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04-08-2013, 03:51 PM
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Join Date: Apr 2010
Country: Canada
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I'm not in finance, but this latest report about "debt" makes no sense to me. As far as Hansens debt is concerned, isn't that kind of his business? The "debt" attached to the team and arena could be creative accounting or it could be hedged against his other investments for all we know. As long as the city of Seattle is indemnified from any debt attached to the arena what difference does it make?

and secondly.. how does Daniel Kaplan know anything about the numbers? I don't see any links or sources. What is his source?

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