HolyCoast: Olympic Troubles
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Thursday, January 21, 2010

Olympic Troubles

Yesterday I had the story about the need to truck snow into the Vancouver Olympic games, and today there's this item from the AP:

The Whistler ski resort, home to next month's Olympic downhill, could be auctioned off in the middle of the Games after creditors moved to auction off the assets of Intrawest LLC.

A public notice of foreclosure has been posted in newspapers by the company's lenders, which include Lehman Brothers and Davidson Kempner Capital Management, saying that an auction to sell the assets will be held Feb. 19, right in the midst of the Olympics.

The Intrawest properties also include the Whistler Sliding Centre which is the site of the bobsleigh and luge.

Losing the bobsleigh venue might do this gal a favor.

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