Plus a store owner that leaves his cash registers open because he is sick of being robbed. A iconic part of chinatown restored, why these colorful decorations could make the neighborhood safer. From kpix 5, this is the late news. We will get to all of thos stories in a minute. First mor than 100 San Francisco firefighters stopped a fire from doing more damage. This wa the scene when the flames first started. The apartment complex a Hardware Store and a shed were all damaged but right now no word on how or where th fire started. The good news is that nobody actually got hurt. This is a great example to be prepared. Make sure you always have working smoke alarms. Even though the fire is mostly out, firefighters could be there into the morning dousing any hotspots. The red cross is also offering help to anybody that may need it. Oakland residents are saying they are at their breaking point. This Afternoon Police responded to two deadly shootings, a man was shot to death along the Martin L
Now at 11, one woman is at her breaking point. Plus a store owner that leaves his cash registers open because he is sick of being robbed. A iconic part of chinatown restored, why these colorful decorations could make the neighborhood safer. From kpix 5, this is the late news. We will get to all of thos stories in a minute. First mor than 100 San Francisco firefighters stopped a fire from doing more damage. This wa the scene when the flames first started. The apartment complex a Hardware Store and a shed were all damaged but right now no word on how or where th fire started. The good news is that nobody actually got hurt. This is a great example to be prepared. Make sure you always have working smoke alarms. Even though the fire is mostly out, firefighters could be there into the morning dousing any hotspots. The red cross is also offering help to anybody that may need it. Oakland residents are saying they are at their breaking point. This Afternoon Police responded to two deadly shooti
, we speak with the vicechairman of blackrock, the worlds biggest money manager, which handles more than 5 trillion in assets. After the financial crisis, what have we learned . Philipp we have too much had too much leverage in the system without any doubt. When you have too much leverage, bad things happen. Not only do they happen, but when they happen, things tend to be amplified. Thats the key thing. We have also learned that this notion of letting the market be totally free, that governments should get out of the way, that wasnt a good idea. What stands out is banks needed much more capital than they had at the time. We had capital levels that were excessively low. In some cases, these banks were leveraged nearly 100 times. That, to me, has always been the key takeaway. In some ways, i wish we had focused more on the capital issue, and less on all of the other things that have made it into the Regulatory Reform realm. Francine is there a concern now of regulating the financial cris
To be white is tobe a striver. We are on storm watch as the snow returns to colorado. Mobile weather lab found it coming down on vail pass right now. The moisture is moving towards the metro area. Lets get to our meteorologist, now, this one might effect the morning commute . It will for the denver area. Now, most of the rain is off to the west. Some of it moving in the foothills. Here in denver it has not hit us yet. Come our direction. Zoom on in into the denver area north of town heading towards boulder there is rain all of the way up into the Red Feather Lakes area. South of denver you can see near colorado springs, colorado city, close to the areas near lahunta, scattered showers, not filling in too much. Off to the west from moveet county down in mesa county. A little more action on out there way where we had rain in had lower elevations. Now, exciting to see that. Take a look at our future cast. More snow developing in the mountain areas, picking up more. Here in den verbimidnig
Again. Theres anger tonight over another israeli air strike outside yet another United Nations school in gaza. Ten people were killed, the u. S. Secretarygeneral calls it a criminal act. About 3,000 people have taken shelter at the school in rafah. The Israeli Military defends the strike. Army spokesman peter learner told al jazeera that israels forces were not targetting the school. We are targetting terrorists moving from one place to another. Perhaps they had explosives causing the damage. We struck the terrorists. This is the situation, we do not intentionally strike u. N. Facilities, we dont do that. The air strike injured more than 30 people. A spokesman for hamas said the attack was a breach of international law. We consider the continuation of the crimes and massacres against civilians such as that this happened to be a real war crime. The state Department Said the United States is appalled by todays disgraceful shelling and israel must do more to meet its own standard and avoi