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Wall Street lenders want bankrupt city to pay them before own retirees

The city of Stockton, California declared bankruptcy a month ago and is in the process of sorting out its financial affairs. Now it has been hit with a fresh indignity in the form of a threatened lawsuit from Assured Guaranty, a company based in Bermuda which provides insurance against defaults…

Federal judge declares DOMA, CA tax code unconstitutional for same sex couples

On Thursday evening U.S. District Court Judge Claudia Wilken of the Northern District of California ruled that the 1996 Defense of Marriage Act (DOMA) and a provision of the current California tax code place unconstitutional limits on domestic partners and members of same sex couples, according to Metro Weekly‘s political…