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The all-inclusive Rutgers dumpster fire thread...
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[QUOTE="HtownOrange, post: 1772451, member: 622"] Sadly, you are correct. Plus, many forget that Rutgers was already in the hole between $250MM and $500MM before the B1G invite. If one had to figure in interest, that would blow most corporations away into bankruptcy. I am amused by the "creative" accounting. I have known several accountants and presently one of the co-owners of my company is an accountant - to a man (or woman) they all agree that everything must balance at the end of the day. If any private corporation tried to use Rutgers accounting methods, the top brass, BoD, legal and accounting staffs would all be under investigation with many being indicted. All in the name of "education". [/QUOTE]
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