Posted: Jun 23, 2012 12:09 PM by CJ, The Associated Press
HONOLULU (AP) - The people living on a rural Hawaiian island set to be bought by billionaire Oracle Corp. CEO Larry Ellison have a laundry list of what they want him to provide.
Working-class residents on Lanai want stable jobs and affordable housing, among other things. They hope Ellison is willing to sit down, listen to their concerns and be sensitive to the unique culture of Hawaii.
But residents here are largely dependent on whoever owns 98 percent of the island's 141 square miles.
Bill Medeiros oversees Lanai for Maui County. He says Lanai needs an owner with deep pockets willing to bear a financial loss.
That's soon to be Ellison, an adventurous billionaire who needs the island a whole lot less than the people of Lanai need him.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at email@example.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Watch Daybreak Web Videos in full
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties