The latest from the fallout of the collapse of Tom Hicks sports empire
Once again we find ourselves reporting on Tom Hicks collapsed sports empire.
We've known for a while that many banks and finance companies have lost a great amount of money on both sides of the Atlantic.
In the latest GSP Finance, a New York-based company, accusess Hicks Sports' Group of fraud and is suing KPMG claiming among other things that the global accountancy giant assisted in the fraud.
Rarely has a running story like this involved so many big players from across the world.