On Wed, Apr 16, 2008 at 10:32:48PM -0600, Steve Meyers wrote: > > They got approved for a loan from the federal government that never > actually came through.
So the whole thing was premised on federal corporate welfare. That alone makes it suspect. Government involvement in business, from John Law on, has always produced less than optimal results. > In the meantime, they've had to basically halt their buildout. > They've decided to give up on the feds, and are basically > consolidating their existing loans into a single loan that doesn't > rely on the feds. The feds finked out, and now they're forced to do what they should have done in the first place: rely on the market for funding. Doh! -- Charles Curley /"\ ASCII Ribbon Campaign Looking for fine software \ / Respect for open standards and/or writing? X No HTML/RTF in email http://www.charlescurley.com / \ No M$ Word docs in email Key fingerprint = CE5C 6645 A45A 64E4 94C0 809C FFF6 4C48 4ECD DFDB
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