the retirement system, general hospital, and the laguna honda hospital, and the san francisco finance corp. kpmg audit the airport, hetch hetchy water and power, mta, the health services system, and there are other auditors to audit a small component of the city's financial statements. an overview -- week issued an unqualified opinion on the city financial statements -- we issued an unqualified opinion on the city financial statements. we did not identify any control decisions that we deem to be material weaknesses in internal control over financial recording, nor do we identify any reportable matters as a relates to compliances with laws and regulations that could have a material effect on the city's financial statements. we have before you also our report to the government audit and oversight committee, which includes are required communications and the current year recommendations we have for management and also a follow-up on the status of prior year recommendations which made in the prior year. we also have to present to you our single audit reports. these are the audits of your feder

corp. developed suv company in august with special americans. mr indeed has served in this position since 2001 or seen financing and investments, insurance and other company functions. we owe less key is chief executive officer of trend markets. provider of online trading services. prior to working for trade web, oleski was the ceo of an opportunistic brokerage and also worked at credit suisse first boston in a variety of positi s positions. terry duffy is chairman of of the cme group which operates several major futures and exchanges and item line trading. mr. duffy has served in his current position since 2006 and has been a member of cme's board since 1945. chief executive of lc age clear in that group which is an independent group serving exchanges and otc markets. mr. erics previously served as overhead of operations for barkley's capital. jennifer per catch is chief investment officer of public employees retirement association of colorado. this helped us position since 2003. she oversees the investment process for public pension fund that provides benefits to employees of the current state governments and municipalities and universities and

institute] [captions copyright national cable satellite corp. 2011] ♪ ♪ [no audio] >> facebook users asking president obama about the country's financese, deficit. we want you to weigh in now. it was president obama effective in telling them about his reduction plan? the numbers are on the screen. our first call is from houston, a republican. hi, kevin. kevin, are you there? >> yes, i am. >> what is your comment? >> i think we are seeing the same for the past three years. i do not think anything has changed as far as what he is trying to sell, health care or anything else. >> you are a republican. do you prefer congressman ryan's plan? would you like about his plan? >> not really. there are good few points about it, but i think we need somebody, no matter who the republicans put into office -- and i could be canned for saying this, but i liked sarah palin in lots of ways, but i think they need someone with business sense solving these business problems. i do not think obama basically has the leadership at all. he never has, in my opinion. i think we need a change for america. >> another call from texas. is it her luncheon? -- harligen

corp. 2011] >> and now more from the financial literacy summit. this summit is about the level of knowledge that parents and kids have about their finances. the moderator is janet bodnar, head of kipling years personal personal-- kiplinger's finance magazine. this panel is just over one hour. >> in addition to overseeing the magazine, janet has written extensively about a wide range of topics on investing, personal finance, and the economy. she is also a nationally- recognized author and expert in the field of family finance. her latest book is "money smart women -- everything you need to know to achieve a lifetime of financial security." money smart kids column appears regularly in kiplinger's. she has. regularly on a number of tv shows -- appeared regularly on a number of tv shows. with these sterling credentials, janet, i will turn it over to you. [applause] >> thank you very much. speaking of sterling credentials, we have a panel full of shining credentials. i will introduce them briefly. we will move right into some very interesting questions, some of which grew out of the first panel. others are specialties of these folks up here. o