Malibu

It's notoriously difficult to park in Southern California beach cities, but as Tony Barboza reports, not all "no parking" signs are legitimate.

A Wells Fargo executive involved in foreclosures has reportedly been using a foreclosed Malibu, California, estate for personal parties on the weekends.

In Malibu, CA, private property extends to the high tide waterline, where public land begins. An unofficial group of "urban rangers" is giving tours and dance performances along that line to explore the absurdity.

As a new luxury retail center replaces a decades-old hardware store in upscale Malibu, California, many worry about the troubled future facing local businesses and services.

Drops in tourism and luxury car sales are among the reasons why the ritziest cities in Southern California are not impervious to the recession.