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Billionaire shopping mall mogul Rick Caruso has decided to take himself out of the running for mayor of LA. In a statement released Thursday, he said in part: "As a lifelong Angeleno, I have dedicated my career to supporting Los Angeles through world-class developments, creating jobs and economic benefits and in working with civic and community organizations throughout Los Angeles. I look forward to continuing to contribute to our city by focusing on endeavors that enrich the lives of the people in this city." The LA Times has his full statement. [LAT]