The Great Heist of California’s Fort Knox

Small business owners will have to dig deep and pay an additional $420 per employee per year because the state drove the UI fund into bankruptcy


By -- California Globe—— Bio and Archives--April 26, 2023

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“Fort Knox gets knocked over!”

This fulsome headline would surely get worldwide attention and rightly so. Intrigue, speculation and theories about whodunnit and how it all went down would dominate the news cycle for months.

What if it turned out that estimates ballparked the heist at around $30 billion in gold bars that had been airlifted to an icy mountaintop retreat. Hollywood would be readying funds, cast and crew to bring it to the big screen. By contrast, the “Ocean’s Eleven” crew, flush with swagger and wry wit, only managed to saunter out with a measly $160 million. ---More...

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