The Breakdown | Explaining Southern California's economy
Business & Economy

DeBord Report on 'America Now with Andy Dean,' May 4 edition

Listen in to last Friday's business and economy report on "America Now with Andy Dean." As you may know, Andy graduated from a modest institution of higher learning on the Charles River in the Commonwealth of Massachusetts, not far from Walden Pond and within reasonable striking distance of Fenway Park. While Andy was there, so was a kid from Long Island who wore sandals all day long and wound up having a movie made about his entire life before the age of the 30, a movie that was cruelly denied an Oscar for Best Picture, but that's okay, because that kid from the Island has made plenty good and is now showcasing his company to investors and buying other companies for just slightly less than the 2009 GDP of Antigua & Barbuda.

Andy and I discussed how he could've, should've been working for Facebook. I said he'd get another chance! And then we enjoyed a few laughs about Eduardo Saverin, Mark Zuckerberg's early Facebook co-founder who, according to many, got swindled out of his big stake in the company. He still has something like 2 percent, which could be worth...$2 billion if Facebook hits the high end of its IPO valuation. And he's currently residing in Singapore, living large and spending tens of thousands a night at clubs with models while Zuck...meets with bankers.

Who's having more fun?

Anyway, we also reviewed the dismal April jobs data, discussed financial infidelity, and even got into the scandal over Yahoo's CEO and his faked college computer science degree.

A very lively slate of topics! And we'll be doing it again this Friday live, at 4 p.m. Pacific Time.

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