Penn State IFC tells Barron to grow up

[interrobang]

You know what happens if you ban Greek life?

You get a ton of underground frats with less oversight and less structure. How's that going to work out, Barron?

 

[Nitt1300]

One of my kids was an RA for two years. If anybody thinks that underage drinking, alcohol abuse, or general stupidity is any less prevalent in the dorms you probably haven't spend much time there lately.

Their behavior is no better and no worse than it was when I was at Penn State- put that many kids in one place and you get what you get.

 

[bjf1991]

Not a lawyer, but didn't PSU expect PMA to cover the liability?

O...M...G


Which may spark the question:

How long until "our" Responsible Stewards are parroting that same drivel?

"Not long", would be my guess.


Is there ANY way in which they are distinguishable from the Scoundrels?



What a damn failure. A complete waste of 5 years.

 

[njlion73]

Yeah, but the point we are discussing is that PSU, regardless of the status of its coverage, agreed to indemnify TSM in the Sandusky matter. Because PSU did not want to settle and have the cases go to trial against TSM. Whether that was because PSU feared embrrassment for itself, or embarrassment for the connected swells on the TSM board is not known.

They indemnified TSM, which made it possible to end the cases on the day PSU PAID.

I understand the indemnification issue. I was responding to the question by Bricktowner regarding insurance.

 

[bjf1991]

It is my understanding Penn State is self insured to a specific dollar amount and is insured above that amount. PMA is the insurer
however they denied coverage in the Sandusky matter. I believe the basis for the denial was for failure of PSU to report the potential
claims to them, in a timely fashion, per policy conditions.

AKA:

The "basis for denial" was that - like any insurance company in the history of EVER - even PMA was not going to reimburse a "policyholder" for independently choosing to hand out $100,000,000 to un-vetted claimants that it had no liability to.


And the idea that anyone among the PSU hierarchy EVER thought that "PMA would reimburse"?

LMAO

That would require the belief that they were all dumber than a bag of hair.

I'm gonna' give them a little more "credit" that that.

 

[njlion73]

AKA:

The "basis for denial" was that - like any insurance company in the history of EVER - even PMA was not going to reimburse a "policyholder" for independently choosing to hand out $100,000,000 to invented claimants that it had no liability to.


And the idea that anyone among the PSU hierarchy EVER thought that "PMA would reimburse"?

LMAO

That would require the belief that they were all dumber than a bag of hair.

I'm gonna' give them a little more "credit" that that.

I agree completely. I thought the reason for the denial, given publicly, was failure to report the potential claims timely. However, you are much more knowledgeable on this case than I am and I agree with your statement regarding PMA not going to reimburse where there is no liability.

 

[Lion Lineage]

You know what happens if you ban Greek life?

You get a ton of underground frats with less oversight and less structure. How's that going to work out, Barron?

Your assumption isn't borne out by the experience of these colleges that banned all frats:

http://www.newsweek.com/inside-colleges-killed-frats-good-231346

 

[bjf1991]

I agree completely. I thought the reason for the denial, given publicly, was failure to report the potential claims timely. However, you are much more knowledgeable on this case than I am and I agree with your statement regarding PMA not going to reimburse where there is no liability.

Yep.



What is really sad is how far "our own" (referring to those with standing and obligation, not referring to you - I doubt you buy or support that crap) have gone to not only "not oppose" the party line - but to actually support it.


When one of "our" guys, expected to provide "responsible governance", is a guy who took a QUARTER OF A BILLION DOLLARS ($250,000,000+) of shareholders money with him as a "parting gift".


Not just in this case, but wrt just about every issue facing the University and it's governance.

It's so pathetic, it's hard to decide whether to cry or laugh.


Not that we should have been that surprised.



Sometimes you get EXACTLY what you ask for.

 

[njlion73]

Yep.



What is really sad is how far "our own" (referring to those with standing and obligation, not referring to you - I doubt you buy or support that crap) have gone to not only "not oppose" the party line - but to actually support it.


When one of "our" guys, expected to provide "responsible governance", is a guy who took a QUARTER OF A BILLION DOLLARS ($250,000,000+) of shareholders money with him as a "parting gift".


Not just in this case, but wrt just about every issue facing the University and it's governance.

It's so pathetic, it's hard to decide whether to cry or laugh.


Not that we should have been that surprised.



Sometimes you get EXACTLY what you ask for.

I agree completely.

 

[uhlerlion]

For the average sorority/fraternity member it could mean lifelong friendships and professional networking. What exactly is the football team doing for them?

So a good ole boys network-- decided internally on who gets to join--- and who gets snubbed (from lifelong friendships and networking)--- Wow perpetuating entitlement I see

 

[PSU_Nut]

You know what happens if you ban Greek life?

You get a ton of underground frats with less oversight and less structure. How's that going to work out, Barron?

It would work out great. First of all they will not have any association with the university. The university will have no liability because they are no long affiliated with the university. Finally it would be very small. They would all lose their national charter and likely their houses. The corporation who currently own the homes would be forced to sell as cost to maintain the house and get liability insurance would be astronomically exepensive with little oversight. They would fade into obscurity and be a relic of the past.

 

[LafayetteBear]

TSM was indemnified by PSU. That does not mean psu bought them insurance. After all, psu had no GD insurance itself.

PSU agreed to pay any damages attributable to TSM. THEY. INEMNIFIED. TSM.

I understand that PSU indemnified TSM. So what? Your point is that not all indemnity agreements are insurance contracts? That's obvious.

But it is equally true that all insurance contracts are indemnity agreements. And that was my point. The University is invariably gonna prefer an indemnity from an insurance company (i.e., insurance coverage) over an indemnity from a Fraternity, since the insurer has a deeper pocket. Nothing you have said here changes that.

 

[demlion]

Wow. Look, in the world, you can indemnify others through both insurance ("additional insured" would be a way) and by an indemnity agreement. I AM SAYING IF THE FRATS WON'T DO BOTH, TO THE EXTENT OF ALL THEIR ASSETS BEING EXHaUSTED, THEN F THEM.

It's not as difficult as you are making it.

 

[LafayetteBear]

Wow. Look, in the world, you can indemnify others through both insurance ("additional insured" would be a way) and by an indemnity agreement. I AM SAYING IF THE FRATS WON'T DO BOTH, TO THE EXTENT OF ALL THEIR ASSETS BEING EXHUSTED, THEN F THEM.

Iit's not as difficult as you are making it.

I'm glad you are not setting policy for the University.

BTW, it's "exhausted."

 

[demlion]

I'm glad you are not setting policy for the University.

BTW, it's "exhausted."

Thanks. I am not setting policy for the university. If I were I would be lucky not to have you as an employee.

Meanwhile, it is nice to watch y'all whine while your privilege gets reduced.

 

[Peetz Pool Boy]

I like it when two attorneys get in "barrister fights" on this board. It's kind of like a vetting process. You gradually learn which one you would want to represent you if you ever got in a "bind".

By my scorecard, demlion has simply "owned" CDW3333 over the years.

Is LafayetteBear even a worthy opponent?

 

[jerseylion109]

Dem isn't owning anything

 

[demlion]

Dem isn't owning anything

Haa!