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Adidas Trial yields 6-9 month sentences.
Judge Goes Easy on NCAA Convicts, Citing Widespread Corruption
Judge Goes Easy on NCAA Convicts, Citing Widespread Corruption
Adidas Trial yields 6-9 month sentences.
Judge Goes Easy on NCAA Convicts, Citing Widespread Corruption
Should be fascinating to see how the NCAA bends itself into pretzels to avoid disciplining Kansas, Arizona, etc., the all-time paragons of virtue.
Adidas Trial yields 6-9 month sentences.
Judge Goes Easy on NCAA Convicts, Citing Widespread Corruption
It's kinda crazy that these guys are going to jail for futzing with college hoop recruiting.
Bankers crashed the economy of the entire free world a decade ago and not a one of 'em spent a day in in the pokey.
It's kinda crazy that these guys are going to jail for futzing with college hoop recruiting.
Bankers crashed the economy of the entire free world a decade ago and not a one of 'em spent a day in in the pokey.
It's kinda crazy that these guys are going to jail for futzing with college hoop recruiting.
Bankers crashed the economy of the entire free world a decade ago and not a one of 'em spent a day in in the pokey.
A handful of the execs got fired. Granted, the 30 million dollar severance helped ease that sting.
A lot more than a few execs got firedA handful of the execs got fired. Granted, the 30 million dollar severance helped ease that sting.
A lot more than a few execs got fired
A lot of people who worked in the industry paid the price for doing their jobs for management who directed them to do things and found themselves packing up their things with not a red cent.
Yeah nobody went to jail, as the boneyard's self proclaimed expert stated, but many in the industry paid the price. Not all "bankers" were responsible, in fact it was the unregulated private market financials that did the most damage. And how did they do it? By interpreting the loose laws and finding allowable (at that time) loopholes that were created by legislators on behalf of lobbyists representing the private markets. These legislators tore into the bankers in 2008 yet these same lawmakers made a ton of money buying stock in those same companies and sold off before the crap hit the fan. So many should have been impeached for insider trading information but nothing was done. Chris Dodd included.
I'm in the industry (40 yrs) and know many who paid the price for just doing their job but I have no respect for the ones who made ridiculously bad decisions and choices
What are your thoughts on Point72 right now? Any thought on Sater? He played a key part in the DNDN crash. Along with all the other unregulated culprits.A lot more than a few execs got fired
A lot of people who worked in the industry paid the price for doing their jobs for management who directed them to do things and found themselves packing up their things with not a red cent.
Yeah nobody went to jail, as the boneyard's self proclaimed expert stated, but many in the industry paid the price. Not all "bankers" were responsible, in fact it was the unregulated private market financials that did the most damage. And how did they do it? By interpreting the loose laws and finding allowable (at that time) loopholes that were created by legislators on behalf of lobbyists representing the private markets. These legislators tore into the bankers in 2008 yet these same lawmakers made a ton of money buying stock in those same companies and sold off before the crap hit the fan. So many should have been impeached for insider trading information but nothing was done. Chris Dodd included.
I'm in the industry (40 yrs) and know many who paid the price for just doing their job but I have no respect for the ones who made ridiculously bad decisions and choices
As I understood it, Congress exempt themself from insider trading - so they could do it legally until things blew up and they had to obey the law like everyone else did. This was just one of many reasons few left Congress poor.A lot more than a few execs got fired
A lot of people who worked in the industry paid the price for doing their jobs for management who directed them to do things and found themselves packing up their things with not a red cent.
Yeah nobody went to jail, as the boneyard's self proclaimed expert stated, but many in the industry paid the price. Not all "bankers" were responsible, in fact it was the unregulated private market financials that did the most damage. And how did they do it? By interpreting the loose laws and finding allowable (at that time) loopholes that were created by legislators on behalf of lobbyists representing the private markets. These legislators tore into the bankers in 2008 yet these same lawmakers made a ton of money buying stock in those same companies and sold off before the crap hit the fan. So many should have been impeached for insider trading information but nothing was done. Chris Dodd included.
I'm in the industry (40 yrs) and know many who paid the price for just doing their job but I have no respect for the ones who made ridiculously bad decisions and choices
Agree with your thoughts. A lot of this started with pols (you call them legislators) wanting more Americans to live the dream of owning a home. The industry figured out a way to do that.A lot more than a few execs got fired
A lot of people who worked in the industry paid the price for doing their jobs for management who directed them to do things and found themselves packing up their things with not a red cent.
Yeah nobody went to jail, as the boneyard's self proclaimed expert stated, but many in the industry paid the price. Not all "bankers" were responsible, in fact it was the unregulated private market financials that did the most damage. And how did they do it? By interpreting the loose laws and finding allowable (at that time) loopholes that were created by legislators on behalf of lobbyists representing the private markets. These legislators tore into the bankers in 2008 yet these same lawmakers made a ton of money buying stock in those same companies and sold off before the crap hit the fan. So many should have been impeached for insider trading information but nothing was done. Chris Dodd included.
I'm in the industry (40 yrs) and know many who paid the price for just doing their job but I have no respect for the ones who made ridiculously bad decisions and choices
I think the schools that didn't pay and therefore couldn't even sniff the high end recruits are the victims here, not the schools that ultimately signed themShould be fascinating to see how the NCAA bends itself into pretzels to avoid disciplining Kansas, Arizona, etc., the all-time paragons of virtue. Here's a clue from the article that likely foretells the defense each school will offer:
"Gatto, Code and Dawkins were convicted of conspiring to defraud universities by routing payments to the families of recruits and concealing those payments from the schools. Meeting in parking lots and hotel rooms, the three men hustled cash to family members of hot prospects, who in turn joined college programs sponsored by Adidas, prosecutors told a jury. "
Self and Miller will do a Sgt Schultz and say "I know nothing" and the NCAA will say, "there you go, you can't punish someone or the school for something about which they knew nothing"..."unless your school's name ends with Connecticut, in which case we need to set an example so others won't go rogue and violate the principles of amateurism upon which our organization was built".
It's kinda crazy that these guys are going to jail for futzing with college hoop recruiting.
Bankers crashed the economy of the entire free world a decade ago and not a one of 'em spent a day in in the pokey.