May 20, 2009
– Comments (2)
I believe fellow bloggers will enjoy the tone that is used in this piece.
Is California Too Big Too Fail?
I would not give them a cent to avoid BK - these people are not poor, and can well afford to pay off their lenders. They are just refusing to pay their bill - and they will continue to refuse as long we let them get away with it.
Just the real estate surrounding Lake Tahoe must be in the trillions.