L.A. Opera Gets $14M Emergency Bailout Loan
"Los Angeles Opera asked for and received a $14-million emergency loan from Los Angeles County today to allow it to stay afloat and keep paying its expenses through the middle of next year." In his request for the aid, the company's COO said that the loan "is needed now, literally next week." Los Angeles Times 12/08/09

Posted December 8, 2009 09:39 PM