The KSV scandal is always crazy. Almost daily, new monstrosities come to light that an answer to the question of whether the perpetrators of these have local political pile-up still in the garret, from time to time makes it more urgent.
the biggest hoot Dinkelsbühler presented the response of the Frankish local newspaper in its Monday edition. Without seeming to be aware of the explosive device, they reported there rather casually
"The fetched to reorganize the new CEO" *, the paper wrote, "the KSV-founders hold before a second birth defects: With Waldeck have been chosen the wrong location. "
You must spell it again: a false n n S t tandor weight ä hlt!
No one used by economics to understand more than a sitting or Crailsheimer Dinkelsbühler OB to control the truism that a wrong location decision not some, but the mortal sin of any corporate action is.
= Wrong location all wrong!
other words, a wrong location decision is a decision with built-in guarantee failure.
suppose that VW would build right in the Brazilian jungle, a car factory. And then wonder about the not exactly selling like hot cakes. Until a "recognized expert" (as the
HT the KSV-Sani) behind it would be that they had stupidly chosen the wrong location. The laughter around around the globe, our planet would bring into a tailspin. in Craigavon and town halls Dinkelsbühl apparently no one laughs. This is still true, the output at the beginning of the Waldecker sledding party slogan eyes and go!
And, although the issue leaves from the heads of these town halls now want to in the last minute summoned and probably six figures paid KSV-restructuring specialist to clarify anything:
were failed. The construction of a district heating pipe to Dinkelsbühl is ruled out "Because there is only hot water (instead of hot) were up." It would have been the right decision to build a first "have to find a customer who needs a lot of process heat and then to build the plant in its" close proximity ".
All attempts to settle in Waldeck is a heat collector, "he is quoted the , "go 60 percent of the bio-energy is lost as waste heat, so heat and power plants are built to give the condensation energy consideration as useful heat. These power plants have an efficiency of up to 85 percent. "For example, here &
here. And because the KSV same time meet its electricity supply contract with the Hammers community Dinkelsbühl and therefore has to be run continuously at full load, it heats up with their inevitably produced heat energy on not only the Waldecker climate, but also produces losses on the run. Good 2.4 million euros this year alone. What we are back at the wrong location decision. A "birth defect" ( FLZ) against which even the smartest renovators can align anything. And the, all in Crailsheim and Dinkelsbühl now once again been voted shawm sounds of defiance continue to provide reliable for red numbers in Waldeck. KSV for the other shareholders, including a community called Fichtenau, so it can be only one solution: Save yourself, can someone! __________________________________________________________________ * The new man to replace the refugees in the disease KSV former managing director and bring the stand just before the bankruptcy GmbH within "Twelve to 15 months" out of the red. ** See correction in the comment section. Update 2 December 2010 the shoulder of Bad Wind home (10 percent KSV share) has decided to stay in line. In his own absolute power, without vote of its local councils. Only the "relevant council committees had been informed, reports the local citizens' forum . for the decision, but not to the contrary to all democratic rules mayoral alone, may be applied in light of an otherwise mature guarantee commitment of 2.9 million € almost understanding. Either 2.9 million euros and possibly a further 200 000 € shareholding to write a total of over three million euros, in the chimney or to increase the shareholding in the implementation Crailsheimer 'remedial' approach by 1.8 to 2 million - a decision between death at the stake and the guillotine.
therefore, also, Rothenburg Oat (also ten Percent while remaining) certain Dinkelsbühl (15 percent) and Crailsheim (26.5 percent) anyway. For Crailsheim would otherwise, according HT, the sum of 17,5 millions € madness at stake. An amount which would break the already heavily indebted city finally had his neck and the installation of a government official in the duty room of saving Commissioner OB Michl result. What makes Fichtenau with its one-percent interest (20 000 + € 90 000 € guarantee) in the Waldecker bankrupt system? Not a peep from the Town Hall, the local councils of all information cut off a loss. And tomorrow the crucial KSV shareholders' meeting is convened. Then you have the spruce Auer Schultes lift the arm - (nachbuttern and 180 000 €) Staying or leaving (and 110 000 € on the account idiot ran debit)? All signs point to first-hand movement. True BM Piott good short-process method, which is always used when it threatens to become unpleasant for him: eyes and go!
citizenship? It a lively town meeting could be - this evening at 19.30 clock in the Matzenbacher gym. . ,
See also:
Einstürzende lighthouse way to damage!
Municipal Tinker Association Hammer Moderately
Einstürzende lighthouse way to damage!
Municipal Tinker Association Hammer Moderately
The Waldecker clothing store Share a while ago that was in 27 neighboring municipalities such helloderndes fire under the same roof. Mayor, treasurer and city councils on both sides of the border on the edge of a nervous breakdown. EUR 27 million municipal deposits and guarantees are at stake. No later than January plans to lending bank, which has funded the KSV Roulette to see coal. If not, the money - public money! -, 27 millions euros in the bucket. And can the Dinkelsbühler OB hammer without its verbal Einpeitscherei ("secured utilization and economic operation") of the giant furnace would never have been built, Waldeck final account in the light.
The noise and stench-ridden and her OB kidding
residents (O-Ton Hammer: "The evidence that climate change and economic theory must be no contradiction")'s would like to thank him.
Now one would think, the parties had, alarmed by the consequences of their economic tinkering - at the end - a "European-wide frontier object" for which there was no experience to try to lift with a criminally low equity ratio of five percent maybe found back to their senses.
Not a chance as we will see the same . But first a collection of the incredible impact of this "Europe" probably fairly unique local government crash-landed while trying to turn the large private sector wheel: An annual decline of 2.8 million euros just for interest and principal are in the current year as much as 400 000 euro - well, what about? - Opposite. "Despite an extremely difficult year," said Chairman and KSV Crailsheimer OB will Michl, you "earn" that amount this year. Opportunities! Here may be Profits confused (before or after tax?) With revenue? It would not be surprised! But that is what already does not work after the originally rumored actual annual deficit of two million euros, according to Michl amounts to almost two and a half million. And the year is not over yet.
The supposed hit the Waldecker system, known as sewage sludge pyrolysis, is also three years after non-functional. With the result that by the participating municipalities, including the town Fichtenau, delivered in Waldeck sewage sludge is burned dried and then only in cement plants. As we called it Schultes again? "A most intelligent combination of technology brilliantly simple decades of established procedures (emphasis FF). And the nice thing is: It works "* So Blind talking about the color.!
jumbo version of a wood chip:
KSV plant in Waldeck
fact was and is for 39 million euros - that the current passed around recent alleged final amount - from the ground mashed Waldecker Technology Monster since it opened three years ago, virtually nothing other than a jumbo version of that chip heating system with integrated power generation, as the Hammers Dinkelsbühl have long been outside the city walls under steam, and how they operated in a commercial instincts and private cellars are. Of course with the economic disadvantage that a large part of the heat - because of lack of buyers for it - only the Waldecker microclimate heating up. must
Fichtenau However, all 27 must KSV shareholders, for the botched Disposal of their sewage sludge in Waldeck delivered record prices in their own company wages - currently 104 euros per tonne. Communities that have smelled a rat in time and much less complicated and, at least just as environmentally friendly processes operate come in part from the half. should
Now, a new KSV Managing Director -
HT "a highly professional person" - the disabled obvious who entered the world pyrolysis technique taught at last to walk And, as the journalistic backers of the "genius". Waldecker bankruptcy reactor, HT editorial director Harthan, formulated to ensure that the biomass power generation plants and therefore "not so often
fails" (emphasis added FF). Instead of the previous 61 days rest (as of end of October) in the current year thereafter only in 41 days? Which famous 'remedial' approach is to retain the hyped wonder Waldecker from bankruptcy, see the second part
. ____________________________________________________________
* Fichtenau date of July 3 2008
See also.
Einstürzende lighthouse
Hot air or: Run for your lives!
Hammer Moderately
The Waldecker clothing store
Share
if he would ever get this far? He would if he had preserved a remnant of an economic reason, true to throw behind the best merchant rule way to damage the lost money certainly do not have another good money.
exactly what is to happen now. It is believed in the wrong movie, read, which may literally ingenious solution to the Lizzie-Müller-KSV-Chairman and President Crailsheimer OB Michl together, are suspected, hatched with his colleagues Dinkelsbühler Hammer * added: money , money and more money! Mind you, no money of Michl's hammer and private accounts, but, as always in such cases - they are so there! -, Money from the pockets of its citizens. Although one of the efforts of the two OB's to delay the bankruptcy for as long as possible, may well be understanding. It will assume that a bankruptcy and the associated financial tsunami for their city coffers - Crailsheim (according HT ) minus 17.5 million euros, Dinkelsbühl over four million - barely survive politically. A damage to their citizens would not. For only the very fact that both the year and a day since occupied permanently connected Waldecker alarm sirens, despite only now, at the very last minute, see a need for action, which is economic Gurkentruppe access here.
continue or get off?
KSV-injured BM Piott (recording from Hohenloher Tagblatt of 25/11/2010)
Now suddenly everything has to go very fast. This Friday is the 25 other mayors in KSV another crisis meeting (the second be set within a few days), the gun at the chest 
her money or we go bust!
her money or we go bust! What does that 25 Schultes must drum up on both sides of the border to their local councils still urgent, special meetings in order to have them by waving to the 'remedial' approach raise your hand. (! Note the surge language)
With the help of a "financial restructuring" should
the KSV-equity from the current locust-compliant five to 50 percent and thus a large portion of bank loans will be replaced;
to be ordered the municipalities involved, the required capital to acquire "through low-interest municipal loans;
but otherwise shall be weitergewurstelt as before. Fichtenau For the community this would mean an increase in its stake from the current 20 000 euro tenfold to 200 000 €. Where it is unclear what happens to the 90 000 euro-guarantee, since the BM Piott addition to joining the KSV 2005 is the neck. Applies to continue, they may need to be increased even?
Like ever, in view of a remediation plan that meets all the requirements for a but time, but guarantees neck-breaking crash landing, could our Schultes 200 000 € rinse also equal in his service toilet - to make them then disposed of as sewage sludge in Waldeck. . . _____________________________________________________________ * The city of Crailsheim, through its public utilities with 26.5 percent, its largest shareholder KSV, followed by Dinkelsbühl with 15 percent. Fichtenau share amounts to one percent. Update 29 November 2010: According to Frankish Landeszeitung today wants his hammer "in any conversation there" was, had even "informed by the KSV-management in the past felt bad." Even now many of the figures given to him were "not in the present dimension known" was. He had gone out to the example of "Euro 29 million construction cost," and the now-called number of 39 million he had heard only last week for the first time
What matters the Dinkelsbühler OB ourselves with it.? That he has set four million euros of its citizens at risk, without care for years to even give a damn about what has become of it? The man knows yet what he's talking about? Back to Part I
See also:
Einstürzende lighthouse
Hot air or: Run for your lives!
Hammer Moderately
The Waldecker clothing store Share Piott the audience at the last council meeting in the face and did not even blush. How could they? He has to exercise (see, for example
here & here
&
here ).
What our Schultes - once more - he had concealed from the public order of the municipal code * and revealed its first municipal councils in the subsequent closed session under the seal of strict secrecy was the next morning in the local paper.
"Does the KSV of the money?" Was the headline in
HT.
whistled, not only financially in the hole lezten:
KSV plant in Waldeck
report 
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