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Its a closed session . Its Public Comment, not public question and answer. Its on the agenda. That is a poor excuse. Im sorry about that. And then i really think you should be doing foundation and proposals to incorporate mexico to be part of the united states, so you wont be pitting us against each other. Thank you very much. Because what you are doing with your federal laws that you are talking about. We can only comment on the you can only comment on the closed session. Thank you for being here today. Are there any other members of the public who would like to provide Public Comment at this time on the closed session . Seeing none, Public Comment is closed. [ gavel ] colleagues can we go into closed session without objection . Without objection, the board will go into closed [ inaudible okay. Colleagues, the board too ....
Are there any corrections to the minutes . Hearing none or seeing none, all those in favor of the minutes please say aye. The minutes have been approved unanimously. Thank you, commissioners, item 3 is the directors report. Good afternoon, commissioners. Yes, please. Were so happy to announce that San FranciscoGeneral Hospital and Trauma Center has officially been licensed and is ready to receive patients. We want to thank all of the people who worked so hard to make this historic mile stoeb possible. I know our ceo is in the audience and just want to let her know how lucky she is to move into a brand new hospital this weekend and i know she will be working hard along with many. Also, just to let you know, we have have 24 7 it teams ready to support the new hospital. They will be on call for a whole week and then of cou ....
Relatively armslength am a in other words, syria doesnt turn into afghanistan, a decadelong occupation where they are fighting directly on the ground against the enemy, and as long as that enemy is not been supported by another superpower like the United States, i dont think the russians will go broke in syria. I think the editorial piece that was referenced earlier is probably right, putin will get some version of what he wants in syria. Cleverhink its a pretty approach. When hes basically doing is throwing a gotland down and saying, look, we have something positive throwing the gotland ntlet down and saying, look, we have something you want. Host here is a tweet. From zechariah, allentown, pennsylvania, good morning to you. Caller i have a simple question. Something am having difficulty understanding. We have a way to control sad and his military have had difficulty controlling isis. How are they going to control a nation . The b ....
Stability. Bonds and treasuries both fell on her comments. Chief washington correspondent peter cook is standing by with more of this story. Peter she was speaking at a conference alongside christine lagarde. Imf managing director christine lagarde. The big focus of the conversation was on regulation but at one point, the guard asked chair janet yellen about asset bubbles and janet yellen responded by depending the low rates as necessary to spur the economy, but it allows lowrate environment can incentivize investors to reach for yield and that could pose a risk to stability that bears watching. Then she added this comment. Chair yellen i guess i would highlight the equity market valuations at this point are quite high. They are not so high when you compare the returns under goodies to the returns on safe assets like bonds. Which are potential dangers there. Peter she went on to say she was worried about the possibility of a sharp jump in longterm rates. She said her assessments are mo ....
Meaning they were moving from the midwest and the south. They are placing it with a bout of activity along route 128 in the boston area as well. A lot of automotive presence in that area. Guest one of the things that killed kodak was a Great Technology company that all the work that was happening with digital i think thats exciting. We know him well if you believed in connection and a it is a part of it and they are now in the mobility business. And mobility as we said before his opportunity. And it is a big part of our future and it is now dependent on Wireless Networks and other devices by which we control Data Information so you want to be where the innovators are in the field. So it is a big change and people would work differently. I hope we can get the national will to have the conversation to make this opti ....