http://www.philly.com/philly/educat...U__hid_millions_from_state.html#disqus_thread
If true, one wonders how much of this goes on, including you-know-where....
If true, one wonders how much of this goes on, including you-know-where....
OT: How's this for fraud?
- Thread starter Victor E. Bell
- Start date
Could that be like Erickson's "rainy day fund" he talked about for his 'discretionary spending'?
Hell, Masser, Garban and Surma convinced the nation that PSU & the Second Mile were the same thing, and they might have not been off by much, considering the business deals that were going back and forth. Personal trustee playground. Private planes, $35,000 catered meetings every month. Just don't take away their football tickets. That's when they stand up and fight.
It's the immoral and unethical aspects that are a big issue these days due to significant lessening of standards over time. (We've all heard the excuses- everyone does it, it's no big deal, if you aren't cheating you aren't trying, well your guy did worse, blah blah blah). Hell- there was a thread the other day where someone described Brady not cooperating in the deflategate scandal as "noble". Just shook my head on that one.
In today's reality of yarn spinning and deception, shaking one's head doesn't loosen the cob webs like it used to. The history books have been rewritten, the dictionaries changed at will, right, wrong, ethical and noble turned upside down and I am afraid to look, but wouldn't be surprised if the word moral has been extinguished altogether. What we do have is the lawyers for the Patriots filing a 20,000 word rebuttal to the NFL. Do they charge by the word?
"Behind every great fortune, there lies a great crime" - Honore de Balzac
You forgot sports. I think that at the minor sports professional level there is a good deal of hanky panky going on.
The one I recently was told of is State College based. Matt Shaner owns a hotel organization and owned the Pittsburgh Power arena football team. The Arena Football League has a salary cap for players and coaches. Shaner tried to skirt that by creating a shadow corporation that paid certain players an additional check over and above what the league allowed.
The league found out about it and levied a $100K fine. Shaner could not or would not pay the fine, and the team folded. (You cannot make money while paying fines, I guess.)
Never rose to a legal issue.
Incidentally, the illicit payments were administered by a Shaner company officer who is prominent in politics in Centre County. Shaner himself ran for political office, unsuccessfully, in the past.
I don't know enough about Centre County to venture a guess whether any of this has anything to do with what happened to us at PSU.
I was thinking a little about this, and without going into all my thoughts I have to imagine there's little incentive to keep expenses low if the state is going to make up for it with funding. Seems like there could be far worse things than this going on at some places.
There is quite a bit of crookedness going on at the SSHE schools (I'm a grad of one of them). Check out President Angelo Armenti at California. Spent the place into bankruptcy while building his own little empire.
Today's world is all about who you know and who you blow.
Case in point: School board member has child universally known to have the mentality of a 13-year-old and some strange proclivities. Child goes to college to be a teacher. Child somehow failed student teaching. Child gets non-instructional position in school board member's district. Child gets job as detention coordinator of sorts in the same district. Teachers get "moved around". Child gets placed into teaching position that was never advertised.
We live in a corrupt society. Corporate American, our politicians, judicial system, education, wherever money is involved there is corruption and it's costing the average American hundreds of billions. It's everywhere, not just in Pa.
Cruising Route 66
Well-Known Member
Poor oversight by West Chester's internal audit group and/or the PA Auditor General whereas PSU is audited annually by Deloitte & Touche
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True enough......but rank amateurs relative to the scoundrels we have here.
Of course, prestigious auditors would have prevented that (like, say, the prestigious Arthur Anderson firm that made sure things were Okey-Dokey at ENRON).
Did someone mention Deloitte? LMAO!
http://www.sec.gov/news/press/2005-65.htm
Pitiful
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Cruising Route 66
Well-Known Member
Ha! Predictable that you would reference something negative from 15 years ago in your feeble attempt to discredit. Such are the ways of misanthropes and those who find comfort living in the past. Even with some warts, Deloitte with its frequency of engagement is the logical choice over a state agency that only periodically performs audits of organizations it has financial oversight for. The point you weren't smart enough to grasp. Keep thinking in that silo.
And you think "Deloitte & Touche" is not corrupt? I got a few stories to tell...
