Hadi Makarechian: UC, Real Esate, New Majority California

Hadi Makarechian is one the board of regents of the University of California.  Hadi is also on the board of New Majority California, a Republican political organization.  It's 2014 priorities are "Breaking the Democrats super-majority in the legislature", "Increase the Republican margins in the US House", "Broadening the appeal of the Republican Party".  New Majority California is endorsing the gubernatorial candidacy of Neel Kashkari, a former Goldman Sachs banker who was tapped by GW Bush's Treasury Secretary Hank Paulson to help create the Troubled Asset Relief Program (TARP) in 2008, which bailed out trouble financial institutions, insurers and auto manufactures.  The implementation of TARP, and the abuse of TARP funds lead up to the Occupy protests in 2011.  New Majority California had a statement entitled "The Case of Gay Rights vs the Majority", but it has since been removed from the following URL: http://www.newmajority.com/the-case-of-gay-rights-vs-the-majority

Hadi Makarechian has personally donated to the political campaigns of George W Bush, Lindsey Graham, John McCain and Mitt Romney, as well general donations to the RNC, California Republican Party, National Republican Congressional Committee, and Free and Strong America PAC Inc.

Makarechian chairs Makar Properties LLC, which in 2007 purchased the largest hotel in the US - the Hilton Anaheim - for $160 million.  In 2008, Makarechian,  and his 2 sons who help run Makar, were estimated to have a combined wealth of $600 million.   Makarechian Capital Pacific Holdings, Inc.  Hadi is the Chairperson of the Board for Capital Pacific Holdings Inc, which provides home building and design services, mortgage brokering, and land development service.  In 2010, Governor Schwarzenegger's administration planned to sell 24 state owned buildings, to a private consortium that included Capital Pacific Inc.  After selling the buildings, some of them would have been leased by the state from the new owners of the properties.  There were concerns that Capital Pacific got to be a buyer because Hadi Makarechian is on the board of UC regents.  The deal to sell state owned buildings was blocked by the state appellate court, and then later was cancelled when Jerry Brown took governorship in 2011.