April 11 - April 17, 2010
Friday, Apr. 16
Here's another case of how a hedge fund bought collateralized debt obligations and then bet against its own securities.
Here's the 66-page presentation of the deal that's at the center of the SEC's case.
Travelers who took out insurance before April 13th stand a chance of being covered; volcanic eruptions are sometimes included in benefits.
It's not that easy to follow, but here's a good summation of what the SEC charges really amount to.
The mayor's "jobs czar" stressed that it would be a temporary assignment, and that he would still work as Villaraigosa's point man on business matters.
It's not just that the SEC is coming down on the Wall Street powerhouse, it's that the accusations involve securities fraud.
Unemployment appears to be peaking out, but those numbers show little sign of dropping significantly any time soon.
Tech hires picking up, Socal venture capital jumps in Q1, export traffic improving out of L.A. and Long Beach, and another NFL stadium idea.
Thursday, Apr. 15
The Santa Monica startup has hired Goldman Sachs to look into a public offering, possibly later this year.
This year's US News ranking has Harvard and Stanford tied for the top spot. UCLA is 15th, USC 20th.
That's one of the strange but true questions asked by business school admissions officers
Maybe the promoters are right when they say the concert business is recession-resistant.
City Administrative Officer Miguel Santana returned to work today almost three weeks after being arrested on suspicion of drunk driving.
Forget about getting to London today -- nine flights have been cancelled out of LAX because of the volcanic ash problems
Economists may have underestimated recovery, eating out is back, and foreclosures and bankruptcy filings take off.
Wednesday, Apr. 14
It's the same 0.6 percent rate increase that was passed earlier this month - and the mayor seems fine with it.
Who knows how long this might go on, but markets typically change course after extreme volatility, and that's not happening.
The Republican National Committee offers a preview of what we're in for this fall. Fair and balanced it ain't.
Some ideas are offered for getting the city's wealthiest donors to contribute to local nonprofits that are aimed at the needy.
It's not a question of whether the economy is getting better. It's whether growth will get beyond the current okay-but-not-great levels.
Bernanke worries about deficit, shoppers are coming back, bids due on CA properties, and iPad sales are booming.
Tuesday, Apr. 13
Details about her speaking gig at Cal State Stanislaus have not been made public, but students say they found some snippets.
Santa Monica-based electric car startup Coda Automotive is said to be in advanced talks with the CRA.
Business writer Roger Lowenstein is in town this Thursday to plug his book, "The End of Wall Street." It's part...
The California Franchise Tax Board says it's Cnet founder Halsey Minor and his wife Shannon.
All told, it was a pretty good month, though not good enough to rule out more trouble later this year.
Wamu executives get grilled, trouble for Mercury Insurance, good readings on economy, and Twitter starts taking ads.
Monday, Apr. 12
A five-year deal was done in 72 hours. Turner executives say they assumed O'Brien would sign with Fox.
The state had the fifth-highest rates in the country, with an average annual premium of $1,74.41,
The latest effort by Idealab impresario Bill Gross is something called TweetUp, which is basically a Twitter search engine.
So much for Fox - O'Brien will start up a new late-night show on TBS, beginning in November.
Not a big surprise here, but more questions are being raised about that multibillion-dollar bullet train between SF and L.A.
Well, at least dozen of them holding more than $3.6 billion in claims at the media company
Still not calling recession, Karatz jury is deliberating, CPK looks and options, and new rules for using interns.
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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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