Copied from a facebook post by Alex Kaufman, who has been following this 
story very closely:

    /Live from Jay presser... /

    /"These assets are in great shape, as opposed to most receiverships.
    It's obvious that great deals of money were spent here and at
    Burk//e." /

    /Goldberg also confirmed again the Q is outbound and that the hotel
    is in a very sale ready state, with interested suitors. /

    /Other key statements: /

    /Funds have been secured to operate the resorts as normal. /

    /Many investors in the Stateside project want to inject more funds
    to complete it, which shows how unusual this receivership is. /

    /It is possible that funds meant for AnC Bio were spent to complete
    other projects, including at Jay and Burke. /

    /The extra projects at Burke including tennis and swimming are not
    going forward at this time./

    /Local contractors awaiting payment are likely to be compensated
    prior to investors, but that is pending court approval./

    /Everyone in the room laughed when they discussed how many Q's had
    been placed all over the hotel and what it would take to remove them

    /The clocks are set and there's flour in the kitchens. All expressed
    amazement at the turnkey nature of the Burke Hotel project. /

    /Questions were more hostile to Shumlin in regards to oversight of
    the programs as development occurred. /

    /The press conference ended at Shumlin's request. Goldberg took more
    questions on his own afterward./

One would hope that Gannett, which owns the Burlington Free Press, is 
taking a serious look at the senior editorial staff at that paper and 
has called at least some of them on the carpet. As I said in my earlier 
post: their reporting on this story strikes me as journalistic 
malpractice of a very serious nature, with the potential to cause great 
harm. It may even rise to the level of libel, which, though extremely 
difficult to prove, constitutes statements "either made with the intent 
to do harm or with reckless disregard for the truth." Seems to me the 
latter may very well apply.

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