bancorp stabilize hillside now the abatement was issued november 6th of 2012 we're not showing a permit that deals with the violation and staff recommends to uphold the order of abatement and that that concludes my report. >> thank you. is there representative for the owner? come on up please. >> yes. i'm eric woods i'm the owner of record for 1235 sanderson street i apologize for putting everyone through so much trouble i had we have just currently started a soils report that covers 7 of the properties between sanderson, union and alta so union street it's the entire vacant i'll call it a hill some people call it a cliff problem with it taking time has been that there are 6 property owners involved in the forest now and possibly wrongly but i felt inspector matthewer at the building inspection felt that to take on soils report piecemeal was one it is inefficient not getting the information you need but frankly in my opinion it leads to quarrels between the property owners how shall i put it with who's loss rock belongs to who we're going forward on this basis i've done what i could to

bancorp mixed use building with one hundred and 89 units 28 parking spaces and one hundred and 10 bike parking spaces in a blow grade parking garage the notice of feasibility for the exemption were issued on october 22, 2014, planning department determined that an eir must be prepared for the proposed project identified potential significant environmental effects related to the structural impacts that were not previously identified other as documented in the community exception that was attached to the notice of preparation the draft eir found a relative in the significant affordable impacts an individual historic resources the draft eir tubed 3 the no project easiest and the no preservation and the market preservation easiest aetsz the oak preservation alternate the no and the full preservation alternative would avoid the project historic resources impact the two reduced impacts on historic resources compared is to the proposed project but not to a lens significant level the draft eir was blushed in 2015 and the public review closed on march 16 on - the hpc helped held a public hearin

bancorp barely moving on that news. david mentioned it carl icahn withdrawing his slate of nominees for the board there. you can see its stock up modestly there. the dow up 44 points. the nasdaq up 15. let's send it back to david. >> thanks very much mary. >>> want to get back to warren buffett and some comments he made to becky quick involving something i had reported on previously of course. it's an issue that i think is an interesting one. perhaps it's not gotten as much focus because i wonder it will become something we see more of. that is namely a compensation structure for a nominee director that is different fromfrom the board of directors at the rest of the company. but perhaps will be a way to actually nominate -- and this is an argument that certainly will be made by those doing the nominating -- directors who otherwise would not entertain taking a place on a public company board given all of the strictures associates ss associate with said board seat and somebody of a talent level where they would focus a lo

zion's bancorp was only bank to fail. it has passed the stage.happened coming out of what happened moments ago, goldman sachs is at the bottom of the heap in terms of its capital, in terms of its tier one common equity. worse than zion's and bank of america. morgan stanley didn't look so great with its capital levels but those two banks passed. this matters because next week we have the federal reserve signing off on their shareholder capital return plans, meaning their stock buybacks and their dividend plans. we're getting word from sandler o'neill they expect citigroup to raise their shareholder return, six fold. increase in the stock buy-backs and their dividends as well. so that is good for michael core bath, ceo of citigroup. he was talked about possibly out the door if citigroup failed that stage of the teslas week because citigroup has failed two of the last three federal reserve stress tests. vikram pandit faced a coup. citigroup failed the stress test in 2012. david: what about goldman sachs, liz? >> it is interesting here. goldman sachs

. >> the ecb bancorp banks from buying more short-term government debt, limiting the government sourcesnding as the country runs out of time and money. >> the billionaire hutchinson snaps up 02 for a 15 point $3 billion price tag. the deal paves the way to create the uk's biggest wireless provider. >> u.k. house builders report earnings. we bring you the numbers ahead of the general election. ♪ >> welcome. im caroline hyde. >> let's bring you some of those numbers. >> pretax profit is 158.9 million pounds. that's for the first half. the gross margin is when 3.5%. operating margin of -- 23.5%. challenges for the housing market are very obvious. we are going to get mortgage lending a little later. over one point one billion pounds. operating margins cracking along in the first half. a dividend of 25 pence. what have you got? caroline: this is the infrastructure player. it's about power. this is a company that had a torrid time of it. they have lost the chief executive, both stepping down last year. they struggled with mismanaged projects, lack of demand, and rejected takeover targets. we

bancorp -- larger banks in the country, discover boosts its dividends, discover runs a bank.redit card company. >>regions is losing its dividend and looking at a buyback. this is what we do expect from these banks could they got the all clear from the fed that the publication of these so-called results we begin to find that immediately with a plan to do their capital. >> a buyback program up to 2.8 billion. i want to turn eric. a lot of difficult with the stress tests last week. this week, they had resubmit their capital plans. what kind of position does it leave the bank in? >> this is not bad news. >> ok. >> this is where some counterintuitive conversation is due. it appears on the surface, and i would love to hear tim's thoughts on this. it appears on the surface having to resubmit a capital plan is a bad thing. you couldn't figure out your own balance sheet. he did not know how much capital you're going to have after the fed went with stress tests exercise. i look at it completely differently. i suspect that the people at goldman sachs and jp and morgan stanley do as well