GREENBRIER-PATCH BANKRUPTS

Another luxury hotel goes bankrupt. The (i) Green- brier Hotel Corp., the (ii) Green- brier Resort and Club Management Co., the (iii) Greenbrier IA, Inc., the (iv) Old White Development Co., the (v) Old White Club Corp., and the (vi) Greenbrier Golf and Tennis Corp., debtors, (GREENBRIER- PATCH) have filed for Chapter 11 in The United States Bankruptcy Court for The Eastern District of Virginia Richmond Division. B'rer Rabbit says, "Yep, they-all gonna beat C'ville's Crack House down. We-all got a betta, bigga Meth House with a few stills thrown in the back forty for good luck here in White Sulphur Springs, West Virginia, now that 'ole GREENBRIER- PATCH is IN THE BRIAR PATCH!"

'America's Most Fabulous Decorator' Dorothy Draper who decorated the GREENBRIER- PATCH, a landmark (another landmark!) hotel since the 1770's, may be IN THE PINK but 'ole GREENBRIER-PATCH is IN THE RED! An auction will be conducted on June 12, 2009, at 10:00 Eastern Time at the offices of McGuire Woods LLP in Richmond, Virginia. GREENBRIER- PATCH owes $100,000,000 - $500,000,000$ and of course debtors are blaming the poor economic environment. Just the Old White Club whining. Donald Trump was looking at it but let's face it, is Ivanka who works for her dad going to be spending any time in West Virginia? Paris, Manhattan, South Beach, London and White Sulphur Springs? I think not.

B'rer Rabbit says, "That little hottie Ivanka ain't gonna be comin' to the GREENBRIER- PATCH, 'specially now that the Union is takin' a pay cut to save it. Ain't gonna be the same bowin' and scrapin' to the rich folks. Course a little white lightnin' might do her good. Mebbe she could host that 'Prentice show here. We-all would have to make sure she stays out of THE BRIAR PATCH." Everyone in Greenbrier County watches the show, mainly to see Ivanka. Bottom line is Old White Club, you're FIRED!