The Physics of Bradd Pit queried in Decapitated Hollywood Head Enigma, etc.

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The Physics of Bradd Pit queried in Decapitated Hollywood Head Enigma, etc.

Post  Yakima Canutt on Mon Jan 23, 2012 9:29 pm

The mystery of the human head discovered last Tuesday on a popular Hollywood hiking trail, followed soon after by a pair of hands and feet, has intrigued a normally unflinching town. Police have now revealed the victim's identity; might their questioning of area resident Bradd Pitt led them to this major break in the case?

As for Billy Cundiff, he experienced every kicker's worst nightmare when he missed a last-minute field goal attempt that would have forced Sunday's American Football Conference title game between the Baltimore Ravens and New England Patriots into overtime.

Cundiff, 31, hooked his attempt from 32 yards to the left of the upright with 11 seconds to play, allowing the Patriots to escape with a 23-20 win and a trip to the Super Bowl.

"Let's keep this simple," he told reporters at a post-game news conference. "That's a kick I've kicked 1,000 times in my career but today I didn't convert.

"That's the way things go, but there's no excuse for it."

The home supporters at Gillette Stadium in Foxborough, Massachusetts, roared with laughter and breathed a collective sigh of relief while Ravens fans released a mighty groan.

Within seconds, televisions commentators were criticising Cundiff while National Football League (NFL) fans around the world were lampooning him on social media sites.

Cundiff, his head down, ran off the field, looking like the loneliest man in the world and for good reason.

The field goal kicker sits on the sideline for most of the game before suddenly being thrust into center stage, often to win or lose the game. He often only becomes a talking point when he misses.

"When you are at this level, if you're going to be a professional, it's your job," Cundiff said. "And I think you do have to take it personally. I get paid to make field goals I don't get paid to miss field goals."

However, the Mohegan Tribal Gaming Authority has $505 million in loans outstanding and another $250 million due April 1, Keith Foley, an analyst at Moody's Investors Service, recently told investors. The gaming authority, parent company of casinos in Uncasville, Conn., and Wilkes-Barre, Pa., also has about $21 million in interest payments due Feb. 15, he said.

Mohegan Sun announced this month that fourth-quarter net income rose significantly, to $46.7 million, compared with a net loss of $26.3 million in the same period in 2010. But it also said it failed to reach an agreement to refinance debt, though lenders waived a possible default.

"They get to live another day," Foley said in an interview.

Executives at Mohegan Sun did not respond to a request for an interview.

Mohegan Sun is not alone as several Indian-run casinos — some with plans for expansion that have been put on hold — struggle to refinance debt after being caught short when the economy went into recession in December 2007.

Foxwoods Resort Casino in eastern Connecticut seeks to restructure debt, and the Mescalero Apache tribe restructured $200 million in bonds last year for casino resort property in New Mexico. A spokeswoman said Foxwoods is in debt talks, but would not provide details.

An advantage that Indian-run casinos have over their commercial counterparts is that they cannot file for bankruptcy and creditors can't foreclose on their properties because tribal governments are sovereign, said Clyde Barrow, director of the Center for Policy Analysis at the University of Massachusetts at Dartmouth.

Valerie Red-Horse, an investment banker and financial adviser who worked on the Mecalero Apache deal, called it the "best model out there," in part because it preserved the casino's financial distributions to tribal members and tribal government while bond holders kept their stakes, she said.

Some tribes have been forced to agree to cut their distributions until debt is paid down, Red-Horse said. Making sure distributions continue is a "very delicate subject. It causes a lot of angst among tribes," she said.

Financial problems at the casino, the Inn of the Mountain Gods, were due in part to the slowing economy and faltering tourism, she said.

Indian-run casinos expanded rapidly because they are strong economic development tools for the tribes that run the casinos, said Peter Kulick, a Lansing, Mich., tax and gaming lawyer. The businesses survived economic downturns in the 1970s and 1980s and were seen as immune to recessions, he said.

"In the last go-round, that's not the case," he said.



Last edited by user on Tue Jul 16, 2013 8:08 pm; edited 1 time in total

Yakima Canutt

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Re: The Physics of Bradd Pit queried in Decapitated Hollywood Head Enigma, etc.

Post  Yakima Canutt on Fri May 16, 2014 2:51 pm

reminds me of

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