July 20 - July 26, 2008
Saturday, Jul. 26
Before regulators moved in, the Pasadena mortgage lender tried to attract the interest of private-equity firms. $MTEntryExcerpt$>
Friday, Jul. 25
You would think that the real estate business would be done with questionable resales and mortgages. Think again. $MTEntryExcerpt$>
A juror in the case involving Mattel and MGA Entertainment has been dismissed for making an inappropriate ethnic comment.
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Forecasters are talking about another 25-cents-per-gallon drop in gas by Labor Day. Just don't bet the house on it. $MTEntryExcerpt$>
Already there are expectations of a delay in the pollution control programs enacted by the ports of L.A. and Long Beach. $MTEntryExcerpt$>
Sam Zell is an exceptionally tempting target, but it would help if folks take off their blinders. $MTEntryExcerpt$>
Another big drop in gas prices, Californians glum about economy, tougher rules for ships, and Countrywide's sinking value. $MTEntryExcerpt$>
Thursday, Jul. 24
The parent of the Union-Tribune has hired investment banker EverCore Partners to start beating the bushes. $MTEntryExcerpt$>
Both the CEO and chairman have stepped down as the struggling savings and loan reports a second-quarter loss of $218.9 million. $MTEntryExcerpt$>
Grand jury investigates lenders, L.A. sues financial firms, penalty phase of Bratz trial gets started, and cities go after Comic-Con. $MTEntryExcerpt$>
Wednesday, Jul. 23
What role did this little-known private oil-marketing company play in the rise - and recent fall - of oil prices?
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Concern at Costco, more airline cuts, no more jalapenos at supermarkets, and the rich get richer (again). $MTEntryExcerpt$>
Tuesday, Jul. 22
The Tribune CEO was asked "what went wrong" in his valuation of the company last year. $MTEntryExcerpt$>
The more Apple refuses to talk about it, the greater the speculation - and concern - among investors. $MTEntryExcerpt$>
But investors are betting that the bank is dumping out all its dirty linen at one time, a painful but necessary cleansing.
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It’s just more of the mess that comes with a collapsing real estate market - and California is front and center.
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Big losses at Wachovia, oil prices dropping again, Qatar buys C-17s, and Candy Spelling's $47-million pad. $MTEntryExcerpt$>
Monday, Jul. 21
Property tax delinquencies are likely to be up in the coming year, which means a likely shortfall in property tax revenues.
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L.A.-area gas prices have fallen for five consecutive weeks, perhaps just enough to notice the next time you fill up. $MTEntryExcerpt$>
Look for a bunch of new Web pages on specialized subjects such as the economy, energy and small business. $MTEntryExcerpt$>
B of A's good news/bad news, SF home prices fall, searching for an IndyMac buyer, and L.A. gets venture boost. $MTEntryExcerpt$>
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