Developers Lose Money on Ski Resorts, Seek to Sue The BankBy Rocky Thompson on July 29th, 2011
You wouldn’t pay for our crappy, overpriced ski resort homes at Idaho’s Tamarack Resort and Montana’s Yellowstone Club? Well, we want the money anyway. Two resorts that developed the hell out of their property and then didn’t sell anything are seeking to win back some money from Credit Suisse. They’re saying the bank engaged in predatory lending and overinflated the value of these supposed investments.
You can sue for making bad choices now? It’s so nice that no one’s responsible for their own decisions anymore.