The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

This Afternoon

Hi87° Mostly Cloudy

Tonight

Lo64° Slight Chc Showers

Thursday

Hi82° Slight Chc Showers

Thursday Night

Lo61° Partly Cloudy

Friday

Hi83° Mostly Sunny

Friday Night

Lo58° Mostly Clear

Saturday

Hi84° Sunny

Saturday Night

Lo58° Clear

Sunday

Hi87° Sunny

Sunday Night

Lo58° Mostly 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