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By Henry Dubroff / Friday, April 21st, 2017 / Columns, Latest news / Comments Off on Dubroff: Michael Towbes’ legacy of giving lives on after his death
After a successful career as a developer and banker, Michael Towbes spent the last two decades of his life with an increased focus on philanthropy. He was not simply giving back. He was deliberately creating a legacy for his enterprises to remain rooted in the community, while shaping and guiding the region’s cultural institutions. That Read More →
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Updated at 12:05 p.m. April 24: When a Plains All American pipeline broke, spilling 142,000 gallons near Refugio Beach two years ago, few would have foreseen the unintended consequence that played out in a Delaware bankruptcy court on April 17. Venoco, a capable operator and the largest corporate taxpayer in Santa Barbara County, announced it Read More →
Santa Barbara-based American Riviera Bank showed strong growth for the first quarter of 2017, posting an unaudited net income of $956,000 or 22 cents per share. The rise represents a 426 percent increase from the $182,000 or 4 cents per share reported for the first quarter ended March 31, 2016. The growth is the latest Read More →