5Vote!
Sacramento Bee (Free subscription) | 11/07/2009
... investment the client obtains. Sources said the legislation is being drafted by State Controller John Chiang and Treasurer Bill Lockyer, in consultation with CalPERS President Rob Feckner and CalPERS Chief Executive Anne Stausboll. Chiang and Lockyer serve on the CalPERS board. The legislation follows stories in The Bee this week detailing the activities of placement agent...
5Vote!
Sacramento Bee (Free subscription) | 11/07/2009
... from public pension funds. Sources said the legislation is being drafted by State Controller John Chiang in cooperation with State Treasurer Bill Lockyer. Both sit on the board of the California Public Employees' Retirement System. The Legislature already passed AB 1584 requiring disclosure of fees paid to placement agents. The new bill would force them to register as lobbyists. It...
4Vote!
San Fransisco Chronicle (Free subscription) | 11/07/2009
Dan's take: "In the last fiscal year alone, the CHP spent just over a million dollars guarding the five constitutional officers -- $224,193 for (Superintendent of Public Instruction) Jack O'Connell, $139,954 for Treasurer Bill Lockyer, $172,225 for Secretary of State Debra Bowen, $309,436 for Controller John Chiang, and $214,335 for Insurance Commissioner Steve Poizner."
5Vote!
Primordial Slack (Free subscription) | 11/04/2009
... to use that free money. "That's absolutely correct," said California State Controller John Chiang, who inherited the situation when he came into office. "What we've done here over the last two decades has been dead wrong. We've kept the property and not provided owners with the opportunities -- the best opportunities -- to get their property back." Just never you...