Here’s how Orange County went broke
The scene, 25 years ago this month, could have been lifted from a mob movie:
Ten top power-brokers in Orange County government headed out for at an exclusive Italian restaurant for a secret Saturday dinner. Strung out from a string of all-nighters — they’d been working to keep the county’s $20 billion investment pool from imploding — the meal was to be a pressure-reliever, a breather, a reward.
Despite the headlines just two days earlier — “O.C. fund down $1.5
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