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Old 07-15-2008, 05:23 PM
blueandwhite's Avatar
blueandwhite blueandwhite is offline
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Fedorov being sued

here's a weird one off yahoo sports:
A Michigan bank is suing NHL veteran Sergei fedorov, saying payments have stopped on more than $2 million in loans. Citizens State Bank filed a lawsuit Monday against Fedorov...
The lawsuit, filed in Macomb County Circuit Court, said Fedorov got loans in 2004 and 2005, one for $1.75 million and another for $500,000.


What's up with this?
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Old 07-15-2008, 07:17 PM
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Re: Fedorov being sued

Odd, very odd indeed. Why would a professional athlete need a $2 million loan? And why can't he pay it back? Can't wait for details.
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Old 07-16-2008, 06:16 AM
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Re: Fedorov being sued

this was in the same article:
(Citizens State Bank attorney Scott) Norton said Fedorov offered a Miami condominium as collateral on the larger loan. An 11-year-old horse and an insurance policy are collateral on the smaller loan, according to the lawsuit.

very curious.
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Old 07-16-2008, 01:35 PM
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Re: Fedorov being sued

???
Federov has like, over 20 million dollars. He can easily pay that back the cheap skate.
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Old 07-16-2008, 02:13 PM
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Re: Fedorov being sued

Quote:
Originally Posted by Oli Jokinen! View Post
???
Federov has like, over 20 million dollars. He can easily pay that back the cheap skate.
One would think, but... this makes it sound like that is not actually the case.
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