The front of the headquarters of the Los Angeles Department of Water and Power in downtown Los Angeles. (Richard Vogel / Associated Press)
By Jack Dolan
April 30, 2015
Two nonprofit trusts created by the Los Angeles Department of Water and Power and financed with more than $40 million from ratepayers paid millions to vendors without competitive bids, overpaid top managers and let them charge personal travel, gasoline and other items without filing expense reports, city audits released Thursday showed.