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Around Campus => The Quad => Topic started by: Marshal Dillon on August 16, 2012, 12:12:25 PM



Title: Former SEC Head Coach Arrested
Post by: Marshal Dillon on August 16, 2012, 12:12:25 PM
What a sleaze bag, if true.



http://msn.foxsports.com/collegefootball/story/former-georgia-coach-jim-donnan-charged-in-ponzi-scheme-081612



 :afraid:


Title: Re: Former SEC Head Coach Arrested
Post by: 2Stater on August 16, 2012, 12:18:33 PM
What a sleaze bag, if true.



http://msn.foxsports.com/collegefootball/story/former-georgia-coach-jim-donnan-charged-in-ponzi-scheme-081612



 :afraid:

Rumors of this have been around awhile. He wasn't a very good college coach. Apparently he's not a very good Ponzi schemer, either.


Title: Re: Former SEC Head Coach Arrested
Post by: cbbama99 on August 16, 2012, 12:22:12 PM
Some of those taken in is interesting:

Quote
Among the coaches Donnan helped attract were Texas State football coach Dennis Franchione; Virginia Tech football coach Frank Beamer; ex-Dallas Cowboys coach Barry Switzer and Texas Tech football coach Tommy Tuberville.


Title: Re: Former SEC Head Coach Arrested
Post by: ricky023 on August 16, 2012, 12:25:31 PM
Well those look like some high dollar investors. They have good defenses but not built in I see. lol, RTR!


Title: Re: Former SEC Head Coach Arrested
Post by: cbbama99 on August 16, 2012, 12:26:52 PM
Feel bad for Tubs. Wish I could say the same for Fran.  >:(


Title: Re: Former SEC Head Coach Arrested
Post by: Crimson Legend on August 16, 2012, 01:27:58 PM
so Finebaum was buddies with Scrushy (sp?) and he turned out to be a fine piece of work.  And Finebaum was buddies with Donnan, and this breaks....
maybe PF isn't the best of judges for character.


Title: Re: Former SEC Head Coach Arrested
Post by: Marshal Dillon on August 16, 2012, 01:42:47 PM
so Finebaum was buddies with Scrushy (sp?) and he turned out to be a fine piece of work.  And Finebaum was buddies with Donnan, and this breaks....
maybe PF isn't the best of judges for character.



Donnan was on Finebaum's show several months ago and was making it sound like HE was the victim. He said he lost $5 mil of his own money. So where did the other $68 mil go from the scheme?

 ???


Title: Re: Former SEC Head Coach Arrested
Post by: Chechem on August 16, 2012, 02:02:39 PM
But, but ....
...Tuberville said he had no connection to any Ponzi scheme.
http://hedgefundoperationalduediligence.com/tommy-tuberville-claims-connection-ponzi-scheme/

... but if you read the story, it doesn't match the title.  Weird denial??


Title: Re: Former SEC Head Coach Arrested
Post by: BAMADCHAMPSHIPS on August 16, 2012, 02:40:51 PM
Thanks for the teaser title. >:( I was hoping it was Lane! :wall:


Title: Re: Former SEC Head Coach Arrested
Post by: Marshal Dillon on August 16, 2012, 03:25:37 PM
But, but ....
...Tuberville said he had no connection to any Ponzi scheme.
http://hedgefundoperationalduediligence.com/tommy-tuberville-claims-connection-ponzi-scheme/

... but if you read the story, it doesn't match the title.  Weird denial??



I had read several months ago that Tuberville lost something like $500,00 on this deal.

 ???