X-Nico

3 unusual facts about Tamarack Resort


Tamarack Resort

Tamarack property owners are now part of a multi-billion dollar lawsuit with lender Credit Suisse led by bankrupt Yellowstone Club founder Timothy Blixseth and his son Beau Blixseth who claim Tamarack's bankruptcy was caused by a "loan to own" scheme between the bank and resort developers.

Patrick H. Owen, a fourth district judge in Boise, appointed a receiver in October 2008 to oversee the operations of the resort, at the request of Credit Suisse, the major financer.

They came to Idaho as guests of Dirk Kempthorne, the state's governor and former U.S. Senator who later became a member of Bush's cabinet as Secretary of the Interior.



see also