- Newsmaker: PG&E; Bankruptcy and Repercussions - One day after Governor Davis offered rate increases to help utilities pay off massive debt, Pacific Gas and Electric Company has filed for bankruptcy. We get the big picture from law professor Lynn Lopucki, who specializes in bankruptcies of large publicly-held companies, and Gary Ackerman, head of a major state energy trade organization.
Election - Villaraigosa, PG&E Bankruptcy
Mayoral candidate Antonio Villaraigosa calls himself a leader with a proven track record. The third generation Angelino spent six years in the California State Assembly, two as Speaker, representing Echo Park, Atwater Village, Highland Park and part of Hollywood. The former head of the Southern California ACLU, and organizer with LA's teacher union, explains his support of school expansion, police accountability, and other quality-of-life issues. He also responds to criticism over the financing of his campaign and a radio ad that pointedly tells voters not to vote for him. (Kyle McKinnon guest hosts.)