they bounced off of each other; they tell us, oh, that is the cta's problem, talk to them or the cta will say, talk to the mta, but to the general public it is one agency. hopefully during the year we will get that narrowed down, and make it a little easier so hopefully we won't have to be experts in government policy and government dealings to be able to deal with them. it is a big problem. a question for all of us is, what is the mta and the cta -- sorry, repeating myself, does the mta integrate of the plants with each other? in my area, polk street, there is something called the vaeness plan (sounds like) they will take up parking, take out left turns, all kinds of things but that plan has nothing to do with the plant they are looking at on polk street, window is only one block away. the cta says what happens on polk street has nothing to do with the vaness plan. a spokesman for the mta says that what happens on polk street has nothing to do with vanesse. it is almost like saying, the city doesn't have anything to do with the golden gate bridge at cousins not our agency so we don'

characteristic for the next executive director of the cta because they have got a lot of moving parts their dealing with. some they are in the lead position on, others they are not going to be in a lead position. so they have to understand how to lead from the rear and from the front and they have to be a good member of the team and good bench player but also a good star player. they have to be able to put all those roles and that's something that bret spoke do to about one of those core competencies. and this person has got to have some humiliation to them. they can talk and interact and they have to really care about transit, transportation, optimizing mobility and all the core values that we share here in san francisco. we loaded up on a lot of that terminology. it may seem at times redundant. we want them to hear words over again as they look at this brochure. and then we talk about the application process to be considered. we did not include compensation here. we are going to put in an insertion about the compensation. we won't put the salary range in the profile but we will put

why would cta overrule something for mta? why would they be told that's a cta issue? >> they are looking at a larger, much larger picture. so that kind of thing away has a priority because you're not just looking at a neighborhood. they're looking at a much, much larger picture so their plans are much longer term in terms of what they're planning. >> right. >> right, so the cta is the county transportation. what did difficult is the fact that san francisco is a city and county in and of itself. so there are certain things, certain types of funding that we would not be able to access if we do not have a county transportation agency to be able to do some of the improvements and planning and things of that sort. but as commissioner dooley said, there focus is more on the whole county. while they be working on a project that is a section of the county is may have an impact on the entire county. but, the other question does need to be asked. what is the integration and how much do they coordinate and work on the planet together? >> that might be a question we ask them. any

they bounced off of each other; they tell us, oh, that is the cta's problem, talk to them or the ctawill say, talk to the mta,

beef up the information already in here regarding the collaboration and coordination role that the cta plays. i think that could be added. >> okay. colleagues, any other comments or questions? >> commissioner wiener? >> this is as much for the commission or the staff for consultant. in terms of future meetings are we going to be sticking to monday morning? >> i want to say thank you for the morning or afternoon. i don't have a preference, but i'm just curious. >> we'll have a set for time. a tuesday morning if we don't have a finances committee meeting or plans and programs meeting perhaps we can double up with a finances committee meeting. we want to make sure we don't get in the way of any other committee meeting. >> any other morning is fine with me. >> thank you for you and your staff and your work and your presentations. i appreciate the effort. we can go on the public comment. any last thing? >> thank you very much for your time and input and we'll take everything into consideration and integrate those comments into the document. we'll allow commissioners campos to take a look at

re-location, some of the issues in terms of attracting the best kind of talent to work for san francisco cta. just briefly the first phase of our recruitment starts -- i guess it started last week when we met with staff to get a framework for the aggressive timeline that you set before us in terms of the outreach and selection and evaluation of candidates to talk about logistics, to talk about the steps in the search process, but in all honesty the search is divided into three phases. the first phase is what we call the getting to know you, and that is when we get a good understanding of the organization. we want to find out what the key core competencies are. we want to talk to as many stakeholder as you deem necessary so we're awaiting your instructions and directions relative to the stakeholders beyond the board of supervisors and beyond this commission to identify the people that you want us to talk to and we will do that either face-to-face where appropriate, some telephonicically but we will definitely spend consider time with the stakeholders. we will probing in three areas with the s

much for allowing us to work on this very, very prestigious opportunity, executive director for the cta. definite nee lablonk is my name. >> >> transportation has really been an area that i have worked in for some time now. i want to say 20-25 years i have been recruiting in this industry. i came into it through the transportation demand management employees transportation coordinators, ride share, trip reduction kinds of things and it's done really well for me. i love it. this search in particular will be a marvelous thing to do. i think the interesting things about this opportunity for someone to be attracted to just far out weigh anything that anyone might call too challenging. i think the type of candidate that will be able to meet you where you are and move forward, move you forward, i believe we will be able to get you a nice cluster of individuals to review, and as long as we're able to talk with everybody and get your individual input as well as collective input i think that will help us to drill down -- if i put five people in front of you what makes you pick this one over this

brown was arrested >> 8 people were injured in a multi car crash involving a cta bus. it happened around 530 this morning. a minivan and the car slammed into the bus. police had no details on what caused the crash. six of the eight injuries included passengers on the bus and the bus driver. all were taken to area hospitals in fair to serious condition >> today was the last day caribou coffee shops across the chicago area were open for business. the viennese company that owns caribou is closing 80 under- performing stores in chicago and elsewhere. the company's other 88 locations will be converted to "peet's coffee and tea" shops over the next 12 to 18 months. the company chairman says caribou plans to focus its business in minnesota, where the coffee chain is doing well. emergency workers in the south suburbs spent their morning preparing for the worst possible scenario. next, inside their disaster drill. also, a busy day on the chicago river as dozens of kayakers took a trip for a cause. and how does an inmate get explosives? the details of an incredible prison break

agency, mta< metropolitan transportation authority, but you are dealing with two agenc ies, mta and the cta the county transportation authority. they have different boards that they are dealing with a lot of the same things. it seems like these two agencies never talk to each other. they bounced off of each other; th

great orchestra leader is really a significant characteristic for the next executive director of the cta because they have got a lot of moving parts their dealing with. some they are in the lead position on, others they are not going to be in a lead position. so they have to understand how to lead from the rear and from the front and they have to be a good member of the team and good bench player but also a good star player. they have to be able to put all those roles and that's something that bret spoke do to about one of those core competencies. and this person has got to have

to system integration, in other words, connection agreements with pg&e and resource adequacy of the cta. and we will be needing to conduct some kind of c-e-q-a review for almost all of the renewables. it will be some kind of c-e-q-a review. it might be limited, but we have to account for that. and then, of course, revenue sources will influence how much we can do. >>> we've created this buildout timeline. and i thought i would just mention that there are a number of things that we can do right at launch besides just turning on the switch and offering electrical service. and i've mentioned them already. we can have a net metering tariff published. we can have a feed-in tariff published. we can work with our cca customers to get them enrolled in energy efficiency programs as we're developing new ones. and we can also issue an rfp early on to see apart of a survey that's out there and what kind of interest there is in building out some new, probably smaller projects at first.

significant team made up of representatives from dbw and the planning department and the mta and the cta and if you could go to the consultant team. colleagues, these are all of the teams that we have been funding for i think for the better part of how many years now? >> about two years. >> and from my perspective, we have received very little for the money that we have spent. additional increase, at this point, just feels challenging to me. i think in polite terms this is referred to as a cluster. and i would like to suggest, that you get your act together and provide us with ideas on the near projects because i am not particularly excited to continue to spend more money at this point when we have not been receiving what we need. >> okay. >> okay. >> point taken. >> okay, commissioner tang? >> let's see. commissioner farrell. i would like to associate my comments with commissioner weiner and chiu is there a date that you can commit to come back to us, could we suggest one month from now? >> that would be fine. >> two weeks? >> two weeks. >> better. >> we have a finance committee meeting

[laughter] >> we -- it's not cta, congressman. but it's the fea. i'd say the teachers' union is one of the more powerful political forces in florida. i wouldn't, i hope it's not as powerful as your teachers' union here. but we, i wish i could tell you that we found accommodation, but the reality is if you're advocating reforms that change the system, people that are organized around the economic interests of the adults, that's their job. their job is to collectively bargain for the adults. in the case of florida, the teachers' union represents teachers, of course, and they also represent other mix school employees -- public school employees. they do it well. but to expect them to embrace school choice or higher accountability or the kinds of things that we did, i didn't expect it, and i didn't want get it. and so -- and i didn't get it. and so it was a political fight. it required staying the course. it required faithful execution on the laws that the legislature passed. we were all in for eight long years to kind of get the results that we had. te

on the cta side, it's a very good investment. also gold going down, but it has been a strong trend. yen has been a strong trend. but we see more topics we can play through hedge fund strategies. >> and what about survival at this point? because there are rumors that some hedge funds have actually not managed to survive this recent passage of market behavior. do you think we're going to see closure rates going up for full year 2013? >> i think it's, in general, actually, the hedge fund side, it's a bias of survivor. so the strong ones who do well, they will continue. the other ones are closing down. it has been definitely difficult two to three years, so you need to make a very, very strong case where investors should still get money to you. but it's, at the end, better quality comes out of such a process. yes, i think we would probably be better consolidation. >> it's been a pleasure catching up with you. thanks so much for coming to see us. a couple other fascinating interviews coming for you on the program, we're going to talk to the moscow exchange. earlier on, we were listening

other high-grade explosive ed i t attack were crude ages he fact that two bombs were used there, ia cta level of sophistication. having made these bombs befo, it's not easy you can't just gett on the internet, make two of these bombs go off fairly closely tother. sobo h se peence, somebody practiced >> repte srces tell cnn that one, possiblywo unexploded devices also were found. potential treasure troves of clue about who may have made the bombs. >> and other sources tell us that at least one of bombs, you saw the smoke from it, light coloreecse of powder. ey are discovering made up o of the -- atea o tse devices. they will be picking these device s apart, ptilay these bombs, looking for signatures in terms of how the were made, what kind of mponents were involved, wre those components might have come from to helpetmi w made them. how sophisticated they were. appant notve. but certainly, john, very, very they certainly were. a number of them. and the two that went off, and apparently unexplod bombs on the scene tha investigators are looking at. susan ndiott o tnks to you. >> w wt bring

the ctas.ple who can't sit there and hold gold while equities are up 10% in a quarter and so they need to get out of those and get into things that they can make money in now. they can't just sit on it. and trend following guys getting short. you've had a tremendous run in gold over the last 12 years and it's started to break down recently. i would argue that the fundamentals of owning gold are still about the same because of all of the printing that's going on. you just need to get technical aspect of the people who can't sit and hold it. >> how many people is that? how responsible were they for driving it to 1,600 to begin with? >> they had responsibility. absolutely. you've had large hedge funds with huge positions in gold that can't hold on. you have guys saying it's not reacting how i thought it would. he's getting out. there's a lot of pressure on gold that i think is much more technically based than fundamentally based. >> that suggest the reason we got to 1,600 was because of fast money