I wonder if you add it up, how much money they waste.
Stuff like the presidents fence and helicopter won't attract attention of the auditors. Like what was listed in the report - they only commented on stuff over a million dollars. A million in stock loss here....a million in lost equipment there.....wasteful funds on the prez house and helicopters...what else don't we know????
GSU pisses away money like 7th Fleet sailors on semi-annual port call in Bangkok!
I'm an asshole! What's your excuse?
Tell me Joe Thomas wouldn't go to jail if his books looked like this:
Auditors: GSU lost over $1M
State laws reportedly violated
T. Scott Boatright, Reporter
06-30-2010
..."Auditors recommended GSU more stringently monitor the funds in the case of both violations. Auditors also found that for the third consecutive year, GSU did not compile an accurate annual fiscal report, in many cases overstating or understating cash flows by as much as $89 million. Continuing issues with athletic department contracts and movable property were also cited."...
Emphasis added.
I'm an asshole! What's your excuse?
Why dispose of such grand history for mistakes of the incompetent recently? Simply replace the powers to be. So easy to say shutter GSU and not give a second thought to it on a Louisiana Tech message board, but what if people said shut down Tech because of a few incompetent people? I'm sure you'd think that shutting down Tech would be extreme just like shutting down GSU is extreme. If someone has a cut on his finger you bandage it not cut it off.
That is one of the best posts you have made. It is no secret that I like Grambling. I hope they get this straightened out and "put the bandage on it". Grambling and Tech are not in competition and I like the tradition and pride of Grambling. We have been good neighbors for a long time and I hope that continues.