Regents to release audit of accounts controlled or accessible to FUPJW:

[sonofdaxjones]

The Mayor of Tardville taps out again.

Sad . . . really.

Massive corruption from top to bottom taking place at K-State... and the king of moral high ground, Daxipad, is still a fan.  Imagine that.  How much cash do you think they swept under the rug for Beasley and Walker, 'Pad?  I'm thinking a couple hundred thousand.


 

No more corruption than a basketball program at ku that's paying players thousands of dollars to stay in school at ku and not jump to the NBA . . . and players that spend more time away from campus during the school year going on trips and having everything paid for by their "handlers". 

[CrimsonBlue]

Now 'Pad's just resorting to baseless allegations and conspiracy theories.  Massive corruption at K-State, and the 'Pad's still throwing stones in glass houses.  Go figure.  Seriously, though, 'Pad... give me an estimate on the amount of cash that was swept under the rug for guys like Beasley and Walker. 

[sonofdaxjones]

Not baseless allegations, that comes from people in the AAU ranks who know about the deals Billy arranges with boosters like Dougie Compton to pay guys like Sherron Collins to stay in school at ku . . . their handlers, the "girlfriend money" etc. etc.  There's a reason why ku basketball has been placed on probation more than any other D1 basketball program in NCAA history Ben. 

[CrimsonBlue]

K-State and ku have the same number of major infractions, dumbass.  Like I said, baseless allegations and conspiracy theories from the one and only Daxipad.  Just give me a quick estimate on the amount of cash flow that Beasley and Walker were bringing in during their time at K-State, 'Pad.  I'd like to know just how corrupt the cheating gets in Manhattan. 

[sonofdaxjones]

Yeah . . . that "hummer" that Beasley drove in Manhattan that looked exactly like a dented 4 or 5 year old Chevy SUV.

The issues at K-State have seen the light of day . . . sadly the NCAA will likely never fully uncover all the cash that changes hands over in ku basketball land and how a select group of high dollar boosters is allowed to constantly lurk in the background of that program.    The people that run AAU tourneys know all to well the money that gets handed out over at ku, and guys like Sherron Collins who get very lucrative "deals" to stay in school another year and forgo the NBA.

And reality is reality . . . ku basketball has been placed on probation more than another basketball program in NCAA Division One history.  

[CrimsonBlue]

Yeah, I'm sure all of that is going on while ku's under NCAA probation and being monitored daily by NCAA compliance officials.  Any more wild ass conspiracy theories? 


 

[sonofdaxjones]

Yeah, I'm sure all of that is going on while ku's under NCAA probation and being monitored daily by NCAA compliance officials.  Any more wild ass conspiracy theories? 


 

ku's not being "monitored" any more than any other program.  The NCAA has become purely a reactive organization on this stuff. 

I'll take the word of those in the AAU tourney ranks over the rantings of a ku fanboy all day, every day. 

[CrimsonBlue]

That's rich coming from a fan of a program that employs Delonte Hill and signs every kid from the DC Assault with an IQ above room temperature.  Still waiting on that estimate of how much money was swept under the rug for guys like Beasley, Walker, Judge, etc, etc.  Probably close to $500,000 or so, wouldn't you say, 'Pad?

[sonofdaxjones]

LOL . . . . who said anything about their IQ??  As far as I know all the DC Assault kids qualified right out of high school, meanwhile there's at least 3 guys at ku who needed "diploma mill" prep schools to get into ku (which pretty much proves how dumb they were considering that like K-State, ku only requires the NCAA minimum for NCAA Freshman) . . . what was that place the Morris twins went to??  Van Down by the River Academy or something like that??  Then to top it off, one of ku basketball's biggest, dirtiest boosters hires their mom!!  Classic . . . absolutely classic.

Like I said on Beasley and Walker . . . apparently K-State wasn't offering them enough to stay around Manhattan, like Doug and Bill give Sherron and likely Aldrich to stay in Lawrence.  

Why are you so angry??  Just be happy the NCAA will likely never really investigate ku basketball and discover how that group of ku basketball boosters "helps" that program along.

[McGrowlTowelZac]

The Mayor of Tardville taps out again.

Sad . . . really.

Massive corruption from top to bottom taking place at K-State... and the king of moral high ground, Daxipad, is still a fan.  Imagine that.  How much cash do you think they swept under the rug for Beasley and Walker, 'Pad?  I'm thinking a couple hundred thousand.


 

It'd pale in comparison to the amount of money ku made it rain on recruits over the years.

[sonofdaxjones]

Hey don't forget, ku is a place where a guy getting "paid" $60K a year to be DoBO, who just happened to have a 5 star recruit son, can afford to live in a $500,000 plus house.   Geezus, how much cash got funnel through "dad" Chalmers to the team . . . probably thousands of dollars.

[CrimsonBlue]

MELTDOWN!!!!

[sonofdaxjones]

The President of Tardland just keeps tapping out.

Sad . . . really.

[Kat Kid]

God, great idea for a piece.  KK, I'm ashamed of us for not doing this first and funnier 

If you'd met the guy who wrote it, you'd be even more ashamed.

f^ck :hangshead:

http://godsawesomegiftksu.blogspot.com/2009/06/happy-fathers-day.html

[Legore]

All this basically showed was a lack of internal controls and record keeping.  I've seen hundreds of these procedures and that is what they always uncover because that is what they are looking for.  Now some are worse then others and these seems like a pretty bad case but all this talk about scandals and what not is just talk by people that don't know what they are looking at. Do a similar audit of any org of decent size and you will find undocumented payments and missing records and lack of controls. 

The compensation payments from the petty cash accounts are probably not a good idea but there is no indication that any of those payments are over and above what was owed to anyone per their contract.  It could end up being a tax issue for those that received the payments if they didn't claim the income and file their tax returns properly but that is no different from any of us.  Aside from those payments the other thing that stands out is the 500k loan to Tim W.  Not sure what justification or reasoning they had for making this but luckily it was paid back.  More then anything it just shows bad management and oversight and it shows that even though Krause had a hand in it goes back even before him and Tim W wasn't the "good money guy" that people seemed to think that he was.   I can also understand why Cavello the business manager was put on paid leave and why he likley will be getting terminated in the near future. 

[Kat Kid]

All this basically showed was a lack of internal controls and record keeping.  I've seen hundreds of these procedures and that is what they always uncover because that is what they are looking for.  Now some are worse then others and these seems like a pretty bad case but all this talk about scandals and what not is just talk by people that don't know what they are looking at. Do a similar audit of any org of decent size and you will find undocumented payments and missing records and lack of controls. 

The compensation payments from the petty cash accounts are probably not a good idea but there is no indication that any of those payments are over and above what was owed to anyone per their contract.  It could end up being a tax issue for those that received the payments if they didn't claim the income and file their tax returns properly but that is no different from any of us.  Aside from those payments the other thing that stands out is the 500k loan to Tim W.  Not sure what justification or reasoning they had for making this but luckily it was paid back.  More then anything it just shows bad management and oversight and it shows that even though Krause had a hand in it goes back even before him and Tim W wasn't the "good money guy" that people seemed to think that he was.   I can also understand why Cavello the business manager was put on paid leave and why he likley will be getting terminated in the near future. 

Fair point.

All I'll say is that Kansas State is stingy as all hell when it comes to documenting academic depts. and entry-level employees.  Meanwhile people making 6 and 7 figures essentially have no oversight/consistent procedures/gatekeepers.  When you ask someone making <30,000/yr to put things on a "company credit card" that is the responsibility of that employee to pay off out of pocket and then wait 2 weeks for reimbursement w/ full receipts/justification and then you see the way things were handled for these clowns?  It tends to piss you off a little.

[steve dave]

God, great idea for a piece.  KK, I'm ashamed of us for not doing this first and funnier 

If you'd met the guy who wrote it, you'd be even more ashamed.

f^ck :hangshead:

http://godsawesomegiftksu.blogspot.com/2009/06/happy-fathers-day.html

needed

[catzacker]

All this basically showed was a lack of internal controls and record keeping.  I've seen hundreds of these procedures and that is what they always uncover because that is what they are looking for.  Now some are worse then others and these seems like a pretty bad case but all this talk about scandals and what not is just talk by people that don't know what they are looking at. Do a similar audit of any org of decent size and you will find undocumented payments and missing records and lack of controls. 

The compensation payments from the petty cash accounts are probably not a good idea but there is no indication that any of those payments are over and above what was owed to anyone per their contract.  It could end up being a tax issue for those that received the payments if they didn't claim the income and file their tax returns properly but that is no different from any of us.  Aside from those payments the other thing that stands out is the 500k loan to Tim W.  Not sure what justification or reasoning they had for making this but luckily it was paid back.  More then anything it just shows bad management and oversight and it shows that even though Krause had a hand in it goes back even before him and Tim W wasn't the "good money guy" that people seemed to think that he was.   I can also understand why Cavello the business manager was put on paid leave and why he likley will be getting terminated in the near future. 

lol.  oh, is that all?  the time period covered was only 2003-current (I suppose that's because of the record retention policy).  extrapolate that over wefald's tenure.  those assholes sat there and told us how poor we were as a university, how we have to do things "differently" because we don't have money to throw around...and then those same assholes threw around money.

[sonofdaxjones]

The Funniest thing of all is that that lazy media, and of course most of Tardville (particularly the K-State obsessed DocStalkSmith and Bentard of Topeka) doesn't understand that Snyder's Corporation is referenced throughout his employment contracts with K-State (that is out there for public consumption).   All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid, and the money was paid to Snyder's corporation just as his in the public domain contract says it should have been.    I've known about SSM Inc. for years, all you had to do was read Snyder's contracts. 

Thanks to this little "study" or "audit" Snyder actually just got paid some more money he was owed.   

Of course all the money that couldn't be accounted for, approx. $845,000 dollars was all funneled through to players according to the Tinfoil Hats of Tardville.   Frankly, I hope that was the case, because then it would show that K-STate was actually trying to keep pace with the massive corruption that exists over at ku, particularly in the basketball program.

[WillieWannabe]

Of course all the money that couldn't be accounted for, approx. $845,000 dollars was all funneled through to players according to the Tinfoil Hats of Tardville.   Frankly, I hope that was the case, because then it would show that K-STate was actually trying to keep pace with the massive corruption that exists over at ku, particularly in the basketball program.

Ditto

[j@yh@wks]

The Funniest thing of all is that that lazy media, and of course most of Tardville (particularly the K-State obsessed DocStalkSmith and Bentard of Topeka) doesn't understand that Snyder's Corporation is referenced throughout his employment contracts with K-State (that is out there for public consumption).   All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid, and the money was paid to Snyder's corporation just as his in the public domain contract says it should have been.

So what your saying is that the deal with Prince is actually nothing new at KSU.   Damn Prince, spend your 3.2 mill well my pudgy friend. 

[sonofdaxjones]

No dumbass . . . what I am saying is it is standard practice for these football coaches to have their own Corporations (no doubt both Mangino and Seff do at ku) and payments to Snyder's corporation were right in line with what he was supposed to be paid per his contract, and the existence of that corporation was known all along and in fact referenced in Snyder's contract multiple times.   Snyder's contract was publicly disclosed multiple times back in 2002, 2003, 2004 etc. etc. 

Please, the resident validators should just back out of these discussions because you just don't have the mental capacity to understand these things.

[j@yh@wks]

All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid

This is all Prince wants.  Your administration is a JOKE.  Talk all your crap about ku and paying players.  Then tell me seriously that KSU doesn't do that same, especially with the outgoing administration.

[Legore]

All this basically showed was a lack of internal controls and record keeping.  I've seen hundreds of these procedures and that is what they always uncover because that is what they are looking for.  Now some are worse then others and these seems like a pretty bad case but all this talk about scandals and what not is just talk by people that don't know what they are looking at. Do a similar audit of any org of decent size and you will find undocumented payments and missing records and lack of controls. 

The compensation payments from the petty cash accounts are probably not a good idea but there is no indication that any of those payments are over and above what was owed to anyone per their contract.  It could end up being a tax issue for those that received the payments if they didn't claim the income and file their tax returns properly but that is no different from any of us.  Aside from those payments the other thing that stands out is the 500k loan to Tim W.  Not sure what justification or reasoning they had for making this but luckily it was paid back.  More then anything it just shows bad management and oversight and it shows that even though Krause had a hand in it goes back even before him and Tim W wasn't the "good money guy" that people seemed to think that he was.   I can also understand why Cavello the business manager was put on paid leave and why he likley will be getting terminated in the near future. 

Fair point.

All I'll say is that Kansas State is stingy as all hell when it comes to documenting academic depts. and entry-level employees.  Meanwhile people making 6 and 7 figures essentially have no oversight/consistent procedures/gatekeepers.  When you ask someone making <30,000/yr to put things on a "company credit card" that is the responsibility of that employee to pay off out of pocket and then wait 2 weeks for reimbursement w/ full receipts/justification and then you see the way things were handled for these clowns?  It tends to piss you off a little.

Yes I can undestand that and we should be pissed off.  I suspect the documenation requirements and the laziness/ entitlement complex of those in the AD is what led to many of these issues.  Per the audit the AD uses the same back office accounting function of the rest of the U (pays the U 195K per year for this service).  Anything that goes through that process would have the same documentation standards and reimbursment time as any other department. 

As a way to get around this the AD set up a fund where they would access money more easily.  It was orginally stated they would use it to cover travel costs but they got lazy and started using it for other things because it was easier then going through red tape of the normal University accounting system.  On top of this apparently they did a crappy job of tracking and accounting for the payments out of this account. Obviously there is potential for abuse there and that is what the report basically shows.  As to if money was wasted or not we really don't know for sure other then to say the potential was there for money to be wasted and we know money was spent without going through the proper approval channels.  Per the audit about 2 million per year went though this account and 5% was spent on non travel costs so about 100K per year is in question.   

[sonofdaxjones]

All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid

This is all Prince wants.  Your administration is a JOKE.  Talk all your crap about ku and paying players.  Then tell me seriously that KSU doesn't do that same, especially with the outgoing administration.

The two issues, Prince/Snyder are mutually exclusive from a contract perspective.     Why is it so difficult for you to understand that payments to Snyder were nothing more than his contracted pay per his . . . contract??  The existence of SSM is right there in black and white in his publicly disclosed contracts from years ago, and the amounts of money that were to be paid to the corp. were right there in the contracts that were disclosed publicly years ago.   This isn't difficult stuff.   This is nothing like finding some secret contract sitting around in a file some place.  

There's dumb administration . . . K-State.  There's paying players and things of that ilk . . . ku.

Big Difference.

[Kat Kid]

All this basically showed was a lack of internal controls and record keeping.  I've seen hundreds of these procedures and that is what they always uncover because that is what they are looking for.  Now some are worse then others and these seems like a pretty bad case but all this talk about scandals and what not is just talk by people that don't know what they are looking at. Do a similar audit of any org of decent size and you will find undocumented payments and missing records and lack of controls. 

The compensation payments from the petty cash accounts are probably not a good idea but there is no indication that any of those payments are over and above what was owed to anyone per their contract.  It could end up being a tax issue for those that received the payments if they didn't claim the income and file their tax returns properly but that is no different from any of us.  Aside from those payments the other thing that stands out is the 500k loan to Tim W.  Not sure what justification or reasoning they had for making this but luckily it was paid back.  More then anything it just shows bad management and oversight and it shows that even though Krause had a hand in it goes back even before him and Tim W wasn't the "good money guy" that people seemed to think that he was.   I can also understand why Cavello the business manager was put on paid leave and why he likley will be getting terminated in the near future. 

Fair point.

All I'll say is that Kansas State is stingy as all hell when it comes to documenting academic depts. and entry-level employees.  Meanwhile people making 6 and 7 figures essentially have no oversight/consistent procedures/gatekeepers.  When you ask someone making <30,000/yr to put things on a "company credit card" that is the responsibility of that employee to pay off out of pocket and then wait 2 weeks for reimbursement w/ full receipts/justification and then you see the way things were handled for these clowns?  It tends to piss you off a little.

Yes I can undestand that and we should be pissed off.  I suspect the documenation requirements and the laziness/ entitlement complex of those in the AD is what led to many of these issues.  Per the audit the AD uses the same back office accounting function of the rest of the U (pays the U 195K per year for this service).  Anything that goes through that process would have the same documentation standards and reimbursment time as any other department. 

As a way to get around this the AD set up a fund where they would access money more easily.  It was orginally stated they would use it to cover travel costs but they got lazy and started using it for other things because it was easier then going through red tape of the normal University accounting system.  On top of this apparently they did a crappy job of tracking and accounting for the payments out of this account. Obviously there is potential for abuse there and that is what the report basically shows.  As to if money was wasted or not we really don't know for sure other then to say the potential was there for money to be wasted and we know money was spent without going through the proper approval channels.  Per the audit about 2 million per year went though this account and 5% was spent on non travel costs so about 100K per year is in question.   

Well we KNOW for a fact that $20,000/yr was completely wasted on paying for rights we already owned in our own contract for golf team use of the Colbert club house.

Would love to see another audit of entire University buildings/maintenance/energy.

[j@yh@wks]

All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid

This is all Prince wants.  Your administration is a JOKE.  Talk all your crap about ku and paying players.  Then tell me seriously that KSU doesn't do that same, especially with the outgoing administration.

The two issues, Prince/Snyder are mutually exclusive from a contract perspective.     Why is it so difficult for you to understand that payments to Snyder were nothing more than his contracted pay per his . . . contract??  The existence of SSM is right there in black and white in his publicly disclosed contracts from years ago, and the amounts of money that were to be paid to the corp. were right there in the contracts that were disclosed publicly years ago.   This isn't difficult stuff.   This is nothing like finding some secret contract sitting around in a file some place.  

There's dumb administration . . . K-State.  There's paying players and things of that ilk . . . ku.

Big Difference.

Didn't Freeman's dad get a job with a very prominent KSU Booster?  

[sonofdaxjones]

All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid

This is all Prince wants.  Your administration is a JOKE.  Talk all your crap about ku and paying players.  Then tell me seriously that KSU doesn't do that same, especially with the outgoing administration.

The two issues, Prince/Snyder are mutually exclusive from a contract perspective.     Why is it so difficult for you to understand that payments to Snyder were nothing more than his contracted pay per his . . . contract??  The existence of SSM is right there in black and white in his publicly disclosed contracts from years ago, and the amounts of money that were to be paid to the corp. were right there in the contracts that were disclosed publicly years ago.   This isn't difficult stuff.   This is nothing like finding some secret contract sitting around in a file some place.  

There's dumb administration . . . K-State.  There's paying players and things of that ilk . . . ku.

Big Difference.

Didn't Freeman's dad get a job with a very prominent KSU Booster?  

LOL . . . fully drinking the Tardville Kool-aid on that one aren't you hawks??

[j@yh@wks]

All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid

This is all Prince wants.  Your administration is a JOKE.  Talk all your crap about ku and paying players.  Then tell me seriously that KSU doesn't do that same, especially with the outgoing administration.

The two issues, Prince/Snyder are mutually exclusive from a contract perspective.     Why is it so difficult for you to understand that payments to Snyder were nothing more than his contracted pay per his . . . contract??  The existence of SSM is right there in black and white in his publicly disclosed contracts from years ago, and the amounts of money that were to be paid to the corp. were right there in the contracts that were disclosed publicly years ago.   This isn't difficult stuff.   This is nothing like finding some secret contract sitting around in a file some place.  

There's dumb administration . . . K-State.  There's paying players and things of that ilk . . . ku.

Big Difference.

Didn't Freeman's dad get a job with a very prominent KSU Booster?  

LOL . . . fully drinking the Tardville Kool-aid on that one aren't you hawks??

just a question.  I don't know either way.  calm down dax.  It's just funny how thick your purple glasses are.  The audit outlines some pretty funny business practices.  It shows people being paid for the same service twice and not paying taxes on income.(the U not the people).  It says the practice was stopped in 2005, but prince proves otherwise.  And to your "I will listen to AA tourney people before tards" crap, there is a bunch of rumblings going on amongst the AAU tourney people about KSU and Beasley and Mayo, apparently you couldn't outbid USC?  Understandable.   
PS>  way to treat Brodrick like a complete @sshole snyder.   

[Kat Kid]

All these allegations of corruption on the part of Snyder are funny considering that he was simply being paid what he had contracted with K-State to be paid

This is all Prince wants.  Your administration is a JOKE.  Talk all your crap about ku and paying players.  Then tell me seriously that KSU doesn't do that same, especially with the outgoing administration.

The two issues, Prince/Snyder are mutually exclusive from a contract perspective.     Why is it so difficult for you to understand that payments to Snyder were nothing more than his contracted pay per his . . . contract??  The existence of SSM is right there in black and white in his publicly disclosed contracts from years ago, and the amounts of money that were to be paid to the corp. were right there in the contracts that were disclosed publicly years ago.   This isn't difficult stuff.   This is nothing like finding some secret contract sitting around in a file some place.  

There's dumb administration . . . K-State.  There's paying players and things of that ilk . . . ku.

Big Difference.

Didn't Freeman's dad get a job with a very prominent KSU Booster?  

LOL . . . fully drinking the Tardville Kool-aid on that one aren't you hawks??

just a question.  I don't know either way.  calm down dax.  It's just funny how thick your purple glasses are.  The audit outlines some pretty funny business practices.  It shows people being paid for the same service twice and not paying taxes on income.(the U not the people).  It says the practice was stopped in 2005, but prince proves otherwise.  And to your "I will listen to AA tourney people before tards" crap, there is a bunch of rumblings going on amongst the AAU tourney people about KSU and Beasley and Mayo, apparently you couldn't outbid USC?  Understandable.   
PS>  way to treat Brodrick like a complete @sshole snyder.   

Moron.