Hoover scholars ponder causes of Panic of 2008
PALO ALTO — A toxic mix of politics, policy and bad regulation flushed trillions of dollars down the drain in the Panic of 2008, putting America’s role as the global economic leader at risk. If we are really lucky, we will not experience a Japanese-style housing deflation that lasts another decade. If we are not Read More →
Cal Poly releases first student-made wine
Despite starting a wine and viticulture major just three years ago, California Polytechnic State University, San Luis Obispo, is well on its way to becoming a national academic leader in the wine industry. This fall, Cal Poly released its first student-made wine – from the 2006 harvest – and is planning a large public release Read More →
Commercial real estate deals are booming in Tri-Counties
Who says there are no deals in the Tri-Counties? Here are some of the recent commercial real estate deals: • Livingreen has leased 2,650 square feet of retail space at 614 N. Milpas, Santa Barbara. Brian Johnson and Bob Tuler of Radius Group represented the owner and Jim Turner of Latitude Inc. represented the lessee. Read More →
Hard lessons for surviving economic troubles
On Friday, Oct. 10, I had the honor of delivering the keynote address to the annual meeting of Coastal Business Finance, a nonprofit organization that helps small businesses get financing on the Central Coast. It was a sunny afternoon in Santa Maria and I was trying to strike an upbeat note as the stock market Read More →
Wood & Bender attorneys go on tour to discuss AIG issues
In the wake of the federal government’s $85 billion seizure of insurance giant American International Group, or AIG, Wood & Bender, a Ventura-based firm that specializes in helping companies wrench claims from their insurers, has gone on tour to explain what it all means and how companies can boost their chances of getting insurers to Read More →
Campus housing in the Tri-Counties continues to grow by leaps and bound
On the Central Coast, there’s one big exception to the industry-wide slowdown of the residential real estate market: university housing. Area colleges are planning, building or opening dormitory projects that could add more than 8,500 beds to the region’s student housing stock and 2,500 faculty and staff residential units. Cal Poly California Polytechnic State University, Read More →
California, Iceland caught in economic meltdown
Iceland and California are two places you don’t often find mentioned in the same sentence. But they are part of the reason why mayhem in the financial markets shows no sign of quieting down anytime soon. California’s budget problems are well documented in these news pages. This newspaper warned just a few weeks ago that Read More →