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re: So LSU is probably filing for bankruptcy
Posted on 4/23/15 at 12:11 pm to hawgfaninc
Posted on 4/23/15 at 12:11 pm to hawgfaninc
quote:
Gov. Bobby Jindal
someone the op would support for president im sure
jindal is a turd fwiw
0
Posted on 4/23/15 at 12:14 pm to Choctaw
quote:
like i said....scare tactics.
Nah dude, it will have real consequences for the university longterm:
quote:
Moody's Investors Service has lowered LSU's credit outlook, a trend that, if it continues, could cost the university more money for construction projects.
LINK
What is scary for LSU is the only way out of it is:
quote:
Moody's said it could increase LSU's credit rating again if the Legislature gave the school more autonomy over its tuition
Posted on 4/23/15 at 12:17 pm to cardboardboxer
quote:
if it continues
quote:
could cost the university
quote:
it could increase
this author is a hack and a communist.
its staring you right in the face.
the fact that he titled his article "LSU to file for bankruptcy?" shows his true colors
This post was edited on 4/23/15 at 12:19 pm
Posted on 4/23/15 at 12:22 pm to Choctaw
quote:
this author is a hack and a communist.
Hack? Communist? Do you not know how credit ratings work?
The only reason that is a "could" is because of the VERY unlikely event that LSU doesn't borrow any money during this period when the credit rating is downgraded.
But make no mistake- if LSU wants to build right now those loans WILL cost more than they would have costed the same time last year. Guaranteed.
The only debatable thing really is if it will get worse before it gets better.
Posted on 4/23/15 at 12:43 pm to Choctaw
LSU President appears to be a drama queen ~ LA Governor is a selfish politician - LA Constitution is royally fricked up - LA journalists are commies.
I honestly hate to see the ongoing bad PR for LSU - somebody on the LSU board needs to put a sock in President Alexander's mouth. Sucks for the faculty and students.
I honestly hate to see the ongoing bad PR for LSU - somebody on the LSU board needs to put a sock in President Alexander's mouth. Sucks for the faculty and students.
Posted on 4/23/15 at 12:54 pm to cardboardboxer
Frick, corn dog sales are soaring. Could have doubled my money if I had foreseen this.
This post was edited on 4/23/15 at 12:55 pm
Posted on 4/23/15 at 12:55 pm to Old Sarge
Its like when liquor stores do better in a recession.
Posted on 4/23/15 at 12:56 pm to Choctaw
quote:
this author is a hack and a communist.
its staring you right in the face.
the fact that he titled his article "LSU to file for bankruptcy?" shows his true colors
Posted on 4/23/15 at 1:01 pm to cardboardboxer
But in the Rant world what happened to Tenn is more relevant
I don't give a crap what world it's in. In our case, people cherry picked a couple of bad line items (like former coaches' salaries and cash accounts) and declared that we were going bankrupt. Now in your case, LSU might really be declaring bankruptcy, but somehow our problems are still more relevant in Rant world? Yeah, right.
I don't give a crap what world it's in. In our case, people cherry picked a couple of bad line items (like former coaches' salaries and cash accounts) and declared that we were going bankrupt. Now in your case, LSU might really be declaring bankruptcy, but somehow our problems are still more relevant in Rant world? Yeah, right.
Posted on 4/23/15 at 1:03 pm to RT1941
quote:
LSU President appears to be a drama queen ~ LA Governor is a selfish politician - LA Constitution is royally fricked up - LA journalists are commies.
Spot on on all counts.
quote:
I honestly hate to see the ongoing bad PR for LSU - somebody on the LSU board needs to put a sock in President Alexander's mouth. Sucks for the faculty and students.
The LSU BOS needs to play some hardball with the politicians. LSU is being sacrificed to keep the other 942 4 year institutions in La open. The citizens of La who support the other small schools are ok with this because a lot of them view LSU as part of the problem (always looking out for itself, taking up more than its fair share of state funding, getting preferential treatment from the State Capitol, etc.).
What they don't realize is that the economic impact LSU has on La is greater than all of the other universities...combined. So yeah, go ahead and strip LSU of its funding to protect McNeese, Nichols, SUNO, and Southern... Hard decisions have to be made, and I'm sorry to all those other smaller universities, but LSU ( and ULL, and La Tech probably) should be spared the brunt of these cuts and allowed to remain fully funded (academically).
I also think all the athletic programs should lose state funding, too before those three schools lose a dime academically.
Posted on 4/23/15 at 1:16 pm to Old Sarge
quote:
Old Sarge
So LSU is probably filing for bankruptcy by Old Sarge
Frick, corn dog sales are soaring. Could have doubled my money if I had foreseen this.
Then why don't you drive to Nebraska or Iowa in your '73 Vega and buy some? (you know, where the corn is?)
Better yet, why don't you wait until the Texas State Fair - the corndog capital of the universe, and get some near your doublewide in Enchilada Heights ??
Posted on 4/23/15 at 1:24 pm to Old Sarge
quote:
Frick, corn dog sales are soaring. Could have doubled my money if I had foreseen this.
should've gotten that in before page 12. the adults are talking now
Posted on 4/23/15 at 1:25 pm to Scoreboard
quote:
LSU might really be declaring bankruptcy
no....we're not. pay attention, window licker
Posted on 4/23/15 at 1:31 pm to MetryTyger
quote:When is the deadline for LA to have the state budget balanced?
MetryTyger
Pres Alexander says he's not putting together paper work to declare financial exigency to scare people, but that looks like exactly what he's trying to do. Will he really take it that far if funding gets cut yet another year?
Posted on 4/23/15 at 1:38 pm to RT1941
Nah. I think he wants to avoid tuition hikes, which I understand is not up soley to LSU anyway.
Hopefully some compromise can be made...
Hopefully some compromise can be made...
Posted on 4/23/15 at 1:41 pm to Choctaw
quote:
LSU might really be declaring bankruptcy
quote:So Alexander is just blowing hot air to the journalists in an effort to probe LA government into appropriating funds from a pot that's ummmm.... empty?
no....we're not.
Posted on 4/23/15 at 2:07 pm to RT1941
Posted on 4/23/15 at 2:12 pm to cardboardboxer
quote:
The only reason that is a "could" is because of the VERY unlikely event that LSU doesn't borrow any money during this period when the credit rating is downgraded.
But make no mistake- if LSU wants to build right now those loans WILL cost more than they would have costed the same time last year. Guaranteed.
Upvote for truth.
Posted on 4/23/15 at 2:31 pm to higgs_boson
When is the deadline for the LA Legislature to balance the budget?
Posted on 4/23/15 at 2:43 pm to RT1941
quote:
When is the deadline for the LA Legislature to balance the budget?
That is a question I would like to know the answer to as well.
Again, budget woes are not exclusive to Louisiana.
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