ASU, What's Going On?


Bleedbluefan

Bleedbluefan

Ripbayless
http://www.montgomeryadvertiser.com...s-asu-lawsuit-against-auditing-firm/11471773/
A judge in Los Angeles Superior Court has dismissed a case filed by Alabama State University against an auditing firm that's investigating the school.

That report contained a number of damaging allegations against the school and two ASU trustees, chairman Elton Dean and vice-chairman Marvin Wiggins. ASU officials, Wiggins and Dean have all vehemently denied the allegations and opted to file suit against FSS for purposefully damaging the university's reputation.

Why do this in Cali? Well:ASU stated in the lawsuit that it filed the suit in California because FSS had business practices there, and it hinted that a fair trial in Alabama, given the state's history of racial issues and ASU's status as a historically black college, was impossible.
 
Bama State has GOT to have hands down THEE worst and most crooked board in the SWAC. Every years there seems to be some sort of illegality rearing it's ugly head.
 

JayRob said:
Bama State has GOT to have hands down THEE worst and most crooked board in the SWAC. Every years there seems to be some sort of illegality rearing it's ugly head.
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Yup....but why go to Cali??? They weren't going to rule in your favor. Every YEAR something comes up at bama state, never fails.
 
 
Bleedbluefan said:
Yup....but why go to Cali??? They weren't going to rule in your favor. Every YEAR something comes up at bama state, never fails.
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The company conducting the forensic audit had an office there and ASU said they felt they were unable to get a fair trial here.
 
I told yall, them Bamas could steal all the state money they could stand, but once they started stealing federal money it would be on....I want to see some consequences and repercussions behind this. Feds watching
 
More mess going on with Bama State. I don't know how this school continues to function under the current leadership (President not included).

Moody’s Downgrades Alabama State, Howard Credit Ratings
http://hbcudigest.com/howard-university-alabama-state-university-moodys-credit-downgrade/

Moody’s Investor Services this week downgraded the credit ratings of Alabama State University and Howard University, citing instability in leadership and financial struggles at both institutions.

The agency attributed the Alabama State downgrade to Ba1 from Baa1 to “weak governance” and the recent Southern Association of Colleges and Schools’ accreditation warning status. Among the listed challenges:

*ASU has had significant governance and management challenges, which have led to and been exacerbated by extraordinary events, such as a forensic audit, presidential turnover, and accreditation challenges that limit ability to focus on core operational improvement.

*Management’s inability or unwillingness to significantly address a growing structural deficit are symptoms of weak controls that will lead to continued financial deterioration absent material and timely corrective action....
 
Get Ready said:
I told yall, them Bamas could steal all the state money they could stand, but once they started stealing federal money it would be on....I want to see some consequences and repercussions behind this. Feds watching
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Lmao @ "Feds Watching".
Maybe Tew Chaynz, aka Tity Boi, was trying to tell us something when he wrote that song. :lol:
I'm sure he knows his school better than we do.
 
I bet yall won't cry and feel sorry when another bus burns up...,.... I felt no pity for them bumpkins. Burn mofo burn........
 

Damn....Did Boyd piss in his cornflakes?
Po lady...aint even been inaugurated yet and they are trying to get rid of her
This si sad
 
How do they expect the kids to act civilized when the adults that work at this institution at like animals also? Tearing at each other.
 
SO Whats the her secret? We knew she liked women back when she signed the paper saying she wouldn't have overnight guest.
 
A vendor that provides food services for Alabama State University contends in a letter to university trustees that president Gwendolyn Boyd's staff threatened to cancel the company's contract after it refused to provide free food and services for Boyd's inauguration.

http://www.montgomeryadvertiser.com...er-says-asu-tried-shakedown-company/15000781/

The university now carries $235 million in direct debt, according to Moody's Investors Service, which has downgraded ASU's credit rating three times in the past 18 months.

http://www.montgomeryadvertiser.com...8/18/alabama-state-university-prove/14252189/

Smh.... I been pulling for ASU, but it keeps getting worse
 
The debt more then likely came from the new stadium. When AAMU built our stadium Huntsville Times ran every story they could about A&M stadium and the city was mad as hell we stop using their properties. I bet this is the same thing going on in the Gump.
GramblingMan2009 said:
A vendor that provides food services for Alabama State University contends in a letter to university trustees that president Gwendolyn Boyd's staff threatened to cancel the company's contract after it refused to provide free food and services for Boyd's inauguration.

http://www.montgomeryadvertiser.com...er-says-asu-tried-shakedown-company/15000781/

The university now carries $235 million in direct debt, according to Moody's Investors Service, which has downgraded ASU's credit rating three times in the past 18 months.

http://www.montgomeryadvertiser.com...8/18/alabama-state-university-prove/14252189/

Smh.... I been pulling for ASU, but it keeps getting worse
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