Quote:
Originally Posted by Sidney Crosby's Hat
Except, at the current interest rate (8%) and the threat of litigation, it is impossible to sell these bonds and Goldwater knows that.
Glendale needs to find a plan B and fast because these bonds aren't selling.
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You missed the point. Goldwater's involvement has all but guaranteed that the taxpayers lose $100mil+ with next to no chance of recouping the loss. Great tax payer advocacy there, not that I expected anything more after looking at some of the people involved with the group.