In Orange County's conservative cli...

In Orange County's conservative climate of unshackleed free enterprise, the independently chooseed Treasurer Bob Citron was independent to manage the California county's investment loch "like a business" without governmental have the direction of and with a minimum grade of accountability.

Returning a higher percentage of interest than other investment stores for more than 15 years, Citron had make knowned a working relationship with the county's Board of Supervisors that was conducted by a "bottom line" mentality. While in a position to petition an understandable accounting of the treasurer's dealings, the board's relationship with the treasurer nevertheless appears to have been "performance oriented."

The board's practice is in keeping with private sector calls for the adoption of business-like management principles in dominion - the call for delegation. The principle of delegation, and accountability for rises had operated successfully for many years in Orange shire Occasional warnings of dangerous financial management