programs, a leading provider of micro loans in california, and has a robust community real estate finance unit. next, we have the ceo of ne community federal credit union. since 1988, she has been the ceo of northwest community federal credit union. under her watch, the credit union group to over 1600 members. it has become the national model for institutions seeking to provide financial education and banking services to the low- income communities. last but not least, we have our conditional lender represented here by wells fargo. mark cyrus is the senior fda banker for the region -- the senior sba banker. he held businesses choose the best loans for the growing business and focus on a comprehensive understanding of their goals for their business. mark is responsible for helping entrepreneurs with sba loans every step of the way. i would like each of you to speak a little bit about what your organization does and, more importantly, address the audience here and let them know what your looking for when you are hoping to fund their loan. we will start with you, mark. >> absolutely. thank you. i

there's been a ton of depressing development in campaign finance at citizens united with the rise of super-pac. i don't think image associated with campaign finance is quite as sad as this one. it's the president of the united states sitting alone with his laptop in a room where perhaps teddy roosevelt sat when designating the national parks or lincoln sat emans paight the slaves or taft sat eating an incredibly large bowl of chili. that is obviously historically inaccurate. we all know taft ate with his hands. he was an animal. no spoon for him what was our president doing alone with his laptop? donating to his own presidential campaign. >> i want to make sure that folks know that i'm not just talking the talk, i'm walking the walk. lawyer, united states of america and my occupation is president. [ laughter ] >> jon: birth place -- [ laughter ] mr. president, don't do it. don't hit the donate button. don't give you your e-mail address. you'll end up spamming the living (bleep) out of you. how much access are you buying, mr. president? are you going for the $40,000 clooney and hang? t

fans accuse malcolm glazer of ruining man united finances and plunging the club more than half a billion euros into the red. the ipo was supposed to change that, but soccer shares have a poor track record. italy's juventus has slumped by 85% since it went public. another one lost 89% after its ipo. and germany's only publicly listed club lost 74% on the open market. manchester's lackluster ipo suggests that soccer stocks may appeal to die-hard fans, but they cannot fire up investors. rise as we heard earlier, big losses reported in germany's largest steelmaker the end of the week. it says it was 22 million0 the red for the first nine months of its fiscal year. it blames slack growth in large building projects and cutting working hours at the five still making facilities in germany in response. >> the numbers are cause for concern because the steel industry is seen as a bellwether for the economy. >> the hunt for german tax evaders has taken a new twist. >> tax officials in germany say they have evidence that swiss banking giant ubs has been actively assisting tax-dodgers. >> the revelati

happening in syria we've seen that the the civil war which has been clearly few and funded and financed by the united states has now spilled over into lebanon and this as this war continues as it will do. lebanon will almost certainly be engulfed in the civil war so i think these are policies that great powers particularly the united states will into existence because they weaken possible opponents ok and what do you think about that it works to america's advantage and its allies to have these sectarian differences particularly in looking at a syria in the region. well on the one hand i think ryan is right that the u.s. doesn't deliberately want there to be the secretary in conflict but on the other hand the u.s. has other should teach it goals in the way it pursues them actually exacerbates and fuel sectarian conflict so when the u.s. looks at a place like syria they see bashar al assad's regime they see it allied with iran iran is our enemy and so we really want that guy to go and but in trying to will that to happen what we wind up doing is helping the opposition with non-lethal aid with intellige

united airlines. using my miles and finding a different airline. and finally, from the editor and chief at yahoo! finance. pilot says united computers coming back online and there was great rejoicing in the cabin. well, may have been rejoicing in the cabin but investors this morning after a dip the shares coming back a little bit, sue, but trading lower. the bigger issue, sue, the latest glitch with the united computer. we have seen since this sense the merger with continent l and they say they're working this out but how many people say i have to endure this again in the future? >> a lot of turbulence in that relationship so far. thank you, phil, very much. the stock down better than three quarters of a percent today. >>> a bit of an image problem for zynga, as well. another top executive leaving, this time the chief creative officer. shares are down 3% at $2.90. the stock is down better than 68% year to date. cnbc's julia boorstin is looking at what lies ahead for the embattled firm. hi, julia. >> reporter: well, sue, zynga suffered from a number of high-profile exits recently which makes this departur

killed in a gun battle in aleppo yesterday, and two journalists working for an arab tv station financed by the united states are now missing. jim clancy is joining us. want to start first of all with the president's comments. this was made yesterday about a possible u.s. military response. take a listen. >> we have been very clear to the assad regime, but also to other players on the ground, that a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized. that would change my calculous. >> jim, this really got a lot of us thinking and got our attention here when he talks about changing the calculous, changing the equation, crossing a red line. this is a language that is very, very strong. we have not heard this from the president yet. this is the first time here. what does this mean? in terms of where the united states is positioning itself, and how syria is responding? >> reporter: well, we look at this in the context of what is believed to be in the hands of the syrian regime, and that is a very large and potent arsenal of nerve agents that could be deplo

." >> this is a discussion on the state of campaign finance following the supreme court to texas and united decision. panelist said that groups that do not have to comply with disclosure laws are outspending those that do. they also talked about how changes in campaign finance could affect this year's presidential and congressional elections. from the bipartisan policy center, this is one hour 20 minutes. >> ok. welcome, everybody. i am a senior fellow at the bipartisan policy center and i have more than a passing interest in this issue as a running -- as i have been running campaigns for congress. we will not talk about the last one. i was kind of there when the history changed and win campaigns began to become very expensive. it is a matter of personal interest to me as well as a matter of great interest to our country, but we are delighted to welcome you for a sixth event in our democracy project 2012 election series. the project is cheered by myself -- chaired by myself and others. the topic today is the capital behind capitol hill. development of finance campaign -- campaign finance. i

is so hostile to creative finance, people have to go outside the united states seeking better regulatory structure. i don't think we are underregulated. we are overregulated and this overregulation transforms was would-be entrepreneur real capitalist institutions into extensions of government. the epitome of the corrupt incestuous -- unfortunately has come to represent wall street. venture capitalists and private equity people, what mitt romney did was superb and michael jensen incidentally has studied the effects of private equity during the 1980s and early 90s and find them overwhelmingly positive. this was a time when the u.s. was creating forty million jobs and this was a time when wall street managed some 43,000 m&a transactions. it is bad when it is all embroiled in government shuffles. >> 30 seconds. >> and housing finance. >> the prosecution has not proposed putting wall street behind bars and what we expect is the different sets of governing rules for wall street. if you have ten seconds what would you say those should be? >> put jon corzine in jail. >> your witness. >> you have

city, the option to purchase additional bmr units, which will be critical for those units that are pursuing state financing, such as tax-exempt bond financing. we can provide further incentives to increase their affordable housing component up to 20%. it is a tool that we hope to have to allow us to increase that -- that bmr production. finally, and again, this is a programmatic component and it will be legislation we will pursue outside the charter, but it was part of our conversation in the working group. the charter amendment will do a couple of things that

city, the option to purchase additional bmr units, which will be critical for those units that are pursuing state financing, such as tax-exempt bond financing. we can provide further incentives to increase their affordable housing component up to 20%. it is a tool that we hope to have to allow us to increase that -- that bmr

finance. >> across many markets in the united states, and across many, many price points, buyers are coming back. >> reporter: toll brothers, which builds high-end homes in 20 states, saw its orders jump 50% in the second quarter from a year ago. >> it's probably the most optimistic we've been in the last five years. >> reporter: and prices are starting to rise. in 110 of 147 metropolitan markets, the median price of an existing single-family home is now $181,500, an increase of more than 7% from a year ago. that's the strongest gain since 2006. at the same time, delinquency rates on mortgage loans are declining. analysts see an improving house market across the board. >> reporter: guy ceccala says the construction industry is coming back from the dead. >> it's actually creating jobs and it is helping the economy. it's just not helping it like we've seen in the past. >> reporter: home prices are still 20% below their peak, but builders say this time, the turnaround is for real. >> the last few spring selling seasons have shown some signs of recovery, but they haven't been that sustained. th

city, the option to purchase additional bmr units, which will be critical for those units that are pursuing state financing, such as tax-exempt bond financing. we can provide further incentives to increase their affordable housing component up to 20%. it is a tool that we hope to have to allow us to increase that -- that bmr production. finally, and again, this is a programmatic component and it will be legislation we will pursue outside the charter, but it was part of our conversation in the working group. the charter amendment will do a couple of things that we talked about -- it will reduce the on- site obligation by 20%, and it will also stabilize the affordable housing obligations for 30 years. the reduction is calibrated both in the percentage of units that are required, but also to an ami or affordability level. for ownership, our current program requires that 50% of on- site units be affordable to residents who make 90% of median income. but we also want the flexibility to, where appropriate, increase the ami level. rather than sell units at 90% ami, in some cases, it might make sense to sell units

financing. you had the citizens united decision. there will be a fundraising difference.t would have said four years ago i didn't think it was possible. now it looks like they will have more money. >> bob: you are right. it's strategic on his part. they made a decision to invest in the ground game. romney kept his money to invest in tv game. in september, the networks will be full. you have can't buy another ad. starting by third month out, they're spending money on the races. >> eric: if i were romney campaign or the super pac point out that obama has a tendency to spend more than he takes in, not only in campaign but in government. usually opposing campaign go dark in the other convention. this year, president obama is sending joe biden to tampa to hang out in parking lot while invited guests are inside. even you as a card carrying liberal says this is desperation. >> bob: it's an interesting tactic. this campaign is breaking all kind of new rules here. take attention away from republicans, you should be happy. you think biden makes mistakes all the time. >> greg: you a

submit that no other country in the world has a more well-functioning capital system and financing system than the united states of america and that happens with the investors that wall street. we should remember that. it's extremely important for economy. who is culpable and who is guilty and who should be on trial here? and who is responsible for the $11 billion in losses? let me tell you who i think that should be. on trial should be barney frank. barney frank -- [applause] the man who said we should roll the dice on the housing market and we did world that guys and americans lost trillions of dollars. i would submit that chris dodd, the former senator from connecticut, should be on trial for having cozy relationships with the very types of people like countrywide that he was supposed to be regulating. i would submit that fannie mae and freddie mac should be on trial for providing 100% guarante, taxpayer backed guarantees for mortgages and ladies and gentlemen of all the bailouts we did, the two institutions that never paid back any of the money that they lent them as taxpayers were fannie mae and red

finance reform. >> citizens united could change this election.here are hundreds of millions of dollars that are piling up. it's going to be spent in ads, anybody who lives in a swing state you will see wall-to-wall ads that are paid for by billionaires. >> and the question is also, whether people who are in the center, the independents who may decide the election, whether they'll be turned off by too many ads or not. most political pros believe they will not. >> people say they don't like the ads but guess what? the ads affect them. >> jane mayer, thank you. >> great to be with you. >> nice to have you. >>> he made the america's most important chef of the last 20 years. we'll talk with jean george v g vongerichtin about the art of fine dining. ♪ >>> there are very few people in the food world that have achieved the success and critical acclaim and level of influence of jean george vongerichtin. he manages a total of 33 with more than 2,000 employees. chef good morning to you. >> good morning. >> we were talking about you before you sat at the tab

united states this is entirely possible but that didn't prevent the united states in the late one nine hundred seventy s. from financing and supporting the mujahideen against the soviets allegations that some global powers maybe stay. violence in a place like baluchistan for their geopolitical interests are quite disturbing and raises the question whether pipeline wars are a reality in washington i'm going to check out. coming up on r t tonight with me kevin in britain's economic comedown despite the hype and the higher ups it looks like the limp dicks of failed to give a shot of the u.k.'s finances and lift the country at a recession. headlines around the world now in brief a series of deadly attacks have hit afghanistan multiple suicide bombers have hit the turn of the ranges in the southwest of the country with the death toll now being put at thirty six over one hundred people were injured there meantime a separate bomb blast in the northern province of couldn't do this as killed at least ten people including children. continued in the french city where more than one hundred youths from a deprived neighborhood clash

this is an administration that's really been reckless with the united states of america's finances.finally, we're going to have a serious discussion and look, everybody knows there's no easy way to balance this budget. as big a problems as we've got. without significant spending cuts and entitlement reform. >> governor, one thing that came up last night on "60 minutes" was that governor romney seemed to be stepping away from the ryan budget. let me play a little bit of that. >> well, i have my budget plan as you know that i've put out, and that's the budget plan that we're going to run on. >> does he have to be more specific now about exactly how he's going to accomplish this to create some distance perhaps with the ryan budget proposals? >> i think he will be specific but i didn't look at that as distancing from that. i think in fact he said he probably would have signed that if that got to him. but there are so many complexities in a budget, of course he's going to have his own ideas, but the reason he's bringing paul ryan in is because paul ryan had the honesty to look at the ame

new york city will be the first in the united states to test social impact bonds also called pay for success bonds which are an effort to find new ways to finance initiatives that might save government's money over the long term this was first floated in the united kingdom by gordon brown when he was talking to private equity firm apacs about creating a some similar thing so here you have the private equity model you hollow out the economy you create an apocalyptic armageddon like society where there's no law and order the. because there's no society you are margaret back to you get rid of society and then you get to wipe up and clean up on the other side you know but make sure when they're in prison that you force them to play farmville on facebook to support that ponzi scheme all right stacey newman thanks so much for being on the cars report thank you max don't go away much more coming your way. nuclear file full of hides inside. radioactive fallout all government betrayal of the government of law and to laud and laud and claude how can the truth be revealed if there's no official evidence there was indeed a very great danger to the servicem

finance reform endorsed by nancy pelosi and other house recommends, earlier this month, when the house is still in session, the agenda disclose amend reform elect, it calls for legislation to overturn the citizens united case by amending the constitution to provide for public finance campaign -- campaign financing through a small donor matching program to restricting ballot access, including voter i.d. laws and disclosing nonpolitical groups, those organized as social welfare nonprofits and trade associations, to disclose their donors when they run political ads. so not elements of that relate to citizens united, supreme court case. but what do you think about the legislation? guest: i find it absolutely ridiculous on its face, and be careful what you wish for. this is what the american people should be afraid of, and i'll be candid, because the second this became law, the very organization and organizations -- and people behind it, would then be criminally held accountable if they wanted to do again. what these people are doing is dangerous in my opinion. they want to outlaw speech. they want to outlaw being politically active in this country. as i was talking about earlier, the class system between