Anonymous ID: 5ee015 April 1, 2019, 7:30 a.m. No.6003386   🗄️.is đź”—kun   >>3479 >>3769 >>3943

I remember reading about Individual A but didn't see this posted previously:

 

The bizarre story of the L.A. dad who exposed the college admissions scandal

 

Morrie Tobin was in Boston to cut the deal of his life.

It was early April last year. A few weeks before, federal agents had descended on the multimillion-dollar home Tobin shares with his wife and some of their six children in Hancock Park, a moneyed Los Angeles enclave.

Warrant in hand, the agents searched the French chateau-style mansion for financial records and other evidence to nail Tobin, the suspected ringleader of a stock scam that defrauded investors of millions of dollars.

The raid imploded Tobin’s very comfortable life. Faced with the prospect of years in prison and a seven-figure fine, the businessman flew to Boston to meet with the federal prosecutors handling the case. He was looking for mercy.

They offered him a standard deal: Come clean about the con job he had run on investors and, in the end, he might get some leniency.

But Tobin, 55, had something else to offer up — a nugget of information that had nothing to do with stock markets.

He hoped it would interest prosecutors and tip the scales a bit further in his favor.

 

In all, 50 people have been charged — including 33 parents, several college coaches, a man Singer paid to take college admission exams for students, and Singer himself, who pleaded guilty to several felonies in a deal with prosecutors. The investigation is ongoing, and prosecutors indicated in court last week that more people were likely to be charged.

Not included in the pool of defendants, however, is Tobin, whom multiple law enforcement officials and a person close to him identified as the unnamed tipster Lelling credited with setting the investigation in motion.

At a court hearing last week, a prosecutor alleged that Tobin, whom he referred to by an anonymous moniker, was not innocent in the admissions shenanigans. “Individual A,” he said, paid bribes in an effort to get one of his daughters into Yale.

 

https://www.latimes.com/local/lanow/la-me-morrie-tobin-college-admissions-scandal-20190331-story.html

Anonymous ID: 5ee015 April 1, 2019, 7:57 a.m. No.6003669   🗄️.is đź”—kun

Something tells me this is significant.

If Newsom ain't happy, I'm happy.

Gotta workfag now but anyone interested can dig moar:

 

Gov. Newsom criticizes PG&E’s plan for new board

 

SACRAMENTO — California Gov. Gavin Newsom said Thursday that Pacific Gas & Electric Corp. plans to remake its board of directors with hedge fund financiers and people who have little experience in utility operations and safety, and he urged the utility’s leader to change course.

“With this move, PG&E would send a clear message that it is prioritizing quick profits for Wall Street over public safety and reliable and affordable energy service,” Newsom, a Democrat, said in a public letter to John Simon, the utility’s interim chief executive.

The San Francisco-based utility is in the midst of Chapter 11 bankruptcy proceedings after it said it could not afford billions of dollars in liability related to deadly California wildfires in 2017 and 2018. It had previously announced plans to replace most of its board by its annual shareholder meeting in May.

But the company has not announced its slate of candidates for the new board. Newsom’s office was briefed by PG&E executives on their proposed slate in recent days, spokesman Nathan Click said. The governor’s office is not releasing the names either.

 

PG&E, the nation’s largest utility, has faced intense scrutiny over its equipment’s role in starting deadly blazes across California. A federal judge is overseeing a separate criminal conviction PG&E received for its role in a 2010 gas line explosion that killed eight people.

 

Newsom said PG&E should remake its board with a majority of Californians with backgrounds as regulators, safety experts and in clean energy.

“Any new board member should be resolved to change the culture of the company, understand the concerns of ratepayers and demonstrate a commitment to the fair treatment of wildfire victims and employees,” his letter said.

BlueMountain Capital Management, a PG&E shareholder that has criticized the bankruptcy declaration, has put forward its own slate of 13 new board members.

“PG&E needs a board with proven experience in safety, claims resolution, utility operations, finance and turnarounds, and California business and public policy,” the shareholder group said in an emailed statement.

Shareholders will elect a new board at the May 21 annual meeting, either voting for or against nominees put forward by a nominating and governance committee. Board members on average serve for more than seven years, according to information prepared ahead of the 2018 annual meeting. Board members for the corporation also serve on the board of the utility.

 

https://www.chicoer.com/2019/03/28/gov-newsom-criticizes-pges-plan-for-new-board/