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Nick Rockel
Premium
Winter Olympics Woes for Vancouver
With the 2010 Winter Olympics looming, Vancouver has trouble financing athletes' village.
Nick Rockel June 18, 2009
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With the 2010 Winter Olympics looming, host city Vancouver is on the hook for $660 million after New York–based Fortress Investment Group backed out of financing a $1 billion village for visiting athletes. The firm had been funding the builder, Vancouver-based Millennium Development Corp., but

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