Federal regulators on Monday accused Mark Cuban of insider trading, saying he sold shares in an Internet company shortly after learning about a stock offering that was likely to push down the value of his shares. The civil lawsuit involves a 4-year-old stock sale that Cuban has written about on his blog. The U.S. Securities and Exchange Commission alleges that Cuban avoided a $750,000 loss by selling his 6 percent stake after company executives told him confidentially about a stock offering restricted to major investors. However, people close to Cuban suggested the SEC's probe was tainted by an adversarial relationship the entrepreneur had with SEC lawyer Jeffrey Norris in Fort Worth. In one e-mail, Norris criticized Cuban for "smearing the good name of a patriot like President Bush," because of Cuban's reported involvement with a controversial film about the Sept. 11 attacks. Cuban said he played no role with the film, Loose Change. The e-mail exchange was also sent to SEC chairman Christopher Cox. SEC officials said the e-mail was irrelevant because Norris didn't work on the Cuban investigation. Cox didn't vote on the decision to pursue the enforcement case to avoid the appearance of a conflict of interest, SEC officials said. (Dallas Morning News) Comment
Though the NFL couldn't care less about outraged Steelers bettors who lost $32 million because of yet another officiating fumble storming the Las Vegas sportsbooks yesterday, today or tomorrow, the league ought to care about the integrity of its playoff tiebreaker system and how it could directly impact the Steelers and their AFC brethren. NFL, you admitted you got The Touchdown That Was Ultimately Ruled No Touchdown wrong. Now get it right. The final score, after further review, after Troy Polamalu's Touchdown That Was Ultimately Ruled No Touchdown on the last play of the game, should be 17-10, or 18-10, not 11-10. I give you Nos. 7-11 in the NFL tiebreaker formula: 7. Best combined ranking among conference teams in points scored and points allowed. 8. Best combined ranking among all teams in points scored and points allowed. 9. Best net points in conference games. 10. Best net points in all games. 11. Best net touchdowns in all games. John Avello, director of race and sports operations for the Wynn Las Vegas Casino Resort, believes the NFL could - and should - get it right and change the final score. (New York Post) Comment
The tradition is storied, the facilities are elite, and the job pays millions. Being the coach of the University of Tennessee football team certainly has it perks. But according to some experts, the job may not be as attractive as others because of its unique challenges. "Does Tennessee have all of the things that are necessary to be successful? It absolutely does," said college football expert Tony Barnhart of the Atlanta Journal-Constitution. "But it's a harder job than the three main teams they have to compete with: Alabama, Florida and Georgia." The reasons are plentiful and include nationwide recruiting, facing three legitimate national title contenders each season and rebuilding one of the nation's worst offenses. As UT Athletics Director Mike Hamilton searches the country to replace Phillip Fulmer, the issues will surely be addressed during the interview process. The details of the job description have ignited an interesting argument about the appeal of the position. In the past week, multiple coaches have said they are not interested in the UT position. They include Tampa Bay Buccaneers Coach Jon Gruden, North Carolina Coach Butch Davis and Chicago Bears Coach Lovie Smith. Texas Tech Coach Mike Leach has not ruled out the possibility, but said last week he isn't paying "any attention" to any job openings. Cincinnati Coach Brian Kelly said recently said he and his family like where they are. (Tennessean) Comment
Browns running back Jamal Lewis jumps over Bills' defenders Donte Whitner (20) and Keith Ellison (56) during Cleveland's 29-27 Monday Night Football victory. (Rick Stewart/Getty Images)
Poker player Jean-Robert Bellande challenged Charles Barkley to a game of HORSE, and beat him.
1997 -- Arizona Diamondbacks and Tampa Bay Devil Rays hold expansion draft. 1997 -- Mavericks' AC Green ties Randy Smith's NBA record of 906 consecutive games. 1987 -- The Cubs' Andre Dawson become the first player from a last-place club to win an MVP. 1966 -- Sandy Koufax announces his retirement, due to an arthritic left elbow.
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