How Long to Read The Orange County Bankruptcy

How Long Does it Take to Read The Orange County Bankruptcy?

It takes the average reader 1 hour and 32 minutes to read The Orange County Bankruptcy by Larry B. Lambert

Assuming a reading speed of 250 words per minute. Learn more

Description

This report constitutes a factual summary of the criminal investigation, which resulted from the Orange County Bankruptcy. It is not a comprehensive review of the investigation, and should not be construed to be such. On December 6, 1994, the County of Orange filed for Chapter 9 bankruptcy protection. County officials believed this action was necessary because of market losses to the Orange County Investment Pool (OCIP) estimated at the time to exceed $2,500,000,000. Due to a favorable selling environment, the actual losses were later tabulated at about $1,500,000,000. The OCIP had been leveraged to $21 billion dollars. Subsequently, the Orange County (CA) District Attorney's Office opened an investigation to determine criminal culpability. The scope of the investigation was designed to examine whether or not a crime(s) occurred in connection with events that culminated with the bankruptcy filing. In order to understand the criminal misconduct discovered by this investigation, it is necessary to understand the nature of the OCIP, and to have an understanding of the way the investments were handled. It is also important to understand the relationships, which existed between Orange County and its political subdivisions, broker-dealers, the attorneys, which advised the County, and all the participants who had some impact on the financial collapse. This publication is a historical account of the largest municipal bankruptcy (at date of this publication) in the history of the United States of America.

How long is The Orange County Bankruptcy?

The Orange County Bankruptcy by Larry B. Lambert is 92 pages long, and a total of 23,184 words.

This makes it 31% the length of the average book. It also has 28% more words than the average book.

How Long Does it Take to Read The Orange County Bankruptcy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 6 minutes to read The Orange County Bankruptcy aloud.

What Reading Level is The Orange County Bankruptcy?

The Orange County Bankruptcy is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Orange County Bankruptcy?

The Orange County Bankruptcy by Larry B. Lambert is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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