Anchor ads are not supported on this page.
Print Edition
Classifieds
Stories
Events
Contests
Music
Movies
Theater
Food
Life Events
Cannabis
May 1, 2024
April 24, 2024
April 17, 2024
April 10, 2024
April 2, 2024
March 27, 2024
March 20, 2024
March 13, 2024
March 6, 2024
February 28, 2024
February 21, 2024
February 14, 2024
Close
May 1, 2024
April 24, 2024
April 17, 2024
April 10, 2024
April 2, 2024
March 27, 2024
March 20, 2024
March 13, 2024
March 6, 2024
February 28, 2024
February 21, 2024
February 14, 2024
May 1, 2024
April 24, 2024
April 17, 2024
April 10, 2024
April 2, 2024
March 27, 2024
March 20, 2024
March 13, 2024
March 6, 2024
February 28, 2024
February 21, 2024
February 14, 2024
Close
Anchor ads are not supported on this page.
U-T to be sold to L.A. Times parent for $85 million
So does Steven Greenhut continue to get his page A2 column in the "news" section? I always thought he should be on the opinion pages.— May 8, 2015 9:32 a.m.
U-T to be sold to L.A. Times parent for $85 million
A bad day for Dinesh D'Souza. No more free (or discounted) movie advertisements.— May 7, 2015 9:34 p.m.
No Plea Deal for Madoff; Could Spend Remaining Days in Prison
If the judge remands today, Bernie may want to move for a quicker sentencing date than originally expected. Local custody pending sentencing and then placement by the Bureau of Prisons will be far from "Club Fed." Here's an excellent article in Bloomberg today. http://www.bloomberg.com/apps/news?pid=20601109&s…— March 12, 2009 4:52 a.m.
No Plea Deal for Madoff; Could Spend Remaining Days in Prison
"Madoff has become the embodiment of the excesses, greed and deceit that got us into this mess." Don, looks like Charles Ponzi will be dethroned as the king of fraud. While hardly anyone knows what Ponzi looks like, Bernie's face will be etched into our memories for years to come. I, too, think the judge will remand him once the plea is taken. If not, a public uproar would be appropriate and widely heard.— March 11, 2009 9 a.m.
No Plea Deal for Madoff; Could Spend Remaining Days in Prison
Anything near a proper application of the Sentencing Guidelines should result in the equivalent of a life sentence for a man of Bernie's age. I wonder how much time the judge will allow him to remain free on bail prior to self-surrender or remand to custody. Thus far, his attorney has succeeded in delaying the inevitable. Despite the lack of a plea agreement, future cooperation might prompt a petition for a reduction in sentence from the government. However, that would have to be extraordinary "substantial assistance" and it would be poorly received by the public (and hopefully the judge).— March 10, 2009 5:07 p.m.
Names of $100,000 City Retiree Club
Don, the San Diego Union-Tribune editorial on 2/13/09 provided details on the pension crisis and urged the pension board to "slash payments." My question is...Where were they when the city council and Mayor Golding put this monstrosity together in the first place? Did they sounds the alarms then?— February 14, 2009 12:47 p.m.
List of Madoff Investors Now Public. Some San Diegans Tell Their Tales of Woe
Reportedly Thomsen's replacement may be Robert Khuzami, current General Counsel for Deutsche Bank and a former Assistant United States Attorney for the Southern District of New York. Khuzami is a republican who contributed $2,300 to McCain's 2008 presidential campaign. Schapiro was effusive in her praise of the departing Thomsen. Not good signs for a new leaf at the SEC; perhaps we need both Aguirre brothers to weigh in!— February 10, 2009 9:16 a.m.
List of Madoff Investors Now Public. Some San Diegans Tell Their Tales of Woe
SEC Enforcement Director Linda Chatman Thomsen resigned today. She was one of the deer in the headlights brought before the congressional subcomittee last week who couldn't/wouldn't talk about the Madoff case. I suspect that we will see others resign and I hope that the media pays close attention to this ongoing story. While there is plenty of blame to go around, the selection of Christopher Cox as SEC Director by Bush was one of the most blatantly transparent and egregious acts I can recall in laissez faire government. Mary Schapiro needs to be under close scrutiny as she takes the helm.— February 9, 2009 2:41 p.m.
List of Madoff Investors Now Public. Some San Diegans Tell Their Tales of Woe
The other day, I had the opportunity to watch the coverage on CSPAN of the House subcommittee on Financial Services. (I know, get a life!) There was a remarkable difference between the testimony of Harry Markopolos and that of the toadies from the SEC. I subsequently researched Markopolos "red flags" report and found the document (cited below)amazing. While it is clear that the SEC is incapable of policing itself and its Inspector General has thus far stonewalled Congress, I suspect that a day of reckoning may be forthcoming. The ranting of Rep. Ackerman aside, I hope the Madoff scandal will be fully investigated not only by Congress but by the Dept. of Justice. As Ackerman pointed out, Madoff was not the only bad guy; the SEC is riddled with them. Moreover, I was intrigued by Markopolos' suggestion that organized crime was inextricably involved in the Ponzi scheme (while also asking them to see he's on their side, lol). If Madoff is to see any relief in his eventual sentencing, his proferred cooperation will be most critical. This story has many tentacles and, yes, the lawyers will have a field day with most of them. Oliver Stone may already be working on the screenplay. http://online.wsj.com/documents/Madoff_SECdocs_20…— February 6, 2009 9:39 a.m.
Wall Street Journal Puffs Up Sam Wyly, Ignoring Offshore Tax Shenanigans Uncovered by Congressional Investigators
"It will disabuse you of any notion that lawyers are reputable members of society." Well, not all of them, but this story reminds me of a local scoundrel, you're sure to remember who also wrote a book on how to off-shore money to avoid taxes. While less likely to garner the kudos of the Wall Street Journal, you did a fine job of exposing the antics of B. Roland Frasier several years ago. He never received the full "credit" he deserved, but his most infamous client suffered the worst type of outcome while relaxing in Mexico. I wonder what Roland is up to these days? Keep up the great work Don!— January 1, 2009 10:13 p.m.