4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

What? A Nevada Tarkanian Getting Drained?

The Federal Deposit Insurance Corp. (FDIC) made a move yesterday (Oct. 10) to register a $17 million judgment against Danny Tarkanian, who is running for Congress in a new district in Nevada, according to political observer Jon Ralston, Las Vegas newspapers, and website Daily Kos. The case is being heard in federal court in San Diego. The Tarkanian family is legendary in Las Vegas: Danny's father Jerry is the famous former basketball coach at University of Nevada Las Vegas, and Danny's mother Lois is a Vegas politician. Danny Tarkanian had hoped to stall the matter until after the election, but it appears the court may act next week.

Five years ago, Tarkanian family members, including Danny, Jerry and Lois, were major participants in a group that guaranteed a multi-million dollar loan to invest in an equestrian-designation real estate project in Anza being developed by Solana Beach's Robert Dyson, who has since gone bankrupt. The loan originated with La Jolla Bank, which was seized by the FDIC. The FDIC wants its money. Danny Tarkanian's lawyers agreed to an Oct. 8 deadline for answering the FDIC, but missed it. Danny Tarkanian had an alibi: his lawyer's father died, the Congressional candidate claimed. Danny Tarkanian said some Tarkanian family members might have to go bankrupt because of the convoluted matter, but hedged on whether he would be among them.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

Beat the heat on Dawes Street

An ideal location for those seeking the best of both worlds in PB

The Federal Deposit Insurance Corp. (FDIC) made a move yesterday (Oct. 10) to register a $17 million judgment against Danny Tarkanian, who is running for Congress in a new district in Nevada, according to political observer Jon Ralston, Las Vegas newspapers, and website Daily Kos. The case is being heard in federal court in San Diego. The Tarkanian family is legendary in Las Vegas: Danny's father Jerry is the famous former basketball coach at University of Nevada Las Vegas, and Danny's mother Lois is a Vegas politician. Danny Tarkanian had hoped to stall the matter until after the election, but it appears the court may act next week.

Five years ago, Tarkanian family members, including Danny, Jerry and Lois, were major participants in a group that guaranteed a multi-million dollar loan to invest in an equestrian-designation real estate project in Anza being developed by Solana Beach's Robert Dyson, who has since gone bankrupt. The loan originated with La Jolla Bank, which was seized by the FDIC. The FDIC wants its money. Danny Tarkanian's lawyers agreed to an Oct. 8 deadline for answering the FDIC, but missed it. Danny Tarkanian had an alibi: his lawyer's father died, the Congressional candidate claimed. Danny Tarkanian said some Tarkanian family members might have to go bankrupt because of the convoluted matter, but hedged on whether he would be among them.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories Fishing Report — What’s getting hooked from ship and shore From the Archives — Spotlight on the past Golden Dreams — Talk of the town The Gonzo Report — Making the musical scene, or at least reporting from it Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Theater — On stage in San Diego this week Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close