They seek to punish ex-CEO Bruce Karatz, but also to improve the record of a massive stock-options crackdown that so far has yielded few convictions.
Two months after the federal government's criminal cases against Broadcom Corp.'s top executives collapsed, the U.S. attorney's office is taking aim at another stock-options backdating target: former KB Home chief Bruce Karatz.
Publ.Date : Mon, 8 Mar 2010 00:00:00 -0800
The 24 buildings being offered, including two in L.A., are drawing global investors. The sale is also being criticized for the loss of long-term capital assets in favor of short-term gains.
Efforts to sell 24 state office buildings have drawn lots of interest from potential buyers -- as well as the ire of some former public officials who labored to get them built years ago in the belief that public ownership of the buildings would bring long-term financial benefits to taxpayers.
Publ.Date : Mon, 8 Mar 2010 00:00:00 -0800
Newly built in Cheviot Hills
Publ.Date : Sun, 7 Mar 2010 00:00:00 -0800
Sampras lists Lake Sherwood home for $25 million.
Tennis great Pete Sampras and his wife, actress Bridgette Wilson-Sampras, have listed their newly built compound in Lake Sherwood for $25 million.
Publ.Date : Sat, 6 Mar 2010 00:00:00 -0800
Depressed apartment market attracts adventurous investors
It's a cold winter for apartment investors in Los Angeles County: Rents are down, prices have fallen and vacancies are way up.
Publ.Date : Sun, 7 Mar 2010 00:00:00 -0800
The rate, which has hovered around that mark since September, fell to 4.97% this week from 5.05% last week.
The typical rate offered by lenders on 30-year mortgages slipped back below 5% this week, Freddie Mac said Thursday.
Publ.Date : Fri, 5 Mar 2010 00:00:00 -0800
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