Two more developers in SLO file for bankruptcy protection
ColumnsIt’s not just prominent hotelier John King who’s struggling in San Luis Obispo County. Smaller developers and real estate investors are having a hard time, too. San Luis Obispo-based Barkwood Development filed for Chapter 11 bankruptcy protection in late July, listing $2.4 million in liabilities and $7.5 million in assets. In an unrelated case filed Read More →
Editorial: Congrats, Clipper
OpinionWe’ll take a minute to recognize Clipper Windpower of Carpinteria, once again the fastest growing company in the Tri-Counties. Partly due to timing and to the recession, which has taken the wind out of the revenue growth numbers for dozens of area companies, Clipper has taken top honors in the Business Times’ annual review of Read More →
Bill Thomas
ColumnsWhen I saw that former U.S. Rep. Bill Thomas, R-Bakersfield, had been named vice chairman of the Financial Crisis Inquiry Commission, I started paying attention. Thomas is a fiscal policy expert who knows tax law as well as anyone. He is a Republican with the sort of common-sense approach that represents the GOP at its Read More →
Editorial: Three big deals could signal Conejo comeback
OpinionThe Conejo Valley stretch of the Highway 101 corridor is looking like an early winner as the economy emerges from the Great Recession. We’re basing our judgment on one key factor — capital flows. In just 10 days in late August and early September, capital raises worth more than $200 million were announced for the Read More →