Goldman Sachs and Finance Reform; The State of LA

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It won't be as bad as he warned a few days ago, but LA Mayor Villaraigosa still wants to cut services, reduce staff and raise revenues by leasing parking lots. What about the DWP and relations with the City Council? On our rebroadcast of To the Point, Democrats and Republicans are trying to use public anger at Wall Street to boost their chances in this year's elections. We hear how Goldman Sachs has become the poster child for finance reform.

Los Angeles won't have to lay off 4000 workers or shut down government two days a week, but it will need to cut services and reduce staff. That's according to budget proposals released today by Mayor Villaraigosa. We hear what he said and get reaction from business, labor and council members. On our rebroadcast of today's To the Point, Democrats and Republicans are trying to use public anger at Wall Street to boost their chances in this year's elections.  We hear how Goldman Sachs has become the poster child for finance reform.

From this Episode:

Credits

Host:

Warren Olney

Producers:

Darrell Satzman, Christian Bordal