CALIFORNIA | LOCAL
March 30, 1985
I have read with consternation, Wilbur K. Peck's letter (March 16), "Greed Is the Juice That Gets Things Going in the U.S." The author praises greed because "greed is the grease that makes the wheels of progress turn in this civilized world of ours." It is greed, the author continues, that produces housing developments, windmills, research, etc., and without greed these things would not have taken place. What the author is really saying is the following: Private vices are public virtues.
November 27, 2005
Readers clinging to old wives' tales about crude oil pricing mechanisms ("Oil Firms' Profits Highlight Their Greed," Letters, Nov. 6) should stop to consider what drives oil prices when they go down (as they did drastically in 1986 and 1998, for example) or stay flat for extended periods (as in the late 1980s and much of the 1990s). Do the same executives convene and decide to lower their profits for years at a time? Jerry Nichols Manhattan Beach
CALIFORNIA | LOCAL
February 27, 1994
The opinion piece by Alexander Cockburn ("Speculation vs. Democracy in Topanga," Feb. 3) succinctly describes the situation Topangans have faced for 16 years. A grandiose real estate scheme would destroy the headwaters of Topanga Creek and a beautiful valley. This project does not fit any of the 10 goals of the area plan and is opposed by the vast majority of our canyon residents. It is unfathomable to me that such an urban-style development could even be considered for this rural and mountainous terrain.
April 9, 2000
Never was the greed of American business and its CEOs more evident than in "Post-Merger BofA Job Cuts Are 60% Deeper Than Planned" [March 25]. Bank of America, following its merger with NationsBank of Charlotte, N.C., in a $37-billion transaction, said it had to "slash" 12,600 positions nationwide. BofA had previously anticipated it would cut 5,000 to 8,000 jobs. According to a BofA spokesman, the original projection was conservative. Perhaps if the original merger documents filed with the Securities and Exchange Commission had revealed the larger number, it would have vetoed the transaction.
November 29, 1987
Sam Hall Kaplan's comments (Oct. 18) regarding the Mulholland Scenic Parkway and the "shortsighted greed" of the residents are ignorant and insulting. If Mr. Kaplan had bothered to attend any of the meetings he would have heard residents speak emotionally about all the problems as a result of just a few overlooks that exist now. Tons of garbage, graffiti, drugs, noise into early hours of the morning, property destruction, etc. He would have heard people who moved to Mulholland because of a love of scenic beauty, animals and privacy oppose being told how high they can build, how much they can expand, what color they have to paint their homes, and other limitations that deprive people of basic rights of freedom.
CALIFORNIA | LOCAL
November 28, 2001
I awoke on Sunday as I have for many mornings worrying about the state of the world. I remembered when the San Fernando Valley was still a place to go horseback riding, when Thousand Oaks still had thousands of oaks, when the beaches didn't need daily sweeping and when a drive to Palm Springs was a ride through the country. And I haven't hit 50 yet. I thought about the thousands of acres of forest being cut down daily so that we can have nice lawn furniture, cheap beef and plentiful toilet paper.
May 4, 1991 |
Pope John Paul II on Thursday issued an encyclical on social problems in light of Marxism's collapse in Europe. It was praised by the president of the U.S. bishops, Archbishop Daniel E. Pilarczyk, as "a powerful restatement of the church's social doctrine."
September 9, 2000 |
At last: people plopped onto a remote island in a television series likely to appeal evento those fed up to here with Survivormania. No torches. No melodramatic councils. No smarmy host. No Richard Hatch. Best of all, no shadowy conspiracies or visible greed. Instead of a million bucks, the potential payoff for these 28 adults and eight children--who began this adventure on New Year's Eve, 1999--is a million memories.
April 11, 2010 |
Circle of Greed The Spectacular Rise and Fall of America's Most Feared and Loathed Lawyer Patrick Dillon and Carl M. Cannon Broadway Books: 516 pp., $28 There was a time, not so long ago, when even the most cold-blooded CEOs could be stopped in their tracks by six little words: "Bill Lerach is on the phone." William S. Lerach was the West Coast partner for the New York law firm Milberg Weiss, which made an art of suing corporations on behalf of stockholders who believed -- often at Milberg Weiss' urging -- that they had lost money because of executives' lies about the rosy condition of their businesses.
April 8, 1990
Mark Leviton, whose March 25 letter responds to Dvonch, questions whether Calendar is the best forum for debating the merits of capitalism, then he proceeds to use it for promulgating a theory now being rejected all over the globe--Marxism. His notion of "surplus value" is based on Marx's discredited theory that the value of finished goods lies only in what labor adds to the value of the raw materials and that the capitalist's profit represents "exploitation" of labor. What this theory ignores is the one thing that makes capitalism work--the brilliance of the entrepreneur's mind in choosing how and where to invest.