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John Moores sinks Padres pay to number 29 of 30 teams
And as for the NFL "extorting" the city of San Diego, the NFL owners are simply backing Spanos. He's leaving for Los Angeles soon anyway, and good riddance. ========== Spanos will die of old age shortly and his empire will likely be dismembered upon his passing. The Chargers will likely remain in San Diego until he expires and likley be sold a year or two later.— August 27, 2009 10:16 p.m.
John Moores sinks Padres pay to number 29 of 30 teams
Boy, that's sort of a short-sighted comment. The building of PETCO alone helped to employ me for a couple of years. ================= You've identified the major problem with PETCO. Once construction was completed, the economic benefit ended. The taxpayers are now stuck paying off the bonds, and there's no way to unload this financial albatross that's siphoning the city's finances.— August 26, 2009 11:33 p.m.
Copley's Former Casa del Zorro, Financially Troubled, for Sale Again
Borrego really should be a haven for trailer parks that cater to elderly retirees who can only afford to pay $100 per month for a space to park their $50,000 double wide trailers. GH Capital's scheme to turn this area into a luxury resort for the well-heeled is a lunatic scheme. The place is a hellhole.— August 26, 2009 9:19 p.m.
Accused Ponzi Schemer LaChina Files for Chapter 7 Bankruptcy
Higgs Fletcher just ate a half million in fees ========= When this situation arises the partner in charge of the client often has to eat the loss and reimburse the partnership.— August 23, 2009 8:03 p.m.
Accused Ponzi Schemer LaChina Files for Chapter 7 Bankruptcy
It looks like LaChina may have not reported all his assets on his bankruptcy filing. The FAA registry lists him as owning a Beech A36 aircraft. Don reported in an earlier Blog that LaChina owns an aircraft. http://registry.faa.gov/aircraftinquiry/NNum_Resu…— August 23, 2009 7:38 p.m.
County Unemployment Rises to 10.3%. Questions Abound
I am very surprised that San Diego is only down 13.45% though, which seems very low considering the downturn, and the meltdown in value of both residential and commercial real estate. ======= A large percentage of construction workers in San Diego County work for cash under the table. There are no reliable figures on how many work in construction in San Diego County, or how many have been laid off. The unemployment figures likely only include those who were paid wages that were reported to the state. The true unemployment rate for construction workers in San Diego County is likely closer to 50%.— August 21, 2009 2:32 p.m.
CIA Hired Blackwater to Kill Jihadists, Says NY Times
Response to post #13: I guess the question is which way of killing Al Qaeda members is more economically efficient: with regular troops or mercenaries? ======== The government should pay Bilgewater for confirmed kills only. This may have been the sticking point with the contract since federal law prevents Bilgewater from paying employees for piecework.— August 20, 2009 9:58 p.m.
U-T to Stay in Mission Valley for Now; Vows Return to Profitability
The U-T is little more than financial detritus from what was once a $2 billion business empire that was brought down by hubris, arrogance, greed, and incompetence. I and many others appreciate Don's coverage of this pathetic tragedy and want all the details we can get.— August 18, 2009 11:41 p.m.
U-T to Stay in Mission Valley for Now; Vows Return to Profitability
U-T claims that SignonSanDiego attracts 2.6 million unique visitors and 29.4 million page views each month. ========== The figures could be accurate. Remember, the U-T's content is indexed on Google. I believe that many of the 2.6 million unique visitors each month are Google users searching for information, but not necessarily targeting the U-T as a source. The users just stumbled on the U-T as a source for the information they seek.— August 17, 2009 7:34 p.m.
Union-Tribune Axe Falls Again. Kittle Reportedly Out
Response to post #73: Are you talking about Watts in the 1960s? Winner wasn't at the Union then. I believe she came in after I did, and I joined up in 1973. Best, Don Bauder ============ Did you ever work at the old San Diego Union building that was downtown, across from Horton Plaza?— August 15, 2009 7:04 p.m.