President Barack Obama Sets Caps On Executive Pay And Proposes Aid To Homeowners; "Time Stands Still" At The Geffen; Where Have All The Jobs Gone?; The Perfect Scent
President Barack Obama Sets Caps On Executive Pay And Proposes Aid To Homeowners
President Barack Obama set a $500,000 cap on executive pay for financial institutions that receive federal bailout money. Executives would also not be able to receive any bonuses but stock dividends. However, these dividends could not be cashed out until taxpayers are paid back. Will this work? Also Larry takes a look at proposals by lawmakers to help homeowners with their mortgages to stimulate the home buying market. Guests include Heidi Moore, from the Wall Street Journal, and Delores Conway of the USC Casden Real Estate Economics Forecast.
"Time Stands Still" At The Geffen
Larry Mantle and guests talk about the world premiere of a play by Pulitzer winner Donald Margulies at the Geffen Playhouse. "Time Stands Still" focuses on a longtime couple and journalistic team who return to New York from an extended stint working in the Middle East and find themselves struggling to re-adjust to domestic life. Larry talks with director, Daniel Sullivan, actress Anna Gunn, and actor David Harbour.
Where Have All The Jobs Gone?
The unemployment rate in Los Angeles reached 9.5 % at the end of last year. What is the profile of those who make up that staggering percentage? From the service sector to white collar jobs it seems no one is immune from the current economic recession. Larry talks to Howard Fine of the L.A. Business Journal, Jack Kyser of the Los Angeles Development Corporation, and John Husing, Vice President of Economics and Politics, Inc. about joblessness in Los Angeles.
The Perfect Scent
How do you create the prefect scent? Chandler Burr, New York Times Style Magazine perfume critic, spent a year behind the scenes watching two daring perfume developers create two very different scents. In his book "The Perfect Scent," Burr writes about the world of manufactured scents and the billion-dollar global perfume industry that runs on the invisible magic of perfume.