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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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July 14, 2004 | Walter F. Roche Jr. and Ken Silverstein, Times Staff Writers
In the months and years leading up to the U.S.-led invasion of Iraq, they marched together in the vanguard of those who advocated war. As lobbyists, public relations counselors and confidential advisors to senior federal officials, they warned against Iraqi weapons of mass destruction, praised exiled leader Ahmad Chalabi, and argued that toppling Saddam Hussein was a matter of national security and moral duty.
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
December 12, 2009 | By E. Scott Reckard
The chief executive of FirstFed Financial Corp. is resigning after 13 years at the helm of the Los Angeles savings and loan, whose fortunes rose and fell with the boom and bust in pay-option mortgages. Babette E. Heimbuch, 61, stepped down as chairwoman of FirstFed and its subsidiary, First Federal Bank of California, on Wednesday, the company said Friday. She is to retire as CEO and as a director of the thrift and its holding company Dec. 31. Brian Argrett, an independent FirstFed director and head of private equity firm Fulcrum Capital Group, was named the new chairman.
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.
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