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October 2010

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Publlic Watchdog

RE: CalPERS Cutting Ties with MacFarlane Partners/Victor MacFarlane: Is anyone looking at the sales of properties between related entities and kickbacks relating to inflated prices paid to purchase real estate from intermediary entities owned by friendly entities owned indirectly by the Willie Brown, Victor MacFarlane, Seth Scott and others associated with them, who had just recently acquired rights to property at price much lower than what they sold it to Calpers? That stinks of an illegal kickback. This is what should be investigated. The public employees who own Calpers deserve to know the truth about how they were ripped off. This should not be covered up or quietly slipped under the rug because of the political affilliations of the people involved in the rip-off.

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