You are correct, Denny. You would have been more correct if you would have said "there is a HUGH difference". We do not have all the facts on this recent issue, but we do have enough facts on the Fountain Blue to know that if the same thing was done in most places, it would be described not as a foreclosure or bankruptcy, but as a con, swindle, scam, embezelment or something along those illegal terms.
PS: I think dog's comments are another example of evading the issues at hand by using an "apples and oranges" approach. Having said that, I will fall into the trap myself and respond by saying, people are going to jail in the Enron and Worldcom examples. Let's see what happens in Belize.
PPS: I am still reading dog's comments trying to figure out the relevance. All I can come up with is that his position is "S--t happens, and I am a democrat". :p