January 15, 2000
To the wife of the Tournament of Roses volunteer who relied on free tickets to fulfill her wish of experiencing the Stanford band [Viewpoint, Jan. 8]: Good choice. You got fair value. If you overpaid, it wasn't by much. I did not attend this year's parade, but I am proud to disclose that I was again in the stands cheering my Badgers. To paint all of us as smelling worse than Limburger cheese is unfair, wrong and simply inhospitable. First of all, Limburger is a gift of the farm.
April 27, 1989 |
The Commerce Department said it has made a preliminary determination that martial arts uniforms from Taiwan are being sold in the United States at less than fair value. As a result of the finding, cash deposits or bonds to offset the price advantage will be imposed on the imported uniforms, which include tops, pants and belts. If the preliminary finding is upheld and the U.S. International Trade Commission determines that the lower-priced imports harm U.S. manufacturers, the Customs Service will be instructed to collect the final anti-dumping duties.
August 6, 2009 |
A controversial change in accounting rules this year has allowed banks to claim billions of dollars in additional earnings simply by tweaking their bookkeeping, greatly enhancing the appearance that the industry is returning to health. A study by an accounting expert found 45 financial firms reported higher first-quarter earnings because of the change. The total benefit exceeded $3 billion. Some large firms, including Prudential Financial Inc. and Bank of New York Mellon Corp.
January 26, 2008
TO Patrick Goldstein: I saw your open letter to Writers Guild West President Patric Verrone ["Do the Right Thing, WGA," Jan. 22], and it gave me a great idea that will save you a lot of time and trouble in the future. The next time your contract with the L.A. Times is up, we will have Gil Cates negotiate your deal. He won't ask you what you're expecting or hoping for or anything, he'll just pick a number that you should work for every day for the next three years or more. And if it turns out that Gil Cates is hopelessly in bed with management and hands you a number far below what you think you deserve . . . well, we don't want to hear a lot of complaining, Patrick.
CALIFORNIA | LOCAL
February 12, 2001
The bill introduced by state Sen. John Burton ("Bill Proposes Power Line Purchase," Feb. 7) is nothing short of expropriation of the utilities' transmission assets to help pay for the energy the consumers of California have used and will continue to use in the future. The senator's statement, "If [utilities] expect to get money from the ratepayers, the ratepayers have to get something from them. I give you a dollar, you give me a hot dog" is good populist rhetoric, but it misses the point.
September 14, 2008 |
So the boarded-up, foreclosed house across the street finally sells at a fire-sale price, saddling the entire block with a new reality: Prices are falling, and so are property values up and down the block. Right? And that means property taxes on that block should be reduced accordingly, right? Er, wrong, according to the assessor's office in Riverside County. For the purposes of property tax assessment, the office does not count all foreclosure resales as true comps. To be clear, I'm not talking about trustee auctions on the courthouse steps; I'm talking about the second foreclosure sale, when the bank lists the house and sells it on the open market.