30 Burst results for "Usoc"
Paypal, Banks and Real Life Infrastructure Inversion
"When the hit reactions were dramatic CEO of Wyoming based Avantis Bank and passed on the showcase on long tweeted game on USOC sees announcement that it's following Wyoming allowing national banks to custody digital assets is great news for Crypto long-overdue, and hopefully we'll help the US regain ground. It lost to other developed world countries by dilly dallying for so long winters, equal customers and crypto venture capitalists. This will spur emanate boom as us. Banks acquired digital asset custodians, and that was only the first two of her twenty four tweet storm on the topic link in the show notes for those who missed it. In other parts legal mind mark, Coyne hoarder, and passed on the show Preston Burn tweeted I've never been more bullish on crypto today crypto lending, and saving maybe how the payment of interest becomes thing. Again, thanks are desperate for yield the faster they move the more market share there will obtain lawyers and bankers are definitely excited. But why does this matter and what is it mean? Jonathan let's start with you today. Well looking at it from my perspective of someone who's tried to do startups in the for some time, the largest filter that is a had versus half not versus based on the technical or Business Acumen. Or Merit of your company is to do with getting a bank account and keeping a bank account and being able to even have customers in every state I mean the whole point about the bit license was the fact that banks were refusing to service customers of people running crypto startups. So what this does if? The executions being the statement says it is is it means that we're going to enter an age where crypto startup can actually have a bank account in America and actually be serviced and not just be a crock in or a Gemini or Aucoin base, but actually be three people you know asking for bank services. So you know the government tends to break your legs and then ask you to thank it when it gives you a crunch and it's really glad to see that at least now, they're giving entrepreneurs a crutch. Because like spin broken for a very long time hang on. I'm a bit confused here because this regulation is about freeing up the ability of banks to directly custody Crypto, and at least what you're saying seems to be more about whether banks are allowed to extend. Fiat. King Services to crypto companies why do you think the two are related one of the purposes? As to why money transmitter licences became such a big deal for crypto services is that the act of transmitting your token your value instrument is itself currency or is considered a value transfer, and so banks would onboard in dollar terms the ability for people to get crypto. But if you actually wanted to engage in crypto related services with Crypto you yourself had to. Take. That on, get a custodial and become a money services business because there weren't any financial service providers that would do that for you, and so there are a lot of projects that I know of that have lodged. That are in existence that can't even deliver the tokens to their system to people because they're waiting for money transmitter licences because the act of. Giving it to their customers would be considered money transmission, and so I think that we become so blinded to think that banking means crypto banking for crypto means the dirty Fiat side of it and not the awesome crypto side of it and a lot of the crypto related activities now can be done natively by a bank, which means that as a small startup. Become a bank. I don't have to become a crack in order to be able to do trivial thing I wanted to do with bitcoin or a colored coins. So I, just want echo that on the one side our experience on the show with trying to have a bank account. Well, we've actually been d platform because the word bitcoin is in the name right and that was for a while fairly controversial, and then on the other side of things, the work that I did with token Lee we often found ourselves without the ability to have a credit card processor because even the. Idea of touching tokens that were non speculative in nature that did not have prices that could appreciate. Well, that was still something that was on the other side of we know what we're talking about right and so you had banks that were just wildly uncomfortable with this and even the high risk tolerant ones you know the ones that specialize in dealing with really kinda sketchy applications, even those oftentimes wouldn't deal with noncontroversial uses of. Tokens and sort of anyway. So just the clarity that. So long as a company is following, the law banks can interact with them that I think is a pretty major statement and a major change from the way the banks have at least behave to this point. We'll see if they actually do anything differently with it but I think again, we're going to talk a little bit later about kind of the pay pal announcement and Sort of this shift that we've gone through where Crypto was on the one hand kind of in the very early days, people would adopted or companies would adopt it and get kind of an earned press boost, and then that went away for a while as things got boring. Now we're kind of on the entire other side of that curve, but we're going to have that conversation for just a little
Why Negative Prices Exist and What They Can Teach Us
"Last week? The price of the May twenty twenty West Texas intermediate crude oil futures contract known as WTI fell to as low as negative thirty seven dollars per contract that means the holder who was long oil was willing to pay to exit the contract. Cnbc markets reporter. Pippa Stevens wrote on Monday for the first time on record west Texas intermediate the US oil benchmark plunged below zero and into negative territory before Monday. Many thought this was impossible. Maybe just maybe it could drop to zero effectively erasing. All value but negative territory seemed unimaginable. Not least because it's hard even to wrap one's mind around it pay someone to take your oil in this episode. We're going to see why oil prices went negative. We'll also look at other examples of negative prices and why they exist and what we can learn from them. The WTI futures contract has a physical settlement which whoever holds the contract when it expires receives a barrel of oil the contract settles in Cushing Oklahoma. That's where that of oil is delivered if he owned the contract. That's where you're going to get your oil or at least arrange for somebody to store it for you. Us crude inventories are near an all time record high. In cushing Oklahoma. Seventy percent of the storage capacity was four as a mid April and a Reuters. Article suggested that most of the available space already leased out. There's nowhere to put that oil. That is being received as part of the future contract settlement. Now the May oil futures contract has since expired and now the June oil futures contract is the front month contract that will expire in the third week of May. Yesterday the June contract fell twenty five percent just under thirteen dollars. They United States oil. Etf USO fell fifteen percent. It has lost eighty three percent year to date leveraged exchange traded funds tied to oil have shut down. They lost all the money products by wisdom tree. Ubs and velocity shares which is owned by Janice. Jim Cramer said there are times in life where people know that there's an instrument that is faulty and they can shoot against that instrument and bury these people there is this financial problem people who are buying the USO that United States oil energy T.F. Bay our financial people. So if you're a real person or you're a large contractor a large player they can wipe out the USO in. I think that's been what's going on. It's not a conspiracy. It's a reality when you have an organization that can't take delivery. Well you should crushed that organization every time and that's what probably happened. Who are these people that are getting crushed that own USO? Well some of them are retail investors. But most are institutional investors John Highland. He's now retired but he was the former investment officer of the United States Commodity Fund which manages USO. He pointed out that eighty percent of USOC shares are held by non retail investors hedge funds include energy trading desk and other professional players the purpose of this ETF was to allow investors to get exposure to the front month contract of oil at the end of twenty nine thousand nine. It had one point. Two billion dollars under management and the vast majority of its investment at the end of December was in the February wti crude oil futures contract that expired in January every month this ETF would sell that contract right before it expired. And then by the next contract in order to make money it needed to sell that contract for a higher price than what it paid for it right now when you look at the price of West Texas intermediate crude futures contract or is a steep premium as you go further out
Japan, IOC Agree to Postpone 2020 Tokyo Olympics by About One Year
"But we found out just a little while ago earlier this morning that Japan's prime minister Shinzo Ave and international Olympic committee president Thomas Bach have agreed to postpone the Olympics by about a year they had a conference call that involves several members of the organizing committee there in Tokyo the mayor of Tokyo and other members of the IOC Ave put the suggestion forward to Bach after growing concerns amid corona virus fears and Australian Canada saying they wouldn't send athletes USOC yesterday saying they want the game to be postponed the end originally going to be held July twenty fourth August night there in Tokyo but now will be held with in the next year so likely the same dates next summer the object of never been rescheduling peacetime the only time that they have been postponed it's happened three times nineteen sixteen nineteen forty nineteen forty four games were canceled because of world
Rachael Denhollander on the power of Larry Nassar's manipulation
"But I every investigation into wrongdoing begins with one person coming forward publicly in the case of USA gymnastics doctor Larry Nassar that person has been Rachel denhellender islander during Nasser's trial more than one hundred and fifty women and girls got up to speak about the abused they had been subjected to for so long the final victim to give a statement was Rachel denhellender there she asked a question how much is a little girl worth now she's out with a new memoir and a children's book with the same name spoke with Rachel from our ABC C. Studios and because we think our account is so important we wanted to bring you the whole interview in two parts in the first. She discusses coming forward with her story. When you first went to Larry Nassar when you first went to him you or how old it was just after my fifteenth birthday you right so much in here about that time period it and and some of the things you talk about not being ready to go there yet because you weren't quite sure what was happening and it's a familiar I heard from all the girls in the case. It didn't know yeah and that's actually a very familiar dynamic with childhood. Sexual in general most abusers are some of that you know awesome that you should be able to trust and so being able to reconcile what's happening with the person that this you know who this is supposed to be is almost impossible. Most childhood sexual assault victims victims don't really fully grasp what's happening to them and when you add a medical veneer over the top of that makes it even more difficult and then you add to it that most abusers are to an extent pillars in the community and you definitely had that that dynamic with Larry and so a huge factor that that kept me silent and kept me believing that this must be medical treatment was that I trusted everyone everyone around me not just my abuser trusted the community around the institutions and authority figures that surrounded Larry to have insured that he was doing accurate medical treatment and you also also did talk to one person and that was your mother who you guys rent went through all the scenarios of if we go forward what might happen at the time when you were just a teenager it yeah so. Larry abused me for almost two years and it wasn't until very near the end that he crossed the line that I knew is abuse and at that point I just froze and so I didn't know what to do with information and I didn't tell my mom for about a year because this shame was just such a heavyweight that verbalizing the abuse wasn't wasn't something news capable of yet but when I did disclose to her and we began having those conversations you know at at seventeen years old I had seen enough of how the culture treat sexual assault victims to know what would happen if I spoke in the last thing I wanted to do was speak up and not win because I knew that would empower Larry to be able to continue and I knew if I pulled that string with Larry I pulled the string of big ten university and I touched their department and I touched a United States Olympic governing body that made the most money out of our summer Olympics six and that touches the USOC and that touches Senate and so I was very acutely aware of the dynamics that I was up against an when I was seventeen I said to my mom. I can't do this without media media pressure. It won't be successful and I can't do this anonymously and so even had that discussion. What do you do do you walk into a newsroom and you say here's here's a story and you just hope they do something with with it? We didn't know what to do with that. We knew what it was going to have to look like to speak up but we didn't know how to make that happen and so really for sixteen years. That's what I was waiting for. I I was waiting for an opportunity and you really kind of put it behind you. You talk about the story of how you met your husband and how you had your kids and you moved on and you were ready ready to go okay. I can move on with this and then Cain that Indie star piece that you saw and you said no enough. That's it and that was the catalyst right yeah. That's what I was waiting for. You know I got to a place where I realized my healing can't depend on whether or not Larry admits what he does whether or not I ever see the justice or whether he stopped and I moved forward with my own healing but I was constantly watching for a chance just following his career looking for any crack that people were believing vink beginning to believe what was taking place in USA gymnastics because I knew if they could see the abusive culture at Sag they might be willing to believe that their own team physician could be the an abuser and that's really what I saw with at Indy start it was the first time that journalists had been able to gain traction pointing to the abuse of environment in United States gymnastics and being able to say this is happening and it's wrong when you went forward and made that decision to say this is what I'm going to do that was difficult for you because you wrote it all down and then can you write about how you thought about it and you said and then I just hit send. Sometimes you just need to hit send yeah and it was you know I'm I'm fortunate because there was was there was the internal battle of knowing what it was going to cost but because I had been waiting and watching for sixteen years I knew exactly what needed to be done. I near how I needed to be done and it really wasn't toys. I had always known if there is an opportunity. This is how it was going to have to be done and I saw that opportunity than as a shot in the dark but you have to take it how much of your legal legal background helped you with this case and knowing what to do and some of the things that you you knew were really important with all of this it was absolutely foundational because it allowed me to review review the case law and the statutes to look at the evidence that I had to be able to approach the prosecutor in the investigator insane. We have a case here this is this is how it can be proven. This is the evidence that I have and just guiding me through the process understanding the dynamics of communication and how to get the story out of Larry's control how to get out of the control of the university and the institutions that were surrounding him so that they couldn't control the narrative anymore next week. We'll bring you part two of that interview with Rachel More Oscar what it was like sitting through all of the impact impact statements and being the last woman to testify
DOJ Investigates Olympic Groups
"US Justice Department is investigating sexual abuse within US Olympic organizations the following the case against former national gymnastics team Dr Larry Nassar currently serving ineffective life sentence for sexually assaulting women and girls. The Federal Inquiry Creek comes ahead of the two thousand twenty Olympics in Tokyo joining me now with more details is Wall Street Journal reporter Rebecca O'Brien Rebecca. This seems like a widespread investigation allegation which groups have you found that are under investigation right now by the Justice Department so it is a wide ranging investigation and it's actually I think best thought of as multiple investigations that interconnect and the important bodies to think about here are the US Olympic Committee the Center for Safe Sport USA gymnastics and and USA Taekwondo and the FBI which is sort of a side issue but think of it as like a layer cake right this mitigation which is being led by multiple offices offices in the Justice Department along with irs criminal investigators is looking at bad actors who are coaches or doctors in the gym level of various Olympic Sports. It's across the United States and then secondarily. There's an investigation into potential cover ups and maybe financial and business wrongdoing by the national governing bodies are N. G. Bees like USA gymnastics or USA Taekwondo and the third level here. Is You limit committee to the big overarching organization Asian. They're looking you know as well their response to sexual abuse allegations another potential financial wrongdoings now how big of an impact did the Larry Nassar Sir case have on the current investigations. This was pretty blockbuster case shook up the world of gymnastics in the Olympics too large extent what I think I mean the Larry Nassar case it slowly began building came first surfaced right after the Rio Olympics more than three years ago now and what I find incredible is that what the Nassar case not only did it first of all you know hundreds of women came forward with allegations but it really also opened shed light on all these other cases like in USA taekwondo or there had been allegations and some mm cases convictions of coaches that had kind of been lost to history and these this repeated. There's a trend over decades of misconduct induct and sex-abuse in a number of different sports that no one really had paid close attention to on a grand scale so the national case really not only was had a tremendous impact on on gymnastics in the Olympic Committee but it also just opened the floodgates as it were now we are looking ahead to the twenty twenty games in Tokyo what under the implications for the US Olympic system as we have been talking about the Nassar case did cause a lot of damage to the institution yet national case did a lot of damage image to USA gymnastics but it also had some blowback on the US Olympic Committee because of executives there who were informed of it and didn't necessarily take steps that many people in the public thing you know they they didn't talk about it more publicly. They didn't take steps to advance the investigation and they leave with egging their face and what is important about these investigations. I the thing is that they show the continued legal pressure on the USOC. There's political pressure with also legal and potentially criminal pressure on some of the executives or former executives of these organizations and going into twenty twenty. They're going to want to resolve this. I mean not only do you. WanNa make sure people are safe going to the Olympics but also it looks bad if the USOC he is heading to the next Olympics with this cloud of uncertainty and investigations over their head and of course you know in nine years they're going to be hosting the Summer Olympics in Los Angeles so oh you know we'll see how they resolve this
"usoc" Discussed on Five Rounds with Brett Okamoto
"I'm always happy to be a part of USOC you'll say wrestling. Well, I'm happy to talk to for the first time. This has been great Jordan. I like the fact that I read and critically from wrong. I like the fact that a pro wrestling is what got you into this kind of wrestling correctly. You are big macho back in the day huge wrestling fan huge wrestling fan. When I was a kid like, I'm talking we had all the action figures, we the ring we had faked belts. Like every time. We go to target when we were kids we go straight to the aisle that they had all the yell the represent. We see what's new ones. They had like how to get this one. And we play video games raw smackdown. Like, we make our own characters might fight each other in the crib jumping off the top of bunk beds, dropping elbows on people's heads. Like we were into we were into when I was a kid. It was it was awesome. That that's incredible. Would you consider that? Or you're you're you're not as into that right now. I'm not as because that's more like that's acting. Right. Like, I I'm a competitor. Like I'd like to compete. I don't want someone to determine the status of my match before I get out there to compete, and it's fun to watch. I actually took my son to a Thursday night smackdown that they hadn't Lincoln a few years ago of us a bit confused like what is this? But it's fun. And I'm a big fan of it. And I've always appreciated it. So is something I was enjoying his I always hold it near dear to my heart is towel. I guess started in the sport, Jordan. I wish you the best. Good luck this weekend. Good luck on may six. Good luck making the team world championship Olympic team. All that and more. This has been great. I really appreciate the time. Yeah. Absolutely one more thing before we go beat the streets is in amazing organization that is run through all of the boroughs of New York City that helps to get kids off the streets in interesting rooms in give them the opportunity to enhance their lives through sport of wrestling. So this is their biggest fundraiser and not only do we have the match between me and been asking. But a lot of great matches between the US team. And college superstars, and so it's going to be a ton of fun making tune in may six six PM eastern time is going to be an amazing event area. Thank you again for having me, it's been on it. Thank you so much, Jordan. We'll talk to soon all the best to you is there. Now, speaking of wrestling make..
Salt Lake City Gets Green Light to Bid for Winter Olympics
"Salt Lake City got the green light to bid for the Winter Olympics. The US Olympic Committee said it was selecting Utah's capital. Most likely for twenty thirty Salt Lake City hosted the two thousand two Winter Olympics. So it stood out as a predictable slam dunk pick in a process that also included Denver and Reno with venues still in place from the two thousand two games Salt Lake claims that can host again at a lower cost than other candidates. The USOC left open the possibility of other dates if twenty thirty doesn't work out. There are only two bidders for twenty twenty six from Sweden and Italy after voters in Calgary. Alberta rejected a proposed bed the International Olympic Committee normally awards Olympics seven years before they're scheduled though that. Calendar has been in flux because so many cities have
Another Olympics in Utah? Salt Lake City selected as possible 2030 U.S. bid pick
"The US Olympic Committee said it was selecting Utah's capital. Most likely for twenty thirty Salt Lake City hosted the two thousand two Winter Olympics. So it stood out as a predictable slam dunk pick in a process that also included Denver and Reno with venues still in place from the two thousand two games Salt Lake claims that can host again at a lower cost than other candidates. The USOC left open the possibility of other dates if twenty thirty doesn't work out. There are only two bidders for twenty twenty six from Sweden and Italy after voters in Calgary. Alberta rejected a proposed bed. The International Olympic Committee normally awards Olympics seven years before they're scheduled though that calendar has been in flux because so many cities have
U.S. Senate panel asks FBI to probe U.S. Olympic chief over Nassar scandal
"And the FBI to look into whether former US Olympic Committee CEO Scott Blackmun, lied to a Senate panel in testimony about the handling of sex abuse allegations against Larry Nassar at issue is black men's refuted claim that he discussed the case with the USOC staff after receiving word of Nassar's potential crimes from the USA gymnastics president at the time. A report from the ropes and gray law firm released earlier this week concludes that nobody on the USOC staff could corroborate
Larry Nassar, Kristen Holmes And United Kingdom discussed on Mitch Albom
"Party who are concerned that the backstop might remain in place indefinitely and therefore lead to questions over the unity of United Kingdom itself. Or as she suggested the comments today will she manage to go back to NP's giving them more power over that question of the of the backstop and their ability to bring it to an end if a wider trade deal between the UK and the EU is not found Melissa bell. London. Officials in Washington state investigating a series of tax on Jehovah. Witnesses houses of worship correspondent Kristen Holmes reports that the latest happened on Friday, the fifth attack in the past year on the religious group in the. Date in March. Two kingdom halls were set on fire then in may shots fired into a separate kingdom hall causing more than ten thousand dollars in damage, and then in July, another arson completely destroying a house of worship so far. There have been no arrests in Washington. I'm Kristen Holmes reporting. Another new scathing report says high ranking officials at both the United States Olympic committees and United States gymnastics failed to protect athletes from Larry Nassar's sex abuse. The report follows the investigation which was commissioned by the USOC earlier this year, it found a lot of institutions and individuals enabled Nassar's abuse they failed to stop him. It included coaches at the club elite level, trainers and medical professionals administrators and coaches at Michigan State University as well as officials at USA G and USOC a twenty five year old man from Oxford has been charged with child abuse after his six week old daughter was found with difficulty breathe. Leading the child's at children's hospital today listed in critical condition. Police say Christopher Williams called police to a home on chin cap in rural Rhode early Sunday morning where the little girl was found in distress. Police say Williams later admitted to shaking the child he was charged with one count of first degree child abuse. And that is a felony that carries life in prison. WJR news time six oh. Five borgwarner sets the patient powertrain innovation since two thousand five borgwarner has become one of the most decorated companies in the history of the prestigious automotive news pace awards. What's next hour? Mechanical know-how and proficiency and rotating electric Motors will accelerate new technology development for electric and hybrid vehicles. Borg-warner's unique systems expertise is driving future trends with faster market solutions for a cleaner more energy efficient world borgwarner feel good
Huawei CFO Meng Wanzhou arrested in Canada, faces extradition to United States
"Chief financial officer out to the Chinese telecoms giant who away has been arrested in Canada, Ming Huang so good to know face extradition to the United States details. Offer wrist have not been released, but the USOC has been investigating who are way over possible violation of sanctions against Iran.
USOC goes nuclear on USA Gymnastics
"You're listening to the spoken edition of the San Francisco Chronicle. USOC goes nuclear on USA gymnastics, author unknown for sports, the US Olympic Committee is moving to revoke USA gymnastics status as the governing body for the sport at the Olympic level meeting out the nuclear option to an organization that has botched its own reorganisation in the wake of a sex abuse scandal involving former team doctor Larry Nassar in an open letter to the gymnastics community, Monday, US Olympic Committee, CEO Sarah Hersh land said you deserve better. And that the challenges facing USA gymnastics are more than it is capable of overcoming as currently constructed. The US Olympic Committee also has faced criticism for not responding quickly and appropriately to sexual abuse cases. And though the move was cheered by the gymnast whose revelations helped propel Nassar's years of abuse to the four. Thank you re tweeted, Rachel, din Hollander, others viewed it as a ploy to shift blame today's announced. By USOC seeks only to deflect from their total failure over decades to protect the gymnasts in their care said a statement from attorneys Michelle Simpson two-goal and moa Z's who represent Olympia tasha Schweickart and her sister Jordan in their lawsuit against USA gymnastics, and the US Olympic Committee this year, the US Olympic Committee said it was seeking to remove itself as a defendant from a number of lawsuits, including those filed by gold medalist Michaela, Maroney, Jordan Weaver, and Allie rice -ment claiming Nassar did not work for the federation nor were his crimes for Siebel by the committee the lawsuits claim the US Olympic Committee as the umbrella organization that oversees USA gymnastics should have done more when it learned of the abuse. Elsewhere Stanford women are top soccer. Seed defending national champion Stanford is the top overall seed in the women's NCWA tournament and will host Seattle in its postseason opener. Friday the cardinal entered the tournament on a school record forty one. Game unbeaten streak six longest in CWA history. Santa Clara is a number three seed in its portion of the bracket and begins play Saturday when it hosts Milwaukee in the same bracket, San Jose State plays its first game Friday at number two seed UCLA running the New York City marathon has set a record for the most finishers of any marathon worldwide fifty two thousand eight hundred twelve organizers said Monday, the total top the Mark of fifty one thousand three hundred ninety four from the two thousand sixteen New York City marathon, the race through the city's five boroughs Sunday was watched by more than one million spectators crisp fall day, Lisa deceased of Ethiopia and Mary kidney of Kenya where the men's and women's winners. Obituary Gianluca baron a World Cup downhill skier from Switzerland has died in a paragliding accident. He was twenty four the Swiss ski federation said Barron one of its best prospects at how fine. Speed races died Sunday morning.
"usoc" Discussed on Outside the Lines
"Now, what are the next steps in terms of revoking this? What will we see happen next? So there'll be a process that plays out under the USOC's bylaws, the USOC will appoint a three person panel that it will designate from various councils, and that will be chaired by USOC board member they will have a hearing where the USA gymnastics, can you know, sort of present its arguments, and obviously the USOC we'll have made its case that panel will issue report with recommendation of with a recommendation of what should happen to the USOC board of directors USOC CEO, Sarah, Hersh Lynn can also issue a report to that board. And then based on those documents the board. We'll make a decision. That's final most notably the US's bylaws don't outline a timeline for this. So we certainly don't expect it to take forever. But there's nothing that says. It's going to happen tomorrow or next week or how that process plays out in terms of timing. It's easy to think of USA gymnastics as just our Olympic team. But obviously, there are thousands of athletes all around the country who fall under the umbrella of USA gymnastics, if this goes all the way through and USA gymnastics is has its revoked from the USOC committee. What does it mean for the sport? That's potentially huge ramifications. Certainly USA gymnastics could continue functioning as an organization just without that recognition. But part of what being the Olympic and gbi confers as a cafe in a credibility that draws people into that grassroots pipeline as you mentioned thousands of athletes. The USA gymnastics is one of the biggest end GB's with more than one hundred fifty thousand members. And so if that's not the entity I would expect that we would see people leaving the organization, you know, certainly in the interim while this process plays out the elite level the teams that are competing at worlds. And at the Olympics are going to be fine. USA gymnastics will continue sort of functioning as it has been in regards to them. But it's really the the grass roots that there are a lot of questions about how that could be affected. If it does lose its NGO status, if we're seeing some byles right now on the screen, and she along with so many other of our economy gymnasts were at the heart of making sure that so much of this. Show is brought to light what role can be stars play in ensuring. The next iteration of this organization is healthy. Well, I think part of what has gotten us here today has been the voices of survivors like Simone biles. You just head alley Razman on earlier who have really pushed for changed and said the organization is not there yet. They're not showing us that they get this cul culture needs to change. You know, Simone biles in a tweet lead to decisions that close the curly ranch and led to. Interim CEO Mary Bono, leaving the organization after five days last month. They have a powerful voice, and they know it, and it's certainly clear the USOC is listening or at thanks for your time today. Rachel. A new analysis done by outside the lines shows that student athletes are about three times more likely than other students to be accused of sexual misconduct or domestic violence at power five conference schools. This analysis comes in the aftermath of numerous scandals coming from high profile athletic departments in the last few years, including Baylor in Michigan state. In order to provide background and context on the findings. We are now joined by ESPN investigative reporter poll Levin, Paula what is the main takeaway from this analysis. Well, I think there's two things one is athletes are more likely to be accused in these types of cases than regular students. And although that's not terribly surprising. I think it's interesting to see just how much more likely they are to be named in these complaints. And then the question is will, you know, why is that why why are they being accused of these things more often? And I think a lot of people would say, well, this has to do with the culture among student athletes. There's a small percentage of people who say, well, they're being targeted. But I think the larger voice there is that there's something that needs to be done to address the behavior that these athletes are engaging in and the second takeaway from this study, I think is is looking at not just the numbers that we have..
"usoc" Discussed on C-SPAN Radio
"National governing bodies athletes. Most importantly and other stakeholders in the Olympic movement. I pulled the USOC for raising expectations of the US national governing bodies doing so will will allow us an intern. Encourage us to have raised the expectations of those that we endorse as clubs. I also commend the USOC for bringing him to place an athlete services division, diverting money towards that need within the Olympic movement. In looking for ideas on how congress might best support us and look for areas of improvement. I've already mentioned funding of the center. I've already mentioned the need for support of that center in both nonfinancial and financial senses. In common with the action. The federal government has around you saw. Continue periodic interest and attention to this matter. I think would be would best allow the Olympic movement to further improve oversight of you sport. It's it's important to recognize the individuals participate use useful inside and outside of the Olympic imperilling bit movement. And it's equally important. They all supported and protected outside of the Paralympic movement as well as within that movement and finally Inc with law enforcement to ensure that no matter where an issue comes up be that domestic or broad that issue can be dealt with in the right and proper manner by law enforcement, thank for your time. And I'm happy to take any questions. You may have till Andrews is the CEO of USA weightlifting subcommittee hearing live on C span radio WCS PFM Washington testimony. Thank you for the conversation that we've had previously this cabinet. Committee chairman Moran ranking member Blumenthal and distinguished members of the subcommittee. My name is an Canet, and I am president of US figure skating. I have been involved with figure skating since I was six years old. I is an athlete then volunteer official can remember member and committee chair. I have been a member of US figure skating's board of directors since two thousand fifteen in may of this year. I was elected the president..
"usoc" Discussed on C-SPAN Radio
"Center for safe sport and the GBD's to protect athletes if these hearings and the events of last week when we saw some of those survivors come forward. Taught us anything. It is the desperate need for complete cultural shift real teaching moment for America. On how we view sexual abuse in this country and more than just a cultural shift more than just a focus of rhetoric specific action and a couple of ideas that I think have to be on the table. And athlete advocate within the USOC and inspector general in that same organization. Possible revision even revocation of tax exemptions and antitrust exemptions. In the event, the USOC fails to be responsive athlete representatives on NTB boards and on the USO seaboards and improve transparency on MGB banned list reporting. So that there are more thorough background checks to stop predators from relocating and harming new athletes Senator Richard Blumenthal. I'm Lee making sure that the USOC is held to a higher standard of accountability. Those ideas are suggestion for beginning. Not. And and I hope that we will. In fact, move conga move forward against misconduct. To honor the survivors and all who have been affected their families as well. By this scourge in our Olympic sports community and beyond. Thank you. Mr chairman. Senator blumenthal. Thank you very much for.
Representative Jason Spencer, Larry Nassar and ABC discussed on Red Eye Radio
"Six sixty two sixty three eight hundred four three six sixty two sixty three Georgia state lawmaker is stepping down after stepping over the line ABC's Dave Schreiber. Has details state Representative Jason Spencer is resigning from the Georgia house of representatives following a recent appearance. On Sasha baron Cohen's Showtime, series Spencer exposed himself and yelled racial slurs can't you Now you're gonna take some politicians had. Been calling for special session to get them out if he refused to step, down Spencer's, spokesman says, Spencer will leave his, job at the. End of the month Dave triborough ABC news Tuesday women who say they, were, abused by Larry Nassar attended a hearing on. Capitol Hill they want to. Hear from the leaders and organizations that they blame for their complaints of abuse ABC's Meghan Hughes has more victim after. Victim at a news conference ahead of the hearing Larry Nassar I abused me when. I was nine years old USOC US AG an. MSU have failed me laying accountability at the feet of organizations whose leaders were set to testify the US. Olympic Committee Suzanne lions taking heat for recent court filings the. Court will determine if we need to. Be part of those proceedings Michigan State University already reached a five hundred million dollar settlement with. The survivors Meghan Hughes ABC news Capitol Hill in Greece. Rescue crews Going door to door looking for missing.
Karolyis sue USA Gymnastics, USOC over failed ranch sale, lawsuits
"The nfl is facing another lawsuit from cheerleaders usa's rick vincent has more by cheerleaders for the houston texans are suing the nfl team or gender discrimination and for creating unfair and unsafe working conditions the lawsuit claims the team failed to pay the women for overtime ended officials harassed and shamed them kelly numerous among the five former cheerleaders filing lawsuit felt like the texans did not care about my rights as a professional as a woman or as part of the team this is the the second such lawsuit against the texans in as many months and just.
"usoc" Discussed on C-SPAN Radio
"Children this is why athletes safety must be the top priority of the us oc and in gbd's and why they should have robust policies and procedures in place that reflect their priority more importantly these policies and procedures must be followed otherwise they aren't worth the paper they're written on and the culture must be such that are athletes feel safe and protected sadly we seen what can happen when athletes safety is not a priority too often it seems that us that the uso c n n gbd's haven't acted into layer publicly pressured to do so this is c span radio programming from thursday when you have survivors saying that they were asked to say silent felt that they weren't heard and didn't feel safe there is something horribly wrong with the system sexual abuse is a problem in our society must confront according to the statistics on sexual violence one in three women in one in six men experienced sexual violence involving physical contact during their lifetimes while such focus has been on usa gymnastics team doctor larry nassar gymnasts is is not the only ingeba that has had its challenges recent public reports also include the lopez brothers in taekwondo rick butler in volleyball and the multiple accusations that have come from the swimming community as well as reports in many other n g bees not before us today historically each end gb and usoc usoc were responsible for directly handling any complaints allegations or reports of sexual abuse within their respective sport however policies procedures and bylaws weren't consistent across all njit's and it's unclear whether there was adequate oversight to ensure that the applicable policies and procedures were even followed there has been some recent changes to improve how allegations of sexual misconduct or handled in the olympic community usoc has used working groups to make recommendations for promoting and protecting athletes through these working groups new policies and procedures were developed and the us center for safe sport was created by the us oc and launched in march of two thousand seventeen now all in gbd's and the usoc are required to report all complaints or allegations that involve sexual misconduct to the center for investigation over the course of this investigation the committee has spoken with many survivors and their experiences have informed in shaped our work these conversations in the mini thousands of pages of documents.
"usoc" Discussed on Sports 600 ESPN
"Larger context of what's going on at the usoc in the olympic sports community after the larry nassar story broke how does this how does this reflect on the olympic community so what the usoc is saying is hey look we have this new organization the center for safe sport and that's a big step forward also congress earlier this year passed legislation that really gave a lot of tools to the center for safe sport now in olympic sports these sports that fall under the us olympic committee's umbrella all adults are going to be mandatory reporters so if they suspect sexual abuse they have to report it or they potentially face jail time second they shielded the us center for safe sport from being sued for libel so that should give this center more leeway in pursuing these cases you know my impression it's early days right but i get the impression that certain sports are being more proactive in tackling this issue than others next week representatives from usa swimming gymnastics and taekwondo are going before congress to answer questions and i think it's going to be interesting to see what they say about what they're trying to do in house to try to protect athletes to greater extent than we've seen you know i think it's been a surprise and setting for a lot of us to see you nassar alone had over three hundred victims i mean it really blows the mind you know the lopez at this point that lawsuit the last time i checked in with the attorney he had nineteen plaintiffs it's so widespread and swimming you know has over one hundred fifty band coaches on its list it's pervasive and systemic problem and it seems like just now are we starting to give it the attention that it deserves alexandra starr of npr who's doing some outstanding reporting on on this subject which has flown under the radar for a lot of people in larger sports community alexandra thank you so much for joining us here on the sporting life thank you so much for having me next on the sporting life as we continue our get to know espn radio series the movie industry discussed jeremy and adnan virk thinks he knows why there's an over saturation of thickly superhero movies and.
"usoc" Discussed on KGO 810
"Of this problem and when we asked we i say my lawyer uh bob allard when he asked her why norm how cost has not been taken put on the banned list you know she said what we just haven't had a formal you know investigation into him well i don't understand what more does a child an athlete have to go through in order for them to take this sexual abuse this culture seriously y to want wanna stop people from molesting children i think it's a financial issue they because like you said usa swimming needs to be burned to the ground all of these old good old boys these uh these men and some women who have accepted this culture need to be removed needs to be taken out and not giving some lame crap excuse of health purposes but actually would take responsibility and point the finger and say no you are inappropriate you failed to speak up you need to get out of here and people me and i think it i mean and it comes back down to money uh you see so many of the huge money maker for the usoc olympic you know committee um unfortunately lives and child try hoods uh destroyed has a money and their priorities protecting usa swimming not the children jhansi thompson for olympic hopeful a victim of abuse by monster cochin usa swimming is not rooted out yet jhansi listen again it's it's brave and really cool of you to be doing what you're doing and i hope more people come forward and in the critical mass does reach for these people just can't hide me more uh but it's it's great to talk to you be out in let stay in touch alright right thank you or your bright yeah you got gotta well done now we're a news outlet you can call and we'll put it on the air if there's some breakthrough or if somebody's continuing to stonewall or whatever uh yeah booed nothing make his happier than bring them to their knees i have more comment on this you probably due to our tech's line is four one five two nine five kftc four one five two nine five afdc how many tens dozens or hundreds of people would have to be aware that this was going on and organisationally back stay tuned to.
"usoc" Discussed on KQED Radio
"From npr news this is all things considered i'm also chang i'm ari shapiro the head of the us olympic committee has stepped down according to the usoc scott blackmun resigned due to health issues pressure had been building for changes to committee leadership after multiple stories of sexual misconduct by olympic coaches and staff washington post columnist sally jenkins joins us now hi there hi you're one of many calmness to have called for a total overhaul of usoc leadership do you think blackman's exit is due more to those sorts of critiques or to the health problems that he cited oh i think it definitely is an absolute catastrophe at the united states olympic committee with the sexual abuse cases i mean this is far far from over i think are more get closer to com there's more investigating could be done more disclosures more investigating do you think more resignations oh i think so i mean i i think there in for a thorough reorganization uh i think they'll be other resignations i think congress whose he's going to take a really strong hand at this point uh i think there's a big demand among athletes for for a really a full uh investigation i don't think we know the whole truth yet in the announcements at the us olympic committee highlighted what it calls additional reforms and new initiatives designed to protect athletes from abuse and respond quickly and effectively when you shoes surface do you think the committee can change from within as it up to this task i don't think so i think this is a classic crisis management these are uh you know these are measures that should have been taken two years ago if not thirty years ago uh i you know i i really i don't think any athletes have faith that the usoc uh is truly self investigating or uh in a position to selfcorrect and setting aside the sexual misconduct allegations you've also talked about the incredible pay disparities more than a hundred usoc staff earning hundreds.
"usoc" Discussed on WNYC 93.9 FM
"Wnyc supporters include ifc films presenting the death of stalin a new political satire from the creator of the and in the loop starring steve shemi and monty python smuggled palin starts friday from npr news this is all things considered i'm also chang and i'm ari shapiro the head of the us olympic committee has stepped down according to the usoc scott blackmun resigned due to health issues pressure had been building for changes to commit leadership after multiple stories of sexual misconduct by olympic coaches and staff washington post the sally jenkins joins us now hi there hi you're one of many calmness to have called for a total overhaul of usoc leadership do you think blackman's exit is due more to those sorts of critiques or to the health problems that he cited oh i think it's definitely a respond to the absolute catastrophe at the united states olympic committee with the sexual abuse cases i mean far far from over i think there are more get closer to calm there's more investigating could be done more disclosures more investigating do you think morris nations oh i think i mean i i think there in for a thorough reorganization uh i think they'll be other resignations i think congress whose is going to take a really strong hand at this point uh i think there's a big demand among athletes for for a really a full uh investigation i don't think we know the whole truth yet in the announcement said the us olympic committee highlighted what it calls additional reforms and new initiatives designed to protect athletes from abuse and respond quickly and effectively when issues surface do you think the committee ten change from within is up to this task i don't think so i think this is a classic crisis management these are uh you know these are measures that should have been taken two years ago if not thirty years ago uh that you know i i really i don't think any act we'd have faith that the usoc the uh is truly self investigating or uh in a position to selfcorrect and setting aside the sexual misconduct allegations you've also talked about the incredible pay disparities more than a hundred usoc staff earning hundreds.
"usoc" Discussed on Xtra Sports Radio 1300 AM
"Like for us in our house oak louis jim won the olympics do that she very um i don't know this sends is going to sound median but i don't really care any team does not seem kind of fabricated like all may day chloe kim was like this amazing i mean she was an interesting story going into it and nobody really knew she was going to actual eyes her potential and she did and then overnight boom she's uh she's she's all over social media yep trending she's cool everybody's you know the clooney kim rv um maybe and and maybe maybe it was a true grassroots thing and i just wasn't a part of it uh kind of like shot away like i wasn't really all the shot white train but everybody else was it was sort of overnight look shot white became this amazing um human being and i was like oh wow okay so maybe maybe i'm off on that but uh there are i think she has like it's like a sleeper cell because it you man you matt chloe kim right i mean you you win in park city i i see that and there's nothing wrong with having like a machine behind you but i think that she had the machine and all she needed was to win and then that machine would blow out and it would seem like you know like it was grassroots but it's really not rather fair because she was popular at the usoc um media summit um but because i don't follow i don't snowboarders skiing idol falso border skiing um i guess i was out of tune with it so that's fair and i sugar pop up like that but it just seemed very quick gnome you know sort of sort of two quick almost no i i i see i agree i'm agreeing with you i'm just trying to find he was on the line easels preolympics like they were ready for this holy ready for any even make the same argument 'cause i mean i think apolo anton ohno was you know thought of shoddy davis everybody was okay this guy talich he could go as long as he realizes it and.
"usoc" Discussed on ESPN Pittsburgh
"Comments well there's been a lotta eyeroll way uh sean is a very strong personality you remember from the first time i saw him compete in in turin twelve years ago uh he's a guy who has always been a little bit away from the crowd very outspoken it it's not unusual for him to sip sorta stand out this way he's not afraid to ruffle feathers uh but the usoc shell like you know there there's been so much from their perspective negative news coming into these games is the last thing they needed i mean today you had the usoc press conference and chairman larry probes immediately launched into a sort of defense and mayor culpa about how the usoc handled uh larry nassar is accusations or the accusations against him uh involving usa gymnastics uh it has been one tough issue for them after another so that was supposed to be feel good moment picking the fly bear it just seems like no matter what the issue is here there's there's there's got to be something that goes with it davis's appeared in every olympic winter games is two thousand two was the first black athlete to win an individual gold medal at a winter games lou williams overshadows blake versus ex mates and the remade cavs are again no more to cleveland's roster and jimmy d a very rich man that's next this is espn radio his berkeley y'all this berkeley reside general manager colby all been the next busiest manning cleveland today he's the cavaliers equipment manager more coming up on espn radio now with all behind.
"usoc" Discussed on KQED Radio
"Other things that i have wondered about in all of this when we hear that people say john ryan that it's not surprising that this could happen did this kale of its surprise you though or that were the the length of time it it did i i must say you know a nonaligned about um female gymnastics surprises me but the these scale as you said the numbers and how long this went on and that's when i i do get these cut a you know every time sort of the sick culture of gymnastics sort of seeps out into the world i get calls from media then i'm thinking oh my goodness my book came out twenty three years ago and we're still talking about the same things this is on a bigger scale that it is the same thing and i and i just it's on i just responded with such fury this time around because if nothing else noone in usa gymnastics noone at the usoc no one at michigan state who has any news has any knowledge of gymnastics can claim that they didn't know this was a culture a culture of abuse because my book came out and it was widespread it was on sixty minutes oprah usa gymnastics said they were changing everything so they spent at least twenty three years putting their head in the sand and letting this culture of abuse not only continue but to flourish and again june ryan is a former sports calmness with the san francisco chronicle in the san francisco examiner and her book is little girls and pretty boxes the making and breaking of elite gymnasts and figure skaters ross the talking with jusco burn she's the host of jim cast if the gymnast ex podcast and emily austin she senior policy an advocacy associate with the california coalition against sexual assault emily austin what is the effect when it's your parents who are hesitant to believe also your accounts of what's going on there was one gymnast who talked about how she was made to apologize to her dad after she came forward with the story about how he was touching her in a way that you thought was an appropriate yeah we see that child sexual abuse has a whole plethora of complex issues and shame that survivors have a lot of internal shame that can then can be ratcheted up by.
"usoc" Discussed on Outside the Lines
"Often think about that turn off of him we may never fully heal and you need to face the truth and the consequences that accompany yet well we can hope that the michigan state trustees are watching and usa gymnastics in the usoc it's been a a draining we just to watch and it has redefined the concept of courage to me yeah aides extraordinary week to see these victims come forward demonstrating so much courage with with him sitting right there in the courtroom and then you know we heard alley reese in referring to the letter he wrote to the court where he was saying he thought it was unfair that he should be subjected to hearing them talk i mean most we talk about extrordinary i mean the gall an aids it's like what can you say in one of the striking things here as well as youth the power this guy wielded now he wasn't the coach was at the head coach when he was someone who is so ingrained in the programmes usa gymnastics michigan state the club team in lansing that you know these young women and girls felt they couldn't question him and if they took their complaints too far they were going to be punished in some way this is a guy who wielded so much power from his position that he he was able to do this stuff with impunity for decades and and can of racking my brain all week try and figure out some point to make that matters you know that actually can maybe change something and the only thing i could really land on his the how many more institutional failures are we going to deal with in the sports world before we decide some reckoning needs to occur with the way sports institutions operate and you can go back to colorado i was attending colorado when the colorado scandal having penn state behler and now this gymnastics one in every single time you can say as i said and other people were saying the penn state villa this is not just about penn state and baylor this is about what is happening within our athletic world's that are allowing specific predators to be able to continue to flourish and that remains true today all across the country over athletic departments in over a lot of our sports programmes it's a kind of care about the program first i've been around athletic departments for the last.
"usoc" Discussed on WTMJ 620
"I have the money but uh i don't have the matter usoc ben fred it you have to do something may be at the end of it he doesn't on some form of contingency and ranges for you out of the property what's what lives in the property now fred i do well you don't want her to sell the sing right from under so you have talked a lawyer and say i don't have the money but what do i do you you need some help on that you can't just i don't have the money in a gory hindu that hey matthew welcome to hear more on the law hey bill i got an actor there uh and it worked chuck real langer i i've rear end into lengthy now she's doing the company an unnamed on the law always happens outweigh the company will defend you also matthew no problem yeah there shouldn't be 'cause you were you were at work you were you know work truck you're not going to be responsible individually matthew they're just got it here's the deal matthew week a rule that every lawyer follows is when there's a lawsuit filed you name everybody everybody even peripheral e involves fall at fault nodded fall working for someone not working for someone is so big deal matthew they'll handle it just make sure that you're covered and you will be just follow up on it and just out of the insurance company the that that's hanley had to say hey you know my name is on a can you make sure that has answered on my behalf also got him now thank you all right take care also when the settlement happens and there will be a settlement inevitably special few rear end to someone unless are crazy enough to go to trial and very few cases ever go to trial specially when you're talking about fender benders matter of fact they never go to trial when the settlement.
"usoc" Discussed on Slate's Hang Up and Listen
"Really um said last week maybe will send our contingent too wherever we want yes there huckabee sanders said the same thing this i think is more about sabrerattling with north korea than um with this wretched situation but i'm steffan what are your thoughts on that i thought so that it's really not the administration's decision on the an illustration can try to influence what the us olympic committee decides to do but the final vote is made by the usoc about whether to attend an olympic games are not in nineteen eighty jimmy carter came out and said that we urge the usoc to boycott the olympics body was a usoc vote that enshrined that into reality it is state department will put a travel ban on for south korea from a competitive standpoint and thinking back to 1984 when the soviet union and go to the games los angeles looking at this extremely hilarious metal table where the us had a hundred and 74 total medals next as west germany with the 59 the us at eighty three golds two romanias twenty they're not as many medals on offer and the winter olympics so uh our american hero us are not gonna rack up uh such a huge margin here but is this going to affect the medal table how many medals where the russians likely to win an are those going to get redistributed to the usa i think i i think it is going to affect the medal table lot russia had nine golds and so g twenty two medals for years before that they only had three golds in about fifteen medals but especially i think it will affect the medal table and women sportswear.
"usoc" Discussed on Radio Free Nashville
"And health care we could really do so much with these funds and instead we are giving it to corporations and people who have never been richer and never been more profitable let's go to senator bernie sanders city hearing talking about the tax bills impact on the federal budget how many hours have our view and usoc veil and we've seen all the charts and all the discussion about how terrible the deficit is what it means leaving this walk kids and our grandchildren we heard all of that rhetoric year after year and now we have a bill that raises the deficit by one point four trillion dollars to one point four trillion dollars it raises the deficit and then talk about the individual mandate and wet at fort book health healthcare what this is going to be for that those those of us who who follow this closely never believed to the republicans sort of chicken hawking about the deficit we knew it was always about an ideological desire to shrink government so that they could cut taxes and so what they're doing is cutting taxes and shrinking government and it doesn't matter the the rules that they're using is saying that it will that these tax cuts will grow the economy and therefore somehow pay for themselves forty one out of forty two a con a message of all ideological striped survey by the university of chicago said that this massive tax cut would lead to no substantial economic growth and see ozer agreeing they're saying if you give us a windfall without there being any change in the underlying demand mix without more customers coming into our shops because working in middle class people just don't have enough money to be fuelling this consumer economy we're just going to give that money to our investors in our shareholders so it's going to be yet another aspect of the windfall that's not going to create middle class good jobs workers just don't have the bargaining power to make that kind of a windfall to corporations translate into their pockets owners to other aspects of these tax reform what is where the senate version of the bill is actually worse in some ways in the.
"usoc" Discussed on News-Talk 1400 The Patriot
"Usoc didn't didn't snoop dogg come out in support hillary so where's the discussion about this disgusting vulgar album he's put out with donald trump dead and a toe taxing trump this will discussion ahead about ted nugent calling obama subhuman mongrel he apologize some republicans come out very forthright centre paul senator mccain and that was swart but for whatever reason greg abbott still has not done that and i feel it's going to continue to haunt him in is race for for governor heart go ahead with now i think it's pretty clear that the greg abbott campaign if they would have known this video without there would not have had income with him at this campaign stout or pay for it i know actually starting to campaign caught on i've talked to be able to campaign i've been dealing with us for about forty eight hours with everyone who is involved from winning davis's people to greg abbott people to my show intended kennedy say so i know a little bit about the history here they see the point hype we're ventilated discussion about ten new can referring to a bomb as a subhuman mongrel he apologized to discussing this will there be a segment on him missing beheco on rachel maddow on lawrence o'donnell on chris hayes ripping snoop dogg four touting the assassination of president trump second time this year it talked about coming to do this specifically in a quick decision after when he davis flipflopped on guns that's why it happened for what i've been told about and they obviously did not know this quote without there and if they would have known it without their they probably would not have asked him to come obviously now they definitely what nab ethnic combination guy ted nugent today let me ask you a question bend because you know he then cut current and continued on your show he said well if you had a chance to talk to president obama what would you call right now and he went often called him a liar he's call them an idiot before two are dead fair it yeah i mean so greg habits was totally fine going having a guy come and introducing another called the press in a liar in an idiot and a whole lot of other things i mean some he'll inaugural heading but i mean.