tinseltown brings to mind the image of big homes, big stars, and the iconic hollywood sign. this unfolding disaster is not happening in the hollywood hills or on an expensive soundstage. >> that part of hollywood is not the glamour part of hollywood. we call it east hollywood here in los angeles. it's more residential. it's more community. >> jackie goldberg is a former los angeles city councilwoman. in 1995 she represents a district where the city is building a subway. it's one of the largest public works projects of its time, and some of the constituents are complaining about it. >> we don't need a metro rail as they are proposing it. let's get back to the buses where the people can be moved around properly. >> not only are residents complaining, but so are the business owners. for them it's less about the subway itself than the construction. they're losing money. >> it takes so long to build these things underground and you don't have much choice but to tear streets up and close streets. businesses were putting big signs on their property saying, open for business during

now khouw and carter are the shame of tinseltown.f these guys. >> he was in the back of the police car wailing. >> hollywood loves a good comeback stories. options action fans, how can these two fix their trade? very sad story, but maybe this will make everyone feel better. had you shorted time warner, you would be looking a the a loss of $700 and be on the hook for unlimited losses. mike's trade is worthless but it only cost 35 bucks. not great but better than the alternative. this trade expires next week so the question is do you stay short time warner? let's call back to the charts with oppenheimer's carton braxton worth. >> we're out of time on the trade but from our point of view on the chart which is worse, it's gotten steeper, more dangerous. the resolution is that much more grotesque. we would stay short. >> wow. that much more grotesque. mike, how about you? what do you do? >> obviously we're not going to take off that trade. there's nothing to it. we're going to leave that on. i'm inclined to go out and buy the put spread.

now, tinseltown always is tailored to local tastes.ailoring turn into a bold faced imposed by the people from above ? iron and three could be a test of that notion. liz: imax tickets are sometimes scheldt for $90 per depending on the movie. david: a huge market, but your question of editorial a baldness in the films is disturbing. thank you. good to see you. looking to take it easy at your next job? we will tell you what was ranked as the most and least stressful jobs in the whole space. liz: recovery would ask you. we will read some of your responses. david and i will weigh in next. ♪ i turned 65 last week. the ma of retirement is different today. money has to last longer. i don't want to pour over pie chartall day. i want to travel, and i want the income to do it. ishares incomes etfs low cost and diversified. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, whicich includes investment objectives, risks, charges and expenses. read and c

"the los angeles times" of course switching gears here, beloved institution of liberals in tinseltownrry could fall into the wrong hands. conservative hands? those are the wrong hands? dennis kneale has the story. >> hey, twice. the controversial and conservative koch brothers, charles and david, energy billionaire, crude saiders against bloated big government, funders of tea party are said to be interested in buying "the l.a. times." that has nickers in a twist in liberal hollywood and elsewhere. that bastion of editorial page liberalism, "the new york times" published a big story on sunday describing this as a part of a 10-year strategy the koches to shift the nation to smaller government and less regulation and less taxes. horrors, smaller government. the koch brothers funded cato institute, heritage foundation as well as americans for prosperity, a tea party advocate. that rattles the editor-in-chief of the rap.com a hollywood website who writes, koch brothers are known for fun nilling millions of doll into right-wing and ultraright-wing political campaigns. this should make anyon