nolan commissioner bridges commissioner driscoll commissioner melberger commissioner paskin-jordan commissioner stansbury a quorum is present. >> thank you next item public comment any members of the public would like to address the public on a non-calendared item. >> good afternoon david. >> good afternoon. >> on those (inaudible) my question is how will the - minutes question and the special meeting open december 3rd be put into a agenda item important this - (inaudible) some other first question then i just want to - >> great, thank you. >> good afternoon claire. >> hello. >> address the comments - the membership (inaudible) and hedge fund (inaudible) up here to do today is to - sign off and hopefully everything (inaudible). >> kimberly. >> good afternoon. i do (inaudible) let the chair know and the board that has been satisfied (inaudible) the board (inaudible) sociowe can - that is the amount (inaudible) available for (inaudible) to take more for we understand this - (inaudible) that appeal (inaudible) and maximum effort we would like to have (inaudible) at least in the next quarter (inaud

kurt busch's ex-girlfriend, patricia driscoll accused the driver attacks her in september is fightingin form of getting restraining order against him. in family court she spoke about alleged attack in motor home in dover international speedway. during her six hour testimony she said he just snapped and he quote, sprung up from the bed, grabbed me bit throat with one hand and face, with the other. and smashed my face into the wall three times. driscoll also described bush as alcoholic dealing with depression issues which she said led to the night of alleged attack and fears for her safety. busch's attorney tells a much different story around saying driscoll is lying and determined to ruin their client's career. according to "tmz," the nascar driver have proof she couldn't possibly be afraid of him, citing sources busch's legal team submit ad youtube video driscoll, which is titled pocket commando. driscoll was at a gun range and in the video she calls herself a commando mommy and talks about the company she owns, front line defense systems while showing off her shooting skills. the vid

more my concern so given that i think that is important before this recommendation. >> commissioner driscoll. >> i support the resolution to h pr s p one the reduction to premium was not regarding the performance we monitor how much of the managers that we're a part of we have our own discipline in the wait and sub areas they've crossed that it was one reason they became the source and two their excellent managers in he remember of that core area even if it is report that two different portfolios from the same company are allowed to manage the portfolio with their independent strategies i'm not sure when a when that will continue but to revisit this part of the fixed income portfolio and our fixed income portfolio is aggressive looking at what we're doing below so if we want to get return not to that is safeties versus do we had an rfp yes and a agency to the allocation change if it goes forward it will take one to two years and where the money will be before the reallocation is done that may fact a long period of time do we want to constraint it in one marry that's why i'm supporting this r

this board, driscoll who is a union member, says to hedge funds . it's not okay. i say it's staff management who says it's okay to invest in hedge fund. [ applause ] >> good afternoon board members. i'm joshua, i work for the children of san francisco. i have a very large risk because i'm relatively young, not as young as i once was. that's why i have an ira. my pension is very important to me. that's why i took a pay cut to work in public service. i took that because i wanted to work in public service but one of the ways to justify that myself to my family was i'm trading income now for reliable income in the future. if you want people to work for the city and county in the future because many of my brothers and sisters are going to retire and you are going to need new workers, you have to give them some kind of value proposition and that is reliability. the other thing is that hedge funds are talks of the social fabric in america. i deem to be more diplomatic than that but i can't do so. they extract money from people and give it to people who manage hedge funds

. >> commissioner driscoll. >> on page 18 that makes a reference russel is forecasting volatility numbers and your railing is doing this for a long time go the history of some accuracy could you provide when you make a forecast 20 years ago or 10 years ago how accurate and i don't have any evidence to support anything other than an anecdotal i would say our capital foovrts process is based on a long term equality and we know it varies over time we incorporate the evaluation adjustment of the entity within the modeling process but it is relatively constrained so we won't see large judgements to the entity strains so over periods where the entity stream our forecast would be inaccurate but over the last 10 years for example, the forecast for many of the especially entity clauses relatively consistent with our exceptions for 10 years ago but it will vary depending on how risk and i versus the market is versus the overall cap. >> i think so what you're trying to say don't worry the - both return numbers and the risk numbers i want to see how well, you've director heinecke done it going forwar

patricia driscoll has now asked for a no contact order while police investigate. today busch testified that driscoll showed up unannounced and refused to leave the motor home. he says he cupped her cheek and told her to leave. >>> her 30 days are up. a honduran-born woman has been holed up in a church in a month-long protest of a deportation order. her family hand delivered letters to immigration officials along with a petition with 6,000 signatures calling for an end to the deportation effort. the church lass helped with her stay in north philadelphia. >> what that tells us is that there are people across the country here from all backgrounds, colors, shapes, sizes that are in support of keeping families together. >> she is one of eight undocumented immigrants nationwide now in sanctuary. >>> nbc 10 has new details on an unusual robbery at the target store in bustleton. they've charged daniel mcmillen and daniel mafao with burglary. they cut a hole to get into the store and they were later found hiding inside a ventilation unit on the roof. the two men could be r

patricia driscoll was on the stand for five hours. she says bush choked her at the dover international speed way in september. in addition to having no contact with each other driscoll wants the nascar superstar to undergo a psychiatric evaluation. bush's lawyers have denied the allegations. >>> philadelphia's newest tourist attraction will take visitors to the top of one liberty place. mayor michael nutter announced plans for an observation deck. it is expected to open up next summer. >> let's go back to that live picture in northeast philadelphia outside of a target. katherine scott was there as a police van backed towards the front doors of this target on the 11,000 block of the roosevelt boulevard and katherine tells us that two guys were just brought out believed to be the burglars that were hiding inside this store all this time. they are sitting in that police van right now. this was a task force operation and they're saying that these burglars actually have done this before at other targets. they might have been hiding in the

pennsylvania patricia driscoll was on the stand for five hours, she said that bush, choke her at dover international speed way, back in september, and in addition to having no contact, with each other, driscoll wants that nascar superstar, to undergo a psychiatric evaluation. bush's lawyers have denied all of the allegations, the hearing resumes tomorrow morning. >>> new a at 10:00 tonight bill cosby will not face charges for allegedly molesting a teenager back in 1974. judy hut h claimed that at age 15, cosby forced her to perform a sex act on him at the playboy mansion. prosecutors have decided not to pursue the case after speaking to huth. at least 15 women claim they were assaulted by the comedian. tonight cosby's daughter, evan, released a statement in defense of her dad. he is the the father you thought you knew, she said. the cosby show was my today's tv reality show. >>> the rain is moving out, but for some of you fog will be a problem, overnight. find out, what we can expect in the morning let's check with meteorologist melissa magee at the big board, melissa. >> shirleen, bul

in 1848 he married aaron driscoll -- ellen driscoll and their first child was born. they moved illinois before enlisting in the 72nd and killed in action at franklin. by 1864 ellen had five minor children to support. it was not long before she sought security in another marriage. forget battles like franklin were responsible for men's death after the gun stopped firing. for weeks, months, years with wounds. for others, their capture sign their death for. , and irishmanen who would enlist from his new american home of lebanon ohio. franklin was his first fight. g.was a member of company with six others, he would contract diarrhea, died during the night under a blanket beside a friend in mississippi in january 1865. he left behind a widow and four children. as with better at side, there are many american-born sons fighting for the union. notable, thist killed while encouraging troops to [indiscernible] james' parents must've been devastated by the news of the 21-year-old's death. his father had been disabled for many years and unable to work. he and his wife had relied

patricia driscoll is trying to keep burba way from her now.riscoll testified yesterday saying bush choke her, and smash her head into a wall at that met or home, at dover international speed way in september. bush's lawyers have denied, all of the allegations. >>> a local seven year-old received a farewell, fit for a hero today. fire fighters paid their respects to aiden reag will who lost his battle to cancer. it was his dream to be a fire fighter. the department in his home town of washington township made him an honorary member last year. word spread and soon department all over the world, added his name to their rosters. >>> dozens of dogs and puppies were rescued yesterday from a home in lancaster county. there were 62 in all there found inside of that house and the garage. the reek will will scattered all around the the property. the owner is expected to face cruelty charges but there is good news tonight, a all of these dogs are at pennsylvania spca headquarters and they will soon be ready for adoption. but despite the horror story of h

friends my visit her today at driscol mortuary. a mass funeral would be celebrated tomorrow, december 17 at 10:00 am at saint anthony's church at 3125 cesar chavez street. we want to pay condolences to family, friends, chp community. i know many of you have seen her in our halls and in meetings and speaking at public comment and if you see her photo you'll recognize her and her smile immediately. you can go on facebook. i know community housing partnership who here today have posted many photos of leanna to recognize the impact she has and continues to have on our neighborhood. the rest i submit. >> thank you supervisor kim. supervisor mar. >> thank you madam clerk. as i mentioned to my first kwez to the mayor kicking off this meeting, i'll be working with the city attorney with input from supervisor avalos and president tang on beginning the process to research what with the budget analyst's office as well, the tax looking at ultra luxury housing with absenteeism owners in our city. we'll begin the process to talk with stake holde

this board, driscoll who

. >> it could increase the folks with are using the self-directed options acommissioner driscoll. >> the imcredential costs it is basically, it but if members wish to take advantage to deal with the situation like pimco could the example one their lout and two a fee to pay and those hairs in the brokerage windows are using retail shares not institutional shares and several fees off of the members number one they may have to pay more but that's their choose. >> thank you, everyone call item 14 and item 14 is discussion item educational presentation by the itself office of the city attorney and the reporting requirements. >> i'd like to introduce deputy city attorney from our ethnics team amending. >> thank you very much so the rules and information i want to talk about are in your packet i apologize to the outside u audience we were not able to get it on the monitor but it is in our packet so to any public comment? to do before this afternoon about the rules that apply to city officials if this is a combination of both state and local laws but before i talk about that i want to say at

patricia driscoll was on the stand for five hours schenn says that burb choked her at dover international speed way back in september. in addition to having no contact with each other driscoll wants the nascar superstar to undergo a psychiatric evaluation. burb's lawyers have denied the allegations. >> even james franco and seth rogen aren't laughing at how twisted the sony pictures hacking story has become. it could also mean a huge loss fortner at the same time company. maribel aber has that part of the story live at the nasdaq in times square. good morning, maribel. >> reporter: good morning, matt. well, the cost of the cyber attack on sony is rising. the group behind the hacking is threatening violence against theater whose show the movie the interview. the new york premiere has been canceled and a cinema says it will not show the movie. some estimate that damage to seen knee may go as high as 300 million making it one of the most expensive cyber attacks of all time. congress voted to extend dozens of tax breaks last night. commuters can cut the cost of getting to work. teachers will

. >> commissioner driscoll share our thoughts first and go down the line. >> he'll show up (laughter). >> i know that is easier i want to move them closer together. >> is that the 18th or apart and it could be either. >> yeah. i prefer he different times i often get lucas k cash at the meeting either before or after the august 19th meeting the investment meeting if we could move that around i want to indulge. >> we're back to november and only november. >> thank you whatever dates you set i'll do my best to be there i know that some people are favorite and it makes it easier to group i'm happy to accommodate those who are business eerie prefer the 18th. >> collapsing to the 18th i would say i propose we move both meetings to the 18th are our other preference the tuesday before the 11 i know that some folks have the things they've scheduled wednesdays only as meetings that be required preference to the 18th and done deal. >> okay. thank you other thing i have presented is a reminder that the board retenant february 6th and 7 for finalizing the location as well as working with trying to

patricia driscoll testified busch choked her and smashed her head into a wall during the fall race. attorneys for busch deny the allegations. dover police are still investigating the september attack. >>> take a look at this. those are tire treads. not cleat marks on a soccer field at the jersey shore. tonight, two teenage boys are charged with vandalizing two newly-renovated fields in brick township, ocean county. it's a major blow to the twin county soccer association which just spent more than $4,000 fixing up the fields this fall. >> the olympic games in the state, the u.s. plans to bid for the 2024 olympics. four u.s. cities would compete. san francisco, los angeles, boston and waffle waffshington,. a decision on which u.s. city to enter is expected next month. the final decision won't be for another three years. >> tonight is the first night of hanukkah. >> the start of the jewish holiday known as the festival of lights. mayor nutter helped kickoff the celebration by taking part in a minora lighting celebration. they ate potato pancakes known as latka's. hon c hanukkah, of cou

. >> commissioner driscoll. >> can we go into the total report i'm looking at page 21 and 20 attraction analyze focusing on the allocation number once in the the large negative for allocations in the alternative areas those numbers because they logic their progress is slower but how significant that large number it i'm looking particularly the 10 year number minus 17. >> that number means it has been disadvantages to be underweight in private equate. >> in the underweight issue. >> yeah. those are evaluated rates if we had been at the full rates the full wealthy every quarterly which is impossible that never happens you'd see zero or overweight a positive number because the underweight is persistent there is a 17 numbering negative number that is a relative return relative to the policy benchmark. >> the columns under active management positive for the 2 year number and negative for the 5 year we know in the real and private equity those come in smaller with the understanding of the timing of the numbers again, that's minus 60 point 61 and plus or minus another i'm trying to get a feeli

there is a policy that driscoll might have addressed that that the board before coming forward with the policy and proposal of moving into hedge funds at the time of the investment and those policies protect us from this policy and you determine whether or not to make those investments. that's something we had concerns about and we think policy in place addresses some of those concerns. >> my final question was you feeling troubled about the process. i was curious you mean about this body's process as to asset allocations? >> no. as i said from the beginning that local 21 prides itself at looking at hard and difficult issues. when the proposal was made 3 days ago, we want to be comfortable going back to our membership saying we believe that based on the members digestion of information and me making the recommendations, we don't feel they have had enough time to analyze appropriately and for us to consider the information before i can make the recommendation to you. >> you agree with us? >> yes, i support the deferral to allow more time. >> thank you. [ applause ] >> john? >> my name is

he's in court facing accusations of assaulting former girlfriend patricia driscoll. >> in court, theosphere was heated. it was emotional. >> reporter: a newspaper reporter inside the delaware family court where driscoll sought a protection order against busch, testifying for six sometimes tearful hours. >> at several points, she got really emotional while describing the alleged assault. saying holding her hands up and kind of mimicking how he had allegedly how mr. busch allegedly wrapped his hands around her and kind of smashed her head into the wall. >> reporter: driscoll claims the incident happened when she and her 9-year-old son went to visit busch during a race at the dover international speedway last september. his attorneys denying the allegations which are also subject of an ongoing criminal investigation. busch, who's sponsors include chevy and monster energy, has continued racing since the allegations surfaced in november. causing many to wonder why nascar doesn't have a strict domestic abuse policy like the one adopted by the nfl, in the wake of its recent scandals, involv