Kathleen Brown

Setting the stage for a costly primary fight, former U.S. Treasurer Angela M. (Bay) Buchanan barnstormed California Tuesday to announce her candidacy for the Republican nomination for state treasurer. Buchanan, 40, an Irvine resident, flew to Sacramento, Fresno, Burbank and San Diego to promote her challenge to incumbent Treasurer Thomas Hayes, a Republican. Hayes, 43, was appointed to his post by Gov. George Deukmejian last year following the death of Jesse Unruh. Calling herself "the underdog" to the governor's candidate, Buchanan nevertheless dismissed suggestions that she was defying Deukmejian.

As a main theme of his campaign for governor, Jerry Brown has attacked Wall Street bankers for fueling the nation's economic troubles. But he has avoided mentioning Goldman Sachs, the bank that is a recent focus of scrutiny, even though it is one of the biggest liabilities for Meg Whitman, the leading Republican candidate for governor, who sat on the company's board. Brown, a Democrat and California's attorney general, also has connections to Goldman, which was charged with civil fraud last week by the Securities and Exchange Commission.

I am writing regarding Kathleen Brown's refusal to discuss the reasons for her opposition to the death penalty and her statement that, "The death penalty is not an issue. It is the law . . . I would use the same standards that every governor has used in reviewing (clemency) cases" (Capitol Journal by George Skelton, Dec. 16). I believe we should take Kathleen Brown at her word. After all, if memory serves, her brother Jerry never granted clemency to a Death Row inmate. (Former Gov.)

Former California Treasurer Kathleen Brown quit the board of Countrywide Financial Corp. Brown, head of West Coast municipal finance at Goldman Sachs & Co., is the sister of California Atty. Gen. Jerry Brown. In addition, Michael E. Dougherty, founder and chairman of Dougherty Financial Group, won't run for reelection, the Calabasas-based mortgage company said. The departures will shrink the board to nine members from 11, Countrywide said.

Former California Treasurer Kathleen Brown quit the board of Countrywide Financial Corp. Brown, head of West Coast municipal finance at Goldman Sachs & Co., is the sister of California Atty. Gen. Jerry Brown. In addition, Michael E. Dougherty, founder and chairman of Dougherty Financial Group, won't run for reelection, the Calabasas-based mortgage company said. The departures will shrink the board to nine members from 11, Countrywide said.

Kathleen Brown kicked off her campaign for state treasurer today, faulting previous treasurers for not releasing bond money quickly enough. Brown said in Los Angeles during the first in a series of news conferences scheduled around the state that billions of dollars in voter-approved bonds for new schools, housing and earthquake safety have stalled in the state treasurer's office because of "bureaucratic delays." "Every year that we wait, the cost of the projects is going to go up," she said.

Goldman Sachs Group Inc., hoping to cash in on the rising wave of California municipal borrowing, Monday named former state Treasurer Kathleen Brown to head a new Los Angeles-based public finance office. A widely known Democrat in a state with Democrats in most of the top government jobs, Brown is expected to function as a "rainmaker" who will use her contacts to help win bond underwriting business for Goldman. "She can schmooze with the best of them, and that's what the job takes," said Zane B.

In the wake of dismal showings in the last two general elections, California Republicans are searching for a Moses to lead them out of the political wilderness--and they appear to have settled on Texas Gov. George W. Bush. Can a Bush candidacy turn around the political fortunes of the state's GOP? The front-runner for his party's presidential nomination, Bush has proved he's a master fund-raiser.

BankAmerica Corp. promoted its most visible California woman, former state Treasurer Kathleen Brown, to president of the company's Private Bank West, the bank's asset management arm for wealthy clients in Western states. Previously, Brown was co-leader of the bank's private banking in Southern California. Brown was California's treasurer from 1991 to 1994, when she waged an unsuccessful battle to unseat Pete Wilson as governor.

Former state Treasurer Kathleen Brown and her campaign committee were fined $24,000 Thursday for failing to disclose more than $1.2 million in contributions toward her 1994 bid for governor. The state Fair Political Practices Commission also fined a San Diego County trash magnate and one of his companies $249,500 for funneling $21,400 in campaign donations to local candidates through employees, employees' spouses and a relative.

Eight months after her unsuccessful gubernatorial bid, former state Treasurer Kathleen Brown started a new job Monday as a senior vice president at Bank of America, responsible for private banking and investment management. Brown, 49, will be based in Downtown Los Angeles, developing investment programs for governmental agencies, institutions and individual investors.

As her campaign faltered and donations dried up last fall, Democratic gubernatorial challenger Kathleen Brown was thrilled to learn of a potential financial windfall: Aides told the state treasurer that her handpicked campaign manager, Clinton Reilly, had retained too much commission on television advertising and owed the campaign about $400,000 that could be used to cover other TV ad expenses. But those hopes were quickly dashed.

Republican Gov. Pete Wilson outspent Democratic challenger Kathleen Brown $26.2 million to $19.9 million last year, according to final expenditure reports filed this week by their campaigns. Their combined spending of $46.1 million set a record for two candidates in a California election, exceeding the $43.5 million spent by Wilson and Democratic opponent Dianne Feinstein in 1990. The spending in the Wilson-Brown race also outstripped all other 1994 races in the country.