[NormsRevenge]

looks like a pack of vultures will feed richly on what was once a mighty economic engine.

but should that surprise anyone considering the other schemes sold to voters the last few years?

California First? lol

Since when?

[calcowgirl]

There’s some good source documents included at the link in the article.
http://www.mediafire.com/?sharekey=33k5rbqyha48r#25,1

The first one I looked at included this:

http://www.mediafire.com/?01zynjdczbz0d6r
California First LLC Final Offer Letter - 05 21 10.pdf

(snip)
The Purchaser has assembled a consortium of established investors with deployable capital sufficient to execute this transaction. Purchaser has entered into commitments for equity investments for the transaction with the below investors, and we are materially oversubscribed for this transaction. Please let us know if you would to either speak with any of the below investors or review any of the commitment documentations, and we will promptly arrange to provide the same. The investors include:
• PRP
• Belgravia Capital
• Woodmont Capital Partners
• Steadfast Companies
• Black Equities Group
• CityView
• AE Capital Advisers
• Capital Pacific Holdings, Inc.
• The Linc Group
• GreenSpace Developments

[calcowgirl]

Ping

more details about the State’s sleazy deal