It is amazing the amount of fraud, waste, and abuse perpetrated by the criminals running the University of Louisville: http://www.courier-journal.com/stor...lle-foundation-mafia-not-good-guys/384240001/
Courier-Journal Compares Louisville Athletics to a Crime Syndicate
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That a good start to the narrative. Now more people have to grow a set and get busy digging the rest of the bodies out of the rapidly draining swamp.
This is why integrity is vastly more important than winning. You end up with programs like UL and NC that have more in common with an unflushed toilet than they do basketball. You have fans more than willing to eat the contents of that toilet in both cases.
I was with you up to that last sentence. Then it just got gross.
Yeah. It's a pretty gross situation. Particularly NC, 20 years of academic filth. UL, hookers, graft, cover-ups and on and on. If that's not a bowl of crap, I don't know what is. The fans just eat it up.
The more that is uncovered and the bigger this gets then the more it frees up or forces the NCAA to hammer the basketball program.Public opinion seems to have begun a significant shift against what is and has been going on at UL for some time.
This is much like the Penn St situation,the NCAA hopped on the public opinion train in that case without a ticket.In this case they(NCAA) have a ticket(plenty of grounds and jurisdiction) to act)
UNC should be getting more nervous by the day,once this thing(university corruption) starts rolling downhill it could take more than just UL with it.
If there is a direct link to Ramsey and Jurich and the basketball sex scandal that can be outed then the house of Cards(weak pun intended) will collapse
This is much like the Penn St situation,the NCAA hopped on the public opinion train in that case without a ticket.In this case they(NCAA) have a ticket(plenty of grounds and jurisdiction) to act)
UNC should be getting more nervous by the day,once this thing(university corruption) starts rolling downhill it could take more than just UL with it.
If there is a direct link to Ramsey and Jurich and the basketball sex scandal that can be outed then the house of Cards(weak pun intended) will collapse
Glad the CJ is writing about it, but this article reads like a blog with the dumb mafia nicknames.
Well you can't get much more damning than that article. Apparently the CJ has determined that it's time for rats to desert the sinking ship. I'm starting to think the hammer may fall and it might even hit some crooked politicians.
He's probably not finished with his first bloody mary this fine Saturday.
Since I use an add blocker and can not read the article, any one want to summarize for us out of state fans on what the article said?
Here's an excerpt:
Every time the University of Louisville Foundation met with former President Jim Ramsey, you get the feeling the theme song from “The Godfather” should have been playing in the background.
The forensic audit released Thursday paints a devastating picture of an organization, led by “Jimmy the Comb-Over” Ramsey, that makes the foundation look more like Cosa Nostra than an arm of an educational institution.
You had self-dealing and lavish spending. You had imploring emails to attorneys to try to figure out how to keep their actions hidden from the press and the public.
It was a secretive organization that tried to keep things from the media and others. Kathleen “Katie the Queen” Smith had a particular dislike of my colleague, Andy Wolfson, writing that he "is not known for his objective reporting."
It seems she would have liked to have filled Wolfson full of lead and stashed him in the trunk of her car at Papa John’s Cardinal Stadium. (That car, of course, would be the one paid for with her $12,000 per year car allowance from the foundation.)
She advised another administrator to destroy a record, in what looks like a violation of state open records law. And she sought to conceal foundation matters — and huge payoffs that she, Jimmy the Comb-Over and others were getting — in a series of shell corporations that existed to confuse pesky reporters and others who came looking for answers.
Since 2010, the foundation and the school have combined to pay Athletic Director “Tommy the Enforcer” Jurich more than $19 million. Even Jurich’s son, Mark “Tommy Jr.” Jurich was paid nearly $800,000 by the foundation.
Even though Tommy Jr. worked for his dad, he was listed as an employee of Jimmy the Comb-Over to avoid the appearance of nepotism.
Sports Information Director Kenny Klein said folks in the athletics department didn't know that the salary was coming from the foundation, however.
Nearly 30 people were receiving payments from the foundation or its affiliates, including Jimmy the Comb-Over, who was paid more than $12 million since 2010, and former provost “Shirley the Scholar” Willhnganz, who got $6.7 million.
Katie the Queen was paid $4.4 million.
Throughout all this time, U of L was raising tuition for its students.
Ramsey and Smith didn’t do this alone.
All this took place while their capos — the foundation’s board — was supposed to be watching over them.
When members of the old University of Louisville’s board of trustees, like Steve Wilson, Craig Greenberg and Emily Bingham, began raising questions, Jimmy the Comb-Over’s capos pushed back.
In a move that eventually led to Gov. Matt Bevin removing the entire board of trustees and replacing it with one of his own choosing, the capos claimed that the board was dysfunctional.
As Joe Valachi, the renowned mobster once said, “You live by the gun and the knife and you die by the gun and the knife.”
Eight former members of the foundation’s board of directors refused to be interviewed by the auditors, including former chairman Robert “Blind Bobby” Hughes and former vice chairman “Burt the Banker” Deutsch, who for years ran the foundation’s financial committee.
Blind Bobby tweeted on Thursday that those who declined to be interviewed simply “decided not to continue in the negatives.”
Among other things the auditors found was that millions of dollars were lost on bad investments and more that $50 million was loaned to a subsidiary of the foundation that likely will never be repaid. The foundation spent $17.6 million on executive compensation and trips to bowl games from a fund that wasn’t meant for those purposes.
The audit goes on for 135 pages. One bad revelation after another.
It’s too soon to tell if anyone will be prosecuted but it would be a huge surprise if the FBI and federal prosecutors haven’t been poring over the audit report since it hit the internet on Thursday.
What’s clear is they’re not going to find a lot of “good guys” responsible for this mess.
You guys are still going on about this on the day tv's Batman died? Rick Pitino won't be happy...
R.I.P Adam West
R.I.P Adam West
I'm stunned that the CJ actually ran a piece like that. Is the house of cards finally starting to blow down?
Ugoff, thanks for the reply. Wow that is some read. It seems like some one maybe going to jail.
Reading through the report, there appear to be a few "smoking gun" documents. Check out this document attached to the audit. In that document, it looks like the Louisville Athletics department might have caused the UL Foundation to liquidate assets and potentially taking action to avoid bonding requirements associated with a project at the Swain Student Activities Center. If I'm reading that correctly, that could be a real problem for people at UL. Even worse, the last paragraph of the document indicates that they may have been intentionally destroying documents in possible violation of open records laws. That just looks terrible.
Penn State is a big fish.
LilBrothel is a little fish.
The NCAA does not really care about little fish like Marshall or Louisville.
Clearly. That last sentence is going to get some people into legal trouble.
The President deeply values Tom's loyalty. We've learned in the past few days that a President valuing loyalty is also a sign of corruption.
Agree with your "fish" story,the point I am making is that the NCAA surely learned from how they mishandled the Penn St. matter.UL has served up on a silver platter a chance for the NCAA to do what they tried to do in the Penn St case,which is ride in like a white knight on a golden steed of public opinion and vanquish the evil doers at Louisville
Some of us have no shame. I sincerely apologize for my disrespect of the death of one of my all time favorite TV show stars. I now have another cross to bear.
I agree completely, it detracts from the amazing story and is amateur hour. I'm glad this is all coming to light though, and UL is screwed with or without the article. The corruption uncovered went even deeper than I expected, and I expected it to be bad.
Now the question is whether or not ESPN will take an interest and start running with it on OTL, E:60, and the regular cycle.
Folks, there is a hell of a story here beyond sports. I smell systemic and political corruption.
Folks, there is a hell of a story here beyond sports. I smell systemic and political corruption.
The Louisville Foundation is supposed to be an independent, nonprofit organization that handles the university's financials. However, it seems that the bigwigs used it as a personal slush fund.
Financial officer told to run along. Are they trying to separate themselves from Tomlinson to try and make it look like they are doing something about it? I mean, they don't care about corruption and now all of the sudden are they looking for a scapegoat in Tomlinson, the financial guy? So many involved, why not wait till the investigation is totally finished and the whole truth is out there in the public?
I was going to say, I don't think we need to wonder where the money for the hookers was coming from anymore. $20,000 or so missing from this mess with the endowment would be a drop in the bucket.
The really scary part is what all UL was able to hide from the auditors, as they had a long time to "clean" their books before the audit took place.
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