Stephen Pizzo
Stephen P. Pizzo is a former real estate broker who, in 1982, purchased a small-town newspaper called theRussian River Newsin Northern California. Stephen did not have any journalistic experience or training, but intended to revitalize the failing publication and resell it. Instead, he discovered that the local savings and loan, which had been deregulated along with the rest of the nation’s thrift institutions, was making risky loans to out-of-town borrowers with shady pasts. His...
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