cash-strapped

After the fall of Saigon to North Vietnamese troops on April 30, 1975, the U.S. imposed a trade and economic embargo on all of Vietnam, leaving the country both war-damaged and cash-strapped.

Instead of cash-strapped travelers and dangerous liaisons, the motel hosts music videos, dog shows, wedding photos, car club meetings, social media gatherings and skateboarding events in its empty pool.

Officials in the cash-strapped city of L.A. recently began exploring a similar step.

Cash-strapped councils have been selling or transferring their management to try and save money, with some putting measures in place to ensure future owners still provide public access to the facilities.

The group made a $186-million loan payment on behalf of the Redstones’ cash-strapped investment firm.