New look at plan to use eminent domain to seize troubled mortgages

San Bernardino County and two of its cities last year created a national stir with a proposal to use eminent domain to seize troubled mortgages and write down debt for homeowners.

That debate returns to the county this week, with the first public meeting on the matter since August scheduled for Thursday. Meanwhile, the San Francisco investment firm that initially pushed the plan, Mortgage Resolution Partners, is renewing its call for aggressive action in the epicenter of the state's housing crash.

"It really is ground zero, because it is the hardest-hit community in the state," said Steven Gluckstern, chairman of Mortgage Resolution Partners. "It is very important to me that we are successful in Southern California."

Eminent domain is usually used to seize land — not loans — to serve the public good, as when local governments seize blighted properties. The San Bernardino effort would be the first widespread attempt at using eminent domain to seize residential mortgages.

The county and the cities last year formed the Joint Powers Authority to consider the eminent domain idea. On Thursday, members of the authority will consider seeking proposals from outside contractors to manage a homeowner-rescue program. Chaired by county Chief Executive Gregory C. Devereaux, the authority has the ability to enact a program without additional city and county approvals.

County spokesman David Wert said the authority had made no decisions and would consider a range of options to help homeowners. Devereaux was unavailable for comment, Wert said.

San Bernardino County was among the hardest hit by the housing bust, with plummeting prices trapping tens of thousands of homeowners in underwater mortgages. The county's housing market has just recently started to recover, as investors and cash buyers pour in looking for deals.

Last month, the median home price hit $180,000 in San Bernardino — a 20% rise year over year, although still down 53% from the county's $380,000 peak in November 2006, according to real estate research firm DataQuick.

The authority's draft request for a program manager does not specify how the program would work. But the pitch from Mortgage Resolution Partners — expected to contend for a management contract — calls for seizing the mortgages, writing down debt to match home values and refinancing the loans. Mortgage Resolution Partners on Tuesday provided The Times with a detailed breakdown of its plan.

The authority was created to discuss the eminent domain idea publicly after the San Francisco firm approached the county last year.

Ever since the authority's first meeting last July, advocates of the mortgage and investment industries have called the plan a government overreach that would nullify valid contracts and hurt the local housing market. The result would be protracted litigation, a surge in mortgage rates and a tightened market for borrowers with less-than-perfect credit, critics have said.

"Any proposal involving eminent domain will do more harm than good to the markets," said Tim Cameron, a managing director for the powerful Securities Industry and Financial Markets Assn., or SIFMA. "Put yourself in the position of an investor investing in a product: That is an additional risk, an unquantifiable risk … and that's the type of thing that causes premiums to go up."

Dustin Hobbs, a spokesman for the California Mortgage Bankers Assn., said the banking industry worries that the idea could spread to other communities.

"Hopefully, they will choose a direction that helps homeowners without eminent domain," Hobbs said. "It's pretty clear at this point that everybody is waiting to see what happens in San Bernardino first."

The plan from Mortgage Resolution Partners would have municipalities seize mortgages held in so-called private-label securities. Such mortgage bonds are composed of home loans that failed to meet the criteria for backing by government-sponsored mortgage giants such as Fannie Mae and Freddie Mac.

According to an analysis by Mortgage Resolution Partners, about 59,000 private-label security loans exist in San Bernardino County — with 42,000 of them underwater, which means borrowers owe more than the home's value.

Many such securities were backed by high-risk home loans that fueled the housing bubble. Mortgage Resolution Partners argues that these types of mortgages are ideal for seizure and principal reduction, because these securities are often valued less than the actual homes. That's because of the high likelihood of default.

In their plan provided to The Times, Mortgage Resolution partners gave a hypothetical example of how the program might work on a typical house.

If a house purchased for $400,000 in 2007 is now worth $200,000, a buyer might still owe $300,000. With a judge's permission, the city-county authority would seize the loan and pay the mortgage holder something less than $200,000 — an amount not specified in the example.

The authority would then help the homeowner get a new mortgage, probably one backed by the Federal Housing Administration, for $190,000, leaving the owner 10% equity in the new loan.

In reality, that process would be hard to pull off and probably would face legal challenges, Mortgage Resolution Partners acknowledges. Gluckstern, in an interview Tuesday, said his group would cover any legal costs and would be willing to press the case to the highest court that would take it up.

alejandro.lazo@latimes.com

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County official calls car leasing contract procedure 'embarrassing'

Auditors reviewing a $1.75-million car leasing contract given to a company with a politically connected lobbying firm found that Los Angeles County officials had failed to create a "truly competitive" process, but that there was no evidence of improper influence.

Investigators with the county auditor-controller's office reviewed the Enterprise Rent-a-Car contract at the request of Supervisor Michael D. Antonovich. A report by KCET-TV had raised questions about the way the business was awarded.

Enterprise was given a sole-source, five-year deal in March to provide 60 leased  vehicles to the county's Community Development Commission and to maintain the agency's existing fleet. Commission staff projected that outsourcing the fleet services would save about $300,000 a year.

The Nov. 28 report on KCET's "SoCal Connected" focused on the lobbying firm Englander Knabe & Allen and questioned whether its clients — including Enterprise — got an unfair advantage because partner Matt Knabe is the son of county Supervisor Don Knabe, who voted along with all the other supervisors to award the contract.

Both Knabes have said that their relationship has never posed a conflict, and a spokesman for the Englander firm has said Matt Knabe never lobbies his father directly.

The auditor-controller found no evidence of attempts to influence the rental car award. Matt Knabe told investigators that no one from his firm had lobbied on the contract, and the commission's executive director said he was "100% confident" the supervisor's son did not influence the process.

"The report shows that Matt acted professionally and used no undue influence in his dealings with the county," said Englander partner Eric Rose.

But the review did find that county staff did an "inadequate" job of trying to find other potential bidders.

Asked by KCET what vendors had been contacted and given a chance to compete for the business, a county analyst created a list to make it appear the department had reached out to 50 companies. In fact, only 16 firms had been contacted, auditors found. Enterprise was the only company that responded to the email request, and staff made no follow-up attempt to contact the other firms.

According to the auditor's report, the count of 50 vendors was originally used as a "place holder" in a template document and never corrected. By the time the contract was awarded, the contract analyst "felt he could not correct the number without embarrassment."

Investigators also found that the agency violated its own policy by not advertising the contract on the commission's or the county's websites, and that the contract should have gone through a full bidding process.

In addition, several vendors that contract officials emailed to invite interest had no "realistic potential" to provide a leased fleet to the county in the first place, the review concluded.

Investigators wrote that they couldn't determine whether the commission could have gotten a better deal but said "the potential for greater savings from a more competitive process appears to be plausible."

County auditor-controller Wendy Watanabe called the situation "embarrassing" but chalked up the issues to incompetence rather than intentional steering.

"I think they got lazy, they took a shortcut, and they didn't think it was that big of a deal," she said.

Watanabe said the investigation had focused on the Enterprise contract, so she could not say whether there was a broader issue with the agency's contracting process.

Commission representatives could not be reached Monday. The commission was slated to respond to the report's findings within 30 days.

abby.sewell@latimes.com

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I Might Be Too Old for Facebook Graph Search

On Sunday, I turned 30.

That’s not too old, I tell myself, yet the signs of aging are creeping in. Teenagers listen to music that I either haven’t heard of or believe to be mostly terrible. They use slang I don’t recognize, and I imagine my slang would sound to them like “groovy” or “far out” sound to me.

But for the purposes of our tech blog, the most notable sign is how much more active teens are on Facebook than I am. To hear it from my wife, who works with children and teens at her job, they’re constantly signed in and active, to the point that reaching them by voice call is unreliable. Send them a Facebook message, even during school hours, and they’ll respond right away. (The reality isn’t quite that extreme; according to a Pew survey, most teens communicate through text messages and phone calls more than Facebook, but e-mail is far behind.)

So when Facebook announces a new feature, like Graph Search, I imagine those teens getting the most use out of it. Graph Search lets you look up people, places, photos and other things using natural search queries. Think of it like Google for everything that your friends know; instead of searching the Web for somewhere to eat or something to do, you could just search through the collective wisdom of your network.

Here are some of the example searches on Facebook’s Graph Search home page:

• Music my friends like


• Restaurants in London my friends have been to


• People who like cycling and are from my hometown


• Photos before 1990

Being able to find all that information–and provide your own information for friends–sounds great. But unless you and your pals are putting lots of data in, you’re probably not going to get a lot of data out. I know for sure that I haven’t put much effort into connecting my real life story to Facebook, and as I poke around my network, I see that many of my friends haven’t either. They don’t check in to places they visit. They don’t “Like” everything that they actually like. They haven’t uploaded photos from before 1990. Collectively, we haven’t invested in making Graph Search as useful as it could be.

It might be different if I was part of the generation that uses Facebook more often. Though it’s hard to find data on how Likes and check-ins vary by age, younger users tend to have more Facebook friends than older ones, according to Edison Research, so at least they have a bigger base of people to work with. And according to a 2011 study, teens spend more time on the network per day than older users. If posting on Facebook is part of your social circle’s daily life–that is, it’s not just a way to see what old high school buddies are up to–I imagine Graph Search will be a lot more useful.

That’s not to say Graph Search won’t be of any value to someone like me. It could come in handy as a way to sort through photos, for instance. There’s also a chance that Facebook will improve the ways that it picks up on our interests, and integrate frictionless sharing so there’s less work involved in becoming an information source.

But while I plan to keep up with technology for a long time, I realize it’s hard to keep using social networks like a teenager when your friends are getting older too. Facebook isn’t part of my daily life anymore, so I can’t imagine rewiring my habits and turning it into a primary information source, especially if my friends aren’t doing the same.  It’s much easier to rely on the tools I already have, such as traditional search engines and sites like Yelp–just like it’s easy to stop keeping track of popular music or to pick up on new slang.

Graph Search is in “very limited” beta now, and users who want to try it can join the waiting list. I look forward to seeing what I can do with it, even if it’s not really for me. In the meantime, here’s to growing older.

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Michelle Obama wears Wu to the balls again

WASHINGTON (AP) — Michelle Obama made it a fashion tradition Monday night, wearing a custom-made Jason Wu gown to the inauguration balls. The ruby-colored dress was a follow-up to the white gown Wu made for her four years ago when she was new to Washington, the pomp and circumstance, and the fashion press.

She now emerged in velvet and chiffon as a bona fide trendsetter.

"I can't believe it. It's crazy," said Wu, reached at his Manhattan studio. "To have done it once was already the experience of my life. To have a second time is tremendous."

President Barack Obama also struck a similar style chord to his first-term inaugural balls: He wore a white tie with his tuxedo.

The red halter dress was the only one Wu, who went from fashion insider to household name on this night in 2009, submitted for Mrs. Obama's consideration. He collaborated with jeweler Kimberly McDonald on the jeweled neckline. "For this occasion, it had to be real diamonds," Wu said.

He said he felt the dress showed how he has grown up as a designer — and how Mrs. Obama's style has evolved to be even more confident.

The first family headed out to inaugural festivities earlier on Monday with Mrs. Obama leading a very coordinated fashion parade in a navy-silk, checkered-patterned coat and dress by Thom Browne that were inspired by a menswear necktie.

The outfit was specifically designed for Mrs. Obama, but Browne said he wasn't 100 percent sure she was going to wear it until she came out with it on at Inauguration. "I am proud and humbled," he said.

The rest of Mrs. Obama's Inauguration Day outfit included a belt from J. Crew, necklace by Cathy Waterman and a cardigan by Reed Krakoff, whose ensemble she also wore to yesterday's intimate, indoor swearing-in ceremony.

Obama wore a blue tie with his white shirt, dark suit and overcoat. Malia Obama had on a plum-colored J. Crew coat with the hemline of an electric-blue dress peeking out and a burgundy-colored scarf, and her younger sister Sasha had on a Kate Spade coat and dress in a similar purple shade.

"It is an honor that Sasha Obama chose to wear Kate Spade New York," said the company's creative director, Deborah Lloyd, in an email to the Associated Press. "She epitomizes the youthful optimism and colorful spirit of the brand. We are so proud to have been a part of this historic moment."

Jenna Lyons, creative director of J. Crew, said it was "a huge point of pride for all of us" to be a part of the day — as the brand was back in 2009 when the girls wore outfits by CrewCuts, its children's label.

"It's amazing to see the evolution of the family. I love the way Michelle looks. She looks beautiful in something so clean and tailored. It's such an elegant choice," Lyons said, "and they all look so sophisticated! You can see how the girls have grown up in the four years, and they're still so alive and vibrant, but more sophisticated."

The vice president's wife, Jill Biden, wore a gray coat and dress by American designer Lela Rose.

Mrs. Obama has worn Browne's designs for other occasions, including a gray dress with black lace overlay to one of the presidential debates last fall, and she honored him last summer at the Smithsonian's Cooper-Hewitt National Design Awards for his contribution to fashion.

Browne made his name in modern — very modern — menswear, but he launched womenswear in 2011. He was in Paris on Monday, just finishing previews for his next menswear collection. The idea to use the tie fabric came to him because he was indeed designing these men's clothes at the same time, he explained.

"I wanted 'tailored' for her. For me, she stands for strength and confidence, and that's what I wanted to design for her," he said.

Simon Collins, dean of the school of fashion at Parsons The New School for Design in New York, said the Obamas dressed in their typical fashion: one that shows pride in their appearance.

"They are a stylish couple and their children look fabulous. Too many people get dressed in the dark," he said. "They show it's good to dress up, take pride in how you look. ... It's a wonderful example for America and the rest of the world."

He also noted that the Obamas seem to understand that the fashion industry is a driving force in the U.S. economy and that its lobby is a powerful one. They don't treat fashion frivolously, he observed.

The first lady "is so supportive of so many American designers," Browne noted.

But Collins said he was a bit surprised the public doesn't pay much attention to the president's wardrobe. He joked that Obama should perhaps try one of Browne's signature shrunken suits — the ones that show a man's ankles.

At the end of the Inaugural festivities, Mrs. Obama's outfit and accompanying accessories will go to the National Archives.

___

Samantha Critchell tweets fashion at (at)AP_Fashion, and can be reached on Twitter at (at)Sam_Critchell.

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The New Old Age Blog: The Brutal Truth of 'Amour'

It has been a few days since I left the movie theater in a bit of a daze, and I’m still thinking about “Amour.”

So much of this already much-honored film rings utterly true: the way a long-married Parisian couple’s daily routines, their elegant life of books and music and art, can be upended in a moment. The tender care that Georges (Jean-Louis Trintignant) provides for Anne (Emmanuelle Riva) as multiple strokes claim her body and her mind, and the inexorable way that care wears them both down. Their withdrawal into a proud dyad that seeks and accepts little help from outsiders, even family. “We’ve always coped, your mother and I,” Georges tells their daughter.

The writer and director Michael Haneke’s previous movies, which I haven’t seen, tend to be described as shocking, violent, even punitive. “Amour,” which Times critic Manohla Dargis called a masterpiece, includes one brief spasm of violence, but the movie remains restrained, not graphic. It’s brutal only because life, and death, can be brutal.

Is popular culture paying more attention to aging and caregiving? In the last couple of years, I have written about these subjects surfacing in a YouTube series (“Ruth & Erica”), in movies like “The Iron Lady,” in novels like Walter Mosley’s “The Last Days of Ptolemy Grey.”

A couple of weeks back, watching a play called “The Other Place,” starring the remarkable Laurie Metcalfe, I suddenly realized that the dynamic physician and businesswoman onstage had some sort of early-onset dementia. Dementia seems a particularly popular subject, in fact. Intrinsically dramatic, it suffuses the Mosley novel and Alice LaPlante’s “Turn of Mind,” and some of my favorite movies about aging, “Away From Her,” “Iris” and “The Savages.”

“Kings Point,” Sari Gilman’s compelling documentary about a retirement community in Florida where nobody seemed to expect to grow old, just won an Oscar nomination for best short-subject documentary and will be shown on HBO in March. And “Amour,” which won the Palme d’Or at Cannes, is up for five Academy Awards, including best picture, best director and a best actress nomination for the 85-year-old Ms. Riva. (Academy voters: Just give it to her.)

A number of these artists, Mr. Haneke included, have spoken about their own experiences with aged relatives. Perhaps, as the population ages and more people confront the consequences, the stories our culture tells itself have evolved to include more old people, more caregivers. Or maybe I just want that to be true.

“Do not go see this,” my movie-going buddy had been warned, probably because her mother has dementia and friends who had seen the film wanted to spare her. I know some people found “Amour” too slow-paced or claustrophobic — like many elderly couples’ lives, it basically takes place in four rooms — or too grim. (If you’ve seen it, tell us what you thought.)

If you’re a full-time caregiver or you’re coping with a relative with dementia, perhaps you would prefer to spend your 2 hours 7 minutes of precious time off watching something funny. Escapism has its virtues.

But I found “Amour” unflinching and provocative and beautiful.

Paula Span is the author of “When the Time Comes: Families With Aging Parents Share Their Struggles and Solutions.”

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FAA steps up investigation of Boeing 787 Dreamliner

The investigation into battery problems on the much-heralded Boeing 787 Dreamliner expanded to the plane's Japanese battery manufacturer and the Arizona makers of other electronic components.

Federal Aviation Administration officials Monday joined authorities in Japan who are looking into the manufacturing process at the Kyoto maker of the lithium-ion battery that caught fire on two recent Dreamliner flights, prompting the FAA last week to ground the plane.

Federal regulators have already eliminated one potential cause of the battery problems: The National Transportation Safety Board concluded over the weekend that a battery that caught fire on a Dreamliner in Boston was not overcharged. The NTSB is an independent federal agency that investigates civil aviation accidents.

The Dreamliner, Boeing's most advanced commercial plane, has been plagued by mechanical problems, most recently the battery that caught fire on a Japan Airlines 787 in Boston on Jan. 7 and one that burned Jan. 16 on an All Nippon Airways 787 and prompted an emergency landing in southwestern Japan.

All Nippon and Japan Airlines, which combined operate more than half of all Dreamliners, have canceled flights on the plane through Jan. 28.

The outcome of the investigation could determine whether Boeing's $200-milion planes can get back in the air soon or must undergo a major redesign of their auxiliary power system.

Although older planes rely on much heavier hydraulic systems, the Dreamliner uses lithium-ion batteries and electronic motors, making the 787 lighter and 20% more fuel efficient than other wide-body planes.

The investigation into the battery problems continues as NTSB investigators head to Phoenix on Tuesday to talk to officials at UTC Aerospace Systems, the company that built the plane's auxiliary power controller.

They also plan to visit Securaplane Technologies, the Tucson aerospace component maker that builds the Dreamliner's battery charger.

Representatives for UTC and Securaplane said the companies will cooperate with the investigation.

"UTC Aerospace Systems is fully supporting the Boeing and the Federal Aviation Administration's joint review of 787 systems," said Dan Coulom, a spokesman for the company, who declined to comment further.

On Monday, Japan's transport minister sent investigators to GS Yuasa Corp., the manufacturer of the lithium-ion batteries. They returned Tuesday to continue the inquiry. An FAA investigator and a technical advisor are assisting the Japanese team in the investigation.

"We're checking whether the batteries for the 787 were made as designed and went through a complete quality-control process," said Tatsuyuki Shimazu, an engineer at the Civil Aviation Bureau in Japan.

The NTSB said Sunday that an examination of flight recorder data from the Japan Airlines 787 in Boston shows that the auxiliary power battery did not exceed its designed 32 volts. Photos released by the NTSB show a battery with a charred black interior and front panel.

Meanwhile, Boeing has not delayed production of the nearly 800 Dreamliner planes it has committed to deliver to dozens of airlines around the world.

The Boeing assembly plant in Everett, Wash., continues to build the planes at a rate of five a month but won't deliver any until the FAA lifts its order grounding the Dreamliner, Boeing spokesman Doug Alder Jr. said.

Boeing officials declined to discuss what, if any, compensation the Chicago plane manufacturer must pay the airlines for any setback in deliveries.

But aerospace analysts say that if the battery problems lead to lengthy delays, the carriers are likely to ask Boeing for compensation or a discount on the delivery of future planes.

"It's usually a gentleman's agreement that they are going to make some kind of recompense in some manner," said Wayne Plucker, the aerospace industry manager for the consulting firm Frost & Sullivan in Mountain View, Calif. "They don't like introducing lawyers into the mess."

If the investigation finds fault with the lithium-ion battery, Plucker said Boeing may have to turn to heavier nickel-cadmium batteries. A new battery would force Boeing to redesign its electrical system and add weight to the planes, he added.

"This could put them between a rock and a hard place," Plucker said.

But Richard L. Aboulafia, an aerospace analyst with Teal Group Corp., a research firm in Fairfax, Va., said he believes the problem could be as simple as a bad batch of batteries. Under such a scenario, the Dreamliner could replace the bad batteries and be back in the air quickly, he said.

But he added: "There's still an awful lot we don't know."

hugo.martin@latimes.com

Yuriko Nagano, special correspondent in Tokyo, contributed to this report.

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With Obama fundraising, Latinos demonstrate growing clout

WASHINGTON — Cecilia Soto-Loftus, co-founder of a Malibu party services company, was new to presidential politics when she started raising money for President Obama's reelection bid last year.

After pulling in more than $400,000, she is getting the red carpet treatment at this weekend's inaugural festivities, with invitations to a strategy briefing for top fundraisers, a VIP candlelight reception and the official inaugural ball.

The special access reflects the unusual role Soto-Loftus and other Latino fundraisers played in Obama's 2012 campaign, the first to focus on tapping Latino celebrities, lawyers, business owners and community leaders for cash. The effort, called the Futuro Fund, aimed to raise $6 million — and brought in more than $30 million.

"It really sent a strong message that we shouldn't be overlooked," said Soto-Loftus, a Boyle Heights native who hopes to be considered for an ambassadorship, perhaps to Costa Rica or the Bahamas. "And I think we have only hit the tip of the iceberg."

Though $30 million was a small slice of Obama's record $1.1-billion haul, the Futuro Fund inducted a new cohort of donors into national politics, and created a Latino fundraising network that other politicians are clamoring to access. Most importantly, the group's work demonstrated the growing clout of Latinos beyond the ballot box.

"This is practically the final frontier in terms of what we need to be doing as political players in this country," said Arturo Vargas, executive director of the National Assn. of Latino Elected and Appointed Officials. "We've had the elected officials. We've had the activists. We've had the voters. And now we have the donors."

Democrats are using the inauguration to cement ties with the new class of donors.

Obama named actress Eva Longoria, a co-founder of the Futuro Fund, as co-chairwoman of his inaugural committee. And on Sunday night, Vice President Joe Biden made a surprise appearance at a gala performance of legendary Latino artists including Jose Feliciano, Rita Moreno and Chita Rivera that Longoria hosted at the Kennedy Center. The event was the culmination of Latino Inaugural 2013, a three-day celebration organized by the Futuro Fund.

"In this election, you spoke in a way that the world — and I mean the world, as well as the United States — could not fail to hear," Biden said as he thanked the black-tie crowd.

The proximity to power has given Latino fundraisers a new avenue to push their policy agenda. During the campaign, Longoria and others pressed Obama to overhaul immigration laws. Now they aim to continue advocating for immigration reform, for more Latinos in the administration, and for a host of other issues.

"We're going to be able to have influence on what affects our communities, whether it's the economy or jobs or education or healthcare," Longoria said before taking the stage Sunday night.

"The work begins now," noted Henry R. Muñoz III, owner of a San Antonio architecture firm. "It's all about how we harness and leverage what we have been able to achieve."

He and Longoria started the fund with San Juan lawyer Andres Lopez, an early backer of Obama who was frustrated when few other Latino fundraisers participated in the 2008 campaign. "We hadn't shown our financial muscle and hadn't earned the respect at that very important table we thought we could earn," Lopez said.

In mid-2011, the trio made their pitch to Obama campaign manager Jim Messina and finance chairman Matthew Barzun during a meeting in Chicago: Make time for us on the president's fundraising schedule, and we will bring in money.

"We originally offered [to raise] $6 million, and they said, 'Do you think you can do 12?' And we said, 'We'll try,'" Muñoz recalled.

A large share came at high-dollar events, such as a fundraiser Obama headlined at the Los Angeles home of actors Antonio Banderas and Melanie Griffith. But organizers also worked the phones. Concern about the GOP presidential challengers, who quarreled in the primaries over who would be tougher on illegal immigrants, helped spur contributions.

Latino donors "just didn't feel that the Republicans even understood their point of view," Lopez said. "And frankly, a lot of them said, 'I've never been asked,' which was our hunch."

Alex Nava, a 36-year-old commercial litigation lawyer in San Antonio, had given a few hundred dollars to Obama's 2008 campaign. He felt little incentive to give more, he said, because "any money I gave would be lost in the larger shuffle."

Then Muñoz called and explained how they hoped to demonstrate Latino fundraising power.

"I wanted to be part of that," said Nava, who donated the $5,000 maximum to the 2012 campaign.

A similar sentiment motivated Amalia Perea Mahoney, a 59-year-old art gallery owner in Chicago. Mahoney volunteered for Obama's campaign in 2008, but had never raised money. That changed after she attended a Futuro Fund briefing at Obama headquarters.

"I thought it was a great tool to get the Latinos a seat at the table," said Mahoney, who ultimately brought in between $200,000 and $500,000.

Some of the wooing was done by Obama, who met with about 20 prominent Latinos at a Washington hotel in early 2012.

"We felt part of the process, not just on the bleachers watching," said Ralph Patino, a 55-year-old trial lawyer in Coral Gables, Fla. He now has a photo of Obama with the group displayed in his law firm.

He and his wife, Elizabeth, gave more than $150,000 to the campaign and the Democratic Party, along with nearly $10,000 to the inaugural committee. They were among top donors who met the president and first lady, as well as Biden and his wife, at the White House on Friday.

Elizabeth Patino, a 37-year-old lawyer, said she was now contemplating jumping into politics, perhaps running for city commissioner this spring.

"I didn't know that I had this piece in me that really likes the political world," she said. "I was always somewhat afraid of it. But seeing how Latinos could come together and make such a great impact on a national level — it's just intoxicating."

matea.gold@latimes.com

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Why Google Isn’t Scared of Facebook’s Graph Search

Facebook may have just released a major search product that many are saying “declares war” on Google or may at least put the social network “on a collision course” with the search giant, but Google CEO Larry Page doesn’t sound all that worried about the new competition. Because who said Facebook and Google couldn’t get along someday? In an interview for the new issue of Wired published just two days after Facebook’s Graph Search came out to so-so reviews, Page tells Steve Levy that Facebook is “doing a really bad job on their products.” But before you laugh off that swipe — Google Buzz flopped, Google killed Reader, and Google+ has a loyal but relatively small user base — Page wants to remind everyone that Facebook isn’t direct competition, that these two Silicon Valley giants are too big for either to fail. “We’re actually doing something different,” Page tells Levy. “I think it’s outrageous to say that there’s only space for one company in these areas.”

RELATED: Three Things Google+ Can Learn from Myspace

That’s not to say Page isn’t making Google go social, or that Facebook isn’t in his rearview mirror. Facebook CEO Mark Zuckerberg has long talked about the rise of social search, and Page has taken a vested interest of late in getting people to use Google+ — even if they don’t want to. In an attempt to conquer the space, direct orders from Page forcefully integrated Google’s social network into its main search results… and pretty much everywhere else its products touch. If it were up to Larry Page, Google would require a Google+ account just to read reviews. His evaluation of Google+ as it stands? “I’m very happy with how it has gone. We’re working on a lot of really cool stuff. A lot of it has been copied by our competitors, so I think we’re doing a good job.”

RELATED: FTC Is Officially Looking into Google’s Self-Promoting Search Features

Critics might beg to differ — Google+ is often referred to as a lesser “Facebook copycat” from the search king — but critics are now comparing Facebook’s search product (which was announced before the Wired interview with Page was conducted) to Google’s main offering. And from a product standpoint, Facebook may have yet to train its users to give Graph Search what it needs to be great. Furthermore, business analysts seem to agree that Facebook’s social recommendation engine won’t hurt Google’s core business … in the near future. But Zuckerberg said at Tuesday’s announcement that Facebook wasn’t focused on the business side of Graph Search just now — even if it does offer huge advertising potential. At the same time, Graph Search could take away eyeballs (and ad dollars) from Google. If Facebook, with its friend-powered engine, ends up giving “better” results than Google for recommendations on restaurants, travel, books, music, and movies — a domination Google is still fighting anti-trust charges over — then why end up Googling at all?

RELATED: The New Google+ Aims to Perfect Procrastination

Well, even Page might think Facebook and Google can complement each other — sort of. To wit, he asked Levy: “For us to succeed, is it necessary for some other company to fail? No.” As Zuckerberg said on Tuesday, “our mission is to make the world more open” by giving people tools to connect. And Google’s stated mission ”is to organize the world’s information and make it universally accessible and useful.” Are those so similar that they can’t get along? After all, that could be the future of search: You go to Facebook to see what your friends and the people you trust have to say, and then you head to Google for the facts. Of course, neither Facebook or Google wants the future that way, exactly: Facebook has actually teamed up with Microsoft to complement Graph Search, sending people to Bing for those fact-finding, Google-style queries; Google, meanwhile, as Google+ as its social-search equivalent of Graph Searching. And users don’t really want to go to so many different places for basic information that’s built to make their lives easier. Part of the reason people have stuck with Google, despite all of its privacy and anti-trust issues, is that the company’s ultimately done a really good job on their products — GMail, Google Drive, Reader, and their fellow “apps” have become an integral part of our Internet lives. Facebook wants that role, and if social search ends up working — well, then why not chat on Facebook, email (and make phone calls) with Messenger, sext with Poke, and read your news via the News Feed? 

RELATED: Why Google Really Wants You to Use Google+ This Year

Of course, Page said all this stuff weeks ago. And who knows how Graph Search is going over at Google headquarters. Maybe he just he meant a different product that was so… bad. Or maybe he really just doesn’t get Poke? Either way, Larry Page knew this fight was coming. The whole world did.

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First lady wears Thom Browne coat and dress

WASHINGTON (AP) — First Lady Michelle Obama is wearing a navy Thom Browne coat and dress.

The fabric for the first lady's Inauguration Day attire was developed based on the style of a man's silk tie. The belt she is wearing is from J.Crew and her necklace was designed by Cathy Waterman. She is also wearing J.Crew shoes.

Her daughter Malia is also wearing a J.Crew ensemble. Sasha Obama is wearing a Kate Spade coat and dress.

At the end of the Inaugural festivities, the first lady's outfit and accompanying accessories will go to the National Archives.

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Well: A Check on Physicals

“Go Beyond Your Father’s Annual Physical. Live Longer, Feel Better”

This sales pitch for the Princeton Longevity Center’s “comprehensive exam” promises, for $5,300, to take “your health beyond the annual physical.” But it is far from certain whether this all-day checkup, and others less inclusive, make a meaningful difference to health or merely provide reassurance to the worried well.

Among physicians, researchers and insurers, there is an ongoing debate as to whether regular checkups really reduce the chances of becoming seriously ill or dying of an illness that would have been treatable had it been detected sooner.

No one questions the importance of regular exams for well babies, children and pregnant women, and the protective value of specific exams, like a Pap smear for sexually active women and a colonoscopy for people over 50. But arguments against the annual physical for all adults have been fueled by a growing number of studies that failed to find a medical benefit.

Some experts note that when something seemingly abnormal is picked up during a routine exam, the result is psychological distress for the patient, further testing that may do more harm than good, and increased medical expenses.

“Part of the problem of looking for abnormalities in perfectly well people is that rather a lot of us have them,” Dr. Margaret McCartney, a Scottish physician, wrote in The Daily Mail, a British newspaper. “Most of them won’t do us any harm.”

She cited the medical saga of Brian Mulroney, former prime minister of Canada. A CT scan performed as part of a checkup in 2005 revealed two small lumps in Mr. Mulroney’s lungs. Following surgery, he developed an inflamed pancreas, which landed him in intensive care. He spent six weeks in the hospital, then was readmitted a month later for removal of a cyst on his pancreas caused by the inflammation.

The lumps on his lungs, by the way, were benign. But what if, you may ask, Mr. Mulroney’s lumps had been cancer? Might not the discovery during a routine exam have saved his life?

Logic notwithstanding, the question of benefits versus risks from routine exams can be answered only by well-designed scientific research.

Defining the value of a routine checkup — determining who should get one and how often — is especially important now, because next year the Affordable Care Act will add some 30 million people to the roster of the medically insured, many of whom will be eligible for government-mandated preventive care through an annual exam.

Dr. Ateev Mehrotra of the University of Pittsburgh School of Medicine, who directed a study of annual physicals in 2007, reported that an estimated 44.4 million adults in the United States undergo preventive exams each year. He concluded that if every adult were to receive such an exam, the health care system would be saddled with 145 million more visits every year, consuming 41 percent of all the time primary care doctors spend with patients.

There is already a shortage of such doctors and not nearly enough other health professionals — physician assistants and nurse practitioners — to meet future needs. If you think the wait to see your doctor is too long now, you may want to stock up on some epic novels to keep you occupied in the waiting room in the future.

Few would challenge the axiom that an ounce of prevention is worth a pound of cure. Lacking incontrovertible evidence for the annual physical, this logic has long been used to justify it:

¶ If a thorough exam and conversation about your well-being alerts your doctor to a health problem that is best addressed sooner rather than later, isn’t that better than waiting until the problem becomes too troublesome to ignore?

¶ What if you have a potentially fatal ailment, like heart disease or cancer, that may otherwise be undetected until it is well advanced or incurable?

¶ And wouldn’t it help to uncover risk factors like elevated blood sugar or high cholesterol that could prevent an incipient ailment if they are reversed before causing irreparable damage?

Even if there is no direct medical benefit, many doctors say that having their patients visit once a year helps to maintain a meaningful relationship and alert doctors to changes in patients’ lives that could affect health. It is also an opportunity to give patients needed immunizations and to remind them to get their eyes, teeth and skin checked.

But the long-sacrosanct recommendation that everyone should have an annual physical was challenged yet again recently by researchers at the Nordic Cochrane Center in Copenhagen.

The research team, led by Dr. Lasse T. Krogsboll, analyzed the findings of 14 scientifically designed clinical trials of routine checkups that followed participants for up to 22 years. The team found no benefit to the risk of death or serious illness among seemingly healthy people who had general checkups, compared with people who did not. Their findings were published in November in BMJ (formerly The British Medical Journal).

In introducing their analysis, the Danish team noted that routine exams consist of “combinations of screening tests, few of which have been adequately studied in randomized trials.” Among possible harms from health checks, they listed “overdiagnosis, overtreatment, distress or injury from invasive follow-up tests, distress due to false positive test results, false reassurance due to false negative test results, adverse psychosocial effects due to labeling, and difficulties with getting insurance.”

Furthermore, they wrote, “general health checks are likely to be expensive and may result in lost opportunities to improve other areas of health care.”

In summarizing their results, the team said, “We did not find an effect on total or cause-specific mortality from general health checks in adult populations unselected for risk factors or disease. For the causes of death most likely to be influenced by health checks, cardiovascular mortality and cancer mortality, there were no reductions either.”

What, then, should people do to monitor their health?

Whenever you see your doctor, for any reason, make sure your blood pressure is checked. If a year or more has elapsed since your last blood test, get a new one.

Keep immunizations up to date, and get the screening tests specifically recommended based on your age, gender and known risk factors, including your family and personal medical history.

And if you develop a symptom, like unexplained pain, shortness of breath, digestive problems, a lump, a skin lesion that doesn’t heal, or unusual fatigue or depression, consult your doctor without delay. Seek further help if the initial diagnosis and treatment fails to bring relief.

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