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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.
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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
September 19, 1986
Steve Penn has been named project manager for Home Capital Development Group.
BUSINESS
February 20, 2013 | By Lauren Beale
Word is out that financier Gary Winnick is quietly floating his estate in Bel-Air for sale at $225 million. Although anyone can ask any amount for a property, the 8.4-acre trophy property is for sale at the right price, said a person familiar with Winnick's real estate dealings. Winnick, the founder and chief executive of the investment firm Pacific Capital Group, had no comment. Winnick, who founded and later sold Global Crossing, bought the Bellagio Road mansion in 2000 from Dole Food Co. owner David Murdock.
WORLD
September 16, 2011 | By Barbara Demick, Los Angeles Times
At a glance, it is clear this is no run-of-the-mill farm: A 6-foot spiked fence hems the meticulously planted vegetables and security guards control a cantilevered gate that glides open only to select cars. "It is for officials only. They produce organic vegetables, peppers, onions, beans, cauliflowers, but they don't sell to the public," said Li Xiuqin, 68, a lifelong Shunyi village resident who lives directly across the street from the farm but has never been inside. "Ordinary people can't go in there.
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