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 →
From the editor: Mozilo’s ban a true black mark
The lifetime ban against former Countrywide 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. As reported over the weekend, the SEC settled with Mozilo and two top lieutenants in a case Read More →
‘J.R.’ takes on Wall St., and charities win
A generation after “Dallas” disappeared from the small screen, Ojai actor Larry Hagman has staged a comeback as a media star. The man who played J.R. Ewing was the subject of global news coverage — including a flattering column in the Sunday New York Times — after he won a big settlement against Citigroup and Read More →
Nonprofit seizes opportunity to turn hassle into new facility
Question: The city wants to extend a road through your property, right through a corner where several key buildings are located. What do you do? (a) Put up a fight. (b) Sell the city the land, and use the proceeds as seed money to build a new facility on your remaining property. Santa Maria-based VTC Read More →
CSU Channel Islands on a $75M campus building spree
CSU Channel Islands near Camarillo is the newest school in the California State University system, and it’s growing by leaps and bounds. To keep up with that growth, the school has construction projects in the pipeline totaling more than $75 million. First up is the $32.5 million North Hall project, which breaks ground Oct. 6. Read More →