I'm not following this story, but someone who comes up with interesting things passed this along to me so I thought I would post it for people to vet, cause if this person finds it interesting, it's worth checking out:
From Zuma's Inbox (ZumaDogg@Mayor09.com):
Zuma,
We all know that Maddix made a lot of money on Taylor Yard and may have been given 'insider" information on this property. Now I find something interesting about Maddix:
Notice of trustee sale 2244 N. San Fernando Rd, 90065; 775 sq ft. land value $1,086,300
Owner: Meruelo Maddix Properties Ponte Vista LL, 761 Terminal St. 90021,
Trustee: Attorney Trustee Services, 1620 Union Street, San Diego 92101,
Lender: RPM Investments Inc XXX?
NOD Info: 04/07/2008 -- 08-0561736
Default amount: $8,000,000
TRUSTEE SALE INFO: 08-1351289 8/27/2008 11:30A; 350 w. MISSION BLVD, POMONA
LOAN INFORMATION: RPM Investments Inc $8,000,000.00
LTV 125%
MAYBE THIS IS SOMETHING WORTHY OF A NEWSPAPER'S ATTENTION? COMMENTS?
ZumaTimes.com