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Message: [QUOTE="The Yakk, post: 5106488, member: 9988"] LOL I get that you're tired of the PE discussion and want it to stop, but you are missing the point a little bit. PE firms are doing exactly what they are supposed to do. There is no "meanness" about it at all; given the rules of our capitalistic system, it is only natural they should exist and do what they do. The question here is, why exactly should a not-for-profit educational institution, or athletic conference, let them into the tent? At first, the PE defenders talked about how these firms would improve the business of college sports and bring more money for everyone. When that fantasy was blown up, the justification switched to "Well, the colleges are already greedy so the greedy PE firms will be a natural partner for them." But that makes even less sense than the altruistic-investor fantasy. Yes, the colleges have been made greedy by the massive amounts of money coming to college sports; and yes, the behavior of the P2 and schools like FSU could well kill the golden goose, but none of that explains why financial firms should be allowed in to grab some of the cash with both fists. The money will not stop coming after the schools tell Wall Street to take a hike. In the end, I doubt there will be any deals done that are of any consequence. I wouldn't put it past some of the school presidents to sign up for the grift; their heads can be way up their own asses. But the Boards of Trustees usually have people who are sufficiently financially astute to avoid these deals. Here is good rule to live by: if a college ever does a deal like this, do not send your kids there. [/QUOTE]

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