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ElKabong
10-06-2012, 01:26 AM
40 million dollars in debt. WTF?

http://espn.go.com/college-football/story/_/id/8460722/arkansas-razorbacks-coach-john-l-smith-now-lists-407m-debt

LITTLE ROCK, Ark. -- Arkansas coach John L. Smith has amended his bankruptcy filing, listing $40.7 million in debts -- up from $25.7 million just last month.

The filing in U.S. Bankruptcy Court in Little Rock on Wednesday shows Smith has $1.3 million in assets. His previous filing listed $25.7 million in debts and $1.2 million in assets. -SNIP

Dahoss2002
10-06-2012, 02:52 AM
I'm glad I don't owe anyone 15 or 40 million. I guess at some point in time. he had the "means" to get that far in debt. Mind boggling to me, I still get upset when I lose 300.00 in one day at the track.