Tag Archive for Chriss Street

Primary Challenges for Orange County Democrats

In the Fourth District Supervisor contest to fill the unexpired term of recently elected Assemblyman Chris Norby, we have a full field of six candidates, three Republicans, and three Democrats in this technically non-partisan contest. On the Democratic side we have Anaheim City Councilwoman Lorri Galloway, La Habra City Councilwoman Rose Espinoza, and Buena Park Mayor Art Brown. On the Republican side there is Fullerton City Councilman Shawn Nelson, Anaheim City Councilman Harry Sidhu, and Businessman Richard Faher.

Chriss Street Drops Out – Beware the Ides of March

Campbell and board Chairwoman Janet Nguyen are sponsoring an emergency agenda item that calls for transferring Street’s investment authority to county Chief Financial Officer Bob Franz. “We just don’t believe it’s proper to have someone found guilty in court of breaching his fiduciary duty to be responsible for managing the county’s investment funds,”

Street’s Risky Business Catches Up With Him

On Friday, U.S. Bankruptcy Judge Richard M. Neiter on Friday ordered Orange County Treasurer-Tax Collector Chriss Street to pay more than $7 million in damages to the End of the Road Trust. Back before he was elected in 2006, Street was the trustee hired to close up the bankrupt Fruehauf Trailer Corp. from 1998 until…

OC Grand Jury: Street’s SIV Investments Imprudent

The Orange County Grand Jury has released a report on their review of Treasurer-Tax Collector Chriss Street’s investments in Structured Investment Vehicles (SIVs) HT Ron Campbell-OC Register. The Grand Jury concluded that “although SIVs are ‘facially’ compliant with the County’s policies, these investments should have been reviewed and challenged.” The report added that “the Grand…

Moorlach’s Risky Investments

Chriss Street fired off a press release Wednesday afternoon touting his wisdom and foresight. Seems he decided to reverse his previous position to “hold to maturity” the county’s investments in risky Structured Investment Vehicles (SIV’s).  In this case, Street decided to sell off the county’s holdings in the Sigma Financial SIV early. At the end…

Unmitigated Bullsh&t Findings Regarding Chriss Street

Author’s Note: For the record, the opinions and statements expressed in this post, and others I have written in the past, reflect my personal opinions and not those of any organizations or individuals with whom I may be presently or formerly affiliated. You’ve got to really love the fact that, as far as I can find, in his…

Street Gets Some Positive Recognition

I got this release on Monday from OC Treasurer Chriss Street’s office. It seems that the National Association of Counties has given Street a National Award for Innovation and Government Solutions. (Santa Ana, CA) – The National of Association Counties (NACo) has announced that the Orange County Treasurer’s Office has been awarded a 2008 National…