The City Council will be approving the memorandum of understanding with AEG later today, but all sorts of questions remain about whether the deal makes sense. Former LAT columnist Tim Rutten doubts whether L.A. will ever become a top-tier convention city, even with an upgraded convention center, and there's also the financial aspect of bringing an NFL team to L.A. He was on Madeleine Brand's show this morning.
More by Mark Lacter:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent Politics stories on LA Observed:
Former Calpers CEO charged with fraud*Social Security funds to run out sooner than expected
Villaraigosa's transit proposal getting cautious reactions
WSJ-NBC poll has Obama up by 6 points
Mayor had better prepare for pushback on his fanciful transportation plan
New at LA Observed
Follow us on Twitter
On the Media Page
Go to Media
LA Biz Observed
Go to LA Biz Observed
Sign up for daily email from LA Observed
Last look at Van Nuys location