Why the Leafs stink: It's not bad luck. It's not bad karma. What it takes to build a chronic loser. Richard Peddie is sitting at a small conference table in his office at the Air Canada Centre. Laying face down on the table in front of him is a paperback copy of Barack Obama's political memoir The Audacity of Hope. Perfect for the CEO of a team about to set a new standard for futility, but that's not the point. The point will be revealed later. For now, Peddie would just like you to know that he enjoys reading books.