How Credit Suisse loans crashed at Tamarack, other resorts
Submitted by David Staats on Tue, 03/17/2009 - 11:22am.
The Bloomberg news service has posted an in-depth story about Credit Suisse's financing of luxury resorts. The story focuses heavily on Tamarack Resort and features an interview with developer Jean-Pierre Boespflug, who says the Swiss bank's loan offer in 2006 was so sweet it "like putting candy in front of a 4-year-old." Read Credit Suisse Resort Loans Default From Beverly Hills to Idaho.
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They're Suisse, they had to suck.
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Gilligan inhaled
Staats, are you actually paid to write for the Statesman?
....because Buddy, if they're paying you on the basis of output---it's no wonder McClatchy stock is in the toilet.
Corruption as usual
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Hope this helps.
The Bloomberg news service
The Bloomberg news service has posted an in-depth story about Credit Suisse's financing of luxury resorts it is good for every one..
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