Author Topic: Liverpool owner Hicks selling Texas Rangers shares  (Read 300928 times)

Offline Stevo75

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #680 on: April 16, 2009, 09:43:24 am »
It was not Gillett sitting next to Gerrard!  It was that bloke that everyone thought was Doug Ellis a few months back.  He works at the club, but cant remember his name
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Offline No666

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #681 on: April 16, 2009, 09:43:39 am »
I trust RAWKites more than papers repeating each other - if you lot say it wasn't Gillett, it wasn't. But mildly interesting if the Kuwaitis were there, although they appear to blow hot and cold. Perhaps Guyko will have some more news soon.

Offline fry

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #682 on: April 16, 2009, 09:45:47 am »
If that guy was Gillette then Gillette has been driving down extra cheese burgers and underwent surgery similar to john Travolta and Nicolas cage in the US box office hit "face off".
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Offline Stevo75

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #683 on: April 16, 2009, 09:52:20 am »
http://www.liverpoolfc.tv/images5/PROP070415-08-Hillsborough_Rem.jpg

The bloke we saw sat next to Gerrard the other night is the same bloke sat 2 places from Parrys right at last years memorial service
On awaiting Everton's arrival for a derby game at Anfield, Bill Shankly gave a box of toilet rolls to the doorman and said: "Give them these when they arrive – they'll need them!"

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #684 on: April 16, 2009, 09:52:50 am »
I trust RAWKites more than papers repeating each other - if you lot say it wasn't Gillett, it wasn't. But mildly interesting if the Kuwaitis were there, although they appear to blow hot and cold. Perhaps Guyko will have some more news soon.

Didnt see Gilett but Hicks son was there yesterday the young fella with red hair.
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Offline leeb

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #685 on: April 16, 2009, 09:54:02 am »
It was Terry Smith, former shareholder and director of LFC and now Hon Life Vice President.

Offline Stevo75

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #686 on: April 16, 2009, 09:56:43 am »
It was Terry Smith, former shareholder and director of LFC and now Hon Life Vice President.

Thats the fella!  Nice one mate
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Offline No666

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #687 on: April 16, 2009, 10:00:21 am »
So Charles Sales was right about that. Might be right about the Kuwaitis then.

Offline HarryLabrador

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #688 on: April 16, 2009, 10:04:49 am »
So Charles Sales was right about that. Might be right about the Kuwaitis then.

That's the point I made earlier. You can't believe most of what they write. I wonder if he can tell one Middle Eastern from another.  :D
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Offline fry

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #689 on: April 16, 2009, 10:05:11 am »
What would be the general feeling to a majority Kuwaiti ownership (providing they are good owners) along with Gillette as a minority.  Not my first choice but seems like a possible scenario with him having buyers lined up for his Canadian shit.
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Offline RedJam70

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #690 on: April 16, 2009, 10:32:39 am »
If the Kuwaitis were at the game they were probably hosted by Hicks son seeing as he was over here and at the memorial service. If Gillett was here for the game too, would he not have attended the service as well?

Offline guyko21

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #691 on: April 16, 2009, 11:01:41 am »
I trust RAWKites more than papers repeating each other - if you lot say it wasn't Gillett, it wasn't. But mildly interesting if the Kuwaitis were there, although they appear to blow hot and cold. Perhaps Guyko will have some more news soon.
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Offline Igor Zidane

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #692 on: April 16, 2009, 01:15:50 pm »
If the Kuwaitis were at the game they were probably hosted by Hicks son seeing as he was over here and at the memorial service. If Gillett was here for the game too, would he not have attended the service as well?
Do you think it is possible that they were at the service yesterday but just stayed out of sight ? Considering how we and the vast majority of us there yesterday feel towards them . They might have shown some sort of common sense and stayed in the backgroung out of the way . Seriously the reception Andy Burnham got would have paled into insignificance if they had strolled in there showing there faces.
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Offline RedJam70

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #693 on: April 16, 2009, 01:56:38 pm »
It's possible, but I think its unlikely that they were there yesterday, especially with Hicks son being there, else they all would have kept out of sight. As for the game, the media usually pick them out if they're there so if there's no clear cut picture of Gillett being there then I think it's because he wasn't.

Offline mulfella

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #694 on: April 16, 2009, 02:06:25 pm »
It certainly wasn't Gillett next to Stevie.
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Offline Igor Zidane

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #695 on: April 16, 2009, 02:43:38 pm »
It certainly wasn't Gillett next to Stevie.
this was the fella sitting next to stevie . The fella in the middle sitting next to coco.
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Offline HarryLabrador

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #696 on: April 16, 2009, 04:08:53 pm »
Showmethemoney on TIA just posted this:

Speaking with a friend this lunchtime & it seems there were 4 members of the Al-Kharafi group at Stamford Bridge on Tuesday night. Abdulla Al-Sager, Rafed Al-Kharafi & two others (?) are in London as we speak & are said to be meeting with George Gillett. They are also meeting with Keith Harris who is acting on behalf of Tom Hicks. What’s very interesting is Harris is being accompanied by senior members from law company Rosenblatt – who are based at Andrew Street in London. Also in attendance are members from Merrill. It’s no wonder Keith Harris is working so hard on bringing the Al-Kharafi’s in to Liverpool. I have been told that if Harris is successful in bringing them in to Liverpool he stands to make £9 MILLION from the deal.
« Last Edit: April 16, 2009, 04:10:51 pm by HarryLabrador »
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Offline shelovesyou

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #697 on: April 16, 2009, 04:14:08 pm »
Showmethemoney on TIA just posted this:

Speaking with a friend this lunchtime & it seems there were 4 members of the Al-Kharafi group at Stamford Bridge on Tuesday night. Abdulla Al-Sager, Rafed Al-Kharafi & two others (?) are in London as we speak & are said to be meeting with George Gillett. They are also meeting with Keith Harris who is acting on behalf of Tom Hicks. What’s very interesting is Harris is being accompanied by senior members from law company Rosenblatt – who are based at Andrew Street in London. Also in attendance are members from Merrill. It’s no wonder Keith Harris is working so hard on bringing the Al-Kharafi’s in to Liverpool. I have been told that if Harris is successful in bringing them in to Liverpool he stands to make £9 MILLION from the deal.

9Million quid ? ?

Not bad eh !!!

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Offline Something Else

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #698 on: April 16, 2009, 04:14:48 pm »
9Million quid ? ?

Not bad eh !!!



that figure was mentioned on here the last time round too.....

would not be bad for a bit of work would it

Offline 4pool

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #699 on: April 16, 2009, 04:16:44 pm »
that figure was mentioned on here the last time round too.....

would not be bad for a bit of work would it

Just like a footballers "agent".

You get paid a percentage of the deal. Or you negotiate a flat fee.

Standard practice.
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Offline Something Else

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #700 on: April 16, 2009, 04:21:29 pm »
ah well shite then isnt it ;)

Offline 4pool

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #701 on: April 16, 2009, 05:02:12 pm »
ah well shite then isnt it ;)

i'd like that job.

make a few phone calls, buy expensive suppers and get paid tons for it. :P
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Offline OneKop

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #702 on: April 16, 2009, 05:13:45 pm »

You get paid a percentage of the deal. Or you negotiate a flat fee.


Lets hope he has negotiated a percentage then at about 3% of the value. Meaning that the two scumbags are only getting around the £300mill mark.

Would still hate these fuckers to walk away with even a 1p profit.
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Offline dnkw

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #703 on: April 16, 2009, 05:26:22 pm »
Lets hope he has negotiated a percentage then at about 3% of the value. Meaning that the two scumbags are only getting around the £300mill mark.

Would still hate these fuckers to walk away with even a 1p profit.

Well - it looks like he's operating on behalf of Hicks, not both, so that would be £9m out of Hick's half, presumably?

Offline No666

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #704 on: April 16, 2009, 05:41:24 pm »
There's so much detail in that TIA post, it achieves a certain credibility.

Offline shelovesyou

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #705 on: April 16, 2009, 06:02:08 pm »
There's so much detail in that TIA post, it achieves a certain credibility.

He, SMTM , always posts in good faith , I certainly would never doubt his motives - not one bit .
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Offline HarryLabrador

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #706 on: April 16, 2009, 06:05:10 pm »
There's so much detail in that TIA post, it achieves a certain credibility.
I had thought there may have been a little bit of bad blood between Keith Harris and the Al-Kharafis when Harris threatened to sue them for £7m. I know they settled for £300k or thereabouts. To be fair, SMTM did say Harris was representing Hicks. Indeed there is a strong link between Keith Harris and the solicitors mentioned by the TIA poster which is that in 2004 Rosenblatt solicitors "helped old friend Keith Harris take over Seymour Pierce's investment banking business." http://www.guardian.co.uk/business/2004/aug/21/3
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Offline fry

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #707 on: April 16, 2009, 06:10:49 pm »
Hopefully it is true.
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Offline OneKop

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #708 on: April 16, 2009, 06:18:16 pm »
Well - it looks like he's operating on behalf of Hicks, not both, so that would be £9m out of Hick's half, presumably?

O.K. Scrub the 3% and lets hope its 6% of Hick's half  ;D
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Offline PhilLFC

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #709 on: April 16, 2009, 06:33:52 pm »
any other ITK´s have any int on this
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Offline dnkw

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #710 on: April 16, 2009, 06:57:06 pm »
O.K. Scrub the 3% and lets hope its 6% of Hick's half  ;D

I'm with you there!

Offline redprodigal

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #711 on: April 16, 2009, 08:31:19 pm »
Showmethemoney on TIA just posted this:

Speaking with a friend this lunchtime & it seems there were 4 members of the Al-Kharafi group at Stamford Bridge on Tuesday night. Abdulla Al-Sager, Rafed Al-Kharafi & two others (?) are in London as we speak & are said to be meeting with George Gillett. They are also meeting with Keith Harris who is acting on behalf of Tom Hicks. What’s very interesting is Harris is being accompanied by senior members from law company Rosenblatt – who are based at Andrew Street in London. Also in attendance are members from Merrill. It’s no wonder Keith Harris is working so hard on bringing the Al-Kharafi’s in to Liverpool. I have been told that if Harris is successful in bringing them in to Liverpool he stands to make £9 MILLION from the deal.


Love that highlighted bit, the new exclusive news about Keith Harris. The figure was supposed to be 7 million and it was in the rags weeks ago. More fucking bullshit.

Offline DaveLFC

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #712 on: April 16, 2009, 09:54:20 pm »
What's going on here? Loads of mentions of keith harris and not one, NOT ONE Orville reference.

I'm disappointed.
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Offline HarryLabrador

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #713 on: April 16, 2009, 10:10:54 pm »
Love that highlighted bit, the new exclusive news about Keith Harris. The figure was supposed to be 7 million and it was in the rags weeks ago. More fucking bullshit.
The figure of £7m, if I recall correctly, was the amount he stood to make whilst he was representing the Al-Kharafis. I already posted there was a settlement of £300k to Keith Harris from the Al-Kharafis in March, when negotiations broke down between the Americans and the Kuwaitis.

However,  if you read SMTM's post again you will see he states that Keith Harris now represents Tom Hicks. Of course, this doesn't mean the information given is totally reliable.
« Last Edit: April 16, 2009, 10:22:20 pm by HarryLabrador »
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Offline redprodigal

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #714 on: April 16, 2009, 10:54:49 pm »
The figure of £7m, if I recall correctly, was the amount he stood to make whilst he was representing the Al-Kharafis. I already posted there was a settlement of £300k to Keith Harris from the Al-Kharafis in March, when negotiations broke down between the Americans and the Kuwaitis.

However,  if you read SMTM's post again you will see he states that Keith Harris now represents Tom Hicks. Of course, this doesn't mean the information given is totally reliable.

Thanks for that Mrs Labrador, I tend to jump the gun these days because I'm sick of all this crap. Trying to stay off this part of the forum these days but gotta keep looking now and again, can't help myself.

Offline HarryLabrador

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #715 on: April 16, 2009, 11:01:47 pm »
Thanks for that Mrs Labrador, I tend to jump the gun these days because I'm sick of all this crap. Trying to stay off this part of the forum these days but gotta keep looking now and again, can't help myself.
I understand. I'm also pretty good at jumping after game whenever that gun is fired, it's in the nature of the retriever. ;)
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Offline Igor Zidane

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #716 on: April 17, 2009, 01:48:30 am »
Can someone just confirm to me what i thought i heard on SSN . That one Mr Robert Benard Fowler said that we were in good hands with our american owners and especially George Gillett as he has vast experience with his american franchises .I know he's entitled to an opinion but ffs.
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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #717 on: April 17, 2009, 02:03:20 am »
Can someone just confirm to me what i thought i heard on SSN . That one Mr Robert Benard Fowler said that we were in good hands with our american owners and especially George Gillett as he has vast experience with his american franchises .I know he's entitled to an opinion but ffs.

he did indeed say that, which is very, very disappointing but then again its not really a good idea for him to rip them to shreds is it?

Offline RedJam70

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #718 on: April 17, 2009, 02:29:30 am »
More of the same really but i thought the bolded bit interesting.

Quote
Big trouble in Big D
In spite of the perception that owning a sports franchise is a license to print money, the opposite is often true in the NHL. The most recent case: the Dallas Stars.

It's only the first stage of what appears to be a serious problem, but Tom Hicks, who also owns Major League Baseball's Texas Rangers under the umbrella of HSG (Hicks Sports Group), has stopped making interest payments on loans of $525 million and, as a result, lenders have declared him in default.

Hicks claims he is merely attempting to restructure debt that it isn't a problem, but the Wall Street Journal has reported that he missed a $10 million quarterly interest payment on the loans, and the largest lender is Galatioto Sports Partners, a New York-based sports-financing group that has HSG on the hook for $100 million. That group is also said to hold a great deal of paper regarding the finances of the troubled Lightning.

The Journal says bankruptcy for the Stars is a possibility, which Hicks disputes, but when that happens in the NHL, there is usually a second skate to drop: new ownership. There are reports (and no comments from the NHL) that the league has moved to institute protective measures, contacting the Stars' lenders about dealing with this situation.

We should point out the NHL is good at handling such matters. See: past bankruptcies in Pittsburgh, Los Angeles, Buffalo, and Ottawa. It has intervened in Phoenix to help keep the Coyotes afloat. There have been meetings with creditors and the Lightning's new owners to solve their difficulties. The league has also gone to great lengths to help clean up the mess involving William "Boots" Del Biaggio's apparent fiscal improprieties with the Nashville Predators.

Dallas was not thought to be on the list of ailing teams, and Hicks' problems illustrate the difficulty faced by highly-leveraged sports franchises in this era of fiscal crisis. Hicks is having trouble attracting investors largely because those who have money want no part of a franchise in this economy, and those who might be interested but don't have financing aren't likely to get any from banks and other such enterprises that now take a dim view of such ventures.

According to several financial publications, Hicks has even more debt problems looming in that a note for some $400 million -- used to finance the purchase of the Liverpool soccer team in England's Premier League along with Montreal Canadiens owner George N. Gillett Jr. -- comes due in June. The note is held by the Royal Bank of Scotland, itself in a great deal of difficulty due to the economic crisis and not likely to be in a mood to restructure the existing loan. This appears to be why Gillett is also "reassessing" his sports holdings, and thus the strong rumors that the Canadiens are for sale.

It's not uncommon to withhold interest payments while attempting to negotiate a more favorable business loan, but it's usually done because a debtor anticipates bankruptcy and doesn't see the value of sending out checks when protection from the courts is the goal. Either that or Hicks expects an even more serious problem and is hording his resources accordingly.

This has profound implications for everyone from Alex Rodriguez (who may have to pull a Mario Lemieux and become a part owner of the Rangers in order to get some of the money Hicks is said to owe him) to the NHL, which barely has room on its plate for more financial issues.

This situtation is surely no good for the NHL or for hockey. Dallas had been one of the Southern franchises that worked. Since relocating from Minnesota in 1993, the Stars have put a Stanley Cup in their trophy room and enjoyed at least the perception of strong ownership. Now they appear on the endangered species list.

http://sportsillustrated.cnn.com/2009/writers/jim_kelley/04/16/stars.bankruptcy.tavares/?eref=sircrc

Offline OneKop

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Re: Liverpool owner Hicks selling Texas Rangers shares
« Reply #719 on: April 17, 2009, 07:57:08 am »
but it's usually done because a debtor anticipates bankruptcy.

Don't that just bring a smile.
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