JP Morgan Chase & Co. will pay nearly $300 million to California’s public employee and teacher pension funds as part of a settlement related to mortgage-related investments.
Gov. Jerry Brown started a week-long trade mission to China on Monday, along with several California business leaders, to seek investments that will benefit the state.
A grand jury said San Francisco’s pension fund investments were too risky.
Peter Rogoff toured BART’s maintenance yard in Hayward and said it’s increasingly important to continue to invest in transit infrastructure.
Anger directed at Wall Street is also stoking a new philosophy of investing called “Slow Money.”
A Saratoga lawyer who ran two investment funds was convicted of wire fraud in federal court in San Francisco Wednesday in connection with a scheme to defraud investors of $1.1 million.
Financial disclosure forms released Thursday show Gov. Jerry Brown and his wife, former Gap Inc. executive Anne Gust Brown, have real estate and stock holdings potentially worth millions of dollars.
12 Peninsula school districts are suing San Mateo County in an effort to recuperate $20 million in investments the schools lost when Lehman Brothers collapsed in September 2008.