and that is morgan stanley. the lead underwriter on the ipo. why morgan stanley?t because facebook is a needle mover. it's really not when you do the economics. based on an estimated 1% fee -- and they're going to cut the fee for this very important deal for them to get. the lead investment banks would share 50 million based on the stated $5 billion offering size or as much as $100 million if the facebook ipo get up to 10 billion. and that money will be split with the other underwriters, jpmorgan and goldman sachs. look, it's a nice piece of business. at the end of the day this deal by itself, it is almost a rounding error to their bottom line. however, the facebook ipo is a terrific illustration of what morgan stanley's doing right. and when you add the fees from this deal to all the other big ipo wins the company's had of late and the ones they'll probably get because of facebook, well then pretty soon you're talking about real money. morgan stanley was the underwriter on a bunch of big social need yeah deals. linkedin, zynga. 20% of ipos on u.s. exchanges and m

>>stanley: what about this line behind you. >> you got me. >>stanley: i am a firm believer that people cannot read signs, even if they are very close. >>pam: as it was kron4 for complete coverage. we will monitor construction as well as traffic. you can always said our web site for more information on the public transportation schedules. >>gary: the hottest name in america is jeremy lin. we have this high school coach with us tonight. that is coming up later in the broadcast. about what the and >>kimberlee: inspectors determined that the water slide area of the park is in dire need of a long list of improvements including stabilize and the ground that has moved. while parker managers are considering options a whether to rebuild or dismantle the water slides, the slide parks developer and its only operators its 1981 says the water slide should and could be saved. he says he would be willing to renovate can reopen if he could get a long-term lease of 10 years or more to cover the cost of repairs that he estimates are at about to let a thousand

>>stanley: stanley roberts, kron 4 news. >>pam: if you have a comment or story idea, e-mail us at peoplebehavingbadly@kron4.co m are calm. >>jaqueline: here is a live look from the mt. tam cam. the wind advisory has been allowed to expire. it is testing out there, it is just not strong enough for advisory criteria. here's a look at temperatures from today. another warm day around the bay area. temperatures reaching 80 in the bay area. we definitely cooler closer to the coast line. half moon bay the sea breeze winds remained intact. 66 in redwood city, 64 in oakland, 68 in antioch, 60s also in the north bay. here is a look at your extended forecast. a cooling trend will continue into the weekend and become more dramatic by sunday with temperatures in the upper 50s. we have the possibility of another storm pushing through tuesday into wednesday. it will only bring us light rain at best. >>gary: as good evening. the jeremy lin show slow down considerably in miami. it really was a rough night. the one thing working for jeremy li

. >> coming up the caps in a matinee against the defending stanley cup champs.  >>> welcome pack to the washington area nissan -- back to the washington area nissan dealers sports xtra. >> last time the bruins were in d.c. was two weeks ago. the team went to the white house and was greeted by the president who honored the reigning stanley cup champions. goaltender tim thomas didn't go writing on his facebook about a federal government that was out of control. the next day he of not in the net as his bruins lost to the caps 5-3. he was there today, though. 1st period no score. rich peverley up the right ring centered in front to milan luchich, bruins in front 1-0. later in the 1st period alex collides with boychuk but then to alexander semin. his backhand touchdowned about tomas who had over 35 -- backhand turned about tomas who had over 35 saves. behind the bruins net was 6' 5- inch adam mcquaid, ouch. 3rd period, vokoun triggers the caps offense to joe lan son and deflects off dennis wideburg for the often deflect of the game. >> with the defending stanley cup boston bruins

so i mean, i don't want to pooh-pooh the morgan stanley issue, i think your issue with morgan stanleyhen does it pay off? you know, morgan stanley has not delivered on their retail promise of getting their 20% pretext margin. so the argument on a morgan stanley is when will the market begin to believe their strategy? and their strategy is going to be believable when you actually start seeing the retail numbers improve. now, they are doing everything right now to try to get them moving but let's face it, morgan stanley's running at a 9% pretax margin in their retail business while bank of america, hard lit paragon of good management is running about a 16% pretax margin. >> hey, brad, it's tim. play maybe "fast money" trader for us, stock jen had fourth quarters out, the spanish regulators lifted the ban on shorting spanish banks. despite the run and your comments is this stale good trade to maintain a long exposure to the u.s. and be short the european banks because of all the uncertainty ahead? >> you know exit's interesting, you asked was there anything in the moody's call that was w

ah but with >>stanley: and do you want a ticket? just to do with this driver did. >> he passed a school bus with its lights on. >>stanley: in 20 minutes 5 drivers pass a school but with flashing red lights speaking of children. it just so happened i am now with traffic officers from the california highway patrol and the east palo alto police department. >>stanley: once the bus stops, the red lights come on. once the red lights come on driver is are required to stop and stay stopped. >>stanley: she has still to produce a driver's license but it turns out she was cited twice before. >> your vehicle is one to be towed. it is going to be impounded for 30 days. >> are you aware that you are supposed to stop when the school bus has a the lights on? >> i did not see. >>stanley: if you do not see the bus or stop for the bus with the flashing red lights off and an officer catches you you will get to go on your way it with a $700 moving violation. >>jaqueline: scottish hours for tomorrow. a more organized storm headed our way on monday. >>gar

>>stanley: yes.n the city or in oakland. >> i used to be party animal centrally and people would call me for everything. >> is there a game? >> is the president coming? >> it is presidents' day weekend. >>stanley: it is not a party. it is a huge event. >> whitney houston's funeral. >>stanley: that is in new jersey. >> a big event in the city? >>stanley: there have been signs all over the place. >> are you serious? >> i do not know. >>stanley: this site eventually magic to the bay bridge closure. >>stanley: have you seen signs? >> everywhere. >>stanley: while some people were totally aware that the westbound direction was close, some thought there should be better time and place them. >> i have not seen any signs. i do not drive, i walk. >>stanley: you have not seen any signs? >> i have not. >>stanley: is using more signs with up? >> yes. >>stanley: what is that sign behind you? >>justine: stay with us on kron4 for complete coverage. if you like more information, visit our web site and we will let you

we send stanley roberts to find out if that was the case. >>stanley: i asked to simple questions, what the big event is taking place this weekend and the land was the last time you saw a sign. this >> what big events are going on in this city? >>stanley: in this city or in oakland. >> i used to be party animal central, people would call me for everything. >> is there a game or something? >>stanley: not a game. >> the president is coming. >> it is the president's day weekend. >>stanley: it is a huge of bed. >> would be used as fuel. >> that is in new jersey. >> you are right. a big event is a city? >>stanley: there have been signs all over the place. >> are you serious? >>stanley: the sky eventually said the bay bridge closure. i asked him as he saw signs and he said yes. >> everywhere. fell last laws on fifth street. >>stanley: you have not seen any more? sam i do not believe so. >>stanley: some people are totally aware that the west of the bridges would be close, some thought there should be better site listed. fan i have not seen any signs

>>stanley: it gets worse.aid she was in traffic court the next day to cleared up. >>officer: someone wrote you a ticket but he did not know you had? >> it was back from 2007. >>officer: i'm going to have to do a 30 day in account. >> i told you i forgot about the ticket. it is from 2007! a >>mark: if you have a comment or story idea comely female >>stanley: . >>darya: we're back with more in a couple of minutes. >>erica: i am falling some tech headlines this morning. nokia it debuted a 41 8 mega pixel camera fun and barcelona. they're trying to stand out among other smart phone sa that include an 8 mega pixel camera. for more information on what this phone can do i have all of that information on my facebook fan page. for >>darya: in new this morning, the attorney general in virginia has reached a settlement deal with the infamous white house party fractures who showed up at a state dinner in 2009. since they were accused of making false financial statements is soliciting donations for his jury without being r

today, stanley was the hunter. for that matter, so was ben crane, chasing birds off the course at the phoenix open. sacramento's spencer levine had a six oz shot lead going into the final round. like stanley last week, the pressure got to him. a bogey at 12 falls into a tie for the lead with that man. stanley at 14 for birdie, good. third birdie in four holes, has the lead at 15 under. let's go to 15,000. levine, back in tie for the lead, second shot to the par 5 from the first cut, to the water, didn't make it. that ends his chances, double-bogey 7 on the hole, finishes two shots back. stanley doesn't blink coming home this week, a bogey-free 65 to win his first-ever pga tour. >> feels great. [ applause ] >> it's all right to be emotional, you know? you were emotional last week for whole different reasons. now you got a chance to stand up and be proud and be happy. >> yeah, you know, i would just like to thank my mom and dad. they have done a lot for me, and this feels great. i'm speechless. >> that kid's 24 years

stanley today was the hunter.t matter, so was ben crane, chasing birds off the course at the phoenix open. sacramento's spencer levine had a 6-shot lead going into the final round and like stanley last week, the pressure got to him. bogey on 12 falls into a tie for the lead with that man. stanley at 14 for birdie, good. third birdie in 4 holes, now in the lead at 15 under. to 15, levine back in a tie for the lead. par 5 from the first cup, got to carry the water. got to carry the water. water. he makes a double bogey 7 and finished 2 shots back. stanley didn't blink coming home this week. bogey-free 65 to win his first-ever pga tour title by one stroke over crane. >> feels great. >> it's all right to be emotional. you were emotional last week for a whole different reason. now you got a chance to stand up, be proud and be happy. >> i would like to thank my mom and dad. they have done a lot for me, and this feels great. i'm speechless. >>> john daly and his pants in qatar. final round 67, finished in a surprising fo

>>stanley: coming up, there is an easy way to get a big fat traffic ticket. i will show you how in the next edition of people behaving badly. ahu sphere then announcer: stanley roberts found some people behaving badly. fat ticket? just to do with this driver did. >>officer: i am citing you for passing a school bus with the lights on. >>stanley: in just 20 minutes, five separate drivers ignored state law and past a school bus with flashing lights picking up children. it just so happens i am now with traffic officers from the california highway patrol and the east palo alto police department. >> when the red lights are flashing, he need to stop. >>stanley: this driver turned on the campbellites and once the funds stops, the red lights come on. when the red lights come on, the drivers are required to stop and stay stopped in both directions until late sell-off unless it is a divided highway. if you do not stop, you get to have a chat with a police officer like this driver. she failed to produce a driver's license, but it gets worse. it turns out she has been cit

plus, stanley roberts takes us to copper co. >>stanley: modern-day pirates living in san francisco. i'll will explain in the next edition of people behaving badly. >>pam: the professional sports landscape instead of they could look different in a couple of years. today, we are hearing information about an oakland a's moved to san jose. >>grant: here is what we do know, the sharks play at the eats the pavilion. the san jose earthquakes are hoping that their soccer stadium will be a green light it later this month. that would be built next to the airport. the airport and city would be right about there. the owner of the earthquakes in the athletics are targeting a stadium site just south of the pavilion where the sharks play. that is where the oakland a's would like to build a ballpark. we have animation of what in oakland a's ballpark would look like. the team is a leading for approval for major league baseball, but today, the team's owner sounded like a man who has his heart set on relocating to the south bay. >> what we want is a new baseball stadium that would be fun to go to ever

morgan stanley gets to do all the bragging. by winning the coveted role of lead underwriter, the bank gets a big chunk of the fees. but morgan stanley is also well positioned for future facebook offerings or acquisitions and, experts say, it's pretty clear why the bank got the prized trophy. >> morgan stanley has done several recent internet i.p.o.s, therefore, they had a leg up versus their rivals. >> reporter: j.p. morgan, goldman sachs, bank of america, barclays capital, and allen & company will also get in on the action, and there could be others added to the roster. but wealth manager jeff sica says not being top dog is a big black eye for those firms, especially goldman. >> the lead is the position you want. the other companies will get fees, they'll add that to revenue, but the prestige of having that is what you strive for. >> reporter: exactly what those fees will total are yet unknown, but it's widely rumored they'll only be about 1% of the gross proceeds. that's far less than other recent internet i.p.o.s, like zynga

>>stanley: that is it richmond.: if you have a comment or story idea, e- mail us at peoplebehavingbadly@kron4.co m or a comma. >>jaqueline: here is a look at your current temperatures. it is going to be another cold night. third here is a road at temperatures as the head out the door to our morning. it is going to be frosty and frigid, especially in places like that by at santa rosa. in the 30's in the south bay as well. into the afternoon temperatures are not warming all that much. will once again be in the low 50s for portions of the bay shores. we are expecting it wind gusts in the 20 mi. per hour range. he will definitely want to bundle up. you will also want to stay or umbrellas back out. rain is all the way into wednesday morning. most of it will assess overnight. five with by 3:00 p.m. near the golden gate and by the the clock our showers will start to taper off. we have a chance of showers into the afternoon. here is a look at your extended forecast. it will be a cold day all the way around. there rain begin

>>reporter: if you have a comment or story idea for stanley e-mail us at people behaving badly.didate is stumping for votes on the west coast. we will hear from the presidential hopeful newton gingrich was in his day in the bay area and we'll find out who filled the most pain at the pump with the high prices in the country. and >> let me shoot mr. president not leave to keep your job. >>reporter: newt gingrich said his side on the president. the gop convention was held today. the gingrich says the obama rent administration is impossible for the recent hike in oil prices. we attended in here is what happened. >>reporter: hundred welcome the presidential hopeful new gingrich. including the firm--former cannery herman cain who said why the drop out and why he is supporting this can give. >> i chose to put family first and i did not choose to shut up. i am still on a mission. our mission is to gain control of the house of representatives and the united states senate. >> the few want $10 per gallon gasoline and in weakness require us to depend on foreign energy... we do have in the c

here is stanley roberts with an update on what is being done. >>stanley: notices have gone out to residents in the area of copper co that it is about to be cleaned up. >> as soon as i posted this and make a copy. a lot of people tried or assault. this is a legal document. >>stanley: they now have 72 hours to pack up whatever they want to keep before caltrans comes in to clean of the area. workers will be picking up meals like this one but caltrans is not the only one headed this way. caltrain is also discussing what to do about this area. the eaves these include the california highway patrol, the senate tail county sheriff and the public utilities commission. they will be taking a closer look at boats docked in the water illegally, especially this bill because the engine was reported stolen. other agencies include the san francisco department of public works, the port authority, the health department, some community outreach agencies and mental health workers so that people who actually want help can get it. >>darya: if you have a comment or sto

>>stanley: this is a penalty of 300 more dollars. anytime you are inside the muni fair gates or on the platform you are entitled to have your fare war you will have to do your own version of this theory dance. >>jaqueline: all we have some changes to the weekend in-store. increase of cloud cover and showers approach for the evening. partly cloudy and cool, into sunday chance of a late evening showers. temperatures will only be in the '50s for sunday. and by midnight, the showers are in full swing before finally tapering off its late monday morning and early after an. here's a look at the extended forecast. cool temperatures to the weekend with chances of rain to monday. >>gary: a hall of fame catcher has died at the age of 57. gary carter helped the new york mets, they won the 1986 the world championships. his early years were spent in the montreal and considered only second to johnny bench. he was terrific, nicknamed the kid because of his love for the game. he played with the giants in 1990. 19 seasons in the major leagues. he batt

nick: they can actually go and put kyle stanley's name on the check this week. it was a little embarrassment last week. somebody with a little bit of haste. jim: couldn't blame them. nick: fortunately it wasn't engraved on the claret jug and they had to rub it off. david: you think of the last two weekends in terms of weirdness. it's harder to think of a couple of back-to-back that would qualify, or even close. nick: might be the theme for the year, david. jim: last week all of that late drama was all just a setup for this. and now we have a new leader babington fedex cup points list. it is, in fact, stanley with a second and a first in these two weeks, overtaking johnson wagner. i don't know, just watching the way he rips at a driver. the way he just moves around a golf course. sash yeahs out there. -- sash iowas out there. looks big-time to me, nick. nick: these guys are all good. but they still need that real safety shot. you know, the one where you can put a gun to the guy's hit and he says i can hit a fade or a draw because quite a few times they lost it. t

>> the other interesting thing about morgan stanley and facebook, morgan stanley, don't forget they boughtill buy all of citi smith barney retail. if you're a morgan stanley broker you want to drive business, call up this customer that you don't have yet and say, hey, we're the facebook lead manager. you know what? if you want an account with me, i can get you shares on the deal. could drive the brokerage business. i think if facebook does well it could bring more retail into the market in conjunction with market performance so far. >> steve, just on that, you know, it's sort of a difficult position for morgan stanley. 800 million users at facebook. that's tricky to keep everyone happy. >> no doubt. >> i'm not sure how they're going to distribute the stock. i'm sure they'll try something creative. they could be in a tough position. >> i agree. i've allocated hundreds of deals during my career on the sell side. nobody's ever happy. the only people that are happy are the ones that don't buy a deal that fwogoes down. >> you've got 800 million people unhappy. >> that's a lot. where you're unha

>>stanley: coming up, bicycle is running red lights. i will show you what happens in the next edition of people behaving badly. >>pam: singer tony bennett joined seven choirs of honor, i left my heart in san francisco. he was given the key to this city and today was named tony bennett day. he says he is on a that his rendition has left such a lasting legacy for the city of san francisco. >> i always thought that it would be a local song in this area. coffee is the fact that it is that in international falls, everyone loves it and love the city. >>pam: a coming up next on of pablo sandoval with gary radnich yet another chapter in the german lead story gary has highlights on all of this for the next. the answer >> stanley roberts found some people beating badly. >> bicycle lists are required to stop at all red lights just like anyone driving a car. if you watch it is more common to see riders breaking out lauder regular basis, insert the san francisco police department. these bike riders will all be issued tickets for running red lights.

>>stanley: i think i will pass. i asked if they saw the sign prohibiting alcohol, glass containers, drugs including medical marijuana. >> i didn't see that sign that will be sure to look. farrar

stanley roberts gained access with the chp. also to keep to copper co where thieves are using boats to steal copper. stanley roberts was the only reporter given access to this area says as caltrans crews began a massive cleanup. >>stanley: the first phase of the cleanup at copper co have begun, but not without a lone holdout. even with a 72 hour notice to vacate, caltrans workers noticed a head of out of one of the holes in the freeway. when the chp check out the whole, they found nothing, so they moved on to another. >> we will send a dog in if you do not come out. >> finally, the man pops out of a third hole. >> i am leaving. >>stanley: during cleanup a few interesting things were found. three bags of unopened, and used syringes. in this tense, two different car batteries and a gentleman with a time first. not a knock off, it is the real deal. the batteries may have come from this man. he leases property from caltrans at this location. >> they have been stealing everything that they can sell. >>stanley: he told me he loses $1

rask >>stanley: in richmond i am stanley roberts kron4 news.>justine: you have a comment or story idea for stanley, you can e-mail him at people behaving badly. for much more ahead on the kron4 morning news. we need to update you unfortunately on the school shooting in ohio. we are learning about the second victim. economists not to mention how cold it is in the bay area we would take a live look outside and senate to deal with the printed in fremont, 43 degrees will be right back. my mom knows food magic. it's like so crunchy. it has crunchy stuff all over it. i can't get over how crunchy it is. it's like chicken and crunchy stuff got married and it's amazing! what they mean is, it's french's french fried onions in my crunchy onion chicken. just minutes to make, then bake! french's french fried onions. the difference is indescribable. available in the french's stay-fresh can. achoo! [ male announcer ] but when she used tissues, she went crazy wild. tissue after tissue, she always took a ton. until mom explained with puffs ultra soft & strong,

>>stanley: 47 $1 for a driver running a red light, for a bicyclist, $380.irst >> will this affect my driving? >>stanley: it will not affect driving record or insurance, only your wallet. for whatever reason, some people think bikes should be treated differently. >> cars are not biased. >> i get that. >>stanley: this person ran a red light of his life had no working rigs. >> it is kind of like riding a skateboard. it is not stable unless you know what you're doing is you're looking x and make the right decisions. >> he was cited for not having breaks which is also required by law. more and more departments are cracking down on bicyclist riding red lights. >>justine: it jeremy lin had a fishing a flurry of six straight points to close the game of the next rally for a 90-87 victory. their winning streak is now at six. he scored 27 points and added a career high 11 assists. the mark and make developing story, the search for human remains a will continue today in the san joaquin valley with investigators focusing primarily on the team. half year was seen off as

>>stanley: coming up, modern-day pirates in san francisco.>pam: there are new explosive accusations into the syracuse university sex scandal. the wife of the teams fired assistant coach is now involved in a lawsuit. >>kimberlee: bernie fine was fired last november after two men accused him of sexually molesting them when they were all waits for the team in the '80s and '90s. according to an affidavit, his wife is accused of having sex with numerous players over the years. the affidavit was filed yesterday by gloria steinem on behalf of robert davis the ec picture, let and his stepbrother on the right. in the new affidavit, davis said he overheard his wife and the wife of another coach talking about performing in sexual acts on players and discussing the specific size and attributes of their private parts. davis said it was an openly known fact in the the players joked about it. he also said the coach's wife initiated sex with him when he was a high-school senior. bernie fine has not been charged and has denied all wrongdoing. coming next gary

>>stanley: , now, modern-day pirates living in san francisco. xi this sphere announcer: stanley roberts found some people believe in battle. >>stanley: earlier i should be video of people living thing inside freeways around san francisco. this story is not over. one of the areas is known as copper closed. the many of the very same people who live inside of the freeways, according to the california highway patrol, go out on these boats to steal copper. they stripped copper from bridges and years and shipyards. they keep boats in the water to avoid police. if they think they're going to get busted, they simply tossed the stolen copper overboard to avoid arrest. bandits stole copper from the third street bridge costing the city and taxpayers $23,000 to fix. if you walk along the shores of copper co, you'll find insulation shavings from strict copper wire. under the 280 freeway is another home built into the freeway. inside one of the areas, bags filled with wires that are not yet stripped. these small fires are to brought of the insulation because

test >>stanley: go you want a big ticket? just do with this driver did. >> you have been cited for passing the school bus with its lights on. in just 20 minutes, five separate drivers pass a school bus with flashing red lights picking up children. it just so happened i am out traffic officers on the california highway patrol in east palo alto police department. once the bus stops, the red lights come on. drivers are required to stop in and stay stopped in both directions until the lights go off, unless it is a divided highway. if he did not stop you get to have a chat with the police officer. she failed to produce a driver's license but it gets worse. it turns out she had incited twice before. >> your vehicle is being towed. it is going to be accounted for 30 days. >> are you are aware that you are supposed to stop for school buses? how come he did not stop? >> i did not see it. >>stanley: listen to this, if he did not see the bus or stop for the bus when their truck but are picking of kids and an officer ketches you, it is a

now here is stanley roberts who found some people behaving badly.>stanley: the average weight of a light rail vehicle is approximately 97,000 lbs.. that is part car with no passengers. per-car. and in this edition. the 90,000 lb. train will win every single time however, finding drivers taunting them at this station in san francisco, they always have the right of way so when somebody is crossing in intersection they are supposed to wait and they do not. because this is san francisco and waiting is not in our blood. and also in some cases, neither are good drivers. this a driver could not wait because there was in the driving space. . one of the alsproblemse drivers making a left-hand turn from the right hand lane. and a right hand turn from a left hand lanes. like this driver. she drives in a crosswalk so she can get a parking spot. buddy think that it is even worse for morning pedestrians it during the commute so of course a deaa another visit will be in order. because i hear it is even worse for morning pedestrians if you have a comment or story i

now it's a goals and what a difference a week makes as american calls stanley has won his first title on the p.g.a. tour after coming from eight shots down on the final day of the phoenix i've been a result of well this time wall street stanleys throw away a stray strong lead on the final hole of the farmers insurance open and it didn't look like he'd be in contention this time round in the desert spence eleven here start of the day six clear of the field eight ahead of stanley. but that lead evaporated with a run of bogeys leaving spencer distraught are stanley was thinking the bird is his fifth of the ranch drawing human level on the leaderboard after a nice chip after the rough. and managed to keep his cool on the greens for a two shot victory delighted at is changing fortune in the space of just seven days . you know that's golf i think you know you need to accept the fact that you're going to be ups and downs and you just can't get too high can't get to love but you know understand profits so much from support from so many people people i don't even know and it's really helped me

>>stanley: this driver was stopped for not wearing a seatbelt. probation and a passenger on parole. >> i do not know many people who are 21 and never had a driver's license before. he told the officer fizzles as first-time driver but he told me this is the time. it turns out his girlfriend let him use the car. >>officer: this is a citation for driving without a license and for not wearing a seatbelt. >>stanley: there are a lot of drivers that have never had a license. >>officer: do you have a license? >> no license. >>darya: the time is 60 7:00 a.m., we are back with more in a couple of minutes. here is a live look from the roof on van ness ave. a lot of sunshine. not as warm as yesterday ended the day before but it will be better than the weekend. we will be right back with details. clefts it docked week gunman with

over to golf now and what a difference a week makes as american calls stanley has won his first title on the p.g.a. tour after coming for eight shots down on the final day of the phoenix open in arizona after spectacularly missing out in his previous event well this time last week stanleys throw away a three stroke lead on the final hole of the farmers insurance open where he went on to lose in a playoff and it didn't look like he'd be in contention this time around in the desert spencer levin here started the day six shots clear of the field and eight ahead of stanley but that lead evaporated with a run of bogeys leaving spencer distraught and finishing with a round of seventy five while stanley was sinking the birdies his fifth of the rounds drawing him level of the leaderboard after a nice chip to the rough and he managed to keep his cool on the greens for a two shot victory kyle delighted at his change of fortune and within the space of just one tournament. now the two time defending champion sebastian vettel predicts a very tight battle for this year's formula one title as his te

happy man today's golfer carl stanley he has won his first title on the p.g.a. tour after coming from eight shots down on the final day of the phoenix open in arizona this time last week stanley threw away a big lead at the farmers insurance open and it didn't look like he'd be in contention this time in the desert spencer living here starting the day six clearing the field and eight ahead of stanley but that lead evaporated with a run of bogeys and a trip to the water there spencer distraught stanley was still sinking his fifth of the round drawing him level at the leaderboard after a nice chip out of the rough here. and they managed to keep his cool on the greens to break to shot victory the lighted then changing for chines in the space of seven days. you know that's dog drink you don't serve the bear we're going to be ups and downs and you just can't it's too hard to. understand profits so much from support from so many people people who i don't even know going to really help me kind of put it behind me and move on and. you know it's going. meanwhile scotland

now over to golf and what a difference a week wakes as american call stanley has won his first title on the p.g.a. tour after coming from eight shots down on the final day of the phoenix open in arizona after spectacularly missing out in his previous tournament this time last week stanley's threw away a three stroke lead on the final hole of the farmers insurance open where he went on to the news in a playoff and he didn't look like he be in contention this time around in the desert turns eleven his. started the day six shots clear of the field and eight ahead of stanley but that lead evaporated with a run of bogeys leaving spencer distraught finishing with a round of seventy five while stanley he was thinking about is his fifth of the round drawing him level on the leaderboard after a nice chip after the rough he managed to keep his cool on the greens for a two shot victory kyle delighted at his change and for change within the space of just one torment. you know that's golf i think you know you need to accept the fact that they're going to be ups and downs and you just can't get to

>>stanley: that is one of the many reasons smoking is banned within 20 ft. of bus stops it shelters. there is a strange misconception that it or philosophy enforce it has to be a side. this is not true. this meter is on this >>mark: is starting to look like europe is closer to being in a recession. how much of the effect will that have of the u.s. economy? >> i think the bigger story is the u.s. coming out of our fog. a lot of the economic numbers show it. while it can hold us back i do not think it is going to. the story of the next few years will be the u.s. getting stronger once we get past 13,000 the the bigger what is the nasdaq. it is only 50 points away. it will be the first time since the spring of 2000 before my love it. -- before 9-11. >>mark: it seems like apple is a big part of that. >> guest. >>darya: of the screen is going up for sale. a new york city art auction will feature the master keys. sotheby's announced this morning that the work will lead the modern art's evening of may 2nd. it is one of four versions of the painting is the only versi

morgan stanley clinching the lead underwriting roles.e have all the angles covered on what could be the biggest tech ipo. >> adp comes in line roughly with expectations but december is revised down. ism comes in less than an hour. >> amazon shares sharply lower in the premarket trade on disappointing earnings and forecast. can the stock maintain its premium valuation as it subsidizes prime customers in kindle sales? >> and mitt romney triumphant in florida but gingrich vows to keep on campaigning. 46 states to go, as he says. will the money keep flowing to gingrich now that romney has claimed what some are calling front-runner status. a lot of people will be hitting the reset button on the s.e.c. website waiting to see when this prospectus gets filed. >> anytime you have something that is being used by people -- i remember when aol came public, starbucks. anytime you have something that engages a lot of users, everyone wants in. and i don't blame people. they love the product, they want a share. they loved google, they wanted a share. >>

>>stanley: tonight at 8:00 p.m. i will look at how many people i've found sleeping in and around the ec transit bus shelter in the next edition call >>catherine: of relations between the u.s. and egypt is at its lowest point in decades. john mccain is one of several lawmakers now in egypt trying to negotiate freedom. >> we have had the muslim brotherhood and others and we have emphasized the records of this issue to the american people and the importance of it being resolved as quickly as possible. >>catherine: mccain says he has better short by egypt's a military rulers that they are working to fix the issues. the two sides are at least tried to move forward. stay with us, more news after the trees. but >>catherine: said a new study by the l.a. times says the light of the people are that selected the winners. the report suggests that of the 5007 of its 76 members of the academy of motion picture arts and sciences the members are 94 percent white and mostly male over the age of 60. the academy adds who was added in

. ♪ >>stanley: coming up, some people have found a way to buy the muni clipper card but not use it.l explain in the next edition of people beating badly. >>erica: a live look at the golden gate shows traffic barely moving. i will have drive times for you right after the break. >>erica: we are tracking the bay bridge closure right here on kron4. the closure is scheduled to be in effect until 5:00 a.m. on tuesday morning. we did hear that they could open the bay bridge westbound out of oakland in san francisco earlier than expected. in the meantime he will have to find an alternate route and expect delays. the richmond center fell, it is very unusual to have this much yellow that time of night, especially on a weekend. you will really see an did notice delays on southbound 101. what is usually a 13 minute trip from the 580-101 into a change to the golden gate toll plaza is clocking in at 56 minutes. we actually have a live look at the toll plaza, traffic is stacking up, very heavy conditions on the stand but also on entire stretches of highway 101. as the thick of the camera out you w

stanley roberts followed highway patrol as they went cracking down on the problem.they are an old boats. they are stealing the copper wire. this is a story will only see on kron4. >>stanley: earlier i should you video of people living inside the freeways around san francisco. some viewers said these people are not committing any crimes, so police should leave them alone. if the story is not over. s one of the areas is known as copper co for. >> these people come from all over. they take wires. >>stanley: many of the very same people, according to the california highway patrol, go out on boats to steal copper. they keep the boats in the water to avoid police. if they think there are about to get busted, they tossed the stolen copper overboard. they sold copper from the third street bridge crossing the city and taxpayers $23,000 to six. if you look on the ground he will seek places where small fires were set to burn of the insulation because copper is more valuable clean. it is not as copper wiring i found, laptop bags that police believe were stolen from automobiles