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Transcripts For CNBC 60 Minutes On CNBC 20130311

[ticking] this company has blood on its hands. Hes talking about chiquita, the Banana Company which paid nearly 2 million in protection money to a murderous Paramilitary Group that killed or massacred thousands of people in colombia. These were extortion payments. These were payments that had to be made to protect the lives of our employees, and so its one of those situations where you just simply had no other choice. Either you pay or your people get killed. And you decided to pay . And the company decided to pay. Absolutely. [ticking] billions of dollars is coming from this office to help bail out the u. S. Economy. Why is it so unique . Because it is in beijing, headquarters of the China Investment corporation. How much do you have to invest . We have 200 billion. 200 billion . 200 billion. This is the funds president , gao xiqing. He has poured billions into investment houses on wall street, causing some concern here in the u. S. We think, based on your historical behavior, china,

Transcripts For CNBC 60 Minutes On CNBC 20130311

This company has blood on its hands. Hes talking about chiquita, the Banana Company which paid nearly 2 million in protection money to a murderous Paramilitary Group that killed or massacred thousands of people in colombia. These were extortion payments. These were payments that had to be made to protect the lives of our employees, and so its one of those situations where you just simply had no other choice. Either you pay or your people get killed. And you decided to pay . And the company decided to pay. Absolutely. [ticking] billions of dollars is coming from this office to help bail out the u. S. Economy. Why is it so unique . Because it is in beijing, headquarters of the China Investment corporation. How much do you have to invest . We have 200 billion. 200 billion . 200 billion. This is the funds president , gao xiqing. He has poured billions into investment houses on wall street, causing some concern here in the u. S. We think, based on your historical behavior, china, that youre

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