Tag Archives: bonds

Judge Allows Stockton to Enter Bankruptcy

April 1, 2013, 12:32 pm • Posted by KQED News Staff and Wires
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SACRAMENTO, Calif. (AP) — A judge accepted Stockton's bankruptcy application on Monday, making it the most populous city in the nation to enter bankruptcy. U.S. Bankruptcy Judge Christopher Klein said the bankruptcy declaration was needed to allow the city to … Continue reading »

Filed under: Economics, Economy, Legal
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Slow Distribution of Bond Funds Costs California Millions

November 7, 2012, 12:19 pm • Posted by Laird Harrison
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by Jennifer Gollan, The Bay Citizen Some California agencies and departments have been slow to distribute proceeds from bond sales for local projects, costing the state at least $49 million in interest each year even as it has struggled to … Continue reading »

Filed under: State Budget
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With Campaign Donations, California Bond Underwriters Secure Contracts

May 4, 2012, 1:54 pm • Posted by Will Evans
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From California Watch Leading financial firms over the past five years donated $1.8 million to successful school bond measures in California, and in almost every instance, school district officials hired those same underwriters to sell the bonds for a profit, … Continue reading »

Filed under: Business and Finance, Government
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