1. Welcome to SportsJournalists.com, a friendly forum for discussing all things sports and journalism.

    Your voice is missing! You will need to register for a free account to get access to the following site features:
    • Reply to discussions and create your own threads.
    • Access to private conversations with other members.
    • Fewer ads.

    We hope to see you as a part of our community soon!

Ooops ... Cowboys' new stadium using variable-rate loans

Discussion in 'Sports and News' started by Football_Bat, Jul 2, 2008.

  1. Football_Bat

    Football_Bat Well-Known Member

    And guess who's holding the bag: Arlington taxpayers ... to the tune of millions.

    http://www.star-telegram.com/business/story/736289.html

    They partly financed JerryWorld like a trailer house.

    Incredible.
     
  2. PeteyPirate

    PeteyPirate Guest

    I don't think that's terribly unusual. The rate changed because their bond rating went down. Now they're refininancing and paying fees in order to do so. I see this happen a lot to businesses these days.
     
  3. beefncheddar

    beefncheddar Guest

    I'll admit to being no tax expert, but from RTFA it appears that there's pretty much no problem at all.
     
Draft saved Draft deleted

Share This Page