From Tarik-El Bashir of the Washington Post:
Sergei Fedorov is being sued by a Michigan bank that says the Washington Capitals center has failed to pay more than $2 million in loans taken out four years ago.
According to a lawsuit filed Monday in Macomb County (Mich.) Circuit Court, Fedorov owes Citizens State Bank more than $2.1 million on two separate loans -- one for $1.75 million and another for $500,000. The first loan was made in December 2004, the second in April 2005.
Read the entire article here.
Why on earth was Sergei Fedorov taking out loans???????????