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Jim Donnan running a pyramid scheme for coaches?

Discussion in 'Sports and News' started by dixiehack, Aug 7, 2011.

  1. dixiehack

    dixiehack Well-Known Member

    Apparently Donnan got a shit-ton of coaches and players to invest in a retail liquidation company that wound up collapsing. The cavalcade of names: Billy Gillespie, Dennis Franchione, Tommy Tuberville, Frank Beamer, Mark Gottfried, Kendrell Bell, Jonas Jennings, Mike Gottfried, Tom Luginbill, Barry Switzer.

  2. poindexter

    poindexter Well-Known Member

    Remember when people on this board made fun of BLOGS?
  3. SpeedTchr

    SpeedTchr Well-Known Member

    Bliiy Clyde must be the worst money manager in the history of sports. Between this and what he lost with the Salinas doofs, he is out millions apparently.
  4. Moderator1

    Moderator1 Moderator Staff Member

    Then they went legit.
  5. Moderator1

    Moderator1 Moderator Staff Member

    blogs that is, blogs. pure gold, texas tea.
  6. derwood

    derwood Active Member

  7. djc3317

    djc3317 Guest

    no offense to the blog, but this story is about two months old. maybe older.
  8. sully84

    sully84 New Member

    Yeah, I remember seeing the ESPN story on this mid-July along with a little wire story and a pretty detailed AJC story on it at the end of last month.

    The blog adds pretty decent detail, though, even if most of this has already been reported pretty well.

    The story probably hasn't gotten the national play I would have expected considering all the big names. I guess 'Mericans are a little bored with Ponzi scheme stories. Maybe we'll see some more come out on this one...
  9. Blitz

    Blitz Active Member

    ESPN and the like - larger news agencies - aren't all that interested, I think, in exposing or implicating so many of the people they depend on for the "prettiness" of their lucrative collegiate athletics cash cow.
    It'd be a nice "get" for any news agency, though, to blow this story up.
  10. Tarheel316

    Tarheel316 Well-Known Member

    At one time I was hoping Donnan would get the UNC job. Yikes.
  11. wicked

    wicked Well-Known Member

    Funny, I first heard/read about this on ESPN.
  12. Blitz

    Blitz Active Member

    Have they subsequently "blown the story up" ... why, no.
    Of course.
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