From the OC Register:
The situation raises several issues, said UC Irvine political science professor Mark Petracca. Payments of $20,000 and $40,000 a year for directors “would be peanuts” if this was a Fortune 500 company, Petracca said – but it's not. It's a water utility, and that “seems like quite a bit of money.”

For the full story, please visit http://www.ocregister.com/articles/-336777-ocprint--.html.

 

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