The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Overnight

Lo46° Rain

Friday

Hi55° Rain

Friday Night

Lo39° Mostly Cloudy

Saturday

Hi55° Partly Sunny

Saturday Night

Lo39° Partly Cloudy

Sunday

Hi56° Partly Sunny

Sunday Night

Lo41° Slight Chc Showers

Monday

Hi52° Slight Chc Rain

Monday Night

Lo46° Rain Likely

Tuesday

Hi58° Partly Sunny

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