California Debt

California Tells Debt Buyers to "Prove It"

Bill Bartmann | Posted 05.19.2012

Bill Bartmann

State Senator Mark Leno has sponsored Senate Bill 890, also known as the "Fair Debt Buyer Practices Act." If signed into law, it will correct injustices that Californians have endured for years.

California Parents Owe $19.2 Billion In Delinquent Child Support

2011-03-16-Screenshot20110316at9.39.25AM.jpeg | Kelley Weiss | Posted 06.21.2011

Non-custodial parents owe a near-record $19.2 billion in delinquent child support payments in California – a stubbornly large amount that researcher...

CA State Debt TRIPLES Under Schwarzenegger

California Watch | Louis Freedberg | Posted 05.25.2011

This story comes courtesy of California Watch. By Louis Freedberg Despite Gov. Arnold Schwarzenegger's promises to reduce California's indebtedness,...

What the Doomsayers Haven't Been Telling You about Greece

Steven Hill | Posted 05.25.2011

Steven Hill

Certainly Greece is going through a difficult spot in its long history, but how difficult depends on how you measure it.

The New Yorker: Could Debt Send California The Way Of Greece? :

newyorker.com | James Surowiecki | Posted 05.25.2011

nother year, another crisis. If we spent last year worried that big banks were going to fail, the fear of the moment is that entire governments may go...

California's Debt: Now Riskier Than Kazakhstan's - And A Bigger Worry Than Greece?

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Just how dangerous is California's budget crisis? Extremely dangerous, according to two recent evaluations of California's debt by financial indust...

CALIFORNIA TO PAY WITH IOU'S - Is This Gradeschool?

Bloomberg | Posted 05.25.2011

Dec. 5 (Bloomberg) -- California, the world's eighth-largest economy, may pay vendors with IOUs for only the second time since the Great Depression, S...