Hawk
Well-known member
yup. It has changed names a couple of times. That whole seaport area is now build up with hotels, bars and resturaunts. Right down the street from my office. I might go.
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Jay Peak bombshell
- Thread starter VTKilarney
- Start date
Abubob
Well-known member
Nice place to grow up.
jimmywilson69
Well-known member
They certainly are pieces of work... I thought I had heard that Barber was basically independently wealthy due to some investment and the bad was just a way to "work" Kudos to them for somehow keeping it going I guess.
Jury selected in EB-5 investor lawsuit against the state - VTDigger
The two-week trial, which is expected to include testimony from former Gov. Peter Shumlin, will decide whether the state harmed investors by failing to stop the $200 million fraud at Jay Peak Resort.
vtdigger.org
BodeMiller1
Well-known member
Looks like most plaintiffs are not from the U.S. ; this doesn't go anywhere,
- No standing (not from the U.S.). Just because you lose your investment doesn't mean someone or a state is at fault. This is like taking financial advice from a ski blog.
- It's impolite to ask for help then be a jerk.
- This gets tossed and the investors will pay the tab for generating all of the paperwork (maybe) and court costs (maybe not).
This reminds me of when Milo Pike sued the State of New Hampshire for not protecting his interest in banks stocks.
Sour Grapes
The State of Vermont is delaying in order to drive up legal bills and such.
It will be interesting to see how it plays out.
pikeindustries.com
- No standing (not from the U.S.). Just because you lose your investment doesn't mean someone or a state is at fault. This is like taking financial advice from a ski blog.
- It's impolite to ask for help then be a jerk.
- This gets tossed and the investors will pay the tab for generating all of the paperwork (maybe) and court costs (maybe not).
This reminds me of when Milo Pike sued the State of New Hampshire for not protecting his interest in banks stocks.
Sour Grapes
The State of Vermont is delaying in order to drive up legal bills and such.
It will be interesting to see how it plays out.
History
1870 In 1870, the use of asphalt for paving began on a stretch of road in front of city hall in Newark, New Jersey under the direction of Professor E.J. DeSmedt, a Belgian chemist. Two years later in 1872, Luther M. Pike of New Hampton, New Hampshire founded Pike’s Improved Concrete Company at...
Last edited:
BodeMiller1
Well-known member
This was a Federal program, then the states ran it? Follow the money does not always work, butt in white collar crime that's where it's at.
I take my hat off to The Administration who thunk this up. What a great way to bring in Mafia from all over the world to Vermont.. Because you know once in the United States they will "play by the rules".
Looks like most plaintiffs are not from the U.S. ; this doesn't go anywhere,
- No standing (not from the U.S.). Just because you lose your investment doesn't mean someone or a state is at fault. This is like taking financial advice from a ski blog.
- It's impolite to ask for help then be a jerk.
- This gets tossed and the investors will pay the tab for generating all of the paperwork (maybe) and court costs (maybe not).
This reminds me of when Milo Pike sued the State of New Hampshire for not protecting his interest in banks stocks.
Sour Grapes
The State of Vermont is delaying in order to drive up legal bills and such.
It will be interesting to see how it plays out.
History
1870 In 1870, the use of asphalt for paving began on a stretch of road in front of city hall in Newark, New Jersey under the direction of Professor E.J. DeSmedt, a Belgian chemist. Two years later in 1872, Luther M. Pike of New Hampton, New Hampshire founded Pike’s Improved Concrete Company at...
This was a Federal program, then the states ran it? Follow the money does not always work, butt in white collar crime that's where it's at.
I take my hat off to The Administration who thunk this up. What a great way to bring in Mafia from all over the world to Vermont.. Because you know once in the United States they will "play by the rules".
As usual, you are way off. Meow.
BodeMiller1
Well-known member
So you you think they will get all of their "investment" back? Or, even part of it.
The people of Vermont who pay taxes (including skiers (we pay a lot to the state)), should pick up the bill?
Courts are predictable.
The case settled on Day 2 of trial.
vtdigger.org
State settles with 8 Jay Peak investors in EB-5 case - VTDigger
Just two days into what would have been a 10-day trial, the Vermont Attorney General’s Office reached an agreement with the first of four groups of defrauded investors suing the state for negligence.
vtdigger.org
BodeMiller1
Well-known member
I stand corrected. Sad day of reckoning for Vermont.
BenedictGomez
Well-known member
Benedict Gomez in 2011 on AlpineZone said the Jay Peak projects were a sham.
And that more than anything else should tell you how absurd this is given I had ZERO access to State of Vermont's financial data. Just some guy with a barely passing accounting background who took a few hours to look into this & realized with strong conviction that the whole thing was obviously total bull****.
Smellytele
Well-known member
What a tool talking about himself in the third person
skef
Active member
Yes folks, it’s officially summer!
Edd
Well-known member
I’m pretty sure I was bullish on JP/Burke improvements and the situation as a whole way back when. Still shake my head at “QBurke”. Can you believe that happened?
Different situations, but I was also keen on the Mittersill expansion at Cannon (on the fence about that but Cannon regulars have more developed opinions) and Vail acquiring Wildcat (improvements, right?
).
Even Arctaris acquiring Saddleback isn’t a slam dunk yet. It’s great today, but not sure how this ends.
I just look at these things without the wide-eyed optimism I used to and feel a bit foolish in hindsight, but live and learn.
Different situations, but I was also keen on the Mittersill expansion at Cannon (on the fence about that but Cannon regulars have more developed opinions) and Vail acquiring Wildcat (improvements, right?
). Even Arctaris acquiring Saddleback isn’t a slam dunk yet. It’s great today, but not sure how this ends.
I just look at these things without the wide-eyed optimism I used to and feel a bit foolish in hindsight, but live and learn.
BenedictGomez
Well-known member
It was a syntax comment playing with how the article's sentence was written.
You'll understand it once you look up what the word, "syntax" means.
Smellytele
Well-known member
You are the smartest man in the world and I look up to you as the all knowing omnipresence.
You'll understand it once you look up what the word, "omnipresence" means.
Actually as the all knowing omnipresence you already know what that means.
RH29
Active member
- Joined
- Nov 23, 2021
- Messages
- 313
- Points
- 43
TOTAL SOLAR ECLIPSE | Jay Peak Resort
Jay Peak is directly in the path of totality during the solar eclipse of 2024. Closer than any major ski area in the United States, in fact. And Northern Vermont is the best spot on the East Coast north of Florida to land in that path. Sounds like a reason to party at Jay Peak, not that you ever...
Skiing/riding ends at 2 PM. Blah.
RH29
Active member
- Joined
- Nov 23, 2021
- Messages
- 313
- Points
- 43
I'm learning more towards Burke which is less socked in and has rates for $163 a night in their hotel.
BenedictGomez
Well-known member
I should have booked 100 hotel rooms many months ago. I was early on this to the point the woman said, "is there something special about that date", we've had other people ask for that so far in advance. LOL. As ThatGuy notes, it's a real crapshoot that it will even be that big of a deal given weather, but if it happens to be a clear day it will be spectacular. If not? Pretty big disappointment ensues.
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