Posted on 12/02/2008 9:28:04 AM PST by NormsRevenge
Former Assembly Speaker Fabian Núñez has taken a lucrative seat on the board of directors for a workers' compensation insurer after helping broker a 2004 deal that benefited the industry.
The Los Angeles Democrat was termed out of the Assembly on Sunday, and on Monday, Zenith National Insurance Corp. appointed him to its board.
Company filings say that directors are paid $90,000 per year, with an additional $40,000 paid for every committee on which they serve. Núñez said he did not know if his post was paid.
"You have to ask Zenith," he said. Zenith did not return calls for comment.
But, Núñez added, "If board members get compensated, then I would be compensated, as well."
(Excerpt) Read more at sacbee.com ...
Especially since no termed-out D-politico could qualify, based on their record of "accomplishments".
ROFL! Yeah... that's believable. NOT!
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