December 14, 2009
Too Much Money A Novel Dominick Dunne Crown: 288 pp., $26
December 10, 2000
Regarding "Paying the Right Price for Foreign Pocket Money" (Travel Insider, Nov. 26): Writer Andrea Sachs' advice on foreign currency exchange rates presupposes that it is smart to start out a foreign trip with "a pocketful of pesos, pounds or francs." She tries to demonstrate differences in exchange rates with a few purchases of British pounds. Doesn't she know that one can buy British pounds at the airport on arrival in Britain at a much better rate? For U.S. companies to offer foreign currencies, they need to have on hand thousands of dollars' worth of at least a dozen different currencies, money that is not earning interest.
March 8, 2013 |
Everybody loves lists. Most of those you see in the papers or online tend toward the inconsequential (The Six Best "Fast & Furious" Movies). So here's a list with a bit more gravitas: The five biggest lies you're being told about entitlement programs. Never mind that the very word "entitlement" is a lie. Social Security and Medicare got that name because workers became "entitled" to those benefits by paying into the system. In recent years, however, the term has become distorted to signify benefits people are entitled to without earning them.
March 27, 2013 |
It looks like the trustees of the Museum of Contemporary Art have put their money where their mouths are. They have been talking about an ambitious plan to quadruple the roughly $23 million endowment to $100 million, and on Tuesday, they put out an announcement that they had obtained commitments in the last two weeks for enough money to get them to $60 million. That's a great start, and a quick one too. The Times' editorial board recently said we'd like to see MOCA remain independent if that's financially possible.
October 27, 2013
Re "Secretive groups fined a state record $16 million," Oct. 25 There they go again. Secretive political groups cite the U.S. Constitution to defend their shadowy solicitation of massive sums from anonymous, megabucks donors to fund campaign propaganda. The 1st Amendment's guarantee of freedom of expression, like the 2nd Amendment's right to bear arms, should be considered in light of late 18th century life. At the time, no one imagined modern assault weapons. Similarly, the modes of mass communication in the 1700s were town criers and primitive printing presses, and proponents of their messages were easily determined.
July 8, 2013 |
The business world is fond of presenting consumers with Catch-22s. Richard Leza received a real beauty from a debt collector. "They basically told me I had to prove something that doesn't even exist," he said. Here's the crux of the problem: Is it the debt collector's responsibility to prove that money is owed, or the consumer's responsibility to prove that it isn't? State and federal officials are increasingly focusing on such issues as debt collectors turn up the heat after the prolonged economic downturn.
January 1, 2012
One of the most fascinating displays at the Visitor Center of the Western Currency Facility explains the work of the 19 examiners of the bureau's Mutilated Currency Division. They're the people who piece together damaged money for people who want their bucks back. One of them was a farmer from Iowa. "A cow came up and ate the wallet out of his back pocket," said Charlene Williams, the facility's director. "He had plenty of filet mignon and beef from the cow, because he killed the cow, took the stomach, boxed it up and sent it in. " In another case, a dying man from Texas confessed to his wife that he'd been stashing money for their retirement behind the furnace.
September 24, 2010
'Wall Street: Money Never Sleeps' MPAA rating: PG-13 for brief strong language and thematic elements Running time: 2 hours, 7 minutes Playing: In general release
April 9, 2013 |
Are you a recent college graduate with a big pile of loans? Are you at mid-career and finding your paycheck doesn't match your spending? Have you inherited a bunch of money and want to make sure you don't blow it? Have you retired but are worried that your savings won't last? Whatever your situation, a financial tuneup can't hurt. The Los Angeles Times' Business section is looking for people to feature in a series of money makeover stories, which bring a reader together with a professional advisor.
July 11, 2013 |
As if the consequences of the Supreme Court's 2010 Citizens United ruling weren't already clear, four graphs released Wednesday provide a compelling visual to stand beside the piles of mounting evidence. See here: Non-Party Independent Expenditures in House and Senate Elections, 1978-2012 For candidates in both parties, the trend line was ticking up years before the court ruled in Citizens United that the government had no role in limiting the political speech of corporations.