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How NOT to raise funds ...

Discussion in 'Colorado Football Message Board' started by boulder77, Mar 13, 2012.

  1. boulder77

    boulder77 Certified Organic Club Member

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    "Oklahoma State's unique fundraiser was expected to bring in hundreds of millions of dollars to fund school sports, based on the idea of purchasing $10 million life insurance policies on about two dozen boosters with the university as a beneficiary.
    Instead, the so-called "Gift of a Lifetime" program created on the advice of top booster T. Boone Pickens has ended with Oklahoma State having spent $33 million with nothing to show for it." :lol:

    http://espn.go.com/college-sports/s...-state-cowboys-lose-bid-regain-33m-fundraiser
     
  2. Buffarino

    Buffarino Math - how does it work? Club Member

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    What a bunch of dumbasses. The strategy was not a bad one, they just needed to follow it through.
     
  3. Creebuzz

    Creebuzz Club Member Club Member

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    The article doesn't give enough details to fully assess the plan, but betting against insurance company actuaries is a bad strategy IMHO.
     
  4. FlaBuff

    FlaBuff I drive a Dodge Stratus! Club Member

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    :lol:Gee, at least CSU can send one pompom girl to a game with their fund raiser..:lol::lol::lol::lol:
     
  5. mdelpizzo_1

    mdelpizzo_1 My Dixie Wrecked Club Member

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    The Official Oklahoma State Fundraising Strategy:

    Step 1: Sign up big buck booster for life insurance policy
    Step 2: Kill said booster
    Step 3: ???
    Step 4: Profit!
     
  6. Buffarino

    Buffarino Math - how does it work? Club Member

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    Well obviously the last step in the plan is to schedule 'accidents' for the insured...:lol:
     
  7. Junction

    Junction Moderator Club Member

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    I was going to make some smartass remark about buying the policies and putting the boosters in a poorly maintained small plane. Then I realized that really isn't funny when it comes to OSU... :huh:
     
  8. The Guest

    The Guest Guest

    This is actually the rare case where the question marks aren't necessary.
     
  9. SpacemanSpiff

    SpacemanSpiff Club Member Club Member

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    Are you sure? I figured step 3 had Weekend at Bernie's written all over it...
     
  10. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    I'm wondering which of our members AllBuffs should take out policies on... and who we can trust to make sure there are "accidents".
     
  11. FChairbanks

    FChairbanks muthaka slayer Club Member

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    potential scenario between snow and bcs...

    [video=youtube;vYabrQrXt4A]http://www.youtube.com/watch?v=vYabrQrXt4A&feature=related[/video]
     
  12. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    Hmm. I wish the good part of that scene was included.
     
  13. FChairbanks

    FChairbanks muthaka slayer Club Member

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    this part?

    [video=youtube;FcFlp6kl508]http://www.youtube.com/watch?v=FcFlp6kl508[/video]
     
  14. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    No, the part where he dies.
     
  15. The Guest

    The Guest Guest


    Fredo = 'tini. End of discussion.
     
  16. boulder77

    boulder77 Certified Organic Club Member

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    I'm sure Rugged would be up to the task....
     
  17. Ruckus

    Ruckus Peep my words. Club Member

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    [​IMG]
     

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