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This quote is just one of 9 total Scott Berman quotes in our collection. Scott Berman is known for saying 'Every time there is a fraud, investors profess to do more due diligence and this is no different.' as well as some of the following quotes.
I'm quite sure they were losing money and they entered into this scheme in a desperate attempt to recoup their losses.
In warm weather destinations, like the Caribbean, Mexico and Florida, advance bookings were very strong and hotels, particularly at the high end, are tight on space. Many popular destinations are sold out for weeks at a time. From an operator standpoint, this is going to be a strong winter. From a consumer's perspective, if you don't have reservations already, you need to get working on that.
Every so often there's some money left and there's a fight over the carcass. But it's a cost-benefit analysis. How much money do you want to spend chasing it if there's not that much left?
This quote is just one of 9 total Scott Berman quotes in our collection. Scott Berman is known for saying 'Every time there is a fraud, investors profess to do more due diligence and this is no different.' as well as some of the following quotes.