Scam Diego Entries for August, 2008

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Amount Moores Group Is Offering to Peregrine Victims is $55 Million; Originally, Plaintiffs Wanted Over a Billion

John Moores and four other former officials of scandal-plagued and bankrupt Peregrine Systems are offering to pay aggrieved investors a ...

Union-Tribune's New Buyout Program Suggests the Company May Be Bought Out Soon, and May Be in Cash Flow Squeeze

The Union-Tribune today (Aug. 28) offered still another buyout program to non-union employees with 5 years or more of service. ...

Union-Tribune Seeking More Buyouts Today; Details To Come Later

The Union-Tribune, which has pared the payroll sharply in the last two years, today (Aug. 28) offered another buyout package ...

John Moores and Peregrine Cronies Agree to "Very Significant" Settlement in Civil Suit, but Victims' Lawyers Battle

John Moores, former chairman of the fraud-suffused Peregrine Systems, along with four former officers and directors, has agreed to what ...

Amylin Pharmaceuticals Stock Plunging Again on More Bad News on Diabetes Drug

Stock of biotech Amylin Pharmaceuticals is down 23.49 percent today (Aug. 27) to $20.84, the lowest level in three years, ...

Asian Households Had Highest Median Incomes in County in 2007, Census Data Show

An analysis by the Center on Policy Initiatives of 2007 U.S. Census Bureau data shows that households of people of ...

San Diego Single Family Home Prices Have Now Plunged 30 Percent from Their 2005 Peak

San Diego existing single family home prices in June dropped 24.2 percent from a year earlier, according to the Standard ...

Canadian Newspaper Company Looking at Union-Tribune; Would Take Advantage of Strong "Loonie"

Black Press Ltd., which produces newspapers in Alberta and British Columbia, Canada, sent its bean counters and press experts to ...

State Lands Commission Approves Lease of State Property for Poseidon's Carlsbad Desalination Plant

The State Lands Commission today (Aug. 22) voted to approve a lease of state property for the Carlsbad desalination plant ...

McCains Have Eight to Eleven Homes -- Two in Coronado, One in La Jolla, Says Blog

Presumptive presidential candidate John McCain doesn't know how many homes he and his wife own, but Talking Points Memo, a ...

UCSD Tied for 35th in U.S. News's Annual Ranking of Universities

The University of California/San Diego is tied for 35th in this year's newly released ranking of universities by the magazine ...

Mike Aguirre's Brother Will Be Unpaid Intern

Gary Aguirre, brother of City Attorney Mike Aguirre, will be an "unpaid intern," says his brother Mike. In an earlier ...

Billionaire Richard Mellon Scaife Not Interested in Buying U-T

Richard Mellon Scaife, the Pittsburgh billionaire who owns newspapers and is a major donor to conservative causes, is not interested ...

Mike Aguirre Has Hired His Brother at City Attorney's Office; Flak Expected

City Attorney Mike Aguirre has hired his brother, Gary Aguirre, at the city attorney's office, insiders confirm privately. His brother ...

If You Get Pitch from L.A. Company called Property Tax Reassessment, Call the D.A.

People in San Diego County and throughout the state are getting a dubious pitch from a company called Property Tax ...

Novatel Stock Down 24.3 Percent as Wireless Company Foresees Rough Times

Stock of San Diego's Novatel Wireless, broadband access equipment provider, has plunged 24.3 percent today (Aug. 20) following a weak ...

Maritime Terminals Create Good Jobs, Says Research Institute; Idea to "Double-Deck" 10th Ave. Terminal Would Hurt Economy

The two maritime terminals operated by the Port have an estimated annual economic impact between $1.7 billion and $1.8 billion, ...

Amylin Strock Plunges 13 Percent As Deaths Reported in Use of its Diabetes Drug

Stock of Amylin Pharmaceuticals plummeted 13 percent today (Aug, 18) to $29.76 as the Food and Drug Administration said it ...

San Diego Continues Losing Jobs; Unemployment Rate in July Was 6.4 Percent, Above Nation's 6.0 Percent

San Diego County continues to lose jobs, according to the report for July issued today (Aug. 15) by the state's ...

Bad News for Copley, Good for KUSI: Cox Selling Austin, Other Papers Amid Gloomier Newspaper Environment

Cox Enterprises has put the Austin American-Statesman up for sale, along with ten papers in smaller cities such as Waco. ...

Co-Counsel in District Attorney's Pension Conflict of Interest Case Takes Job with Superior Court

Will La Fond, who has been co-counsel with Steve Robinson on the district attorney's conflict of interest case against six ...

U-T Continues To Overstate Its Circulation Publicly, but a Potential Buyer Won't Be Fooled

On April 28 of this year, the Audit Bureau of Circulations, the official statistics-keeper on newspaper circulation, reported that the ...

Recession Hitting San Diego's Superrich; Some Socialites Wearing the Same Gown Twice; Jewel Ball Doesn't Sell Out

The bear market and economic downturn are taking their toll on San Diego's Beautiful People, reports Margo Schwab, who covers ...

Wealthy Local Citizens Discuss Buying U-T, Combining It with KUSI-TV, Possibly Having 24-Hour News Program

A group of wealthy local citizens has approached the Union-Tribune about buying the newspaper, I have confirmed. Michael McKinnon, who ...

Mission Hills Nation's 5th Most Overpriced Neighborhood, Says Forbes.com

San Diego's Mission Hills is the country's fifth most overpriced area, according to the new Forbes.com article, "America's Most Overpriced ...

Moores's JMI Knocks Condos Out of Austin Project, Citing San Diego Failures

John Moores's JMI Realty has reduced the size of a planned Austin, Texas building, Hotel Van Zandt, to 16 stories ...