More info from Kingfish on TCI (NYSE: TCI) and their history of bankrupting subsidiaries

Editors note: – Transcontinental Realty Investors (NYSE: TCI) is the company that is attempting to build a convention center hotel in Jackson, MS with the City of Jackson acting as the financial backstop for half of the approximately $90M project currently under MOU. After much contraversy, executives from TCI have assured the Jackson City Council of its financial health and the strength of its corporate guaranty.

The TCI Bankruptcy of the day

TCI woodmont suit