January 6 - January 12, 2008
Saturday, Jan. 12
Bank of America CEO Ken Lewis got a phone call in early December from Countrywide CEO Angelo Mozilo, who said... $MTEntryExcerpt$>
Friday, Jan. 11
They'll begin formal contract talks with the studios and networks tomorrow. But they won't be starting from scratch - members... $MTEntryExcerpt$>
BW media writer Jon Fine offers some advice for the new press baron - stuff like cutting more deals with... $MTEntryExcerpt$>
This is the time of year we start hearing about profits per partner at local law firms. It's the very... $MTEntryExcerpt$>
Or so says Henry Blodget writing in Silicon Valley Insider - and quite at odds with the Pollyanna forecast of... $MTEntryExcerpt$>
Countrywide followups: There will be lots of hand-wringing on this one, much of it centered on the wisdom of Bank... $MTEntryExcerpt$>
Depends on which newspaper you're reading - or which compensation expert you're using. The NYT expert pegs the exit package... $MTEntryExcerpt$>
The $4 billion all-stock deal announced this morning puts an end to the daily soap opera starring the nation's largest... $MTEntryExcerpt$>
Thursday, Jan. 10
Yeah, I know - it's impossible. But former MGM vice chairman Chris McGurk thinks he's on to something. Really. He's... $MTEntryExcerpt$>
Talk about a deal that's hard to turn down. You might recall that Bank of America came to Countrywide's rescue... $MTEntryExcerpt$>
An agreement could be announced today, according to the indie's co-founder Harvey Weinstein, who was interviewed by the NYT. Apparently,... $MTEntryExcerpt$>
The WSJ reports that the bank is in advanced talks to acquire the struggling Calabasas-based mortgage lender. Two sources are... $MTEntryExcerpt$>
It's time for tech writers to sum up the annual craziness at the Consumer Electronics Show in Las Vegas. Tech... $MTEntryExcerpt$>
Break out those anti-depressants. It’s a glum news day. Deep cuts in state budget: That includes closing 48 state parks,... $MTEntryExcerpt$>
Wednesday, Jan. 9
Pretty low, it seems. Today's close was $5.12, down 6.4 percent from yesterday's awful showing. At one point it was... $MTEntryExcerpt$>
It's a tentative agreement that will give union employees in the news division a 3.5 percent wage increase and a... $MTEntryExcerpt$>
With the networks about to launch their mid-season, strike-impaired schedules, Michael Learmonth at Silicon Alley Insider handicaps the winners and... $MTEntryExcerpt$>
The annual United Van Lines tally of who is moving where finds that L.A. had more outbound traffic in 2007... $MTEntryExcerpt$>
Countrywide's shaky December: The mortgage lender said its delinquency rate continued to climb last month - 7.2 percent of unpaid... $MTEntryExcerpt$>
Tuesday, Jan. 8
There's not much information, but THR has a short story reporting that Axium International, which is Hollywood's top payroll services... $MTEntryExcerpt$>
We refer to Countrywide CEO Angelo Mozilo, who over the years has managed to say the darndest things. In early... $MTEntryExcerpt$>
Again. The Dow lost another 238 points, in part because of the concerns about Countrywide (see below), but more broadly,... $MTEntryExcerpt$>
Hillary Clinton will be losing many of her fair weather show biz supporters, who appear ready to join the Barack... $MTEntryExcerpt$>
The stock is getting whacked this morning - at last check down 17.5 percent, to $6.30 (it had been as... $MTEntryExcerpt$>
The L.A.-based defense contractor, which normally sticks to the air and sea, now wants a chance to build as many... $MTEntryExcerpt$>
KB takes big hit: The L.A.-based homebuilder reported a $772.7 million fourth-quarter loss, compared with a $50 million loss a... $MTEntryExcerpt$>
Monday, Jan. 7
After hovering just below $100 a barrel last week, oil futures are coming down, closing today at $95.09. The sell-off... $MTEntryExcerpt$>
The Hollywood Foreign Press Association will forgo the fancy-schmancy awards ceremony and instead hold what sounds like a press conference... $MTEntryExcerpt$>
The online traders were right on the money last week in Iowa, and for tomorrow's New Hampshire primary they've given... $MTEntryExcerpt$>
As in L.A., no one has reliable numbers, but Crain's NY Business estimates that thousands of the area's 78,000 production... $MTEntryExcerpt$>
Don't try telling that to anyone waiting in a cab line during this week's Consumer Electronics Show. But with 30,000... $MTEntryExcerpt$>
More bad housing numbers: December home sales in L.A. County plunged 66 percent from a year earlier and the median... $MTEntryExcerpt$>
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