mr. williams. you are not qualified to run the organization if one were to look at your resume. that was a concern but you came out of the private sector. what did you make last year you were in put them? >> i don't recall. >> did you make more the $1 million? >> yes. >> with your compensation tied to performance? >> yes it was. >> was a tied tightly to performance in which you could look at the yield of accounts or the profits of reorganization in order to determine what your bonus would be? >> it was tied to the performance of the funds and performance of the company and i had equity participation as well. >> equity participation assume the stock goes up. >> it doesn't always. it happened during my tenure. >> your options were worthless if your stock went up or went down. >> that would be correct. >> has your stock gone up? >> in my tenure it has not. >> i want to make sure $7.8 million over the last two years is based on a company that is not worth more today. just for the record if i were to loo

mr. williams? didn't mean to cut you off. >> two other points. one, the foreclosure laws are state laws. and so if congress is willing to act, take responsibly for what are currently state laws, that would be one thing. second thing that i would highlight is, we are working with both fhfa and freddie mac on opportunities to further expand reo opportunity, for rental. >> mr. demarco? you don't get paid as much but you're welcome to give a full answer. >> thank you, mr. chairman. it has been a challenge for me as conservator to look at the difficulties that you were talking about, properties that are unoccupied or where there is a squatter. mr. williams point, part of the difficulty is these are governed by state law, and there's some states that have foreclosure processes and foreclosure requirements that are designed to protect the borrower, but at the same token it is imposing greater losses on the investor in these mortgages because it is such a time-consuming and costly process to move these prop

mr. williams and mr. alderman, are you both aware that federal ig's have the right to request assistance from their regular mp's? >> yes. >> are you aware of the document request made by the office of inspector general arguing that these requests must go through the fhfa? >> we have fully cooperated with the ig all matters concerning the fnfa. >> it is my understanding that we were cooperating with and the hfa.rts concerning the f >> would you commit to providing the documents and information the office of inspector general request of your entity? >> we have been, congressman, and we will continue to do so. >> he will continue to do so? is that correct? >> yes. >> thank you. mr. holderman? >> yes kollhoff -- yes, we will continue to court at bat with fhfa -- coordinate that with fhfa. >> they have to receive a request from you in order to request to the entities of regulation, in order to get information. >> that is done to get the effect of some of fhfa's activities. they will request information from th

mr. williams, you come from a different world -- mr. haldeman and mr. williams, you come home a different world than the one i come from. if i had made $1 million i would remember when i did. you said in your testimony that part of the compensation that these executives receive is based on their performance. but with all due respect, their performance and joerres has been deficient, especially in the area of -- their performance and yours has been deficient, especially in the area of helping homeowners. congress passed the emergency economic stabilization act and the president signed it on october 3, 2008. it states clearly that fhfa, freddie mac and fannie mae cannot shout implement a plan that seeks to maximize assistance -- fhfa, freddie mac, and fannie mae will implement a plan that seeks to maximize assistance to homeowners. i have not seen that. what i have seen is dried out work by the congress. the home loan modification program was supposed to help 3 million to 4 million homeowners modify their loans. so far, it has helped 800,000, correct? >> i

mr. williams, i am getting the impression from the dr requestors that they either did not know or have a feeling that the unit, either one, was not going to be occupied by the project sponsor. because testimony said, "there are going to be luxury condominium units, and we will have whatever people moving in upsetting the diversity of the neighborhood." the they understand the project sponsor is coin to occupy one of these units, did you know? -- is going to occupy one of these units, did you know? >> that is what they have been told. can i comment? president olague: no. 40-x no, sorry -- commissioner sugaya: no, sorry. >> i wanted to point out a mistake on the plan, on the roof deck. commissioner sugaya: talked to staff. it is a strange argument, to me. obviously, the project sponsor bought the property, probably north of $1 million and south of $2 million, somewhere in that range. they are going to be, now, as they have presented to us, occupying one of the units. whether the building stays the same and they remodel it, whether it is the building we are looking at now, you still have a

mr. williams is often upset when there are variances. this building does not fall into that category. i wish we could stick more to the issues of this commission, and not on arguments of luxury condominiums or whatever it is, which are disingenuous, in my view, arguments, with very little to do with a land use reason for a building in the location. i have friends who live in the block. i am very familiar with the income levels of the people in the area. i am not saying the people here necessarily are that, but the socio-economic diversity is lacking due to housing costs. commissioner antonini: i guess you would take dr to remove the railing -- to move the railing anin. and in accordance of the architect's representation, approximately 3 feet to the east, if i am correct geographically. west? sorry. ne. -- northeast. commissioner moore: i would like to suggest a slight modification. i do not want to say precisely 3 feet. i want the architect to find a good line. that might not be 3 feet. but where that railing lands relative to the other buildings is important. that is important for yo

mr. montel williams.hank you so much. they were all wondering who you were. i mean, i was giving all this stuff. i don't think most people know about the years that you spent serving this country in the military. when you come to a place like branson, you see amazing veterans. i want you to tell me what it does to you inside. >> it makes me understand and realize why i'm still serving today. though i don't wear the uniform. when i look out at you, you give me the reason why i need to go back and visit our soldiers at walter reed three months. visit afghanistan. a reason why i'm a board member at fisher house. you give me the reason to keep me going. what's sad is that today is veterans day. and we're going to hear all across this country this mantra that seems to have been a collective saying that sprouted up out of the last presidential election. i support the troops. rolled off people's mouths and lips very easily. today it's going to roll off a lot of people's mouths very easily. and tomorrow i will st

mr. williams and third party candidate mr. galbraith who's run for governor five times.this debate is an hour and 25 minutes. >> we invite your questions for the candidates tonight. join the conversation on twitter. you may send an email at ket.org. please include the town or county in your messages. you can use www.ket.org. click on contact us. or you may call us. welcome to our viewers on ket. welcome, also, to our viewers on c-span-3 and listeners on public radio and to all of our viewers across the state of kentucky. gentlemen, thanks for being here. >> thank you. >> governor, i begin with you. are kentuckyians better than they were four years ago? >> i do not think americans are better off. we are right in the middle of the worst recession of our lifetime. experts indicate it is the worst recession since the great depression of the 1930's. i can tell you this, we are better off than we were in the depths of this recession, because we have been working hard to bring our families and our businesses through this. and because of, i think, some smart decisions, tough dec

mr. montel williams. [applaus [applause] >> oh, oh.k that most people know about the years that you spent serving this country in the military. when you come to a place like branson and you see veterans, what tell me what it does to you inside. >> it makes me understand why i'm serving today. i don't wear the uniform, but he when i look at you, you give me the reason why i need to go back and visit our soldiers at walter reed and bethesda every month and in afghanistan and the fisher house, you give me a reason to keep me going. >> what's sad is that today is veterans day and we're going to hear all across this country, this mantra that collective saying that sprouted about the last presidential election, i support the troops. rolls off people's mouths and lips very easily. today it's going to roll off a lot of people's mouths easily and tomorrow, ill he' still see people turn their back on a lost soldier in the airport. i'll see people not go down to the bethesda and walter reed to say hi to the guys still coming back and we got two m

mr. williams? secretary boomer: i am going to read a list. steve williams, you are first. >> i want to thank the board for scheduling this hearing for 4:00 so that young people are able to attend. later on, you are going to be able to hear some experts about the importance of this issue. i also want to thank the members of the board that we got a chance to meet with to have conversations with, particularly director reiskin, who blocked out 30 minutes to meet with us. but ultimately took about 60 minutes to actually hear from the concerns that we have. a couple of things that i have concerns about in terms of the report rid in terms of setting the context, an important point is not a reference is the flashing of yellow school bus service that is being done by the school district. clearly, that is not policy being directed by the mta, but it is an important and textual notes that the board should be considering with this particular matter. ultimately, it is going to force more and more young people to rely on muni to get to and from school as w

mr. michael williams is president and chief executive officer of fannie mae. o have the chief executive officer of freddie mac. mr. edward demarco is the acting director of the federal housing and finance agency. pursuant to the rules of the committee, i will ask you all to rise and take the oath. please raise your right hands. do you solemnly swear and affirm that the testimony you are about to give will be the truth and nothing but the truth? let the record indicate all witnesses have answered in the affirmative. please be seated. i will not have the heaviest gavel today, but i will tell you when the yellow light comes on, try to summarize. i recognize mr. williams for five minutes. >> i appreciate the opportunity to speak with you today. >> the closer you have the microphone, the better. >> i appreciate the opportunity to speak with you today about the important work that fannie mae is undertaking and the compensation program put in place for the executive team. fannie mae has a dedicated team of talented professionals working to carry out the critical work

mrs. william conaway and their bedford falls foundation. and then lots and lots of donations from people like you and me to their capital programs. so even giving money that way really helps. >> people have to realize having the centralized location and then it can be fed out in a myriad of different ways. you need the bank there as the starting point. >> this is like a big grocery distributorship. it serves lots and lots of nonprofits. they are the ones that get the food into the hands of people. >> directly. and speaking of which. you mentioned that is one of the local organizations that benefit from the capital area food bank and that is where our own chief meteorologist is, topper shutt. >> the meals are over, but the volunteers are cleaning up and getting ready for the next meal because the next meal is breakfast at 6:00 a.m. and they are working really hard. now remember, you can go to our website, wusa9.com. if you go to the bottom of the website, the food drive and a place to donate and the central union mission is on. we're at 14th

mr. williams who is your clients? >> the adjacent neighbor. president olague: mr. gwen, -- >> not him president olague: you have your own time. there were three d.r.'s. >> my name is florence uwen and my family owns the property two doors down from the subject, and although the project would not have immediate or physical impact at this time. however, one of my concern is the social impact as well as future social impact. as the attorneys stated that the construction proposed may change the whole neighborhood. we've been there for, what my daughter there -- that is the third generation and we intend to stay there as long as we can. we made that commitment. and one of the things that you can see in the past, everyone has converted their house or converted their buildings into condominiums. we've resisted that because our commitment is to our future generations, to our daughter and also now we have a niece. they are the ones that are going to be inheriting this neighborhood. and it's my responsibility preserve that and to keep the neighborhood intact. to have a safe

mr. williams who is your clients? >> the adjacent neighbor. president olague: mr. gwen, -- >> not him president olague: you have your own time. there were three d.r.'s. >> my name is florence uwen and my family owns the property two doors down from the subject, and although the project would not have immediate or physical impact at this time. however, one of my concern is the social impact as well as the social impact as well as future social impact.

mr. williams, you all come from a different world than the one i come from. if i had made a million dollars, i sure would know when i made it, that's for sure. >> the executives say the high salaries are needed to compete for the best talent. one more note, brian. freddie mac has now asked the federal government for another $6 billion. >> it got hot in that room on capitol hill today. kelly o'donnell, thanks. >>> the protesters of the occupy wall street movement are regrouping after being removed from their camp sites in several cities. in seattle last night, a march turned into a confrontation between police and occupy protesters. pepper spray came out. dozens of people were sprayed, including several clergy members. one person seen here on seattlepi.com ended up with a face full. protester identified as dorli rainey who is 84 years old. >>> and a protest overseas making news tonight in the philippines, a crowd attacked secretary of state hillary clinton's motorcade. they threw eggs, rocks and balloons full of red paint. the car she was traveling in was not

mr. williams for being a living testimony to the success of the work in the early 80's. and couldn't be a better presentation than those people who actively thought it out and thought about it and see it success. i come from professional practice that created some of the buildings and discussed much of the art including the developer who is really made this happen. and it's realfully that area where my confidence is that it would work to fix that part of it. and there is maturity and there is local, international experience and public spaces but also in working with artists who are able to rise to the challenge and meet iing a large kind of art scene that has created successful development in the district. and to that be expanded and would be wonderful. and will be an exhilarating idea as the city is growing and maturing and with the good planings and buildings with the select addition of art could add an additional component to create a thread throughout the city. is this a good time to talk about that? there is never any good time when you are asking for additional per

mr. william should be released from prison. [applause] he is currently still in prison because the state has an appeal, but the judge basically said, it will be remanded to the same judge at said the evidence was bogus. the police department basically botched all the evidence. they executed more people in harris county than in many states. the judge says by next year this time, they fully expect him to be home with his family after being locked up for more than 18 years, more than half his life. so even just a small part of this victory on the horizon, that has been a blessing and an honor to be a part of that. i have a friend who is a skinhead -- was a skinhead. he was a white guy who used to beat up black people and gay people in texas. when he was the same age of the guy that got into trouble with the law as well, they used to hang outside of dallas. they would wait on a park bench, send a guy out, and when somebody came out to flirt with him, they would beat him up. that was their weekend fun. they would go gay bashing. a s

mr. williams doesn't mind gambling too much himself.t seems like a double standard to me and i'd like him to clarify his position on gambling. >> i have not gambled for several years. i don't hold it against anybody who does gamble. gambling is an issue for one person on this panel. steve bashear ran four years ago saying he would support a constitutional amendment to expand gaming. he has not been able to get it pass through the house of representatives. it passed out of committee and he helped kill it over there. now he wants to blame everyone except himself. if folks want to know who is responsible for not having a constitutional amendment they can look to steve bashear. he has not been able to get it passed through the house. as far as the slot machine bill that came over, it was heard in committee. voted down in committee. it never had enough votes to pass the kentucky state senate. it passed the house by one vote after they promised $1 billion worth of projects over there to get it passed. now, there could very well be support som

mr. williams agency favorite pastime.e updated first warning forecast. >> well, you know, kai. weather will cooperate for whatever you plan to do tonight. tonight, we go down to around 39 degrees. that's where we start tomorrow. sunshine for the entire day. we're going up to a daytime high in the mid- to upper 60s. we'll call it about 70 degrees for your saturday. the clouds increase on sunday. there could be a late shower on sunday. but really, the majority of the day is going to be mild with just clouds. and look for rain on monday. could be all-day event. rain could linger into wednesday morning. so 50, then 46. overnight lows in the 40s and mid-30s. kai and jess. >> all right, tim. thank you. sports is next. ,,,,,,,,,,,,,,,, >>> mark is here with the wjz the fan sports report. >> getting toward december. getting real serious for the ravens. on the way to a possible super bowl bid. ravens are currently the top team of the afc and being recognized league wide as a top contender. now, they've earned top billing with two

mr. williams/pprent) "if metal detectors will deeer it, i'm all for it.think us as parents should doo our part to help the chool system out too." "well, we need to monitor what our kids are doing.."...............the student on student sttbbing happened llst week. but the terrifying incident could not have occurred without the helpp of a dangerous tool.. a knife. and in our cover learned deadly weapons like thhse are often smuggled into city schoolss..... with more from students in the past two years alone. now at civitas, a move to help keep weapons out. ,,,,,,,,,,,,,,and students aae talking.(girl) "it's cool, &pbecause it's for our safety...."(boy) "i feel like your freedommis being ressricted, like you're in jail almost. ittdoesn't feel right, like ou're a prisoner.."- he student stabbed here.. is recovering tonight from his wounds.... custody.. .....live in west baltimore, keith daniels fox 45 news at ten. a twelve year old girl is tryinggto cope with a rape that she says happened inside her ownnwest baltimore s. at hhrle

mr. william cellini not guilty of what we believe it to most serious charges in the indictment. >> jury found william cellini guilty of conspiracy to commit extortion aiding and abetting solicitation of they brought that up average person who reads newspapers in chicago may not have paid much attention to the case but extremely important and i think chicago cook county springfield a lot of backroom deals take place the fact that william cellini convicted today a very loud message. people should understand as a result we can not only convicted governor but william cellini said in a message federal law enforcement will work together to investigate vigorously pregnant charges of corporate. also reminded ourselves all * convictions we need the public to come forward. >> william cellini no comment as he left the courthouse attorney says he will appeal. >> in honor wgn news @ 9 this evening to former cook county prosecutor and the wgn legal analyst said terry sullivan the best thing united states attorney's office had going william cellini >> when you have the government tape recordings that is the

mr. williams. meteorologist tim williams is here with the updated numbers from first warning weather. >> good afternoon, kai. good afternoon, everyone. nice breeze to come under sail. and we are looking at a breezy afternoon. skies are clear. low pressure moved in. we were watching it yesterday, just to our west. and we had rain and showers moving in our direction. but as expected, it did move to our south. and now those showers are down around raleigh, the carolinas, and moving offshore. and we're not expecting to see any of that activity here. we're getting some of the cloud cover. but now the clouds are starting to break. with high pressure moving in, we have a breezy afternoon. still very dry. a little chilly. it will stay this way through tomorrow. then a nice break, heading into the next several days. we'll have your complete updated first warning five-day forecast, and the rest of your forecast coming up in a few moments. >> sounds good, tim. thanks. >>> here's kristy breslin at wjz traffic

mr. williams. should they be rewarded for wasting billions of tax ll

mr. williams. should they be rewarded for wasting billions of tax dollars?tever happened to just a little pat on the back? >> yeah, steve.

mr. williams, y'all come from a different world than the one i come from. i sure would know when i made it. that's for sure. >> so, for some context here, those execs are each set to receive about $6 million for the year 2011 as both companies are asking for billions of more dollars to cover losses. >>> parents of a 17-year-old indiana student beaten at school are now suing the president of the school board and multiple other top school officials. they say he was repeatedly bullied because of his middle name, osama, and because of his middle eastern heritage. also, his parents claim school officials did nothing to stop t ted rolands is following this story for us today and first, i just have to ask, how is this young man, physically speaking, and also, what kind of suit are we talking about? >> reporter: well, it is a civil suit right now you brooke, this took place at st. john, indiana. how is he? his attorneys say he is physically doing better. you take a look at the pictures though, he was obviously roughed up and he claims that he was roughed up at the

mr. williams. apparently the funniest newsman in american television.'t know whether you think that's a bonus or a negative. but we'll find out. daddy, come in the water! [ gnome ] awwwwwwww. i just feel bloody awful. she told tiffany, stephanie, jenny and becky that she was coming to a place like this! but somebody didn't book with travelocity, with 24/7 customer support to help move them to the pool daddy promised! look at me, i'm swimming! ♪ [ gnome ] somebody, get her a pony! [ female announcer ] the travelocity guarantee. if your booking's not right, we'll help make it right, right away. from the price to the room to the trip you'll never roam alone. >>> breaking news ahead at 10:00 >> fabulous work. >> you're a bit of a comedy star, aren't you? you're always popping up on "saturday night live," "jimmy fallon" whatever it may be. you like this kind of stuff, don't you. >> i don't know what to say about this. talk about in the eyes of the beholder. i guess the person to be blamed for is the first person who asked, can you get up here and do that? ca

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