CA Attorney General JERRY BROWN Issues SUBPOENAS in PENSION FUND CORRUPTION (Pensiongate, as Zuma Calls it)

I TOLD YOU, I TOLD YOU, I TOLD YOU, I TOLD YOU...

Thank you Governor-elect Jerry Brown. Antonio, YOU ARE TOAST MY MAN! Maybe Cuomo won't touch you, but Brown will FUCK YOU UP, SON!

And to the local media-losers, keep talking about the nutty small stuff with Walter on you silly little whiny talk shows. Zuma Dogg just SCHOOLED YOUR ASS ON THE BIGGEST THING EVER...AND I'M GOING TO CALL YOU PEOPLE "TOMMY" FROM NOW ON, BECAUSE YOU STOOD BY LIKE A DEAF, DUMB AND BLIND DUMMIES AND TALKED TO WALTER ABOUT NUTTY BULLSHIT THAT DOESN'T ADD UP TO ONE ONE MILLIONITH OF ANY OF THIS. HE'S NOT THAT SHARP! Why do you bore your audience with him now that the election is over?

Keep chasing your tails around nutty wackos. The whole city and now country sees who the real one is in this town. WAKE UP LAZY DUMMIES! Stop with the non-sense. You are making me too big of a legend in this town. I can't take it! HOW COME I AM THE ONLY ONE WHO IS RIGHT EVERY TIME ON ALL THE BIGGEST STUFF -- THAT ALWAYS SEEMS TO BE WAY OUT ON A LIMB UNTIL IT ALL PLAYS OUT IN REAL TIME.

SO PEOPLE BETTER WAKE UP IN THIS CITY! And if any professional media reporters want to know what is coming down the pike in the future, feel free to contact me. I will be glad to do your job for you, but from here on in, YOU have to contact ME. I'm not gonna bend over backwards to try and help you when YOU are getting paid, and I am broke and the streets running circles around your ass.

Subpoenas issued in pension fund corruption investigation

Atty. Gen. Jerry Brown is looking into 'placement agents' who help secure pension fund investment contracts for clients, often in return for millions of dollars.

By Michael Rothfeld and David Zahniser
May 23, 2009

Reporting from Los Angeles and Sacramento -- An ongoing investigation into pension fund corruption across the country intensified Friday as California Atty. Gen. Jerry Brown directed subpoenas at politically connected firms and individuals, according to sources familiar with the investigation.

Brown issued the subpoenas as part of a probe into "placement agents" who help secure pension fund investment contracts for their clients in return for large sums of money, often millions of dollars.

The subpoenas seek information on the use and disclosure of placement agents and potential conflicts of interest, said sources who spoke on the condition of anonymity because they were discussing an ongoing investigation. Brown's spokesman, Scott Gerber, declined to comment.

The subpoenas for documents were issued to Gold Bridge Capital and Wetherly Capital -- both run by former fundraisers for former Gov. Gray Davis -- as well as former pension official Sean Harrigan, according to sources. It was unclear which of the subpoenas had been served as of late Friday.

Brown pulled back on delivering a subpoena to equity investor and fund manager Elliott Broidy, after he volunteered to talk with the attorney general's investigators, a person familiar with the investigation said. Broidy and Harrigan, both appointees of Los Angeles Mayor Antonio Villaraigosa, recently resigned their posts on the Los Angeles Fire and Police Pensions board after they were contacted in a related U.S. Securities and Exchange Commission inquiry.

The nationwide probe began in New York, where Atty. Gen. Andrew Cuomo has indicted six people in an alleged kickback scheme involving placement fees in the New York State pension fund. That investigation spread to numerous other states, including California.

Wetherly Capital, a Los Angeles-based placement firm run by Dan Weinstein, was mentioned but not charged in the New York indictment, which said Wetherly paid $313,000 in fees to companies controlled by Hank Morris, an indicted political aide to former New York Comptroller Alan Hevesi.

Two weeks ago, former Wetherly employee Julio Ramirez Jr. pleaded guilty to securities fraud and agreed to cooperate in the New York investigation.

Gold Bridge, operated out of San Francisco and Sacramento by Darius Anderson, a prominent Capitol lobbyist, and his brother Kirk Anderson, has received at least $5.2 million in placement fees for deals with New York's pension fund and has received fees for investment deals at CalPERS, California's public retirement fund, and CalSTRS, a teachers' fund, documents show. Both Wetherly and Gold Bridge were subpoenaed by Cuomo three weeks ago for documents relating to their licenses.

Harrigan and Broidy stepped down from the Fire and Police Pensions board after receiving letters from the SEC. The letters asked Harrigan and Broidy to reveal any contact they may have had with three firms under review in the pension inquiry there.

They also were asked to identify all of their income since Jan. 1, 2005, and any money they may have earned from firms seeking business from their board. Broidy and Harrigan said earlier this month that they had committed no wrongdoing but believed they had become a distraction for the pension agency.

Broidy is the co-founder of Markstone Capital Group, a private equity firm in Los Angeles. When he stepped down from the Los Angeles board two weeks ago, Broidy said he was cooperating with various investigating agencies and had "never profited in any way" from his work overseeing the $11-billion investment portfolio. [THANK YOU Elliott for you selfless and thankless hard work overseeing the portfoilo that you drove into the ground with shell investments.]

Harrigan served as president of the Fire and Police Pensions board at the same time that he was working as a private consultant to companies that had business before his and other pension agencies. As a consultant, Harrigan has represented, among others, Wetherly Capital and Yucaipa Cos., an investment firm founded by supermarket magnate Ron Burkle.

Full article

One Magazine Picture ENDS Villaraigosa's Gubernatorial Hopes (A Picture Worth A Thousand Words)

Ya know, I can bang my head against the sidewalk typing hundreds upon thousands of words, detailing all of the reasons Los Angeles Mayor Antonio Villaragiosa cannot be allowed to advance to Governor of California in the 2010 election; attend hundreds of City Council meetings exposing the fraud, waste and abuse (corruption and racketeering) as broadcast over and over on TV; call into radio; and all the other related "alerting the masses" Zuma Dogg has been doing; along with every radio talk show host and insightful articles by news journalists and reporters...

But NOTHING just put the "kabash" on his chances for advancing his racket North to Sacramento as quickly than this one, simple picture and one single word.


But NOTHING just put the "kabash" on his chances for advancing his racket North to Sacramento than this one, simple picture and one single word. [Pictured: The design for Zuma Dogg's new T-Shirt for televised City Council meetings at City Hall.]

AND, by the time this pension scandal ("Pensiongate") gets rolling, now that Julio Ramirez has plead guilty to security exchange fraud in what is descirbed by New York Attorney General Andrew Cuomo as "money laundering" relating to transactions involving Dan Weinstein of Wetherly Capital and Hank Morris (who was arrested over these Pensiongate matters) we may see the Attorney General turn over the cast of city hall players the way Lorne Michaels turned over Saturday Night Live cast members in that bad 80's era after Eddie Murphy.

ALL THE CLUES, LEADS, NAMES AND FLAT-OUT TIES HAVE ALREADY BEEN BLOGGED, HERE, AT LA DAILY BLOG.com and if you REALLY want to become an expert and try and wrap your brain around the expansive scheme involving a few small circles of political financially elite that pull the strings of the puppets inside L.A. City Hall and elsewhere around country and are the ones responsible for having them drive L.A. into bankruptcy.

As I type this, expect to see Darius Anderson of Yuciapa and his pal Ron Burkle (formerly of the same firm and Ralph's Grocery store mogul), Ari Swiller (formerly of Yuciapa and currently pals with Villaraigosa) C.R.A. (Community Redevelopment Agency) Board Chairman William H. Jackson (long-time Wetherly attorney and managing partner "messer getter outter") who was appointed by Mr. Antonio Villaraigosa in 2005, along with Wetherly Capital's Richard Ziman & Dan Wetherly (of Jack Weiss Fundraiser Fame), Louis Moret; and many others may all add up to the biggest mayoral showdown in history between Zuma Dogg and Eric Garcetti in much less than four years from now, and NOT because Antonio will be Governor.

And if the New York Attorney General is going after L.A. business, don't you think California Attorney General Jerry Brown, who may in fact be running for Governor himself may look, or may already be looking into a situation that may CERTAINLY knock one of his (formerly) strongest competitiors (Antonio) out of the arena?

CHECK BACK TODAY FOR MORE AS I TRY AND GO THROUGH ALL THE COMMENTS AND MEMOS I HAVE AND TURN IT INTO A MORE READABLE STORY THAT CONNECTS SOME OF IT FOR YOU. BUT, check out the comment sections anyway, of all the related threads on this blog, because besided ZD, some other insightful and inside folks are sifting through an avalanche of internet information and posting the related and most relevant stuff.

AND REMEMBER, not to get political here, but you happen to have an opportunity to REALLY make sure you pull the plug on this racket THIS TUESDAY MAY 19th, as you can vote for Carmen Trutanich for City Attorney, instead of Jack Weiss, who held one fundraiser at Wetherly Capital's Ziman's HOME with Dan Weinstein as host; another fundraiser held by a convicted felon; and STILL has not returned the laundered drug money he raised from some other folks.

THIS GUY JACK WEISS IS RUNNING FOR CITY ATTORNEY AND HERE ARE THREE EXAMPLES OF ILLEGAL FUNDRAISING AT THE HIGHEST LEVEL!!! TOO BAD AL CAPONE ISN'T AVAILABLE!!! AND LOOK WHO IS PUSHING HARDEST TO BACK JACK WEISS...

It's Wetherly Capital, hot on the heels of one of their guys pleading "guilty" to what is described as money laundering with Wetherly, the firm tied to the pension commissioners who just lost $7 BILLION in L.A. City pension money in one year in risky "non-investment grade" investments, that will most likely bankrupt the city in a couple years, that may tie to Ron Burkle and shill financial capital firms that were really money laudering rackers, just like Zuma Dogg has been screaming about all along.

So I've been right about that, and I'm right that you cannot allow the guy having fund raisers held in their homes to become the next city attorney to not only try and keep it covered up, but perpetuate it.

AND URGENT WARNING: GET OUT THE WORD TO SHOW UP AT THE POLLS, ANY POLL, EVEN IF THEY HAVE TO VOTE "PROVISIONAL" TO VOTE FOR CARMEN TRUTANICH!
Tell them to look for "City Attorney" on the ballot and remember "True" for Trutanich!

This is not about just about the future of one City Attorney office (although a big and powerful office, of course), but the future of the entire city, and in this case entire state, in what I believe would become a crippling situation for the city under Weiss.

The more I see, the more I think this one's going all the way to the mayor's office and jack weiss is in the getaway car. Put up the spike strip this Tuesday.