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Stories by Don Bauder

No Angel

Angel Stanz charged with securities fraud

The Securities and Exchange Commission yesterday (May 21) charged San Diegan Aaron “Angel” Stanz and his company, Bud Genius, with securities fraud. The complaint was filed in federal court. Stanz and Bud Genius, a penny ...

Despite Jack in the Box's hypnotic tacos

Wall street says it can't run Mexican restaurants

Since its founding in San Diego in 1951, Jack in the Box has sold tacos. Indeed, the Jack taco has consistently been the chain’s most popular product, even though one customer tweeted that it was ...

Knife-wielding attorney threatens spouse

Bar suspends him for 90 days

On December 5, 2016, the San Diego County District Attorney filed a criminal complaint against personal injury attorney David Thaddeus Achord for, among several things, threatening his wife with a knife and resisting an officer ...

County unemployment dips below 3 percent

Services up 4500 jobs from March, construction 2000

County unemployment broke below 3 percent in April, coming in at 2.9 percent, down from a revised 3.2 percent in March. The April rate was down from 3.9 percent a year ago, and down from ...

Reality TV show plans to mine gold in Nome

But its San Diego principal hangs up on Bauder

You can go online and bring down all kinds of information on Rivers of Gold, a limited partnership which intends to mine for gold in Nome, Alaska and put on a reality TV show about ...

Carlsbad resident James Panther Jr. charged in stock fraud

Offshore havens include British Virgin Islands, Seychelles

The Securities and Exchange Commission yesterday (May 15) charged Carlsbad’s James P. Panther Jr. (also known as Jaime or James Suqui) and three accomplices with fraudulent sale of a penny stock, usiing offshore havens in ...

Chargettes urged to be sexy

Then slapped for not being wholesome

According to ESPN.com,the Chargers’ cheeerleaders of the late 1970s got double-crossed. Sidelined, a movie about the episode, was shown late last month at the Tribeca Film Festival. The gist of the film is that the ...

858 S.D. County educators collect pensions of $100,000+

How much do you like your teachers?

Ten years ago, the world narrowly averted a financial disaster. It began with an explosion of low-quality mortgages bundled into putrid-quality financial paper that was awarded the highest-quality rating (AAA). Financial institutions began to collapse. ...

Ex-Merrill Lynch broker booted from business

He helped ex-Qualcomm exec stash bucks offshore

The Securities and Exchange Commission announced Thursday (May 3) that former Merrill Lynch broker Gary Yin has been permanently barred from the brokerage business. Yin helped a customer, Jing Wang, a former senior vice president ...

Mike Schaefer, 80, running for office again

This time, it is Board of Equalization

Mike Schaefer, who was on the city council for two terms, 1965-1971, is running for office again. The perennial candidate in San Diego, Los Angeles, Nevada and elsewhere, is running for the Board of Equalization. ...

BofI Federal has ties to Jared Kushner

The bank was under investigation until last year

San Diego-based BofI Federal, formerly known as Bank of the Internet, appears to have ties to Jared Kushner, President Trump’s son-in-law, according to a study by ProPublica, the group chasing business and banking fraud. The ...

Padres pitcher will be tried July 2

Torres out on bond, on team restricted list

San Diego Padres left-hand reliever Jose Torres (aka Jose Marcos Torres Muro) is scheduled to be tried for criminal assault in Phoenix’s Maricopa County Superior Court July 2. He has a hearing June 18 before ...

Megafloods coming? Scientists uneasy.

Beware drought-to-deluge pattern

California megafloods come about once every 200 years, say some climate scientists. Another one may be due, says the publication Nature Climate Change, which predicts up to a 100 percent increase in extreme precipitation swings ...

Times zooms in on San Diego in utility fight

SDG&E bankrolls community choice opponents

The New York Times on Saturday (April 28) uses San Diego to cover the California battle over community choice aggregation, which would permit communities to choose their electricity provider. San Diego Gas & Electric, a ...

Biotech Acadia stock getting wild ride

Its one drug getting second-guessed

Stock of San Diego-based Acadia Pharmaceuticals enjoyed a bounceback today (Friday, April 27), riding up 7.67 percent to $16.28. On Wednesday, it had taken a 22 percent plunge after a report that the Food and ...

Innovus: twenty-eight drugs in five years

It's not all about sex

“I am very steady. I like to work slowly, but surely, to get to my goal.” Thus speaks Bassam Damaj, president and chief executive officer of San Diego’s Innovus Pharmaceuticals. The truth is just about ...

Bruce Henderson sues City over his firing

Says 30 attorneys fired without good cause

Bruce Henderson, former city council member, yesterday (April 20) filed suit against the City for his allegedly illegal firing. In September of last year, Henderson, then a deputy city attorney, filed a claim against the ...

County unemployment rate drops in March

We're a full percentage point lower than state’s

March unemployment for San Diego County dropped to 3.2 percent, a full percentage point lower than the overall state rate, according to the California Employment Development Department. The county gained 3300 nonfarm jobs in March ...

Ailing Qualcomm to undergo big layoff

A thousand could be let go

Qualcomm, which just recently was saved from a foreign takeover, began laying off employees today (April 18), according to media reports. Bloomberg, which appears to have broken the story, says the number could hit 1000. ...

The juicy Trump-Cohen-Russia story

Michael Cohen’s father and uncle hung around the Russian Mafiya in New York

The April 10 issue of Rolling Stone features an intriguing story, “A Brief History of Michael Cohen’s Criminal Ties” by Seth Hettena, who lives in San Diego with his wife and sons. The subtitle of ...

CalPERS buys boatload of Bridgepoint stock

Public employees boost holdings by 112.4 percent

The California Public Employeees’ Retirement System (CalPERS), the nation’s largest pension fund, in last year’s fourth quarter boosted its stake in San Diego-based Bridgeport Education by 112.4 percent, according to the company’s most recent filing ...

Papa Doug won’t get Bahamas job

Local paper says he will be beaten out

Last February, the Washington Post reported that Douglas “Papa Doug” Manchester, real estate developer and former owner of the Union-Tribune, had an “unsettling management style,” according to a number of former female U-T employees, who ...

Trump's hefty military budget

...will boost San Diego's economy

No wonder San Diego is called a Navy town. Federal military spending in San Diego on uniformed and civilian payrolls, along with veterans, is almost entirely related to the Navy, and half of military contract ...

Lawyer Michael Cohen raided by FBI

It’s not San Diego lawyer Michael Cohen

As everyone knows by now, the Federal Bureau of Investigation today (April 9) raided the office of Michael Cohen, one of President Trump’s attorneys. The agency raided other locations where Cohen might keep his records. ...

Tony Robbins attacked #MeToo at lecture

Words went viral and he backed down

Tony Robbins, the self-help guru and life philosopher, has gotten a lesson on life. It recently came out that in a San Jose seminar last month, he had scolded women for the #MeToo movement. A ...

Douglass Jennings, disbarred tax lawyer, gets 34 months

His wife Peggy, real estate operator, gets 4 months

In the packed federal courtroom of Judge Gonzalo Curiel yesterday (April 5), attorney John Douglass Jennings Jr. was sentenced to 34 months in prison, while his wife Peggy, who worked in real estate, got four ...

Bridgepoint slammed over veterans

One fourth of students are GIs

In 2011, now-retired United States Senator Tom Harkin called San Diego’s controversial for-profit Bridgepoint Education “an absolute scam.” This month, two senators have whacked the company’s major operation, Ashford University, with similar — but more ...

Industrial vacancies lowest ever for San Diego

This can drive up prices, lengthen leases

It appears that San Diegans go to craft brewers located in industrial parks, put on weight, then go to to a fitness centers in industrial parks to shed that excess blubber. These are two reasons ...

February unemployment drops to 3.5 percent

County gains 11,500 nonfarm jobs

The unemployment rate in San Diego County dropped to 3.5 percent in February from a revised 3.6 percent in January, according to the March 23 California Employment Development Department report. The county gained 5300 jobs ...

Barry Minkow movie is finally out

But critics aren’t buying in

In February, 2015 I wrote that Bruce Caulk, a part-time La Jolla resident, had a problem: as a movie producer/director, he had invested a bundle in a redemption movie about San Diegan Barry Minkow, who ...

Ride the warhorse out of the morass

San Diego Opera turns to time-tested titles

A warhorse carries embattled soldiers out of a morass. In opera, a warhorse is a popular work performed so often it has become hackneyed — in snobs’ eyes, anyway. San Diego Opera, which almost died ...

Charles La Bella honored by trial lawyers

Got Moores free from charges in Padres bribing

San Diego attorney Charles “Chuck” La Bella has become a fellow of the American Colllege of Trial Lawyers, which only admits one percent of the total lawyer population in a state or province. According to ...

Bridgepoint splits company

One part will be non-profit

Bridgepoint Education, San Diego’s troubled and controversial for-profit education company, on March 13 said it will split into two parts — and one part will be non-profit. Bridgepoint’s Ashford University and University of the Rockies ...

San Diego, Chula Vista happy places to live

Detroit is the unhappiest city,

WalletHub, a statistical aggregating firm following economic and demographic trends, came out yesterday (March 12) with its list of the nation’s happiest cities. San Diego is 32nd out of 182 cities, and Chula Vista is ...

Trump blocks hostile Qualcomm takeover

In executive order, cites security concerns

President Trump issued an executive order late today (March 12) blocking the attempt by Broadcom Ltd. to take over San Diego’s Qualcomm in a proposed $117 billion hostile deal. Acting on a recommendation by the ...

Yanni got $102,000 for a classic Porsche

But English buyer says it is a clunker

Poway resident Philip Yanni is a software entrepreneur and a classic car enthusiast, who sat on the board of the Riverside International Automotive Museum until it closed in 2016. Over the Internet, he sold a ...

County loses 20,500 jobs in January

Unemployment rate rises, but still low

San Diego County lost 20,500 jobs in January, as the unemployment rate rose to 3.6 percent from 3.3 percent in December. However, the January rate compares with 4.6 percent for California and 4.5 percent for ...

Airbnb forcing you out?

If you buy a house in the beach area, what do you expect?

It must be the noise — not higher rents and home prices — that people feel most strongly about. I am referring to public indignation about short-term vacation-housing rentals — Airbnb and the like. People ...

Security panel deals blow to Qualcomm takeover

Broadcom's raid may be success if they win six seats on Q’s board

The federal government yesterday (March 4) appears to have dealt a serious blow to Broadcom’s attempt to take over Qualcomm by ordering the local chip-maker to delay its meeting scheduled for tomorrow (March 6). Singapore-based ...

Gunning for the sheriff

Dentist Robert Mansueto claims abuse of prosecutorial discretion

Robert Frank Mansueto, a Coronado Cays dentist who has been in trouble for his actions in dentistry, filed suit in federal court February 25 against county sheriff William Gore, claiming that Mansueto was wrongly charged ...

Mexican stole American's identity 37 years ago

The take: hundreds of thousands in payments and benefits

Tijuana’s Andres Avelino Anduaga pleaded guilty yesterday (March 1) to stealing the identity of an American citizen and collecting his Social Security benefits for 37 years. He admitted to illegally entering the country and stealing ...

Trump bump-restart reported for Peter Navarro

New title might be “assistant to the president for trade policy"

White House trade advisor Peter Navarro, who was benched last year after arguing strenuously with President Trump’s more moderate economic advisors, is reported to be back in favor again. Media say he may get a ...

Titters over Chargers' Twitter numbers

USA Today site claims a major padding of followers since leaving SD

“The Chargers almost doubled Twitter followers since L.A. move, but 45 percent of total are now fake.” That’s the headliine in thebiglead, a sports site that is owned by USA Today. Ryan Phillips says that ...

Good weather, high cost of living make San Diego bad for pro sports

Metro area is economically so-so, at best

Once again, civic boosters are hoping San Diego will land another professional sports team. Big bucks are behind an attempt to rip down the former Qualcomm Stadium and make it home for a pro soccer ...

Radio and newspaper man and vultures

John Lynch in money troubles again

John Lynch, former chief executive officer of the Union-Tribune and previously a local radio executive, is in financial trouble again. He defaulted on his mortgage in December of 2016, and then woes cascaded in 2017 ...

Spike three: Tanya and Charles Brandes divorcing

Rancho Santa Fe money man and his wife both claim violence in marriage

The financial publication Fundfire notes in a February 16 article that onetime social darlings of San Diego and Rancho Santa Fe, Charles Brandes and his wife Tanya, are now divorcing; this was the third marriage ...

U-T's Washington Post whitewash

Clumsy timing of Doug Manchester apology for demeaning work environment

The Union-Tribune this weekend tried a trick that is not used so much these days: trying to cleanse a story in another publication before it has run. On Saturday (February 17), the U-T tried to ...

Excise tax to whack Scripps and Sharp

Hospitals' highest paid executives to feel the cut most

Effective the first of this year, the Tax Cuts and Jobs Act imposes a 21 percent excise tax on nonprofits that pay $1 million or more to their five highest-paid employees. The tax applies to ...

Workforce Partnership embezzler gets 30 months

“Great stealth and great planning” went into the scam, says judge

Jared Palmer, who embezzled more than $450,000 from the San Diego Workforce Partnership — with “great stealth, and great planning,” according to the judge — was sentenced February 12th to 30 months in prison and ...

Kratom crackdown

"Not just a plant — it’s an opioid,” says FDA commissioner

Scientists at the Food and Drug Administration say compounds in the popular herbal drug kratom act like prescription-strength opioids. Kratom has been tied to 44 deaths, up from 36 reported in November. Kratom is “not ...

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