Media giantal disney beats Fourth Quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. Stories. R top facebook continues to struggle to read and trust over how it handles user data. That has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. To discuss, im joined by Bloomberg Technologys sarah frier and ben brody in washington. Let me start with you, sarah. You covered this story. What do we know from these documents . Reporter the documents give us this interesting internal picture in a way we really havent seen before of how these decisions are made and the difference between how they are discussed internally and how the company explains them externally. And internally, they are saying we need
The population increases, no matter what we will not send more trucks on the road than that number so the two changes to the contract were the term and the trucks. Those were the two things that were changed so next steps. The department has the authority to sign such an agreement, and once it is signed that triggers an action that then allows another appeal of ceqa which may come before you. We expect when you come back in september, and then if youre comfortable with that analysis and then we will have this contract in place by january, and all of the benefits that are part of that contract will be felt by the people of San Francisco, so in closing i want to say again as i did in the opening that the contract process has been done with the utmost integrity with the weight of the law and the rules every step of the way front and center. It is protective of the environment. It is very much a strong contract to move us towards zero waste and the most Cost Effective one we can offer rate
In and one being double than the other. What we liked about the contract thats before you and that we support is the ability to lock in a longterm rate that is low, and free us up to do what we want to do which is get to zero waste because thats the solution. We hope this is the last landfill contract we have to sign because getting to zero means nothing, no more hauling waste,ing in except putting it back in the stream and going to the green and the blue and this contract will give us the ability to do that and we fully support the department. Thank you. Next speaker please come up. Good morning mr. Farrell and committee members. My name is John Lynn Smith and outside counsel to Waste Management. Honesty i dont know where to begin. There are a lot of statements made that are contrary to the rfp issued but a couple of points i want to make. One is i sent the committee and the full board of supervisors a letter this monday outlining the process that has been conducted since 2008 with th
Us to go and sell the program to the whole city. We need jobs and a break on their energy bills and that kind of thing. You need to be able to adopt in the lower income communities such as much solar as highincome communities. So that buildout piece is important and i think we need a hearing about that either at lafco or the board. I want to chime in on public bank. That, if you look at what is happening in greece right now, it becomes really clear that the Global Private financing and Banking System is becoming so incredibly powerful that they can literally hijack a country and go against the will of over 60 of the voters in that country. Lets not forget back during when gerry ford was president and president ford basically said, sorry, so we need to be able to protect ourselves in the case that the global banks become even more powerful and even start trying to leverage San Francisco. We need to figure out a way to have a public bank available, so we can avoid the kind of thing that
Competitive rfq process to look for qualified respondents. In 2009 we did a public rfp and got two bids and one from recology and one from Waste Management. We looked at other environmental factors which came out fairly evenly but the thing that was very striking was the difference in cost which would translate to over 100 million for ratepayers over the lifetime of this contract. So recology was selected by the panel. Lawsuits were filed. Lawsuits were dismissed and over the course of the next four years the board repeatedly took a look at this contract. You held four hearings, two votes and after the hearings and the votes the board unanimously approve the process and said in fact recology was the qualified bidder for the contract. Supervisor mar. I just wanted to ask you to slow down a minute and on the environmental benefits of the recology contract my recollection is the reduction in Greenhouse Gas emissions because of the green rail but with more miles trucking from tunnel road t