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The latest installment of; What's Slippery Shammy Up To:
THE DEAL: Shammy buys One Million Dollar Home for $10.00, yes ten dollars. http://156.42.40.50/UnOfficialDocs/pdf/20120791760.pdf comment on the article first: Katz was able to buy a $1 million home mortgage free? Just a few years earlier, in 2004, he had to get a mortgage for almost $800k to buy his previous "home away from home". In 2010 he sells his house (at a loss of almost $225k) and turns around and buys a much larger house and doesn't need a mortgage at all! Coincidentally, Katz has been mayor since 2004. Looks like his financial picture has improved significantly since then. the article: Katz takes possession of $1-M home from Shindleman's sibling http://www.winnipegfreepress.com/loc...171518891.html |
we have no idea where the finances came from to purchase the house, (if it was purchased), so i don't think its fair to hint Katz's position as mayor allowed to conduct deals that allowed him to make a financial move of this caliber. Maybe he had some assets that he liquidated or something that were completely independent from anything related to being mayor.
That being said I am extremely interested to know where the bulk of this money came from and if the house was even purchased at the market value that was stated in the article. To bad that won't happen, as that is private stuff. |
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I won't adhere to any accusations until i see proof of how much Katz actually paid for the house.
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if he paid near market value or even a bit less for the property it should not make a difference who the people involved with the transaction are, even if their names keep popping up.
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The city has an obvious preferential policy with this developer that can only look worse if our mayor (who has professed no personal relationship with these people) is now buying houses privately from this developer's immediate family. The smoke is pouring out of all these City of Winnipeg-Katz-Shindico-Sheegl deals. Where there is smoke there will be fire. I really hope this firehall property swap fiasco gets a fair audit - so we can douse the flames. So to speak. |
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I'm mainly in Calgary for business, but it has a ton to offer as well. Its a different city than Winnipeg, so it can't be directly compared, but to deny it has any "soul" is misguided on that poster's end. Nice breakdown, btw. Quote:
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http://www.zillow.com/homedetails/18...82827986_zpid/ |
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I got what I deserved, because it turns out the car was falsely safetied, and the reason that the guy wanted me to put 500.00 on paper wasn't to save me money, but so that when I went looking for a refund, it would only cost him 500.00. I couldn't find him anyways, and the car only lasted a month. Needless to say I learned my lesson a long time ago, and the lecture is not needed. The point was that Katz could have done the exact same thing (but opposite) to hide his tracks. There was no moral point here defending him or myself. I know now what I did was wrong, and if that is what Katz did (though I am not saying it is) it is just as wrong. |
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A sweetheart deal then? Not very I still don't see what your point is, I could care less what his connections to the shindlemans are, he paid market value for one of their properties, whats the issue with that? Say what you want about other land deals, which are legitimate causes for concern, but you can't use this particular story. |
Haha...sad I missed the Bat Signal last night.
http://www.newstalk980.com/story/bat...xplained/77391 Also sad I didn't think of it first...lol |
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