CL82
NCAA Men’s Basketball National Champions - Again!
- Joined
- Aug 24, 2011
- Messages
- 59,805
- Reaction Score
- 224,116
No scam. The taxpayers helped finance our arena. It happens everywhere, btw. Just like taxpayers financed bonds for the UK football stadium years ago.( While UofL paid for it's own football stadium)
It is a beautiful Arena and we are near the top in national attendance in Mens and Women's Basketball every year, so it gets used, not to mention the concerts and Tournaments it hosts.
Lol, yeah it's a great deal....
KFC Yum! Center bond debt downgraded
Moody's downgraded $339 million of the $349 million bond issue Thursday – the rating agency's first action since announcing in May 2012 that it no longer viewed the bonds as investment-grade securities. In June, S&P maintained its rating of BBB- on the debt – one level above speculative, or "junk" status - along with a "negative" outlook.
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