Page 4 - Fund Proposal News Today

From our studios in new york city this is charlie rose. Charlie, the Obama Administration unveiled its or trillion dollars school 2018 budget 4 trillion fiscal 2016 budget. Here to talk about it is shaun donovan. It so much for being with us. A budget is a pathway, and architectural plan. What is the seymour message of this budget . Nobody puts it better than the president. He said at the state of the union that this is about middle us economics. Middle class economics. We are hearing from diffe...

Im bill griffeth. Tyler and sue are off tonight. Ibm with better than expected earnings with a fast growing Cloud Computing business and Security Software and despite decreasing demand for its servers and storage products, here are the numbers that came out. Adjusted earnings 5. 70 a share, topping analysts forecast by 7 cents and fell from a year ago to 24 billion. That just missed wall street forecast. Shares initially higher in late trade on the news but then turned negative on weaker than ex...

The sake of investing in making money. This is the point, it shouldnt be just to make profit. It has to be something real, something that supports this community. I support herb in the mix too. I think you have to see how this works and i will be back too to look at the individual investments, but i just have to say there is a principal in the charter that its called the precautionary principal and it mandates that we have investments that environmentally safe and positive and also in terms of h...

Investments, but i just have to say there is a principal in the charter that its called the precautionary principal and it mandates that we have investments that environmentally safe and positive and also in terms of health. We dont know what happens with these investments and where are they going and what the ethics are and after reading that business about 16 million being lost because someone was behaving and i have to say it didnt look very ethical. I wonder who you have as investors. Thank ...

Can i give us some rough data youll appreciate it. As you are developing this well get the reports during the progress so we can work with you and understand in your getting through the difficulties of both our internal and external challenges okay. Any further questions any Public Comment on the directors report i dont see any. Next item. The next item is general Public Comment. Okay. We have one general Public Comment it will be allowed for 3 minutes calling names im sorry. Hello commissioners...

Member since 1972. I do not want hedge funds as part of the portfolio. Everyone who has spoken especially the last speaker has said what i wanted to say. This business of the risk taking and adding it to other risk. There are risks in some of the other investments as well like private equity. I dont think that a pension fund is a place for that level of risk taking. The thing that really gets to me is the lack of transparency in hedge funds, and a lot of us that live here and this is reflective ...

To look at the individual investments, but i just have to say there is a principal in the charter that its called the precautionary principal and it mandates that we have investments that environmentally safe and positive and also in terms of health. We dont know what happens with these investments and where are they going and what the ethics are and after reading that business about 16 million being lost because someone was behaving and i have to say it didnt look very ethical. I wonder who you...

Just want to one more time thank the admiral for coming out and making himself available. Excellent remarks and the q a was wonderful, thank our sponsor Lockheed Martin one more time and our partner csis. We think this is a wonderful partnership, between us, the Naval Institute and csis. Thank you very much, sir. Give the commandant a hand. All this week, cspan2 has been showing washington journals recent tour of historically black colleges and universities. Today it is a look at Tuskegee Univer...

Im bill griffeth. Tyler and sue are off tonight. Ibm with better than expected earnings with a fast growing Cloud Computing business and Security Software and despite decreasing demand for its servers and storage products, here are the numbers that came out. Adjusted earnings 5. 70 a share, topping analysts forecast by 7 cents and fell from a year ago to 24 billion. That just missed wall street forecast. Shares initially higher in late trade on the news but then turned negative on weaker than ex...

Host have you talked to law makers met with them and what are you hearing from them . Guest the proposal is one that actually enjoys bipartisan support in many ways. If you remember about a year ago the chair of the house ways and Means Committee at that time dave camp put a white paper if you will that used this very same framework. And we think its a framework that can actually work. At the hearing in the house earlier this week there was some members of your party and the other party that wer...