DRF has the 411: “Former basketball star Bobby Hurley’s Ocala, Fla., farm will go on the auction block Oct. 5 as a result of PNC Bank’s foreclosure on the 140-acre property. Named Devil Eleven Farm in honor of Hurley’s jersey number during his famous career with the Duke University basketball team, the farm is a major asset in PNC’s attempt to recover about $3.3 million in loans and fees. PNC Bank began foreclosure proceedings in late April. According to a report Friday in the Ocala Star-Banner, Hurley listed the farm as collateral for a $2,531,165 mortgage and a $1 million credit line, of which more than $550,000 was used. Interest, attorney fees, and bank charges bring the total due to more than $3.3 million. Court documents filed by PNC Bank say Hurley last made payments on the mortgage and credit line in the spring of 2009. Hurley and his wife, Leslie, agreed not to challenge the foreclosure, clearing the way for the farm’s sale.”
August 20th, 2010 1:42 pm ET
There are an awful lot of people who post on here every day who seem quite content to blame the President for everything from the economy to the fact that it's raining at their house. Seriously folks .. ..you aren't taken seriously when you are so consistent in your hatred. Try, just once, to look at the bigger picture. Nothing happens in a vacuum. The country didn't start down this path of economic failure the day President Obama took office! There are many, many reasons for it spanning decades of bad management by our elected officials . . . . from both parties! Can't you, just once, acknowledge the fact that the current President was handed a country in deep crisis and that he is working to turn things around but that it is going to take more than the two short years he's been in office? Can't you, just once, acknowledge the fact that turning it around is going to take the cooperation of both parties in Congress and that one party isn't acting in good faith? Can't you, just once, acknowledge the fact that the Repubs have done nothing except obstruct legislation which could, and in many instances would, help turn things around simply because they believe if the status quo is maintained some voters (you all) will be so pissed off that your knee-jerk reaction will be to vote them back in again? All of the disparaging names and insults you spew at and about the President don't show you to be patriotic or smart. All it does is make you sound childish and bigoted.
eric seiger
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