OIC Awards $1.2 B, Solomon Discloses Conflict, Leon Black Presents, Westlund Treasurer Candidate

Yesterday the OIC met and awarded $1.2 billion in investment contracts. The meeting included a presentation from Leon Black (Pictured below) who is personaly worth $4-5 billion. Dick Solomon and Katy Durant both disclosed conflicts of interest, former OIC Chair Gerard Drummond was in attendance as was expected candidate for State Treasurer Ben Westlund. This was Westlund’s first OIC meeting. Here are my unofficial 9/27.07 OIC meeting minutes.  See OIC Commissioners below, left to right they chair Dick Solomon, State Treasurer Randall Edwards, Katy Durant and Harry Demorest, former managing partner of the Portland Arthur Andersen office.  Not pictured is Mark Gardiner, whose final meeting on the council was today.