That hungry Investment Advisers are luring our nations veterans away from government retirement plans putting them into broker operated iras that carry higher fees. Rich edson on the story hes been following and working on for several days. Reporter cheryl, it begins with a striking statistic. Within the first year of leaving government jobs, Officials Say 45 of federal employees transfer out all the money they have in government retirement investment accounts striking because the federal Retirement Savings plan is known as incredible value. Government guarantees the investment in government securities and fees are much lower than private competitors, that has analysts asking why nearly half the federal workers leaving jobs are passing on such a solid investment deal . Former Government Employee and director of government Pension Center john turner says private investment firms are luring veteran retirees away from Government Funds which he says is a bad idea. You would be paying a lot
Reporter this all started at San Francisco at market and castro. Police stole that Newspaper Delivery truck at about 3 40 this morning this is a high speed chase with the stolen truck veering off the road Near Railroad tracks, speeding through stop signs on city streets and maneuvering past vehicles on the freeway. At one point, the passenger seemed to be smoking as he watched traffic whiz by. This all started early this morning. San Francisco Police say two men stole the San Francisco chronicle truck. The driver was not harmed. At castro and market early in the morning making a delivery, at that time the suspects basically jumped into the van and took off. Reporter just before 9 00, San Francisco Police Chased the stolen truck all the way down to the san mateo bridge and thats where california Highway Patrol took over on the 880 freeway. You can see as he veers through traffic, nearly clipping this vehicle. In hayward the driver swerves into the oncoming traffic lanes. In san leandro
Suggest harbaughs short comings. Candidates must be able to mentor players and coaches. They have good command of the game of football. That is what youre looking for moving forward is an individual that can do those things. Also, he helped what he called choir boy players. Using ray mcdonald as an example. One fan thought the niners took too long to part with harbaugh. She was an mazing worker and made the company a lot of money. They got rid of her because of that fact. She was a cancer in the room. That is what happened in july, and that is what happened last season. In santa clara abc news. The ink on the contract is drying as we speak. If you offered me that deal, id sign it too. And the city of an arbor is excited. Jed york started to search for a new head coach. The team is close to reaching a super bowl. If they wanted continuity theyd consider hiring vick vanggio i would like to see vick fangio here. And i understand that is the very thing that we have. We dont want to lose th
Michigan tonight. Niners fans drown their sorrows in the bay ea. Coach harbaughis gone and apparently there is no placement in sight. Yesterday, they gave him the game ball. The players like him, fans loved him. Why didnt the front office . David louie is live in santa clara with canses to the question. David . The niners today said they nt next head coach to represent e team with class and be a great teacher. We oo we expect to win the super bowl every year. Fans remain puzzled what else led to his departure. Being a fan, the success harbaugh brought to the 49ers, i dont understand why this is going on. We may never find out because of a cone of silence i dont think its fair to jim to reveal the conversations he and i have had behind closed doors that we said are going to stay behind closed doors however if the criteria for a new coach that seems to suggest harbaughs short comings. Candidates must be able to mentor players and coaches. They have good command of the game of football. T
Lots of green. We are doing good on 101, 280, all the major freeways so far. We are off to a good start. It is 4 30. Lets go back to the desk. Thank you, sal. One person was hurt in a fire on edenboro avenue. One person was taken to hospital, but we dont know the extent of the injuries. The red cross was called in to help two people displaced. Investigators are looking into the cause of the fire. A man suspected of sexual assaulting a 10yearold boy is in jail this morning in dublin. He was taken into custody on tuesday in fremont. The Boy Tells Police be raja approached him on january 27th as he was walking on 98th avenue in east oakland around 3 00 in the afternoon. That is when the boy said baraha lured him to a nearby area and assaulted him. A volunteer cub scout metic is facing pornography charges. 45yearold james braeasily was arrested last week. He has a paramedic license and was also a den leader for the cup scouts. There is no indication any scouts were involved in the case. A