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May 26, 2011
May 25, 2011
SandBox Comments: Vail Daily "Cordillera Club slaps boards with $96.5 million lawsuit"
No surprise here.
The real troubles, the rifts, hard feelings and massive debt; up in Cordillera started during construction phases.
Who's really to blame in all this brouhaha?
Owner/Developers who were not only greedy but lax in operations?
Or is it the greed of the clients and homeowners who cut corners and pushed construction workers into such low-ball bids some actually went under?
Or maybe it's the bank that funded it all with wild abandon. The same bank trying to bail on it now.
How about all sides?
Maybe they deserve living up there together now. This will be an interesting lawsuit to watch unfold.
The real troubles, the rifts, hard feelings and massive debt; up in Cordillera started during construction phases.
Who's really to blame in all this brouhaha?
Owner/Developers who were not only greedy but lax in operations?
Or is it the greed of the clients and homeowners who cut corners and pushed construction workers into such low-ball bids some actually went under?
Or maybe it's the bank that funded it all with wild abandon. The same bank trying to bail on it now.
How about all sides?
Maybe they deserve living up there together now. This will be an interesting lawsuit to watch unfold.
(Learn more? Click on header to read article or start discussion in comments below)
May 23, 2011
SandBox Comments: Eagle County Times "Cordillera Golf Club – Playing Poker with their Greens"
ECT's headliner this week is the ongoing high stakes up in Cordillera.
Everyone knows a lot of the avatars who follow SandBox are in the construction industry.
Many of them having had a great deal to do with building out Cordillera.
As the Wilhelm Family Trust has continued to do their shuck and jive dance with Cordillera Homeowners over the past year and a half; we have tossed the media reporting up here on The Box.
There are lots of 'secrets' up in Cordillera when it comes to the debt and the development goings on.
How fitting that Alpine Bank is the majority note holder for the Wilhelm Family Trust.
The bank with a lot of questionable activity spanning the past few years is suddenly trying to ditch a 'good buddy' in that good 'ol boy club of construction development.
This will be a continually unfolding story and SandBox Nanny is glad to see 'Casino Royale' and her favorite ECT guys on top of it.
Everyone knows a lot of the avatars who follow SandBox are in the construction industry.
Many of them having had a great deal to do with building out Cordillera.
As the Wilhelm Family Trust has continued to do their shuck and jive dance with Cordillera Homeowners over the past year and a half; we have tossed the media reporting up here on The Box.
There are lots of 'secrets' up in Cordillera when it comes to the debt and the development goings on.
How fitting that Alpine Bank is the majority note holder for the Wilhelm Family Trust.
The bank with a lot of questionable activity spanning the past few years is suddenly trying to ditch a 'good buddy' in that good 'ol boy club of construction development.
This will be a continually unfolding story and SandBox Nanny is glad to see 'Casino Royale' and her favorite ECT guys on top of it.
(Learn more? Click on header to read article or start discussion in comments below)
May 22, 2011
SandBox Comments: Aspen Daily News/Dave Danforth "The great game"
"...But when politicians invite scrutiny and challenge the press to prove true rumors they claim to be rubbish, they can’t be surprised when the press does exactly that. Here’s what’s odd: that such politicians themselves know the reports are true and yet provoke a game, the rules of which are: Seek and ye shall find...."
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