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Page 4 of 7 News-Home Enlarge Text Email Print Reprint Share Your Name Your Email Recipient's Email Send View One Page WITH PHOTO NO PHOTO FACEBOOK YAHOO NEWSVINE DEL.ICIO.US LA billionaires sued over central valley water sales (AP Photo/Aspen Daily Times, Heather Rosseau) In this July 24, 2009 photo, Lynda Resnick, co-owner and vice chairman of Roll International, speaks at Aspen Institute's Health Forum in Aspen, Colo. Lynda and her husband Stewart Resnick are among the nation's largest corporate farmers and are generous philanthropists and political donors, giving $536,000 to Democratic and Republican California governors in the last decade. But as their marketshare rises worldwide, one of the billionaires' competitors is fighting back, accusing the Western power couple of profiting at the public's expense, court records and interviews show. BY GARANCE BURKE ASSOCIATED PRESS Published: Saturday, April 10, 2010 at 10:58 a.m. Last Modified: Saturday, April 10, 2010 at 10:58 a.m. FRESNO, Calif. They grew their fortune in the California sun, turning pedestrian fruits and nuts into a vast and varied empire that secured their place in Hollywood.

Page 5 of 7 Stewart and Lynda Resnick's flashy bottles of Fiji Water and POM Wonderful are now coveted across the globe. Their donations keep the lights on in art museums across the country. And Gov. Arnold Schwarzenegger and Arianna Huffington count them among their dearest friends. But as their marketshare rises worldwide, one of the billionaires' competitors is fighting back, accusing the Western power couple of profiting at the public's expense, court records and interviews show. Now, as drought-stricken California weighs whether to give private companies more control in managing its scarce water supplies, a new lawsuit claiming the Resnicks violated utilities law by making money from a vast, taxpayer-funded underground reservoir is causing a stir in the state Capitol. "Water is a public resource, owned by the people," said Democratic Assemblyman Jared Huffman of San Rafael. "We shouldn't be giving away public funds to private sector interests, let alone choosing winners and losers in the business world." The Resnicks, who live in a Beverly Hills mansion and have a second home in Aspen, Colo., are among the nation's largest corporate farmers and are generous philanthropists and political donors, giving $536,000 to Democratic and Republican California governors in the last decade. 1 2 3 4 5 Next Page All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged. Enlarge Text Email Print Reprint Share Your Name Your Email Recipient's Email Send View One Page WITH PHOTO NO PHOTO FACEBOOK YAHOO NEWSVINE DEL.ICIO.US Pay More Than $44/Mo on Car Insurance? Car Insurance Top Secret Exposed - We've Done the Work to Help Auto-Insurance Flood Co Find top-rated Flood Assistance Services. Try Citysearch now Citysearch.com Flood Squad- Emergency & Get this Flood Assistance Program's reviews & find Social Services. Sacramento Ads by Yahoo!

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