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Editorial: Banks turning a big corner
Third quarter results on the banking front hint at a long-awaited turnaround in the region’s financial services industry. Pacific Capital Bancorp., the region’s largest banking institution, posted a profit for the month of September after getting a $500 million infusion from the Ford Financial group out of Texas. The bank has essentially got a new Read More →
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Looking for the economy’s silver lining
With the economic forecast season about to get underway, two things are absolutely certain: 1. The experts are going to have strong opinions. 2. Most of the time they’re going to be wrong. So, with the knowledge that my amateur views are likely to be better than at least a few of the pros, let’s Read More →
