the lower shopping center 13 other retail uses charles schwab and pete's coffee wells fargo are union bank noah's bag he lives starbuck's and first republic bank and others in addition the space has been vacant there are approximately 3 other vacancies within a quarter of the radius of the project site it is comparable with the authentic character of the surrounding neighborhood it is limited to minor taergz for the storefront the existing dry side along the footage the two storefront strangers are being retained as part of the project to do i date the department has received lowers of support from the lower heights and the lower village association as well a petition of approximately 4 hundred signatures department not aware of any opposition to this project the department has found the project to be necessary and desirable the project is the original store dedicated to the retail sales and attracts the viability of the shopping center the project will fill a vacant by a closure of another retail use not increasing the formula retail within the shopping center this is appropriate for the

and how copied by other organizations further i wanted to mention turner construction along the union bank in san francisco are kicking off their management training program on august 4th in san francisco that is specifically targeted to local minority owned women owned and disabled owned businesses the training is free and dinner is provided month nights i want to thank turner and contact turner eileen at 5108241 or t c co.org should be very valuable and helpful to those businesses if are working to work in the construction field and to give an update from our construction. >> good morning steve rule with turner construction thank you, maria some good process although not a lot of significant changes since we briefed you in june probably more significance the fact we're erecting steel we've moved into the eastern zone and pouring concrete on the deck this is the slide we track the progress and milestones the key we're leaving that did t go wall will be completed in september and possibly as early as august and structural steel is doing better as fabrication and deliveries continue to buil

the expiring agreement over proposing as replacement agreement next directed first, you will see union bank agreement is expired. if a new agreement were posed to replace that. this bank of america at the $75 million level, placed as i noted is dropping in half as you'll see right there in the middle from 0.65% down to about a third of 1%. for two years agreement. make of tokyo agreement in the third column there, waxy proposing to extend that agreements to lower cost for an additional three years. but total of six years. again, 0.35%. just when around one third of 1%. so it's about half the expense of the current deal. as i noted, there's typically with a category of items that come before you there's a lot of paper on electronic version. i just want to walk through the documents that are in front of you just quickly. we have the facility agreements which are the actual agreements with those banks for this credit facility with this letter of credit to so, there's one for each of the two banks one for bank of america one for the bank of tokyo. get a few letters which goes into the details o

bank. one of the largest union backed banks. bernie sanders also puts his money at union backed bank.hey also use smaller banks. , complex mazene re federal election laws -- you need a small tailored service. that's what you've seen these campaigns move away from the biggest banks out there. betty: getting back to the republican candidates, president obama made his appearance on john stewart's daily show last night, one of the big guests that he is having before he goes. this is what he said about donald trump. president obama: i'm sure the republicans are enjoying-- john: anything that makes them look less crazy. betty: . away?o you think he fades or does he fade away for the republicans? phil: it does look like anytime soon. i was waiting to get a look into -- the newest polling we've gotten only surveyed in that last way for hours, there has been a shift in those numbers, but not enough of one to take donald trump from being the front runner. this is the biggest concern among republican consultants. if his numbers do not fall off the table after what he said about john mccain, he h

you can go to a traditional bank, a credit union, an online bank.ally is important, though, to look around and see where you can find the best rates, and really what kind of product is going to give you the type of return you want, as well. how long you want to have your money tied up. and when you do the math it can make a big difference. we aren't talking about a lot of money here. we're talking about the average rate on a savings account right now is 0.1%. that's not a lot. but if you look around you might find one that's 1% or 1.25%. look at the difference it could make. $10,000, 1% is $100 that you're going to make in interests as opposed to 0.1% you get ten bucks. >> you mentioned money market accounts, what are some of the other options out there? >> of course you have high yield savings accounts, a money market account. you can also, perhaps, look at a money fund if you have a brokerage account to put money in. you really need to search around and look for the type of product that's right for you. certificates of deposit another way to park

first find a participating bank or credit union. call 211 or call one of our partner banks or credit unions and ask about the bank on s.f. account. both -- most bridges will have a sign in their window. second, ask about opening an account through bank on s.f.. a financial partner will guide you through this process and connect you with the account that is best for you. third, bring some form of identification. the california id for an id, or your passport is fine. >> now you have open your account. simple? that is exactly why it was designed. you can access your account online set up direct deposit, and make transfers. it is a real bank account. >> it is very exciting. we see people opening up second accounts. a lot of these people never had account before. people who have problems with bank accounts, people without two ids, no minimum deposit. we are excited to have these people. >> it has been a great partnership with bank on s.f. because we are able to offer checking savings, minimarkets, certificates, and loans to people who mig

there is a banking union in place. banks are now supervised and may pose less of a risk to things like a greek default if that were to happen. there is a system to wind up failing banks, which was not there before. all of this feeds into the prospect, the policy makers really pulled do whatever it takes to save the euro. that is what we just said a few minutes ago, going into this eurogroup meeting. it is also what the head of the european central bank has said. we will do whatever we have to to get out of this crisis. that is why we are not seeing any panic, but does not mean it will not come if there is a turn of events. >> for more on the negotiations today i enjoyed my the -- by i am joined by a parliament representative. >> since yesterday morning immediately after the referendum with the resignation of the finance minister. the creditors were using him as a protector for not finding the solution and going on with the negotiations. there was another meeting when they called on the leaders of the political oppositio

you can go to a traditional bank, a credit union, an online bank. it is important to look around and see where you can find the best rates and what kind of product will give you this type of return that you want as well. how long you want your money tied up and when you do the math, it could make a big difference. the average rate on a savings account right now is .1%, but you might find one that is 1%. >> you mentioned money market accounts, what are some of the other options out there? >> high yield savings accounts, a money market account. you could look at a money fund, you need to search around and look at the type of product right for you. again, you're going to tie up that principal for a year on three years or five years depending on when that cd matures. you have to figure out what is best and what is safest for you. i like nerd wallet because you can put it in, put in your zip code, decide if you want an online bank or zip code, and with many of the banks you can be anywhere in the country and use them. money rates is great as well. they h

rest of europe would have to essentially spend more money to ensure there was better fiscal union, better bankingthat would be costly. there is a geopolitical cost associated with kicking greece at the euro, which themselves are uncertain. there are lots of issues that complicate the decision by the europeans and why we still think there is a likelihood in the next few days you will get an agreement. rishaad: the point is, and i spoke about this, that he did not see much of a gap between the two side. what he did say, and this is something that cannot be addressed in one meeting, was the ultimate and complete breakdown in trust. how do you feel about that? case that clearly the the process of negotiation year an been -- here has been extremely debilitating one at the personal level for the leaders involved. in particular, the decision to go to a referendum went from the standpoint of the europeans, we thought we are nearly at an agreement. just a few more inches and we will be together in the same place, to call the , and they catch a backhand from the greeks which is damaged the ability of the e

but it's better than the decision by the european union central bank that have recess that ited throughoutresonatedthroughout eurozone. some business analysts say a so-called grexit won't be too damaging to the economy here. >> short term, i don't think the impact will be too heavy. there have been five years now for business community to prepare for that. so many companies have already shielded themselves against the grexit. longer term they may be able to think about investing in greece again. >> if there is a bailout guaranteed by german money the burden will fall heavily on affluent cities like frankfurt. more taxes collected here than any other german city. >> reporter: discussions >> translator: discussions are so negative. we're just not like that. >> i think it's not the solution to give billions more euros but we need to restructure the debts. otherwise the greeks will face the same problems in 2018 and they will be in the same situation again. >> reporter: french and german cooperation, restructuring the eurozone may not be so easily done. dominic kane, al jazeera frankfurt. >> iran's supreme leade

flal law enforcement source familiar with the investigation tells nbc news that a man entered the union bankegan acting in a volatile manner. sources say one suspect is dead. his body is outside the bank and there is a suspicious device next to his body. the bomb squad has been called in, and people are being kept away tromthat area until they can investigate that suspicious device. police don't know whether there are more suspects in that area. we will continue to monitor that situation and bring you the latest developments when we have more information. i heard you lost a close one today. look, jamie, maybe we weren't the lowest rate this time. but when you show people their progressive direct rate and our competitors' rates you can't win them all. the important part is, you helped them save. thanks, flo. okay, let's go get you an ice cream cone, champ. with sprinkles? sprinkles are for winners. i understand. leave early go roam sleep in sleep out star gaze dream big wander more care less beat sunrise chase sunset do it all. on us. get your first month's payment plus five years wear and te

>> they wouldn't want a full fiscal union but a full banking union in germany's interest that europe-wideinance union is in place, without a formal institutional setup without parliamentary backing and the like. so i think the german public could be convinced that short of a full cal union we do need an institutional strengthening of the eurozone. >> thank you for getting your thoughts on this founder and director of the global policy institute joining us live from berlin. >>> well in other developments in the greek capital athens, the greek prime minister has just announced some changes in his government. mohammed jamjun joins me. mohammed what has the prime minister said taken place? >> well, maryam, what we know is that ten members of the cabinet have been changed included are three, minister of energy, minister of labor and the alternate minister of finance she resigned the other day and has been replaced. this certainly has not come as any surprise. prime minister tsipras has made it clear in order to govern correctly and make sure those in his party from whom he faced rebel beyond,

phil: she is part of one of the best-known union banks that exist. o'malley uses the bank itself. one of the interesting things on this that i figured out is it really is all about relationships between the bank and the compliance people. the campaigns lock in these compliance people to handle the is an teen mays that is -- the byzantine maze. that has created this massive republican pipeline between all of these big campaigns, all these big congressional campaigns and the small blank -- and the small bank in mclean virginia. tom: -- brendan: phil mattingly is excited about the new james bond movie, but not as excited as vonnie quinn. coming up simple economics of bull markets. that is the subject of today's single best chart. ♪ tom: good morning everyone. we want to keep you up-to-date with what is going on on wall street. brian white is apple optimistic saying stay the course with apple. china is ablaze. he loves the growth. we just heard that that is the story. brendan: goes back to what we heard from julian emanuel, that a lot other companies wou

union. greek banks and stock exchange are closed for a fifth day. >>> your fourth of july barbecue could get more ex-pensive. burgers is going up. lettuce got more expensive. up 6%. ice cream prices are up a bit and same for beer. chicken and cheese got cheaper. >> cheese prices are down. >> i'm not a cheeseburger person. hamburger is cheaper. bacon prices are down 18%. >>> something going up. netflix got more expenseive in chicago. residents pay an extra 9% tax to use streaming services like netflix and spotify. the city amended the tax code to include online gaming and television. the city expects to generate $12 million a year for the tax. they are using a tax that exists. amusement tax. they are extrapolating that to this tax. is it creative? >> they need it. >> they need more money than that. >>> "early start" continues right now. fourth of july terror concerns across the country. security enhanced as false alarms create high anxiety on the streets. >>> stunning details on the new york prison break. the slain prison killer writing his daughter a letter. what he promised her ahead. >>> b

greek people are deciding whether to accept the outlines of the agreement by the european union, european central bankimf. it is made up of two parts which constitute the unified proposal. to working documents of puppy -- two working documents accompanied the documents. greek creditors made proposals last week and it is on these terms that the greece will vote. alexis tsipras's government has urged the electorate to vote no. it would put athens in a place to negotiate. a yes would probably mean the end to his government. the eurogroup dealing with problems. in the shorter term, greek banks are deprived of liquidity. without the help of the european central bank, would most likely go bankrupt. anchor: we can speak to a senior lecturer of politics joining us from london. thank you for speaking to us. can i start by asking you for your opinion? this referendum on sunday, is this a stroke of genius or a demonstration of stupidity and a poor sense of judgment? guest: i think it is a complete disaster for two reasons. there is no certainty that if the outcome is what mr. tsipras wants it to be, the outside

union. the banks were closed not sure if they will have enough money when they do. >> injure rasic world --urassic world number 2. mag can mike and terminator was a disappointment. terminator 38 million and mag can like 12 million. >> they are made from garbage that is recycled. you can buy them or a version of them later this year. >> 19 minutes after the hour. a crash land as witnesses describe the horror. >> he saw it and he almost fell back trying to get out of the way. >> that could have been a whole lot worse. we will tell you more. >> i just want a bicycle. >> why are you yelling at me. >> whatever. make me a bicycle, pal. >> the great wedding debate is heating up as the blogger says it is shellfish not allowed at weddings. is it is that a reasonable request or over the line? >> david sweat is back behind bars and under a watchful eye. the prisoner who led police on a 3 week manhunt in up state new york moved from a hospital to maximum security. sweat will spend 23 hours a day alone in a nail cell and will reportedly be under suicide watch. >> a photo shows panic on the streets of lo

single currency where you have to look after each other said that and you have a physical union and the bankingnion antisocial union. that's one view or whether you have to do the single currency as strict rules and can't deal with these things. in our interest for the eurozone to resolve these issues we are not involved in the debate directly because we are not in the euro but we do need them and were not going to join the euro. but they need to resolve these issues and the need to resolve them quite fast. >> it's important that deal is sustainable. it's interesting to the prime minister is the about a measure of debt relief has been necessary. does he agree to with president putin waiting in the wings this is about more than just economics. it's got wider geopolitical significance. what is his view about that? >> i think the right honorable lady is right. greece is a member of the european union as well as a member of the euro. it is a friend and ally of britain, nato member, trading partners. it is not for britain to bailout eurozone countries and we wouldn't do that but as a member of the e

union. earlier, greek banks opened but limits on cash withdrawals remain. >>> election to the successor of sepp take place until next year, fifa announced the date as february 26th. the news was overshadowed by an extraordinary incident at blatter's press conference. >> the route of all problems has been money. and a start visual representation of the corruption years. a shaken blatter left the auditorium while the mess is cleared but the mess his organization is in will take longer to clear up. the protestor was taken away by security. but blatter announced why he was stepping down on june 2. >> i had to do something special and i did it in footballing terms i kicked the ball out of the field to stop something. and this is what i did on the sec2nd of june when i say i well put my date at disposal. i put my mandate at disposal. i still stand as the elected president. >> the executive committee set a date to elect a new president on february 26th. michelle plueni, is the clear favorite. to make sure he removes the risk of him standing. >> he will consider his position in the near future and i'm

. >> western union is closed banks closed what do you do? >> right now you ask around who is going to greece friend or relative. you go to the bank here you give dollars, they give euros, you give it to your friend, give it to my mother sister somebody. >> reporter: he has been a fixture in this neighbourhood. the opener said some greeks saw the cruise sis coming and opened foreign bank acts. >> the lucky one, people in greece had another debit card. whatever lent is not greek -- account is not greek, there's no limitation. >> greeks voted no to reject deals, the country is deeply divided over how to clean up the financial mess and build a relationship with the rest of europe. >> greeks belong in europe no doubt about that >>> this sociology professor says it's time for greece to stand up for itself. >> be feel european. we want the other people of europe to realise that. >>> chinese financial markets are in free fall with losses getting worse. as wednesday training got under way, 500 firms halted trading on the markets, almost 200 more had,

banking bonds. with $100 billion assets we have $270 billion of liabilities only with the support and good will of the european union and european central bank we can recover some of these deposits. this no vote will create animosity, and i hope that they'll consider not to destroy the hard-working middle class. we need to look at ourselves in the mirror and put the blame on ourselves rather than put the blame on everyone else but ourselves. they realize that even though they have improvements in pensions pensions stand ten hours in line to get their pensions or money from their atm. things for the greek have turned to the worse within the last week. without friendly relations with europe we cannot move on the way we deserve to move on. >> the saudi led coalition has launched more airstrikes in sanaa and fighting across the country between the rebels and government troops have left a dire situation for civilians. >> you they said that her house was destroyed in northwest yemen. she escaped to the capital of sana and is living in a. school with several other families. >> there is a war so we did the best we can. we w

single currency where you have to look after each other said that and you have a physical union and the banking union antisocial union. that's one view or whether you have to do the single currency as strict rules and can't deal with these things. in our interest for the eurozone to resolve these issues we are not involved in the debate directly because we are not in the euro but we do need them and were not going to join the euro. but they need to resolve these issues and the need to resolve them quite fast. >> it's important that deal is sustainable. it's interesting to the prime minister is the about a measure of debt relief has been necessary. does he agree to with president putin waiting in the wings this is about more than just economics. it's got wider geopolitical significance. what is his view about that? >> i think the right honorable lady is right. greece is a member of the european union as well as a member of the euro. it is a friend and ally of britain, nato member, trading partners. it is not for britain to bailout eurozone countries and we wouldn't do that but as a member of the

will be to -- the rest of the union and increase the credibility of the rest of the union to continue completing the banking with a single -- to avoid -- in another country. discussing more economic policy maybe a fiscal union, maybe reform the -- manus: does any of this give any strength to cameron's position? philippe: to reform the european union, we will have to accept we have a two speed europe. some countries will not jerome -- will not join the euro. we have to deal with this and build institutions for the your area -- eurarea. manus: here is a look at what else is on our radar. barclays has a departure of antony jenkins. michael said after reflecting on the issue, it became clear that a new set of skills was required. in the meantime, john mcfarlane will become chief executive. china's benchmark share index seeneeing its biggest index share. the shanghai composition slump was around 30% since june. state owned businesses have been banned from cutting their stakes in their listed entities. george osborne will deliver the first conservative budget in almost 20 years. the need for more austerity will d

years what you've seen is it's hard to manage the crises if you don't have a fiscal union and you don't have a bankingpolitical union. on other two fronts they haven't made any progress. 18 countries have to come together for the bailout for greece. it's difficult to manage these crises and either on the one hand they let greece exit, a challenge for greece in the future or if they somehow do something overwhelming to keep greece in they signal to other countries that, well, if you have a referendum you can get easier terms. they're between a rock and a hard place. >> how much do you worry about putin being a shadowy white knight? >> i worry a lot about that. you saw the russians all over greece. a lot of people in greece sympathetic to the russian view of the world. even if greece leaves the eurozone it will still be a member of the european union and it would be nice, i'm sure, for the krem rin to have a voice as well as nato. >> you don't see it as an out and out slow motion annexation. you would think more about having some of your people on the inside? >> much more valuable to russia to have gree

banks. to support the true intentions of the government to have negotiation with european union that this isgoing to bring hope to the greeks. >> of course, there is a huge provider there as everyone will notice. five months of negotiations have failed. further failure now would be disastrous for the banks. >> future failure would be disastrous not only for the banks, for greece, of course, the european union. so i believe that the european they'll have to consider, they'll have to analyze the result of the greek people's vote and it will have to think twice in order to give a fair solution to the greek people as well as the other european people. >> they have a very good connection with the people who they're discussing. the negotiator will be familiar faces, and of course i respect i strongly believe that the academic positions that it was suggested to the euro group if our if they're supported i believe we're going to have a really good result very soon. >> i have to cut you off there. thank you very much. that's the latest from the greek capital, lauren. >> thank you very much, indeed. n

greece has received some loan money but using it to repay loans of the imf and central union bank.that money goes. and turkey at least 28 dead and 100 injured. no immediate claim of responsibility. however a turkish if i believe says there's evidence of a suicide bombing and suspects isis was behind it. check that big board. i'm going to call it pretty much flat. we are down only a fraction. 13 points lower. but amazon hitting another lifetime high. yes, it is indeed closing in on $500 a share. ebay spins off paypal, and we have paypal a clear-cut winner of 5% gain there. new highs for big names that you know all over again. seems like last week. nike and disney new highs there as well. the other side of the of the coin is gold. right now it is down 27.60 at 1,104 and the movements in the dollar account for that loss of gold today. let's get to it. donald trump. he says he's not sorry and will not withdrawal from the race over remarks he made about john mccain. listen to what he said. >> he's ain't war hero. >> he's not. >> five years. >> he was a war hero because he was captured.

how modest the rate for relief is there's an open door to work with them because they these banks and credit unions. >> call and mark mark and then we would get to you. could we get a microphone appear please? spent before you ask him remember i did say nice things about you. >> absolutely this is going to be helpful. first i want to address the question that was asked about what metlife and others to want to be committed to invite us all be benefiting too big to fail is negative or at a low rate because the debt markets perceive it as such. go to the example of jpmorgan where about 40% about about 40% of the cheapest long-term debt versus metlife rep up 5% is long-term debt institutions like the enzi, there's really not a too big to fail to finish. we run the risk we are encouraging metlife to become more leveraged my question for you is other than revealing title ii what would you duty to end too big to fail? >> i think you can make the case after with a capital agree standards were insufficient argument think you can make an intellectual case that they're insufficiently complex. and so i think t

are losing so many banks and credit unions, he said no. are going to go 100% and take a look at it. that is a bad policy. he stated that the community banks should not face this group knee of the same banks -- scrutiny of the same banks. i agree. that youou say in 2014 said i had community banks in my office yesterday and i heard today from kim and asking me, what do i do? we say the right thing, but what do we do? they are fearful of things that can happen and what they may not be. what would you tell these people? we talk a good game, but we do not come through. janet yellen: we are trying to make clear our supervisory expectations and we are careful with them to know what rules and regulations apply and how and what don't and to try to shield them from many of the things that larger banks have two deal with. >> the time of the gentleman has expired. the chair now recognizes the gentleman from maine. >> thank you. i appreciate it very much. everybody wants the same thing. we want more jobs. we want higher-paying jobs. i'm a business owne

. >> western unions are closed. banks are closed. >> right now you ask around, who is going to greece. a friend relative, whatever, you go to the bank here, you give dollars they give euros. you give it to your friends. they take it and give it to my mother my sister. whatever. >> a fixture in this neighborhood for decades. owner diana said some greeks saw the crisis coming and opened foreign banks accounts. >> the lucky ones have another debit account for their accounts. >> not everyone is so lucky. and while greeks overwhelmingly voted no, the country remains deeply divided of how to clean up its financial mess and how to build a new relationship with the rest of europe. >> greeks are very ancient people. they belong in europe. there is no doubt about that. >> queens coming sociology professional said its time for greece to stand up for themselves. >> we want other people in europe to realize that. >> people in in astoria told me that people who head home will be bringing bundles of cash with them as well. they told me

another bailout. 61% no vote has left the bankrupt country's future and the european union and it euro uncertain. banks still closed with cash withdrawal limits. leaders of the euro zone will meade tomorrow to discuss the financial crisis, and what to do next. >> south carolina lawmakers meeting how they'll bring down the confederate flag that's flown over the state house for more than 50 years. rallies called for the removal of the battle flag for weeks. the flag has been under scrutiny since last month's deadly shooting, at a charleston african-american church bills already calling for the flag's removal but the bills lack specifics right now. happening today, philadelphia mayor mike nutter heads to mexico he'll meet with political business cultural leaders during three day trip. mayor hopes to strengthen ties between philadelphia and mexico during his visit. >> pope francis continues his south american tour, heading to the coast for mass spa zero that's expected to draw more than a million people. later this week pope francis will visit bolivia and paraguay. he's expected to skip his home country of

why european union, european central bank, various powers that be, germans, are taking this hard-line now. they know you will look at billions of euros bailouts if everyone else in the southern tier, italy, spain, portugal sees that the greeks are getting completely bailed out without any responsibilities. they will start demanding the same thing. liz: doesn't it amaze you. we had former prime minister. they took the hit. ireland is back on its two feet. the same prime minister, basically said, this was his quote. these guys in greece are acting like juveniles, like juveniles. how long does tsipras remain in control? >> doesn't sound like he will remain in power much longer if it goes to the yes he vote if it stays some kind of form in the eurozone or dollar like, or full membership. if he loses then i think his days would be short in office. liz: jim roberts, heritage foundation, thank you so much. we appreciate it. adam: closer to home a big hurdle for puerto rico's debt problem for now. one big borrower, the electric power authority, will make 416 million-dollar payment to creditor

so is there some blame here on the part of the imf, the european union, the european central bank? >> plenty of blame that goes back to the inclusion of greece in the whole experiment the whole european experiment. if you really want to talk about blame. yes, there is blame there, and have to remember what's going on politically in the other nations inside europe inside germany or inside france, they want to see their money repaid at least in france in particular they're having their own hard times. if you are asking people if you're giving people money, what might be perceived as free you want to pay back politically inside germany and france. lou: is this a moment of reckoning in your judgment, dennis for the eu? the eurozone is in difficult, defendant times. its economy is not performing. the promise of the vaunted eu is a power and the euro as a currency, it is taking the hammer. >> you see the euro about $1.11 today. i'm going to take a contrarian view, lou, i don't view it as a moment of reckoning as we want to cover it as summit we've been having the discussions about greece

instead, greece will decide on future actions in consultations with the european union the imf, and the world bankare awaiting the outcome of the referendum. i await this process because it will be extremely difficult and difficult to get it on the right track again. any politician suggesting a no vote means of that avoiding difficult measures will be lying to his people. ben: besides the greek state the banks are running out of money. there is approximately only one billion euros left. the greek banking association says that is just enough to last until the planned reopening of banks on tuesday which occurs after the referendum, a referendum that they say will also decide greece's position within the eurozone. ironic that greece wants to move to a cash economy and business operators and regular citizens will be an a tricky position. consumers won't have credit cards being a widely accepted anymore. it is a problem that affects all signs. >> a national hub for groceries. grocery chains stock appear. this man has worked here is a wholesaler for many years, but he has never seen anything like this.

it feels to me that community bank and credit unions who have born the risk have been highly responsible. we're looking to encourage them. i'm pleased to see that the community banks' share of mortgage lending seems to be on the increase. that's good for america i think. >> it seems to me, and i agree with much of what you said but it seems on the portfolio lending component, there's something different than stopping it at $2 billion or whatever and people going whole slog into it at certain levels. there ought to be some -- >> maybe. >> there ought to be something that's different than that stark line. i think we ought to try to explore that together. on manufactured housing, look i live in a state where we have a lot of people that will have difficulty affording housing. senator brown lives in a state where there are a lot of people that will have difficulty affording housing. many of us -- i know senator cotton does -- no offense. but the fact is that for some of the lower income citizens that we represent manufactured housing is an outlet. senator brown and i sponsored legislation in

instead, greece will decide on future actions in consultations with the european union the imf, and the world bank>> we are awaiting the outcome of the referendum. i await this process because it will be extremely difficult and difficult to get it on the right track again. any politician suggesting a no vote means of that avoiding difficult measures will be lying to his people. ben: besides the greek state the banks are running out of money. there is approximately only one billion euros left. the greek banking association says that is just enough to last until the planned reopening of banks on tuesday which occurs after the referendum, a referendum that they say will also decide greece's position within the eurozone. ironic that greece wants to move to a cash economy and business operators and regular citizens will be an a tricky position. consumers won't have credit cards being a widely accepted anymore. it is a problem that affects all signs. >> a national hub for groceries. grocery chains stock appear. this man has worked here is a wholesaler for many years, but he has never seen anything like