Post-Madoff era still rife with schemes
Ponzi schemes, insider trading and mortgage fraud have sunk white collar crimes into their lowest nadir since the junk bond era.
Cities will have to lead state’s recovery
Californians are learning how to muddle through the recovery.
Globalization trickles down to small firms
When it comes to tourism, the Internet is a big driver, and California is a favorite for Asian travelers.
Area banker tells Fed chair how grim it is
Santa Barbara resident and California Bankers Association President Rod Brown recently met with Ben Bernanke.
What did Sheila Bair know about Banco BuenaVentura, and when did she know it?
It might be the understatement of the decade to describe Sheila Bair as a complex creature. The recently retired chair of the Federal Deposit Insurance Corp. was early to spot the evils of sub-prime mortgage lending — she warned about them as a Treasury official in 2002. During the 2008 financial crisis, she famously feuded Read More →
World’s worst deal, right in our back yard
Like millions of suffering homeowners who bought at the top, Bank of America now is suffering the extended consequences of the real estate bust.
Looking past the gloom for a way forward
Swept aside in this summer from hell have been a few very promising developments.
