span llc made a $1 million contribution to the super pac just six weeks after w span llc was created.1 weeks after that, the company filed papers dissolving it as a corporate entity. w span llc was created in march by a boston lawyer who works for the law firm ropes & gray. one of ropes & gray's longtime clients is bane capital, the investment firm founded by mitt romney. the address listed for w span llc in the super pac's sec report is 590 madison avenue. the real estate company that manages 590 madison avenue has never heard of w spann llc, but bane capital does have offices at that building. bane capital said in an email, bain has many employees who actively participate in civic affairs, and they individually support candidates from both parties. the firm takes no position on any candidate, and the entity in question is not affiliated with bain capital or any of our employees. but shady financing of his campaign and his current front-runner status in republican primary polls will all amount to nothing, because mitt romney can't win. joining me now is paul goldman, former chairman

san francisco municipal transportation agency to amend an expenditure contract with cypress security, llc, to add an additional $18.7 million to continue security services for an additional three years. supervisor chu: thank you very much. on this item we also have ms. hoolihan from the mta. >> good morning again. this is a three-year extension of the existing contract we have with cypress security. basically, under our first three years, our total expenditure was $14.3 million. under the extension of the three years, this includes an 88 cent per year cost of living increase. the total rebuy amount of the contract is $32.9 million. this is including additional services, which is video data assistance, which helps us poll video the after hours when there is a crime-sensitive case with sfpd, allows us to that mobile tunnel patrols, additional security staffing at mme. when we initiated this contract, that facility was not fully staffed and occupied. if you have any other questions, i am available to answer them. supervisor chu: why don't we go to the budget analyst's report. >> based on the

spannl llc. now, that is a little mysterious. headquarters are listed as being on madison avenue in new york city. but this group, this spann company, was only created when it was registered with the state of delaware, land of mysterious corporations, back in march. the incorporation papers were filed by this young boston lawyer. we don't know who her client was or what this new corporation planned to do as a business. we do know that this particular lawyer specializes in something called wealth transfer strategies. and the very next month, after she filed the incorporation papers for w. spann llc, they did in fact transfer a whole bunch of wealth. in april, w. spann transferred $1 million. not to mr. romney's campaign directly, but to a pac being run for his benefit. there's a giant contribute button and some boilerplate comments about cbut di's realla romney. it is run by mitt romney's backers. they have had mitt romney solicit donations. it's a mitt romney gig. they raised more than $12 million in the first half of the year. a

our landlord, the llc is 544 golden gate avenue associates. when there is mailings that take place, sometimes instead of being sent to a said 536, they are sent to 544. there are not any tenants at 544. there was a builder-developer that was taking up the office space at 544. they are doing construction on the new pc building across the street. when they left a lot of the mail was being forwarded from 544 to our landlord's home address. there is a lot of lead time between that. that, coupled with the fact that our landlord was that of the country attending to some family matters, made it so that there was a lot of miscommunication. mailings never made it to me. never were in my possession until significantly later down the road. the initial citation to place in august of last year. i did not get access to the second or third violation until january. we had some issues between the landlord trying to figure out who was responsible for what. eventually, additional time lapsed and it ended up in the hands of code enforcement. >> what did you think

folsom street and essex street with a portion of abutting real property owned by 515 folsom street llc; adopting environmental findings and other findings that the actions set forth in this resolution are consistent with the city's general plan and eight priority policies of city planning code section 101.1; and authorizing other actions in furtherance of this resolution. supervisor chu: thank you. mr. pike? >> this item is a resolution authorizes an exchange of city property with a private property owner known as 515 folsom st.. i have on the overhead the general area in the transbay terminal area. in particular, it is this parking lot, here, on folsom. essentially, and the area in pink is being exchanged for the area in yellow in the photograph on a overhead now. tjpa and the city, which permitted the transfer of state property -- to the city, and subsequently we are before you now with this exchange agreement that squares off the ownership of the private parcel and city parcel. it facilitates the city parcel through the redevelopment agency, a party to that agreement, to allow for t

in general, to the lenders, what type of vanity do you traditionally see approach you for loans, an llc, corp., and who is liable, for whose borrowing the money? >> as a micro lender, we expect the principles, the corporate form, to provide guarantees. >> personal guarantees. >> the same. 20% ownership in the company. [inaudible] >> [inaudible] >> i heard something about sba guaranteed loans. maybe i missed something. does that have to do with the sba guaranteeing the entity? >> the question on the sba guaranteeing a entity as the order of the business, whether it is a corporation or partnership, for any small business lending, you should expect to be guaranteeing that long personally. as a small-business owner, from a lender's point of view, we want to see that you are as invested in the business as you are asking the bank to be. the idea that non recourse loans, the way you describe it, loans that you get without having yourself personally liable is not the way it works. you should assume you will guarantee the loan regardless of the structure of your business. the good news, though,

we are leasing from an llc. we are not the landlords. >> or the honor? >> we're not the owner. >> why does it siccone owner -- tollneco-owner. >> you mentioned you hired a licensed plumber. what did that person do? did they have to redo some of the work? >> when we were cited, it was noted that some of the work was done incorrectly. we had to hire a licensed plumber to take the corrective measures and do the work properly. to install some pipes properly. >> what was the problem with the pipes you had done? >> we attach them without proper -- attached to them without proper ventilation. i do not know the exact procedure. the citation mentioned there was improper ventilation and there was some traps that were done improperly. >> you are the one who had to pay the penalty, not the honor? >> correct. ok. i will ask mr. duthie about that. >> thank you. -- i will ask mr. duffy about that. >> thank you. >> good evening. i spoke earlier with the chief putting -- plumbing inspector. he wants to keep the penalty at nine times. some of the reasons are -- this was f

. >> caption colorado, llc comments@captioncolorado.com >> mason: tonight, it was another wild ride on wall street. i'm anthony mason. on a nervous day for investors, prices swing up and down before a late rally sends the dow ahead more than 400 points. look out exxonmobil. apple is challenging the oil giant for the title of most valuable company in america. britain floods the streets with police officers to try to head off another night of rioting. >> pelley: and i'm scott pelley reporting again from east africa, where refugees from the famine crisis are streaming into camps that have filled far beyond capacity. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> mason: good evening. scott will be reporting on the refugee crisis in east africa later in the broadcast. but we begin again on wall street. after yesterday's plunge, everyone was waiting to see whether stock prices would fall further today-- they did. or rally back-- they did that, too. it was not a day for the faint of heart as the dow rose, fell, and rose again before closing with a gain of 429

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in general, to the lenders, what type of vanity do you traditionally see approach you for loans, an llc, corp., and who is liable, for whose borrowing the money? >> as a micro lender, we expect the principles, the corporate form, to provide guarantees. >> personal guarantees. >> the same. 20% ownership in the company. [inaudible] >> [inaudible] >> i heard something about sba guaranteed loans. maybe i missed something. does that have to do with the sba guaranteeing t e

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for $5,304,500 contained in a lease dated for reference december 20, 2006, by and between 1 newhall, llc, as landlord, and the city and county of san francisco as tenant; adopting findings unde. supervisor chu: thank you very much. we have dr. amy heart from the migrant center. >> good morning. my name is john updike, acting director of real estate. today we see the recommendation to acquire this property that jennings and newhall in the india basin subdivision. i have a general map in the overhead. the property is on a street that leads to the postal service facility and is somewhat disconnected from the basin as a result. it does a for the city to secure an excellent match for the office of the chief medical examiner, subject to design, cheaper review, and authorization of funding over the left -- the next two to 2.5 years. originally leased in 2006, housing the laundry facility, dislocated from a hospital project. primarily as a result of an arbitration between union representative laundry workers and the city. set aside, subsequently, the laundry is now an outsourced function that ne

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in general, to the lenders, what type of vanity do you traditionally see approach you for loans, an llc, corp., and who is liable, for whose borrowing the money? >> as a micro lender, we expect the principles, the corporate form, to provide guarantees.

. >> caption colorado, llc comments@captioncolorado.com ley: tonight, the dow drops more than 500 points. we look at what's behind the wild swings-- rebecca jarvis is on the floor of the stock exchange. u.s. forces hunt down the men who attack the navy seals helicopter. david martin has the story of american payback. a new cancer treatment is being called astonishing-- saving a patient who was sure to die. dr. jon lapook has the details. and what happened to jim chasse after he fell into the hands of the police? armen keteyian reports federal agents are investigating police brutality across the country. >> these guys are supposed to be the peacekeepers but in fact they're raising all kinds of hell. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. we haven't seen this since the darkest days of the financial meltdown. three days in a row the dow jones industrial average has moved more than 400 points, and most of that has been on the down side. today the dow lost 519 points, or 4.6%, for its lowest close in nearly two years. so far this

. >> caption colorado, llc comments@captioncolorado.com >> pelley: tonight, floodwaters show no mercy. the remnants of irene leave entire towns stranded. homeowners see everything they had washed away. >> you can sit down and cry about it or you can just, you know, hold your chin up and move forward. >> pelley: top-ranking law enforcement officials resign after a botched sting operation exposed by cbs news correspondent sharyl attkisson. home prices are falling. so why is to one buying? chip reid got some answers. and bob orr has turned up pictures that few have ever seen. images of the desperate search for survivors in the days after 9/11. >> this opens up into a large space. we may want to take a look! captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. imagine waking up to find yourself stranded on an island with no way off. that is, in effect, what's happened in vermont where floodwaters brought by irene have left 13 towns cut off from the rest of the world. and their water treatment plants have failed. 13 towns where people have

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