Homeowners Battle for Billions to Rebuild a Year After LA Fires

Many Los Angeles residents are facing a difficult reality as they recover one year after the Eaton and Palisades blazes killed 31 people and charred almost 40,000 acres. Rebuilding is possible, but only for those who can negotiate deals, absorb losses or take on risk. Even then, the money often doesn’t add up. As the toll of the devastation comes into clearer view, disputes over who will bear the cost are escalating. Bloomberg News Los Angeles Bureau Chief John Gittelsohn joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)