Orioles: Stanford Financial update
Orioles prospect Jake Arrieta said this morning that he's still confident he'll get his money out of the Stanford Financial system.
"We're just waiting,'' he said, "but I think it will be okay."
Arrieta is among the Scott Boras clients who had their assets impacted by the Stanford Financial Group scandal, but he claims he isn't in the same situation as some players who have had trouble paying their bills while their assets are frozen and may be in danger of losing all the money they invested.
Of course, the situation is so murky that it's hard to tell what's going to happen. Don't know how confident anyone can be of getting paid back at this point.
> 
Comments
Hopefully Jake doesn't read this article.
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090303/REG/903039962/1094/INDaily01
Posted by: TooGoodToBeTrue | March 4, 2009 10:26 AM
I'm sure they'll all be able to negotiate a deal with Scott so that he can loan them some money. Such a deal, though, may take some time...and money...to negotiate.
Posted by: Barry | March 4, 2009 10:51 AM