mr. pierce, so the board has sought other matter to decide. the board will have the other matter before it. trucks i want to return to discussion about -- >> i want to return to the discussion about it being overlooked. did you suggested maybe there was no harm done, but the harm is what we are going through right now. i did not have the chance to review the permit. neighbors could have come down to discuss the windows. we did not have any of that. it was issued, so i have been at a disadvantage. any consideration would be important to me. it was a clerical error. i know how they happened. but i think it would be helpful -- you seem like you are involved in the process with your neighbor. as the window has been there for years. you can talk about the window and why it does not meet the historic needs of the neighborhood. there may be other issues, but let's hear about the windows. gofor a relatively small projec, it seems to have a lot of processes involved, so i would like to move forward and talk about why you object to the window. >> i have

mr. pierce's appeal. >> we would have an opportunity to vote on that? but which is something to consider, because whatever action you take affects the permit commoregardless of names attached. >> i do not mean to suggest we are going to vote in favor of upholding the permit. >> i think you should go through the process of hearing it. >> this gentleman just said he did not want to present any evidence, and i am here to tell him that given what was said by the executive director, in all likelihood, this board will vote to uphold this permit, so if you have any testimony you want to give that might change our mind, i would take the opportunity, but you are welcome to withdraw. good >> my understanding is if this is upheld here i still go to the planning commission next week, and the planning commission will review the case and then make a recommendation and perhaps the department of inspection to modify, so about is the process i would like to take given there has been so much confusion around this case, i would appreciate you help me understand what i nee

mr. pierce, for five minutes. >> thank you, mr. chairman. thank you, mr. chairman. mr. garret was asking a little bit about the european exposure and you were pretty soundly and you're recommendation that the european banks are pretty sound. is that -- did i hear you correctly? you're saying that they have pretty stable -- >> no, i was talking about the european central bank. the european banking system is currently being asked by the european banking authority to raise a good bit more capital. and, of course, their liquidity situation is being satisfied almost entirely by the european central bank rather than by private markets. >> sto that would explain. was a little confused about page four you continue to monitor the european xp europe european exposure of u.s. financial -- >> yes. >> how long have you been watching the exposure of u.s. firms to financial -- to the european financial -- >> the european situation was about -- came prominent about two years ago. so pretty much throughout that period. >> i guess my question is then about the new york fed that gave prim

mr. pierce -- pearce? >> sorry. i was looking for my papers and don't find your resume. >> from south africa and a degree in postgraduate degree in accounting. >> a great point to graduate with, more or less. >> the same percentage. my average was around 78%. >> how many hours of counting did you have. >> i don't know of the top of my head. four years lead original three years graduate and one year part graduate. >> trying to establish that you remember things in the past but not sir real big significant thing is. just tried to bring that to the attention of the public. they were wondering what was in charge of these companies. and we have an overage, miss serwinski, we get into segregated funds like water poured out of that glass and it is not secured, was there a requirement to notify someone? >> there is. >> who would have to be notified? >> regulators would have to be notified. >> nobody inside the institution? >> they would be notified that requirement, the regulatory requirement -- >> didn't have an internal p

mr. pierce is recognized. >> thank you, mr. chairman. ms. ferber, i heard mr. lynch claim that clients were robbed. i can see he has a point there. do you think that's an appropriate term? >> ah, excuse me? >> yes or no. the money isn't there >> something terrible happened and i don't know how to describe it since -- >> i'll be the first to say the money is not there. they put the money there and it's not there and they can't get it back. >> does that fit the definition of stolen or robbed? >> ah -- >> this is magnificent. this is one of the highest lawyers in the damn country. bonnie and clyde, they were chumps. they drove around and you guys have people send electronically to you and nobody is responsible and you can't even declare that it was robbed or stolen from. what chumps those old-style bandits were. ms. serwinski, now, you seemed alarmed when you came back to the office that these funds were tak taken. we'd gone through the 24 hours -- wednesday -- it didn't reconcile and you're a little bit alarmed, why were you alarmed? you were distressed -- >> i w

mr. pierce, is recognized. >> thank you is your chairman. ms. ferber i heard mr.lynch say that clients were robbed. i can see his point there. do you think that is an appropriate term? >> just yes or no. >> excuse me? >> yeah sort no. >> something terrible happened but i don't know how to describe it. >> the money is not there. they put the money there and it's not there and they cannot get it back. does that fit the definition of stolen or robbed? this is magnificent. one of the highest-paid lawyers in the dam country, bonnie and clyde. they were chums. they drove around and they used gas money to go out. you have people send things electronically to you and no one is responsible and they can't even declare that they were rotger stolen from. what jumps those old-style managers were. ms. serwinski you seemed alarmed when you came back to your office that these funds were taken. why were you alarmed? i mean, having gone through through the 24 hours, wednesday it did not reconcile and you were alarmed. why were you alarmed? push them might. >> i was not alarmed -- >

mr. wendell pierce. ms. gillian tett. mr. richard philip mcgregor. [inaudible] mr. james macgilvray.mrs. janet macgilvray. ms. elizabeth lee mcgovern. mr. simon adam curtis. >> [inaudible] da men [inaudible] >> paul tash. mrs. karyn tash. n.. jim corw mrs. paulamr. simon wilson. mrs. wilson. [unintelligible] mr. stewart taylor ii mrs. ivan taylor. >> hi, how are you? >> i am very excited. >> mr. stephen gilbert. mr. oliver dowden mrs. lauren mann. mrs. smalls. mr. samuel hines. mrs. stacy mills. mrs. denise lewis. >> i am delighted to be here. [inaudible] i cannot begin to put it into words. i am filled with anticipation. [inaudible] i do not think so. the challenge is on. >> the honorable judge. mr. james lassiter. mrs. lassiter. mr. george tunis. mrs. ulga tunis. mrs. luiz ann rodgers. ms. hilary rosen. mr. john jkelly. mr. and mrs. -- mr. paul shinkman. dr. john feliz austion. mrs. maggie austin. mrs. lynn kaufman. >> we broke away there momentarily to take you out front. the president and first lady awaiting the arrival of david cameron and his wife samantha. live coverage here o

pierce county. we'll listen to the gop chairman, mr.. >> we've got two counties, also a portion of king county, there are 16 legislative districts in king county. we have four of them. we're about a quarter of the vote from king county and a portion from pierce county. in the 29th district. the numbers are currently governor romney 37% of the vote. he leads. close second between congressman paul just over 24% and senator santorum, 24%. they're within 40 votes of each other. newt gingrich is a distant third with just over 11% and less than 4% undecided or other. the populous counties starting to come in. we're still waiting to hear from two others and continuing reports from king and from pierce. but we're doing pretty well, i think, in terms of having the total votes in. if you look at the numbers participating without the big possible lus counties. over 21,000 people. way ahead of 2008 in terms of participation. i don't know if there are any questions with what the new numbers we have. but we wanted to update you guys as quickly as pos

pierce, "bbc news" of the london chest hospital. >> director general of the bbc, mark thompson, has announced that he will step down in the autumn. mr. thompson, who was appointed in 2004, has been in charge of the bbc for eight years. he is serving since the 1970's. it's been a busy week for the british royal family. a busy few weeks in fact, and hot on the heels of the triumphant tour of the west indies, it was time for the duchess of cambridge to take the spotlight. she delivered her first public speech at a u.k. children's hospice and she was a little nervous. hundreds gathered to hear her and the bbc was one of them. >> the duchess seems to be gaining in confidence. there are always smiling faces waiting to greet her. but as the duchess took to the lectern for her maiden speech, the nerves could be heard in her voice. >> thank you for not only accepting me as a patron, but thank you also for inviting me here today. you have all made me feel so welcome and i feel hugely honored to be here to see this wonderful center. i am only sorry that william can't be here today. [laughter] he would love it here. a view of his that i share i

mr. president we're getting a hard break. but thanks for calling! >> supreme courts. >> stephanie: by the way charlie piercervous about what's going on at the supreme court right now. >> stephanie: really why? >> because they're trying to figure out whether this is a tax or whether this is -- >> stephanie: i think it means they're going to hear it now. >> right. >> their decision now is going to hinge on whether they hear whether the mandate is constitutional now or whether they're going to push it off to 2015. >> stephanie: we'll talk to charlie about that and everything else. let's go to kim in texas. hi kim. >> caller: hi, stephanie. >> caller: hi, this is kim in texas. i just wanted to call and tell you how excited i am about you being on current tv. >> stephanie: me, too right. awesome, right? >> caller: i wanted you to know i listen on the radio and i just -- i'm excited about the whole line-up you guys are doing at current tv now in the morning and you guys are getting it going on. >> stephanie: we're getting it going on. tell you what, sister. what? >> caller: i want you to know we're not all crazy