May 9 - May 15, 2010
Friday, May. 14
That would be Alan "Ace" Greenberg, the former chairman of Bear Stearns, who doesn't do email or cell phones.
The governor is proposing the elimination of the state's welfare program and drastic cuts in in-home health care for the elderly and disabled.
It's all about cutting my taxes and keeping my Medicare. And nothing is my fault.
At a time of intense hand-wringing among L.A. politicians about the loss of TV and film production, it's ironic that this show is getting the ax.
Just days before leaving the apparel company, Michael Buckley sold 150,000 shares of stock worth $4.3 million.
There is no single culprit behind today's losses - just a combination of nagging concerns.
Looks like L.A. developer Mohamed Hadid,has a buyer for his monster 48,000-square-foot mansion in Bel-Air
Government's blind eye on drilling, Schwarzenegger releases bad news budget, local seafood prices start rising, and videogames take dive.
Thursday, May. 13
That is what's being reported this afternoon, But NBC has not made any announcement.
Here's a good take on why L.A. ranks at the bottom of the top 20 metro areas when it comes to personal debt.
California Sens. Barbara Boxer and Dianne Feinstein are joining with senators from Oregon and Washington.
A ticket to Oliver Stone's "Wall Street: Money Never Sleeps" is supposedly going on the black market for $10,000.
A number of Web sites allow people to post their finances and compare them with everybody else.
Not all airlines are alike when it comes to redeeming your points for a free ticket.
Some very cool video of the effort by BP to cap that oil rig in the Gulf of Mexico.
Wall Street probes widen, CA foreclosures fall, port activity improves, and Arizona boycott complications.
Wednesday, May. 12
What all this suggests is a sharply divided electorate that will make it next to impossible to resolve the immigration debate this year
Angelenos spend an average $8,310 a year on food and drink - $3,657 for dining out and $4,653 for groceries.
April's budget deficit was $82.7 billion, the largest imbalance for that month on record.
No, not the lawmakers - the people who elected them. And it's happening at all levels of government.
The 1,700 union workers at the Boeing plant in Long Beach are playing with fire.
Brace yourself for some monster cuts on Friday when the governor releases his May budget revision.
Tongue-in-cheek from Not the L.A. Times: Acting decisively, L.A. city officials today adopted a strongly worded resolution that wishes the city's budget deficit would "go away really soon, like in the next three months or so." Alleged Mayor Antonio Villaraigosa drafted the statement after rejecting calls for Los Angeles to declare bankruptcy or shrink its bloated pension system....
Morgan Stanley investigated, City Council consider AZ boycott, Disneyland business is soft, and Ralphs accused of overcharging.
Tuesday, May. 11
This one comes from the City Council's top policy analyst, who says that 1,000 jobs would have to be cut on top of the 761 targeted by the mayor.
The city of Phoenix estimates that $90 million worth of convention and hotel business will be lost over the next five years.
Not your typical listing, considering that the median price in that part of town is $367,000.
Americans paid their lowest level of taxes last year since 1950, the result of the stimulus package and a series of credit and exemptions.
People who added three or more hours to a seven-hour day had a greater risk of heart attack than those with no overtime work.
More than 6,000 of them in L.A. County have not filed the required paperwork to maintain their tax-exempt status.
Jon Stewart's take on last Thursday's "flash crash."
Long Beach Boeing workers go on strike, L.A. must raise pay to lay off workers, finger-pointing over drilling disaster, and NBC to sell KWHY.
Monday, May. 10
There's not much doubt about how the patterns have shifted over the past 40 years.
Guess we can all come out of the shelters....
"60 Minutes" interviews several folks in Arizona who have convinced themselves that it's all right not to honor their commitments.
Giveaways aren't all that they were cracked up to be, especially in tough times.
Hispanics remain a significant portion of the Inland Empire population, and it's creating a "cultural generation gap."
Oxy investors balk at CEO pay, L.A. to host big Microsoft convention, Wellpoint CEO talks back to Obama, and higher-end home sales picking up.
Dow is up about 400 points in the first 20 minutes of trading. European markets were sharply higher today after a nearly $1-trillion rescue plan was finalized over the weekend....
© 2003-2015 • About LA Observed • Email the editor
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:
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
