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Settlement with the bang for what it describes as golden as quote, unquote conduct of the sale of residential mortgagebacked securities between 2005 in 2007. The breakdown nearly half of the 5 billion is a civil fine. The rest distributed out to underwater homeowners, borrowers, affected community, other claims is all from federal and state entity. This adds to the running portfolio of five senate back to the financial meltdown. Major banks have been fined include bank of america, Morgan Stanley, wells fargo, jpmorgan, citigroup. The most recent figure comes from last month wall street journal...

Item 3 mr. Clerk, call item 3 for me and action item closed session. Any Public Comment . Were going to take Public Comment now before closed session no, no Public Comment okay. Thats because we started on time and our Public Comment didnt get the memo okay. Thats the secret everyone were going to go into closed session. Okay weve come out of closed session he united a vote or need to take a motion not to disclose what weve talked about in closed session so moved well take that without objection. Lets the house rehabilitate that commissioner paskinjordan is not here well take that without obje...

Commissioner meiberger commissioner paskinjordan commissioner stansbury will not be present we have quorum thank you very much ladies and gentlemen, the first one on the genocide a closed session for item 3 mr. Clerk, call item 3 for me and action item closed session. Any Public Comment . Were going to take Public Comment now before closed session no, no Public Comment okay. Thats because we started on time and our Public Comment didnt get the memo okay. Thats the secret everyone were going to go into closed session. Okay weve come out of closed session he united a vote or need to take a motio...

Right now. At todays low, we were down 1600 points for the year for the Dow Jones Industrials. The biggest declines in 4 1 2 months, on both the dow and the s p. So what happened overnight . Chinas slowing economy tripped up stock market, the shanghai index tanked another 3. 6 , that in turn led investors to believe that the second largest economy will not be consuming as much oil as it has in the past. Theres already a massive oversupply, a glut of black gold but china stumble coincides of the sanctions on iran. The rogue nation will be free starting monday to start spilling its excess oil su...

Concerned about the rays. You know what they do with that money down there, you have to give them credit. The red sox, last place last season. Now, here they are in the alcs, they host the game one on saturday fenway, theyll be favorites. They go back to the world series. Detroit and the as and that series has been unbelievable. The as, man, talk about money ball. All good for baseball. All good for baby. This is good for baseball. You know, agser newburg. Whether we want to know, obviously, that was great. By 07, you know what, we were starting to become what we always claimed we always hated...