The Orange County Register’s Peggy Lowe reports today that Treasurer Chriss Street has been cleared in a contract probe by County CEO Tom Mauk, but several county workers are disciplined after purchasing process violations. Go Figure. The executives at the top…
Tag Archive for Chriss Street
County Union on Street: The other shoe has dropped!
by Chris Prevatt • • Comments Off
Nick Berardino, GM of the Orange County Employees Association, has sent a letter to OC Board of Supes Chair John Moorlach weighing in on County Treasurer Chriss Street’s “Risky Investments.” Bottom line, he is again asking that the board remove…
Whistlejacket: Street’s risky investment of $80 million a loser
by Chris Prevatt • • 2 Comments
Last week I referenced a story in the OC Register by Ron Campbell about the failure of $80 million in “structured” investments the County has with a company called Whistlejacket. Today, the Register’s Ron Campbell reports that Street’s Whistlejacket troubles are getting…
Hey Street! How’s that whole “transparency” thing working for you?
by Chris Prevatt • • Comments Off
Last week I referenced a story in the OC Register by Ron Campbell about the failure of $80 million in “structured” investments the County has with a company called Whistlejacket. Today, as The Register’s Total Buzz reports that the Supervisors…
Experts: OC Likely to lose big on Street’s Investments
by Chris Prevatt • • 2 Comments
The Orange County Register’s Ron Campbell follows up today about the failure of one of the Structured Investment Vehicles (SIV) Whistlejacket. Chriss Street has invested $80 million in this investment which went into default last month. Orange County will probably lose some of…
Hate to Be A “Told You So”
by Bill Spaulding • • Comments Off
Tip of the hat to Red County/OC Blog for the latest episode of Treasurer-Tax Collector Chriss Street’s roller-coaster ride continues. The County of Orange has $80 million in a structured investment vehicle called Whistlejacket Capital. Unfortunately, Whistlejacket is in trouble.…
Wherein, those who can JUMP SHIP!
by Chris Prevatt • • Comments Off
The LATimes Christian Berthelsen reports today that voulntary investors to the County of Orange Investment fund heve been jumping ship. I thought Chris Street was being transparent? Why are we learning about this now and through a media investigation rather…
