. >> herbert wiener i sort of want to bring up a relevant issue in 2009 the government oversight committee heard testimony from the grand jury the grand jury was sounding the fire elementary school alarm that the retirement system was going bankruptcy because a salaries from the police department and what happened please fire protect our benefits the controller's office the mayor's office claire murray the head of the retirement fund stated the retirement fund was perfectly solvent in not in the murder in the third degree of the recession so this whole thing about the protection against the retirement city hall going smash i wonder about it in 2009 in the midst of the recession why we're coming up with those hedge fund is beyond me this is something i'd like to bring up earlier in my testimony and now there's a chance we may be sounding a false fire alarm and sense we're taking on unnecessary risks and those guys are vetted from the hedge fund we'll not be vetted so do this publicly so we can watch and as far as the members of the board goes okay each think of you is free to invest in hedg