Educated Bet – The Science of Sports Betting

EducatedBet…2.4 Million Laughs!

A federal judge ordered imprisoned quarterback Michael Vick to repay more than $2.4 million to a Canadian bank for defaulting on a loan.

The Royal Bank of Canada sued Vick in September, arguing his guilty plea to a federal dogfighting charge — and the resulting impact on his career — prevented him from repaying the loan. According to the suit filed in U.S. District Court in Newport News, the loan’s terms specify that any employment change negatively impacting Vick’s income constitutes a default on the loan.

The order Wednesday from U.S. Magistrate F. Bradford Stillman requires Vick to pay $2.4 million, plus $499 in interest per day, starting Sept. 19, 2007, and the bank’s attorneys’ fees and costs of $11,950 plus interest. I am so glad that this happened to Vick…since he does not have to pay back the Falcons any money at all he deserves to pay this 2.4 million back.

Its about time that someone makes him pay. I dont know if he has the 2.4 million at all but he is going to have to pay it regardless…good good good! I hope that they make him pay real soon because I dont like him anymore in case you were wondering!

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