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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: Cactus Jack who wrote (165246)	4/9/2009 4:24:37 PM
From: stockman_scott	Read Replies (1) \| Respond to of 362786

Very sad....sorry to hear about someone so young losing their life in a crash.

To: Cactus Jack who wrote (165246)	4/9/2009 9:59:24 PM
From: stockman_scott	Respond to of 362786

Angels Rookie Pitcher Nick Adenhart Dies After Crash By Erik Matuszewski April 9 (Bloomberg) -- Los Angeles Angels pitcher Nick Adenhart died this morning of injuries sustained when his car was struck by a vehicle that ran a red light hours after his fourth Major League Baseball start. He was 22. Adenhart was transported to the University of California- Irvine Medical Center shortly after midnight Los Angeles time and died after surgery, hospital spokesman John Murray said in a telephone interview. The Angels postponed tonight’s home game against the Oakland Athletics, at the direction of baseball Commissioner Bud Selig. “The Angels family has suffered a tremendous loss today,” General Manager Tony Reagins said in a statement. “We are deeply saddened and shocked by this tragic loss. Our thoughts and prayers go out to Nick’s family, friends, loved ones and fans.” Two others riding with Adenhart, including the female driver, also were killed when the operator of a van ran a red light and broadsided their car in Fullerton, California, police said. Their identities weren’t immediately available. Both died before police and fire department personnel arrived, authorities said. Suspended License The van’s driver, 22-year-old Andrew Gallo of Riverside, California, fled the scene on foot and was arrested a half-hour later by Anaheim Police, Fullerton Police said in a press release. His license had been suspended prior to the accident for a previous drunken driving conviction. Gallo is being treated for injuries sustained in the accident. The accident occurred hours after Adenhart, a rookie, pitched six shutout innings last night against the Athletics. Adenhart was listed as the Angels’ No. 3 starting pitcher, with John Lackey, Ervin Santana and Kelvim Escobar all on the disabled list. He earned a spot in the rotation after going 3-0 with a 3.12 earned run average during spring training. A 14th-round pick in the 2004 draft, Adenhart was regarded as one of the top prospects for the Angels, who have won four of the past five American League Western Division titles. The Silver Spring, Maryland, native went 36-28 in the minor leagues. “He lived his dream and was blessed to be part of an organization comprised of such warm, caring and compassionate people,” the pitcher’s parents, Jim and Janet Adenhart, said in a statement. “The Angels were his extended family. Thanks to all of Nick’s loyal supporters and fans throughout his career. He will always be in everyone’s hearts forever.” To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To: Cactus Jack who wrote (165246)	4/10/2009 6:13:49 AM
From: stockman_scott	Respond to of 362786

Quote for the day: Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. ~Thomas Edison

To: Cactus Jack who wrote (165246)	4/11/2009 8:01:41 AM
From: stockman_scott	Read Replies (2) \| Respond to of 362786

Tom Hicks’ Sports Group Defaults On $525 Million In Loans finalternatives.com April 3, 2009 Private equity legend Tom Hicks’ sports team holding company has defaulted on more than $500 million in loans, a source has told FINalternatives. Hicks Sports Group, which owns baseball’s Texas Rangers and hockey’s Dallas Stars, failed to make its interest payment on $525 million in syndicated bank loans on Monday. The group is now in talks with its lenders about a forbearance. Hicks made his billions on leveraged buyouts, founding private equity firm Hicks Muse Tate & Furst, now HM Capital, in 1989. He retired from the firm in 2006. According to the source, who has seen documents relating to the loans, Hicks defaulted on a $350 million bank term loan, $100 million second-lien loan and a $75 million revolving credit facility. A spokesman for Hicks Sports declined to comment. Hicks also owns a 50% stake in the English Premier League’s Liverpool Football Club, but through a separate entity. According to the source, the loans are partially secured by the Rangers and Stars, but not by Hicks’ stake in Liverpool or his personal assets. Last week, Major League Baseball’s Web site reported that Hicks had hired Merrill Lynch to explore the sale of a minority stake—of up to 49%—in the Rangers, which Hicks bought in 1998 from an ownership group that included former President George W. Bush. Bush, a longtime friend of Hicks, is scheduled to throw out the ceremonial first pitch at his former team’s home opener in Arlington, Texas, on Monday. According to MLB.com, Hicks is also trying to sell a minority stake in the Stars. It is unclear whether the proposed stake sales, which reportedly can be either in whole or in part, are related to the default. Hicks’ Liverpool co-owner, George Gillett, is trying to sell his Montreal Canadiens hockey team and his Liverpool stake. Hicks and Gillett have reportedly had a falling out over the soccer club, with the former blocking the latter’s attempt to sell most of his stake last year. The Hicks default is the most dramatic manifestation of the current economic crisis on the sports world. In February, the National Basketball Association borrowed $175 million—on top of its existing $1.7 billion credit facility—making it available to 15 teams having trouble making ends meet.