doubled down max because here's the next headline new chief of staff former hedge fund exec at citi group made money off mortgage defaults so citigroup of course is basically another government sponsored entity it out read it as a private company listed on the public markets but it's always been backed by the u.s. government essentially but from two thousand and six to two thousand and eight jack lew obama's new chief of staff was chief operating officer citibank's alternative investments division who made billions on john paulson betting against the subprime mortgage market and after citi group was bailed out by the government to the tune of what forty five billion dollars he collected a bonus of nine hundred thousand dollars after they became publicly owned. jack lew one of the gangsters citigroup. traded on inside information. to make incredible profits now they've used the money that they made trading on inside information mark manipulation documented many times and this is not a secret they're using the profits to buy their way into government to become a socially obama's but this ja

the 131 year-old company received money from city group and an effort to keep afloat. >> a one-two punchpacific northwest after old man winter. mother nature changed course and dumped freezing rain on the area. it left tens of thousands of people and the dark and several others and ditches from skidding off the road. it is all beginning to change now to rain and it will stay that way through tomorrow night. they have had a hard time. >> we could have a little bit of a winter rebecs here tomorrow night into saturday morning. that will also change to rain as it warms up on saturday. first we will check out the storms cannot showing you snow and a cold front moving into our direction. the exception will be further north toward the maryland pennsylvania line. we will see skies clear before sunrise and temperatures will start to take a drop. 38 degrees in alexandria right now. one more stop for you here is on our ford board. 40 and 25 the high and low today. take a look at the record high in 1994, -- record low in 1994, it was for below zero. temperatures will fall overnight into the 24 degre

citi group is down 2.3%. goldman sachs down 2.25%.organ stanley fairing the best only off a percent. back in a moment. [ male announcer ] let's level the playing field. take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of your portfolio today. trade commission-free for 60 days, and we'll throw in up $600 when you open an account. my high school science teacher made me what i am today. our science teacher helped us build it. ♪ now i'm a geologist at chevron, and i get to help science teachers. it has four servo motors and a wireless microcontroller. over the last three years we've put nearly 100 million dollars into american education. that's thousands of kids learning to love science. ♪ isn't that cool? and that's pretty cool. ♪ >>> time for three in 30. three stock stories in 30 seconds. housing names mostly weaker today bu

one of the stocks we're watching is city group. disappointing earnings. shares are down 5% in for pre-market trading. taking a beating today. overall, dow futures are up 76. the >>darya: the big stories we are following, we will learn more about the president's day weekend clothes are planned for the bay bridge. caltrans will unveil their plans in a few hours. foss italian naval divers have used explosives to create openings in the whole of that ground cruise ship off the coast of the tuscany coast. five more people have been pulled from the wreckage. that brings the death toll to 11. fit is a cold morning out there. we are live in the weather center with james fletcher. freeze warnings in effect, as we are below freezing in many areas. >>james: the freeze warning affects almost the entire bay area. we have widespread 20's and '30's. it is freezing out there. there is widespread frost we have a lot less of walnut creek. these are the city's them broke record lows for today. cox said a rosa is 23 currently. as you go down a line will see current temperatur

spokesperson for the company announced a loan of almost a hundred million dollars has been secured from citi group which should help keep them afloat kodak has suffered severe losses in the last couple of years being consistently gone by competitors who are quicker to adapt to the digital age. now it may be the middle of a freezing winter here and russia but that's not stopping the determined from taking a dip a midnight immersion in water in january nineteenth is a traditional way to celebrate the orthodox holiday of a penny but was artie's to ban would say brave enough to test the waters. the ninety. day the russian or. the way the end of christmas time as well as if we need to could we need is said to be the day when jesus was baptized and question believe that by diving into. a two week life during that may need to come to us through the woods which then turns into a hole you would see and that's going to be good and bad they say. why do they do with the romans do you call you to find a way to guard who myself like you do it not and never. look back at all. the. stuff but. most of the time. bu

reform efforts because you see people like peter or zach from the administration going straight to citi group you see people like chris dodd going to be the head of the n.p.a. and then being an incredibly powerful voice in the debate is saying he wouldn't lobby exactly yeah well hopefully maybe toledo a couple outrage i got to wrap it up guys of an important to know how washington works for sarah true very true thanks for joining me as a finite show you guys thanks for tuning in make you connect tomorrow with the third anniversary of obama taking office and the second anniversary of citizens united so let's talk about that coming up next. the mets six is. coming to. see some it's. coming. her strike back anonymous cripples major u.s. government and corporate websites in response to a crackdown on a file sharing service and pending anti-piracy legislation. syria's opposition holds more mass rallies to demand more prisoners be released despite a general amnesty earlier this week critics say only regime change will satisfy the protest leaders now. and a multi-billion pound battle between a russi

reform efforts because you see people like peter or zach from the administration going straight to citi group you see people like chris dodd going to be the head of the n.p.a. and then being an incredibly powerful voice in the debate over saying he wouldn't lobby exactly yeah well hopefully maybe toledo a couple outrage i got to wrap it up that's about as long as you know how washington works for sarah true very true thanks for joining me that's it for a night show you guys thanks for tuning in make you connect tomorrow is the third anniversary of obama taking office and the second anniversary of that is united talk about that coming up next. right. from pundits to. t.v. dot com. james bond a london admits in electronics rock found in moscow six years ago belonged to her majesty's secret service. the voice caused a storm of controversy at the time of the plane from downing street the story was absurd all the details from london in just a few moments. the f.b.i. website becomes the latest victim of hackers within the anonymous group as they wage the largest attack ever on the u.s. government a

reform efforts because you see people like peter or zach from the administration going straight to citi group you see people like chris dodd going to be the head of them and then being an incredibly powerful voice in the debate over saying he wouldn't lobby exactly yeah well hopefully maybe toledo calls will outrage i got to wrap it up that's about as long as you know how washington works for sarah true very true thanks for joining me that's it for a night show you guys thanks for tuning in make you connect tomorrow with the third anniversary of obama taking office and the second anniversary of citizens united all talk about that coming up next. wealthy british style. that's what i'm trying. to target. markets why not come to. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into cars a report on r g. download the official anti application to your i phone on pod touch from the i choose ops to. watch on t.v. life on the go. video on demand ati's live broadcasts and already says feeds now in the palm of you

reform efforts because you see people like peter or zach from the administration going straight to citi group you see people like chris dodd going to be the head of the n.p.a. and then being an incredibly powerful voice in the debate over saying he wouldn't lobby exactly yeah well hopefully maybe toledo calls will outrage i got to wrap it up that's about as long as you know how washington works for sarah true very true thanks for joining me that's it for a night show you guys thanks for tuning in make you connect tomorrow with the third anniversary of obama taking office and the second anniversary of citizens united so let's talk about that coming up next. this is claude. allen singing on the edge over the past and present. mixing reality as nothingness. but if you enter this time. the mystery of supernatural will reach you. shana know siberia on. download the official anti out location to your i phone on pod touch from the i choose amp stores which all teach life on the go. video on demand parties mind bold colors and r.s.s. feeds now in the palm of your. questions on the dot com. hello. we

i said yesterday bill daley left and so who did here place him with is jack lew who is a former citi group official you can't get rid of these people and yet at the same time you still have people out there arguing i was on the young turks on current last night and bob sestak said well you know i don't blame the president because if i was in his position i would want somebody to regulate wall street that actually knows wall street and knows how it works i think that we've seen enough of that and nobody's regulating it. there's no there's no regulation of wall street i mean there's twenty three hundred page laws that dog frank law of which no one can figure out what the regulations are meant to be at this point they're still committees trying to put together and write the regulations but we're sitting here talking and having this nice conversation i can assure you that there are lawyers for wall street firms who are camped out at the f.c.c. or at the c.f.d. see in washington helping to write the regulations so i mean the idea that wall street is getting new regulations is a myth the truth i

citi group shares dropped after reporting profits fell last quarter that.doused a solid rally. the dow up in early trading z burger king is using new packaging to keep burgers and fries warm. as they deliver to your home. they're trying to this out in washington, d.c. if it works other stores will start delivering as well. officials from city college of san francisco warning students returning to school to avoid using school computers for personal shopping or banking or going on facebook. the school notified students and teachers about the breech allowing hackers to steal pass words. thousands of former students may be affected since hacking may have begun about a decade ago. >> a couple people lost their money. >> anything to do with personal information boy not type it into those computers. they can hack into the system what else can they get? >> and anyone using a flash drive may have copied to their home computers. and most people choose a tab blet computer based on what it can do. one man decided it was important to make it work the way he wanted it to

redwood city has 26 neighborhood groups. is enthusiastic about it. >> next door provides opportunity for neighbors to get to know neighbors at a very small geographic social network. >> it addresses a growing problem. >> i may know my neighbors on my left and right but i have no idea down the street at all anymore. >> it takes ten households to start a group. they have been created in 974 neighborhoods in 43 states. the ceo and cofounder of next door. >> it's not like a facebook or twitter where you're talking about people will you never meet but strengthen relationships that already exist. >> they open dialogues that can save lives. >> i was really grateful. all my friends and their parents get the message so they can. >> number of neighborhoods being brought together by next door growing. ten new neighborhoods added every day. in redwood city. david louie. >>> san francisco zoo is celebrating the new year with chinese acrobats, this year's festivities have a very special guest. a real live dragon. a bearded dragon from aus

. >>> 4:39 is the time organizers have cleared a major already the city's planning group challenged it over air pollution and water quality, that race are be held next year. >>> the determination they could make and it still remains high after the ousting of a former leader. >>> trough does look good, we will tell you about the morning commute heat indices all ahead. -- morning commute. it is all ahead.  . >>> well it is a day without electricity, seven days for people in trout lake. some people are using backup generators but schools have been closed since the storm hit. utility crews are working to make repairs. they hope to have electricity back up and running within the next couple of days. >>> a family of five in oakland last night. it started on the first floor of the building at 9:00 p.m. we have to look inside the damaged unit and as we can see, there is a lot of smoke there and we understand the ceiling and walls burned. they did get out without any injuries but the cause of the fire is still under investigation. >>> a gas pipeline ruptured and prompted a brief shut down. abo

it centers on bank of america and city group.$♪ it reportedly involves cases where they buy insurances and pay it off if the homeowner fails to keep up and customers charges for those policies : >>> the company who makes twinkies and hostess filed for chapter 11 this morning. they have been unable to reach an agreement with its unions regarding health benefits and pensions. that has decreased their liquidity. >>> it is lighter than the starbucks roast and it is now starbucks blond. 40% of all coffee drinkers prefer something mild and the blond roast puts them in head to head competition with mcdonald's and duncan donuts. >> i don't know what to say about those blonds. >>> a dangerous crime to tell you about, this one in dahly city, we will have more on how police responded. >>> it came from the new york times... ♪ going to the bank without going to the bank... that's a step forward. with chase quickdeposit on your smartphone, you just snap a picture, hit send and done. chase quickdeposit. take a step forward and chase what matters. ♪ we just keep on keepin' on ♪ ♪ keep on a new air fr

this comes days after the city group clashed with police.as more on the potential for more arrests. mike? >> they started gathering here about 45 minutes ago. and they were met with a heavy police presence. we want to show you video from sky eye chopper 13. this is of a fake rec center they were trying to erect, to make their point about budget cuts. police threatened to take that rec center away and hauling it to the city dump. >> reporter: occupy is not giving up. rallying again. outside city hall. and vowing to make their voices heard. >> reporter: they're ending a week that began with explosive protests, landing six members of occupy baltimore in jail overnight, as they clashed with police in riot gear, while trying to occupy in east baltimore, the proposed site of a new youth jail. demonstrators believe this is money that would be better spent on rec centers and educational programs. >> we've gotten so much press for the issues we have been cashed -- concerned about. we want to save the rec centers, save our youth. i'm a former teacher.

it is appropriate, we should be focusing on his bank, citi group, bank of america and wells far fargoch. >> hold on. hold on. i got one other thing. and i apologize. i would love to do a brief survey if i could of your audience and from you. here's the simple question. what does a former congressman with a history of exchanging e-mails with male pages, a celebrity chef, a former mtv dj, and martin bashir, what do those people have in common? >> no idea. >> they are all going to be on bill mahir's show tomorrow night. former mtv and a celebrity chef, you'll be eating well, listening to good music -- >> stop there. >> be careful with your e-mail. >> thank you for that. >> we'll be watching. >> thank you. we'll be watching you at 4:00 as always. we'll be right back. [ female announcer ] investing for yourself is a necessity. i find investments with e-trade's top 5 lists and use pre-defined screeners to work smarter. not harder. i depend on myself to take charge of my financial future. [ bell dinging ] it's real milk full of calcium and vitamin d. and tastes simply delicious. for those of

last week the city terminated contract with baltimore racing development after the group failed to pay more than $1 million, it owed to the city. indy car, le mans series put it on racing calendars after a successful inaugural event last year. >>> if you are trying out a new restaurant without busting your budget, there are a few options coming up. baltimore city and county are looking to get you to try the top restaurants and making it worth your while. coming up, when restaurant week kicks up again. >> hot wings, fried shrimp, sometimes we make our own bang- bang shrimp. the ravens might not be playing this weekend but that doesn't mean football fans aren't gearing up for playoff parties. >> the bang-bang shrimp sounds good. 27 degrees this morning, we warmed up nicely to a 63 degrees, we forecasted 54, there is no winner for today. i'm going to tell you when you are going to need the umbrella and also we have nice weather in the offering as well. >>> you are going to look at a new picture, baltimore is turning itself purple. the old county courthouse bathed in purple lights to celeb

as everyone knows, there are several city agencies, several community groups, and i will get to the cityily and leadership who is out here today. every chinese new year, all the departments all get together, and we all work very hard in making sure that the chinatown area is clean, free from graffiti. that the merchants are allocated -- educated about our ordinances. this year, we're going to do something special and a little bit different. we have been working with the merchants association, the chinese chamber of commerce and many associations here to come up with a great idea to make walking much easier but also to make buying merchandise and enjoying chinatown much easier. hopefully also allowing the bus to run smoothly while these activities are going on. without further delay, i would like to introduce our mayor, who is no stranger to chinatown and who is really spearheading this idea. thank you. [applause] mayor lee: let's see if everybody can occupy the parking space. exactly what we want to do is make sure people use the sidewalks as much as possible. first of all, how the new y

the stock lost 4% and citi group shares were down.joined the giant in 2009 following the financial crisis. that's it from cnbc. now back to chris and "hardball." >>> welcome back to "hardball." republicans are focused on what happens here tomorrow night. but for the white house, all bets are on romney. they are prepared to run against the former massachusetts governor already. a new poll shows how tight that race would end up being. according to a usa today poll of 12 key swing states, barack obama and mitt romney are in a virtual tie. 47% for the president and 48% for romney. for newt gingrich, according to the poll, obama would lead by 14 points. no wond they are focusing on the guy to have a fight with. romney showed important weaknesses as he battled newt gingrich and others. you can be sure that the obama campaign is taking notes. what the is president's team learning? we're going to find that out now. eugene robinson is a columnist for "the washington post." and managing editor down in washington, let's talk about this thing now

it's time maybe they'll look at citi group.look at amazon. >> the anti-final trade. joe. >> keep buying those ung

redwood city has 28 groups. the city is enthusiastic about it. >> it provides the opportunity for neighbors to get to know neighbors through a social network but a localized small social network. >> and also addresses a growing problem. >> i may know the neighbors on the left and right but have no idea who is living across from me, down the street a bit at all any more. >> it takes ten households to start a group. next door networks have been created in 974 neighborhoods in 43 states. the c.e.o. and cofounder of next door. >> it is not like a facebook or twitter where you are talking to people you will never meet in person. >> reporter: it opens dialogue that can even save lives. >> i was like just really grateful that all my friends, family and like their parents were able to get the message to take the antibiotics because a lot of them could be dead right now. >> reporter: the number of neighborhoods being brought together by next door is growing. ten new neighborhoods added every day. david louie, abc 7 news.

group about san francisco, and i have to be there by 6:00. and i thought, who else on a saturday would volunteer to take his time to speak about his passions for the city to the group who was a nonprofit and lead -- just spread the joy and word of how he viewed the city and how much he saw the future of its blossoming and what could be done? i say that before i make some other comments that are more for the record. he has helped many causes, philanthropic, arts, cultural, education. he has shown a particular interest in golden gate park. for 11 years, he has funded and performed at hartley's strictly bluegrass festival. the festival brings 750,000 people from around the bay area, the country, and even the world, to golden gate park for those days of free music. i want to emphasize, free music. he buses 3000 public school kids to golden gate park for a special festival concert. this year and last, he made a significant gift to improve the irrigation and maintenance equipment in golden gate park. and he has led the effort. i always called it warren's garage, but he led the effort for the golden gate garage to reduce the number of cars on the surface road

. >> lew spent time in the private sector working for city group between 2006 and 2009. -- for citigroupd be able to help improve relations between a bitterly divided congress. >>> doomsday is moving closer according to scientists who tracked the likelihood of a global catastrophe. they say members changed the clock by five minutes. >>> new tonight on the news edge at 11:00, it's happened again, drug smugglers thought they could get through a local airport with heroin. find out what tipped off customs agents. >>> an elderly woman forced to rob a bank with what she thinks is a bomb strapped to her leg, the bizarre story at 11:00. cheeseburger macaroni? [ female announcer ] cheeserburger macaroni hamburger helper. now even cheesier and tastier. helpers. forty dishes, all delicious. gives us the most nutritious of gifts. but only when they are ready to be given. that's why green giant picks vegetables at their peak. ...and freezes them fast, locking in nutrients ...for you to unwrap. ♪ ho, ho, ho. green giant on the 4g lte devices you love. like the droid bionic by motorola for $199.99. or

banking giant citi group reported shorter earnings. shares ended the day down about 8%.raft foods shares rose. net profits would be slightly higher. sadly, that's not going to help the jobs picture. kraft said they will cut 1,600 jobs as it realigns. maybe good news for homeowners. natural gas closed at a low. this past december was the sixth warmest on record. many heat their home with natural gas. that's it from cnbc. now back to "hardball." >>> this is why my election, which appears to be a recall election, is going to be such a big deal. this is one of the defining moments in wisconsin's history and the national political landscape. this will be a defining moment. >> you talk about "hardball." welcome back to it. scott walker knows the stakes are high. he's looking defensive. the democrats in the state filed petitions with more than a million signatures to trigger the recall election. democrats needed just 540,000 signatures for a recall. got double that. got half the elect rat to come out with the signatures. the angry response from union supporters made wisconsin g

city. >> the group santa clara plays fair is collecting signatures for a referendum saying it's not the same plan voters passed supporting this stadium in 2010. >> now that we have a contract, it doesn't match what we were told. we need to look under the covers and have a chance to vote. not what it was portrayed. >> reaction to the petition at this pardon mer's market was mixed. >> most of my friends and their friends are for it. >> dozens signed their names. >> why did you decide to sign it? >> because i trust these people here. >> the reality of it, a lot of the information is misinformation. it's the same misinformation they were giving. i'm sure after this comes to pass, something they continue to say. >> in fact, the city isn't even sure a referendum on this vote is legal. >> we are still researching it. until the attorney comes out with a conclusive recommendation, i will be reluctant to say anything. >> until they find this is legal, i don't know if we have the right city attorney. who is he working for? us or the 49ers. >> santa clara will be collecting signatures for the next coupl

city. this group of folks worked together as a team. they are part of the marketing department within the administration division. and what they are being recognized for today is an effort that they had in developing the anti-crime campaign but was up inside our vehicles, and i think on some of the bus shelters, in response to a real safety need we have at the agency, said the being the most important thing for us to be addressing to make sure people feel safer riding or system. -- our system. working with the police department to identify people being robert on board of their smart phones, this group got together to develop a campaign that by all accounts was very successful. we are not only ourselves feeling this was a successful campaign, but this group was recognized by the american public transit association in getting an award. they were first place for public relations awareness or educational campaign for the crime campaign. they have also gotten five awards over the last three years, so their value is recognized not just in san

>>mark: city group released their quarterly reports, city shares were hit hard this morning. wells fargo came out what their quarterly reports and better than expected earnings. >>darya: a developing story we are falling, new video of italian naval diverse, to use explosives to create openings and the whole of the ship off of the tuscany coast. 29 people are still missing as search crews continue looking. we also have pictures of the damage done to the bottom of the ship when it hit the ground. the search continues for the bodies, the cruise liner tragedy will not be an environmental crisis because it will begin extracting fuel from the ship tomorrow and that operation should be done in two-four weeks. >>darya: we have a translation from the radio contact between the captain of the ship and a coast guard commander who was trying to coordinate rescue. the coast guard commander repeatedly tells the captain to get back on the ship. here is a small portion of their exchange. the coast guard tells them to get on the ship and tell them how many people are on board and what they nee

at the full board on tuesday they heard nominations for members for the market in octavia city market group. supervisor elsbernd nominated new members to the burkett. he asked the board vote of all the obligations on tuesday. he asked mr. cohen's nomination be set back to the committee for further discussion. he said he stated he had been nominated for low-income see, but was no wonder low income. sauc-- but was no longer low income. on the motion to send his nomination back to the committee, the motion passed 6- 5. the committee will reach here this nomination in the future. the board also considered overturning a veto o. this would be of the sharply an ordinance. this week the board voted on whether they should override the veto. they need a super majority of eight, and over rights failed with only six votes. lastly, this week there was a sequa appeal for the certification of the modern art expansion and fire station relocation. this is the e.i.r. appeal of the project. they have remained arguments. they argued it did not match the plan submitted to the department. they argued the visual

. >> there is a plus side is that the city worked well to try to get other groups to come in to take over parts of it. >> and there is a budget is only a proposal from the mayor and city administrator. the council will make the decision about which jobs and services will be cut and they have just one week to do it. >> and there is a significant development facing ross mirkarimi. >> a third accuse yir has come forward. and live at the hall of justice tonight with the latest. >> ross mirkarimi is due back here in court, trying to get that restraining order lifted so he can be reunited with his wife and son. it's unclear and yes, the face kais is becoming more complicated as yet another woman comes forward. when ross mirkarimi walks into court this man will not be by his side. the attorney told us he's no longer on this case. he says he will noi -- lidia stiglich will represent the sheriff. he had other defendants including a mother accused of leaving her young son alone when he was mauled by family pit bulls. the mayor worries it's becoming a distraction. yesterday, he met one on one wi

redwood city has 28 groups. the city is enthusiastic about it. >> next door provides opportunities for neighbors to get to know neighbors through a social network but a localized, small geographic base. >> it addresses a growing problem. >> i may know my neighbors on left and right but no idea who is living across from me, down the street a bit at all, anymore. >> it takes 10 houses to start a group. they have been created in 974 neighborhoods and 43 states. >> this is not like facebook and twitter. this is about strengthening real world relationships that already exist. >> it opens dialogue that can save live eyes was like, grateful that like, my friends and parents were able to get the message to take antibiotics because, like, a lot of them, like could be dead right now. >> the number of neighborhoods being brought together by next door is growing. 10 new neighbor neighborhoods added every day. >> and sun is back outside. >> yes and sunny day, putting smiles on faces. it's unusually dry. and there isn't any ra

he has 28 next door neighborhood groups. the city about it. >> next #* door provides anybody's to get to know neighbors. >> it also address as growing problem. >> i know my neighbors on my heft and right but i have no idea who is living across from me, down the street a bit at all anymore. >> it takes ten households to start a group. next door networks have been created in 974 neighbors in 43 states. the ceo and cofounder of next door. >> it's not like a facebook or twitter where you are talking to people you will never meet in person. it's been strengthening and amplifying real world relationship that already exists. >> it opens dialogue that can even save lives. >> i was grateful. all my friends, family and their parents were able to get the message so they could take the antibiotics because a lot of them could be dead right now. >> the number of neighbors being brought together by next door is growing. ten new neighbors added every day n redwood city, david loui, abc7 news. >> groundhog's day is coming up on thursday and forget wh