the f.c.c. to get two parts of equation correctly. the broadcast side and the broad band side. now for broadcasters, the intent of the law could not be more clear. for those that plan to exit the market, the f.c.c. has an obligation to let the market work. i'm concerned the commission seems to be -- needs to use its judgment. for the incentive auction to be successful, broadcasters that participate should be assured they will be compensated based on the market value of their licenses as determined by the auction. not based on estimates in the s.e.c. we should look asignificance at policies that would dissuade participation. for those that remain in the broadcasting, i have been equally clear what i believe is needed. the statute is clear what they deserve is certainty. broadcasters should be assured they will remain viable ollowing the akes. viable following the actions. the f.c.c. should take into consideration the unique challenges across the country as they reclaim broadcast spectrum repack e

f t c o c c and the federal reserve but this has turned into a bit of a drawn out process today the f.c.c. chair why you decide implementation of the volcker rule under extraordinary complex rule making quickly walk you through this process first before regulators publish their joint proposed rules all the way back in october two thousand and eleven there was a four month comment period after that which got extreme pushback from banking groups saying it would be way too costly and that it was just filled it with loopholes even paul volcker criticized the rules saying that they were too complicated and should be no more than just four pages then the c. f.t.c. who published their proposed rules which were over one hundred pages and during that comment period over seventeen thousand comments were made in july of last year the fed announced the banks have two years to conform with the rules but these rules have yet to be implemented occupied the as the c. filed a suit asking the courts to set a deadline for implementation and they also submitted a comment letter to the f.c.c. having found a n

there i guess this is part of a sweep that it is doing here i know that's easy going on inside the f.c.c. during that whole government not cracking down on on insider trading and that's so convenient let's go after the banker criminals who are basically committing acts against other banks because the objects who are trying to get the upper hand on other bankers but let's not go after the bankers who are trying to get the upper hand on consumers and on main street right. here is a problem is it's very easy to detect insider trading it's kind of hard to go after for the d.o.j. to go after and prove fraud in intent but the securities and exchange commission has had these algorithms in place in a modern monitoring system to monitor suspicious activity before very very civilians and so it is it's all about headline grabbing and say we're doing something but they're not going after the right to go after the people who are kicking millions of americans out of their homes on the legal documents the robo signing years let's not talk about the little rogue reciters i'm talking about the mainstay l

we're not going to as you see is not going after these big banks is i mean the current head of the f.c.c. is mary jo white she came from a white shoe law firm and was representing these guys and she revolved. those doors three separate times so the people at the chart at the head of these agencies are very conflicted they don't want to go after their phone as it had their agencies are from these industries and a whole other component are these intelligence firms that are between congress and these financial markets and they're feeding whatever laws might be coming down the pike and congress giving that information to the banks so that they can profit off and ahead of time there is movement in congress to do something about that and then what has that got blown out kyra cantor thank you all right and spencer baucus the chair of the house banking committee finance committee ok we're going to move on to a final subject we've got about ninety second senator warren's proposal mccain's proposal to reinstate a form of glass steagall has attracted a lot of attention critics say the separation of

that's what the headlines in the media suggest the security and game commission is alleging however the f.c.c. is simply investigating whether the new crypto currencies are being used as a tool to war investors and to an illegal investment scheme now whether or not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie and freddie at least trying to got out. and there was a natural gas explosion on an unmanned raid off the coast of louisiana on tuesday the blaze has been described as out of control no injuries were reported on the nearby jack up the rig but a natural gas cloud any very large and light sheen was reported the operator of the well stated no oil was killed but again it's a natural gas curiously at the well that exploded was a side track which is usually used to overcome an engineering problem with the original well we'll stay on top of

the headlines in the media suggest the security interesting information is now lodging however the f.c.c. is simply investigating whether the new crypto currencies are being used as a tool to war investors and to an illegal investment schemes you know whether or not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie at least trying to got out. and there was a natural gas explosion on an unmanned raid off the coast of louisiana on tuesday the blaze has been described as out of control no injuries were reported on the nearby jack up the rig but a natural gas cloud any very large a light sheen was reported the operator of the well stated no oil spilled but again it's a natural gas curiously in the well that exploded was a side track which is usually used to overcome an engineering problem with the original well we'll stay on top of this story

just there i guess this is part of a sweep that they did that is doing here are going on inside the f.c.c. doing that whole government not cracking down on on insider trading and that's so convenient let's go after the banker criminals who are basically committing acts against others. i think it's the objects who are trying to get the upper hand on other bankers but let's not go after the bankers who are trying to get the upper hand on consumers and on main street right typical here's the problem is it's very easy to detect insider trading it's kind of hard to go after for the d.o.j. to go after and prove fraud in intent but the securities and exchange commission has had these algorithms in place in a modern monitoring system to monitor suspicious activity before very very civilians and so it is it's all about headline grabbing and say we're doing something but they're not going after the right to go after the people who are kicking millions of americans out of their homes on the legal documents the robo signing let's not talk about the little rubber centers i'm talking about the main see

we're not going to as you see is not going after these big banks is i mean the current head of the f.c.c. is mary jo white she came from a white shoe law firm and was representing these guys and she revolved. those stores three separate times so the people at the chart at the head of these agencies are very conflicted they don't want to go after their fertility is it had their agencies or from these industries and a whole other component are these intelligence firms that were going to congress and these financial markets they're feeding whatever laws might be coming down the pike in congress giving that information to the banks so that they can profit off and ahead of time there is movement in congress to do something about that and then you know what has that got blown out kyra cantor thank you all right and spencer baucus the chair of the house banking committee finance committee ok we're going to move on to a final subject we've got about ninety second senator warren's proposal mccain's proposal to reinstate a form of glass steagall has attracted a lot of attention critics say the sep

not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie at least trying to got out. and there was a natural gas explosion on an unmanned raid off the coast of louisiana on tuesday the blaze has been described as out of control no injuries were reported on the nearby jack up the rig but a natural gas cloud any very large a light sheen was reported the operator of the well stated no oil spilled but again it's a natural gas curiously in the well that exploded was a side track which is usually used to overcome an engineering problem with the original well we'll stay on top of this story as it develops and we have a bloomberg update that would be the scandal were bloomberg reporters were allegedly spying on bloomberg terminal users including such power users as ben bernanke he and tim geitner well the current attorney general of new york eric sch

system but as a partner at kirkland cruz amin will represent some of the same corporations that the f.c.c. oversees now kirkland is known for lavishing its star partners with some of the highest salaries in the industry and it's also been reported that they hired one of his obviously tenants at the f.c.c. kenneth lunch now some companies offer khuzami even more money which just shows how highly into man these former s.e.c. enforcers are to these financial firms and as wall street faces greater regulation after a financial crisis the firms are clamoring for marquee names who can navigate the agency. now in other news millions of pieces of trash are floating in the world's oceans and fundamentally changing the make up of the earth's food chain in fact tons of plastic it has accumulated in what is known as the great pacific garbage patch that was discovered in one thousand nine hundred seven by captain charles moore and he described it as an actually a soupy mixture of micro plastic fragments that swirl into vast belts in the remote north pacific ocean and since his discovery more and others

f t c o c c and the federal reserve but this has turned into a bit of a drawn out process today the f.c.c. chair white said implementation of the volcker rule under extraordinary complex rule making quickly walk you through this process first before regulators publish their joint proposed rules all the way back and october two thousand and eleven there was a four month comment period after that which got extreme pushback from banking groups saying it would be way too costly and that it was just filled it with loopholes even paul volcker criticized the rules saying that they were too complicated and should be no more than just four pages then the c. f.t.c. who published their proposed rules which were over one hundred pages and during that comment period over seventeen thousand comments were made in july of last year the fed announced the banks have two years to conform with the rules but these rules have yet to be implemented occupied as the c. filed a suit asking the courts to set a deadline for implementation they also submitted a comment letter to the f.c.c. having found a number of ho

not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie and freddie at least trying to got out. and there was a natural gas explosion.

f t c o c c and the federal reserve but this has turned into a bit of a drawn out process today the f.c.c. chair why it is said implementation of the volcker rule under extraordinary complex rule my. making i'll quickly walk you through this process first before regulators publish their joint proposed rules all the way back and october two thousand and eleven there was a four month comment period after that which got extreme pushback from banking groups saying it would be way too costly and that it was just filled it with loopholes even paul volcker criticized the rules saying that they were too complicated and should be no more than just four pages then the c. f.t.c. who published their proposed rules which were over one hundred pages and during that comment period over seventeen thousand comments were made in july of last year the fed announced the banks have two years to conform with the rules but these rules have yet to be implemented occupied the as the c. filed a suit asking the courts to set a deadline for implementation and they also submitted a comment letter to the f.c.c. having

however the f.c.c. is simply investigating whether the new crypto currencies are being used as a tool to war investors and to an illegal investment scheme now whether or not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie and freddie at least trying to got out. and there was a natural gas explosion.

not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a.

nearer controller is already one of the more active shareholder proponents bringing actually using their f.c.c. parag it's to bring shareholder resolutions and they for example brought the resolution that challenge whether or not jamie diamond can be both c.e.o. and oversee himself as chair for example and did very well in the vote no campaign on ellen food or who was one of the risk committee members of j.p. morgan and drop the credential of being head of the natural history museum. in new york city but all sharp teeth are more than welcome in the field of shareholder activism just for example j.p. morgan allegedly spent five million dollars trying to convince shareholders to vote with it or vote with jamie dimon and let him both be a manager and chair overseeing himself so i think this is an important point because we have hedge fund managers like carl i can who is an activist investor and he uses power to get on the boards can eliot spitzer really affect any change though in this position or is he going to use his rolodex to the new york attorney general office or the governor himself to be

the headlines in the media suggest the security intervenes for the mission and alleging however the f.c.c. is simply investigating whether the new crypto currency they're being used as a tool to war investors and to an illegal investment scheme now whether or not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to fab you and freddie at least try.

what the headlines in the media suggest the security and games commission and alleging however the f.c.c. is simply investigating whether the new crypto currency they're being used as a tool to war investors and to an illegal investment scheme now whether or not this is true the smear campaign against alternative currencies continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie at least trying to got out. and there was a natural gas explosion on an unmanned raid off the coast of louisiana on tuesday the blaze has been described as out of control no injuries were reported on the nearby jack up the rig but a natural gas cloud any very large and light sheen was reported the operator of the well stated no oil spilled but again it's a natural gas curiously at the well that exploded was a side track which is usually used to overcome an engineering problem with the original well we'll stay on top of this story a

he has jurisdiction he joined the f.c.c. to secure more than a billion dollars in fines during a late trading investigation and the global settlement for inflating stock price is he penalties from j.p. morgan chase goldman sachs deutsche bank just to name a few he also went after dick grasso the then chairman of new york stock exchange for receiving excessive compensation at the time it was listed as a not for profit exchange however this attempt was fruitless as grasso won the case in court and addition to whipping the financial services sector in line attorney general spitzer pursued cases in other industries including bringing down several prostitution rings after laying down the wall as a.g. he became the fifty fourth governor of new york but only for half a term as his terminal issues conquered him reversing the investigations on spitzer's he resigned after the f.b.i. caught him with his pants down at the mayflower hotel his stand up was revealed just a few blocks from here and what's been called at least faithful city

near controller is already one of the more active shareholder proponents bringing actually using their f.c.c. parag it's to bring shareholder resolutions they for example brought the resolution that challenge whether or not jamie dimon can be both c.e.o. and oversee himself as chair for example and did very well in the vote no campaign on ellen food or who was one of the risk committee members of j.p. morgan and brought the credential of being head of the natural history museum. in new york city but all sharp teeth are more than welcome in the field of shareholder activism just for example j.p. morgan allegedly spent five million dollars trying to convince shareholders to vote with it or vote with jamie dimon and let him both be a manager and chair overseeing himself but i think this is an important point because we have hedge fund managers like carl like and who is an activist investor and he uses power to get on the boards can eliot spitzer really affect any change though in this position or is he going to use his rolodex to the new york attorney general office or the governor himself to b

near controller is already one of the more active shareholder proponents bringing actually using their f.c.c. parag it's to bring shareholder resolutions and they for example brought the resolution that challenge whether or not jamie diamond can be both c.e.o. and oversee himself as chair for example and did very well in the vote no campaign on ellen food or who was one of the risk committee members of j.p. morgan and brought the credential of being head of the natural history museum. in new york city but all sharp teeth are more than welcome in the field of shareholder activism just for example j.p. morgan allegedly spent five million dollars can try to convince shareholders to vote with it or vote with jamie dimon and let him both be a manager and chair overseeing himself so i think this is an important point because we have hedge fund managers like carl i can who is an activist investor and he uses power to get on the boards can eliot spitzer really affect any chain. though in this position or is he going to use his rolodex to the new york attorney general office or the governor himself t

the f.c.c. rule only lifted the ban on general solicitation but you can only sell to accredited investors to be an uncredited investor you either have to have one million dollars of investable assets not including your home or made two hundred. thousand dollars per year for the last two years further the rule states that you have to take a reasonable steps to verify that purchasers are in credit investors this may not be a big deal for an established firm that has a compliance department but a small startup may not have the tools available to them to verify their investors credentials in order to do this you would need to review iris forms or seek written confirmation from a registered broker dealer before this rule the bird was on the investor to prove his status well the jobs act was intended to help small businesses raise capital the way the rules were written it could be counterproductive i think red tape and compliance that's the sea took one more step to address this issue of fraud by pass

f t c o c c and the federal reserve but this has turned into a bit of a drawn out process today the f.c.c. chair white said implementation of the volcker rule under extraordinary complex rule making quickly walk you through this process first before regulators publish their joint proposed rules all the way back in october two thousand and eleven there was a four month comment period after that which got extreme pushback from banking groups saying it would be way too costly and that it was just filled it with loopholes even paul volcker. criticize the rules saying that they were too complicated and should be no more than just four pages then the c. f.t.c. who published their proposed rules which were over one hundred pages and during that comment period over seventeen thousand comments were made in july of last year the fed announced the banks have two years to conform with the rules but these rules have yet to be implemented occupied the as the c. filed a suit asking the courts to set a deadline for implementation and they also submitted a comment letter to the f.c.c. having found a numbe

today the f.c.c. chair white said implementation of the volcker rule under extraordinary complex rule making quickly walk you through this process first before regulators publish their joint proposed rules all the way back in october two thousand and eleven there was a four month comment period after that which got extreme pushback from banking groups saying it would be way too costly and that it was just filled it with loopholes even paul volcker criticized the rules saying that they were too complicated and should be no more than just four pages then the c. f.t.c. who published their proposed rules which were over one hundred pages and during that comment period over seventeen thousand comments were made in july of last year the fed announced the banks have two years to conform with the rules but these rules have yet to be implemented occupied the as the see filed a suit asking the courts to set a deadline for implementation they also submitted a comment letter to the f.c.c. having found a number of

nearer controller is already one of the more active shareholder proponents bringing actually using their f.c.c. parag it's to bring shareholder resolutions and they for example brought the resolution that challenge whether or not jamie diamond can be both c.e.o. and oversee himself as chair for example and did very well in the vote no campaign on ellen food or who was one of the risk committee members of j.p. morgan and brought the credential of being head of the natural history museum. in new york city but all sharp teeth are more than welcome in the field of shareholder activism just for example j.p. morgan allegedly spent five million dollars and trying to convince shareholders to vote with it or vote with jamie dimon and let him both be a manager and chair overseeing himself so i think this is an important point because we have hedge fund managers like carl i can who is an activist investor and he uses power to get on the boards can eliot spitzer really affect any change though in this position or is he going to use his rolodex to the new york attorney general office or the governor himsel

we're not going to as you see is not going after these big banks is i mean the current head of the f.c.c. is mary jo white she came from a white shoe law firm and was representing these guys and she revolved through those doors three separate times so the people at the chart at the head of these agencies are very conflicted they don't want to go after their for all of these had their agencies are from these industries and a whole other component are these intelligence firms that were going to between congress and these financial markets they're feeding whatever laws might be coming down the pike and congress giving that information to the banks so that they can profit off and ahead of time there is movement in congress to do something about that and then you know what have they got thrown out there cantor thank you all right and spencer baucus the chair of the house banking committee finance committee ok we're going to move on to a final subject we've got about ninety second senator warren's proposal mccain's proposal to reinstate a form of glass steagall has attracted a lot of attention

york controller is already one of the more active shareholder proponents bringing actually using their f.c.c. parag it's to bring shareholder resolutions they for example brought the resolution that challenge whether or not jamie dimon can be both c.e.o. and oversee himself as chair for example and did very well in the vote no campaign on ellen food or who was one of the risk committee members of j.p. morgan and brought the credential of being head of the natural history museum. in new york city but all sharp teeth are more than welcome in the field of shareholder activism just for example j.p. morgan allegedly spent five million dollars and trying to convince shareholders to vote with it or vote with jamie dimon and let him both be a manager and chair overseeing himself so i think this is an important point because we have hedge fund managers like carl i can who is an activist investor and he uses power to get on the boards can eliot spitzer really affect any change though in this position or is he going to use his rolodex to the new york attorney general office or the governor himself to b

york controller is already one of the more active shareholder proponents bringing actually using their f.c.c. parag it's to bring shareholder resolutions they for example brought the resolution that challenge whether or not jamie dimon can be both c.e.o. and oversee himself as chair for example and did very well in the vote no campaign on ellen food or who was one of the risk committee members of j.p. morgan and brought the credential of being head of the natural history museum. in new york city but all sharp teeth are more than welcome in the field of shareholder activism just for example j.p. morgan allegedly spent five million dollars can trying to convince shareholders to vote with it or vote with jamie dimon and let him both be a manager and chair overseeing himself but i think this is an important point because we have hedge fund managers like carl like and who is an activist investor and he uses power to get on the boards can eliot spitzer really affect any change though in this position or is he going to use his rolodex to the new york attorney general office or the governor himself

the f.c.c. rule only lifted the ban on general solicitation but you can only sell to accredited investors to be an uncredited investor you either have to have one million dollars of investable assets not including your home or made two hundred. thousand dollars per year for the last two years further the rule states that you have to take a reasonable steps to verify that purchasers are in credit investors this may not be a big deal for an established firm that has a compliance department but a small startup may not have the tools available to them to verify their investors credentials and in order to do this you would need to review i.r.s. forms or seek written confirmation from a registered broker dealer before this rule the bird was on the investor to prove his status well the jobs act was intended to help small businesses raise capital the way the rules were written it could be counterproductive adding red tape and compliance that's the sea took one more step to address this issue of fraud by

go on the f.c.c.'s website to feel a person out. s.e.c. gov because a lot of these guys are not licensed. >> thank you so much. appreciate it. make sure you turn in tomorrow and we will talk about on-line scams. a lot of folks getting had by that. the time now six minutes till the top of the hour. hate when you're on a plane and the person won't stop chatting? it turns out that's not even the worst offender. the worst kind of air passenger revealed next. >> removing god from the declaration of independence for a commercial. >> all men are created equal. they are endowed with certain inalienable rights. life liberty and the pursuit of happiness. >> the beer maker standing by its decision. your brew on its responses your brew on its responses next. but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twice as likely to lose your supporting teeth. new poligrip and polident for partials 'seal and protect' helps minimize stress, which may damage supporting teeth, by stabilizing your partial. and 'clean a

global's general counsel sent e-mails to the f.c.c. m a c s d c and they came and there was a significant shortfall in the customer segregated accounts yet the next day november first in bankruptcy court and the locals bankruptcy council cans them on ad and went before the judge and misrepresented saying that there were no. he specifically said there was no shortfall in the broker dealer and then if the f.t.c. attorney stood up shortly after that nobody corrected this and there were headlines out that day that said the money that there's no shortfall and this was one of the events that led the futures industry into a shortfall after it was discovered that there was a shortfall so i mean you started out with the customer commodity customer coalition you helped found it to deal with the fact that there was nobody looking out for the futures industry at that time and what was it like in those early days i mean it was absolutely. i'm a licensed attorney but i've never practiced a day of all my life i've never taken a class on bankruptcy so

global's general counsel sent e-mails to the f.c.c. m a c s d c indicating that there was a significant shortfall in the customer segregated accounts yet the next day november first in bankruptcy court and the locals bankruptcy council cans them on ad and went before the judge and misrepresented saying that there were no. he specifically said there was no shortfall in the broker dealer and then a c. f.t.c. attorney stood up shortly after that nobody corrected this and they were headlines out that day that said the money that there's no shortfall and this was one of the events that led the futures industry into a shortfall after it was discovered that there was a shortfall so i mean you started out with the customer commodity customer coalition you helped found it to deal with the fact that there was nobody looking out for the futures industry at that time and what was it like in those early days . i mean it was actually. i'm a licensed attorney but i've never practiced a day of all my life i've never taken a class on bankruptcy so at t

that's what the headlines in the media suggest the security exchange commission is alleging however the f.c.c. . it is simply investigating whether the new crypto currencies are being used as a tool to war investors and to an illegal investment scheme now whether or not this is true the smear campaign against alternative currencies continues in a press release the i.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie at least trying to got out. and there was a natural gas explosion on an unmanned raid off the coast of louisiana on tuesday the blaze has been described as out of control no injuries were reported on the nearby jack up the rig but a natural gas cloud any very large a light sheen was reported the operator of the well stated no oil spilled but again it's the natural gas curiously of the well that exploded was a side track which is usually used to overcome an engineering problem with the original well we'll stay on top of this stor

global's general counsel sent e-mails to the f.c.c. m a c s u c indicating that there was a significant shortfall in the customer segregated accounts yet the next day november first in bankruptcy court m.f. global's bankruptcy counsel cans them on scat and went before the judge and misrepresented it saying that there were no. he specifically said there was no shortfall in the broker dealer and then a c f t c attorney stood up shortly after that nobody corrected this and they were headlines out that day that said the money that there's no shortfall and this was one of the events that led the futures industry into a shortfall after it was discovered that there was a shortfall so i mean you started out with the customer commodity customer coalition you helped found it to deal with the fact that there was nobody looking out for the futures industry at that time and what was it like in those early days . i mean it was actually. i'm a licensed attorney but i've never practiced a day of all my life i've never taken a class on bankruptcy so at

fantastic musical in the west and you know speaking of puffery by the way they've just allowed the f.c.c. is allowing hedge funds to start advertising so wait until you think people are confused now and don't know anything about the world around them hedge fund start advertising and daytime television is going to be like those drug manufacturers that advertisers say take this new drug for a disease we just invented and here are the risks then they run fifty pages of risks the absolved of my law bill it will be like here's john paulson the worst hedge fund manager in the world buy into his fun and here's thirty pages of disclaimers absolving anyone from any risk of buying into this ridiculously overpriced junk fund now speaking of the political proffer here in the u.k. so people are very confused they think the welfare bums are their normal neighbor next door joe sixpack next door whereas in fact it's the banking sector they're the ones that suck out and lead to pon the economy of course now we're going to turn to this headline about bankers and what bankers think about the population con

romney that's just there i guess this is part of a sweep that it is doing here are going on inside the f.c.c. doing several government not cracking down on on insider trading and that's so convenient let's go after the banker criminals who are basically committing acts against other. missing objects who are trying to get the upper hand on other bankers but let's not go after the bankers who are trying to get the upper hand on consumers and on main street right typical here's the problem is it's very easy to detect insider trading it's kind of hard to go after for the d.o.j. to go after and prove fraud in intent but the securities and exchange commission has had these algorithms in place in a monitoring system to monitor suspicious activity before very very civilians and so it is it's all about headline grabbing and say we're doing something but they're not going after the right to go after the people who are kicking millions of americans out of their homes on the legal documents the robo. here's let's go after not not not one but the little rubber centers i'm talking about the maine sea like

fantastic musical on the west ham and you know speaking of puffery by the way they've just allowed the f.c.c. is allowing hedge funds to start advertising so wait until you think people are confused now and don't know anything about the world around them a hedge fund start advertising on daytime television is going to be like those drug manufacturers that advertisers say take this new drug for a disease we just invented and here are the risks then they run fifty pages of risks that do absolves our from i love bill it will be like here's john paulson the worst hedge fund manager in the world buy into his fun and here's thirty pages of disclaimers absolving anyone from any risk of buying into this ridiculously overpriced junk funk now speaking of the political puffery here in the u.k. so people are very confused they think the welfare bums are there you know normal neighbor next door joe sixpack next door whereas in fact it's the banking sector they're the ones that suck out and lead to pon the economy of course now we're going to turn to this headline about bankers and what bankers think abou

fantastic musical in the west i'm and you know speaking of puffery by the way they've just allowed the f.c.c. is allowing hedge funds to start advertising so wait until you think people are confused now and don't know anything about the world around them a hedge fund start advertising on daytime television is going to be like those drug manufacturers that advertisers say take this new drug for a disease we just invented and here are the risks then they run fifty pages of risks that do absolve them from my last bill it will be like here's john paulson the worst hedge fund manager in the world buy into his fun and here's thirty pages of disclaimers absolving anyone from any risk of buying into this ridiculously overpriced junk fund now speaking of the political proffer here in the u.k. so people are very confused they think the welfare bums are their normal neighbor next door joe sixpack next door whereas in fact it's the banking sector they're the ones that suck out and lead to problem the economy of course now we're going to turn into this headline about bankers and what bankers think about

bar felons and other bad actors from participating and offering and bester advocacy groups ask the f.c.c. to update the bad actor rule before lifting the ban on solicitation for fears that felons could try to scam innocent television it is that investors on the television or in the internet these rules will not be effective for another sixty days or they are in the public comment period if you would like to file your comments or concerns with the securities and exchange commission visit s c c. i wasso be continuing this conversation on twitter at perry and r t. we all know death and taxes are the only certainties in life but the tax structure itself is a byzantine nightmare isn't it coming up just charge how some of the biggest corporations got uncle sam to cut them and i'll do well with over financial aid to egypt. we'll talk about language as well but i will only react to such a. bridge which will let. you know i will leave a comment on your. it's. no more weasel words. when you question me prepared for a change when you punch be ready for a. president of speech. than the financier cla

the fed had the authority does that mortgage lending standards across the board they didn't do it the f.c.c. and see f.t.c. had the authority to apply some market regulation to drive it as congress strip them of that authority so there or they were tools that could have been used prior to the crisis that would have prevented it that were not and we should learn from that the tools are there now congress has given the regulators a lots of new tools they need to use. that was my interview with former f.b.i. c chairwoman sheila bair now it's time for today's daily door. guess what we got sam sachs back here thank you for joining me for today's dual thank you bob let's get to our first story. that we got that apple product it's called i watch you got to love that name i watch after all this tech stuff according to forbes apple is said to be hiring outside help to tackle design problems with its smart watch and according to the financial times a tech firm wants to bring in fresh pair of eyes to look at the device because it's in the house developers may be struggling to solve. the problems i giv

currency's continues in a press release the f.c.c. stated quote investors should understand that regardless of the type of investment the promise of high returns with little or no risk is a classic warning side of fraud well don't tell that to freddie at least trying to got out. and there was a natural gas explosion on an unmanned raid off the coast of louisiana on tuesday the blaze has been described as out of control no injuries were reported on the nearby jack up greg but a natural gas cloud any very large and light sheen was reported the operator of the well stated no oil was killed but again it's the natural gas curiously in the well that exploded was a sidetrack well which is usually used to overcome an engineering problem with the original well we'll stay on top of this story as it develops and we have a bloomberg update that would be the scandal were bloomberg reporters were allegedly spying on bloomberg terminal users including such power users as ben bernanke tim geithner well the current attorney general of new york eric sc

something standards across the board they didn't do it the f.c.c. and c f t c had the authority to apply some market regulation to drive it as congress strip them of that authority so there or they were tools that could've been used prior to the crisis that would have prevented it that were not and we should learn from that the tools are there now congress has given the regulators a lots of tools they didn't do. that was my interview with former f.b.i. c chairwoman sheila bair now it's time for today's daily door. guess what we got sam sachs back here at thank you for joining me for today's dual let's get to our first story. we got the apple product it's called i watch you got to love that name i watch after all this tech stuff according to forbes apple is said to be hiring outside help to tackle design problems with its smart watch and according to the financial times a tech firm wants to bring in fresh pair of eyes to look at the device because it's in the house developers may be struggling to solve the problems i give you the floor so i don't rea

the fed had the authority does that we're getting standards across the board they didn't do it the f.c.c. and see have the see have the authority to apply some market regulation to drive it as congress strip them of that authority so there or there were tools that could've been used prior to the crisis that would have prevented it there were not and we should learn from that the tools are there now congress has given the regulators a lots of new tools they need to use. that was my interview with former f.b.i. c chairwoman sheila bair now it's time for today's daily dog. guess what we got back here at thank you for joining me for today's dual let's get to our first story. we've got the apple product it's called i watch you got to love that name i watch after all this tech stuff according to forbes apple is said to be hiring outside help to tackle design problems with its smart watch and according to the financial times a tech firm wants to bring in fresh pair of eyes to look at the device because it's in-house developers may be struggling to solve the problems i give you the floor on this

bar felons and other bad actors from participating and offering and bester advocacy groups asked the f.c.c. to update the bad actor rule before lifting the ban on solicitation for fear is that felons could try to scam innocent television are innocent investors on the television or in the internet these rules will not be effective for another sixty days or they are in the public comment period if you would like to file your comments or concerns with the security and exchange commission visit as the si dot gov i will also be continuing this conversation on twitter at perry and r t. we all know death and taxes are the only certainties in life but the tax structure itself is a byzantine nightmare isn't it coming up just stream of charge how some of the biggest corporations got uncle sam to cut. and i'll deal with over financial aid to egypt. i would rather ask questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on r.t. question more. what. we go from goldman to be a lation in jobs maneuvering to tax code ti

bar felons and other bad actors from participating and offering investor advocacy groups asked the f.c.c. to update the bad actor rule before lifting the ban on solicitation for fear is that felons could try to scam innocent television are innocent investors on the television or in the internet these rules will not be effective for another sixty days or they are in the public comment period if you would like to file your comments or concerns with the security and exchange commission visit as the si dot gov i will also be continuing this conversation on twitter at perry and r t. we all know death and taxes are the only certainties in life but the tax structure itself is the byzantine nightmare isn't it coming up just stream of charge how some of the biggest corporations got uncle sam to cut. in on the world with over financial aid to egypt. it is easy. to. shoot easy. to. say. i was a new alert animation scripts scare me a little lame. there is breaking news tonight and we are continuing to follow the breaking news many. alexander's family cry tears are so why at a great thing rather that

global's general counsel sent e-mails to the f.c.c. m a c s d c and they came and there was a significant shortfall in the customer segregated accounts yet the next day november first and bankruptcy court and locals bankruptcy council cans them on ad and went before the judge and misrepresented saying that there were no. he specifically said there was no shortfall in the broker dealer and then a c. f.t.c. attorney stood up shortly after that nobody corrected this and there were headlines out that day that said the money that there's no shortfall and this was one of the events that led the futures industry into a shortfall after it was discovered that there was a shortfall so i mean you started out with the customer a commodity customer coalition you helped found it to deal with the fact that there was nobody looking out for the futures industry at that time and what was it like in those early days i mean it was actually. i'm a licensed attorney but i've never practiced a day of all my life i've never taken a class on bankruptcy so at t

board they didn't do it the f.c.c. and see have the see have the authority to apply some market regulation to drive it is congress just in that authority so there or they were tools that could've been used prior to the crisis that would have prevented it that were not and we should learn from that the tools are there now congress has given the regulators a lots of tools maybe. that was my interview with former f.b.i. c chairwoman sheila bair now it's time for today's daily door. guess what we got sam sachs back here at thank you for joining me for today's dual thank you bob let's get to our first story. we got the apple product it's called i watch you got to love that name i watch after all this tech stuff according to forbes apple is said to be hiring outside help to tackle design problems with its smart watch and according to the financial times a tech firm wants to bring in fresh pair of eyes to look at the device because it's in the house developers may be struggling to solve the problems i give you the floor so i

fantastic musical in the west end and you know speaking of puffery by the way they've just allowed the f.c.c. is allowing hedge funds to start advertising so wait until you think people are confused now and don't know anything about the world around the hedge fund start advertising on daytime television is going to be like those drug manufacturers that advertisers say take this new drug for disease or just invented and here are the risks they run fifty pages of risks that do absolve them from my last bill it will be like here's john paulson the worst hedge fund manager in the world buy into his fun and here's thirty pages of disclaimers absolving anyone from any risk of buying into this ridiculously overpriced junk funk now speaking of the political proffer here in the u.k. so people are very confused they think the welfare bums are their normal neighbor next door joe sixpack next door whereas in fact it's the banking sector they're the ones that suck out and lead to pon the economy of course now we're going to turn to this headline about bankers and what bankers think about the population c

the fed had the authority to set mortgage lending standards across the board they didn't do it the f.c.c. and see have the see have the authority to apply some market regulation to drive it as congress strip them of that authority so there or they were tools that could've been used prior to the crisis that would have prevented it that were not and we should learn from that the tools are there now congress has given the regulators a lots of new tools they need to use them. that was my interview with former f.b.i. c chairwoman sheila bair now it's time for today's daily door. guess what we got sam sachs back here at thank you for joining me for today's dual thank you bob let's get to our first story. we got the apple product it's called i watch you gotta love that name i watch out for all this tech stuff according to forbes apple is said to be hiring outside help to tackle design problems with its smart watch and according to the financial times a tech firm wants to bring in fresh pair of eyes to look at the device because it's in the house developers may be struggling to solve the problem

sort of pole dancing kind of way folds tiny stock is penny from heaven and this is according to the f.c.c. filings of matrix advisors which he and his wife run he is a part owner of guy eco and go eat go like many a small company was born from the ashes of another penny stocks busted business model in this case of boys toys a san francisco strip club that went public before red dispute led to its collapse so he's running this guy eco penny stock company and it's a former pole dancing company. fold very into the wasteland known as the penny stocks. and penny stocks it's a good thing. really. metaphor or gives you an idea of where the global economy is going because everything is turned in into a penny stock basically in terms of the penny stocks are notoriously manipulated and here you have a situation where former. wallowing around in the penny stock wasteland and this is the heart of what a lot of the bank led to the banking system collapse was then the mindset of a pump and dump or scam or penny stock holder they treated their multibillion dollar companies like penny stock companies yea