Tuesday, November 11, 2008

Down the Slope and Off a Cliff: Yellowstone Mountain Club LLC Files Bankruptcy

Yellowstone Mountain Club LLC has filed for bankruptcy proving that this economic carnage will last a while and hit businesses that are marketed to all tiers of wealth. These guys were selling multi-million dollar lots in Montana fairly close to the Yellowstone park. This done even prior to the thick of the ski season is also a consideration.

Perhaps the idiots who think we are not in a recession or that the recession will be dipped in with a quick recovery due to elected figurehead miracle worker will re-visit here in a year to take a close look at the cold, hard, and utmost predictable facts.

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