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Gibraltar Savings And Loan
Gibraltar Savings and Loan Association was an American bank operating in California, Washington (U.S. state), Washington, and Florida. It was organized as a savings and loan and failed in 1989. Overview Its headquarters building at 9111 Wilshire Boulevard in Beverly Hills, was built in 1958, designed by William Pereira. U.S. federal regulators seized assets of the bank in 1989.Security Pacific Wins Gibraltar Savings Bid
by Richard W. Stevenson, ''The New York Times'', Thursday, June 28, 1990
Its assets included $13.4 billion and the Los Angeles Equestrian Center, later transferred to Del Ray, a Burbank, California, Burbank-based development firm.Horrace A. Laffaye, ''Polo in the United States: A History'', MacFarland & Company, 2011, p. 230< ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ...
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Washington (U
Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. * George Washington (1732–1799), the first president of the United States Washington may also refer to: Places England * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough ** Washington Old Hall, ancestral home of the family of George Washington * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines *New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Washington, Wisconsin (other) * Fort Washington (disambiguati ...
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Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to the south by the Straits of Florida and Cuba; it is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. Spanning , Florida ranks 22nd in area among the 50 states, and with a population of over 21 million, it is the third-most populous. The state capital is Tallahassee, and the most populous city is Jacksonville. The Miami metropolitan area, with a population of almost 6.2 million, is the most populous urban area in Florida and the ninth-most populous in the United States; other urban conurbations with over one million people are Tampa Bay, Orlando, and Jacksonville. Various Native American groups have inhabited Florida for at least 14,000 years. In 1513, Spanish explorer Juan Ponce de León became the first k ...
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Savings And Loan
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts.Denis "Authentic Development: Is i ...
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Wilshire Boulevard
Wilshire Boulevard is a prominent boulevard in the Los Angeles area of Southern California, extending from Ocean Avenue in the city of Santa Monica east to Grand Avenue in the Financial District of downtown Los Angeles. One of the principal east-west arterial roads of Los Angeles, it is also one of the major city streets through the city of Beverly Hills. Wilshire Boulevard runs roughly parallel with Santa Monica Boulevard from Santa Monica to the west boundary of Beverly Hills. From the east boundary it runs a block south of Sixth Street to its terminus. Wilshire Boulevard is densely developed throughout most of its span, connecting five of Los Angeles's major business districts and Beverly Hills to one-another. Many of the post-1956 skyscrapers in Los Angeles are located along Wilshire; for example, the Wilshire Grand Center, which is the tallest building in California, is located on the Figueroa and Wilshire intersection. One Wilshire, built in 1966 at the ju ...
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Beverly Hills
Beverly Hills is a city located in Los Angeles County, California. A notable and historic suburb of Greater Los Angeles, it is in a wealthy area immediately southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. Beverly Hills' land area totals to , and along with the smaller city of West Hollywood in the east, is almost entirely surrounded by the city of Los Angeles. According to the 2020 census, the city has a population of 32,701; marking a decrease of 1,408 from the 2010 census count of 34,109. In American popular culture, Beverly Hills has been known primarily as an affluent, upscale location within Greater Los Angeles, which corresponds to higher property values and taxes in the area. Many different high-end shops and goods are displayed in the city, and can be observed in the Rodeo Drive shopping district; the district houses many different luxury and designer brands, such as Versace, Louis Vuitton, Gucci, Armani and Prada. Throughout its hi ...
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William Pereira
William Leonard Pereira (April 25, 1909 – November 13, 1985) was an American architect from Chicago, Illinois, who was noted for his futuristic designs of landmark buildings such as the Transamerica Pyramid in San Francisco. Remarkably prolific, he worked out of Los Angeles, and was known for his love of science fiction and expensive cars, but mostly for his unmistakable style of architecture, which helped define the look of mid-20th century America. Personal life Pereira was born in Chicago, Illinois, the son of Sarah (Friedberg) and Saul Pereira. His paternal grandfather was of Portuguese Sephardi Jewish ancestry, and his other grandparents were Ashkenazi Jews. Pereira graduated from the School of Architecture, University of Illinois and began his career in his home city. He had some of his earliest architectural experience helping to draft the master plan for the 1933 "A Century of Progress" Chicago World's Fair. With his brother, Hal Pereira, he designed the Esquire T ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Los Angeles Equestrian Center
The Equidome is a 3,500-seat indoor arena located at the Los Angeles Equestrian Center complex, located next to the Los Angeles River on Riverside Drive in Burbank, Los Angeles County, California. Overview The equestrian center complex is within Griffith Park, in a separate small section across the Los Angeles River from the main park area and the Los Angeles Zoo. The Equidome was built in 1982, and is used for sporting events such as equestrian shows, dressage competitions, and rodeos. It is occasionally used for music concerts. The arena has of floor space. Annual events Annual events held in the Equidome include: *"Equestfest" — held by the Pasadena Tournament of Roses at year's end to showcase the equestrian participants of the Rose Parade The Rose Parade, also known as the Tournament of Roses Parade (or simply the Tournament of Roses), is an annual parade held mostly along Colorado Boulevard in Pasadena, California, United States, on New Year's Day (or on Monday, ...
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Burbank, California
Burbank is a city in the southeastern end of the San Fernando Valley in Los Angeles County, California, United States. Located northwest of downtown Los Angeles, Burbank has a population of 107,337. The city was named after David Burbank, who established a sheep ranch there in 1867. Billed as the "Media Capital of the World" and only a few miles northeast of Hollywood, numerous media and entertainment companies are headquartered or have significant production facilities in Burbank, including Warner Bros. Entertainment, The Walt Disney Company, Nickelodeon Animation Studio, The Burbank Studios, Cartoon Network Studios with the West Coast branch of Cartoon Network, and Insomniac Games. The broadcast network The CW is also headquartered in Burbank. The Hollywood Burbank Airport was the location of Lockheed's Skunk Works, which produced some of the most secret and technologically advanced airplanes, including the U-2 spy planes that uncovered Soviet Union missile components ...
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Security Pacific National Bank
Security Pacific National Bank (SPNB) was a large U.S. bank headquartered in Los Angeles, California. It was acquired by Bank of America in 1992. History On September 1, 1868, Hellman, Temple and Co. opened their first bank branch in Los Angeles. The banking firm was the predecessor of Farmers and Merchants Bank (1870), which was the predecessor of Security First National Bank. The bank earned a reputation for aggressive business practices and benefited from economic and population growth in the Western United States. By the mid-20th century it had an international presence, and was ranked the fifth-largest bank in the United States and third-largest in California in terms of deposits. In 1967, Security First National Bank bought Pacific National Bank of San Francisco and became Security Pacific National Bank. In 1971, SPNB Security Pacific National Bank (SPNB) bought 69% of Bank of Canton. In 1975, Security Pacific Bank constructed a 55-story tower in downtown Los Angele ...
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