tim collin. william, michael, paula gorman. jeff, linda. good morning >> we've followed this project for years as it's evolved and i would draw your attention to this article. one of the challenges we're facing we have to figure out a way to plaintiff's no. plan for 2w0 thousand more units. in the article there was a remarkable quote saying that 20 percent the housing units raise two questions. is it fair to the 20 percent of the land that the folks of the 20 percent >> to us this raises the question of the term density. it suggests that some neighborhoods have to take more, more density this project is zoned for much more housing. it was reduced to almost half to play cat the neighbors and we think it could actually accommodate more. but again, this is in response to neighborhood concerns. we think that the project would be improved. we know that the project sponsor we would ask a huge improvement to the neighborhood. that said we think this is an excellent design and it fits well, with the neighborhood context. there is a low density neig

. >> good afternoon, supervisors, tim collin on behalf of the san francisco housing action coalition and i should state without ambiguity, this plan should be moved forward. it should be adopted. there has been a lot of work done ton it and one of san francisco's favorite sports is opposing any kind of planning effort. this should not be one of them. that being said, a couple of parts cause us concern and i would ask to you recall the slide that mr. teague showed that shows the west soma plan area will create 200 in the new units over what the existing 1990 zoning contemplates. and given the proximity of western soma to so much employment and even if it's inadequate, so much muni transit infrastructure, that seems like an enormous missed opportunity. i don't think anyone could accuse this plan of being too bold. a second issue that i'm hearing from a lot, i would say well-regarded architects that their design features in west soma plan in particular you saw roof decks, rear yards and open space, that i guess can only be said to be not friendly to building. or let's say not friendly t

fact of the matter is if the bad bank were sellable, people like chris flowers and wilbur ross and tim collinse been here a long time trying to buy it. they said maybe we'll split it up, divide it into the good bank and bad bank. we'll sell the good bank to the russians and the troika said selling the good bank is the easy part. what are you going to do with the bad bank? none of that is going to work. you will hear more about what the hopes are for russia from steve in a second. because plan b has been rejected, this is the stark choice cyprus faces. they can either go back to taxing deposits or they can leave the euro or they can consolidate their two bad banks, that's a fancy way to say you shut them down, you wipe out all the equity, you wipe out all the bondholders and then even the ininsured depositors could face losses of 30% to 40%. in the meantime, the banks are still shut. they have to make a decision. people on the street are very calm and they seem unaware of the drama they could potentially be facing. >> michelle, thank you very much. and as michelle mentioned, much of this story

tim >> good afternoon commissioners. to me collin on behalf of of the cities commission. what we see is it takes a surface parking lot on some of the most valuable land in california and puts it into use that brings enormous profits to san francisco. that's something we support wholeheartedly. this project has been approved by ever public body that goes way back. it's - as near as we can tell it's being opposed by a group of folks who are aggrieved and perplexed new housing is going in their neighborhood. it's a great project and imagine we hear that those projects are next to a sewer project. there's going to be plenty of time to vote on this in the fall. but this is a narrow technical question and it's something perfectly erupt for the projects we see. we think this greatly advanced the interests of san francisco and i would ask that you, please support this and not delay it >> next speaker sandy? >> good afternoon. good afternoon >> i don't live in the area. >> good afternoon. >> good afternoon commissioners i'm here because i read the newspaper this morning and i was

collins for governor in 1994. republican nominee. independent. a democratic nominee. in south dakota, tim johnson beat john thune.obably the one you got first. then hawaii. mazie hirone beat brian schatz. >> congratulations to today's winner. if you have a trivia question, e-mail to us at msnbc.com. daily rundown at msnbc.com. wran. we'll be right back. [ male announcer ] ah... retirement. sit back, relax, pull out the paper and what? another article that says investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! seriously? seriously. you don't believe it? search it. "401(k) hidden fees." then go to e-trade and roll over your old 401(k)s to a new e-trade retirement account. we have every type of retirement account. none of them charge annual fees and all of them offer low cost investments. why? because we're not your typical wall street firm that's why. so you keep more of your money. e-trade. less for us. more for you. [ crisp crunches ] whoo-hoo-hoo! guess it was. [ male announcer ] pringles, bursting with more flavor. c pac kicked off about 25 minutes ago. what do you expect to ge