LA Biz Observed
 
Bio • Email • Archive
 

 

Well, what else is there to do? There was no big news today, but plenty of worry - about oil, the dollar, credit woes, blah, blah, blah. The Dow finished down 211 points, to 12,799 (14,000 is looking mighty distant). The day was especially bad for the financials; Countrywide fell 8.4 percent to close at $9.42 a share and the locally based homebuilders did poorly as well. By the way, oil pulled back after flirting with $100 a barrel. (NYT)

> | More
© 2003-2011   •  About LA Observed  •  Email the editor
Mark's latest news
and commentary
 
 
LA Biz Observed
by topic
Economy and jobs
Media, books & Hollywood
Politics and labor
Travel, food and life
Technology
Land and real estate
Wealth and poverty
 
 
New at
LA Observed
 
2:25 PM Fri | Martin Gomez, the head librarian for Los Angeles since 2009, will become vice dean in the USC Libraries on April 2.