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Treasurer Lockyer Comments on Partial Thaw of Infrastructure Financing Freeze

"The Board’s action, while positive, provides little comfort for businesses, workers and nonprofits," said Treasurer Lockyer. "They remain innocent victims of the cash crisis that forced the freeze. They watch helplessly as they lose billions of dollars in revenues and tens of thousands of jobs. And the people of California, who desperately need their economy to recover, instead see it choked as the stimulus provided by infrastructure projects vanishes."

For more details:

• Treasurer Lockyer Comments on Board’s Decision to Partially Thaw California Infrastructure Financing Freeze
  January 16, 2009

Pooled Money Investment Board Meeting
Infrastructure Financing Freeze

Friday, January 16, 2009
10 a.m.
CalPERS, 400 P Street -- Room 1190 (First Floor)
Sacramento, CA

• Agenda
• Staff Report
• Department of Finance List of Projects Shut Down or Suspended
• Webcast

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