State Treasurer Bill Lockyer is calling for a review of state pension fund investments connected to a company that manufactures firearms – including a type of rifle used in the Connecticut school shootings.
Authorities say the treasurer of a local youth football league embezzled more than $35,000 from the non-profit group.
A police officer, who was once called a hero, was in an Orange County jail Thursday night, accused of stealing money from a police charity.
The state has made a deal for a short-term bridge loan of $5 billion from private investors in case the U.S. federal government defaults on its debt.
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