| Feb 5, 2014
| 12:06 PM
FBI agents arrested the owners of a now-closed Southern California real estate investment firm for allegedly using the business to run a Ponzi scheme in which victims lost more than $110 million.
John Packard, 63, of Long Beach and Michael Stewart, 66,...
| Mar 4, 2014
| 1:56 PM
Moelis & Co., a boutique Los Angeles investment bank, filed for an initial public offering, seeking to capitalize on the soaring stock market and a recent pickup in corporate mergers.
The firm was founded in 2007 by Ken Moelis, a longtime Southern...
| Jan 21, 2014
| 2:07 PM
Mohamed El-Erian unexpectedly resigned from his post as chief executive and co-chief investment officer of global investment management firm Pimco on Tuesday, the firm said in a statement.
El-Erian will leave the firm in March and will remain a member...
| Mar 17, 2014
| 10:00 PM
Name: Jim Styer
Hometown: Highland Park
Name of organization: The Healthcare Foundation of Highland Park
What role does your organization serve in the community?
The Healthcare Foundation of Highland Park has given more than 78 million...
| Mar 25, 2014
| 3:58 PM
The onetime head of a well-connected Northbrook money management firm lowered his head and stared at the floor as he was convicted Tuesday on all counts for bilking clients of more than $500 million in what prosecutors believe was the largest fraud case...
| Mar 25, 2014
| 2:24 PM
After an extensive, two-year renovation, the Brand Library & Art Center reopened with a celebrity gala. Close to 150 supporters got a first look at the brand new library and art center's facelift.
Last Saturday, handsome men, with or without black ties,...
| Mar 31, 2014
| 2:50 PM
Construction is underway on a $74.3-million apartment complex across the street from the Cerritos Towne Center shopping and entertainment mall.
The 198-unit apartment community called Aria is being built by Picerne Group, a real estate investment firm...
| Apr 4, 2014
| 4:56 PM
As a Glendale resident and GWP rate-paying customer, I have been very interested in the Forum letters about how revenues from GWP are distributed — for water and electricity purchases, repair and upgrading of infrastructure, operating expenses,...
| Apr 6, 2014
| 5:00 AM
Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets.
But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave.
| Apr 8, 2014
| 8:30 AM
Imax Corp. is selling a 20% stake in its China operation to a Chinese investment firm, an $80 million deal that will pave the way for an initial public offering.
Imax said Tuesday that the investment by CMC Capital Partners would be paid over two...
| Mar 29, 2014
| 5:00 AM
This time last year, investment firms raced to buy dozens of single-family homes in neighborhoods from Fontana to South Los Angeles to lease them out, transforming the mom-and-pop rental business into a Wall Street juggernaut.
The flood of cash helped...