March 22 - March 28, 2009
Friday, Mar. 27
Main Street people are a lot happier - and a lot more tempted to buy a sweater - if the Dow is up 400 points rather than down 400 points. $MTEntryExcerpt$>
The L.A.-based homebuilder reported a first-quarter loss of $58.1 million, somewhat improved from the net loss of $268.2 million a year ago.
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Candy Spelling is selling her French chateau-style mansion for the modest sum of $150 million (well, modest by Washington standards). $MTEntryExcerpt$>
Thursday, Mar. 26
Excluded from the filing is the company's 35-story 717 W. Ninth Street residential tower project currently under construction. $MTEntryExcerpt$>
I'm in deadline frenzy on a couple of projects, so very light posting through next week.... $MTEntryExcerpt$>
The controversy reflects the ineptitude of city officials in regulating signage and not the aesthetics of the billboards themselves.
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Wednesday, Mar. 25
The stimulus plan should focus on homes, cars, retail and restaurants because that's where most of the damage has come from. $MTEntryExcerpt$>
Stocks keep climbing, UCLA economists see continued high unemployment, bond sale a success, and Dov Charney on a buying spree. $MTEntryExcerpt$>
Tuesday, Mar. 24
Nobody knows, everybody is guessing, and the economy hangs in the balance. Cocktails anyone? $MTEntryExcerpt$>
Americans have been consuming growing volumes of Mary Janes, Tootsie Rolls and Gummy Bears, and it's being tied to the recession. $MTEntryExcerpt$>
Nothing like 6 percent yields - tax-exempt - to get the attention of investors, especially when you can hardly get half that with a CD. $MTEntryExcerpt$>
The big question is whether this marks the end of the bear market, or at least the beginning of the end. There's a case on both sides. $MTEntryExcerpt$>
Monday, Mar. 23
Scrap metal prices fall, feds seize credit union, and appelate court nixes parts of ports plan. $MTEntryExcerpt$>
The Treasury Secretary announces the Public-Private Investment Program, which will provide $500 billion in financing to buy toxic bank assets,... $MTEntryExcerpt$>
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