Clem Carinalli was the largest individual property owner in Sonoma County. Now his real estate empire is falling apart in U.S. Bankruptcy Court as he tries to restructure $165 million in debt owed to a long list of creditors.

Recent Articles About

• PD EDITORIAL: SSU speaks concerning loans

  Published November 23, 2009
  Sonoma State Universitys Academic Foundation has broken its recent silence and disclosed several new facts relative to those loans made to local financier Clem Carinalli. This includes the announcement that the foundation is being investigated by...

• Attorney General auditing SSU loans to Carinalli

  Published November 23, 2009
  The state Attorney General is conducting an audit of the Sonoma State University Academic Foundation and its loans to former board member Clem Carinalli.

• GUEST OPINION: SSU Foundation on its Carinalli loan

  Published November 23, 2009
  Recently, there have been a number of news reports and editorials in The Press Democrat newspaper regarding loans issued by the Sonoma State University Academic Foundation, particularly a $232,500 loan to Clem and Ann Marie Carinalli which was paid...

• SSU faculty demands clarity on loan

  Published November 19, 2009
  Sonoma State University faculty members are demanding that administrators explain discrepancies in their public statements about an SSU Academic Foundation loan to former board member Clem Carinalli.

• Wednesday's Letters to the Editor

  Published November 18, 2009
  EDITOR: The Santa Rosa school district is facing more budget cuts. Closing our three alternative schools is one option. Alternative education does not mean these kids cant be put anywhere else because they are hopeless. It means these kids learn...

• PD Editorial: Sonoma State loan unknowns

  Published November 16, 2009
  How exactly does a secure loan become unsecured and then go undetected for four years? Its sloppy and unprofessional at best.

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