December 6 - December 12, 2009
Saturday, Dec. 12
What finally emerging out of Congress is certain to be a hodgepodge. But perhaps a hodgepodge is what we're looking for.
FirstFed Financial's Babette Heimbuch has been battling to save the L.A. savings and loan.
The Procter & Gamble division says it will be "limiting his role in our marketing programs" - all in the interest of supporting him, of course.
Friday, Dec. 11
It's time to become a mensch. So no more golf for... well, he doesn't say, other than to call it "an indefinite break."
The week wouldn't be complete without another one of those goofy animated videos from Taiwan on the travails of Tiger.
The financial soap opera continues at the giant L.A.-based money manager. But the outflows appears to be slowing.
That would be L.A.-based J Brand, one of the first denim companies to push the skinny-leg jean.
From the start of the financial meltdown, it was a good bet that lawmakers would shift from too little oversight to too much - and here we are.
Hold the doom. November's strong retail sales report has analysts raising the possibility of a solid holiday shopping season.
Mixed messages for retailers, inside Madoff's cell, Paramount thinking small, and yet more press for Bazaar.
Thursday, Dec. 10
Holiday shoppers weren't buying much during the first week of December. New markdowns could be near.
L.A. tax attorney pleaded guilty in connection with a $36 million kickback scheme that steered the media mogul into an illegal tax shelter.
One year ago today, CBS announced a new president and general manager of KCBS and KCAL. It's a not-so-happy anniversary.
It's not much of a mystery why it sold The Hollywood Reporter, Adweek, Billboard, etc. and killed off E&P and Kirkus.
November's receipts were relatively close to estimates, down a mere 0.7 percent, or around $41 million.
Forget about the politically correct idea of saving those hopeless mortgages at any cost.
The majority of economists in the latest WSJ survey say yes, though they were divided on what exactly should be done.
GE CEO says the U.S. is at the end of a generation when greed drove leaders and "rewards became perverted."
CA foreclosures decline, Apple looks at iTunes reboot, more trouble for local ports, and Lakers become NBA's most valuable team.
Wednesday, Dec. 9
Why did robbers select the Newport Beach home of former subprime lender Daniel Sadek? Screenwriters take note.
Chinese consumers are beginning to resemble American consumers - two or three years ago.
It's been about the strongest sector of the economy, fueled by the manufacturing of airplanes, movies and all kinds of technology.
So which is it: Furloughs or raises? California's Administrative Office of the Courts seems to be playing both sides.
TARP program effective, CA late on unemployment checks, Bridge theaters reportedly sold, and Tesla battle continues.
The news from UCLA's Anderson Forecast isn't horrible, but it's far from wonderful. State unemployment will remain in double digits until 2012.
Tuesday, Dec. 8
Democratic senators say they have a tentative deal to drop a government-run insurance option from health care legislation
The parent company took a $1.05 billion asset writedown, most of that directed at the Socal-based supermarket chain.
The L.A. City Council is nearing a vote that would ban smoking in the outdoor sections of restaurants.
Beacon Economics, a private consulting firm co-founded by former UCLA Forecast Economist Chris Thornberg, is out with its own forecast...
Congress got an earful today on why the administration's loan modification program is such a mess.
Admit it, wouldn't you love to write a newspaper story with the phrase "sex-crazed hubby?
Looks like airport officials finally received government finding to help pay for a new baggage-screening system by 2012.
FedEx more upbeat, holiday hiring is improving, riches for "2012" director, and the latest Expo delays.
Monday, Dec. 7
Here we go again - another threat to the local entertainment industry that could cost jobs.
It's none other than Edmund Andrews, who wrote a book about his financial problems centering on a mortgage he could not afford to pay.
Of all the complaints registered about sudden acceleration in 2008, Toyota and Lexus vehicles made up 41 percent.
The SEC is filing civil fraud charges against three of its executives, alleging that they misled investors and overstated profits.
Ugly breakup at money management giant, new plans for Grand Avenue, and L.A. valets may need operating license.
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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.
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