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

. >> it's been rough going for wells fargo bank customers trying to do online banking this week.web site suffered from intimatent ak se.s it's not from people rushing to the site. wells fargo and four other banks have been targeted by a hacker group with denial of service tacks so wells fargomxfñ has suffered the most problems. >> well this, is a bittersweet day for us now. our own don sanchez is retiring after 40 years. abc 7 president bill burton congratulated don on decades of service. don said goodbye to us in the newsroom and did it in typical don fashion. >> you know how i feel about all of you, but i'm still here anyway. but not for much longer. sorry. you know, i am proud to have been here. it's special. and thank you. we'll see you on the aisle. >> such a great run. been yes. a full buck yismt. >> i know. >> classiest guys you'll ever meet it is. >> jand patel is here with weather. a break in the rain earlier. >> this is nice to see rain bows. talking about wind and rain. we're going to see the rain easing up a bit. live picture right now, beautiful view of lake tahoe. n

there's been a bank account sent up at a wells fargo bank to try to help the family bury the father and son in mexico city. if you go to abc7.com, and click "see it on tv", you can see the link, and perhaps if you want to donate to the family, you can there. reporting live in san francisco, abc-7 news. >> ama: heavy winds created strong waves and a busy day for first responders in san francisco. they were called out to more than two dozen incidents in the way, all which were false alarms. the big waves were good to surfers and the coast guard. they used the swells to run training and rescue drills. the waves did cause problem for people trying to catch fish or crab. >> we weren't able to the crab nets got tangled up and we had to leave. >> the waves are expected to calm down tomorrow. >> pg&e crews are working to restore service to people in danville where a huge tree fell and damaged powerline. 1800 results were effected but only 50 customers are currently without power. >>> a three-alarm fire rips through self apartments in the mission district this morning. nick smith is live at 23rd

recent years it's called wall street if you look at the main zombie banks and wall street wells fargo bank of america citi bank goldman sachs they generally pay zero federal corporate income taxes that's one side they pay nothing over a period of ten years they might pay one and two percent at most but the other thing is the turnover in other words they're buying and selling their trading they're doing flash trading high frequency trading they're doing a million trades per second on one computer and they have many computers there's no sales tax on any of that the average person to buy a pair of shoes or some clothing or some electronics you're going to pay sales tax in america that range ranges between six percent and twelve percent it's just gone up again in california which is a regressive tax it's a terrible way to do things why not. impose a sales tax on wall street call it the wall street sales tax i think that makes a lot of sense there was one between one thousand nine hundred sixteen and one nine hundred sixty six there was a very small wall street sales tax new york state still ha

>> glenn tailor is celebrating she qualified for 20,000s ndz down payment assistance from wells fargo bankhe dream has come true. >> dreams do come true. they do. >> wells fargo reaching out to hundreds of families trying to help them with $20,000 towards a down payment on a home. sean coleman lined up at 6:00 a.m. one of the first to find out he qualified. >> exciting day? >> yes. better than a birthday! >> would wish you best. >> not everyone who applies will qualify. applicants must have a consistent income ask strong credit history. for those who do qualify the $20,000 will being forriven if the buyer stays in the home five years. or owe prorated 20% per year of residence. >> the goal making sure we don't have people jumping in and flipping properties but that stay there. >> this family just found out they did not qualify for the down payment assistance. >> we were closer than we realized to you know having something we can call our own. >> we are closer. i do feel better about what is going on now, than before. 7:00 tonight ask all day tomorrow, 10:00 a.m. to 7:00 p.m. preregistration

police say, the man robbed the wells fargo bank at the corner of monterey road and main street. about 1:45 saturday afternoon. he passed a note to a teller, demanding money and said that he had a gun. no gun was seen and no one was hurt, but the man escaped with an undisclosed amount of cash. and was last seen heading south on monterey road. >> school safety is on the mind of the nation these days. in oakland, the police chief wanted to tell elementary school children that the department is there forkron 4's justine waldman has more on his surprise visit. >> these second graders at this elementary school had no idea. a few months ago they wrote a letter to the oakland police chief to tell them about their experience with officers and ask questions. however mostly to say thank you. >> writing is a powerful tool. to say thank you, is a reinforcement of yes, people are listening. and they could be surprised when the police chief, howard jordan comes inside the classroom. >> he surprised the classroom and the children were stunned. not only that he responded but that he came to meet

. >>> police are looking for the man who robbed a wells fargo bank over the weekend. they revested this photo today. -- released this photo today. it happened before 2:00 p.m. saturday afternoon. the man demanded money and made off with cash. he threatened the teller with a gun although a gun was not visible. the fbi has been called in to assist with the investigation. >>> police arrested one burglar but they called off the search for a second man. officers were called after 8:00 a.m. this morning. neighbors reported two suspicious men. they ran off when they spotted the offenses. one man was caught but a two hour search failed to turn up the second suspect. >>> we heard today from the two san francisco police officers whose quick thinking saved a newborn barry last week. -- baby last week. ktvu's allie rasmus has more. >> reporter: hugs and smiles of relief at the police station today after two police officers recounted the rescue. >> panic. yeah. i mean, you know, you find a child who is not breathing, you know, it was a newborn, it was a newborn. >> reporter: steve

. >> wells fargo bank today gave hundreds of homeowners 20,$000 toward a down payment on a home. >> guys, wells fargo e has deals in some east bay cities, the plan is to take forsale signs and turn them into sold. >> they're teaming up with other people to lend a hand to help people who want to purchase a home in select communities we're seeing housing values start to sgliez they will support home buyers with a program that allows the people with down payment assistance. >> we're going to give them a $20,000 grant for 0 % rate and that is forgiven as long as they stay in that house for five years. >> there are certain neighborhoods that the house has to be in and there is an new mexico limit. income limit. >> i knew i couldn't afford that down payment so this helps me. >> if you're not able to jump on this, don't worry. >> some of that money will go back into the pot so people who can't come to the event, don't lose hope. >> the event runs until 7:00 tonight at the oakland convention center. they do accept walk ins but try to come early. for questions log on to our website ktvu.com. . >>

have $20,000 available to make a down payment on a house after attending an event held by wells fargo bank called city lift. for those who qualify it's a life changing experience. laura anthony joins us live now in oakland. >> this he dent vent still qog on. it's a two day event here. before it's over tomorrow evening, about a thousand people could go through here, for hose who qualify for at sis stance this could be the last piece that is allows them to buy a home. wells fargo is reaching out to hundreds of bay area families, trying to help them with $20,000 towards a down payment on the purchase of a home. sean coleman lined up at 6:00 a.m. one of the first to find out he qualified. >> exciting day? >> yes. it is. better than a birthday. >> wells fargo making $5 million to perspective home buyers in nine east bay cities. oakland, fremont, antioch, pittsburgh and bay point. >> and we wish you the best. >> not everyone who applies will qualify. applicants must have a strong credit history and a consistent income. this woman came up short. >> are you disappointed?. >> slightly. but encourag

a man robbed the wells fargo bank and then tried to escape on the red line headed for silver spring. officials held with the train so they could catch the suspect. >> let's get to the store that just about everybody is talking about, sunday night showdown between the redskins and cowboys. for the redskins, it would be the first provision title in 13 years. >> they're getting ready to watch the virginia tech game. come sunday night, it will be all redskins all the time. it is what everyone in washington, d.c. is talking about, that big game on sunday night. from flags to even the family pet, the burgundy and gold is everywhere you look these days. at the vienna inn, these die- hard fans are sharing some lunch and getting psyched to go descending at's game. >>-- sunday night's game. >> it is all have been thinking about all week. dream about it broke out in ashburton, it is the silver and blue -- about it. >> out and ash burtonin ashburn, it is the silver and blue. they have never been to a redskins versus dallas game. now it is all they can think or talk about. >> i cannot wait to sha

. >>> the search is on tonight for a man who robbed a wells- fargo bank in the south bay.organ hill police released this surveillance video of the robber today. the robbery happened just before 2:00 p.m. on saturday, at a branch on monterey road. police say the man gave the teller a note, demanding money, and said he had a gun. although no gun was seen. >>> the family of a san lorenzo man run down and killed by a hit and run driver was in court. police say the prowler intentionally hit him and drove off. he died three days later. his brother is a long time ktvu photographer. he wants people to know there is a $50,000 reward for information. >> we are looking for some help. we know that somebody knows what happened. this could not have been the smartest crook in the world. he had to have told somebody. we're just hoping whoever that somebody is, will come forward and give us a tip that we need. >> this is a police sketch of the hit-and-run driver. he was driving a light colored cadillac with the dark colored top from the '70s, or '80s. >>> the off duty chp officer killed in

>>reporter: they funnel money from bank accounts including wells fargo city bank and chas chase. the hope is that the financial industry way of dealing with cyberthief over the years will minimize loss. a management company says this. >> utility company that deal in it. they have the resource also. have to keel with these sort of issues but it's the cost of doing bi-he says the plan involves targeting people of high net worth but all customers are advised to make sure the anti-virus surf wear is working the way it should. >> potential for attack. we think the lakely hood is high. why won't you. >>reporter: mcfee is coordinating with law enforcement officials and working with several bank to prepare them for the potential attack. >> lillian reporting. >> remains of mexican americans superstar jenni rivera is now at a mortuary in long beach. her family identified the remains earlier today and went ahead with cremation without waiting for dna results. she and 6 wrors killed sunday when they are learjet crashed in mexico. >>> students at 2 by area schools will see extra security tomo

>>reporter: they funnel money from bank accounts including wells fargo city bank and chas chase. the hope is that the financial industry way of dealing with cyberthief over the years will minimize loss. a management company says this. >> utility company that deal in it. they have the resource also. have to keel with these sort of issues but it's the cost of doing bi-he says the plan involves targeting people of high net worth but all customers are advised to make sure the anti-virus surf wear is working the way it should. >> potential for attack. we think the lakely hood is high. why won't you. >>reporter: mcfee is coordinating with law enforcement officials and working with several bank to prepare them for the potential attack. >> lillian reporting. >> remains of mexican americans superstar jenni rivera is now at a mortuary in long beach. her family identified the remains earlier today and went ahead with cremation without waiting for dna results. she and 6 wrors killed sunday when they are learjet crashed in mexico. >>> students at 2 by area schools will see extra security tomo

celebrating the fact that she just qualified for 20,000 dollars in down payment assistance from wells fargo bank. it's the last piece she need buy a home for her family. >> dream come true. >> dreams do come true. they do. they do. >>reporter: wells fargo is reaching out to hundreds of bay area families trying to help them with 20,000 dollars toward down payment on the purchase of the home. shawn coleman lined up at 6:00 a.m. and was one of the first to find out he qualified. exciting day for you. >> yes. most exciting thing is better an birthday. >> we wish you the best. >>reporter: not everyone who applies will qualify. applicant must have a consistent income and strong credit history. for those with do qualify the entire 20,000 dollars will be forgiven if the buyer stay ins the home for at least 5 years. prorated 20 percent year of residence. >> goal is to make sure we don't have people jump in and flipping property but to stay there. >>reporter: stewart stopped to view the home tour. even though they just fun out they did not qualify for the down payment assistance. >> we were enclosures tha

>>reporter: they funnel money from bank accounts including wells fargo city bank and chas chase. the hope is that the financial industry way of dealing with cyberthief over the years will minimize loss. a management company says this. >> utility company that deal in it. they have the resource also. have to keel with these sort of issues but it's the cost of doing bi-he says the plan involves targeting people of high net worth but all customers are advised to make sure the anti-virus surf wear is working the way it should. >> potential for attack. we think the lakely hood is high. why won't you. >>reporter: mcfee is coordinating with law enforcement officials and working with several bank to prepare them for the potential attack. >> lillian reporting. >> remains of mexican americans superstar jenni rivera is now at a mortuary in long beach. her family identified the remains earlier today and went ahead with cremation without waiting for dna results. she and 6 wrors killed sunday when they are learjet crashed in mexico. >>> students at 2 by area schools will see extra security tomo

. >>> the search is on tonight for a man who robbed a wells- fargo bank in the south bay.hill police released this surveillance video of the robber today. the robbery happened just before 2:00 p.m. on saturday, at a branch on monterey road. police say the man gave the teller a note, demanding money, and said he had a gun. although no gun was seen. >>> the family of a san lorenzo man run down and killed by a hit and run driver was in court. police say the prowler intentionally hit him and drove off. he died three days later. his brother is a long time ktvu photographer. he wants people to know there is a $50,000 reward for information. >> we are looking for some help. we know that somebody knows what happened. this could not have been the smartest crook in the world. he had to have told somebody. we're just hoping whoever that somebody is, will come forward and give us a tip that we need. >> this is a police sketch of the hit-and-run driver. he was driving a light colored cadillac with the dark colored top from the '70s, or '80s. >>> the off duty chp officer killed in a hea

glen taylor is celebrating she just qualified for $20,000 in down payment asis stangs from wells fargo bank. it's the last piece she needs to buy a home for her family. >> dreams come true? >> dreams do come true. they do. they do. >> wells fargo is reaching out to hundreds of bay area families, trying to help them with $20,000 toward a down payment on the purchase of a home. sean coleman lined up at 6:00 a.m. and was one of the first to find out he qualified. >> exciting day for you? >> yes, it is. most exciting thing, better than a birthday. >> and not everyone who applies will qualify. applicants muff a consistent income and strong credit history. for those who qualify the entire $20,000 will be forgiven if the buyer stays in their home for at least five years or prorated 20% per year of residence. >> the goal is to make sure we don't have people jumping in is flipping properties but lit rattily stay there. >> they stopped to enjoy the home tour even though they found out they did not qualify for the down payment assistance. >> we were closer than we realized to having something that we

glen taylor is celebrating she just qualified for $20,000 in down payment assistance from wells fargo bank. it's the last piece she needs to buy a home for her family. >> do dreams come true? >> dreams do come true. they do. they do. >> wells fargo is reaching out to hundreds of bay area families, trying to help them with $20,000 toward a down payment on the purchase of a home. sean coleman lined up at 6:00 a.m. and was one of the first to find out he qualified. >> exciting day for you? >> yes, it is. most exciting thing, better than a birthday. >> and not everyone who applies will qualify. applicants must have a consistent income and strong credit history. for those who qualify the entire $20,000 will be forgiven if the buyer stays in their home for at least five years or prorated 20% per year of residence. >> the goal is to make sure we don't have people jumping in is flipping properties, but literally stay there. >> they stopped to enjoy the home tour even though they found out they did not qualify for the down payment assistance. >> we were closer than we realized to having something t

they say the man grabbed the wells fargo bank at the corner of monterey road and main street about 145 afternoon. he passed a note to the teller demanding money and said that he had a gun. no gun was seen in all was hurt but the man escaped with an undisclosed amount of cash. he was last seen heading south on monterey road. >> police are searching for a man who robbed a bank in >>. these are those taken from the banks surveillance video from the bank on ralston ave. authorities say the suspect into the bank and that money from a teller before running off. no one was hurt. bank employees describe the suspect as a white male adult between the age of 25 to 35 years old and between five but nine to 6 ft. tall. >> it is a breakthrough on the basketball court. have you been ready for the rise of media you have been getting? >> no i wasn't. it is not what i was expecting. >> 51 year old >> anyone who is elegy bt should follow their heart. anyone who tells you you shouldn't doesn't know. >> we did not think about her being transsexual. she is 67, who doesn't want that? >> we do not a lot of pl

investigators say the woman is in impersonating a customer at a wells fargo bank. according to police she made unauthorized withdrawals totaling $20,000. now take a look. if you recognize her please call mountain view police. >>> time is 5:16. just when labor negotiations were looking up, all hope for saving the nhl season right foul looks like it's lost. negotiations in new york broke down last night. the nhl took almost everything it had proposed right off the table. it also turned down the latest proposal by the nhl players. now the season is really in danger of being canceled all together and we're told no new negotiating sessions are planned. >>> 5:17 is the time. still pretty good commute so far. let's check in with tara. >> we are pretty lucky. i'm seeing all green arrows on my map. first up we'll look at 880. you can see traffic flowing nicely there. those folks are heading southbound toward hayward. up next a look at the toll plaza. no backups. and so if you need to get across into san francisco do it now. this is a look at highway 237 near milpitas the ta

the wells fargo bank at the corner of monterey road and main street. about 1:45 saturday afternoon. he passed a note to a teller, demanding money and said that he had a gun. no gun was seen and no one was hurt, but the man escaped with an undisclosed amount of cash. and was last seen heading south on monterey road. >> colder weather and rain set to hit the bay area. you're looking live from our camera atop mount tamalpais. it is getting dark now. but i bet it is cold out there. and a live look at downtown san francisco. skies are i'm here in the kron4 weather center with erica kato. we had some really cold morning weather? >> if you thought this morning was called wait until you see tonight. there is a frost advisory antifreeze warning for the north bay. beginning after 3:00 a.m. with a frost- advisory warning. and a freeze-warning. we are in freezing temperatures in vallejo. we are going to see temperatures drop. this could be one of the coldest evenings and mornings so far. temperatures between 30 and 34 degrees. you can anticipate frost, slippery sidewalks and even black ice. >>p

. >> police say, the man robbed the the wells fargo bank at the corner of monterey road and main street about 145 saturday afternoon. >> the testing note to the teller, demanding money and said that he had a gun. >> no was zeno was heard, but the man escaped with an undisclosed amount cash last seen heading south on monterey road. >> in vallejo to children and 12 and a 13 year old arrested and accused of stealing a rifle. >> police alleged that it took the weapon from residents on irene drive. this happen at around 115 monday. >> that is when a motorist of the two boys on columbus park will hold the air rifle case. >> one clearly had a rifle case it was a khaki green to handle rifle case. the other kid had a backpack on. when i turned the corner i saw them and they had squatted down like they were attempting to hide. there was no rush where they were. at that point they were running up to the rock formation and were hiding. i made a left and parked up the street where i could see them and they could not see me. tell me there were two units on the way i saw the two units come flying up h

bank. wells fargo says tomorrow and saturday they will grant $5 million in down payment assistance for those who qualify. >>> police are looking for the driver of a vehicle who hit and killed a pedestrian and drove away. it happened wednesday night around 5:45 p.m. investigators say the victim was crossing the street when he was struck by a dark colored suv or van. police say the vehicle continued south dound -- continued south bound. the victim's identity is being wealth held. >>> investigators say a man who died last night after a fight at a homeless encampment was strangled to death. he was fighting with another transient before he died. a autopsy revealed that cause of death. he was booked into county jail on suspicion of murder and being held on $1 million bail. >>> investigators make a break in a case of a string of tollbooth robberies. ktvu's ken pritchett joins us live from the carquinez bridge toll plaza on why the crime had a pay out. ken? >> reporter: there have been 10 robberies of toll workers here at this toll plaza at the carquinez bridge toll plaza in the past year and the ch

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

six major banks announcing they will halt -- wells fargo, bank of america, citigroup, they say they willty until the new year healthy defaulting borrowers remain in their home for the holidays. fannie mae and freddie mac, does governor god, were the first to announce this. these banks following suit. cheryl: they could go in there and get the foreclosures done now. they are waiting until the next year. dennis: it is probably good for their image business to do this. i like that rather than regulations forcing them to do things. cheryl: we are seeing a lot of short sales in the market. the home of the u.s. auto industry is shifting to a -- dennis: that is an incredible story. michigan's blow to the organized labor movement. adam shapiro and melissa francis are up next. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number expernce. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable p

keep senior citizens and people with disabilities and their homes will be held today outside wells fargo bankstreet in san francisco. in the obama administration says states must commit to full expanding their medicaid programs in order to take advantage of generous funding in the federal health-care law. monday's ruling affects the federal-state program that covers nearly 60 million low-income and severely disabled people. under the law the federal government will cover 100 percent of the cost of three years of expansion. expansion scheduled for 2014 is expected to provide coverage to about half the 30 million uninsured people who benefit from the law. >> a to a policy meeting on the federal reserve begins today and it appears the fed will continue moving forward with programs to stimulate the economy. the fed is likely to continue to purchase 45 billion a month in long-term treasures treasurys. the goal be a further reduce long-term interest rates encourage borrowing by companies and individuals, perhaps of softening the impact if there's no agreement to avoid the fiscal cliff. the fed's ba

wells fargo. bank of america. welcome. >> reporter: his nonprofit helps homeowners in trouble and protects them from predator lending. >> whether people -- predatory lending. >> when people come here, our job is to make sure they get an affordable solution. >> reporter: the government he says has failed to hold banks accountable. mark cuts through bureaucracy by bringing the big banks here. >> all the players are here in one place to get it done. >> reporter: first, naca's mortgage loan counselors examine homeowners' financial information and living expenses to determine what they can afford. then they bring the homeowners and all their documents to meet with their banks. face to face. >> it's tough to say no when you're face to face with a homeowner. someone's not apiece of -- not a piece of paper, they're family, their lives. >> reporter: the organization has conducted 100 of these home-saving events across the country. the result, more than 200,000 families, they say, have struck new deals with their banks and

paul ash is here from the food bank and we're joined by mario diaz from wells fargo. you guys have been a great participant with us to really help out the food ban locally. >> we're san francisco's bank since 1962. we are pleased to support the marin food bank to fulfill the needof families struggling to have meals morning, afternoon and evening. so today we would like to present the agency with a $100,000 check. >> wow! $100,000! very good! [ applause ] >> how about that palm. that has to make you feel good. >> it's fantastic. what impresses me and you can't even put this on a check are the 3,000 hours of volunteer time that wells fargo team members have put into the food bank this year. they rehabbingage rice, beans, anything we need. who go to cbssf.com and click on "food for bay area families" and you can make a donation there, as well. thank you very much, guys. happy holidays. back to you. >> thank you. amazing, $100,000. >> whoo! >> no kidding. >>> coming up next, you may order tuna but is that what's really on your plate? the surprising finds in restaurants and

. >>> a san francisco-based bank loses its top spot as far as keeping its customers happy. wells fargohas slipped to second place behind jpmorgan chase when it comes to customer satisfaction among big banks. it's the first time in a decade that wells fargo has not ranked number one in the american customer satisfaction index. bank of america's rating is also down to a ten-year low. >>> facebook is number one on a new list of the best places to work in the united states. the survey from glass door also says facebook is tied with southwest airlines as the most improved companies. other bay area companies on the list including riverbed technology, google, chevron, and linkedin. >>> crab fishermen are sailing out of port this morning. crabbers will head out of san francisco, half moon bay and bodega bay. they went on strike after wholesalers tried to pay them less than $3 a pound. strike meant there was little fresh dungeness crab left in stores and restaurants. >>> prices lower a little bit, get a lot of fresh dungeness crab. hopefully more people can come into the restaurant and come dow

a bank like wells fargo, u.s. bancorp, u.s. bank in europe and strong managements, jpmorgan, morgan stanley, tremendous exposure to the continent. that's why at times i've had to dismiss the earnings per share gains entirely at the moment if the cohort was radically out of favor. but i never just forgot them. instead, i tried to choose, figure out which ones can at times break the tug of the sector, the gravitational pull, and which can shine. if the second forfal-- sector falls, i got to be ready. since the march bottom of 2009, generational, we've seen retail and individual stocks within the sectors outperform. i like it listen to the earnings calls of all the retailers. at given times, i am wrapped by the groups doing the best. by far, the top performers during this period have been the discount stores. particularly the dollar stores. notably dollar general, d.g., and dollar tree, d. t. when i see the retail, i go back to my earnings report memory and reach for these two because they have the most earnings momentum. i know th

they threatened to steal funds from chase, citibank, wells fargo and other banks. the attack could effect thousands of bank accounts. the bay area's housing market might be showing signs of a come back. the median price has gone up 20% in a year. in november that number came in at $438,000. almost 7300 homes changed hands last night, that is an increase of 16%. >>> we are still waiting for a deal on the so-called fiscal cliff, what transpired today at the white house white house between president obama and speaker of the house john boehner coming up. >>> ambassador susan rice took herself out of the running for the secretary of state. she sent a letter to president obama saying she doesn't want the position to be politicized and is saddened from removing her name. she same under attack for her handling of the attack at the u.s. consulate. >>> california coast will look different, how the sun and the moon play a part. >> back here in just a few minutes, showers back in your forecast, not only that it will get cold tonight, a frost advisory for parts of the bay area.

bank of america j.p. morgan chase wells fargo citi group and others related to the more than one trillion dollars worth of securities backed by residential mortgages so max they're talking about the banks are battling on three fronts with prosecutors who accuse them of fraud with regulators who claim they duped investors into buying bad mortgage securities and with investors seeking to force them to buy back the sour loans now the duped investors include the federal housing finance authority who oversee fannie mae and freddie mac. so these federal housing finance authority are claiming that j.p. morgan chase citibank bank of america all these banks lied to them so there is now there is a law that goes back to eight hundred sixty three that is used to entrap mere mortals so they could use this against time bankers they need they own the president are saying and they need to put people in the prisons because they own a prison in the presence of publicly traded in their bonuses are based on options tied to the price of the prisons that are trained on the exchange that need to be filled up so they top up thes

other banks including wells fargo and jp morgan chase have increases in the works. we have no timetable for hem. theer here is a feel good story. 10-year-old james garcia live was a developmental disorder. two years the boy saved every penny he had until he had $100 needed to buy a lego train set. playing with legos helps with social skills by the time he saved the money lego discontinued making that set. so the boy wrote a heter to lego asking if lego could help him find the set. lego restraight stated the train was no longer being made. but guess what? several days later a box arrived at the door from lego with a hidden camera. his parents recorded the whole thing. >> i finally have it. >> i'm a big lego fan myself. >> lego sent the set and a letter thanking james for his loyalty to the company. the boy is now convinced that lego is the best company in the world! but the way we have a link to the complete video on abc 7 news.com. >> that is sweet. >> marvelous. >> the best company ever. >> yes. >> love that story. thank you. >> sure. >> abc 7 news is teeming up wi

banking. it is not necessarily a different currency, but it would be a different way of handling money. for instance, san franciscans could do it. a good but the money instead of in wells fargo or whatever, a private commercial bank, into a bank that is owned by us, and that the interest goes into city treasury, and we extend credit to ourselves. there's really innovative things that are happening, and that our public banking laws being lodged in a number of -- i think it is, like, 13 states right now. very innovative things happening. in the back. >> there are a lot of assets you are sharing that are really great at the grassroots level and bottom-up, but there are also things that are done the need to be shared such as public transit that cannot be done bottom-up and have to be done top down. i wonder is there a way a sharing economy can create those projects, or do we have to rely on residual benefits of bottom- up activity like reducing car use? >> the question is -- there are a lot of grassroots bottom-up activity, sharing resources, but there are also opportunities to take macro approaches like public transportation, for instance, and how we can get some of those oppor