Scam Diego Entries for September, 2010

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Pssst! Howd'ya Like to Retire with $300,000 a Year of Taxpayer Moolah

The retirement packages of City of San Diego employees are even more outrageous than earlier reported. When you add in ...

Price Slashes, Improved Team Haven't Helped Padres

The San Diego Padres play their last two 2010 games at home today and tomorrow with an average attendance of ...

Even After the Bloodbath, SD Home Values High

Census Bureau figures released today (Sept. 28) still show San Diego with high home values, even though they are down ...

Richest 20% Get 49% of County Income; Poorest 20% Get 4%

More than 100,000 San Diego County residents fell from the middle class into poverty or severe economic hardship in the ...

San Diego Home Prices Keep Rising. But...

Standard & Poor's Case-Shiller home price indices published this morning (Sept. 28) show San Francisco, San Diego and Los Angeles ...

Government Manipulate Stocks? Greenspan's Faulty Memory

USA Today says that former Federal Reserve Chairman Alan Greenspan thinks a stock market rally will do more to boost ...

Tourism Up Moderately

Americans are traveling again, although the rebound is mild. According to Smith Travel Research, U.S. hotel occupancy is up 5% ...

Volcker Says Financial System "Broken"

Former Federal Reserve Chairman Paul Volcker yesterday (Sept. 23) ripped up the speech he was to deliver to the Chicago ...

Lawyer Assisted Currency Trading Scam, Says SEC

In San Diego federal court yesterday (Sept. 21), the Securities and Exchange Commission charged Escondido lawyer George Gustav Bujkovsky with ...

La Jolla 5th Most Expensive Home Market in Nation

According to a Coldwell Banker report released today (Sept. 22), La Jolla is the fifth most expensive residential real estate ...

Did Platinum Pay $30 Million for U-T, or $52 Million?

Tom Gores, head of Beverly Hills-based Platinum Equity, owner of the Union-Tribune since 2009, is getting plenty of press attention ...

SEC Seeks Contempt Order Against Vassallo

The Securities and Exchange Commission today (Sept. 21) filed in federal court to get a civil contempt order against Alfred ...

How Recession Wallops Visual Arts

The Museum of Contemporary Art San Diego, with facilities in La Jolla and downtown San Diego, had contributions and grants ...

As CalPERS Sank, Its Executives Raked in Bucks

As its portfolio plunged by almost one-fourth, the nation's largest public pension fund, California Public Employees' Retirement System (CalPERS) awarded ...

El Centro Hospital Charged with Medicare Fraud

The El Centro Regional Medical Center agreed today (Sept. 20) to pay $2.2 million to settle charges that it defrauded ...

Gores Going Digital. Pro Basketball Next?

Beverly Hills-based Tom Gores, whose Platinum Equity private equity company owns the Union-Tribune, is on the acquisition trail in uncharacteristic ...

Dodd-Frank Gives SEC Exemption from Providing Documents

San Diego attorney Gary Aguirre has an article in the September edition of "Wall Street Lawyer," a publication for securities ...

Arena Tanks on Bad FDA News

Stock of biotech Arena Pharmaceuticals is down 38.83% to $4.19 this morning on bad Food and Drug Administration news on ...

City Wants Consultant for Managed Competition

The City of San Diego Purchasing & Contracting Department sent out a request for proposal Thursday (Sept. 9) for a ...

NY Pension System Underfunded; State Broke

Today's (Sept. 11) New York Times has an op-ed piece that should shake up the home state. The lead paragraph ...

Times Highlights Malecot Indictment

Today's (Sept. 8) New York Times has a front page article featuring Michel Malecot, the owner of Pacific Beach's French ...

Spanos Really Wants L.A., Says Yahoo! Sports

In a Sept. 3 article, Yahoo! Sports quotes a National Football League owner saying that Chargers's head Dean Spanos's "dream ...

Now Venter Wants to Create Algae That Could Replace Fossil Fuels

The New York Times gives a big writeup today (Sept. 5) to the attempt by Dr. J. Craig Venter to ...

Accounting Group Disciplines Former City Auditor

Last year, the California Board of Accountancy withdrew the license of the former El Cajon-based accounting firm, Calderon Jaham & ...

Auditor Finds Flaws in Risk Management Department

A report by City Auditor Eduardo Luna says that the City of San Diego's Risk Management Department "does not analyze ...

U.S. Jobs Report Weak, but Better Than Expected

U.S. nonfarm payrolls dropped 54,000 in August as the unemployment rate rose to 9.6% from 9.5% in July. This was ...

CEOs Who Chopped Most Heads Raked in Most Pay

Chief executives who slashed payrolls the most took home 42% more compensation in 2009 than the average chief executive of ...

Gin's Lead Indicators Rise in July

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