29 Burst results for "Walton Family"

Sen. Bernie Sanders calls for tax on billionaires' gains during the pandemic

Squawk Pod

02:38 min | 2 months ago

Sen. Bernie Sanders calls for tax on billionaires' gains during the pandemic

"A major milestone for the Nasdaq on Thursday the index briefly crossed eleven thousand for the first time ever the Nasdaq them closed out the day a hair below that eleven km milestone, a record high that's the indexes six record close in. So. Far, the Nasdaq is clocked a record close thirty one times in twenty twenty. It's remarkable run for the and exit especially considering what a hit like the rest of the stock packet back in. March. Clearly, the Nasdaq is come back with ferocity it's gained about twenty three percents alone the S. and P. Five hundred and the Dow Jones indices have each clocked day winning streak and the S&P is now near percentage points away from his own twenty twenty. Of course, record highs in the marketplace seem at odds with the troubles were seeing a real economy small and medium businesses are shuttered big retailers bankrupt individuals and entrepreneurs are anxiously awaiting more government relief according to some as you'll hear, the disconnect is in part due to the Federal Reserve's unprecedented actions throughout the pandemic. And investor competent that the Fed will continue to support the markets. One former presidential candidate is calling for billionaires to step up to the real economy. Here's duckie quick Senator Bernie Sanders he is now. Calling for a crackdown on billionaires, this is what he tweeted last night. I will be introducing legislation tomorrow meaning today to tax the obscene wealth gains billionaires have made during the public health crisis. The senator tweeted a thread explaining his proposal saying while over thirty million. Americans. Have seen their six hundred dollars a week and unemployment benefits. Expire emergency actions taken by the Federal Reserve to prop up the stock market have meant that four hundred, sixty, seven billionaires saw their wealth go up by over seven hundred and thirty billion dollars since the pandemic began while Amazon is denying paid sick leave hazard pay personal protective equipment to four, hundred, fifty, thousand of its Workers Jeff Bezos has increased his wealth by over seventy billion dollars. Amazon shares are up more than seventy percent year to date. You can see this morning down by about twelve dollars. Senator Sanders also calls out Walmart's Walton family. Tesla's Elon Musk and facebook's mark Zuckerberg for making billions of dollars during the pandemic, and then trying to juxtapose that with what they've done for some of the workers along the way he then said by taxing sixty percent of the wealth gains made by just four, hundred, sixty, seven billionaires. During this pandemic, we could guarantee has a right for an entire year and billionaires would still be able to pocket over three hundred, ten billion dollars gains during the worst downturn since the Great Depression.

Senator Bernie Sanders Federal Reserve Amazon Senator Mark Zuckerberg Elon Musk Walmart Jeff Bezos Tesla Facebook Walton Family
IRS Announces Taxpayers Can Make Checks Directly Payable To Any Corporation Or Billionaire They Want This Year

The Topical

02:48 min | 3 months ago

IRS Announces Taxpayers Can Make Checks Directly Payable To Any Corporation Or Billionaire They Want This Year

"The onion and onion public radio. This is the topical I'm Leslie Price. Mother fucker and we'll be right back. Hey, does anyone know who I talk to about getting my w two? If there's one thing everyone hates. It's doing taxes. However, the Internal Revenue Service recently announced a major change that they're hoping will make it easier this year for taxpayers to file OPR's financial correspondent Marcy Hammond joins me now with more on this marcy. What can you tell us well as lead the? IRS is rolling out a new system that will cut out the middleman so to speak starting this year. Year tax payers are instructed to just make their checks payable to any billionaire they want. It certainly does get rid of a step or two, but what led to the IRS making this change well irs funding has been cut by twenty five percent in the last ten years leaving the agency understaffed and under resourced. It takes a large workforce to get all that money into the pockets of the. The wealthy so from the tax agencies point of view. This change kills two birds with one stone. I spoke with Iras agent Marcia Krieg. Who explained how it works? Sending money to us have become irrelevant wasteful step. The IRS would cash taxpayers checks only for the funds to then be transferred to billionaires in the form of corporate subsidies, tax breaks and money grants for the corporations, but having tax payers. Payers right there. Check directly to Mike Bloomberg. Bill Gates or anyone in the coke family really streamlines that process so tax payers choose which of the nation's richest CEO's. They send their money to to be honest. It doesn't matter any of the five hundred and forty billionaires in the United States will do because your cash is eventually going to end up going to them anyway. However Payments Jeff Bezos. The fastest interesting, and how has it been working out for those who have already filed their taxes this year? Well I spoke to a few taxpayers, and so far they seem to think this new rule just makes sense. It was really easy. I paid my billionaire online turbo tax offered me some suggestions to choose from Howard Schultz Jack. Dorsey I chose the Elon Musk option and with just a click I deposited the money right into one of his. His offshore accounts I went down to H. and R. Block and ended up owing two hundred dollars to mark. Zuckerberg. I thought about fudging the numbers a bit, but facebook probably House on my financial that already in I. Don't WanNa on it. That brings up an interesting point. What if you owe a lot of money and taxes and the time to pay off or to get an extension? Well Billionaires Larry. Page Jamie, Dimon and the Walton family of. Of already set up their own tax, departments offer payment plans to tax payers, but just a warning. The interest rates are very high. It might be your only choice if you can't afford to pay. Just don't try to duck out on paying unlike the IRS, these tycoons wield a lot of power, and they will ruin you. Good advice but marcy I have to ask. This information has been out for a while now and today is tax day it. It seems like all. This information would have been more helpful to our listeners a few weeks even months

Internal Revenue Service Marcy Hammond Jeff Bezos Leslie Price Mike Bloomberg Marcia Krieg Bill Gates Facebook United States Dorsey OPR Howard Schultz Jack CEO Zuckerberg R. Block Jamie H. Dimon
"walton family" Discussed on America Adapts the Climate Change Podcast

America Adapts the Climate Change Podcast

03:10 min | 5 months ago

"walton family" Discussed on America Adapts the Climate Change Podcast

"We just <Speech_Male> touched upon your ocean, conservation <Speech_Male> work, but <Speech_Male> as As you guys do <Speech_Male> some outreach <Speech_Male> speaker for blue <Speech_Male> is another podcast <Speech_Male> that focuses solely <Speech_Male> on ocean <Speech_Male> conservation so I <Speech_Male> encourage you to <Speech_Male> reach out to them. They really <Speech_Male> have a nice mix <Speech_Male> of folks. And so if you are <Speech_Male> looking at different platforms, <Speech_Male> <SpeakerChange> they do <Speech_Male> a spectacular job. <Speech_Female> Excellent, thank <Speech_Female> you <SpeakerChange> I appreciate <Speech_Male> the referral <Speech_Male> the host <Speech_Male> there. He's a really nice guy. <Speech_Male> Okay, so I have two <Speech_Male> last questions for you, <Speech_Male> and maybe you know what's coming <Speech_Male> here and <Speech_Male> so who <Speech_Male> has been a major <Speech_Male> inspiration <Speech_Male> to you <SpeakerChange> in the environmental <Speech_Female> space <Speech_Female> L. Wow. <Speech_Female> <Speech_Female> I hadn't thought <Speech_Female> about that. I <Speech_Female> have several <Speech_Female> at some of the <Speech_Female> shade, <Speech_Female> but <Speech_Female> you know I <Speech_Female> have <SpeakerChange> as <Speech_Male> a as <Speech_Male> a woman, and as <Speech_Female> someone who identified <Speech_Female> as a scientist <Speech_Female> always. <Speech_Female> been incredibly <Speech_Female> <Speech_Female> <hes> inspired by <Speech_Female> what Rachel Carson did <Speech_Female> not just <Speech_Female> because <Speech_Female> of like. <Speech_Female> that. She <Speech_Female> wrote <Speech_Female> that book whatever, but <Speech_Female> like she was such <Speech_Female> a, <SpeakerChange> she <Speech_Female> was such a <Speech_Male> brave <Speech_Male> communicator <Speech_Female> and <SpeakerChange> her story <Speech_Female> <Speech_Female> about you <Speech_Female> know, really come <Speech_Female> up. She came to what <Speech_Female> she was doing. Just <Speech_Female> have always been really <Speech_Female> inspired by <Speech_Female> I, went to college <Speech_Female> and <Speech_Female> I read new routes for <Speech_Female> agriculture by West <Silence> Jackson. <Speech_Female> And <Speech_Female> that really <Speech_Female> I had <Speech_Female> never thought <Speech_Female> about all those issues <Speech_Female> in that book. <Speech_Female> Just really inspired <Speech_Music_Female> me to <Speech_Female> think about how <Speech_Female> agriculture <Speech_Male> could be <Speech_Female> part of environmental, solution. <Speech_Music_Female> <Speech_Female> And so. <Speech_Female> West Jackson <Speech_Female> Wendell Berry <Speech_Female> that whole kind of <Speech_Female> school Fred Cushman. <Speech_Female> That whole kind of school <Speech_Female> of people <Speech_Female> who really see. <Speech_Female> <Speech_Female> As a community <Speech_Female> activity that <Speech_Female> can move us forward <Speech_Female> in relation to the environment <Speech_Female> has <SpeakerChange> always been very <Speech_Male> inspired by as <Speech_Male> well cool <Speech_Male> and last <Speech_Male> question. <Speech_Male> If you could recommend <Speech_Male> a guest <Speech_Male> on this podcast, <Silence> who would it <SpeakerChange> be? <Speech_Female> Oh <Speech_Female> now that's <Speech_Female> fun. <Speech_Female> So I have some <Speech_Female> grantee <Speech_Female> in the middle of the country <Speech_Female> who worked with farmers, <Speech_Female> and <Speech_Female> who are just <Speech_Female> like really <Speech_Female> both <Speech_Female> wise <Speech_Female> and plain spoken <Speech_Female> about <Speech_Female> like what's <Speech_Female> happening in <Speech_Female> the middle of the country. <Speech_Female> <Speech_Female> And how they <Speech_Female> are seeing <Speech_Female> changes in the climate <Speech_Female> or changes <Speech_Female> in the weather <Speech_Female> and farmers are <Speech_Female> working to adapt <Speech_Female> to them, <SpeakerChange> and <Speech_Female> you know <Speech_Female> I have some <Speech_Female> I. Have Some folks <Speech_Female> like that who I think you <Speech_Female> guys? You would really enjoy <Speech_Male> talking <SpeakerChange> to <Speech_Male> so I'll send you a list. <Speech_Male> Okay good. <Speech_Male> We don't have a name, but you're going <Speech_Male> to follow up comedian list. <Speech_Male> That's awesome. <Speech_Male> All <Speech_Male> right more. This <Speech_Male> has been awesome. I love talking <Speech_Male> shops especially I. <Speech_Male> Don't talk to foundation <Speech_Male> so much so I hope <Speech_Music_Male> <Advertisement> this was an <Speech_Music_Male> enjoyable experience for <Speech_Music_Male> you. <Speech_Music_Male> Guys are doing some amazing <Speech_Male> things, and <Speech_Male> there's people out here. <Speech_Male> We have such expectations <Speech_Male> of you guys and they're probably <Speech_Male> not realistic expectations, <Speech_Music_Male> but there's so much <Speech_Music_Male> positive that can happen <Speech_Male> through foundations, and <Speech_Male> I appreciate you coming <Speech_Male> on and sharing <Speech_Music_Male> the great <SpeakerChange> work that you're <Speech_Male> doing Walton, <Speech_Female> thank you very much. I <Speech_Music_Female> really enjoyed it. <Speech_Music_Male> <Speech_Music_Male> <Advertisement> <Speech_Male> <Advertisement> Okay it actors. <Speech_Male> That is a wrap. <Speech_Male> Thanks to Dr More McDonnell <Speech_Male> for coming on the PODCAST. <Speech_Male> I don't have many <Speech_Male> foundation people on the <Speech_Male> POD and the offer unique <Speech_Male> role in the <Speech_Male> education universe <Speech_Male> I hope you learned something about <Speech_Male> how they operate, <Speech_Male> and what? Walton is <Speech_Male> doing in the conservation <Speech_Male> space. Thanks again <Speech_Male> <Advertisement> more for coming on. <Speech_Male> Definitely. Go check out <Speech_Male> the work in my show notes. <Speech_Male> Hey, <Speech_Male> if

Walton Rachel Carson Wendell Berry scientist Dr More McDonnell Jackson. Fred Cushman.
"walton family" Discussed on America Adapts the Climate Change Podcast

America Adapts the Climate Change Podcast

07:30 min | 5 months ago

"walton family" Discussed on America Adapts the Climate Change Podcast

"Is it something that you're addressing specifically? I would say that I hope you don't think this is the Dutch. We have a water program, and so we have goals around. Water quality water quantity fish know that kind of thing, but our whole goal here is to create solutions that lasts. That are durable right, so you obviously can't do that without thinking through the climate lands about like what you're talking about before about what land is going to be here in fifty years. In what land is not, we have not an we have purposely chosen not to Niger selves by climate outcomes but that. That doesn't mean that we're not weighing. The impact of climate change in thinking about adaptation were advancing, and I will say that it has it comes up in the context of strategic planning in the foundation. You know who the role of climate and you know should should we be climate change foundation and one of the reasons that we haven't is that there's not there's not that many foundations that really drilling on water. And there's a lot more money for climate, frankly so focusing on water and looking at the adaptation, even mitigation aspects of that I think is actually a really important play Utah for the future. Glad you brought that up. A. Foundation space a little bit and I have some colleagues at work in there, and I think maybe during the previous administration there was a pulse of interest from foundations to focus on adaptation, but it's my understanding. Allot have stepped back. You look at some of the big ones you know. Ski is still does some stuff in Rockefeller and but actually I think a lot of groups who work in the climate adaptation spacer like the foundations aren't funding that much at all and I'm. Just curious 'cause you interact with other foundations. You feel like that's something they bring up. You know what we really are all in with this. Is that what you're hearing? So the way it works in the space is that we talk about how we can work together like take Krinsky right. We have worked together in Costa Louisiana for a long time. They're not working there right now, but like we try to be strategic about how we can fit our work together. Together and so this was years ago, but it just gives you an example. The KRESGE program officer and I put together like a three day tour with a bunch of our guarantees in we did cross program learning, and so you know we had all the folks talking about you know. How do you manage the river? And they had all their folks talking about like what is land use planning to look like to compliment this kind of strategy? Our engagement engagement with? With other foundations sense that like how how can we? How can we work together to leverage one another to maximize impact in the given area? We WanNa Work I. Think you're right. I think adaptation is if there were to step back and look at philanthropy broadly. I, think it is. There is less focus on specifically on adaptation. I think people have have mentioned that before, but there is a lot of money going to climate, large right, and so when we think. Think about what is the relative niche that Walton can sell? And how does that Mary up with like the families historic interest? We still think that the water spaces like the place for us and I agree I feel like it's their absolute polar opposites, but in the climate space with mitigation, and you know what I mean by carbon emissions in that side of things a lot of attention. I think a lot of money a lot of fundraising that there their. People in the adaptation space we. We just don't feel like there's that much overlap. We want them to do their jobs in. Get the army missions under control because we're not gonNA be able to that if you don't, but it's just when it comes to actually doing on the ground work, it's just a different creature, so if I looked at as as it was looking at your strategic plan, and you know ocean conservation I would see all those just adaptation was the overall theme in those things just underneath it, because you can guess ultimately have the outcomes you want. If you're not fact, look at these massive changes. That climate change GonNa. Drive in these areas I know. Know. There's a of ways to look at this and I. I hear you in that. We need to be thinking for the future right I think that we also have to. It's really important to tap into like what drives people's passion right and I think it's also really important to look at like when we need for the twenty first century. Right and you know when I think about the work that we do in fisheries in the Upper Mississippi, or whatever like we're trying. We're working on the space of like trying to change agriculture so that we have the clean water and the booed. We need for the twenty first century so. Thinking away a lot of this work fits into the adaptation frame, but it's not as Just we do it in. We do it in a little different way than might be you know immediately accessible. And I'm here to post back to you. In part of what what I think's fine. In, why? I'm pushing back because I think the value of just sort of even acknowledging in the rhetoric adaptation is because you re. When you give grants, communication is a component that's written into a lot of those. How you? You're gonNA, read a report or are you gonNA do communication. And just acknowledging that, and just getting people comfortable with this notion of I, find it interesting you know I. Worked Were Wildlife, Fund and they're all conservationists, right, and that adaptation person there he has struggled to get their conservationists in the field to think about adaptation, which I just find remarkable. We actually did a podcast where they kind of aired their dirty laundry around it, which was fascinating episode, and they the people working on the field, doing facials. They don't necessarily see the adaptation overlapping with what they're doing and me and this guy just like that's all you're doing you. You are now an adaptation person if And I get people to maybe are more comfortable with me, the rhetoric of the existing status quo but I just think. There's an opportunity that and I'm rambling here to you, but it's just the the opportunity to communicate climate change adaptation I think all these guarantees and other programs we, it's to be a constant like doing ocean sustainability. You know it's think about abortion acidification that's going to be such a major driver of fisheries in the years ahead, so just huge opportunities to communicate to the public. Yeah, I mean I hear you, but I also think that if more people talked about it more, we'd have like they're all doing this work already. We just we're not embracing what we have to do to face this challenge ahead of us and but I also like I spent a lot of my time working with farmers. For them does like really polarizing shoes in. We can talk about the weather, but we can't talk about climate right and so I think we can make a lot of progress. In certain communities nullify you know, not fi refusing to talk about it or not acknowledging it, but finding them alone terms. So anyway, I think you can go. Both ways on both have a role. Now you've got I get it, and there's there are parameters of how you're engaging with the public and I. Get that, too, and I've had this conversation before. Just people that are implementing adaptation actions on the ground, some of purposely avoid even mentioning climate change because they're like..

Niger KRESGE Costa Louisiana Krinsky Ski Utah program officer Upper Mississippi Walton Rockefeller Mary
Walton Family's Wealth Climbs to $165.7 Billion With Recession-Resilient Walmart

WBZ Afternoon News

00:57 sec | 6 months ago

Walton Family's Wealth Climbs to $165.7 Billion With Recession-Resilient Walmart

"The fortunes of the Walton family the pioneers of American bargain shopping have reached new heights during a pandemic that has otherwise obliterated global markets the combined net worth of siblings Alice Jim and rob Walton has climbed more than two and a half percent this year to about one hundred sixty five billion dollars as recession wary shoppers flocked to Walmart stores to stock up on staples the Arkansas based company's dominance of mass market retail has made its controlling shareholders the world's richest family the Waltons own about half of the stock their gains make them an anomaly economic contraction caused by the corona virus pandemic has raised more than eight hundred billion dollars from the combined fortunes of the world's five hundred richest people that according to the Bloomberg billionaires index among the exceptions Amazon founder Jeff Bezos who has seen his fortune grow on orders from house bound shoppers and Eric you want CEO of zoom video communications maker of the now ubiquitous teleconference

Alice Jim Rob Walton Arkansas Eric CEO Walmart Amazon Founder Jeff Bezos
"walton family" Discussed on KFI AM 640

KFI AM 640

04:35 min | 7 months ago

"walton family" Discussed on KFI AM 640

"Number of tests available over the last several weeks their positivity rate is between three and four percent with lab core request expanded testing their positivity rate is between one and two percent so we want to also announce this new approach to testing which will start in the screening website I'm here this illustrated by Google where clients and patients and people that interest can go fill out a screening questionnaire moved down first symptoms or risk factors yes they would move down this and be told where the drive thru options would be for them to receive this test the labs will then move to the high throughput automated machines to be able to provide results in twenty four to thirty six hours that is the intent of this approach we've seen it work just in our own United States and we want to bring this across the continent thank you very much thank you very much right I'd like to maybe have Tony you want to come but be become a Hey I think everybody out here knows you pretty well but Tony's been doing a tremendous job working long long hours and you've seen a lot happened but this is been it's been a great experience in working with you has been terrific Tony place thank you very much Mr president this is an example of another example of what I've been referring to in my discussions with many of you in the audience as a proactive leaning forward aggressive trying to stay ahead of the curve and what you're seeing now with this order is that we're gonna be able to remove the constraints so that people at the state the local level the individual physicians all the way up through the federal government will have as many constraints as possible removed for them to do everything they possibly can so that we can implement the things that we've been talking about the containment the mitigation so that as I've said many times that curve that I referred to that goes up we don't want to have that curb we want to suppress it down to that small mound and I think what we've done today is something that is going to be a very important element and having us be successful in doing that we still have a long way to go there will be many more cases that will take care of that and ultimately as the president said this will end but what's going on here today is going to help the to end sooner than it would have thank you thank you very much if I could some of these folks who we know they're celebrities in their own right there the biggest business people the greatest retailers anywhere in the world and one of them is Doug McMillan from Walmart and I'd like to have Doug if you would say if you were listening to White House press conference the latest on the coronavirus that president did declare a national emergency and now he's left the podium for a one of the members of the wall of the Walton family owners of Walmart portions of our parking lot available in select locations in the beginning and scaling overtime as supply increases so the people can experience a drop their experience that the president described will stay involved and do everything we can from supply chain point of view to be of assistance thanks thank you very much I appreciate it very much I'll just stay right over here and Richard if you could come up thanks Richard which Walgreens thank you I thank you Mr president and similar to to dog and Walmart were happy to stand in here and helping communities all across America because a lot of times and we have natural disasters our stores or a beacon in the community and the situation is no different so we look forward to partnering with the CDC the administration HHS and the task force and specifically to the vice president's doing such a fantastic job we're ready to engage and help thank you thank you very much great Jeff thank you very much Brian Cornell target right thank you place well this resin thank you for inviting us here today along with our colleagues from Walmart and Walgreens are partners at CVS normally you do you S. as competitors but today we're focused on a common the better and that's the feeding the spread of the coronavirus and we look forward to work with the administration to do our fair share to alleviate this growing threat so thank you for including us today in the near term we're all committed to.

"walton family" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:33 min | 8 months ago

"walton family" Discussed on WNYC 93.9 FM

"Generations more information at Walton family foundation dot org it's morning edition on WNYC good morning I'm Richard hake six twenty five forty two degrees fair skies stay tuned coming up a Manhattan church is fighting fears over the new coronavirus there are no known cases of the virus in the city but people of the New York Chinese alliance church are voicing their concerns we'll have that coming up later this hour increasing clouds today highs near fifty six degrees there is a chance of some light rain late tonight into tomorrow rain is likely tomorrow into tomorrow night then it should clear up by Friday right now forty two degrees fair skies in New York WNYC reporter and co host of odd trump Inc podcast is here in the studio emeritus here with me this morning because we are on the first day of WNYC's winter fundraiser for twenty twenty this is where we ask you to produce morning edition and everything you get on WNYC because support from listeners is W. NYC's largest source of funding we're asking for a little bit of money maybe five dollars a month ten dollars a month fifteen dollars a month you could become a sustaining member or you can give a one time gift go to our website W. M. S. he dot or pick out one of the great thank you gifts that we have it all different pledge levels you can go to WNYC dot org to make your contribution or you can call us up at one eight eight eight three seven six nine six nine two and Ilya I know that if we have a very special challenge of people would like to join us by becoming a sustaining member that's right I know a lot of you out there like a challenge you're like a little.

Richard hake WNYC reporter W. NYC Ilya Walton family foundation Manhattan New York Chinese alliance New York trump Inc twenty twenty
"walton family" Discussed on KQED Radio

KQED Radio

04:07 min | 11 months ago

"walton family" Discussed on KQED Radio

"To solve social and environmental problems to improve lives today and benefit future generations more information the Walton family foundation dot org and the listeners and members of KQED public radio eighty eight point five FM coming up on seven forty six it's morning edition from NPR news I'm Steve Inskeep and I'm David green the largest utility here in California PGA and he has been blamed for deadly wildfires is faced intense criticism for widespread force power outages during the wildfire season and utility is also dealing with financial was having been in bankruptcy now for months they've come up with a plan to exit bankruptcy but California's governor Gavin Newsom is rejecting that proposal and this comes as the bankruptcy is making some people very very rich resa Lagos member station KQED has been reporting on this I'm racer Hey okay so P. Jeannie files for bankruptcy after these several years of wild fires caused by their equipment do you have the governor saying now he's not happy with the way their plan to reorganize and come out of bankruptcy why is that well importantly news and has to sign off on this plan for them to exit chapter eleven or they won't actually be able to access the state insurance fund to help sort of protect them against bankruptcy again if they cause future fires the governor sensually says he's worried that their proposal depends too much on debt and he wants more accountability he doesn't think this company is going to be changed he wants to see a new board of directors that's made up of majority Californians and a plan for essentially handing control of the company over to the state if they don't meet expectations when you've been looking into this digging into this bankruptcy and and seeing that there are some people who are really profiting from the bankruptcy what what exactly you're learning yeah there's like an entire industry built around restructuring big companies that are in trouble so there's a couple ways Wall Street investors and corporations are benefiting one is the lawyers and consultants hired officially as part of this process they built about two hundred and seventeen million dollars in fees and expenses through the fall they're big New York banks like JP Morgan and Goldman Sachs that are loaning peach any money right now I'm teaching is pay them about a hundred and fourteen million dollars this year to borrow that money and some estimates I think that that number could top of billion dollars by the end of the S. I'm and then there's some other into wrecked ways that Wall Street investors are making a killing in indirect like you mean like playing the stock market was sum of money yeah I mean that's part of it the stock has fluctuated wildly over the past year and and that means a lot of opportunity for day traders but there's also a group of hedge funds that could make hundreds of millions because they're basically on both sides of the table in the bankruptcy the on equity in the form of stock in the company in the about debt against P. Jeannie over the past year in the form of insurance claims what how how does that work is that so basically your house burns down there had an insurance company pays our claim they go after who caused the fire in this case P. Jeannie sure but some of these big insurance companies didn't want to wait around for the bankruptcy case to be resolved so they actually sold the data at a steep discount to these hedge funds who now can attention essentially make money into it through the eleven billion dollar insure insurance settlement P. Ginny is proposing as a way to exit the bankruptcy and through the stock they continued on which could rebound significantly in the coming months if they get you know everything together okay we have see if people profiting from this whole thing who's footing the bill for all of this is going from Austin investor to investor ray but when we talk about fees insurance settlement PDS sole source of revenue is rate payers here's Marc Tony he is a rate payer advocates he Jimmy didn't have to go into bankruptcy they did it for their financial advantage and to try to stick their shareholder cough to the rate payers so the governor seems have similar concerns and now that he has rejected the bankruptcy plan he's apparently trying to make sure the company and that more financially viable and less likely to start fires so the story about a company and also really learning a lot about bankruptcy works KQED reporter Marie select US forces morning thanks so much my pleasure.

KQED Walton family foundation
Walmart to stop some ammo sales, ask to not open carry guns

Ben Shapiro

07:01 min | 1 year ago

Walmart to stop some ammo sales, ask to not open carry guns

"America is always talk about corporate America Stoll right wing corporate America show conservative so evil because it's conservative and yet when it comes to woke signaling corporate America is first on the bandwagon why well they figure that people on the right we'll keep shopping wherever they can get the chips products and people on the left are not dress and demand absolute guilty to all their principles in order for them to shop at their store thus Walmart which is owned by the Walton family right which is a conservative family they have now decided to dramatically step back from ammo sales after a horrific shooting. CEO Doug McMillon announced the changes. Walmart said on Tuesday will discontinue all sales of handgun ammunition and sales of short barreled rifle ammunition that can be used with military style weapons following too horrific shootings Walmart stores this summer. it will also stop all handgun sales in Alaska marking its complete exit from the hand guns category now why are they doing this because they don't want that press it is that simple and all that is happening is that the press have been ripping on Walmart and anybody else who sells MO proclaiming that all of the stores are then responsible for what happens with the ammo which of course is not true nobody suggests that Walmart is responsible for a man beating his wife met with a hammer if you got the hammer from Walmart nobody suggests that but because the media have drawn this ridiculous connection you want the ammo one place therefore they are responsible for what you do with them now Walmart is running screaming away from this particular friend this is what the left would like it with the left would like is for all corporations to bow before them. not does open to market opportunities for competitors they'll be competitors who then are able to sell and a little drive the price up a little bit until new competitors come into play but the biggest retailer in the world also is asking customers a Walmart and Sam's club to no longer openly carry firearms in stores in states where open carry is allowed unless they are authorized law enforcement officers. which definitely what will help things nothing nothing makes you shooters feel. more comfortable than walking place were nobody else has done. so obviously if you're trying to cut down on shootings what you should do is make sure nobody looks like they have a gun. open carry legislation is currently on the books in more than twenty six states are going to Dan Bartlett the executive VP of corporate affairs well my answer will be changing its policy for customers that permits for concealed carry we'll be adding signage to stores in coming weeks to communicate the changes. shares of common gun and ammo makers added to losses earlier in the day all these gun and ammo makers close down because obviously Walmart is one of their distributors Walmart shares closed up zero point three percent following their announcement but there will be a longer term a fax is not the first major company to announce they would no longer be selling ammunition other major companies that have done so in the past I've seen a bit of a decline because after all they're taking marketable product off the shelves C. O. Doug McMillon said in the memo we believe the opportunity for someone to misinterpret a situation even an open carry states could lead to tragic results we hope that everyone will understand the circumstances that led to this new policy and will respect the concerns of their fellow shoppers in our associates we've also been listening to a lot of people inside and outside our company as we think about the role we can play in helping to make the country safer it's clear to us that the status quo is unacceptable well you mean the status quo people buying things like in a normal way. McMillan also is asking for action on common sense gun measures from the White House and congressional leaders so they're gonna get overtly political now is calling on the government to strengthen background checks and remove weapons from those have been determined to pose an imminent danger so this is corporations now seeking to avoid public scrutiny by casting on the government you see this from big tech companies also calling on for example the government to regulate first amendment concerns so they don't have to be blamed for it corporations are in the business of risk mitigation they do not want to have to bear the public relations nightmare of selling ammo and getting blamed by everybody in the media for now if corporations actually had stones it just wasn't we sell ammo to anybody who is law abiding and if the government fails to do the background check that's on the government you don't like it then very easy solution for it make ammo illegal and see how that goes in the courts of corporations don't have the stones for this sort of thing anymore most corporations are now in the business of mitigating risk. and basically cramming down the left wing point of view from the corporate level as opposed to from the government level it's very convenient for everyone left gets to claim correctly and this is not government subsidized action. and then the right can't complain because it's a private corporation. but the amount of power that these major corporations have American life if they decide to cave to the left is pretty massive obviously so corporations are kind of a quasi pressure to government form almost they're not government obviously and we should regulate them like their government. but the left has discovered a weakness in the system that is major corporations that control significant swapped of American life being pressured into doing their bidding the NRA of course said that one's a Walmart will soon be replaced by lines at other retailers are more supportive of America's fundamental freedoms. it all rock of course would not be bought off and this is the thing the Walmart doesn't understand nobody and left understand nobody in corporate America understands this you can start feeding the crocodile in the hopes it will eat you last it will still eat you. presidential contender metalwork raise Walmart's decisions that we can't rely on corporations to stop gun violence. Elizabeth Warren said good start but it's not nearly enough Walmart can and should do much more we need real gun reform now Bernie Sanders and I applaud the brave Walmart workers who called on the company to stop selling guns I love the Bernie Sanders like. that that workers are the ones who did this really name the workers it seems like the management at it he said this is a good step but we still have a gun violence crisis so other words thanks but no thanks we don't care we're still gonna yell at you because you're a major corporation. Walmart said its market share of animal will drop to a range of sixty nine percent falling to lower end of that range over time make the ones that we know these decisions will inconvenience some of our customers we hope they will understand as a company we experience to horrific events in one week and will never be the same. well you know what would be a good solution to this for Walmart to hire more security obviously that would be something that would be worthwhile. McMillan said he will be encouraging other retailers to act to make the overall industry super I'm sure he well he would like for other retailers not to compete. he said we're exploring ways to share the technical specifications and compliance controls for a proprietary firearm sales technology platform this system navigates the tens of millions of possible combinations of federal state and local laws regulations and licensing requirements that come into a fact based on where the firearm is being sold and who's purchasing it we help the providing this information free of charge we'll help more retailers sell firearms in responsible complaint manner. Walmart in the nineties stop selling handguns in the US with the exception of Alaska in twenty fifteen is stop selling A. R. fifteens following parkland they stop selling firearms ammo to people under the age of twenty one. so again corporate Graham downs. taking place your customers the ones who were hurt

Walmart America Mcmillan America Stoll Doug Mcmillon CEO Bernie Sanders Walton Alaska Elizabeth Warren United States NRA White House Graham Downs. A. R. Sixty Nine Percent Three Percent
"walton family" Discussed on Planet Money

Planet Money

02:26 min | 1 year ago

"walton family" Discussed on Planet Money

"My name is leo susser. I'm thirteen. I'm in seventh grade. I'm wondering about the inverted yield curve because it just inverted like i'm worried that there could be another recession. Okay well listen <hes> as it happens. Leo planet money has a spinoff off podcast called the indicator. Have you ever listened to it. I've heard of it. We have actually done a bunch of episodes about the yield curve already so i'm gonna make you a deal. I'm going to send you episodes of the indicator to listen to and then after the show. I'm gonna give you a call and see what you think. That's sound good yeah. This is a great topic to be asking about right now and actually leaves not the only one a lot of people have been e mailing planet money to ask what is up with the yield curve and does it mean. We're about to have recession now. As you'll hear my co-host stacey vanek smith can vouch for the fact that i am kind of obsessed with the yield curve. I find find it fascinating. I find it mysterious and i'm amazed by the fact that for the past six decades when the yield curve invert it has anticipated every single recession so today we are putting together our two favourite indicator episodes about the yield curve and we're going to dedicate them to liam. Hello welcome to planet money. I'm card garcia and the show the yield curve. What is what it means when it in verts what it means that it doesn't for an interview with the guy who discovered the inverted yield curve as a recession predictor and finally are answered the question of whether you should be scared and nervous and panicking when you see those headlines about the yield curve in verdict. You shouldn't by the way real quick short answer. This message comes from n._p._r. Sponsor principal principal understands you may have big plans for your money and sometimes life has something else in mind twists and turns. You never see coming twists like job. Transfers and turns like rising college tuitions principle can help you plan for that learn more. We're at principal dot com principal life insurance company a member of principal financial group demoing iowa support also comes from the walton family foundation nation where opportunity takes root more information is available at walton family foundation dot org greg.

principal leo susser stacey vanek smith walton family foundation walton family liam iowa garcia six decades
"walton family" Discussed on 1A

1A

02:07 min | 1 year ago

"walton family" Discussed on 1A

"Opportunity takes root more information is available at walton family foundation dot org. Hey there it's joshua. Thanks for listening to a podcast. Please take a moment to subscribe and leave us a rating that helps other people find the show and don't forget you can catch the news roundup at the end of every week. The u._s. has the highest incarceration rate in the world with two point three million people behind bars this week on through line how we got here the history of mass incarceration ration- in american culture through line from n._p._r. The podcast where we go back in time to understand the present. Let's get back to conversation about country music and african american contributions to the genre. That's something that many of you have been thinking about for quite some time. I grew up in bilton alabama and <hes> i grew up with countries and i learned to <hes> respected like it and then i learned that that was a strong african american connection to country music so i grew up with bob wills eddy arnold hank hank williams <hes> and in later years. I learned to love the music charley pride. I still like country music. I still have a country music records. When i learned that the black routes our country music i had bob or respect for it and <hes> also i'm a country music spanned glad to hear that thank you all by the way for sharing so many of your comments about what you do love in country music. Chris wrote it on our facebook page great topic regarding inclusiveness and country music. I'm a typical white guy fan of americana and old country and bluegrass but only recently started understanding ending the contributions of people of color and women to the genres we often think of hank williams or doc watson but not as often the contributions of blind lemon jefferson may bell l. carter or the african american cowboys of the american west and she'll andrei tweeted my mom and i i heard rian giddens on only ta which is out of oklahoma <unk> homa. Her songs have such vivid storytelling. Please don't leave her out of the conversation. Will you gotta deal because joining us. Now is rian. Giddens didn't folk singer.

hank williams rian giddens walton family bilton alabama bob bob wills facebook charley doc watson oklahoma Chris bell l. carter
U.S. Makes Another Move To Shut Out Huawei

NPR's Business Story of the Day

03:48 min | 1 year ago

U.S. Makes Another Move To Shut Out Huawei

"Support for this n._p._r. Podcast and the following message come from better help online counseling by licensed professional counselors specializing in issues including depression stress. S. and anxiety visit better help dot com slash n._p._r. To learn more and get ten percent off your first month. Here's a question the tech industry wants the trump administration to consider. You're how much will american firms get hurt by u._s. Bans on chinese technology congress in the white house continued to cut american ties to chinese tech giant hallway today. A new band kicks in preventing the use a federal funds to buy equipment or services made by chinese companies including wally. Here's n._p._r.'s alina seljuk who is one of the largest smartphone makers in the world. It's now at the center of a web of laws and restrictions through which the u._s. has worked to freeze out chinese technology from the nation's networks. The idea long predates the trump administration but enforcement has escalated this year says james lewis researcher at the center for strategic and international studies. The government has is always distrusted walkway and now it's become much more public process. It's gone beyond the intelligence and law enforcement communities. Those communities have made the case that huawei and other chinese companies spy and steal american intellectual property both of which while we has denied the trump administration took the business world by surprise in may by banning american companies from selling technology to without government approval. The blacklisting was leverage in the ongoing ongoing trade war and it rattled major u._s. Companies including chipmakers intel qualcomm and micron but also google was android system has historically powered wates smartphones around the world. They're extremely popular in europe and obviously china. I think there's a difference between the way you hear people in d._c. Described china china and people in for example silicon valley described china best. George is a former defense department lawyer. Who's now the firm wilson senior goodrich and residing in d._c. He people use the word like national security threat or unfair trade practices and silicon valley. You hear the next largest market and futures. It's an opportunity. The tech companies of course will say they're just as concerned about security but they're also worried about losing their connection with a massive worldwide ride telecom giant for example in europe while way is one of the companies working alongside u._s. Chipmakers develop five jeep the new generation of wireless service yes in the u._s. While we has also been a major partner for smaller and rural telecom carriers offering them cheaper deals on equipment to provide cell phone service after a while we got blacklisted the commerce department gave us companies reprieve a grace period to keep working with alway on consumer oriented products that that reprieve expires next week and the commerce department has not signaled the plan to renew it lewis with a think-tank c._s._i._s. says companies are also still waiting for requests for permanent exemptions so i think there's fifty applications. None of them have been approved and it's been more than a month on friday soon. After china's said it would stop importing american agricultural goods reporters asked trump about hallway simpler not to do any business while i so we're not doing business while way on that same day while we unveiled an operating system of its own called harmony west. The company says that system would replace google's android on its phones if if it comes to that alina seljuk n._p._r. News support for this podcast and the following message come from. I'm the walton family foundation where opportunity takes root more information is available at walton family foundation dot org.

China Partner Alina Seljuk Europe Alina Seljuk N._P._R D._C Google James Lewis Depression Goodrich Huawei Commerce Department Walton Family Foundation Wally Walton Family Congress Qualcomm
"walton family" Discussed on Mason & Ireland

Mason & Ireland

01:35 min | 1 year ago

"walton family" Discussed on Mason & Ireland

"He's new los angeles stadium now. They agreed to sponsor the two point five acre space that serves as the main entrance to the stadium according to people with knowledge. So what do you mean only the space. I'm getting there okay. American airlines plaza stands ten stories stories high and how it's about fifteen thousand people so. I don't think this is going to be called american airlines stadium. I think this is america's just like the entry way. They're getting ninety million. That's what it sounds like wow and a so the other. The other thing they said was that they yeah they get for ten years for the main entrance. I think it's gonna be the plaza but as of now i think it's still los angeles stadium. I don't think they've sold the actual naming naming rights to the name of the stadium it. They've just sold the plaza i've got about. Somebody claims that they think it's going to be walmart stadium. Because of the i think that would be a terrible terrible idea nothing against walmart but that would be a terrible. I would applied walmart or anybody else who gets it. I remember it's it's sam cranky so oh he's from the the walton family married end of the war. He is a billionaire married to a walmart heiress. Yes that was my dream to marry a walmart heiress. I came woefully short but bu-but i don't wanna billion dollars i could buy the clippers student of found a better wife than lisa. Ir the joke with her. All the time that my dream was for berry girl with the trust fund instead..

american airlines stadium walmart walmart stadium los angeles stadium American airlines clippers lisa america sam walton billion dollars five acre ten years
"walton family" Discussed on KQED Radio

KQED Radio

05:16 min | 1 year ago

"walton family" Discussed on KQED Radio

"Takes root more information is available at Walton family foundation dot org and the listeners of KQED we can expect our Saturday to be sunny temperatures ranging from the sixties of the coast maybe some partial clearing there up to the low to mid nineties inland this is weekend edition from NPR news I'm Scott Simon the president's choice for director of national intelligence no longer is choice and house Democrats in a tipping point for impeachment turnout of Molly ball national political correspondent for time magazine Molly thanks for joining us in the studio today thank you for having me John Radcliffe a congressman from Texas was the president's choice he didn't even have a chance to disappoint people and and congressional hearings what happened well there were a lot of questions raised about congressman reckless resume he did not have a background in intelligence or in law enforcement I and there was a noted a lack of enthusiasm for him among the Republicans in the Senate who would have been called upon to confirm him at the end and this is part of a pattern the president's sort of nominate first ask questions later approach to a lot of these jobs that require Senate confirmation and so we've seen over and over again these poorly vetted nominees who have to withdraw their nominations and and and the result of that I also is important posts in the administration going vacant for for months at a time yeah in in including cabinet position tractors for digging in the security area yeah for and and and this becomes kind of alarming to a lot of experts in the field when for example there was no United States defense secretary for seven months and the Pentagon's doing kind of a lot right now it's kind of important to have someone in charge of it but that was another case where first of all the the person who'd been there general James Mattis resigned in protest of the president's actions in fact his impulsivity in announcing things without running the the chain of command and then the the the person that the president nominated for the post had to withdraw after questions were raised about his record so there's a real pattern here of not going through processes not betting and then that having consequences both in terms of people in important positions and in terms of the president's track record in in getting nominations through this week number house Democrats who say they support impeaching or at least considering impeaching president trumpeted numerical majority in the house hundred and eighteen Democrats according to embarrass impeachment tracker it's going to be tortured analogy but is an impeachment train beginning to truck out of the station well in my opinion the impeachment train has been chugging slowly since Democrats took over the house majority in fact I have we time magazine I personally wrote a cover story back in March arguing that impeachment was all but inevitable simply because so many Democrats I even before the Miller report came out I believe that the president had committed impeachable offenses had abused his power was violating the constitution and that as simply that sentiment continues to increase among Democrats in the house not among Republicans so this is a majority of the democratic majority but not a majority of the members of the house of representatives which of course you'd have to get to to actually forward impeachment to the Senate the speaker of the house Nancy Pelosi continues to oppose proceeding with impeachment and there's no law that says she has to go forward if the majority of her caucus once it and something that you do here in the nuance of these statements from members of the house is not putting a lot of pressure on the speaker they're not vocally opposing her strategy going after her they're saying this is where they are personally infectious given them permission to do so but they're not saying it you know the leadership is wrong and we got a place to push this through so there is some patients I think that allows the speaker to continue to move the process forward show she is still the engineer she is not personally plot in the course of children this analogy would be today well she has very firm control over the carcass of house Democrats and so far they have deferred to her even if they differ with her on where this train as you put it is likely to end up Molly ball thanks so much for being with us thank you for having after weeks of angry street protests Porter Ricans Avenue governor today so for how long no one knows for sure last night the islands disgraced governor Carter were seo did is he promised and quit Pedro Pierluisi his hand picked successor was sworn in but as NPR's David welna reports from San Juan the political drama there is likely far from over please listen street leading up to the governor's mansion known as the fortress jubilant demonstrators last night chanted he's gone he's gone the news had just broken the.

KQED Walton family foundation seven months
"walton family" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

01:40 min | 1 year ago

"walton family" Discussed on Heartland Newsfeed Radio Network

"Make a difference in a different way. Yoenis scar store was the Foreign Minister of Norway until two thousand twelve. You can see his entire talk at Ted Dot Com. I'm sure today ideas about dialogue and exchange. I'm Gyros and you're listening to the Ted Radio Hour from N._p._R.. Support for this podcast and the following message come from the Walton Family Foundation where opportunity takes root more information is available at Walton Family Foundation Dot Org. This message comes from N._P._R.. Sponsor salesforce today's customers want more from companies banks that are virtual financial advisers hospitals that are digital wellness partners and salesforce the customer relationship management solution can can help deliver those magical personalized experiences customers want by uniting your marketing sales commerce service and I._T.. On an integrated C._R._M.. Platform learn how salesforce brings customers and companies together at SALESFORCE FORCE DOT COM slash N._p._R.. This message comes from N._P._R.. Sponsor indeed when it comes to hiring you don't have time to waste you need help getting your shortlist of qualified candidates fast with indeed posted job in minutes set up screener questions then zero in on qualified candidates and when you need to hire fast accelerate your results with sponsor jobs new users can try for free when you sign up at indeed dot com slash N._p._R.. PODCAST I terms conditions and.

salesforce Walton Family Foundation Dot O Walton Family Foundation Foreign Minister of Norway
"walton family" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:31 min | 1 year ago

"walton family" Discussed on WNYC 93.9 FM

"Traffic so far this year last year ten were killed that was a record low utility crew crews are making progress restoring electricity across New Jersey after severe storms earlier this week because the massive out outages more than six thousand homes and businesses remained without power still most in Monmouth ocean and Burlington counting's state officials say more than three hundred sixty thousand customers were without service at the height of the storms utilities have wrought additional cruise and hope to have full service restored by tomorrow Friday tonight it will be mostly clear will have a low around seventy degrees tomorrow Friday more sunshine with highs in the mid eighties currently it's eighty one degrees and partly cloudy at seven oh six support for NPR comes from the Walton family foundation where opportunity takes root more information is available at Walton family foundation dot org from NPR news this is All Things Considered I'm Mary Louise calling and I'm ari Shapiro the moment that protesters in Puerto Rico had been demanding for weeks finally came late last night governor Ricardo or a CEO announced he would step down one week from tomorrow cheers erupted on the streets of San Juan then this morning demonstrators were back on the streets again NPR's David welna was there too and has this report main Avenue to San Juan's financial district was jammed with flag waving demonstrators today not nine hours had gone by since governor mostly L. came to their demands and called it quits the refrain they chanted was Ricky the governor known here get out music to Randall Medina value was one of the protest we are celebrating because I think yesterday was a historical moment it's the first time that this has happened and out so we are definitely celebrating but we are also conscious that it is just the beginning we cannot stop some protesters demanded the governor leave immediately not late next week so one a good solid zones of food and beverage business sent one suburb she worries Rossi maybe buy more time to cut some deals before leaving office there's so many people right now inside the government are so cool rob and have been doing corruption.

New Jersey Monmouth ocean Burlington NPR Walton family foundation Mary Louise Puerto Rico Ricardo CEO San Juan David welna L. Rossi rob ari Shapiro Randall Medina eighty one degrees seventy degrees nine hours one week
"walton family" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:43 min | 1 year ago

"walton family" Discussed on WNYC 93.9 FM

"Racism and Friday the president defended his supporters after rally in North Carolina where people chanted send her back referring to congresswoman Ilan Omar was originally from Somalia yesterday was the hottest weather for a Yankees game this season and the team had to deal with the heat just like the rest of us the Yankees set up a supplemental hydration stations in all three decks and in the bleachers and made announcements reminding fans to keep drinking water Chris delvecchio from Verona New Jersey and his friends Bruno Silva walk around the ballpark with bags of ice on their necks and shoulders as the Yankees topped the Colorado Rockies eleven to five the Yankees and the Rockies will be back in that heat at Yankee Stadium this afternoon the Mets played in San Francisco yesterday they beat the giants eleven to four so yes hot once again today the excessive heat warning in effect until nine o'clock this evening it's eighty seven degrees now it will be sunny hot and humid today with a high of ninety eight degrees heat index values up near one hundred and ten support for NPR comes from the Walton family foundation where opportunity takes root more information is available at Walton family foundation dot org support for studio three sixty and the following message comes from legalzoom legalzoom helps out with the day to day hurdles so you can focus on what you do best more information is available at legalzoom dot com slash studio three sixty support for studio three sixty come from Babel a language act that teaches real life conversations in a new language including Spanish French or German Babel's ten to fifteen minute lessons are available in the apps store or online.

president North Carolina Ilan Omar Somalia Yankees Chris delvecchio Verona New Jersey Bruno Silva Rockies Yankee Stadium Mets San Francisco giants NPR Walton family foundation legalzoom legalzoom eighty seven degrees ninety eight degrees fifteen minute
"walton family" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

06:26 min | 1 year ago

"walton family" Discussed on WNYC 93.9 FM

"Opportunity takes root more information is available at Walton family foundation dot org this is All Things Considered from NPR news I'm merry the weeds Kelly and I'm ari Shapiro there's growing pressure to overhaul how the U. S. detain undocumented migrants the number of people held in immigration and customs enforcement detention centers last month top fifty four thousand a record high private companies contractors run many of these facilities they've been criticized for poor health and safety conditions and there are persistent questions about one contractor in particular it gets paid tens of millions of dollars a year to insure that other contractors are doing their job and tears you can a good she has the story ice relies heavily on a small company called the Nakamoto group Nakamura's job is to inspect the work of other contractors at more than a hundred ice detention facilities but not the motor has become a lightning rod for criticism a government watchdog has repeatedly criticized it for failing to catch problems for many Nakamoto still yours help explain why unsanitary harsh conditions at detention centers persist Heidi Altman is policy director at the advocacy group national immigrant justice center it's really not an exaggeration to say that there is basically no meaningful accountability or oversight for the companies are involved the department of homeland security's inspector general repeatedly cited knock a motive for cutting corners not reporting violations conducting improper interviews and writing inaccurate reports it also said ice allowed it to happen the watchdog latest report in January reads quote ice does not adequately hold detention facility contractors accountable for not meeting performance standards the result critics say is detainees are subject to everything from solitary confinement to negligent medical care at the detention facilities ugly kid says he experienced both last fall kids spent seventy six days at the detention center in Adelanto California I was in hand because from feet to waste to arms I arrived there in chains kids hunter and mother brought into the U. S. at age nine now twenty four kid was supposed to be protected from deportation under doctor or the deferred action for childhood arrivals but ice agents arrested him outside his apartment because of a D. Y. charge that was later expunged at Adelanto kids says he was held in an overcrowded room and stripped naked he was forced to clean filthy showers all these raise questions about whether ice his own detention standards were violated one day kids as a guard screamed obscenities calling him and his fellow detainees names I mean that's when I kinda lost it I just that you cannot call me that you cannot treat us like animals because we're not for this kid says he was briefly taken to a solitary confinement ram called Bravo and Bravo there was nobody watching in there you see people come out of there with bruises I saw them come out of there with Bruce's kid filed grievances he said he was told his claims were investigated and its complaint dismiss ice didn't respond to requests seeking comment on the claims kids attorney says the treatment and conditions should have alarmed inspectors but not the motor inspectors reported no problems that I don't want to in two thousand seventeen and two thousand eighteen every year since two thousand eleven Nakamoto has inspected all eyes facilities which house adult immigrants the last time ice itself inspected on the line to was in two thousand fourteen that internal review found the facility already falling short in six areas including addressing sexual assault and detainee grievances ice declined an interview but spokeswoman Danielle Bennett says the agency has improved since the IG reports in an email she said senior ice officials now accompany Nakamoto investigators during their inspections Bennett says ISIS also holding contractors accountable between last December and March of this year she says financial penalties against those contractors have totaled half a million dollars but one former senior ice official told me those changes are minor the bigger problem is ice has no incentive to acknowledge one of ISIS's performance goals is for all of their detention centers to pass inspection the former official who requested anonymity to protect future employment prospects this is not the model is well aware of the pressures to meet that target Nakamoto is a private firm based outside Washington DC its Japanese American owner Jennifer Nakamoto frequently credits her family's experiences in World War two internment camps was shaping her company's mission according to contracting database USA spending the potential value of Nakamoto contract last fiscal year was a hundred and sixteen million dollars Claudia Valenzuela is an attorney with the advocacy group American immigration council she's filed lawsuits seeking information about isis contractors I think there should be more public scrutiny of Nakamoto how did obtain the contract how does this company continue to hold that contract it really actually is mind boggling to me but not about us says it stands by its performance in an email mark Saunders Nakamoto as vice president said quote we have made it abundantly clear that we are in no way political and we have no agenda other than to do our work he declined an interview saying the company already addressed negative allegations Massachusetts senator Elizabeth Warren and other Democrats last fall asked not Komodo to respond to problems raised in the I. G.'s reports Jennifer not Komodo called the watchdog investigators inexperienced and their findings an embarrassment to their office she disputed many of the facts in the reports she highlighted how her mother was born in an internment camp saying she and her family battled prejudice she wrote quote without question the detained immigrant population as a whole has a better life because of what not Komodo does that response hasn't mollified critics who want Nakamoto an ice to answer for the problems Brian Cohen is senator Warren's oversight and investigations director and what we concluded from all this mess is there still nobody's take a responsibility not to motors contract ends in September ice declined to say whether will renew that contract you get a duty NPR news Washington.

Walton family foundation NPR sixteen million dollars seventy six days million dollars one day
Bernie Sanders accuses Walmart of paying 'starvation wages'

Morning Edition

02:16 min | 1 year ago

Bernie Sanders accuses Walmart of paying 'starvation wages'

"Bernie Sanders is a dressing WalMart shareholders at their annual meeting today. Sanders is presenting a proposal on behalf of workers to get representation on the board and also lobbying for a fifteen dollars an hour minimum wage. NPR's Daniel Kurtz Leibniz is covering the twenty twenty campaign is in our studios morning morning. See how does Bernie Sanders get access to a shareholders meeting, which I think, is a closed universe isn't it right? Yeah. That's a good question. Because like campaign told me he is not a WalMart shareholder, but he will be there on behalf of cat Davis. She is a WalMart socio aside from that she is a leader of a group, that campaigns for worker rights at different retailers, including WalMart. Walmart associates. That means someone who works at WalMart. Okay. Employees. And so he is going to present a proposal on her behalf. She has said he's my Representative for the day, and that proposal yet would say that WalMart has to consider at least hourly workers in adding them to their board. So this could mean WalMart hourly workers being on the WalMart board now this proposal, by the way, just so happens to dovetail with the policy that the Washington Post has reported that Sanders is working on that proposal would give workers more power at corporations, including seats on their boards. Elizabeth Warren has put out a similar policy, by the way. So this isn't he's not alone in this, but speaking last week in Nevada, he really called out, WalMart. He said this, this is a preview of his remarks to the WalMart shareholders. So my message to the Walton family is way off sick and tired of subsidizing you pay your workers a living when. Right. So he's talking about more than board representation there. He's also talk. About pay. He has a lot of complaints against just to be clear when he says, we're sick and tired of subsidizing you. What is he saying there about low paid workers? He's talking about the fact that low paid workers, even while they may have fulltime jobs may also be on food stamps, for example, a using the social safety net that the federal government and state governments provide. So say we're paying for this that's got to end. He wants to make changes in things such as corporate boards, that might change the incentives and change. The motivations change who has the power at a company, but why would

Walmart Bernie Sanders Representative Daniel Kurtz Leibniz Elizabeth Warren NPR Walton Family Washington Post Nevada Fifteen Dollars
"walton family" Discussed on Omnibus! With Ken Jennings and John Roderick

Omnibus! With Ken Jennings and John Roderick

04:21 min | 1 year ago

"walton family" Discussed on Omnibus! With Ken Jennings and John Roderick

"But you know, the Walton family has become one of the richest families or the richest family in the world. And none of those people seem to dedicated to public service. There is if there is a thing, I don't know I feel bad now. Because what if there are all these Walton university, libraries, and hospitals, and I just don't know. I imagine they have been shamed into giving their money away. But you know, a lot of the rich like the cop brothers just give their money to super partisan politics. I mean, though, it Sam Walton's idea was that I can make all my kids billionaires. And I'm going to do it. I'm gonna do I'm not spending a penny. And and so he's exporting billionaires to the future in light of that the Bush family despite their aristocratic aspect like they've devoted themselves to public service rather than to making more money, which is which has a kind of nobility that that are contemporary cynicism. Doesn't have as many ways to appreciate. We don't kind of view would be. They have so much money. It's okay. They've moved onto a different arena. Accumulation of power maybe some truth to that there is. But there are an awful lot of people that didn't. I mean, it's not like the wolves. Don't have political power. Right. It's just masked. And they make no make no attempt to like do anything on behalf of anyone. Luckily, they're in Arkansas you right? If you live in Arkansas is soon, you know, their position on everything because at the stroke of pen, they could disband the state legislature. It's kind of amazing that Bill Clinton came out of Arkansas. I'm sure that there's I'm sure that there are conspiracy theories galore about his relationship to the wall that would have to be how many wealth he had to pay off. But in Europe during the nineteenth century. It was a time from the beginning to the end that was extremely fraught. It was an era where starting at the French revolution the traditional kingdoms, Royal families, the hegemonic control of Europe by an era. Soccer see was in jeopardy. The. French deposed their king? And that scared everybody it scared the heck out of everybody and gradually over time. The threat of revolution. The threat of destabilization was sort of every nation in Europe had a paranoia about the future. But it was pretty much staved off for one hundred years. Right. Like, not until the Russian revolution. We have a century of delay. And whatever it was worked in the middle of this period. You know, marks wrote the communist manifesto, there was a period in eighteen sixty six where there was the threat of collapse of all the Royal houses. And they were short backup. The fact that the Ottoman empire was into Klein really through the balance of power in that whole region off because they'd been so focused on the Ottomans. And then all of a sudden there was a power vacuum and Russia was trying to fill it. It is funny. How you're only aware of this stuff in hindsight. You know, now AP. History. Teachers can give their kids a one sentence summary of the Ottoman empire being the sick man of Europe. Right. The kid writes down stable, but in our area. It's funny to imagine some AP history teacher doing that in fifty years Godwilling being the decline of America is what d- stabili is what led to China's rise. The narratives are not always so clear when you're in the middle of it and the rise of China in our own time has happened so fast, and so dramatically that I think it's an example of a thing where we can see historical forces at work in real time. It's helpful to your in the declining nation, otherwise the British had very little idea because it happened. So slowly Americans are very aware, and the the I think the bold relief of it often causes us to forget that America's still has the largest economy in the world by by a major factor rise. I mean, the the Chinese have a much greater import export economy. But we still are the. The global hedge Amman and probably militarily as well. You know, a lot of the stuff about China that looks good on paper is, you know, it's an army of of conscript who don't have an aircraft carrier, right? So, but what was also happening in Europe at this time was and these are things that often aren't really on AP history tests is that at the beginning of the nineteenth century. There was no Italy..

Europe Arkansas America wolves China Sam Walton Walton family Walton university Bill Clinton Amman Soccer Royal houses French Bush Russia Italy Klein
"walton family" Discussed on Omnibus! With Ken Jennings and John Roderick

Omnibus! With Ken Jennings and John Roderick

04:21 min | 1 year ago

"walton family" Discussed on Omnibus! With Ken Jennings and John Roderick

"But you know, the Walton family has become one of the richest families or the richest family in the world. And none of those people seem to dedicated to public service. There is if there is a thing, I don't know I feel bad now. Because what if there are all these Walton university, libraries, and hospitals, and I just don't know. I imagine they have been shamed into giving their money away. But you know, a lot of the rich like the cop brothers just give their money to super partisan politics. I mean, though, it Sam Walton's idea was that I can make all my kids billionaires. And I'm going to do it. I'm gonna do I'm not spending a penny. And and so he's exporting billionaires to the future in light of that the Bush family despite their aristocratic aspect like they've devoted themselves to public service rather than to making more money, which is which has a kind of nobility that that are contemporary cynicism. Doesn't have as many ways to appreciate. We don't kind of view would be. They have so much money. It's okay. They've moved onto a different arena. Accumulation of power maybe some truth to that there is. But there are an awful lot of people that didn't. I mean, it's not like the wolves. Don't have political power. Right. It's just masked. And they make no make no attempt to like do anything on behalf of anyone. Luckily, they're in Arkansas you right? If you live in Arkansas is soon, you know, their position on everything because at the stroke of pen, they could disband the state legislature. It's kind of amazing that Bill Clinton came out of Arkansas. I'm sure that there's I'm sure that there are conspiracy theories galore about his relationship to the wall that would have to be how many wealth he had to pay off. But in Europe during the nineteenth century. It was a time from the beginning to the end that was extremely fraught. It was an era where starting at the French revolution the traditional kingdoms, Royal families, the hegemonic control of Europe by an era. Soccer see was in jeopardy. The. French deposed their king? And that scared everybody it scared the heck out of everybody and gradually over time. The threat of revolution. The threat of destabilization was sort of every nation in Europe had a paranoia about the future. But it was pretty much staved off for one hundred years. Right. Like, not until the Russian revolution. We have a century of delay. And whatever it was worked in the middle of this period. You know, marks wrote the communist manifesto, there was a period in eighteen sixty six where there was the threat of collapse of all the Royal houses. And they were short backup. The fact that the Ottoman empire was into Klein really through the balance of power in that whole region off because they'd been so focused on the Ottomans. And then all of a sudden there was a power vacuum and Russia was trying to fill it. It is funny. How you're only aware of this stuff in hindsight. You know, now AP. History. Teachers can give their kids a one sentence summary of the Ottoman empire being the sick man of Europe. Right. The kid writes down stable, but in our area. It's funny to imagine some AP history teacher doing that in fifty years Godwilling being the decline of America is what d- stabili is what led to China's rise. The narratives are not always so clear when you're in the middle of it and the rise of China in our own time has happened so fast, and so dramatically that I think it's an example of a thing where we can see historical forces at work in real time. It's helpful to your in the declining nation, otherwise the British had very little idea because it happened. So slowly Americans are very aware, and the the I think the bold relief of it often causes us to forget that America's still has the largest economy in the world by by a major factor rise. I mean, the the Chinese have a much greater import export economy. But we still are the. The global hedge Amman and probably militarily as well. You know, a lot of the stuff about China that looks good on paper is, you know, it's an army of of conscript who don't have an aircraft carrier, right? So, but what was also happening in Europe at this time was and these are things that often aren't really on AP history tests is that at the beginning of the nineteenth century. There was no Italy..

Europe Arkansas America wolves China Sam Walton Walton family Walton university Bill Clinton Amman Soccer Royal houses French Bush Russia Italy Klein
Nancy Pelosi on Record Number of Women in Congress

All Things Considered

00:38 sec | 1 year ago

Nancy Pelosi on Record Number of Women in Congress

"Under a partial shutdown. She called on members to respect each other and the truth in dealing with one another Don gonyea, NPR news, Washington. Members of the US. Congress are a largely religious group, or at least claimed to have a faith NPR's. Tom gjelten says about nine and ten say they're Christian with Catholics the most popular denomination. Among the members the religious profile of congress comes from the Pew Research Center based on how members describe themselves across congress, just one member democratic Senator Kirsten cinema Zona reports having no particular faith, among all US adults one in force has that one explanation for that disconnect. Maybe that candidates think voters won't approve of someone who's unchurched. So they're reluctant to describe themselves that way, no matter their actual beliefs. Thirty percent of members say their Catholic of the Protestant members Baptists have. The largest share more than six percent identifies. Jewish three times the share of Jews in the US adult population. Tom Chilton NPR news, Washington, Mexico's foreign affairs ministry says it's calling on the US government through its embassy to investigate a January first incident in which US agents fired tear gas into Mexico agents said they were attempting to disperse a group of rock throwers in the first hours of new year about one hundred and fifty migrants attempted to breach a border fence in Tijuana was financial markets plunged again in the second trading day of the new year all three of the major US stock market indices closing down more than two percent stock market jitters were prompted by Apple's warning showdown in China admitted escalating trade war between the US and China. Arthur Dong is a professor of strategy and economics at Georgetown's McDonough school of business overall, the United States economies far less dependent on exports. We are very heavily diversified service based economy, and so on that respect the United States. You know, is is I think sitting. In a in a better position overall. But it certainly will be some some repercussions felt apple stock dropped almost ten percent today racing more than seventy four billion dollars in market valuation. The Dow was down six hundred and sixty points. This is NPR and you're listening to WNYC. I'm Jamie Floyd. A federal judge is blocking implementation of a New York City law that would have regulated Airbnb home hotel business. The law would require Airbnb and other short term rental platforms to divulge the names of hosts and addresses of rentals. But the court said the amount of information amounts to unreasonable search and seizure. The law was to go into effect early next month will now be put on hold while the lawsuit moves forward, mayor de Blasio had championed the law saying it would it make sure the city's precious housing supply could be devoted to New Yorkers rather than tourists. A special election for New York City. Public advocate is set for February twenty six it's the first citywide especially election since nineteen fifty and WNYC's bridge Bergen reports the rules are unique for this race. You won't see anyone running as a democrat or Republican to actually appear on the ballot candidates must create their own party name. And collect nearly four thousand signatures from registered voters. And there's another quirk, Melissa Mark Viverito. Former city council speaker running on the fixed the MTA party line explains. The other interesting thing is that unlike a primary here whoever files I their petitions is first on the ballot Merck. Marito is vying for that top spot. Among nearly two dozen declared candidates turning in her petitions just one day after candidates were allowed to start collecting them. New Jersey is one of the state's least affected by the partial shutdown of the federal government. That's according to a new study, which says the Garden State will be hard hit by delays in process. Messing federally financed mortgages, but less so in other categories, New Jersey ranked forty four th out of fifty states and the district of Columbia the study by the financial website, wallet hub, ranks state based on the number of federal jobs contracts, real estate activity, national parks, and percentage of families receiving food assistance. New York ranked thirty fifth on the list in part because New York is among the five states, receiving the least money in federal contracts. The district of Columbia, not surprisingly is most affected by the shutdown. Currently forty two degrees. Partly cloudy at six oh, six support for NPR comes from the Walton family foundation where opportunity takes root more information is available at Walton family foundation dot org. It's all things considered from NPR news. I'm Audie Cornish, and Mary Louise Kelley the government shutdown grinds on over funding for President Trump's border wall. But meanwhile, the Trump administration is moving ahead with plans to construct or upgrade border fencing, some one hundred sixty miles along the Arizona and California borders with Mexico, active duty military will take up the task here to tell us more is NPR's Pentagon. Reporter Tom Bowman and Tom what exactly is the task with? What is the Pentagon going to be doing? Well, I'm told this fencing said likely combat engineers for the fencing portion of this effort, but it goes beyond that homeland security's requesting medical units, of course, two children died along the border with in the custody of US officials at the centers they need additional help for the migrants coming through and also told aviation units would be part of this as well. They provide surveillance along the border to help customs and border protection, monitor any movements. And again, this is so. Support for that effort. Active-duty troops can't get involved in any arrest or detention of any migrants, it's against the law and to be clear. This is something new. This is on top of the existing troops already deployed to the border. Right. So this is new this is just coming out. Now this request was made from homeland security. How many more we talking? Well, we don't know at this point. I heard some one official said maybe thousands of troops and other said, well, the existing truce might be able to help. There are now twenty three hundred act of troops there on the border along with twenty one hundred guard forces they could provide some of this effort, but clearly they're going to send additional troops. They could change them out or some could be extended but acting Defense Secretary Patrick Shanahan hinted about more support at a cabinet meeting at the White House yesterday. Let's listen restoration of the fences building out and additional mileage from the law. The army Corp. Engineers is dialed in on doing this cost-effectively quickly on the right amount of urgency as to where we built additional stand up walls quickly get after the threat. The threat is real. And he goes on to say that he'll provide assistance to homeland security secretary Kirsten Nielsen who's making the request to the Pentagon anytime line on how long these duty troops might be there. No idea. I was told it could be months to construct the fencing or shore up existing fencing, you know, we're talking one hundred and sixty miles or so now fencing right act of troops were supposed to end their deployment, by the way at the end of the month. So some could be extended maybe other units could take their place. But what we don't know. Right. Will the Pentagon is working on the specific? So we don't have a lot of detail at this point. Let me insertive skeptical question here, the president has said if he doesn't get money for a wall from congress. He might just order the military to build it is that what is going on here. The president doing something of an end run around the border standoff. That's quite possible. At this point, the talks with congress, the Democrats in particular appear to be going nowhere. The Pentagon the president wants five billion dollars for the wall. The Democrats saying that's far too much. In the standoff continues the government shutdown. But of course, a Pentagon has not shut down. And they're ready to take orders from the commander in chief. Thank you. You're welcome NPR's. Tom Bowman one person. And we'll be looking at the Trump administration's immigration policies is the new chairman of the House Judiciary committee, New York, Democrat Jerrold Nadler, welcome to the program. Thank you. Now. Your committee has oversight over many key areas. Right Justice department, voting rights and an immigration as we mentioned on that last issue. You told CBS that the zero tolerance policy that led to the separation of migrant families on the border was a deliberate creation of the White House that they're trying to make things as miserable as possible. In quote, if kids die there apparently willing to have that. Yes. To investigate the deaths of those two migrant children. Yes, we are. We're going to investigate the deaths of those two migrant children and the entire family separation policy. And there are a lot of questions. How could they for example, deport parents to foreign countries? He's making no provision to give the kids back I or even to figure out identification for the kids. So we have kids now months later that may never find your parents again. State-sanctioned kidnapping. Does it feel like investigative actions and oversight? That's really the only recourse. Democrats have right now. Does it feel like you have no real ability to change Trump administration policies? No doesn't feel that way. At all. And you can't talk about that the first day of democratic control, and the new congress, we have a we have leverage investigation, and, publicity, and and oversight is a major constitutional responsibility. And ability that we have the number to the power of the purse, you can't pass a budget without the house as well as the Senate, and we can put requirements in that budget. We can put limitations on the use of funds we can put requirements for the use of funds and so forth. So even if you cannot pass. Subject matter Bill through both houses of the president would veto it. They can't pass a budget without the house consent. So we have considerable leverage. You've also on another topic. You've sponsored a Bill that would protect the special counsel office. Robert Muller was investigating interference in the two thousand sixteen election introduce that Bill today, and you've also threatened to subpoena acting attorney general Mr. Whittaker what do you hope to learn from him? We are very concerned about a massive fraud. And the American people by the president by his campaign in order to obtain office through fraudulent means hush money payments to women Michael Cohen working with the Russians plus obstruction of Justice in the investigation of that we have to look into all of that. And the special counsel is looking into that or into some of it insofar as they may be crimes, but we have to look into all of that to protect the integrity of our elections and the integrity of our democratic system and to protect the American people from being defrauded by by the Trump campaign Ovalles future campaigns for that matter. So that is the prime thing that we have to do we have to put an end to Republican efforts over the last two years to interfere with an undermine the special counsel's investigation. If the Muller investigation uncovers evidence of high crimes and misdemeanors are you prepared to pursue impeachment? And even if it's politically unpopular it's too early. To talk about impeachment. But what is important at this point is to follow all the facts where they lead to make sure that those facts are public and to make sure that they're not interfered with by the Trump administration. So if a special counsel issues report, we have to make sure that that report is is it becomes public. If necessary we'll subpoena it necessarily will quote Muller to testify in front of the committee about it. We have to make sure that it's not varied by the Trump administration. Bye bye Whitaker or by bar. The President Trump has been implicated and campaign law violations. As part of Michael Collins plea, something like that an impeachable offense. It could be that. I don't wanna get into impeachment now. 'cause it when we're not prepared for that. At this point. The some of what he's been accused of could be impeachable. Offenses. But the real question now is to find out what happened to find out. What frauds were committed but frauds against American democracy. And to make sure the public knows that the public can judge, and we can judge in the judiciary committee instead of where we should go from there whether to be impeachment whether it should be protective legislation for the future. Whatever it may be. And you were earlier you were speaking about William bar, the White House nominee for attorney general. Yes. And and the acting attorney general Mr. Whittaker is it possible that you will overplay your hand.

Trump Administration NPR United States President Trump Congress Pentagon Washington Apple Tom Gjelten Robert Muller New York City Mexico Tom Bowman White House Tom Chilton Don Gonyea New Jersey
For Madoff Victims, Scars Remain 10 Years Later

NPR's Business Story of the Day

04:33 min | 1 year ago

For Madoff Victims, Scars Remain 10 Years Later

"Support for this NPR podcast and the following message. Come from Yahoo finance live. Are you ready for relevant? Financial news streaming anywhere without cable or a subscription. Tune into Yahoo. Finance live for hours of live market coverage. They're ready. Are you ten years ago? This country was reeling from the worst financial crisis in decades. And in the middle of it all came shocking news, Bernie Madoff a pillar of Wall Street was arrested for orchestrating a multibillion dollar Ponzi scheme. Then you spread fast and quickly engendered panic amongst investors who gathered at the offices of their alleged swindler, hundreds of people were told the money, they'd invested with males firm was probably gone. They included rich and famous people. But also, those of more modest means now, many of those investors have recovered most of the money they lost. But as NPR's Jim zarroli reports, they're still living with the consequences of made offs fraud to his investors, Bernie Madoff was a Wall Street genius. A man who racked up? Big returns year after year. No matter how the economy was doing but made off lived with a terrible secret. And in two thousand eight with the economy crashing he was forced to admit that his investments were a fiction in tapes published by New York magazine later made off talked about breaking the news to his family. Cry. I should. I just. I have to tell you as news of made offs Ponzi scheme broke, thousands of investors, including many charities learned. They didn't have the money. They thought they had they included Steve Heim off a writer and critic whose retirement fund was wiped out. I had an Email from a cousin of mine, and I read through the body of her Email see explain that. It was all done every penny before then Heim off had never heard of made off. But an investment fund used by him and his family had been feeding money to mate offs firm now that money had vanished. And at age sixty two Heim off was forced to refinance his condo and severely cut back on spending. I just stopped going to restaurants. I stopped by Clova. I stopped going to -cations I stopped going to movies. The toll his losses would take on hyme off was considerable with came very close to suicide. For at least a year, it's been very emotionally exhausting. There's an element of post traumatic stress syndrome in the year since then made off who's now eighty pleaded guilty and was sent to federal prison. So were six of the people who worked at the firm including made offs, brother. Peter one of made off sons hung himself in his New York apartment. Meanwhile, the court appointed a trustee to try to recover what he could from the wreckage of made offs finances that trustee Irving Picard he spoke to NPR's weekend edition on Sunday about how he worked a lot of hard work. Some good lawyers working with us and forensic accountants and investigators and we developed the case from the ground up. The fund has so far recovered about thirteen billion dollars partly by selling off made offs houses. Aunties fifty five foot. Yacht named bull. The money will go to. Mate off victims, surprisingly, many of them will get back most of the funds they invested with made off, but they're only receiving money. They actually put into the fund those great returns, they thought they were getting the money in those monthly statements made off sent out virtually all of that is gone, Michael davita estimates. He'll get back about sixty percent of what he put into mate offs fund. I retired in August of two thousand eighteen eight years later than I expected on less than a third of what I expected to retire on nor will investors get back much of the taxes. They paid over the years on those returns davita has become something of an investor advocate since then and teaches a college course on made off. He says a lot of people weren't very sympathetic to made off victims. There was a lot of of feelings back at that time that people who were invested with Nate off quote got with eight deserved that the returns were too good to be true. And therefore you took advantage of the system. And you know, what ha ha we got you. But davita says a lot of made off victims weren't sophisticated or rich. They were just average people like himself people who naively trusted made off with their retirement money and have paid a terrible price. Jim zarroli NPR news, New York support for this podcast and the following message. Come from the Walton family foundation where opportunity takes root more information is available at Walton family foundation dot org.

NPR Michael Davita Steve Heim Bernie Madoff Ponzi Scheme Jim Zarroli Yahoo Walton Family Foundation New York Irving Picard New York Magazine Peter Trustee Clova Nate Writer Fraud Two Thousand Eighteen Eight Ye Thirteen Billion Dollars
"walton family" Discussed on It's Been a Minute with Sam Sanders

It's Been a Minute with Sam Sanders

03:21 min | 2 years ago

"walton family" Discussed on It's Been a Minute with Sam Sanders

"It's me and my system rolling everywhere in what I mean, just helping me out. You know, I'm I don't drive I have driven in a long time. Yeah. I don't please. You don't want me driving? Are you about your New Yorker they stopped me from driving years ago? They were like she's going to hurt herself for somebody. And so I just why don't joke. I just don't have the ADD that way. And so it's just the two of us. But then on workdays, it'll be, you know, the glam squad and me, and this isn't and it's like five. Okay. Okay. Bodyguard your press here. Anderson security press person's not with me every day. She's here on the press. Jones you need to in this interview sale. I know I don't like your questions right now. She's like, why are you trying to be a diva? No. And I just I think that. What's the what's the goal with that question? Honesty. Yeah. I'm just like interested. I'm interested in because whenever I interview celebrities one on wonder, so real, and they feel like real people that you want to just hang out with which you know, they are, but they're living day to day that is different than most of us. And it's not better or worse day-to-day different than everybody else. I want to ask you about his day today too. Two different. But I wanna know everyone's day today. Nosy nosy last question is promised you last question. She's eyeing me. One of the things everyone told me when I was pregnant interview they're there like her skin. It's always climbing climbing. It's it's going. So then I said what I want to ask is how much water do you drink a day? I would say about you know, you're talking about regular bottle of water probably six so So the amount. that's not too much. It's not. Yeah. Anyway, you gotta go. That's it. Appreciate you. Thank you. I've been a fan since fly girl days. Yeah. Junkie days. That's that's not chunky. So we always say, my chunky days cut off, all my hair. Oh, yeah. I love how earnest you are my favorite lyric of yours is I really been on Oprah. And it's a win that you had you owned it you like I did this and I love how like you work hard. And you celebrate your successes earnestly. Djalo fun. Fact, I wore a suit for that interview. I don't ever do that. Anyway. Thanks to Jennifer Lopez for her time, and to be honest, her entire body of work. Her new film. Second act is in theaters December twenty first and this show is in your podcast feed. All the time. So listener if you like this show, go leave us a review on apple podcasts right there on your smartphone or your computer. However, you're listening to us. Your review helps other folks on the show we want that to happen. All right. Thanks for listening. I'm Sam Sanders. Toxin? Support for this podcast and the following message. Come from the Walton family foundation where opportunity takes root more information is available at Walton family foundation dot org..

Walton family foundation Jones Sam Sanders Jennifer Lopez Anderson
GOP Sen. Cindy Hyde-Smith Faces Tough Runoff Election After Public Hanging Comments

00:41 sec | 2 years ago

GOP Sen. Cindy Hyde-Smith Faces Tough Runoff Election After Public Hanging Comments

"In a runoff against former US agriculture secretary, Mike Espy after neither candidate got more than fifty percent of the vote on election day in a now viral video heights. Myth compliment supporter by saying she would attend a public hanging with him in response to criticism. The Mississippi Republicans said it was a, quote, exaggerated expression. Trump has endorsed Hyde. Smith on Twitter, saying she loves Mississippi and the USA Aisha Roscoe NPR news, Washington. And you're listening to NPR support for NPR comes from the Walton family foundation were opportunity takes root more information is available at Walton family foundation dot ORG.

Walton Family Foundation Mike Espy NPR Mississippi Donald Trump United States Aisha Roscoe Secretary Twitter Smith Hyde Washington Fifty Percent
U.S. Treasury's Mnuchin says he sees at least 3 percent growth for next 4-5 years

Hidden Brain

05:16 min | 2 years ago

U.S. Treasury's Mnuchin says he sees at least 3 percent growth for next 4-5 years

"Powerful man brought down by accusations of sexual harassment and assault. The description of what he did to them was exactly what he did to me. We take a closer look. At one of these stories and ask a simple question why now first this news Live from NPR news in Washington I'm Jim hawk the deadly northern California wildfire. That is forced tens of. Thousands of people, to flee their homes slowed down Sunday after days of explosive growth but Cal fire deputy chief Brett Gavia says the fire is fire from contained. The fire does continue to grow on us in some remote inaccessible areas were making our way into those areas. The positive thing about that is that we are out away from many of the residents structures and. Critical infrastructure the, so-called car fire has now consumed one hundred thirty nine, square miles. Of land in northern California meanwhile officials said a. Second firefighter died fighting a huge boys near Yosemite national park there are currently seventeen major. Fires, burning, in California Treasury Secretary Steven Mnuchin says he believes the US economy will continue. To see, strong growth, for the next several years NPR's merit Kennedy reports second quarter growth came in at four point one percent the latest growth rate is the highest one in nearly. Four years and on Fox News Sunday Treasury. Secretary Steven Mnuchin, said to expect more of the same we can only project a couple of years in the future but I think we're well on this. Path for several years he. Predicted four or, five years of sustained three percent growth many economists are sceptical that current rates will continue though Federal Reserve officials told congress this month that they. Project GDP growth rates of under three percent next year and lower in twenty twenty and the ongoing trade fight. Also has the potential to limit growth Mary Kennedy NPR news Washington Israeli authorities have freed a Palestinian. Teen activist who, served eight months in prison for hitting as rarely soldiers, outside her. Home in the West Bank as NPR's Daniel estrin Reports the case has. Drawn widespread attention seventeen-year-old ahead TIMMY me spoke to reporters and activists. In her, village of, Nabi solid power to the people she said the people can decide their way of resistance with her long frizzy blond hair I had to me became an internationally. Recognized symbol She was, recorded kicking and slapping two Israeli. Soldiers outside her home in the Israeli-occupied West Bank after. The video went viral angering many Israelis she was. Arrested she and her mother who posted the video online served eight. Months in prison for assault and encouraging violence asked. If she'd do it again hits soldiers the way she, did she said she couldn't say much for fear of rearrest many Israelis see to me as a violent provocateur. Many Palestinians say she represents a defiant young generation of Palestinian youth one of. Many who have been jailed. By Israel Daniel estrin NPR news. Nebi Saleh. In the West Bank the average price of regular grade gasoline in, the US fell three cents. A gallon over the past two weeks the average price still fifty nine cents, higher than. It was a year, ago this is NPR news Fifteen. People have been taken to hospitals after an ammonia leak bird's-eye food, plant in southeastern Wisconsin a total. Of one hundred forty people were working. The overnight. Shift at the factory when alarms and sensors started going off besides the fifteen people taken to. Five area hospitals around Darien Wisconsin another seventy. Five workers were. Checked at the scene and released as NASA celebrates sixty years since its creation by congress its new leader is putting a focus on returning, to the Mon for member station. W. m. f. e. Brendan Byrne reports the agency continues. To explore space eleven years after the founding of. NASA a Saturn five rocket launched Apollo astronauts on a mission to. Walk on the moon now NASA wants to go. Back the space agency is developing its next big rocket, the space launch system to send humans back to the moon a test launch of that rocket is scheduled in. About two years followed by a fully crewed mission shortly after NASA is also. Exploring Mars Rovers curiosity And spirit, are active on the red planet and another Rover is set to join the pair watching twenty twenty the agency is also. Helping scientists discover Exo planets planets outside our solar system by developing space, based telescopes, to search for other worlds for NPR news I'm Brendan Byrne at the. Weekend, box office mission impossible fallout easily took the number one spot on the, domestic charts second place went to mama Mia here we go again. Which fell fifty seven percents in its second weekend in theaters the, equalizer to slid the third and. Hotel Transylvania three summer vacation took fourth. I'm Jim NPR news. In Washington Support for NPR. Comes from NPR stations other contributors include the Walton, family foundation, we're opportunity takes root more information, is available at Walton, family foundation dot org and the John D and Catherine t. MacArthur foundation, at macfound dot org.

NPR Nasa California West Bank Jim Npr Washington Brendan Byrne United States Mary Kennedy Assault Congress Steven Mnuchin Fox News Macarthur Foundation Brett Gavia CAL Jim Hawk Deputy Chief
Natural and cultural sites added to the World Heritage List

Marketplace Weekend

02:01 min | 2 years ago

Natural and cultural sites added to the World Heritage List

"This is npr news republican senator susan collins a key vote on president trump's pick for the supreme court said sunday she would oppose any nominee she believed would overturn the landmark roe versus wade decision that legalized abortion the maine senator said she would only back a judge who would show respect for settled law such as the forty five year old road decision the united nations cultural organisation unesco is adding more landmarks to its world heritage list npr's laura and freyre reports from one of the sites the indian city of mumbai it's mumbai architecture specifically its victorian gothic an art deco buildings which unesco has awarded world heritage status saying they bear testimony to the phases of modernisation that mumbai underwent in the nineteenth and twentieth centuries back then it was called bombay the gateway to india and one of the biggest ports in the british empire the victorian buildings are suited to the steamy climate here with balconies and verandahs they're colorful old art deco oh movie theaters who style became known as indo deco this is the third unesco recognition from by the city's train station and nearby cave temples dedicated to the hindu god shiva are also world heritage sites as such they get special protection under international treaties lauren fryer npr news mumbai at the weekend box office jurassic world fallen kingdom was the top draw for a second weekend in a row the animated family flick incredible to now in its third weekend in theaters took second place the action thriller sequel sicario day of the dada was third i'm jim hawk npr news in washington support for npr comes from npr stations other contributors include the walton family foundation where opportunity takes root more information is available at walton family foundation dot org and the john d and catherine t macarthur foundation at macfound dot org.

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1 dead, several injured in shooting at New Jersey festival

Wait, Don't Tell Me!

02:16 min | 2 years ago

1 dead, several injured in shooting at New Jersey festival

"Thousands left homeless precedent jimmy morales says the projected cost to deal with damages from the volcano stance at some seventy million dollars for npr news i'm maria martin in antigua guatemala this is npr this is wnyc in new york i'm lance lucky as you've been hearing on wnyc authorities say one suspect is dead and another is in police custody after gunfire erupted at an all night arts festival in trenton at least twenty two people were injured trenton resident urban higginbotham told whyy he was looking at an exhibit when shots rang out at about two forty five am all of a sudden right like that hey realized shocked on the ground another shot how and then i seem to blood leaking down my leg others were injured as they scrambled for the exits mercer county prosecutor angelo enough recess seventeen people were treated for gunshot wounds including a thirteen year old boy who was in critical condition enough offering says a neighborhood beef was behind the shooting local congressional democrats chose father's day to conduct an unannounced inspection of a federal detention facility in new jersey they wanted to speak with asylum seekers who have been separated from their children speaking outside the facility in elizabeth new jersey congressman frank pallone said one detainee had heard that his daughter is now in michigan but can't be sure he described how the man's five year old daughter was taken away while he was sleeping and three forty three way immigration and customs enforcement has not yet responded to a request for comment pallone and six other members of congress were joined by immigrant and civil rights groups calling for an end to the trump administration's immigration policy of separating children from their parents eighty eight degrees now in air quality alert remains in effect until eleven pm sunny ninety two tomorrow wnyc support for npr comes from the walton family foundation where opportunity takes root more information is available at walton family foundation dot org.

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"walton family" Discussed on WIBC 93.1FM

WIBC 93.1FM

02:18 min | 3 years ago

"walton family" Discussed on WIBC 93.1FM

"Waltons you know the walmart walton family he was attacking the waltons and he said he tweeted this this is what he tweeted yesterday afternoon quote meanwhile the walton family walmart has a net worth of one hundred and forty four billion dollars this is what a rigged economy looks like how in the world do they rig and economy i mean is it possible maybe perhaps that they created a business that filled a need and they worked hard and they create and and they built it up and they added employees and they made it to where it was valued at one hundred forty four billion and they wouldn't it wasn't the smarter approach be to ask why everyone else's due to the choices of people like bernie sanders why everybody else's wages are stagnant and why you know ask that question it's rigged it's way because people worked hard and they were able to make something of themselves that means it's a rigs system cash this man's ignorance is petrifying it really is it it just yeah let's go ahead and kick it into some quick five shall he's after the hour time for during those quickfire fog twitchy had an interesting headlines the hillary clinton is finally going to wisconsin guys i mean it's a little bit to lay but she's finally it's in november she's when at the beginning of november to wisconsin she's visiting milwaukee and the milwaukee journal sentinel or had sent a reporter to cover it and he bought a ticket and i'm looking at us you don't wanna know how much is ticket was for and these are for the least expensive seats when a were you want to submit a guess came least expensive seats for the hillary clinton live tour she's got to make it accessible to the average person right so yes from like seventy five bucks around no no the full including fees is one hundred sixty two dollars at some point you just made enough money prey isn't that how that works via worry moore's democrat opponent down there in alabama he had a real hot take he is a firm believer in being pro laugh after a baby is more yeah he seems like he is a real interesting dude and this.

walmart bernie sanders hillary clinton milwaukee milwaukee journal sentinel reporter moore alabama walmart walton wisconsin one hundred sixty two dollars forty four billion dollars