Entrepreneur. Builder. Governor? Rick Caruso on LA Fires and Running Government Like a Business | Money Rehab with Nicole Lapin Podcast

Today, Nicole records her first interview from her rebuilt studio—seven months after losing her home in the LA fires—and her guest, Rick Caruso, is the perfect person to mark the moment.

Known for developing iconic LA institutions like The Grove and Palisades Village, Caruso has also become a key figure in the city’s wildfire recovery. Nicole and Rick break down what went wrong during the wildfires, the financial fallout for homeowners, and who should be held accountable. They also discuss how families can safeguard their homes and wealth—and of course, Nicole asks the question on everyone’s mind: will we see Rick on the ballot for mayor— or even governor?

00:00 Meet Rick Caruso

01:05 Rick Caruso's Background and Philanthropy

02:05 What Went Wrong in the LA Fires

06:17 Legal Issues and Victim Settlement Funds

08:32 Should There Be a Recall?

09:45 Do's and Don'ts of Running Government Like a Business

15:40 Steadfast LA and Community Rebuilding

22:11 Challenges with SBA Loans

23:05 Should LA Give Up the Olympics?

25:01 Caruso for Governor?

31:09 Who Doesn't Text Rick Caruso Back

36:59 Advice to Help Families Protect Themselves From Disaster

39:26 How to Show Money Rehab Some Love

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