Saturday, March 14, 2009

Sather Posts Bail For Ex-Oiler Owner

ESPN.com reports that Glen Sather posted $1 million bail for former Edmonton Oilers owner Peter Pocklington on Friday, two days after Pocklington pleaded not guilty to bankruptcy fraud charges.

Sather put up property in Minnesota as security to allow Pocklington to be released on bail. Pocklington was arrested at his Palm Desert home Wednesday on allegations he concealed assets during bankruptcy proceedings.

...in the wake of the whole Madoff fiasco, its hard for me to feel bad for someone who is concealing assets in an attempt to file for bankruptcy.

No comments: