Six Flags is only one small part of Dan’s empire, is still operating ,and (I think) he has limited liability in it. Complicated high finance, and a definite mistake (which I sort of doubted from the start) but just an annoyance to Dan. Donald Trump’s Atlantic City Casinos all went bankrupt and it didn’t slow him down at all. By the way, AOL has an article about how MBA’s don’t do well as CEOs, and it cites Dan as an example of an unsuccessful businessman, and Harvard’s MBA program uses him as an example of a failed CEO, most of this based on his allegedly unwise spending. I say baloney! For one thing, Snyder is not a failed businessman. The Redskins are a fabulously successful business, worth more than any other team except the Cowboys, and Snyder is a very successful entrepreneur and businessman, and a billionaire. Most of that is not an accident. The writer seems to equate the Skins disappointing football record with business success. For one thing, the Skins haven’t done that bad – better than a lot of teams, and good enough to keep fans interested and hopeful. And Dan didn’t run the team, he was the owner. He and his troops certainly made some mistakes, but all teams do – it’s not an exact science. The alleged overspending was mostly a myth – they always stayed under the cap. Some mistakes, like Archuleta, were staff failures (how could Gregg have let them pay so much?), but the biggest mistake was hiring Jim Zorn – and that was all Snyder. Terrible blunder. In any case, Dan would have “failed” at running a football team, not as running a football business. Naturally, I am more interested in the team, and sure wish they’d start winning!

Interesting. Hadn’t really thought of that. But I know that Snyder did not bet the farm on Six Flags. Thanks for the info.