Time to shut it down then. How many universities does a state need anyway? That or it's time for a rate hike/staff cut. Tear all the statues down and melt down/sell off. No more new buildings, and the people who ran the place into the ground are out of a job tonight.
I cannot imagine how badly OU’s business operations have been managed. ‘Reckless Abandon’ or maybe ‘Drunk and Disorderly’ come to mind. Doesn’t Oklahoma Government have any oversight to insure that incompetence, malfeasance, or fraud and embezzlement are not unchecked in State Agencies?
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My understanding is that the student athletics fee funds things like intramural sports (open to everybody), not the Athletic Department.
Not directly; universities are overseen by the Board of Regents, an unelected body.
One would think that all functioning operations funded even in part with state money should be subject to audit by a state Inspector General; or, if funded even in part by Federal funds, should be subject to audit by the U.S. Inspector General. Gross Incompetence, Misconduct, Malfeasance, Fraud and/or Embezzlement should lead to a Grand Jury and possible Indictment.
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Wind power?
My dad went to law school with Jim Gallogly. Jim didn't spend much time practicing law; he went into business, where he's been tremendously successful. I think he's entirely capable of fixing the financial problems...if he can work with ivory-tower academics. The management methods that work well in the profit-driven private sector tend not to work well in academentia.
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