Monday, January 26, 2009

Re: City heavily invested in Convention Center

You make good points in this story but it also serves as a great example to the ignorance about the true realities of the financing on this project.

With the exception of a select few at Stevens and Lee, who dreamed up this scam to benefit Penn Square Partners, and the top management at PSP, no one truly understands all of the intricacies of the financing. That includes the County Commissioners, the Mayor, the LCCCA, RACL, the monopoly print media, and our other elected officials.