SURE SAW 'US' COMING!

Let's see now...blow $77,000,000.00 on attorneys and legal fees to come up with a plan to exit from bankruptcy but the Sault Tribe chairman, Joe McCoy, backed out at the last minute on 'said plan' even though it could have saved Greektown and kept it under the ownership of the Sault Tribe otherwise known as 'US'. Instead McCoy chose to give Greektown away but to "WHOM?"

Imagine what $77,000,000.00 could have provided for 'US'. 'US' would not have lost jobs and the 'Elder US' would not have been forced to give up so much including medical assistance. Those of 'US' who are students would not have had to give up education assistance that the leaders of 'US' provided very little of to begin with.

Investment firms were prepared to loan 'US' the money to pay off creditors at a very favorable rate with a payment plan that would still leave 'US' with the revenue to re-fund the lands claim that was drained to pay attorneys and poorly laid business plans which, as it turns out, amounted to none at all.

Now McCoy made the decision to purchase property at almost $26,000.00 an acre. Say what?!...$26,000.00 an acre?! Wow...what a lucky broker who made that deal and a seller who saw a sucker just waiting to bite. Did McCoy do it for 'US'? Not likely, since he never asked 'US' if it was okay to invest more of our money on something we were never informed of in the first place. Did McCoy send the Elders a thank you note for giving up so much so he could use more of their money without permission?

It's not really fair to say that 'THEY' saw 'US' coming...'THEY' did see McCoy, likely assisted by Bouschor, the king of failed business ventures, coming though....didn't they.