How Did An Insolvent Copia Get A $78 Million Muni Bond Loan? Part 2 In A Series

Robert Mondavi was a man of large ideas and grand initiatives. His dreams propelled him to greatness and created for him a home in the hearts of millions.

But big and grand also brought him down, and with him, the winery that bore his name.

And Copia.

Despite his personal gifts to Copia totaling some $25 million and another $20 million from his friends, associates and admirers, the act of giving birth to Copia, building its monumental building and grounds ultimately required many more millions and that led to the Copia Muni Bond Scandal.

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IN THIS VIP CENTER ARTICLE:

• COPIA AND ITS MUNI BONDS: SCANDAL OR EUPHORIA?

• INVESTORS BUY INSOLVENT COPIA BONDS DESPITE WARNINGS

• IRS KILLS EFFORT TO REVERSE DECLINE

• WITHOUT THE 2007 BONDS, COPIA WOULD HAVE DEFAULTED ON THE 1999 BONDS

• WHISTLING PAST THE MUNI BOND GRAVEYARD – WILL INSURER ACA SURVIVE OR WILL CALIFORNIA TAXPAYERS GET THE BIG BILL?

• WAS IT WRONG TO GIVE AN INSOLVENT BORROWER $78 MILLION?

Next, In Part 3: The “Botched” Refinance, Charges of Fraudulent Transfer, the Fudged Legal Letter