The real estate industry not only ignored warnings about building in high fire risk areas, they spent millions lobbying against efforts to regulate it.
BT's Kei Pritsker reports from the Palisades rubble.
It's a big $tory with lots of angle$......
While 40 million Californians suffer through unprecedented drought, one billionaire couple owns a massive share of the state's water system, largely seized in a series of secretive meetings two decades ago. That system was largely paid for by the very taxpayers whose water these billionaires hold hostage.
The Resnicks are the biggest farmers in California–as of 2007 they owned four San Francisco’s worth of farmland. Nearly half of Americans buy at least one of their products: pistachios, POM pomegranate juice, mandarins, flowers, and more.
It’s all under one massive umbrella: The Wonderful Company, a privately owned company worth at least 5 billion dollars. The majority owners, the Resnicks, are worth at least 8 billion.
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