Board will not take any formal action but looking forward to peoples comments and questions. Any people on the line, moderator . You have seven questions remaining. Chair borden okay, our first speaker, please. Caller hello. My name is joel kamisher, a School Crossing guard and a member of the sfciu 10 to 1 bargaining committee. We have been trying to talk about not outsourcing people to protect the city workers and im hearing that discussion about the flaggers and the pedestrian monitors. I wonder if we could use our own workforce, the parking control people and the crossing guards instead of having the contractors hire private people. I realize that the flaggers might have their own union, so maybe thats a problem. But im hoping that we can do other things to reduce the need of contract people to prevent layoffs . Thank you. Chair borden thank you, next speaker, please. You have six questions remaining. Caller hello, members of the board, my name is Hector Jimenez and im with the loc
We stock with the rally on the eve of the vote tomorrow every seconder finishing in the green. The rally after the market hand in the worst week since march. So what does todays Market Action tell us about tomorrows big vote guy, what do you say hi, mel you like my election haircut. I see. Really took it down. Really tight, nice. High and tight. Interesting. Whats it tell you today, i think a lot of people squaring up ahead of the election the vix suggests theres still a lot of concern the six vix at one point traded up to 37. 5 obviously elevated last week saw huge move from 24 to 40. It absolutely mirrors of the move of june 8 to june 11 when it went from 20 to 40 and sms went from 32. To 50 in a Straight Line so the moves are identical, i think if theres a concession speech tomorrow morning this mix of 38 probably has 28 handle theres no concession speech i think the 38 vix remains thats the way im looking at the world right now. Lets be clear, concession speech by either candidate
Expressed interest and are considering participating and then we certainly have, you know, many managers who are engaging with Portfolio Companies around climate risk but perhaps not formally through that initiative. Okay. And then my other concern is, we talked about diversity and i like what youve done in terms of the work around that. Do we use that same [indiscernible] in terms of rps and other things, do we really apply the sfers criteria for the type of diversity were looking for across the board, including [indiscernible] and other sectors . I cant fully comment on that. I guess what i can say is, you know, there is proposition 209 in place in california i know. Thats why i i know. Up to a vote, thats in november. But we do not i want to make clear that we do not ask about diversity characteristics when we send out an rfp or enter a new relationship or a new contract with an external party. Were wanting to be not running afoul of distortion . The board is engaging, we do request
Ask the public to participate remotely by writing to the board or leaving a voicemail message. For all comments received in advance of the meeting we have received and we appreciate these comments. While Technology Allows us to hold these meetings via teleconference, it may not be as seamless as it would like to be. There will be gaps in some airtime, staff at times the staff transitions between the speakers and the callers. Know that we are doing the best that we possibly can and we ask for your understanding and patience as we are all learning this new way of working together. A reminder to the Board Members to mute themselves to minimize the background noise. Board members will have to remember to unmute themselves to comment. Again, were going to ask everyone to be patient as we make these adjustments. Madam secretary, roll call, please. Clerk [roll call] we do have a quorum. President bridges . Number two, communications. Due to the covid19 Health Emergency and t due to the covid1
Battlegrounds to watch in washington, d. C. Is senate is set to vote on the confirmation of judge Amy Coney Barrett after clearing a key hurdle over the weekend. Time to make the donuts. A possible 9 billion deal topping this mornings news that is sure to get your coffee brewing. Its monday, october 26th, 2020. Youre watching Worldwide Exchange right here on cnbc good morning welcome to the show im dominic chu kicking off your monday morning with stock futures pointing towards losses right now. As you can see the implied open for the dow is roughly 308 points to the downside s p is implied lower by about 39 and the nasdaq down by 129 points if these futures holds into the opening bell for regular cash Equities Trading the major averages coming off their first down week in the last three the nasdaq taking it the hardest with more than 1 loss on that side of things on the flip side, youve got the russell 2,000 small caps continuing its run higher. Seeing third positive week in the last f