Scam Diego Entries for August, 2010

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Compared with Orange and L.A., San Diego Underspends on Firefighting

San Diego County fire agencies this year are spending $152.85 per resident on firefighting, while Orange County spends $177.98 and ...

UC Retirement Funds Face $20 Billion Shortfall

According to this morning's (Aug. 31) Los Angeles Times, the University of California retirement system faces a shortfall of more ...

Home Prices: SD, SF, LA Gains Impressive -- but...

San Diego home prices continued to rise in June, although not topping monthly gains of most other cities in the ...

Military and Other Federal Payrolls Bolstered San Diego Income

San Diegans' personal income would have plunged to a level among the worst in the nation in 2008-2009, but military ...

What??? Mr. Upbeat, Tony Robbins, Warns of Gloom

San Diego-based Tony Robbins, one of the world's best-known motivational speakers, considers himself an expert in "life coaching." He tells ...

"Rolls Out, Rolls Out, Oh How the Money Rolls Out...."

Whether or not you know the old bawdy song that begins with "Rolls In, Rolls In...." you will understand how ...

And Here Are Employees Who Bought Years They Didn't Serve

In 1996 (the same year the City tapped the retirement fund to finance the Republican convention), the City of San ...

Buffett Stock Picker Simpson, Formerly of RSF, Retiring

Lou Simpson, who oversees investments at Geico, insurance subsidiary of Warren Buffett's Berkshire Hathaway, is retiring at the end of ...

County Unemployment Rate Jumps to 10.8%

The San Diego County unemployment rate for July was 10.8%, up from a revised 10.5% in June and 10.3% a ...

Gay Paper Suspended, but Sends Money for Back Taxes

The California Franchise Tax Board on Aug. 2 suspended the rights and privileges of San Diego Gay Times, parent of ...

Watchdog Institute, U-T to End Relationship

The Watchdog Institute, which is housed at San Diego State, announced today that its relationship with the Union-Tribune will end ...

Pinpoint Forecasting, San Diego Style

The City of San Diego has apparently come up with its own form of precision bombing. Backers of Proposition D ...

UCSD 35th in USN&WR College Rankings

U.S. News & World Report is out today (Aug. 17) with its annual list of the best colleges and universities, ...

Late San Diegan Created Name of Market Disaster Omen

Wall Street is abuzz about a stock market technical indicator called the "Hindenburg Omen." It was invented by a blind ...

Bridgepoint Brass Dumping Stock

Bridgepoint Education chief executive Andrew Clark and chief financial officer Daniel Devine have filed trading plans to sell shares that ...

Irate Judge Now Feels Lerach's Sentence Was Too Lenient

According to a story in the National Law Journal, U.S. District Judge John Walter in Los Angeles, who oversaw the ...

Philly Child's Death Also Blamed on Brownouts

The firefighters union in Philadelphia has blamed a child's death on the city's brownout policy -- temporary closings of fire ...

U-T Was "a Bit Fat," but Low-Priced, Says Gores

Tom Gores, head of Beverly Hills-based Platinum Equity, the private equity group that bought the Union-Tribune last year, says this ...

Fed Admits Things Worse; Will Squirt in More Liquidity

The Federal Reserve today (Aug. 10) finally admitted what Main Street has known for months: the economy is weakening. So ...

SDCERS Says City Breaking Law

On Thursday, Aug. 5, Mayor Jerry Sanders and Council President Ben Hueso were told that the mayor's office had instructed ...

For-Profit College Stocks Whacked Again

Stocks of for-profit colleges got slaughtered again today (Aug. 6) as the federal government appeared to be making bold steps ...

National Economic Outlook Weakens on Bad Employment Numbers

Private sector employers added only 71,000 jobs in July, according to Labor Department numbers released this morning (Aug. 6). That's ...

Dodd-Frank Protects SEC from Releasing Information

The Securities and Exchange Commission was born in the 1930s to protect the public from Wall Street predators. Now it ...

Council Votes to Put Tax Increase on Ballot

The city council today (Aug. 4) voted 6-2 to put the proposed sales tax hike on the ballot Nov. 2. ...

Philadelphia Finds DROP a Big Drain

Philadelphia has had a Deferred Retirement Option Program (DROP) similar to San Diego's for 11 years. Under DROP plans, a ...

Bridgepoint Didn't Comply with U.S. Rules, Filing Reveals

Stock of Bridgepoint Education plunged 7.49% to $17.53 today (Aug. 3) despite a big jump in second quarter profits to ...