Showing posts with label Steve Westly. Show all posts
Showing posts with label Steve Westly. Show all posts
Saturday, May 27, 2006
Times Focuses on Westly's Contributions From B&N
According to the Times, bookseller Barnes and Noble hosted a fundraiser for Steve Westly at its New York offices as Westly was using his seat on the State Board of Equalization to have the retailer forgiven for $22.8 million in sales taxes, interest, and penalties for taxes the retailer did not collect on online orders shipped to California residents. Full story
Angelides-Westly Neck To Neck
LA Times' Mike Finnegan concludes that the Democratic gubernatorial election is neck-to-neck with 10 days left, with Angelides having made great strides to close the gap with Westly. Finnegan also notes that Westly is still polling better than Angelides in the general election in hypothetical match-ups with the Governor. Full story
Friday, May 26, 2006
Campaign Spending Totals
Democratic rivals Phil Angelides and Steve Westly have spent nearly $57 million to date in the gubernatorial primary. Of that total, $34.5 million comes from donations to Steve Westly from Steve Westly.
Yesterday, Westly donated $2 million to his campaign, while Angelides kicked in $1.5 million of his own.
Yesterday, Westly donated $2 million to his campaign, while Angelides kicked in $1.5 million of his own.
Thursday, May 25, 2006
Surprised?
Hopefully not.
According to the LA Times, State Treasurer Phil Angelides has received $4.5 million since 1999 from "money managers and others seeking to do business with the state's two major public pension systems." As State Treasurer, Angelides has an ex-officio seat on the boards both the general state pension fund, CalPERS, and the state teachers' retirement fund, CalSTRS.
Also according to the Times, Controller Steve Westly, Angelides' primary rival, has received $1.8 million since taking office in 2003 (he also sits on the two boards). The second article also highlights the widespread skirting of state law requiring disclosures of campaign donations from pension businesses to state pension board members.
Fortunately for taxpayers, this doesn't seem to be hurting the pension funds too much: CalPERS had a 12.7% rate of return for the FY ending 6/30/05, while CalSTRS enjoyed an 11.09% rate of return for the same time period.
According to the LA Times, State Treasurer Phil Angelides has received $4.5 million since 1999 from "money managers and others seeking to do business with the state's two major public pension systems." As State Treasurer, Angelides has an ex-officio seat on the boards both the general state pension fund, CalPERS, and the state teachers' retirement fund, CalSTRS.
Also according to the Times, Controller Steve Westly, Angelides' primary rival, has received $1.8 million since taking office in 2003 (he also sits on the two boards). The second article also highlights the widespread skirting of state law requiring disclosures of campaign donations from pension businesses to state pension board members.
Fortunately for taxpayers, this doesn't seem to be hurting the pension funds too much: CalPERS had a 12.7% rate of return for the FY ending 6/30/05, while CalSTRS enjoyed an 11.09% rate of return for the same time period.
Subscribe to:
Posts (Atom)