Salomon Bros. Beach House No Bargain
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* Re: “New Beach Boys” (Orange County Newswatch, July 4):
As a retired executive from a Fortune 500 company, I was accustomed to traveling on the company’s behalf. My accommodations were the usual Best Westerns, Holiday Inns, etc., because expense control was so important to our bottom-line profit performance. If we were staying for any length of time in a certain location, we would rent efficiency units.
How is it that Salomon Bros. can afford accommodations at a high-priced hotel like the Westin South Coast Plaza? And then, how do they justify renting a $3,400 beach house at upscale Newport Beach under the guise of saving money? Is this an “accounting” firm, or is it “voodoo accounting?” What’s wrong with staying “inland” at a nice, reasonably priced unit in, say, Santa Ana--near the various county offices?
But, of course, I forgot. . . . They can just bill Orange County for this expense! Then our “Anti-Tax (anti-everything) Generals,” now with their first taste of victory and with no recovery plan, will find a way to pay Salomon Bros. out of Orange County’s vapor funds.
BOB READ
Santa Ana
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