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CEO Who Ranted Against Kathy Griffin Sees Bonus Cut

It's unclear what that means in terms of dollars

(Newser) - One of the nation's biggest homebuilders is putting its top executive on notice after a vulgar rant against comedian Kathy Griffin was caught on tape and went viral. KB Home CEO Jeffrey Mezger, who's a neighbor of Griffin's in California, was recorded by a security camera hurling... More »

CEO's Profane Rant Against Neighbor Kathy Griffin Leaks

KB Home has released statement on behalf of Jeffrey Mezger

(Newser) - Kathy Griffin's year of woe continue , and the latest dust-up hits close to home, literally. The comedian and her boyfriend reportedly phoned Los Angeles police on Saturday night to complain about what they felt was excessive noise coming from their neighbor's property, and it didn't end well.... More »

White-Collar Sentences: Too Harsh, or Too Soft?

Loss calculations wildly swing the scale, as in the case of Bruce Karatz

(Newser) - Should Bruce Karatz spend half a decade in prison—or no time at all? Karatz, the ex-CEO of KB Homes, has been convicted of trying to swindle the company out of $11 million. The probation office says he should get eight months' home confinement. But prosecutors want to lock him... More »

Foreclosures Undercut Builders

(Newser) - Foreclosures and other vacant homes make this a tough time to be a builder, the Wall Street Journal reports. Consider Pulte Homes, which is selling a new, four-bedroom home in Las Vegas for $214,990—while a short sale nearby offers a similar Pulte-built home for $149,999. “We... More »

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