One of LA's most venerable institutions is the Motion Picture and Television Retirement Home in Woodland Hills. It was started by Mary Pickford and Charlie Chaplin 87 years ago. Recently the foundation that runs it said it was losing $10 million a year and would have to close part of it down. But veteran reporter Andrew Gumble, who blogs at TheWrap.com, discovered that not all the statements were true. Today, Jeffrey Katzenberg, head of DreamWorks Animation and the chair of the foundation met with reporters.