Let’s Twist Again

Banks struggle with large debt and minimal borrowers

The Federal Reserve calls it Operation Twist, named after the 1961 Chubby Checker hit that sparked gyrating hips in dance halls across America. That was also the first year the Fed embarked on a mission to purchase long-term Treasury notes in an effort to drive down interest rates on long-term loans.

Feb 1, 2012 Allen Young

Contract Killer

Local businesses struggle with dwindling government deals

Companies in the Sacramento region have long counted on government contracts to smooth out the gyrations of economic cycles. Local, state and federal governments had deep pockets and a seemingly unending appetite for goods and services.

Companies in the Sacramento region have long counted on government contracts to smooth out the gyrations of economic cycles. Local, state and federal governments had deep pockets and a seemingly unending appetite for goods and services.

Feb 1, 2012 Robert Celaschi

Redistrict Remix

New district lines mark big opportunities

This year, for the first time in a decade, California is likely to see seriously contested races for Congress. That is because the new Citizens Redistricting Commission dismantled the 2001 congressional gerrymander that kept almost all districts safe for incumbent parties.

Feb 1, 2012 Tony Quinn

Compensation Boomerang

An overcorrected workers' comp system seeks balance

In 2003, California’s workers’ compensation rates led the nation, setting off a debate about the cost of doing business here. Enter former Gov. Arnold Schwarzenegger and his sweeping 2004 reforms to the system — everything from disability payments to medical care guidelines to return-to-work benefits got an overhaul.

Jan 1, 2012 Samantha Bronson

Public Private Life

Acuity with Steve Hansen

Steven Hansen, 32, is a senior regional manager at California-based biotechnology company Genentech Inc. He is a neighborhood representative for the Downtown Sacramento Partnership board of directors and was one of 15 city residents selected to serve on the Sacramento Redistricting Citizens Advisory Committee. Last November, Hansen announced his run to become Sacramento’s first openly gay council member in the newly aligned District 6.

Jan 1, 2012 Douglas Curley