Last look at Van Nuys location
Tricks and treats of 'Deceptive Practice'
In the immortal words of Ricky Ricardo, wha' happened? What seemed like a pretty benign trading session turned downright ugly in the last hour or two, as bond yields pushed up to 5.13 percent - not a good thing for equities. Higher interest rates could put a damper on the buyout boom as well. The Dow finished the day off 146 points, or 1.1 percent. Among local issues, lots of 2 percent or more declines, including Activision, Countrywide, DirecTV, Edison, Guess, IHOP, KB, IndyMac, Ryland and THQ. (Bloomberg)
More by Mark Lacter:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent stories on LA Observed:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
New at LA Observed
Follow us on Twitter
On the Media Page
Go to Media
LA Biz Observed
Go to LA Biz Observed
Sign up for daily email from LA Observed