http://www.passionsofazealot.com/2009/06/25/red-roof-inn-defaults-on-property-loans-claims-ridiculous-reason-for-default/ by Andrew Calvo Sat, 21 Apr 2012 18:50:09 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.passionsofazealot.com/2009/06/25/red-roof-inn-defaults-on-property-loans-claims-ridiculous-reason-for-default/comment-page-1/#comment-5498 FM Thu, 09 Jul 2009 02:49:52 +0000 http://www.passionsofazealot.com/?p=722#comment-5498 This deal was pushed through despite a whole conflict of interest with the way the deal was structured. Westmont Hospitality Group, the underwriter, which has a small interest in Westbridge, recoups its equity in less than a year through management fees. As long as the company is retained by Westbrdge and Westmont the main people behind pusing for this deal they will continue to leach the company dry. The fools/victims in this deal bear stearns, citigroup, and canadian pension funds, the common people who give their money to these institutions..........peace be upon you. This deal was pushed through despite a whole conflict of interest with the way the deal was structured. Westmont Hospitality Group, the underwriter, which has a small interest in Westbridge, recoups its equity in less than a year through management fees. As long as the company is retained by Westbrdge and Westmont the main people behind pusing for this deal they will continue to leach the company dry. The fools/victims in this deal bear stearns, citigroup, and canadian pension funds, the common people who give their money to these institutions……….peace be upon you.

]]> http://www.passionsofazealot.com/2009/06/25/red-roof-inn-defaults-on-property-loans-claims-ridiculous-reason-for-default/comment-page-1/#comment-14989 FM Thu, 09 Jul 2009 02:49:00 +0000 http://www.passionsofazealot.com/?p=722#comment-14989 This deal was pushed through despite a whole conflict of interest with the way the deal was structured. Westmont Hospitality Group, the underwriter, which has a small interest in Westbridge, recoups its equity in less than a year through management fees. As long as the company is retained by Westbrdge and Westmont the main people behind pusing for this deal they will continue to leach the company dry. The fools/victims in this deal bear stearns, citigroup, and canadian pension funds, the common people who give their money to these institutions..........peace be upon you. This deal was pushed through despite a whole conflict of interest with the way the deal was structured. Westmont Hospitality Group, the underwriter, which has a small interest in Westbridge, recoups its equity in less than a year through management fees. As long as the company is retained by Westbrdge and Westmont the main people behind pusing for this deal they will continue to leach the company dry. The fools/victims in this deal bear stearns, citigroup, and canadian pension funds, the common people who give their money to these institutions……….peace be upon you.

]]> http://www.passionsofazealot.com/2009/06/25/red-roof-inn-defaults-on-property-loans-claims-ridiculous-reason-for-default/comment-page-1/#comment-5214 Andrew Calvo Tue, 30 Jun 2009 16:25:32 +0000 http://www.passionsofazealot.com/?p=722#comment-5214 You're absolutely correct, but the whole deal seems very fishy to start with... You’re absolutely correct, but the whole deal seems very fishy to start with…

]]> http://www.passionsofazealot.com/2009/06/25/red-roof-inn-defaults-on-property-loans-claims-ridiculous-reason-for-default/comment-page-1/#comment-5212 John Tue, 30 Jun 2009 16:00:33 +0000 http://www.passionsofazealot.com/?p=722#comment-5212 Why not. If Red Roof Inns can gain a cheaper interest rate, it will save millions over the course of the mortgage. I would just hope that this is legal. Big Money Deals usually benefit someone financially. Why not. If Red Roof Inns can gain a cheaper interest rate, it will save millions over the course of the mortgage. I would just hope that this is legal.
Big Money Deals usually benefit someone financially.

]]> http://www.passionsofazealot.com/2009/06/25/red-roof-inn-defaults-on-property-loans-claims-ridiculous-reason-for-default/comment-page-1/#comment-14988 John Tue, 30 Jun 2009 16:00:00 +0000 http://www.passionsofazealot.com/?p=722#comment-14988 Why not. If Red Roof Inns can gain a cheaper interest rate, it will save millions over the course of the mortgage. I would just hope that this is legal. Big Money Deals usually benefit someone financially. Why not. If Red Roof Inns can gain a cheaper interest rate, it will save millions over the course of the mortgage. I would just hope that this is legal.
Big Money Deals usually benefit someone financially.

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