Los Angeles billionaire Eli Broad, shown here during an interview in November 2006, told the Associated Press that he considers newspapers a "civic trust." Broad and fellow billionaire Ron Burkle made a new offer to buy Tribune Co. on March 29, saying their bid tops an offer from Chicago real estate magnate Sam Zell. Broad is one of the founders of KB Home, which was created in 1957 as Kaufman and Broad Home Corp. He also founded SunAmerica Inc., a financial firm that he sold to American International Group in 1998 for $18 billion.
AP photo by Reed Saxon
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