Re: Be Very Afraid New York race fans (696 Views)
Posted by:
Silver Charm (IP Logged)
Date: May 18, 2004 10:46PM
Nice post Sheets, however in Franks case he has acquired an awful lot of Plant over the last five years. If he starts to close those assets down strictly to use as simulcast outlets and can't provide some sort of potential zoning approval for development of the idle space to his bankers. He has real problems.
His monthly Borrowing Base Certificates will not add up to enough collateral on his loans and his Bankers will say:
Show Me The Money