November 16 - November 22, 2008
Saturday, Nov. 22
This is not a great time to walk off your job, but does that mean much to the 80,000 SAG members who barely make any money as actors? $MTEntryExcerpt$>
The new owner is Minneapolis-based US Bancorp, which suddenly becomes a much bigger player in California and Arizona.
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Friday, Nov. 21
Forget plastics, the real action these days is arranging going-out-of-business sales. $MTEntryExcerpt$>
Louis Verdad was one of L.A.'s hottest designers, but he had little idea of how to run a business. $MTEntryExcerpt$>
NY Federal Reserve Bank President Timothy Geithner will be nominated for the post, according to several news reports. $MTEntryExcerpt$>
L.A. County unemployment in October was at its highest level level in more than 12 years. $MTEntryExcerpt$>
Gas prices are way down, DVD sales are sliding, Kaiser gets four-star rating, and no progress in SAG talks. $MTEntryExcerpt$>
Thursday, Nov. 20
WSJ reports that Citigroup executive are looking into the possibility of selling the financial giant or auctioning off pieces.
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The NYU professor has predicted with confounding accuracy that the markets will keep going down. $MTEntryExcerpt$>
Markets went south after it became clear that a possible deal to bail out the automakers was not imminent.
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A Superior Court judge has granted a plaintiffs' motion to certify a class to seek damages against the Pasadena dating service. $MTEntryExcerpt$>
Word of a possible compromise that would bail out Detroit's Big Three has the stock market moving back up. $MTEntryExcerpt$>
The next time you're brave enough to open your brokerage statement, think about Angelo Mozilo, Bruce Karatz and Chad Dreier. $MTEntryExcerpt$>
Oil falls below $50, IATSE cuts three-year deal, slip in MTA and Metrolink ridership, and workers paying more for deductibles. $MTEntryExcerpt$>
The Dow is down more than 150 points in the first 30 minutes of trading. I suppose it could be... $MTEntryExcerpt$>
Wednesday, Nov. 19
Downtown's retail/entertainment complex is set to open a bunch of restaurants throughout December. $MTEntryExcerpt$>
The Mouse House will be releasing five movies in the super-sharp format, starting with "A Christmas Carol." $MTEntryExcerpt$>
Guess Wall Street is signing onto the warnings being delivered by U.S. automakers. $MTEntryExcerpt$>
So says GM CEO Rick Wagoner who told lawmakers today that there would be no choice but to liquidate. $MTEntryExcerpt$>
The Pasadena online dating service has reached a settlement with the New Jersey AG's Office over a discrimination lawsuit. $MTEntryExcerpt$>
Thousands of Toyotas, Nissans and Mercedes are sitting at the Port of Long Beach with no place to go.
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It's bad enough when you profit on other people's misery. But flaunting that success brings you into a whole different league. $MTEntryExcerpt$>
Living is lots cheaper, holiday air travel expected to tumble, MOCA in financial trouble, and auto show opens amid gloomy times. $MTEntryExcerpt$>
Tuesday, Nov. 18
The L.A. billionaire is looking at a Bev Hills location to display works from his charitable foundation and personal collection. $MTEntryExcerpt$>
Exports have been one of the few bright spots for L.A.'s economy, but the October numbers point to a global downturn.
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L.A. County homes sales jumped 52.6 percent in October from a year earlier, but the median price fell 29 percent, to $355,000. $MTEntryExcerpt$>
Car talk on Capitol Hill, Countrywide loans not easy to modify, Steve & Barry's to close, and Rose Bowl may move to cable. $MTEntryExcerpt$>
Monday, Nov. 17
Gas hasn't been cheaper since Nov. 6, 2006. But is that such a good thing? $MTEntryExcerpt$>
Among the potential candidates: News Corp. COO Peter Chernin, former AOL head Jon Miller, and formereBay CEO Meg Whitman, $MTEntryExcerpt$>
The paper's Sunday sports magazine had been scheduled to come out four times in 2009, but then came the worsening ad climate.
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Conservative pundits desperate to shift blame for the mortgage mess away from those "greed is good" types have been sinking... $MTEntryExcerpt$>
Japan slips into recession, Grand Avenue project faces more delays, new look for LAX, and Sam Nazarian gets into hotel biz. $MTEntryExcerpt$>
Sunday, Nov. 16
The former Broadcom CEO and co-founder admitted that he did really bad stuff, felt like a liar and was not fully functioning. $MTEntryExcerpt$>
East West Bancorp, Nara Bancorp and Broadway Financial are all receiving capital infusions from the Treasury Department. $MTEntryExcerpt$>
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