Zuma Dogg’s Del Mar Retreat…HELLO WETHERLY CAPITAL AND RACKETEERING CRONIES!

Welp, it’s been nearly half a day, but I STILL haven’t heard that long-time Wetherly Capital attorney, William H. Jackson has stepped down as Chairman of the CRA (Community Robbing A-holes), yet, even though it IS Saturday.

And although that’s no excuse, Zuma Dogg decided to take a vacation until Monday, since it looks like he probably won’t be resigning over the weekend, so here is a postcard from the ocean front art gallery studio I booked for my retreat.

But unfortunatley, corruption and racketeering never takes a vacation, so neither can Zuma Dogg. So instead, I’ll just be uploading a lot of documents from my roomate’s computer (pictured), who a few of you inside billionaires may recognize.

Ah yes, Felix and Oscar it is, indeed. Yes…take a good look at him, you international movers and shakers! There he is! He looks GOOD after all these years, doesn’t he? (And, NO, that is NOT Harvey Levin.)

Anyway, HEY ANOTNIO…you want to take this all the way, don’t you! LOSE THE WETHERLY GUY!

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21 thoughts on “Zuma Dogg’s Del Mar Retreat…HELLO WETHERLY CAPITAL AND RACKETEERING CRONIES!

  1. ETHICSFormer L.A. pension board member may have broken ethics lawKelly Candaele got $1,000 in campaign funds from a Wetherly Capital Group executive after voting for the board to invest in a Wetherly client’s project. Attorney says Candaele didn’t know of the link.By David ZahniserMay 16, 2009A pension board appointee of Los Angeles Mayor Antonio Villaraigosa may have violated city law by accepting a campaign donation from a Los Angeles businessman whose client sought a $10-million investment from the board.Kelly Candaele, who served until three weeks ago on the board of the Los Angeles City Employees’ Retirement System, received $1,000 on Dec. 2 from Dan Weinstein, managing director of Wetherly Capital Group. That firm pitches investments to city and state pension boards.The city’s ethics law bars commissioners and board members from accepting or soliciting campaign contributions from anyone who had business before them in the previous 12 months. The law also applies to contributions from those who represent companies seeking board business.Candaele voted to invest in a Wetherly client twice last year. Months later, he took a contribution from Weinstein for his campaign for reelection to the Los Angeles Community College District board.Stephen Kaufman, Candaele’s attorney, described Candaele as an ethical public servant who was unaware he had voted on a Wetherly client before taking the contribution.”He makes it a point to familiarize himself with the laws governing his conduct as a public official,” Kaufman said.Candaele voted May 27 and June 24 to allocate up to $10 million in Bond Cos., a real estate fund. Since then, Bond Cos. has had difficulty carrying out plans for Blossom Plaza, a seven-story residential project planned for Chinatown.The developer, Chinatown Blossom Plaza, filed for Chapter 11 bankruptcy protection two months ago.Although the pension board approved the investment, no contract has been executed so far between the city and Bond Cos., Wetherly officials said.Villaraigosa asked Candaele to resign from the city’s seven-member pension board three weeks ago, after The Times inquired about a fundraiser that Candaele held for Councilman Jack Weiss’ campaign for city attorney. Under city law, commissioners are barred from hosting campaign fundraisers for city candidates.Candaele co-hosted the Weiss event with Weinstein and Richard Ziman, an advisor to Wetherly Capital at the time. In recent weeks, Ziman ended his affiliation with Wetherly, a company spokesman said.As a community college board member, Candaele held his own reelection fundraiser on Dec. 2, receiving $1,000 from Weinstein and $1,500 from Ziman. The event featured such hosts as Villaraigosa, State Sen. Gil Cedillo (D-Los Angeles) and Councilwoman Wendy Greuel.Weinstein’s firm has been a subject of interest over the last two months for New York Atty. Gen. Andrew Cuomo, who has been investigating allegations of kickbacks in the New York pension fund.On Tuesday, former Wetherly employee Julio Ramirez Jr., a San Marino resident, pleaded guilty to securities fraud and agreed to cooperate with Cuomo.Weinstein said previously that Wetherly was cooperating with investigators. In a statement, he said Candaele was “totally honorable” and would have recused himself had he thought there was any possible ethics violation.Weinstein also confirmed that he serves on the board of a nonprofit group, More Than Shelter, which has paid Candaele to create tribute videos about honorees for its annual awards dinner.Weinstein said Candaele, who works in video production, did the job at his own cost and did not make any money from the banquets, the most recent of which was held Thursday.In addition to his educational duties, Candaele has worked for the Democratic Party’s State Central Committee. He received nearly $20,000 over the last year from the committee for video production work, according to interviews and campaign records.

  2. The University Challenge grand prize winner was announced by LosAngeles City Council President Eric Garcetti on May 15 at an awardspresentation in Santa Monica, Calif. A group of judges — comprised of Gwynne Pugh of Pugh + Scarpa Architecture, Stephen Tomlinson of Kirkland & Ellis LLP, Greg Reitz of the City of Santa Monica, Bharat Patel of the Los Angeles Chapter of the U.S. Green Building Council and Vicky Schiff of Wetherly Capital Group – selected the grand prize winner following oral presentations and questions and answers

  3. Wetherly Capital emerging as leading fund placement firm.By Berry, KatePublication: Los Angeles Business JournalThe intersection of business and politics has been a profitable one for Dan Weinstein, managing director of Wetherly Capital Group. The Brentwood firm has emerged as one of the top 10 placement agents in the United States, raising $1.5 billion from large pension funds like the California Public Employees' Retirement System. Placement agents are politically connected matchmakers who help hedge funds, private equity firms and real estate funds attract investments from public and private pension funds. Weinstein, one of three managing partners at Wetherly, has raised money for nearly a dozen private funds, including Ares Capital Management, Freeman Spogli & Co., billionaire Ron Burkle's Yucaipa Cos. and Aurora Capital Partners, whose founder, Gerald Parsky, led President Bush's reelection campaign in California. Weinstein has been a longtime Democratic fundraiser, working for former Gov. Gray Davis and former dtate Treasurer Kathleen Brown. But he says he's strictly non-partisan. "If we think a firm has a strong team and an impressive track record and investment strategy, then we can believe in them," he said. "With so much competition out there, all of these funds are competing for money and they need someone who is going to advocate on their behalf." Independent placement agents are the underdogs in a field long dominated by investment banks such as Merrill Lynch & Co. and Credit Suisse First Boston. But they have made progress in the past five years, as pension funds change their investment mix. The funds are reducing their exposure to stocks, where Wall Street firms have an advantage, while increasing investments in alternative asset classes like real estate. A survey of 125 global pension fund managers by consulting firm Watson Wyatt found that investments in private equity, which includes real estate and hedge funds, jumped 14 percent last year to $17 billion. Private equity funds now account for $193 billion of pension fund assets, or 19 percent of the total $1 trillion invested in alternative asset classes. Sean Harrigan, who was ousted as president of Calpers' board last year, said placement agents have taken over the job of marketing private equity funds, leaving the critical work of investing the assets to the general partners. "They can be an asset for the (pension) staff who are doing due diligence and screening various proposals," he said. Weinstein says he had "an epiphany" after the 1992 Los Angeles riots, when he was working as a political director for the United Food and Commercial Workers union in Los Angeles. At the time, a supermarket in South Central had nearly burned to the ground and Burkle was part of a team that rebuilt the shopping center with union and community labor. "I realized then that there was a way to rebuild the community by creating jobs and bringing capital to an area that was starved for it," said Weinstein. Burkle hired him as an advocate to help bring investments to Yucaipa. After a few years, Weinstein gained other well-heeled clients such as Mike Steed, a former Democratic National Committee official who is managing director at Paladin Capital Group in Washington. Steed, a former executive at Ullico Inc., was an early investor in Gary Winnick's Global Crossing Ltd. Steed and labor officials came under fire for profiting from stock sales before Global Crossing went bankrupt. Mario Giannini, chief executive of Philadelphia-based money management firm Hamilton Lane, said placement agents like Wetherly Capital provide an extra layer of due diligence. Calpers launched an investment program in 2002 to make investments aimed at revitalizing underserved urban and rural markets. To that end, Wetherly Capital worked to tailor the pitch of Henry Cisneros' American CityVista and City View, a joint venture with Santa Monica-based Saybrook Capital that wants to build affordable housing for the working class. Wetherly has 12 employees and is opening an office in New York with the intention of courting the corporate pension funds of General Electric Co., DuPont Co. and others. The firm earns money by taking a percentage of the amount raised for each client. The partners still keep a foot in politics. Weinstein was finance chair for Bob Hertzberg's mayoral campaign, and was a Davis appointee to the California State University Board of Trustees before Gov. Arnold Schwarzenegger removed him as one of his first official acts. Another managing director at Wetherly, Vicki Schiff, is a commissioner of the Los Angeles City Employees' Retirement System, and Wetherly Director Peter Borges is on the board of Genesis L.A. Economic Development Growth Corp. As with so many issues involving money and politics, there may be no way to separate relationships from party affiliation. "You have to be connected on both sides of the aisles," said Borges, former president of Retail Initiative Inc., which pioneered shopping center development in urban markets during the 1990s. "When you're dealing with public funds, first and foremost, you're looking for someone who can actually get the job done."

  4. In 2002 Sean Harrigan removed by Arnie?The partners still keep a foot in politics. Weinstein was finance chair for Bob Hertzberg’s mayoral campaign, and was a Davis appointee to the California State University Board of Trustees before Gov. Arnold Schwarzenegger removed him as one of his first official acts.

  5. Hmmmm. Peter Borges? Director Genesis L.A. Economic Development Growth Corp.Genesis LA Raises Over $100 Million for Underserved Neighborhoods.Publication: Business WirePublication Date: 09-JUL-02 The new fund was announced Tuesday at the East Los Angeles Sears building, one of the Genesis sites. City officials also heralded a $1- million contribution from Kmart to the nonprofit Genesis L.A. Economic Growth Corp. The retailer is reviewing Genesis sites for one or more new stores, said Rockard Delgadillo, deputy mayor for economic development.The nonprofit also has helped convince corporate investors and banks to channel $85 million into the Genesis L.A. Real Estate Investment Fund. The fund is privately managed by Burbank-based Shamrock Holdings Inc. and invests in developments in low- to moderate-income parts of the city. It is not limited to investing in Genesis sites, but [Deborah J. La Franchi] said Shamrock managers are reviewing three Genesis proposals.

  6. Rosenberg to Lead Genesis LABusiness Wire , Sept 30, 2003 LOS ANGELES–(BUSINESS WIRE)–Sept. 30, 2003Genesis LA Economic Growth Corporation has announced the appointment of Brad Rosenberg as its chief executive officer.”Brad Rosenberg’s extensive business background, including as an entrepreneur, developer and non-profit leader, will enhance Genesis LA’s mission to improve Los Angeles’ poorest neighborhoods through smart, job producing growth initiatives,” said Thomas Harnsberger, chairman of the board of directors.Most recently, Rosenberg served as interim CEO and president of Health Research Associates, Inc., the manager of medical research grants for the USC + LA County Medical Center. He acted as interim CEO for Jewish Big Brothers Big Sisters of Los Angeles in 2002, has served on the organization’s board since 1967 and is currently its chair. His development experience includes top positions at Cassa, Inc., the Johnston Group and SBR Investments, Inc. From 1995-1999 Rosenberg was president of The Upper Crust, Ltd., a manufacturer of headwear.

  7. ISRAELI LINK TO PENSION SCANDAL (NY Dems kickback scheme has whiff of Madoff)NY POST ^ | 4/24/09 | FREDRIC U. DICKER State Editor. Additional reporting by Yoav Gonen Posted on Friday, April 24, 2009 8:23:10 AM by LizEXCLUSIVE The explosive probe of NY state's pension fund may find payments by an Israeli company kicked back to indicted political guru Democrat Hank Morris…….Israel-based Giza Venture Capital paid DAV-Wetherly Financial, LA, a substantial finder's fee after it got to manage $20M in state pension funds in 2005……DAV-Wetherly, in turn, secretly gave part of the fee to Searle & Co, Conn…… NY AG Andrew Cuomo, has charged that Morris used Searle to illegally get $15M in kickbacks. Giza was given the contract as part of ousted Democrat Comptroller Alan Hevesi's efforts to pursue "investment opportunities" with Israeli-based companies. But the Israeli deal was finalized only after Giza agreed to hire DAV-Wetherly (named in Cuomo's 123-count indictment of Democrat Morris). Cuomo wants to interview Giza execs………. Giza's web site says it manages about $600 million…….executives in Israel did not respond to reporters' requests for comment. A spokesman for DAV-Wetherly, headed by prominent Democratic contributor Daniel Weinstein, had no comment.

  8. Billy Ayers daddy sat on the board of Searle and Co. I remember the old Searle made food additives like the swwetner and did some pharamaceuticals. I wonder if this is the same Searle.Ezra Merkin is a crook like Madoff.

  9. Giza Venture Capital paid DAV-Wetherly Financial, of Los Angeles, a substantial finder's fee after it got authority to manage $20 million in state pension funds in 2005, sources said. … DAV-Wetherly, in turn, secretly gave part of the fee to Connecticut-based Searle & Co., one source said.Color me corn-fused???? Dav- Wetherly Financial, L P11601 Wilshire Blvd # 300, Los Angeles, CA 90025-0509Location Type: Single LocationEst. Annual Sales: $68,000Est.# of Employees: 1????????A one man company with $68K in annual sales all of a sudden gets a mutli-million dollar deal?!? I don't think so! This reeks of ILLEGAL KICKBACK. Sheesh. Even the overtly crooked IL and Chicago pols (aka: The Combine) wouldn't be so dumb to do a thing like this. And that's saying something, they'd sell their own mother for a buck.

  10. ZUMA BABY, N-i-c-e find. The crooks setup a sham LA company—-Dav- Wetherly Financial, LP—-to launder the pension money……….. BTW, speaking of dumbo Dem Chicago pols (aka: The Combine) who would sell their own mother for a buck….have you heard? In May 2004, Feinberg’s “private investment group,” Cerberus Capital Management, LP (Cerebrus is the three-headed dog that guards Hades), became majority owner of IAP Worldwide Services, Inc, one of the US Army’s largest contractors in Iraq. In Afghanistan, Feinberg’s IAP runs a drug/addiction center” in Kunduz—Kunduz is the largest opium supplier in the world.Very sinister, interwoven, links. The drugs mafia are an international cartel of astonishing power. No government can take them down. And it now seems that governments are giving them free gifts of billions of tax payers money.

  11. Israel-based Giza Venture Capital paid DAV-Wetherly Financial, LA, a substantial finder's fee after it got to manage $20M in state pension funds in 2005… DAV-Wetherly, in turn, secretly gave part of the fee to Searle & Co, Conn… NY AG Andrew Cuomo, has charged that Morris used Searle to illegally get $15M in kickbacks. Giza was given the contract as part of ousted Democrat Comptroller Alan Hevesi's efforts to pursue "investment opportunities" with Israeli-based companies. But the Israeli deal was finalized only after Giza agreed to hire DAV-Wetherly (named in Cuomo's 123-count indictment of Democrat Morris)… A spokesman for DAV-Wetherly, headed by prominent Democratic contributor Daniel Weinstein, had no comment.

  12. ***Feb 19, 2001 – After a few lean years in Riordan’s first term, a booming national economy has helped propel Los Angeles’ economic growth. … Then two years ago, the administration launched Genesis LA, a campaign to recruit development and channel private financing to 21 ***Jul 9, 2002 – Genesis LA Economic Growth Corporation, not-for-profit organization, announced today that its family of funds has now raised over $100 million targeted for economic development in Los Angeles’ poorest neighborhoods. In partnership with some of the country’s largest companies***Apr 28, 2004 – Genesis LA Economic Growth Corporation links public and private financial and human resources to spur economic development in disadvantaged urban areas. It is a non-profit organization supported by contributions, contracts and grants. ***Jun 30, 2005 – Promoting economic growth involves both playing to our strengths and bolstering areas in which we are weak. The road map is, in many ways, already in place. In its forecast for 2005, the Los Angeles Economic Development Corp. ***Feb 24, 2006 – Genesis LA Economic Growth Corp., a private, nonprofit group based downtown, announced Thursday that it will partner with the Economic Alliance of the San Fernando Valley and the Valley Economic Development Corp. Genesis brings with it access to tens of millions of dollars in funds***Jan 8, 2007 – In September, capital partner Genesis LA Economic Growth Corp. provided the project with a $16 million allocation from the New Markets Tax Credits program. Genesis LA, a non-profit economic development company that invests in urban areas, has committed to using $30 million ***Jan 2, 2008 – At the time, former Mayor Richard Riordan had made a goal of revitalizing downtrodden properties, and he launched Genesis LA Economic Growth Corp., a nonprofit corporation to help finance economic development projects in low-income communities. Developer Randall Roth made the pitch to …

  13. VILLARAIGOSA PROMISES AND DELIVERS2006Mayor Villaraigosa announces $65 million pension fund investment in Workforce HousingLos Angeles –Following the narrow defeat of Measure H, Mayor Antonio Villaraigosa announced an innovative public-private commitment to create housing developments for middle-income families across the greater Los Angeles area. Investments will target housing affordable to Los Angeles’ middle-income workforce, including teachers, firefighters, and nurses. Mayor Villaraigosa was joined by executives from LA’s largest public pension funds – Los Angeles City Employees Retirement System (LACERS); Los Angeles County Employee Retirement Association (LACERA); Los Angeles Department of Fire and Police Pensions (LAFPP) – to announce the commitment of a combined $65 million in Genesis Workforce Housing Fund II, a private equity real estate fund managed by Phoenix Realty Group that will create workforce housing developments targeted toward middle-income families across the greater Los Angeles area. “If we want good schools and safe streets, we need to commit ourselves to making Los Angeles a place where a teacher or a policeman can afford to buy a house and raise a family,” said Mayor Villaraigosa.The Genesis Workforce Housing Fund II is being created following the success of Phoenix Realty Group’s (PRG’s) $103-million Genesis Workforce Housing Fund (Genesis I), which was launched in March 2003. Genesis I was the first institutional source of capital to focus solely on for-sale and rental housing for the middle-income workforce in the greater LA area, and it has already invested in more than a dozen projects in Los Angeles offering for-sale and rental housing. The new Genesis II fund, when fully invested at $150 million, will supply 2,250 housing units valued at $750 million across greater Los Angeles. These homes are predominantly for first-time buyers making from 80 to 200 percent of the region’s median income.“We are proud to be spearheading the effort to invest in Genesis Workforce Housing Fund II,” said Eric L. Holoman, president of LACERS board of administration. “First and foremost, it meets our investment goals as a strong fund with an experienced fund manager. At the same time, it promotes workforce housing, a critical component of continued economic growth throughout the greater Los Angeles area.”“The fund is an excellent addition to our investment fund portfolio, with attractive, risk-adjusted returns that earned the recommendations of our real estate investment consultant and our board,” said Sean Harrigan, President, Board of Commissioners, LAFPP. “It’s a win for both the LAFPP and for current police officers, firefighters and other city workers seeking high-quality, affordably priced, entry-level homes in neighborhoods close to their jobs.”“We are pleased to be part of a team that can put together targeted real estate deals in urban and infill areas of Los Angeles, meeting our investment objectives while demonstrating the careful due diligence, asset management and financial reporting we need to serve our members,” said Lisa Mazzocco, Chief Investment Officer, LACERA.“The first Genesis Workforce Housing Fund has shown that institutional investors can create real value in urban areas and make socially responsible contributions to the community,” said J. Michael Fried, PRG chief executive officer. “By committing $65 million to the formation of the new Genesis II, these three Los Angeles pension funds are clearly demonstrating their commitment to providing housing for working families in Southern California.”PRG president Keith B. Rosenthal added, “This fund will allow us to connect the Los Angeles pension fund investors with community-based developers, aggregating middle-market investments in an institutional-size portfolio.”The benefits extend to the general public as well, noted Xavier Gutierrez, PRG senior vice president. “We estimate that the fund’s developments will yield $27 million in sales tax revenue, annual property tax revenues of more than $1.3 million and more than 3,750 construction jobs.”The press conference was held at Puerta del Sol, a workforce housing community that is the fastest-selling new housing development in Los Angeles County and represents the type of development that will be funded with city and county pension investments. Phoenix Realty Group financed Puerta del Sol through the first private equity real estate fund solely targeting workforce housing development in greater Los Angeles.# # #Editor’s Note: To view an example of the type of workforce housing to be funded by the Genesis Workforce Housing Fund II, click on the links to see images of Puerta del Sol, a 165-unit condominium/loft community in Los Angeles that received a direct investment in 2004 from the first Genesis Workforce Housing Fund. Puerta del Sol opened November 11, 2006.www.phoenixrg.com/editors/puerta-ext-photos1.jpgwww.phoenixrg.com/editors/puerta-ext-photos2.jpgwww.phoenixrg.com/editors/puerta-ext-photos3.jpgwww.phoenixrg.com/editors/puerta-int-photos1.jpg

  14. Los Angeles Fire and Police Pension Fund Supports Middle-Income HousingLos Angeles area middle-income families will soon have a better chance at affordable housing. In a public-private commitment incorporating the support of several of LA’s largest public pension funds, including the Los Angeles Department of Fire and Police Pensions (LAFPP), Mayor Antonio Villaraigosa has announced the development plans for the Genesis Workforce Housing Fund II, a fund expected to make waves in the greater Los Angeles area. The Los Angeles Department of Fire and Police Pensions, the Los Angeles City Employees Retirement System (LACERS), the Los Angeles County Employee Retirement Association (LACERA) and the office of the Los Angeles Mayor have joined forces in a combined $65 million commitment dedicated to the Genesis Fund. The fund largely targets the providing of housing for middle-income workforce members such as teachers, firefighters, and nurses. Los Angeles is a city that depends on its civil servants and middle-income workforce to keep the city successful and thriving. Making sure that such valuable members of society as teachers, firefighters, and nurses are able to live comfortably in the city they support is a necessity. The Phoenix Realty Group-managed Genesis Workforce Housing Fund II is a private equity real estate fund that follows in the footsteps of its widely successful precursor, Genesis Workforce Housing Fund (Genesis I). Launched in 2003, the $103 million Genesis I fund focused on for-sale and rental housing, and had invested in many housing projects throughout the greater Los Angeles area. Its successor, Genesis II, will supply over 2,000 housing units (a $750 million market value) to deserving middle-income families across Los Angeles County. Why has the Los Angeles Fire and Police Pension Fund gotten involved? Sean Harrigan, President of the Board of Commissioners of the LAFPP, called the Genesis II fund a “win-win.” The fund is a profitable investment for the LA Fire and Police Pension with its well-regarded risk-adjusted returns. The LA Fire and Police Pension’s financial advisors and real estate consultant approved the LAFPP’s involvement, calling it a financially sound investment. Furthermore, as a pension fund composed of members of the LA Police Department, the LA Fire Department, and their families, the LAFPP’s involvement in Genesis II allows the fund to support the same middle-income city workers making up their ranks.

  15. Phoenix Realty Group Announces Closings of $470Million Investment in Urban Real Estate Funds.Publication: Business Wire Date: Wednesday, January 30 2008 * Leading Pension Funds Complete Capitalization for Urban-focused Private Equity Funds NEW YORK & LOS ANGELES — Phoenix Realty Group (PRG) today announced it has completed the capitalization of two real estate private equity funds with a total of $470 million invested by some of the country's largest public pension funds and insurance companies. These latest fund closings now bring the total PRG urban fund capitalization to $725 million, which is being leveraged to create $3.5 billion in market-rate rental and for-sale housing, mixed-use properties, and commercial developments in urban and infill areas nationwide. Investors in this latest round of funding included the New York State Common Retirement System, the New York City Employee Retirement System and TIAA-CREF Global Social and Community Investments. "Closing these funds at this time demonstrates that investors endorse our long-term strategy, which can weather changing cycles and deliver solid returns on investment," said J. Michael Fried, chief executive officer of PRG. "These investments will build on the successes we have had with prior funds and maintain our position as a strong and opportunistic investor." "With the addition of these institutions to our investor group, we are proud to have the support of many of the most prominent public pension funds, insurance companies and banks in the country," said Keith B. Rosenthal, president of PRG. "These investments are a tribute to our team's deep understanding of urban real estate, and our ability to successfully invest in urban opportunities as a vertically integrated organization." The funds now closed are the Metropolitan Workforce Housing Fund and the Genesis Workforce Housing Fund II, focusing on the New York/New Jersey/Connecticut tri-state metropolitan area and greater Los Angeles area, respectively. PRG's portfolio of equity funds target urban real estate development and acquisition opportunities nationwide. Phoenix Realty Group (www.phoenixrg.com) is a national real estate investment firm providing capital and expertise to urban developers focused on middle-market, for-sale and rental housing; low-income tax-credit housing; and mixed-use and commercial projects. Phoenix Realty Group has attracted investments from many of America's leading pension funds, banks and insurance companies, and currently manages private equity and tax credit real estate funds that represent $3.5 billion in housing and commercial real estate.

  16. MJW, PRG close escrow on $92 million L.A. condo project.(MJW Investments and Phoenix Realty Group signs contract with Genesis Workforce Housing Fund invests in )Mortgage Banking; May 1, 2006escrow on the second phase of its Santee Village project dedicated to market…for middle-income buyers. The Santee Village project is a $92 million redevelopment…architectural landmarks into Santee Village, said Weinstein. Now the equity…urban lifestyle of downtown L.A.

  17. When I think of Wetherly Capital, what MOST comes to mind is a pay-to-play scheme where Vivendi donates 42,000 acres of land for a water fund in order for access to Governor Gray Davis where he sells out water issues and is re-elected by paying off the competition to not mention anything about water or deals.So in other words, when I think of the fine folks at Wetherly, I think of doing secret deals with foreign governments (Vivendi) where you sell access to the Governor and then buy off the competition. Nothin’ wrong with THAT is there?

  18. July 26, 2002Plight of Vivendi Demonstrates Risks of Water PrivatizationStatement of Jane Kelly, California Director of Public CitizenVivendi Universal’s financial woes, which have been well-publicized in recent weeks, are troubling to those who monitor the growing trend toward the privatization of public water systems. That is because one company linked closely to Vivendi Universal – USFilter – is the largest water service company operating in the United States and is bidding to operate the water and sewage works in communities across the country, including Stockton, Calif., and New Orleans.

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