September 30, 2022
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Ventura County Business Bank spars over property

By   /  Monday, November 2nd, 2009  /  Top Stories  /  Comments Off on Ventura County Business Bank spars over property

A Ventura County lender is accusing the second-biggest bank in Los Angeles of mismanaging a real estate deal that may have given a U.S. congressman a $3 million discount on a foreclosed property. Oxnard-based Ventura County Business Bank sued Pasadena-based East West Bank in Ventura County Superior Court on Sept. 14 demanding to know more Read More →

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Granada leasing is tall order

By   /  Monday, October 26th, 2009  /  Top Stories  /  Comments Off on Granada leasing is tall order

Santa Barbarans like to think they live the good life. They feel like they’re on top of the world. And now they have the chance to claim space atop the city’s tallest building. The Granada Theatre spent the past few years wrapped in a cocoon of scaffolding and tarps before emerging as a fully restored Read More →

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Small banks caught in regulation crackdown

By   /  Monday, October 26th, 2009  /  Top Stories  /  Comments Off on Small banks caught in regulation crackdown

[Editor’s note:  A clarification regarding Community West Bank’s profits has been added at the bottom of the story.] Two banks with tri-county operations have received orders from federal regulators to raise capital. The parent companies of Solvang-based Los Padres Bank and Woodland Hills-based Western Commercial Bank both now face a series of deadlines to boost Read More →

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Bernanke at Bacara

By   /  Monday, October 26th, 2009  /  Top Stories  /  Comments Off on Bernanke at Bacara

Federal Reserve Chairman Ben Bernanke swooped through a Santa Barbara conference on Oct. 19, warning that Asia’s new export policies could lead to renewed trade imbalances if the U.S. doesn’t work with trade partners across the Pacific. During the invitation-only Asian Economic Policy Conference at the posh Bacara Resort & Spa, Bernanke said that low Read More →

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Bernanke warns against trade imbalances at Santa Barbara event

By   /  Monday, October 19th, 2009  /  Top Stories  /  Comments Off on Bernanke warns against trade imbalances at Santa Barbara event

Federal Reserve Chairman Ben Bernanke warned a gathering in Santa Barbara on Oct. 19 that Asia’s new export policies could lead to renewed trade imbalances if the U.S. doesn’t work with trade partners across the Pacific. In an event under tight security wraps at the Bacara Resort & Spa, Bernanke said that low interest rates Read More →

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Microsoft

By   /  Monday, October 19th, 2009  /  Top Stories  /  Comments Off on Microsoft

With Windows 7 slated for release Oct. 22, information technology firms around the Tri-Counties are gearing up for a flurry of new installations and breathing a sigh of relief that they finally have a decent Microsoft operating system to sell. Whether they have a financial incentive to brag on it or not, all of the Read More →

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Thousand Oaks builder counts on tech

By   /  Monday, October 19th, 2009  /  Top Stories  /  Comments Off on Thousand Oaks builder counts on tech

The past year nearly demolished some construction firms in the Tri-Counties, but one Thousand Oaks general contractor that carved out a niche building laboratories and other high-end projects has eked out gains. Wesely-Thomas Enterprises has built or remodeled for Amgen, Teledyne Technologies and facilities for California Lutheran University in Thousand Oaks, among other tri-county clients. Read More →