to get all the little pieces together to write was a billion dollar whale. Yes, it was a, it was insanely difficult story. It started in two thousand fifteen with a leaked information from Malaysia about the prime about the prime minister of Malaysian breath back. He had. He had received six hundred eighty one million dollars his private Bank account from from this fund. His personal account? Yes, I was in Malaysia when that all was busting off people protesting and all this and my promoters over there in Kuala Lumpur Malaysia said, don't say anything DOE, say anything. Of course I did, but as as we all know, let you know few years later, some prostitute gets killed and some prosecutor prostitute prosecutor get killed. It was pretty intense in Malaysia for that. Prosecute guess killed the. You got killed a few years earlier, but yeah, prosecutor who was involved in what happened was some some investigators in Malaysia who who I can't name because of, you know, to keep them safe had been looking into the prime minister realized that that he was taking all of this money from the fund. You know, this was this was Jolo was paying. This is how Jolo had to pay him to be able to run the fund without any oversight and use it for Hollywood. You also have to pay off his political muster right now. The wolf of Wall Street, which is an appropriate movie to promote promote the wolf of Wall Street with the cap yo was one of the things they funded and apparently to cap HALE was tired of working with the big studios and by Jolo giving him money, he was now free of the studio is that is that why to Capri it got sucked in mentioning about, you know, the Jila went on to build this Hollywood empire. He, like I said, he was very good at sensing what people wanted and how he could how could provide that and what what DiCaprio wanted in two thousand and nine was to make the wolf of Wall Street here hit. He'd been involved in a bidding war with Brad Pitt for the for the book. It's been written by Jordan bellsa the the original wolf of Wall Street, depending stock for them and Warner Brothers. We're going to make it. But after a few years of development in and I think school savy had already annotated the scripts. They pulled the plug because they thought it was too racy. It wouldn't hit. You wouldn't be able to hit a bra. Audience. And so I think he was frustrated and Jolo comes along and he says, like all this money and they had really no. It wasn't like a big studio. You could just have the money, you just make the film. And so it was very attractive to DiCaprio and school cheesy. So when I was a Malaysia, the people of Malaysia, very great, great people, beautiful country, but there are so excited..
"tom wright" Discussed on Rich Dad Radio Show
"He gets close to Paris, Hilton, Miranda, whom he dates backup for a second Tump. How in the world did he persuade Goldman Sachs to invest six point, five billion. We'll golden golden, didn't invest Goldman, help them raise the money. Okay. Raise investors though? Yes. Okay. And Goldman Sachs made typically, if you if you're a Bank and you help. A fund raise money or or government raise money, you will make maybe a million dollars is not very difficult risky business. But in this case, Jolo had gotten to know this Goldman Bankole Tim lice know who was a partner for Goldman in Asia and Goldman they want they didn't want to do to raise the money in a public way. Now, in retrospect, that was because it was they were gonna steal it, but but at the time they said, well, we wanted to private placement and Goldman Goldman actually bought all the buns itself before selling them onto the public, and they charged a very high interest rate to do so ten percent or so. And so they made six hundred million dollars and suddenly Goldman is one of its big go. Malaysia is one of Goldman's biggest profit centers anywhere in the world, six hundred million. What would be a typical fee for that one percent you would make? Sorry, one million about round a million and they made they made two hundred times. They did three bonds and they made around two hundred times what they should have done. Now that was internal red flag they. There was dissension inside Goldman, they will the president of the their Asian business, a guy called David, Ryan said, look, I, I mean, we shouldn't be charging this much. It was cooled inside Goldman monetize ING, the state, you know, I mentioned, I was so much softened wealth around and and after the crisis, you know, you've got the subprime crisis, the market collapse a much greater regulation of American banks at that time right after the after the subprime crisis. So going out and doing business with these sovereign wealth funds that weren't particularly sophisticated and challenging. Huge fees was great, a great way of making money for Wall Street. So what what are you saying about Goldman. Well, I mean, I mean, we need to be very careful about what we think about Goldman. I mean, they're, they are now, the department of Justice is investigating this whole this whole scandal. But this is true that Gelman has more central bankers throughout the world than any other Bank. Yes, they're, I mean, they're obviously very entwined with our and you know, at the time when Lloyd blankfein took over with your hand pulse and laughed and enjoying the government pulse into the time was secretary of the treasury. He was Goldman, yes, correct. But I think just going back to what are we saying about Goldman. So this is still the focus of a department of Justice investigation, and I think the shore golden missed, red flags. You know, one of them being, why was this fun, sovereign wealth fund willing to pay so much money to Goldman to secretly do the secret raising of money. It could have just done it on public markets. And then there were lots of other red flags. For example, after they, they raise the money. The money, they add the fund..
"tom wright" Discussed on Rich Dad Radio Show
"Hello houses, Robert Zach, the rich dad radio show the good news and bad news about money. This show is about possibly the biggest Bank heist in history was perpetrated by twenty five year old guy from Malaysia. This was just recently and has one of the most interesting shows stories in modern Hisham is always Bank heists going on. You know, people always stealing stuff, but this one is massive. So the question I have for you is while you're sitting at work, you ever wonder what's really going on. You know why other really, really rich getting really, really richer. So this is a fan, a fascinating story. It's still unfolding is a twenty five year old Chinese kid from Malaysia, and it's about how he ripped off Bill. Millions of dollars. Just charm was Justice charm at comic. Well, this is such a wild story and we have the author, one of the one of the co-authors with us today, and you can't make this stuff up this this. I'm sure this will turn into a movie somewhere down the road because Hollywood was very involved in this story. It was. It was the name of the book is called billion dollar WALE the man who fooled Wall Street Hollywood and the world, and we're talking billions, not millions billions of dollars. And our guest today is Tom right? Tom is a Hong Kong based journalist with the Wall Street Journal and in two thousand eleven. He was one of the first journalists to arrive at the scene of the raid in which the navy seals killed Osama bin Laden. He's a Pulitzer finalist and a lobe winner, and I wanted to welcome you to the show, Tom, be here. Great to have you here. What thumbnail sketch of this guy? Same is not jaylo. Jolo Chinese kid. He's twenty five years old rich kid, but obviously very gift at understand the international banking system. I mean, this is where the really, really rich get even really richer. So tell us what you know about the in a thumbnail. What happened? What is the billion dollar? Whale. Jolo as you said, and he was, as you said, he's in his late twenties. He'd studied at Walton came from Feddie wealthy family from Malaysia, but certainly not billionaires have maybe had a few million son had gone to Harrow the UK boarding school, and then Walton way he knocked up against very rich Arab Arab families, and he sort of intuitively was one of the best network is the world has ever seen. He knew how to meet people and work out how they could help him and how he could help them and sort of put himself between people. And so you go to these which way t- and and Persian Gulf families. And then when he graduated and he went back to Malaysia and he told the then deputy prime minister and not you breath back and his wife rose momentum sore who who this power couple of Malaysia that he could help bring Middle East money. Now, this time, this is two thousand five. That was the beginning of the sovereign wealth, boom, and. And you know, oil funded sovereign wealth and Joe, Joe, it seen through his friends in the Middle East, how these powerful Middle East funds would deploying money and buying western companies and and they were run by a very powerful Super League and he wanted to do the same thing in Malaysia. He started off by bringing getting a bottle of fund in the Middle East, invest in Malaysia and won the trust of this Malaysian power couple. And then not yet been Roseman not. She became the prime minister of Malaysia and Jolo ridiculously persuaded him not Jeb to allow Jolo to run a sovereign wealth fund from behind the scenes. And by that time he was only twenty seven years old. Now that says, if twenty seven year old who has never worked anywhere and graduated bulletin was running CalPERS or one of one of your big funds in America. The sovereign a sovereign wealth fund is a fund that run by the government. Is that correct? Over and wolf and typically will invest money that the government hasn't tried to make returns with it and be quite conservatives to save it for future generations as well help us does. That's what the no way oil fund does as what you know, Texas school funds will do so that you can pay pensions and, but what Jolo did and what the Middle East funds had done. Was they this?.
"tom wright" Discussed on KTRH
"Just write the words portfolio review. View in the subject line, and we'll go from there. So this week's review was sent to us from Tom and Tom Wright's. I'm in my late fifties and have about three hundred seventy thousand dollars in my IRA in ten individual stocks some are doing okay, but some are not I'm thinking of selling them and buying ETF's to be more, balanced diversified and cost effective. Can you please give me a list of ETS? And allocation I want to be aggressive for now. Look, it was always difficult to pick individual stocks. But now. It's like exponentially more challenging to do it in this area of disruption and change. Remember earlier this year, we talked about the struggles of General Electric, the fall of Sears holdings. These stories have been widely documented across the media and realize these were once regarded as blue chip stocks to one way to protect a portfolio against individual company stock risk like once you were just mentioning GE and Sears through diversification. So when it comes to Tom and what he's asking about. How would you add diversification to help him? Oh, that's what he needs. Okay. Diversification. He wants to be aggressive. He wants ET apps for a passive market play. So I, you know, maybe start with large cap stocks and consider allocating maybe twenty percent to large value and twenty percent to large cap growth. I think it's important to point out that Tom. Came to us with a portfolio of ten individual stocks. And he said that he wanted to be aggressive. So clearly, this is an all stock portfolio not for everybody because of how aggressive it is. No. And look just because you can pick your own stocks doesn't mean that you should pick your own stocks to me. What's cool is that even though Tom might end up swapping ten stocks for a handful of ETF's? His diversification will go way up because each of those ETF's could could hold hundreds of stocks. Hopefully that helps put Tom on a better path forward. So for all of those listening right now who are saying to themselves. How can I.
"tom wright" Discussed on KOA 850 AM
"Just write the words portfolio review in the subject line, and we'll go from there. So this week's review was sent to us from Tom and Tom Wright's. I'm in my late fifties and have about three hundred and seventy thousand dollars in my IRA in ten individual stocks some are doing okay, but some are not I'm thinking of selling them and buying ETF's to be more, balanced diversified and cost effective. Can you please give me a list of ups and allocation I want to be aggressive for now? Look, it was always difficult to pick individual stocks. But now. It's like exponentially more challenging to do it in this area of disruption and change. Remember earlier this year, we talked about the struggles of General Electric, the fall of Sears holdings. These stories have been widely documented across the media and realize these were once regarded as blue chip stocks one way to protect portfolio against individual company stock risk like the ones you were just mentioning GE and Sears through diversification. So when it comes to Tom and what he's asking about. How would you add diversification to help him? So that's what he needs. Okay diversification. He wants to be aggressive. He wants ET apps for a passive market play. So I, you know, maybe start with large cap stocks and consider allocating maybe twenty percent to large value and twenty percent to large cap growth. I think it's important to point out that Tom. Came to us with a portfolio of ten individual stocks. And he said that he wanted to be aggressive. So clearly, this is an all stock portfolio not for everybody because of how aggressive it is. No. And look just because you can pick your own stocks doesn't mean that you should pick your own stocks to me. What's cool is that even though Tom might end up swapping ten stocks for a handful of his diversification will go way up because each of those ATS could could hold hundreds of stocks. Hopefully that helps put some on a better path forward. So for all of those listening right now who are saying to themselves. How can I.
"tom wright" Discussed on Newsradio 700 WLW
"I just write the words portfolio review in the subject line, and we'll go from there. So this week's review was sent to us from Tom and Tom Wright's. I'm in my late fifties and have about three hundred and seventy thousand dollars in my IRA in ten individual stocks some are doing okay, but some are not I'm thinking of selling them and buying ETF's to be more, balanced diversified and cost effective. Can you please give me a list of ATS? And allocation I want to be aggressive for now. Look, it was always difficult to pick individual stocks. But now, it's like exponentially more challenging to do it in this area of disruption and change. Remember earlier this year, we talked about the struggles of General Electric, the fall of Sears holdings. These stories have been widely documented across the media and realize these were once regarded as blue chip stocks to one way to protect a portfolio against individual company stock risk like lunch, you were just mentioning GE and Sears through diversification. So when it comes to Tom and what he's asking about. How would you add diversification to help him? Oh, that's what you need. Okay. Diversification. He wants to be aggressive. He wants ET apps for a passive market play. So I, you know, maybe start with large cap stocks and consider allocating maybe twenty percent to large value. And twenty percent to large cap growth. I think it's important to point out that Tom came to us with a portfolio of ten individual stocks. And he said that he wanted to be aggressive. So clearly, this is an all stock portfolio not for everybody because of how aggressive it is. No. And look just because you can pick your own stocks doesn't mean that you should pick your own stocks to me. What's cool is that even though Tom might end up swapping ten stocks for a handful of his diversification will go way up because each of those ATS could could hold hundreds of stocks. Hopefully that helps put Tom on a better path forward. So for all of those listening right now who are saying to themselves. How can I.
"tom wright" Discussed on News Radio 810 WGY
"Just write the words portfolio review. View in the subject line, and we'll go from there. So this week's review was sent to us from Tom and Tom Wright's. I'm in my late fifties and have about three hundred seventy thousand dollars in my IRA in ten individual stocks. Some are doing okay, but some are not thinking of selling them and buying ETF's to be more, balanced diversified and cost effective. Can you please give me a list of BTF's? And allocation I want to be aggressive for now. Look, it was always difficult to pick individual stocks. But now. It's like exponentially more challenging to do it in this area of disruption and change. Remember earlier this year, we talked about the struggles of General Electric, the fall of Sears holdings. These stories have been widely documented across the media and realized these were once regarded as blue chip stocks to one way to protect a portfolio against individual company stock risk like ones, you were just mentioning GE and Sears is through diversification. So when it comes to Tom and what he's asking about. How would you add diversification to help him? Oh, that's what he needs. Okay. Diversification. He wants to be aggressive. He wants ET apps for a passive market play. So I, you know, maybe start with large cap stocks and consider allocating maybe twenty percent to large value and twenty percent to large cap growth. I think it's important to point out the, Tom. Came to us with a portfolio of ten individual.
"tom wright" Discussed on WIBC 93.1FM
"InvestingsensEcom just type in your zip code, and if you'd like Andy to review your portfolio here on the show ask Andy at investingsensEcom, just write the words portfolio review. View in the subject line, and we'll go from there. So this week's review was sent to us from Tom and Tom Wright's. I'm in my late fifties and have about three hundred and seventy thousand dollars in my IRA in ten individual stocks some are doing okay, but some are not thinking of selling them and buying ETF's to be more, balanced diversified and cost effective. Can you please give me a list of ETS? And allocation I want to be aggressive for now. Look, it was always difficult to pick individual stocks. But now. It's like exponentially more challenging to do it in this area of disruption and change. Remember earlier this year, we talked about the struggles of General Electric, the fall of Sears holdings. These stories have been widely documented across the media and realized these were once regarded as blue chip stocks to one way to protect a portfolio against individual company stock risk like once you were just mentioning GE and Sears through diversification. So when it comes to Tom and what he's asking about. How would you add diversification to help him? Oh, that's what he needs. Okay. Diversification. He wants to be aggressive. He wants ET apps for a passive market play. So I, you know, maybe start with large cap stocks and consider allocating maybe twenty percent to large value and twenty percent to large cap growth. I think it's important to point out that Tom. Cain to us with a portfolio of ten individual stocks. And he said that he wanted to be aggressive. So clearly, this is an all stock portfolio.
"tom wright" Discussed on All Ears English Podcast | Real English Vocabulary | Conversation | American Culture
"Cross us and jessica what about topics right because that was another big problem that we wanted to follow for listeners in this courses that people tell us they don't know how to go deeper into specific topics like real topics like interesting tom wright's yeah yes so yeah sure i mean small talk is pretty easy right you could talk about the weather and maybe what you what you wait for breakfast or whatever but how do you actually develop a connection how do you actually develop a conversation it doesn't you don't stop with the weather one of what a native speaker's talk about and this is this is the cultural element that that our listeners worried about right because she's like i'm in canada your courses in america was this going to help me yes you guys although these topics are sure americans are talking about them yeah like gun right's right like equality gay marriage we start there but then also travel food guys these are topics that everyone talks about it doesn't matter what country you're in right topics that we talk about one of the things that is the most important about our bridge to connection method is that it's not just about hearing what we talk about it's it's it's about how you can enter that conversation so no matter where you're living this is going to help you enter a conversation right it's getting that practice like if native speakers are talking about this really deep topic like politics or immigration right like all this stuff how what do i have to say about this so i think that's one of the biggest advantages of this course no matter where you're living yeah no the topic's are huge topic that we keep hearing that from students from listeners that it's hard to go deeper it's hard to go deeper you're tired of talking about the weather and we can get you there and then i think the last piece is that it's just fun.
"tom wright" Discussed on The Ken Coleman Show
"So tom is a scientist guy understands the science behind how people are designed and so i want to focus on the science behind positively negatively this is really important because some of you are trying to stay positive and you being surrounded by negativity your own negativity from others how do you combat it it's a scientific way to do it and it's not difficult here we go this is from a reader's digest article that tom wrote and i'm going to post it on my facebook page by the way facebook dot com slash ken coleman oh sing it the entire article talks about five things that successful people do every day but i'm going to focus again on how positive ar so tom wright's win you experience negative emotions as a result of criticism or rejection your body produces higher levels of the stress hormone cortisol now the cortisol shuts down much of your thinking and activates conflict and defense mechanisms let's stop there for just a moment i am calling myself out but let's just be hot as for a moment when you've been criticized or rejected how many of you can take yourself back to a moment or that happened and you lost the ability to think don't beat yourself up it's called chemicals the cortisol is literally shutting down your ability to think straight so what happens you perceive situations as being worse than they actually are the release of cortisol is also sustained response so it lasts for a while is specially if you dwell on the negative event and we know this is true you can have an amazing day phenomenal day people right and left telling you how great you are.