April 1 - April 7, 2012
Friday, Apr. 6
Baseball officials are concerned that the prospective owners have not provided more data on the deal. It's not really an all-cash deal: new owners will assume $12 million in debt.
Being founder, chairman, primary stockholder, and CEO is not the ideal arrangement.
As could be expected, the TV folks are practically forecasting a new recession.
It helps that sellers have been lowering their asking price.
U.S. producers like Manischewitz and Streit's are having a tough time competing with the Israeli-made product.
Parsing job numbers, gas prices keep falling, AEG betting on mass transit, and Aetna called on higher rates.
Only 120,000 jobs were added to the workforce in March.
Thursday, Apr. 5
As usual, everybody and their uncle are guessing about the March number.
This really goes back to the Orange County bankruptcy in 1994.
It boils down to the Republican's perverted view that the federal government, aside from defense, is worthless.
Located along "Billionaire's Beach" (David Geffen, Jeffrey Katzenberg, Larry Ellison, Paul Allen et al), it fetches $10 million.
When that many people descend on a smallish area there's only so much that can be done.
Hmmm - doesn't seem to be happening, at least based on March chain-store sales, which largely topped expectations.
The summary alone is 183 pages.
Good month for retailers, gas prices keep falling, early word on stadium plan, and Playa Vista gets its downtown.
Wednesday, Apr. 4
I wouldn't trust anything this guy says, but it's interesting to watch the dance.
Unfortunately this will require a lot more than technology.
Saudi prince Alwaleed bin Talal is spending well in excess of $500 million for an Airbus A380.
That, of course, would be the Masters.
Today's news is disheartening.
Today's trading is only a snapshot, but it does capture conventional wisdom.
There's a lot that we still don't know about the deal.
Gas prices still falling, Dallas air service returning to normal, council considers incentives for hotels, and Americans taking fewer doctor visits.
Tuesday, Apr. 3
They're being announced early tomorrow morning.
Sounds like a real mess.
Any economy, no matter how beaten up, can be reborn if the conditions are right.
Movies did the best and TV the worst.
Many of the current pay plans have been fashioned by a company called Press+
Big difference.
Talk about being stuck in the Twilight Zone.
Please tell me that the party's brain trust can do better than this.
L.A. gas prices edge lower, March car sales looking good, Anschutz ups his offer, and "slime" blamed for bankruptcy.
Monday, Apr. 2
Was there a tentative deal with DirecTV on TV retransmission and was nixed by creditors?
Self-driving cars could be changing the transit conversation.
Once more, it's a case of Americans wanting it all - and wanting it cheap.
Lots of ways, from education to major industries.
Actually, there were quite a few this morning during the so-called interview.
Gas prices keep edging lower, AirTran gets top performance grade, AEG could be caving on NFL demands, and Oprah tap dances.
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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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