Oct. 18, 2013
SHANGHAI, CHINA – Positioning California to attract a growing share of China’s massive foreign investment pool and bolstering California-China trade, Governor Edmund G. Brown Jr., the Bay Area Council and the Governor’s Office of Business and Economic Development (GO-Biz) today announced the hiring of Diane Long as the Executive Director of the new California-China Office of Trade and Investment.
Sept. 11, 2013
The Foothill-Eastern Transportation Corridor Agency, which operates 39 miles (63 kilometers) of toll highways in Orange County, risks default on $2.4 billion in debt, a consultant to California Treasurer Bill Lockyer’s Debt and Investment Advisory Commission said in July. The county itself filed for protection in 1994, the biggest U.S. municipal bankruptcy at the time, after losing about $1.7 billion on derivatives.