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By Pacific Coast Business Times Staff / Monday, September 7th, 2009 / Opinion / Comments Off on Government fiasco unmasked
We’ll give a shoutout to University of California, Santa Barbara, professor Jacqueline Stevens and reporter Kristin Collins of the Raleigh News & Observer in North Carolina. Stevens’ research and Collins’ reporting turned up the shocking tale of Mark Lyttle, a North Carolina native who was wrongly deported to Mexico and wound up in Guatemala, where Read More →
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By Pacific Coast Business Times Staff / Monday, September 7th, 2009 / Top Stories / Comments Off on $50M dash for cash sealed Affinity deal
Just three days before scooping up failed Ventura-based Affinity Bank on Aug. 28, San Diego-based Pacific Western Bank gave a $50 million signal that it was in acquisition mode. At a time when banks across the nation were struggling to raise capital, PacWest Bancorp, the bank’s holding company, came up with $50 million. The capital Read More →
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By Pacific Coast Business Times Staff / Monday, September 7th, 2009 / Top Stories / Comments Off on Pacificor revamps strategy
Twenty months after financier Michael Klein died in a high-profile plane crash, his Santa Barbara-based hedge fund, Pacificor, is still working through the deals it struck before a private Cesna 172 he chartered flew into a mountain in Panama. Pacificor is still trying to repair its investment in troubled automobile parts maker Dura Automotive Systems, Read More →
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By Pacific Coast Business Times Staff / Monday, September 7th, 2009 / Top Stories / Comments Off on Getting science right
A group pulling world-class researchers together in Goleta wants to take the spin out of science in the public debate. Novim brings small bands of researchers to the University of California, Santa Barbara, to tackle global questions. The idea is to get 10 of the world’s smartest experts in a room for a week, cut Read More →
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By Pacific Coast Business Times Staff / Monday, September 7th, 2009 / Columns / Comments Off on Shaking up Montecito
For the past few years, hedge fund managers were quietly filling in the gaps of their classic car collections, while the headlines oozing from around Montecito’s stone walls were largely celebrity dustups. Revelation of actor Rob Lowe’s already public address sparked major upheaval at the Santa Barbara News-Press. Julia Louis-Dreyfus took her best shots at Read More →
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By Pacific Coast Business Times Staff / Monday, September 7th, 2009 / Columns / Comments Off on September conferences forecast Ventura Co. real estate market
You won’t have to wait long to get the scoop on Ventura County’s housing market. September’s conferences will fill in all the gaps. • First up is the 2009 Ventura County Economic Outlook Conference, slated for Sept. 10 at the Westlake Hyatt. Economist Mark Schniepp will have a forecast for not only the housing market Read More →
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By Pacific Coast Business Times Staff / Monday, September 7th, 2009 / Uncategorized / Comments Off on Westlake company snags $8M in capital
Zumbox has raised an $8 million round of capital for its quest to make mail paperless nationwide. The company, which has 28 employees at its Westlake Village headquarters, wants to draw consumers in with a digital mailbox offering that’s more secure and less spammed than e-mail and, most importantly, tethered to a street address. The Read More →
