Scam Diego Entries for June, 2010

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Law Firm Giving Financial Advice Taking No New Cases

Kerry Steigerwalt's Pacific Law Center, a heavily-advertised law firm, as of today (June 30) is taking few if any new ...

Gin's Lead Indicators Rise in May

The lead indicators of the San Diego economy, compiled by economist Alan Gin of the University of San Diego, continued ...

SEC Pays Gary Aguirre Big Sum, but More Cleansing Needed

The Securities and Exchange Commission today (June 29) agreed to pay $755,000 to San Diego attorney Gary Aguirre. The sum ...

San Diego Still Shines in Case-Shiller Numbers, but....

Standard & Poor's/Case-Shiller homes values data for the period ended April 30 came out this morning (June 29), showing continued ...

Former Dentist Who Battled IRS Found Guilty of Tax Fraud

Former San Diego dentist L. Donald Guess has been found guilty of two felony counts of filing false income tax ...

Despite $32.5 Million Funding Gap, City to Go Ahead with Library

"This is the most irresponsible funding I have seen -- committing the City to building a library" even though there ...

Se San Diego Hotel Owner Goes Bankrupt

According to the Wall Street Journal today (June 28), 5th Avenue Partners LLC has filed for Chapter 11 bankruptcy. It ...

Two More Con Men Headed to Prison

Two county cozeners who had previously pleaded guilty to bilking investors were sentenced today in cases brought by the U.S. ...

He Knowingly Sold Defective Parts to Military; Gets Two Years

Joel H. Potter was sentenced to two years in prison today (June 28) for selling defective aircraft parts to the ...

Weakening of "Honest Services" Could Affect SD Cases

The Supreme Court today (June 24) dealt a major blow to "honest services fraud," a prosecutorial technique that has been ...

May New Home Sales Plunge; West Worst. Wall Street Stunned

Sales of new single-family homes plummeted a record 33% in May, according to Commerce Department figures released this morning (June ...

Market Abhors Cypress Bioscience Deal

Stock of biotech Cypress Bioscience plummeted 37.79% today (June 21) after the company announced a deal to purchase rights to ...

Auditor Spanks San Dieguito H.S. over Bond Disclosures

The California State Auditor has issued a report criticizing the San Dieguito Union High School District for not telling bond ...

Boosted by Census Hiring, County Adds Jobs in May

San Diego County added 8,400 jobs in May, sending the unemployment rate down to 10% compared with a revised 10.4% ...

U-T Axes 34 to 40

The Union-Tribune whacked 34 to 40 heads of editorial or editorial support employees today. That was almost double what was ...

When Governments Cut Spending, It's Citizens, not Bureaurats, Who Suffer

Columnist Joe Mysak of Bloomberg.com has a column today (June 16) based on the San Diego County Grand Jury's recent ...

"New" SDNN Looks Like Old SDNN Lite

San Diego News Network, the online publication that laid off its free lancers at the end of May, has come ...

Senate Panel Wants Investigation of SEC "Revolving Door"

According to the Wall Street Journal, the Senate Finance Committee has asked David Kotz, the inspector general of the Securities ...

SDNN Will Go It Alone, Change Focus

San Diego News Network, the troubled online publication that was trying to sell itself, has now said that it will ...

Here Are More OC Register Alums in U-T Management

More veterans of the Orange County Register are taking significant management posts at the Union-Tribune under Jeff Light, a Register ...

City Wants Assessment of Qualcomm Stadium

The City of San Diego today (June 10) sent out a request for a proposal (RFP) for a "qualified consultant" ...

U-T Editor Brings in Former O.C. Register Pals

Will the Union-Tribune rename itself the San Diego Register? (The Orange County Register's parent, Freedom Newspapers, went into bankruptcy in ...

U-T Staffers Meet Their Team Leaders

Editorial staff members of the Union-Tribune today (June 9) were introduced to so-called "team leaders," supposedly a new concept. For ...

Grand Jury Says City Should Consider Bankruptcy

The 2009/2010 San Diego County Grand Jury today (June 8) released a 22-page report of the City's financial travails. "Presently, ...

Fitch Warns of Tax Increases

You have to read a bit between the lines, but Fitch Ratings, in coming out with new bond and note ...

Hyatt Hotels Wants to Take Over Manchester Grand Hyatt

The port district is scheduled to vote tomorrow (June 8) on a proposal to change the control of Manchester Grand ...

Fat Cats Still Pouring Money into Proposition D

Companies with reasons to cozy up to City Hall continue to make late contributions to Prop. D, the so-called strong ...

Bypassing Adulthood in San Diego

"San Diego is a very strange town. Like many other beach towns, it's a place where you can go directly ...

Employment Report Suggests Economy Weakening Alarmingly

The Labor Department's May employment report released today (June 4) indicates the so-called economic recovery is sputtering noticeably. The nation ...

Paean to Jerry Dominelli

"De mortuis nil nisi bonum." (Speak no ill of the dead.) The University of San Diego Magazine for summer of ...

Local Biotech Executive Lied about Test, Says SEC

The Securities and Exchange Commission (SEC) charged today (June 2) that Elizabeth A. Dragon, former senior vice president of research ...

Hewitt Leaves U.S. Attorney Office, Joins Jones Day

U.S. Attorney Karen P. Hewitt said today (June 2) that she will resign from the Department of Justice to join ...

Greenberg Leaves San Diego, Back on CNBC

Herb Greenberg has returned to CNBC, the business/market TV news channel, and departed North County. He is now living in ...

City Trying to Block Deposition of Sanders

The City of San Diego has filed a protective order directing that the deposition of Mayor Jerry Sanders either not ...