August 31 - September 6, 2008
Friday, Sep. 5
Federal regulators have issued a cease-and-desist order that requires the Newport Beach-based thrift to raise capital.
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The actor has agreed to pay $660,000 to settle IRS claims that he improperly deducted personal expenses. $MTEntryExcerpt$>
Prototypes of the Chicago Tribune redesign, which will be introduced in a few weeks, are making the rounds. $MTEntryExcerpt$>
Stocks are off: The lousy jobs report wasn't exactly a surprise, but that doesn't make it any easier to digest.... $MTEntryExcerpt$>
The U.S. jobless rate last month increased to 6.1 percent, its highest level in five years. $MTEntryExcerpt$>
Thursday, Sep. 4
The Dow winds up down 344 points - and for reasons that aren't entirely clear. $MTEntryExcerpt$>
For John McCain, it's kind of a problem because he is notoriously challenged on economic matters. But wait, there's Sarah! $MTEntryExcerpt$>
Of course, all it takes is a new revelation about moose meat or something and the odds might change in a hurry. $MTEntryExcerpt$>
Besides being in charge of the VP search team, Arthur Culvahouse has his hands full as chairman of O’Melveny & Myers.
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Stocks way down, lukewarm August retail sales, Mervyn's sues ex-owners, and Air Force might keep C-17 going. $MTEntryExcerpt$>
Wednesday, Sep. 3
Bobby Kotick of Santa Monica-based Activision makes his debut on Vanity Fair's annual ranking of the top 100 movers and shakers. $MTEntryExcerpt$>
Little price relief for consumers, Palin the businesswoman, Abu Dhabi in Hollywood, and LAPD scuffles with producers. $MTEntryExcerpt$>
Tuesday, Sep. 2
Between 1990 and 2007, L.A. County had a net gain of 1.4 million new residents, but added only 194,554 housing units. $MTEntryExcerpt$>
Here's more evidence that much of the home sales activity these days is happening under stress. $MTEntryExcerpt$>
An excerpt of an upcoming book on the media magnate points to his malleable view of the conservative agenda – and of Fox News. $MTEntryExcerpt$>
Intrade has the chances of Sarah Palin stepping aside as the VP nominee at 12.5 percent. $MTEntryExcerpt$>
Hurricane fizzle brings down oil, summer movie attendance drops, Spielberg nears deal, and MGA squabbles with insurers. $MTEntryExcerpt$>
Monday, Sep. 1
Oil prices are plunging this morning as the hurricane that everyone had been bracing for is proving to be less... $MTEntryExcerpt$>
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