Deal reshaping the storied Investment Bank, Morgan Stanley Ceo James Gorman will join us in the next hour. A mega merger, increases the projection of expenses saved and the guidance which well get into, as well. Giving up control of victorias secret selling a 55 stake to siycamore and stepping down. Well start with the deal of the day. Morgan stanley agreeing to acquire etrade valued at 13 billion. 58. 74 a share three months after schwab and Td Ameritrade announced a merger deal a lot of discussion of why not robin hood an enwhat it means for the sort of the framing of their Wealth Management business, jim. It is kind of amazing about 5 million accounts, maybe more robin hood with 10 million accounts in no time they were land speed record for accounts their success is driving everything they have the millennials. They have a different orientation. They have the easiest site to use. All hand held. Theyre racking up customers i have had robin on a couple times. Theyre the biggest threat
Akwy sessiak ak akwywy situation of etrade. Will has the highlights. Hey, carl as you said, just last hour we were talking with james gorman, the ceo, and said he first got attracted to etrade back in 2002 when he was still at merrill. He said the conversations this time got real in december. Heres what he had to say about that 13 billion price tag i never worry about strategy. Im never trying to copy what somebody else is doing we have to do whats right for Morgan Stanley you have to be opportunistic, move and move quickly. We put in a very full, i think appropriately, a bid for a Great Company with an iconic brand if we tried to to do it on the cheap, that would have created turmoil. You get the job done thats what we did this is what he said about the rationale for the deal we bring in a group of technologists that i think will drive Technology Platforms even further than that weve been able to do they have Online Banking we can roll that to premium clients. We have a lot of young c
Number 1, approval of Board Meeting minutes of november 21, 2019. May i have a motion, please . Motion. Second. President cook okay. Discussion . Seeing none, roll call, miss casco. [roll call] clerk seven ayes. President cook thank you. Speaker cards for the regular agenda and for closed session are necessary if you wish to address the board of education. Members of the public are reminded that an individual can complete a speaker card prior to the item being called. Miss casco, members of the public will have two minutes to address the board and or time is set by the president. Importantly, according to board rules and procedures, the board will not accept a speaker card for items already in front of the board. Number 2, directors report. Superintendent matthews . Thank you. What proved to be a fantastic weekend for High School Sports in San Francisco. Congratulations to lowe. After a thrilling norcal final victory over sacred heart prep in which they lost the first two sets before p
President cook peace, peace, and glad youre here. This is the meeting of the San Francisco Unified School District on december 10, 2019. The meeting is now called to order. Roll call, miss casco. [roll call] clerk thank you. President cook thank you. Tonight, id like to open this meeting in honor of flo kennedy who said dont agonize, organize. Section 1, general information, accessibility for the public. Number 2 is teleconference information. There is none tonight. Section b, opening items. Number 1, approval of Board Meeting minutes of november 21, 2019. May i have a motion, please . Motion. Second. President cook okay. Discussion . Seeing none, roll call, miss casco. [roll call] clerk seven ayes. President cook thank you. Speaker cards for the regular agenda and for closed session are necessary if you wish to address the board of education. Members of the public are reminded that an individual can complete a speaker card prior to the item being called. Miss casco, members of the pub
To parklet. Many are parking or dumping related not at the parklet. So what i would say is focus on the bottom of the chart and thats representative of the type of complaint and volume of complaints we receive related to parklets. Typically they come in through 311 and can be routed properly and theres a unique identifier in the event they need to followup to see what happened. Well send out a district inspector to examine the parklet. If theres a safety issue is different than if theyre missing a no smoking sign but we someone out to take a look. In the event a staffer identifies an issue with a code or something we issue a correction notice. Thats not necessarily punitive in nature. Theres not a penalty associated. Its reaching out and communicating what the issue is and what you need to do to address it and the time frame in which we believe the issue may be addressed. The permit holder can comply for ask for an extending depending ob if they need materials to get something or waiti