MEC '07 losses total $113,000,000

[asudevil]

Originally Posted by blackthroatedwind

Whatever anyone may think of Stronach, this is very troubling news for the entire Thoroughbred industry, and could have serious repercussions in the future.

Absolutely! How enticing is a potential transaction after reading those numbers?? The salvation may be that it becomes a real estate play....But then the acquirer may not give a sh%t about the actual business...They may just be looking for a short term "flip." Very scary.....