CityBeat on the San Diego Financial Fiasco: What went wrong and when

Carl DeMaio of The Performance Institute sends out a newsletter. This week he points to an article in San Diego CityBEAT:

In case you missed it, the San Diego CityBEAT ran a provocative article this week looking into City Attorney Mike Aguirre’s recently released 2005 Interim Report. This article does a phenomenal job of connecting the dots between what city officials knew, when they knew it, and how they voted. This one is definitely worth reading.

He then includes the article, titled. April Fools, which starts with a bang, and is indeed worth a read:

That Mayor Dick Murphy and members of the San Diego City Council voted to approve bond documents containing misleading information about the city’s finances is not exactly news. That they did so just hours after they were given a detailed briefing about the dire condition of the city’s pension system is.

Evidence of that proximity was gleaned from a report released last Wednesday by City Attorney Mike Aguirre, who is conducting an ongoing investigation into possible corruption at City Hall. The Securities and Exchange Commission (SEC), the U.S. Attorney’s office and the FBI are also conducting separate investigations.

Read it all.