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David G. Crane

David Crane is a Lecturer in Public Policy and SIEPR Research Scholar at Stanford University and president of Govern For California.

From 2004 – 2010 he served as a special advisor to Governor Arnold Schwarzenegger and from 1979-2003 he was a partner at Babcock & Brown, a financial services company.

Crane also serves as a director of the Volcker-Ravitch Task Force on the State Budget Crisis, Building America’s Future, California Common Sense, the Jewish Community Center of San Francisco and the University of California’s Investment Advisory Group. Formerly he served on the University of California Board of Regents and as a director of the California State Teachers Retirement System, the California High Speed Rail Authority, the California Economic Development Commission, the Djerassi Resident Artists Program, the Environmental Defense Fund, Legal Services for Children and the San Francisco Day School.

Entries by David G. Crane

Climate and Pension Activists Should Unite

(2) Comments | Posted October 11, 2013 | 7:43 PM

Recently Bay Area climate activist Tom Steyer described the agonizingly slow pace of U.S. political action on global warming as the equivalent of driving a car at a hundred miles an hour towards a cliff.

He's right. The longer we wait to address warming, the harder it...

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It's the Assumptions, Stupid!

(3) Comments | Posted February 26, 2010 | 4:11 PM

"I'd like to get your perspective on what your assumptions are, because obviously things could get a lot worse here."

That was the question put to the CEO of Fannie Mae, the huge government-sponsored mortgage lender, in November 2007 about mortgage assumptions.

The CEO's response:"[T] here's a fundamentally sound business...

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California: The Trouble With Kicking the Can Down the Road

(36) Comments | Posted July 14, 2009 | 11:37 AM

During the current state budget crisis we've heard a lot about "kicking the can down the road." Of course, everyone knows what that phrase means in the traditional sense -- "to put off" -- but not everyone understands what it means in a fiscal sense.

It boils down to...

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