supervisor cohen's district. we grew up all around that district and i grew up in the bayview-hunters point and i hung out at the boys club as a kid and i went to school in district 5, sacred hearts school and hastings law school, which is right down the block. so i am a native san franciscan and i think my appointment is really a testament to single mothers. my mother raised four of us in the hunters pointed housing project on her own without any support from my father and at this time i would like to commend not only my mother, but other signal mothers who go through similar circumstances. we have a number of those mothers and i would like to commend those parents who acfise sacrificed. thank you for the honor and it's really nice to come home. i live in sacramento. i long for san francisco and we went to the beach and it's 80 degrees. i was here at the 9th circuit court court of appeals and thank you for taking your time to honor me and thank you very much. >> thank you. [ applause ] >> thank you very much, su

they're ttying and steve cohen isarget and doing anything they can to get steve cohen.tatute is runningut they have until jy 20th of 2013 two months away to go after steve cohen. they're trying it increase pressure to get smeone to turn. lissa: speaking of pressure, i don't understand why matthew martoma is not flipped on him. he is looking at lot of j time. do they have al solid case? unless he is physically scared of steve cohen i don't understand. >> that is great point. you would think he would cooperate but apparently he is not. other thing i want to say real quick they're thinking of using rico, i like to say whatichard said about, against the entity, against thhedge n and not the individuals. that turns into a situation where they can extract a lot of money, $500 million, just using that hypothetically and, it's good obviously for the u.s. treasury. and --. melissa: would be more than that. >> in terms of cohen. that's a possibility. melissa: is that an effective strategy you think? >> i think it is a strategy. i don't think it is effective. back to marma. in mar

you know with cohen.ng intact the entire system that both rewards this kind of behavior and also -- encourages sort of the more legal version of it. >> well there's a question of insider trading is illegal, right. >> very hard to prove. >> very hard to prove and very hard to nail the guy. at the top with it. but we also know that you don't produce returns at this scale over time without insider trading. it's sort of not possible. it would be an incredible run of luck. and it doesn't -- hedge funds aren't doing that. so we know the firm was engaged, was producing profits from insider trading what i don't really understand is why they don't indict the firm. why do they settle with the firm and go after the head, bethany, i guess a good question for you if you're still with us. is -- why do they go after the firm? >> you've got you're mixing and matching two different investigations. the securities and exchange commission settled with the firm over two specific trades. there may be more. the justice departme

. >> you could argue steve cohen has already been destroyed. even if the government forever brings charges he'll be forever smeared by these allegations and even if they do bring charges, hedge fund guys would tell you they traffic in the gray areas all the time. that's the definition of the job. so when does the gray cross into the black. what makes everyday behavior become illegal? those questions are interesting. >> rose: we conclude with andre gregory and cindy klein >> that's a good question. i don't know if i have a philosophy about anything but i do believe that once trust an actor -- i fall in love with an actor, i don't audition them. and once i trust them i feel they know where to go. i read a wonderful article about mohammed ali. and he was with he was in the ring his trainer would say "i live them a left, i give name right." he never said ali was doing it, it was me. so i'm in there with the actors, in their bodies, in their souls. but i don't believe in telling them what to do. nibble them. >> rose: david barboza, bethany mclean, b

>> aye. >> chiu aye. >> supervisor cohen. >> cohen aye. >> supervisor farrell. >> aye. >> supervisor kim. >> aye. >> supervisor mar. >> mar aye. >> supervisor tang? >> aye. >> tang, a. >> supervisor wiener. >> aye. >> supervisor eyree? yee? >> aye. >> supervisor breed? >> aye. >> the motion is approved. >> } item 18 an ordinance authorizing sexual harassment a lawsuit filed by ctia against the city and county of san francisco filed on july 23, 2010 in the united states district court northern district of california entitle identified the ctia, the wireless association v. the city and county of san francisco. >> supervisor >> avalos. >> thank you, president chiu. colleagues i will not be supporting the settlement and i i believe that the rules was around free speech rights and the city's neat to prove without a shadow of a doubt, cell phones being harmful to people's health, as well as the fcc ruling that that happened to be the case as well. i can't support the settlement based on a ruling that i believe was way too extreme and so therefore, i will be voting no. >> supervisor campos.

i want to note that supervisor cohen has joined us. can you please call item one. >> item one is a public utilites commission for the pacific gas & electric company of the watershed lands lands for $2,200. >> so this item is the sale of puc land andisement rights to pg&e. it's in unincorporated san mateo county county. it facilitates gas repairs pg&e is making in the area to install a valve. the purchase price is 2200 for the easement rights to be conveyed to them. the puc commission approved this on april 9. it has a general plan referral dated may 7 showing conformity to the general plan. it has a categorical exemption from ceqa and i am happy to answer any questions about this. >> any questions? okay. i will open it up for public comment. is there any public comment for item one? seeing none public comment is closed. could we have a motion to forward this to the board with recommendation. >> so moved. >> okay. can we take this without objection? that is the order. item two. >> item two is an ordinance to provide bottle filling stati

. >> president chiu: supervisor cohen. >> supervisor cohen: well perhaps we could revisit the possibility of inviting city college to have a seat on the joint committee. it is an idea that supervisor chiu and i spoke about two years ago when i was chairing the committee and it would makelogical sense because you have embers of the board of supervisors , members of the school board, it would only make sense that we have our public educators educating all students that we continue in that vein, that we are encouraging the continuing of public education. maybe that is something no debate that we can take up but we can begin to address some of the disconnect through this particular committee that exists. >> president chiu: supervisor campos. >> supervisor campos: speaking up on this point, i will be happy to introduce things that allows us to do that but we have to make sure that the trustees of city college are on board and i think that before we could do something like that i would want to have a conversation with them so that for this to work for a select committee if that is the route tha

thank you. >> thank you. >> anything else supervisor cohen? >> i believe this legislation strikes the balance of providing the right notice for the neighbors and the work occurring in the community. while not creating too much much a burden on the planning notification requirements for the planning department or the owners of the parcels. i would ask for your support on this measure. >> thank you. madam clerk is there any public comment cards? any member of the public would like to comment? yes, sir. please come forward welcome. >> good afternoon supervisors. my name is dick molet and i want to thank supervisor cohen for this ordinance. our approximation is notification, notification, notification. even with notification we overlook things that are happening all the time so it's very important that any notification that comes up is approved. i support it. thank you very much. >> great. thank you very much. is there any public comment on item three? seeing none public comment is closed. president chiu could i have a motion to forward item three

i want to thank supervisor avalos and supervisor cohen that it will be here in a minute. your budget chair is supervisor farrell, i want to thank him as he will have a lot of meetings. and i want to thank the different departments represented here. you can see them, we will have a chance to identify them in a minute. again we will give priority of time to the residents, to the nonprofits, to people who work here in the community in district 10/11, to express what you think our budget should reflect. this is an important part. this is the second of at least five or six we are doing throughout the city. to give people the opportunity to tell us what their priorities are. and then we will work those into how we make decisions about our budget in the city. i wanted to begin by saying we are better and better each year. doesn't mean we don't have a deficit. we still have a deficit in the budget. this year coming $123 million, and the second year in the budget covering 2014/15 has $256 million deficit. we are not out of woods. but these numbers are better than $500 million and

the clerk: reed, campos, cohen, ferrel, commissioner kim? mar, tang absent, wiener absent, yee passes. >> next item? >> is there any additional public comment? seeing none, public comment is closed. item no. 6 -- campos, avalos, chiu, cohen, commissioner kim, mar, tang absent, wiener absent, yee, item passes. >> next item no. 7. item 7: appoint wells whitney to the citizens advisory committee action >> no comments from commissioners? is there any additional public comment? seeing none, public comment is closed. >> same house, same call. the item passes. next item. >> item no. 8. item 8: adopt the bayview hunters point mobility study final report and business plan action >> okay. thumbs up from commissioner from this point and we'll go to public comment. >> good afternoon commissioners, i'm a member of the cac. this item was brought before us at the last meeting. i suggested you have someone from the san francisco housing authority as far as the working group is concerned has been working on this project, there is a project hope is an umbrell

breed present, campos present,chew present, supervisor cohen present, mar present, tang present, wiener present, yee present. mr. president, all members are present. ladies and gentlemen, could you please join us in the pledge of allegiance? could i madam clerk, are will any communications. >> i have no communications. >> if you could read or consent agenda. >> these items are considered routine unless a member on thes. >> would anyone like to sever any of these items. seeing none, roll call vote. >> chew i, cohen i, farrell i, kim i, supervisor mar i, tang i, wiener i, yee i, avalos i, breed i, campos i. there is 11 i's. >> those ordinances are passed and approved. >> item six is an ordinance recognizing small business month in may 2013 amending the planning and building codes to waive fees for the month of may for improvements /-fpt . . >> this ordinance is finally passed. >> this is an ordinance authorizing the settlement of a lawsuit -- the wireless association versus is city and county of san francisco. >> roll call vote. >> chew i, cohen i, farrell i, kim i, mar i, tang i, wiener

. >> colleaguings would you like to chiu i, cohen >> i actually would like to sever item 29. >> cohen i, farrell i, kim i, mar absent, tang i, wiener i, yee i, avalos i, breed i, campos i. there are ten i's. >> if we could rescind that motion. >> chiu i, cohen i, farrell i, kim i, mar absent, tang i, wiener i, yee i, avalos i, breed i, campos i. >> item 29. >> resolution [inaudible] 622. >> supervisor cohen. just wanted to take a couple moments to talk about this. [inaudible]. acceptable nate bill 622 is sponsored by senator [inaudible] obesity prevention. i ask for a little bit of time because in regressive tax it's a heavy burden on lo income and working class people, even if it is just a cent. i wanted to do i have -- dive down a little bit more. approximately the state board of equalization will collect 1.6 to 1.7 being dollar s in the first year of this particular tax and it's a tax for ten years time to expire in 2024. it's already passed in two committees and will be heard in the appropriation committee on the state level. these dollars will be put into a state health fund and

he told me that they were going after cohen.mplained to fox management that we ran the story. ashley: is that right. >> they complained. we were wrong. i was being unfair. i'm telling you --. ashley: now look at it. lori: inside word and last word from charlie gasparino. >> listen, i know the guy. i think he is a decent guy. i don't want him to get indicted. it is not me wanting, but me reporting that the feds are looking into it. that is different here. he is nice man. very charitable. i'm telling you he is. lori: thanks, charlie. ashley: thanks very much. as we do every 15 minutes let's check the markets, keith bliss on the floor of the new york stock exchange. today we're kind of drifting a little bit. are all eyes on bernanke on wednesday what he may have to say. >> that is the most critical thing that we'll be watching this week aside from the durable goods orders on friday that indicate, certainly what we'll be look at on wednesday. we'll drift back and forth across the zero line today and probably tomorrow. but the market

>> i agree with you, supervisor cohen. i think my desire is to move the names forward that i originally mentioned and to continue seats 4 and 5 to the call of the chair, and that will allow for more time for the positions to be posted. and at that time, if there are any other members on this list whose names have not been moved forward, they can apply for other seat positions and we will hear this again at a later date. >> okay. in making a motion, would you like to also waive -- motion to include waiving the residency requirement for seat 6? >> yes, i would. >> okay. >> second. >> second? >> um-hm. >> with no objection, then, motion passes. [gavel] >> so -- >> we're continuing seats -- >> 4 and 5. >> 4 and 5. >> that was part of supervisor breed's motion to continue those seats as well. >> just want to make sure that it's clear. thank you. thank you for people coming and choosing to serve the city. and we're -- i guess, madam clerk, item 4, 5 through 8? >> yes, mr. chair. item 5 through 8 are regarding litigation. would y

, would like to -- >> supervisor cohen: he shook his head, no. >> president chiu: mr. benson said that he is in support of the proposed amendment. supervisor kim has seconded. supervisor wiener wold like to comment. >> supervisor wiener: in terms of this not setting a precedent, can you elaborate on how that occurs. i am curious to know. >> president chiu: mr. benson. >> brad benson with the port of san francisco, the concern was raised by peter cohen, san francisco information clearinghouse involved in the broader citywide discussion about the potential use of ifd in other areas of the city. the policy constructs are different for the port; we are using all of ifd to pay for new infrastructure; in a broader city context there was discussion to use

supervisor cohen. >> supervisor cohen: i believe the concerns are reflected and addressed in the amendment. we all agreed that city college is an important institution in our city. they provide high-quality education to members of all the community ; the role is particularly influential with low-income immigrant communities as well as folks that are just continuing education. i like many others have been very concerned with the future of city college, and collectively we should be doing everything possible which includes passing the resolution today, is a work the college through its efforts to achieve accreditation and to ensure that it continues , to provide high-quality affordable educational opportunities . for everyone i believe the resolution strikes the right balance in articulating the importance of the city college's effort to address its budgetary shortfalls, respect the will of the voters who also passed prop a, and provide the city an opportunity should be choose to do so, to lend any financial support to the institution. i am actually here to state that i am in support of the

. >> supervisor campos: present >> president chiu: present >> supervisor cohen: present >> supervisorim: present m1 >> supervisor mar:present >> could you please join us in the pledge of allegiance. we pledge allegiance to the flag pl3 of the united states of america, pl4 and to the republicpl5 for which it stands. indivisible,pl6 one nation, under god,pl7 with liberty and justicepl8 for all. >> president chiu: collies we have our march 19th, 2013 board minutes. could we have a motion to approve. second by farrell. minutes approved. madam clerk clerk you have any communications? >> no communications. >> the mayor may address the board for five minutes. follow-up questions are in order as long as the entire discussion does not exceed five minutes per supervisor. >> president chiu: thank you madam clerk, we want to welcome back mr. mayor back to the board chamber. >> mayor lee: good afternoon supervisors and members of the public. i would like to begin my remarks by mentioning of course the tragic and unspeakable events that occurred in boston last week. our thoughts and prayers go out

steve cohen is subpoenaed. we have that ahead.. we'll tell you what it's doing to gas prices live from the c.m.e. coming up. [ male au're having triplets. [ babies c crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car eds a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. om td ameritrade. cheryl: we want to show you live pictures coming out of houston. there it goes. the united 787 dream liner, now taking off from houston. this plane is on its way to chicago after four months of being grounded. 787 once again, now back in the air officially as you see it live on your screen. remember, united is the only u.s. carrier that operates the 787 in the first quarter, they were hurt $11 million in losses based on loss in cancellations and delays of the 787 but here we go. this plane is off and running, out of houston, texas on its way t

i am almost on the side of steve cohen now. starting to feel sorry for him.e a half-baked drama and rip from the headlines, is everybody father getting that he hasn't been convicted? he hasn't even been charged. that doesn't matter. >> never matters, particularly in hollywood, does a lot, they convict a whole lot of people in a whole lot of industries. you think you're upset with this one, wait until the wolf of wall street comes out you talk about glamourizing these thing. it is interesting they do these things. when it is all said and done, a lost times people would not be on steve cohen's side but they come away, say, you know what he did, not necessarily was so bad but interest is way of doing that. there is s still a glamour aspet to it and night not be so bad if i could do it and get away with it. melissa: you say they glamourized it rather than making it a criminal thing. that is r very true. let me back up, harvey and bring you in.s is this fair? he hasn't been charged. he hasn't been convicted. we don't know if he has done anything wrong but hollywoo

steve cohen got a subpoena, right?erally you don't subpoena targets, if you're a direct target of a grand jury investigation. my view is there is a dual track that this information's going on -- investigation's going on the. they would like the portfolio manager indicted for those suspicious trades back in 2008 who made the suspicious trades right before he had a phone call with steve cohen. they think that is key to what insider trade. that's their main focus. as a side thing, they're looking at potential rico charges and maybe closing down the fund. and that's what these subpoenas kind of give you more sort of -- it sheds more light that that is another strategy. i will say this, you know, here's the other thing that i think viewers should consider when they're following the story, so much of what we, what we're saying, we don't know the full story here. and i'm doing a book on the relentless pursuit of steve cohen, it's called "circle of friends," it's coming out in a month or so. i talked to a lot of former justice

seeing none, roll call vote. >> chew i, cohen i, farrell i, kim i, supervisor mar i, tang i, wiener iyee i, avalos i, breed i, campos i. there is 11 i's. >> those ordinances are passed and approved. >> item six is an ordinance recognizing small business month in may 2013 amending the planning and building codes to waive fees for the month of may for improvements /-fpt . . >> this ordinance is finally passed. >> this is an ordinance authorizing the settlement of a lawsuit -- the wireless association versus is city and county of san francisco. >> roll call vote. >> chew i, cohen i, farrell i, kim i, mar i, tang i, wiener i, yee i, avalos no, breed i, campos i. there are ten i's, one no. a: /ord >> ordinance is passed. >> purr >> any discussion? roll call vote on this item. >> chew i; cohen i, kim i, mar i, tang i, wiener i, yee i, avalos i, breed i, campos i. there are 11 i's. >> this ordinance is passed next item. >> this is a /orbd /tphapblgs regarding the health code to raise patient rates charged for mental health services. >> this is passed on first reading. >> item ten, award in 7

they're telling some investors that cohen, steve cohen, the head of the firm, the guy that received aubpoena last week, the guy that may face rico charges as we've been reporting that he will survey this. he will not, feeling internally be charged criminally. they think they will pay a large fine at least according to insiders. when all is said and done they will end the justice department's probe. this is from the manhattan u.s. attorney's office. they will end by paying a large fine with cohen not going to jail. at least that he's what the insiders are saying. what is interesting, one insider telling fbn, things are going better than what the press would have you believe. essentially means they don't think they will get massive redemption requests a lot of people say they will. the redemptions could come in june. a lot of investors are taking a wait-and-see attitude to see how bad this is. we should point out that sac told people, signaled to them. the investigation, u.s. attorney's investigation prompted with a grand jury subpoenas with steve cohen and other. >> three senior execut

the clerk: avalos, breed, campos, chiu, cohen, ferrel absent, commissioner kim? mar absent. tang? wiener, yee, the item passes. >> thanks very much. next item. >> information item. 3. >> thank you. today my chairs remarks will focus on our trip with commissioner wiener and legislative aids, chiu and cohen took to mexico city. i tdp, a non-profit organization which promotes environmentally transportation to see projects in mechanic -- mexico city that guide the design of rapid transit. i was amazed to see the bus line that moves about ten times the amount of passenger. during rush hour it runs 72 trains an hour. the metro bus has been able to get a number of people out of their cars and onto transit to provide an alternative that moves quickly and reliably. there was an excitement in pride in mechanic -- mexico city. i think we can see what the solution is when these cost are implemented. i'm glad to see this design in front of us today. we should provide whatever support to implement this in the city. i'm also in couraging the bike lane and bike sharing system has been increased b

(applause) >> supervisor campos and supervisor malia cohen. not going to speak too much because i know the nominater took not only is she a part of this community, but she has taken the time to really outline all the achievements of the community. but i will say on behalf of my boss, amy cohen, the portola never had a drop down on the yelp. it never had a drop down on the cdbg grant application process. and they used to have t-shirts that said best little neighborhood you never knew. so, i'm going to bring up lindy lynetsky from dpw. (applause) >> we stole all her lines already. >> yeah, stole all my lines. you just stole another. all right. tonight is called the portola sweep, right? [cheering and applauding] >> i know there are several people here tonight who nominated the portola as the come back neighborhood of the award of the year. neighborhood of the year award. i'm sure there were several nominaters. so, i'm very humble to be able to present my nomination and the reasons why i think we deserve tonight's award. i'm a relative newcomer t