when he referred back five years ago approved every year by the auditors and for the transactions they had done. he did not know reserves from premium. baseball would be the same thing. he had no knowledge but he used that to bludgeon the board. my friend was on the board at the time, the only to that fought this silliness. and they withdrew their approval. if the auditors don't sign off that will cause you shakiness in the value of the company. we were triple-a-rated in a growth pattern that was the envy of the whole industry. it was clear spitzer would demand my head. the change of corporate governance really became a great example and the destruction it led to was unbelievable. there was a meeting held with dick be the and spritzers jogging partner. and the other firm was a corporate lawyer was an associate. it was even-handed. they had a meeting to decide i should step down. this was made of the annual meeting and it was in march and i would remain as the chair a couple of years to see how the transition would work. spitzer demanded by the then. i could remain as chair and i said n

spritzer all of the transactions that they had done. so he jumps on this transaction. he did not know reserves from premium. he did not know. to talk about baseball would have been the same thing. he had no knowledge of any of that, but he used that to bludgeon the board. and my friend sitting here was on the board to time. a stand-up person, my say. he and another board member, probably the only to who bought this silliness that was being presented. the auditors college and approve this five years a row withdrew their approval. you know, if they don't sign off on year-end results it might cause a little shaky is in the value of the company. we were a triple-a-rated company and the highest ratings. a growth pattern that was the envy of the zero industry. and it was clear that spencer was going to demand my head. and this change in corporate governance that we refer to really became -- this is a great example of what happened. the destruction that it led to, it was just unbelievable. there was a meeting held, one of the lawyers of town. a good friend of spritzers. he was

i know that bill can't asked the auditors, for example, does this transaction affects shareholders equity and he said no, it does not. but we can't do that now. it was clear they were getting pressure from their office. he asked, will circle that, so what's the difference? he wouldn't do it. so it was clear that spitzer had one aig over. they then paid spitzer a billion $600 fine. that led then to class-action. that led then to class-action suits for several billion dollars more. so you think about what this man did. he went on national television and accused me of criminal fraud without ever having indicted me are presenting any evidence that i did anything wrong. john wrote an op-ed in "the wall street journal", commenting how can attorney general do this to one of america's leading ceos? spitzer called him and threatened him after that. so clearly what happened in corporate america is that boards last enormous power. ceos last enormous power. bortz took over more and more responsibility. is that good for american business? is that good for the economy? is one of the reasons i've writte

i was so far away from the transaction, the justice department looked at me for five years, for five years and said, you know, you did nothing wrong. we can't -- nothing we can do. that was, to me, the first part of aig's destruction. after that, so now you go on. aig is coasting along on its strength, but all the risk management controls that we had in the company were disassembled. we had an enterprise system, one of the first ever put together, and it's been claimed aig had so many different companies and so diverse, you know, how could anybody manage it? diversification is good, not bad. of course you have to know how to manage it, but diversification is a proper strategy for a company. we had geographicals diversification, and we had business diverse cation so if one thing goes wrong, the others carried it. that worked for us for years and years, decades, and so to claim that diversification is bad, you should become a simple insurance policy company. well, though who who were simple insurance companies, look at their records. they are terrible. there was nothing wrong with the

not contested that the transaction occurred. just for your information, the san francisco police department visits 450 randomly selected stores every 18 months and that is just logistics and funding. and so as far as suspensions assume thating they sell to a minor t goes through the process to the health department and the health director has the legal authority, according to the ordinance, the permit ordinance to suspend the tobacco sales permit and the authority as you know is to suspend for up to 90 days for the first violation which is a pretty rare occurrence as you see from the su pensions that come your way. just a little bit of overview, since 2005, there have been 500 police citations, in the inspections the police department has done in the last 8 years, 481 stores have sold to a minor and have received a pc308 ticket for that violation and then there have been 356 suspensions of licenses for various periods of time as well as appeals that have made their way to the board to this board, a portion of those, that is only

to have access to the same transactional information available within the finance industry in terms of all the transactions are taking place elaborate on that tell us what's going on yes so there was a report on the reuters wire that the. treasury department is kicking around a plan internally that would give the n.s.a. and the cia and the spy the intelligence agencies full access to the fence and day . base of suspicious activity reports currently the f.b.i. has that kind of access but if the spy agencies want to want access they have to do it on a case by case basis so they would get they would. be able to sort of mind the database that fence and the financial crimes and foresman network collects of these suspicious activity reports that are that our banks are required to file those suspicious activity reports any bank will tell you or are quite voluminous they tend to err on the side of caution. rather than suspicion when they're filing those because they don't want to get ding for for not spotting a little mark let me jump in here for a second because last year we reported how hedg

u-s representative gabrielle giffords' husband purchased a semi-automatic rifle has canceled the transactionowner says a full refund was sent to mark kelly because the former astronaut didn't plan to keep the ar-15-style rifle for his personal use. kelly bought the gun saying he wanted to show how easy it is to buy an assault weapon. he planned to turn it into police. his wife was among 13 people hurt in a shooting outside a tucson supermarket that left six others dead back in 2011. and in the nations capital tonight. people continue to line up outside the u.s. supreme court despite the snow and freezing temperatures they're hoping for seats to hear the historic arguments on prop 8 and the defense of marriage act. they have been camped out for days. and they're not about to budge. reporter joe johns has more. they're waiting to witness history. >> "as a gay american i think its very important to be a part of history." scores of people standing in line since last thursday dealing with snow from sunday to monday all in hopes of grabbing one of 250 seats available for the general public, when t

. >> what is you anemic about this market is in the last transaction, the last three transactions, thesking price has gone from 12 to 18 percent and waving appraisals. >> it's a seller's market. >> president of bay east association of realtors says another driving force, interest rates, at record lows. >> i have been in the market since 1977. this is by far the lowest i have ever seen. >> he hopes things don't get too crazy. >> i'm just hoping things stabilize, we don't have these mass ive swings, real high values and come crashing down. >> when we talk about low inventory, here's one example in the city of heyward. in 2008, there were 730 homes on the market. today, there are 70 homes for sale and they are going fast. in heyward, juliette goodrich, kpix5. >>> a san francisco native who never had a family to call his own finally does at the age of 32, he has been adopted. >> i love you. >> finally going to get to done. i love you so much. >> maurice griffin went to juvenile court to finally be adopted by his one-time foster mother. he was put up for adoption at the age of 3. when he wa

the deal, the transaction i believe is a win win for the city of san francisco and for the medical centernd the center health system. by the name, my name is gerardo. this agreement ruts results in a significantly larger hospital. 120 beds. a significantly smaller hospital. 255 beds. saint luke's hospital will be 25 of all the cpmc. it will continue to provide the level of care with no financial conditions or projections and i think we have solved what was an issue and initiated on the side of the hospital. over and above the on going care obligation of the hospital. the agreement is $90 million for cash benefit and others related to health care, affordable housing and pedestrian safety. that's an overview of the deal and you will hear, i'm going to be to make some acknowledgements an those that negotiated the contract, the development agreement as to specifics. the process was one that i came into with somewhat or some bit of trepdation. i have been involved and know what i know from the board of supervisors from what i read in the newspapers. i was concerned about what it would be like

we need more time and we are requesting a change in how we handle the transaction cost. the additional time will take between a 9 month to get passed the negotiated and approval. by the end of 2013 we can be an approved and moving on with construction. we feel we hope to beat that schedule. we wanted to give ourselves the time to make that schedule. the way our exclusive negotiating agreements are structured is the developer pays us a negotiating fee which they have paid $75,000 and which they have paid $80,000 of port cost. where the port will end up paying on the margin, the equity investment will accrue at 14 in a n in a year. that it will not return on the cost can investment. that modification that we track and count all the time and the port will get repaid from the project revenues when those float. those are the two changes to the exclusive negotiating agreement we are here to ask for tonight and ask for approval to make those and executive that agreement. >> so moved. >> second. >> public comment? >> corn wood. i support the extension. we all wish it were going t

i know that ended the transaction, so that's probably why there was more than one. aybe i was topping off the gas tank for another. >> during your testimony about the abuse by travis, you have made several comments like as i understand it now or i've come to realize when discussing events that you may not have classified as abuse then, but see it as such now. have you utilized professional help? >> i have not had access to professional help, no. i haven't utilized that. >> did you enjoy having sex with travis? >> for the most part, yes, i did. pretty much. >> did he force you to do things you didn't want to do? >> there were things i was uncomfortable with. i didn't feel all together forced. i went along with it. so i didn't -- he didn't physically force me. >> why did you wait for so long to tell the truth? >> again, it took a long time, it took a long time for me to get to this point. i never wanted to admit to this. and i had written out all my suicide letters. i sent them in an envelope to my grandmother, do not open until november 10th, 2008. i was hoping to be

the primary concern is being able to transact day-to-day business without running out of cash. the 5 billion euros sent by the jammer and -- by the german government yesterday is meant to help. they expect a large outflow of cash towards consumers as people continue to -- until confidence is returned to the system. .> i'm sorry to interrupt no one knows when confidence is going to return. you wonder how cypriots are going to be coping. how are they going to be getting on with their daily lives with all these restrictions in place? >> that is right. the government has said quite straightforwardly we are going to renew these measures on a weekly basis for as long as necessary >> but they are so -- as necessary, but they are also trying to sound a conciliatory note. they hope it will only be necessary for a short time, the capital controls that you mentioned earlier. what happens today in the branches of the bank's -- the banks will be key to the psychological atmosphere that is created around cypriot banks, more broadly around the world. there seems to be orderly conduct of busine

the deal, the transaction i believe is >>> good afternoon and thank you for coming. i'm delighted to announce that our first effort is unleashed upon the world. [ applause ] . it's only been two-and-a-half years since the moment of conception of this idea. it's an amazing tribute to our community. it reached three levels of impossibility, of getting a permit and designing it and putting it on this structure and the impossibility of getting it funded. it really is a tribute to so many and a lot of faces that i'm looking at this room tonight. it comes down to as always people. i'm going through a few moments here to give a real thanks to people who made this night and the next two years possible. i'm going to list a couple of company names, but i want to think of them as members of our community that made this project possible. that included, bloomberg, guchie, it includes the partners, magazine, california home and design, magazine, aluminum illuminary sponsors and the folks tonight. and, you know that first level of impossibility. i'm going to list some agency names.

we anticipate the closing of this transaction to happen on april 11th, 2013, slated to begin construction in mid to late april of 2013. developer is in possession of all of the project approvals. we are ask for your approval. we look forward to any questions that you may have. we have members of the development team here, and members of their consultant team here. i can also speak to the ground lease if you wish or close here and you can call them. >> we call it already. >> okay, great. the ground lease which you will be reviewing and approving is the same operation, 75 units of affordable house, the initial term of the lease is 7 years and to extend another 29 years for a total of 99 years. in december 2006 mo issued a request for proposals and selected china town as the developers. they have all project approvals and financing in place, which enables them to commence construction in mid to late april. it is integral to the success of the apartments and we respectfully ask for your approval of the ground lease and ask for any questions that you may have. you should have all of the legal

we anticipate closing the bond transaction to take place on march 28th. 2013, the project is slated to begin construction shortly there after in early april of 2013. and developers thinks that it should involve the approvals. we respectfully asked for the approval of this and look forward to any questions that you may have, please note that we have representatives from the city's bond council team and the financial adviser and the developer's team as well to answer any inquiry that you may have. thank you. >> colleagues any questions? >> okay, seeing none, we have no budget analyst report, and we will open it to to the public, any members wanting to comment, step forward. seeing none, public comment is closed. colleagues. >> so moved approval. >> okay. >> and we can move, oh, real quick. we do have actually a technical amendment? >> on-line 17, if we did it stead of resolution 334-12, it is 344-12, if we could make an amendment to that ordinance? >> i move the amendment >> okay. we can move the amendment and amended could we motion to approve item 11 >> so moved. >> we have that opposi

has canceled the transaction. ner says, a full refund was sent to mark kelly because the former astronaut, did not plan to keep the a-r-15- style rifle for his personal use. kelly bought the gun saying. he wanted to show how easy it is to buy an assault weapon. he planned to turn it in to police. his wife was among 13 people tucson supermarket , that 2011. boeing says a test flight of one of its grounded 787s went "according to plan." the f-a-a pulled all of the 787 dreamliners from the sky in january due to overheating smoking batteries. boeing has been searching for a solution to the battery problem. the jet maker says yesterday's "functional check flight" lasted a little more than two hours out of an airport in everett, washington. a second battery certification flight test is >> there's nothing worse. headache, sore throat, fever and that achy feeling all over. officially, the flu season is winding down. unofficially, you can still catch the flu bug. even now in spring, the chances of coming into contact with t

we have the debt tax, transaction tax, we have sales taxes. enough of the taxes. leave it to the private sector. we will come out of this thing, but we must grow our way out. >> it is remarkable that we have these people. we have had how many fiscal cliff deals? so many crises over the last two years. they need to do their day jobs and a budget. the way that we get revenues, you know, the bargaining may now have been used, meaning that the tax increases, they may be more lock-in on either part of the aisle because they don't have kids department. neil: you are right about that. guys, stick around. in the meantime, the faa wants to know why we are doing the harlem shake like this on the plane. i could be wrong, but i'm thinking maybe they need to focus on the safety of the situation. and the groupon ceo stepping down. down. his outrageous letter coming up ♪ music one more time! ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later

. >> probably was a three-hour report as part of the transaction to the client and we don't know what it said it probably said single family dwelling also. >> if that did it would have been part of the disclosure packet. nae. that 14 years ago i have not looked at the packet but if that is something that you want i can look for it. >> that would be inconsistent that you are buying a three unit property. >> no you don't necessarily look at your three hour report. if you don't have a good agent. when mr. honda sells property you look at the three-hour report. >> he owns multiple properties and people who buy multiple properties. >> this is one of the properties that he purchased and owned. >> okay. all right that is enough. i have had enough. >> who wants to go? >> i am too tired. vice president, should i start? >> sure. >> okay. >> the rights of a home owner and the rights of the tenant in san francisco are very difficult and we do have very, very strong tenant rights in the city. a lot of that tenant rights is geared towards circumventing for eviction especially know that the property

spitzer all the transactions they had done. so spitzer jumped on this transaction. he didn't know reserves from premiums. talk about baseball, wasn't the same thing and that he had no knowledge of any of that. but he used that to bludgeon the board, and my friend sitting here, mr. combs, was on the board at the time. a stand of person i might say. he and hills, was on the board probably the only two who fought this silliness that was being presented. the audit was approved for five years in a row, was through their approval. you know, the auditors don't sign off on your end result. that caused a little shaken is in the value of the company. we were aaa rated country, the highest ratings, had a growth pattern that was the envy of the whole industry. and it was clear that spitzer was going to demand my head. and this change in corporate governance that i referred to really became the great example of what happened, the destruction that it led to was just unbelievable. there was a meeting held. one of the lawyers lived uptown, dick beattie was the head of the firm, and

be much less feasible considering people would simply call their credit card companies cancel the transaction and eventually the the charities might end up receiving bad press about it so bad brown was explicitly against such tactics and had only posted that link in terms of trying to make it a research subject for a project pm and talked briefly about project pm what was he able to reveal through this project. still project is. is a crowd sourced distributed think tank it's essentially a wiki where readers can be editors and those started in two thousand and nine and it really gains its own purpose after they hack a cyber security firm known as h.p. gary in february of two thousand and eleven h.p. gary their h.p. gary federal c.e.o. and barr at the time he was quoted in the financial times piece is outing the top three members of anonymous anonymous in retaliation hacked his servers obtained all sorts of e-mails seventy five thousand plus emails from his account and that was the project's pm research effort was going through those e-mails now in those emails were a number of extremely shady