$5 million donated to hospital
UncategorizedAlexander “Stewart” and Louisa MacDougall have committed $5 million to support The Campaign for Cottage Health System. The gift will support construction, repair, and maintenance needs of the Cottage Eye Center, including the acquisition of important medical equipment. To honor their commitment, the facility, 2400 Bath St., Santa Barbara, will be renamed the Stewart and Read More →
Countrywide execs to get large awards
UncategorizedCountrywide Financial Corp.’s 14 senior executives are expected to receive stock-based awards of $28.5 million upon completion of the Calabasas-based lender’s sale to Bank of America Corp., a May 21 regulatory filing showed. Countrywide President David Sambol, who will run the combined companies’ mortgage business, would have awards valued at $12.4 million, based on Bank Read More →
Vaya con Dios, Padre Virgil
OpinionThe South Coast has lost a symbol of its history almost as familiar as the Old Santa Barbara Mission itself. Father Virgil Cordano took on the persona of the mission padres in his brown, flowing robe and wide-brimmed hat. He died May 22 after a series of ailments at the age of 89. Read More →
Partnership needed for bridge barrier plan
OpinionPlans to build a suicide-prevention barrier on the Cold Springs Bridge at the San Marcos Pass in Santa Barbara County have ranged in price from $605,000 to $3 million. Forty-three suicides – 31 in the past 25 years – have been committed by men and women leaping from the scenic, 400-foot-high bridge on Highway 154 Read More →
On a Mission
NonprofitsOne question tends to pop up more frequently in the Tri-Counties’ downtown areas as soon as temperatures rise: “Can you spare any change?” That question might be asked even more this year because of a sinking economy and the clean-up on Los Angeles’ notorious homeless hangout Skid Row. With Santa Barbara’s main homeless shelter, Casa Read More →
Capps weighs in on housing, economy
UncategorizedWhile this spring’s federal economic stimulus package is expected to help the tri-county economy, more needs to be done “to stop the bleeding” caused by the mortgage crisis, said Rep. Lois Capps, D-Santa Barbara, in a Memorial Day interview. The 10-year congresswoman said she favors legislation co-authored by Rep. Barney Frank, D-Mass., and two other Read More →
