People see this as an industry that's very glamorous and exciting, but it's an industry that's going through some major inflections, |
People that have jobs that don't have health care, they put a great strain on the health services community. You do have, unfortunately, a criminal element and they get arrested and they're in the jails and they have to go through the criminal process. |
Retailers have been putting up with outsourcing headaches for years such as quota allocation, transportation issues, etc. Of course retailers would like to source more locally but I don't think it's going to work out yet in California because of the labor laws. |
Some studios are doing some moderate lay offs. LA's future is at stake. |
Some studios are doing some moderate lay offs. LA's future is at stake. |
Some studios are doing some moderate layoffs. LA's future is at stake. |
Somebody could call, get the price and say 'Let me think about this,' ... Then they move on to the next company in the Yellow Pages. |
The (retail) arena has gotten very, very competitive. You've had Kohl's enter this market and you've had Wal-Mart and Target expand. |
The bottom line is that there's a huge demand. We have a shortage of 280,000 housing units in Los Angeles, and if you said 'affordable housing units,' that number would be even bigger. |
The market is extremely strong, ... The office market has been improving steadily and there is a great demand for space in the industrial market. |
There are a lot of wild cards in every one of these situations. |
There's a lot of competition, and to survive, they're going to have to get lean and mean, ... As more banks merge, which we expect, you're going to see more of these layoffs. |
They complain about the cost of gasoline, but when GM, Ford and Chrysler had their employee-discount programs, guess what they bought? You're watching this and scratching your head. |
They constantly have to have something new or people will say, 'I've been there'. They need to find somebody that has deep pockets and very strategic thinking about the whole thing. |
They were on a tremendous roll, ... I think it definitely knocks them out of the box. I think this cleanup will take a long time, and the state's attention will be focused on rebuilding. |