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NATIONAL
January 27, 2013 | By Matt Pearce
Casey Anthony is broke. The Orlando, Fla., woman -- acquitted  of killing her 2-year-old daughter in a trial that riveted the nation -- has $1,084 in assets and at least $792,119 in debt, according to bankruptcy documents filed in a Florida federal court and obtained by local media . The bankruptcy documents were filed Friday, the same day an appellate court threw out two of Anthony's four misdemeanor convictions. The remains of Anthony's daughter, Caylee, were found inside a trash bag near the family home in December 2008.
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NEWS
December 14, 2012 | By Melanie Mason
WASHINGTON -- Fix the Debt, a coalition of business executives and policymakers advocating for sweeping deficit reduction, will release its first television ad Sunday, marking a new phase in the group's efforts to influence the fiscal debate. Formed five months ago as an offshoot of the Center for Responsible Budget Priorities, the nonprofit group has assembled a roster of influential politicians - including Los Angeles Mayor Antonio Villaraigosa and New York City Mayor Michael Bloomberg--and major business leaders.
CALIFORNIA | LOCAL
February 19, 2013 | By Jean Merl
Former Democratic presidential nominee Michael Dukakis and his wife, Kitty, are helping with a "debt retirement" fundraiser for Rep. Brad Sherman (D-Sherman Oaks), who last fall won one of the most contentious -- and most expensive -- House races in the nation. Dukakis, a onetime Massachusetts governor who also helped Sherman raise money during the campaign, and his wife will be guests at a reception Thursday at a home in Studio City. Sherman defeated longtime Rep. Howard Berman (D-Valley Village)
ENTERTAINMENT
May 31, 2012 | By Ben Fritz
Independent studio Relativity Media has received a much-needed infusion of cash thanks to its new billionaire patron, Ron Burkle. The supermarket magnate, who acquired a large minority share in the movie company behind"Immortals"and"Mirror Mirror"in January, anchored a new $350-million debt-financing round that Relativity has finalized. The money will allow Relativity and its chief executive, Ryan Kavanaugh, to get back into producing movies and start building out the company's 2013 slate.
CALIFORNIA | LOCAL
August 7, 2010 | By Scott Gold and Kim Christensen, Los Angeles Times
The small and cash-strapped city of Bell is on the hook for a $35-million bond debt that voters didn't approve — and that the city can't afford to pay off, The Times has learned. The debt, which Bell took on three years ago to buy land near the 710 Freeway, is more than twice the size of Bell's annual operating budget. Come November, the city could lose the land to foreclosure. The city's hope to profit from the purchase fell apart in 2008 after city officials failed to conduct basic environmental reviews.
CALIFORNIA | LOCAL
February 13, 2014 | Robin Abcarian
If you are a woman, Gloria Steinem is like an indispensable computer program, always running in the background of your life. You don't always remember that she's there, but without her, your life would be constrained in ways you can hardly imagine. Run for office? Lead a company? Become an engineer? Go to space? Work free of sexual harassment or live on equal legal footing with your husband? Control your own reproductive fate? So many of the rights that women enjoy -- even the most conservative women -- exist because of relentless feminists like Steinem, who, at 79, shows no signs of slowing down.
BUSINESS
February 4, 2010 | By Ronald D. White
Moody's Investors Service has downgraded $1.7 billion in bonds for the Alameda Corridor Transportation Authority, which oversees the 20-mile rail route built to speed the flow of cargo from the ports of Los Angeles and Long Beach to retail shelves across the U.S. Moody's on Wednesday lowered ratings on the senior lien bonds to A3 from A2 and subordinate lien bonds to Baa1 from A3. It also put the ratings on a watch list for possible further downgrades....
WORLD
June 27, 2012 | By Aaron Wiener, Los Angeles Times
BERLIN - As European leaders gather in Brussels on Thursday for a two-day summit aimed at resolving the Eurozone's debt crisis, German Chancellor Angela Merkel's response to the most aggressive proposal pushed by her neighbors is, in essence: Over my dead body. With borrowing costs for Spain and Italy approaching unsustainable levels, European Union leaders have stepped up their pressure on Germany to accept solutions it has long resisted. But Merkel, whose country has Europe's largest economy and probably will foot the highest share of the bill for rescuing its struggling neighbors, has dug in her heels.
CALIFORNIA | LOCAL
October 25, 2000
As a supporter of debt relief for the world's poorest countries (Oct. 19), I am happy to learn that Congress may increase the U.S. debt-relief commitment to $435 million. A victory for the pro-debt-relief coalition? Yes. But generous? No. It's less than one-fourth the cost of one B-2 Stealth bomber. PAT REIF Claremont
CALIFORNIA | LOCAL
July 24, 1986
Could someone explain the value of jump-starting an economic recovery, already sustained for 3 1/2 years by debt, with lower interest rates and yet, more debt? Whenever companies or individuals try this method, as I did some 16 years ago, the result is disaster and for many, like me, bankruptcy. Debt upon debt is not recovery, but, a growing bubble of bills and when it explodes it will drop IOUs on my kids and grandchildren. Of course the reply envelope will be addressed to Washington, D.C. PAUL RICHARD San Francisco
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