2012 Olympic Village Cash Runs Dry in Credit Crunch
Evening Standard - London › June 20, 2008
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Summary
THE 2012 Olympics were plunged into a major cash crisis today as the firm building the athletes village admitted it could not raise the money.
Australian construction company Lend Lease said the credit crunch meant it could not raise all of the [pounds]450 million it needed.See the full content of this document
Extract
2012 Olympic Village Cash Runs Dry in Credit Crunch
A rescue deal using extra public money is now being hammered out so that work at the Stratford site does...
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