Friday, March 7, 2008

Football Follies

All American Football League
Since inception, the League's finances have been indirectly tied to the $300 billion federally guaranteed student loan asset backed securities market. [...] Every effort is being made to insure that the '08 season will be played as planned, but this depends upon a locating new majority owner with the needed liquidity [...] Otherwise, the inaugural season will be postponed to '09.

The league said Thursday in an e-mail that a new majority owner is needed to salvage the inaugural season, less than a week before training camps are set to open.

Maybe they will get stimulus money for nothing. It was never about the money.

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