The shopping mall developer questions the intellectual firepower of City Council leaders and takes on potential mayoral contenders in a blistering speech before the group Town Hall Los Angeles.
Los Angeles shopping mall developer Rick Caruso questioned the intellectual firepower of City Council leaders Thursday in a blistering speech that could be his prelude to a run for mayor. He called the city's 13.4% unemployment rate "embarrassing" and argued that firms have fled town because of onerous regulations and taxes.
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