Quote:
Originally Posted by Advogado
At the risk of being repititious, it is not Gary Morse who is paying the attorneys in this case. It is, in essence, us. Our amenity fees are being used to defend transactions that resulted in huge profits to the Developer. If the IRS is correct, those profits were illegimately earned at the expense of the US taxpayers, who subsidized the bonds sold to pay the Developer those profits.
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It is a corporation being used to pay the attorneys. As I stated earlier, the attorneys used by Gary Morse will be the top notch tax attorneys and I believe they are a lot better than government attorneys.
The Developer has made a wonderful place for us. Do not begrudge him the profits. It sounds on one hand that some posters here are of the mindset that the Developer should have done all the developing and making such a great place and not taken a profit. Very strange.