June 27, 2009 |
Irvine financier Danny Pang, accused by the government of operating a Ponzi scheme, received at least $83 million in inflated fees, salary and loans from his investment firm before it was seized by federal regulators in April, according to unsealed court documents. Robert P. Mosier, a court-appointed receiver overseeing Pang's former company, Private Equity Management Group Inc., made the assertion in a report filed June 19.
September 16, 2005 |
Travel agents, aircraft owners and other carriers are among those that may lose money in the latest airline bankruptcies. Plane maker Boeing Co., regional airline Pinnacle Airlines Corp. and online travel agencies Travelocity and Orbitz are all on the hook after Delta Air Lines Inc. and Northwest Airlines Corp. filed for bankruptcy protection Wednesday.
September 28, 1997 |
QUESTION: Do you know a source from which I might order the older, nonhybridized fragrant white freesia? --S.F., Santa Monica ANSWER: A lot of people remember freesias smelling stronger than they do today, but I suspect it's much the same as remembering our first date as being prettier or more handsome than the date actually was.
CALIFORNIA | LOCAL
March 16, 1991 |
An unusual boot-camp-style jail program that has helped a majority of graduates find jobs after their release is threatened by budget cuts planned by the Los Angeles County Sheriff's Department. Directors of the 6-month-old program said they hope the County Board of Supervisors will provide the approximately $3.5 million needed to save it from the budget ax when special temporary funding runs out in September.