H is for hostage | Bleader

H is for hostage

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Last week, a Chicago investment firm that owns 138 acres just to the west of the "H" announced that L.A. officials had failed to muster the $22 million it claims is required to preserve the site. The Chicago guys claim five luxury homes, or one insanely big family compound, will fit on the parcel.

How Chicago I-bankers control the fate of the Hollywood sign, or at least the first letter.

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