Totaling up the hefty price tag of Mozilo
The lifetime ban against former Countrywide Financial Corp. CEO Angelo Mozilo serving as an officer or director of a public company may be the most positive result to come from his settlement of a U.S. Securities and Exchange Commission complaint. But Mozilo’s company and his conduct created a decade-long road to economic ruin that reached Read More →
TrueVision sets its sights on Chinese market
TrueVision Systems, a Santa Barbara-based surgical technology firm, has sealed a deal to create a joint venture with a Chinese medical device company and will soon begin selling its gear in China. TrueVision makes a big-screen, 3-D display system that attaches to a surgeon’s microscope — think “Avatar” meets brain and eye surgery. The startup Read More →
FDA OKs Aranesp for pre-dialysis patients
Amgen’s anemia treatment Aranesp is safe for kidney patients whose disease doesn’t require dialysis, a federal panel announced Oct. 18 in response to a study that found the drug could increase stroke risk in those patients. Outside advisers to the U.S. Food and Drug Administration said the treatment shouldn’t be withdrawn or limited to a Read More →
Editorial: Clean-air rules can be a disruption
News that J.W. Bailey Construction Co. in Santa Barbara was closing its doors after 60 years came as a surprise. The company had a reputation for building high-quality buildings, often in the classic Santa Barbara style. But after years of suffering with the growth curbs that are the hallmark of doing business on the South Read More →
Editorial: Toward a unified West Ventura County chamber
Tom Kelley’s announced departure from the Camarillo Chamber of Commerce raises a prospect worth considering — the creation of a larger and more impactful business organization for West Ventura County. That’s why we’d encourage the boards of directors of the Oxnard, Ventura and Camarillo Chambers to consider creating a West Ventura County Chamber of Commerce. Read More →
