Exclusive Yellowstone Club files for bankruptcy

A spokesman for the Yellowstone Club http://www.theyellowstoneclub.com/ says the exclusive resort for the super-rich has filed for bankruptcy after failing to secure financing for an expansion.

The members-only club in Montana’s Gallatin Mountains boasts a private ski hill and golf course and counts former Vice President Dan Quayle and Microsoft co-founder Bill Gates among its members.

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