Interest Trustees News Today

The International Criminal court. 6 arrest warrants for the countrys top officials over the war in gaza. And it is the 1st day since the political powers of ukrainian liter. Vladimir zalinski officially expired as he refuses to hold elections of siding martial law in the country. The live in moscow on rachel ruble. Youre watching archie international. A. Ron has entered 5 days of morning after the countrys president and foreign minister died in a Helicopter Crash arabians have gathered for the f...

I dont know how many times ms. Jordan has recused herself as a board member. I know that supervisor avalos asked for that information a few days ago. This chronicle article referenced other allegations. I dont really have any information to verify that or speak to it. And i know that for elected officials and others, the section 1090 of the government codes requires limitations. Section 1090 would apply to a commissioner. The political reform act would require her to recuse herself if shes makin...

The supervisor said i want to get a lot of money. So do i. Thousands of city workers signed petitions saying they dont want their what the city workers think and i think thats a statement really of the problem that we have here. The city workers retirees an active city workers have a right to have a pension fund that is going to be secure and theyre very concerned that proposals to turn it into hedge funds will put their pensions in jeopardy and the fact that you have somebody who sells Pension ...

Ticking and if the board rejects it the appointee loses the seat. It understand it doesnt its counterintuitive, but thats the way the charter raze. Reads. In this case the special meeting on january 7, but that would be your last day. Now, there have a number of allegations made in terms of non compliance with ethical requirements and we heard free the retirement board, sort of their at least the executive directors view as to the question of incompatible activities. Does the City Attorneys Offi...

The connection theyre trying to make here is that wendy paskinjordan has been a barrier to the Due Diligence of the board finding out whether or not they are sitting on significant carbon risk. I would say that its up to this board here to up hold the integrity of its board through this. And theres a difference between intent and action. Theyre very separate things and although intentd is significant the action is without a doubt where the rule was broken. So when funds were traded after ms. Pas...

Particular question for ms. Jordan. I dont think this is the type of transaction that would require stepping down if a gmo contract came to the board in the future, it would require her to recuse herself. [inaudible]. I hate to predict the future based on the limited information that i have, but from what i know, the primary allegation is that ms. Jordan violated the statement of incompatible activities an we obviously will work closely with her to make sure she recuses herself in any future vot...

Spoke to the board and made some very wonderful presentations. She didnt show so i think she has a lot of explaining to do. I very much would support this motion to have her come to the board and answer these questions. Before the next speaker comes up, im going to reminds everyone this is about wendy paskinjordan so just please keep your comments related to her reappointment, but not about in general what the retirement board can or should not do. Thank you. Next speaker, please. Ive been a San...

About how risky it might be. Ive been to those meetings, i speak from experience. The world has moved forward around them and the reason to divest in momentum to do them have grown spectacularly. The reasons that i think motivate it had board of supervisors to vote was the reality of Climate Change and the scientific news keeps getting more terrible in the 20 months since you vote. Were now in a race to save the world from the worst Case Scenario frs Climate Change divest ment as this retirement...

Decide either way depending on their interpretation of that. Thats right. Theres an matter of ethics. They could dismiss it, preach a settlement where she could pay monetary penalties, or hold a public hearing leading to a determination. What is the amount of the penalties here . Under the charter and local ethics law, the Ethics Commission has the ability to impose fines for up to 5000 for each violation. It takes into account all sorts of factors in determining the penalty they apply. Besides ...

Retirement board was asked to do. Another aspect thats change td since april of 2013 is the new energy landscape. Even a few years ago its here. Renewable cheap energy is seriously impacking traditional Power Generation an power companies. In the u. S. Coke brothers i could go on about that. The third is the carbon bubble. More and more authority, the bank of london, the british financial minister say wezre in the midst of a carbon bubble that could plummet and make the retirement board has to t...