Larry Myler Update: Contractors and Lenders Fight Over Who'll Be the First to Be Paid

Friend of Matt (FOM) Myler adds new meaning to the phrase "going for broke"

Just for the sake of archival consistency, we'll post the latest news in the deteriorating Larry Mylar multi-county Mid-town Development situation. For the full history, check out our blog archive here.

The Provo Herald published an article on Larry's latest travails with respect to his Orem "Midtown" project yesterday; and the Deseret News followed it up with its own revealing article early this morning.

As all our regular gentle readers will recall, Larry Myler was the bigshot developer who trumpeted a 14-story hotel development here in Ogden in January of this year, (complete with a gondola portal and fancy water park,) only to put the project on hold in February, under the pretext that Boss Godfrey and his A-Team "had misplaced 275 parking slots" -- or so was the transparently lame explanation.

What's fairly obvious from each of the above stories is that Mr. Myler is broke, and that his next publicity will no doubt involve the U.S. Bankrupcty Courts.

So what about it, gentle readers?

Did Ogden City dodge a bullet, or not, with regard to this typically insolvent Friend of Matt?

Just for fun, can any of our gentle readers name one single FOM who IS NOT broke, these days?