Posted by Adam D. Probolsky at 12:00 am on Aug 23, 2007 Comments Off on Moorlach to County Treasurer: Resign
Orange County Supervisor and legend who predicted that his
predecessor would bankrupt the county coffers, John Moorlach has
asked his successor to resign.
For more than a decade Moorlach served in the post of Orange
County Treasurer-Tax Collector after having been appointed by the
Board of Supervisors to fill out the term of Bob Citron, the now
infamous County Treasurer who bankrupted the county through risky
investments.
Last year Moorlach was elected to the Board of Supervisors and
his successor, Chriss Street eased into office with limited
opposition. But Street had been dogged by allegations of
fraud in his dealing as a trustee for a bankrupt trucking
concern.
Recently it has been reported that Street is under investigation
by Federal authorities as well as the District Attorney.
Although it is unclear what the investigations are about.
Orange County looks to Moorlach for guidance on everything
related to public finance and he is an honorable man who is known
for his integrity. So when he points the finger, people
listen.
Next: The Orange County Board of Supervisors meets on Sept. 11
to discuss whether to pull investment authority… Read More