Tag: California

NEWPORT BEACH, Calif., Genesis Bank (In Organization), announced today the completion of its oversubscribed initial capital raise of $57.0 million, led by investors Stephen H. Gordon, managing member of Gordon Ventures, and Arkview Capital. The private offering represents the largest de novo capitalization ever in Orange County, Riverside County, and San Bernardino County, and the second largest de novo capitalization in Los Angeles County. Stephen H. Gordon has a long-established history of investing his own private capital to found, lead, operate, build, and take public multiple banking institutions on the West Coast. Arkview Capital, founded and led by Joon Chang, Pavel Chernyshov, and Vijay Mehta, is a minority-certified private equity fund focused on investing in diversity-oriented businesses.

This newspaper recently reported that 12 members of the state Legislature refused, when asked by The Times, to disclose their vaccination status.

Conservative talk radio host Larry Elder has filed a lawsuit challenging a decision by California election officials to block him from running in the state’s Sept. 14 recall election, saying he’s the target of political “shenanigans” by Sacramento Democrats.

Even without the 100-plus candidate field seen in the 2003 gubernatorial recall that saw the ouster of Gov. Gray Davis, the 2021 effort has brought forward new nuggets previously unknown about the candidates seeking to replace Gov. Gavin Newsom.

Republicans and Democrats agreed on this program. They must have realized the time has come to support, no strings attached, the people in our communities who need a leg up. It’s not a handout but an act of helping someone improve their situation.