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11-13-2012, 09:18 AM
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Location: Scottsdale, AZ.
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Originally Posted by cbcwpg View Post
Speculators..... there are no investors in this mess, they are all speculators.

The CoG does boggle the mind though.

How hard would it be for the CoG to come out and say " You want our money? Fine... then before we give you our money, we want you ( Jamison ) and everyone else who will be owners of this team, to be at the next council meeting so we can all see who we are giving our money to. And if this is too inconvenient, then too bad, you don't get our money. "

These people are actually going to give $320M to a nameless / faceless entity. Jamison is just a figurehead IMO. The real owners are as of yet, unknown.
Of course that would be the only appropriate action to take. The Council has an indisputable fiduciary responsibility to its citizens to procure as much due diligence as is possible. This group seems incapable of asking the hard questions, preferring to bury their heads in the sand and give away the taxpayers money without inspection. Sorry to be political but this entire charade reminds me of a similar set of miscues and going on in our nations Capital. In both cases the perpetrators are attempting to put one over on the taxpayers without once considering the long term consequences of their actions. In the end, in both cases the taxpayer gets abused by the power hungry politicians who have absolutely no money in the game and therefore do not care for anything but their own legacies!

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