Could the 2010 WINTER OLYMPICS BE cancelled? A BILLION DOLLAR BAILOUT IS NEEDED!
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2009-01-12 — blogspot.com
Vancouver taxpayers are on the hook for the entire billion-dollar Olympic Athletes' Village project after the lender cut off funding to the troubled development, Mayor Gregor Robertson said Friday.
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Fortress stopped in September doling out the monthly money needed to keep construction going after its agreement with Millennium went sour. Since then, the city has been paying to keep construction going, to the tune of $79 million over three months.
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