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Developers out of Dakota Mountain Lodge - The Park Record

Full story: Park Record

Earlier this month Goldman Sachs, a participating lender in the creation of the Dakota Mountain Lodge, took over full ownership of the property from Lee Hindin's DuVal Development Partnership.

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Tom
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#1
Nov 3, 2009
 
The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled-dry American empire, reads like a Who's Who of Goldman Sachs graduates.

-----Matt Taibbi in Rolling Stone, July 9-13, 2009 issue
BURNED

Kamas, UT

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#2
Nov 4, 2009
 
Tom, are you saying poor Mr. Hindin was taken advantage of??
Refred - Park City

Knoxville, TN

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#3
Nov 4, 2009
 
The Dakota "Hilton" will soon be just another rat trap like everything else in The Canyons. Hopefully, they can enlist the help of those wonderful Time Share Sales people on Main Street to push that hole.
Goldman

Gaithersburg, MD

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#4
Nov 4, 2009
 
Tom, you need a reality check (and perhaps a change in your meds). Hindin defaulted on the Dakota Mountain Lodge loan and the Steve Young loan. What would you have done?
Canyons home owner
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#5
Nov 4, 2009
 
The problem at the Canyons is, and always will be Kenny Griswold. Until this town runs that socialpath out fo town, the Canyons will ALWAYS have problems. Go back to LA Kenny, you're not wanted here.
Tom
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#6
Nov 4, 2009
 
BURNED wrote:
Tom, are you saying poor Mr. Hindin was taken advantage of??
Not at all. Just pointing out who wins every game.

I just saw this too:

http://norris.blogs.nytimes.com/2009/11/02/wo...

it's pretty endless.
Tom
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#7
Nov 4, 2009
 
Goldman wrote:
Tom, you need a reality check (and perhaps a change in your meds). Hindin defaulted on the Dakota Mountain Lodge loan and the Steve Young loan. What would you have done?
I'm not sticking up for Hinden, I'm saying something about the other party.

Worst Idea of 2009

“Goldman Sachs is trying to arrange to buy tax credits from Fannie Mae. Obviously, it would buy them at a discount.

Goldman, you may recall, was saved with taxpayer money when the panic spread last year. A naïve person might think such a company would see a patriotic virtue in paying taxes.

Fannie Mae is currently a ward of the government. So this boils down to a proposal to pay Uncle Sam perhaps 15 cents to avoid paying 20 cents to Uncle Sam.

The gall involved in even proposing such a thing is awesome.

http://norris.blogs.nytimes.com/2009/11/02/wo...
Paul
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#8
Nov 5, 2009
 
Now that we have a solid group at the Canyons (GS), maybe it will start to turn around and the golf course can be completed. That is of course, as long as Kenny griswold moves out of the country or never returns.
homeboy

Salt Lake City, UT

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#9
Nov 5, 2009
 
Paul wrote:
Now that we have a solid group at the Canyons (GS), maybe it will start to turn around and the golf course can be completed. That is of course, as long as Kenny griswold moves out of the country or never returns.
Yeah, like that will ever happen. Stay tuned for "Canyons III-Return of the Griz". It promises to be every bit as bloody as the first two.
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