This hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening our Housing Finance system. The secretary of the treasury and secretary of housing and urban development, both of whom have submitted reform proposals to the president , as well as the director of the federal Housing Finance agency who serves as the regulator conservator of freddie mae and fanny fannie mae and freddie mac. It marks 11 years since the government bailed out and put those where they remain today. Prior to 2008 the Government Sponsored Enterprises held . 45 in capital for every 100 in capital for every 100 in mortgages guaranteed. Now they hold just . 19 after a 200 bailout from taxpayers. 11 years later these systemically Important Companies continue to be too big to fail and are more leverage than they were before the financial crisis. Taxpayers inevitably remain on the hook for the next market downturn. In march pres. Trump signed a memoran
Partners, they are impatient about getting some of their capital back from the general partners . Are there vehicles to get around that that you might be involved in . Paul there definitely are vehicles. Lets unpack what the problem is. If you have private equity firms who have bought assets in katie i m Katie Greifeld and the low Interest Rate environment and now rates are at meaningfully higher, there is a reluctance to sell those assets welcome to bloomberg markets. In a period where they a lot of good news on the screen underwrote it at one multiple behind me. And now they are looking at selling it in a different multiple. S p 500 on an alltime high of one of the great things about about. 4 . Private equity firms if they are the same story if you look at exquisite in controlling the exits. Big tech higher to the tune of what were seeing is what they sense as rates have crested, about point 4 . They have yet to come down. It will not be until rates start you can see the 10year gilts
For rates gear up decisions. 2 very anna very good morning, everybody. Dubai. S in we need to talk about what is going on in the markets, about bit going, and lets talk about the asian session. We had the msci asiapacific session up. Volumes on the nikkei and kospi, 20 lower than you might have expected on a regular day of trading. 20 lower than the 30 day average. The fed meets this week and a hike is expected. We have centralbank meetings. We have a better than estimated jobs number out on monday with the Unemployment Rate holding at a 17 year low any tax conversation as well. The dollar down by. 1 . A spot price. Is the futures started trading in chicago last night. Futures began trading and at one point they were up by 20 . We have a number triggered by the volatility we have seen in this cryptocurrency. Than 1500 this year. Substantial volatility. We will talk about whether this is an asset people should be getting involved with. Up. 8 . Zealand dollar they have named a new govern
Good morning, everyone, and welcome to the board of supervisors naipbd services and safety committee. This is our regular meeting of thursday, november 6. My name is david campos, chair of the committee, supervisor eric mar is en route. Clerk of the committee is Derrick Evans and we want to thank Jessie Larson and jim smith. Mr. Clerk, do we have any announcements. Thank you, mr. Chair. Please make sure to silence all cell phones and electronic devices. inaudible board of supervisors agenda unless otherwise stated. Great, thank you. The first item is a Liquor License and id like to begin by asking the applicant on this item, if you can call the first item. No. 1 is a hearing to consider issuance of a type 64 general theater license to matt shelton of the shelton theater. If i can ask the applicant to come up and make a brief statement. Thank you, supervisor, my name is matt shelton, i run a small family arts organization, weve been here in the Community Since 1961, weve provided extrao
Good morning, everyone, and welcome to the board of supervisors naipbd services and safety committee. This is our regular meeting of thursday, november 6. My name is david campos, chair of the committee, supervisor eric mar is en route. Clerk of the committee is Derrick Evans and we want to thank Jessie Larson and jim smith. Mr. Clerk, do we have any announcements. Thank you, mr. Chair. Please make sure to silence all cell phones and electronic devices. inaudible board of supervisors agenda unless otherwise stated. Great, thank you. The first item is a Liquor License and id like to begin by asking the applicant on this item, if you can call the first item. No. 1 is a hearing to consider issuance of a type 64 general theater license to matt shelton of the shelton theater. If i can ask the applicant to come up and make a brief statement. Thank you, supervisor, my name is matt shelton, i run a small family arts organization, weve been here in the Community Since 1961, weve provided extrao