Calif. Finance Director To Step Down - Politics News Story - KCRA Sacramento:
"SACRAMENTO, Calif. -- California Finance Director Mike Genest said Monday in e-mail that he is stepping down from his post.
Genest is leaving after one of the worst financial crisises California has ever faced.
'The state we serve has gone through some difficult times lately,' Genest said in a message to fellow staff members.
'As we continue to sort out our fiscal situation, this department will be instrumental in leading the state through the challenges that remain ahead,' Genest said in his message.
Sources tell KCRA 3 that Genest will retire by the end of the year."
"SACRAMENTO, Calif. -- California Finance Director Mike Genest said Monday in e-mail that he is stepping down from his post.
Genest is leaving after one of the worst financial crisises California has ever faced.
'The state we serve has gone through some difficult times lately,' Genest said in a message to fellow staff members.
'As we continue to sort out our fiscal situation, this department will be instrumental in leading the state through the challenges that remain ahead,' Genest said in his message.
Sources tell KCRA 3 that Genest will retire by the end of the year."