February 8 - February 14, 2009
Friday, Feb. 13
State budget battle gets ugly, California could receive $26 billion from feds, bad times for restaurant chains, and Grand Avenue update. $MTEntryExcerpt$>
Thursday, Feb. 12
It's a big switch for CNBC’s "Mad Money" host, who up to now has not been a fan of the Treasury Secretary. $MTEntryExcerpt$>
Up for sale in Laguna Beach is a 6,000-square-foot house that just happens to be next to the one owned by the Oracle of Omaha. $MTEntryExcerpt$>
The needed three Republican votes in the Assembly appear in hand, but the Senate is another matter. Vote is expected this weekend. $MTEntryExcerpt$>
Another big foreclosure month, Edison cuts solar deal, Viacom earnings tumble, and Katzenberg tries to clarify. $MTEntryExcerpt$>
Wednesday, Feb. 11
But any Saturday is the busiest night of the week - much better to have Valentine's Day fall in the middle of the week. $MTEntryExcerpt$>
Gov. Arnold Schwarzenegger and legislative leaders have settled on at least the framework for closing a $42 billion budget gap. $MTEntryExcerpt$>
Bankers testify on bailout, another state budget plan is readied, anger at Motion Picture home, and Mervyns might have new life. $MTEntryExcerpt$>
Tuesday, Feb. 10
Geithner outlines a less-than-convincing plan for dealing with toxic banks assets and keeps saying this is complicated stuff. We know that.
$MTEntryExcerpt$>
Lukewarm response to bank plan, Live Nation-Ticketmaster deal announced, L.A. gas prices shoot up, and Grammy's get big audience. $MTEntryExcerpt$>
Monday, Feb. 9
Last week marked the first time since 1993 that weekly deal volume had failed to top $1 billion in the U.S. $MTEntryExcerpt$>
Latest rescue plan for banks, corporate profits fall 32 percent last year, Live Nation-Ticketmaster deal is near, and Doug Allen fired, again. $MTEntryExcerpt$>
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