Outside san leandro city hall. I think it says that our cities are for sale. Reporter people at last nights City Council Meeting says lee said the chinese flag would help attract investors. Today he backed away from that. Why the chinese flag . Acceptance, people of chinese ancestry. Reporter to draw in business . You know, i think thats a channel. Reporter because you said that in the past. Yes. Reporter that its to draw in business. Well, i think i said a whole bunch of things. Reporter some residents and human rights organizations are angry saying the flag represents the pain the Chinese Government has put tibetans and their own people through. Reporter any comments about human flags and american concerns about it . I welcome their freedom, thats the best comment we can have. We were kind of dismayed at fact that this was being done under the auspices of bettering economic ties with china without actually thinking about the egregious human rights abuses committed by the Chinese Gove
Facebook, yet another important Earnings Report. That stock is still about 40 below the 38 ipo price, incredibly. Wow. And the numbers are being watched closely, obviously, especially the mobility aspect. Julia boorstin will have the results with the best instant analysis, as well. She will speak with the cfo as well. On the heels of the detroit bankruptcy, Meredith Whitney is out with us, out with a dire call on municipalities. She said detroit is another of yet many big dominos to fall. Thats been a long time coming, that whole story coming. It could be the Death Penalty for allegedly ledge fund report, potential criminal charges coming imminently against the firm. This is separate now from those civil charges brought by the s. E. C. And despite the 616 million settlement for Insider Trading charges that the firm paid months ago. Former s. E. C. Head harvey pitt will be here. And past firms facing criminal charges have not done well. We want to get into the impact on s. A. C. And if