Phoenix LXVI: Get Your Kicks On Thread LXVI
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12-15-2012, 06:54 PM
Join Date: Aug 2009
Location: The Anxiety Closet
Originally Posted by
Is it really speculation for Hulsizer? They couldn't sell the bonds to buy the parking lots they own so he walked away. He thewn failed to buy the Blues which confirmed the other speculation: that he didn't have the cash to buy, let alone operate, an NHL team.
Glendale could have still tried to sell the bonds. GWI's involvement (or interference depending on who you talk to
) drove the costs of servicing them up. And there was still the threat of a lawsuit.
The Blues purchase was a completely different transaction with different parameters. We just got done discussing on the last three pages or so about how you can't compare any two scenarios.
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