July 11, 2005

Sources say: Larry Ellison out of L.A.

The Los Angeles Times' Hot Properties column has done some investigative journalism and wants to know why Oracle CEO and billionaire Larry "Lawrence" Ellison is buying up a bunch of properties in Malibu. In the past two years, Lawrence has spent $180 million for real estate in the beachside enclave, most of it for houses rather than commercial property. Note that Oracle is based in the Bay Area and that's where Ellison lives. The LAT also notes that Larry wants to bring an NFL franchise to our fair town.

My theory is that Lawrence is simply following the lead of one of this idols, Saddam Hussein. He intends to shuttle between these houses to avoid capture by Samurai from rival clans.

Posted to Los_Angeles at July 11, 2005 11:21 AM

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Lonewacko

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