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    Feb 4, 2013 | Los Angeles Times

  1. GOP legislators want feds to investigate fire fund

    PolitiCal
    California Republican legislators want the U.S. Attorney to investigate the California Department of Forestry and Fire Protection for putting $3.6 million from legal settlements in an off-budget account....
    2. Feb 6, 2013 |Story| Los Angeles Times

  2. Is S&P to blame?

    Federal and state prosecutors sued the credit rating agency Standard & Poor's this week for allegedly defrauding investors by giving inflated ratings to complex mortgage-backed securities that proved all but worthless after the housing bubble burst. The cases raise difficult questions about the freedom to express an opinion without being held liable if it's wrong. Nevertheless, it's worth exploring whether S&P and its rivals deliberately soft-pedaled how risky those securities were in order to boost their bottom lines.
    Federal and state prosecutors sued the credit rating agency Standard & Poor's this week for allegedly defrauding investors by giving inflated ratings to complex mortgage-backed securities that proved all but worthless after the housing bubble burst. The...

    Tags: Ratings, Mortgages, Financial and Business Services, Derivative Securities, Securities

    3. Feb 5, 2013 |Story| Los Angeles Times

  3. California accuses S&P of deception in $4-billion lawsuit

    California has filed suit against Wall Street's biggest credit rating agency, Standard & Poor’s, charging the firm with violating the state's False Claims Act by using “magic numbers” and “guesses” to inflate ratings that ultimately cost California public pension funds an estimated $1 billion.
    California has filed suit against Wall Street's biggest credit rating agency, Standard & Poor’s, charging the firm with violating the state's False Claims Act by using “magic numbers” and “guesses” to inflate ratings that...

    Tags: Mortgages, Derivative Securities, Trials, Securities, Interior Policy

    4. Feb 5, 2013 |Story| Los Angeles Times

  4. Justice Department, state officials to announce Standard & Poor's suit

    WASHINGTON -- Justice Department officials and attorneys general from California and several other states were set Tuesday morning to announce a landmark civil suit against Standard & Poor's Corp. concerning the company's credit ratings of troubled mortgage-backed securities before the financial crisis.
    WASHINGTON -- Justice Department officials and attorneys general from California and several other states were set Tuesday morning to announce a landmark civil suit against Standard & Poor's Corp. concerning the company's credit ratings of troubled...

    Tags: Ratings, Mortgages, Derivative Securities, Trials, Securities

    5. Feb 5, 2013 |Story| Los Angeles Times

  5. S&P helped cause financial crisis with faulty ratings, Feds allege

    WASHINGTON -- Standard & Poor's Corp. helped cause the financial crisis by misleading investors with falsely high credit ratings on bonds backed by toxic subprime mortgages, federal officials alleged Tuesday in announcing a civil suit against the company.
    WASHINGTON -- Standard & Poor's Corp. helped cause the financial crisis by misleading investors with falsely high credit ratings on bonds backed by toxic subprime mortgages, federal officials alleged Tuesday in announcing a civil suit against the company....

    Tags: Ratings, Mortgages, Derivative Securities, Securities, Automotive Equipment

    6. Feb 5, 2013 | Los Angeles Times

  6. California Supreme Court poised to rule on bans of pot dispensaries

    L.A. NOW
    The state's highest court is scheduled to hear oral arguments Tuesday in a case that will decide if cities and counties can ban cannabis dispensaries. The Times will add the live stream from the hearing in San Francisco as soon......
    7. Feb 4, 2013 |Story| Los Angeles Times

  7. California sues BP and Arco, alleges violations at gas stations

    California Atty. Gen. Kamala D. Harris has filed a civil lawsuit against BP West Coast Products, BP Products North America Inc. and Atlantic Richfield Co., accusing them of violating state laws on hazardous materials and hazardous waste.
    California Atty. Gen. Kamala D. Harris has filed a civil lawsuit against BP West Coast Products, BP Products North America Inc. and Atlantic Richfield Co., accusing them of violating state laws on hazardous materials and hazardous waste. The lawsuit...

    Tags: Downstream Oil and Gas Activities, Trials, Herbalife Limited, Crime, Law and Justice, Waste

    8. Feb 1, 2013 |Story| Los Angeles Times

  8. FTC: Give mobile device users more privacy disclosures -- or else

    SAN FRANCISCO -- The Federal Trade Commission called on the fast-growing mobile device marketplace to do a better job of alerting consumers to what the various market players do with their personal information.
    SAN FRANCISCO -- The Federal Trade Commission called on the fast-growing mobile device marketplace to do a better job of alerting consumers to what the various market players do with their personal information. It released guidelines for mobile...

    Tags: Conservation, Consumers, Networking, Culture, Media Industry

    9. Jan 24, 2013 | Los Angeles Times

  9. Sacramento D.A. rejects case against state parks department

    PolitiCal
    When an investigation by the California attorney general's office determined that some officials had deliberately hid millions of dollars at the state parks department, the conclusions were sent to the Sacramento County district attorney for a possible...
    10. Jan 20, 2013 |Column| Los Angeles Times

  10. California can't go it alone on guns

    SACRAMENTO — California's gun controls are among the toughest in the nation, but they're severely weakened by Washington's failure to pass strong national laws.
    SACRAMENTO — California's gun controls are among the toughest in the nation, but they're severely weakened by Washington's failure to pass strong national laws. It's sort of like the chain analogy — a chain being only as strong as its...

    Tags: Unrest, Conflicts and War, Local Government, Assault, Lifestyle and Leisure, Barack Obama

    11. Jan 16, 2013 | Los Angeles Times

  11. Galt police mourn officer fatally shot responding to burglary

    L.A. NOW
    The 35-year-old Galt police officer killed while responding to a burglary Tuesday was hailed as a "very well respected and proactive member" of the small Sacramento County town's police force....
    12. Dec 4, 2012 | Los Angeles Times

  12. Local police can decide whether to hold illegal immigrants, state attorney general says

    L.A. NOW
    California Atty. Gen. Kamala Harris on Tuesday told local law enforcement agencies that they were not obligated to comply with a controversial federal program launched in 2008 with the goal of deporting immigrants convicted of serious crimes. It was...
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Kamala D. Harris Photos
President Barack Obama is greeted by California Attorne...
(April 5, 2013)
Obama and Harris
California Atty. Gen Kamala Harris has already lined up...
(March 7, 2013)
Kamala Harris
A package of tough new laws that provide homeowners wit...
(February 6, 2013)
Kamala D. Harris
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