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Calderons indicted in massive bribery, fraud case

February 22, 2014 By Tori Richards.   State Sen. Ron Calderon and his brother Thomas, a former assemblyman, were indicted late Thursday in a massive bribery and insurance fraud case that could send them to prison for the rest of their lives. A 24-count criminal complaint made public Friday revealed that Ron Calderon, D-Montebello, solicited and accepted approximately $30,000 in cash bribes to push through legisl...

Schwab the latest CA company seeking greener pastures

Big Tex wikimedia
February 21, 2014 By Joseph Perkins.   Charles Schwab is shorting California. The online brokerage, a Fortune 500 corporation, announced recently it is relocating 1,000 jobs from its San Francisco headquarters to out-of-state locations. “The decision to reduce our concentration in San Francisco is based on many factors,” said Schwab spokesman Greg Gable, “including making optimal use of other locales and the op...

Hoover conference reaches consensus on some areas of pension reform

Hoover 1
February 20, 2014 By John Seiler. Today the Hoover Institution released a crucial document in California's debate over pensions, "California Public Pension Solutions: Post-Conference Report." The conference itself took place last October. But its debates and findings now have been compiled for everyone to read and analyze. The document comes as Gov. Jerry Brown has called for reforming teachers' pensions -- which need...

Gov. Brown redefines ongoing programs as emergency drought aid

Brown drought relief, governor's site
February 20, 2014 By Wayne Lusvardi.   Thirty-four days after California Gov. Jerry Brown declared an official statewide drought emergency, he joined State Senate President Pro Tem Darrell Steinberg and Assembly Speaker John A. Perez on Feb. 19 in announcing an emergency drought aid package. (They are pictured at right from the event.)  Ninety five percent of the $687.4 million drought aid package, or $647.7 million...
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