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Lawsuits question foreclosure system

By   /  Friday, April 29th, 2011  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Lawsuits question foreclosure system

A Westlake Village attorney is asking a judge to rip up a homeowner’s mortgage and strike down the legal framework the lending industry uses to foreclose on notes that have been sliced, diced and sold so many times that it’s impossible for borrowers to tell who owns them.

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Sorkin, Zakaria up close

By   /  Friday, April 29th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Sorkin, Zakaria up close

Andrew Ross Sorkin, M&A reporter for the New York Times, and CNN host Fareed Zakaria will speak in Santa Barbara.

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Bank earnings rebound signals better times

By   /  Friday, April 29th, 2011  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Bank earnings rebound signals better times

Santa Barbara Bank & Trust and its smaller banking peers in the region are reporting improved earnings.

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EDCO faces shakeup

By   /  Friday, April 22nd, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on EDCO faces shakeup

EDCO is scrambling to restore its image after five directors resigned and its staff came under fire for spending taxpayer dollar sat faraway restaurants and resorts.

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Armstrong to beef up business ties

By   /  Friday, April 15th, 2011  /  Tri-County Economy  /  Comments Off on Armstrong to beef up business ties

When the new president of Cal Poly San Luis Obispo took the podium at theannual Central Coast Economic Symposium, April 7, some 350 business leaders did not know what to expect. But by the time Dr. Jeffrey Armstrong finished speaking some 15 minutes later,the audience knew two things. First, afterjust three months on the job, Armstrong has mastered the local geography andlearned quickly about what makes the economy work.

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Postal cutbacks signal crunch in public sector

By   /  Friday, January 14th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Postal cutbacks signal crunch in public sector

Between the rise of e-mail and the Great Recession, the U.S. Postal Service hasn’t had an easy decade. Mail volume is down 20 percent since 2006 and the agency has even discussed eliminating Saturday delivery.

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Postal Service weighs cuts in Oxnard

By   /  Friday, January 7th, 2011  /  Tri-County Economy  /  Comments Off on Postal Service weighs cuts in Oxnard

The U.S. Postal Service is considering closing its processing and distribution facility in Oxnard and moving the work to its Goleta facility, a move that would save about $1.8 million and cost the region 79 jobs. The Postal Service has scheduled a public meeting for Jan. 20 in Oxnard to review the proposal. At that Read More →

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