the man who's coming to visit her is 29-year-old james cisneros.creen name is too graphic to say on television. almost right off the bat cisneros asks an apparent 12-year-old online -- >> do you like sex? >> who doesn't? >> me, too. you want to hang out tonight? if you're not busy. >> she tells cisneros that he can't come over now because her mother is home. >> oh, can you sneak off late tonight and we can get a hotel and i will drop you off and you sneak back in? >> what for? >> sex. >> you heard that right. he wants to take someone he thinks is a 12-year-old to a hotel for sex. but the decoy won't budge. so cisneros gives in and shows up at the house. >> so i made a drink. i don't know if you want to try it or not. it's kool-aid. >> is this regular kool-aid? >> yes. >> and he comes prepared. >> what are you doing? did you bring condoms? >> yeah. you want them -- anywhere? >> it doesn't matter. >> take a taste of the drink there. please, have a seat. >> why? >> have a seat. >> no. >> i'm chris hansen. >> yeah. >> i want to ask you some questions.

thank you, jose cisneros for being here. thank you, a supervisor avalos.ve a lot more work ahead of us and a lot more work to do together. it is not just the increase in population. we have challenges in education, challenges for businesses. we have to do more. one of the best things that has happened in a long time is something that the community and work very closely together on is that the california dream act passed. it was signed by our governor. [applause] that was such a tremendous and courageous act. it is necessarily reflective of what is happening in our own education. i have had that great pleasure of working with the board president and carlos garcia. he is at another conference, the association of latino administrators and superintendents, having a national conference on the very important topic of how we improve education for latino communities across the country. i want to thank him for working so closely with us. luis herera has done so much for the libraries. thank you for such wonderful leadership. we get so excited when we open up librar

henry cisneros, former secretary of housing and urban development in the clinton years. he's part of a new bipartisan commission trying to find some answers. secretary cisneros, nice to see you. >> chuck, good to see you. >> let's start with this problem, we have a problem with a lot of underwater homes and there's been a chance to reincentivize things where they owe more money than their house is worth, but the banks aren't doing this voluntarily. what do you do? >> well, first of all, it is critical to address the howing problem. we haven't had a recovery since the end of world war ii that wasn't led by or involved the housing sector and the housing sector is very flat and on the side lines and we're not going to have the robust recovery that we need. the job generating recovery -- >> let me be cynical here for a second. we have enough housing. we built so much. those other ones -- the other housing recoveries were because we had population booms that we needed to build the houses. >> and the fact that we have enough housing is part of the problems. we have foreclosure

treasury office -- i think to proceed, given the great about of interest that is here, treasurer at cisneros has said he would be meeting with some of the stakeholders in the next couple of weeks, maybe we can set up a meeting between my office and your office and the stakeholders in the community to talk about the rfp process, if that is something you can commit to do? >> yes. i can be with anyone interested in this process. supervisor avalos: will come back for another meeting on the rfp process itself. when do you expect them to issue the rfp? >> in early 2012. supervisor avalos: so we have some time. i would like to thank the budget and legislative analyst for the report. thank you very much for your report. i believe we will be doing some ongoing work on this issue as well and if we can retain your services, that would be great. i would like to thank my colleagues for this hearing. we will roll up our sleeves and move forward. thank you very much. >> i am columnist who writes about san francisco politics, and a member of the san francisco league of women voters. i am here with the leagu

cisneros, come forward, please. >> good morning, supervisors. i am pleased to be here to talk about the city's banking business, how we transact that business and the process we are about to undergo to review how we manage the city's banking business. i want to spend a minute talking about different types of activities we undertake in managing the city's money, as it comes in, and as we hold it and keep it safe. the first thing i would like to talk about is how we manage the city's investment pool. technically, a county investment pool that every county in california holds and maintained. this is where all the money that has been brought into the city, funneled through our bank accounts, but we need to hold onto for some timbered period of time, is managed and invested. we managed that pool deliberately and carefully. our average balance of that investment pool has been a little bit more than $4 billion. it is mostly comprised of money that would not technically be considered the city's general fund money. these are, to a large degree, bond proc

. >> le quiero dar las gracias al alcalde y a cisneros por estar aquÍ en esta maÑana por apoyarnos enticipar, hay muchos requisitos y hay detalles pero al fin del dÍa lo que queremos es ayudar a nuestros jÓvenes para que puedan ir a la universidad. >> quÉ importancia tiene esta iniciativa de univisiÓn. >> es sumamente importante y sobre todo agradecer a univisiÓn que estemos totalmente alineados en la educaciÓn de los hispanos en los estados unidos. >> tenemos fondos para un estudiante y entonces, cuando univisiÓn nos da una beca nos ayuda a cerrar esa brecha. es sumamente importante que recibimos estos fondos y el reto que hay para un hispano es que no cuentan con el dinero para ir a la universidad. >> bÁsico. es para que los hispanos estÉn cumpliendo sus sueÑos. ustedes constantemente estÁn reforzando, quÉ es lo que estÁn haciendo ustedes al respecto y cuÁles son sus expectativas. >> que tengamos un diploma en cada hogar hispano en los estados unidos. ahora mismo hay 5 millones de hogares hispanos que tienen un diploma pero tenemos 14 millones de hogares hispanos. por quÉ? porque es

cisneros, ha estado con gente muy importante en este paÍs, cuÁl es el mensaje que quiere enviar a lan el lug de la comunidad latina en el futuro de este paÍs. >> motivar, apoyar y que se tome acciÓn que es importante. >> asÍ es. >> vamos a hablar con el sr. blumberg. sr muchas gracias por estar con despierta amÉrica y tomarse partes de este tiempo. debe estar muy orgulloso por la parte de cumple nueva york. quÉ estÁ haciendo su departamento de educaciÓn para que esto suceda. >> casi un 40 % de nuestros alumnos son latinos. hace 5 aÑos 35 % se graduaban hoy en dÍa casi dos terceras partes ro aÚn hay muchos estudiantes que no reciben un diploma, sin un diploma no puedes trajar, no puedes obtener una entrevista con una empresa privada... despuÉs en nuestro mundo es necesario ter una educaciÓn mÁs avanzada que la del colegio, es importante de obtener 2, 4 aÑos mÁs de estudios en la universidad. >> nuevamente rompiendo la formalidad gracias por dirigirse a nuestra audiencia en espaÑol. para nosotros es un placer. y merece un aplauso! de verdad. se lo agradecemos muchÍsimo. >> para todos l