two years the securities and exchange commission case against the billionaire hedge fund founder steven cohennow to move forward once again. cohen will face the regulators' allegations that he failed to supervise two former fund managers over insider trading. a legal stay had stalled those proceedings. a judge has now lifted that stay and scheduled a prehearing conference for later this month. >>> standard & poor's cut the credit ratings of eight major global banks. the downgrade decision comes after the federal reserve adopted a new rule that would limit future emergency lending to failing companies. the downgrade affects the holding companies of bank of america, bank of new york mellon, citigroup, jpmorgan chase, morgan stanley, state street, goldman sachs, and wells fargo. >>> "fortune" magazine has just published its investor guide for 2016. it includes a list of stocks that it says offer a measure of stability in the midst of chaos. susy gharib is here to discuss it. senior special correspondent at "fortune" and "nightly business report" contributor. always good to see you. how did "fort

steven pika. gilbert canado. welcome. >> good afternoon supervisor cohen and avalos, thanks for hearing me my name is trevon martin and i have worked in the industry hemp and cannabis industry since 2003 and currently work in the medical marijuana industries a sales rep and run a gallery located in lower haight, part of the upper playground company and helped to produce the celebration of city hall installed in the north light court with over 100 pieces of original art in city hall. i'm here to support the candidacy of michael caruso and i have been incredible impressed by him -- i think we can all agree there is an incredible wide spectrum of professionalism within the industry and i have found mike to be at the very top of the list. i believe mike was incredibly strong passion for the community at-large and high-level of integrity combined with natural leadership abilities makes him a prime candidate for seat on the sf marijuana task force. thank you. >> thank you very much. >> hello, i'm sylvia johnson. [speaker not understood] health issues always count on our actions -- [ inaudible ] it is not a very good act

((michael stevens)) u-m-c houses the area's only the hospital's public information officer says that means when tragedy strikes, they are ready. (( danita cohen/ umc pio: we were prepared for this to happen. we are the trauma center so we are prepared for all of this to happen. a typical activation is about 12 people surround a patient at one time, if we need surgeons, we have three operating rooms in the back and patients can go right into surgery. so far none have been taken back to surgery )) ((michael stevens)) 8 news now has learned a majority of the victims taken to u-m-c were canadian tourists. the hosptial's staff say they had to get translators so the victims could communicate with their doctors. kirsten? ((kirsten joyce)) michael.. do we know the total number of people hurt in the crash? ((michael stevens)) kirsten.. the numbers have been going back and forth. at one point last night, police said nearly 40 people were hit. sheriff lombardo updates the media... later this morning./// ((kirsten joyce)) > governor brian sandoval and mayor carolyn goodman made statements last night.. regarding the incident. our governor said... quote..

steven pika. gilbert canado. welcome. >> good afternoon supervisor cohen and avalos, thanks for hearing me my name is trevon martin and i have worked in the industry hemp and cannabis industry since 2003 and currently work in the medical marijuana industries a sales rep and run a gallery located in lower haight, part of the upper playground company and helped to produce the celebration of city hall installed in the north light court with over 100 pieces of original art in city hall. i'm here to support the candidacy of michael caruso and i have been incredible impressed by him -- i think we can all agree there is an incredible wide spectrum of professionalism within the industry and i have found mike to be at the very top of the list. i believe mike was incredibly strong passion for the community at-large and high-level of integrity combined with natural leadership abilities makes him a prime candidate for seat on the sf marijuana task force. thank you. >> thank you very much. >> hello, i'm sylvia johnson. [speaker not understood] health issues always count on our actions -- [ inaudible ] it is not a very good act

steven pika. gilbert canado. welcome. >> good afternoon supervisor cohen and avalos, thanks for hearing me my name is trevon martinand i have worked in the industry hemp and cannabis industry since 2003 and currently work in the medical marijuana industries a sales rep and run a gallery located in lower haight, part of the upper playground company and helped to produce the celebration of city hall installed in the north light court with over 100 pieces of original art in city hall. i'm here to support the candidacy of michael caruso and i have been incredible impressed by him -- i think we can all agree there is an incredible wide spectrum of professionalism within the industry and i have found mike to be at the very top of the list. i believe mike was incredibly strong passion for the community at-large and high-level of integrity combined with natural leadership abilities makes him a prime candidate for seat on the sf marijuana task force. thank you. >> thank you very much. >> hello, i'm sylvia johnson. [speaker not understood] health issues always count on our actions -- [ inaudible ] it is not a very good act,