in general, to the lenders, what type of vanity do you traditionally see approach you for loans, an llc, corp., and who is liable, for whose borrowing the money? >> as a micro lender, we expect the principles, the corporate form, to provide guarantees. >> personal guarantees. >> the same. 20% ownership in the company. [inaudible] >> [inaudible] >> i heard something about sba guaranteed loans. maybe i missed something. does that have to do with the sba guaranteeing the entity? >> the question on the sba guaranteeing a entity as the order of the business, whether it is a corporation or partnership, for any small business lending, you should expect to be guaranteeing that long personally. as a small-business owner, from a lender's point of view, we want to see that you are as invested in the business as you are asking the bank to be. the idea that non recourse loans, the way you describe it, loans that you get without having yourself personally liable is not the way it works. you should assume you will guarantee the loan regardless of the structure of your business. the good news, though,

keep him or restrict his access. >> to settle shakespeare's concerns, moore has with her minutes of an llc meeting, adding his name as a signer. she gives them to the bank, and he deposits his check. but when shakespeare steps out, dee dee moore has a special request. >> she said, "you know, i won't be able to help him if he takes all the money out, so can you tell me before he takes any money or not let him get to the money?" which, of course, i said, you know, "dee dee, he's a signer on the account now. he has full access, same as you." >> narrator: hancock tells her if she wants to restrict shakespeare's access to the account, she just needs to provide the right paperwork. a few days later, she brings in another set of meeting minutes. the minutes state that as the company's manager, she alone has decided to remove him from the account. the bank gives her sole signing authority. >> once she presented us with this, she had complete control. he had no access, and he had no way of even knowing what she did with the money from that moment on. >> narrator: she continues her ruse to make it l

this is for the property on montgomery street on the partners llc to an alteration repair around doors and windowsills. this is for the property at 6568 joebz street protesting the issuance on september 12th to la violinists llc. to the bedroom replacement and install new forced air at a level down with a minimum of the height between ground floor and first floor with matched window height. and the next is on 20th street protesting the issuance on september 18, 2013, to remodel a unit and add new closets and relocate kitchen fixtures and rerouting of mrmg and add new gas heart and finally, the next one 1 is 20th street protesting the issuance on september 20th. remodel unit 765 a add new closets and relocate kitchen imminence and rerouting lighting fixtures as needed. those were filed by the same party we can start with the appellant. david gladstone are you in the room for the appellant? commissioners then i will ask if the permit holder is represented here together. please step forward >> good evening, commissioners john with the rubin rose on behalf of the permit holder. the four pe

as an llc, chrysler has few shareholders and can pass on responsibilities pore paying taxes to its ownerhas is its taxes and shoulders a great er tax burden. in an interview monday morning, it was said the fiat ceo has long opposed an ipo to begin with. he repeatedly said he would prefer to merge fiat and chrysler. chrysler was forced to file paperwork in september after failing to reach a buyout deal with the uaw trust. prepping for an ipo could allow the two sides to agree on a buyout price. looking atrophiat shares, they're down by just 0.25%. the value of chrysler, between $10 billion and $1 1 billion base odd what underwriters are saying. but as far as when the market can stomach that ipo, it looks like it will not be until next year. >>> it's a big week as we know with thanksgiving, kayla. one of the pilgrim father's books have going for sale. this week. but what would you pay to pray? the first book ever published in the u.s. is expected to fetch a record amount on the auction block at sotheby's today. the 300 page based on book, only 11 copies are known to exist. only five in com

that are set up as a partnership or an llc? why are we allowing corporations to deduct the interest they pay on death but not the dividends they pay on stocks? ont is a much heavier tax investments that are financed by issuing stock instead of that issue bonds. i want to tax stop by to not want to tax the bond pared whatever goal you have in mind for the corporate income tax, the rich pay their fair share or something, it is not a cobbler said to have this arbitrary distinction between stocks and bonds. -- it does not accomplish that do have this arbitrary decision between stocks and bonds. measure which country the income is actually earned in, and we have seen the complexity of trying to tax all different transactions that corporations engage in -- mergers and spinoffs and such not. ofhink there is some kind historical path that has led us to this point, but it is inconceivable that if you are starting a value system from scratch, it would not look remotely like this. body fore is massachusetts, democrats line. you are on. go

. >> there's an old saying that goes some people are singers and some people are listeners. ♪ [ captions by: caption colorado, llc00-775-7838 email: comments@captioncolorado.com ] >>> good morning.

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an hour. news updates on kpix.com. good night. [ captions by: caption colorado, llc 800-775-7838 email: comments@captioncolorado.com ] ,,,,,, ,,,,,,,,,, >> axelrod: tonight, creeping closer to a deal. secretary of state kerry flies to geneva, fueling hopes that iran might agree to stop refining uranium, at least for now. margaret brennan is with the secretary. thanksgiving travelers may have some nasty weather to worry about this week. we'll tell you who's in the crosshairs of storm systems moving across the country. th bang-up feature on new cars designed to avoid bang-ups. carter evans will show us the statesstate-of-the-art in collin avoidance. you can't keep them down. less than a week after a tornado flattened illinois, it's undefeated football team took the field still focuse focused a state championship opinion

by and large, llc, which submitted the documents, believe the floating studio will be more than an exhibit. it inspires conversation, community, and aha moments. and the lease on this project is about one year now to november 2014. it will be moved and docked at different places by the month. reporting live from treasure island, kristen ayers, kpix5. >> accused of lighting a man on fire on a bus monday. richard thomas is being tried as an adult. oakland police say thomas told investigator tores he lit 18- year-old, sasha on fire because he was wearing a skirt. they say thomas also stated he was home phobic. richard's family said he plans to send a letter of apology to sasha. >> it's not okay to set someone on fire. period. while human beings, nobody should have to suffer that kind of trauma. >> sasha is hospitalized with burns to his legs. richard thomas did not enter a plea. he's due in court next week. >>> put the phone down. san francisco wants murks wants muni riders to follow those rules. andrea. >> reporter: as part of a two pronged approach. one is a million dollar federal grant put

by and large, llc, which submitted the documents, believes the floating studio will be more than an exhibit. their hope? that it inspires conversation, community and aha moments. christin ayers, kpix 5. >> the barge is expected to dock at various spots all around the bay and be moved on a monthly basis. >>> we have all seen the phenomenon of people busy using their smartphones oblivious to what's going on around them. kpix 5's andria borba says there's a new message for those people, a forward message. >>> reporter: the real tech bubble not the economic one but that connected to the fingertip relationship between you and your phone, san francisco mayor ed lee wants to burst it. he is calling the concept eyes up, phone down, in response to rising smartphone thefts and the murder of san francisco state student justin valdez in september. that's when a train full of muni riders with noses buried in their screens failed to notice a man pacing with a gun until it was too late. >> because when you got your eyes up and your phones down, you're going to be aware of your surroundings. you're going t

by and large, llc, which submitted the documents, believes the floating studio will be more than an exhibiteir hope? that it inspires conversation, community and aha moments. christin ayers, kpix 5. >> the barge is expected to dock at various spots all around the bay and be moved on a monthly basis. he google barge is trending now. also trending on twitter, twitter. their stock soared 73% in its ipo yesterday. "star wars" 7 the next installment by disney the legendary sci-fi franchise will be released in december 2015. rob lowe is portraying jfk in a new film based on the book killing kennedy. and rob ford a new video shows the drunk toronto mayor threatening to kill somebody. this of course follows a video of him smoking crack which he admitted. he had a tough week. follow us at twitter at #cbssf. >>> let's check our traffic now. >> and the traffic alert remains in effect in san jose. and our photographer has been there ever since the accident broke right before 5:00. it is the fatal accident it is involving a pedestrian. very similar to what we saw yesterday in oakland on the freeway on 5

an interview would speak to us either. >> there's a corporate shell game that goes on, that conceals who really is running the nursing home. they'll set up a company or llc that owns the property, they'll set up another that holds the license, they'll set up another that manages the company, and the goal is to fragment the corporate structure in such a way that the lawyer can't figure out who is really responsible for the wrong-doing. >> while corporations like altacare may continue to operate in some nursing homes, a growing trend is billion-dollar private equity firms operating hundreds of facilities across the country. >> it means that threads of responsibility are even harder to unravel for lawyers like connor. one such private equity firm operates hundreds of facilities nationwide under the name golden living. >> this is one of the largest nursing home companies in the us, it's interesting actually last year the fbi actually investigated golden living and came out with a report earlier this year that said they were fraudulently charging the us government for not only poor care but care that was actually harmful to their own patients. the company pai

. >> there's an old saying that goes some people are singers and some people are listeners. ♪ [ captions by: caption colorado, llc38 email: comments@captioncolorado.com ] >>> good morning. it is friday, november 15th, 2013. welcome to "cbs this morning" president obama concedes he fumbled the rollout of the health care law and they're skeptical of his solution. >>> are they letting their guard down with iran. we'll ask ambassador samantha power. >> mitt romney and his wife anne return to studio 57. >>> but we begin today's "eye opener," your world in 90 skojds. >> i'm not a perfect man and i will not be a perfect president. we fumbled the rollout on this health care law. you know, that's on me. >> the president offers an obama care fix. >> saying that millions of americans can keep their canceled coverage but only for a year. >> but th