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Sellers who had to cover shorts by buying stock because the sellers never materialized and there was furious buying instead as hedge funds came in to get me more action. Now i actually like short sellers. The shorts play a key role in the market. Short selling is a vital part. It exposes frauds and faults. They make money when companies falter or when shareholders capitulate to fear even if nothing is wrong. The shorts lose money when the expected and they have to buy back shares they have shorted or bet against. Sometimes for much more than they initially soldle them for. Today we saw a ton o...

Some of the greatest short gains i have seen as well as downright disastrous bets against companies that manage to produce herculeanly fabulous results. Today it did so in breathtaking fashion. Before the winners and the losers let me say unlike almost any other time i can recall its the action of the panicked short sellers that are in charge here. They are controlling the prices you see. They are the ones who are moving stocks in either direction. Sure today we were helped by the European Central bank staying easy for longer than many thought. Whats driving the market on a moment to moment ba...

That could push back whats the long state for cleanpowersf. I know there are members of the public who have concerns about that, but before we dive in, i just want to acknowledge that we have made tremendous progress on cleanpowersf this year. Weve actually had an rfp that successfully drew in many respondents. We didnt have that many respondents the last time we issued and rfp and indicated some really good choices to move forward on. I want to move forward and i believe this is shared by all the commissioners here. We all want to move forward as quickly as possible. So today, we really want ...

May or may not need to be revisited. One of those policies that came out during this discussion that i do believe needs to be revisited and i do believe needs to be rescinded. Fs sheriffs gag order that made him the last authority whether his department would communicate at all with federal immigration authorities. So on no. 2 there is a resolution that does three things. One, it confirmation this boards support for our existing sanctuary city law which has been a pilar of our Law Enforcement policy and Public Safety policy in San Francisco for decades. It also confirmation our support for the...

Please stand by. Local Agency Formation Commission Good afternoon and welcome to the special joint Committee Meeting of the San Francisco Public Utilities commission. I just created a new word. My name is john avalos, the chair of the lafco. We are going to do our roll call right now. I will introduce the clerk for lafco and the president of the Public Utilities commission which is the clerk of puc and they will do their roll call as well. Our clerk for lafco is lisa. Clerk, please call the roll. Commissioner avalos, present, breed, present, campos, present, commissioner crews, present, mar, n...