Why Sports in LA Are in Disarray

On April 20, Major League Baseball took control of the Los Angeles Dodgers, a team whose overleveraged owner is going through a humiliating public divorce and steering the franchise towards bankruptcy. The Dodgers’ financial situation had been so dire that last week Frank McCourt, who is fighting for ownership of the team with his estranged wife, Jamie, needed a $30 million loan from Fox, the team’s television partner, to make payroll.

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Arnold Schwarzenegger’s Legacy as Governor of California

Appropriately, the race to become the next governor of the richest state in the Union could well be a treatment for a Hollywood script: a multimillionaire taking on the wily scion of a political dynasty to succeed one of the biggest box-office stars of all time as governor of California. On Tuesday, Californians will decide if Democrat Jerry Brown, the current attorney general, a former governor himself and three-time presidential candidate, or Meg Whitman, the eBay billionaire who has spent a record $140+ million on her campaign, will succeed Arnold Schwarzenegger

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Blessed Barons

Staring out from their photographs, they are the archetypal tycoons: one a steely-eyed Scot with a spade-shaped white beard; another a craggy, Ichabod Crane look-alike; the third a fat cat in striped pants with a watch chain strung across an ample paunch. Today they have the look of fossilized reactionaries, but these turn-of-the-century titans were men who lived in booming, anarchic times and thrived on them.

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