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National Golf Properties (TEE) Message Board

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  • wyrbender wyrbender Sep 17, 2002 9:33 AM Flag

    WHERE'S the deposits?????

    The deposits were essentially an interest free loan to AG in return for many years of access to all that American Golf membership entitled one to. When, in my case that term was shortened by their actions to two years, they are not entitled to keep the deposit. It flys in the face of common sense. IF that deposit money still exists (which I doubt) and is part of what GS is buying, then they should return it to its rightful owners. With their greater financial clout, there is a better chance of that than if AG were still managing it. Were GS to keep the money, it would be as if keeping stolen property was OK just because you bought it from the thief.

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