Page 25 - Issue Service News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gavel chairman nolan we are back. Good afternoon. We are back in session. Will go at this point to the agenda. Back the public comment. We have members of the public who wish to address the board . Secretary boomer yes, on matters within the jurisdiction of the board of directors but not on the agenda. Chairman nolan two minutes. Secretary boomer [indiscernible] chairman nolan mr. Malik . [sounds like] good afternoon. Honorable chairman and directors. Malik, longtime driver. Not on the agenda. Mr. Chairman, a few months ago you requested or ordered the sfmta to bring up credit card issue again...

As for the tenyear note yield, a couple of days now after yellens testimony. Shes coming back soon, too, though, right . Tenyear note has moved up of late, 2. 743 . Lets take a look at europe. See how we performed there. As you can see, weakness there perhaps following probably some weakness here in the United States. And that is where we start with the deal that will create the Largest Cable Company by far in the u. S. Comcast the parent of Nbc Universal agreeing to acquiring Time Warner Cable for 45 billion in an allstock transaction. The deal values time warner at roughly 159 a share, befor...

Also a new wrinkle to the General Motors ignition switch recall story. There are, of course, congressional hearings. Now a criminal investigation. But because gm has gone through bankruptcy, it will not be civilly liable for any accidents that happened before june 2009. Well get the latest from phil lebeau and speak to legal pros on if this will hold up even if the company is found to be criminally negligents. Thats a fascinating wrinkle. Also a cnbc exclusive, rock legend neil young, that neil young, joins us coming up on the closing bell today. Neil is not happy with the sound of Digital Mus...

Us. Otherwise we would be earning interest through the regular city treasury. Director bridges you know the rate structure . The credit union is here. They can answer. Director bridges that is my question. I appreciate that. Chairman nolan will the credit union come forward. Good afternoon. I am rebecca with the San Francisco federal credit union. Director bridges my question was the money transferred back to the mta funds. The fun sitting in the credit union, what type of rate structure . It will be against their five year cnt, with 75100 basis points in addition to the rate. We wanted a good...

The driver to transfer the medallion and realized the asset value. Thank you for addressing that point. I feel a bit of Kindred Spirit with you today, suffering personal attacks. This is a program that was is explained like that shows that you as a staff showing respect the people will have a long time in industry. While it is tempting at some levels of the mta to reach out and take all this money we have sacrificed determine some of the revenue to create a transition program. And i appreciate your comments. Those are my questions. Chairman nolan director rubke. Chairman nolan i would like to ...