Investigative Reports

Cal State Presidents Receive Perks and Benefits Worth 50% of Base Pay

March 26th, 2012 By admin. MARCH 26, 2012 By JOHN HRABE California State University presidents receive perks and benefits worth as much as 50 percent of their base salaries, or more than $145,000 per year, according to compensation data released by two campuses. Cal State Sacramento and San Jose State University disclosed to the total compensation paid to both university presidents during 2008-10...

The Dirty Secrecy of Clean Energy Costs

March 19th, 2012 By admin. MARCH 19, 2012 By DAVE ROBERTS “Sunshine is the best disinfectant,” said Supreme Court Justice Lewis Brandeis regarding the need for governmental transparency – but apparently not when it comes to solar power and other renewable energy sources. California has embarked on an ambitious, unprecedented program to provide one-third of its power from renewable energy sources by 2020. I...

Four New California Cities Might Dissolve

March 13th, 2012 By admin. Editor's Note: Correction Below MARCH 13, 2012 By WAYNE LUSVARDI Newspapers across the United States have told of the financial plight of three cities in northern California facing possible bankruptcy: Stockton, Hercules and Lincoln. However, many may not be aware that four newly formed cities in Southern California may be facing disincorporation due to the California Legislature d...

Special Series: Bankruptcy Didn’t Make the Sky Fall In Orange County

March 6th, 2012 By admin. Editor's Note: This is the first in a Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 6, 2012 BY CHRIS REED Overwhelmed by enormous unfunded liabilities for retired employees’ pensions and health care, local governments throughout California are increasingly contemplating what once seemed unthinkable: declaring Chapter 9 bankruptcy to hold off ...
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