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Anonymous
IS THIS THE DEFINITION OF IRONY?
2016-05-17 04:21:34 Post No. 74230679
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IS THIS THE DEFINITION OF IRONY?
Anonymous
2016-05-17 04:21:34
Post No. 74230679
[Report]
The college ran by Crazy Bernie's Wife is closing to massive crushing debt incured by her, holy shit this is great.
>At the end of 2010, Ms. Sanders took out $10 million in loans on behalf of Burlington College to purchase a 32-acre swathe of land from the Roman Catholic diocese, which put the land up for sale to help cover the costs of a $17 million sexual-abuse settlement.
>As Heat Street reported last month, the college almost immediately fell short on its financial obligations as fundraising pledges and commitments Ms. Sanders cited in the loan agreements never materialized.
Less than a year after leading Burlington College into massive debt, Ms. Sanders resigned, taking with her a $200,000 severance package. By 2014, because of its shaky finances and running deficits, Burlington College found itself placed on probation for two years by the regional accreditation agency.
>A Burlington College news release issued this morning called these financial hurdles “insurmountable at this time. We anticipate notice from [the regional accreditation agency] that we have not met the Commission’s financial standard,” the news release said, “and, therefore, our accreditation will be lifted as of January 2017, and the College will not be able to award academic credit after this time.”
>http://heatst.com/politics/breaking-burlington-college-closes-due-to-crushing-weight-of-debt-acquired-by-jane-sanders/
Apparently she can't n2chapter11 like Trump can. Surprise surprise that socialist thinking fails to lead to a happy reality.
>looking at you russia.
