The agreement calls for officers to disclose outside income, real estate, stocks and other assets and the size of bank accounts.
The policy is intended to help supervisors catch cops taking bribes and identify officers in financial straits who might be tempted to stray. When it went into effect, then-Chief William J. Bratton insisted the policy would not have any effect on recruiting and retaining gang cops. However, erosion in the ranks is apparent.
According to the Los Angeles Times, supervisors at the Newton Area station in South Los Angeles, where 51 street gangs are active, received permission to add 14 officers to the station's gang operation earlier this year, but few officers applied for the job.