March 29 - April 4, 2009

Saturday, Apr. 4
Around 1,900 jobs are being eliminated in the theme park division, even amid cautious optimism that Americans will start taking vacations again this summer,
A leaked copy of the upcoming summer blockbuster, "X-Men Origins: Wolverine" has been traced to a month-old digital working print.
Friday, Apr. 3
Four government agencies in the U.S. and Canada, including the Justice Department, are investigating the West Hollywood company's activities in reselling concert tickets.
Gov. Arnold Schwarzenegger is expected to name the L.A City Controller as inspector general.
"I don't think anybody knew how bad or how long it would be until the fourth quarter last year," said one consultant.
Compensation numbers typically get a good going over, but this year the scrutiny is likely to be even more intense, what with the Wall Street bonuses.
More tumult on tanker deal, lenders let MediaNews forgo payment, layoffs at 21st Century, and Pasadena opens convention center.
Demolition of the Wilshire Grand, which Korean Air has owned for many years, is set for 2011. At which point the credit markets will almost certainly have loosened up.
Another 633,000 American jobs were lost last month and the U.S. unemployment rate rose to 8.5 percent from 8.1 percent the previous month.
Thursday, Apr. 2
The videogame company has just completed $220 million worth of cost cutting, which is one reason for the encouraging news.
Bank stocks were up strongly after the Financial Accounting Standards Board voted to allow companies more leeway in valuing mortgage-backed securities.
Dow tops 8000, New Century liquidator blames KPMG, movie stars get squeezed, and JetBlue down on Long Beach.
Wednesday, Apr. 1
Perhaps it's a small sign that the bottom might be near (don't underestimate the power of the market upswing in getting folks to feel better about their financial situation).
Economist Nouriel Roubini, the guy who has been scarily prescient about the recession, says that the just-completed first quarter will be the worst of it.
The new deal contains a more than $36 million increase in wage rates and other payments, according to SAG AFTRA.
Big job drop in March, crime stats defy recession, state sales tax goes up, and more news at KTLA.
Tuesday, Mar. 31
All right, it's a little on the gotcha side, but doesn't the absence of U.S.-made cars parked at the White House speak volumes?
Leo Nordine has been tapping into the lucrative foreclosure market, although he seems to roll with whatever happens to be hot in real estate.
Bulls and bears duke it out, L.A. home prices keep falling, Disney cruises to L.A., and Karatz pleads not guilty.
© 2003-2015   •  About LA Observed  •  Email the editor
LA Observed blogs
News & Chatter
LA Biz Observed
The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.
More From Mark Lacter:
Native Intelligence
ASIABETKING - PLATFORM GAME DARING CASINO, PARTNER RESMI SBOBET 2025 togelslottembak-ikansportscasinoothersregisterpromoguidemobilehome
SoCal Sports Observed
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Bill Boyarsky
Echo Park blog
Jenny Burman
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
Malibu blog
We get email