On the outside of the crosswalk thank you Business Owners and thank you green again Community Members it just goes to show when it comes together in collaboration part of my language we can get some shit done let us give thanks for the thousands before us who grandfathered in this intersection in giant protest and agony and sometimes in giant victory. Yeah. clapping. let us be grateful to all those before us who activeism and humankindness and public displays of queerness turned it into the mecca we recognize today so ive been asked to give a blessing ton this special night but reeldz each think of you in attendance is the blessing thank you for making this history of this intersection matter thank you for coming to this intersection to take care of yours and in times of joy and sorry lets not ever forget the history of that and ask ourselves what we are doing here in this space it promulgate our history so were going to take a little moment of time and silence in this silence i want y
As an individual and i come to several of the past meetings i was a thirty year employee thank you city and county in the madam president and worked with the Planning Commission so some of what i feel comes from any experience in unsought them in their policies deliberations and ive been surprised that about the issues that was brought up by commissioner cohen about the information its been resonated to the comments of mr. Ryan about the Decision Making and will angst i think the angst came if not having the facts in play i admire the fact that local 21 convened a Study Committee i talked with larry greven who was here earlier with the San Francisco Vice President of local 21 and said a staff person from the retirement board came and spoke and dlebd deliberated i declined i deliberated with them there ever half for and half against and according to larry combreven were answered they felt be comfortable in making the recommendations they have the problem is that information that was sha
He was one of the people that was on the road we stayed unusually close to manager we found by doing that we had a greater understanding of their integrity of their investment philosophy their investment process and frankly most of the managers enjoyed it they like clients that have a thorough understanding but we didnt make it a policy that they shall employed holding we thought to our own Due Diligence be close to them we never had a blowup of the type you see thats been around the country and in addition commissioner some of the headline blows up that youve seen like madoff thats incredibly bad Due Diligence that people involved in madoff they were producing their own statements of their own investment values not a Third Party Custodian that was providing an annual audit so basically west ridge was another one managers claimed to out perform for one hundred and 20 straight months the odds were one hundred and 90 trillion. Well but the bottom line we in our situation we did not think
Not want that to be part find our motion i understand that but unless you set the guidelines and standards and give directions i dont know how you can move forward. I have a say you taking a vote on something a blue print you havent developed speaks volumes mr. Cokeer is paid millionaires thousands of dollars a year a blue print even awning an opportunity to be invited to the table to develop that burglary print as secretary i type rfps this plan should have been presented with all your consensus in place this is a failure just the way it was prepared be to you interest it mrrlg you were the main chairperson for the o 50 o 60 million loss for a plan for a hedge fund go ahead its a 61 million loss to the fund and commissioner paskinjordan you stated on record videotape it you r that you dont invest in hedge fund yet youre here promoting the hedge fund without a blue print or plan. Bryan what can i say you had lunch are a hedge fund person and took his recommendation leon you came in wit
Experience in unsought them in their policies deliberations and ive been surprised that about the issues that was brought up by commissioner cohen about the information its been resonated to the comments of mr. Ryan about the Decision Making and will angst i think the angst came if not having the facts in play i admire the fact that local 21 convened a Study Committee i talked with larry greven who was here earlier with the San Francisco Vice President of local 21 and said a staff person from the retirement board came and spoke and dlebd deliberated i declined i deliberated with them there ever half for and half against and according to larry combreven were answered they felt be comfortable in making the recommendations they have the problem is that information that was shared to you guess a small Study Committee didnt get out there to f i u and the retirees and didnt think it got out to the broader manipulating of local 21 so definitely i think theres been a problem with information w