Ventura County Business Bank gives hope to area banks
OpinionIt might be the understatement of the decade to say that raising capital has been extremely difficult for area banks. But in a very difficult environment, President Jerry Lukiewski at Ventura County Business Bank has found a way to increase his bank’s capital and perhaps set the stage for the acquisition of assets or other Read More →
Business tax violates Sol
ColumnsFirst, a disclosure. My late father, Sol Dubroff, spent much of his career as a tax systems architect, working for the U.S. Treasury and later for the IMF and other development agencies. He absolutely detested the value added tax, or VAT. He accepted the fact that taxes are the price we pay for liberty and Read More →
Rejecting Measure B is crucial to city
OpinionWe’ll go ahead and put the Business Times officially on the record as opposing so-called Measure B height limits for the city of Santa Barbara. We’ve generally been opposed to the more onerous of these measures, whether they cropped up in Ventura or San Luis Obispo. And there are really sound business reasons why unreasonable Read More →
Rivals, regulators wait for PCBC results
Personal FinanceAs the end of the third quarter approaches, Wall Street is focused on one number in Pacific Capital Bancorp’s results: tier one capital. After Sept. 30, the region’s largest independent banking company and parent of Santa Barbara Bank & Trust will have to show federal regulators that it’s raised its all-important tier one leverage ratio, Read More →
Your right to know
OpinionThe Business Times Web site received quite a bit of flak from our recent story on a bankruptcy filing involving Montecito’s Klink family. We’ll take a minute to state something that should be obvious — a bankruptcy filing is a public document, which provides any media outlet with an absolute privilege to publish the information Read More →
