Wednesday, February 17, 2010

BT Denied Access to Cash Pool

From Shay Totten at Blurt 02.17.10
"...In an eight-page ruling, the Vermont Public Service Board late Tuesday denied Burlington Telecom's request to dip into the city's so-called "cash pool" to make a key $386,000 interest payment tomorrow on its lease with CitiLeasing..."
Burlington Telecom is crashing and burning before our eyes! This is like watching the Hindenburg disaster!

A spectacular multi-colored, star-studded, fiber-optic, fifty million dollar, money burning, dazzling, spectacular, imploding, exploding fireball for every man, woman and child to witness with their very eyes!

Yes indeed ladies and gentleman! Step right up, but don't get too close- and watch the blazing, amazing financial and political meltdown of this once promising, small-d-city department of the city of Burlington! A once in a lifetime chance to see a red hot fiery explosion of this magnitude!

There will be plenty of recrimination, denunciation, insinuation, rumble and slur to go round when this is over, but for now let your jaw drop and your mind relax as you watch this train wreck in slow motion. As this plane smashes into the mountainside. As Burlington Telecom burns like Rome and fizzles into a puff of smoke.

Amazing.

1 comment:

  1. Kiss IRV goodbye, vote yes on question 5.
    It is amazing how much Mayor Kiss and CAO leopold distrusted the residents of Burlington by not disclosing during the election the impending problems of BT. Their only reference to BT during the election process of March 2009 was their opinion candidate Montroll had a conflict of interest. City Hall and the residents of Burlington have been disgraced by this duo.
    Lets all keep our eye on the cash pool to make sure none is used to cover CAO Leopold's legal fees.
    Stranger things have happened.

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