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Stories by Don Bauder

Homes worth zero

Fannie Mae busts rogue stealing and selling titles

Daniel Deaibes pleaded guilty in federal court today (March 18) to stealing titles of homes and then selling them to victims who learned they owned a home worth nothing. Deaibes and two other defendants, Mazen ...

We dribble

SD rated as one of least-mad roundball cities

What are the maddest of the mad American basketball-mad cities? WalletHub, which compiles statistics on United States metropolitan areas and states, has used several metrics to measure the craziest basketball cities. Among those metrics: number ...

Small boost in price of San Bruno explosion

Public utilities commission says PG&E must shell out $200M more

The California Public Utilities Commission on March 13 announced that Pacific Gas & Electric must shell out more money for its role in the 2010 explosion in San Bruno that killed several people and leveled ...

A scheme to lower engineers’ wages

The (false) case for foreign tech workers

Qualcomm’s stated motivation behind the push for H-1B workers is H-1BS.

January unemployment rate rises

County lost 20,100 jobs in the month

The San Diego County unemployment rate was 5.8 percent in January, up from 5.5 percent in December, according to the state Employment Development Department. However, the rate was down from the 7.2 percent of a ...

AEG pulls out of L.A. stadium negotiations

Chargers may have shot at Inglewood location — if team has money

The Los Angeles Times is reporting this evening (March 9) that Anschutz Entertainment Group (AEG), owned by multi-billionaire Philip Anschutz, is pulling out of its plans to build a football stadium in downtown Los Angeles. ...

Qualcomm engineers its financial product

Company will buy back $15 billion of stock

On the day of its annual meeting in San Diego (March 9), Qualcomm announced a a plan to buy back $15 billion of its common stock. It still has $2.1 billion stock it can buy ...

Sort of like the results of a fad diet

Stock value of Orexigen rises and falls based on news of weight-loss drug

Stock of San Diego biotech Orexigen Therapeutics, which produces a weight-loss product, Contrave, has had a full ride in a short time. The Food and Drug Administration (FDA) is irate over the company's release of ...

Missing from the Minkow movie

He was never redeemed

The unfinished movie about Barry Minkow characterizes him as an ex-crook turned angel. The script must be completely rewritten.

South Korea is investigating Qualcomm

Antitrust the topic, as it was in China

The publication androidheadlines.com is reporting that, according to an unnamed source in South Korea's Trade Commission, Qualcomm is under investigation by that country. This was first reported by Maeil Business Newspaper of South Korea. The ...

Holy Ram nation, Mr. Spanos

Chargers' L.A. option may vanish if Inglewood council okays Kroenke stadium

According to two stories (February 9 and February 12), in the Los Angeles Times, the Inglewood City Council could vote as early as February 24 on developer Stan Kroenke's plan to build a $1.5 billion ...

As San Diego's economy hollows...

52,000 jobs paying $38K to $56K a year were lost in past decade

San Diego County lost 52,000 middle-wage jobs (paying $38,000 to $56,000 a year) between 2004 and 2014, according to new data from the United States Bureau of Labor Statistics. "What we have been failing to ...

You may turn down rental car insurance and still pay for it

Local attorneys pursue case against Dollar Rent A Car

Travelers turn down rental car insurance but still get charged.

San Diego, mortgage hot spot

Turn-down rate here for African-Americans is less than half national average

Among the nation's 30 largest metro areas, San Diego is the best for an African-Amerian attempting to get a mortgage. Zillow.com came out with a study yesterday (February 9). It measures the rate at which ...

Shut up! Shut up!

Edison admits secret huddle with Michael Peevey on San Onofre

This afternoon (February 9), Southern California Edison belatedly filed a document with the California Public Utilities Commission, admitting that the company met secretly with former commission president Michael Peevey. At the secret meeting, Peevey suggested ...

Muscular marketing

Cytosport's Muscle Milk products not as advertised

The San Diego law firm of Finkelstein & Krinsk, representing three plaintiffs, has sued Benicia-based Cytosport in federal court on grounds that the company's sports nutrition products do not contain the ingredients and characteristics advertised. ...

Los Angeles is for lovers

And San Diego is fourth best place for Valentine's Day

San Diego will be the fourth best city in the nation for celebrating Valentine's Day February 14, says WalletHub, the outfit that keeps state, city, and metro area statistics. San Diego will have the second ...

Edison screws its employees, too

Tech press and politicians complain of H-1B abuses

Southern California Edison, whose electricity rates are consistently among the highest in the nation, isn't satisfied just to screw ratepayers. Now, politicians in both houses of Congress, along with technology publications and academics, are strongly ...

FDA undercover

Agents crack down on youth smoking, warning letters sent

Food and Drug Administration undercover agents are patrolling retail outlets, looking for sales of tobacco products to young people under age 18. The FDA got this authority under the Tobacco Control Act of 2009. The ...

The better to bamboozle you

Securities & Exchange Commission freezes assets of Total Wealth Management

The Securities and Exchange Commission today (February 5) announced it has achieved an emergency asset freeze and temporary restraining order against Jacob Keith Cooper and his investment firm Total Wealth Management. On his KOGO radio ...

Appellate court rebuffs wild-goose Chase

Poway couple loses case to J.P. Morgan Chase

On January 30, the Court of Appeal, Fourth Appellate District, gave a pretty good spanking to a Poway couple who appealed when a Superior Court judge ruled in favor of the big J.P. Morgan Chase ...

Lawyers on the wrong side of the law

Money-laundering attorney on suspension and one on probation

According to yesterday's (February 2), Cal Bar Journal, well-known criminal attorney James Joseph (Jimmy) Warner has been placed on interim suspension. On July 15 of last year, Warner pleaded guilty to laundering $100,000 of a ...

Chargers stadium task force "packed"

Financially strapped city and team owner, but, here come the experts

The U-T editorialized today (January 31) that the task force on the Chargers stadium is "packed with the right mix of expertise." Of course it is "packed" — just as all the other task forces ...

Qualcomm stock plunges 10.28 percent

Company's Snapdragon 810 processor nixed from Samsung smartphone

Stock of San Diego's giant Qualcomm plummeted 10.28 percent today (January 29) on a day when the overall market was strong. The company said that its Snapdragon 810 processor will not be in the upcoming ...

Former public utilities president's home searched

Michael Peevey suspected in judge-shopping scandal, as is PG&E exec

The San Francisco Chronicle reported last evening (January 28) that agents of the state attorney general's office on Tuesday seized computers and other items from the Los Angeles County home of former California Public Utilities ...

Where the football fanatics live

San Diego is near the top (and other surprises)

Where are the wildest, craziest football fans in the United States? If you guessed Green Bay, Wisconsin, you would be correct. But you wouldn't guess the least football-crazed city. It's Las Vegas, Nevada, where the ...

Luddy learned from Moores

Sell early, sell big

Frederic Luddy rapidly unloaded shares of company he founded, ServiceNow. So did John Moores. Peregrine Redux?

Romney selling La Jolla home

Anyone want a luxury home with a car elevator?

The Boston Globe is reporting today that Mitt Romney is selling his La Jolla home. The story has been picked up by inside-Washington media such as Politico. The home has been controversial, and is not ...

San Diego Opera happy

But this year’s saviors will need to come through in the future

The San Diego Opera, which went through death throes last year, then recovered, is starting its 50th season in remarkably good shape. Saturday night’s opening of Puccini’s La Bohème was sold out, and Sunday (Super ...

Alvis to keep up the jailhouse rockin'

Petition to reconsider life sentence of career criminal denied

The Court of Appeal for the Fourth Appellate District has decided that Alvis J. Bailey will remain in prison. He petitioned to have his life sentence reconsidered. The trial court would have none of it. ...

Super Bowl lies

Game nets a city around $600 million? More like $30 million

Today's (January 26) New York Times carries a story that should help destroy the lie that hosting a Super Bowl is the road to Golconda. The National Football League has perpetuated this falsehood for years, ...

Hubby got stabbed for makin' whoopee

Appeals court says wife properly waived her right to a jury trial

On Friday (January 23) the Court of Appeal for the Fourth Appellate District said a vengeful spouse was properly denied a jury trial. On June 7, 2012, Tammie Terrell Aldridge (a.k.a. Tammie Terrell Wicker) learned ...

Jockstrap rant

Rumor: Chargers, Goldman Sachs to build L.A. stadium

Some jockstrap chat sites are running a rumor that the Chargers and Wall Street's Goldman Sachs will team up to build a stadium in Los Angeles. The site rantsports.com ran a brief item on the ...

How about that raise, Boss?

County unemployment rate down — but so is household income

The San Diego County unemployment rate dropped to 5.2 percent in in December, down from a revised 5.8 percent in November, according to the state Employment Development Department. Non-farm jobs grew by 600 in the ...

FBI sting nabs sports agents plotting to screw clients

"I'm going to make as much money as I can because I run the risk of him firing me…"

A San Diego-based FBI sting operation has nabbed two professional sports agents plotting to fleece their clients in an investment scam. The agents are Joseph Vaccaro of New York City's Dynasty Management and Vincent "Vinnie" ...

A lesson in racism?

Black police sergeant files suit over cartoon used in SDPD training

Arthur Scott, an African-American police sergeant, filed a harassment and discrimination suit yesterday (January 20) against the City of San Diego. Scott, who has been with the San Diego force since 2004, says that discriminatory ...

U-T says "follow Lucchino." Right on!

Former Padres exec doesn't believe in public-subsidized stadiums

The U-T has a story today (January 20) with the headline: "Chargers should follow Lucchino's trail." The gist is that if the Chargers had a hustler like Larry Lucchino, a former Padres president (1995–2001), the ...

Financial freedom, anyone?

New Anthony Robbins book makes best-seller lists, however...

Anthony (Tony) Robbins, who bills himself as a life and success coach and self-help author, is out with his first book in more than twenty years: Money: Master the Game — 7 Simple Steps to ...

What about that Spanos money?

Chargers owners' $200M for new stadium could empty their bank account

The City of San Diego has an infrastructure deficit of well over $2 billion, and that doesn't include critical projects tied to the water shortage, climate change, and many other things. You can easily double ...

Public relations — er, utilities commission chief speaks

Is Michael Picker more interested in smoothing over corruption?

At a meeting of the California Public Utilities Commission (CPUC) today (January 15), the new president, Michael Picker, acknowledged that the agency has had ethical problems and pledged reform. Picker conceded that there "is uncertainty ...

Mayor Faulconer's folly

Budget analyst says "the city does not have enough resources"

In his state of the city address yesterday evening (January 14), mayor Kevin Faulconer said he wants to repair long-neglected infrastructure, take action on expansion of the convention center, and build a stadium for the ...

New sewer lines or new stadium? Your choice.

Will Chargers eat up our sidewalks? Local infrastructure remains wholly inadequate.

All recognize the infrastructure is ailing. Still, a subsidized stadium for a billionaire family may well prevail.

Rake in $1 million a year! Pay no taxes!

Then go to the slammer for four years

Encinitas osteopath Dr. James Francis Murphy today (January 13) was sentenced to four years in prison and his wife, Denine Christine Murphy got a year under house arrest for paying almost no federal income taxes ...

Please, no Encore

Bad-debt buyer agrees to reform, wants judgments thrown out

Encore Capital Group, a publicly held San Diego company that buys bad debt cheaply and then pressures debtors to cough up, agreed Friday, January 9, to reform. The company reached agreement with the State of ...

Wanted: New CPUC president's erased emails

Is Michael Picker as cozy as Peevey was with Edison?

This morning (January 12), Maria Severson of the law firm Aguirre & Severson will call for an immediate forensic investigation of all erased correspondence on the computers of the new California Public Utilities Commission (CPUC) ...

Developer vs. developer, continued

La Jolla real estate guy reputedly writing book to expose Lennar Corp.

Nicolas Marsch, onetime La Jolla socialite and wealthy real estate developer, is apparently writing a book about his nemesis, Florida-based big builder Lennar Corp. Up until recently, Marsch had a website touting his purported book, ...

San Diego's job market sucks

But at least we have an abundance of cafés

San Diego is among the five United States cities with the lowest number of job opportunities, according to WalletHub, a statistics-compiling organization that reports on cities and states. San Diego is the best of the ...

San Diego lawyer helps defend Dzhokhar Tsarnaev

Attorney Judy Clarke reputedly against death penalty

San Diego lawyer Judy Clarke has an almost perfect batting average. She represented Ted Kaczynski, called the Unabomber; Jared Lee Loughner, who shot Rep. Gabrielle Giffords; Zacarias Moussaoui, 9/11 suspect; and Susan Smith, who murdered ...

Get in line, Chargers

St. Louis Rams owner to build Inglewood stadium

The Los Angeles Times reported today (January 5) that Stan Kroenke, owner of the St. Louis Rams, plans to build an 80,000-seat NFL stadium in Inglewood. Such a rumor has been rampant for a year, ...

Peevey in their pocket

At CPUC, former commissioner communicated regularly with Edison

Michael Peevey, president of the California Public Utilities Commission (CPUC) for a dozen years, who retired at the end of 2014, kept up a steady, cozy email dialogue with officials of Southern California Edison while ...

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