Tuesday, August 14, 2012

A few old filings of Las Vegas Sands / China Sands, skeletons in the closet?

I had spent so much time on Melco when really, Las Vegas Sands looks to be an even bigger POS!  If what I suspect here is true, it should be much easier to prove/show than it has been with Melco, that being these publiclly traded casinos are being used as dumpsters for the other side of hedge fund real estate trades and toxic paper no one wants.

A couple fillings which caught my eye in the breif scan of the companies filling:   

General growth properties?

Banks funding the ramp up?  

Not good News for Romney!  Stay tuned for upcoming analysis

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