October 5 - October 11, 2008
Friday, Oct. 10
More than two months ago, he warned about how the other side would respond - too risky, funny name, not patriotic enough. $MTEntryExcerpt$>
The AP leads this way: Wall Street seesawed Friday, with the Dow Jones industrials dropping nearly 700 points in the... $MTEntryExcerpt$>
Three-pound pasta dishes? Restaurant chains push food that’s cheap and plentiful. $MTEntryExcerpt$>
The former Fed chairman says that the means are now available to turn the economic tide. $MTEntryExcerpt$>
If you want to know why the credit crisis is such a big deal, visit the offices of a NY broker-dealer that can't get banks to loan money.
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The offering price of a monster home in Agoura that was used in the ABC series "The Bachelor" has been sliced by 33 percent. $MTEntryExcerpt$>
Today's action apparently is being impacted by today's auction involving credit default swaps. $MTEntryExcerpt$>
It's about the only place where you'll find some good news. $MTEntryExcerpt$>
Should a plunge of more than 700 points, followed by the recovery of all those losses - in the space... $MTEntryExcerpt$>
Thursday, Oct. 9
I just checked out a couple of dozen local stocks to see just how bad the damage has been since the first of the year. In a word, BAD. $MTEntryExcerpt$>
Everybody says they're for transparency, but they're really not. It was the lack of transparency that helped get us into this fine mess. $MTEntryExcerpt$>
Gov. Arnold Schwarzenegger says that recent actions by the feds "appear to be improving liquidity" in the state. $MTEntryExcerpt$>
Another 600+ points on the Dow? There's no rational explanation for what we're seeing, other than hysteria. $MTEntryExcerpt$>
What's amazing about these sentiments is how different they are from early September. $MTEntryExcerpt$>
Stocks still flounder, California still looking for help, more CEOs taking a hike, and Tribune, MediaNews look at Union-Tribune. $MTEntryExcerpt$>
Wednesday, Oct. 8
Here's how the Tribune CEO put it: "I think that anything is possibly true, and until something happens nothing is true."
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I've been struggling to figure out how McCain's rescue plan for indebted borrowers would differ from the package that Congress passed. $MTEntryExcerpt$>
After see-sawing throughout the session, losses really piled up in the closing minutes of trading. $MTEntryExcerpt$>
A parody in Saturday's show that took aim at former Golden West executives Herb and Marion Sandler has been cleansed and reposted. $MTEntryExcerpt$>
Stocks keep slip-sliding, many L.A. homeowners are drowning in debt, weak September retail sales, and Hollywood gets back to work. $MTEntryExcerpt$>
Incredibly, stocks opened sharply lower in the opening minutes of trading, despite a big cut in interest rates.
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Tuesday, Oct. 7
"This American Life" has another terrific radio hour on all the stuff you're reading about but still might not understand. $MTEntryExcerpt$>
Maybe one day you can tell your grandchildren about the days when it stood at 14,000. $MTEntryExcerpt$>
There's a lot of Web chatter about why a "Saturday Night Live" skit has been removed from NBC.com, Hulu and YouTube. $MTEntryExcerpt$>
Markets mixed despite new Fed effort, watching out for speculators, L.A. gas prices fall again, and trouble at House of Blues. $MTEntryExcerpt$>
Monday, Oct. 6
The Dow finishes the day down about 369 points, more than 400 points better than where the index stood a couple of hours ago. $MTEntryExcerpt$>
The suspect in a murder-suicide in Porter Ranch over the weekend was apparently having financial problems. $MTEntryExcerpt$>
What's breathtaking about today's collapse is how little talk there's been about a turnaround. $MTEntryExcerpt$>
Just no buyers out there.... $MTEntryExcerpt$>
Stocks plummet, B of A cuts deal involving Countrywide mortgages, feds seek compromise on Wachovia, and SAG and AFTRA cooperate. $MTEntryExcerpt$>
The Dow is already down 261 points in the first few minutes of trading. That is on top of the... $MTEntryExcerpt$>
Sunday, Oct. 5
Paramount and DreamWorks announced a separation agreement this afternoon that pretty much wraps up their nasty relationship. $MTEntryExcerpt$>
A reader notes that Sunday's LAT Calendar section had only three staff-written pieces. Everything else looks like it was farmed... $MTEntryExcerpt$>
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