March 14, 2013
Re "OneWest is said to be exploring a sale," Business, March 9 The current value of OneWest Bank is nearly twice the $1.55 billion investors paid to buy it in 2009. Those great profits, of course, ignore the $13 billion bath the public took when the Federal Deposit Insurance Corp. took over IndyMac in 2009, the bank that became OneWest. Privatized profits, socialized losses. Tell me again about too much bank regulation. Kelley Willis Venice ALSO: Letters: Tell that to Thatcher Letters: The Wal-Mart moviemaker Letters: Doctors, drugs and addicts
March 13, 2013 |
WASHINGTON - Senators questioned two of President Obama's nominees for key financial regulatory positions, and Democrats and Republicans appeared to like both of them. But only one of those candidates is expected to be confirmed. Mary Jo White, a former federal prosecutor, was on track to be confirmed as chairwoman of the Securities and Exchange Commission after Tuesday's hearing by the Senate Banking committee. However, the path for Richard Cordray, the director of the Consumer Financial Protection Bureau who has been renominated by Obama, was still blocked by Republicans who want changes to the agency.
March 11, 2013
Re "Burned by 'the nasty effect,'" Opinion, March 7 There is a simple solution to the stream-of-sewage comments that now accompany electronic versions of The Times and other news blogs. When a person writes a letter to the editor to The Times, the person's name, address and telephone number must be included. There are no such requirements for online comments. Unedited rants from anonymous nutjobs pepper the discussion boards of online articles. As Meghan Daum points out, these nasty comments are fast becoming must-read parts of electronic news and are negatively shaping our opinions of the articles they accompany.
March 8, 2013
Re "16% turnout restarts debate," March 7 The low voter turnout for the city of Los Angeles' primary Tuesday was astonishing and revolting. I am one of the few who showed up at the polls, and I found myself alone in a cavernous room (unless you count my dog). I always vote; if the only contest on the ballot was for hall monitor, I would still vote. But here's one of the problems: For at least two weeks before election day, I was inundated with robo-calls to the point that I simply stopped answering the phone.
March 8, 2013
Re "Ugly numbers for the GOP," Column, March 4 George Skelton writes that the California Republican Party is "too white. " It doesn't make any difference what race Republicans are. The party should be judged on what it does and how it benefits society. The Republicans' challenge is that Democrats have inaccurately defined what the GOP is, and they've been aided by a complicit media. Consequently, a lot of non-Republicans have a misconception of who Republicans really are. Republicans have failed to give others a motivation to find out who Republicans are. Many non-Republicans, happy with the benefits they get from government, have no incentive to reduce the size of government.
March 7, 2013 |
The first round of the mayoral election ended Tuesday much the way it began, with Controller Wendy Greuel and Councilman Eric Garcetti fighting for the lead while facing the complicated task of defining themselves to voters and assembling a majority in an exceptionally diverse city. Both candidates have logical routes forward for the runoff, and both can look to historical precedent for proof they might win. Greuel can take heart from the election of 2001, when Jim Hahn came in second in the first round of the election but rebounded to victory in the runoff after moderates who'd voted for other candidates in the first round picked him over Antonio Villaraigosa.
March 4, 2013 |
PARIS - French military officials said Monday night that it was "probable" that Abou Zeid, one of the leaders of Al Qaeda in North Africa, had been killed. However, the fate of another Islamic extremist leader, Mokhtar Belmokhtar, remained unknown, despite reports that he had been killed by troops from Chad last week. A member of a militant group said on a website that Zeid, an Algerian known as the "Emir of the Sahara," had been killed by "a French airstrike in the Ifoghas mountains" in northern Mali, where French and local soldiers have been trying to drive out militant Islamists since January.
March 3, 2013 |
"It" bags and shoes of the season are a given. But let's talk gotta-have-it sunglasses, spring's must-have extra. More designers are parading a covetable lineup of sunnies down fashion runways. Some of the latest looks include large round and wrap styles, geometric shapes and oversized cat eyes with colored lenses and elaborate decoration. But our true style inspiration is British pop star Rita Ora, who has proved that a pair of charmingly offbeat sunglasses is not only wearable but can be a girl's best accessory.