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San Francisco, CA
West Coast Politics and Finance Reporter — Bloomberg News
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Reporter, West Coast politics and finance, Bloomberg News

Steyer Deploys Ark to Show Menace of Climate Change

bloomberg.com — As rising seas threaten Florida, Thomas Steyer is floating an $8.6 million campaign to save the state, opening 21 offices, dispatching more than 500 staffers and volunteers and deploying a rolling ark. The founder of hedge fund Farallon Capital Management LLC is pouring $36 million into seven states to show climate change can swing elections.

Steyer Deploys Ark, and a Flood of Money

bloomberg.com — Oct. 17 (Bloomberg) -- As rising seas threaten Florida, billionaire Thomas Steyer is floating an $8.6 million campaign to save the state, opening 21 offices, dispatching more than 500 staffers and volunteers and deploying a rolling ark. The founder of hedge fund Farallon Capital Management LLC is pouring $36 million into seven states to show climate change can swing elections.

Lawmakers Reach Compromise on Financial Regulation

bloomberg.com — The U.S. Congress is on pace to deliver a sweeping re-write of Wall Street's rules to President Barack Obama by July 4, meeting the deadline lawmakers set for themselves. House and Senate negotiators, after a marathon 20-hour session, early yesterday approved a bill aimed at increasing oversight and regulation of the U.S.

San Francisco may fill Calpers gap

futuresmag.com — The board should approve investing 15 percent of its assets in hedge funds, which would offer good returns and low volatility, according to a recommendation in an October memo from William Coaker, the fund's chief investment officer. "Hedge-fund returns have been more consistent," Coaker wrote. "They have provided good protection in market downturns."

California Rail Project Pursues Deal With Las Vegas Train

bloomberg.com — A private train intended to whisk Southern Californians to Las Vegas casinos and resorts could boost the proposed government-owned high-speed rail connection between Los Angeles and San Francisco, which has lost support as cost estimates swelled. A public partnership with private operators would help build segments of the system, Dan Richard, chairman of the California High-Speed Rail Authority, said in an interview.

Mayor of L.A. Suburb Dies in Shooting, Investigators Say

bloomberg.com — Daniel Crespo, the mayor of Bell Gardens, California, was shot to death today in a domestic dispute, the Los Angeles County Sheriff's Department said. Crespo was arguing with his wife, Levette, when his 19-year-old son, Daniel Jr., attempted to intervene and the two men began struggling, Deputy Sheriff Crystal Hernandez said in a telephone interview.

California Sex Consent Law Seen as Model by Berkeley Students

businessweek.com — Bloomberg News Students at the University of California at Berkeley said they hoped the first state law requiring students to signal their assent before sex would set a nationwide example for college relationships.

California Consent Law Seen as Model by Berkeley Students

bloomberg.com — Students at the University of California at Berkeley said they hoped the first state law requiring students to signal their assent before sex would set a nationwide example for college relationships.

California $2.4 Billion Sale Offers 2.48% on 10-Year Debt

bloomberg.com — California sold debt at yields ranging from 0.1 percent to 3.84 percent as it completed a $2.37 billion general-obligation offering, including the first green bonds for financing environmental projects, Treasurer Bill Lockyer's office said. The most-indebted U.S.

California Leading on Emissions as Brown Signs New Laws

bloomberg.com — California Governor Jerry Brown has a moonshot goal for the world's eighth-largest economy as he seeks to lead the global fight against climate change: 1.5 million zero-emission cars on state roads in the next decade. With a month-end deadline approaching, Brown has signed 11 bills related to global warming.
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