First Take: Follow the money

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Cathleen Decker looks at the unrealistic expectations of the California voter.

CalPERS is seeking to reduce the influence of placement agents, in the wake of recent rounds of bad press.

George Skelton analyzes the independent streak of California voters.

Steve Lopez opts for a fresh start with Mayor Antonio Villaraigosa.

Michael Hitlzik says lax regulation has hampered the progress of the state’s stem cell institute.

Today is the day political candidates have to file their campaign fundraising and spending reports with the California secretary of State. Be sure to stay tuned to PolitiCal for the latest on who’s getting, and who’s giving, the campaign cash.

Both the Assembly and Senate are scheduled to hold floor sessions today. You can stream them live on the California Channel website. In Emeryville, Calif., the State Lands Commission will meet to consider transferring some beachfront property in Malibu into state hands

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