Mark Walter just sold the Lakers after only a year of owning them — we dig into the federal investigation of his insurance business and ask whether a sale of the Dodgers could be next. Plus, LAX's long-promised "people mover" is still stuck at 99.6% complete, and a make-or-break lender deadline is just seven weeks away — we untangle the lawsuit-filled feud between the airport and its contractor. And LA Material Editorial Director Julia Wick joins us to talk through her reporting on how the LA Jazz Festival, a hundred-plus-event celebration set to be headlined by John Legend and Janelle Monáe, collapsed hours before it was supposed to begin.

Show notes: 

Ratings Firm Accused of Grade Inflation Vouched for $40 Billion of Insurer Debt by Shane Shifflet and Heather Gillers

The Cash Machine on Mispriced Assets

2024-2025 Los Angeles County Civil Grand Jury Report including LAX Automated People Mover

The REAL Story Behind the LAX People Mover Fiasco by Nick Andert on Youtube

How the Inaugural LA Jazz Festival Fell Apart by Julia Wick