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June 29, 2006
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Sorry, we've been in meetings all day. We'll be updating tonight. We have lots to share. The draft audit shows that FAMU ended the year with a loss of $10,418,252 (in real money) last year. This represents more than a $7 million INCREASE over the previous year. The way Castell & Co. arrived at the $2.7 million surplus is with the help of a $13 million "capital appropriations". We'll explain later.
Hurry!
ReplyDeletesee what you done started, RN! got people sitting on pins and needles waiting for your report! i know i am! keep up the excellent work!
ReplyDeleteSorry for the delay. I do have to work sometimes. Was out entertaining clients. White folks sho can drink and then get up and meet again at 8 a.m. I already told them don't expect no profound statements from me.
ReplyDeleteOh gawd, FAMU used trickery to balance its books.
ReplyDelete