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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Elroy Jetson who wrote (53296)7/12/2006 12:54:56 PM
From: mishedlo  Read Replies (1) of 116555
 
Why would they not pay a sub then offer to pay the sub's workers via 1099s without really even knowing what those workers were paid.

Now they still owe the sub and they have mechanics liens on their houses.

Does that strike you as normal?
Can the cash flow problems at Lennar be that bad?

Mish
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