US presidential debate recap, EY’s Wirecard warning, JPMorgan spoofing settlement
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 30 September 2020
⏱️ 11 minutes
🧾️ Download transcript
Summary
The first presidential debate quickly turned chaotic, and JPMorgan Chase will have to pay $920m in the largest ever spoofing settlement. Plus, the FT’s Olaf Storbeck uncovers that EY was made aware of potential wrongdoing at Wirecard as far back as 2016.
Joe Biden and Donald Trump clash in ill-mannered presidential debate
https://www.ft.com/content/c77fa4ff-3278-4258-9033-8b62adcdbba5
EY whistleblower warned of Wirecard fraud four years before collapse
ft.com/content/3b9afceb-eaeb-4dc6-8a5e-b9bc0b16959d?
JPMorgan to pay $920m in largest-ever spoofing settlement
https://www.ft.com/content/f2c918c2-2659-4513-8851-cc40379d4840
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:02.0 | Today is Wednesday, September 30th, |
| 0:04.0 | and this is your FT News Briefing. |
| 0:07.0 | Democratic presidential nominee Joe Biden |
| 0:10.0 | and President Donald Trump |
| 0:12.0 | faced off in Cleveland last night in the first presidential debate of 2020. |
| 0:16.0 | Did we learn anything? |
| 0:18.0 | J.P. Morgan Chase admitted to manipulating the markets and will have to pay a hefty settlement for it. |
| 0:24.0 | Plus Wirecard earlier this year announced nearly 2 billion euros was missing from its accounts. |
| 0:29.3 | How long did Auditor E. Y. know about the fraud? |
| 0:32.4 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:40.0 | It was supposed to be a quote, debate, but for 90 minutes it sounded more like this |
| 0:45.2 | three and a half million dollars for Moscow and this. |
| 0:50.3 | Wait a minute you get the final word. Well it's hard to get any word in with this clown. |
| 0:53.0 | The first presidential debate of 2020 between Joe Biden and Donald Trump was |
| 0:57.8 | chaotic with moderator Chris Wallace often losing control and Trump talking |
| 1:02.3 | over Biden nearly non-stop. |
| 1:04.0 | Here with me now is Lauren Fiedor, our Washington correspondent. |
| 1:07.3 | Lauren, we're talking right after this debate. |
| 1:10.3 | In all seriousness, do you think American voters got anything productive out of this? |
| 1:16.0 | You know, that's a good question, Mark. And to be honest, I'm not sure if I have a good answer for you. |
| 1:22.0 | This was chaotic. It was unlike any presidential debate |
... |
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