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National GOP aims at Westly

July 17, 2012 | 10:28 am

Steve Westly is big in the California venture capital world. He's also big in Democratic politics. 

Westly, a former state controller, ran for governor in the 2006 election. He lost in the primary to then-state Treasurer Phil Angelides. 

During the 2006 gubernatorial race, Westly was dogged by questions about whether he leveraged his position as a board member on the state pension fund to extract support for his political ambitions.

The charge was that Westly attempted to get companies seeking government investment contracts to support his campaign.   

A couple of years later, Westly would become one of the Obama campaign's biggest fundraisers in California. 

Now, the national GOP has posted a Web ad noting that Westly's investment firm also happens to be invested in several companies that get government subsidies. 


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-- Evan Halper in Sacramento