[bluedevilflame]

At what point do we expect the Virginia AG's office to get involved?

[JK37]

Northam having the last laugh.......?

[LUAlum1215]

So here's my question. Let's say the investigation unveils all kinds of sideways business deals. Then what? What can happen? Does LU owe someone money? Does someone owe LU money? Would Jerry be facing charges? I know this depends on what they find, but I don't see what LU next move is since they've already bounced Jr and the deals are all closed.

https://nonprofitrisk.org/resources/art ... ly-trying/

Will it actually happen? No.

But the sort of mess that those deals can cause will not be easily worked through.

Didn't even think about this possibility but you're right. I'm actually surprised it hasn't already happened.

[LUAlum1215]

At what point do we expect the Virginia AG's office to get involved?

This could prove to be low hanging fruit for Herring. He just announced his intent to seek re-election, so if he can have his way with Jerry it would do him some good in the court of public opinion. I can't stand the guy, well either of the two named actually, but this wouldn't be a bad play to make for someone in his position.

[olldflame]

[Just John]

Especially Trey. I think it’s safe to say Jerry will work through him if he’s left in power.

If Jr. really cared about the many extended family members and in-laws still having jobs he is doing the exact opposite of anything that could help them. I understand some of the extended in-laws are legit.

[Just John]

Dang...

Wesley makes less than his wife, his sister-in-law and about a 1/3 of what Trey makes . (I know he and Trey's personalities are completely different and I assume in level of interest and drive for such thing ).

[JK37]

I feel worst for Wesley. Just let him weld in peace!!

[thepostman]

I don't know Wesley at all and never have heard much about him so I just naturally feel bad for the guy. No reason really.

[flameshaw]

I don't know Wesley at all and never have heard much about him so I just naturally feel bad for the guy. No reason really.

Have met him a few times in Jr's suite, don't really know him. He is a blue collar worker and probably earns his salary, unlike some. Seems to be a reasonable humble guy as well. I do feel bad for him.

[badger74]

I never understood how LU kept their non-profit status but that is probably where all these private businesses come into play. I can not pretend to be familiar with the legal side of things. I know it isn't good though.

Also, at Jr threatening the media. Comical stuff.

Every college worth anything owns things--from acres of timber land to start-ups. It is not illegal at all. You just have to pay regular taxes on it as unrelated business income.

[badger74]

So here's my question. Let's say the investigation unveils all kinds of sideways business deals. Then what? What can happen? Does LU owe someone money? Does someone owe LU money? Would Jerry be facing charges? I know this depends on what they find, but I don't see what LU next move is since they've already bounced Jr and the deals are all closed.

https://nonprofitrisk.org/resources/art ... ly-trying/

Will it actually happen? No.

But the sort of mess that those deals can cause will not be easily worked through.

Didn't even think about this possibility but you're right. I'm actually surprised it hasn't already happened.

LU owns the mall outright as an investment. At this point it probably is under water but IMHO they were doing the right things. I hope the complete the project as a signal of faith in LYH.

[TH Spangler]

I read through the list of some of so called questionable deals. I read the salaries paid to family working there. What I've read so far is going nowhere. Would have to be something new.

[Purple Haize]

I read through the list of some of so called questionable deals. I read the salaries paid to family working there. What I've read so far is going nowhere. Would have to be something new.

Pretty soon you’ll be the ballcoach “Junior did nothing wrong and the BoT acted rashly” Camp

[Just John]

"Watch Live"...apparently the Marketing Department has moved on.

[badger74]

The money has been paid. Might as well use the results.

[rogers3]

I read through the list of some of so called questionable deals. I read the salaries paid to family working there. What I've read so far is going nowhere. Would have to be something new.

I don't think you have the kind of access that would allow you to dig into this... we'll see what the forensic accountants say. A little research might get you up to speed on concerns that the Board MUST address...
https://nonprofitquarterly.org/foundations-trouble/

[ElmersTwin]

Also the investigation's fact gathering and findings will become discoverable in this type of litigation. Its also concerning the the forensic firm has not been named. Our board is loaded with SBC'ers - SBC is group that has a horrific track record of transparency for conduct by leaders involved with financial/sexual issues so I'm expecting to be disappointed by the investigation.

100%. It's laughable to think the people spearheading the decision to investigate Jerry are the same people who also justify voting for a womanizer-in-chief as a Christian thing to do.

I do hope for something positive out of the investigation, but I am ye of little faith.

[Purple Haize]

Also the investigation's fact gathering and findings will become discoverable in this type of litigation. Its also concerning the the forensic firm has not been named. Our board is loaded with SBC'ers - SBC is group that has a horrific track record of transparency for conduct by leaders involved with financial/sexual issues so I'm expecting to be disappointed by the investigation.

100%. It's laughable to think the people spearheading the decision to investigate Jerry are the same people who also justify voting for a womanizer-in-chief as a Christian thing to do.

I do hope for something positive out of the investigation, but I am ye of little faith.

What does investigating Junior have to do with voting for Trump? The confluence of the 2 is maddening. That’s from both sides. I have equal disdain for those who question my Christianity for voting for Trump and for those who question others Christianity for not voting for Trump.

[thepostman]

Agreed, I haven't been shy about my feelings on Trump but continuously bringing him up in the Jr discussion seems pointless.

[ballcoach15]

Just how much "power" will whoever does investigation have ?

[thepostman]

If done right, then they should have the power to decide who should and shouldn't be terminated. They also should determine which deals should be ended due to a conflict of interest.

As has been seen, the board can't be trusted to police the University's top officials so that would be the only way to know for sure things are being conducted on the up and up.

Realistically? I don't foresee these findings being made public and we will never know the full extent of the investigation. I don't believe that is the correct way to go about the investigation but i am also being realistic.

[gerb]

Also the investigation's fact gathering and findings will become discoverable in this type of litigation. Its also concerning the the forensic firm has not been named. Our board is loaded with SBC'ers - SBC is group that has a horrific track record of transparency for conduct by leaders involved with financial/sexual issues so I'm expecting to be disappointed by the investigation.

100%. It's laughable to think the people spearheading the decision to investigate Jerry are the same people who also justify voting for a womanizer-in-chief as a Christian thing to do.

I do hope for something positive out of the investigation, but I am ye of little faith.

What does investigating Junior have to do with voting for Trump? The confluence of the 2 is maddening. That’s from both sides. I have equal disdain for those who question my Christianity for voting for Trump and for those who question others Christianity for not voting for Trump.

It has everything to do with Trump according to Save71.

Speaking of Save71, crickets after I postured they are being mentored by Russell Moore/SBC old guard. Difficult to believe a few guys can get widespread access and coverage by “Christian” media without powerful help.

[ballcoach15]

Media should ignore Save71.

[thepostman]

You two can't seem to.