>> aye. >> lloyd? >> aye. >> metcalf. >> aye. >> kim. >> aye. >> that is four ayes and item nine is approved. >> thank you. and we will look off the schedule for a broader discussion on dts and cal train at future board meetings in the next couple of months. item number ten. >> approving the arise participation level of 8.3 percent for years, 2010 to 11 to 12 to 13. and we did get in the informational presentation at our board meeting, i believe in september or october. so, if you could just give an update since then. >> right >> and the director sarah galatty will report on this. >> i thought that i would give a little bit of background since director was not here in september. i have to leave in two minutes any way. >> well the brief update is that we did put the revised goal of 8.5 percent out for public comment. we also had a small and disadvantaged business roundtable at our offices and got a lot of good suggestions but no comments that would lead us to revise the goal so we are recommending appro

. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member states has been plunged into crisis. >> first data appeared that italy was facing the prospect -- first, it appeared that italy was facing the prospect of uncertainty as mario monti appeared to be on the prospect of resigning. that pushed the stock market into a downward slide. >> in the last couple of hours, prime minister mario monti has come out and said he is not planning to step down in the near future after all, and that the nervous reaction in the markets should not be dramatized. >> investors are already nervous about what mario monti's early departure could spell for the eurozone. his tough 2013 budget, targeting a deficit of just 1.8% of gdp, is expected to pass by christmas.

katie and scott lloyd were born here. despite the harsh conditions they've built up a business with 5000 head of cattle. >> this is our life. this is what we're working for. we live and breathe this every day. we wouldn't be here if we didn't have a connection and we didn't love what we're doing. >> but not long ago everything changed. katie and scott live on a gas field. all over the farm access roads, gas wells and pipelines are cropping up. it's useless to protest. it's all within the law. mineral resources belong to the state, and it allocates drilling rights to gas companies in return for hefty payments. >> we certainly couldn't say, "no, you can't put wells in, full stop." so i guess it is a big sense of loss of control. >> they feel like guests on their own property. they take us to one of the wells. the gas is brought up from a depth of 700 meters. what worries the couple is that groundwater has to be tapped to get to the gas. huge amounts of it flow up, in dry queensland, of all places, where water is a luxury. >

lloyd blankfein of goldman sachs on the call, trying to confirm other members of the call.uickly, but not much progress. david: if there had been any kind of conclusion or any kind of agreement between republicans and democrats as we're looking at pictures -- that was nancy pelosi moments ago, if there was an agreement, there probably would have been an announcement, come out to the gaggle of reporters saying they are happy, and there was none of that announcing going on today; correct? >> exactly. there was none of that. if nay reached an agreement, it would have been announced here or at least by the president or there's an announcement by the president. it could be a good sign that they are not talking because maybe they did find some progress they don't want to discuss with the media or mess it up so they are just leaving. you know, you consider how this meeting started, there would have had to have come a very long way in a decent -- a decent amount of negotiations would have had to have happened there that have not happenedded over the past couple months, and, really,

lloyd bank blankfein about his suggestions for raising the retirement age for social security and medicare we've also heard from atmos c.e.o. mark hurd a leni who also argued for raising the retirement age and means testing social security medicare benefits essentially turning those programs in a welfare programs in fact seventy one c.e.o.'s have joined together as part of a so-called fix the debt coalition to call for cuts to social safety net programs instead of higher taxes on rich people like themselves and as the institute for policy studies discovered there's a good reason why these c.e.o.'s want to target social safety nets like social security and good reason is they don't need them they're all sitting on massive retirement assets averaging over nine million dollars each by bank blankfein himself has nearly twelve million dollars in retirement assets it's easy to call

early that everybody hopes to get in early on one of the they're not really against jamie diamond or lloyd blankfein or any of these other ponzi schemes being operated around the world the only time they get angry is that they weren't involved early on but because they have they have compromised the society they have to compromise morality that compromise ethics that's when the devil takes over we have the devil's currency in zero percent interest rates and warren buffett and charlie munger down there you know almost playing with each other while they're picking insider information and manipulating prices and calling themselves geniuses that's the devil. so here in london we have this story restaurant in bastar pay revolt on bank swaps one of london's top restauranteurs has stopped paying royal bank of scotland thousands of pounds a month to service a complex derivative contract he says the lender missed sold him so this is sammy wasi friend he's the co-founder of michelin starred chinese restaurant. and he said he's already started to miss this four thousand pound payments to r.b.s. which

when i see lloyd here, it reminds me back to 2010. a time at the hearings in d.c., when a lot of pre-ipo partners used to call me and say, we need a change at the top. we need to bring somebody in from a traditional investment bank, somebody who was a banker to run this company. you know what, they don't say that anymore. that's a big change, and that's a testament to the way lloyd has redefined and made sure he defines what goldman is as opposed to others. >> not terribly encouraging things to say about the economy near term. >> we hear that -- i told you yesterday, i heard that all last week with people that run real businesses, and he talks to the same people, his clients that run real businesses that i do. again, remember, it's different for the stock market and the real economy. we'll certainly hear more about that later today with mr. bernanke for sure. >> not too long from now, gary. thanks for wrapping up that. >>> meantime, costco trading higher after better than expected earning. we'll talk to notan analyst abo how to play t

barclays lloyds the other of the big four banks them u.k. paper apocalypse that's the whole if there's no laws against it why don't put a drought up there she makes me think why don't i go out to these terrorists no of course done because without the terrorism we wouldn't have enough money to supply the b.b.c. so that they don't report on it well of course other than the austerity measures here you also have tens of thousands of now headless mexicans they've lost their heads decapitated was a great thing about it just b.c. open the can't they only get in the mexican head you know it used to give away toasters now you get a dead mexicans head every time you open a carry just b.c. well also we were across america but now also in the u.k. there are private prisons and they have contracts with the government that derren t. . bodies in the jail cells so because of that we have because the real criminals are dancing around in their piles of cocaine the the simian bankers they're not in jail so there are spaces empty so they have to create fake cri

. >> lloyd. >> aye. >> metcalf. >> aye. >> kim. >> aye. >> that is four ayes and item 8 is approved. >> thank you. >> could we call item number nine. >> authorizing the executive director to execute a professional services agreement with acom services to provide a envier impact statement, preparations service for the transbay center program for an amount of $1.3 million and a two-year term. >> directors brian dikes will also report on this item. >> this contract is to provide, supplemental work, supplemental to the previous feis, eir which was certified in march of 2004. and the reasons for this is that there are changes of a little more small things, and there are changes to accommodate, high speed rail requirements as we have designed the project and we are now at 30 percent of the structures. to make it easier, here is a picture of what is involved. the first thing is that the approach radius were increased from 500 to 650. it is still, but, we wanted to keep as close as possible within the existing right-of-way and we do, of course, with these larger, do effect a couple of proper

jamie dimon and lloyd blank fine will be all smiles on one condition. we'll tell you what that is just ahead. stay with us. >>> bullish words from big names day. jackie deangelis joins us. >> some the biggest names in business spoke candidly on a number of pressing issues. a big part of the discussion today sen terg centering on tax on the rich, a subject on which lloyd blankfein had an interesting take. >> having higher rates means the ultimate return will be lower, people will have less incentive at the margin. it takes money out of economy, doesn't put it in. it's a negative, not a positive. but it's medicine that we're in a position to not be able to turn away because we have other things that are looming that are more negative and more consequential. >> in addition to blankfein, jamie dimon offered input as to how he sees the economic recovery at this point in time. listen to what he had to say. >> the table is set very well right now, 5 million more people working than four years ago, housing has turned the corner. let's just keep it going. >> tha

lloyd's death should have been a wake up call for all of us.ver fore get trembling as i looked at that little casket. we're going to look at 20 little caskets next week. when will we stop together as a nation and come together across all lines and stop this where we will not have children robbed in their infancy and robbed in the future of this nation. i thought of lloyd times 20 today. i don't know if america can take anymore scenes like this. i hope this wake up call will really lead to our dealing with all of the issues that are connected to this. thanks for watching. i'm al sharpton. a live edition of "hardball" is up next. [ thunder crashes ] [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung

then, it's lloyd, johnny on the spot. falls on it for the touchdown. four touchdowns in the game. patriots win 42-14. improving to 10-3. they've now won seven in a row. >>> that's your "sportscenter" update. i'm hakem dermish. have a great day. >>> if those were the highlights, let's call this the low-lights. it comes to us from sunday's appalachian state men's basketball game against western carolina. >> you have to feel sorry for app state's brian okam. this is being called the worst free throw ever taken. straight up in the air. nowhere remotely close to the rim. >> brian has been successful on two of his five foul shots this season. but that is pretty bad. wow. >>> up next, everybody, "the pulse." and paula has a new superstar friend. we have the picture and the restraining order to prove it. >>> and then, a guy who will probably have a lot of new friends because he's suddenly $192 million richer. result of overactive nerves ghe that cause chronic widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant rel

tongues and trying to get closer to his god that he says he works for the god of all things corrupt lloyd blankfein diamond so you know last week i did notice that we were handed another gift.

lloyd: we're targeting a completion date of 2012 for tunnel 3. and we already are starting to prepare to take tunnel 1 offline. narrator: the construction of tunnel 3 is vital for maintaining the sustainability of new york's drinking water infrastructure. but the pipeline is useless if there's not a reliable supply of clean water within it. hurwitz: the city bought up land around the reservoirs to prevent it from development. it provides assistance to local residents to see that there's no pollution of the reservoirs. it's much more cost effective to prevent pollution and to protect a source of water than to remove it at the drinking water treatment plant. lloyd: what epa said to us was, "you can have an exemption from filtration "if you keep this undeveloped, "and if you can manage the wastewater so that it does not pollute your water supply." and we feel that we've reached the point

we said this was after he made a deal with john paulson the hedge fund manager and lloyd blankfein they had a meeting with happened rails in greece right before the collapse and before the redo the lao them to have the referendum to vote against the troika coming in just in their country we said that there was a huge payoff for this turns out say five hundred fifty million euros now discovered in papa jails mom's account and get in here you have a black hole of debt in the government finances of athens of greece and that was caused by the black hole of debt in goldman sachs's bank account in their accounts so that was go the greece is a black hole of debt because of goldman sachs's black hole of debt and here and radio was saying there is no alternative the population of greeks all you greek people you have to give us your money you have to have austerity we have to take all your wealth put it into this black hole of death in the meantime his money his wealth was safe in these mountains of switzerland his mother's wealth and you know you've seen journalists there in athens in greece try

lloyd and mrs. lloyd. thanks for letting us come in here. really appreciate it. you're an electrical contractor, too. right? >> i'm electrical for 26 years. we do lots of big projects. we dot lots of industrial and commercial and residential. >> so you have to get a california special license. you have to be a special licensee to do electrical what is that license? >> yes. i have a c-10 licen and b license. >> b is a general contractor's license. >> yes. more interesting for me, i do a lot of c-10 for electrical. >> about three, four years ago you opened up a supply house. >> we opened e & e electric for around five years. >> you don't have so many guys out on the field any more. >> no more. i just have a lot of contractors. they come in for a lot of questions about national code. so if i understand, i tell them whatever i know. my knowledge. >> i think it's actually terrific that the person selling the equipment is somebody who is trained and experienced and has been working the field for so many years. >> i try to do my best. if i know, i tell them. >> and you

double toil and trouble fire burn in college or and bubble yes people the three witches of wall street lloyd jamie and jamie have spoken they say that into their cauldron of perpetual bubble will forever go your toil and trouble and that your economies and your wealth will burn in the fire of their witches are dead. stacy. yes max believe it or not after years of zero percent interest rates just as we predicted world the risks fresh credit bubble switzerland's be i asked warrants asset prices across the world have risen to the heady levels not seen since the credit boom five years ago and maybe losing touch with economic reality yet again the bank for international settlements is war and that's exactly what i had as my top story i love when we're thinking like exactly the same room the same brain week they see you. i took this out of the paper today and this is exactly what we've been talking about the assets in question of course would be sovereign bonds for example that are trading at three hundred year highs in the u.k. are two hundred forty year highs in america and the yes which warned

tongues is trying to get closer to his god that he says he works for the god of all things corrupt lloyd blankfein jamie diamond so you know last week i did notice that we were handed another gift by the elite our bosses that run our global financial system no charges just. u.b.s. admits to fraud agrees to pay one point five billion dollars after libel or probe now the bank itself was not criminally charged just like h.s.b.c. was not criminally charged for trading with the enemy or laundering drug money there were two bankers tom hayes and roger derren they were individually charged with such things as wire fraud well you know major media particularly in the u.k. is as much at fault for this banking crisis as the terrorist banking establishment themselves i mean here's jeremy warner who's in the telegraph who says in this editorial that little evidence of what is essentially out of my glasses on little evidence of systematic collusion between banks and without knowing what the libel rate would otherwise have been is quite hard to prove out right harm and certainly impossible to know the

the question is is the lloyd blankfein still the biggest douche bag in america and on wall street. you know i think it's it's a close race now if i had i had to pick between him and jamie diamond i'd probably go for jamie done that at this point. you know goldman first of all goldman isn't as dangerous as chase because it's not a real commercial bank so. and then you know jamie dimon performance last year testifying before congress was just it was just awesome it was so condescending and and sneering and of noxious that that kind of edged him ahead for i don't know how do you feel about the well of course of that jamie diamond i think maybe taking the lead in the douche bag award so naturally he's leading the race to replace geithner as fed as the new treasury secretary but i want to do i focused on a couple of your recent stories as always we are digging deep into those stories and a couple of characters that stand out first of all this is a brian moynihan this c.e.o. of bank of america was putting on quite a performance when they were trying to dig into his acquisition of country

remember in the testimony before the senate committee about their fraudulent cabos that goldman sachs lloyd blankfein he said you know they read the e-mails and they had said sacks of it were in the c.d.o. but maybe that was just a typo it was socks bush. right it lost in translation because you know he was probably snorting cocaine heavily at that day and speaking in tongues as he was trying to get closer to his god that he says he works for the god of all things corrupt lloyd blankfein jamie diamond so you know last week i did notice that we were handed another gift by the elite our bosses that run our global financial system no charges just. u.b.s. admits to fraud agrees to pay one point five billion dollars after libel or probe now the bank itself was not criminally charged just like h.s.b.c. was not criminally charged for trading with the enemy or laundering drug money there were two bankers tom hayes and roger derren they were individually charged with such things as wire fraud well you know major media particularly in the u.k. is as much at fault for this banking crisis as the terror

in blueberry/pomegranate and peach. [ speaking in spanish ] >> the answer is lloyd bridges or -- >> lloydbridges. >> in tonight's episode of who is more macho? ronald reagan, the first president bush, president bill clinton, or the man who will never be president, newt gingrich? who among those four men has had the most important and lasting influence on our politics and our governing? republicans will all say ronald reagan and they will all be wrong because they no longer understand ronald reagan or themselves. no one will say one-term president george h.w. bush and everyone will be right about that. democrats will say bill clinton and they will be wrong. that leaves the last man standing, newt gingrich. i think that i can safely assume that none of you chose newt gingrich as the person who had the most lasting and influential on our politics and governing. and that is because the american media covers the presidency the way the british covers the monarchy. they pretend that we have a king, that nobody could possibly be more important than the president. the media simply refuses to compr