[env-trinity] "...A LITTLE ENRON ACCOUNTING...."

Thu Mar 10 07:18:58 PST 2016

And the federal government is planning on giving Westlands a $375+ million bailout...
Largest California water district fined for misleading investors

 Fox News - ‎5 hours ago‎ FRESNO, Calif. – Federal regulators issued a rare fine Wednesday to the nation's largest agricultural water district for misleading bond investors about the district's financial circumstances. ADVERTISEMENT. Thomas Birmingham, general manager of...   SEC Issues Record Fine to California's Largest Agricultural Water District Wall Street Journal - ‎12 hours ago‎ LOS ANGELES—California's sustained drought has set another record, this time with the U.S. Securities and Exchange Commission. The SEC on Wednesday fined California's largest agricultural water district $125,000 to settle civil charges that it misled ...        A Little Enron Accounting Puts Water District in Hot Water  Bloomberg - ‎14 hours ago‎ California's largest agricultural water district misled investors who bought $77 million of municipal bonds by using accounting tricks to mask how much its finances were being squeezed by a drought gripping the state, the U.S. Securities and Exchange ...  California's largest water district, accused of misleading investors, settles with the SEC Los Angeles Times - ‎13 hours ago‎ A sprawling Central Valley water district run by some of the state's wealthiest growers papered over its drought-related financial struggles and misled investors, federal regulators said Wednesday. The Westlands Water District shifted about $8.3...   Westlands Water District, Nation's Largest Agricultural Water District, Hit With Rare Federal Fine International Business Times - ‎5 hours ago‎ california central valley The California Aqueduct and farm fields are seen in the Central Valley in Coalinga, California, May 6, 2015. Photo: REUTERS/Lucy Nicholson. The U.S. Securities and Exchange Commission on Wednesday levied a $125,000 fine on ...    
| 
UPDATE 1-SEC imposes rare, record penalty on municipal bond issuer 
 Reuters -‎14 hours ago‎ (Adds Westlands statement). By Jonathan Stempel. March 9 The U.S. Securities and Exchange Commission on Wednesday fined a municipal bond issuer for only the second time, accusing California's largest agricultural water district of overstating its ...  
Westlands Water District fined by SEC for misleading investors of financial circumstances
 Lawyer Herald -‎3 hours ago‎ BAKERSFIELD, CA - MAY 08: Carlos Garcia, a Kern County ditch tender, adjusts a canal gate on May 8, 2008 near Bakersfield, California. Opening of the Kern County reserve wells began earlier this week. Urgent calls for California residents to conserve ...  
Regulators fine major California water district, saying it overstated its finances
 OCRegister -‎10 hours ago‎ Jean Errotabere checks the flow of water provided by the Westlands Water District in this Feb. 27, 2001, file photo taken at Errotabere's ranch in Riverdale. Westlands encompasses 600,000 acres on the west side of the San Joaquin Valley in Fresno and ... In order to show you the most relevant results, we have omitted some entries very similar to those already displayed. If you like, you can  |  |  |

   <!--#yiv1483151638 _filtered #yiv1483151638 {font-family:Calibri;panose-1:2 15 5 2 2 2 4 3 2 4;} _filtered #yiv1483151638 {font-family:Tahoma;panose-1:2 11 6 4 3 5 4 4 2 4;}#yiv1483151638 #yiv1483151638 p.yiv1483151638MsoNormal, #yiv1483151638 li.yiv1483151638MsoNormal, #yiv1483151638 div.yiv1483151638MsoNormal {margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri", "sans-serif";}#yiv1483151638 h2 {margin:0in;margin-bottom:.0001pt;font-size:15.0pt;font-family:"Times New Roman", "serif";}#yiv1483151638 a:link, #yiv1483151638 span.yiv1483151638MsoHyperlink {color:blue;text-decoration:underline;}#yiv1483151638 a:visited, #yiv1483151638 span.yiv1483151638MsoHyperlinkFollowed {color:purple;text-decoration:underline;}#yiv1483151638 p.yiv1483151638MsoAcetate, #yiv1483151638 li.yiv1483151638MsoAcetate, #yiv1483151638 div.yiv1483151638MsoAcetate {margin:0in;margin-bottom:.0001pt;font-size:8.0pt;font-family:"Tahoma", "sans-serif";}#yiv1483151638 span.yiv1483151638Heading2Char {font-family:"Times New Roman", "serif";font-weight:bold;}#yiv1483151638 span.yiv1483151638BalloonTextChar {font-family:"Tahoma", "sans-serif";}#yiv1483151638 span.yiv1483151638EmailStyle20 {font-family:"Calibri", "sans-serif";color:windowtext;}#yiv1483151638 span.yiv1483151638titletext2 {}#yiv1483151638 span.yiv1483151638date1 {}#yiv1483151638 span.yiv1483151638EmailStyle23 {font-family:"Calibri", "sans-serif";color:#1F497D;}#yiv1483151638 span.yiv1483151638EmailStyle24 {font-family:"Calibri", "sans-serif";color:#1F497D;}#yiv1483151638 span.yiv1483151638EmailStyle25 {font-family:"Calibri", "sans-serif";color:#1F497D;}#yiv1483151638 span.yiv1483151638EmailStyle26 {font-family:"Calibri", "sans-serif";color:#1F497D;}#yiv1483151638 .yiv1483151638MsoChpDefault {font-size:10.0pt;} _filtered #yiv1483151638 {margin:1.0in 1.0in 1.0in 1.0in;}#yiv1483151638 div.yiv1483151638WordSection1 {}-->
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://www2.dcn.org/pipermail/env-trinity/attachments/20160310/9f9ece7e/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 2548 bytes
Desc: not available
URL: <http://www2.dcn.org/pipermail/env-trinity/attachments/20160310/9f9ece7e/attachment.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 1626 bytes
Desc: not available
URL: <http://www2.dcn.org/pipermail/env-trinity/attachments/20160310/9f9ece7e/attachment-0001.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 1813 bytes
Desc: not available
URL: <http://www2.dcn.org/pipermail/env-trinity/attachments/20160310/9f9ece7e/attachment-0002.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 1727 bytes
Desc: not available
URL: <http://www2.dcn.org/pipermail/env-trinity/attachments/20160310/9f9ece7e/attachment-0003.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.jpg
Type: image/jpeg
Size: 1838 bytes
Desc: not available
URL: <http://www2.dcn.org/pipermail/env-trinity/attachments/20160310/9f9ece7e/attachment-0004.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image006.jpg
Type: image/jpeg
Size: 1345 bytes
Desc: not available
URL: <http://www2.dcn.org/pipermail/env-trinity/attachments/20160310/9f9ece7e/attachment-0005.jpg>