mr. paulson. >> i'm originally from the sunset. ♪ your shining star ♪ no matter who you are ♪ shining bright ♪ ♪ when you can truly be ♪ shining bright to see ♪ ♪ war your district can truly be ♪ ♪ ♪ your shining star ♪ ♪ no matter who you are ♪ shining bright to see ♪ when your district can truly district ♪ shining bright for you to see ♪ ♪ would your district can truly be. -- what your district can truly be ♪ ♪ won't you give it to the sense that, please ♪ ♪ >> thank you. next speaker. >> the afternoon, supervisors. there are three major points. the caravel section should not be included, but done separately. i would urge you not to send it forward to the full board. but do it right and do it now. the second is the issue that i have as a former staffer working on the neighborhood commercial districts. the forms that you have and there's a you do not have to look at all the controls and have all of that explained. . the third issue is the height increases of 5 ft.. it seems to be in general a very good idea because it allows more space for the technical issues, but in the nc 1 districts in

mr. paulson moved more aggress e greszively into gold and the gold related issues. ieing paulson, not buying, if you're an investor were very into gold. >> yes, he increased by about 4 million shares. he increased in novagold, which has been a treadful, dreadful position. if you take a look at the performance of the gold fund specifically, you would have been way better off putting money into the gld. the gld is up 2%. >> the life cycle of hedge funds is an interesting thing to watch. as i watched him get it so right, and then in the following years, 21 billion is mostly his money. he lost a lot in the market and he probably lost more overall than he has made. we saw the same thing overtime whether it be a julian robinson and all of those funds, but when he got his biggest, he lost the most. there is only one investor from the people i have spoken to that ran the numbers that stays stronger, it is simons and srgs oros. >> and paulson dissolved his position completely in about a dozen stocks, which seemed unusual. >> i don't know about redemptions at this point or how

mr. paulson, mr. greenspan, the late secretary, rubinstein. these people have manipulated the economy of the united states for hundreds of years. ms. hopkins was saying, these banks would repay these loans at a 6% rate. if the american public was allowed to repay their credit card with a 9% rate, this country would have the stimulus they need right now to help things grow. i wasn't the plateau that we are supposed to get to -- we are a consuming nation? this is all the fanfare that we got before this crisis hit. this was manipulated. nobody mentions anything about the derivatives that the big banks have bought for the european fail-safe program. how come nobody has addressed that? why are the big bank holding all those derivatives from europe? if europe fails, the american public picks it up in their tax program. guest: he carries on the team to were the big banks. on the rate of t.a.r.p., it is very low. banks are only paying 5%, on the idea from paulson, with fewer banksctions, getting banks tmoe to participate. he also mentioned europe. tre