Archive for December 27th, 2012

By Dale Kasler
dkasler@sacbee.com
Published: Thursday, Dec. 27, 2012 – 9:15 am

In a case involving California municipal bonds, five Wall Street investment banks were fined today for using proceeds of bond sales to pay their California lobbyist.

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OCRegister: LA-OC area sees biggest gain in home values

December 26th, 2012, 11:57 am
Posted by Jeff Collins

The value of homes in the Los Angeles-Orange County area jumped $122 billion in 2012, the biggest cumulative gain of any major metro area in the nation, the online real estate site Zillow.com reports.

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U.S. Department of Treasury

By Jim Puzzanghera
December 26, 2012, 2:22 p.m.

WASHINGTON — The federal government will begin taking special steps this week to continue paying its bills as the nation prepares to hit its debt limit next week, Treasury Secretary Timothy F. Geithner said Wednesday.

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