Fontainebleau Las Vegas funding woes persist as executive exits

06/2/2009 | GlobeSt.com

The chief executive of Fontainebleau Las Vegas has left the troubled $3.1 billion project. Glenn Schaeffer's departure comes as the project struggles to secure financing for the final phase of construction. A Fontainebleau spokesman did not say whether the company plans to replace Schaeffer but did note that it continues to explore financing opportunities.

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