<P> In 1984, the city hosted the Summer Olympic Games for the second time . Despite being boycotted by 14 Communist countries, the 1984 Olympics became more financially successful than any previous, and the second Olympics to turn a profit until then--the other, according to an analysis of contemporary newspaper reports, being the 1932 Summer Olympics, also held in Los Angeles . </P> <P> Racial tensions erupted on April 29, 1992, with the acquittal by a Simi Valley jury of the police officers captured on videotape beating Rodney King, culminating in large - scale riots . They were the largest riots in US history causing approximately $1.3 billion in damage as well as 53 deaths and over 2,000 injuries . </P> <P> In 1994, the 6.7 Northridge earthquake shook the city, causing $12.5 billion in damage and 72 deaths . The century ended with the Rampart scandal, one of the most extensive documented cases of police misconduct in American history . </P> <P> In 2002, voters defeated efforts by the San Fernando Valley and Hollywood to secede from the city . </P>

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