Jeff Smith noon, March 8
The Wealthy GOP Donor in the Peters Family Tree
Ex-San Diego city council Democrat Scott Peters, who managed to eke out a second-place finish in this month's 52nd District congressional primary to face off against Republican Brian Bilbray in the fall, has the support of his wealthy wife Lynn Gorguze, daughter of La Jolla industrialist Vincent T. Gorguze.
But, based on federal campaign disclosure filings, with the exception of son-in-law Peters, the senior Gorguze generally prefers to contribute to the GOP.
In 2007 the senior Gorguze gave New York's GOP ex-mayor Rudy Guiliani $500, and in 2008 he gave GOP presidential nominee and Arizona Sen. John McCain $451.
(State records show the elder Gorguze gave $500 to Democratic San Diego Assemblywoman Toni Atkins in 2010.)
As we first reported back in May 2001, Vincent Gorguze, a former president and chief operating officer of Emerson Electric Company, founded a private equity operation called Cameron Holdings, reported by the St. Louis Business Journal to have been named for Cameron Indoor Stadium at Duke University, the alma mater of both Lynn Gorguze and Peters.
A February 2000 account in the Business Journal pegged Cameron's gross revenue at $300 million.
The paper reported that Cameron owned a sizable stake in San Diego's Aldila, Inc., a golf-club shaft maker, for which Lynn Gorguze was reportedly helping to develop a maquiladora in Mexico.
Cameron's interest in a playground equipment maker moved then-councilman Peters to ask the city attorney for advice about possible conflicts of interest regarding city park projects.
He was told to be vigilant.
"If an official determines that he or she cannot be objective about a decision because of a financial or personal interest, the official may choose to abstain from participating in discussions or discussions and votes on a particular project."
These days Cameron continues to grow and prosper, firm's website says:
"Led by Chairman Vincent T. Gorguze and his daughter, President Lynn E. Gorguze, Cameron brings extensive operating experience to its operating companies and adds value by implementing a 'Buy and Build' strategy...Put simply, Cameron’s goal is to be the best at what it does, not simply the biggest."
More like this:
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- Padres honcho says it with cash: Anybody but Filner — Jan. 29, 2013
- Two San Diego pols reported among top richest in Congress — Jan. 16, 2013
- "Papa" Doug Manchester Continues Political Giving — Sept. 30, 2011
- Married Rich — May 31, 2001