Jackson seeks Senate seat on GOP turf
UncategorizedDemocrat Hannah-Beth Jackson believes there are two keys to a healthy economy: education and infrastructure. “If you develop both of those, businesses will come,” Jackson said. Jackson served three terms as the representative of the 35th Assembly District, from 1998 to 2004. She is running for the 19th Senate District, which covers most of Santa Read More →
Goleta hotel industry booms amid revenue neutrality talks
ColumnsThe 2009 Goleta Economic Forecast covered some hot topics for the young city, including impacts of the oil industry, controversial incorporation issues and major commercial development projects. University of California, Santa Barbara, Economic Forecast Project Executive Director Bill Watkins said Goleta’s economy will continue to grow slowly, estimating a 1.3 percent increase in gross city Read More →
CEO
ColumnsConsider if you will, the “reform” that took place in Medicare rules a few years ago. Under these new rules, the government gets to “look back” five years to an elderly person’s earnings and asset transfers when mom or dad goes into a nursing home. The government can take those assets in case of a Read More →
Healthy banks speak up
UncategorizedAll eyes are on regional banks as one of the biggest hits to the financial industry since the Great Depression landed close to home Sept. 15 when Bank of America announced it would purchase Merrill Lynch for $50 billion. As of 2007, the failing company had four branches and 75 employees in the Tri-Counties. In Read More →
Mission Community to raise $4M in capital
UncategorizedIrvine-based Carpenter Community BancFund could soon own a hefty portion of San Luis Obispo-based Mission Community Bank, according to a bulletin released by the California Department of Financial Institutions this month. The bulletin said the CDFI had approved an application for the acquisition of control on Aug. 28. The companies are now waiting for final Read More →
Bank stocks continue to climb
UncategorizedBank of America BofA climbed to $37.48 by its final trade of the week, up from $30.58 at the close of the previous day. Meanwhile, Wells Fargo
