Archive for April, 2010
For Whom the Bell Tolls
On the 40th anniversary of Earth Day, Simi Valley’s Radiation Rangers take Runkle Canyon developer KB Home to task after news that its former head, Bruce Karatz, was convicted of four felonies secretly backdating stock options to the tune of $6.6 million and then lying to regulators about it. The Rangers are happy that Karatz may be incarcerated but point out that the residents of the Simi and San Fernando valleys still have to contend with one of Karatz’s most controversial aquisitions under his tenure at KB Home: Runkle Canyon. The Rangers demand that KB Home clean up the canyon which appears contaminated with high radiation, chemicals and heavy metal yet is planned for a 461 home community.
Michael Collins | Apr 22, 2010 | Comments 2




