Archive for November 29th, 2011

Reuters: S&P cuts ratings on big banks after criteria change

Tuesday, November 29, 2011
By David Henry

NEW YORK (Reuters) – Standard & Poor’s reduced its credit ratings on 15 big banking companies, mostly in the Europe and the United States, on Tuesday as the result of a sweeping overhaul of its ratings criteria.

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Tuesday, November 29, 2011 – 01:55 p.m.

AMR Corp., parent of American Airlines filed for chapter 11 bankruptcy protection Tuesday.

The airlines stock is trading at just 26 cents per share this evening.

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InlandPolitics: Herman Cain candidacy is done

Tuesday, November 29, 2011 – 01:30 p.m.

Herman Cain is re-evaluating his bid for the White House.

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InlandPolitics: Newspaper convicts Colonies defendants

Tuesday, November 29, 2011 – 01:30 p.m.

The Sun / Inland Valley Daily Bulletin newspapers has convicted the four defendants in the case surrounding the $120 million Colonies settlement.

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BY IMRAN GHORI
STAFF WRITER
ighori@pe.com

Published: 29 November 2011 09:29 AM

A San Bernardino County judged ordered the grand jury testimony of a former county official unsealed as part of a corruption case.

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The PE: STATE: Most people share Occupy views, poll finds

BY JIM MILLER
SACRAMENTO BUREAU
jmiller@pe.com

Published: 28 November 2011 08:50 PM

Most California voters sympathize with the premise of Occupy Wall Street, according to a new survey, which highlights the ideological split about the protests that have sprung up from New York to Riverside to make a case for “the 99 percent.”

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The Sun: Competitive Assembly races on horizon for 2012

Neil Nisperos and Benjamin Demers, Staff Writers
Posted: 11/28/2011 05:51:35 PM PST

Editor’s note: This is the third of a three-part series looking at the newly redrawn Inland Empire legislative districts for California’s Assembly. Sunday’s installment was Congress; on Monday we examined the California Senate.

When members of California’s Citizens Redistricting Commission compiled the state’s new political maps, they did so in hopes of ending gerrymandering.

An early look at Assembly races in this region seem to indicate they have succeeded in creating a more competitive atmosphere. The commission released the new maps in July.

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Joe Nelson, Staff Writer
Created: 11/28/2011 06:36:01 PM PST

A new law meant to reduce California’s prison population raises questions as to whether four defendants in a sweeping San Bernardino County corruption case would serve time in prison if convicted.

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November 28, 2011, 5:11 pm • Posted by John Myers

Assembly Speaker John Perez isn’t ruling it out — never say never, one supposes — but nonetheless says that talk of the Legislature stopping, or even just rejiggering, the budget’s automatic spending cuts isn’t likely to go anywhere.

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