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Of blackrock, the worlds biggest money manager. It handles more than 5 trillion in assets. After the financial crisis, what have we learned . Philipp we have too much leverage in the system without any doubt. When you have too much leverage, bad things happen. Not only do they happen, but when they happen, things tend to be amplified. Thats the key thing. We have also learned that this notion of letting the market be totally free, that wasnt a good idea. What stands out is banks needed much more capital than they had at the time. We had capital levels that were excessively low. In some cases, ...

We meet one of the most recognized names in swiss banking. We speak with the vicechairman of blackrock, the worlds biggest money manager. It handles more than 5 trillion in assets. After the financial crisis, what have we learned . Philipp we have too much leverage in the system without any doubt. When you have too much leverage, bad things happen. Not only do they happen, but when they happen, the effects tend to be amplified. Thats the key thing. We have also learned that this notion of letting the market be totally free, that governments should get out of their way that , wasnt a good idea....

Also coming up a new era begins in zimbabwe. Jubilation as president Robert Mugabe resigns the man who once proclaimed only god will remove me step down after thirty seven years in power so what is next for zimbabwe. Saad hariri back home in Beirut Lebanon as Prime Minister makes his First Official appearance since unexpectedly resigning from abroad will get more. And over a covers up a massive hack data from fifty seven million over customers exposed for the Ride Sharing Company kept it quiet and then paid the hackers to delete the stolen information. Someones going to get to have you with us...

Im sorry were a few minutes late in the beginning. We did have a vote in the floor and in the middle of it a colloquy concerning our schedule. This time i recognize myself for five minutes for an Opening Statement. Good afternoon and a warm welcome to each of our witnesses who are going to join us today. We are here on what has turned out to be an oabsolute lee gorgeous day in washington d. C. But were here to talk about an ugly, sorted subject. And that is online sex trafficking. Or its the name of as the organization describeds it more bluntly, slavery. As the stings continue to proliferate,...

Im sorry were a few minutes late in the beginning. We did have a vote in the floor and in the middle of it a colloquy concerning our schedule. This time i recognize myself for five minutes for an Opening Statement. Good afternoon and a warm welcome to each of our witnesses who are going to join us today. We are here on what has turned out to be an oabsolute lee gorgeous day in washington d. C. But were here to talk about an ugly, sorted subject. And that is online sex trafficking. Or its the name of as the organization describeds it more bluntly, slavery. As the stings continue to proliferate,...