Editorial: Bank turnarounds offer a ray of hope
OpinionIf there is one thing we’ve learned from the painful experiences of the past couple of years it is this: As banks go, so goes the regional economy. And from that perspective, it appears the deep recession in real estate is slowly disappearing in the rearview mirror. Surprise first-quarter profits at Community West and American Read More →
Editorial: ACLU, Arnold step up for kids
OpinionClosing the housing gap and getting our economy back on track is going to take skilled workers filling high paying jobs. The training for those jobs begins in our primary and secondary schools. Which is why we think it was smart for Gov. Arnold Schwarzenegger to side with the ACLU and others who want to Read More →
Goldman mess spotlights crisis in executive suite
ColumnsLook around at the economic wreckage of the past couple of years and one thing is obvious — we have witnessed the most colossal failure of management in the history of the modern corporation. For all the talk about government intervention, TARP and the need to rewrite financial regulation to prevent another meltdown, the actual Read More →
Countrywide identity theft suit hits home in Ventura County
UncategorizedClaiming $20 million in identity theft damages, 16 Ventura County residents have sued Countrywide Financial Corp., the defunct subprime lender now owned by Bank of America. The lawsuit comes after the 2008 arrest of two men, one of them a Countrywide analyst, who were accused of stealing and then selling the identity information of 2.4 million Read More →
