News » April 2008

Nation's Largest Mortgage Company has Huge Losses in First Quarter, but CEO Still Made Out Like A King
The nation's largest home mortgage company, Countrywide Financial Corp., based in southern California, reported a loss of $893 million for the first quarter this year, its first losing quarter in... read on»
By Bradley Zeve posted April 30, 2008 02:45 PM
Comments: 1
 
Investors sue Cedar Funding.
Cedar Funding investors filed a scathing lawsuit Thursday, April 24, accusing the Monterey-based hard money broker of running a Ponzi scheme and demanding a receiver to take over the troubled... read on»
By Zachary Stahl posted April 25, 2008 04:58 PM
Comments: 6
 
Spin City: Carmel Building & Design President Rob Nicely powers a laptop and a light bulb with his pedals.
The Monterey Peninsula Chamber of Commerce shows off its green side.
A light bulb went off at Carmel Building & Design. Literally. As Andreas Baer of Monterey Green Action pedaled, the back wheel of the bike powered a generator that... read on»
By Kera Abraham posted April 24, 2008 12:00 AM
Comments: 2
 
In Hindsight: Two years later, LAFCO Commissioner Lou Calcagno says he still would vote to require an EIR on the Carmel Valley incorporation proposal.
Carmel Valley incorporation supporters have their day in court.
Carmel Valley incorporation proponents have long accused Local Agency Formation commissioners of stifling democracy. On Thursday, April 24, a Superior Court judge in the Monterey courthouse will rule whether LAFCO... read on»
By Jessica Lyons posted April 24, 2008 12:00 AM
Comments: 0
 
Easy Access: Marina Councilman Ken Gray says all city meeting agendas and minutes should be posted on the city’s website.
Marina Councilman aims to bring the Brown Act into the 21st century.
Marina Councilman Ken Gray wants his city to become a local leader in open government technology. Instead of driving to City Hall to see a posted Planning Commission agenda or... read on»
By Zachary Stahl posted April 24, 2008 12:00 AM
Comments: 1
 
Cedar Funding’s local investors say goodbye to sky-high payments.
Monterey-based hard money broker has deeply reduced interest payments, alarming hundreds of local investors who want their cash back. Previously, investors in Cedar Funding Mortgage Fund had received a rate... read on»
By Zachary Stahl posted April 24, 2008 12:00 AM
Comments: 7
 
Tally : The Weekly Tally, 04.24.08
The Weekly Tally, 04.24.08
The cost in March of a truckload of pinto beans purchased by The Food Bank for Monterey County, up from $15,691 in December (see story). ... read on»
By Staff posted April 24, 2008 12:00 AM
Comments: 0
 
Updates | 04.24.08
STYROFOAM BAN BLOWS FORWARD… Now that the Monterey Regional Waste Management District has signed off on a ban of polystyrene take-out containers, activists and lobbyists are making their arguments before... read on»
By Staff posted April 24, 2008 12:00 AM
Comments: 1
 
Proceed with Caution: Moss Landing Marine Laboratories Director Kenneth Coale says more research must be done before companies make money off ocean iron fertilization, an experiment he helped pioneer.
Local scientists are cautious about dumping iron in the ocean to curb global warming
The rapid pace of global warming is driving worldwide efforts to shore up the primary culprit, carbon dioxide. One particular technology, pioneered by scientists at Moss Landing Marine Laboratories, may... read on»
By Kera Abraham posted April 17, 2008 12:00 AM
Comments: 0
 
Book Smart: Shannon Krueger reads to her daughters, Hannah (left), 4, and Alexandra, 2, in the children’s section of the Seaside Library..
Event promotes literacy in Monterey County and worldwide.
One quarter of Monterey County’s residents read below the fourth-grade level, according to a Community Foundation for Monterey County report. This same study found 11 percent of county residents aren’t... read on»
By Jessica Lyons posted April 17, 2008 12:00 AM
Comments: 0
 
Back to Sac: If voters recall state Sen. Jeff Denham in June, Supervisor Simón Salinas (above) will take Denham’s District 12 seat.
Simón Salinas may return to state politics; Butch Lindley considers county supe post.
The June 3 ballot will ask voters two questions. First: “Shall Jeff Denham be recalled (removed) from the office of state Senate District 12?” The next item on the ballot... read on»
By By Michelle Caldwell posted April 17, 2008 12:00 AM
Comments: 0
 
DA says elder care company put attendants with criminal records in seniors’ homes.
The Monterey County District Attorney recently settled a civil suit that accuses a Pacific Grove elderly care company of false advertising led to placing personal attendants with criminal records in... read on»
By Zachary Stahl posted April 17, 2008 12:00 AM
Comments: 2
 
Tally : The Weekly Tally, 04.17.08
The Weekly Tally, 04.17.08
The proportion of greenhouse gases produced to satisfy current human eating habits worldwide. On Earth Day (Tuesday, April 22), the Aquarium’s Portola Restaurant will host a Low Carbon Diet lunch... read on»
By Staff posted April 17, 2008 12:00 AM
Comments: 0
 
Rancho Cañada Developer Rejects EIR.

Al Williams, one of the developers behind the proposed Rancho Cañada Village, says he will reject the environmental impact report prepared by Bay Area... read on»

By Kera Abraham posted April 10, 2008 12:00 AM
Comments: 1
 
Street Sense: Mayor Dan Cort contends a blocked-off Lighthouse will boost local business; others think he’s being unrealistic.
P.G. mayor envisions a “pedestrianized” downtown.
During his State of the City address in March, Pacific Grove Mayor Dan Cort proudly ticked off the City’s recent accomplishments. P.G. had balanced its budget, planted thousands of trees,... read on»
By Kera Abraham posted April 10, 2008 12:00 AM
Comments: 3
 
Back to Africa: Seth Pollack is looking forward to returning to a life of service on the continent where he spent five years in the Peace Corps.
Prestigious award will send service-learning director to South Africa.
After 11 years of shaping CSUMB’s Service Learning Institute into a national model, Seth Pollack will help confront an international epidemic. As a Fulbright Scholar, Pollack will work with South... read on»
By Zachary Stahl posted April 10, 2008 12:00 AM
Comments: 0
 
Coming Together: Supervisor Fernando Armenta says he hopes the Butterfly Village settlement will set the framework for compromise, not future lawsuits.
Monterey County, developer and opponents reach agreement on controversial subdivision.
After 20 years of legal battles and ballot-box fighting, county officials, land-use watchdogs and developer Moe Nobari have reached an agreement about the planned Butterfly Village subdivision. As part of... read on»
By Jessica Lyons posted April 10, 2008 12:00 AM
Comments: 0
 
Status Quo: Incumbent Councilwoman Karen Sharp (right) won a second term  in office.
Ballot counting changes, but Carmel voters stick to the tried and true.
For nearly four hours late Tuesday, April 8, it was a waiting game in Carmel-by-the-Sea. Conversations piddled around grandkids, travels and recent surgeries but inevitably returned to a central question:... read on»
By Kera Abraham posted April 10, 2008 12:00 AM
Comments: 0
 
Love Fest in Salinas : County, Salinas officials agree on tax sharing, farmland preservation.
County, Salinas officials agree on tax sharing, farmland preservation.
Monterey County Supervisors and Salinas Mayor Dennis Donohue practically had a group hug Tuesday, April 8, after announcing an agreement over tax sharing and farmland preservation. While Donohue didn’t cry... read on»
By Zachary Stahl posted April 10, 2008 12:00 AM
Comments: 0
 
Dems Question Carmel Election Results.
Monterey County Democrats may challenge the results of the April 8 Carmel-by-the-Sea mayoral and City Council election. “We have a major concern here that this ballot design might have decided... read on»
By Kera Abraham posted April 10, 2008 12:00 AM
Comments: 0
 
Ballot counting changes, but Carmel voters stick to the tried and true.
For nearly four hours late Tuesday, April 8, it was a waiting game in Carmel-by-the-Sea. Conversations piddled around grandkids, travels and recent surgeries but inevitably returned to a central question:... read on»
By Kera Abraham posted April 03, 2008 12:00 AM
Comments: 1
 
Springing for Cleaning: Ventana Wilderness Alliance’s Tom Hopkins and his volunteers want to help tidy up.
Volunteers prepare to clean up busted grow sites.
The 15-year-old County of Monterey Marijuana Eradication Team soon may be jonesing for more green. COMMET, which was granted $177,000 in the 2007-08 fiscal year, recently received notice from the... read on»
By Kera Abraham posted April 03, 2008 12:00 AM
Comments: 2
 
Big Picture: While Federal Development is concerned with digging up old rounds, concerned residents are more worried about what goes on above ground.
Planned Del Rey Oaks resort would sit on top of major munitions area.
A posh golf course resort that would double the size of tiny Del Rey Oaks will go before the city’s Planning Commission on Wednesday, April 9. The commission will study... read on»
By Zachary Stahl posted April 03, 2008 12:00 AM
Comments: 0
 
Freedom Fighter : What Women Want: “The United States and its colonial feminists have been irrelevant for the majority of Iraqi women,” writes Haifa Zangana in her newest book.
Iraqi author and activist visits Monterey.
The Ba’ath regime jailed and tortured Haifa Zangana while she was a pharmacy student at Baghdad University in 1972. She and three friends, all Iraqi Communist Party members and in... read on»
By Jessica Lyons posted April 03, 2008 12:00 AM
Comments: 2
 
Turf Wars: Sidney Widrow admires an artificial lawn just outside the city limits.
Carmel-by-the-Sea resident wants to install a fake lawn..
Carmel-by-the-Sea resident Sidney Widrow stoked controversy when he applied for a permit to install synthetic turf on roughly 140 square feet of his front lawn. The application has prompted debate... read on»
By Kera Abraham posted April 03, 2008 12:00 AM
Comments: 0
 
Rancho Cañada Developer Rejects EIR.

Al Williams, one of the developers behind the proposed Rancho Cañada Village, says he will reject the environmental impact report prepared by Bay Area... read on»

By Kera Abraham posted April 03, 2008 12:00 AM
Comments: 0
 
Farm Bills: Irene Zamudio says she’ll lose more than $50,000 and have trouble paying her rent if ALBA decides not to renew her farm lease.
ALBA farmers clash with staff over leases, treatment and produce prices.
Irene Zamudio touches the soft green leaves of her organic fava beans. Raspberry plants sprout a row over as traffic buzzes past on Hall Road in Las Lomas. In about... read on»
By Zachary Stahl posted April 03, 2008 12:00 AM
Comments: 22
 
Never-Ending Story : State order to stop overpumping the Carmel River elicits boos, cheers from Peninsula residents.
State order to stop overpumping the Carmel River elicits boos, cheers from Peninsula residents.
If the state orders California American Water to reduce the water it pumps from the Carmel River by 50 percent over the next seven years, Peninsula hotels will shutter their... read on»
By Jessica Lyons posted April 03, 2008 12:00 AM
Comments: 0
 
Tally : The Weekly Tally, 04.03.08
The Weekly Tally, 04.03.08
The length, in feet, of a burmese python involved in a south county animal hoarding case announced last week by the spca. The case, which led to a guilty plea,... read on»
By Staff posted April 03, 2008 12:00 AM
Comments: 0
 

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