September 14 - September 20, 2008

Tuesday, Sep. 16
I's not a great time to be taking a few days off, but hey, it's not as if I can do anything about the collapse of the financial markets.
If AIG gets done in today or tomorrow, it will be because of the company’s dangerous exposure to the credit defaults swaps market.
The effort to prop up the massive insurance company through help from JP Morgan and Goldman Sachs seems to be dead.
In case you haven't seen this, here's a little levity to break up the tension. P.S. The two guys are...
More than $7 million isn’t chump change for Bruce Karatz – but it’s not exactly breaking his bank either.
The Dow is down by more than 100 points in the early minutes of trading. Asian markets were battered.
Monday, Sep. 15
Clearly, it still hasn't sunk in for many of the investment bank employees. Bottles of alcohol popped up on the trading floor around noon.
As pump prices skyrocket in Chicago, Cleveland and Houston, L.A. showed a 7-cent-a-gallon decline from last week..
Here's a sampler of local stocks (prices may not be final, but you'll get the idea). Amgen -1.1% Cheesecake Factory...
The last hour was a doozy, especially for financial issues. After today's 4.4 percent drop, the Dow is under 11,000....
It's way too soon to talk layoffs and other cost efficiencies in the L.A. area. But make no mistake: They're coming.
The Dow is down about 320 points, which is near its lows for the day. The good news is that investors didn't panic.
Generally well-regarded - even in the final days before the government takeover - CEO Michael Perry is given only mixed reviews.
Lots of mixed signals on what insurance giant AIG intends to do with 21st Century Insurance and International Lease Finance.
The struggling L.A.-based music service is being bought for about $121 million.
That's a $5-a-barrel drop from just last week because of falling demand - as well as early indications that Hurricane...
We'll be updating throughout the morning. 10:49: During a White House press briefing, Treasury Secretary Hank Paulson says "Our banking...
You're looking at a few hundred points on the Dow, which is bad but not a disaster. The big question...
Sunday, Sep. 14
Bank of America will be buying the 94-year-old inventment bank for about $44 billion.
With Lehman Brothers likely to go into bankruptcy, Wall Street is preparing for a very rocky trading day.
NYT provides the first of what will likely be many scene-setters on Wall Street's weekend of fear. You really have...
It'll be the largest failure of an investment bank since the collapse of Drexel Burnham Lambert 18 years ago.
The move is seen as an effort to shore up what many consider the next likely investment bank victim if Lehman were to go under.
Barclays, which had emerged as the leading contender to buy all or part of the investment bank, says it couldn't reach a deal.
OC investors George Argyros and Larry Higby are in preliminary discussions about buying the Register, according to a report.
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