Showing posts with label Sands China. Show all posts
Showing posts with label Sands China. Show all posts

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:   

Could Steve Wynn be assisting banks in the shorting of $Wynn? Via Trust and corporate structuring, just like Hedge Funds do it? Why not? Illegal?


I just wanted to throw up a few of these corporate structures so you can get familiar with the games I think these guys are playing…I haven’t looked into Las Vegas Sands or Wynn extensively but from what I have come across as well as the cross over with Melco, I feel both are destined for steep declines. 

Steve Wynn and Sheldon Abelson have equity holders interests in mind about as much as Philip Falcone did when he manipulated and dumped Lightbridge & the package of residual housing bets that came with it on teacher pension funds.

If you follow the news about the tiff between Wynn and Kazuo Okada, how about this…they are in cahoots and this was a strategy to loosen up some shares.  Didn’t Wynn lie about getting divorced a couple years back, for the same purpose?