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To: Stayfree

from the same article:

Total liabilities: $136,558,093
Creditors include:
MGM Grand Hotel
in Las Vegas,
$11.5 million
Caesar’s Palace
in Las Vegas,
$5.7 million
Palms Casino Resort in Las Vegas, $2.3 million
Hard Rock Hotel and Casino in
Las Vegas, $1 million

Total assets: $6,952,821
Assets include:
32 acres on McKean Road in San Jose, valued at $1.1 million
Condominium on Charleston Avenue in Palo Alto, valued at $800,000
Wardrobe: $5,000
Furniture and home wares: $5,000
Cash on hand: $500
Checking account: $80
Source: Bankruptcy filing documents


5 posted on 10/19/2011 1:05:50 PM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: tcrlaf

How could 32 acres in San Jose possibly be only worth $1.1 million.


10 posted on 10/19/2011 1:24:19 PM PDT by SeaHawkFan
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To: tcrlaf
Creditors include: MGM Grand Hotel in Las Vegas, $11.5 million Caesar’s Palace in Las Vegas, $5.7 million Palms Casino Resort in Las Vegas, $2.3 million Hard Rock Hotel and Casino in Las Vegas, $1 million

I wonder if the dude is in deep, deep hiding somewhere? I don't think these are the kind of people he wants to be indebted to.

15 posted on 10/19/2011 1:54:35 PM PDT by Mark17 (California, where English is a foreign language)
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