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CALIFORNIA | LOCAL
March 17, 2010 | By Jack Dolan and Evan Halper
Billionaire gubernatorial candidate Meg Whitman has addressed potential conflicts created by her broad holdings in businesses regulated from Sacramento -- distressed mortgages, oil exploration and alternative energy among them -- by suggesting that she would place her entire portfolio in a blind trust if elected. But unloading that political baggage may not be easy. Whitman's vast fortune is spread across scores of carefully guarded funds that function as money harbors for the world's wealthiest individuals, and they can't be liquidated quickly.
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BUSINESS
February 20, 2013 | By Lauren Beale, Los Angeles Times
Word is out that financier Gary Winnick is quietly floating his storied estate in Bel-Air for sale at $225 million. Winnick, who founded and later sold Global Crossing, bought the Bellagio Road mansion in 2000 from Dole Food Co. owner David Murdock. The $94-million deal, which involved the telecom mogul ponying up a parcel of land, stood as the highest-priced home sale in California for years. Although a seller can ask any amount for a property, the 8.4-acre trophy home is for sale at the right price, said a person familiar with Winnick's real estate dealings who wasn't authorized to speak publicly.
BUSINESS
September 19, 1986
Steve Penn has been named project manager for Home Capital Development Group.
BUSINESS
January 23, 1985
Don R. Conlan has been elected president and a director of Capital Group Research Inc., a newly created investment research company within Capital Group Inc., a Los Angeles-based group of investment management companies. He remains Capital Group's chief economist and president and a director of Capital Strategy Research Inc., a subsidiary involved in international economic, government and political research. Conlan is the current chairman of the Conference of Business Economists.
BUSINESS
October 27, 2002 | Elizabeth Douglass, Times Staff Writer
As federal investigators intensify their scrutiny of Global Crossing Ltd. and its chairman, Gary Winnick, one name keeps popping up: Thomas J. Casey, a former chief executive and onetime Winnick intimate who is too ill to speak for himself.
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