the shareholder lawsuit sited citi group's $27 billion on losses in 2008 after shares went from $48 a share in 2007 to under $3 a share by 2009. >>> a historic victory for wall street regulators today in the first big civil fraud case tied at the 2008 financial crisis. a trader find liable in six out of seven counts in a fraud case. marry thompson was in the courtroom and they are criticized the fcc for not being tough enough and others for striking out in high-profile cases like this. what this z this victory mean? >> reporter: it's a big win for the fcc. lawyers say this will bolden the agency to be aggressive in the future and go after entities and suing claims. basically, since the financial crisis, three of the fcc's cases have gone to trial. it's score card is essentially one loss, one split and today's victory and this would give the scc i guess you could say swagger to the steps when it goes out and pursues additional actions. per the financial crisis, of course, in 2008. but in the civil cases such as those brought by the fcc they can pursue the cases and seek penalties from

and i call the fleet bank their gun now they fleeted away i get exe citi group or one of them bank of america bought them out and i wanted my money transferred to my local bank and they said no you can't get it i got shifted by m.f. global's scam when jon cause i'm brought down the company and they stole my money out of my segregated account so the first thing is the golden rule if you don't have any gold you're not going to rule anything you have a better half of money and in more than one denomination and gold and silver is the popular to nomination among neo survivalists if you were greek cypriot and they closed the banks you out almost two weeks. well you wish you had some gold and silver to buy what you needed now was the canary in the mine shaft america's canary has actually stopped singing rose fine and silver bear your bank savings will be rooted in the upcoming crush quietly admits this new government documents which suggest the collapse will be much worse than in two thousand and nine new rules by the federal deposit insurance corporation reveals quote returning the operatio

hank paulson who was the treasury psycho the time who called up buffett he called up the head of citi group b. called up the head of goldman sachs and j.p. morgan said that the government was going to bail out these institutions they were not going to quote unquote fail he passed that information along secretly without public disclosure if they all bought those stocks they may double triple quadruple now they want to get out so that sells c. and b. c. they found maria bartiromo to go on c.b.c. and say oh you poor individual investors aren't fully invested yet turn to buy in at the all time i use your margin to get a visceral this is what we want to do with your net worth maria this is notorious investment program to get all those zero well yeah exactly and hank paulson i believe met with a bunch of goldman sachs related hedge funds and he told them that in fact the u.s. government would bail out fannie mae and freddie mac. when he was telling publicly and he told congress and therefore the pup. of america that they would not that they definitely definitely would not so they had insider info

then there's the public realm work we do in the city group does already and we're thinking about working on that plaza type of spaces and the streetscape plan. a couple of images here. the next one is the specific guidelines. so when we look at a site that's under utilized or vacant and thinking about the community to get the energy and thinking what should we do with this site. i worked on the folsom project. this is a her picture of balboa park and the community wanted to see some change and it's now a supermarket. we can work with the community and think about those sites ease bring some energy there. the next tool is something other folks in our department has been working with this is a ground up we as city staff will be providing technical assistance. so just an example would be a collective solar panel so folks in our department are working with the community on those ideas. so again, the math is kind of all of the 25 commercial districts that o e d has. and i want to walk through where we're going to start our work. we have limited resources so we want to think about where we kin

the coalition of the descendent, probably hardens the reds and the blues in the sense that the city groups are so largely with one side. >> well, i think that's right although i think that running counter to that is that for the republican party the coalition of the ascendent ought to cause them considerable worry because they are on the wrong side of that primarily because of their ability to get more votes in the hispanic community. >> and what evidence -- there's been a lot of discussion talking about dedicating a certain amount of money. didn't seem like much for 50 states, but a certain amount of money, it's a start, on the party's behalf to talk to these groups in a way that might give them a reason to become republicans. but by and large are you seeing that the result of the election is that the republicans have gotten the message on those issues? >> they've gotten the message that they need to do something. >> but the what that is is not -- >> but what it is -- where we're likely to see some impact on that, excuse me, is on immigration. it does appear as though an immigration bill

city is at its lowest in 50 years. there's no one single cause, but a study shows that when compared to similar neighbors, crown heights had less gun violence because of sos. groups like sos are forming across the city with groups trying to take back their streets. >> when i say stop shooting... >> he represents the nearby flat section of brooklyn, and he says that the sos call to non-violence is being heard. >> without the community stepping up and saying, we're going to do our part, everything else is going to be futile. it may work for a bit, but we haven't gotten to the cure of the problem. the core of the problem. we haven't gotten to what is actually causing the issues and dealing with those people specifically, it's not going to work, so we need the community to start saying, this is the problem, and they have. >> >> reporter: back in crown heights, walker said violence just a police problem, but it's a public health problem. >> hi, s.o.s., stop violence, you heard of us before? >> yeah. >> that's the key, you need to talk to the individuals, and if you get them the treatment that they need, it's most likely that that individual won't spread the disease to

$107 million to the harbor point development will go to a preliminary vote in the baltimore city council. groups against the financing say they will continue to fight the president obama poe sal and will protest outside of city hall. it has the votes to pass the 15-member council. >>> this year's first meteor shower will occur above the skies of maryland. we have skies of last year. hundreds of meteors are expected to blaze through the sky every year. they produce for fire balls than any other meteor shower. >>> hopefully we're going to see more sunshine today. outside right now it's mostly cloudy, quite sticky and it's going to get warmer than it was this past weekend. wjz is live with first warning weather. meteorologist tim williams out in the out back and chelsea ingram over in the weather center. good afternoon, chelsea. >> hello. that humidity certainly back ine picture today. temperatures are rather warm. the upper 70s to lower 80s in a lot of spots. 83 baltimore, 81 hagerstown. cooler out west. very warm in the dc area, 87 degrees. they take over the cake. locally, looking at temperature

is the independent partner to the entire city for everything having to do with parks, recreation, and open space. we have more than 100 different community groups called park partners all across the city. each of them working in their own way to make our park system a little better, a little more beautiful, a little more usable. today this is the day for one of those groups, the friends of lafayette park. this is a shining example of how a few neighbors can come together, bring together their friends, and make an incredibly beautiful thing happen in a public open space. this park was renovated with bond dollars, but friends of lafayette park brought in hours and hours of hard work over four years to do visioning and imagining what this park could really look like. they raised over half a million dollars of private fund to augment the bond dollars so that this kind of a playground could be added to this park. it's been that kind of selfless generosity, and hours of giving to the city that is just an incredible humbling experience for us at the parks alliance. let's have another round of applause for carina and lynn and all of the volunteers who

city. one group had to climb to escape the rising water others had to be rescued from a bus overcome by rushingater in the middle of the street. firefighters in yet another part of nashville waded to rescue a baby and mother trapped by rising waters. firefighters use aid rope to help them make to it dry ground. the infant was reunited with his mother. >> we've been jokingly chiding you so fortunate and mild. we're real weather wimps here in this area. >> yes. >> here is a look at live doppler 7 hd. we've got calm conditions, mild, mainly sunny skies most of the cloudiness that is here is at the coast. the coastline is not socked in with clouds at the moment. here is a look at interesting low clouds patterns near ocean beach and then points south ward. moment. sheer look at low skploudz fog returning tonight and overnight. maybe drizzle in morning hours. a beginning of gradual but not dramatic warm up this, evening, candle stick park, yes. niners taking on broncos it will be partly cloudy. good football weather. now, let's give you a look at the satellite radar low pressure system keeping condit

city. the group is called stand for san jose. the mercury news reports they are challenging a city transfer of the proposed site to a re-development successor agency and the transfer includes an opening for the a's to buy the land for $7 million a fraction of the $25 million the city re-development agency paid. san jose granted the a's the option in 2011 to maintain the land after re-development agencies in california were eliminated. >> the labor department will release the monthly jobs report in an hour from now. the economists hope for good news. they say employers are laying off fewer workers and they expect they added 183,000 jobs in july lowering the unemployment rate to 7.5 percent from 7.6 percent in june. >> it is 4:37 and time if a check of the weather. mike? >> nice to see you, katie. 47 this morning in napa and we have an area that is at 47. 50 in san next 12 hours, we have a cloudy push taking place right now and late arriving clouds like yesterday, with temperatures for the most part in the mid-50 with a few exceptio

>> great job by city group. they made $12 million. the stock broke the price today and traded sloppy. today scott wapner said he confirmed through sources that carl icahn did not buy on it. it traded so well that some people were thinking for sport maybe icahn got in there and wanted to see this thing double in ackman's face. that was one rumor going around. the company also, talk about balance sheets, is going to have to raise capital here. there is probably another equity offering coming. >> anybody remember people crowing about ackman's profits in jcpenney? 1260. we knew the price there. pure profit for citigroup. there you go. coming up on "fast money," does jerry seinfeld's buddy george kos stan za actually have the key to being a successful trader? we'll explain. can kind snacks keep produces healthy profits and doing social going, ceo daniel lebetski will join us after the break. oves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive

city. part of a whole group of technology partners that want to help our city improve our services. and i think that when companies step that up, just like other companies have done where they lend their employees to sweep our streets, to pick up trash, to help with the arts community improve along mid-market, they're all saying they want to be great partners in the city that accompanies, as companies that employ our residents, they just want to be great partners. and i think that that's a worthy, worthy spirit and goal. it is what i consider to be one of the finest spirits of san francisco being part of this incredible community partnership. >> so, i thank you guys. i know we all have a number of appointments to go to including signing our budget that we just passed out. so, thank you all for being here. i think we'll be here a few more minutes to answer questions if you want. thank you all for coming and look forward to making this project a reality. thank you, everyone. (applause) >> health service board is now in order. please stand for the pledge. i pledge allegiance to the fla

bachk of america and city group on review direction uncertain.he reason moody's is signing for this review is that government is seemingly less willing to bailout banks again. that would mean in the future anyone holding bank bonds could be suggest to default in the case of another crisis. now part of this policy is the resolution authority or the living wills that banks have submitted, meaning if they get into trouble in another crisis, they will just be dissolved completely in bankruptcy. moody's is saying that is bad for bond holders. maria, back to you. >> okay another focus on the banks may very well set the tone for tomorrow on down side mp more breaking news on a different story. kate kelly with sec capital. >> thanks, maria. now the u.s. attorney for southern district of new york is announcing a super seeding indictment of the former sac capital analyst indicted last november for charges of insider trading on two pharmaceutical stocks. the main revelations is that there was a second doctor. you know the doctor that allegedly tipped him of

. >> the showdown tonight at san francisco city hall where a group supporting city college is staging a sit in outside mayor ed lee's office. right now about 60 people are still refusing to leave. they have been here for about six hours. the sheriff deputy would issue three disperse sal orders before making arrests. so far they have nottish you -- not issued any. they will take a public stand and it is scheduled to lose next summer. two supporters of city college went to where the mayor was at an event honoring the civil rights movement. they held up signs as the mayor was speaking at the university of san francisco, encouraging him to support overturning the accreditation decision. they had a request to stand off to the side of the room jie. the highlight of the event was for a man many consider a living legend in the struggle for equality. the human rights commission honored clarence b jones for his work with dr. martin luther martin luther king junior. he is an advisor and is currently the first ever diversity schollar at the you have the of san francisco. the event coincides with

. >> the showdown tonight at san francisco city hall where a group supporting city college is staging a sit in outside mayor ed lee's office. right now about 60 people are still refusing to leave. they have been here for about six hours. the sheriff deputy would issue three disperse sal orders before making arrests. so far they have nottish you -- not issued any. they will take a public stand and it is scheduled to lose next summer. two supporters of city college went to where the mayor was at an event honoring the civil rights movement. they held up signs as the mayor was speaking at the university of san francisco, encouraging him to support overturning the accreditation decision. they had a request to stand off to the side of the room jie. the highlight of the event was for a man many consider a living legend in the struggle for equality. the human rights commission honored clarence b jones for his work with dr. martin luther martin luther king junior. he is an advisor and is currently the first ever diversity schollar at the you have the of san francisco. the event coincides with

city. part of a whole group of technology partners that want to help our city improve our services. and i think that when companies step that up,

evaluate the people who are commit it go crimes, and focus their attention on them. >> a group rallied outside today, the city wants to acquire, and refinance the mortgages in trouble. wells fargo is suing to stop it, the group went to bank head quarters in san francisco to ask the ceo to meet with them, and an executive would call to set up an appointment. >>> there's a new station for the model, the super chargers provide the power, and can replenish three hours of driving in 20 minutes. >>> the temperatures trended down a bit today. more fog this morning, and more fog in the mid-morning, that kept the temperatures slightly cooler. you had the 90 in santa rosa, and in fairfield. san josi downtown 82, you get the picture. a day not dissimilar from yesterday. we'll look at numbers, slightly cooler, but numbers still nice. lots of 70s, and low 80s, there's the marine layer. it's going to stretch out a bit tonight, and over the next few days, and with that some cooler daytime highs. not cold, less sunshine, and temperatures mostly in the 70s sxshlgs 80s -- and 80s. 87 in fairfield, and those are the right now t

the group city for those cancer survivors is also -- the group's eddie for those cancer survivors is also very important. >> let's talk a little bit about the international dimension for the foundation. we understand that there is union for international cancer prevention, uicc. your foundation has been a member since 1997. 2003, i'm sorry. given the fact that you have been part of this international family, what are some of the activities and programs that you have been doing on the international level? >> uicc is now the biggest ngo under the world health organization. we are fortunate to become one of the members in 2003. we actively participate in all the activities. the biannual world cancer congress and also the highly publicized activities every year. >> before we end this part of the program, we understand that your foundation has an ongoing cooperation with the agriculture department division of the american institute in taiwan. can you tell us a little bit about that program? >> we are so fortunate. the ait people can visit us. they want a cancer revision -- a cancer preven

a group of south bay residents called stand for san jose has filed a lawsuit against the city. the group says the a's would be allowed to buy land at below market rate and that is illegal. the suit alleges that the land is undervalued by $22 million. it's not the first lawsuit filed by this group. they say they have not seen the latest complaint but believe it has no legal merit >>> five years after the grew some crime, the man convicted of killing three of his co-workers at a south bay company will spend the rest of his life behind bars. this was a big story back in 2008. is this the final chapter? >> reporter: this could be the final chapter, but there could also be an appeal. as the sentence came down, we were looking at the family members, and many of the family members of the victims were in tears. some of them got up and spoke their feelings. the wife of one said you are responsible for this tremendous heartache for our family and then said i'm finished thinking of you. a woo's spokes person interpreter said i didn't have any intention to hurt any people. and then he said