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Article: Soccer Teams Fail to Reach Goal of San Jacinto, Calif., Venture Capitalists.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- May 7, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Joseph Ascenzi, The Business Press, Ontario, Calif. Knight Ridder/Tribune Business News
May 7--Failed soccer franchises, excessive administrative costs and ill-fated Web site developments have put a San Jacinto venture capital fund into a large financial hole.
Peacock Financial Corp. (OTC BB: PFCK), reported in late April it lost $8.6 million against $764,814 in revenue during its 2000 fiscal year, which ended Dec. 31.
The losses included nearly $5.8 million in investment, banking and administrative costs, according to an April 17 annual report filed by the company with the Securities and Exchange Commission.
In a statement ...
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Article: San Jacinto Savings placed under government ...
PR Newswire;
November 30, 1990 ;
700+ words
...SAN JACINTO SAVINGS PLACED UNDER GOVERNMENT CONTROL ... Thrift Supervision (OTS) today placed San Jacinto Savings Association, Bellaire, Texas ... did not result in any interruption of San Jacinto's day-to-day operations. The ...
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