Category Archives: California Budget

On the Brink of Failure

Photo: The Wall Street Journal Add Jamie Dimon, CEO of JP Morgan Chase, to the growing list of influential business minds who are warning that an increasing number of cities may go bankrupt in 2011.  Dimon’s comments come in the wake of … Continue reading

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The Number is 425

425. That’s the number of redevelopment agencies Governor Jerry Brown is proposing to eliminate.  He’s effectively throwing down the gauntlet, calling for their elimination in order to help close the widening budget gap.  CP&DR reports that such a move would free … Continue reading

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