Which Way, L.A.?

LA's Financial Reputation: Saved at the Bell?

During this week's dispute over rate hikes demanded for the Department of Water and Power, City Council members compared Mayor Mayor Villaraigosa to Alice in Wonderland. Today, Councilman Paul Koretz said, "We're crawling out of the rabbit hole." That was after Interim City Administrator Ray Ciranna found $30 million in unexpected revenue.