According to the newly released Forbes annual list of the world's richest people, there are 946 people in the world worth $1 billion or better. That's 178 more billionaires than Forbes counted last year. And yet somehow, even despite that remarkable growth in the membership of the International Billionaire Boys and Girls Club, I still feel confident in saying that if you're reading this blog, you didn't make the list. Sorry.
California did very well, and is more thickly carpeted with billio
This month Orange County's bumbling Transportation Corridors Agency (TCA) devised yet another new plan to solve its continual financial disaster woes: The government agency wants to change its name to the Transportation Corridor System (TCS).
Oh, and one other minor detail: They also want to spend an additional $4.7 BILLION in "speculative grade" debt for the 11-year-old 73 Toll Road that slices through Costa Mesa, Newport Beach, Irvine and Laguna Beach on the way south to I5.
Bend over baby
Don't know if you caught this buried in the LA "By God" Times' Jan. 12 front-pager on Governor Big Lippy sending his chief-of-staff out to court his big-money Republican donors: their first get together will be this coming Wednesday, Jan. 18, at the Irvine Co.'s "Fantasy" Island Hotel (formerly the Four Seasons; don't worry: you still can't afford it) at Newport Center. Co-hosting this little confab will be the comedy tag-team stylings of George Argyros and General William Lyon (no doubt still i
The Government has gone Plasma TV crazy: Even though they have an entire cable television channel to carry their lame communications, Santa Ana city officials are spending at least $242,000 more to install 10, 42-inch flat screen TVs at 10 public locations. These TVs will have no sound, and will broadcast city-inspired videos. City Manager David Ream told the Register's Doug Irving that videos will promote "projects we're really proud of." Ream mentioned the privately-owned City Place developme
UCI Cluster Fuck: News emerged today that Michael J. Schroeder, OC GOP heavyweight, participated with a group of 20 fellow Republicans to pressure the UCI Chancellor from hiring liberal scholar Erwin Chemerinsky as dean of the university's first law school. Michael V. Drake offered the job to Chemerinksy last month and this week withdrew the offer under murky circumstances. Now, Garrett Therolf and Maura Dolan at the LA Times write this morning that UCI is working on a plan to rehire Chemerinsk
A couple of days ago, members of the Service Employees International Union (SEUI) Local 1877 who clean offices at Fashion Island and the Irvine Spectrum Center voted overwhelmingly to strike against the two facilities' owner, the mighty Irvine Company. The Orange County Labor Federation is on board with the strike, as is Zeke Hernandez, director of the main Orange County chapter of the League of United Latin American Citizens. On Sunday, Hernandez wrote a letter to Irvine Company overlord Donald
We've got the George Argyros-owned apartment empire "systematically ripping off" its largely poor or lower middle class tenants by fabricating excuses for not refunding deposits to literally thousands of people.
We've got Donald L. Bren--owner of the Irvine Co. using strong arm tactics on small local businesses and, in a messy child support case in Los Angeles, declaring himself exempt from law because he's so rich.
And, perhaps most colorful of all, we've got Henry T. Nicholas III--a founde
The Pelican Grill at the Pelican Hill Resort is the last place I would think of when it comes to Monday Night Football. After all, this is a valet-parking, ocean-views, uniformed-waiter, white-table-cloth kind of establishment, where the customers are the country-club types, not the average Joe Six-Pack (to borrow a recently heard term).
But that's not stopping Donald Bren and company. They've got two 9'x6' HDTVs that will be tuned to the game and a "Burger and Brews" menu to feed any deep-po
Twenty UC Irvine science and engineering researchers were named last week as Fellows of the American Association for the Advancement of Science, representing the largest class this year of any American university or institution. Eighty-five current and former UCI faculty members have previously earned the honor from AAAS, the world's largest general scientific society. The 2008 UCI AAAS fellows are:* Pierre Baldi, Chancellor's Professor and Institute for Genomics and Bioinformatics director* Jam
Research headed by UC Irvine science superstar Francisco Ayala that found the brains of the two sexes react differently to beauty also may help explain why women can't read maps and men can't see what's right under their noses.Ayala -- the Donald Bren Professor of Biological Sciences, Ecology & Evolutionary Biology in the School of Biological Sciences, a professor of philosophy in the School of Humanities, a professor of logic and the philosophy of science in the School of Social Sciences, a
Orange County Register: Four earthquakes have shook North Orange County in a week. Jeez, gay people, what have you done to piss off God now? . . . OC banruptcies jumped 57 percent in January. So you've got to love Southern California Edison's timing in these fucked-up financial times: included from yet another rate increase is $100 million set aside for bonuses to top execs and employees. . . . Mano-a-Nano: a group of young men beat, stabbed and robbed a man of his
Crunching numbers from the latest Forbes list of the wealthiest Americans, Orange County Business Journal concluded that local billionaires lost a combined $5.8 billion of wealth since September. That's not all that has shrunk: there are 793 billionaires on the latest Forbes list, compared with 1,125 a year ago.None of OC's billionaire nine had their wealth increase since mid-September. The highest-ranking local, Irvine Co. chairman Donald
Bren, was valued at $12 billion, the same
as six months
Orange County Business Journal has some enlightening items in this week's issue, although you have to hunt for most of them. That, of course, is not the case with "OC Insider," the weekly column by executive editor Rick Reiff, a seasoned pro who knows to start off with his most newsworthy stuff: The ankle monitor is off, he's finalizing his divorce and his first trial isn't scheduled until February. You don't expect hyperactive Henry Nicholas to sit still, do you?I'd link you to the rest if I
27th Annual Donald Bren Honor's Concert, 7 p.m.This Irvine Co. owner uses strong arm tactics on small local
businesses and, in a messy child support case in Los Angeles, declared
himself exempt from law because he's so rich, is rockin' the house with an honors concert at OCPAC!Orange County Performing Arts Center, 600 Town Center Dr., Costa Mesa, CA; 714-556-2787Two Dollar Tuesdays, 5 p.m.Not all of us Orange Countians can be millionaires. Spend your hard-earned cash wisely on cheap drinks.In C
UPDATED WITH PHOTOS FROM THE BOARD OF SUPERVISORS MEETING . . .
Photo by Keith MayCounty Supervisor Bill Campbell, whose district includes the Irvine Co. land in question, is amused by a speaker at Tuesday's board meeting in Santa Ana.He's got a gift. Donald Bren, the secretive, aging multi-billionaire who chairs The Irvine Co., has an undisputed gift for preservation. He sets aside, and preserves, and then preserves yet again the mostly steep, landslide prone, unbuildable portions of his spr