Showing posts with label pasadena. Show all posts
Showing posts with label pasadena. Show all posts

Jun 16, 2010

Bakewell to buy the Watts Times

Real estate developer, activist and LA Sentinel publisher Danny Bakewell is in final negotiations to buy the LA Watts Times from publisher Melanie Polk. Here's Bakewell quoted in the Sentinel:
"I am proud and honored that Melanie chose me and my family to continue the great legacy of the Watts Times, its founders and her parents. We thank and applaud her for the great work she has done in making this newspaper one of Black L.A.'s finest."
The Sentinel bills itself as the largest and most influential African-American newspaper in the Western United States.The LA Watts Times calls itself the most widely distributed African-American newspaper in Los Angeles.

(via fishbowlLA)

Mar 22, 2010

KPCC into expansion

The Pasadena-based pubic radio station KPPC has moved into a new building, plans a new morning show, and has expanded its newsroom. From the LA Times:
At a time when many public broadcasters are financially strapped -- reliant on shrinking government funds, meager college support, and subscription drives dreaded by listeners -- KPCC has thrived by tapping a board willing to write big checks and hit up their rich friends for contributions. Taking the lead are Gordon Crawford, managing director of the Capital Group, the Los Angeles investment fund manager, and Jarl Mohn, who built E! Entertainment Television.

-snip-

In the last 10 years, KPCC has won more than 230 regional and national journalism awards, and grown from a weekly audience of about 200,000 to nearly 600,000, second in size only to WNYC-FM in New York among news and information public radio stations and consistently ahead of KCRW-FM locally. (Classical music programmer KUSC-FM is the top rated public radio station in Southern California.)

SCPR has about 30 reporters, with bureaus in L.A., Orange County, the Inland Empire and Washington. (Times columnists Patt Morrison and David Lazarus and other staff members are frequent contributors to KPCC programming. Times reporters and editors appeared on KPCC programs about 150 times in 2009.)

Jan 29, 2010

Dumb bills

Assemblyman Anthony Portantino, D-La CaƱada-Flintridge and a Republican from Santa Clarita have authored a bill to designated the first week of March "Cuss Free Week."

The legislation comes three years after McKay Hatch of South Pasadena launched his No Cussing Club. Apparently, Hatch and his legislative allies think cussing is a gateway to greater sins. From the Sacramento Bee:
"McKay reasoned that if pupils could say no to cussing it would be easier to stay away from drugs, violence and pornography, and to turn their focus to positive aspirations and goals," the Assembly proposal reads.

Aug 30, 2009

Station Fire heads toward Acton

The Station Fire, which grew to about 35,000 acres overnight, continues to spread toward Acton where evacuations have been ordered. On its other end, the fire threatens the Mt. Wilson Observatory above Pasadena.

At left, a great photo from Wally Skalij of the LA Times. More photos here.

Apr 17, 2009

Police privacy trumps public interest

Over the objections of the Pasadena city attorney and Pasadena police chief, Superior Court Judge David Yaffe ruled Thursday that the names of the two Pasadena police officers who shot and killed a man must be kept confidential. The police officers' union filed the lawsuit to prevent the names from being disclosed.

From the Times:
Richard Shinee, an attorney for the union, said that the officers' privacy rights should take priority.

"The safety of the officers always outweighs the need of the public," he said, adding that the public's interest in such matters was "idle curiosity, as far as I'm concerned."
The Los Angeles Times, the California Newspaper Publishers Association and the city of Pasadena argued that the names should be made public.
"That anyone in a position of authority can kill someone and have their identity kept secret is fundamentally inconsistent with our notion of democratic government," attorney Kelli Sager said after the hearing.
Pasadena Star-News

Jan 4, 2009

Bill Richardson steps aside

New Mexico Gov. and Pasadena native Bill Richardson has withdrawn his name from consideration to become Commerce secretary, citing an ongoing investigation into alleged "pay to play" funny business in the awarding state contracts.

Dec 26, 2008

A buyer for IndyMac

Tis the season for fire sales, and Dune Capital Management has seized the moment to buy up the failed lender IndyMac Bancorp for an undisclosed amount. Dune Capital is run by a couple former Goldman Sachs partners, who might dip into TARP funds to seal the deal.

News of the sale comes from Mortgage Lender Implode-O-Meter via LA Biz Observed.

The Implode-O-Meter also links to this fun fact from Michael Hodges at Grandfather Economic Report:
America has become more a debt ' junkie'than ever before with total debt of $53 Trillion- and the highest debt ratio in history. That's $175,154 per man, woman and child - or $700,616 per family of 4, $33,781 more debt per family than last year.

Dec 12, 2008

No more free tickets

The California Fair Political Practices Commission has voted to restrict the number of tickets city officials can receive for events at city-owned venues. Although the rules change came in response to complaints in Anaheim, it will affect the city of Pasadena, where the mayor and city council members receive bundles of tickets to the annual Rose Bowl Game and Rose Parade. In the past, the tickets were treated as having no value. Now they will have to be reported at face value and officials will be limited to $420 worth of tickets a year.

Nov 29, 2008

The virtue of cheap*

Maureen Dowd of the New York Times profiles reluctant visionary James Macpherson, who has changed the course of journalism by hiring Indian workers for cheap to transcribe Pasadena City Council meetings and rewrite city press releases for his online publication, Pasadena Now:
It’s not easy being a visionary, he said: “I have essentially been five years ahead of the world for a long time, and that’s a horrible address at which to live because people look at you, you know, like you’re nuts.”
*UPDATED: (Via LA Observed) Macpherson blogs about his system of using nonprofessional sources to gather video and audio so that it can be used by reporters in India to write a story under the direction of a trained editor. The whole thing reads like a long rationalization: If one experienced editor oversees an operation, it doesn't matter how untrained or distant the newsgatherers might be. Indeed, if you set the standards low enough, most anything is possible.

Nov 22, 2008

Caltech vs. MIT

For some reason Time magazine has put together a list of greatest college pranks perpetrated by geeky rivals MIT and Caltech.

Nov 20, 2008

Obama and the BCS*

Since Southern California is home to the Rose Bowl, the Coliseum, UCLA and USC, I figured President-elect Barack Obama's comments on 60 Minutes about reforming the Bowl Championship Series might reverberate on the local sports pages. Well, sort of.

Chris Dufresne of the Los Angeles Times had this to say in his column in Thursday's paper:
Take out a quill -- the kind Thomas Jefferson used to pen the Declaration of Independence -- and declare this:

President-elect Barack Obama will solve the Middle East crisis before he solves the Bowl Championship Series.

He'll get the polar ice caps to stop melting before he gets "sensible" people to come to a college football consensus.
Sure nothing is likely to happen, but that shouldn't stop us from speculating.

After some prompting, Larry Wilson, public editor of the Pasadena Star-News and my former boss, gave his thoughts on whether talk of BCS reform should be cause for panic (displayed in the most civil manner possible) in the Crown City. Here's what he had to say:
gary, indeed such an obamaorama of a solution to the mighty woes of the ncaa gridironers would mean an end to the messy but lucrative bcs. but wouldn't it then create a neat and also very lucrative series of playoff games which historic and large stadiums such as the [Rose Bowl] would bid for -- and wouldn't the bowl be the likely place for western regional games? and then every five years it would still likely host the final national championship as well. so i say this is obama's way of repaying his pasadena debt. lw
While the BCS already rotates the "championship" game in this way, the Rose Bowl would have to give up the Pac-10/Big Ten match-up under the playoff scheme. Would a regional playoff game attract the same level of excitement as a traditional rivalry? Is the Tournament of Roses ready to embrace a more egalitarian system? Wouldn't the Coliseum make a play for the playoff action?

I'll be waiting for the Pasadena paper to provide some answers.

*UPDATED: My former editor, Bob Rector, whose columns appear in the Star-News, weighed in on the Obama plan. The chances college football drops the bowl system for a playoff series: A big zero. Bob elaborates:
For one thing, the Pac 10 and Big 10 don't want to further diminish the Rose Bowl game, which would undoubtedly happen in a playoff scenario.

Second, there's too much money to be made under the current arrangement. Dump the bowl games and you're dumping the cash.
Bob did some consulting work for the Rose Bowl and has a severe addiction to UCLA home games. His column on the Obama plan, the BCS and ESPN dominance of college football is scheduled to run in Friday's paper.

Nov 17, 2008

Breaking the bowl

What must the White Suiters be thinking this morning?

In an interview broadcast last night on 60 Minutes, President-elect Barack Obama embraced what must be heresy from the standpoint of the Tournament of Roses. After punting on questions about his courtship of Hillary Clinton for his cabinet, a resolute Obama told Steve Kroft he wanted college football to institute a straight playoff system to determine the national champion and would "throw my weight around a little bit" to get it. He suggests the top eight teams battle it out at the end of the season:
That would be three rounds to determine a national champion. It would add three extra weeks to the season. You could trim back on the regular season. I don't know any serious fan of college football who has disagreed with me on this.
This would mean an end to the messy but lucrative Bowl Championship Series at a time when the Rose Bowl needs to invest in major renovations. Even more, it could further diminish the grandeur of the Rose Bowl Game - the Grandaddy of Them All.

Already the BCS "championship" game rotates between the top bowls, relegating the Rose Bowl to a less than elite status of being one of five. Of course, the BCS system took some of the shine off the Rose Bowl when it ended the annual tradition of settling the rivalry between Pac-10 and Big Ten champs (the two conferences play in the Rose Bowl only if the top teams are not in contention for the BCS championship and only if the bowl is not hosting the championship game).

Maybe Pasadena's politicians can convince the new president to help make the Rose Bowl home field of the finals. After all, they scratched his back when it counted.

Aug 20, 2008

Blame the letter, not the loans (*UPDATE)

Former employees of IndyMac bank have asked California Attorney General Jerry Brown to investigate New York Sen. Chuck Schumer's role in the bank's failure.

For those who don't remember, federal regulators seized IndyMac shortly after Schumer sent out a letter questioning the bank's solvency. Although some might have thought him prescient, at least one regulator implied Schumer pushed things over the edge. Schumer, meanwhile, had his own finger pointing to do.

And who is making sure reporters get copies of the employees' letter?

From Reuters: Copies of the employee letter were distributed to the press by CRC Public Relations whose clients include the National Republican Congressional Committee, National Republican Senatorial Committee and the Republican National Committee.

CRC, based in Alexandria, Virginia, was also linked to a company that published a book questioning 2004 Democratic presidential candidate John Kerry's Vietnam service on a swift boat.

I'm pretty sure bad loans and skittish investors had something to do IndyMac's demise, but I'm no financial expert. Meanwhile, Mark Lacter reports on FDIC efforts to help delinquent borrowers stay in their homes.

*UPDATE: AG Jerry Brown has declined the invitation to investigate Schumer (via LA Biz Observed)

Jul 11, 2008

Breaking the bank*

Federal regulators have seized Pasadena-based IndyMac bank in what the Wall Street Journal describes as "one of the largest bank failures in U.S. history."

The head of the Office of Thrift Supervision tries to pin some of the blame on Sen. Chuck Schumer, who panicked customers a couple weeks ago with a letter questioning the bank's solvency. But as the WSJ article makes clear, the IndyMac's failure is a part of a wider economic trend and a sign of what's to come:

IndyMac's arc -- rapid growth and then an even more rapid descent -- is a microcosm for much of the boom-to-bust cycle that the mortgage industry has experienced since the housing crisis surfaced in late 2006.

While dozens of lenders have gone out of business during that time, IndyMac is one of the few federally insured banks to fail. Banking regulators are bracing for a slew of failures over the next year, bulking up their staff of bank examiners and taking an increasingly tough approach toward banks that are seen as risky.

*(LA Times, Bloomberg, LA Biz Observed)

Apr 30, 2008

What's the value of a gift of no value? *(updated)

Members of the City Council in Pasadena have a long tradition of handing out bundles of Rose Bowl Game and Rose Parade tickets each year to friends, admirers, supporters and other VIPs. Of course, the only way they have those tickets to give away is because the Tournament of Roses, which runs both events, gives each of the local politicos a ticket allotment.

As of now, the California Fair Political Practices Commission considers these tickets to be part of a fund-raising drive for a nonprofit entity, and therefore concludes they have no value under the state's gift restrictions. In other words, a gift of no value.

However, the FPPC's staff counsel is asking the public to comment on whether those tickets should be treated as gifts, and therefore taken at face value - a change that could have implications both at the state level as well as under the city's own Measure B conflict-of-interest rules. It should be noted the FPPC has discussed this before - at least once in 2004 - and seemed unable to come to a resolution.

I have to wonder what prompted the FPPC to take a look at this issue. I'll update if I find out.

From the FPPC press release: Comments may be addressed to Bill Lenkeit, Senior Commission Counsel at the address set forth above, by e-mail at blenkeit@fppc.ca.gov. or by telephone at (916) 327-2020.

*A Pasadena councilman says I've misremembered the way the system works regarding tickets for the Rose Bowl Game. Each council member receives two free tickets, which would be affected by a rule change. However, the 90 or so tickets each member gets from the Tournament to allocate to constituents are paid for by the recipient. The cache of parade tickets, however, are given to council members to give away free. Each one of those caches is worth thousands of dollars and also would be covered by a rule change.

Jan 1, 2008

Rounds one & two: police

According to Pasadena Star-News reporter Todd Ruiz, a heavy police presence thwarted an attempt by protesters to disrupt the 119th Rose Parade. The Beijing Olympic float, a symbol to some of China's effort to flower over its terrible human rights' record, was the target.

Pasadena police, FBI agents and the Secret Service were reportedly lining the route to protect the sanctity of family fun.

Protesters have yet to give up, however. They sent out a press release earlier this morning stating their intent to sue the city for refusing to issue them a permit to hold a pre-parade protest rally.

Update: The Chinese float, named One World One Dream, won the Theme Award Trophy. The theme for this year's parade was the pithy Passport to the World's Celebrations.

The float from Taiwan also won an award.