he was responsible for robbing the city bank, the wells fargo on grant avenue as well as the east-west bank, and the city national bank. >>> oakland investigators looking into the shooting of a 6-year-old girl say they are growing frustrated with the lack of information coming from the community about the case. kron4 paid a visit to the little girl who was recently released from the hospital. >> my mom waked me up, but it did hurt. >> reporter: 6-year-old lesley ramirez is home from the hospital recovering from a gunshot wound after someone opened fire in this bedroom where she was sleeping in their home. officers told me that lpd is concerned that immigrants might not be coming forward with information. >> oakland is a sanctuary city. we're not interested in finding out anyone's residency status. and you will not be asked questions during any police contacts. we need the public to get behind us on this case. so anyone that has any tips, no matter how big or small, that smallest tip could be the tip that cracks the case. >> reporter: lesley's mother is pleading for witnesses to help po

node to know all -- need to know, all of the banks, bank of america, wells fargo, city bank, and my least favorite, chase bank, need to pay close attention and understand that a small group of committed people at most holy trinity catholic church has caused the 10th largest city in america to change its business practices. >> here in san jose, there are 2800 homes that are bank owned or in default according to organizers of the event and it comes on the very same day that bank of america on a national level is admitting mistakes in the foreclosure process. the bank is denying that for quite some time today admitting that and showing that the researchers are not forclosed upon in error as a result of those mistakes. >> mark in san jose, thank you very much. >>> the 49ers, getting free rides on taxpayers dime? the push to crack down on the personal chauffeur service. >>> chemo, radiation, hair loss, if you're a parent, how do you explain to your kids that you have a cancer? a new book by a bay area mom. >>> and today, plenty of sunshine outside. and you know what? we deserve i

he is responsible for robbing the citibank, wells fargo, east west bank, city national bank. dwood city. emergency crews still on the scene traffic barely getting by we will get the latest on this from traffic desk in a by we will get the latest on this from traffic desk in a moment. serving on the board of goldman by we will get the latest on this from traffic desk in a moment. sachs, whitman was caught reaping millions from insider stock deals. after ebay shareholders sued and a judge cited the obvious conflict of interest she was forced to pay the money back. what kind of person would be involved in deals a fellow republican congressman called corrupt? and in her last year at ebay, whitman paid herself $120 million right before the company laid off 10% of it's workers. we're choosing a governor, shouldn't character matter? omangry peasants can mess up a i parkcar really bad.tle at "medieval knight fest". matt, my mercury agent, helped me file a claim right away. turns out mercury not only saves me money, but they also cover medieval mob damage. they got my car fixed in no t

bank stocks rallied on citi's results. still, there are continuing concerns about the impact of the foreclosure crisis on banks, and freddie mac and fannie mae. we have two reports. we begin with suzanne pratt in new york. >> reporter: bank of america, citi, j.p. morgan chase and wells fargo. these are the banks with the biggest potential exposure to what's now being called "foreclosuregate." but just how much could faulty mortgage foreclosures cost the u.s. financial sector? on wall street, the range of estimates is staggering. jp morgan's own research staff says, worst case scenario, the price tag could reach a hefty $120 billion. that would cover the expense of buying back mortgages. most banking experts, however, are projecting losses closer to half that number, over a period of several years. s&p analyst erik oja puts the cost somewhere in between financial fiasco and minor blip. >> at this point i'm not sure if it's a minor blip. i'm sure that as these banks go through their foreclosure pipeline, they will find instan

it would happen, he had to put the whole thing together, and he reached out to some partners in city bank, and we got some folks in stanford, university stanford university interested -- we got some folks at stanford university interested. all these groups said, "we love this idea." de gates foundation said they were interested in the idea, and we are here because all of that has come together. the notion is simple, and i will not take up much time except to say this -- once a mind is stretched, it never goes back to its original form. if you can create that quality of imagination, you can give kids as young as kids that were just a year, a kindergarten, thinking beyond lunch and beyond recessed and talking about a college education. that has a transformative impact on their lives. do not underestimate the notion of a mind that is stretched. if you cannot think it and cannot see it, you can never necessarily be it, but if you start thinking and talking about things, the remarkable thing about life -- it tends to manifest. the one thing manifesting now is to think about something you can n

next headline oh this is an outrageous story you in there listen to this story in the osama bin citi bank suicide banker reveals trillions more in financial c4 ready to take out major american cities so this is of course ahead by written by yourself max but you're talking about richard cohen who is a former senior vice president and business chief underwriter with citi mortgage and he told the financial crisis inquiry committee that in mid two thousand and six i discovered that over sixty percent of these mortgages purchased and sold were defective because citi have given reps a warrants to the investors that the mortgages were not defective the investors could force city to repurchase many billions of dollars of these defective assets this situation represented a large potential risk to the shareholders of citi group but of course the shareholders of citi group are always say jump to the suicide bankers right and remember now i think majority of citigroup is owned by the american people seventy five percent of it is and after richard bowen wrote this in a letter to robert rubin who was t

banks who do right by our homeowners. we're taking the lead. we open other cities will follow as well. >> bank of america says it's completed 700,000 loan modifications since 2008 and that foreclosure is always the last option. weakness in bank of america pushed the financial sector into negative territory. but at the closing bell, the dow closed up at 11,164. the nasdaq finished the day up 11 points. >>> it may be sunny but 300 bay area pg&e customers lost power today bringing back memories of last night's troubles. the power outage paralyzed two b.a.r.t. stations, the oakland police department and the fire station for hours. the question now, what happens to the backup system supposedly in place? patti lee joins us now. she's in oakland with the story. patti? >> well, julie, it turns out there are backup plans in place. according to b.a.r.t. and the fire department they worked. now, that's very different from the situation on the east shore highway for the companies who lost power today, their generators kicked in within seconds. >>> at target, the lights were di

. >> and this is to make investment autos citi bank agreed to set up accounts free. they'll open december 1. >> and a few people may be able to grow marijuana legally in oakland. still head tonight, what it will take to become one of the people. >> also, this evening a look at some of the owe contaminants fouling up the bay. what they are, and where they're coming from, why we're all to blame. >> and summer didn't get here until fall. now, winter has arrived early. the snow that has been falling in the sierra. >> what does it mean for a product to be recommended by consumer reports? consumer reports? that is what we' [ whitman ] they say california can't be governed anymore. i say baloney. this state belongs to all of us. we just have to decide we want to change. i know government isn't a business and it shouldn't be, but the same values of accountability and focus that make california businesses among the best in the world could do a lot to fix sacramento. i'm on a mission to create more jobs, stop wasteful spending, and improve our schools. let's get to work. ♪ >>

. >> city bank has agreed to set up the kids' accounts for free. they'll open december 1st.gen here now with what is arguably one of the best weekends in terms of the weather. >> yeah. it's gotten pretty warm out there and we're not done yet. the warming trend continues. we're starting out clear and temperatures are in the upper 50s outside our studios and 60s elsewhere so we're warmer and we're going to see another beautiful afternoon but the warming trend, that continues. your forecast coming up. >> thank you, lisa. the site of an [ female announcer ] this is a strawberry pop tart. but this is warm, fresh-baked strawberry toaster strudel. [ music ] see the difference? pillsbury toaster strudel, the one kids want to eat. and these e the ones you'll love on a school night pillsbury ham and cheese crescents with just a few ingredients, you have an easy to make dinner. they're crescents for the other 364. try them tonight. >> the oakland rent board has rejected an appeal on the wildlife rescue center facing eviction. we first told you about it in july that the animals were in

city bank patch, first pitch at 4:57 and if the giants win they'll be facing the texas rangers in thenight the rangers he wi eliminated the new york yankees. >> good morning. the texas rangers are heading to their first ever world series after beating the defending champion yankees last night. the rangers took the series four games to two and closed it out at home. two out in the fifth, texas breaks a one-all tie. a shot of hughes. double brings in mitch moreland and series mvp josh hamillton. replaced hughes and the next batter nelson cruz breaks it open with a 2-1 blast. cruz had been questionable because of a hamstring injury. he gets derek jeter in the 8th. one run over eight innings, he struck out seven. the game ended with the former ranger alex rodriguez looking for the final out. 6-1 was the final in their 50th year of the franchise, the texas rangers headed to their first ever world series. >> i keep saying the same thing over. it's not the best team that wins. it's the team that place the best that day. that was quite a few days we played better than the teams we played and

there will private bank and the city national bank. >> the time the 6:52 a.m.e right back with more in just a few minutes. the sec a look at the mount kem it is all little windy, there is a word in our department that there will be rain. we will bury back.be right [ lisping ] i lost my front tooth the other day, which would be great... if i was seven. i'm forty-six. and the tooth fairy doesn't come when you're forty-six. just lots of referrals and appointments and bills that cost tons. maybe i'll keep it... it adds character... right? [ male announcer ] losing a tooth is a big deal at any age. that's why we offer dental coverage. blue shield. 656 right now taking a look at the seven day of around the bay. there's a chance of showers with us today but gone tomorrow. we start our warm-up into the weekend and by saturday we're looking at that made it too low 80s. we just need to get through some awesome ability today and will step up >> supervisors are approving a non-binding it turned sheet to host the sailing race. we have been competing with spain and italy for

a bay area city is punishing bank of america. what city that is and what they are doing next. decision 2010 with eight days until the election. a new poll indicate who is could be the next person running the state and back in the bay, the jips back at home and they have a lot of work as they prepare for the world series. we will take a look at what's in store. ê i'm among 30,000 employees who used to work for hp. i was supposed to retire there. carly fiorina changed all that. [ cheri ] fiorina laid off 30,000 people. and she shipped our jobs to china. and india. i had to pack my bags and i was out the door that night. we even had to train our replacements. she didn't need 5 corporate jets. [ farrell ] one hundred million for herself. fiorina never cared about our jobs. not then and not now. [ boxer ] i'm barbara boxer and i approve this message.

. >> starting in november city bank is testing a new high- tech credit card and our internet reportedlyht immoderate tells us about the it features and how they will cost more money. >> they're called tucci credit cards and it tiny lights and buttons which the seed to is when you wanna make a payment if you want to use a credit aspect or it rewards. nra's on board the card. i read a blot on time dog, says that it could have more fees and it does not know how much it will cost and there might be more annual fees tacked onto appeared is also raising questions along plastic cards are born to be around. there's a new technology that can turn your cell phone into a virtual what a lot of companies are looking into this like visa and mastercard in april. >> i live look aside from eric m. cloudy conditions right now that it will be dry for the most part. more details come it is a minute. this is six and a minute. live (music) this is kron4 news is at 6. >> it 6:00 policing, where investigating the group some discovery. human hearts discovered in of glass jar underpinned with the photographs of

supervisor avalos: that is not city alone. >> the bank of america owns a building on market street between 11th and 10th. that is a property owner with a complex structure for decision making. they are in north carolina. we have kind of gone through the local management company for responding, but they have to send it to north carolina for the final approval. supervisor avalos: i would imagine that with other community benefits district growing, what has been the history of their participation in san francisco? >> a good question. i would have to verify this, but the smaller branches did vote in favor of participating in that particular c b v. supervisor avalos: running up the corporate ladder as well? >> i would assume so. but sometimes the bank ownership changes since then. i do not know if it is the same decision making structure that used to be. supervisor avalos: i am being told that they have not signed in west portal. citing a condition for one on to the other. any other major property owners that are pending? >> i am sure that there are. that would be one of the largest ones. there

we hope other banks will follow. >> reporter: the city said it withhel $500 million in bank of america, instead of investing in other banks in the federal assistance program. >> i need to tell you some days it's hard to live through this but today is a good day. >> reporter: bridging home for annie nguyen. >> i feel so powerful. i feel like they have to look at the problem. >> reporter: bank of america responded saying it's completed 700,000 loan modifications in the past two years. it says foreclosure is always the last option. meanwhile, this church says the fight tonight is just beginning. live in san jose, maureen naylor, ktvu channel 2 news. >>> new figures out show sales of previously-owned homes rose 10%. that's according to the national association of realtors. but the group says sales were still down 19% from the same month last year. the report follow as dismal summer. analysts say sales in the near future will remain well short of healthy levels. >>> all of those sales helped with modest gains on wall street today. [ closing bell ] >> in addition to the encouraging home sale

banks to mitigate foreclosure. >> because of the social investment policy with the city of san jose will be diverted. are you ready? almost $1 billion out of the bank of america. >> each foreclosure costs the city thousands of dollars. while our city has to make extraordinarily difficult decisions of what to cut to balance our budget. >> the activists, called on bank of america and other big banks to freeze foreclosures. to write down the loan principal for struggling holders and modify loans and approve ownership for foreclosure. >> and difficult economic times will make this a difficult christmas for retailers. the latest holiday spending forecast. >> according to a new gallup poll americans are not prepared to splurge this holiday season. they are preparing to spend $25 less than last year. $715, compared to $740, last year. on the plus side, it is better than the two previous years. here is the trend the last two years, from $907 = 20 07. and then, a steady decline, the one in nine families will spend more this year. one in four will spend, less. >> this is the first of three on hold on spending k

. >> i'll go 80 in the city, banking on because i think a sea breeze will come in. right now, very high and still. the only stopping us from warming up more than these temperatures would be the higher clouds. 77 in mount tam. incredible warm air aloft. today will be just as warm as yesterday. mid-50s for some. vallejo, crockett pleasanton, san carlo, 63. they've gone up a little bit. 40s and 50s and 60s from eureka to ukiah. they were 45 at this time yesterday. 49 monterey with some patchy fog. 80s down on the desert. a lot of fog in southern california. producing some of those higher clouds. that system to the left of your screen will eventually make it by tomorrow. today, mostly fair, warm to hot. also, these higher clouds throw humidity into the mix. 60s, 70s, 80s. by the beaches, 80s, 90, low to mid inland. the fog is on its way tomorrow. we'll see a big cooldown saturday. definitely cooler sunday, monday. >>> new tests are showing, santa clara's county -- santa clara clair county's dam is at risk of collapsing during a major earthquake. anderson reservoir could

city. we know that this is the right thing to be doing. it is good business for the bank, the city, and account holders. >> there are no minimum balances or fees for the parents who have these accounts. those 25 students, those are 25 potentially future college graduates, hopefully bankers of san francisco. for all of us, it is an investment over time. they all seem like good clients for the future. >> just to put it in perspective, $20 a month, you will have $14,000 when they are 18th. -- 18. that is not bad. i know that is a lo of money for some people, but when you kept on hearing today -- which is an important part of what is happening today -- the flat former notion. this is not what we are announcing. we are announcing a platform that can be built on. earn is going to match $100 in savings. who else is out there? citibank says no minimum, no cost. who else is out there? stanford is looking at this. who else is out there? this thing can be built upon. if you are a philanthropist in san francisco and you do not know how to give back to the city, maybe you can put up $

. >> city bank has agreed to set up the kids' accounts for free. they will open december 1st.n here now to talk about the beautiful weather above normal temps. yes. very little fog as you head outside this morning. you see the beginning of the sun or the dayrise or sunrise i should say. 7:14 is the official sun up and we'll see another warm afternoon getting quite hot for next week. i'll have your forecast. >> also ahead the pride of an urban rescue center. >> the oakland rent board has rejected appeal from a wildlife center facing eviction. we told you in july the animals were in trouble. many of you stepped up to help. but the center is still struggling to find a home and the head of animal control is worried the city may lose a critical last resort for urban wildlife. here's dan ashley with the assignment 7 report. >> summer is winding down now but this wildlife rescue center is still packed with babies. these two--month-old raccoons were discovered outside a home in piedmont. >> for about five days they were crying and there was no sign of the mother. >> this baby squirrel

the bank is now under investigation for widespread illegal home foreclosures. last december, the city officials unanimously voted for bank loan modification record which means this year bank of america is deprived of millions of dollars from the city. two bay area groups are working hard to hold big banks accountable. they are pico national network in oakland and most holy trinity pact in san jose. >>> being able to move away without having to pack a thing, might sound great to some people but in campbell it is what residents are fighting against. this week the city of san jose will begin the process of an nexting over 100 acres of land that include a neighborhood in campbell. campbell residents will protest that decision outside san jose city hall on tuesday. residents tell the mercury news they feel like the city of campbell is being quote, poured down a drain. official say this is a good thing because police will be able to respond to emergencies more quickly. right now campbell is home to about 1,000 people. in antioch, a school district faces state intervention. antioch unified h

israeli troops have killed two senior hamas militants in a raid on a house in the west bank city of hebron the israeli army say they were wanted for their involvement in a tux against israelis last month for israeli settlers were killed when palestinian gunmen opened fire on their car near hebron the hamas military wing has issued a statement vowing to a vet avenge the deaths of their members the operation has raised tensions as peace talks remain in serious trouble over israeli settlement building. a russian rocket with the u.s. astronaut and two russian cosmonauts on board has blocked it off successfully willing to national space station is the first flight for the morning guys so you spacecraft and it's due to reach its destination on sunday tom bolton was at the by canoe cosmodrome for the. baikonur has been the site of rocket launches for about fifty five years this year its anniversary it's also been the site of soyuz launches for decades but guarin free from here and now this soyuz rocket is an advance upon a long line of previous ones one thing that hasn't changed several decades i

israeli troops have killed two senior hamas militants in a raid on a house in the west bank city of hebron the israeli army said the militants were wanted for their involvement in attacks against israelis last month four israeli settlers were killed when a palestinian gunman opened fire on their car near hebron the military wing of hamas has issued a statement about. the operation has raised tensions as peace talks remain in difficulty over israeli settlement building. a top north korean official has made the first public statement indicating that the son of leader kim jong il is likely to eventually succeed his father as the next ruler kim jong il took over as north korea's ruler in one thousand nine hundred ninety four when his father died in what became the first hereditary succession in the communist world the announcement comes as the country begins celebrating the sixty fifth anniversary of its workers party government officials say the celebrations will be the biggest of their kind in the history of the nation. and thirty three miners trapped deep underground for more than two month

public integrity twenty five of the sleaziest subprime lenders were backed by the biggest banks in the united states citi group wells fargo j.p. morgan chase and bank of america together the financial times reported they originated one hundred billion dollars in sub prime mortgages between two thousand and five and two thousand and seven almost three quarters of the total. what i did in the mortgage industry i first got involved in about letting them be i was a loner originator. and during that time what i had seen was nothing short of amazing in terms it was very predatory the techniques that were being used the salesmanship that was being used to gimmicks on the loans and how they were structured it really disturbed me catchall to this and how they could get away with that is people here full disclosure depending on the lending institution you went to in other words a bank a broker or a way in the institution or three different all three have different sets of regulations that govern them and so full disclosure it wasn't necessarily important to the loan itself just get them to sign on the dotted line