Allied Over Budget

Ahem.

I saw this a little late to post much this morning.

And most of what I have to say, isn’t fit to print, even on a blog.

Thanks to everyone who called and emailed me this morning with the news . . . knowing I try not to actually read the WSJ.

I don’t think we can blame Epstein Uhen here, I blame the CDA for being unrealistic about the costs . . . they’re not developers and don’t have the experience to do this project. I wonder if WHEDA would have given them the tax credits if they known that their costs in this category were 5 to 6 times greater than they budgeted?

JFC. And they want us to trust them on Truman Olson?


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