The close hour from of trading. Julie hyman is here with the latest. Julie thank you, oil. Spiking on the headlines. 32. 5 Million Barrels per day, a reduction of more than 750,000 Barrels Per Day from the august outlook of output of opec. Higher, andes are here is the price of oil, the biggest oneday surge of Oil Prices Going back to april. Analysts who follow the oil market are saying there is little suspense here. Happens inrdle november and we could get more granularity as to what the individual come countries are targeting in terms of Oil Production and Oil Production cuts. Takeaway is there is a willingness to cooperate that we have not seen in quite some time. Indeed, the eight year milestone , talking about production freezes in the interim and certainly in the recent past. It was quite unexpected. You can follow along with commentary on the bloomberg which gives you a live blog following the events in all of the commentary. Lets take a look at the groups on the move. Energy is
Demographic or socioeconomic characteristics of the people being served . First of all, and i dont know im not trying to be careful on words here, i dont know what fraud exactly. I know whats right and i know whats wrong. I dont know what the intent of all these people were. But to answer your question specifically, there was no that i understand racial or ethnicity difference other than what the communities are, because we try to have people in our banks that represent the communities. So well take racial and ethnicity off the table here. As someone who also represents a district heavily populated by seniors, im worried that wells fargo may have intentionally preyed upon those they saw as vulnerable. Do you believe seniors were purposely targeted as a result of employees stretching to meet their sales goals . In fact weve looked at because we actually capture data so we could tell that and, no, there was no disproportionate it did not in fact it was younger people, not seniors. If the
Us. Gina martin adams from wells fargo. First, first world with Caroline Hyde. Caroline thank you very much indeed, david. Yes, lets look at the stage being set at the moment for the battle between apple and the u. S. Government. Apple is refusing a federal magistrate order to help the fbi unlock the iphone from one of the shooters in the San Bernardino terrorist attacks. Apple ceo tim cook says the company has given the fbi data that is in its possession, but cooks as building a back door cook sayse but 10 buildin him cook says building a back door to retrieve the information would not be good for security for customers. President obama says the senate needs to consider his nomination for the replacement of antonin sculley on the Supreme Court. The Obama Administration had reportedly planned a vast cyber attack against iran if the dispute had led to military conflict according to the New York Times. Disablingas aimed at the power grid and communications. Global news 24 hours a day, po
Retirement board fun stuff ahead and American People exciting executive director report and very, very robust investment calendar and discuss with i hope you guys are ready hold on our seats ladies and gentlemen, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all all right. Thank you for joining you wednesday february 10th one 06 this is at regularly squealed retirement Board Meeting mr. Clerk madam clerk, any announcements . Now announcements. Roll call mr. Nolan applying is commissioner driscoll mr. Stars commissioner paskinjordan commissioner stansbury we have quorum as you can see your item number 3 mr. Clerk, call interest. All right. Public time to comment code section. Taking Public Comment on the fact we does see the closed session has a right are here well go into closed session and returning awe at 230 thank you. Mr. Rose call the next item. Item 4 a discussion item general Public Comment. Our favorites time of the day
Of the members we want to see by way of the longer it takes you to figure out this the more interest youll owe them more than rather than less down the road none of us that that is but they dont achieve a very high payout on the monthly stipend so big please consider making this wholly and he appropriate advise to make the right decisions thank you very much. Anything else wants to speak in Public Comment seeing none, Public Comment is closed. Thank you very much mr. Clerk, call item number 4 item 5 angle an action approval of the minutes 2015 special retirement Board Meeting. A motion to accept those mens. Motion by commissioner paskinjordan and seconded by commissioner stansbury all in agreement can we take this all right. Anonymous to accept the minutes. Thank you that motion carries call item 6 mr. Clerk. Thank you. Is there a motion or discussion for item 6. Ill move the consent calendar. Motion moved by commissioner meiberger and seconded by commissioner paskinjordan same house,