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Treasurer’s Office Looks Toward More Funding, Innovation, Transparency and Accountability for 2016

Treasurer’s Office Looks Toward More Funding, Innovation, Transparency and Accountability for 2016

Dozens of plants located across the Golden State created steady, solid, middle-class jobs for tens of thousands of skilled workers. Unfortunately, the bonanza, while prolonged, petered out. Consider these two iconic, heavily publicized closures: In November, the final C-17 Globemaster III cargo plane rolled off the state’s last, big assembly line in Long Beach. Four […]

Greek Debt Crisis: No Measurable Impact on California Treasurer’s Short-Term Investments

Greek Debt Crisis: No Measurable Impact on California Treasurer’s Short-Term Investments

State Treasurer John Chiang today issued the following statement to investors: “The deterioration of the Greek fiscal situation this week is most unfortunate and will have a long-term impact on the International Monetary Fund (IMF) and the European Union (EU). However, California’s Pooled Money Investment Account (PMIA) has no direct Greek exposure. As manager of […]

CA Treasurer Chiang operating way out of his job description

CA Treasurer Chiang operating way out of his job description

By George Miller   Why is the Treasurer releasing a constant stream of press releases promoting himself and causes that sometimes have little to do with his job responsibilities? His press release (below) from the CA State Treasurer is so wrong on multiple levels: The Treasurer isn’t focusing totally on his job. He should be warning the […]