Attorney General: Endowment money sho...

Attorney General: Endowment money should not be used to pay bankruptcy costs

There are 1 comment on the Jacksonville Daily Progress story from Dec 4, 2012, titled Attorney General: Endowment money should not be used to pay bankruptcy costs. In it, Jacksonville Daily Progress reports that:

Officials with the Texas Attorney General's Office on Monday reinforced their position that the Lon Morris College bankruptcy estate should not be allowed to use charitable endowment money to pay for its Chapter 11 bankruptcy costs.

Join the discussion below, or Read more at Jacksonville Daily Progress.


United States

#1 Dec 4, 2012
Endowment money should also not be used to line the pockets of those running the school. What about the missing $300K from 2 years ago?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Economics News Discussions

Title Updated Last By Comments
News Tesla's solar business is largely a bust 15 min Solarman 1
News Clothing brand Rue21 closing Rogers, Springdale... 18 hr Bull Cuckman 1
News Charlottesville businessman who admitted to ste... Sun Our President Trump 1
News IMF to help Ukraine with up to $18 billion bailout (Mar '14) Apr 20 Slick Willie Oreilly 86
News Payless Shoes to close Apr 14 Amazing Amazon 4
News Four central Ohio Payless stores among those cl... Apr 14 Duke for Mayor 2
News Settlement offered to Silver State students (Dec '09) Apr 12 SSH former student 71
More from around the web