Word: mesa
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...could outwit all those corporate bigwigs back East. Lately, though, Pickens' lone star seems to have fallen. His efforts to take over Homestake Mining, a leading gold producer, and KN Energy, a natural-gas company, have fizzled. Because of the continuing slump in the oil patch, profits at his Mesa Limited Partnership have dropped from $70.6 million in 1986 to $31.9 million in 1987, a performance so poor that Pickens has had to borrow money to pay dividends...
...they would liquidate the two ailing S and Ls, a drastic step for institutions so large. The Federal Savings and Loan Insurance Corp., which guarantees thrift deposits, will spend a record $1.35 billion in cash to pay off insured depositors (up to $100,000 for each account) of Costa Mesa's North America Savings and Loan Association and the American Diversified Savings Bank. The payout, which temporarily slashes the federal insurance fund's cash balance by 40%, to $1.9 billion, is likely to heighten the debate over the adequacy of the FSLIC's resources to deal with the troubled thrift...
...crime to which Debra Ann Forster, 18, of Mesa, Ariz., pleaded guilty last week: leaving her two sons, ages six months and 18 months, alone in a sweltering apartment for nearly three days. The highly unusual sentence handed down by Maricopa County Superior Court Judge Lindsay Ellis Budzyn: Forster must use birth control for the rest of her childbearing years...
...just kids, really. Teens are tuning in, but older skaters have been hanging in as well. "The popularity of skateboarding has run in cycles," says Brad Dorfman, 38, whose Vision company, based in Costa Mesa, Calif., pulled in over $30 million in revenue last year by making outstanding boards and a lot of good duds to go with them. "But every time around, the foundation and following of skateboarding keep getting stronger and broader." Down in Atlanta, Mark Lawrence, owner of Crazy Lou's Skateboards, is similarly optimistic. "Because of the skaters who've been around a while, the consensus...
THREE POSTCARDS A delicately surreal play with music bringing together three women for a dinner that yields expected revelations in unexpected ways. From South Coast Rep in Costa Mesa, Calif., an unlikely but thriving venue for new work...