public finance
Public agencies withdraw from O.C. investment pool
By Admin - Posted on January 11th, 2008
Tagged: finance managers
• financial stewardship
• investment portfolio
• orange county
• public finance
Although the amount is small, the actions reflect continuing unease with Treasurer Chriss Street's financial stewardship. Four of the seven public agencies that voluntarily participate in Orange County's investment portfolio have withdrawn almost all their cash in recent months amid concerns over Treasurer Chriss Street, and others are reviewing whether to keep their money in the pool, according to public finance managers.