Which Way, L.A.?
Is Greece Too Big to Fail? What's Next for the Dodgers?
Frank and Jamie McCourt made $108 million — tax free. Now they plan to raise ticket and parking prices for Dodger games without increasing the payroll. What's in store for the team? Also, the state's new Assembly Speaker. On our rebroadcast of To the Point, Greece is on the brink of financial ruin, and proposed austerity measures have sparked strikes and street demonstrations. What's the roll of Wall Street banks? Will hedge funds reap profits by making things worse?
By Warren Olney • • 52m ListenDuring their angry divorce proceedings it's been revealed that Frank and Jamie McCourt made $108 million without paying any taxes. What will their finances--and their increasingly public feud--mean for the Dodgers? Also, a local Democrat is the state's newest Assembly Speaker. On our rebroadcast of today's To the Point, Greece is on the brink of financial ruin, and proposed austerity measures have sparked strikes and street demonstrations. How did Wall Street banks help create the crisis? Will hedge funds reap profits by making things worse?
Banner image: Owner Frank McCourt (L), with wife and Dodgers president, Jamie McCourt, (far R), of the Los Angeles Dodgers take their separate seats during Game One of the NLCS agianst the Philadelphia Phillies during the 2009 MLB Playoffs at Dodger Stadium on October 15, 2009 in Los Angeles, California. Photo: Kevork Djansezian/Getty Images
