SAN FRANCISCO, July 6 - California suffered a new setback in its financial crisis on Monday when Fitch Ratings cut its rating on the state's general obligation debt...
SAN FRANCISCO, July 6 - California suffered a new setback in its financial crisis on Monday when Fitch Ratings cut its rating on the state's general obligation debt...
FEDERAL VERSUS STATE Siedle and other experts said the federal government needs to bring public pension funds under its purview through a comprehensive and uniform set of rules. "State oversight just isn't cutting it," said...
SAN FRANCISCO, Oct 23 - A letter earlier this year from the chief...
The measure squeaked by, stock investments rose, and the fund got more aggressive. Shortly after 2000 it made its first investment in hedge funds -- a shot heard around the pension fund world. "It was...
SAN FRANCISCO, Oct 23 - A new public pension fund reform law in...
* California probes credit ratings of MBS * State sends subpoenas, response expected within a month * Agencies have no immediate comment on substance of issues SAN FRANCISCO, Sept 17 - California Attorney General Jerry...
WASHINGTON, Sept 16 - California is pushing plans for a high-speed rail line and is banking on receiving nearly half of the federal stimulus money set aside to bring fast train travel to the United...
* California legislature approves budget bills * Gov. Schwarzenegger says budget is 'acceptable' * Gov. says economy may cause new budget problems (Adds detail on budget, California economy, paragraph 4) SACRAMENTO, Calif., July 24 -...
* California legislature approves budget bills * Gov. Schwarzenegger says budget is 'acceptable' * Gov. says economy may cause new budget problems (Adds vote details, analyst comment) SACRAMENTO, Calif., July 24 - California's legislature on...