nelson olivia held the job at the time covered by the audits but has since lost. the controller says a substantial number of relevant documents are missing. and the full extent of any wrongdoing is unknown. >>> the federal reverse jumping back into action trying to save the american economy by throwing money at it. scott mcgrew, easing monetary policy, throwing money at the problem, pretty much the same thing. >> exactly the same thing. quantitative easing is injecting more money into the economy in the hoping it will get things moving again. a short time ago, the fed said it would buy $40 billion worth of mortgage-backed securities each and every month starting tomorrow morning. so the fed buys up our home debt, taking that paper representing our mortgages and paying the banks for them in cash. now, don't get me wrong. you still pay your mortgage. but instead of billions of dollars worth of promissory notes sitting in bank vaults, there's billions of dollars worth of, well, billions of dollars in the bank. that becomes extra gasoline in the economy's carburetor o

nelson olivia held the job at the time covered by the audits but has since left. the controller also says a substantial number of documents is missing so the full extent of any wrongdoing is unknown. >>> it is 4:40 right now. of course we both know what today is. it is? >> friday eve. >> it looks like we'll all like the weather. >> i don't know about all of us. if you live in livermore, you may be cursing the weather today. waking up bayside, waking up at the coast, temperatures are going to be perfect. we're talking about 72 degrees, room temperature readings in san francisco today. so we've got a really good-looking day by the coast and by the wbay. temperatures a little above our summer averages, but look at where we're starting in livermore and concord, 62 degrees. that's an indication of a very hot day ahead. strong high pressure moves in today and that is going to bring your temperatures up substantially so get ready for that. stays hot as we head through your friday and then we get a little cooler as we head through the weekend, but temperatures are going t

nelson olivia held the job at the time covered by the audits but has since left. controller chang says a substantial number of relevant documents are missing, so the full stengt of any wrongdoing is unknown. >>> it's 5:49 right now. coming up, a very cool honor for some local superstars. a congressional celebration of greatness. the new honor for the now legendary petaluma little leaguers. >>> plus a silicon valley company doesn't have to lift a firpg but will get billions of dollars of the we'll tell you what's going on. have you heard of the new dialing procedure for the 408 and 669 area codes? no, what is it? starting october 20, 2012, if you have a 408 or 669 number, you'll need to dial 1 plus the area code plus the phone number for all calls. o.k., but what if i have an 408 number and i'm calling a 408 number? you'll still need to dial 1 plus the area code plus the phone number. so when in doubt, dial it out! >>> quickly up dating a story we've been following all morning long, this is a fire that broke out at about 4:00 this morning. firefighters there trying

nelson olivia held the job at the time covered by the auditings. but he's since last.he time now, 9:28. take a look at this beautiful shot coming in from san francisco. that cloud cover is almost gone completely. we're going to continue to clear out. lots of sunshine by the city by the bay today. 69 degrees in concord. 61 in san jose. jumping up to the mid-70s and then we'll round out the day, 99 degrees in fairfield. we'll have your seven-day outlook in just one minute. first, we want to check your drive. >> slow across the san mateo bridge. from the heyward side, the traffic on the right crawling here. reports of an incident on the bridge have cleared. but over to the peninsula side, we see a lighter slow. something is still holding folks up. that's it, marla. >> thank you so much, mike. for the latest, check out facebook. ♪ ♪ gangnan style >> that is a huge hit. "gangnam style." the video's a huge, huge sensation now with more than 157 million hits and countless tribute videos. currently in the top ten on itunes with the likes of justin bieber, alicia keys and taylo

olivia newton-john. she rarely comes to san francisco. september 13th at the golden gate theater. for more information and tickets. rvpconcerts.com and willie nelsonn eve.. the life of julia childs.. >> we will take a look at the bay bridge approach >> good morning we are still looking at some patchy fog. and expecting plenty of sunshine for this entire weekend. 80s for the inland valleys and even warmer expected for this work week. the futurecast showing in next expecting 50s and 60s. with 80s for the warmer inland areas. cooling off to the '50s and '60s this evening. taking a look at the afternoon highs with upper 70's and mountain view. cupertino, los gatos and it will warmer and east bay inland. antioch, livermore and walnut creek. martinez and getting to the upper 60s for alameda. oakland, san leandro. '70s expected in union city. 60s through daly city, san bruno and and th north bay. '70s to rohnert park. petaluma and also personal and napa valley. the baseball game today. your kron 4 7 day around the bay things will get even warmer for your work week. and with to watch all the speeches, uninterrupted, go to our new channel. comcast 193 for