Tag Archive for SIV Investments

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…