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WTF? $847 Million in debt? That is a massive amount for such a relatively
small company . . . a lot of pigs at that trough . . .
On Wed, Mar 11, 2009 at 9:21 AM, vpFREE Administrator <vpfreeadmin@cox.net>wrote:
http://www.lvrj.com/business/41077907.html
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Thanks,
Dennis
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Pigs get fat, Hogs get slaughtered........
WTF? $847 Million in debt? That is a massive amount
for such a relatively
small company . . . a lot of pigs at that trough . .
.> http://www.lvrj.com/business/41077907.html
>
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href="http://www.lvrj.com/business/41077907.html">
> http://www.lvrj.com/business/41077907.html</a>
>
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> This link is posted for informational purposes and
doesn't
> constitute an endorsement or approval of the
linked article's
> content by vpFREE. Any discussion of the article
must be done
> in accordance with vpFREE's rules and policies.
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>
>
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Thanks,Dennis
______________________________
Read about my weight-loss journey:
http://www.healthstewards.com/member_detail.php?id=76&selected=1
--- Dennis Salguero <salguero@gmail.com> wrote:
On Wed, Mar 11, 2009 at 9:21 AM, vpFREE > Administrator > <vpfreeadmin@cox.net>wrote:
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WTF? $847 Million in debt? That is a massive amount for such a relatively
small company . . . a lot of pigs at that trough . . .
Yep, that's the problem, apparently Herbst forgot to factor in the interest payments:
Troy Herbst said. "Even now, our casinos and our routes are generating positive cash flow. They are making money. It's just the debt that has overwhelmed us."
Of course what do they care, they don't have to pay any of it and the party was fun while it lasted.
Another sign of the times ...
--- In vpFREE@yahoogroups.com, Dennis Salguero <salguero@...> wrote:
On Wed, Mar 11, 2009 at 9:21 AM, vpFREE Administrator > <vpfreeadmin@...>wrote:
> http://www.lvrj.com/business/41077907.html
>
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> http://www.lvrj.com/business/41077907.html</a>
>
> ************************************************
>
> This link is posted for informational purposes and doesn't
> constitute an endorsement or approval of the linked article's
> content by vpFREE. Any discussion of the article must be done
> in accordance with vpFREE's rules and policies.
>
> ************************************************
>
>
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Thanks,Dennis
______________________________
Read about my weight-loss journey:
http://www.healthstewards.com/member_detail.php?id=76&selected=1[Non-text portions of this message have been removed]