NaptownChief
02-10-2011, 01:55 PM
http://leatherhelmetblog.com/2011-articles/january/auburgeddeon-end-times-near.html (http://leatherhelmetblog.com/2011-articles/january/auburgeddeon-end-times-near.html)
Auburgeddeon - End Times Near (http://www.chiefsplanet.com/2011-articles/january/auburgeddeon-end-times-near.html)
The UGA blog Sports and Grits (http://sportsandgrits.blogspot.com/2011/01/auburns-future-lies-within-content-of.html) takes a day off from "cold-blooded sausage making" in Georgia to provide insight into the imbroglio in Alabama:
<HR>
Colonial Bank based in Birmingham, AL failed in August of 2009. The chairman of Colonial was Bobby Lowder who is also on the Auburn board of trustees. It is widely held that Lowder is the puppet master of Auburn's BOT and is the man who had Bill Muse removed as AD. Lowder is also the man who interviewed Bobby Petrino while T-Tubs was still under contract.
In 2009 the FDIC seized Colonial and sold its assets to BB&T, and began an investigation into all of Colonial's operations. It is believed that in the course of this investigation the FBI has found overwhelming proof of Auburn supplying the parents of football players with loans of which they were not required to pay back. It was also learned that Colonial bank had set up special accounts that were linked to ATM cards that were then issued to Auburn players giving them access to funds provided by boosters.
It is expected that in the next few weeks the Justice Department will had down indictments on Lowder and a number of Colonial executives over the TARP fraud. Now here is Auburn's problem. If the indictment specifies about the loans and the ATM linked accounts the NCAA will have no choice but to launch a full scale investigation. These actions, if true, dwarf the Alabama scandal of the 2000's that left Bama one vote shy of the Death Penalty.
If true Auburn will test the alleged "SMU Rule" that no other program would ever get the DP. Mike Slive is bracing for this and has apparently informed Auburn that the Conference can do nothing to help. This makes us wonder if Slive and the SEC offices have been tipped off that the pay for play scandal will be named in the indictments. Behind the scenes on all of this it would appear that Slive has been in negotiations with the NCAA to hand down a punishment that would leave the Auburn National title in tact while stripping Newton of his Heisman. The negotiations would also keep Auburn from the DP and in turn prevent Slive from having to consider removing Auburn from the SEC. This is especially important for Slive who is nearing the end of his time as SEC commish and is looking to make one more big move to cement his legacy as Commish and that move is expanding the conference to 16 teams. Slive has apparently been planning the move for a few years and almost let the PAC-10 and Big-10 beat him to the punch. With the current Texas Network mess going on in the Big-12 Slive is waiting to pounce on A&M and maybe Oklahoma as well (however there is no interest in Oklahoma St and if Oklahoma balks over that issue the SEC will move on).
Auburgeddeon - End Times Near (http://www.chiefsplanet.com/2011-articles/january/auburgeddeon-end-times-near.html)
The UGA blog Sports and Grits (http://sportsandgrits.blogspot.com/2011/01/auburns-future-lies-within-content-of.html) takes a day off from "cold-blooded sausage making" in Georgia to provide insight into the imbroglio in Alabama:
<HR>
Colonial Bank based in Birmingham, AL failed in August of 2009. The chairman of Colonial was Bobby Lowder who is also on the Auburn board of trustees. It is widely held that Lowder is the puppet master of Auburn's BOT and is the man who had Bill Muse removed as AD. Lowder is also the man who interviewed Bobby Petrino while T-Tubs was still under contract.
In 2009 the FDIC seized Colonial and sold its assets to BB&T, and began an investigation into all of Colonial's operations. It is believed that in the course of this investigation the FBI has found overwhelming proof of Auburn supplying the parents of football players with loans of which they were not required to pay back. It was also learned that Colonial bank had set up special accounts that were linked to ATM cards that were then issued to Auburn players giving them access to funds provided by boosters.
It is expected that in the next few weeks the Justice Department will had down indictments on Lowder and a number of Colonial executives over the TARP fraud. Now here is Auburn's problem. If the indictment specifies about the loans and the ATM linked accounts the NCAA will have no choice but to launch a full scale investigation. These actions, if true, dwarf the Alabama scandal of the 2000's that left Bama one vote shy of the Death Penalty.
If true Auburn will test the alleged "SMU Rule" that no other program would ever get the DP. Mike Slive is bracing for this and has apparently informed Auburn that the Conference can do nothing to help. This makes us wonder if Slive and the SEC offices have been tipped off that the pay for play scandal will be named in the indictments. Behind the scenes on all of this it would appear that Slive has been in negotiations with the NCAA to hand down a punishment that would leave the Auburn National title in tact while stripping Newton of his Heisman. The negotiations would also keep Auburn from the DP and in turn prevent Slive from having to consider removing Auburn from the SEC. This is especially important for Slive who is nearing the end of his time as SEC commish and is looking to make one more big move to cement his legacy as Commish and that move is expanding the conference to 16 teams. Slive has apparently been planning the move for a few years and almost let the PAC-10 and Big-10 beat him to the punch. With the current Texas Network mess going on in the Big-12 Slive is waiting to pounce on A&M and maybe Oklahoma as well (however there is no interest in Oklahoma St and if Oklahoma balks over that issue the SEC will move on).