OC financial institutions and lenders have certainly played a central part in prior banking industry meltdowns in past decades, from the subprime mortgage crash at the onset of the Great Recession to Lincoln Savings and Loan in the S&L Crisis of the ’80s and ’90s.
There was some local relief, perhaps, in the limited role OC played in this month’s banking debacle, to date. Silicon Valley Bank counts one local office, in Irvine, while Signature Bank has a location in Newport Beach.
For more on why OC banking execs believe they’re built to withstand the latest industry tumult, see Peter J. Brennan’s story on this page.
OC execs could claim a hand in helping boost Wall Street during a rocky week: nearly 30 members of the California Coast Gold Chapter of the Young Presidents’ Organization were on hand to ring the Nasdaq bell at the end of trading on Tuesday, March 14, a day when the market gained back a good portion of its losses from the day prior.
Alongside Allied Universal CEO Steve Jones, who the week prior headlined the Business Journal’s Excellence in Entrepreneurship Awards—honorees from the event are featured in this edition—local YPO members on hand included R.D. Olson’s Bob Olson, McCarthy Cook’s Ed Cook, OC Museum of Art’s Heidi Zuckerman, MSP Sports Capital’s Jeff Moorad, Salas O’Brien’s Darin Anderson, industrial developer Brandy Birtcher, and a number of homebuilding execs such as Landsea Homes’ John Ho, City Ventures’ Craig Atkins and Bert Selva of Shea Homes.
Also on the docket for the Wall Street trip were meetings with JPMorgan CEO Jamie Dimon, NY Mayor Eric Adams, and Charles Stewart, CEO of Sotherby’s, according to Captive Eight CEO Scott Green, who did the official bell ringing and gave a short speech during the ceremony.
Chilean American actor Pedro Pascal is on a hot streak, starring in TV shows like “Star Wars” offshoot “The Mandalorian” on Disney+ and current HBO hit “The Last of Us.”
He heated up even more during a recent taping of popular YouTube series “Hot Ones,” where celebrity guests discuss their careers while eating spicy chicken wings with show host Sean Evans.
Pascal’s OC history played a notable portion of the episode; Pascal went to Santa Ana’s OCSA after his family moved to SoCal from Texas, and is a member of the art school’s hall of fame. He is an alumni of the Music & Theater department’s 1993 class.
He also discussed how his mom helped him get a start as a child actor at South Coast Repertory in Costa Mesa. The actor said he fell in with the older, “badass” teen actors at the theater while there.
The “Hot Ones” episode garnered around 10 million views in about six days, as of last week.