Yellowstone Club files for Bankruptcy - owes $343 Million to creditors

what the fuck, they spent to much money and now they want the tax payers to bail them out. Fuck that. suck on it you elitist fucks. you will just have to ski the same runs as the rest of us.

But if they don't get the money to open, that will be some damn good skiing right off Big Sky.
 
"Over the next two years Tim Blixseth bought a chateau in France, a golf

resort in Scotland, a villa in Mexico and an estate in the Caribbean."

damn i wish i had a chateau
 
where is the bailout for the people in america who have been responsibly with their money?

god dammit i want a bailout!
 
I really, really dislike having to live next to these people. There isn't much that would make me happier than seeing all them financially ruined--save for seeing them do something with their money that benefits someone other than themselves...ahhh, but they "earned" their place in society. I will bow down and feel sympathetic now.
 
Let the club sink, let a public venture open up there instead, and let the bills actually be paid.

They defaulted on multi-million dollar loans back in 2005, yet were still buying new property and million dollar ventures.
 
I worked on the golf course there this summer and probably played almost 15 rounds of golf on the clock, it was so dope. Yeah shit was shaky all summer up there, this wasn't really a big surprise. Their clientele are so loaded, it's going to be interesting to see how this pans out.
 
the main problem is that by going chapter 11, they will protect themself from those creditors, so the working people who built those houses, and did work for them on credit won't get a dime while the rich stay rich.
 
Exactly, fuck bailouts. If you let the system work things out the it's supposed to, everything would take of itself. If you run your business and spend your money wisely, then you'll be fine. If you don't, then you deserve to get pwn3d.
 
Seize everything and sell it off. $343 million in debt and an estimated $778 million in assets? Fuck the club, those debts should be paid. Even a fire sale should be able to recoup the money.
 
so i get to pay for bailouts of people that cant keep their financial states under control. whats fair about that, if they get a bailout, then i want a bailout too!!!!!!!!

 
fuck the club, i work up there and cant stand the people, i hope it closes and we can shred the fuck outa that place
 
yeah, i have no problem with letting that place fail. if you cannot run your company profitably than you do not deserve to run a business. especially since its only a 8 year old business/ resort.
 
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