Friday, January 09, 2009

It's All A Matter Of Balance....


VSun's Rolfsen and Lee have filed on the Not-Quite Billion Dollar Boondoggle, and the big problem is, apparently, just a little matter of 'balance'.....

"Senior city management, who briefed reporters on the condition that no names would be used, said Fortress stopped providing on its $750 million loan when it concluded Millennium was "out of balance" on its commitments........."


Fortress is saying Millenium is out of 'balance'.

That's rich.

Intrawest rich.

Clearly, we've been 'Ponzied'.

FABula's first Globe filing is up.....not much additional there, there (yet).


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