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Bill Lockyer
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Investors turn out for California muni bond sale -- for a price
Money & CompanyCalifornia wrapped up a sale of $3.5-billion in tax-free municipal bonds on Thursday, and was able to trim yields slightly from initial expectations as investors bid aggressively for the debt. Still, taxpayers will foot significantly higher interest costs... -
Frequent borrower California is back with another bond sale
Money & CompanyCalifornia, which has borrowed $16.4 billion via short- and long-term bonds since Sept. 23, this week comes back to the well once more despite the jump in market interest rates over the last month. The state plans to borrow $2.25...... -
California forced to boost yield on bond sale to lure buyers
Money & CompanyCalifornia has stumbled badly in its latest foray into the municipal bond market -- a sign that investors are overloaded with the state’s debt. Borrowing $1.9 billion Tuesday via bonds that mature in June 2013, the state was forced to...... -
California cuts bond sale over prison legal battle
Money & CompanyCalifornia today pared back its last big tax-free bond sale of 2009, citing legal questions about funding for a prison project. Treasurer Bill Lockyer sold $743 million in lease revenue bonds for the state Public Works Board instead of the...... -
L.A. Council candidates trade accusations over ties to Villaraigosa
L.A. NOWWith just two weeks before the Dec. 8 runoff election, accusations are flying between the two candidates vying to replace former Los Angeles City Councilwoman Wendy Greuel in the 2nd District, which stretches from Sherman Oaks and Studio City to...... -
California debt binge shakes up muni bond market
Money & CompanyThe municipal bond market’s message to California: Enough with the borrowing already! Over the last seven weeks the state has sold more than $21 billion of short- and long-term debt for budget-related reasons and to finance voter-approved infrastructure... -
New York governor sees risk of California bond default
Money & CompanyBesides understanding his own state’s finances, New York Gov. David Paterson apparently has an excellent grasp of California’s fiscal situation. So much so, in fact, that Paterson feels confident speculating publicly about the probability of... -
Fees reduced for California's 529 college savings plan
Money & CompanyProgram-management fees for California’s 529 college savings plan, ScholarShare, have been reduced by up to 50%, State Treasurer Bill Lockyer announced today. The national program differs from state to state. In California, participants can set aside... -
California debt default 'increasingly likely,' Cal Lutheran economist says
Money & CompanyBill Watkins, who runs the Center for Economic Research and Forecasting at California Lutheran University in Thousand Oaks, goes out on a limb today: He says the state should start discussing contingency plans with the Obama administration and the... -
Seven 2009 memories sure to stay with you, like it or not
Money & CompanyA spectacular market crash, a dramatic rebound, a financial system and economy pulled back from the brink of collapse -- who writes this stuff, Hollywood? The most emotionally riveting reality TV of 2009 was what emanated regularly from Wall Street...... -
California's debt rating cut again on budget woes
Money & CompanyCalifornia’s only remaining A-level credit grade from a major ratings firm is in greater danger as the state’s budget woes deepen yet again. Standard & Poor’s today cut its rating on California’s $64 billion in general-obligation debt to A-minus... -
Thousands of state IOUs still uncashed
L.A. NOWMore than 89,000 people and businesses who received IOUs last year as California stopped paying its bills during the summer budget crunch still haven’t cashed in on the more than $50 million they are owed. In Los Angeles County, there......
Oct 30, 2009
| Los Angeles Times
Nov 2, 2009
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Nov 10, 2009
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Nov 19, 2009
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Nov 23, 2009
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Nov 10, 2009
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Nov 13, 2009
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Dec 1, 2009
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Dec 16, 2009
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Dec 29, 2009
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Jan 13, 2010
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Jan 14, 2010
| Los Angeles Times
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