I have been so busy gearing up for the release of my book that I have been too busy to blog. Here’s why: I have an editorial in today’s Los Angeles Times about the mortgage meltdown. Here are the first few paragraphs:
“It’s ironic that, as the mortgage crisis pushed Lehman Bros. Holdings Inc. into bankruptcy and probable demise, the storied finance house couldn’t find a savior in its hour of need. Had Lehman turned a similar cold shoulder to Los Angeles more than 125 years ago, the contours of California’s evolution likely would have been much different.