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Big 3 Auto Bailout (2008)

A collection of news and information related to Big 3 Auto Bailout (2008) published by this site and its partners.

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  • Committee tees up DeBell Golf Club improvements

    Committee tees up DeBell Golf Club improvements
    Two months after a nonprofit consulting firm issued its recommendations for turning around the struggling DeBell Golf Club, an oversight committee this week implemented some of those recommendations, which involve cost-cutting measures and course improvements.
  • Council tees up for DeBell review

    Council tees up for DeBell review
    City Council members this week decided to hire the National Golf Foundation to help resuscitate the struggling DeBell Golf Club, saying the nonprofit consultant was best suited for the job. The roughly $24,500 contract with the foundation’s...

    DeBell Golf Club seems headed for the green

    DeBell Golf Club seems headed for the green
    A year after the struggling DeBell Golf Club tapped into a $1-million loan designed to pull it out of the red, the course appears to be on the path to financial recovery. The loan was part of a $2-million bailout package approved by the City Council...

    Turn DeBell over to the pros

    In this economic environment, if a business with a $718,215 operating deficit and no reserves asked a bank for a $2-million bailout package, the response would be a predictable one: “no.” But in the world of Burbank municipal business, the...

    Club management needs a revamp

    After approving a $2-million bailout package for the flailing DeBell Golf Club that was “too big to fail,” the City Council this week handed down more of the same, this time cloaked as reform, by appointing an oversight committee saddled...