don't know if that's true or not, but with no case be number two on warren buffett be number three, steve fordted that i was one of the greatest entrepreneurs in the history of free trade. that's an important one because we don't have free trade. we don't have free trade. we don't have fair trade and i am a fair trade reliever. i love open market, but not when china is manipulating currency. not when all the other fact tours have taken place. [cheers and applause] and i can tell you, i am a big buyer of products. they build holdings in other things. and so many of those products unfortunately come from china and other countries, but china. we are rebuilding china. you go to china right now they are building the biggest airports in the world, the best everything. and in doing it, because we buy so much of the product. and the reason we buy their product is because their currency is so low and they have it artificially so low that it makes it almost impossible for companies to compete. i tell you the one thing that's very important. our companies make a better product. it's very important to kno

ford: any questions of the executive director? we do have one more item. >> that is right. we have steve forever construction of state. thank you. >> good morning, everybody. just a quick construction update. as the executive director said, we continue to do well in the safety area. around 28,000 hours in all without incident or accident. the demo phase 2 and 3 work continued in the area. the big thing there is we kept the wrecking ball going at the central terminal. that started on the third of december and continued through the month. we just moved off the central terminal last weekend and over to the west terminal. they have a bit more to take down in the central terminal, and then there will be pared to start back filling. we put new water in on freemont. water and sewer work progressed on first street. work also continued on mina. we also got the 4.3, 4.4 packages out with notices of receipt. the mission wall got started on january 4, the screen wall that will allow us to take down the existing screen wall which will allow us to do the final demolition and shoring. i wanted to show you the demolition plan over al

ford: any questions of the executive director? we do have one more item. >> that is right. we have steve forever construction of state. thank you. >> good morning, everybody. just a quick construction update. as the executive director said, we continue to do well in the safety area. around 28,000 hours in all without incident or accident. the demo phase 2 and 3 work continued in the area. the big thing there is we kept the wrecking ball going at the central terminal. that started on the third of

steve will report on this item. >> motion to approve the amendment. >> [roll call] that is four ayes. item seven is approved. director ford: next item. >> item 8. audit presentation of the tjpa financial statements for fiscal year 2010. >> sarah will report on this item. >> i am actually going to invite our auditor to come up to present to you this morning. >> good morning. my name is david, and we are your auditors. i want to recognize the manager from the engagement who conducted most of the oversight and supervision. we are here to present the completion of the 2010 audited financial statements. we produced two documents as a result of our audit. we have a short report to the board, which is a summary of our results. financial statements contain both a financial and compliance audit. the financial audit on page one shows our opinion, expresses an unqualified opinion, which is the highest level of assurance we can provide as your auditors. basically, it just means the financial information that management has put together is in compliance with the generally accepted accounting principles. the second half of the document contains the single au

steve jobs said he's taking a third medical leave of abscence. apple's board does not want its succession plan made public, because it fears losing talent. a big recall for a fairly small problem. ford is recalling more than 350,000 f-150 pickup trucks in north america, most of them in the u.s. there's a potential problem with the interior door handles. the recalled trucks are from the 2009 and 2010 model years. ford says the recall does not impact the pickups made this year. the f-150 is the nation's best selling vehicle. verizon started taking preorders for its iphone 4-g today. it marks the first time apple's iconic smart phone is available in the u.s. by someone other than at&t. verizon is counting heavily on the iphone, predictingt will boost revenues by as much as 8%- - huge for a company its size. tonight's commentator thinks the cultural impact of smart phones like the iphone is even larger. he's harry lin, c.e.o. of tech startup taaz.com. >> apple's iphone is not perfect. its phone quality is not top- notch, and its computing power is very limited. but of all the smart phones on the market, the iphone, most of all, has transcended being a mere gadget into something that's b

steve jobs. it says remember what happened with disney when walt disney passed away. what happened with wal-mart when sam walton left and what happened with ford when henry ford left, all companies managed to survive and apple will do the same thing. there's concern among shareholders and they want an answer today. >> an update on the story we've been telling you about for days. oakland police say they've arrested a suspect connected to a string of robberies targeting women leaving a supermarket parking lot. investors say over the last few weeks, six customers were robbed after leaving the safeway store on redwood road. the thieves would follow the victims' home and rob the women in their driveways. a surveillance camera captured one of the robberies on camera and that gave police enough information to obtain an arrest warrant. police are still looking for at least one other suspect. >> the officers prosecutors and judges responsible for putting three kidnappers behind bars 35 years ago will come together in san francisco today to ask that the men be released. james along with his brother richard and their friend fred woods were convicted in 1