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Uncovered SLO


Picking at bones of EFI: Lawyers wrangling

Written on 19 Mar, 2009 in Uncovered SLO | 3 comments

By KAREN VELIE During the latest battle over assets of failed Estate Financial Inc. (EFI) , attorneys for trustees, former co-owner Charlie Applebaum, Joshua Yaguda’s wife, and Heritage Oaks bank argued their clients alleged claims at an asset hearing on Friday. San... (Continue reading)

UPDATE: Unmasking Dalido’s mysterious foe

Written on 18 Mar, 2009 in Uncovered SLO | One comment

By KAREN VELIE Centervest, the group that contracted to take the torch from Ernie Dalidio and propel his proposed development through the system, has backed out, reportedly because of the economic downswing. Meanwhile, Dalido’s team continues attempts to unmask their mysterious... (Continue reading)

Medical pot icon Charlie Lynch gets national attention

Written on 15 Mar, 2009 in Uncovered SLO | 2 comments

ABC’s John Stossel explores an American anomaly -- medicinal marijuana which is legal in some states, including California, but unlawful under U.S. law. Stossel’s third segment of his series “Bailouts and Bull” examines the extraordinary case of Charles Lynch of... (Continue reading)

Sand, sun, bailout bucks for Heritage Oaks Bank officials

Written on 12 Mar, 2009 in Uncovered SLO | 3 comments

By DANIEL BLACKBURN If members of Heritage Oaks Bank’s board of directors and high ranking officials must kill a little time waiting for the U.S. government to deliver their allotment of $21 million in taxpayer bailout money, they might as well... (Continue reading)

Copeland grip on downtown SLO nightmare for some

Written on 11 Mar, 2009 in Uncovered SLO | 3 comments

By DANIEL BLACKBURN There are nicknames aplenty for the city of San Luis Obispo, and many have a commonality, the name Copeland: “Copelandville,” “Copelandburg,” “Copeland Kingdom,” and of course, “Cope-Land, ” to list but a few. References to the Copeland family, and... (Continue reading)

Tribune slashing jobs as McClatchy freefalls

Written on 9 Mar, 2009 in Uncovered SLO | 11 comments

By KAREN VELIE San Luis Obispo County’s daily newspaper, The Tribune, will terminate seven employees, and its top officials are reported to be warning of massive layoffs to come in the wake of a similarly foreboding announcement this morning by parent... (Continue reading)

Hertel and Fowler caught up in yet another scandal

Written on 5 Mar, 2009 in Uncovered SLO | 4 comments

By THE EDITORS Securities and Exchange Commission investigators are probing California Assemblywoman Diane Harkey (R-Orange County), her husband Dan, and his hard-money lending company, Point Center Financial, regarding the Harkey’s relationship with R.W. Hertel and Sons. The investigation is said to focus... (Continue reading)

Paso water rate boost appears headed to voters

Written on 4 Mar, 2009 in Uncovered SLO | One comment

By DANIEL BLACKBURN Paso Robles city officials’ hopes for carefree financing of future water supplies may have gone down the drain Tuesday, and proponents of an elevated water tax now face a precarious ballot challenge. Representatives of a citizens group presented Assistant... (Continue reading)

Living large on Atascadero taxpayers’ dime

Written on 2 Mar, 2009 in Uncovered SLO | 6 comments

By KAREN VELIE After proclaiming a looming fiscal crisis and predicting municipal worker layoffs, Atascadero City Manager Wade McKinney and city taxpayers treated a group of upper level employees to a three-day excursion at an upscale Carmel Valley resort. But before heading... (Continue reading)

Weyrich belly up, money woes widening

Written on 26 Feb, 2009 in Uncovered SLO | 10 comments

By KAREN VELIE In yet another sign of mounting unpaid debts for Paso Robles businessman David Weyrich and his wife, Mary Weyrich, a local lender filed a lawsuit Tuesday alleging that the Weyrichs failed to pay back a more than $1... (Continue reading)