Albuquerque Journal: SunCal Defaults on Loans

Excerpt:

City Councilor Michael Cadigan, who has been an outspoken critic of SunCal, said Thursday the problems in other states show "a pattern of financial irresponsibility."
He said a half-finished development, regardless of whether the county is on the hook to pay for completion, could force governments to step in and take care of residents already living there.