West Coast Enterprise Editor
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Oct 3, 2012

In California, the Mungers haunt Jerry Brown

SAN FRANCISCO, Oct 3 (Reuters) – California Governor Jerry
Brown has a problem. Call it the Munger problem.

They’re scions of a billionaire financier, one a liberal
lawyer in Los Angeles and the other a conservative scientist in
the Bay Area. Neither claims to enjoy politics.

Sep 27, 2012
Sep 14, 2012

Las Vegas Sands hid evidence in former executive’s lawsuit-court

SAN FRANCISCO, Sept 14 (Reuters) – Las Vegas Sands
deceived a Nevada court in an attempt to stall a lawsuit by the
former head of its Macau operations, a state judge ruled on
Friday, fining the casino operator and abridging its right to
object in a fight over key evidence.

The ruling gives former Sands China Chief
Executive Steve Jacobs new room to pursue his wrongful
termination case, which has become a public fight over the
leadership and business methods used by Sands Chief Executive
Sheldon Adelson.

Aug 13, 2012
Aug 1, 2012

Assured says Stockton bankruptcy plan unfair, favors Calpers

SAN FRANCISCO, Aug 1 (Reuters) – Bond insurer Assured
Guaranty, facing massive losses in Stockton,
California’s bankruptcy, on Wednesday said the largest U.S.
public pension fund, Calpers, was getting preferential treatment
among creditors.

That may set the stage for a fight over whether cities in
dire circumstances legally have the ability to change
obligations under pension plan benefits agreed to in much better
times. Calpers, the California Public Employees’ Retirement
System, so far has said that the cities don’t have that ability.

Jul 27, 2012
Jul 27, 2012
Jul 27, 2012

Analysis: California’s Governor Brown bets on thinking big

SAN FRANCISCO (Reuters) – California may be struggling to make ends meet, but Governor Jerry Brown is still thinking big.

The 74-year-old governor is championing major public works projects, including a statewide bullet train network and giant tunnels for delivering fresh water, even as he tries to convince voters to approve a tax increase in the fall.

Jul 25, 2012

Near-bankrupt San Bernardino votes to suspend debt payments

SAN BERNARDINO, California (Reuters) – San Bernardino, the third California city planning to file for bankruptcy since June, voted to stop debt payments, freeze vacant jobs and quit paying into a retiree health fund under a three-month emergency proposal submitted to the city council on Tuesday.

The city is preparing a longer-term plan to make it through its expected bankruptcy period, when it will financially regroup under court protection from a financial hole created by a combination of the bad economy and poor management.

Jul 24, 2012

San Bernardino short-term proposal: suspend debt payments

SAN FRANCISCO (Reuters) – San Bernardino, California, which is planning to file for bankruptcy, would suspend payments on pension obligation bonds and other debt under a three-month proposal to be submitted to the city council on Tuesday.

A package of materials on the city council’s website included the plan for July-September of this year.

    • About Peter

      "Peter Henderson has worked for Reuters for more than a decade, covering the collapse of the Russian economy in the 1990s, media in Los Angeles and politics in San Francisco. He is West Coast Enterprise Editor, focusing on reporting and editing in-depth stories."
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