Green Bay Packers Forum

Welcome to your Green Bay Packers Online Community!

Since 2006, PackersHome has been providing a unique experience for fans.
Your participation is greatly anticipated!
Login or Register.
Options
Go to last post Go to first unread
Offline Pack93z  
#1 Posted : Tuesday, September 24, 2013 11:38:34 AM(UTC)
Rank: Select Member

PackersHome NFL Pick'em - Bronze: 2012

United States
Joined: 3/16/2007(UTC)
Location: North Central Wisconsin
Applause Given: 437
Applause Received: 1,238
I am sure that this is just a misunderstanding.. lol.

DeadSpin said:
The owners of the Minnesota Vikings were ordered to pay nearly $85 million in damages to former business partners they defrauded with "evil motive", and will face a criminal investigation into their actions, which a judge declared violated racketeering laws. There's a chance this ruling could hold up plans for a new Vikings stadium.

Zygi Wilf, the majority owner of the team, and his brother Mark and cousin Leonard were found liable for fraud, breach of contract, and breach of fiduciary duty, for their roles in scamming former partners out of the profits of a New Jersey apartment complex. The Wilfs withheld revenues and charged unauthorized fees and interest payments for decades. "Organized crime-type activities," the judge called them, finding they violated the state's RICO act.

"Zygi and his father decided...that the Reichmanns had gotten too good a deal," Superior Court Judge Deanne Wilson declared. "And so they were just simply not going to honor it."

Yesterday, the judge ruled on damages. The Wilfs must pay a whopping $84.5 million, including $36.8 million in punitive damages. Under New Jersey law, the case will now be sent to the county prosecutor and state attorney general for a criminal investigation.

More...
Offline Pack93z  
#2 Posted : Tuesday, September 24, 2013 11:40:51 AM(UTC)
Rank: Select Member

PackersHome NFL Pick'em - Bronze: 2012

United States
Joined: 3/16/2007(UTC)
Location: North Central Wisconsin
Applause Given: 437
Applause Received: 1,238
One of the judges statements:


Quote:
"I do not believe I have seen one single financial statement that is true and accurate."
Offline Pack93z  
#3 Posted : Tuesday, September 24, 2013 11:43:51 AM(UTC)
Rank: Select Member

PackersHome NFL Pick'em - Bronze: 2012

United States
Joined: 3/16/2007(UTC)
Location: North Central Wisconsin
Applause Given: 437
Applause Received: 1,238
More... I kinda feel for the true purple Viking fans.. they seem to get the shaft over and over.

Quote:
Even if the Wilfs are good for it, it's bad news for a stadium deal that went sour almost immediately. Minnesota promised taxpayers wouldn't feel the brunt of the state's contributions because they would come from the proceeds of electronic gambling machines, which were projected to haul in $35 million over the first year. They earned the state $0, and some politicians are demanding an investigation.


Here is a segment of that article on the would be investigation...

Quote:

A state senator and ardent critic of the public financing plan for the new Vikings stadium wants Minnesota lawmakers to investigate failed revenue projections for the project.

The state's $348 million piece of the $975 million stadium project in downtown Minneapolis was to be driven by increased tax revenue from the new, electronic forms of pull-tabs and bingo. Current projections show the electronic games will bring in $1.7 million by the end of 2013 -- just 5 percent of the original estimates.

Sen. Sean Nienow, R-Cambridge, wrote a letter to Sen. Dick Cohen, DFL-St. Paul, the chairman of the Senate Finance Committee, asking for hearings on the matter.

"I was skeptical from the beginning on Governor Dayton's estimates of money that would be generated from electronic pull-tabs. Now we're seeing his estimates are completely off, not even remotely close," Nienow wrote.

The stadium financing package was passed last year with bipartisan support. Republicans were in control of both the House and the Senate at the time, and DFL Gov. Mark Dayton signed it into law.
Offline Cheesey  
#4 Posted : Thursday, September 26, 2013 12:29:25 PM(UTC)
Rank: Select Member

United States
Joined: 7/28/2008(UTC)
Applause Given: 802
Applause Received: 937
This in from "Cheesey News".........

"The Wilfs, in an attempt to end the conflict with their ex-business partners, agreed to give complete ownership of the Minnesota Vikings to the ex-partners.
The ex-partners said "NO WAY!!!! We want something of VALUE!"
[grin1]
thanks Post received 4 applause.
hardrocker950 on 9/26/2013(UTC), Pack93z on 9/26/2013(UTC), SINCITYCHEEZE on 9/26/2013(UTC), Porforis on 10/10/2013(UTC)
Rss Feed 
Users browsing this topic
Guest
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Notification

Icon
Error


Fan Shout
Zero2Cool (4h) : Stop putting words in other peoples mouth. Worry about YOU, no one else. Move on.
Smokey (4h) : Fine wpr, U2 has your's and the other's permission to piss on any member at any time. woof
Zero2Cool (4h) : But we can assume if someone doesn't know, they can ask, or perform an internet search. Move on.
Smokey (5h) : Potential NFL Draftees and Players are asked to take it to score how smart they are .
Smokey (5h) : Wonderlic is a cognitive ability test, usually administered to new employees.
Smokey (5h) : It should not just be assumed that everyone knows what,"Wonderlic" is .
Zero2Cool (5h) : Most players don't care about wonderlic. Some agents prep players. Not reasonable standard.
beast (6h) : We shouldn't judge. ..
uffda udfa (6h) : He has a rep for keen football intelligence. Some guys just don't come across as bright.
uffda udfa (6h) : What thing should we judge intelligence on? Wonderlic is out to you. How he sounds is out.. what is criteria?
uffda udfa (6h) : Are you taking issue with him not being particularly bright? Based on what?
beast (6h) : It's sad your judging a person brightness on such shallow things...
shield4life (16h) : Resign Nick Perry
uffda udfa (20h) : Need some strong sharp passionate voices on D. Daniels gives great quotes.
uffda udfa (20h) : Nick Perry seems to be the team leader as he was giving pregame speeches that seemed very uninspiring.
uffda udfa (20h) : Morgan and his 14 wonderlic. Ever hear him talk? Man, not a bright guy at all.
uffda udfa (20h) : Burnett needs to be replaced. That's our leader? Or one of them? No, thanks.
beast (21h) : For the secondary, I think Burnett/Haha are the leaders.
Smokey (22h) : GB needs a new motto : DEFENSE RULES ! , is intended to change the direction of the Packers focus moving forward .
Smokey (22h) : Thank You Zero.
Zero2Cool (22h) : Great reading a thread and seeing "defense rules" spammed in them all. Great reading material.
Smokey (22h) : DEFENSE RULES !
Zero2Cool (23h) : Think you need to defensive leaders. Front Seven and Secondary. We seem to lack both. Daniels is closest.
beast (23h) : Packers players had a right to complain when they were being bullied by Mike Daniels... just talking about Packers ;-) jk
Zero2Cool (23h) : It was the 26th largest margin since 1940. Feels much worse
Zero2Cool (23h) : thought it was biggest margin of victory in Conf Championship, I was mistaken.
Smokey (23-Jan) : Wow ! The Packers got disrespected too !
Smokey (23-Jan) : Hello ?
uffda udfa (23-Jan) : Can't. MM burned them all.
Smokey (23-Jan) : go pack go ?
wpr (23-Jan) : Smokey AND Uffda, you both ca be placed in a timeout. Stop it.
Smokey (23-Jan) : go pack go :)
Zero2Cool (23-Jan) : STOP! Talk Packers or STFU. K thanks. :-)
uffda udfa (23-Jan) : Ranting about everyone to stop talking Wolf while talking cooking appliances.
uffda udfa (23-Jan) : I told you the truth. It upset you. U were hypocritical.
Please sign in to use Fan Shout

2016 Packers Schedule
Sunday, Sep 11 @ 12:00 PM
at Jaguars
Sunday, Sep 18 @ 7:30 PM
at Vikings
Sunday, Sep 25 @ 12:00 PM
LIONS
Sunday, Oct 2 @ 12:00 AM
BYE
Sunday, Oct 9 @ 7:30 PM
GIANTS
Sunday, Oct 16 @ 3:25 PM
COWBOYS
Thursday, Oct 20 @ 7:25 PM
BEARS
Sunday, Oct 30 @ 3:25 PM
at Falcons
Sunday, Nov 6 @ 3:25 PM
COLTS
Sunday, Nov 13 @ 12:00 PM
at Titans
Sunday, Nov 20 @ 7:30 PM
at Redskins
Monday, Nov 28 @ 7:30 PM
at Eagles
Sunday, Dec 4 @ 12:00 PM
TEXANS
Sunday, Dec 11 @ 3:25 PM
SEAHAWKS
Sunday, Dec 18 @ 12:00 PM
at Bears
Saturday, Dec 24 @ 12:00 PM
VIKINGS
Sunday, Jan 1 @ 7:30 PM
at Lions

Think About It
Think About It

Recent Topics
4m / Green Bay Packers Talk / dhazer

34m / Green Bay Packers Talk / FLORIDA PACKER88

1h / Green Bay Packers Talk / luigis

2h / Green Bay Packers Talk / Zero2Cool

2h / Green Bay Packers Talk / Porforis

2h / Green Bay Packers Talk / MintBaconDrivel

3h / Green Bay Packers Talk / uffda udfa

4h / Green Bay Packers Talk / Smokey

6h / Green Bay Packers Talk / beast

12h / Football Familiarity / mojaveson

12h / Green Bay Packers Talk / uffda udfa

13h / Green Bay Packers Talk / mojaveson

17h / Green Bay Packers Talk / mojaveson

19h / Green Bay Packers Talk / DoddPower

19h / Green Bay Packers Talk / DoddPower


Packers Headlines