The publicity shy Denver billionaire who owns half of downtown L.A. (approximately) and who would do most anything to avoid talking to a reporter found himself facing a bunch of those ink-stained wretches today as the first defense witness in the trial of former Qwest Communications CEO Joe Nacchio. Anschutz is the founder of Quest, and his testimony was used to establish Nacchio's state of mind at the time he is accused of illegally selling stock. Anschutz recalled that Nacchio wanted to resign because one of his sons had attempted suicide. "He was quite agitated, very emotional. In fact, he broke down in tears," said Anschutz. The Nacchio case has gotten limited press coverage nationally, but all that changed when Anschutz walked into the Denver courtroom. AP
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Siri versus Hawaiian pidgin (video)Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
New at LA Observed
On the Politics Page
Go to Politics
Sign up for daily email from LA Observed