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Clouds over Camarillo – Despite retail mecca, budget woes loom

By   /  Sunday, January 25th, 2009  /  Top Stories  /  Comments Off on Clouds over Camarillo – Despite retail mecca, budget woes loom

Being home to one of California’s biggest factory outlet malls, Camarillo seems to hold a winning hand as the state’s recession worsens. But no city is immune to the Golden State’s budget mess, and the uncertainty is frustrating to longtime City Manager Jerry Bankston. “The absence of a state budget is creating insecurities in Camarillo Read More →

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Red carpet rolled out – Film Festival vendors count on last-minute reservations

By   /  Sunday, January 25th, 2009  /  Uncategorized  /  Comments Off on Red carpet rolled out – Film Festival vendors count on last-minute reservations

The stars are out for Santa Barbara’s film festival, but local companies are bracing for what a special appearance by the recession could spell for business. As the first major tourist attraction of the year on the South Coast, the 24th annual Santa Barbara International Film Festival began Jan. 22 and continues through Feb. 1. Read More →

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Venture capital in a freeze – But Santa Barbara med-tech company isn

By   /  Sunday, January 25th, 2009  /  Uncategorized  /  Comments Off on Venture capital in a freeze – But Santa Barbara med-tech company isn

In December, Forrest Fleming went fishing in Dubai. Fishing for money, that is. Fleming heads Santa Barbara-based TrueVision Systems, which invented a 3-D projection system for surgical microscopes. The young 20-employee company was wrapping up its first year of revenue; it had pulled in $1 million. Fleming went to Dubai looking for investors for a Read More →

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Ojai Valley Inn & Spa plans marketing blitz

By   /  Sunday, January 25th, 2009  /  Uncategorized  /  Comments Off on Ojai Valley Inn & Spa plans marketing blitz

The Ojai Valley Inn & Spa is ramping up its marketing and offering a host of deals to lure vacationers during crucial mid-week nights. Like the rest of the hospitality industry, the high-end resort is fighting for a slice of a shrinking pie. Tri-county tourism promises to be one of the few bright spots in Read More →

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Legal jam leads to Ch. 7 filing for Distenfields

By   /  Sunday, January 25th, 2009  /  Law & Goverment  /  Comments Off on Legal jam leads to Ch. 7 filing for Distenfields

Ira and Linda Distenfield, who grew legal services firm We the People Forms & Service Centers into a national brand, filed for Chapter 7 bankruptcy Jan. 14. The Summerland residents listed $515,000 in assets and more than $5 million in liabilities. The Distenfields sold We the People for $12 million and $2 million in stock Read More →

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Area jobs at stake as BofA losses mount

By   /  Sunday, January 25th, 2009  /  Uncategorized  /  Comments Off on Area jobs at stake as BofA losses mount

Thousands of Ventura County jobs are in jeopardy after Bank of America announced a massive $1.79 billion fourth-quarter loss, the largest in nearly two decades. The report came almost exactly one year after Bank of America announced it would buy Countrywide Financial Corp., a Calabasas-based mortgage giant that had faltered badly amid the housing crisis. Read More →

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How to tell if President Obama is getting the job done

By   /  Sunday, January 25th, 2009  /  Columns  /  Comments Off on How to tell if President Obama is getting the job done

Now that the hoopla has died down and we’ve all gone back to work, it’s time to set some benchmarks for the new administration. Having been through a few of these cycles before, I’m not inclined to accept the “this time it’s different” line from anybody. It’s also been my observation that when really good Read More →