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The California Report

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Did Bad Bond Deal Help Sink Stockton?
There are many reasons why the city of Stockton is now in bankruptcy, but some think the now-defunct firm of Lehman Brothers helped push the city down the stairs. A recent article in the New York Times details a deal that Lehman sold to city leaders just as the economy was tanking.

School Suspensions Highlight Different Discipline Standards
UCLA researchers shocked the education community last spring when they found California public schools issued over 700,000 suspensions last year, mostly to black and Latino students. The study touched off a statewide effort to find out how schools apply discipline.

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