November 21, 2013 |
For more than 40 years, Barrett-Jackson Auction Co. has been one of largest collector-car auction houses in the world. Hundreds of the most sought-after, high-dollar automobiles cross their block in Scottsdale, Ariz.; Palm Beach, Fla.; Reno-Tahoe, Nev. and Las Vegas each year. But Craig Jackson, company chief executive, says the upcoming show in Scottsdale could be their biggest show ever. About 1,400 cars are set to be sold, including a red 1954 Plymouth Belmont one-off concept car, a maroon 1929 Duesenberg SJ Lebaron “Sweep Panel” Dual Cowl Phaeton, and a cherry 1967 Chevrolet Corvette L88. LIVE: The latest photos, facts from LA Auto Show The auction, set for Jan. 12-19, will air live on national TV for nearly 40 hours on Fox Sports 1 and 2, Fox Business and the National Geographic Channel.
November 5, 2013 |
WASHINGTON - The federal government's consumer financial watchdog plans to crack down on the nation's 4,500 debt collectors with new regulations to ensure that collectors are going after the right people for the right amounts and aren't badgering the debtors. The Consumer Financial Protection Bureau said Tuesday that it was seeking public comment on new rules because the 1977 law regulating debt collection practices hasn't kept up with advances in technology. As millions of Americans have fallen behind on their bills because of the Great Recession, debt collectors have employed text messages and social media to bombard debtors.
CALIFORNIA | LOCAL
October 11, 2013 |
A Los Angeles Superior Court judge cut off a man convicted for his role in the 2007 shooting death of an infant near MacArthur Park as he briefly claimed his innocence at a sentencing hearing Thursday. Juvenal Cardenas Mejia -- a longtime gang "tax collector" who helped set up the shooting after a vendor refused to pay $50 in "rent" for operating in a gang's territory -- was sentenced to life in prison without the possibility of parole. A bullet fired in the attack struck 3-week-old Luis Angel Garcia in the heart.
CALIFORNIA | LOCAL
October 10, 2013 |
A gang "tax collector" who helped set up 2007 shooting in a bustling Los Angeles shopping district that claimed the life of a 3-week-old boy was sentenced Thursday to life in prison without the possibility of parole. Juvenal Cardenas Mejia, 40, was the last of seven defendants convicted in the shooting near MacArthur Park. "It's been a long time," Deputy Dist. Atty. Victor Avila said this week. "Now, finally the last defendant that participated in this murder is being held accountable.
September 27, 2013 |
It seemed like a serious phone call. Coco said her husband was informed that he owed the state more than $800 and that he risked time in jail if he didn't pony up some cash. Finally giving in to the hard sell, Coco's husband agreed to pay $300 to buy himself some breathing room. It wasn't until after he hung up that he and his wife wondered, "Was that a legitimate call?" It's a common scam: A caller who sounds official makes a strong case for money being owed and severe consequences if you don't offer at least a little something.
September 22, 2013 |
Denver Broncos linebacker Von Miller tried to cheat the NFL's drug-testing program with the help of the person assigned to collect his urine sample, according to an ESPN report. Miller, who was second in the league with 18 1/2 sacks last season, had been suspended for the first six games -- inexplicably, two more games than the typical NFL penalty for that transgression. According to the report, Miller's representatives and the players union were prepared to fight his initial four-game suspension but backed off when they became aware Miller and the collector worked together to help the player avoid a failed choice.
September 14, 2013 |
Here's Eli and Edythe Broad's advice to budding, young art collectors: take your time, do the research, don't rush to buy. “You got to invest time, it's not just about money,” Eli Broad said this week at a talk for the Los Angeles Public Library's ALOUD series . “It's about meeting new artists -- at MFA shows, at universities -- and it's about getting all the publications and going to museums.” “Spend time looking, go to galleries,...
September 4, 2013 |
When Charles A. Loeser died in 1928, he was 64, nearly a decade older than the average American was expected to live. He had led a comfortable life of privilege, spent abroad in Italy. Loeser was prepared for the inevitable. Two years earlier, he wrote a detailed will. In it he lavished special care on the dispersal of his art collection, assembled over four decades. He died secure in the knowledge that his legacy was protected. But Loeser turned out to be wrong. His legacy was not secure.
August 29, 2013 |
Murray Gershenz, the record collector turned character actor, has died. The 91-year-old died of a heart attack Wednesday, a source close to Gershenz confirmed . Better known as “Music Man Murray,” Gershenz spent nearly three-quarters of a century collecting the more than 300,000 records that filled the dusty wooden shelves of his two-story West Adams record shop. From opera classics to big band, country western, jazz, R&B and rock and original Edison cylinder recordings, Gershenz always lived up to his business credo, “You name it, we find it.” The massive collection, and Gershenz's years-long plight to sell it, was the subject of a documentary film, “Music Man Murray,” which premiered last year.
August 10, 2013 |
Blasting toward the notorious Corkscrew at the Laguna Seca raceway in his Shelby Cobra, Lynn Park took a stab at the brakes -- and came up short. The front-brake failure left him hurtling through one of the nation's most daunting stretches of asphalt -- a one-two punch of tight turns, compounded by a steep drop-off -- with little to slow the 400-horsepower two-seat convertible. Park yanked the wheel. Momentum took over. "And there I was, going backwards down the Corkscrew," Park recalled.