Funds Traced Internally

The most likely outcome is that a large share of the $87 million is found in delayed payments, restricted accounts, or poorly documented interagency transfers rather than outright theft. Los Angeles City Controller Kenneth Mejia and the Los Angeles Housing Department move toward reconciliation, repayment plans, and tighter controls.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.