Government
Oct. 29, 2010
Former S.D. Officials to Pay SEC Fines
Four former city of San Diego officials are poised to go down in history as the first municipal officials to pay financial penalties to the Securities and Exchange Commission in a municipal bond fraud case.
Daily Journal Staff Writer
SAN DIEGO - Four former city of San Diego officials are poised to go down in history as the first municipal officials to pay financial penalties to the Securities and Exchange Commission in a municipal-bond fraud case.
They may not be the last, however, as pension systems throughout the state struggle to deliver on benefits promised to public workers at a time when municipal budgets a...
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