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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.
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GWI knows that they can just threaten a lawsuit and it will force the bonds to plummit more, leaving the likelyhood of the COG giving up. Coyotes fans may hate GWI but the 90% rest of the population won't even notice.