Interesting article. I don't know if it is all true, but it does not seem that far fetched.
https://www.politico.com/magazine/st...y-loans-227914
Ranb
https://www.politico.com/magazine/st...y-loans-227914
Quote:
In interviews over the past eight months, they depicted how Falwell and his wife, Becki, consolidated power at Liberty University and how Falwell presides over a culture of self-dealing, directing university resources into projects and real estate deals in which his friends and family have stood to make personal financial gains. Among the previously unreported revelations are Falwells decision to hire his son Treys company to manage a shopping center owned by the university, Falwells advocacy for loans given by the university to his friends, and Falwells awarding university contracts to businesses owned by his friends. Were not a school; were a real estate hedge fund, said a senior university official with inside knowledge of Libertys finances. Were not educating; were buying real estate every year and taking students money to do it. |
via International Skeptics Forum https://ift.tt/2PYIxv6
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