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LA Dodgers & Nassau Coliseum

June 30, 2011

What could go wrong?  The Mangano-Wang scheme team has rosy projected revenue numbers.

Just this week the Los Angeles Dodgers filed for bankruptcy.  The Wilpons and the Mets had to borrow from Major League Baseball before selling a chunk of the team.

Some problem could arise with the Islanders or Wang or both.  Or they just don’t bring in the money projected.

After Lehman, Countrywide and the mortgage crisis,  why should we believe these fairy-tale numbers?  Why should a precariously financed county consider such a scheme? Stop wasting money


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