Archive for the ‘ Montebello ’ Category

SacBee: Ron Calderon FBI sting detailed in affidavit

money in hand

Capitol Alert
The latest on California politics and government
October 30, 2013

Sen. Ron Calderon, D-Montebello, accepted $60,000 in bribes from undercover FBI agents during a wide-ranging probe into his conduct as a legislator, according to a 125-page affidavit published online Wednesday by cable news network Al Jazeera.

Read more here: http://blogs.sacbee.com/capitolalertlatest/2013/10/ron-calderon-xxx-detailed-in-newly-released-affidavit.html#storylink=cpy

Read the rest of this entry »

DailyBulletin: Bad times for politicians, both national and local

Hmmm

By Doug McIntyre, Los Angeles Daily News
Posted: 10/19/13, 4:27 PM PDT |

It hasn’t been a good week for politicians.

First came the pathetic end to the slow motion train wreck known as the government shutdown. Then came an avalanche of scandals closer to home.

Read the rest of this entry »

LATimes: Montebello municipal bonds downgraded to junk status

By Abby Sewell and Jessica Garrison, Los Angeles Times
May 6, 2011

Some of Montebello’s municipal bonds have been downgraded to junk status, another blow to a city already teetering on the edge of insolvency.

Read the rest of this entry »

LATimes: Montebello may have trouble making payroll, paying bills

A city administrator warns that the ‘true nature of the city’s cash deficit was buried for many years’ by various accounting maneuvers.

By Jessica Garrison, Los Angeles Times
March 31, 2011

Montebello is so short on cash it may have trouble making payroll or paying its bills in the near future if officials don’t take “immediate corrective action,” a city administrator warned this week.

Read the rest of this entry »

LATimes: Fiscal mess fuels crisis in Montebello

Two off-the-books accounts and alleged misuse of millions have city officials seeking answers.

By Jessica Garrison and Richard Winton, Los Angeles Times
February 19, 2011

Millions in Montebello city funds have been mismanaged or drained from off-the-books accounts, leaving officials scrambling for explanations and prompting fears about the city’s solvency.

Read the rest of this entry »