ktvu's mike mibach is live in the city with the plan they are trying to prevent. mike? >> reporter: that is a $14 million plan. look at this. surrounded by children playing soccer. it is not the only thing they are doing, they are playing politics. a soccer match feet from san francisco city hall. >> fun. >> reporter: as a team they marched sign city hall, they filled the chairs at this hearing. the goal? to fight for 4 new fields. >> we love grass fields. when you use them the grass gets worn out. >> reporter: here is the plan. rip up the grass, put down the turf, pop up lights and time to play ball. >> the coast is important for migrating birds. >> reporter: he has been keeping an eye on the proposal, he says birds will be impacted. >> they will fly out and catch insectssectssects and if turf is put in they will not have the food source. >> reporter: they are debating right now. >> when you add the bleachers, fencing and the lights, we don't have a park anymore. we have a stadium. >> reporter: he says the fields are 80 years old, filled with gopher holes and inadequat

ktvu's mike mibach is live with the facebook frenzy that is already taking off. mike? >> reporter: this home behind me is listed at 1.198, haven't even had a open house, multiple officers, over asking, all cash, it is one example and there is one couple hoping the new facebook millionaires start to give and not just spend. >> almost all tech people and paying all cash. >> reporter: two brokers with two similar stories. the new wave of ipo is causing a spending booms. >> waited for it to close, a million 4, all cash. >> reporter: facebook millionaires are buying. yet today they offer advice to those with new found riches. >> for all these folks there is philanthropy they can do. >> reporter: they benefited from an ipo a decade ago and they co-founded fire life foundation, a working with children made vulnerable by children with aids. they are encouraging the new millionaires to share their wealth to philanthropy. >> find a cause that you care about. >> reporter: he says people may give but they continue to spend. he chalk up $100 million in sales from many facebook clie

in fairfield, mike mibach, ktvu channel 2 news. >>> an investigation of a prosecutor is widening.the fbi raided the headquarters of cino homes. one employee has already been indicted. the company is accused of taking part in a building bail out which involves inflating the value of homes. >>> the much anticipated jobs report released today showing the hiring slowed last month but that the over all unemployment rate actually fell slightly. employers added 115,000 jobs in april. that is less than the 165,000 that was expected. the unemployment rate though fell from 8.2 to 8.1. analysts say that's not due to the job growth, instead they say it's a result of more people deciding they are going to give up looking for a job. >>> that disappointing jobs report prompted a major stocks sell out capping the worse week in wall street. the dow dropped 168 points, the nasdaq was off almost 68 points. >>> things are starting to heat up. chief meteorologist bill martin is in the weather center where we're going to get a warmer weekend. >> warmed up today but tomorrow a 10-degree jump and bigger

ktvu's mike mibach is here with more. >> reporter: facebook stock up 3% today. this after its value dropped 18% in its first three days. it was valued at $104 billion, now worth $84 billion. this cost investors a lot of money and now some are going after facebook. >> reporter: facebook goes public, selling 421 million shares. since then one group says it lost $2.5 billion. today the investors suicide facebook, morgan stanley and other banks. it claims facebook and morgan stanley concealed information from smaller investors but not with their big institutional clients. >> they increased the size, the price of the offing, at the same time, they were getting wind the results of the company, the financial results were weaker than anticipated. >> reporter: mark zuckerberg went on an ipo road show talking to investors. the banks named in the lawsuit were reducing their revenue growth forecast for facebook because mobile users were growing faster than revenue. wall street alleges, large institutional investors received privilege analysis that drove them to dump the sha

for the first time ktvu's mike mibach goes behind the taxpayer funded doors of solyndra.uments we attained reveals it's more than just taxpayers who are owed a refund. here is today's special report. >> reporter: peter colestan, miker lomire they never met but they really are connect. >> i don't think i will ever see the money. >> reporter: the key to their story lies right here. solyndra. >> we're seeing a lot of chinese and taiwanese company looking at this building. >> reporter: ktvu the first station to get this exclusive look of solyndra up top, a football field of solar panels. it's a high tech building once load with the best of the best. >> it's probably record, they spend over $300 million on this facility. >> reporter: and the taxpayers helped build it. in may of 2010, president obama traveled to fremont to promote solyndra. 16miles after his visit, the company files for bankruptcy. this is where it happens, the production floor of solyndra. once hustling and bustling, now it's quiet. the building is for sale and many big ticket items like this robot still yet t

ktvu's mike mibach shows us what all that cash can buy. mike? >> reporter: you got to see this. as i pull it out. this is a house, 1.198, three bedroom, two bath, this has already received multiple offers, cash on the table, as the agent told me, facebook is in the air and cash is king. >> also have the master bath, updated as well. >> reporter: he is a broker. >> most facebook employees are still young. >> reporter: he chalked up $100 million in sales. money coming from many facebook clients, some already cashing in their shares. >> one of my facebook clients wants something particular so we will place ads in the newspaper, we will pay all cash. >> reporter: facebook's ipo looks to be igniting a spending boom. >> they are frequent guests of ours. >> reporter: he is managing director of this hotel. where lunches are packed, deals are done and mark zuckerberg has dined. >> high expectations expectations and we welcome the challenge. >> i didn't imagine this would happen. sheep talking about -- >> reporter: he is talking about the spending boom. who is buying? >> all tech people.

i'm claudine wong. >> and i'm mike mibach.he fire sparked just after 4:00 this morning near the intersection of 34th and broadway, multiple engines and ladder trucks were called in to knock down the flames and when firefighters went in, this story took another turn. ktvu's allie rasmus joining us live this morning from the scene to explain. allie. >> reporter: firefighters are getting a handle on this fire. half hour ago we saw three of their ladder trucks out here. now they have just got two. their water cannons or hoses are still aimed at the top of this building. they are still tackling some of the hot spots here. the first crews arriving on the scene reported seeing flames coming from this building, hundred-year-old building that stretched 15 to 20 feet into the air. this was a 3-alarm fire at its worst when the fire started just after 4:00 this morning. luckily no one was inside the building, no firefighters were hurt tackling it. although they did mention it was a challenge for them to get access to this old building. it

i'm mike mibach. >> and i'm claudine wong. let's check in with rosemary orozco for a look at your forecast. >> our numbers this morning up several degrees from yesterday and the warming trend continues for your afternoon. we are expecting anywhere from 3-6 degrees warmer than what we felt on saturday. i'll have a detailed look and talk about the breezy conditions that continue in the hills. >>> oakland police officer has been shot and now at the hospital recovering. it happened around midnight in the area of birch street an 92nd avenue. kara. >> reporter: first off we are being told the officers injuries are not life threatening. . the officer was taken here to the hospital earlier this morning. he arye here shortly after one. he did not comment on the shooting. what we have learned he was chasing the suspect. the officer returned fire hitting the suspect. both were rushed to the hospital. police say the officers condition is stable. we believe the suspects records were recovered at the scene. we'll let you know when we get mo

. >> i am mike mibach. a lot cooler and rosemary is here to tell us when and where it will warm up. >> it is going to be a cooler day around the bay. inland especially, 10 to 15 degrees cooler. deeper marine layer in place. mostly cloudy skies and stronger sea breeze expected by the afternoon. afternoon highs going to tumble. i will break down the details for your area, coming up. >>> it is the most successful cycling race and 16 elite teams will embark object nearly 800 trek through california. the amgen tour of california. we are in santa rosa where stage one is set to begin. >> a lot of action taking place. >> there is prep work. we are in the middle of the race course. goes right through santa rosa. this is where 128 cyclists will take off when the stage one tour begins before 11:00 this afternoon. a lot of set up and definitely see a lot of the activity. for every cyclist participating. there are 10 staff members that travel with them to help coordinate everything involved in the planning, travel and t

mike mibach reports, they focus on some of the biggest money investors. >> reporter: this afternoon somef the biggest investors joined to talk. the big question for many investors today -- >> trying to understand what it's worth. people believe it's a real business and it's going to.com so where. we're just trying to figure out how much it will be worth. >> reporter: zuckerberg answered about 10 questions from facebook's future chair. >> i think the future is now. >> reporter: to the purchase of instagram. >> it was brought up but quickly squashed. mark is a visionary, whatever he felt was in the best interest for him to do with instagram was his decision. >> reporter: and for those not invited to the meeting, whether facebook has a future as a business. >> i think facebook has gotten where it's going to get, i don't see it going any where else. >> i think it's going to be big. >>> eduardo sovern has given up his u.s. citizenship. the move will significantly reduce his capital gain taxes. he was born in brazil but moved to the u.s. in 1996. now he has decided to become a resident of sing

. >>> mike mibach tell us it's an association started years ago thanks to a soldier named joe. >> i haveome up and thank me quite often. that means a lot to me. i know people back home care about what we're doing. >> reporter: soldiers are arriving on a number of different flights. they're here not because they're home. but because they adopted the company. linda patterson now, lip tka patterson decades ago. she grew up in san mateo so did too did her brother joe. a soldier with the 101st it was vietnam when he asked for his sister's help just weeks before he was killed. >> joe wrote and said, that the men were down. >> reporter: so patterson acted convincing san mateo to adopt her brother's unit. it did and in 1972 it honored the soldiers with a welcome home parade. >> and they marched down the streets of san m ateo to cheers and tears. >> it's great what the people do here for the soldiers. we appreciate everything they've done for us. >> you don't see that kind of community spirit too much anymore. so it's nice to see it in san mateo. >> reporter: for linda patterson looking on these

. >>> mike mibach tell us it's an association started years ago thanks to a soldier named joe. >> i have people come up and thank me quite often. that means a lot to me. i know people back home care about what we're doing. >> reporter: soldiers are arriving on a number of different flights. they're here not because they're home. but because they adopted the company. linda patterson now, lip tka patterson decades ago. she grew up in san mateo so did too did her brother joe. a soldier with the 101st it was vietnam when he asked for his sister's help just weeks before he was killed. >> joe wrote and said, that the men were down. >> reporter: so patterson acted convincing san mateo to adopt her brother's unit. it did and in 1972 it honored the soldiers with a welcome home parade. >> and they marched down the streets of san m ateo to cheers and tears. >> it's great what the people do here for the soldiers. we appreciate everything they've done for us. >> you don't see that kind of community spirit too much anymore. so it's nice to see it in san mateo. >> reporter: for linda patterson looking

coming up, mike mibach breaks down the allegations and shows us what it could mean to the company. >>> new information in the sierra lamar case. we are learning more about antolin garcia-torres' past and what his family is saying. ktvu's janine de la vega spoke to his relatives this afternoon. >> reporter: frank, we are here at the rv park where antolin garcia-torres lives with his mother, his wife and his daughter. the family says their heart go out to sierra lamar's family but they are devastated over the latest developments. >> reporter: she shared paragraphs of antolin garcia- torres. >> it is hard to see him behind a caged, locked up, thinking -- we are thinking he is innocent. >> reporter: they say ever since their brother was arrested for the kidnapping and murder of sierra lamar they have been taunted. >> that is your uncle on tv. you know, he samurderrer. -- he is a murderer. >> reporter: we asked about his past crim2348 record. -- crim2348 record -- criminal record. >> he got in the way of a suspect. >> reporter: he was also charged with intercourse with a minor and they had

mike mibach reports, they focus on some of the biggest money investors. >> reporter: this afternoon somef the biggest investors joined to talk. the big question for many investors today -- >> trying to understand what it's worth. people believe it's a real business and it's going to.com so where. we're just trying to figure out how much it will be worth. >> reporter: zuckerberg answered about 10 questions from facebook's future chair. >> i think the future is now. >> reporter: to the purchase of instagram. >> it was brought up but quickly squashed. mark is a visionary, whatever he felt was in the best interest for him to do with instagram was his decision. >> reporter: and for those not invited to the meeting, whether facebook has a future as a business. >> i think facebook has gotten where it's going to get, i don't see it going any where else. >> i think it's going to be big. >>> eduardo sovern has given up his u.s. citizenship. the move will significantly reduce his capital gain taxes. he was born in brazil but moved to the u.s. in 1996. now he has decided to become a resident of sing

mike mibach, ktvu news. >> to see the entire list of postoffices slated for closure as well as the oneshat could see their hours reduced, just go to our website and click on web links. >>> a federal drug advisory announced the first drug to reduce hiv in people. it is already used to treat hiv but studies show the drug is also a safe way of preventing the infection. a final decision on approving truvada as the first prevention drug ever is expected in july. taking truvada costs about $36 a day. >>> the state board of education voted unanimously today to ask for a waiver. state school officials say the law has confused participants, demoralized teachers and drained money from programs. >>> a north bay university is set to award a posthumous degree tomorrow to a student who died last month in a sailing accident. dominican university will announce a scholarship fund in the name of jordan fram. fram was one of the people who died after a boat was overwhelmed by waves. >>> mother nature and the salmon population both got a helping hand today. some 60,000 young salmon called smolts were relea

mike mibach, ktvu news. >> to see the entire list of postoffices slated for closure as well as the onescould see their hours reduced, just go to our website and click on web links. >>> a federal drug advisory announced the first drug to reduce hiv in people. it is already used to treat hiv but studies show the drug is also a safe way of preventing the infection. a final decision on approving truvada as the first prevention drug ever is expected in july. taking truvada costs about $36 a day. >>> the state board of education voted unanimously today to ask for a waiver. state school officials say the law has confused participants, demoralized teachers and drained money from programs. >>> a north bay university is set to award a posthumous degree tomorrow to a student who died last month in a sailing accident. dominican university will announce a scholarship fund in the name of jordan fram. fram was one of the people who died after a boat was overwhelmed by waves. >>> mother nature and the salmon population both got a helping hand today. some 60,000 young salmon called smolts were released

i'm mike mibach. >> i'm claudine wong. night so crews could begin their round the clock work. ktvu's allie rasmus is on the bridge right now getting the up close look only the progress piece made on the project expected to last three days. and she'll have a report coming up. this is the bridge that connects the east bay to the peninsula, it's going to be closed for the weekend while crews install seismic joints. that should better protect the bridge during earthquake. caltrans hopes to open the bridge tuesday morning at 5, until then people who normally use that bridge are going to have to use another one or drive around the bay. here's a look at your alternate routes. you can either head north and go across the 98 bridge, or you can go south and get around the bay on highway 237. >>> muni riders will have to survive awhile without the most used rail line in the city. they're shutting down service last night and it's going to be out for nine days due to some construction at church. muni says 20,000 people ride the line eve

it's sunday, may 27th, i'm mike mibach. >> and i'm claudine wong.er to rosemary for a look at the forecast. i know the pressure is always on when we have fireworks. >> you're right. mostly cloudy skies, peeling away to mostly sunny skies by the afternoon, but looks like the low clouds and fog will be back for this evening. we are looking at a slight warm- up for your afternoon. look at those numbers and we'll show you the fog forecast coming up. >>>in overnight news, a teenage boy became san jose's 16th homicide victim of the year. the double shooting happened just before midnight on the 1600 block of virginia avenue. when police arrived on scene, they found two men who had been shot. one of the victims was a 16- year-old. he died a short time later. the other victim's injuries are not life threatening. police say the gunmen were able to escape, and that the shooting is gang-related. >> also overnight, a man died after crashing into a tree in napa. the solo car accident happened just before 11:00 last night near fourth avenue. the driver of that red