it's taken ten years to get to this spot right now. thank you friends of joe dimaggio playground and thunk lizzy and thank you all for your persistence and thank you for putting the community interest above your self interests because quite frankly, the kids are in college now since the project started this. is an amazing inspired project and thank you to all of you for making our city great. yes on b! [ applause ] >> thank you phil, what he didn't complete the story we go out to school and do reads and do the poet in the pocket once a year. our next leader gives many, many hours of dedicated service to leading the commission, leading the vision for the library, not only the branch library improvement program, but the array of services and programs that we provide. it's my honor and pleasure to work side by sigh with their, our commissioner president julegomez. [ applause ] . >> thank you so much, what i want to do today in addition to thanking my fellow commissioners teresa and michael, and thanking the mayor and our supervisors. [ applause ] what i usually like to do is to remind a

. >> so wayne grets ski had a 51 game point streak, and joe dimaggio with 56 game hitting streak, and cal rip penn with 2,632 consecutive games, but the dow won't have that after 17 straight up days, and after eight record day closings, we are down by 37 points, but the dow is still up 10% year to date and as we approach the end of q1, the statisticians tell us that we have never had a down year when the dow jones industrial average was up 8% in q1 and we will have more markets in a minute. but first as ty mentioned at the first, the senate panel is issuing a scathing report of jpmorgan's $6 billion trading loss last year saying that the bank executives ignored growing risks and hid losses from the inv investors and the federal regulators and some of the top executives are still on the hill right now facing the heat. among them is former chief investment officer ina drew and she is there in the first public appearance since that scandal. our kate kelly is live on the hill, and i was struck, kate, by how much finger pointing by ms. drew and others in the testimony this morning and the

it's the joe dimaggio trade and definitely it starts to add up after a while.t's made a more palatable path for have interest rates, which already are going to have a hard time moving higher. but what's fascinating is, even with the fed's thumb on the scale, a point you've made many times, we still see a year and a half wide on the difference between our yields and ten-year boon yields. and one side bar, fixed income market doesn't usually have things that go, oh, my gosh over, but several hours ago, a story eked out that chesapeake energy, who's had their fair share of bad press, failed to recognize a window to call back some of their bonds issued in 2012, $1.3 billion. so everybody was kind of talking about that. it might have even briefly impacted the price of the stock. >> and in terms of that great rotation that we talked about, let me get your thoughts on that. we've been talking about money coming out of treasuries forever, but it looks like the money coming into the stock market is the largely from cash. are you expecting a big move out of bonds? >> thi

he used to whisper to me about joe dimaggio and yogi berra and mickey mantle and how much better theso one day, he buys this yankee uniform, puts me in a yankee uniform. i go out to play with the kids in the street, they grab me, and they're going to hang me from a tree. [ audience ohs ] >> jimmy: no. >> yeah, they wanted me to change. >> jimmy: you're kidding me. >> to change to a dodgers fan. i refused. my grandmother saved my life. she ran down and told them -- let me down from the tree. >> jimmy: grandma saved you? [ laughter ] >> my grandmother saved me. so this is why -- >> jimmy: good for grandma. >> so when people tell me, you know, "you're a yankees fan. how can you be a yankees fan?" this is like built in. it's my blood. i mean -- >> jimmy: you have to do it. >> i risked my life to be a yankees fan. >> jimmy: it's your dad's orders. exactly. >> this is like one of these people that's a martyr for the catholic church. you know? [ laughter ] >> jimmy: speaking of that, by the way, have you seen the new pope, pope francis? >> seen him. people come up to me on the street and sa

it's like joe dimaggio's 56-game hitting streak. nobody thought anybody would be able to do this.ken since the 1971-'72 season, and now if you look at the next 11 game, and we can put up the schedule after he see the play here, the miami heat have a legitimate chance to get past the los angeles lakers. it looks to me if you look at this schedule that the two tough games are going to be friday the 29th of march and sunday the 31st. i'm sorry, wednesday the 27th at chicago, that would be a tough of game at the bulls, and then san antonio's going to be very, very difficult. and the interesting thing about playing at san antonio, they have the best record right now in the western conference, miami in the eastern conference. but back on november 29th you might recall i was in the studio with you because gregg popovich, the coach of the san antonio spurs, sat four of his starters, doesn't have them play against miami, and he was fined $250,000, jenna. so now that's going to be a huge game. jenna: that was the whole thing, he decided he's going to bench his players to save them for a tou

>> joe dimaggio, 6 game, why not eight games?s, i do because you were in here, pfizer was the king of the market. 40 years -- >> annualized and 9% is 56% for the year. >> have we had a year like that ever? >> how about another way to look at it. all of those worries about the payroll test versus the 60% plus who own houses. you listen frank blake, what a great get by the 2:00 show and martha stewart always looking good at 71 or 61. >> the woman at the stock. frank is just now saying people are are beginning to spend more for the gdp on their home than they have before. the home is where the money is. >> so is the job. >> the job, home -- >> in other words, job beats payroll tax coming back. >> yeah. job is -- job is paper. house is scissors. >> and what is rock? >> what is rock? >> i don't know. what do you think? should rock be stock portfolio? >> that's a good one. >> do you remember that game? >> yes, i do. >> or did you play three-card monty. >> dice in the alley. >> go back to '96. i mean, '96 was the period that we had the

and park, thank you. [ applause ] this is going to be an amazing space that ties together the joe dimaggio park and you will hear more about that. it's wonderful to know that it really creates an amazing civic space for north beach and it wouldn't happen wouldn't fantastic support from the community. julie christinsen, a shout out to you. [ applause ] the. so throughout this ceremony, we're going to celebrate and pay tribute to all of the wonderful folks that are making it happen. so without further ado, person that not only has prior director of public works, city administrator and now wonderful mayor for our city; who has been terrifically supportive of our city, mayor ed lee. [ applause ] >> how is everybody doing? [ applause ] [ applause ] well let me begin by saying luis, congratulations but you know, when you are as successful as you are have been with the library commission it's like winning the first world series. we're not just satisfied with one project, even though there are 24 of these that have been completed with this one, and the proper use of our library bonds program from