Zax not Apologizing for Donation to Nunez Charity

Zenith Insurance Co. Chairman/President Stanley Zax on Friday defended the company’s $50,000 donation to a small charity that, according to the Los Angeles Times, Assembly Speaker Fabian Nunez used “as a conduit to funnel almost $300,000 from companies and organizations with business in the Capitol to events that helped him politically.”According to the story in the Times on Friday, donors solicited by Nunez to give to the charity “earned tax deductions for which they would not have qualified had they given directly to Nunez's campaign accounts.“They were also...