Following up on an article I noted here, the San Francisco Chronicle offers Senator Rejects Charge, which begins: “A state senator whose campaign finances are under investigation denied Tuesday that he had done anything improper and accused a state regulatory agency of conducting a political witch hunt.”
Meanwhile, the Los Angeles Times reports that morgage lender Ameriquest sent some Democratic California legislators to the Pro Bowl in Hawaii. That’s the same Ameriquest that gave over $1 million to the California Recovery Team, Gov. Schwarzenegger’s candidate controlled ballot measure committee. (See Table 1 on page 22 here.) The Times reports that the company also gave $1 million to the California Republican Party. The article describes the company as the nation’s largest “high risk” mortgage lender and states that it is “accused by hundreds of customers of fraudulent sales tactics.”