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Santoro's territory, known as the Inland Empire, lies some 60 miles east of downtown Los Angeles. When the real estate boom started at the beginning of the decade, the Empire?s Riverside and San Bernardino Counties stood as monuments to the American dream, affordable nesting spots for those priced out of the L.A. market. Migrant Angelenos found bigger homes on bigger lots in brand new subdivisions for as much as $100,000 less. Johnson says that in some of those developments, as many as 80% of the buyers were subprime borrowers and many of them first-time homeowners. Consequently...

Author: /time Magazine | Title: California's Real Estate Tailspin | 7/27/2007 | See Source »

Foreclosures in San Bernardino shot up 987% to 1,489 in the second quarter. In Riverside they jumped 793% to 2,509. That stock will soon be competing with a 13-month supply of unsold inventory that's already on the market. Santoro is braced for the worst. "There's a tsunami coming and we're going to get slammed," he says. And while economics is always local, economic nervousness can go national - even global - in a matter of hours, as recent financial events have shown...

Author: /time Magazine | Title: California's Real Estate Tailspin | 7/27/2007 | See Source »

...much change can you effect, and how fast, given that religious extremism and aversion to the West is so entrenched in the culture you are trying to alter? -Mohammad Shamsuzzaman in San Bernardino, Calif. I don't necessarily agree with your assumption. Extremism is not endemic in my region, nor is anti-Western sentiment. No doubt there is discontent and distrust. That is towards more the American and some Western policies, and not toward the American people. Polls show that Arabs admire a lot of the Western values, cultural aspects in the West. It is more about policies than about...

Author: /time Magazine | Title: More Questions with Queen Rania | 5/11/2007 | See Source »

...movies you appeared in, which is your favorite? -Kerri Reed, San Bernardino, Calif...

Author: /time Magazine | Title: 10 Questions for Chevy Chase | 4/11/2007 | See Source »

...videos are powerful, but that power can be a little scary. Once something goes viral, there's no way to get the genie back in the bottle, and some things go viral that shouldn't. One notorious surveillance video, still at large online, shows a suspect in a San Bernardino County, Calif., police station shooting himself in the head with a pistol. Another video shows a chubby kid waving a golf-ball retriever like a light saber. The kid, Ghyslain Raza, was 15 at the time. Three of his classmates found the footage and put it online, and it became...

Author: /time Magazine | Title: How To Get Famous in 30 Seconds | 4/16/2006 | See Source »

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