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Robert Citron, treasurer at center of O.C. bankruptcy, dies
Los Angeles Times ^ | January 16, 2013 | Scott Reckard and Shelby Grad

Posted on 01/18/2013 11:56:43 AM PST by EveningStar

Robert L. Citron, the soft-spoken Orange County treasurer whose bad bets on exotic Wall Street investments resulted in what in 1994 was the largest municipal bankruptcy in U.S. history, died Wednesday ...

A grand jury investigation would later find that Citron, who over the years won so many awards for his investment skills, relied upon a mail-order astrologer and a psychic for interest rate predictions as the county's treasury began to falter ...

(Excerpt) Read more at latimesblogs.latimes.com ...


TOPICS: Crime/Corruption; US: California
KEYWORDS: backruptcy; obituary; orangecounty; robertcitron
Wikipedia

More articles at The Orange County Register

1 posted on 01/18/2013 11:56:58 AM PST by EveningStar
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To: abigail2; AgThorn; al baby; BAW; bboop; BenLurkin; Bob J; Bon of Babble; Brad's Gramma; ...
SoCal Ping!

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Attention Southern Californians

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Please ping me with any Southern California related articles. Thank you!

If you want on or off this ping list, please FReepmail me.

2 posted on 01/18/2013 11:58:52 AM PST by EveningStar ("What color is the sky in your world?" -- Frasier Crane)
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To: EveningStar

Wonder if Helicopter Ben has been getting his advice from an astrologer. If that is the case, at least he isn’t totally clueless.


3 posted on 01/18/2013 12:03:22 PM PST by txrefugee
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To: EveningStar

You might want to post a photo from Anaheim, not Orlando.


4 posted on 01/18/2013 12:37:16 PM PST by SoCal Pubbie
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To: SoCal Pubbie
Crap. :(

OK. I found a new pic:

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5 posted on 01/18/2013 2:59:50 PM PST by EveningStar ("What color is the sky in your world?" -- Frasier Crane)
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To: EveningStar

I grew up in Anaheim and I’ve driven on Citron Street my whole life. I was a bit surprised they didn’t change the name of the street when the crisis erupted.


6 posted on 01/18/2013 5:20:13 PM PST by Melian ("Where will wants not, a way opens.")
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