Financial Regulatory Forum

ANALYSIS – California, other U.S. states eye marijuana tax to raise cash

March 31, 2010

By Kim Dixon and Lisa Lambert

WASHINGTON, March 30 (Reuters) – The color of money may soon turn a new shade of green as U.S. states across the country consider legalizing and then taxing marijuana to cure chronic budget problems.

California probes credit rating agencies

September 17, 2009

California Attorney General Jerry Brown REUTERS/Robert Galbraith (UNITED STATES)   SAN FRANCISCO, Sept 17 (Reuters) – California Attorney General Jerry Brown issued subpoenas on Thursday to Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings as he launched an investigation of whether they broke state law with the ratings they provided mortgage-backed securities. (more…)