Public comment will be 3 minutes. There will be an announcement in 30 seconds. Great, thank you. David williams followed by Margarita Young and david page. Good afternoon, commissioners, im david williams, president of the west bank retirees. Several months ago we offered to educate you about this issue, about our views on hedge fund investment. Im submitting 1300 signatures on petitions from sf members who are also members and retirees. There are other signatures that have been submitted so thats a significant number. The message is do not vote to invest in hedge funds. The fees are too high and the risk is too great. Also i understand there have been many emails sent to the board and i hope they have all been forwarded to all commissioners to see. Thats our expectation. I believe there may be other signatures forthcoming from other groups. And there has also been a significant response from Union Members through public comment. I believe this is a Critical Mass both in terms of numbe
Seconds. Great, thank you. David williams followed by Margarita Young and david page. Good afternoon, commissioners, im david williams, president of the west bank retirees. Several months ago we offered to educate you about this issue, about our views on hedge fund investment. Im submitting 1300 signatures on petitions from sf members who are also members and retirees. There are other signatures that have been submitted so thats a significant number. The message is do not vote to invest in hedge funds. The fees are too high and the risk is too great. Also i understand there have been many emails sent to the board and i hope they have all been forwarded to all commissioners to see. Thats our expectation. I believe there may be other signatures forthcoming from other groups. And there has also been a significant response from Union Members through public comment. I believe this is a Critical Mass both in terms of numbers and the point of view of the members. We want you to take note, we
High. 15 long hard years. And yet, what happens when we get thereafter all the struggle . I hear talk of the bubble again. Bubble 2. 0, dominated the discussion today, with the dow dropping 23 points and the nasdaq climbed,. 1 , giving you a nineday winning streak and fairing more bubblechatter. Let me say, if you are like me no harm at all to call the move a bubble. If the market implotedes you are a genius if it doesnt, who cares, you are just early. You never have to worry about being negative or being wrong. Nobody will criticize you, you will get a lot of air time when things go bad. Win win. Unless you are trying make money for people. Thats a problem. Second, in any market there are pockets of over valueation. We have witnessed in j. P. Morgan. They said, sell, its moved too much versus the peer group. They never said the palo alto plays were spebsexpensive. They felt that one got ahead of itself, and maybe it has, it stormed down 15 after the downgrade and i pointed out that te
Goggles. That stock dropped 4. 51 cents. Bank of america will pay 9. 3 billion dollar to settlement with fannie mae and freddie mac over mortgage losses and stock tumble on worries about russia as well as an options short play predicting a large down move in the s p by mid may. Stocks sold off along with gold as oil rose above 100. Lets say good morning to todd horwitz of average joe options, hello whats up angie. So tell me what happened to king digital and candy crush getting crushed in the market yesterday . We see these ipos and you look at the whole marketthey get so excited because everybodys trying to chase a place to make a quick buck. Candy crush is already crushed because it was overpriced to begin with. Unless they can come out with another game to back it right up, the stock is probably going to head a lot lower. I dont hold any hope for king digital. What do you think about gdp numbers coming out today . I think when you look at the numbers, theyre so artificially inflated
Now there are fears that what is happening in california it will now play out across the country. Welcome everybody. I am neil cavuto. And this is your world. Now you know what happened at the corner of wall and broad and wide. Amidst concerns already that cases were spiking, but i doubt reversed what had been a multihundred point oh. More than 500 points up, the nasdaq at 80 record. But now concerns that these virus spikes are nothing to dismiss whats going on in florida. Backtoback days, the roughest war news such cases we have ever seen. Lets go to jonathan who has been keeping track of them all in atlanta, georgia. California governor gavin newsom is concerned about that cases rising in a state. At the state of california ordered the immediate closure of indoor commercial activities including but not limited to restaurants, theaters, and bars. And then some of the states largest counties are going to have to have to take additional measures closing fitness centers, worship services