The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

This Afternoon

Hi80° Mostly Sunny

Tonight

Lo56° Breezy

Wednesday

Hi77° Mostly Sunny

Wednesday Night

Lo52° Mostly Clear

Thursday

Hi79° Sunny

Thursday Night

Lo54° Mostly Clear

Friday

Hi83° Sunny

Friday Night

Lo57° Clear

Saturday

Hi86° Sunny

Saturday Night

Lo57° Clear

SEC document outlines deceit

Send to Kindle
Print This

The Securities and Exchange Commission analysis of the Town Toyota Center financing fiasco is peppered with synonyms for lies. “Materially false and misleading,” is often repeated. Statements to potential investors were “factually inaccurate,” the SEC says. There were “statements of untrue facts” and “material facts” omitted.

This is not shocking — the region has spent recent years dealing with horrid consequences of this debacle. Anyone could see that much was amiss, as collectively we were gifted with hindsight and a new financial burden. A $42 million default has clarifying power.

View my optionsorSign in