VIDEO: Former Governor and Former Movie Star Arnold Schwarzengger Gets PERSONAL, FACE-TO-FACE PUBLIC COMMENT by ZUMA DOGG (Over PENSION FRAUD)

TIMING IS EVERYTHING! As Zuma Dogg was walking down the street, he happened to bump into some no-heart, noodled-arm, pussy of his former self, Former State-Wrecker Arnold Schwarzenegger. WELL, as some of you may know, ZD HAS BEEN WAITING TO GIVE THAT SISSY-HEART A PIECE OF MY MIND OVER PENSION FRAUD.

Last time I was face to face with the former legend, I warned him of Wetherly Capitial's Julio Ramierz. LATER THAT DAY, Ramierz plead GUILTY to SEC fraud relating to pension money in his role at Wetherly with Dan Weinstein. So luckily, ZD was able to give Arnold a little follow-up, recap.

And the REAL TIMING was on Matt Dowd's part, who happened to be driving by, saw ZD screaming at the former Governor, and hopped out with his cell phone to capture the tail end of the rant. At first, Arnold was smiling and enjoying ZD making fun of all the pension-pilferers like Ramirez, Ziman, Weinstein, et al...until I accused HIM of hoppin' right on the shady bandwagon.

That's when the coward ran away like the sissy that he is. HEY, PUNKENEGGER...can't say I wasn't willing to say it to your FACE...

AND, we were actually toe to toe at one point, before his "bodyguard" warned me not to cross onto the retail store parking lot. HEY SCHWARZENEGGER...tell your monkey-boy he doesn't run security at the mall, and next time, I'LL FEEL QUITE FREE TO CROSS THE LINE AND TAKE ONE STEP CLOSER, PAL.

To sum it up: It felt pretty good to give that chump-ass, had-no-right-to-get-into-politics-cause-he-had-no-heart, loser of a former Governor, former movie star and former anything else, a piece of my mind while he had to take it and his sissy bodyguard tried to enforce mall security. LOL!



COMING NEXT: When is CURRENT GOVERNOR going to do something about California pension fraud. He has the file. He knows what happened. When is he going to deliver some indictments and clean this mess up. JERRY BROWN...I've sure exposed the entire pension fraud scheme and named all the players...and I don't know anything YOU don't know...the people are getting itchy...WHEN ARE YOU GOING TO STEP IN!!! ANDREW CUOMO DID THE RIGHT THING AND DID THE JOB HE WAS ELECTED TO DO. WHEN ARE YOU GOING TO DO THE JOB YOU WERE ELECTED TO DO AS ATTORNEY GENERAL. You've been re-elected...you don't have to worry about political fallout for re-election...INDICT THE CRIMINALS THAT STOLE THE MONEY THAT BANKRUPT THIS STATE!!! WHAT THE FUCK DO YOU DO ALL DAY, JERRY??? YOU ALREADY HAVE THE FILE??? MAKE THE FUCKING INDICTMENTS!!!! DON'T EMBARRASS YOURSELF, JERRY BROWN!!! I'M MAKING YOU LOOK UNINFORMED AND IGNORANT.

More CalPERS Board Member Shadiness Revealed by Sacramento Bee (Not L.A. Times, of course) And YES, Dan Weinstein/Wetherly Capital In Mentioned

Former CalPERS board member helped steer $1.4 billion to equity firms

Tuesday, Jun. 9, 2009 - Sacramento Bee

CalPERS has invested more than $1.4 billion with private equity firms that hired a former CalPERS board member to represent them.

Arvco Capital Research of Stateline, Nev., whose chairman, Alfred Villalobos, served on CalPERS' governing board in the 1990s, calls itself one of the world's top "placement agents" – and has been among the most successful at attracting investment business from the California Public Employees' Retirement System.

Arvco clients have obtained seven commitments from CalPERS totaling more than $3.3 billion since 2006, of which more than $1.4 billion has been invested so far, according to CalPERS records.

Placement agents – middlemen paid to open doors for private equity firms and other money managers – are at the center of a multistate investigation into public employee pension fund corruption.

A former employee of another placement agent firm – Wetherly Capital Group in Los Angeles, which has successfully represented clients before CalPERS and CalSTRS – has pleaded guilty to paying fees to a New York political operative who has been charged with selling access to his state's pension fund. Dozens of subpoenas have been issued by New York Attorney General Andrew Cuomo and his California counterpart, Jerry Brown.

Five of CalPERS' seven investments with Arvco clients have lost money so far, according to staff reports, although experts say it's typical for private equity deals to do poorly in the early years. No performance data were available for two of the deals.

The records show CalPERS accepted fewer than 10 percent of the proposals made by private equity firms represented by placement agents.

Two placement agents stand out for their success rates on behalf of clients. Arvco scored on seven of eight investment pitches. Wetherly Capital won CalPERS' business six times out of ten.

Wetherly, headed by Democratic fundraiser Daniel Weinstein, is being investigated in New York and California but says it has done nothing wrong.

As for its track record with CalPERS, Weinstein said his firm's records show that Wetherly clients obtained business from CalPERS nine times out of 30 – figures that conflict with CalPERS' records.

Either way, Wetherly is among the best at placing CalPERS' business. Weinstein said his firm represents only the top private equity firms.

Villalobos' firm has bragged of its prowess as a placement agent. In a statement distributed for a green-technology investment conference that Arvco co-sponsored last summer in New Delhi, India, the firm described itself as "one of the five major private capital placement agents in the world" and said it had secured more than $16 billion since 1994.

Villalobos' dealings with CalPERS have generated controversy before.

After serving on CalPERS' board from 1993 to 1995, he approached the big pension fund in 1997 on behalf of Dallas private equity firm Hicks Muse Tate & Furst, The Bee reported at the time. Villalobos was able to lobby CalPERS legally because he'd left the pension fund more than a year earlier.

The board approved a $100 million investment with Hicks Muse. The vote was highly unusual because the board overruled its staff, which had concerns about the deal and recommended against the investment.

Three years later, the board turned down a $250 million investment pitched by Villalobos on behalf of CIM Group of Los Angeles because the deal hadn't yet been reviewed by CalPERS staff. Eventually, the staff recommended a $50 million investment and the board agreed.

In 1993 Villalobos resigned as Los Angeles' deputy mayor for economic development after the Los Angeles Times reported that he had suffered huge gambling losses and filed for personal bankruptcy in the 1980s.

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Alfred Villalobos, a former deputy mayor to Mayor Richard Riordan, has listed his compound in a Woodland Hills gated community at $3.6 million.

Villalobos was five months into his job as chief deputy in charge of economic development in 1993 when he resigned, to spend more time with his children and grandchildren, he said at the time.He was the second of five deputy mayors to leave the Riordan administration.