February 4, 1996 |
It was not only the biggest quake in San Fernando Valley history at the time, but it was the first strong one in the Valley since 1893. In fact, the area where the fault broke had been the locale of only 10 earthquakes of magnitude 3.0 or greater in the previous 37 years. But at 42 seconds after 6 a.m. on a Tuesday morning 25 years ago this week, Feb.
January 9, 1996 |
Operators of the Mall of Orange shopping center have filed suit to block the closure of the Broadway store there and to bar Broadway from continuing a going-out-of-business sale. The lawsuit, filed in Orange County Superior Court, asserts that a 1971 lease agreement binds Broadway's parent, Federated Department Stores, to operate a retail outlet at the mall for 60 years. The lease also prohibits going-out-of-business sales, the suit says.
June 30, 2002 |
Everyone agrees on this much: it was a hellacious night in the 41st Precinct, back in the early '70s, with the phones ringing off the hook. Lt. Lloyd Gittens, a precinct icon, grabbed one of the calls. Within seconds, he abruptly ended the conversation: "I don't have time for that. This is Fort Apache." Gittens hung up, and a legend was launched. The 41st Precinct, tucked away on a garbage-strewn block in the crumbling South Bronx, had a new identity.
October 25, 2000 |
The Kennedy High field will be named for John Haynes, the school's first football coach, Friday night before the Cougars' game against Van Nuys. Haynes was head coach from 1971, the year Kennedy opened, until 1986, when Bob Francola took over. Haynes remained as an assistant through 1989. Francola is still the coach. "John Haynes is my mentor," Francola said. "I bounce a lot of things off him. This was a lucky place to become a head coach for the first time.
June 20, 2010 |
Dear Liz: My mom has BP stock. Currently she is moving toward applying for Medicaid to pay for nursing home expenses, and I was advised to put the stock in my name. Now I am watching her stock (and savings) plummet. It's gone from a $100,000 savings to about $40,000 currently. Do I take it out, or do you think it will come back and I should leave it alone? Answer: You may want to cash out at least some of the stock to hire a good elder law attorney who can advise you about the Medicaid look-back rules.
December 14, 2001 |
Rates on 30-year mortgages rose to slightly above 7% this week, the highest level in five months. The average interest rate on 30-year fixed-rate mortgages advanced to 7.09%, up from 6.84% last week, according to a nationwide survey by Freddie Mac, the mortgage company. A year ago, 30-year mortgages averaged 7.42% Rates on 30-year mortgages fell to 6.45% in early November, the lowest level since Freddie Mac began conducting its survey in 1971. Fifteen-year mortgages rose to 6.