CalWatchdog Morning Read – July 29

by CalWatchdog Staff | July 29, 2016 10:40 am

Good morning!

The legislative summer recess is coming to an end, so enjoy the weekend because next week is the start of a long month.

And now to dig right into our Morning Read, The Sacramento Bee[1] has our top story today about the Volkswagen scandal: 

“California’s $188 billion teachers’ pension fund is stepping up the pressure on Volkswagen in a European lawsuit over the German automaker’s air-pollution scandal.

“The California State Teachers’ Retirement System, the second-largest U.S. public pension fund, has obtained a court order that will enable its attorneys to unearth potentially crucial corporate records relating to Volkswagen’s tainted diesel vehicles.

“The order came a month after CalSTRS joined other institutional shareholders in suing Volkswagen in Germany, claiming their investments in the company have been damaged by its diesel pollution scandal. CalSTRS’ shares of Volkswagen were worth $52 million as of Dec. 31.”

In other news:

Legislature:

Gov. Brown:

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Endnotes:
  1. The Sacramento Bee: http://www.sacbee.com/news/business/article92360402.html
  2. The Press-Enterprise: http://www.pe.com/articles/chabot-809368-permits-candidate.html
  3. The Orange County Register: http://www.ocregister.com/articles/law-723959-children-school.html
  4. The Bee: http://www.sacbee.com/site-services/databases/article92493667.html
  5. The Bee: http://www.sacbee.com/news/politics-government/capitol-alert/article92465827.html

Source URL: https://calwatchdog.com/2016/07/29/calwatchdog-morning-read-july-29/