Federal prosecutors allege that developer Arthur Winn (above) gave illegal contributions to Philip Angelides (below), who was a trustee of California’s public pension fund. The fund’s money manager was weighing an investment in Columbus Center.
(Erik Jacobs for the Boston Globe/File 2009)
Developer donated to Calif. treasurer
Gifts were followed by Hub investment
Federal prosecutors allege that developer Arthur Winn (above) gave illegal contributions to Philip Angelides (below), who was a trustee of California’s public pension fund. The fund’s money manager was weighing an investment in Columbus Center.
(Erik Jacobs for the Boston Globe/File 2009)
Among the dozens of illegal campaign contributions developer Arthur Winn and his company allegedly made to get public support for his Columbus Center project, three in particular stand out. Each was unusually large, at $10,900, and sent in January 2006 to the campaign account of California’s then-treasurer, Philip Angelides, a trustee of the state’s powerful public pension fund. The fund’s money manager was weighing a major investment in Columbus Center. An earlier version of this online summary incorrectly stated then-California State Treasurer Philip Angelides’s role with Columbus Center investment. The decision to invest in the Columbus Center development project rested with the California state pension fund and one of its private money managers. The summary also incorrectly stated that the federal commission Angelides chaired was active; it disbanded earlier this year.
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