GOVERNMENT: Relief Fund for Rodeo Drive

Relief Fund for Rodeo Drive

About the only taste of life's grittiness that the wealthy residents of Beverly Hills have ever known was the time a bum showed up at the posh home of a local manufacturing executive. And that was just a movie, Down and Out in Beverly Hills. But last week the U.S. Department of Housing and Urban Development stunned everyone on glitzy Rodeo Drive by placing Beverly Hills on a list of 10,000 economically "distressed" cities. As such, the home of the stars, where the average household has an annual income of $41,000 and many residents make a hundred times that amount, technically...