Government

Why would a hedge fund, with little healthcare experience, commit $100 million in capital and provide a $150 million loan, with interest, to a dying hospital system?  That's the question Attorney General Kamala Harris needs to answer correctly or thousands of jobs will evaporate and critical healthcare access for many residents will vanish.

In this week's meeting, from Nov. 16 - 20, the state's insurance department will be hearing a dispute over a rate increase by State Farm that Consumer Watchdog believes is unfair and overcharging customers by more than $200 million. In addition, the Public Utilities Commission was expected to decide if the Southern California Edison should be financially penalized over alleged improper communications tied to the San Onofre Nuclear power plant decommissioning.