equal branch of government a co-equal branch of government and let the light of day hit the secrecy mr cohen we have to leave it there thank you sir that was international human rights attorney stanley cohen thank you so much. well the foreign intelligence surveillance act was created by the fifes a court back in one nine hundred seventy eight the feis a court is tasked with forcing the government to comply with search warrants before they spy on non u.s. citizens here in the states following the september eleventh attacks however the patriot act gave the face a court to low a lower legal standard to obtain those surveillance warrants and otherwise increase the court's power to find support operates with a veil of secrecy the u.s. citizens even know exist political commentator sam sachs brings us more on the powerful court and how it affects all of us this program by the way is fully overseen not just by congress but by the pfizer court a court specially put together to evaluate classified programs to make sure that the executive branch or government generally is not abusing them and that th

subsequently to that the government issued more subpoenas against mr. cohen jury as well as senior s.a.c. executives. >> as far as we know, this prompted s.a.c. to say we're not cooperating unconditionally anymore? >> exactly. they said if you're going to charge us, charge us. we're not fully cooperating any more. >> you worked there for about four years ago. >> four and a half, five months. >> you did have an associate with mr. cohen. >> yes. >> you know him and how he works. i guess one of the questions is is it consievable to you that he was less informed, involved in some of these trades than the government seems to think, specifically with mr. martoma who was i guess involved in trading stocks with some knowledge -- drug stocks, medical stocks, with knowledge of upcoming studies? >> well, listen, there's 125 portfolio managers at s.a.c. is it conceivable that out of 125 portfolio managers, several analysts per team and traders per team someone may not know something. according to published reports he had a 20-minute question about those trades in questio

mr. cohen from off the grid. >> hi there, good afternoon. my name is matt cohen. i run off the grid. supervisor wiener, thank you very much and andres for what i think is a very -- has been a very earnest two years of effort trying to accomplish what is a really difficult task, which is how does mobile vending fit into a vibrant food scene here in san francisco. so, i appreciate that. i think that from the mobile vending perspective and the more than 50 people that i've talked to as this process has continued, i think that this legislation principally removes the subjectivity of the city deciding what is like food and removes the really unknown pieces of the existing legislation about the timeliness that permits will be delivered to them. just because right now the process can continue for so long. and i think that this legislation accomplishes that very effectively and hopefully will be a big improvement over the existing legislation. i can speak a little bit to the food or to the school's distance. i think that we would always defer to shorter distances from sch

dares to challenge him and others like him who believe an ignorant public is a say public right mr cohen some some strong opinions there so what would happen to the quality of journalism do you think in this country if congressman king had his way if congressman king had his way there would be no journalism of congressman king had his way the president would simply issue press releases where the congress would issue press releases and we would go quietly into the night blinking our eyes starstruck would dictate so mom hi this is a. who has spent his lifetime living behind closed doors in secret congressional hearings spewing forth absolute nonsense that were never reaches the air of day shows that it's ridiculous well some as we know are focusing on the leaker snowden and the leaky greenwald but others on capitol hill are zeroing in on the director of national intelligence james clapper he remember back in march clapper denied in front of the senate that the n.s.a. was collecting u.s. citizen data clearly has been disproven here's congressman just an amish of michigan's response to that

so, now mr. cohen. >> thank you, supervisors. good afternoon, for the record michael cohen managing principal with sean investment group. we are the owner and developer of block 1 in mission bay. i'll be very brief. really just want to reemphasize a couple of the public benefits we think support the amendments before you today. it's going to activate the front door at mission bay. it sat fallow for 15 years in a fenced in parking lot. it's not an appropriate use for this important site. it's going to finally bring a hotel to mission bay. we've gotten an incredible amount of interest from potential operators and investors that a 250-room hotel is truly a true mixed use project is attractive and viable. it's going to cause a really important waterfront park to be built. it's going to deliver 18-plus million dollars in affordable housing resources that would not exist if this stayed a a hotel site. and you heard there are significant fiscal benefits for the city. this project has been very thoroughly vetted. and i think based on the

nevertheless, simply because mr. cohenreated and devised this organization to insulate himself, that shouldn't be a reason for the prosecutors not to bring this case. if they don't bring this case, they may be allowing insider trading in a very narrow area, such as this. >> so, brad, how do you think this pans out? where do you think we go from he here? >> i think this is an 11th-hour desperation move from the prosecution. they were hoping for a witness. they were hoping for someone to testify against steven cohen. and if they're going along this line, that means they don't have that. so this is going to be very tough to prove. i mean -- >> is it kind of like a clutching at straws because they haven't anything else? >> exactly. this may work in a drug courier case where the guy should have looked in the brown bag and should have realized that the briefcase had drugs. but this really does not work in a complicated trading platform with compliance officers, with different levels of traders, where there's different flows of i

if mr. cohen does escape the clutches, if you will, of law enforcement and prosecutors, does he then continue to manage money but privately? or does he continue in the hedge fund business as is? >> that will be very interesting to see. he can certainly keep managing his own money. there may also be civil charges related to him and the firm separate from the criminal case and that might have, depending on how that is resolved, might prevent him from managing money. i don't know what the evidence is or what the charges might be. but his future is still a very big question mark at this point which is making a lot of investors nervous. one thing i found, i don't ever remember a firm saying that. i have known firms that didn't want to cooperate and deep down really weren't but they always said they were. this has to be a shock to investors. that makes it impossible to keep investing on the firm. >> the on jeks were certainly fascinating to see. >> thank you. >> let's check the dow jones industrial aver

don't i don't think so as are our human beings can disagree about that's not what you just call me mr cohen and all it was going at six months not to we you know i am one as you know everyone is a mystery i am with you and with roe v wade that once a fetus is viable there was a great france and russia and the interesting thing about viability this wasn't just twenty to twenty four weeks that you know that was in there but this was this was there was all kinds of awful stuff and also it was a ban on late term and a restriction on the poor practitioners of them so they were basically. saying to these planned parenthood you've got to become a hospital and you know they're not going to be able to meet them but the plastic surgery but the rehab on the hospital that's ok because he's made her money out of . hers you get the last word or things. coming up president obama said during a speech at georgetown yesterday the time to act against climate change is now but is the white house's plan really enough to stave off global catastrophe. the same story doesn't make it news. no puff pieces tough ques

. >> without him, can they get to mr. cohen? >> the fact of the matter is, i don't think they can.ed was they were in a meeting, this is interesting, with respect to avoiding the $276 million loss due to the stock plummeting, but apparently, a lot of guys said, we don't need to say. we are told we should. go with the closest to the situation. i found that interesting. >> oh. >> as if it was code speak. >> not even a clever code really. >> not clever really. unless, however, there's a finer point on the pencil, and you remember the case with the wire top is a they had the words. >> absolutely. >> with insider trading, if you don't have the words of the conversation, you are left spinning wheels. >> the government has to prove beyond a reasonable doubt the fcc could come in and fine and take away the license to operate a hedge fund? >> yes. >> could that be a possible scenario if the government can't get further? >> yeah, what you are saying is exactly what's reported which is that the government's considering maybe entering a deferred prosecution agreement, get a big fine, and back

mr. president. supervisor cohen. >> thank you very much. thank you very much, madam clerk and colleague. today i have one item for introduction. as the chair of the gao committee, i've been working with our budget and legislative analyst on our 2013 audit work plan. and in developing this work plan for this year, i drew from a number of issues that have come across in my time on the board. the first audit request focuses on recruitment, testing retention of uniform members in our san francisco fire department as well as evaluating overtime. also the board, we have -- we are asked repeatedly to approve superintendent letval appropriations for the fire department. ~ overtime, but i have not seen a commitment to addressing the structural staffing challenges of this department. so, it is my hope that this audit will give us a fuller picture of how the city can do better in recruiting more san francisco residents into the fire department and develop a pathway to addressing the staffing deficit for overtime costs. the second audit will focus on d

mr. president. supervisor cohen. >> thank you very much. thank you very much, madam clerk and colleague. today i have one item for introduction. as the chair of the gao committee, i've been working with our budget and legislative analyst on our 2013 audit work plan. and in developing this work plan for this year, i drew from a number of issues that have come across in my time on the board.

mr. cohen: -- >> mr. speaker, i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, i rise today to speak about sugar. as conservatives we have a duty to speak out against programs that use regulations to stifle the free market, protect special interests and have outlived their purpose. there are few programs that better fit this bill than the current system of price supports, import restrictions and production quotas that make up our sugar program. r. fliesmann: ensuring producers of guaranteed income no matter what world prices are. sugar imports are kept to a minimum preventing real competition. but this is not the end. sugar producing have strict quotas. in excess sugar gets bought by the government and then sold to ethanol producers. usual at a loss to the taxpayers. this means consumers pays billions in higher sugar costs, thousands of jobs are lost in the food industry and government continues to pick winners and losers in the marketplace. this week we will

mr. cohen is recognized to thank you, mr.rman. >> i had the opportunity a couple weeks ago and the deputy director met with us. they said that they have sent a memo to you or the fbi. i presume you got it. they were fearful they had this if they return. they wanted some information about it. they talked about the ability to do a complete study of like to ask you first if we could get that paper from counterintelligence. number two, why could we not fall upon us further than we did when the legislation needs to be passed. in keeping with the rights of american citizens. and the relations between the fbi to where we and how this works with radical islam and both of our countries. my response includes march of 2011 and an agent that was assigned with a thorough investigation. passing through all of the records checks, an individual who spend time and did a lot of research before he interviewed the parents. and finally including himself. after all of those efforts we did not find any indications that you are involved with the pre

about $15 billion is the total money managed. 9 billion or so belongs to mr. cohenr insiders. the question is, do they continue to be open to outsiders if they become a defacto office? it's unclear. i'm told by folks close to the firm they have no intention of becoming a family office. they might have a little choice. >> once we get the numbers, how do you judge this? if we already expect it will be more than half the money that's left? i mean once you actually hear the number, what does that tell you? >> well, you have to look at ballpark figures. they had $6 billion in outside capital. roughly two of that at the end of the first quarter. technically that is flowing out over the course of several quarters. but if they lose the majority of what's left, let's call it $4 billion, and i'm told that very well may happen, you have to vote against the future prospect of this firm at least as an outside investor money manager. people have a lot of doubts about what's going on in this investigation. he successfully warded off attempts to do that in recent years. but a growi

motion appointing supervisor malia cohen to the children and families first commission for an indefinite term. >> i believe -- thank you. do i have to make a motion? >> yes, mr. chair. >> motion to recuse supervisor cohen from this item. >> so moved. >> without any objection? any public comment on that? any public comment on the recusal? seeing none, [ gavel ] public comment is closed without any objection, this will pass. is there a motion appointing supervisor malia cohen to the children and families first commission? >> so moved. >> so moved. >> any public comments on this item? seeing none, public comment is now closed [ . without any objection, this motion passes. okay. madame clerk, item no. 2. >> item no. 2, hearing to consider appointing one member, term ending april 30, 2013 to the police commission. there is one seat and two applicants. >> colleagues in order to provide the applicants more time to contact committee members about their qualifications, we will be making the motion to continue this item to the call of the chair. is there any public comment on this item? seeing none, public comment is now closed. [ gavel ] can we continue this item to

mr. chair. and i appreciate the comments from supervisor cohen. i'm still not sure as to sort of the point around public housing. i mean, i think that the issue of public housing is a much larger issue and i have three developments in my district which is why i think it was good that we called for a management audit of that agency and there will be a hearing, as you know, the committee that you chair on thursday. i don't think, though, that public housing is in the state of crisis that it is because somehow we have failed to allow more condo conversions. i don't think that's the reason. and i actually think there's a larger issue there. my point, though, is that the issue of condo conversions is a small issue, an important one, but it's a small issue and a larger issue of the affordability of the city. and i actually think public housing is an important piece of that. but there is a lot more -- a lot more that needs to be done. and one of the things that i hope happens is actually one of the things that is recommended in the context of public hous

cohen. >> thank you. thank you very much, mr. chairman. ~ mr. chair. i just wanted to communicate that i've heard from transportation workers and they have actually voiced some concerns around some of the agreements that have been made, particularly around unsafe work conditions for employees. and, so, i just wanted to go on knowledge giving voice to these concerns. thank you. >> with that, colleagues, can we take these items same house same call? without objection, these resolutionses are adopted. [gavel] >> item 11. >> item 11 is a resolution authorizing the general manager of the public utilities commission to execute agreements with cdm smith/ats, a joint venture (cs-211a); icf + avila, a joint venture (cs-211b); shaw environmental and infrastructure, inc. (cs-211c); and urs corporation (cs-211d) for specialized and technical services for natural resources and watershed management and monitoring, each with an agreement amount not to exceed $5,000,000 and each with a term not to exceed 14 years pursuant to charter, section 9.118(b). >> colleagues, c

mr. cohen: -- mr. mckeon: mr. chairman, i yield to mr. king. the chair: the gentleman from new york is recognized for two minutes. mr. king: i thank my good friend and chairman for yielding and i rise in opposition to the smith-gibson amendment. having said that, let me express my deepest respect for the ranking member, mr. smith, and my colleague from new york, mr. gibson, who has served his nation long and well and certainly acts within -- with the very best of intentions and i admire his patriotism and dedication. having said, that i strongly identify with the remarks of chairman mccaul and congressman cotton. and i think the ultimate theory here or the ultimate fact here is that we would be giving terrorists more rights if they come to the united states than if they'd been captured overseas. and to say that everyone captured in the united states is entitled to the full rights of a citizen in this country takes away from the fact that in a nazi soldier had attacked the united states in world war ii, would he have been entitled all the rights

cohen. supervisor kim. >> i would also like to add my name to this in memoriam, having been part of one of the organizations that mr. glover cofounded. it is a tremendous loss to our community and i appreciate the in memoriam on behalf of supervisor cohen's office. >> thank you, supervisor kim. supervisor breed? >> he is the uncle of our agency redevelopment fred blackwell. thank you. >> thank you, supervisor breed. mr. president, seeing no other names on the roster that concludes roll call for introductions. >> thank you, madam clerk. why don't we now go to general public comment. >> at this time the public may comment generally for up to two minutes on items within the subject matter jurisdiction of the board including the policy discussion between the mayor and the board and items on the immediate adoption calendar. please note that public comment will not be allowed on those items which have already been subject to public comment at a board committee. pursuant to board rule 4.22, direct your remarks to the board as a whole and not to individual supervisors and not to the audience. speakers using translation ass

mr. president. today's meeting will be adjourned in memory of the following individuals on behalf of supervisor mar for the late sifu everett lee. and on behalf of supervisor cohen, supervisor kim, and supervisor breed for the late mr. david glover. >> all right. with that, ladies and gentlemen, i believe we are adjourned. [gavel] [adjourned] >> on december 28, 1912. san francisco mayor, sonny jim rolph stared into the crowds of those who have gathered. a moment in history. the birth of a publicly own transit system. san francisco municipal railway. muni as it would become to be known. happy birthday, muni, here is to the next 100 years. the birth of muni had been a long-time coming. over the years the city was disjointed privately owned companies. horses and steam and electric-powered vehicles. creating a hodgepodge of transit options. none of them particularly satisfying to city residents. the city transit system like the city itself would have changes during the san francisco earthquake. the transition that will pursue from this aftermath would change san francisco's transportation system once again. facilitated by city boss, abe ruth, ushering in the electri

mr. president. today's meeting will be adjourned in memory of the following individuals on behalf of supervisor mar for the late sifu everett lee. and on behalf of supervisor cohen, supervisor kim, and supervisor breed for the late mr. david glover. >> all right. with that, ladies and gentlemen, i believe we are adjourned. [gavel] [adjourned] [ gavel ] >> the meeting will come to order, call the roll, please. >> president torres? >> here. >> vice president courtney? >> here. >> commissioner moran? >> here. >> commissioners moller caen awn vietor will be arriving a little bit later. >> thank you a. proval of the minutes. can we read them, and are there any public comments before we move to a motion? there being none, is there a motion to approve the minutes. >> moved. >> moved and seconded. all those in favor, signify by saying aye? >> aye. >> moved, motion carried. public comments? mr. decosta. >> commissioners, you all know this is your city and county of san francisco, and while we know, as the mayor says, that now over 35 cranes hovering over the city, there is a lot happening at the ground level. and one of the thing has there that i want to bring to the att

mr. president. today's meeting will be adjourned in memory of the following individuals on behalf of supervisor mar for the late sifu everett lee. and on behalf of supervisor cohen, supervisor kim, and supervisor breed for the late mr. david glover. >> all right. with that, ladies and gentlemen, i believe we are adjourned. [gavel] [adjourned] ladies and gentleme welcome to the wednesday june 12, san francisco police commission meeting. unfortunately tonight we are going to have to move our entire agendas you see we couldn't have a quorum tonight. we need 4 commissioners for a quorum. we offer our apology for everyone who came out tonight. unfortunately we are prohibited bylaw from going forward with the hearing without a quorum of the commissioners. so we are scheduled to start at 5:30 it's now 5:57 and it appears we are not going to have a quorum. at this time, we are going to have to go into recess until our next meeting which unfortunately we are dark next week but our next meeting will be the 26th of june.. >> is that a community meeting? our next meeting will be a meeting here on the 26th. thank you everybody. i offer my apologize -- apologies. thanks very

cohen. [gavel] >> madam clerk, do we have any communications? >> there are no communications, mr. president. >> i have one quick announcement. as i think many of you know, tomorrow at 7:00 a.m., west coast time, 10:00 a.m. east coast time, the supreme court is expected to announce their decision regarding marriage equality and i just want to make an announcement that tomorrow at 7:00 a.m., the mayor, our lieutenant governor, city attorney and members of the board of supervisors will be gathering at 7:00 a.m. in the rotunda at city hall to discuss this decision, however it turns out. and, of course, i think i speak for all of us in saying we very much hope the supreme court will do the right thing for equality and civil rights. with that, madam clerk, why don't we move to our consent agenda. >> items 1 through 11 the consent calendar are considered routine. if a member objects, an item may be removed and considered separately. >> colleagues, would anyone like to sever any items? roll call vote on items 1 through 11. >> supervisor tang? tang aye. supervisor wiener? wiener aye. super

mr. rose and his team, i want to make sure i give anyone else the opportunity to say anything and i thank you again, supervisor cohen and reed for the leadership you both have already demonstrated in this issue and i look forward to working together to get to a point to address the problems that have been identified. >> supervisor reed would like to make some remarks. >> i want to start by thanking supervisor campos for calling this hearing. i was contacted by him last year. it was -- he's been extremely concern about what's going on in public housing and this is really opening the door and shining a light on some of the challenges that residents of public housing face. i grew up in public housing -- born, raised, my mom, family, some members still live there. and i am still very connected with many of the residents of many of these developments and familiar with too many of the same challenges that existed when i lived there. and i am really excited because this is the first time that i felt that this matter of supporting residents who live in public housing developments throughout san francisco -- the city is taki

cohen. >> thank you very much. i actually wanted to hear from the controller, mr. ben rosenfield about some of the -- the last woman that spoke about two thirds funding and gasby changes in rules opposed to being fully funded 10 years over time. could you -- it's a broad statement i just made. i actually didn't ask a question but maybe you can give some background on two thirds versus fully funded and what that means and how it relate to the proposal that supervisor farrell put before us? >> sure. ben rosenfield controller. as i understand the comment was made it's suggested that the kind of escape valve as described could be triggered only once the funds reach two thirds fund status. i think the implication of that -- assuming all assumptions are met, we expect the shift from zero percent to 100% and roughly occur in