and head of pharma roche gets the top job at astrazeneca. indicating a focus on innovation and deal making. >>> okay. just joining us very good morning to you. we'll correct something we said in the last hour of "worldwide exchange". that tropical storm isaac is expect to become a hurricane. it has been upgrade a hurricane. hurricane next is not saying they are a hurricane but they are expecting to become a hurricane when it makes landfall zeroing on the gulf coast and new orleans as well and of course it's the seventh anniversary of katrina. we'll have more on the expected path on that later in the show. right now as far as the australian day is concern, futures were called up higher. seven points above hire. nasdaq is down five points. about a point above fair value for s&p 500. dax and cac about a percent of .1%. ftse global 100 down by .1%. there was a public holiday yesterday. ftse today down .2%. dax down half a percent. we had a six and three month t-bill auction for spain. demand with solid yields continue to fall. that was fairly go

my name is john roche, with paragon realty. i have lived in that -- in san francisco since 1976 and have been in the real-estate business since 1985. i support this legislation. basically, following up, i think the small builder is part of the fabric of the city, just like small business owners. on the consumer side, the renter and potential home owner field the smaller building is more conducive to their lifestyle. i think the new, bigger buildings are great. they will take pressure off the housing stock, and hopefully help with the pricing. i do think we need the small buildings to support the fabric of our local neighborhoods. thank you very much. >> good afternoon. my name is pete brannigan. i work for a small real-estate company, and represent a few small builders in san francisco. i know that their business plans depend on growth, as do the number of jobs they provide to san francisco residents, and a living as they provide to families, companies that supply them, and subcontractors employed in the same project. like this

my name is john roche, with paragon realty. i have lived in that -- in san francisco since 1976 and have been in the real-estate business since 1985. i support this legislation. basically, following up, i think the small builder is part of the fabric of the city, just like small business owners. on the consumer side, the renter and potential home owner field the smaller building is more conduci

police say the roche demanded money from the driver, struck him in the head and threw a flammable liquid which set the cab on fire. the would-be robber died in the blaze. >>> it's back to school for some kids. students in the county are reveling in the last weekend before they head to the classroom on monday. as we report, many of them will now get a good head start to a successful school year. >> reporter: it was nearly a standing room only crowd at the showplace arena. thousands of students and parents attended the prince georgia county's back to school fair. many were eager for monday. what's going to be your favorite thing at school? >> my teacher. >> reporter: really? you like your teacher? >> reporter: the early birds got free backpacks full of school supplies. others not so lucky. >> we came for the backpacks, they're gone. >> reporter: bags or no bags, students were jumping for joy and seemed ready for their abc's and their 1 it 3's. what's one plus one? >> two. >> two plus two. >> four. >> four plus four. >> eight. >> wow. >> school officials and vol here plenty of information o

there's more access to the marketplace and that's going to be very healthy thing not only for martin roche as an independent publishing house, but for lots of smaller independent store growing. >> who was w.w. norton? >> he founded the firm 389-years-old at this point he had been in the import export business made he and his wife who was deeply involved in the founding of the firm had a passion for books. began as an avocation. he was in the import export business bayh de starting to publish books by night. three years later he was doing it full time and the rest is history. >> you just revived in 1927 to? >> we have, very excited about the initiative with the publishing corporation. we informed that since the early 1970's. they are the publishing's of comings and first of faulkner, first publishers in the united states of ernest hemingway. of the list goes on and on of the publishing in the 1920's. the firm went bankrupt in the early 30's but wound up as they say in the 70's and his hands through the wonderful energy of my colleague robert wilde. we've now revived the in print and publish

the woman says her 4-year-old was using chalk to draw on rocks when a richmond roch told him to stop.he officer said the mother cursed at him. she was given a $3500 ticket, but won't have to pay if she completes community service. >>> dumpsters were overflowing as the city enters a second week of a sanitation strike. people say the trash and the smell was only getting worse. >> reporter: just look at the trash spilling out of waste management dumpsters. food scraps, roting in the alleys. -- hotting in the alleys. >> disgusting. disgusting. >> reporter: it's not just the sight of it that turns delores nelson off, it's the smell. >> it's terrible. it's awful. i have to plug my nose. it's really bad. >> reporter: lam stu tells us he has been living with the odors coming out of them. >> it's not good. >> reporter: and try to run a restaurant with the stench of decomposition just outside your front door. >> it's not appetizing. >> reporter: phillip chen's family owns the noodle restaurant. >> the smell -- it's impacting my business because it's getting rid of people. >> reporter: just as w

i do, for the fifth book i roche, there were certainly people all who knew that they were creating aaa credit says a dutch were full of junk. and pushing it on their own balance sheets. was the fraud? i think that is a hard call. over a thousand people went to jail during that crisis. >> i asked the question because, sometimes what happens in life is that there is a shift in the popular sentiment. and all of a sudden, what was within the guidelines is outside of the boundaries. i remember when i was in my at most active years on wall street. we have a thing called structured finance. these guys who were attracted science level of intelligence -- to interpret the accounting rules r and accountingules to get to the most favorable treatment. and that meant selling very close to the line. and then at the sentiment changed and they were dogs, and some of them got into trouble. i think one of the problems with this idea of criminal prosecution is that it is easy to agree that when the people sold crap and called it gold, if they knew it they should be prosecuted. but there was so little done

. >>> president harry truman's grandson making a special it trip to hee roche ma.led in the atomic bomb blast authorized by his grandfather. >> rick: back to politics. governor mitt romney stepping up the pressure on the president after the newest jobs report. the unemployment rate rising to 8.3%, a sign the economy is still struggling years after the financial collapse. >> it's another hammer blow to the struggling middle class families of america because the president has not had policies that put american families back to work. i do. i'll put them in place and get america working again! [ cheers and applause ] you know this, these numbers are not just statistics. these are real people, really suffering, having hard times. 23 million americans out of work or stopped looking for work or way underemployed. >> here is the thing, we are not going to get there, not going to get to where we need to be if we go back to the policies that helped create this mess in the first place. and the last thing that we should be doing is asking middle class families who are still st

. >>> "curiosity" is set to rock on roche -- don't call the abover -- rover and if you hear the -- if you remember -- before it can look for signs of life it has to nail the lde, more naturallers are pool you rebel stered in the u.s. there were only ifful. the. >>> a new survey says the prayer is home to two of the best areas in the country for top restaurantgoers. san francisco followed by connecticut. lock island and new york city. en they 6. -- long island and new york city. okay. >> time 7 2. if. >>> will the, the -- 7:22 f. >>> the unusual weather you may not know on the peninsulaus that -- on the pin county somebody causing prob could confirm -- on the pin. can somebody confirm what i said? >>> the bay citizen reports san francisco has hire -- has hired a detective. a civil grand jury criticized the arts commission for failing to keep track of portions of a $90 million collection. there are 4,000 stilted pieces that range from sculptures to paints to lithographs. >>> a judge has determined that 80-year-old william ayers is competent to stand trial -- to stand trial again. his fi

. >>> new roch is out suggesting that breast cancer patients with dense breaches don't appear to havesed rick of death. that's according to the national cancer institute. however -- risk of death. that's according to the national cancer institute. researchers say high dense is one. wiggest -- biggest risks for detecting breast cancer and that can make it hard to difficult a tumor. >>> it's ticket tuesday. circus vargas. two lucky viewers will win a family four pack to see any performance -- performance this 2012 season. for your chance to win go ton ktvu.com before midnight and put in the -- win go to ktvu.com before midnight and put in the secret word "trapeze." >> we can do that. >> yes. >>> that's right we're watching the toll plaza. it is clearing out a little bit. it's still backed up for about a 15-minute delay. quickly we go to the san mateo bridge. the south bay is still very slow getting into cupertino on 85. a cooler -- >>> let's go to rose mare. >> i. >> at this hour, the marine layer still hugging the coastline across the bay, a mick of high clouds, the onshore breeze is b

i think you've heard of arthur roche. chris evert was many times number one in the world. stan smith, jimmy connors, serena williams, venus williams, just to give you a few of the champions that have come from public parks because everyone's initial reaction is they think you come from a club. that's not true. public parks. and happy to the usda is investing in public parks and schools by helping to build and refurbish chorus and provide programs in countless communities throughout the country. these tennis facilities have become safe and fun unity hubs. in the past six years, the organization has built or refurbished 25,000 cords in the u.s. and we hope by the end of this year that we've completed 30,000. so things just keep rolling along. it's great. [applause] also, it's very focused. the entire community is focused on this 10 and under tennis initiative has just gotten started the last three, four years. this will start hope childhood obesity, which we all know it's an epidemic in this country. we're going to get kids back tears. we know at the women's sports foundatio

i think that is a really hard question, and i do for my own sort of investigation from the book by roche, you know, there were certainly people what wall street firms who knew that they were creating tripoli their lives that were full of junk and putting it on their own balance sheet. was that a mistake in judgment or was that fraud? i think it is a pretty hard call, but i would also like to know that during the s&l crisis over a thousand people went to jail. >> sometimes what happens in life is that there is a shift in popular sentiment and all of a sudden what was within the guidelines is outside of the boundaries and when i was in my most active years on wall street we had a thing called structured finance, and the job of these guys that work at rocket science level intelligence was to interpret the accounting rules and the tax rules to get the most favorable treatment under growth and that meant sailing very close to the line they were in change and there were dogs and some of them got into trouble. so i think one of the problems with this idea of criminal prosecution is that it is v

the nike of roche, just do it. and then you talk about improvement in the u.s.you understand congress is this and this is bad. all these issues are raised. those are absolutely and equally true like india. i'm a complete believer and the need for policy reform. governance is an endorsement. i think the way it happened his democratic politics has to make policy reform a lecturer at a popular and qualitative. in some accent is happening. politics are to put a different a degree of maneuver to kind of unilaterally end is not as great as outsiders might think. that's the understanding and people have to have like india and china and a much more top sense. and they are increasingly to public opinion and so on. i think it really is a conflict and business policy reform or at least it's as complicated in india as it is united states. >> there are countries in which grow slows substantially. i will go out on a limb and say it seems to be associated with episodes of policy change at the real question for all of us in this business is how do you get there and how do you g

cedric hayek, had a more felicitous way of making the point i was trying to make before with my rocheetaphor. the past of economics demonstrates how middle of a know about what they can design. leftwingers want to bring -- rightwingers wish to scale down the size of government. after i heard a story about comments like this where budgetary issues were being discussed, the organizer got up and said i can't take this anymore. i am opening of the bar right now so that i can offer -- thank you. [applause] >> thank you. next speaker is craig barn. he was an infantry officer and trial lawyer. he was an international mediator plying his work in no less a place than the balkans. he is a playwright and founder of colorado common cause on the national board of common cause and author of an incredible variety of intellectual pursuits. one of which is an example in search of the lost worlds of women in archaeology. trilogy of plays in elizabethan england and passionate book called democracy at the crossroads. craig barnes. [applause] >> thank you, governor. nice to see everybody here. nice to be

i think that is a really hard question, and i do for my own sort of investigation from the book by roche, you know, there were certainly people what wall street firms who knew that they were creating tripoli their lives that were full of junk and putting it on their own balance sheet. was that a mistake in judgment or was that fraud? i think it is a pretty hard call, but i would also like to know that during the s&l crisis over a thousand people went to jail. >> sometimes what happens in life is that there is a shift in popular sentiment and all of a sudden what was within the guidelines is outside of the boundaries and when i was in my most active years on wall street we had a thing called structured finance, and the job of these guys that work at rocket science level intelligence was to interpret the accounting rules and the tax rules to get the most favorable treatment under growth and that meant sailing very close to the line they were in change and there were dogs and some of them got into trouble. so i think one of the problems with this idea of criminal prosecution is that it is v

i think that is a really hard question, and i do for my own sort of investigation from the book by roche, you know, there were certainly people what wall street firms who knew that they were creating tripoli their lives that were full of junk and putting it on their own balance sheet. was that a mistake in judgment or was that fraud? i think it is a pretty hard call, but i would also like to know that during the s&l crisis over a thousand people went to jail. >> sometimes what happens in life is that there is a shift in popular sentiment and all of a sudden what was within the guidelines is outside of the boundaries and when i was in my most active years on wall street we had a thing called structured finance, and the job of these guys that work at rocket science level intelligence was to interpret the accounting rules and the tax rules to get the most favorable treatment under growth and that meant sailing very close to the line they were in change and there were dogs and some of them got into trouble. so i think one of the problems with this idea of criminal prosecution is that it is v