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General News 11/11/2008 at 7:53 AM EST

Exclusive Yellowstone Club files for bankruptcy

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Margaret Bassett

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When the big fall or stumble, it's gist for the comedy circuit.
The Yellowstone Club, an exclusive mountain retreat for the ultra-rich, said it filed for bankruptcy after failing to secure new financing - underscoring that even the elite cannot escape the country's current economic troubles.

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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.

Related Topic(s): Bankruptcy; Class War; Divorce; Montana; Socialism For The Rich, Add Tags

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