Backers of California Financial Privacy Initiative Ready to Roll.
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Jul. 31–Backers of a financial privacy initiative said Wednesday that they’ve collected enough signatures to qualify it for the ballot. But in a surprise move, they promised to hold the signatures for three weeks to give state lawmakers a final chance to hammer out a bill instead. “There’s one last window of opportunity here, and it’s in everybody’s interest to come to a compromise,” said Dan Schnur, political consultant to the coalition of consumer groups that has backed the initiative. The coalition, led by Consumers Union and the AARP, said it had collected 550,000 signatures from registered voters, more than enough to place the measure on the ballot in March 2004. But the group said it would not turn i |