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From todays apple event we start with a major selloff in the financials the biggest driver in the market with the xlf falling more than 1. 3 citi dropping 7 today under pressure that regulators could crack down on the banks Risk Management systems the stock is now down more than 12 in the past two sessions guy . Dan nathan has been talking about this for a while one of the things weve said is todays banks are much different than ten years ago theyve become utilities you have to look at them differently and you have to factor in valuations much differently. Ill say this quickly about citi right now at 45 the stock is now trading 63 of tangible book, assuming that tangible book is accurate thats levels we last saw probably in the financial crisis these are trough valuations in terms of the price of tangible book i think Warren Buffett told you everything you need to know about ....
No, not like the one that i have. Lets get to it. We had a touch weekend. This is going to happen sooner today. Were going look for the summer pattern and then had the activity in the county still, low overcast and thats very persistent. Its showing signs of getting chewed up today. We have the 40s and 50s and then santa rosa and then a little bit of fog. Low clouds out thereivy that fired up there. The system is coming dowts up to 35 miles an hour, but all signse pattern today and temperatures bumping up near average. Its been a cool april. Today is near average to that. Sal is here now, and wee will see if theres anything new going on the freeways. Its 6 02. Lets go back to the headlines. And thank you, sal. Topping the news this morning we start with the latest statistics on the coronavirus cases here in the bay area and across california. Now, John Hopkins University reports there are more than 23,000 cases in califor ....
Please duck, cover and hold as best youre able. And if we need to get out, we go out through these door, exit to the left and go out across to beck toll plaza. If thats not safe, we go to Embarcadero Plaza at the end of market street. Should we have an active shooter situation, we want to get out, hide out and take out. So with that, now having covered safety, let me outline what were going to do tonight. We envision going 30, maybe 35 minutes. Our lineup will include to my right who is Vice President of Community Wildfire safety program. Well have an update from scott strefield and our chief Customer Office will give an update about the web. So with that, im going to turn it over to samit to get us started. Thank you, keith. Thank you for joining us again t ....
Good morning today it is being called the definitive biography of brett favre. His access to favres family and inner circle. Well chat about everything from the near fatal accident and his substance things never reported on the legendary quarterback before. Thats next on the Morning Blend. . . [ music ] . . . . Great music. That music is perfect. First up today a new book about brett favre. Most packers fans will say this about the legendary quarterback he was a hero, then a betrayer, think this is for sure will ever forget him. His time with green bay we feel like we got to know him pretty well, but our next guest had to know more. Jeff pearlman is a New York Times best selling author he interviewed well over 500 people including favres family and intermost circle to write this biography called gun slinger the remarkable improbable iconic life of brett favre. Welcome to the y ....
Important topics. That is coming up in october. We have a giant delegation, both government and civil society, planning to go. If youre interested, youre all invited. Certainly lots of topics important to us will be discussed. So back to open data and the United States. I mentioned that in 2013, president obama issued an open order eo, executive order, for default information. Accompanying that was the open data policy, which we refer to as m1313 for you government nerds in the room. That directs agencies to manage information as an asset. And of course that doesnt happen overnight, right . For the last two years we have been working really hard with our agencies to move towards managing information as an asset. So i mentioned data. Gov. There is a screen shot of the data. Gov home page. 160,000 data sets across all sectors. The data. Gov site has incredible resources and is fantastic if you havent spent much time there. Another ef ....