
Libra Foundation and the straight-face test
Yesterday's Portland Press Herald contained a story about the recent sale of the building that formerly housed the Portland Public Market. In one section of the story, PPH staff writer Tux Turkel states …
"The market closed in 2006, after Libra decided the building had achieved its goals for Bayside and that the strong real estate market made it a good time to sell properties in Portland."
Huh? Achieved its goals?
This is either a typo, or it's the most egregious case of double-speak I've ever encountered. Back when the Libra Foundation sale took place, the Portland Public Market was widely regarded as a notorious money-pit that had never approached self-sufficiency, despite constant infusions of cash from Libra.
So … the goal of the Libra Foundation is to create failed businesses? That seems pretty achievable, especially in the current economy!
In case you missed it, you can read the complete PPH story here …
pressherald.mainetoday.com
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