patricia followed by kate walker, followed by lynn gavin. >> good afternoon, i am patricia jackson, a retiree. i work with the water pollution under the puc and also the convener and board member of san francisco. i'm here to speak against the investment of hedge funds. i have a 160-word statement which i understand i have to have it in writing and i want to have it submitted to the official record. i will read that statement now. i request that this statement be put into the record. the city charter mandates the board act with prunes -- prudence for the benefit of actors and beneficiaries. these are our funds and we contributed a percentage of our paycheck the whole time we were working into these funds and we have a right and duty to protect our pensions and our concerns need to be heard and he'ded. people before me made ample statements, the precautionary principal and the high risk and higher fees and the percentage of profit. as we all know calpers pulled out of hedge funds. hedge funds represents a large amount of money and across the country they are being tapped, not ours as w