"This is getting pretty acrimonious," said the California treasurer, Bill Lockyer, who said he was also boycotting the retailer.
California's treasurer, Bill Lockyer, is fond of saying that California will not default unless there is thermonuclear war.It was not always that way.
But one trustee of the teachers' fund, California Treasurer Bill Lockyer, said state laws and the fund's own investment rules necessitated a formal divestiture.
The California state treasurer, Bill Lockyer, on Monday held a conference call in which he took issue with the critics of the current pension system.
California had been preparing to issue $5 billion worth of short-term bonds next month, but now its treasurer, Bill Lockyer, is seeking to put together a bridge loan with banks instead.
The vote followed a divestment motion by the California state treasurer, Bill Lockyer, a Calpers board member and investment committee member, in response to the massacre of 20 children and six adults at Sandy Hook Elementary School in Newtown, Conn., last December.
In July, after California voters rejected ballot initiatives that would have revitalized a state balance sheet that the California treasurer, Bill Lockyer, calls "a train wreck," Governor Arnold Schwarzenegger signed a starveling budget that cut U.C.'s allocation by $637 million, or twenty per cent.
With the passage of the treasurer's bill, the House is still under pressure to vote on two other major reform issues.
Michael M. Horn, a member of the new group and a former state treasurer, said the bill would contain disclaimers of any state obligation for the bonds.
"This truly is the real treasurer's reform bill," Representative Ronald San Angelo, a Republican of Naugatuck, said to his House colleagues today.
The local mines were the scene of bitter industrial strife between mine owners and unionized miners in the 1890s and into the 20th century; leaders of the union, including secretary-treasurer William D. ("Big Bill") Haywood, were prosecuted for murder in 1907 but were acquitted following a spirited argument by defense attorney Clarence Darrow.
