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John M W Moorlach

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CALIFORNIA | LOCAL
August 2, 2000 | DAVID REYES, TIMES STAFF WRITER
Orange County Treasurer John M.W. Moorlach proposed a new measure Tuesday that calls for a higher percentage of money from the national tobacco settlement to pay down the county's bankruptcy debt than proposed in Measure H, a ballot initiative proposed by health care officials. Under Moorlach's plan, 40% of the county's $30-million-a-year share of the settlement fund would be used to pay debt obligation.
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NEWS
May 30, 2006 | Jean O. Pasco, Times Staff Writer
Few people paid attention to John M.W. Moorlach in 1994 when, as a candidate for Orange County treasurer, he warned that the longtime incumbent's risky investments could cost the county millions of dollars. Moorlach lost the race but won the argument. In December 1994, the county declared the largest municipal bankruptcy in the nation's history, posting investment losses of $1.7 billion. Now, Moorlach, the current treasurer, is at it again, this time issuing dire fiscal warnings as a candidate for county supervisor.
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CALIFORNIA | LOCAL
August 16, 2004 | Stuart Pfeifer, Times Staff Writer
John M.W. Moorlach made his political name in 1994 when he repeatedly pointed out the vulnerability of Orange County's investment pool while campaigning for county treasurer. Although Moorlach lost that race to the incumbent, his forecast proved accurate. The county declared bankruptcy in December 1994, his opponent was criminally indicted and Moorlach was named his replacement.
CALIFORNIA | LOCAL
August 16, 2004 | Stuart Pfeifer, Times Staff Writer
John M.W. Moorlach made his political name in 1994 when he repeatedly pointed out the vulnerability of Orange County's investment pool while campaigning for county treasurer. Although Moorlach lost that race to the incumbent, his forecast proved accurate. The county declared bankruptcy in December 1994, his opponent was criminally indicted and Moorlach was named his replacement.
NEWS
January 27, 1995 | KEN ELLINGWOOD, TIMES STAFF WRITER
Nearly half of Orange County residents favor naming Costa Mesa accountant John M.W. Moorlach as the county's new treasurer, according to a Times Orange County Poll. Moorlach, widely expected to be named to the post by the Board of Supervisors, was favored for the job by 49% of poll respondents, with 25% opposed. The remaining 26% were unsure. Moorlach, a 39-year-old Republican, lost out in a June election to longtime Treasurer-Tax Collector Robert L.
CALIFORNIA | LOCAL
April 27, 1995 | RUSS LOAR
County Treasurer-Tax Collector John M. W. Moorlach joined the chorus of angry voices directed at city officials during a heated six-hour public discussion of the city's sizable investments in Orange County's failed investment pool. The emotional session Tuesday began with an announcement that Finance Director Jeff Niven will be stripped of his title of city treasurer. It ended with a pledge by each council member to revamp city investment policies.
NEWS
December 3, 1997 | SHELBY GRAD, TIMES STAFF WRITER
John M.W. Moorlach, who raised concerns about the county's investment practices months before its 1994 bankruptcy, announced Tuesday that he will seek a second term as county treasurer-tax collector rather than run for state treasurer. Moorlach had been mulling a run for statewide office for several months but decided that being the county's top money man for the next four years offered enough challenges and opportunities, he said.
CALIFORNIA | LOCAL
May 17, 1998 | JEAN O. PASCO, SPECIAL TO THE TIMES
Two county reformers appointed by supervisors to reshape their departments will face voters on the June 2 ballot without challengers. Treasurer-Tax Collector John M.W. Moorlach has become something of a folk hero in county government for his early warnings about predecessor Robert L. Citron's risky financial investments, which plunged the county into bankruptcy in 1994.
CALIFORNIA | LOCAL
October 4, 1995 | SHELBY GRAD
Treasurer-Tax Collector John M.W. Moorlach warned Tuesday that several members of the Treasury Oversight Committee could be forced to resign if a state law inspired by the county bankruptcy is not changed.
CALIFORNIA | LOCAL
May 23, 1997 | SHELBY GRAD, TIMES STAFF WRITER
Treasurer-Tax Collector John M.W. Moorlach, who rose to prominence by questioning Orange County's investment practices months before its 1994 bankruptcy, is considering a run for state treasurer. Moorlach said he will meet with advisors and political supporters over the weekend and could make a final decision by next week. The current state treasurer, Matt Fong, has announced he will run for the U.S. Senate in 1998 and not seek another term.
CALIFORNIA | LOCAL
May 9, 2003 | Stuart Pfeifer, Times Staff Writer
Orange County's treasurer wants to renew business ties with Merrill Lynch & Co., the Wall Street giant many blamed for the staggering investment losses that drove the county into bankruptcy in 1994. Treasurer-Tax Collector John M.W. Moorlach's suggestion comes nine months after the county Board of Supervisors, still stinging from the bankruptcy, voted to prohibit any financial relationship with Merrill Lynch without full board approval. Former Orange County Treasurer Robert L.
CALIFORNIA | LOCAL
July 19, 2001 | DENNIS McLELLAN, TIMES STAFF WRITER
The second of Orange County's two $20-million Edison International investments was paid in full Wednesday, ending what county Treasurer John M.W. Moorlach called six months of "crisis management." Moorlach, who was criticized by some earlier this year for investing $40 million in school money in the utility despite the state's worsening energy crisis, said that all principal and interest payments were made according to schedule.
CALIFORNIA | LOCAL
January 25, 2001 | JEAN O. PASCO, TIMES STAFF WRITER
The fact that Orange County invested $40 million in Edison International despite warning signs that the utility was having financial problems shows reforms are needed in the county's investment procedures, an oversight committee concluded Wednesday. The Treasury Oversight Committee, formed after the county's 1994 bankruptcy, concluded that Treasurer John M.W. Moorlach's office should use more information than just credit ratings before making purchases.
CALIFORNIA | LOCAL
January 24, 2001 | JEAN O. PASCO and MONTE MORIN, TIMES STAFF WRITERS
Three weeks before Orange County Treasurer John M.W. Moorlach bought the first of $40 million worth of investments in Edison International, the county's credit rating agency issued a warning about burgeoning risks in the California utility market. The four-page special report, written by Fitch Inc. analyst Lori R. Woodland in Chicago, was distributed Tuesday by Supervisor Todd Spitzer, who had asked Moorlach to appear before the Board of Supervisors to explain the Edison investments.
CALIFORNIA | LOCAL
January 18, 2001 | JEAN O. PASCO, TIMES STAFF WRITER
Orange County's financial chief said the uproar over his office's decision to invest $40 million in school money in the battered utility market is "breaking my heart," and he conceded that every school district in the county could lose millions in future earnings. County Treasurer John M.W. Moorlach said the twin $20-million investments in Edison International--one made Sept. 28 and the other Dec.
CALIFORNIA | LOCAL
November 1, 2000 | JEAN O. PASCO, TIMES STAFF WRITER
Pointing to the millions spent by public agencies suing each other, Orange County Treasurer-Tax Collector John M.W. Moorlach called Tuesday for a special arbitration board to resolve such government disputes before they mushroom into costly courtroom showdowns. Moorlach said he launched his own investigation by filing more than a dozen public-records requests, seeking to find out how much various government agencies were spending on legal disputes.
NEWS
May 27, 1994 | SHELBY GRAD, SPECIAL TO THE TIMES
Though the normally obscure jobs have received unusual attention this year, many voters still are not sure whom to support in the races for county clerk-recorder and treasurer-tax collector, according to a Times Orange County Poll. Nearly half of those surveyed said they did not know who would get their vote in the clerk-recorder contest, while 36% were undecided in the treasurer's race. Treasurer Robert L.
BUSINESS
February 28, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
Plunged into bankruptcy by its ill-fated investments more than two years ago, Orange County announced Thursday that its portfolios have regained their ranking as among the best anywhere. Fitch Investors Service on Thursday gave its highest rating--AAA--to the county's $2.25-billion money market investment pools, along with a designation marking them as among the least risky portfolios. "We got a much higher rating than I would have anticipated," said John M.W. Moorlach, the county's treasurer.
CALIFORNIA | LOCAL
October 15, 2000 | DAVID REYES, TIMES STAFF WRITER
County Treasurer-Tax Collector John M.W. Moorlach, the man who first rode in on a white horse waving the shield of pre-bankruptcy warnings, still is crunching numbers. But some say he is doing it on the backs of the less fortunate. Moorlach has drafted Measure G, a countywide initiative that if passed Nov.
CALIFORNIA | LOCAL
August 2, 2000 | DAVID REYES, TIMES STAFF WRITER
Orange County Treasurer John M.W. Moorlach proposed a new measure Tuesday that calls for a higher percentage of money from the national tobacco settlement to pay down the county's bankruptcy debt than proposed in Measure H, a ballot initiative proposed by health care officials. Under Moorlach's plan, 40% of the county's $30-million-a-year share of the settlement fund would be used to pay debt obligation.
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