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Wall Street Gets a Grilling; LA Responds to the Earthquake in Haiti
LA firefighters are ready to leave for Haiti to provide earthquake relief as LA's Haitian community waits for word on families and friends back home. Plus, we ask a private art dealer if he'll have conflicts of interest as director of LA's Museum of Contemporary Art. On our rebroadcast of To the Point, commissioners investigating the cause of the Great Recession got tough today with four Wall Street bankers, including the head of Goldman Sachs.
By Warren Olney • • 54m ListenThe Los Angeles County Fire Department will be in the vanguard of US aid to Haiti. While LA's Haitian community is waiting for word, LA wonders about an earthquake here. Plus, the art world wonders about the new director chosen for LA's Museum of Contemporary Art. We talk with Jefferey Deitch. On our rebroadcast of today's To the Point, commissioners investigating the cause of the Great Recession got tough today with four Wall Street bankers, including Lloyd Blankfein, the head of Goldman Sachs. Are the commissioners asking the right questions? Can they help prevent another financial disaster?
Banner image: LA County Fire Department urban search-and-rescue dog Baxter and handler Gary Durian prepare for deployment as other team members load US AID supplies to be flown to Haiti in the aftermath of yesterday's magnitude-7.0 earthquake. Photo: David McNew/Getty Images
In this episode
3 storiesWall Street Gets a Grilling
Phil Angelides said today the Financial Crisis Inquiry Commission is probably the last hope for uncovering the causes of what's now called the Great Recession. A former California State Treasurer, Democrat Angelides now chairs the bipartisan commission established by Congress.
Read the story27 minLA Responds to the Earthquake in Haiti
Seventy-two LA County firefighters are ready to ship out for Haiti with aid for victims of the massive earthquake . Meantime, some 10,000 Haitians living in the Los Angeles area are waiting word about friends and relatives back home. TiGeorges , a Haitian restaurant on Glendale Boulevard, is an informal clearing house for information.
Read the story18 minPrivate Businessman to Head Public Museum
LA's Museum of Contemporary Art has been called the best of its kind in the world, but it's in major financial trouble and recently got a $30 million bailout from billionaire-collector Eli Broad. Now MOCA's board has stunned the art world by choosing a new director not from academia or another museum, but a private collector and dealer.
Read the story10 min
