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State Treasurer

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CALIFORNIA | LOCAL
October 25, 1994
There are two qualified candidates for state treasurer, the post now held by Kathleen Brown, the Democratic candidate for governor. Phil Angelides, former Democratic State Party chairman, is a successful businessman and developer. His Republican opponent, Matt Fong, is a lawyer and for the last 3 1/2 years has been a member of the state Board of Equalization. Both have considerable practical skills as well as years of experience in Sacramento.
ARTICLES BY DATE
CALIFORNIA | LOCAL
June 5, 2013 | George Skelton, Capitol Journal
SACRAMENTO - Bill Lockyer should have been governor. He would have been good for California - and great for people in my line of work. The state treasurer - who announced Monday that he'll retire next year from elective office after four decades in Sacramento - has always been a politician who could deal and get things done. He's also candid and, especially earlier in his career, prone to shoot off his mouth. "I resent your mindless blather," Lockyer once told a female state senator, a fellow Democrat, while chairing a committee.
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CALIFORNIA | LOCAL
June 2, 2011 | By Anthony York, Los Angeles Times
Reporting from Sacramento -- Matthew Kipling Fong, a former California state treasurer who ran unsuccessfully for the U.S. Senate in 1998, died Wednesday at his home in Pasadena after a long bout with skin cancer. He was 57. Fong, a Republican, was the scion of a political family with deep roots in state politics. His mother, March Fong Eu, a Democrat, was elected to the state Assembly in 1966 and served as California's secretary of state from 1975 to 1994. She was later appointed U.S. ambassador to Micronesia by President Clinton.
CALIFORNIA | LOCAL
June 3, 2013 | By Anthony York
SACRAMENTO -- Bill Lockyer, who has served in Sacramento for four decades as a legislator, attorney general and state treasurer, announced he will retire from elective office when his term expires in 2014. Lockyer, a Democrat who was first elected to the Assembly in 1973 and went on to serve as head of the state Senate from 1994 through 1998, had been preparing an effort to run for state controller. “I think I need to do something new,” Lockyer said in an interview, adding that he has no set plans for his future.
CALIFORNIA | LOCAL
October 23, 1990
This year California voters are fortunate to have a choice between two major candidates for state treasurer who are both well-qualified. Treasurer Tom Hayes, a Republican, and Democratic challenger Kathleen Brown are financial experts with solid records of public service. Voters would be well-served by either, but we recommend Brown. The treasurer is California's chief financial officer.
CALIFORNIA | LOCAL
October 29, 2010 | By Shane Goldmacher, Los Angeles Times
The job of state treasurer today involves managing billions of dollars, overseeing complex borrowing and investment decisions and working to restore California's reputation on Wall Street. It follows that candidates face particular scrutiny over their own finances, and the two leading candidates have each provided plenty of fodder for the opposition. Incumbent Treasurer Bill Lockyer, a Democrat, has spent campaign funds on a variety of items related loosely if at all to his reelection bid. His expenditures include $1.2 million to help his wife win election as a county supervisor in the Bay Area, $16,000 in babysitting bills and a weekend trip with his family to the resort at Disneyland.
NEWS
January 27, 1994 | From a Times Staff Writer
Former state Democratic Party Chairman Phil Angelides announced Wednesday that he will run for state treasurer this year. Angelides, 40, of Sacramento, is expected to face state Sen. David A. Roberti (D-Van Nuys), the first legislator to be forced out of office by term limits, in what could be a costly Democratic primary. A housing developer who once was an Assembly administrative aide, Angelides said he plans to travel the state from border to border in the next 60 days to outline his program.
CALIFORNIA | LOCAL
April 17, 1997
State Treasurer Matt Fong will teach Walnut Elementary School students the finer points of personal finance Friday during Save-at-School Day. Designed to instill a savings habit in the future work force, the Save-at-School program will allow students to start savings accounts with East-West Federal Bank, a local bank that already works with the elementary school through an adopt-a-school program, said Mike Bower, a spokesman for the Walnut Unified School District.
NEWS
September 16, 1988 | GEORGE SKELTON and LEO C. WOLINSKY, Times Staff Writers
Gov. George Deukmejian surprised the political establishment Thursday by nominating an obscure legislative appointee, Auditor General Thomas W. Hayes, to be state treasurer. Hayes, 42, not only has never run for elective office, he has never even been a member of a political party. Hayes, always a "decline-to-state" voter--or independent--promised the governor he would register as a Republican and run for a full term as treasurer in 1990. "Who?"
CALIFORNIA | LOCAL
March 5, 1988
Whatever the merits of the governor's nominee for state treasurer, aren't we wasting a lot of rhetoric and excessive time on one questionable nominee while the governing of the state is neglected as if a forest were burning in the meantime? Why can't government work with a minimum of fractiousness and concentrate on issues which affect us all? After all, there are 27 million of us. ROBERT ARONOFF South Pasadena
SPORTS
February 18, 2013 | Chris Dufresne
Tiger Woods had a good reason for snubbing the Northern Trust Open again this year. It turns out he was playing in the President's Cup. Woods spent Sunday playing golf with President Obama at the Floridian, a secluded club on that state's Treasure Coast. Tim Rosaforte , a writer for Golf World magazine, first reported the news via Twitter. The Associated Press stated it was the first time that the president and Woods have played golf together. Woods, at age 16, got an exemption to play the Northern Trust Open in 1992, but he has never won at Riviera and hasn't entered the event since 2006.
CALIFORNIA | LOCAL
January 18, 2013 | By Dan Weikel, Los Angeles Times
Two high-ranking state officials Thursday called on school districts across California to impose a moratorium on costly capital appreciation bonds while changes are considered to limit their use. Bill Lockyer, state treasurer, and Tom Torlakson, state superintendent of public instruction, sent letters to education officials asking them to avoid using the sometimes risky bonds until the governor and Legislature can weigh proposals to restrict the...
NEWS
November 6, 2012 | By Lisa Mascaro
WASHINGTON - Democratic Sen. Sherrod Brown was reelected despite a late narrowing in the polls in Ohio, among the foremost battlegrounds in the presidential election. Brown, one of the more liberal members of the Senate, fended off a challenge from Josh Mandel, the state treasurer, in one of the nation's pricier Senate races. The race was called Tuesday for Brown by NBC News and the Associated Press. Mandel's efforts to cut the state's budget as treasurer appealed to some voters, but Democrats targeted him as inexperienced despite his swift climb in state politics.
CALIFORNIA | LOCAL
September 6, 2012 | By Rick Rojas, Los Angeles Times
A former Bay Area politician and the estranged wife of the state treasurer - who has struggled publicly with substance-abuse problems that led her to resign earlier this year - faces criminal charges in Orange County after being arrested on drug charges. Nadia Lockyer, an Alameda County supervisor until April, was arrested by police in Orange on Aug. 28, after law enforcement received a tip that she was in possession of drugs, said Farrah Emami, a spokeswoman for the Orange County district attorney's office.
BUSINESS
August 24, 2012 | Bloomberg News
California Treasurer Bill Lockyer has asked the state attorney general to investigate whether conflict-of-interest laws were broken at one of the state's biggest issuers of municipal debt. Lockyer's request follows the release of a report by the State Audits Bureau that said the compensation arrangements at the California Statewide Communities Development Authority raise concerns about possible violations of the Political Reform Act. The law prohibits public officials from making, participating in or influencing decisions that affect them financially.
NATIONAL
March 9, 2012 | By Richard Fausset
South Carolina Lt. Gov. Ken Ard resigned Friday morning, declaring it was in the "best interest" of the state after a months-long probe into abuses of his campaign war chest, including allegations that he spent the money on a video game console and expensive clothing for his wife, among other things. Ard, who was elected in November 2010, had his resignation letter delivered to the office of fellow Republican Gov. Nikki Haley Friday morning. In a separate statement, Ard issued an apology to his staff, family and the people of South Carolina.
CALIFORNIA | LOCAL
January 30, 1998 | From Associated Press
Sacramento developer and former state Democratic Party official Phil Angelides formally entered the race for state treasurer Wednesday, promising to increase the investment of state funds in stocks of California firms. Angelides said he would use the authority of the treasurer, who invests billions of dollars for the state, to strengthen the state's economy for future generations. "I will invest more of our portfolio in California. It is the best place in the world to invest.
CALIFORNIA | LOCAL
June 2, 2011 | By Anthony York, Los Angeles Times
Reporting from Sacramento -- Matthew Kipling Fong, a former California state treasurer who ran unsuccessfully for the U.S. Senate in 1998, died Wednesday at his home in Pasadena after a long bout with skin cancer. He was 57. Fong, a Republican, was the scion of a political family with deep roots in state politics. His mother, March Fong Eu, a Democrat, was elected to the state Assembly in 1966 and served as California's secretary of state from 1975 to 1994. She was later appointed U.S. ambassador to Micronesia by President Clinton.
OPINION
May 11, 2011 | By Steven Hill
Gov. Jerry Brown has proposed many solutions for California's political and economic crises. Yet there's one rock the governor could lift higher to find big savings: the duplication of state offices. Many could be consolidated and in some cases eliminated. Brown made a good start in January when he eliminated the secretary of education post, which was, as one pundit said last year, "about as useful as a third nostril. " But unfortunately, California still has a few more extraneous "nostrils.
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