Bank to Donate $1 Million to L.A.
- Share via
IRVINE — Challenging other corporations to donate money, American Savings Bank said Monday that it would give $1 million toward the rebuilding of riot-torn Los Angeles.
“We expect this money will be used for repairs and reconstruction in helping the city get back to normalcy,” said John Nunn, a senior vice president.
Nunn said the announcement follows a telephone conversation on Friday with Los Angeles Mayor Tom Bradley, who along with Peter Ueberroth, newly appointed head of a commission to rebuild Los Angeles, has asked communities, businesses and government agencies to participate in the reconstruction.
The bank will also present its Service Pride Award, along with $5,000, to “the heroes of Los Angeles” who emerged from last week’s rioting, Nunn said.
More From the Los Angeles Times
Podcasts
The latest effort is coming from the L.A. County Board of Supervisors. They just announced a $3 million program in conjunction with some nonprofits groups to test and clean the soil at homes still standing in the areas impacted by the Eaton Fire.
The Hillside Strangler murders terrorized Los Angeles in the late 1970s. The killers were a pair of sadistic cousins. One confessed. The other was set to stand trial—until L.A. prosecutors flinched.
Hosts Fidel Martínez and Suzy Exposito sit down with Dr. Vanessa J. Díaz, professor of Chicano and Latino Studies at Loyola Marymount University and co-author of P FKN R: How Bad Bunny Became the Global Voice of Puerto Rican Resistance.
