these deals were based on expected rates, when we made this deal, precrisis. they don't make sense. they have done so in other places, as we said the asian art museum, there's actually an article that we can pass out that describes that there was in fact a renegotiation of the swap. we know that the banks have renegotiated in the city of richmond so we know that banks can and do renegotiate these deals, when we work to try to make that happen. and there's no reason why we shouldn't try, even if we can save 1% that is significant money for san francisco taxpayers. >> supervisor avalos: thank you. >> thank you. >> supervisor avalos: next speaker please. >> my name is neilly yar borrow, a member of district 10. i am here to call on the board of supervisors and city staff to recuperate the money that the banks took from us through libor. that money blonks to san francisco and we need to get that money back. whether it's five cents or 5 million, we want our money back. the banks manipulated the interest rates to profit themselves at the expense of us. they rigged the system and thought t

if you look at 0.87 versus where they were trading precrisis, i'm not saying this is the same balanceit's got a lot more other pieces of toxin on it. but at the same time, this is a company that is cheap to its peers. you're getting the growth. bank of america, you go with the dynasty, just because the stock is up it doesn't mean you stay away. go with the winner. >> so it would appear that we have a tie here on the desk. two for visa, two for bank of america. but remember, you out there, the twitter votes count as a trader. we tallied your votes. and guess who you picked? bank of america. >> that's what i'm talking about! it's bank of america. >> i hope they got that on film. that was embarrassing. >> all right. so bank of america advances. to see a full bracket of all the stocks in play in our faa "fast" competition, log on the fastmoney.cnbc.com. and you can get in by tweeting and tell us which stocks yourself picking by using fast money madness. there will never be any ties. why is that? you out there are the fifth trader. >> that was exciting. thank you very much for that. >> it

so we are back at precrisis levels and according to analysts, this shows that client confidence has returnedregions. >> all right. car carolin, stay there. joining us in studio, from the "wall street journal," clearly big outflows during the crisis. . in fact, they're starting to get clients back in. what does that tell you? >> two things. one, it is a vote of confidence in their business model. but i think the second thing, maybe it's more important, is that you're seeing shifting funds from south to north within europe. and switzerland for many reasons, including the fact that not just the eurozone is a huge beneficiary of that. switzerland is a natural winner. >> to me, the bigger picture here is that this shows -- and ubs is obviously refocused away from investment banking back. you see this with other banks, too. they had no expertise and now they're refocusing back on the core areas. lloyd's is a really strong example this morning. they were expanding all over the world. it caused huge catastrophic losses for them. now they're refocusing on the core uk retail market and the results are

after a terror attack, once the long term impact is assessed, the market usually gets to precrisis levels bombing, stocks were doing well. s & p up about 9% this year. >> allison, thank you so much. so interesting, dow futures up 100 points in a way the market giving its seal of approval, so the responsibility here and really the national resilience that is being scene at this point. appreciate it, allison. ahead on "starting point," horrifying moments for runners preparing to cross the finish line. happened seconds before they crossed the finish line. we'll talk to a woman who filmed this shocking video of the moment the first bomb went off. we'll hear her amazing story. you're watching "starting point." [ male announcer ] how do you get your bounce? i use bounce outdoor fresh sheets because fresher is better. everyone knows that. i'll tell you what -- i'm just crazy about freshness. [ cow moos ] mmm. [ male announcer ] how do you get your bounce? [ woman ] mmm, mmm, fresh. coverage of the bombings in boston. right at the finish line of the bombings in boston marathon. live on the street

we had so much of that precrisis period. stuart, thank you so much. we'll see you coming up on the business channel. >> thanks, martha. martha: right now american homeowners owe more than $13 trillion in outstanding mortgage debt, $13 trillion in mortgage debt owed. think about that. in 2012 more than 1.8 million properties received foreclosure filings. currently more than one in five of all homeowners owe more on their property than the house is worth in outstanding mortgage debt. boy there are serious lessons that we learned in this housing crisis, bill, and you just want to be very careful. there is nothing wrong with renting a place. if that is what works for you in your financial situation, that is the best formula for you. bill: sometimes at your point in your life it is better to rent. martha: exactly. bill: get back to september of 1999 you see how the law has changed and how the doors were open for a lot of people who should have been renting. >> right. bill: you saw the mess they got into. news about mortgages coming as new housing numbers s

private equities have sloweded since the fate of those precrisis deals are unclear. buyouts ever and still stuck in the private equity port foet lows. kkr marking it swept cents on the dollar at distressed evils will and any hopes of what would be a massive multi-billion dollar exit would still be use away. bisinano could be a game changer for kkr and first data which is aiming to shift the strategy to mobile and e-commerce payments. you can expect, carl, some mention of the road ahead. >> yeah. that's going to be an interesting day for him as we pay a lot more attention to that company now as a result of this move. thanks. >>> let's talk more about the executive change at jpm. paul miller is pan er ier is ma and just upgraded suntrust to out perform from market perform this morning. paul, good to have you back. >> thank you. >> let's do suntrust in a second here. briefly on jpmorgan, how much of these resignation or his leaving the bank is material to at least the way dimond performs strategically and tactically? >> i don't think it's really going to be material. an