The Anatomy of Public Corruption

Company Overview of BlackRock Core Alternatives FB TEI Portfolio LLC

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Richard E. Cavanagh

Chairman, Member of Executive Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee, BlackRock Core Alternatives FB TEI Portfolio LLC

AgeTotal Calculated CompensationThis person is connected to 77 Board Members in 77 different organizations across 78 different industries.

See Board Relationships
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Background

Mr. Richard E. Cavanagh, also known as Dick, has been a Senior Advisor at The Fremont Group since 2008. Mr. Cavanagh is a Special Advisor at Echoing Green. He served as the Chief Executive Officer and President at The Conference Board, Inc. from November 1995 to 2007. He was a Partner and served as the Principal of McKinsey & Company Inc. from 1980 to 1988. Mr. Cavanagh spent 15 years at McKinsey & Company, Inc. He led McKinsey’s efforts to reorganize the nation’s bankrupt railroads into Conrail – at the time the largest industrial reorganization in history. He served as an Executive Director at Federal Cash Management, White House Office of Management and Budget, U.S. from 1977 to 1979. He led a government-wide effort to improve cash management that saved $12 billion. He served as an Executive Dean of the John F. Kennedy School of Government at Harvard University from 1988 to 1995. He served as Acting Director of Harvard Center for Business and Government from 1991 to 1993. He has been the Chairman of various funds of BlackRock fund complex since 2007. Mr. Cavanagh serves as the Chairman of the Board of BlackRock Senior Floating Rate Fund II, Inc. and BlackRock MuniHoldings Quality Fund, Inc. He served as the Chairman of Educational Testing Service from 2005 to 2009. He has been a Director of The Fremont Group since 1996. He has been a Non-Interested Trustee at various funds in BlackRock fund complex since 1994. He has been a Director at BlackRock Senior Floating Rate Fund II Inc. and BlackRock Corporate High Yield Fund III, Inc. since 2007. He serves as Lead Director of Blackrock Florida Insured Municipal 2008 Term Trust. Mr. Cavanagh has been employed of Blackrock Florida Insured Municipal 2008 Term Trust Inc. since inception. He has been a Director of The Guardian Life Insurance Company of America since 1998. He serves as Trustee of Drucker Foundation. He served as a Director of The Conference Board of Canada. He served as an Independent Director of Arch Chemicals Inc., from 1999 to October 20, 2011. He served as a Director at AeroUSA and AeroUSA 3 until July 1, 2004; Airplanes Ltd. until July 1, 2004; LCI International, Inc., since May 1997 and Olin Corporation. He served as a Trustee of Partners Balanced Trust. He served as a Controlling Trustee of Airplanes Trust of Airplanes Ltd. until July 1, 2004. He served as Lead Trustee of various Blackrock funds in the fund complex. He created the “blue ribbon” Commission on Public Trust and Private Enterprise in 2002, which recommended corporate governance enhancements. He served as a Trustee of The Conference Board, Inc. He served as Trustee at BlackRock Insured Municipal Term Trust, Inc. since 2007. He served as a Trustee of Airplanes Group. He served as a Trustee of Aircraft Finance Trust (AFT) from 1999 to 2009. Mr. Cavanagh served as a Trustee of Airplanes Group since 1995. Until July 01, 2004, he was a Trustee Emeritus at Wesleyan University. He was a Trustee of Educational Testing Service (ETS) from 1997 to 2009. He also directed the President's Reorganization Project for domestic programs. He was an Adjunct Professor of Harvard University since 2007. He is a Co-Author of "THE WINNING PERFORMANCE" (best selling management book published in 13 national editions). Mr. Cavanagh holds a BA degree from Wesleyan University and an MBA degree from the Harvard Business School.

Corporate Headquarters

100 Bellevue Parkway
Wilmington, Delaware 19809

United States
Phone: 302-797-2000
Fax: 302-797-2473

Board Members Memberships

Director, Member of Human Resources & Governance Committee and Member of Product & Distribution Committee
Lead Trustee
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman of the Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Compliance Committee, Member of Governance & Nominating Committee and Member of Performance Oversight Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Performance Oversight Committee, Member of Governance & Nominating Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Member of Executive Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Performance Review Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
1994-Present
Chairman of the Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
1994-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of the Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of the Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chair of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Compliance Committee, Member of Governance & Nominating Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of the Board, Chairman of AMPS Committee, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Compliance Committee, Member of Governance & Nominating Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of the Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of the Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chair of the Boards, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance and Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Amps Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of The Board, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee
2007-Present
Chairman of the Board of Trustees, Chairman of Executive Committee, Chairman of Leverage Committee, Member of Governance & Nominating Committee, Member of Compliance Committee and Member of Performance Oversight Committee
2008-Present
Chairman, Member of Executive Committee, Member of Governance & Nominating Committee, Member of Performance Oversight Committee and Member of Compliance Committee

Education

MBA
Harvard Business School
BA
Wesleyan University

Other Affiliations

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UC Regent Richard C. Blum


Regent Richard C. Blum

Richard BlumRichard C. Blum is Chairman of Blum Capital Partners, L.P. and Co-Chairman of Newbridge Capital, LLC. Mr. Blum earned his B.A. and M.B.A degrees from the University of California, Berkeley. He was the recipient of UC Berkeley's Haas School of Business Alumnus of the Year Award in 1994 and is a member of the Advisory Board of the School.
Mr. Blum serves as a director on a number of boards, including Playtex Products, Glenborough Realty Trust and is Chairman of CB Richard Ellis. He also serves as Co-Chairman of the World Conference on Religion and Peace and is Founder and Chairman of the American Himalayan Foundation and is a board member of the World Wildlife Fund and the Wilderness Society. He is also a trustee and a member of the executive committee of The Carter Center, founded by former President Jimmy Carter.
Mr. Blum was appointed as a Regent in 2002 by Governor Davis to a 12-year term. In 2014 he was reappointed to a 12-year term by Governor Brown.

Term of Appointment

Appointed:
March 12, 2002
Reappointed March 1, 2014
Term expires:
March 1, 2026

Committee Membership (2015-2016)

Governance
Health Services
Oversight of the DOE Laboratories
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Fremont Private Holdings Management Team

TEAM

Scott Earthy
Scott is the Managing Partner of Fremont Private Holdings, the direct investment division of Fremont Group. Fremont Group was founded more than 25 years ago to manage the assets of the San Francisco-based Bechtel family. Prior to joining Fremont, Scott was a Managing Director and a member of the Investment Committee at Ingleside Investors, a single family investment office for the New York-based Israel family.
Earlier in his career, Scott sourced and executed direct investments on behalf of the Chicago based Pritzker family and the Vancouver based Armstrong family. Scott's other previous work experience includes the mergers and acquisitions practice of Goldman Sachs and the financial institutions group at McKinsey & Company.
A native of Vancouver, Canada, Scott holds a Bachelor of Commerce degree from Queen's University and an MBA from Stanford University.
Email: searthy@fremontgroup.com
Tim Sheehy
Tim is a Managing Director of Fremont Private Holdings, the direct investment division of Fremont Group. Fremont Group is the investment office for the San Francisco-based Bechtel family. Tim focuses on sourcing, evaluating and executing investments on behalf of FPH.
Prior to joining Fremont, Tim was with Bunker Hill Capital, a middle market private equity investment firm based in Boston, Massachusetts. Earlier in his career, Tim was a member of the direct private equity investing groups of the Bank of Boston and Bank of America. Tim's other previous work experience includes the investment banking group of Robert W. Baird & Co.
A native of San Francisco, California, Tim holds a Bachelor of Arts in Economics from The University of Chicago and an MBA from The Wharton School of the University of Pennsylvania.
Email: tsheehy@fremontgroup.com
David Badham
David is a Senior Associate at Fremont Private Holdings. David focuses on sourcing, evaluating and executing direct private investments on behalf of FPH. Prior to joining Fremont, David was an Associate at Metalmark Capital, a middle market private equity firm focused on making control investments in a variety of industries, including Industrials, Healthcare, Energy, and Business Services. Earlier in his career, David worked in the investment banking division at Morgan Stanley.
A native of Raleigh, North Carolina, David holds a Bachelor of Arts in Economics and History from Duke University.
Email: dbadham@fremontgroup.com
John Hughes
John is a Senior Associate at Fremont Private Holdings. John focuses on sourcing, evaluating and executing direct private investments on behalf of FPH. Prior to joining Fremont, John worked on private equity and debt investments as a Vice President at PineBridge Investments, a global asset management firm. Earlier in his career, John worked in the investment banking division at Bank of America Merrill Lynch.
A native of Northern New Jersey, John holds a Bachelor of Science in Economics from The Wharton School of the University of Pennsylvania.
Email: jhughes@fremontgroup.com
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OBIT: Concord Councilman Michael Chavez


Concord CA 1980's

Mr. Chavez has for years been well-known to downtown merchants and he knew my past work.  I likely built cabinets for his shop like many other salons popping up. 

Like Brian Schwalen of Select Properties Alamo he dropped dead. 

The common denominator between them is Mr. Chavez was the designated lead on the steering committee for the Concord Naval Weapons Station conversion, and candidate Erik Nunn who perished in a fatal flight in LVNV in June 2008 just 36 hours after we'd planned our first face to face meeting.


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2011 UBS rogue trader scandal London to the UBS Bond Desk -

2011 UBS rogue trader scandal

 
Note: I know a former UBS Bond Trader and Mormon that lost his job after being connected to this story.  He knows Accenture Employee Bishop Lyons who died during a cub scout hike.  I know far too many suspicious deaths within the Danville Stake.  Bishop Lyons knows my former attorney and Nate Greenan who are connected to Alamo 1st who is connected to Bechtel via Fremont Group.

In early September 2011, the Swiss bank UBS announced that it had lost over 2 billion dollars, as a result of unauthorized trading performed by Kweku Adoboli, a director of the bank's Global Synthetic Equities Trading team in London.[1][2]
On 24 September 2011, Oswald Grübel, the CEO of UBS, resigned "to assume responsibility for the recent unauthorized trading incident", according to a memo to UBS staff.[3][4] On 5 October Francois Gouws and Yassine Bouhara, the co-heads of Global Equities at UBS, also resigned.[5] It later emerged that UBS had failed to act on a warning issued by its computer system about Adoboli's trading.[6][7][8]
After two delays requested by Adoboli and a change of legal representation, Adoboli pleaded not guilty to two counts each of fraud and false accounting on 30 January 2012. He was released on conditional bail after a bail application at Southwark Crown Court on 8 June 2012. He was later convicted of both counts of fraud and sentenced to seven years imprisonment. He is currently appealing both conviction and sentence.[9]

Contents

The trading incident

On 15 September 2011, Adoboli was arrested under suspicion of fraud in connection with a loss of a then-estimated US$2 billion, reportedly due to unauthorized trading at the Swiss group’s investment bank. A spokesperson from the Swiss banking regulator FINMA referred to the case as one of the biggest ever seen at a Swiss bank.[1] Adoboli had originally retained the law firm of Kingsley Napley, which previously advised Nick Leeson.[10] However, he has now changed his legal representation to Bark & Co and Furnival Chambers, with the fees being paid by legal aid.[11] On 30 January 2012 he pleaded not guilty to two charges of fraud and two charges of false accounting and faces up to 10 years in prison if convicted of all charges.[12]
The loss to UBS was described as "manageable" although it might cause UBS to report a net loss in the following financial quarter. The bank's net earnings for the year ending June 2011 were $6.4 billion[13] with a gross profit of approximately $1.1 billion reported by UBS for the third quarter of 2011.[14][15] On 15 September, the day of Adoboli's arrest, the price of the stock of UBS closed down 10.8%, while the price of other European bank stocks rose between 3–6%.[16]
It has been reported that Adoboli informed UBS of his unauthorized trades, and then the bank informed the Financial Services Authority and the police.[17] On 16 September, it was announced that City of London Police charged Adoboli with fraud by abuse of position and false accounting.[18]
On 18 September 2011, UBS issued a statement which revealed the losses from the alleged unauthorized trading stood at $2.3 billion. The rogue trader reportedly racked up the losses by speculating on EuroStoxx, DAX and S&P 500 indexes.[19]
The prosecutor in Adoboli's trial, Sasha Wass, stated that Adoboli "was a gamble or two from destroying Switzerland's largest bank for his own benefit."[20]
According to Business Insurance, as in the case of the unauthorized trades by Nick Leeson at the Singapore office of Barings Bank, the Adoboli incident took place at a location away from the bank's central office, where the risk management systems are typically stronger.[21]

The accused trader

Kweku Adoboli was born 21 May 1980.[22] His family home was in Tema, Ghana, but he has lived in the UK since 1991 and been described as "British by culture, citizenry and fame."[23]
He graduated from the University of Nottingham, where he studied computer science and management, in 2003.[1] Prior to this, he studied at Ackworth School (a Quaker-run private boarding school near Leeds), where he was Head Boy between 1997–1998, the year he graduated.[24]
According to the Daily Telegraph, shortly before the news of the incident broke, Adoboli had posted on his Facebook account that “I need a miracle”.[25]
Kweku's father, John Adoboli, is a former Ghanaian official at the United Nations. On the day of his son's arrest, he expressed the family's shock and disbelief: "We are all here reading all the materials and all the things being said about him. The family is heartbroken because fraud is not our way of life."[26]

Mechanics of the incident

According to UBS, Adoboli had disguised the risk of his trades by using "forward-settling" ETF cash positions.[27]
According to the Financial Times, and other sources, Adoboli is suspected to have used the fact that some ETF transactions in Europe are not issued confirmations until after settlement has taken place.[2] The exploitation of this process allows a party in a transaction to receive payment for a trade before the transaction has been confirmed.[28] While the cash proceeds in this scheme can not be simply retrieved, the seller may still show the cash on their books and possibly use it in further transactions.[28] The process of orchestrating fails to deliver trades may then be used in a carousel of transactions.[28][29] Unlike in the United States, no data about the volume of fails-to-delivers is available for Europe.[28][30] CNN and World Finance also stated that some banks have deliberately allowed certain levels of fails-to-deliver, as a method of "dealing with financial stress" so that between accounting cycles the value of securities sold, but not delivered, as well as the value of the cash booked, but not received can be reflected on the books.[28][29][31]
In October 2011, Sergio Ermotti, the interim CEO of UBS, after the departure of Grübel, admitted that the computer system at UBS had detected the unauthorized trading activities of Adoboli beforehand and had issued a warning, but the bank had failed to act on the warning.[6][7][8]
In May 2012, Sergio Ermotti, Group CEO, spoke at the UBS AGM about the changes implemented following the scandal. Ermotti spoke of improved internal monitoring and deficiencies in the financial reporting control system that have been addressed. Ermotti also made reference to employees that have been replaced or had pay docked due to serious mistakes or unreasonable behaviour.[32]

The fallout

On 24 September 2011 Oswald Grübel, the CEO of UBS resigned "to assume responsibility for the recent unauthorized trading incident", according to a memo to UBS staff.[3][4][33] Bloomberg reported UBS to be "in disarray" following the departure of the CEO as a result of the scandal.[34] Ten days later the co-heads of Global Equities at UBS, Francois Gouws and Yassine Bouhara, also resigned.[5]
UBS stated that no clients funds were lost as a result of the scandal, but according to The Daily Telegraph, the reputation of UBS could suffer "significant damage”, and that the amount lost was almost the same as the savings UBS had planned via the elimination of 3,500 jobs.[25]
In mid-November 2011 UBS announced that it would cut back half of the risk-weighted assets in its investment bank over the next five years to reduce risk exposure in the wake of the trading scandal.[35] In June 2012 UBS announced that their ongoing investigation has resolved the weaknesses that made this unauthorized trading possible. Along with their auditors, Ernst & Young Ltd., UBS aim to confirm this with internal control of financial reporting in December 2012.[36]
On 26 November 2012, the United Kingdom's financial regulator fined UBS £29.7 million ($47.6 million) for system and control failings that allowed Kweku Adoboli to cause over $2 billion losses through unauthorized trading in London.[37]
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Obit: Fang v. Bennett (2000)



How killer cased victim's home

Jim Herron Zamora, OF THE EXAMINER STAFF
Published 4:00 am, Saturday, January 8, 2000


MARTINEZ - Mesa Kasem, who died Tuesday in a failed home robbery invasion, first visited the targeted Alamo home in November while delivering an item the doctor's family had purchased at an auction.

Kasem, who was employed at the time as a deliveryman and laborer for Somerset Auction Co.in Santa Clara, dropped off the item at the home of Kim and Winnie Fang, two well-known East Bay doctors, on Nov. 10. The item, which police would not identify, had been purchased by the Fangs three days earlier, investigators said.

Detectives now believe that after visiting the Fang home, Kasem decided to return and rob it.

"He must have seen something there that he liked," Capt. George Lawrence of the Contra Costa County Sheriff's Department said Friday of Kasem's Nov. 10 visit to the Fang residence.

On Tuesday night, Kasem, 22, returned to Alamo allegedly with fellow Stockton gang member Soknoeun Nem, driving a car they rented in Stockton and carrying a semiautomatic handgun police believe they stole in another robbery on Monday. Lawrence said they burst into the Fang home intent on robbery, but instead encountered fierce resistance from the well-armed doctor and his family.

In the fight and shootout that followed, Kasem and Kim Fang,

49, were killed. Nem, 21, and Winnie Fang, 45, were wounded. Nem was also beaten by family members. The family's nanny, Melee Jung, suffered head injuries when she was pistol-whipped.

Sheriff's deputies say that Kasem and Nem acted alone. "We believe there were no other accomplices," Lawrence said.

But investigators are combing the records of the Somerset Auction Co. to determine if any other homes Kasem visited as a deliveryman have been robbed or burglarized. They do not believe the men committed any other crimes in Contra Costa County, but Lawrence said that his department will send out a Teletype on the case to every law enforcement agency in the state.

Reviewing unsolved crimes

Stockton police also said Friday they were trying to determine whether Nem and Kasem are linked to any unsolved crimes in that city. Police confirmed that they were reviewing unsolved robberies and burglaries.

Police said Kasem may have taken part in a home invasion robbery Monday in Stockton of a family that purchased goods through Somerset auctions years ago. One of two 9mm handguns that investigators say was used in the Alamo robbery attempt Tuesday was stolen during that robbery, but police said it didn't appear that Kasem

ever visited the Stockton home in the course of his employment at the auction house.

Stockton resident Kim Chau told the Stockton Record she believes Kasem was among four masked men who robbed her Monday. She said the men left her home with the 9mm pistol and a .22-caliber weapon, her gold necklace, a ring, a diamond pendant and children's jewelry. They also took about $3,200 in cash, she said. She said investigators told her that Kasem probably targeted her through purchase records kept at Somerset Auctions.

Somerset Auctions was closed Friday and no one from the company could be reached for comment. Officer Doug Anderson, spokesman for the Stockton Police Department, confirmed Friday that Kasem and Nem were considered suspects in the Chau robbery, but declined further comment.

Chau said she and her husband attend many auctions in many cities, and went to Somerset Auctions in Santa Clara several years ago.

Paroled felon

Kasem, a paroled felon who was nearly deported back to his native Cambodia last year, worked at the auction house from the beginning of November until just before Christmas. He left the job without notice during the holidays. At the time he was staying with his girlfriend in the South Bay but fre

quently visited his old North Stockton neighborhood on weekends, investigators said. Investigators believe that is where he linked up with Nem, who is also a Cambodian native.

Stockton police said Kasem had four felony arrests dating back to 1994. He had been arrested at least twice for felonies involving firearms. But Anderson, of the Stockton Police Department, declined to give details, saying that most of the arrests occurred when Kasem was a juvenile.

Lawrence said that investigators "may never know" the exact sequence of events during the shootout at the Fang home Tuesday. Investigators were hoping to interview Winnie Fang to hear her side of the incident. Winnie Fang, an anesthesiologist, has been released from the hospital after treatment for her gunshot wound.

"It is still unclear who shot first (and) who fired the fatal shots into Dr. Fang," Lawrence said.

The two men forced their way into the house after Winnie Fang opened the door to see who was outside. She resisted. Her husband, who was working upstairs, came downstairs with a .38-caliber handgun and opened fire on the intruders, apparently hitting Kasem three times - in the temple, chest and upper thigh, Lawrence said.

In the exchange, Kim Fang was shot twice in the back. Both

rounds exited his chest. He died at the scene. Lawrence said it was not clear if Fang was retreating from the gunmen or if one of the robbers surprised him from behind.

Nem was being held without bail at the Contra Costa County Jail in Martinez on Friday pending charges. Deputy District Attorney Harold Jewett said his office may charge him with murder for Fang's death as early as next week. He said Nem may also be charged for Kasem's murder under California's "provocative act" law. That law allows someone who participated in a violent felony that left an accomplice dead to be charged with the murder of the deceased criminal.

Nem will likely be charged with one or more counts of attempted robbery, as well, he said.

Jewett said that Nem is currently being held on a parole violation to give prosecutors and investigators more time to build their case. <
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Blood Money - Bennett v. Southern Pacific Mission Bay Rising / Catellus' chief keeps the faith in the building biotech park


Civil Rights Violations

The CNET indictments are the tip of the iceberg.  There are many incidents some long forgotten incidents that suggest an ongoing racial targeting campaign was in full force until the CNET arrests.  Even though this Golden Hand of Contra Costa County was quelled it doesn't mean there aren't cases waiting to be resurrected not by the District Attorney but by the US Attorney.
Apply Now!

Lynch Em' and Lie Business Model

There are far too many hangings in Contra Costa County that simply stand out when analyzing these events from a Peer Group Study.  The closest statistical match is East of the Mississippi where there is a special DOJ prosecution group for long forgotten hate crimes.
Apply Now!

Attacking Officers of the Court 

When the Danville Town Council looked the other way when Danville Building Inspector Gary Collins attacked this former resident in 2004 they allowed the CNET operation to move forward.  When this resident filed
Targeting Classes Forming
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OBIT: Case PROMSP06-00843 - G'DN OF ORTON





Case PROMSP06-00843 - G'DN OF ORTON


Complaint Number: 1
Complaint Type: Guardianship
Filing Date: 06/06/2006
Complaint Status: ACTIVE

Party Number Party Type Party Name Attorney Party Status
GUARDIAN  MARIANNE G ORTON   BRAY, OLIVER W.  First Paper Fee Paid 
MINOR - DEFENDANT  ROBERT EDWIN ORTON IV  Unrepresented  Serve Required (WaitS) 
MINOR - DEFENDANT  JOHN TURNER GRAY ORTON   Unrepresented  Serve Required (WaitS) 
MINOR - DEFENDANT  CLARE CATHERINE GRAY ORTION   Unrepresented  Serve Required (WaitS) 
MINOR - DEFENDANT  NEIL SPELMAN GRAY ORTON   Unrepresented  Serve Required (WaitS) 
Complaint Number: 2
Complaint Type: Sub. Acct. Guardianship
Filing Date: 01/28/2010
Complaint Status: JUDGMENT 03/10/2010

Party Number Party Type Party Name Attorney Party Status
PETITIONER  MARIANNE G ORTON   BRAY, OLIVER W.  First Paper Fee Paid 
MINOR - DEFENDANT  ROBERT EDWIN ORTON IV  Unrepresented  DISPOSED 03/10/2010 
MINOR - DEFENDANT  JOHN TURNER GRAY ORTON   Unrepresented  DISPOSED 03/10/2010 
MINOR - DEFENDANT  CLARE CATHERINE GRAY ORTION   Unrepresented  DISPOSED 03/10/2010 
MINOR - DEFENDANT  NEIL SPELMAN GRAY ORTON   Unrepresented  DISPOSED 03/10/2010 
Complaint Number: 3
Complaint Type: Sub. Acct. Guardianship
Filing Date: 07/31/2013
Complaint Status: JUDGMENT 09/18/2013

Party Number Party Type Party Name Attorney Party Status
PETITIONER  MARIANNE G ORTON   BRAY, OLIVER W.  First Paper Fee Paid 
MINOR - DEFENDANT  ROBERT EDWIN ORTON IV  Unrepresented  DISPOSED 09/18/2013 
MINOR - DEFENDANT  JOHN TURNER GRAY ORTON   Unrepresented  DISPOSED 09/18/2013 
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Obit: 2011 ~ Two Las Lomas graduates killed in Sacramento County car crash

Two Las Lomas graduates killed in Sacramento County car crash

June 3, 2011 17:38 pm · 45 comments
Two Las Lomas High School graduates & a Lincoln man were killed in an overnight accident in Sacramento County.
The two Walnut Creek natives were 18-year-old Christian Bishop and 20-year-old Maurice Waters.
Watch the video above for more information on the crash.

1 June 3, 2011 at 6:02 PM
Maurice is my boss’ son…such a tragedy 
2 George June 3, 2011 at 6:16 PM
Speeding, stop sign, drinking, gambeling, speed, no seat belts– yup- sounds mlike Lafayette kids–the rules do not apply to them
3 lady britannia June 3, 2011 at 6:22 PM
These young men were drinking at Jackson Rancheria? Fake id’s, driver’s licenses??? If this is not a prime example of underage drinking and driving and it’s deadly consequences.
Tragic.
4 June 3, 2011 at 6:23 PM
Sad. . .
5 MyDeathspace June 3, 2011 at 6:23 PM
Sad. Sounds like high speeds and drinking were likely involved. Slow down people!
6 Mad Mom June 3, 2011 at 6:31 PM
So sad. Please…be careful out there and slow down.
7 June 3, 2011 at 6:32 PM
So So sad RIP deepest sympathies to family and friends.
8 City Girl June 3, 2011 at 7:01 PM
Mayor, you didn’t include the link to the video.
9 City Girl June 3, 2011 at 7:05 PM
The video finally loaded after I clicked on comments. Now it’s not there again.
10 MikeT June 3, 2011 at 7:06 PM
My thoughts and prayers are with the familys. The pain they have is more than I hope I ever have.
11 anonamom June 3, 2011 at 7:25 PM
You only have to be 18 to gamble at Jackson Rancheria. They do not serve alcohol! They are out in the boonies, a few miles away from anyplace that does serve alcohol, so if there was drinking involved, they did not get it at Rancheria.
12 anonamom June 3, 2011 at 7:29 PM
George: You win the piss-ant a-hole award.
13 June 3, 2011 at 8:12 PM
Please remember family and friends will read this, My thoughts and prayers go out to the family and friends of these kids, Remember, you were once young too.
14 Beacon June 3, 2011 at 8:14 PM
George – Pull your head out of your ass and start paying attention. It has nothing to do with where they live or what high school they went to. Most young men think they’re invincible. I know I did when I was 18. It’s just that most of us lived to remember the many stupid things we did. It’s a tragedy that these young men didn’t.
15 June 3, 2011 at 8:17 PM
Thanks for that information anonamom. I guess gambling and drinking go hand in hand and these guys decided to find the booze. Just because you arrive at 18 and THINK your an adult doesn’t mean that you ARE an adult. So many adults aren’t even so called adults!!
16 George June 3, 2011 at 8:24 PM
@anonamom
I know many cops that worked in Lafayette, WC, Danville, Orinda & other upper class areas-they told me all about it…the parents gave them cars at 16 & the parents were 100% into their social life & the kids did whatever they wanted..when they leave home– they continue partying, drinking & doing stupid things..Karma is a bitch– deal with it
17 I think June 3, 2011 at 9:12 PM
I think they do serve alcohol. Last time I was there they had a bar next to the burger place. They also served alcohol if you were gambling. I haven’t been therd in about a year but you could get drinks.
So sad for the families.
18 anonamom June 3, 2011 at 9:13 PM
George, add sfb pin head to the awards list.
19 Missy June 3, 2011 at 9:21 PM
George you DUMB ASS, I currently work for the Walnut Creek Police Dept I have been employed there for the past 8 years, I do not appreicate you spreading rumors, no one told you no such thing… Get a life you stupid jack ass…
20 June 3, 2011 at 9:26 PM
This is so sad and it comes after the rafting accident a few months ago that involved 2 Las Lomas students.
21 Renee June 3, 2011 at 10:03 PM
Wow, so sad. Condolences to the families of these young men.
22 Mimi (original) June 3, 2011 at 11:11 PM
Oh no! Oh no! Is this the beginning oh the “senior-itis” tragedies? This recurrent theme is so sad and tragic! My own offspring us a graduating senior and I hold my breath each evening when they don’t arrive home on time. I just want them to survive their graduation celebrations to continue their burgeoning lives. Please, let’s pray for everyone in the class of 2011.
23 quinn June 4, 2011 at 12:19 AM
@George
the DRIVER of the car was 26.
I hope you know your negative attitudes about innocent kids is going to come back to you, and I hope you never have to face this tragedy with your own kids one day, because I bet you won’t too pleased when some ignorant jackass writes on a blog the way you have about these kids.
get a life douchebag.
24 So sad June 4, 2011 at 12:40 AM
This is a terribly tragic occurrence. Three families are forever changed, two young men (and a Lincoln man). My sympathies to all of the families.
25 June 4, 2011 at 7:03 AM
“Please remember family and friends will read this,”
Its a blog people….its their choice to read this.
Also- live fast, play hard….die young
Missy.. it appears you do not work the streets of WC,,,but trust me– the kids there think they are above the law & yes..cops do talk about what goes on with their friends…
26 #1 mommy June 4, 2011 at 9:49 AM
Christian was my boss is son…Nd he used to work with me so sad that he is gone my prayers go out to all the families….:(
27 The Kid June 4, 2011 at 12:40 PM
I knew both these dudes.
For everyone in this world that says things like “everything is meant to be” is so full of bull its rediculous. ANYTHING can happen in this life. be real. dnt waste it
28 Crystal June 4, 2011 at 5:00 PM
my name is Crystal Waters. Maurice Waters is my brother, and is only younger than me by 10 months. Christian Bishop was a very close friend of both of my brothers and he, as well as his family, are near and dear to my family. First of all to that S0B George, those kids were not “Lafayette Kids.” And even if they were they were human beings who belonged to families who love them. Yes, they are too young to be drinking but they were not in control of that car someone else was. Accidents happen and regardless of the situation any loss is a tragic one so haw dare you speak so carelessly abt those kids. I really hope you are not as heartless as you made yourself look and I pray that if/when it is your sibling or loved one that is up for debate, you think about what you’ve posted and how disrespectful it was to me and my family.
29 Connie Dobbs June 4, 2011 at 6:56 PM
Oh, jeez.
Officer…Missy.
I am all ready to take you seriously.
30 Mother June 4, 2011 at 8:19 PM
Crystal,
Condolences for your family. My son knew your brother and Christian and liked them both. They were good kids. Disregard all the stupid comments. Some people just have no compassion.
31 @ George June 4, 2011 at 9:41 PM
“I know many cops that worked in Lafayette, WC, Danville, Orinda & other upper class areas-they told me all about it…”
This is the Appeal To Authority argumentative fallacy…which basically means you claim “to know” some authority figure(s) on a particular subject, as if that somehow lends credence to what you have to say. It doesn’t. It means you’re full of shit.
32 June 4, 2011 at 10:25 PM
#11 Jackson Rancheria does sell alcohol for sure. Yes it is 18 and over casino but they do sell alcohol.
Sad event. Truely I am sorry for the family and friends BUT they are very lucky their stupidity did not kill somone else. When you break the law there are consequences…why you think we have laws so things like this do not happen (if people were respectful enough to obey them). Speeding, drinking, no seat belts three strikes you’re out…sorry. I am sorry for the family really but there are always consequences to your actions.
33 Jackson Rancheria Rules June 4, 2011 at 11:17 PM
General Casino Rules
Must be 18 years or older to gamble here
No one under 18 allowed in the gaming area
Must show a valid photo identification for entry
No alcohol served or allowed on the premises
No cameras allowed in gaming area
No audio or video equipment allowed
No firearms, drugs, or pets allowed on property
34 June 4, 2011 at 11:51 PM
jess #32,
If you can buy alcohol in that casino I’ll make your car payments for one year.
You really should avoid the X.
35 Crystal June 5, 2011 at 11:57 AM
Thanks @Mother and everyone for your kind words. I am not in any denial that what they were doing was irresposible and dangerous. What I do not like, and I will not be silent about is any attitudes suggesting they deserved death. Death is not something ANYBODY deserves. It is a sad, inevitable part of life. They suffered their consequences in full but never ever say “that’s wat they get.” For those who do not know, Christian Bishop’s funeral will be in Sacramento, CA on Wednesday, June 8th. Maurice’s will be in Union City, CA on Thursday, June 9th. Feel free to contact whomever it may concern for more detailed information
36 Crystal June 5, 2011 at 12:15 PM
P.S.
I apologize if it seems that I’m negelecting the familes of Kevin M. (The sole survivor) and Chris (the driver whom is also deceased). I did not know them and I have not heard any updates. But my heart goes out to those families.
37 Dobey June 5, 2011 at 6:31 PM
George you’re an ignorant and arrogant idiot. “I know many cops in upper class areas they told me… Blah blah blah”
If anything, the parents are older and more mature and educated in the wealthy areas, not young parents “100% into their social lives”
Stop and observe the tragic loss of two kids and stop being a judgmental piece of sh*t
Despite the circumstance, these were young kids. Boys will be boys, they weren’t criminals, they made bad choice as teenagers do, and it got them killed.
You’re worse than scum on the button of my shoe. Deal with it.
38 Krystal T. June 6, 2011 at 2:28 AM
Crystal,
It’s Krystal (Krissy) from New Hope.
I offer many thousands of condolences and prayers to you and the family right now. Find joy in the fact that Maurice knew The Lord and that he’s in a place you me and everyone else is working toward getting to. Know that one day you will see his face again and that he’s with our Heavenly Father. Love you all. See you all Thursday.
Bless you.
39 Robin June 6, 2011 at 8:56 AM
Crystal,
You are brave and strong to write here, and we all appreciate it. Because we are hurting too at the loss of young men, even if we didn’t know them personally. We know how much it hurts the families and as part of the community, we hurt with you. Anyone with a heart feels for your loss, and your family’s. Don’t waste your time with jerks like George. The people who count are here with you, even if they don’t know you, like me. My daughter knew your brother (she’s a good friend of your other brother) and what I know is that everyone who knew or has heard about this (unlike the “Georges” out there), is terribly sad. We all know at any one point in our lives it couldn’t have happened to us as teens or could happen to our teens. You are right, the non-drivers were not in control of that car. And even the driver didn’t deserve this outcome. No one does. We are all lucky to live past mistakes, only some are not as lucky who don’t. Hold onto the good memories of your brother and his friend and know they’re at peace even though this time is hard for you and your families.
40 Amanda June 6, 2011 at 9:48 AM
@“I know many cops that worked in Lafayette, WC, Danville, Orinda & other upper class areas-they told me all about it…”
George you are an ignorant bast****! What how much money or lack there of does not make it remotely ok for you to claim that is why this happened, anyone is capable of making a life changing mistake. I am sure you are no saint!. JEALOUSY is not a valid argument in disrespecting the families that lost loved ones. I pity you! My prayers go out to the families of those involed in this crash!
41 Caryl Robinson June 6, 2011 at 10:43 AM
To make heartless and insensitive comments about this tragedy is inexcusable. Maurice was my husband’s second cousin and we have pictures of him and Marquis along with our grandson Darrell a couple of years ago at his grandmother’s home on the 4th of July. Doug will be there on Wednesday. Stay strong Crystal. Our prayers are with you and your family.
42 HowSad June 6, 2011 at 12:19 PM
What a sad tragedy. I’m so sorry! My deepest condolences to all the families and friends. So Sorry!
As for the comments about “UPPER class” areas. It’s too bad people think that way, it just divides us further. I have known nasty crooked people who are both rich and poor. There are “Upper class” people in ALL areas where we live and breath. Material wealth and geographic area have nothing to do with being classy. Attitude makes us classy.
43 Crystal June 6, 2011 at 1:21 PM
Thanks again everybody for the kind words and support. Hey to Krissy and aunty out there, see u guys soon. Today I just wanted to post that the students of Las Lomas H.S. are going to have a candlelight ceremony for Christian and Maurice tomorrow evening at the school I believe. (Will update). In that time we will not only remember Christian and Maurice, but the 2 fallen Knights who were lost recently in a rafting accident, and the dearly missed Knight who was murdered by his mother on Mt. Diablo last year. All are definately welcome to join.
44 Crystal June 7, 2011 at 6:12 PM
Candlelight ceremony will commence 8pm and Walnut Heights School T0NIGHT
45 Nanette June 8, 2011 at 11:58 AM
Love you so much Crystal, this is Nanette from NHBC. Quinton’s mom. I will be there along with my mother sister Davis tonight. God bless you and your mother. All me and my mom could say was all three of you were always smiling and your mom loves you all and it always showed. Maurice was one of my students in my vacation bible school class so funny and always gave me hugs. God Bless.
Comments on this entry are closed.
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OBIT: Concord CA Kevin Flanagan, The First Dead Banker

OBIT: Kevin Flanagan, The First Dead Banker

Quick Facts

Daniel Soong
Pete Bennett 
Outsourcing Deaths? »

Death of American Programmers - clearing a path for hijacking passwords

A Reader Mourns An American Programmer Who Lost His Job -And Took His Life
FROM: Gene Nelson him]

On May 13, The Contra Costa Times reported on an event that should trouble us all-the suicide of Kevin Flanagan, 41. ("Job losses sap morale of workers," by Ellen Lee - elee@cctimes.com) Kevin was not a drug addict, a convict, or a ne'er-do-well; he was a trained computer programmer with years of experience whose job was sent overseas. The Contra Costa Times story reports that "led by the information-technology industry, 3.3 million service jobs and $136 billion in wages will move from the United States to such countries as India and Russia over the next decade or so."

At the same time, the federal government is cooperating with hugely-profitable computer companies to relax H-1b visa restrictions, so thousands more programmers from India, Pakistan, and other impoverished countries can pour into the U.S.-to compete with American programmers like Kevin. In 2002, Nobel Prize-winning economist Milton Friedman characterized H-1B visas as a "government subsidy program."

A month ago, Kevin Flanagan found out that he'd be losing his job at the Bank of America's Concord Technology Center. That same day, he took his life-in the parking lot of his former employer.

It wasn't that Flanagan was surprised to lose his job-he'd seen it coming for months, as his father told the paper. Flanagan had watched as veteran co-workers were forced to train newcomers from India-then fired and replaced by the immigrants. One former employee told the CC Times that employees at Concord feel like they're "on death row. Every day you think, 'Is this the day I'm gone?' he said."

Typically, the Contra Costa Times story did not draw the connection between the loss of high-tech jobs and immigration. But one of the story's sources did; Peter Bennett, a refugee from the technology consulting industry, who founded a group called NoMoreH1B.com. On its site, Bennett estimates that "approximately 800,000 highly-skilled U.S. workers are now unemployed as a direct result of Congress' H-1B visa legislation."

The story also gave the impression that the Bank of America was shifting jobs overseas and hiring immigrants to preserve its competitiveness. But the numbers tell a different story-that of a prosperous bank which has let greed trump any sense of patriotism or social responsibility.

The Bank of America (Chairman and CEO Kenneth D. Lewis) is a public company. According to its most recent report to Securities and Exchange Commission (10-Q), the company's first quarter revenues this year were $8.85 billion-up $0.3 billion from the same quarter last year. Data processing expenses consumed only 2.94 percent of revenue-hardly a drain on profits.

But that hasn't stopped Bank of America from using immigrants to undercut American workers. The U.S. Dept. of Labor H-1B website shows that in just two years, the company has imported about 200 technical professionals, mostly managers. Many received low pay for the work they perform-for instance, one "Securities Operations Analyst" who is paid only $38,100 annually.

This is just the tip of the iceberg, since most of the bank's newly imported employees are likely to be contractors who report to the imported managers.

How do I know this? I've read it in press releases from "outsourcing" firms, mostly based in India, with names like as Syntel, Cognizant, Tata (TCS), Exult, HCL Infosys, Wipro, and Satyam-all list Bank of America as a client. Between them, they employ thousands of Non Immigrant Visa (NIV) holders who don't appear in the above Federal tabulations.

In fact, many new Bank of America contractors fail to appear on California or Federal tax rolls at all, since they are paid by foreign firms with foreign currency via the L-1 program. (But they and their families use government services, so U.S. citizen taxpayers pay those bills.)
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Concord city attorney remembered as 'one of the good guys'

Concord city attorney remembered as 'one of the good guys'

By Lisa P. White lwhite@bayareanewsgroup.com
Posted:   10/13/2015 07:41:20 AM PDT
2 Comments Updated:   66 min. ago

LAFAYETTE -- Concord City Attorney Mark Coon's funeral Monday at St. Perpetua Catholic Church drew a large crowd of family, friends and colleagues who recalled him as a kind, humble man who deeply loved his family.

Coon, 55, died last week in an apparent suicide. The shock of his sudden death reverberated far beyond Concord, touching the exclusive club of city attorneys and the larger Bay Area legal community.
The funeral Mass opened with a slideshow of snapshots of Coon as a youngster, on his wedding day, cradling his newborn children and with his family.

My meeting in 2012 with Mr. Coon covered suicides 

NYPD Undercover
Phone Numbers 
So much for a
good clean investigation 
Four Suicide Deaths
Fall Down Elevator (defendant)
Accidents
FAMILY CONNECTED
TO JOHN ASHCROFT
In his welcoming remarks, Albany City Attorney Craig Labadie recalled that Coon was unfailingly polite and courteous, possessed a keen intellect, and embodied the concept of public service by trying to do the best for his clients in city government and residents while maintaining high ethical standards. While he excelled in his job, Labadie said, "his real source of happiness was his family."

"I will always remember him as the intelligent, kindhearted, thoughtful person that he was," Labadie said.
Coon was born in New Zealand and spent his early childhood in England. He graduated from UCLA and earned a law degree from UC Hastings College of the Law in 1986. Before joining Concord, Coon worked at the law firms Carroll, Burdick & McDonough and Archer McComas & Lageson in Walnut Creek, where he met his wife, June Bashant. The couple has two children, Nathan, 13, and Lauren, 11.


Coon was hired in 2002 as Concord deputy city attorney. He served as assistant city attorney and senior assistant city attorney before being promoted to city attorney in 2012, replacing Labadie.

The Rev. John Kater said there are two sides to being human -- rejoicing in the great adventure of life and being deeply moved by its hardships.

"Mark embraced the challenge of being human in all its complexity," Kater said.
Although several friends said Coon believed he was fortunate to have built a life with Bashant, she recalled a colleague telling her a few weeks earlier how lucky she was to be married to Coon.

"I was lucky," a tearful Bashant told the gathered mourners. "For 17 years, I had Mark by my side."
Coon was a voracious reader who loved the outdoors and recognized beauty in the small things in life -- from the turning leaves at their Walnut Creek home to the vibrant fish he watched while snorkeling to the breathtaking sunsets at the beach in Carmel, she said. His integrity and character were unimpeachable, Bashant said.

The couple's children were a source of great pride for her husband and are his wonderful legacy, Bashant said. Coon, she added, predicted that Nathan's intelligence would one day land him the top job at Apple and that Lauren would compete at the 2020 summer Olympics as a member of the U.S. gymnastics team.
"They were truly the bright stars in the sky, along with the UCLA Bruins," she said, drawing chuckles from an otherwise somber crowd.

Steve Welch was part of a group of young guys, including Coon, who took hiking and backpacking trips to Yosemite and the Grand Canyon. Welch said he will remember his friend of more than two decades as Coon appeared in a photo from one of those trips, flashing a wide grin at the top of Half Dome.

"He was honest, he was fair, he never bent the rules, he never cut corners," said Welch, an attorney. "He was one of the good guys." Kevin Wong, who developed a close friendship with Coon after their sons started kindergarten at Parkmead Elementary School in Walnut Creek, said he'll miss Coon's wisdom, dry sense of humor and smile that could light up a room.

"Thank you for making me part of your life," said Wong, his voice dissolving into tears. "It's been an honor to be your friend. Please rest in peace."

Lisa P. White covers Concord and Pleasant Hill. Contact her at 925-943-8011. Follow her at Twitter.com/lisa_p_white.
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OBIT: Mark Coon Obituary February 19, 1960 - October 6, 2015

Mark Coon Obituary

Mark S. CoonFebruary 19, 1960 - October 6, 2015
Resident of Walnut Creek


Mark Stephen Coon, age 55, tragically and unexpectedly passed away on October 6, 2015 in Walnut Creek, California. Born on February 19, 1960 in New Zealand, he lived in England in his early years before moving to the States.

Mark leaves behind his beloved wife, June Bashant, two children (ages 13 and 11), brother Jeremy (Wendy), stepmother (Sherri), mother-in-law Patricia, sister-in-law Dawn (Eric), loving nieces and nephews, and countless friends and colleagues who were blessed to know him. He is predeceased by his father Michael and younger brother Sasha.

Mark was the City Attorney for the City of Concord, California. He received his bachelor's degree from UCLA, then his J.D. from Hastings College of the Law in 1986. He started his legal career at Carroll Burdick & McDonough, then joined Archer McComas & Lageson (now Archer Norris) in 1993, where he met and married his wife. He joined the Concord City Attorney's Office in 2002, where he was later promoted to the position of City Attorney of Concord. While there, he established an "Open Door" Policy with the public and City staff, making himself directly accessible to all.

Always the consummate gentleman, Mark was a gentle spirit with the highest of integrity. He loved his family above all. As an attorney, his clients were grateful for his intellect, legal expertise, graciousness, and kind demeanor. Mark was truly a friend to everyone.

Mark enjoyed backpacking with his friends, swimming, cycling, kayaking, and surfing.

A funeral mass will be held at 11 a.m. Monday, October 12, 2015 at St. Perpetua Catholic Church, 3454 Hamlin Road, Lafayette. Arrangements are in the care of Hull's Walnut Creek Chapel. In lieu of flowers, the family requests that any contributions be made to an educational fund for the benefit of Mark and June's children, payable to June P. Bashant, and mailed to the Rouda, Feder, Tietjen, McGuinn Law Firm, 44 Montgomery St, Suite 4000, SF, CA 94104, attention Cheree Gonzalez.
Published in San Francisco Chronicle on Oct. 10, 2015
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BlakeHunt Adventures - Karma Developers

Blake Hunt Ventures
500 La Gonda Way
Suite 295
Danville, CA 94526
Office: (925) 314-2700
Fax: (925) 314-2701
Email: info@blakehunt.com
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Attorney Search: Mission Bay BRE General Counsel Kerry Fanwick


STEPHEN WALLACE
(CATELLUS DEVELOPMENT CORP),
 (Zip code: 94549) $1000
 to FEINSTEIN FOR SENATE
'94 on 04/04/97

Attorney Search Public Record


Kerry Fanwick - #99642

Current Status:  Not eligible to practice law (Not Entitled)


Profile Information

The following information is from the official records of The State Bar of California.
Bar Number: 99642
Address: 823 Chimalus Dr
Palo Alto, CA 94306
Phone Number: (650) 387-0540
Fax Number: Not Available
e-mail: kerry.fanwick@gmail.com 
County: Santa Clara
Undergraduate School: Claremont McKenna Coll; Claremont CA
District: District 6
Sections: None Law School: Stanford Univ Law School; Stanford CA

Status History

Effective Date Status Change
Present Not Eligible To Practice Law
7/1/2014 Not Eligible To Practice Law  
12/1/1981 Admitted to The State Bar of California
Explanation of member status

Actions Affecting Eligibility to Practice Law

Effective DateDescriptionCase NumberResulting Status
Disciplinary and Related Actions
Overview of the attorney discipline system.
This member has no public record of discipline.

Administrative Actions
7/1/2014 Suspended, failed to pay Bar membr. fees
Not Eligible To Practice Law 

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