April 25 - May 1, 2010
Saturday, May. 1
Calling Detroit a more livable city than London seems a bit nutty, but that's the point: Rankings can be very misleading. $MTEntryExcerpt$>
He tells his Berkshire Hathaway shareholders that the embattled Wall Street bank was not involved in improper activity. $MTEntryExcerpt$>
Friday, Apr. 30
LAT describes it as "a problem of unprecedented severity -- a limitless gush in very deep waters."
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The L.A. billionaire and long-time partner of Warren Buffett says that the bad behavior "came right at the top." $MTEntryExcerpt$>
I'm on jury duty and out of pocket for much of the day. Two important local business stories so far this morning:
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Thursday, Apr. 29
Mike Milken and Nouriel Roubini took a crack at where things stand today and where things are headed. $MTEntryExcerpt$>
The combined airlines would top Delta as the world's largest carrier based on passengers carried. $MTEntryExcerpt$>
L.A. City Councilman Ed Reyes has a hard time specifying the ways in which the deficit can be pared down. $MTEntryExcerpt$>
If you want to understand why California's pension problems are getting so out of hand, look no further than these numbers, $MTEntryExcerpt$>
We're talking cotton gabardine Khakis, and you can buy a pair at Bergdorf Goodman. $MTEntryExcerpt$>
Goldman may want to cut a deal, high foreclosure rates in CA cities, new optimism about a deal for Greece, and Chase adds branches in Socal. $MTEntryExcerpt$>
Wednesday, Apr. 28
Modern Luxury Media has been approached by several parties. Earlier this year, lenders seized control of the company. $MTEntryExcerpt$>
The airline will have five weekly flights between L.A. and Rome, beginning June 5. $MTEntryExcerpt$>
The jump in retail sales, much ballyhooed as the start of a stronger-than-expected recovery, is not indicative of what's going on. $MTEntryExcerpt$>
It's somehow appropriate that a gambling portal is placing odds on how the Wall Street saga will play out. $MTEntryExcerpt$>
Virtually all of California had double-digit unemployment in March, with El Centro topping the list of all metro areas in the nation. $MTEntryExcerpt$>
If the case against Goldman Sachs sounds complicated, just think about trying to fix a horse race.
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Greece on the verge of financial collapse, bank foreclosures likely to rise, WellPoint profit soars, and NY to charge for filming. $MTEntryExcerpt$>
Tuesday, Apr. 27
The Santa Monica-based company has been sued by 38 former and current staffers of its development studio. $MTEntryExcerpt$>
No offense to Joel Kotkin, but I just don't believe that L.A.'s job growth picture is worse than in Buffalo, NY. $MTEntryExcerpt$>
That might seem nutty, considering that the firm is getting its butt kicked on Capitol Hill. $MTEntryExcerpt$>
Everybody is taking their shot at the immigration law, including L.A. City Councilwoman Janice Hahn. $MTEntryExcerpt$>
Ted Turner and T. Boone Pickens pushed for federal legislation that would stress cleaner, greener domestically produced energy. $MTEntryExcerpt$>
All it took was S&P downgrading Greek debt to junk status. Financing risks are growing. $MTEntryExcerpt$>
Lots of live coverage on today's Congressional testimony involving the Wall Street giant. $MTEntryExcerpt$>
Goldman hearing under way, L.A. home prices dip, LAX vendors crying foul, and Disneyland alone in local attendance gains. $MTEntryExcerpt$>
Monday, Apr. 26
Try Greek government bonds. Two-year yields are running 13.522 percent.
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Advertising man Richard Beckman will be running THR. He seems like a perfect Hollywood fit. $MTEntryExcerpt$>
Her actions are like a mega-millionaire movie star accepting award show swag: Tacky but permissible. $MTEntryExcerpt$>
All told, 82 flights, or 12 percent, will be trimmed from the airline's weekly schedule out of Burbank. $MTEntryExcerpt$>
Live Nation's chairman reminds us why nothing that's said in the entertainment industry should be taken all that seriously: $MTEntryExcerpt$>
A provision in the financial reform bill would have allowed Berkshire Hathaway to avoid taking a significant hit. $MTEntryExcerpt$>
Big dip in LAT circulation, Carl's Jr. parent accepts buyout bid, rental car costs fall in L.A., and Parks says bankruptcy can't be ruled out. $MTEntryExcerpt$>
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