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Old 03-01-2011, 11:33 AM   #23
Cecil Terwilliger
That Crazy Guy at the Bus Stop
 
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Join Date: Jun 2010
Location: Springfield Penitentiary
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Quote:
THE Goldwater Institute called Matthew Hulsizer's bluff on Monday and no imminent resolution appears upcoming in the ongoing saga of the Phoenix Coyotes sale.

"Moody's and S&P both already downgraded Glendale's general bonds due to excessively high levels of debt. Any investor with a head on his shoulders should be nervous about buying bonds to back a corporate subsidy that appears to be an illegal deal in violation of the Arizona constitution," said Olsen, in an email to the Free Press.

http://www.winnipegfreepress.com/spo...117135928.html
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