Wish we had a Donor like this.....
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    Re: Wish we had a Donor like this.....

    Who is this Pickens guy? Never heard of him.



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    Re: Wish we had a Donor like this.....

    didn't okie state pretty much blow the last donation he gave them? i heard they tried investing it into some kind of hedge fund where they thought they were gonna get a higher return and pretty much lost all of it?



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    Re: Wish we had a Donor like this.....

    Does this guy give money to things other than Okie St. sports? I assume he does because while I am a big sports fan, I could think of people who need money much more than OSU. Obviously, it's his money and he can do what he wants with it, but if I had that much money I would feel obligated to give it to charities before athletic departments.


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    Re: Wish we had a Donor like this.....

    Quote Originally Posted by throwittoblythe View Post
    but if I had that much money I would feel obligated to give it to charities before athletic departments.
    I totally read you and agree to start the "Iowa State Athletic Department CHARITY" with you!



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    Re: Wish we had a Donor like this.....

    On one hand it would be nice. On the other hand, I don't know if I want someone running my athletic department that isn't on the payroll.



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    Re: Wish we had a Donor like this.....

    Quote Originally Posted by ISU BET View Post
    didn't okie state pretty much blow the last donation he gave them? i heard they tried investing it into some kind of hedge fund where they thought they were gonna get a higher return and pretty much lost all of it?
    I think it was invested in his own hedge fund.



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    Re: Wish we had a Donor like this.....

    Quote Originally Posted by thunderdave View Post
    I think it was invested in his own hedge fund.

    so there is some truth to it? did they lose most of the original investment then? the way i heard it was that he was gonna have to give more just to pay for the upgrades that they are currently doing-for a second time



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    Re: Wish we had a Donor like this.....

    I think he said it was up on tv during the texas okie state game.



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    Re: Wish we had a Donor like this.....

    Quote Originally Posted by ISU BET View Post
    so there is some truth to it? did they lose most of the original investment then? the way i heard it was that he was gonna have to give more just to pay for the upgrades that they are currently doing-for a second time
    I think it was also managed by his own people, not anyone with OSU, although, I could be wrong.



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    Re: Wish we had a Donor like this.....

    ole t-bone has lost a lot of his wealth in the stock market lately.


    doc

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    Re: Wish we had a Donor like this.....

    Quote Originally Posted by throwittoblythe View Post
    Does this guy give money to things other than Okie St. sports? I assume he does because while I am a big sports fan, I could think of people who need money much more than OSU. Obviously, it's his money and he can do what he wants with it, but if I had that much money I would feel obligated to give it to charities before athletic departments.
    He's a big reason that the SBVFT (swiftboaters) were able to attack John Kerry.



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    Re: Wish we had a Donor like this.....

    Quote Originally Posted by throwittoblythe View Post
    Does this guy give money to things other than Okie St. sports? I assume he does because while I am a big sports fan, I could think of people who need money much more than OSU. Obviously, it's his money and he can do what he wants with it, but if I had that much money I would feel obligated to give it to charities before athletic departments.
    If I had as much money as him I'd be donating just as much to ISU athletics. I would give money to charities as well but I'd much rather watch ISU athletics really take off.



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    Re: Wish we had a Donor like this.....

    assuming a 30,000 dollar debt upon graduation, he could have put exactly 2,100 kids thru college with that.



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    Re: Wish we had a Donor like this.....

    Quote Originally Posted by ISU BET View Post
    didn't okie state pretty much blow the last donation he gave them? i heard they tried investing it into some kind of hedge fund where they thought they were gonna get a higher return and pretty much lost all of it?
    Okie State didn't blow it, Boone did. It had ballooned in value to around 350 mil and Okie State wanted to cash out, but Boone wouldn't let them for some reason. Now with the economy in the crapper the whole thing is worthless! And they've already started on stadium improvements so he had to bail them out with this new donation.



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