Carmel city hall panics over PAC defa...

Carmel city hall panics over PAC default crisis

Posted in the Carmel Forum

PoseyPaisley

Carmel, IN

#1 Aug 24, 2012
Carmel-CRC and 4CDC defaulting over $80,00,000
PAC-PALLADIUM bonds/loans.
CarmeL

Carmel, IN

#2 Aug 25, 2012
$80,000,000 is now for the Carmel Tax-payers
to pay for. The Carmel Tax Payer is "on the hook".

And things are getting worse.
CarmeL

Carmel, IN

#3 Aug 26, 2012
Brainard has NO PLAN to save Carmel from
PAC-PALLADIUM Bond Default super crisis.

NO PLAN!

Carmel Tax Payers MUST pay ALL $80,000,000.
CarmeL

Carmel, IN

#4 Aug 26, 2012
Carmel Bonds no longer have any COLLATERAL
back-up. Same for PAC Bonds.
Bonds are WORTHLESS!
Alonzo X

Carmel, IN

#5 Aug 28, 2012
Again, NO COLLATERAL!!
Alonzo X

Carmel, IN

#6 Aug 28, 2012
Again, NO COLLATERAL, no more "rainy-day"
funding, and NO PLAN!

The Carmel Taxpayers are on the "hook" again!
Alonzo X

Carmel, IN

#7 Aug 29, 2012
Brainard is the ALIBI "mayor".

He is GUTLESS. Just look at his stooges
like Brucie.

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