March 28, 2013 |
NEW YORK -- Attorneys have asked a federal judge to set aside hedge fund SAC Capital Advisors' record $616-million settlement for investors -- and not to transfer the sum to the U.S. Treasury. Attorneys for plaintiffs in a separate case have asked that the Securities and Exchange Commission set aside the massive sum in a so-called Fair Fund for investors. When the SEC collects civil penalties, the agency generally either sets aside the money to compensate defrauded investors or transfers the money to the U.S. Treasury.
December 13, 1990 |
Leading French fashion house Pierre Balmain, lamenting a shortage of Arab princesses and wives of Texas millionaires, will stop producing haute couture garments. The Paris fashion house said today that the Persian Gulf crisis and the economic downturn made it impossible for it to keep the costly, individually tailored line going. "Haute couture is dying.
August 5, 1990
Regarding the proposal to have Santa Monica City Council members elected by district rather than at large (Times, July 26): One's ethnic background should not be a compelling consideration in choosing a member of the City Council or any elective office. As a former high school civics teacher, I find the idea inimical to intrinsic principles that must govern all our elections. Candidates must be chosen based on their qualifications, irrespective of race, creed or color. I don't think there are any exclusive ethnic issues to be dealt with by the council, only citizen issues.
March 21, 1998
A pop quiz: 1--"Murphy Brown" is shot on (a) videotape (b) film; 2--L.A. Times staff photographers shoot on (a) film (b) videotape; 3--The L.A. Times is (a) a newsletter (b) a newspaper. "Murphy Brown" is, as are the majority of four-camera shows, shot on film, not tape ("Signing Off, Quietly," by Judith Michaelson, March 16). There is a world of difference--in style, in look, in production, in cost. This across-the-board generic use of the word "taping" has come to distort both the intrinsic and the artistic nature of the medium.
June 14, 2013 |
Astronomers have put the known universe in a box on your computer screen - the 120 million light-years of it within our grasp, at least. With a mellifluous French-accented narration, some light piano music and sweeping computer animation, the video could become a stoner classic. It also happens to be the most detailed modern cosmography of all that is visible in the sky - and a great deal of what is not. At nearly 18 minutes long (that's less than one side of Pink Floyd's "The Dark Side of the Moon")
CALIFORNIA | LOCAL
November 27, 1987
It's always shocking to see evil unmasked, as it was in Richard L. Weiss' article ("No-Growth Overreaction Can Sink the Southland," Op-Ed Page, Nov. 18) in which he argued against growth limitations. He wrote, "Unlike gold or some other fungible commodities, land has no intrinsic value." Even after looking up "fungible" in the dictionary I was still disturbed by that sinister and revealing sentence. Weiss has it backward. It is gold that has only the value man arbitrarily assigns.
March 11, 2002
Re "First Test of the Biotech Age: Human Cloning," Commentary, March 6: William Kristol and Jeremy Rifkin articulate the consensus of a very influential and reactionary movement, spanning left and right, that wants to stop human progress and substantial improvement of our species where it counts most: the human genome. I too believe in the intrinsic value of human life, so much so that I want it better for myself, for my neighbors and for those who will follow us in centuries to come.