depending on whether you feel your credit situation is where you want to go to a bank like wells fargo or another regulated bank, and line of credit, or work for a working- capital type of loan, which is something you look to do, the opportunity fund. you probably want to try both avenues. as far as your credit scores, everyone realizes, everyone here has a credit score. the first thing any lender will look at is your credit score. after looking at that, they all do not do the same thing with it. an opportunity fund will look at your story in addition to your score. some are limited to your score, that if it is above or below a certain threshold, and they are may not work with you. not every one of the lenders is going to see your situation the same, so you should be shopping. >> [inaudible] >> you can do contract financing. that exists. but a line of credit is probably what you're looking for. >> thank you, marc. i have a question from the audience about a burgeoning market. any avenues for san francisco medical cannabis dispensaries? open to the panel. >> in terms of financing? i can

argue first of all that there's pretty clear evidence of wrongdoing and we know for example wells fargo bank a unit there was laundering money for the mexican drug cartels and there's pretty good evidence but as one senate investigator said about that situation they these banks are too big to fail they don't like to create an indictment that might cause a financial institution to go down so i think what's really going on and i think it's a tragic mistake but i think people have made the decision that to indict certain individuals would destabilize the financial system i'd say the opposite is true i'd say that as long as you let people get away with criminal fraudulent behavior they'll do it again because they have no reason not to and that's what really stabilizes the economy and you wonder you know i mean our european counterparts have done this they have gone after people and i feel like there really is no excuse for the fact that the u.s. government hasn't and you know it's a little ironic but one thing that i found funny that bernie madoff said is that he was really complaining that nobo

that is after a teller was held up at the wells fargo bank on clayton road.y a man jumped into his car and followed the suspect from the crime scene he then told police where to find him. the 25-year-old suspect is in jail this morning. >>> decisions have been reached in three parking related issues in san francisco first and effecting the most drivers. tran silt officials set -- transit officials set a time limit. next they approved a $55 penalty for muni workers that park at transit lots without paying a monthly fee. those penalties are expected to generate more than $1 million a year. and a pilot program to give than anies parking permits was approved. >>> it's now 6:38. i want to go back to sal. how is traffic? >> it's getting busier now at the toll plaza. you will look at it and think i missed my window. it's not bad. it might look worse to you than it is. there are no problems on the bridge. no stalls or no crashes on that span. so you still should be in pretty decent shape in case you are considering bart. bart is in time. traffic looks good. approachi

a bank like wells fargo, for example, which is the largest sba lender in the country. when the lender makes the loan to you, they come to us and say that your business, for a variety of reasons, may not be strong enough to get a loan without a guarantee. it might be a business that is too young or is a type of business -- say, restaurants -- that are a little riskier than they want to deal with, or you do not have the kind of collateral a lender is looking for. "an sba lender will be able to make the loan with a guarantee that sba will be able to provide. we probably will about 225 sba loans this year. at any point in time, we have about 1500 loans in san francisco that are sba loans. a lot of them are restaurants because that is one of the areas that is very typical because it is a riskier business. but a lot of people in san francisco see that as an opportunity for them as well. we also partner with the golden gate restaurant association to help people understand how to do financing for restaurants. a lot of what we do is helping small businesses get access to credit

and on friday night, she walked her way into a steel vault at this wells fargo bank, east of atlanta.ee her grandmother, who works here. and was helping them close for the night. bank employees didn't realize a child was playing inside, and closed the heavy vault door. the door also had a time lock, which meant that once it was closed, it couldn't be opened until the next morning. so, do you know how long that time lock was for? >> it probably was around for probably 14 or 15 hours. >> reporter: there was only one locksmith in the state of georgia who knew how to break into this vault. and he happened to be home friday night. when he started drilling, he said he could hear her start to cry inside. 25 minutes later, he pulled the door open, walked in and there she was. >> i said, hi. and she turned around. her little puffy, red eyes. i almost started crying. >> reporter: before she left in the arms of her relieved mother, she handed him this note. her mother helped write some of it. she thanked him for opening the door. >> i reached down and gave her a hug and a kiss. she did the same

old went missing on friday while visiting her grandmother who worked at a suburban atlanta wells fargo bankault while the crying toddler endured the sounds of machinery trying to get the door open. poor thing. >>> and finally anheuser-busch taking a break from producing beer. oh, no, you might say. >> calm down, melissa. >> sorry. instead of beer, the company is now turning out canned drinking water. anheuser-busch says it wants to build up a reserve of 25,000 cases of water in case it's needed for flood relief this spring. that's the news. now back on jenna. no beer for your birthday, jenna. or no more beer, i should say. >> i'm here. am i not here, did i not get up this morning? exactly. i never saw melissa so outraged over a story before. >> football season is over, so -- >> so you're good to go for another whole year. and my birthday is not for another whole year, so i'm good to go, as well. bill karins has a check of your forecast. >> lovely people out here. you waited 60 years to head to us and join us here in new york. where you been for 60 years? >> illinois. >> and just retire from

gaining bank of america is up over two percent and wells fargo rose almost four percent in company news. boeing rose three percent after would want a thirty billion dollar contract to build one hundred seventy nine u.s. air force refueling planes. now european stocks are gaining in the last few sessions and they're relieved that prices have retreated one of the worst performers in london was lloyds banking group down five percent approved warned business will be tough here as the u.k. economy slowed also airspace and defense. is down almost three percent absolutely a key u.s. tanker contract to rattle boeing. and here in russia markets have closed higher friday the r.t.s. surged over one and a half percent and in my eyes it's going to under two percent energy stocks were struggling as investors took profit after several days of gains other sectors such as banking and retail climbed now let's have a look at some individual share moves in russia here gazprom was down point six percent on the r.t.s. ross they have lost three quarters of a percent and russia second biggest bank b.c.b. was u

bank involving overdraft practices. there are lawsuits against 30 other lending institutions including wells fargo, city citigroup, and chase. new regulation prevent banks from charging overdraft fees for debit card transactions. >> tomorrow a 30-second commercial during super bowl xlv will cost $35 million. see how a company in berkeley is helping. >> we're a nation of consumers, come barded by an army of ads, all desperately trying to convince us to buy, buy, buy. something madmen's fictional ad man don draper makes look easy. >> what you call love was invented by guys like me. >> in the 50s, advertisers thought they could get idea people's heads by using subliminal ad. now they're trying feet inside your head by getting inside your head. >> the brian enjoys the faces. >> inside a lab at a company called neurofocus, test subjects are have thing eye moms and brain waves monitored. >> access to a huge part of the iceberg that lies underneath conscious thought. >> she is a pioneer in what's called neuromarketing, research based on brand waves, measuring attention, emotion, and memory. whether you know it or not. brain waves

they are asking banks like wells fargo to forgive both homeowner and school-system debts and pay for the upkeep of vacant lighted properties. >>> parents with sick children have until the end of the month to enroll their children in more affordable health insurance. this is by new rules set down by a new california law. after this deadline children with pre-existing conditions will still be covered but it could cost up to double what's charged to healthier kids. this morning health care experts and medical staff at the oakland children's hospital will present coverage options for bay area parents. that event kicks off at 10:00. >>> we'll go to christina. it is just a mess this morning. a rainy drive to work for those of us who got up this early. good morning. >>> good morning to you. yes, right now the showers are coming down predominantly over the east bay. good morning to you in the east bay. we are going to see a lot of rain. it looks like the bulk of the moisture from the next round of storms will come down heading through this evening and tonight. i'm going to time it out for yo

banks serve. but some of wall street's heaviest hitters, including wells fargo and j.p. morgan chase, are behind urban partnership bank. the bank opened last summer after big lenders put up roughly $145 million in capital for the assets and deposits of the failed shore bank. shore bank was a chicago institution for more than 30 years. urban partnership's leaders, william farrow and david vitale, call the new bank a win-win for the community and the big banks. >> the customers we serve have to be served by somebody, and you don't want to go back to the '70s or '80s when it took the government to force that to happen. but they would certainly have gotten encouragement to come in and serve these communities one way or another. >> reporter: in the past couple of years, more than 300 u.s. banks have failed, collapsing under the weight of bad commercial and residential real estate loans. most, like shore bank, were community banks with assets under $10 billion. about half of the loan portfolio urban partnership assumed is still at risk. so farrow says the bank is focused on res

bank involving overdraft practices. there are lawsuits against wells fargo, citibank, chase and u.s. bank.ulations prevent banks from charging overdraft feeson many debit transactions. 13 million vehicles projected to be sold this year. members of the national automobile dealers association are holding their annual convention and expo in san francisco through tomorrow. last year they faced several legislative challenges including a much publicized fight to keep dealer-assisted financing affordable for consumers. this year dealers are gearing up to take on environmental protection agency's plan to raise the commercial fleet mileage standard to as much as 62 mph by 2025. a half marathon in san francisco is shutting down some streets leading to golden gate park from 7:30 to 10 a.m.. it's a loop between baker street and standon. a section of the great highway is also closing. that won't reopen until noon. i bet those runners were not expecting the kind of weather that we are having. so warm. >> this morning temperatures in the 60s in sr. >> already! >> that's already above the average high for

bank and tried to escape. the suspect gave the teller a note demanding cash this morning on wells fargo handing over cash and a woman walked out of the bank before hopping into the cab. officer as rested her and witnesses did not report seeing any weapons being used during that robbery and nobody was hurt. >> and after visiting bay area last night president obama left today to tour an intel plant. and met with students taking part in a fair. the intel plant is one of the most-advanced microchip manufacturing facilities in the world. the president says he was most impress bid leg yoz built by 7th grade girls. >> i used to build some pretty mean lego towers when i was a kid. i thought i can participate. only these students used legos to build models to build robots that were programable to model brain that's could repair broken bones. >> also today the white house posted a few seconds of video of the president talking with facebook founder mark zuckerberg. that is from the dinner of executives in woodside last night. >> governor brown unleashed his budget-cutting on swag that, is stuff we get free sometimes, thi

>>reporter: administration is co-sponsoring this event that brings together major bank and lenders. lick wells fargoo. chase. sun trust for one-on-one with the struggling clients. >> about a third of the people that do come will be told it looks like you qualify for a program today which is a huge win for the homeowners. >>reporter: on the spot answers is what these homeowners want. but say they haven't gotten since the crisis started. >> i talked to my loan agent. he says call customer service. customer service says talk to your loan agent. and i get the run around. it's ridiculous. >>reporter: that's why many admit trusting anyone even in this program is hard. >> and the program is having problem of its own. >> the economy has impacted this event as well. last year helping homeowners travel to 33 cities nationwide but this year it only had a the budget to visit 12. >>reporter: next month stop will be in phoenix. in san jose, lisa, abc 7 news. >>> they did it with a dating site. next the code word used to organize protests in libya. >> and this prince fan thought he scored the souvenir of life time

are looking to settle with as many as 14 mortgage services including the big ones, bank of america, jpmorgan and wells fargo. >>> ford is recalling about 144,000 f-150 trucks in the united states and canada. the model is 2005 and 2006. a short circuit could cause the air bags to deploy. ford received an unspecified number of complaints. in most cases the air bags deploying right after the trucks were started. now ford has recalled more than a million vehicles this year alone. >>> switching gears a little bit, 3-d movies have helped boost global box office sales to a record hold of $31.8 billion last year. the motion picture association of america says most of the growth came in asia. u.s. box office receipts were pretty flat. ticket prices did go up, but attendance fell. so 3-d movies made up only 20% of all ticket sales. scott, not doing so great in the united states, so i wouldn't go out to buy the glasses just yet. >> well, with higher gas prices, too, nicole, you are going to see other ideas that people can do. they are not going to be able to do them if they are paying at the pump. >> reporter: that's

. >>> wells fargo says atms are working normally again after a nationwide outage earlier this week. the san francisco based bank says it will automatically credit customers for all of the $2.50 out of network fees they were charged during the outage. the spokesperson says the outage was caused by what wells fargo calls internal system issues. but they're to the being more specific than that. >>> levi will have another chance to sue a competitor for violating a trademark. the san francisco based company sued abercrombie and pitch for using a back pocket design similar to the ones used on levi. an appeals court says the earlier decision was based on an erroneous interpretation of the law. so they can bring the case to court again. >>> time now 5:53. putting more pressure on bay area restaurants to give you that greasy feeling. why the city of san francisco has focused on more than the grease in the food. they want to know what's going down the drain. >>> plus "american idol" audition san francisco style. who showed up and what will they show us tonight? >>> welcome back to the morning news. san francisco wants to

was up over one and a quarter of a percent but actual stocks are gaining bank of america up two point two percent and wells fargo rose three point nine percent in company news for one rose three percent after the plane maker said it wants thirty billion dollars contract to build one hundred seventy nine u.s. air force refueling planes. now european stocks are gaining in the last few sessions a little relief but also prices have retreated one of the worst performers in london was lloyds banking group down five percent after it warned business would be tough this year as the u.k. economy slowed also airspace and defense. is down almost three percent after losing a key u.s. tank a contract to rival boeing. and here in russia markets closed higher on friday the r.g.s. surged over one and a half percent in the black and m i six again just under two percent energy stocks were struggling as investors took profits after several days of gains other sectors such as banking and retail. and now let's have a look at some individual share moves in russia energy majors were mostly in retreat as investors took profits was down

nasdaq is up almost one and a half percent but actual stocks are gaining bank of america is up two point two percent and was fargo rose nearly four percent in company news following rose three percent after its launch a thirty billion dollars contract to build one hundred seventy nine u.s. air force through fueling planes. and european stocks gained on friday amid relief that prices have retreated one of the worst performers in london was lords of banking group down four and a half percent approve more in business would be tough this year as the u.k. economy slowed also airspace and defense for an eads was down almost three percent after losing a key u.s. tanker contract to rival building. here in russia markets of closed higher on friday the r.t. has surged over one a half percent and in my eyes it's dangerous under two percent energy stocks were struggling as investors took profits after several days of gains other sectors such as banking and retail climbed now let's have a look at some individual share moves in russia gazprom was down point six percent on the r.t.s. ross nafta lost three quarters of a percent

bank robber in concord. he of the eight wells fargo, no shots fired, no one was hurt. ook of buses and followed him. the fall of the dispatch to tell where to find this bank robber. officers got arrested the man. today is the first day for the new acting police chief. chris more will no longer be in the temporary position yesterday he was appointed as the city's new chief he is a 25 year veteran. the city had seven homicides in generate three of them are connected to gang. >> i will continue to focus our efforts on gain crime. last year we saw decreases in crime including homicide at 810-20 year low. we have seen as a difference handspike in the last 30 days the first month three gang-related murders and a triple homicide. it is not that we haven't seen the spikes before. we cannot let them faster, you have to choose from straight on. we will not allow it to escalate. >> in addition to using law enforcement to reduce gang violence he will call on the intermission programs to help. >> world news, japan record snowfall on the coast, several feet on the roof decks. parked

fargo. what are the typical rules for applying for sba loan of less than $50,000? how much money do we need to have in your bank to apply for a loan? >> i am on the smaller side of the bank. i am a transaction guy. i do not technically require one to have an account to do a loan with. what i look for, i generally start at 100,000 and up. when it is a requirement of 50,000 or less, i tend to call of the micro guys to help me out. that is right in their box. for us, the capacity for us to do the smaller side is not there as much as it is for them. on getting a loan through my side of the bank, i do not require an account to do that. we would like to have it, but i do not require it. >> last question for the opportunity fund and a critic representative. are you a cdfi? is san francisco and s.p.a. in support of cdfi's being established in san francisco? >> yes, we are. we were founded in 1999 with a small business loan. that is how we started our tenderloin office. >> opportunity fund is a certified cdfi, so we are providing a benefit to low and moderate-income communities. he is the city establishing support for n

fargo were not the holder of the note. >> reporter: alliance of californians for community empowerment says this has become common because mortgages keep getting handed off from one banko another and some of them can no longer prove they are the mortgage holders. one in every five foreclosures is related to wells fargo. they planned a very public protest and sit in for tomorrow the day she was scheduled to be evicted once again. we asked wells fargo but didn't get a response. this morning she asked for a modification again but she was rudely denied. but a few hours later, wells fargo called back. >> she said we want to work with you. i asked her, i said how did you hear about me. she said we have people in the field. >> so we know it can be done. it's unfortunate that that old saying of the squeaky wheel getting the oil, there should be so many squeaky wheels out there. a lot of people are humiliated. they're embarrassed. >> now, dennis says that if wells fargo doesn't follow through on this, then she's prepared to do this all over again. she'll get evicted if she has to, but then she plans to just come right back to her house. and if she has to get arrested, she'll d

banks will get up to half a foot. lake-effect snow from michigan to western new york. snow showers in north dakota. >> frigid 7 degrees in fargo30s from billings to albuquerque. 34 in dallas. 43 in atlanta. and 27 here in new york. >>> and now to egypt where thousands of people are now showing their anger at government by walking off their jobs. >> those widespread labor strikes are now threatening the already crippled egyptian economy. aaron joins us from cairo. >> reporter: good morning to you. the civil unrest here does appear to be gathering steam now. demonstrators still own tahrir square, camped in front of parliament and forced the prime minister's office to relocate. now the revolt that was started by young professionals adds the clout of the working clout. labor unrest at suez canal, at transportation centers, even the government's main newspaper, boosts protests now in their 17th day. of course, they add economic pressure on the government. president hosni mubarak is still defiant. his government has failed to meet what the united states calls the minimum of the protesters' expectations. though egypt's foreign minist

fargo to detroit. showers and thunderstorms from miami up to the outer banks. >> frost and freeze warnings in texas anden spent the last two weeks sculpting this giant snowwoman in their front yard, all 19 feet of her. they used blue plastic plates for her eyes and pipe cleaners to make those lovely lashes. her nose is made of a road cone and they joined with water noodles to form her mouth. >> they said they ran out of steam before they were done but their neighbors pitched in to help finish the job. >> good looking lady there. we'll be back with more after this. hó if your racing thoughts keep you awake... sleep is here, on the wings of lunesta. and if you wake up often in the middle of the night... rest is here on the wings of lunesta. lunesta helps you fall asleep and stay asleep, so you can wake up feeling rested. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving or engaging in other activities while asleep, without remembering it the next day, have been reported. abnormal behaviors may include aggressiveness, agitation, hallucinations or co

out of the big banks only allied financial has signed on to that mart of the plan the california housing financing is still waiting to hear from wells fargo, b of a and jpmorgan chase. it comes from federal funds reserved in 2008. california representatives say the program could help 95,000 homeowners keep their home. however, the biggest driving factor for foreclosures is still the economic conditions, particularly, the number of people. who are out of work. reporting live in the newsroom, i'm pam cook. let's go back to dave. >>> there's a new poll out. it's from san jose. they asked residents how they would deal with the budget deficit. 45% say cutting the pay of city workerses is their top choice. when they were told the city would still have a budget deficit, 40% say they favor cutting city services compared to 34% who prefer raising taxes. >>> several east bay mayors got together to oppose one of governor brown's opposes. the mayors of oakland, concord, union city are calling on local lawmakers to vote against scrapping the state's redevelopment agencies. the mayor said the redevelopment money helps revitalize blighted areas. >>> san