Bill Lockyer

California wrapped up a sale of $3.5-billion in tax-free municipal bonds on Thursday, and was able to trim yields slightly from initial expectations as investors bid aggressively for the debt. Still, taxpayers will foot significantly higher interest costs...

More than 89,000 people and businesses who received IOUs last year as California stopped paying its bills during the summer budget crunch still haven’t cashed in on the more than $50 million they are owed. In Los Angeles County, there......

A lot of big numbers -- but no smoking gun. That’s what California Treasurer Bill Lockyer says he has found, so far, in probing major Wall Street banks’ trading in so-called credit default swaps on the state’s municipal bonds. Lockyer......

California, which has borrowed $16.4 billion via short- and long-term bonds since Sept. 23, this week comes back to the well once more despite the jump in market interest rates over the last month. The state plans to borrow $2.25......

Individual investors’ hunger for yield is showing up in robust demand for this week’s big power-supply bond offering from the California Department of Water Resources. The state’s brokerage network already has $1 billion in individual-investor...

Comparisons between Greece and California were rampant on Wall Street earlier this year -- as in, California is to the U.S. what Greece is to Europe: a deficit-ridden state careening toward fiscal calamity. But Greece clearly has won that race,......

There is still no evidence that Wall Street improperly drove up borrowing costs for the state of California, Treasurer Bill Lockyer said Friday as he released a second round of findings from a probe of so-called credit default swaps. The......

State Treasurer Bill Lockyer, who sits on the board of the California Public Employees’ Retirement System, unveiled a proposal Wednesday for the board to produce an annual public report comparing salaries of local officials throughout the state. The...

Prospects for a resolution of the state's financial crisis darkened further Monday, with a top lawmaker saying negotiations were "getting worse," as the state's credit rating dropped to its lowest level in years. Assembly Speaker Karen Bass (D-Los...

California has stumbled badly in its latest foray into the municipal bond market -- a sign that investors are overloaded with the state’s debt. Borrowing $1.9 billion Tuesday via bonds that mature in June 2013, the state was forced to......

California today pared back its last big tax-free bond sale of 2009, citing legal questions about funding for a prison project. Treasurer Bill Lockyer sold $743 million in lease revenue bonds for the state Public Works Board instead of the......

SACRAMENTO -- California's top financial officers said Thursday they will stop issuing IOUs, ending a practice that became the most visible symbol of the state's fiscal crisis. The decision came after meetings between Controller John Chiang, Treasurer...