Playa Vista Bailout?

New Times LA charges that environmental sellout Ruth Galanter is trying to pull a fast one in Sacramento to bail out Playa Vista.

1 minute read

August 24, 2000, 11:30 AM PDT

By Chris Steins @planetizen

New Times LA columnist Jill Stewart charges that "in a desperate bid for yet another financial bailout for Playa Capital, Galanter and her staff during the past few weeks managed to persuade state Senator Deborah Bowen, a Westside Democrat, to push through a special law that would mean a huge new financial break for Winnick and Morgan Stanley Dean Witter. Galanter's financial break involved a massive land swap in the Ballona Valley that would have rid the developers of most of the "worthless" and unbuildable wetland acreage worth $5 million."

Thanks to Chris Steins

Read the full story: Sneak Thievery

Thursday, August 24, 2000 in New Times-LA

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