<html><body bgcolor="#FFFFFF"><div></div><div>Why doesn't Tim Blixseth simply knock on Butch Otter's door? I'm sure the Guv would be more than happy to oblige him.</div><div><br></div><div>Courtesy of KHQ at:</div><div><br></div><a href="http://www.khq.com/story/16499438/credit-suisse-in-court-to-defend-loans-to-resorts">http://www.khq.com/story/16499438/credit-suisse-in-court-to-defend-loans-to-resorts</a><div><div> </div><div>------------------------------</div><div><br></div><div><div id="WNStoryHeader" style="margin-bottom: 13px; font-family: arial, verdana, sans-serif; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); font-size: 12px; "><h3 class="" style="display: block; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; clear: both; font-size: 1.5em; font-weight: bold; ">Credit Suisse in court to defend loans to resort</h3><h3 class="" style="display: block; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; clear: both; font-size: 1.5em; font-weight: bold; "><span class="Apple-style-span" style="font-weight: normal; font-size: 15px; "><em class="wnDate" style="display: inline !important; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 8px; margin-left: 0px; clear: both; line-height: 0.5em; "><span class="Apple-style-span" style="font-style: normal; line-height: normal; "><em class="wnDate" style="display: inline !important; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 8px; margin-left: 0px; clear: both; line-height: 0.5em; "><span class="Apple-style-span" style="font-style: normal; line-height: normal; ">By MATTHEW BROWN</span></em></span></em></span><br></h3></div><span class="Apple-style-span" style="font-family: arial, verdana, sans-serif; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); font-size: 12px; "><div id="WNStoryBody" class="" style="font-size: 1.1em; margin-bottom: 15px; display: inline; ">Associated Press<p style="margin-top: 12px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">BILLINGS, Montana (AP) - Attorneys for Credit Suisse are due in court Thursday to defend accusations that the banking giant arranged hundreds of millions of dollars in predatory loans with the goal of taking over luxury resorts in Montana, Idaho, Nevada and the Bahamas.</p><p style="margin-top: 12px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">Plaintiffs backed by Yellowstone Club founder Tim Blixseth want $8 billion in damages. They claim Credit Suisse conspired to loan the resorts more than they could repay and then foreclose on them.</p><p style="margin-top: 12px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">The other properties were Idaho's Tamarack Resort, Nevada's Lake Las Vegas and Ginn Sur Mer in the Bahamas.</p><p style="margin-top: 12px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">Credit Suisse says the lawsuit is without merit and motivated by Blixseth's desire to divert attention from the Yellowstone Club's problems. Thursday's hearing is in U.S. District Court in Boise, Idaho.</p><p style="margin-top: 12px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">Real estate firm Cushman & Wakefield also is a defendant.</p></div></span><span class="Apple-style-span" style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); ">------------------------------</span></div><div><span class="Apple-style-span" style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469);"> <br></span><div>Seeya later, Moscow.</div><div><br></div><div>Tom Hansen</div><div>Spokane, Washington</div><div><br></div><div>"If not us, who?</div><div>If not now, when?"</div><div><br></div><div>- Unknown</div></div></div></body></html>