What Happens When Banks Foreclose on Commercial Properties?

In Downtown Los Angeles, at least eight residential projects and one hotel have fallen into bankruptcy. Some of those projects, along with others in the area, have also faced foreclosure — an equally complex process with just as many possible endings. via Los Angeles Downtown News and Information – LA Downtown News Online > NewsContinue reading “What Happens When Banks Foreclose on Commercial Properties?”

New Music from Doc Hammer of The Venture Bros. – Los Angeles Music – West Coast Sound

In an ongoing effort to keep our fellow music/animation geeks up-to-date on all things Venture, we thought you might like to know that Venture Bros. co-writer/voice of many characters Doc Hammer has some new music on the way. Hammer, formerly of the goth-friendly bands Requiem in White and Mors Syphilitica, currently fronts New York-based outfitContinue reading “New Music from Doc Hammer of The Venture Bros. – Los Angeles Music – West Coast Sound”

Markets brace for reports on China’s economy | Money & Company | Los Angeles Times

China, which roiled global markets early today after signaling another move to tighten bank lending, will be center stage again tonight with a slew of economic data. The question is whether the numbers will be so strong that the government will feel compelled to take additional steps to brake the economy and deflate potential asset bubbles.Continue reading “Markets brace for reports on China’s economy | Money & Company | Los Angeles Times”

German banker sees no defense of industry bonuses | Money & Company | Los Angeles Times

The head of Germany’s second-largest bank said huge financial-industry bonuses have gone “absolutely out of bounds,” and called on other major banks to slash the payments. Commerzbank Chairman Klaus-Peter Mueller told Bloomberg News in an interview that massive bonuses were “almost a kind of betrayal on shareholders. It is simply impossible that you give upContinue reading “German banker sees no defense of industry bonuses | Money & Company | Los Angeles Times”