Drug Charges Dropped Against Wife Of State Treasurer Bill LockyerDrug-related charges were dropped Friday against former Alameda County Supervisor Nadia Lockyer, wife of state Treasurer Bill Lockyer, after prosecutors determined she had completed an addiction-treatment program.
Calif. Teachers Fund Moves To Divest From Companies That Make Assault WeaponsThe nation's largest teacher pension fund took the first step Wednesday toward divesting from companies that make guns and high-capacity ammunition magazines that are illegal in California.
Calif. Treasurer Eyes Pension Divestment From Gun Manufacturers 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.
Estranged Wife Of Calif. State Treasurer Charged With Drug Possession, Child AbuseNadia Lockyer, the estranged wife of state Treasurer Bill Lockyer and a former Alameda County supervisor, was charged Wednesday with drug possession and child abuse, according to prosecutors.
Report: Calif. Public Pension Funds May Face Up To $500B Shortfall A disputed report from Stanford University suggests the state's public pension fund could be hundreds of billions of dollars less than previously estimated.
Investors Chip In $5.4B To Cover California If US DefaultsThe 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.
Calif. Treasurer: US Default 'Complicates' Cash Flow, Medicare Treasurer Bill Lockyer said the state may need to seek financing from Wall Street in case talks fail to raise the federal debt ceiling ahead of an Aug. 2 deadline.
Lockyer: California May Be Forced To Issue IOUs Without Spending CutsState Treasurer Bill Lockyer says California could be forced to issue IOUs as early as April or May if state lawmakers don't make deep spending cuts soon.
Calif. Officials Freeze Housing Developer's Money During ProbeTwo top California officials have frozen almost $150,000 of campaign contributions given to them from a housing developer accused of defrauding government agencies.