💰 Financial Record

payment

Transaction Details

Amount
USD $1,700,000,000.0
Payer (From)
Orange County Investment Pool Linked to Investment Pool
Payee (To)
Market Losses Linked to Market
Transaction Date
January 01, 1994
Description

Loss of $1.7 billion due to bad bets on derivative securities causing municipal bankruptcy.

Additional Details
Date string: 1994
Amount string: 1700000000
Source document: HOUSE_OVERSIGHT_013276.jpg

📄 Source Document

HOUSE_OVERSIGHT_013276.jpg
ESTATE Collection
View Document
Document Summary

This document is a page from a House Oversight Committee file (marked HOUSE_OVERSIGHT_013276) containing a list of obituaries for notable individuals who died in January (specifically January 2013, based on the deaths of Stan Musial and Fred Turner). The list includes Thomas Candillier, a 37-year-old JPMorgan Chase executive based in Paris, which is likely the relevant connection to larger investigations regarding the bank's internal activities or personnel. Other listed individuals include the former CEO of McDonald's, a Nobel Prize economist, and the creator of 'Dear Abby'.

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