Cubans bid not enough

[Cubsfan786]

This really sucks and i dont know how SI could know this since the bids are closed. But apparently Cuban didnt have a high enough bid anyways. Which i think is a load of crap to try to draw away from the fact that Selig wouldnt let him buy them.

http://www.fannation.com/si_blogs/hot_stove/posts/24422

[gocubs2118]

I would say this is the least of his worries right now.

[Doogolas]

I would say this is the least of his worries right now.

Oh, you mean that $1-$3M fine? I'm sure he's quaking in his boots!

[Hawkize31]

Oh, you mean that $1-$3M fine? I'm sure he's quaking in his boots!

No, I think the possibility of facing an indictment and a prison sentence is a big deal to Cuban.

[BDawk4Prez]

He never relly had a legitimate shot anyways.

[behindmydesk]

Oh, you mean that $1-$3M fine? I'm sure he's quaking in his boots!

No it's probably the fact that he's been interviewed already, and like Martha Stewart if he lied, he's going to the boom boom room. If he didn't lie to authorities yes it's just a fine. But if he did, it's obstruction of justice, and lying to the fed, that's boom boom in his boom boom time, in the big house.

[BDawk4Prez]

No, I think the possibility of facing an indictment and a prison sentence is a big deal to Cuban.

That won't happen, IMO.

He didn't try to hide it like Martha did, and she committed perjury.

The SEC will handle it, nothing more then a large fine.

[BDawk4Prez]

No it's probably the fact that he's been interviewed already, and like Martha Stewart if he lied, he's going to the boom boom room. If he didn't lie to authorities yes it's just a fine. But if he did, it's obstruction of justice, and lying to the fed, that's boom boom in his boom boom time, in the big house.

Damn you, beat me to it...

[cubfan23]

No, I think the possibility of facing an indictment and a prison sentence is a big deal to Cuban.

i think you are wrong. I heard that since its only a civil suit he wont have to face jail time.

[gocubs2118]

um pretty sure your wrong. I head since its only a civil suit he wont have to face jail time.

Its only a civil suit now but it could certainly turn into a criminal suit if the SEC finds out he lied.

[behindmydesk]

i think you are wrong. I heard that since its only a civil suit he wont have to face jail time.

Yea read the whole thread. At the present time that's all he's facing. Much like Martha Stewart at the start. Just a fine. Then the fed stepped in and said you lied ot us, and that's obstruction of justice. That's prison time. That very well could happen here.

[Str1fe5]

No it's probably the fact that he's been interviewed already, and like Martha Stewart if he lied, he's going to the boom boom room. If he didn't lie to authorities yes it's just a fine. But if he did, it's obstruction of justice, and lying to the fed, that's boom boom in his boom boom time, in the big house.

well being interviewed means nothing on obstruction of justice charges. He has to have been under oath for it to get to that level. I have no idea of federal officers have required him to sign a sworn statement or anything like that.

[behindmydesk]

well being interviewed means nothing on obstruction of justice charges. He has to have been under oath for it to get to that level. I have no idea of federal officers have required him to sign a sworn statement or anything like that.

I doubt we would know unless criminal charges are filed.

[DewsSox79]

i think you are wrong. I heard that since its only a civil suit he wont have to face jail time.

who cares? the insider trading just put the icing on the cake, he will never own the cubs for sure now.

[Doogolas]

No it's probably the fact that he's been interviewed already, and like Martha Stewart if he lied, he's going to the boom boom room. If he didn't lie to authorities yes it's just a fine. But if he did, it's obstruction of justice, and lying to the fed, that's boom boom in his boom boom time, in the big house.

Why would he lie though? It's a $1M-$3M fine, I don't think he'd risk going to jail over that. It'd be WAY too stupid, he's a billionaire, that's nothing to him.

Granted, money makes people do weird things.