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Jun 5, 2015
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so commissioner chung? >> again the three items for the consent cal eenders for us to vote on is the contract report the new contract with bp strategies and the annual sole source list we approve. it doesn't mean we actually have contracts with every one of the organizations listed it's just the list of like sole source that we actually approve the list of sole source organizations so when there are like contracts to go out it makes it smoother and you know like more efficient process. >> okay so commissioners we have three items on the consent calendar does anyone wish to extract the items if not prepare for the vote. all those in favor, say, "aye." >> (multiple voices): aye. >> all those opposed? the consent calendar is adopted. next item please? >> next is sfdph fiscal year 2015-16 and fiscal year 2016-17 patient rates >> good afternoon commissioners this is sfdph for fiscal year 2015-16 and 16-17 for public clinics our pair is medicaid and medi-cal that are different from the patient rates in addition m
so commissioner chung? >> again the three items for the consent cal eenders for us to vote on is the contract report the new contract with bp strategies and the annual sole source list we approve. it doesn't mean we actually have contracts with every one of the organizations listed it's just the list of like sole source that we actually approve the list of sole source organizations so when there are like contracts to go out it makes it smoother and you know like more efficient process....
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Jun 4, 2015
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i'm anna chung, i'm president at st. mary's medical center.n kind of to give some background and context to. i request a notification of closure of beds. start off with, i want to give a little bit of information about st. mary's. st. mary's is probably one of the longest working acute care hospitals. we started in 1857 by eight sisters, sisters of mercy came from ireland. really for support of community. almost from the day they arrived they started attending to the needs of the poor. healthcare needs as well as children's needs. the slide that is in front of you, i just wanted to show some of the history. the work of the sisters attending to those people needed in makeshift tents after the 1906 earthquake and also the original location of the st. mary's on stockton street. today st. mary's is a community hospital with about 1100 employees about 300 physicians about 220 volunteers. we have 371 licensed beds. we to not need to use all 371 licensed beds. we're a community hospital. we provide services such as emergency services orthopedic, acut
i'm anna chung, i'm president at st. mary's medical center.n kind of to give some background and context to. i request a notification of closure of beds. start off with, i want to give a little bit of information about st. mary's. st. mary's is probably one of the longest working acute care hospitals. we started in 1857 by eight sisters, sisters of mercy came from ireland. really for support of community. almost from the day they arrived they started attending to the needs of the poor....
chung for involvement in th
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Jun 18, 2015
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. >> commissioner chung has the floor next.eñ?ñ? >> first off, i want to say2wñ?ñ?t we really appreciate them as a partner in providing the passionate care to ourzdñ?ñ community and residents in san francisco. we don't want to sit here andççñ?ñ? say that you have to keep these beds open so you0vñ?ñ? lose money. it's also goes back to the principlesmwñ?ñ? what providing like compassionate healthcare is to our community. i appreciate that you have a system in place to follow them. my guess is to really8pñ?ñ? make sure that we to the risk of hospitalization.ñ?ñ? that comes to the hint of data rñ?ñ -- point of data. to we have data aroundoqñ?ñ? someone who actually stay in acute&xñ?ñ? -- in hospital sniff versus someone who stays in a community sniff andanñ?ñ the rate of rehospital station. i think that'sgzñ?ñ? something that i'm more interested in.zññ?ñ?ñro% Ñlj!pm8 v#'e&@3t%s07:dvíe?rf-á it's about improving outcomes of any of these patients. also, when we talk about placing them in communities, this actually happened to close friends of mine. she was placed in a comm
. >> commissioner chung has the floor next.eñ?ñ? >> first off, i want to say2wñ?ñ?t we really appreciate them as a partner in providing the passionate care to ourzdñ?ñ community and residents in san francisco. we don't want to sit here andççñ?ñ? say that you have to keep these beds open so you0vñ?ñ? lose money. it's also goes back to the principlesmwñ?ñ? what providing like compassionate healthcare is to our community. i appreciate that you have a system in place to...
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Jun 18, 2015
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commissioner chung. the second item on the agenda is the approval of minutes on april 21, 2015. there's a revised portion under the item eight with commissioner pating's additional comments. >> commissioner as the minutes are before you for approval commissioner pating already put in his comments. the motion to accept the minutes are in order. commissioner pating you want to make that -- >> make a motion to approve. >> that will be with his comments. is there a second? >> second. >> are there further additions or corrections to the minutes? we're ready for approval. those in favor say aye. >> aye. >> the minutes have been adopted. our next item please. >> item three is director's report. >> i'm looking for my questions under the director report. i will not be discussing any items. >> the director's report is before you. i guess i'll ask only on the humming bird place and exactly how does it function. people go themselves or they are referred by agencies or officers or what? >> we're looking for referrals that can be the homeless outreach team from psych inpatient. it's a true dr
commissioner chung. the second item on the agenda is the approval of minutes on april 21, 2015. there's a revised portion under the item eight with commissioner pating's additional comments. >> commissioner as the minutes are before you for approval commissioner pating already put in his comments. the motion to accept the minutes are in order. commissioner pating you want to make that -- >> make a motion to approve. >> that will be with his comments. is there a second?...
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Jun 4, 2015
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. >> i'm sympathy to what commissioner chung and karshmer raised. >> thank you.sioner chung. >> i think that's a good suggestion to keep out short term and long term skilled nursing facility beds. if we say something like what we really considering is whether this is detrimental impact on the continuity of post acute care. that would make better sense. >> thank you. >> part of that deals with the language of the prop q to which we need to find whether it is or is not detrimental. we can modify it as we wish. we to need to come out with one or another with this. commissioner pating may have a solution to8%ñ? that being able to discuss this on a short term basis versus long term base. also from the discussion that we want to encourage that we are really wanting to look at total post acute care and téxñ?ñ?he entire continuum of care. we would encourage to be further explicit, encourage working together at a hospital for the citywide needs. not of sniff beds but of the whole issue of post acute care. >> we appreciate the comments by the commissioner. i think all of y
. >> i'm sympathy to what commissioner chung and karshmer raised. >> thank you.sioner chung. >> i think that's a good suggestion to keep out short term and long term skilled nursing facility beds. if we say something like what we really considering is whether this is detrimental impact on the continuity of post acute care. that would make better sense. >> thank you. >> part of that deals with the language of the prop q to which we need to find whether it is or is...
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Jun 11, 2015
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chung for involvement in the program. i have four questions and i'll ask them one at a time. the census of your sniff unit has a capacity of 32 can you explain the low utilization? >> if you look at the census, the census actually and the patients have dropped primarily in the last couple of years. it probably is a multifactorial kind of reason. a part of that is the changes in some of the practice of our physician. started about two years ago our program they have expanded the number of hospice. our hospice started to follow patients in facility. that's one of the reasons where attending physicians and patients were receptive. they go to a skilled nursing facility where they can be followed by the same group of physicians. another thing is that one of our long standing physicians at st. mary's actually have become very active in one of the local sniffs and medical directors, they provide great rehabilitation services. our orthopedic has been very satisfied in the patient -- and the patients came back with great comments. we have another physician. started following some of t
chung for involvement in the program. i have four questions and i'll ask them one at a time. the census of your sniff unit has a capacity of 32 can you explain the low utilization? >> if you look at the census, the census actually and the patients have dropped primarily in the last couple of years. it probably is a multifactorial kind of reason. a part of that is the changes in some of the practice of our physician. started about two years ago our program they have expanded the number of...
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Jun 18, 2015
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commissioner chung. >> question for me is where do our housing program -- [inaudible].ssume it's within public health. >> it is within public health. on this chart expenditures by division it does fall within the dm)public h >> because we have soealth many. housing components including subsidized housing and supportive health -- >> stabilization. >> that one wouldn't change as much. currently worried about with the rent fluctuations and subsidized housing programs. how would that look three years out? i don't have an answer but i think there are some things we need to look at. >> it's a good question. barbara might want to weigh inbkj on that. >> you're talking citywide? the department policies -- portfolios are pretty strong. we have a pretty long lease requirements that are required by the city so they're using five with another five year extension. i think we're pretty safe for the next year that we're here. it's a good question for us to look at those lease and those master leases and see when we may have an increase in in those costs. right now we're pretty steady.
commissioner chung. >> question for me is where do our housing program -- [inaudible].ssume it's within public health. >> it is within public health. on this chart expenditures by division it does fall within the dm)public h >> because we have soealth many. housing components including subsidized housing and supportive health -- >> stabilization. >> that one wouldn't change as much. currently worried about with the rent fluctuations and subsidized housing programs....
SFGTV: San Francisco Government Television
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Jun 15, 2015
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. >> commissioner chung? >> speaking of public comment that is a public comment made in the last meeting but the meeting before about the discontinuation of the bus line 33 it's been discontinued so i was wondering if there were conversations we had with mca >> our policy director lead that effort paul ine will discuss that >> we have a group internally with mta to talk about changes to the bus line. mta says line 33 will be discontinued so the transition can can happen smoothie also we don't have direct information but [inaudible] on my staff and well as megan we're who the director mentioned works on the tran portation has been assessing our data on the patient and staff utilization and what the pact in that change in line will be and she can have a conversation with the mta if necessary. >> thank you. >> any other further comments under this section? if not we can proceed to next section >> next is joint conference committee reports and commissioner had to leave earlier so we will not hear about the public
. >> commissioner chung? >> speaking of public comment that is a public comment made in the last meeting but the meeting before about the discontinuation of the bus line 33 it's been discontinued so i was wondering if there were conversations we had with mca >> our policy director lead that effort paul ine will discuss that >> we have a group internally with mta to talk about changes to the bus line. mta says line 33 will be discontinued so the transition can can happen...
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Jun 12, 2015
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. >> pating >> present >> singer >> chow >> present >> chung >> present sanchez >> paren present. >> karshmer >> present. >> the meeting is june 2, 2015 we have one public comment. >> public comment please? >> good afternoon commissioner the minutes he lied too much of what transpyred of may 19th. item seven. page seven omits this commission has had authority since 1988 to hold prop qharic. it began in 200719 years after prop two passed. as reported in this extract in my new article there is no motion of april 29th. memo documenting the loss of 200 hospital beds between 2002 and 2020 with old two prop two harings with a total of 150 beds how did you lose the other 136 sniff beds without public front q hearing santa monica the minutes under report d hp failed to provide needs analysis that you requested eight years ago there is no mention of what turned out to be the secret city attorney advice to you gutting prop two by aborting issuing a single finding prop two requires you to issue. the minutes say nothing about the second and third resolve clauses rs and failed to report you have
. >> pating >> present >> singer >> chow >> present >> chung >> present sanchez >> paren present. >> karshmer >> present. >> the meeting is june 2, 2015 we have one public comment. >> public comment please? >> good afternoon commissioner the minutes he lied too much of what transpyred of may 19th. item seven. page seven omits this commission has had authority since 1988 to hold prop qharic. it began in 200719 years...
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Jun 9, 2015
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going to call up la shawn walker who is the chair woman of the implementation committee followed by chung representative of the -- he will be speaking in public comment dr. veronica is the chair of the add advisory committee. a representative of the san francisco organizing project. mrs. martinez i'm not sure if she's here. but sfop will also be speaking during public comment tamale den drew pr the investment infrastructure will be making a presentation lan don william and zachary mic clay will also have a brief presentation for us and there a staff and housing corporation not a present they will offer comments during public comments these representative organizations serve on the implementation committee they have a responsibility responsibility to the committee to oversee the responsibility disem nation of these funds or the staff members of the various projects related to this committee also on the committee is the reliance for the community empowerment known as ace and the neighborhood council. separate are the chair of both happen committees and the workforce sub committee john known
going to call up la shawn walker who is the chair woman of the implementation committee followed by chung representative of the -- he will be speaking in public comment dr. veronica is the chair of the add advisory committee. a representative of the san francisco organizing project. mrs. martinez i'm not sure if she's here. but sfop will also be speaking during public comment tamale den drew pr the investment infrastructure will be making a presentation lan don william and zachary mic clay will...
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Jun 4, 2015
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commissioner chung. the second item on the agenda is the approval of minutes on april 21, 2015.re's a revised portion under the item eight with commissioner pating's additional comments. >> commissioner as the minutes are before you for approval commissioner pating already put in his comments. the motion to accept the minutes are in order. commissioner pating you want to make that -- >> make a motion to approve. >> that will be with his comments. is there a second? >> second. >> are there further additions or corrections to the minutes? we're ready for approval. those in favor say aye. >> aye.
commissioner chung. the second item on the agenda is the approval of minutes on april 21, 2015.re's a revised portion under the item eight with commissioner pating's additional comments. >> commissioner as the minutes are before you for approval commissioner pating already put in his comments. the motion to accept the minutes are in order. commissioner pating you want to make that -- >> make a motion to approve. >> that will be with his comments. is there a second? >>...
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Jun 7, 2015
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>> commissioner chung? >> thank you for the report. i have questions about the temporary id badge do you need an actual government issued id to get the badge? >> yes. the temporary badges are stored in the sheriff's operation center. again any employee or physician or student without picture id pr their institution will be brought down to the operations center by their supervisors at that point they have vouched for that individual will issue them a temporary badge they will give us the government id that is collateral to ensure we will get the badge back. >> do you anticipate any challenges you know like when somebody cannot produce a government issued id might be visiting a friend in the in-patient units >> in our procedures we actually did consider that as well. so in the event that is the case if we get approval from general hospital administrator on duty if they vouch for them at that point based on their recommendation will issue the temporary badge in the process there say form they fill out so we can account for that temporary
>> commissioner chung? >> thank you for the report. i have questions about the temporary id badge do you need an actual government issued id to get the badge? >> yes. the temporary badges are stored in the sheriff's operation center. again any employee or physician or student without picture id pr their institution will be brought down to the operations center by their supervisors at that point they have vouched for that individual will issue them a temporary badge they will...
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Jun 12, 2015
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. >> commissioner chung? >> speaking of public comment that is a public comment made in the last meeting but the meeting before about the discontinuati
. >> commissioner chung? >> speaking of public comment that is a public comment made in the last meeting but the meeting before about the discontinuati
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we're joined by jason chung on the board of directors. good morning.ive us an idea of what folks can expect as they head out. >> good morning. we have a great day. we have a great set of events. go to celebrate fairfax.com to get your discounted tickets for today and tomorrow. we've got 3 doors down coming in later tonight. you've got the festival the rides right behind me. you've got a lot of great vendors. we're celebrating fairfax. official county fair for fairfax but we truly represent the whole region and the state. so welcome you guys to come out and enjoy and have a great day with your families. >> love you're bringing a little kryptonite to fairfax. 3 doors down, that's going to be a party. let's talk about the parking situation. i know that's something that's important to parents that are bringing more than one child and more importantly kids in strollers. >> sure. sure. so way parking is up we have these great fairfax connector buses out of fair oaks mall. if you go to the mall, there's plenty of free parking. there's bus stops along the oute
we're joined by jason chung on the board of directors. good morning.ive us an idea of what folks can expect as they head out. >> good morning. we have a great day. we have a great set of events. go to celebrate fairfax.com to get your discounted tickets for today and tomorrow. we've got 3 doors down coming in later tonight. you've got the festival the rides right behind me. you've got a lot of great vendors. we're celebrating fairfax. official county fair for fairfax but we truly...
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Jun 30, 2015
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you may recall that we were and are anticipating a chung of cap and trade revenues to support the expansion purchase of our light rail vehicles, the of course to expand the fleet by 40 vehicles which you approved and the board of supervisors approved cost about 200 million dollars and we're hoping that the state cap and trade grant program will provide a significant source for that. the good news is that the anticipated revenues from the cap and trade sales the projections for those revenues ko*n to grow, so we believe that there will be more funds available than we had anticipated the last time we reported on this to you including for the transit intercity rail capital program which is where the legislature has designated a lot of those funds to go. in april we submitted an application for a 41 million dollars for the first round of that grant program, but in light of the news that the overall pot of cap and trade revenue iss anticipated to be greater than we had anticipated, we are working with mayor lee and our state legislative delegation to work with the california state transportation
you may recall that we were and are anticipating a chung of cap and trade revenues to support the expansion purchase of our light rail vehicles, the of course to expand the fleet by 40 vehicles which you approved and the board of supervisors approved cost about 200 million dollars and we're hoping that the state cap and trade grant program will provide a significant source for that. the good news is that the anticipated revenues from the cap and trade sales the projections for those revenues...
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Jun 26, 2015
06/15
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it's a little chung and -- tongue-in-cheek, but it's about profitability. growth and book value share which is very important when you're talking about banks. -- who isnner is going to say it? mark: it was john stumpf. this is one of those things where you look at what he has done for the bank. you look at his reputation in the wall street community. you look at all these other metrics that we used and it seemed like he was the clear winner. if some of the had told me, who do you think it was between mr. stump and mr. blankfein? most people would've said mr. blankfein. the tim out in the bloomberg brackets. betty: barely when you crunch the numbers. you have a lot coming up in the next hour. mark: it's interesting. it has been a busy newsday. you and pimm fox have talked about the spring court ruling and the terror attacks that took place overseas. again, there is grease. is approaching. the greek prime minister using some very strong and emotional language, saying we won't be blackmailed. people are saying, how does that help your cause when you are saying
it's a little chung and -- tongue-in-cheek, but it's about profitability. growth and book value share which is very important when you're talking about banks. -- who isnner is going to say it? mark: it was john stumpf. this is one of those things where you look at what he has done for the bank. you look at his reputation in the wall street community. you look at all these other metrics that we used and it seemed like he was the clear winner. if some of the had told me, who do you think it was...
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Jun 6, 2015
06/15
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while she was missing, he did this interview with connie chung. >> we became very close.er in washington, d.c. >> very close meaning? >> we had a close relationship. i liked her very much. >> was it a sexual relationship? >> connie, i have been married for 34 years. i've not been a perfect man and i have made my share of mistakes. but out of respect for my family and out of a specific request from the levy family, i think it's best that i not get into those details about chandra levy. >> reporter: he was thoroughly investigated. many believe detectives spent too much time trying to link him to a disappearance to the detriment of the case. scott higham co-authored a book about the case. >> they were so focused on that theory of the case they missed the suspect who was hiding in plain sight. >> reporter: meanwhile months went by. the search continued. efforts to find any clues had failed. it wasn't clear if she would ever be found. but chandra's body was in the 2800-acre park. her remains were found right around here, not by police, but by a man walking his dog while lookin
while she was missing, he did this interview with connie chung. >> we became very close.er in washington, d.c. >> very close meaning? >> we had a close relationship. i liked her very much. >> was it a sexual relationship? >> connie, i have been married for 34 years. i've not been a perfect man and i have made my share of mistakes. but out of respect for my family and out of a specific request from the levy family, i think it's best that i not get into those details...
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Jun 6, 2015
06/15
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while she was missing he did this interview with connie chung. >> we became close.ashington, d.c. >> very close meaning? >> we had a close relationship. i liked her very much. >> may i ask, was it a sexual relationship. >> well connie i've been married for 34 years and i've not been a perfect man and i've made my share of mistakes but out of respect for my family and out of a specific request from the leafy family levi family i think it bet i not get into these details about chandra. >> condit was thoroughly investigated and many believe they spent too much time trying to link him to the detriment of the case. >> cops and the prosecutors were so focused on that theory of the case they missed the suspect hiding in plain sight. >> evidence to find any clues in rock creek park failed it. wasn't clear if she would be found. >> but her body was in this 2800 acre park. her remains were found right about here. not by police. but for a man looking for turtles, the discovery one year after she disappeared. police had never searched this remote area of the park. >> even befor
while she was missing he did this interview with connie chung. >> we became close.ashington, d.c. >> very close meaning? >> we had a close relationship. i liked her very much. >> may i ask, was it a sexual relationship. >> well connie i've been married for 34 years and i've not been a perfect man and i've made my share of mistakes but out of respect for my family and out of a specific request from the leafy family levi family i think it bet i not get into these...
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Jun 30, 2015
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. >> the biggest chung has gone to minnesota republican john klein chairman of the house committee on education in the workforce. he has received more than $400,000 through the course of his career from the industry. >> it's a lot for one industry to give a member of congress, especially an industry as small as the for-profit education industry is. >> we asked representative cline how he felt about being the biggest recipient of this money is specially in light of the fallures in that industry. >> i don't evaluate how much money did i get from this sector or that sector. that's not how it works. >> is giving money back an option? >> education secretary arnie duncan said lobbying money is in the way of solving the problem. announcing a democratic decision to discharge some student loans in the corinthian bankruptcy, duncan said congress needs to be a partner on reform. >> this has to be a wake-up call to congress and i'd be hard pressed to believe that folks on the other side of the aisle wants to stand behind guys where there is no much defection of students and waste of taxpayer doll
. >> the biggest chung has gone to minnesota republican john klein chairman of the house committee on education in the workforce. he has received more than $400,000 through the course of his career from the industry. >> it's a lot for one industry to give a member of congress, especially an industry as small as the for-profit education industry is. >> we asked representative cline how he felt about being the biggest recipient of this money is specially in light of the fallures...
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Jun 8, 2015
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and tommy chung, who's the pay tree ar patriarch of pot. >> including smoke swipe which he says can helpld kind of caught up with me. ♪ cover up just makes the sweet a little bitter ♪ >> do you sense that the sigma of mann is changing? >> once people see that it's not the crazy gateway drug that's going to lead me down the path then it will go away. >> etheridge's wine is currently only available to medical marijuana patients in california where pot is legal for medicinal purpose bus she has a business growth. >> like any good california wine i'd like for it to be available in restaurants. i'd like to see it be available to the general public wherever you buy your fine wines. >> one investment group estimates it could grow to $11 billion over the next four years but if the federal government steps in that could all go up in smoke. >> gigi thank you so much. >>> the hit tv series "under the dome" is back. up next one shot. brand-new. brand-new beamer gets it. yes. >> the celebration is great. this guy won a bmw by hitting half court shot. steph curry had a rough night. jason valdez who's
and tommy chung, who's the pay tree ar patriarch of pot. >> including smoke swipe which he says can helpld kind of caught up with me. ♪ cover up just makes the sweet a little bitter ♪ >> do you sense that the sigma of mann is changing? >> once people see that it's not the crazy gateway drug that's going to lead me down the path then it will go away. >> etheridge's wine is currently only available to medical marijuana patients in california where pot is legal for...
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Jun 10, 2015
06/15
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nat burgess, and patrick chung. welcome, everybody. you for being in the hot seat here. >> so guys we've seen the prototypes thus far. and i know that kickstarter orders have been delayed. how do we know that the products would mass produce and get into the consumers hands are actually georgiaoing to work? >> we've been working with manufacturing partners on tightening up the design and being able to deliver a quality product and deliver quickly to our chain. >> do you think of yourself as a battery company or holy grail of social fitness companies? >> we actually think of ourselves as defining a sort of new product category which is wearable motion chargers. we sort of overlap with both the fitness tracking space and the battery space. >> nat, a yes. >> is it possible for human motion to generate enough power to be useful for the kind of smartphones that we carry around today? >> sure, yeah. an hour of exercise can extend your phone by up to five hours. so that's stand-by an hour of active use. you store that energy in a battery so yo
nat burgess, and patrick chung. welcome, everybody. you for being in the hot seat here. >> so guys we've seen the prototypes thus far. and i know that kickstarter orders have been delayed. how do we know that the products would mass produce and get into the consumers hands are actually georgiaoing to work? >> we've been working with manufacturing partners on tightening up the design and being able to deliver a quality product and deliver quickly to our chain. >> do you think...
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Jun 27, 2015
06/15
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the lawsuit said that keith chung had a head injury and broken bones when he was hit by a speeding carthe 22-year-old el rot o gear was driving that car. he stabbed, shot and ran people down, killing six students skin juries more than a dozen before taking his own life. the lawsuit said that his parents were negligent in letting him use the car and say nobody investigated warning signs that he was dangerouso. united states santa barbara, the county and sheriff's department all are named in that lawsuit. >>> a pit bulla tacked a 16- month-old child in santa rosa. firefighters were called out to a home on fresno avenue late thursday afternoon a santa rosa fire captain said that the little boy apparently got to close to the dog's food bowl and that's when the child was bitten. the child was taken to the hospital with undisclosed injuries. the pit bull was put into rabies quarantine. >>> 15 great white sharks were spotted swimming together off the beach and they were less than a mile off shore a boat captain for whale watching tours said they appeared between eight and 15 feet long. state
the lawsuit said that keith chung had a head injury and broken bones when he was hit by a speeding carthe 22-year-old el rot o gear was driving that car. he stabbed, shot and ran people down, killing six students skin juries more than a dozen before taking his own life. the lawsuit said that his parents were negligent in letting him use the car and say nobody investigated warning signs that he was dangerouso. united states santa barbara, the county and sheriff's department all are named in that...
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Jun 10, 2015
06/15
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CNBC
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. >> you're spinning off more than half your company and not going with the bigger chung of the companyed and it's tougher to get margins in that business at this point? >> it's certainly tougher. if you look at that today, it's gone from purchasing entire seats to purchasing components. and if you get inside that business, we've strategically moved to be a component supplier making the metal frames the mechanisms, the parts and pieces that add value. that business is a good business. there's no doubt about it. it's just the cyclicality of the business. what it does to our overall portfolio. unfortunately it doesn't make sense for us to have it. >> a lot of capital that goes into it too? does it require -- >> absolutely. >> -- heavy capital investment? >> huge capital investment. and quite frankly, that's where the rubber meets the road. we look strategically where we're going to allocate our capital. we have made choices not to allocate capital. >> we lost some great domestic autoparts companies to foreign buyers because of the difference in tax. who was it? i mean one of the biggest i
. >> you're spinning off more than half your company and not going with the bigger chung of the companyed and it's tougher to get margins in that business at this point? >> it's certainly tougher. if you look at that today, it's gone from purchasing entire seats to purchasing components. and if you get inside that business, we've strategically moved to be a component supplier making the metal frames the mechanisms, the parts and pieces that add value. that business is a good...
SFGTV: San Francisco Government Television
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Jun 15, 2015
06/15
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SFGTV
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. >> pating >> present >> singer >> chow >> present >> chung >> present sanchez >> paren present. >>karshmer >> present. >> the meeting is june 2, 2015 we have one public comment. >> public comment
. >> pating >> present >> singer >> chow >> present >> chung >> present sanchez >> paren present. >>karshmer >> present. >> the meeting is june 2, 2015 we have one public comment. >> public comment