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IIRC They put a lot of their money in those corny resort communities advertised on TV which no one bought and now they are paying for it. Sure it sucks for them that they are going out of business, but it is the natural order of things.... isn't it. They lost like 6 million last year too didn't they? This was NOT a sudden thing. They have been on the decline for a bit.
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"like strapping a pillow on a bull in a china shop" Bullitt
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