Let’s Twist Again

Banks struggle with large debt and minimal borrowers

The Federal Reserve calls it Operation Twist, named after the 1961 Chubby Checker hit that sparked gyrating hips in dance halls across America. That was also the first year the Fed embarked on a mission to purchase long-term Treasury notes in an effort to drive down interest rates on long-term loans.

Feb 1, 2012 Allen Young

Gaining Control of Pensions

Public pensions are draining public coffers

When it comes to the California public pension system, one thing is crystal clear: it absolutely must and will change. The question is when and how. Practically every expert who has analyzed the state’s pension figures uses the word “unsustainable” to describe the system.

Jan 1, 2012 Winnie Comstock-Carlson

Compensation Boomerang

An overcorrected workers' comp system seeks balance

In 2003, California’s workers’ compensation rates led the nation, setting off a debate about the cost of doing business here. Enter former Gov. Arnold Schwarzenegger and his sweeping 2004 reforms to the system — everything from disability payments to medical care guidelines to return-to-work benefits got an overhaul.

Jan 1, 2012 Samantha Bronson

Public Private Life

Acuity with Steve Hansen

Steven Hansen, 32, is a senior regional manager at California-based biotechnology company Genentech Inc. He is a neighborhood representative for the Downtown Sacramento Partnership board of directors and was one of 15 city residents selected to serve on the Sacramento Redistricting Citizens Advisory Committee. Last November, Hansen announced his run to become Sacramento’s first openly gay council member in the newly aligned District 6.

Jan 1, 2012 Douglas Curley

Working Lunch with Bradley Hudson

Bradley J. Hudson, 53, was hired as the Sacramento County executive in mid-August. With more than 25 years of administrative experience in civic government, he most recently served as the city manager of Riverside.

Dec 1, 2011 Douglas Curley

Judgment Day

The fate of federal healthcare

From the moment President Barack Obama signed the Affordable Care Act in March of 2010, observers predicted the law’s fate would ultimately be determined by the Supreme Court. Now, almost two years later, the court is indeed preparing final arbitration of the most sweeping and controversial health law in a generation.

Dec 1, 2011 Rich Ehisen