all of us a little bit above average especially going into the cool weekend. >>> citibank is raising the monthly fee on basic checking account. new fee will be $2 more at $10. customers will be able to waive the fee if they maintain a balance of $1500 or sign up for online bill bay. it's waived if customers make five transactions each month. the bank will no longer give reward points for debit card purchases. it takes place in december. >> the business of iphone repairs is breaking a new york man a lot of success. now, he wants to expand globally. the iphone doctor started his business last year in an apartment. now, he has four stores, eight employees and klaimgs claims 300% growth. customers are looking for a quick fix. the average fix is $100. he has getting lots of offers from firms but is not interested. he as his eyes on expansion. >> i started the business middle of the economic meltdown. month. >>> the company now makes i.t. calls in a dr. brendan mobile. and he has hired apple employees >>> yoga fans are taking to the streets to take over parking spots today. it's part of th

. >> of block away, citibank's lobby was under occupation. >> we are giving back to them what, the garbage was backed that up or close to 170 ninth avenue. just one example of protesters and squatters, and, if you leave it at my front yard i'll leave it at your front door. >> and they delivered trash bags and the demand letter. calling for an immediate end to pull closer and new loan modification practices. >> but instead of sending the fax, wells fargo saw them coming. customers were caught in the trash to the war. >> and you saw at the door was bank security. >> they peacefully left leaving the footprint of foreclosure trash behind and this message. >> we will be back. >> and, chased nor citibank are commenting tonight that wells fargo offered to statement saying, once we take ownership of foreclosed properties we worked diligently to manage them in and manner that benefits the community until the home is sold. those protesters say their next step is the city fines against the bank. >> i'm not long am hunt for mendocino county killer. >> it seems like we are at some point closing in on t

a month later, he thought that plans were being drawn up to dissolve city back -- citibank. he found out that they were not and he got quite agitated. i talked to the president about it and i talked to tim about it, everyone involved in that meeting where he raised his voice. there is not any dispute about it. there is no dispute that i have seen about what happened. the question is, what did the president do? did he ask lost did he take him to the woodshed? -- did he take tim to the woodshed? how does this president rise to the moment and have a white house around him that now carries forward with a seasoned and deeper experience to express his will, express his qualities. tavis: if you are the treasury secretary and you are gaming the president on behalf of your boys on wall street and the president comes to learn about that, how this tim geithner -- it is not just that he does not get asked to leave, it is not that he does not get shown the door. they were begging him to stay. if you are gaming the president, how do you not get asked to leave and moreover, how do you get

everybody's deposits would have been protected what was what would have been wiped out of citibank and chase and bank of america would have gone under would have been there gambles there to see you know capitalism in their bets the wealthy would have lost the winners of the bets like goldman sachs wouldn't have been able to get trillions of dollars and bets that the economy would collapse but the real economy everybody's insurance would have been all right and she was in our third week we could close them down so they may see the banks but nothing will happen nobody's. nobody's business nothing is doing because of the major lobbyist do you think do you think you do you think europe can can do the same do you think the e.u. confront to see it it looks to me like the e.u. is being torn apart by the fact that. america there are two models for europe one is the. irish model where the european central bank told the irish government bailout the banks you can afford it and now they took so much of the bad irish bank that that ireland is in a depression for ten years the other alternative icel

absolutely not. >> reporter: citibank and pnc said they'd hold the line for now. now, diane, if you are a bank of america customer, the bank says it can waive those fees if you upgrade to a premium account. that mean you have to have a higher minimum monthly balance or you can switch to a credit union or a community bank and they offer free banking. diane? >> you have the three other banks to commit, for now, to not doing it. thank you so much, matt. >>> and a survey of the nation's top ceos showed today only about one-third of them say they plan to hire in the next six months. and that's down dramatically from three months ago. so, abc news has launched a team, led by "20/20" anchor chris cuomo to search out ideas that are bringing america back, neighbors giving neighbors extra cash and a helping hand. >> i worked at an ad agency and got laid off in 2009. >> i'm having trouble finding a full-time job. >> reporter: for them and close to 2,000 others, the answer to steady work is at taskrabbit, a sort of ebay for odd jobs. someone short on time or talent posts a ta

citibank charging more in fees if you don't carry a balance of at least $1,500. we'll tell you about this growing trend in banking and how you can avoid the fees. >>> also, tv's popular dr. oz caused quite a stir this week claiming the apple juice you may be drinking, may be in your fridge this morning might not be safe to drink. i sat down with him this week and asked him about his findings of arsenic in apple juice and now there is a huge controversy over his claims. >>> from the cnn center in atlanta, georgia, this is your "cnn saturday morning." wherever you may be, glad you are right here. >>> we start with the plane crash at a high speed air race in reno, nevada. at least three people are dead, including the pilot, two spectators among them, also 50 plus people have been injured and 12 of them are in critical condition. i'm going to walk you through some of the incredible video we have. at least three pieces of video to show you. here is the first one, this one is in slow motion for you, we highlighted the plane, looks like he was coming for a straight nose

what about that citibank resolution plan? we're going to deal with it head on. christine romer looks at larry summers, oh, goodness, what should we say? said, mr. president, excuse me, there is no citibank resolution plan. >> geithner's not at the meeting. >> no. the president says, there better be. right there, outraged. after the immediating, rahm huddles with larry summers and says, i can't believe christine said that in the meeting. >> said what? there's no plan. >> and summers says, but rahm, she's right. after that, i talked to geithner about it and the president doesn't deny any of it. he goes through exactly what he felt. ultimately, that's -- >> so what's your argument? >> well, barack obama, at this point, was overwhelmed and he did not take control of the white house in his historical moment. and a big part of it, as the point books out, letter and verse, is he was gamed by skilled senior advisers with affinity for wall street. >> let me ask you a couple of questions. because i'm still a little skeptical of the last few things that you said. >> right.

out everybody is exposed for what they were doing and that's what happened with lehman brothers citibank for example do we know this from the bankers who report. they did not have any good collateral to plug for loans was in a box before the law so there were people in the market the well aware that the company was finished carl i want to talk about another aspect of this there the new i am after christine legarde with here in washington today talking about global economic problems as well as solutions she is of course the new face of the i.m.f. and i want to get your take on a couple things in terms of the role of the i.m.f. and the world bank but first let's hear what christine legarde had to say about lehman brothers and then we'll talk about it. that was certainly living through very troubled time at the moment with a great economy can psyche exactly three years ago after the collapse of lehman brothers the economy skies today who troubled the student activities slows and downside to this increase. and we haven't turned into a dangerous phase of the crisis so far what do you think i

it could be costing you more to do business with citibank.hey're raising their monthly fees by $2 on accounts that have low balances. now, they're not the only ones dog this. we're highlighting them right now, but still there's a long list of banks, they're trying to make up for revenue lost under new regulations so they're coming up with new fees and new rules so this is now a $10 monthly fee, but you can get around this. what you have to do is you have to sign up for direct deposit or online bill paying. or the other thing you can do is maintain a balance of $1,500 in your accounts. if not, you will be charged that $10 a month fee. these do take effect in december. >>> well, a lot of people want to get out of town. well, google can help you out now. they're launching a new service to help you find flight that's fit your budget. mario armstrong, our dear friend,here to help us out. is it fair to say this is in direct competition to the kpeed areas and orbitzs of the world? >> oh, yeah. it's even beyond that. there was a deal that was done wh

. >>> citibank is raising the monthly fee on basic checking account. new fee will be $2 more at $10. customers will be able to waive the fee if they maintain a balance of $1500 or sign up for online bill bay. it's waived if customers make five transactions each month. the bank will no longer give reward points for debit card purchases. it takes place in december. >> the business of iphone repairs is breaking a new york man a lot of success. now, he wants to expand globally. the iphone doctor started his business last year in an apartment. now, he has four stores, eight employees and klaimgs claims 300% growth. customers are looking for a quick fix. the average fix is $100. he has getting lots of offers from firms but is not interested. he as his eyes on expansion. >> i started the business middle of the economic meltdown. month. >>> the company now makes i.t. calls in a dr. brendan mobile. and he has hired apple employees >>> yoga fans are taking to the streets to take over parking spots today. it's part of the annual parking day where parking spaces a

citibank will at a $10 a month feel up from $8 a month.ompany is following an industry trend here. a lot of banks are trying to make up revenue from a lot of new government regulations. he can have your fee waived by keeping at least $1,500 in a checking account. citi says it's not not to be charging people to use a debit card. >>> google, mostly a new service to help you find flights that fit your budget. mario armstrong was asked about the new service and it was fair to say this will help put google in direct competition with the expedias and the orbitz of the world. >> not only is it fair to say that, but it is beyond that. there was a deal that it was done. it kooepts keeps travel base information and many of the competitors look at the same debate. >> a lot of times they say, is this okay or does this give google a competitive advantage? ultimately, they let google buy the travel company database. >> mario, tell me how it compares, though. does it do the same things that the others do? are you getting advantages or disadvantages with

attended a first time home buyer workshop and met with counselors, loan officers, mortgage brokers said citibankica, even the department of agriculture. rural housing guaranteed loan programs. all these we did in hopes of obtaining homeownership before we turned 41. we located a home in the castro neighborhood. unfortunately, we found out more about this place. an opportunity to understand how to investigate a murder of a gay doctor. when we looked into the title, there were a number of irregularities. the married couple from the u.k. had set a price on the home five times that built by habitat for humanity. it still has a compelling selling point. [bell] within the heart of the gay community. president chiu: thank you very much. thank you very much, sir. thank you. next speaker. >> i will put the overhead projector on and keep it on for the remainder of this public comment. ladies and gentlemen, our nation is under attack. it has been 10 years since the san francisco board of supervisors came out with a resolution to close the golden gate park stables. that was september 2001. a tragic month fo

francisco's waterfront, and this is the bay area, and that they belongs to citizens and visitors of the citibank -- and that they belongs to citizens and visitors of that city. in claiming every square inch of the waterfront, what the proponents of done is say we have primary viewing areas, and they get serious about that. in order to preserve their rights, they call them secondary viewing areas, and they make things up to justify the proposed use. aquatic park is one of those identified as a secondary viewing area. if i call your attention to section 5.11 0.3 points to -- 5.11.3.2, they talk about short-term recreational uses. and they say -- accurately in theory -- that a short-term disruption does not necessarily mean a significant impact. they say if you have many bicycle paths and you restrict use of one, not a problem. they also talk about temporary disruption. that has nothing to do with the america's cup being proposed. we're talking about six weeks a one-year, nine weeks at the next year. if and when they win, at this event comes back. the course cuts off the shore line. president olagu

if there is a city bank -- citibank approach where they are waiting for these grenoble's to drop. and maybe that is not relevant for other aspects of hetch hetchy because of our public status and maybe we keep that conversation to cca. is that an option, could there be something in there for other aspects of the hetch hetchy operation? >> we are exploring is financing options for transmission facilities in particular. the tax and manage as far as being a provider, transmission provider. that is part of the $100 million plus deferred capital discussion. as far as having commodity futures for energy, i am not recommending that. we are not proposing that in any shape. what we're doing instead with the proposal is entering into a 4.5 yr predetermined fixed-price purchase. basically a call as opposed to put on the option. >> there was an entity that was assuming too -- that could assume the risk? >> it is possible. what we are all unhappy with is having their rates higher than pg&e. any time we look at something else that might have a hedge risk, and might be beneficial. we know it wil

and the citibank incident. think it's important people are now moving, reporters are now moving to the pete rouse memo which is there in full in the book which says that the treasury in cases, in instances relitigated, meaning they essentially ignored or tried to redebate issues when they disagreed with the president. i think the area of coverage now is asking the white house what are those instances, how many instances, in what areas, on what issues. because interestingly, it shows where the president wanted to do something, but treasury for whatever reason was not moving based on the president's will. >> pete rouse as a top white house official -- >> yes -- >> let me move to the broader question. there's a lot more in the book than these incidents. >> absolutely. >> these incidents are helping you sell the book, and the controversy, face it, helps you sell the book. why would these top government officials, people experienced at dealing with the press, tell you over a period of time these negative and sometim

citibank and chase bank did not comment on the protests. wells fargo did respond to cbs 5, though, with this statement: " once we take ownership of foreclosed properties, we work diligently to manage them in a manner that benefits the community until the home is sold to a new owner." >>> pg&e is testing the safety of its pipelines today ain the east bay. crews will conduct hydrostatic pressure testing along three miles of pipe from berkeley to emeryville. the pipe will be monitored for eight hours as part of their effort to assess pipeline safety after last the san bruno explosion last year. >>> more protests set for california's college campuses. professors, coaches, librarians are set to picket on november 17th at the east beltway and dominguez hills campuses to protest the decision to withhold their negotiated pay raises. >>> a bad case of the stomach flu hits uc-santa cruz students during the first week of classes. the campus counted 26 cases in the first week of classes. a majority of the cases came from dorm students who all share the

of a that's work in progress and i was going to go and just do a little small citibank today just squeeze one in i mean i'm inundated with with calls and e-mails at the moment and so it's kind of like whoa i'm shifting my priorities a little here from being a nobody who just you know does whatever they want to having to answer all this media requests which is great but yet no i mean we're going to we're going to keep it up if i get that little piece done today and and it's and it's a little gem that i'll put that up on e bay and it will be i'll price that at two ounces of silver so we'll start the bidding at eighty dollars. actually choice of currency now there's a famous phrase liar liar pants on fire so keeping in acting how about a lloyd blankfein or jamie diamond portrait with their pants on fire yeah liar liar banks on fire how about that yeah actually well now it's safer that's all the time we have for this week thanks so much for being on the kaiser report thanks for having me on max all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy

banks morgan and citibank were leveraged fifty two to one fannie and freddie were leveraged seventy two to one and goldman sachs was leveraged three hundred thirty three to one and about a year ago president obama got on t.v. and said oh you know what we just need to eliminate that nasty old reserve requirement altogether in other words three hundred thirty three to one is not sufficient for these banks only infinity will do now the problem is when you're leveraging money to that extent a once the bubble pops then you're also leveraging on the way down in other words every one every dollars dollar that comes out of the economy is multiplied. side then by that multiplication factor whether it's ten twelve fifty two seventy two or three hundred thirty three so we're going through a major deal leveraging of this huge bubble and if the economy absolutely will not come back that's why you see the specter for the first time of all this money being pumped in by the fed and not having the desired result on the economy we've reached the point for the first time in history called debt saturation