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Home arrow Opinion arrow Editorials arrow IS GERRY KAMILOS GOING UNDER WITH LEHMAN BROS?
IS GERRY KAMILOS GOING UNDER WITH LEHMAN BROS? PDF Print E-mail
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Submitted by Tux   
Monday, 15 September 2008

The Morning Mayor

Local News Talk for the Central Valley

840 AM The Patriot            

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(209) 527-8484

 

 

The Sabatino Report

 

Measure S money would be wasted on Kamilos

 

Does Supervisor Grover have a comment?

 

The eminent bankruptcy filing of Lehman Brothers, a known major partner of Gerry N. Kamilos in the Crows Landing Airfield project has folks in Stanislaus County wondering just how financially stable is West Park & Kamilos. Lehman will claim a $60 Billion dollar loss. As for Kamilos, Sacramento County Recorders office records indicate some financial shuffling on Gerry Kamilos' part in the last 2 weeks, liens by the Franchise Tax Board, assets being shifted to a fleet of Tax Attorneys.

 

Needless to say interested parties are pulling all public records of Kamilos' business woes. It would probably be wise of the County to do the same. But then again, when faced with a wise decision, they chose West Park over Hillwood. Wisdom is not exactly their strong suit.

 

 

The Sabatino Report

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www.thesabatinoreport.com

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Last Updated ( Monday, 15 September 2008 )
 
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