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Former Estate Financial principal files bankruptcy

Written on 12 Dec, 2009 in Daily Briefs | One comment

Don Vaughn, the former owner of Estate Financial, Inc. (EFI) has filed for bankruptcy, is accused of defrauding investors through his hard money lending company, and is at risk of losing his contractor’s license for failing to pay a civil... (Continue reading)

Judge Picquet retires

Written on 12 Dec, 2009 in Daily Briefs | 7 comments

San Luis Obispo Superior Court Judge Roger Picquet announced plans to retire from the bench, effective next Tuesday, just four months after his decision to overturn a ballot initiative was thrown out by the court of appeals. [Tribune] Picquet’s 2008... (Continue reading)

Bodyguard $$$ for Arnold triples

Written on 12 Dec, 2009 in Daily Briefs | 5 comments

The budget for bodyguards who protect Gov. Arnold Schwarzenegger and other top officials has tripled since the Governator took office in 2003. State records show spending on the California Highway Patrol’s Protective Services Division grew from $14.4 million under Gray... (Continue reading)

Avatar: The movie that changes everything

Written on 11 Dec, 2009 in Daily Briefs | One comment

We know what you’re thinking: Why is CalCoastNews bothering with a review of a brand new Hollywood movie? Are we doing this just as a cheap way to drive up traffic to our web site? Maybe. Actually, the movie is... (Continue reading)

Retailers get nervous

Written on 11 Dec, 2009 in Daily Briefs | No comments

Holiday sales nationally are not looking good, according to The Wall Street Journal. The first week of December was especially slow, with sales dropping 18 percent over the previous week. One retail observer is saying, “It looks like the middle... (Continue reading)

Cuesta names interim president

Written on 10 Dec, 2009 in Daily Briefs | One comment

The Cuesta College Board of Trustees has appointed Dr. Gil Stork to serve as interim Superintendent/President. Stork will assume his new duties on January 1, 2010 and serve for 12 months, or until a new president can be found. Stork... (Continue reading)

Aging computer system holds up unemployment checks

Written on 9 Dec, 2009 in Daily Briefs | 7 comments

An estimated 117,000 Californians haven’t received their unemployment checks–some for more than a month–because of an aging and outdated statewide computer system. According to Wednesday’s LA Times, the people whose checks have been held up are among the neediest of... (Continue reading)

Warren Baker to retire from Poly

Written on 7 Dec, 2009 in Daily Briefs | 4 comments

Dear Cal Poly Faculty, Staff and Administrators: I am writing to tell you I have informed the Chancellor and the Board of Trustees that I intend to retire from the Presidency of Cal Poly at the end of this academic... (Continue reading)

The Tribune continues to shrink

Written on 7 Dec, 2009 in Daily Briefs | 14 comments

Readers of the San Luis Obispo County Tribune will notice an increasingly thinner newspaper on Mondays and Tuesdays. Executive Editor Sandra Duerr announced more format changes for the paper in a special Announcement to Readers. Starting with today’s edition, the... (Continue reading)

State trashes recycling program

Written on 6 Dec, 2009 in Daily Briefs | 2 comments

Last November 1, California abruptly cut all processing payments to its more than 2,400 recycling centers across the state. Experts warn the move will likely costs consumers $100 million in increased fees for beverages and put 5,000 workers in the... (Continue reading)