"In Tucson, where we spent the winter, the two largest, very fancy expensive hotels have filed for bankruptcy. The newspaper said they probably won't actually be foreclosed because "too much money is involved." So a negotiated settlement will be made with 'new' owners and the beat goes on. The small business up the street isn't so fortunate, he does close, people lose jobs and the people holding the paper foreclose."
AHHH. Good old, "Too Big To Fail". That one ranks right up there with the "Let Us Renegotiate the Mortgage We Never Should Have Purchased Because We Couldn't Afford It". Sometimes I wonder what happened to Capitalism and the Free Market, where failure makes the market stronger.
"Trust, but verify" - Russian Proverb, as used by Ronald Reagan