Scam Diego Entries for January, 2011

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State Bar's Investigations of Aguirre End with No Charges

The investigations of former City Attorney Mike Aguirre by the State Bar of California have been closed with the bar ...

Partnoy Says Politics Made a Mess of Financial Inquiry

Frank Partnoy, law professor at the University of San Diego, says in an op-ed in today's (Jan. 30) New York ...

State Looking for Redevelopment Fraud. Suggestion: Grantville

The state controller's office has announced that it is looking for fraud and malfeasance in redevelopment. Dr. Brian T. Peterson, ...

San Diego Lead Indicators Rise Sharply

The lead indicators of the San Diego economy rose stoutly in December to 110.7, up from 110.2 in November. Stock ...

Lachina Victims Win Judgments

Investors with Richard Lachina (also spelled La China and LaChina) were awarded $1.041 million plus $1 million in punitive damages ...

Faulconer Wants to Hasten Downtown Projects

Gov. Jerry Brown, aware that corporate welfare redevelopment projects subsidize the private sector by diverting money from schools, wants to ...

Imprudence Not Unconstitutional, Says Appeals Court

An appeals court yesterday (Jan. 26) refused to overturn an Orange County law permitting sheriffs' deputies with 30 years of ...

New York State Takes Over Finances of Wealthy Nassau County

This is a major shot across the bow. The New York State oversight board today (Jan. 26) seized control of ...

San Diego Home Values Beat the Field in November. But...

San Diego County home values rose 0.1% in November from October -- the only metro area among the top 20 ...

Will Water Rate Increase Be Diverted to Pensions?

The water rate increase that passed city council by 6-2 yesterday (Jan. 24) may be a secret ploy to divert ...

Loan Modification Scamster Gets Five Years

Glenn Steven Rosofsky was sentenced today to 63 months in prison for his role in a loan modification scam, according ...

Bridgepoint Says Government Softens Report; Stock Soars

Stock of Bridgepoint Education is up 5.92% to $18.25 this morning as the for-profit education company reported that Bridgepoint's Ashford ...

San Diego Gains Jobs, but Unemployment Rate Still above 10%

San Diego County employment rose by 1,800 jobs in December from November, but the unemployment rate remained in double digits. ...

Congress Secretly Working on Way for States to Go Bankrupt

Policy makers in Washington DC are working behind the scenes to find a way to let states declare bankruptcy and ...

Qualcomm Named One of Fortune's 100 Best Employers

For the 13th straight year, Qualcomm is on Fortune Magazine's list of the 100 Best Companies to Work For. The ...

Los Angeles to Fast-Track Downtown Stadium

According to stories in the Los Angeles Times and Orange County Register, Los Angeles city council wants to accelerate the ...

Goldsmith Appeals Suit He Ridiculed Aguirre for Filing

Early this month, the city attorney's office filed to appeal a cross-complaint in GIC841845 that had been filed by former ...

Vallejo's Bankruptcy Exit Plan Would Squeeze Creditors

On Tuesday, the City of Vallejo filed its plan to exit bankruptcy. The city northeast of San Francisco had filed ...

Tiger Woods to Open 2011 Season at Torrey Pines

Tiger Woods announced today (Jan. 19) that he will open his 2011 season at the Farmers Insurance Open at Torrey ...

California Superstorm Could Cause 5 Times the Damage of Major Quake

Here's something to take your mind off California's massive fiscal deficit, as well as what might happen along the San ...

Ike's Speech Warned of University Abuses, Too

On Jan. 17, 1961, fifty years ago, outgoing President Dwight Eisenhower gave his farewell address to the nation, now recognized ...

New Yorker Magazine Scorches Darrell Issa

The Jan. 24 issue of the New Yorker probes San Diego County Congressmember Darrell Issa in a long piece. The ...

Er, Uh. FBI Building to be Constructed by La Costa Developer

Las Vegas's Molasky Group of Companies will construct a $100 million, four-story San Diego headquarters for the Federal Bureau of ...

Wall Street Traders Bring Home Far More Than Brain Surgeons

Some statistics graphically and poignantly tell what's wrong with a society -- like a fever thermometer registering 107 degrees. Bloomberg ...

Brown's Redevelopment Proposal, If Passed, Could Whack Corporate Welfare

Gov. Jerry Brown today (Jan. 10), in revealing his budget, proposed major changes in redevelopment procedure that, if passed by ...

NFL Head Steps on His Tongue; Chargers Denuded

In one of the most pathetically embarrassing interviews of recent times, Roger Goodell, commissioner of the National Football League, tells ...

Jobs Growth Disappointing but Unemployment Rate Drops

The U.S. economy added only 103,000 jobs in December; economists had expected 175,000. The unemployment rate declined to 9.4% from ...

Comparatively, Tech Workers Haul in Bucks in San Diego

If you are a tech worker wanting to rake in more money than your non-tech neighbor, San Diego is one ...

Feds Thrash Wilkes's Plea for New Trial

The U.S. Attorney's office today (Jan. 5) answered Poway contractor Brent Wilkes's motion for a new trial for his role ...

Appeals Court Says Mount Soledad Cross Unconstitutional

The Ninth Circuit Court of Appeals ruled today (Jan. 4) that the cross on La Jolla's Mount Soledad since 1913 ...

Qualcomm Near Deal to Buy Atheros, Says NY Times

The New York Times is reporting today (Jan. 4) that San Diego-based chip maker Qualcomm is ready to buy Santa ...

Beau La Madrid Could Get Ten Years for Ponzi Scheme

Matthew "Beau" La Madrid and his brother Lance La Madrid pleaded guilty in federal court today (Jan. 3) to conspiracy ...

SEDC Trying to Recover Money from Vendors That Handled Pension Plan

Southeastern Economic Development Corp. (SEDC), a smaller cousin of the all-powerful Centre City Development Corp., is trying to recover money ...