michael cohen phoned me up the next day. can we cut $40 million out of this project?one person more responsible than any others, it's tony irons, was the architect that was responsible for the revitalization of city hall who came to my office and said, we cannot abandon this. we can't walk away from this project. we have an opportunity to really take a lot of our values and principles, particularly raising the bar as we did as a city on our green building standards, mandating the most aggressive green building standards for private construction anywhere in the united states. and showcasing them in this new building. >> the city for the sfpuc, it was critical that the building stay as a lead building. the easiest thing to do to cut out millions of dollars, let's just go from lead platinum to lead gold. but that wasn't the objective. this needed to be the best example of energy conservation of any office building in the united states. >> we became involved in the san francisco public utilities headquarter project during the time when the project was at a stand still for

let's bring in professor michael eric dyson of georgetown university, author of "debating race." and william cohen, is a columnist for bloomberg view and the author of "money and power." so, bill, as greg sergeant in "the washington post" points out, i will read you his fine writing. this finding is directly relevant to the current debate because the president and democrats want to offset the sequester in part by closing loopholes enjoyed by the wealthy, such as the one that keeps tax rates on capital gains and dividends low. now, closing loopholes is a fair way to do this. but if it would also help stop the decline of the middle class, why wouldn't people support it? >> well, first of all, martin, the congress would have to be not on vacation and working away -- >> that is an important point. >> let's remind viewers that. they are not working. they are on holiday. >> again. >> the second thing, this is a very nuanced argument, in my opinion. because first of all the capital gains tax rate has gone from 15% to 20% at the first of year, so it's already gone up and then the taxes on the wealthy have

stevie cohen is the michael jordan of hedge fund managers. >> there you have it, the michael jordan oflots of legal headwinds to come. a lot of legal allegations in this martoma case which personally implicated stevie cohen. >> can we put to rest -- because we haven't heard about it -- that cohen would think about retiring or leaving or anything like that. is it he in it for the long haul? >> i haul now? >> in his own words to vanity fair, he said, he has a back injury. he's tired. he has other things, including a large family and an art collection and other interests. no doubt he is a great money manager. his performance even during the series of legal battles has been outstanding but everybody has their limitations. and i don't know if i see him hanging in there as long as you see other money managers doing it. >> kate, thanks as always. kate kelly. we have trade on three stocks that lit up my twitter feed. first up, key corp, stephanie, what's the trade? >> i like the stock. i with like it lower. they are lowering costs and they have a very good quarter. so they are doing all the ri

cohen. c.e.o. port commission president, and former commissioner michael hardaman. fire chief. and san francisco jim lathermyth. and san francisco made we have katie and sarah from spur. as well as many of our neighborhood leaders, i saw mike bishop from the southern waterfront. and katie from the central waterfront. and the commerce advisory committee. and of course all of you who i hope are not just only san francisco giant fans but fans of home-made beer here in san francisco. and it's my great honor to introduce entrepreneurial spirit. mr. gregor was born and raised in the united kingdom. he then moved to singapore at the age of nine. he's lived in amazing cities around the world. so he brings with him an international spirit. but also a passion for san francisco. he and his partner, tony foglio are known for building up the best brands and keeping them both emerging but honoring their roots. so i can't think of a better tenant and partner for this historic pier 48 than anchor brewers and distillers. join me in welcoming keith gregor. [applause] >> thank you. is everyone wa