[quote=westwood]If I were an ambitious prosecutor, I’d dig a little into the relationship between the Orange County financier who is arranging the loans, the bondholders, and the goverment folks who are authorizing these bonds.
I thought there was still development going on on the West side of the PUSD, vacant lots at Santaluz and more to be built in Del Sur, at a minimum. Is that not the case? Still an ugly deal, just curious.[/quote]
Definitely need to do this. Might want to check out any/all relationships with the developer(s) as well, as those costs seem very inflated to me.
This is why I keep saying that the #1 place to look for fraud in govt spending is where public money and private corporations intersect. This is where 90% of the fraud and abuse occurs.
